[yesterday’s review]

　　On the last trading day of October, Hong Kong stocks rallied, the Hang Seng Index closed down 1.18%, and the Hang Seng Technology Index rose to 5% in intraday trading, closing up 1.05%.

　　Large-scale technology stocks showed a downward trend. Tencent and Meituan rose more than 2%, Xiaomi rose 1%, and Aauto Quicker, JD.COM and Baidu all closed down. Affected by Wu Yajun’s resignation as chairman of the board of directors of Longhu Group, the property management stocks in the interior led the decline throughout the day; Oil, coal, gas and other energy sectors have fallen.

　　[capital flow]

　　The net inflow of southbound funds was HK$ 6.32 billion yesterday, with the net purchase of Tencent Holdings ranking first and the net sales of China Offshore Oil ranking first.

　　In terms of short-selling data, the short-selling ratio of China Overseas Hongyang Group, Sihai International and Agile Group ranks in the top three; Meituan, Tencent Holdings and () ranked in the top three in terms of short-selling amount.

　　[Policy trends]

　　Hong Kong issues declaration on virtual assets policy

　　The Treasury Department of Hong Kong officially issued the Policy Declaration on the Development of Virtual Assets in Hong Kong.

　　The declaration shows that Hong Kong has an open and inclusive attitude towards innovators engaged in virtual assets business around the world. The SAR Government is working with financial regulators to create a convenient environment to promote the sustainable and responsible development of Hong Kong’s virtual assets industry, and will set the necessary restrictions in a timely manner to mitigate actual and potential risks in accordance with international standards, so that virtual assets innovation can flourish in Hong Kong in a sustainable way.

　　According to the declaration, in the process of stepping up preparations for the new licensing system for virtual asset service providers, the Securities and Futures Commission will conduct public consultation on the appropriate extent to which retail investors can buy and sell virtual assets under the new licensing system.

　　The Government welcomes the possibility of introducing virtual asset exchange traded funds (ETFs) in Hong Kong.

　　The Hong Kong SAR Government is also open to reviewing the property rights of token assets and the legality of smart contracts in the future to facilitate their development in Hong Kong.

　　[breaking news]

　　Longhu Group’s share price plummeted and the company urgently calmed the market.

　　On the evening of October 28th, Longhu Group announced personnel changes. Company Wu Yajun petitioned to resign as executive director, chairman of the board of directors and chairman of the nomination committee due to personal age and physical reasons; Chen Xuping, executive director and CEO of the company, was appointed as the chairman of the board of directors.

　　As soon as the news came out, Longhu Group’s share price plummeted. In this regard, Longhu Group urgently held an investor exchange meeting to appease market confidence.

　　Why is Wu Yajun handing over his shift now?

　　Wu Yajun said that in the past three years, she has been arranging candidates who can take over as the chairman. Why to people outside the family, is inspired by () Fang Hongbo and He Xiangjian, to professional managers after the enterprise development is booming.

　　And how to choose professional managers, Longhu has its own training system. As early as 2004, Longhu launched the "Official Students" project to attract outstanding graduates from domestic and foreign universities and reserve middle and senior management talents for future development. Chen Xuping, the new chairman of Longhu, grew up from the system of "being an official and a student". Wu Yajun said that as early as when Chen Xuping was the general manager of the project, he had an in-depth exchange with him and felt that he was a talented person in terms of investment, loyalty and business ideas. Especially in the last seven or eight years, I have had a lot of exchanges with him. Last year, Chen Xuping was in charge of the whole market in the group.

　　It is reported that around this year’s interim results, Wu Yajun was ready to hand over the baton to Chen Xuping, but at the beginning of August, Longhu was short-sold, and the sales did not return to normal, so the shift was postponed. Since the third quarter, Longhu’s sales have begun to return to normal, and all debts due during the year have been paid off. Next year’s maturity is also planned in advance. At this time, it is a good time to replace successors.

　　Another reason for Wu Yajun’s decision to resign is his health. In the past few years, Wu Yajun has been suffering from diabetes and hypothyroidism, and his physical condition has been greatly deteriorated.

　　After stepping down as chairman of the board of directors, Wu Yajun’s status in Longhu became a strategic development consultant. Wu Yajun said that he would pay attention to the development of the company from two aspects, including making suggestions on the business model of Longhu, and how to seek new profit growth points and how to avoid risks. It said that it will keep in touch with the management and is willing to accept the consultation of the management team.

　　Longhu Group is in good operating condition and will consider "de-real estate" in the future.

　　Chen Xuping said that Longhu’s recent business situation is relatively good. In the third quarter, sales turned positive year-on-year. From September to October, 10 plots of land were acquired, with a land acquisition amount of 10.8 billion. In the third quarter, when many central state-owned enterprises failed to sell, Longhu took land in several cities, showing its confidence in the market outlook. In the future, Longhu’s strategy can be classified as urban focus and waterway focus.

　　He revealed that as early as August and September last year, Longhu had observed that some cities were not right. Previously, third-and fourth-tier cities had stimulated a lot of demand by monetizing sheds, including some investment opportunities. Therefore, Longhu has sorted out 20 key cities, 14 opportunity cities and 34 cities that will not be invested in stages.

　　In addition, Chen Xuping, the successor, elaborated on the future development direction of Longhu to investors and mentioned de-real estate. It said that in the coming year, special attention will be paid to the arrangement of cash flow, and at the same time, under this premise, profits will be guaranteed to increase steadily.

　　In terms of waterway focus, in the next five years, Longhu’s commercial, rental housing, space service and smart construction will account for more than half of the profits, and its revenue will account for 30% of the whole group. By that time, Longhu should have completed the de-real estate. Twenty years later, operational income’s goal beyond real estate is 100 billion yuan.

　　Longhu repaid the loan in advance by HK$ 5.1 billion, and the controlling shareholder increased its holdings by 3 million shares.

　　Longhu Group announced at noon on October 31 that it had learned that the company’s share price fluctuated abnormally, and the board of directors confirmed that the Group’s business operation was stable and its financial situation was healthy and safe.

　　In addition, Longhu Group repaid some syndicated loans due in 2023 of HK$ 5.1 billion in advance on October 31st.

　　Charm Talent, the controlling shareholder of Longhu Group, increased its holding of 3 million shares on October 31st, with an average price of HK$ 9.53. After this increase, Charm Talent’s shareholding ratio is 43.41%.

　　Geely plans to split a separate IPO of Krypton brand.

　　Geely Automobile announced on October 31 that it proposed to spin off its brand of new energy vehicles for independent listing, and the relevant stock exchanges have confirmed that it can be spun off.

　　The listing place, sale scale and price range of Krypton have not yet been determined.

　　Xiaomi double 11 made a good start: the payment amount in 70 minutes broke 3 billion yuan and 500 product discounts.

　　Xiaomi Company announced that it took double 11 only 1 hour and 10 minutes, and the amount of omni-channel payment exceeded 3 billion yuan, which ushered in a good start for double 11.

　　It is understood that during Xiaomi’s stay in double 11, there were 1.1 billion rejuvenation subsidies, including full reduction, discounts, coupons, etc., and there were 500 products with special offers.

　　Tik Tok was sentenced to compensate Tencent for more than 32 million yuan.

　　On October 26th, Xi ‘an Intermediate People’s Court made a first-instance judgment on the case of Yunnan Worm Valley, and Tik Tok was awarded compensation of over 32 million yuan to Tencent.

　　It is reported that on August 30th, 2021, after the solo broadcast of "Yunnan Worm Valley" in Tencent video, there were a large number of clips uploaded by users on Tik Tok. Tencent filed a lawsuit, demanding that Tik Tok immediately take effective measures to delete, filter and intercept the relevant videos, and compensate the economic losses and reasonable expenses by 10 million yuan, and then the claim amount was raised to 90 million yuan.

　　Tik Tok argued that the relevant videos were uploaded by users themselves, and there were a large number of users on the platform, so it was impossible for Tik Tok to conduct substantive review of massive information; And according to the law, Tik Tok Platform only provides information network storage services, and has no obligation to censor content. The platform has reminded users that the uploaded content shall not infringe the intellectual property rights of others, and has fulfilled the obligation of notification and deletion, so it does not constitute infringement.

　　On October 26th, Xi ‘an Intermediate People’s Court made a first-instance judgment on the case of Yunnan Worm Valley. The court held that a large number of users on the vibrato platform had infringed the works involved. Although Tik Tok took measures to reduce the number of infringing works, the infringement was still not effectively curbed.

　　Tik Tok therefore belongs to aiding infringement, and should immediately take effective measures to delete, filter and intercept relevant videos, and compensate Tencent for its economic losses and reasonable expenses of more than 32.4 million yuan.

　　Some functions of Tencent conference began to charge.

　　On October 31st, "Some functions of Tencent Conference began to charge" was posted on Weibo Hot Search, which triggered a heated discussion.

　　In this regard, Tencent Conference Customer Service said that as early as September 15th, Tencent Conference launched a series of value-added functions such as unlimited automatic meeting minutes, 1080P high-definition image quality, cloud recording space expansion, headdress, real-time transcription and so on. The above functions are provided to users in the form of membership services, but these services are free because they belong to the "limited exemption test" stage, which has now ended.

　　In addition, the customer service of Tencent Conference emphasized that these paid membership services are value-added services, and the free core basic functions of Tencent Conference are not affected.

　　[financial data]

　　1. Sany International: The comprehensive income in the first nine months reached 11.6 billion yuan, up 53.8% year-on-year.

　　2. SJM Holdings: In the third quarter, the loss attributable to company owners reached HK$ 1.895 billion.

　　3. Yun Kang Group: In the first nine months, it recorded a revenue of 2,328.8 million yuan, a year-on-year increase of 90.9%.

　　4. Nanyue Holdings: In the first nine months, the comprehensive loss attributable to shareholders expanded to HK$ 30.772 million.

　　5. Zhejiang, Shanghai, Hangzhou and Ningbo: The net profit in the first three quarters was 2.941 billion yuan, down 25.99% year-on-year.

　　6. Guangnan (Group): The net profit in the first three quarters was HK$ 122 million, up 130.2% year-on-year.

　　7. Guangzhou Rural Commercial Bank: The net profit in the first three quarters was 3.068 billion yuan.

　　8. Tongda Group: The turnover in the first three quarters was HK$ 6.026 billion, a year-on-year decrease of 17.9%.

　　9. Jiahong Logistics: The gross profit in the first three quarters was about HK$ 403 million, up 16.0% year-on-year.

　　10. Liancheng Technology Group: The interim profit is about HK$ 6.5 million, with a slight increase of about 4% year-on-year.

　　11. China Gas: It is estimated that the net loss after tax in the first three quarters will be greatly reduced by about 71.7%.

　　12. Sibo System: It is estimated that the profit attributable to owners of the company will increase by about 120% in the medium term.

　　13. Kaifushan Group Holdings: It is estimated that the profit in the first three quarters will be about HK$ 52 million to HK$ 55 million.

　　14.EPRINT group: it is expected that the interim net profit will drop by about 70%-80%.

　　15. Mingliang Holdings: It is estimated that the loss in the first three quarters will be about HK$ 16 million.

　　16. Shenglong Jinxiu International: It is estimated that the net profit attributable to company owners in the first three quarters will decrease by about 41% year-on-year.

　　17. Hengtaiyu Group: It is estimated that the profit in the first nine months will be no less than HK$ 10 million.

　　18. Electronic trading group: It is estimated that the total loss attributable to company owners in the first three quarters is about HK$ 2 million.

　　19. Pacific Bar: The medium-term after-tax profit is expected to be about HK$ 1.5 million to HK$ 2.5 million.

　　20. Jinhui Technology: It is expected that the medium-term net profit will increase to about 35 million yuan.

　　21. China Electric Power: The combined total electricity sales in the first three quarters was 82.1906 million MWh, up 8.51% year-on-year.

　　[M&A for sale]

　　1. Yuexiu Property: The affiliated joint venture acquired the rights and interests of the plot in Shangcheng District of Hangzhou and actively distributed the East China region.

　　2. China Tangshang: It is planned to acquire all the shares of Zhirong Holdings for 315 million yuan.

　　3. Australian Supreme: It is planned to acquire the entire equity of Qiaobo International for HK$ 27.453 million.

　　4 () Real estate: The subsidiary won the plot of Chang ‘an District in Xi ‘an for 910 million yuan.

　　5. Huaneng International: It is planned to sell 100% shares of Zhaoming and 100% shares of Henlida International.

　　[investment operation]

　　1. Yuanda Medicine: The clinical trial of STC3141, a global innovative product, for the treatment of acute respiratory distress syndrome in China reached the clinical end.

　　2 (): Lacoxamide tablets were approved for production.

　　3. China Pioneer Medicine: The subsidiary signed four investment production line contracts with a total investment of 500 million yuan.

　　4. Color guest new energy: Shandong Color guest new materials completed the construction of iron phosphate product production line with a capacity of 50,000 tons/year.

　　5. Deqi Medicine -B: The phase I trial of ATG-017, a small molecule ERK1/2 inhibitor for the treatment of patients with advanced solid tumors, was approved by the US FDA.

　　6. Guangzhou Automobile Group: It spent 1.19 billion yuan to purchase negotiable certificates of deposit.

　　7. Hometown Interaction: It is planned to establish a joint venture to invest in consumer industries, corporate services, entertainment and other fields.

　　[Repurchase cancellation]

　　1. AIA: On October 31st, it bought back 2,998,600 shares at a cost of HK$ 178 million.

　　2. China Petrochemical Co., Ltd.: On October 31st, 63 million shares were repurchased at a cost of HK$ 198 million.

　　3. China Petrochemical Co., Ltd.: On October 31st, 19 million A shares were repurchased at a cost of 77.849 million yuan.

　　4 (): On October 31st, 8,350,500 shares were repurchased at a cost of HK$ 71,002,600.

　　5. Zhongsheng Holdings: On October 31st, it spent HK$ 23.35 million to buy back 784,000 shares.

　　6. Reading Group: On October 31st, it bought back 400,000 shares at a cost of HK$ 8,523,200.

　　7. Shisi Pharmaceutical Group: On October 31st, it bought back 1.66 million shares at a cost of HK$ 5.466 million.

　　8. Swire Co., Ltd. A: On October 31st, it bought back 729,000 shares at a cost of HK$ 37.887 million.

　　9. China Offshore Oil: On October 31st, it bought back 14.58 million shares at a cost of HK$ 138 million.

　　10. Kangjian International Medical: On October 31st, 17 million shares were repurchased at a cost of HK$ 5.96 million.

　　11. Fosun International: On October 31st, it spent HK$ 19.25 million to buy back 4 million shares.

　　12. POP MART: On October 31st, 700,000 shares were repurchased at a cost of HK$ 7,121,700.

　　13. Cheung Kong Group: On October 31st, it bought back 860,000 shares at a cost of HK$ 37.49 million.

　　14. Xiehe New Energy: On October 31st, 13.41 million shares were repurchased at a cost of HK$ 8.0799 million.

　　[others]

　　1. Kerry International: A total of 40.21 million share options were granted.

　　2. Guangzhou Automobile Group: The controlling shareholder has accumulated 9.02 million H shares.

　　3. Ruike Bio -B: It is planned to issue no more than 57.956 million domestic shares to no more than 35 domestic institutional investors.

　　Different from the rapid development in the previous two years, in 2018, especially in the second half of the year, the growth rate of credit card business of many banks declined, banks gradually returned to calm, and credit card performance was divided. The "rise" of NPL ratio has sounded the alarm for banks. In the future, banks will pay more attention to "quality" on the basis of increasing "quantity" of credit cards — —

　　The non-performing rate of credit cards soared and credit consumption peaked … … Since the second half of last year, the risk of bank retail business has been widely discussed, among which credit card business has become the core topic.

　　What is the development of credit card business of listed banks in 2018? What new changes have taken place? Is the credit card business really as "bad" as the market circulated?

　　Slow card issuing speed

　　After analyzing the 2018 annual reports of a number of listed banks, the Economic Daily reporter found that, unlike the rapid development in the previous two years, in 2018, especially in the second half of the year, the growth rate of credit card business of many banks declined, and banks gradually returned to calm, and credit card performance began to differentiate.

　　In terms of cumulative card issuance, five banks, namely Industrial and Commercial Bank of China, Agricultural Bank of China, China Bank and China Construction Bank, have exceeded 100 million cards, with the number of cards issued reaching 151 million, 103 million, 110 million and 121 million respectively. In addition, the data of China Merchants Bank’s semi-annual report in 2018 shows that its cumulative number of cards issued has also exceeded 100 million.

　　"Although the four state-owned banks firmly occupy the top spot in cumulative card issuance, the trend of stock banks coming from behind should not be underestimated. For example, the cumulative growth rate of card issuance by Shanghai Pudong Development Bank, China CITIC Bank and China Everbright Bank is above 30% year-on-year, far exceeding the average growth rate of 16% of Agricultural Bank of China, Bank of China and China Construction Bank. " Su Xiaorui, a researcher at Sack Research Institute, said.

　　In terms of new card issuance, Agricultural Bank of China issued 18,010,600 new cards, ranking first, which also made the cumulative card issuance of Agricultural Bank of China reach 103 million, becoming a new member of the credit card "100 million clubs" after ICBC, CCB, China Merchants Bank and Bank of China. The annual report shows that CITIC Bank, Ping An Bank, Shanghai Pudong Development Bank and China Everbright Bank have also issued more than 15 million new cards.

　　Li Wanfu, a researcher at Rong 360 Big Data Research Institute, said: "In terms of the year-on-year growth rate of new card issuance, most banks maintained a moderate level of around 10% in 2018." According to statistics, China Everbright Bank and China CITIC Bank performed outstandingly, with year-on-year growth rates as high as 64.05% and 43.44% respectively. Minsheng Bank is as low as 3.91%; The number of new cards issued by Zheshang Bank has shrunk by 29.45%. It is not difficult to see that the trend of differentiation is very obvious.

　　Overdraft balance and consumption are stable.

　　The "Overall Situation of Payment System Operation in 2018" shows that by the end of 2018, the total credit granted by bank cards was 15.40 trillion yuan, a year-on-year increase of 23.40%; The credit balance of bank cards is 6.85 trillion yuan, with a year-on-year growth rate of about 23%. Although it has slowed down compared with the growth rate of 36.83% in the previous year, it is still in the stage of scale expansion as a whole.

　　Specific to major banks, the overdraft balance of ICBC and China Construction Bank exceeded 600 billion yuan, and China Merchants Bank and Bank of Communications exceeded 500 billion yuan.

　　It is worth noting that Zheshang Bank, which ranks at the bottom in terms of card issuance and overdraft balance, has a much faster expansion rate than other banks. Judging from the overdraft balance, its year-on-year growth was 165.32%.

　　Judging from the ratio of overdraft balance to the scale of personal loans of banks, credit card overdrafts (loans) of many banks account for over 30% of personal loans, for example, the data of Everbright Bank is 38% and Minsheng Bank is 32%.

　　Observing the amount of credit card consumption/transaction, many banks also performed well. For example, China Merchants Bank, which is good at retail business, ranks first in the banking industry with an annual consumption record of 3.79 trillion yuan, while Bank of Communications is close behind with an annual consumption of 3.07 trillion yuan. China Construction Bank, Industrial and Commercial Bank of China and Ping An Bank are all above 2.5 trillion yuan; Postal savings bank and zheshang bank are the lowest, and the annual credit card consumption is less than 1 trillion yuan.

　　"Analysis of the 13 banks that have announced the credit card consumption transaction volume in 2018, the ranking of their annual transaction volume is basically the same as that in the first half of 2018. Only Shanghai Pudong Development Bank overtook the Agricultural Bank with a slight advantage of more than 50 billion yuan." Li Wanfu said.

　　Judging from the year-on-year growth rate, the three banks exceeded 50%. Among them, Zheshang Bank has a growth rate of 176.02% due to its small base; Ping An Bank and Shanghai Pudong Development Bank are also above 50%; Among the large state-owned banks, Bank of Communications and Postal Savings Bank grew rapidly, while Industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank were relatively stable, with an increase of less than 20%. Other banks are at 25% to 40%.

　　It is worth noting that in 2018, banks actively explored the profit space of credit cards. In addition to the regular credit card loan business, they also launched various installment products and deferred repayment products to solve the short-term capital turnover problem of users. These products, on the one hand, have consolidated the competitiveness of bank credit cards, on the other hand, they have also become an important means to increase income of credit cards. According to the data released by UnionPay, the credit card installment income of UnionPay data customers accounted for 36.7% in 2018, surpassing the interest income accounting for 30%, becoming the largest source of income for credit card business.

　　Credit card non-performing rate rises

　　"In the past two years, the development momentum of personal consumer finance has been relatively strong, and excessive credit and long-term lending have become hot topics. With the expansion of the number of cards issued, the total credit and the overdraft balance, the risks behind it are gradually exposed. " Su Xiaorui said.

　　According to the annual report, due to the influence of macroeconomic trends, the non-performing rate of credit cards in many banks increased in 2018. The data shows that Minsheng Bank has the highest credit card non-performing rate, reaching 2.15%, up 0.08 percentage points year-on-year; The NPL ratio of CITIC Bank was 1.85%, second only to Minsheng Bank, but it increased the most, reaching 0.61 percentage points. Pudong Development Bank, Postal Savings Bank, Ping An, Zheshang and China Construction Bank also rose to varying degrees.

　　According to the report of Sack Research Institute, it is no accident that the bad credit card rate of many banks rises simultaneously. Firstly, it is affected by the downward pressure of macro-economy. Secondly, some joint-stock banks’ credit card development strategies are more radical before, and the competition for card issuance is white-hot. After weakening the risk control, some customers with poor qualifications and serious joint debts may be introduced.

　　In addition, Li Wanfu said that the regulatory environment has become stricter, and banks’ criteria for identifying non-performing loans have become stricter. Loans that are overdue for more than 90 days can no longer be classified as non-performing, which has also led to an increase in the non-performing rate of some banks to some extent.

　　In the eyes of the industry, the "rise" of non-performing rate has sounded the alarm for banks. In the future, banks will pay more attention to the pursuit of "quality" on the basis of "quantity" of credit cards, but they will not be held back.

　　"It is expected that the scale of credit card business will maintain a steady growth rate in 2019. In addition to introducing more credit data to optimize the risk control model, banks will develop more related products for users with good credit habits, meet the individual needs of users, expand users’ credit ability, and increase the per capita profit space of credit cards. " Li Wanfu said.

　 "I am talking about this as a deputy to the National People’s Congress, not because I am the president of Gree, because there are indeed defects in the whole process." Dong Mingzhu was still excited when talking about the case. "In fact, it is impossible for Gree to get it back in this project now. What does Gree insist on? We hope that through such a complaint, we hope to get a fair treatment, or that we can really promote the environment of government procurement to be more fair because of this matter. Its real meaning is precisely here. "
　　Dong Mingzhu still finds it hard to swallow the sigh that Gree Air Conditioning has the advantages of quality and price and was rejected. In terms of quality, "our products have won world famous brands, and only 8 of the tens of thousands of enterprises in China can win such honors." From the price point of view, Gree air-conditioning costs more than 4 million yuan less than the other party. "25% of the maintenance cost is a terrible figure, and this money can also buy another 15,000 square meters of refrigeration equipment. Some people say that Dong Mingzhu and Gree Electric are really awesome, challenging the government. I said, wrong. In fact, we are not competing with the government. I think Gree is completely consistent with the government this time. " Dong Mingzhu said.

　　"Now someone questions my world famous brand, so I will tell you a story." According to Dong Mingzhu, a consumer bought eight Gree air conditioners in Shaanxi and wanted to give him a prize in the shopping mall. The shopping mall said that Gree air conditioners did not participate in the lucky draw, so he didn’t give it. The consumer competed with the shopping mall, so he said that Gree was a world famous brand and was dishonest and false. "Gree is a world famous brand, which is guaranteed by quality and service. I didn’t promise you prizes. Is Gree a world brand or a false propaganda? This is not involved. "
　　It is said that on the day Gree won the "World Famous Brand", Dong Mingzhu did two things: First, he asked the General Administration of Quality Supervision, Inspection and Quarantine to go to Gree for inspection and review every year. If it did not meet the standards of world famous brands, Gree took the initiative to cancel its qualification; Second, hold a staff meeting and call for higher standards. To Dong Mingzhu’s delight, in the upcoming activity declaration for finding 15-year-old users, it is reported that an institution in Changsha, Hunan Province purchased 280 Gree air conditioners at one time in 1995, and 260 are still in use. Gree air conditioner bought by a post and telecommunications institute in Chengdu in 1992 is still in use 18 years later. "Gree air conditioners account for 48% of the market in China. Consumers will not pay attention to whether you make false propaganda, but value product quality." Dong Mingzhu said.

First, why should we formulate the Measures for the Supervision and Administration of Toothpaste?

Toothpaste is not only a daily consumer product, but also a product closely related to people’s health. From the early days of the founding of New China to the 1990s, toothpaste was managed by the former Ministry of Light Industry. In 2005, the former General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) implemented production license management for toothpaste manufacturers and issued cosmetics production licenses in accordance with the Regulations of the People’s Republic of China on the Administration of Production Licenses for Industrial Products. In 2007, the former General Administration of Quality Supervision, Inspection and Quarantine issued the Regulations on the Management of Cosmetic Labeling (Order No.100), which included products used for teeth in cosmetics. After the institutional reform in 2013, the former Food and Drug Administration assumed the function of cosmetics supervision, and continued to issue cosmetics production licenses to toothpaste manufacturers, but toothpaste products were not included in cosmetics management.

On June 16th, 2020, the State Council issued the Regulations on the Supervision and Administration of Cosmetics (hereinafter referred to as the Regulations), which stipulated that toothpaste should be managed with reference to the regulations on ordinary cosmetics. After evaluating the efficacy of toothpaste according to national standards and industry standards, the filer can claim that toothpaste has the efficacy of preventing caries, inhibiting dental plaque, resisting dentin sensitivity and alleviating gum problems. The specific measures for the administration of toothpaste shall be formulated by the drug supervision and administration department of the State Council, and submitted to the market supervision and administration department of the State Council for review and release. In order to implement the Regulations, standardize the production and operation activities of toothpaste, strengthen the supervision and management of toothpaste, ensure the quality and safety of toothpaste, protect the health of consumers, and promote the healthy development of toothpaste industry, National Medical Products Administration organized the drafting of the Measures for the Supervision and Management of Toothpaste (hereinafter referred to as the Measures), and submitted it to the State Administration of Market Supervision for review and release according to procedures.

2. What are the main contents of the Measures?

The "Measures" consists of 25 articles, the main contents of which include: First, the definition of toothpaste and the regulatory authorities are clarified. Toothpaste is defined as a paste product that is applied to the surface of human teeth in a rubbing way with the main purpose of cleaning. It is clear that the departments responsible for drug supervision and administration in National Medical Products Administration and above the county level are responsible for toothpaste supervision. The second is to clarify the management requirements of toothpaste and toothpaste raw materials. It is stipulated that toothpaste should be put on record management, and new toothpaste raw materials should be registered or put on record management according to the degree of risk. Third, continue to use the current toothpaste production license system and issue cosmetics production licenses for toothpaste production. The fourth is to clarify the efficacy management and labeling requirements of toothpaste. It is required that the efficacy claim of toothpaste should have sufficient scientific basis, and the contents that toothpaste should be labeled and prohibited should be clearly defined.

3. What are the principles and ideas for drafting the Measures?

The drafting process of the Measures mainly follows the following principles and ideas:

First, strictly implement the "four strictest" requirements. According to the relevant provisions of the Regulations, "Toothpaste shall be managed according to the provisions of these Regulations on ordinary cosmetics", the Measures set up a series of supervision systems from the aspects of new raw material management, product filing, label declaration, efficacy evaluation, etc. of toothpaste, so as to clarify legal responsibilities and effectively safeguard consumers’ health rights and interests.

The second is the principle of highlighting key points. Judging from the product characteristics and international supervision experience, toothpaste and cosmetics have much in common in management. In order to improve the supervision efficiency and highlight the key points of toothpaste supervision, the Measures mainly specify the specific requirements of toothpaste reference management, and make special management provisions on toothpaste filing management, toothpaste new raw material registration and filing, toothpaste production license, safety assessment, efficacy declaration, etc. For the contents consistent with cosmetics management, the Measures do not make repeated provisions.

The third is to highlight the principle of problem orientation. The main problem in the current toothpaste market is the confusion of efficacy claims. The "Measures" clearly define the boundaries of toothpaste, and at the same time strictly restrict the claims of efficacy of toothpaste products, such as preventing caries, inhibiting dental plaque, resisting dentin sensitivity and alleviating gum problems, in order to curb the occurrence of illegal claims of toothpaste.

The fourth is to adhere to the working principle of striving for progress while maintaining stability. Considering that the filing management of toothpaste is the new requirement of the Regulations and Measures, the Measures intend to reduce the impact and impact on the industry by setting a reasonable transition period and following the existing national standards and industry standards.

4. What is the definition of toothpaste in the Measures?

The "Measures" stipulate that toothpaste refers to a paste-like product that is applied to the surface of human teeth by friction, with cleaning as the main purpose. This definition reaffirms that the action mode of toothpaste is auxiliary friction, the action site is the tooth surface, and the main purpose of use is cleaning, which is basically consistent with people’s daily understanding of toothpaste products. It can be seen from this definition that the material properties of toothpaste products are limited in the Measures, which must be "paste", which means that tooth powder, mouthwash and other oral care products are excluded.

Considering that oral cleaning and nursing products include a wide range of products, besides tooth powder and mouthwash, there are also products such as oral bacteriostatic cream with the name of Xiao (sanitary disinfection), tooth desensitizing gel with the name of Machinery (medical devices) and butyl boron cream with the name of Medicine (medicines). Among these products, those with relatively high safety risks need to be strictly supervised according to drugs and medical devices, while those with relatively low safety risks can be managed according to general industrial products. It is obviously not scientific and reasonable to refer to cosmetics for record management in general. Therefore, according to the system design of the Regulations, the Measures make the above provisions on the definition of toothpaste.

5. What is the management idea of the "Measures" on the efficacy claim of toothpaste?

Relatively speaking, the efficacy claims in China’s toothpaste market are confusing, and there are endless cases of claiming "anti-inflammatory, analgesic, hemostasis", "promoting children’s teething", "repairing tooth cavities", "stabilizing teeth loosening" and "regenerating teeth". Some claims are blurred with drugs and medical devices, which seriously mislead consumers and bring great security risks to their health. In order to solve the problems of false and exaggerated claims, the Measures learn from the management experience of other countries (regions), and strengthen the management of efficacy claims by implementing the main responsibility of enterprises and strengthening social co-governance. The "Measures" stipulate that the efficacy claims of toothpaste should have sufficient scientific basis. Toothpaste filers shall, at the time of filing, publish the abstracts of documents, research data or product efficacy evaluation data on which efficacy claims are based, and accept social supervision. The efficacy claim evaluation of toothpaste shall conform to the relevant requirements of laws, regulations, mandatory national standards, technical specifications and quality, safety and efficacy claim evaluation stipulated by National Medical Products Administration, so as to ensure the scientificity, accuracy and reliability of efficacy claim evaluation results.

(Headquarters CCTV reporter Yu Jingying)

Start the Q2V test drive tour of flying saucer, and offer super dry goods. The reserved entrance, store location, precautions and surprise offers are all covered to help you easily get the test drive.

1. 4S store site:
Visit the 4S store under the flying saucer Q2V car line.
Express the test drive intention and interested models to the staff in the store.
We will provide you with detailed vehicle introduction and recommendation, and assist in the test drive booking process.
2. official website/applet:
Visit UFO Q2V official website or official applet.
Click on the "Appointment Test Drive" section.
Fill in the basic information, choose the vehicle type and test drive location.
After submission, the professional team will contact you to arrange a test drive.
3. Online booking for third-party platforms:
Visit well-known third-party platforms of automobiles, such as Pacific Auto Network.
Find the booking page of flying saucer Q2V test drive, and fill in and submit the information.
Waiting for appointment confirmation
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As a customer or member of flying saucer Q2VVIP.
Make an APPointment for a test drive through the customer service hotline, VIP dedicated app or applet.
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1. Determine whether you meet the test drive requirements, such as whether the driver’s license is over one year, whether the age meets the requirements, and prepare your ID card and driver’s license.
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1. As a member or registered user of flying saucer Q2V, you can enjoy exclusive benefits such as free maintenance, discount on maintenance, priority test drive, etc. See official website or APP for details.
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　　It’s been a week since June 18, and when the June 18 war resumed, Juhua, which was fully restarted in March this year, became the biggest dark horse that suddenly emerged. The data shows that during the Tmall 618 period, the cost-effective year-on-year transaction growth reached 86.5%, and the year-on-year order growth was 106%.

　　According to Alibaba, poly-cost-effective led to one-third of Tmall 618 transactions. According to the special report released by the authoritative Internet information service provider Analysys International on June 20th, Tmall’s market share during the promotion period was more than twice that of JD.COM and Pinduoduo combined, and one company accounted for nearly two-thirds of the total market share.

　　Source: Analysys

　　The above picture shows the GMV comparison among different platforms very intuitively. The GMV of Taobao Tmall is 100, while that of JD.COM and Pinduoduo is 32.7 and 9.9 respectively. Poly-cost-effective leads to one-third of the transactions, which means that its index of leading transactions reaches 33, which is higher than that of JD.COM and Pinduoduo. More directly, a single gathering is cost-effective, and the turnover during Tmall 618 exceeded three Pinduoduo. In this year’s 618 War, the pattern of the sinking market has been rewritten. As an amoy department, Juhua rushed into the sinking market and gained a lot of advantages in the sinking market.

　　On June 25th, Alibaba "officially announced" the overall growth of Tmall 618. Jiang Fan, president of Tmall, revealed at the launch conference of Tmall flagship store version 2.0 that the physical GMV of Tmall 618 increased by 38.5% year-on-year, and the DAU (daily active user) of mobile phone Taobao also increased by 29% year-on-year during Tmall 618.

　　Caption: Jiang Fan, president of Tmall, was at the launch of version 2.0 of Tmall flagship store.

　　JD.COM did not disclose GMV figures, but the so-called "order amount". According to the figures published by JD.COM, the year-on-year growth of the order amount is only 26.5%, which is 12 percentage points lower than that of Tmall. As the largest e-commerce platform in the whole network, the growth rate of Tmall is also significantly ahead of competitors such as JD.COM. The ultra-high-speed growth of poly-cost-effective has further consolidated the dominant position of Amoy in the whole market.

　　The cost-effective "revival" has also injected important traffic growth into mobile phone Taobao. The year-on-year growth rate of DAU of Hand Amoy is 29%, which is the highest since 2017. It also shows that it is cost-effective to tap the incremental population mainly based on the following heavy market users. Data from traffic monitoring third-party organizations such as Aurora Big Data and Questmobile all show that during the period of 618, the number of DAU (Daily Active Users) of mobile phone Taobao was in an absolute leading position, far exceeding other competitors.

　　Win the sinking market

　　A prominent feature of 618 this year is that "sinking market" has become a battleground for military strategists. In March this year, the comprehensive and cost-effective restart profoundly changed the war situation of 618 this year. Jiang Fan revealed a figure that 49% of Tmall 618′ s purchase users came from the 4 th, 5 th and 6 th tier cities.

　　The research of Aurora Big Data shows that although the penetration rate of mobile phone Taobao in third-tier and below cities is slightly lower than that in first-and second-tier cities, it is still as high as 54.8%, which is significantly higher than that in Pinduoduo (39.5%) and JD.COM (22.3%). It is the only mainstream e-commerce software with a penetration rate of over 50% in third-tier and below cities. The DAU index of Taobao’s sinking market in the third line and below is more than twice that of Pinduoduo.

　　In fact, before the start of Tmall 618, Alibaba began to deploy troops to strengthen the cost-effectiveness. Although Juhua was once an independent business unit of Amoy Department, it was merged into Tmall at the end of 2016. At the beginning of this year, Juhua became independent from Tmall and became a unified marketing platform for Taobao and Tmall, namely the marketing platform business unit. It is also known as Daju Cost-effective business unit.

　　The new big gathering cost-effective covers the core marketing tools of Taobao, such as gathering cost-effective, rushing to buy, selling every day, etc. These business lines occupy almost half of the "half of the country" in the new edition of the hand-scouring six squares.

　　Amoy is one of the most important goals of this year’s 618 strategy, which is to maximize the enthusiasm of users in the sinking market. Alibaba’s "618" this year is "the biggest investment in history" comparable to double 11’s, and the breakthrough has chosen to gather cost-effectiveness. The biggest game of "Ten Million Explosive Groups" is to maximize the marketing explosive power of the poly-cost-effective sale model.

　　According to Alibaba, during Tmall 618, there were more than 180 million transactions and explosions, more than 4,700 million transactions and more than 4,200 items with sales exceeding 10,000 pieces, making it easy to achieve the small goal of "10 million explosion groups and 100 million explosion groups every day". The "Ten Million Explosive Groups" directly promoted the high growth of poly-cost-effective transaction volume. During the period of 618, the growth rate of poly-cost-effective transaction volume reached 89% year-on-year, and the number of users and purchases in third-and fifth-tier cities both increased by more than 100% year-on-year.

　　Jiang Fan said at yesterday’s press conference: "The reason why Juhua can make such progress in just a few months is because it has returned to the original intention of ten years ago, that is, helping consumers find the best-priced goods in the whole network and helping businesses get customers with the most efficient marketing."

　　The best tool for brand customers.

　　Poly cost-effective comprehensive restart, and further become the brand’s best customer acquisition tool. Before Tmall 618, Juhua clearly put forward the goal of "bringing 300 million new customers to the brand", which was finally successfully achieved.

　　This year, 128 brands of Tmall 618 were among the "Billion Club". More than 100 brands such as CPB, L ‘Oré al, Watsons, Dr. Chengye, Telunsu and Peak surpassed double 11 last year, and the sales performance of some brands reached 40 times that of double 11 last year. In this promotion, almost all the brands that became the "Billion Club" participated in the cost-effective activities.

　　As the "biggest investment in history", 618 strives to convey "affordable" mind to consumers. The original price of Dyson hair dryer is nearly 3000 yuan, and 88VIP discount is added to the poly-cost-effective subsidy coupon, and the hand is as low as 1854 yuan. The brand with the original price of 1499 is bigger than an air conditioner, and it will be subsidized after the direct drop, and the hand price is 859 yuan. On June 18 th, Juhua launched the iPhone XR 618 yuan spike, which was less than 10% off the original price, causing the whole network to snap up. The investment of real money has undoubtedly greatly strengthened the influence of poly-cost-effectiveness on the consumer side.

　　Tmall is the brand’s favorite new product release platform. During this year’s Tmall 618, 80% of the core brands released new products on Tmall. With Tmall’s powerful data and operational capabilities, brands can also aggregate consumer information, understand consumer preferences, conduct new product research and development, and create "explosive models".

　　How to make "explosive models" sell better? Tmall has a set of marketing methodology. In Jia Luo’s view, the sale model is a means to help brands reach new customers as quickly as possible. In fact, there is also a very strong demand for branded goods in the sinking market. Brand goods with high cost performance can also "suck powder" quickly once they reach the sinking market. The long-term accumulated ability of Juhua has played a role in this respect. Before Juhua regained its independence from Tmall, it brought considerable business opportunities to the Tmall brand. In 2018, 80% of the brands that participated in Juhua came from new buyers, and the ability of Juhua to "pull new" can be seen. After the further restart, it was cost-effective, and the killer weapon of "Laxin" was used to the extreme. On June 25, the average growth rate of 400 brands participating in the launch of Tmall flagship store was as high as 47% during Tmall 618.

　　Empowering industrial belt to create new supply

　　The data shows that Handamoy has always been the largest shopping APP with the highest penetration rate in China, with more than 700 million consumers on this platform, with rich and diverse needs. How to meet their more and more diverse preferences, Amoy needs to work hard on the supply side.

　　The breakthrough of Tao department selection is still a good deal. In addition to bringing new customers to traditional head brands, Juhua has set its sights on small and medium-sized businesses on the platform. Through their digital transformation, they can provide more high-quality and affordable products, which can meet the diverse needs of consumers and create more business growth for middle-aged businesses.

　　Poly-cost-effective phase of the industry with businesses. In this year’s Tmall 618, a large number of small and medium-sized brands have entered people’s sight through Taobao, such as Yage electric mosquito swatter, Miaoyou children’s socks, Yi Enbei wet wipes, plant protection paper products, Fupai electric toothbrush, and Caramella socks. Although they don’t have the star aura of international brands, they are favored by consumers with high quality and low price. The reason behind it is also very simple. They have entered a cost-effective industrial belt support plan.

　　As a big manufacturing country, China manufacturers have strong production capacity, forming various types of industrial belts such as digital accessories, electric toothbrushes, socks and paper towels. Many industrial belt manufacturers have long been OEM for well-known brands, but they lack their own brands. The daily sale of Juhua’s products fills the shortcomings of industrial belt merchants in operation, technology and brand ability, which can not only help them upgrade their products by digital means, but also solve the sales channels of their goods.

　　On the other hand, when these industries bring merchants to the front desk, many categories of consumption upgrades have successfully reached the sinking market for the first time. For example, the electric toothbrush, a typical "consumption upgrade" commodity, was sold in the sinking market during Tmall 618. Fupai, an electric toothbrush brand in Taizhou, Zhejiang Province, sold 14,051 pieces in one minute after the opening of 618, and sold 400,000 pieces in 16 hours. Juhua cost-effectively pushed the industrial belt merchants and successfully awakened the upgrading needs of consumers in the sinking market. The industrial belt merchants also successfully won 466 million orders during the period of 618.

　　Observing this year’s 618, the strong rise of poly-cost-effective is the most noteworthy phenomenon. To some extent, the battle of sinking market has been rewritten. Juhua Cost-effective, by its own efforts, has driven more transactions than the whole platform in JD.COM and Pinduoduo, which means that it has become the natural choice for users in the sinking market.

　　For consumers, the "cost-effective" mentality has been established, and strong consumer insight and price competitiveness have greatly enhanced the user stickiness of the cost-effective platform. On the other hand, poly-cost-effectiveness has also become the integration of "Alibaba’s commercial operating system", which can effectively empower different types of businesses. The top brands can get more new customers through poly-cost-effectiveness, and the middle-waist businesses can also realize their own product evolution and brand upgrade through poly-cost-effectiveness.

　　The key for Amoy Department to maintain its own competitiveness lies in creating new supply for consumers so as to meet their new demands. And poly-cost-effectiveness is the key link, and it has withstood the test in the 618 War.

　　Vitamin C is an essential nutrient for us to keep healthy. From the needs of the body to whitening health care, the function of vitamin C has also been spread more and more "powerful". Because of its antioxidant effect, vitamin C is highly expected in whitening. In daily life, we often think that oral ulcers and gingival bleeding are caused by lack of vitamin C; Even the barbs on the hands are related to vitamin C deficiency. Is this really the case?

　　Oral ulcers and bleeding gums are caused by lack of vitamin C; If you love long barbs on your hands, you should eat more vitamin C… … Do you often hear such advice in your life? Many people regard vitamin C as a panacea for all diseases. Is vitamin C really so "divine"? Some people even think that even if you can’t cure the disease, it’s always harmless to supplement a little more vitamin C. Is this really the case?

　　Myth 1: Eating a lot of vitamin C can turn white.

　　Everyone has a love of beauty. As the saying goes, one white covers a hundred ugliness. No, because vitamin C has antioxidant effect, many beauty lovers regard it as a good whitening product and take it in large quantities. Some people think it has whitening effect, while others say it has little effect. What is the truth?

　　In this regard, Li Heng, director of the Dermatology Department of Hubei Provincial Hospital of Traditional Chinese Medicine, said in an interview with the Science and Technology Daily reporter that vitamin C, also known as ascorbic acid, has the nature of acid and strong reducibility, and is an antioxidant. As we know, the root of skin blackening is melanosis, and melanin is secreted by dopa. When dopa secretes melanin, dopa must be converted into baquinone, and the role of vitamin C can reduce baquinone into dopa and prevent the generation of melanin. According to this mechanism, vitamin C has whitening effect. In addition, because vitamin C has antioxidant effect, it can promote the formation of collagen, rejuvenate the skin, thus delaying the aging of the skin and indirectly whitening the skin.

　　"But it doesn’t mean that the more you eat, the better. It has dosage requirements. If you take a large amount of vitamin C for a long time, it will hurt your body, because vitamin C is acidic, making the urine acidic, and it is easy to form urinary calcium oxalate stones and kidney calculi in the body. " Li Heng stressed that at the same time, high-dose vitamin C can resist the anticoagulant effect of heparin and dicoumarin, leading to thrombosis, which makes patients with cardiovascular and cerebrovascular diseases more prone to cerebral infarction (stroke); Vitamin C and food containing vitamin B12 can be ingested at the same time, which can destroy a considerable amount of vitamin B12, and after a large amount of vitamin B12 is destroyed, people are prone to anemia.

　　Ruan Guangfeng, director of the Science and Technology Department of the Food and Nutrition Information Exchange Center, said that some people say that vitamin C has good antioxidant activity and can inhibit tyrosine from being activated, so that tyrosine will not become melanin and can play a whitening role. There is some truth in this statement, but there is actually no particularly sufficient evidence.

　　"However, vitamin C is the synthetic raw material of collagen that makes up the skin, which is good for the skin. Therefore, it can be considered that vitamin C supplementation may be beneficial to the skin, but the whitening effect may not be as effective as expected. " Yan Guangfeng said.

　　Myth 2: Oral ulcer and gingival bleeding are caused by lack of vitamin C.

　　In life, gum bleeding is almost encountered by everyone. In the case of fatigue and irregular life, gum bleeding often occurs when brushing your teeth. Some people think that bleeding gums are a sign of a lack of certain vitamins. Is it true or not?

　　On this issue, a dentist interviewed by a reporter from Science and Technology Daily said that although a long-term serious lack of vitamin C will indeed lead to gingival bleeding and redness (the "scurvy" that sailors suffered from in the past was the reason), unless they don’t eat foods containing vitamin C such as vegetables, fruits and milk for two or three months in a row, except for a few people who are caused by systemic diseases such as blood diseases, most gingival bleeding is the manifestation of gingivitis.

　　Vitamin C is an acidic organic substance with anti-bleeding effect. When the human body is seriously deficient in it, it will lead to gum bleeding. However, all gingival bleeding cannot be completely attributed to vitamin C deficiency. Modern medicine believes that recurrent oral ulcers are closely related to the immune system at first. Some patients show immune deficiency, while others show autoimmune reaction. Due to various factors, the normal immune system of human body produces immune response to its own tissue antigen, which causes the destruction of tissue and causes the disease. Furthermore, oral ulcer may be related to some diseases or symptoms, such as gastric ulcer and duodenal ulcer caused by digestive system diseases. In addition, anemia, partial eclipse, indigestion, mental stress and high work pressure often cause frequent attacks of oral ulcer.

　　Misunderstanding 3 lack of vitamin c fingers will grow barbed

　　In winter, some people are prone to grow barbs on their hands. Many people think that this is because of the lack of vitamin C. Just eat more fruits. Is this really the case?

　　"Finger barbs have nothing to do with vitamin C deficiency." Li Heng said that the long barbs of fingers are keratinized protrusions around nails, and many people will pull them off by themselves. After pulling them off, there will be keratin defects in some areas, accompanied by pain. The main reason for barbs is that the skin is dry, and the keratin skin will become warped when it is dry. At this time, barbs will be formed; Bad eating habits, malnutrition caused by trace element deficiency, picky eaters or partial eclipse are also easy to form barbs; Tearing is an irregular injury, and the incorrect tearing method will lead to local skin damage, but it is easier to form barbs.

　　It can be seen from the above that the formation of barbs is not closely related to vitamin C. Li Heng suggested that after the barb appears, it must not be pulled off, and it should be cut off regularly with nail clippers, which can reduce the damage to the skin. At the same time, attention should be paid to applying hand cream to moisturize the skin in time to keep the local skin moist.

　　Shu Chang, a resident of dermatology department of Peking Union Medical College Hospital, said that finger barbs are usually not related to vitamin deficiency, but are caused by physical friction or excessive hand washing. The finger barb is called perionychial barb, and the perionychial skin where the perionychial barb is located is slightly different from other skin of the hand. This part of the skin lacks hair follicles, dermatoglyphics and sebaceous glands, and is very thin, which often causes various inflammations, chemical stimuli and allergic reactions. The formation of perinail barbs is mainly due to the separation of cuticle because it is too dry. The stratum corneum is the surface layer of thin dead skin and the first barrier of the skin. There is a layer of sebum on the surface of the stratum corneum, which is a natural moisturizing agent, which can reduce the evaporation of water in the stratum corneum, ensure its proper water content, and make the stratum corneum closely adhere to the underlying skin.

　　The sebum on the skin surface is removed by soap, detergent or physical friction, which will lead to the loss of protection of the stratum corneum and the drying and peeling of the stratum corneum due to excessive evaporation of water. It can be seen that long barbs have nothing to do with vitamin C.

　　Myth 4: Synthetic vitamin C is not as good as natural vitamin C.

　　"It’s a three-point poison of medicine" and "synthetic is certainly not as good as natural". People who have bought vitamin C often hear such remarks, so they often spend a lot of money to buy "natural" vitamin C, and manufacturers produce vitamin C products with different flavors and claim that their effects are different. Is there really such a big gap between these products?

　　Indeed, when you go to the drugstore, you will find that the price of vitamin C ranges from several yuan to hundreds of yuan, and the styles are also varied, including effervescent tablets, chewable tablets and buccal tablets. In this regard, some experts pointed out that the hospital’s two dollars of vitamin C is generally pure vitamin C, which is purely from the perspective of supplementing vitamin C and is a medicine; Most of what pharmacies buy are health care products, which are different from medicines in terms of purification process and added auxiliary materials, which also leads to the price difference. But in the final analysis, under the premise of the same content of vitamin C, there is no difference in efficacy between medicinal vitamin C and health care product vitamin C.

　　"There is no obvious difference in vitamin C. Fresh fruits and vegetables contain a lot of vitamin C. There is no need to supplement them specially, and they don’t have to eat them every day. Eating too much is not good for the human body." Li Heng said. (Reporter Fu Lili)

"Ping An Beijing" reported on the 21st that in response to the media reports and the public’s concern about the "Park Stone Medical Laboratory", the Health and Health Department has revoked the Laboratory’s Practice License for Medical Institutions, and the market supervision department has filed a case for investigation. According to the clues of the case transferred by the Health and Health Department, the public security organ filed a case for investigation on suspicion of obstructing the prevention and treatment of infectious diseases, and took criminal compulsory measures against six people including Zhou Moumou (male, 38 years old) and Wu Moumou (male, 37 years old), the actual controller of the laboratory, and the case is under further work. For such illegal and criminal acts, the public security organs will, together with the health and market supervision departments, find out and investigate them together, and crack down severely, and will never be soft.

Previously, the website of Fangshan District Government of Beijing released a message that Beijing Pushi Medical Laboratory Co., Ltd. was revoked the Practice License of Medical Institution by Fangshan District Health and Wellness Committee because the original test data was obviously less than the number of samples tested.

The public notice of administrative punishment shows that the illegal fact is May 14, 2022. The supervisor found that the original test data of Beijing Pushi Medical Laboratory Co., Ltd. located at Room 315-323, Floor 3, Building 1, No.9 Guangyang Street, Fangshan District, Beijing was obviously less than the number of samples tested.

On May 9, Li Ang, deputy director and spokesperson of Beijing Municipal Health and Wellness Committee, informed at the press conference that during the recent flight supervision and inspection, some nucleic acid detection institutions found problems such as untimely inspection, inaccurate report and lax laboratory management, which seriously affected the quality of nucleic acid detection and the effect of epidemic prevention and control. In the list of qualified institutions audited by Covid-19 Nucleic Acid Detection Medical Laboratory in April 2022, Park Shi Medical is listed as one of the three nucleic acid institutions in Fangshan District.

In view of the existing problems, Beijing insists on problem-oriented, promptly investigates, corrects and rectifies them, and makes reforms and serious investigations, and mainly adopts four measures.

　First, according to the law and regulations, the involved nucleic acid testing institutions will be dealt with seriously. At the first time, we talked with the legal representative of the organization, demanding that in-depth inspection and analysis be carried out, and the causes of the problems should be carefully found to prevent systematic problems in quality control management; This institution is required to suspend its practice, stop undertaking the nucleic acid testing business in Covid-19, and handle it according to the law and regulations according to the further investigation. The second is to draw inferences and carry out supervision and inspection of nucleic acid testing institutions in the city. Recently, in-depth and comprehensive supervision and inspection have been carried out on nucleic acid testing institutions in the city, and a mechanism of "case must be investigated" for positive case samples has been established to find hidden dangers, plug loopholes, adhere to problem orientation, comprehensively sort out problems, and prevent similar incidents from happening. The third is to strengthen cooperation and form a joint force of safety and quality supervision. Strengthen industry management and communication and coordination, establish a joint supervision mechanism for nucleic acid inspection quality in conjunction with drug administration, public security and other departments, carry out the "bright sword" special governance action, further strengthen the quality supervision of Covid-19 nucleic acid testing laboratory, improve the workflow, and strengthen the process audit; Establish a regular supervision mechanism, conduct regular spot checks on personnel samples in key industries, conduct regular spot checks and cross-checks on samples submitted by key industries such as express delivery services, circulation management services and hotel services, and conduct regular special inspections and quality and safety spot checks on testing institutions. The fourth is to trace the whole process and establish a reward and punishment mechanism for quality evaluation. The whole process of suspicious cases and positive samples detection should be traced back, and the institutions with standardized nucleic acid detection and strict quality control should be notified and praised, and the task of nucleic acid detection should be tilted.Institutions whose nucleic acid detection quality does not meet the standard shall be investigated and dealt with in informed criticism according to the law and regulations.　

Li Ang said that the quality of nucleic acid detection is related to the overall situation of epidemic prevention and control. We will always adhere to the people first and life first, strictly control the quality of nucleic acid detection, strictly observe the bottom line of epidemic prevention work, and make every effort to protect people’s health and life safety.

The battlefield between Russia and Ukraine continued. On August 3, local time, the Ukrainian side said that Russia had begun to form a military strike force against Zelensky’s hometown. At the same time, although the Ukrainian side has dismantled a Russian ammunition railway connecting Hellson and Crimea, effectively blocking some Russian military supplies, the refugee problem in that country has shown signs of deterioration since the outbreak of the conflict.

Outside the battlefield, the tension between Russia and Europe has not eased. Switzerland, a "neutral country", announced the adoption of the seventh round of sanctions against Russia, including strict restrictions on gold trading. The Russian side used the maintenance and formalities of the "Beixi -1" turbine to reduce the supply of natural gas to Europe, while Germany claimed that it had not created any transportation obstacles and accused Russia of deliberately delaying gas transmission.

In addition, the Ukrainian grain carrier, which set sail on August 1, local time, has arrived in Istanbul, Turkey and passed the inspection, ready to go to Lebanon.

Russian troops from the eastern line to the southern line, ready to attack Zelensky’s hometown.

On August 3rd, local time, the Ukrainian side said that Russia had begun to form a military strike force against Zelensky’s hometown.

The Ukrainian military said that Russia’s move was aimed at occupying Zelensky’s hometown of Krivorog, and warned that Russia might be preparing to launch a new offensive in southern Ukraine. In the regular updates on the war dynamics, the Ukrainian Southern Military Command said that the current situation is tense, and that Russia launched an attack on the southern front line on August 2, local time. It is very likely that Russian troops are preparing a counterattack and then plan to enter Hellson. According to Reuters, Ukraine has said that its troops have recaptured 53 villages in Russian-occupied Hellson.

Krivorog is located in central Ukraine, the eighth largest city in Ukraine, about 48 kilometers away from the southern front. Before the outbreak of the Russian-Ukrainian conflict, the population of the city was estimated to exceed 600,000.

Ukraine has dismantled a railway used by Russia to transport ammunition in the south.

The British Ministry of Defence said in its daily briefing on August 3rd that the Ukrainian army had dismantled a Russian ammunition railway connecting Hellson and Crimea, and further blocked the Russian supply line.

The briefing said that the Russian army may be able to repair this logistics line connecting the southern Russian army, but pointed out that the line "is still a loophole." The paralyzed railway will also put pressure on Russian transport nodes and routes, which may lead to the Russian side slowing down its actions.

On August 2, 2022, in Pokrovsk, Donetsk region, on the evacuation train, a little girl held her dog and waved goodbye to her grandparents. The government issued an order asking residents to leave the Donetsk region because they are preparing for autumn and winter, and they are worried that many people there may not have heating, electricity or even clean water. People’s visual map

The British Ministry of Defence also said that as the situation continues to be tense and the food shortage worsens, the number of Ukrainian civilians trying to flee Hellson and its surrounding areas may increase. According to data collected by UNHCR, 6,180,345 refugees from Ukraine have been registered. The largest number of refugees went to neighboring countries of Ukraine, with 1.25 million Ukrainian refugees in Poland alone. According to the United Nations, since the conflict between Russia and Ukraine broke out on February 24 this year, the number of people entering and leaving Ukraine has exceeded 10 million.

The fighting in Kharkov in northeastern Ukraine is still going on.

According to Al Jazeera’s report on August 3rd, Oleg Sneger Wooper, governor of Kharkov, Ukraine, said that Russian troops attacked several locations in the northeast of the state at night. He said on the social platform Telegram: "Residential and commercial buildings have been damaged, and no victims have been found in this attack." He added that Russian soldiers tried to advance in Dementi and Kochubeivka, which border Russia, but they were repelled by Ukrainian troops.

According to Reuters, Russia has carried out fatal attacks on Ukraine in the eastern part of Kharkov and nikolayev, but the report said that it is not yet possible to verify the battlefield situation.

The first Ukrainian grain carrier arrived in the soil and passed the inspection since the conflict.

According to an agreement brokered by Turkey and the United Nations, the first ship "Lazzoni" carrying Ukrainian grain left Odessa, Ukraine, for Tripoli, Lebanon at around 9: 15 local time on August 1st. The agreement aims to transport millions of tons of trapped agricultural products to the world market and alleviate the growing global food crisis.

On August 3, 2022, in Istanbul, Turkey, the grain carrier "Lazzoni" sailed along the Bosphorus Strait to Tripoli. Vision china diagram

On August 3, local time, the first Ukrainian grain carrier moored at the mouth of Bosphorus Strait was inspected by 20 representatives from Russia, Ukraine, Turkey and the United Nations from the Joint Coordination Center. The security check lasted about an hour and a half. Later, the Turkish Ministry of Defence said that the joint coordination center had passed the safety inspection of the first Ukrainian grain carrier, which was about to sail into the Bosphorus Strait and headed for Lebanon.

Ukraine and Russia are the main producing areas of wheat, barley, corn and sunflower oil in the world, and the fertile Black Sea region has long been called the granary of Europe. The detention of food transportation caused by the conflict between Russia and Ukraine has aggravated the rise of global food prices and threatened hunger and political instability in third world countries. According to the previous agreement, ships entering and leaving Ukrainian ports will be inspected to ensure that the ships entering the port are not carrying weapons, and the ships leaving the port only carry grain, fertilizer or related foods, not any other commodities.

Switzerland passed the seventh round of sanctions against Russia, including the gold embargo.

On August 3, Switzerland adopted the seventh round of sanctions against Russia, which included a ban on the import of gold and gold products.

Swiss federal council said that according to the latest EU sanctions policy on Russian gold and gold products, Switzerland will also impose further sanctions on Russia. The Swiss government also said that in order to avoid any interruption of payment channels, they have provided two exception policies for transactions related to agricultural products and oil supply between Russia and third countries.

Shortly after the adoption of sanctions, the Swiss People’s Party issued a statement saying that sanctions against Russia violated the Swiss Constitution. Andrea Sommer, spokesman for the Swiss People’s Party, the largest party in the Swiss Federal Parliament, told Sputnik news agency & radio that the imposition of sanctions violated Switzerland’s neutrality and therefore its Constitution. The Constitution emphasizes that Switzerland is neutral and "we oppose sanctions".

Germany is eager to return the "Beixi -1" turbine, while Russia claims that the procedures are not complete.

On August 3rd, German Chancellor Angela Scholz said at a news conference that the "Beixi -1" turbine was shipped to Germany after its maintenance in Canada, and the German side did not create any obstacles. Peskov, a spokesman for the Kremlin of the Russian Presidential Palace, responded that Russia needs documents to prove that the turbine is not subject to Western sanctions. Wolfgang Buechner, deputy spokesman of the German government, later refuted peskov’s statement, saying that the transportation of turbines did not need such "sanctions exemption" documents.

On August 3, 2022, in Milheim, Germany, German Chancellor Olaf Scholz (right) and Siemens Energy CEO Christian bruch stood in front of the turbine to be used in the Russian Nord Stream-1 natural gas pipeline in Siemens Energy Company. People’s visual map

Gazprom recently said that the natural gas supplied to Germany through the "Beixi -1" pipeline will be reduced to 20% of the gas transmission capacity from July 27, which further reduced the natural gas supply to Europe. As soon as the news was announced on the 26th, the price of natural gas in Europe jumped to five times that of a year ago. According to the company, the transportation delay of the "Beixi -1" turbine is one of the reasons for the reduction of natural gas supply.