Yuanxiao is not suitable for breakfast. How to eat delicious Yuanxiao?

  Every Lantern Festival, that is, on the fifteenth day of the first month, there are all kinds of Yuanxiao, glutinous rice balls and rice cakes. I don’t know what to do. In fact, these Yuanxiao are mainly made of glutinous rice. The common glutinous rice is white and purple, and their nutritional components are basically similar to rice. Every 100 grams of glutinous rice contains about 7 grams of protein, 75 grams of carbohydrates and various vitamins. Yuanxiao and Tangyuan with different flavors are made through processing and ingredients, but their nutritional value is much higher than that of ordinary rice flour.

  Yuanxiao is not suitable for breakfast.

  The main component of Yuanxiao or Tangyuan is glutinous rice flour, which contains high carbohydrate, while the stuffing is mainly pure sugar and fruit, plus a large proportion of vegetable oil or animal oil, which has high nutrition and calories.

  Many people like to eat Yuanxiao as breakfast, which is not desirable. Li Yanling explained that in the morning, people’s gastrointestinal function is the weakest, and the main raw material of Yuanxiao skin is glutinous rice, which is highly viscous and difficult to digest. Once eating too much, it will cause pantothenic acid, heartburn and nausea. In addition, try not to eat Yuanxiao before going to bed, otherwise it will lead to bloating.

  When is the best time to eat Yuanxiao and Tangyuan except for breakfast and before going to bed?

  Experts suggest that it is best to eat between meals, 4 to 8 at a time. While eating Yuanxiao and Tangyuan, you can’t eat other foods with high sugar content. It should be noted that when eating Yuanxiao and Tangyuan, you should nibble slowly to avoid being scalded or choking your throat or trachea, causing injury. In addition, don’t eat cold Yuanxiao and fried Yuanxiao.

  After eating Yuanxiao and Tangyuan, it is best to take a walk, do exercise, facilitate gastrointestinal peristalsis, promote digestion, or eat some food that helps digestion. Chinese medicine believes that hawthorn has the effects of eliminating stagnation, astringing and stopping dysentery, promoting blood circulation and removing stasis. When eating Yuanxiao with hawthorn, it can help digestion and guide stagnation, which is beneficial to digestion. In addition, you can also eat some Jianwei Xiaoshi tablets and yeast tablets to help digestion.

  What is the best match for Yuanxiao?

  Yuanxiao is made of sticky glutinous rice, and with compound stuffing, it is not easy to digest, so it’s okay to eat less. It is suggested that Yuanxiao should be accompanied by some digestive foods, such as hawthorn, barley wort, dried tangerine peel, raw radish and so on. Especially, raw radish contains mustard oil and crude fiber, which can promote gastrointestinal peristalsis, eliminate stagnation, relax the stomach, help to discharge waste in the body, and also reduce the absorption of oil.

  Also remind: although Yuanxiao is delicious, it should be moderate, not for everyone. Patients with diabetes, kidney disease, chronic pancreatitis and cholecystitis should not eat it, especially Yuanxiao, which is processed with sweeteners. Diabetic patients should also consider the total carbohydrate control.

  Yuanxiao’s "Original Soup into Original Food"

  After eating dumplings and cooking noodles, people often have a sentence to remind you not to throw away the soup. In fact, from a nutritional point of view, it is more extensive than "original soup to original food". How about eating Yuanxiao?

  When eating Yuanxiao, don’t forget to "eat the original soup". Glutinous rice flour contains more water-soluble vitamins, such as vitamin B1 and vitamin B2, which are very important to human health. During the cooking process, some of them are dissolved in the soup. According to the determination, 45%-50% of the vitamin B1 is lost, and most of them are dissolved in the soup.

  Vitamin B1 can promote the synthesis of acetylcholine in human body, thus ensuring normal gastrointestinal peristalsis and digestive gland secretion. If lacking, it will directly affect the normal digestion, absorption and utilization of the human body. In addition, people also consciously use vegetable juice and other methods to add more food to the soup. In order to obtain nutrients more effectively, don’t forget to eat Yuanxiao soup.

  Who should not eat Yuanxiao?

  Diabetic patients: The sugar content of Yuanxiao is high. If patients covet the delicious food, their blood sugar will rise sharply, which will not only aggravate their illness, but also induce ketoacidosis.

  Patients with ulcer disease: Eating Yuanxiao can increase gastric acid secretion, aggravate the stimulation to ulcer surface, and even induce gastric bleeding and gastric perforation in severe cases.

  Gastrointestinal dysfunction: Yuanxiao is made of glutinous rice flour, which is sticky and difficult to digest. After eating, it can lead to stomach pain, bloating, belching, acid reflux and even diarrhea.

  Patients with acute gastroenteritis: The patient’s gastrointestinal tract is in a state of congestion and edema. Patients should eat some digestible foods such as rice soup and lotus root starch. Eating Yuanxiao will increase the burden on the gastrointestinal tract.

  Patients with high fever: The gastrointestinal tract of patients is relatively inhibited when they have fever, so they should eat some easily digestible food such as liquid food, otherwise it will aggravate the condition.

  Patients with hypertension, hyperlipidemia and gout: These patients are in danger of aggravating their condition by eating Yuanxiao, so it is advisable to eat less.

  Early recovery from a long illness: At this time, although the patient’s appetite has improved, his digestive function is still weak, and excessive consumption of Yuanxiao is not conducive to recovery.

  Old and infirm people: these people have decreased digestive function and lost teeth, especially the old people’s swallowing reflex is relatively slow, which may cause the Lantern Festival to get stuck in the throat due to rapid swallowing, leading to breathing difficulties and even suffocation and death.

  Infants and young children: Children’s digestive function is weak, and their swallowing reflex has not been fully developed. Therefore, when eating Yuanxiao, they should not eat it whole. They should be divided into 1/4, and then eat the second bite after eating one bite. Be sure to chew slowly in case something goes wrong.

  Four tips for cooking Yuanxiao.

  Under boiling water: After the water is boiled, put the Yuanxiao into the pot, gently push it away with a spoon, and let it rotate for several weeks without sticking to the pot wall.

  Slow fire cooking: after the Lantern Festival floats, quickly switch to slow fire. Otherwise, the Lantern Festival keeps rolling, and it is hard to eat when cooked outside.

  Point cold water: during the cooking process, add a small amount of cold water every time the pot is opened, so as to keep the Yuanxiao in the pot in a rolling state. Boil the water for two or three times, then cook for a while, and you can eat it. The dumplings cooked in this way are soft and hard, sweet and sticky.

  Cooking in time: the glutinous rice flour with raw Yuanxiao has more water content, which will deteriorate if it is left for a long time, and it is easy to boil when it is frozen. It is best to cook and eat the Lantern Festival now, and don’t leave it for more than 3 days. Once the color of the Lantern Festival is changed, it can’t be eaten. Now buy quick-frozen Yuanxiao should also be eaten in time, it is best not to store it for more than a week.

  In addition, when tasting Yuanxiao, whether it is boiled or fried, it should be cooked thoroughly. When frying Yuanxiao, it’s best to stick some holes in it to prevent it from bursting and scalding.

Experts elaborate on the origin of Lantern Festival customs


    On February 16th, all kinds of festive Lantern with distinctive features on the streets of Suzhou were deeply favored by people. Xinhua News Agency (photo by Wang Jianzhong)


    Xinhuanet Tianjin, February 20th (Reporter Zhou Runjian, Cai Yugao) On the 21st, the 15th day of the first month is the traditional Lantern Festival in China. According to experts, many customs of the Lantern Festival, which has a history of more than 2,000 years, have unique origins.


    Zhao Zhi Heng, director of Tianjin Astronomical Society, said that the Lantern Festival began in the Western Han Dynasty. After putting down the "Zhulu Rebellion", Emperor Wen of the Han Dynasty deeply felt that peace and prosperity were hard-won, and designated the 15th day of the first lunar month, the day of quelling the rebellion, as a day of having fun with the people. In ancient times, the first month was also called "January" and the night was also called "Xiao", so the Chinese Emperor designated the fifteenth day of the first month as the Lantern Festival. Later, Sima Qian created the taichu calendar, and listed the Lantern Festival as a major festival.


    Zhao Zhi Heng said that solve riddles on the lanterns is a unique literary form with national style in China. It originated from folk riddles, which prevailed in the Three Kingdoms period. In the Southern Song Dynasty, riddles became a way of playing in the Lantern Festival. People tie riddles to colorful lanterns for people to guess and shoot, which is called "lantern riddles". After the Ming and Qing Dynasties, lantern riddles have developed into an indispensable form of recreational activities for urban and rural people in the New Year Festival, especially the Lantern Festival.


    On the fifteenth day of the first month, in addition to lanterns and solve riddles on the lanterns, there are also folk customs such as playing with dragon lanterns, dancing lions and walking on stilts.


    Zhao Zhi Heng introduced that "playing dragon lantern", also known as "dragon dance" and "dragon lantern dance", is a unique traditional folk entertainment activity in China, which was quite common in the Han Dynasty and more common in the Tang and Song Dynasties. Through the continuous processing and creation of folk artists, "playing with dragon lanterns" has now developed into a folk dance art with perfect form, considerable performance skills and romanticism.


    Lion dance is a traditional folk sports activity, which originated in the Three Kingdoms and prevailed in the Southern and Northern Dynasties. Lion dance can be divided into "northern lion dance" and "southern lion dance" in China. Nowadays, lion dance not only appears in festive festivals, but also enters the stage. As an acrobatic festival, lion dance is deeply appreciated by Chinese and foreign audiences.


    "Walking on stilts" was originally an ancient folk dance in China. Performers in disguise step on wooden stilts three or four feet high and hold fans in their hands for rhythmic dancing. There is a record of stilts in Liezi Shuofu, which was very popular in Tang and Song Dynasties.

Editor: Liu Li

The Nanjing Net Car Driver Examination is tightened only because the candidates are "not concerned"

  

  CCTV News:Since the Nanjing Network Car Driver Qualification Examination started on February 27th, there have been many cases in which candidates make-up exams or are absent from exams, thus wasting a lot of examination resources. Nanjing traffic department had to change the examination rules from June 1st. Candidates who miss the exam in the future or fail the first make-up exam will have to wait two months before they can apply for the exam again.

  Nanjing’s new online car policy stipulates that those who sign up for the online car driver test can choose their own test time and take the test for free through WeChat after passing the examination by the transportation and public security departments.

  As of May 24th, more than 10,000 people in Nanjing have submitted their applications for the examination. Although the transportation department has arranged the examination at full capacity, up to now, only more than 2,400 people have passed the examination and obtained the qualification certificate.

  Because it was previously stipulated that the exam was free and the time was optional, many people didn’t pay attention to it. Some people tried their luck without reading any books, and they kept applying for make-up exams if they failed the "naked exam". Some people don’t take the exam for no reason, wasting the resources of the exam. Therefore, starting from June 1st, the transportation department made changes to the rules of the online car driver test, and in the short term, candidates can’t take the make-up test many times. If you fail the first exam, it is usually arranged to make up the exam at the same time next week. If you still fail the make-up exam, you can’t apply for it for two months.

  In addition, the transportation department also found that a few candidates cheated or even found someone to take the test during the examination. Once this kind of situation was discovered, not only the results were invalid, but the candidates were not allowed to apply for the online car driver test again within one year.

  The New Deal of Nanjing Online Car Rental stipulates that the transition period for handling relevant documents for online car rental and its drivers will end on July 19th this year. This also means that after July 19, those who have not obtained the qualification certificate of the network car will not be allowed to continue to engage in the network car service until they obtain the relevant documents, otherwise they will face penalties. (CCTV reporter Wu Rui)

Daily skin care notice | Qingsong, the leader of beauty OEM, lost money for 3 years. Blue Moon only sounded the profit warning because of high marketing expenses?

Source: Sina Securities

  Produced by: Sina Finance Research Institute of Listed Companies

  Author: New Consumer Proposition /cici

  On January 31, the A-share 2023 annual report was announced, and the listed companies with excellent and poor performance in the daily chemical skin care industry were unveiled, and the industrial prosperity was unobstructed. Among the listed companies in the skin care and daily chemical industry that we are concerned about, a total of 6 companies have issued performance forecasts, and 4 listed companies have pre-increased, namely Jinbo Bio, Freda, Marubi and Shuiyang; There are two listed companies whose performance forecast "sounded the alarm" in 2023, namely Blue Moon Group and Qingsong Shares.

  Among them, Qingsong Co., Ltd., as the leading OEM of beauty and skin care, has weak profitability, and its main body of cosmetics business is Northbell acquired at a high premium, thus forming a huge goodwill. After the performance commitment period, Northbell’s "performance changed dramatically" and suffered successive losses in 2021-2022, which also led to huge goodwill accrual in 2021 and 2022. It is worth noting that in 2023, Northbell’s revenue declined and its net profit continued to lose money, which is also the fundamental reason for the sluggish performance of Qingsong.

  For Blue Moon Group, the market leader of household cleaning care, we think that the fundamental reason for its performance loss is still the serious product homogeneity and the channel expansion that is less than expected, and the marketing expenditure is greatly increased or secondary.

  Why is it difficult to make money in the upstream of the foundry leader Qingsong?

  Although the daily chemical skin care foundry is located in the upstream link of the cosmetics industry chain, it is often a section with weak profitability in the industry chain, which is closely related to the low bargaining power and high production cost of the foundry. Among all the listed companies of daily chemical skin care that released the performance forecast, only Qingsong Co., Ltd., the foundry leader, continued its performance loss.

  The original core business of Qingsong Co., Ltd. mainly includes beauty OEM and turpentine processing. At the end of 2022, the company completed the divestiture of turpentine deep processing business, and the company’s main business structure also changed to cosmetics business. The company’s main income and profits were concentrated in cosmetics business.

  In 2023, after the divestiture of turpentine deep processing business, the company’s performance did not bring many surprises to investors. It is expected that the annual revenue will decline and the net profit will continue to lose money. Specifically, the company expects to achieve a total revenue of 1.9-2 billion yuan in 2023, which is expected to decrease by 31.44%-34.87% year-on-year; The loss of net profit attributable to shareholders of listed companies is 50-63 million, and the loss of net profit not attributable to the mother is 48-61 million. The net profit attributable to the mother and the net profit not attributable to the mother are still struggling in the whirlpool of losses.

  The main body of cosmetics business of Qingsong Co., Ltd. is Northbell. Northbell is mainly engaged in cosmetics ODM business, and its main products include masks, skin care products, wet wipes, etc. Its cooperative domestic brands cover many well-known brands of skin care and daily chemical listed companies, such as Perfect Diary under Yixian E-commerce, Winona under Betaine, etc. The cooperative listed companies include shanghai jahwa, Freda, Huaxi Bio, Betaine, etc.

  Although it cooperates with a number of big brands, Northbell’s own profitability is not strong. In 2019, Qingsong acquired 90% equity of Northbell at a price of 2.43 billion yuan, forming a goodwill of 1.366 billion yuan. The corresponding performance commitment is: the audited net profit attributable to the owner of the parent company after deducting non-recurring gains and losses realized by Northbell in 2018 is not less than 200 million yuan; Northbell’s total net profit in 2018 and 2019 is not less than 440 million yuan; Northbell’s total net profit in 2018, 2019 and 2020 is not less than 728 million yuan.

  From 2018 to 2020, Northbell realized net profit of RMB 210 million, RMB 243 million and RMB 287 million respectively, and accumulated net profit of RMB 740 million, fulfilling its performance commitment. After the performance commitment period, Northbell’s performance immediately changed face. In 2021, the operating income was 2.509 billion yuan, down 6.05% year-on-year, and the operating profit was 66 million yuan, which turned from profit to loss year-on-year.

  It is worth noting that in 2023, the company devoted almost all its energy to the cosmetics business and failed to turn losses. According to the company’s performance forecast, in 2023, Northbell’s revenue will decline and its net profit will be lost. It is estimated that its operating income will be 1.9-2 billion yuan, down year-on-year; The estimated net profit loss is 45-38 million yuan.

  Blue Moon sounded a profit warning due to increased marketing expenses? In the first half of the year, sales by category and offline channels dropped sharply.

  On January 17th, Blue Moon Group, which was listed on the Hong Kong stock market, issued a profit warning with pre-reduced performance. It is expected that by the end of fiscal year 2023, the comprehensive profit attributable to shareholders of the company will be reduced by not less than HK$ 230 million compared with HK$ 611.4 million attributable to shareholders of the company for the year ended December 31, 2022.

  According to the company’s announcement, the decrease in expected profit is mainly due to the increase in sales and promotion expenses, including increasing publicity through different sales channels, multimedia, omni-channel and consumer education to enhance the coverage of various sales and distribution channels and new products. It is noteworthy that in the first half of 2023, the company’s sales and distribution expenditure was HK$ 1.059 billion, a year-on-year decrease of 7.7%. This may indicate that in the third and fourth quarters of 2023, Blue Moon Group increased its marketing expenses.

  The core reason for Blue Moon Group to increase its marketing expenditure may still lie in the serious homogenization of products and the unexpected channel development. The slogan "Blue Moon, Creating a New Era of Laundry in China" is deeply rooted in people’s hearts, and the brand of Blue Moon has become synonymous with laundry detergent. At the beginning of 2012, the market share of Blue Moon has reached 52.7%.

  However, due to technical barriers and low barriers to entry, the dividend period of the Blue Moon did not last long. Domestic and foreign daily chemical enterprises urgently laid out the laundry detergent market and raced around the land, and the market quickly became a red sea from the blue ocean.

  In order to compete for market share, brands spare no effort in marketing. Inviting popular stars to speak on their behalf and reducing prices have become the necessary marketing means for going out of the circle. Under this influence, the blue moon’s unique pattern has also been threatened by domestic and foreign brands such as Libai, Carving, Verus, Jinfang and Mystery. Although "winning the first comprehensive share of similar products for N consecutive years" is the core propaganda point of Blue Moon, several head enterprises are evenly matched, and the gap is small. The market share of Blue Moon Group is far less than that in the early stage of industry development.

  With the intensification of brand competition in the market, Blue Moon Group is also slightly passive. In the first half of 2023, the sales of various products of the company fell sharply, of which the income of clothing cleaning and care products was HK$ 1.958 billion, down 20.1% year-on-year. The income from personal cleaning care products was HK$ 120 million, down 47.9% year-on-year; The income from household cleaning care products was HK$ 145 million, down 28.2% year-on-year.

(Sales of products in the first half of 2023 Source: Company Financial Report)

  In addition to product marketing, online and offline channel development is equally important for daily chemical brands. Judging from the channel expansion of Blue Moon in recent years, Blue Moon was removed from KA stores such as RT Mart and Carrefour in June 2015. Although Blue Moon returned to hypermarkets in a low-key manner in 2017, this move also weakened the advantages of Blue Moon’s offline channels to some extent.

  In terms of channels, in the first half of 2023, the sales of offline distributor channels and direct sales to major customers declined significantly. Among them, online channel sales accounted for the highest proportion of HK$ 1.448 billion, down 1.9% year-on-year; The second channel of sales accounted for the offline distributor channel, with sales of HK$ 642 million, down 40.5% year-on-year; The revenue from direct sales to major customers was HK$ 132 million, down 49.5% year-on-year.

(Sales by channel in the first half of 2023 Source: Company Financial Report)

  In the first half of 2023, the sales by category and channel dropped sharply, and the marketing expenses dropped. The company attributed the main reason for the decline in profit to the increase in marketing expenses or it was difficult to convince investors. Specifically, the root cause of Blue Moon Group’s profit decline in 2023 is the decline in sales of a certain category of products, or the decline in sales of a certain channel, as well as the overall inventory situation of the company, which remains to be further analyzed after the company’s official financial report is issued.

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Is it going to snow in Zhejiang? Two cold air impacts Taizhou.

Today (February 2), Zhejiang Meteorological Service Center issued the latest forecast reminder: Before New Year’s Eve, it will be rainy in our province, and there will be sleet or snow in the mountainous areas of central Zhejiang on June 6-7. This also means that before New Year’s Eve, it is expected to snow again in Zhejiang.

In terms of temperature, on the morning of the 6 th, the temperature in our province fell below freezing point, and the lowest temperature was 0 ~-2 C in most parts of the province, with thin ice; The mountainous area is-3 ~-5℃ with freezing.

What’s the weather like next in Taizhou?

↓↓↓

Two cold air effects

Return to fine weather on New Year’s Eve.

Taizhou Meteorological Observatory reminds: Until New Year’s Eve, it was basically rainy weather in our city, and the visibility was low. There were two cold air effects, and the temperature fluctuated greatly. The temperature began to be lower on the 6th.

Before New Year’s Eve, except for cloudy weather during the day on February 5 (next Monday), it continued to rain and the visibility was low. Among them, on February 4th (Sunday), affected by the convergence of cold and warm air, there were showers and local thunderstorms, with moderate rainfall and heavy rain in central and southern areas. In addition, the warm and humid air flow developed from 6 to 7 (next Tuesday to Wednesday), and there was an obvious rainfall process in our city. Rain weakened on the 8th (29th), and it returned to fine weather on the 9th (New Year’s Eve).

The temperature rose on the 3rd to 4th (weekend). A new strong cold air will go south in the middle of the night after the 4th (Sunday), and the temperature will drop obviously in the early part of next week, which is lower than normal. On the morning of 8th to 9th (29th to New Year’s Eve), the minimum temperature dropped to 0 ~ 2℃ in the northern area and 2 ~ 4℃ in other areas.

Coastal gale: there were 8 ~ 9 gale in the coastal sea of our city from the evening of 4th to 9th.

short-range forecast

Today: It’s cloudy with showers sometimes.

Tomorrow: it will rain in the shade.

The day after tomorrow: cloudy to moderate rain, some heavy rain

The highest temperature in the daytime today: 9 ~ 11℃

Minimum temperature tomorrow morning: 5 ~ 7℃

Tomorrow’s urban temperature: 8 ~ 15℃

The acquired urban temperature: 8 ~ 13℃

Coastal sea surface: the wind from north to northeast is 6, and the gust is 7-8.

Taizhou Meteorological Observatory

February 2, 2024

Pay attention to the returning weather

In the next few days, we will usher in the peak period of epic freezing rain and snow, which is also the key period of rain and snow influence in Spring Festival travel rush before the festival.

Starting today, as the south branch trough moves eastward and deepens, the Jianghuai cyclone is generated. Under the double favorable conditions, a large amount of warm and humid air flows directly inland, and in the process of going northward, it meets with the cold air that is constantly infiltrating southward in the north. Under the cold and warm confrontation, it will stimulate a larger and stronger rain and snow freezing weather, of which 3-4 days will be the strongest stage of this round of precipitation.

The freezing rain and snow weather lasts for a long time, which has a great impact on Spring Festival travel rush. It is best to remind returnees to avoid the period of strong rain and snow on February 4, and try to avoid areas with heavy freezing rain and snow in southern Henan, Hubei and other places, pay attention to the weather and road traffic information along the way in time, arrange the travel time and route reasonably, and go home safely.

Open to traffic! Wenling main city takes 10 minutes to get on the expressway.

2024-02-02

In the beginning of the year, Yuhuan played a "combination boxing"

2024-02-02

Notice of Taizhou fire safety centralized attack, investigation and rectification action

2024-02-02

Original title: "Is it going to snow in Zhejiang? Two cold air influences Taizhou.

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700 sanitation workers were invited to hold a crowdfunding banquet in Yichang, Hubei Province.

  On the evening of February 1st, a grand "Dumpling Banquet" was warmly held in Xiling District, Yichang City, Hubei Province, and 700 sanitation workers were hosted by local caring enterprises to welcome the arrival of the New Year. The event also raised 21,000 yuan by crowdfunding to buy one-year family accident insurance for 700 sanitation workers. Mei Jun, deputy head of Xiling District, Yichang City, proposed that caring for the environment should start from everyone, so that sanitation workers can bend their backs less and sweat less, respect their labor results and make the city better. The event was hosted by the Xiling District Committee and District Government of Yichang City, with the support of more than 20 caring enterprises. Photo by Hu Xinyue

  On the evening of February 1st, a grand "Dumpling Banquet" was warmly held in Xiling District, Yichang City, Hubei Province, and 700 sanitation workers were hosted by local caring enterprises to welcome the arrival of the New Year. The event also raised 21,000 yuan by crowdfunding to buy one-year family accident insurance for 700 sanitation workers. Mei Jun, deputy head of Xiling District, Yichang City, proposed that caring for the environment should start from everyone, so that sanitation workers can bend their backs less and sweat less, respect their labor results and make the city better. The event was hosted by the Xiling District Committee and District Government of Yichang City, with the support of more than 20 caring enterprises. Photo by Hu Xinyue

  On the evening of February 1st, a grand "Dumpling Banquet" was warmly held in Xiling District, Yichang City, Hubei Province, and 700 sanitation workers were hosted by local caring enterprises to welcome the arrival of the New Year. The event also raised 21,000 yuan by crowdfunding to buy one-year family accident insurance for 700 sanitation workers. Mei Jun, deputy head of Xiling District, Yichang City, proposed that caring for the environment should start from everyone, so that sanitation workers can bend their backs less and sweat less, respect their labor results and make the city better. The event was hosted by the Xiling District Committee and District Government of Yichang City, with the support of more than 20 caring enterprises. Photo by Hu Xinyue

  On the evening of February 1st, a grand "Dumpling Banquet" was warmly held in Xiling District, Yichang City, Hubei Province, and 700 sanitation workers were hosted by local caring enterprises to welcome the arrival of the New Year. The event also raised 21,000 yuan by crowdfunding to buy one-year family accident insurance for 700 sanitation workers. Mei Jun, deputy head of Xiling District, Yichang City, proposed that caring for the environment should start from everyone, so that sanitation workers can bend their backs less and sweat less, respect their labor results and make the city better. The event was hosted by the Xiling District Committee and District Government of Yichang City, with the support of more than 20 caring enterprises. Photo by Hu Xinyue

  On the evening of February 1st, a grand "Dumpling Banquet" was warmly held in Xiling District, Yichang City, Hubei Province, and 700 sanitation workers were hosted by local caring enterprises to welcome the arrival of the New Year. The event also raised 21,000 yuan by crowdfunding to buy one-year family accident insurance for 700 sanitation workers. Mei Jun, deputy head of Xiling District, Yichang City, proposed that caring for the environment should start from everyone, so that sanitation workers can bend their backs less and sweat less, respect their labor results and make the city better. The event was hosted by the Xiling District Committee and District Government of Yichang City, with the support of more than 20 caring enterprises. Photo by Hu Xinyue

Involving many well-known brands! In one day, more than 30 cars and motorcycles were urgently recalled →

Denso, Japan’s largest auto parts company, continues to ferment the problem of fuel pump defects exposed before. Recently, two Japanese motorcycle manufacturers have also announced a recall because of this problem, and the spread of defective fuel pumps has expanded from cars to motorcycles.
On January 26th, affected by the defect of the fuel pump of Denso Company,Honda announced the recall of three motorcycles.. Another familyJapanese motorcycle manufacturer Yamaha also recalled a model on the same day.The total number of recalls of the two companies is about 3,800. This is also the first time that related problems have been extended to the motorcycle market. At present, 14 related failure reports have been received.
Besides,On the same day, there were four Japanese car companies, Subaru, Mazda, Suzuki and Mitsubishi, which recalled 32 models and about 480,000 cars.At present, there are 202 related failure reports. Denso admitted in official website that the reason for this recall, including motorcycles, is the same as before, because the resin density of the impeller in the fuel pump is low, and it may deform and fail to work normally under the action of fuel, even leading to engine flameout.
In July last year, a Honda car in Japan that used a faulty fuel pump from Denso Company stalled while driving on the expressway and was rear-ended by a rear car, killing one person and injuring two others.
Since 2020, Denso’s defective fuel pump has caused seven Japanese car companies to recall 23 times in Japan, with a total of about 4.3 million vehicles. In addition to private cars, some police cars and ambulances in Japan have also been recalled.
According to Japanese media statistics, Japanese car companies have recalled more than 15 million cars around the world due to the problem of electric fuel pumps. As the largest auto parts manufacturer in Japan and the second largest in the world, it remains to be seen whether the defective fuel pump problem of Denso will be further fermented.
(Source: CCTV Finance)
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SHEIN, the four major brands, linked China’s manufacturing innovation forces to conquer overseas fashion consumers.

Recently, the British media reported an interesting story. In order to cope with the high rent, blogger Eloura got an abandoned RV from Facebook Marketplace for free, and made DIY transformation by buying goods from SHEIN and Amazon. In just four weeks, Eloura successfully converted the wet and dilapidated RV into a warm home and stayed with the children.
The whole transformation process she shared on social media attracted the attention of netizens around the world, and has won more than 1 million views and thousands of likes. Netizens not only appreciated her innovative and practical renovation plan, but also expressed surprise that she only used SHEIN and Amazon online shopping products to complete the whole home decoration and daily necessities.
In fact, China-made products with good quality, low price and fashionable design are deeply loved by overseas consumers. Many bloggers like Eloura are not only keen to explore novel online shopping experiences, but also willing to show their shopping achievements on social media and share various goods purchased from cross-border e-commerce platforms in China through "out-of-the-box" videos.
According to the latest survey released by Women’s Wear Daily, SHEIN, a cross-border e-commerce company from China, is the most enthusiastic purchase channel and fashion brand of "out-of-box" videos on TikTok, and the number of times that "SHEIN" appears in the out-of-box videos accounts for 42% of the total display of household goods and clothing. On this website, the topic about #SHEINhaul has reached an astonishing 14.9 billion views so far.
According to social media websites, the related short video topic of #sheinhaul has received 14.9 billion views.
In online forums and short videos about fashion shopping experience, foreign netizens often mention SHEIN, just like talking about the "rabbit hole" that led Alice to explore the fantasy world. Especially among the young consumers represented by Generation Z, this group of "Internet users", who account for 25% of the world’s total population, are keen to show their individuality and diverse aesthetics, and have become the most active opinion leaders in the field of affordable fashion. They hold a high degree of recognition and buying habits for purchasing fashion clothes on the SHEIN platform. Their product recommendation and sharing behavior (that is, "planting grass show") has greatly promoted other categories of goods on SHEIN to the forefront of the trend.
Let’s look back to China from the front line of overseas trends. Duqiao town, which is near the sea in Zhejiang Province, is the "hometown of glasses" in China, and has been focusing on designing, assembling and manufacturing glasses for more than 40 years. Chen Yuheng, the seller, took over the glasses business from his father’s hand "half-succeeded and half-started". After two years in the SHEIN platform, he successfully built a personal "fashion glasses showcase" in overseas markets. Now, he has successfully launched more than 500 explosions of single products with remarkable achievements.
Before joining SHEIN, Chen Yuheng’s family business focused on providing overseas customers with foreign trade orders for glasses for a long time, and these products were mainly supplied to local supermarkets and large retail markets. Due to the low demand for glasses style updating in such sales channels, companies in Chen Yuheng have long been limited in the production of basic styles, and it is difficult to make a breakthrough in the strategy of going to sea.
After entering SHEIN, Chen Yuheng can face overseas consumers directly, actively combine the trend guidance provided by the platform and innovation of consumption hotspots to make glasses, and constantly try styles, colors and new materials through small-scale measurement, so as to deepen the understanding of market preferences and adjust its production and operation in time.
With the continuous expansion of the target consumer groups, Chen Yuheng needs to design and develop more and more glasses styles, which also promotes the continuous expansion of his team. At present, the cross-border e-commerce business has brought more than half of the sales growth to Chen Yuheng family company. In order to meet the needs of e-commerce business, he personally set up and strengthened the product development department and operation department, and the number of employees in the factory has also successfully doubled. Driven by the booming market demand, thanks to the help of SHEIN platform, Chen Yuheng has successfully upgraded and innovated the traditional glasses production line, greatly improved the production capacity and modernized it, and successfully opened up a new situation in overseas markets.
Based on more than 10 years of global brand experience, SHEIN, one of the four major brands in the world, helps businesses and brands build their global capabilities with full-link digital supply chain capabilities and a huge global marketing network and traffic base, and helps businesses grow throughout their life cycle through diversified operations and operational empowerment. In the future, with the vigorous development and further deepening of the platform strategy, SHEIN will continue to focus on the road of flexibility and lean, and continue to help industrial transformation and upgrading and internationalization. SHEIN also expects more businesses to try to innovate like Chen Yuheng, and explore the market potential together with SHEIN to create more competitive explosive products!
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Nearly 90% of the constituent stocks rose! The favorable financial policy boosted the real estate index to rise by more than 3%

Yang Guangwang Beijing January 26 th news (Reporter Sun Yuxiang Intern Gao Jiashuang)Thanks to favorable financial policies, the real estate sector continued to rise sharply on the 26th.
On the 26th, the Wind real estate index rose by 3.03%. Of the 112 constituent stocks, 99 rose and only 9 fell. The whole day’s turnover was 5.585 billion shares, with a turnover of 26.147 billion yuan.
Recently, the central bank, the General Administration of Financial Supervision, the Ministry of Housing and Urban-Rural Development and other departments have successively issued policies conducive to real estate financing, or actively expressed their support for the stable and healthy development of the real estate market.
According to market analysts, the ability and space of financial support for real estate are expected to be further extended. The favorable policies and positive attitudes of various departments are expected to promote the restoration of confidence in the real estate market and provide room for valuation repair.
On the morning of January 26th, the deployment meeting of the coordination mechanism of urban real estate financing of the Ministry of Housing and Urban-Rural Development emphasized that accelerating the implementation of the coordination mechanism of urban real estate financing was effective, supporting the development and construction of real estate projects, and meeting the reasonable financing needs of real estate enterprises with different ownership equally. All localities should focus on projects, pay close attention to research 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 areas, and accurately and effectively support reasonable financing needs.
On January 25th, the State Council Press Office held a press conference, in which Xiao Yuanqi, deputy director of the State Financial Supervision and Administration, introduced the follow-up work arrangements in the real estate field. On the evening of January 24th, the General Administration of Financial Supervision and the People’s Bank of China jointly issued the Notice on Doing a Good Job in the Management of Operating Property Loans.
The press conference on the 25th put forward four key points on the recent financial work in the real estate sector. They are: accelerating the implementation of the coordination mechanism of urban real estate financing, and pushing the list of real estate projects that can be given financing support to financial institutions within their respective administrative areas under the coordination mechanism led by the city government.
Guide financial institutions to implement the management requirements of operating property loans, especially to clarify that the operating property loans issued can be used to repay the stock loans of housing enterprises and issue open market bonds before the end of this year.
Continue to do a good job in personal housing loan financial services, and further optimize personal housing loan policies such as down payment ratio and loan interest rate due to the city’s policy.
It is required to vigorously support the construction of "three major projects" (affordable housing construction, "flat and emergency dual-use" public infrastructure construction, and urban village reconstruction) and form a physical workload as soon as possible.
"The new regulations on operating property loans are expected to ease the pressure of capital outflow of enterprises in 2024, which is conducive to the inflow of corporate financing cash flow and to improving the confidence of the main body of the industrial chain." According to the research report of CITIC Securities, in addition, demand-side policies such as declining mortgage interest rates will also help to support the real estate market.
The research report of CICC believes that the ability and space of financial support for real estate may be further extended in combination with the recent monetary policy adjustment (RRR reduction) of the central bank. In addition to certain achievements in the field of property security, the financing support for real estate projects under the principle of marketization and rule of law is expected to be more accurate and sufficient in the future, and the development enterprises can obtain a certain increment in operating property loans, which is expected to have a positive effect on relieving potential cash flow pressure. The "three major projects" are also expected to get more financing support besides PSL tools to support the acceleration of physical work.
The open source securities research report also said that since 2024, the "three major projects" have accelerated significantly, or will stimulate real estate investment.
"A series of statements made by relevant ministries and commissions are expected to promote the restoration of confidence in the real estate market and provide valuation repair space for the sector." Huatai Securities Research Report also pointed out that the sustainability of repair depends on the speed and extent of fundamental repair.
In view of the investment prospects of the real estate sector, the open source securities research report said that the current valuation level, allocation ratio, market expectation and industry fundamentals of the real estate sector are at a low level, and the policy window period is worthy of attention. "Continue to be optimistic about strong credit housing enterprises with high investment intensity, excellent layout area and marketization mechanism."
The research report of CICC suggests paying attention to high-quality dividend stocks and "three major projects" concept stocks. At the same time, if the recently introduced supply and demand policies gradually form a joint force to promote the actual improvement of fundamentals in the medium term, the average-quality housing enterprises with valuation advantages will also benefit.
At the same time, the State Council State-owned Assets Supervision and Administration Commission (SASAC) recently stated that it will assess the market value management of central enterprises, and many institutions expressed optimism about real estate central state-owned enterprises.
"The valuation and performance of real estate central state-owned enterprises are double-bottomed, and the layout value appears." Guojin Securities Research Report said that at the valuation level, the current A-share real estate sector PB valuation has dropped to 0.65 times, typical central state-owned enterprises such as A-share Poly Development PB valuation is 0.59 times, Hong Kong stock China Overseas Development PB valuation is 0.34 times, and China Resources Land PB valuation is 0.66 times, all of which have fallen to the bottom of history; On the performance level, the short-term performance of real estate enterprises has been under pressure due to the decline of gross profit margin and the increase of impairment. However, high-quality central state-owned enterprises such as Jianfa, Huafa and Yuexiu still have positive growth in sales at the operating end, which supports the improvement of future performance.
"The State-owned Assets Supervision and Administration Commission will assess the market value management of central enterprises. It is expected that high-quality central state-owned enterprises will boost market confidence by increasing the dividend ratio (increasing the dividend rate under low valuation), increasing the holdings of major shareholders, and repurchasing companies, and the value of the bottom layout will appear." Guojin Securities Research Report said.
CITIC Securities Research Report also emphasizes that the operating cash flow of central enterprises in real estate continues to be positive, which has a solid foundation for increasing the dividend ratio. It is expected that the cash dividend ratio of outstanding central enterprises in 2023 will increase compared with previous years, and they are optimistic about development enterprises with high-quality assets and operational capabilities and the head asset operation platform.(Yang Guang Capital Eye)
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People’s Bank of China welcomes overhaul by law: emphasizing the independence of monetary policy and increasing penalties for violations.

  After a lapse of more than ten years, another important law in the financial industry ushered in a major overhaul.

  A few days ago, the People’s Bank of China drafted and issued the Law of the People’s Republic of China on the People’s Bank of China (Revised Draft for Comment) (hereinafter referred to as the Draft for Comment), making it clear that any unit or individual is prohibited from making and selling digital tokens, which does not involve the monetization of the fiscal deficit. The upper limit of fines will be raised to 20 million yuan, and the statutory duties of the central bank will be greatly expanded.

  This revision emphasizes financial services to the real economy, strengthens financial macro-control, and modifies and improves the responsibilities of the central bank; Establish a dual-pillar regulatory framework of monetary policy and macro-prudential policy, improve the overall supervision system of systemically important financial institutions, financial holding companies and important financial infrastructure, and increase penalties for financial violations.

  "This is a major revision." Dong Ximiao, chief researcher of Zhaolian Finance, said in an interview with China Business News that under the background of major changes in the current international and domestic economic and financial environment, amending the Law of the People’s Bank of China with the times and strengthening the responsibilities of the People’s Bank of China in macro-prudential supervision and prevention of financial risks will help improve the system construction, create a more suitable legal environment for preventing and resolving financial risks and maintaining financial stability, and also help promote the financial industry to better serve the real economy.

  According to the central bank, the revision of the Law on the People’s Bank of China is necessary for building a modern central banking system and preventing and resolving systemic financial risks, and it is also in line with the trend of international financial regulatory reform.

  Establish a macro-prudential policy framework

  The Draft for Comment includes general provisions, organization, RMB, business, supervision and management responsibilities, supervision and management measures, financial accounting, legal responsibilities and supplementary provisions, with a total of 9 chapters and 73 articles.

  From the content, it mainly involves eight aspects: emphasizing financial services to the real economy and strengthening financial macro-control. The responsibilities of the People’s Bank of China have been revised and improved. Establish a dual-pillar regulatory framework of monetary policy and macro-prudential policy. Improve the overall supervision system for systemically important financial institutions, financial holding companies and important financial infrastructure. Give further play to the role of the People’s Bank of China in maintaining financial stability and preventing and handling systemic financial risks.

  And, improve the RMB management regulations, improve the governance system of the People’s Bank of China, improve the means of performing duties of the People’s Bank of China, and increase penalties for financial violations.

  In terms of revising and improving the functions of the People’s Bank of China, it is clear about drafting major laws and regulations of the financial industry, formulating the basic system of prudential supervision, taking the lead in taking charge of systematic financial risk prevention and emergency response, three "overall plans", and organizing and implementing national financial security review.

  In establishing a dual-pillar regulatory framework of monetary policy and macro-prudential policy, the monetary policy toolbox has been improved and the flexibility of monetary policy tools has been moderately increased; Establish a macro-prudential policy framework, clarify the macro-prudential policy objectives, focus on strengthening countercyclical regulation and penetrating supervision, and improve the macro-prudential policy toolbox of financial institutions such as countercyclical capital buffer, risk reserve and stress testing.

  In this regard, Dong Ximiao told the First Financial Reporter: "This revision has made major adjustments to the responsibilities of the People’s Bank of China, increased the macro-management responsibilities of the financial market and financial system, given the central bank the right to draft major laws and regulations on the financial industry, and coordinated the supervision of important financial institutions, financial holding companies and financial infrastructure. This will help improve the modern central banking system, further strengthen supervision and coordination, better meet the new requirements put forward by the development and changes of the financial situation on the central bank’s responsibilities, and also conform to the changing trend of international financial supervision. "

  Provide legal basis for issuing digital currency.

  The issue of digital RMB by the central bank has always been the focus of the market, and this revision provides a legal basis for issuing digital currency.

  Sun Haibo, president of the Institute of Financial Supervision, recently wrote an article analyzing that the formal inclusion of digital currency in the legal tender form has become the legal basis for digital currency to formally implement it nationwide, which will have a far-reaching impact on the management system reform of the payment system and the internationalization of the RMB.

  "Draft for Comment" improves RMB management regulations. Article 19 clearly states that "RMB includes physical form and digital form".

  Article 22 stipulates that no unit or individual may make or sell token tickets and digital tokens to replace RMB in circulation in the market.

  In addition, Article 65 also provides penalties for making and selling token coupons and digital tokens instead of RMB circulating in the market: The People’s Bank of China shall order it to stop its illegal activities, destroy the illegally made and sold token coupons and digital tokens, confiscate its illegal income and impose a fine of less than five times the illegal amount; If the illegal amount cannot be determined, a fine of not less than 100,000 yuan but not more than 500,000 yuan shall be imposed.

  Moreover, in the eyes of the industry, the "Draft for Comment" is equivalent to reaffirming the previous seven ministries and commissions, and at the same time upgrading from legal documents to legal level.

  In fact, as early as September 2017, ICO had been sentenced to "death penalty" by supervision. China People’s Bank, China Banking Regulatory Commission and other seven ministries and commissions jointly issued the Announcement on Preventing the Financing Risks of Token Issuance, which indicated that the financing of Token Issuance is essentially an unauthorized illegal public financing, which is suspected of illegal selling of token coupons, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal and criminal activities. Since the date of announcement, all kinds of token issuance financing activities shall be stopped immediately. Organizations and individuals that have completed the financing of token issuance shall make arrangements such as repaying, reasonably protect the rights and interests of investors, and properly handle risks.

  Xiao Sa, a partner of Beijing Dacheng Law Firm, believes that the "Draft for Comment" accurately locates the illegality of the behavior, and ICO is not only an illegal act but also a crime. After the law is passed in the future, the possible result is that some ICO behaviors or companies that sell tokens will be investigated by criminal law. In the future, the selling behavior, manufacturing behavior and financial behavior of currency circles may be identified as crimes.

  No mention of monetization of fiscal deficit, raising the upper limit of fines

  During the epidemic, "monetization of fiscal deficit" became the focus of debate. According to the existing laws and regulations, the People’s Bank of China may not overdraw the government’s finances, and may not directly subscribe for or underwrite government bonds and other government bonds.

  Judging from the "Draft for Comment", this revision does not involve the monetization of fiscal deficits, and once again emphasizes the independence of monetary policy.

  Article 32 stipulates that the People’s Bank of China shall not overdraw the government finances, and shall not directly subscribe for or underwrite government bonds and other government bonds. The People’s Bank of China shall not provide loans to local governments and government departments at all levels, nor to non-bank financial institutions and other units and individuals, except that the State Council has decided that the People’s Bank of China may provide loans to specific non-bank financial institutions.

  Wang Yuling, president of Wuhan Branch of the People’s Bank of China, previously said that at present, the effect of direct access of monetary policy to the real economy is emerging. With the deepening of supply-side structural reform, the coordination between monetary policy and fiscal policy is constantly strengthened, and the blocking point of financial support for the real economy will be further opened. There is no need to adopt the extreme policy means of monetizing fiscal deficit. The revision of laws should not only meet the needs of economic development, but also maintain certain stability and create stable expectations for the market. The system that the central bank and the finance perform their respective duties and have clear boundaries is suitable for the current needs.

  Dong Ximiao believes that adhering to the requirement that "the People’s Bank of China shall not overdraw the government finances, and shall not directly subscribe for or underwrite government bonds and other government bonds" is the bottom line requirement for serious financial discipline, preventing the monetization of deficit problems, inflation and asset bubbles. From a practical point of view, China adheres to the normal monetary policy, and the monetary policy space is still large, so it is not necessary to implement unconventional monetary policies such as direct purchase of government bonds.

  In addition, the Draft for Comment stipulates that one of the monetary policy tools that the People’s Bank of China can use is to provide loans to commercial banks, rural credit cooperatives, rural cooperative banks, policy banks and development banks. Compared with the current law, the expression of providing loans to credit cooperatives, policy banks and development banks is added.

  In addition, in the expression of monetary policy, the original "determining the benchmark interest rate of the central bank" was changed to "determining the policy interest rate of the central bank". Sun Haibo believes that mainly due to the interest rate marketization reform, the central bank loan has cancelled the guiding interest rate and changed to LPR pricing, and the future deposit marketization is still expected.

  In view of the low cost of illegal activities in the financial market, the "Draft for Comment" increased the punishment for financial illegal activities, and stipulated that the punishment for serious illegal activities could be aggravated, and the upper limit of the fine was raised to 20 million yuan; The institutions that have obtained the approval of the People’s Bank of China shall be ordered to suspend their business, revoke their licenses, and be banned from the market.

  Dong Ximiao said that the direction and principle of strengthening strict financial supervision in the Revised Draft remain unchanged, giving the People’s Bank of China the right to inspect and investigate, and greatly increasing the punishment for financial violations. Setting up Chapter VI "Supervision and Management Measures" and giving the central bank the power to inspect and supervise financial institutions and other units and individuals will help the central bank to better perform its duties and enhance its authority and supervision effectiveness.