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【peakDear journalists and friends, good morning. Welcome to the regular press conference of the Ministry of Commerce. Today, I first have four pieces of information that I need to take the initiative to inform you.

I. Development of China’s foreign trade from January to May this year.

Since the beginning of this year, China’s foreign trade development has continued to maintain a steady and positive trend, and its quality and efficiency have been further improved.

It mainly has the following characteristics: from the international market, China’s import and export to traditional markets such as the United States, the European Union, Japan and Hong Kong increased by 5.3%, 7.3%, 4.5% and 6.8% respectively. Imports and exports to countries along the "Belt and Road" increased by 11.1%, which was 2.3 percentage points higher than the overall growth rate; Imports and exports to ASEAN increased by 11.9%, which was 3.1 percentage points higher than the overall growth rate. The country markets with rapid growth are Russia, Indonesia, Vietnam, etc., with growth rates of 18%, 16.5% and 24.4% respectively.

From the perspective of commodity structure, the structure of export products has been continuously optimized. The export of mechanical and electrical products was 3.61 trillion yuan, up 7.9%, 2.4 percentage points higher than the overall growth rate, and the proportion increased by 1.3 percentage points to 58.8%. Some imported commodities achieved rapid growth, and the total import value of 10 categories of bulk commodities such as natural gas, crude oil and coal increased by 10.9%.

From the perspective of business entities, foreign-funded enterprises are still an important force in China’s foreign trade development, with the proportion of private enterprises growing steadily and the import and export of state-owned enterprises developing healthily. The import and export of private enterprises was 4.52 trillion yuan, an increase of 11.7%, accounting for 1 percentage point higher than that of the previous year to 38.9%, and it continued to maintain its position as the largest export business entity; The import and export of state-owned enterprises was 2.11 trillion yuan, up by 13.8%, accounting for 18.1% of China’s total foreign trade. The import and export of foreign-funded enterprises was 4.95 trillion yuan, up 4.3%, accounting for 42.6%.

In terms of trade patterns, the proportion of general trade continued to increase, processing trade increased slightly, and border trade developed rapidly. In the first five months of this year, the import and export of general trade was 6.84 trillion yuan, up by 12.7%, and the proportion increased by 2 percentage points to 58.8%. The import and export of processing trade was 3.09 trillion yuan, up by 1.7%, accounting for 26.5%. Small-scale border trade developed rapidly, with the import and export reaching 104.29 billion yuan, an increase of 15.2%.

From the perspective of domestic regions, the eastern region continues to grow steadily, and the proportion of the central and western regions continues to increase. In the first five months of this year, the import and export of the central and western regions reached 1.81 trillion yuan, an increase of 16.7%, and the proportion increased by 1.1 percentage points to 15.6%. The import and export of the eastern region was 9.82 trillion yuan, an increase of 7.4%, accounting for 84.4%.

Two, about China’s foreign investment cooperation in the first five months.

From January to May 2018, domestic investors in China made non-financial direct investments in 2,987 overseas enterprises in 149 countries and regions around the world, with a cumulative investment of 47.89 billion US dollars, up 38.5% year-on-year, and maintained growth for seven consecutive months. The turnover of foreign contracted projects was US$ 56.88 billion, up 12.9% year-on-year; The amount of newly signed contracts was US$ 85.49 billion, up 13.4% year-on-year. Foreign labor cooperation sent 178,000 laborers of various types, and at the end of May, there were 998,000 laborers abroad, an increase of 69,000 over the same period last year.

In the first five months of this year, China’s foreign investment cooperation maintained a steady and healthy development, mainly with the following characteristics:

First, investment cooperation with countries along the Belt and Road has been steadily advanced. From January to May, Chinese enterprises made new investments in 54 countries along the Belt and Road, totaling 5.93 billion US dollars, up 8.2% year-on-year. The newly signed foreign contracted projects in countries along the "Belt and Road" amounted to 36.22 billion US dollars, accounting for 42.4% of the total in the same period; The completed turnover was USD 30.74 billion, accounting for 54% of the total amount in the same period.

Second, the industrial structure of foreign investment has been continuously optimized, and irrational investment has been effectively curbed. From January to May, foreign investment mainly flowed to leasing and business services, manufacturing, mining, wholesale and retail, accounting for 29.9%, 15%, 12.3% and 7.6% respectively. There are no new projects for foreign investment in real estate, sports and entertainment.

Third, the eastern region is still the main force of foreign investment, and enterprises in the three northeastern provinces are increasingly active. From January to May, the total foreign investment of 10 provinces and cities in the eastern region was US$ 27.72 billion, up 75.4% year-on-year, accounting for 78.1% of local foreign investment. The foreign investment of the three northeastern provinces was US$ 1.43 billion, an increase of 88.2% over the same period of last year.

Fourth, there are many newly signed large-scale projects for foreign contracted projects, which plays an obvious role in promoting exports. From January to May, there were 274 projects with newly signed contracts worth more than 50 million US dollars, totaling 73.08 billion US dollars, accounting for 85.5% of the total newly signed contracts. Foreign contracted projects drove the export of goods to 7.54 billion US dollars, a year-on-year increase of 25.7%.

In the first five months of this year, 3,373 foreign-invested enterprises were put on record or approved by the relevant authorities, with an agreed investment of US$ 45.503 billion from China. Among them, 3,356 non-financial foreign investment enterprises have been registered or approved, and the Chinese agreed investment is 42.015 billion US dollars; 17 financial foreign investment enterprises have been put on record or approved, with an agreed investment of US$ 3.489 billion.

Iii. About the situation of absorbing foreign capital in the first five months of this year.

From January to May 2018, the national absorption of foreign capital mainly has the following characteristics:

First, newly-established enterprises continued to grow rapidly, and the actual use of foreign capital rose slightly. From January to May, 24,026 foreign-invested enterprises were newly established nationwide, with a year-on-year increase of 97.6%. The actually utilized foreign capital was 345.59 billion yuan, up 1.3% year-on-year (equivalent to 52.66 billion US dollars, up 3.6% year-on-year).

In May, 5,024 foreign-invested enterprises were newly established nationwide, up by 106.5% year-on-year; The actual use of foreign capital was 58.81 billion yuan, up 7.6% year-on-year, equivalent to 9.06 billion dollars, up 11.7% year-on-year.

Second, the high-tech manufacturing industry maintained a rapid growth momentum. The actual utilization of foreign capital in manufacturing industry was 100.42 billion yuan, up 12.3% year-on-year, accounting for 29.1%. The actual use of foreign capital in high-tech industries increased by 9.8% year-on-year, accounting for 20.5%. The actual use of foreign capital in high-tech manufacturing industry was 33.69 billion yuan, a year-on-year increase of 61.9%. Among them, pharmaceutical manufacturing, electronic and communication equipment manufacturing, medical equipment and instrumentation manufacturing increased by 12.3%, 56.4% and 442.3% respectively. The actual utilization of foreign capital in high-tech service industry was 37.24 billion yuan, of which the transformation service of scientific and technological achievements increased by 4.1% year-on-year.

Third, the absorption of foreign capital in the central and western regions continued to grow, and the growth rate of foreign capital in the Pilot Free Trade Zone was ahead of the whole country. The actual utilization of foreign capital in the central region was 24.19 billion yuan, up 40.1% year-on-year, and that in the western region was 22.77 billion yuan, up 11.9% year-on-year. There are 3,358 foreign-invested enterprises newly established in 11 pilot free trade zones, up 10% year-on-year. The actual utilization of foreign capital was 40.78 billion yuan, up 14.1% year-on-year, accounting for 11.8% of the whole country.

Fourth, among the main sources of investment, investment in Singapore, South Korea, Japan, the United States, the United Kingdom, and Macao increased significantly. The actual investment increased by 33.9%, 66.9%, 5.1%, 16.3%, 56.9% and 72% respectively.

The actual amount of foreign investment in ASEAN increased by 38.9% year-on-year; Investment in countries along the Belt and Road increased by 38.8% year-on-year.

Four, about the situation of China’s cultural trade in the first four months of this year.

From January to April 2018, China’s cultural trade and investment grew steadily, and the total import and export of cultural products and services reached US$ 36.96 billion, a year-on-year increase of 13.5%. Among them, the total import and export of cultural products was US$ 25.51 billion, a year-on-year increase of 9%; The total import and export of cultural services was US$ 11.45 billion, up 25.1% year-on-year. The foreign investment of culture, sports and entertainment industry was 730 million US dollars, a year-on-year increase of 7 times, accounting for 2% of China’s total foreign investment. Mainly has the following characteristics:

First, the scale has steadily increased. From January to April, the export of cultural products reached US$ 22.43 billion, a year-on-year increase of 7.3%; Imports reached US$ 3.08 billion, up by 23.7% year-on-year; the trade surplus of cultural products reached US$ 19.35 billion; the export of cultural services reached US$ 2.41 billion, up by 9.4% year-on-year; imports reached US$ 9.04 billion, up by 30% year-on-year; and the trade deficit of cultural services reached US$ 6.63 billion.

Second, the structure tends to be optimized. The import and export of cultural services accounted for 31% of the total cultural trade, an increase of 3 percentage points over the same period last year. In the export of cultural services, license fees for audio-visual and related products, cultural and entertainment services and advertising services increased by 44.1%, 32.3% and 24.6% respectively, accounting for 85% of the export of cultural services, accounting for an increase of 11 percentage points. In the export of cultural products, the export of cultural special equipment and publications with high added value increased by 13.6% and 6% respectively.

Third, the market is more diversified. China exported 4.57 billion US dollars of cultural products to countries along the "Belt and Road", up 10.7% year-on-year, accounting for 20.4% of the total export of cultural products, accounting for an increase of 0.7 percentage points. The export of cultural products to "BRIC countries" such as Brazil, Russia, India and South Africa reached 1.34 billion US dollars, up 35.2% year-on-year.

The above is the information I need to inform you on my own initiative, and I would like to answer the questions raised by journalists and friends below. Please ask questions below.

【CCTV journalistPlease tell us what consensus, achievements and highlights the SCO Qingdao Summit has reached in economic and trade cooperation.

【peakThe Qingdao Summit of the SCO has achieved many achievements in the economic and trade field, which has injected new impetus into regional economic cooperation. Mainly reflected in the following three aspects:

First, continue to promote trade facilitation in the region. During the summit, the heads of member countries jointly issued the Joint Statement on Trade Facilitation, which will promote the process of trade facilitation among member countries and promote the growth of trade by simplifying customs procedures, reducing import and export procedures and improving transparency. The SCO countries actively participate in and support the China International Import Expo to be held in Shanghai in November this year, which will build a strong cooperation platform for expanding inter-regional trade.

The second is to increase efforts to support the cooperation of SMEs. All parties stressed the importance of strengthening cooperation in e-commerce, developing service industry and service trade, and supporting the development of small and medium-sized enterprises, and jointly signed a memorandum of understanding to promote cooperation among small and medium-sized enterprises. By supporting exhibition forums and organizing seminars and training, they will promote cooperation among small and medium-sized enterprises in various countries in e-commerce, innovative research and development, and stimulate the potential of regional economic cooperation.

The third is to issue a common voice in support of the multilateral trading system. In the Qingdao Declaration, the heads of member states emphasized their support for improving the global economic governance system, consolidating the multilateral trading system and safeguarding the authority and effectiveness of the World Trade Organization, and issued a unanimous voice against the fragmentation of international trade relations and trade protectionism. Thank you.

【Central Radio and Television General Station Yang Guang reporterOn the issue of the Qingdao Summit of the SCO, we have noticed that the Chairman of the Supreme Leader mentioned that he supports the construction of a demonstration zone for local economic and trade cooperation of the Shanghai, China Cooperation Organization in Qingdao. What specific functions will this demonstration zone undertake? What’s the goal? What are the main areas of cooperation with SCO member States?

【peakEconomic and trade cooperation is an important engine for the development of the SCO. Building a demonstration zone of China-SCO local economic and trade cooperation in Qingdao is to give full play to Qingdao’s geographical advantages and the functional advantages of land-sea combined transport, and to build a new platform for economic and trade cooperation between China and SCO countries. At present, Qingdao is working with relevant departments to further improve the work plan of the demonstration zone, initially considering exploring the mode of two-way interaction at home and abroad, focusing on developing modern service industries such as trade logistics and cross-border e-commerce, and promoting trade and investment cooperation among SCO countries and regions. At the same time, through the demonstration construction of local economic and trade cooperation, China enterprises are encouraged to actively participate in the construction of overseas economic and trade cooperation parks in other SCO countries, carry out cooperation in processing and assembly, agriculture, logistics and other fields, explore convenient customs clearance modes, and build a service platform for two-way trade and investment.

We will actively support the construction of Qingdao Demonstration Zone and promote the pragmatic economic and trade cooperation among SCO countries to achieve new results. Thank you.

【Guoguang reporter from Central Radio and Television General StationPresident Supreme Leader and President Putin held the first meeting between the two heads of state this year in Beijing on the 8 th. What achievements have the two sides made in the economic and trade field during the meeting? What role will it play in promoting bilateral economic and trade relations in the future?

【peakDuring the meeting between the heads of state of China and Russia, China and Russia reached a number of important consensuses on pragmatic economic and trade cooperation, signed a series of pragmatic cooperation documents and achieved fruitful results.

With regard to the connection between the Belt and Road Initiative and the Eurasian Economic Union, the two sides signed the Joint Statement on Completing the Joint Feasibility Study of the Eurasian Economic Partnership Agreement, and will hold consultations on issues related to service trade, investment, e-commerce, economic and technological cooperation, small and medium-sized enterprises and trade in goods in the future negotiations of the Eurasian Economic Partnership Agreement. This will help to promote the establishment of a comprehensive, high-level trade and investment liberalization arrangement in Europe and Asia that will be open to other economies in the future.

In terms of trade and investment, the two sides signed the Memorandum of Understanding on Cooperation in the Field of E-commerce, and agreed to set up an e-commerce cooperation working group to strengthen cooperation in policies and regulations, information exchange, local cooperation, joint research and e-commerce platforms. It will create favorable conditions for the development of cross-border e-commerce trade between the two countries. In addition, the two sides also signed the Memorandum of Understanding on Strengthening Investment Cooperation, agreeing to promote the implementation of key investment cooperation projects and support small and medium-sized enterprises to strengthen investment cooperation.

In terms of strategic large-scale projects, the two sides signed seven documents on four projects in the nuclear field, and decided to cooperate on major projects such as demonstration fast reactors. This is by far the largest cooperation project in the nuclear field between the two countries, which will strongly promote bilateral trade and industrial cooperation. In the space field, the two sides signed the Memorandum of Understanding on Cooperation in the Field of Moon and Deep Space Exploration. In the field of transportation, the two sides signed an intergovernmental agreement on international road transport, which will further promote the facilitation of international road transport.

Generally speaking, the economic and trade achievements reached during the meeting between the heads of state of China and Russia are fruitful, which fully reflects the close economic and trade relations between the two countries and lays a solid foundation for the level of economic and trade cooperation between the two countries to reach a new level in the new era. Thank you.

【Economic information daily reporter】 At the beginning of June, the the State Council executive meeting decided to substantially reduce the tariffs on imported goods, including washing machines and refrigerators. I would like to ask the Ministry of Commerce, this year is 40 years of reform and opening up. What will be the next step in increasing exports?

【peakWhile actively expanding imports, we will also strive to promote exports, promote superior import and export of foreign trade, and achieve balanced development.

As we all know, export has been an important driving force of the national economy for 40 years since the reform and opening up, and it is known as one of the "Troika" and plays an irreplaceable role in China’s economic development and industrial upgrading. Since 2009, China has become the world’s largest exporter of goods.

In the new era, China’s economy has entered a stage of high-quality development, and exports are also facing the problem of high-quality development. In the next step, China’s export development will not simply pursue scale and speed, but pay more attention to quality and efficiency. In terms of endogenous motivation, we will focus on cultivating new advantages in export competition, no longer at the expense of resources and environment, nor simply relying on low-cost human resources, but highlighting new core competitiveness such as technology, brand and service. In terms of export market, we will continue to promote market diversification, increase the development of emerging markets, and meet the diversified needs of different markets.

In short, we will strive to promote the transformation of China’s exports from scale and speed to quality and efficiency, and continue to play a role in promoting the high-quality development of the national economy. Thank you.

【Shanghai securities news reporterLast Friday, the customs released the import and export data for May, which showed that the trade surplus of goods in the first five months reached 99.67 billion US dollars, and the data released earlier by the Ministry of Commerce showed that the deficit of service trade in the first four months had reached 88.24 billion US dollars. Therefore, some analysts say that the deficit of service trade may exceed the surplus of goods trade from January to May, and the deficit of service trade in the whole year may exceed $300 billion. May I ask the spokesman, what do you think of the expanding trend of the current service trade deficit? What specific measures will the Ministry of Commerce take to promote the development of service trade?

【peakThe trade situation is closely related to a country’s industrial development level and market demand. At present, the development of China’s service trade conforms to the universal law of international economic and trade development, and also reflects the level and stage of China’s economic development.

From the international experience, it is a universal law that there is a service trade deficit in the process of transformation of manufacturing powers. I have a set of figures here: since statistics were available in 1980, the service trade between Japan and Germany has been in deficit for 36 consecutive years. In 1999, Germany’s service trade deficit reached a peak of $60 billion, accounting for 27% of that year’s service trade. In 1990, Japan’s service trade deficit accounted for 34% of service trade. It is predicted that in the next few years, China’s service trade deficit will still expand, and it may develop to a certain extent before it gradually narrows.

Domestically, the service trade deficit is the result of the dual needs of China’s industrial transformation and upgrading and residents’ consumption upgrading. As China’s economy enters the stage of high-quality development, the demand for high-quality service trade products is also increasing. For example, in certain industries such as intellectual property, the demand is increasing rapidly, and the trade deficit is also expanding. On the one hand, it shows that China’s market potential is huge; on the other hand, it should be noted that the overall competitiveness of China’s service industry is still far behind that of developed countries.

In the next step, we will take promoting the healthy development of service trade as an important part of building a trade power, better promote the overall development of the national economy in the new era, and meet consumers’ demand for high-quality services.

First, actively promote pilot demonstrations from point to area. On the basis of summing up the pilot experience, we will promote the relevant experience to the whole country as soon as possible. The second is to cultivate new formats and models and accelerate the digitalization of service trade. Third, build the national brand of "China Service" and cultivate China’s own comprehensive service providers. We hope that through efforts, China’s service trade will be upgraded in scale, its structure will be continuously optimized, and its competitiveness will be continuously enhanced, thus forming a new competitive advantage of China’s open economy in the new era. Thank you.

【China news service reporterWe noticed that China’s foreign trade continued to grow at a high level in May. Some analysts believe that the effect of export preemption before the United States imposed tariffs on China was obvious. What do you think of this issue?

【peakIn the first five months of this year, China’s foreign trade continued to maintain a stable and positive trend and achieved steady and rapid development, which was the result of the joint action of many factors. First, the demand in the international market is picking up. Since the beginning of this year, the international economy has continued on the track of recovery. According to the forecast of the World Trade Organization, the growth of global trade volume will reach 4.4% in 2018, exceeding the growth rate of the global economy for two consecutive years. Secondly, the core competitiveness of China’s foreign trade is constantly increasing. Despite the pressure of rising factor costs, the transfer of some industries and the competition from other economies, China’s foreign trade is still actively transformed and upgraded under the impetus of the market, and its competitiveness is constantly improved in many aspects such as product quality, grade, brand and service. Third, the rapid growth of imports has also driven the overall growth of foreign trade. With the release of consumption potential in the domestic market and the rising prices of some commodities, China’s imports increased by 12.6% in the first five months of this year, driving the growth of overall foreign trade.

As for the phenomenon of grabbing exports due to your concern about changes in the trade environment, according to our understanding, there are such cases, and some enterprises have increased the number of short orders to avoid risks. But this is not the mainstream and will not affect the steady and healthy development of China’s foreign trade. We will continue to work hard to create a trade environment conducive to transformation and high-quality development for enterprises. Thank you. Here’s the last question.

【Macao Australia Asia TV reporterForeign media reported that the French Prime Minister will visit China at the end of the month. Would you please tell us about the current economic and trade situation between China and France? I’d also like to ask you to introduce the consultation plan on WTO reform submitted by France to China. How will China and France jointly speak out against trade protectionism?

【peakWith regard to Sino-French economic and trade cooperation, since the establishment of diplomatic relations between China and France, bilateral economic and trade cooperation has developed steadily. In March 2014, the Chairman of the Supreme Leader paid a successful state visit to France, which ushered in a new era of close and lasting comprehensive strategic partnership between the two countries. Bilateral economic and trade relations accelerated in an all-round way and gradually formed an all-round, wide-ranging and multi-level cooperation pattern. At present, France is China’s fourth largest trading partner, the fourth largest source of actual investment, the third largest investment destination and the second largest technology importer in the EU. China is the largest trading partner of France in Asia. In 2017, the bilateral trade volume between China and France reached US$ 54.46 billion, up 15.4% year-on-year, of which China exported US$ 27.67 billion, up 12.1% year-on-year and imported US$ 26.79 billion, up 19.1% year-on-year. In the first four months of this year, the bilateral trade volume between China and France reached US$ 18.64 billion, up 22.5% year-on-year, of which China exported US$ 9.34 billion, up 16.9% year-on-year. China imported 9.3 billion US dollars, a year-on-year increase of 28.7%. The cooperation between the two sides in energy, aviation, pension, environmental protection, finance and other fields is increasingly close.

At present, China has not received the French consultation plan on the reform of the World Trade Organization. As an important member of the European Union, France has always actively supported free trade and opposed trade protectionism. China is willing to make joint efforts with France to safeguard the multilateral trading system, oppose trade protectionism and promote the sustained and healthy development of trade liberalization and economic globalization.

Today’s press conference is over, thank you.

　　There are 19 liquor stocks in A shares, with a total market value of over 1 trillion as of May 5 this year. Who would have thought that after 26 trading days, the market value of only four leading stocks has exceeded one trillion. Yesterday, the market value of Kweichow Moutai was 594.2 billion, once again exceeding the market value of China Life Insurance of 593 billion.

　　Yesterday, the growth rate of the wine-making sector slowed down, only rising by 0.4%, ranking fourth from the bottom in the industry sector, but the market value of its four leading stocks has exceeded one trillion. Beijing Youth Daily reporter noted that as of yesterday’s close, the market values of Kweichow Moutai, Wuliangye, Yanghe and LU ZHOU LAO JIAO CO.,LTD were 594.232 billion, 207.601 billion, 136.91 billion and 71.347 billion respectively, with a total market value of 1,010.09 billion, approaching the total market value of China Agricultural Bank of China of 1,026.2 billion yuan.

　　There are 19 liquor stocks in A shares, with a total market value of over 1 trillion as of May 5 this year. Who would have thought that after 26 trading days, the market value of only four leading stocks has exceeded one trillion. It is also known that the total output of A-share liquor companies in 2016 was 1,354,800 tons, accounting for 10% of the national output; The total revenue related to liquor of these 19 listed liquor enterprises was 120.2 billion, and the net profit was 36.455 billion, with an average liquor gross profit margin of 67.07% and an average net profit margin of 18.57%.

　　It is worth mentioning that the share price of Kweichow Moutai hit a new closing high yesterday, reaching 473.04 yuan, and its market value not only surpassed Sinopec, but also surpassed China Life again. Yesterday, the market value of China Life was 593 billion yuan. This is the second time that the market value of Kweichow Moutai has surpassed that of China Life Insurance. As early as April 18th this year, the intraday share price of Kweichow Moutai broke through 400 yuan and reached a record high. At the close, Maotai closed at 404.65 yuan, with a stock increase of 2.24%. Its market value reached 508.3 billion yuan, surpassing China Life Insurance, and its A shares ranked sixth. Based on the closing price on April 18th, the market value of China Life was 500.806 billion yuan, while that of Maotai was 508.320 billion yuan, surpassing that of China Life.

　　On June 10th, Sinopec, which refined hundreds of millions of tons of oil, was defeated by Maotai, which brewed tens of thousands of tons of wine. As of the close of the day, Kweichow Moutai, with a market value of 585.062 billion yuan, surpassed China Petrochemical’s A-share market value of 583.858 billion yuan, ranking sixth in the total A-share market value.

　　On the occasion of the second anniversary of the stock market crash in 2015, the market value of Maotai was only in the early 200 billion. Since then, it has started the "runaway" mode: in 2016, there were only three negative lines on the monthly line, and in 2017, the monthly line was all positive. In July 2016, the stock price broke through 300 yuan with a market value of 394.5 billion yuan; After a small finishing, Kweichow Moutai continued to move upwards, driving the wine-making sector to attack across the board. On April 20th this year, Kweichow Moutai’s share price rose to the top of 400 yuan in one fell swoop, becoming the highest-priced A-share stock, with a market value of about half of Guizhou’s GDP, surpassing Diageo, the world’s veteran champion of spirits, with a market value of 509.68 billion yuan, and becoming the world’s most valuable winery.

　　The market believes that the recent surge in the market value of Maotai is not unrelated to its large-scale operation of Maotai College. Maotai College, sponsored by Guizhou, China Maotai Distillery (Group) Co., Ltd., is a non-profit private college at the undergraduate level, which is positioned as an application-oriented college. The number of full-time students is tentatively set at 5,000, and the first five undergraduate majors are brewing engineering, grape and wine engineering, food quality and safety, resource recycling science and engineering and marketing.

　　Although Kweichow Moutai has hit record highs, brokers still give it a higher target price and rating. Pacific Securities’ neutral expectation gives Maotai 25 times PE, with a corresponding market value of 860 billion and a corresponding stock price of 685 yuan. TF Securities gave Maotai a 27-fold valuation in 2018 and raised its 12-month target price to 615 yuan; China Merchants Securities maintains its target price of 500 yuan according to 22 times PE in 2018 and continues to strongly recommend it; On the other hand, Shen Wanhongyuan slightly raised its profit forecast based on Maotai’s first quarterly report exceeding expectations, with a one-year target price of 520 yuan, which is 24 times the performance of the 2018 report.

　　Text/reporter Liu Shenliang

　　【Pacific auto network new car channel】 Leiling dual-engine version was officially launched today (October 29). There are four different configurations for the two engines, all of which are equipped with the power combination of 1.8L+ motor.The price range is 139,800-159,800 yuan.. Please see the following table for the specific price:

　　In terms of appearance, the dimensions of the body of the Leiling dual-engine version are 4630mm×1775mm×1485mm and the wheelbase is 2700mm respectively. According to the configuration list of exposure, the whole system of Rayling dual-engine edition comes standard with, LED and function. 16-inch tires, automatic headlights and keyless entry are the configurations of medium and high-end models. Except for the lowest model, all other models are equipped with skylights.

　　In terms of interior configuration, the new car is fully equipped with paddles, but other configurations, such as,, one-button lifting of the driver’s seat window, central control screen and Bluetooth, are the leading and deluxe versions. And the navigation system with G-Book is exclusive to the top luxury model.

　

　　In terms of safety configuration, the ralink dual-engine version is in place, and the whole system comes standard, and the front row, front side and head are also standard. Only the entry version of the two models do not have reversing images, and the other high-end cars have this configuration. The back row space of the Lei Ling hybrid version is the same as that of the regular version. However, due to the addition of batteries, the trunk depth of the Lei Ling hybrid version is shorter than that of the normal version, and the backrest of the rear seat cannot be placed.

　　The Lei Ling hybrid version is equipped with a hybrid system consisting of a 1.8L Atkinson gasoline engine and an electric motor, with an engine of 73kW(99PS) and a peak torque of 142Nm；. Matching 53kW(72Nm) and torque of 207Nm. The comprehensive maximum power of the hybrid system is 100kW(136PS), and the official comprehensive fuel consumption per 100 kilometers is 4.2L/100km.

● Edit summary

　　As a brother model, the two-engine version of Ralink is basically the same in space and performance as the two-engine version just listed yesterday. As the first model to be adopted at the same level, the strength of the Leiling dual-engine version is quite good. As for who to choose between Ralink and Corolla, it depends on your eyes.

　

● Competitive product analysis

　　Ralink Shuangqing is the first car in its class to introduce hybrid technology. The only competitors who are really equal are its own brother Corolla Shuangqing, which was listed the day before. As for who to choose between Ralink and Corolla, it depends on who you prefer. If you have difficulty choosing, draw lots. From a broader perspective, it seems that the subsidized product is one of the competing products of Leiling Shuangqing, but I think that Qin’s greatest competitiveness lies in the fact that it is convenient to obtain an iron brand in the city. There is a big difference between the two, and there is no direct competition. As for the non-hybrid vehicles with the same price, there are different opinions on power, configuration and fuel consumption, and technology. (Text: Pacific Auto Network Micco)

　

Whether you pay attention to the new energy automobile circle or not, you should have heard of Xiaomi automobile more or less. Last year, it was born, and with good product strength and traffic blessing, it quickly became a hot topic model. This year, Xiaomi’s second model will also come, and what kind of performance will it have?

According to the latest news, Xiaomi YU7 is positioned as a medium and large SUV, with an estimated price of 300,000-400,000, which is expected to be officially launched in June-July 2025. Moreover, the entry-level version of the new car is equipped with a large battery and a laser radar, and competitors point directly at mainstream models such as Tesla. Recently, following the announcement of the application information by the Ministry of Industry and Information Technology, the latest real car map about the car was exposed again.?

What are the highlights of Xiaomi YU7 real car?

Judging from the real car, Xiaomi YU7 still adopts the familiar Xiaomi family design language as a whole, and the bullet-shaped headlight groups on both sides of the enclosed grille have great visual effect and good recognition. In addition, the new car is also equipped with a large-size blackened air inlet, which further enhances the sporty atmosphere of the whole car with the triangular diversion grooves on both sides.

In detail, the upper part of the headlight group of Xiaomi YU7 adopts hollow design, which can better guide the airflow to the tail end of the front hood compartment for discharge, thus further optimizing aerodynamics and reducing wind resistance.

As for the body part, Xiaomi YU7 adopts the big-slip-back coupe style. The roof line is dynamic and smooth, and the front of the car looks very slender, giving people a body posture that is ready to go. In addition, the new car is also equipped with new-style wheels and yellow brake calipers. The side-looking camera at the front fender and the lidar on the roof are not absent, or it will be equipped with Xiaomi Pilot intelligent driving system.

In terms of body size, according to the known information at present, the length, width and height of rear-wheel drive models are 4999/1996/1608mm, and the length, width and height of four-wheel drive models are 4999/1996/1600 respectively, and the wheelbase is 3000mm, which can be said to be a whole circle larger than Tesla Model Y.

From the rear of the car, the penetrating taillight design of Xiaomi YU7 is basically the same as that of Xiaomi SU7, and it is expected to bring good visual effects after lighting. In addition, the top of the new car is also equipped with a small tail and a hollow spoiler, which is decorated with a large diffuser at the lower enclosure, and the sports atmosphere is full.

In terms of interior, combined with the latest spy photos and some previous details, Xiaomi YU7 will also continue the family-style design, but the details will also be adjusted. In addition to the three-position steering wheel that is the same as Xiaomi SU7, the new car will be replaced with a penetrating front-end display screen, which may take into account the display functions such as dashboard and navigation information, and with a large-size screen in central control, to create a stronger sense of science and technology.

Moreover, the central channel area of Xiaomi YU7 has also been adjusted, and it has become more concise without a row of physical buttons on Xiaomi SU7. In addition, practical designs such as wireless charging of mobile phones and cup holders are also preserved.?

What is the dynamic performance of Xiaomi YU7?

According to the latest application information, Xiaomi YU7 will provide a single-motor rear-drive version and a version. Among them, the maximum power of the single motor version is 235kW and the maximum speed is 240km/h, which is matched with the group; The maximum power of the front and rear motors of the dual-motor version is 220/288kW and the maximum speed is 253km/h, which matches the group, but the specific cruising range is not disclosed in the application information.

As far as the known information is concerned, the power performance of Xiaomi YU7 is still outstanding, and it is reported that its 100-kilometer acceleration will reach 3 seconds. Referring to the new Tesla Model Y, its high-performance version has a total motor power of 357kW and an official acceleration time of 3.7 seconds.?

Can Xiaomi YU7 be the next explosion?

In the past year, Xiaomi automobile had a splendid scenery. Although the first model Xiaomi SU7 was launched less than a year ago, the actual delivery reached 135,000 vehicles, far exceeding the original sales target of 70,000 vehicles. In December, the monthly sales volume reached 25,000+vehicles, which was particularly eye-catching among the new forces. With this "east wind", the arrival of Xiaomi YU7 is also optimistic by the industry.

Judging from the currently known product information, Xiaomi YU7, as the first SUV model of Xiaomi Automobile, should not be too low in terms of body size, dynamic performance and intelligent driving level. The official seems to be full of confidence in this new car. After Tesla’s official social media said "Rejuvenate Model Y, despite the contrast", Lei Jun also replied "Yes" on social media, which seems to be light and windy, but it is actually hidden.

In terms of selling price, it was expected to be around 300,000-400,000, but we guess there should be room for the actual selling price. After all, the starting price of Tesla Model Y is currently 249,900. In addition, according to the previous pricing law that SUVs of the same level will be higher than cars, the starting price of Xiaomi YU7 should be higher than that of Xiaomi SU7. At present, the starting price of Xiaomi SU7 is 215,900, so the starting price of Xiaomi YU7 is likely to be around 240,000. If more surprises are given on this basis, it is very likely to become the next explosion.

Conclusion:

On the whole, the comprehensive strength of Xiaomi YU7 is still worth looking forward to, and the arrival of the new car will further enrich the family product lineup, and it is also expected to make a greater breakthrough in sales. However, for Xiaomi Automobile, the biggest concern is the production capacity. I don’t know if it can complete its delivery target of 300,000 vehicles in 2025 with the commissioning of the second phase plant. What do you think of this? Let’s talk about it.

On December 19th, the official name of Laojunshan Eco-tourism Development Co., Ltd. in Henan Province was "Laojunshan Scenic Area", and the glorious course exhibition hall of Chairman Yang of Laojunshan Wenlv Group was grandly opened! "The article. As soon as this article came out, netizens questioned that "it is too high-profile for the scenic spot to build a glorious course exhibition hall for its boss". In this regard, a staff member surnamed Tan of the administrative office of the scenic spot responded to the cover journalist and said: "This incident is purely a staff error, misunderstood and released the wrong information. At present, the article has been deleted."

"Chairman Yang" is the chairman of the board of directors of Laojunshan Cultural Tourism Group Co., Ltd. in Henan Province. Netizens call him the boss of Laojunshan Scenic Area, and in March this year, he won the "Outstanding Henan People Model". In 2020, on the 13th anniversary of the establishment of the Group, Yang Zhisen was proud of the 700-fold growth rate of scenic spot income. Not long ago, during the 2021 annual assessment of all employees, the scenic spot added a compulsory subject recited by Tao Te Ching. This move was praised by Yang Zhisen, "fully affirming the assessment methods and contents".

Yang Zhisen won the title of "Outstanding Henan Model"

The scenic spot repairs the exhibition hall for the boss?

The company said that Xiaobian misunderstood the deleted article.

The Glorious Course Exhibition Hall of Chairman Yang of Laojunshan Wenlv Group was grandly opened! The screenshot of the article shows, "On the morning of December 19th, the exhibition hall of Chairman Yang’s glorious history of Laojunshan Wenlv Group was grandly opened at 10:00 a.m.", "All the staff entered the museum under the leadership of General Counsel Zhang Ji and saw Chairman Yang’s entrepreneurial history and development history", accompanied by photos visited by relevant leaders. At the scene, "President Yang delivered a speech, thanking the planners and producers for their hard work".

The cover journalist noticed that in the picture of the article, there are indeed "glorious history", "entrepreneurial life" and "a glimpse of the years" in the exhibition hall involving Yang Zhisen’s personal content. Related articles also revealed that the opening ceremony was attended by Gong Xiaoxiao, Chairman of Luanchuan County Federation of Literary and Art Circles, Yang Haibo, Vice Chairman of Luanchuan County Political Consultative Conference, Jin Qingxiu, Chairman of Luoyang Funiushan Cultural Tourism Development Co., Ltd., Liang Xiaobing and Daniel Wei, designers of the exhibition hall, all middle and high-level officials of Laojunshan Cultural Tourism Group, and party member cadres.

As soon as this article came out, it immediately caused netizens to question that "it is too high-profile for the scenic spot to build a personal exhibition hall for its boss."

In response to this matter, a staff member surnamed Tan of the Administrative Office of Laojunshan Scenic Area responded to the cover journalist and said: "This matter is purely a mistake in the work of WeChat WeChat official account Xiaobian, and it was misunderstood and released the wrong information." The staff explained, "The exhibition hall is not the personal exhibition hall of President Yang, but the exhibition room of the 15-year development history of Laojun Mountain Scenic Area. It is only 40 square meters in the office area of the scenic area, and there is no plaque, no listing and it is not open to the public. At present, the wrongly published article has been deleted. "

There are words "glorious course" and "entrepreneurial life" in the exhibition hall.

Donated over 30 million yuan.

This year, he won the "Outstanding Henan People Model"

On March 18th, Guan Hongde, Deputy Director of the United Front Work Department of Luanchuan County Committee and Party Secretary of the County Federation of Industry and Commerce, on behalf of the Henan Federation of Industry and Commerce and the Henan General Chamber of Commerce, presented Yang Zhisen, Chairman of the Board of Directors of Laojunshan Scenic Area, with the honorary card of "Outstanding Henan People".

According to local articles published from the media, Yang Zhisen has been "fully involved and personally involved" in scenic spot planning, project construction, marketing activity planning and scenic spot system formulation for more than ten years. "He has been awarded the honorary titles of Henan Model Worker, Luoyang Special Contribution Award and Luanchuan Tourism Hero".

According to the information released by Luanchuan County Culture, Radio, Film and Tourism Bureau in 2019, "Yang Zhisen, Chairman of the Board of Directors of Henan Laojunshan Wenlv Group Co., Ltd. and Secretary of the Party Branch of the scenic spot … He has repaid the society, arranged more than 1,350 poor villagers for employment and donated more than 30 million yuan to build bridges, roads and schools. Since 2013 alone, 100 poor college students have been funded every year, with a total funding of 1.45 million yuan. "

According to local media reports, in 2000, Luanchuan County decided to take Laojun Mountain as the leading tourism development in Luanchuan. Since then, Laojun Mountain Scenic Area has raised more than 28 million yuan. However, due to the imperfect mechanism, the operation of the scenic area was once in trouble, and its income was far from meeting the construction expenditure. Eventually, the capital chain was broken, resulting in the problems that the construction of tourism service facilities could not keep up and the scenic spot grade was low.

In 2007, Luanchuan county put forward the development strategy of "industry feeds back tourism". As a well-known entrepreneur in Luanchuan county, Yang Zhisen joined the team of industry feeding back tourism. In August 2007, Ruifeng Industry and Trade Co., Ltd. in Luanchuan County operated by Yang Zhisen signed a cooperation investment and development agreement with Laojunshan Forest Farm, and registered and established Laojunshan Eco-tourism Development Co., Ltd. in Henan Province to engage in the development, operation and management of Laojunshan Scenic Area.

Yang Zhisen’s honorary certificate of "Outstanding Henan People’s Model"

The boss said that the income increased by 700 times.

At the end of the year, employees are required to recite the Tao Te Ching.

"Thirteen years of development and construction, more than ten years of careful construction and more than 15 billion yuan of capital investment have made the construction of hardware facilities in Laojunshan basically in place." In August, 2020, the official platform of Laojun Mountain Scenic Area released "Speech by Yang Zhisen, Chairman of the Board of Directors, on the 13th anniversary of the establishment of Laojunshan Wenlv Group", saying that after 13 years of construction, Laojun Mountain Scenic Area has realized the reception capacity of more than 40,000 people, "truly showing the leading position of a new atmospheric scenic spot".

In this "speech", Yang Zhisen is proud of the "achievements" made by the scenic spot over the years. Yang Zhisen said that more than 10 years ago, the annual income of the scenic spot was less than 300,000 yuan, and by 2020, the income has reached more than 200 million yuan. He believes that "the growth rate of 700 times can be described as a 13-year-old naive teenager." According to media reports, in 2020, the scenic spot received 1.5 million tourists throughout the year, and its comprehensive income exceeded 300 million yuan.

The cover journalist found that in his daily work, Yang Zhisen paid special attention to the inheritance of "Laozi culture". In addition to leading a team to the Laozi Museum for investigation and study, he also asked the employees of the company to "learn and truly understand" the connotation of Laozi culture. These ideas have been "implemented" by Laojunshan Wenlv Group in the assessment of employees in scenic spots.

Since December, Laojunshan Wenlv Group has successively carried out the assessment and rating of all tour guides in the second half of 2021 and the assessment of all employees in 2021-reciting the Tao Te Ching, which became a compulsory subject for the first time, and the employees randomly selected chapters on the spot to recite. During the two assessments, Yang Zhisen went to the scene and delivered a speech, "fully affirming the assessment methods and contents".

At the beginning of November, Laojunshan Wenlv Group held a rectification work meeting.

Netizens listed five pits.

Said that I would never go to Laojun Mountain again in my life.

In 2018, some media visited Laojun Mountain Scenic Area in Luoyang and found that unlicensed tourist vehicles shuttled back and forth in the scenic area, public toilets were not cleaned, restaurants did not see business documents, and even tour guides clashed with passengers. Since then, some media have exposed that there is rubbish everywhere on the Jinding platform of the scenic spot because people gather to eat instant noodles, which has been vomited again by tourists and netizens: Is this consistent with the national 5A-level tourist scenic spot?

In January of this year, some netizens claimed to have traveled 1,000 kilometers to the Laojun Mountain scenic spot in Henan, and then vomited on social media, listing the "five pits" in the scenic spot, saying that "it will never come again in this life". These "pits" include: if it doesn’t snow, there is no sea of clouds, tickets and ropeways are extremely expensive, accommodation conditions on the top of the mountain are poor and there are few beds, and garbage can be seen everywhere in the scenic spot.

At the same time, some media have questioned the excessive marketing hype of Laojun Mountain Scenic Area, saying that in order to attract attention, the marketing hype is full of keywords such as "beauty", "Taoist", "ten thousand people" and "cliff". "It is understandable that the scenic spot carries out marketing promotion. However, it is really disgusting to speculate so frequently, so vulgar and so exaggerated. "

At the beginning of November this year, Laojunshan Wenlv Group held a meeting on rectification work, demanding centralized rectification of existing problems in scenic spots. Remediation items include: remediation of environmental sanitation along the scenic spot and environmental materials at various construction sites, delineation of business scope of scenic merchants, standardization of business behavior, unified identification and signs, standardization of traffic control and guidance in scenic spots, and continuous improvement of service quality.

(Reporter Liu Hu Zeng Ye)

　　At present, the real estate market is experiencing a series of positive changes. On the one hand, the interest rate and down payment ratio of the first home loan in many places have declined, and the decline in market sales has narrowed significantly; On the other hand, the financing environment of real estate enterprises continued to improve, and the decline in real estate development investment narrowed.

　　Further release demand

　　Releasing rigid and improved housing demand is a key measure to promote the healthy and sustainable development of real estate. Reducing the mortgage interest rate and the down payment ratio will help to further release market demand.

　　The data shows that in March this year, the interest rate of the first mainstream mortgage in Shell Baicheng averaged 4.02%, a slight decrease of 2 basis points from last month; The average interest rate of the second mainstream mortgage was 4.91%, which was the same as last month. From the perspective of interest rate reduction, the mortgage interest rates in third-and fourth-tier cities dropped the most year-on-year, with the first and second mortgage interest rates dropping by 140 basis points and 75 basis points respectively.

　　"As of the end of December 2022, the average interest rate of newly issued personal housing loans dropped by about 140 basis points compared with the end of last year. Except for a few hot cities, the lower limit of the down payment ratio policy in most cities has reached the national bottom line. " Pan Gongsheng, deputy governor of the People’s Bank of China, said that from the demand side, the implementation of differentiated housing credit policies and continuous guidance of the real interest rate and down payment ratio will better support the rigid and improved housing demand.

　　At the same time, the speed of bank lending has also increased. The data shows that the average lending period of Shell Baicheng Bank in March was 21 days, which was 7 days shorter than last month. "For banks, housing mortgage loans are still high-quality assets." Ceng Gang, director of the Shanghai Finance and Development Laboratory, said that the credit scale of commercial banks was relatively abundant in the first quarter, which also improved the lending speed to some extent.

　　"Driven by a series of policies, there have been some positive changes in the real estate market, mainly in the obvious narrowing of the decline in market sales." Fu Linghui, director of the National Statistics Department of the National Bureau of Statistics, said that in the first two months of this year, the sales area of commercial housing decreased by 3.6% year-on-year, and the decline narrowed by 20.7 percentage points.

　　Repair supply-side expectation

　　In addition to the demand side, there have also been many positive changes in the supply side. The data shows that the investment in real estate development in the first two months decreased by 5.7% year-on-year, which was 4.3 percentage points narrower than that in 2022. The funds in place of real estate development enterprises decreased by 15.2%, and the decline narrowed by 10.7 percentage points; The prosperity index of real estate development in February was 94.67, which was higher than that in January.

　　"At present, China’s economy is stabilizing and picking up, and it is expected to improve, which will help narrow the decline in real estate investment." Lou Feipeng, a researcher at China Postal Savings Bank, said that the financial management department has introduced a number of policies and measures to improve the financing of real estate enterprises, and the financing of credit, bonds and equity has been "three arrows in one go" to continuously alleviate the financial pressure of real estate enterprises.

　　Since last year, the financial management department has issued 16 policies and measures to support the stable and healthy development of the real estate market, and has continued to promote the refinement and implementation of the policies. At present, the financial management department is carrying out four actions of "asset activation", "debt continuation", "equity supplement" and "expected promotion" to fully implement the plan to improve the balance sheet of high-quality housing enterprises. At the same time, we will slow down the excessive risk aversion of financial institutions and guide them to provide normal financing. Data show that in January this year, real estate development loans increased by more than 370 billion yuan, an increase of 220 billion yuan year-on-year.

　　In addition to improving the financing environment, the credit risk of the real estate industry has also converged. "We believe that in the past, the risk spread trend of housing enterprises has been curbed and the liquidity of housing enterprises has been significantly improved." Hu Gang, vice president of CITIC Bank, said. The 2022 annual report recently released by CITIC Bank shows that by the end of December 2022, the asset quality of the bank’s real estate industry and construction industry continued to show an improvement trend, and the balance of non-performing loans in the two industries decreased by 1.789 billion yuan and 1.251 billion yuan respectively compared with the end of last year.

　　"Although the financing environment has improved, the willingness of housing enterprises, especially private housing enterprises, to start new construction is still insufficient." Wen Bin, chief economist of China Minsheng Bank, said that it is expected that the growth rate of real estate development investment will still fluctuate in the process of recovery. Lou Feipeng believes that the main reason for this phenomenon is that the expectations of housing enterprises are still poor, so it is necessary to comprehensively stabilize and improve expectations.

　　Increasing confidence remains the key.

　　In February this year, the sales price of new commercial housing in first-tier cities rose by 0.2% month-on-month, the same as last month; The sales price of second-hand houses rose by 0.7% month-on-month, with an increase of 0.3 percentage points over the previous month.

　　"At present, the rebound of the second-hand housing market and the market heat are slightly higher than those of the new housing market." Wen Bin said that on the whole, the sustainability of the market recovery remains to be seen.

　　"The uncertainty of second-hand housing is low, and its demand depends on the expectations of buyers and rigid demand. In contrast, there is uncertainty in new houses, and the failure to deliver some houses on time has affected the willingness of buyers. " Ceng Gang said.

　　Luo Yifei, chief statistician of the Investment Department of the National Bureau of Statistics, said that it is necessary to continuously release the rigidity of the real estate market and the demand for improved housing, promote the construction of the "Baojiaolou" project, and gradually boost market confidence. "Last year, ‘ Baojiaolou ’ Policies have played an important role in ensuring people’s livelihood. " Fu Linghui said. At present, the regulatory authorities have launched a special loan of 350 billion yuan for Baojiaolou, set up a loan support plan of 200 billion yuan for Baojiaolou and a loan support plan of 100 billion yuan for rental housing, and guided financial institutions to promote industry restructuring and mergers and acquisitions to speed up the marketization of risks.

　　"The most important thing now is to look at the changes in market confidence and demand side, mainly the changes in first-hand housing sales." Hu Wei said. The sale of first-hand houses means that housing enterprises sell new houses directly to individual customers. Its warming means that the funds of housing enterprises are returning to the good, which helps to alleviate the financial pressure of housing enterprises and resolve risks. "In real estate transactions, although the situation varies from place to place, on the whole, the transaction volume of first-hand houses is large, and the recovery of sales represents a rebound in demand, which has certain guiding significance for the judgment of the real estate market trend." Yan Feipeng said.

　　"The recent RRR cut implemented by the central bank can increase the medium and long-term loanable funds, which will help enhance the enthusiasm of financial institutions to support the financing of housing enterprises and meet the reasonable financing needs of housing enterprises." Wen Bin said that the RRR cut will release low-cost funds and help support rigid and improved housing demand through differentiated loan interest rates.

　　"At present, it is necessary to further stabilize the income growth expectations of residents." Ceng Gang said that for residents, mortgage is a long-term debt, and their willingness to spend and ability to pay debts depend on their stable employment and income growth. Therefore, it is necessary to increase the income of urban and rural residents through multiple channels and maintain the overall stability of the price situation.

The appearance of Tank 300 not only enhances the strength of independent automobile brands in the hard-core off-road field, but also promotes the progress of domestic automobile modification culture to a certain extent. There are as many as four "officially modified" models. Today, let’s take a look at what’s special about these four cars.

The first paragraph, tank 300 tank ranger

Guide price: 253,800 yuan

Co-brand: Yunliang Off-road

This is the first official customized model of the tank 300 in the true sense. It was built by the domestic modified brand Yunliang off-road, and the first batch of models were launched in August 2021. In appearance, the design elements of the tank 300 are largely retained, but the front and rear metal stamping bars and metal side bars are replaced, so that the protection of the car body is more in place, and a winch for rescue or extrication is added to the front bar. Tires and wheels have been replaced with off-road models, and nitrogen shock absorption has been replaced, which can cope with extreme road conditions more calmly. The A-pillar of the vehicle is equipped with a wading throat, and the wading depth can reach 900 mm. The second batch of models that are being booked have also added a trailer power inlet, a trailer square opening and an air conditioning entity button, which further improves the practicality.

(2021 Tank Ranger)

In the interior of the car, Tank Ranger also retains most of the design elements of Tank 300, but its performance in comfort configuration is relatively common. Steering wheel heating and Yanfei Lishi audio are not equipped with these two ordinary high-profile models. In addition, the seat is made of imitation leather, and the front seat has only heating and no ventilation function. It seems that the name of tank ranger is unreasonable, and he is a veritable "rough man".

(2021 tank ranger interior)

The second paragraph, the tank 300 wind forest fighters

Guide price: 270,800 yuan

Co-brand: Top Fire

Compared with the tank ranger, the change of Fenglin Iron Rider is bolder. In the front face, the middle net is changed to a simple double rectangular style, and the grille is denser than before, which can better block the impact of flying stones on the condenser. The air inlet is added to the hood, which makes the visual impact stronger. There is no wading throat at the A-pillar position, which will affect the wading height of the vehicle, but the overall feeling is stronger. The front bumper, side bumper and rear bumper of the vehicle have all been changed. After all, this is one of the most attractive places for a hard-core off-road vehicle. It is worth mentioning that this car is equipped with 285/70 R17 wide tires, the tires are basically flush with the wheel cover, and the visual effect is excellent. Such a hard-core tire configuration, of course, requires better suspension shock absorption, and Fenglin Tieqi is also equipped with nitrogen shock absorption and other configurations to improve the passability of vehicles. In addition, the roof is equipped with a luggage rack platform decorated with the words "TOP FIRE", which shows the identity and has strong practicability.

The interior hasn’t changed much, but the higher price compared with tank ranger gives it enough cost space to upgrade in comfort configuration. Steering wheel heating and front seat heating and ventilation are arranged, and the seats are made of leather, which makes the touch more comfortable. This car is also equipped with a PM2.5 filter in the car, as well as the addition of Yanfei Lishi audio and 64-color ambient lights, so that you can be very comfortable in the off-road process. It is also a practical function for camping enthusiasts to bring their own 220V power supply. The first batch of Fenglin fighters gained a good reputation, which also made people look forward to the improvement of the second batch of Fenglin fighters.

Paragraph 3, Tank 300 Border Limited Edition

Guide price: 280,000 yuan

With the cooperation experience with famous domestic off-road refitting brands, Great Wall Motor has also started to upgrade its original factory. This border limited edition model is a typical example, which basically combines the advantages of Tank Ranger and Fenglin Iron Rider. In terms of appearance, the front of this car abandoned the traditional TANK LOGO and replaced it with the simple English letter "Tank". At the same time, the middle net was changed to a black honeycomb style, and the sports atmosphere was improved. The front bumper has been upgraded to a competitive bumper, and the rear bumper has also been optimized. Its approach angle has reached 36 degrees, while its departure angle is 37 degrees, which is the largest among the official models of the 300 series of tanks at present. The front bumper is also equipped with a winch, the wading throat is also equipped, and the roof is equipped with an expandable roof platform, which is more comprehensive.

The interior part of the car basically maintains the configuration of the original high-profile model of the tank 300. Compared with the Fenglin Iron Rider, the front multi-storey sound insulation glass is added, which further improves the sound insulation effect of the vehicle. As an official-reformed vehicle independently developed by Great Wall Motor, the price of the limited edition of Tank 300 Border came to 280,000 yuan. It seems that Great Wall Motor is still quite emboldened. Do you think this price is worth it?

The fourth paragraph, tanks 300 cyber tanks

Guide price: 308,000 yuan

Co-brand: Chaojing

This is the only model of Tank 300 that has been modified to the urban SUV style. If the previous model is regarded as a competing product of herdsman, then this Cybertank is a competing product of Mercedes-Benz G. Although the prices of the two are very different, the styles are relatively close. The appearance of tough sports with gorgeous interior will bring about a turning back rate that is basically no less than that of a supercar. This cyber tank basically only retains the powertrain and chassis of the basic model, and the rest of it has undergone drastic changes. In the net, the penetrating headlights are added, and the car paint with matte gray is matched, so the overall look has a strong sense of science and technology. The wheel eyebrows are changed to the same color as the car body, and the integrity is better. The roof and rearview mirror are decorated with bright colors to enhance the sense of fashion. There is a big bump in the center of the hood to enhance the visual impact. The spare tire is no longer hung at the rear part of the car. Instead, it is a square suitcase with a larger spoiler at the top, but it is mainly used for decoration. Tyre size is 275/45 R21, with a relatively high face value, but it basically does not have off-road ability. Even if it crosses the speed bump or bumps, it is necessary to close the throttle, otherwise it will easily cause tire bulging.

The biggest change in the interior is the use of pure white color matching. The seats, center console and door panels are mainly white, followed by a large number of chrome-plated decorative pieces. The visual effect is excellent, but it is really not resistant to dirt. The stitching of leather seats is exquisite, and the sense of luxury is in place. According to legend, this is the most expensive model in the customized version of tank 300. Can you accept the price increase of such a model with a main face value?

These are the four special models of Tank 300 on sale. Although the price is much higher than that of the ordinary model, these models are equipped with hard-core configurations such as front and rear axle differential lock and part-time 4wd, which can meet the individual needs of different consumers. If the budget is enough, which one would you choose? In addition, this successful model of tank 300 is likely to continue to other models such as tank 500. Do you expect it? (Text/Youshi Automobile Control Wind)

Note: the pictures are from the internet, and the rights belong to the original author. Thank you! This article only represents the author’s personal views, and does not represent the position of AUV.

　　　　　　 Cctv newsRecently, the staff of Dalongtan Golden Monkey Field Research Base in Shennongjia, Hubei Province tracked and monitored the monkeys and found that a female monkey in the golden monkey population, a national first-class protected animal, successfully gave birth to the first golden monkey baby in the base this year.

　　　　　　 According to the relevant person in charge of the Dalongtan Golden Monkey Field Research Base, golden monkeys give birth from the beginning of March to the end of May every year, and females are generally pregnant from August to October in the first year, and the pregnancy period is nearly 200 days. Every female monkey usually gives birth once every two years, and it takes a year for the female monkey to feed the little golden silk monkey. In order to ensure that the mother monkey recovers as soon as possible and secretes enough milk to feed the baby monkey, the base adjusts the food supply type for the mother monkey, and sends special personnel to observe and monitor the mother monkey and the baby monkey around the clock.

　　　　　　 According to the statistics of the base, the population of golden monkey in Shennongjia has increased from 8 in 2005 to 10, and the number has increased from more than 1,280 to more than 1,470, and the habitat area has increased from 210 square kilometers to 354 square kilometers.

The richness of the configuration is closely linked to the cost performance of a car, and many people have mentioned it. Let’s take a look at it next.

Let’s take a look at the appearance of Hyun Jie. The whole front of Hyun Jie looks very solid and sporty. Coupled with the headlights of fashion sports, the overall look has a certain sense of hierarchy. The car is equipped with LED daytime running lights, delayed shutdown and so on. Coming to the side of the car body, the size of the car body is 4420 mm * 1831 mm * 1653 mm. The car adopts dynamic lines, and the side wall presents a simple and fashionable design style. With large-sized thick-walled tires, it looks full of sports. In the design of the rear of the car, the rear and the front of the car echo each other from a distance, and the taillights look very spiritual. Overall, they are quite fierce.

Sitting in the car, the interior adopts elegant design, and the visual effect is quite unique. The steering wheel of the car is very hard-core and made of imitation leather, which gives people an impulse to control it. From the central control point of view, with the 10.25-inch touch-sensitive LCD central control panel, the interior style is impressive and looks sharp. Finally, let’s take a look at the dashboard and seats. The dashboard design is remarkable and the display effect is excellent. The car adopts imitation leather seats, which are wide and thick and comfortable.

Hyun Jie is matched with CVT gearbox, with the maximum power of 85KW and the maximum torque of 143N.m, and the power performance is good.

Equipped with rear wiper, traction control (ASR/TCS, etc.), support for CarLife, Bluetooth /WIFI connection, sun visor mirror and other configurations, it has rich functions and greatly improves its convenience.

OK！ Next, let’s sum up. The model class introduced today is the most considered class when many people buy their first car, mainly because the size of this class is moderate and the price is reasonable.

China Consumer News Beijing News(Reporter)Wu bofeng) On September 5th, under the guidance of insurance association of china, with the support of China Automotive Technology Research Institute Co., Ltd. and China Automotive Engineering Research Institute Co., Ltd., China Automotive Technology Research and Test Center (Beijing) Co., Ltd. evaluated eight models according to the regulations of China Insurance Automobile Safety Index 2023.

It is reported that this is the first release of the evaluation results of China Insurance Automobile Safety Index in 2024, involving eight models, including Ideal MEGA, BMW i5, Ai ‘an Haobo HT, Xiaomi SU7, Toyota Corolla Ruifang, Extreme Krypton 007, Ideal L6 and Jianghuai Ruifeng RF8. Specifically, the number of SUVs and cars is three, and the other two are MPV models, of which six are new energy vehicles.

The evaluation results show that the sub-indexes of crashworthiness and maintenance economy are good (A) for six models and average (M) for two models. Among them, in terms of structural crashworthiness score, BMW i5 got excellent evaluation, and the evaluation result was zero defect; In terms of maintainability score, one model received excellent evaluation, and three models, such as Xiaomi SU7 and Toyota Corolla Ruifang, received good evaluation; In terms of collision compatibility, four models, such as Ideal MEGA and JAC Ruifeng RF8, received excellent evaluation.

In the sub-index of occupant safety, the evaluation results of seven models are excellent (G) and above, and five of them are excellent +(G+). In the driver’s side 25% offset collision condition, the proportion of vehicles with excellent evaluation is 100%; In the passenger side 25% offset collision condition, seven models, such as Xiaomi SU7 and BMW i5, received excellent evaluation, and the evaluation results were all zero defects. In the frontal 50% offset collision condition, there are 7 models with excellent evaluation, of which 4 models have zero defects; In the case of side impact, there are 7 models with excellent evaluation, and the evaluation results of 6 models are zero defects; In the roof strength condition, the proportion of vehicles with excellent evaluation is 100%; In the seat/headrest working condition, the proportion of vehicles with excellent evaluation is 100%.

In addition, the safety sub-index of drivers and pedestrians, the evaluation results of eight models are excellent (G) and above, among which seven models get excellent +(G+).

Vehicle auxiliary safety sub-index, 8 models all got excellent (G) and above, among which 5 models got excellent +(G+). Among them, 7 models are equipped with AEB function as standard, with an equipment rate of 87.5%, and 7 models are equipped with emergency rescue service function, with an equipment rate of 87.5%.