Close-up | Mothers retire and come back, sitting and playing volleyball also has the spirit of women’s volleyball.
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Beijing, Dec. 14 (Leng Yuyang) According to the news from the Examination Center of the Ministry of Education, the CET-4 and CET-6 will be held today in the second half of 2019, and candidates can check their scores in February next year. In recent years, there has been a constant debate in public opinion about the reform of CET-4 and CET-6, and even the debate about whether to keep or abolish it. In the future, how to evaluate the English proficiency level is worthy of attention.
College English Test Band 4 and Band 6 starts today.
According to the news from the Examination Center of the Ministry of Education, the CET will be held on December 14th in the second half of 2019. Among them, 9: 00 am & mdash; Take CET-4 at 11:20, and at 15:00— At 17:25, the CET-6 will be conducted.
On the eve of the exam, many provincial education examination institutes issued a reminder that candidates must enter the examination room with the admission ticket, student ID card and valid ID card on the day of the exam (starting at 8:45 am and starting at 2:45 pm), and the "three certificates" are indispensable. Admission is forbidden after 15 minutes.
During the examination, candidates are only allowed to bring necessary examination stationery into the examination room, and are not allowed to bring books, materials, bags and other items. It is strictly forbidden to bring electronic equipment with the function of sending or receiving information. Once found, it will be dealt with in violation of regulations, and the results will be invalid.
According to the pre-test reminders issued by various places, before the exam, there are often some lawless elements and intermediaries in the society who use the Internet and other tools to publish harmful information such as "helping the exam", "providing real questions" and "answers" and peddling cheating tools, and claim to "package" to defraud candidates of money. Please don’t believe in false propaganda, so as not to be deceived.
Under the current examination system, the CET written test is held twice a year in June and December of each year. In June, all subjects in English and non-English are taken, and only English subjects are taken in December. CET oral test is held twice a year, in May and November each year. Since December 2016, candidates who apply for the written test in the same year are eligible to apply for the same level of oral test.
Candidates can check their scores through the official website of CET-4 and CET-6 in February next year.
Debate on the reform of CET-4 and CET-6
The National College English Test Band 4 and Band 6 is a large-scale standardized test sponsored by the Ministry of Education and presided over and implemented by the Examination Center of the Ministry of Education. Since its implementation in 1987, CET-4 and CET-6 have gone through more than 30 years, accompanying the youth of generations of students.
In order to constantly meet the needs of students learning English, CET-4 and CET-6 have been on the road of reform. The reporter found that in recent ten years, various reform schemes, such as taking multiple questions and volumes, canceling cloze, increasing Chinese-English translation scores, and changing fast reading comprehension into long reading comprehension, have been implemented in CET-4 and CET-6.
On October 23 this year, the plenary session of the National College English Test Committee for Band 4 and Band 6 in the second half of 2019 held in Shanghai said that the use of artificial intelligence technology has obvious effects on improving the quality of marking papers, and it is suggested to further strengthen research and gradually promote it. Moreover, the CET test system still needs to be further improved, and it is suggested that CET oral test should be included as a compulsory subject as soon as possible, which is beneficial to college English teaching.
In fact, in recent years, some experts and scholars have called for "canceling the CET-4 and CET-6 examination" and "turning to the socialization level examination".
In January this year, Cai Jigang, a professor at Fudan University and the president of China Academic English Teaching Research Association, published an article in the media entitled "CET-4 and CET-6 can be turned to socialization level test". According to the article, CET-4 and CET-6 have even seriously affected the higher requirements of college English, and standardized tests have also affected or even seriously affected the development of college students’ critical thinking ability.
In Cai Jigang’s view, higher education is a systematic process, and each major or course can’t be selfish. College English can only be a service course. Different disciplines and majors have different needs for English, and the English proficiency test should not be "one size fits all". CET-4 and CET-6 should be turned to socialized proficiency test as soon as possible.
At the same time, however, there are voices that the CET-4 and CET-6 can’t fully reflect the level of the subjects, but its existence value should not be denied.
According to a commentary published by China Youth Daily at the end of 2017, CET-4 and CET-6 cover listening, reading, translation and writing. At the same time, an oral test is set, which covers listening, speaking, reading and writing, and the test items are relatively flexible. Compared with IELTS or TOEFL, which cost thousands of registration fees, CET-4 and CET-6, which can be applied for only tens of yuan, is still the "gold standard" for evaluating the English level of most China students.
Chu Zhaohui, a researcher at China Academy of Educational Sciences, told Zhongxin.com that although CET-4 and CET-6 have played a lot of positive roles in history, the shortcomings of their unscientific inspection standards and insufficient pertinence have hindered students’ English learning. Relevant departments may wish to listen to the suggestions of academic circles and replace them or carry out more drastic reforms.
When will the future English test come?
The reporter noted that as early as 2014, the State Council issued the "Implementation Opinions on Deepening the Reform of Examination Enrollment System", proposing to strengthen the construction of foreign language proficiency assessment system, which is the first time at the national level to put forward clear requirements for the comprehensive reform of foreign language examinations.
In February 2018, the Ministry of Education and state language commission officially released the China English Proficiency Scale, which is the first English proficiency assessment standard for English learners in China. At that time, when answering a reporter’s question, the person in charge of the examination center of the Ministry of Education said that on the basis of the scale, the examination center of the Ministry of Education was developing the English proficiency test.
In December this year, Yu Han, deputy director of the Examination Center of the Ministry of Education, revealed at the 2019 TOEFL annual meeting that the overall design of the China English Proficiency Test has been completed at this stage. "The focus of the previous research is to develop exams corresponding to the corresponding levels of higher education. At present, the design and demonstration of the examination syllabus have been completed, and the test work has been carried out in some colleges and universities. "
In view of the speculation that China English Proficiency Test will replace CET-4 and CET-6, on December 11th, the relevant person in charge of the Examination Center of the Ministry of Education responded to the media reporter and said: How to integrate the new system with the existing examination items and do a good job in inheritance and development, we are studying and widely listening to opinions.
In addition, it is worth noting that another national-level general English test — — The National English Test has been suspended in Sichuan, Liaoning, Jiangxi and Henan provinces.
The comprehensive reform of foreign language examination is progressing continuously, but the final direction of CET-4 and CET-6 is still inconclusive.
CCTV News:In the men’s swimming field of Rio Olympic Games, we are used to this painting style:
Eight-pack ABS and a faint mermaid line … …
No one can resist the power of the perfect figure.
Australian star McEvoy
Phelps of Rio 2016 Olympic Games
"Youth Invincible Edition" of Philippine Fish and Rochet are poisonous after watching … …
However, in the 100-meter freestyle preliminaries, a "belly brother" broke this style of painting.
His name is Robel Kiros Habte, and he is 24 years old and comes from Ethiopia.
Yes, 24 years old!
According to official data, gabit is 1.76 meters tall and weighs 81 kilograms.
This height and weight are really grounded. Many netizens said: "I feel that I can compete."
Like us, he only has one abdominal muscle.
Gabit took part in the men’s 100m freestyle.
Take off and take off without falling in the wind ~
Then, file out gracefully ~
However … … Swim a little slow … …
Gabit finished the race almost half a pool behind others in the preliminaries … … The score was 1 minute 04.95 seconds, and he was the only player who took more than 1 minute, ranking 59 th overall.
However, when he reached the finish line, he got the warmest applause from the audience.
Gabit told reporters that this is his first time to participate in the Olympic Games, and he had never even seen a 50-meter regular competition swimming pool before the competition. He was very happy to be here. He said that his personal best time was 59.08 seconds. Although he didn’t play well this time, he really tried his best in this field.
"I am the only professional swimmer in our country. This is not surprising, because Ethiopia is a traditional long-distance running power, and people just want to be a long-distance runner. But I have a soft spot for swimming. What I always thought was to be different from others. "
It doesn’t matter where my destination is, what matters is that I’m here!
In the 2000 Sydney Olympic Games, Eric Sabani of Equatorial Guinea competed.
History is always strikingly similar. The appearance of gabit made Xiao Bian suddenly think of another athlete from Africa, Eric MSabani of Equatorial Guinea. He also participated in the 100-meter freestyle preliminaries at the 2000 Sydney Olympic Games, and finally he finished the race with a time of 1 minute 52.72 seconds, just like gabit’s experience. Unlike gabit, Tim Sabani is not a professional swimmer. He only started swimming nine months before the Sydney Olympic Games.
How did you get into the Olympic Games with such a bloated figure?
Gabit’s Olympic spirit is praiseworthy, but many netizens may ask, "Why did he qualify for the Rio Olympic Games? How did he get in when he swam so slowly? "
Because of the "wild card". Every session of the International Olympic Committee will issue "wild card" players to countries with underdeveloped sports. The quota system is determined to ensure that some countries can be represented in some backward projects and show the spirit of modern Olympics. These players obviously don’t have the strength to compete for gold and silver at all, but every year their persistence and love for the project touched a group of audiences.
So, as long as you finish the game, you are good!
Since last evening, the temperature in Hangzhou has turned straight down.
At 15 o’clock yesterday, the temperature in Hangzhou was 26.1℃, and at 23 o’clock in the evening, the temperature was only 12.2℃. In just 8 hours, the temperature dropped by nearly 14℃. Today, the lowest temperature in Hangzhou is 11℃. The temperature during the whole day seems to have no heartbeat, and there is almost no fluctuation. By 14 o’clock, the temperature in Hangzhou is only 11.4℃.
Just when Hangzhou people "spit" spring is like the four seasons, many friends said:Not only is the four seasons in Hangzhou chaotic, but it snows heavily in Henan!
With the cold air heading south, rain and snow occurred in parts of Henan, Shanxi, Shaanxi, Hubei and other places this morning, and snowfall mainly occurred in southeastern Shaanxi, southwestern Shanxi and western Henan.
This morning, heavy snow fell in Luoyang, Henan, and "Snow in Henan" once rushed to the top of the hot search. In the afternoon, snowflakes floated in Zhengzhou, the provincial capital.
From this morning to this afternoon, the snowfall (turning into water) in Luanchuan, western Henan Province has exceeded 20 mm, reaching the level of heavy snowstorm. The local meteorological observatory has issued a yellow warning signal of snowstorm red warning signal and road icing. The snow is as thick as a quilt, and it is 18 cm at 14: 00, which is rare in March. The local snow record in March is 20 cm (March-April, 1992).
Henan Meteorology said: Under the combined influence of cold air and strong southerly warm and humid airflow, the temperature in many places in Henan plummeted today, and there was a large range of rain and snow. In the morning, Henan Meteorological Observatory issued a yellow warning of road icing and a blue warning of blizzard.During the day today, some counties and cities in the central and western regions experienced moderate to heavy rain and snow and local snowstorms. As of 16: 00 today, the snowfall in Xin ‘an, Luoyang reached 34.8 mm.
Snow in March is also called "Peach Blossom Snow"When the peach blossoms are in full bloom, the wind blows the petals like snow, and later people call the snowflakes falling with the peach blossoms peach blossom snow.
You know, a week ago, Zhengzhou experienced the "summer" in advance, and the highest temperature exceeded 30℃. A week later, it began to "peach blossom snow" in March, which was really a random crossing of the four seasons.
In addition, from today’s weather phenomenon and lightning monitoring, some areas in Henan province have experienced thunder and snow.
Many netizens feel quite puzzled.It’s March, and it snows at this time, and it can also thunder and snow. Is it abnormal?
According to the analysis of China Weather Network,At this time, it is in the season of alternating cold and warm, and it is normal to snow. In previous years, it snowed in April.Snowfall is mainly caused by the combined influence of warm and humid airflow in the south and the cold air infiltrating from the lower level to the south, and some areas are also caused by topography. For example, in mountainous areas with higher altitude, the temperature is lower, which is prone to snowfall.
As the cold air moves south, rain and snow will also change in some areas, and the snowfall area will spread further south. For example, in Mianchi, Henan Province, it rained from about 5 am today, and it snowed from around 6 am to 10 am. The accumulated snowfall has reached 9 mm.
The phenomenon of "thunder and snow" has also happened in many places.When it snows, because the strong warm and humid airflow meets the strong cold air, the warm and humid air is forced to rise, resulting in strong convection, which creates conditions for the formation of lightning, and the phenomenon of "thunder hitting snow" appears.
Some people say, "It snows in have no martial ethics only after the flowers bloom", while others care.: I wonder if crops will have an impact?
Henan Meteorology said that due to the lack of precipitation in Henan Province in the early stage, the proportion of 0 ~ 10 cm short of moisture monitoring stations reached 55% (note: moisture is an important monitoring indicator of drought, mainly reflecting the situation of soil water content), and the forest fire risk rating was also high.This rain and snow process is very beneficial to improving soil moisture, ensuring wheat growth and reducing forest fire danger.It is expected that the rain and snow will gradually stop in most areas in the middle of the night today, but the cold in spring is still there. In the morning after tomorrow, the temperature in Henan Province will be around 0-5℃, and there will be heavy fog in many places.
Orange persimmon interactive reporter Sun Wei
(Source: Orange Persimmon Interaction)
For more exciting information, please download the "Jimu News" client in the application market. Please don’t reprint it without authorization. Welcome to provide news clues and pay them as soon as they are adopted.
Elephant journalist Zhao Quantang Fan Mohan
On the afternoon of February 2, Zhengzhou ushered in a new round of snowfall. Snowflakes are flying, and the express car is still on the road. Does continuous snowfall affect the delivery of express delivery? What changes have taken place in the price during the Spring Festival? Elephant journalists came to the express delivery point in Zhengzhou to learn about the situation.
Don’t close when it snows, don’t worry about the delay of express delivery.
At the SF Express Point in Maohua Road, Zhengzhou City, despite the heavy snow, the express point is still operating normally, and everything is as usual. According to the salesman of SF Express, this snowfall will not affect the operation of the express delivery point. However, some courier company salesmen also said that snowfall will cause some couriers to arrive late.
According to reports, SF salesman started unloading at around 6 am and got off work at 9 pm. Near the end of the year, the number of gifts transported by the courier company increased, and the company equipped the salesman with a shuttle bus to transfer the goods. In order to ensure the quality of work, in recent weeks, SF Express Company has provided free breakfast and hot drinks for outlets every day.
How to calculate the cost without stopping during the Spring Festival?
A number of courier companies said that due to the overtime pay of couriers, the price of pickup items will rise during the Chinese New Year. According to previous years’ practice, an additional Spring Festival service fee will be added to the basic fee for mailing, and this year’s fee standard has not been announced.
A number of courier companies have indicated that the fee information will be released as soon as possible in official website, the courier company. At that time, you can log in to official website of major express delivery companies to check the charging standards.
(Source: Elephant News)
Topic: Spring Festival 2009
Flowers put thousands of trees, and stars fall like rain. On the first night of New Year’s Day, by the Pearl River, a grand fireworks show lit up the night sky in Yangcheng and people’s faces. This year’s New Year Fireworks Gala in Guangzhou set off a total of 200,000 fireworks, sending warm wishes to the citizens. Members of the Political Bureau of the Communist Party of China Central Committee and Wang Yang, secretary of Guangdong Provincial Party Committee, and Zhu Xiaodan, member of the Standing Committee of the Provincial Party Committee and secretary of Guangzhou Municipal Party Committee, were at the edge of White Swan Pond, enjoying with the citizens.
Last night, from 8: 30 to 9: 00, fireworks were lit at the same time at two discharge points on the river surface of White Swan Pond River and Pazhou Exhibition Hall. This year’s Guangzhou Fireworks Gala is divided into four movements: "Five Blessingg Golden Bull He Xinchun", "Splendid Flower City Full of Spring", "Vibrant Guangzhou Welcomes the Asian Games" and "Harmonious Prosperity and Prosperity". The creative design closely follows the theme of the Spring Festival, reflecting the fervent feelings of Guangzhou citizens in celebrating the 2009 Spring Festival, celebrating the 60th birthday of the motherland and looking forward to the 2010 Asian Games.
The fireworks set off this year are novel and unique. Many fireworks displays that surprised the world at the opening and closing ceremonies of the Beijing Olympic Games gathered in Guangzhou yesterday, running through the whole party.
In order to allow more citizens to watch the fireworks display at close range, Guangzhou set up two discharge points for the first time this year. White Swan Pond Riverside Exhibition Hall and Pazhou Exhibition Hall have the same content for the two discharges on the river surface, and the discharge time is 30 minutes. According to statistics, nearly 400,000 citizens went to the two discharge points to watch it last night.
The public marveled that this year’s fireworks were "innovative"
Flowers put thousands of trees, and stars fall like rain. On the first night of the first lunar month, by the Pearl River, a grand fireworks lit up the night sky in Yangcheng and people’s faces. Last night, a total of 200,000 fireworks were set off at the fireworks show in Guangzhou, sending warm wishes to the citizens.
In the beautiful White Swan Pond fireworks display area, six 600-ton cargo ships are used as the display platform, and six high-altitude fireworks display points, 12 hollow art fireworks display points and low-altitude stunt fireworks display points are set up, with the fireworks screen reaching 1,500 square meters. Tens of thousands of fireworks are fired in unison, like huge waves, with a surge of spring tides and a magnificent momentum of passion.
This year’s fireworks are novel and unique. Special effects fireworks "Orange Flash", mid-low altitude artistic modeling fireworks "Dove of Peace", "Flash Golden Bridge", "Rainbow Bridge", "Open the door to see happiness", high altitude fireworks "Kapok Blossom", "Thunderbolt Golden Crown", "Colorful Five Rings" and "Xiangyun" made new appearances. The unique effect of "three-dimensional fireworks" makes people sigh at the wonder of fireworks, and the "big flash" that suddenly disappears runs through the whole fireworks level. At the opening and closing ceremonies of the Beijing Olympic Games, new ideas ran through the fireworks show yesterday, and the audience at the scene said that this year’s fireworks were "innovative".
It began to drizzle in Guangzhou yesterday afternoon, but the cold rain did not seem to affect the public’s enthusiasm for watching the New Year fireworks show. At 6 o’clock last night, many citizens braved the drizzle and gathered on the banks of the Pearl River in Pazhou. Many citizens said that Pazhou area is very suitable for watching fireworks because of its open space and convenient transportation. It is "very enjoyable" to watch the fireworks show here. On the Shamian River facing the White Swan Pond River, many citizens came to "occupy the position" early in the morning, and the seats on the riverside of the White Swan Hotel had been booked a month ago. Mr. Zhang, a citizen, said: "Watching fireworks in the rain, don’t have a taste."
Link: 11 coast guard boat "Pearl River Fireworks"
Last night, the Guangzhou Spring Festival fireworks show was lit at the same time in White Swan Pond and Pazhou River. The maritime department dispatched 11 coast guard boat ships and more than 40 maritime law enforcement officers to maintain the safety of water traffic order.
Fifteen minutes after the fireworks display, the maritime patrol boat of the Inner Harbor Marine Department will arrange for the Pearl River boat to leave first, and other ships will be allowed to pass later.
CCTV News:In the development process of hydrogen energy industry, reducing cost and ensuring safety are two core concerns. In the face of this emerging industry, how to answer the public’s concerns? Let’s take a look at the answers given by the guests in the "On Tao" column.
Reduce industrial costs
Dong Yang, First Vice President of the World Automobile Organization and former Executive Vice President of China Automobile Industry Association:It is still more expensive than this gasoline car, even more expensive than the ordinary battery car. However, I will tell you that there is such a rule in automobile production. After you reach this scale of hundreds of thousands and millions, its cost will drop to one tenth of the original. Or this aircraft engine is the price of gold, and the car engine, with the same technology, is the price of cast iron.
Zhang Weidong, Director of Energy and Environment Project of the United Nations Development Programme:According to some experts, the cost of battery stack is 11,833 yuan per kilowatt now, and it will reach 668 yuan by 2025, which will be lower.
Dong Yang:Compared with the internal combustion engine, the fuel cell stack is basically a quasi-static or quasi-dynamic process, and many processes are very similar, but there is no reason to say that the stack must be more expensive than the internal combustion engine. Now it is only a matter of technical maturity and market capacity.
Zhang Xiaoqiang, Executive Vice President and Executive Director of China International Economic Exchange Center.To solve the cost problem of hydrogen production, if we don’t have a reasonable framework in terms of electricity price and so on, it may trouble enterprises for a long time, that is, the cost can’t be reduced. How can we have a reasonable electricity price system? For example, when using off-peak electricity, can we make it cheaper enough, so that large users can establish such a direct purchase and sale relationship, instead of adding this network fee through the power grid, resulting in high cost. Many aspects like these need government guidance.
For another example, we now attach importance to the utilization of hydrogen energy, especially hope that it can transform renewable clean energy, that is, water, wind and light. According to the characteristics of China, water, wind and light are concentrated in the southwest and northwest. Therefore, under the guidance of the government, we established a large-scale project in the world in the past. We called it "West-to-East Power Transmission and West-to-East Gas Transmission". Then, the next step is how to cooperate with this kind of energy and pipe network facilities in existing countries and explore in some ways. By participating in power transmission and gas transmission, and exploring new long-distance transportation of liquid hydrogen, for example, we can clean the energy in the northwest and northeast regions where energy is abundant. Apart from local consumption, because our main and most developed area is in the east, to solve these problems, I think many of them need the government to do a good job.
Safety standard operation
Guo Liejin, Academician of China Academy of Sciences:Everyone is very concerned about safety. When we were in primary school, our teacher would tell us that hydrogen would explode. The concentration of hydrogen, the concentration in space is 13% to 90%, and it is likely to explode between them. However, there is a premise for explosion. It needs to see an open flame with sufficient concentration. In Toyota and related enterprises, they all talk about the same car in their reports, which is a car filled with gasoline and a car filled with hydrogen. The chassis structure is the same. They do experiments. Under the premise of causing an explosion, the explosion of the gasoline car is completely destroyed, while the whole structure of the hydrogen fuel cell car is basically unchanged. Therefore, from this safety point of view, hydrogen fuel cell vehicles are much safer than our diesel gasoline vehicles.
The US Department of Energy and NASA have also done the same experiment. A barrel of gasoline, a barrel of diesel oil and a barrel of liquid hydrogen are shot from a distance, and then various protective facilities are built around to see who has strong explosive ability. The damage degree of the hydrogen tank after explosion is less than half that of the first two tanks, which is between 30% and 40%. What is the reason? Because hydrogen itself is a very light thing, once it is released, it runs into the sky and you can’t find it.
I have a personal experience. In 1997, I started to build facilities for hydrogen energy research in my State Key Laboratory. At that time, I was also worried about safety. I installed explosion-proof facilities on all the windows of the laboratory, and put hydrogen sensitive elements called sensors at key points around me, and I debugged them myself. Then when the concentration reaches a certain level, it will call the police and the fan will directly discharge the things. But it’s been twenty-two years since this year, and it hasn’t exploded, even ringing.
We operate according to the rules. Don’t our gas stations have many rules? It is also dangerous goods. Why can we do it well? Hydrogen can also be done very well, and even its destructiveness is much smaller than the fuel we use now. So recently, several hydrogen refueling stations in the world have reported explosions, such as those in California, South Korea and Europe, but when you read its reports, the final result is that the harm to people is minimal. Moreover, it is not the explosion of the fuel body itself, but the auxiliary device, which is caused by irregular operation or irregular installation. So in itself, as an energy source, you can use hydrogen with confidence, but you must of course obey the rules.
Dong Yang:This safety mainly depends not on whether the fuel can catch fire, but on whether you have mastered the norms and whether human beings have mastered the laws. Therefore, we must pay attention to the safety issue, which is the top priority for us to develop fuel cell vehicles. It is to do it seriously, accumulate experience, solve it, and monitor it with the industrial chain and life cycle, which can completely solve this problem.
On January 26, 2024, the market fluctuated and differentiated all day. At the close, the Shanghai Composite Index rose 0.14%, the Shenzhen Component Index fell 1.06% and the Growth Enterprise Market Index fell 2.23%. Northbound funds bought 1.51 billion net all day.
In terms of sectors, PEEK materials, Hainan, real estate and Shanghai state-owned assets were among the top gainers, while CRO, semiconductors, MR and BC batteries were among the top losers.
In ETF, S&P ETF(159655.SZ), real estate ETF Huaxia (515060.SH) and real estate ETF(512200.SH) led the gains. In addition, banks, games, and delivery ETFs were also boosted by relevant news, with the highest gains.
[Financial support for real estate, favorable policies resonate]
In the news, the relevant person in charge of the State Financial Supervision Bureau said that it will continue to provide personal housing loan financial services. We will support local city governments and housing construction departments to further optimize individual housing loan policies such as down payment ratio and loan interest rate, and guide and urge banks to better serve the financing needs of the broad masses of people for rigid and improved housing.
In addition, the Ministry of Housing and Urban-Rural Development issued a voice on January 26, 2024, fully giving urban real estate control autonomy, and cities can adjust their real estate policies according to local conditions. In view of the current financing problems of some real estate projects, all localities should focus on projects, study and put forward a list of real estate projects that can be given financing support, coordinate the issuance of loans by financial institutions within their respective administrative regions, and accurately and effectively support reasonable financing needs. It is understood that before the end of this month, the first batch of projects can win loans after landing.
Huatai Securities believes that the press conference makes it clear that the financial industry is duty-bound to support real estate vigorously, and optimize policies such as down payment ratio and loan interest rate due to the city’s policy. At present, the mortgage interest rate has gone through several rounds of LPR adjustment, and the lower limit of the point has been gradually relaxed until a dynamic breakthrough. Many places have lowered or cancelled the lower limit of the interest rate due to the city’s policy. RealData shows that the national first home interest rate has dropped to 3.84% in January 2004, down 1.59pct from the high point in October 2001. In September 2003, the stock mortgage interest rate was lowered to further reduce the burden on residents. Many cities have implemented the policy of "recognizing houses but not loans" and optimized the criteria for recognizing the first suite, and the policy adjustment has gradually spread from low-energy cities to high-energy cities. There is still room for the relaxation of the future purchase restriction policy in first-tier cities.
Related ETFs: real estate ETF Huaxia (515060.SH), real estate ETF(512200.SH), real estate ETF(159768.SZ), real estate ETF(159707.SZ), financial real estate ETF(510650.SH) and financial real estate ETF(159940.SZ).
[Cancel the restrictions on the proportion of foreign investment, and banks will welcome benefits again]
In the news, on January 25, 2024, the relevant person in charge of the General Administration of Financial Supervision said that more than 50 opening-up measures have been introduced recently. First, the restriction on the proportion of foreign shares will be abolished. Now, foreign capital can hold 100% of the shares of bank insurance institutions and achieve complete control. Second, the negative list of foreign investment access, and the relevant restrictive measures on the financial industry have been completely cleaned up. For example, the business scope of foreign banks and insurance institutions is completely consistent with that of Chinese capital, realizing national treatment.
Huatai Securities believes that the press conference of the State Council Office made a heavy noise, and the policies at both ends of real estate supply and demand were once again overweight, emphasizing the resolution of risks of small and medium-sized banks and relaxing the proportion of foreign ownership. The combination of the central bank’s policy of lowering the RRR at the beginning of the year will help improve the liquidity environment and accumulate momentum for economic recovery. The policy is expected to be good+the valuation position is double low, and we should seize the opportunity of bank allocation. At present, the valuation of PB(lf) in the banking sector is 0.54 times, which is 3.66% quantile since 2010, which is at a low level. Bank positions of 23Q4 decreased by 0.6pct from the previous month to 1.91%, a record low.
Related ETFs: Bank ETF Huaxia (515020.SH), Bank Leading ETF(515280.SH), China Securities Bank ETF(512730.SH), Bank ETF(512800.SH), Banking ETF(512820.SH) and Bank ETF(159887.SZ).
[Spring Festival travel rush opens on the first day, and the travel industry chain is expected to benefit]
In the news, today (January 26th) is the first day of Spring Festival travel rush in 2024. Railway 12306 began to sell train tickets for February 9, that is, the 30 th day of the twelfth lunar month. It is estimated that during the period of Spring Festival travel rush this year, the cross-regional personnel flow will reach 9 billion. According to the booking data of 12306, on the first day of Spring Festival travel rush, the national railway is expected to send 10.6 million passengers.
Yongxing Securities believes that the traditional holidays are coming and the travel industry chain is expected to benefit as a whole. Near the 8-day holiday of the Spring Festival, the travel heat of the Ma Honeycomb Platform during the Spring Festival rose by 350%, showing an upward trend. The reunion festival has become the choice of most tourists to promote family travel, and the family parent-child group accounts for 42% of the Spring Festival travellers. Ctrip shows that orders for domestic travel, outbound travel and inbound travel have all increased substantially. Considering that during the traditional holidays, the flow of visiting relatives and tourists will overlap, the demand for domestic and outbound travel will increase, and the travel industry chain is expected to benefit as a whole.
Related ETFs: Travel ETF(159766.SZ), Travel ETF(562510.SH), Delivery ETF(561320.SH), Transportation ETF(159683.SZ), Transportation ETF(159666.SZ) and Delivery ETF(159662.SZ).
[115 games approved! The game plate oscillated and rebounded]
On January 26th, 2024, relevant departments released the approval information of domestic online games in January, and a total of 115 games were approved. Since the edition number was resumed in 2022, the number of edition numbers in a single month has exceeded 100 for two consecutive months, and the overall edition number has remained stable.
Citic Securities believes that in the medium and long term, there are still opportunities for the development of China’s game industry, especially related companies that focus on quality content and development in the sea. At the same time, the game industry is an industry that pays attention to innovation. Through technological innovations such as AI and VR, as well as business model innovations in gameplay and categories, game companies are still expected to continue to create increments.
Related ETFs: game animation ETF(516770.SH), game ETF(516010.SH), game ETF(159869.SZ) and game media ETF(517770.SH).
Interface journalist |
Interface news editor | Shi yiying
early springthreemoon,Lao Huang, a golf enthusiast from Beihai, Guangxi, and several golfers flew to Sanya, Hainan for an appointment..
Although in order to avoid the stream of people,Lao Huang didn’t make an appointment for the hottest Blackstone Stadium in Mission Hills in Hainan.,However, the popularity of other courses is still beyond the expectation of Lao Huang and his friends."prime timeOnline booking speed,Rely on robbery. When playing ball.feelThe caddies of the whole stadium are out.."
At the same time, Thailand, which is hot in four seasons, has become the first choice for many golfers to go abroad for "ball narration". At the end of February, 2023, LPGA (Women’s PGA Tour) was held in Pattaya, the country’s second largest tourist city, where the golf course was also in a "difficult to book" situation.
According to the China Golf Association(Referred to as "China-High Association"), 2016-2020 domesticgolfNumber of participantsUp to 30 million people.
The popularity of golf has rekindled, and more and more young people have begun to play golf.“The aristocratic movement seems to have become more grounded..
In the hearts of China people.,There has always been a stereotype of "aristocratic sports" about golf..originate from15th century ScotlandGolfEarly indeedbeIn the nobility..
20Century,With the popularity of golf equipmentAnd business.With the establishment of competition rules and systems, golf became popular among the middle class.andCan be widely carried out.
Golf entered China in?In 1896,At that time, the first golf club in China was established in Shanghai..
now,The more important events in golf are the four Grand Slams.,They are the British Open.、United States Open、the masters /masters tournamentandAmerican Professional Golf Association Championship(PGA Championship).
Take the PGA Championship as an example.,by2022yearIn August, the average audience of the four rounds of the PGA Tour of three media, CBS, NBC and Golf Channel, was 781,000. In the past five years,The event’sThe ratings have increased by 7%.
It is worth mentioning that,CBS, ESPN and NBC signed with the PGA TourBroadcast protocolThe total annual value is nearly 700 million dollars.,andWill last until 2030.
And in order to welcome the new season.,“Not bad money "PGA also prepared.sixBillion dollars(invite to meet together40.2100 million RMB)Bonus of.
However,Golf has been "hot" in Europe and America for decades.,for a long timeThe market in China has been tepid..
Lao Huang this year55year,Is one of the top executives of a local enterprise., twoI started playing golf years ago through an acquaintance..Old Huang with money and leisure,Perfect for the impression of golf lovers..
This time, Lao Huang and his golfers came to a stadium in Sanya,Just the membership fee15ten thousand,Non-members should play a game here.1400Yuan Dynasty (1206-1368).
Although I am still a beginner in terms of seniority.,But Lao Huang has invested a lot of money in golf equipment.“The club I use is relatively new.,XXIOYes,Early 20 thousandclothesIt also cost more than 10 thousand a year.And then for a year18class,The class fee is about 10 thousand,Plus the cost of making a ball appointment with friends.、Caddy tip、The simulation practice equipment at home."
Roughly calculate,Lao Huang, a beginner, also spends 100 thousand a year on golf..
"I practice three or four times a week.,Like a friend who introduced me to play ball.,That’s on the court every day., "Lao Huang added,"The cue is also a hundred thousand take-off.,More expensive."
Mike, the golf course manager who works in Hainan, told Interface News.:“Every day, I basically meet male customers aged 35-70..These guests have a lot of time even on weekdays.,Stay for a whole afternoon.."
Mike introduced,The investment of a golf course ranges from tens of millions to billions.,“The cost of our home is very high.,Imported grass seeds used,The cheaper ones are domestic big leaf grass.,However, the foot feels ordinary and the water permeability is not good..And fairway design.,Are places to burn money.."
Such a cost,The unit price of playing a game will naturally not be cheap.. Once at home,Therefore, golf has become a so-called "exclusive sport for middle-aged and elderly people".
Mike told the interface news,In recent years, there have been some changes in the guests practicing golf on the green.“Some families began to train their children to practice golf..Except for adults who come for fun.,Usually on weekends and holidays, many children come to our place to find a coach for class..The green also looks younger."
generally speaking,The "Broken Circle" of a Minority Movement,It is always accompanied by the breakthrough achievements made by athletes in this project in international competitions..
2011After Li Na won the French Open women’s singles title in 2006,,The consulting volume of tennis schools in Guangzhou has skyrocketed. CCTV reported that a tennis personal trainer said,Usually, the school’s inexhaustible enrollment quota was filled early.,in spite of,Every day, more than a dozen parents call him to inquire about the registration..
In the field of golf,,Feng Shanshan is the man who broke the circle..
In 2012,23Feng Shanshan, 18, is in the LPGA Championship.It is the first time that a registered player of China High Association has won four Grand Slam titles. In November 2017,Feng Shanshan climbed to the top of the female high school.No.1 in the world, and won the "after the ball" for 23 weeks.
one5 yearsofcareermiddleFeng Shanshan has won 22 titles, including 10 LPGA titles, in international competitions such as USA Tour, Europe Tour and Japan Tour.
According to Sports Weekly, in 2016, when Feng Shanshan won the bronze medal in the Rio Olympics and received the highest attention, Feng Shanshan ranked fourth in the list of sports wealth in China with an annual income of 33 million yuan.
andTen years ago.Shanshan FengofFighting alone is different. At present, there are 7 China women.playerFighting in LPGA,Commercial value has also been concerned by many brands..
Considered as the most powerful receiver in Feng Shanshanjanet linexist2I just successfully renewed my car brand in June.Buick Golf Ambassador,She was also signed with herLiu Yu、Yin RuoningTwo teenagers.He Muni, a "Sichuan girl", has the same high exposure rate as her F1 driver boyfriend because of her good appearance.
In recent ten years, the second generation of sports celebrities have also "invested" in golf, which has accelerated the influence of golf among young people.
table tennisLiu Yujie, the daughter of Liu Guoliang, the Grand Slam winner and president of China Table Tennis Association, chose to study golf instead of following her father’s footsteps.last yearIn June, at the age of 9, she defended her title.watch from a height or distanceHSBC Junior Golf Championship Finals Group C champion.
ZhangJike, a grand slam table tennis player, joined the ranks of golf lovers after fading out of the table tennis world. In recent years, he has been ridiculed as "too tanned". Xiao Kaili, the daughter of his teacher Sean Xiao, is atlast yearIt has also become the youngest champion in the starting point.
According to the data of China Golf Association, in 2013, there were only over 400 young players registered in China. By 2022, this number has exceeded 100,000. Supporting youth events have also soared from more than 30 games to more than 800 games.
Mike told the interface news: "During the epidemic, many clubs can’t go out to play, so they practice in local venues. With more passengers, our unit price will be lower accordingly."
The popularity of domestic golf has warmed up, and young people have "invaded" golf courses, which has also appeared from the product side. Chen Baiyuan, commercial director of ADIDAS GOLF Greater China, revealed that "there has been double-digit growth every year in the past four years, especiallyIn 2022, we grew by over 30% year-on-year. "
Open data display,At present our countryGolf sports eliminationFee groups mainlystillDistribution inmiddleHigh income groups.
But it is worth noting that,The largest proportionThe annual income of the group is concentrated in 100,000-200,000.Accounting for about60%;but200,000-500,000 annual incomecolonialProportionThen slide down to37%。
According to the Analysis Report on the Market Situation and Investment Prospect of China Golf Industry from 2021 to 2027 released by Zhiyan Consulting, in the China market, the size of the golf market in 2020 will be about 10.26 billion yuan, up 4.4% year-on-year.
According to the analysis of Zhiyan Consulting, due to the development of indoor golf and the increase of teenagers’ participation in golf, the development of golf in China is showing the trend of popularization, younger consumer groups and cooperative management.
Demand affects supply.Facing the younger consumer groups, it has also become a new trend of golf segmentation.
At present, golf equipment is mainly divided into two parts: golf equipment and shoes and clothing. In terms of golf equipment, Callaway is currently the largest in China market, while in the field of shoes and clothing, many comprehensive sports brands have noticed the potential of the golf market.
Unlike Nike’s decision to cut off the golf equipment product line in the summer of 2016, Adidas has chosen to add more golf segments in the last decade.
This German sports product giant began to lay out golf segments in 1997. In 1999, they acquired TaylorMade, one of the top ten golf brands in the world, and then merged with Maxifli, a well-known golf accessory brand.
In 2014, Adidas officially established the ADIDAS GOLF sub-brand, focusing on the research and development of golf shoes and clothing products. In the LPGA that just started the new season, many players appeared in professional shoes and clothing products such as ZG23 and Ultimate365 TOUR of ADIDAS GOLF.
Chen Boyuan told Interface News: "We have the highest market share of footwear in many regions, and there are Asian line products specially designed for the Asian market in the clothing part. Now the market has a clear trend of youthfulness. In the next three to five years, we will pay more attention to young and creative products. "
Pang Zhihai, the founder of OK Golf, a domestic online distributor of ADIDAS GOLF, believes that Adidas has performed well in online channels favored by young consumers, which caters to the trend that golf lovers in China are younger and transfer to lower-income groups in recent years.
"Adidas’ main product is golf shoes, which is a blank place for traditional golf brands." Pang Zhihai explained: "The price of Adidas is generally lower, and the design of styles is more fashionable, which can attract many young consumers."
Many people in the industry believe that 2023 will be a year of rapid development of golf in China.
According to the 2023 Volkswagen Golf Tournament Plan announced by China Golf Association, China High-tech Association Volkswagen Golf YouthJunior open、More than ten events, such as the Volkswagen Golf Amateur Tour of China High Association, have been put on the agenda..
Lao Huang told the interface news: "Many competitions are just inviting each other in the circle.,There is no registration fee, but it will also be sent.equipment、Hold a dinner party, etc.Counting the rental space,The cost is over one million yuan.,Basically, it is sponsored by the brand..in the country/at home,More common are alcohol and sports brands.."
More and more young people are stepping onto the golf course, and this market segment also provides new market opportunities for sports brands.
In recent days, the network operation center of Qinhuangdao Branch of China Post Group Company, located in Lingang Logistics Park, Haigang District, Qinhuangdao City, Hebei Province, has been doing a good job in epidemic prevention and control, and at the same time, it has seized the time to sort express parcels to ensure smooth logistics and transportation.
Photo by Cao Jianxiong (People’s Vision)
Since the outbreak of the COVID-19 epidemic, the production and operation of logistics enterprises have been greatly affected, and the social logistics cost has risen in stages. In view of these problems, Gao Gao, Deputy Secretary-General of the National Development and Reform Commission, pointed out at the press conference held by the the State Council Joint Prevention and Control Mechanism on March 6 that at present, the key point is to solve the obstacles and operating cost pressure faced by logistics enterprises and support the logistics industry to resume normal operation as soon as possible; In the future, efforts should be made to promote the construction of a safe and efficient logistics operation system and further enhance the ability of the logistics industry to cope with external shocks and serve the national economy.
The return to work rate of logistics enterprises exceeds 60%
The logistics industry plays an important supporting role in coordinating the prevention and control of epidemic situation and economic and social development. What is the situation of returning to work?
Gao Gao introduced that at present, there are about 400,000 logistics-related legal entities in China, with more than 50 million employees. By the end of February, the proportion of logistics enterprises in China has exceeded 60%, the road freight market has continued to pick up, the vehicle operating rate has been restored to 70%, and the rate of returning to work in logistics parks is close to 90%, especially for a number of national logistics hubs and demonstration logistics parks.
Regarding the express delivery that people are concerned about, Liu Jun, deputy director of the State Post Bureau, said that after the outbreak, the State Post Bureau organized and mobilized the postal express delivery industry to fully guarantee the transportation and delivery of epidemic prevention materials and the distribution of daily necessities, and to distinguish enterprises from orderly resumption of work and production, speed up the smooth economic cycle, and strive to meet the needs of people’s livelihood. At present, there are nearly 3 million people who have returned to work in the postal express delivery industry, with a return rate of 90.2%, handling more than 160 million pieces of express mail every day, and a recovery rate of over 80%.
"Judging from what we have learned in the past few days, the situation of resuming work and production continues to improve. Logistics related to daily necessities, such as express delivery, has a relatively fast recovery speed, and the rate of returning to work and the yield are relatively high. Relatively speaking, productive logistics is extensive and involves the coordination and linkage of different industries and different upstream and downstream, and the recovery situation is weaker than that of life logistics. " Gao Wei said.
Get through the blocking point of agricultural products entering the city
The overall situation is improving, but problems such as the failure to return to work and the ineffective guarantee of the timeliness of mail express still exist. Liu Jun pointed out that postal express delivery enterprises belong to network enterprises. Due to the epidemic control policy, the production capacity recovery area is not balanced enough. Distribution centers, municipal processing sites and terminal business outlets in some areas such as Hubei have not resumed normal operations, which has a direct impact on the smooth operation of the whole network.
"During the epidemic, some communities and rural areas were under strict control, and the courier brother could not deliver normally. Especially now, the utilization rate of smart express boxes is less than 50%, which directly affects the delivery efficiency." Liu Jun said that at the same time, the production capacity of upstream SMEs of some e-commerce companies has recovered unevenly. Some consumers have placed orders, but they cannot generate packages in time, which also has some impact on the whole time limit.
Liu Jun said that in order to ensure the quality of service, the State Post Bureau requires delivery enterprises to effectively guarantee the production capacity of personnel, transportation capacity and equipment, strengthen the management and scheduling of reasonable time limit for express mail, and give priority to dealing with the backlog and problems caused by the epidemic. In the next step, it is necessary to keep the "green channel" for the transportation and delivery of epidemic prevention materials unimpeded, and timely and efficiently distribute the needed materials for the front line of epidemic prevention and control. At the same time, it is necessary to give priority to the distribution of basic living materials for residents in closed management areas, concentrate on the delivery service of agricultural and sideline products into cities, and help solve the problem of unsalable agricultural products. "Now the epidemic situation has a greater impact on agricultural products entering the city. Recently, our focus has been on getting through the blocking points in this area and smoothing the circulation channels."
"We will continue to promote the resumption of work in the express delivery industry in stages and continuously improve the production capacity according to market demand." Liu Jun said that it is preliminarily predicted that by mid-March, except Hubei, the whole network will basically return to normal.
Increase fiscal, taxation and financial support
"This epidemic has had a great impact on the logistics industry. Recently, the National Development and Reform Commission, together with relevant parties, aimed at the outstanding problems that restrict the resumption of production and long-term development of the logistics industry, in accordance with ‘ Combination of distance and overall consideration ’ The principle of putting forward a series of policy measures. " Gao Wei said.
The intensity of tax reduction and fee reduction has increased in stages. Within a certain period of time, we will continue to implement the policy of halving the urban land use tax for bulk commodity storage land that expired at the end of last year. From March 1 to June 30, the port construction fee for import and export goods will be exempted, and the government-set charges such as port charges and port facility security fees will be reduced by 20%, and the compulsory emergency response services and charges for non-tanker cargo ships will be cancelled. Before the end of June, the railway insured price, the delayed use of containers, the detention of trucks and other fees will be halved. Transportation and logistics enterprises that perform emergency transportation tasks during the epidemic prevention and control period belong to the government’s purchase of public services, and governments at all levels should give compensation.
In terms of financial support, Gao Gao introduced that the national list of key enterprises for epidemic prevention and control is being published in a rolling way, and several groups of key logistics enterprises have been recommended to be included in this list, and financial institutions can provide them with preferential interest rate loans by using special refinancing. At the same time, ease the financial pressure of small and micro logistics enterprises with a wide range and a large quantity, and encourage financial institutions to temporarily postpone the repayment of principal and interest on their loans, especially not to borrow, keep lending and keep lending.
"Policy measures also involve accelerating the improvement of the emergency logistics system, deepening the adjustment of cargo transportation structure, and improving the level of modern supply chain." Gao Gao said that the National Development and Reform Commission will work with relevant departments and localities to implement relevant policies, support and guide logistics enterprises to resume work and production in an orderly manner, increase dynamic monitoring of the operation of the logistics industry, promote the transformation and upgrading of the logistics industry, improve quality and efficiency, and provide a strong guarantee for the sustained and healthy development of the national economy.