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Liuzhou wuling Capgemini’s price reduction hit at the end of the year, with the latest offer of 95,800! Preferential treatment waits for no man.

[car home Liuzhou Preferential Promotion Channel] At present, there is a large-scale promotion in Liuzhou area, with the maximum preferential amount reaching 34,000 yuan, which reduces the minimum starting price of this MPV to 95,800 yuan. If you are interested in this model and want to get a higher discount, you may wish to click the "Check Car Price" button in the quotation form for more details.

柳州五菱凯捷年末降价来袭,最新报价9.58万!优惠不等人

Wuling Capgemini’s design is fashionable and atmospheric. The front face adopts a large chrome grille with sharp headlights, which shows a strong visual impact. The overall style is simple and dynamic, and the body lines are smooth, showing the perfect combination of movement and elegance.

柳州五菱凯捷年末降价来袭,最新报价9.58万!优惠不等人

Wuling Capgemini has a length, width and height of 4,875 * 1,880 * 1,695 mm, a wheelbase of 2800mm, and smooth body lines, with front and rear wheel tracks of 1606mm, which ensures the stability and handling of the vehicle. Equipped with 18-inch rims and 225/55 R18 tyre size, it not only improves the driving stability, but also improves the overall visual effect.

柳州五菱凯捷年末降价来袭,最新报价9.58万!优惠不等人

Wuling Capgemini’s interior design is simple and practical, full of modernity. High-quality leather seats are used in the car, which are both comfortable and durable. Both the main seat and the auxiliary seat support a variety of adjustments, providing excellent riding experience for drivers and passengers. It is particularly worth mentioning that the second row of seats not only supports the adjustment of front and rear, backrest and leg rest, but also can move left and right, and the flexible and changeable layout meets the diverse riding needs. The center console is equipped with a 10.25-inch central control screen, which enhances the sense of technology and convenience. In addition, the car is also equipped with a number of USB/Type-C interfaces, which is convenient for drivers and passengers to charge electronic equipment, further improving the convenience of use.

柳州五菱凯捷年末降价来袭,最新报价9.58万!优惠不等人

Wuling Capgemini is equipped with a 1.5T turbocharged engine, with a maximum power of 130kW (about 177 HP) and a peak torque of 290 N m. With CVT continuously variable transmission (simulating 8 gears), it provides smooth and strong power output.

The owner of car home said, "I must say its design is really great. From the front face to the tail, luxury and streamline beauty are everywhere. The material used in the front face is more domineering, and there are sharp headlights, which are very scientific and technological. The side lines of the car are smooth, emphasizing the dynamic body lines. At the rear of the car, while keeping the streamline as much as possible, it also highlights the sense of movement. The whole body lines are very simple and comfortable, and the color configuration is very fashionable, creating a perfect style of luxury, dynamic and elegance. I think the design of this car is both modern and tasteful and classic, which makes me unforgettable at a glance. "

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Kaiyi succeeded again, an interpretation of Kaiyi automobile’s dazzling world

The rapid development of China automobile market in recent years has witnessed the remarkable progress of China brand vehicles. Today, we will deeply analyze the dazzling world of Kaiyi automobile and explore the highlights of its design and performance.

First of all, Hyun Jie starts with a steady design, with unique front lines, and the headlight design is deeply loved by consumers, showing a simple but fashionable atmosphere. It is equipped with headlight height adjustment and delay closing function, which brings convenience to drivers. The lateral lines are smooth, and the body size is 4400 mm * 1831 mm * 1653 mm. With thick tires, it shows a stable and dynamic design.

Stepping into the interior, dazzle the world with the theme of dynamic and cool black, creating a strong fighting atmosphere. The steering wheel is exquisitely designed and integrated with manual up-and-down adjustment function for comfortable grip. The center console is made of plastic, which is simple but stylish. The sharp instrument panel displays clearly, while the leather-like seat provides a comfortable riding experience, which can ensure comfort whether driving long distance or short distance.

In terms of power, Xuanjie is equipped with a CVT gearbox, with a maximum power of 85KW and a torque of 143N.m, which has strong power performance and meets daily driving needs.

As for the storage space, Hyun Jie’s trunk is practical in design, which can meet the basic needs even without putting down the seat. At the same time, the vehicle is equipped with comprehensive safety configuration, including ABS, EBA, EBD, ASR/TCS, ESP/DSC, etc., to ensure the driver’s safety during driving.

炫界

Generally speaking, with its excellent internal and external design and practical performance, Kaiyi Xuanjie not only becomes an ideal choice for family travel, but also shows the competitiveness of China brand in market segments. It is undoubtedly a practical car that you should not miss.

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Jietu has succeeded again. You can run and pretend to be your multifunctional partner.

Although not excellent, it can also reach the mainstream level of the same level. Let’s take a look at it together.

Let’s look at the appearance of Jietu Shanhai L9 first. The front face of Jietu Shanhai L9 is very domineering and recognizable. Coupled with the sports headlights, the visual effect looks quite elegant. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4862MM*1925MM*1784MM, and the car body looks very solid, with large-sized thick-walled tires, and smooth lines run through the whole car side. Looking back, the rear of the car looks more individual, and the taillights look very delicate, creating a good atmosphere.

Coming into the car, the interior looks very young and full of fighting atmosphere. The car looks very good outside the steering wheel, made of leather, and its practicality and face value are not bad. Take a look at the central control, with the 15.6-inch touch-sensitive LCD central control screen, which makes the interior design quite layered and gives people a feeling full of roundness. Next, let Xiaobian introduce the dashboard and seats. The car is equipped with a clean and refreshing dashboard, and the shape has taken the sports route. The car uses leather seats, which are wide and thick, and the overall comfort is acceptable.

The car is equipped with car networking, driving mode selection, remote control key, rear wiper, interior atmosphere light and other configurations, which fully ensures the convenience and comfort of the car experience.

OK! Next, let’s sum up. Such a car with the right price is enough to meet the daily practical needs, and it doesn’t take much thought to maintain it at ordinary times, and the cost performance is good.

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Israeli warplanes raided Syria’s nuclear arsenal on a dark night?

  


  


  Israeli Air Force F-15I Fighter (Information)


  


  


  Close-up of Israeli Air Force F-15I fighter (data)


  On September 16th, influential media such as The Times of Britain, Washington post of the United States, the Jerusalem Post of Israel and Newsweek of the United States all reported a heavy news: On September 6th, the Israeli air force penetrated more than 100 kilometers into Syria’s territory, and lightning raided Syria’s "nuclear arsenal", killing "foreign nuclear experts" and repeating the scene of bombing Baghdad’s nuclear reactor in 1981.


  Lightning strikes the heart of Syria


  On the night of September 6th, there was no moonlight. Eighteen F-15i fighters from the 69th fighter squadron of the Israeli Air Force ghostly crossed the border and flew very low along the Syrian coastline. The powerful Syrian radar and missile forces were silent, unaware that Israeli warplanes were heading for the "Agricultural Research Center of the Euphrates River" within 100 kilometers of Syria. At this time, the members of Shaldag commando, the elite special warfare unit of the Israeli Air Force that sneaked into the vicinity of the target one day in advance, have already taken their positions, and they will use laser beams to indicate the bombing target for Israeli warplanes. Not long after, the "Agricultural Research Center of Euphrates River" became a sea of fire!


  Ten days later, on September 16th, Israeli Prime Minister Olmert finally spoke: "Our agents and the officers and men of the IDF showed extraordinary courage. We generally don’t show our trump cards easily! "


  The Syrian government is silent about the target of the bombing. "I can’t disclose details," Syrian Vice President Al-Shara said. "But what I want to say is that the military and political decision-makers in Syria are considering a series of reactions to be made, and the results will be seen soon." Shara ‘a said that what was blown up by the Israeli air force was all kinds of weapons of Hezbollah militia seized by the Syrian army.


  Amazing "truth": Is the nuclear arsenal being terminated?


  Andrew Samuel, a senior official in the State Council, USA, surprisingly told a reporter in The Sunday Times that the Israeli Air Force bombed Syria’s "nuclear weapons warehouse" because Syria "may have" obtained nuclear weapons equipment from "secret suppliers" and there were "many foreign experts" in Syria. The Sunday Times reporter asked, does "foreign experts" refer to "Koreans"? Andrew replied: "There is no doubt that it is a Korean."


  An American expert on the Middle East who claimed to have exchanged views with the Israelis who participated in the air raid revealed to Washington post on September 15th that a North Korean cargo ship carrying "cement" arrived at the Syrian port three days before the air raid. The "cement" on board was quickly sent to the underground warehouse of the "Euphrates River Agricultural Research Center" by the heavily guarded Syrian army.


  Israel has always suspected that this underground warehouse is a top secret laboratory for Syria to secretly extract enriched uranium. Former US Assistant Secretary of State Bolton, who is in charge of arms control, said as early as 2004 that the "nuclear customers" of Pakistan and North Korea include Iran, Libya and Syria. Bolton even said last week: "I have always been worried about the cooperation between North Korea and Syria on nuclear weapons." The CIA once submitted a secret report to Congress, saying, "Syria’s nuclear weapons intentions are becoming more and more obvious and deserve attention."


  Diplomats who have been tracking North Korean affairs also said that from time to time, "Middle Eastern businessmen" were seen taking trains from Pyongyang and then turning back to Syria.


  On August 14th this year, the DPRK Foreign Minister went to Syria to sign the "Science and Technology Cooperation Agreement", but the two sides did not disclose the specific situation.


  However, Israel suspects that Syria has purchased 60-120 Scud-C missiles from North Korea in the past 15 years, and North Korean technical experts went to Syria to help it improve its range, so that the range of these missiles can be increased to 300 kilometers.


  What Israel is most worried about is that once these extended-range missiles are equipped with nuclear warheads, then Israel will have an "existential threat." Therefore, Israel will never allow Syria to possess any nuclear capability.


  Planning autumn action in spring


  The insider revealed to the Jerusalem Post reporter that from the end of this spring, Israel began to make all kinds of preparations before the air strike, because at this time, Meir Dagan, the leader of Israel’s Mossad, had submitted to Prime Minister Olmert "conclusive evidence" that Syria "sought to buy nuclear weapons and equipment from North Korea".


  In June this year, the Israeli spy satellite Ofek 7 was launched. After the satellite was launched, its monitoring focus shifted from Iran to Syria, and the latest photos of the "Agricultural Research Center of the Euphrates River" were sent back to Israeli intelligence agencies every 90 minutes, and were handed over to the Air Force for specific research.


  In the early summer of this year, Israeli Defense Minister Barak ordered the number of Israeli troops in the Golan Heights bordering Syria to triple, mainly for fear that Syria might strike back at Israel quickly after the air strikes.


  In August this year, Russian Ambassador to Syria Sergei Kirpichenko warned Syrian President Assad that Israel was secretly planning a military strike against Syria, and the target should be the Golan Heights! Syria immediately sent a large number of special forces to Mount Herman in the Golan Heights. The relationship between the two sides immediately became tense, and the outside world did not know why.


  Israeli Defense Minister Barak worried that the situation was out of control and destroyed the air strike plan, so he quickly reduced the Israeli troops stationed in the Golan Heights and told Syria that the tension between the two sides was over. Syria slowly relaxed, and at this time, Israel’s air strikes were imminent!


  Only three people know the super secret.


  An American government official who did not want to be named told Newsweek that one day at the end of August, Israelis suddenly came to Washington with a bunch of photos taken by spy planes and spy satellites to show several core senior officials of the US government the "grim situation" in northern Syria. These photos successfully convinced senior officials of the US government that the Syrian government is seeking nuclear weapons and North Korea "may be a partner". Therefore, the U.S. government has given the green light to Israel’s air strikes against Syria. In order to prevent Israeli F-15i fighters from accidentally injuring American warplanes in the Middle East, Washington handed over the U.S. Air Force code to the Israeli Air Force military attache in the United States.


  The operation was carried out in super secrecy-only three people in Israel knew about the air strike plan-Prime Minister Olmert, Defense Minister Barak and Foreign Minister Levi. Because the operation was so secret, the pilots who participated in the operation didn’t get the orders they wanted to execute from the commander until the fighter plane took off!


  After the air raid, Israel also prohibited anyone from revealing a word to the outside world. It was not until Syria revealed to the outside world that Israeli warplanes had "violated" its airspace that the outside world learned the clues of this action. According to the Syrian side, Israeli warplanes were intercepted by the Syrian air defence forces, forcing them to abandon the auxiliary fuel tank and flee back to Israel. However, many intelligence sources have confirmed that Israel’s air strikes have successfully destroyed Syria’s "nuclear weapons warehouse".


  And the inside story: Israel took the nuclear device?


  Because Israel is tight-lipped about this action, there is inevitably a lot of speculation about the final result of its action. It is reported that the air raid was actually to cover up the great success of Israeli commandos, who successfully stopped Syria’s nuclear weapons and equipment on the way to Iran and then shipped them back to Israel. The air raid was just a cover.


  However, more channels have confirmed that Israel’s air strike was very successful and completely destroyed Syria’s nuclear facilities.


  Some American intelligence officials believe that the evidence is insufficient.


  After this incident was revealed by the mainstream western media, the relevant parties reacted strangely:


  Syria, as a country concerned, has been slow to respond to the air strikes, and has not even complained to the UN Security Council about the violation of its airspace by Israeli warplanes, and even said that its target was bombed, which is "false".


  North Korea’s official media severely condemned Israel’s invasion of Syrian airspace. According to the Sunday Times, North Korea paid little attention to Israel’s invasion of the airspace or territory of Middle East countries in the past, but this time it expressed "strong condemnation".


  Israeli officials kept quiet about the operation, but internal sources revealed that the highest level in Israel was "ecstatic" about it and was secretly inviting awards for the officers and men who participated in the operation.


  John bolton, the former US ambassador to the United Nations, said in an interview with the Jerusalem Post: "It is’ logical’ for North Korea and Iran to transfer nuclear weapons and equipment to a third country that is not suspected, such as Syria." However, some US intelligence officials believe that the so-called nuclear weapons cooperation between the DPRK and Syria is "insufficient evidence". For example, Albright, the former prosecutor of Iraq’s nuclear issue, said that the International Atomic Energy Agency had inspected Syria’s small nuclear reactors in 2003, and the results proved that the accusation that Syria was developing nuclear weapons was "incorrect".


  In an interview with Newsweek, Mustafa, Syrian ambassador to the United States, said that after being intercepted by Syrian air defense forces, Israeli warplanes threw bombs into open desert and fled. Mustafa said that Syria will definitely retaliate against Israel at an appropriate time: "Israel cannot do whatever it wants without paying the price." (Zhongqing Online-Youth Reference Lei Huai)

Editor: Cao Jin

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Interpretation of the new round of four high-end independent new cars

    [XCAR Information Original]

    Foreword:Recently, the appearance of four new cars with independent brands has attracted a lot of attention. These four new cars are not only mid-to high-end models launched by the top three domestic state-owned car companies, but also three of them can be called new flagship products of independent brands at present. Although these four models have reached or even surpassed the joint venture brand models at the same level in terms of technology and design, it does not mean that their own brands and strength have risen to a new level. Because these four new cars are not completely self-developed, the independent elements are only reflected in the design or partial configuration, but the core technology is still "brought", and three of them can find their "joint venture prototype" in China.

borrowism

    These four models are a new generation Roewe 750 (or R95) from SAIC. The new flagship of FAW Pentium B90, the new flagship of dongfeng fengshen A60;; And C131 of FAW Hongqi. First, let’s take a look at these four independent new cars.

    > > SAIC Roewe 750 (named R95): a new LaCrosse platform from Shanghai GM Buick.

    As the largest automobile enterprise in China, SAIC has an early road to its own brand.The prototype of the current Roewe 750 is the Rover 75 model under the British bankrupt enterprise Rover. SAIC launched its own brand Roewe after acquiring its technical data, and the first model was Roewe 750.Rover 75 has been a product in the 1990s. Although there are some genes in the technology of the old BMW 5 Series, times have changed, and the current Roewe 750 is showing its old age in terms of technology and design. It is imperative to launch its replacement model.

SAIC Roewe 2012 Roewe 750
[The current Roewe 750 reflects SAIC’s excellent manufacturing capability]

    Although SAIC’s manufacturing capacity and efficiency are first-class, this can be seen from the acquisition of Roewe 750 technology to the speed of launching new products. However, the ability to produce and own technical intellectual property rights does not mean that SAIC has completely mastered and digested the technical platform of the existing Roewe 750. In other words,Even if SAIC has basically digested the technology of Roewe 750, it is very difficult to design a mid-to high-end model that surpasses the current Roewe 750. After all, the road of independent research and development of SAIC is not long.Compared with German brands with a history of over a hundred years, even Japanese and Korean brands with a history of half a century, SAIC is also a young latecomer.

Saic new car
[The new generation Roewe 750(R95) is built on the new LaCrosse platform]

    Therefore, it is a wise choice to choose the technology platform of the existing joint venture partner to ensure the continuation of Roewe’s high-end products. SAIC aims at the Epsilon II platform of its partner GM, on which two intermediate models of Regal and LaCrosse of GM Buick brand were born. According to the information currently exposed,SAIC Roewe 750(R95) is developed based on BP31 platform, and this platform technology is similar to Epsilon II platform.

Saic new car
[R95 with Roewe logo]

    Judging from the application materials obtained,The body size of SAIC Roewe R95 has reached 4996mm/1857mm/1502mm, which is only millimeters different from that of the new LaCrosse. Its wheelbase is 2837mm, which is consistent with the new LaCrosse.In addition, from the obtained spy photos of the chassis, the new generation 750 is indeed very similar to the LaCrosse based on Epsilon II in the rear suspension structure.

Saic new car
[R95 with Shanghai brand logo, with high positioning]

    In terms of power, in line with previous speculation, SAIC Roewe R95 will share the power system with the new LaCrosse.Three naturally aspirated engines of 2.0L, 2.4L and 3.0L were introduced.Its maximum power reaches 154 HP (113kW), 186 HP (137kW) and 195kW respectively. The 3.0L V6 engine is imported from Horton, a subsidiary of GM.

Replacing Roewe 750 spy photos
[Interior spy photos exposed earlier (high match)]

    It is reported that the new Roewe 750The Roewe logo will be hung on the 2.0L and 2.4L models, while the Shanghai brand logo will be hung on the 2.4L high-profile and 3.0L models, both of which will be launched under the name of R95.

    Although SAIC officials have not clearly indicated the technical source of the platform of R95 at present, perhaps not in the future, we can see the relationship between this flagship model and LaCrosse from the body size, chassis and powertrain. Epsilon II is one of the main platforms of GM, and the adoption of this platform means that SAIC Roewe R95 will stand at a higher starting point in terms of space, safety, power and comfort.

Roewe
[The chassis structure of the new generation Roewe 750 is very similar to that of the new LaCrosse]

    Excellent design is one of the main manifestations of SAIC’s independent development ability, which is also reflected in the new Roewe 750. The design is atmospheric and inherits Roewe’s family-style appearance. The interior design is simple, although there are many shadows of the new LaCrosse, but it is not completely illuminated, reflecting a high design standard. In addition, excellent manufacturing capacity and quality are also one of the selling points of SAIC products. The workmanship of the current Roewe 750 is no less than that of the joint venture model at the same level, and SAIC will definitely be more careful when the new generation 750 goes on the market.

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In-depth study of the world outlook, values, history, civilization, democracy and ecology contained in Chinese modernization.

  General Secretary of the Supreme Leader delivered an important speech at the opening ceremony of the seminar on studying and implementing the spirit of the 20th National Congress of the Communist Party of China, stressing: "The unique world outlook, values, historical outlook, civilization outlook, democratic outlook, ecological outlook and its great practice contained in Chinese modernization are major innovations in the theory and practice of world modernization." In this academic edition, an academic dialogue is launched, which deeply studies and explains the unique world outlook, values, historical outlook, civilization outlook, democratic outlook, ecological outlook and its great practice contained in Chinese modernization, trying to clarify the scientific answer of Chinese modernization to the question of modernization and its great significance to the development of world modernization theory and practice.

  worldview

  Moderator: Modernization is a worldwide trend, and realizing modernization is the common aspiration of people of all countries. Please talk about the world outlook contained in Chinese modernization and its practice, and what innovative development it has made to the theory and practice of world modernization.

  Xu Bu (President of China Institute of International Studies)

  In the process of human civilization, world history as a whole is closely related to world modernization. After the 15th century, with the great geographical discovery and the development of capitalist mode of production, human beings have formed a more comprehensive understanding of the world on which they live. The first industrial revolution in the 18th century started the process of modernization of human society. With the continuous improvement of social productivity, especially the level of science and technology, the relatively isolated development state between countries and regions was gradually broken, and human society became a widely connected whole. Based on the keen observation of capitalist expansion in the mid-19th century, Marx and Engels elaborated on world trade, world market and world history in a series of important works. Marxism holds that the more thoroughly the primitive closed state of all ethnic groups is eliminated due to the increasingly perfect mode of production and communication and the natural division of labor among different ethnic groups due to communication, the more history will become world history.

  The close correlation between world history and world modernization determines that people will inevitably form a general and fundamental view of the whole world and the relationship between people and the world in the process of promoting modernization, that is, a modern world outlook. Generally speaking, a modern world outlook is not only influenced by the history and culture of the country and nation where it lives, but also enriched and developed in long-term exchanges and interactions with the outside world. Historically, some western countries have long pursued the jungle law of "national power must dominate" and antagonistic zero-sum game thinking. By virtue of their first-Mover advantage, they exported modernization models to other countries, tried to frame the modern world map with a western-centered worldview, and regarded developing countries as vassals of their modernization, resulting in serious imbalance and unfairness in the development of world modernization.

  In his keynote speech at the high-level dialogue meeting between the Communist Party of China (CPC) and the world’s political parties, General Secretary of the Supreme Leader stressed: "Chinese modernization does not follow the old road of colonial plunder, does not follow the crooked road of national power, and takes the right path of peaceful development." For thousands of years, the concepts of valuing harmony, harmony without difference, turning hostilities into friendship and harmony under heaven have been deeply integrated into the ideas of China people. In Chinese excellent traditional culture, the values of being kind to your neighbors, being harmonious with all nations, building up your own talents and helping the world have profoundly influenced and shaped the Chinese modern world outlook.

  Adhering to the Marxist thought on world history, inheriting and developing the excellent Chinese traditional culture and the world view of harmony among all nations, the Communist Party of China (CPC) has always paid attention to the future and destiny of mankind in leading the people of China to promote the process of Chinese modernization, conformed to the law of human social development, closely linked his own destiny with the destiny of people of all countries, and strived to provide new opportunities for world development with new achievements in Chinese modernization, provide new assistance for human exploration of modernization road, and make new contributions to the theoretical and practical innovation of human social modernization.

  With the concept of building a community of human destiny, Chinese-style modernization fully abandons the western-centered worldview, upholds the concept of unity, cooperation and common development, takes the road of joint construction, sharing and win-win, and strives to make modernization achievements more fair and benefit people of all countries. From proposing to build a human health community in the face of the century epidemic, to calling for building a community of life on earth in the face of environmental degradation, and to proposing to build a global development community &hellip in the face of development deficit; … Chinese-style modernization vigorously promotes the spirit of establishing oneself and gaining talents, strives to enhance the inclusiveness of modernization achievements, points out the direction for the modernization process of human society at the historical crossroads, and highlights the world outlook characteristics of upholding world peace and promoting common development. The world outlook and practice of Chinese modernization show that the road to modernization is diversified, and modernization is not a "patent" of a few countries, nor is it an "alternative choice". Only by insisting on putting the development of the country and the nation on the basis of their own strength, firmly holding the destiny of the country’s development and progress in their own hands, and respecting and supporting the independent choice of the people of all countries on the road to development, can we jointly draw a new picture of the modernization of human society.

  sense of worth/values

  Moderator: Modernization has a distinct value goal orientation. Please talk about what kind of value pursuit Chinese modernization has, what kind of values it contains, and what contributions it has made to the theory and practice of world modernization.

  Feng Ziyi (Professor, Philosophy Department, Peking University)

  Modernization is a historical process with a clear value orientation, that is, for whom to develop and why to modernize. The fundamental difference between Chinese-style modernization and western modernization in terms of values is concentrated on people-centered or capital-centered. Western modernization takes capital as the center and follows the logic of capital. Historically, western modernization started with the development of capital logic. Without the emergence and expansion of capital, there would be no rise and development of western modernization. It can be said that capital is the axis of the development of western modern society and western modernization, which determines the value pursuit of western modernization.

  In his keynote speech at the high-level dialogue meeting between the Communist Party of China (CPC) and the world’s political parties, General Secretary of the Supreme Leader stressed: "We must adhere to the concept of people first and highlight the people’s nature of modernization." This clearly shows the values of Chinese modernization. People’s nature is the most distinctive character of Marxism. It is the highest value goal pursued by Marxism and scientific socialism to establish an ideal society without oppression, exploitation, equality and freedom for all and realize the free and all-round development of human beings. This value goal has been fully demonstrated in Chinese modernization. The ultimate goal of Chinese modernization is to realize the free and all-round development of human beings, pursue the value orientation of people first, make modernization better respond to people’s demands in all aspects and multi-level needs, and make modernization achievements more fair and benefit all people. In the process of leading and promoting Chinese modernization, our party adheres to the people-centered development thought, the development concept and modernization concept of developing for the people, relying on the people and sharing the development results with the people, taking meeting the people’s growing needs for a better life as the starting point and the foothold, constantly transforming the development results into the quality of life, and constantly enhancing the people’s sense of acquisition, happiness and security. People-centered, highlighting the distinctive values contained in Chinese modernization.

  The advancement of modernization is not only a process of creating and accumulating development achievements, but also a process of distributing development achievements. Whether the relationship between fairness and efficiency can be properly handled in development and distribution is a common task faced by world modernization and a yardstick to test the value pursued by modernization. Western modernization follows the value logic centered on capital and pursues capital accumulation and capital expansion in its development, which leads to serious polarization between the rich and the poor. Chinese-style modernization is the modernization of common prosperity for all people, and realizing common prosperity for all people is one of the essential requirements of Chinese-style modernization. Chinese modernization emphasizes that material wealth and spiritual wealth are the fundamental requirements of socialist modernization, insists on distribution according to work as the main body and coexistence of various modes of distribution, constructs a coordinated system of primary distribution, redistribution and third distribution, constantly promotes the overall prosperity of people’s material and spiritual life, and clearly embodies the value pursuit of Marxism. It is a highly concise and concrete practice of people-centered values in the field of social production and distribution. From handling the relationship between fairness and efficiency and promoting human freedom,

  The capital-centered modernization in the West has realized primitive accumulation of capital through colonial expansion, passed on various crises of its own development through foreign wars, imposed its own values and models on others through the implementation of so-called "universal values" and engaged in ideological confrontation. Chinese-style modernization is a modernization for the happiness of China people and the rejuvenation of the Chinese nation, and it is also a modernization for the progress of mankind and the great harmony of the world. The values of Chinese modernization abandon the practice of foreign military expansion, colonial plunder and ideological export, advocate the common values of peace, development, fairness, justice, democracy and freedom for all mankind, cooperate with other countries for win-win results, promote the building of a community of human destiny, and provide a common value bond and guide the correct value direction for advancing the process of world modernization.

  conception of history

  Moderator: Realizing modernization is a long-term historical process. Please talk about what kind of historical mission Chinese modernization undertakes, what kind of exploration process it has gone through, and what kind of enlightenment and reference significance its historical view and practice can bring.

  Guo Jianning (Professor, Tsinghua University Institute of Marxism)

  Modernization is a historical process with its inherent historical logic. General Secretary of the Supreme Leader pointed out: "In the 18th century, major inventions such as the steam engine appeared, which made the first industrial revolution and started the modernization of human society." Modernization started in the west and is a historical product of the development of productive forces to a certain stage. At the same time, it should also develop and change with the development of history. The universality of the modernization task can only be realized through the concreteness of each nation in its social and historical development. However, historically, western countries have tried to impose their modernization model on others a priori as a "super-historical" general formula, which neither conforms to the historical law of the development of world modernization nor really promotes the historical process of world modernization. Judging from the historical process of world modernization, the modernization development of late-developing countries has to go through the historical process of "following" and "catching up". Judging from China’s situation, after the Opium War in 1840, China was passively involved in the modernization system led by western countries from the closed door, which also opened the prelude for the Chinese nation to explore a road suitable for its own modernization. In the process of exploring the road to modernization, generations of people with lofty ideals have tried hard and made various attempts, but they all ended in failure. The important task of exploring China’s modernization road has historically fallen on the Communist Party of China (CPC) people.

  From the historical point of view, Chinese modernization is closely related to the great rejuvenation of the Chinese nation. The Chinese modernization process led and promoted by the Communist Party of China (CPC) has historically and inevitably shouldered the mission of realizing the great rejuvenation of the Chinese nation. General Secretary of the Supreme Leader pointed out: "the Communist Party of China (CPC)’s history of uniting and leading the people of China to pursue national rejuvenation for more than 100 years is also a history of constantly exploring the road to modernization." After the founding of the People’s Republic of China, faced with the present situation that everything is in ruins and everything is in poverty, the people of the Communist Party of China (CPC) are faced with the arduous task of national prosperity and national rejuvenation. Comrade Mao Zedong issued the call of "building a backward country like ours economically and culturally into a great industrialized country with a high degree of modern culture". After unremitting exploration, our Party proposed the construction of "four modernizations", and the new China gradually established an independent and relatively complete industrial system and national economic system. In the new period of reform and opening-up, our Party has made a historic decision to shift the work center of the Party and the state to economic construction and carry out reform and opening-up, put forward a series of symbolic concepts about Chinese modernization, such as "Chinese modernization", "well-off family" and "three-step" development strategy, made a series of major theoretical and practical innovations, and led and promoted China’s socialist modernization drive to make steady progress. Since the 18th CPC National Congress,The CPC Central Committee with the Supreme Leader as the core continues to advance on the existing basis, providing a fundamental follow-up and solid strategic support for promoting Chinese-style modernization, constantly achieving innovative breakthroughs in theory and practice, and successfully promoting and expanding Chinese-style modernization. Our Party has continuously deepened its understanding of the connotation and essence of Chinese modernization, summarized the China characteristics, essential requirements and major principles of Chinese modernization, and initially established a theoretical system of Chinese modernization, which has made Chinese modernization clearer, more scientific and more feasible, and provided a more perfect system guarantee, a more solid material foundation and a more active spiritual force for promoting Chinese modernization and realizing the great rejuvenation of the Chinese nation.

  The historical view contained in Chinese modernization embodies independence in the unity of universality and particularity, pioneering and innovative in the combination of historical regularity and subjectivity of human activities, and highlights a high degree of historical self-confidence and historical initiative in the journey of the great rejuvenation of the Chinese nation. The historical process of Chinese modernization profoundly shows that backwardness does not mean backwardness, let alone imitation and copying. Following the historical laws of world modernization and combining with its own reality and cultural traditions, every country and nation is likely to explore its own modernization development path and completely change its own historical destiny.

  Civilization view

  Moderator: I would like to ask the concept of civilization and its practice contained in Chinese modernization, what kind of development direction has been pointed out for the progress of human civilization, and why Chinese modernization is a brand-new form of human civilization.

  Ye Xiaowen (Deputy Director of the 13th Chinese People’s Political Consultative Conference Culture, Literature and History Learning Committee)

  To understand and grasp the civilization view of Chinese modernization, we should first put Chinese modernization and its new form of human civilization in the tide of world modernization and understand it in the historical background of exchanges and mutual learning between different civilizations. Modernization is a global social transformation, covering economy, politics, culture, science and technology and other fields. An inevitable result of modernization is economic globalization, and the deepening of economic globalization will inevitably promote exchanges between different countries, different nationalities and different civilizations. It can be said that the process of promoting modernization is also a process of continuous development of exchanges and mutual learning among human civilizations. At the same time, the deepening of exchanges and mutual learning between different civilizations has injected strong vitality into the process of economic globalization and world modernization and created a favorable environment.

  In his keynote speech at the high-level dialogue meeting between the Communist Party of China (CPC) and the world’s political parties, General Secretary of the Supreme Leader pointed out: "Today, the future and destiny of all countries are closely linked, and the inclusive coexistence, exchange and mutual learning of different civilizations play an irreplaceable role in promoting the modernization of human society and prospering the world’s civilized gardens." There is no distinction between superior and inferior civilizations, only differences in characteristics and regions, which can only be integrated in communication and progress in integration. The premise of exchange and mutual learning among civilizations is equal dialogue. Only by abandoning the theory of "superiority of civilizations" and "clash of civilizations" can we promote the process of world modernization in the exchange and integration of civilizations. However, in the early stage of world modernization, some western countries often occupied land, plundered resources and enslaved others to achieve development in the process of primitive accumulation of capital. Up to now, the influence of this development inertia is mainly manifested in dominating the high-end industrial chain and monopolizing the world resources in order to "bonus hunter" at will. In the exchange of world civilizations, it is embodied in promoting the superiority theory of western civilization and defining modern civilization with the model of western civilization. Even at the moment when the tide of economic globalization and world modernization is surging, there are still some western countries moving against the current, frequently defending their hegemony by means of building walls, unilateral sanctions, extreme pressure, etc., blocking the process of economic globalization, and blocking the road of exchanges and mutual learning among world civilizations with the dominance of one family. This not only goes against the general trend of economic globalization,Violating the law of the development of human civilization is not conducive to the long-term development of world modernization, including western countries.

  Civilizations communicate because of diversity, learn from each other because of communication and develop because of mutual learning. Conforming to the tide of world modernization and following the law of human civilization development, Chinese modernization has been developing continuously, and it has formed its own unique concept of civilization. The Party’s Report to the 20th CPC National Congress put forward: "Respect the diversity of world civilizations, transcend the barriers of civilizations, learn from each other, transcend the superiority of civilizations, and jointly meet various global challenges." This profoundly and vividly demonstrates the concept of civilization of Chinese modernization. It is with this concept of civilization that Chinese modernization is committed to promoting the exchange and mutual learning of civilizations, promoting the progress of human civilization, advocating respect for the diversity of world civilizations, promoting the common values of all mankind, attaching importance to the inheritance and innovation of civilizations, and strengthening international humanities exchanges and cooperation, which not only makes our own civilization full of vitality, but also creates conditions for the development of other countries’ civilizations and makes the world’s civilized gardens flourish.

  Historically, in the process of development, western modernization has formed a binary opposition between tradition and modernity, and advocated replacing tradition with modernity. The concept of civilization of Chinese modernization was born in the process of socialist modernization in China, and at the same time it was nourished by profound Chinese culture. The Chinese-style modern civilization concept inherits the Chinese excellent traditional cultural genes, and highlights the Chinese excellent traditional cultural concepts such as "All things coexist without harming each other, and Taoism is parallel without contradicting each other", "It is noble to be a monk, be good at accommodating people, be virtuous and carry things, and be harmonious but different". It advocates organically combining modernity and tradition through harmony and inclusiveness, and exploring and creating an inclusive new form of human civilization. This has contributed China’s wisdom and China’s strength to fully respect the diversity of civilizations in the process of world modernization, promote exchanges and mutual learning among civilizations, and promote the development of world civilization in a balanced, positive and good direction.

  Democratic view

  Moderator: Whether a country is democratic or not and how to achieve it better is one of the important standards to measure the degree of modernization of this country. Please talk about the unique advantages of the concept of democracy contained in Chinese modernization and its practice.

  Lin Shangli (President of China Renmin University)

  The general law of world modernization development shows that a country’s democratic construction ability affects its modernization process to a great extent. The key to improve this ability lies in the extent to which we maintain our internal strength and truly proceed from the logic of modern development in line with our own history, society and culture to carry out democratic construction layout.

  Whether a country is democratic or not depends on whether the people are the masters of the country. Only by truly having the right to be masters of the country can the people’s enthusiasm, initiative and creativity be fully mobilized, social productive forces and social vitality be fully released, and the modernization process can be smoothly promoted. Western modern democracy originated from the resistance and restriction of monarchical rule, and its formation and development mainly revolved around representative institutions that restricted or replaced monarchical power, emphasizing that people expressed their will through election agents. In practice, this democratic form gradually exposes the institutional defect that agents can’t really express people’s true opinions. In this regard, some western countries try to make up for the defects of representative democracy by deliberative democracy with citizens’ direct participation, but the effect is not obvious because of the constraints of system and culture.

  In the process of leading and promoting China’s modernization, our party has always unified its grasp of the general laws of modernization with its deepening understanding of communist party’s laws of governance, socialist construction and the development of human society, pointed out that people’s democracy is the life of socialism and the proper meaning of building a socialist modern country in an all-round way, and emphasized that the development of people’s democracy in China must always adhere to the organic unity of party leadership, people being masters of their own affairs and governing the country according to law. Report to the 20th CPC National Congress of the Communist Party of China put forward that "the whole process people’s democracy is the essential attribute of socialist democratic politics" and regarded the development of the whole process people’s democracy as one of the essential requirements of Chinese modernization, which profoundly revealed the great significance of developing the whole process people’s democracy in the new journey of building a socialist modern country in an all-round way. It is precisely because our Party has always respected the people’s dominant position and ensured that the people are masters of their own affairs that under the leadership of the Party, the people of China can successfully create a miracle of rapid economic development and long-term social stability that is rare in the world in the process of promoting Chinese modernization. Embodying people’s will, safeguarding people’s rights and interests, stimulating people’s creativity, and ensuring that people are masters of their own affairs with the institutional system have always been the starting point and foothold of developing socialist democracy in China, and are also the distinctive features of Chinese-style modern democratic concept.

  Only extensive and true democracy is a useful democracy. In the process of promoting Chinese modernization, China has developed and formed the whole process of people’s democracy. As an important carrier and way of Chinese modern democratic concept, the whole process of people’s democracy has realized the unity of process democracy and achievement democracy, procedural democracy and substantive democracy, direct democracy and indirect democracy, people’s democracy and national will, and it is a full-chain, all-round and full-coverage democracy, ensuring that the people are the masters of the country can be concretely and realistically reflected in the policies and measures of the party in governing the country, in all aspects and at all levels of the work of the party and state organs, and concretely and realistically. In the whole process of people’s democracy, the people not only have the right to vote, but also have the right to participate extensively; The people can not only fully express their opinions and wishes, but also unite and struggle under the leadership of the Communist Party of China (CPC). People not only have the right to be masters of their own affairs guaranteed by system and law, but also have the right to supervise the operation of power and the relevant system guarantee.

  General Secretary of the Supreme Leader stressed: "Promoting Chinese-style modernization is an exploratory undertaking, and there are still many unknown areas that we need to explore boldly in practice." The whole process of people’s democracy in China is a new thing full of vitality, which is constantly developing and perfecting in practice. We should constantly promote the institutionalization, standardization and proceduralization of socialist democracy, give full play to the characteristics and advantages of China’s socialist democracy, make the Chinese-style modernized democratic concept more convincing, attractive and leading, and make new and greater contributions to the theory and practice of world modernization and the development of human political civilization.

  Ecological view

  Moderator: Please talk about the ecological concept contained in Chinese modernization and its practice, how unique it is in understanding and dealing with major issues such as economic development and ecological protection, and the relationship between man and nature, and what theoretical and practical contributions it has made to the sustainable development of human society.

  Fang Jingyun (Academician of China Academy of Sciences)

  Correctly handling the relationship between man and nature is an important issue that must be faced and solved in the theory and practice of world modernization. In the history of world modernization, whether it is the first industrial revolution with the invention and use of steam engines and textile machines as the core, the second industrial revolution with the invention and use of electric power and motors as the symbol and the rise of heavy chemical industry as the core, or the third industrial revolution with the invention and use of electronic computers as the main symbol and the information technology revolution as the core, including the new round of scientific and technological revolution and industrial transformation, almost every modern development paradigm is based on the exchange of materials and energy with nature. It can be said that what kind of position, viewpoint and method to understand and deal with the relationship between man and nature in the process of modernization embodies this modern ecological view.

  Human society is an important part of the earth’s ecosystem. The earth’s ecosystem, including human beings, realizes self-control and adjustment through a series of feedback processes among the components of biosphere, atmosphere, hydrosphere and soil lithosphere. With the development of world modernization, human activities have become an important factor affecting the material cycle and energy cycle of the earth ecosystem and its evolution direction. The role of human beings in the evolution of the earth’s ecosystem can be positive or negative. Adhering to the correct concept of modern ecology and dealing with the relationship between man and nature according to the structure, function and changing law of natural ecosystem are conducive to realizing the win-win situation of modernization development and ecological environment protection. If we violate the laws of nature, put people above nature, grab resources and destroy the environment at will, it will lead to serious ecological and environmental problems and eventually ruin the whole modernization process.

  Since modern times, most western countries have experienced serious environmental crisis in the process of modernization, which not only caused serious pollution to their own ecological environment, but also brought a series of severe global environmental problems. Among them, although there are some factors that limit the understanding of modernization, the fundamental reason lies in the pursuit of profit maximization with capital as the center of western modernization and the anthropocentrism that regards nature as the carrier for obtaining material wealth. In recent years, although the ecological environment in some western countries has improved, this improvement is based on capital to promote the transfer of high-pollution and high-energy-consuming production capacity at the expense of the ecological environment in other countries, which will only lead to the aggravation of global ecological environment problems and delay or even block the process of world modernization.

  Chinese-style modernization not only has the common characteristics of modernization in all countries, but also has the distinctive characteristics based on its own national conditions. It not only follows the general law of the development of world modernization, but also upholds the correct ecological concept, and requires that the relationship between man and nature be handled well in the process of modernization. Report to the 20th CPC National Congress of the Party put forward: "Chinese modernization is the modernization of harmonious coexistence between man and nature." The harmonious coexistence of man and nature clearly shows the unique ecological view of Chinese modernization. The ecological view of Chinese modernization emphasizes that man and nature are a community of life, and human beings can use and transform nature, but in the final analysis, it is a part of nature, which transcends the anthropocentric view of nature that western modernization puts man above nature. In practice, the ecological view of Chinese modernization emphasizes planning development from the height of harmonious symbiosis between man and nature, and promotes the construction of material civilization and ecological civilization simultaneously by scientifically coordinating all elements of natural system and human society. Practice has proved that Lucid waters and lush mountains are invaluable assets’s ecological environment protection means protecting productive forces, and improving ecological environment means developing productive forces, pointing out a new path to realize the synergistic symbiosis between development and protection, and enriching and developing the theory and practice of world modernization from the dimensions of scientifically handling the relationship between man and nature, development and protection.

  People’s Daily (March 27, 2023, 09 edition)

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Huang Xiaoming’s latest response!

On October 20th, # Huang Xiaoming responded to recent public opinion and boarded a hot search in Weibo. Huang Xiaoming responded to Ye Ke’s recent public opinion and said: It is also very happy to make everyone happy.

On October 19th, Huang Xiaoming took the initiative to respond to the recent ridicule of his girlfriend Ye Ke and him. He said very gracefully: "If my business can make everyone happy, it is also a very happy thing. Life is nothing more than me laughing at others and others laughing at me."

Previously reported

On September 19th, Huang Xiaoming announced his love affair with his girlfriend Ye Ke: Sorry to take up public resources, don’t guess, we are together!

In the past month, Huang Xiaoming’s girlfriend Ye Ke’s remarks frequently caused controversy, including her description of Wu Bai’s song as "obscene" in the live broadcast, and her claim that "I want to marry you today" was a shameful song, which attracted the attention of netizens.

Original title: "Huang Xiaoming’s latest response! 》

Read the original text

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Hohhot Changan Auchan X5 price reduction carnival at the end of the year, the lowest price is 70,900! Not to be missed

[car home Hohhot Preferential Promotion Channel] At present, preferential promotion activities are being carried out in Hohhot market. Among them, the highest discount rate reached 18,000 yuan, which reduced the minimum starting price to 70,900 yuan. Friends who want to buy a car may wish to click "Check the price of the car" in the quotation form and strive for higher discounts.

呼和浩特长安欧尚X5年末降价狂欢,最低售价7.09万!不容错过

Changan Auchan X5′ s exterior design is bold and dynamic, and its front face adopts angular family-style design, showing a strong sporty atmosphere. Its air intake grille adopts a large-size lattice design, which echoes the sharp LED headlight group and creates a highly recognizable visual effect. The overall style is tough and full of strength, the body lines are smooth, and with the low body posture, it shows a strong sports style.

呼和浩特长安欧尚X5年末降价狂欢,最低售价7.09万!不容错过

Changan Auchan X5 has a length, width and height of 4490*1860*1580mm and a wheelbase of 2710mm, providing a spacious interior space. The side lines of the car body are smooth, and the front and rear wheel tracks are 1580mm and 1595mm respectively, which improves the stability and handling of the car. The equipped 225/50 R18 tires complement the fashionable rims and enhance the dynamic appearance of the vehicle.

呼和浩特长安欧尚X5年末降价狂欢,最低售价7.09万!不容错过

Changan Auchan X5′ s interior style is simple and fashionable, and interior materials uses high-quality leather and fabric to provide a comfortable ride. The steering wheel is made of leather and supports manual adjustment up and down, so that the driver can adjust the best driving posture according to his personal preference. The center console is equipped with a 10.25-inch high-definition central control screen with clear interface and convenient operation. In addition, the car is equipped with USB and Type-C interfaces to facilitate charging and multimedia connection. In terms of seats, the main driver’s seat has the functions of fore-and-aft adjustment, backrest adjustment and height adjustment, the co-pilot seat supports fore-and-aft adjustment and backrest adjustment, and the rear seat adopts the form of proportional tilting, further expanding the storage space.

呼和浩特长安欧尚X5年末降价狂欢,最低售价7.09万!不容错过

Changan Auchan X5 is equipped with a 1.5T 188 horsepower four-cylinder engine with a maximum power of 138kW and a maximum torque of 300 N m.. Matching it is a 7-speed wet dual-clutch gearbox, which ensures the smoothness and response speed of power output.

It is indicated that the front row space of Changan Auchan X5 is very spacious, and there is enough space in the head, and the adjustment angles of the front seats are many, making the ride experience very comfortable. The back row is equally spacious and the trunk is enough. Although the space is not very large, it can meet the needs of daily use. As a sporty car, Changan Auchan X5 fully meets his selection criteria, so even if the space is not particularly spacious, there is no problem in using it.

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Guangzhou FAW-Volkswagen CC is on sale with a discount of 55,000 yuan! Not to be missed

[car home Guangzhou Preferential Promotion Channel] Recently, a wave of preferential promotion activities has been ushered in in Guangzhou, with the highest preferential margin reaching 55,000 yuan and the lowest starting price of only 194,900 yuan. The preferential activities are under way. If you are interested in buying FAW-Volkswagen CC, you may wish to click "Check the car price" in the quotation form to get a higher discount.

广州地区一汽-大众CC特价出售,优惠5.5万!不容错过

The design of FAW-Volkswagen CC is very dynamic and elegant. The front face adopts the iconic chrome-plated air intake grille, which blends with the sharp headlights on both sides to create a strong visual impact. The body lines are smooth, showing the sporty atmosphere, and the overall style is both fashionable and stable.

广州地区一汽-大众CC特价出售,优惠5.5万!不容错过

FAW-Volkswagen CC attracts the attention of many consumers with its unique body design and elegant lines. The body size is 4865*1870*1459mm and the wheelbase is 2841mm, which ensures spacious interior space and excellent ride comfort. The side lines of the car are smooth, with a front wheel track of 1586mm and a rear wheel track of 1572 mm. The reasonable design of the front and rear wheel tracks further improves the handling stability and driving experience of the car. The tyre size with 245/45 R18 not only enhances the grip of the vehicle, but also gives it a sporty appearance. The style of the rim complements the design of the whole vehicle, showing the unique charm of FAW-Volkswagen CC.

广州地区一汽-大众CC特价出售,优惠5.5万!不容错过

The interior design of FAW-Volkswagen CC fully reflects its elegant and sporty style. The center console adopts a simple but luxurious layout, equipped with a 9.2-inch central control screen, which supports the voice recognition control of multimedia system, navigation, telephone and air conditioner, making it more convenient for drivers to operate. The steering wheel is made of genuine leather, and it feels delicate. It supports manual adjustment up and down and back and forth, which is convenient for drivers of different heights to find comfortable driving posture. The seat is made of leather /Alcantara mixed material, and the front seat has heating function, and supports multi-directional adjustment and lumbar support, which provides excellent support and comfort for the driver. In addition, the car is equipped with multiple USB and Type-C interfaces to ensure sufficient charging and data transmission requirements.

广州地区一汽-大众CC特价出售,优惠5.5万!不容错过

FAW-Volkswagen CC is equipped with a 2.0T L4 engine, with a maximum power of 137kW and a maximum torque of 320 N m. With the 7-speed wet dual-clutch gearbox, it brings drivers a smooth acceleration experience and efficient fuel economy.

Car home car owners’ evaluation of FAW-Volkswagen CC is: "In terms of cost performance, CC is still acceptable. On the whole, the appearance is beautiful and handsome, and the power is strong and smooth, which is a choice that I think is cost-effective. "

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Global News: Aftershock of Banking Crisis Disturbs the Market. US stocks are mixed. Tesla’s market value fell below 500 billion US dollars.

  On Wednesday, local time, the trend of US stocks was divided. The Dow and S&P were dragged down by the aftershocks of the banking crisis, hitting a four-week low. Microsoft rose more than 7% to push the Nasdaq higher. On the whole, investor sentiment has not improved, and the S&P 500 index has fallen for two consecutive days.

  In the news, the financial report of the First United States Bank rekindled the market’s concerns about the banking crisis. On Wednesday, it was reported that the US government was unwilling to intervene in it at present. In addition, the initial value of durable goods orders in the United States increased by 3.2% in March, far exceeding expectations, and the economy remained resilient, which made the market slightly raise its bet on the Fed raising interest rates by 25 basis points again in June. Higher borrowing costs and uncertain economic prospects are inhibiting capital investment.

  Some analysts pointed out that the situation of First Harmony Bank made some people who expected a soft landing lose some confidence. The current situation is beginning to point to credit contraction, which is not good for banks’ profits and is not good for the economy.

  In addition, the US House of Representatives passed the debt ceiling bill proposed by Speaker McCarthy, but it is expected that it will not be passed in the Senate. The Democratic Party denounced it as "American Default Act", which is bound to aggravate the deadlock between the two parties in avoiding catastrophic American default.

  Overnight, according to S&P global market intelligence, the US five-year credit default swap (CDS) rose to 62 basis points, the highest level since 2011. This has also curbed the market to a certain extent.

  In terms of important news, according to CCTV news, on April 26th, local time, Argentine Economy Minister Felipe Massa held a press conference, announcing that Argentina would stop using US dollars to pay for goods imported from China and use RMB instead. Zou Xiaoli, Ambassador of China to Argentina, was invited to attend the conference.

  Massa said that after reaching agreements with different enterprises, Argentina will use RMB to pay for China’s imported goods worth about 1.04 billion US dollars this month. The use of RMB can accelerate the pace of Argentine imports of goods from China in the coming months, and the related authorization will be more efficient. It is estimated that starting from May, Argentina will also use RMB to pay for goods imported from China with the value equivalent to US$ 790 million to US$ 1 billion.

  On the enterprise side, after the close of trading on Wednesday, American social media and Meta-universe giant Meta platform disclosed the first quarterly report of fiscal year 2023. Among them, the revenue was $28.65 billion, which increased year-on-year again after nearly a year, and was $1 billion higher than expected by Wall Street analysts. Earnings of $2.20 per share were also 10% higher than expected. The company’s revenue forecast for the second quarter is $29.5 billion to $32 billion, and the consensus expectation of analysts is $29.47 billion. Affected by this news, as of press time, the company rose by 11.19% after hours.

  Tesla, the leader of electric vehicles, continued its recent decline, and its market value fell below the $500 billion mark. At present, Tesla’s market value is $495.36 billion, which is lower than the $1.2 trillion it reached in 2021. Tesla has fallen to ninth place in the market value list of US stocks, behind NVIDIA, Meta Platforms and Johnson & Johnson. According to the analysis, investors are increasingly worried that Tesla’s price reduction measures will devour the company’s profits.

  [overnight U.S. stocks]

  Among the large Chinese stocks, Alibaba fell 0.12%, Baidu rose 0.11%, Netease rose 1.57%, Tencent Music rose 1.29% and Pinduoduo rose 0.88%.

  Among the large US technology stocks, Apple fell 0.01%, Amazon rose 2.35%, Google A fell 0.13% and Netflix fell 0.43%.

  [global index]

  [global goods]

  The main contract of WTI crude oil closed at $74.42 per barrel, down 3.44%; The main contract of Brent crude oil closed at $77.77 per barrel, down 3.71%; The main contract of crude oil in the previous period closed at 532.10 yuan per barrel overnight, down 4.18%.

  Overnight, the Shanghai gold main contract closed down 0.13% to 445.08 yuan per gram; The main contract of Shanghai Bank closed up 0.07% to 5601.00 yuan per kilogram.

  [overnight news]

  Argentine will use RMB to settle goods imported from China.

  According to CCTV news, on April 26th, local time, Argentine Minister of Economy Felipe Massa held a press conference, announcing that Argentina would stop using US dollars to pay for goods imported from China and use RMB instead. Zou Xiaoli, Ambassador of China to Argentina, was invited to attend the conference.

  Massa said that after reaching agreements with different enterprises, Argentina will use RMB to pay for China’s imported goods worth about 1.04 billion US dollars this month. The use of RMB can accelerate the pace of Argentine imports of goods from China in the coming months, and the related authorization will be more efficient. It is estimated that starting from May, Argentina will also use RMB to pay for goods imported from China with the value equivalent to US$ 790 million to US$ 1 billion.

  The US House of Representatives passed the debt ceiling bill, and the confrontation between the two parties is expected to escalate.

  On Wednesday, local time, the US House of Representatives passed the debt ceiling bill, which won a victory of great political significance and aggravated the deadlock with the White House on avoiding catastrophic US default. The voting result was 217 votes in favor and 215 votes against. Schumer, the leader of the Senate Majority Democratic Party, called the Republican bill a "DOA" bill. He announced that the bill was "death on arrival" and Biden said that he would veto the case, but the passage of the bill in the House of Representatives may trigger discussions with the White House. According to S&P global market intelligence, the five-year credit default swap (CDS) in the United States rose to 62 basis points, the highest level since 2011.

  US durable goods orders in March were 3.2% better than expected, but core capital goods orders declined.

  Boosted by Boeing’s new orders, non-defense capital goods increased by 10.4% month-on-month, and orders and shipments of non-defense capital goods decreased by 0.4% month-on-month.

  Cloth oil fell nearly 4%, giving back all the gains since OPEC+ cut production.

  Some commentators believe that the current decline in oil prices shows that OPEC+ has "foresight" in reducing production at the beginning of the month, but some analysts believe that with the strong demand in the second half of the year and the shortage of crude oil market, the international oil price is expected to exceed the $90 mark.

  [company news]

  The aftershocks of the banking crisis continued for the first time, and the market value of banks fell below $1 billion.

  The market value of the First Total Bank fell below $1 billion, down nearly 40%. Earlier, sources said that the US government is unwilling to take intervention measures against the First Total Bank at present. Due to the delay in the appearance of the white knight, the rating of the First Total Bank may be downgraded by the FDIC, or its use of the Federal Reserve’s emergency loan instruments may be limited.

  Meta’s revenue unexpectedly reversed in the first quarter and fell for three consecutive quarters. Zuckerberg said that AI and Meta Universe should pay attention to both.

  In the first quarter, Meta revenue increased by 3% year-on-year, while EPS profit decreased by 19%, far below the expected decrease of 26%. Advertising revenue and App revenue increased instead of falling, and Facebook’s daily activity exceeded 2 billion, exceeding expectations and hitting a new high; Meta Cosmos’s business income has halved, with the decline far exceeding expectations, and the loss has exceeded expectations and expanded to $4 billion. Meta expects the loss to expand this year. Meta’s revenue guidance for the first quarter was higher than expected, and the high-end cost guidance for the whole year was lowered by $3 billion. The cost included at least 3 billion restructuring costs such as layoffs. The capital guidance for the whole year remained unchanged, which would increase AI investment. Zuckerberg said that AI promoted App and business to achieve good results, focusing on both AI and Metauniverse.

  The biggest acquisition in the history of the game industry may be yellow: British regulators oppose Microsoft’s acquisition of Blizzard.

  Microsoft’s $69 billion acquisition of Blizzard may be cool. The UK Competition and Market Authority, the UK’s top regulator, issued a statement opposing Microsoft’s acquisition of Activision Blizzard on the grounds that the transaction damaged the competition in the cloud game market. Both Microsoft and Activision Blizzard said they would appeal the decision, but professionals believe that it is unlikely to succeed.

  Here comes the substitute for ChatGPT: HuggingChat claims to be comparable to GPT-3.5.

  Hugging Face, the AI community, released HuggingChat, a chat robot, which is based on the LLaMA model with 30 billion parameters and is called the "open source Android App Store". HuggingChat is not only open source, but also free. You can chat with HuggingChat by clicking on the webpage.

  [financial calendar]