"Super Comfortable Electric Hybrid Flagship SUV" Starway Eta Ursae Majoris C

  On February 26th, Eta Ursae Majoris C-DM officially announced the pre-sale of "Super Comfortable Electric Hybrid Flagship SUV". The pre-sale guide price is 172,800 yuan for long-life plus, 182,800 yuan for long-life pro, 202,800 yuan for long-life pro and 222,800 yuan for long-life Max 22.28 Eta Ursae Majoris C-DM is the first model of Starway M3X Super Hybrid Platform (hereinafter referred to as M3X Super Hybrid Platform). It has won the endorsement of China authoritative awards in terms of design, chassis, hybrid system, cabin air quality and safety, and the new car will be officially launched in the first quarter.

"Super Comfortable Electric Hybrid Flagship SUV" Star Road Eta Ursae Majoris C-DM opens pre-sale _fororder_image001

"Super Comfortable Electric Hybrid Flagship SUV" Star Road Eta Ursae Majoris C-DM opens pre-sale _fororder_image002

  Fan Xing, executive deputy general manager of Xingtu Marketing Center, said, "Eta Ursae Majoris C-DM will take the concept of luxury and equal rights as its concept, and based on the native hybrid technology of M3X super-hybrid platform, it will bring a 400,000-level value experience of running fast, going far, driving steadily and being safe enough, fully open users’ full-scale anxiety and comfortable life, and lead a new era of high-end hybrid market." This sentence is full of Xingtu’s expectations for Eta Ursae Majoris C-DM. It is understood that based on the concept of luxury equal rights, Eta Ursae Majoris quickly became the main model of Starway after its listing in February, 2013, which brought multiple breakthroughs of "annual sales of 100,000+,upgrading of high-end users’ portraits and capturing first-and second-tier cities" and greatly promoted the brand to enter the "mainstream high-end competition circle". With the addition of Eta Ursae Majoris C-DM, the new car will undoubtedly lead the Star Road brand up again.

"Super Comfortable Electric Hybrid Flagship SUV" Star Road Eta Ursae Majoris C-DM opens for pre-sale _fororder_image003

  From the perspective of brand, market and products, the market potential of Eta Ursae Majoris C-DM can not be underestimated. On the one hand, following the reputation of luxury and equal rights accumulated in Eta Ursae Majoris, Eta Ursae Majoris C-DM will achieve a "dimension reduction blow" with the value of high-end new energy. On the other hand, in the previous national professional media test drive, it generally recognized the outstanding advantages of the same level, such as the advanced technology of the three-speed super hybrid DHT, the super-sensing chassis of flying fish, the long endurance of 1343km, and the high safety of the M3P battery in Contemporary Amperex Technology Co., Limited, which led to the high consumer expectations of the new car before it went on the market. Coupled with the surprise brought by the pre-sale price, the new car can be described as a triple dark horse potential superposition, and it is bound to achieve a greater breakthrough after listing and become a new species in the mid-level SUV market.

  The whole scene 0 anxiety opens the new comfort and beautiful travel.

  The good reputation of Eta Ursae Majoris C-DM also comes from a series of real extreme challenges under the conditions of "real users, real scenes and real car demand" for the pain points of hybrid cars. In December last year, Starway officially launched the "Eta Ursae Majoris C-DM 10,000 People Public Test" program for the whole country, which was the first real scene extreme challenge of the original hybrid vehicle in the automobile industry, and immediately set off a "public beta" craze on the Internet, including people from different circles and different car needs, such as bilibili UP owners, professional media KOL, industry experts and Starway users, who participated in ten thousand comprehensive evaluations and ten thousand extreme tests.

  It is worth noting that in view of the biggest pain point of the "winter endurance anxiety" of new energy vehicles, in January, Starway officially used a north-south double-line long-life live broadcast challenge of "the whole network is a mirror to the end, millions of people watch, and millions of people like it". Let consumers witness the long-life anxiety. The WLTC of Eta Ursae Majoris C-DM has the highest comprehensive cruising range of 1343km. The live motorcade set off from Harbin (north line) and Wuhan (south line) respectively, taking the real car scene with a high-speed speed speed of 100km/h+, air conditioning on and full load as the test condition, from "full charge and one tank of oil" to the last "one drop of oil and one degree of electricity", and finally the northern line was-minus 30.

  M3X Super Mix Technology Empowers: Go far, run fast, drive steadily and safely.

  Thanks to the native technology empowerment of M3X super-mixing platform, Eta Ursae Majoris C-DM’s natural and super-comfortable product strength has been created, and the whole scene of 0-anxiety travel experience has been realized. "What is super comfortable? In layman’s terms, it means running fast, going far, driving steadily and being safe enough, "Fan Xing said.

  M3X super-hybrid platform condenses Chery’s 27-year positive R&D wisdom, and has two innate genes: global and high-end. It is a world-class leading super-comfortable native hybrid platform. As the first model of the platform, Eta Ursae Majoris C-DM considered the layout of the three power systems from the beginning of research and development, and conducted reliability tests in Indonesia, the Middle East, South America, Brazil, Germany, Heilongjiang, China and other places around the world. The waterproof performance of the whole vehicle was developed according to the national standard 3 times, the waterproof performance of the battery pack reached the national standard 48 times, and the whole vehicle such as batteries met the requirements of "as low as -35℃ and as high as 60℃",-35.

"Super Comfortable Electric Hybrid Flagship SUV" Star Road Eta Ursae Majoris C-DM opens pre-sale _fororder_image004

  Run fast

  The hybrid system of Eta Ursae Majoris C-DM won the title of "Top Ten in China Heart" in 2023 and the special prize of the jury of the 4th China Automobile Fengyun Festival by CCTV. It consists of the fifth generation ACTECO 1.5TGDI high-efficiency hybrid engine, three-speed super hybrid DHT, hybrid battery and battery management system. Among them, the thermal efficiency of the engine exceeds 44.5%, and the two-wheel drive model is equipped with dual-drive motors. The maximum total power of the power system reaches 270kW and the maximum total torque is 605 N m. The surging power performance brings a comfortable daily commuting experience. It takes only 4.2s to accelerate at 90-120km/h, and there is no pressure to overtake at high speed. The four-wheel drive model is matched with three motors. The maximum total power exceeds 400 kW, the maximum total torque exceeds 900 N·m, and the zero-speed acceleration reaches the 4-second club. On the whole, each performance can be called "the most advanced technology and the strongest dynamic performance" at the same level.

"Super Comfortable Electric Hybrid Flagship SUV" Star Road Eta Ursae Majoris C-DM opens pre-sale _fororder_image005

  Go far

  The maximum battery capacity of Eta Ursae Majoris C-DM is 34.46kW·h, and the maximum pure battery life of WLTC is 160km. Charging once a week can meet the commuting needs for a whole week. Don’t worry about holidays. The highest comprehensive cruising range of WLTC of Eta Ursae Majoris C-DM can reach 1343km, and the measured cruising range limit can reach 1,418 km+.A tank of oil can be driven from Shanghai to Beijing, and the family can fully enjoy their parent-child time. Charge for 20 minutes to recharge 30%-80%, and a cup of coffee can be fully charged. WLTC is short of electricity and fuel consumption of 5.4L/100km, so it saves money no matter how it is driven.

"Super Comfortable Electric Hybrid Flagship SUV" Star Road Eta Ursae Majoris C-DM opens pre-sale _fororder_image006

  Drive steadily

  Eta Ursae Majoris C-DM is not only far ahead in terms of power and endurance, but also the unique flying fish super-sensing chassis at the same level has won the title of "Top Ten Chassis in China", equipped with CDC electromagnetic suspension system, Soft Stop system, chassis hydraulic vibration isolation system, intelligent brake-by-wire system and other common configurations of luxury cars, especially in waiting for traffic lights, overtaking with large throttle, U-bend and other sections, so as to maximize the realization of "starting without looking up, braking without nodding, turning without tilting, bumping without sprinkling water". At the same time, the four domains integrate EEA electronic and electrical architecture, support OTA iterative ability, and bring common and always comfortable luxury enjoyment.

"Super Comfortable Electric Hybrid Flagship SUV" Star Road Eta Ursae Majoris C-DM opens pre-sale _fororder_image007

  Safe enough

  Safety is always the DNA in the blood of Xingtu brand. Eta Ursae Majoris C-DM is the first hybrid vehicle equipped with Contemporary Amperex Technology Co., Limited’s brand-new M3P high-safety battery. It has a unique 1+8+1 battery management system in the industry, and the power is cut off rapidly when driving and charging collide for 2ms, so as to prevent the danger from happening. The whole vehicle is built according to the global N-CAP five-star collision standard. It adopts high-strength steel+aluminum lightweight space capsule design and two horizontal and three vertical embracing force transmission structures, bringing indestructible safety protection to users. In the design of the battery, the center is symmetrically arranged, protective plates and heat insulation plates are added around it, and protective reinforcing beams and energy-absorbing structures in the doorsill are added laterally to the car body, so that the battery pack can not be deformed even if it encounters impact. There is also the first batch of zero-formaldehyde cockpit car certification in China, which builds a protective "King Kong Cover" for users from multiple dimensions such as battery safety, active and passive safety and air quality safety.

  The best solution in the new energy market leads the new era of high-end hybrid.

  Previously, Yin Tongyue, secretary of the Party Committee and Chairman of Chery Holding Group, once placed his trust in the Star Way brand in public, "We want to make Star Way Chery’s ‘ BBA’ , become the brand pyramid of Chery Group ‘ Spire ’ , leading the entire Chery brand pyramid towering into the sky! And it is lit with new energy ‘ Spire ’ And help the high-quality development of China automobile ". After a series of extreme hard core tests, Eta Ursae Majoris C-DM, which has won wide acclaim, is undoubtedly the best solution for the new energy market. With the concept of "luxury and equal rights", the new car will bring users a full scene of anxiety and comfort, reshape the market structure with high value, and become a leader in the high-end hybrid market. (Source: Qi Ruixingtu)

Huawei has won another international car company! Toyota will use Huawei to "smart drive"

Recently, according to online news, Toyota may adopt an intelligent driving scheme jointly developed by "Toyota+Huawei +Momenta". This scheme may be provided by Huawei with high-level intelligent driving hardware and Momenta with software solutions, which is different from the HI mode in which Huawei provides a complete set of solutions.

Huawei and Toyota have the foundation of intelligent cooperation. For example, the ninth generation Camry car system of GAC Toyota was jointly built by Toyota and Huawei. This car is equipped with Qualcomm Snapdragon 8155 car chip, and the smoothness of the car has been greatly improved compared with the old models.

It is believed that the cooperation between Huawei and Toyota in the field of intelligent driving was also based on the previous cooperation.

Momenta is actually an old friend of Toyota. As early as March 18, 2020, Momenta, an autonomous driving company, announced that it had reached a strategic cooperation with Toyota to provide Toyota with high-precision maps and update services based on camera visual perception technology, and to promote the commercial landing of Toyota’s Automated Map Platform (AMP) in China.

At the same time, Momenta also provides a solution for the high-order intelligent driving of Zhiji automobile. Zhiji’s high-order intelligent driving is based on hardware perception including laser radar, and now it can realize high-speed/urban expressway and intelligent navigation assistance function of urban roads.

Therefore, it is not a big problem for the intelligent driving scheme jointly developed by Toyota, Huawei and Momenta to realize the functions of high-speed/urban expressway and even urban navigation.

Moreover, both Huawei and Momenta have rich experience in the research and development of high-order intelligent driving systems, and it is also possible to get on the high-order intelligent driving system for Toyota’s new models in a short time.

Now it has entered the second half of the intelligentization of new energy vehicles. Many domestic new energy brands have equipped their own vehicles with intelligent cockpits and high-order intelligent driving systems. For example, Tucki, Aouita, Wenjie and other brands have realized the urban intelligent driving function without relying on high-precision maps.

It can be said that intelligent equipment is an indispensable part of new energy vehicles today, and domestic consumers pay more and more attention to the intelligent function of vehicles.

Traditional European car companies, such as Volkswagen and Audi, have also cooperated with new China brands, such as Tucki and Zhiji, to jointly develop new cars, and equipped them with intelligent cockpits and advanced intelligent driving systems from Tucki and Zhiji.

Toyota chose to cooperate with Huawei and Momenta at this time to develop a new car equipped with high-end smart driving, which is also the general trend. At the same time, we can see that Toyota attaches great importance to the China market, hoping that its own new energy vehicles will be more competitive in the domestic market, and these new vehicles can be pushed to the world in the future to enhance the global competitiveness of Toyota’s new energy vehicles.

The editor said:

When many consumers talk about Toyota, they will still think of its fuel vehicle products. Moreover, from the monthly sales situation, the sales of two pure electric vehicles under Toyota are not ideal, and Toyota’s new energy transformation process has indeed encountered certain difficulties. If Toyota really cooperates with Huawei and Momenta to engage in high-level intelligent driving, it can really improve the market competitiveness of Toyota’s new energy vehicles, but it will test the time for the relevant joint development models to be launched on the market.

At present, many traditional car companies are speeding up the transformation of new energy, and adjusting the transformation of new energy. Toyota needs to seize the opportunity and launch new cars at the right time to have a greater chance to compete with a number of competitors.

As for the news of Toyota’s tripartite cooperation with Huawei and Momenta, it is said that Toyota will officially announce it to the public during the Beijing Auto Show, so we will look forward to whether Toyota will use the high-level wisdom of Huawei and Momenta.

Xiaobian Tanban China’s first musical "Going to Sea" "Turning the King’s Chess"

Last year, King’s Chess, which was launched by Shanghai Yahuahu Theater Management and Development Co., Ltd., became the object sought after by musical audiences because of a heavy news: the play was taken a fancy to by Korean musical production company Never Ending Play, and was introduced to the Korean musical market by way of copyright export. King’s Chess became the first original musical in China to export its copyright overseas.

The roar of distant ships is like the accompaniment of waves, which praises the great ship of industrial civilization and drives away the years. However, only the roar of seagulls reminds the faltering old man that there was once an old world called "Viking". Today, Xiaobian will take you into the light of this original musical-China’s first "going out to sea" musical "Turning the King’s Chess".

This is a story based on the historical myth of Northern Europe. In the early 19th century, Sweden and the United Kingdom of Norway sent a special task force to Bell Island, which had been occupied by the Ghost King for many years, to carry out the receiving task. When the team was about to land on the island, the action team unexpectedly encountered "resistance" from Bell Island, and all the soldiers followed the captain to retreat. Olson was the only one who finished landing on the island, but to his surprise, this isolated island, which was described as a "devil’s land", was a different scene. What he saw and heard on the island unexpectedly evoked memories that have been dusty for many years-about his late teacher and best friend: Kregaard, who was named as Norway’s "national hero". What will Olson experience on the island? Can he finish the task? What secrets are hidden on this island?

In terms of story creation structure, The King’s Chess is different from most musicals in that it incorporates Nordic elements, such as tomahawk, struggle, navigation and Viking. At the scene, you can feel six actors performing nearly 30 roles, which fully embodies poetry and blood. Guns and swords have been singing songs for more than ten years.

If you want to use a word to describe "Turn the King’s Chess", I believe that the word that pops up in many viewers’ minds is "magnificent". Weibo netizen @Muchennnnn commented: "It is unbelievable that this can be achieved in a small theater. Only a few hundred people can write such a shocking epic in the theater."

"Turn the King’s Chess" also uses clever intertextuality, using chess pieces to imply the fate of the characters in the play, one son and one life, no regrets when he dies, and people can’t be resurrected. Vikings used their lives to protect their homes, their beliefs to protect their civilization, and sacrifices to win.

Come to the theater and feel the twilight of the Viking gods!

The Ministry of Communications announced that the content of the online car test was 80 points and above.

  Beijing Morning News (Reporter Zou Le) Yesterday, the Ministry of Transport announced the Outline of the National Public Subject Examination for Taxi Drivers’ Qualification and the Notice on Defining the License Form of Online Booking Taxi Service, which clarified the specific contents and methods of the online car driver examination and the certificate form of the "three certificates".

  According to the outline, the national public subject examination for taxi drivers’ qualification is subject to the national unified examination outline. The examination method is a national unified question bank, and the computer system is used to randomly select questions. The examination time is 60 minutes. There are 85 test questions, which are divided into true or false questions, single-choice questions and multiple-choice questions. Among them, there are 15 judgment questions, with 1 point for each question; 55 multiple-choice questions, 1 point for each question; 15 multiple-choice questions, 2 points for each question. The total score of the exam is 100 points, and 80 points or above are qualified. The test results will be announced within 10 days after the end of the test.

  The specific examination contents include mastering taxi related policies, laws and regulations; Master the knowledge of taxi safety operation; Understand the professional ethics of taxi drivers; Master taxi service standards; Familiar with other related knowledge of taxi operation. Among them, the examination content of "New Deal" accounts for the most, reaching 18 points. The content of "New Deal" includes national taxi policies, laws and regulations such as Guiding Opinions of General Office of the State Council on Deepening Reform and Promoting the Healthy Development of Taxi Industry, Regulations on the Management of Taxi Drivers’ Qualification, Interim Measures for the Management of Online Booking Taxi Management Service, Regulations on the Management of Cruise Taxi Management Service, and Measures for Evaluating the Credit of Taxi Service Quality.

  In addition, the Ministry of Transport also issued the Notice on Defining the License Form of Online Booking Taxi Service yesterday. The "Notice" stipulates the document styles of three certificates, namely, online booking taxi business license, online booking taxi transport license and online booking taxi driver’s license. Among them, the column of "Record of Online Booking Taxi Operators" shall be filled in by the corresponding online car platform company. For services provided by multiple platform companies, it shall be indicated separately and confirmed by the online car platform company.

  ■ Beijing

  The Municipal Transportation Commission initiated the examination investigation.

  The Beijing Morning Post reporter was informed that the Beijing Municipal Transportation Commission has launched a taxi network car test survey. At the end of last month, Zhou Zhengyu, director of the Municipal Transportation Commission, led a team to investigate the taxi driver examination and licensing in this city. The research team first came to Beiqi Training School to inspect the taxi driver’s examination acceptance site, theoretical examination room and practical examination room in detail. Then take a bus to the examination center of the transportation administration, investigate the taxi driver’s certificate handling and theoretical examination room on the spot, and listen to the report of the relevant person in charge. The research team also came to the administrative examination and approval center of the Municipal Transportation Commission to learn more about the taxi business qualification certificate, vehicle operation certificate and driver passenger qualification certificate issuance and other related matters, and organized a symposium on related work.

  Previously, Beijing issued a draft of the detailed rules for the implementation of the network car. It is planned to stipulate that vehicles and drivers engaged in the operation of the network car in Beijing in the future must have "Beijing household registration", and private cars can apply to become network cars and pass the examination. However, at present, the new policy of Beijing network car has not been announced yet, and the time for the implementation of the exam has not been notified.

Overseas investors increase the allocation of China stock market-international institutions cast a "vote of confidence" in China market.

  Recently, a number of international investment institutions, including Morgan Stanley and Goldman Sachs, have been "singing more" on the China stock market, and many institutions have even taken out "real money and silver" to buy more China assets.

  Experts said that with the implementation of a series of steady growth measures in China and the accelerated optimization of epidemic prevention and control measures, the expectation of China’s economic stabilization and rebound has become clearer, attracting international institutions to re-examine the allocation value of China’s assets. In the future, under the background of China’s deepening the high-level institutional opening-up of the capital market, the efforts of international institutions to "buy in buy buy" are worth looking forward to.

  Institutional upward adjustment expectations

  Recently, a number of overseas investment institutions have increased their allocation to the China stock market.

  On December 4th, Morgan Stanley upgraded the China stock market from "standard" to "over-allocation", and it is predicted that the MSCI China Index will rise by 14% by the end of 2023. Wang Ying, chief equity strategist of Morgan Stanley China, said that the evaluation framework shows that the prevention and control measures of China epidemic are continuously optimized, the real estate market is stabilized, and the regulatory adjustment is in the final stage, so the stock risk premium may be improved, so the target price for the entire China market is raised, and there is a greater chance of revaluation by 2023.

  Coincidentally, on November 30, Goldman Sachs also said that it would also give a proposal of "high allocation" for A-share investment in 2023, and it is expected that the valuation of A-shares will rebound significantly. Liu Jinjin, chief China equity strategist of Goldman Sachs, said that under the expectation that the macro-control is intensified and the GDP growth rate is expected to pick up, we are optimistic about the performance of China stocks listed at home and abroad.

  Bank of America’s strategy team believes that China’s domestic stocks are bound to rise due to the excess savings of China residents and the continuous optimization of epidemic prevention policies. Rui Dalio, the founder of Bridgewater, believes that some valuable assets can be found in the China market at present. China is the second largest economy in the world, and investors can improve their diversification by investing in China.

  The support of international institutions is not groundless. Recently, the overseas listed China ETF, China Stock Exchange and offshore RMB exchange rate all ushered in a wave of solid rise, which enhanced the confidence of foreign institutions to invest in China. For example, since November, the net value of iShares MSCI China ETF with a scale of over $7 billion has increased by over 30%; NASDAQ Jinlong China Index rose by more than 40% in November, the largest monthly increase since records began in 2003. The RMB exchange rate has also recently gone out of a strong upward trend. On the morning of December 5, the offshore RMB exchange rate against the US dollar rose to 6.9813, the highest since mid-September.

  "At present, some major economies continue to tighten monetary policy, the risk of economic recession has intensified, and market return expectations have weakened. In contrast, China has a stable economic development and clear investment logic. " Li Zhan, chief economist of China Merchants Fund Research Department, analyzed that China’s economy is changing from high-speed growth to high-quality development, and there are a lot of investment opportunities in the process of industrial upgrading and consumption upgrading in various industries. At the same time, China recovered quickly from the impact of the epidemic, and its economy rebounded significantly in the third quarter, and its position in the global industrial chain was rising day by day. In addition, China’s financial opening to the outside world has been continuously promoted, and the channels for foreign investors to participate in the domestic financial market have been continuously optimized, attracting the attention of more and more international investors.

  The attractiveness of A shares has increased.

  In addition to high-profile "singing more" China assets, foreign investors also took out "real money and silver" and continued to substantially increase their positions in A shares. As of December 6, the net purchase of northbound funds in 30 days exceeded 75 billion yuan, and the net purchase in the past 10 days reached 42.8 billion yuan.

  Looking forward to 2023, the market expects that the pace of foreign investment "buying in buy buy" will continue to accelerate. "In 2022, nearly 70% of the financing amount in the A-share market comes from science and technology innovation board and the Growth Enterprise Market, which fully reflects the support of the capital market for technological innovation enterprises and emerging industries." Sun Jin, a partner of PricewaterhouseCoopers China Comprehensive Business Services Department, said that in 2023, with the steady progress of the comprehensive registration system reform and the introduction of more measures to support scientific and technological innovation, the international attractiveness of the A-share market will be further enhanced.

  As for the investment industry, the strategy team of Goldman Sachs believes that with the implementation of policies and measures to stabilize growth and the continuous optimization of epidemic prevention and control measures, the unemployment rate in China will drop, labor income will improve, consumer confidence will be restored, and consumer services, medical equipment and service sectors will rebound strongly, especially in tourism, catering, entertainment and aviation industries.

  "Next, the geopolitical situation will enter a relatively calm stage, and the equity cost and equity risk premium will gradually decline, which will help investors reinvest in the China stock market. The consumer sector is the beneficiary of economic opening up. We further increase our exposure to this sector and continue to suggest increasing the allocation of offshore China stocks. " Wang Ying said.

  In order to better attract foreign investment into the China market, Tian Lihui, president of the Institute of Financial Development of Nankai University, believes that it is necessary to persist in promoting the high-level institutional opening-up of the capital market and make overall plans for development and security. It is necessary to continue to expand the interconnection quota, continuously increase the variety of international products, gradually liberalize the restrictions on foreign-funded shares of financial institutions, and continue to promote the internationalization of the RMB. At the same time, the capital market should be opened to the outside world with gates, there should be room for trading rules, and market supervision should be real-time and prudent to prevent foreign hot money speculation and prevent the spread of foreign financial risks.

  Fang Xinghai, vice chairman of China Securities Regulatory Commission, also said recently that high-quality overseas capital market institutions are welcome to invest and exhibit in China. In the future, we will further improve the institutional framework for opening up the capital market, accelerate the implementation of various opening-up measures, and attract and gather more outstanding international institutions and talents to participate in China’s capital market. We will continue to improve relevant institutional arrangements, further facilitate cross-border investment by domestic and foreign investors, and better support cross-border financing development of enterprises.

  Competing for exhibition industry in China

  Since the beginning of this year, the policy dividends to further improve the convenience of foreign investment in China’s assets have been released intensively, giving foreign institutions a "reassurance" to enter the China market.

  On April 26th, the CSRC issued the Opinions on Accelerating the High-quality Development of Public Offering of Fund Industry, proposing to support high-quality overseas financial institutions with long-term investment will to set up fund management companies or expand the shareholding ratio. On November 18th, the People’s Bank of China and the foreign exchange bureau jointly issued the Regulations on Fund Management of Foreign Institutional Investors’ Investment in China Bond Market, which improved and clarified the requirements for fund management of foreign institutional investors’ investment in China Bond Market.

  The convenience of foreign-funded institutions’ exhibition industry in China has been continuously improved, and the business scope and regulatory requirements have achieved national treatment. At present, more than 10 foreign-controlled or wholly-owned securities fund futures companies, such as JPMorgan Chase, Goldman Sachs, Nomura and UBS, have been successively approved, and foreign banks such as Standard Chartered Bank have obtained fund custody qualifications in subsidiaries in China. Foreign private equity funds such as Qiaoshui and BlackRock have successively set up 38 wholly-owned subsidiaries.

  On November 25th, Lubomai Fund announced that it had obtained the Public Offering of Fund business license issued by China Securities Regulatory Commission, becoming the second wholly foreign-owned fund management company newly established in China to conduct Public Offering of Fund business. Lubomai Fund said that the continuous opening of the financial market and the increasingly perfect business environment ruled by law have further enhanced Lubomai’s confidence and hope to further integrate into the development of China’s capital market in the future.

  A number of foreign-funded institutions have started to exhibit in China. At the end of October, ICBC Wealth Management of Goldman Sachs, which was approved to open in June this year, launched the first wealth management product "Shengxin Junzhi Private Bank Enjoy Quantitative Equity Wealth Management Product Phase 1", with a maximum fundraising scale of 5 billion copies. Goldman Sachs ICBC Wealth Management previously said that after the deep correction in the previous period, the value of A shares is becoming prominent, and there is a large room for long-term holding.

  As the first wholly foreign-owned public offering, BlackRock Fund has issued three equity funds and one "fixed income+"fund since it was approved in June 2021, and its products are diversified. Lu Wenjie, investment director of BlackRock Fund, said that A-shares are a market with great breadth and depth, wide investment scope, many related target companies and good liquidity. With the continuous strengthening of China’s opening to the outside world, it is believed that the integration of the global market and the China market will be a long-term trend.

  "More outstanding international institutions entering the A-share market are investing in China’s economic growth prospects and the profitability of China enterprises ‘ A vote of confidence ’ Being able to form a healthy competitive interaction with domestic institutions is conducive to expanding the breadth and depth of China’s capital market, and is also conducive to the continuous improvement of service capabilities of related industries and helping China’s economic development. " Tian Lihui said.

"Olive" Playing "Olive" Fighting for Jingjiang "Playing" of 13 Youth Football Teams in Jiangsu Province

Yangzi Evening News Network June 20th (correspondent Liu Min Xiao Jing Yan Zhiyong Lu Huanyu reporter Wang Guozhu) On June 20th, the 20th Jiangsu Sports Meeting started in Taizhou. As the first phase of this provincial games, the youth rugby competition (17-18 years old group) started in Jingjiang. More than 150 athletes from 13 teams in the province will compete for the titles of men’s group A and women’s group A in the three-day competition.
According to reports, this competition adopts the latest rugby rules of the World Rugby Federation. The competition time is 14 minutes, with 7 minutes in the first half and 7 minutes in the second half. Each team can propose substitutions during the competition. The number of substitutions is 5, and the team with the highest score wins.
There are 7 men’s teams and 6 women’s teams among the 13 teams participating in this competition. In the competition on the 20th, the athletes threw themselves into the passionate competition with full enthusiasm, high morale, courage to fight and the spirit of unity and upward. The players of each team actively fought, decisively attacked and bravely collided, all of which showed good strength.
It is reported that the rugby project is one of the five events of this provincial games undertaken by Jingjiang City, and its courage, fighting spirit and teamwork are attracting more and more people’s love and attention. Since 2020, Jingjiang and the Training Center of the Provincial Sports Bureau have signed a contract with the provincial men’s rugby team through the mode of "joint operation of provinces and cities" to jointly promote the construction and development of rugby projects, actively select sports seedlings through resource integration and integration of sports and education, and build characteristic schools for rugby, better promote competitions and expand the mass base of rugby projects.
Zhang Changping, secretary of the Jingjiang Municipal Party Committee and secretary of the Party Working Committee of the Economic and Technological Development Zone, said that Jingjiang will make full use of the city’s strength, gather the wisdom of the whole people and pour out the feelings of the whole city, provide the highest level of service guarantee for more than 2,800 athletes, coaches and referees in the province, and strive to present a wonderful, complete, distinctive, passionate and friendly sports event, and will take the opportunity of hosting the provincial games to continuously expand the mass base of rugby and other events and promote more citizens to participate.
Proofreading: Tao Shangong
Reporting/feedback

The day after the New Year’s Day holiday, Zhou Bianyou became the mainstream of travel.

 Sichuan News Network-First Screen News Chengdu December 31st (Reporter Dai Luling)On the second day of the New Year’s Day holiday in 2024, the reporter learned from the Sichuan Provincial Department of Culture and Tourism that as of 15: 00 on the 31st, 832 A-level scenic spots in the province had received 3,318,200 tourists, achieving a ticket income of 33,095,200 yuan, up by 25.2% and 49.66% respectively compared with yesterday, up by 71.85% and 99.66% respectively compared with the same caliber in the same period in 2023.
Five-year-level tourist attractions in the province (16 parks opened normally) received 249,700 tourists and realized ticket income of 9,466,800 yuan, up by 63.75% and 85.48% respectively compared with yesterday, and up by 111.75% and 97.78% respectively compared with the same caliber in the same period in 2023. Libraries, cultural centers and museums in the province received 684,500 people.
Zhou Bianyou has become the mainstream of New Year’s Day travel
On the second day of New Year’s Day holiday, cloudy days predominated in most parts of the province. Tourists mostly chose open scenic spots, ancient towns and museums near their homes, and go on road trip, family tours and parent-child tours became the mainstream. The top five scenic spots in the province are Chengdu Joy City (78,000 person-times), Luodai Ancient Town (71,000 person-times), Qionghai Lushan Scenic Area (63,500 person-times), Chengdu Shuangliu District Seaside City Scenic Area (59,000 person-times) and Chengdu Wuhou Temple Museum (57,900 person-times). The popularity of traveling in museums has not diminished, and the reservations for visiting Sanxingdui Museum and Chengdu Museum have reached the upper limit.
Ice and snow hot spring tour continues to be hot.
The ice and snow hot springs were sought after during New Year’s Day. The annual reception volume of Bipenggou Scenic Area exceeded the million mark for the first time today, and the number of tourists in Wawu Mountain Scenic Area reached the maximum carrying capacity. Hailuogou Scenic Area ushered in the reception peak (0.34 million person-times) after the earthquake, which was three times higher than yesterday. Among ski resorts, Emei Mountain Scenic Area (45,200 person-times), Bashan Grand Canyon Scenic Area (21,000 person-times), Zengjia Mountain Scenic Area (17,500 person-times), Bipenggou Scenic Area (17,400 person-times) and Xiling Snow Mountain Scenic Area (13,000 person-times) all exceeded 10,000 people, which promoted the "cold resources" to become a "hot economy". Among the hot spring scenic spots, the top three scenic spots are Luofu Mountain Scenic Area (17,700 person-times), Jiulongshan-Lutangshan Tourist Area (15,900 person-times) and Huashuiwan Hot Spring Resort Tourist Area (7,000 person-times).
All kinds of cultural tourism activities meet the needs of the masses
Local cultural and tourism departments and scenic spots have launched online and offline activities around the New Year, so that people can enjoy the feast of cultural tourism. Deyang City launched the New Year’s Eve activity of "Temple Fun, Leisure and Virtue", Nanchong City launched the New Year’s Eve activity of "Cultural Travel Consumption, Enjoy Nanchong", and Maoxian County held a cultural performance and a non-legacy market activity to welcome New Year’s Day, which not only met the needs of the masses but also effectively promoted holiday consumption. On New Year’s Eve, many theaters in Chengdu held New Year’s Eve concerts, Yibin held the 2024 Stars New Year’s Eve Concert, Zigong Fangte Dinosaur Kingdom held the theme activity of "Fangte Flying Snow New Year’s Eve", and Yingjing County launched the Taiji Park New Year Fireworks Show to welcome the New Year. Guangyuan Grottoes Research Institute innovatively launched the New Year’s Day live broadcast of "Grottoes in Guangyuan, Accompany You in the New Year’s Eve" to show the historical and cultural charm of grottoes during the New Year holiday.
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