[Quarterly Report] The loosening of oil supply is expected to increase first and then decrease.

 The loosening of oil supply is expected to increase first and then decrease.


Written date: March 29th, 2024

Huishang Futures Co., Ltd.

Qualification of investment consulting business:

Wan Zheng Jian Han Zi [2013] No.280

Huishang futures institute

Oil and grease team of agricultural products department

Guo Wenwei Oil Analyst

QualificationNo.: F3047852

Investment consulting number: Z0015767



0one
Abstract

1. At present, Brazilian soybeans are listed on the market, and Brazilian soybeans will enter the peak of export in the second quarter. The inventory of American soybeans increased year-on-year, and the soybean planting area in 24/25 is expected to increase compared with 83.6 million acres in 23/24. The increase in the planting area of old crops and new crops will adjust the loose pattern of new soybeans.

2. After Ramadan, palm oil export demand was replaced by competitive oils and fats due to price influence, or faced with weakness again, and output resumed to increase. It is expected that Malaysia’s inventory will turn from decline to increase.

3. It is estimated that imported soybeans will arrive in Hong Kong in April and 10.5 million tons in May. In the second quarter, supply will turn loose, and soybean oil inventories will stop falling and rebound. At present, the oil factory has abundant rapeseed stocks, and the vegetable oil depot is at a high level in the past five years. With the continuous arrival of imported rapeseed and vegetable oil in Hong Kong, the imported vegetable oil stocks remain at a high level.


Risk warning:Shipment delay of imported oil


02
Market review

In the first quarter, oil and fat fluctuated strongly, driven by strong palm oil. Palm oil 05 contract rose by 14.7%, while soybean oil and vegetable oil were suppressed by the expectation of loose fundamentals, and the increase was much lower than that of palm oil, only 3% and 1.5%. The spread between bean vegetable oil and palm oil continued to shrink.

The decline of palm oil production in Southeast Asia during the seasonal production reduction period provided support for the market. The January flood caused the palm oil production to drop more than expected, and the stock of horse palm oil fell more than expected. In the first half of January, palm oil at home and abroad rose sharply, which led to the rebound of bean vegetable oil. However, CBOT American beans showed a continuous downward trend, and the main contract continued to decline, falling below the 1200-cent mark. The pressure of high soybean yield from South America continued to be released. With the harvest of Brazilian soybeans, the premium of Brazilian soybeans was greatly reduced, and the import cost of soybeans dropped significantly, dragging down the stagflat Palm oil production continued to decline in February. Although the export was less than expected, the output fell more than the demand, and the excessive decline in inventory supported the price. Then in March, the Kuala Lumpur meeting delegates were generally optimistic about the demand for palm oil in Southeast Asia. Ramadan, which began in mid-March, delayed the resumption of palm oil production, while the holiday demand stimulated the continuous decline in inventory and supported the continuous rise of horse palm. Domestically, palm oil imports were low in the first quarter, stocks continued to decline, and fewer ships were bought in April and May, which led to the continuous refreshing of palm oil highs, which led to the rise of bean vegetable oil. However, the fundamental supply of bean vegetable oil was expected to be loose, resulting in a lower increase than palm oil, and the price difference between bean vegetable oil and palm oil was upside down. In late March, the market expected that the intended area of US soybean planting and the inventory at the end of the season were generally empty, and the import of soybeans in Hong Kong was huge in the second quarter, and more rapeseed was imported, which led to the pressure correction of bean vegetable oil.

Figure 1: Trend of Oil Contract Disk (RMB/ton)

Source: Wind, Huishang Futures Research Institute.


0three
Analysis of supply and demand and influencing factors

(A) South American soybean centralized listing stage supply pressure

This year, the overall yield of soybeans in South America is high. The USDA estimates that Argentina’s soybean output is 50 million tons, and Brazil’s soybean output is 155 million tons. The output of the two countries is 18 million tons higher than that of last year, but other institutions estimate that Brazil’s soybean output is 145-150 million tons. From the current point of view, it is more likely that USDA will continue to reduce Brazil’s soybean output in the future. At present, Brazilian soybeans are being listed on the market. According to Conab’s harvest progress survey data, as of March 24th, Brazil’s soybean harvest area in 2023/24 has reached 66.3% of the national planting area. With the advancement of soybean harvest, Brazil’s soybean export pace is expected to accelerate seasonally. According to the data of National Association of Grain Exporters (ANEC), Brazil’s soybean export in March is estimated to be 13.48 million tons, which is higher than 9.53 million tons in February. In the second quarter, Brazilian soybeans will enter the peak period of export. However, Brazil has increased the soybean blending rate to 14% since March, which will lead to an increase in domestic crushing demand. If soybean production continues to decrease, it will correspondingly squeeze the export share.

Fig. 2: Soybean output of main producing countries in South America (million tons)

Figure 3: Brazilian soybean exports in the current month (tons)

Source: USDA, Huishang Futures Research Institute.

According to the report data of USDA, the quarterly inventory of US soybeans in March 2024 was 1.845 billion catties, compared with 1.686 billion catties in the same period last year, and the average market expectation was 1.828 billion catties. The report data slightly exceeded the market expectation. USDA released the planting intention report in March, which showed that the soybean planting area was 86.51 million acres, 990,000 acres lower than the 87.5 million acres announced in the February Outlook Forum report, and the average market expectation was 86.53 million acres, which was in line with market expectations. On the whole, the data of this quarterly report is slightly higher than the market expectation, while the planting area is basically in line with the market expectation, and the marginal adjustment of this report is small. However, compared with the inventory of 1.686 billion catties in March 2023, the soybean planting area in 24/25 is expected to increase compared with 83.6 million acres in 23/24, and the increase in the planting area of old crops and new crops will adjust the loose pattern of new soybeans.

(B) Palm oil into the resumption of production and supply marginal easing.

The traditional production reduction season ended and the production increase cycle entered in March. However, Ramadan from March 12 to April 10 added new variables to increase production, and Malaysian plantations will experience short-term labor shortage and shortened working days. During Ramadan, the production of horse palm is usually reduced or the production is not smooth. At present, the MPOA data shows that the production of horse palm increased by 2.98% from March 1 to 20, and the SPPOMA data shows that the production of horse palm increased by 12.3% from March 1 to 25, which is a sharp contraction compared with the 22.4% increase from January to 20. It is estimated that the overall production of horse palm will further shrink to about 10% in March, that is, the production will increase to about 1.39 million tons.

At present, the spread of international soybean palm, sunflower palm and vegetable palm has been shrinking, and the substitution effect of competitive oil is gradually emerging. The weakening of palm oil price comparison advantage has prompted major demanders to reduce their purchases. In February, the total inventory of vegetable oil ports and channels in India was 2.38 million tons, down 10% from the previous month, down 31% from the same period of last year, and the inventory of palm oil ports was 390,000 tons, down 26% from the previous month. Against the background of low domestic palm oil inventory and boosting demand in Ramadan, there was a demand for replenishment in India, but the oil price difference between beans and palm oil was upside down, and the export growth of horse palm was limited. The export of horse palm shown by shipping agencies increased by 13.77% from March 1 to 20 compared with the previous month. In March, the normal production of horse palm was delayed due to Ramadan, while the holiday boosted the demand for stocking. It is expected that the inventory will continue to fall in March. After Ramadan, the export demand was replaced by competitive oils and fats due to price influence, or faced with weakness again, and the output resumed to increase. It is expected that Malaysia’s inventory will turn from decline to increase.

Figure 4: Output of Malay Palm Oil (10,000 tons)

Figure 5: Malaysian palm oil inventory (10,000 tons)

Source: MPOB, Huishang Futures Research Institute.

(C) Short-term and long-term supply of domestic oils and fats is loose.

According to customs data, China imported 390,000 tons of palm oil in January and February, down 37% year-on-year. In recent months, the arrival of palm oil in Hong Kong has decreased, the factory inventory is tight, and some areas have queued for delivery. According to the monitoring of the National Grain and Oil Information Center, on March 26th, the palm oil inventory in coastal areas was 550,000 tons, down 92,000 tons from the previous month and 440,000 tons from the same period last year. At present, the quotations of foreign investors for near-term and long-term contracts all show a strong trend, which leads to the upside-down phenomenon of import profits and the delay in opening the window for buying ships. Therefore, the number of ships imported in the near future is relatively limited. According to Mysteel’s statistics, palm oil arrived in Hong Kong about 150,000 tons in March, less than 150,000 tons in April and less than 200,000 tons in May. Although the price difference between soybean and palm oil has shrunk significantly, the South China factory reduced the blending ratio of blended oil in middle packaging, and replaced palm oil with soybean oil. The downstream only needed to purchase, and the supply and demand of palm oil were weak, and it slowly went to the warehouse in the second quarter.

In February, the profit of domestic imported rapeseed began to turn positive, and enterprises bought more ships for rapeseed. According to the current ship purchase, it is estimated that 480,000 tons of imported rapeseed will arrive in Hong Kong in March, 500,000 tons in April and 420,000 tons in May. At present, the rapeseed inventory in oil plants is abundant. According to the monitoring data of China Grain and Oil Business Network, the total inventory of domestic imported rapeseed was 394,000 tons at the 12th weekend, a decrease of 31,000 tons from 425,000 tons last week and a decrease of 233,000 tons in the same period last At present, the operating rate of rapeseed in oil plants is high, and the output of rapeseed oil is on the high side. The inventory of imported pressed rapeseed oil is 456,000 tons, an increase of 18,000 tons compared with last week, which is at a high level in the past five years. With the continuous arrival of imported rapeseed and rapeseed oil in Hong Kong, the inventory of imported rapeseed oil remains high.

According to customs data, the number of imported soybeans in China from January to February 2024 was 13.04 million tons, which was 8.8% lower than the same period of last year, the lowest since the same period of 2019, and the inventory of imported soybeans in domestic oil plants declined. Due to the low arrival of imported soybeans in Hong Kong, the startup of soybeans in oil plants declined, and the startup of soybeans fell to 41.5% in the 12th week, and the inventory of soybean oil continued to decline. As of March 26th, the inventory of soybean oil was 720,000 tons. At present, domestic oil plants have made a lot of profits in purchasing Brazilian soybeans. In March, they purchased 10.56 million tons of soybeans, and in April, they purchased 9.57 million tons. Imported soybeans are estimated to be 10 million tons in Hong Kong in April, and 10.5 million tons in May. In the second quarter, supply turned loose, and soybean oil stocks will stop falling and rebound.

Figure 6: National Soybean Oil Inventory (10,000 tons)

Figure 7: Commercial inventory of palm oil in China (10,000 tons)

Source: iFind, Huishang Futures Research Institute.

(D) Analysis of demand and influencing factors

Due to the tight supply caused by the decrease of domestic palm oil imports, the spot price of palm oil is higher than that of soybean oil, which leads to the use of soybean oil in middle packaging oil by oil plants in South China. The blending ratio of soybean oil and palm oil changed from 1:9 to 9:1, which led to a decrease in palm oil demand, a significant decrease in palm oil turnover, and an increase in soybean oil replacement demand, and a significant increase in spot turnover. As of the week of March 22nd, the spot and basis turnover of soybean oil rose to 339,000 tons, and the supply of palm oil continued to be on the side in April and May.

Figure 8: Soybean oil turnover (ton)

Figure 9: Palm oil turnover (ton)

Source: iFind, Huishang Futures Research Institute.


0four
Market outlook

Brazil’s soybeans are listed centrally and enter the peak period of export. In April and May, imported soybeans reached 10 million tons in Hong Kong, soybean crushing and soybean oil production in oil plants will return to a high level, and supply will turn loose. In April and May, imported rapeseed bought more ships, and the current vegetable oil inventory was high, and the imported vegetable oil arrived in Hong Kong steadily, which further increased the supply pressure. Palm oil production resumed in the second quarter. However, due to Ramadan in April or the delay in palm oil production, the accumulation of palm oil in the production area may be delayed until May. Domestic palm oil was affected by the upside-down import profit, and the import volume decreased year-on-year. In April, fewer ships were bought. If palm oil production increased in May, the price reduction in the production area gave the domestic profit of buying ships, and palm oil stocks would stop falling and rebound. On the whole, the tight supply of oil in the near future is still supported, and the long-term supply is expected to be loose. In the second quarter, the oil price may turn from strong to weak. However, after the resumption of palm oil production, the market focus will turn to the planting area of American beans. With the spring sowing of American beans, there are great uncertainties in factors such as planting area and weather, and the relationship between the strength of soybean palm oil may change, so we should pay attention to the opportunity of expanding the oil price difference between soybean and palm oil.



[Disclaimer]

We believe that the information contained in this report is obtained or compiled from reliable sources, and Huishang Futures does not guarantee the accuracy, validity or completeness of the information or data contained in this report. The opinions in this report should not be regarded as the direct basis for any futures and options commodity trading. Without the authorization of Huishang Futures, no one may publish or copy the contents of this report in whole or in part in any form.


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How does generative artificial intelligence change the world? Zhang Yaqin, Russell and Ceng Yi said this.

On March 27th, at the sub-forum of "AIGC (Generative Artificial Intelligence) Changing the World" of the 2024 annual meeting of Boao Forum for Asia, China Academy of Engineering, Professor Tsinghua University, Zhang Yaqin, Dean of Tsinghua University Intelligent Industry Research Institute (AIR), Stuart Russell, author of "Artificial Intelligence: Modern Methods", professor of computer science department of University of California, Berkeley, researcher of Institute of Automation of China Academy of Sciences, expert of United Nations artificial intelligence senior advisory body, and many other experts.

Experts believe that at present, artificial intelligence is still the "fifth kilometer" of the 42-kilometer marathon, and everyone has a chance. The future must be the integration of artificial intelligence and machine intelligence. Of course, the risk is great, so we must face up to the risk. If it is not guided and controlled, this risk will turn into a risk of survival.

Zhang Yaqin: Artificial intelligence is still the "fifth kilometer" of the 42 km marathon.

At the scene of the sub-forum, Zhang Yaqin talked about the relationship between the big model and the generative AI. He thought that one is technology and the other is ability, because with the pre-trained, super-large-scale and self-monitoring big model, the generative AI (artificial intelligence) can have such high energy.

Regarding the trend of the big model, Zhang Yaqin said, firstly, it is multi-modal, and secondly, the big model of artificial intelligence is moving towards autonomous intelligence, which can make goals, plan tasks, make paths, complete schemes and code itself. The third is edge intelligence. Now the big model is mainly in the cloud, and it will go to mobile phones, PCs, robots, cars and so on in the future. "The most important thing is that the whole world is now moving towards the physical world and the biological world. Therefore, generative AI can not only carry out speech recognition, face recognition and image recognition, but also create and generate, not only text, images and videos, but also codes, drugs, mathematical formulas and physical equations. Therefore, generative AI will bring about tremendous technological and paradigm changes."

However, Zhang Yaqin believes that there are some risks in the change. "Of course, I am an optimist. I think human beings have two kinds of wisdom, one is the wisdom of inventing new technologies, and the other is the wisdom of guiding the development of technologies. Therefore, we can manage while developing, but we must think of governance while innovating and developing."

In view of the future development of AI, Zhang Yaqin believes that elements, computing power, algorithms, data and talents are all important, but in the long run, talents are the most important.

Zhang Yaqin believes that at present, artificial intelligence is still the "fifth kilometer" of the 42km marathon, and everyone has a chance. The future must be the integration of artificial intelligence and machine intelligence. Of course, the risk is great, so we must face up to the risk. If it is not guided and controlled, this risk will turn into a risk of survival.

Stuart Russell: Learning AI system is the direction of efforts.

In the sub-forum, Stuart Russell put forward his views on the development path of AI and the competition and cooperation between China and the United States.

Stuart Russell said that the next generation of GPT5, people may find that its training materials are ten times as much as before, but it also means the end of data, and there is no more data in the universe. At this time, if there is no real universal intelligence, human beings must look for different directions. "I don’t think synthetic data can change this problem, because synthetic data is not a real number, and it will not make the system more capable."

What are the possible new directions? Stuart Russell mentioned that by combining probability theory with programming language, we can use expression language to learn new concepts. So far, this technology has not been developed like the big language model, and more human intervention is needed to create a structural model. "Let AI system learn and produce products like human beings. At the same time, human beings can understand its internal operating mechanism, which is the direction of our efforts."

When talking about the concurrence of AI between China and the United States, Stuart Russell said that competition is benign and the statement of zero-sum game is very wrong. If AI is safe and can benefit human beings, even more powerful than human beings, many people will benefit from it. From this perspective, competition is meaningless. The core issue is how human beings can coexist with technology safely.

Ceng Yi: Super intelligent artificial intelligence should be super altruistic.

In the sub-forum, Ceng Yi talked about the future development direction of AI and his views on AI competition between China and the United States. Ceng Yi said that the current AI seems to be close to the so-called AIGC, but in fact there is no relationship between the two.

Ceng Yi believes that what we must do is to bring the real artificial intelligence to the world and serve the world, and at the same time, to study the possible risks. "Artificial intelligence evolves very fast, and the speed of human learning from history and nature is too slow. If human beings don’t reflect, it is not artificial intelligence but human beings who bring catastrophic risks to human beings, because human beings have not learned how to get along with ecology in the evolution of hundreds of millions of years. When there is intelligence with a higher level of intelligence than human beings in the ecology, that is the greatest risk for human beings."

However, Ceng Yi is still optimistic about the future. He believes that the artificial intelligence of super intelligence should be super altruistic, but the question is whether the artificial intelligence constructed by human beings is super altruistic now, and whether human beings can embed the law of nature evolution into artificial intelligence, so that it can become an extension of natural evolution and pay attention to other life, instead of bringing disastrous consequences to other life and the world. This is the direction that artificial intelligence technology research and future human evolution need to evolve together.

In view of the competition of AI between China and the United States, Ceng Yi believes that neither the United States nor China can really lead the future artificial intelligence. Artificial intelligence is a basic and enabling technology, and the world is big enough for China, the United States and more countries to find opportunities in building infrastructure and applications. The more critical question is how the whole world can unite to construct safer, more reliable and more credible artificial intelligence for human prosperity, which is the goal of more unity in the world.

Beijing News Shell Finance reporter Pan Yichun

Editor Yue Caizhou

Proofread Sissi

Wang Yi talks about the current situation in South China Sea.

  CCTV News:According to the website of the Ministry of Foreign Affairs, during his visit to Singapore and Malaysia, Member the Political Bureau of the Communist Party of China (CPC) Central Committee and Foreign Minister Wang Yi exchanged views with the politicians of the two countries on the current situation in the South China Sea and clarified China’s position.

  Wang Yi said that over the years, with the joint efforts of China and ASEAN, the situation in the South China Sea has achieved overall stability and provided a good environment for their respective development. Some forces, such as the United States, are afraid that the South China Sea will not be chaotic and continue to make waves in this sea area. Recently, the Ren’ai Reef dispute has been used to stir up trouble between China and the Philippines, encouraging confrontation and undermining peace and tranquility in the South China Sea, so as to serve the geopolitical strategy of the United States itself. China hopes that regional countries will keep necessary vigilance against those behind the scenes and take the leading role in maintaining peace and stability in the South China Sea into their own hands. China has repeatedly stated that it is willing to settle its differences with the Philippines through bilateral dialogue. Greece and the Philippines abide by the consensus reached in the past, cherish the mutual trust accumulated in the improvement of bilateral relations, move in line with China as soon as possible, and seek effective ways to control the maritime situation.

  Wang Yi emphasized that China is willing to work with ASEAN countries to accelerate the consultation on the "Code of Conduct in the South China Sea" and strive to reach effective and substantial regional rules in line with international law including the United Nations Convention on the Law of the Sea at an early date. We believe that China and ASEAN countries are fully capable and wise to maintain peace and stability in the South China Sea and build our common home.

True me GT7 Pro racing edition pushes realme UI 6 15.0.0.620 update, adding many functions.

My GT7 Pro racing version of the mobile phone has been upgraded and pushed by realme UI 6 15.0.0.620, adding functions such as charging one-button Boost mode, sound splitting, floating window transparency adjustment, etc. At the same time, AI features such as Xiaobu assistant ordering takeout and buying movie tickets have also been adapted.

[Play more freely]

The new version adds a charging one-button Boost mode, which further breaks through the intelligent speed charging temperature control and brings a more extreme charging experience.

[Voice is more spontaneous]

A new sound splitting function is added to support the adjustment of the volume of human voice and background sound in music.

"Practical function is more worry-free"

The floating window transparency adjustment function is added to reduce the shielding of the bottom interface. Added support for dragging cards of the same size together on the desktop, and the cards will be stacked and displayed. Added to Xiaobu Suggestion and Fluid Cloud, showing the fulfillment services of JD.COM Takeaway and Taobao Flash Purchase, which is convenient for obtaining information. Added video and live photo editing capabilities, supporting the export of video as live photos and live photos as high-list maps. The new total recall supports automatic grouping by contact; Recording supports custom grouping, which is convenient for managing recording files. Add the mini-floating window switching function, click the menu at the top of the floating window or double-click the mini window to quickly switch between the floating window and the full-screen application. The automatic locking ability of the state of the buoy on the side of the floating window is added, and the process will not be abnormally cleared after being accepted as a buoy. New support for multi-screen touch, one application full screen display, one application free floating window display, dual applications can be operated at the same time, more efficient. After the new mobile phone is projected to the car screen through CarLife, the projection resolution can be adjusted on both the mobile phone and the car screen. When adding a mobile phone to the car screen, it supports turning off the screen refresh rate, so that the mobile phone can restore a high refresh rate and use it more smoothly; Support to adjust different screen frame rates, support Gaussian blur effect, and enhance visual experience.

[Smart AI upgrade again]

The newly added small cloth assistant supports ordering take-out when you are hungry, which is more convenient. The new cloth assistant supports the purchase of the same milk tea and coffee displayed on the screen. For example, say to Xiao Bu’s assistant, "Order the same cup of coffee on the screen". Add a voice to wake up Xiao Bu and let Xiao Bu help you order a historical takeaway. For example, say to Xiao Bu, "Help me order a takeaway from the last order" (currently, only Meituan, Meituan takeaway and hungry takeaway that have been ordered within one month are supported). Taobao Film movie tickets can be purchased through Xiao Bu’s assistant. Wake up Xiao Bu’s assistant to say the search words related to movies, and you can display the information of movie times on Taobao Film, which makes it easier to buy movie tickets. Add a small cloth screen word selection mode. After clicking, you can perform word segmentation and word selection on the text on the screen, which is convenient for selection and copying, and the operation is more convenient. Add a question and answer button on the home page of Xiaobu Memory Application. The question and answer content supports collection, long press copy and other operations. When the article reading function using small cloth screen is added, more timbres can be selected, and the reading effect is more natural. Optimize the typesetting format after the text is extracted from the small cloth screen. Optimize the effect of small cloth screen to extract pictures, and support the extraction of original pictures. Optimize the deep thinking function and intelligent reply logic of Xiaobu assistant, and reply more quickly. Optimize the existing translation function of the translation App, access the translation ability of AI big model, make the text translation more authentic, make simultaneous interpretation smoother and support recording. Optimize the small cloth screen recognition trigger gesture, only support two-finger pressing to trigger screen recognition, and support the application of custom opening trigger, effectively reducing false touch.

"More useful functions"

Adding calendars supports deleting schedules in batches. Added realme Sans and true font selection in more languages. Add the function of ringing gradually. When the alarm clock rings, the sound will gradually increase from low to high. Add minor mode and desktop icon, which can help minors to use their mobile phones healthily after opening. Added support to hide contact numbers in the interface of incoming calls and call records, reducing the risk of privacy leakage. Add more commonly used applications to support automatic filling in the login page by using the password book. When the password book is added to fill the account password, you can choose the account password of other applications to fill it automatically, thus improving the experience. The structure of the call setting page is optimized, and the function arrangement is more intuitive. Optimize the incoming call interception rules, and select more interception thresholds for tag number types (such as harassing calls, advertising sales, etc.) for easy setting. Optimize the recording grouping function, and add general grouping. The recordings in standard, conference and interview modes will be automatically grouped into general grouping. Optimize the alarm clock ringing and fluid cloud card display logic in the incoming call scene to improve the call experience. Optimize the display position inconsistency of mini floating windows in some scenes. Optimize the mobile position range of the mini floating window, support dragging the mini floating window to the bottom of the screen, and improve the experience.

[game]

Fix the failure of the auxiliary function of the new version of the original God.

[safety]

Update Android security patch until July 2025 to improve system security. It should be noted that in order to ensure the stability of the system, it usually takes 2 to 3 weeks for the realme mobile phone system version to be released in grayscale and pushed in full, and users who have not received the update need to wait.

The true GT7 Pro racing version of the mobile phone was released in February this year, equipped with Snapdragon 8 Extreme Edition processor, equipped with LPDDR5X memory+UFS 4.1 flash memory; Built-in 6500mAh Titan battery supports 120W fast charging. The machine is equipped with a 6.78-inch 1.5K e-sports dome screen (peak brightness of 6000nit+global brightness of 1600 nit), which supports eye protection in the whole scene and instantaneous touch sampling rate of 2600Hz, and adopts the design of equal-depth four-curve screen. The machine is also equipped with "bypass charging" technology, claiming that the power supply bypasses the battery and directly supplies power to the game, reducing the heat of the equipment and making the frame rate more stable. True GT7 Pro racing edition supports IP68&IP69 full waterproof, pre-installed realmeUI 6.0 system, and provides functions such as watermark master, realme mutual transmission, brand-new fluid cloud, LivePhoto and so on.

Disclaimer: The content of this article is automatically generated by an open intelligent model for reference only.

The word-of-mouth fermentation of Anger Serious Crime has opened up new ideas for Hong Kong gangster films.

Original title: Hong Kong gangster film opens up new ideas.


The film "Anger Serious Case", which was directed, supervised, supervised and starred, has been at the top of the single-day box office for many days since its release. Thanks to the audience’s high enthusiasm for watching movies, the proportion of box office and film arrangement continued to rise. In addition to the excellent box office, the film has won a high reputation from the audience on all major platforms.


"It’s all too much, it’s all madness." David Baudelaire, a film critic, commented on Hong Kong films in the 1990s, telling the spiritual meaning of Hong Kong films in that golden age. In the production of gangster films, Chen Musheng’s posthumous work "Anger Serious Case" rekindled the charm of Hong Kong films with a cavity of "anger", which aroused the audience’s recollection and expectation of the "eternal topic" of the game between gangsters and robbers, and also caused fans to pay collective tribute to Chen Musheng, a Hong Kong filmmaker.


The word "anger" is no longer strange to Chen Musheng. More than ten years ago, a very successful gunfight scene was created, which really marked the formation of Chen Musheng style. From this point on, Chen Musheng began to make full use of its firepower in police films — — … … Where the plot goes, there is not much truth for both sides to talk about, and bullets and grenades are worth a thousand words. Interestingly, young audiences who have already been fed by Hollywood blockbusters are more interested in Chen’s style of "martial arts", and often they can come up with a few golden sentences, such as "Jesus can’t keep him, I said!" In the hail of bullets, the characters can still be set up vividly. This time, Anger Serious Case continues this trend.


We can get a glimpse of the protagonist’s character in Anger Serious Crime. Donnie Yen, an action superstar, and Nicholas Tse, a "cross-border singer", respectively played two ordinary policemen in the Hong Kong Major Crimes Unit. Zhang Chongbang, played by the former, is honest and abides by principles, even to the point of "stressing death". Qiu Gang ‘ao, played by Nicholas Tse, also has a dream of justice, but he is appreciated by the leaders because he knows the internal "rules" of the police station. The atypical character of the latter also laid the groundwork for the future blackening. The appearance of a kidnapping case of a rich man contributed to the watershed of their lives — — Qiu Gang ‘ao’s mistake was caused by his boss, so that he and a group of colleagues were accused by the court and eventually jailed. In this regard, the "Return of the Gods" in "The Serious Case of Anger", a series of gun battles and dramas that disturbed all sentient beings began to be staged, and its wonderful popularity was, in the words of the audience, "worthy of the ticket price!"


Whether it’s gun battles, hand-to-hand combat, racing, blasting, or abandoned shopping malls, slums, sewers, cathedrals … … In the constantly changing scenes, director Chen Musheng accurately expressed his understanding and persistence in the Hong Kong gangster film "Hard Bridge and Hard Horse". Among them, there are racing chasing in downtown, Donnie Yen’s visual shock with one enemy and a hundred enemies, Nicholas Tse’s cool and biting when playing butterfly knife, and the fierce fighting of the protagonist in the church confrontation — — Every action scene is both dangerous and difficult, and finally presents the ultimate embodiment of violence aesthetics. In order to show the "martial arts" of police films, director Chen Musheng can also be said to have spared no expense — — Fast, accurate and fierce fighting, hard, burning and bombing gun battles, and the double impact of boxing to meat and bullets are the double enjoyment of the audience’s vision and hearing, and the adrenaline is soaring wildly. The exquisite audience sighed with emotion that the sound of AK47 pulling the bolt in the film is the same as that of a real gun, and the sense of the scene is full, which makes people close their eyes and shout. This feeling is like the "smell" of Hong Kong gangster movies many years ago.


The whole movie focuses on "anger", which includes not only the anger of Qiu Gang ‘ao and others who were abandoned in prison, but also the anger of Zhang Chongbang after the tragic death of his colleague and the abduction of his wife. However, this anger did not push the characters into the corner of both good and evil. Black is not all black and white is not all white, just like yin and yang gossip. And this is exactly what Chen Musheng wants to express: The world is either black or white, and there are many gray areas.


In the face of helpless and heavy topics, the film also has answers, not just through the protagonist’s perspective, but more attention to details. Just as the film "got a box lunch" at the beginning, Zhang Chongbang, its partner, was mellow and soft-hard, but he also resolutely died when facing the gangsters’ guns. Yuan Jiabao, as a senior officer of the police force, once lost, finally chose to maintain his subordinates and return to his true heart. These people are indeed neither black nor white, but they can still make choices and stick to their principles when facing their own gray. Heart for heaven, a thought of hell. People should control their inner "anger" and stick to their true intentions. In the "bitterness" of the plot routine, "Anger Serious Case" shows the director’s "gratitude" to the new ideas of the police film. It is not easy. Different from the past Hong Kong gangster films, Anger Serious Case is not a heroic triumph of evil over righteousness, nor is it the final curtain of the villain of tragic fate. It is more about communicating with the connotation in an equal manner and telling the truth. While it is full of old Hong Kong flavor, it ignites new ideas of Hong Kong gangster films with a cavity of "anger". Although the times will pass, the classics will be passed on. For Hong Kong movies, we might as well expect more. (Author: Xie Weifeng)

Turn off the phone and turn it on again = restart it?

The mobile phone has been used for a long time

It is inevitable that there will be a phenomenon of stagnation and unsmooth.

Some friends believe that

"Nothing can’t be solved by restarting."

Some small partners will choose to shut down directly.

What’s the difference between restarting and shutting down?

Come and get to know each other!

The difference between turning off and restarting a mobile phone.

restartIt is a restart at the software and system level, and does not involve hardware. butswitch an electrical device offThen the system and hardware are all shut down.

Therefore, they are fundamentally different in many aspects, including power consumption, speed and data cleaning.

Different power consumption

If the mobile phone is turned off and turned on again, the whole workflow consumes a lot of power. Restarting the mobile phone requires no manual operation, only software is restarted, and the mobile phone is not powered off, which is relatively more power-saving.

Different speeds

Restarting is faster because it saves a lot of steps and does not reload all the data. However, shutting down and restarting will clear the important data in the system and reload it, which is slower.

Data cleaning is different.

Restarting the phone does not clear the important data in the system, and it does not need to be reloaded. It will be faster when it is first used, but it does not fundamentally solve the problem.

The shutdown is to test the whole system and remove some deep garbage, which is more effective for solving the stuck problem.

Frequency of cell phone shutdown

But it should be noted that,Frequent switching on and off is harmful to mobile phones.. For the mobile phone, the best way is to turn it on and off at a certain frequency, so that the system will clean up the garbage by itself and make the mobile phone run faster.

For Android phones, it is recommended to turn it off once a week; For iOS mobile phones, it is recommended to turn it off once every two weeks or once a month.

Small coup of "slimming" mobile phone

1. Clean the software cache regularly.During the use of the App, some pictures, videos, audio, etc. that we have browsed will be cached. Cleaning the cache regularly can not only release the memory of the mobile phone, but also avoid or alleviate the stuck phenomenon to some extent.

2. Back up regularly and upload to the cloud.Regular backup, putting photos, videos, files and other important information into the cloud, can not only reduce the memory of the mobile phone, but also avoid the risk of loss, killing two birds with one stone.

3. Turn off unnecessary apps and start themselves.When the phone is turned on, some apps have the "self-startup" permission by default, which prohibits self-startup of some rarely used software and can also release a lot of memory.

4. Restore the factory settings.It should be noted that once the factory settings are restored, all the data used in the mobile phone will disappear. Therefore, before you decide to restore the factory settings, you must do a good job of backing up your mobile phone.

There was a "huge explosion" in Moscow. Russian Defense Ministry shot down a Ukrainian drone.

  BEIJING, August 18 (Xinhua)-According to foreign media reports, in the early morning of the 18th local time, there was a "huge explosion" in the center of Moscow, the Russian capital. Later, the Russian Defense Ministry announced that Russian air defense forces shot down a Ukrainian drone over Moscow, which caused some damage to the building of the Moscow World Expo Center.

  According to reports, the Russian Defense Ministry reported that the Ukrainian side launched the attack at 4 am local time on the 18th, targeting Moscow. The news pointed out that after the drone was discovered by air defense weapons, it changed its flight route and fell on a non-residential building in downtown Moscow.

  Sobyanin, mayor of Moscow, said that "the wreckage of the drone landed in the central area of the Expo and did not cause major damage to the building". He said that rescuers arrived at the scene quickly, and there was no news of casualties.

  The report quoted Itar-Tass as saying that a wall of the Expo Center Pavilion partially collapsed, with an area of about 30 square meters.

  Reuters reported that after the explosion, a witness at the scene said that he heard a "huge explosion", and almost the whole business center could hear the explosion. According to reports, the Expo Center is a large space for holding large-scale exhibitions, less than 5 kilometers away from the Kremlin.

  In addition, the airspace near Vnukovo airport in Moscow was temporarily closed and some flights were delayed.

  The Ukrainian side has no response to this.

Scroll | Current Limit, Close! The return peak will last until 10 pm, and several high-speed entrances in Hangzhou will be closed.

Today is the last day of the Spring Festival holiday, and many people have embarked on the return journey with disappointment. At present, many high-speed imports in Hangzhou have been closed due to heavy traffic.
According to the previous prediction, today’s return traffic will last until 10 pm. Please be sure to keep these notes for your return trip.
As of 18: 05, the overall road conditions in Hangzhou high-speed traffic police area
Current limiting and closing! The return peak continues.
1. G6021 Hangzhou-Changzhou Expressway is 307K-321K, 10K-13K, 1K-5K in Hangzhou direction, 42K-47K in Datong branch line and 333K-341K in Longyou branch line, which are delayed intermittently due to heavy traffic. Control measures: the entrance of Xin ‘anjiang, Shou Chang, Meicheng, Dayang, Datong, Dadiankou and Hangtou in Hangzhou is closed, and the entrance of Yangcun Bridge is restricted.
2, G4012 Li-Ning Expressway Qianhuang section Hangzhou direction 305K-301K due to the impact of large traffic queue slow. Control measures: Hangzhou closed the import of Weiping, Song Cun, Wangzhai, Qiandao Lake, Qingxi and Danzhu.
3. The G25 Hangxinjing Expressway was delayed due to the intermittent queues at 2392K-2404K, 2410K-2412K, 2371K-2381K and 2363K-2366K in Hangzhou direction, and the entrance to Fuchun River in Hangzhou direction was closed.
4. The G56 Hangzhou-Huizhou Expressway is intermittently queued at 67K-76K and 27K-39K in Hangzhou direction due to the influence of heavy traffic. Control measures: the import of Longgang, Taiyang, Changhua, Zaoxi, Linglong and Lin ‘an in Hangzhou is closed.
5. S14 The direction of Hangzhou-Changyi Expressway is affected by heavy traffic. Control measures: the import of Pingyao, Jingshan, Huanghu and Baizhang in Hangzhou is closed.
6. The G60 Hangzhou-Jinhua-Quzhou Expressway intermittently queues at 27K-29K and 188K-189K in Hangzhou direction due to the influence of heavy traffic. Control measures: the import from Hangzhou to Puyang is closed, and the import of Xiaoshan East and Yangxun Bridge is restricted.
7. S43 Due to the influence of heavy traffic, the entrance from Louta to Xianzhai was closed.
8. The entrance along the G25 Hangzhou-Nanjing Expressway was closed due to heavy traffic.
The remaining sections of the jurisdiction: the road traffic is normal.
As of 14: 25, the overall road conditions in Hangzhou high-speed traffic police area
Large traffic queues, and restrictions continue.
1. G6021 Hangzhou-Changzhou Expressway is 311K-331K, 11K-13K, Datong branch line is 41K-43K, 61K-63K, Longyou branch line is 333K-335K, which is delayed intermittently due to the influence of large traffic. Control measures: The entrances to Xin ‘anjiang, Anren, Gantan, Datong, Dadiankou and Hangtou in Hangzhou are closed, and the entrances to Shou Chang and Yangcun Bridge are restricted.
2. The direction of G4012 Li-Ning Expressway in Hangzhou is affected by large traffic. Control measures: the import of Weiping, Song Cun, Wangzhai, Qiandao Lake and Danzhu in Hangzhou is closed, and the import of Qingxi is restricted.
3. The G25 Hangzhou Xinjing Expressway (Hangzhou direction: 2393K-2403K, 2410K-2412K) was delayed due to the influence of heavy traffic.
4. The G56 Hangzhou-Huizhou Expressway in Hangzhou direction is intermittently queued at 47K-49K and 27K-40K due to heavy traffic. Control measures: the import of Longgang, Taiyang, Changhua, Zaoxi, Linglong and Lin ‘an in Hangzhou is closed.
5. S14 The Hangzhou-Changyi Expressway is 17K-20K in Hangzhou direction, and the queue is slowed down due to the influence of heavy traffic. Control measures: the import of Jingshan, Huanghu and Baizhang in Hangzhou is closed, and the import of bottle kiln is restricted.
6. The Hangzhou direction of G60 Hangjinqu Expressway is affected by large traffic. Control measures: the import of Hangzhou is restricted.
The remaining sections of the jurisdiction: the road traffic is normal.

00:05
As of 11: 25, the overall road conditions in Hangzhou high-speed traffic police area
Affected by large flow, several high-speed inlets are closed.
1. G6021 Hangchang Expressway is 313K-320K and 5K-11K in Hangzhou direction, and Datong branch line 61K-63K is intermittently queued and slowed down due to the influence of large traffic. Control measures: The entrance to Anren, Gantan, Datong, Dadiankou and Hangtou in Hangzhou is closed, and the entrance to Shou Chang, Yangcunqiao and Xin ‘anjiang is restricted.
2. G4012 Li-Ning Expressway (Hangzhou direction: 305K-297K) intermittently queued and slowed down due to heavy traffic. Control measures: all imports from Hangzhou are closed.
3. G25 Hangzhou Xinjing Expressway, Hangzhou direction, 2372K-2374K, was delayed due to heavy traffic.
4. The G56 Hangzhou-Huizhou Expressway is intermittently queued at 61K-72K and 27K-41K in Hangzhou direction due to the influence of heavy traffic. Control measures: the import of Longgang, Taiyang, Changhua, Zaoxi, Linglong and Lin ‘an in Hangzhou is closed.
5. S14 The direction of Hangzhou-Changyi Expressway is affected by heavy traffic. Control measures: Hangzhou restricts the import of bottle kiln.
The remaining sections of the jurisdiction: the road traffic is normal. 
Traffic situation of Hangzhou Expressway as of 9: 00.
007 (Hangzhou-Huizhou Expressway): G56 Hangzhou-Huizhou Expressway is in an orderly queue at the rear of 27km (3km across Lin ‘an) and 55km (1km across Zaoxi) due to heavy traffic, so riders are requested to pass carefully in order.
Pre-judgment in return peak hours
According to the news of Hangzhou high-speed traffic police, since January 25, there has been a return flow in the Hangzhou high-speed traffic police area, and the traffic flow of Hangzhou Xinjing Expressway and Hangzhou-Huizhou Expressway to Hangzhou has increased significantly.
Trend Map of Expressway Congestion in Zhejiang Province (Grade)
From 13: 00 to 19: 00, the degree of congestion is high.
Trend Map of Expressway Congestion in Zhejiang Province (Hourly Level)
Congestion prone road section
There are some sections of high-speed roads that are easy to be congested and slow, such as G60 Shanghai-Kunming Expressway, G4012 Lining Expressway and G56 Hangrui Expressway. It is recommended that car owners who drive to the following sections always pay attention to the road conditions and avoid congestion in time.
The free passage time for the Spring Festival is from 0: 00 on January 21st to 24: 00 on January 27th.
Vehicles that are still driving on the expressway before the end of the free time period, please choose the nearest toll station to get off the expressway according to the actual location and time, and then get the card and get on the expressway again, so as to avoid safety accidents caused by rushing or speeding.
It is worth noting that during the return trip during the Spring Festival holiday, the service areas are prone to vehicle saturation, especiallyG25 Hangxinjing Expressway Tonglu Service Area and Jiande Service Area, G56 Hanghui Expressway Lin ‘an Service Area and Longgang Service Area, S14 Hangchangyi Expressway Jingshan Service Area, etc.Affected by the sharp increase in short-term travel by self-driving vehicles, it is easy to saturate or even queue up to the main line. It is recommended that drivers refuel in advance, check the condition of their vehicles and take a rest early.
The operation time of Hangzhou subway has been adjusted since February 5.
From February 5 to February 15 (peak return passenger flow), the departure time of the last bus stop of Hangzhou Metro Line 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 16 and 19 was extended to around 23:00. During Spring Festival travel rush, the driving interval will be encrypted as appropriate.
Click here to see the specific timetable.
Railway travel, these need to pay attention.
Since the Spring Festival holiday, the passenger flow of the Yangtze River Delta railway has continued to climb. On January 26th, it is estimated that 1.73 million passengers will be sent, which will reach the peak since the Spring Festival holiday.
In order to meet the holiday travel needs of passengers
Yangtze River Delta Railway Strengthen Transportation Capacity Dispatching and Supply
Increase transportation capacity
On January 26th, it is planned to open 203 additional passenger trains.
Organize the reconnection operation of 245 EMU trains.
Some trains resumed operation.
Deadline for statistics: January 25th.
Add more trains
Deadline for statistics: January 25th.
Please refer to the station announcement and the announcement on the website of China Railway Customer Service Center 12306 for the specific train operation.
Returning from the Spring Festival, driving safety focuses on the following four points.
Pay attention to the weather and keep warm.
When driving in ice and snow, keep in mind "slow down, control the distance, and brighten the tail", and avoid slamming the direction, slamming on the brakes, and speeding too fast. The temperature difference between morning and evening is large, so take warm precautions.
Plan ahead and travel at the wrong peak
Pay attention to traffic information and traffic safety tips in time, plan and be familiar with the route in advance, arrange the travel time scientifically, set up navigation reasonably, and try to avoid the travel peak.
Drive carefully and drive in a civilized way.
Don’t be impatient when waiting in line, don’t change lanes at will, and don’t illegally occupy emergency lanes (hard shoulders) to avoid unnecessary scraping and collision accidents.
When driving at high speed, remember the "Five Life-saving Rules"
All staff should fasten their seat belts, fatigue and distraction will harm their lives, leaving room for driving distance, following the truck to have an accident, illegal parking is dangerous, failure or accident occurs, and "pull over, evacuate, and call the police" must be done quickly.
There are thousands of roads, safety first!
Please pay attention to the traffic and weather changes in time.
The content is integrated from Zhejiang weather, Zhejiang traffic police, Hangzhou high-speed traffic police, Yangtze River Delta Railway, etc.
Reporting/feedback

Triple Logic of Chinese Modernization

  [In-depth study, publicity and implementation of the spirit of the 20th Party Congress]

  Author: Zhong Ruitian (chief expert and professor of "Research Center of Marxist Theory and Regional Practice" in Guangxi University)

  When meeting with Chinese and foreign journalists in the 20th CPC The Politburo Standing Committee (PSC), General Secretary of the Supreme Leader stressed: "Chinese modernization is the result of long-term practice and exploration by the people of the Communist Party of China (CPC) and China, and it is a great and arduous undertaking." A deep understanding of the theoretical logic, historical logic and practical logic of Chinese-style modernization is of great theoretical significance and practical value for inspiring us to be confident and self-reliant and strive for a new journey of building a socialist modernized country in an all-round way.

  Chinese modernization has inherited and developed the ideal pursuit of a better life.

  The theoretical origin of Chinese-style modernization is diverse, and the most important thing is the inheritance and development of Marxist modernization theory and the promotion and transcendence of Chinese excellent traditional culture.

  Marxist social ideal points out the direction for Chinese modernization. Marxism holds that productivity is the most active and revolutionary factor to promote social progress. As a negation of the feudal system, the capitalist system has played a very revolutionary role in history. "The productive forces created in its less than 100-year class rule are more than all the productive forces created by all generations in the past." However, Marx and Engels’ research on social development has never been "productivity-only theory", but put productivity and production relations, economic base and superstructure together for research. Under the capitalist system, productive labor is alienated into "the rule of capitalists over workers is the rule of things over people, the rule of dead labor over living labor, and the rule of products over producers", and the result is the accumulation of capitalist wealth and the relative poverty of the proletariat. Capitalist private ownership is the root of labor alienation. Only by overthrowing the capitalist system and establishing the socialist system can the proletarian revolution "provide all people with healthy and beneficial jobs, provide all people with ample material life and leisure time, and provide all people with real and full freedom".

  China’s rich social ideals in ancient times provided beneficial nourishment for Chinese modernization. The "Great Harmony Society" is an ideal society put forward by the ancient people in China. The so-called "the trip to the avenue is also the public, the world is public, the talents and abilities are chosen, and the trust is maintained." "People don’t only kiss their relatives, they don’t have their only sons and daughters, so that they can get old, be strong and useful, and have their own strengths." "Goods are evil and abandoned in the ground, so there is no need to hide them from themselves; If you hate it, you don’t have to do it for yourself. " Chinese excellent traditional culture rejects and despises social behaviors that harm others’ self-interest, harm nature and justice, be rich and heartless, and be mercenary, and advocates and praises the ideological concepts of respecting benevolence and love, valuing people’s interests, keeping honesty, stressing dialectics, respecting harmony and seeking common ground. Although the ideas of our forefathers were only a vision of the social picture, they also provided important enlightenment for the Chinese modernization theory.

  Chinese modernization is the historical achievement of the Communist Party of China (CPC)’s endeavor and exploration.

  The modern history of China has fully proved the profound truth that "you will be beaten if you fall behind". When we fight against the muskets and cannons of the great powers with broadswords and spears, when our agricultural civilization and almost blank modern industry are forced to fight against the mature industrial civilization and complete industrial system in the West, it can only be the end of rout. In the face of suffering, the people of China did not give in, but stood up and fought. People of insight from generation to generation began to explore the plan of saving the nation from extinction. The Westernization Movement, which aimed at the modernization of utensils, put forward the idea of "learning from foreigners to control foreigners", resulting in the Sino-Japanese War of 1894-1895, which declared the disillusionment of the dream of modernization of utensils. The 100-day reform, which aimed at system modernization, carried out the "New Deal", abolished stereotyped writing and promoted new learning. As a result, it died under the ruthless suppression of the old school headed by Empress Dowager Cixi. The Revolution of 1911 led by Sun Yat-sen overthrew the feudal monarchy that lasted for thousands of years in China and established a bourgeois democratic republic. However, the fruits of victory were almost ruined by Yuan Shikai’s restoration of the monarchy. China’s modern modernization exploration fully shows that "in a semi-colonial, semi-feudal and divided China, many people have dreamed this dream for many years, but they have all been disillusioned".

  In the face of China’s suffering, the Communist Party of China (CPC)’s primary historical task is to create fundamental social conditions for China’s modernization. The birth of the Communist Party of China (CPC) profoundly changed the direction and process of the development of the Chinese nation in modern times, and profoundly changed the future and destiny of the people of China and the Chinese nation. During the arduous period of the new-democratic revolution, the Communist Party of China (CPC) people fought bloody battles and persevered, that is, to "make the Chinese nation make a big turn over", to overthrow the three mountains that weighed on the people of China, "to change from a semi-colonial country to a truly independent country" and "to create a prerequisite for changing from an agricultural country to an industrial country", and then to build a "civilized and advanced China ruled by a new culture". This historical task is the political prerequisite for realizing modernization in China. The victory of the new-democratic revolution has made the Chinese nation end the era of being trampled upon and bullied forever, and started the historical process of independently exploring modernization and realizing national rejuvenation.

  The primary task after the founding of New China is to lay a fundamental political premise and institutional foundation for modernization. Under the brand-new historical conditions, on the one hand, the Communist Party of China (CPC) established and consolidated the state power of the people’s democratic dictatorship, and established the basic political system and the basic political system to ensure that the people are masters of their own affairs. Through the socialist transformation of agriculture, handicrafts and capitalist industry and commerce, it established the socialist economic foundation and realized the most extensive and profound social changes in the history of the Chinese nation; On the other hand, it began an active exploration to realize modernization, and based on the worldwide consensus at that time, it put forward the modernization goal of "changing from an agricultural country to an industrial country". After a period of exploration, the Communist Party of China (CPC) formally put forward the task of "building China into a powerful socialist country with modern agriculture, modern industry, modern national defense and modern science and technology", and China’s modernization entered a new historical stage.

  Theoretical innovation and successful practice in the new period of reform, opening up and socialist modernization have established the fundamental direction and main path of Chinese modernization, and the modernization process in China has shown an accelerated development trend. During this period, the achievements of our party’s exploration of modernization are mainly reflected in: putting forward that socialist modernization is our biggest politics at present, "because it represents the greatest and most fundamental interests of the people"; Our modernization is to develop the socialist economy, and it is by no means a modernization in which only a few people get rich; Under the socialist conditions, the main motive force for the development of modernization is reform and opening up, which is a key measure to determine the fate of contemporary China and the success or failure of modernization. The layout of Chinese-style modernization must follow the road of civilized development of production development, affluent life and good ecology, comprehensively promote socialist economic construction, political construction, cultural construction, social construction and ecological civilization construction, and strive to accelerate the realization of people-oriented, comprehensive, coordinated and sustainable scientific development.

  Ten years of great practice in the new era has successfully promoted and expanded Chinese modernization.

  Since the 18th National Congress of the Communist Party of China, Socialism with Chinese characteristics has entered a new era and Chinese modernization has entered a new stage. Under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, and under the guidance of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, our party has been innovative in theory and formed a more perfect theoretical system of Chinese modernization; In terms of practical results, it has withstood the test of risks and challenges from economy, politics, ideology and nature, created great achievements of Socialism with Chinese characteristics in the new era, and advanced the great cause of modernization at a steady pace. The decade of the new era has provided a more perfect system guarantee, a more solid material foundation and a more active spiritual strength for realizing the great rejuvenation of the Chinese nation, and successfully promoted and expanded Chinese modernization. The grand blueprint of Chinese-style modernization drawn by the 20th National Congress of the Communist Party of China is a comprehensive summary of "deepening understanding, maturing strategy and enriching practice" in the new era for ten years, and it is the fundamental road to comprehensively promote the great rejuvenation of the Chinese nation with Chinese-style modernization.

  Adhering to the Communist Party of China (CPC)’s leadership and Socialism with Chinese characteristics is the essential requirement of Chinese modernization. The Communist Party of China (CPC)’s century-long struggle history fully proves that without the Communist Party of China (CPC), there would be no socialism, let alone socialist modernization. Building Chinese-style modernization is a great and arduous undertaking, and it is necessary to "be prepared to withstand the major test of high winds, high waves and even stormy waves" at any time. Only by upholding and strengthening the party’s overall leadership can we ensure the correct direction of modernization, make all the people have a reliable backbone when the storm strikes, and gather the majestic power to overcome the difficulties with one heart and one mind.

  Building modernization with China characteristics based on national conditions. General Secretary of the Supreme Leader pointed out: "Chinese-style modernization is a socialist modernization led by the Communist Party of China (CPC), which has both the common characteristics of modernization in all countries and the characteristics of China based on its own national conditions." The realization of Chinese-style modernization will completely rewrite the world map of modernization, fully reflect the essential requirements of Socialism with Chinese characteristics, fully reflect the people-centered development thought in the new era, and fully reflect the overall appearance of Socialism with Chinese characteristics’s all-round development and progress.

  Adhere to the courage to struggle and rely on tenacious struggle to open a new world of Chinese modernization. General Secretary of the Supreme Leader warned the whole Party, "Be sure to keep in mind Do not forget your initiative mind’s mission, be modest and prudent, work hard, dare to struggle and be good at it". Only it is arduous, so it is great; Only it is arduous and more glorious. The historical process of comprehensively promoting the great rejuvenation of the Chinese nation with Chinese modernization is bound to be full of difficulties, obstacles and risks. To realize Chinese-style modernization, the whole party and the people of all ethnic groups in China must have strong enough "ambition, backbone, confidence, unbelief in evil, fear of ghosts, fear of pressure, advance despite difficulties and face difficulties", and open up a new world of career development with fearless courage and tenacious struggle.

  The construction and successful practice of Chinese-style modernization theory system has surpassed the western modernization model with liberalism, capital supremacy and western centralism as its pillars, and provided a Chinese plan for human society, especially developing countries, to explore the modernization road suitable for their own national conditions in practice, making epoch-making contributions.

Long holiday return passenger flow climbs

On October 7, passengers left the station in an orderly manner at Harbin Railway Station.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency reporter Zhang Tao photo

On October 7, passengers were ready to take the bus at Harbin Railway Station.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency reporter Zhang Tao photo

On October 7, passengers waited at Tianjin West Railway Station.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency reporter Zhao Zishuo photo

On October 7, passengers walked out of the south exit passage of Tianjin West Railway Station.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency reporter Zhao Zishuo photo

On October 7, in Xinhai Port, Haikou City, Hainan Province, vehicles entered the ro-ro passenger ship in an orderly manner (photo of drone).

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency reporter Zhang Lizhen photo

On October 7, the staff of Xinhai Port, Haikou City, Hainan Province commanded the car to enter the passenger ro-ro ship in an orderly manner.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency reporter Zhang Lizhen photo

On October 7, in Xinhai Port, Haikou City, Hainan Province, vehicles entered the ro-ro passenger ship in an orderly manner.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency reporter Zhang Lizhen photo

On October 7, passengers checked in at the waiting hall of Shijiazhuang Railway Station.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency (photo by Chen Qibao)

On October 7, passengers took a bus at Longmen Station in Luoyang, Henan Province.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency (photo by Zhang Yixi)

Traffic flow of Jiangsu Changtai Yangtze River Bridge (photo of drone) taken on October 7.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency (photo by Tang Dehong)

On October 7, passengers left the station in an orderly manner at Nanjing Railway Station.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency (photo by Su Yang)

On October 7, the vehicle was driving slowly in Jiahe County, Chenzhou City, Hunan Province (photo of drone).

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency (photo by Huang Chuntao)

On October 7, passengers took a bus at Kunming Station.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency (photo by Yang Zixuan)

Traffic flow of Chengtang Expressway (photo of drone) photographed in zunhua city, Hebei Province on October 7th.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency (photo by Liu Mancang)

Traffic flow of Jiaozhou Bay Tunnel in Qingdao, Shandong Province (photo of drone) taken on October 7.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency (photo by Zhang Jingang)

Traffic on Nanjing Yangtze River Bridge (photo of drone) taken on October 7.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency (photo by Yang Suping)

On October 7, in Putuo District, Zhoushan City, Zhejiang Province, the returning vehicle was driving on the Zhujiajian Island Strait Bridge (photo of drone).

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency (photo by Zou Xunyong)

On October 7th, passengers checked in at Lianyungang Railway Station in Jiangsu.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency (photo by Geng Yuhe)

On October 7, passengers waited for the ticket check-in at Zibo Station in Shandong Province.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency reporter Qi Yushe

Traffic flow at the toll station of Yinchuan East Expressway in Yinchuan City, Ningxia (photo of drone) taken on October 7.

On October 7, the National Day Mid-Autumn Festival came to an end, and the return passenger flow around the country climbed.

Xinhua News Agency reporter Yang Zhisen photo