Tianjin Bangyu International Trading Co., Ltd. promises to refuse false quotation, and all the models sold in our store are regular brand-new imported commercial cars without any changes.

There is absolutely no additional fee for the vehicles sold. On the day of car purchase, the company can issue all vehicle procedures to ensure that foreign customers return to the local area to settle down and get a license, and the national car purchase can be paid in installments. For more information, please call Manager Shi at 13212262918 "With WeChat".

My price is not necessarily the lowest in Tianjin Port, but what I can guarantee is that the car I bought here has absolutely no worries.

2024 Dodge Hellcat widebody wide-body version of Laguna advanced leather interior package: Laguna advanced leather seat with Hellcat LOGO front seat heating/ Ventilation steering wheel heating electric steering wheel steering column advanced stitching instrument panel driver’s seat and rearview mirror memory 8.4-inch screen with navigation and carplay function Harman Kardon audio package: 18-speaker LOGIC7 GreenEdge power amplifier trunk subwoofer system driver’s convenience package: blind spot monitoring with cross traffic assistance with heated exterior rearview mirror HID headlight electric rearview mirror. Adjustment, manual folding SRT PLUS bag: seat SRT blackened bag with "engine corner style" design: two-piece Hellcat grille badge black shiny metal appearance badge frosted gray "dodge" taillight badge advanced technology package: ACC adaptive cruise automatic high beam headlight forward collision warning rain sensor wiper single choice configuration: Pirelli P ZERO summer tire SRT performance version tail red seat belt

For specific vehicle details, please call Manager Shi at 132-1226-2918 with WeChat.

The 2024 Dodge Challenger has an aggressive front face, the taillights are concave in a row, and the double exhaust and generous tail have a British symmetrical retro beauty. Dodge Challenger, as the most exciting one in the Challenger series, is undoubtedly the most individual. The internal configuration of the undergraduate model is particularly complete, and the workmanship and materials are very careful. Most areas in the car are wrapped in leather, and the multi-function steering wheel, large-size color information screen, Bluetooth phone, navigation, and dual-zone automatic air conditioning should be all in the area.

For specific vehicle details, please call Manager Shi at 132-1226-2918 with WeChat.

The 2024 Dodge Challenger adopts the latest design concept of the Dodge family, and its overall shape is more sporty. The instrument panel adopts the combination design of double instrument panels and LCD screen, and the center console adopts split type with a central LCD screen. It has a sporty atmosphere, including a bottom steering wheel, sports seats, carbon fiber-like interior parts and aluminum alloy decorative panels. For specific vehicle details, please call Manager Shi at 132-1226-2918 "With WeChat". As an American muscle model, Dodge Challenger needs to be sloppy and rough to be more American. There is such a car, when you first see it, your heart is a little throbbing, and at the same time, you are more appreciative. Most friends who have feelings for the American muscle car will love it, even regard it as a treasure, and it is the Dodge Challenger.

For specific vehicle details, please call Manager Shi at 132-1226-2918 with WeChat.

In terms of power transmission of the 2024 Dodge Challenger, Dodge provided the new car with an eight-speed automatic transmission. In terms of suspension, keeping the side up is an independent suspension with a five-bar linkage at the back. In order to help reduce the image of a straight-line hero, Challenger also provides various performance suspension and braking components with excellent functions, including Bilstein impact, lower driving height and new steering adjustment.

For specific vehicle details, please call Manager Shi at 132-1226-2918 with WeChat.

The new 2024 Dodge Challenger car will be equipped with three engines, including a 3.6V6 engine, a 6.2HEMI V8 engine and a 6.4LHEMI engine. The maximum power of the engine is 492 HP, and the peak torque is 637 Nm. The acceleration time of 0-96km/h will be within 4 seconds. Matching will be 6-speed manual and 8-speed automatic gearbox. Generally speaking, the extraordinary performance of this car is loved by many fans and friends, and it is also the best performance of this car.

For specific vehicle details, please call Manager Shi at 132-1226-2918 with WeChat.

Tianjin Bangyu Automobile International Trading Co., Ltd. is a company that sells Mercedes-Benz, BMW, Porsche, Land Rover, Audi,

BENTLEY, Maserati, TOYOTA, Lexus and other luxury car brands and high-end car companies, 13212262918 (same as WeChat)

Manager Shi’s WeChat circle of friends updates a large number of parallel imported cars, configurations, quotations and pictures every day. If you have any questions about buying a car, Tianjin parallel imported car monopoly, I will answer them for you as soon as possible.

Our advantages: vehicles can enjoy national warranty, warranty, replacement and return. We have many years of successful experience in customer service and provide you with the best solution that suits you. Commitment: The vehicles sold in our store are brand new and unchanged.

Formal procedures, we don’t do the lowest price in the market, there is no guarantee if it is low, and we don’t do the highest price. If it is high, we have no feelings. We only earn what we should earn, pay what we should, do things seriously, and win-win cooperation. We can’t guarantee that you will spend the least money.

I can guarantee that you will save the greatest heart and get a win-win situation of quality, efficiency, interests and look forward to the cooperation of every new and old customer! Serve with your heart and pass on trust! I am willing to cooperate with you for a long time.

Company name: Tianjin Bangyu Automobile Co., Ltd.

For more details of vehicle configuration quotation, please call the following number: 13212262918 Manager Shi (telephone number is the same as WeChat).

Address: No.288 Jingmen Avenue, Bonded Zone, Binhai New Area, Tianjin

　　On July 11th, 64-year-old Wu Shuilin, former chairman of Huzhou CPPCC, Zhejiang Province, was sentenced to seven years’ imprisonment for accepting bribes. At the scene of the trial, a man in his thirties and forties sat in the gallery. Before the indictment of the prosecutor was read out, he quickly walked out of the court and went to the corridor to hide his face and sob. The man is Wu Shuilin’s son Wu Mou.

　　Wu Shuilin, former chairman of Huzhou CPPCC, Zhejiang Province (data map)

　　According to "China Discipline Inspection and Supervision", most of Wu Shuilin’s serious violations of discipline and law occurred after he was 50 years old, and more than half of his violations of discipline and law were directly related to his son: as early as 2004, Wu Shuilin borrowed 500,000 yuan from his boss Tang Moumou to do business for Wu Mou, and it was not returned until the provincial party inspection team asked about it ten years later; In 2007, he accepted the boss Lou Moumou to provide 2 million yuan for Wu Mou’s company in the form of "investment". From 2006 to 2018, Wu Mou received more than 640,000 yuan in "empty salary" in Lou Moumou’s company; In 2010, he also "borrowed" HK$ 1 million from his boss Ding Moumou for Wu Mou to speculate in Hong Kong stocks … …

　　"I paid little attention to my son because of my work in the first half of my life, and I basically didn’t have time to accompany him." Based on this kind of psychological compensation, when his son came back from studying abroad in 2001 and was frustrated in starting a business in Hangzhou, Wu Shuilin decided to do his best to "be a father" and make up for the debt owed to his son in the past few decades.

　　The court found through trial that from 2006 to October 2018, the defendant Wu Shuilin took advantage of his position as secretary of the Party Committee of Huzhou Economic and Technological Development Zone, member of the Standing Committee of Huzhou Municipal Committee, executive deputy mayor, secretary of the Political and Legal Committee of the Municipal Committee, and chairman of the CPPCC, and gave property to relevant units and individuals in the form of payments and loans on behalf of enterprises, totaling RMB 5,142,781.

　　According to public information, Wu Shuilin, male, from Huzhou, Zhejiang Province, was born in October 1955, joined the work in November 1975, and taught at Zhacun Middle School in Xing Wu County, Huzhou for 5 years; Since 1985, he has embarked on his official career. He served as member of the Standing Committee of Huzhou Municipal Committee, deputy mayor, chairman of Huzhou CPPCC, and deputy director of the Economic Committee of Zhejiang CPPCC. Retired in October 2018; Fall in the month of retirement; In February this year, Wu Shuilin was expelled from the Party. It is worth noting that the Supervision Committee of the Zhejiang Provincial Commission for Discipline Inspection used three "nothing" in its briefing: no party spirit principle, no bottom line consciousness and no sense of shame.

　　From a rural teacher to a cadre at the official level, why did Wu Shuilin fall to such a level? One of the reasons, as Wu Shuilin himself said, "After half a century, I miss myself and my children more, and I have developed from selfishness to taking advantage of discipline and power".

　

　　Li Xinghua, former director of the Guangdong Provincial Department of Science and Technology (data map)

　　It is understandable that officials love their children, but they can’t tolerate it because of their corruption. In recent years, many cadres who have fallen off the horse have used their power to "open the way" and "lay the foundation stone" for their children.

　　Zhang Jiuzhen, the former director of Mentougou District Tourism Bureau in Beijing, repeatedly took the borrowed 4.7 million yuan as his own in the name of solving the funding gap of the District Tourism Bureau and bought a house for his daughter studying in Canada.

　　Li Xinghua, the former director of Guangdong Science and Technology Department, was accused of taking bribes of more than 40 million yuan, of which 18.4 million yuan was used to pay off his son’s gambling debts. He also wrote a confession poem: "The son’s debt father was also double-checked, and his fame and fortune were floating in the clouds. It is even more priceless to lose your freedom, and you only want to return to the prodigal son. "

　　The "grand goal" of Ye Shuyang, the former director of Shaoguan Public Security Bureau in Guangdong Province, is to give 20 million to his son and 20 million to his daughter and son-in-law;

　　Cheng Maohong, the former party secretary and director of the Standing Committee of the People’s Congress of jiande city, Zhejiang Province, hoped that his son would be a civil servant, and he could "help him get on the horse and give him a ride". He also tried his best to instill his values in his son and took him to visit business owners. The money from corruption and bribery was also transferred to his son’s financial account after several turns.

　　… …

　　It is human nature to hope that one’s son will become a dragon and that one’s daughter will become a phoenix. However, a few spoiled children have become a "catalyst" for official corruption, and corruption for children has also become the main reason for the corruption of cadres. Is it true love to cash in your children’s future with power? People’s Daily once commented that life’s tempering and difficult tests are the best teachers for children’s growth. If parents devote themselves to paving the way for their children, or even take bribes and pervert the law for them, the result is likely to be that they take ill-gotten gains for granted, take power for personal gain as a common practice, and finally slide into the bottomless abyss.

　　So, how should leading cadres love their children? Yang Jianhua, director of the Institute of Public Policy of Zhejiang Academy of Social Sciences, believes that leading cadres must always be self-disciplined, and when helping their children plan their future, they should establish the values of realizing their dreams through personal efforts. At the same time, the society should strengthen supervision, let power run in the sun and be locked in the cage of the system, and safeguard social fairness and justice.

　　Love your son earnestly, but you should take money wisely, and no reason can be an excuse for corruption. Power, seemingly glamorous, actually hides dangers and dangers. It can make a person and destroy a family, and the lesson is profound. The ability of leading cadres is of course important, and the principle of dealing with people and the values of distinguishing between public and private are the foundation of their foundation.

In the first batch of power exchange stations set up in Xiamen, Contemporary Amperex Technology Co., Limited, vehicles equipped with standardized batteries are undergoing power exchange demonstration.

Contemporary Amperex Technology Co., Limited has set up an electric heavy truck power station in Ningde area.

　　On the 18th, Contemporary Amperex Technology Co., Limited put the first batch of power exchange stations into operation in Xiamen, which was the first time that Contemporary Amperex Technology Co., Limited launched the power exchange brand "EVOGO" at the beginning of the year.

　　Power exchange is not a new concept, but for many years, the power exchange industry has never become the "mainstream" of new energy vehicles, and only a few car companies such as Weilai have changed power stations in scale. This time, Contemporary Amperex Technology Co., Limited, as the leading power battery, entered the market, can it make the power exchange market stir up waves?

　　Industry leaders are heavily "spoiled"

　　On January 18th, at the online press conference held in Contemporary Amperex Technology Co., Limited, Chairman Zeng Yuqun sat in the car and took out a piece of chocolate and said to the camera, "Want one?" It was at this conference that Contemporary Amperex Technology Co., Limited released the mass-produced "chocolate battery" specially developed to realize the power exchange mode, and entered the power exchange market.

　　After 90 days, the first batch of four EVOGO power stations were started in Xiamen.

　　According to Chen Weifeng, general manager of Times Electric Service, the first batch of power exchange stations are located in Siming District, Huli District and Haicang District of Xiamen, and a single standard station covers an area of about 42 square meters (about 3 parking spaces).

　　"Users only need to download EVOGOApp in the mobile phone application market, after completing the information entry, drive the vehicle into the quick change station, and click’ one-button power change’ on the mobile phone application end. The quick change station will disassemble and install batteries one by one to provide users with power change services. The battery that needs to be replaced in each car is composed of chocolate replacement blocks with different capacities and quantities, and the replacement time of a single chocolate replacement block is about 1 minute. " According to reports, at present, the lowest monthly rent of chocolate battery replacement blocks is 399 yuan/block, and the rental price will be dynamically adjusted according to the different usage conditions of users.

　　According to the reporter’s understanding, the registration place of Times Electric Service is in Xiamen. By the end of this year, Contemporary Amperex Technology Co., Limited plans to set up about 30 power exchange stations in Xiamen, and one power exchange station will be set up within every 3 km service radius on the island.

　　In recent years, with the new energy industry getting better and better, the penetration rate of new energy is gradually rising, and the discussion on the topic of power exchange is getting hotter and hotter. It is generally believed in the industry that Contemporary Amperex Technology Co., Limited’s entry has made the track of power exchange more lively.

　　As a matter of fact, Contemporary Amperex Technology Co., Limited was not the first to lay out power stations in our province.

　　A few days ago, the reporter saw at Weilai Power Station in Yue Feng New Town, Fuzhou that the owner Chen Xiaodi was changing the electricity for his car.

　　I saw that he parked his car at the designated position of the power exchange station, and after one-click operation on the car, the vehicle automatically parked in the power exchange platform. "It only takes a few minutes to change the power, and you don’t have to get off the bus." Mr. Chen told reporters that his home is nearby and there is no charging pile installed in the community. "Car companies promise to change electricity six times a month for free, which can fully meet the daily commuting needs."

　　It is understood that Weilai began to operate the power exchange station in Fujian as early as 2018. Up to now, it has laid out a total of 24 power exchange stations in Fujian. Among them, Yue Feng Xincheng Power Station in Fuzhou is its second generation station, occupying only about 4 parking spaces, with 13 batteries in reserve. The whole process is intelligent and the service capacity is greatly improved.

　　"From the data point of view, more and more car owners have chosen the power exchange service. At present, the power exchange penetration rate of Weilai car owners in the province is close to 78%. " Guo Shuzhen, general manager of Weilai Fuzhou Regional Company, said that power exchange has become the most popular choice for users to travel, and they will choose power exchange service for urban driving and long-distance driving.

　　Weilai recently announced that it will increase the layout of power stations, and plans to build more than 1,300 power stations this year. Previously, it had built 902 power stations nationwide.

　　Leading the era of "separation of vehicles and electricity"

　　"The power exchange mode first appeared, and the biggest pain point to be solved was the slow energy replenishment. This is also the original intention of Weilai to lay out the power exchange system. " Guo Shuzhen said.

　　According to Chen Weifeng, the first batch of power exchange stations put into operation by EVOGO are mainly for the network car market, and will be extended to private cars in the future. Targeting the first show at a specific scene is obviously a market behavior that directly hits the pain point.

　　At present, the fastest charging time for new energy vehicles on the market is more than half an hour, while the time for changing electricity is close to or even faster than that for refueling.

　　In the eyes of the industry, the promotion of power exchange mode is far more than solving the problem of speeding up energy supply.

　　"We are firmly committed to the construction of power exchange network, and increase the layout of battery rental services, battery health monitoring, and flexible battery upgrades derived from power exchange. The purpose is to let car owners completely get rid of concerns such as inconvenient recharge, battery attenuation, and battery technology iteration, and regard it as an important part of future brand competitiveness." Guo Shuzhen said.

　　Obviously, "fast" is an important value of power exchange, but it is not all.

　　According to Tang Jie, an associate professor at the School of Economics of Fujian Normal University, "separation of vehicles and electricity" will enable power battery manufacturers to face consumers directly, thus generating a brand-new industry ecology.

　　Tang Jie believes that new energy vehicle owners have a potential anxiety besides mileage anxiety, that is, "battery life anxiety". "The power exchange service realizes the centralized storage, unified charging and discharging, standardized maintenance and assembly of the battery by changing the power station. In this process, the operator can professionally monitor, maintain, repair, upgrade and even recycle the battery, thus greatly reducing the cost of the battery life cycle." Tang Jie said.

　　On the other hand, with the popularization of power exchange mode, new business models will emerge. "If the power exchange industry grows to a large scale, the business model of buying a car and renting a battery will bring huge market opportunities." Tang Jie said, "In the era when subsidies for new energy vehicles are gradually declining, this new model will also reduce the cost of car owners and save the cost of battery maintenance and replacement in the later period."

　　This is also confirmed by the Notice on Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles issued by the State on April 23, 2020. The notice clearly stated that vehicles in the power exchange mode are not subject to the subsidy threshold of 300,000 yuan. The FAW-Pentium NAT battery-changing model, which was launched in Xiamen together with the Contemporary Amperex Technology Co., Limited battery-changing service, is about 80,000 yuan cheaper than the original model under the battery lease mode.

　　The relevant person in charge of Fujian Branch of State Grid Electric Vehicle Service Co., Ltd. believes that the mode of intensive management of changing power stations has less impact on the instantaneous power of the power grid; At the same time, thanks to the energy storage characteristics of the battery itself, the power exchange station may also become a temporary energy storage station to realize peak load shedding and valley filling and feed back the power grid.

　　Happy to see industry-level scale.

　　Over the years, power exchange has never formed an industry-level scale. People in the industry generally believe that high construction cost and difficulty in standardization are obvious obstacles.

　　The reporter learned in the interview that the power exchange mode is "asset-heavy mode", and the equipment cost of a single power exchange station is more than 2 million yuan, which does not include the cost of batteries, land lease and personnel. Therefore, for existing OEMs, only a few enterprises can support such investment.

　　On the other hand, it is generally believed in the industry that the power exchange mode can be profitable only if it is large-scale, which means that it is necessary to get through the battery standards between different brands of new energy vehicles. And many OEMs are reluctant to hand over the right to speak as a core component of the battery.

　　"And this is the significance of Contemporary Amperex Technology Co., Limited entering this track as a battery supplier." A related person from the Provincial Department of Industry and Information Technology told reporters.

　　According to the data provided by China Automotive Power Battery Industry Innovation Alliance, in 2021, the loading capacity of power batteries in China totaled 154．5GWh, up 142.8% year-on-year. Among them, the installed capacity of Contemporary Amperex Technology Co., Limited is 80．51GWh, with a market share of 52.1%.

　　According to the insiders, Contemporary Amperex Technology Co., Limited is the battery supplier of most domestic new energy car companies except a few car companies with self-sufficient batteries, and it has inherent advantages for Contemporary Amperex Technology Co., Limited to promote the standardization of battery replacement.

　　According to Chen Weifeng, the power exchange system introduced by EVOGO in Contemporary Amperex Technology Co., Limited is suitable for most car companies. Its core product-chocolate battery changer can adapt to 80% of the new models that have been listed and will be listed in the next three years. The models span from A00 to B and C passenger cars and logistics vehicles, breaking through the adaptation barriers between batteries and models, and have now achieved mass production.

　　"At present, the chocolate power exchange block has been applied to the combined power exchange version of FAW Pentium NAT. In addition, it has reached cooperation with many car companies, and relevant progress will be released in due course." In Chen Weifeng’s view, EVOGO has a win-win relationship with the vehicle OEMs that provide power exchange services in the market, and jointly make the power exchange service market bigger.

　　As for the cost of building a station, the plan given by Times Electric Service is to join hands and cooperate. For example, partners who have the site and power resources needed for the operation of the power exchange station can cooperate with Times Electric Service in the operation of power exchange through joint ventures, franchises and other modes. For vehicle partners who have experience in vehicle operation and management and purchase more than 100 vehicles at a time, Times Electric Service will provide them with battery leasing and energy replenishment solutions to achieve mutual benefit and win-win results.

　　As for the entry of Contemporary Amperex Technology Co., Limited and the announcement of relevant development routes, OEMs including Weilai are also happy to see it.

　　Guo Shurui said that Wei Lai and Contemporary Amperex Technology Co., Limited are both shareholders of Wuhan Weineng, a battery asset company, and they have close cooperation. "At present, the most important competition is the competition between new energy vehicles as a whole and fuel vehicles, so all innovations and business models that are conducive to the convenience of new energy owners and convenient travel are good news for all electric vehicle brands."

　　"If Contemporary Amperex Technology Co., Limited wants to truly turn electricity exchange into an industry, it must stand the market test in terms of coverage of power exchange stations and real efficiency of electricity exchange. At the same time, it also needs to cooperate with more head car companies. This is a step-by-step process." Tang Jie said. (Reporter Lin Yuwen/map)

CCTV News:The Asian Games in Hangzhou is not only a sports feast, but also a platform for cultural exchange, providing athletes and spectators from all over the world with an opportunity to understand the culture of Hangzhou and China. Besides sports competitions, friendship and unity are also displayed here. Members of delegations from different countries and regions mentioned that it was a good experience to participate in the Hangzhou Asian Games.

Farah Hani Yimulan, Deputy Head of Delegation of the Malaysian Olympic Committee:You have created a great place for all the delegations coming to Hangzhou, with great facilities, and you are one of the representatives of China. In the volunteer hut of the Asian Games Village, there are many impressive cultural experience activities, such as calligraphy and making (handmade) lotus flowers, which is great. The Asian Games has brought us friendship and unity to push forward Asia. Everyone wants to be stronger, but "a single thread doesn’t make a line, a single tree doesn’t make a forest". We saw friends in China, and we want to have a bright future! Heart to heart, love the future!　

Huang Guorong, Deputy Head of the Vietnamese Olympic Committee Delegation:I studied in China 20 years ago and studied Chinese at Wuhan Institute of Physical Education in China. Every year, teams come to China for training, especially in martial arts, wrestling, boxing and fencing. It can be said that China sports have gold medals in the world, in Asia and in the Olympics, so we come here, hoping to communicate with high-level athletes in China and learn to improve their level.

Arslan Gaipnazarov, an athlete of Turkmenistan Olympic Committee:I took part in swimming competitions, and of course I came here to get good grades and win medals, preferably gold medals. I got a lot of China badges, Vietnamese badges and Hangzhou badges here, beautiful badges, and met many new friends and volunteer friends from other countries. It’s really great.

Qatar squash player Abdullah Al Tamimi:I am a squash player. I have been waiting for the Asian Games for a long time. I am really looking forward to it. I am fully prepared to win medals for my country. I like the people here. They are very nice and always smile.

Officials of the Sri Lankan delegation:All our countries are together in the Asian Games, which is a platform to show sportsmanship, and we are very happy to participate. The facilities here are very good. Our country, Sri Lanka, has excellent athletes, especially in wrestling, judo, karate and track and field, so we hope Sri Lanka can win many medals.

　　May 5th of every year is World Hand Hygiene Day. A simple and effective "prescription for disease prevention" in our life lies in our hands, that is, hand hygiene. Did you do the ordinary little thing of washing your hands right? Come and learn the correct way to wash your hands.

　　Why hand hygiene?

　　Hand hygiene is a general term for hand washing, sanitary hand disinfection and surgical hand disinfection. In daily life, people’s hands are in direct and frequent contact with objects, and the skin of their hands is easy to carry various microorganisms such as bacteria and viruses.

　　Hand hygiene is also an important means of hospital infection control. In medical practice:

　　Hand is the main route of pathogen transmission in medical practice;

　　Maintaining hand hygiene is an important measure to avoid the spread of germs and prevent iatrogenic infection.

　　Therefore, it is very important to pay attention to hand cleaning and care for family health.

　　How to wash your hands correctly?

　　In daily life,

　　Hand washing is to prevent infectious diseases.

　　And maintain one’s health.

　　One of the most convenient and efficient methods.

　　How to wash your hands to effectively reduce bacteria?

　　Remember the "seven-step washing method".

　　(Source: China CDC News)

　　There are also misunderstandings about hand hygiene?

　　Beware of "the more you wash, the dirtier you get"

　　Myth 1: only use "water washing"

　　Only washing with running water without using hand sanitizer or soap can not effectively remove the dirt on the hands, and a large number of pathogens still remain on the hands.

　　In addition, soap should be kept dry during use, and the soap box should be cleaned in time. If the bottom of the box can’t be kept dry, bacteria will also breed in wet environment.

　　Myth 2: Wear gloves instead of hand hygiene.

　　Remember that "wearing gloves" can’t replace hand hygiene, and should be cleaned in time after taking off gloves. Gloves are highly sealed, and after wearing them for a period of time, a certain amount of sweat and microorganisms will grow on your hands more or less.

　　Myth 3: Insufficient time to wash your hands.

　　Wash your hands with running water, and the rubbing time should be sufficient. If the time is too short, you can’t effectively remove hand pollutants.

　　Myth 4: Sharing dry hand towels

　　After washing your hands, dry them naturally or dry them with disposable paper towels. It is best not to use towels, because towels are easy to hide germs, and it is easy for washed hands to be contaminated with germs again, not to use public towels.

　　How to keep your hands clean in life?

　　Wash your hands after drying clothes. In the process of drying clothes, your hands may be stained with bacteria left in clothes and washing machines.

　　Wash your hands when you go home. When going out, hands will inevitably come into contact with some public facilities, such as door handles, elevator handrails, straight elevator buttons and so on.

　　Wash your hands after changing clothes for patients or after handling contaminated items.

　　Wash your hands after touching banknotes and deposit and withdrawal machines.

　　⑤ Wash your hands after using computers and mobile phones. These common items are easily overlooked.

　　6. Wash your hands after touching body secretions. For example, after sneezing, coughing or wiping your nose with your hand over your nose and mouth.

　　Wash your hands after touching pets or poultry.

　　Wash your hands after going to the hospital.

　　"Hands" protect health

　　Start with you and me.

　　(CCTV news comprehensive science popularization China, China disease control dynamics, etc.)

　　Producer: Lu Yi

　　Producer Zheng Hong Wenya

　　These days, with the arrival of cold air, people living in the north have been rummaging around for long pants. At the same time, online rumors about "cold winter" have gradually increased, and even there is a saying that "2018 is a cold winter, and from now on until 2025, the temperature will be colder every year". "This kind of rumor is outrageous and absurd. It is purely to attract public attention and create public panic." On October 16th, the National Climate Center responded.

　　Climate prediction is a highly professional and scientific research-oriented business, which requires a large number of climate observation data as the basis, high-resolution numerical prediction products as the support, dynamic and statistical diagnosis and analysis, in order to draw scientific conclusions carefully. Every year in late October, the National Climate Center organizes climate experts from national scientific research institutes and business units to conduct scientific consultation and judgment on the climate situation in winter and issue official forecasts. About 2018— The winter climate trend in 2019, the National Climate Center’s recent preliminary forecast: It is expected that the temperature in most parts of China will be high in winter, and it is unlikely that there will be a cold winter.

　　The main reasons are as follows: First, since June 2018, the sea surface temperature in the equatorial Middle East Pacific has turned warmer and has been developing and strengthening, and this warming will continue to develop and will be in 2018— An El Ni? o event was formed in the winter of 2019. When the El Ni? o event occurred, the winter monsoon intensity in East Asia was weak, and the temperature in China was generally high. Second, the winter temperature in China is affected by the synergistic effect of the circulation systems of the East Asian winter monsoon. Consistent prediction of climate models at home and abroad, 2018— In the winter of 2019, the general atmospheric circulation in Europe and Asia is mainly zonal, which is not conducive to the frequent activities of cold air and is conducive to a wide range of warmer temperatures in China. And with the approaching of the forecast time limit, the forecast results of each model are revised to a warmer trend in a wide range than before.

　　As the official department of climate monitoring, forecasting and assessment services, the National Climate Center has been closely monitoring the evolution of the climate system, including the impact of the evolution of the underlying surface such as ocean, ice and snow and the atmospheric circulation system on the climate, as well as the forecast and update of the dynamic climate model, and releasing the latest forecast products in time.

　　It is precisely because of the complexity and scientificity of climate prediction that the Meteorological Law of People’s Republic of China (PRC) clearly stipulates that the competent meteorological departments at all levels shall, in accordance with their duties, issue public meteorological forecasts and severe weather warnings to the society, and supplement or revise them in time according to the weather changes. No other organization or individual may issue public meteorological forecasts and severe weather warnings to the society. National Climate Center of China Meteorological Bureau is the only official department that issues short-term climate prediction products in China. (Reporter Fu Lili)

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."

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."

　　With the in-depth development of new technologies such as artificial intelligence, big data, cloud computing and blockchain, new network security challenges and risks are inevitably emerging. How to deal with the new challenges of network security in the digital age? Experts and scholars gave some suggestions and ideas at the Shanghai main forum of the 2023 National Cyber Security Publicity Week held today (11th).

　　Data security is very important to deal with the new risks of big model.

　　Chai Hongfeng, academician of China Academy of Engineering and dean of the Institute of Financial Science and Technology of Fudan University, made suggestions on the safety and ethical issues of financial data and vertical model. "Regulators should strengthen the review and risk assessment of financial macro models, and establish a review and testing mechanism for key people and systems to ensure their performance and security." He said that in order to ensure that the application of large-scale models in the financial field meets the requirements of laws and ethics, relevant policies and guidelines should be formulated through the cooperation between the government and Industry-University-Research; For the deployment and use of the financial macro-model, we need a mechanism to improve transparency, ensure data quality and interpretability, help users and regulators understand the decision-making basis of the model, and ensure that it is not biased or discriminatory.

　　"For the traditional general big model, people can establish small models in the industry field, and form data security assistants in the field of data security through various data labels, data types, logs, etc." Hu Shaoyong, co-founder of Shanghai Guanan Information Technology Co., Ltd. said that AIGC (Generative Artificial Intelligence) technology itself has the possibility of sensitive data and illegal application, so data security operation is very important.

　　Hu Shaoyong pointed out that in the process of data security governance, a direction that is being explored is data security experts or security assistants. In addition, the identification of data assets can be further improved by using large models, and many security companies have made attempts in this regard.

　　Network security is constantly changing and needs to be guarded by all sectors of society.

　　Huang Daoli, director and researcher of the Network Security Law Research Center of the Third Institute of the Ministry of Public Security, believes that the biggest challenge facing network security now is how to transform the institutional capacity into the actual governance capacity. "The characteristics of the law are stable, but the network security risks and the network security situation are constantly changing," she said, which requires the joint efforts of industry, operators, data processors and social third parties.

　　Xu Yu, deputy dean of the Innovation Research Institute of Shanghai Information Security Evaluation and Certification Center, pointed out from the perspective of urban data security that as the number of systems increases in scale and complexity, the exposure and vulnerability of data resources will increase. "Network security has changed from system and network as the core to data as the core." He said.

　　Song Haitao, dean of the Institute of Artificial Intelligence of Shanghai Jiaotong University, said that only by further embracing the power of science and technology, building a talent system in the process of all-factor industrial development, and strengthening the research and construction of ethics and governance system in network security can people’s lives and property be better protected.

　　Author: Zhang Tianchi

　　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.