Why did the GDP of the Song Dynasty account for 75% of the world’s total, but it still couldn’t beat the enemy in the north?

Generally, dynasties in history can maintain relatively abundant martial arts from the early days to the peak of their national strength, but in the Song Dynasty, the population accounted for 35% of the world and the GDP accounted for 75% of the world. From today’s point of view, it is a standard world power, but it seems that it still can’t compete with the Liao country in the north. What caused this rare situation in history?

Full-domain map of northern song dynasty

1. The right to release soldiers by drinking a glass of wine opened up the armed policy of the Song Dynasty, which was different from that of the previous generation.

In the early years of the Northern Song Dynasty, the army could not defeat Liao, or it was impossible to defeat Liao after Zhao Kuangyin’s death. This is mainly because the Northern Song Dynasty and Liao State were fundamentally under two different systems. The difference in system determines the strength of their army.

The Liao army or the military organization of the Khitans did not fight against the Central Plains army until the establishment of the Northern Song Dynasty. Not to mention the early tribal ambush in the Tang Dynasty, there were several records of Qidan troops going south to conquer the Central Plains in the Five Dynasties. In the confrontation with the five dynasties warlords at that time, both sides won and lost. However, the Liao army never occupied an absolute advantage, or gained a great advantage in a certain aspect. There is even an embarrassing record that after the warlord troops surrounded the five dynasties, they were rushed out of the position by their opponents and defeated the whole army.

2. In the Five Dynasties, the Khitans fought against the Central Plains Army.

However, it was also in the Five Dynasties that warlords or local military groups of our time all posed a great threat to centralization. Therefore, the political development of the Five Dynasties gradually developed from the initial late Tang model to the Northern Song model. Militarily, this development path is concentrated in the deployment of local elite soldiers to serve in the imperial army in the capital. The weakness of the border guards after the Northern Song Dynasty was the final result of this evolutionary route.

3. The areas that traditionally produced high-quality soldiers were not in the actual control area of Song Dynasty.

On the other hand, as several border regions with strong fighting in the Tang Dynasty, the Northern Song Dynasty basically didn’t touch any of them. In addition to occupying part of Hedong area, Youzhou and the whole Hetao are not under their actual control. These places are exactly the places that are the easiest to produce high-quality soldiers from the Han Dynasty to the Tang Dynasty. Because the local people have lived on the border between nomadic and farming culture for a long time, they are good at fighting and martial arts, and their folk customs are extremely tough. A large number of defectors from Central Asia and grasslands will also be stationed in the local area. These conditions are beyond the reach of mainland military sources.

The status of soldiers was suppressed to a very low level in Song Dynasty, and they were like slaves.

Since the military base is not good, and the military power and status of generals are not guaranteed, the army naturally cannot have good combat effectiveness. Even if it inherited the imperial army left by Zhao Kuangyin and the remaining Shatuo cavalry at that time, it would soon take the initiative to degenerate under this repressive system.

5. Liao country is also centralized, but it is more like the Federation.

On this basis, the Central Army of Liao State was established, including a large number of cavalry units and corresponding light cavalry forces. There are also many original Qidan aristocratic troops in the local area, which exist in the form of similar private armies. However, these private armies have never become subversive forces to overthrow the legalists, which is the advantage of the Liao federal system. Ordinary local soldiers are also feudal cavalry who depend on land for their livelihood. People with a certain status will have a small number of vassals. In battle, they will form a cavalry unit with the smallest unit.

6. Local autonomy provided Liao with a strong local army.

As for the local troops composed of other ethnic groups, including Han, Xi, Bohai, Mongolian and some Shatuo people, they all have their own infantry and cavalry organizations. The former may rely on cities and villages as units, while the latter may exist as units of cavalry or feudal leaders. When they faced Song Jun, they were often willing to play for Liao. In fact, it is also protecting its own way of life from being eroded by the more northern song dynasty.

These are the reasons why the Northern Song Dynasty could not defeat the Liao army in the founding of the People’s Republic of China. This reason is also accompanied by all the periods when the two dynasties coexisted, even when the Liao regime was wiped out by the Jin Jurchen.

Typhoon Mikla made landfall in Fujian today due to heavy rainfall in the north.

  BEIJING, Beijing, August 11 th In early August, the rain in the south was temporarily suspended, and the hot weather went online again, while the northern region was "relayed" with heavy precipitation. Meteorological monitoring shows that there are frequent rains in most parts of the north this week, and the rainfall in Beijing, Tianjin and Hebei will reach the strongest since the flood season. At the same time, the sixth typhoon "Mikla" this year may land in Fujian today, and there will be strong winds and rainfall in the coastal areas.

  On the evening of August 9, Beijing citizens waded in the rain. On the same day, the Beijing Meteorological Observatory released the precipitation (mm) from 18: 00 to 23: 00: the average in the city was 17.9, and the average in the urban area was 28.1. There are 7 or 8 gusts in most areas, and the local level reaches 9 to 11. China News Service reporter Tian Yuxi photo

  Large-scale heavy rainfall in the north: the rainfall in Beijing, Tianjin and Hebei may be the strongest since the flood season.

  In early August, the rainfall in the north became more and more frequent, and the rainfall gradually increased. A new round of heavy precipitation will spread to more than ten provinces.

  The Central Meteorological Observatory predicts that there will be a heavy rainfall process in the eastern part of northwest China, North China, Northeast China and Huanghuai from the night of the 10th to the 13th. Among them, there are heavy rains and local heavy rains in parts of southern Gansu, southwestern Shaanxi, northern Henan, southwestern Shanxi, northern and southern Hebei, Beijing, northern Tianjin, Liaoning and other places.

  During this round of precipitation, on the 12th, rainfall in the north will enter its peak period, with heavy rains in parts of the eastern part of northwest China, northern and southern parts of North China, central and southwestern Inner Mongolia, and southwestern Liaoning.

  In addition, the cumulative rainfall of this round of rainfall is relatively large. The cumulative rainfall in southeastern Gansu, southwestern Shaanxi, northern and western mountainous areas of Beijing, northern Hebei, central and eastern Liaoning is 60-120 mm, and the local area can reach 150-180 mm. The rainfall in Beijing, Tianjin, Hebei, Liaoning and other places will reach the strongest since the flood season.

  Meteorologists reminded that due to heavy rainfall, the upper reaches of the Yangtze River, Haihe River, Liaohe River and other basins need to do a good job in flood control and urban and rural waterlogging defense. At present, the No.3 flood of the Yellow River is evolving towards the middle and lower reaches. On the 9th, the Ministry of Water Resources asked for scientific dispatching of Xiaolangdi and Longyangxia reservoirs. At the same time, we should take into account the use of sediment discharge in the reservoir to prevent reservoir siltation and maintain the benign operation of the project.

  Some rivers in the northern region have not come to the water for many years, and the local cadres and masses are not aware of flood control and have insufficient experience in dealing with floods. The Ministry of Water Resources requires that local governments should be urged to do a good job in forecasting, forecasting and early warning, dike inspection, reservoir safety flood control and rainstorm prevention.

  Typhoon "Mikla" struck. On the afternoon of August 10th, the staff of Quanzhou Maritime Bureau urged the ships in the area to anchor in safe waters in advance. Zeng Xiaomei

  Typhoon Mikla may land in Fujian today.

  August is the month with the largest number of typhoons in a year, with an average of 5.7 typhoons. Recently, the subtropical high has moved northward, leaving room for typhoon activities in the northwest Pacific Ocean and the South China Sea, and typhoons are active again.

  The tropical depression in the South China Sea was intensified to Typhoon Mikla No.6 this year on the morning of the 10th, and it was intensified from tropical storm level to strong tropical storm level at 5pm, with its center located on the sea about 390km south of Xiamen, Fujian.

  The Central Meteorological Observatory predicts that Mikla will move northward at a speed of 25-30 kilometers per hour, and its intensity will be strengthened. It will land in the coastal area from Zhangpu to Pingtan in Fujian on the morning of the 11th (23-28 m/s, 9-10, tropical storm level or strong tropical storm level), and its intensity will gradually weaken after landing. Affected by it, from 14: 00 on the 10th to 14: 00 on the 11th, there will be 6-7 gale along the coast of Taiwan Province Island and Fujian, and there will be heavy rain in eastern Fujian and south-central Taiwan Province, with local heavy rain (100-110 mm). The Central Meteorological Observatory issued a yellow typhoon warning at 18: 00 on August 10th.

  At present, all parties are already making arrangements to cope with the possible impact of the typhoon.

  The Fujian Provincial Flood Control Office requires that all offshore fishing boats located in Minnan Fishing Ground and Yuzhong Fishing Ground must be evacuated to Hong Kong before 18: 00 on the 10th. Construction ships, unpowered ships and traffic ships along the coast south of Fuzhou will all stop working; Passenger ferries are suspended in time in strict accordance with the regulations on the prohibition and restriction of navigation in bad weather; Scenic spots, projects and construction sites are closed.

  The National Defense General launched a Class IV emergency response to flood control and typhoon prevention at 16: 00 on August 10th, and the National Defense General Working Group rushed to Fujian at noon on the 10th to guide and assist in typhoon prevention.

  Considering that Typhoon No.6 will land on the coast of Fujian on the morning of the 11th this year, Beijing-Tianjin-Hebei, Liaoning and other places will have the strongest rainfall since the flood season, and there will also be persistent heavy rain or heavy rain in the western Sichuan Basin. After comprehensive judgment and emergency consultation, China Meteorological Bureau launched a three-level emergency response to major meteorological disasters such as rainstorm and typhoon.

  On August 10, Chongqing citizens surfed to cool off. Photo by Yang Xiaoyong

  The heat is back! High temperature weather appears in the middle and lower reaches of the Yangtze River.

  As the rain belt moves northward, the heavy rainfall in the south has weakened, but what follows is the overwhelming high temperature weather.

  The Central Meteorological Observatory predicts that in the next three days, there will be high temperature weather above 35℃ in Jiangnan, north-central South China, Sichuan Basin, Jianghuai, Jianghan and southern Xinjiang Basin, with the highest temperature reaching 37 ~ 39℃ in some areas and above 40℃ in local areas.

  Even in the longer-term medium-term weather, this high temperature trend has not eased. In the next 10 days, there will be hot weather with the highest daily temperature of 35 ~ 37℃ for 4 ~ 8 days in Jiangnan, Jianghuai, northeastern South China and eastern Sichuan Basin, which can reach 38 ~ 40℃ locally.

  According to the meteorological data, among the provincial capital cities, Chongqing and Fuzhou are among the best cities with high temperature days in August. The number of high temperature days in Chongqing is 12.1, which is the month with the most high temperature days in a year, while that in Fuzhou is 10.9.

  Attention should be paid to the hot weather in the south of the Yangtze River from around August 11th. This is because the rain basically stops around the 11th, and the heat will come back quickly. Not only will the northern part of the Yangtze River return to the ranks of high temperature, but Jianghuai, Jianghan and other places will also heat up immediately, and Wuhan, Hefei and Nanjing may be hit by high temperature.

  Comparatively speaking, in the north where the rain is frequent, there is not much hot weather recently. Although the highest temperature in many places will be above 30℃, it will still be a little hot, but fortunately, the cooling will be more obvious when it rains heavily. (End)

Wuling Hongguang plus steering wheel function introduction

Explore the steering wheel charm of Wuling Hongguang PLUS

五菱宏光plus

Wuling Hongguang PLUS’s intelligent driving technology has led the new trend, and it is equipped with an advanced EPS electronic power steering system. When you drive, you don’t need to use too much force, just turn lightly and the steering wheel responds accurately.Farewell to the past of wrestling with mechanical powerThis design is designed to provide a more comfortable and convenient driving experience

In terms of steering performance, Wuling Hongguang PLUS excels, and the steering wheel responsiveness and accuracy meet the standards of family cars. It provides a steady steering force, and each lap is carefully adjusted to maintain flexibility without appearing too heavy. In daily driving, whether it is driving at high speed or low speed, the electric power assist system can seamlessly switch,Ensure lightness at low speeds and stability at high speeds

Wuling Hongguang PLUS knows that steering accuracy is not the only pursuit for the driver. It focuses more on driving comfort and practicality, so that the driver can enjoy a relaxed and pleasant handling experience during the daily journey. Therefore, although accuracy is not the core, it plays an important role in the overall driving experience.

Whether a novice or an experienced driver, the steering wheel design of Wuling Hongguang PLUS is designed to provide drivers with excellent handling and convenience, making every turn a relaxed and enjoyable experience.

Powell: It is still far from the time when the Fed will start to reduce its bond purchases and raise interest rates this year.

  China news agency, new york, August 27-Jerome Powell, chairman of the Federal Reserve Board of the United States, said at an online seminar on the 27th that the Federal Reserve may reduce its monthly bond purchases from this year. He also said that it is still far from raising interest rates for the first time.

  On the same day, the Federal Reserve Bank of Kansas City held the annual Jackson Hole Economic Seminar. The theme of this year’s conference was "Macroeconomic Policy under Unbalanced Economy", and Powell made a keynote speech via video link. He said that the US economy has experienced an unprecedented rapid decline due to the COVID-19 epidemic, and the road to recovery is difficult.

  Powell said that the goal of the Fed’s monetary policy is still to seek full employment and price stability. Recently, the labor market has made remarkable progress, and the inflation rate has made "substantial further progress" towards the goal. Like the point of view at the regular monetary policy meeting in July, he believes that it may be appropriate for the Fed to reduce its asset purchase plan from this year.

  Since December last year, the Federal Reserve has promised that it will continue to increase its holdings of US Treasury bonds at a rate of at least $80 billion per month and purchase institutional mortgage-backed securities at a rate of not less than $40 billion per month. In this speech, Powell said that he believes that even if asset purchases are completely stopped now, the long-term bonds held by the Federal Reserve in large quantities are enough to maintain loose financial conditions.

  On raising interest rates, Powell stressed that the timing and pace of reducing the asset purchase plan will not directly send a signal about the time of raising interest rates for the first time, and the criteria for considering whether to raise interest rates are not only different but also stricter than those for reducing the purchase of bonds. Citing a case in the 1950s, he pointed out that monetary policy makers should not try to offset short-term inflation fluctuations, because responding is likely to be counterproductive, especially when the target range of the federal funds rate is close to zero.

  The Wall Street Journal reported that the minutes of the July monetary policy meeting released by the Federal Reserve had shown that most officials believed that it might be appropriate to start reducing the asset purchase plan this year. Although Powell’s statement did not give a detailed timetable for code reduction, it made investors more convinced that the Fed is more likely to start reducing its bond purchases this year. In addition, his speech also revealed an important message, that is, it is still far from the time to raise interest rates for the first time.

  On the same day, the three major indexes of the US stock market rose collectively, among which the Nasdaq Composite Index and the Standard & Poor’s 500-stock index hit record highs at intraday and closing points. Bloomberg quoted analysts as saying that Powell’s speech was biased towards doves, and the market was more willing to accept doves’ remarks. In addition, investors continue to be optimistic about the $3.5 trillion infrastructure construction budget framework and subsequent economic data, and the market investment sentiment has not been affected by the reduction of bond purchase information.

  The annual Jackson Hole Symposium used to be held in Grand Teton National Park, Wyoming. In recent two years, due to the impact of the COVID-19 epidemic, the conference was adjusted to be held online. (End)

Rush to Zhengzhou for 48 hours

After the flood in Henan Province, the Ministry of Housing and Urban-Rural Development immediately coordinated the guidance of the system to help Henan Province carry out rescue and disaster relief, post-disaster recovery and supply protection. At 18:00 on July 21st, the rescue forces of the housing and urban-rural construction system in Hubei Province took the lead in setting out to aid Henan. Up to 18:00 today, five rescue teams continued to carry out rescue and relief work against time. The time nodes in these 48 hours finally formed the following timeline.

48 hours of wind "Yu" in the same boat, "live" you against disasters!

At 18:00 on the 21st, Hubei Provincial Housing and Urban-Rural Construction System Rescue Team set out.

Hubei Provincial Housing and Urban-Rural Construction System arranged for reinforcements to rush to Zhengzhou. Wuhan Water Affairs Department urgently dispatched 26 vehicles including 1 command vehicle, 16 large-scale pump trucks (Longshui) and 9 logistics support vehicles and 85 rescue and relief personnel, with a total pumping capacity of 41,300 cubic meters per hour.

At 21:30 on the 21st, Shandong Provincial Housing and Urban-Rural Construction System Rescue Team set out.

Shandong Provincial Department of Housing and Urban-Rural Development organized Jinan Water Affairs Bureau and Linyi Urban Management Bureau, and according to the instructions of the Ministry of Housing and Urban-Rural Development, quickly organized and arranged four forced-discharge pump trucks and three support trucks to support the flood fighting and rescue work in Zhengzhou, Henan Province overnight.

At 23:30 on the 21st, Shaanxi Housing and Urban-Rural Construction System Rescue Team set out.

Shaanxi Provincial Department of Housing and Urban-Rural Development acted quickly, and coordinated and organized a rescue team consisting of 47 people from Xi ‘an Urban Management and Comprehensive Law Enforcement Bureau, Xi ‘an Water Group, Xianyang Urban Management and Law Enforcement Bureau, Weinan Housing and Urban-Rural Development Bureau and Xixian New Area Urban Management and Transportation Bureau overnight; A total of 15 pumping and drainage projects and support vehicles, such as "dragon water absorption", drainage rescue vehicles and dredging vehicles, were dispatched; Carefully prepare all kinds of professional equipment, logistics support and epidemic prevention materials.

At 10:30 on 22nd, Zhengzhou Drainage Office provided logistics support.

After a period of intense rescue work, Zhengzhou Drainage Office sent oil and food to Shandong rescue team to provide logistical support.

At 11:40 on the 22nd, the rescue team of Shandong Provincial Department of Housing and Urban-Rural Development retreated 10 meters.

Near the First Affiliated Hospital of Zhengzhou University (Huiji Campus), Jingsha extends under the overpass in the north. After forced drainage for 4 hours, it drains more than 10,000 yuan, with a length of 10 meters, and the drainage effect is obvious.

At 12:30 on the 22nd, Zhengzhou citizens sent hot meals.

Hubei rescuers are preparing to eat bread and drink mineral water, and enthusiastic citizens have sent meals. Although the dishes are simple, the hot food warms the heart.

At 16:00 on the 22nd, the water level of Linyi Urban Management Bureau in Shandong Province dropped by 3.5 meters after pumping!

The rescue team sent by Linyi Urban Management Bureau of Shandong Province crossed the overpass under Longhai Road in Erqi District of Zhengzhou. After nearly 8 hours of intense operation, it pumped about 30,000 cubic meters and the water level dropped by about 3.5 meters.

At 17:00 on 22nd, the total displacement of Jinan Urban Construction Rescue Team was 30,000 cubic meters.

After nearly 7 hours of work by Jinan Urban Construction Rescue Team, the total displacement at the intersection of Jingguang Road and Hongda Road in Huiji District is about 30,000 cubic meters.

At 17:00 on the 22nd, Shaanxi rescue team pumped and drained 67,000 cubic meters.

Shaanxi Provincial Department of Housing and Urban-Rural Development has dispatched 15 pumping and drainage projects and support vehicles, such as "Dragon Suction", drainage rescue vehicles and dredging vehicles. As of 5 pm on the 22nd, Shaanxi Rescue Team had pumped and drained 67,000 cubic meters!

At 18:00 on the 22nd, Wuhan supported Zhengzhou rescue team to evacuate nearly 230,000 square meters.

As of 18: 00 on the 22nd, 16 dragon suction pump trucks supported by Zhengzhou rescue team deployed at 11 locations including Future Road, Chengdong Road and South Third Ring Road tried their best to drain the urban accumulated water, with a cumulative drainage of nearly 230,000 cubic meters, and the accumulated water decreased by 0.8-2.8 meters. The accumulated water in the underground passage of Chengdong Road and the underpass of huanghe road Interchange has been drained, which is qualified for traffic.

At 20:30 on the 22nd, the rescue team of Beijing Drainage Group pumped up about 9,000 cubic meters of water.

After Beijing Drainage Group supported Zhengzhou Emergency Commando to reach Zhengzhou, it cooperated with the disposal of two stagnant waters. The first place is the water accumulation point under the Beijing-Hong Kong-Macao Expressway Bridge on Zhengkai Road. A 3600 combined unit was put into use, and by 8:30 pm, about 5000 cubic meters of water was pumped up. The second place is the "east side of Qilihe South Road" water accumulation point, and three large units, namely two 1500-dragon suction pumps and a high-lift pump truck, have pumped up about 4000 cubic meters of water by 8:30 pm.

At 23:00 on the 22nd, the Shaanxi rescue team rotated to ensure that the rescue did not stop.

In order to fully ensure the safety of rescue team operators, equipment and operation, optimize the operation efficiency and improve the pumping capacity, the temporary headquarters of Shaanxi Rescue Team organized a comprehensive investigation at night, inspected the drainage situation at points on the spot, checked the operation status of equipment, rationally arranged personnel grouping, and established a shift rotation system to ensure that the work was not stopped and the equipment was not stopped.

2The rescue team of Anhui Provincial Department of Housing and Urban-Rural Development set out late at night on the 2nd.

The Housing and Urban-Rural Development Department of Anhui Province urgently organized Huaibei, Bozhou and Bengbu to mobilize five emergency power pump trucks (pumping capacity of 10,600 cubic meters per hour), one engineering rescue vehicle and three material support vehicles, with a total of 9 drainage rescue vehicles and 29 rescue personnel. On July 22, they went to Zhengzhou overnight to carry out emergency drainage and rescue work.

At 0:00 on the 23rd, Wuhan Rescue Team tackled the problem of waterlogging points in Hongzhuan Road Tunnel.

Wuhan Rescue Team mobilized its strength to tackle the problem of waterlogging in Hongzhuan Road Tunnel in Zhengzhou City, and concentrated on five dragon suction pump trucks in Hanyang District, Qiaokou District, Jiang ‘an District, Economic Development Zone and Caidian to grab and drain waterlogging.

At 5:00 on the 23rd, the rescue team in Wuhan, Hubei Province pumped about 100,000 cubic meters of water.

The future road tunnel, which has attracted much attention, ended pumping at 5: 30 am on July 23 and entered the site cleaning stage.
The rescue team in Wuhan City, Hubei Province pumped the pump truck for 24 hours, with a total pumping capacity of about 100,000 cubic meters, successfully breaking through the tunnel traffic bottleneck.

At 8:00 on the 23rd, the backwater length of Jingsha North Extension underpasses the overpass in Huiji District is 45 meters.

After 24-hour uninterrupted operation, the Jingsha North Extension of Huiji District of Zhengzhou City, which is in charge of rescue support by Shandong Rescue Team, drained about 50,000 cubic meters and the length of water withdrawal was 45 meters.

At 8:30 on the 23rd, Anhui Rescue Team rescued the victims.

Huaibei Housing and Urban-Rural Development Bureau started to work under the overpass of Xishan Road Railway in Zhengzhou.

At 12:40 on the 23rd, the rescue team of Beijing Drainage Group pumped up the water accumulation point of Lianhu Road under the tunnel.

The third water accumulation point under the tunnel of Lianhu Road, which is under the responsibility of Beijing Drainage Group, began to be pumped up, with a pumping capacity of 2,700 cubic meters per hour.

At 13:00 on 23rd, Shaanxi rescue team completed the pumping and drainage under the Longhai Railway on Xinzheng Road.

Shaanxi rescue team pumped 25,000 cubic meters under the Longhai Railway in Xinzheng Road, Guancheng District, and basically finished pumping. The workers took off their wet shoes and took a nap, and the smile on their faces bloomed.

At 15:00 on the 23rd, the water level of the pedestrian underpass in the West Square of Anhui Rescue Team Railway Station dropped by 16 meters.

Zhengzhou Shinan Road Railway underpasses the overpass at 3: 00 pm. The water level of the pedestrian underpass in the west square of the railway station dropped by 16 meters, and the water level of Fulong International Community dropped by 2.2 meters.

At 18:00 on the 23rd, Wuhan Drainage Rescue Team pumped nearly 610,000 square meters.

As of 18: 00 on the 23rd, 16 dragon suction pump trucks of Wuhan Drainage Rescue Team at seven locations including Hongzhuan Road, South Third Ring Road and Weisi Road in Zhengzhou City tried their best to drain the urban accumulated water, with a cumulative drainage of nearly 610,000 cubic meters, and the accumulated water decreased by 1.2-4 meters.

The wind is in the same boat, and the rescue of housing and urban and rural construction systems is in progress!

Rectify the ills of illegal fund-raising from the source

On February 4th, the State Council released the Opinions on Further Improving the Prevention and Disposal of Illegal Fund-raising. The "Opinions" put forward the regulatory concept of "combining prevention with crackdown, cracking down early and cracking down on small ones", clarified the regulatory responsibilities for preventing and handling illegal fund-raising, based on establishing a long-term mechanism, and tried to solve the problem of illegal fund-raising flooding from the source by perfecting relevant laws and regulations. The reporter of Economic Daily interviewed relevant experts to interpret the Opinions.

Governance according to law, classification and policy

Experts believe that the Opinions fully embodies the concept of "managing illegal fund-raising according to law" and establishes the principle of classified policy.

Li Aijun, a professor at the School of Civil and Commercial Economics of China University of Political Science and Law, said that according to the requirements of the Opinions, the governance of illegal fund-raising should obey the established laws, and he also proposed that the established laws and related legislation in China should be revised in time according to the characteristics of illegal fund-raising. "At present, illegal fund-raising methods are being refurbished to avoid laws and regulations, which leads to the lag of existing laws and regulations. Perfecting the relevant legal system is an important way to cure illegal fund-raising. "

The cases of illegal fund-raising are complex, involving a wide range of aspects and strong policies. In order to effectively resolve contradictions and strive to achieve the organic unity of law enforcement and social effects, the Opinions have established the principle of strict handling according to law and classified policies.

Liu Weibo, the presiding judge of the Second Criminal Court of the Supreme People’s Court, said that according to the requirements of the Opinions, it is necessary to strictly distinguish between illegal fund-raising and legal private lending, and between criminal offences and administrative violations. If illegal fund-raising or illegal fund-raising does not constitute a crime according to law, and production and business activities can continue, it is necessary to actively help and guide enterprises to take the initiative to rectify and avoid expanding losses. At the same time, we must adhere to the criminal policy of combining leniency with severity, severely crack down on major criminal cases of illegal fund-raising in key areas, key regions and key links, and be lenient in accordance with the law if the illegally absorbed funds are mainly used for normal production and business activities and can be repaid in time.

At present, illegal fund-raising tends to spread to different regions and industries. To effectively prevent and deal with illegal fund-raising, it is necessary to strengthen leadership, participate in many parties and form a joint force. "The Opinions also emphasize the construction of a work pattern in which the division of labor is responsible for linkage and cooperation." Liu Weibo said.

Li Aijun said that at present, with the rapid spread and wide coverage of Internet technology, Internet-based illegal fund-raising has the characteristics of cross-sectoral, cross-regional, cross-industry and regional, and governance of Internet-based illegal fund-raising requires all-round cooperation.

The combination of dredging and plugging focuses on prevention

The prevention and disposal of illegal fund-raising is a long-term, complex and arduous systematic project. To effectively prevent and control the risk of illegal fund-raising, we must change our ideas, innovate our mechanisms and improve our methods. "The Opinions put forward the important concept of’ two combinations’, that is, the combination of prevention and suppression and the combination of unblocking." Liu Weibo said that the key to achieving the goal of early detection and early resolution of illegal fund-raising is prevention.

Among them, prevention means nip in the bud, and do a good job in monitoring and early warning, daily supervision, investigation and evaluation of illegal fund-raising risks; Fight, that is, fight early and fight small, and severely crack down on key areas, key areas and major vicious illegal fund-raising cases according to law; Sparse is to continuously improve the level of financial services through reform, broaden private investment and financing channels, vigorously develop inclusive finance, and effectively solve the contradiction between financial supply and demand; Blocking is to clarify the boundaries of policies and laws by improving laws and regulations, and resolutely block all kinds of illegal fund-raising and criminal activities carried out under the banner of production and operation, commodity trading, financial innovation and internet finance.

Liu Weibo believes that only by taking precautions in place, cracking down effectively, unblocking the right path, blocking evil paths, and taking multiple measures simultaneously can we get out of the strange circle of "letting chaos control death" and achieve the effect of treating both the symptoms and the root causes.

Peng Bing, a professor at Peking University Law School, said that once the risk of illegal fund-raising breaks out, it is often difficult to pay, and it is difficult for investors to recover their funds. The Opinions focus on prevention in cracking down on illegal fund-raising activities, which has strong practical significance.

The development of illegal fund-raising activities needs to rely on some channels that are convenient to the public, such as advertising, and various organizations that have obtained sales licenses to promote illegal wealth management products. Peng Bing said, "Setting up monitoring in these channels can detect illegal fund-raising activities as early as possible and nip them in the bud." The Opinions also proposes to strengthen the monitoring and inspection of advertisements.

Monitoring the capital flow is helpful for early detection of illegal fund-raising activities. "Most funds for illegal fund-raising activities need to go through financial institutions. Strengthening the monitoring of anti-money laundering by financial institutions will effectively find suspected illegal fund-raising activities in the early stage." Peng Bing said that the Opinions clarify that financial institutions should identify and report suspicious trading activities suspected of illegal fund-raising on the basis of anti-money laundering.

At the same time, the Opinions also emphasize the role of "publicity and education" in preventing and handling illegal fund-raising. "Through publicity and education for the masses, let them master certain basic knowledge and common sense of finance and law, which will not only make the masses invest more rationally, but also improve their self-protection ability, and will also play a guiding role in the whole society." Li Aijun said.

Carry out the responsibility without leaving a vacuum

Li Aijun believes that the Opinions further improve the responsibility mechanism for preventing and disposing of illegal fund-raising. For example, in the Opinions, it is clear that the provincial people’s government is the first responsible person to prevent and dispose of illegal fund-raising, and the local people’s governments at all levels should effectively implement the responsibilities of territorial management, and make detailed provisions on the scope of responsibility and the assessment methods of responsibilities of each responsible subject. This fully reflects the government’s determination to control illegal fund-raising. Only when the responsibility is clear and operational can it be truly implemented and effective, and it can ensure that there is no vacuum in the supervision and prevention of illegal fund-raising in all industries.

"In addition, the Opinions stipulate the responsibilities of relevant departments from the principle of whether supervision is linked to market access and industry management, which inhibits the current illegal fund-raising and use of the lack of supervision system to engage in illegal and criminal activities." Li Aijun said that the current illegal fund-raising with the help of Internet technology has circumvented the regulatory agencies and competent authorities. With the promulgation of the Opinions, local people’s governments at all levels will be responsible for the supervision and management of all kinds of "innovations" that evade regulatory agencies and competent institutions, which will fundamentally prevent the risks brought by all kinds of pseudo-innovations.

Liu Weibo said that while clarifying the main body of responsibility and refining the division of responsibilities, the Opinions put special emphasis on the accountability mechanism, and incorporated the prevention and disposal of illegal fund-raising into the comprehensive assessment and evaluation of leading bodies and leading cadres of people’s governments at all levels. The financial supervision department will also establish an accountability system while guiding and urging financial institutions to strengthen internal management, social propaganda, monitoring and reporting. (Reporter Chang Yanjun)

On the same day, the former leaders of two 3A hospitals were investigated.

Anti-corruption in the medical field continues.

Anhui Provincial Commission for Discipline Inspection and Supervision August 14th news: Du Pengfei, the former Party secretary of the Second Affiliated Hospital of Anhui Medical University, was suspected of serious violation of the law and discipline, and was currently under disciplinary review and supervision investigation by the Supervision Committee of Lujiang County Commission for Discipline Inspection.

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Du Pengfei (data map)

According to public information, Du Pengfei served as deputy secretary of the Party Committee, secretary of the Disciplinary Committee and executive vice president of the First Affiliated Hospital of Anyi University. In January 2011, relevant reports showed that he had served as secretary of the Party Committee of the Second Affiliated Hospital of Anyi University. In January 2018, he no longer served as secretary of the Party Committee. In 2019, relevant reports showed that he served as vice president of the Anhui Medical Association.

According to relevant information, after retirement, he also worked in a private hospital.

On the afternoon of August 11th this year, the Supervision Committee of the Commission for Discipline Inspection of Anhui Province held a video conference of the Supervision Committee of the Commission for Discipline Inspection at the provincial, municipal and county levels to mobilize and deploy the discipline inspection and supervision organs to cooperate with the centralized rectification of corruption in the medical field in the province.

The meeting pointed out that it is necessary to stick to the position of responsibilities, highlight the key points of investigation, strictly supervise the law enforcement, insist on investigating bribery together, concentrate on checking a number of key clues, investigate and deal with a number of typical cases, punish a number of corrupt elements, expose a number of typical cases, and form a momentum and shock. It is necessary to accurately grasp the policy and strategy, comprehensively use the "four forms", persist in punishing the past and saving lives, treat people with leniency and severity, and treat them differently to educate, influence and save people to the maximum extent. We must persist in promoting the integration of not being corrupt, not being corrupt and not wanting to be corrupt, strengthen the promotion of reform and governance by case, tighten the cage of the secret system, focus on promoting the treatment of corruption in the medical field, and strive to achieve more institutional results and greater governance efficiency. It is necessary to strengthen organizational leadership, strengthen the implementation of work, make overall plans and make careful arrangements, so as to cooperate with the centralized rectification work in a strong, orderly and effective manner.

In the post of Party Secretary, Du Pengfei once demanded that representatives of pharmaceutical enterprises are strictly prohibited from entering hospital departments to promote pharmaceutical consumables, and relevant departments should strengthen the inspection of professional conduct, find out and investigate together; It is strictly forbidden for pharmaceutical products production and operation enterprises or distributors to give kickbacks and other forms of commercial bribery.

Also on August 14th, the Supervision Committee of Guiyang City Commission for Discipline Inspection of Guizhou Province reported that Zhang Yunqiang, former deputy secretary of the Party Committee and president of Guiyang First People’s Hospital, was investigated.

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Zhang Yunqiang (data map)

According to public information, in December 2011, Zhang Yunqiang stepped down as the dean of the Fourth People’s Hospital of Guiyang City and became the dean of the First People’s Hospital of Guiyang City. He was dismissed in March 2021 and was investigated this time.

On August 8 this year, the Supervision Committee of the Guizhou Provincial Commission for Discipline Inspection held a video conference on the mobilization and deployment of the discipline inspection and supervision organs in the province to cooperate with the centralized rectification of corruption in the medical field, and arranged and deployed the centralized rectification work.

The meeting stressed that it is necessary to strengthen the combination of shock and correction, keep a close eye on "key minority" and key personnel, dig deep into and thoroughly investigate violations of discipline and law such as power rent-seeking, interest transfer, and abuse of power for personal gain, concentrate on investigating and handling a number of typical cases, punish a group of corrupt elements, and form a strong momentum and shock.

On July 28th this year, a video conference on mobilization and deployment of discipline inspection and supervision organs in cooperation with the centralized rectification of corruption in the medical field was held in Beijing. Yu Hongqiu, deputy secretary of the Central Commission for Discipline Inspection and deputy director of the State Supervision Commission, attended the meeting and delivered a speech.

The meeting pointed out that the centralized rectification of corruption in the medical field is an inevitable requirement to promote the implementation of the healthy China strategy, purify the ecology of the pharmaceutical industry and safeguard the vital interests of the people. Discipline inspection and supervision organs at all levels should thoroughly understand the spirit of the important instructions of the General Secretary of the Supreme Leader, deeply understand the importance and urgency of carrying out centralized rectification work, base themselves on their responsibilities, do their due diligence and fully cooperate. It is necessary to stimulate the endogenous motivation to fulfill the main responsibility with the external thrust of supervision, and carry out in-depth systematic governance of the pharmaceutical industry in all fields, all chains and all coverage. Strengthen discipline enforcement, keep a close eye on leading cadres and key personnel, insist on bribery and bribery together, and concentrate on investigating and handling a number of corruption cases in the medical field, forming a momentum shock. Grasp the policies and strategies, persist in seeking truth from facts, follow the rules and regulations according to law, persist in punishing the past and saving lives, and educate, save and influence people to the maximum extent. Strengthen the case to promote reform, promote deepening reform and improve the system. Strengthen the implementation of the work, carefully organize the implementation, and hand over an answer sheet that will reassure the CPC Central Committee and satisfy the people.

Ministry of Science and Technology: China’s five major capabilities of scientific and technological innovation have been greatly improved to promote high-quality economic development

  Cctv newsOn July 27th, the State Council held a press conference to provide strong scientific and technological support for building a well-off society in an all-round way.

  Wang Zhigang, Minister of Science and Technology, said that since the 18th National Congress of the Communist Party of China, China’s science and technology development has been accelerated, the national innovation system has been improved, the innovation capability has been greatly improved, and a number of major scientific and technological achievements have emerged. Decisive progress has been made in building an innovative country, which has strongly supported and led the process of building a well-off society in an all-round way.

  First, the original innovation ability of science and technology has been greatly improved.. The investment in basic research has grown rapidly, with an average annual growth rate of 16.9%, and the proportion of basic research in R&D investment has exceeded 6% for the first time. The level of basic research has been greatly improved, chemistry, materials, physics and other disciplines are in the forefront of the world, and a number of major original scientific and technological achievements represented by quantum communication, iron-based superconductivity and stem cells have been achieved.

  Second, the breakthrough ability of the strategic frontier of science and technology has greatly jumped.Significant progress has been made in the fields of deep sea, deep space, deep ground and deep blue. China astronauts entered their own space station for the first time, Tianwen-1 landed on Mars successfully, Chang ‘e IV landed on the back of the moon for the first time, Chang ‘e V sampled extraterrestrial objects, Endeavor sat down successfully, and Tiankun made its maiden voyage successfully.

  Third, the ability of systematic construction of science and technology has been greatly improved.Accelerate the construction of national laboratories, reorganize the national key laboratory system, and successfully build scientific and technological infrastructure such as spallation neutron sources, providing support for high-level scientific research. The team of scientific and technological talents continues to grow and develop. In 2019, the total number of R&D personnel in the whole society reached 7,129,300, 1.3 times that of 2015. There are 62 R&D personnel per 10,000 employed people.

  Fourth, the innovation ability of R&D subjects has been greatly improved.The status of enterprises as the main body of innovation has been further enhanced, and R&D funds have accounted for 76.4% of the national total, which is the main body of scientific and technological investment; Technology contracts and turnover account for 91.5% of the national total, which is the main body of technology output. A number of innovative leading enterprises have emerged, with small and medium-sized scientific and technological enterprises and high-tech enterprises exceeding 200,000. The innovation vitality of universities and research institutes has been further enhanced. In 2019, 3,450 universities and research institutes signed nearly 420,000 technology contracts with a contract amount of 94 billion yuan.

  Fifth, the ability of open cooperation in science and technology has been greatly improved.Intergovernmental scientific and technological cooperation has developed steadily, and the scientific and technological partnership plan has been implemented in depth. We have set up joint research and development plans and innovation funds around sustainable development, conducted joint research with more than 50 countries and regions, and deeply participated in a number of major international scientific projects. The "Belt and Road" cooperation in scientific and technological innovation has achieved remarkable results. The basic frontier special projects of the national key R&D plan and the excellent youth fund projects of the National Natural Science Foundation are open to Hong Kong and Macao.

  Wang Zhigang said that the five capabilities of scientific and technological innovation have played an important role in promoting the high-quality development of China’s economy, improving people’s lives, optimizing the ecological environment, building an innovative culture, and winning the battle against poverty, pollution prevention and control, and epidemic prevention and control. Based on the current situation, building a well-off society in an all-round way will provide more abundant material conditions and broader application prospects for scientific and technological innovation; Facing the future, scientific and technological innovation will provide stronger development impetus and open up new development space for the next step of building a socialist modern power.

Lenovo Group and Alat Enet of Saudi Arabia reached a strategic cooperation of $2 billion.

[Global Network Technology Comprehensive Report] On May 29, 2024, Lenovo Group announced today that it has reached an important strategic cooperation with Alat Enette, a subsidiary of Saudi Arabia Public Investment Fund (PIF). According to the agreement, Alat Enette will provide Lenovo with $2 billion interest-free convertible bond investment to support its global business development and innovation strategy.

This cooperation involves not only capital investment, but also the establishment of Lenovo’s regional headquarters in the Middle East and Africa markets in Riyadh, Saudi Arabia. The headquarters will include a customer service center and a research and development center for the region, aiming to better serve the local market and promote scientific and technological innovation. At the same time, Lenovo also plans to build a new PC and server manufacturing base in Saudi Arabia to strengthen its global manufacturing layout.

PIF, as the world’s leading sovereign wealth fund, has an asset management scale of more than 700 billion US dollars, which is an important force to promote the implementation of Saudi Arabia’s national strategy "Vision 2030" plan. Alat Enet, a wholly-owned subsidiary, focuses on transformative technology investment and sustainable manufacturing, and is committed to promoting Saudi Arabia to become a global manufacturing center for sustainable technologies through cooperation with global benchmarking companies.

This strategic cooperation is regarded as recognition of Lenovo’s established strategy, strong execution, excellent operational capability and commitment to continuous investment and innovation. This investment will provide greater financial flexibility for Lenovo’s intelligent transformation strategy, accelerate its transformation process, and further enhance its position in the global diversified manufacturing field.

With the rapid growth of digital economy in the Middle East and Africa, the cooperation between Lenovo Group and Alat Enette is expected to release the great potential of digital technology to drive change in this region. According to the forecast of market research institute IDC, the market size of information technology and enterprise services in the Middle East and Africa is expected to reach nearly $38 billion in 2027.

Yang Yuanqing, Chairman and CEO of Lenovo Group, said: "This cooperation will provide us with more resources and financial flexibility to accelerate the transformation and expand our business and seize the huge growth opportunities in the Middle East and Africa. We plan to build a new technology and manufacturing base in Saudi Arabia to help the region develop into a future innovation center. "

Amit Midha, CEO of Alat Enette, also said that they are honored to be a strategic investor of Lenovo Group and look forward to seeing Lenovo Group further release its potential in the Middle East and Africa.

According to the bond subscription agreement reached between the two parties, Lenovo Group will issue a convertible bond of US$ 2 billion, which will expire in three years and have the opportunity to be converted into equity at the initial conversion price of HK$ 10.42 per share. In addition, Lenovo also proposed to issue 1.15 billion warrants to raise additional funds to support future growth.

In this transaction, a number of well-known institutions provided consulting services for both parties to ensure the smooth progress of cooperation.

JD.COM online shopping gold bracelet received a complete scene from the monitoring of Stone Convenience Store.

  Online shopping for gold bracelets, but the arrival is stone? Recently, Mr. Zhang from Dongguan, Guangdong Province encountered such a wonderful thing, which happened to be completely recorded by the surveillance camera of the convenience store. However, the seller in JD.COM insisted that the goods were not sent in the wrong way, suspecting that the goods had been switched. Afterwards, both the seller in JD.COM and SF Express chose to call the police, and the police are still investigating.

  On September 4th, Sina Guangdong Express Complaints (ts.gd.sina.cn) contacted Ms. Li, the public relations manager of South China District, JD.COM. The other party responded that JD.COM would not shield the seller, and everything would be subject to the police investigation. However, in order to protect the rights and interests of consumers, the merchants have been persuaded to reissue the goods, and the grams are not less than the grams of the original goods.

  In the early morning, online shopping for gold bracelets was asked to cancel the order, and consumers refused to receive stones.

  In the early morning of August 29th, Mr. Zhang from Dongguan bought two gold bracelets in "Xizhao Jewelry Flagship Store" in JD.COM. "A bracelet weighing 52.66g only costs more than 8,000 yuan, which is a good deal", so he placed two orders with his own account and his wife’s account respectively.

  At 11 o’clock in the morning, Mr. Zhang received a phone call claiming to be a seller’s staff in JD.COM. "The other party angrily asked me to cancel the order, saying that more than 50 grams of gold could not be more than 8,000 yuan and could not be delivered according to the order." Mr. Zhang said that after JD.COM intervened, the seller arranged SF Express delivery.

  At 4 o’clock in the afternoon of August 30, Mr. Zhang went to the convenience store to pick up the goods and opened the package for inspection on the spot. However, the result surprised him. "The two express boxes are all stones."

(The consumer's online shopping order is a gold bracelet, but the physical goods received are stone drawings provided by the consumer.)

  To this end, Mr. Zhang refused to sign for it and reported the situation to the merchants, but the seller insisted that the goods were intact and undamaged at the time of delivery, and suspected that the goods were switched by consumers. "SF Express can testify, and convenience stores also have surveillance videos." Mr. Zhang said.

  It is understood that after the incident, SF Express actively cooperated with the investigation, and handled the alarm in Dongguan. On the afternoon of September 1, it sent staff to the convenience store to retrieve the surveillance video. Mr. Zhang also copied a copy as a backup.

  Judging from the convenience store surveillance video provided by Mr. Zhang complaining to Sina Guangdong Express, the goods he received that day were really not gold bracelets, but two stones.

(The consumer inspected the goods in front of SF Express, and opened it and found that it was a screenshot of the surveillance video of Stone Convenience Store.)

  Mr. Zhang said that the seller could not provide the complete surveillance video before and after packaging the goods, and could not rule out the relevant responsibilities. According to the requirements of the order, no matter whether the goods are "replaced" or the seller deliberately sends the wrong goods, the result should not be "paid" by the consumer. He asked the seller to re-deliver the goods according to the order.

  Seller: The goods are out of stock and can only be refunded and cannot be re-shipped.

  After the incident, Mr. Zhang, the consumer, repeatedly negotiated with the sellers in JD.COM. On September 3rd, the seller "Xizhao Jewelry Flagship Store" in JD.COM responded to Mr. Zhang, saying that the product was a promotional item for clearing inventory, and it was sold at a 50% discount. Now it has been sold out and cannot be re-shipped, so it can only be refunded to consumers.

  Mr. Zhang said it was unacceptable, and suggested that different goods could be accepted, as long as they were of the same weight. However, the seller said that it could not be issued casually according to the number of grams, and the two sides were once again deadlocked.

  JD.COM: I have persuaded the merchants to reissue the goods in grams not less than the original goods.

  On September 4th, Sina Guangdong Express complained to JD.COM, the platform of the incident. In the afternoon, Ms. Li, the public relations manager of South China District of JD.COM, responded that the company had conducted a survey on the relevant situation to the merchants. Ms. Li said that the merchants insisted that the goods they sent were gold, and they immediately alerted the local authorities when they learned that the consumers had received the stones. At present, the merchants provided photos when they delivered the goods, so they could not provide surveillance videos when they delivered the goods. Everything was subject to the police investigation, and JD.COM would not shield the merchants.

  On September 5th, Ms. Li, the public relations manager of South China District of JD.COM, complained to Kuaikuai about the latest progress. She said that in order to protect consumers’ rights and interests, JD.COM had communicated with the merchants many times, and at present, she had persuaded the merchants Xizhao Jewelry Flagship Store to reissue the goods to the consumers first. The goods were similar in style, and the grams were not less than the grams of the original products, and reached an agreement with the consumers through consultation.

  Lawyer: The key is to clarify the responsibility between the seller and the courier company.

  Lawyer Liu Guohua, a member of Sina Guangdong Express Complaint Advisory Group and Guangdong Benben Law Firm, believes that consumers who have not received the corresponding goods in the case of payment belong to the injured party. At present, the key to the case is to clarify the responsibility between the seller and the courier company. Since both parties have reported to the police, the case has been involved in a criminal case, and the person responsible for the incident should be determined by the police investigation results. However, before the investigation results come out, the seller should take corresponding remedies for the losses of consumers, otherwise consumers can sue.

  (Sina Guangdong GDTS01)