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Is there really moisture in the export data？ Macro of investment promotion： the export growth rate in the whole year is likely to be positive, and the export growth rate will show a trend of ＂first de

　　Text | China Merchants Macro Zhang Jingjing Team


　　Core view


　　Under the trend of global economic slowdown, China’s exports exceeded market expectations for two consecutive months, and the market gradually questioned the authenticity of export data. Does the export growth rate exceed expectations mean that the export data is really wet? In other words, is there really no micro-foundation for the export data in March and April? This paper attempts to answer the above questions from multiple angles and state a more objective export view on the basis of multi-dimensional analysis..


　　The main reason for the high growth rate in March and April is by no means from false reports.Judging from the export "counterfeiting" incident announced in previous years, even excluding the conventional false data, the cumulative export amount from January to April this year was as high as more than 7630 billion yuan, and the cumulative export growth rate was about 10%, which was only 0.5 percentage points lower than the cumulative export growth rate announced by the General Administration of Customs.


　　Compared with industrial export delivery value, the export volume is more representative of the real export. In March and April this year, the growth rate of export delivery value and the total export volume showed a big deviation, but this is not evidence of false export data.1) The definitions of export delivery value and total export are quite different; 2) From a long period of time, the growth rate of export delivery value and the growth rate of total exports are similar, but for a short period of time, it is not uncommon for them to deviate from each other. In many months, the growth rate of total exports is higher than that of export delivery value. 3) Compared with export delivery value, the monthly growth rate of export volume has obviously changed, which is mainly caused by the statistical method of export volume. 4) It can also be seen from the export sub-items and PMI indicators that the export in March and April did not mainly depend on the industrial enterprises on the regulations.


　　Does the deviation of import and export growth rate beyond market expectations mean that the authenticity of export data is suspicious?The main commodity structure of China’s import and export is quite different. In the case of PPI price disturbance, the growth rate of import and export often deviates, not only in March and April. Not only is there a divergence in the growth rate of imports and exports in China, but the growth rates of the United States, Japan, the European Union and South Korea, as the main final consumer goods countries, often deviate, and more often, the growth rate of imports is greater than that of exports, which is mutually evidenced by China’s role as a big producer.


　　The difference between the data published by the importing country and the data published by the importing country may be more due to statistical standards, re-export trade of some products and other factors than false reporting.1) China’s exports to Singapore and Vietnam are obviously larger than the imports from China announced by the other side, which is mainly due to the existence of entrepot trade. 2) The amount of imports from China announced by the United States and the European Union is also different from the amount of trade exported to the United States and the European Union by China. In addition to the conventional factors such as differences in statistical standards, time differences and entrepot trade, China is also a big country of final consumer goods. In recent years,’s exports to the United States-the United States imports from China and China exports to the European Union-the European Union imports from China are not the same. The possible reasons are as follows: First, American importers deliberately understate their imports from China to avoid import tariff sanctions. Compared with 2016 and 2017, the difference between China’s exports to the United States and the United States imports from China since 2018 is obvious. Second, compared with other countries, the energy crisis in Europe is more serious in 2022, and the freight for the import and export of goods is obviously higher, which directly causes the EU’s import from China-China’s export to the EU to jump sharply, and other trade exchanges such as South Korea and Europe have the same trend.


　　The reason why export performance exceeds market expectations is more the result of diversification of export commodity structure and export destination.1) The high growth rate of export in March was mainly the comprehensive result of the release of the backlog of export orders in the previous period and the effective purchase of orders abroad. In April, export delivery value jumped from-5.4% of the previous value to 0.7%, and exports were more contributed by the shipment value produced in the current period. 2) The structure of China’s main export commodities has obviously gradually moved closer to that before the epidemic, and the advantage of complete industrial chain can indeed enable enterprises to switch commodity structures to adapt to global demand in a relatively short period of time. Compared with that before the epidemic, the contribution of automobiles (including chassis) and auto parts to the total export volume has been on the rise, which has also become the main commodity driving export growth. 3) Thanks to China’s active participation in regional trade, expansion of trade network and continuous deepening of economic and trade cooperation with non-European and American countries, the "Belt and Road", ASEAN, Russia and other non-European and American countries have significantly increased the driving force for China’s export growth.


　　We believe that the shift in export growth does not mean that the export growth rate will continue to decline this year.Judging from the PMI index published in China and the export base last year, we believe that the export growth rate will change gears continuously from May to July. However, there is a high probability that the annual export growth rate will still be positive, and the export growth rate from May to December will show a trend of "falling first and then rising".


　　main body


　　One,In the past, there were indeed false reports on export data, but the main reason for the high growth rate in March and April was by no means false reports.


　　Just talking about the authenticity of the data, the State Administration of Taxation will announce the punishment of false reporting of export data and tax fraud every year, which shows that there is indeed the possibility of false reporting of export data, but it is untenable to classify the reasons for exceeding expectations in March and April as false reporting.The false export data is more for tax fraud. Since August 2018, the State Administration of Taxation, together with the Ministry of Public Security, the General Administration of Customs, the People’s Bank of China and other departments, has continued to carry out regular work to crack down on tax fraud. In the context of cracking down on export false reports, there are still criminals who falsely report export data through various means. Since the government has not published the amount of tax recovery from export tax fraud in a specific period of time in detail, we might as well calculate from the export "counterfeiting" incident announced in previous years. In April 2022, the State Taxation Bureau announced that since the special action to crack down on illegal tax fraud was launched in August 2018, by the end of March 2022, the tax authorities had recovered 34.6 billion yuan of national tax losses by investigating and dealing with illegal export tax fraud. According to this rough calculation, about 10 billion yuan of export tax rebates were recovered every year. In addition, the proportion of export tax rebate in total exports is basically maintained in the range of 8%-10%. Based on this, the accumulated amount of export false reports in January-April this year is about 34 billion-42.5 billion.Even excluding the conventional false data, the cumulative export amount from January to April this year was as high as more than 7.63 trillion yuan, and the cumulative export growth rate was about 10%, which was only 0.5 percentage points lower than the cumulative export growth rate announced by the General Administration of Customs.


　　In addition, at present, there are mainly two ways to falsely report exports: first, the government actively injects water to falsely report; second, enterprises forge export orders to defraud taxes; third, enterprises set up offshore companies or blend trading partners to defraud taxes through the continuous link of "exporting to domestic sales". We speculate that there are four reasons why the probability of large-scale false reporting of export data in March and April is small:


　　1) In March this year, the cumulative amount of export tax rebate announced by the Ministry of Finance was 553.1 billion yuan, which was significantly higher than last year’s 497.1 billion yuan. It is worth noting that the Notice of the State Council on Issues Related to Improving the Burden Mechanism of Export Tax Refund shows that since January 1, 2015, all export tax rebates (including VAT refund for export goods and VAT refund for business tax) will be borne by the central government, and the export tax rebate base originally borne by local governments in 2014 will be paid to the central government in a fixed amount. If local customs or governments cheat taxes by falsely reporting export data, they need to forge bills in multiple links. Unless the central government is willing to subsidize local governments in disguise in this way, it is difficult to escape the examination.


　　2) As mentioned earlier, even in the stricter export "counterfeiting" supervision, some enterprises still cheat tax refund by forging export orders, but there is no reason for enterprises to choose to focus on a large number of false reports in March and April, especially at present, they are in the downward period of exports, and the false reports of export orders of micro-enterprises are more likely to be suspected.


　　3) Under the background that the full invoice pilot is gradually launched and the fourth phase of golden tax is about to be launched, the tax collection and management system has gradually changed from "managing tax by votes" to "managing tax by numbers", that is, relying on big data for tax governance. Under stricter supervision, the difficulty of export tax fraud has greatly increased.


　　4) In addition to falsifying data, another common tax fraud method at this stage is "export to domestic sales", that is, setting up offshore companies or blending trading partners, exporting A goods abroad at a high price, and then importing A goods into China at a low price, thus earning the difference between export tax rebate and customs duties. Generally speaking, this method is not easy for micro enterprises to find, but from the breakdown data of commodities, we can see that among the main commodity structures of import and export, only the import prices of integrated circuits and refined oil in April are significantly lower than the export prices, and because the growth rate of import and export of integrated circuits is less than zero, even if there is tax fraud, it cannot be the main driving force for the overall export growth rate to exceed expectations. The difference between the import and export prices of refined oil products is mainly due to the downward trend of crude oil prices, which is far from the export tax fraud. Except for integrated circuits and refined oil products, the export prices of other commodities are often lower than the import prices, so the argument that a large number of export growth rates are pushed up by "exporting to domestic sales" is not established.


　　Is there any moisture in the export data?


　　Is there any moisture in the export data?


　　Second,Compared with industrial export delivery value, the export value is more representative of real export.


　　When observing exports, the market tends to pay more attention to two indicators: export delivery value and total exports. In March and April this year, the export growth rate of these two indicators showed a big deviation, and we don’t think this can be used as evidence to suspect that the export data is false.


　　1) The definitions of export delivery value and total exports are different.Specifically: First, the reporting period is different. export delivery value is the value of products produced in this period, handed over to foreign trade management departments or self-export in this period, while the total export value is the total value of products exported in this period, not necessarily produced in this period; Second, the statistical scope is different. export delivery value is a product (both local and foreign) produced by industrial enterprises and handed over to foreign trade management departments. The total export value is the value of products exported by all foreign trade management units and industrial enterprises. It is worth noting that some products included in export delivery value may be sold at home after being traded by foreign trade management departments, thus not being exported; Third, the calculation method is different. export delivery value only calculates the processing fee for the products processed with imported materials, while the total export amount is calculated at the full price of the exported products. Fourth, the prices are different. The products handed over to the foreign trade management department in export delivery value are calculated according to the purchase price of the foreign trade management department, and the total export amount is calculated according to the FOB price.


　　2) From a long period of time, the growth rate of export delivery value and the growth rate of total exports are similar, but in a short period of time, it is not uncommon for them to deviate from each other. In many months, the growth rate of total exports is higher than that of export delivery value.Compared with the total export volume, export delivery value’s statistical scope is smaller and it doesn’t necessarily include the completed export. Therefore, in academic research, the indicator of export delivery value is often used to examine whether the micro participates in the export, and the specific transaction behavior to measure the overall export still uses the export volume.


　　3) Compared with export delivery value, the monthly growth rate of export volume has obviously changed, which is mainly caused by the statistical method of export volume.The statistical process of import and export data of customs goods is extremely "microscopic". When the import and export goods pass through the customs, the specific consignor or consignee must declare the documents to the customs, and the customs declaration will list all kinds of basic information of the goods (such as quantity, amount, destination and other information). After obtaining these customs declarations, the customs will screen out the customs declaration data that meet the statistical conditions, and directly calculate other sub-items such as import and export data and commodity structure on this basis. In the whole process, the customs mainly plays the role of statistics, and does not need other data to calculate. In other words, the data on the customs declaration submitted by the customs will directly enter the customs database and become the basic data of the customs import and export accounting, which is also doomed to a large monthly fluctuation of export data.


　　Is there any moisture in the export data?


　　In addition, it can be seen from the export sub-items and PMI indicators that the exports in March and April did not mainly depend on the regulated industrial enterprises.According to the export data by enterprise type, compared with state-owned enterprises, collective enterprises and foreign-invested enterprises, the cumulative export of other types of enterprises (mainly private enterprises) rebounded significantly in March compared with the same period of last year. From the index of PMI new export orders, the increase of PMI new export orders of small enterprises was the most obvious in January and February, and once surpassed that of large enterprises in February. Small enterprises other than industrial enterprises are still an important force to drive exports. This can also explain to a certain extent that it is not surprising that export delivery value and the export volume deviated in March and April.


　　Is there any moisture in the export data?


　　Is there any moisture in the export data?


　　Third,Does the deviation of import and export growth rate beyond market expectations mean that the authenticity of export data is suspicious?


　　At present, China is still a major producer in the world, and the growth rates of imports and exports are synchronized in most of the time. However, because of the great differences in the structure of major commodities of imports and exports, in the case of PPI price disturbance, the growth rates of imports and exports often deviate, not only in March and April.When PPI is at a low level year-on-year, "price" has a great drag on the total import volume, and the export growth rate is often significantly higher than the import growth rate; On the contrary, when PPI is at a high level, "price" becomes the main pulling item of total imports, and the growth rate of imports is obviously higher than that of exports. At present, PPI is at a low point in the historical quantile, so it is natural that the export growth rate is greater than the import growth rate.


　　In fact, it is not only our country that the growth rate of import and export deviates, but also the United States, Japan, the European Union and South Korea, which are the main final consumer goods countries, often deviate from each other. More often, the growth rate of imports is greater than that of exports, which is mutually evidenced by China’s role as a big producer.


　　Is there any moisture in the export data?


　　Is there any moisture in the export data?


　　Is there any moisture in the export data?


　　Fourth,The difference between the data published by the importing country and the data published by the importing country may be more due to statistical standards, re-export trade of some products and other factors than false reporting.


　　Because we use the total amount of FOB goods for export statistics, and the total amount of FOB goods or CIF goods for import statistics for export destinations from China, there is a gap between the two, such as freight and other expenses. Generally speaking, the total amount of China’s exports to export destinations should be less than the total amount of China’s imports from export destinations, but this is not the case.


　　China’s exports to Singapore and Vietnam are obviously larger than the imports from China announced by the other side, which is mainly due to the existence of entrepot trade.From the perspective of specific commodities, the difference between China and Singapore is mainly contributed by plastic products, clothing and its accessories, luggage and similar containers, furniture and its parts in labor-intensive products, household appliances, auto parts, lamps and general machinery and equipment in mechanical and electrical products, but this phenomenon does not exist in other commodities, especially high-tech commodities. The difference between China and Vietnam is mainly contributed by plastic products and textile yarns, fabrics and their products in labor-intensive products. In 2021, the total statistical difference between the two types of goods is 5.5 billion US dollars, accounting for 69% of the statistical difference of labor-intensive products in 2021.


　　In addition, as important countries of final consumer goods, the amount of imports from China announced by the United States and the European Union is also different from the amount of trade exported to two countries or regions by China, which is mainly caused by many factors such as statistical standards, time differences, transportation costs and tariff sanctions.From the historical data, with the end of 2019 as the dividing point, since 2020, the difference between China’s exports to the United States and the United States’ imports from China has turned from negative to positive. From the perspective of commodities, it is mainly contributed by labor-intensive plastic products, furniture and its parts, clothing and its accessories, lamps and lighting devices and their parts in electromechanical commodities and household appliances. On the contrary, the difference between China’s exports to the EU and the EU’s imports from China has been in the normal fluctuation range of positive and negative for a long time, and this difference began to turn negative in 2022. From the perspective of specific commodities, the average export value of other commodities except furniture spare parts is smaller than the EU’s imports from China, and this gap has obviously increased since 2022.In addition to the conventional factors such as differences in statistical standards, time differences and entrepot trade, China is also a big country of final consumer goods. In recent years,’s exports to the United States-the United States imports from China and China exports to the European Union-the European Union imports from China are so different. The possible reasons are as follows: First, American importers deliberately understate their imports from China to avoid import tariff sanctions. Compared with 2016 and 2017, the difference between China’s exports to the United States-the United States imports from China has shrunk significantly since 2018. Second, compared with other countries, the energy crisis in Europe is more serious in 2022, and the freight for the import and export of goods is obviously higher, which directly causes the EU’s import from China-China’s export to the EU to jump sharply. This phenomenon not only occurs in China-EU trade, but also exists in other trade exchanges such as South Korea and Europe.


　　Is there any moisture in the export data?


　　Is there any moisture in the export data?


　　Five,The reason why export performance exceeds market expectations is more the result of diversification of export commodity structure and export destination.


　　As previously analyzed, false export report can’t be the main driving force for the high export growth rate in March and April, so what is the main reason why China’s export growth rate has exceeded expectations when the export growth rate of other countries such as South Korea and Vietnam has obviously declined? We think there are the following factors:


　　1) The high export growth rate in March was mainly the comprehensive result of the release of the backlog of export orders in the previous period and the successive delivery of overseas orders.We provide two pieces of evidence: First, export delivery value in March (mainly counting the current period) was significantly narrower than that in December 2022, but the year-on-year growth rate was still negative, which indicated that the growth rate of export in March was the common result of the current and previous inventory squeeze; Second, after the liberalization of the epidemic prevention and control policy, many provinces began to organize groups to go abroad to grab orders, which directly led to a rapid increase in PMI new export orders in January and February 2023.Different from March, export delivery value jumped from-5.4% to 0.7% in April, and the export was more contributed by the shipment value produced in the current period.


　　2) As we mentioned in previous reports, the supply advantage of China is largely due to the integrity of the industrial chain. The integrity of the industrial chain enables domestic export enterprises to better cope with the changes in the international trade situation than other countries. We have counted the data of major export commodities since 2017. Compared with before the epidemic, the contribution of plastic products, textile yarns, fabrics and their products, shoes and boots, ceramic products, toys, automatic data processing equipment and its parts, mobile phones, audio equipment and its parts, integrated circuits, medical instruments and instruments to the overall export volume increased greatly during the epidemic. On the contrary, the contribution of agricultural products, refined oil, luggage and similar containers, steel products, wrought aluminum and aluminum products, and general machinery and equipment to the overall export volume has been significantly reduced.According to the export data of the last four months, the structure of China’s main export commodities has obviously gradually moved closer to that before the epidemic, and the advantages of complete industrial chain can indeed enable enterprises to switch commodity structures to adapt to global demand in a short time. It is worth noting that compared with before the epidemic, the contribution of automobiles (including chassis) and auto parts to the total export volume has been on the rise, and it has become the main commodity driving the export growth rate.


　　3) In addition to the changes in the structure of export commodities, China’s main export destinations are also more diversified.From the historical data, the manufacturing PMI in the euro zone and the manufacturing PMI in the United States are in line with the change trend of China’s export growth rate, which means that the decline of China’s export growth rate in 2023 still largely depends on the degree of economic recession in Europe and America.However, thanks to China’s active participation in regional trade, expansion of trade network and continuous deepening of economic and trade cooperation with non-European and American countries, the "Belt and Road", ASEAN and Russia have significantly increased the driving force for China’s export growth, among which ASEAN, Brazil, Russia, India, South Africa and Indonesia account for an increasing proportion of China’s total exports.As far as the export data in April is concerned, the contribution rates of Russia, ASEAN, South Africa and Brazil to the overall export growth rate are 2.14%, 0.73%, 0.28% and 0.17% respectively.


　　Is there any moisture in the export data?


　　Is there any moisture in the export data?


　　Six,The fact that the export growth rate will shift does not mean that the export growth rate will continue to decline this year.


　　We are in "Do you need to shift gears for export growth? It is mentioned in the article that from May to July, the export growth rate will be continuously shifted, but this does not mean that the export growth rate will continue to decline this year.From the indicators published in China, the PMI value of new export orders dropped in April, but this will not immediately lead to a sharp drop in exports in May. According to historical data, PMI new export orders are often about 2-3 months ahead of exports, so the real pressure of export growth is mainly concentrated in June and July. However, due to the high export base in May last year, we believe that the export growth rate in May will be lower than that in April.


　　Although compared with last year, the overall export growth rate in the whole year has been set to a downward trend, there is a high probability that the export growth rate in the whole year will still be positive. From May to December, the export growth rate showed a trend of "falling first and then rising".The absolute change of export value and the marginal change of export growth rate cannot escape three key factors: supply, demand and comparative advantage. In 2023, China’s supply advantage still exists, and the latest data released shows that the export share advantage is still better than before the epidemic. The main uncertainty that determines the specific growth rate of exports comes from the overseas demand side. At present, in the context of the global economic slowdown, China’s export commodities and export destinations have good highlights. Although the driving force of American exports to China does show a decreasing trend, the contribution of countries other than the United States to China’s exports should not be underestimated.


　　Risk warning:


　　The overseas economic recession has exceeded expectations.


　　The above content comes from May 17, 2023, "Is there really moisture in export data?" Report by Zhang Jingjing and Zhang Yiping.

Cheng Er： The car model goddess with high temperament and emotional intelligence, Tik Tok Aauto Quicker grabs your heart instantly.

In Tik Tok and Kuaishou, a name frequently appears in everyone’s sight, and that is Cheng Er. This goddess with high temperament and emotional intelligence, with her excellent car model image and unique personal charm, quickly accumulated more than 500,000 fans in Tik Tok and 1.9 million fans in Aauto Quicker, and became an internet celebrity. Cheng Er is not only a car model, but also a perfect movie, which makes people involuntarily want to follow her path.

Every time she appears in front of the camera, it seems that a visual feast begins. Every appearance of her is an interpretation of beauty and a love for life. From meticulous makeup to flawless figure, Cheng Er can always show an enviable temperament in front of the camera, perfectly leading the new trend of the car model industry. With the rise of video platform, more and more people appreciate her style. In her way, Cheng Er shows us that car models are not only a simple display, but also an art..

Cheng Er’s success is not only due to her beautiful appearance, but also to her profound emotional intelligence. She always shows friendliness and sincerity in the interaction with fans, which makes her not only have followers in data, but also gain a group of loyal fans. Whenever she shares her life tips or interacts with fans in the live broadcast, the audience can always feel the warmth from the bottom of my heart. Cheng’s sense of humor and affinity make her stand out in the car model industry and become an example for many young women.

Not only that, Cheng Er’s works are also full of movie-like feelings. Whether it is every video of her or every appearance at the auto show, it gives people a visual enjoyment. Cheng Er is good at using all kinds of shooting techniques and skillfully shows the combination between himself and the car to the fullest. Her elegant posture complements the streamlined design of the car and seems to tell the story behind every car for the audience.

In the current trend of content creation, Cheng Er’s success illustrates an important trend: the audience is not only eager to see wonderful visual pictures, but also hopes to feel the emotional communication through the people behind these pictures. Modern network celebrities are no longer just isolated "performers", but life sharers who can resonate with their audiences. This is one of the reasons why Cheng Er can quickly accumulate a large number of fans in a short time.

Recently, a video released by Cheng Er on social media has aroused widespread concern. In the video, she not only showed the latest luxury cars, but also shared her feelings about life and her vision for the future. There is wisdom and firmness in her words, as if every word is a kind of resonance, which makes people want to stop and listen carefully. This is also the charm of Cheng Er-under the glamorous appearance, there is a convincing truth and strength.

Not only that, Cheng Er’s performance in the car model industry also shows many people another possibility for women in the workplace. Her job needs not only physical attractiveness, but also strong inner and self-confidence. This industry is full of competition, and Cheng Er uses his own efforts and persistence to tell everyone that even in such a fierce environment, he can still do his best.

Finally, Cheng Er is not only a online celebrity on social network, but also a representative of life attitude. Through her, we see a hope: while pursuing beauty, we should also pursue inner abundance. The perfect combination of temperament and emotional intelligence makes her a "goddess" in the hearts of many young girls. Whether in the life before or after the camera, Cheng Er is constantly challenging himself, breaking through himself and inspiring more people to pursue their dreams. In the future, we expect Cheng Er to bring us more surprises and touches, and continue to use her stories and experiences to touch more people’s hearts.

Baoding Pentium pony price reduction information, the lowest price is 19,900! Not to be missed

Welcome to car home Baoding Special Promotion Channel, which brings you an exciting news today. We have learned that the high-profileBenteng ponyThe model is carrying out an unprecedented preferential activity in this area. The highest discount rate reached an astonishing 0.5 million yuan, which brought tangible car purchase benefits to consumers. The starting price has been adjusted to an attractive 19,900 yuan. This is an opportunity not to be missed to buy a car. If you are interested in Pentium Pony, please click the "Check Car Price" button in the quotation form to get a higher level of discount!

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The exterior design of Pentium Pony is full of dynamic and vitality. The front face adopts a family-style sharp design, and the air intake grille is exquisite and recognizable. With the streamlined body lines, the overall style presents a perfect fusion of fashion and sports. Its unique body shape not only shows a sense of strength, but also reveals the pursuit of future technology, which makes people unforgettable.

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Pentium pony shows its unique side charm with its exquisite body proportion. It has a body length of 3000mm, a width of 1510mm and a height of 1630mm, creating a stable body posture. The wheelbase is as long as 1953mm, which makes the front and rear wheel tracks 1290mm, ensuring excellent handling and stability. In tyre size, it uses 145/70 R12 tires, and the front and rear wheels are consistent. With exquisite rim design, it not only enhances the visual effect, but also ensures the comfort and grip during driving. On the whole, the side design of Pentium pony is not only practical, but also reveals a strong sports atmosphere.

保定奔腾小马降价信息，最低售价1.99万！不容错过

The interior design of Pentium pony is simple and practical, paying attention to details. The steering wheel is made of plastic material with good texture, which is comfortable to hold and incorporates humanized design elements. The center console is equipped with an intuitive and easy-to-operate multimedia system, and the USB/Type-C interface is located in the front row, which is convenient for drivers and passengers to charge or connect devices at any time. The seat is made of fabric, which is soft and durable, and provides the functions of front and back adjustment to meet the individual needs of passengers. The rear seats support the proportional tilting, which further enhances the space flexibility and provides convenience for daily travel and loading. The overall interior design gives consideration to comfort and functionality, creating a warm interior environment for drivers and passengers.

Pentium pony is equipped with an engine with relatively stable power performance, with a maximum power of 20 kW and a torque output of 85 Nm. Although the parameters are relatively basic, they are enough to meet the daily driving needs, providing stable power output and good fuel economy.

Generally speaking, car home car owners expressed their unique and appreciative attitude towards the exterior design of Pentium pony. He emphasized the personalized appearance elements of the vehicle, especially the headlights on both sides and the shape of the rear window, which added unique charm to the Pentium pony. Although the appearance may not satisfy everyone’s aesthetics, Pentium pony is undoubtedly a successful attempt for those car owners who seek individuality and recognition. This evaluation undoubtedly provides a reference for those consumers who have a sense of design, making Pentium pony more attractive in the market.

Background information： previous ministerial conferences of the World Trade Organization.

　　Xinhua News Agency, Mexico City, December 9th Background information: previous ministerial conferences of the World Trade Organization.

　　The 11th Ministerial Conference of the World Trade Organization (WTO) will be held in Buenos Aires, Argentina, on the 10th. Argentina will become the first South American country to hold a ministerial meeting after the establishment of WTO.

　　The ministerial meeting of the WTO is the highest decision-making authority of the WTO and is generally held every two years. The following are the basic information of previous WTO ministerial meetings:

　　The first ministerial conference: held in Singapore in December 1996. The meeting mainly reviewed the work since the establishment of the WTO and the implementation of the last round of multilateral trade negotiations, that is, the Uruguay Round agreement, and decided to set up three working groups, namely, trade and investment, trade and competition policy, and transparency of government procurement. At the same time, trade facilitation was included in the responsibilities of the Council for Goods. The meeting finally adopted the Singapore Ministerial Declaration.

　　Second Ministerial Conference: held in Geneva in May 1998. The meeting mainly discussed the implementation of the trade agreements reached, the established agenda and the future negotiation agenda, as well as the time and place of the third ministerial meeting.

　　The Third Ministerial Conference: held in Seattle, USA in November 1999. The meeting failed to start the proposed new round of multilateral trade negotiations due to the pressure of demonstrations and interference by non-governmental organizations and the differences of views among members on a series of major issues.

　　Fourth Ministerial Conference: held in Doha, Qatar in November 2001. The meeting launched a new round of multilateral trade negotiations of the Doha Round. Another important result of the meeting was the approval of China’s accession to the WTO. The meeting finally adopted three documents, including the Ministerial Declaration.

　　Fifth Ministerial Conference: held in Cancun, Mexico in September 2003. Because developed countries refused to make substantial concessions on reducing agricultural subsidies and tariffs on agricultural products, the meeting ended without results. The meeting only adopted the Statement of the Council of Ministers.

　　Sixth Ministerial Conference: held in Hong Kong, China in December 2005. After six days of negotiations on the Doha Round, the participants issued the Ministerial Declaration, and made progress in eliminating export subsidies for cotton and agricultural products and opening the market to the least developed countries. However, the Doha Round negotiations have not been fully completed.

　　Seventh Ministerial Conference: held in Geneva, Switzerland from November 30th to December 2nd, 2009. The meeting failed to make significant progress in promoting the Doha Round negotiations, but continued to promise to conclude the Doha Round negotiations in 2010.

　　Eighth Ministerial Conference: held in Geneva in December 2011. The meeting formally approved Russia’s accession to the WTO. Due to the great differences among members in some negotiation fields, the Doha Round negotiations are in trouble.

　　Ninth Ministerial Conference: It was held in Bali, Indonesia in December 2013. The conference reached the first multilateral trade agreement "Bali Package Agreement" since the establishment of the organization, among which trade facilitation has the most obvious impact on global trade.

　　Tenth Ministerial Conference: held in Nairobi, Kenya in December 2015. The meeting finally adopted the Nairobi Ministerial Declaration, in which 162 members pledged for the first time to completely eliminate export subsidies for agricultural products. The meeting reached the first tariff concession agreement of the WTO in the past 20 years — — Expansion agreement of the information technology agreement; The meeting also formally approved Liberia and Afghanistan to join the WTO.

Announcement of Guangyuan Work-for-Welfare Affairs Center on matters related to the qualification examination and interview of public candidates in 2022

According to the CPC GuangyuanMunicipal Party Committee Organization Department "AboutAnnouncement on Public Selection (Examination and Adjustment) of Civil Servants by Municipal Authorities in 2022. The relevant matters concerning the qualification examination and interview of Guangyuan Work-for-Welfare Affairs Center in 2022 are hereby announced as follows.

First, the qualification examination object

According to the written test results, according to the ratio of the number of people entering the qualification examination and the number of open selection positions.The ratio of 3:1, from high score to low score, is determined to enter the interview. The last person with the same written test score will enter the interview together. If the number of qualified candidates is less than 1:3, all qualified written test personnel in this position will enter the interview (see Annex 1 for details).

Second, the qualification examination time

2022yeareightmoonOn the 30th, 9:00-12:00 am and 14:30-17:30 pm.

Third, the qualification examination place

Guangyuan yi gong Dai Zhen affairs center comprehensive ke(Lizhou, Guangyuan City)South section of Jialing Road, District4th floor, No.65 Bureau of Commerce).

Iv. materials required for qualification examination

(1) Candidates are required to bring the Registration Form.oneCopies (double-sided printing, with recent1 inch bareheaded color certificate photo);

(2) The original and photocopy of a valid resident ID card (excluding the copy of ID card, expired ID card, household registration book, driver’s license, etc., the same below).1 copy;

(three) the original and photocopy of graduation certificate and degree certificate.1 copy;

(four) a copy of the registration form for civil servants (public employees)1 copy (marked "copy is true" and stamped);

(5) A work certificate that has been engaged in work-for-relief or ex situ poverty alleviation for more than 2 years shall be issued and sealed by the unit to which it belongs;

(6)Original and photocopy of other certificates (certificates) related to the qualification for the examination.One copy.

Failure to provide the above materials as required and failure to participate in the qualification examination within the prescribed time limit shall be deemed as automatic waiver. Those who pass the qualification examination will be given an interview notice; If the qualification examination is unqualified or there are vacancies due to reasons such as candidates giving up, they will be replenished according to the written test scores from high to low.

V. Interview Work Arrangement

The interview is tentatively scheduled forIt will be held from September 3 to September 4, 2022. Candidates who have passed the qualification examination are invited to attend the interview at the designated place with the Notice of Interview and the original of my second-generation valid ID card. See the Notice of Interview for details.

Full score in interview100 points, the minimum qualified score is 70 points,lower than70 points, can’t enter the next program.

Vi. Precautions for epidemic prevention and control during qualification examination and examination

In order to thoroughly implement the relevant requirements of epidemic prevention and control in COVID-19 and make every effort to ensure the safety and health of every candidate, the relevant precautions for epidemic prevention and control are as follows.

(1) Please take part in the qualification examination and examination.Candidates must do a good job in self-health management, through WeChat applet."National Government Service Platform" and "Sichuan Tianfu Health Link" apply for their own epidemic prevention health codes, and continue to pay attention to the status of health codes from now on.

(2) Candidates who take public transport when taking the qualification examination and examination need to wear masks in a standardized way, keep a safe social distance and do a good job in hand hygiene.

(three) to (back) Guangyuan City to participate in the qualification examination, examination candidates, please report to the community where you live in advance, truthfully reflect.My relevant information. Among them, candidates who arrive (return) to Sichuan must pass through the inspection points."Sichuan Tianfu Health Link" scans the "code of special place for inspection upon entry into Sichuan" (referred to as "code of entry into Sichuan"), and "Sichuan Tianfu Health Link" will give a pop-up prompt, asking candidates to do a good job in epidemic prevention and control according to the prompt requirements.

(four) when the qualification examination and examination, all candidates are required to provide the date of qualification examination and examination.Today.Twice within 3 days (sampling interval is 24 hours), the negative certificate of nucleic acid test (paper or electronic version is acceptable) issued by a qualified testing service institution in Sichuan, and those who show their Sichuan Tianfu Health Link (green code) and communication big data travel card (green code) and have normal body temperature (< 37.3℃) and no respiratory symptoms such as cough can be admitted to participate in the qualification examination and examination. Those who have been confirmed to have abnormal body temperature or respiratory symptoms on the spot will not take the exam any more, and should cooperate with the fever clinic of the nearest hospital. Candidates are requested to make preparations in advance. Candidates who fail to meet the requirements such as inspection results and sampling time are not allowed to enter the venue for reference.

(5) Candidates under any of the following circumstances are not allowed to participate in this qualification examination and examination:

(1) Candidates whose health code and communication travel card are "red code" or "yellow code";

(2) Candidates with abnormal body temperature (≥37.3℃) or abnormal respiratory symptoms confirmed on the spot;

(3) Qualification examination and examinationfrontCandidates who have lived abroad within 10 days and have not completed health management such as isolated medical observation;

(4) Close contacts or sub-close contacts of confirmed cases, suspected cases and asymptomatic infected persons in COVID-19, and candidates who have not completed health management such as isolation medical observation;

(5) The confirmed cases that have been cured and discharged from hospital, asymptomatic infected people who have been released from centralized isolation medical observation, and candidates who are still in the follow-up or medical observation period;

(6) Qualification examination and examinationfrontCandidates who have lived in counties (cities, districts and banners) where local epidemic occurred within 7 days and are implementing centralized isolation, home isolation and home health monitoring;

(7) Candidates who are implementing centralized isolation, home isolation and home health monitoring according to the prompt table of key areas for epidemic prevention and control in Sichuan Province;

(8) Candidates who fail to provide the corresponding negative certificate of nucleic acid test and other relevant certificates as required on the day of qualification examination and examination.

(6) In order to avoid the influence, candidates with a history of living abroad shall, in accordance with the relevant provisions on epidemic prevention and control, undergo corresponding isolation observation, health management and nucleic acid detection, and be executed in accordance with the requirements in paragraph (4) above.

(7) Candidates who cannot arrive at the designated place to participate in the qualification examination or examination on time due to the epidemiological history of relevant residence history, close contact history, etc., are deemed to have given up the examination qualification automatically. Candidates who are still in the treatment period or discharge observation period in COVID-19, as well as other personal reasons, cannot arrive at the designated place on time to participate in the qualification examination or examination, are regarded as automatically giving up the examination qualification.

(8) Candidates are requested to pay attention to personal protection, bring their own disposable medical masks, and wear masks all the time except for identity verification and temporary removal of masks as required during interview.

(9) In view of the recent multi-point distribution of domestic epidemics, the relevant provisions on epidemic prevention and control will be dynamically adjusted according to the overall deployment and latest requirements of epidemic prevention and control in the country, Sichuan Province and Guangyuan City. Candidates are requested to continue to do a good job in self-health management and pay attention at any time.The specific list of key areas and corresponding control measures released by "Sichuan Disease Control" and "Healthy Guangyuan" WeChat WeChat official account, as well as the latest epidemic prevention requirements of Guangyuan City, shall be strictly implemented in accordance with relevant regulations.

(10) Whoever conceals or falsely reports the key information of epidemic prevention and control such as the history of residence, contact history and health status, and does not cooperate with the staff to carry out epidemic prevention testing and inquiry, which will cause adverse consequences, cancel the examination qualification and terminate the examination; If there is any violation of the law, legal responsibility will be investigated according to law.

(eleven) during the examination, candidates should consciously abide by the order of the examination room, keep a safe distance, obey the arrangement of the on-site staff, and leave in an orderly manner after the examination. Candidates are found to be unwell during the examination, and if they do have respiratory symptoms such as abnormal body temperature and cough after retest, the resident medical staff will make a case prediction. Candidates who have the conditions to continue to complete the examination will be arranged to wait for the examination in the standby isolation examination room until all other candidates in the same examination room have completed the examination. After the exam, you should cooperate with the nearest hospital fever clinic; Candidates who do not have the conditions to continue to complete the examination shall be properly handled by the resident medical staff according to the regulations, and shall be regarded as automatically giving up the examination qualification.

(twelve) all candidates should submit the "Personal Health Information Commitment Letter" at the time of qualification examination, and promise to know the notification matters and epidemic prevention requirements. In case of violation of relevant regulations, voluntarily assume relevant responsibilities and accept corresponding treatment. Anyone who conceals or lies about the history of residence, contact history, health status and other key information on epidemic prevention and control, and does not cooperate with the staff to carry out epidemic prevention testing and inquiry, resulting in adverse consequences, will be disqualified from the examination; If there is any violation of the law, legal responsibility will be investigated according to law.

VII. Other related matters

(a) candidates should arrange their own itinerary in advance to ensure that they can participate in the qualification examination and examination on time. Qualification examination runs through the whole selection process, and any time a candidate is found to be unqualified, his qualification will be cancelled.

(two) the information is not uniform, the conditions do not match, provide false information or I did not participate in the qualification examination within the specified time, cancel the examination.Qualification, as the case may be informed or held accountable. At the same time, according to the requirements of the announcement, the replacement personnel are determined in turn, and the qualifications of the replacement personnel are examined, and the time for qualification examination for replacement is closed.2022yeareightmoon31sun18:00。 The replacement staff will inform you by phone, and please keep the phone open.

(3) If the replacement personnel fail to take part in the qualification examination within the specified time or fail to take part in the qualification examination due to the poor contact telephone number, they shall be deemed to have given up voluntarily and bear their own responsibilities.

(4) Those who pass the qualification examination will receive the Interview Notice on the spot. See the Interview Notice for details of the interview time and place.

(5) Candidates should carefully read the specific provisions and precautions in the Notice of Interview, and take the exam at the designated place on time with their valid ID cards and the Notice of Interview.

Special note: please be sure to keep the communication open in the near future. If the communication mode changes, please inform us in time. Be responsible for the consequences caused by being unable to contact.

Consultation telephone number:0839-3260540。

Attachment:1. Guangyuan City Work-for-Welfare Affairs Center publicly selected the list of candidates for interview qualification examination in 2022.

2. Health commitment letter during the epidemic.

Guangyuan work for the relief affairs center

August 23, 2022sun

Geely’s 2018 Emgrand GL officially went on sale for 788-115,800 yuan.

Geely's 2018 Emgrand GL officially went on sale for 788-115,800 yuan.

　　On January 1, 2018, Geely’s 2018 Emgrand GL was officially launched. The new car was also upgraded in appearance, interior and configuration. At the same time, it was equipped with a new generation of G-Netlink 3.2A intelligent in-vehicle system and full-speed ACC adaptive cruise system. The new car has launched 7 models with 1.8L and 1.4T displacement, and the official guide price is 788-115800 yuan.

Geely 2018 Emgrand GL Guide Price car make and model Guiding price (ten thousand yuan) 1.8L manual enterprising type 7.88 1.8L Manual Elite Zhilian Model 8.68 1.8L Automatic Elite Zhilian Model 　9.68 　1.4T Manual Elite Zhilian Model 　8.98 　1.4T Automatic Elite Zhilian Model 　9.98　 　1.4T automatic distinguished zhilian type 10.98　 1.4T automatic flagship type 11.58　

　　In addition, car purchase now enjoys four preferential policies: continuing the national 2.5% purchase tax reduction and exemption policy; Free unlimited traffic for 2 years, and enjoy the intellectual interest interconnection; The whole department has 24 periods of 0 interest, and it is easy to buy a car without pressure; Replacement purchase, enjoy a maximum subsidy of 3,000 yuan for car replacement.

Geely's 2018 Emgrand GL officially went on sale for 788-115,800 yuan.

　　In appearance, the new car continues the family design style, but it can also be clearly seen that the appearance adjustment, the grid spacing of the upper grid on the water drop ripple has been redesigned, and the lower grid adopts dense black horizontal stripes, which echoes the stripes below the fog lights on both sides, widening the overall visual effect of the front face; The brand-new far and near light integrated automatic induction headlights adopt LED light source and laser carved "GEELY" logo, which is more recognizable and advanced than the old models.

Geely's 2018 Emgrand GL officially went on sale for 788-115,800 yuan.

　　The new car adopts a quick-back streamline shape, and the GEELY LOGO is engraved on the chrome trim at the rear of the car to replace the original Geely shield brand LOGO. The use of LED light guide taillights and the shape change of two exhaust ports on both sides of the rear of the car make the new car look more exquisite.

Geely's 2018 Emgrand GL officially went on sale for 788-115,800 yuan.

　　In terms of interior, the new car basically retains the existing design, and still takes simplicity and elegance as the main tone, and makes adjustments in the central control multimedia control area, canceling the original physical buttons on both sides of the 8-inch central control screen and replacing them with touch virtual buttons.

Geely's 2018 Emgrand GL officially went on sale for 788-115,800 yuan.

　　In terms of configuration, the new car is equipped with Geely’s new generation G-Netlink 3.2A intelligent in-vehicle system, which has built-in the latest 2.0 generation Gaode map online navigation system, supporting real-time road navigation, one-click synchronization of mobile phone information, real-time online map upgrade and other functions; In addition, the working range of ACC adaptive cruise system for high-profile vehicles has changed from 30-150km/h to 0-150km/h, thus supporting the functions of following the car at low speed, stopping and starting again, and being suitable for traffic jams.

Geely's 2018 Emgrand GL officially went on sale for 788-115,800 yuan.

　　In terms of power, the 2018 Emgrand GL will be equipped with a new 1.4T high-efficiency turbocharged engine, which can output the highest power of 98kW and the maximum torque of 215N·m, matching the Gretel 6DCT transmission.

AT gearbox with a price of 91,800 yuan.

Located in the pickup truck, the car has attracted much attention since its debut. Recently, the Dongfeng family has upgraded its brand-new model, and its overall quality has been significantly improved, which has made many fans quite excited. In terms of appearance, the overall design of 6 is tough, the whole front face looks domineering, the headlights on both sides are sharp, and the internal light groups are patchy, and they are bright when lit. The side is still the unique design of Dongfeng, and the enchanting figure is displayed incisively and vividly! The new car’s butt is very round, with a tendency to protrude backwards, which is very playful, and the style of taillights is equally amazing, especially the brake lights, which echo each other with the daytime lights.

In terms of interior, this car is also very classy. The large leather coverage of the steering wheel brings a good sense of luxury. The soft material package area in the central control area is not small, and the materials and workmanship are exquisite. It is equipped with a 7.0-inch central control LCD screen with clear display and relatively young design. The front row is also equipped with an automatic air conditioning control system to freely debug the most comfortable space atmosphere. And there are graded ergonomic seats.

The length, width and height are 5310×1850×1810mm respectively, and the wheelbase has reached 3150mm. In the same class, the wheelbase of Ruiqi 6 ranks 16th. Among the models of the same price and class, the trunk volume of Ruiqi 6 ranks 14th. The space is relatively regular, without obvious protrusions, and the overall loading capacity is good.

Ruiqi 62.3T flagship diesel engine with automatic four-wheel drive adopts 2.3 engine, with maximum horsepower of 163 and peak torque of 380, which is matched with automatic manual transmission (AT). It will definitely bring unforgettable control charm. Ranked 10 th among 80,000-120,000 pickup trucks.

The active/passive safety configuration of Ruiqi 6 is complete, includingAutomatic parking、Zero tire pressure endurance tire、Automatic parking、Steep slope descent、hill start assist control、knee airbag、HUD head-up display、Anti-lock braking (ABS)、Braking force distribution (EBD/CBC, etc.)、Brake assist (EBA/BAS, etc.)、Traction control (ASR/TCS, etc.)、Active noise reduction、Engine start and stop、Side safety air curtain、Wireless charging of mobile phone、night vision system、LED daytime running lights、Forward reversing radar、Tire pressure monitoring、Steering wheel heating、Body stability control (ESP/DSC, etc.)、Rear reversing radar、Fatigue reminder、Remote parking、Child seat interface、Lane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

In order to get a more comprehensive and objective understanding of Ruiqi 6, you can go to the forum of Yiqi Ruiqi 6 and browse the messages of users who have bought the car in history.

What does 315 mean？ What day is it？ What is the theme of the party on March 15th, 2017？

　　The 315 party in 2017 will be held at 8: 20 pm on March 15. The theme of this year’s party is "Gather the power of honesty with responsibility”。 Why did network integrity become the theme of this year’s 315 party? What does 315 mean? What day?

  • The live broadcast of the 315 party enters:
  • Rights phone:

What does 315 mean? What day is it? What is the theme of the party on March 15th, 2017?

The origin of 3.15

　　March 15th every year is "World Consumer Rights Day", which was decided by international organization of consumers unions in 1983. Its purpose is to expand the publicity of consumer rights protection, so as to attract worldwide attention, promote the cooperation and exchanges between consumer organizations in various countries and regions, and better protect consumer rights internationally.

315&mdash; &mdash; The purposes of International Consumer Rights Day are as follows:

　　1, provide information to consumers, educate consumers, improve consumers’ awareness and ability to safeguard their rights and interests.

　　2. Handle consumer complaints and help consumers recover their losses.

　　3, collect the opinions of consumers and feedback to the enterprise.

　　4. Create public opinion, publicize consumers’ rights, and form public pressure to improve consumers’ status.

　　5. Participate in the formulation of national or government laws and policies on consumers, and ask the government to establish a consumer administrative system to deal with consumer problems.

　　6. Establish consumer groups and establish consumer sovereignty.

　　7. Strengthen international consumer groups and cooperation.

Review: the focus of 315 over the years

2016: Building consumption togetherfreshmanform

　　With the Internet going deep into life and reshaping people’s consumption concept, China’s consumption expenditure became the first driving force of economic growth in 2015. The party on March 15th, 2016 will focus on the two terms of "consumption" and "ecology". This evening’s party will focus on exposing some hidden rules of traditional consumption and emerging consumption fields. Among them, the take-away platform "Hungry" was criticized by the first name for hiding the black-hearted workshop, and it was criticized by the name because of the attention of consumers, such as the clear sale of the charging program, the hidden scam of used car trading, and the tricky promotion activities.

Related listed companies: Dao Youdao

2015: Consumption in the sun

　　As early as 1999, the theme of the "March 15th" party was "Sunshine of the Century". Fifteen years later, the "March 15th" party in 2015 responded to the theme of 1999, and it was drafted as "Consumption in the Sunshine", indicating that consumers can be braver and more dignified under the sunshine of the rule of law. Operators will be more disciplined, honest and credible; Regulators have more laws to follow and stricter law enforcement.

　　This March 15th party was the first to criticize the excessive maintenance of many brand 4S stores in the automobile industry. Unicom employees used customer ID cards to open more real-name cards. It was exposed that three major state-owned banks could use fake ID cards to handle cards. China Mobile and China Railcom provided various support for harassing calls. The explosion of electric hot water bottles was criticized by the party because of complaints from consumers and buyers.

Related listed companies: China Unicom, Industrial and Commercial Bank of China, Agricultural Bank of China, China Bank, No.100 Holdings, Zhongda Products, Meiling Electric.

2014: Make consumption more dignified

　　2014 marks the 20th anniversary of the promulgation and implementation of the Law on the Protection of Consumers’ Rights and Interests, and it is also a new starting point for the promulgation and implementation of the New Consumer Law. The theme of the party is to make consumption more dignified and revolve around the words "faith, law and righteousness".

　　The first person to be criticized by name was Hangzhou Guangqi Trading Company, which imported expired food as raw materials for bakery, and the expiration time ranged from several days to several years. These expired raw materials were repackaged or sold after the date was modified.

　　Other topics that are widely concerned by consumers, such as Gaohong, a subsidiary of Datang Telecom, implanting malicious software to reveal users’ privacy, violating the rules of Kangenbei brand cod liver oil, stealing money in public places without password wifi, and falsifying the fuel consumption of Haima cars, have been complained by consumers.

Related listed companies: Gaohong, Datang Telecom, Kang Enbei, Haima Automobile

2013: I am the master of my rights and interests.

　　Online shopping is increasingly recognized by consumers and has become an important part of people’s lives.

　　The first company criticized by name this year is the Apple mobile phone maintenance scam. After-sales maintenance of iPhone mostly adopts the whole machine exchange situation, while in China, the back cover of iPhone will not be replaced, and if the back cover is replaced, it will cost about 500 yuan more. Others named include the bulge of JAC Tongyue’s body paint, the loss of power during the driving of Volkswagen DSG gearbox and other complaints from consumers.

Related listed companies: JAC Automobile

2012: Building Honesty Together with You and Me

　　Fake prices, commercial fraud and other acts of losing credibility not only harm the interests of the people, but also endanger the development of economy and society and hinder the civilization and progress of the nation and society. The theme of the party on March 15, 2012 is to build integrity together, with you and me.

　　This 3.15 party exposed a series of business dishonesty incidents, such as McDonald’s selling expired food, Zhengzhou Guomao 360 Carrefour store being exploded to change the product packaging date, China Telecom providing spam companies with a full network channel to post spam messages, employees of China Merchants Bank and ICBC leaking information about customers sold, and illegal enterprises in Shantou, Guangdong Province making children’s toys with medical waste.

Related listed companies: China Telecom, China Merchants Bank and Industrial and Commercial Bank.

2011: Escort new consumption

　　In 2011, around the theme of "escorting new consumption", under the premise of paying more attention to the new historical background, we will pay attention to the new phenomena and problems in the emerging consumption field and set our eyes on the most concerned, direct and realistic consumption problems of the people.

　　The first Kumho tire to be criticized by name used a lot of recycled rubber in the production process, which greatly reduced the safety performance of the finished tire. Other names criticized include Shuanghui Clenbuterol incident, Gome’s malicious deception of state subsidy funds by exchanging old ones for new ones, Tian Popo’s illegal drug bath injury incident, and Hebei Chenguang Factory’s production of napkins with deinked paper, which have attracted consumers’ attention in the new consumption era.

Related listed companies: Shuanghui Development, Gome

2010: new rules, new impetus

　　Compared with the 1990s, the consumption environment, consumption characteristics and consumption patterns have undergone earth-shaking changes in 2010. Consumers are more hurt by merchant rules. At the same time, once the rules go wrong, it is no longer individuals who are hurt, but all consumers. The theme of this March 15th party is "New Rules, New Motives".

　　The first thing criticized at the party was the high maintenance cost of HP tablet. Some consumers reported that HP only guaranteed the expensive screen in the notebook for two years. Once the screen has problems and the warranty period exceeds two years, consumers will have to bear huge maintenance costs, which is contrary to the warranty policy of "one year for the whole machine and three years for the main components" generally implemented by the state.

Related listed companies: HP

Involving five major fields of electric drive, battery, large die-casting, intelligent driving, and intelligent cockpit, Xiaomi Auto’s first press conference has several highlights

　　At the first press conference of Xiaomi Automobile, Lei Jun summed up in one sentence, "We have to do at least 100" first, only, and most ", so it is not a problem for me that friends occasionally cut off one or two Hu." The technical links of the press conference mainly involved five fields: electric drive, battery, large die casting, intelligent driving, and intelligent cockpit. Among them, the world’s highest speed motor, 9,100 tons of large die casting and other three electric and manufacturing technologies all made Xiaomi’s eyes shine in the industry for technology-based cars. In the second half of the press conference, Lei Jun also spent an hour and a half talking about SU7 design, safety, performance and other key indicators. Compared with the new car conference, the price was not announced. But Lei Jun said: "100 degrees, ternary lithium, Ningde era" three cars together are more than 400,000 yuan. So don’t shout 99,000 anymore, 149,000 is unlikely, still have to respect technology ", Lei Jun ruled out the price below 149,000.

Involving electric drive, battery, large die casting, intelligent driving, intelligent cockpit five areas, millet car first conference several highlights _fororder_image001

　　motor

　　Xiaomi has released three self-developed motors, HyperEngine V6/V6s and HyperEngine V8s. The HyperEngine V6/V6s super motor has a maximum speed of 21000rpm, of which the HyperEngine V6 has a maximum power of 299PS and a maximum torque of 400N · m. The HyperEngine V6s has a maximum power of 374PS and a maximum torque of 500N · m. The HyperEngine V8s has a maximum speed of 27200rpm, an output power of 425kW and a peak torque of 635N · m. It adopts the industry’s first 960MPa highest strength special silicon steel sheet and is expected to be on the bus in 2025.

　　Battery

　　Xiaomi self-developed the world’s first CTB integrated battery with inverted cells. The battery capacity can reach up to 150 degrees, and the theoretical CLTC cruising range is as high as 1200km +. The CTB integrated battery adopts two-in-one floor cover, cell inversion, multi-functional elastic interlayer and minimalist wiring harness design, which makes the integrated efficiency reach 77.8%, the overall improvement is 24.4%, and the height of 17mm is released. The double large-sided strong cooling solution ensures that both sides of the battery have heat dissipation plates, and the cooling area reaches the largest in the same class of 7.8m 2, achieving a cooling effect of 4 times the industry average. "Challenge the king of winter trams", Lei Jun said, Xiaomi aspires to be the king of winter electric vehicle battery life. After the new car is launched, everyone is welcome to test it.

　　Large die casting　

　　Xiaomi HyperCasting, a 9100t super die-casting technology developed by Xiaomi, has become the only domestic automaker to independently develop both a "large die-casting equipment cluster" and a "die-casting material".

　　In terms of equipment innovation, the cluster equipment covers an area of 840m 2, with a total weight of 1050t, which is equivalent to the size of two basketball courts, and the clamping force reaches 9100t at the top of the industry. In terms of material research and development, the optimal alloy formula is selected from 10.16 million formulas to ensure the perfect combination of strength, toughness and stability. Self-developed high-strength, high-toughness and heat-free environmentally friendly die-casting material "Titan Alloy". Focus on the pain point of "high maintenance cost" of integrated die-casting, and adopt a three-stage repairable design: integrated die-casting rear floor + medium and high-speed collapse zone + low-speed collapse zone. In medium and low-speed collisions, there is no need to replace large die castings; in high-speed collisions, this design can meet the 90km/h rear collision mark.

Involving electric drive, battery, large die casting, intelligent driving, intelligent cockpit five areas, millet car first conference several highlights _fororder_image002

　　Smart driving

　　Adaptive zoom BEV technology, road large model and super-resolution occupancy network technology constitute the three key technologies of Xiaomi’s intelligent driving. The industry’s first adaptive zoom BEV technology can zoom like the human eye, and can adaptively call different perception algorithms according to different scenes. Its perception grid can reach a minimum of 0.05m and a maximum of 0.2m, the recognition range extends from 5cm to 250m, the parking scene is more accurate, the urban scene can be seen wider, and the high-speed scene can be seen farther.

　　In terms of obstacle recognition, Xiaomi’s super-resolution occupancy network technology implementation provides unlimited types of special-shaped obstacle recognition. Compared with the traditional occupancy network, which relies on natural language models to describe obstacles as squares, Xiaomi’s innovative super-resolution vector algorithm can simulate all visible objects into three-dimensional objects with continuous surfaces, thus improving the recognition accuracy to 0.1m, which is twice the industry level. The self-developed one-button noise reduction function completely eliminates the impact of rain and snow on the recognition, greatly reducing the probability of false recognition. On the hardware side, the system is equipped with top-of-the-line configuration, including two NVIDIA Orin high-computing power chips, with a comprehensive computing power of up to 508TOPS. The sensing hardware includes 1 lidar, 11 high definition cameras, 3 millimeter wave radars and 12 ultrasonic radars (Max version models). Lei Jun stressed that the goal of Xiaomi Smart Driving is to enter the first echelon of the industry in 2024, and it is expected that the city NOA will land in 100 cities in 2024. The longer-term goal is to be the first in the industry.

Involving electric drive, battery, large die casting, intelligent driving, intelligent cockpit five areas, millet car first conference several highlights _fororder_image003

　　Smart Cockpit

　　The smart cockpit is Xiaomi’s "comfort zone", and it is the last part of Xiaomi’s "people, cars, and home ecology". In addition to the basic driver interconnection function, there is also a rich car and machine ecology. The first five-seat five-tone zone interaction function supports stable and cooperative wake-up of multiple devices. Almost all operations can be completed through the voice control of "Xiao Ai Classmate", and the core functions support offline use. The car start-up speed reaches 1.49 seconds. The industry’s first cockpit system streaming OTA upgrade technology realizes the upgrade while downloading. Mijia devices have no feeling of getting on the bus. At present, Xiaomi’s smart cockpit has supported 1000 + Mijia devices, automatic discovery, password-free access, and can set up automated scenes. Xiaomi also opens a unified standardized interface and rich standard protocols, and the built-in CarIoT expansion base supports a variety of devices to access, such as smart fragrances. Four sets of Pin point power supply communication design expandable physical buttons. In addition to Xiaomi users, "Apple users can also have a silky experience", Xiaomi fully supports wireless CarPlay car, and provides iPad-exclusive accessories and exclusive applications on the rear expansion screen.

　　appearance

　　Mi SU7 creates three body colors of bay blue, elegant gray and olive green, bringing a beautiful experience that originates from nature and returns to nature. With the goal of "design that can stand the test of time", it was jointly completed by BMW’s first Chinese designer Li Tianyuan, former Mercedes-Benz German headquarters senior exterior designer Qiu Zhen, and former BMW senior interior designer Shin. 28 degrees of front windshield, 17 degrees of large back and continuous curvature of the whole car profile G4, plus borderless water drop rearview mirror and goose warm stone lidar design, after 1000 + digital model simulation tests and 300 + mud model adjustments, the Xiaomi SU7 "world’s lowest wind resistance for mass-produced cars" – 0.195Cd, which combines extremely low energy consumption and ultra-high battery life performance. The body size of the Xiaomi SU7 is 4997mm x 1963mm x 1440mm, the wheelbase is 3000mm, the trunk volume is 517L, and the front trunk volume is 105L.

Involving electric drive, battery, large die casting, intelligent driving, intelligent cockpit five areas, millet car first conference several highlights _fororder_image004

　　performance　

　　Equipped with the HyperEngine V6/V6s super motor jointly developed by Xiaomi. The Xiaomi SU7 Max version adopts dual-motor all-wheel drive, peak torque up to 838N · m, total power up to 495kW, maximum speed up to 265km/h, 0-200km/h acceleration is only 10.67 seconds, and zero hundred acceleration is as fast as 2.78 seconds (minus start time). It adopts front and double fork arms rear five-bar independent suspension, equipped with Xiaomi Blast intelligent chassis, equipped with CDC damping variable shock absorber, Bosch ESP10.0 body stability system, Bosch DPB brake controller, Brembo four-piston fixed caliper and many other super configurations, turning radius 5.7 meters, 100-zero braking distance 33.3 meters.

　　safety　

　　In terms of important active and passive safety, the Xiaomi SU7 is equipped with an armored cage-type steel-aluminum hybrid body, with high-strength steel and aluminum alloys accounting for 90.1% of the body, and the torsional stiffness of the whole vehicle reaches 51000N · m/deg, fully meeting the European and European double five-star safety standards. Xiaomi’s CTB integrated battery technology has state-of-the-art heat dissipation and thermal insulation design, as well as the world’s most stringent battery safety testing and 14-layer hard core physical protection, as well as Xiaomi Car Cloud Collaborative Safety Warning System and other technical blessings, creating an all-round safety system without dead ends, and at the same time has excellent battery life.

　　The Xiaomi Mi SU7 has two battery life versions, with a range of 668km and 800km under CLTC conditions, respectively. The MAX version uses 800V super fast charging, and the battery life can reach 220km after 5 minutes of charging, truly optimizing performance and efficiency. Global security protection, from the bottom to the application layer, from single device to Inter-App communications, is equipped with 16 active security configurations and strict privacy security protection.

Involving electric drive, battery, large die casting, intelligent driving, intelligent cockpit five areas, millet car first conference several highlights _fororder_image005

　　In 1003 days, Xiaomi Auto finally ushered in its first official release. "3,400 engineers, over 10 billion R & D investment, more than 10 times the investment". Xiaomi handed in its first answer sheet at the end of 2023 when it rolled up to Flying. From Wei Xiaoli in the car 2.0 era to "Hua Xiaomei" in the 3.0 era, building a car has never been an easy task. As a contrast, NIO delivered ES8 for the first time in June 2018. Its 2016-2018 R & D expenses for three consecutive years were 14.65, 26.03, and 3.998 billion yuan respectively, with a cumulative total of 8.066 billion yuan. As of the end of 2018, there were 808 employees worldwide. It can be seen that in terms of funds, the scale of tens of billions is basically the basic investment of a new enterprise, but in terms of team size, Xiaomi has indeed expanded rapidly. Therefore, Lei Jun also repeatedly "warned" the price of SU 7, lowering users’ price expectations.

　　In addition to the previous "may be a bit expensive", at the press conference, when introducing the SU 7’s zero-hundred acceleration, maximum speed and maximum power compared with Taycan Turbo and Model S, Lei Jun once again sounded the "price alarm", "Speaking of this, I believe everyone has a basic understanding of what kind of car SU7 is, so everyone really don’t call it 99,000, this is impossible, 149,000 is also unlikely." At present, in the car industry where prices are flying, Lei Jun obviously does not want to take the "cost-effective" route. After this technical conference, Xiaomi’s technology can support the high price of SU 7, depending on the market feedback. (Source: Xiaomi Auto)

BYD’s new Tang officially went on sale for 165,800 yuan.

Yichexun　On August 16th, the new Tang was officially listed, with a price of 165,800 yuan. The appearance of the new car has changed a little, the main change is reflected in the interior design, equipped with the latest 15.6-inch adaptive rotating large screen and equipped with DiLink 3.0 system.

Externally, the new Tang basically continues the design of the current model. The family style of Dragon Face combines Chinese and Western design aesthetics. By adjusting some details, such as the black embellishment at the air inlet and the silver trim at the lower part, the overall layering is enhanced. On the side and tail, the blackened C-pillar and double waistline used in the new car make its visual effect more sporty, and the penetrating headlights increase the overall recognition.

The interior is the focus of this upgrade of Tang Dynasty. The new interior of Tang Dynasty has been upgraded completely, adopting the brand-new family interior design language designed by Paganetti, the global interior design director, and adopting the layout of horizontal penetration and embracing as a whole. This design style draws lessons from the architectural aesthetics of China Palace, and the new car uses black and brown color matching, with exquisite interior materials, paying more attention to the requirements for texture.

In terms of configuration, the new Tang upgraded a number of configurations, such as DiLink 3.0 intelligent network connection system, FSD variable damping system, DiPilot intelligent driver assistance system, NFC car key of mobile phone, 31-color interactive intelligent cockpit atmosphere light, and 15.6-inch 8-core adaptive rotating suspension large screen.

In terms of power, the new car is equipped with 2.0T, 141kW and 320Nm, matching the 6-speed manual.