sports – 第 2 页 – 武汉夜生活网论坛-武汉桑拿论坛-武汉狼盟-武汉耍耍网

　 The scene of the game. Photo courtesy of Qinhuai River Company

Measure the first historical and cultural river in China with paddles, and enjoy the ancient city of Jinling on the Qinhuai River. At 6: 30 am on December 2nd, at the dock of Shicheng Park on Qinhuai River, the contestants of the 3rd Nanjing Rowing Marathon Open were ready to challenge the single rower to row the whole horse (42.195km) and the half horse (21.0975km).

According to the relevant person in charge of Qinhuai River Company, the innovative competition form and extremely challenging difficulty of the event are the first in China, which provides a new opportunity for the national contestants to "look at Nanjing from another angle" and also shows a new business card for Qinhuai River to strive for a global water gold track.

The scene of the game. Photo courtesy of Qinhuai River Company

After more than four hours of competition, Shi Haiming, a marathon runner in men’s single rowing, won the men’s team championship with a historical best score of 4 hours, 07 minutes and 01 seconds. Gu Yongheng was runner-up in 4 hours, 25 minutes and 41 seconds. Jason, president of Nanjing Rowing Association, is the oldest contestant in this competition. He has been participating in rowing marathon for three years at the age of 68, and won the third place in this competition in 4 hours, 36 minutes and 18 seconds.

Dr. Li Shengnan from Nantah Rowing Team, the first women’s single rowing marathon, won the women’s championship with the best time of 4 hours, 42 minutes and 03 seconds.

Winners celebrate the scene. Photo courtesy of Qinhuai River Company

The competition for the men’s single rowing half marathon was fierce. The top three finished the race within 2 hours, and Guo Wei won the championship in 1 hour, 51 minutes and 21 seconds. Jin Kewei won the runner-up in 1 hour, 57 minutes and 50 seconds; Gu Rong won the third place in 1 hour, 59 minutes and 55 seconds. Wan Wei and Miao Xudong, who participated for the first time, won the fourth and fifth place respectively.

It is understood that this event is guided by Nanjing Rowing Association, sponsored by China Boat Group and hosted by Nanjing Boat Friends Rowing Club. In terms of cultural excavation, the competition provided the contestants with detailed river maps in advance, as well as story explanations of historical and cultural allusions, paddled among them, moved to change scenery, and their mood rippled in history and culture. In recent years, water sports in Nanjing have experienced explosive growth, and more people have actually enjoyed the achievements of environmental governance in Nanjing. Bathing in the sun and paddling the Qinhuai River has become a new choice for Nanjing citizens to keep fit. (Chen Jian)

　　CCTV News:Preventing and resolving financial risks, especially preventing systemic financial risks, is the fundamental task of financial work and the eternal theme of financial work. At present, how healthy is China’s financial system? What new progress has been made in risk mitigation in key areas? This reporter interviewed Pan Gongsheng, Party Secretary and President of the People’s Bank of China.

　　Resolve financial risks in key areas in an orderly manner.

　　Pan Gongsheng, Secretary of the Party Committee of China People’s Bank:At present, China’s financial system is generally sound. The People’s Bank of China will conscientiously implement the deployment of the Third Plenary Session of the 20th CPC Central Committee and resolutely hold the bottom line that systemic financial risks will not occur.

　　How to keep the bottom line? Pan Gongsheng introduced,At the macro level, we should grasp the dynamic balance between economic growth, economic structure adjustment and financial risk prevention.At the same time, alsoEffectively improve the effectiveness of financial supervision, strengthen supervision coordination, form a joint force of supervision, and bring all kinds of financial activities into supervision according to law.

　　Pan Gongsheng also highlighted the latest situation of orderly risk resolution in three key areas: local government debt, real estate and small and medium-sized banks.

　　Pan Gongsheng, Secretary of the Party Committee of China People’s Bank:ResolvingFinancing platform debt riskAt present, important progress has been made, the number of financing platforms and the level of existing debt have been declining, most of the debts due to financing platforms have been succeeded, reorganized and replaced, and the financing cost burden has dropped significantly compared with before. existFinancial support for real estate riskIn terms of solution, we made comprehensive measures from both sides of supply and demand, lowered the down payment ratio of mortgage loans and mortgage interest rates for many times, set up affordable housing refinancing to support the acquisition of existing commercial housing, and accelerated the construction of a new model of real estate development. ResolvingRisk of small and medium-sized financial institutionsOn the other hand, the number of high-risk small and medium-sized banks has dropped by nearly half compared with the peak.

　　Pan Gongsheng also introduced that the People’s Bank of China will accelerate the legislation related to financial stability, promote the construction of financial stability guarantee system, strengthen the guarantee of risk disposal resources, effectively guarantee financial security and effectively prevent systemic financial risks.

　　Do a good job in the "five big articles" of finance

　　The Third Plenary Session of the 20th CPC Central Committee put forward that "technology and finance, green finance, inclusive finance, pension finance and digital finance should be actively developed, and quality financial services for major strategies, key areas and weak links should be strengthened."

　　In this regard, Pan Gongsheng said that doing a good job in the "five major articles" of finance is an important focus for the high-quality development of the financial services real economy.

　　Pan Gongsheng said that in recent years, with the increasing financial support, the average annual growth rate of China’s inclusive small and micro loans, green loans, medium and long-term loans for high-tech manufacturing industries and loans for small and medium-sized science and technology enterprises in the past five years has been around 20% ~ 30%, which is much higher than the average growth rate of various loans.

　　Pan Gongsheng, Secretary of the Party Committee of China People’s Bank:The availability of financing has improved significantly.Financing cost is at a historical low.. At the same time, the rapid development of online finance and mobile finance in China has played an important role in improving transaction efficiency, reducing transaction costs and enhancing the inclusiveness of finance, and has become one of the highlights of China’s financial development.

　　The data shows that at present, there are more than 60 million micro-credit households in China, covering about one-third of the business entities; The loan rate of small and medium-sized science and technology enterprises is close to 50%. In June, the weighted average interest rate of new private enterprise loans was less than 4%.

　　Pan Gongsheng said that in the next step, the People’s Bank of China will strengthen cooperation with the management departments of industries such as industry, information technology and environmental protection, further enhance the strength, sustainability and professionalism of financial support, strengthen the top-level design of policies, strengthen positive incentives, enhance the service capacity of financial institutions, broaden financing channels, and guide financial institutions to do the "five major articles" in finance.

　　Pan Gongsheng, Secretary of the Party Committee of China People’s Bank:The People’s Bank of China will focus on major national science and technology projects, small and medium-sized science and technology enterprises and other key areas and weak links, give full play to the role of scientific and technological innovation and technological transformation refinancing, work with relevant departments to cultivate a financial market ecology that supports scientific and technological innovation, improve the mechanism of "fundraising, investment, management and withdrawal" of venture capital, guide financial capital to invest in early, small, long-term and hard technology, meet the financing needs of scientific and technological enterprises at different life cycle stages, and continuously improve the ability and intensity of financial support for scientific and technological innovation.

　　Promote high-level financial opening from five aspects

　　The Third Plenary Session of the 20th CPC Central Committee proposed to promote a high level of financial openness, steadily and prudently promote the internationalization of RMB, and develop the offshore RMB market.

　　Financial openness is an inevitable requirement for building a financial power. How will the People’s Bank of China implement it?

　　Pan Gongsheng introduced that the People’s Bank of China will adhere to the orientation of marketization, rule of law and internationalization, enhance the transparency, stability and predictability of the financial opening policy, continue to promote high-level financial opening, and focus on five aspects.

　　Pan Gongsheng, Secretary of the Party Committee of China People’s Bank:One isDeepen the institutional opening of the financial sector.Promote the high-level opening of financial services and financial markets in an orderly manner. The second isSteady and prudentSolidly promote the internationalization of RMB. We will continue to improve the cross-border RMB policy on the basis of market-driven and independent choice.

　　At the same time, the People’s Bank of China will also support the construction of Shanghai as an international financial center, give play to the role of the International Monetary Fund as the Shanghai regional center, and enhance macroeconomic policy exchanges and coordination among countries in the Asia-Pacific region. We will continue to deepen financial cooperation between the Mainland and Hong Kong, strengthen the function of offshore RMB business hub in Hong Kong, and consolidate and enhance the status of international finance centre.

　　In addition, the People’s Bank of China willCreate a more friendly and inclusive business environment. Coordinate the reform of cross-border RMB and foreign exchange management, and improve the level of cross-border trade and investment and financing facilitation. Continuously improve the level of payment services.

　　Pan Gongsheng, Secretary of the Party Committee of China People’s Bank:Remarkable results have been achieved in facilitating the payment of foreign personnel in China. Foreign visitors to China can flexibly choose various payment methods such as bank card, cash and mobile payment. We will continue to do a good job in providing better, more efficient and convenient payment services for foreigners coming to China.

　　Pan Gongsheng introduced that the People’s Bank of China will continue to deeply participate in international financial governance and promote global macroeconomic and financial policy coordination by relying on platforms such as the G20, the International Monetary Fund and the Bank for International Settlements. We will implement the consensus reached at the meeting between the heads of state of China and the United States in San Francisco and take the lead in doing a good job in the financial working groups of China, the United States and China.

　　Pan Gongsheng, Secretary of the Party Committee of China People’s Bank:The development experience of China’s financial market shows that opening wider to the outside world is a powerful driving force and an important guarantee for high-quality financial development, and it is a key measure to enhance the ability to serve the real economy and international competitiveness. We will unswervingly do a good job in financial opening.

　　The latest data shows that,By the end of July, foreign investors held 4.5 trillion yuan of Chinese bonds, a record high.

　　CCTV News:With the rapid development of aquaculture industry in China, the market consumption of domestic aquatic products is also increasing.

　　Located in Mawei, the Strait Aquatic Products Trading Center is the largest aquatic products trading center in China, with a total area of over 300,000 square meters, which brings together aquatic products from surrounding fishing ports and the whole world, and its sales network covers the whole country. When interviewed here, the reporter learned that fish, shrimp, shellfish and algae account for the top four in aquatic product consumption.

　　Not only in the aquatic products trading center, but also in many large supermarkets in Fuzhou, the reporter also found that the sales of domestic aquatic products are also increasing.

　　Liu Hengrong told reporters that 70% of aquatic products in supermarkets are supplied to some unit canteens & mdash; 80% were bought by family consumers. Among them, the sales of some high-end seafood products have grown rapidly.

　　Introducing aquatic prefabricated vegetables to extend aquaculture industry chain

　　With the continuous supply of aquatic products in China, many aquatic products processing enterprises have begun to introduce aquatic prefabricated dishes to extend the industrial chain of aquaculture.

　　Rongcheng, Shandong Province is rich in fishery resources, and the total output of kelp, squid and other seafood accounts for more than 40% of the country. In order to further increase the added value of seafood, many enterprises in Rongcheng aimed at the new economic track of marine prefabricated vegetables and laid out the marine prefabricated vegetables industry first.

　　At present, it is the harvest season of kelp in southern China, and kelp has been made into various ready-to-eat prefabricated dishes.

　　In this pre-cooked dish enterprise, the reporter saw that there are not only kelp, but also dozens of kinds of high-end seafood pre-cooked dishes like abalone.

　　This year, Document No.1 of the Central Committee put forward for the first time that "the prefabricated vegetable industry should be cultivated and developed". Experts said that in the future, the development of China’s prefabricated vegetable industry needs to accelerate the construction of a complete standard system for the entire industrial chain.

What was exposed by netizens is said to be a photo of Gong Mi before plastic surgery.

　　In just a few days, Gong Mi, the "replica of Cecilia Cheung" in Zhengzhou Division of super girls this year, has become a celebrity, and his photo click-through rate on the forum has exceeded one million. Following the exposure of her photos behind the scenes of "Fast Girl", yesterday, some netizens exposed the photos allegedly taken before Gong Mi’s plastic surgery, which attracted a heated discussion-this "Cecilia Cheung-like" woman brought out a new term in the entertainment circle in 2009: plastic surgery door.

　　Our reporters Dai Yujing and Chen Yuzhong

　　Netizen broke the news:

　　In 2008, she was nothing like Cecilia Cheung.

　　Recently, a photo called "Gong Mi’s photo before plastic surgery" was exposed. A netizen named "I’m tired of the name" said that Gong Mi filmed the MV of singer Donglaidongwang’s "The Singer of Love Songs" in 2008, which was nothing like Cecilia Cheung at that time. In this regard, Miss He, the agent of Donglaidongwang, said that she couldn’t remember who the girl was at that time, only knew that she belonged to the Beijing Film Academy. Miss He also said: "At that time, she didn’t feel like Cecilia Cheung at all." -When this statement came out, Gong Mi immediately fell into the "plastic surgery door" that was hotly discussed by netizens.

　　In this regard, Gong Mi generously responded: "Parents who suffer from physical problems, if plastic surgery is disrespectful to their parents." As for netizens who questioned that she was deliberately plastic surgery into Cecilia Cheung, Gong Mi said, "When I heard the news, I was actually a little happy, because I was like this since I was a child, and I was said to be deliberately plastic surgery, which showed that I was still a little beautiful."

　　In addition, Gong Mi also revealed that the blog opened in his own name on the Internet is not his own. "I want to register one, but the name has already been registered." In an interview, Gong Mi spoke very slowly, and she looked a little childish.

　　Responding to "Imitating Cecilia Cheung":

　　Can only sing her "Star Language Wish"

　　As for being questioned by netizens as "too imitative and too like Cecilia Cheung", Gong Mi admits that he is a bit like Cecilia Cheung in appearance, and he is often mistaken by passers-by. However, Gong Mi said that she would only sing Cecilia Cheung’s "Star Language Wish" and would not deliberately imitate her in the competition. Gong Mi didn’t care at all about many online attacks on her saliva. "I don’t really surf the Internet.".

　　As Gong Mi quickly became a topic, the reporter immediately interviewed a staff member of Hunan Satellite TV, hoping to learn more about her. The person in charge of publicity told reporters yesterday that the director group didn’t want to emphasize too much on any player, and wanted to give other players more opportunities. Of course, appearance is one of the factors, but there are still many important factors. "We don’t speculate on anyone casually."

　　Fans encourage fans to leave messages on the Internet, many of which support and encourage Gong Mi, and most of them praise her beauty and good voice.　　

　　"Looks like! We’re halfway there! Bless you! "

　　"Although Gong Mi has nearly 80% similar faces to Cecilia Cheung, her voice is much clearer than that of Cecilia Cheung. This girl still deeply captures the hearts of the media and the audience, lovely smiling face, crisp voice, hey, in a word: I like it! "

　　"If there were no Cecilia Cheung, I would still choose her (Gong Mi)!"　　

　　Some netizens denied Gong Mi’s appearance, and some even expressed anger in their words.　　

　　"The whole eyes, will leave bags under the eyes, Gong Mi heavy makeup bags under the eyes are still so obvious! A doctor friend, after seeing your photo, is sure that your eyes have been fixed. It’s as high as the cheekbones, but my cheeks suddenly sag incongruously. It’s too fake. The chin pad is too exaggerated, and the smile is unnatural. You still keep learning the tone of Cecilia Cheung, learn to laugh, learn to nod, and learn to touch your hair … "-You are dishonest.

　　"Gong Mi looks like Cecilia Cheung, which is obvious to all. If she is just an ordinary woman among the fast girls, will everyone like her as always?"

　　—— Wang Dong VIP

　　"I came to pay attention to Gong Mi because of Cecilia Cheung. When I first saw them, I thought they were very similar, just like when I saw Bai Zhi in his late teens. My feelings for Gong Mi are very complicated. One is that I like it, and the other is that I don’t want her to imitate Cecilia Cheung all the time. "

　　—— Juventus _ Wang Dao　　

　　Comments from the industry insiders are relatively calm. On the whole, Gong Mi’s singing skills are not particularly affirmed, but his comprehensive strength is not bad.　　

　　"You are the first one who looks as beautiful as you and sings so well." —— Chang Kuan, the judge of Zhengzhou Singing District, a fast girl.

　　"In fact, there are a lot fewer’ fast girls’ this year. Due to the recent resurgence of the’ Yanzhaomen’ incident, Cecilia Cheung is a focus figure. It is very timely for Gong Mi to come out now. It is very important to be able to catch more eyeballs and become popular. " -Senior reporter

　　Related links:

　　Recently, the National Health and Wellness Commission issued the "Guidelines for Adults, Children and Adolescents", which pointed out that the obesity rate of residents aged 18 and above in China is on the rise, and the obesity rate of children and adolescents is rising rapidly. How to judge whether you are obese? How to achieve a reasonable diet and scientific exercise? Let’s watch it together

　　The obesity rate of residents aged 18 and above in China is 16.4%.

　　According to the guide, the obesity rate of residents aged 18 and above in China is 16.4%, the obesity rate of children under 6 is 3.6%, and the obesity rate of children and adolescents aged 6 to 17 is 7.9%. In 1982, the obesity rate of children and adolescents aged 7-17 in China was only 0.2%.

　　The obesity rate of urban children and adolescents is high, and the obesity rate of rural children and adolescents is growing rapidly. Some studies predict that by 2030, the overweight and obesity rate of adults in China will reach 65.3%.

Eating like this can lose weight! The National Health and Health Commission issued a document to teach you by hand →

　　The guide points out that scientific weight loss should follow the principle of gradual progress, the ideal weight loss goal should be to reduce the current weight by 5% ~ 10% within 6 months, and the reasonable weight loss speed should be 2 ~ 4 kg per month.

　　How to judge whether you are obese?

　　There is a clear measure of obesity in medicine-body mass index.

　　BMI (Body Mass Index) is the number obtained by dividing the weight (kg) by the square of the height (m). For example, a woman weighs 60 kilograms, is 1.60 meters tall and has a body mass index of about 23.44.

Eating like this can lose weight! The National Health and Health Commission issued a document to teach you by hand →

　　Zhang Zhongtao, vice president of Beijing Friendship Hospital affiliated to Capital Medical University, said that the normal range of BMI is 18 to 24, and 24 to 28 is overweight. If BMI is greater than 28, you should actively intervene.

　　How do obese people eat? These misunderstandings should be avoided.

　　The guidelines suggest that the diet of adult obese patients

　　We should comprehensively balance and diversify, and limit the total energy intake;

　　Eat more foods rich in dietary fiber;

　　Strictly control the intake of fat, salt, sugar and alcohol.

Eating like this can lose weight! The National Health and Health Commission issued a document to teach you by hand →

　　Obese children and adolescents

　　You should be full of food;

　　Increase the intake of fish, vegetables, soybeans and their products;

　　The energy provided by snacks does not exceed 10% of the total daily energy;

　　Try not to eat after 9 pm.

　　In the process of losing weight, it is suggested that the dietary energy of obese children and adolescents should be reduced by about 20% on the basis of normal requirements.

Eating like this can lose weight! The National Health and Health Commission issued a document to teach you by hand →

　　Myth 1: You can lose weight just by exercising.

　　80% of weight loss depends on diet and 20% on exercise. Experts remind that you can’t lose weight just by "holding your legs", but the key is to "keep your mouth shut". For example, a person of average height jogs on a treadmill for 30 minutes at a constant speed, and consumes only the equivalent of drinking a can of coke.

　　Myth 2: Take a vegetarian diet or not eat staple food to lose weight.

　　Eating vegetarian food or not eating staple food can make people lose weight in a short time, but it is difficult to last and will bring side effects.

　　For example, not eating staple food for a long time can easily lead to hypoglycemia, intestinal dysfunction and other symptoms. If you only eat vegetarian food without meat, you are prone to iron deficiency anemia, muscle attenuation and other symptoms. In addition, the carbohydrate content of some vegetables is not much lower than that of rice, such as potatoes, taro, yam and lotus root, which may make you fatter and fatter.

　　Smegliptide, a "slimming drug", is abused.

　　In China, smeagoutide is currently a prescription drug for controlling blood sugar and losing weight in patients with type 2 diabetes. However, in real life, there is over-indication abuse. Some people without diabetes use this medicine to lose weight. Its principle is to increase insulin secretion, delay gastrointestinal peristalsis and reduce people’s demand for food.

Eating like this can lose weight! The National Health and Health Commission issued a document to teach you by hand →

　　According to the doctor, smegliptide is a prescription drug. Before injection, you should go to a professional weight loss center or hospital for relevant examination and evaluation, and adjust the dose reasonably under the guidance of a professional doctor, so as to obtain better benefits with less side effects.

　　Doctors warned that the use of smeagoutide may lead to hypoglycemia, acute pancreatitis, intestinal obstruction and other adverse reactions, in addition, it may also cause emotional problems such as depression.

　　Last year, China implemented weight loss metabolic surgery.

　　Over 35,000 cases

　　According to incomplete statistics, more than 35,000 cases of weight-loss metabolic surgery were performed in China last year. According to the doctor, not everyone is suitable for weight loss surgery, and surgery should be considered only if the effects of exercise, diet and drug intervention are not satisfactory. In addition, bariatric surgery only solves the health threat caused by obesity, and the follow-up depends on good diet and exercise habits.

　　CCTV reporter at reception desk/Long Xiaoqin Zhao Yingchen

[Editor in charge:

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　　BEIJING, Beijing, June 14 (Zhong Qing) On the 13 th, Sheng Laiyun, spokesperson of the National Bureau of Statistics and director of the National Economic Statistics Department, said at the press conference on the operation of the national economy in May that "the national economy continued this year’s smooth operation and steady progress, and positive factors continued to accumulate."

　　How to understand "stability" and "progress" here? Sheng Laiyun affirmed the overall stability of China’s economic operation from five aspects: industrial production, service industry development, market sales, employment and price. For "Jin", he believes that it is mainly reflected in the steady advancement of structural adjustment and transformation and upgrading.

　　In order to find the "structural changes" behind these economic developments, the reporter from Zhongxin.com combed five macroeconomic data and told you how the national economy "strives for progress steadily".

　　Investment structure

　　The growth rate of investment in energy-intensive manufacturing industry is falling.

　　In the case of relatively stable prices and industrial operation, the investment data of one of the "Troika" showed a downward trend.

　　According to the data released by the Bureau of Statistics on the 13th, from January to May, the national investment in fixed assets (excluding farmers) was 18,767.1 billion yuan, a nominal increase of 9.6% year-on-year, and the growth rate dropped by 0.9 percentage points compared with that in January-April.

　　"The growth rate of investment in fixed assets has indeed declined somewhat, but the investment structure is being optimized." Sheng Laiyun pointed out that high-tech investment and service industry investment in fixed assets investment have maintained a relatively fast growth rate, and the proportion is increasing; However, the growth rate of investment with high energy consumption, especially in industries with overcapacity, is declining.

　　Specifically, investment in high-tech industries increased by 13.6% in the first five months, which was 4 percentage points higher than the growth rate of total investment; In addition, the investment in industrial technological transformation is obviously improving, with an increase of 14.9% from January to May, which is 5.3 percentage points higher than the average growth rate; The proportion of investment in service industry was 57.4%, an increase of 1.2 percentage points over the same period of last year.

　　On the contrary, investment in industries with high energy consumption and overcapacity began to decline. Sheng Laiyun pointed out that the investment in the six high-energy-consuming manufacturing industries decreased by 1.5%, of which the investment in coal mining and washing industries decreased by 32.9%.

　　At the monthly economic data conference held on the 13th, the narrowing of the growth rate of private investment attracted media attention. The data shows that private investment in fixed assets increased by 3.9% year-on-year in the first five months, which was 1.3 percentage points lower than that in the first four months. Will this drag down China’s economic growth?

　　"The slowdown in the growth rate of private investment shows that the endogenous power of the economy needs to be strengthened", Sheng Laiyun bluntly answered the above questions, but this endogenous downward pressure does not necessarily mean the inevitable decline of the economy, which is related to the adjustment of China’s economic structure and power conversion.

　　Sheng Laiyun explained in detail two reasons for the decline of private investment: on the one hand, the ex-factory price of industrial products has continued to decline in recent years, especially the profit growth rate of some industries with overcapacity may decline, which has affected investment enthusiasm; On the other hand, it is related to the lack of access to private capital in some fields, which limits the entry of private capital to some extent.

　　Foreign trade structure

　　The import and export of private enterprises increased and their proportion increased.

　　Just last week, the General Administration of Customs released the latest import and export data, and the monthly import growth rate turned positive for the first time in 19 months.

　　According to customs statistics, the total import and export volume in May was 2,019 billion yuan, a year-on-year increase of 2.8%. Among them, exports were 1,171.9 billion yuan, an increase of 1.2%; Imports reached 847.1 billion yuan, up by 5.1%. Import and export balance, with a surplus of 324.8 billion yuan.

　　According to Xinhua News Agency, people in the industry believe that the external environment will be unstable and uncertain in the next few months, and the downward pressure on imports and exports will remain high. However, China’s series of foreign trade policies and measures adhere to the problem orientation, pay more attention to the transfer of processing trade to the central and western regions, and pay more attention to the adjustment of foreign trade structure and encourage innovation, which will create a more favorable environment for foreign trade development, effectively boost the confidence of import and export enterprises and enhance their ability to take orders.

　　From the data, the effect of structural adjustment can still be seen in the import and export of foreign trade in the first five months, and the import and export of private enterprises continued to grow and the proportion increased.

　　In the first five months, the import and export of private enterprises was 3.56 trillion yuan, up 6.9%, accounting for 38.8% of China’s total foreign trade, up 3.6 percentage points over the same period last year.

　　In terms of export product structure, the export of mechanical and electrical products declined, while the export of traditional labor-intensive products such as textiles and clothing increased. In the first five months, the export of mechanical and electrical products in China was 3.03 trillion yuan, down 2.5%; In the same period, the total export of seven categories of labor-intensive products, including clothing, textiles, furniture, footwear, plastic products, toys and luggage, increased by 2%, accounting for over 20% of the total export value.

　　consumption structure

　　Online retail continues to grow rapidly and consumption continues to upgrade.

　　As the "new kinetic energy" of economic development, the growth rate of consumption is lower than expected from the data performance, but in Sheng Laiyun’s view, the transformation and upgrading of the consumer goods market has made new progress.

　　In May, the total retail sales of social consumer goods reached 2,661.1 billion yuan, a nominal increase of 10.0% year-on-year and 0.76% quarter-on-quarter. From January to May, the total retail sales of consumer goods increased by 10.2% year-on-year. .

　　"Sales in industries related to the improvement of residents’ consumption quality and quality improvement have maintained rapid growth, and the trend of consumption upgrading continues to appear," Sheng Laiyun said.

　　For example, automobile sales in May increased by 8.6% year-on-year, 3.5 percentage points faster than that in April, which played an important role in supporting the steady growth of retail sales in that month. In the first five months, the sales of sports and entertainment products nationwide increased by 12.9% year-on-year, and the sales of Chinese and western medicines increased by 14.4% year-on-year.

　　Lin Tao, a senior statistician of the Department of Foreign Trade and Economic Cooperation of the National Bureau of Statistics, also affirmed the sales growth of consumption-upgrading commodities, saying that "the sales of new formats, new products and some consumption-upgrading-related commodities maintained rapid growth".

　　From January to May, online retail sales continued to grow rapidly, with the national online retail sales reaching 1,808.9 billion yuan, a year-on-year increase of 27.7%. Among them, the national online retail sales of physical goods increased by 25.9% year-on-year, the growth rate was 0.3 percentage points faster than that of January-April, and 15.9 percentage points higher than the growth rate of total retail sales of social consumer goods.

　　industrial structure

　　The overall stable structure of industrial production is continuously optimized.

　　At the press conference held on June 13, Sheng Laiyun summed up the overall situation of the national economy operation last month with the words "overall stability, steady progress".

　　He specifically mentioned that the word "stable" is first manifested in the relatively stable industrial production. In May, the added value of industrial enterprises above designated size increased by 6%, the same as in April. There have been some positive changes in industrial production. The added value of manufacturing industry increased by 7.2%, up 0.3 percentage points from last month, and the data of industrial electricity consumption rose by 0.3 percentage points.

　　From the data, the growth rate of service industry continues to be faster than that of industry, which means that the proportion of service industry in GDP continues to increase. At the same time, the industrial structure continues to be optimized, and the growth rate of high-tech industries and advanced equipment manufacturing industries is obviously accelerating, and the proportion is also constantly increasing.

　　In May, the added value of high-tech industry and equipment manufacturing industry increased by 11.5% and 8.5% respectively year-on-year, and the growth rate was 1.8 and 0.6 percentage points higher than that of last month, 5.5 and 2.5 percentage points faster than that of industries above designated size.

　　Another data reflecting the operation of the industrial economy is improving synchronously. In May, the PPI (ex-factory price of industrial producers) decreased by 2.8% year-on-year, which was 0.6 percentage points lower than that of the previous month, and the decline narrowed for five consecutive months.

　　Peking University Economic Research Institute’s prediction of the future trend of industrial product prices shows that the year-on-year decline of PPI should continue to narrow due to the influence of low cardinal utility.

　　real estate market

　　The growth rate of sales data of "destocking" commercial housing began to decline

　　After the "crazy March", the real estate market gradually returned to rationality in May, but the sales data still maintained a rapid growth.

　　In the first five months, the national commercial housing sales area was 479.54 million square meters, up 33.2% year-on-year, and the growth rate dropped by 3.3 percentage points compared with that in January-April. Among them, the residential sales area increased by 34.2%. The national sales of commercial housing reached 3,677.5 billion yuan, up 50.7% year-on-year, and the growth rate dropped by 5.2 percentage points.

　　In response to the narrowing of the cumulative growth rate of commercial housing sales data, Yan Yuejin, research director of the think tank center of Yiju Research Institute, told the reporter of Zhongxin.com that "this is related to the current cooling of the property market in second-tier cities". Previously, Hangzhou, Suzhou, Nanjing and other cities were basically popular. There has been a decline in transactions.

　　The sustained and rapid growth of sales data has effectively helped the "destocking" of the national property market. At the end of May, the area of commercial housing for sale was 721.69 million square meters, a decrease of 5.21 million square meters compared with the end of April.

　　Sheng Laiyun said that real estate inventory is the highlight of this year’s destocking task, and real estate inventory has been declining for several months. "The area for sale of commercial housing continues to decrease, and the effect of destocking has begun to show." Li Jiao, senior statistician of the Investment Department of the National Bureau of Statistics, said when interpreting real estate data.

　　In Yan Yuejin’s view, while "destocking", it is even more necessary to be alert to the risk of rapid rise in housing prices. "Especially in some third-and fourth-tier cities, similar to the surrounding areas of big cities such as Kunshan, Wuxi, Dongguan and Langfang, the effect of destocking is good, but the price increase is also obvious, which is the content that needs attention in subsequent destocking." Yan Yuejin said. (End)

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[today’s recommendation]

Sudden! Krypton intends to withdraw from the US stock market.

On May 7, Geely Automobile Holdings Co., Ltd. announced that it plans to acquire all the issued shares of Extreme Krypton Intelligent Technology Co., Ltd. Geely Automobile currently holds about 65.7% of the shares of Extreme Krypton. If the transaction is completed, Extreme Krypton will be completely merged with Geely Automobile, privatized and delisted on the New York Stock Exchange. In this regard, Geely Holding Group responded that this move is an important step to further implement the Taizhou Declaration, focus on the main automobile industry, improve resource utilization efficiency and deepen brand synergy.

Lenovo Yang Yuanqing responded to whether the product price increased.

At Lenovo TechWorld on May 7th, Yang Yuanqing, chairman of Lenovo Group, was asked if Lenovo’s products would increase in price as a global company. Yang Yuanqing said that there is definitely no absolute answer, and the supply and demand of parts is a very important consideration. Everyone is concerned that the impact of tariffs will be reflected in product pricing. If there is no further policy change, the impact on prices may not be great. But the future is very uncertain.

NVIDIA said that China’s $50 billion market should not be missed.

On May 6th, local time, NVIDIA CEO Huang Renxun attended the Knowledge conference of the global technology summit of ServiceNow in Las Vegas, USA. On the same day, NVIDIA and ServiceNow jointly launched a new service for enterprise AI agent. Huang Renxun talked about the potential of artificial intelligence and NVIDIA’s latest reasoning model, and once again stressed that China is an important market for artificial intelligence. "China is a very large market for artificial intelligence, and the market scale in the next two or three years may reach 50 billion US dollars. As an American company, it will be a huge loss if it cannot provide services for the China market. " He also said that regardless of the policy, enterprises should remain flexible.

Internet

Taobao and Xiaohongshu reached strategic cooperation.

On the eve of 618, the traffic of Taobao Tmall and Xiaohongshu was further opened. On May 7, Taobao Tmall signed a strategic cooperation with Xiaohongshu to create the "Red Cat Plan", announcing that the two sides will further open up integration and open up the whole link from planting grass to purchasing. From the specific cooperation content, the two sides mainly reached a strategic cooperation on brand merchants planting grass, and jointly established a tripartite account. Brand merchants can observe the full link effect from planting grass to placing orders through Taobao platform, and improve the delivery efficiency. Taobao Tmall will also increase investment, heating and pouring notes for merchants planting grass. At the same time, Xiaohongshu and Taobao will jointly add the function of "advertising hanging chain" below the notes. Brands that joined the pilot in the early stage can realize the direct drainage of content delivery to Taobao Tmall stores. At the same time, Taobao brand merchants can also be placed directly in Xiaohongshu.

JD.COM 618 will be officially opened on May 31st.

JD.COM announced on May 7th that it will officially open JD.COM 618 at 8 pm on May 31st. Prior to this, the heartbeat shopping season will be the first to open at 8 pm on May 13th.

TEMUFull hosting mode in the US has been stopped.

At the end of April, TEMU stopped the full custody mode in the United States, and the goods in TEMU were marked with the labels of local warehouse, "no import fee" and "no delivery surcharge". (Cailian)

TikTokAnnounced a new data center project in Finland with an investment of 1 billion euros.

TikTok announced the new data center project in Finland on May 6th local time, which is an important step in the field of data security in Europe. With an investment of 1 billion euros, local developer HyperCo Oy will build a new data center in Kouvola, Finland. TikTok said that the new data center is the core part of the four-leaf clover project, which plans to invest 12 billion euros to provide data protection for 175 million Europeans. (Interface News)

Zuckerberg’s apple and NVIDIA.

At the Stripe 2025 annual conference held on May 6, local time, the biggest concern was that Mark Zuckerberg, CEO of Meta, made no secret of his hostility to Apple in public, and generously indicated that his management philosophy was quite different from Huang Renxun, the founder of NVIDIA. In a conversation with Stripe CEO and co-founder John keirrison, Zuckerberg publicly commented on Apple and its App Store policy. Although Zuckerberg tried to show a restrained attitude, his words still revealed gloating over Apple’s recent difficulties.

[technology circle]

Huawei Recruitment: We have not conducted any form of internship cooperation with any third party.

On May 7th, Huawei Recruitment issued a document saying that some intermediaries have recently sold Huawei’s "internal internship", "internship recommendation letter" and "remote internship" on the Internet, and some students have been deceived. I would like to remind you that Huawei has no internship methods such as "internal internship" and "remote internship", and has never carried out any form of internship cooperation with any third party (intermediary or individual).

Tencent Yuanbao announced the function upgrade of Wensheng Map.

On May 7, Tencent Yuanbao announced that the function of Wensheng Map has been upgraded, and both Mixed Element and DeepSeek can generate maps. This function is combined with the latest Wensheng diagram model of Tencent, and has been launched at the whole end of Yuanbao.

Volcano Engine released database intelligent assistant DBCopilot

On May 7th, Volcano Engine officially released the first database intelligent assistant in China — — DBCopilot, which has been online in the DBW console of Volcano Engine database workbench.

Google releases Gemini 2.5 Pro "I/O" model.

On May 6th, local time, Google DeepMind artificial intelligence research team released Gemini 2.5 Pro "I/O", which is an upgraded version of the multimodal language model Gemini 2.5pro released in March this year. On the AI ranking list LMArena, the model reached the top on several indicators. At present, the model has been opened to independent developers of Google AI Studio, enterprise users of Vertex AI cloud platform and ordinary users of Gemini applications.

The Federal Aviation Administration allows SpaceX to launch starships 25 times a year in Texas.

On May 6, local time, the Federal Aviation Administration (FAA) released the final environmental assessment of SpaceX’s proposal to increase the number of launches of starships/super heavy orbits in Boca Chica, Texas, allowing the number of launches to increase from 5 to 25 per year.

Foreign media: OpenAI plans to expand the Stargate project to areas outside the United States.

According to foreign media reports, OpenAI plans to expand the Stargate project to areas outside the United States.

[Car ring]

Changan Automobile rumor merged into Dongfeng Group: relevant parties will be held accountable.

WeChat official account, the "Changan Automobile False Information Reporting Center", issued a document saying that during May 5th to May 6th, Changan Automobile discovered a group of organized dissemination of false information from media accounts, slandering China automobile brands and maliciously slandering the relationship between Changan Automobile and other automobile brands. Changan Automobile officially listed the list of relevant self-media accounts, and said that Changan Automobile has taken legal measures to safeguard the legitimate rights and interests of enterprises for the subjects/individuals who spread false information such as "Changan Automobile has been merged into Dongfeng Group as a secondary enterprise".

Zhiji Automobile: The pre-sale order of the new Zhiji L6 reached 24,000 units.

On May 7th, Zhiji Automobile announced that the pre-sale order of the new Zhiji L6 reached 24,000 units. It is understood that the new Zhiji L6 was released on April 18th, with three major configuration versions, and the price range of pre-sale rights and interests is 219,900 yuan-289,900 yuan, and will be officially listed and delivered on May 13th.

LI responded to Li Xiang’s annual salary of 639 million: the actual salary was 2.66 million.

On May 7, LI said: "‘ Li Xiang’s annual salary is 639 million ’ This statement is not accurate. " According to LI, Li Xiang’s total actual salary in 2024 is 2.66 million yuan. At present, the annual sales volume of 500,000 vehicles disclosed corresponds to 18 million shares, which is about 639 million yuan, which belongs to the expenses that the company must keep accounts according to American accounting standards, and is not the actual salary income of Li Xiang. (Red Star Capital Bureau)

Xpeng Motors applied for Iron Man trademark.

Aiqicha App shows that recently, Guangdong Xpeng Motors Science and Technology Group Co., Ltd. applied to register an "Iron Man" trademark, which is internationally classified as a scientific instrument, and the current trademark status is awaiting substantive examination. According to reports, He Xiaopeng, chairman of Xpeng Motors, appeared at the Shanghai Auto Show with the humanoid robot IRON. He Xiaopeng introduced that humanoid robots in Tucki have entered the stage of factory training, with the goal of realizing large-scale industrial mass production in 2026. He expected that robots in Tucki could work with humans in the factory environment in the future to improve work efficiency.

Tucki Huitian responded to "listing in Hong Kong or the United States": At present, the company has no specific information to publish.

On May 7th, it was reported that Xpeng Motors was considering the initial public offering of its flying car subsidiary, Tucki Huitian, and Xpeng Motors had invited a number of banks to bid for a role in the IPO of Tucki Huitian, which may be held in Hong Kong or the United States. In this regard, Tucki Huitian responded that at present, the company has no specific information to publish. (Cailian)

SAIC Volkswagen sold nearly 83,000 vehicles in April, up 5.9% year-on-year.

According to SAIC Volkswagen, in April, SAIC Volkswagen sold nearly 83,000 vehicles, up 5.9% year-on-year, including nearly 14,000 vehicles sold by Tiguan family terminals and nearly 18,000 vehicles sold by Passat family terminals.

The BMW Group’s total revenue in the first quarter was 33.758 billion euros and its net profit was 2.173 billion euros.

On May 7, the BMW Group released a financial report showing that the global delivery volume in the first quarter of 2025 was 586,117 vehicles, down 1.4% year-on-year; The total revenue was 33.758 billion euros, a year-on-year decrease of 7.8%; The net profit was 2.173 billion euros, a year-on-year decrease of 26.4%; The profit margin before interest and tax of automobile business was 6.9%, compared with 8.8% in the same period of last year.

Tesla launched a long-life rear-wheel drive Model Y in the United States, priced at $44,990.

Tesla official website shows that Tesla has launched a long-life rear-wheel drive version of Model Y in the United States, which costs $44,990.

Ferrari’s net revenue in the first quarter was 1.791 billion euros, a year-on-year increase of 13.0%.

Ferrari announced its first-quarter results on May 6th, local time. Its net revenue in the first quarter was 1.791 billion euros, up 13.0% year-on-year, and its total shipments were 3,593 units. The net profit in the first quarter was 412 million euros, and EBITDA was 693 million euros.

[Big consumption]

JD.COM Pangdonglai joined forces.

Recently, Fat Donglai Trading Group and Jingdong Logistics Group jointly built the first Henan supply chain industrial base — — Jingdong Logistics (Xuchang) supply chain industrial base project will be fully put into operation in June this year. The person in charge of the project said that after the project is put into production, the annual output value will be about 2.5 billion yuan, and the profit and tax will be 50 million yuan. Aiqicha App shows that Jingdong Logistics Supply Chain Co., Ltd. was established in June 2020, with Hu Wei as its legal representative and a registered capital of 10 billion yuan. In addition, information related to intellectual property rights shows that in January 2021, an industrial company in Henan applied to register a trademark of "Fat JD.COM", which is classified as catering and accommodation internationally, and the trademark is invalid at present.

Founder of Box Horse Re-started: Pat Xiansheng completed $25 million angel round financing.

Pat Xiansheng, a new retail brand of pet food, announced the completion of $25 million angel round financing on May 7, setting a new high for angel round financing in the pet industry in recent years. The funds will be used for the innovation of big data customized products, the construction of supply chain system and the refined operation and expansion of stores to meet the diversified requirements of pet owners and promote the development of the industry in a direction more in line with pet consumption characteristics. It is reported that Hou Yi, the founder of Pat Xiansheng, is also the founder of Boxma Xiansheng.

Kweichow Moutai: In April, the company repurchased 934,800 shares and paid 1.44 billion yuan.

Kweichow Moutai announced in the evening that in April, 2025, the company repurchased 934,800 shares, accounting for 0.0744% of the company’s total share capital. The highest purchase price was 1,575 yuan/share, the lowest price was 1,468.01 yuan/share, and the amount paid was 1.44 billion yuan. By the end of April, 2025, the company had repurchased 2,017,500 shares, accounting for 0.16% of the company’s total share capital. The highest price purchased was 1,584.06 yuan/share, and the lowest price was 1,417.01 yuan/share, and the total amount paid was 3,039 million yuan (excluding transaction costs).

Maotai’s first spokesperson rumors failed, and it was Maotai Wenlv who signed LAY.
On the morning of May 7th, rumors about LAY, the first spokesman of Maotai, rushed to the hot search, which also triggered a hot discussion in the market, but they were not confirmed by Maotai officials. On the evening of the same day, the official of Maotai Wenlv Company announced the signing of LAY as the image spokesperson. According to reports, Maotai has never hired a spokesperson in history, so this news has attracted much attention from the outside world. According to the information released by Maotai Wenlv, LAY will attend May 17th — Music event held in Guiyang on 18th, but did not disclose the specific details of cooperation.

fiveOn July 7th, the wholesale reference price of Feitian Maotai generally fell.

According to the latest wholesale reference price disclosed today, on May 7th, the prices of original cases of Feitian Maotai in 24 years, original cases/loose bottles of Feitian Maotai in 23 years and original cases/loose bottles of Feitian Maotai in 22 years all fell, ranging from 15 yuan to 45 yuan, with the original cases of Feitian Maotai in 23 years falling the most, dropping 45 yuan to 2235 yuan/bottle.

Tsingtao Brewery: It is planned to acquire 100% equity of Jimo Yellow Rice Wine.

Tsingtao Brewery announced in the evening that the Company had signed the Equity Transfer Agreement with Xinhuajin Group, Lujin Group and Shandong Jimo Yellow Rice Wine Factory Co., Ltd. ("Jimo Yellow Rice Wine"), and the Company planned to take over 100% equity of Jimo Yellow Rice Wine held by Xinhuajin Group and Lujin Group, with the relevant consideration of 665 million yuan and the sum of the profit and loss during the price adjustment period. Jimo yellow rice wine belongs to the fermented wine industry with our company. With the addition of Jimo yellow rice wine, it will further enrich our product line, broaden market channels and provide more diversified choices for consumers.

Domestic multi-brand gold jewelry prices continue to rise.

On May 7th, the price of gold jewelry in many domestic gold shops continued to rise, and the price of gold jewelry in brands such as Chow Tai Fook was raised by 7 yuan/gram to 1033 yuan/gram compared with yesterday.

Shanghai legoland opened on July 5 this year.

Merlin Entertainment Group officially announced on May 7 that legoland, the largest park in the world — — Legoland Resort will open on July 5, 2025 to welcome guests. "Limited Commemorative Year Card for Opening the Park (including tickets for trial operation)" and "Limited Hotel Package for Opening the Park (including tickets for trial operation)" were officially launched on the official WeChat applet of legoland Resort today (May 7), and the above products were launched for members yesterday. Legoland Resort has eight major theme areas, over 75 interactive riding facilities, performance and fun attractions, and thousands of Lego models made up of over 85 million Lego bricks.

Aviation industry

The first overseas user of domestic aircraft flies to Shanghai.

At 14:25 Beijing time on May 7th, a domestic C909 plane departed from SamRatulangi International Airport in Manado, Indonesia, and will arrive at Shanghai Pudong International Airport at about 20: 55 that evening. This is the first Minato-Shanghai flight opened by TransNusa, which further extends the commercial operation network of domestic aircraft in the international market.

Foreign media: If the trade negotiations with the United States fail, the EU will propose to impose tariffs on Boeing.

According to foreign media reports, if the trade negotiations with the United States fail, the EU will propose to impose tariffs on Boeing.

[financial circle]

AIC license ushered in the expansion period, and Industrial Bank won the first order of the stock bank.

On the evening of May 7, Industrial Bank announced that it had received the Reply of the State Financial Supervision and Administration on the Establishment of Xingyin Financial Assets Investment Co., Ltd. (Jin Fu [2025] No.284). According to the reply, Industrial Bank was approved to build Xingyin Financial Assets Investment Co., Ltd.. After the preparatory work is completed, Industrial Bank will apply to the State Financial Supervision and Administration for opening in accordance with relevant regulations and procedures.

Shanghai Pudong Development Bank: Liu Yiyan, the company’s vice president and chief risk officer, resigned due to his age.

Shanghai Pudong Development Bank announced in the evening that due to his age, Liu Yiyan resigned as the company’s vice president and chief risk officer. According to the company’s articles of association, the resignation shall take effect as of the date it is delivered to the company’s board of directors.

E Fund reduces management fees of two funds.

On May 7, E Fund announced that the management fees of E Fund’s new comprehensive bond index fund and E Fund’s investment-grade credit bond fund will be lowered from May 12, with the former’s annual management fee reduced from 0.30% to 0.15% and the latter from 0.35% to 0.30%.

Bee Qiao Capital responded to Qing POP MART: When the fund expires, it is still optimistic about the company’s stars and seas

On May 7, Bee Qiao Capital issued a document in its official WeChat official account, saying, "As the first phase of Bee Qiao RMB Fund is about to expire, Bee Qiao Capital has cleared all the POP MART shares bought before listing in three times through block transactions in the past week, and the fund will no longer hold any POP MART shares." This also positively responded to the information that "investors sold POP MART shares through block transactions many times" which was hotly discussed in the capital market in the previous week.

[medical circle]

Upgrade jurisdiction, court session in July! The latest development of Kangmei Pharmaceutical’s case of recovering 340 million yuan.

As a follow-up action of "the first special representative lawsuit" in China capital market, Kangmei Pharmaceutical sued Guangdong Zhengzhong Zhujiang Certified Public Accountants for a 340 million yuan recovery dispute, which ushered in the latest progress. It is reported that the Guangzhou Intermediate People’s Court issued a ruling, in view of the fact that the case is a new type of case, the case is complex and has the guiding significance of legal application, and the Yuexiu District People’s Court of Guangzhou submitted an application for upgrading jurisdiction, so it was decided that the Guangzhou Intermediate People’s Court would be responsible for hearing the case. The case will be heard in July 2025. (Securities Times)

Siemens Medical expects that the tariff will affect the profit of 300 million euros.

On May 7, Siemens Medical announced its performance report, and the company predicted that tariffs would have an impact of up to 300 million euros on Siemens Medical’s operating profit in the second half of 2025.

The new global "drug king" is coming! Smegliptide earned more than K drugs in the first quarter.

In 2024, Novo Nordisk’s smeagoutide (including Ozempic, Wegovy and Rybelsus) ranked behind Merck K with a sales gap of less than $200 million, and missed the throne of the global "drug king". In the first quarter of 2025, the global sales of smeagoutide finally surpassed that of K-drug, and it temporarily took the throne of the global "drug king". According to the relevant data, in the first quarter of 2025, the sales of smeagoutide was 664 million dollars ahead of K drug.

[real estate]

With a capital of 1 billion yuan, Country Garden Property indirectly provides guaranteed delivery loans to real estate groups.

On May 7th, Country Garden Service announced that it had signed loan contracts with two companies, Win Win and Fortune Warrior, and would provide the two companies with revolving loan facilities with a total principal of RMB 1 billion. The loan will be allocated from the internal resources of the Group. The two companies are wholly owned by Yang Huiyan, the non-executive director and major shareholder of Country Garden Services. The loan of 1 billion yuan will be lent by the two companies, Win Win and Fortune Warrior, to the domestic subsidiary of Country Garden Holdings for the related matters of guaranteeing the delivery of the house.

(Editor: Chen Ting)

　　Shops and convenience stores in Shanghai are being reshuffled.

　　Carrefour has been operating in China for more than 20 years, and the new owner has been replaced by Suning; Metro, which entered almost at the same time as Carrefour, is also looking for the receiver of China business … … Even ordinary consumers can clearly feel this change when walking on the street — — Traditional hypermarkets such as e-mart and Tesco are gradually withdrawing from the downtown area and being replaced by various new supermarkets and convenience stores. Among them, there are foreign brands such as ALDI, the century-old supermarket chain in Germany, Costco, the second largest retail supermarket in the world, and new brands hatched by domestic capital such as Pick’n Go, Suning Store, Ole’s boutique supermarket and G-Super. Shanghai’s supermarket industry has become more and more lively.

　　Every round of survival of the fittest, Shanghai’s supermarket industry is evolving itself. Every brand is constantly trying and growing in this new era of consumption, letting go of the game between technological upgrading and business model change. And all business comes from the most basic variable, the consumer.

　　■ Wen Wei Po reporter Xu Jinghui

　　Giant game

　　Those who can’t run fast will eventually be eliminated

　　In the early 1990s, the supermarket format entered Shanghai for the first time, and it has reached the stage of standing in the thirties. However, this mature system is not calm, and "undercurrent surging" is the most appropriate adjective to describe the current state of this industry.

　　At the end of last month, Suning.cn announced that its wholly-owned subsidiary Suning International planned to invest 4.8 billion yuan to acquire 80% shares of Carrefour China, thus swallowing this "behemoth" with an operating income of nearly 30 billion yuan in China. Not only Carrefour, but also the "Big Mac" supermarkets in the past seem to have a "middle-aged crisis". Lotte, e-mart, Tesco and other brands have withdrawn one after another, while Metro has been seeking to sell its China business … …

　　The "vacancy" in the market has been replaced by new brands with stronger capital. Box Ma Xiansheng, hatched from Alibaba, became the main store for major shopping centers in just three years, and successfully embarked on the "C position"; Tencent invested heavily in Yonghui’s new format "super species", which expanded rapidly nationwide; Greenland Group’s G-Super Greenland, which lays out the retail industry, is preferably fully expanded in first-and second-tier cities, with 31 stores opened in Shanghai alone … … These supermarkets rooted in shopping centers have gradually replaced the original "single-family" hypermarkets.

　　The same situation also appeared in the convenience store industry. Many years ago, small convenience stores such as Keke, Haode, Liangyou and Diatiantian, which were all over the streets of Shanghai, were shrinking, while Japanese brands such as Family and Rosen developed steadily, while a number of new brands such as Suning Store and Convenience Bee rose, with the blessing of giants such as Suning, Tencent and Gaoyou Capital.

　　Looking at the reshuffle of the supermarket industry, behind the giant game is actually the transformation of business philosophy: when the development and reform of a format can’t beat the market and consumers, it will inevitably go downhill. In the past, the supermarket format faced a market that had not been developed by e-commerce, and consumers had to rely on the offline shopping environment. Therefore, the intensive and one-stop shopping environment was favored. With the impact and integration of e-commerce, the past business model has been difficult to meet the needs of current consumers.

　　The re-opening of the supermarket industry, the traditional hypermarkets represented by Yonghui and RT Mart, and the new brands represented by Boxma Xiansheng, have similar paths — — Seamless online and offline links to speed up home service. In March last year, RT Mart’s "online ordering and offline delivery" service was fully rolled out. Bin Yuan, a new retailer in RT Mart, revealed in an interview that although this transformation is difficult, the effect is quite obvious after the integration of online and offline, which not only greatly improves the efficiency, but also makes the consumer structure younger, which is the most desirable change of traditional hypermarkets.

　　Consumer competition

　　Adjust the strategy according to consumer preferences

　　In this round of reshuffle, the change of business model comes from the most basic variable of consumers. A report from Deloitte shows that the rapid economic development in China has stimulated the consumption demand of the younger generation. Different from the previous generation of consumers, young consumers pay more attention to convenient, personalized and high-quality shopping experience.

　　Judging from the shopping habits of the main consumers, such as post-80s, post-90s and even post-00s, they are fundamentally different from the previous generation: post-80s and post-60s like to browse the promotional advertisements stuffed into mailboxes in supermarkets, then get on the free shuttle bus early in the morning and buy all the discounted daily necessities at once in the stores. However, the post-80s and post-90s are not like this. As far as their eyes are concerned, the "June 18th Promotion" and the "double 11" online carnival are the two major shopping labels at the middle and end of the year, respectively. Those daily necessities such as paper towels, toiletries and baby diapers are purchased at a low price at one time. Even if they "improvise" and move their fingers, these standard products can basically be purchased from all over the country in one day.

　　The change of consumers’ shopping habits has a great impact on hypermarkets. Some surveys show that in first-tier cities, the frequency of young consumers going to large supermarkets can be calculated by "month", which makes the "Big Mac" have to make strategic adjustments around the changes in consumer demand.

　　At present, a relatively successful adjustment model is the development of large-scale enterprises with ultra-miniaturization. For example, Easy Carrefour is a successful case. Its most obvious benefit lies in cost saving. On the one hand, those goods with high online shopping rate gradually withdraw from the shelves, greatly reducing the area of the supermarket; On the other hand, these supermarkets, with an area of about 1,000 square meters, mainly focus on fresh food, imported food, beverages and other products with high repurchase rate and instant consumption, which can filter the positive impact brought by e-commerce to the maximum extent.

　　The development of large-scale supermarkets towards miniaturization is also helpful to its site selection. Previously, "Big Mac" stores loved "single-family" stores, with all kinds of parking lots and shuttle buses. Now, entering shopping centers is not only easier to operate than big stores, but also easier to reach young consumers, and it is also convenient for large-scale expansion.

　　From a deep perspective, the miniaturization of big stores is also a reasonable combination of the whole supply chain to optimize in depth. Nowadays, these scattered supermarkets are already composed of two parts — — Front store and back warehouse. The function of "front store" further flies away in the direction of "emergency+experience", such as fresh products, beverage products and so on; The "back warehouse" has turned into a "front warehouse" for online shopping users, stocking according to big data and responding to online shopping needs.

　　Cost bottom line

　　Looking for breakthrough direction in "actuarial science"

　　The reshuffle of Shanghai Shangchao format is also closely related to cost. At the end of 1990s, when the first batch of hypermarkets entered Shanghai, they signed multi-year leases in one breath. Now, most of them quit because the leases expired and they could not afford high rents.

　　But the latecomers also have to face the cost game — — The premise of any business model is profitability. In the era of supermarkets with high rents and high labor costs, new solutions are needed.

　　Starting from the "variable" of consumers, fresh products with high gross profit have become the main direction of major brands. In this matter, as big as box horse fresh, super species, Ole’ Boutique supermarkets, as small as Suning stores and Haode convenience stores, are all making efforts. As a matter of fact, the fresh-keeping strategy has achieved very good results in the early stage. This kind of goods with high repurchase rate and high gross profit margin can directly drive profit growth. Fresh products have made extremely important contributions to the reason why Box Horse Fresh Life’s first store in China can realize single-store profit so quickly.

　　However, we have to pay attention to the fact that when all brands are heading for running all the way, the rapidly saturated market makes this once-tried-and-tested model "kick the iron plate". Box Ma Xiansheng has closed its store for the first time this year, and Wanda Store in Wujiaochang, the first store of Yonghui Yunchuang’s super species in Shanghai, has recently closed its doors. According to Suning.cn’s financial report, the loss of Suning Store only reached 296 million yuan in the first seven months of 2018. With the rapid expansion of the store, this loss will expand sharply. How to stop loss will be a difficult problem that these brands must face.

　　To cope with the high cost, another way to solve the problem is to replace manpower with technology. For example, the newly-emerging brand Convenience Bee is equipped with unmanned payment equipment in all stores in Shanghai. In convenience stores that are open 24 hours a day, the work of the night clerk is mainly to receive goods, replenish goods, tally, etc., and the cashier work is replaced by intelligent technology equipment.

　　Before this, unmanned supermarkets were indeed booming. In 2017, Taobao’s "Amoy Coffee" became popular at the Creation Festival. Since then, all parts of the country have tried water without retail. However, from the current development, the cost of artificial intelligence is much higher than that of labor, which hinders the promotion of unmanned supermarkets. A retired employee of Binguo Box, an unmanned convenience store, told reporters that the company started to lay off employees at the end of last year, and it has plummeted from more than 500 people at its peak to more than 100 people now. However, Wei Xueqi, an associate professor in the Department of Information Management and Information Systems, School of Management, Fudan University, believes that the launch of the 5G commercial tide will be of great help to unmanned supermarkets in the next year or two. Once the technical cost can be greatly reduced, it will be able to support this new format. Accelerate development.

　　In addition, it is also a strategy to open a shop in the suburbs where the land price is cheaper. Whether it is a Sam member store in Qingpu or Pudong, or a market opening guest who is about to open, it is such a prudent business. Andrew Miles, president of Sam member store’s China business, calculated an account for the reporter: the cost of opening a store in the suburbs is only half of that of an urban supermarket, while the sales volume brought by strict control of product quality can reach 5 to 10 times that of an ordinary supermarket, which gives the possibility of a virtuous circle of supermarket formats.

　　Personalized development

　　Thousands of stores and thousands of faces, to "change" to meet the trend.

　　The transformation of Shanghai supermarket industry is far from over, because from this summer, a large wave of new stores will be unveiled in Shanghai — —

　　At the end of June, Oleqi, a famous cheap supermarket brand in Europe, opened two offline stores in one breath and officially entered the retail battlefield in China.

　　On July 2nd, Box Horse opened a new convenience store in Shanghai — — Pick’n go, the "smallest" box horse store in history, covers an area of less than 20 square meters. It is mainly engaged in fresh food and is also the latest attempt of box horse.

　　On July 4th, Yonghui Supermarket "Market Life" opened in Sanlin Impression City, Pudong, with the combination of traditional market culture and fashionable and modern farmer’s market decoration as its selling point.

　　In late July, Yonghui Supermarket’s first mini community store will soon land in Nanxiang, Jiading, which is also a new exploration of Yonghui Supermarket after "super species" … …

　　New brands emerge one after another, and "change" is the only constant theme. Hou Yi, CEO of Box Horse Fresh Life, once said that in addition to Box Horse Fresh Life, they are actively exploring new formats such as Box Horse Vegetable Market and Box Horse mini, and studying the best format model in different cities, different regions, different population densities and different scenarios, so as to make strategic reserves for the development in the next decade.

　　Not long ago, Convenience Bee got the first hot meal business license of convenience store in Shanghai. Nowadays, in every store, you can see a hot meal sales area enclosed by a glass curtain wall, which is equipped with steaming oven, cleaning and disinfection washing pool, warm water heat preservation cabinet and other equipment and facilities for supplying hot food. After the hot meal is heated, it can be stored in the warm water heat preservation cabinet, which can maintain a constant temperature, which means that no matter the first guest or the last guest, they can get the meal with the same temperature.

　　At the same time, theme stores and exclusive imported goods are also important "playing methods" for major brands. At the end of May, Rosen’s first Hello Kitty theme convenience store in the world opened in Nanjing East Road subway station. Before that, this convenience store had launched theme stores such as "Shanghai Football", "Teddy Bear" and "Detective Conan" to attract consumers to stop. The G-Super Green Space Optimization is based on the spillover effect of the import Expo, trying to improve its core competitiveness while introducing more new overseas products and bringing global good goods into the domestic market more efficiently.

　　In the ever-changing, Shangchao industry is working hard in the direction of segmentation and personalization. These differentiated explorations may become the keys for brands to settle down in the future. Liu Min, deputy director of the Shanghai Municipal Commission of Commerce, said that the retail industry in Shanghai experienced the last round of information technology development, and now it has returned to quality and service again, forming a positive spiral upward trend, which will bring brand-new vitality and energy to the supermarket industry in Shanghai.

　　BEIJING, Beijing, May 21 (Reporter Liu Yuying) The "White Paper on Blockchain Industry in China in 2018" released by the Information Center of the Ministry of Industry and Information Technology of China on the 20th said that the blockchain industry in China is in a high-speed development stage and the industrial chain has taken shape.

　　According to the White Paper, by the end of March 2018, the number of blockchain companies with blockchain business as their main business in China had reached 456, from upstream hardware manufacturing, infrastructure and security services to downstream industrial technology application services, to industry investment and financing, media and talent services to ensure industrial development. Companies in various fields have been basically complete, coordinated and orderly, and jointly promoted the industry to move forward.

　　Judging from the geographical distribution of the company, the geographical distribution is relatively concentrated and the industrial agglomeration effect is obvious. Beijing, Shanghai, Guangdong and Zhejiang are still concentrated places for blockchain entrepreneurship, and blockchain enterprises in the four provinces account for over 80%. In addition, China’s top ten provinces with blockchain entrepreneurial activity include Jiangsu, Sichuan, Fujian, Hubei, Chongqing and Guizhou.

　　Judging from the distribution of blockchain industry segments, by the end of March 2018, the number of industry application service companies in blockchain field was the largest, among which the number of companies mainly serving the financial industry reached 86, mainly serving the physical industry. The number of service companies reached 109. In addition, there are more than 40 related companies in blockchain solutions, underlying platforms, blockchain media and community fields.

　　Judging from the distribution of financing rounds, the blockchain industry is still in a very early stage. At present, nearly 90% of investment events are concentrated in the early stage (A round and before), another 9% are strategic investments, and the investment events in B round and after account for only 2%. The development of blockchain industry is in the ascendant.

　　The "White Paper" looks forward to the trend of China’s blockchain industry: First, blockchain has become the forefront of global technology development and opened up a new track for international competition; Second, the blockchain field has become a new hot spot for innovation and entrepreneurship, and technology integration will expand new application space; Third, the blockchain will be widely deployed in the real economy in the next three years and become an important support for the construction of digital China; Fourth, the blockchain creates a new platform economy and opens a new era of sharing economy; Fifth, the blockchain accelerates the process of "trusted digitalization" and drives finance to "get rid of virtual reality" to serve the real economy; Sixth, the blockchain supervision and standard system will be further improved, and the industrial development foundation will continue to be solid. (End)

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