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Behind the story that the child was driven thousands of miles by his bullying father, both sides of the incident were left-behind teenagers

Cctv news(Reporter/Li Dongxu) On May 14th, Mr. Yang, who works in Xuzhou, Jiangsu Province, released a video saying that his children who went to school in Longxian County, Baoji City, Shaanxi Province were bullied at school and were asked for cigarettes and money by two students. "The children were beaten when they refused to give them. Now if they don’t want to go to school, they have to go home." Mr. Yang, the parents of the students, told the reporter of CCTV News+that after learning about the incident on the afternoon of the 13th, he took his wife to drive more than 1,200 kilometers from Xuzhou, Jiangsu Province to the school overnight. "The child is in the graduating class, in the third grade, and there will be a senior high school entrance examination in less than a month. This happened at this stage, and I am definitely anxious as a parent. "

On the afternoon of 14th, the reporter of CCTV News+contacted Longxian Education and Sports Bureau and Longxian Public Security Bureau respectively, and the staff said that the matter was being handled, and the results would be released soon. On the 15th, Mr. Yang told reporters that the matter had been solved and he was satisfied with the final result of the school. "The two violent students are still in the compulsory education stage because they are minors, and they have retained the qualification for the senior high school entrance examination. They are required to study at home before the senior high school entrance examination; At the teacher-student meeting of the whole school, I publicly apologized to my children and compensated for the medical expenses caused by the beating. " Mr. Yang said that there was still less than a month before the senior high school entrance examination, because he didn’t want to delay the future of these two children (violent students), he didn’t take legal measures against them and accepted the handling opinions given by the school.

"The child has been attending classes normally in the classroom today." Vice President Liang, who is in charge of the school’s teaching work, told the reporter that the parents of both sides reached an understanding after consultation. "The school will strengthen education in the future, especially for some problematic students to conduct peer-to-peer follow-up education to ensure that these students’ behaviors are controlled. After the incident, the school actively handled it, did the work of both parents, and took admonition education for the violent students to appease the violent students. "

Vice President Liang added that the school is a boarding middle school, and both students in this incident are left-behind teenagers. "80% of the students in the school come from mountain villages, and there are many left-behind children, left-behind students and children from single-parent families. Their parents have been away for a long time and their family education is not in place. To solve this problem, the school will ‘ Make up lessons ’ , make up for the class where family supervision education is not in place. "

Mr. Yang also told the reporter of CCTV News+that he and his wife have been working in Xuzhou, Jiangsu, thousands of miles away all the year round, and their children have been living with their grandparents in their hometown of Longxian. "This is an important reason why children are more shy and introverted. My family education for children is lacking." Mr. Yang admitted to the reporter that because he went out to work, he neglected his children’s psychological needs and family supervision to some extent.

"The two violent students are also left-behind teenagers. Their families are all in mountainous areas. Their parents have been working outside for a long time and their family conditions are not superior." Vice President Liang said that the school held a special meeting on the morning of 15th to study this issue, and the next step will be to strengthen the management of these children, ensure the smooth progress of students’ study, and provide psychological counseling and further education for left-behind students with long-standing problems.

CCTV News+reporter found that on February 4, 2016, the State Council issued the Opinions on Strengthening the Care and Protection of Rural Left-behind Children, which arranged and deployed the care and protection of rural left-behind children, and pointed out that it is an important and urgent task to further strengthen the care and protection of rural left-behind children and create a better environment for the healthy growth of rural left-behind children. According to the education statistics released by the Ministry of Education in August 2023, the number of left-behind children in rural areas in the compulsory education stage in 2023 is 15.5056 million.

"Next, we are going to hold parent-teacher meetings for problem students and students who have had bad behaviors, strengthen the joint education between families and schools, and slowly correct these students’ problems so that they can become good students." Vice President Liang said.

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A new drama of Central China! Hometown of the Stars starts tonight.

　　Directed by Wang Fei and Xu Chao, written by Zhang Pengliang and Song Jing, starring Feeling Pan, Xu Yang and Jacky, and starring Wang Jinsong, Ruth, Xiong Ruiling, Guo Jinglin, Yi Yongming, Liu Boxiao, Huo Qing, Shuaihang Sun, Ma Yue and Li Mengnan, the TV series "Hometown of Stars" will be broadcast on CCTV-1 at 8 o’clock tonight.

　　"Orchard under Helan Mountain is completed, and Jiangnan in the north of Saibei is famous in the past".The history of grape cultivation in the eastern foot of Helan Mountain in Ningxia can be traced back to the Sui and Tang Dynasties, and it has been more than 1,600 years. It is one of the most suitable golden areas for growing wine grapes and producing high-quality wine in the world.

　　The TV series "Hometown of Stars" is based on the revitalization of the wine industry in China, and looks around the world. With touching brushstrokes and gripping storylines, it vividly tells the story of Ningxia, China wine producers actively going abroad, communicating with the world and innovating with the open, inclusive, positive and confident image of China industry in the new era.

　　The story begins on the eve of the 2008 Olympic Games. When Ouyang Yixing’s musical dream came true, her father Ouyang Bin was suddenly hit by a car accident, and the family winery was in crisis. At the same time, Qi Lu, a young winemaker, came to Ningxia with a dream to face challenges with Ouyang Yixing and grow together on the difficult road of entrepreneurship.

　　The galloping Yellow River, the vast desert Gobi and the boundless Helan Mountain … The play not only shows the unique natural scenery and profound cultural heritage of Ningxia, but also shows the open, inclusive, positive and confident image of China industrialists in the new era through the stories of the protagonists. They overcame difficulties and led the villagers to common prosperity, showing the spirit of the younger generation bravely pursuing their dreams in the wave of the new era.

　　In order to truly present the development status of the wine industry, the team of "Hometown of Stars" has done a lot of field research work, from grape planting to wine-making skills to tasting process, striving for accuracy and professionalism. While watching the drama series, the audience can also learn more about the charm of the wine industry.

　　The first smell may not be mellow, and the fine products are a little sour. But just as life is full of flavors, it will eventually come back.

　　Hometown of Stars is not only a touching TV series, but also a deep tribute to the wine industry in China in the new era.

　　Eight o’clock tonight

　　Lock CCTV-1

　　TV series "Hometown of Stars"

　　Coming soon

　　Chief producer Liang Hong Xia Xiaohui

　　Supervised by Yang Chunguo and Zhao Yingxin

　　Editor-in-Chief Yang Chang Wang Caizhen　　

　　Editor-in-Chief Li Hongye

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In 2023, the second inspection team of the State Council to promote high-quality development comprehensive supervision came to Tianjin to carry out supervision.

　　(Reporter Mi Zhe, Zhou Zhiqiang, Yu Chunfeng) According to the unified deployment of comprehensive supervision to promote high-quality development in the State Council in 2023, the second inspection team came to Tianjin to carry out supervision. On November 9th, Chen Miner, secretary of Tianjin Municipal Party Committee, Zhang Gong, deputy secretary of Tianjin Municipal Party Committee and mayor, met and communicated with Cong Liang, head of the inspection team and deputy director of the National Development and Reform Commission. Subsequently, Cong Liang presided over the matchmaking meeting and made a speech, Zhang made a statement on his work, and Liu Guiping, member of the Standing Committee of Tianjin Municipal Committee and executive vice mayor, reported the relevant situation. Wang Lijun, member of the Standing Committee of Tianjin Municipal Committee and Secretary General of Tianjin Municipal Committee, attended.

　　Chen Miner and Zhang Gong, on behalf of Tianjin Municipal Party Committee and Municipal Government, welcomed the inspection team and its party to Tianjin to supervise and guide the work. Chen Miner said that since the beginning of this year, we have thoroughly studied and implemented the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, conscientiously implemented the series of important instructions of the General Secretary of the Supreme Leader on Tianjin’s work, made the spirit of the Party’s Twentieth Congress operational, concrete and practical, and organized and implemented the "Ten Actions" to promote the coordinated development of Beijing-Tianjin-Hebei, strengthen the city with talents through science and education, and integrate the development of Hong Kong’s production city, and made efforts to revitalize the stock, cultivate increments, improve quality, better coordinate development and safety, and effectively prevent and resolve them. The inspection team’s visit to Tianjin is a powerful supervision and guidance for our city to implement the decision-making and deployment of the CPC Central Committee, improve and upgrade the work, and will play an important role in promoting our complete, accurate and comprehensive implementation of the new development concept and promoting high-quality development. Tianjin will further improve its political position, actively cooperate, consciously accept supervision, take seriously the problems pointed out by the inspection team and seriously rectify them. I hope that the inspection team will give more valuable advice and help Tianjin do all the work better.

　　Cong Liang introduced the significance, overall arrangement, working methods and disciplinary requirements of this inspection at the matchmaking meeting. He pointed out that the purpose of this inspection is to thoroughly implement the spirit of the important speech and important instructions of the Supreme Leader General Secretary, implement the important deployment of Premier Li Qiang, promote the spirit of the 20 th Party Congress and the decision-making arrangements of the CPC Central Committee on high-quality development, and focus on building a high-level socialist market economic system, building a modern industrial system, focusing on expanding domestic demand, comprehensively promoting rural revitalization, promoting high-level opening up, ensuring and improving people’s livelihood, and at the same time, inspecting and understanding the coordinated development of Beijing-Tianjin-Hebei, promoting green development such as carbon neutrality in peak carbon dioxide emissions, and prevention. The inspection team will take the form of discussion, unannounced visits and special investigations, highlighting the combination of supervision and adjustment and the linkage of supervision and service, promoting the solution of outstanding problems and difficulties that restrict high-quality development, studying and putting forward opinions and suggestions on improving policies and measures, and injecting new kinetic energy into high-quality development.

　　Zhang Gong said that since the beginning of this year, we have adhered to the guidance of the Supreme Leader’s New Era Socialism with Chinese characteristics Thought, thoroughly implemented the spirit of the 20th Party Congress, solidly implemented the "Ten Actions" to promote high-quality development, effectively responded to multiple challenges, and made overall plans to grasp multiple goals. The foundation of the city’s economic stability has been continuously consolidated, the momentum of progress has been continuously accumulated, and good expectations have been continuously enhanced. The State Council inspection team came to Tianjin for inspection and guidance, which showed its concern and support for Tianjin’s work. It was not only a comprehensive "physical examination", but also an important opportunity for us to improve our work.

　　We must earnestly improve our political stance, accurately grasp the central strategic intention, fully support and cooperate, persist in seeking truth from facts, and conscientiously sum up our shortcomings. We will sincerely accept the problems and opinions found in the inspection, accept them in full, establish reforms, strengthen the long-term mechanism by analogy, and further promote the implementation of major decision-making arrangements of the CPC Central Committee and the State Council.

　　Members of the inspection team, Secretary-General of Tianjin Municipal Government and responsible comrades of relevant municipal departments attended.

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＂Elephant dances hip-hop and panda becomes online celebrity＂, watching the new development of media integration.

　　CCTV News:In the land of abundance at the end of May, the weather was slightly cool, and a little drizzle seemed to wipe out old ideas and look forward to new sparks of ideas.

　　The 7th China Internet Audio-visual Conference was held in Chengdu from May 27th to 29th. 40 major summits and forums were held in three days. On the stage, 400 big coffees from all walks of life in Industry-University-Research appeared to tell their "martial arts experiences"; Under the stage, more than 6,000 guests from 2,000 institutions attended the meeting, showing their unique weapons … …

　　The world trend is vast, and the trend of informatization is unstoppable, which brings challenges and opportunities to the development of media integration today.

　　In the face of challenges, emerging media should take the lead, and traditional media should catch up, so that giant elephants should learn to dance flexibly; Faced with opportunities, emerging media are chasing after them. Traditional media should use their comparative advantages to create their own characteristics and brands, and make the national treasure panda a world-famous online celebrity.

　　At this China Network Audio-visual Conference, seven guests discussed "All-media expression and ecological qualitative change of integration", and five guests discussed "‘ Living water ’ " Answer each other, a media convergence development summit will take you to fully understand the new actions of media convergence development from "guidance is the soul", "mobile is the first", "content is king" and "innovation is the most important".

　　Adhere to the guidance as the soul and promote the development of media integration

　　The ancients said: "Articles are written in time, and songs and poems are written for things." The so-called "for the time" and "for things" is to grasp the pulse of the times and record people’s lives. Media, the product of the development of the times, is also the need of people’s life. Since its birth, it has assumed its unique historical mission.

　　什么是正确的导向？2019年新中国成立70周年、五四运动100周年，为祖国庆生、为青年喝彩；2018年改革开放40周年，交流各地改革经验、传播改革人物事迹；每年全国“两会”期间，报道代表委员声音、传递人民群众心声……这些作为，就是媒体融合发展需要坚持的正确导向。

　　今年是新中国成立70周年，央视网将倾力呈现国家广播电视总局、中央广播电视总台联合主办的大型全媒体活动《歌唱祖国·一首歌一座城》，活动选取70首代表不同城市的歌曲，共同唱出伟大祖国70年的美好之音！

　　正是坚持导向为魂，央视网得以佳作频出。2017年，短视频作品《公仆之路》，采用一镜到底的方式，在5分26秒内漫游48年时光，再现习总书记的公仆历程；移动直播作品《“天舟一号”发射任务VR全景直播》，采用近距离VR直播方式，尽显火箭发射那一刻的强烈视觉冲击，给用户带来沉浸式的观看体验。这两部作品获评第二十八届中国新闻奖一等奖，同时，网页设计作品《央视网零首页十九大特别报道矩阵设计》也获评当年中国新闻奖特别奖。

　　At this China Internet Audio-visual Conference, CCTV’s new work "The Supreme Leader of the People’s Congress performs his duties" and "We are all dreamers" were selected as "Excellent Internet Audio-visual Works of 2019" by the State Administration of Radio and Television.

　　Guangming Daily has also set up a "Bright Story" studio, which is not only closely related to national affairs, but also deeply involved in the field of science, technology, education and culture, and has produced many high-quality works that pay tribute to the great motherland, famous masters and talented craftsmen. Lu Xiangao, deputy editor-in-chief of Guangming Daily and chairman of Guangming. com, said: "This has inherited the political stance, narrative angle, brushwork and expression of Guangming Daily, and has the transformation from traditional media to new media ‘ Guangming ’ The taste is an extension of the traditional reporting method gene. "

　　Adhere to mobile first and promote the development of media integration

　　In the "2019 China Internet Audio-visual Development Research Report" officially released by this China Internet Audio-visual Conference, as of December 2018, there were 725 million Internet video users in China, accounting for 87.5% of the netizens. Among them, the average mobile Internet user spends about 5 hours and 40 minutes surfing the Internet every day, which is about 1 hour more than that at the end of 2017. Mobile Internet access has become an increasingly popular way for Internet users.

　　Today’s society has developed from "no video, no communication" to "no video, no life", and it is expected to become "no video, no business" in the future and formally enter the "big video era"

　　Qian Wei, Party Secretary and Chairman of CCTV International Network Co., Ltd. (CCTV), said in his speech: "From ‘ Video priority ’ Turn ‘ Full video ’ , open up big videos and small videos, and connect big screens and small screens. " Through the development of media integration, users can switch smoothly and choose freely between multiple screens, so as to achieve "thousands of households and thousands of faces" and respect and meet the diverse needs of users to the greatest extent.

　　Adhering to the development strategy of mobile priority is fully reflected in many successful experiences of media integration development.

　　Qiao Xiaoyan, president of Huashu Media Holdings Co., Ltd. from Zhejiang, said that Huashu’s media development actively opened up channels and expanded the scale of users. While serving 100 million Internet TV users nationwide and 100 million computer users every month, it also covered 56 million mobile TV users.

　　Zhu Haofeng, deputy director of Hunan Radio and Television Station, said that Hunan Radio and Television Station firmly grasped the initiative, control and dominance, and built a mobile communication matrix. Its representative product "Mango TV" has been downloaded and installed more than 735 million times.

　　The "Ai Anji" application program (APP), the representative of county-level media integration, has tasted more sweetness in the process of making full efforts to build media integration mobile terminals. Song Huanxin, director of Zhejiang Anji News Group, believes that "the construction of county-level media platforms must be mobile and mobile." In Anji, there are 460,000 permanent residents in the county, and more than 200,000 people have downloaded the "Ai Anji" APP, with an average daily activity of about 40%, which not only meets the government needs of residents such as water supply and power supply, but also meets people’s life needs such as eating, drinking and having fun.

　　Insist that content is king and promote the development of media integration

　　"You can’t get lost in the jungle of new technology. You must stick to the initial intention of the mainstream media. Technology can only determine the speed of running. Only the initial intention and values can determine how far and how long you can run; We should not only take user inspection as the standard, but also go out of ‘ Flow only ’ The misunderstanding. "

　　At this China Internet Audio-visual Conference, the "jungle misunderstanding" mentioned in Qian Wei’s speech not only pointed out some hidden problems in today’s media development, but also cleared the roadblocks for media integration and development to embark on the right path.

　　Around the theme of "content", in the agenda of the Media Convergence Development Summit, the organizer specially set up a "round-table dialogue: injecting content ecology ‘ Living water ’ " Activities, invited a number of media representatives to speak interactively and express their opinions.

　　Lin Yuhong, deputy editor-in-chief of China Youth Publishing House, firmly believes that "the advantage of traditional media lies in content." China Youth Publishing House, whose predecessor was China Youth Magazine established in October 1923, grew up with the May 4th Movement and has a history of 96 years. Its periodicals "Youth Digest" and "Youth Literature" have been widely praised by readers.

　　In the era of media integration and development, China Youth Publishing House will continue to "tell the story of young heroes, tell the story of youth innovation, tell the story of youth struggle and tell the story of youth growth", and lead the growth of a new generation of young people with good stories and high-quality content.

　　Xu Lijun, executive director and general manager of CCTV Market Research, made suggestions on the development of media integration from the content evaluation mechanism. He believes that "it is necessary to improve the algorithm logic and reshape the evaluation mechanism." Looking at the development of the world media, large foreign video websites have begun to take the effective "playing time" as an important reference standard for video recommendation instead of the "playing amount" of a single click. There are also domestic websites that start to adopt "sharing" times as the reference standard of video recommendation … … These new initiatives in the industry have consistently seen the shortcomings of the "data-only" approach. As Xu Lijun said in his speech: "The current algorithm is to let you know more about what users want to know, but ignore what users should know."

　　The findings in the 2019 China Research Report on Internet Audio-visual Development are highly consistent with the views of the guests present. The survey shows that better short video content and creators will be the important factors leading the development of short video in the future.

　　Insist on innovation and promote the development of media integration

　　Grasping innovation means grasping development, and seeking innovation means seeking the future. Where is the future of media convergence? It is innovation!

　　Nowadays, media convergence is catching up with the "5G+4K+AI" technology update express. On May 21st, Iflytek, a well-known domestic information technology company, joined hands with CCTV to launch a smartbook Youth Edition. The media hand in hand with "AI" to let users get smarter and better news content services in the interactive experience.

　　At the summit, Shen Jiangying, vice president of Xinhuanet, predicted that "5G technology will redefine the future of media". In his view, 3G technology gave birth to Weibo and WeChat, and 4G technology gave birth to Tik Tok and other short videos. When 5G technology really comes, with the support of new technologies, users will greatly improve their network services in terms of time, space and media.

　　Tang Weihong, director and vice president of People’s Daily Online, also said in his speech, "The mainstream media must keep sensitive to technology, keep up with the technological frontier, take innovative technology as the driving force for the development of the industry, and constantly innovate media products and expressions."

　　Under the background of technological innovation, emerging media should take the lead, and traditional media should also shift gears to speed up. However, the relationship between traditional media and emerging media is not a substitute, but an iterative relationship; It’s not who is in charge, but who is in charge; It is not who is strong or weak, but the advantages complement each other.

　　Lu Gan, director of Shandong Radio and Television Station, believes that, like Shandong Radio and Television Station, although the technology and equipment are not outdated for many years, the content of production does not match the technology and equipment. Therefore, he said, "Under the current technological development environment and conditions, media integration must be coordinated and integrated with all resources and forces."

　　In addition, from the "makeover" of traditional media to the cover news of emerging media, The Paper also issued a stronger "voice of innovation". Zhou Qi, executive editor-in-chief of cover news, said that "cover news" should be fully video-based. Sun Jian, deputy editor-in-chief of The Paper, said that "The Paper" will also strive to create more independent high-quality video works.

　　The development of media integration is a big article, and it should be a good article. The ideological collision brought by the 7th China Internet Audio-visual Conference will stir up more sparks for the future development of media integration, which will not only ignite the vigorous power of the development of the media industry, but also the brand-new vitality of the majority of netizens’ information life. (Reporter Qian Jingtong)

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What do American audiences like best？ Netflix announces annual film and television drama list

Stills of the third season of Strange Tales

1905 movie network news Recently, Netflix, the American streaming media giant and the world’s largest paid video website, announced the top ten most watched dramas and movies in the United States in 2019.

The film ranked first is a comedy film directed by Kyle Newacek and starring Jennifer Aniston and adam sandler, and Ghost Attack ranked second and third respectively.

Stills of the movie Murder Mystery Cloud

The first place on the TV series list is still the third season of Netflix’s ace original TV series "Strange Tales", which was created by the original crew of "Strange Tales" and premiered on Netflix on July 4, 2019. It was broadcast for four days and was watched by more than 40.7 million people, making it the most watched drama in the first four days of Netflix.

The new drama "The Devil Hunter", which premiered on December 20, 2019, ranked second in the TV series list once it was launched, and its strength should not be underestimated. In addition, the second season of the popular drama Sleepless Bookstore, Umbrella Academy and Unbelievable are all on the list.

Stills of TV series "The Devil Hunter"

The most popular TV series of Netflix in the United States in 2019:

1. The third season of Strange Tales

2. The Devil Hunter

3. Umbrella Academy

4. insensitive

5. Sleepless Bookstore Season 2

6. Colored glasses

7. Unbelievable

8. Sex Study Room

9. The Third Season of Thirteen Reasons

10. "Dion with Super Power at Home"

Netflix’s most popular movies in the United States in 2019:

7. Robber

10. Secret Love Cry

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In the past 100 days, these 20 China companies have become unicorns.

Original IT Oranges IT Oranges are included in the topic # Unicorn 36

Source: IT orange

As a new economic venture capital database, IT Orange keeps track of the emergence and development of China Unicorn Company. We also found some unlisted companies with a current valuation of $1 billion after a new round of financing in Q2.

In Q2, 2021, 20 enterprises in China have become new unicorns with a valuation of more than $1 billion after financing.

Most of them were founded in 2012-2016, and they were born in the rise of the mobile Internet and gradually ran out in various fields; The oldest echelon has Riel Dentistry in 1997, Beisen and Dragonfly FM established in 2002, and the youngest is Fiture boiling technology, an intelligent fitness mirror, and Simou technology, an ——AI vision technology service provider, which was established in 2019. The financing has always been rapid, and the journey from its establishment to 1 billion US dollars has gone very fast.

From the perspective of industry classification, there are five medical/pharmaceutical-related enterprises, including Ruier Dentistry (clinic), Baiao Saitu (pharmaceutical company), Ruike Bio (pharmaceutical company), pharmacists’ gang (pharmaceutical marketing) and Dangdang Express Medicine (O2O distribution); There are five enterprise service industries, including Beisen (SaaS of human resources), Huizhang (fiscal and taxation services), Piaoyitong (SaaS of bills), Aibee (creating AI solutions for offline spaces such as airports, scenic spots, shopping malls, bank outlets, and automobile 4S shops) and Simou Technology (AI Vision); There are two related to automobile manufacturing, namely, Hesai Technology and Zongmu Technology; There are also two blockchain projects, namely Amber Group and Fun Chain Technology.

Some new unicorn cases are interpreted as follows:

Extreme Rabbit Express: The Express Industry "showstopper"

Extreme Rabbit Express originated in Indonesia and was founded in 2015 by Li Jie, founder and former CEO of OPPO Indonesia. In Indonesia and Southeast Asia, J&T Express started with e-commerce express, and OPPO is also one of its biggest customers. In just two years, J&T ranked second in the Southeast Asian market and first in the Indonesian express delivery industry.

In March 2020, Polar Rabbit Express announced its entry into the China market. Through Long Bang Express, an established domestic express delivery company, Extreme Rabbit Express obtained the qualification to engage in domestic express delivery business. With the help of the national distribution network system of OPPO and VIVO mobile phones, Extreme Rabbit Express has rapidly developed into a franchise agent in provinces and cities all over the country, and has become the official recommended courier partner of Pinduoduo, an e-commerce giant in the sinking market in China. Pinduoduo’s community group purchase "Buy more vegetables" distribution business was handed over to Polar Rabbit.

As a new entrant, Extreme Rabbit entered the market at a low price, which disturbed the price order in the express delivery market, opened the prelude to the price war in the e-commerce express delivery industry in China, and quickly won market share. It took only 10 months to get online, and the average daily business volume of Polar Rabbit exceeded 20 million. In January 2021, the daily order volume of Polar Rabbit was stable at 20-25 million. It took more than ten years for Tongda Department to achieve this goal.

Although it has won the scale and share, it is normal to lose money and burn money. Li Jie also said that he was prepared to lose money for two years. In order to cope with the loss, Extreme Rabbit began to strengthen cost control and optimize the financial model. In March this year, Extreme Rabbit gave up the previous business model of "self-management as the mainstay, supplemented by joining" and fully liberalized the scope of joining. At the same time, it actively introduced new employers. In April, Extreme Rabbit Express completed a financing of $1.8 billion, with Boyu Capital leading the investment of $580 million, Sequoia Capital and Gaoyao Capital simultaneously investing, and the company’s post-investment valuation reached $7.8 billion.

Beisen: Integrated HR SaaS Cloud Platform

Beisen was founded in 2002 and has been focusing on the human resources industry for nearly 20 years. At present, Beisen has the leading integrated HR SaaS and talent management platform iTalentX in China. The product modules mainly involve talent solutions (competency model, talent evaluation, etc.), basic human resources software (personnel files, salary, attendance, employee service), talent management modules (recruitment, employment, training, performance, succession, etc.) and PaaS cloud platform, which can provide customers with all-round, integrated and end-to-end overall solutions for the human resources industry.

According to IDC data, the domestic HR SaaS industry market is relatively scattered, with the top four industries accounting for about 50% of the market share, among which Beisen’s market share has ranked first for many years since 2016. Beisen has set up R&D centers in Beijing, Shanghai and Chengdu, and 17 molecular companies have spread all over the country, with more than 600 R&D personnel and more than 1,500 employees. The company’s customers cover finance, automobile, real estate, Internet, new retail and other industries, including more than 6,000 medium and large enterprises such as China Life Insurance, China Merchants Bank, Alibaba, JD.COM, Haier, Marriott and Chain Home.

In May 2021, Beisen announced the completion of the $260 million Series F financing, which is the largest financing amount of the HR SaaS track so far. This round of financing was jointly invested by Softbank Vision Fund Phase II, Goldman Sachs, Chunhua Capital and Fidelity International, and the old shareholders Jingwei China, sequoia capital china, Yuansheng Capital and Shenzhen Venture Capital followed suit. Beisen’s post-investment valuation reached US$ 2.08 billion, and it was successfully promoted to unicorn. The company is expected to go public next spring.

Ji Weiguo, co-founder and CEO of Beisen, believes that all aspects of business and data involved in the digital transformation of enterprise human resources are a long chain. Beisen focused on the polishing of integrated HR SaaS, and finally realized the unique value positioning and leading edge of "integrated × low code platform", breaking the long-standing situation of "separation" of HR single product software.

FITURE/ Boiling Technology: AI+ Hardware Empowers Family Fitness

FITURE, a science and technology fitness service company, was established in 2019. In the past two years, it has received four rounds of financing, the latest round of which was a $300 million Series B financing in April this year. The investors included Sequoia Capital China, Tencent Investment, Jinshajiang Venture Capital and many other first-line VC institutions. The company’s post-investment valuation is $1.5 billion, ranking among the new unicorns.

The three co-founders of FITURE have extraordinary qualifications. Tang Yuxi, a master’s degree in computer science from Harvard University, once served as the global strategy leader of PlusAI of Zhijia Technology and former Baidu AI algorithm engineer; Fu Qiang, co-founder and CTO, graduated from Tsinghua University with a master’s degree. He worked in foreign companies such as Google, Yahoo and Amazon, and then resigned from Tencent. CEO Tang Tianguang was the co-founder of the truck gang and the chairman of the technical committee of Manbang Group.

FITURE focuses on modern home intelligent fitness scenes. The core product of its research and development is an intelligent fitness mirror FITURE, which integrates fitness courses and AI interaction into the mirror through the combination of software and hardware, and is committed to using AI and visual recognition technology to assist and correct the user’s movement posture in real time, and to encourage users to stick to fitness by combining product design (such as visual mirror with self-psychological suggestion) and operation (gamification and socialization).

According to official website, FITURE has released the exclusive version and the flagship version of Magic Mirror, with market prices of 3,999 yuan and 7,800 yuan respectively. The official sales channels are Tmall, JD.COM and WeChat applet mall, all of which are e-commerce channels. At the same time, the company also introduced FITURE custom-made fitness accessories, including yoga mats, yoga bricks, elastic belt, etc., and the price is from 99 yuan to 399 yuan.

In addition, in order to better promote products, FITURE has successively opened 13 offline experience stores through cooperation with offline fitness equipment dealers and professional sportswear brand stores (such as Disante), covering cities including Beijing, Shijiazhuang (North China), Shanghai, Nanjing (East China), Changsha (Central China), Guangzhou (South China) and Chengdu (Southwest China).

The investment and financing analysis report of Q2 new economy in 2021 will be released tomorrow, so stay tuned!

Click [Read the original] at the end of the article to go directly to the unicorn real-time list.

Original title: "In the past 100 days, these 20 China companies have become unicorns."

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Zhu Xiaotian Lan Yan romantic ＂love-seeking trip＂ lovely daughter steals the camera.

1905 movie network news Love art cinema’s Blue Goldfish was released on June 4th this year. The film co-stars Taiwan Province idol Zhu Xiaotian and Hong Kong popular sexy actress Lan Yan, and they will have a "love-seeking journey" in the legendary love holy land.

In this "love-seeking journey", in addition to Zhu Xiaotian, a former member of F4, and Lan Yan, the "3D" goddess, the performance of the youngest daughter in the film is also very stealthy. In addition to cuteness and cuteness, the little girl plays the role of "guide" for Lan Yan and Zhu Xiaotian in the film. Perhaps it is because adults’ life is too complicated and they gradually lose their original purity when dealing with feelings, so by contrast, daughters’ views on things and life will be more valuable.

Pursue pure love

When you are overwhelmed by real life, have you ever wondered how long you haven’t tasted true love? Nowadays, those love movies in the cinema are full of dramatic stories. It seems that on the screen, love is already a vigorous carnival. However, is love really like this in reality?

In The Blue Goldfish, LAM Raymond (Zhu Xiaotian)’ s wife died, and on her deathbed, she left a mysterious box. With the guidance of the box, LAM Raymond went over the mountains to Caohai and met different people, different things and their love. There are women who fall in love with a bunch of blue walls, and there are also crazy babblers … … These people all have one thing in common — — Lost in love.

Just like a dream, a lot of scenes in the film are full of magical colors, and hazy smoke hangs over the protagonist and his party, who wander forward in the sea of grass. Dream is a silent world, and on the grass sea of Blue Goldfish, there is smoke and no noise, just like in a dream. Zhu Xiaotian and Lan Yan met, met, knew each other and fell in love in a dreamlike place. Sometimes love is really like a dream. You don’t know how you suddenly fell in love with someone, and you don’t know how you got together with him, but it is this hazy feeling that can make people feel incomparable joy and happiness. Perhaps this is pure love.

Daughter as a "guide"

In The Blue Goldfish, we can see people who have lost themselves in love, constantly struggling, constantly resisting, and constantly obsessed with it. Those people indulge in lost feelings. Aren’t these just like LAM Raymond who lost his wife? Although they are all different and have their own stories, they are all controlled by love and cannot escape. In the face of new feelings, they will waver, fear, and fear, thus losing their innocence of love.

In the film, what is the clue left by his wife for Lin Feng? Do you want LAM Raymond to get out of this predicament? In the process of getting along with her daughter, her maturity is far beyond our imagination, and her daughter has become the key to the whole film. She can be said to be the "guide". Perhaps it is because adults’ thoughts are too complicated that they are trapped in them. And the simple world of children, plus the status of staying out of it, will see it so clearly.

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＂The absence of the United States from RCEP to CPTPP and then to DEPA is an inevitable result.＂

The website of the Ministry of Commerce reported on November 6th that according to the person in charge of the International Department of the Ministry of Commerce, China is ready to implement the Regional Comprehensive Economic Partnership Agreement (RCEP), which can ensure the full performance of its obligations when the agreement comes into effect. Not long ago, on November 2, the ASEAN Secretariat, the custodian of RCEP, issued a notice that RCEP has reached the threshold for the entry into force of the agreement and will come into force for ten countries including China on January 1 next year.

What does RCEP mean for China? Why is China still applying to join CPTPP when it has RCEP? Why did the absence of the United States make the signing of the agreement run more smoothly? Does this mean that a new world pattern is taking shape?

The Governor of Chang ‘an Street and Chongyang Financial Research Institute of Renmin University of China (WeChat WeChat official account: Chongyang of the National People’s Congress) launched the "Key Knowledge" column, and this issue interviewed Liu Ying, a researcher at Chongyang of the National People’s Congress and director of the cooperative research department.

Core summary

1. The entry into force of 1.RCEP is of great significance to China. We will see the chemical reaction, superposition effect, driving effect and radiation effect when the world’s largest country in goods trade meets the world’s largest free trade agreement in generate.

2.RCEP has established free trade relations between China and Japan and between China, Japan and South Korea for the first time, and between ASEAN and China, Japan, South Korea, Australia and New Zealand for the first time, making the three economic circles of the United States, Europe and Asia more balanced and "three-legged".

3. In 2018, the United States was sued by the WTO for more than 158 cases, and its fraction exceeded the sum of China, Europe and Japan. Countries are increasingly discovering that it is not the United States that is decoupling from China, but the United States is decoupling from the world, and the world organizations without the United States seem to play better and smell better.

4. The role played by the United States as a world leader is constantly weakening and degenerating, while the multipolar forces represented by China, the European Union and ASEAN are constantly emerging.

5. The entry into force of 5.RCEP shows that developing countries and emerging economies such as ASEAN are gradually becoming important forces in the region and even the world, and the world economic, trade and wealth center is gradually moving eastward, and the 21st century will also become the century of Asia.

When the world’s first meets the world’s largest

China’s harvest is actually good

Governor: From a macro perspective, what does RCEP mean to China? What does it mean for China to build a new development pattern of "double circulation" at home and abroad?

Liu Ying: RCEP is the largest free trade agreement in the world, covering about one-third of the world’s population, GDP and trade. After RCEP is officially put into operation, it will become a free trade zone with the largest population, the largest economy, the largest trade volume, the largest foreign investment attraction, the fastest economic growth rate and the most development potential.

Interview screenshot

The entry into force of RCEP is of great significance to China. We will see the chemical reaction, superposition effect, driving effect and radiation effect when the world’s largest country in goods trade meets the generate of the world’s largest free trade agreement.

First, it will help promote China’s high-level institutional opening up. The entry into force of RCEP is another major achievement of China’s opening up after China’s entry into WTO, which will help to benchmark the international high-level economic and trade rules, accelerate institutional opening up, and promote the construction of a new open economic system with a higher level. This means that China has taken another important and solid step in high-level opening up. China is gradually building a high-standard free trade zone network based on its periphery, radiating the Belt and Road Initiative and facing the world, and will accelerate the negotiation of more bilateral and multilateral free trade agreements in the future.

Second, the entry into force of RCEP reflects China’s pragmatic actions to promote economic globalization. This year marks the 20th anniversary of China’s accession to the WTO. In recent years, under the headwinds of anti-globalization and trade protectionism, China’s opening-up has not stopped, but has become more firm and powerful. While developing its economy with high quality, it has promoted high-level opening-up and gradually integrated into the world economy. From the time point of view, China’s opening up to the outside world is gradually strengthening. In 2018, the Chairman of the Supreme Leader proposed to accelerate the opening up of the financial industry at the Boao Forum for Asia; On November 15th, 2020, China signed RCEP； with ASEAN, Japan, South Korea and Australia. On November 20th, the Chairman of the Supreme Leader put forward that China should actively consider joining CPTPP； when attending the informal meeting of APEC leaders. On September 16, 2021, the Minister of Commerce formally submitted an application for accession to New Zealand. On October 30th, at the G20 Leaders Summit, the Chairman of the Supreme Leader proposed that he had decided to join the Digital Economy Partnership Agreement (DEPA). On November 1st, the Minister of Commerce formally submitted an application for joining New Zealand.

Third, it helps to give full play to the advantages of the big market and keep the supply chain of the industrial chain stable, open and efficient. RCEP is helpful to smooth the supply chain of regional industrial chain, better connect the domestic and international markets and resources, smooth the domestic cycle, and accelerate the construction of a new development pattern in which domestic and international dual cycles promote each other. For example, Japan, South Korea and China are typical industrial chain relationships in many industries. China and ASEAN are also typical close industrial chains. Joining RCEP will not only help to accelerate the construction of China’s new development pattern, but also help to reshape and close the supply chain of regional industrial chain, making it stable and efficient.

On June 7, 2020, the Ministry of Commerce indicated that China had completed the RCEP approval. Source: vision china

Fourth, it will help promote economic growth in China and the world and improve global governance. After RCEP comes into effect, it will enhance the stability of economic and trade investment in this region, promote intra-regional trade and intra-industry trade, promote regional economic integration, expand the influence of East Asian economic circle, and form a tripartite confrontation with North American and European economic circles. At the same time, RCEP also helps to build consensus, support the multilateral trading system, boost the confidence of enterprises in cross-border trade and investment, and inject a new engine into the recovery of the world economy. While promoting the economy, trade and investment of various countries, China-ASEAN, China-Japan-Korea and RCEP are used to drive the world economic cycle, which is conducive to China’s participation in global governance.

Governor: From a micro perspective, what does RCEP mean to China enterprises? What substantial benefits will it bring to the people of China?

Liu Ying: The substantial benefits of RCEP to China enterprises and China people are all-round:

After the implementation of RCEP, more than 90% of the goods between China and ASEAN, Japan, South Korea, Australia and New Zealand will be promoted to achieve zero tariffs, which will take effect immediately from the date of RCEP’s entry into force and gradually transition within ten years. With the reduction of tariff threshold and non-tariff barriers, it will certainly bring more open dividends and benefits to enterprises and people.

The entry into force of RCEP will form a free trade relationship between China and Japan, the second and third largest countries in the world, for the first time. China and Japan will reduce or reduce tariffs on each other in many fields such as machinery and equipment, electronic information and chemical products, and the proportion of zero-tariff products between China and Japan will reach more than 80%.

On October 16th, the 16th China (Wenzhou) Machinery and Equipment Exhibition was held. Source: vision china

After the entry into force of RCEP next year, enterprises in the RCEP region (ASEAN+China, Japan, Korea, Australia and New Zealand) can enjoy tariff reduction and exemption if the accumulated value components originating in the RCEP region reach 40%, and enterprises can also declare independently. This will help enterprises to import advanced technology, important equipment, design and development, energy conservation and environmental protection and other productive services at a lower cost, and better meet the needs of industrial structure transformation and upgrading and market consumption upgrading.

RCEP will relax the requirements for business people and their families to live and work, which will also help to form a big market among the 15 ASEAN countries, namely China, Japan, South Korea, Australia and New Zealand. Especially for China, after the tariff and non-tariff barriers are greatly reduced, the intra-regional trade potential will be even greater, which will bring about a freer flow of goods, capital, personnel and technology.

China, Japan and South Korea finally "come together"

East Asian economic circle will be on a par with the United States and Europe

Governor: As one of the three economic circles in the world, the economic integration in East Asia has lagged behind Europe and North America for a long time. As the first free trade agreement that brought the three major economies of China, Japan and South Korea together, RCEP ended the long history that there was no regional integrated trade agreement in East Asia. How did this affect the overall status of East Asia and the world trade pattern?

Liu Ying: The entry into force of RCEP will definitely promote the close economic and trade cooperation among China, Japan, South Korea and Southeast Asia, especially to elevate the overall status of East Asia and guide the transfer of the global economic center.

In fact, it is not just East Asia. I have calculated that comparing North America, the European Union and East Asia, East Asia has surpassed North America and Europe in terms of population, GDP and trade. From the perspective of regional economy and industrial chain, the entry into force of RCEP will accelerate the economic, trade and investment cooperation among China, Japan, South Korea, China, Japan and ASEAN, and enhance the strength and influence of East Asia.

Previously, it was difficult for Japan to strengthen its cooperation with China because of the fetters of the United States. The RCEP was signed, which established free trade relations between China and Japan and between China, Japan and South Korea for the first time, and between ASEAN and China, Japan and South Korea, Australia and New Zealand for the first time. As a result, the cooperation between East Asia will be closer because of RCEP, and even expand from the fields of economy, trade and investment to the humanities, and gradually strengthen the internal cooperation in East Asia and produce spillover effects.

Although the regional cooperation in East Asia obviously lags behind that in Europe and America, a series of regional cooperation mechanisms have been established and developed in East Asia. East Asia is a region with many and complicated regional cooperation mechanisms around the world, and most East Asian countries have participated in several FTAs. With ASEAN as the core, FTAs have been signed with China, Japan, Korea, Australia and New Zealand respectively. The entry into force of RCEP will not only help to integrate the FTA bowl effect in East Asia, but also promote the ASEAN-led regional cooperation mechanism and promote the overall regional cooperation in East Asia.

Compared with the North American and European economic circles, the influence of the East Asian economic circle is limited because of the constraints of some foreign countries, and the entry into force of RCEP means that ASEAN can cooperate more closely with China, Japan and South Korea, generate regional economic benefits, enhance the influence of the East Asian economic circle, and make the three economic circles of the United States, Europe and Asia more balanced, showing a "three-legged trend." As an economic, trade and populous country in East Asia, China, through close cooperation with RCEP member countries, can cooperate with CPTPP and DEPA to promote the transformation and upgrading of the economic circle in East Asia in the future.

Overall, the total population, economic volume and total trade volume of the existing 15 member countries of RCEP account for about 30% of the global total, which means that about one third of the global economic volume has formed an integrated market, which will strongly support free trade and multilateral trading systems, stabilize the supply chain of regional industrial chains, and boost the recovery and development of regional and world economies. The operation of RCEP will help to further expand China’s economic influence in the region, and pave the way for China to participate in other potential free trade agreements in the future.

Both "Yu" and "Bright"

China aims to open to the outside world at a higher level.

Governor: As you mentioned, in September this year, China formally applied to join the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP). With RCEP, why should China join CPTPP? What are the differences between the two in terms of content terms, the size of member countries, and the formulation of rules?

Liu Ying: China applied to join CPTPP for three reasons:

First of all, CPTPP covers more content. RCEP contains twenty chapters, while CPTPP contains thirty chapters. Both RCEP and CPTPP are based on the rules of the WTO multilateral trading system, such as intellectual property rights, which are also based on TRIPs. However, compared with CPTPP, RCEP standards are slightly lower, and issues such as state-owned enterprises, environmental protection and labor are not included.

Secondly, CPTPP covers different countries. Although CPTPP has only 11 countries, it covers Mexico and Canada in North America and Chile and Peru in South America. RCEP does not include the four countries of South America and North America. Therefore, to cross the Pacific Ocean, it is necessary to apply to join CPTPP.

Finally, the threshold of CPTPP is higher. Although intellectual property, e-commerce, financial investment and other contents are also in RCEP, CPTPP’s rules and standards are higher and stricter. In order to promote high-level opening up, China still needs to join CPTPP. The predecessor of CPTPP is the Trans-Pacific Partnership Agreement (TPP). Although CPTPP is a "dimension-reduced version" of TPP, it also retains 95% of the terms, but the difficulty is much reduced. It is an open, transparent, mutually beneficial and win-win regional free trade arrangement and the highest standard free trade agreement in the world at present.

China formally applied to join CPTPP (data map). Source: vision china

The difference between RCEP and CPTPP can be seen from the following four aspects:

In terms of international influence, CPTPP’s population, GDP and trade account for 6.6%, 12.8% and 14.8% of the world respectively. These proportions are less than half of RCEP. However, CPTPP has more contents, higher standards and greater influence.

In terms of tariff reduction and exemption, RCEP gives a certain grace period, some of which are immediately reduced to zero tariff, and some of which are reduced to zero tariff after ten years or more, and there are more commodities and grace periods for underdeveloped countries such as Myanmar, Cambodia and Laos. CPTPP, on the other hand, requires a reduction to zero tariff as soon as possible.

In terms of market access, RCEP is a combination of positive list and negative list. Except that all member countries adopt negative list in five industries, such as manufacturing, agriculture, forestry, fishery and mining, seven countries, including Japan, South Korea and Australia, have fully implemented negative list from the beginning, while eight countries, such as China, can enjoy the excessive arrangement of positive list within six years. However, CPTPP requires a comprehensive negative list from the beginning.

In the field of openness, RCEP focuses on traditional issues, while CPTPP incorporates higher-level free rules into the trade framework, including intellectual property rights, environmental standards, labor standards, and state-owned enterprise reform. For example, in dispute settlement, mechanisms such as consultation and expert group should be established, supervision should be improved and efficiency should be improved. There are stricter requirements on the consistency of financial and telecommunications supervision, and there are also very specific requirements on the reform of state-owned enterprises, including not only competition neutrality, but also very detailed provisions on management information disclosure. Compared with RCEP, CPTPP has higher requirements in the field of service trade, especially in the chapter of e-commerce, which emphasizes promoting the flow of information and data in a wider range and attaching importance to data protection rules in digital trade. Formulate rules for cross-border data transmission, and restrict member countries from imposing restrictions on digital trade, including restrictions on data localization and storage. It also regulates and supports electronic signatures, electronic authentication, etc., and protects personal information.

There is no American world organization.

Instead, it is smoother.

Governor: Over the past 20 years since China joined the WTO, China has gradually entered the world economic center, from a rule-adapter to a rule-maker. On the contrary, the United States keeps withdrawing. From RCEP to CPTPP, it is smoother without the world organization of the United States? Does this mean that a new world pattern is taking shape? What bold expectations and expectations can we have in the future?

Liu Ying: Judging from the various retreats of the United States in the Trump era, in fact, the United States not only started to launch trade wars with other countries, but also stayed away from international organizations and withdrew from the international stage in different degrees through various retreats. He not only withdrew from TPP and TTIP, but also withdrew from the important Paris Agreement, threatening to withdraw from the WTO. If he had not failed in his re-election, he might have withdrawn from more international organizations. For the sake of "America first", we should shirk our responsibilities in the world.

Trump data map. Source: vision china

It can be seen that the absence of the United States from RCEP to CPTPP and then to DEPA is an inevitable result. However, under Trump’s disturbance, the normal dispute settlement mechanism of the WTO is also in a state of suspension because it is impossible to appoint a new judge and there is only one judge.

In 2018, the United States was sued by the WTO for more than 158 cases, and its fraction exceeded the sum of China, Europe and Japan. As a result, countries are increasingly discovering that it is not the United States that is decoupling from China, but the United States is decoupling from the world, and the world organizations without the United States seem to play better and smell better.

From the withdrawal of the United States from its leading TPP and TTIP, to the CPTPP led by Japan, the RCEP led by ASEAN, and the DEPA led by Singapore, we can see that after the United States encouraged anti-globalization, countries could not promote the opening of multilateral markets under the WTO framework, and they sought to respond by building FTAs with major trading partners. At the same time, the role played by the United States as a world leader is constantly weakening and degenerating, while the multipolar forces represented by China, the European Union and ASEAN are constantly emerging.

Biden data map. Source: vision china

From this, we see a new world pattern gradually emerging. This watershed actually began as early as 2008. Around 2008, the financial crisis broke out on Wall Street in the United States, and the proportion of developed and developing countries in the world was divided here. After this watershed, the proportion of emerging economies and developing countries represented by China in the global economy continued to rise, while the proportion of developed countries represented by the United States showed a downward trend.

ASEAN has established a dialogue partnership with China, Japan, South Korea, Australia and New Zealand, and the "ASEAN +1" free trade area established on this basis is actually the result of the transformation from competition among big countries to competition among cooperation mechanisms. The entry into force of RCEP shows that developing countries and emerging economies such as ASEAN are gradually developing into regional and even global important forces, and the world economic, trade and wealth center is gradually moving eastward (as can be seen from many multilateral trade agreements in East Asia in recent years, world wealth is returning to Asia), and the 21st century will also become the century of Asia.

Through a series of multilateral trade agreements such as RCEP, CPTPP and DEPA, the development gap among East Asian countries will be narrowed and regional inclusive development will be realized. The world will be more balanced and global governance will be more perfect. A new world pattern is gradually taking shape.

(Original title: China, ready)

Source: Governor of Chang ‘an Street

Process Editor: u008

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Why did the Fed ＂step on the brakes＂

　　In Washington, USA, a woman walked past an advertisement for house rental and sale.

　　(Xinhua News Agency)

　　After raising interest rates for 10 consecutive times and accumulating 500 basis points, the Fed finally "stepped on the brakes".

　　On June 14th, local time, after the monetary policy meeting, the Federal Reserve announced that it would keep the target range of 5% to 5.25% of the federal funds interest rate unchanged. This is the first time that the Federal Reserve has suspended interest rate hikes since March 2022, which is in line with previous market expectations. At the same time, the Fed also said that "staying put" is to wait and see the market changes, and hinted that there is a possibility of "further" interest rate hikes in the future.

　　The slowdown in inflation is an important reason for the Fed to press the "pause button" to raise interest rates. On June 13th, local time, the US Department of Labor released the CPI data in May, which dropped from 4.9% in April to 4%, exceeding market expectations. This is the 11th consecutive decline of related indicators, setting a new low since March 2021. At the same time, the core CPI of the United States increased by 5.3% year-on-year in May, down from 5.5% in April. American consumers’ short-term inflation expectations have also improved. According to the latest monthly consumer expectation survey released by the new york Federal Reserve, the expected median inflation rate in the coming year dropped by 0.3 percentage points to 4.1%, the lowest level since May 2021.

　　The suspension of the US debt ceiling has also given the Fed more initiative in raising interest rates. Some analysts believe that after the debt ceiling agreement is reached, the US Treasury Department, which has recently "dried up its pockets", may borrow heavily, and it is expected that the debt scale will exceed $1 trillion in the coming months. This will further drain dollar liquidity, raise short-term financing interest rates and tighten economic flexibility. According to the estimation of Bank of America, its economic impact is no less than raising interest rates by 25 basis points, which also provides the Fed with more time to wait and see the market.

　　The Fed’s interest rate decision was in line with market expectations, but the unexpected hawkish remarks put pressure on the market. Federal Reserve Chairman Powell said that the effect of current policy tightening has not yet fully appeared, and almost all participants expected that further tightening of monetary policy was appropriate. After the announcement of the interest rate resolution, the three major US stock indexes fell in the short term. As of Wednesday’s close, the three major US stock indexes were mixed. Dow fell 0.68%, Nasdaq rose 0.39% and S&P 500 index rose 0.08%.

　　The bitmap of the Federal Reserve’s interest rate hike path predicts that the benchmark interest rate will rise to 5.5%— 5.75% interval. This shows that the Fed’s interest rate hike cycle is not over, and Fed officials expect that there may be one or two interest rate hikes this year. This also means that the pressure on the US economy still exists.

　　The first is inflation. Although inflation in the United States has eased, core services except rent and core goods such as used cars are still highly sticky, and the "second half" of the war against inflation may be even more arduous. Some people believe that on the one hand, the benefits brought by the improvement of supply are being exhausted, the current energy prices have basically stabilized, and the space for promoting inflation to continue to decline is limited. On the other hand, demand-driven inflation is still stubborn, and the still tight labor market makes the market demand strong. In the case of mismatch between supply and demand, the difficulty of falling inflation in the United States will further increase.

　　In the economic forecast released in June, the Federal Reserve significantly raised its inflation forecast for the core personal consumption expenditure price index (PCE) in 2023, from 3.6% to 3.9%. Powell stressed that there has not been much progress in the decline of core PCE, and there is still uncertainty about the impact of policy tightening on inflation.

　　The second is financial risk. At present, the market’s worries about the banking crisis have not eased. Last week, U.S. Treasury Secretary Janet Yellen said that the banking industry may merge again. As of the week of June 7, the use scale of the Federal Reserve Bank Term Financing Plan (BTFP) exceeded 100 billion US dollars, rising for five consecutive weeks. This shows that the US banking industry is still not out of the "liquidity dilemma". In addition, if the U.S. Treasury subsequently borrows a large amount of money to enrich its cash flow, it will not only aggravate the problem of deposit outflow in the banking industry, but also make banks face greater liquidity pressure, and may push up the interest rates of short-term loans and bonds, further increasing the financing costs of enterprises already under pressure in a high interest rate environment.

　　The third is the risk of recession. Historical data show that recession often goes hand in hand with interest rate hikes in the United States, especially after a sharp increase in interest rates in a short period of time. Earlier, many economists and market participants said that the US economy may fall into recession later this year due to the weakening of growth momentum, the aggressive interest rate hike by the Federal Reserve and the banking crisis. However, Powell still believes that there are ways to achieve a soft landing, and the gradual cooling of the strong labor market may help the economy achieve a soft landing. In terms of economic expectations, the Federal Reserve sharply raised its forecast for US GDP growth this year, from 0.4% in March to 1%.

　　Generally speaking, the current macro-environment in the United States is quite complicated, and the economy is still resilient, but there are many hidden risks. This time, the Fed chose to suspend interest rate hikes and guide the market to believe that it will raise interest rates in the future, which can not only observe the transmission effect of monetary policy, but also further alleviate the pressure of financial tightening. Properly slowing down can also leave some room for future interest rate hikes, thus prolonging the tightening cycle.

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Fiction： Acting is both a challenge and a pleasure!

Special feature of 1905 film network "My blueprint and dream is actually to act in a down-to-earth manner, take every scene of my own seriously, and do my job as an actor. There is actually not much fantasy. This means that you have to respect the profession of actors. " Born in Changchun City, Jilin Province, the student of the Star Sea Young Actor Optimization Program has masterpieces such as Youth School and Youth School 2, and it is his creed to play every role well.

To play a good role, experiencing life is essential as the most important link. If you want to play a worker, go to the field and see how he works; If you want to play a doctor, learn to think in their way … … Fiction firmly believes that only by truly understanding the characters’ thoughts can they be shaped into flesh and blood and full of vitality.

These two days’ study and life in the sea of stars also made Fiction gain a lot. He experienced the process of kiln burning on the spot, learned relevant knowledge and learned how to make tiles. Because everyone worked as a team this time, it gave him a very different experience, and he could feel the tacit understanding of everyone as a team. The process of burning kiln also made him fully understand the craftsman spirit. When carefully carving their own works, kiln masters usually have to face loneliness. When they put them in a wood kiln, craftsmen can’t predict the results of burning utensils, but as long as the finished products are a little dissatisfied, they will break and do the whole process again. Fiction thinks this is similar to acting.

Fiction was successful because he played Xueba in Pi and Pi 2, but he really wanted to try different roles. Playing all kinds of careers is both a pleasure and a challenge. Fiction said that the actors always challenge themselves: "For example, this scene is a great emotional scene. When I don’t shoot, I always feel uneasy. Can this scene be filmed well? I think it is a good thing for myself. " When he first started filming, he still didn’t understand a lot and was taken care of by the director and other actors. Later, with the deepening of his understanding of life, he also had more research on the starting point and angle of the role thinking mode, confident that he could play different roles well.

"Because actors have to try often and can’t bind themselves. In fact, what kind of role, as long as you like the role, you want to challenge the role, any play can be. You can’t limit yourself and live in the comfort zone all the time. "

In the fantasy costume drama "Hua Rong", the role played by Fiction has experienced several generations because of nirvana, and he has different feelings in each life. To perform this feeling is different, which makes Fiction feel very challenging and happy.

Besides trying different roles more, being an actor also needs lifelong learning. When the camp started in the starry sea, young actors received many books, including books on learning the law. It is also a major topic for young actors to know and understand the law and protect and restrain themselves with the law. Originally, many actors knew only a little about this. Now, with these books, they can learn legal knowledge more intuitively and accurately, so as to protect themselves and others.

To be a good actor in a down-to-earth manner and to act seriously, intently and diligently are Fiction’s requirements for himself. He is also on the road of this actor, doing better and better. Those wonderful moments experienced in acting are the happiness of being an actor. These wonderful moments in acting, in turn, make them re-recognize and taste life.