Cctv newsOn August 3, the website of the Ministry of Industry and Information Technology issued a notice on the quality of telecom services in the second quarter of 2022. According to the notice, the Ministry of Industry and Information Technology organized the testing of 570,000 apps, ordered the rectification of 358 apps and publicly notified 121 apps. Organize local communication administrations to strengthen supervision and law enforcement, and investigate and deal with 172 illegal telecommunications enterprises. Among them, for enterprises that have problems with port number transfer services, 58 interviews were reminded, 15 in informed criticism, and 20 administrative penalties were imposed; For enterprises with spam problems, they were reminded by interviews and ordered to rectify 61 times, 81 times in informed criticism and 3 times in administrative punishment. 17 enterprises were included in the list of bad telecommunication business management due to administrative punishment.

　　According to the notice, in the second quarter of 2022, the Internet information service complaint platform received a total of 335,600 complaints from Internet users. Among them, there were 148,200 complaints about channel feedback, accounting for 44.2%; There were 129,700 complaints about service functions, accounting for 38.7%; 29,900 complaints about personal information protection, accounting for 8.9%; There were 27,700 other complaints, accounting for 8.2%. Among the 139 Internet companies accessing the platform, five companies, including Beijing Changyou Times Digital, Guangdong Great Wall Broadband and Chongqing DumanMan, failed to meet the 95% target, and the Ministry of Industry and Information Technology has urged relevant enterprises to improve and upgrade.

　　The circular pointed out that in the second quarter of 2022, the 12321 Internet Bad and Spam Reporting Acceptance Center (hereinafter referred to as the 12321 Acceptance Center) received a total of 31,400 effective complaints about bad mobile phone applications, down 25% from the previous month and 27% from the same period last year. Among them, there were 17,000 complaints about information security issues, accounting for 54.2%; There were 13,800 complaints about personal information and authority, accounting for 44.0%; There were 568 complaints about network security issues, accounting for 1.8%. Through industry self-discipline, internet society of china United Application Store and security testing vendors removed 54 bad mobile phone applications with problems.

The memory chip market, which has always been regarded as the "wind vane" of the semiconductor industry, recovered strongly in the first half of this year.

　　According to the data released recently by CFM Flash Market, a professional storage market research organization, the global NANDFlash (non-volatile memory) market scale increased by 18.6% to $18 billion in the second quarter of 2024, and the DRAM (volatile memory) market scale increased by 24.9% to $23.42 billion. The scale of the global storage market increased by 22.1% quarter-on-quarter to US$ 41.42 billion in the second quarter, up by 108.7% year-on-year. In the first half of 2024, the global storage market reached $75.33 billion, a year-on-year increase of 97.7%.

　　The reasons driving the recovery of the storage market include not only the repair and return after the excessive decline of the market in the previous two years, but also the efforts of the original storage factory to actively reduce production and capital expenditure to promote the balance between supply and demand in the market. More crucially, the soaring demand for AI (artificial intelligence) computing infrastructure has brought new growth momentum to the storage industry.

　　Zhang Chi, chairman of Beijing Xinding Rong Sheng Capital Management Co., Ltd. told the Economic Observer: "The integration of storage and computing is the optimal solution in the AI ? ? era. The increasing demand for computing power construction will definitely drive the growth of storage market demand. The demand for AI servers is the main driving force of the current storage market."

　　However, in recent days, the storage market with strong recovery has also begun to change: TrendForce Jibang Consulting, a well-known research institution in the semiconductor industry, recently released a research report saying that in the second quarter of 2024, the shipments of storage module factories in consumer NANDFlash retail channels have been significantly reduced by 40% year-on-year, reflecting that the global consumer storage market is facing severe challenges, and the demand in the second half of the year will not be significantly warmed up.

　　The reason why the consumer memory market is facing severe challenges is that the growth rate of PC (personal computer) and mobile phone, which account for the bulk of the demand for memory chips, is far from the market expectation. Yang Yiting, a CFM flash memory market analyst, said: "The storage market in the third quarter has reached a crossroads, the server storage market is generally stable, and the consumer storage market is obviously under pressure."

　　The marketing manager of a storage manufacturer in South China said: "Now, we are only cautious about the market outlook, neither optimistic nor pessimistic. AI may not be the savior of storage for the time being."

AI strong drive

　　The first reason for the strong recovery of the memory chip market this year is the "low starting point".

　　Since the second half of 2022, the demand for consumer electronics has been weak, which has caused the storage market to fall into the "quagmire" of imbalance between supply and demand. The prices of NANDFlash and DRAM have fallen for four consecutive quarters since the third quarter of 2022, which caused many storage enterprises to suffer huge financial losses from 2022 to 2023. "Lack of terminal demand" is the common reason for the losses mentioned by these enterprises in the earnings conference call.

　　In Yang Yiting’s view, the storage industry naturally has a strong cycle. In the storage adjustment cycle started in the second half of 2022, the demand for consumer electronics was weak, and the market situation of oversupply caused the storage price to fall endlessly. The original storage factory faced the double pressure of sustained losses and idle capacity.

　　Yang Yiting said: "The original storage factory tried to rebalance the relationship between supply and demand by reducing production, but the reduction of production was time-limited and could not quickly alleviate the imbalance between supply and demand. As a result, the original storage factories have changed their attitudes, are unwilling to ship at low prices, and tighten supply, which has strongly boosted prices. The market structure has changed from competing for market share to restoring profitability. "

　　So after a series of "self-help" measures such as cutting capital expenditure, continuously reducing production, raising prices and clearing inventory, the market of memory chips began to pick up from the third quarter of 2023.

　　"In the first half of this year, the cumulative increase in the price of memory chips exceeded 40%, which shows that suppliers are strongly pushing up the price increase, which is intended to reverse the loss situation." Ao Guofeng, a senior analyst at TrendForce Jibang Consulting, said.

　　Yang Yiting also said: "In the first half of 2024, terminals such as mobile phones, PCs and servers were highly motivated to stock up, and the upstream storage factory optimized its inventory to improve its profitability. The overall supply and demand of the market were in a tight balance, so the storage market showed a comprehensive increase in volume and price in the first half of the year."

　　She said that at present, the new storage demand driven by AI mainly comes from the field of AI servers, which need to be equipped with high-performance and high-capacity HBM, DDR5 and eSSD (enterprise solid state drives). The DDR5 capacity of AI server is more than three times that of traditional server DRAM, while the HBM capacity of AI server is getting higher and higher. For example, B200 (AI training chip introduced by NVIDIA Company) is equipped with eight 141GB HBM 3Es, with a total capacity of 192GB, which is 36% higher than that of the previous generation H200. In addition, the AI server also actively uses QLCeSSD to accelerate the replacement of HDD (mechanical hard disk) to optimize the total cost and operational efficiency of the AI server.

　　"With the expansion of SSD applications in AI, the demand for enterprise-level SSD orders is in short supply, and the average price increase in the first three quarters of this year exceeded 20%." Yan Guofeng said.

　　This kind of "supply in short supply" brought by AI has now been truly reflected in the financial reports of storage vendors. For example, in the second quarter of this year, Samsung Electronics’ sales revenue of NANDFlash and DRAM reached US$ 6.141 billion and US$ 9.686 billion respectively, up by 13.8% and 24.7% respectively. The management of the company said in the earnings conference call: "The expansion of investment in artificial intelligence by ultra-large-scale customers has not only driven the strong demand for HBM, but also promoted the demand for traditional DRAM and solid state hard disk (SSD). The sales growth of HBM, DDR5 and other high value-added products for artificial intelligence, coupled with the improvement of overall prices, promoted a significant increase in profit in the second quarter compared with the previous quarter. "

　　Zhang Chi told the Economic Observer: "In the future, the scale of the AI server market will be about ten times that of mobile phones and computers, and the demand for storage in the construction of data centers will far exceed the consumer market. A server needs to be equipped with hundreds of memory chips, which is much more than mobile phones and computers. "

　　In Yang Yiting’s view, the long-term driving trend of AI to the growth of storage demand is certain, and there is a trend of deep integration between AI big model and cloud service. Large cloud service providers are actively investing capital expenditure to build higher barriers to cloud service, while edge devices are also increasing the training and deployment of AI big model.

　　Ao Guofeng emphasized that under the impetus of AI application, the server market will become the main area of flash memory application expansion, and this trend is expected to continue next year.

　　Structural contradiction

　　After storage manufacturers actively reduce production to balance supply and demand and AI brings new growth space, the storage chip industry has the opportunity to move steadily towards a new round of growth cycle. However, since the second half of this year, the price of the storage spot market has been continuously lowered, which has cast a "shadow" on the hard-won recovery of the whole industry.

　　According to CFM flash memory market statistics, the spot price indexes of NANDFlash and DRAM have been falling all the way since hitting the stage high point in May this year, and have now returned to the level at the end of 2023. TrendForce Jibang Consulting also said in a recent research report that the spot price of memory mainly based on consumer products began to weaken, and the price in the second quarter fell by more than 30% compared with the first quarter.

　　The marketing manager of the aforementioned storage manufacturer told the Economic Observer: "The product barriers required by AI servers are relatively high, and the’ cake’ is mainly eaten by overseas head manufacturers. At present, AI has not brought significant demand growth in major markets such as PCs and mobile phones, so we dare not say how good the situation will be this year. We can only take it one step at a time."

　　In the process of interviewing domestic storage manufacturers, the Economic Observer learned that compared with the pursuit of AI computing infrastructure, the practitioners actually hoped for the explosion of AIPC and AI mobile phones at the beginning of the year, but after the thunder of AIPC and AI mobile phones, the "rain" never came down, and the recovery of the consumer electronics market was far less than expected.

　　In Yang Yiting’s view, the domestic consumer market has not yet recovered, and some smartphone brands have begun to lower their sales growth expectations in 2024. At the same time, with the rising price of parts, the hardware cost of mobile phone manufacturers is under great pressure, and some mobile phone manufacturers have begun to reduce the configuration of cameras, screens and storage. In terms of capacity allocation, allocation reduction has become a last resort for major mobile phone brand manufacturers.

　　"DRAM bears the brunt. The high-end models have dropped from 16GB to 12GB, and the low-end models have been withdrawn to 4GB. The sales of low-end models have increased, the sales of high-end mobile phones have decreased, and the overall demand for DRAM has shrunk. The same is true for NAND, which reduces the demand for high-capacity configuration by adjusting marketing strategies. " Yang Yiting further stated.

　　Regarding the PC market, Yang Yiting analyzed that due to the slow recovery of the domestic PC market, the consumer market generally has insufficient acceptance of the excessive rise in storage prices, while the downstream storage manufacturers have a large number of low-priced inventories, so it is difficult for the prices of finished consumer storage products to reflect the changes in the original resource prices in time, and the prices of some storage products have also been upside down.

　　Ao Guofeng said: "The improvement effect of AI on the flash memory capacity of PCs and smartphones may not appear until 2026."

　　But for many storage vendors, they may need to "take risks" and wait for the day when "AI will actually pull the consumer market".

　　According to the financial report data, as of June 30, 2024, the book value of inventory of domestic storage enterprise Jiangbolong (301308.SZ) reached 8.833 billion yuan, accounting for 69.11% of current assets; The book value of inventory of Baiwei Storage (688525.SH) reached 3.577 billion yuan, accounting for 51.87% of its total assets; The book value of inventory of Demingli (001309.SZ) reached 3.38 billion yuan, accounting for 222.58% of the company’s net assets.

　　If the storage market does not continue to improve, these storage manufacturers with high inventory will face the risk of falling inventory.

　　In addition, a new round of capacity "competition" of the original head storage factory has also started. For example, the management of Micron Technology said in the financial report conference call from March to May, 2024: "We expect that the capital expenditure will increase substantially next year, and the capital expenditure in fiscal year 2025 will account for about 30% of the revenue, which will be used for the construction of HBM assembly and test equipment, fabs and back-end facilities, and technological transformation investment to cope with the growth of market demand. The company plans to build new fabs in Idaho and new york in fiscal year 2025, which will account for half or more of the expected total capital expenditure growth. "

　　In this regard, Yang Yiting said that in the short to medium term, the challenges faced by the storage market come from the pressure of capacity release from the supply side. As the original storage factory realizes profitability and begins capacity expansion, the overall capacity growth of the industry has reached a key node that cannot be ignored, and the game between the supply side and the supply side, and between the supply side and the demand side is intensifying.

　　She said: "In the second half of the year, the structural problems of supply and demand are more obvious, which is manifested in the more stable supply of server storage, while the supply of some consumer storage is growing too fast, which will make the supply side have to make a difficult choice between profit and share."

[Original Truck House] 2021 has passed, and in 2022, what policies will be implemented about the commercial vehicle industry and the livelihood of card friends? Below, we will give some key points to your card friends to take stock.

● 　Driving test reform will not be downgraded after 12 points.

The authority of the Ministry of Public Security issued the newly revised Regulations on Motor Vehicle Registration, Regulations on the Application and Use of Motor Vehicle Driving License and Measures for the Administration of Scoring for Road Traffic Safety Violations, all of which have changed greatly.

It is reported that the Regulations on the Application and Use of Motor Vehicle Driving License and the Measures for the Administration of Scoring for Road Traffic Safety Violations will be implemented from April 1, 2022, and the Regulations on Motor Vehicle Registration will be implemented from May 1, 2022. The C6 driver’s license that the industry pays attention to also made its debut.

Among the above laws and regulations, the most noteworthy one is "adjusting the full-mark study examination system".

Strictly remember the driver’s study and examination with 12 points for many times. For those who have recorded 12 points for many times in a scoring cycle, extend the study time, increase the learning content, increase the examination subjects, and strengthen the education and management of drivers who violate the law for many times.

In addition, if the traffic violation is minor and a warning is given, it will be exempted from scoring. Judging from the laws and regulations currently inquired, the scoring period is over 12 points, and it can be achieved through study and examination.

For the full text of relevant policies, please click:

Measures for the Administration of Scoring for Road Traffic Safety Violations

Provisions on the Application and Use of Motor Vehicle Driving License

● 　More than 280,000 vehicles are about to be eliminated, and they will be eliminated this autumn and winter.

A few days ago, 10 ministries and commissions including the Ministry of Ecology and Environment, the National Development and Reform Commission, and the governments of seven provinces (cities) including Beijing and Hebei jointly issued the Plan for Comprehensive Control of Air Pollution in Autumn and Winter of 2021-2022. From the plan, it was learned that before the end of 2021, all provinces and cities will eliminate the latest arrangement plan for the national third car.

According to the data collation, by the end of 2021, more than 278,000 vehicles will be eliminated.

Xiaobian is compiled into a table as follows:

● 　The Blue Brand New Deal is stepping up the preparation of a large-displacement transition period until the end of March next year.

Although the Ministry of Industry and Information Technology and the Ministry of Public Security publicly solicited the opinions of the Notice on Further Strengthening the Production and Registration Management of Light Trucks and Miniature Passenger Cars (draft for comments) on September 4th.

However, it is worth noting that in the draft for comments issued by the Ministry of Industry and Information Technology, it is required that "the light truck products that have been listed in the Announcement and have a displacement of more than 2.5 liters but meet other requirements of the Technical Specification should be given a production transition period until March 31, 2022. After the transition period expires, the production enterprises should immediately stop production, and the relevant institutions should immediately stop receiving relevant product certificate information."

This means that at present, car companies can still produce 2.5 liters of fuel, and the light truck products with 2.8 liters and 3 liters in production can still be produced and licensed normally as long as they meet the requirements of vehicle technical specifications, giving a certain transition period.

● 　Restricting the entry of five cars into the factory is a mandatory requirement of 60% in 2022.

Since 2021, many enterprises have issued notices, and since January 1, 2022, vehicles of National Five and below have been banned from entering steel mills.

As early as 2019, in the "Opinions on Promoting the Implementation of Ultra-low Emissions in the Steel Industry" jointly issued by the Ministry of Ecology and Environment, the second point and Article 3 clearly mentioned:

Iron concentrate, coal, coke and other bulk materials and products entering and leaving the iron and steel enterprises are transported by clean means such as railways, waterways, pipelines or tubular belt conveyors, and the proportion is not less than 80%; If not, the automobile transportation part should all adopt new energy vehicles or vehicles that meet the national six emission standards (vehicles that can adopt the national five emission standards before the end of 2021).

That is to say, from January 1, 2022, the transport vehicles entering and leaving the steel plant must be new energy vehicles or vehicles with the national six emission standards (vehicles under the national five (including) are prohibited from entering).

● 　All provinces and cities have responded to the unified national action.

A few days ago, the Traffic Management Bureau of the Ministry of Public Security has issued a notice to deploy a nationwide centralized and unified action to strictly control and strictly investigate outstanding illegal acts on highways. This centralized and unified action will last from the date of release to January 15, 2022.

For specific actions, please click: nationwide unified action to strictly investigate large trucks! Provinces and cities have responded.

● 　Subsidies will fall back by 30%. In 2022, new energy countries will make up for it.

A few days ago, the Ministry of Finance issued the Notice on the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles in 2022. From January 1, 2022, the subsidy standard for new energy vehicles will be reduced by 30% on the basis of 2021; The subsidy standard for vehicles that meet the requirements in urban public transport, road passenger transport, rental (including online car rental), sanitation, urban logistics and distribution, postal express delivery, civil aviation airports and official fields of party and government organs will be reduced by 20% on the basis of 2021.

The specific subsidy scheme and amount are as follows:

● 　The three departments jointly issued a document, ETC arrears will be included in the credit information.

Recently, the General Office of the Ministry of Transport, the General Office of the People’s Bank of China, and the General Office of the Insurance Regulatory Commission of the Bank of China jointly issued the Notice on Further Improving the Services Related to the Issuance of Truck ETC, indicating that banks are supported to handle truck ETC credit cards, and ETC arrears will be included in the credit information.

Judging from the Notice issued by the three departments, it is required that:

1. Guide freight logistics enterprises, automobile sales enterprises and freight platform enterprises to provide guarantees for trucks to handle ETC.

2. Incorporate ETC arrears into the credit information system, and guide freight logistics enterprises and truck drivers to operate in good faith according to law.

3. Strictly implement the basic preferential policy of not less than 5% toll for ETC vehicles.

● 　16 ministries and commissions jointly issued nine measures to strengthen the protection of truck drivers’ rights and interests

The Ministry of Transport, together with the Ministry of Public Security, the Ministry of Human Resources and Social Security and the All-China Federation of Trade Unions, jointly issued the Opinions on Strengthening the Protection of the Rights and Interests of Truck Drivers.

In the Opinions, truck drivers focus on the troubles reflected by the majority of truck drivers, such as difficulty in parking and rest, inconvenient license handling, and low prices induced by the Internet platform. The truck drivers are worried about difficulties in passing through the city, stealing oil and goods, imperfect social security, unreasonable vehicle scrapping policies, and irregular road enforcement and unsmooth complaint reporting channels. The study puts forward nine key tasks.

For details, please click: Ministry of Communications: Nine Measures to Strengthen the Protection of the Rights and Interests of Truck Drivers.

● 　It is imperative to implement the new national standard for natural gas vehicles from July 2022.

China’s natural gas heavy commercial vehicles have developed rapidly in the past 10 years, and in 2020, the cumulative sales of natural gas reached 141,944 vehicles, up 22.3% year-on-year, setting a new record for the sales of gas heavy trucks.

It is reported that in Shaanxi, Shanxi, Ningxia, Inner Mongolia, Hebei and other regions, the closer the vehicle ownership is to 20%, some transportation markets have replaced diesel vehicles.

Natural gas heavy commercial vehicles have developed rapidly, so the old national standard is no longer applicable to the present. Therefore, it is imperative to revise GB/T 20734-2006 Installation Requirements for Special Devices for LNG Vehicles.

According to the documents issued by the Ministry of Industry and Information Technology, the Installation Requirements for Gas System of Gas Vehicles is applicable to gas vehicles that can use compressed natural gas/liquefied natural gas/liquefied petroleum gas as fuel, and other types of gas vehicles are implemented by reference.

● 　Release of the first five-year plan for eliminating non-standardized cold chain

A few days ago, the General Office of the State Council issued a notice agreeing to print and distribute the Development Plan of Cold Chain Logistics in the 14th Five-Year Plan, which also means that the first five-year plan in the field of cold chain logistics in China has been officially issued. This Plan focuses on the key areas and key links of cold chain logistics and makes detailed and thoughtful specification requirements, with the fundamental purpose of meeting the people’s growing needs for a better life.

As an important carrier of cold chain transportation, refrigerated trucks are mentioned in the Plan: strict market access conditions for refrigerated trucks, increasing the promotion of standardized models, unifying vehicle grade identification and configuration requirements, promoting the installation of temperature monitoring equipment that meets the standard requirements before leaving the factory, and accelerating the formation of refrigerated truck models and specification systems that meet different needs such as trunk line transportation, branch line transshipment, and urban distribution. Accelerate the development and manufacture of light and micro new energy refrigerated trucks and refrigerated containers, and actively promote new refrigerated trucks, railway refrigerated trucks and refrigerated containers.

Schematic diagram of network layout of "four horizontals and four verticals" national cold chain logistics backbone channel

For other contents of this plan, you can click: the first five-year plan of cold chain is released! Broad prospects for development

● 　Postscript

Of course, in addition to the above-mentioned policies that have great influence, there are also many other local policies in various places, such as restrictions, large vehicles turning right and stopping. You card friends can pay more attention to local specific trends according to your own long-distance running routes. (Text/Gao Li Min)

Although the sales data of Langshi Green Group (00106.hk), a "model student of light assets" in the real estate industry, declined year-on-year, Tian Ming, the chairman of the board of directors, still took the attitude of "not taking pleasure in things but not taking sorrow for himself". In his words: "Langshi is now in a state of winter defense, and stability, less risk and no pressure are the key."

Tian Ming, Chairman of Langshi Group

Blank houses also have green thinking.

Langshi is positioned as a green development service provider and a green life operator, including green real estate development, long-term rental apartments, aged care services, green finance, property services and other fields; The business scope covers more than 30 major cities in China, including Beijing, Shanghai, Shenzhen and Tianjin, as well as major first-line gateway areas in the United States.

"Green is an important part of our product differentiation competition." Tian Ming said that unlike other real estate companies that emphasize energy conservation and environmental protection, Langshi generally does not talk about green environmental protection and low-carbon energy conservation when facing customers, but emphasizes the special comfort and health of the house, which is particularly convenient to use and saves money, and emphasizes the customer value and the ultimate experience.

Langshi has indeed done this. Take Shanghai Langshi Green Center as an example, this project is a stock transformation project, which adopts 108 building technologies in 14 technical systems and realizes five core values: healthy environment, comfortable office, energy conservation and environmental protection, intelligent management and human design.

Shanghai langshi green center

"Many houses in China are shoddy now, but Langshi is not like this. We have invested more cost to make the building performance better. Langshi is the only company among all developers in the country that puts forward air tightness control standards. No real estate developer in China is doing it, but we have such internal standards. " He said proudly.

Facts have proved that for a really good house, buyers pay the bill. "The premium we sell in the market is higher than the cost we invest." Tian Ming said, at present, most of the projects under Langshi have adopted green standards. Even if there is a product line for ordinary blank houses, it is still required to do well. "Because we have green thinking and green soft power, we will also give this building and this community green things in terms of planning, design and other standards. As for other strategic projects, they all focus on the banner of health, comfort, energy saving and environmental protection. "

"We don’t pay much attention to land reserve"

Langshi has always adhered to the idea that "living long" is more important than "developing fast". In 2018 and the first half of 2019, there were not many projects that Langshi acquired land through the open market and mergers and acquisitions, and there was no plan to complete investment expansion. "I think it’s not finished!" Tian Ming said.

"We don’t pay much attention to land reserve." Tian Ming said that at present, the price of land in the market is very high, so it is certain that something will go wrong if such high land is brought back. Those enterprises whose performance has grown particularly fast in recent years, who take everything and borrow any money, and whose cities are key areas for regulation and control, are worried about the future. "I think its debt repayment pressure will increase."

Langshixin western suburb

Tian Ming believes that after the third and fourth quarters of this year, there will be more opportunities in the land market. Langshi has already started to actively register for land auction in all parts of the country, including Ningbo, Hangzhou, Nanjing and Chengdu. "However, even if we sign up, we don’t chase high. At this time, it is not necessary to chase high. If there is a very cheap land, it is not called leak detection, but to see if there is investment value. Our aim is: take the land within a certain range, spread the net widely, take what is cheap, and put what is not cheap. "

Tian Ming explained that at present, the real estate market is in an uncertain stage, and it may be "cold" for a long time. If you take too much land, it will definitely put pressure on cash flow. Therefore, it is the right way to save more money for the winter and spend this possibly long winter.

"What we are considering is that there should be no pressure on the funds for winter, and cash flow is the key link. At the same time, if there is a project that we think has a safety margin, then our first consideration is not profitability, but how big its safety margin is. What we usually consider is how high the profit rate is. Now we are considering whether we can hold on if the market is much lower. So we are thinking about the margin of safety, which is the thinking of Langshi’s winter defensive operations. "

In his view, when the house is not easy to sell, it should be sold desperately, and the price cannot be sold. When the land is very expensive, it is not rational to desperately take the land for the sake of land reserve, development volume, contract sales. "I can make a concession. What I value more is long-term development and I can live longer. Look at your growth in the long run, rather than just staring at a certain year. We have always had this attitude, so we are still quite stable financially. "

He stressed that this round of real estate adjustment may exceed expectations in both length and depth. He predicted that a group of previously radical development enterprises might encounter problems. Therefore, in the land market, there will be more mergers and acquisitions of projects and even mergers and acquisitions of companies.

Long-term rental apartments have a target loss period.

Not long ago, Langshi announced that it would divest the long-term rental apartment of Langshi from the listed company to the holding group, which was interpreted by the market as Langshi was not optimistic about long-term rental apartments. In this regard, Tian Ming said that the long-term rental apartment will be stripped from a listed company with only 51% equity to a 100% holding group, which is obviously optimistic about the long-term rental business.

He said that Langshi is very optimistic about long-term rental apartments. "We feel that housing is not speculation, and it is right to rent and sell in this direction. However, as far as the whole market is concerned, long-term rental apartments are still at a loss. "

Langshi long-term rental apartment langshiyu

He further explained that, first of all, the current loss of long-term rental apartments does not mean future losses. An enterprise can never say that it will make money today when doing business. Many enterprises have a target loss period when doing business, which is planned. Only when the scale is large enough, the market is gradually mature and the operational efficiency is improved can they gradually make money. Secondly, many long-term rental apartments now adopt the second landlord model, and the profit measurement model of the second landlord model is to lose first and then earn. Therefore, Langshi strategically entered this industry, optimistic about this industry, and believed that there would be opportunities in the future.

"However, according to my common sense or business logic to predict, I don’t know how long the long-term rental apartment industry will lose money, it should be several years. This is a loose calculation method. For example, a house rented for 12 years after signing a contract will be renovated and operated, and it will gradually climb the slope, and it will probably start to make money in the fifth or sixth year. In fact, for enterprises that rent apartments for a long time, its valuation model cannot be calculated according to ordinary PE, and it should have its own valuation method.

He concluded that in the long run, the increase in rent is a general trend and definitely higher than the inflation rate. Therefore, the future of the long-term rental market will definitely improve. This is an innovative business.

"Banyan Forest Plan" with the same gas and branches

Tian Ming, who "ran away" from the system, has his own unique judgment on the market, which is also the basis of Langshi’s strategic positioning. In 2004, Langshi decided to deepen the field of green real estate, which has not changed so far. For more than ten years, the competition in green real estate plate market has been increasing, and many housing enterprises such as Jinmao and Sunshine City have made "green" signs. As a result, in 2014, Langshi put forward the strategy of light assets, gradually shifting the development business from heavy to light, and at the same time starting the pace of innovative business.

In 2016, Langshi implemented the "Banyan Tree Forest Plan", actively cultivated long-term rental apartments, aged care services, green financial services and other businesses related to or complementary to the main real estate business around the core real estate business, and implemented the transformation and upgrading strategy.

Tian Ming explained: "Langshi was originally engaged in real estate, and later in green real estate, so we described it as a trunk of banyan trees. There are air roots hanging on the trunk of the banyan tree. Once the air roots touch the ground and are grounded, they will grow into a tree. Therefore, we are a vertically integrated green strategy. We describe it as a banyan forest. In this plan, new businesses will gradually become independent, take root in their respective specialized market segments, and can cooperate with each other. Like banyan trees, the trunk and air roots form a vertically diversified business ecosystem.

Three years have passed, and when asked about the plan of Banyan Tree Forest, Tian Ming said: "I think that the real estate business has been transformed and upgraded from all indicators to the present, and the chess game has reached the middle. We are not only different in differentiated products, but also different in business model, development model and income composition. "

Tian Ming likes mountain climbing, which originated five years ago. It is a challenge and a farewell to the unhealthy life in the past. The conference room of Langshi Green Center is named after the snow mountain he climbed. Perhaps this is a reminder, because Tian Ming said: "When climbing a mountain, you can’t give up. It’s harder to go down than to go up. You have no choice but to follow the team."

On March 12th, 2024, J.zen’s first retro EP "Radio Stars" exclusively released by Hey Yo Music was officially released. This physical EP contains 9 music tracks on CD. In this EP, J.zen incarnates himself as a driver/radio DJ/ singer, and introduces and plays songs through the presentation form of car radio, just like a retro trip back to the Millennium.

The appearance design of the album is unique, inspired by taxi lights, showing a unique special-shaped design. When opening the album, the internal configuration will be displayed one by one, and at the same time, retro elements will be incorporated, bringing the audience a nostalgic emotional experience. The back cover design is taken from the appearance of the car radio, adding a trace of retro charm to the whole album. This design not only highlights the uniqueness of the album, but also brings visual novelty to the audience.

The cover design of the lyrics book is inspired by the retro CD player, which highlights the tribute and innovation to the retro culture. Using folding design, it skillfully simulates the mode of switching up and down tracks on CD player, which adds unique interest and appreciation to the whole album. Through this design technique, it also brings a brand-new interactive experience to the audience.

With the unfolding of the lyrics, it seems to evoke memories and immerse people in music. This unique design not only gives the album a unique visual symbol, but also shows the blend of music and the times to the fullest, reviving those unforgettable old romances in the new wave of retro.

A "rearview mirror" thermal card is specially added to the album. The thermal paper will change according to the ambient temperature, and when the paper is touched by hand, the mystery on the rearview mirror will be solved. It adds a mysterious and warm interactive experience to the music journey.

J.zen’s "Radio Star" entity EP was officially pre-sold in Tmall’s "Hey Yo Audio and Video Franchise Store" on March 12th. For details, please pay attention to the official Weibo information of Hey Yo Music, and welcome to support.

Hey, hey, music focuses on physical album distribution, physical album copyright operation, design and development of music peripheral products, research and development of music playback equipment and other fields. It provides a one-stop solution from planning and design, R&D and manufacturing, integrated marketing to logistics and after-sales distribution of physical records and music. It is a professional vinyl record distribution brand in China and a music entity and peripheral distribution company with great creativity and design strength.

　　Irradiation technology is a kind of food processing and preservation technology in the food field, and it is also one of the cold sterilization technologies we often talk about. But some people think that irradiated food also has hidden dangers to human body. Is this really the case? Recently, the reporter interviewed relevant experts in the food field.

　　What kind of technology is irradiation technology? Jiang Qixing, an associate professor at the College of Food Science of Jiangnan University and a post expert of Jiangsu Modern Agriculture (Carp) Industrial Technology System Processing and Circulation Innovation Team, said: "China’s national standard GB18524-2016" Hygienic standard for food irradiation processing "stipulates the definition of food irradiation: using the radiochemical and radiobiological effects produced by ionizing radiation in food to achieve the purpose of inhibiting germination, delaying or promoting maturity, killing insects, sterilizing, sterilizing and preserving.

　　What specific fields are irradiation technologies used in? Jiang Qixing introduced that China has allowed the application of irradiation technology in certain food categories. The National Standard for Food Safety, Hygienic Specification for Food Irradiation Processing, stipulates that the types of irradiated foods should be within the scope specified in GB14891, and other foods are not allowed to be irradiated.

　　According to the current GB14891.1-GB14891.8 standard, the types of food allowed to be treated by irradiation technology in China at present include cooked livestock and poultry meat, pollen, dried fruits and preserved fruits, spices, fresh fruits, vegetables, pork, frozen packaged livestock and poultry meat, beans, cereals and their products. Common applications, such as inhibiting the germination of garlic and potatoes, sterilizing spices, etc.

　　However, according to China’s national standard GB7718-2011 "General Rules for Labeling of National Food Safety Standards in prepackaged foods", the food that has been treated by ionizing radiation or ionizing energy should be labeled near the food name. "Any ingredients that have been treated by ionizing radiation or ionizing energy shall be indicated in the ingredient list." This is why some food packages are marked with the words "irradiated food" near the product name or "spices are treated by irradiation sterilization technology" in the ingredient list.

　　Will radiation cause harm to food and human body? "In 1980, the conclusion of the joint expert committee of FAO, IAEA and WHO showed that the overall average absorbed dose of irradiated food was less than 10kGy, so toxicological experiments were not needed, and there were no special nutritional and microbiological problems." Jiang Qixing said.

　　Jiang Qixing believes that China’s national standard GB14891 limits the maximum overall average absorbed dose used in various foods that are allowed to be irradiated, and the related maximum overall average absorbed dose is less than 10kGy. Therefore, as long as the food irradiated in strict accordance with the relevant national irradiation standards, there is no radiation safety problem.

　　Extended reading

　　There is no need to talk about the color change of "radiation" and objectively understand the radiation in life

　　Human beings have been living in the environment of natural radiation, and everyone living on the earth is exposed to cosmic rays, in addition, it is also exposed to natural radioactive substances contained in the living environment such as soil and rocks. Therefore, it is inevitable that the food people eat, the water they drink, the house they live in, the road they walk, the air they breathe and even our human bodies contain trace amounts of radioactive substances.

　　As early as 1950s, isotope and radiation technology has been widely used in crop breeding, radiation processing of agricultural products and food, soil and fertilizer, pest control, animal husbandry, aquatic products and agricultural environmental protection, and has become an important science and technology to transform and innovate traditional agriculture and promote agricultural modernization. China has made great achievements in the field of crop radiation breeding, and 18 varieties, including Lumian No.1, have won the National Invention Award.

　　In recent years, shenzhou spaceship and others carried crop seeds for space breeding, and used cosmic rays and microgravity to mutate the seeds to produce beneficial variation, so as to breed new varieties of rice, wheat, cotton, rape and vegetables with high yield, high quality and strong stress resistance. With the improvement of modern living standards, the problem of food safety is becoming more and more serious. With the help of nuclear technology, food and agricultural and sideline products can be sterilized, killed and preserved, which can not only improve the hygienic quality of food and prolong the shelf life of food, but also produce no additional radioactivity. Therefore, irradiated food is safe and reliable, and can be safely eaten. Radiation only plays a bactericidal role and has no adverse effects on human growth, development and inheritance. Irradiation processing is also a new food processing technology after heating and freezing storage technology of food in cans. In the field of environmental protection, nuclear technology has been applied to the monitoring and analysis of air pollutants, water bodies and various environmental samples. It is more efficient to purify air, wastewater and sludge by irradiation technology than by traditional treatment technology.

Original title: Insufficient nutrition of rice noodles harms children’s health

Recently, the State Food and Drug Administration announced the information of the second phase of food safety supervision and sampling inspection in 2015. In the unqualified list of special dietary foods, 17 kinds of unqualified foods are all infant rice noodles, and the unqualified reasons are mainly sodium, calcium, vitamins and other nutrients. Then, as an important complementary food for infants and young children, what impact will it bring to the baby if its nutritional components are not up to standard?

Baby rice noodles focus on nutrition cards.

The reporter found from the information of the second food safety supervision and sampling inspection released by the State Food and Drug Administration in 2015 that the brands involved in the unqualified list of this special diet are Meiliyou, Disney, Baoduomei, Weixiang, Borhui, Bei Le Su, Bocheng Food, Dimixiong and Deqier.

Taking Shantou Kangyuan Food Co., Ltd. as an example, the sodium content of Meiliyou brand infant nutrition rice flour (shredded pork tomato) was 1.4mg/100kJ, far below the national standard of 24.0mg/100kJ; The content of vitamin A in the first stage of Disney brand formula nutritious rice flour with black rice and red dates produced by Shantou Peizhi Food Co., Ltd. is 6μgRE/100kJ, which is lower than the standard value of 14-43 μ GRE/100 kJ. The formula nutritional rice flour of Huai Shan Yi Mi Jin Zuan, a Bocheng food brand produced by Jiangxi Tianfang Industrial Co., Ltd., has a calcium content of 8mg/100kJ, which is lower than the national nutritional index of 12mg/100kJ.

Recently, the reporter visited the market and found that there are many brands and types of infant rice noodles on the market, and what they have in common is that they all marked their "nutrition" characteristics with eye-catching fonts. Take a brand of black rice and jujube rice noodles as an example. In addition to the same eye-catching word "nutrition" in front of the rice noodles, this rice noodle suitable for infants aged 6 to 36 months also emphasizes its own "scientific formula", scientific proportion of vitamins and minerals, and strengthens iron, zinc and calcium. Another brand of pea infant rice noodles also claimed on the packaging that it was "balanced nutrition and smooth digestion".

Nutrition is related to children’s health.

Then, what kind of consequences will it bring to children if the nutritional components of rice noodles are not up to standard?

Zhang Silai, former director of pediatrics at the Hospital of Integrated Traditional Chinese and Western Medicine affiliated to Beijing University of Chinese Medicine, pointed out that children in infancy are growing and developing, and their stomachs are not large, and every meal is to meet the needs of growth. Moreover, the food that infants can eat is limited, especially for children who have just added complementary food. Baby rice noodles may be the only food for children except milk. If you eat rice flour with substandard nutrition for a long time, your child may suffer from malnutrition for a long time, which will bring irreparable regret to the growth of infants and young children. Take vitamin A as an example, its deficiency will not only damage the normal development of cornea, but also lead to diseases such as pneumonia and measles in infants.

With the frequent exposure of negative news about infant rice noodles in recent years, many parents dare not add rice noodles to their children, but instead add other complementary foods or simply delay the time for children to add complementary foods. In this regard, Zhang Silai pointed out that when the baby grows up to 6 months, the coordination of the digestive system and various organs has matured, and the enzymes for digesting starch in the intestine are gradually active. The addition of milk-transferring food helps the baby to complete the transition from relying on breast milk to using other foods for nutrition. Zhang Silai reminded that the baby’s first complementary food, the first choice is iron-containing rice flour, which is not easy to be allergic, but also can supplement iron. At the same time, it is necessary to cooperate with fruits and vegetables rich in vitamin C to help iron absorption.

Rice flour cannot replace milk.

As a complementary food, infant rice flour is important, but its importance still cannot replace breast milk or formula milk. Some mothers think that since the baby can eat complementary food, it is the baby’s staple food, which usually reduces the amount of feeding to the baby.

Zhang Silai pointed out that rice flour is only a supplementary food, and the supplementary food for babies is also called weaning food. Its meaning does not only refer to the food used when babies are weaned, but also refers to the "transitional" food added during the period from single breast feeding to complete weaning. However, some nutrients in milk are not available in complementary food. Within one year old, the baby’s staple food should be breast milk or formula milk, and complementary food can only be used as a supplementary food.

According to reports, the main ingredients of rice flour are carbohydrates, followed by a small amount of protein, fat and B vitamins. What babies need most in the growth stage is protein. The protein contained in rice flour is not only of poor quality, but also of low content, which cannot meet the needs of babies’ growth and development. If only rice flour food is used instead of milk, protein’s deficiency will appear.

Jinghua Times reporter Xia Wen

(Source: Jinghua Times)

　　　　The General Secretary of the Supreme Leader paid close attention to the development of Chinese medicine, made important instructions and instructions to the cause of Chinese medicine many times, and used the concepts and terms of Chinese medicine to elaborate the ideological views of governing the country and politics in important speeches many times. On June 20th, 2010, he attended the awarding ceremony of Confucius Institute of Traditional Chinese Medicine jointly organized by Nanjing University of Traditional Chinese Medicine and Royal Melbourne Institute of Technology in Australia, and pointed out: "Traditional Chinese medicine embodies profound philosophical wisdom and thousands of years’ health preservation concept and practical experience of the Chinese nation, which is the treasure of ancient science in China and the key to open the treasure house of Chinese civilization." This important exposition fully demonstrates the affirmation of the value and status of traditional Chinese medicine by the Supreme Leader General Secretary. Traditional Chinese medicine profoundly embodies the cognitive style and value orientation of the Chinese nation, contains rich cultural essence of the Chinese nation, and is an important embodiment of China’s cultural soft power. As a unique health resource in China, Chinese medicine’s clinical advantages of "simplicity, convenience, cheapness and test" are an important guarantee to meet people’s multi-level and diversified health needs in the new era. "Report on the Work of the State Council Government in 2024" pointed out: "Promote the inheritance and innovation of traditional Chinese medicine, and strengthen the construction of superior specialties of traditional Chinese medicine." This points out the direction for the development of Chinese medicine, that is, to continue to strengthen the inheritance and innovation of Chinese medicine, improve the comprehensive service ability of Chinese medicine, better serve people’s health and meet people’s yearning for a better life.

　　　　Abide by the initial intention and mission of traditional Chinese medicine

　　　　General Secretary of the Supreme Leader clearly pointed out at the educational work conference on the theme of "Do not forget your initiative mind, Keep in mind the mission": "It is the initial heart and mission of the Communist Party of China (CPC) people to seek happiness for the people of China and the rejuvenation of the Chinese nation, and it is the fundamental driving force to inspire generations of the Communist Party of China (CPC) people to advance wave after wave and struggle bravely." Report to the 20th CPC National Congress of the Party pointed out that it is necessary to comprehensively promote the great rejuvenation of the Chinese nation with Chinese modernization. To promote Chinese modernization, we must grasp the "six musts", the first of which is "people first". The initial intention and mission of the Communist Party of China (CPC) people is to serve the people, which is also the initial intention and mission of TCM.

　　　　Shennong, the ancestor of traditional Chinese medicine, tasted all kinds of herbs, and "seventy poisons were encountered in one day". He not only found food that could satisfy his hunger, but also drugs that could cure diseases and heal wounds. It is precisely because of this spirit of self-sacrifice that farming culture and medical culture germinate. Traditional Chinese medicine embodies the Chinese nation’s concept and practical experience of health preservation for thousands of years. The history of traditional Chinese medicine is the history of fighting diseases and serving the people. In ancient times, Bian Que advised Cai Huangong three times, Dong Feng Xinglin Chunnuan, Zhang Zhongjing sat in the classroom to practice medicine, Sun Simiao was a great doctor, Su Dan orange and Jing Quan fragrance, and Fei Changfang helped the world. Today, Zhang Boli volunteered to fight the epidemic, and doctors of past dynasties adhered to the initial heart and mission of TCM, carrying on the legends and stories of TCM, which not only inherited and innovated the theory of TCM, but also inherited and carried forward the spirit of TCM.

　　　　During the development of Chinese medicine for thousands of years, Zhang Zhongjing, a medical sage, stood out like a brilliant star in his benevolence and benevolence. He "felt the loss of the past and was unable to save the injury", and finally became "Treatise on Exogenous Febrile Diseases", which is a sacred book of enlightening the eternal life and sincerely treating medical diseases. His academic thoughts have been continuously inherited and developed by generations of Chinese medicine practitioners such as Wang Shuhe, Sun Simiao, Zhu Jun, Xu Shuwei, Guo Yong, Cheng Wuji, Lin Yi, Zhao Kaimei, Fang Youzhi, Yu Jiayan, Ke Yunbo, You Zaijing, Xu Dachun, Chen Xiuyuan, Tang Rongchuan, Yun Tieqiao, Lu Yuanlei, Cao Yingfu, Zhang Xichun, Liu Duzhou and Hu Xishu. Integrating Zhang Zhongjing’s life and academic thoughts into the development of Chinese medicine for thousands of years, and exploring and examining it from the perspective of medical and literary collaboration, we can condense a spirit that represents the characteristics of Chinese medicine-"Zhongjing Spirit". Zhongjing spirit is an outstanding representative of TCM spirit and an important part of TCM culture. The core of Zhongjing spirit is people-centered, which mainly includes five connotations: one is people-oriented and life is supreme; Second, perseverance and courage to climb the peak; Third, inherit the essence, keep the integrity and innovate; Fourth, be objective and realistic, and seek truth scientifically; Fifth, the medical style is rigorous and the clinic is cautious. The spirit of western medicine is obsessed with the continuous improvement of "technique", while the spirit of traditional Chinese medicine pursues the persistence and inheritance of "Tao" on the basis of "technique"

　　　　All-round training of Chinese medicine talents

　　　　Talent is the first engine, and strengthening the construction of Chinese medicine talent team is the key to the development of Chinese medicine. It is necessary to fully implement the party’s educational policy, take moral education as the fundamental goal, optimize the layout of Chinese medicine disciplines and specialties, accelerate the construction of superior disciplines of Chinese medicine, and cultivate all-round applied and innovative talents of Chinese medicine. We should further improve the development plan of TCM talents, explore the establishment of a talent training system that conforms to the characteristics of TCM, and strive to build a team of TCM talents with firm TCM beliefs, systematic TCM thinking, profound theoretical foundation of TCM, solid clinical practice ability of TCM and innovative ability. The following three aspects should be paid attention to in cultivating talents of traditional Chinese medicine.

　　　　First, follow the thinking mode and basic laws of traditional Chinese medicine. Traditional Chinese medicine (TCM) believes that the five internal organs are integrated, the form and spirit are integrated, the nature and man are integrated, and people and society are integrated, which links many factors such as biology, meteorology, geography, psychology and society, which is particularly consistent with the viewpoint of bio-psychology-social medicine and is richer and more comprehensive in content, so TCM is a medicine with more systematic thinking. Traditional Chinese medicine is based on traditional philosophy, which has its particularity compared with other disciplines and specialties. It is cultural, empirical and inherited. Traditional Chinese medicine education can’t copy the model of western medicine education. We should strengthen the confidence of TCM theory, TCM road, TCM curative effect and TCM culture, and cultivate TCM talents in a way suitable for the growth law of TCM talents. The evaluation of Chinese medicine talents should follow the basic laws of Chinese medicine, and strive to solve the problem of "three talents" (only academic qualifications, only professional titles and only papers) in talent evaluation. Improve the talent evaluation system, accelerate the establishment of a talent evaluation system oriented to innovative value, ability and contribution, and form and implement an evaluation system conducive to scientific and technological talents’ concentrated research and innovation.

　　　　The second is to pay attention to the integration of classic theories of traditional Chinese medicine. A solid basic theoretical foundation of TCM is the basis for diagnosing and treating diseases and ensuring clinical curative effect. It is necessary to strengthen the teaching of TCM classics and urge TCM students to read more classics. Sun Simiao said: "Therefore, scholars must be knowledgeable and diligent." Only by deepening the understanding of the basic theory of TCM can we understand the "medical source" of TCM. Learning theory is to supplement the "source of living water" and constantly consolidate the basic theory of traditional Chinese medicine in order to see the "true face of Lushan Mountain". Traditional Chinese medicine education is lifelong education, and Chinese medicine practitioners should live and learn, and deepen their understanding and mastery of classical Chinese medicine theories in clinical work.

　　　　Third, pay attention to the combination of theory and clinic. The vitality of Chinese medicine lies in the clinic, and the core of learning Chinese medicine is also in the clinic, so it is said that "it is better to be familiar with Wang Shuhe than to have more clinical symptoms". Clinical practice is constantly guided by theory, and at the same time, practice is also testing theory. Learn in the clinic, and learn in the clinic. Sun Simiao said: "There are fools in the world, and after reading for three years, it means that there is no disease in the world; After three years of treatment, I know that there is nothing in the world. " The more clinical experience, the better the curative effect. The essence of traditional Chinese medicine is passed down from generation to generation, and apprenticeship education has always been an important way to train talents in traditional Chinese medicine. Higher education can combine teacher-apprentice education to cultivate talents of traditional Chinese medicine, and urge students to follow famous teachers, read classics and enter clinic early.

　　　　Dare to learn from and innovate constantly.

　　　　As a traditional medicine, Chinese medicine must keep pace with the times in modern society. It is an inevitable development path to learn from modern research results, which is also an important manifestation of strengthening the cultural confidence of Chinese medicine. On May 12-13, 2021, General Secretary of the Supreme Leader pointed out during his inspection tour in Nanyang, Henan Province: "We should do a good job in innovation, inheritance and development, actively promote scientific research and innovation of traditional Chinese medicine, pay attention to interpreting the principles of traditional Chinese medicine with modern science, promote the combination and promotion of traditional Chinese medicine and modern science, and promote the complementary and coordinated development of Chinese and Western medicine to provide better health services for the people." Modern science and technology are changing with each passing day, and Chinese medicine cannot remain unchanged. We should dare to learn from it and be good at learning from it. Specifically, it includes four aspects: to consolidate the foundation of Chinese medicine talents, we should learn from the modern education system, and we should not only emphasize the cultivation of Chinese medicine professionals, but also promote the cultivation of compound talents of Chinese medicine to achieve "grasping with both hands"; To improve the level of TCM medical care, we should learn from the achievements of modern medicine. We should take "innovation as the basic principle and combine modern medical technology and methods to continuously explore the essence of TCM and improve the comprehensive diagnosis and treatment ability of TCM. To promote the scientific research progress of traditional Chinese medicine, we should learn from the achievements of contemporary science and technology. The research strategy of "common target group of traditional Chinese medicine" has built a bridge between traditional Chinese medicine and modern science and technology, provided theoretical guidance and technical support for the research of new Chinese herbal pieces, new Chinese medicine and scientific explanation of prescription compatibility principles, and is an important path to realize the modernization of systematic Chinese medicine. To promote the high-quality development of Chinese medicine industry,Form a new cross-industry and cross-regional industrial chain in which the traditional Chinese medicine industry and ecology coexist harmoniously, and build an industrial cluster in modern traditional chinese medicine.

　　　　Traditional Chinese medicine has never been static, but it is constantly innovating and evolving. Inheritance makes it profound, while innovation makes it full of vitality. On October 25, 2019, General Secretary of the Supreme Leader made important instructions on "inheriting the essence, keeping integrity and innovation" in the work of traditional Chinese medicine. Throughout the development history of traditional Chinese medicine, the theory of traditional Chinese medicine has always been improved and enriched through continuous innovation. After the publication of Treatise on Exogenous Febrile Diseases, doctors took it as a guideline and formed the typhoid school. Since then, sweating has been the main treatment for exogenous heat syndrome. Later, doctors gradually found that some of the exogenous heat syndrome belongs to the category of febrile diseases, which are not suitable for sweating and relieving exterior syndrome, and need to be cold and clear away heat. Liu Wansu is the founder of the Cold School. In his Treatise on Typhoid Diseases by Specimen and Heart Method, he has treated typhoid fever and epidemic febrile diseases differently, and proposed that typhoid fever should be treated with ephedra and cassia twig. For epidemic diseases, it is advisable to cool down and clear heat, and use Atractylodes macrocephala Decoction, talc Liangge Powder, Shuangjie Powder, Yiyuan Powder and the like. Because Liu Wansu is the first to treat febrile diseases by cooling cold and clearing heat, it has the reputation of "typhoid fever is the middle scene, and fever worships the river". It was only after the formation of the school of febrile diseases in Ming and Qing Dynasties that typhoid fever and febrile diseases were strictly distinguished, and a system of theory, differentiation and treatment of febrile diseases was formed, which was another great breakthrough of traditional Chinese medicine. Therefore, Chinese medicine should not only inherit the essence, but also be upright and innovative.

　　　　At present, the theoretical system of traditional Chinese medicine urgently needs innovation to cope with the bottleneck of clinical efficacy brought by the "four changes" in the modern diagnosis and treatment environment-the change of disease spectrum, the change of diagnosis mode, the change of medication mode and the change of people’s physical characteristics. Therefore, it is necessary to pay attention to interpreting the principles of traditional Chinese medicine with modern science, promote the combination and promotion of traditional Chinese medicine and modern science, and make the theoretical system of traditional Chinese medicine more in line with the needs of modern medical care.

　　　　Improve the service ability of traditional Chinese medicine in all aspects and dimensions

　　　　On September 22, 2020, General Secretary of the Supreme Leader emphasized at the symposium of experts in the field of education, culture, health and sports: "We should promote the inheritance, innovation and development of Chinese medicine, adhere to the equal emphasis on Chinese and Western medicine and complement each other’s advantages, and establish a service system, service model and talent training model that conform to the characteristics of Chinese medicine to give full play to its unique advantages." It is a systematic project to improve the service capacity of Chinese medicine in an all-round way. Establishing a Chinese medicine service system covering provinces, cities, counties and townships involves not only 3A hospitals, but also grass-roots hospitals and community (rural) health service centers. It is necessary to take the construction of the national comprehensive reform demonstration zone of traditional Chinese medicine as the starting point to improve the service ability of traditional Chinese medicine in all aspects and dimensions.

　　　　First, we must promote the construction of the three "centers" with high standards. The three "center" construction projects, such as the National Medical Center for Traditional Chinese Medicine, the National Regional Medical Center for Traditional Chinese Medicine and the National Traditional Chinese Medicine Inheritance and Innovation Center, are the top-level design for systematically upgrading the national clinical service capacity system for traditional Chinese medicine, an important measure for thoroughly implementing the important instruction of the Supreme Leader General Secretary "Focus on promoting the revitalization and development of traditional Chinese medicine", and a comprehensive plan and systematic deployment for the development of traditional Chinese medicine from a national strategic perspective. It aims to improve the basic research of traditional Chinese medicine, the diagnosis and treatment of dominant diseases, the training of high-level talents, the research and development of traditional Chinese medicine equipment and new drugs, and the transformation of scientific and technological achievements, so as to create a new highland for the clinical diagnosis and treatment and inheritance of traditional Chinese medicine, which is closely integrated with "medical use in Industry-University-Research". Hospitals selected for the construction of the three "centers" should constantly strengthen connotation construction, integrate superior resources, fully promote project construction, effectively improve medical service, scientific research innovation, achievement transformation, cultural inheritance and social influence, and accelerate the construction of hospitals into modern, comprehensive and research-oriented Chinese medicine hospitals with organic combination of clinical and scientific research and rich Chinese medicine characteristics.

　　　　The second is to lead and promote the construction of the "flagship" hospital of integrated traditional Chinese and western medicine. It is an innovative measure to promote the modernization of traditional Chinese medicine through the combination of traditional Chinese and western medicine and lead the construction of a number of "flagship" hospitals with the combination of traditional Chinese and western medicine. As the "flagship" hospital of integrated traditional Chinese and western medicine, it should innovate the medical service mode of integrated traditional Chinese and western medicine, absorb high-level talents of traditional Chinese medicine, western medicine and integrated traditional Chinese and western medicine, and carry out the diagnosis and treatment of various common diseases with integrated traditional Chinese and western medicine. At the same time, the normalization of cross-regional, multi-center, large-scale, high-level clinical diagnosis and treatment services of integrated traditional Chinese and Western medicine has truly become an emerging force in China’s characteristic medical and health service system in clinical, scientific research and personnel training. Adhere to high standards to promote the construction of integrated traditional Chinese and western medicine service system, innovate the diagnosis and treatment service model of integrated traditional Chinese and western medicine, carry out clinical collaborative research on major and difficult diseases, and accelerate the realization of the people’s growing sense of access to integrated traditional Chinese and western medicine services.

　　　　Third, it is necessary to improve the medical service system of primary Chinese medicine. In the future, grass-roots doctors need to undertake the "six-in-one" health tasks, including medical treatment, prevention, health care, rehabilitation, health education, public health safety and so on. It is necessary to focus on promoting graded diagnosis and treatment, guide high-quality Chinese medicine medical resources to sink to the grassroots level, and strengthen the coordinated linkage of county and rural medical services. Grass-roots doctors are the key to get through the "last mile" of national health. We should speed up the construction of a training system for grass-roots doctors and cultivate grass-roots health guardians with "temperature" who are good at preventing diseases, treating minor diseases, recognizing serious diseases, turning serious diseases and managing chronic diseases.

　　　　Strengthen the construction of superior specialty of traditional Chinese medicine

　　　　Specialty is the basic unit of TCM diagnosis and treatment services, so we should strengthen the construction of specialty of TCM such as pediatrics, geriatrics, gastroenterology, orthopedics, anorectum, acupuncture, gynecology, pediatrics, andrology and preventive medicine. Give full play to the therapeutic role of traditional Chinese medicine in dominant diseases. The construction of superior specialty of traditional Chinese medicine is an important starting point to give full play to the unique advantages of traditional Chinese medicine in preventing and treating diseases. It should be regarded as an important content of building a high-quality and efficient service system of traditional Chinese medicine and an important embodiment of improving the core competitiveness of traditional Chinese medicine.

　　　　First, it is necessary to speed up the construction of superior specialty clusters of traditional Chinese medicine. It is necessary to take the opportunity of building a national regional Chinese medicine (specialist) diagnosis and treatment center and give full play to the leading role of the national regional Chinese medicine (specialist) diagnosis and treatment center in the diagnosis and treatment of superior diseases of Chinese medicine. At present, the construction unit of national regional TCM (specialist) diagnosis and treatment center should take the opportunity of cultivation and creation, further clarify its own construction and development goals, positioning and measures, and strive to open a new situation of breakthrough and upgrading of TCM medical service system. It is necessary to give full play to the radiation-driven role of the national specialty of traditional Chinese medicine, build a regional high-level provincial specialty of traditional Chinese medicine, build a county-level specialty of traditional Chinese medicine hospitals, promote the overall improvement of the diagnosis and treatment ability of traditional Chinese medicine specialty in the region, form a cluster of traditional Chinese medicine specialty with wide professional and geographical coverage, reasonable structural layout, outstanding characteristics of traditional Chinese medicine and remarkable clinical efficacy, and build a new pattern of development of traditional Chinese medicine specialty to provide strong support for the high-quality development of traditional Chinese medicine.

　　　　Second, it is necessary to strengthen the academic conciseness of the treatment experience of dominant diseases in traditional Chinese medicine. To strengthen the construction of specialized diseases, we should focus on tackling the clinical "stuck neck" problems such as difficult diseases, chronic diseases and infectious diseases, and show the role and actions of traditional Chinese medicine in the treatment of major diseases. Superiority specialty should play a leading role, make the treatment experience academic, further improve the diagnosis and treatment scheme and clinical pathway of superior diseases, so as to popularize the treatment experience of superior diseases. At the same time, pay attention to the development of the famous doctor’s experience prescription with long use time and good curative effect as hospital preparation. Strengthen the research on the prevention and treatment technology of major and difficult diseases, chronic diseases, infectious diseases and other traditional Chinese medicine and research and development of new drugs, strive to produce original and iconic major new drug products similar to artemisinin, and comprehensively improve the clinical service capacity of traditional Chinese medicine.

　　　　Give full play to the "three functions" of traditional Chinese medicine

　　　　At present, we should vigorously promote the comprehensive diagnosis and treatment mode of Guangdong traditional Chinese medicine, the multi-specialty integrated diagnosis and treatment mode and the whole chain service mode to meet the people’s multi-level and diversified medical service needs. The General Secretary of the Supreme Leader stressed that "it is necessary to give full play to the important role of traditional Chinese medicine in the prevention of diseases, the treatment of major diseases and the rehabilitation of diseases." In the face of the complicated situation of multiple disease threats and multiple health influencing factors, we should establish the concept of "great health". It is imperative to change from treating diseases as the center to taking health as the center, and Chinese medicine has great potential in it. Actively promote the construction of "healthy China", give full play to the "three functions" of traditional Chinese medicine, and take the concept of "great health" as the guide to improve and optimize the medical service system of traditional Chinese medicine covering the whole population and the whole life cycle.

　　　　First, give full play to the leading role of traditional Chinese medicine in preventing diseases. Disease prevention is the most economical and effective health strategy. We can construct the representation system and early warning system of common chronic diseases based on innovative theories of traditional Chinese medicine, such as "three states and four turbidity", so as to ensure that ordinary people do not get sick and get sick less. China’s health and health work in the new era should adhere to the concept of "great health" and gradually move forward from the "treatment end" to the "prevention end" as a whole. The characteristics of traditional Chinese medicine in preventing diseases have a leading advantage. It has been more than 10 years since the launch of the preventive health project in China in 2008. At present, we should conscientiously sum up the experience and practices in the implementation process and focus on solving the key problems and core sticking points that restrict the rapid development of the preventive health project. Give full play to the core advantages of traditional Chinese medicine in health management, innovate service mode, improve service standards and norms, and create an "upgraded version" of preventive health project from five aspects: academic, industrialization, daily life, intelligence and networking. At the same time, vigorously support the discipline construction of Chinese medicine health management, and cultivate applied talents with the ability of coordinated health service and management of Chinese and Western medicine.

　　　　The second is to give full play to the synergistic effect of traditional Chinese medicine in the treatment of major diseases. Practice has proved that Chinese medicine can play a synergistic role in the treatment of major diseases. For example, in the treatment of tumor diseases, Chinese medicine can cooperate with surgery, and giving patients active Chinese medicine treatment before operation can improve the body’s condition and help the operation go smoothly; After operation, traditional Chinese medicine was given to strengthen the body resistance and tonify deficiency, enhance immunity, promote rehabilitation and reduce recurrence and metastasis. For another example, during the epidemic period of Xinguan, the whole process of in-depth intervention of traditional Chinese medicine has played an important role in the prevention and treatment of Covid-19 infection, which can effectively reduce the incidence, weight shift rate and death rate of COVID-19 epidemic, promote the nucleic acid to turn negative, improve the cure rate, speed up recovery and alleviate complications.

　　　　Third, give full play to the core role of traditional Chinese medicine in disease rehabilitation. The characteristic rehabilitation of traditional Chinese medicine has obvious advantages in shortening the course of disease and improving the quality of life. Acupuncture, massage, pedicure and guidance are increasingly welcomed by patients. It is necessary to implement the project of improving the capacity of rehabilitation services with Chinese medicine characteristics as soon as possible, lay out and build a number of regional diagnosis and treatment centers for Chinese medicine rehabilitation, and promote the general establishment of rehabilitation departments in Chinese medicine hospitals above the second level to meet the growing demand for rehabilitation services with Chinese medicine characteristics of the people.

　　　　(The author He Qinghu is a member of Chinese People’s Political Consultative Conference, the president of Hunan Medical College, and Hu Zongren is the deputy director of the Ethnic Medicine Research Center of Hunan Medical College.)

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