"Striving for a New Journey and Building a New Era" The financial industry is moving towards high-quality development

Source: Economic Daily
Since the 18th National Congress of the Communist Party of China, China’s financial reform and development has made great achievements, the financial industry has maintained rapid development, the structural reform of the financial supply side has been deepened, and the comprehensive strength of the financial industry has been further enhanced. At present, China has formed a comprehensive and competitive financial institution system covering banking, securities, insurance, funds, futures and other fields, and basically established a modern financial market system suitable for Socialism with Chinese characteristics.
The modern financial system has been basically completed.
At the end of 2021, the total assets of China’s financial institutions were 381.95 trillion yuan, of which the total assets of banking institutions were 344.76 trillion yuan; The total assets of securities institutions are 12.3 trillion yuan; The total assets of insurance institutions are 24.89 trillion yuan. At the end of 2011 ten years ago, the total assets of China’s banking institutions were only 113.3 trillion yuan.
With the development of high-quality economy, China’s financial market has become more mature, and a financial market system with complementary functions, multi-level trading venues and diversified trading products has been gradually established, and the ability to allocate resources and serve the real economy has been continuously enhanced.
At present, China has basically established a financial service system aimed at serving the real economy and benefiting the people. China’s financial services are constantly enriched, and the convenience and inclusiveness of basic financial services such as deposit and loan, payment and settlement, wealth management and investment, and information inquiry are at the forefront of the world. The registration, custody, clearing, settlement, credit reporting and rating systems of the financial market are basically sound, and the financial infrastructure is constantly improving.
China’s multi-level, wide-coverage and differentiated financial system has initially taken shape. The variety of financial institutions is complete and the competition is full. The continuous innovation and development of capital market, insurance market, money market and foreign exchange market has become an important foundation for the coexistence and common prosperity of finance and the real economy. In recent years, the capital market has been comprehensively deepened, and the reform of the stock market registration system has made a breakthrough. Small and medium-sized boards, Growth Enterprise Market and New Third Board have been established successively. In June 2019, the Shanghai Stock Exchange launched the science and technology innovation board to explore the reform of the stock market registration system. In November 2021, the Beijing Stock Exchange opened, the construction of multi-level capital market was more perfect, and the construction of market basic system was continuously strengthened.
At the same time, the bond market has developed rapidly and its scale has steadily increased, playing an increasingly important role in the asset allocation of international investors. In recent years, the scale of China’s stock market and bond market has steadily increased, ranking second in the world. In 2021, China’s bond market issued a total of 61.9 trillion yuan of bonds, an increase of 8% over the previous year. By the end of 2021, the annual turnover of Shanghai and Shenzhen stock markets reached 258.0 trillion yuan, and the balance of bond market custody reached 133.5 trillion yuan.
The quality and efficiency of financial services have been comprehensively improved.
Since the 18th National Congress of the Communist Party of China, the financial industry has insisted on returning to its original source, comprehensively improved the quality and efficiency of serving the real economy, and allocated more financial resources to key areas and weak links of economic and social development such as small and micro enterprises, "agriculture, rural areas and farmers", emerging industries, and environmental protection, so as to meet the reasonable and effective financing needs of market participants and promote the transformation and adjustment of the national economy and a virtuous cycle of development. Dong Ximiao, chief researcher of Zhaolian Finance, said that in recent years, the scale of the financial industry has grown rapidly, financial technology has flourished, innovations in financial products and services have emerged one after another, and the ability of financial services to the real economy has improved.
At present, China’s basic financial services have basically achieved full coverage. By the end of 2020, the coverage rate of banking outlets in towns and villages nationwide reached 97.13%, and the coverage rate of village-level administrative districts with payment services reached 99.31%, basically realizing that there are institutions in towns and villages, services in every village and accounts in every family. At present, serious illness insurance has covered 1.22 billion urban and rural residents, and agricultural insurance has provided 4.7 trillion yuan of risk protection for 180 million households. The efficiency and level of economic and social development of financial services have been steadily improved. The financial system runs the new development concept through the whole process of financial reform and development, and comprehensively serves the high-quality development of the economy and society.
The financial services of private enterprises and small and micro enterprises continued to improve. Since the 18th National Congress of the Communist Party of China, the financial industry has adhered to the concept of shared development, built a characteristic inclusive financial system, and strived to improve the coverage, availability and satisfaction of financial services. The financing of private enterprises and small and medium-sized enterprises presents a good trend of "increasing in quantity, expanding in area and decreasing in price". At the end of January 2022, the balance of Pratt & Whitney small and micro loans was 19.7 trillion yuan, a year-on-year increase of 25.8%; The number of micro-credit households in Pratt & Whitney increased to 48.13 million, a year-on-year increase of 45.5%. In 2021, the average interest rate of new loans for small and micro enterprises was 4.93%, which was 22 basis points lower than the annual level in 2020.
As the blood in the economic operation system, the financial industry has become an important support and powerful guarantee for tackling poverty. Since the beginning of the fight against poverty, 9.2 trillion yuan of financial precision poverty alleviation loans have been issued, more than 710 billion yuan of poverty alleviation micro-credit has been issued, and 668.8 billion yuan of poverty alleviation re-loans have been issued.
Adhere to the concept of green development and gradually improve the green financial system. At the end of 2021, the balance of local and foreign currency green loans was 15.9 trillion yuan, up 33% year-on-year, 12.7 percentage points higher than the end of last year, 21.7 percentage points higher than the growth rate of various loans, and the annual increase was 3.86 trillion yuan, ranking first in the world in terms of stock scale.
Opening to the outside world has entered a new stage.
Since the 18th National Congress of the Communist Party of China, the financial industry has entered a new stage of opening to the outside world, and basically established a management system of national treatment plus negative list before foreign investment access, treating domestic and foreign investors equally, greatly expanding the financial industry’s opening to the outside world, and accelerating the formation of a two-way open financial system. Chen Yulu, deputy governor of the People’s Bank of China, said that in recent years, China’s financial industry has made breakthrough progress. The People’s Bank of China, together with other financial supervision departments, announced more than 50 measures for opening to the outside world, and the degree of two-way opening of financial markets has been continuously improved, making important efforts to realize China’s high-level opening and maintain an open world economic system.
In recent years, the pace of China’s financial industry opening to the outside world has obviously accelerated, and a number of opening-up measures have quickly landed. The restrictions on the proportion of foreign ownership in banking, securities, fund management, futures and personal insurance were completely abolished, and the scope of exhibition industry was greatly relaxed; Foreign nationals have been given national treatment in the fields of enterprise credit investigation, credit rating, payment and settlement; The two-way opening of the capital market continues to expand, and the supporting systems such as accounting, taxation and trading are gradually in line with international standards.
Foreign financial institutions actively and orderly entered the China market, showing a situation of "a hundred flowers blossom". According to statistics, since 2018, China has approved foreign capital to set up more than 100 banks and insurance institutions, 12 foreign-controlled (including wholly-owned) securities, fund management and futures companies, and 6 credit investigation, rating, payment and clearing institutions for foreign-funded enterprises. By the first half of 2021, foreign banks had set up 41 foreign-funded corporate banks, 115 branches and 139 representative offices in China, with a total of 930 business institutions and total assets of 3.73 trillion yuan. Overseas insurance institutions have set up 66 foreign-funded insurance institutions, 85 representative offices and 17 insurance professional intermediaries in China.
The opening of financial markets is conducive to China’s high-quality economic growth, and it is also conducive to global investors to share the fruits of China’s economic development. In recent years, China has continuously promoted the opening of the bond market, stock market and financial derivatives market in accordance with international standards, expanded cross-border investment and financing channels, and improved relevant institutional arrangements. In 2020, the quota restrictions for Qualified Foreign Institutional Investors (QFII) and RMB Qualified Foreign Institutional Investors (RQFII) will be completely abolished. In 2014 and 2016, Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect were opened one after another. In 2019, Huluntong was officially launched, and in 2021, the pilot of cross-border wealth management was launched. The investment channels of domestic and foreign investors are constantly expanding.
In September 2019, A shares were officially included in the S&P Emerging Markets Global Benchmark Index, indicating that all three international indexes have included A shares. In October, 2021, after FTSE Russell officially included China government bonds in FTSE government bond index, China government bonds were also successfully included in the three major bond indexes in the world.
With China’s opening up to the outside world entering a new stage, foreign-funded institutions have full confidence in RMB assets and strong allocation, and the demand for RMB assets has increased significantly. According to the official foreign exchange reserve currency composition (COFER) data released by the International Monetary Fund recently, in the fourth quarter of 2021, the proportion of RMB in COFER rose again, setting a new high since the fourth quarter of 2016. The proportion of RMB in global foreign exchange reserves rose from 2.66% in the third quarter of last year to 2.79%, ranking fifth in the world. (Economic Daily reporter Chen Guojing Yu Yong Peng Jiang)
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Yunpu Guocha Co., Ltd. put into production the intensive processing project of organic tea with an annual output of 2,000 tons.

On the morning of January 6th, the commissioning ceremony of Yunnan Pu ‘er State-owned Organic Tea Co., Ltd. was held. Wang Gang, Deputy Secretary of Pu ‘er Municipal Committee and Mayor, Chen Yunzhong, Deputy Secretary, Vice Chairman and General Manager of Yunnan Yunken Group, attended the ceremony and delivered speeches. Ren Yuanzheng, Deputy Secretary of the Municipal Committee and Minister of Propaganda Department of the Municipal Committee, presided over the ceremony.

In his speech, Wang Gang, on behalf of the Municipal Party Committee and the Municipal Government, expressed warm congratulations on the project’s commissioning and heartfelt thanks to Yunnan Agricultural Reclamation Group, which has long supported the development of Pu ‘er. He said that the Pu ‘er Municipal Party Committee and the Municipal Government have always attached great importance to the development of the tea industry, promoted the organic tea industry base, standardization of processing, enterprise intensification and market branding, promoted the integration of tea and tourism, and realized the integrated development of the whole industry chain. The tea industry in the whole city has shown a sustained and good development momentum and has become the largest organic tea production base in China. The cooperation between Pu ‘er and Yunnan Agricultural Reclamation Group has a long history, and the two sides have jointly met many challenges, shared many opportunities and achieved many win-win results. We sincerely hope that Yunpu Guocha Co., Ltd. will help Pu ‘er to upgrade the tea industry, develop tea technology and revitalize tea culture from the completion and commissioning of this project, and strive to become an industry leader, standard setter and resource integrator of Pu ‘er organic tea industry, better integrate into the "100 billion-level cloud tea industry" and promote the high-quality development of Pu ‘er tea industry.

In his speech, Chen Yunzhong said that Pu ‘er is famous for its tea, prospering the city with tea and enriching the city with tea, and the tea industry has become the first pillar industry for economic development, farmers’ income increase and rural revitalization in Pu ‘er. Yunnan Agricultural Reclamation Group adheres to the mission of "green agriculture, serving the country and benefiting the people", practices the responsibility of "land reclamation and win-win development", bases itself on Pu ‘er, deeply cultivates Pu ‘er and develops its industry. We will always focus on the "3815" strategic development goal of the provincial party committee, focus on the intensive processing project with an annual output of 2,000 tons of organic tea, promote the green and organic development of the tea industry, promote the integrated development of the primary, secondary and tertiary industries, synchronize the ecology with the industry, make cooperation and development at the same frequency, realize "developing one industry, driving one side’s economy and enriching one side’s people", and make a land reclamation to promote Yunnan’s transformation from a "big tea province" to a "strong tea province".

According to reports, on August 17, 2020, the Pu ‘er Municipal People’s Government and Yunnan Agricultural Reclamation Group signed the "Pu ‘er Organic Tea Industry Cooperation Agreement", and the two parties jointly established Yunnan Pu ‘er State-owned Organic Tea Industry Co., Ltd. Since its establishment, the company has relied on the advantages of organic tea resources in Pu ‘er City, in accordance with the development model of "big industry+new subject+new platform", in order to grasp the organic, create famous brands, raise leading players, occupy the market, build platforms and achieve both production and finance.

At the ceremony, Yunpu Guocha Co., Ltd. signed a sales agreement with Zhejiang Cangsheng Technology Group Co., Ltd. and other enterprises, and signed 26 raw material procurement contracts with major tea producing areas in Pu ‘er City. The leaders and guests attending the meeting visited the site of deep processing and production of organic tea.

Hu Guoyun, Tian Yang, Chen Qi, heads of relevant departments directly under Pu ‘er Municipality and Simao District, relevant leaders of Yunnan Agricultural Reclamation Group and heads of departments and enterprises attended the commissioning ceremony.

Author Zangling Liang Ruiqin

Editing Cao Qihan

Supervisor Hu Xueying

Original title: Yunnan Puguo Tea Co., Ltd. put into production the intensive processing project of organic tea with an annual output of 2,000 tons.

New Year’s Day holiday ushered in a good start! Beijing municipal parks received 217,900 visitors yesterday.

According to the Beijing Park Management Center, on the first day of the New Year holiday, 11 parks and China Garden Museum in Beijing, such as the Summer Palace, Temple of Heaven and Beihai, got off to a good start. Yesterday, they received a total of 217,900 tourists, an increase of 88.01% year-on-year and an increase of 21.26% compared with 2019. The top three are the Summer Palace with 52,000 people, the Temple of Heaven with 50,800 people and the zoo with 21,300 people.
The 10th "Happy Ice-Snow Fitness" Famous Garden Ice-Snow Garden Party added fun to the public and attracted many tourists. In the Summer Palace, Beihai, Taoranting, Zizhuyuan and yuyuantan park, ice and snow activities are hot, tourists are enthusiastic, people skating and playing with snow are bustling, and there is a lively scene. As of 1 pm yesterday, five parks and ice rinks had received more than 10,000 tourists.
In Zizhuyuan Park, the most attractive ice and snow entertainment projects are the Snow Mountain Slide and the Ice Slide. There are 18 snow trails on the Snow Mountain Slide. Visitors can sit on the snow circle and roar down from the top of the slide, sliding for tens of meters and experiencing the excitement of flying on the snow. The large-scale ice slide extended to 70 meters is the "king of popularity" during the ice and snow season, and it flies down the ice track. This kind of fast feeling makes people shout: "exciting, fun!"
In yuyuantan park Sakura West Lake, the 15th Ice and Snow Season is being held. Citizen tourists, friends from three to five, or the whole family travel together, experience the flying saucer with speed and passion, take a cherry blossom-watching train "bound for spring" and feel a small snow tank "braving the wind and waves". Citizen tourists enjoy a happy time in the world of ice and snow.
"It’s great to experience the fun of skating in a classical garden like Beihai!" A tourist said happily. Beihai Park is rich in ice cultural activities this year. In order to better inherit the spirit of the Winter Olympics, carry forward the concept of the Winter Olympics and promote ice activities, the park specially hired Zhang Hao, the world champion of figure skating, as the promoter of ice cultural activities in Beihai Park. On New Year’s Day, the figure skating team he coached will bring a world-class figure skating performance at the Lotus Lake Ice rink in Beihai Park, so that citizens and tourists can feel the charm of skating.
The 10th Ice Fitness Activity of the Summer Palace attracted many citizens and tourists to the park. On the ice surface of Kunming Lake, the tracks of bicycles and ice carts on the ice are intertwined. A classmate from Sanya said, "The Summer Palace ice rink is really big. Many northerners go to Hainan for the winter. We use the New Year holiday to feel the happiness of ice and snow in the north, and the beautiful scenery of the garden photographed from the ice is even better. " Yesterday, it was Li Qian, a tourist, who took two children to the ice for the second time. "The ice experience is so good. Today, I specially invited my children’s classmates to watch the photo exhibition of Winter Olympics and experience the charm of ice and snow sports."
Taoranting Park Ice and Snow Carnival is full of tourists, and many families have come here to experience ice and snow amusement projects. Children, accompanied by their parents, experience amusement projects such as snow flying saucer and snow machinery park, and play in the ice maze. Big friends feel the joy of speed on the ice slide of the castle. "Come and see! The little penguin ran out! " The Penguin Parade in the Park attracted public tourists to watch. In the music, four Papua penguins ran out with little wings, followed by two king penguins, and the little penguin’s naive appearance made the tourists laugh endlessly.
It is understood that in addition to the ice and snow garden party, Beijing municipal parks and China Garden Museum will also hold a wealth of cultural activities and flower exhibitions, which will deeply integrate the four categories and 29 activities of "the beauty of gardens, the fragrance of flowers and plants, the spring of overture and the joy of ice and snow" with traditional festivals to create a happy, auspicious, warm and smooth holiday garden atmosphere to welcome the arrival of the New Year.
Source: Beijing release
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New Year’s Day holiday consumption is hot, and the market is booming.

  CCTV News (news broadcast): With the arrival of the New Year’s holiday, there is sufficient supply of goods in various markets, stable price operation and strong consumer demand.

  On the first day of New Year’s Day holiday, traditional Chinese New Year’s goods such as flaming lanterns, cartoon ornaments of the Year of the Dragon and red Chinese knots were put on the shelves in Nanchang, Jiangxi Province, and the festive atmosphere attracted the public to buy them.

  The flower market in Qian ‘an, Hebei Province has also ushered in the peak season of sales. Colorful Phalaenopsis and flaming azaleas decorate the holiday market.

  Now is the season when a large number of citrus fruits are on the market. Regardless of the southern and northern markets, raked oranges, tangerines and sugar oranges have become consumers’ favorite.

  During the festival, local commercial departments also strengthened the market monitoring of daily necessities, smoothed the circulation links, and ensured the sufficient supply of various daily necessities. In Jiangsu, leading enterprises in circulation actively connect with the "vegetable basket" production base; In Anhui, launch a new round of "Huimin Vegetable Basket" fair-price sales activities; In Hubei, key commercial outlets extend their business hours to meet the consumption needs of residents during the holiday season.

  According to the data of the market operation monitoring system of the Ministry of Commerce, recently, the inventory of daily necessities in wholesale markets and supermarkets has increased in different degrees. Due to the influence of low temperature, rain, snow and freezing in the north, the price of vegetables in the region has increased, the price of eggs has dropped slightly, and the prices of other varieties are generally stable.

A number of movies announced: Fixed files! Pre-sale 300 million yuan in 5 days! What blockbuster is so hot?

This article is transferred from [CCTV Finance];
Nowadays, during the Spring Festival, there are more and more cultural life choices. Watching a favorite movie is a good choice. Many people say that during the Chinese New Year, when a family watches a movie together and enjoys an audio-visual feast, they will feel very happy and have a sense of New Year’s ceremony.
According to the data of Cat’s Eye Professional Edition, as of 13: 52 on January 22, the total box office of pre-sales of new films for the Spring Festival in 2023 exceeded 1 billion. Wandering Earth 2, Manjianghong and Unknown ranked the top three in the pre-sale box office list.
Various types of films gather to meet the needs of "family fun"
As the first important movie schedule after the adjustment of epidemic prevention and control policy, this year’s Spring Festival movie schedule has attracted much attention, and many movies have been announced to provide audiences with diversified viewing options.
After the pre-sale of the Spring Festival movies in 2023, it took only five days, and the total box office of the pre-sale exceeded 300 million yuan.Seven films, including Man Jianghong, Wandering Earth 2, Unknown, China Ping-Pong’s Jedi Strike Back, Exchange of Life, Deep Sea, Bear with Me, will meet the audience one after another during the Spring Festival, covering suspense, comedy, science fiction, animation, sports, history and other themes and creative types, and will gather many excellent directors and powerful actors.
Fu Ruoqing, Party Secretary of China Film Group CorporationMake good use of the film supply in the Spring Festival schedule to enhance the enthusiasm for watching movies, thus driving the recovery of the habit of watching movies. Therefore, when planning the films for this year’s Spring Festival, we are very concerned about the richness of the films we provide and the difference of their corresponding categories, so as to meet the different needs of the market.
While satisfying the audience’s demand for "family fun" with content suitable for all ages, the cinema has also taken many measures to stimulate the enthusiasm for watching movies. Statistics show that the average ticket price for the pre-sale of Spring Festival stalls in 2023 is 53.8 yuan, which is lower than the average ticket price of 56.2 yuan for the pre-sale of Spring Festival stalls in 2022 in 2.4 yuan.
Domestic films exert their feelings for home and country and ignite their enthusiasm for watching movies.
Director Zhang Yimou’s work "Man Jiang Hong" is scheduled to be released on the first day of New Year’s Day. The film is narrated in the corresponding historical background and tells a story of Shaoxing in the Southern Song Dynasty in the way of "suspense+comedy".
Zhang Yimou, director of "Man Jiang Hong"Suspense and comedy are two actions, and emotionally they are two actions. The goal I set for myself is how to make everyone laugh 30 times, laugh, smile knowingly, and smile at the corners of the mouth. It takes 30 times to be comedy. So the first time I sat in the audience and listened to the audience’s laughter, I was praised by my teacher and affirmed by my teacher, just like the students handed in their homework.
The script of "Man Jiang Hong" has been polished for nearly five years, focusing on the little people in trouble and completing the narrative goal of the film in constant plot reversal, which is another exploration of the theme of "feelings for home and country" expressed by director Zhang Yimou after the Winter Olympics.
In recent years, "feelings of home and country" has become one of the important keywords to attract the audience into the cinema. The national pride and cultural self-confidence have moved millions of ordinary people in Qian Qian to gain from the light and shadow experience on the big screen. According to the statistics of the National Film Bureau, among the total box office of 30.067 billion yuan in 2022, the domestic movie box office was 25.511 billion yuan, accounting for 8.485%. Movies such as Wandering Earth 2 and China Ping-Pong’s Jedi Counter-Strike, which were released at the same time as Man Jiang Hong, all chose to combine the theme with commercial films.
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The 2023 exchange activity for foreign students in Guangdong was held in Guangzhou.

  Original title: 2023 Foreign student exchange activities in Guangdong were held in Guangzhou, with nearly 1,000 foreign students from 60 countries participating.

  On December 18th, 2023, "Charming Guangdong Helps Me Realize My Dream" was held in South China Agricultural University. The event attracted nearly 1,000 foreign students from 60 countries to participate. In the end, three programs, The Road to Dreams by Shenzhen University, Chinese by South China University of Technology, and Youth of Lu Ge by South China Agricultural University, won the first prize of this activity.

  In the cultural performance, 17 programs from 10 universities in the province appeared in turn, fully demonstrating the youthful vitality and elegance of international students. In August this year, Duo Ruirui, a Russian student from South China University of Technology, went to Pingyuan County, Meizhou City to carry out social practice activities such as research and teaching. In the program, they put what they saw and heard in Pingyuan on the stage, telling their stories about China and the countryside.

  "In addition to teaching, I took primary school students to play traditional Russian games. Their bright smiles gave me a dream." Duo Yurui said: "I hope to bring China’s experience in building beautiful countryside back to my motherland after graduation and do my bit for the friendly development of China and Russia."

  Raphael, an international student at Guangzhou University of Chinese Medicine, has a special liking for China Wushu. He started studying Wushu at the age of 15 and has won many international Wushu competitions. On the stage, he showed the strength and beauty of China Wushu with a flowing performance; The International Choir of Shenzhen University brought "The Road to Dreams" by Shen Wenxie, a Korean student in Shenzhen University, and cooperated with the sand painting performance, telling the moving story of young people from all over the world who formed deep friendship and grew into useful people when studying in China, and expressing the expectation of international youth to jointly build "the belt and road initiative" to help individuals realize their dreams.

  It is reported that "Charming Guangdong Helps Me Realize My Dream" has been successfully held for six times in the exchange activities for foreign students in Guangdong, and it is an international cultural exchange activity brand for foreign students in Guangdong. The activity takes cultural performances as the carrier to build a platform for overseas students to understand and learn Chinese excellent traditional culture and Lingnan culture, to know China, to tell about their life in Guangdong, and to promote cultural exchanges and integration among countries. (Nanfang Daily reporter Yu Jiamin correspondent Zhu Ling)

Chinese and foreign students hand in hand, cultural exchange, heart to heart

A few days ago, Qilu No.1 Experimental Primary School held a Chinese-foreign cultural exchange activity with the theme of "small hands and big hands, together with the future". The activity invited 20 international students from Egypt, Pakistan, Bangladesh and other countries to the school to have cultural exchanges with more than 200 teachers and students. During the activity, the international students shared their festivals, diets and customs, while the students listened carefully and interacted actively, and the atmosphere was warm.

The White House shouted: "End the war as soon as possible"! Israeli Prime Minister: Continue to fight until "absolute victory"

According to Agence France-Presse reported on December 14th, the White House said on the 14th that the United States hoped that the war between Israel and Hamas would end "as soon as possible". Earlier, the Israeli Defense Minister told visiting US Presidential National Security Assistant jack sullivan that the war would continue for several months.

John Kirby, spokesman for the White House National Security Council, said that during his visit to Tel Aviv, Sullivan also discussed the issue of changing Israel’s military operations in Gaza into "low-intensity operations" in the near future.

According to the report, the rising number of civilian casualties in the Gaza Strip has deepened the contradiction between the two allies of the United States and Israel.

Kirby said at the press conference: "I think we all hope that the war will end as soon as possible." He also claimed that if Hamas gave in, the war "could end today", but "it seems unlikely now".

Kirby said that the US government has not "imposed demands" on Israel, and the timetable given by Israeli Defense Minister Joyaf galante is "consistent" with the previous statements of many Israeli officials.

However, the spokesman also said that during his visit to Israel, Sullivan raised "sharp questions" to Israeli officials about Israel’s offensive plan.

Kirby said: "Sullivan did talk about the possibility of transitioning from high-intensity actions we are seeing to low-intensity actions in the near future. But I don’t want to give a timetable for this. "

The Israeli Prime Minister told the United States: Continue to fight until "absolute victory."

According to a report by Reuters on December 14th, according to a statement issued by the office of Israeli Prime Minister Benjamin Netanyahu, Netanyahu told visiting US Presidential National Security Assistant jack sullivan on the 14th that Israel would continue its war against Hamas until it "won an absolute victory".

According to reports, Netanyahu said that he and Sullivan discussed regional threats, including Iran’s agent Hezbollah in Lebanon and its agent Houthi in Yemen, to ensure the safe return of hostages held by Hamas and continue to provide humanitarian assistance to civilians in Gaza.

The statement reads: "I told our American friends that our heroic soldiers did not fall in vain. Inspired by the deep sorrow of their fall, we will continue to fight more resolutely than ever before until Hamas is eliminated-until we win an absolute victory. "

According to a report by DPA on December 14th, Hamas leader ismail haniya pointed out in his speech on the evening of 13th that all post-war plans in Gaza Strip excluding Hamas are "fantasy" and "delusion".

Chana also confirmed that he was willing to negotiate "all proposals or initiatives to end this aggression".

Chana said that Hamas is willing to hold talks on a possible political path to "ensure the right of the Palestinian people to have an independent state with Jerusalem as its capital".

Editor-in-Chief: Zhao Hanlu

Text Editor: Fang Ying

Author: Reference News

Source: Xinhua News Agency

Photo Editor: Zhu Ying

Rich film list! The summer box office in 2023 will return to the 10 billion era.


Special feature of 1905 film network In 2023, the Dragon Boat Festival entered the countdown and won at the starting line. At present, the total box office of the two films is more than 20 million, making them the top seed players.


With the opening of the Dragon Boat Festival, the balance in June is insufficient. In July, which played a connecting role in the summer file, with the addition of two foreign films, the lineup of films was more abundant.


Up to now, in 2023, many imported films have been booked and released in China. Coupled with a number of domestic blockbusters previously scheduled, the box office of the summer file in 2023 will return to the era of 10 billion.



Filmmakers hope that all the films in the schedule will sell well.


It has become normal for the imported movie "Bao Tuan" to land in the first month of the summer file.


The same is true in 2023, with 9 foreign films scheduled for June. Among them, "Transformers 7", "Speed and Passion 10" and many other foreign films are temporarily in the TOP10 of the single-chip box office list in June.


"First of all, many films are scheduled in North America in the summer, and the simultaneous release in the mainland can guarantee the box office revenue of the films. If they are shown later, the pirated resources will be leaked in advance and the plot will be spoiled." Cheng Fei, CEO of Top Data, shared his views on the phenomenon that many imported films choose to be released in summer. He admits that the summer file has a time span of three months, and for imported films, there is plenty of room for box office.


According to the statistics of Top Data’s summer box office in recent years, the primary factor for imported movies to achieve high box office during this period is the quality of film content. For example, in early May, under the premise of serious loss of foreign film audience, with excellent reputation, it achieved almost the same box office results as the previous film. At present, the film has exceeded 36.6 million yuan, ranking 9 th in the single box office list of the mainland film market in June.


Secondly, IP size is also an important factor affecting the box office performance of foreign films in summer. For example, Speed and Passion 10, which is being released, has won a cumulative box office of nearly 1 billion yuan with IP blessing, although its reputation is average.



At present, 20 films have been scheduled in July 2023. In terms of imported movies, Mission Impossible 7 has a high degree of market recognition. In terms of domestic films, etc., the online ticketing platform wants to see the top number of people.


Among these films, Cheng Fei said that "the box office of domestic films is greatly influenced by word of mouth, and the word-of-mouth feedback of the premiere of" octagonal cage "is positive; The "Enthusiasm" unveiled at the Shanghai Film Festival has received rave reviews in the industry; There is no word-of-mouth exposure in the production level, showing a large temperament; It attracted a large audience on the streaming media platform. " In terms of imported films, "Mission Impossible 7" was praised by overseas media in the early stage, or became the box office champion of imported films in summer.



For the cinema, the summer file is also an important schedule that affects the annual revenue.


"I think as a filmmaker, I may prefer to sell all the films in the schedule. After the epidemic, the whole industry is working hard from top to bottom. We don’t want only one explosive movie in a schedule, because one explosive can’t support the whole schedule. " Cai Xiaoxue, director of operation of UME Studios, bluntly said that the efforts of all parties in the film industry are aimed at creating a win-win situation of "letting a hundred flowers blossom and a hundred schools of thought contend". Only when the schedule is good can the market remain dynamic.


At present, the 2023 summer movie list can be described as colorful. Cai Xiaoxue believes that this film list can attract more main moviegoers to enter the cinema. According to the characteristics of the scheduled passenger flow, UME Studios also launched preferential movie viewing activities for students and graduates.



Summer box office may return to the era of 10 billion


In 2019, it became a watershed in the summer box office of the mainland film market.


Since 2015, the overall box office of this period has exceeded the 10 billion mark for five consecutive years and reached a record high of 17.778 billion yuan in 2019. Since then, affected by the epidemic, the box office of the summer file fell to 7.181 billion yuan in 2021 and rose to 9.135 billion yuan in 2022.


By 6: 00 pm on June 20th, the box office of summer file in 2023 had reached 1.66 billion yuan, exceeding the level of the same period last year. In July, due to the rich types of films in the market and the balanced volume, the box office in a single month is expected to create a new high after the epidemic. August, etc., with a certain market recognition.


In this context, the summer file in 2023 is expected to return to the era of billions.



"The first mainland box office of the Megalodon series produced by our Chinese film industry sold for 1 billion yuan. The second new combination with Jason Statham will make the potential audience base even larger. " Cai Xiaoxue admits that he is full of confidence in the return of the summer file in 2023 to the era of 10 billion box office. In the August film list, she believes that Megalodon 2: Abyss can have a good box office performance.


Cheng Fei also believes that it is easier for the summer box office to exceed 10 billion in 2023, but it is difficult to challenge the best results in 2019. At the same time, he also admitted that the market could not reach the best level in history overnight and needed a gradual process. According to Top Box Office Forecast System, the summer box office in 2023 is expected to fluctuate from 11 billion yuan to 13 billion yuan.



As we all know, July and August have become the main ticket warehouses for summer files. According to statistics, in the last five summer vacations, July and August won the monthly box office champion for two times and three times respectively. With the coming of these two months, the competition in the summer movie market will become more intense.


In the summer of 2023, audiences hope to see more excellent films, and filmmakers hope to see more win-win situations. The upcoming Dragon Boat Festival will also set off a wave of movie climax.


Who can be the biggest winner when the local life is shuffled?

In 2023, the competition among Internet platforms became increasingly fierce, and all major platforms were actively seeking innovation and breakthrough. In this smoke-filled Internet environment, the competition in local life is particularly noticeable.

From Meituan and Ali, to Tik Tok and Aauto Quicker, to Xiaohongshu and video number, they have entered the local life field one after another as an important strategic direction.It has gradually become the new normal of the development of the Internet industry to provide local life services that meet the personalized needs of users through various means such as price wars, service upgrades and technological innovation.

In such a year full of opportunities and challenges, the local life platform is facing unprecedented competitive pressure. With the coming of the new year, this comprehensive and fierce competition will also enter a new stage.

Local life platform melee 2023

Looking back on the local life platform in 2023, this year is undoubtedly full of high-speed development.

From the perspective of layout, all major platforms have tried their best, for fear that competitors will seize the initiative if they are not careful.

Especially, Meituan, which has been the industry leader for a long time, has become the target of siege by many platforms, and its anxiety has become more and more obvious. In order to alleviate this anxiety, the US Mission had to carry out in-depth layout frequently.

No, a few days ago, Meituan revised the short video channel again, adding local channels in addition to the original attention and recommendation interface.

Source: Yibang Power

At present, this new channel has been popularized and applied nationwide, and most of the jump links in the interface point to the core catering businesses of Meituan. For businesses such as comprehensive, wine travel and beauty, Meituan has not yet opened a link with the short video function.

To put it simply, Meituan closely combines short video content with local life business, hoping to enhance user experience and increase user participation and stickiness in this way.

Combined with the layout of live broadcast and short video in the first-class traffic portal this year, short video and live broadcast are obviously the core layout of the local life of the US Mission in 2023.

Having said that, let’s turn our attention to its biggest competitor, Tik Tok. Recently, Tik Tok continues to explore stores and group purchases as an important way for local life merchants to gain increment on its platform.

In the aspect of talent shop exploration, Tik Tok Life Service launched the "Good Life Discovery Plan", and invested 500 million yuan to help businesses find high-quality talent, so as to further explore the field of shop exploration.

In terms of low-priced group buying, Tik Tok Group Buying Channel has been adjusted for a new round, adding three modules: special group buying, hot list and free trial, which further strengthens consumers’ awareness of low prices and special offers.

Source: Tik Tok App screenshot

In 2023, the layout of Tik Tok and Meituan shows an obvious trend. Both sides are trying to break into each other’s hinterland, trying to expand their respective market share and attract more local life users and businesses.This kind of competition may bring more benefits and benefits to consumers; At the same time, it is also a good opportunity for merchants to show their products and services.

Meituan expanded its business scope by attacking Tik Tok, while Tik Tok explored the advantages of Meituan to find new growth points. In order to seize the market share, both sides sacrificed their own killers.

Where is the key to competition?

Besides Meituan and Tik Tok, platforms such as Ali, Aauto Quicker, Little Red Book and Video Number are also deepening their layout and development in the local life field.

Let’s take a look at the old rival of Meituan, Ali.

This year, Ali’s big move in the field of local life is to merge Gao De and Word of Mouth, which undoubtedly injected new vitality into Ali’s layout in the field of local life. At the same time, the increase in the order volume brought by the high-tech aggregation platform has also enabled the active users of Ali’s local life sector to continue to grow, setting a record high.

According to the financial report of the second quarter of fiscal year 2024, the revenue of Ali Local Life Group increased by 16% year-on-year to 15.564 billion yuan, which was mainly driven by the hungry and the strong growth of Gaode business. The order increased by nearly 20% year-on-year, and the adjusted EBITA was a loss of 2.564 billion yuan, which was an improvement compared with the loss of 3.328 billion yuan in the same period of 2022.

Source: screenshot of Alibaba’s second quarter financial report for fiscal year 2024

From this point of view, Ali has made great progress and development in the local life field with the effective growth of Gao De and Hungry.

As for platforms such as Aauto Quicker, Little Red Book and Video Number, although they entered the local life field relatively late, they paid top-down attention to this life business.

Aauto Quicker accelerates to fill the shortcomings of home business, and provides faster and more convenient home service through cooperation with merchants; The video number cooperates with local life merchants through short videos and live broadcasts to provide consumers with a more intuitive and vivid shopping experience; Xiaohongshu provides consumers with more diversified local life recommendations and experiences by sharing community attributes.

In terms of action, this year, Aauto Quicker has adopted a market positioning of stimulating consumption at low prices and paying attention to community atmosphere, and organized people to produce store-exploring content through short videos to continuously create a more "grounded" local consumption experience for users.

The video number launched the local life component this year, and used the traffic advantage to open up online and offline channels for businesses.

Xiaohongshu entered the local life track step by step through the internal test group purchase function, and launched the food distribution shop plan and the searchlight plan.

The layout and development of these platforms have more or less promoted the innovation and development of local life services and injected new vitality and opportunities into the entire industry track.

From Meituan and Tik Tok to Ali and Aauto Quicker, and then to Xiaohongshu and video number, the layout of local life has become something that major Internet platforms have to do.

At present, the local life industry is in the initial stage of rapid development, and opportunities and challenges coexist. At this stage, innovation and quality become the key factors of platform competition, and the platform must pay attention to user experience and word-of-mouth construction in order to maintain a leading position in the market.

In other words, in the face of increasingly fierce market competition, only by constantly improving their own strength and actively seizing market share can major local life platforms be in an invincible position.

Local life opens up all-round competition

As we all know, competition is often cruel, because it involves many aspects such as market share, user resources and market influence.

Especially this year, the remarkable trend of the local life platform is to shift from the C-end battlefield to the B-end battlefield. In this process, players from all walks of life have invested resources to grab the market, and the competition for merchants and service providers has intensified.

As expected, Tik Tok has launched four management products, including Tik Tok Laike, Tik Tok Linke, Tik Tok Jixing and Tik Tok Shoppers, in order to improve the business ability and work efficiency of merchants.

Meituan has launched a small program "Meituan Circle Shop Exploration" to match merchants and talents, as well as a new marketing tool for merchants "Shenqiangshou" and an information management tool App "Qingyun Juxin" for merchants’ one-stop performance management capabilities.

Source: Qingyun Juxin Guanwei

Aauto Quicker, whose product technology is more mature, Xiaohongshu, which has a strong grass planting property, and the video number backed by WeChat private domain ecology will all release great potential in the field of local businesses and service providers, and become rivals that cannot be ignored by Meituan and Tik Tok.

Paying attention to the B-side has obviously become an important strategy for the above Internet platforms in the field of local life.

There are two main reasons why they attach so much importance to B-side: First, with the decline of mobile Internet traffic dividends and technology dividends, the growth rate of users is gradually slowing down, and the platform needs to seize every opportunity to obtain increments, and the B-side market is an important way for them to obtain increments; Second, by strengthening cooperation with merchants, we can meet users’ scenarios, multi-industry and diversified needs, and enhance the market competitiveness of the platform, thus maintaining a leading position in the highly competitive market.

However, the transformation is not a simple matter, which not only means that the platform needs to pay attention to consumer demand and cooperation and win-win with merchants at the same time, but also must constantly improve its service level and user experience and actively adapt to market changes.

Only in this way can the local life platform represented by Meituan maintain a leading position in the highly competitive market.

At present, it seems that the local life industry has not yet won this year, and the future direction of competition is still full of variables. But what is certain is that the local life industry will face all-round competition, and new stories will be staged in 2024.

Author | Li Xiang

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