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These three ＂downs＂ are very important for new energy vehicles to go to the countryside!

　　Buy a fuel car or a new energy car?

　　For rural residents, there will be more and more reasons to choose new energy vehicles.

　　Since the beginning of this year, the policy of new energy vehicles going to the countryside has been blowing frequently.

　　Document No.1 of the Central Committee issued at the beginning of the year pointed out that areas with conditions should be encouraged to develop new energy vehicles and green smart home appliances to the countryside.

　　The executive meeting of the State Council held on May 5th pointed out that the construction of charging infrastructure should be accelerated to better support new energy vehicles going to the countryside and rural revitalization.

　　Recently, the National Development and Reform Commission and the National Energy Administration issued"On accelerating the construction of charging infrastructure to better support new energy vehicles to the countryside and rural revitalization"Give advice ", including 11 specific measures.

　　Generally speaking, the new energy vehicle market in rural areas of China is still in its infancy, and the total ownership is relatively low. At present, there are still three obstacles for new energy vehicles to enter rural areas in China:Insufficient charging infrastructure construction, insufficient supply of economical and practical vehicles, and insufficient sales and service capabilities.. The implementation opinions issued this time are precisely to break these three barriers and further pave the way for new energy vehicles to go to the countryside.

　　It is very important for new energy vehicles to go to the countryside. Let’s start with the experiences of three owners of new energy vehicles.

　　Charging piles should go to the countryside.

　　"It’s so convenient to have a charging pile here!" Mr. Tan, a tourist from Gansu who plays in the town of Amei Qituo in Guizhou, said that he didn’t expect it to be so convenient to charge new energy vehicles in towns and villages. Up to now, 985 of the 1145 townships in Guizhou Province have built charging facilities, with a coverage rate of 86%, which greatly eased the "charging anxiety" of new energy vehicle owners such as Mr. Tan.

　　It can be seen that when new energy vehicles go to the countryside, charging piles must go first.

　　At present, China has built a charging infrastructure system with the largest number, the largest radiation area and the most complete service vehicles in the world, including 5.21 million charging piles. However, the shortage of charging facilities in rural areas is prominent, which has become a "blocking point" and "pain point" that restricts the purchase and use of new energy vehicles in rural areas.

　　How to solve this problem? The implementation opinions give ideas from three aspects: the construction, operation and maintenance mode of charging infrastructure. To sum up, it is "built by someone, managed by someone and sustainable".

　　"Someone built", in the construction link, the focus is on public charging facilities and community charging facilities.On the one hand, accelerate the realization of "full coverage of counties" and "full coverage of townships" for regional charging stations suitable for using new energy vehicles. Give priority to the allocation of public charging facilities in counties, township enterprises and institutions, commercial buildings, transportation hubs (stations), service areas (stations) along highways, and extend to centralized resettlement areas and key rural tourism villages.

　　At the same time, accelerate the transformation of the construction conditions of charging facilities in existing rural residential communities according to local conditions, implement the requirements for the construction of charging infrastructure in new residential communities, and continue to promote the sharing of charging infrastructure construction.

　　It is worth noting that the implementation opinions put forward the words "moderately ahead of charging infrastructure" and "moderately ahead" are very important. When planning the construction of charging infrastructure, the implementation opinions also emphasize that it is in the "area suitable for using new energy vehicles". This will help to avoid problems such as waste.

　　"Someone is in charge", in the operation link, the key point is to increase the support for the construction and operation of charging network.Use local government special bonds and other tools to support the construction of qualified charging and replacing infrastructure, carry out the construction and transformation of supporting power grids, and enhance the support and guarantee capacity of rural power grids. At the same time, encourage qualified places to introduce special support policies for the construction and operation of public charging infrastructure in rural areas.

　　"Sustainability", in the maintenance link, the focus is on improving the charging infrastructure operation and maintenance service experience.Improve the operation and maintenance system of charging facilities, and improve the availability and fault handling ability of facilities. In view of the outstanding contradiction between supply and demand of charging during returning home during holidays, we make full use of technical means to do pre-research and pre-judgment and service guarantee for the time sections where charging demand is concentrated.

　　At present, the construction of rural charging infrastructure is progressing steadily. It is understood that China Southern Power Grid plans to invest 1.2 billion yuan and build 14,000 new charging piles this year, and strive to achieve full coverage of township charging infrastructure in five southern provinces in June this year. Charging piles first will make the new energy vehicles in the countryside full of electricity.

　　The purchase cost should be reduced.

　　Wu Rong, a villager from Qingshui Street, Jiujiang District, Wuhu City, Anhui Province, bought a mini electric car. This car is not only affordable, but the entry-level price is less than 40 thousand yuan; And it is very convenient, and you can walk freely on the road of a residential area only two meters wide.

　　Consumers in rural areas are more sensitive to price, so it is very important to lower the price of cars and make them affordable.

　　The implementation opinion pointed out that in terms of product supply, considering that the travel scenes in rural areas are different from those in cities,Encourage enterprises to develop more economical, practical and marketable models according to the characteristics of consumers in rural areas., especially some commercial products such as micro-surface, micro-card and light truck.

　　In fact, many new energy automobile companies have been aiming at the rural market demand and customizing rural products. Xu Haidong, deputy chief engineer of China Automobile Association, introduced that from 2020 to 2022, China’s new energy vehicles went to the countryside to launch 18 stops in 10 provinces (cities), and released 6 batches of nearly 200 models.

　　In addition, the implementation opinion also proposes to improve the evaluation system of new energy used cars, strengthen the inspection and renovation of new energy used cars, and encourage enterprises to provide high-quality new energy used cars for rural markets.

　　Let the purchase cost drop, in addition to the price, the discount should also be raised. The implementation opinion pointed out that,To provide diversified purchase support policies. Including, encourage relevant automobile enterprises and places with conditions to give support such as consumer vouchers, provide trade-in incentives, and carry out activities such as giving charging coupons for car purchases. At the same time, increase credit support for automobile consumption in rural areas, and encourage financial institutions to reasonably determine the down payment ratio, loan interest rate and repayment period under the premise of legal compliance and controllable risks.

　　In fact, a series of preferential policies have been rolled out. In order to support the development of new energy automobile industry, the state has been implementing the vehicle purchase tax exemption policy for new energy vehicles since 2014. In September 2022, this policy was extended until the end of 2023. All localities have introduced various preferential measures in light of their own conditions. The industry has also lowered the threshold for car purchase through various subsidies and financial means.

　　In addition, since July 2020, the Ministry of Industry and Information Technology, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce and other departments have continuously carried out new energy vehicles to the countryside. The data shows that in the second half of 2020, 2021 and 2022, the sales of new energy vehicles to the countryside increased by 80%, 169% and 87% respectively. Within three years, more than 4.1 million vehicles have been sold to drive new energy to the countryside.

　　At present, Shaanxi, Yunnan and other places have started the activities of new energy vehicles going to the countryside in 2023. Among them, Shaanxi Province officially launched new energy vehicles to the countryside at the end of April, and will organize new energy vehicle enterprises to conduct online promotion, and encourage car enterprises to hold live broadcasts or online car purchases. At the same time, Xi’ an’s new energy vehicle purchase promotion activities for institutions, enterprises and parks were also launched, and the activities lasted from April to December.

　　The service network is sinking.

　　Mr. Yang, a villager in Tonglu County, Hangzhou, Zhejiang Province, bought a new energy vehicle, which had a good driving experience, but he was troubled by the imperfect network layout of the surrounding new energy vehicle 4S shop. "Although you don’t have to run the 4S shop frequently for maintenance, it is still very troublesome to meet minor faults."

　　Buying a car is a big event for rural families, and maintaining a car also requires a lot of expenses. With the new energy vehicles going to the countryside, the sales service network will also sink, in order to solve the worries of car owners.

　　The implementation opinions are clear. In terms of sales and services,Encourage new energy automobile enterprises to sink their sales and service networks., guide and accelerate the construction of joint business outlets and establish a supporting after-sales service system; Encourage higher vocational colleges to train new energy vehicle maintenance technicians for rural areas, and better combine promoting local employment with supporting new energy vehicle consumption to meet the growing demand for new energy vehicle maintenance.

　　At the same time, the implementation of opinions requires that in terms of safety supervision, the quality and safety level of new energy vehicles and batteries should be improved, the safety conditions of power supply and centralized charging places should be strictly matched, and hidden dangers of existing charging piles should be regularly investigated. Guide rural residents to install and use independent charging piles to improve the safety level of electricity consumption.

　　Doing a good job of charging piles to the countryside, reducing the purchase cost and sinking the service network will make the new energy vehicles go to the countryside more smoothly, which will drive the potential of the rural consumer market to be released, the quality of life of rural residents will be "by going up one flight of stairs" and the cause of rural revitalization will flourish.

　　Producer Li Zhe

　　Editor-in-Chief Wang Xingdong

　　Editor Xie Yujie

　　Proofread Zhang Tianyu.

　　Part of the content is integrated from Economic Daily, China Energy News, Tide News, etc.

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＂Hidden Corner＂ Qin Hao has a high degree of cooperation, and Qi Xi Zan Luhan is very practical

1905 movie network news　On September 28, the New Wave Boutique Short Drama Forum was held in Beijing. Dai Ying, vice president of iQIYI and general manager of the self-produced drama development center, Ma Lingshan, co-founder of Wuyuan Culture and co-producer of "Doom" and other works, Lu Dan, co-founder and producer of Haoji Films, and Qi Xi, the actor who starred in "Doom", gathered together to talk about the phenomenon of short dramas that attracted attention.

The forum was mainly divided into four units, discussing the rise and characteristics of short plays, the creation and performance of short plays, the marketing and profitability of short plays, and the impact and future of short plays. When talking about past success cases, Dai Ying revealed that, for example, the team cooperation was very successful, and Qin Hao’s cooperation was very high, creating many "stalks" that went out of the circle. Qi Xi also mentioned the feeling of cooperating with Lu Han, saying that the other party is also an actor who wants to play a good show.

Recently, a number of 12-episode short dramas have been launched on mainstream video websites, which has also set off a trend of short dramas within the industry and among audiences. Dai Ying said that since 2017’s "Undocumented Crime", the team has been exploring how to make short dramas work to the extreme. In her opinion, short dramas are products between movies and long dramas, which make plot creation more possible.

In the matching of short drama actors, there is a common phenomenon of strong actors matching new actors. Qi Xi worked with Lu Han in "Doom". She found that Lu Han was a very real person, and aside from all other distractions, he was an actor who wanted to go more down the road of actors and performances and constantly prove himself.

Ms. Ma added: In the first scene of Xiaolu’s appearance in the interrogation room, there was a lot of praise, saying that he performed a lot of layering. She also said that at the scene, Lu Han took a lot of pressure, and Mr. Wang Qianyuan and Qi Xi would also patiently lecture Xiaolu on the scene. According to the guidance of these professional actors, Lu Han will try to make the role more outstanding, and sometimes even burst into the energy of many senior actors.

The forum also discussed the issue of soft placement and mid-insertion of advertisements for short dramas. Lu Dan believes that the fermentation cycle of short drama marketing is too short, and the publicity and marketing invested in large quantities in the early stage will harvest very short benefits. Therefore, product placement has become the main profit channel for short dramas. Dai Ying also emphasizes that entertainment marketing is really important. A good marketing requires team cooperation to maximize communication and entertainment marketing, so as to gain recognition and recognition at the user level. For example, "Hidden Corner" initially only gained a good reputation in the industry, but it was only after the success of a large number of entertainment marketing that it achieved "breaking the circle".

Dai Ying analyzed the issue of the mid-insert advertisement of the short drama because the current short drama mainly focuses on the suspense type, so when the rhythm and emotion of the drama are interrupted by the mid-insert, it is easy to cause the audience’s disgust. Therefore, after the first episode of the drama was launched, the team immediately optimized the location after hearing the audience’s response.

Looking to the future, the guests also believed that short dramas would enrich the genre of domestic TV dramas in the market, and they also hoped that in the future, they could receive more recognition in the market and awards for this type of drama.

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Muons that challenge the standard model of particle physics are pushed back by the latest experimental results.

Yi Ge Xiao Xiao originated from Aofei Temple.Quantum bit | WeChat official account QbitAI

Once thought to be possible to "break the standard model"Muon, was pressed back by scientists.

After strictly reviewing the experimental data, the LHCb team from Europe admitted that there were problems in the previous analysis:

In fact, the results and the prediction of the standard model areconsistentYes.

You know, once this heavy discovery is confirmed, there may be a new theory that subverts the standard model, and even the whole particle physics system will be rewritten.

Now, however, this series of results has once again proved unreliable-

The key evidence of the so-called "muon abnormality" is due toA series of subtle errorsCaused.

Chris Parkes, a spokesman for the LHCb team and a physicist at the University of Manchester in the UK, explained:

In earlier measurements, scientists mistakenly identified some other particles as electrons.Although the Large Hadron Collider (LHC) can capture muons well, it will be more difficult for them to detect electrons.

This is not good news for many physicists who try to overthrow the existing theory.

But even so, they did not give up trying to explore new theories.

Was once considered to subvert the standard model.

Standard model, a physical model to explain quarks, electrons and other microscopic particles, is regarded as one of the most successful physical theories in history.

Since the Higgs boson was discovered 10 years ago, all the particles predicted by the standard model have been discovered.

According to the prediction of the standard model, different charged leptons-electrons, muons and τ-only have different masses, and other properties (such as charge and spin) should be exactly the same, which is called lepton taste universality (LFU).

However, the LHCb team has been trying to find anomalies to break the standard model. In the past few years, they have published many papers and put forward measurement results that may violate LFU.

For example, in a paper in 2021, the team studied the decay process of B meson about K meson based on LFU theory.

Originally, the probability of producing electrons and muons in this process should be equal, but the measurement found that the probability of producing muons was 85% of that of electrons, and the confidence reached three standard deviations (3σ).

Although it is not 5σ that can be used to claim important discoveries, it is surprising enough.

BUT, after a long review for one year, the LHCb team found that the experimental result isexist problemYes.

When re-examining the data related to the decay process of the B meson of the K meson, the LHCb team realized that this anomaly was caused by a series of subtle errors.

They made this result public at the seminar of CERN on December 20th, which also surprised many physicists.

Gino Isidori, a theoretical physicist at the University of Zurich, said that this result is really unexpected, because outliers really seem to mean "Particles that have never been seen beforeThe existence of ":

I regret this result, but it is still commendable for LHCb to "honestly" disclose this result.

Making muons and studying muons

In fact, it is already "frightening" for scientists.MuonThe routine operation.

But since it is still one of the best hopes to break the standard model, physicists do not intend to give up their research on it.

A new study recently published in the journal Nature shows that scientists are looking for a new way to measure the properties of muons, that is, to make a strong muon particle beam to reduce statistical errors.

Among them,Muon elementMuon even element (symbol Mu, muonium), also known as muon even element, is a strange atom with electrons rotating around positive muons, which is a very suitable model for studying muons.

It is not easy to produce a large number of muons, but scientists from the Paul Scheler Institute (PSI) in Switzerland and the Federal Institute of Technology in Zurich have successfully achieved this.

They used microwave and laser to detect the characteristics of muons formed on low-energy muon beams, and measured the transition between some very specific energy sub-levels in muons for the first time.

The team’s next goal is to weigh muons, that is, to further weigh muons with higher accuracy as the basis for calculating other experimental constants. The researchers said:

If the experiment goes well, we may improve the measurement accuracy by another 100 times.

In this series of measurements, new characteristics of muons may also be discovered, which may "challenge" the standard model again.

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From Cruiser to Aircraft Carrier： Exploring India’s ＂Super King＂ Aircraft Carrier

News tips

Not long ago, a "muscle show" of the Indian Navy attracted people’s attention: the newly purchased "Super King" aircraft carrier from Russia and its current "Vilat" aircraft carrier sailed in a two-carrier formation and held a 10-day joint military exercise.

It is reported that this is the first time since 1992 that India has demonstrated the formation of two aircraft carriers. After 10 years of transformation, the new aircraft carrier "Super King" has been called "combat multiplier" by the Indian media.

Then, what upgrades have been made to the "Chaori King", which was transformed from the "Kiev" class carrier cruiser? Please see the analysis of this article.

Two changes of owners, a change of name and a makeover.

In 1982, when "Baku" was born at the Nikolayev Shipyard in Ukraine, no one believed that it would become the "Super King" today.

Baku is the name of the capital of Azerbaijan. At the peak of the Cold War, the Soviet Union named the last of the four Kiev-class carrier cruisers after it. This is a ship type between an aircraft carrier and a heavy cruiser, and it is also regarded as the first quasi-aircraft carrier with fixed-wing aircraft developed by the Soviet Union.

After the disintegration of the Soviet Union, Baku, which had been in service for less than four years, ushered in the first turning point of its fate. The Russian Navy renamed it the aircraft carrier "Admiral gorshkov". However, due to the lack of funds and poor maintenance of the ship, after the boiler explosion in 1994, the ship was "seriously comatose" in the port for a long time until Russia decided to sell it to India 10 years later.

This surviving warship has become the only blood of the "Kiev" class. In order to give it a resounding name, India crowned it with the title of King Chaori in the heyday of Gupta dynasty in its history. Subsequently, another $2.3 billion was thrown out to upgrade it-this change is another 10 years.

Today’s "Chaori King" has not found the shadow of the "Kiev" class cruiser. The brand-new deck has enabled it to take off and land modern fixed-wing carrier aircraft, and the high-performance electronic equipment transformation has also enabled it to take a step of informationization. If there are no accidents, this "veteran" who has passed the age of 30 will soon rejoin the army-just, it is no longer the old look.

Moving tendons and bones, body reconstruction and layout change

"Admiral gorshkov" is called an aircraft carrier, but in fact it’s just a different name, and it doesn’t make much improvement on the "Kiev" class carrier cruiser. Strictly speaking, it’s not an aircraft carrier in the modern sense.

The bow of the ship has no sliding deck, but is full of weapons and equipment such as anti-ship missiles, air defense missiles and naval guns. There are also a lot of radar electronic equipment piled up on the bridge, and only the small side deck can take off and land helicopters or vertical takeoff and landing aircraft.

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Bank of Japan raises interest rates, what is the market impact？

The Bank of Japan is expected to temporarily maintain a loose monetary environment. If the long-term interest rate rises rapidly, it may increase the purchase amount of Japanese government bonds and purchase fixed-rate products. The Bank of Japan will continue to buy Japanese government bonds, and the scale is basically the same as before.

Reporter | Cai Yuekun

Figure source | Figure worm creativity

After 17 years, the Bank of Japan announced a rate hike for the first time.

On March 19th, 2024, the Bank of Japan announced that it would raise interest rates by 10 basis points and raise the benchmark interest rate from -0.1% to 0-0.1%, which is the first time that the Bank of Japan has raised interest rates since 2007. While raising interest rates, the Bank of Japan announced the cancellation of the yield curve control (YCC) policy, the cancellation of the purchase of exchange traded funds (ETFs) and the cancellation of the purchase of real estate investment trusts (REITs). The Bank of Japan is expected to temporarily maintain a loose monetary environment. If the long-term interest rate rises rapidly, it may increase the purchase amount of Japanese government bonds and purchase fixed-rate products. The Bank of Japan will continue to buy Japanese government bonds, and the scale is basically the same as before.

This move has aroused widespread concern in the international arena. Japan has ended the negative interest rate policy that lasted for eight years, and the era of global "negative interest rate" has ended. What impact will this bring to the market?

According to the analysis of China Merchants Securities, for global liquidity, the Bank of Japan’s contraction may have an impact on overseas bonds (especially US bonds). Since Japan implemented QQE (quantitative and qualitative financial easing policy) in 2013 and introduced negative interest rate and YCC policy in 2016, Japanese financial institutions have significantly reduced their holdings of overseas assets such as Japanese bonds and increased their allocation of US bonds in order to obtain higher yields. If these funds flowing out of Japan since 2013 return to Japan, or have a certain impact on overseas bonds such as US Treasury bonds and US credit bonds.

The era of global "negative interest rate" ended.

In the past few years, the Bank of Japan has been the only central bank in the world that has maintained negative interest rates. This interest rate hike marks the official end of the era of negative global interest rates.

Looking back at history, Denmark is the first country in the world to implement a negative interest rate policy. At that time, many European countries were in debt crisis. Faced with continued economic weakness, after the European Central Bank began to cut interest rates, the Danish central bank reduced its deposit interest rate to below zero in July 2012 to defend the Danish krona exchange rate.

In June 2014, the European Central Bank started the negative interest rate agenda in Europe, and the 10-year bond yield in the euro zone entered the negative interest rate range in 2016 and 2019. In June 2014, European Central Bank President Mario Draghi announced that the euro zone had entered the era of negative interest rates and cut the overnight deposit rate to -0.1%.

In February 2016, the Bank of Japan began to implement the negative interest rate policy. Since January 2019, global trade frictions and protectionism have impacted the global growth prospects, Japan’s economy is in a downturn, and the dovish measures of the Bank of Japan have jointly pushed the yield of Japan’s 10-year government bonds into a negative range and further declined.

Negative interest rate policy means that the central bank sets the policy interest rate to a negative value. In other words, when the central bank borrows money from commercial banks, it not only does not charge interest, but pays interest. Why do central banks use negative interest rates and what is the nature of negative interest rates?

Pan Xiangdong, New Era Securities, said that countries’ implementation of negative interest rate policies mainly takes into account two dimensions: on the one hand, global trade frictions have escalated, and economic growth has slowed down. At this moment, the inflation level is lower than the target level set by central banks, and even deflation has occurred in some areas. In order to stimulate domestic investment and consumption, banks in various countries have adopted negative interest rates to promote domestic economic recovery; On the other hand, negative interest rates will help stabilize the exchange rate, reduce the pressure of local currency appreciation, improve the trade balance, stimulate exports in the short term, and slow down the impact of overseas economies on the domestic economy.

Generally speaking, central banks around the world announce negative interest rates in order to stimulate commercial banks to increase loans and reduce loan interest rates, thus promoting investment and consumption of enterprises and consumers and promoting economic growth and inflation. However, the effect of Japan’s negative interest rate policy is not ideal.

According to the data of the Bank of Japan, from 2016 to 2020, the average growth rate of Japan’s real GDP (gross domestic product) was only 0.8%, far below the level of other developed countries. In the same period, Japan’s core CPI (Consumer Price Index, the data here excludes food and energy) increased by only 0.4% on average, which is far below the Bank of Japan’s target of 2%. Moreover, due to the COVID-19 epidemic, Japan’s real GDP dropped by 4.8% and its core CPI dropped by 0.2% in 2020, and Japan fell into deflation again.

On July 21, 2022, the European Central Bank announced that the three key interest rates would be raised by 50 basis points, and the deposit mechanism interest rate would be raised to 0%, which marked the end of the negative interest rate era in Europe in the past decade. Because McLean’s system linked to the euro usually follows the interest rate decision of the European Central Bank step by step, the Danish central bank also raises interest rates and bid farewell to the negative interest rate policy.

Behind the Bank of Japan’s Policy Turn

On March 19th, Bank of Japan Governor Ueda said at a news conference that he decided to adjust the monetary policy because the inflation rate of 2% was about to be realized, and the interest rate level would be determined according to the economic situation.

Ping An Securities believes that the Bank of Japan Governor’s speech pointed to the rise of inflation expectations, which promoted the policy shift. In addition, this round of inflation began with the increase of global commodity prices and the imported inflation brought about by the widening spread between Japan and the United States. At the same time, Japan’s domestic demand recovered after the epidemic, the labor market gradually strengthened, and inflation expectations gradually increased, which promoted the inflation level in the service sector.

According to the data of the Bank of Japan, as of March 19, 2024, the core CPI (excluding fresh food) that the Bank of Japan is concerned about has remained above the target level of 2% for 22 consecutive months.

In addition, in the labor market, the spring salary negotiation between Japanese enterprises and trade unions (also known as the "spring fight" in the market) has also attracted much attention. Ping An Securities pointed out that the wage increase of "Spring Fight" in Japan is obvious, which will help to continue the persistence of this round of reflation and promote the formation of a virtuous circle of salary and inflation.

On March 15th, Rengo, Japan’s largest trade union federation, announced the preliminary results of the "Spring Fight". The average wage increase of trade union members was 5.3%, the biggest increase since 1991, significantly higher than last year’s 3.8% and the market expectation of 4.5%-5.0%.

Ping An Securities said that this preliminary result only covers half of the trade union members, and mainly large enterprises. According to the experience of last year’s "Spring Fight", the wage increase of small enterprises is not as high as that of large enterprises, and the final "Spring Fight" result may be slightly lowered. For example, the preliminary result of "Spring Fight" in 2023 was 3.8%, and the final result was 3.6%. However, even if the final result of "Spring Fight" is lowered, it will still be higher than last year’s result, or it will prolong the persistence of this round of reflation and promote the formation of a virtuous circle of salary and inflation.

Bai Xue, an analyst at Oriental Jincheng Research and Development Department, said that the Bank of Japan raised interest rates for the first time since February 2007, mainly because Japan’s inflation rate has rebounded significantly since 2022, thus breaking the long-term dilemma of structural deflation-that is, Japan’s long-term implementation of negative interest rates.

Bai Xue believes that in the context of Japan’s strong economic trend, Japan’s CPI rose by 2.5% and 3.2% in 2022 and 2023 respectively. In January 2024, Japan’s CPI rose by 2.2% year-on-year, exceeding the central bank’s policy target of 2% for 22 consecutive months; Core CPI rose by 3.5% year-on-year, exceeding 3% for 14 consecutive months. In addition, the results of the salary "spring fight" negotiation in 2024 greatly exceeded expectations, and the salary increase in fiscal year 2024 will reach 5.28%, which is not only much higher than the 3.8% in 2023, but also the biggest increase since 1991-which means that Japan’s inflation will continue to remain above the policy target this year. Therefore, the expected realization of inflation level is the main reason to support the Bank of Japan to make major adjustments to monetary policy and withdraw from the negative interest rate policy.

What is the market influence geometry?

After the announcement of the interest rate decision on March 19, the Bank of Japan stated that it would continue to buy bonds. In the foreign exchange market, the yen weakened, and USD/JPY rose in a short period, approaching the 150 mark. Japanese stocks rose by 0.66% in the day, and the Nikkei 225 index broke through 40,000 points again.

Ping An Securities analyzed that the actual impact of the market will highly depend on how the Bank of Japan publicizes the "next step" of policy interest rates. The actual impact of a single interest rate hike is relatively limited, and the key lies in the market’s judgment on the subsequent interest rate hike path. If a faster and more continuous interest rate hike is expected, the market reaction may be strong, the yen may appreciate rapidly, and both stocks and bonds will be affected; If the Bank of Japan can convince investors that "zero interest rate" may last for a long time and the upward pace of policy interest rate is slow, the market reaction may be relatively limited, the yen may remain weak, and the stock and bond markets are expected to remain relatively stable.

Ping An Securities believes that after the zero interest rate, the Bank of Japan will be cautious about continuing to raise interest rates, and will actively communicate with the market to minimize the market fluctuations caused by the subsequent policy shift.

Regarding the impact on Japanese yen assets, Ping An Securities judged in the research report that, first of all, if the yen does not appreciate significantly, the impact on Japanese stocks will be limited. The relatively weak yen not only helps to consolidate the overseas business income of Japanese companies, but also helps overseas stock investors to control financing costs. It is expected that the yen exchange rate and Japanese stocks will still maintain a positive correlation. Secondly, in the face of high return on stock investment, the limited upward trend of Japanese deposit interest rate and bond interest rate may not be enough to make investors give up Japanese stocks. As of March 18, 2024, the Nikkei 225 index has increased by 18.8% during the year, and the annualized rate of return in the past decade has reached as high as 10.7%. Since the beginning of this year, the highest price-earnings ratio (PE) of the Nikkei 225 Index is 23.2 times (March 6). Assuming that the 10-year Japanese bond interest rate rises to 1%, the risk premium level of Japanese stocks (the difference between the reciprocal of the P/E ratio and the 10-year Japanese bond interest rate) is still as high as 3.3%, indicating that the price-performance ratio of Japanese stocks relative to Japanese bonds is still high.

What is the impact of Bank of Japan’s interest rate hike on A-share market? China Merchants Securities believes that, in theory, Japan’s interest rate hike will guide some funds to flow out of emerging markets that absorb more Japanese capital and return to Japan in the short term. For the A-share market, overseas investors may still prefer to choose A-shares because of the outstanding valuation cost performance ratio of the current A-share weight index and the marginal improvement of domestic economic fundamentals. At present, the adjusted Shanghai and Shenzhen 300 and CSI A50 have low valuations in the global mainstream index, high dividend yield and high safety margin of A-share weighting index. With the moderate recovery of the domestic economy and the policy shift of the Federal Reserve, foreign capital is expected to continue to flow back, thus boosting the growth style of the A-share market. For Hong Kong stocks, the hard link between the Hong Kong dollar and the US dollar, Japan’s interest rate hike and the appreciation of the Japanese yen against the Hong Kong dollar have a short-term or slight impact on Hong Kong stocks.

Original title: "Bank of Japan raises interest rates, what is the market impact geometry? 》

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Breaking through key core technologies and promoting the high-quality development of network information business

　　General Secretary of the Supreme Leader recently made important instructions on network security and informatization, emphasizing vigorously promoting the high-quality development of network information, and making new contributions to building a socialist modern country in an all-round way and promoting the great rejuvenation of the Chinese nation with new achievements in building a network power. Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has made great achievements in China’s network security and informatization. The comprehensive network management system has been basically completed, the network security guarantee capability has been continuously improved, and the key core technologies in the information field have been continuously broken through. The informatization drive has led to remarkable results in high-quality economic and social development. In 2022, China’s digital economy ranked second in the world, accounting for 41.5% of GDP, becoming an important engine for steady growth and transformation; The number of netizens is 1.067 billion and the online retail sales is 13.79 trillion yuan, ranking first in the world; The number of mobile Internet of Things end users reached 1.845 billion, making it the first country in the world’s major economies to achieve "superman"; Breakthroughs have been made in key core technologies in the fields of artificial intelligence, software and quantum information technology, and digital technology research and development capabilities are at the forefront of the world. General Secretary of the Supreme Leader pointed out many times that the key core technology is the heavy weapon of the country. The key core technology in the information field is the "life gate" of network security and informatization. If the key core technology is controlled by people, it will inevitably lose the initiative of development and weaken the security of development. It is very important for the high-quality development of network information business to persistently break through the key core technology.

　　Breaking through key core technologies is the inevitable path to promote the high-quality development of network information business.

　　Information work has an effect on every country and every field. At present, the new scientific and technological revolution and industrial transformation are evolving iteratively, and the new generation of information technologies such as big data, cloud computing, artificial intelligence and high-end chips are developing vigorously, which breeds many opportunities and challenges and will have a major impact on the world economic structure and competition pattern. Taking the road of independent innovation and breaking through the key core technologies in the information field is the key to ensure network security, and it is also the inevitable path to play a leading role in informatization.

　　Accelerate the intelligent transformation of industrial system. At the first meeting of the 20th Central Financial and Economic Committee, General Secretary of the Supreme Leader emphasized that the modern industrial system is the material and technological foundation of a modern country. As the meaning of the modern industrial system, intelligence can change the traditional production process and technology, enrich the production factor system, optimize the combination of production factors, create new production methods, and profoundly change the industrial operation law and industrial development form. Breaking through the key core technologies in the field of information technology will help the new generation of information technologies such as artificial intelligence and cloud computing to better empower all fields and links of agriculture, manufacturing, service industry and other industries, accelerate the intelligent transformation of industries, improve the efficiency of total factor production, focus on promoting the quality change, efficiency change and power change of modern industrial system, and consolidate the material and technological foundation of modernization.

　　Meet the people’s high-quality life needs. At present, the main contradiction in our society has been transformed into the contradiction between the people’s growing need for a better life and the unbalanced development. Meeting the people’s growing need for a better life is the starting point and the end result of the work. Breaking through the key core technologies in the information field can form new industries, new formats and new models, and meet people’s diversified and advanced life needs. At the same time, informatization has penetrated into all aspects of people’s lives, forming a visible and tangible digital life, and promoting the transformation of high-quality development achievements into high-quality life. For example, in 2022, China’s online retail sales accounted for 27.2% of social retail sales, which was 12 percentage points higher than that in 2017. Digital consumption is on the rise, the market radius is constantly expanding, and household consumption is more convenient.

　　Ensure the safety of economic and social development. Network security is related to national security. Without network security, there will be no stable economic and social operation. Only by breaking through key core technologies can we fundamentally guarantee network security, economic security and national security. Moreover, informatization is based on the rapid development of a new generation of information technology, which has both risks in traditional economic and social operations and risks with technical characteristics. In particular, Internet technology has broken through the time and space restrictions, making criminal acts such as privacy disclosure more hidden and seriously damaging the interests of the people. Breaking through the key core technologies in the information field is the key to ensure the legal network, network operation and internet access, which can build a national network security barrier and improve the modernization level of network governance system and governance capacity.

　　Break through key core technologies with independent innovation and promote the high-quality development of network information business

　　General Secretary of the Supreme Leader emphasized that the key core technologies should not come, can’t be bought and can’t be discussed. To achieve the breakthrough of core technologies in the information field, we must take the road of independent innovation, deeply implement the innovation-driven development strategy, strengthen overall planning and coordination, optimize resource allocation, build a good institutional framework, and form a strong innovation synergy.

　　Improve the new national system and accelerate the process of basic research. If the basic research is not done well, the applied technology is water without a source and a tree without a foundation. The premise of promoting the high-quality development of the network information business lies in a breakthrough in the basic research in the field of information technology. Focusing on basic, cutting-edge and subversive key core technology fields, facing the development trend of new generation information technology such as artificial intelligence, Internet of Things, big data and cloud computing, we need to give full play to the advantages of the socialist system, improve the new national system, organically combine the forces of government, market and society, and release the leading role of high-energy science and technology platforms such as national laboratories, universities, research institutes and head enterprises, so as to build national strategic scientific and technological strength and enhance the overall innovation efficiency of the country.

　　Build multiple application scenarios and strengthen the driving and leading role. The core technology competition is largely the competition of industrial system, and the international competition in the field of network information is the competition around information technology innovation and industrial system. It is necessary to build diversified application scenarios, improve the construction of digital infrastructure, strengthen the application and penetration of informatization in various industries and fields, accelerate the construction of digital government, improve service quality and improve the efficiency of economic and social operation. At the same time, pay full attention to the digital divide between regions, between urban and rural areas and between groups in the process of informatization, so as to promote the dividend brought by informatization-driven leadership to benefit every resident.

　　Deepen the reform of the scientific and technological system and optimize the environment for scientific and technological innovation. To promote the deep integration of industrial chain in innovation chain, and get through the whole cycle from original innovation, innovation incubation to industrialization, the key lies in deepening the reform of science and technology system, making innovation resources efficiently circulated and effectively allocated, and realizing the integration of all links of scientific and technological innovation. In particular, it is necessary to break down the barriers to the transformation of scientific and technological achievements, build a platform for the transformation of scientific and technological achievements, and establish and improve the system and mechanism for the transformation of scientific and technological achievements. At the same time, give play to the role of enterprises as the main force of innovation and entrepreneurship, optimize the business environment, and give enterprises fair competition opportunities. Encourage head enterprises to set up innovation consortia and innovation alliances, etc., to drive small and medium-sized enterprises to radiate and fully release the vitality of innovation.

　　Strengthen global scientific and technological cooperation and deepen global scientific and technological governance. Independent innovation is by no means an innovation behind closed doors, and it is impossible for a country to break through all links of key core technologies in the information field. Therefore, making good use of domestic and international markets and resources has an important spillover effect on independent innovation. We should actively build a global scientific and technological cooperation network, encourage universities, scientific research institutions and enterprises to set up R&D bases and incubation centers overseas, and attract internationally renowned scientific research institutions to jointly build innovative carriers. In this process, it is necessary to coordinate development and security, not only strengthen scientific and technological cooperation with other countries in the world, but also actively participate in global scientific and technological governance to prevent and resolve various risks in cooperation.

　　(Author: Xiao Wen, Pan Jiadong, two professors of School of Economics, Zhejiang University, and associate professors of Business Administration Teaching and Research Department of Party School of Zhejiang Provincial Committee)

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When the sense of history hits the technical stream, the costume drama becomes popular.

　　Yuyuan Zatan

　　With the rapid development of Internet technology, watching dramas online has become one of the main forms of "brushing videos", and film producers are increasingly inclined to shoot and produce online dramas. In recent years, China has set off a "network drama craze" — — Joy of Life’s "He Lai Hua Ting" and "Daming Fenghua" and other unique online dramas of ancient costumes were broadcasted on major video platforms at the end of the year; Fan Xian, Xiao Dingquan, who has not only grown up in adversity, and Sun Ruowei, who is dignified and beautiful, are vividly interpreting gripping stories on mobile phones, tablets and other terminal devices.

　　The costume online drama, as its name implies, is a costume drama series released on the online platform. Behind its maturity, richness and popularity, it is inseparable from the two key elements of "network" and "ancient costume".

　　As an artistic variety with a long history, the difference between online drama and screen TV drama is that it can be improvised by the audience at will, and it has the advantages of being fast and convenient, so it is deeply favored by young netizens. With the development of time, there are more and more phenomena of simultaneous broadcasting of online dramas and TV stations. In recent years, the phenomenon of "backstage first" has gradually appeared, and some dramas are broadcast on the network platform first, and then purchased and broadcast by the satellite TV platform.

　　Of course, in addition to being fast and convenient, the biggest advantage of online drama is its interactivity and technical flow. You can send a barrage of expression packs to let viewers express their views or feelings concisely while watching the drama; The AI facial recognition function allows the audience to get the player information of the role in the play with one click; The double-speed playback function allows the audience to quickly understand the development of the plot without "skipping"; The function of "only watching Ta" helps the audience to screen out the characters and plots they want to see … …

　　However, costume drama has always been an important part of domestic TV dramas. Compared with almost all modern American TV dramas, costume drama, which occupies at least half of the domestic dramas, is definitely unique in China.

　　Looking back at the creation of costume online dramas in recent years, representative works have appeared in the dramas depicting the four dynasties of Tang, Song, Ming and Qing: The Longest Day In Chang’an not only tells the wonderful story of "defending Chang ‘an", but also shows the prosperity and beauty of the prosperous Tang Dynasty; Based on the real characters and stories in history, Daming Fenghua depicts a period of ups and downs of Daming history; "Story of Yanxi Palace" recreates the life of the Qing Dynasty … … All these details make the audience appreciate the beauty of Chinese costumes, etiquette, language and calligraphy step by step, which fully shows the connotation of Chinese classical culture and invisibly enhances our cultural self-confidence. This can be confirmed by many Hanfu fans nowadays.

　　For a long time before, China’s film and television media have been in the stage of imitation, and there has been a lack of well-defined expression. Nowadays, excellent online dramas are unique in creation. The pursuit of truth, goodness and beauty and the high restoration of historical atmosphere have become the new direction of exploration of costume dramas, which is conducive to the audience to learn historical wisdom and enhance aesthetic cultivation.

　　There are many materials that can be used in China’s 5,000-year culture. The theme of ancient costume is still an important position in the creation of online drama. Respecting historical logic, reflecting historical features and carrying forward traditional culture must be the goal that creators consciously pursue.

　　In fact, whether it is costume drama, modern drama or modern drama, the creative logic should be settled in real life, as Chengxiang Zhong, chairman of the Chinese Literary Critics Association, said: "We should weave stories on the basis of respecting history and tell them well from the beginning of creation ‘ China story ’ The original intention is to create historical works with realistic spirit. "

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The rest of the life of an escaped corrupt official： living like a ＂prisoner＂ and ＂looking forward＂ to being caught.

　　CCTV News:Many people are deeply impressed by Ding Yizhen in this year’s anti-corruption hit drama in the name of people. The vice mayor who once had "infinite scenery" fled abroad but ended up washing dishes in a restaurant, even losing his life safety and personal freedom. In fact, "Ding Yizhen" is a true portrayal of most absconding officials. They used to live a life of "luxury and luxury", but after fleeing, they lived a life of "prisoners" in anonymity. Regret, anxiety, suffering, loneliness and despair … … This is the word that absconded officials say the most after being arrested.

　　Since the 18th National Congress of the Communist Party of China, China has achieved an important stage victory in the pursuit of memorial service. As of July 31, 2017, China has recovered 3,246 fugitives from more than 90 countries and regions through the "Skynet" operation, including 597 former state employees, and recovered 9.35 billion yuan of illegal money.

　　In order to avoid being chased, they have no fixed place and moved around.

　　In April 2015, Dai Xuemin, former deputy general manager of China Economic Development Trust and Investment Company and general manager of Shanghai Securities Business Department, was arrested and brought to justice. Fourteen years ago, Dai Xuemin fled the country on suspicion of taking advantage of his position to facilitate corruption and huge sums of money.

　　Dai Xuemin fled to Hong Kong first, and then arrived in the United States via South Korea after a short stay, hoping to immigrate to the United States and strive for more asylum for the flight. However, immigration officials have doubts about their true intentions, and the immigration application failed.

　　In August 2001, Dai Xuemin fled to Belize again, and arrived in the UK at the end of October of the same year. His wife and children subsequently arrived in the UK with Belize passports. During his stay in Britain, Dai Xuemin worked in securities companies and libraries to analyze and sort out materials, and after paying the rent, he could barely make ends meet. The poor life made his wife unbearable, so she finally chose to divorce Dai Xuemin and left England with her son. "In the first two years abroad, life was full of hardships and it was hard to say how sad it was." "In foreign countries, no matter where you go, you will always miss your parents, brothers, sisters, relatives and friends from time to time. There is no family connection, just like a broken kite floating around, there is no sense of returning home, and the feeling of loneliness and helplessness often occurs."

　　After absconding for 14 years, Dai Xuemin was arrested and brought to justice in Hefei, Anhui Province, becoming the first person arrested after the announcement of "100 Hongtong personnel". He said that he had a good idea of the arrival of this day. "I also have the dream of going back to China for the rest of my life, so I am determined to come back, no matter what the result is, I must come back."

　　On July 12, 2016, the Nanjing Intermediate People’s Court sentenced Dai Xuemin to 6 years in prison for embezzlement of public funds.

　　Chen Jincheng was interrogated at the detention center.

　　Chen Jincheng (deputy department level), former vice chairman and general manager of Coastal Railway Zhejiang Co., Ltd. and commander of Ningbo Hub Command of Shanghai Railway Bureau, also tried his best to escape. In April 2010, Chen Jincheng was put on file for investigation by Nanchang Railway Branch of Jiangxi Provincial Procuratorate for suspected bribery. On April 20th of the same year, Chen Jincheng fled.

　　Chen Jincheng has a certain anti-detection ability, and has carefully planned the escape route.

　　In the process of absconding, he threw away his mobile phone and cut off all contact with his family. Along the way, he only took the car without an ID card. As a result of dealing with construction enterprises for a long time, I know that the construction site is a weak link in supervision. Therefore, whenever I go to a place, Chen Jincheng always picks odd jobs on the construction site and changes places after a period of time, so I am very cautious.

　　This former deputy department-level cadre traveled between more than 10 cities in China, worked as a weaver, porter and mixer, tied steel bars, picked cement and dug foundations, earning tens of yuan to more than 100 yuan a day, living in a shed, eating lunch boxes and wearing old clothes that others didn’t want. "I lived in bridge opening at the worst, and I didn’t do my job well, so I was inevitably scolded and ordered around."

　　In 2015, after hiding in Tibet for five years, Chen Jincheng came to Wuhan from Jingmen, Hubei Province by bus and lived in his nephew’s house. He has a fixed task every day, that is, to go to the kindergarten near the community to pick up his granddaughter. On September 2, when he opened the door as usual, what he saw was the police handling the case at the door.

　　The moment he was caught, Chen Jincheng was not particularly alarmed. He said: I feel down to earth, and finally I don’t have to worry anymore!

　　On the run, they are either dead or injured.

　　In 2015, the central government launched the "Skynet" campaign to expose "100 Hongtong" personnel. Fu Yaobo, the former chief of the case trial section of the labor and social security supervision detachment in Benxi City, Liaoning Province, is one of the wanted members.

　　Fu Yaobo, a suspect of "100 Hongtong", was arrested and brought to justice.

　　In September 2014, Fu Yaobo fled abroad on suspicion of co-embezzling public funds of 19.3 million yuan. He suffered from high blood pressure, gastric ulcer and gallstones before fleeing. During his escape from Saint-Germain, Fu Yaobo often suffered from severe pain in his colon and dared not go to the hospital. He traveled to five countries in 13 days. On the way, he lived in an extremely shabby hotel, with no glass doors and windows, and the indoor temperature was above 35℃. He was ventilated only by a small ventilator, and he had a high fever for several days. After arriving at the destination, the first meal was a boiled carrot. The rented house has no screen window, so you have to endure a lot of mosquito bites when you open the window, and you can only wear long-sleeved underwear at 34°C to 35 C. Suffering from illness, he often cries secretly.

　　In February 2016, the police arrested the "100 Red Cross" No.39 suspect in the mountains on the outskirts of Kingston, the capital of Saint Vincent and the Grenadines. When the police knocked on the door, Fu Yaobo said, "During the 16 months of my flight, I suffered from fear, illness and homesickness every day. I often thought that such a day might as well go back to China to go to jail. I immediately expressed my willingness to go back to China for investigation."

　　Fu Yaobo, who was tortured, came back to China to go to jail. This is the best ending for corrupt people who fled overseas, because some people can only end up dead in other places.

　　Gu Zhenfang, a former cashier of Wujing Marine Department of Shanghai Maritime Safety Administration, took advantage of his position to embezzle more than 920,000 yuan of public funds. He fled to Thailand in October 2000 and was pursued by the judicial authorities for many years. Investigators learned through Skynet that Gu Zhenfang fled to Bangkok, Thailand, and married a Thai who was blind and disabled in his right eye. In 2006, faced with the dilemma of running out of savings and her husband losing his job, Gu Zhenfang decided to go out to work to earn money. Unexpectedly, on the first day of work, I was accidentally electrocuted while cleaning the dormitory in the enterprise.

　　Wang Zhenzhong, former deputy director of the Public Security Bureau of Fuzhou City, Fujian Province, fled the United States in May 2002 for accepting bribes and other issues. Mafia figures who had been blackmailed by Wang Zhenzhong in Fuzhou before entrusted the American Mafia to recover the blackmailed money from him, and threatened to cut off his mistress’s hand and his feet if he didn’t pay back the money. In order to protect his mistress, Wang Zhenzhong had to live apart from her. Wang Zhenzhong, who was blackmailed, lived alone and went out to hide from the police. When he met an old friend, he could only bow his head and pretend not to see it. Half a year later, the mistress met a billionaire overseas Chinese and abandoned him. In the second half of 2005, depressed Wang Zhenzhong was diagnosed with liver cancer. During his illness, his mistress never visited him once. In June 2007, Wang Zhenzhong died of cancer in new york, leaving a sentence before his death: "Everything is karma … …”

　　They couldn’t escape the inner torment, so they chose to turn themselves in.

　　In 2016, Yi Tuke, former deputy secretary-general of Guang ‘an Municipal People’s Government and director of Guang ‘an Municipal Transportation Bureau, surrendered himself. In April 2002, because of being suspected of taking bribes, Etuke chose to abscond during the period under review. In the 14 years of absconding, Yi Tuke has successively traveled to Beijing, Shanghai, Shandong, Yunnan, Guizhou, Guangdong, Guangzhou, Chongqing and other places, and each place did not dare to stay for too long. In order not to be discovered, Yi Tuke lost contact with his family and friends. He worked odd jobs, sold newspapers and picked up junk in his hiding city, and supported himself with his meager income. No family, no friends, no fixed residence, suffering from loneliness every day, and even not knowing that my mother died. "I feel very uncomfortable and feel that I owe too much." Yituko in the interrogation room can’t hide his regret. I’m afraid it’s a lifelong regret for him not to see his mother for the last time. "for so many years, the most regret is that I chose to abscond." At that time, the high-spirited national cadres turned into depressed and decadent old people, so it was a relief for him and his family to surrender themselves.

　　Unable to bear the inner torment, Xu Li, the former director of the Wage Distribution Center of an xiang Finance Bureau and the director of the Social Control Office, chose to surrender. In 2011, Xu Li absconded with money on suspicion of corruption. After fleeing to Thailand, Xu Li didn’t dare to go out during the day, and she was haunted by nightmares at night, either dreaming of being caught or dreaming that her daughter was crying "Mom came back" and woke up crying every time. Language barriers, no relatives, no friends, "the pain of giving up family ties and the loneliness of being alone tormented me like a demon. During the two months when I fled to Thailand, my face was pale and my hair fell off, and the whole person lost more than 20 kilograms." After three years of hard work, in July 2014, Xu Li returned from Thailand and surrendered herself.

　　Wang Guoqiang, former Party Secretary of Fengcheng City, Liaoning Province

　　Lonely life, inner fear, mental anxiety and yearning for family members have made these fleeing corrupt officials set foot on their way home. In April, 2012, Wang Guoqiang, the former Party secretary of Fengcheng City, Liaoning Province, left Shenyang Airport for the United States with his wife without authorization, and lost contact with China after leaving the country. In June 2012, the People’s Procuratorate of Sujiatun District, Shenyang City, Liaoning Province filed a case against Wang Guoqiang on suspicion of accepting bribes. On December 22, 2014, Wang Guoqiang returned to China and surrendered himself.

　　In the article Confessions of Escaped Corrupt Persons published on the website of the Ministry of Supervision of CPC Central Commission for Discipline Inspection, Wang Guoqiang described his overseas absconding life like this: "Many idioms have made me really understand the connotation in these two years and eight months, such as wandering around the world, escaping from the world, living is worse than death, lingering, crossing the street mice, etc. I feel these words with my body and mind." Two years and eight months of absconding seems like 28 years for him, and he is afraid to contact anyone, even his daughter in America. His father-in-law and his wife’s sister died one after another during this period, and he didn’t see each other for the last time.

　　During his stay in the United States, Wang Guoqiang and his wife lived in a roadside hostel of less than 10 square meters. They dared not go out all day and dared to walk to the supermarket to buy something to eat in the evening. I pick up the cheapest food and buy it. I often eat bread and never buy clothes. There are all kinds of people in the hostel. He and his wife are in a state of panic, always imagining and preparing for an accident, fearing that one day someone will punch them to death or chop them to death with a knife. At one time, his blood pressure was as high as 200, and he was afraid to see a doctor, even to buy medicine, because in the United States, you need a prescription to buy medicine for treating diseases, and you need a passport to see a doctor. When he had a heart attack, he could only struggle to sit and lie in a small chair on the side of the road. The pain in his heart and the whole back was unbearable, and he was covered in cold sweat, and he didn’t even have the strength to call for help. My wife only slept for four hours every night and spent all day in Lacrimosa. Later, her eyes hardened.

　　After this "long" 28 months, Wang Guoqiang used his personal experience to advise those who fled abroad that money is not everything, but the inner world is the most important. Escape is a dead end!

　　General Secretary of the Supreme Leader once stressed: "We must pursue it in five, ten and twenty years, and cut off the back road of corrupt elements." Since the establishment of the Central Pursuit Office in June 2014, with the strong leadership of the CPC Central Committee and the close cooperation of various departments, the records of "catching tigers", "catching flies" and "hunting foxes" have been repeatedly refreshed, and Skynet has spread to more than 90 countries and regions … … Anti-corruption international pursuit is an important part of strictly administering the party, building a clean and honest party style and anti-corruption work, and an important part of curbing the breeding and spread of corruption. The French Open is long, sparse and not leaking. The fleeing corrupt officials can hide their bodies, but they can’t escape the inner suffering. People always have to pay for their mistakes. Instead of hiding, it is better to correct them and set foot on their way home as soon as possible.

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The pinyin of these words has been changed？ There will be a correct answer within this year.

The word "oblique" of "far away from the cold mountain" was changed to "xié" … These days, an article "Attention, the pinyin of these words has been changed! The post of ""caused a heated discussion on the Internet.

For many people, the "standard pronunciation" in the reading period has quietly become "wrong pronunciation"; Often mispronounced, and now it’s right? Seeing the net post, netizens fried the pot and exclaimed "I went to a fake school". Has the pinyin of these words really been modified? Yesterday, an interview with a journalist from chongqing morning post Upstream found that the Ministry of Education has not finalized the phonetic changes of these words that triggered a heated discussion among netizens, and the correct answers will be officially announced this year.

Parents are deceived.

I suspect that I went to a fake school.

This post, which has aroused widespread concern, lists many words that modify the pronunciation-"When you are young, you leave home and go back to the old, and the local accent has not changed your hair (shuāi)" "When you are far away from Hanshan Stone Path (xié), there are people in Bai Yunsheng" and "When you ride a princess in the world of mortals, no one knows that it is litchi" …

According to the post, before, the correct pronunciation that everyone was familiar with was: declining Cu ○, leaning Xi ○, riding J ○. Because there are many people who read it wrong, the pinyin has been changed. At present, the phonetic notation in the new textbook is shuāi, xié and Qi í.

There are many similar posts-the "saying" of "lobbyist" was originally pronounced "shuì", but now it is stipulated to read "Shu Ő", and there is also a saying (Shu Ő) service; The word "japonica" of "japonica rice" was originally pronounced "jīng", but now it is pronounced "gěng".

Because the pronunciation of some words in the text is completely different from that taught by many teachers when they went to school after 70, 80 and 90, many netizens and parents laughed at themselves for "taking a fake school".

"When studying, the teacher has been telling us that we should pay special attention to the pronunciation of these words. Some are polyphonic words, and some are ancient sounds, not the pronunciation in Mandarin." After 70, Ms. Zhang said, I didn’t expect the "standard pronunciation" in my school days to quietly become "wrong pronunciation", which made people somewhat confused.

Mr. Tang, a post-80s parent, lamented that he had gone to a fake school. "A few days ago, I helped my child with homework, saying that her pronunciation was wrong, saying that she was careless, and the child looked confused. Later, I checked the dictionary and found that she was right. Is there something wrong with my’ memory’? What’s going on? Hey! "

Journalist investigation

The pronunciation of some words in the new textbook has changed.

Has the pronunciation of these words really changed? The reporter consulted the new edition of Chinese textbooks, the 11th edition of Xinhua Dictionary, the 7th edition of Modern Chinese Dictionary and some teaching guidance books to find the answer.

"The stone path on the cold mountain far away" comes from the ancient poem "Mountain Walk" written by Du Mu, a poet in the Tang Dynasty. The reporter found this poem in the fourth lesson of the first volume of the third grade of primary school Chinese in the new edition of People’s Education Press, and the "slope" of "stone path slope" has been changed from the original "xiá" to "xié".

In Xinhua Dictionary, there is only one pronunciation for "dull" and "dull". When you pronounce dāi, the original Á i has disappeared. The "chisel" of "conclusive" has been changed from "Zu" to "záo".

In the seventh edition of Modern Chinese Dictionary, the "Shuo" of "lobbyist" has been changed from the original "shuì" to "Shu Ő". In the teaching guidance book A Full-function Dictionary of Modern Chinese for Students published by Jiangxi Education Publishing House, the phonetic notation of "persuasion" is "shuō fú" instead of "Shu ō f ú".

However, the pronunciation of some words has not changed. For example, "japonica rice" still reads "jīng" instead of "gěng" in Modern Chinese Dictionary and Students’ Modern Chinese Full-function Dictionary. In Chinese textbooks, "riding in the world of mortals" is still reading (jì) but not reading (qí).

The Ministry of Education responded:

Without deliberation, the original pronunciation shall prevail.

The reporter learned that most of the cases in the post came from the "Draft for Comment on the Pronunciation of Different Words in Mandarin (Revised Draft)" issued by the State Language Committee in 2016.

On June 6th, 2016, the research group on the revision of the Pronunciation Evaluation Table of Mandarin Variant Words issued the Announcement for Solicitation of Opinions, and it was publicly solicited for opinions from June 6th, 2016 to June 25th, 2016.

The reporter also checked that in May 2018, some media reported on this.

So, should the phonetic notation be based on the Pronunciation Table of Different Pronunciation Words in Putonghua or the Modern Chinese Dictionary?

On February 19th, the Chinese Pinyin Research Office of the Institute of Language and Character Application of the Ministry of Education responded in an interview with the media that some uncommon sounds of ancient Chinese, including those in the above poems, have indeed been adjusted. The principle of adjustment is that uncommon sounds of ancient Chinese exist in modern times, and if they have corresponding meanings, they should be kept. If there are only uncommon sounds with the same meanings as the words corresponding to their modern sounds, modern pronunciations should be used. This is also in consideration of the convenience of popularization and use, and the opinions of most people.

The laboratory stressed that this pronunciation change has not officially become a national standard, and it needs to be reviewed by the Audition Committee and the Standards Committee before it can be announced. At present, the original pronunciation should prevail. As for the pronunciation of the new textbooks and dictionaries after adjustment, it may be that People’s Education Publishing House understood it early and took the lead in reform.

The reporter was informed that the correct answer may be officially announced by the Ministry of Education in 2019.

On January 10, 2019, in the Work Points of the Language and Character Information Management Department of the Ministry of Education in 2019, the Pronunciation Table (Revised) of Putonghua Variant Words was published as an important standard of Putonghua pronunciation, which was included in the work points of 2019.

Chinese teacher:

The beauty of ancient poetry is gone.

Some Chinese teachers said that they did not fully agree with the phonetic changes of these words.

"Many pronunciations I learned before have changed, so it is too tossing to change, especially for Chinese teachers and students." Qi Taili, a Chinese teacher at Chongqing People’s Primary School, thinks.

Teacher Qi said that our mother tongue is beautiful, and the sound, form and meaning of Chinese characters are closely linked. We can’t correct our pronunciation just because most people always make mistakes. "For example, the word" riding "in" Riding a princess in the world of mortals and laughing ",in the old saying, one person and one horse said" Ji ",but now it is changed to" Q ",how can it reflect the aesthetic feeling of one person riding and flying in the old saying?" In her opinion, correcting pronunciation is to correct mistakes, but it is disrespectful to China’s traditional culture not to vulgarize and simplify the Chinese language and change it rashly.

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This App can help blind people see things.

After approaching my bathroom, I lifted my mobile phone into the air. Shake it a little bit, and then something wonderful happened. "Toilet," said a female robot voice. "Shower shower," she said soon. My mobile phone helps me see the world, which is really incredible. This feeling is no less than the first time I know that Dragon Dictionary software can recognize what I say, or that Facebook can accurately find my face in the crowd.

The free Android software I am using is called BlindTool, and its developer is Joseph Paul Cohen, a doctoral student at the University of Massachusetts in Boston. As long as you point your mobile phone at an object, BlindTool can recognize it in a few seconds, just like music radar software that can recognize the world around you.

"A few years ago, I worked for a project to care for the blind, and I began to pay attention to the needs of those who are visually impaired," Cohen said. "I had hoped to use technology to help them see the world, but at that time, there was no existing technology to do this."

Today, our computers are perfect in picture recognition technology. Through the neural network tools developed by Google or Microsoft, and the millions of pictures of daily necessities such as photocopiers and trash cans, they have the ability to identify items. At this point, they can do better than humans. However, most systems with similar achievements need powerful computers as support, and some even need the development of cloud technology. They are not very practical for people’s daily use.

However, BlindTool is a completely independent application for smart phones. How does it do this? In fact, there are still some flaws in its design. The most advanced picture recognition neural network system can test more than 37,000 kinds of pictures, while BlindTool can only test about 1,000 kinds (however, it is unfair to be too harsh because it still stores as many as 150GB of files).

As Cohen explained, the compromise made in this respect makes BlindTool run faster. What he tried was more perfect and applicable to the neural network of mobile phones. Under the framework of mobile phone operation, it can take up to fifteen seconds to identify anything. "Even if it takes five seconds, I will be dissatisfied with this application," Cohen said. At this point, the BlindTool takes only one second. Depending on the time the user points it at the object and listens to the voice, this time will fluctuate slightly during the specific experience.

BloodTool also makes mistakes. Besides, I often make mistakes.

However, as the price of rapid recognition, the recognition of BlindTool will make mistakes, and the number of mistakes is not small. In the process of walking around my apartment, it called my Christmas tree a long scarf for women, recognized an ornament on it as a bubble, and called the door a wardrobe. Sometimes its recognition result is very close to the correct answer, and sometimes it is far from it. This is because the neural network it uses is based on what Cohen calls "random selection" of pictures. This is an all-inclusive system with open sources, which is not entirely suitable for you or other people’s most common things at home, in the community or at work.

"It collects a lot of specific kinds of things, such as dogs, but the Christmas tree is not within the scope of the pictures it collects. So what it does is actually guessing what this item is, "Cohen said." The photo frame may look like a microwave oven, and the microwave oven looks a bit like a dishwasher. It will say that a coffee cup is a soup bowl, and the same cup may also be recognized as a powder cake for makeup. "

For these inevitable mistakes, Cohen’s current solution is to design this application software to evaluate the degree of confirmation. BlindTool vibrates when it can confirm the object it is aiming at. On the screen of the mobile phone (of course, the user can’t see it), the application will display a list showing what this item may be. Under its evaluation framework, the lowest possibility may be only 0.02%. Only when the possibility is greater than 30%, the software will broadcast what this item may be, and only when the confirmation accuracy reaches 90%, the mobile phone will give feedback in the form of vibration. After a few minutes of using BlindTool, you can intuitively feel its server mode, which is completely designed.

Although BlindTool identified my Christmas tree as a scarf again and again, when I really began to think about this phenomenon, I felt that the thorns on the branches of pine trees were indeed similar to the fluff of scarves to some extent. Round decorations on Christmas branches? It is basically the shape of a bubble; My front door? It is indeed similar in shape to a wardrobe. Even the wrong judgment made by BlindTool has some enlightenment for us.

"If someone can look around and think about what this object is in essence, they will certainly broaden their horizons and increase their understanding of the world. Maybe (technically) BlindTool will make mistakes, but it is right in understanding the world, "Cohen said." I still feel that it gives people a sense of independence, which is also an important goal of my research on it. "

A similar smartphone software called "Be My Eyes" allows volunteers with sound vision to help visually impaired people identify objects. This is a good system, but it can’t meet the needs of people with visual impairment all the time. At the same time, when people in need only need to find their mobile phones from their pockets, BlindTool also shows us the shadow of technological accessibility, which is the development direction of the future world.

(Translation: Wang Huinan)

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