Behind "Bulk Sanitary napkins": Controversial Menstrual Poverty and Price Storm

It has been calculated that an average of 2353 days in a woman’s life is menstrual period, which is equivalent to 7 years. If you use 3-4 sanitary napkins for daily use and 1 sanitary napkin for night use every day, according to the pricing of domestic brands, women spend 10,000 yuan more on sanitary napkins than men.

This figure spread evenly every month is not enough to attract too much attention, but for some women, it is a real "unspeakable".

The cause of the incident was that some netizens posted two screenshots, one was a "bulk sanitary napkin" of an online shop, and the price of 100 pieces was 21.99 yuan, which was far lower than the price of hardcover sanitary napkins on the market, while the other picture was asked by some netizens, "Do you dare to use such a cheap three-no product? Dare to buy it in private parts? " The two buyers replied that "life is difficult" and "I have difficulties".

The topic of "bulk sanitary napkins" quickly rushed to Weibo for hot search. Some netizens found out according to the screenshot of Weibo that the relevant qualification documents of bulk sanitary napkins came from Quanzhou Xianghe Sanitary Products Co., Ltd. Afterwards, the person in charge of the company told Litchi News that the bulk sanitary napkins sold in the online store were not produced by Xianghe, and the relevant documents were stolen. At present, the bulk sanitary napkins in the online store have been removed from the shelves.

However, the incident has not subsided. Some netizens said that although the bulk sanitary napkins were removed from the shelves, where should the poor women who can’t afford sanitary napkins go? Behind the controversy of "bulk sanitary napkins", the long-neglected issue of "menstrual poverty" is exposed in the public eye.

Who is buying and using "bulk sanitary napkins"?

"Bulk sanitary napkins" exist more in online shopping platforms. Searching for the keyword "bulk sanitary napkins" on an online shopping platform can find a large number of bulk sanitary napkins without corresponding labels such as outer packaging and shelf life. These bulk sanitary napkins vary in size, but most of them are sold in a package of 100 pieces, and the price fluctuates between 20 yuan and 25 yuan.

The original product link of the bulk sanitary napkins sold in the above-mentioned online store shows that the monthly sales volume of this bulk sanitary napkin is more than 300 pieces, and the baby evaluation is more than 800 pieces. Even after being exposed as unqualified, customers still buy it.

The monthly sales volume of a 100-piece bulk sanitary towel sold by another online shop is as high as nearly 1,000, with more than 5,700 comments from buyers. Among them, the number of favorable comments is close to 99%. Among these favorable comments, "high cost performance" and "large quantity discount" have become high-frequency keywords.

Ms. Guo, the person in charge of Quanzhou Xianghe Sanitary Products Co., Ltd., said that low-priced sanitary napkins are more popular in third-tier cities and rural remote areas. "Some women in their forties and fifties in rural areas will buy them because they think this is a big bag and cheaper than the brand sanitary napkins with few pieces and expensive prices on the market."

But obviously this can’t fully explain the huge turnover of bulk sanitary napkins on the online shopping platform-most rural middle-aged and elderly women are not the main force of online shopping, so where does a large amount of online turnover come from?

Under the topic of "How to treat bulk sanitary napkins" in Zhihu, a netizen named "Abu Bu" talked about his experience of buying bulk sanitary napkins when he was a student: "I can’t open the pot at home, I dare not ask my parents for money. I bought a sanitary napkin at the grocery store for 20 cents, and my mother bought a pack of 20 tablets for daily use for several months."

Another Zhihu netizen shared his special experience of contacting Sanwu bulk sanitary napkins: "In mid-June this year, my mother was diagnosed with uterine cancer, and her lower body was accompanied by irregular bleeding due to illness. The ureter was oppressed by the tumor and she could not control urination. She needed a lot of sanitary napkins every day. Knowing that her mother didn’t want to waste money on it, she tried to search and bought a lot of bulk sanitary napkins on Taobao." The netizen said that he only found it when he looked through his mobile phone after his mother died.

Some people in charge of online stores also said that behind the bulk sanitary napkins, there are not all tragic stories of women’s distress. September is the peak season for the sale of bulk sanitary napkins every year. Many students will buy bulk sanitary napkins for military training insoles. In addition, elderly people who can’t take care of themselves at home will also use bulk sanitary napkins as adult diapers.

"Bulk sanitary towel" is not completely equal to "three no products"

Many netizens question the safety of bulk sanitary napkins because of their poor packaging and low price. So, are bulk sanitary napkins necessarily equivalent to fake and inferior products?

The safety of sanitary napkins has always been concerned. From 2013 to 2014, domestic sanitary napkins experienced a period of low ebb, and quality problems were frequently exposed. In April 2013, Quanzhou police disclosed a major case of sanitary napkin fraud with a case value of 150 million yuan. In the same year, there was also a fake "Sophie" sanitary napkin with a hidden "grasshopper mummy" in Xiamen. In March, 2014, Consumer Report submitted 10 brands of sanitary napkins, including Hushubao, Sophie, ABC, kotex, Susan, etc. The test results showed that all the products submitted for inspection were detected with migratory fluorescent whitening agents.

The quality scandal once reduced the confidence of Chinese people in domestic sanitary napkins and turned to overseas brands. The data shows that although overseas sanitary napkin brands are more guaranteed in quality, many of their foundries are in China.

Ms. Guo told Litchi News that the quality control of domestic sanitary napkins has been very strict in recent years. "If there is a little mistake, you have to throw it away, but this does not mean that there is a quality problem." But she also admits that the quality of bulk sanitary napkins is not as stable as that of hardcover sanitary napkins.

Although Quanzhou Xianghe Sanitary Products Co., Ltd., where Ms. Guo is located, does not sell bulk sanitary napkins, Ms. Guo still believes that bulk sanitary napkins cannot be equated with "three no products". "The sanitary napkins were all in bulk when they were just produced, and then they were packaged by hand."

In Ms. Guo’s factory, employees sometimes "just take a plastic bag and walk away" from the bulk sanitary napkins that have just been produced on the production line and haven’t been packed in time. Although these sanitary napkins are in bulk, there is no difference in quality and packaged sanitary napkins, and the purchase price is closer to the cost price, which is economical and cost-effective. This special form of purchase is limited to factory employees and is regarded as an employee welfare.

Another situation similar to this situation is that some "tail orders" that cannot be sold in time can also flow into the market through dealers. For example, Ms. Guo said that if a customer places an order for 10,000 bags and matches 10,000 packaging bags, but the calculation in production is not so fine, and there are hundreds or thousands more pieces, such sanitary napkins often have no quality risk, but the packaging is simple and they are collected by some "missing" buyers.

This statement was also confirmed by Yang Peng (a pseudonym), the person in charge of an online shop. Yang Peng told Litchi News that in addition to buying bulk sanitary napkins from regular sanitary napkin manufacturers for sale, he would also take apart some brand sanitary napkins with defective packaging but no quality problems and sell them separately.

Manufacturer: The sanitary towel industry is not a profiteering industry, and its profit rate is less than 10%.

The topic of "bulk sanitary napkins" ignited the discussion of "whether sanitary napkins are expensive or not" among netizens. The online sanitary towel industry is a profiteering industry with a profit rate as high as 50%-70%, which Ms. Guo denied.

Ms. Guo told Litchi News that the bare material cost of sanitary napkins is really not high.A high-quality bare 245mm sanitary towel is about 25-30 cents, plus packaging costs, labor costs, transportation costs, machine depreciation costs, factory rent, etc. As far as manufacturers are concerned, the profit rate is less than 10%, which is not a profiteering industry rumored by the outside world.

So, which link has opened the gap between different grades of sanitary napkins? Ms. Guo said that in terms of production channels, the gap between different grades of sanitary napkins is reflected in the use of materials and processes, but the premium may be quite different when entering the sales and circulation stage.

Another sanitary towel manufacturer revealed to Litchi News that because the raw materials of sanitary napkins are the same as those of masks, this year, due to the epidemic situation, the demand for masks has led to a sharp rise in the price of raw materials, and the cost of sanitary napkins has pushed up, and the factory has almost failed to maintain.

Yang Peng had previously worked as an agent for a famous domestic brand sanitary napkin. He said that although the market price of the famous domestic brand sanitary napkin was higher than that of the small brand, the difference between the ex-factory price and the market price was not big, and the profit of the distributor hovered around 8%-15%.

Tan Feng (pseudonym) is a wholesaler of daily chemical products in a third-tier city in Sichuan. A few years ago, she also purchased a large number of brand-name sanitary napkins for wholesale, and the business was very good. In recent years, she found it difficult to find a market for brand-name sanitary napkins, and she turned to selling well-known domestic brands-although the profit was not high.

According to Tan Feng’s analysis, on the one hand, because people’s living standards have improved, they are more cautious in choosing personal hygiene products. On the other hand, due to the continuous impact of e-commerce, many online stores purchase goods directly from manufacturers, which greatly reduces the cost of circulation, and has more price advantages than traditional purchase channels like hers. Brand sanitary napkins purchased from supermarkets are often higher than those purchased from online stores.

She believes that both the previous brand-name sanitary napkins and the current bulk sanitary napkins have a considerable sales volume, "indicating that low-priced sanitary napkins have always had a good market."

Expert: Sanitary napkins can be used as poverty alleviation products, and improving the treatment of women is the fundamental solution to menstrual poverty.

In fact, whether it is expensive or not is a relatively personal question. The reason why the topic can cause great discussion is that menstrual products are a necessity for women’s life besides commodity attributes. It is a unique burden brought by women’s physiological structure and should not be taken for granted by women.

At present, China collects the same 13% value-added tax on menstrual products as most ordinary goods. Some netizens have combed and found that more and more countries have paid more attention to menstrual poverty and made changes.

For example, Canada, Australia and most States in the United States have taken the lead in realizing tax exemption. Germany only levies a tax rate of 7%, and after Brexit, Britain promised to implement a tax exemption policy for this product at the end of January 2021; Among the less developed countries, India, Kenya and Malaysia have already realized tax exemption for menstrual products.

In addition to tax reduction or even tax exemption, some countries have also given another solution: free provision.

On February 25, 2020, Scotland passed a bill, becoming the first country in the world to provide menstrual physiological products to women all over the country free of charge. In new york, USA, menstrual supplies are provided in public schools, prisons and shelters, and these supplies are placed in places where they can be easily accessed.

Should sanitary napkins be reduced in price? Hong Tao, a professor at Beijing Technology and Business University, believes that sanitary napkins have their particularity, but they are still general commodities in essence, and the pricing of sanitary napkins should be determined by the market, not the government. Government-priced products are mainly aimed at daily necessities or very tight or strategic products.

Since it is market pricing, there will be quality price difference, quality price difference and link price difference, and even time price difference or regional price difference. "The link price difference of sanitary napkin industry should be allowed, otherwise no one will do this industry. The appropriate link price difference should exist, but it should not be too large."

Regarding the concern about "menstrual poverty" in the form of tax reduction proposed by netizens, Hong Tao said that tax reduction may not solve the price problem, and sanitary napkins can be considered as poverty alleviation products."Under the background of tackling poverty and realizing a well-off society in an all-round way this year, it can be included in the product content of consumer poverty alleviation and directly provided to female consumers in poverty-stricken areas for free."

In addition, Hong Tao believes that if we want to emphasize the particularity of sanitary towel products, we can use guiding prices, such as determining the highest price to protect the interests of consumers and determining the lowest price to protect the interests of producers. ??

"Of course, it is best to make full use of the market as the basis for allocating resources. Hong Tao said that under the current background, the market of sanitary napkins should be liberalized, and the quality difference, quality difference, regional difference and time difference of sanitary napkin products should be advocated. The responsibility of government market supervision is to supervise and manage the quality, quality, competitive environment and business environment of sanitary napkin products, and not to interfere too much in the market. "When the conditions are met, we can adopt or learn from the low tax, zero tax or free provision in some other countries. "

"This involves not only economic issues, but also political and social issues. This is not only a question of reducing prices and taxes, but also improving the treatment of women. For example, better ensuring equal pay for equal work and improving women’s status are the fundamental ways to solve women’s menstrual poverty. " Hong Tao said.

Luhan and Yang Ying are hot searches for new dramas. Can they make a comeback by acting?

1905 movie network feature Recently, there has been a new "see you for a long time" in the entertainment industry.A representative of a male artist who has been criticized for his poor acting skillsLuhanAnd traffic female artist representativesYang Ying, because of the hot search before and after "acting progress" in the new work. "Melon Eaters" was full of question marks, and found that this didn’t seem to be a marketing account "embarrassment", and the quality of the two new dramas was indeed good.


The online drama "Crossing the Wire" starring Lu Han has a good reputation, with a score of 8 points on Douban. The topic of #Luhan’s acting #was listed on Weibo’s trending topic list, and netizens have said that "Luhan’s acting has improved" "Breakthrough is great" "Looking forward to Luhan in" Doom "in the future."


Another film starring Yang Ying, "Skyscraper", also scored 8.1 points on Douban, and the topic of #YangYing crying drama also triggered a heated discussion among netizens. According to the poll, more than 54% of netizens believed that his "acting has improved" and "saw efforts".


Zhang Ziyi’s Weibo post commented on Yang Ying’s sincere and natural performance, and some media posts said that the two finally ushered in a comeback in their acting skills.


This time, Lu Han and Yang Yingzhen’s acting turned around?Today we specially invite film critic Ai Hui to join us in paying attention to the actors Lu Han and Yang Ying who have recently been talked about for their acting skills.


Luhan | Looking for "Me in the Play"



In the online drama "Crossing the Line of Fire", Lu Han and Wu Lei play two e-sports players who originally belonged to different time and space but met in the game map. The character Xiao Feng played by Lu Han belongs to 2008, when e-sports has not yet ushered in its best era. Xiao Feng’s team has been misunderstood and ridiculed, but he has always adhered to his dream.



"His speaking skills still need to be improved, but this time he created a good atmosphere," Ai Hui said after watching a clip of Lu Han’s performance live, adding bonus points from styling to details.


"First of all, he is not the kind of’idol drama ‘style, which is closer to life; second, his performance in details is very life-like. During the crying scene, he naturally wipes away tears with the back of his hand," Ai Hui analyzed. Coupled with slightly swollen eyes and messy hair, these details help to pull the audience into the story.


Referring to the works that Lu Han had previously been questioned about performing, Ai Hui said that for Lu Han, whose performance level is at a "relatively basic stage", it is very important to find a role that suits him.Playing the e-sports player this time is a very smart choice – he already plays video games, "he doesn’t need to do a lot of homework to understand the character". When he fully unleashes his true self, the effect naturally exceeds the audience’s expectations.


Another work starring Luhan, "Doom Escaped", also officially met the audience. "I think Luhan’s performance in it is worth looking forward to", Ai Hui is optimistic about Luhan’s new work.In the play, he plays a rebellious teenager. "I think he has started to figure out what acting is, and Lu Han may slowly find a feeling in such a team," Ai Hui said.


Yang Ying | Actress "doesn’t have to be beautiful"



Compared with Luhan’s wide-ranging praise, Yang Ying’s new work brought more controversy under the topic of #angelababy crying scene #hot search. "The crying scene like a porcelain doll" sparked a heated discussion among netizens, "She wants everything to be beautiful and exquisite," Ai Hui commented.



"Yang Ying should be making progress," Ai Hui said affirmatively. "She’s crying because she couldn’t cry before." But her movements "can sum up the routine," such as blinking your eyes when you express curiosity and shock, and then moving your lips a little; when you cry, look at the sky, and then shake your hair. "Ai Hui believes that Yang Ying’s performance mode always satisfies a certain" standard aesthetic feeling. "


"She may not have been born at the right time," Ai Hui sighed."If she was in the same era as Li Jiaxin, she might not have encountered so many criticisms of her acting skills," Ai Hui analyzed, "because Li Jiaxin’s acting skills are not good, but she met a director like Wong Kar-wai. In the Hong Kong film industry at that time, there was a type of film that needed to be amplified infinitely."


"What kind of acting do you think she did? No, she just had to stand in front of that camera and ask Du Kefeng to find a fisheye photographer, and you would feel that she did well."


Yang Ying did take on many similar roles, and the performance in the movie was a typical "Yang Ying-style performance"."There are not many lines, but they are beautiful enough to make people feel amazing; when you don’t speak, your eyes are smart enough," Ai Hui said. In other words, she herself and the team are notoften clearlyKnow, "Which roles are more pleasing to her next".


"I think the first thing she has to do is break through her one-sided thinking about actors, that is, actors don’t have to be beautiful, let alone be ugly, and first act like an ordinary girl," Ai Hui said. To Ai Hui, Yang Ying "still hasn’t done it" at present.In fact, actors who are idols like Lu Han and Yang Ying often bear more attention in their acting skills.


Over the years, they have been trying their best to prove themselves by using their acting skills. The surprise that Jackson Yee brought to the audience in last year’s film is also an important node for the idol actors from a certain perspective. "Everyone is no longer judging the traffic stars as they used to be. This is a very benign stimulus."


For the average audience, a simple judgment is the character’s credibility and attractiveness. "If Yang Ying and Lu Han keep playing, maybe at a certain corner, there will be a character they understand very well and finally show a good effect. Always stick to it," Ai Hui said.


Ministry of Communications: Continue to remove Didi Hitch from the shelves before completing the rectification of hidden dangers

  On November 28th, according to the WeChat official account of the Ministry of Transport, on the morning of the 28th, the Ministry of Transport held a news conference on the inspection of the special project of the online car ride-hailing type safety, in conjunction with the Central Network Information Office, the Ministry of Public Security and other departments, reported the inspection work. According to the report, Didi has 7 main problems, and continues to remove the Didi ride-hailing business before completing the rectification of potential safety hazards.

  Check the basics

  Since the beginning of this year, there have been cases of passengers being killed in Didi Hitch in Zhengzhou, Wenzhou and other places. The central leadership has attached great importance to it, and the social impact has been very bad.

  After the inter-ministerial joint meeting on the coordinated supervision of new business models of transportation, the Ministry of Transport, the Central Political and Legal Committee, the Central Network Information Office, the Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Public Security, the Ministry of Justice, the Ministry of Emergency Management, the People’s Bank of China, the General Administration of Market Supervision and other 10 departments formed a special project inspection working group for safety. From September 5th to 15th, Didi, Shouqi, Shenzhou, Cao Cao, Yidao, Meituan, TikTok, Autonavi and other 8 major online car-hailing and ride-hailing platform companies carried out joint security project inspections and went to Zhengzhou and Wenzhou to learn about the case.

  At the same time, all localities have also carried out safety inspections on other online car-hailing and ride-hailing platform companies in the region with reference to the form and content of ministerial-level inspections.

  In accordance with the decision-making and deployment of the State Council, the Ministry of Transport, together with relevant departments, has always adhered to the basic principles of people-centered and "encouraging innovation and standardized development" for new forms of transportation services such as online car-hailing, and implemented inclusive and prudent supervision. The special project inspection work adheres to the problem-oriented and goal-oriented, and in accordance with the principle of "comprehensive coverage and key points", "check the pulse of the physical examination and prescribe the right medicine" for the platform company, focusing on the platform company’s existing problems affecting public safety, passenger personal safety, information and other issues. At the same time, adhere to the rectification while inspection, urge and guide the platform company to check the problem, analyze the cause, make immediate changes, block security bugs, and effectively protect the safety of people’s lives and property.

  The main issues identified

  From the inspection, Didi mainly has the following seven problems:

  First, there are major security risks in Hitch products. There are risks of user personal information leakage and security risks, product "social" positioning induces major security risks, Hitch rules violate relevant national and local regulations, are suspected of illegally operating road passenger transportation, and the business fund settlement model is not compliant.

  The second is that the main responsibility for safety production is not in place. The safety management organization is not perfect, the safety management system has major deficiencies, the safety production responsibility system and the accident hidden danger investigation and management system have not been implemented, and the safety production costs have not been fully guaranteed. Safety management personnel have not passed the assessment and have not carried out driver training and education as required.

  Third, the problem of illegal operation of online car-hailing is prominent. There are a large number of unqualified illegal operations of platform companies, vehicles and drivers.

  Fourth, the foundation of emergency management is weak and inefficient. The formulation of emergency plans is unscientific, the system is not perfect, the emergency drills are not in place, the emergency management personnel are seriously insufficient, the customer service personnel are seriously insufficient, the emergency response efficiency is low, and the linkage mechanism with relevant departments is not perfect.

  Fifth, the risk of social stability is prominent. To promote the "rent-based purchasing" business, the operating rules such as order dispatch and distribution mechanism are opaque, and orders are changed day by day, which poses hidden dangers of instability.

  Sixth, the problem of public safety hazards is relatively large. The driver’s qualification and background review are not in place, the company’s offline management of people and vehicles is out of control, criminal security cases occur from time to time, the main responsibility of comprehensive social security management is missing, the early warning and cleaning of high-risk drivers are not in place, the abnormal itinerary and abnormal order cancellation are not effectively monitored and managed, and the APP safety function settings are not perfect.

  Seventh, there are hidden dangers in Internet information security. There are loopholes in information systems, hidden dangers and risks of being attacked by external hackers and unauthorized access by internal employees; data grading and classification management requirements are not strictly implemented, and user personal information is stored in plain text; information security responsibilities of employees in important departments and positions are not implemented effectively, and specific measures are not enough; Insufficient management and training of employees in information security.

  For the other seven platform companies, the main issues identified during the inspection included:

  First, the compliance rate of online car-hailing is still insufficient. Some "asset-heavy" platform companies have high compliance rates for their own vehicles, but some "asset-light" companies have low compliance rates. Second, safety production management needs to be strengthened urgently. There are problems to varying degrees in implementing the main responsibility of safety production, signing safety production responsibility letters at every level, and strengthening safety production education and training.

  Third, there are deficiencies in public security prevention. There is a general lack of dynamic management of the background situation of vehicles and drivers, and security protection technology needs to be improved. Fourth, there are hidden risks in Internet information security. Some companies have not implemented the relevant work of grade protection as required, the data grading classification management regulations are not clear, and the management and training of internal information security of enterprises are insufficient. Fifth, some product capital settlement models are not compliant, and there are capital security risks.

  Handling opinions on relevant responsible units and responsible personnel

  In response to the problems discovered by the inspection team, the inspection team formed opinions on the handling of relevant responsible units and responsible persons according to law, mainly including the following aspects:

  The first is to continue to remove Didi Hitch from the shelves before completing the rectification of potential safety hazards. For Didi, there are serious illegal acts of wantonly engaging in illegal business activities in the name of Hitch, endangering social and public interests, and major liability accidents and multiple safety production accidents have occurred, resulting in serious consequences. The company is ordered not to continue to carry out Hitch business until the rectification of potential safety hazards is completed.

  The second is to deal with illegal operations in accordance with the law. The relevant territorial management departments shall, in accordance with the "Interim Measures for the Administration of Online Booking Taxi Business Services" and the relevant requirements of the local implementation rules, severely crack down on online car-hailing platforms and private passenger car sharing information service platforms for illegally engaging in taxi business activities, and increase penalties for platform companies and other enterprises.

  The third is to impose administrative penalties on the relevant responsible persons in accordance with the law. The relevant territorial management departments shall impose administrative penalties such as fines on the main responsible persons and legal representatives of Didi Chuxing Technology Co., Ltd. in accordance with the relevant provisions of the "Safety Production Law". At the same time, the company is required to handle the internal responsible persons according to the list of problems.

  The fourth is to deal with suspected acts of excluding and restricting competition and publishing illegal advertisements. For Didi’s suspected use of market dominance to obtain improper benefits, in accordance with the Antimonopoly Act and other laws and regulations, the market supervision department will take the lead in organizing interviews and issuing reminders. For Didi Hitch’s previous propaganda advertisements suspected to contain content that obstructs social public order and violates good social customs, interviews will be conducted and disposed of according to law.

  Requirements for rectification of platform companies

  According to the problems found in the inspection, the Joint Inspection Unit put forward rectification requirements for Didi Company. The specific requirements are as follows:

  The first is to strengthen the safety management of hitchhiking. Offline rectification of hitchhiking hidden dangers, comprehensive self-inspection and rectification of hidden dangers, before the rectification of hidden dangers is completed, the hitchhiking business will be stopped indefinitely, and the privacy protection of users’ personal information will be strengthened. Strengthen new product security evaluation.

  The second is to implement the main responsibility of safety production. Strictly implement the "Safety Production Law" and other laws and regulations, establish and improve the company’s safety production management rules and regulations, strengthen the construction of offline safety forces, improve the cooperation mechanism between government and enterprises, implement the safety production responsibility system, strengthen the investigation and management of hidden dangers, and strengthen Security Training education.

  The third is to operate in full compliance with the law. In accordance with relevant regulations, comprehensively promote the compliance of online car-hailing, remove non-compliant vehicles and drivers on the platform as soon as possible, and connect the online car-hailing operation information data to the national online car-hailing supervision information exchange platform according to regulations, and ensure data quality.

  The fourth is to improve emergency response capabilities. Improve and perfect the company’s emergency plan system, enhance the pertinence, practicality and operability of emergency plans, improve the emergency response mechanism for emergencies, and effectively achieve responsive and efficient handling. Increase customer service force allocation and handling capabilities. Strengthen customer service personnel training, strengthen complaint handling capabilities, and improve customer service personnel response capabilities. Improve the linkage mechanism with relevant management departments to ensure rapid response and handling of emergency incidents.

  The fifth is to implement the main responsibility for social stability. Take the initiative to implement the main responsibility for social stability of enterprises, respond to drivers’ demands for enterprises in a timely manner, resolve conflicts in a timely manner, strengthen the education and management of connected drivers, and cooperate with relevant departments to maintain industry stability.

  The sixth is to strengthen the governance of public safety issues. Take good care of the access of vehicles and drivers, strengthen the dynamic verification of vehicle and driver qualifications, strengthen the dynamic risk management and control of vehicle operation, strengthen the consistency review of online and offline people and vehicles, resolutely block "impostor" security bugs, and implement the main responsibility of comprehensive social security management.

  The seventh is to improve the level of Internet information security management. Conduct an overall investigation of the internal information system,. Further improve the data grading classification management measures and strictly implement them to strictly prevent information leakage. Improve the company’s information security management system, clarify the information security post responsibilities of key departments and key personnel, formulate a systematic Internet Information Security Training plan, and urge employees to further enhance their awareness of information security responsibility.

  For the other 7 platform companies, the rectification requirements put forward by the inspection team mainly include: First, comprehensive compliance with the law. Accelerate the progress of vehicle and driver license applications in accordance with relevant regulations, and realize all legal compliance of vehicles and drivers under the platform as soon as possible. Remove non-compliant vehicles and drivers, and standardize the product fund settlement model. The second is to improve the level of safety production management. Implement the main responsibility of safety production in accordance with relevant laws and regulations, strengthen customer service team building, improve customer service team awareness and handling capabilities, and conduct regular training to continuously improve the platform company and driver emergency response capabilities. The third is to improve offline management and service capabilities. Improve vehicle and driver management mechanisms, improve offline service quality, and ensure that various safety and security measures are in place. The fourth is to strengthen the governance of public safety issues. Do a good job in security risk investigation, improve the platform APP function settings and strengthen vehicle risk management and control, and deal with vehicle dynamic risk hazards in a timely manner. Fifth, improve the level of Internet information security management. Do a good job in level protection related work, and regularly carry out information security threat and risk assessment and hidden danger investigation work. Perfect data grading classification management methods, key data should be encrypted and stored to prevent the leakage of user personal information.

  Regarding the above existing problems, handling measures and rectification requirements, the Joint Inspection Unit has sorted out the relevant list and formally provided face-to-face feedback to the relevant platform companies.

  In the next step, the Joint Inspection Team will guide the relevant departments of the territory to follow the requirements of relevant laws and regulations and the list of issues reported by the inspection team, and urge the platform company to seriously implement the rectification and put it in place to better ensure the safety of people’s travel.

Which good design won a million gold medals? The 7th China Design Intelligence Award was announced in Zhejiang.

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  On the evening of March 12th, the 7th China Design Intelligence Award (DIA) awarding ceremony was held in Shaoxing Ke Qiao International Convention and Exhibition Center. Many representatives from global high-end manufacturing, high-tech companies, well-known design companies and internationally renowned universities witnessed the birth of the Double Million Gold Award.

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  Twenty-nine works competing for the highest prize and bonus were announced at the award ceremony, including two gold awards, eight silver awards, ten bronze awards, two star awards and seven innovative design awards.

  What works stand out? Come and have a look!

  Gold medal-

  Portable intelligent photovoltaic cleaning robot

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  Submitted by: Suzhou Yibote Intelligent Technology Co., Ltd.

  Nationality: China.

  Description: Wing Bot pioneered the concept of "photovoltaic intelligent cleaning robot" and proposed and designed a "crawling" moving suction cup to solve the cleaning problem of photovoltaic array. The vacuum adsorption photovoltaic cleaning equipment effectively changed the shortcomings of traditional cleaning equipment, such as heavy, difficult to carry, inconvenient to deploy and short battery life. This work breaks the traditional concept and redefines the portable photovoltaic cleaning robot. The robot is small, light, waterless, intelligent and environmentally friendly, which makes it possible for photovoltaic cleaning robots to truly enter thousands of households.

  Pangu drug molecular large model intelligently accelerates drug research and development

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  Submitted by: Huawei Technologies Co., Ltd.

  Nationality: China.

  Description: Pangu drug molecular model is a platform to assist researchers to accelerate drug research and development through AI technology. Drug research and development relies on cloud computing power and AI model, and the whole process is visible and perceptible; Multi-dimensional visual design improves the readability of complex medical data: computer simulation technology and molecular dynamics principle are used to minimize the knowledge and skills requirements of scientific researchers; Through the intelligent recommendation of medical knowledge map and the design of path record, scientific research and exploration are more efficient, and the path record of scientific research and exploration is preserved and traceable visually.

  Silver Award-

  Bunraku Puppet Robot BR-02 

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  Submitted by: Osaka University of Arts

  Nationality: Japan

  Description: Bunraku Puppet Robot BR-02 is a robot with new structure, such as skeletal expansion and contraction, which is specially designed for emotional and bio-like movements that traditional mechanical humanoid robots do not have. These achievements can improve the communication and affinity between human and robot, and create the best symbiotic relationship between human and robot.

  Bubbl

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  Submitted by: Bubbl

  Nationality: UK

  Description: Bubbl subverts the British retail and town center management departments through new content distribution and community participation tools. Although their software adds complex functions to the application, it is separated from the application and easy to plug and play. This means that immersive content can be triggered by location, turning any application into a new channel. 

  Darwin Bucky

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  Submitted by: andblack design studio

  Nationality: India

  Description: Darwin Bucky is a multi-functional prefabricated parametric building "exoskeleton", which has a modular light independent (or cluster) structure that is easy to insert, challenging the inherent fixity of traditional buildings; The impact on the site is minimal at any location; Can be assembled or disassembled in a few days; And can be stored/transported in containers. 

  Hiphi Z

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  Submitted by: Chinese Express

  Nationality: China.

  Description: HiPhi Z, as one of the double flagships of Gaohe brand, locates the high-end luxury electric vehicle market. Gaohe HiPhi Z focuses on the demand of high-end new energy market, deeply analyzes the pursuit of high-end customers for personal design taste and future fashion, fully practices the concept of "scene definition design", and the industry’s first star ring light curtain ISD system pushes the intelligent interaction of lighting to a new height, providing users with a unique futuristic experience in today’s highly homogeneous products.

  rapid rescue

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  Submitted by: UNION CORPORATION JAPAN

  Nationality: Japan

  Description: rapid rescue is a simple and beautiful stretcher that can be stored on the wall. It is designed to be placed in a public place where people gather without feeling uncomfortable, so that it can make a quick response in an emergency.

  Spaceplus Infusion Pump System

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  Submitted by: KOOP INDUSTRIAL DESIGN

  Nationality: Germany

  Description: B.Braun Space Plus system is designed for intensive care unit (ICU), including two types of pumps: Perfusor?, Infusomat? and a docking station.

  JD.COM zhi Zao yun Xin pin hatch platform

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  Submitted by: JD.COM Science and Technology Information Technology Co., Ltd.

  Nationality: China.

  Description: JD.COM Zhizaoyun New Product Incubation Platform provides market trend insight, product design, intelligent payment measurement and other services to help manufacturing enterprises greatly improve the success rate of new product listing, realize the seamless connection of brand marketing operations and achieve effective commercialization.

  Iflytek intelligent hearing AIDS

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  Submitted by: Iflytek Co., Ltd.

  Nationality: China.

  Description: This is a digital channel hearing aid based on headphones, which achieves 90% of the functions of ten thousand yuan hearing aid at 10% price. Patients don’t need to go to the hospital again. Through the mobile APP and simple interactive operation, they can self-help fitting at home.

  Bronze award-

  Coffee Kreis

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  Submitted by: Coffee Kreis

  Nationality: USA

  Description: Kreis cup is a sustainable, reusable and biodegradable coffee cup made of recycled coffee grounds. Reduce millions of tons of coffee grounds thrown into landfills every year by providing disposable plastic/paper cup substitutes. 

  PAPER RAZOR

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  Submitted by: Kai Corporation.

  Nationality: Japan

  Description: PAPER RAZOR is a razor designed with paper handle and metal head to reduce the use of plastic. This razor is packed in a flat package and can be used after assembly. It is only 3 mm thick and weighs only 4 grams.

  S plan Model S

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  Submitter: Beijing Mitao Zhilian Technology Co., Ltd.

  Nationality: China.

  Description: The S-plan strength trainer is a body and health management device based on electronic counterweight, which can accomplish the training goal more safely and effectively.

  U4 electric bicycle

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  Submitted by: Hongji Two-wheel Intelligent Transportation Co., Ltd.

  Nationality: China.

  Description: U4 is a minimalist and versatile electric bicycle, which provides users with cost-effective products by highly integrating and innovating the appearance and function of the whole vehicle.

  Fast folding bed

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  Submitted by: Zhejiang Taipusen Industrial Group Co., Ltd.

  Nationality: China.

  Description: The fast folding bed is a laborious product to solve the common use fee of lunch break bed through the structure of fast folding and opening. It adopts the linked fast folding mechanism, which can be easily opened and folded in only 2 seconds.

  Lantingxu

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  Submitted by: Zhejiang Chahui Home Furnishing Co., Ltd.

  Nationality: China.

  Description: Lanting continues to combine culture, art and technology to realize industrial production, change the high-end tea table to use precious wood, and realize green and sustainable development of cultural creativity.

  Lijiang panoramic sightseeing train

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  Submitted by: CRRC Zhuzhou Electric Locomotive Co., Ltd.

  Nationality: China.

  Description: Lijiang Tourist Tram is the world’s first panoramic mountain tourist train tailored for Lijiang by Zhuji Company.

  Bound M5 EV

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  Submitted by: Huawei Terminal Services Co., Ltd.

  Nationality: China.

  Description: Wujie M5 EV is a medium-sized intelligent pure electric SUV which adopts intelligent interactive technology and combines user operation with vehicle technology to solve users’ smart travel and life.

  a head

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  Submitted by: Dongfang Zhigan (Zhejiang) Technology Co., Ltd.

  Nationality: China.

  Description: "Plant" the next tree, and turn the ordinary plastic greenhouse into a smart greenhouse with perception.

  Mobile housekeeping digital country care edition

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  Submitted by: China Mobile (Hangzhou) Information Technology Co., Ltd.

  Nationality: China.

  Description: This work is an aging security product system for the rural elderly, adhering to the "sincere" design concept, that is, the product quality is clumsy and the design is honest.

  The Star of Tomorrow Award-

  Project Moab

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  Submitted by: Fresh Consulting

  Nationality: USA

  Description: Moab project is a hardware suite, which aims to make users feel the powerful function of machine teaching by bringing tangible artificial intelligence experience to their desks.

  low carbon campus

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  Submitted by: China Academy of Fine Arts

  Nationality: China.

  Description: The low-carbon campus is driven by behavior design, which combines data with scene wisdom to create a low-carbon new economy through artistic production and promote low-carbon to become a new social trend.

  Design cutting-edge award-

  Gravel – a football shoe from Ghana

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  Submitted by: FH Joanneum

  Nationality: Austria

  Description: Gravel is a kind of football shoes, specially designed for the harsh conditions of Ghana football field. This football shoe consists of a hemp upper and a replaceable rubber outsole. Its innovative shoelace system skillfully connects the replaceable rubber outsole with the hemp fabric upper.

  Design of automatic disinfection handle for public transport facilities

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  Submitted by: Anhui University of Engineering

  Nationality: China.

  Description: The automatic disinfection handrail of public transport facilities is a product that automatically disinfects the handle through infrared induction and solves the disinfection problem of public transport design.

  Halcón- composite joint extreme sports protective gear

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  Submitted by: Department of Industrial Product Design, Shih Chien University

  Nationality: China.

  Description: Halcón is a new type of protective gear specially designed for young skateboarders, aiming at solving the problems of stuffy wearing, limited flexibility and unsightly appearance of traditional protective gear.

  Sustainable flood control and water purification sandbag

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  Submitted by: Guangdong University of Technology

  Nationality: China.

  Description: Sustainable water purification and sand prevention can transform polluted flood into clean and hygienic drinking water resources through water purification devices.

  Rhaetus- three-wheeled folding cargo carrier

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  Submitted by: Shih Chien University

  Nationality: China.

  Description: Rhaetus is a new type of electric folding cargo bike, which can transform the car body into a light vehicle and increase the mobility and usability of the vehicle.

  Twelve minutes

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  Submitted by: School of Innovative Design, China Academy of Fine Arts.

  Nationality: China.

  Description: This work takes "the average time for people to use plastic bags is 12 minutes" as the starting point, focusing on the environmental problems caused by human misuse of plastic bags. 

  Carbon Trading Experience Platform Zoo Station-CoZoo

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  Submitted by: Central Academy of Fine Arts

  Nationality: China.

  Description: COZoo creates "peak carbon dioxide emissions, carbon neutral" products through artistic empowerment and carbon trading experience, and improves the ecological environment and global warming through the zoo.

Science fiction collection "Promised Land": Creating the Future with Imagination

  Jules verne once said: "What one person can imagine, another person can turn it into reality." Submarine, helicopter, spaceship, artificial intelligence, genetic technology and other important inventions and innovations are inextricably linked with science fiction works, which wrote the bishop for this sentence. Thus this famous saying has become the most classic description of the connection between science fiction and the real world.

  What can the current science fiction bring to the great changes in science and technology? How can technology lead human society to the future? Promised Land answers these questions.

  Recently, Ji Shaoting, the founder of the Future Affairs Administration, Jiang Bo, a science fiction writer, Zhang Jiaxing, the technical director of artificial intelligence of Ant Financial, and An Ye, the cultural editor of Zhanlu, came to Shanghai, bringing a collection of hard science fiction novels jointly contributed by seven cutting-edge writers who were shortlisted for the nebula award, Hugo award and other outstanding awards — — Promised land.

  Promised Land originated from the workshop plan of the Future Affairs Bureau. As a company focusing on science fiction culture, it has signed more than 100 domestic and foreign authors and created more than 800 novels. Since its birth in 1818, science fiction has been accompanied by the rapid development of science and technology in a country and an era. Excellent science fiction should be based on the thinking brought about by scientific and technological changes. The Bureau of Future Affairs hopes to attract more sci-fi writers to pay attention to the current changes in China. Ant Financial, as an important technology company in China, is a very good observation object. Therefore, the Bureau of Future Affairs invited more than a dozen science fiction writers and engineers of Ant Financial Artificial Intelligence Project to exchange ideas. Because of this opportunity, science fiction writers at home and abroad have the opportunity to get in touch with the technology being developed by Ant Financial. On the basis of knowing the technical mechanism, the authors have created independent stories.

  Science fiction writers use imagination to edit the future, and engineers are creating the future. Ji Shaoting said: "What changes can science fiction writers in China bring to the scientific research strength in China and the great technological changes that are taking place in China? This book is a start. I hope that it will still be considered by many readers after ten, twenty and fifty years, and will be verified or overthrown by the emergence of new technologies. "

  The story of "changing face"

  Jiang Bo contributed a story about "changing face" in The Promised Land. When financial criminals can use the technical loopholes of face recognition to hide the sky, personal privacy begins to be threatened by technology. Jiang Bo has been thinking about face recognition for the first time in the workshop. What kind of social problems will arise after the face brushing technology enters life? For example, is it feasible to change the facial features by light to make the machine misjudge? Coincidentally, soon after the story was written, I saw a news report about using faces to identify crimes. He believes: "If science fiction writers can run ahead of science and technology to predict something, it is a very meaningful thing for science fiction writers, and FACE/OFF partially achieved this."

  Regarding whether the "black technology" described in the book will really happen in real life, Zhang Jiaxing explained in time: "This method is actually using an algorithm to cheat the algorithm. For example, it looks like a cat and adds something to the algorithm. The naked eye recognizes that the cat is still a cat, but it has become a dog in the eyes of the machine. The plot of this novel twists and turns, and the description of technology is also very imaginative. However, the face recognition technology in reality is not as simple as that written in the novel. The technical model itself is highly confidential. Companies will set up security prevention and control algorithms for it, and will also identify people in all directions through comprehensive means such as infrared and laser. "

  "Enami made a deduction that is very close to the future in this novel. The best part is that this deduction was really realized later. In fact, whether it is cited or overturned, this is a good thing. I think this is the greatest value of this workshop — — Think and deduce the reality. " Ji Shaoting added.

  Not predicting the future, but giving imagination.

  Many people say that The Wandering Earth started the first year of science fiction in China, and the upgrading of technology made people truly realize the speed of scientific and technological development. Whether technology pursues imagination or imagination pursues technology has become a common problem for science fiction writers and technicians.

  Jiang Bo believes that technology and imagination are integrated. Just as there are myths in primitive society, science fiction was born on the soil of technology. Imagination is a part of human nature and shapes human world outlook. Technology and imagination are a unity, and they promote each other and evolve together. When discussing technology, we can’t define it by pure guilt or innocence. More often, we still keep technology neutral. Whether the future is a land of hope or death, the key is to control technology within a reasonable range and serve mankind.

  In Ji Shaoting’s eyes, science fiction is literature to watch the future. It is difficult to bear the function of predicting the future, but it can give countless imaginations. Whether these imaginations are good or bad, they simply depict the possibility of the future in everyone’s eyes. In the past 200 years, there will always be a few things in science fiction, such as humans setting foot on the moon, launching satellites, inventing tablet computers, and widely using big data. As Liu Cixin asked: "If the future is a high-speed car, and artificial intelligence technology is its throttle, then what technology can become the brake of this car?"

  Perhaps for science fiction, the real value lies in asking questions rather than answering them, because there will always be new technologies to subvert or answer them, so you don’t have to answer them, just think. It is precisely because of this kind of thinking that some bad futures have not appeared, which is also the significance of science fiction.

  The door of science fiction will not be closed.

  "You are walking on the plain, and suddenly you meet a wall. This wall is infinitely high up, infinitely deep down, infinitely far to the left and infinitely far to the right. What is this wall?"

  "death."

  With "Three-body" winning Hugo Award, sci-fi works have entered people’s field of vision widely. The double outbreak of The Wandering Earth’s word-of-mouth and box office has immersed creators and audiences in the wave of sci-fi. Recently, the controversy over "Shanghai Fortress" has made everyone start to wonder whether China’s sci-fi movies will end at the beginning.

  China science fiction is still in its infancy, and the emergence and development of anything is not smooth sailing. Ji Shaoting said: "It can be said that The Wandering Earth started, but it doesn’t mean that all the works will get better and better in the future. After that, we will see all kinds of works writing different sci-fi futures, sorting out experiences in success, and bringing inspiration and value in failure. There is an excellent domestic sci-fi movie that people often ignore, Crazy Alien, which is inspired by Liu Cixin’s Country Teacher. There are few excellent domestic comedy sci-fi movies, and people tend to pay more attention to those works with big splash. The problem now is that we have too few science fiction works, and we can’t define China science fiction just by a few works. "

  Domestic science fiction has attracted enough attention, and the potential audience is so huge that it has become history for Chinese people not to watch science fiction and care about the future. The popularity of Three-body in Japan also shows that China’s science fiction works have attracted the attention of international audiences. When more creators and supporters join the industry and have confidence in the sci-fi market in China, everyone is thinking about their relationship with science and technology, which is the essence of sci-fi works. (The Paper reporter Xu Minghui intern Xu Zifan)

Today’s Lantern Festival wishes you: the Lantern Festival is happy, the moon and the man are round, and you are lucky and symbiotic!

Today is the fifteenth day of the first month of Renyin Year, Lantern Festival. Because the first month is the first month of the lunar calendar, the ancients called "night" "night", and today is also the first full moon night of the year, hence the name Lantern Festival. Lantern Festival, also known as Shangyuan Festival, Yuanxi Festival or Lantern Festival, is the last important festival in China Spring Festival. Lantern Festival, from ancient times to the present, is embodied in the word "noisy". Ancient emperors’ Lantern Festival of "having fun with the people" has gone from 10,000 lanterns, burning lamps and setting off flames, enjoying solve riddles on the lanterns, having Lantern Festival together, family reunion and celebrating the festival together. As the old saying goes, after the Lantern Festival, the year is over. The Lantern Festival is certainly lively, and peace and health are the greatest happiness. It is even more special and unforgettable when the Beijing Winter Olympics is still in full swing and the epidemic situation is accurately prevented and controlled. Yesterday’s Shencheng coincided with the arrival of Chun Xue. It was covered with snow and white, adding a strong color to the scenery of the northland in early spring. There are still three days, and the rainy solar term will be ushered in. The east wind thaws, and the snow melts into rain. Spring rain moistens everything. It is about to present a scene of "the rain in the sky is as crisp as crisp, and the grass color is near but not", which also contains people’s expectations for a better life. The lights are shining, and the reunion is at this time. In fact, no matter the ends of the earth, it is still close at hand. As long as we have each other in our hearts, a simple holiday greeting will give us a sense of ritual. "A song is like the sea in spring, and a thousand lights are like the night." At this moment when the bright moon is in the sky and the full moon is full, I wish you: Happy Lantern Festival, full moon and auspicious symbiosis! (Chang Yongfu)

Source: shenyang evening news.

The latest voice of the central bank! It is related to real estate, rectification of platform enterprises, RMB exchange rate …

  BEIJING, Jan. 13 (Zhongxin Finance Shao Wanyun) On the 13th, the State Council Office held a press conference on financial statistics in 2022, and the relevant person in charge of the central bank responded to issues such as real estate, rectification of platform enterprises, RMB exchange rate, inflation and digital RMB.

  Introduce structural tools to focus on supporting the smooth operation of the real estate market.

  Zou Lan, director of the Monetary Policy Department of the People’s Bank of China, said at the meeting that we are studying and launching several other structural tools recently, which mainly focus on supporting the smooth operation of the real estate market, including the Baojiaolou loan support plan, the housing lease loan support plan and the private enterprise bond financing support tool, etc., and we will make some detailed disclosure and release after the introduction.

  In addition, at the end of September last year, the People’s Bank of China and China Banking and Insurance Regulatory Commission issued a notice, clarifying that eligible city governments can decide to relax the lower limit of the interest rate of the newly issued first home loan in stages in the fourth quarter. Zou Lan introduced that the interest rate of new personal housing loans in December was 4.26% nationwide, which was the lowest level in history since statistics were available in 2008.

  Zou Lan also said that in view of some adjustments in the real estate market, the People’s Bank of China, together with relevant departments, made efforts from both supply and demand in accordance with the deployment of the CPC Central Committee and the State Council to promote the smooth operation of the real estate market. With the effects of relevant policies gradually emerging, the financing environment of the real estate industry, especially high-quality housing enterprises, has improved significantly in recent days. From the data, from September to November last year, real estate development loans increased by more than 170 billion yuan, an increase of more than 200 billion yuan year-on-year. In the fourth quarter of last year, domestic real estate corporate bonds issued more than 120 billion yuan, a year-on-year increase of 22%.

  In terms of risk prevention, the relevant departments drafted the Action Plan for Improving the Balance Sheet Plan of Quality Housing Enterprises. The action plan focuses on high-quality real estate enterprises that focus on their main business, operate in compliance, have good qualifications and have certain systemic importance, and focuses on promoting 21 tasks in four aspects: "asset activation", "debt continuation", "equity supplement" and "expected promotion", comprehensively implementing policies to improve the cash flow of high-quality real estate enterprises and guide the balance sheets of high-quality real estate enterprises to return to a safe range. The plan sets the conditions for high-quality housing enterprises, and there is no specific list, which is independently grasped by financial institutions.

  The rectification of 14 large-scale platform enterprises such as Ant Group has been basically completed.

  Ma Jianyang, head of the Financial Markets Department of the People’s Bank of China, said that since November 2020, the financial management department has guided and urged 14 large-scale platform enterprises such as Ant Group to carry out solid rectification in view of the outstanding problems in the past financial business, such as unlicensed operation, regulatory arbitrage, disorderly expansion and infringement on consumers’ rights and interests. At present, most problems have been basically rectified, large-scale platform enterprises operate in compliance and compete fairly, consumer protection awareness has been significantly enhanced, and financial business has been continuously standardized.

  At the same time, the financial management department has issued a series of targeted institutional documents in the fields of third-party payment, personal credit investigation, Internet deposit, insurance, securities, funds, etc., and the regulatory framework for the normalization of financial business of platform enterprises has been initially formed, laying a good institutional foundation for the subsequent normalization supervision.

  Ma Yuyang said that in the next step, the financial management department will conscientiously implement the spirit of the 20th National Congress of the Communist Party of China and the Central Economic Work Conference, adhere to the "two unwavering", pay equal attention to development and standardization, and support the healthy development of the platform economy.

  First, continue to push relevant platform enterprises to speed up the rectification of the remaining few problems, and complete the rectification work from the beginning to the end. The second is to improve the level of normalized supervision, further improve the regulatory system and mechanism, strengthen the construction of regulatory scientific and technological strength, support platform enterprises to operate in compliance, develop financial business prudently, and have zero tolerance for illegal financial activities. The third is to study and formulate financial support measures to promote the healthy development of platform economy, support platform enterprises to improve their scientific and technological innovation ability and service quality and efficiency, consolidate and enhance their international competitiveness, and show their talents in leading development, creating jobs and international competition.

  It is predicted that China’s inflation level will remain moderate in 2023.

  Zou Lan said that from a global perspective, last year experienced a wave of high inflation that had never happened in decades. In sharp contrast, China maintained the basic stability of the price level, which was not easy. In the past five years and ten years, the average annual increase of consumer prices in China has remained at around 2%. This fully proves the superiority of China’s socialist system and the effectiveness of macro-control.

  Zou Lan mentioned that in 2023, China’s inflation level is expected to remain moderate overall, but we should also pay attention to the potential possibility of inflation rebound.

  On the one hand, China’s overall supply is abundant, demand is still recovering, and there was no excess currency in the past, so inflation is expected to remain stable. At present, China’s economy is still in the process of recovery and development, the industrial chain and supply chain are running smoothly, the lack of effective demand is still the main contradiction, and the output gap is still negative. In the short term, inflationary pressure is generally controllable. In the medium and long term, China is one of the major producers in the world, with a generally balanced economic supply and demand, stable monetary policy and stable inflation expectations of residents, which has favorable conditions for maintaining a basically stable price level.

  On the other hand, the uncertainty of price trend still exists, so we should not take the inflation situation lightly, and pay close attention to the potential of its future warming. Domestically, China’s M2 growth rate has been in a relatively high position for some time, which does not rule out that the impact on prices is lagging behind. With the optimization of epidemic prevention and control measures, residents’ consumption kinetic energy will be gradually released, and the total demand tends to heat up, which may also be accompanied by some upward pressure of inflation. From an international perspective, geopolitical conflicts still disturb the global energy supply, and inflation in developed economies is still at a high level, so imported pressures also need to be vigilant.

  In the next stage, the People’s Bank of China will adhere to the general tone of striving for progress while maintaining stability, organically combine the implementation of the strategy of expanding domestic demand with the deepening of structural reform on the supply side, give prominence to the work of stabilizing growth, employment and prices, maintain a prudent monetary policy that is precise and powerful, give consideration to short-term and long-term economic growth and price stability, internal balance and external balance, strengthen coordination and cooperation among policies, and promote the effective improvement of quality and reasonable growth of the economy.

  Increase credit support for private small and micro enterprises

  Ma Jianyang mentioned that in recent years, due to the repeated impact of the epidemic and the unstable international situation, China’s economy is facing greater downward pressure, making it more difficult for private enterprises to operate. The People’s Bank of China has continuously improved the financing environment of private small and micro enterprises by innovating structural monetary policy tools, improving credit support policies and broadening diversified financing channels.

  In the next step, the People’s Bank of China will adhere to the problem orientation, focus on social concerns, guide financial institutions to treat all types of ownership enterprises equally, and create a better financial environment for the development and growth of private economy and private enterprises.

  First, further increase credit support for private small and micro enterprises, continue to make good use of structural tools and increase efforts. The second is to further expand the scale of private enterprise bond financing. The third is to further improve the financial service level of private small and micro enterprises. The fourth is to further promote the standardized and healthy development of platform enterprises.

  Keep the RMB exchange rate basically stable at a reasonable and balanced level.

  Since 2022, major developed economies such as the United States, the euro zone and the United Kingdom have substantially tightened monetary policy and raised interest rates, which has had a tightening effect on the global financial system, and cross-border funds in emerging market economies are facing outflow pressure.

  Xuan Changneng, deputy governor of the People’s Bank of China, said that the market has certain expectations for the Fed to raise interest rates in 2023. The autonomy and stability of China’s financial system are enhanced, and the expected stability of RMB exchange rate is helpful to buffer and cope with external risks, especially the spillover effect brought by interest rate hikes in developed economies. Generally speaking, the adjustment of monetary policy in developed economies has limited impact on China, and may have greater impact on other smaller emerging market economies.

  With regard to the RMB exchange rate situation, since mid-November, 2022, with the effectiveness of domestic policies and measures to stabilize the economy, measures to optimize epidemic prevention and control and financial support for real estate policies have been introduced one after another, and the market expects that the Federal Reserve will slow down the pace of raising interest rates, the US dollar index has dropped to a high level, and the RMB exchange rate against the US dollar has gradually turned to an appreciation trend. On December 5, the spot exchange rate rose back to within 7.0.

  Xuan Changneng said that the current and future trend of RMB exchange rate will be affected by multiple factors such as domestic and international economic and financial situation, balance of payments, market risk preference, etc., and short-term uncertainty is inevitable. Generally speaking, there is a solid foundation for maintaining basic stability.

  Recently, China’s economy has generally continued to recover, and the epidemic prevention and control has been dynamically optimized. In the context of high global inflation, we have maintained the basic stability of prices. Considering the decline in the economic prosperity index of major economies, the growth rate of China’s trade surplus may have slowed down. Under the comprehensive action of various forces, China’s RMB exchange rate will generally maintain a stable operation. After years of financial reform and opening up, the depth and breadth of China’s foreign exchange market have been greatly improved, the flexibility of RMB exchange rate has been enhanced, market expectations have been stable, cross-border capital flows have been orderly, and international payments have been independently balanced. The RMB exchange rate will continue to remain basically stable at a reasonable and balanced level.

  Digital RMB into M0

  From December, 2022, financial statistics will include digital RMB data in M0 (currency in circulation) statistics.

  In this regard, Xuan Changneng said that the digital RMB is the legal tender in digital form issued by the People’s Bank of China, and like the physical RMB, it is essentially a monetary component. From the point of view of statistics and management, it is necessary to make statistics, combined analysis and overall management of the two.

  Xuan Changneng further stated that in recent years, with the gradual deepening of the digital RMB pilot, the application scenarios of digital RMB have steadily expanded, the transaction amount and stock have also increased, and the relevant management and statistical systems have been continuously improved. Incorporating digital RMB into M0 statistics can more accurately reflect the overall size of currency in circulation. By the end of 2022, the stock of digital RMB in circulation was 13.61 billion yuan, and the year-on-year growth rate of M0 was 15.3% after it was included. (End)