May 4th (Zhao Jiaran), the client of Sino-Singapore Jingwei, unconsciously, the "May Day" holiday is coming to an end, and the clarion call for construction has sounded again. Whether you are traveling outside or staying in bed at home, have you successfully "returned to blood" after the holiday adjustment? Do you feel a little stressed when you think about the next six working days?

　　With the rise of "decompression economy", merchants have customized many products according to the new characteristics and new demands of consumption, ranging from a few yuan with low prices to thousands or even hundreds of thousands of yuan. Follow Jingwei Jun to see if there is any decompression method you like?

　　1-10 yuan: "Decompression artifact" is favored by office workers.

　　Toys have never been children’s patent. On the Internet, some small toys that focus on decompression and venting have become "online celebrity" products in the adult world because of their novel shapes and creative humor.

　　Searching for "decompression" keywords on the e-commerce platform can find thousands of different commodities. Hot-selling toys include venting dumplings, screaming chicken, decompression Rubik’s cube, fingertip gyro, foaming glue, etc., and the prices are usually relatively low, and they can be purchased in 10 yuan.

　　Zhongxin Jingwei saw on the purchase page of a rubber toy in the shape of a small animal that this kind of toy is called "decompression artifact". Each toy is only sold in 1 yuan, but its monthly sales volume has exceeded 20,000. Judging from the comments, many consumers who buy such toys are adults.

　　Another decompression toy seems to be specially made for working people: an enter key bigger than a mouse pad and connected to a computer, which does have the function of the enter key. The store said that the original intention of this toy design is to vent and decompress, and it will not disturb others. Many netizens who bought this product said: "I used to beat the table, but now my temper has converged!" "The whole office came to clap."

　　However, Zhongxin Jingwei noticed that some buyers reported that the rubber toys they bought had problems such as "strong taste", "serious color fading", "very sticky hands" and "easy to damage". In addition, some decompression toys are not accompanied by certification marks such as quality certificate and manufacturer’s logo when they are delivered.

　　According to media reports, recently, the light industrial products laboratory of SGS Tongbiao Standard Technical Service Co., Ltd. conducted safety tests on 11 decompression toys. The results show that there are 7 toys with potential safety hazards. Among them, boron and lead in a magnetic plasticine exceeded the requirements of EU toy standards; Phthalate plasticizers were detected in online celebrity "Screaming Chicken" samples, which exceeded the national toy standard by more than 400 times. The radiation value of the blue LED lamp in the luminous fur ball is too high, which may cause retinal damage.

　　It seems that it is really "the decompression is not standardized, and the relatives have two tears"!

　　10-100 yuan: Single white-collar workers are keen on "playing with" service.

　　With the increasing anxiety of urban single youth, the "companion economy" came into being under the birth of "lonely economy". Although the business activities in the form of companionship and chatting have already appeared, there are still new forms in the past two years.

　　Wang Fei (a pseudonym), a 27-year-old single "Beipiao", told Zhongxin Jingwei that she was busy at work on weekdays and had a rather "homebody" personality, and she liked to watch live broadcasts in her spare time. Recently, when he watched the live broadcast, he learned about the "play with" business and wanted to try it on a whim.

　　Many businesses on the Internet have launched "play-along" services. In an online shop consulted by Wang Fei, the customer service said that the play-along price of popular games such as exciting battlefield and League of Legends is the same, which is one game in 12 yuan or one hour in 20 yuan. The store said that the players are all "game gods", which can not only chat during the game, but also help customers improve their game level. According to the difference of customers’ needs, merchants will also provide different play services, and the highest price is in 40 yuan/hour.

　　"It may be mentioned that there are businesses such as playing and chatting. There will always be people who think of the soft porn industry or other illegal operations, but there are many people who simply seek companionship. Just find an interesting teammate." Wang Fei told Zhongxin Jingwei that he now spends about 100 yuan every month on playing, which is equivalent to two or three meals.

　　Some studies have said that the companion economy may be the next billion-dollar market. According to the research released by Guojin Securities Research Institute, in December 2018, the total number of monthly active users of companion apps reached 42.13 million, including 16.67 million free apps and 25.46 million paid apps. In the view of Guojin Securities Research Institute, by 2025 or so, the market scale of accompanying economy may reach the current live broadcast market scale, that is, 40-50 billion yuan.

　　100,000+:Are you there? Take time to go for a walk in Antarctica.

　　It is common practice for many people to travel during holidays to "escape" the pressure in their work and life. At present, with the strengthening of the commercialization of tourist attractions and the rapid development of the domestic tourism market, many travel agencies are seeking differentiated services, and Antarctic travel has gradually entered the public eye.

　　Ms Liao, who lives in Beijing, has already started preparing for her trip to Antarctica at the end of this year. For her who loves traveling, the scenic spots and itineraries at home and abroad are gradually routinized, and the itinerary will more or less include shopping, while the polar regions that were rarely visited before give her a mysterious and relaxing feeling.

　　"Travel agencies require reservations more than 100 days in advance, and only two tours are organized each year, so I can only make an appointment to leave at the end of this year." Ms. Liao said that some people think that this kind of entertainment is expensive and cost-effective, but she thinks that this kind of travel away from the hustle and bustle of the city can not only reduce the pressure of urban life, but also satisfy her curiosity.

　　Wang Kaijun, the founder of Beijing Wuzhouxing International Travel Service, said in an interview with Zhongxin Jingwei that the company has launched Antarctic tourism projects for several years, but in recent years, with the improvement of the internal hardware and the improvement of the itinerary of cruise ships, Antarctic tourism has become more popular. Although the journey is long, and even part of the journey is not so comfortable, the Antarctic still attracts groups of tourists with its unique characteristics.

　　"It takes more than 20 days before and after the Antarctic tour, so many employees can’t take time, but they can still see young tourists." Wang Kaijun said that according to the different modes of travel, the number of scenic spots and the conditions of cruise ships, the charge standard for Antarctic tour of Wuzhou Tour is usually 80,000-100,000 yuan or higher.

　　According to "Chinese Antarctic Tourism Report 2018-2019" released by Ctrip, tourists who book polar travel on Ctrip can spend up to 640,000 yuan for a single person to go to Antarctica or South America+Antarctica, with a minimum of 50,000 yuan and a per capita spending of about 110,000 yuan. According to the report, 46.5% of Antarctic tourists are born after 1980s.

　　In addition, many travel products now take healing and decompression as their selling points, aiming to distinguish them from "punch-in" tourism. The person in charge of Caesars Tourism in Beijing told Zhongxin Jingwei that in recent years, domestic consumers have more diverse ways and choices of travel, and some travel products that focus on relaxing, such as hiking, yoga and meditation, have been favored by urban consumers.

　　There are thousands of ways to decompress, perhaps the one that suits you best is not necessarily the most expensive. In the face of pressure, will you choose to take a sleep to ease it, or reward yourself with your labor income? Please share your unique decompression method with us! (Zhongxin Jingwei APP)

　　CCTV News:On April 29th, the joint prevention and control mechanism of the State Council held a press conference, and asked the medical team of Beijing Hospital to tell the story of personal experience and fighting the epidemic together with the medical staff and heroic people in Hubei, and to answer questions from the media.

　　The reporter asked: The Department of Traditional Chinese Medicine of Beijing Hospital is a national key clinical specialty. What experience does it have in the field of traditional Chinese medicine in the process of aiding Hubei?

　　Xi Huan, executive vice president of Beijing Hospital, said that when Beijing Hospital set up a medical team, especially when it set up the second batch of medical teams on February 6, it had already considered some multidisciplinary organizational systems, including the selection of medical personnel from Chinese medicine departments.

　　On the front line of Wuhan, the director of Chinese medicine department of Beijing Hospital insisted on going deep into the ward every day to understand the changes of the condition. After the active efforts of Beijing Hospital and the cooperation and support of Tongji Sino-French New Town Campus, the medical team of Beijing Hospital’s aid to Hubei can carry out prescription treatment by using the method of Chinese medicine-free decoction granules.

　　The decoction pieces of traditional Chinese medicine need to be decocted. After it is granulated, it can be easily combined into a prescription, which is convenient for oral administration. In this way, Chinese medicine experts can truly achieve the treatment based on syndrome differentiation according to the principles of traditional Chinese medicine and the condition of each person. Different methods such as invigorating the spleen, clearing away lung heat, removing dampness and eliminating phlegm are used for different people.

　　In the process of traditional Chinese medicine treatment, the medical team of Beijing Hospital’s aid to Hubei not only used the mature Chinese patent medicines and prescriptions that everyone has recognized, but also adopted the method of dialectical treatment for each patient.

　　In addition, according to the statistics of the hospital’s information system every day, the utilization rate of traditional Chinese medicine among patients in the wards under management has reached more than 95%. Except for a few critically ill patients or those who have been treated with invasive ventilators, it may not be suitable to use traditional Chinese medicine, especially the method of prescription decoction, all patients who can use it have been treated with traditional Chinese medicine. In the process of treatment, the method of traditional Chinese medicine has played a very good role in treating the overall condition and improving the cure rate.

　　From the perspective of western medicine, in view of the lack of specific drugs in Covid-19, all the patients with pneumonia in Covid-19 treated by the Hubei Medical Team of Beijing Hospital adopt a comprehensive treatment method, and western medicine is also a comprehensive treatment method. In the comprehensive treatment, Chinese medicine has played its due role.

Image source: Nanfang Daily

　　From November 18th to 19th, the first "Bright Cup" cycling race between the two sides of the Taiwan Straits and Hong Kong and Macao was held in Shenzhen. 210 contestants from both sides of the Taiwan Strait and Hong Kong and Macao competed on the spot, and nearly half of them came from Taiwan, Hong Kong and Macao. This event is an important part of the 2023 Cross-Strait Exchange and Integration Month series. The competition adopts a novel competition system of circling and scoring, and on the 18th and 19th, several rounds of competitions are held to decide the champions of each group.

　　In addition, this year’s competition also carried out supporting activities such as bicycle carnival, parent-child activities of roller coaster, and "natural dream starry night", which allowed athletes to experience test riding, taste food and share extreme challenge stories face to face.

　　Camellia oleifera fruit picker invented by Li Lijun team of Central South Forestry University. Photo courtesy of Zhongnan Forest

　　Changsha, December 25th (Reporter Xu Zhixiong correspondent Zou Min Zhou Ying) "Our invention has been recognized as reaching the international advanced level." On 25th, Li Lijun, Dean of School of Mechanical and Electrical Engineering, Central South University of Forestry and Technology, proudly said that this newly-developed machine can match the working efficiency of 30 laborers in the past.

　　Tea oil is as famous as olive oil, and is also called "the king of oil", which has unique nutritional value. At the same time, tea oil is also a unique oil species in China, with a history of cultivation and utilization of more than 2,300 years. However, for a long time, because Camellia oleifera grows in the mountains, tea seeds need to be picked completely by hand. "It is difficult to hire people and the labor cost is high" has become a bottleneck that seriously restricts the development of the tea oil industry, and it also directly leads to the continuous rise of tea oil prices, which makes ordinary people discouraged.

　　Camellia oleifera fruit picker being tested. Photo courtesy of Zhongnan Forest

　　Therefore, as early as 2009, the scientific research team of Central South University of Forestry and Science headed by Li Lijun began to study the replacement of manual picking of tea seeds with machines. In the past ten years, they have traveled all over the main tea-oil producing areas in Hunan, fully investigated the planting and picking characteristics of tea-oil trees, and constantly tackled technical problems and improved the prototype of tea-oil tree fruit picker.

　　In view of the characteristics of Camellia oleifera forest, such as complex terrain, random tree shape and synchronous flowers and fruits, Li Lijun team listed four kinds of Camellia oleifera fruit picking methods, made nine rounds of prototypes, broke through seven key technologies, and made a lot of prototype tests, and finally the shaped Camellia oleifera fruit picker came out.

　　"This machine not only has a smart ‘ Picker ’ It can be used for various tree-shaped operations and can walk freely in complex environments such as steep slopes. " Li Lijun said that the most important thing is that it can accurately match the energy, so as to achieve only picking the fruits without damaging the flowers or affecting the yield of tea seeds.

　　Li Lijun said that at the just-concluded evaluation meeting of "Research on Key Techniques and Equipment of Camellia oleifera Fruit Picking" held by Hunan Forestry Society, the Camellia oleifera Fruit Picker of Central South Forestry University was recognized as having solved the problems of efficient picking of Camellia oleifera fruit and less flower loss, and the technology realized independent innovation, the equipment was reliable and practical, and the research results reached the international advanced level. "We plan to use one to two years to promote the beautification, multifunction, intelligence and serialization of Camellia oleifera fruit pickers, and realize mass production to benefit the majority of forest farmers." (End)

On April 26, 2020, with the announcement of the withdrawal of the last four poverty-stricken counties, all 11 poverty-stricken counties in Ganzhou City, Jiangxi Province took off their hats and basically got rid of regional overall poverty. In this tough battle to get rid of poverty, the old area in southern Jiangxi has handed over a satisfactory answer sheet to get rid of poverty by insisting that Qingshan does not relax. The number of poor people in the city decreased from 1,150,300 at the beginning of precise poverty alleviation to 28,200 at the end of 2019, and the incidence of poverty dropped to 0.37%.　

Gannan has entered the "post-poverty alleviation era", but the cadres and the masses here have not stopped moving forward. Half a month, the reporter visited this old revolutionary base area and developed a hot spot, and found that local innovations used various measures such as early warning and monitoring, industrial guidance, and insurance coverage to weave a network to prevent poverty, helping the people in the old areas embark on the road of stable poverty alleviation and well-off life.　

Fruit farmers in Tanbu Village, Wangmudu Town, Ganxian District, Ganzhou City are picking navel oranges. Photo by Zhang Haobo

Early warning and monitoring: early detection and early rescue

At the end of 2019, Song Xin, a poor household in Chishui Village, Lishi Town, dingnan county City, Ganzhou City, Jiangxi Province, went to Guangdong for medical treatment because of compound thalassemia, and paid 23,000 yuan at his own expense.

After Song Xin just paid the fee, the relevant departments in dingnan county obtained this information, and immediately included Song Xin in the minimum living allowance according to the procedure, and at the same time provided temporary assistance. At the beginning of 2020, he was given a one-time temporary assistance of 4,500 yuan. Now, thanks to government assistance, Song Xin has a monthly subsistence allowance of more than 1,800 yuan, and the family’s life has improved significantly.

The story of Song Xin’s rescue is the epitome of Ganzhou’s innovative measures and the implementation of the early warning mechanism of poverty. "Through real-time data transmission, if poor households pay more than 10,000 yuan out of pocket in the hospital, we will get relevant information and provide them with necessary assistance." Liu Jianfei, chief of the treatment and protection section of Ganzhou Medical Insurance Bureau, said.

All 11 poverty-stricken counties have "lifted their hats" and basically got rid of regional overall poverty … … In the face of the staged victory in tackling poverty, Ganzhou City has not been careless and relaxed. On the contrary, it has continuously increased the risk of preventing poverty and returning to poverty, and fully implemented the early warning mechanism for poverty and returning to poverty.

Zhong Xiaochun, deputy director of the Ganzhou Poverty Alleviation Office, said that Ganzhou relies on the national poverty alleviation and development information system, big data technology and other information means to understand the situation of unstable poverty-stricken households and poor marginal households whose annual per capita disposable income is about 1.5 times lower than the national poverty alleviation standard and have the risk of returning to poverty through mass declaration, daily investigation of grassroots cadres and early warning screening of relevant industry departments, and comprehensively grasp the risk points.

Grandma Liao Xiuying, winner of the National Poverty Alleviation Award Endeavour Award, showed salted duck eggs to tourists at home in Fenggang Village, Yeping Township, Ruijin City, Ganzhou. Photo by Qing Liu

"As long as risks are discovered, relevant departments such as civil affairs and medical insurance will immediately contact the masses to prevent problems before they happen." Kang Renlu, deputy director of Ganzhou Civil Affairs Bureau, said. In addition, in order to give full play to the early warning function of temporary assistance, Ganzhou city has also delegated the approval authority of temporary assistance of more than 3,000 yuan to towns and villages, and comprehensively standardized the assistance situation, procedures and amount of emergency assistance, expenditure assistance and basic living difficulties.

By mid-October 2020, among the 28,200 poverty-stricken marginal households and monitoring households in Ganzhou City, 15,800 objects that meet the conditions of civil security are included in the scope of rural subsistence allowances, destitute support or other civil assistance.

Industrial upgrading: solid foundation and long-term benefit

Goose village, with a high mountain and a long road, is about 15 kilometers away from the central town of Xiaoxi Township, Yudu County. Many years ago, after the collapse of his old house in the village, it was considered that it was difficult to find a way out in the ravine. Zeng Biao, a poor household in Epo Village, took a family of five to rent a house in Duxian County, and the whole family relied on him to go out to work to make a living.

In recent years, Ganzhou city has carried out the relocation of deep-mountain immigrants in an all-round way, and built industrial bases in ex situ poverty alleviation relocation sites. In October 2018, Zeng Biao’s family moved into the resettlement site in the central town of Xiaoxi Township, and at the end of 2019, they took the initiative to contract a 10-mu vegetable greenhouse, with an annual income of 100,000 yuan. "I have my own house, a stable income, and high-quality educational resources. This is something I didn’t even think about before." Zeng Wei said.

Family members of poor households in Huoran Village, Shashi Town, zhanggong district City, Ganzhou City, engaged in mushroom production in the low temperature environment of poverty alleviation workshop, realizing employment and poverty alleviation. Photo by Li Chuancai

Li Heng, secretary of the Party Committee of Xiaoxi Township, said that the most fundamental thing for poor households to get rid of poverty and not return to poverty is to rely on industrial development. At this point, Ganzhou cadres and masses have a high degree of consensus. Li Zhongtao, member of the Standing Committee of Yudu County Committee and Minister of Propaganda, said that the annual output value of Yudu textile and garment industry has exceeded 40 billion yuan, making it a regional industrial center, which not only promotes local economic development, but also provides stable jobs for a large number of poor households, effectively preventing them from returning to poverty.

It is understood that Ganzhou city has taken various measures to promote industrial upgrading, especially to increase support for agricultural industries with significant poverty-stricken effects. Local professional vegetable farmers are introduced to provide farmers with planting demonstration and technical guidance, and agricultural experts are hired to serve in the countryside to help coordinate and solve the loan problem … … With the help of these policies, in addition to the traditional Gannan navel orange, greenhouse vegetables and special farming have become the new highlights of Ganzhou’s poverty alleviation industry.

On May 23, 2020, Yuan Shougen (left), the "first person to introduce navel oranges in southern Jiangxi", was teaching navel orange planting techniques in Kexiang Orange Garden in Changgang Village, Datang County, Ganzhou City. Photo by Qing Liu.

Zhong Daying is a poverty-stricken household in Bailu Township, Ganxian County. Due to congenital polio, his hand and foot mobility and language ability are greatly affected, but his intelligence is normal and he has a strong desire to get rid of poverty. In 2015, the Bailu Township Party Committee and the government formulated a specific poverty alleviation plan for him, providing accurate assistance in industrial development, technical guidance and fund raising.

Today, Zhong Daying has planted 20 mu of navel orange, 10 mu of chestnut and 10 mu of grapefruit, and raised more than 5,000 chickens every year, which not only achieved poverty alleviation, but also became the leader of poverty alleviation in the village. "Thanks to the help of the government, I can develop and get rid of poverty so quickly." Zhong Daying happily introduced the new house he was building to the reporter who talked for half a month, and his confidence in the future was written on his face.

Poor households in Dayou Township, Shicheng County, Ganzhou City work in Baiqi Planting Base of Xiayi Village, Huang Yuanyuan.　absorb

Poverty prevention insurance: the bottom line against accidents

In recent years, Ganzhou has built a protective line for the masses through many measures, but various poverty-causing risks still exist. In this regard, Ganzhou City took the lead in innovating and implementing "precise poverty prevention insurance" in the province, and explored the construction of a long-term mechanism to prevent poverty.

"In practice, Ganzhou City found that rural low-income households on the edge of poverty and poverty-stricken households with unstable per capita income are easy to return to poverty and are likely to become ‘ Poverty increment ’ Therefore, the innovative development of ‘ Accurate poverty prevention insurance ’ The premium is subsidized by the government. " Wen Yanping, a second-level researcher of Ganzhou Banking Insurance Supervision Branch, said, "This insurance does not talk about profit, but only about social responsibility."

After nearly three years of exploration, the target of accurate poverty prevention insurance has expanded from rural "two non-households" to urban poor people; The scope of protection has expanded from the initial three risks of illness, school and disaster to six risks of illness, school, disaster, accident, loss of means of production and unemployment; The compensation standard has also increased from the original maximum of 90,000 yuan per person to 200,000 yuan.

Rencun Village, Egret Township, Ganxian County is geographically remote, and some villagers make a living by farming. "In recent years, crops have often been destroyed by wild boar, and everyone can only ‘ Break your teeth and swallow it in your stomach ’ 。” Guo Lilin, the first secretary of Liren Village, said.

Yang Huaigao, a 68-year-old poor household, is one of them. Yang Huaigao’s family of nine people, except for his son-in-law who goes out to work, has some income, and their daily expenses depend on 5 mu of rice fields at home and camellia oleifera in the mountains. In October 2019, the high-quality rice that was about to be harvested was damaged by wild boar for more than 4 mu, and Camellia oleifera also lost more than 5,000 yuan due to drought. "I thought there was nothing I could do about it. I could only save a little." Yang Huaigao said.

After learning about the situation of Yang Huaigao’s family and the policy of "precise poverty prevention insurance", the village reported his family’s situation. In the end, Yang Huaigao received a compensation of 10,800 yuan. Faced with this unexpected compensation, Yang Huaigao was overjoyed and kept "thanking the party and the government for their good policies".

The Council of Zhongli Breeding Professional Cooperative in Shuinan Village, Dayou Township, Shicheng County, Ganzhou City paid dividends to poor households. Photo by Huang Yuanyuan

By September, 2020, 20 counties (cities, districts) in Ganzhou City had carried out poverty prevention insurance, with an insurance amount of more than 28.22 million yuan, benefiting 1,353,900 people, and 1,147 insurance claims, with an insurance claim amount of more than 5.44 million yuan, effectively preventing more than 1,000 families from falling below the poverty line.

　

　

　

　

　　[News] Recently, Chongqing Automobile Co., Ltd. filed a recall plan with the General Administration of Quality Supervision, Inspection and Quarantine according to the requirements of the Regulations on the Management of Defective Automobile Product Recall, and decided to recall CS75, CS35, Zhishang XT and other models from March 31, totaling 121,003. The detailed models are as follows:

『CS75』

Rui Cheng and CS35』

"to Shang XT and"

● Recall models:

　　(1) A total of 21,538 CS75 and Ruicheng vehicles were produced from January 3, 2015 to February 12, 2015 (inclusive);

　　(2) A total of 65,686 vehicles of CS35, Yidong, Zhishang XT and V7 were produced from December 9, 2014 to January 30, 2015 (inclusive);

　　(3) A total of 14,334 CX20 vehicles were produced from December 1, 2014 to January 30, 2015 (inclusive);

　　(4) A total of 19,445 automobiles were produced from December 5, 2014 to February 27, 2015 (inclusive).

● Reason for recall:

　　Due to the supplier’s production batch, the oxidation resistance of vehicles within the scope of this recall is insufficient, which may cause the cooling performance to decrease and affect the cooling effect. In extreme cases, the water temperature may increase, which may pose a safety hazard.

● Solution:

　　Chongqing Changan Automobile Co., Ltd. cleaned the cooling system of the vehicles within the above-mentioned recall range free of charge and replaced the coolant to eliminate potential safety hazards.

　　Chongqing Changan Automobile Co., Ltd. will notify relevant car owners by telephone, text message and letter through Changan Automobile Special Service Station to arrange free maintenance. Owners can call the service hotlines: 400-888-6677, 400-884-0066 or visit the official website of Changan Automobile (www.changan.com.cn) for more information. (Text/car home Xingyu)

　　Read more:

　　2015 Changan Yidong /CS35/ Zhishang XT was officially launched.
　　//www.autohome.com.cn/news/201503/864081.html

　　CCTV News:On March 23rd, the State Council Office held a press conference on deepening the "streamline administration, delegate power, strengthen regulation and improve services" reform, promoting the "internet plus" action, and promoting "double innovation" to support the expansion of employment.

　　At the meeting, Sun Meijun, deputy director of the State Administration of Market Supervision, said that it is an urgent task to promote epidemic prevention and control and economic and social development as a whole. The General Secretary of the Supreme Leader attached great importance to it and made a series of important instructions and instructions, demanding to speed up the establishment of an economic and social order compatible with epidemic prevention and control, comprehensively strengthen measures to stabilize employment, actively and orderly promote the resumption of work and production, and continue to optimize the business environment. Premier Li Keqiang put forward clear requirements for stabilizing employment and enterprises, emphasized stabilizing and supporting market players and enhancing the driving force of economic recovery. Market supervision departments resolutely implemented the decision-making arrangements of the CPC Central Committee and the State Council, based on their functions and took the initiative, vigorously promoted the "streamline administration, delegate power, strengthen regulation and improve services" reform, focused on optimizing the business environment, fully supported the resumption of production and entrepreneurship, and helped the epidemic prevention and control and economic and social development. Focus on several aspects of work:

　　First, efforts should be made to solve problems and help enterprises to resume work and production.In view of the difficulties existing in the industrial chain, supply chain, capital chain and logistics chain of enterprises during the epidemic prevention and control period, including the difficulties in returning employees to their posts, we issued "Ten Articles of Support for Resuming Work and Production", and together with the Development and Reform Commission and other six departments, we issued "Guiding Opinions on Strengthening Support for Individual Industrial and Commercial Households in Response to the Impact of the Epidemic", with the aim of reducing costs and reducing burdens, helping individual industrial and commercial households to cope with the impact of the epidemic, supporting flexible employment through multiple channels, solving the problem of individual industrial and commercial households resuming business, and creating new opportunities.

　　The second is to focus on supervision and law enforcement and maintain a fair and orderly market order.During the epidemic period, some lawless elements bid up the prices of masks, meltblown fabrics and forehead guns, making "national hardship" and "black-hearted money". Together with the public security organs, we severely cracked down, exposed typical cases, and published 10 batches of typical cases, which formed a powerful shock. At the same time, strengthen the food safety supervision of "rice bags" and "vegetable baskets", promptly investigate potential risks, strictly investigate the behavior of making and selling fake goods and arbitrarily raising prices, maintain market order, and create a safe and secure consumption environment.

　　The third is to deepen reform and continuously optimize the business environment.Promote decentralization, facilitate market access, simplify product approval, and shorten the start-up time of enterprises; Innovate the way of supervision, realize "smart management" among "strict management" and improve the efficiency of supervision; Promote "internet plus" supervision and provide convenience for market players. Through the comprehensive policy of "releasing, managing and serving", the vitality and social creativity of market players have been greatly stimulated.

　　The fourth is to optimize services and give full play to the role of market mechanisms.In order to ensure the market supply and price stability of epidemic prevention materials and people’s livelihood commodities, promote the resumption of work and production, and enhance the confidence in fighting the epidemic, the General Administration of Market Supervision launched the "three guarantees" action of "ensuring prices, quality and supply" on January 29, and through the commitment of the government and enterprises, the joint efforts of market participants to overcome the difficulties and ensure supply and stable prices have been positively responded by the majority of enterprises. Over the past 50 days, more than 15,000 enterprises have participated in the "Three Guarantees" campaign, involving many chain-operated enterprises, with more than 300,000 stores. They publicly promised to guarantee prices, quality and supply. Among them, there are both Fortune 500 enterprises and individual industrial and commercial households, covering production and processing, logistics and transportation, shopping malls and supermarkets, catering enterprises, e-commerce platforms, as well as familiar express delivery and other formats, which basically cover the entire supply chain. These large, medium and small enterprises on the platform break through the "blocking points" in the industrial chain and supply chain, connect "breakpoints", and work together to resume production. The "three guarantees" action has stabilized enterprises, stabilized jobs and stabilized employment while ensuring stable supply and prices and meeting the needs of people’s lives.

　　In the next step, under the strong leadership of the CPC Central Committee and the State Council, the market supervision department will give full play to its functions, stick to the position of market supervision, serve the overall situation of epidemic prevention and control and economic and social development, and make due contributions to achieving this year’s economic and social development goals and building a well-off society in an all-round way.

Entering 2023, tariffs have ushered in new adjustments-

From January 1st, a provisional import tariff rate lower than the MFN tariff rate will be applied to 1020 commodities; From January 2nd, the tariff rate of RCEP will be applied to some commodities originating in Indonesia. From July 1st, the eighth step will be implemented to reduce the MFN tariff rate of 62 information technology products …

In this tariff adjustment schedule, "down" has become the key word. Experts pointed out that in recent years, China has successively lowered import tariffs on related commodities, boosting global good goods to enter the China market, which not only meets the domestic consumption upgrading and enterprise production needs, but also provides countries with broader market opportunities and shares the China opening bonus.

China’s overall tariff level will drop to 7.3%.

■ Since January 1, 2023, China has imposed a provisional import tariff rate lower than the MFN tariff rate on 1,020 commodities. This number has increased by 66 items compared with the previous year, maintaining growth for four consecutive years.

■ On January 2nd, RCEP came into effect for Indonesia. So far, the world’s largest free trade agreement has come into effect for 14 of its 15 signatory members. Since January 2nd, China has implemented the agreed tariff rate applicable to RCEP ASEAN member countries in 2023 for some imported goods originating in Indonesia.

■ In 2023, China will reduce the import tariffs on homogenized mixed food, frozen blue cod, cashew nuts and other small household appliances such as coffee machines, juicers and hair dryers. Among them, the tax rate of homogenized mixed food, frozen blue cod and other commodities decreased by not less than 50%.

■ From July 1, 2023, China will also implement the eighth step of reducing the MFN tariff rate for 62 information technology products. After adjustment, the total tariff level of China will be reduced from 7.4% to 7.3%.

Further tax reduction in accordance with the FTA and RCEP

At the beginning of the new year, RCEP has made new progress: it came into effect for Indonesia on January 2. So far, the world’s largest free trade agreement has come into effect for 14 of its 15 signatory members.

China is Indonesia’s largest trading partner and the largest export market. After the entry into force of RCEP, the new measures of commodity tariff reduction and exemption introduced by China are a major attraction. The State Council Customs Tariff Commission recently released the tariff adjustment plan for 2023. According to the relevant provisions of RCEP and the entry into force of the agreement for Indonesia, the agreed tariff rate applicable to RCEP ASEAN member countries in 2023 will be implemented for some imported goods originating in Indonesia from January 2. Specifically, on the basis of the China-ASEAN Free Trade Agreement, China will reduce taxes on Indonesian-made pineapple juice and canned food, coconut juice, pepper, diesel oil, paper products, some chemicals and auto parts, among which 67.9% products originating from Indonesia will be subject to immediate zero tariffs from January 2.

"The higher level of openness advocated and led by China is urgently needed by developing economies including Indonesia." Nina Dai, Consul General of Indonesia in Shanghai, said that the China International Import Expo(CIIE) held in China enhanced the recognition and reputation of Indonesian brands in China. In 2021, the bilateral trade volume between the two countries increased by about 56%, of which Indonesian exports increased by nearly 70%. The entry into force of RCEP for Indonesia will continue to promote the deepening of economic, trade and investment relations between Indonesia and China, and further strengthen the existing cooperation.

At present, RCEP has entered the second year of effective implementation. Over the past year or so, China has implemented RCEP with high quality, fully implemented market opening commitments and agreement obligations, continuously promoted tariff reduction and exemption, and promoted trade and investment liberalization and facilitation, which has injected new impetus into the economic and trade development in the Asia-Pacific region and the world.

While reducing or exempting tariffs for newly effective members this year, the State Council Customs Tariff Commission clearly stated that it will further reduce tariffs in accordance with China’s free trade agreements with New Zealand, South Korea, Australia and Cambodia and RCEP.

"With the in-depth implementation of RCEP, New Zealand enterprises are facing more favorable tariffs and more convenient trade measures. The improvement of the business environment has enabled the company’s sales in China to grow rapidly, and it has also enabled China consumers to obtain quality products quickly." Roy Vandenke, general manager of R&D of New Zealand company Newland, said that China’s huge market provides opportunities for international companies like Newland and will also promote the recovery of the world economy. It is foreseeable that RCEP’s inclusive development dividend will make the development of the Asia-Pacific region more prosperous.

Gu Qingyang, an associate professor at the Lee Kuan Yew School of Public Policy at the National University of Singapore, believes that tariff reduction has greatly reduced the trade costs among member countries, made trade activities more active and effectively promoted economic growth, which is a tangible benefit brought by RCEP through trade channels. "China plays an important role in RCEP and is also the main export destination of other RCEP member countries. The stronger economic growth of China in the future will provide RCEP with a broader development space. "

Reduce tariffs on many medical products and consumer goods.

The new round of tariff adjustment involves not only the agreed tariff rate, but also many new changes in MFN tariff rate and provisional tariff rate. According to insiders, the most-favored-nation tax rate is the tax rate applicable to imported goods from most countries in China. Provisional tariff rate refers to the tariff rate for some imported and exported goods within a certain period. The provisional tariff rate is generally lower than the MFN tariff rate, which is a common way to adjust tariffs independently.

According to the tariff adjustment plan for 2023, from January 1st, China implemented a provisional import tariff rate lower than the MFN tariff rate for 1,020 commodities. This number has increased by 66 items compared with the previous year, maintaining growth for four consecutive years.

Sorting out the adjusted catalogue, the reporter found that there are many medical products, such as zero tariffs on some raw materials for anticancer drugs, anti-novel coronavirus drugs and drugs for relieving cancer pain, and reducing import tariffs on medical supplies such as dentures, raw materials for vascular stents and contrast agents.

Zhang Jianping, deputy director of the Academic Committee of the Research Institute of the Ministry of Commerce, analyzed that in the tariff adjustment in recent years, medicine has always been the key area of tax reduction, including zero tariffs on the first and second batches of anticancer drugs and raw materials for rare diseases, and reducing import tariffs on medical products such as artificial heart valves, hearing AIDS, intracranial embolic stents and artificial joints. These measures are helpful to further protect people’s health and reduce the economic burden of patients.

Consumer goods for daily use is another focus of this tariff adjustment. According to the published provisional tax rate table for imported goods, in 2023, the import tariffs on homogenized mixed food, frozen blue cod, cashew nuts and other small household appliances such as coffee machines, juicers and hair dryers will be reduced. Among them, the tax rate of homogenized mixed food, frozen blue cod and other commodities decreased by not less than 50%.

Zhang Jianping believes that at present, China’s consumer demand continues to grow, and the consumption structure is accelerating to upgrade, and the demand for foreign consumer goods with distinctive advantages is heating up. This tax reduction is conducive to conforming to the trend of consumption upgrading and meeting the new consumption demand of residents with high-quality supply; At the same time, it will help imported products compete with domestic products, guide the transformation and upgrading of the supply system, keep up with changes in consumer demand, and achieve a dynamic balance between supply and demand at a higher level.

In addition to medical products and consumer goods, this adjustment also highlights two aspects: first, zero tariffs will be imposed on potash fertilizer and unwrought cobalt, and import tariffs on some commodities such as wood and paper products and boric acid will be reduced; The second is to reduce import tariffs on lithium niobate, electronic ink screens, iridium oxide for fuel cells, roller bearings for wind turbines and other commodities. Experts said that reducing import tariffs on these goods will not only help strengthen the supply capacity of resources, but also promote the innovation and development of advanced manufacturing industries and accelerate industrial transformation and upgrading.

China’s overall tariff level will drop to 7.3%.

Frequent measures to reduce taxes have pushed the overall tariff level in China down continuously. According to the announcement issued by the State Council Customs Tariff Commission, starting from July 1, 2023, China will also implement the eighth step of MFN tariff reduction for 62 information technology products. After adjustment, the total tariff level of China will be reduced from 7.4% to 7.3%.

In December 2015, 24 WTO members, including China, the United States, Europe, Japan and South Korea, reached an agreement on expanding the product range of the Information Technology Agreement, and gradually abolished the import tariffs on 201 information technology expanded products according to the most-favoured-nation treatment principle. These products mainly include information and communication products, semiconductors and their production equipment, audio-visual products, medical devices, instruments and meters, etc. The annual global trade volume exceeds 1 trillion US dollars. In 2016, China implemented tax reduction for the products expanded by the Information Technology Agreement for the first time, and has implemented seven-step tax reduction so far.

According to the analysis of insiders, the gradual tax reduction according to the agreement will help reduce the import cost of related components and equipment, better meet the production needs of enterprises, promote the domestic related industries and economies to move towards high-quality development, and will also effectively promote global trade and high-tech development.

The general tariff level is one of the important indicators of a country’s openness in the field of goods trade. The data show that since China joined the WTO for more than 20 years, it has fully fulfilled its WTO commitments and continuously opened its market. The total tariff level has dropped from 15.3% to 7.4% in 2022, which is lower than the WTO commitment of 9.8%.

"Since 2018, China has introduced a series of measures such as implementing zero tariffs on imported anticancer drugs and encouraging the import of innovative drugs. In the following years, a number of innovative drugs of Bayer prescription drugs were approved for listing in China." Steve, chief financial officer of Bayer China, said, "We recognize and attach great importance to China’s opening to the outside world, and we have seen a very favorable business environment in China, which makes us more confident in the future."

Chiwharton, a Swiss flavor and fragrance company, is also one of the beneficiaries of China’s tariff reduction. "The reduction of tariffs has brought significant benefits to enterprises and enhanced our confidence in development." Wu Chongqing, the operation director of Chihuaton China, said that in 2022, China reduced the import tax rate of peppermint oil and orange oil, and the import cost of the company’s two main production raw materials decreased, saving tens of millions of yuan in taxes every year. "This not only eased the cost pressure caused by the rising price of raw materials, but also enabled the company to bring more cost-effective products to downstream customers and consumers, making our China factory more advantageous."

Zhang Jianping said that in recent years, China has taken the initiative to reduce the overall tariff level and introduced a series of new measures to reduce tariffs independently, which has made the world see that China is opening wider and wider, and also made China’s development better benefit the world and promoted all countries to share the big market opportunities in China. (Reporter Qiu Haifeng)

　　Xi ‘an, June 23 (Reporter Lei Kai correspondent Zhang Weifeng Zhao Yajuan) Shaanxi Food and Drug Administration announced 10 major food safety violations today (June 23).

　　These 10 typical cases are:

　　1. Xi ‘an Guzhen Catering Service Co., Ltd. is suspected of using food additives beyond the scope.

　　Brief introduction: The brown sugar buns, steamed buns and pot helmets processed and produced by Xi ‘an Guzhen Catering Service Co., Ltd. on April 11, 2016, after sampling inspection, the aluminum residue items did not meet the food safety standards. Law enforcement officers of the Food Inspection Team of beilin district Food and Drug Administration of Xi ‘an timely conducted on-site inspection and investigation on Xi ‘an Guzhun Catering Service Co., Ltd., which really started to use baking powder in the production of brown sugar buns, steamed buns and Guo Kui in October 2015, and successively sold 4,554 unqualified products with a value of 37,936 yuan. According to the Food Safety Law, the Administrative Punishment Law of the People’s Republic of China and the Provisions on the Transfer of Suspected Criminal Cases by Administrative Law Enforcement Organs, the case has been transferred to the Public Security Bureau, and the Beilin Branch of Xi ‘an Public Security Bureau has filed an investigation.

　　2. Zou’s case of producing and selling toxic and harmful food.

　　Brief introduction of the case: In the second half of 2015, Tongguan County Food and Drug Administration conducted law enforcement sampling inspection on the hot pot bottom material of Tongguan Tianle self-service barbecue restaurant operated by Zou, and the inspection results showed that papaverine was detected in the hot pot bottom material in the store. After investigation, Zou started to operate a hot pot project in Tongguan Tianle self-service barbecue restaurant in June 2014, and purchased poppy shells and added them to the hot pot base. According to the Food Safety Law, the Administrative Punishment Law and the Provisions on the Transfer of Suspected Criminal Cases by Administrative Law Enforcement Organs, the case has been transferred to the public security organs for investigation, and two suspects have been arrested.

　　3. The case that Wang mixed formaldehyde into his hairy belly.

　　Case Description: In January 2016, when the Hanbin District Market Supervision Administration of Ankang City supervised and inspected Wang’s aquatic product shop in Xing ‘an Community of Hanbin District of Ankang City, law enforcement officers used quick inspection equipment to test the hairy belly, yellow throat and duck blood on sale, and the test results were positive. The detained suspected food was inspected by Shaanxi Keyi Sunshine Detection Technology Service Co., Ltd., and formaldehyde was detected in the hairy belly. According to the Food Safety Law, the Administrative Punishment Law and the Provisions on the Transfer of Suspected Criminal Cases by Administrative Law Enforcement Organs, the case has been transferred to the public security organs for investigation and investigation, and one suspect has been arrested.

　　4, Weinan Tongguan County Center for Disease Control and Prevention unlicensed health food case.

　　Brief introduction: From April to July, 2015, Tongguan County Food and Drug Administration seized the case that Tongguan County Center for Disease Control and Prevention did not obtain the Health Food Business License to operate health food. The amount involved was 127,560 yuan and the illegal income was 5,850 yuan. According to the relevant provisions of the Food Safety Law, the Tongguan County Center for Disease Control and Prevention was given the following administrative penalties: confiscation of illegal income of 5,850 yuan; Confiscation of 868 boxes of unlicensed health food; The fine was 637,800 yuan.

　　5. Ren Mou produced and sold counterfeit "Red Bull" drinks without a license.

　　Brief introduction: In September 2015, Yulin Food and Drug Inspection Brigade seized the case of Ren’s unlicensed production and sales of counterfeit "Red Bull" drinks. In this case, a counterfeit den was destroyed, and the parties illegally produced 104 counterfeit "Red Bull", involving 10,900 yuan and 1,680 yuan of illegal income. According to the relevant provisions of the Food Safety Law, the party concerned was given the following administrative penalties: 54 counterfeit "Red Bull" drinks were confiscated; Confiscation of tools and equipment used in illegal production and sales; Illegal income of 1680 yuan was confiscated and a fine of 109,200 yuan was imposed.

　　6. Shaanxi Jinniu Dairy Co., Ltd. produced and sold infant formula goat milk powder that did not meet the national food safety standards.

　　Brief introduction of the case: On October 27th, 2015, Shaanxi Jinniu Dairy Co., Ltd. produced 900g/can of Jinbeimeiduo infant formula goat milk powder. (1) After inspection by the National Food Quality and Safety Supervision and Inspection Center, the Enterobacter sakazakii project did not meet the requirements of national food safety standards. The amount involved was 85,293 yuan, and the illegal income was 52.24 yuan. Weinan Food and Drug Administration, in accordance with the relevant provisions of the Food Safety Law, ordered the enterprise to implement rectification, investigate the causes of the problems, and complete the rectification work before January 5, 2016, and imposed the following administrative penalties on the enterprise: confiscation of 1,430 cans of unqualified infant formula goat milk powder; Confiscation of illegal income of 52.24 yuan; The fine was 938,223 yuan.

　　7. The case of Xianyang Aijia Supermarket Co., Ltd. Aijia Shopping Plaza Fuyuan Store operating unqualified food.

　　Brief introduction of the case: Sanhuang chicken produced by Shandong Jinxin Meat Food Co., Ltd., which is operated by Aijia Shopping Plaza Fuyuan Store of Xianyang Aijia Supermarket Co., Ltd. on July 13, 2015, was inspected by the National Meat Food Quality Supervision and Inspection Center, and the veterinary drug oxytetracycline residue exceeded the standard. When the Xianyang Food and Drug Administration conducted an on-site inspection, all the products had been sold out. Because the enterprise can’t provide relevant certificates, records and credentials for incoming inspection, according to the relevant provisions of the Food Safety Law, the enterprise was given an administrative penalty of 80,000 yuan. The Provincial Bureau has sent a letter to Shandong Food and Drug Administration to investigate relevant enterprises.

　　8. The case that the fish fashion charcoal grilled fish shop in Xincheng District of Xi ‘an manages to produce food with recycled food as raw material.

　　Brief introduction: At the beginning of 2016, the daily supervision and inspection by law enforcement officers of the Food and Drug Administration of Xincheng District of Xi ‘an found that the kitchen of Xincheng District Fish Fashion Charcoal Grilled Fish Shop used a metal filter to filter food residues and recycle waste oil. After investigation, during the period from November 27th to December 22nd, 2015, the store processed and produced two kinds of dishes, spicy grilled fish and spicy grilled fish, for customers to eat, involving a value of 8,700 yuan. The company was ordered to rectify, and according to the relevant provisions of the Food Safety Law, the following administrative penalties were imposed on the store: confiscation of illegal income of 8,700 yuan; A fine of 100,000 yuan.

　　9. Hanzhong Yongfeng Trading Co., Ltd. sells food with production date changed.

　　Brief introduction of the case: In November 2015, the law enforcement officers of Hanzhong Food and Drug Inspection Detachment found that the red oil watercress sold in Borun Shopping Plaza in Chenggu County was suspected of tampering with the production date. After investigation, Chen Mou, the person in charge of the company, admitted to using banana oil and coding machine to wipe off the original production date of red oil watercress and put it on a new date before putting it into the market again. Due to the timely discovery, illegal food basically did not flow into the market. Ordered the enterprise to rectify, and according to the relevant provisions of the Food Safety Law, gave the company the following administrative penalties: confiscation of illegal income 18 yuan; A fine of 65,000 yuan was imposed.

　　10. The case of selling food beyond the shelf life in Saigao Shopping Plaza of Xi ‘an Renrenle Supermarket Co., Ltd.

　　Brief introduction: In December, 2015, according to the reports of the masses, when the Food and Drug Administration of weiyang district, Xi ‘an, Zhang Jiabao Food and Drug Administration was in Saigao Shopping Plaza of Xi ‘an Renrenle Supermarket Co., Ltd., it found 1 bag of crispy eggs, 9 pieces of Wangwang yellow peach and peach pulp jelly, 95 pieces of Wangwang tangerine and pineapple pulp jelly, and 26 pieces of Wangwang assorted pulp jelly. Ordered the supermarket to rectify, and according to the relevant provisions of the Food Safety Law, the company was given the following administrative penalties: confiscation of expired food; Confiscation of illegal income and a fine of 80,000 yuan.

　　According to the relevant person in charge of the Inspection Bureau of Shaanxi Food and Drug Administration, since 2015, the province’s food and drug supervision and management system has carried out a series of special governance activities in key areas such as meat products, edible oil, flour products, dairy products, catering and food workshops. Up to now, 11,772 illegal food cases have been put on file in the province, involving a total amount of 21.45 million yuan, 263 cases have been transferred to judicial organs, and 97 illegal food dens have been destroyed, effectively curbing the arrogance of illegal elements and purifying the food market in the province. Reporting 10 major typical cases of food safety violations is mainly to warn the majority of food and drug production and marketing enterprises and catering service units to engage in production and business activities according to law.

　　The person in charge also said that in the next step, the food and drug supervision department will continue to maintain a high-pressure situation, have zero tolerance for food and drug safety violations, and strictly investigate all kinds of violations in accordance with the law to ensure the "safety on the tip of the tongue" of the masses. It is hoped that all social sessions will actively report clues about food and drug safety violations. Once the clues are verified, they will be rewarded in accordance with the "Shaanxi Province Food and Drug Violations Reporting Incentive Measures (Trial)". You can call 12331 or report to the local food and drug supervision department.

　　Beijing, August 15th (Reporter Li Jinlei) The RMB is becoming more and more international!

　　The fifth largest international payment currency, the fifth largest international reserve currency, the third largest trade financing currency and the eighth largest foreign exchange transaction currency … … This is the RMB!

　　From WeChat official account, the central bank.

　　The fifth largest international payment currency

　　On August 14th, the central bank released the Report on RMB Internationalization in 2020, and RMB internationalization reached a new level in 2019. According to the latest statistics, RMB ranks fifth among the major international payment currencies, with a market share of 1.76%.

　　According to the report, the cross-border use of RMB increased rapidly against the trend in 2019. The total amount of cross-border payment and receipt of RMB by banks on behalf of customers in the whole year was 19.67 trillion yuan, up 24.1% year-on-year. On the basis of the rapid growth in 2018, the amount of payment and receipt continued to maintain rapid growth, reaching a record high.

　　The fifth largest international reserve currency

　　According to the official currency composition (COFER) data of the International Monetary Fund (IMF), by the end of the fourth quarter of 2019, the scale of RMB reserves reached US$ 217.67 billion, accounting for 1.95% of the total foreign exchange reserves in the indicated currencies, ranking fifth, surpassing Canadian dollars by 1.88%, which is the highest level since the IMF began to publish RMB reserve assets in 2016.

　　According to incomplete statistics, at present, more than 70 central banks or monetary authorities around the world have included RMB in foreign exchange reserves.

　　In the first quarter of 2020, the share of RMB foreign exchange reserves announced by IMF further rose to 2.02%, the highest level since RMB joined the SDR (Special Drawing Rights) currency basket in 2016.

　　Currency data map.

　　The third largest trade financing currency

　　The attraction of RMB as an international financing currency is gradually emerging.

　　According to the report, the survey shows that about 82% of the overseas industrial and commercial enterprises surveyed said that when the liquidity of international currencies such as the US dollar and the euro is relatively tight, they will consider using RMB as the financing currency, which has reached a new high since 2016. 75% of the overseas industrial and commercial enterprises interviewed are willing to consider using RMB as the trade financing currency in their economic and trade exchanges with China.

　　The eighth largest foreign exchange trading currency

　　In 2019, global RMB foreign exchange transactions increased steadily. According to the latest data released by BIS in April 2019 (once every three years), RMB ranks eighth among the most active currencies in the world, and ranks first among the currencies of emerging market countries.

　　The global average daily trading volume of RMB increased from $202 billion in 2016 to $284 billion, and its share in the global foreign exchange market increased from 4% in 2016 to 4.3%.

　　Data map: The bank teller is working. Photo by Ai Qinglong

　　RMB assets are becoming more and more popular.

　　According to the report, by the end of 2019, the amount of domestic financial assets such as RMB stocks, bonds, loans and deposits held by overseas entities totaled 6.41 trillion yuan, a year-on-year increase of 30.3%. Among them, the stock market value is 2.1 trillion yuan, the bond custody balance is 2.26 trillion yuan, the deposit balance is 1.21 trillion yuan (including interbank current account deposits), and the loan balance is 833.2 billion yuan.

　　Stocks and bonds in domestic financial markets have become the main varieties for overseas entities to allocate RMB assets. By the end of 2019, the scale of domestic RMB stocks and bonds held by overseas entities increased by 48.6% year-on-year, of which the amount of bond custody accounted for 2.3% of the total bond custody in the inter-bank bond market, and the market value of stocks held accounted for 3.6% of the total market value of A shares. In 2019, stocks accounted for 66.6% of the domestic RMB assets newly added by overseas entities.

　　In other words, more and more foreign investors are looking for gold in China’s capital market. In 2019, the cross-border receipts and payments of securities investment in RMB totaled 9.51 trillion yuan, up 49.1% year-on-year, with a net inflow of 621.9 billion yuan.

　　More foreign trade enterprises use RMB for cross-border payment and receipt.

　　According to the questionnaire of the People’s Bank of China on foreign trade enterprises, since 2019, foreign trade enterprises have been highly motivated to participate in cross-border RMB business. As of the fourth quarter of 2019, 84.6% of enterprises chose RMB as the main currency for cross-border settlement.

　　Judging from the driving factors for enterprises to choose cross-border RMB settlement, since 2019, due to the influence of external factors such as Sino-US trade friction, RMB exchange rate fluctuations have increased. Many enterprises choose cross-border RMB business as a means to avoid exchange rate risks, accounting for 64.7%. In addition, simple settlement process, reducing settlement cost and facilitating financial accounting and fund management are also the main reasons why enterprises choose to carry out cross-border RMB business, accounting for 43.2%, 36.8% and 32% respectively.

　　The RMB cross-border payment system (CIPS) has become the main channel for RMB cross-border settlement. In 2019, the CIPS system handled 1.884 million cross-border RMB businesses, amounting to 33.9 trillion yuan, up 31% and 28% respectively. It handled 7,537 transactions daily, with an amount of 135.7 billion yuan.

　　Data map of RMB. China News Service reporter Zhang Hao photo

　　Iron ore transactions are settled in RMB.

　　In recent years, China has been the largest importer and consumer of iron ore trade in the world. The import and consumption of iron ore are at the global level of 70% and 50% respectively, but it has been relatively passive in pricing.

　　Nowadays, domestic iron and steel enterprises have made continuous progress in using RMB to settle iron ore imports. In early May 2020, baoshan iron & steel, a subsidiary of China Baowu Group, and Rio Tinto completed the first cross-border RMB settlement with blockchain technology. This is another new development after baoshan iron & steel completed the first RMB cross-border settlement with Brazil’s Vale and Australia’s BHP Billiton in January and April this year respectively.

　　So far, China Baowu and the world’s three major iron ore suppliers have achieved RMB cross-border settlement, totaling more than 500 million yuan.

　　The RMB exchange rate remained basically stable.

　　At the beginning of August 2019, due to the further escalation of trade friction, the RMB exchange rate was "broken by 7" driven by market forces, but the exchange rate expectation remained stable on the whole. Since then, due to the changes in the international economic and financial situation and the trade friction situation, the RMB exchange rate has broken by 7 for many times.

　　The report pointed out that in general, cross-border capital flows and foreign exchange supply and demand were basically balanced in 2019, exchange rate expectations were generally stable, and the RMB exchange rate remained basically stable at a reasonable and balanced level.

　　Overall, in 2019, the domestic RMB exchange rate fluctuated in both directions, and its flexibility was significantly enhanced. The RMB has risen and fallen against the US dollar and other major currencies in the world. The central parity of RMB against the US dollar, Japanese yen and British pound has depreciated by 1.62%, 3.43% and 5.18% respectively compared with the end of 2018, and the central parity of RMB against the euro has appreciated by 0.41% compared with the end of 2018.

　　Renminbi and US dollars. Zhongxin. com reporter Li Jinlei

　　Raise the level of free use of RMB

　　According to the report, RMB internationalization is a natural process driven by the market. In recent years, the cross-border use of RMB has maintained rapid growth, especially since the COVID-19 epidemic hit global trade, finance and economy this year, the cross-border use of RMB has remained resilient and showed growth.

　　The Bank of China said that in the future, it will continue to serve the real economy, adhere to the principle of marketization, and steadily promote the internationalization of RMB.

　　First, adhere to market-driven. Explore and promote a higher level of trade and investment facilitation, constantly remove obstacles restricting the use of RMB at home and abroad, and create a level playing field for RMB and other major convertible currencies. Second, continue to promote the opening of domestic financial markets and the interconnection of infrastructure. Further facilitate foreign investors to use RMB to invest in domestic bonds and stocks. The third is to guide the healthy development of the offshore RMB market. Improve the freely usable level of RMB and promote the benign interaction and deep integration between offshore and onshore markets. The fourth is to improve macro-prudential management. Strengthen the monitoring, analysis and early warning of cross-border capital flows, make countercyclical adjustments, and guard against the risks of cross-border capital flows. (End)