Can eating garlic and gargling with salt water prevent COVID-19? 18 rumors about the epidemic, don’t believe them!

  Recently, all kinds of information about prevention and control in Covid-19 always occupy a prominent position. There are also many old and new rumors, which may make people have a wrong understanding of COVID-19 and adopt the wrong means in the process of preventing and treating COVID-19.

  Don’t believe these 18 rumors about the epidemic!

  01

  These preventive methods are unfounded!

  Spicy food such as garlic can prevent Covid-19 infection?

  There is no basis.

  Allicin and its related nutrients did show a certain inhibitory effect on pathogenic microorganisms in vitro experiments, but it should be noted that,These are mostly the results of cell tests in vitro for components such as allicin or allicin, which are different from eating garlic every day.

  Judging from the current epidemic situation, there is no evidence that eating more garlic can prevent people from being infected with COVID-19. Garlic has many health effects, and moderate intake is beneficial to health, but it is really difficult to prevent COVID-19.

  Other onions, ginger, peppers and peppers are the same.

  Can drinking white wine prevent Covid-19 infection?

  Liquor does not have this function.

  Although 75% of medical alcohol can be used to wipe the surface of an object and kill Covid-19, it can’t do anything about the virus that has already entered the body, not to mention that almost all white spirits can’t achieve such a high alcohol content of medical alcohol. Besides,Drinking alcohol itself may stimulate the human body, aggravate symptoms, and may affect the effect of taking medicine.Besides, drinking alcohol is inherently bad for health.

  Can salt water gargle prevent Covid-19 infection?

  Salt water does not have this function.

  Team Zhong Nanshan refuted the rumor: gargling with salt water is beneficial to cleaning the mouth and throat, and is helpful for pharyngitis.But novel coronavirus invaded the respiratory tract, and there was no way to clean the respiratory tract by gargling.Secondly, at present, there is no research result suggesting that salt water can kill novel coronavirus.

  Can taking medicine prevent COVID-19?

  There is no such medicine.

  At present, there is no drug that can definitely reduce the possibility of COVID-19 infection. Whether it is the so-called COVID-19 specific drug that is popular on the Internet or cold medicine, it is impossible to prevent Covid-19 infection by taking drugs in advance.Keep wearing a mask, wash your hands frequently, ventilate your home frequently and keep a social distance.Besides other protective measures, it is the right way to keep yourself healthy, exercise moderately and sleep well.

  02

  These operations are unnecessary!

  Can the mask be cleaned and reused?

  You can’t.

  At present,Both medical surgical masks and N95 protective masks are disposable products, and their protective performance may decrease after cleaning or disinfection.Because the mask used for a period of time may be attached with viruses, it may also bring pollution when cleaning. Therefore, we need to change new masks regularly, and if the masks are dirty and damaged, we should change them at any time.

  COVID-19 can cause hypoxia, so you should prepare an oxygen generator at home?

  If the family doesn’t need oxygen, there is no need to buy an oxygen generator to cope with COVID-19.

  Oxygen inhalation therapy should be carried out under the guidance of a doctor. Too high concentration or too long time will lead to oxygen poisoning, so you must not judge for yourself.

  Covid-19 infected people also need to take oxygen according to their condition.Asymptomatic and mild cases do not need oxygen inhalation, and ordinary cases need oxygen inhalation as needed;Severe and critical cases need oxygen inhalation, but the oxygen inhalation of Covid-19 infected people is also an adjuvant therapy, which needs to be used on the basis of combined treatment. To this extent, it is useless to only inhale oxygen at home.

  Instead of preparing an oxygen generator, it is better to prepare a finger oximeter.

  Can you identify Covid-19 infection by listening to a cough?

  Don’t take it seriously.

  Positive novel coronavirus nucleic acid test is the gold standard for judging Covid-19 infection.Cough is just a symptom. Many diseases may cause cough, not necessarily caused by COVID-19. In addition, such small programs sometimes need to fill in personal information, which may cause sensitive information to be leaked, so everyone should be cautious.

  Do you want to store some antigen test kits for regular testing to ensure that you are not infected?

  It’s not necessary.

  Antigen testing should be used to determine whether it is Covid-19 infection after typical symptoms such as headache and fever have appeared, and there is no need to detect antigens regularly. Test once if you have symptoms, and test 1-mdash during illness; Twice, and considering that even repeated infections are usually separated by several months,In fact, we only need to keep 2— Three antigen test kits will be fine,There is absolutely no need to buy dozens of people at a time.

  Infected with Covid-19, can it be better to take more drugs?

  Mistake.

  This practice may be life-threatening. Each drug has strict usage and dosage, and correct medication can not only cure the disease, but also cause less side effects. Taking a variety of drugs without authorization can easily lead to repeated medication and overdose, which is harmful to human health. Although some drugs have different trade names, their chemical components are the same, and they still belong to the same drug. If they are used together at will, it is very easy to cause excessive intake of drugs and cause danger.

  Therefore,If you have a doctor’s advice and prescription, you should take the medicine according to the doctor’s advice, and you should not add medicine at will.For mild patients treated at home, it is recommended to use drugs according to the guidelines of home treatment of the Health and Health Commission. Read the instructions carefully before taking the medicine, and don’t take several medicines at once.

  03

  These blame, masks don’t carry!

  Wearing a mask can lead to lung nodules and turn into lung cancer?

  Don’t worry.

  Many people have lung nodules, and the increase in the detection of lung nodules is mainly due to more advanced detection methods and more frequent screening, but it has nothing to do with masks. Besides, in most cases,"Pulmonary nodules ≠ Lung cancer "Don’t be too anxious. Wearing masks correctly is still one of the effective ways to resist Covid-19.

  Wearing a mask can lead to hypoxia?

  Depending on the situation.

  For healthy ordinary people, experiments have proved that even wearing a 7-layer medical surgical mask has little effect on blood oxygen saturation. butN95 or a mask with higher protective performance,It is more suitable for professionals in high-risk environment, or ordinary people who need to go to the hospital to wear it temporarily, because wearing the N95 mask for a long time may cause discomfort.

  In addition, people who are prone to poor breathing, such as smokers, emphysema patients and obese people, wearing N95 masks may make things worse and even aggravate their breathing problems.

  The mask contains graphene, which is harmful to human health?

  Fake.

  At present, the so-called "graphene masks" sold in the market are mostly gimmicks, such as a "biomass graphene" raw material, which has been verified to be processed from straw. It is worth noting that some mask materials use nano-scale activated carbon.Wearing an activated carbon mask for a long time does pose the risk of inhaling particles.For daily epidemic prevention, the public should choose protective masks that meet the national standard, and do not choose gimmicks.

  The mask contains ethylene oxide, which will cause cancer when worn?

  Don’t worry.

  Ethylene oxide is a common and easy-to-use disinfectant, which can be used for low-temperature sterilization. Food packaging, baby diapers, sanitary napkins, masks, etc. can all be disinfected with ethylene oxide. Ethylene oxide itself is volatile,The mask is disinfected with ethylene oxide. After disinfection, it will stand and dissipate for a period of time according to the regulations, and it can only be sold on the market after the content reaches a safe range.So don’t worry about buying qualified masks.

  04

  These worries are unnecessary!

  Have a fever is infected with Covid-19?

  Not necessarily.

  Fever is only a symptom, not a diagnosis of disease.You can’t judge what disease you have by your fever, so you can’t diagnose COVID-19 by the symptom of "fever". The diagnosis and treatment plan also says that the diagnosis should be made according to the comprehensive analysis of epidemiological history, clinical manifestations and laboratory tests. Positive novel coronavirus nucleic acid test is the primary criterion for diagnosis. "

  Eating oranges, oranges and other fruits can lead to positive antigen test?

  It’s unlikely.

  If the operation is correct during antigen detection, the sampling site is nasal mucosa, even if you eat oranges, you will not come into contact with orange juice here, so it has no effect. butOrange juice can make the antigen test positive because it destroys the suitable pH environment.However, this in itself does not meet the sampling standards, and the results are meaningless, which does not mean that the antigen detection is inaccurate.

  The strains prevalent in Beijing are more virulent than those in Guangzhou, which makes people feel worse?

  That’s not true.

  Whether it is uncomfortable or not is mainly personal feelings.In fact, the BF.7 mutant prevalent in Beijing and the BA.5.2 mutant prevalent in Guangzhou are both branches of Omicron, and their infectivity and pathogenicity will not change substantially. As for the different personal symptoms, this may be related to factors such as physical fitness, age, and whether there is a basic disease.

  Sooner or later, everyone wants Yang, so it’s better to get infected as early as possible, as early as Erwin Engst?

  Don’t try.

  After being infected with Covid-19, you will gain immunity against this strain within a certain period of time, but that doesn’t mean you won’t be infected again. Compared with Delta and its previous variants, Omicron is more likely to cause reinfection. Besides,Repeated infections still have a certain risk of serious illness.It will be transmitted to high-risk groups such as the elderly at home and those with basic diseases. Therefore, we should still pay attention to personal protection and vaccinate in time.

  COVID-19’s sequela is very serious?

  Not really.

  Tong Zhaohui, an expert in respiratory critical illness, said that the research on post-COVID-19 symptoms is aimed at the previous strains. At present, it should be said that there is no observation of post-COVID-19 symptoms in Omicron. But,More than 90% of Omicron is asymptomatic and mild, and its symptoms are mainly manifested in the upper respiratory tract.For example, low to moderate fever, cough, sore throat, 5 days, 7 days will be fine.

  From the common sense, there should be no sequela, because it is in the upper respiratory tract and does not affect the organs and tissues in our body. At least there is no relevant literature at home and abroad to support this statement.

30 billion box office is not enough. Huge capital is changing the film pattern in China.

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At present, the strong attraction of China movies to outside funds is unstoppable.


    Special feature of 1905 film network At present, the movie market is the most "not bad money" in China: the box office output has increased by more than 30% for six consecutive years, and the total amount is expected to exceed 30 billion this year, achieving a 200% increase in the number of people watching movies. Under such an industrial background, funds from all walks of life are scrambling to enter the film and television industry, and film companies are constantly expanding their business maps. As of the first three quarters, the total capital operation value of the film and television industry has already reached tens of billions, far behind the "seemingly amazing" box office estimate. It can be said that capital is constantly changing the pattern of China films.

 

   Now the question is, what kind of influence does such frequent and huge capital operation have on the future development of China films?

 

Multi-layout of "Internet-based" M&A and expansion of film industry

 

    In the first three quarters of 2014, Huayi Brothers made frequent moves in the Internet field: in June, it acquired the selling network; In July, the online game strategic plan was announced at China Joy (China International Digital Interactive Entertainment Exhibition); In August, the new media platform Star Shadow Alliance was launched to develop fan economy … … In response to these attempts, Wang Zhonglei, president of Huayi Brothers, responded in an industry forum: "With the advent of the Internet era, Huayi’s corporate structure and business layout are bound to change. We need to constantly strengthen inter-industry cooperation to adapt to the development trend of the network economy. "

 

    At present, Huayi Brothers is deploying its interactive entertainment business group. In fact, as early as four years ago, they began to target the Internet industry for multi-party layout. In June 2010, Huayi acquired a 22% stake in Palm Technology for 145 million yuan. In 2011, Tencent was introduced as a strategic investment partner. In 2012, Huayi International, a wholly-owned subsidiary, invested in Domi Music. In 2014, Huayi once again spent 672 million yuan to control Guangzhou Yinhan Technology. For the purpose of acquisition, the company explained: "Improve the layout of the industrial chain and bring new revenue growth points to both parties."

 

    This model has been widely recognized in the process of the integration of traditional film and television companies and the Internet. In addition to Huayi Brothers, Enlight Media also successively invested RMB 160 million and RMB 230 million in two online game companies, Fun Life and Xianhai Technology, and then spent RMB 176 million and RMB 208 million to win the hot air network and animation company Guangzhou Blue Fox. Li Li, chairman of Heli Guang Chen International Culture Media, said that for traditional film companies, the space of the online market is huge: "In 2013, the box office revenue of several major film companies was 4 billion yuan, while the Internet industry only brought related benefits from the game industry chain, which exceeded 80 billion yuan."

 

The pace of industry integration of film and television companies to "de-film" has accelerated.

 

    On October 23rd, Huayi Brothers officially announced its third quarter 2014 financial report. It shows that the company’s film business income dropped by 74.76% compared with the same period of last year, but the overall operating profit maintained a growth of 13.07%. These data are enough to show that Huayi Brothers is fully implementing the development strategy of "de-filming". Wang Zhonglei said that Huayi Brothers expects to rely on the expansion of downstream industries to bring about the brand’s liquidity, and on the basis of maintaining the two core advantages of film content and star-making ability, accelerate the pace of business integration of the company.

 

    China’s film industry needs to own and improve its industrial chain if it really wants to compete with Hollywood. And a complete industrial chain means that online and offline must develop simultaneously. On the occasion of its 20th anniversary, Huayi Brothers announced the opening of "Huayi Xiaogang Feng Film Commune" and officially launched the cultural tourism project. Light Media, which urgently needs to explore business transformation, has also planned to spend 10 billion yuan to build "China Film World" in Shanghai. However, compared with the "Oriental Film Capital" built by Wanda Group, a subsidiary of Wanda Pictures, which cost 50 billion yuan, it was immediately "dwarfed". If Leonardo DiCaprio, Nicole Kidman and other Hollywood superstars were invited to help open the red carpet a year ago, it still belongs to the local tyrants’ school, then the film and television base under construction, which integrates the comprehensive functions of film and television location, film and television production, film and television exhibition and film and television tourism, has begun to take on the momentum of "Oriental Hollywood". As a pioneer in the combination of film and real estate, Wanda has identified film production base and cultural real estate as new areas of core functional industries, attracting domestic and foreign film and television companies to settle down, which indicates that China film industry has taken a key step towards Hollywood’s mature development layout model.

 

    In the third quarter of 2014, the performance of LeTV and its LeTV film industry was quite eye-catching. Its own network DNA allows LeTV to save the link of "internetization" and focus more on downstream industries. While relying on movies such as TV and TV to seize the market share of the big screen, we have completed the construction of the whole product line of super tv. The performance report shows that the sales volume of its super tv products has increased rapidly, and the ecological effect has been highlighted, which has helped the company to establish a diversified business model of "diversified content+diversified channel layout+diversified users+diversified income" and promoted the company’s profit to increase steadily.

 

Outside the film industry, financial capital and traditional enterprises have entered the market one after another.

 

    Not only do film and television companies choose to diversify their industry layout and obtain capital support through different channels, but a large number of financial capital and enterprises in traditional industries also prefer this industry. On the one hand, the booming film and television industry in recent years makes investors expect to get high returns in a short time; On the other hand, it also shows the urgent transformation needs of some traditional enterprises. Therefore, compared with the situation in the same period in 2013, most of the industry mergers and acquisitions were led by tycoons such as Huayi Brothers and Light Media, the trend of film and television resources integration spreading to the outside world in 2014 was quite obvious.

 

    In the past, PE(Private Equity Private Equity Fund) has been simply seeking cooperation with initial public offerings. Huayi Brothers, Huace Film and Television and other companies have successfully listed through this cooperation model. Nowadays, with the expansion of the film and television industry capital market, PE has gradually withdrawn from IPO business, and the concept of "M&A fund" has begun to rise, and it is not difficult to find the figure of cultural and entertainment industry. Relevant people in the industry pointed out that under the premise that the expected profit is optimistic and the industrial income is growing, film and television are very competitive in attracting investment in the financial industry. Compared with the long capital freeze period and fluctuating yield of IPO, the return on investing in movies is obviously faster and much higher than the former.

 

    According to statistics, as of press time, the total value of capital operation involving the film and television industry in 2014 has exceeded 10 billion. In addition to the financial industry mentioned above, many traditional enterprises have begun to choose "cross-border" under the influence of factors such as the investment profit rate and the decline of main business profits. In August, Zhongji Holdings, which transformed from the traditional manufacturing industry, spent 1.5 billion yuan to bring Confucianism Xinxin Film into the door; In September, Royal Dairy officially issued an announcement to purchase 100% equity of Yujia Film and Television for 205 million yuan; During the Golden Week of November, Beijing tourism was in the limelight for a while because of investment. In the end, the box office of this film broke through the 1.1 billion mark, and another work that was previously released also achieved good results. The industry estimated that Beijing tourism could gain 100 million yuan by relying on the transformation of film and television this year, which more than tripled the net profit of 32 million in the same period last year. Judging from the company’s fixed-income plan, they will also plan to raise 3.3 billion yuan, of which 2.52 billion yuan will be used to acquire three cultural media and brokerage companies, completely shifting their business from a single tourism service to paying equal attention to tourism and film and television culture.

 

High return leads to capital aggregation, cross-border financing enhances professionalism and avoids risks.

 

    On the one hand, the traditional industry is caught in the predicament of slow development, and on the other hand, the film and television industry is facing the opportunity of market expansion. At present, the strong attraction of China films to foreign funds is unstoppable. For those investors who have fought many battles, what is there in the film circle that is worth throwing money into?

 

    Gao Jun, general manager of Guosheng Film, pointed out in an interview with 1905 Film Network: "What do these outside investors see? It is a return of 10 million yuan and 300 million yuan. It is a myth that investing 30 million yuan to earn 1.2 billion yuan. In contrast, the investment prospects of other industries are much dimmer, which also makes China’s film and television industry form a capital aggregation effect. " However, Gao Jun also admitted that most irrational investments that lack the guidance of professional teams will become bubbles: "The annual output of movies can reach 700-800, while only 200-300 are in the cinema. Even if you enter the cinema, it is not 100% profitable, basically following the 2: 8 law, and only 20% make money. " About three years ago, all kinds of hot money poured into the film circle, and all kinds of small movies came one after another. Gao Jun once revealed that a boss invested in a movie and lost all his money. He almost jumped out of the window in front of him. In these three years, after the survival of the fittest, those who blindly invest are not without, but the cakes left to them are getting smaller and smaller, and the industry is developing and maturing. Those who can stay must have their own advantages.

 

    Abandoning the blindness of "no return" to enter the film industry, now hot money outside the industry begins to operate in a standardized way through formal capital channels and professional venture capital teams, which not only reduces investment risks, but also ensures investment returns. For example, in September 2014, LeTV Pictures, which ranked TOP3 in the mainland film company, completed the B round of financing with the participation of Hengtai Capital and other companies, with a quota of 340 million; In the same month, Huanya Media Group, a well-known entertainment company, jointly established Longhu Capital with SM Entertainment and Fubon Group to raise funds for international investors, with the first-stage target of 100 million US dollars (about 600 million yuan). The combination of film and television companies and capital is more standardized and systematic.

 

tag

 

    Both foreign investors holding hot money and film and television companies in the ups and downs industry have seen the unstoppable trend of cultural industry upgrading behind the box office output of China films. For investors, this is an opportunity that the capacity and consumption power are still growing and the prospects are bright. In the eyes of film and television companies, the current rapid development of the industry provides them with an excellent platform to extend the industrial chain and broaden business channels. In a word, the box office revenue of 30 billion yuan can’t meet the rapidly developing market demand and space. Industry capital will realize the change from quantity to quality through the integrated operation of seizing every minute, and jointly help China film industry to mature.

HarmonyOS Zhixing S800 luxury car was unveiled, and Huawei Mate 70 series was released on the same stage.

On November 22nd, HarmonyOS Zhixing announced that its Zunjie brand’s first luxury car "Zunjie S800" will be unveiled at the Huawei Mate 70 series mobile phone conference on November 26th. Zunjie S800 is highly anticipated for its unique design and luxurious configuration. It is reported that the size of the model is about 5.5 meters, the interior space is spacious, and the body color is purple and silver. The front of the car is designed with vertical and horizontal star Han and Xinghe headlights, and the door handle of the car is bright with Xinghe scroll and rose nebula as design elements.

The design details of Zunjie S800 are full of futuristic and technological sense, such as the integration of crystal car light and car body, the luminous crystal section of logo, and the pie wheel hub. These designs not only improve the aesthetics of vehicles, but also reflect the innovation and breakthrough of HarmonyOS Zhixing in the field of smart cars. With the approaching of Huawei Mate 70 series mobile phone conference, more information of Zunjie S800 will be revealed, and the market is full of expectations for its performance.

New Lynk & Co 08 EM

A few days ago, the official map of the new Lynk & Co 08 EM-P was released. The new car will have function updates such as sentinel mode and car wash mode, and will be officially listed on August 8. As a reference, the guide price of the current model on sale is 19.58-28 8,000 yuan.

In terms of appearance, the new car adopts a black/mineral crystal green two-tone body, which is fashionable and unique. The two-tone aluminum alloy rims, hidden door handles and NFC digital car keys show technology and trends. The grid intake grille on the front face is highly recognizable with sharp daytime running lights. The through taillights at the tail are chic in shape, and the smooth spoiler and the rear surrounding of the large area diffuser shape are full of movement.

In terms of interior, it is expected that the 2025 Lynk & Co 08 EM-P will not change much, mainly optimizing the configuration. In terms of power, the current Lynk & Co 08 EM-P has two-wheel drive and four-wheel drive versions. The two-wheel drive version consists of a 1.5T four-cylinder electric hybrid special engine and a front-drive motor, with a combined maximum power of 280 kW and a torque of 615 Nm; the four-wheel drive version consists of a 1.5T four-cylinder electric hybrid special engine and three drive motors, with a maximum power of 436 kW and a torque of 905 Nm.

Aobai’s car | Why is the top Passat Pro more cost-effective?

Pro entered the market at a price of less than 200,000 yuan, giving the mid-range car market a lot of shock. After all, in the era of oil car dominance, Passat is a benchmark product for mid-range cars. Although there are three strong competitors in Japanese, Passat has always been a very recognized model by consumers.

Entering the era of the rapid rise of new energy, Passat is also constantly improving its product capabilities. The Pro version is not just a replacement, but more importantly, it improves the level of intelligence on the basis of the oil car. Therefore, we see that the cockpit functions, voice interaction, and intelligent driving of the Pro model have entered the mainstream camp. At the same time, the seat heating, massage and ventilation, headrest speakers, and fragrance system are added to enhance the luxury and comfort of the Passat. It is also crucial to provide only the 2.0T high-power 380 model, which ensures that the Passat Pro can enter the new market environment with a positive role. If the original Passat was still a bit cold, then today’s Passat and Passat Pro have chosen to enter the game and compete with more diverse models. Of course, this is very conducive to consumers to buy better products at more affordable prices.

This time the Passat is a strategy of selling old and new models together. If you count the 2024 models still on sale, there are currently 24 models in the Passat. For friends who want to buy in front of the screen, it is really the first time to eat crabs – there is no way to start, but don’t panic, let’s briefly sort out the relationship first. 24 of them are likely to be at the end of the product cycle and will be gradually replaced by new models on the market.

First of all, let’s distinguish the new configurations of the 25 models that have just been listed. The difference between the starry sky and the ordinary version is only the appearance of the front face, which has no impact on the configuration and price, so let’s merge, and the newly released Passat actually has only seven configurations. They are: the outstanding 280 business version, the outstanding 330 elite version, the outstanding 380 dragon version, the outstanding 380 dragon version, and the Pro 380 dragon version.

Although they are all 2025 models, it is not difficult to see from the name that the new models are also divided into two types, the outstanding model and the Pro model. If you look at the upgrade range, the Pro must be the highlight. The new Passat Pro version tends to be young and fashionable, while the old model retains a mature and stable design style and lower prices. This strategy of selling both new and old models can better meet the needs of different consumers.

The 2025 model still retains three power specifications. According to the well-known digital code, the 280 is equipped with a 1.4T EA211 engine with a maximum power of 110KW and a peak torque of 250 Nm; the 330 is equipped with a classic 2.0T EA888 engine, but the maximum power is reduced to 137KW and the peak torque is 320 Nm. The 380 represents the highest power level of the Passat family, equipped with a full-blooded EA888 engine with a maximum power of 162KW and a peak torque of 350 Nm. Regardless of the power, the body size remains the same, with length, width and height of 4948mm, 1836mm, and 1469mm respectively, and a wheelbase of 2871mm. It is still the well-known Volkswagen MQB platform.

The three cars of the 2025 Pro are powered by a 2.0T high-power engine. The size of the whole car is lengthened and increased, and the length, width and height are respectively lengthened to 5006mm, 1850mm, and 1489mm. Finally, the Passat is more than 5 meters long, but the wheelbase remains unchanged. In addition, the 7-speed wet dual-clutch gearbox and the front McPherson rear multi-link suspension system are the same as the old car.

So what are the characteristics of the Pro version? It has to be said that the new energy wave has had a subtle impact on the traditional oil truck, that is, there are more and more elements of cyberpunk technology. The 2025 Passat follows the design of the European version of the new Passat B9 in the overall design language, which highlights the youthful feeling more than the outstanding model, forming a strong contrast with the stereotype of the past Passat commercial vehicle.

Secondly, in terms of configuration, the Passat Pro mid-to-high-end models have also raised the configuration to a position that can compete with new energy smart cars. Configuration from low to high is the Longyao version, the Longyun version and the Longzun version.

The top Longzun version model has 10.3-inch all-digital LCD instrument + 15-inch floating central control screen + 11.6-inch co-pilot entertainment screen, and is supported by Qualcomm Snapdragon 8155 chip. In addition, it is also equipped with advanced configurations such as wireless charging panel for mobile phones, ambient lights, intelligent fragrance system, 16-speaker Manhaka audio system, head-up display system, and electric adjustment of the second row of seats. Compared with the outstanding model, the new features of PRO are full of intelligent and technological sense, hoping to win more consumers.

The Longyao version is currently less than 190,000 for a limited time, mainly because the intelligence is slightly weaker, the number of cameras and radars is relatively small, and only the Longzun version is equipped with a binocular camera as standard. If the 209,900 Longyun version wants to be upgraded to IQ. Pilot needs to add another 4,800 yuan. Therefore, if the requirements for smart driving and smart cabin are higher, it is better to go directly to the top. On the contrary, there is not much demand for intelligence, so it is more cost-effective to buy an entry-level version.

But if it is torn between the middle and top, it is recommended to directly match the top, the difference between the two configurations is less than 15,000 yuan, all the upgraded configurations can be enjoyed this time, especially the seat massage, 16 speakers with headrest speakers, fragrance system, The pleasure brought by the second row of ESC is definitely worth the price.

In general, in the case of home use, the top of the Pro version is undoubtedly the first choice. After all, SAIC Volkswagen has also begun to roll the price. The top is 223,900, and the space and configuration are very close to the level of luxury brands. And it directly gives full blood power, without a small displacement engine at all. To put it bluntly, it is to create a model without shortcomings. Just like there is a stalk in the technology circle, the more expensive Huawei’s products are, the more cost-effective they are. Looking at the Passat Pro now is the same strategy.

In August, the SAIC Volkswagen Passat family sold 21,796 units, still the leader in this market segment. It shows that the German quality represented by the Passat, driving control experience is still a product feature recognized by consumers. In the face of the impact of new energy and intelligent tide, the Passat Pro is the response plan that SAIC Volkswagen has come up with. Thanks to the blessing of intelligence and technology sense, as well as the flexible pricing strategy for the market, it is very suitable to sell oil vehicles at this time, especially such a mid-range car.

Hu Ge won the title of "National Theatre of China Honorary Actor": Walking with the Mandarin in the Future

On December 26, the National Theatre of China awarded Hu Ge the title of "National Theatre of China Honorary Actor" in an official platform.

Hu Ge won the title of "National Theatre of China Honorary Actor": Walking with the Mandarin in the Future

Hu Ge won the title of "National Theatre of China Honorary Actor": Walking with the Mandarin in the Future

On the early morning of December 27, Hu Ge forwarded the news and said: "I am very grateful to the National Theatre of China for awarding me the title of" Honorary Actor ". I am very honored. Dean Tian Qinxin and the theater teachers have benefited me a lot. On the occasion of the 80th anniversary of the founding of the National Theatre of China and the 20th anniversary of its official establishment, I sincerely wish the National Theatre of China a happy birthday and hope to continue to travel with the Chinese language in the future."

Hu Ge won the title of "National Theatre of China Honorary Actor": Walking with the Mandarin in the Future

The innovative development of the digital economy will promote the green transformation of the industrial structure

  The government work report of this year’s "two sessions" proposed that "vigorously promote the construction of a modern industrial system and accelerate the development of new quality productive forces" as the first task in 2024. New quality productive forces are advanced productive forces generated by revolutionary breakthroughs in technology, innovative allocation of production factors, and deep industrial transformation and upgrading. Further promoteInnovative development and the promotion of high-end, intelligent and green transformation of traditional industries are important measures to accelerate the development of new productive forces.

  The previous report of the 20th National Congress of the Communist Party of China pointed out that it is necessary to "promote deep integration with the real economy and build a digital industrial cluster with international competitiveness." The government work report also emphasized many times that it is necessary to vigorously develop, accelerate the digital transformation of traditional industries and small and medium-sized enterprises, and strive to improve the level of greening. Therefore, the digital economy has become an important driving force for the green transformation of the industrial structure and deeply empowers the development of new quality productive forces.

  The digital economy refers to theAs the core resource, digital technology is the main driver, and the form of economic activities based on digitalization, networking and intelligence. By improvingThe ability to analyze and predict, optimize resource allocation and management, and promote the development of green technologies to guide the whole society to carry out green changes is another important economic growth point in the new era. However, the current digital economy is still in the early stage of development, facing energy consumption, cost, promotion and other issues. It is necessary for the government to take effective measures to guide the healthy and orderly development of related industries and promote deep empowerment.

  data elementsEmpowerCorporate green transformation

  As the core of the digital economy, data elements can provide enterprises with refined data analytics and predictive capabilities, promote sustainable innovation and technological development, optimize resource allocation and supply chain management, and promote changes in market demand. These factors will deeply empower the development of new quality productivity and promote the green transformation of the industrial structure.

  First, provide analytical and predictive capabilities. Deep empowerment of data elements means the collection, collation and analysis of large-scale data, from which valuable information and insights can be extracted. This granular data analytics and predictive capabilities can help enterprises better understand resource utilization, environmental impact and market demand for precise planning and decision-making. Through accurate data analytics, enterprises can identify opportunities for environmentally friendly products and services, optimize resource allocation, reduce energy consumption and waste generation, and achieve a green transformation of the industrial structure.

  Second, optimize resource allocation and supply chain management. Data element depth empower can help enterprises better optimize resource allocation and supply chain management to achieve green transformation. Through comprehensive analysis of data, enterprises can better understand the flow and utilization of resources, identify problems of resource waste and environmental risks, and take corresponding measures to improve. Data element depth empower can also achieve transparency and traceability of supply chains, ensure the sustainability of supply chains for environmentally friendly products, and promote the transformation of the entire industrial structure to green supply chains.

  Third, promote sustainable innovation and technological development. Data elements deeply empower can provide enterprises with more innovation opportunities and the potential of technological development. Through the mining and analysis of right, enterprises can discover environmental protection technologies and sustainable solutions, improve product design and production processes, and promote efficient use of resources and reduction of environmental pollution. Data elements deeply empower can also promote cross-industry and cross-field cooperation and innovation, accelerate the development and application of green technologies, and promote the transformation of industrial structure towards green, low-carbon and sustainable direction.

  Fourth, promote the green transformation of market demand. Data elements are deeply empowered, which can help enterprises better understand changes in market demand and consumer preferences, adjust the positioning of products and services in a timely manner, and meet the needs of green consumption. With the strengthening of environmental awareness and the government’s increasing requirements for environmental protection, consumer demand for green products and services continues to grow. Data elements are deeply empowered, which can help enterprises capture these market opportunities, develop products and services that meet green requirements, and promote the development of industrial structure in the direction of green transformation.

  Digital factors promote industrygreentransformationreturnexistWhat bottlenecks?

  The current digital economy-related industries are in the early stages of development, and there are some shortcomings in promoting the green transformation of the industrial structure.

  First, the energy consumption of industries related to the digital economy is relatively high. The rapid development of the digital economy has brought about the demand for large-scale data storage, processing and transmission, which requires a huge energy supply to support.Is supportThe critical infrastructure for big data processing and online services usually requires a large number of servers and network equipment, while big data processing requires large-scale computing resources and storage devices. These devices generate a lot of heat during operation and require cooling systems to maintain a stable working temperature. Cooling systems usually consume a lot of energy, resulting in increased energy consumption. Moreover, the development of the digital economy requires a large amount of data transmission and communication. The Internet, mobile communication and data transmission networks all need to consume a lot of electricity to maintain their operation and coverage. With the growth of the digital economy, the energy consumption of network transmission and communication has also increased accordingly.

  Second, the cost of digital transformation in traditional industries is high. First, the digital transformation of enterprises requires updating the existing technology infrastructure, introducing new software and hardware systems, and training employees to adapt to new workflows, resulting in higher technology update and training costs. Second, digital transformation may require closer collaboration and information sharing with suppliers, partners, and customers, which in turn incurs supply chain adjustment and integration costs. Finally, the digital transformation of enterprises also needs to ensure thatEnsuring the security and privacy of data may require additional investments, such as establishing secure data storage facilities, adopting encryption technology and implementing strict access control measures

  Third, the scope of digital economy empowerment is still insufficient. Traditional industries usually have complex business processes and traditional information systems. Introducing digital technology into these systems may require large-scale technical and system integration work. This may involve issues such as compatibility with existing systems, data migration, security, etc., resulting in slow digital transformation. In addition, the construction and penetration of digital infrastructure in some less developed regions is relatively low, and the popularization of digital skills and knowledge is relatively low. Therefore, these regions may face certain difficulties in carrying out green transformation and digital development.

  Policy recommendations to deeply empower data elements

  The first is to optimize the layout, improve equipment and systems and other measures to improve energy efficiency and promote the green development of the digital economy industry. Optimizing the layout can not only reduce cooling demand and reduce energy consumption, but also promote the effective use of renewable energy. For example, building data centers in the western region rich in air-conditioning resources, using natural airflow for alternative cooling. Moreover, the western region also has better wind and light resources. Through the matching update with the power sector, it can greatly realize the dependence on traditional energy and reduce carbon emissions. In addition, governments and regulators can strengthen environmental supervision of the digital economy industry and develop corresponding policies and standards to promote the use of more energy-efficient servers, optimized equipment configuration, and improved cooling system efficiency in data centers, providers, and operators, among others, in order to promote the development of a green and sustainable digital economy.

  Second, strengthen data infrastructure building and technology popularization, strengthen data privacy and security protection, and improve the enthusiasm of enterprises for digital transformation. The government can increase investment in data infrastructure in underdeveloped areas, including high-speed Internet, data centers, cloud computing platforms, etc. At the same time, strengthen data science,Talent training and skill upgrading in areas such as big data analytics can provide basic support for local enterprises to deeply empower data elements. In addition, clear and stable policies can provide a favorable environment for deeply empowering data elements, and the construction of laws and regulations on data privacy and security should be strengthened. Strengthening technologies and measures to ensure that user data is properly protected, and establishing regulatory mechanisms to supervise the compliance of data processing and use can enhance the good expectations of enterprises and the public for data elements empowering, and promote the further development of the digital economy, thereby providing stronger momentum for the development of new quality productivity.

  Third, promote data sharing and openness, promote data exchange and cooperation between different departments, institutions and enterprises, and remove "stumbling blocks" to development. The government can encourage enterprises and research institutions to conduct innovative research and development in terms of deeply empowering data elements by providing incentives such as funding and tax incentives. The government can also establish innovation support platforms and incubators to provide technical support and market orientation to help innovative projects land and grow. At the same time, by establishing data sharing platforms and formulating data open standards and policies, it can facilitate data sharing and openness among various departments and organizations, thereby encouraging the wide use and innovation of data elements, and opening up data channels for the green transformation of industrial structure and the development of new quality productivity.

The car body is lengthened by 45mm Chery Tiggo 8 Pro will be launched in April.

  A few days ago, Netcom learned from relevant channels that Chery Tiggo 8Pro will be listed in April. The large blackened grille on the front face of the new car, with sharp headlights and LED strip on both sides, enhances the recognition of the vehicle and has great momentum as a whole. In the power part, Tiggo 8 Pro will provide 1.6T and 2.0T different power. It is worth mentioning that the length of the new car is 45mm longer than that of the Tiggo 8 to 2710mm, which has more advantages in space.

  Combined with the previous declaration, the new car adopts Chery’s latest family-style design language, and the overall shape is more imposing. In the front part, the Chery Tiggo 8 Pro adopts a huge blackened air intake grille with a scattering design inside, which is highly recognizable with the slender headlights and LED strip on both sides of the front. In addition, the new car also adds air guides on both sides of the front enclosure to further enhance its sports properties.

  The tail shape of Tiggo 8 Pro is full, and the through LED taillight group has strong recognition after lighting. In addition, the new car is also equipped with a bright black roof spoiler, which is dynamic in combination with the roof shark fin antenna; The bottom is surrounded by blackening and equipped with bilateral double-outlet exhaust, which has a strong overall sense of movement.

  In terms of configuration, Chery Tiggo 8 Pro will also provide front camera, microwave radar, sunroof, front radar and car ETC devices. In the power part, the new car will provide 1.6T and 2.0T engines with maximum power of 145kW and 187kW respectively.

  (Photo/Text Netcom Shi Rui)

The Mid-Autumn National Day holiday "Mountain Walking" became popular, and the hikers became younger and younger.

  China News Service, Nanchang, October 4 (Reporter Wu Pengquan) During the Mid-Autumn National Day holiday this year, Tan Mengling and his girlfriend, born after 1995, started a "Mountain Walk" tour in the Yuling Scenic Area of Wuyuan, Jiangxi.

  Looking for autumn on foot, "basking in autumn" in ancient villages, and picking fruits to eat autumn … … In the autumn season, the "double festivals" meet, and various new autumn games featuring "going up the mountain and going to the sea" are constantly emerging, and "Mountain Walk" in the countryside and mountains has gradually become a new fashion for young people in China to travel during holidays.

  According to the public comment data of the third-party consumer review website, since September, the search volume related to "basking in autumn" on the platform has increased by 220% year-on-year, the note raiders have increased by nearly 100%, and the search volume of "outdoor hiking" has increased by 370%. Young people are the "main force" in search, and the group aged 20 to 35 accounts for over 80%.

  In autumn, residents of Wuyuan Qiling Scenic Area dry brightly colored crops such as peppers, corn and peanuts on the drying rack. The unique custom of "drying in autumn" has attracted many young tourists to come and punch in.

  "Take advantage of the holiday to stay away from the hustle and bustle of the city and go into the countryside of Shan Ye to pursue ‘ Poetry and Distance ’ You can not only feel the charm of folk culture, but also get close to nature and relax. " Tan Mengling said.

  Many netizens left a "pit avoidance guide" in the note raiders and scenic spot evaluation area — — "It is recommended to take the cable car after three o’clock in the afternoon, which takes more than four hours. Don’t miss the night view at night"; "Booking a homestay should be at the foot of the mountain, and it is convenient to go up the mountain"; "Remember to bring some snacks up the mountain, the hotel is slightly more expensive" … …

  Wugong Mountain, Pingxiang, Jiangxi Province, which attracted many night-climbing "special forces" and college students from all over China this summer, continued to gain popularity during this "Double Festival" holiday. Young tourists and parents with children bring their own tents or buy tents to "camp" in Wugong Mountain. The two camps of Guanyintang and Jinding Baihefeng even show a fiery situation of "one account is hard to find".

  "I used to brush the alpine meadow and sunrise sea of clouds in Wugong Mountain on the short video platform, and I was very yearning for it, so I invited friends to experience the romance of Wugong Mountain this holiday." In the view of Liu Sijin, a 26-year-old Hunan tourist, measuring mountain peaks with footsteps, following the wind in the mountains, feeling the breath and beauty of nature, and passing by every grass and tree will make people feel better.

  Autumn is crisp, which is a good time for hiking. The reporter found out that in addition to some popular scenic spots such as Mount Taishan in Shandong and Wugong Mountain in Jiangxi, the "Mountain Walk" route has already been launched in Zhaoqing, Guangdong, Lishui, Zhejiang and Qingdao, Shandong, inviting citizens and tourists to feel the beauty of nature.

  In recent years, hiking has become the first choice for outdoor sports for many people, and it is becoming younger. The "World Mountain Tourism Development Trend Report 2023" released recently pointed out that the new generation of tourists have more detailed and in-depth hobbies in outdoor sports, nature studies, and non-legacy visits, and are willing to pay more for them.

  "Mountain Walk is a way for young people to get close to nature, relax, keep fit and get to know their peers." Tu Longfeng, deputy director of the Institute of Sociology of Jiangxi Academy of Social Sciences, said in an interview with reporters on the 4 th that young people should do their best to climb mountains on foot and have a clear understanding of their physical fitness; Relevant institutions such as scenic spots need to provide a more suitable environment and professional services to bring young people a better hiking experience.

"Planning for this period" property market loosening: challenges and opportunities coexist

  China xiaokang. com exclusive feature

  Text | "Xiaokang" China Xiaokang.com reporter Mai Yuhua

  "Living and living in peace and contentment" has always been a great concern of China people. Recently, the national property market as a whole has shown a trend of falling volume and price. Facing the new situation, the real estate market optimization and adjustment policies are frequent from the central government to the local government to consolidate the sustainable development of the property market.

  We should adjust and optimize the real estate policy in a timely manner; We will implement policies and measures such as reducing the down payment ratio and loan interest rate for the purchase of the first home, reducing taxes and fees for the purchase of improved housing, and "recognizing the house without repaying the loan" for personal housing loans; Precise implementation of differentiated housing credit policies due to city policies … Recently, the relevant departments of the central government frequently optimize and adjust the real estate market.

  The central government set the tone, and local governments responded. Many cities in the first, second and third tiers loosened restrictive housing purchase policies and continuously optimized real estate control policies. Among them, Beijing, Shenzhen, Guangzhou, Shanghai and other first-tier cities have voiced their voices, saying that they will support residents’ rigid and improved housing needs in light of their own real estate conditions. Second-and third-tier cities have also introduced policies: more than 10 cities such as Changsha, Qingdao and Hefei have relaxed their loan restrictions; Changzhou, Wuxi and other cities relaxed the price limit; Zhengzhou, Xiamen, Qingdao and other cities have relaxed restrictions on sales …

  "Living and living in peace and contentment" has always been a part of China people’s concern. The change of the real estate market is the embodiment of the economic and social development on the macro level, and it also affects the value of the just-needed residence of everyone in China on the micro level. Therefore, under the new adjustment cycle, both the central and local governments have actively and continuously introduced various new policies to loosen the property market in order to develop. What impact will these new policies have on the real estate market? What challenges and opportunities do housing enterprises and individuals face?

  The national property market as a whole shows a trend of falling volume and price.

  Recently, the National Bureau of Statistics released "Basic Situation of National Real Estate Market from January to July 2023" and "Changes in Sales Price of Commercial Housing in 70 Large and Medium-sized Cities in July 2023". Judging from the completion of real estate development investment, from January to July 2023, the national real estate development investment was 6,771.7 billion yuan, down 8.5% year-on-year; Among them, residential investment was 5,148.5 billion yuan, down 7.6%. It can be seen that the investment in real estate development generally shows a downward trend.

  Judging from the sales and sale of commercial housing, from January to July 2023, the sales area of commercial housing was 665.63 million square meters, down 6.5% year-on-year, of which the sales area of residential housing decreased by 4.3%. The sales of commercial housing was 7,045 billion yuan, down by 1.5%, of which residential sales increased by 0.7%. Except for the slight increase in residential sales year-on-year, the rest of the data showed a downward trend. Geographically, the increase in residential sales is mainly due to the 3% year-on-year increase in commercial housing sales in the eastern region including Beijing, Tianjin, Hebei, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong and Hainan. However, residential sales in central, western and northeastern regions all decreased year-on-year. Among them, the sales of commercial housing in the central region decreased by 9.5% year-on-year.

  Judging from the changes in the sales price of commercial housing in 70 large and medium-sized cities released by the National Bureau of Statistics, the sales price of commercial housing fluctuated slightly in July 2023. Sheng Guoqing, chief statistician of the Urban Department of the National Bureau of Statistics, explained that the sales price of commercial housing in 70 large and medium-sized cities has increased, and the number of cities has decreased. The sales price of commercial housing in each city has remained flat or decreased, and it has increased and decreased year-on-year.

  The data shows that in July 2023, among the 70 large and medium-sized cities, the sales prices of newly-built commercial housing and second-hand housing increased by 20 and 6 respectively, which was 11 and 1 less than that in June 2023.

  "The sales prices of commercial residential buildings in cities in various lines decreased slightly from the previous month. From the perspective of new commercial housing, in July, the sales price of new commercial housing in first-tier cities was flat for two consecutive months, with Beijing and Shanghai rising by 0.4% and 0.2% respectively, and Guangzhou and Shenzhen dropping by 0.2% and 0.6% respectively. The sales price of new commercial housing in second-tier cities changed from flat last month to a decrease of 0.2%; The sales price of new commercial housing in third-tier cities decreased by 0.3% month-on-month, and the decline rate was 0.2 percentage points higher than that of last month. From the perspective of second-hand housing, in July, the sales price of second-hand housing in first-tier cities decreased by 0.8% month-on-month, and the decline was 0.1 percentage points higher than that of the previous month; The sales price of second-hand residential buildings in second-tier cities decreased by 0.5% month-on-month, and the decline rate was 0.1 percentage points higher than that of last month; The sales price of second-hand residential buildings in third-tier cities decreased by 0.4% month-on-month, the same as last month. " Sheng Guoqing said.

  The sales prices of commercial housing in cities of all lines have increased and decreased year-on-year. In July 2023, among 70 large and medium-sized cities, the sales prices of newly-built commercial housing and second-hand housing increased year-on-year, with 26 and 5 cities respectively, one less than that in June 2023.

  According to the interpretation of the National Day, in July 2023, the sales price of new commercial housing in first-and second-tier cities increased by 1.0% and 0.2% respectively year-on-year, and the growth rate dropped by 0.3 percentage points from the previous month; The sales price of new commercial housing in third-tier cities decreased by 1.5% year-on-year, and the decline rate was 0.1 percentage point higher than that of last month. In July 2023, the sales prices of second-hand houses in first-,second-and third-tier cities decreased by 1.4%, 2.7% and 3.5% year-on-year, respectively, and the decline rates increased by 1.0, 0.3 and 0.1 percentage points compared with the previous month.

  "In my opinion, there are several main reasons for the recent decline in real estate prices." Feng Jianlin, chief economist of Beijing Fushengde Information Consulting Co., Ltd. believes that in the medium and long term, the real estate industry has entered a downward channel, and the relationship between supply and demand and price expectations have changed. Everyone buys up and does not buy down. In the medium term, the economy is still recovering, and the employment and income expectations of residents are weak. In the short term, some large real estate enterprises have financial crisis, which makes all parties have doubts about whether they can get the house or not.

  "From a policy perspective, everyone expects the policy to be adjusted, and the mortgage down payment and interest rate may be lowered. These policies are slowly coming out, and some people may be waiting. The property market continues to be depressed and the downward pressure is increasing, which has a wide and far-reaching impact. For the country, the overall economic situation has been dragged down, affecting taxation and land transfer, and affecting the construction industry and employment. For developers, the pressure of capital turnover is great, and the operation is more difficult, so it is necessary to promote the payment as much as possible. For an individual, if he is buying a new house, he may choose to wait and see and wait for the house price to go down before buying. For second-hand housing transactions, both buyers and sellers may have price reduction expectations. " Feng Jianlin said.

  

  In the future, China will adjust and optimize the real estate policy in a timely manner, and make good use of the relevant policy toolbox to better meet the rigid and improved housing needs of residents and promote the stable and healthy development of the real estate market. Mai yuhua/photo

  The central government issued effective policies in time to prevent risks.

  There is an objective relationship between the stable and healthy development of the real estate market and the economic growth of China. Therefore, in the past three years, the real estate industry has continuously implemented the central government’s prevention and resolution of risks in key areas, and at the same time, all localities have effectively responded to the downward pressure on the real estate industry due to urban policies.

  On July 24th, the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting. The meeting pointed out that it is necessary to effectively prevent and resolve risks in key areas, adapt to the new situation in which the relationship between supply and demand in China’s real estate market has undergone major changes, adjust and optimize real estate policies in a timely manner, and make good use of the policy toolbox because of the city’s policy to better meet the rigid and improved housing needs of residents and promote the stable and healthy development of the real estate market. The meeting proposed for the first time to adjust and optimize the real estate policy in a timely manner.

  At the end of July, Ni Hong, Minister of Housing and Urban-Rural Development, said that he strongly supported the demand for rigid and improved housing, and further implemented policies and measures such as reducing the down payment ratio and loan interest rate for the first home purchase, reducing taxes and fees for the purchase of improved housing, and "recognizing housing without repaying loans" for personal housing loans; Continue to do a good job in ensuring the delivery of buildings, speed up the delivery of project construction, and effectively protect the legitimate rights and interests of the people. This is not only the implementation of "timely adjustment and optimization of real estate policy", but also the key guiding significance for local policy adjustment. On July 26, the State Administration of Taxation issued guidelines on relevant preferential tax policies in recent years, involving deed tax and value-added tax on individual house purchases.

  On August 1st, the People’s Bank of China and the State Administration of Foreign Exchange stated that they should accurately implement differentiated housing credit policies due to the city’s policy and continue to guide the downward trend of individual housing loan interest rates and down payment ratio. Guide commercial banks to adjust the interest rate of existing individual housing loans in an orderly manner according to law. On August 3rd, Pan Gongsheng, Party Secretary and President of China People’s Bank, presided over a symposium on financial support for the development of private enterprises. Pan Gongsheng demanded that differentiated housing credit policies should be accurately implemented to meet the reasonable financing needs of private real estate enterprises and promote the stable and healthy development of the real estate industry.

  Chen Jia, an independent international strategy researcher, believes that the central government is far-sighted and timely puts forward a scientific judgment of "adapting to the new situation in which the supply and demand relationship in China’s real estate market has undergone major changes". Under the guidance of this judgment, in the future, China will adjust and optimize the real estate policy in a timely manner, and make good use of the relevant policy toolbox to better meet the rigid and improved housing needs of residents and promote the stable and healthy development of the real estate market.

  "From the perspective of specific grasping, there are currently three main directions. First, the construction and supply of affordable housing; Second, the reconstruction of villages in cities and the construction of public infrastructure for both peacetime and emergency use; The third is the revitalization of all kinds of idle real estate. " Chen Jia said.

  He also believes that from the analysis of the latest real estate policy spirit of the central government and various parts, the central government has a clear and clear positioning for the economic growth pulling effect of the stable and healthy development of the real estate industry under the new era and new requirements. In particular, under the new situation, there is a clearer and clearer strategic direction on how to adjust and optimize the real estate regulation and control policies, innovate the policy toolbox according to local conditions, promote the real estate industry to speed up the risk clearing, improve the effective investment in real estate, and promote the consumption of related industrial chains such as home decoration.

  Feng Jianlin said that it is very necessary to lower the mortgage interest rate and down payment. The effectiveness of the policy should still be expected. The main reason is that if the second home down payment and interest rate are lowered, it will help to release the demand for improvement. At present, two-thirds of China’s population are permanent residents in cities and towns, and there are a lot of improvement needs in these populations.

  "The policy of lowering the second home loan interest rate and down payment should be introduced as soon as possible. At the same time, the strength of this policy should be greater. If we continue to hesitate and squeeze toothpaste, we may miss the opportunity, let the market continue to cool down, and let the industry and the whole economy bear greater pressure and risks. Timely adjust and optimize the real estate policy’. I personally understand that this’ timely’ is now. This’ adjustment and optimization’ requires a certain degree of strength. Only by timely introducing strong policies can we achieve the goal of preventing and resolving risks. " Feng Jianlin said.

  Different cities boost market confidence because of city policies

  From the central government to the local government, whether it is first-tier cities or second-and third-tier cities, the real estate market optimization and adjustment policies are frequent everywhere to consolidate the sustainable development of the property market. Fu Linghui, spokesperson of the National Bureau of Statistics and director of the National Economic Statistics Department, pointed out that recently, the first-tier cities in the north, Guangzhou and Shenzhen have voiced their voices intensively, saying that they should support and better meet the demand for rigid and improved housing. Some second-and third-tier cities are also introducing new real estate control policies, and the adjustment and optimization of local real estate policies will help boost market confidence. With the economic recovery improving, residents’ income increasing, and the real estate market adjustment and optimization policy effective, residents’ housing consumption and housing enterprises’ willingness to invest are expected to gradually improve.

  At present, all kinds of cities are planning to adjust their real estate policies. Among them, first-tier cities quickly voiced their voices after the "timely adjustment and optimization of real estate policies" was put forward. On the evening of July 29th, the Beijing Municipal Commission of Housing and Urban-Rural Development stated that it would adhere to the general tone of striving for progress while maintaining stability, combine with the actual situation of Beijing’s real estate market, and work closely with relevant departments to implement the work, vigorously support and better meet the rigid and improved housing needs of residents, and promote the stable and healthy development of Beijing’s real estate market.

  On July 30th, Shenzhen Housing and Urban-Rural Development Bureau said that it would work with relevant municipal departments, central institutions stationed in Shenzhen and all districts to better meet the demand of residents for rigid and improved housing, solidly promote the work of guaranteeing the delivery of buildings, effectively maintain the order of the real estate market, and promote the stable and healthy development of the real estate market in Shenzhen.

  

  From January to July 2023, the national real estate development investment was 6,771.7 billion yuan, down 8.5% year-on-year; Among them, residential investment was 5,148.5 billion yuan, down 7.6%.

  Also on July 30th, Guangzhou Housing and Urban-Rural Development Bureau also stated that it would adhere to the general tone of striving for stability, seek truth from facts and step up implementation, and launch relevant policies and measures as soon as possible in light of Guangzhou’s actual situation, vigorously support and better meet the demand for rigid and improved housing, and promote the stable and healthy development of Guangzhou’s real estate market.

  On July 31, the Shanghai Municipal Commission of Housing and Urban-Rural Development and the Municipal Housing Management Bureau stated that they would adhere to the general tone of striving for stability, implement the new development concept completely, accurately and comprehensively, support the rigid and improved housing demand due to the city’s policy, do a good job in ensuring the delivery of buildings, people’s livelihood and stability, and promote the stable and healthy development of the Shanghai real estate market.

  This is the first time since 2017 that four first-tier cities have made a centralized statement. Chen Jia believes that the policies of some core first-and second-tier cities are relatively strict, and there is still much room for policy adjustment. Feng Jianlin suggested that first-tier cities can also have more creative practices. For example, zoning policies allow districts to appropriately adjust policies such as purchase restrictions.

  In addition to the North, Guangzhou and Shenzhen, the provincial level and many cities such as Chongqing, Zhengzhou, Nanjing, Hefei, Shenyang and Xining have introduced policies related to real estate. At the provincial level, the Hunan Provincial Department of Housing and Urban-Rural Development issued the Notice on Further Stabilizing the Real Estate Market in July 2023, and introduced 11 measures such as classified regulation of the property market and regional linkage regulation. Jiangsu allows all localities to take comprehensive measures such as house purchase subsidies, house ticket placement, house purchase group purchase, etc. to better meet the housing demand of residents.

  The property market policies introduced by several cities have different characteristics. Hefei proposed to boldly and steadily promote the pilot project of "existing home sales" of commercial housing, and actively explore the pricing of commercial housing sales according to the interior area. Zhengzhou implements the policy of "recognizing houses but not loans"; For the purchase of improved housing, the original housing will be suspended from the sale restriction policy.

  Many cities also encourage the purchase of houses in the form of housing subsidies. For example, Nanjing introduced a housing subsidy policy. Its policy is clear, encouraging the new six districts to continue to purchase new commercial housing within the specified period according to the actual situation of the regional market, and give a certain proportion of housing subsidies according to the contract price. Qixia District and Yuhuatai District will implement subsidies for the purchase of new commercial housing after evaluating the actual market situation within their respective jurisdictions, effectively reducing the burden of rigid and improved housing purchase. In addition, some third-and fourth-tier cities have also introduced housing subsidy policies. For example, Jinhua, Zhejiang, gives 0.8% ~ 1.2% subsidy to residents who buy houses from August to September this year, and Lanxi, Zhejiang gives 1% subsidy to residents who buy new houses from August to September this year.

  Many places have also given policy support from the housing provident fund system, especially encouraging the withdrawal of provident fund as a down payment trend. On August 4, Hainan Provincial Housing Provident Fund Administration and Hainan Provincial Department of Housing and Urban-Rural Development issued a notice, allowing Hainan to withdraw housing provident fund to pay the down payment for the purchase of new commercial housing and affordable housing in the province. In addition, Chongqing, Qingdao, Shandong, Fuyang, Anhui, Meizhou, Guangdong and other places have clearly proposed to encourage the withdrawal of provident fund for down payment.

  Regarding the policies at different levels and in different cities, Chen Jia believes that there are great regional differences in urban development, so in the future, all localities must make policies according to local conditions and cities. It is necessary to fully estimate the space and time for the adjustment of local policy toolboxes, and pay close attention to the specific market operation of each city. Judging from the time series data, the current real estate restrictive policies in the second, third and fourth tier cities are in the basic liberalization range.

  "China’s real estate industry policy adjustment in the future can be considered from four directions. First, adjust and optimize regional policy price limits and stabilize price repair expectations; The second is to optimize the recognition of housing and loans, reduce the down payment, and release the just-needed; The third is to optimize the purchase restriction policy and accelerate destocking due to the city’s policy; The fourth is to open up a blocking point in the second-hand housing sales market and accelerate the capital turnover in the real estate market. " Chen Jia said.

  

  From January to July 2023, the sales area of commercial housing was 665.63 million square meters, down 6.5% year-on-year. The sales of commercial housing reached 7,045 billion yuan, down by 1.5%.

  The exposure of housing enterprises’ debt risks affects market expectations.

  Recently, the news about Country Garden has been overwhelming. The reason is that Country Garden has two US dollar debt coupons due on August 7, totaling 22.5 million US dollars, but it failed to pay them on time. On August 10th, Country Garden issued a profit warning and insider information announcement. It is mentioned that the company’s management has made a profound reflection. Although it has predicted the current market adjustment cycle, it has underestimated the depth, intensity and persistence of the market downturn, failed to make a more powerful response as early as possible, failed to see that the supply and demand relationship in the real estate market has undergone major changes, and failed to understand the potential risks such as excessive investment ratio in third-and fourth-tier cities and lower-tier cities, insufficient speed of debt ratio drop, and failed to resolve them in time and effectively.

  According to the financial report, by the end of 2022, Country Garden’s contracted sales in third-and fourth-tier cities still accounted for 60%; The land that has been signed or delisted has a building area of 201.5 million square meters, 79% of which are distributed outside Guangdong and are highly scattered all over the country. The profit warning and insider information announcement mentioned that the company’s net loss in the first half of 2023 will be between 45 billion yuan and 55 billion yuan.

  Subsequently, on August 11th, Country Garden issued an apology letter. Yang Huiyan, chairman of the board of directors of the company, and Mo Bin, president of the company, said in a joint letter that although the company has gone all out to save itself, the overall market has not recovered, the absolute scale of the industry has declined, it will take time to restore confidence in the capital market, and the overall operating pressure of the company has increased, facing the biggest difficulty since its establishment.

  Regarding the recent Country Garden real estate incident, Fu Linghui said that at present, the real estate market is generally in the adjustment stage, and some housing enterprises have encountered certain difficulties, especially the debt risks of some leading housing enterprises have been exposed, which has affected market expectations. However, we should see that these problems are phased. With the gradual function of the market adjustment mechanism and the adjustment and optimization of the real estate market policies, the risks of housing enterprises are expected to be gradually resolved.

  Not only Country Garden, but also many real estate enterprises are experiencing "the darkest hour" in recent years. Evergrande, which was the first to have problems, issued a clarification announcement on the market news about "bankruptcy protection" on August 18th. The announcement said that it is currently promoting overseas debt restructuring as planned. "As the US dollar bonds of the Company are governed by the laws of new york, the Company applied to the US court for recognition of the overseas debt restructuring arrangements under the legal systems of Hong Kong and British Virgin Islands (BVI) in accordance with Chapter 15 of Title 11 of the US Code, which is part of the normal overseas restructuring procedure and does not involve bankruptcy application."

  

  Buyers expect that the policy will be adjusted, and the mortgage down payment and interest rate may be lowered, so the wait-and-see mood is strong. The picture shows Hu Yan/photo of a real estate sales center in Qingyuan, Guangdong.

  And Sunac is still saving itself. On August 18th, Sunac announced on the Hong Kong Stock Exchange that it expected a net loss of 15 billion yuan to 16 billion yuan in the first half of the year, compared with 18.76 billion yuan in the same period last year. "The loss was mainly affected by the downturn of the real estate market, and the gross profit margin of the carried-over property projects was low during this period, and the expected net exchange loss was caused by foreign exchange fluctuations."

  In order to solve the debt repayment problem, Sunac has been selling projects recently. On July 7th, Sunac sold 100% equity of Zhenhuafu Project Company at a price of 200 million yuan. The buyer was Ronglian Road and Bridge Company designated by Rong Feng Company to offset Sunac’s debt of 200 million yuan to Rong Feng Company. On August 10th, Sunac sold the Rongyao City Project in Fuzhou, which was jointly developed with Shoukai. On August 17th, Sunac announced that it would sell three projects, including Zhenhuafu Hotel, Wangjinsha Hotel and Hefei Xiuchang Hotel, with a total amount of about 1.23 billion yuan, in order to solve the debt repayment problem of Rong Feng Company.

  For many housing enterprises facing the "dark moment", Feng Jianlin believes that on the whole, the entire real estate industry has entered the downward channel, and both private enterprises and state-owned enterprises will face pressure. At present, urbanization has obviously slowed down. Before the epidemic, the urbanization rate increased by 1.3-1.5 percentage points every year, but only by 0.5-0.8 percentage points in the past two years. The population of new cities has dropped by about half, so naturally there is no need to build so many new houses. Therefore, there is a serious overcapacity in the real estate development industry.

  "Now, to go through a process of de-capacity, a considerable number of housing enterprises will eventually be eliminated. This process will continue for some time, and winter is still very long. Housing enterprises should prepare for the winter as soon as possible, quickly reduce leverage, be flexible in price policies, and do more marketing through various methods. " Feng Jianlin said.

  Chen Jia believes that no matter how the property tax and other policies are optimized, China’s real estate industry must change the low-quality development model of "high debt, high leverage and high turnover" for many years.

  "The recent transformation of the real estate industry from light assets to emerging service industries such as property management and business management is an active exploration of accelerating reform, upgrading risk control, digital transformation and business model transformation, and promoting the transformation of the real estate industry to a high-quality development model. In the future, with the continuous deepening of digital technology, financial technology and technological progress in the real estate industry chain in China, the comprehensive digital transformation of the real estate industry will continue to exert its strength. The foundation of destocking and risk reduction in China’s real estate industry is expected to be further consolidated, the central policy is expected to be effectively implemented, and the macro economy is expected to be further supported and pulled by the real estate industry. " Chen Jia said.

  ("Xiaokang" China Xiaokang. com exclusive feature)

  This article was published in the mid-September 2023 issue of Xiaokang.

  Author: Mai Wanhua

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