标签归档：西安品茶网

Building a financial power is an inevitable requirement for building a socialist modern power in an all-round way.

　　作者：高惺惟（中央党校〔国家行政学院〕习近平新时代中国特色社会主义思想研究中心研究员）

　　日前召开的中央金融工作会议指出，“金融是国民经济的血脉，是国家核心竞争力的重要组成部分，要加快建设金融强国”。我国金融正处在由“大”到“强”的关键时期，机遇与挑战并存。建设金融强国，必须坚持和加强党的全面领导，坚定不移走中国特色金融发展之路，推动我国金融高质量发展。

　　1.金融是国民经济的血脉和国家核心竞争力的重要组成部分

　　习近平总书记指出：“金融活，经济活；金融稳，经济稳。经济兴，金融兴；经济强，金融强。经济是肌体，金融是血脉，两者共生共荣。”党的二十大报告指出，“高质量发展是全面建设社会主义现代化国家的首要任务。发展是党执政兴国的第一要务”。金融是现代经济的核心，能够通过发挥配置资源的功能助推一国生产力发展、经济腾飞、科技创新和产业升级，是国家重要的核心竞争力。加快建设金融强国，是我国经济社会发展的需要，也是我国经济长远发展的战略抉择，更是在金融全球化进程中维护国家金融安全的需要，事关国家繁荣富强、社会和谐稳定、人民幸福安康。全面建成社会主义现代化强国需要建设一个金融强国。

　　Finance is the blood that nourishes the body of the economy, and it is a symbiotic relationship with the real economy. The development of finance depends on the real economy, and the development of the real economy needs the empowerment of financial services. Specifically, financial institutions can provide necessary financial support for the real economy, thus promoting the development of the real economy. Finance can enlarge the production capacity and market space of start-ups and prolong the energy storage time of new technologies. By building a modern financial institution and market system, diversified financial services can guide more resources into new fields and new tracks, which is conducive to the accumulation of new kinetic energy in the real economy. All work in the financial sector actively serves the implementation of major national strategies, and can continuously inject "flowing water" into the implementation of relevant strategies by optimizing the allocation of financial resources in rural revitalization, scientific and technological innovation, small and micro enterprises, green development and other fields, adding new vitality to the high-quality development of the economy and society. Finance is an important tool to stabilize macroeconomic operation. By strengthening policy implementation and work promotion and maintaining reasonable and abundant liquidity, the cost of social financing can be effectively reduced, thus stabilizing the market expectation of the real economy and providing a good financial environment for economic and social development.

　　Finance is an important core competitiveness of a country, financial system is an important basic system in economic and social development, and financial security is an important content of national security. Since its birth, the Communist Party of China (CPC) has recognized the importance of finance, attached great importance to financial work, and ensured the financial cause to move in the right direction. From supporting the revolutionary war, to establishing a new regime, and then to serving the socialist modernization, the financial industry has achieved leap-forward development again and again. Since the 18th National Congress of the Communist Party of China, under the centralized and unified leadership of the CPC Central Committee, China’s high-quality financial development has made new major achievements, the financial system has been continuously improved, and financial supervision has been improved, which has effectively supported the overall economic and social development in the new era and made important contributions to building a well-off society in an all-round way as scheduled and achieving the goal of the first century. In the new era and new journey, Chinese modernization will comprehensively promote the construction of a strong country and the great cause of national rejuvenation. We must speed up the construction of a financial power, comprehensively strengthen financial supervision, improve the financial system, optimize financial services, guard against and resolve risks, unswervingly follow the road of financial development with China characteristics, and promote the high-quality development of China’s finance.

　　2. The inherent requirements of a socialist modern financial power

　　The first is people’s nature. "People’s interests first" is the value pursuit of China’s financial work. If finance does not serve the interests of the country and the people, there will be chaos in the financial field. Financial work must adhere to the people-centered value orientation, the fundamental purpose of financial services to the real economy, the eternal theme of financial work, the deepening of structural reform on the financial supply side, the overall planning of financial opening and security, and the general tone of striving for progress while maintaining stability. This requires the financial work to practice the Party’s purpose, the financial system to improve its political position, adhere to political principles, firm its political direction and maintain its political strength, and always bear in mind that the Party’s purpose is to serve the people wholeheartedly, and the people’s position is the fundamental position of the Party and the fundamental position of the financial work led by the Party.

　　The second is marketization. The central financial work conference pointed out that "we should persist in promoting financial innovation and development on the track of marketization and rule of law". Market economy is essentially an economy in which the market determines the allocation of resources. Practice has proved that the allocation of resources by the market is the most efficient way of resource allocation. To improve the level of market-oriented allocation of financial resources, on the one hand, we must vigorously develop the capital market, optimize the financing structure, and give full play to the hub function of the capital market. The development degree of capital market represents the development degree of financial marketization in a certain sense, and it is the most dynamic platform in the financial system. Developing capital market plays a key role in building a modern economic system. On the other hand, we should steadily promote the reform of interest rate marketization, so that interest rates can give full play to the role of guiding resource allocation. Steadily promoting interest rate marketization is one of the core contents of improving macro-control and deepening financial reform in China, and the interest rate marketization reform can play a vital role in the efficient allocation of funds.

　　The third is internationalization. Adhere to both "bringing in" and "going out", steadily expand the institutional opening of the financial sector, enhance the facilitation of cross-border investment and financing, attract more foreign-funded financial institutions and long-term capital to develop their businesses in China, and serve the construction of the "Belt and Road". To this end, it is necessary to further optimize the business environment, continue to significantly reduce the restrictions on foreign investment access, create a new platform for international cooperation, provide global investors with a stable investment place under the rule of law, and strive to become the first choice for foreign enterprises to invest. Adhere to the overall planning of financial opening and security, and strive to promote high-level financial opening. High-level financial openness requires steady and prudent internationalization of RMB, which will help enterprises to guard against the risk of liquidity shortage, realize the stability of global foreign exchange reserves, and make RMB an "anchor currency", which is the need of rebalancing global economic development.

　　The fourth is technology. The financial industry is an information-intensive industry, and information is very important to the financial industry. According to the theory of financial intermediary, financial intermediary has the function of information production, which can provide information to the market and alleviate the information asymmetry between the two parties. Due to the advantages of network in information production and transmission, financial technology not only speeds up information transmission, but also improves the ability of information collection and reduces the cost of information processing, thus improving the information production ability of financial intermediaries. At present, the network has become a platform for human beings to create and share information, and the traditional information dissemination mode is undergoing essential changes under the promotion of network information technology. Financial technology promotes the integration of electronic information technology and traditional finance, innovates the financial format, increases the convenience of financial services, and improves the quality of financial services to the real economy in many fields.

　　The fifth is inclusiveness. The purpose of inclusive finance is to enable everyone to get financial services at the right price in a timely and dignified manner when they need them. Inclusive finance is consistent with the development concept of "sharing". The economic value of inclusive finance lies in helping to adjust the imbalance between supply and demand of finance, especially the imbalance between supply and demand of financial structure, so that finance can better serve the real economy. The social value of inclusive finance lies in helping low-income people and small and micro enterprises to obtain financial services, so that everyone can have the right to enjoy financial services fairly. In essence, inclusive finance helps low-income groups and small and micro enterprises get the right to get rich through fair development, which can promote inclusive economic growth and harmonious social development.

　　The sixth is security. The Central Financial Work Conference called for "strengthening financial supervision in an all-round way and effectively preventing and resolving financial risks". Preventing financial risks and maintaining financial security are the eternal themes of financial work. Financial markets and financial institutions must be supervised according to law in order to better guard against financial risks and safeguard the interests of investors. Financial institutions are different from ordinary enterprises, and once something goes wrong, it may lead to systemic risks. The financial industry has strong publicity, externality and sociality, and financial risks are highly contagious and hidden, which requires that financial supervision must be strict, "measuring to the end with a ruler".

　　3. Promote the construction of a strong financial country with structural reform on the financial supply side.

　　Over the past 40 years, China’s financial system has been continuously improved in the reform. To build a strong financial country, we must continue to rely on reform, especially deepen the structural reform of the financial supply side, improve the financial market, financial institutions and financial product systems by optimizing the financial structure, clarify the market-oriented objectives and strengthen the responsibility of supervision, and keep the bottom line that systematic financial risks do not occur.

　　Give full play to the function of the capital market hub. For a long time, China mainly relied on the indirect financing system dominated by banks, which led to a high leverage ratio of enterprises and increased financial risks to some extent. Therefore, it is necessary to further improve the financial market structure, enlarge and strengthen the capital market, build a standardized, transparent, open, dynamic and resilient capital market, and increase the proportion of direct financing. At the critical stage of China’s economy from high-speed growth to high-quality development, the capital market will play a central role in adjusting the industrial structure and building an innovative economic system. Since the reform and opening up, China’s capital market construction has made great progress, but it still faces the problems of low efficiency and imperfect mechanism. To further improve the capital market in the new period, on the one hand, let the capital market play a decisive role in resource allocation. We will promote the deepening of the stock issuance registration system, develop diversified equity financing, vigorously improve the quality of listed companies, and cultivate first-class investment banks and institutions. On the other hand, better play the role of the government. The regulatory authorities maintain the fairness and transparency of the market, resolutely crack down on illegal activities such as market manipulation, insider trading and false information disclosure, and pay more attention to protecting the interests of investors.

　　Steadily and prudently promote the internationalization of RMB. As long as China’s economy can maintain a high-quality growth momentum, RMB internationalization will be realized stably. In this process, it is necessary to cultivate high-quality development and high-level open microeconomic entities, with the focus on improving the competitiveness of enterprises and products. In addition, we will unswervingly deepen reform and opening up in the financial sector. In the future, the interest rate and exchange rate of RMB should be determined by the market, and the opening of capital account and financial market should be promoted step by step under the principle of efficiency, stability and effectiveness, so that offshore RMB can have a better investment place. Improve the infrastructure construction of RMB internationalization, and strive to realize the services of RMB cross-border payment system (CIPS) wherever there is RMB.

　　Build a modern central banking system and always maintain the stability of monetary policy. The independence of the central bank is an important part of the modern central banking system. We should strive to create a good monetary and financial environment, always maintain the stability of monetary policy, pay more attention to cross-cycle and countercyclical adjustment, and enrich the monetary policy toolbox. At present, the main goal of unblocking the transmission mechanism of monetary policy is to establish the transmission mechanism of price-based monetary policy by deepening the interest rate marketization reform, taking the loan market quotation rate (LPR) indirectly regulated by the central bank as the operational goal of monetary policy, taking the deposit and loan interest rate of financial institutions determined by market supply and demand as the intermediate goal of monetary policy, and keeping the currency stable and promoting economic growth as the ultimate goal of monetary policy.

　　Adhere to the implementation of inclusive finance. An important part of promoting the structural reform of the financial supply side is to build a multi-level, wide-coverage and differentiated banking system. In this system, commercial banks, policy banks, city commercial banks, rural financial institutions, private banks and village banks have their own positions, perform their duties and complement each other. State-owned commercial banks should define their position, take the establishment of modern enterprise system as the guide, and keep a close eye on the core goal of "becoming stronger, better and bigger". Policy banks should clearly define their functions, clarify their business boundaries, and take national interests and national strategic needs as their business values. Their main role is to make up for market failures in some areas and do things that commercial banks are unwilling to do, cannot do and cannot do well. Rural commercial banks can better serve small and medium-sized enterprises by relying on the long-term accumulated local credit and its flexible interest rate policy. They should identify their own differentiated positioning, establish business priorities, pay attention to meeting the differentiated, personalized and customized business needs of "agriculture, rural areas and farmers" and small and medium-sized enterprises, and "do small things" to reduce the loan concentration and the loan scale per household.

　　Comprehensively strengthen financial supervision and effectively prevent and resolve financial risks. Comprehensively strengthen institutional supervision, behavioral supervision, functional supervision, penetrating supervision and continuous supervision, eliminate regulatory gaps and blind spots, and better safeguard financial security. First, improve the modern financial enterprise system with China characteristics, improve the management of state-owned financial capital, broaden the channels for bank capital replenishment, and do a good job in risk isolation between industry and finance. Early identification, early warning, early exposure and early disposal of risks, sound early correction mechanism of financial risks with hard constraints, and timely disposal of risks of small and medium-sized financial institutions. The second is to establish a long-term mechanism to prevent and resolve local debt risks, establish a government debt management mechanism that is compatible with high-quality development, and optimize the debt structure of central and local governments. The third is to prevent financial risks caused by the real estate market. Promote a virtuous circle between finance and real estate, improve the main supervision system and fund supervision of real estate enterprises, improve macro-prudential management of real estate finance, and meet the reasonable financing needs of real estate enterprises with different ownership equally. The fourth is to strengthen the supervision of financial technology. The rapid development of financial technology has enhanced the concealment of financial risks, added many new financial risk points, and put forward higher requirements for the ability of financial supervision. Therefore, financial supervision departments need to innovate financial supervision means and balance the relationship between financial innovation and financial security, so as to encourage financial innovation that will help improve the efficiency of financial services and control financial risks within a safe range.

　　Guangming Daily (November 10, 2023, 06 edition)

Let’s see which ＂beauty politician＂ is the most beautiful. Foreign Ministry spokeswoman Jiang Yu is on the list.


Luciana Leon



Mercedes arauz



Fujikawa Yuri



Tymoshenko



Hilary



Jiang Yu


　　British media reported on the 25th that 20 Minutos, Spain’s largest newspaper, voted online on its website and selected "the most beautiful female politician in the world". Luciana Leon, a young female parliamentarian from Peru, was ranked first for the time being. Other beautiful politicians on the list include US Secretary of State Hillary Clinton and Republican vice presidential candidate Palin, and China Foreign Ministry spokeswoman Jiang Yu is also on the list, ranking 37th.


　　Peruvian beauty is known as "the eighth wonder"


　　According to the report, 54 female politicians shortlisted for this vote came from 30 countries including Israel, Italy, Afghanistan, Ukraine and Finland.


　　At present, the voting results show that Luciana Leon, a Peruvian congresswoman who is a lawyer, won about 24,000 votes and was temporarily elected as the "most beautiful female politician" in the world. The blond Leon is 30 years old and is now the youngest member of Congress in Peru. One voter described her as having an "angel face", and even worse, praised her beauty as "the eighth wonder of the world".


　　In the second place, a female member of parliament from Peru, 47-year-old Mercedes Arauz, won about 15,000 votes. She is Peru’s Minister of Foreign Trade and Tourism.


　　Two Chinese are on the list.


　　On the Chinese side, there are two Penny Wong the list, namely, China Foreign Ministry spokeswoman Jiang Yu, ranked 37th, and Australian Minister of Climate Change and Water Resources Huang Yingxian, ranked 48th. Voters gave Jiang Yu an evaluation that she was beautiful and generous, and her manners were quite decent.


　　Jiang Yu, 44, was born and raised in Beijing. She graduated from the Foreign Affairs College, the cradle of China diplomats, in 1986. She was proficient in English and worked in the Permanent Mission of the Ministry of Foreign Affairs of China to the United Nations. Since 2003, she has been a spokesperson for the Office of the Commissioner in. At the end of 2005, she was transferred back to the Information Department of the Ministry of Foreign Affairs in Beijing as a political counselor. In 2006, she became the deputy director and spokesperson of the Information Department of the Ministry of Foreign Affairs.


　　Hillary Clinton was shortlisted for the "oldest"


　　Palin, a 44-year-old US vice presidential candidate, ranked 24th with 3,173 votes. The 61-year-old US Secretary of State Hillary Clinton ranked 34th. She is the oldest female politician on the list. In addition, Tymoshenko, the Ukrainian Prime Minister whose beauty has long been recognized by the outside world and known as the "natural gas princess", ranked eighth. Royal, a French socialist who lost to Sarkozy in the presidential election, ranked 36th.


　　The female parliamentarians on the German list are only 22 years old.


　　The youngest female politician on the list is Julia Bunker, a 22-year-old female member of parliament from Germany. She was elected as a member of parliament at the age of 18 and is the youngest state member in Germany’s history. She holds high the banner of anti-Nazi, and is a high-profile political star in Germany recently. She ranks 22nd on the list.


　　Fujikawa Yuri, known as the most beautiful Japanese parliamentarian, also made the list, ranking fifth. Fujikawa Yuri has a star-like face. Earlier, in order to promote the tourism industry in her hometown, she tried her best and even boldly launched a photo album to boost the local economy.


　　None of the British female politicians was selected.


　　Surprisingly, there are many young and beautiful female parliamentarians in Britain, and no one is selected for this list. This inevitably makes British journalists somewhat frustrated. In this regard, the British "Daily Mail" said: "British female politicians may not attract the attention of people in other countries in the world in terms of appearance, but they are also very eye-catching."


　　A reporter from 20 Minutes said: "I don’t think British female politicians are famous for their beauty, but if you browse female politicians around the world, some of them are really attractive."


　　According to him, hundreds of readers sent emails to the voting website to discuss their views, but none of them volunteered to add British female politicians to the voting list of the "Global Beauty Politicians List".


　　Spain has five female politicians on the list, which is the country with the largest number of finalists, followed by the United States and Mexico with four people on the list.


　　China Daily Yang Zong

Editor: Li Erqing

The first ＂China Tea Cup＂ Anxi Tea Packaging Design Competition was officially launched.

A few days ago, the Office of Anxi County Tea Industry Management Committee released the announcement on the implementation of the first "China Tea Cup" Anxi Tea Packaging Design Competition, and officially launched the collection of the competition works.

The first "China Tea Cup" Anxi Tea Packaging Design Competition was guided by China Tea Circulation Association, Tsinghua University Academy of Fine Arts Brand Authorized ip Design Institute and Cross-Strait Tea Exchange Association, hosted by Anxi County People’s Government, and undertaken by Anxi County Tea Management Committee Office, Anxi County Tea Development Center, Anxi County Industrial Information and Commerce Bureau, Quanzhou Industrial Design Association and Anxi County Tea Development Promotion Association. With the theme of "breaking the boundary and imagining the future", the contest aims to empower Anxi tea packaging with new images and new ideas, respond to the national standard "Restricting over-packaging of commodities requires food and cosmetics" (GB23350-2021) implemented on September 1, 2023, guide the vast number of tea enterprises and packaging enterprises to adapt to the new standards as soon as possible, further improve the innovation and standardization of Anxi tea packaging, and also provide for enterprises and design talents.

The contest has the following two major tracks:

Anxi Tieguanyin packaging design: Based on Anxi Tieguanyin tea, a set of exclusive packaging of Anxi Tieguanyin tea was created according to its tea characteristics, brand positioning and cultural connotation.

Hundred teas packaging design: This direction is not limited to tea varieties, and can cover any tea varieties such as black tea, oolong tea, black tea and white tea. In order to meet the development needs of tea packaging industry and the management of new standards, a number of innovative, marketable and scientific new packaging were collected.

The total prize money of the contest is 191,000 yuan, of which the highest prize money in a single event is 30,000 yuan. The competition works are designed around six innovative points: appearance, structure, brand, culture, environmental protection and technology. The collection time is from December 2023 to February 20, 2024. Now we are collecting works for enterprises, design institutions, colleges, individuals or teams at home and abroad.

＂Mobile Cinema＂： ＂Crowdfunding＂ nightlife of truck drivers’ community

The scene of the first open-air movie.

The scene of the first open-air movie.

During the day, Tang Jiashun was busy taking orders to pull goods.

　　"It’s so boring, I can only bow my head and play with my mobile phone every night … …”

　　"Is there any activity to attend?"

　　"Or — — Let’s watch movies together? "

　　… …

　　A group of truck drivers in Chengdu hit it off, each with a pack of cigarettes, and distributed red envelopes directly in the group, and soon collected the money for the projector. They planned to run a "mobile cinema" to relieve the boring life.

　　By the way, Tang Jia is a member of this group of truck drivers. He actively responded to this "call". He is a step-by-step drip truck driver during the day and a small vendor who uses trucks to pull vegetables and sell vegetables at night. Now, he has another identity with other drivers — — Film projectionist. He said: "For me, the van is not only a tool to make money, but also a family."

　　Chengdu Business Daily-Red Star Journalist Ma Tianshuai Liu Chengmeng Respondents Photo courtesy

　　"Slash middle-aged" truck driver: driving a truck during the day and selling vegetables and showing movies at night.

　　Scenario 1

　　During the day, Tang Jiashun’s truck is the "guy" who takes orders to pull goods, and it is used to help his wife transport vegetables in the evening. At some time in a week, it will be used to show open-air movies.

　　Accompanied by the vibration of the mobile phone and a "drip" sound, Tang Jiashun shook his body and received signals in his mind at the same time — — Here comes the order.

　　Every morning at seven o’clock, Tang Jiashun will get up on time, pack up and get ready to go out. If he is lucky, he can receive an order reminder from the platform before he leaves home. Under normal circumstances, he will drive a truck to a convenient place outside. When he is unlucky, it is possible to come to the list at ten o’clock.

　　According to the prompt of the system, Tang Jiashun saw the place where he wanted to pick up and deliver goods, and then set off for a day’s work. Pick up the goods and send them safely to the receiving address. On average, this process will be carried out two or three times a day, that is, two or three orders. Chongzhou, Dujiangyan, Wenjiang … … As long as it is within the scope of Chengdu, it is a list that Tang Jiashun can take, so it will probably run for one or two hundred kilometers every day.

　　"Dealing with goods is much easier than dealing with people!" Before running the truck, Tang Jiashun also ran through the express train and hitchhiking. Facing all kinds of passengers, he obviously felt that running the truck was more suitable for him. "He is only responsible for pulling the goods, not unloading the goods. If the receiving boss doesn’t use the imperative tone and asks us to help, we will usually help."

　　After work in the evening, Tang Jia obeyed the truck driver and turned into a "small vendor in the vegetable market". When there were many dishes, he would help his wife to pull the vegetable truck to the vegetable market and sell it together.

　　"Run trucks during the day and sell vegetables at night, so that the income can be about 10,000, and a pair of children have been raised." Tang Jiashun told the reporter of Chengdu Business Daily-Red Star: "I can say that I have been dealing with the steering wheel since I was a child. Now I use it to pick up goods by day and transport vegetables at night. My life has settled down, and now I can occasionally use it to show movies."

　　Everyone has a pack of cigarettes and money to organize a "mobile cinema"

　　Scene 2

　　Wei Jiapei, the driver of Didi Freight Transport, saw someone holding a concert with the truck as a stage on the Internet. Inspired by this, he thought of organizing an "open-air cinema", and his proposal was quickly received by the truck drivers.

　　Tang Jiashun’s unchanging life has changed a little because of the discussion among the truck drivers. The drivers are going to run a "mobile cinema" to relieve the boring life. He is already lively and soon joined this novel and strange action.

　　The name of the drip freight driver who put forward the idea of a truck "cinema" is Wei Jiapei, a native of Bazhong, Sichuan. Master Wei has been a freight driver for a long time, and he thinks that freight masters pull goods during the day to make money. At night, life is quite boring and there is no entertainment. Some time ago, he saw the news on the Internet that a truck master used the truck as a stage to hold a concert, which inspired him.

　　Wei Jiapei’s idea was echoed in the group of truck drivers, and everyone agreed to crowdfunding to buy projectors. For this reason, a group of "open-air movies were specially pulled up", and Tang Jiashun quickly issued crowdfunding funds in the group, wanting to contribute to the mobile cinema.

　　"In the end, there were more than a dozen masters crowdfunding. A pack of cigarettes cost tens of dollars per person, and second-hand projectors and curtains were found in the market." At about 7: 00 p.m. on September 8, all the masters living in Xindu District arrived, and everyone chose "Duantou Road" near Xindu District People’s Hospital as the first movie venue. Tang Jiashun explained that choosing a road like "Broken Road", which is impassable in front of construction, will not affect traffic and the terrain is still empty.

　　Plan to put it once a week to make the truck stop more like a home.

　　Scenario 3

　　The night was completely dark, and a group of people sat around the curtain. They seem to have returned to childhood, and their friends are sitting on a small bench, chattering and waiting … …

　　Several trucks are side by side, and the flatbed car leans against each other. It is convenient and comfortable to sit directly at the rear of the flatbed car with drinks. During the equipment installation process, the masters also wrote a film arrangement table with films such as "Sorry", "Crazy Stone", My People，My Country, Operation Red Sea and so on which the masters voted.

　　"Wonderful clips will be presented immediately. Come on, brothers, what do you want to see? There are all kinds of movies tomorrow!" In addition to drivers and family members, passers-by also stopped and watched the movie at random. Tang Jiashun made a video and shouted. He planned to send the video to the group and shouted more drivers to watch it.

　　The night was completely dark, and the film began. The masters sat around the curtain together and experienced a different atmosphere in the cinema. The masters get together to watch movies, and a comment in Sichuan dialect pops up from time to time, which makes them seem to have returned to their childhood memories, sitting on a small bench with their childhood friends, chattering and waiting to watch a rare film.

　　Until the end of the film, everyone was still discussing. Tang Jiashun said: "We plan to show it at least once a week. Depending on the specific situation, the location is uncertain every time, so it is a mobile cinema, hoping to add some fun to the driver’s boring life."

　　In addition to pulling goods and selling vegetables, for Tang Jiashun, trucks are not only a tool to make money, but also a family member. Although the life of driving trucks is a bit boring, I love this job very much.

The film ＂Golden Finger＂ released the actor’s special feature Tony Leung Chiu Wai Andy Lau’s ＂Another Masterpiece in Performance＂ and scanned the code to read the mobile version.

　　The film Goldfinger released a special feature of "High-end Bureau" actors today. Tony Leung Chiu Wai and Andy Lau have cooperated again after 20 years, and the "old partner" is still full of tacit understanding. Tony Leung Chiu Wai bluntly said that "Hua Tsai is very professional and experienced", and Andy Lau said with confidence: "I think this work is quite mature." After the opening of the pre-sale, many fans bought tickets for the first time to lock the lucky seats of "getting rich for the New Year", thinking that the "pure gold" top lineup led by the double-film emperor was enough to worth the fare.

　　The film Goldfinger is written and directed by Zhuang Wenqiang, supervised by Huang Bin, starring Tony Leung Chiu Wai, Andy Lau and Charlene Choi, starring Yam Tat-wah, Fang Zhongxin, Chen Jiale, Bai Zhi, Jiang Haowen, Taibao and Qian Jiale, and starring Yuan Yongyi in friendship. It will be rich on December 30th, and the pre-sale is in full swing.

　　Tony Leung Chiu Wai and Andy Lau reunited after a long separation, and the tacit understanding of cooperation remained the same after 20 years.

　　From Falcon for the first time to Infernal Affairs, which has been popular so far, after many years’ absence, Tony Leung Chiu Wai and Andy Lau, who are both kings in performing arts, finally co-starred in the film Goldfinger, once again bringing the audience the feeling of reunion for a long time. In the "High-end Bureau" actor special released this time, Tony Leung Chiu Wai and Andy Lau are not unfamiliar when they play the opposite play. No matter what emotional state the other person throws, the other person can accurately receive and perfectly cooperate with the performance. Director and screenwriter Zhuang Wenqiang couldn’t help smiling when he recalled the shooting scene: "They have been talking about things when they were actors." Tony Leung Chiu Wai called Andy Lau a "very professional and experienced opponent". When talking about this cooperation, Andy Lau also said: "I think this is a very mature performance, and it is another masterpiece based on Infernal Affairs." As producer Huang Bin said: "Their tacit understanding is actually very consistent, so we call it chemical action."

　　In addition, the film Golden Finger also gathered the golden cast of Charlene Choi, Yam Tat-wah, Fang Zhongxin, Chen Jiale, Bai Zhi, Jiang Haowen, Taibao, Qian Jiale and Anita Yuen, and joined this extravagant and rich money puzzle. Because the actors are old friends who have worked together many times, the shooting atmosphere is intimate and natural. Charlene Choi, who partnered with Andy Lau when she was a girl, had a new feeling and experience when she faced the re-cooperation between them in the movie Goldfinger after growing up. Andy Lau laughed and said: "She has never changed, and she feels so careless every day." Yam Tat-wah and Fang Zhongxin, the old actors, were both infected by the cheerful atmosphere at the scene: "We talked and laughed, and everyone cooperated quite happily."

　　Two generations of actors collide with fresh sparks, full of expectations, dare to break and stand up, and create a luxury blockbuster.

　　In the film Goldfinger, there are not only the well-known performances of the audience, but also many powerful young actors who contribute to the film. Chen Jiale, a young actor from Chen Jiale who plays opposite Tony Leung Chiu Wai and Andy Lau, also frankly feels very lucky: "They are very good, chatting with our younger generation and giving us confidence." Tony Leung Chiu Wai and Andy Lau also praised the professional level of the young actors, hoping to have a fresh spark in the film.

　　The film Golden Finger tells the story of Cheng Yiyan (Tony Leung Chiu Wai), a down-and-out young man, who made illegal money and power transactions by any means, and created Jiawen Group into a billionaire crocodile. Liu Qiyuan (Andy Lau), the senior investigation director, found the crime behind Cheng Yiyan and decided to put on record for investigation, but he didn’t expect the case to spread to the global financial market, so it took him fifteen years to pursue the case across the border. Many viewers have said that they will not miss the extravagant blockbuster of "getting rich" presented by the double-film emperor in the New Year’s Eve, and will meet their friends and go to the cinema to see the amazing truth of this sensational real case.

Things related to life： archaeology, food, and fireworks.

Fireworks in the bones of the documentary program "Things Related to Life" ep01

Tik Tok Life Service produced Figure jointly presented.

There are many key words about the commonness of China people, and "Food is the most important thing for the people" always ranks among the top. Even when we shout "Only food and love can live up to our expectations", "food" even precedes "love".

With the development of the times, shop-visiting people use the lens to show a variety of unique delicacies and lifestyles, soothe people’s hearts, and link foreign land and hometown, present and past, reality and dreams.

"Things Related to Life" was produced by Tik Tok Life Service and jointly presented by Figure. Liu Yiwei, a traditional media person, was invited to pay a return visit to explore the story of a shop-spotter who discovered shops and shopkeepers in a hidden corner of the city, and to show the influence and change of this new professional group on the life in the neighborhood.

Through the wonderful collision of the three, it brings out different life stories and shows the fireworks and warm blood in the world.

In the first episode, Liu Yiwei flashed Nanjing, the ancient capital of the Six Dynasties, looking for "Fireworks in the Bones".

"Lonely Gourmet" more suitable for China baby’s physique "

Who would have thought that, as a former food program "Top Stream", Liu Yiwei and this episode visited the protagonist and the food detective Bo advocated Liangren with a little formality at first sight.

As a "novice" who started publishing short videos in late July this year, Zhang Liangren’s appearance seems to have no connection with the words "gourmet shop": thin figure, gray temples, cap, black half-rimmed glasses and pedant style-if it must be described metaphorically, he is more like the director of the high school guidance office in the stereotype.

Zhang Liangren, 54 years old, is indeed a teacher by profession, and he is not an ordinary teacher. He is a professor and doctoral supervisor in the Department of Archaeology and Cultural Relics of the School of History of Nanjing University. He has been engaged in archaeological study and work for 36 years. He once presided over the excavation of the Heishui National Site in Zhangye, Gansu Province, and now he is presiding over the Sino-Russian and Sino-Iranian cooperative archaeological projects. "Together, the countries visited and excavated can circle the earth."

My previous working life was extremely simple, and Professor Zhang summed it up with these key words: "teaching", "research" and "students". Now, the personal signature he wrote for his short video account @ Professor Zhang Liangren reveals a kind of playfulness that keeps pace with the times: "A food blogger who can’t archaeology is not a good professor."

Professor Zhang said with a smile that he is not a foodie. "If I score between 1 and 10, I will give myself 6 points.". However, looking through his short video account, jinghua baozi stuffed bun, boiled chicken, crispy duck with mashed taro, glutinous rice eight-treasure duck, Dongpo meat, duck blood vermicelli, firewood wonton … just look at the title, and all kinds of delicious food will come to my face.

Click on the video, and you will find that "spiritual food" is also extremely rich: try a crispy duck with taro, which is extended to the court menu of Emperor Guangxu; Ordering a cage of soup buns, he can trace the long history of the steamer for nearly 7000 years; Picking up a mouthful of duck blood vermicelli soup, he "regrets" that vermicelli soup has a history of only a few decades, but the conversation turned to prove that "the tradition of eating waterfowl in Jiangsu began 2,500 years ago" with a can of duck eggs unearthed from the mound tomb in Jurong, Jiangsu …

A few years ago, the knowledge of unpopular history, combined with Professor Zhang’s "cooking techniques", became vivid, lovely and more pyrotechnic, and quickly became numerous among young people. It is no wonder that he can be called "Lonely Gourmet" by netizens.

"People are curious and want to know where they come from and where they are going, so everyone likes to go to museums, sites and cultural relics. Archaeology is not only a key to open the historical truth, but also an entrance to explore the development law of human society. Zhang Liangren said, "Through modern food, we can introduce the historical knowledge and archaeological knowledge behind various eating habits and tell what the audience doesn’t know. This is our advantage. Academic problems should be related to the concerns of ordinary people. We are rich in knowledge, but we can’t monopolize it. 」

In fact, a lot of "high-cold" knowledge is not cold, but it is the lack of connection with the general public that makes it "unattainable." Compared with monotonous words and complicated tables, with the help of short video images of life to spread knowledge and spread the seeds of knowledge in the most interesting way, the audience can finally satisfy their wish of "being educated in a generous home" in a lively and relaxed atmosphere through one screen.

The gold content of knowledge brings great flow.

Professor Zhang made no secret that the idea of making a short video was to spread knowledge to the public on the one hand, and the original intention was to "expand the popularity", let more people know the value of archaeology and support archaeological research in more ways.

He has thought of many ways, but they can’t really solve the problem. Until last year, Zhang Liangren accidentally turned to a monograph "Diet in China Culture" in the 1970s-the editor-in-chief of this book, Professor Zhang Guangzhi, is a famous archaeologist and anthropologist in China and also a mentor of Zhang Liangren’s mentor.

From the pre-Qin Dynasty to the Han, Tang, Yuan, Ming and Qing Dynasties, this book has made a panoramic display and interpretation of China’s food culture: how the characteristics of agricultural society affect the evolution of food in this land, and how Confucian moral concepts and social organization methods determine China people’s cooking and dining habits …

The origin of his legacy has opened a new world for Zhang Liangren: a thousand years can also be seen between a meal and a ladle of drink. Taking food as the starting point, he decided to try to make videos from the media.

"I know archaeology, but I don’t know new media. Writing papers is my job, but I’m not very good at writing scripts, so I’m looking for a professional video creation team to cooperate. Before shooting, the team will first step on the spot, choose the appropriate protagonist-food, and then look for information and write scripts. After the script is written, Professor Zhang will first review the professional historical knowledge involved, and then proceed with the shooting. Finally, the team will edit, modify and polish it later.

Although the image in the video is humorous and friendly, Zhang Liangren waves his hand and laughs at himself. He is an "old pedant". It is a big problem to introduce food to the camera at once.

"How long did you shoot for the first time? "Chat, Liu Yiwei asked curiously.

"The video we shot for the first time has not been sent yet. "Professor Zhang’s partner and head of the video team, Mr. Dai, said," It’s equivalent to a waste. 」

Professor Zhang Liangren visited the video shooting scene of the store.

"In a way, I shouldn’t make videos. Professor Zhang added, "I can’t speak in front of the camera, and my expression is very stiff. So I practiced Putonghua, enunciated words and practiced various skills … It took me two months to get used to it. 」

Nowadays, although he is still a little green and cramped, he can look straight into the camera, clearly tell the history behind the food, and even make some funny expressions and actions to interact with the audience off the screen. "I want to know the preferences of ordinary people, choose how to talk to them, and present the state in front of the camera. This is a huge change for me. Until now, I am still learning. 」

With his "unique skills", Zhang Liangren has gained 76,000 fans and 526,000 likes in just over four months after he entered the short video platform, which is also a minor celebrity in social media.

However, compared with the rapidly increasing traffic figures, what makes him more happy is that more and more questions related to archaeology and history are seen in messages or private letters, "more people are interested in our archaeology"; It is the video of exploring the store that really brings gain to the store.

"It is helpful to the growth of our store’s turnover and popularity. "The boss of the soup dumpling shop where Professor Zhang recorded the video of visiting the shop said in a mouthful of Nanjing Mandarin," After Professor Zhang came, the Internet publicity was too strong. Now is the age of young people, and it will be great if they forward it on their mobile phones. Moreover, the video can continue to spread and accumulate over time. 」

"Where did the fireworks gas come from? 」

"What are the criteria for choosing a topic? "Liu Yiwei has a new question.

The answer given by the team seems quite simple: combining with what Professor Zhang can say, it can be grafted with archaeology. "We hope that the spread of knowledge will sink a little and make knowledge more pyrotechnic."

For China people, delicious food is not only a thing to eat, but also has a soothing effect. "Sometimes, what we eat is not food, but a habit and a kind of homesickness. "Cai Lan once wrote in the article.

Many times, what we remember is a connection, a connection with our family. As a teenage customer in the aforementioned soup bag shop said, "My grandmother used to make soup bags, and since her death, she hasn’t eaten that kind of (taste) … it smells like home here. 」

"In the book, I often talk about the smoke curling up, and that’s fireworks. Professor Zhang added. Walking into the small shops in the city, the favorite places of ordinary people, and the places where they eat and drink in their daily lives, the fireworks are there, and "by the way, they are also responsible for eating it."

China has been an acquaintance society for thousands of years. Once, "We have neighbors, we have relatives and friends, and we walk around and associate with each other", Liu Yiwei lamented, "From the point of view of exploring shops, we want to eat a good food. In the past, we could only ask acquaintances for information, but now we just need to turn on our mobile phones and look at your acquaintances in social media".

When you are in the urban forest made of reinforced concrete, you are overwhelmed by trivial matters and anxious life. Fortunately, people like Professor Zhang Liangren, behind the screen, talk about celebrities, worldly affairs, customs and people’s livelihood with the calmness precipitated by thousands of years of history, and take you back to appreciate the daily beauty of "nearby" life and "pursue your own fireworks".

This is a special gift in the video age.

Documentary program "Things Related to Life", produced by Tik Tok Life Service and jointly presented by Figure, has been online since December 18th. From the perspective of Liu Yiwei, a senior food program host, it explores the story that Daren discovered shops and vendors in the hidden corner of the city, and shows the influence and change of this new professional group on "nearby" life. Three different life stories show the fireworks and warm blood in the world.

Director | Wan Xiaozhang

Write a manuscript | fresh in

Editor | Xu Jing

Produced by | ｜FigureVideo

－ END －

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Original title: Things Related to Life: Archaeology, Food and Fireworks.

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Today’s football recommendation analysis score forecast Bologna VS Lazio La Palmas VS Atletico Madrid

In the 11th round of Italian first-class football league, Bologna played against Lazio at home. Bologna’s scoring efficiency is good this season, but there are many draws. In the last round, Sassuolo was tied, and all the away games were tied this season. Bologna has been unbeaten in the last 9 games, with 3 wins and 6 draws, and all three victories were won at home. Lazio beat Fiorentina 1-0 in the league on Tuesday morning, and Inmobile scored a 90-minute penalty to help the Biancocelesti score all three points. At present, Lazio has won three consecutive victories in the league, while 2 wins and 3 losses in the away game, and defeated Sassuolo as a guest to end the two-game losing streak in the away game. This season, the Biancocelesti’s attack is average, with only 13 goals scored in 10 rounds and 12 goals conceded.

Lazio won 1 win and 1 draw against Bologna last season and remained unbeaten. However, in four consecutive seasons, Lazio only scored 2 draws and 2 losses without winning, and even failed to score in the last three games. The data of this game is insufficient for Lazio’s support. After all, as a traditional strong team in the league, the tie is not easy to overestimate when its reputation and status are dominant.

Therefore, the home team, Boluo, is always in Asia, and it is expected that the match will be more exciting than the match 1 midfielder. The right pair is in charge. The performance in the field is stable and has the strength advantage, while Lazio needs to show better performance in the away game to continue its unbeaten record.

Las palmas beat Manakol 3-0 in the last round and won two consecutive victories, in good shape. The team has a strong offensive ability, scoring only 9 goals in the past 5 rounds, but the defensive quality has improved, losing 4 goals in the past 5 rounds. This season, it has achieved 4 wins, 2 draws and 5 losses, ranking 10th in the league. Sandro ramirez, Fabio Gonzá lez and others were plagued by injuries or missed the game. It must be difficult for this field to face the former bitter Atletico Madrid.

Atletico Madrid beat Aravis 2-1 in the last round, and the team’s morale is like a rainbow. So far this season, it has achieved 8 wins, 1 draw and 1 loss, and its performance is excellent, ranking third in the league. In the last five rounds, he scored a total of 12 goals, averaging 2.4 goals per game. The quality of the team’s defense is very high, and he lost 6 goals in the past five rounds. French striker Gleizman scored 7 goals, and Morata scored 6 goals, which was the main scorer of the team. At present, Victor vitolo, Depe, Mandawa, etc. in the team are plagued by injuries or absent from the game. Atletico’s players can always adapt to different competition environments and play well. Their tactical flexibility and adaptability enable them to always have an advantage in away games.

To sum up, I think Atletico Madrid will win on the road. Although we know that the away game is full of challenges, Atletico’s strength, experience and tactical flexibility all indicate that they will win this victory. I believe they will show their advantages in the competition and finally win.

A Book of the Day ｜ Women’s Thoughts

Women’s thoughts

Author: [Japan] Ueno Chizuko

Translator: Lu Weiwei

Version: Zhejiang University Press

September 2022

Recommended index:★★★★★Presenter: Qing Qingzi

In recent years, many works by Chihiro Ueno have been translated and published. During this period, there are two books, one is "Starting from Limit" and the other is "Women’s Thought" to be recommended today. Although the styles of the two books are different, after reading them, we will realize that both books are dialogues. The former is a dialogue between Ueno and Suzuki liang zi about their own confusion, while the latter is a dialogue between Ueno and her predecessors who influenced and forged her and their works.

The Thought of Women is divided into two parts. In the first part, the works of five Japanese female thinkers are selected, namely Morizaki Kazuji, Shimuli Daozi, Tanaka Zhongjin, Taeko Tomioka and Shuitian Zongzi. The second part introduces and guides five western thinkers who are more familiar to readers: michel foucault, edward said, Eve Kosovski Segivik, Joan wallach Scott and Judith Butler.

Among these thinkers, Ueno Chizuko has repeatedly expressed the important influence of Morizaki and Jiang on her. In the recommendation of Miss Tangxing written by Morizaki and Kawasaki published in June this year, Ueno once wrote: "I want to find a language that only belongs to women when women tell their experiences. What struck me was Morizaki’s words … How much influence did this man have on me? It is too difficult to estimate. " The same words also appeared in Women’s Mind: "I selected the books that I have read and gained strength from, which constitute my blood and flesh, and interpreted them … In other words, this book is my understanding and my’ creation’."

It is worth mentioning that in the dialogue between Ueno Chizuko and these thinkers, their influence on Japanese sociology, feminist/gender studies and women’s liberation movement was also introduced. Language and thought, of course, are not created out of thin air. Ueno took over the language and thought of her predecessors, and now we have taken over the book from her.

Author/Wang Qing

Editor/Li Yongbo Gong Zhaohua

Proofreading/Wang Xin

What is fashion？ Fashion in my eyes is not equal to fashion.

Take to the streets and meet girls with heavy makeup from time to time. Some people say it’s affectation, others say it’s fashion. When I turn on the TV, I often "meet" with long-haired men. Some people say that it is ostentatious, while others say that it is fashionable. Some people are obsessed with internet cafes all day, some people say that it is a waste of youth, and some people say that it is really fashionable. Overnight, the wind of "fashion" blew all over the streets of society. I don’t know when, it quietly ran into our campus, attracting countless boys and girls to chase the "fashion" footsteps.

Some students think that fashion is the latest fashion. Some students think it is fashion when they see the "cool hairstyles" that movie stars do at will on TV. Some students regard drinking and smoking as fashion; Some students regard cliques as fashion; Some students even regard violating discipline as fashion, regardless of school rules. In fact, they simply don’t understand the true meaning of "fashion", and their practices just trample on and defile the beautiful word "fashion".

What is fashion? Fashion in my eyes is not the same as fashion. "Time" is fashion. Does "Shang" mean "noble"? Fashion, can we understand it as a popular and good atmosphere and habit at that time? In this case, we should treat popular things in two ways, and never follow blindly. The pursuit of fashion is not necessarily right. If "baldness" really became popular, wouldn’t all the streets become monks and nuns? If everyone really dances "street dance", wouldn’t the street become a "dance floor", and how can the traffic be smooth?

# Fashion Fashion Matching # # Beauty Meitu #

After five years, who can cross the hill？

This article Source: Time Finance Author: Zhou Jiabao

"If you want to succeed in China, you have to find a general trend. Find the wind and you can take off with one wing. When the general trend is no longer, even Kun Peng can’t fly. " In April 2023, Ma Xiaoyu, vice president of L ‘Oré al China and general manager of high-end cosmetics department, spoke frankly to Time Finance and other media.

In the past five years, influenced by many factors, such as the awakening of consumer awareness, Internet traffic bonus and the upgrading of economic structure, the beauty industry in China has experienced an unprecedented highlight moment.

Statistics from the National Bureau of Statistics show that from 2018 to 2022, the total retail sales of cosmetics in China increased from 261.9 billion yuan to 393.56 billion yuan. In the first half of 2023, the total retail sales of cosmetics in China increased by 8.6% year-on-year to 207.1 billion yuan, which was more than the total retail sales of cosmetics in 2015.

The rapid expansion of the market has made China the largest overseas market for international beauty groups, and also allowed many local beauty companies to taste the fruits of victory. In 2022, more than 30 domestic beauty companies entered the echelon with annual revenue of 1 billion yuan, and the single-brand revenue scale of head enterprises exceeded 5 billion yuan.

However, it is impossible for any industry to stay in a high-speed growth environment. "This wind in China is in the troposphere." Ma Xiaoyu added that the troposphere, with frequent air movements, indicates the complicated and changeable beauty market environment in China.

When the impact of the epidemic "black swan" has not completely dissipated and the Internet traffic dividend has peaked, this uncertainty has become more and more prominent. Although the development of the industry has matured, the consumer demand has always been difficult to meet expectations. After experiencing a rush from 0 to 1, local beauty began to slow down and enter a cyclical adjustment.

We have seen that domestic beauty companies that have gained market share in the past few years have begun to scramble to get out of the comfort zone. Huaxi Bio, Polaiya, shanghai jahwa and other track head players make new decisions at this crossroads. In the short-term interests and long-term benefits, the latter is chosen to seek a more stable chassis to confront possible opportunities and shocks.

Make up lessons for high growth:Beauty industry long slope seeking snow

Entering the adjustment period does not mean that the fast-moving train suddenly loses its kinetic energy.

In the first half of this year, the achievements of domestic beauty companies were still bright. According to industry media statistics, the total revenue of ten local listed beauty companies, such as Huaxi Bio, Polaiya, Betani, shanghai jahwa and Aimeike, exceeded 22.3 billion yuan in half a year, achieving double-digit growth compared with the same period last year. Among them, the revenue scale of Huaxi Bio and Polaiya exceeded 3 billion yuan, setting a record high.

It is worth noting that the latest performance data reflects two new changes in the domestic beauty industry.

On the one hand, domestic beauty companies began to stage a ranking chase, and the scale of head enterprises continued to grow, but the gap was narrowing. In terms of revenue scale, shanghai jahwa, which owns many skin care brands such as Yuze and herborist, still ranks first with 3.629 billion yuan. At the same time, the latest revenue of Polaiya, a latecomer, reached 3.627 billion yuan, only 2 million yuan behind shanghai jahwa. Huaxi Bio, on the other hand, bit behind with a scale of 3.076 billion yuan. Betani’s 2.368 billion yuan is not far from Shuiyang’s 2.29 billion yuan.

On the other hand, the slowdown in growth has become a fact that most enterprises must face. Although some enterprises achieved double-digit growth in the first half of this year, it is still impossible to rule out the influence of low base under the domestic epidemic control factors in the first half of 2022, and the slowdown trend is more obvious than that in 2021.

First look at the revenue growth rate. From the first half of 2021 to the first half of 2023, the year-on-year growth rate of shanghai jahwa’s revenue decreased from 14.26% to 2.3%. The year-on-year growth rate of Huaxi Bio’s revenue decreased from 104.44% to 4.77%; The year-on-year growth rate of Shuiyang’s revenue dropped from 49.94% to 4%; The year-on-year growth rate of Aimeike’s revenue dropped from 161.87% to 64.93%. Looking at the growth rate of net profit, the year-on-year growth rate of Shuiyang shares in the first half of 2021 was 164.48%, while the growth rate in the first half of this year was 72.02%; Betaine’s net profit growth rate dropped from 65.28% in the first half of 2021 to 13.91% in the same period this year.

The change is the result of many factors. The research department of CITIC Securities divides the industrial life cycle of China’s beauty industry into four stages: at present, China’s beauty industry has gone through a period of rapid growth and is in a platform period. After that, there will be the next round of rapid growth and maturity. In the platform period, the uncertainty of the environment faced by domestic beauty cosmetics is prominent. This includes the bottleneck of demand-side consumption upgrading and insufficient consumption willingness; The supply-side traffic dividend is coming to an end, and model innovation is stagnant; Policy-side supply supervision is strict.

In addition, Xu Xiaofang, chief analyst of the agency’s beauty and business, also pointed out that after the "618" in 2021, the return on investment in the primary market declined, the investment momentum declined, and the funds in the primary market began to ebb. It is also at this stage that domestic beauty companies have begun to make up lessons for the high growth in the previous stage and gain momentum for the next stage of development.

Huaxi Bio clearly stated in the financial report that the slowdown in growth rate is the result of the company’s initiative to get rid of the past success path dependence and carry out comprehensive reforms.

Huaxi Bio said, "The external traffic dividend is slowing down, the traffic cost is getting higher, and the superimposed internal organizational structure and operation management need to be further upgraded. In the first half of the year, the company thoroughly examined the business health and took the initiative to make strategic adjustments to slow down the development speed."

Xu Li Squat:Endogenous growth sumLongevism

American financial tycoon Soros once said: "I am not afraid of anything, but I am afraid of uncertainty." Uncertainty will aggravate the vulnerability of enterprises and shorten their life.

How do domestic beauty companies cross the cycle in an uncertain environment?

Dongxing Securities Research Report pointed out that the development process of international beauty products has gone through the development stage of "classic products-classic brands-brand matrix", that is, the brand positioning is established with classic products, and the brand establishes enterprise tonality, while the perfect brand matrix becomes the shield for the beauty products to grow continuously through the cycle.

The constant core and underlying logic of these three development stages is still the product. For example, Estee Lauder’s small brown bottle, L ‘Oré al’s Bose water emulsion, Lancome’s small black bottle and other products have firmly occupied consumers’ minds for decades and are still iterating to support the constantly updated brand story.

In the past few years, the remarkable effect of the big single product strategy of domestic beauty companies such as Huaxi Bio and Polaiya has also confirmed this point. Among them, Runbaiyan, the core brand of Huaxi Bio, has achieved a 20-fold growth in the four years since it entered the C-end market. In 2022, Runbaiyan’s single brand revenue will reach 1.385 billion yuan. In addition, its Quadi’s 5D essence, Mibel’s pink water and blue bandage mask, and muscular brown rice water are active in the platform promotion list.

Huaxi Bio-Runbaiyan’s Large Single Product Series

In this context, increasing investment in R&D system construction and consolidating product strength have become the only way for enterprises to cross the cycle.

The R&D investment of domestic beauty companies in the head is constantly increasing. From 2020 to 2022, Huaxi Bio’s R&D expenditure increased from 94 million yuan to 388 million yuan per year, maintaining its leading position in the industry. Bettini’s R&D investment increased from 63 million yuan to 255 million yuan. While Polaiya increased from 72 million yuan to 128 million yuan. In terms of the number of R&D personnel, Huaxi Bio also has an absolute advantage with 827 R&D personnel, with 391 R&D personnel in Betani and 229 in Polaiya respectively.

Compared with the low R&D expense rate of domestic beauty products, the data in the first half of this year gave the industry enough confidence. The data shows that the R&D expense rates of Huaxi Bio and Betani are as high as 6.07% and 4.6% respectively. And Polaiya, shanghai jahwa, giant creature also exceeded 2%. According to the research report of CITIC Jiantou Securities, the R&D expense ratio of international head beauty enterprises is mainly between 1.5% and 3.5%. According to Dongxing Securities, the highest R&D expense ratio of L ‘Oreal is 3.2%.

Behind betting on R&D is the determination of head enterprises to change from "growth to external environment" to "promoting endogenous growth". Xu Xiaofang pointed out, "In the past, local brands were grabbing traffic, doing marketing, and upgrading new products. Now they have begun to strengthen various solid actions such as personnel training and upgrading, and organizational restructuring."

The operation and management of head enterprises are moving towards the era of refinement. Time Finance learned that since 2020, Huaxi’s biological organization structure has been continuously optimized to promote the refined operation of skin care and other businesses. The front desk has clearly defined career lines and business divisions, and established seven major Chinese-Taiwanese empowerment business departments, including R&D, supply chain and brand building. In 2023, the adjustment is still going on, involving business operation management system, organizational function management system and talent ability model. In addition, Polaiya is also implementing a more refined operation management system, supplemented by the self-driven organization construction of "culture-strategy-mechanism-talent". Pan Qiusheng, Chairman and CEO of shanghai jahwa, also revealed in the previous semi-annual performance meeting that the organization is undergoing internal adjustment to improve its operational efficiency.

When long-term doctrine becomes the consensus of the whole industry, the logic of the capital market to look at domestic beauty is also changing.

Pan Jie, director of consumer investment of Lianjie Qichen Capital, pointed out to Time Finance, "In the upward stage of economy, whoever can tell the story of C-end brand well, grasp consumers’ hearts, implant brand minds and establish a moat of values will be able to seize consumers’ purchasing power. At that time, we will pay more attention to the brands that run out of the C-end, and most of them lack supply chain capabilities. However, in the economic downturn, the consumption power of C-end is weak. At this time, the upstream supply chain facing B-end shows its advantages, and we will go upstream to find enterprises with R&D capabilities and production capacity. Many times, these companies are the foundries of former big brands. "

In Pan Jie’s view, enterprises with product R&D and supply chain capabilities are more resilient to growth, which is linked to long-termism. They can not only meet the changing needs of consumers continuously and quickly, but also have stronger resistance to pressure in an uncertain environment.

Domestic beauty "revival":Return of discourse right in local market

At present, the right to speak of domestic beauty cosmetics in China market is gradually returning.

According to Wanlian Securities, as early as 2021, domestic brands showed the ability to compete with international brands in the market. In 2021, the retail sales of domestic brands in China cosmetics market was 447 billion yuan, while the retail sales of international brands was 500 billion yuan.

In the more specific C-end skin care market, in the past few years, the bioactive components on the fermentation platform such as hyaluronic acid, γ-aminobutyric acid and ergothionine of Huaxi Bio, ergothionine, peptide, alcohol A of Polaiya, and plant active components of Betanie with Yunnan characteristics have made consumers aware of the advanced technology of domestic cosmetics.

Domestic enterprises headed by Huaxi Bio, Betani and Polaiya are also breaking through the monopoly of foreign giants, especially in the field of functional skin care. According to the data of Jost Sullivan in 2021, the concentration of head enterprises in the market structure of functional skin care products in China reached 67.5%. Among them, Huaxi Bio-market accounted for 11.6%; The market share of the two major beauty groups from Japan and France is 10.06% and 12.4% respectively.

Although the growth of cosmetics market in China is slowing down, the scale of cosmetics market in China still ranks second in the world, and its growth rate is ahead of the world, which provides an opportunity for China beauty enterprises to "overtake in corners".

According to Jost Sullivan’s data, the compound annual growth rate of cosmetics market in China is 12.0% from 2015 to 2021, while the compound annual growth rate of global cosmetics market is only 2.2% in the same period. According to the research, the cosmetic market in China will reach 1.48 trillion yuan in 2026.

Pan Jie believes that for domestic beauty companies, the next opportunity is still in functional skin care and high-end beauty track. According to Jost Sullivan, from 2022 to 2027, the compound annual growth rate of functional skin care products market in China may be as high as 38.8%. "Most of the international brands that supply the domestic market are produced in China. Domestic beauty companies, especially those that come from raw materials, have greater advantages in the production, efficiency and cost of core components. Research and development of this piece must adhere to long-term. " Pan Jie said.

According to the analysis of Dongxing Securities, China has been in the international leading position in the fields of synthetic biological preparation of recombinant collagen, rare ginseng and saponin. Domestic brands began mass production of recombinant collagen skin care products in 2009 before international brands. It has a strong leading edge in the research and development, production and application of recombinant collagen.

Judging from the concrete results of the enterprise, Huaxi Bio entered the synthetic bio-track in 2018 on the basis of absolute leadership of hyaluronic acid. As of June 30th, Huaxi Bio, which has 121 R&D projects on raw materials and synthetic biology, has achieved rapid iteration of synthetic biological production strains in the first half of the year, and the trial production of recombinant collagen, lipopeptide, enzymatic sialic acid and other products has been completed, and more than 10 products have entered the pilot stage. In the first half of the year, Huaxi Bio listed BioyouthTM-EGTPure ultra-pure ergothionine and HybloomTM micro-truth, which greatly improved the production efficiency.

Huaxi Bio revealed that in the second half of this year, the company’s sterile HA (hyaluronic acid) production line is expected to be officially put into use, further consolidating its leading position in the top-end market of hyaluronic acid. At the same time, Hainan Huaxi Biotechnology Industrial Park (Phase I) will also be officially opened, which will help promote the layout of Huaxi Bio in medical devices, regenerative medicine and international business.

China’s domestic beauty cosmetics have obviously begun to tear off the parity label, and started a war about "leading the future" with international beauty cosmetics.