Promotion date: April 9, 2023 to April 30, 2023.

As an American muscle model, Hellcat needs to be a bit sloppy and rough to be more American. There is such a car, when you first see it, your heart is a little throbbing, and at the same time, you are more appreciative. Most friends who have feelings for the American muscle car will love it, even regard it as a treasure, and it is the Dodge Challenger.

　

　　Building a community of human destiny is an important idea and initiative put forward by the CPC Central Committee with the Supreme Leader as the core to coordinate the two overall situations at home and abroad, and an important part of the CPC Central Committee’s new ideas, new ideas and new strategies for governing the country. Comrade Supreme Leader pointed out: "In today’s world, countries are interdependent and share weal and woe. We must inherit and carry forward the purposes and principles of the UN Charter, build a new type of international relations with win-win cooperation as the core, and build a community of human destiny. " The concept of a community of human destiny is rooted in the long-standing Chinese civilization, which conforms to the common aspirations of the international community for peace, development and cooperation, and points out the direction and path for all countries to jointly deal with many global challenges. We should profoundly grasp its connotation and requirements and make unremitting efforts to build a community of human destiny.

　　Promote a high degree of integration of interests of all countries

　　Comrade Supreme Leader pointed out: "Mankind has become a community of destiny in which you have me and I have you, with highly integrated interests and interdependence." This important conclusion profoundly shows that the community of human destiny is first and foremost a community of interests. Countries and regions in the world have extensive common interests. Only by transcending the zero-sum game and realizing the co-construction and sharing of interests can we lay a solid foundation for building a community of human destiny.

　　In today’s world, the in-depth development of economic globalization has a profound impact on the world development process. Under this general trend, countries all over the world are interconnected, interdependent, cooperative and promoting each other to an unprecedented extent. At the same time, all countries in the world also face some global challenges, and no country can stay out of it and be immune to it. It can be said that the interests of all countries in the world are highly integrated, showing a situation of one glory and one loss. At present, economic globalization is also facing some problems in its in-depth development. All countries in the world must dare to take responsibility, face up to problems, find ideas and methods to solve problems, and actively guide the direction of economic globalization. Comrade Supreme Leader has repeatedly stressed that the open door of China will never be closed, and the people of China welcome people from all countries to take the "express train" and "free ride" developed by China with open arms. This responsibility of China has effectively promoted the high integration of interests of all countries. Since the 18th National Congress of the Communist Party of China, China has further deepened its opening to the outside world, and free trade has flourished. The open, transparent, inclusive and non-discriminatory multilateral trading system has activated the "spring water" of the global economy, provided a vast market, a large amount of capital, rich products and valuable opportunities for cooperation for all countries in the world, provided an important impetus for global economic, trade and investment growth, and made outstanding contributions to building a mutually beneficial and win-win global value chain.

　　Practice has proved that the development of China is an opportunity for the world. At present, China is the largest and fastest growing consumer market in the world, the most favored investment destination and the largest foreign exchange reserve country. In 2016, China’s outbound travel reached 122 million, and its foreign direct investment was 170.1 billion US dollars, making it the largest trading partner of more than 120 countries and regions. Since the outbreak of the international financial crisis in 2008, China has maintained the stability of the world economy with its own economic growth, and its contribution rate to the world economic growth has remained above 30% annually. It can be said that maintaining the stability and growth of the world economy and promoting the common development of a large number of countries is a clear manifestation of China’s efforts to promote a high degree of integration of interests of all countries and to build a community of human destiny.

　　Promote multicultural exchanges and integration

　　Comrade Supreme Leader pointed out: "In today’s world, human beings live in a world composed of different cultures, races, colors, religions and different social systems, and people of all countries have formed a community of destiny in which you have me and I have you." Culture is the bridge and link between people. To build a community of human destiny, we need to promote multicultural exchanges and integration on the basis of respecting and maintaining cultural diversity.

　　Cultural exchange and blending is an important spiritual support for the development and progress of human society. Only by strengthening exchanges and mutual learning can different cultures prosper and develop in promoting the progress of human society and safeguarding world peace. Throughout the history of world development, it is impossible for any country or nation to completely lose or get rid of its own cultural traditions, and it is also difficult to accept externally imposed cultures. In the new historical period, the way to develop world culture is to build a community of human destiny as the basic value orientation, adhere to exchanges and mutual learning, promote cultural exchanges that are harmonious but different and eclectic, and promote the sustainable development of human civilization.

　　Practice has proved that culture is colorful because of communication and enriched because of mutual learning. Cultural exchange and mutual learning is an important driving force to promote the progress of human civilization and the peaceful development of the world. Every culture has its own value, its unique charm and profound connotation, and it is the spiritual treasure of mankind. Human history is a magnificent picture of the exchange, mutual learning and integration of different cultures. Diversity brings communication, communication breeds integration, and integration produces progress. To build a community of human destiny, we should respect the diversity of cultural development and promote the exchange, dialogue, peaceful coexistence and harmonious symbiosis of different cultures.

　　Create a platform for common development

　　"Cang Li knows the etiquette." Development is the eternal theme of human society and the fundamental guarantee for building a community of human destiny. Comrade Supreme Leader pointed out: "All countries, big or small, strong or weak, rich or poor, are equal members of the international community and should participate in decision-making, enjoy rights and fulfill obligations on an equal footing." Building a community of human destiny means that all countries in the world are subjects of equal development and mutual respect, and must transcend unilateralism and achieve common development.

　　Common development is true development, and sustainable development is good development. The key to China’s development lies in a development path suitable for China’s national conditions, which is a road to seek common development through opening up. For example, since the Belt and Road Initiative was put forward more than three years ago, China has signed cooperation agreements with more than 40 countries and international organizations to jointly build the Belt and Road Initiative, and more than 100 countries and international organizations have expressed their willingness to support and participate. The circle of friends of the Belt and Road Initiative is rapidly expanding, and the global attention is rapidly increasing. The steady and healthy development of China’s economy has provided a strong impetus for the development of the world economy. The common development and joint development of China and a large number of countries have made the world economy more balanced and stable.

　　Practice has proved that only development can guarantee the basic rights of people of all countries and satisfy their eager yearning for a better life. At present, we must adhere to fair development and make development opportunities more equal, so that all countries can be participants, contributors and beneficiaries of world development; Adhere to open development, oppose all forms of protectionism, achieve mutual consultation, joint construction and sharing, so that more and better development results can benefit people of all countries; Adhere to all-round development, make the development foundation more solid, strive to achieve coordinated development of economy, society and environment, and realize the sustainable development of the world and the all-round development of people. Under the new situation, only by building a common development platform can we inject a steady stream of power into building a community of human destiny.

　　Create a fair, just and shared security pattern.

　　There is only one earth for mankind, and all countries coexist in one world. Comrade Supreme Leader pointed out: "There is no absolute safe paradise in the world, and the security of a country cannot be based on the turmoil of other countries, and the threat of other countries may also become a challenge for the country. If there is a problem with the neighbor, you can’t just think about tying your own fence, but you should help. " To build a community of human destiny, we must adhere to common governance and create a fair and just security pattern of joint construction and sharing.

　　History is the best textbook, the best nutrient and sobering agent. History has repeatedly explained that the world is safe when countries are at peace, and the world is chaotic when countries are fighting. The two world wars in the 20th century and the Cold War, which lasted for more than 40 years, brought great damage to world peace and development, and the lessons were painful and profound. History tells us that countries should treat each other as equals, depend on each other as lips and teeth, engage in dialogue without confrontation, partner without alliance, refrain from being overbearing and buying and selling, and rationally control contradictions and differences; Do not arbitrarily promote the escalation of contradictions, do not arbitrarily undermine the international rule of law, and do not arbitrarily open Pandora’s box; Adhere to the principle of "co-education without harming each other", establish a security partnership with the same breath and common destiny, surpass the "Thucydides Trap", and strive to make the fields of deep sea, polar regions, outer space and the Internet a new frontier for cooperation, rather than an arena for mutual wrestling.

　　Practice has proved that security should be universal, equal and inclusive. All countries have the right to participate in regional and even world security affairs on an equal footing, and they also have the responsibility to safeguard world security. They should turn world diversity and differences among countries into vitality and motivation to promote world security cooperation. In today’s world, security issues are extremely complex, and traditional security threats and non-traditional security threats are intertwined. All countries in the world should establish a new concept of common, comprehensive, cooperative and sustainable security, comprehensively consider the historical latitude and longitude and the actual situation of world security issues, make overall plans and comprehensive policies, and coordinate and promote world security governance; Adhere to peaceful settlement of disputes and promote the security of countries and regions; Focus on the common security interests of all countries, seek peace through cooperation, promote security through cooperation, and accelerate the construction of a safe community.

　　Establish a win-win partnership.

　　In today’s world, countries are more interconnected and interdependent than ever before. Humans live in the same global village, in the same time and space where history and reality meet, and their interests blend and they share the same safety and security. No country can be immune to it, and no country can win the world. Cooperation and win-win is an inevitable choice. Adhering to win-win cooperation and building a cooperative community are the basic requirements for building a community of human destiny.

　　Since the end of the Second World War, the successful experience of mankind in resolving differences of interest through cooperation shows that cooperation has become a rational choice for all countries in the world. China, which has established multi-level, wide-ranging and all-round cooperative relations with other countries in the world, adheres to the belief that cooperation is the only correct choice to realize interests, advocates and actively promotes the building of a community of human destiny, and is committed to promoting the sublimation of cooperative relations between countries. At present, the cloud of the international financial crisis has not dispersed, local wars and conflicts have occurred from time to time, and non-traditional security threats such as terrorism, refugee crisis and climate change have continued to spread. Faced with these problems, if we raise the banner of protectionism and pursue a narrow strategy of self-protection, we will inevitably lead to accumulated contradictions and deepening crises, and ultimately endanger the overall situation of world peace and development.

　　Practice has proved that as long as all countries in the world hold high the banner of win-win cooperation, uphold the win-win thinking that "everyone is really good", take into account the development demands of other countries when pursuing their own interests, and promote the common development of all countries in their own development, we can build a community of human destiny on the basis of establishing a more equal and balanced new global development partnership.

　　(The author is Han Qingxiang, Secretary General of Socialism with Chinese characteristics Theoretical System Research Center of the Central Party School)

　　Buy snacks but "give away" bugs? It really makes people feel bad. Recently, three squirrels of "online celebrity Snacks" brand once again lit up the "red light" of food safety. Many consumers have exposed on the Internet that the nuts of three squirrels are moldy, eating insects, rotten labels and other foreign bodies. According to industry insiders, the three squirrels ate foreign bodies, indicating that food safety was not well controlled, and food safety also affected its IPO process. And "OEM" is one of the reasons for frequent food safety.

　　Moldy, bug, rotten label "Three Squirrels" was spit out again.

　　"Eating almonds has actually eaten super disgusting bugs." Ms. Liu, a citizen, reported that there was a melon-seed-sized black bug on the "three squirrels" almonds she recently bought from Tmall. According to the shelf life displayed on the back of the packaging bag, this bag of almonds will not expire for half a year. The customer service of "Three Squirrels" replied to her that almonds did attract insects during the growth process, because the hard shell could not be screened, and there was really no way to ensure that it would not happen again.

　　The Yangzi Evening News reporter learned that similar experiences are not accidental. Weibo, a reporter from Yangzi Evening News, found that the "three squirrels" ate a lot of bugs, cockroaches, moldy and rotten labels. On various complaint platforms, the reporter also saw many complaints about product deterioration and eating foreign objects. Ms. Wu, a citizen of Nanjing, said that she and her boyfriend ate the melon seeds and dried mangoes of the "three squirrels" together last year. After eating, both of them had diarrhea, and their friends also took photos of a complete bug lying on the happy shell in a circle of friends.

　　Ms. Lu is a loyal fan of "Three Squirrels", and she keeps stock all the year round as an office snack. But after eating the worm, she was deeply shocked and disappointed: "I won’t buy it again."

　　The Yangzi Evening News reporter called the official hotline of "Three Squirrels" in response to the recent public complaints. The customer service categorically denied the quality problems of the company’s products and expressed doubts about the authenticity of the reporter’s interview. "We have strict control over food safety and have been tested by many parties." The customer service said that there is no real and accurate evidence to prove that there is a problem with the product quality. After all, the "pistachio" of "Three Squirrels" won the "Excellent Quality Award for Responsible Consumption" in 2018 at the 5th Responsible Consumption Summit Forum held by Consumer Reports Magazine not long ago.

　　Food safety problems occur frequently.

　　The industry said that the OEM model is the main reason.

　　The Yangzi Evening News reporter learned that it is not the first time that "three squirrels" have food safety problems. In August, 2017, china food and drug administration released three batches of unqualified foods. The unqualified items of pistachios of "Three Squirrels" were 1.8 times higher than the national standards. The "Three Squirrels" were also found to have exceeded the standard in sodium, sodium cyclamate, non-food raw materials and illegally added pigments.

　　Since 2017, the "three squirrels" have failed to land in the capital market three times. The industry believes that food safety is one of the stumbling blocks on its listing. China food industry analysts said that the "Three Squirrels" took the OEM mode, and most of the foundries were small enterprises, so the configuration of quality inspection and control was relatively low. In addition, the cost of "three squirrels" to these foundries is relatively low, so that less investment is made in food safety, which directly leads to frequent quality problems of products.

　　Meng Huixin, assistant analyst of the Legal Rights Department of the Research Center of Net Economy-E-Commerce, said in an interview with the reporter of Yangzi Evening News that the "three squirrels" ate worms in dried fruit food, indicating that it was not up to standard in a certain link such as the selection and processing of food raw materials, and its food safety was questionable. At present, most of the products of "Three Squirrels" are produced by foundries. Although this model makes up for the imperfection of its own industrial chain, it also has many disadvantages because of its excessive dependence on foundries. Especially in food safety control, if the supplier control and product ex-factory inspection are not done well, even if the selected foundry fails to meet the standards, the risk of food safety problems will be increased to a certain extent.

　　Lawyer Ma Ce, the co-founder of Zhejiang Kenting Law Firm, said in an interview with Yangzi Evening News reporter that if the "three squirrels" did sell unqualified food such as moldy food and worms to consumers, consumers would have the right to claim compensation for the losses in case of personal injury to consumers. Even if it may not be damaged, consumers can claim compensation of 10 times the purchase price of food from the platform and the brand.

　　Yangzi Evening News/Yangyan reporter Li Chong Xu Jing Intern Guo Meihong

　　Under the influence of the steady growth policy and the bank’s quarter-end impulse, both corporate and residential sector financing strengthened in June, driving the scale of new RMB loans and social financing to grow beyond expectations.

　　According to the latest data released by the People’s Bank of China on July 11th, RMB loans increased by 3.05 trillion yuan in June, up by 229.6 billion yuan year-on-year, and social financing increased by 4.22 trillion yuan, down by 985.9 billion yuan year-on-year, still better than market expectations. The social financing stock increased by 9.0% year-on-year, down by 0.5 percentage point from the end of last month.

　　For the unexpected financial data in June, the market tends to think that it should be treated rationally.

　　It can be seen that by the end of June, the year-on-year growth rates of M1 and M2 were 3.1% and 11.3%, respectively, down by 1.6 percentage points and 0.3 percentage points from the previous month, and the scissors difference of "M1-M2" was -8.2%, further expanding from -6.9% in May, indicating that the degree of currency activation still needs to be improved.

　　Why did residents’ loans increase more?

　　Corporate loans are still the main force of new credit in June, but the market is more concerned about the unexpected recovery of residential loans. Data show that in June, new residential loans reached 963.9 billion yuan, an increase of 115.7 billion yuan year-on-year, of which short-term loans and medium-and long-term loans increased by 63.2 billion yuan and 46.3 billion yuan respectively.

　　Under the background that the real estate sales data has not improved, the market tends to think that the early repayment of loans is an important reason.

　　The team of Zheshang Securities Bank believes that residents’ short-term loans increased by 63.2 billion yuan year-on-year in June, reflecting the continuous repair of residents’ consumption and the increase in consumer loans by banks; Residents’ medium and long-term loans increased by 46.3 billion yuan year-on-year, which deviated from the weak real estate sales in June and exceeded market expectations. There are two main factors behind the judgment that the increase of residents’ medium and long-term loans exceeds expectations: the early repayment of loans eased in June, and the year-on-year decline of medium and long-term loans supporting residents’ consumption narrowed or even increased year-on-year (medium and long-term consumer loans were mainly mortgages); Banks have increased the supply of medium and long-term loans in residential business to fill the mortgage gap. Since January 2023, medium and long-term loans in residential business have continued to increase year-on-year.

　　"The downward trend of loan interest rate boosted residents’ short-term loans by 63.2 billion yuan year-on-year, which is in line with the current moderate recovery of consumption; In June, when the sales of commercial housing were sluggish year-on-year, the medium-and long-term loans of residents, mainly composed of mortgages, unexpectedly increased by 46.3 billion — — We analyze that this may be related to the reduction in the down payment ratio of home purchases in some areas, and in the context of increasing credit supply, banks concentrated on issuing mortgage loans before the end of June. " Oriental Jincheng pointed out.

　　In terms of social financing, social financing increased by 4.22 trillion yuan in June, a year-on-year decrease of 985.9 billion yuan. Structurally, government bonds were mainly affected by the high base, and the year-on-year increase was less than one trillion yuan.

　　"On the whole, the social financing data in June this year, especially the credit data, exceeded expectations, which made the RMB credit increase more than last year’s high base. Even so, the high base of social financing last year was the result of the high base of credit and the high base of centralized issuance of government bonds. In June this year, the issuance of government bonds was relatively stable, making the overall social financing data nearly 1 trillion yuan lower than that of the same period last year, and the growth rate of social financing scale balance further dropped to 9.0%, a record low. The monthly data can be said to be not bad, but what needs to be vigilant is whether the downward trend of social growth will continue. " CICC pointed out.

　　How to follow-up credit and social financing?

　　In the context of the unexpected credit growth and structural improvement, the market pays special attention to the subsequent credit and social financing trends and policy trends.

　　The macro team of Everbright Securities believes that overall, the remarkable recovery of corporate credit in June indicates that the effect of interest rate cuts has begun to appear. Looking ahead, the year-on-year growth rate of social financing stocks may have bottomed out, and it is expected to rebound rapidly in July-August. On the one hand, the peak of local debt issuance will be ushered in July-August this year. After experiencing a sharp decline in May-June, the growth rate of social financing stocks is expected to stabilize quickly in July-August; On the other hand, after the interest rate cut, a package of steady growth policies is being introduced intensively, which continues to promote the improvement of credit willingness of enterprises and residents.

　　The fixed income team of Huatai Securities pointed out that the financial data in June should be treated rationally. On the one hand, the unexpected credit has seasonal disturbances such as the end of the season, and the sustainability of residential mortgage loan repair needs to be observed and there are doubts. On the other hand, the current economy as a whole is still in a weak recovery path, the consumption cycle continues to improve, and infrastructure investment such as water conservancy and electric power in the first half of the year is also remarkable. From this point of view, the market’s previous expectations for credit growth may be low. In the first half of the year, credit increased by 2.02 trillion yuan year-on-year, basically completing the annual task. In the second half of the year, government bonds entered a low base, and the growth rate of social financing also had some support. It is expected that the general tone of the central bank’s credit policy is still "moderate total amount and steady pace", credit growth is more determined by market-oriented mechanism, and credit line management may continue to weaken. In the third and fourth quarters, the probability of credit social integration will increase year-on-year, but the magnitude is not expected to be large.

　　Dongfang Jincheng predicted that under the prospect that the price level is expected to remain at a moderate level in the second half of the year, if it is necessary to further strengthen the policy of steady growth, there will be some room for interest rate cuts and RRR cuts. Focusing on creating a favorable monetary and financial environment for economic recovery, it is expected that financial data will continue to run at a high level in the third quarter. To this end, the regulatory authorities will supplement the medium and long-term liquidity of the banking system in a timely manner and support banks to increase credit supply through timely RRR reduction and continuous increase in MLF. In addition, the financing cost of the real economy will continue to decline steadily in the third quarter. In addition, the support of monetary policy for the real estate industry will be further increased in the second half of the year. On the basis of continuing to implement the special loan support plan for Baojiaolou, the possibility of increasing the quota in the third quarter or even launching new targeted support tools will not be ruled out. The overall goal is to effectively guide the residents’ mortgage interest rate to decline rapidly, and then drive the real estate industry to achieve a soft landing as soon as possible.

　　News background:　

　　Recently, there was a news in the programmer world that someone launched a project called "996.ICU" on the well-known code hosting platform GitHub to resist the "996" working system. This move was immediately responded by a large number of programmers. The so-called "996" refers to working from 9 am to 9 pm every day, working 6 days a week; "996.ICU" means "Work 996, sick ICU (Intensive Care Unit)".

　　"996"-The unbearable burden for young people

　　For Internet companies, "996" is nothing new. Not long ago, an e-commerce company advocated "996" and "persuading divorce" in a high-profile way, which triggered a frenzy of public criticism and unveiled the chaos of employment in the industry. Moreover, the "996" working mode is only one kind, and there are also popular working modes such as "247", "white plus black" and "5+2" in the workplace, all of which are extremely long overtime and high-intensity work, and even some companies compare overtime hours with each other and take pride in overtime culture. [detailed]

　　Undoubtedly, every generation and everyone has their own pressure, which comes from society, family and themselves. As the saying goes, "People are light without pressure." Everyone’s growth and progress really need some pressure, and in the process of resolving the pressure, they can constantly break through themselves and move towards a higher stage of life. However, stress also depends on whether it is positive motivation or anxiety, and whether it exceeds the burden of young people to some extent. If the pressure loses its positive incentive function and is beyond the tolerance of young people, young people will inevitably lose their spirit and vitality and become depressed. [detailed]　

　　Don’t let the unique phenomenon spread to more industries

　　Some media said that China society is entering an era of "explosion" of young people’s pressure. In 2018, CBN Weekly released the Report on the Survey of Urban People’s Stress. The results showed that 30.24% of the respondents felt stress several times a day, while 43.3% thought that the pressure they were under was too great for them to eat. In addition, a survey conducted by the China Academy of Social Sciences shows that in 2017, the average leisure time in Chinese was only 2.27 hours, and the average leisure time in the United States, German and other countries was more than twice that in Chinese. In addition, statistics show that the incidence of depression and sudden death in China is increasing year by year. Under pressure, some people will suddenly collapse because of a small matter, and some people will "work 996 and get sick in ICU". Although there are only a few cases, this phenomenon can not be ignored and may continue to intensify, and we must find ways to curb it. [detailed]

　　In the legal sense, the legitimacy of the "996" work system is obviously in doubt. It directly converts overtime work into normal working hours for employees, and even wraps this mechanism with words, giving it some cultural and moral colors. For example, those who are willing to accept are regarded as active, enterprising and have dreams, while those who are not active in cooperation may be reprimanded as greedy for comfort and muddling along. In this context, it is almost impossible for individuals to say "no" to this mechanism. It is said that if you don’t accept the 996 working system, you can jump to other industries. Not to mention that this statement avoids the legitimacy of employees’ rights protection, and also ignores that today’s "996" work system is not only a unique phenomenon of Internet startups, but is spreading to more industries. This phenomenon should inspire the labor inspection department to pay more attention and intervention. [detailed]

　　Sacrificing the development of employees can’t meet the future of the industry

　　The initial stage and development stage of an industry can be fought by biting one’s teeth, but the development at the expense of employees’ normal life and rest time is unsustainable, which not only lays hidden dangers for employees’ health, but also cannot usher in the future of an industry. Some critics say: Programmers are drained before they are 30 years old. "Go to work 996, sick ICU", although it is ridicule, is enough to alert related companies. Only work and no life, in such a state, even if employees have high salaries, where does happiness come from? The "996" working system should not be the norm in any industry, not only Internet enterprises. [detailed]

　　Overtime is the norm and no overtime pay is given. Whether it is beautified into corporate culture or dedicated, the essence behind it is that the boss is playing the wishful thinking of saving costs and squeezing employees. On the issue of labor rights protection, trade union organizations at all levels and labor rights protection departments should take action when it is time to do so. This is the responsibility, the inevitable requirement of regulating the market, and the proper meaning of governing the country according to law. From a broader perspective, China’s economy has shifted from a high-speed growth stage to a high-quality development stage. High-quality development involves not only ecological protection, but also people-oriented. [detailed]

　　Speak with great justice:　

　　@ Eternal Land, the sea is dry and the rocks are rotten: It doesn’t matter if you work overtime, as long as you pay overtime.

　　@ Name a name that is hard to find: "996" or "867"?

　　@ 京京京京: Not only programmers, but many positions are like this. Who is not tired?

　　@ 丫丫丫丫丫丫丫丫: Civil engineering is "007" …

　　Editor’s Note of Economic Daily-China Economic Net:　

　　In fact,existUnder the "996" working condition, employees are likely to reduce their work efficiency because they can’t get enough rest time. The "996" working system is essentially "forced overtime". In the increasingly perfect market competition and diversified employment choices, any enterprise and even industry can’t do without talent reserve and management. If some enterprises and industries can’t fully realize the importance of employees, achieve people-oriented, and still squeeze employees and sacrifice employees at the cost of development, then even if they have a large scale of operation, they can’t guarantee to retain talents continuously.

　　Review: Hot comments on previous "classics"　

　　CCTV News:Recently, many departments disclosed a number of economic-related data. What kind of economic situation is revealed behind the figures? Understand the development trend by interpreting the data.

　　In the first quarter, the electricity consumption of 31 provinces in China increased positively.

　　Social electricity consumption is an indicator that can reflect the activity of production and life. According to the latest statistics of China Electric Power Enterprise Federation, in the first quarter, the electricity consumption of the whole society in the eastern, central, western and northeastern regions of China increased by 10.0%, 9.0%, 10.4% and 5.9% respectively. All provinces in China have positive growth in electricity consumption, among which the growth rate of electricity consumption in the east and west is leading.

　　High-tech industries achieve double-digit growth in electricity consumption.

　　From the perspective of industry, in the first quarter, the electricity consumption of high-tech and equipment manufacturing industry increased by 14.5% year-on-year, which was 7.1 percentage points higher than the average growth level of manufacturing industry, and the electricity consumption showed an obvious increase.

　　Electricity consumption of Internet data services increased by 33.4% year-on-year.

　　The electricity consumption of the tertiary industry increased by 14.3% year-on-year, and the growth rate was 10.3 percentage points higher than that of the same period in 2023. Big data and "cloud computing" have developed rapidly, and the electricity consumption of Internet data services has increased rapidly, with a year-on-year increase of 33.4%. At the same time, with the vigorous development of electric vehicles in China, the electricity consumption of China’s charging and replacing service industry has increased substantially, with a year-on-year growth rate of 70.1%.

　　Demand for people’s livelihood consumer logistics maintained rapid growth.

　　From the perspective of people’s livelihood consumption, in the first quarter, the total logistics volume of units and residents’ goods increased by 11.6% year-on-year, and the growth rate increased by 5.7 percentage points over the same period of last year. From the perspective of products, the demand for upgraded people’s livelihood consumption logistics continued to be released, and the demand for retail logistics of sports and entertainment products and communication equipment increased by more than 10% year-on-year.

　　In the first quarter, the total social logistics in China increased by 5.9% year-on-year, which made a good start.

　　China Federation of Logistics and Purchasing announced on April 29th that in the first quarter of 2024, the total social logistics in China was 88 trillion yuan, up by 5.9% year-on-year, and the growth rate was 0.5 percentage points higher than that in the fourth quarter of last year and 2 percentage points higher than that in the same period of last year. The total amount of social logistics has continued the upward trend since last year, and the overall recovery level has risen steadily.

　　In the first quarter, China cultural enterprises realized operating income exceeding 3 trillion yuan.

　　According to the data released by the National Bureau of Statistics on April 29th, in the first quarter, the operating income of cultural and related industrial enterprises above designated size nationwide reached 3,105.7 billion yuan, an increase of 8.5% over the same period of last year. The total profit was 211.6 billion yuan, an increase of 5.8% over the same period of last year. The development of cultural enterprises has made a good start.

　China shipbuilding enterprises win the world’s largest single shipbuilding order.

　　On April 29th, China Shipping Group and Qatar Energy Group signed 18 orders for the world’s largest 271,000 cubic meters super-large liquefied natural gas (LNG) carriers, which became the largest single shipbuilding order in the world at present, marking that China’s R&D and design capability of high-end ships has moved towards the world leading goal.

　　The dynamic ignition test of liquid rocket with maximum thrust in China was a complete success.

　　The 130-ton liquid oxygen kerosene rocket engine independently developed by China completed the ignition test of four engines in parallel on April 28th, and the total thrust of the engine exceeded 500 tons. This is an engine ignition test with the largest thrust and the most complicated system in the history of liquid rocket power development in China, which provides support for the subsequent development and first flight of new rockets in China.

　　The completion rate of comprehensive three-dimensional traffic network in China is about 90%

　　On April 29, the Ministry of Transport held a press conference, and the relevant person in charge said that China is accelerating the construction of a national comprehensive three-dimensional transportation network. At present, the spatial layout of the main skeleton has been basically completed.

　　The main skeleton of the national comprehensive three-dimensional traffic network can be summarized as "6 axes, 7 corridors and 8 channels", that is, 6 main axes, 7 corridors and 8 channels.

　　"Six axes" include Beijing-Tianjin-Hebei — Yangtze River Delta Spindle, Beijing-Tianjin-Hebei — Main axis of Guangdong, Hong Kong and Macao, Beijing-Tianjin-Hebei — Chengdu-Chongqing main axis, Yangtze River Delta — Main axis of Guangdong, Hong Kong and Macao, Yangtze River Delta — Chengdu-Chongqing main axis, Guangdong, Hong Kong and Macao — Chengdu-Chongqing spindle and other 6 spindles.

　　"Corridor 7" includes seven corridors, including Jingha Corridor, Beijing-Tibet Corridor, Continental Bridge Corridor, Western Land-sea Corridor, Shanghai-Kunming Corridor, Chengyu-Kunming Corridor and Guangkun Corridor.

　　The "eight channels" include Suiman channel, Jingyan channel, border channel, Fuyin channel, Erzhan channel, Sichuan-Tibet channel, Xianggui channel and Xiamen-Chengdu channel.

　　"6-axis, 7-corridor and 8-channel" is the most critical trunk line and main channel in the national comprehensive three-dimensional transportation network, and it is the main axis of China’s land space development and the aorta of the national economic cycle.

　　In the next step, the Ministry of Transport will jointly issue the "Main Skeleton Route Plan" with relevant departments to coordinate the protection of resource elements such as land, sea and forest. At the same time, in the implementation of the five-year plan and the annual investment plan, priority will be given to the main skeleton construction projects, and efforts will be made to take the lead in building 1-mdash; 2 demonstration channels.

　　Launching of Shield Machine for Pilotage High-speed Railway Tunnel

　　On April 29th, the shield machine of high-speed railway tunnel, which is independently developed by China and has the largest diameter in the world at present — — The "Pilot" was successfully launched, and the construction of Chongtai Yangtze River Tunnel ushered in a new stage.

　　At 11 o’clock in the morning, at the construction site of Wan ‘an Village, Chongming, Shanghai, at the mouth of the Yangtze River, the "Pilotage" shield machine officially started its journey across the river. This shield machine has a total length of 128 meters and a total weight of about 4,000 tons. It will start from Chongming, dig more than 10,000 meters alone, cross the Yangtze River Knife and Crucian Carp Protection Zone, the main channel and other environmentally sensitive areas, and reach Taicang, Jiangsu.

　　It is understood that Chongtai Yangtze River Tunnel is the control project of Shanghai-Chongqing-Chengdu High-speed Railway, with a total length of 14.25 kilometers. It is the river-crossing tunnel project with the longest single-headed excavation distance and the largest shield diameter of railway tunnel in the world. The speed of high-speed rail crossing the river will be 350 kilometers per hour, which will become a new fast-track connecting Shanghai, Nanjing and Hefei metropolitan areas.

　　The latest monthly and quarterly data of "CCTV Financial Street Economic Prosperity Index" was released.

　　On April 29th, the latest monthly and quarterly data of the economic prosperity index of CCTV Financial Street was released for the first time.

　　The "CCTV Financial Street Economic Prosperity Index" was first released in March 2024, with an index of 109.89 points, up 9.4% year-on-year and 3.8% quarter-on-quarter, indicating that off-balance-sheet financing and direct financing in the financial market have improved significantly, and most financial practitioners are optimistic about the future economic prosperity.

　　Fu Lin, deputy dean of the School of Economics of the Central University of Finance and Economics, said that the economic prosperity index of CCTV Financial Street was significantly higher than that of our threshold in March, and I kept rising for three consecutive months, which fully showed that with the continuous release of the macro-combination policy effect, the endogenous kinetic energy of China’s economy was accelerating and the market confidence was constantly boosted.

　　The index of the first quarter of 2024 released for the first time was 106.54, up 3.5% year-on-year and 2.3% quarter-on-quarter, indicating that the economic boom in the beginning of 2024 recovered rapidly and the investment structure and credit structure continued to be optimized.

　　It is particularly noteworthy that 1-mdash; In March, manufacturing investment increased by 9.9%, and the growth rate accelerated by 0.5 percentage points. The two indicators of "technology and finance" and "Digital Finance" increased significantly, with year-on-year growth rates of 5.3% and 4.6%. Under the guidance of accelerating the cultivation of new quality productivity, the technological transformation and equipment renewal of enterprises have promoted the manufacturing investment to maintain a high level of growth.

　　It is understood that the "CCTV Financial Street Economic Prosperity Index" is supported by the School of Economics of the Central University of Finance and Economics, and a number of secondary indicators have been set up around the "five major articles" proposed by the Central Financial Work Conference, focusing on scientific and technological innovation, green transformation, universal benefits, pension industry, digital economy and other fields. From the perspective of financial practitioners, based on economic confidence, market expectations, risk management and other aspects, it provides financial index services that can be used for reference for high-quality economic development.

　　Since 2023, 394,000 veterans have reached employment intentions.

　　The reporter learned from the press conference held by the Department of Veterans Affairs on April 29th that since 2023, a total of 11,500 job fairs have been held for veterans nationwide, and 394,000 veterans have reached employment intentions, up by 7.4% year-on-year, and the employment channels and scale have been continuously expanded.

　　Since 2023, 11,500 job fairs have been held throughout the country through the annual employment service special action, private enterprise service month, golden autumn recruitment month and other activities, providing about 7.067 million job information, and 394,000 retired soldiers have reached employment intentions. The Department of Veterans Affairs also held the signing ceremony for the fourth batch of ministries and enterprises, and cooperated with 69 central enterprises, state-owned enterprises and private enterprises. The contracted enterprises provided 264,000 exclusive posts for veterans according to the agreement.

　　With the first batch of retired soldiers returning to the local area in the spring, the employment recruitment service activities in 2024 entered the first peak period. Since the beginning of April, Gansu, Inner Mongolia, Hubei, Tianjin and other places have been organizing special recruitment activities for veterans.

　　In the WeChat circle of friends, many people have long been accustomed to Wechat business’s advertisements for various "exotic" products. In order to bring the goods, they may even attach photos of handsome guys and beautiful women to attract attention. However, have you ever seen "Wechat business" who only takes selfies, but is vague about the products he sells?

　　The fight brought out an "extra-case case". Where did her money come from with high consumption but no job?

　　In mid-October, 2019, a fight broke out in a bar in Rui ‘an, Zhejiang Province. Three men were injured after drinking because of trivial matters. When they were taken by the police to the police station for verification, in the WeChat of one of the suspects, a circle of friends that looked no different from Wechat business’s advertisement caught the attention of the police: selfies of various shapes, unintelligible emoticons, and a copy of "lightning delivery".

　　Although it is a common expression such as leaves, pills and balloons, similar friends circle is often sent out late at night and will be deleted soon. According to experience, these specific icons often represent that they are selling contraband.

　　The suspect confessed that the publisher of this information was a young girl he met in a bar not long ago — — Yu. Yu is a local, but she lives in a hotel all the year round. There are many young unemployed girls living in the hotel with her. Yu sleeps in the hotel during the day and hangs out in major bars in the dark.

　　Yu, who graduated from junior high school, used to earn money by dancing in bars. Soon, she found a way to get money faster. Yu is beautiful, and she has accumulated contacts in the bar earlier, and people often come to chat with her. Encouraged by her colleagues, she decided to take advantage of this to attract customers and recommend something to bar regulars that would make them more "hi".

　　When the police tracked Yu, they witnessed a deal: Yu first met a man in black downstairs in the hotel, and then a man in white took the man in black to another hotel. The man in white handed a bag of things to the man in black in the lobby, and the two parted ways. The police immediately stopped the man in black to ask him what he had just taken in the hotel. The man in black insisted that he only bought two "cigarettes", and the police did only find two "cigarettes" from the man in black.

　　However, on closer inspection, the shape of these two "cigarettes" proves that things are not so simple.

　　Paying off the loan by drug trafficking, eating, drinking and having fun, they said, "People can’t have too much money anyway."

　　Different from ordinary cigarettes, the two seized "cigarettes" are knotted at the top. After being disassembled, it will be found that the filter tip has been removed, only the bottom is filled with normal tobacco, and the rest are green tobacco. It has been identified that green tobacco contains heroin and methamphetamine.

　　It is such a "cigarette" with the purchase price of 120 yuan and the retail price of 500 yuan. The "leaf" expression released by Yu in the circle of friends has finally been solved.

　　Cigarettes, milk tea, coffee, candy … … Drugs are disguised as various "foods" by drug dealers in every way, which is not only convenient for trading, but also makes people who come into contact for the first time put down their vigilance and believe that they are just ordinary things that can mobilize their emotions in the mouth of drug dealers, and they have become addicted to drugs without knowing it.

　　Tracing back to Yu, the police found Zhao, who was in charge of purchasing goods, a marketer in a bar to attract customers. The first time Zhao came into contact with "Leaves" was at a friend’s party. Zou was Zhao’s girlfriend’s boyfriend and also attended the party. Out of curiosity, Zou tried one. Although he realized afterwards that "leaves" were drugs, he still discussed drug trafficking with Zhao.

　　Zou and Zhao usually live a life of eating, drinking and having fun. Zou even owes an online loan. They don’t want to let go of this opportunity to make quick money easily. They are lucky enough to get in touch with the family who sells "leaves" to their friends, and also pull Yu into the partnership.

　　Pretending to be a "drug dealer", the police successfully found out Zhao’s last family, Yang. Yang owed debts because he was not good at running a tattoo shop. He also met people who smoked "leaves" in bars and regarded drug trafficking as a "way to make money".

　　Different from drug trafficking, which is mostly underground crime in the past, the forms of drugs are also "varied" in the increasing crackdown, and the target has begun to turn to teenagers hanging out in bars and other social places.

　　Yu said that after dropping out of junior high school, he began to muddle along. Besides sleeping, he was a bar, and so were his friends around him. He was used to a decadent life and unconsciously took the road of life.

　　Six people including Yu, Zhao, Zou and Yang were arrested one after another. Who is Yang’s family? How many floors do they have to go home? Where does "cut tobacco" come from? The case is still under further investigation.

　　　　　　 CCTV News:On November 2nd, local time, US Secretary of State Pompeo and Finance Minister Mnuchin jointly issued a statement announcing that sanctions on Iranian energy and banking will be restarted on the 5th of this month. This is the second batch of sanctions against Iraq restarted after the United States announced its withdrawal from the comprehensive agreement on the Iranian nuclear issue in May this year. At that time, the United States will fully resume the sanctions against Iraq lifted by the Iranian nuclear deal.

　　　　　　 US Secretary of State Pompeo said that the latest targets of sanctions will include Iran’s energy, shipbuilding, transportation and financial industries, and the US will impose sanctions on countries and enterprises that continue to buy Iranian oil and do business with blacklisted Iranian companies from November 5.

　　　　　　 Pompeo said that eight countries or regions will be granted temporary exemptions and can continue to purchase Iranian petroleum products, because they have greatly reduced Iranian crude oil imports, and the United States will give them more time to achieve "zero imports". The United States will ensure that this part of the Iranian government’s income from petroleum products can only be used for humanitarian procurement and non-sanction trade. According to foreign media reports, the eight exempted countries and regions may include Japan, South Korea, India and Turkey, and the US will announce the full list on November 5th.

　　　　　　 In addition, Pompeo also listed 12 requirements that need to be met in order to lift the sanctions against Iran, including "stopping the financing of terrorism, stopping military operations in Syria, and stopping the research and development of ballistic missiles" and so on.

　　　　　　 After announcing its withdrawal from the Iranian nuclear comprehensive agreement in May this year, the White House announced on August 6 that it would restart a series of sanctions on Iran’s finance, metals, minerals, automobiles and other non-energy fields from August 7. Sanctions will involve the Iranian government’s purchase of precious metals such as dollars and gold, industrial graphite, steel, aluminum, coal and software, transactions related to Iranian currency, activities related to the issuance of sovereign debt by the Iranian government, and the Iranian automobile industry.

　　　　　　 Up to now, the U.S. government has imposed 19 rounds of sanctions on Iran in 168 fields. On November 5th, the U.S. Treasury Department will publish a list of more than 700 individual units that have been sanctioned, including more than 300 new targets in addition to those that have been lifted by the the Iranian nuclear deal.

　　　　　　 According to Reuters, Turkey and Iraq have received confirmation that they can be exempted from the US sanctions against Iran.

　　　　　　 Turkish Energy Minister Donmez No.2 said that Turkey has received the exemption confirmation from the United States and can continue to import oil from Iran for the time being. An Iraqi official also said on the same day that he had received permission from the United States to continue to import key energy and food materials from Iran as long as he did not pay dollars to Iran. In addition, according to a source, India and South Korea are also on the exemption list of the United States.

　　　　　　 [Response] Iran called the new round of sanctions "not worth mentioning"

　　　　　　 After the United States announced that it would fully resume sanctions against Iran, US President Trump said that sanctions against Iran are beginning and Iran will be hit hard. In this regard, Iranian Foreign Ministry spokesman No.2 said that Iran is not worried about the new sanctions against the United States because the United States will not be able to implement sanctions against Iran. The spokesman also said that under the sanctions of the United States, Iran also has the ability to manage economic affairs well.

　　　　　　 Iranian Foreign Ministry spokesman Ghasemi told national television on the same day that "the United States will not be able to take any effective measures against Iran, and Iran has the knowledge and ability to manage national economic affairs." He also said that "through these sanctions, the United States can achieve its economic goals. The possibility is very small, and it is impossible to achieve its political goals through such sanctions."

　　　　　　 In response to the announcement by the United States that it will exempt eight countries and regions that import oil from Iran, Cadol, deputy minister of Iranian Oil Ministry, said that the exemption shows that "the oil market needs Iran, and Iran cannot completely withdraw".

　　　　　　 In May this year, the United States announced its withdrawal from the Iranian nuclear deal, and since then, it has repeatedly imposed sanctions on Iran. The State Council announced in June that it would ask countries to stop importing Iranian oil in November, otherwise relevant countries and enterprises would face economic sanctions.

　　　　　　 [Impact] Rising prices have affected people’s lives

　　　　　　 Since the US sanctions started in August this year, the Iranian currency, the Iranian rial, has depreciated sharply, which has greatly affected people’s lives. After the US sanctions were launched, the Iranian rial fell to an all-time low against the US dollar. In the local unofficial market, the currency depreciation once exceeded three times. As a result, residents’ savings have shrunk and prices have risen rapidly. When the reporter interviewed in Tehran, the capital of Iran, many people said that the cost of living has increased and life is getting worse.

　　　　　　 The Iranian people say that they simply don’t believe the US government’s statement that "the purpose of sanctions is only to put pressure on the Iranian government", because it is the people who suffer. The local people told reporters that although the Iranian country and people are suffering, they are not afraid and will not bow to hegemony. On the contrary, the United States is losing its international credibility in this sanctions.

　　　　　　 [Statement] European countries deeply regret the US decision.

　　　　　　 In response to the United States’ announcement of a comprehensive resumption of sanctions against Iran, the EU, France, Germany and Britain said in a joint statement that they deeply regret the decision of the United States.

　　　　　　 Mogherini, the European Union’s High Representative for Foreign Affairs and Security Policy, and the finance ministers of France, Germany and Britain said that they would protect European economic entities that have legitimate business dealings with Iran under the European legal framework and UN Security Council Resolution 2231.

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Apple’s annual flagship mobile phone iPhone attracts a lot of attention every year. Recently, some media reported that Apple is about to launch a new generation of iPhone 16 Pro and iPhone 16 Pro Max, and revealed some details. Now, overseas sources have further revealed the image upgrade of iPhone 16 Pro Max. According to the latest news, the new iPhone 16 Pro Max will be built. …

[data]

In October, the total retail sales of social consumer goods was 4,045.4 billion yuan, a year-on-year increase of 4.9%.

In October, the total retail sales of social consumer goods was 4,045.4 billion yuan, a year-on-year increase of 4.9%; It increased by 9.4% compared with October 2019, with an average growth rate of 4.6% in two years. Among them, the retail sales of consumer goods other than automobiles reached 3,705.7 billion yuan, up 6.7%.

From January to October, the total retail sales of social consumer goods was 35,851.1 billion yuan, up 14.9% year-on-year, up 8.1% from January to October 2019. Among them, the retail sales of consumer goods other than automobiles reached 32,312.8 billion yuan, a year-on-year increase of 15.1%.

[epidemic prevention]

Beijing: Entertainment venues are open according to 75% flow restriction.

On November 17th, Beijing strictly controlled the management of entertainment places. To implement the requirements of "limited, reserved and peak-shifting", Beijing’s performance venues, entertainment venues, Internet service places and other entertainment venues will be opened according to 75% current restrictions. Do not accept people who have lived in the county (city, district, banner, the same below) where there is more than one case (including one case) infected with Covid-19 within 14 days, or who have lived in the county where the land border port is located within 14 days, and who have entered the country less than 21 days and have abnormal health code and unknown itinerary.

[Policy]

Shanghai will put on record the script killing in the Chamber of Secrets.

On November 17th, Shanghai Municipal Bureau of Culture and Tourism issued "Provisions on the Record Management of Script Killing in Shanghai Chamber of Secrets (Draft for Comment)", and Shanghai became the first city in China to include script killing in the record management. The opinion draft makes it clear that the script killing business unit in the Chamber of Secrets will become the "first responsible person" of the script content management, and must undertake the important task of ensuring the script content as the first pass.

[e-commerce]

JD.COM Double 12 Rule released: Continue to "Don’t Stay Up Late"

On November 17th, JD.COM Open Platform 12.12 theme activity investment rules were released. In 2021, JD.COM 12.12 is one of the A+ level marketing activities, and the overall promotion activity lasts for 7 days, inheriting the principle of "not staying up late", and will officially start at 20 o’clock on December 6th.

[new store]

Decathlon’s first national sports park flagship store will open in 2022.

Recently, it is reported that the first Decathlon project in China has been capped, the main structure has been completed, and the fa? ade is being installed. It is expected to be installed by the end of this year and will open in 2022.

The project is located in the west of Intercity Road in Suzhou High-tech Zone (600736, Guba) and south of IKEA, with a planned construction area of over 21,000 square meters. The project integrates consumption, leisure, fitness, sports and amusement, and will be built into Decathlon’s first flagship sports park in China. At the same time, Decathlon joined hands with Yinli Sports Group, the head brand of fitness industry, to build the largest fitness club in Suzhou, Suzhou.

WILLchá, a new tea species, opened its first store in Beijing Chaoyang Joy City (000031, Guba).

On November 12th, the first store of WILLchá officially opened in Beijing Chaoyang Joy City. The store has created a new format of "new tea experience space", which combines the business models of existing tea and retail.

Mango Super Media’s first store, MCITY Magic Capital station, was unveiled.

MCITY Magic station, a subsidiary of Mango Hypermedia, was officially launched in Mango Plaza, Xuhui District, Shanghai. This is the first immersive game experience hall derived from Mango TV’s "Star Detective" and "Escape from the Chamber of Secrets", with a building area of 5,000 square meters. It is also the first store in Shanghai that is completely legal and compliant in terms of fire protection, script guidance and copyright use.

Box Horse opens the first "Fresh Ole" in Shanghai.

On November 15th, Box Horse opened its first box horse fresh Ole store in Shanghai, with an area of about 480 square meters. The store is located on the first floor of Pudong Shopping Mall, No.333 Changli Road, Pudong New Area, and mainly sells discounted fresh food, which comes from the surplus goods ordered by Box Horse, rather than the off-shelf goods. At present, the second box horse fresh Ole store is planned to be located in Chengdu.

Homearch, a home furnishing brand owned by Alibaba, opened its first store nationwide.

-homearch, a home furnishing brand owned by Alibaba, opened its first store in the country in Zone B of Starlight 68 Plaza and officially opened its trial operation on November 19th. The store covers an area of 6,000 square meters, and the business area is divided into three floors, covering multiple home functional spaces and life inspiration scenes.

Official announcement! The fourth Sam member store in Suzhou landed in Wujiang.

Sam member store officially responded that a Sam member store will be opened in suzhou bay, Wujiang by the end of 2022. Up to now, there are three Sam member stores and three stores in Suzhou. Wujiang Sam will become the fourth Sam member store in Suzhou.

Nordic fashion brand Totême China Kaishou branch

Totême, a Nordic fashion brand, recently opened the first offline store in China in Taikooli, Qiantan, Shanghai, after the brand had settled in Tmall to open a flagship store.

Aerospace Wenchuang’s first space-themed restaurant in China opened on December 5.

China Aerospace Wenchuang "Aerospace Theme Self-help Parent-child Restaurant" will officially open on December 5th. Space Restaurant is located on the 2nd floor of Jin Yan City Plaza, Yanjiao Development Zone, Langfang, Hebei Province, with an area of over 2,000 square meters, which is divided into three areas: dining area, immersive role experience area and amusement area.

[closing shop]

A few words also closed the Beijing Wangfu Central Store. At present, more than 20 stores have been closed nationwide.

On November 10th, Yanji, located in the central part of Wangfu, Beijing, was closed again. So far, Yanji has only three stores in Beijing, which are located in Financial Street (000402, Guba), Chaoyang Official House and Wukesong. The eight stores in Beijing shown by official website have been closed for more than half. Compared with the 58 stores in official website, more than 20 stores have been closed.

Dicos Beijing store has been closed by half.

Dicos select store located in Panda Star Kitchen, Jing ‘an West Street, Chaoyang District, Beijing has been closed. Not only that, only 13 Dicos stores are open in Beijing. According to official website of Dicos, there were 36 Dicos restaurants in Beijing, and now there are 13 in Beijing, of which 2 are not yet open and 1 has been suspended.

[financing]

Tea brand future tea wave WILLCHA won Pre-A round of financing.

On November 16th, the new tea brand Beijing Qingnian Chaolu Tea Co., Ltd. (namely Future Tea Wave WILLCHA) won the Pre-A round of financing of Sanqi Mutual Entertainment (002555, Share Bar).

Future Tea Wave WILLCHA is a new tea brand focusing on "Healthy Fine Tea" and dedicated to inheriting and innovating China tea culture.

[enterprise]

Suning.cn: Bankruptcy rumors at the end of December are rumors.

On November 16th, Suning.cn (002024, Share Bar) official Weibo denied that "Suning.cn declared bankruptcy at the end of December" was a rumor, and the company was operating normally. In the first three quarters of this year, Suning.cn achieved operating income of 115.574 billion yuan, down 36.1% year-on-year. The net profit attributable to shareholders of listed companies was a loss of 7.568 billion yuan, down 1483.29% year-on-year. Deducting non-net profit was a loss of 9.215 billion yuan, down 813.38% year-on-year.

Louis Vuitton denied that he would open a duty-free shop in Sanya, Hainan.

Louis Vuitton recently denied Reuters’s report that it will open its first duty-free store in Haitang Bay, Sanya, Hainan, stressing that the brand will look for new market opportunities in Hainan, but it will not be related to duty-free franchise.

Chen Yihang resigned as CEO of Golden Eagle Trading Group.

On November 17th, Golden Eagle Trading Group Co., Ltd. announced that Chen Yihang had resigned as the CEO of the company, and Wang Heng, the executive director and chairman of the board of directors, had been appointed as the executive director, CEO and chairman of the board of directors, with effect from that day. Chen Yihang joined Golden Eagle Trading Group as CEO in April 2020.

Fangyuan Capital may acquire the business of Papa John and DQ in China.

It is reported that FountainVest Partners has agreed to acquire the controlling stake of China F&B Group from Swedish private equity giant EQT, which is the franchise store operator of Papa John’s and Dairy Queen in China, and manages about 140 Papa John’s pizza restaurants and 660 DQ in China. Negotiations to reach an agreement are under way, and it is uncertain whether it will be completed.

CR Vanguard’s new brand Su Guo MART plans to open 600 stores.

In December, Su Guo will open four Su Guo MART in Jianhu in Yancheng, Hongze in Huai ‘an, Xuzhou and Jingjiang, so as to rapidly promote the new brand exhibition plan. In the next five years, Su Guo will focus on the construction of base areas, speed up the layout of new outlets and open 600 new stores, focusing on hypermarkets and supermarkets. Su Guo MART is a brand-new brand created by CR Vanguard in 2019. In April this year, it opened its first Nanjing store in Yaohuamen Jindi Plaza.

Keep responds to IPO rumors: there is no timetable for IPO planning.

On November 18th, Keep responded to IPO rumors that there was no timetable for the IPO plan. Earlier, it was reported that Keep, a sports technology company, plans to submit listing application documents to the Hong Kong Stock Exchange in January 2022, and it is expected to complete the listing process as early as May.

L ‘Oré al double 11 live room price dispute, Li Jiaqi and Viya shouted to suspend cooperation.

On November 17th, Li Jiaqi and Viya successively announced that they would suspend all cooperation with the official flagship store of L ‘Oré al Paris because the price concessions of L ‘Oré al Paris ampoule mask in its live broadcast room were inconsistent with previous commitments. Subsequently, on November 18th, L ‘Oré al Paris official Weibo responded with an apology, and said that L ‘Oré al Paris would put forward a proper solution to the suggestions made by Li Jiaqi and Viya on this incident for all relevant consumers. People’s Daily commented that L ‘Oré al could not apologize.

On the 18th, L ‘Oré al gave a solution, and netizens commented differently.

Gome punishes employees for "fishing" and informs them to spread the network.

On November 16th, the Notice on Punishment for Violation of Employees’ Code of Conduct issued by Gome was circulated on the Internet. The document shows that during the period from August 30th to September 30th, Gome found that some employees played games, chatted and listened to songs during working hours. According to the company’s regulations, these 11 employees (including an outsourcing employee) were notified and punished accordingly, which attracted the attention of many people.

China Zhongmian: The Stock Exchange has reviewed the company’s H-share listing application and still needs to obtain approval.

China Zhongbao announced that the Hong Kong Stock Exchange held a listing hearing on November 16, 2021 to consider the company’s application for issuing overseas listed foreign shares (H shares) and listing them on the main board of the Hong Kong Stock Exchange.

The announcement clearly points out that the Listing Committee of the Hong Kong Stock Exchange has reviewed the company’s listing application, but it does not constitute a formal listing approval. The Hong Kong Stock Exchange still has the right to make further comments on the company’s listing application.

[Performance]

Wal-Mart (demand area: 8,000-10,000 square meters) earned $140.525 billion in the third quarter, up 4.3% year-on-year.

Wal-Mart announced its financial report for the third quarter of fiscal year 2022 as of October 31st. Revenue in the third quarter of this fiscal year was $140.525 billion, a year-on-year increase of 4.3%; The net profit of returning to the mother reached $3.105 billion, a year-on-year decrease of 39.5%. Revenue in the first three quarters was $419.883 billion, a year-on-year increase of 3.1%; The net profit of returning to the mother was $10.111 billion, a year-on-year decrease of 35.2%.

The sales of Wal-Mart’s Sam member stores increased by 13.9%, with a cumulative increase of 25% in two years. Membership income increased by 11.3%, which is the fifth consecutive quarter of double-digit growth.

The loss attributable to shareholders of Parkson Group in the first three quarters was 42.889 million yuan, a year-on-year decrease of 79.06.%

In the nine months ended September 30, 2021, Parkson Group achieved a total operating income of 3.528 billion yuan, up 13% year-on-year, and the loss attributable to shareholders was 42.889 million yuan, down 79.06% year-on-year. In the third quarter of 2021, same-store sales decreased by 11.3%. In the nine months ending September 30, 2021, same-store sales increased by 12.3%.

Macy’s sales in the third quarter were $5.44 billion, a year-on-year increase of 36.3%.

Macy’s sales in the third quarter of 2021 were $5.44 billion, a year-on-year increase of 36.3%. The net profit was $239 million, compared with a net loss of $91 million in the same period last year. Compared with 2020, self-owned sales increased by 37.2%, and self-owned and licensed sales increased by 35.6%; Online sales increased by 19% compared with the third quarter of 2020.

Target’s revenue in the third quarter rose 13% to $25.652 billion.

Target department store, the second largest retail department store in the United States, released its third-quarter performance data. Its total revenue rose by 13.3% year-on-year to $25.652 billion, and its net profit rose by 46.7% to $1.488 billion compared with $1.014 billion in the same period of last year. However, the operating profit rate of this department store dropped from 8.5% in the previous year to 7.8%, and the gross profit rate also dropped from 30.6% to 28%.

The third quarter net loss of Perfect Diary parent company Yixian E-commerce narrowed by 43.8%.

On November 18th, YSG, the parent company of Perfect Diary, released its financial report for the third quarter of 2021, showing that its total revenue reached 1.34 billion yuan, up 6.0% year-on-year. The gross profit margin increased by 2.2% to 67.9% year-on-year, and the net loss was 362 million yuan, which was 644 million yuan compared with the same period of last year, narrowing by 43.8% year-on-year.

The first performance of Victoria’s Secret’s independent listing: Q3 sales increased by 7% year on year.

After Victoria’s Secret’s independent listing, its performance in the third quarter still maintained its growth momentum, with quarterly sales increasing by 7% year-on-year to $1.441 billion, operating profit further increasing to $107.9 million from $97.5 million in the same period last year, with a year-on-year increase of 11% and net profit of $75.2 million.

Prada: Prada brand revenue increased by 52% year-on-year in the first nine months

On November 18th, Prada announced that the retail income in the first nine months of 2021 was far better than that in 2019. Retail sales rose further: in the third quarter of 2021, compared with the same period in 2019, it increased by 18% at a fixed exchange rate, and the net income of Prada brand was 1.918 billion euros, which increased by 52% at a fixed exchange rate compared with the same period in nine months in 2020.

Richemont Group’s operating profit in the first half of 2021 increased by 67% compared with the same period two years ago.

In the six months ended September 30th, Compagnie, a Swiss luxury goods company, recorded sales of 8.91 billion euros (US$ 10.2 billion), and its internal operation increased by 65% year-on-year and 20% over the same period two years ago. Operating profit increased by 67% compared with the same period two years ago, reaching 1.95 billion euros and net profit reaching 1.25 billion euros.

Overseas

US retail sales in October hit the biggest increase since March this year.

US retail sales in October increased by 1.7% from the previous month. Jack Kleinhenz, chief economist of the American Retail Federation, said that due to the COVID-19 epidemic, American consumers continued to spend more on goods than on services, which increased the pressure on the supply chain and led to an increase in commodity prices. With the arrival of the year-end holiday, consumer spending on goods may still increase in November and December.

7-11 Osaka, a new shopping mall, opened, claiming to be more fun than a theme park.

On November 17th, SEVEN PARK AMAMI, a new shopping mall planned and operated by 7-11, opened in Osaka. The shopping mall is located at No.500, Sandingmu, Tianmei East, Songyuan City, Osaka Prefecture. It is a theater shopping center planned by Seven&I Holdings, the parent company of 7-11. The project covers an area of about 67,000 ㎡. In addition to retail and catering, it also plans avant-garde virtual space and many entertainment activities, claiming to be a theme park with no loss of fun.

Ralph Lauren opens a new flagship store in Milan.

Ralph Lauren, an American fashion brand, recently opened a new flagship store in Milan, which has five floors and covers an area of nearly 16,000 square feet. In addition to selling Ralph Lauren men’s and women’s ready-to-wear clothes and RRL brand products, it also has home gifts and decorative accessories, and has Ralph Lauren bar.

Burberry opens an immersive pop-up shop in South Korea.

Burberry opened an immersive pop-up shop in Jeju Island, South Korea, which not only showed and sold the latest coat series of the brand to consumers, but also blurred the boundaries between nature and technology, indoor and outdoor, truth and imagination through various devices, and opened Thomas’s Cafe named after the brand founder.

Image source: Unless otherwise specified, they all come from official channels of brands and enterprises.

Sources: Win Business Network, Leju Finance, Viewpoint Real Estate New Media, National Bureau of Statistics, CCTV News, E-commerce Network, 36Kr, Kaipineapple Finance, Xinhua News Agency, Zhitong Finance, China Economic Net, Retail Krypton Planet, Sina Finance, etc.