CCTV News:The State Council Press Office held a press conference on April 19th. The relevant person in charge of the Ministry of Commerce said that it would work with relevant departments to promote digital upgrading in trade-related links, including improving customs clearance efficiency and providing more and more convenient financing support for foreign trade enterprises.

In the field of trade digitalization, the Ministry of Commerce has guided more trade entities to use electronic trade documents and promoted the interconnection between document platform enterprises. Accelerate the construction of Guangdong-Hong Kong-Macao Greater Bay Area global trade digital pilot area, and explore the docking of digital infrastructure and rules and standards, so as to accelerate the digital integration development of the whole trade chain. Cultivate leading enterprises in digital transformation, and also provide digital solutions for small and medium-sized enterprises.

Li xinggan, director of the foreign trade department of the Ministry of commerce, said: "relying on multi-bilateral platforms, we will strengthen trade digital cooperation with our trading partners and jointly explore more landing scenarios in the trade field."　

Ministry of Commerce: It is normal for data fluctuation to attract foreign investment.

Since last year, there have been some fluctuations in China’s data on attracting foreign investment. At the press conference on April 19th, the relevant person in charge of the Ministry of Commerce said that from the overall situation of global transnational investment and the situation of various economies, fluctuations in data on attracting foreign investment are normal.

In the first quarter of this year, the scale of attracting foreign investment in China exceeded 300 billion yuan. In the same period last year, the scale of attracting foreign investment in China reached the highest level in the history of quarterly investment, and it declined in the first quarter of this year. There are indeed factors affected by the high base. In addition, in the first quarter of this year, the number of newly established foreign-funded enterprises in China reached 12,000, a year-on-year increase of 20.7%, continuing the trend of rapid growth of newly established enterprises since last year.

Ji Xiaofeng, head of the Foreign Investment Management Department of the Ministry of Commerce, said that there is usually a process for foreign investment from project signing, company registration to completion and production. In this process, foreign capital will continue to be invested with the progress of project construction, so data fluctuations are also common.

Ministry of Commerce: China’s investment structure continued to be optimized in the first quarter of this year.

According to the relevant person in charge of the Ministry of Commerce, in the first quarter of this year, the actual use of foreign capital in China’s manufacturing industry reached 81.06 billion yuan, of which the investment in high-tech manufacturing industry reached 37.76 billion yuan, accounting for 2.3 and 2.2 percentage points higher than that in the same period of last year, and the investment in medical equipment manufacturing industry increased by 169.7% year-on-year, which fully demonstrated the continuous optimization of China’s investment structure.

At the same time, the person in charge also said that a comprehensive analysis of the situation of attracting foreign investment in China should not only look at the changes in the scale of attracting foreign investment, but also see the optimization of the structure of attracting foreign investment and its future development prospects.

Ministry of Commerce: China deepens national economic and trade cooperation with the Belt and Road Initiative.

At the press conference, the relevant person in charge of the Ministry of Commerce introduced that since the beginning of this year, China has continuously deepened its economic and trade cooperation with the "Belt and Road" countries and achieved some new progress and new results.

In the first quarter, the import and export of goods between China and co-construction countries exceeded 4.8 trillion yuan, up 5.5%, 0.5 percentage points higher than the overall growth rate of foreign trade, accounting for 47.4% of the total import and export.

From the perspective of export commodities, there are high-tech products such as electronic information, instruments and equipment manufacturing, which are closely related to the production of enterprises, as well as consumer goods such as household appliances and clothing that meet the needs of people’s livelihood.

From the perspective of imported goods, China and the co-construction countries actively share the opportunity of China’s big market. In the first quarter, the energy and mineral products, integrated circuits, auto parts and other industrial products imported from the co-construction countries continued to grow.

In the first quarter, China’s non-financial direct investment in co-construction countries reached 54.32 billion yuan, up 12%, accounting for 22.4% of the total foreign investment in the same period. From the perspective of investment, investment in RCEP member countries increased by 33.5%, and investment in Central and Eastern European countries increased by 41.3%, both of which were significantly higher than the overall growth rate.

Yang Tao, director of the Comprehensive Department of the Ministry of Commerce, said that in terms of exhibition platform, the just-concluded 4th Consumer Expo and the first phase of the 135th Canton Fair attracted a large number of merchants from countries with the Belt and Road Initiative, and the number of buyers from countries with the Belt and Road Initiative participating in the Canton Fair increased by 46%. In the import sector of the Canton Fair, the proportion of exhibitors from countries with the Belt and Road Initiative reached 64%.

Ministry of Commerce: I am confident to achieve the goal of "stable quality and quantity increase" in foreign trade this year.

At the press conference, the relevant person in charge of the Ministry of Commerce introduced that looking forward to the next stage of foreign trade situation, there are both opportunities and challenges in general. The Ministry of Commerce is working with all localities and departments to study and launch a series of targeted, pragmatic and effective measures to stabilize foreign trade.

The opportunity is that the domestic economy is picking up and the foundation is constantly consolidating. In the first quarter, the national economy grew by 5.3%, and the added value of industrial enterprises above designated size increased by 6.1%, which provided a solid foundation for China to consolidate its foreign trade base.

The company’s expectations continue to improve and its confidence continues to increase. In March, the Purchasing Managers Index (PMI) of China’s manufacturing industry reached 50.8%, returning to the expansion range. Recently, a questionnaire survey was conducted among more than 20,000 exhibitors in the Canton Fair. The survey results show that the proportion of enterprises whose orders have increased or remained flat has reached 81.5%, an increase of 16.8 percentage points over the previous session. Enterprises are relatively optimistic about the order situation and are more enthusiastic about exploring the international market.

Key industries have stabilized and improved, and their motivation has been continuously enhanced. After a two-year down cycle, the trade of main products in the electronic information industry is gradually recovering. In the first quarter, China’s integrated circuits increased by 24.2%, imports increased by 14.3%, and exports of computers and parts increased by 8.6%, which also showed the ability of supporting and integrating China’s industries.

From the perspective of challenges, the growth of external demand is expected to slow down. Recently, the WTO released a global trade outlook and statistical report, in which the growth rate of goods trade in 2024 was lowered to 2.6%, which was 0.7 percentage points lower than the forecast value in October last year. In addition, the risk of geopolitical conflict has increased, the momentum of trade protectionism has risen, and the interference and difficulty faced by enterprises in opening up markets have increased.

Guo Tingting, Vice Minister of Commerce, said that at present, the Ministry of Commerce, together with various localities and departments, is working hard to study and launch a series of targeted, pragmatic and effective measures to stabilize foreign trade to help foreign trade enterprises enhance their motivation and open up markets. The Ministry of Commerce is confident and capable of achieving the goal of "stable quality and quantity increase" in foreign trade this year.

Ten departments, including the Ministry of Commerce, jointly issued the Measures to further support overseas institutions to invest in domestic science and technology enterprises.

The reporter learned from the Ministry of Commerce on April 19th that the Ministry of Commerce, the Ministry of Foreign Affairs, the National Development and Reform Commission and other ten departments have recently jointly issued policies and measures to further support overseas institutions to invest in domestic science and technology enterprises.

Clear policies and measures to support overseas institutions to invest in domestic science and technology enterprises through qualified overseas limited partners. It is clear that the establishment of venture capital funds in China by overseas institutions is treated equally with domestic venture capital funds. Encourage overseas institutions to cooperate with relevant domestic institutions to set up relevant funds, and support technology-based enterprises invested by overseas institutions to deepen industrial chain cooperation with relevant countries. According to the tax treaties signed between China and relevant countries, qualified overseas institutions can enjoy preferential income tax when investing in listed companies in China.

Ministry of Commerce: Three areas of innovation are full of vitality and have sustainable growth potential.

On April 19th, the State Council Press Office held a press conference, and the relevant person in charge of the Ministry of Commerce introduced that in recent years, China’s export structure has been optimized and upgraded. In the first quarter of this year, three areas were full of innovation vitality and had potential for sustained growth: first, the export base of complete sets of equipment was solid; second, the export demand of smart products increased; and third, low-carbon energy-saving and environmental protection products were very popular.

Ministry of Commerce: New export growth points will continue to emerge.

In addition, the relevant person in charge of the Ministry of Commerce also introduced that in the first quarter of this year, the export of China’s labor-intensive products increased by 9.1%. Among them, the export of textiles and clothing increased by 5.4%, the export of plastic products increased by 14%, and the export of furniture and its parts increased by 23.5%. At present, China manufacturing is moving towards China creation. New export growth points will continue to emerge, and the Ministry of Commerce is confident to achieve the goal of "stable quality and quantity increase" in foreign trade this year.

　　On October 26th, an exclusive interview with DRIs was held in Beijing.

　　Yang Yuexin, Chairman of China DRIs Revision Expert Committee and Chairman of China Nutrition Society, Ma Aiguo, Deputy Chairman of the Revision Committee and Executive Vice Chairman of China Nutrition Society, Ding Gangqiang, Deputy Chairman of the Revision Committee, Secretary of the Party Committee of China Nutrition Society and Director of the Institute of Nutrition and Health of China CDC, Yang Xiaoguang, Vice Chairman of China Nutrition Society and researcher of the Institute of Nutrition and Health of China Center for Disease Control and Prevention, Peng Xianwu, the supporting unit of DRIs revision and general manager of Amway (China) Science and Technology Innovation Center, attended the interview and interpreted the new revision.

　　Yang Yuexin introduced that the 2023 edition of China DRIs is the ninth edition. The revised expert committee and technical working group composed of nearly 100 nutrition experts lasted for three years. Based on the four basic principles of scientificity, advancement, integrity and continuity, the different reference intakes of 20 age groups including energy, nutrients and other dietary ingredients and pregnant women and lactating mothers totaled more than 70 nutrients and other dietary ingredients, which were revised and confirmed, and were held at the 14th Asian Nutrition Conference in September 2023.

　　The revision of DRIs in 2023 mainly includes four aspects. First, the concepts and procedures have been improved and perfected. Different procedures for determining different reference values of nutrients have been newly formulated, and the technical points of each link of the formulation procedures have been uniformly determined. The concepts and connotations of recommended intake and specific recommended values for reducing the risk of diet-related non-communicable diseases have been further clarified and improved. Secondly, the basic reference values of China population were formulated and revised, including age grouping, representative weight, reference value of breast milk composition, recommended weight gain of pregnant women, PAL of physical activity level, etc. Thirdly, the new research results of nutrients and other dietary components in the past decade at home and abroad in the fields of function, evaluation, requirement, safety and prevention of chronic diseases have been included, and more research results targeting China residents have been included. Fourth, from the writing framework, format and other styles, it highlights the positioning of reference books centered on quantitative values.

　　Peng Xianwu believes that this revision has far-reaching guiding significance for the big health industry, such as the data of newly added plant nutrients such as coenzyme Q10 and Lycium barbarum polysaccharide, and the quantification of nutrients such as proanthocyanidins, which will help Amway and industry to develop products and guide consumers to use them.

　　Peng Xianwu introduced that in 2022, Amway and China Nutrition Society established Nutrilite Special Fund for Plant Functional Components and Health Research, aiming at attracting more research institutions and personnel to participate in the research direction of plant nutrients, opening up production, learning and research, transforming research results into products faster, and making more scientific research results benefit the public.

　　This revision has greatly changed the protein intake of the elderly and the calcium supplement standard for adults. Yang Xiaoguang believes that China has entered an aging society, and the elderly and ordinary people can’t meet the demand for protein, which is easy to lead to sarcopenia. Therefore, it is necessary to improve the dietary structure of the elderly and increase the intake of protein. Yang Xiaoguang introduced: "The 2023 edition of DRIs revised the requirement of protein for the elderly aged 65 and above in China, and its recommended intake increased from 0.98 g/(kg day) to 1.17 g/(kg day), which is an important achievement".

　　Ding Gangqiang said that in recent years, the health awareness of Chinese residents has been continuously strengthened, and dietary nutrition and healthy behaviors have been continuously formed, but chronic diseases related to nutrition are still increasing. It is hoped that the release of the 2023 edition of DRIs will further guide the needs of China residents in all aspects of dietary nutrition, especially how to achieve a reasonable and balanced diet, and complete the objectives of the second largest action of Healthy China Action-Reasonable Diet Action.

　　The revision of DRIs has a wide range of significance and value. First, it has scientific value, which determines the types and quantities of nutrients that each person should consume every day qualitatively and quantitatively. Second, social value is an important basic data support for formulating relevant policies, regulations and standards; The third is the value of technical support, which plays an important guiding role in the dietary design and evaluation of collective feeding units such as schools and nursing homes, the nutrition labeling of prepackaged foods, and the product research and development of food enterprises.

　　[Aika Auto Domestic New Car Original]

　　On September 17th, 2023, Geely Automobile officially announced the prices of two new models of the Star Yue L in Xi ‘an Black Light Factory, namely the Yun Qi version with a guide price of 157,700 yuan and the Skyline version with a guide price of 168,700 yuan. As new models, Yun Qi version and Skyline version have added exclusive design on the basis of Star Yue L, and are equipped with the latest vehicle system of Galaxy OS 2.0. While announcing the selling price, Geely Automobile also announced the car purchase courtesy including financial gift, rejuvenation gift, quality gift, maintenance gift and flow gift. At the same time, Geely Automobile also announced that it will push the Galaxy OS 2.0 car system for all old users OTA of Xingyue L for free.

　　The exclusive designs for these two models include the far-Dai matte gray car paint and the ink-splashing environment-friendly suede interior. Among them, the official guide price of Yuandai frosted gray car paint is 6,000 yuan, and the official guide price of splash-ink environment-friendly suede interior is 3,000 yuan, while the Sky Edition will come standard with splash-ink environment-friendly suede interior. The environment-friendly chamois interior is covered with a large area of environment-friendly chamois. The covering rate of the seat surface is 68.8%, the ceiling is 100%, and the door panel and instrument panel are all covered with chamois. Not only has the touch been improved, but the sense of advanced has also been filled. In addition, the Galaxy OS 2.0 car system has a brand-new UI design, which is more fashionable and beautiful. The voice wake-up speed reaches millisecond level, and the whole scene can be seen. At the same time, a custom desktop that is more in line with the operating habits of the mobile terminal is adopted to create a more intelligent and non-inductive interactive experience for users.

　　A quick look at the highlights of new cars

　　·　Newly added exclusive designs, including Yuan Dai matte gray car paint and splash-ink environment-friendly suede interior.

　　·　Equipped with the latest Galaxy OS 2.0 car system.

　　·　2.0T+8AT

　　New car introduction

　　In terms of appearance, Geely Xingyue L adopts the family-style design language of Geely Automobile 4.0 generation products, and continues to maintain the high value of atmospheric dynamics. In terms of details, the front face of Xingyue L adopts the iconic straight waterfall air intake grille, and the black middle net is decorated with chrome trim, which makes the front face look very delicate and dynamic. The headlight with full LED light source energy matrix is very sharp in shape, and the two-stage design is highly recognizable. A chrome-plated decorative strip is added to the front enclosure that runs through the design, which is perfectly integrated with the L-shaped chrome-plated decorative strips on both sides.

　　Viewed from the side, Xingyue L adopts a muscular line design, which, together with the burly body size, makes the side look very atmospheric. In terms of body size, the L length/width/height of Xingyue is 4770*1895*1689mm, and the wheelbase is 2845 mm.. The rear of the car continues the family’s atmospheric and steady design style. The biggest highlight is the adoption of the popular through taillights, and the interior adopts the "aurora dot matrix" design, which is full of scientific and technological sense.

　　As for the interior, Xingyue L has adopted a brand-new design concept of "Symphony of Time and Space", and all designs have demonstrated the people-oriented design idea. High-grade suede fabric is widely used in the interior, and the exquisite pearl stitching is used. With the special suede seat with the ultimate skin-friendly touch, the exquisite, elegant and unique car interior is created for the vehicle. In addition, three large 12.3-inch screens are also a highlight of the interior. The 12.3-inch central control screen uses Qualcomm Snapdragon 8155 chip, while the 12.3-inch screen in front of the driver integrates rich functions such as watching videos, listening to songs, games, Tik Tok and karaoke.

　　In the power part, the two new models are equipped with the high-power version of the Drive-E series 2.0TD engine, with a maximum power of 175kW(238 HP) and a peak torque of 350Nm. The transmission is equipped with the 8AT gearbox from Aisin.

　　Editor’s point of view: Up to today, the cumulative sales volume of China Star Series has exceeded 730,000 vehicles, among which the cumulative sales volume of Xingyue L has exceeded 300,000 vehicles, with an average monthly sales volume of over 10,000 vehicles. It is worth mentioning that in August, the sales volume was 17,169 vehicles, with the monthly sales exceeding 15,000 vehicles for three consecutive months. In the past five months, the sales volume of high-equipped 8AT products accounted for over 65%. The addition of the two new models not only brings a more exclusive design, but also brings a richer choice of models for consumers who are concerned about Xingyue L.

　　Wonderful content review:

　　The release of Geely Panda Knight is expected to be launched in early September.

　　Geely Panda mini "Asian Games Bear" has been listed for 29,900 times.

　　Geely Panda mini is officially listed at a price of 39,900 yuan.

In the retail circle, the membership system has been iterative, so we might as well look at the membership logic from Amazon, Nike, Sephora, Starbucks and Xiaomi.

This article comes from WeChat WeChat official account:Retail Watch (ID: On Retail), author: Wang Ziwei

For retailers, the membership system is basically unavoidable. Let’s take a look at what the most mainstream membership system in the e-commerce era is like.

From a global perspective, there are seven most common forms:

1. Integral-hierarchy system

2. Service subscription system

3. Entity subscription system

4. Charity system

5. Sharing cooperation system

6. Community system

7. TOKEN system

I. Integral-Hierarchy System

This is almost the simplest one. In short, every time you spend X yuan, you get Y points. The more you spend, the higher the score.The only variable seems to be that there may be reward points at different times and through different channels, such as 5 times points for in-store consumption during the celebration period and 10 times points for e-commerce consumption during the Black Five/double 11 period.

Let’s take a foreign example, that is, the clothing brand "North"（North Face）",its integral system is called" VIPeak ".

For consumers, understanding this system is also very simple, that is, for every dollar spent, they get 10 points-whether online or offline, if they spend at outlets, they get 5 points for every dollar.

These points can be used in future consumption. To this end, North Face allows users to manage their accounts, buy goods, see points and redeem rewards through the App.

This is the simplest point system, through which consumers are willing to continue to shop. North Face is a typical single-level membership system.

Based on this logic, there will be a multi-level membership system, generally and periodically.(e.g. 1 year)The consumption amount or points are positively related.The characteristic of hierarchical system is that the higher consumers spend, the more rewards they get.

This level itself is also a gamification system, which links consumption with "playing". In the United States, a classic case is the beauty brand e.l.f

Consumers with 0-100 points are at the first level, consumers with 101-400 points are at the second level, and those with 401 points or above are at the highest level-the more membership points, the more unique the rewards.The uniqueness of the highest level is an important factor that urges consumers to buy more goods.

From the point of view of points, the first-level consumers get 2 points for spending 1 dollar, the second-level consumers get 4 points for spending 1 dollar, and the third-level consumers get 6 points for spending 1 dollar, and consumers can get corresponding services by using points.

Similarly, Starbucks in the United States also has this hierarchical system, which is divided into green card levels.（Green Level）And gold card level（Gold Level）.

When the user has less than 299 stars, it is a green card level, and will enjoy the privileges of getting 2 stars for every $1 spent, birthday gifts, mobile payment, placing orders in advance, and free refills in the store; When the number of stars reaches 300 or above, the user will be upgraded to the gold card level. At this time, he will not only enjoy all the green card level permissions, but also double the star accumulation day every month, get a gold card membership card with his name printed on it, and exchange free food or coffee every 125 stars.

In addition to getting stars through consumption, there are also some activities in Starbucks APP, such as going to the store for consumption at a specific time, getting extra stars, and buying specific goods to get extra star rewards.

Second, the paid subscription system-service category

In the payment system, consumers need to pay a monthly fee or an annual fee to become a VIP. Generally speaking, there must be a solid consumer base.After all, it is difficult for you to make a new user become a paying member with little contact with you, so this payment system is basically used to maintain experienced users.

In addition, this payment system must have membership benefits, otherwise users don’t have to pay you in vain.

The most classic case is Amazon. Now Prime with an annual fee of $119 only needs $79 at the earliest, but only one problem was solved in that year, that is, it was guaranteed to be delivered free of charge within 2 days. This was the biggest problem of e-commerce in that year, otherwise a product would only be available in 2-3 weeks, and even if the price was superior, it could not wait.

Later, many functions were added to Prime for free, such as Amazon music, Amazon photos (unlimited storage of photos) and Amazon videos.(Watch all kinds of movies, dramas and original dramas at will)Wait a minute. In 2018, according to data from investment bank JP Morgan, the annual membership fee of $119 is worth about $784, which can be said to be over-valued.

The extreme, even extreme, is Costco.After covering the cost of goods, personnel and management expenses, the income generated by its goods is almost used up, so that its final profit returned to shareholders and membership fees are almost equal.

Third, the paid subscription system-commodity category

Another logic of the payment system is, "subscription box.（Subscription Box）Type ",that is, the subscription of physical items such as products/commodities.

The goods in the "subscription box" generally need to be purchased repeatedly. Take Bean Box as an example, it is the subscription of coffee-normal purchase is the normal price, but if you subscribe, you can always receive coffee on schedule within a cycle, and you can enjoy a discount.The essence is a behavior of directly locking consumers and locking demand, and then it may be the reverse supply chain.

Another advantage of this subscription is that it can increase the lifetime value of customers-from the case of Bean Box, can it be the same if you let consumers buy once and realize repeated service for six months, and let consumers buy for one month and one month?

Amazon has a similar service, and some products can be "subscribed" directly on the purchase page-usually with a discount of about 5%.

Fourth, the charity system

Discount can be a component of the membership system, but it is not necessary.

Therefore,The logic of the charity system is that you are attracting consumers with your own values, thus establishing a stronger relationship.The more common way is that enterprises donate a percentage of their income to charity, such as donating the money to charities, disease research institutions, animal protection organizations and so on.

A small evolutionary version here is that the enterprise will give you several optional donor institutions, and you can choose the one you are willing to donate. This is the case with The Body Shop in America, which introduced animal welfare into its membership system.

In addition to receiving rewards and VIP treatment, consumers can also choose to donate a percentage of their spending to Born Free USA, an animal welfare institution. This is also because The Body Shop has always emphasized environmental responsibility.

This logic lies in that the communication with consumers is not only the exchange of goods and services, but also the integration of values, which in turn makes the loyalty of consumers come to a different and uncontested field.It can be said to be a "blue ocean strategy of values".

V. Sharing cooperation system

A consumer will not only have a membership card, so the demand is also diverse. It can be said that consumers’ spending time is very idle, and the core is whether businesses from different formats can "cut leeks" together-buy electronic products from you, shoes from me and snacks from him.

Therefore, consumers will also want more flexibility in rewards. At this time, what is needed is cross-industry cooperation, which is equivalent to consumer sharing. After all, every enterprise has private domain traffic and data is single-segmented. If(Where permitted by law)Realize the docking of data, then almost draw the whole life of consumers.

In the United States, Nike’s membership system is like this. It has cooperated with Apple, Classpass and Headspace. These companies are not randomly selected, but can be linked to sports. They belong to the cooperation of several enterprises with sports as their core values.

At the same time, Nike also has a variety of apps for different sports to help members achieve their exercise goals. Then as long as the consumer’s behavior can be recorded by the App, then you can get a reward.

Japan’s Sakya Bookstore is also this logic, which focuses on life: through the T-card system, the parent company of Sakya Bookstore has opened 887,000 stores in 179 Japanese companies in May 2018, realizing the universality of points, and the profit does not come from the points themselves, but from the big data insight of consumers. Because consumer data is no longer just a single book purchase, eating, shopping, but all the synthesis.

In China, this kind of cross-industry cooperation is also gradually emerging. For example, JD.COM Plus can give you an iQiyi member.It is also the opening of data and traffic sharing between the two parties, which in turn turns traffic into "reservation".

VI. Community system

Beauty cosmetics brand Sephora（Sephora）Beauty Insider, a membership system, must be said. On the one hand, this system can be upgraded to three grades based on consumption, and every dollar spent in each grade can get different grades of points feedback.(1 dollar for 1 point, 1.25 points, 1.5 points respectively)At the same time, there are opportunities to get more exclusive services with the improvement of grades in the traditional "hierarchical system".

Besides,The biggest feature of Sephora’s membership system is the establishment of a community-to communicate with various members, find inspiration, participate in exclusive activities and so on.At this time, members of Sephora come to the brand community, and Sephora can understand the needs of consumers and then optimize its product design.

This logic also exists in China, that is, in Xiaomi’s community, a group of fans gather in the community to communicate with each other and put forward their own needs, and Xiaomi’s product manager can collect relevant information and update the corresponding system: users feel that they are valued, and Xiaomi has obtained consumer demand and met consumer demand, and both sides are happy.

Seven, TOKEN type

The last one is the TOKEN logic in the blockchain, or,Is similar to "asset securitization"（ABS）The idea of "assets token" should be called as a kind of "assets token"（ABT）”。

This kind of logic can be seen in China. At present, it can be simply divided into two types. The first type is "commodity tokenization", which is represented by the second-hand e-commerce enjoyment theory, and the second type is "behavior tokenization". I think the representatives are interesting headlines and today’s headlines. Let’s look at it together:

"Commodity Tokenization"

The problem with second-hand e-commerce is that the seller wants to sell an item that is "emotionally connected with himself", and based on game theory, the buyer will directly regard all second-hand goods as having a problem, forming a "lemon market effect" and paying a very low price, or, no matter how wonderful your price is and how perfect the goods are, I will ask for a 20% discount first and then post it-as long as I have sold something on idle fish once.

This will greatly reduce the efficiency of the transaction, and the seller will usually feel very uncomfortable, and finally there may be problems on the "supply side", which will have a negative effect on the market.

The logic of enjoying things is very interesting, that is, instead of introducing money, users use small red flowers. Users earn small red flowers through various behaviors, such as signing in and sharing, and then "exchange" other people’s goods with their own small red flowers. Because the little red flower is not anchored with the RMB, so,Users will participate in the purchase according to their real needs, rather than the "chopping behavior" caused by "consumerism".As a result, the pressure on both buyers and sellers is reduced, which greatly promotes the circulation efficiency of goods.

This logic actually exists in offline channels, that is, "moon cake tickets", that is, the moon cakes are placed there, and the person who finally gets the tickets goes to a specific place to pick up the goods. As for the intermediate process-the goods are not moving, and the tickets are flying around, which greatly reduces the cost. The logic of this set of freight tickets is "online" and combined with the mode of second-hand e-commerce, which forms the theory of enjoying things.

"Behavior Tokenization"

The second logic is "behavior token", which is the case with interesting headlines.

To put it simply, users can be rewarded for all their behaviors on the APP, including reading gold coins, watching videos, sharing gold coins, and rewarding users with "tokens" in a different way, and then this "token" is every cycle.(The period of interesting headlines is "1 day")Will be cleared, converted into RMB, accumulated to a certain amount, you can withdraw cash-or buy other goods directly in the APP.

The logic is simple,Retaining customers requires costs, so why not give these costs directly to customers as much as possible?And these sources of RMB are also simple, just divide the gross profit of each cycle directly. So now, we will find that many apps have this logic, such as the extreme version of today’s headlines, various headline apps, and various information apps.

Related links:"Integral Incentive System" from the Perspectives of JD.COM, Interesting Headlines and Amaya.

This article comes from WeChat WeChat official account:Retail Watch (ID: On Retail), author: Wang Ziwei

Affected by this round of "refrigerator-level" cold wave, freezing rain and snow occurred in Lechang, Ruyuan and Nanxiong in Shaoguan City, which is located in the alpine mountain area of northern Guangdong Province, resulting in the interruption of many roads, among which the northern section of Shaoguan (Beijing-Zhuhai-North) of Beijing-Hong Kong-Macao Expressway was closed for more than 100 hours by noon on January 26th due to road icing and snow.

On the 30th, the reporter learned from the traffic police department of Shaoguan Expressway that although the traffic police department has separately diverted vehicles to Guangle Expressway at Ruyuan Toll Station Interchange in the northbound direction of Beijing-Zhuhai and Pingshi North Interchange (K5) in the southbound direction since the early morning of the 26th, there are still vehicles that "mistakenly entered" Beijing-Zhuhai North and stayed on the icy expressway.

On the morning of January 29th, Shaoguan high-speed traffic police found a large truck with Zhengzhou license plate in Henan parked on the expressway when they were inspecting the Beijing-Zhuhai North Bridge section which had been closed due to snow and ice. The traffic police came forward to ask and learned that the driver of the large truck "mistakenly broke into the restricted area" when passing through the traffic control section and drove to the icy section, so the vehicle could not move on and it was worth stopping on the road. The traffic police department immediately sent a batch of food and warm items for the drivers of large trucks to resist hunger and cold.

At noon on the 30 th, the road icing situation near the parking position of the big truck improved. The traffic police department immediately assisted the driver of the big truck to install anti-skid facilities and commanded the big truck to slowly reverse and leave the expressway.

On the morning of 29th, during an interview in Ruyuan Bridge Town, the reporter found that a car with Shenzhen number plate was parked on an icy uphill section of Bridge Town on G240 National Highway, and the windshield, rearview mirror and body were covered with a thick layer of ice and snow, and the car was empty. A triangular warning sign was placed about 30 meters behind the car, and the car was suspected to have been temporarily "abandoned" by its owner.

The roads with snow and ice are prone to traffic accidents. The picture shows the traffic police urgently handling the accident vehicles on Guangle Expressway.

The traffic police reminded the majority of car owners not to drive on ice and snow roads as much as possible, especially most Guangdong drivers who lack experience in driving on ice and snow roads. If they must drive on ice and snow roads, they should install snow chains as much as possible, and try to keep driving at a constant speed during the driving process. If there are wheel tracks in front of them, they can follow the rut; When the vehicle is accelerating, lightly step on the accelerator to prevent the driving speed from suddenly rising and slipping, or the two wheels encounter different resistances during the rapid acceleration, resulting in lateral sliding; Don’t hit the steering wheel when driving, slow down in advance when turning, and increase the turning radius appropriately to prevent sideslip.

At the same time, the traffic police reminded that because the friction of ice and snow pavement is smaller than that of dry pavement, it is necessary to increase the safe distance during driving to prevent rear-end collision. Don’t slam on the brakes when braking. The correct way is to "point the brakes" and use the engine to slow down the speed. When parking, park in a sheltered and flat place as far as possible. When parking on a slope road, it is necessary to prevent the car from slipping. Bricks or stones can be used to pad the bottom wheel position.

　　"Low carbon" is one of the hottest words at the two sessions this year. CPPCC members’ proposals are piled up with "low carbon", and NPC deputies discuss "low carbon" hotly, and group discussions are also inseparable from the topic of "low carbon". "Low carbon" has become the "new favorite" that people pay attention to for a time. So, what is "low carbon" and what does agriculture and rural areas do in developing low carbon? The insights of the deputies explain the "low carbon" of agricultural and rural development from different angles.

　　The meaning of the transformation of agricultural development mode

　　"Low-carbon agriculture is first of all an idea and a development direction of agricultural transformation development mode. The essence of the low-carbon concept is to save energy. " Shang Xunwu, member of Chinese People’s Political Consultative Conference and deputy director of Gansu Agriculture and Animal Husbandry Department, said.

　　Zhang Quanguo, member of Chinese People’s Political Consultative Conference and dean of the School of Mechanical and Electrical Engineering of Henan Agricultural University, further explained low-carbon agriculture. He said: "Agriculture, as the basic industry of the national economy, is one of the main sources of greenhouse gases, and it is also increasingly affected by the greenhouse effect. How to formulate low-carbon agricultural development policies and reduce carbon emissions in agricultural production has increasingly become the focus of attention from all walks of life and one of the key areas to be considered in regional economic development. It is imperative to change the agricultural production mode as soon as possible and develop low-carbon and high-efficiency agriculture. "

　　At present, in China’s agricultural production mode, some production habits do not meet the requirements of low carbon, which is neither economical nor polluting the environment. Taking fertilization as an example, Meng Tieying, deputy stationmaster of soil and fertilizer station in Xincheng County, Guangxi Province, said that because there is a lot of local rain, heavy rain usually causes farmland to be flooded. Traditional fertilization methods make the loss of fertilizer very serious, which not only increases the cost, but also pollutes the environment. Farmers urgently need a fertilizer that can control the release rate. Data show that the low utilization rate of chemical fertilizers in China is the main reason for environmental pollution caused by chemical fertilizers. In addition to crop absorption and utilization and soil residue, more than 50% of nitrogen is not absorbed by crops and lost to farmland, which has caused a series of environmental and food safety problems, such as eutrophication of water, soil hardening, greenhouse effect and degradation of agricultural products quality.

　　Zhang put forward a proposal to develop low-carbon agriculture. He believed that it is necessary to cultivate the management concept of low-carbon agriculture, vigorously promote the innovation of agricultural production system, implement the management assessment responsibility system for energy saving and emission reduction in agriculture-related production, and gradually develop and improve agricultural energy efficiency standards from the height of national laws and regulations. He also proposed that we should pay attention to the research on low-carbon agriculture, including the integrated application research of carbon emission reduction and carbon sink expansion technologies such as energy, environment, building structure, water supply and drainage, and green space.

　　Science and technology support low carbonization of agricultural production

　　Shang Xunwu said that there are many articles that can be done to develop modern agriculture and realize the development of agriculture from extensive to refined. It can be said that in the agricultural field, it is very feasible to achieve low carbon.

　　He said that many aspects of agriculture can consider how to achieve low carbon. For example, he said that from the perspective of agricultural inputs, such as water resources, agriculture consumes a lot of water, but now the way of using water is unreasonable, causing great waste. Water is used for irrigation, but also consumes electricity. If water is saved, irrigation energy is saved, and it is low-carbon.

　　Zhang Quanguo gave a concept of low-carbon agriculture. "Low-carbon agriculture is a modern agricultural development model. Through various means such as technological innovation, institutional innovation, industrial transformation, and new energy development and utilization, energy consumption and carbon emissions are reduced as much as possible to achieve a win-win situation for agricultural production development and ecological environment protection." He further explained that low-carbon agriculture is the further development of eco-agriculture and green agriculture, which not only advocates less use of chemical fertilizers and pesticides and efficient agricultural production like eco-agriculture, but also pays more attention to the reduction of overall agricultural energy consumption and carbon emissions in the process of planting, transportation and processing, when the use of energy such as electricity, oil and gas is increasing.

　　Shang Xunwu gave his own suggestions on how to promote low-carbon agriculture. First, strengthen the role of technology and promote low-carbon technology in agriculture. The second is the innovation of production mode. For example, intensive production, through cooperatives and professional associations to promote centralized production and management, improve efficiency.

　　Zhang Quanguo also holds the same view: supporting the sustainable development of agriculture by improving the technical content of low-carbon agriculture.

　　Taking the scientific and technological development of fertilizer research and development as an example, China has supported the low-carbon fertilization in fertilizer technology research and development. Liu Jianwen, a representative from Agricultural Economics Center of Agriculture Bureau of Linshu County, Shandong Province, said that in recent years, fertilizer enterprises in Linshu have achieved remarkable results in research and development, production and popularization of slow-release fertilizers in low carbon. For example, he said that hundreds of slow-release fertilizer products developed and promoted by Jin Zhengda Group, the largest production base of slow-release fertilizers in Asia, are suitable for field crops in China. Xu Weigang, deputy director of Wheat Research Center of Henan Academy of Agricultural Sciences, summed up the advantages of slow-release fertilizers in low carbon: slow-release fertilizers can control nutrient release according to crop nutrient demand, which changes the shortcomings that fertilizers can not meet the different demands of crops at different growth stages because of rapid dissolution and nutrient loss, and can greatly improve the utilization rate of fertilizers, protect the environment, save energy, simplify crop production technology and help farmers reduce costs and increase income.

　　For supporting the development of low-carbon agriculture with science and technology, Zhang put forward more specific suggestions. He suggested: First, improve the low-carbon agricultural infrastructure in the core grain producing areas. Intensify integration, focusing on the construction of modern facility agriculture demonstration parks, ecological animal husbandry, grain (leafy vegetables) functional areas and other projects to lay a good foundation for accelerating the development of modern agriculture. Second, strengthen the cultivation of excellent varieties adapted to low-carbon environment. At the same time, we should vigorously promote the innovation of farming system and promote a number of development models such as stable grain and high efficiency, farming-pastoral cycle, and paddy-upland rotation. Third, greatly reduce the use of chemical fertilizers and pesticides, and reduce the carbon content in agricultural development. Such as using manure, compost or organic fertilizer instead of chemical fertilizer, and increasing soil nutrients through returning straw to the field.

　　The era of low-carbon rural life is coming.

　　Low-carbon mode not only has great achievements in agricultural production, but also the conditions for developing low-carbon in rural areas are ripe. Zhang Quanguo said that to develop low-carbon agriculture, it is necessary to develop new energy sources in rural areas and realize the diversification of rural energy consumption structure. Such as comprehensive utilization of straw, livestock manure, solar energy and other renewable energy resources to meet the needs of rural domestic cooking energy, rural domestic electricity and domestic hot water.

　　Twenty years ago, Tengtou Village, Ningbo City, Zhejiang Province, which wrote environmental protection into the villagers’ convention and established the only village-level environmental resources protection committee at that time, was the forerunner of rural low-carbon. Fu Qiping, the general secretary of the village party branch, said that building a "low-carbon" ecological village was the golden key to rural development. "To develop a’ low-carbon’ economy and achieve harmony between man and the natural environment, rural areas should also shoulder the burden." Fu Qiping believes that the future "low-carbon" life is a high-quality, healthy and civilized lifestyle.

　　"A large number of solar cookers in the western rural areas will greatly reduce greenhouse gases such as carbon dioxide produced by burning firewood (grass, wood), gas and coal." Ren Qixing, member of Chinese People’s Political Consultative Conference and deputy director of the Population, Resources and Environment Committee, said. He said that the western region of China has a long sunshine time and relatively rich solar energy resources, which is most suitable for popularizing solar cookers in large quantities. Ren Qixing suggested establishing financial support policies and giving appropriate financial subsidies to the purchase of solar cookers in rural areas. At the same time, vigorously support solar cooker manufacturers, give tax incentives, and help enterprises improve output, quality and scientific and technological content to meet the needs of promoting the use of solar cookers in rural areas.

　　Coincidently with Ren Qixing, Hao Yuan, member of Chinese People’s Political Consultative Conference, vice governor of Gansu Province and chairman of the Provincial Federation of Industry and Commerce, is also very concerned about the utilization of solar energy. He put forward the Proposal of Implementing the Solar Energy "South Wall Plan" at the two sessions. Its core idea is to use the south facade of the building facing the sun, including the heat collection wall, air collector and additional sunshine room on the south facade, to convert the collected solar radiation energy into heat energy as much as possible, and then transfer it to the room to achieve the purpose of heating and warming.

　　In order to promote a lower-carbon lifestyle in rural areas, Zhang also suggested that the development and application of biogas technology should be widely promoted, and at the same time, the agricultural and sideline residues should be fully utilized to improve the low-carbon utilization of straw. He said that China’s annual crop straw output is about 700 million tons, half of which can be used as energy, equivalent to 150 million tons of standard coal. He suggested focusing on the research and development of "trinity" complete technology and equipment for low-carbon utilization of straw. The core grain producing areas such as Henan Province are selected to carry out innovative research and demonstration application of low-carbon agricultural renewable energy and energy-saving engineering technology integration.

CCTV News:In Wonsan, the eastern city of North Korea, there is a famous factory that produces leather shoes. The "Yingfengshan" brand leather shoes produced here have excellent workmanship and fashionable styles, which are well received by the Korean people. This factory is Yuanshan Leather Shoes Factory.

At the North Korean National Footwear Exhibition in 2018 and 2019, a leather shoes brand named "Yingfengshan" made a big splash for two consecutive years and won the first prize and the special prize respectively. This brand came from Yuanshan Leather Shoes Factory.

Yuanshan Leather Shoes Factory was founded in 1959 and has a history of 60 years. Kim Jong-un, the current top leader of North Korea, came to Yuanshan Leather Shoes Factory five times since 2014, and it was from 2014 that the development of Yuanshan Leather Shoes Factory entered the fast lane.

CCTV reporter Dong Haitao:This pair of shoes on the exhibition platform was produced in 2007, while this pair of shoes on this side was produced in 2017. It can be seen that there are great differences in texture, design and workmanship between them in the past ten years.

Independent research and development, independent manufacturing and self-reliance

According to the factory commentator, the entire production system of the factory is independently developed by North Korea, and the raw materials for shoemaking are also independently produced by North Korea, while the electricity is provided by national power stations such as Yuanshan Military and Civilian Power Station. They are at the forefront of North Korea’s footwear industry in implementing national policies and realizing self-reliant production, and factory employees are particularly proud.

Zhao Mingshi, head of technical department of Yuanshan Leather Shoes Factory:We received many favorable comments and won the special prize at this spring national footwear exhibition in North Korea.

Cui Hua, a female worker in Yuanshan Leather Shoes Factory:I am a shoe-maker, and I like the ladies’ sandals produced by our factory best. Sandals are women’s favorite footwear products in summer, and we have successfully controlled the weight of women’s sandals within 250 grams.

Nowadays, the vast majority of shoemaking employees in the factory have more than 5 years of shoemaking experience, and the factory will arrange different kinds of leather shoes production plans according to the season, personnel arrangement and product demand.

CCTV reporter Dong Haitao:I’m at the end of the production line of Yuanshan Leather Shoes Factory, where all kinds of leather shoes are displayed. I’m going to have a try now. Let’s try on this pair of pointed leather shoes first. They look very fashionable. The sole is solid and powerful, and it walks steadily. It is a good pair of shoes.

Leather shoes factory is looking forward to expanding production.

Since 2014, the quality of "Yingfengshan" brand leather shoes has been continuously improved, but the price is very close to the people. Take the pair of leather shoes that I just tried on as an example. The ex-factory price is only 25,000 yuan, which is equivalent to about 20 yuan, which is quite good and cheap. The factory commentator told me that the supply of factory products to the Korean people is already in short supply, and they hope to expand production in the future and strive to make "Yingfengshan" brand leather shoes go global.

Investment & Pensions Europe(IPE), an internationally renowned financial media organization, officially released the list of "Top 500 Asset Managers 2023".

The top 10 institutions in global asset management are BlackRock, Pioneer Pilot, Fidelity, State Street Global, Morgan Asset Management, Goldman Sachs Asset Management, Capital Group, Credit Suisse Oriental, Pinhao and new york Mellon Asset Management. There are 41 asset management institutions in China on the list, with excellent overall performance and greatly improved scale and ranking.

"Top 500 Global Asset Management Institutions List" is one of the annual reports of IPE. Headquartered in London, England, IPE is a well-known European financial media organization affiliated to IPE International Publishers Media Group, and enjoys a high reputation among global institutional investors and pension operators. IPE publishes authoritative lists such as the top 500 global asset management companies through market open data every year, and launches trend development reports, which has become an important vane in the global asset management field.

Top 20 of Global Asset Management 500 in 2023

Rank the total management scale of the headquarters of the asset management company at the end of 2022.

1. BlackRock US$ 8,052.9 billion.

2. Vanguard Investment Management US$ 6,743.3 billion.

3. Fidelity Investments US$ 3,653.6 billion.

4. State Street Global Advisors US$ 3,262.1 billion.

5. J.P.Morgan Asset Management US$ 2,616.4 billion.

6. Goldman Sachs Asset Management International US$ 2,152.1 billion.

7. Capital Group (US$ 2,044.3 billion)

8. Amundi France’s $1,904 billion.

9. PIMCO US/Germany USD 1,631.1 billion.

10. new york Mellon Asset Management US$ 1,615 billion.

11. Legal & General Investment Management UK $1,351.1 billion.

12. Jing Shun US/UK $1,320.7 billion.

13. Franklin Templeton US$ 1,296.4 billion.

14. Prudential Investment Management (PGIM) US$ 1,290.6 billion

15. Morgan Stanley Investment Management US$ 1,222.4 billion.

16. T. Rowe Price US$ 1,194.4 billion.

17. Wellington Management International US$ 1,082.4 billion.

18. Natixis Investment Management of France: US$ 1,078.8 billion.

19. Nuveen US$ 1,018.2 billion.

20. UBS Asset Management (UBS Asset Management) Switzerland 996.7 billion US dollars.

41 listed asset management companies in China

Rank company name

31. China Life Asset Management Co., Ltd.

36. Ping An Asset Management Co., Ltd.

64. Taikang Asset Management Co., Ltd.

E Fund Management Co., Ltd.

71. CMB Finance Co., Ltd. 85. Xingyin Finance Co., Ltd.

91. Jianxin Wealth Management Co., Ltd.

97. southern fund Management Company Limited.

99. Huaxia Fund Management Co., Ltd.

100. Agricultural Bank of China Finance Co., Ltd.

102. ICBC Wealth Management Co., Ltd.

103. BOC Wealth Management Co., Ltd.

ICBC Credit Suisse Fund Management Co., Ltd.

106. harvest fund Management Co., Ltd.

110. Guangfa Fund Management Co., Ltd.

112. Boss Fund Management Co., Ltd.

113. Xinyin Wealth Management Co., Ltd.

119. Pacific Asset Management Co., Ltd.

120. Xinhua Asset Management Co., Ltd

China Merchants Fund Management Co., Ltd.

122. China PICC Asset Management Co., Ltd.

124. Jianxin Fund Management Co., Ltd.

126. CITIC Securities Co., Ltd.

131. Fuguo Fund Management Co., Ltd.

142. Taiping Asset Management Co., Ltd.

145. Everbright Financial Management Co., Ltd.

151. Tianhong Fund Management Co., Ltd

153. Huitianfu Fund Management Co., Ltd

154. Penghua Fund Management Co., Ltd.

155, Yangtze River Pension Insurance Co., Ltd.

158. Bank of Communications Wealth Management Co., Ltd.

166. Everyone Asset Management Co., Ltd.

186, Yin Hua Fund Management Co., Ltd.

190, Ping An Finance Co., Ltd.

191. Minsheng Financial Management Co., Ltd.

194. Puyin Wealth Management Co., Ltd.

197. China Post Finance Co., Ltd.

200. cathay pacific fund Management Co., Ltd.

202. Sunshine Asset Management Co., Ltd.

208. Huatai Asset Management Co., Ltd.

210. China International Capital Corporation Limited

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Original title: "The list of the top 500 global asset management institutions in 2023 was announced, and 41 Chinese state-owned assets management institutions were on the list | List 1"

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　　ASEAN countries are located at the intersection of land and sea in the Belt and Road Initiative, and are key areas for high-quality joint construction of the Belt and Road Initiative. In the past 10 years since the Belt and Road Initiative was put forward, from economic and trade exchanges to cultural exchanges, China-ASEAN Expo’s circle of friends has become larger and larger, and its outward attraction has become stronger and stronger.

　　— — — — — — — — — —

　　The 20th China-ASEAN Expo came to an end not long ago, but the vision of China and ASEAN countries meeting challenges together and building a closer China-ASEAN destiny community is inspiring people to move forward.

　　"This year, the Chairman of the Supreme Leader proposed to build a closer China-ASEAN destiny community and jointly build ‘ Belt and Road ’ The 10th anniversary of the initiative is also the 20th anniversary of the founding of China-ASEAN Expo and China-ASEAN Business and Investment Summit (hereinafter referred to as "China-ASEAN Expo" and "Summit" respectively). China — Wei Zhaohui, Secretary-General of the ASEAN Expo Secretariat, said that since China-ASEAN Expo and the Summit were held for 20 years, the bilateral trade volume between China and ASEAN has grown at an average annual rate of more than 13%, which has promoted the two sides to become each other’s largest trading partners and the most active partners in mutual investment, and helped to build a new pattern of China-ASEAN opening up at a higher level.

　　According to Xu Ningning, executive director of the China-ASEAN Business Council, ASEAN countries are located in the land-sea intersection of the "Belt and Road" and are key areas for building the "Belt and Road" with high quality. In the 10 years since the "Belt and Road Initiative" was put forward, China-ASEAN Expo has closely followed China — The needs of the times of ASEAN cooperation, constantly expand the functions of the platform, and promote the implementation of China — A series of consensus documents, joint statements and action plans reached by ASEAN have deepened China’s trade, investment, interconnection and regional cooperation with ASEAN countries, which is also the way to China-ASEAN Expo’s enduring success.

　　Inter-regional complementary resources promote active investment and trade.

　　The theme of the 20th China-ASEAN Expo is "Building a Home with Harmony, Destiny and Common Future — — Push ‘ Belt and Road ’ High-quality development and building an economic growth center. " At the meeting, many exhibitors expressed that they felt the dividends brought by the complementary market resources and factor flow between China and ASEAN. Zhu Qiugen, from Xishuangbanna, Yunnan, talks about tea at the exhibition during the day and packs tea for customers from all over the world in the hotel at night.

　　This year is his second time in China-ASEAN Expo, and he found that many tea lovers used to look at the price but now at the quality. "More and more customers have found me for the fragrance of tea, and people who understand the good products have found it. This change is more gratifying than how much tea I have sold."

　　Zhu Qiugen deals in ancient tea from Laos. The local tea garden employs local people to pick fresh tea and process it into "wool", and then it is transported to Xishuangbanna via China-Laos Railway for further processing to make a series of products such as tea cakes and tea bricks. Zhu Qiugen also founded the brand of "Laos Ancient Rhyme Tea Industry".

　　In recent years, thanks to the convenience of transportation and policies, Zhu Qiugen went deep into the country of origin and built a relatively complete industrial chain from picking, research and development, production and sales. "Let customers drink a cup of ancient tree tea that really comes from the mountains, without middlemen." In this way, the quality and cost have been well controlled.

　　The tea consumption market in China is huge, and the demand for high-quality tea has become a trend. Zhu Qiugen thinks that tea is a gentle lifestyle and a product that pursues quality of life. However, the domestic resources for picking ancient tree tea are limited, and some merchants have false propaganda and shoddy to some extent, which makes many consumers hesitate to buy.

　　In 2015, Zhu Qiugen just arrived in Laos, and he was doing hotel business at that time, but soon the local ancient tree tea fragrance caught his attention. In Laos, the unique and closed natural environment creates the good quality of Laos ancient tree tea, but these teas are mostly sold as agricultural products. "Laos has raw materials, and China has a market, so the connection naturally arises." Zhu Qiugen said.

　　With the opening of China-Laos Railway, Zhu Qiugen’s tea business has more convenient transportation conditions. If the tea is to be sold to Nanning market, Zhu Qiugen will choose to go by sea through Vietnam, which is "more cost-effective".

　　Guangxi is the only land-sea connecting region between China and ASEAN. The coastal, border and riverside areas of China-ASEAN Industrial Cooperation Zone are the frontier and window of Guangxi’s opening to the outside world. Relying on the existing parks in Nanning, Beihai, Fangchenggang, Qinzhou, Yulin, Baise and Chongzuo, Guangxi has integrated the construction of China-ASEAN Industrial Cooperation Zone, creating a development pattern of "one city, one area, one park". At present, many areas in the cooperation zone have achieved seamless traffic connection with ASEAN countries. For example, Chongzuo area is 180 kilometers away from Hanoi and Nanning, the capital of Vietnam, and there are four national first-class ports around it, which is the most convenient land international passage from China to Indo-China Peninsula.

　　"In July this year, Liuzhou Economic and Trade Delegation and 32 key enterprises went to Southeast Asia to carry out economic and trade exchange activities." Yao Fang, deputy director of the Management Committee of Liuzhou Economic and Technological Development Zone, said that the well-known domestic new energy automobile brands with factories in Liuzhou have actively gone abroad, and now they have sales markets in 72 countries and regions around the world.

　　The vigorous market demand drives the pace of transportation infrastructure construction. Sima Zhe, senior economist of the Asian Infrastructure Investment Bank and head of the ecosystem of the Ministry of Economic Affairs, said that in 2021, the AIIB provided 300 million US dollars to support the improvement project of border connectivity in Chongzuo, Guangxi, which improved the efficiency of cross-border connectivity around Shuolong Port and strengthened the economic and trade activities between China and Viet Nam.

　　In terms of commodity trading, the exchanges between Guangxi and ASEAN have become increasingly close. Guangxi is rich in commodity resources, with the output of white sugar, wood and raw silk ranking first in the country, and the output of alumina, pigs, pulp, Chinese herbal medicines and non-ferrous metals ranking first in the country. At the same time, Guangxi is also an important import port for ASEAN-specific commodities such as wood, non-ferrous metals, oil and gas, coal and fruits.

　　Li Kaizhou, deputy director of the local financial supervision bureau of Guangxi Zhuang Autonomous Region, said that in recent years, Guangxi has seized green opportunities, deepened cooperation with ASEAN, built a pilot free trade zone with high quality, and actively created a convenient place for domestic and international dual-cycle markets. The construction of new land and sea channels in the west has been accelerating. From January to July this year, Guangxi’s import and export to ASEAN was 188.08 billion yuan, a year-on-year increase of 71.6%.

　　Adhere to joint business and win-win sharing.

　　Wei Zhaohui, Secretary-General of China-ASEAN Expo Secretariat, said that since the China-ASEAN Expo and China-ASEAN Investment Summit were held 20 years ago, 196 Chinese and foreign leaders, more than 4,100 ministerial-level VIPs and heads of international organizations attended, which was accompanied by friendly relations between China and ASEAN and grew together with the construction of China-ASEAN Free Trade Area.

　　"China-ASEAN Expo has been successfully held for 20 years in a row, thanks to the unique exhibition mode. This is the successful password for China-ASEAN Expo to do something new and better." Wei Zhaohui introduced.

　　Adhere to business cooperation and win-win sharing, adhere to the principle of not making profits for ASEAN countries, respect ASEAN’s opinions on major issues, and give priority to meeting ASEAN’s needs in terms of booth arrangement. In this China-ASEAN Expo, the scale and proportion of ASEAN exhibitions remain the largest in China International Exhibition, and seven countries including Indonesia, Malaysia and Viet Nam have resumed their pavilions and restored ASEAN’s "Charming City" exhibition area.

　　Wei Zhaohui introduced that in all aspects of exhibition preparation, we should respect the ASEAN way, take care of ASEAN wishes, and always adhere to the value concept of "10+1>11". The ministers of economy and trade of China and 10 ASEAN governments and the ASEAN Secretary-General will serve as co-directors of the organizing committee, the directors of departments in charge of various countries will serve as deputy secretaries-general, and the directors will serve as liaison officers. Major issues will be discussed by the organizing committee meetings and senior officials meetings.

　　"International Friendship City Entering Dongbo" is also a highlight of the exhibition in recent years. According to the data of Foreign Affairs Office of Guangxi Zhuang Autonomous Region, at present, Guangxi has concluded 128 pairs of international sister cities with 39 countries, ranking fourth in the country. During this visit to China-ASEAN Expo, more than 30 sister cities from nearly 20 countries participated in the exhibition with their own special products.

　　"Before, our market was mainly concentrated in Jiangsu, Zhejiang and Shanghai. I never thought that the products could radiate to the inland of China and even ASEAN countries." Hong Yongwang, representing Zaragoza, Spain, said that Zaragoza and Yulin, Guangxi Zhuang Autonomous Region are international sister cities. Entrusted by the Zaragoza municipal government, Hong Yongwang brought more than 160 products including red wine, ham and olive oil to the site in China-ASEAN Expo.

　　Last year, the double-deck sinking square of Nahong Interchange Station of Nanning Metro, designed and built jointly by Nanning and Crema, Italy — — Friendship City Metro Plaza was officially completed, becoming the first subway station space in China that was fully decorated and designed by International Friendship City. At this year’s China-ASEAN Expo, exhibitor Zhang Xiaowei brought a painting entitled "Table Culture" to the scene to explain the Italian wine culture to the audience, and the author of this painting, Marilisa Leon, is the designer of the subway station space. Stephania Bonaldi, mayor of Crema, Italy, commented: "The design of the square is closely related to the theme of the Silk Road, which has brought the cultural ties between China and Italy closer and the two countries and peoples closer."

　　Institutional opening stimulates new kinetic energy of cooperation

　　From economic and trade exchanges to cultural exchanges, China-ASEAN Expo’s circle of friends is getting bigger and bigger, and its outward attraction is getting stronger and stronger. In the process of cooperation between China and ASEAN countries, many institutional and mechanistic modes of cooperation and dialogue have gradually taken shape.

　　During this year’s China-ASEAN Expo, a side event on the theme of "Institutional Opening: A New Pattern of Regional Economic Development" was held for the first time, and the "ASEAN National Standardization Cooperation and Exchange Center" was officially unveiled. The ASEAN cross-border e-commerce digital intelligence service platform and the e-commerce exchange center of the digital economy industrial park were announced to be open.

　　According to customs statistics, from January to August this year, the total import and export value of China to countries that jointly built the Belt and Road Initiative reached 12.62 trillion yuan, up 3.6% year-on-year, of which food trade reached 553.82 billion yuan, up 10.4% compared with the same period of last year and 162% compared with the same period of 2013. On the eve of the opening of China-ASEAN Expo, the Nanning Declaration on Customs Food Safety Cooperation on the Belt and Road was issued, and all parties signed the articles of association of the cooperation mechanism.

　　The perfection of the mechanism and articles of association aims at more convenient, long-term and stable factor flow. It is the consensus of many enterprises that "there is vitality when there is mobility, and there is market when there is mobility".

　　Last year, Guangxi Xinzhong Industrial Investment Co., Ltd. cooperated with the secretariat of China-ASEAN Expo to build a China-ASEAN special commodity gathering center. He Yan, the company’s deputy general manager, hopes that after participating in China-ASEAN Expo, economic and trade activities will continue for a long time through 17 offline pavilions and online platforms, and continuous economic and trade exchanges will take place with ASEAN countries in 365 days.

　　The international situation is complex and changeable, but the potential of the ASEAN market is constantly being released. "The number of ASEAN regional offices has grown particularly fast, exceeding our growth rate in China." Through this detail, Bo Yu, managing partner of PricewaterhouseCoopers Consulting (Shenzhen) Co., Ltd., found that the ASEAN market is being regarded as a growth point in the future, both in China and the world.

　　Bo Yu further analyzed that people value the population and future growth of ASEAN, and the population structure is relatively young. He believed that Guangxi should make good use of the role of "bridgehead".

　　As an Indonesian enterprise, Jinguang Group has been rooted in China for more than 30 years. Zhai Jingli, vice president of Jinguang Paper (China) Investment Co., Ltd., a subsidiary of Jinguang Group, believes that enterprises can make use of the cumulative rule of regional origin of RCEP and the advantage of the shortest and most convenient industrial supporting distance between Guangxi and ASEAN to expand the ASEAN market and play a good "ASEAN brand".

　　At present, some ASEAN countries have many environmental problems, such as soil degradation, water shortage and air pollution, which have affected local agricultural production and tourism and damaged local economic development to some extent. With the increasing demand for environmental protection in ASEAN countries, China’s environmental protection industry has gradually entered the ASEAN market. Hong Tao, director and professor of business economics research at Beijing Technology and Business University, pointed out in the China-ASEAN Forum on Innovation and Development of Commodity Trading that the effective implementation of RCEP has provided new impetus and cooperation foundation for promoting green recovery of regional economy, low-carbon development and global economic recovery, and reduced the cost of environmental protection industry in China.

　　In the past 20 years, the cooperation between China and ASEAN in the field of energy and electricity has been equally fruitful. By the end of August this year, China Southern Power Grid had been connected with the power grids of ASEAN countries through more than 10 circuits of 110 kV and above, achieving a total cross-border two-way power trade of nearly 70 billion kWh, of which clean energy accounted for over 90%. Hu Tianxiang of China-ASEAN Expo and china huadian Guangxi Company introduced that china huadian has invested in 9 projects under construction in ASEAN, with an installed capacity of 4.66 million kilowatts. In Cambodia, china huadian is the largest foreign power generation operator in Cambodia with an installed capacity of 1.038 million kilowatts under construction.

　　RCEP has entered a new stage of full entry into force and implementation, constantly releasing the strategic potential of economy and trade. Zhou Shi, a researcher and deputy director of the Research Office of the Market and Price Research Institute of the National Development and Reform Commission, believes that the import and export of Hunan and ASEAN countries in China increased by more than 70% in the year when RCEP was implemented, and the import and export of Guangxi to ASEAN countries also increased by 71.6% from January to July this year.

　　In the face of the current complicated and changeable international situation, many exhibitors realized that China and ASEAN are opportunities for mutual development and have great potential for cooperation. China was the first big country to sign and join the Treaty of Amity and Cooperation in Southeast Asia. In 2021, China and ASEAN upgraded their bilateral relations to a comprehensive strategic partnership.

　　Jiangsu Furen Group’s booth area in the 20th China-ASEAN Expo was not large, but the personnel in charge of market, operation and technology all came to the scene in order to better understand the ASEAN market and enterprises. In 2014, Jiangsu Furen Group held Jiangsu Xuzhou Forging Machine Group Co., Ltd., and two years later, it successfully acquired German EBU Forming Technology Co., Ltd. "This also marks that China Press has begun to rank among the world’s advanced manufacturing." Li Wei, deputy general manager of Xuforging Group, said that due to the rapid development of Thailand’s automobile industry in recent years, many internationally renowned automobile companies have invested and built factories in Thailand, and the export of intelligent forging equipment of Xuforging Group to Thailand has also increased by 20%-30%.

　　"The ASEAN market is becoming a new strategic growth point, especially in terms of labor structure, operating costs and market potential. The implementation of RCEP has also provided us with a stable and efficient supply chain network." Li Wei is full of expectations for the development of enterprises in the ASEAN market and the prospect of international cooperation. "We will also continue to enhance the technological breakthrough capability of intelligent manufacturing and better go abroad." (Zhongqing Daily Zhongqing Net Trainee Reporter Wang Junli Reporter Xie Yang Intern Zheng Quan)