Interpretation of Five Power Modes —— Why Lincoln Electric Hybrid is more suitable for China users’ physique?

In recent years, new energy vehicles have become the mainstream of the automobile market because of national support. On this basis, various car companies have clearly defined their own technical routes and competed to launch competitive products. At one time, fuel, pure electric, plug-in hybrid, oil-electric hybrid and extended range, various power combinations are blooming in the market. If you are considering buying a luxury car, but are still hesitant about the choice of energy type, Lincoln Electric Hybrid may be a good choice.

Why do you say this? Why don’t we start with the five common power modes on the market at present?

New electric hybrid Lincoln adventurer and new electric hybrid Lincoln Z.

Oil-electricity hybrid is the better solution at present.

If you are considering buying a luxury car, the fuel version may be the first consideration, because its technology is more mature, and maturity also means worry-free. However, the rising oil price will correspondingly increase the cost of car use, and the strong power people pursue is often accompanied by high fuel consumption.

In contrast, pure electric vehicles are much more friendly in quietness, acceleration and use cost. However, the inconvenience of using pure trams, such as incomplete charging facilities or anxiety about cruising range, also makes some people stay away from it. If there is no concern about fuel consumption, especially for people with high-speed and long-distance driving needs, fuel vehicles are still a good choice.

This is why hybrid power has become a dark horse in the market under the current usage scenarios and market choices. However, if it is subdivided, the hybrid power includes plug-in hybrid, extended range and oil-electric hybrid. Although each has its own advantages, from the point of high efficiency, oil mixing is better than plug-in and extended program.

For example, plug-in hybrid vehicles, on the surface, the two systems of engine and motor work together to integrate the two power advantages of pure electricity and pure oil, but after the actual experience, it will be found that, especially in the case of power loss, after the engine is involved, the overall fuel consumption will be high and the power will become worse. Especially in cold areas, the experience is greatly reduced. In addition, the mileage of pure electricity is generally high, and it is also bad to find charging piles frequently. It is really unpleasant at both ends.

Another example is the extended program, which is like a pure tram with a generator on its back at all times. Because the engine can’t directly drive the vehicle, the wind resistance of the vehicle will increase under high-speed working conditions, resulting in higher energy consumption and naturally unsatisfactory experience.

To sum up, the oil-electric hybrid with almost no short board seems to be the best choice to solve the pain point of using a car in the new energy era, because it does not need to be charged and its fuel consumption is low.

Here, I have to mention that Lincoln’s latest electric hybrid family, the brand-new electric hybrid route it chose, does not compromise power, but also can achieve half of fuel consumption and worry-free battery life. It only needs to add oil once a month, completely subverting the public’s stereotype of American traditional luxury cars.

Lincoln electric mixed family

Lincoln electric hybrid: mature technology and high efficiency

If luxury hybrids are mentioned, many people may also think of Lexus. Frankly speaking, Lincoln’s hybrid system is the same as Lexus’s, that is, the hybrid system patented by Ford and Toyota. Both of them are dual-motor power splitting schemes based on planetary gear sets, and their advantages are mature technology and reliable quality.

The difference of Lincoln’s electric hybrid is that it combines the rare combination of "high-power engine+high-power drive motor" with efficient power shunt technology to realize performance evolution while taking into account ultra-low fuel consumption. In short, in real life, whether you are speeding up overtaking or driving at high speed, you can feel the surging power and quietness.

Take the newly listed Lincoln electric hybrid adventurer (25.38-27.38 million) as an example, the comprehensive power of the system combined with 1.5T inline four-cylinder engine and e-CVT stepless transmission is 153kW, which is comparable to the performance of 2.0T at the same level. At the same time, the fuel consumption is reduced by 52% to 4.71 L/100 km (under the working condition of WLTC urban area). At the same time, its endurance of more than 1200km also shows the true strength of the energy-saving positive cycle brought by this system.

New electric hybrid Lincoln adventurer

Another Lincoln electric hybrid Z(27.48-36.58 million yuan) uses a 2.0T direct injection turbocharged engine to drive the motor cooperatively. The comprehensive power of the whole system reaches 234kW, and the acceleration of 100 kilometers takes only 6.04 seconds; The fuel consumption of WLTC is only 5.99L/100km, which is very suitable for friends who have great demand for power control and pursue energy saving.

New electric hybrid Lincoln z

It can be said that for China users who pay attention to "both want and want" in the choice of luxury new energy vehicles, it is hard not to be moved by the arrival of Lincoln Electric Hybrid Family, which basically covers 80% to 90% of the travel scenes of China users. Whether it’s a daily commute for office workers or a family trip, or a long-distance holiday trip to go on road trip, whether it’s hot in the south or cold in the north, the fuel consumption, endurance and motivation that most people worry about will not become the burden for Lincoln users to travel. Imagine, if your long-distance self-driving happens to be a holiday, when others can only wait in line for at least one hour to refuel or charge in the service area, you can turn on the air conditioner calmly and comfortably, and you can easily run more than 1000 kilometers to your destination with a tank of oil. Why not?

Generally speaking, Lincoln electric hybrid without short board is a more mature and efficient hybrid scheme on the market at present.

New electric hybrid Lincoln adventurer and new electric hybrid Lincoln Z.

finally

All along, Lincoln, which represents American luxury, gives people the impression of strong power, large space and comprehensive luxury configuration. Nowadays, the appearance of Lincoln Electric Hybrid undoubtedly makes "American luxury" more evolved. Without compromising the luxury experience, you can also enjoy the double convenience of halving fuel consumption and long battery life.

There is no absolute best choice in the world, only the most suitable choice. For users who want and want, pursue self-confidence and enjoy high-quality life calmly, I believe Lincoln Electric Mix is the more suitable choice for you at present!

Important strategic task related to China’s overall development —— On accelerating the construction of a new development pattern

  (1) 2021 is the first year of the 14th Five-Year Plan. Today’s China is showing a magnificent picture based on the new development stage, implementing the new development concept, building a new development pattern and promoting high-quality development.

  Looking at China, people’s enthusiasm for consumption is warming up with the vast land. From the rapid recovery of travel and tourism, from the continuous upsurge of online new consumption, and from the transportation and logistics connecting more than 9.6 million square kilometers of land, we can feel the great potential of China’s strong domestic market. With the global economic recovery, China’s major coastal ports are busy or even "hard to find a box", and a number of maritime ships connect China with the world, demonstrating China’s determination to build a higher level of open economy. Efforts will be made to make the domestic big cycle smoother, make the domestic and international double cycles complement each other, and build a new development pattern showing a good momentum.

  The year 2021 is of special importance in the process of China’s modernization. The Communist Party of China (CPC) celebrates its centenary birthday, unites and leads the people of all ethnic groups to build a well-off society in an all-round way, takes advantage of the situation to start a new journey of building a socialist modern country in an all-round way and March towards the goal of the second centenary. Facing the interweaving of the epidemic situation in the century and the changes in the century, and facing the profound and complex changes in the development environment at home and abroad, the CPC Central Committee with the Supreme Leader as the core is far-sighted and sized up the situation, and has made a major strategic decision to accelerate the construction of a new development pattern with the domestic macro-cycle as the main body and the domestic and international dual cycles promoting each other. The "14th Five-Year Plan" approved by the Fourth Session of the 13th National People’s Congress and the outline of the long-term goals for 2035 depict the grand blueprint for China’s future development and make major work arrangements for accelerating the construction of a new development pattern.

  At the National People’s Congress this year, the General Secretary of the Supreme Leader pointed out: "Based on the new development stage, implementing the new development concept, building a new development pattern and promoting high-quality development are the tasks that the whole party and the whole country must pay close attention to at present and in the future." During the 27th collective study in the Political Bureau of the Communist Party of China (CPC) Central Committee, General Secretary of the Supreme Leader emphasized: "Do a good job in this year’s economic and social development and make progress ‘ Fourteenth Five-Year Plan ’ The first step of China’s development in the period is very important. The first step is to take a steady step, take a new look and achieve new results. " "The whole party must implement the new development concept completely, accurately and comprehensively to ensure ‘ Fourteenth Five-Year Plan ’ During the period, China’s development started well and took a good step. " During his inspection tour in Fujian, the General Secretary of the Supreme Leader stressed that it is necessary to "find a correct position in service and integration to build a new development pattern" and "show greater achievements in service and integration into the new development pattern".

  Start a new journey, set sail and start again. China has a clear development orientation, clear goals and clear paths.

  (2) A correct understanding of the historical position and development stage of the cause of the party and the people is the fundamental basis for our party to clarify the central tasks at different stages and formulate the line, principles and policies, and it is also an important experience for our party to lead the revolution, construction and reform to win continuously. Entering the new development stage has defined the historical position of China’s development, and to build a new development pattern, we must first deeply understand the new development stage. At present, great historical achievements have been made in building a well-off society in an all-round way, and comprehensive victory has been achieved in the battle against poverty. We are standing at the historical intersection of the goal of "two hundred years". General Secretary of the Supreme Leader stressed: "The new stage of development is the stage of building a socialist modern country in an all-round way and marching towards the goal of the second century. This is a milestone in China’s development process. "

  Entering a new stage of development is a great leap in the historical process of the great rejuvenation of the Chinese nation. Since the founding of the Communist Party of China (CPC), all the struggles that the people of China have united and led are aimed at building China into a modern power and realizing the great rejuvenation of the Chinese nation. From the first five-year plan to the fourteenth five-year plan, the consistent theme is to build China into a socialist modern country. After the development during the Thirteenth Five-Year Plan period, China’s economic strength, scientific and technological strength, comprehensive national strength and people’s living standards have leapt to a new level. Building a well-off society in an all-round way as scheduled and winning the battle against poverty have made the great rejuvenation of the Chinese nation take a new step forward, laying a solid foundation and creating favorable conditions for building a socialist modern country in an all-round way in the new stage of development. Shortly after the founding of New China, our party put forward the goal of building a socialist modern country, and the next 30 years will be a new stage of development for us to fulfill this historical ambition.

  Entering a new stage of development, we must profoundly grasp the important characteristics of China’s modernization. The modernization we are promoting is a modernization with a huge population. If 1.4 billion people want to enter the modern society as a whole, it will completely rewrite the modern world map, which is a major event with far-reaching influence in human history. It is the modernization of common prosperity for all the people. We adhere to the people-centered development thought, consciously and actively solve the regional gap, the urban-rural gap and the income gap, and promote social fairness and justice. It is a modernization in which material civilization and spiritual civilization are in harmony. We adhere to the socialist core values, strengthen the people’s spiritual strength, and promote the all-round enrichment of things and the all-round development of people. It is the modernization of harmonious coexistence between man and nature. We pay attention to the simultaneous promotion of material civilization construction and ecological civilization construction, and take the road of civilized development of production development, affluent life and good ecology. It is a modernization that takes the road of peaceful development. We emphasize mutual benefit and win-win with all countries in the world, promote the building of a community of human destiny, and strive to contribute to the peace and development of mankind. Practice shows that Chinese-style modernization not only conforms to the reality of China and embodies the law of socialist construction, but also conforms to the general trend of the world and embodies the law of human social development.

  Entering the new stage of development, we must profoundly grasp the new connotation of the period of important strategic opportunities for China’s development. At present and in the future, China’s development is still in an important period of strategic opportunities, but there are new developments and changes in both opportunities and challenges. Most of them are unprecedented, and overall opportunities outweigh challenges. Internationally, the century-old change has accelerated its evolution, the world has entered a period of turbulent change, and the external environment has become more unstable and uncertain. The key is to accurately understand the key factors that determine the direction of the world’s unprecedented change, maintain strategic strength, grasp strategic initiative, stand on the right side of history, hold high the banner of building a community of human destiny, unswervingly safeguard and lead economic globalization, actively participate in the reform and construction of the global governance system, and strive to create an external environment conducive to China’s development. Domestically, China has turned to the stage of high-quality development, and its continued development has many advantages and conditions, but it also faces many difficulties and challenges. The key is to look at the problem from a comprehensive, dialectical and long-term perspective, deeply understand the changes in major social contradictions, enhance the system of solving the problem of insufficient development imbalance, deeply understand the people’s yearning for a better life, enhance the pertinence of solving the problem of insufficient development imbalance, deeply understand the fundamentals of long-term economic improvement, and enhance the confidence in solving the problem of insufficient development imbalance, and unswervingly implement it. Generally speaking, crises coexist, crises are organic, crises can turn around, opportunities are more strategic and plastic, challenges are more complex and overall, challenges are unprecedented, and opportunities are unprecedented if we deal with them well.

  From now until the middle of this century, it will be 30 years for China to build a socialist modern power in an all-round way. Building a socialist modern country in an all-round way in the new stage of development will not be a smooth sailing process, and we must make even harder efforts.

  (3) The strategic issue is the fundamental issue of a political party and a country. With accurate strategic judgment, scientific strategic planning and strategic initiative, the cause of the party and the people will be promising. Looking back at history, in each period, our party always made new strategic decisions according to the new development situation, new historical tasks and new environmental conditions, and led the China to sail to more open waters.

  General Secretary of the Supreme Leader stressed: "Building a new development pattern is a strategic choice to keep pace with the times and improve China’s economic development level, and it is also a strategic choice to shape China’s new advantages in international economic cooperation and competition." It is necessary to realize that in the face of severe and complicated situations, we must adhere to the bottom line thinking and make ideological preparations and work preparations for dealing with changes in the external environment for a long time. At the same time, many problems we encounter are also medium and long-term, and we must understand them from the perspective of protracted war. Building a new development pattern is put forward according to the changes in China’s development stage, environment and conditions. It is a major decision made with a view to solving medium-and long-term problems and preparing for a protracted war. It is an important way to achieve a long-term balance between stable growth and risk prevention. It is a systematic and deep-seated change that concerns the overall situation. It is a strategic plan based on the present and with a long-term perspective. We should accurately grasp the strategic deployment of accelerating the construction of a new development pattern from the overall situation and strategic height.

  Building a new development pattern is a conscious grasp of China’s objective economic laws and development trends, and has a profound practical foundation. Since the reform and opening-up, China has persisted in opening its doors for construction, and successfully achieved a great turning point from closed and semi-closed to all-round opening, which not only developed itself, but also benefited the world. Especially after China’s accession to the World Trade Organization in 2001, China has deeply participated in the international division of labor and integrated into the international cycle, forming a development pattern of "two ends outside" of market and resources, which has played an important role in seizing the opportunity of economic globalization to rapidly enhance economic strength and improve people’s lives. In recent years, with the changes in the global political and economic environment, the trend of anti-globalization has intensified, and the traditional international cycle has obviously weakened. In this case, efforts to build a new development pattern, based on the advantages of domestic market and relying on domestic market, and fully tap the potential of domestic demand are conducive to resolving the impact of external shocks and the decline in external demand, and also conducive to ensuring the basic normal operation of China’s economy and overall stability of the overall social situation in extreme cases. As the General Secretary of the Supreme Leader emphasized: "Only by standing on our own feet and smoothing the domestic circulation can we let the international situation change and always survive and develop with vigor." To build a new development pattern is to enhance our viability, competitiveness, development and sustainability in all kinds of foreseeable and unpredictable storms and stormy waves.

  It is not only necessary but also feasible to construct a new development pattern. The proportion of China’s total economic output in the world has risen from less than 2% at the beginning of reform and opening up to more than 17% in 2020, and it has a very large scale. From the perspective of international comparison, the characteristics of big country economies are that domestic demand is dominant and internal circulation is possible. As the second largest economy and the largest manufacturing country in the world, the relationship between domestic economic cycle and international economic cycle has long required adjustment objectively. Since the 18th National Congress of the Communist Party of China, we have adhered to the strategy of expanding domestic demand, making development more dependent on domestic demand, especially consumer demand. China’s dependence on foreign trade has dropped to 31.8% in 2019, and the ratio of current account surplus to GDP has dropped to about 1% at present. The contribution rate of domestic demand to economic growth has remained above 90% in most years and over 100% in some years. China has a population of 1.4 billion, and its per capita GDP has exceeded 10,000 US dollars. It is the largest and most potential consumer market in the world, with huge room for growth. In the coming period, the characteristics of China’s domestic market leading economic cycle will become more obvious, and the domestic demand potential of economic growth will be continuously released. We are fully qualified to put our development foothold at home, rely more on the domestic market to achieve economic development, build a new development pattern and reshape new competitive advantages.

  With the continuous improvement of China’s economic strength, scientific and technological strength and comprehensive national strength, the relationship between China and the world is undergoing profound changes. In the past, when our level of development was low, we were more complementary to others. Now that our level of development has improved, our competitiveness with others has increased. This is completely an objective reality that does not depend on human will in the process of historical development. Whether adapting to the changes in the global political and economic environment or adapting to the laws of China’s economic development requires us to build a new development pattern.

  (D) General Secretary of the Supreme Leader stressed: "We are building a new development pattern, which is by no means a closed domestic single cycle, but an open and mutually reinforcing domestic and international double cycle." To speed up the construction of a new development pattern, we must properly handle the relationship between domestic and international cycles.

  It should be recognized that the new development pattern with the domestic macro-cycle as the main body and the domestic and international dual-cycle promoting each other is a whole, and one aspect cannot be separated and emphasized unilaterally. China’s economy has been deeply integrated into the world economy, and its industrial correlation and interdependence with many countries around the world are relatively high. Domestic demand and external demand are interdependent and mutually reinforcing. China-Europe trains have accumulated more than 35,000 trains, and the number of cities opened has expanded from Chongqing to over 60, covering the whole of Europe. On this international channel, cross-border e-commerce has found a new way to go to sea, and freight trains have become "new postmen" in Eurasia. This fully shows that taking the domestic macro-cycle as the main body is by no means a closed operation behind closed doors, but by exerting the potential of domestic demand, the domestic market and the international market can be better connected, and the domestic macro-cycle can attract global resource elements, make better use of the domestic and international markets and resources, improve the ability to allocate resources in the world, and better strive for strategic initiative in open development.

  China’s super-large-scale market potential should be fully tapped with the domestic large-scale circulation as the main body. A set of data is intriguing: as of March 24, China’s express delivery business exceeded 20 billion pieces this year, close to the level of 2015; 1-mdash this year; In February, the total retail sales of social consumer goods increased by 33.8% year-on-year, 1-mdash; It increased by 6.4% in February, with an average growth of 3.2% in two years, and the market sales maintained growth; The added value of industrial enterprises above designated size increased by 35.1% year-on-year, 1-mdash higher than that in 2019; In February, the growth rate was 16.9%, with an average growth rate of 8.1% in two years, which was a higher level in the same period in recent years; In February, China’s movie box office reached 12.265 billion yuan, creating a global single-month box office record. In terms of demand, China has a population of 1.4 billion, including more than 400 million middle-income groups; From the supply point of view, China has the largest, most comprehensive and complete manufacturing system in the world, with 130 million market players and more than 170 million talents with higher education or various professional skills. It has a strong production capacity based on the domestic market, which can promote the integration and innovation of global factor resources and maximize the scale effect and agglomeration effect. Tightly grasping the main line of supply-side structural reform, adhering to the strategic basis of expanding domestic demand, paying attention to demand-side management, and making production, distribution, circulation and consumption rely more on the domestic market, we can form a higher level of dynamic balance of demand pulling supply and supply creating demand, and improve the overall efficiency of the national economic system.

  To realize the mutual promotion of domestic and international double circulation, it is necessary to implement high-level opening up and open up a new situation of win-win cooperation. When the epidemic brought heavy losses to the global economy, China not only provided support and shared experiences to many countries, but also held major international economic and trade activities such as Canton Fair, Service Trade Fair and China International Import Expo(CIIE) one after another, and declared its firm determination to open wider to the outside world with sincere actions. When unilateralism and trade protectionism prevail and economic globalization encounters great challenges, the door of China’s opening to the outside world is not closed, but it is getting wider and wider. In 2020, China’s total import and export of goods in the whole year was 32,155.7 billion yuan, up by 1.9% over the previous year. The total value of import, export and export both reached record highs and continued to rank first in global trade in goods. The actual use of foreign direct investment in the whole year was 1 trillion yuan, an increase of 6.2% over the previous year. China’s economic development in the past 40 years has been achieved under open conditions, and it is the consensus of China society that China’s economy must achieve high-quality development under more open conditions in the future. Only by scientifically understanding the relationship between domestic macro-cycle and domestic and international dual-cycle, responding to "anti-globalization" with high-level openness, responding to the so-called "divestment theory" with improved business environment, responding to the so-called "decoupling theory" with the attraction of super-large-scale market, building a new open economic system with a higher level, and implementing a wider, wider and deeper opening up can we continue to promote reform and development through openness and achieve high-quality development under more open conditions.

  In practice, to build a new development pattern, it is necessary to clarify vague understanding and prevent misunderstanding. For example, they do things in their own way, draw the land as a prison, and do not care about building a unified national market and engaging in their own small cycle; For example, it is considered that smooth economic circulation means smooth logistics and low-level logistics circulation; For example, when it comes to solving the technical problem of "sticking the neck", it does everything by itself, engages in redundant construction, and focuses on the "high-rise" project, regardless of the objective reality and industrial base, and the result is an unfinished project; For example, when it comes to expanding domestic demand and forming a large domestic market, it starts to borrow blindly to expand investment, over-stimulate consumption, and even engages in projects with high energy consumption and high emissions … … If these problems are not taken seriously, it will have an adverse impact on building a new development pattern. Only by accurately understanding the connotation of the new development pattern can we take the first step and see a new atmosphere in the practice of building a new development pattern.

  (5) Idea is the forerunner of action, and certain development practices are led by certain development ideas. General Secretary of the Supreme Leader emphasized: "The development in the new era and new stage must implement the new development concept and must be high-quality development." "The new development concept and high-quality development are internally unified, and high-quality development is the development that embodies the new development concept." To build a new development pattern, we must unswervingly implement the new development concept, constantly solve development problems, cultivate development advantages, and better achieve high-quality development.

  One of the most important aspects for our party to lead the people in governing the country and politics is to answer the important question of what kind of development to achieve and how to achieve it. Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has made a scientific judgment on the economic situation, put forward many major theories and ideas on economic and social development, and made timely adjustments to development concepts and ideas, among which the new development concept is the most important and the most important, which has led to historic achievements and changes in China’s economic development. The new development concept is a systematic theoretical system, which answers a series of theoretical and practical questions about the purpose, motive force, way and path of development, and expounds the political stand, value orientation, development mode and development path of our party. Practice has fully proved that the new development concept is a baton and a traffic light, which is a concentrated expression of China’s development ideas, development direction and development focus, and is the direction of managing the overall situation, managing the fundamentals and managing the long term.

  During the "Thirteenth Five-Year Plan" period, the new development concept gave full play to its leading and guiding role, providing a guide for China to transform its economic development mode, optimize its economic structure, transform its growth momentum and move towards high-quality development. In 2020, China’s GDP will exceed 100 trillion yuan, the urbanization rate of permanent residents will exceed 60%, and people’s demands for a better life will continue to increase … … At present, the major social contradictions in our country have undergone historic changes, and the contradictions and problems in development are mainly reflected in the quality of development, which requires us to put the quality of development in a more prominent position and strive to improve the quality and efficiency of development. Practice tells us that the more difficult and challenging development is, the more confident we must be, the more determined we must be, insisting that the green hills will not relax, insisting on guiding the overall development with new development concepts, making efforts to solve structural and institutional contradictions and problems that restrict development, and striving to create a new realm of development.

  The Fifth Plenary Session of the 19th CPC Central Committee made a systematic plan and strategic deployment for China’s development during the 14th Five-Year Plan period, and made it clear that the theme was to promote high-quality development and that the principle of adhering to the new development concept must be followed. "High-quality development is the development that embodies the new development concept, and it is the economic development from ‘ Is there ’ Turn ‘ Ok ’ 。” Implementing the new development concept has clarified the guiding principles of China’s modernization, and building a new development pattern has clarified the path choice of China’s economic modernization. Based on the new development stage and building a new development pattern, only by completely, accurately and comprehensively implementing the new development concept, making it work together to form a joint force, insisting on quality first and efficiency first, effectively changing the development mode, and promoting quality change, efficiency change and power change can we achieve higher quality, more efficient, fairer, more sustainable and safer development.

  The new development concept is a whole, insisting on innovative development, coordinated development, green development, open development and shared development. The whole party and the whole country should unify their thinking, coordinate their actions and forge ahead. Whether at the central or departmental level, whether at the provincial level or below, we must fully grasp, accurately understand and fully implement the new development concept in the whole process of economic and social development and in all fields.

  (6) "No matter how many times you have heard the growth story of China, it still has amazing capabilities." Looking forward to the future of China, some international media say so. The important aspect of this "amazing ability" is our party’s ability to lead development.

  The General Secretary of the Supreme Leader stressed: "We should strengthen the Party’s overall leadership over socialist modernization" and "promote the Party’s leadership over socialist modernization to be more scientific and reasonable in functional allocation, more complete and perfect in system and mechanism, and more efficient in operation and management". The broad masses of party member cadres, especially leading cadres at all levels, must base themselves on the two overall situations, be mindful of "the leader of the country", constantly improve their political judgment, political understanding and political execution, constantly improve their political ability, strategic vision and professional level in grasping the new development stage, implementing the new development concept and building a new development pattern, dare to take responsibility and be good at doing things, and implement the decision-making arrangements of the CPC Central Committee.

  Accelerating the cultivation of a complete domestic demand system is an important basis for smoothing the national economic cycle and strengthening the main position of the domestic big cycle. The key to building a new development pattern lies in the unimpeded economic cycle, and the formation of a strong domestic market is its important support. It is necessary to establish an effective system to expand domestic demand, release the potential of domestic demand, expand residents’ consumption, and raise the level of consumption, so as to make the construction of a super-large domestic market a sustainable historical process. Efforts should be made to break through the key blocking points that restrict the economic cycle, organically combine the implementation of the strategy of expanding domestic demand with deepening the structural reform of the supply side, improve the adaptability of the supply system to domestic demand, improve the integrity of the industrial chain and supply chain, and make the domestic market the main source of final demand.

  Speeding up the self-reliance of science and technology is the key to ensure the smooth domestic circulation and shape China’s new advantages in the international circulation. The most essential feature of building a new development pattern is to achieve a high level of self-reliance and self-improvement, and we must put more emphasis on independent innovation. Only by mastering the core technologies in our own hands can we truly grasp the initiative of competition and development and fundamentally safeguard national economic security, national defense security and other security. We should adhere to the core position of innovation in the overall situation of China’s modernization, strengthen the national strategic scientific and technological strength, comprehensively strengthen the deployment of scientific and technological innovation, pool superior resources, vigorously and orderly promote the system and mechanism of "unveiling the list and taking the lead" in tackling innovative problems, strengthen the docking between innovation chain and the industrial chain, lay a solid battle for key core technologies, and accelerate the capture of "stuck-neck" technologies in important fields.

  Promoting the optimization and upgrading of the industrial chain supply chain is an urgent need to stabilize the main position of the domestic big cycle and enhance the driving ability in the international big cycle. Manufacturing is the lifeblood of China’s economy, the foundation of the country and the foundation of a strong country. The security and stability of industrial chain supply chain is the basis of building a new development pattern. In the fight against the epidemic, China’s complete manufacturing system has played a vital supporting role, once again proving the importance of manufacturing to the development and security of the country, especially big countries. It is necessary to promote the completion of short boards and forging long boards as a whole, implement key core technology research projects for weak links in the industry, give more importance to enhancing the toughness and competitiveness of the industrial chain, and strive to build an independent, controllable, safe and efficient industrial chain supply chain.

  To promote the modernization of agriculture and rural areas, the urban-rural economic cycle is an important aspect of the domestic cycle, and it is also a key factor to ensure the healthy relationship between the domestic and international cycles. Realizing the modernization of agriculture and rural areas is an important task of building a socialist modern country in an all-round way and an inevitable requirement to solve the problem of insufficient development imbalance. We should persist in taking solving the problems concerning agriculture, rural areas and farmers as the top priority of the Party’s work, fully implement the strategy of rural revitalization, persist in promoting the structural reform of agricultural supply side, implement the strategy of storing grain in the land and storing grain in technology, ensure food security and ensure that Chinese’s rice bowl is firmly in its own hands.

  Improving people’s quality of life is the starting point and the end result of unblocking the domestic big cycle, and it is also the key connection point of mutual promotion of domestic and international double cycles. It is the fundamental purpose of socialist production to adapt to the changes in people’s needs, strive to run various livelihood undertakings well, and make people’s lives better and better. Optimizing the distribution structure and developing middle-income groups are conducive to enhancing the endogenous motivation of high-quality development and are a key link to smooth the national economic cycle. It is necessary to adhere to the principle that distribution according to work is the main body and various modes of distribution coexist, increase the proportion of labor remuneration in the initial distribution, solidly promote common prosperity, and continuously enhance the people’s sense of acquisition, happiness and security.

  Firmly holding the bottom line of safe development is an important prerequisite and guarantee for building a new development pattern, and it is also the proper meaning in the problem of unblocking the domestic big cycle. The more open it is, the more attention should be paid to safety. We should coordinate the two major events of development and safety, enhance our own competitiveness, open supervision and risk prevention and control capabilities, and attach importance to the use of internationally accepted rules to safeguard national security. We must adhere to the overall concept of national security, grasp the relationship between openness and security, weave an open safety net, enhance our ability to dynamically safeguard national security in the environment of opening to the outside world, and promote people’s livelihood, social stability and order, and long-term national stability.

  General Secretary of the Supreme Leader pointed out: "As China enters a new stage of development, reform is also facing new tasks, and we must take greater courage and take more measures to break down deep-seated institutional and institutional obstacles." Since the 18th National Congress of the Communist Party of China, we have launched a series of major reform measures around implementing the new development concept, promoting high-quality development and opening wider to the outside world, and formed a series of theoretical achievements, institutional achievements and practical achievements, which have made the construction of a new development pattern have obvious institutional advantages and a solid foundation for reform. We should pay more attention to deepening reform and opening up to enhance the endogenous motivation for development, be good at using reform thinking and methods, and make overall consideration of short-term response and medium-and long-term development. We should not only make a good strategic plan, but also make good decisions at key points, form an institutional mechanism conducive to the implementation of new development concepts, promote deeper reforms, and implement a higher level of opening up, thus providing a strong impetus for building a new development pattern.

  (7) "It is just a hundred years of elegance to have great achievements in the future." The Communist Party of China (CPC) people are firm in their ideals and beliefs, keep in mind their original mission, take root in the people, and always remain full of vigor and high morale, and strive hard to achieve the goal of the second century and the great rejuvenation of the Chinese nation. The prospects are bright, and drums are used to urge the levy. Time and potential are on our side, which is our strength and confidence.

  We have great confidence in forging ahead in the new journey. China’s development and progress has never been achieved in a calm, but with the courage of "the more difficult and dangerous it is, the more forward it is" and the enthusiasm of "opening roads on every mountain and bridging bridges when encountering water", it has been achieved in tackling difficulties and stepping over bumps. Today, with the strong leadership of the CPC Central Committee with the Supreme Leader as the core, the remarkable advantages of the Socialism with Chinese characteristics system, strong mobilization ability and comprehensive strength, super-large-scale market advantages and domestic demand potential, and huge human capital and human resources, we have all the more reason to believe that China has an extremely broad stage, a very deep foundation and a very strong kinetic energy, and will be on the track of high-quality development based on the new development stage, implementing the new development concept and building a new development pattern.

  Striving for a new journey, we dare not be complacent. Those who walk a hundred miles are half-ninety, and the closer they are to the goal of national rejuvenation, the more they can’t slack off and the more they have to redouble their efforts. General Secretary of the Supreme Leader has repeatedly stressed: "Socialism is done, and the new era is fought." It should be noted that China’s economy is in the key period of transforming the development mode, optimizing the economic structure and transforming the growth momentum, and there are still many shortcomings and weaknesses in achieving high-quality development. We must never be hesitant, wait-and-see, lazy or weak, let alone sleep on the credit book. We must know how to bear heavy burdens, overcome difficulties and constantly enhance the courage and strength to forge ahead. We should also see that the world today is undergoing a great change that has never happened in a hundred years. A century-long change is not a one-time event, a change in one region and one country, but a change in the world, times and history. The epidemic situation has accelerated the evolution of the international pattern, and the pressure and challenges have increased under the "more external environment against the wind and water". We should have the wisdom to change, the ability to respond to changes, and the courage to change, unify seeking things with seeking the situation, seeking the present and seeking the future, adjust our strategies in time in response to the development and changes of the situation, and firmly grasp the initiative in development.

  "Dapeng rises with the wind one day, soaring up to Wan Li." Building a new development pattern is an important strategic task related to China’s overall development, the only way to promote economic modernization, and the first move to grasp the initiative of development. On the new great journey, unite more closely around the CPC Central Committee with the Supreme Leader as the core, continue to be modest and prudent, guard against arrogance and rashness, continue to work hard and forge ahead with determination, mobilize all the positive factors that can be mobilized, unite all the forces that can be United, and do our best to do our own thing, and we will certainly be able to ensure a good start in building a socialist modern country in an all-round way and create a great historical cause that belongs to our generation!

Five people died of poisoning when Hebei Wuji dumped waste liquid. The police were dizzy at the scene.

On the 16th, five people were killed in an accident of dumping waste liquid poisoning in Wuji County, Hebei Province. Shijiazhuang Public Security Bureau characterized the accident as a criminal case.

According to Xinhua News Agency, an industrial waste liquid dumping poisoning accident occurred in Hutuo River Hetao, Niuxinzhuang Village, Haozhuang Township, Wuji County in the early morning of 16th. By 10: 00, the accident had killed five people.

After preliminary investigation, two tankers discharged waste liquid in the Hetao of Nanhutuo River in Niuxinzhuang Village, and toxic gas was generated during the discharge. Five people who discharged waste liquid fainted after inhaling toxic gas, and 120 ambulances sent them to the county hospital for rescue. Four people died first, and the last one died after being rescued.

According to the latest news of Weibo, the official of Shijiazhuang Public Security Bureau, quoted by Zhongxin. com, as of press time, all the 12 suspects involved in the case were arrested except five who were dead.

At the scene of the aerial accident, you can see that two tankers involved are still parked next to the sewage pit. Photo by Zhang Fan.

On the afternoon of the same day, the reporter from Zhongxin. com saw at the scene that seven fire engines and several police cars were parked on the street of Niuxinzhuang Village, about 2 kilometers away from the scene. Environmental emergency detection vehicles were driving back and forth on the street, and the air was filled with a pungent smell.

The reporter noticed that the main road leading to the scene of the incident has been blocked, and the warning line has been pulled up, and many police officers have maintained order at the scene. Five policemen wearing yellow chemical protective clothing and carrying oxygen bottles entered the scene by car and returned from the scene about ten minutes later.

According to a police officer surnamed Ji of Wuji County Public Security Bureau who has entered the scene, the purpose of this visit is to survey the scene and take photos.

At the scene, the liquid in a waste pit was dark, and two tankers discharging waste liquid stopped at the edge of the pit, and the liquid in the waste pit emitted light blue smoke.

The police officer who just entered the scene was sweating profusely, and he said he was a little dizzy and nauseous.

The staff of Wuji County Public Security Bureau put on chemical protective clothing and entered the scene for investigation. Photo by Zhang Fan

According to the aerial picture, in the Hutuo River Hetao, about 1 km southeast of Niuxinzhuang Village, two tank cars were parked next to a sewage pit with waste liquid, and one tank car body was connected with a white pipe and went deep into the sewage pit.

Li Dengming, a villager in Niuxinzhuang Village, said that there are many waste pits discharging waste liquid in the Hetao of Hutuo River next to the village, and tankers discharging waste liquid often enter. "For many years, the air in the village has always had a pungent smell. People don’t dare to get close, and the smell stinks. "

Li Dengming said that he has repeatedly reported this situation to the environmental protection department, but it has not been dealt with.

Wang Libin, president of Shijiazhuang Environmental Science Research Institute, who participated in the investigation, said that according to the waste liquid dumping enterprise, it is waste acid, but it has not been determined yet. Only when the specific liquid is determined can the next work be carried out.

According to reports, hydrogen chloride has been detected in the air at the scene.

The waste liquid composition determines that the enterprise involved is located in Gaocheng District.

According to the latest report of the Propaganda Department of Wuji County Committee of Hebei Province quoted by Zhongxin. com on the 16th, the main components of the dumped waste liquid are hydrochloric acid and hypochlorous acid. The enterprise involved is Hebei Jiacheng Chemical Co., Ltd., Gaocheng District, Shijiazhuang.

After investigation by the local public security organs, two scrapped tankers were pulled from Gaocheng District, Shijiazhuang, and discharged into the Hetao of Nanhutuo River in Niuxinzhuang Village, Haozhuang Township, Wuji County, Shijiazhuang, followed by two cars, which produced toxic gas during the process of stealing. Five people who were stealing the waste liquid inhaled the toxic gas and died after being rescued.

At present, Wuji county police have made the case an environmental pollution case, and seven suspects, including Li Yanjun, a corporate legal person involved, have been arrested and are under trial. In order to prevent secondary hazards, environmental experts from Shijiazhuang and Wuji County are analyzing the dumped waste liquid on the spot and studying the harmless treatment scheme.

Dodge Hellcat feels speed and passion with red eyes.

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.
 
 
22 American Dodge Hellcats-Red Eye Blue/Red
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Dodge Hellcat adopts the latest design of Dodge family, and its overall shape is more sporty. The instrument panel adopts the combination design of double instrument panels and LCD screen, and the center console adopts split type with central LCD screen. It has a sporty atmosphere, including a bottom steering wheel, sports seats, carbon fiber-like interior parts and aluminum alloy decorative panels.
 
 
If you like passion, sports cars and speed, this Dodge Challenger Hellcat Red Eye is the best choice. The aggressive front face of 23 Dodge Hellcat red-eyed cat muscle sports cars is the most striking place, like a shark with a big mouth, which is quite powerful. The integrated taillight uses 164 LED light sources, and the tail wing improves its stability at high speed. 22 Dodge Hellcats Red-Eye Cats From the front of the car, the two headlights are as sharp as eagle eyes, and the flexible lines of the whole body overflow with a aura.
 
 
The 22 Dodge Hellcat Red-Eye Cats are equipped with a 6.2L V8 supercharged HEMI engine with an output of 808 HP (797 British HP) /960 Nm, which is called the muscle car with the fastest horsepower acceleration, the fastest speed and the fastest mass production. 0-96 km accelerates for 3.4 seconds, 0-400 m accelerates for 10.8 seconds, the tail speed is 210 km, and the top speed is 327 km/h. It is also equipped with "ejection preparation" Line Lock mode, which can easily burn tires in situ. Tips: Don’t believe that low price and reliable price are more important.
 
 
Aluminum alloy shift paddles, Sirius XM Travel Link system, LCD screen and GPS navigation are all equipped. The interior is much stronger than expected, not a pure lout, but a girl’s heart under the so-called rough appearance, and its materials are all very good.
 
 
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Reject the "996" work system! People-oriented can achieve long-term development.

  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" 

No one can understand all the little question marks in Tenet’s article that answer you.

Tenet poster

Tenet poster

August 22nd was the earliest time for the release of comments in Tenet media field, when almost all comments at home and abroad were surprisingly consistent — — "No, look, understand!" Today, this movie is officially released in China, and it’s time to challenge everyone’s IQ.

There is absolutely no shame in not understanding Tenet.

Nolan doesn’t intend to let the audience understand it once unless you have done your spoiler homework in advance. First of all, the concepts in this film are very advanced, involving inverse entropy, time reversal, time-pincer movement, grandfather paradox, etc. Secondly, the plot developed from this is multi-line and loop narrative, with seamless conversion of positive and negative perspectives of different characters, and some plots are left blank, which need to be supplemented by their own brains.

In addition, some important information in the film is post-positioned. First, shoot the event process, and then remind you what is going on in a line of a certain character, so it is difficult to put the information puzzle together for the first time. If you are distracted for a few seconds during the movie, you may not be able to connect the story before and after.

If someone claims to understand it once, you can try two brushes and three brushes — — You will find that the more you look at it, the more problems you have. This is a movie with a clear overall story, but the details of brain burning can be infinitely memorable. The author has brushed it three times, and I dare not say that I have completely understood this work.

Someone asked, is Tenet a spiritual sequel to Inception?

Yes, not really. You can simply say that Tenet is Memento+Fatal Magic+Inception+Interstellar, and Nolan didn’t take over 007, which is an overwhelming game of time and space and a human adventure to pass on the firewood.

Today, with the development of film for more than one hundred years and the maturity of genre narration, it is a good director’s "creed" and a blessing for fans to have a director like Nolan who persistently sticks to film shooting and tirelessly innovates in narrative methods, and firmly occupies a place in the commercial kingdom with a distinctive author label.

After watching Tenet, it’s normal not to worry about "100,000 whys" popping up on your head. Today, we will answer your questions one by one.

The previous part can be understood before watching the film, and it doesn’t involve the core doubt — —

[How to understand the title of TENET? ]

First of all, this title has a lot of room for interpretation. As for Chinese translation, Hong Kong and Taiwan are called Tianneng, and a combination point is found between transliteration and free translation. It is said that the mainland publisher once wanted to call it "Time and Space Chasing", which is more in line with the traditional four-character title of the market and briefly summarizes the content of the story, but it always feels a bit too straightforward.

Finally, the mainland film was called TENET, and the original English name was Tenet, which I personally agree with.

Expand the brain hole, and this title can have the following meanings:

1, is the name of the mysterious organization in the film;

2. Tenet is a palindrome, similar to level, and it is the same in both forward and backward writing, suggesting that this film is related to reversal. This word once appeared on a square of Seto in the ancient city of Pompeii, and several words on the stone tablet also formed the backbone of this film, which will be expanded later;

Tenet Taiwan poster

Tenet Taiwan poster

3. Look at this palindrome again. Does it look like everyone looks in the mirror before entering the gate? Especially when the last t is printed backwards.

Four or ten minutes is the duration of two key tasks in the film — — The man and Pattinson met for the first time, and the request was that they only needed to meet the Indian arms dealer for ten minutes; In the last ruins war scene, the fighting time of the red and blue teams is also ten minutes, and they are divided into the positive team and the negative team, "ten-net" is tenet;;

5. When the structure of the whole movie is taken apart, it is actually like the five plates represented by the five letters T-E-N-E-T — — The protagonist and his party first rescued the hostages at the National Grand Theatre in Kiev, Ukraine, then went to the Freeport in Oslo to destroy the paintings, and then hijacked the car and confronted the warehouse in Tallinn.

Then they crossed back and went back to Oslo to save the heroine. Finally, the heroine and the heroine split up and went back. One went to the ruins to dismantle the algorithm, and the other went back to Vietnam to stall the villain. The date was the same as the earliest grand theater play.

Tenet timeline made by French fans, translated by@torovandarko. In fact, it is easier to get dizzy when drawing a timeline, so it is enough to understand it as a V-shaped story.

Tenet timeline made by French fans, translated by@torovandarko. In fact, it is easier to get dizzy when drawing a timeline, so it is enough to understand it as a V-shaped story.

6, the black man has no name, and he seems to be the embodiment of the "creed" — — He would rather kill himself than betray his teammates, and refused to take women and children as hostages. Only when he assassinated an arms dealer would he not feel guilty. He repeatedly confirmed that there would be no casualties when the plane crashed into the building, risking his life to save the theater audience and hostess in danger, and he had no wild thoughts about the beautiful hostess … …

He is a special agent in a thousand, a warrior who shoulders the hope of all mankind, and a man with pure morality and noble behavior like a mythical hero. He is the best interpretation of the word "creed".

Tenet male host, played by John David Washington

Tenet male host, played by John David Washington

[What core concepts do you need to understand to watch this movie? ]

At the end of Tenet’s credits list, Kip Thorne, the great god of contemporary physics, once advised Nolan’s last film, Interstellar. It is unknown what concepts he contributed in Tenet. Anyway, Nolan’s new film continues to be at the forefront of physics theory.

Look at Tenet, we need to "understand" the concepts are:

1, entropy. The word originated from thermodynamics, and Professor Hu Gangfu skillfully added a fire word next to "entropy" in his free translation, which was roughly used to describe the change of the internal nature of a system.

Later, the word was extended to many fields, such as astrophysics, life science, probability theory, cybernetics, and even economics and sociology. "Increasing entropy" is a spontaneous process from order to disorder. To put it bluntly, your room is getting more and more messy, that is, the "entropy" is getting bigger and bigger.

According to the laws of thermodynamics, heat is always transferred from a high-temperature object to a low-temperature object. For example, if you put an ice cube next to a candle, it will melt soon. Energy has a direction of motion, and the energy flow between them is determined by the entropy of two objects.

With the development of quantum mechanics, scientists have found the phenomenon of reverse flow in quantum experiments. It is assumed that the process of entropy increase and decrease is reversible through certain technical means. In the movie, an unknown female scientist in the future ("Oppenheimer in the future") invented a technology that can reverse the entropy of objects, so that some objects and people can be "reversed". The bullet can shoot backwards, and the explosion will freeze.

Tenet poster

Tenet poster

2. Time-pincer movement, also known as time attack, means that one group of people advance according to normal time, and another group of people reverse back from the future, telling people in the past what will happen in the future, so that people in the past can gain more experience. In the film, the villain Sator was one step ahead everywhere, which once made the man wonder if there was a traitor in the team, all because the villain mastered the means of time attack. Finally, the red team and the blue team also used this method.

Tenet timeline and source watermark under time-pincer motion.

Tenet timeline and source watermark under time-pincer motion.

3. Grandfather Paradox, also called Grandmother Paradox, was put forward by French science fiction writer René Barjavel in the 1940s. That is, if you travel back in time and kill your grandfather, how were you born? How can you kill him without you? This paradox has no conclusion, and it is a problem-free problem similar to chicken laying eggs and laying chickens.

In the film, the man asks Pattinson a question for the audience: If people in the future want to destroy the present human beings, then they will be gone, too. We are still here, does it mean that we have succeeded in saving the world? Pattinson’s answer is: My idea is not important, they (future people) think it is right to do so; Theoretically, we will succeed, but the relationship between multiple realities and consciousness is not clear to us.

Nolan and Tenet are on the set.

Nolan and Tenet are on the set.

4, fortunately, this movie has not involved parallel time and space, otherwise it would be even more dizzy. But at the same time, even in the same place, it is reasonable to have multiple same characters in this film. For example, three male lords appeared at the revolving door in Oslo, and the positive and negative ones were sent to both sides of the revolving door in Tallinn. The female lords who crossed back to Vietnam almost ran into themselves at that time, and finally there were two villains and two Pattinson.

How long the "doppelganger" can exist is not explained in the film, but they will eventually return to the normal timeline, which is their "fate". What would happen if one died? The film didn’t show the result.

Another law is that you can’t meet yourself, otherwise the positive and negative particles will disappear when they meet. The solution is not difficult, just wear a suit like the man who went back to Oslo.

5. Finally, we must adapt to the transformation of positive and negative perspectives, so that two key scenes, carjacking and ruins war, can be understood. The protagonist turns into a reverse, and he sees that the whole world is reverse, which is a subjective perspective, but in fact only he himself is reverse; For the reverse person, what happens first should be done last, just want to understand this.

Tenet tidbits, Nolan on the set.

Tenet tidbits, Nolan on the set.

[What are the meanings of the names and places in the film? ]

The names and places in Tenet are not taken casually, and they all have deep meanings.

First of all, let’s look at a piece of The Sator Square unearthed from the ancient city of Pompeii, which is located in the first century AD:

What is written on this slate is a Latin palindrome poem, the general idea of which is about the rotation of the wheel of time, and several words themselves are also positive and negative. The stone tablet of Seto is regarded as the originator of crossword puzzles.

Nolan’s writing of Tenet’s plays not only draws lessons from his palindrome structure, but also several key words should come from this slate — —

Sator, the surname of the villain Andrei Sator, may be given to the Soviet boy in the future;

Arepo is the surname of Thomas Arepo, a fake painter;

Tenet, creed organization;

Opera, referring to the engagement of the opera house, is also a secret language for the male master to lure the villains to meet;

Tenet tidbits, Nolan and the male host in the opera scene.

Tenet tidbits, Nolan and the male host in the opera scene.

Rotas, rotation; It is also the name of Oslo Freeport Construction Company. The confrontation between Rotas and Sator seems to imply that the establishment of this company is related to villains.

The film also pays tribute to the ancient city of Pompeii, where the woman has always wanted to accompany her son to play.

Look at the role name again. The man, Anonymous, conforms to the background of an agent and seems to indicate his extraordinary status in the future;

Kat, short for Katherine, comes from old English, which means innocence and purity, and conforms to the angelic image of Derbyshire;

Tenet hostess, played by elizabeth debicki.

Tenet hostess, played by elizabeth debicki.

Neil, played by Pattinson, the second male student, originated from Irish Christian name and Gaelic, meaning winner, and entrusted his crossing mission;

The villain Sator, some people say, comes from the Latin meaning of seeder and creator.

Tenet villain, played by kenneth branagh.

Tenet villain, played by kenneth branagh.

Max, the son of the hostess, symbolizes the biggest and most important thing. The hostess always puts her son in the first place. Even the first reaction when she hears that the world is going to be destroyed is "Then my son is gone".

Priya, a female arms dealer, is a common name in India, so it may be an alias.

The choice of geographical location, Oslo means "the land of God" and "the valley of God", is the place where the villain’s secret career (claiming to be a god) is located. The choice of Kiev, Tallinn and Siberia also accords with the plot time. As for your unique complex about Vietnam, you may have to ask Nolan.

Tenet stills

Tenet stills

[Spoiler Tip]

Next, there is the part that involves details spoilers.

Readers who haven’t seen the film can consider reading it first — —

[Who hit who at the opening of the opera house? ]

As soon as the film came out, it was an opera house scuffle, and many viewers still didn’t understand who was hitting who and what the goal was … …

This scene is about the protagonist and his party who were mixed into the Ukrainian special police force during the CIA agent period, with the aim of saving American diplomats and protecting the package (plutonium element). When the Ukrainian SWAT team exchanged fire with terrorists (in fact, it was the villain Sator, and both sides came to grab the package, regardless of the audience’s life and death), the male host covered the diplomat to the basement, let the diplomat and a teammate exchange clothes, and the diplomat fled. The male host and the agent wearing the diplomat’s clothes decided to return to the theater and dismantle the bomb to rescue the unconscious audience.

When the last bomb was dismantled, the man was caught by a Ukrainian special police officer (the epaulettes were temporarily attached). At the critical moment, a mysterious man saved the man’s life with a reverse bullet (it was finally confirmed that the mysterious man was Pattinson), and the man threw all the bombs at the second floor box at the last moment and escaped.

The moment when the man escaped from the theater with his spy teammates dressed as diplomats.

The moment when the man escaped from the theater with his spy teammates dressed as diplomats.

The man and the fake diplomat fell into the hands of Ukrainians, and under torture, the man still refused to betray the whereabouts of the diplomat and other teammates. The man tried to kill himself by swallowing a special capsule made by CIA. Unexpectedly, it was just a coma drug that could disguise his death. This action was also a test of his loyalty.

The man is nominally "dead" and his teammates have all died, so he can no longer work for the CIA. But his superiors told him that he would be faced with the important task of saving all mankind. At present, all he can tell him is the word "creed".

He needs to report to this "creed" organization after a period of anonymity in the offshore wind power company. The female researcher didn’t tell him any information, but only taught him about antimatter. The goal, method, teammates and leaders all need the male owner to find clues by himself.

Tenet tidbits photo

Tenet tidbits photo

[Goya’s painting is how to return a responsibility? ]

There are two identical Goya paintings in the film, both of which were made by the painter Arbor. One was because the woman was too close to Alber, and she bought it as a real painting, and then auctioned it to her own husband at a high price of $9 million. After the husband learned that it was a fake, he kept it in Oslo Freeport as a handle to threaten his wife, and also had an excuse to often go to Oslo Freeport (actually to the revolving door);

The other one was taken by the man from Sir crosby, played by michael caine, as a stepping stone to get close to the Sator. The man claimed to the woman that he got the painting from Alber, but the lie was soon debunked by the woman, because Alber’s leg was interrupted by Sator, and he couldn’t walk or make a phone call. But she had no choice but to cooperate with the man.

The woman examines the counterfeit Goya paintings brought by the man.

The woman examines the counterfeit Goya paintings brought by the man.

The man wanted to go to Oslo to help the woman destroy the first fake. Unexpectedly, he discovered the secret of the revolving door and was ambushed (only to know later that it was himself), so he had to retreat first. The villain has taken out the painting in advance through the ability of "predicting the future", and his wife’s fate is still firmly in his hand.

The man and pattinson play Neil in the art warehouse of Freeport, Oslo.

The man and pattinson play Neil in the art warehouse of Freeport, Oslo.

[Do you have to hit the building with a plane? ]

As we all know, Nolan basically doesn’t use special effects, and everything he says is a real shot. The scene where the plane crashed into the warehouse in the film was really destroyed by a plane and a bunch of cars (anyway, the budget of Nolan crew, a Credo organization, was enough), which was needed by the plot, not a spectacle.

Why use the plane to crash into the building? The key line is that airport security is not afraid of robbery, but of rising temperature. Therefore, it is necessary to make the whole building explode and catch fire, so as to distract the attention of all security guards at the airport, and let the "Pentagon security level" art warehouse automatically reset to the factory setting, release halogenated fire-fighting gas to scare off the warehouse staff, so that the male owner can pry open the doors of each warehouse one by one within the time limit of holding his breath and look for paintings and reverse weapons that may be kept here.

Tenet stills

Tenet stills

[What is the villain’s goal? ]

The villain Sator comes from Stalask-12, an industrial waste city in the Soviet Union. Because the disintegration of the Soviet Union was the most frequent historical period of underground trading of nuclear materials, Sator in his youth obtained guidance documents and start-up funds from "future people". Since then, he has been dealing with radioactive materials all his life (which may be why he suffered from pancreatic cancer), and for many years, he has been looking for nine scattered algorithm components in nine countries with nuclear weapons (the nuclear-weapon countries are wary of each other, so female scientists think it is safest to hide the algorithm components in the nuclear raw materials).

He was originally a Russian oligarch. After being expelled from Moscow, he settled in London. He claimed to start with natural gas. His actual business was selling plutonium and arms. The ultimate goal was to collect nine parts, activate the algorithm, reverse the entropy of the whole earth, and let all mankind be buried with him in the late stage of cancer.

The reason why "future people" want to destroy previous human beings is similar to that of Thanos, and it is also the exhaustion of resources and the rise of sea level … … Destruction is rebirth. Sator hypnotized himself and sealed himself as a "god".

Sator will always check the heart rate on his bracelet. Once he dies and his heart rate drops to zero, some distant monitor will start the algorithm and end the whole world.

Tenet tidbits, the heroine and the villain

Tenet tidbits, the heroine and the villain

So when and where will he choose to end his life? This information was pieced together by the man and the woman — —

The female speaker said that when they went to Vietnam for vacation, the villains disappeared for a while. After the villain came back, the conversation at sunset was the last moment of warmth for the couple, so it was speculated that Sator would choose to end his life at this time;

The male owner also confirmed this speculation. He heard from Jazz that on the day of the explosion of the Ukrainian Grand Theatre, the abandoned city of Stalask-12 in the Soviet Union was monitored for signs of nuclear detonation. On the whole, it should be that day (14 days ago).

(Pattinson also knows all the ins and outs, just pretending not to know in front of the man. )

Tenet male master and male second

Tenet male master and male second

[Why do some people wear breathing masks and others don’t? ]

The setting in the movie is that when you turn from forward to reverse, the direction of air flow in the lungs will also reverse, so you must wear a special breathing mask. This has also become the key symbol to distinguish between the characters in the whole film. But if you reverse it and then reverse it, you don’t need to wear it, or you don’t need to wear it in a specially modified container.

For example, in Tallinn’s car chase, the villain wearing a breathing mask is the reverse. He hijacked the positive female host, and after entering the blue room (reverse space) in front of the rotating door, the villain did not need to wear a mask, but gave the female host a mask. At this time, there are positive villains hiding in the isolation room of the red room next to them, ready to intercept the position information of plutonium in advance and complete the time attack.

The reverse man driving in Tallinn is wearing a breathing mask.

The reverse man driving in Tallinn is wearing a breathing mask.

[The hostess started early, why did she succeed in saving the world? ]

Traveling back to 14 days ago, the heroine of Vietnam "can’t play any more" and shot her husband in advance, but the world didn’t end. Why?

First of all, you don’t have to blame the female host’s brain impulse. At that time, the villain began to suspect that the female host had multiple "doppelgangers". The female host who came back through saw that she would soon bump into herself at that time, so she had to end the task ahead of schedule. She believes that the man will succeed.

Secondly, the female host is originally a "backup" (backup, alternative scheme). The first scheme is that the male host and Pattinson and other troops take out nine algorithm components in the ghost town, cut off the signal, and let the villain die alone without knowing it. Plan B is the female host to watch the villain, stall for time, and let him not commit suicide first.

However, according to the results, it seems that both schemes have been successfully implemented — — The villain should not be dead yet, tied to the back of the boat and floating on the sea, and learned that the plan to destroy the world failed. The vengeful wife made him experience the feeling that his next life was worse than death … …

The reverse villain in the blue room (reverse time and space) threatens the female host.

The reverse villain in the blue room (reverse time and space) threatens the female host.

The revolving door in Tallinn originally belonged to the villain, and then reinforcements led by Ives arrived and occupied it. The reverse bullet of the villain in the heroine’s body, because it follows the law of inverse entropy, will continue to deteriorate in positive space-time, so it can only be treated in reverse space-time.

So the protagonist decided to take the hostess and Pattinson to reverse, and was transported to Oslo airport a week ago in a container to find a chance to heal her.

Why did you choose Oslo airport a week ago? Because the revolving door in Tallinn was guarded by the rebel forces before, the man was definitely shot dead when he came back from the reversal, so he had to find another exit.

A week ago, Oslo was in chaos because of the plane crashing into the building, and it was left unattended, which just happened to turn back to the positive direction. In terms of time, the journey time from the tower to Oslo is enough for the hostess to recover.

It is also because you don’t need to wear a mask, so even the wily villain (he also crossed back at this time, and he is still in the Ukrainian theater in the normal timeline) didn’t find that the last female host crossed back for revenge.

Tenet tidbits, Nolan and the man wearing a mask.

Tenet tidbits, Nolan and the man wearing a mask.

[What happened to the last ruins war? ]

The last battle on the ruins of Stalask-12 is the most complicated scene in the whole film, with a positive red team, a negative blue team, a positive enemy, a negative enemy, Pattinson, who once secretly turned positive, and parallel editing with the Vietnam Holiday Branch. The actual date coincides with the Ukrainian Grand Theatre, and the perspective is changeable and the role is divided, making people dazzled and fascinated.

If in the first half of the film, the man often gave the audience a lecture on popular science, Nolan had completely ignored the audience’s ability to keep up and let go of the filming himself. This scene is really wonderful, and it successfully pulls the emotional climax.

The red and blue teams fought against each other for ten minutes. When the red team starts, the blue team ends, and the blue team’s combat experience can be shared with the red team. The blue team is responsible for clearing the obstacles, and the red team rushes to the vicinity of the underground explosion source to cover the secret squad (composed of the red team captain Ives and the male leader) to take out the algorithm, and at the same time create the illusion that the bomb has failed (the villain installed the bomb to bury the algorithm underground, and the countdown is a bomb).

When the red and blue teams counted down for five minutes, the two teams bombed a building at the same time, and the cover team took the opportunity to enter the underground tunnel.

From the perspective of Pattinson Neil, the blue team, he saw a Russian mercenary who was against him ambush explosives at the entrance of the tunnel. So he quickly found the revolving door and turned forward, driving a jeep, trying to catch up with Ives and the man to remind them that there was a trap, but he didn’t catch up with it after pressing the horn for a long time (this part was taken from the perspective of the red team in the movie, showing that the entrance was bombed first, so I might not understand this part the first time).

Tenet tidbits photo

Tenet tidbits photo

The man and Ives forgot to bury the exit, found the algorithm and the mercenaries guarding it, and saw a sacrificial teammate with copper coins on his backpack lying on the ground. The villain arranged cages and locks here in advance, but the man couldn’t get in and watched the bomb explode.

On the eve of the explosion, the teammates lying on the ground suddenly stood up, blocked the bullets shot by mercenaries for the man, and then helped them open the lock. The man took the algorithm, and his teammates turned and ran out of the tunnel, driving a jeep and pulling the man, Ives and the algorithm up with a thick rope. The task was successful.

From Pattinson’s point of view, the last step was positive. He first pulled them up with a rope, then turned back in the opposite direction with the revolving door again, went down and opened the lock, and finally stopped the gun for the protagonist to die.

Fired a reverse gun at the Ukrainian Grand Theatre, stopped the man from killing himself masked in the Oslo Freeport, brought reinforcements led by Ives in Tallinn to rescue the man and the woman, dragged the man out of the frozen explosion car, pulled the rope with a jeep in the ruins battlefield, and finally blocked the bullet for the man … … Pattinson saved the man’s life at least six times in secret, and he is the patron saint of the man.

Tenet male master and male second

Tenet male master and male second

[So Neil finally died? ]

Yes, he died in that tunnel forever because he blocked the gun and exploded for the protagonist.

Who said goodbye to the man at the end of the film? Neil was secretly turned into a positive and temporary state in the middle of the war.

Neil told the man that we met in my past and your future. In other words, Neil was recruited by the future man (the real leader of Credo) and sent to travel back to the past to guide the young man to complete the task of saving the world. The whole movie shows a huge Temporal Pincer Movement.

The man and Neil have actually known each other for many years in the future and are close comrades-in-arms and friends. There is a hint at the beginning of the film, that is, Neil knew from the first meeting that the male host likes to drink diet coke.

The man and Neil met for the first time at the Royal Yacht Club in Mumbai.

The man and Neil met for the first time at the Royal Yacht Club in Mumbai.

So Neil has always been an informed, needle-piercing helper. He is nominally a middleman, and the actual goal is to protect the safety of the male owner — — At the expense of yourself.

He also knew his ending for a long time. The man asked if this was fate. His answer is reality. The first half of the film actually discussed the paradox of "free will" and "destiny takes a hand".

Pattinson’s role is by no means a tool for soy sauce. Only by understanding this film can we understand how affectionate and righteous Nolan has given him. The last farewell scene is so sad. Some netizens said Neil was "the most heartbreaking angel man this year".

??— — Neil explained what "I am waiting for you at the end of time" with life.

There are still many viewers wondering how to understand "dead in the present, but friends in the future"?

You can’t understand the whole movie with the conventional concept of time. Neil is a future person, and the villain is also a future person, and both destruction and salvation happen in the past. Like Mobius ring, you need to try to think outside the linear thinking.

Group photo of four starring Tenet.

Group photo of four starring Tenet.

[Neil is actually the son of a grown-up woman? ]

Some netizens at home and abroad mentioned this brain hole. The author thinks that although Nolan didn’t express it, it makes sense.

First of all, the film seems to deliberately avoid shooting the front face of the little boy. From the side face, he is a blond child, much like Pattinson.

Secondly, some netizens think that Neil’s feelings for the hostess are very gentle and deep, especially when taking care of her in the critical period. This is not obvious;

The last age may be roughly right — — The man recruited Neil in the future, so Neil is likely to be a teenager and a boy now. Since the future man trusts Neil so much, it may be because he has known him since he was a child.

As for why Max changed his name to Neil, it’s not surprising. Shouldn’t the time-travel agent change his name?

[What does the last egg mean? ]

As mentioned earlier, the whole movie is actually a symmetrical loop structure, so the last scene where the man secretly protects the woman and her son and kills the Indian female arms dealer can actually be regarded as an egg.

In this scene, all the other characters are in a normal timeline (after the success of saving the world), while the man came back from a little later time. He gave the woman a phone call and told her to send a signal when she was in danger, but in fact, the man received the news through surveillance video in the future and then crossed back to stop the danger. When he shot an Indian woman, she didn’t give a signal.

The man knew that Priya was not a trustworthy person, and he knew that she would kill her, so he had long been eyeing her. At the beginning, she was educated to learn to look at the timeline in a different way. In the end, the man really ended her sinful life in this way.

In the first half of the film, the man and the Indian female arms dealer Priya

In the first half of the film, the man and the Indian female arms dealer Priya

[finally]

In fact, there are many interesting details in Tenet — —

For example, the logo of the opening title Warner and Nolan syncopy was dyed into one red and one blue, echoing the positive and negative directions in the film;

For example, Whitman’s poem "We live in a twilight world, and there are no friends at dusk" appears many times in the film, which not only implies the chaos of time and precious friendship, but also plays a twilight actor’s stalk;

For example, Nolan cooperated with a brand-new soundtrack, and the electronic music of visiting Freeport, Tallinn gun and drug depot and fire truck carjacking scenes was amazing. Someone has studied the soundtrack of this film and found that even the soundtrack has a clever loop structure design … …

More fun, waiting for fans to discover one by one.

Having explained so much, do you have a clearer understanding of Tenet? In fact, unless it’s structural/logical/detail control, it’s good to keep a state of incomprehension just like the male master.

Exactly the sentence: "Don’t try to understand it, feel it. Don’t try to understand it, just feel it. )

Tenet tidbits, Nolan and the male host are on the set.

Tenet tidbits, Nolan and the male host are on the set.

Ministry of Industry and Information Technology: China’s manufacturing industry is moving from China manufacturing to China creation.

  Cctv newsOn September 13th, the State Council Office held a press conference on "Promoting the Construction of a Powerful Country and Building a Powerful Network to Help Build a Well-off Society in an All-round Way".

  The Minister of the Ministry of Industry and Information Technology said that since the 18th National Congress of the Communist Party of China, historic achievements and changes have taken place in industrial and information development, which has significantly enhanced the country’s economic strength, scientific and technological strength and comprehensive national strength, and made important contributions to improving people’s quality of life and building a well-off society in an all-round way.

  First, the status of manufacturing power has been further consolidated.. Since 2010, China’s manufacturing industry has ranked first in the world for 11 consecutive years. Mainly reflected in: large volume, from 2012 to 2020, China’s industrial added value increased from 20.9 trillion yuan to 31.3 trillion yuan, of which the added value of manufacturing industry increased from 16.98 trillion yuan to 26.6 trillion yuan, accounting for nearly 30% of the global total. The system is complete. China’s industry has 41 categories, 207 middle categories and 666 sub-categories, making it the country with the most complete industrial system in the world. Of the 500 major industrial products, more than 40% have the highest output in the world. Competitiveness has been enhanced, and key industries such as photovoltaics, new energy vehicles, household appliances, smart phones and consumer-grade drones rank among the top in the world, and a large number of high-end brands such as communication equipment, construction machinery and high-speed rail have gone global.

  Second, major breakthroughs have been made in innovation in key areas.. Major projects have been reported frequently, such as the return of extraterrestrial objects from Chang ‘e V, the launch of Mars exploration by Tianwen-1, and the successful bottom of the 10,000-meter trench of Endeavor, setting a new record for deep space and deep sea exploration in China. The Beidou-3 global satellite navigation system has been fully completed, creating a new era of independent global satellite navigation in China. The world’s first million-kilowatt hydro-generator set was officially put into production, marking a new leap in China’s major equipment manufacturing. There are many bright spots in big countries. The first domestic aircraft carrier was installed, C919 large passenger plane was tested, the world’s largest and most technically difficult Three Gorges vertical ship lift was put into operation, the world’s most advanced ultra-deep water drilling platform was built and put into operation, the world’s first set of 8.8m ultra-large mining height intelligent mining equipment was successfully developed, and UHV power transmission and transformation, large-scale tunneling equipment, large-scale coal chemical equipment and metal nano-structured materials were among the top in the world, marking the continuous improvement of China’s manufacturing level.China’s manufacturing industry is moving from China manufacturing to China creation..

  Third, the industrial structure was accelerated and upgraded.. The leading role of high-tech manufacturing and equipment manufacturing has been significantly enhanced, and the proportion of high-tech manufacturing in the added value of industrial enterprises above designated size has increased from 9.4% in 2012 to 15.1% last year; The proportion of equipment manufacturing industry in the added value of industrial enterprises above designated size has increased from 28% to 33.7%, and its contribution rate to the growth of industrial enterprises above designated size will exceed 70% in 2020. Traditional industries have gained new vitality, and great achievements have been made in resolving excess capacity, and the goal of removing 150 million tons of steel industry capacity in the "Thirteenth Five-Year Plan" has been achieved two years ahead of schedule. The proportion of technological transformation investment in industrial investment has increased to 47.1%, and new technologies, new materials, new equipment and new processes have been widely used. The sales revenue of new products of industrial enterprises above designated size has increased to about 20% of the main business income.

  At the same time, the energy consumption of added value of industrial units above designated size dropped by 16% in the 13th Five-Year Plan. The digital transformation of manufacturing industry has been accelerated in an all-round way. The numerical control rate of key processes in key areas has increased from 24.6% in 2012 to 52.1% in 2020, and the penetration rate of digital R&D and design tools has increased from 48.8% to 73%. The industrial regional layout has been continuously optimized, and the leading role of key areas such as Beijing-Tianjin-Hebei, Yangtze River Delta and Guangdong-Hong Kong-Macao Greater Bay Area has been further enhanced. A large number of advanced manufacturing clusters have been formed in the fields of electronic information, rail transit, construction machinery and automobiles.

  Fourth, the strength of manufacturing enterprises has increased significantly.. The backbone leading enterprises have accelerated their development and growth. The total assets and operating income of the top 500 manufacturing enterprises in China have increased from 19.7 trillion yuan and 21.7 trillion yuan in 2012 to 39.19 trillion yuan and 37.4 trillion yuan in 2020 respectively. In the latest list of the world’s top 500 enterprises, 73 enterprises in China’s industrial field were shortlisted, 28 more than in 2012, with a very large increase. Small and medium-sized enterprises are very active in entrepreneurial innovation, and their professional level has been continuously improved. They have cultivated more than 40,000 "specialized and innovative" enterprises, more than 4,700 "little giant" enterprises and nearly 600 single champion enterprises in manufacturing. The main role of enterprise innovation has been significantly enhanced. In 2020, the total number of research and experimental development institutions and R&D expenditures of industrial enterprises above designated size have doubled compared with 2012, and the number of effective invention patent applications has more than tripled.

  Fifth, the information and communication industry has achieved a new leap.. The world’s largest optical fiber and mobile communication network will be built, the fixed broadband will be upgraded from 100 megabits to gigabit, and the optical network city will be fully built; Mobile communication has evolved from 4G to 5G, leading the world in network, industry and application. The global proportion of 5G base stations and terminal connections exceeds 70% and 80% respectively. The proportion of administrative villages and poverty-stricken villages connected with optical fiber and 4G is over 99%, and the problem of rural communication difficulties has been solved historically. Network application expands from consumption to production. Mobile payment is widely used, and online shopping, online learning and telemedicine have become new ways of working and living. The integration of new technologies such as 5G and industrial Internet with manufacturing industry has accelerated, and new scenes, models and formats such as collaborative R&D and design, unmanned intelligent inspection, digital factories and smart mines have flourished. The pace of digital industrialization and industrial digitalization has accelerated, and the digital economy has provided a strong impetus for sustained and healthy economic and social development.

Measures of People’s Republic of China (PRC) Municipality on Invoice Management

Notes to the State Council Order No.764 of People’s Republic of China (PRC)’s invoice management measures: (On December 12, 1993, the State Council approved the issuance of Order No.6 of the Ministry of Finance on December 23, 1993, which was first revised according to the Decision of the State Council on Amending the Measures for People’s Republic of China (PRC)’s Invoice Management on December 20, 2010 and second revised according to the Decision of the State Council on Amending Some Administrative Regulations on March 2, 2019. According to the Third Revision of the Decision of the State Council on Amending and Abolishing Some Administrative Regulations on July 20, 2023) Chapter I General Provisions Article 1 In order to strengthen invoice management and financial supervision, safeguard national tax revenue and maintain economic order, these measures are formulated in accordance with the Law of People’s Republic of China (PRC) on Tax Collection and Management. Article 2 Units and individuals that print, collect, issue, obtain, keep and hand in invoices within the territory of People’s Republic of China (PRC) (hereinafter referred to as units and individuals that print and use invoices) must abide by these Measures. Article 3 The term "invoice" as mentioned in these Measures refers to the receipt and payment vouchers issued and collected during the purchase and sale of commodities, the provision or acceptance of services and other business activities. Invoice includes paper invoice and electronic invoice. Electronic invoices and paper invoices have the same legal effect. The state actively promotes the use of electronic invoices. Article 4 The management of invoices shall adhere to and strengthen the leadership of the Party and serve the economic and social development. The competent tax authorities in the State Council are responsible for invoice management throughout the country.The tax authorities of provinces, autonomous regions and municipalities directly under the Central Government shall, according to their duties, do a good job in invoice management within their respective administrative areas. Finance, auditing, market supervision and management, public security and other relevant departments shall, within the scope of their respective duties, cooperate with the tax authorities to do a good job in invoice management. Article 5 Specific measures for the administration of the types, copies, contents, coding rules, data standards and scope of use of invoices shall be formulated by the competent tax authorities of the State Council. Article 6 Any unit or individual may report acts that violate the laws and regulations on invoice management. The tax authorities shall keep confidential the informer and reward him as appropriate. Chapter II Printing of Invoices Article 7 Special invoices for value-added tax shall be printed by enterprises determined by the competent tax authorities of the State Council; Other invoices shall be printed by enterprises determined by the tax authorities of provinces, autonomous regions and municipalities directly under the Central Government in accordance with the provisions of the competent tax authorities of the State Council. It is forbidden to print, forge or alter invoices without permission. Article 8 An enterprise that prints invoices shall meet the following conditions: (1) Obtaining a printing business license and a business license; (two) the equipment and technical level can meet the needs of printing invoices; (three) a sound financial system and strict quality supervision, safety management and confidentiality system. The tax authorities shall determine the enterprises that print invoices in accordance with the relevant provisions of government procurement. Article 9 When printing invoices, the national unified anti-counterfeiting special products for invoices determined by the competent tax authorities of the State Council shall be used. It is prohibited to illegally manufacture special anti-counterfeiting products for invoices. Article 10 Invoices shall be overprinted with the unified national invoice producer seal.The style of the unified national invoice producer seal and the requirements for invoice layout printing shall be stipulated by the competent tax department of the State Council. The invoice producer seal shall be made by the tax authorities of provinces, autonomous regions and municipalities directly under the Central Government. It is forbidden to forge the seal of invoice producer. The invoice shall be changed irregularly. Article 11 Enterprises that print invoices shall, in accordance with the unified provisions of the tax authorities, establish invoice printing management systems and storage measures. The use and management of invoice producer seal and invoice anti-counterfeiting special products shall be subject to the system of special person in charge. Article 12 An enterprise that prints invoices must print invoices in the style and quantity determined by the tax authorities. Article 13 Invoices shall be printed in Chinese. Invoices in ethnic autonomous areas may be printed with a common local national language. If there is a practical need, it can also be printed in both Chinese and foreign languages. Article 14 Invoices used by units and individuals in provinces, autonomous regions and municipalities directly under the Central Government shall be printed in the provinces, autonomous regions and municipalities directly under the Central Government, except for special VAT invoices; If it is really necessary to print in other provinces, autonomous regions and municipalities directly under the central government, the tax authorities of the provinces, autonomous regions and municipalities directly under the central government shall determine the enterprises that print invoices after consultation with the tax authorities of the provinces, autonomous regions and municipalities directly under the central government. It is forbidden to print invoices abroad. Chapter III Receipt of Invoices Article 15 Units and individuals that need to receive invoices shall go through the formalities of receipt of invoices with the competent tax authorities with the establishment registration certificate or tax registration certificate and the identity certificate of the agent. Receiving paper invoices,It shall also provide the impression of the special invoice seal made according to the pattern specified by the competent tax department of the State Council. The competent tax authorities shall, according to the business scope, scale and risk level of recipients, confirm the types, quantities and methods of recipients’ invoices within 5 working days. When receiving invoices, units and individuals shall report the use of invoices in accordance with the provisions of the tax authorities, and the tax authorities shall conduct inspections in accordance with the provisions. Article 16 Units and individuals that need to use invoices temporarily may directly apply to the tax authorities in the place of business for issuing invoices on the basis of written certificates of buying and selling commodities, providing or receiving services and engaging in other business activities and the identity certificate of the agent. If taxes should be paid in accordance with the provisions of tax laws and administrative regulations, the tax authorities should collect taxes first and then issue invoices. According to the needs of invoice management, the tax authorities may entrust other units to issue invoices in accordance with the provisions of the competent tax authorities in the State Council. Illegal invoicing is prohibited. Article 17 A unit or individual who temporarily engages in business activities outside the province, autonomous region or municipality directly under the Central Government shall, on the strength of the certificate of the local tax authority, receive the invoice of the place of business from the tax authority of the place of business. Measures for collecting invoices for temporary business activities across cities and counties within the province, autonomous region or municipality directly under the Central Government shall be formulated by the tax authorities of the province, autonomous region or municipality directly under the Central Government. Chapter IV Issuance and Custody of Invoices Article 18 Units and individuals that sell commodities, provide services and engage in other business activities shall collect money from foreign business operations, and the payee shall issue invoices to the payer;Under special circumstances, the payer will issue an invoice to the payee. Nineteenth all units and individuals engaged in production and business activities shall obtain invoices from the payee when purchasing goods, receiving services and engaging in other business activities. When obtaining an invoice, it is not allowed to change the name and amount. Twentieth invoices that do not meet the requirements shall not be used as financial reimbursement vouchers, and any unit or individual has the right to refuse. Twenty-first invoices shall be issued in accordance with the prescribed time limit, sequence and columns, all of which shall be issued in one lump sum, and paper invoices shall be stamped with special invoices. No unit or individual may commit the following acts of falsely issuing invoices: (1) Issuing invoices for others and for themselves that are inconsistent with the actual business conditions; (two) let others issue invoices for themselves that are inconsistent with the actual business situation; (three) introduce others to issue invoices that are inconsistent with the actual business situation. Twenty-second units and individuals that install tax control devices shall use tax control devices to issue invoices in accordance with the provisions, and submit the invoice data to the competent tax authorities on schedule. Where non-tax-controlled electronic devices are used to issue invoices, the software program description data of non-tax-controlled electronic devices shall be reported to the competent tax authorities for the record, and the invoice data shall be kept and submitted in accordance with the regulations. Units and individuals that develop electronic invoice information systems for their own use or provide electronic invoice services for others shall abide by the provisions of the competent tax authorities of the State Council.Article 23 Any unit or individual shall use invoices in accordance with the provisions on invoice management, and shall not commit any of the following acts: (1) Lending, transferring or introducing others to transfer invoices, invoice producer seals and special anti-counterfeiting products for invoices; (2) Receiving, issuing, storing, carrying, mailing or transporting invoices that are printed, forged, altered, illegally obtained or abolished without authorization; (three) the use of invoices; (4) Expanding the scope of use of invoices; (5) Use other vouchers instead of invoices; (6) Stealing, intercepting, tampering, selling or disclosing invoice data. The tax authorities shall provide convenient channels for inquiring the authenticity of invoices. Twenty-fourth except for special circumstances stipulated by the competent tax authorities in the State Council, paper invoices are limited to recipients and individuals in the province, autonomous regions and municipalities directly under the central government. The tax authorities of provinces, autonomous regions and municipalities directly under the Central Government may prescribe measures for issuing paper invoices across cities and counties. Twenty-fifth except for special circumstances stipulated by the competent tax authorities of the State Council, no unit or individual may carry, mail or transport blank invoices across the prescribed use areas. It is forbidden to carry, mail or transport blank invoices into or out of the country. Twenty-sixth units and individuals that issue invoices shall establish a registration system for the use of invoices, cooperate with the tax authorities for identity verification, and regularly report the use of invoices to the competent tax authorities. Twenty-seventh units and individuals that issue invoices shall go through the formalities of changing or canceling the tax registration at the same time.Twenty-eighth units and individuals that issue invoices shall store and keep invoices in accordance with relevant state regulations, and shall not damage them without authorization. Stubs of invoices that have been issued shall be kept for 5 years. Chapter V Inspection of Invoices Article 29 The tax authorities have the right to conduct the following inspections in invoice management: (1) Check the printing, receiving, issuing, obtaining, keeping and cancellation of invoices; (2) Inspection of transferred-out invoices; (3) Consulting and copying vouchers and materials related to invoices; (4) Asking the parties about issues and situations related to invoices; (five) when investigating and handling invoice cases, you can record, record, video, photograph and copy the information and materials related to the case. Thirtieth units and individuals that print and use invoices must accept the inspection by the tax authorities according to law, truthfully reflect the situation and provide relevant information, and may not refuse or conceal it. Tax officials shall show their tax inspection certificates when conducting inspections. Article 31 When the tax authorities need to transfer the issued invoices out for inspection, they shall issue invoices to the inspected units and individuals to exchange tickets. The invoice exchange certificate has the same effect as the invoice transferred out for inspection. Units and individuals who have been transferred out to check invoices shall not refuse to accept them. When the tax authorities need to transfer blank invoices out for inspection, they shall issue receipts; If there is no problem after investigation, it shall be returned in time. Article 32 If the tax authorities have doubts about the invoices or vouchers related to tax payment obtained by units and individuals from outside China,They may be required to provide confirmation certificates from overseas notaries or certified public accountants, which can only be used as vouchers for accounting after being examined and approved by the tax authorities. Chapter VI Penalty Provisions Article 33 If anyone violates the provisions of these Measures in any of the following circumstances, the tax authorities shall order him to make corrections and may impose a fine of less than 10,000 yuan; Illegal income shall be confiscated: (1) invoices should be issued but not issued, or invoices are not issued in a lump sum in accordance with the prescribed time limit, sequence and columns, or special invoices are not stamped; (two) using the tax control device to issue invoices, and failing to submit the invoice data to the competent tax authorities on schedule; (3) using non-tax-controlled electronic devices to issue invoices, failing to report the software program description data used by non-tax-controlled electronic devices to the competent tax authorities for the record, or failing to save and submit the invoice data in accordance with regulations; (four) the use of invoices; (5) Expanding the scope of use of invoices; (6) Using other vouchers instead of invoices; (7) Invoicing across prescribed areas; (8) Failing to pay the cancellation invoices in accordance with the provisions; (9) Failing to store and keep invoices in accordance with regulations. Article 34 Whoever carries, mails or transports blank invoices across the prescribed use areas, or carries, mails or transports blank invoices into or out of the country, shall be ordered by the tax authorities to make corrections and may be fined not more than 10,000 yuan; If the circumstances are serious, a fine of not less than 10 thousand yuan but not more than 30 thousand yuan shall be imposed; Illegal income shall be confiscated. Lost invoices or damaged invoices without authorization,Punish in accordance with the provisions of the preceding paragraph. Thirty-fifth in violation of the provisions of these measures, the tax authorities shall confiscate the illegal income; If the amount of false issuance is less than 10,000 yuan, a fine of less than 50,000 yuan may be imposed; If the amount of false issuance exceeds 10,000 yuan, a fine of 50,000 yuan to 500,000 yuan shall be imposed; If a crime is constituted, criminal responsibility shall be investigated according to law. Whoever issues invoices illegally shall be punished in accordance with the provisions of the preceding paragraph. Article 36 Whoever prints, forges or alters invoices privately, illegally manufactures special products for anti-counterfeiting of invoices, forges invoices’ producer seals, and steals, intercepts, falsifies, sells or divulges invoice data, the tax authorities shall confiscate the illegal income, confiscate and destroy tools and illegal articles, and impose a fine of not less than 10,000 yuan but not more than 50,000 yuan; If the circumstances are serious, a fine of not less than 50,000 yuan but not more than 500,000 yuan shall be imposed; If a crime is constituted, criminal responsibility shall be investigated according to law. The punishment prescribed in the preceding paragraph shall be implemented in accordance with the provisions of the Law of People’s Republic of China (PRC) Municipality on the Administration of Tax Collection. Article 37 In any of the following circumstances, the tax authorities shall impose a fine of not less than 10,000 yuan but not more than 50,000 yuan; If the circumstances are serious, a fine of not less than 50,000 yuan but not more than 500,000 yuan shall be imposed; Illegal income shall be confiscated: (1) Lending, transferring or introducing others to transfer invoices, invoices producer seals and special anti-counterfeiting products for invoices; (2) Accepting, issuing, storing, carrying, mailing or transporting invoices that are printed, forged, altered, illegally obtained or abolished without authorization.Thirty-eighth units and individuals who violate the provisions on invoice management for more than two times or if the circumstances are serious, the tax authorities may announce to the public. Article 39 In case of violation of the laws and regulations on invoice management, resulting in non-payment, underpayment or fraudulent tax payment by other units or individuals, the illegal income shall be confiscated by the tax authorities, and a fine of less than 1 time of the unpaid, underpaid or fraudulent tax may be imposed. Article 40 If a party refuses to accept the punishment decision of the tax authorities, he may apply for administrative reconsideration or bring an administrative lawsuit to the people’s court according to law. Article 41 Tax officials who take advantage of their functions and powers to deliberately make things difficult for units and individuals who print and use invoices, or who violate the laws and regulations on invoice management, shall be punished in accordance with the relevant provisions of the state; If a crime is constituted, criminal responsibility shall be investigated according to law. Chapter VII Supplementary Provisions Article 42 The competent tax authorities in the State Council may, in accordance with the special business methods and business needs of the relevant industries, formulate measures for the administration of invoices in conjunction with the relevant competent departments in the State Council. The competent tax authorities in the State Council may, according to the special needs of the management of special VAT invoices, formulate specific measures for the management of special VAT invoices. Article 43 These Measures shall come into force as of the date of promulgation. The Interim Measures for the Administration of National Invoices issued by the Ministry of Finance in 1986 and the Interim Provisions on the Administration of Invoices for Enterprises with Foreign Investment and Foreign Enterprises issued by the former State Taxation Bureau in 1991 shall be abolished at the same time.

Japanese media: the vice president of the United States rarely pointed out that the Japanese constitution was drafted by the United States

  BEIJING, Aug. 16 (Xinhua) According to Japanese media reports, US Vice President Biden criticized Trump, the Republican presidential candidate who made nuclear remarks in Japan and other countries, on the 15 th of this month, saying that "the Japanese Constitution that advocates (Japan) cannot become a nuclear-armed country is written by us (the United States). Does he not know this?"

  According to reports, Biden made the above remarks when attending a rally of Democratic presidential candidate Hillary Clinton in Pennsylvania in the eastern United States.

  In view of the Japanese Constitution based on the draft of the Allied Forces General Command (GHQ) in Japan, there is an idea of "imposing constitutional theory" in the Liberal Democratic Party of Japan, and American politicians clearly point out that it is rare to draft it by the United States.

  Biden believes that Trump lacks diplomatic common sense and has no willingness to learn, pointing out that he does not have the qualification to "know the nuclear weapon launch code" as president.

  It is reported that Biden also said in an interview with the American media in June that "Japan has the ability to develop nuclear weapons overnight."

Highlights of retail week: Dicos, Yanji closed the store again; Suning.cn rumors bankruptcy rumors, overseas retailers’ performance rose sharply.

[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.

(Editor: Wang Zhiqiang HF013)