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On the evening of August 8, ST Zhongtai (000980.SZ) announced the semi-annual report. The data shows that during the reporting period, the company’s operating income was 2.98 yuan, a year-on-year decrease of 22.5%; The net profit attributable to shareholders of listed companies was -2.77 yuan, a year-on-year decrease of 63.15%.

This is not the first time to fall into the quagmire of losses. In 2019, the company lost as much as 11.19 billion yuan. In 2018, the company also lost nearly 10.34 billion yuan. In three years, the total loss of ST Zhongtai reached 22.24 billion yuan.

However, Titanium Media APP noticed that although ST Zhongtai was shocking in financial data, its performance in the capital market was very "crazy". According to the statistics of titanium media APP, in 2021, ST Zhongtai had 87 daily limit times and 41 daily limit times, with an interval amplitude of 651.85%.

However, it is worth noting that since November 19 last year, the company’s share price has been falling from the highest point of 9.31 yuan, and the cumulative decline has reached 50.69% so far. As of the close of August 11th, the company’s share price was 4.27 yuan.

So, why did ST Zhongtai become a "demon stock"? After completing the restructuring plan that has attracted much attention, can Zotye Auto become a "golden phoenix" as investors expect?

According to public information, ST Zotye was established in 2003. It is an automobile manufacturer with R&D, manufacturing and sales of automobile as its core business, and it is also one of the largest automobile instrument manufacturers in China. The company owns independent brands such as Zotye, Jiangnan and Junma, and its products cover four market segments: SUV, car, MPV and new energy vehicle.

At the beginning of its establishment, in order to attract consumers, Zotye Automobile has been opening up the market by imitating mature automobile brands.

For example, in 2006, Zotye launched a model with almost the same appearance as Toyota Terui, but the price was only half — — Zotye 2008; In 2007, Zotye acquired Jiangnan Automobile and launched a Jiangnan Alto model, and quickly occupied the car market at a low price of 18,000, with sales reaching 30,000 in the first year.

In 2009, the state introduced the pilot policy of subsidies for new energy vehicles, and Zotye Auto became the first car companies to enjoy the bonus of subsidies for new energy. In the following years, Zotye Automobile still expanded rapidly by imitation.

In 2016, Zotye launched another model that looks like Porsche Macan — — Zotye SR9, despite being scolded by netizens, has also achieved good sales results — — In 2016, the cumulative sales volume of Zotye Automobile reached 333,100 units, an increase of 50% over the same period of last year. According to the statistics of China Passenger Association, in 2017, Zotye Automobile ranked eighth in the sales list of local car companies in China.

However, because Zotye’s way of building cars is mainly to imitate plagiarism, Zotye’s car failures that have not mastered the core technology occur very frequently; In addition, in the face of fierce competition, consumers gradually have more choices. The data shows that in 2018, the company’s passenger car sales fell to 154,800 units, and in 2019, the sales volume was only 116,600 units. By 2020, Zotye Automobile has been seriously insolvent, unable to continue to operate, and has to go through bankruptcy liquidation.

Surprisingly, after the reorganization information was issued, the company’s share price rose rapidly the next day.

The reason is that the new energy vehicles were hot that year, and most investors believed that Zotye’s restructuring would be successful, even welcoming the extraordinary financial owners. Most importantly, Zotye Automobile has the qualification to build a car that the car-making forces covet.

Titanium Media APP learned that since June 2017, the state has suspended the approval of new energy vehicle production qualifications. At one time, Weimar Automobile acquired Dalian Huanghai for 1.18 billion yuan to obtain the qualification of new energy production; In order to obtain the production qualification, Baiteng Automobile acquired faw xiali’s FAW Huali with 1 yuan, but assumed the debt of FAW Huali of 855 million yuan; In order to obtain qualification, LI also acquired 100% equity of chongqing lifan Automobile Co., Ltd. for 650 million yuan; Xpeng Motors also obtained the production qualification through the formal acquisition of Guangdong Foday Automobile Co., Ltd. last year.

Therefore, in addition to the "nails", Zotye’s rotten ship is still holding on to its most valuable "engine". For companies that want to enter new energy vehicles, there is no reason not to reorganize and leak.

However, in 2020, Zotye Automobile’s operating income continued to drop by 55.18% to 1.338 billion yuan, and its net profit attributable to its mother was-10.801 billion yuan. In addition, the announcement shows that due to the shortage of funds, the company’s automobile production bases are basically in a state of suspension or semi-suspension, and the company’s main product, the whole vehicle, basically has no sales revenue. But none of this has affected *ST Zotye’s footsteps of becoming an eight-fold "mad cow" stock in 2021. After all, what capital needs is a good story.

However, Titanium Media APP noticed that after the company entered the restructuring plan last year, although everything has been settled, the market has no expectation and freshness. The company’s share price has been falling since last November.

According to the announcement, on September 30th, 2021, Jiangsu Shenshang Holding Group Co., Ltd. was finally determined as the company’s reorganization investor, and Shanghai Taiqi Automobile Technology Partnership and Hunan Zhibo Zhiche Equity Investment Partnership were selected as the company’s junior reorganization investors.

On the same day, the company and the manager signed the Reorganization Investment Agreement of Zotye Automobile Co., Ltd. with Jiangsu Shenshang, and Jiangsu Shenshang paid 550 million yuan to the designated account as the performance bond on the same day. According to the Agreement on Restructuring Investment, the above-mentioned companies will provide 2 billion yuan for Zotye Automobile in the future. On December 28th, 2021, the company received the Civil Ruling from Jinhua Intermediate People’s Court, confirming that the reorganization plan of the company had been implemented. At this point, the reorganization of the company finally came to an end.

And on June 10 this year. The company has released a new fund-raising plan. According to the announcement, ST Zhongtai intends to raise no more than 6 billion yuan from no more than 35 specific investors. The number of shares issued does not exceed 1.52 billion shares. With regard to the funds raised in this issuance, ST Zhongtai plans to use 4.732 billion yuan for the new energy intelligent networked vehicle development and R&D capability improvement project, 468 million yuan for channel construction project investment and 800 million yuan for supplementary working capital.

In addition, according to ST Zhongtai’s statement in the announcement, after the fundraising of 6 billion yuan is completed, the group will develop four new energy vehicles and intelligent networked passenger cars based on three electric vehicle platforms, including three pure electric medium and large SUVs and a car.

But in the past two months, the capital has not shown too much enthusiasm for this. According to the semi-annual report, it can be seen that the company is still in a state of loss. In addition, it is worth noting that in the semi-annual report, the company proposed that the company’s vehicle production was at a standstill during the reporting period, and its operating income mainly came from the sales revenue of auto parts and door industry. During the reporting period, it has been striving to resume work as soon as possible, but the specific time for full resumption of work and production cannot be determined.

It can be seen that although ST Zhongtai has initially stepped out of the "quagmire", there are still many unknowns about whether it can really get back on the road.

In addition, at present, in addition to the financial problem, the technical problem of new energy vehicles has to be solved. Previously, the company was gradually eliminated by the market because of lack of technology accumulation and weak product strength. Therefore, after nearly two years of hype and storytelling, investors may hope that ST Zhongtai can come up with something practical.(This article is the first titanium media, author | Yu Ying)

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Wen | Zhongshi Warner

Editor | Zhongshi Warner

Low-key love is only to protect the beloved girl, and bold official announcement at the peak of her career is only to give her enough confidence to become her dependence.

If we say whose love is the most enviable in sports, there is no doubt that it is Malone. After becoming famous, people not only care about his competition achievements and health, but also are curious about his life.

What kind of girl can marry him? While female fans are still fantasizing about falling in love with him, I don’t know that Malone has been in low-key love with his girlfriend for several years.

01

Love that no one knows.

Malone, who has become the main force of local table tennis in 2010, met a bottleneck in the competition. In order to relieve the pressure of the competition, the coach sent him to participate in a youth exchange activity in Nanjing.

Here, he met his favorite girl in my life-Xia Lu. At this time, Xia Lu studied in Hohai University, a freshman law department. Because she also likes table tennis very much, she wanted to participate in the exchange meeting to increase some experience.

It is no exaggeration to say that Malone was attracted by this handsome girl when she met her at first sight. Although the plot in the idol drama is very old-fashioned, we have to say that the drama is based on reality.

Of course, it is impossible for Malone to be the only one who moved his heart. At the exchange meeting, he played table tennis cleanly, and his skill was vigorous and powerful. Xia Lu also noticed the boy dancing confidently on the sports field.

Although both sides are interesting, it seems a bit abrupt to express their intention at the first meeting. Even after the exchange meeting, they only added qq friends and didn’t even leave a phone number.

Although the next two people were separated from each other, the message in the chat box was never broken. Every time before the game, Xia Lu always called to encourage him, so don’t be nervous, just play steadily, or send him some funny videos to distract him.

After a long time of contact, Malone’s teammates also knew about it and encouraged him to confess to Xia Lu. "Confessing this kind of thing should be for boys, and girls can’t always take the initiative."

One day, Malone finally got up the courage to confess to her and said, "I’m just an ordinary athlete, and I can’t afford the future of both of us. Can you wait for me?"

At this time, Xia Lu, who heard the confession, was already in tears, and the two finally knew each other’s thoughts. However, for the normal life of Xia Lu, the contact with the two people was not excessively concerned by the media, and finally they chose to keep a low profile.

After that, Malone’s career was further improved. On September 30, 2012, he defeated Poland with an excellent record of 4-0 and won the singles world championship.

It seems that emotional stability is like a lucky agent. With the blessing of the aura of love, Malone won various medals step by step.

During their relationship, Xia Lu, as the beauty queen of Hohai University, was pursued by many people, but she always said the same thing, "I have a boyfriend".

Because they are in a low-key relationship, Xia Lu has never introduced who his boyfriend is in front of his friends. Slowly, everyone thinks that this is just a rhetoric of refusing people.

Although they will face a lot of troubles, both sides never want to give up. This kind of love has lasted for 8 years. It is the most difficult to say that long-distance love is not official, let alone long-distance love. It is enough to prove the firmness of two people’s love.

02

Public opinion storm

In 2014, Xia Lu graduated. Because of her work, she settled in Nanjing. However, for the love of two people, someone has to make sacrifices. Malone is an athlete training, and her schedule for playing games is full.

In order to have more time for two people to meet, Xia Lu runs back and forth between Nanjing and Beijing every time. However, it is not only her who is paying for this relationship. Whenever Malone goes abroad to play a game, he always wants to bring some gifts back to make his girlfriend happy. Perhaps it is a two-way trip in this relationship, which also makes their difficult love come to the end.

In April 2015, the 53rd World Table Tennis Competition was held in Suzhou, Jiangsu, and Jiangsu was not far from Nanjing, so she decided to cheer for her boyfriend.

Because the contact can’t be revealed, Xia Lu chose to sit in the audience and watch her boyfriend’s game quietly with a small flag, but after the game, she saw a sad scene.

Ishikawa Kasumi, a foreign female table tennis player, likes Malone very much. As long as there is his game, she will rush to the stadium to cheer for him. This time, even at the end of Malone’s game, she rushed to the front to pass water and towels. This scene was seen by Xia Lu, but she couldn’t say anything.

In the current media interview, she even said directly that "Malone is very gentle and handsome when playing, and I hope to have a chance to play a game".

Malone’s identity in the outside world is single. After this incident, many people think that they are very suitable for becoming lovers, and they also call them "golden couple".

In the face of this situation, Xia Lu was undoubtedly panicked, but she didn’t go to Malone to make a fuss and ask questions, but chose to beat about the bush.

Malone, who is well-developed in sports cells, didn’t realize the seriousness of this matter until Xia Lu began not to contact him, and even if he spoke, he seemed absent-minded. Malone didn’t feel that there was something wrong with his feelings.

He didn’t know exactly what happened, so he quickly bought a ticket to Nanjing to find his girlfriend. Only then did he explain the cause and effect clearly, and he once again expressed his deep affection to Xia Lu: "You are the person I intend to spend my life with, and I won’t let any external factors stop us from being together."

I mean, whether you are in love or doing anything, you should pay attention to skills.

03

Hard-won official announcement

In August 2016, Malone won two gold medals in the Rio Olympic Games, and another grand slam winner of the world table tennis was born. He was so excited that he took a picture of his heart with his hand and sent it to his girlfriend.

With Malone’s popularity getting higher and higher, many people began to dig up his black material. Although they didn’t dig up any similar information about his personal morality, they were found a shocking secret by netizens.

Netizens found that Malone and Weibo in Xia Lu were too close, and many fans began to attack Xia Lu personally and slandered her, saying that she deliberately quarreled with Malone’s hot search and that she was greedy for vanity.

At this time, Malone directly announced in Weibo and issued a document: "Eight years is not easy, we are fine." For a while, there were two winds. Some people praised Malone for his responsibility and blessed two people. Others advised Malone to break up quickly. She was not a good person.

Malone ignored the comments on the Internet. In 2017, Malone proposed to Xia Lu and submitted a marriage application to the team.

In the second year of marriage, the son was born. As an athlete, Malone couldn’t take it with the woman for a long time. Even after the child was born, it was taken care of by the woman alone.

Xia Lu was tired when men were away from home. On a vacation, Xia Lu asked Malone to retire early and help her take care of the family. In addition, Malone had some problems with his leg joints, so it was better to retire early.

Malone was lost in thought after hearing the woman’s words. He saw him crying in the study that night. Looking at the man’s expression, Xia Lu relented, so the next day he said, "Go ahead and fight. Since you want to fight, I won’t force you."

Malone immediately picked up the woman and thanked her for being reasonable.

04

An indissoluble bond with table tennis

If women are the pillars for Malone to shine in table tennis, then parents are the initiators of his sports career.

When he was a child, Malone was not very healthy, weak and often fell ill. Every time there was a minor illness and disaster, he suffered a great sin, and his parents were anxious to cry when they looked at their children’s uncomfortable appearance.

Once, Malone’s father heard that practicing table tennis can keep fit, and the children are full of vitality, so he helped him sign up for an extracurricular class to practice table tennis.

During the practice of table tennis, Malone gradually became interested in this sport. What’s more new is that his body is really getting better, so his father supported Malone’s choice without delaying his body and cultivating his hobbies.

Of course, as long as children have the nature of being lazy, professional table tennis training is boring and hard. Not only did Malone have the idea of being lazy, but after being discovered by his father, Malone was severely criticized by his father. "As long as it is what you believe, you must stick to it no matter how hard and tired you are."

Under his father’s education, Malone no longer regarded it as a game for recreation when he was bored, and began to seriously train to play table tennis.

Students who study hard don’t like it without a teacher. Malone’s practice energy has been appreciated by the coach. During a long period of practice, his table tennis skills began to soar, and the coach will specially guide him and improve his skills.

Malone has achieved excellent results in various competitions, so he was specially recruited by Liaoning Sports School. However, he is still young and can’t take care of himself. Therefore, under the discussion of his parents, his mother decided to resign and concentrate on taking care of his son’s life.

In order for Malone to get good results in table tennis, his parents gave up a lot, but Malone didn’t let them down. Soon after he joined the team, he won the "East Asia Hope Cup".

Just when he was about to enter the local team, Malone had problems. All his peers had grown taller, but his height remained the same. Although his table tennis skills were good, his height was not up to standard.

　 　 [XCAR Deep Observation Original]

　 　 Foreword:In the previous article, we talked about the topic of "China brand collective counterattack", but mainly talked about the "big guy" in China brand, including the "four big and four small" in state-owned car companies and private car companies in the first-line camp. This issue will continue this topic, but the goal has been changed from "big guy" to "small guy". The so-called rising tide lifts all boats, the continuous expansion of China automobile market, and the improvement of the overall technical level will also bring opportunities to those "small guy" automobile enterprises in China market. "Small boats are easy to turn around". If they respond quickly enough and find the right development direction, these "small heads" can also overtake in corners. Inadvertently, you will suddenly find that their growth rate is much faster than you think. Let’s take a look at several representative car companies.

　 　 ● Zotye automobile

　　　　Speaking of Zotye, there seems to be no sense of existence for a long time. The initial impression is that SUV model that looks like Toyota Terui, and the car name is still changing from 2008 to 5008, but the model has not changed. The first judgment is that this car company has no strength of independent technology development. In addition, it seems that there is not much ambition after a long period of obscurity. In fact, among private car companies, Zotye started not too late, and it was almost the same as BYD’s entry into the automobile field, both in 2003. Like BYD, Zotye had a long history before it entered the automobile field, but its old business was not electronics, but hardware.

　　　　Zotye Automobile’s predecessor was the Great Wall Hardware Machinery Factory, which was established in 1994 and located in Yongkang, Zhejiang Province, where the private economy was very developed. Since then, the Great Wall Hardware Machinery Factory has been renamed Tieniu Group, which has experienced rapid growth and subsequent industrial integration. In 2003, Tieniu Group entered the automobile field after acquiring the shares of Jinma, which produces key automobile parts, and established Zotye Holdings, with Wu Jianzhong as the chairman.

　 　　By chance, Zotye Automobile bought a Toyota TERIOS production line sold by a Taiwan Province automobile company due to financial problems, and gained the capacity of vehicle production. But since then, it has faced the same problems as all private cars — — The qualification of vehicle production was initially achieved through cooperation with Chengdu Xindadi Automobile, but after all, it was an expedient measure. In March 2007, Tieniu Group broke through many obstacles and successfully acquired 70% of the shares of Jiangnan Automobile Manufacturing Co., Ltd., thus taking Jiangnan Alto to its subsidiary and "buying" a car "birth certificate" of its own.

　　　　The bumpy road is somewhat similar to the initial stage of Geely and BYD, but the process is more tortuous, which also honed the indomitable will of Zotye Automobile. In the first five years of its establishment, Zotye had only one product such as 5008. The product line was thin and the lack of independent development capability was the biggest bottleneck. Since then, Zotye Auto has thought of introducing mature overseas technology platforms. In 2008, Zotye bought some relatively old technology platforms and production lines of Fiat Auto, such as the early wide-body MPV Dream Deborah, and it was reported that Zotye bought out the four production platforms of M/P/D/L from Fiat, and Palio, which was once produced in Nanjing Fiat, will also be produced in Zotye Factory.

　　　　After purchasing the technology platform from Fiat, Zotye’s product line finally expanded, and since then, it has also launched Langlang and Langjun based on Fiat Palio and Siena. Although it is an old platform, Zotye has carried out independent design and transformation, which is also the consistent practice of Zotye to launch new cars since then.

　 　 With the technical support of Fiat, at the Shanghai Auto Show in 2011, Zotye’s product line suddenly broke out, and a large number of previously unavailable models appeared on the booth, covering many fields such as mini-cars, compact cars and SUVs, and adopted a brand-new letter+number naming method.

　 　 The imitation traces of Lang Lang and Lang Jun introduced by Zotye in the early days are very obvious, and the independent design is not mature enough, with a strong "cottage" atmosphere. In addition, Zotye is not good at marketing and its market performance is relatively general. The real turning point is the launch of Zotye Z300 and the joining of Xia Zhibing, former general manager of BYD in 2012.

　　　　Zotye Z300 has greatly surpassed Zotye’s previous products in terms of design and interior. Its appearance is fashionable and generous, and the interior is also very advanced. Coupled with the large body size and low price, the outstanding products offset the lack of brand power and achieved good sales results. In addition, after Xia Zhibing became the president of Zotye Automobile, he was fully responsible for the management of production, technology and sales. Zotye’s product development and positioning, as well as subsequent marketing, have all reached a higher level, and Zotye’s development has also entered a fast track.

　　　　In 2013, Zotye Automobile sold more than 134,000 vehicles, an increase of more than 40% compared with 2012. At the end of 2013, another heavyweight model of Zotye, Zotye T600, went on the market. This model, which looks like "Volkswagen Touareg", is quite controversial. However, for a car company like Zotye, which originally lacked brand power, barbaric growth is sometimes an essential stage. The market finally gave the answer. The monthly sales of Zotye T600 is about 5,000, and it has entered the mainstream camp of China brand SUVs.

　　　　In 2014, Zotye introduced the Z500, which has got rid of the shadow of imitation in appearance, and the design can be said to be outstanding, fashionable and sporty, and equipped with a 1.5T engine to match the CVT gearbox. This model has reached the middle and upper reaches of China brand in all aspects, which makes people sit up and take notice.

　　　　At this year’s Shanghai Auto Show, Zotye once again brought surprises, and launched a brand-new medium and large-sized car Z700. This flagship model is somewhat Audi A6 in design, but it is not a naked imitation, but has added many independent design elements. And the interior technology and configuration have a good performance, and the 1.8T and 2.0T power is also a selling point. In addition, another urban SUV model, Damai X5, is also very interesting, with mature design and an estimated price of 80,000 yuan.

　　　　It is worth mentioning that Zotye has also made great achievements in the field of new energy. In addition to the previously launched Zhidou electric vehicle, the auto show also launched a brand-new Zotye E200/ sesame E30 electric vehicle, which will be launched in September this year. The design is very interesting and can meet the daily needs of urban transportation. Zotye entered the new energy market very early, and electric taxis have been piloted in Hangzhou for many years, which has accumulated a lot of experience and is also very prescient.

　　　　Zotye’s success lies in the successful grasp of the domestic market demand. For example, after having a mature technology platform, it puts more energy into improving the design level. It has to be said that the design level of Zotye’s new car has been in the middle and upper reaches of the China brand, leaving a good first impression on consumers. In addition, the body size is also very advantageous compared with competitors at the same level. Coupled with rich configuration and a price that is close to the people, the product’s competitiveness is excellent.

　　　　Some people may say that if it’s just beautiful in appearance but lacking in core competitiveness, isn’t it a vase? But the fact is, in this era of hard work, will you choose a car with excellent performance, but will it be ugly enough to affect your mood when you go out? Moreover, with the foundation of Fiat technology, Zotye’s core technology foundation is still good, and it is a bit wrong to call it a "vase"!

Tianjin Bureau of Statistics National Bureau of Statistics Tianjin Survey Corps

　　March 1, 2019

　　In 2018, under the guidance of Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era, Tianjin thoroughly implemented the spirit of the 19th National Congress of the Communist Party of China and the Second and Third Plenary Sessions of the 19th Central Committee, took the important requirements of "three efforts" put forward by the General Secretary of the Supreme Leader as the key link, adhered to the general tone of striving for progress in stability, thoroughly implemented the new development concept, took the initiative to do a good job in stabilizing employment, finance, foreign trade, foreign investment and expectations. The overall economic operation has remained stable, structural optimization has been continuously promoted, quality and efficiency have been steadily improved, market vitality has been continuously enhanced, people’s livelihood has improved significantly, and a high-quality development trend is taking shape.

　　I. Synthesis

　　In 2018, the city’s gross domestic product (GDP) was 1,880.964 billion yuan, an increase of 3.6% over the previous year. Among them, the added value of the primary industry was 17.271 billion yuan, up by 0.1%; The added value of the secondary industry was 760.981 billion yuan, an increase of 1.0%; The added value of the tertiary industry was 1,102.712 billion yuan, an increase of 5.9%. The tertiary industrial structure is 0.9:40.5:58.6.

　　The quality of fiscal revenue has improved significantly.The annual general public budget revenue was 210.619 billion yuan. Among them, the tax revenue was 162.484 billion yuan, accounting for 77.2% of the general public budget revenue, an increase of 7.7 percentage points over the previous year. From the perspective of main taxes, the value-added tax was 69.843 billion yuan, an increase of 6.7%; Enterprise income tax was 31.951 billion yuan, an increase of 3.1%; Personal income tax was 12.978 billion yuan, an increase of 11.4%. The annual general public budget expenditure was 310.453 billion yuan. Among them, social security and employment expenditure was 50.408 billion yuan, up by 9.7%; Education expenditure was 44.667 billion yuan, an increase of 3.3%; Medical and health expenditure was 19.255 billion yuan, an increase of 5.7%; Expenditure on housing security was 9.171 billion yuan, an increase of 43.1%.

　　The annual task of supply-side structural reform was fully implemented.De-capacity has been solidly promoted. In the fourth quarter of 2018, the utilization rate of industrial capacity above designated size in the city was 78.5%, up by 1.4 percentage points over the same period of last year, crude steel output increased by 6.4%, down by 13.4 percentage points over the previous year, and pig iron output decreased by 0.5%. The effect of deleveraging was remarkable. At the end of 2018, the asset-liability ratio of industrial enterprises above designated size was 57.9%, down by 1.9 percentage points from the end of last year, which was the lowest level since 2013. The cost of enterprises has been gradually reduced, and a new batch of cost reduction policies and measures have been introduced. The introduced cost reduction policies and measures have reduced the burden on enterprises by about 60 billion yuan throughout the year. In 2018, the income cost of the main business of industrial enterprises above designated size was 84.01 yuan, a decrease of 0.91 yuan over the previous year.

　　The private economy remains active.Firmly establish the concept of "industry first, entrepreneurs first", fully implement the "Tianjin Eight Articles" and 61 implementation rules, the business environment continues to improve, and market players continue to increase. In 2018, there were 221,100 newly registered market entities in the city, including 218,800 private market entities, accounting for 98.9% of the city’s total, with 599 newly registered daily. The development momentum in major areas is good. The added value of the city’s private economy was 855.176 billion yuan, up by 1.5%, accounting for 45.5% of the city’s economy. The industrial added value of private industrial enterprises above designated size increased by 2.5%, and the total industrial output value increased by 8.3%, which were 6.6 and 6.7 percentage points faster than the previous year, accounting for 22.8% and 31.3% of the city’s industry respectively. Private investment increased by 4.4%, 10 percentage points faster than that of the whole city. Among them, private investment in real estate development and operation increased by 30.5%, leasing and business services increased by 99.2%, electricity, heat, gas and water production and supply increased by 56.6%, and transportation, warehousing and postal services increased by 2.1%. The export of private enterprises increased by 42.0%, which was 33.4 percentage points faster than the city’s export, accounting for 32.7% of the city’s export.

　　Consumer prices rose moderately.In 2018, the city’s consumer price rose by 2.0%, down 0.1 percentage point from the previous year. Among them, food prices rose by 3.4% and non-food prices rose by 1.7%; Consumer goods prices rose by 2.3% and service prices rose by 1.6%.　　

　　The price increase of industrial producers has dropped.In 2018, the ex-factory price of industrial producers in the city rose by 5.4%, down 3.0 percentage points from the previous year; The purchase price of industrial producers rose by 6.2%, down by 4.9 percentage points.

　　Second, agriculture

　　Agricultural production is basically stable.The total agricultural output value for the whole year was 39.100 billion yuan, down 0.2% from the previous year. Among them, the output value of planting industry was 18.775 billion yuan, down by 3.4%; The forestry output value was 1.273 billion yuan, an increase of 50.2%; The output value of animal husbandry was 9.645 billion yuan, down by 4.8%; The fishery output value was 8.04 billion yuan, an increase of 18.7%; The output value of agriculture, forestry, animal husbandry and fishery services was 1.367 billion yuan, an increase of 7.5%. The plan to revitalize Xiaozhan Rice was launched, and the supply of major "vegetable basket" products such as vegetables, meat, eggs and milk remained stable.

　　Modern urban agriculture has developed rapidly.The strategic plan for rural revitalization in our city was issued, and the "six systems" of industrial development, reform and innovation, people’s livelihood security, environmental construction, rural governance and policy support were established. New formats such as pastoral complexes, modern agricultural industrial parks, and shared farms have been accelerated, and the number of demonstration bases for breeding applications of the Internet of Things has reached 800. Ten Sino-Israeli agricultural science and technology cooperation demonstration parks will be built, and 100 large-scale standardized facilities parks and 10 green recycling animal products production bases will be built. There are 182 leading rural enterprises at or above the municipal level, and 79 specialized villages with one village and one product. 150 beautiful villages have been built.

　　III. Industry and Construction Industry

　　In 2018, the city’s industrial added value was 696.271 billion yuan, an increase of 2.6% over the previous year; The added value of the construction industry was 66.338 billion yuan, down by 16.7%.

　　Industrial production remained stable.The added value of industrial enterprises above designated size increased by 2.4% in the whole year, 0.1 percentage point faster than the previous year. In terms of economic types, the added value of state-owned enterprises increased by 1.0%, private enterprises increased by 2.5%, and foreign and Hong Kong, Macao and Taiwan businesses increased by 4.4%. In terms of three categories, the added value of mining industry decreased by 1.4%, manufacturing industry increased by 3.2%, and electricity, heat, gas and water production and supply industries increased by 5.4%. From the main industries, the added value of agricultural and sideline food processing industry increased by 19.1%, electrical machinery and equipment manufacturing industry increased by 18.5%, metal products industry increased by 18.3%, special equipment manufacturing industry increased by 12.6%, pharmaceutical manufacturing industry increased by 8.8%, automobile manufacturing industry increased by 7.1%, and oil, coal and other fuel processing industry increased by 2.0%.

　　The efficiency of enterprises has increased rapidly.In the whole year, the main business income of industrial enterprises above designated size increased by 6.5%, 1.2 percentage points faster than the previous year, the total profit increased by 11.1%, and the profit rate of main business income was 6.8%, 0.4 percentage points higher than the previous year. Among them, the oil and gas mining industry, coal mining and washing industry, pharmaceutical manufacturing industry, tobacco products industry and food manufacturing industry have outstanding profitability, and the profit rate of main business income has reached double-digit level.

　

　　Production in the construction industry continued to decline.The total output value of the construction industry in the whole year was 379.110 billion yuan, down by 11.1%. The building construction area of construction enterprises is 133.7988 million square meters, of which the newly started area is 42.4925 million square meters. By the end of the year, there were 988 general contracting and professional contracting construction enterprises with special, first-class and second-class qualifications in the city, an increase of 134 over the end of last year.

　　Four, wholesale and retail and accommodation and catering

　　In 2018, the added value of wholesale and retail in the city was 236.145 billion yuan, an increase of 0.8%; The added value of accommodation and catering industry was 32.794 billion yuan, up by 4.5%.

　　The business market developed steadily.The annual sales of wholesale and retail commodities increased by 3.1%. The total retail sales of social consumer goods was 553.304 billion yuan, up by 1.7%. Among the commodities above designated size, the retail sales of petroleum and products increased by 10.8%, 6.8 percentage points faster than that of the previous year, driving the retail sales above designated size of the city to increase by 1.7 percentage points; Clothing, shoes, hats and knitted textiles increased by 10.5%; Furniture category increased by 6.1%; Grain, oil and food increased by 2.9%. There are 60 wholesale markets with a turnover of over 100 million yuan, with an annual turnover of 197 billion yuan.

　　The mass catering market continues to be active.The annual turnover of accommodation and catering industry increased by 10.8%, maintaining double-digit growth. Among them, the turnover of accommodation and catering industry below designated size increased by 12.1%, which was 1.3 percentage points faster than that of the whole city; The turnover of fast food above designated size increased by 8.8%, and the turnover of catering and distribution services increased by 45.8%.

　　V. Investment in fixed assets

　　Investment in fixed assets declined slightly.In 2018, investment in fixed assets (excluding farmers) decreased by 5.6% compared with the previous year in comparable terms. In terms of industries, investment in the primary industry decreased by 9.1%; Investment in the secondary industry decreased by 6.3%, and investment in the tertiary industry decreased by 5.3%. Investment in manufacturing industry decreased by 22.0%, of which computer communication and other electronic equipment manufacturing industry increased by 11.2% and automobile manufacturing industry increased by 7.0%.

　　In 2018, the city strictly implemented various national regulatory policies, and gradually established and improved a long-term mechanism for the development of the real estate market. The investment in real estate development increased by 8.6%. The sales area of commercial housing was 12,498,700 square meters, down by 15.7%, and the decline was 29.6 percentage points narrower than that of the previous year; Sales reached 200.662 billion yuan, down 11.7%, narrowing by 23.0 percentage points over the previous year.

　　VI. Transportation, Posts and Telecommunications

　　In 2018, the added value of transportation, warehousing and postal services in the city was 81.633 billion yuan, an increase of 3.1%.

　　Transportation has developed steadily.The annual freight volume was 535.4807 million tons, an increase of 1.0% over the previous year. Among them, there are 347,111,400 tons of roads, 92,477,000 tons of railways and 82,609,400 tons of water transportation. The turnover of goods was 198.428 billion tons kilometers, an increase of 2.3%. Among them, there are 40.41 billion tons of highways, 24.502 billion tons of railways and 132.66 billion tons of waterways. Passenger traffic was 192 million, an increase of 0.3%; Passenger turnover was 55.349 billion person-kilometers, an increase of 4.9%. Port cargo throughput was 508 million tons, up by 1.4%; The container throughput was 16.0069 million TEUs, an increase of 6.2%. The airport passenger throughput was 23,591,400 passengers, an increase of 12.3%; The cargo and mail throughput was 258,700 tons, down by 3.6%. By the end of the year, the number of civilian cars in the city was 2,986,900, including 2,501,400 private cars; There are 1,920,200 civilian cars, including 1,738,800 private cars.

　　The business volume of posts and telecommunications has doubled.The total postal and telecommunications business in the year was 85.105 billion yuan, up 1.1 times. Among them, the total telecommunications business was 73.571 billion yuan, up 1.4 times, 73.4 percentage points faster than the previous year; The total business volume of the postal industry was 11.534 billion yuan, an increase of 8.7%. By the end of the year, there were 16.485 million mobile phone users, an increase of 4.3%. There were 9.093 million Internet broadband access ports, an increase of 14.3%. There were 14.218 million mobile Internet users and 4.379 million fixed Internet users, up by 8.6% and 29% respectively.

　　VII. Finance

　　In 2018, the added value of the city’s financial industry was 196.689 billion yuan, an increase of 7.2%.

　　The balance of financial deposits and loans maintained growth.By the end of the year, the balance of local and foreign currency deposits of financial institutions (including foreign capital) in the city was 3,098.317 billion yuan, an increase of 4.236 billion yuan and 0.1% over the beginning of the year. The balance of various loans was 3,408.490 billion yuan, an increase of 243.909 billion yuan or 7.9% over the beginning of the year.

　　The securities trading market developed steadily.In 2018, there were 18 new domestic and overseas listed companies and New Third Board listed companies in the city, reaching a total of 259. At the end of the year, there were 5,167,800 securities accounts, an increase of 8.2% over the end of last year. The transaction volume of various securities in the whole year was 3,718.374 billion yuan, down by 14.6%. Among them, the stock trading volume was 1,766.173 billion yuan, down by 20.8%; The bond transaction volume was 1,693.048 billion yuan, down by 13.5%; The fund transaction volume was 252.6 billion yuan, an increase of 58.1%. The turnover in the futures market was 6,661.489 billion yuan, an increase of 10.2%.

　　The insurance market developed steadily.The original insurance premium income for the whole year was 55.998 billion yuan, down 0.9% from the previous year. Among them, life insurance premium income was 41.554 billion yuan, down 1.9%; Property insurance premium income was 14.444 billion yuan, up by 2.0%. The annual compensation was 16.414 billion yuan, an increase of 5.7% over the previous year. Among them, personal insurance paid 8.375 billion yuan, an increase of 3.1%; Property insurance paid 8.039 billion yuan, up 8.5%. By the end of the year, there were 3,936 insurance institutions and 98,600 insurance employees in the city.

　　Eight, development and opening up

　　Investment promotion has been solidly promoted.In 2018, the city introduced a total of 3,339 domestic-funded projects, and the actual utilization of domestic capital was 265.706 billion yuan. 524 manufacturing projects were introduced, with a capital of 17.663 billion yuan, accounting for 6.6%; 2,625 service industry projects were introduced, with a capital of 241.436 billion yuan, accounting for 90.9%, of which the capital of leasing and business services and financial services increased by 64.2% and 32.2% respectively. There are 1,088 foreign-invested enterprises newly approved in the city, with an increase of 14.4%. The contracted foreign capital is 24.649 billion US dollars, and the actual direct utilization of foreign capital is 4.851 billion US dollars.

　　Opening to the outside world has achieved positive results.Strengthen economic and trade cooperation with countries and regions along the "Belt and Road", build a two-way industrial cooperation base, continue to promote the construction of the expansion zone of China-Egypt Suez Economic and Trade Cooperation Zone, and make progress in the construction of advanced manufacturing industrial parks in China and Europe. In the whole year, 132 overseas enterprises and institutions were newly established, with Chinese investment of 2.105 billion US dollars. The newly signed contracts for foreign contracted projects amounted to US$ 4.45 billion, with a turnover of US$ 5.3 billion. By the end of the year, there were 16,900 foreign contracted projects and labor cooperation personnel.

　　The growth rate of foreign trade exports increased.In 2018, the city’s foreign trade import and export totaled 807.701 billion yuan, an increase of 5.6%. Among them, imports were 486.985 billion yuan, an increase of 3.8%; Exports reached 320.716 billion yuan, an increase of 8.6%, an increase of 7.4 percentage points over the previous year. General trade exports reached 155.571 billion yuan, an increase of 8.3%, 4.6 percentage points faster than the previous year; The export of processing trade was 142.638 billion yuan, up 6.9%, 6.9 percentage points faster than the previous year. Exports to Russia and ASEAN along the Belt and Road increased by 60.5% and 23.0% respectively, while exports to the United States and the European Union increased by 7.2% and 2.0% respectively.

　　　 Reform and innovation in the Pilot Free Trade Zone continued to deepen.90 reform tasks and two batches of 175 institutional innovations were basically completed. The "Deep Reform Plan" was approved and implemented by the central government, and 84 of the 128 tasks have been completed, taking the lead in implementing innovative policies such as enterprise business license with one address and multiple certificates, and foreign debt facilitation of financial leasing special purpose companies. The Pilot Free Trade Zone has accumulated 51,000 newly registered market entities, which is 2.2 times the sum of the previous years; In 2018, the actual direct utilization of foreign capital was 1.551 billion US dollars, accounting for 32% of the city. Financial leasing and parallel imported automobile business continue to maintain the national leading level.

　　Tourism has developed rapidly.In the whole year, it received 1,983,100 inbound tourists, including 1,759,800 foreigners, and the foreign exchange income of inbound tourism was 1.11 billion US dollars. Received 227 million domestic tourists, an increase of 9.1% over the previous year; Domestic tourism revenue was 384.089 billion yuan, an increase of 16.7%. Residents of our city traveled abroad for 897,500 times, an increase of 85.1%. At the end of the year, there were 82 star-rated hotels and 104 scenic spots with Grade A and above in the city.

　　Nine, Beijing-Tianjin-Hebei coordinated development

　　The function of serving the non-capital and the construction of xiong’an new area have achieved remarkable results.Actively undertake the relief of Beijing’s non-capital functions, Binhai-Zhongguancun Science Park has registered 941 enterprises, and the construction of Beijing-Tianjin Cooperation Demonstration Zone, Baodi Beijing-Tianjin Zhongguancun Science and Technology City and Wuqing Beijing-Tianjin Industrial New City has been accelerated. The National Convention and Exhibition Center project has started construction, and a number of projects such as China Communications Construction Beijing-Tianjin-Hebei Regional Headquarters and China University of Nuclear Industry have signed contracts. Take the initiative to serve the construction and development of xiong’an new area, and speed up the implementation of eight aspects of the Tianjin-Hebei cooperation agreement. In the whole year, Beijing-Hebei enterprises invested 123.388 billion yuan in Tianjin, accounting for 46.4% of the actually utilized domestic capital in the city.

　　Breakthroughs in key areas are progressing smoothly.Infrastructure coordination was accelerated, Jinxiong Intercity was included in the national plan, the construction of Jingbin and Jingtang railways was accelerated, the preliminary work of Tianjin-Beijing new airport connection line was accelerated, the Beijing-Qinhuangdao Expressway Hebei-Tianjin connection line was opened, the eastern section of Tianjin-Shijiazhuang Expressway was started, and the first branch line around the Bohai Sea between Tianjin Port and Caofeidian Port was opened. The restrictions on small and minibuses with Beijing licenses in Tianjin are managed in the same city, and the "one card" of Beijing-Tianjin-Hebei traffic covers all bus and subway lines. The Beijing-Tianjin-Hebei (Tianjin) Comprehensive Reform Experimental Zone for Inspection and Quarantine was put into operation. The total import and export volume of Tianjin Port was 1,384.604 billion yuan, up 9.2%, of which the proportion of goods from Beijing and Hebei reached 30.2%, up 0.4 percentage points over the previous year. Industrial docking cooperation continued to deepen, and projects such as Beijing-Tianjin-Hebei Big Data Collaborative Processing Center and Xiqing Electronic City Data Center were smoothly promoted. The joint prevention, control and treatment of ecological and environmental protection have been continuously strengthened, and the action plan for comprehensive control of air pollution in autumn and winter in 2018-2019 has been introduced, and the coordinated control of regional atmosphere, water and soil has been deepened.

　　X. New Economy

　　The growth of new industries has accelerated.In 2018, among the industries above designated size, the added value of high-tech industries (manufacturing) increased by 4.4%, 2.0 percentage points faster than that of the whole city, accounting for 13.3%; The added value of strategic emerging industries increased by 3.1%, accounting for 21.8%, an increase of 1.0 percentage points over the previous year. Among the service industries above designated size, the operating income of strategic emerging service industry, high-tech service industry and science and technology service industry increased by 9.2%, 11.9% and 12.2% respectively, and the profit margins reached 8.5%, 7.3% and 7.5% respectively.

　　The output of new products is growing well.The output of new energy vehicles increased by 4.1 times, service robots and industrial robots increased by 94.3% and 20.0% respectively, and integrated circuit wafers, lithium-ion batteries, electronic components and computer machines increased by 44.1%, 23.7%, 22.8% and 12.4% respectively.

　　New formats are booming."internet plus" promotes the development of online and offline integration. In 2018, the express delivery business volume was 576 million pieces, up by 14.7%. The layout of new retail has been accelerated, and new retail convenience stores such as JD.COM Convenience Store, Tmall Store, Suning Store, Convenience Bee Store, Wheat Store and JD.COM X Unmanned Supermarket have sprung up rapidly. New retail fresh supermarkets such as 7FRESH in JD.COM, G-Super in Greenland and Baoyan Daojia have settled down and opened, and the first JD.COM X Future Restaurant in China has opened its doors in Tianjin Eco-city.

　　XI. Urban Construction and Public Utilities

　　The function of urban carrier has been continuously improved.The construction of subway was accelerated, Metro Lines 5 and 6 were opened to traffic, the east extension line of Line 1 was tested, and Lilou and Shuanglin stations were put into trial operation. The number of subway lines in the city increased to six, with a total mileage of 220 kilometers. The urban traffic network has been continuously improved, 49 urban roads with a total area of 1.9 million square meters have been renovated, and main roads such as Glory Road have been opened to traffic, and 95 new bus lines have been optimized, making our city the first batch of national transit metropolis demonstration cities. In 2001, the number of public transport passengers was 1.505 billion, of which 408 million were rail transit passengers, up by 15.9%. Eight urban parks, such as Beining and Tianjin Bay, were newly built and upgraded, and Shuixi Park, the largest urban park in the city, was opened. Newly built and renovated 375 public toilets. By the end of the year, the city’s highway mileage was 16,257 kilometers, including 1,262 kilometers of expressways.

　　The development of public utilities has achieved practical results.Complete the transformation of the old water-gas heating pipe network for 230 kilometers, implement the energy-saving transformation of existing residential buildings of 2.08 million square meters and the heating metering and energy-saving transformation of existing public buildings of 1.71 million square meters, and start the central heating ahead of schedule for the third consecutive year. The construction of sponge city and underground pipe gallery continued to advance, and the PPP project of sponge city in Jiefang South Road started. The electricity consumption of the whole society is 86.144 billion kWh, of which the domestic electricity consumption of urban and rural residents is 11.162 billion kWh.

　　XII. Education, Science and Technology

　　Education has developed steadily.112 kindergartens were newly built, rebuilt and expanded, and the third round of modernization standard construction of 300 compulsory education schools was completed. Our city became the first batch of pilot cities for comprehensive reform of "three-round education". By the end of the year, there were 56 ordinary colleges and universities, 92 secondary vocational education schools, 536 ordinary middle schools and 879 primary schools in the city. In the whole year, there were 24,800 graduate students, 68,100 students and 17,200 graduates. Ordinary colleges and universities enrolled 152,700 students, 523,300 students and 138,800 graduates. Secondary vocational education schools enrolled 34,500 students, 112,200 students and 37,700 graduates. Ordinary middle schools enrolled 146,100 students, 440,100 students and 129,400 graduates. There are 127,300 primary school students, 673,200 students and 98,900 graduates. There are 2,223 kindergartens with 262,900 children.

　　The innovation-driven strategy was implemented in depth.Successfully held the second World Intelligence Conference. Comprehensive innovation and reform will be deepened, national independent innovation demonstration zones will be built with high standards, a number of advanced manufacturing industry technology research institutes will be accelerated, and the construction of high-end think tanks such as China Engineering Science and Technology Development Strategy Research Institute and China New Generation Artificial Intelligence Development Strategy Research Institute will be promoted. Eight scientific and technological achievements in the city won the national science and technology awards, including one international cooperation award, one natural invention award and six scientific and technological progress awards. There are 2,331 municipal scientific and technological achievements registered, of which 94 belong to the international leading level and 262 reach the international advanced level. The prototype of "Tianhe-3" was successfully developed, and the 12-inch semiconductor silicon single crystal broke the international monopoly, and the diving depth of the underwater glider reached a new high. There are 5038 national high-tech enterprises, 55 leading enterprises in science and technology, and 279 new municipal "killer" and key new products. Start the construction of municipal technology innovation centers, newly put on record 25 municipal innovation spaces, and newly identified 24 municipal engineering technology research centers and 8 municipal science and technology business incubators. 99,000 patent applications were accepted throughout the year; There were 54,700 patents authorized, including 5,626 invention patents; At the end of the year, there were 168,900 valid patents, including 32,100 invention patents. At the end of the year, there were 13 national key laboratories, 12 national engineering (technology) research centers and 61 national enterprise technology centers in the city. In 2001, 11,315 technical contracts were signed, with a contract turnover of 72.5 billion yuan, an increase of 10.2%;The technology transaction volume was 55.3 billion yuan, an increase of 11.3%.

　　The pace of talent introduction has obviously accelerated.The action plan of "Haihe Talents" introduced 133,000 talents, including 47,000 skilled and qualified talents, and a group of top leading talents and high-level talents in urgent need gathered in Tianjin. There are 37 academicians in Tianjin, 10 new postdoctoral workstations, 339 postdoctoral mobile stations and workstations at the end of the year, and 394 new postdoctoral fellows.

　　XIII. Health, Culture and Sports

　　The level of public health services continued to improve.The pattern of graded diagnosis and treatment has basically taken shape. All secondary and tertiary hospitals and grass-roots medical and health institutions in the city have participated in the construction of medical associations and set up 10 professional specialist medical associations. The "Tianjin Health Sports Cloud Platform" was launched to dynamically monitor the physical condition of citizens. The contract service of family doctors was further improved, with 43,000 disabled elderly people signing contracts and 225,000 home visits. By the end of the year, there were 5,686 health institutions in the city. There are 566 hospitals and health centers. There are 68,200 beds in health institutions, including 64,600 in hospitals and health centers. There are 104,400 health technicians, including 43,000 licensed (assistant) doctors and 39,400 registered nurses.

　　Cultural undertakings have developed rapidly.Vigorously implement the project of benefiting the people through culture, hold the third citizens’ culture and art festival, and issue more than 20,000 citizens’ lifelong learning cards. A series of cultural activities were launched to celebrate the 40th anniversary of reform and opening up, and the TV series "Changed the World" was broadcasted nationwide. There are 100 district-level public libraries, 900 grass-roots service points, 464 exhibitions and 8.99 million visitors. By the end of the year, there were 103 performing arts groups, 17 cultural centers, 65 museums, 29 public libraries and 244 comprehensive cultural stations in towns and villages. There are 101 cinemas in the city, with 684 screens and more than 100,000 seats. In the whole year, the box office revenue of urban movies was 882 million yuan (including service fees), with more than 1.3 million screenings and more than 25 million people watching movies. In 2001, 92 million books, 26.92 million magazines and 321 million newspapers were published.

　　Excellent achievements in sports.In 2018, our athletes won 35 gold medals in domestic high-level competitions and 14 gold medals in international high-level competitions, including 7 gold medals, 6 silver medals and 3 bronze medals in the Asian Games in Jakarta. Tianjin women’s volleyball team won the national league championship for the 11th time. The national fitness program is rich and active, with 50,000 sports Huimin cards issued, and more than 1,200 fitness parks, fitness squares and sports parks built and renovated, and the 14th Tianjin Games was successfully held.

　　XIV. Population, Employment and People’s Life

　　The resident population increased slightly.By the end of 2018, the permanent population of the city was 15.596 million, an increase of 27,300 over the end of last year. Among them, there are 4,990,100 migrants, accounting for 32.0% of the city’s permanent population. Among the permanent residents, the urban population is 12,968,100, and the urbanization rate is 83.15%. The birth rate of permanent residents is 6.67‰, the death rate is 5.42‰, and the natural growth rate is 1.25‰. At the end of the year, the registered population of the city was 10,816,300.

　　The quality of employment has been further improved.We will implement 22 policies to promote college students’ entrepreneurship and employment, properly resettle and resolve employees of enterprises with excess capacity, and ensure that at least one person from zero-employment families and low-income families will achieve employment. The city will create 490,000 new jobs, and the registered urban unemployment rate will be 3.5% at the end of the year. By the end of the year, there were 8,965,600 employed people in the whole society. Among them, the number of migrant workers was 3,597,800, an increase of 16,000; The urban employed population was 7,142,100, an increase of 41,000. There are 600,700 employees in the primary industry, 2,850,200 employees in the secondary industry and 5,514,700 employees in the tertiary industry.

　　Residents’ income and expenditure grew steadily.Implement 17 measures to increase income. The per capita disposable income of residents in the city was 39,506 yuan, an increase of 6.7%. According to the place of permanent residence, the per capita disposable income of urban residents was 42,976 yuan, an increase of 6.7%; The per capita disposable income of rural residents was 23,065 yuan, an increase of 6.0%. The per capita consumption expenditure of residents in the city was 29,903 yuan, up by 7.4%, of which the expenditure on education, culture and entertainment, transportation and communication, and medical care increased by 18.4%, 14.3% and 12.0% respectively.

　　XV. Social Security and Social Assistance

　　The social security system has been continuously improved.Improve the unemployment insurance benefits standard, the basic pension subsidy standard for urban and rural residents, and the living allowance standard for the elderly in urban and rural areas, promote the expansion of medical insurance, and substantially increase the reimbursement limit for outpatient and emergency services of basic medical insurance. By the end of the year, the number of people participating in basic medical insurance in the city was 11,167,200, an increase of 282,700 over the end of last year; The number of people participating in basic old-age insurance was 8,443,100, an increase of 324,900; The number of people participating in industrial injury insurance for urban workers was 3,985,200, an increase of 31,900; 3,234,400 people participated in unemployment insurance for urban workers, an increase of 121,400; The number of people participating in maternity insurance for urban workers was 3,304,200, an increase of 334,700. 20,000 sets of affordable housing were built, 570,000 square meters of shantytown renovation was completed, and 1,300 blocks and 40 million square meters of old residential areas and distant housing were upgraded, benefiting 650,000 families. There are 5,000 dilapidated houses in rural areas, and a total of 30,000 poor peasant families live in peace and warmth.

　　The level of social assistance services continued to improve.We will improve the standards of urban and rural subsistence allowances, assistance to low-income families, special hardship support, and pensions for special care recipients, and build 30 day care centers for the elderly, covering more than 95% of old-age care institutions with the combination of medical care and nursing. By the end of the year, there were 1,301 day care service centers (stations) for the elderly in the city with 10,000 beds; There are 142,500 low-income residents in the city, 12 rescue stations and 7,656 rescue services. Social service organizations providing accommodation have 53,300 beds, and various service organizations adopted 31,800 people at the end of the year. In the whole year, 299,600 people participated in the basic medical insurance, 726,600 people received direct medical assistance, and the medical assistance fund expenditure was 646 million yuan. Subsidies for water, electricity and gas were distributed to 62,000 eligible disabled people.

　　Sixteen, poverty alleviation and ecological environmental protection

　　Accurate poverty alleviation has been further promoted.Strengthen the city’s difficult villages to help each other, arrange 1,000 difficult villages to develop economic support funds of 1.12 billion yuan, and distribute rental subsidies to 148,000 low-and middle-income families with housing difficulties. We formulated and implemented a three-year action plan to promote poverty alleviation cooperation and counterpart support between the east and the west in our city, arranged a budget of 2.57 billion yuan for counterpart support to provinces and cities in full, solidly promoted counterpart assistance to 82 counties (cities, districts), implemented 842 assistance projects, selected more than 1,100 cadres and talents, helped 20,000 poor people to achieve employment and income increase, and helped 10 poor counties to take the lead in getting rid of poverty.

　　Pollution prevention and control has achieved remarkable results.The first batch of red lines for ecological protection in China was delineated, and a red line was realized to control the ecological space. Actively implement environmental protection work such as coal to electricity and coal to gas, with a total investment of more than 30 billion yuan, involving 1.213 million households. Between the central city and Binhai New Area, 736 square kilometers of "double cities with green" ecological barrier is planned to be built, and 7,400 mu of greening task in the starting area is completed. The city added 380,000 mu of afforestation and 15 million square meters of newly-built green space. In-depth implementation of the "1+4" plan for wetland nature reserves will comprehensively upgrade and protect 875 square kilometers of wetlands such as Qilihai, Beidagang, Tuanbo and Dahuangbao. The air quality has obviously improved. The average annual concentration of PM2.5 in the city is 52 μ g/m3, down by 16.1% compared with the previous year, and the number of days of heavy pollution has decreased by 13 days compared with the previous year, the best level since monitoring in 2013. The proportion of surface water inferior to Grade V decreased by 15 percentage points over the previous year.

Note: 1. All data in this bulletin are preliminary statistics.

　　2. The absolute figures of the city’s GDP and the added value of various industries are calculated at current prices, and the growth rate is calculated at constant prices. According to the results of the third national agricultural census, the historical data of the city’s GDP and the proportion of added value of the three industries were revised.

　　3. Industrial enterprises above designated size refer to all corporate industrial enterprises with annual main business income of 20 million yuan or more.

　　4. Service enterprises above designated size refer to transportation, warehousing and postal services, information transmission, software and information technology services, real estate (excluding real estate development and operation), leasing and business services, scientific research and technical services, water conservancy, environment and public facilities management, education, health and social work legal entities with annual business income of 10 million yuan or more; Residents’ service, repair and other service industries, cultural, sports and entertainment legal entities with annual business income of 5 million yuan or more, or employees of 50 or more at the end of the year.

　　5. Wholesale enterprises above designated size refer to wholesale enterprises with annual main business income of 20 million yuan or more; Retail enterprises above designated size refer to retail enterprises with annual main business income of 5 million yuan or more; Accommodation and catering enterprises above designated size refer to accommodation and catering enterprises with annual main business income of 2 million yuan or more.

　　6. According to the results of the third national agricultural census and relevant regulations, the base of total retail sales of social consumer goods in 2017 will be revised, and the growth rate in 2018 will be calculated according to comparable caliber.

　　7. The statistical scope of fixed assets investment (excluding farmers) covers the investment in fixed assets projects and all real estate development projects with a planned total investment of 5 million yuan or more.

　　8. The total telecom business is calculated at 2015 prices.

　　9. The total business volume of the postal industry is calculated at 2010 prices.

　　Source:

　　The financial data in this bulletin comes from Tianjin Finance Bureau; The registration data of market entities comes from Tianjin Municipal Market Supervision and Management Committee; Transportation data comes from Tianjin Transportation Committee; Motor vehicle data comes from Tianjin Public Security Traffic Management Bureau; Postal data comes from Tianjin Postal Administration; Telecom data comes from Tianjin Communications Administration; Culture and tourism data come from Tianjin Culture and Tourism Bureau; Data of deposits and loans come from Tianjin Branch of China People’s Bank; The data of listed companies come from Tianjin Financial Work Bureau; Securities and futures data come from Tianjin Supervision Bureau of China Securities Regulatory Commission; Insurance data comes from Tianjin Supervision Bureau of Bank of China Insurance Regulatory Commission; Data on the utilization of foreign capital, overseas investment, foreign contracted projects and foreign labor cooperation come from Tianjin Municipal Bureau of Commerce. Import and export data from Tianjin Customs; Using domestic data from Tianjin Municipal People’s Government Cooperation and Exchange Office; Electricity consumption data comes from Tianjin Electric Power Company; Education data comes from Tianjin Education Commission; Scientific and technological innovation data comes from Tianjin Science and Technology Bureau; Patent data comes from Tianjin Intellectual Property Office; The data of talents, new employment and social security come from Tianjin Human Resources and Social Security Bureau. Medical insurance data comes from Tianjin Medical Security Bureau; Medical and health data come from Tianjin Health and Wellness Committee; Sports data comes from Tianjin Sports Bureau; The data of registered population comes from Tianjin Public Security Bureau; The data of social assistance service comes from Tianjin Civil Affairs Bureau; Environmental protection data comes from Tianjin Ecological Environment Bureau; Other data come from Tianjin Municipal Bureau of Statistics and Tianjin Investigation Corps of National Bureau of Statistics.

　　

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　　The Greek debt crisis deteriorated sharply after the 2015 general election, which triggered a "frenzy" of domestic runs. The picture shows that on July 2, 2015, the people of Athens lined up in front of the cash machine to withdraw money.

　　Our reporter Han Bingzhen photo

　　Brexit, Trump’s victory, Italy’s failed constitutional referendum, and the rise of populism and protectionism in Europe and America … … A series of dazzling events have exposed various drawbacks of the democratic model advertised by the west, such as partisan disputes, civil strife, mutual strife, social tears and so on. Western-style democracy, with election politics and multi-party competition politics as its core, has been unable to coordinate various social forces and has increasingly lost its function of providing protection for the future development of the country. As william jones, president of the Washington branch of Global Strategic Information magazine, said, "Western democracy is not shrinking, but collapsing, and it has been going on for quite a long time."

　　Party struggles continue.

　　Struggle for power and gain and get rid of the masses.

　　Become a tool of interest groups

　　Western party politics is characterized by multi-party competition. In western party politics, political parties are political organizations that carry out activities around seizing, maintaining and participating in political power. The game between political parties around power is the normal state of western party politics. As western political parties are increasingly divorced from the masses and become political tools of a few vested interests, this game is often at the expense of national interests.

　　In the 2016 US presidential election, Democratic candidate Hillary Clinton and Republican candidate Trump attacked each other without scruple in order to win the election, and the issues that the people really care about became a foil. Hillary called Trump a "madman" and Trump threatened: "If I am elected, I will order the Attorney General to appoint a special prosecutor to investigate you and send you to prison!"

　　Wit Ayers, chairman of the North Star Poll Research Institute in the United States, told this reporter that Hillary and Trump attacked each other "mainly in personality, scandals, etc., but lacked depth in policy." This tit-for-tat between the two men is not from justice, nor from mutual hatred, but only to serve the election on behalf of their respective parties. Analysts believe that the American people have long lost trust in the two parties taking turns to sit in the village, and the "election show" aims to attract more people’s attention. Sure enough, Trump immediately denied that he would sue Hillary after winning the election.

　　On the evening of January 19, 2018, the US Senate failed to pass the provisional appropriation bill of the federal government, and the non-core departments of the federal government were forced to close from 0: 00 on January 20. In less than a month, the government closed the door twice, which became another farce caused by the "donkey-elephant dispute". According to American media analysis, the closure of federal government agencies will have a wide impact on society and economy, with a daily loss of about 6.5 billion US dollars.

　　The reason why the Democratic Party and the Republican Party refuse to compromise is not the appropriation itself, but the private goods entrained in the appropriation bill — — "Deferred repatriation of children who arrived in the United States" bill and other issues. The "Deferred Repatriation of Children Arriving in the United States" bill was signed and implemented by former President Barack Obama in 2012, but was abolished by Trump in September 2017.

　　According to statistics, since 1977, the United States federal government departments have been partially closed for more than 10 times, as short as one day and as long as several weeks, with an average of once in each presidential term.

　　It took more than five months after the German election to form a successful cabinet, which was also caused by party interests. In September 2017, the Coalition Party and the Social Democratic Party, which were jointly in power, ranked first and second in the German general election, but their votes dropped sharply from the previous general election. The Social Democratic Party believes that being in power together with the Coalition Party is the main reason for the decline in its vote rate, so it resolutely refuses to form a joint cabinet again. The Coalition party tried to form a cabinet with the Liberal Democratic Party and the Green Party, but it ended up with an uneven distribution of interests.

　　Finally, German President Steinmeier came forward to mediate and let the Coalition party and the Social Democratic Party resume negotiations. After new bargaining, the two sides finally reached an agreement to form a joint cabinet, but the credibility of both parties was hit hard. Borotman, chairman of the German Machinery and Equipment Manufacturing Federation, publicly stated that the formation of the German cabinet was "each with his own thoughts, listless and uninspired". Eugen Unz, editor-in-chief of Berlin Daily, pointed out that the deadlock in the formation of the cabinet shows the extremely narrow consensus space between the parties. For Germany, an industrial power and a European power, "this formation process is really a long joke."

　　Fighting among themselves.

　　There is intrigue among politicians.

　　Put the interests of the people behind you.

　　The phenomenon of "abandoning politics for business and entering politics from business" often appears in western political circles, which gives people the impression that politics has become more civilian. In fact, the former is often a political reward given to businessmen under the transaction of power and money, and the core is their own interests. Once the interests are damaged, politicians will not hesitate to tear their faces. If there is still a little ideological struggle in the party struggle, there are only naked interests behind the intra-party struggle.

　　In September 2014, although the then British Prime Minister David Cameron did not support Brexit, he launched the "Brexit referendum" to fulfill his campaign promise. However, his old colleague, former mayor of London, chose to "rebel" and joined forces with iain duncan smith, the minister for the aged, to form the Conservative Party "Brexit", which caused a split within the ruling party.

　　In an interview with The Sunday Times, a British Conservative MP who supported Brexit even made an explicit statement: "I don’t want to stab Cameron from behind, because I want to stab him from the front, so I can see the expression on his face when he is stabbed … …” A referendum on the future fate of the country turned out to be a tool for venting personal grievances.

　　It is widely speculated in British public opinion that Johnson set off an infighting "the meaning of drunkenness is not wine" in order to seize the throne of the Prime Minister. After the referendum, Johnson took the post of Foreign Minister, but on the issue of how to leave the European Union, he still strongly disagreed with Prime Minister Theresa May, and it is likely to continue to force the palace.

　　Coincidentally, in December 2016, Renzi, then Italian Prime Minister and General Secretary of the Democratic Party, announced his resignation after his failed constitutional referendum. Not only did the opposition party sing a triumphant song, but the "minority" in the party led by former Prime Minister D ‘Alema and former General Secretary Belsani also sang and danced. According to statistics, the "minority" of the Democratic Party "contributed" at least 10% of the votes to the opposition party in the referendum, otherwise the result of the constitutional referendum may be completely different.

　　The "minority" did this mainly because of their personal dissatisfaction with Renzi and their fear of losing their vested interests. After Renzi became the general secretary of the Democratic Party in December 2013, he vigorously promoted the young people in the Party, and the right to speak of Belsani and other party elders was weakened. After he became prime minister, he made drastic reforms, which also touched the "cheese" of many party elders. The revision of the Labor Law made the two sides "meet each other at war" in the parliament, which led to a de facto division within the Democratic Party.

　　According to media reports, during the re-election of the European Commission in 2014, Italy took the rotating presidency of the Council of the European Union. D ‘Alema was active at that time and hoped to become the EU’s High Representative for Foreign Affairs and Security Policy. However, Renzi insisted on nominating Mogherini, then Italian Foreign Minister, which led to D ‘Alema’s "killing" back to politics as an enemy.

　　The Italian "Evening Post" mercilessly criticized the split of the Democratic Party, bluntly saying that "this split is irresponsible!" Both parties are evading their responsibilities in the process of infighting, and even Renzi had the opportunity to avoid division. The uncertainty brought by the split of the ruling party to Italian politics "will undoubtedly make the supporters of the Democratic Party feel painful and confused".

　　Political polarization

　　The decline of western governance system

　　Leading to the rise of extremist forces

　　The real democratic model should allow all social forces to negotiate in order to reach compromise and balance, instead of playing a zero-sum game with the goal of overwhelming and defeating each other. The constant polarization of western party politics makes the possibility of compromise smaller and smaller, so that the negotiation of different forces has become an either-or struggle. The traditional political parties are deeply mired in this vicious struggle, and have no time to take care of the future development of the country, which makes the people hate it, but also provides favorable conditions for the development of extremism and populism.

　　On March 5, 2018, the results of the Italian general election were announced, and the populist party "Five-Star Movement" became the biggest winner, becoming the largest party in parliament with nearly 33% of the votes. The far-right party Alliance Party defeated the Italian Kadima Party of Silvio Berlusconi, the leader of the center-right alliance, with more than 17% of the votes. At that time, "‘ Five-star sports ’ The fear that the Coalition with the Coalition party will completely split the EU has spread to the whole of Europe.

　　Why can the "five-star movement" win the election? Analysts pointed out that Italy’s current economic growth is weak, the gap between the rich and the poor is wide, and the unemployment of young people is serious. The existing political parties have no effective countermeasures for developing the economy and improving people’s livelihood except fighting. The "Five-Star Movement" aimed at traditional political forces and stormed with full firepower, winning the favor of a large number of voters, especially young voters. The Coalition party is anti-European and anti-immigrant. In the general election, it followed the example of US President Trump and put forward the slogan of "Italy first", which also successfully took away the right to speak of the center-right alliance.

　　Earlier, the French far-right party "National Front" won eight seats in the French parliamentary elections, and its leader Le Pen was elected as a member for the first time. In the German general election, both the traditional big-party Coalition Party and the Social Democratic Party hit record lows, while the right-wing party, the German Choice Party, with slogans of anti-EU and anti-refugees, jumped to become the third largest party in the Federal Parliament with 13% of the votes. In Austria, the far-right party Liberal Party and the center-right People’s Party formed an alliance to form a cabinet, which was regarded by the French newspaper Liberation as "the latest harvest of the expansion of right-wing forces in Europe". Belgium’s "Standard" also bluntly said that more than a quarter of voters were attracted by the political platform of the Liberal Party, which proved that right-wing populism had returned to Austria’s "mainstream society".

　　At present, the biggest threat to western democracy is that the democratic system fails to meet the basic needs of the people, thus giving birth to the political trend of "de-moralization". William jones, president of the Washington branch of Global Strategic Information magazine in the United States, told this reporter: "Most voters think that no one in the government is fighting for them, which makes the willingness to vote declining. Even if they vote, they are more inclined to make choices with anti-establishment protest thinking."

　　Election alienation

　　Everything is for the election.

　　Loose promises and willful decisions

　　Western democratic theory claims that only by implementing a competitive political party system, through the choice of public opinion and the game of political parties, can an ideal ruling party and leader be produced. However, today’s western political parties have been kidnapped by votes. In order to win more votes, candidates try their best to please voters. Once elected, their promises will become a dead letter. Ruling leaders often "bet" on their power games through early elections or referendums.

　　Cameron’s wishful thinking when he decided to hold a referendum on Brexit was that the referendum could not pass anyway. He could use the referendum to attack the opposition party, consolidate his power, and take the opportunity to blackmail the EU. However, it is undoubtedly a reckless political gamble to hand over a major political issue involving the future and destiny of the country to ordinary voters who have insufficient and unbalanced access to information and are easily confused by immediate interests. With the unexpected victory of "Brexit", Cameron, a politician who lacks responsibility and responsibility, has to bid farewell to politics.

　　In order to win the referendum on Brexit, Conservative politicians, represented by Smith, concocted false statements such as "Britain pays 350 million pounds to the EU every week, and the money can be used for the national medical system after leaving the EU". After Brexit was a foregone conclusion, people discovered that the cost of Brexit was far higher than expected. Polls show that most people regret Brexit and hope to reverse the Brexit process. Politicians’ disregard for national interests has brought Britain into a period of confusion.

　　Renzi initiated Italy’s constitutional referendum, which also wanted to expand government power and clear the way for the next political and economic reform. Italy’s provincial administrative divisions and the Italian Economic and Work Committee, which are planned to be abolished, have long been criticized by the public. The opposition party, however, was wily and successfully diverted the attention of voters with the phrase "Renzi’s constitutional amendment is to want dictatorship".

　　In his resignation speech, Renzi said that Italian politics was originally a stage where feng shui turns, and it doesn’t matter whether you win or lose. "Everything will be the same after every election." But he still wants to speak out, because he wanted to do something for the future of Italy. Because there were too many chairs to be removed in the reform, "only my chair was removed".

　　The opposition parties in western countries take advantage of people’s dissatisfaction and oppose it for the sake of opposition, which can gather a lot of popularity in a short time. When they change from the opposition party to the ruling party, the people will find that everything is just a castle in the air.

　　As an opposition party, the Radical Left Alliance led by Greek Prime Minister Tsipras repeatedly attacked the government led by former Prime Minister samaras in Parliament, and promised to end austerity after taking office. Now the austerity policy implemented by Greece is even worse than before — — Of course, if Tsipras repeats the mistakes of previous governments, regardless of the actual situation, writing empty promises and expanding welfare, the future life of the Greek people will be even more difficult.

　　In the local elections in Italy in 2016, Raj, the candidate of "Five-Star Movement", won with the slogan of anti-corruption and anti-gang. However, shortly after entering the municipal government, many officials appointed by her were found to be suspected of corruption, and even she herself was summoned by the prosecution for investigation.

　　"Nowadays, the disadvantages of the western political system are becoming more and more obvious. The people are disappointed with the traditional political parties, and the new political parties have no ruling experience. Most of them can only get support by shouting slogans and inciting populism, and they cannot actually solve the problem." Alexander Lomanov, chief researcher of the Far East Institute of Russian Academy of Sciences, believes that the new political party system in China has strong practical significance compared with the present situation of western society.

　　(Reporter Han Bingzhen, Zhang Niansheng, Zhang Penghui, Hu Zexi, Xu Liqun, Qiang Wei, Feng Xueyu, Zhang Lei)

　　Cartography: Cai Huawei

　　On the morning of July 17th, the State Council Press Office held a press conference to introduce the national economy in the first half of 2023 and answer questions from reporters.

　　Fu Linghui, spokesman of the National Bureau of Statistics, said that in the first half of this year, the overall economic recovery in China improved, and the overall economic operation showed a good trend of recovery. With the economy and society fully returning to normal operation, the main indicators have generally improved, new kinetic energy has grown stronger, the quality of development has steadily improved, and people’s lives have continued to improve, laying a solid foundation for achieving the expected goals of economic and social development throughout the year.

　　From the next stage, although the external environment is becoming more complicated and severe, and the domestic economic development is also under pressure, the fundamentals of China’s long-term economic improvement have not changed, and the characteristics of strong resilience, great potential and full vitality have not changed, and the conditions for supporting high-quality development have not changed. With the accumulation of positive factors promoting development, the economy is expected to continue to recover.

　　First, the pull of consumption continues to increase. Since the beginning of this year, all aspects have actively resumed and expanded consumption, and the consumption potential has been gradually released, which has significantly enhanced the impetus to economic growth and played an important role in promoting economic recovery. In the first half of the year, the contribution rate of final consumption expenditure growth to economic growth reached 77.2%, which was significantly higher than that of last year. In the next stage, the employment situation will continue to improve, and residents’ income will continue to increase, which will help to promote residents’ consumption ability and willingness. At the same time, promoting the sales of new energy vehicles and green smart home appliances will be effective, which will help to expand consumption and promote economic recovery.

　　Second, the service industry is developing well. With the full recovery of normal operation of the economy and society, the growth of the service industry has obviously accelerated, especially the contact service industries such as wholesale and retail, accommodation and catering, and transportation have rebounded significantly, contributing to economic growth. The contribution rate of service industry growth to economic growth in the first half of the year exceeded 60%. In the next stage, the consumer demand for services such as cultural tourism, fitness and sports will be released faster, and the productive demand for R&D, design and business exhibitions will increase, which will drive the service industry to maintain rapid growth and help the economy run stably. Judging from the business activity index of service industry, the business activity index of service industry was 52.8% in June, which was in the boom zone for six consecutive months.

　　Third, new kinetic energy has developed and grown. China has deeply implemented the innovation-driven development strategy and strengthened its strategic scientific and technological strength. Modern information technology, artificial intelligence, big data and other technologies are widely used, and innovative achievements are constantly emerging, and new industries and new products are growing well. Since the beginning of this year, the domestic large aircraft C919 has completed its first commercial flight, the world’s first 16 MW offshore wind turbine has been hoisted, and scientific and technological innovation has continued to empower high-quality development. We should also see that the consumption growth of smart products has also continued to increase, which has also driven the growth of related manufacturing industries. In the first half of the year, the added value of smart consumer equipment manufacturing industry increased by 12% year-on-year. At the same time, around the project of overcoming the "bottleneck", the manufacturing industry of semiconductor-related industries grew rapidly in the first half of the year, and the added value of the manufacturing industry of special equipment for semiconductor devices increased by 30.9%. In terms of products, some new materials and intelligent products grew rapidly. In the first half of the year, the output of aerospace aluminum, industrial control computers and systems increased by 23.3% and 34.1% respectively. The continuous enhancement of innovation kinetic energy in the next stage will inject new impetus into economic development.

　　Fourth, the effectiveness of green transformation has emerged. The pace of green energy development has been accelerated, green production and lifestyle have been accelerated, and the synergistic development effect of green transformation and economic growth has been constantly emerging. In the first half of the year, the output of new energy products such as new energy vehicles, solar cells and charging piles increased by 35%, 54.5% and 53.1% respectively, and the export of "new three products" represented by lithium batteries, solar cells and electric manned vehicles increased by 61.6%. In the next stage, green development is full of kinetic energy, which will help the transformation of kinetic energy of economic growth while promoting the quality improvement of economic development.

　　Generally speaking, since the beginning of this year, China’s economy has gradually got rid of the impact of the epidemic and returned to the normal operation track, showing a good recovery trend. From the perspective of the whole year, despite the pressure and challenges, with the improvement of employment, the increase of residents’ income, the gradual strengthening of domestic demand, the optimization and adjustment of supply structure, and the growth of new kinetic energy, the economy will recover steadily and the quality of development will continue to improve. Therefore, we are fully confident, qualified and capable of accomplishing the expected goals and tasks of economic and social development throughout the year.

　 　　Xinhua News Agency, Beijing, May 29-The Democratic and Republican parties in the United States have been fighting over the federal government debt ceiling for several months, which has caused the financial market to continue to be under pressure. The two sides announced a preliminary agreement on this issue on the evening of 27th, which seems to bring positive signals to the market. However, according to some media and industry insiders, once the deadlock on the debt ceiling is temporarily resolved, it will be followed by further large-scale borrowing by the US government, which may bring instability to the financial industry.

　　US President joseph robinette, Democrat, Speaker of the House of Representatives and Republican Kevin McCarthy announced on the evening of 27th that they had reached an agreement in principle on the federal government debt ceiling, breaking the deadlock between the two parties that lasted for several months.

　　On May 24th, traders worked in the trading floor of new york Stock Exchange. Xinhua News Agency (photo by Guo Ke)

　　Reuters analyzed on 28th that this agreement "may avoid a debt default that undermines economic stability", and this effect of "ending uncertainty" is welcomed by financial markets. However, the agreement may only make investors "temporarily excited", and the market "may soon discover" that this is actually "bad news".

　　According to Reuters’s analysis, once the debt ceiling agreement is reached, the U.S. Treasury is expected to issue a large number of bonds in a short time to "quickly fill the void in the national treasury", which will "suck hundreds of billions of dollars from the market".

　　The Bank of JPMorgan Chase recently estimated that the US Treasury may issue Treasury bills with a total amount of nearly $1.1 trillion within seven months after the federal government debt ceiling is raised.

　　Reuters also explained that if the US government issues bonds on a large scale in the short term and implements the current high interest rate, it may attract a large amount of funds originally invested in other targets or stored in banks. This will not only aggravate the recent widespread problem of deposit outflow in the banking industry, but also make banks face greater liquidity pressure. It may also push up the interest rates of short-term loans and bonds, and further increase the financing costs of enterprises already under pressure in the high interest rate environment.

　　This is a US dollar bill photographed in Washington, USA on March 23rd, 2020. Xinhua News Agency reporter Liu Jie photo

　　Terry Ouizman, global foreign exchange and interest rate strategist of Macquarie Group, Australia, said that the market "has raised the expectation that the US Treasury will issue a large number of bonds in the next few weeks to replenish its own funds", which is "an unsolved problem" in the debt ceiling agreement.

　　According to the estimation of analysts of BNP Paribas, before the end of September this year, the scale of funds flowing from bank deposits and other aspects to US Treasury bills may reach about 800 billion US dollars.

　　Mike Wilson, an investment strategist at Morgan Stanley in the United States, said that the issuance of treasury bonds by the US Treasury Department "will significantly absorb market liquidity".

　　Alex Leonard, head of the investment department of ruffer, a British investment management company, said: "We are worried that if the financial system starts to lose liquidity, it will lead to environmental deterioration and the market will easily collapse."

　　Daniel Critter, an executive of Capital Markets Company of Bank of Montreal, Canada, said that the exhaustion of bank liquidity "may have a more significant impact on risky assets, especially at a time when the uncertainty of the financial industry has increased".

　　This is a street sign taken outside the new york Stock Exchange on January 18th, 2022. Xinhua News Agency (photo by Guo Ke)

　　Due to the long-term fiscal deficit, the federal government of the United States needs to continuously raise the debt ceiling set by Congress, which is currently $31.4 trillion. The United States hit the debt ceiling on January 19 this year, and the Ministry of Finance subsequently took "unconventional measures" to avoid debt default. Finance Minister janet yellen warned that the relevant measures may only last until the beginning of June.

　　According to the statistics of the relevant departments of the US Congress, Congress has adjusted the debt ceiling 102 times since the Second World War. The struggle between the two parties has intensified in recent years, and the debt ceiling negotiations have been constantly wrangling, leading to chaos such as market turmoil and government lockout.

　　The debt ceiling agreement announced by Biden and McCarthy still needs the approval of the Senate and House of Representatives. Due to the serious differences between the two parties on the agreement, it is still challenging to complete the legislative process as scheduled before the federal government defaults on its debts. (Gao Jie)

　　Cctv newsAccording to the State Commission for Discipline Inspection of the Central Commission for Discipline Inspection, recently, the Commission for Discipline Inspection of Heilongjiang Province carried out the task of key rectification of the theme education of the provincial party committee, and carried out in-depth special rectification work on the problem of "difficult work" for market players and the masses. In order to continuously release the strong signal that discipline must be strict and discipline violations must be investigated, and strengthen the deterrent effect of warning education, eight typical cases in administrative examination and approval, government services and administrative law enforcement since the special rectification work was carried out are reported as follows:

　　First, Zhao Tongfu, the former chief of the intermediary management unit of Baoqing County Housing Comprehensive Service Center, undermined the environmental problems of administrative examination and approval.From 2021 to 2022, Zhao Tongfu took advantage of his position to accept the entrustment of others, instructed his subordinates to file false commercial housing sales contracts to help 18 students choose schools and accept money of 170,500 yuan from others. Later, 98,000 yuan was returned because nine of the students failed the school verification. Zhao Tongfu also has other serious violations of discipline and law. He was expelled from the party and public office, and the suspected crimes were transferred to the judicial organs for legal treatment.

　　Second, Mou Lichen, the chief of the Vocational Adult Education and Private Education Management Unit of Tangyuan County Education Bureau, undermined the environmental problems of administrative examination and approval.In the second half of 2020, Mou Lichen discovered in his work that a training institution in Tangyuan County had changed its business address without approval, and immediately called the operator of the training institution to go through the examination and approval procedures. At the same time, he deliberately delayed the examination and approval procedures on the grounds that the area of the training institution’s business premises was not up to standard. In April, 2021, after receiving liquor, milk and shopping cards worth RMB 1,000 from the operator, Mou Lichen went through the business address change procedures that month. In May 2023, Mou Lichen was punished by warnings within the party, and the income from violation of discipline was returned.

　　Third, Wu Duanhong, a staff member of the household administration window of the government affairs service hall in Daqingshan County, damaged the government affairs service environment.In November, 2022, Wu Duanhong violated the job requirements, and his language was rude and his attitude was bad and rude to the people who came to apply for identity cards, which caused adverse effects among the people. In March 2023, Wu Duanhong was punished by government warning.

　　4. Wu Dongbo, the former director of the Administrative Examination and Approval Center of Mingshui County Transportation Bureau, and Li Hongying, the window staff, damaged the government service environment.In August, 2022, when Wu Dongbo handled the road freight transport license for the masses, he let Li Hongying, a window staff member under his subordinates, prevaricate to handle the masses under the pretext of network failure and waiting for the approval of his superiors, so that the masses went back and forth to the service window many times. During this period, Wu Dongbo failed to supervise his subordinates, Li Hongying was tardy and inefficient, and the two of them treated the masses with a blunt tone and an arrogant attitude, which had a very bad influence. In April, 2023, Wu Dongbo was punished by the party, and Li Hongying was punished by the government.

　　5. Wang Zihan, a member of the Engineering Quality and Safety Service Center of Jiagedaqi District Housing and Construction Bureau in Daxing ‘anling Region, damaged the government service environment.In March, 2022, Wang Zihan did not report the situation to the leaders in time and did not deal with it according to the procedures after receiving the 12345 government hotline. He was negligent in his work, shelved and forgot the situation, and failed to deal with the people’s complaints in time according to the regulations, resulting in adverse social impact. In April, 2023, Wang Zihan was given a government warning.

　　Six, Sun Wu County Agricultural Comprehensive Administrative Law Enforcement Brigade, the former deputy head of the Lv Zhaocai destruction of administrative law enforcement environment.From August 2019 to November 2021, Lu Zhaocai took advantage of his position to accept the entrustment of others, and took the form of impersonation in the name of others to impose administrative punishment, privately reduced the number of illegal mining, and did not deal with the perpetrators of sand mining, so that the perpetrators of sand mining were not criminally investigated and accepted the property of others totaling 144,000 yuan. Lv Zhaocai still has other serious violations of discipline and law, and was expelled from the party and public office. The suspected crime was transferred to the judicial organs for legal treatment.

　　7. Wang Ying, the former director of the Health Supervision and Health Service Center of hegang Workers and Peasants’ District, destroyed the environmental problems of administrative law enforcement.In February, 2021, when Wang Ying was handling an illegal medical practice case, the administrative law enforcement was not standardized, which violated the handling procedures, and the seized material evidence was not destroyed as medical waste according to the law. After the decision on administrative punishment was issued, the person subjected to execution failed to perform the administrative punishment within the statutory prosecution period, and Wang Ying did not apply to the people’s court for compulsory execution, resulting in the case being shelved and never closed. In April 2023, Wang Ying was severely punished by the party.

　　8. Xu Ruxin, coordinator of the Supervision Brigade of Longfeng District Urban Management Comprehensive Law Enforcement Bureau in Daqing City, undermined the administrative law enforcement environment.In February, 2023, when Xu Ruxin carried out the centralized rectification of illegal activities in the area of city appearance and environmental sanitation, he was rude and rude when communicating with the managed clients, and publicly insulted the managed clients, causing adverse effects. In May 2023, Xu Ruxin was punished by government warning.

　　Recently, the Beijing Urban Management Committee issued the "Beijing Electric Power Development Plan during the Tenth Five-Year Plan". During the Tenth Five-Year Plan period, the reliability rate of power supply in the whole city will reach 99.996%, and the proportion of externally transferred green electricity will reach about 21.4% of the total electricity consumption. By the end of 2025, the total scale of charging piles in the city will reach 700,000, and the scale of changing power stations will reach 310. The average service radius of public charging facilities for electric vehicles in plain areas is less than 3 kilometers.

　　By 2025, the external adjustment of green electricity will reach 30 billion kWh.

　　According to the planning content, during the "14th Five-Year Plan" period, with the accelerated development of modern industrial system and digital economy, the rapid layout of industries such as 5G, intelligent manufacturing and high-end manufacturing, and the rapid development of key areas such as "three cities and one district", the power demand potential will be obviously released. It is estimated that by 2025, the electricity consumption of the whole society in this city will be 140 billion kWh, with an average annual increase of 4.2%, and the maximum power load will be 33 million kilowatts, with an average annual increase of 7.6%. At the end of the Tenth Five-Year Plan period, about 28 million kilowatts of external power will be needed.

　　During the Tenth Five-Year Plan period, the city will grasp the direction of green and low-carbon development, further optimize the power supply structure, promote the development of renewable energy, strengthen energy cooperation outside the region, comprehensively improve the local power supply capacity and the consumption level of renewable energy, and form a new power supply security pattern.

　　Vigorously promote the expansion of centralized wind power projects such as Guanting and Qinghuiling; Combine low-carbon parks and zero-carbon villages to promote the development of decentralized wind power projects. Accelerate the construction of garbage incineration power generation projects in Daxing and Shunyi, sludge biogas power generation projects in reclaimed water plants such as Gaobeidian and xiaohongmen, and put them into operation in parallel during the Tenth Five-Year Plan period.

　　Actively introduce clean power from other places, deepen energy cooperation between Beijing-Tianjin-Hebei and surrounding areas, arrange surrounding renewable energy bases in an orderly manner, actively promote the construction of wind power bases around the capital, and support the construction of renewable energy bases in Shanxi, Mongolia and other regions. Explore the establishment of a new model of "green electricity" entering Beijing, which is "the development of overseas resources, the directional transmission of green electricity and the directional consumption of this city", and gradually improve the consumption level of local renewable energy power. By 2025, the transferred green electricity will reach 30 billion kWh, accounting for about 21.4% of the total electricity consumption.

　　The city will speed up the construction of external power transmission channels and improve the power supply support capacity. By 2025, the city’s power supply reliability rate will reach 99.996%; Distribution automation coverage rate and smart meter coverage rate all reached 100%.

　　Non-resident liquefied gas cylinders in key areas are cleared.

　　During the "14th Five-Year Plan" period, the city will take "replacing coal with electricity", "replacing oil with electricity" and "replacing gas with electricity" as the starting point, build a new electricity consumption structure, continuously increase the proportion of electricity in terminal energy consumption, improve the level of terminal electrification, and realize the transformation and upgrading of energy consumption.

　　The city will scientifically plan the power grid in mountainous areas, comprehensively improve the power supply guarantee capacity, follow the principle of "first standing before breaking", and steadily and orderly promote the implementation of the "coal-to-electricity" project in Fangshan, Mentougou, Huairou, Pinggu, Miyun, Yanqing and other mountainous areas on the premise of sufficient power supply; Improve the heating guarantee mechanism and emergency repair system for users of "coal to electricity" in mountainous areas, and improve the service level of rural power supply. By 2025, heating in mountainous areas will be basically realized without coalification.

　　Optimize the layout of charging and replacing facilities, build a network of charging facilities "mainly charging in residence and office, supplemented by rapid charging by public utilities", and form a service system with high efficiency and excellent experience. Strive to reach 700,000 charging piles and 310 power stations in the city by 2025, and the average service radius of public charging facilities for electric vehicles in plain areas is less than 3 kilometers. Orderly promote the transformation of gas stations in the functional core area of the capital to charging stations and power stations.

　　The city will also accelerate the "LPG to electricity/natural gas" in accordance with the principle of "gas is suitable, electricity is suitable". By 2025, non-resident liquefied gas cylinders will be cleared in key areas such as the capital functional core area and Changping "Huitian area", and the number of catering merchants "replacing gas with electricity" will reach a certain scale. At the same time, we will continue to promote the power blanking project and orderly promote the renewal and transformation of the distribution network in old communities before 2000. Combined with the construction of utility tunnel, major projects and key tasks in this city, we will link up key projects such as urban renewal, fine renovation and upgrading of back streets and alleys, and make overall plans to promote the underground project of power overhead lines in the functional core area of the capital.

CCTV News:At present, it is the picking and selling season of durian in Thailand. China is the largest importer of durian in Thailand, and most of durian made in Thailand is sold to China. Since the opening of China-Laos Railway, many Thai durian exporters have chosen to transport durian to China through China-Laos Railway, so that China consumers can eat Thai durian which is fresher and tastes better.

Thailand has a history of planting durian for hundreds of years, and has more than 200 varieties of durian, which is the country that exports the most fresh durian in the world. Thai durian exporters said that since boarding the "express train" in China-Laos Railway, the transportation time of durian to China has been greatly shortened, and the probability of loss in transit has also been significantly reduced.

Thai durian exporter Wachai:Our company exports durian to China. This year, we choose railway transportation because it saves time compared with road transportation and sea transportation. In the past, it took about 7 days by sea transportation and 5 days by road transportation. Since China-Laos Railway came into being, it takes only three days for durian to be transported from Thailand’s Pointe Bamboo House to Kunming, China, which is faster.

According to the statistics of the Ministry of Commerce of Thailand, China is the largest export market of durian in Thailand in 2022, accounting for more than 96% of the total durian export. It is estimated that with the help of China-Laos Railway, the export of durian in Thailand is expected to reach a new high this year.

Utichai, President of Thai Durian Association:The opening of China-Laos Railway has added a new mode of transportation for durian export. We can pick durian with better maturity and better taste. We hope that consumers in China can eat more delicious durian.