The data shows that in the first three quarters, the national general public budget revenue was 15.31 trillion yuan, which increased by 4.1% after deducting the tax rebate factor, and decreased by 6.6% in natural terms; The national general public budget expenditure was 19.04 trillion yuan, a year-on-year increase of 6.2%. While the economic operation is recovering, the fiscal revenue has gradually stabilized and rebounded, and the fiscal expenditure has continued to exert its strength.

　　Fiscal revenue gradually picked up.

　　In the first half of this year, due to unexpected factors such as repeated epidemics, coupled with the implementation of large-scale value-added tax refund, the pressure on fiscal revenue was greater and the contradiction between revenue and expenditure was more prominent. With a series of macroeconomic policies to stabilize the economy, the economy has continued to recover and develop, and the financial operation has gradually improved. Statistics show that from January to September, the national general public budget revenue increased by 4.1% year-on-year, 0.4 percentage points higher than the previous eight months.

　　"Economy and finance are two sides. Since the third quarter, the income level of the general public budget has gradually picked up. First, the large-scale tax rebate has been basically completed. Second, the economic resilience has been fully demonstrated and stabilized. Third, the use of state-owned assets and the vitality of the disk have increased, promoting the rise of non-tax revenue. " Luo Zhiheng, chief economist of Yuekai Securities and president of the research institute, analyzed that after excluding the impact of tax refund, the growth rate of domestic value-added tax increased marginally in September, indicating that a series of stable growth policies in the previous period played a supporting role in the economic recovery.

　　Since the beginning of this year, China has implemented a new combined tax and fee support policy, which has helped to reduce the burden on market players and stabilize the macro-economic market, with unprecedented policy strength. The data shows that as of September 20, the total new tax reduction and fee reduction and tax refund deferred fees exceeded 3.4 trillion yuan. Among them, through the implementation of tax refund, the value-added tax refund that has been refunded to taxpayers’ accounts exceeds 2.2 trillion yuan.

　　"We will continue to implement the policy package of stabilizing the economy, especially in terms of tax and fee support, adhere to both institutional arrangements and phased policies, and implement large-scale tax rebates. The manufacturing industry and small and medium-sized enterprises have benefited particularly, effectively boosting the confidence of market participants." Li Xuhong, director of the Institute of Finance and Taxation Policy and Application of Beijing National Accounting Institute, said.

　　Excluding the influence of tax refund, a number of tax indicators, such as value-added tax and enterprise income tax, which mainly reflect the operating conditions of market players, showed a year-on-year growth trend. "This reflects that China’s macro economy has gradually shown a recovery growth trend by effectively coordinating epidemic prevention and control and economic and social development." Li Xuhong said.

　　At present, the task of centralized refund of large-scale tax refund is basically completed, and the factors of tax refund and income reduction are obviously weakened, and the fiscal revenue growth is expected to maintain a good trend.

　　Strong support in key areas

　　Since the beginning of this year, China has maintained a relatively high expenditure intensity, and allocated 26.71 trillion yuan for the national general public budget, an increase of more than 2 trillion yuan over the previous year. At the same time, optimize the structure of fiscal expenditure, give priority to supporting key projects that have been included in the national "14 th Five-Year Plan" outline and key special plans, moderately advance infrastructure investment, and increase support for scientific and technological research, ecological environmental protection, basic livelihood, modern agriculture and other fields and major regional strategies.

　　Statistics show that from January to September, the national general public budget expenditure was 19.04 trillion yuan, an increase of 6.2% over the same period of last year. Bai Yanfeng, a professor at the School of Finance and Taxation of the Central University of Finance and Economics, believes that in order to cope with the impact of the epidemic and the impact of various unexpected factors, the proactive fiscal policy has continued to exert its strength, and while implementing tax rebates, tax cuts and fee reductions, it has maintained a strong expenditure and played an important role in stabilizing the economic market.

　　It is noteworthy that expenditures in key areas, such as people’s livelihood, have been effectively guaranteed. Among them, education expenditure increased by 5.7%, science and technology expenditure increased by 14%, social security and employment expenditure increased by 6.9%, and health expenditure increased by 10.7%. "Education, science and technology and talents are the basic and strategic support for building a socialist modern country in an all-round way and have become the key areas of financial support." Bai Yanfeng said.

　　Li Xuhong analyzed that in the first three quarters, the fiscal expenditure not only strengthened the implementation and accelerated the progress, but also increased the expenditure in the fields of people’s livelihood, science and technology, health and health, further consolidating the achievements of economic structure optimization and providing a guarantee for China to promote Chinese modernization and achieve high-quality development.

　　Since the beginning of this year, China has vigorously promoted the sinking of financial resources and supported the grassroots to do a good job in "three guarantees". On the basis that the central government’s expenditure at this level has been negative for two consecutive years, the central government’s expenditure will continue to be negative in 2022, down by 2.1%. Statistics show that in the first three quarters, the central general public budget expenditure was 2,501.4 billion yuan, accounting for only about 13% of the national fiscal expenditure. "The central department resolutely implemented the requirements of tight days, reduced its own expenditures, and made up for the decrease in local income through transfer payments, and the proportion of local expenditures increased significantly." Luo Zhiheng said.

　　Fiscal policy continues to exert strength.

　　Report to the 20th CPC National Congress made a series of important arrangements for financial work, especially emphasizing the need to improve the modern budget system and optimize the tax structure. Next, how can the proactive fiscal policy continue to exert its strength? How to advance the reform of fiscal and taxation system?

　　"Since the 18th CPC National Congress, China has basically established a modern financial system. The core of adhering to the direction of market-oriented reform in the financial field is to clarify the boundary between the government and the market, rationally define the scope of government functions, provide basic and universal public goods and social services to the whole society, and release and stimulate the enthusiasm and creativity of market players and all people. " Feng Qiaobin, Deputy Director of Macroeconomic Research Department of the State Council Development Research Center, said.

　　Feng Qiaobin believes that it is necessary to further establish and improve the modern tax system and form a reasonable distribution mechanism among the government, enterprises and residents. "On the one hand, we must ensure that the country has sufficient fiscal revenue. On the other hand, we must further optimize the tax system and degenerate taxes, appropriately reduce the tax rate, and do a good job in encouraging the whole society."

　　"To implement the Party’s decision-making arrangements for the 20th National Congress, we should intensify reforms in improving the modern budget system, optimizing the tax structure, and improving the fiscal transfer payment system, so as to contribute financial strength to building a socialist modernization power in an all-round way." Bai Yanfeng said.

　　Recently, various fiscal policy measures in the policy of stabilizing the economy are being accelerated. Fiscal and monetary policies have been strengthened to form a joint force of policies and consolidate the momentum of economic recovery. For example, revitalize the stock of local government special debt limits according to law and make good use of the special debt balance limit of more than 500 billion yuan; For small and medium-sized enterprises and individual industrial and commercial households in manufacturing industry, the "five taxes and two fees", such as enterprise income tax deferred in the early stage, will be delayed for four months after the expiration of the time limit from September 1, involving deferred taxes of 440 billion yuan. In addition, support the good use of policy-oriented development financial instruments, promote the orderly landing of important projects, and form physical workload as soon as possible.

　　Luo Zhiheng believes that in the next stage, a proactive fiscal policy needs to strengthen regulation and control, plan fiscal incremental tools in advance, and balance multiple goals such as steady growth, risk prevention, implementation of grassroots "three guarantees" and support for major national strategies. At the same time, strengthen coordination among fiscal, financial and industrial policies.

　　Mobile phones are widely used in our lives, and the utilization rate of mobile phones is very high. Now we all use smart phones, which have more comprehensive functions and larger screens, but there are also problems, that is, smart phones consume more power. So we charge the mobile phone from time to time. When we are charging the mobile phone, it will happen that the mobile phone can’t be charged. What should we do after such a situation? What’s wrong with the mobile phone not charging?

　　What’s wrong with the mobile phone charging? What should I do if the mobile phone can’t charge?

　　1. The electrode contact of the battery is dirty, and the contact resistance is too large, resulting in too large voltage drop. When charging, the host computer thinks it is full and stops charging;

　　2. The internal charging circuit of the mobile phone is out of order and cannot be charged normally.　　

　　3. If the battery can be charged, then there is a problem with the data cable or the phone socket. If not, then it’s the battery. If it’s a battery problem, Xiaobian has a small method. Wrap the battery in newspaper and put it in the refrigerator for three days, then take it out and put it in a ventilated place for a while, and then the battery will be fine.

　　4. If there is something wrong with the phone jack, try to wipe the dust inside the interface with a brush or a small brush, or it may be caused by excessive dust accumulation in the interface. If it doesn’t work after wiping, it is recommended to change a socket or data cable. It may be caused by poor power contact.　　

　　5. Check whether there are foreign objects in the charging interface of the mobile phone, such as liquid inlet and sundries, which are caused by poor contact between the charging interface of the mobile phone and the charger. If this is the case, it is recommended to send it for repair as soon as possible. Back up mobile phone data (phone book, SMS, pictures, etc.) and restore the mobile phone to factory settings (enter mobile phone settings-reset-restore factory settings).

　　6. Try not to answer the phone during charging. A good habit is to turn off the mobile phone when charging, so as to ensure high-quality charging effect. In the normal process of using the mobile phone, try to charge it healthily every time, that is, when the power is lower than 20%, and never wait until the power is exhausted to avoid affecting the service life of the mobile phone battery.　　

　　7. For users who use the voltage regulator converter to charge their mobile phones, they should connect the correct commercial power to charge according to the requirements in the charging instructions. Under normal circumstances, the domestic commercial power is 220V, while in foreign countries, such as Japan, the voltage is 110V V. Therefore, if you charge your mobile phone abroad, you will not be able to charge it normally due to insufficient voltage. Users who charge through the data cable should ensure that the normal 5V voltage is provided to the USB interface.

　　8. The mobile phone can’t be charged. It may be that there is a problem with the quality of the battery itself. You can replace it with a new battery. Or the battery is damaged because it has been used for too long or because of the short circuit between the anode and cathode of the battery for some reason.　　

　　When our mobile phone can’t be charged, the first thing we have to do is to check the mobile phone charger to see if it is in good condition and if the data cable is not plugged in. In addition, the mobile phone can’t be charged with electricity, which may be due to the problems of the mobile phone itself. If there is something wrong with the mobile phone, then the only solution is to repair it or buy it again. No matter what the reason is, we can have corresponding solutions as long as it is based on the reason.

Venture capital resumption

Focus on:

E-commerce AI SaaS service provider "Le Yan Technology" obtained strategic investment from Ali;

GitLab established the China joint venture company "Extreme Fox", which won hundreds of millions of yuan in investment in the first round;

Kunlun, Baidu AI chip division, completed a new round of financing;

Music copyright service company "Spark Sound Yue" completed millions of seed rounds of financing.

The contents of the following week’s investment and financing resumption (March 15th to March 19th) were compiled by the Hong Kong Stock Research Institute.

Consumer plate

"Zhen Wei Xiao Mei Yuan" won tens of millions of yuan in Series A financing.

"Zhenwei Xiaomeiyuan" has recently completed tens of millions of A-round financing, with Guo Sheng Capital as the investor and 42 Capital as the exclusive financial advisor. It is reported that this round of financing funds will be used for team expansion, brand marketing and R&D investment. "Zhen Wei Xiao Mei Yuan" is a brand of prefabricated dishes. At present, more than 50 kinds of prefabricated dishes have been developed, and nearly 30 of them are on sale. The explosive products include crystal lotus leaf chicken, pickled fish, black pepper beef fillet, kung pao chicken and old Shanghai scallion cake.

"Wangjiadu Food" completed nearly 100 million yuan in Series A financing.

"Wangjiadu Food" has completed a round of financing of nearly 100 million yuan. This round is led by Fuxing Yuan and invested by Tomato Capital. The funds are mainly used for catering and retail market development. Wangjiadu Food is a Sichuan-style food enterprise engaged in research, development, production and sales of Sichuan-style food. Formerly, it was a subsidiary of the central kitchen of Meizhou Dongpo, focusing on Sichuan-style prefabricated dishes. Now it has launched explosive prefabricated dishes such as Wangjiadu low-temperature lunch sausage and low-temperature Sichuan-style sausage, as well as Dongpo braised pork, roasted beef with bamboo shoots, yipin Dongpo pork, Maoxuewang and other Sichuan-style dinner dishes of Meizhou Dongpo, in addition to providing Sichuan-style seasonings, compound sauces and other products.

"Guang Liang Liquor Industry" has completed several hundred million yuan of A and B rounds of financing, with Gaoyan Venture Capital and BAI leading the investment.

The new liquor brand "Guang Liang Liquor Industry" has completed hundreds of millions of A and B rounds of financing in 2020, of which A round was led by Gaochun Venture Capital, followed by XVC and jagermeister Capital; Round B was jointly led by Gaochun Venture Capital and BAI Capital, and XVC overspent; Anke Capital acts as a financial consultant. At the beginning of its establishment in 2018, the company received angel round investment from Dawang Capital.

Children’s food brand "Little Yellow Elephant" completed tens of millions of angel round financing.

The children’s food brand "Little Yellow Elephant" has completed tens of millions of angel round financing, and the investor in this round is Zhenge Fund. Wang Yi, the founder of Little Yellow Elephant, told 36Kr that this round of funds will be mainly used for category expansion, global supply chain integration and marketing.

The baking snack brand "Sawada Benjia" completed the first round of over 10 million financing.

The baking snack brand "Sawada Benjia" has recently completed the first round of financing, with a financing amount of over 10 million. This round of financing is jointly funded by independent investors He Boquan and Tiantu. Independent investor He Boquan is the founder of today’s investment. This round of financing will be mainly used for new product development, offline stores and online channel expansion.

The creative bibimbap sauce brand "Xibao Research Institute" won nearly 10 million yuan in angel round financing.

The creative bibimbap sauce brand "Xibao Research Institute" has completed nearly 10 million yuan of angel round financing, and the investor in this round is Meihua Venture Capital. This round of financing will be used for marketing promotion, brand building, product research and development and supply chain construction.

The pot circle completed the $300 million D round of financing.

Cookware Supply Chain (Shanghai) Co., Ltd. announced that it has completed the $300 million Series D financing led by CMB International and Tiantu Capital, with the old shareholders exceeding the limit. The company said that it will build upstream barriers and enter the third-and sixth-tier consumer markets.

Science and technology concern

E-commerce AI SaaS service provider "Le Yan Technology" obtained Ali strategic investment.

E-commerce AI SaaS service provider "Le Yan Technology" announced the completion of the C3 round of financing led by Alibaba. So far, the accumulated financing amount of Le Yan Science and Technology Round C has exceeded 500 million yuan. Shen Libin, founder and CEO of Le Yan Science and Technology, said that the funds raised in this round will be used to further increase investment in AI technology research and development and launch more AI intelligent software services.

SRM procurement supply chain service provider "Enterprise-Enterprise Link" completed the C round of financing.

Shenzhen Enterprise Technology Co., Ltd. officially announced that it has completed the C round of financing by Yonghua Investment, Kunzhong Capital, Koala Fund, Galaxy Venture Capital and Rose Tree Investment. Among them, Kunzhong Capital has already made several rounds of investment in enterprise-enterprise communication. After this round of financing, Enterprise-Enterprise Link will continue to enrich SRM industry solutions, upgrade product functions and customer service experience, and continue to provide more value-added services for enterprises and suppliers based on SRM platform.

GitLab established the China joint venture company "Extreme Fox", which won hundreds of millions of yuan in investment in the first round.

GitLab, an open source platform, announced the establishment of a joint venture company in China, named "Extreme Fox Information Technology (Hubei) Co., Ltd.". The joint ventures also include Sequoia Broadband and Gaocheng Capital, which won hundreds of millions of RMB investment in the first round. According to the official introduction, GitLab has more than 30 million registered users and more than 100,000 corporate customers worldwide. In China, GitLab has millions of open source users. GitLab said that through cooperation with Sequoia Broadband and Gaocheng Capital, the company will gain complete autonomy in strategy, technology, products, pricing and operation.

The UAV company "Feifei Technology" completed a C++ round investment of over 300 million yuan.

The drone company "Feifei Technology" announced the completion of the C++ round investment of Gaochun Venture Capital exceeding 300 million yuan. The capital injection of Gaochun Venture Capital this time is an additional investment in the financing of 1.2 billion yuan of Feifei Technology at the end of last year.

"Haiyan Technology", a supplier of AI machine vision equipment, won tens of millions of yuan in Series A financing.

Beijing Haiyan Automation Technology Co., Ltd., a supplier of AI machine vision equipment, has completed tens of millions of A-round financing in September 2020. The investor in this round is Fengrui Capital. Haiyan Technology was established in 2015, focusing on the home appliance industry in the early stage, providing customers with intelligent equipment and complete system solutions based on machine vision and artificial intelligence.

"Tengyin Caizhi" has received more than 100 million RMB A+ rounds of financing, and the investors are Tencent and Gaorong Capital.

Shenzhen Tengyin Information Consulting Co., Ltd. (hereinafter referred to as "Tengyin Caizhi") announced the completion of the A+ round of financing of over RMB 100 million, with Tencent and Gaorong Capital as investors. This round of financing is mainly used to optimize the product matrix, introduce industry talents, enhance research and development capabilities, and quickly launch a variety of value-added products and supporting services.

"Tezan" completed the $100 million Series C financing and released the digital platform for content experience for the first time.

"Tezan" announced the completion of the C2 round of financing led by Temasek, with Unicorn Capital Partners, C Ventures, Softbank China Capital and all the old shareholders (Sequoia China, Hearst Capital, Linear Capital, Jingya Capital, Xinyuan Capital, etc.) following the investment. Mumian Capital serves as the exclusive financial advisor for Series C financing. After this round of financing, Tezan will invest more in products, research and development, data and underlying technologies, and will also expand its business team and set up a South China office. Taking content experience data asset management as a platform, we will expand the platformization and intelligent content production and content circulation scenarios of medium and large enterprises in different industries.

"Suzhou Leike Sensor" completed tens of millions of A round financing.

In March, 2021, Suzhou Science & Technology Leike Sensing Technology Co., Ltd. completed tens of millions of yuan of Series A financing. This round of financing was led by Zhongguancun (000931, stock bar) Zhiyou Scientists Fund, followed by Yonghua Investment and Puhua Capital. This round of financing will be used to increase the company’s R&D investment in new products and application systems of 94GHz millimeter wave radar and SAR radar in the civil field, and expand business application fields.

"Impression Notes" completed hundreds of millions of B rounds of financing

The information management platform "Impression Note" announced the completion of hundreds of millions of B rounds of financing. This round of financing was jointly led by Zhencheng Investment and Shanghai Cultural Industry Development Investment Fund, followed by Dunhong Assets, Tongchuang Weiye and Ruili Investment. This round of financing will be used to optimize and adjust the ownership structure, accelerate the development of core business, and promote the development and integration of various new businesses. At the same time, it will invest in the construction of new research and development centers, increase the innovative research and development of related technologies and products such as artificial intelligence and natural language processing, and help the continuous iterative upgrading of products.

"Yi Anlian" announced the completion of nearly 100 million B+ rounds of financing.

"Yi ‘anlian" announced the completion of nearly 100 million B+ rounds of financing. This round of financing was led by Chenyi Investment, and Langmafeng Venture Capital and the old shareholders followed the investment. Cipher Capital continued to serve as the exclusive financial advisor for this round of financing. The funds will be mainly used for sales market expansion and zero-trust technology research and development, and accelerate the national coverage of zero-trust security business.

Innovative property service provider and smart platform operator "Fengwu Technology" completed nearly 100 million A+ rounds of financing.

The innovative property service provider and smart platform operator "Fengwu Technology" officially announced the completion of nearly 100 million yuan A+ round of financing from Xuehu Capital, which will be used to further expand the market scale and establish the upstream and downstream ecology. According to reports, Fengwu integrates the mainstream hardware equipment and software systems on the market at present with the property cloud platform, such as community security software and hardware facilities, three-party financial software, etc., and then analyzes and calculates the collected data with algorithms. The analysis results will directly provide management basis for business and services, thus giving customized and landing solutions.

The enterprise expenditure management platform "Decibel Connect" received 92.5 million US dollars in Series C financing.

The enterprise expenditure management platform "Decibel Pass" received a series C financing of US$ 92.5 million, which was jointly led by Gaochun Venture Capital and Tencent, followed by the old shareholders IDG Capital, Ribbit Capital, Stowe Capital and Glade Brook Capital, and Yuanyi Capital served as the exclusive financing consultant in this round. This round of financing will be mainly used to accelerate product iteration and expand the team.

"Karel Robot" received multi-million yuan Pre-A round of financing.

Karel Robot Technology Co., Ltd. completed a multi-million yuan Pre-A round of financing, which was led by Hong Taizhi. The funds will be used for the research, development, production and marketing of commercial service robots.

Kunlun, Baidu AI chip division, completed a new round of financing.

Kunlun, Baidu’s AI chip division, completed a new round of financing, led by CITIC Industrial Fund, with a valuation of 2 billion US dollars.

"Endpoint" completed over 400 million yuan in Series A financing.

Hangzhou Terminal Network Technology Co., Ltd. completed the Series A financing of over 400 million yuan, which was led by Sequoia Capital, followed by its old shareholders Alibaba Cloud and Yaotu Capital. This round of financing will be used for software system research and development and team expansion.

The domestic brain-computer interface platform "NeuraMatrix" has received multi-million dollar Pre-A financing.

NeuraMatrix, a domestic brain-computer interface company, has completed a multi-million-dollar Pre-A round of financing, led by Jingwei China. This round of financing will be mainly used for mass production and sales of NeuraMatrix’s existing system-level products, new product development and talent introduction.

The intelligent supplier of supply chain "Shangwangyun" received tens of millions of angel round financing.

Shangwangyun, a supplier of digital intelligence in the supply chain, has completed tens of millions of angel round financing. This round of financing was led by Shunwei Capital, followed by strategic investors, and the old shareholder Lanling continued to raise money. Yunyue Capital served as the exclusive financial adviser. This round of financing will be used to develop products and expand the market.

"Know the future" won tens of millions of yuan in Pre-A round of financing.

"Knowing the future" completed tens of millions of yuan of Pre-A financing, led by Meihua Venture Capital, and followed by Gengyong Capital, Guohong Jiaxin Capital, Dachen Caizhi Venture Capital and other institutions. This round of financing is mainly used for the research and development and market expansion of ultra-low light full-color imaging products and systems.

Robot process automation service provider "Shadow Knife RPA" received over 10 million dollars in Series A financing.

The robot process automation service provider "Shadow Knife RPA" has successively completed the investment of 10 million US dollars in Pre-A and A rounds. Among them, the Pre-A round of financing was led by Red Dot China and followed by Jinshajiang Venture Capital; Round A was led by Gao Lin Venture Capital, followed by GGV Capital, and continued support from old shareholders China, Jinshajiang Venture Capital and Yingdong Capital. The funds raised will be mainly used to expand the R&D team and strengthen the service support team.

"Huayun ‘an" received tens of millions of A round financing.

Beijing Huayun ‘an Information Technology Co., Ltd., a security vendor focusing on vulnerability management and AI attack and defense, has officially completed tens of millions of A-round financing. The investor in this round is DCM, a well-known venture capital institution, and Cryptographic Capital is the exclusive financial advisor. After this round of financing, the company plans to continuously improve its technical strength and product capabilities, consolidate the construction of talent echelon, continue to build a cloud native security ecosystem, strengthen its innovative ability in vulnerability management and attack and defense services, and enrich the diversified layout of business scenarios in various industries, and accelerate the application of artificial intelligence in network security.

"Insight Technology" won tens of millions of yuan of Pre-A round of financing.

Shenzhen Insight Wisdom Technology Co., Ltd. completed the Pre-A round of financing at the beginning of the year. The main investors in this round are Yuanqi Capital and Feifan Venture Capital, Xinyuan Capital and other old shareholders, with an amount of tens of millions of RMB. After this round of financing, technology research and development and ecological construction of application scenarios will continue.

SaaS service provider "Jijia" completed 30 million Pre-A round of financing.

SaaS service provider "Jijia", which is committed to providing digital management solutions for cross-border e-commerce enterprises, has completed a 30 million yuan Pre-A round of financing. This round of financing is led by Yunqi Capital, simple investment and strategic resources, and will be used for market system construction, product and service upgrading, and introduction of high-end talents.

Medical plate

"Akang Health" completed nearly 200 million yuan in Series B financing.

"Akang Health" has recently completed nearly 200 million yuan in Series B financing and released a regional medical health platform. This round of financing is led by Zhongjin Qide, Zhongke Kechuang, Nanjing Bofu Investment and Shenzhen? Sub-wealth fund subscribed. Akang Health is a chronic prescription drug operation and management organization, which integrates chronic prescription drug operation, chronic disease management, hospital prescription circulation, e-commerce operation and out-of-hospital prescription increment, focusing on providing pharmacy service and chronic care for chronic patients who leave the hospital, and providing pharmaceutical enterprises with out-of-hospital prescription drug channel expansion, product increment and patient data management services.

"Yinming Bio" announced the completion of $60 million Series A financing.

"Yinming Bio" announced the completion of $60 million Series A financing. This round of financing was led by Gaorong Capital, followed by Lightspeed China, Huacheng Venture Capital, Jingcheng Capital, Huajin Capital (000532, shares bar) and Hengqin Jintou. Yinming Bio was established in October 2019, and its product pipeline covers the fields of ophthalmic drugs, small molecule immunodrugs, cell therapy, new medical and aesthetic drugs and so on.

Julu Medical, the overall solution provider of cardiopulmonary rehabilitation, has received tens of millions of yuan investment in Round A.

Julu Medical, the overall solution provider of cardiopulmonary rehabilitation, received tens of millions of RMB investment in Round A.. This round of funds will be used for the expansion and construction of rehabilitation centers of Julu Medical, the expansion of digital innovative equipment, hardware research and development, and the construction of marketing and operation teams. According to the official introduction, Julu Medical owns Beijing Julu Rehabilitation Medical Center Co., Ltd. (rehabilitation center) and Hangzhou Julu Medical Equipment Co., Ltd. (research and development factory), and has the certificates of national high-tech enterprises and Zhongguancun high-tech enterprises, and has obtained more than 60 patents.

Light medical cosmetology skin care brand "BIOLAB Listening Research" completed 10 million Pre-A rounds of financing.

Light medical cosmetology skin care brand "BIOLAB Listening Research" has recently completed a 10-million-level Pre-A round of financing, led by Tiantu Capital and followed by Baojiehui Innovation Consumer Fund. According to its founder Kiki, the funds will be mainly used for product research and development and brand marketing investment.

Fete Intelligent Inspection, a provider of visual intelligent inspection solutions, won tens of millions of A+ rounds of financing.

The vision intelligent detection solution provider "Fete Intelligent Detection" has completed tens of millions of A+ rounds of financing, which is led by Tianying Capital and followed by Zhuhai Hengqin Gold Investment. The funds will be mainly used for product research and development and business development.

"Hanyu Medical" received nearly 500 million yuan in D+ round financing.

Shanghai Hanyu Medical Technology Co., Ltd. has completed D+ round financing with a total amount of nearly 500 million yuan; This round of financing introduced Yunfeng Fund, the leading investor, and investors such as Jiangsu Ruihua, Octagon Capital, Yifangda and Lingdao Capital, and the original shareholder Honghui Capital continued to invest. Bairong Capital serves as the exclusive financial advisor for the company’s current round of financing.

"New Code Bio" completed over 400 million yuan in Series A financing.

Zhejiang pharmaceutical subsidiary "Xinma Bio" has recently completed a round of financing of over 400 million yuan. This round of financing was jointly led by Lilly Asia Fund (LAV) and Jingwei China, followed by SDIC Investment and Sanhua Hongdao. The funds raised will be used to support the clinical development and commercialization preparation of the company’s core product ARX788, product line expansion and independent innovation technology platform construction.

New industrial plate

The intelligent container truck transportation operation platform "Platypus" received an investment of 50 million US dollars.

It was learned from Duckbill Company, an intelligent container truck transportation operation platform, that Temasek, an international capital tycoon, led the investment, Lanting Investment followed the investment, and a number of old shareholders including Mingshi Capital, Shunwei Capital, Rongrong Capital, Zhuopu Investment and Duxiu Capital jointly organized a group to invest another $50 million in the company.

Changyang Technology, an enterprise in the fields of industrial Internet security and industrial control security, completed the financing of nearly 200 million yuan in the D round.

Changyang Technology, an enterprise in the fields of industrial Internet security and industrial control security, has completed nearly 200 million yuan financing in the D round. This round of financing was led by Sino-Russian Energy Fund, followed by Shenzhen Venture Capital, Guoyuan Venture Capital and Yuna Capital. According to the official introduction, Changyang Technology focuses its products and business on industrial network security and security big data. After completing the D round of financing, Changyang Technology will continue to increase its investment in product innovation, technology research and development, service operation and professional personnel training.

Pan-entertainment plate

Music copyright service company "Spark Yinyue" completed millions of seed rounds of financing.

The music copyright service company "Spark Sound Yue" has completed millions of seed rounds of financing, with investors including Donghu Angel Fund, Blueport Interactive and Hunting Capital. This round of financing is mainly used for team building and product development. According to public information, Spark Yinyue was established in 2020 and is affiliated to Wuhan Spark Yinyue Technology Co., Ltd., which is an innovative service technology enterprise focusing on music commercial solutions, music copyright management and music works marketing.

Psychological social product "hope" completed millions of angel round financing.

The psychological social product "hope" has recently completed a multi-million yuan angel round of financing. The investor did not disclose that the funds will be used for product iteration, content expansion and scenic spot cooperation. Hope is a positive psychological social product focusing on young people’s emotional sustenance and companionship. It was launched in 2017 and has now exceeded one million users.

The Internet operator "OTM", a member of the wine brigade, received nearly 40 million yuan in angel round financing.

OTM Zhongshu Travel Technology, an Internet operator of wine travel members, recently announced the completion of nearly 40 million yuan of angel round financing. This round of financing was led by creation partner CCV, followed by Gaorong Capital and Echo Capital as exclusive financial advisers. This round of financing will continue to be used for technology research and development, market expansion and talent introduction.

Emotional social product "Mood" has received millions of dollars in angel round financing.

Mood, a voice chat room that focuses on emotional socialization, received a multi-million dollar angel round of financing, led by Meihua Venture Capital and followed by another US dollar institution. Mood is an emotional social App for positioning young people hatched by MarryU, a new generation of marriage and love platform in China. It has been launched and operated in various application stores for one year.

Automobile plate

"Sinian Zhijia" won tens of millions of yuan in Pre-A round of financing.

Beijing Sinian Zhijia Technology Co., Ltd. announced that it has obtained tens of millions of yuan of Pre-A financing, with Guangfa Xinde as the lead investor and Jinbang Capital and Chentao Capital as the investors. This round of financing will be used for the company’s technology research and development, daily operation and market expansion.

Momenta, a self-driving company, received $500 million in financing, and SAIC, Toyota and Bosch jointly led the investment.

Momenta has completed the C round of financing totaling 500 million US dollars. This round of financing was led by SAIC (600104, stock bar), Toyota, Bosch, Temasek and Yunfeng Fund; Other investors include Mercedes-Benz, GGV ggv capital, Shunwei Capital, Tencent and Caive Fund. After obtaining new financing, Momenta will continue to promote the scale of autonomous driving around its "flywheel" technical route driven by mass production data. In addition, Momenta will further expand its overseas business and set up offices in Germany and Japan.

Overseas concern

Squarespace, an American self-help website platform, completed a new round of financing of 300 million US dollars, with a valuation of 10 billion US dollars.

Squarespace, an American self-help website building platform, said on Tuesday that it has completed a new round of financing of about 300 million US dollars, and the company’s valuation has reached 10 billion US dollars. The company said that new investors include Dragoneer, Tiger Global and D1 Capital Partners, adding that it plans to use the proceeds to fund its growth. Squarespace secretly submitted a listing application in January this year.

American fresh e-commerce "Weee!" Completed the $300 million D round of financing.

American fresh e-commerce "Weee!" Completed the $300 million D round of financing. This round of financing was led by the old shareholder DST Global, followed by new investors Blackstone Growth, Tiger Global and Arena Holdings, with XVI as Weee! The B-round lead investor continued to follow in this round. This round of financing will be used for the regional expansion of the fresh delivery market in the United States, the establishment of a more diversified product supply chain, the expansion of other Asian and Hispanic fresh delivery markets in the United States, the recruitment of talents, and the development of the latest technologies.

This article was first published on WeChat WeChat official account: Hong Kong Stock Research Society. The content of the article belongs to the author’s personal opinion and does not represent Hexun.com’s position. Investors should operate accordingly, at their own risk.

　　With Hellbing helping Syria score a goal against India, China’s trip to the Asian Cup officially came to an end. Ranked third in a group that is not strong in overall strength, and third in the group with the worst performance among the six groups, China team has faded out of the top 16 in Asia.

　　The Asian Cup is just a microcosm. In recent years, China’s national teams of all ages have been absent from various world competitions and are struggling in Asian competitions. In the upcoming U23 Asian Cup and Olympic qualifiers, China was even placed in the fourth team.We have to admit that the China men’s soccer team has now become a third-rate team in Asia.

　　Look at the present: the building has fallen from bad to worse.

　　In three group matches, two draws and one loss, one goal failed, and the group was third out, setting a new record for the national football team to participate in the Asian Cup.In this Asian Cup, the problems began to appear from the first match against Tajikistan. In jankovic’s tactics, offense and defense are two different positions. Such tactics are not uncommon in today’s football world, but such real-time position switching requires players’ certain tactical literacy and athletic ability as a guarantee. But it turns out that in today’s China team, many people don’t have this ability.The accuracy of passing the ball is not enough, and the change of ball rights is constantly appearing, which makes this formation change more frequent, which makes the players with insufficient ability more and more exhausted. The loss of power in midfield and the loopholes in defense are the direct results of the mismatch between tactics and players’ abilities.

　　Jankovic tried to solve the problem by changing the array. In the match against Lebanon, jankovic first introduced the 532 formation. But at the beginning of the big list, it seems that it was not selected according to the formation of the five defenders. Such a temporary change is tantamount to robbing Peter to pay Paul, which makes up for the original loopholes to some extent, but it also brings new problems, which is not conducive to the players to play their best level on the court.

　　In the first 45 minutes of the final round against Qatar, the national football team played the best half game of this Asian Cup, but still failed to score. This inevitably reminds people of the last round of the Asian World Cup qualifiers in 2017. In the case of last stand, Qatar, which had no pressure and sent a large number of non-main players, took the lead in the first half but lacked the skills to score.

　　But the difference is that Qatar at that time was a team that failed to qualify at the bottom of the group and even had few home audiences. Now they have transformed themselves into defending champions who qualified early. The identity change between China and Qatar is also a microcosm of the overall development of Asian football in recent years. As Wei Shihao said after the third game,China’s men’s soccer team has fallen behind in all directions, Asian teams are making progress, and we are standing still.

　　Recalling the past: Rome wasn’t built in a day.

　　Looking at the top scorer list of the Super League in 2023, there are only two domestic players, Lei Wu and Tan Long, and only Wang Ziming and Daniel F. Akerson are in the top 20, and the rest are occupied by foreign aid.Over the years, many domestic players have formed the habit of giving the ball to foreign aid in the middle and front court to solve the problem.Once this dependence is formed, over time, they also lose their sense of smell for finding flaws and their spirit of attacking the city and pulling out the village.

　　A few years ago, the Super League and even China A introduced strong foreign aid crazily, and the ball market was hot. The Guangzhou team also won two AFC Champions trophies.However, the false prosperity of football manufacturing in Jinyuan is not sustainable after all. In recent seasons, we have witnessed the demise of one old club after another.And these bubbles are reflected in the national team level, that is, the World Cup, the Asian Cup and other major competitions, without exception, do not end in disappointing results.

　　This is just the tip of the iceberg of the problems existing in the development of China football over the years. According to industry insiders,China’s football development plan has long been out of touch with international advanced concepts, and this disconnection has even lasted for 20 years.For example, the selection, training and competition of high-level players, etc., only when these contents are carried out in the case of high confrontation can ensure that players can adapt to the high-level game rhythm in major events.

　　It’s not that the Football Association didn’t learn advanced cases in the past, but it only learned the surface and the fur. For example, the implementation of the U23 policy is nothing more than driving ducks to the shelves and pushing players who are not capable of competing on such a stage to the stadium, which has created one joke after another with extremely short playing time. Correspondingly,The average age of the national football team is in this Asian Cup.24Ranked the second highest among the participating teams.There are old faces on the court, but few future stars and fresh blood.

　　It’s not that the Football Association hasn’t tried to remedy it, but it’s a temporary solution rather than a permanent cure. At the end of 2018, the national football team set off a wave of naturalization, but five years later, among this group of naturalized players, only Jiang Guangtai participated in this Asian Cup. Besides, there are only a handful of people who are still active in China football. They are destined to be passers-by in China’s football history. They came in a hurry and left in a hurry, but failed to lead the national football team to the World Cup or kill the quartet in the Asian Cup as expected.

　　After all,The meaning of domestication itself is to complete the puzzle, or to add icing on the cake, rather than taking them as the framework and cornerstone, otherwise it will be putting the cart before the horse.Naturally, we should not hope that the appearance of these naturalized players will make the national football team completely turn over.

　　As early as 2015, at the 10th meeting of the Central Leading Group for Comprehensively Deepening Reform, the Overall Plan for Football Reform and Development in China (hereinafter referred to as the "Plan") was reviewed and approved. It puts forward a "three-step strategy" for the development of football in China, that is, the short-term goal of "straightening out the football management system, formulating the medium-and long-term development plan of football and innovating the football management model with China characteristics", and the medium-term goal of "realizing a substantial increase in the youth football population, reaching the first-class level in Asia in the organization and competition of professional leagues, leading the national men’s soccer team in Asia, and returning the women’s soccer team to the ranks of the world’s top teams", and "enabling China to successfully bid for the World Cup, and the men’s soccer

　　But nearly nine years later, we are getting farther and farther away from this goal. In this regard,China Football Association has an unshirkable responsibility. Over the years, the overall design of China Football Association has been problematic from the top of the pyramid.,The separation of management and operation required by the "Program" has not been implemented.Some "moths" are even more selfish, ruthlessly trampling on the efforts of countless footballers day and night. Nowadays, the competitiveness of the league is declining, the clubs are tottering, and there is no successor to the national team … … All this is the result of years of accumulated evil.

　　Seek the future: the past is not admonished, and the future can be pursued.

　　The emergence of every football giant is not made out of nothing and achieved overnight, but has a process from zero to one and from weak to strong. What is done is done, and what happened in the past cannot be changed; But there are still countless possibilities for China football in the future.

　　If we want to develop healthily for a long time, we should rely on our own hematopoietic capacity.Youth training may be the only way out.The "Program" included football in the teaching content of physical education class in primary and secondary schools around the country, and the proportion of class hours increased.But until today, China’s "integration of sports and education" has failed to find that balance point, and the ideal "equal emphasis on learning and training" will inevitably lead to a "learning and training dilemma".

　　Today, our countrytwelveThere are quite a few football people under the age of 18, but many children are under the pressure of further studies.twelveAway from football at the age of 18.Even then they had made their mark on the pitch.How to make more children appear on the football field more permanently is an urgent problem to be solved in the integration of sports and education.

　　The appearance of every star is accidental, and it is by no means accidental. They are born with extraordinary talents, or they are successful step by step, but all of them are under a sound system, Bole’s discerning eyes know pearls, or the waves of the years wash sand. It is an inevitable process that quantitative change leads to qualitative change. No one can be destined to become a star at the age of 12, but "retiring at the age of 12" is doomed to be a star.

　　To change, we must start from youth training and start from the grassroots.Those grass-roots football seems to be far away from the profession and the national team, but this is the foundation for the survival and development of a national football. Only by truly sinking the focus of football development from the top league to the grass roots, exploring the football system suitable for our country, and establishing the path from school to club, from youth training to occupation, can China football develop continuously and gradually move towards a bright future.

　　At present, the first task is to make fundamental changes. All changes have painful periods,Some insiders believe that,The lowest point of China football may be in the future, so we should be prepared that it will be difficult for the national team to achieve excellent results for a long time to come.What China football needs now is to consolidate the foundation of the "football pyramid" seriously, to adjust its direction, to persist in the right path, not to toss about, not to be eager for quick success, to follow the objective laws of football and to move forward steadily.

　

　　Cctv newsOn May 14th, the State Council Joint Prevention and Control Mechanism held a press conference to introduce the centralized treatment in Fangcang Hospital and answer media questions.

　　Reporter’s question: Shelter hospitals have played a very important role in the fight against the epidemic. Since the outbreak, how many shelter hospitals have been established and how many patients have been treated in Wuhan and other places? What important role does shelter hospital play in epidemic prevention and control?

　　Ma Xin, leader of the National Emergency Medical Rescue Team of Huashan Hospital affiliated to Fudan University and vice president of Huashan Hospital, said that the construction of Fangcang Hospital is a pioneering work, and it is a key measure to respond to the call of the CPC Central Committee to "collect all receivables and leave no one behind". At that time, it was proposed to concentrate patients, experts, resources and treatment, and the shelter hospital was built for this purpose.

　　Ma Xin said that the construction speed of Wuchang Fangcang Hospital was very fast, and it was the first batch of Fangcang hospitals, which was built in 29 hours. After that, the number of beds in Fangcang Hospital exceeded the number of new patients, which was equivalent to building a prevention and control dam, which was built in front of the spread of the virus, quickly reversing the epidemic and allowing all patients to be admitted to the hospital. Fangcang Hospital has realized the timely isolation, treatment and treatment of all confirmed patients.

　　At the same time, Fangcang Hospital also accepted a lot of mild patients transferred from designated hospitals, and designated hospitals set aside valuable beds to treat severe patients, which can balance medical resources. The medical resources in Wuhan are more and more balanced and coordinated, and the epidemic situation has quickly reached an inflection point. The role of shelter hospital in prevention and treatment is irreplaceable.

　　On July 16th, the semi-annual economic report of China was officially released:In the first half of the year, the GDP increased by 6.8% year-on-year.

　　How to treat the current economic situation?

　　Mao Shengyong, spokesman of the National Bureau of Statistics, said: "Generally speaking, in the first half of the year, the national economy continued to develop steadily and steadily, and the favorable conditions for supporting the economy to move towards high-quality development increased, laying a good foundation for achieving the main economic and social development goals throughout the year."

　　Ten indicators outline a stable and positive trend.

　　"The economic data in the first half of the year shows that China’s economy is developing steadily and well, the foundation for high-quality development is further strengthened, and its ability to resist various risks and challenges is further improved." Zhang Liqun, a researcher at the State Council Development Research Center, said in an interview with Guangming Daily.

　　Look at the growth rate:In the first half of the year, GDP increased by 6.8% year on year. It increased by 6.8% in the first quarter and 6.7% in the second quarter, and it has been running stably in the middle and high speed range of 6.7% to 6.9% for 12 consecutive quarters;

　　Look at employmentThe national urban survey unemployment rate has been below 5% for three consecutive months, and it was 4.8% in May and June, which is the lowest level since the National Bureau of Statistics established the national monthly labor survey system in 2016;

　　Look at the price:The national consumer price CPI rose by 2.0%, showing a moderate upward trend, indicating that the supply and demand of the whole market are basically balanced. The ex-factory price PPI of national industrial producers rose by 3.9% year-on-year, and the growth rate dropped by 2.7 percentage points compared with the same period of last year;

　　Look at the industryThe added value of the tertiary industry accounted for 54.3% of GDP, an increase of 0.3 percentage points over the same period of last year; The contribution of service industry to economic growth reached 60.5%, an increase of 1.4 percentage points over the same period of last year; The contribution rate of consumption to economic growth reached 78.5%, an increase of 14.2 percentage points over the same period of last year;

　　Look at the market subject:In the first half of this year, there were 18,100 new market players per day, the "streamline administration, delegate power, strengthen regulation and improve services" reform continued to deepen, and entrepreneurial innovation continued to develop; The protection of intellectual property rights was further strengthened, and the total number of patent administrative law enforcement cases nationwide increased by 29.5% year-on-year, and the business environment and innovation environment were further optimized;

　　Look at the new supply:The added value of high-tech industry, equipment manufacturing industry and strategic emerging industries increased by 11.6%, 9.2% and 8.7% respectively, which was obviously faster than that of all industries above designated size.

　　Look at green development:The proportion of clean energy consumption in the whole energy consumption increased by 1.5 percentage points over the same period of last year; The energy consumption per 10,000 yuan of GDP decreased by 3.2% year-on-year, which was higher than the expected target of 3.0%.

　　In the first half of the year, the economic operation was stable, the structure was optimized and upgraded, the kinetic energy was accelerated, the quality and efficiency were improved, the basic role of consumption in economic growth was continuously consolidated, and the role of service industry in economic growth continued to be consolidated. Mao Shengyong emphasized: "At present, the uncertainty of the external environment is increasing, and the domestic structural adjustment is in the period of tackling key problems. This kind of achievement is hard-won. "

　　Reform has been deepened and resilience has been further enhanced.

　　In June, the comprehensive PMI output index was 54.4%, the manufacturing purchasing manager index was 51.5%, and the non-manufacturing business activity index was 55.0%, which continued to run in the expansion range. "Benefiting from the deepening of supply-side structural reforms, the market is expected to improve overall." Mao Shengyong said.

　　Structural de-capacity continued to deepen. In the first half of the year, the national industrial capacity utilization rate was 76.7%, an increase of 0.2 percentage points over the first quarter and 0.3 percentage points over the same period of the previous year. The effect of destocking was outstanding. At the end of June, the area of commercial housing for sale nationwide decreased by 14.7% year-on-year. The leverage ratio and cost of enterprises continue to decline. At the end of May, the asset-liability ratio of industrial enterprises above designated size was 56.6%, down 0.6 percentage points year-on-year. Investment in short-board areas grew rapidly, and investment in ecological protection and environmental management industries and agriculture increased by 35.4% and 15.4% respectively year-on-year, which was 29.4 and 9.4 percentage points faster than the total investment.

　　"The continuous advancement of supply-side structural reforms has generally strengthened the adaptability of enterprises to the market competitive environment and enhanced the endogenous demand growth ability of the market." Zhang Liqun made a judgment through analysis, "ineffective supply has withdrawn, high-quality supply has gradually increased, corporate benefits have continued to improve, the industry’s ecological environment has improved, and China’s economic fundamentals have improved significantly."

　　It is expected to maintain steady and rapid growth in the second half of the year.

　　"In the first half of the year, the main indicators of China’s economic operation were generally stable. If you ask whether Sino-US economic and trade frictions have any impact, I think it is limited if there is one at present." Mao Shengyong judged that from the second half of the year, there are indeed many variables in the external environment, and the uncertainty and imbalance have increased. The future economic operation mainly depends on three major demands: in the second half of the year, consumption will continue to grow steadily and rapidly, investment will maintain a basically stable trend, and foreign trade does face some challenges, but there are also many favorable factors, which are expected to maintain steady and rapid growth on the whole.

　　In the first half of the year, foreign direct investment maintained a growth trend, and recently some famous international brands have settled in China. This fully proves that China’s market is so big, its growth is so good, its business environment is constantly improving, and its property rights protection for all kinds of enterprises in China and fair treatment for all kinds of market players are constantly improving. China is still a hot spot.

　　"China’s economy has good fundamentals, with deepening reform and opening up and increasing resilience. For the impact of Sino-US economic and trade frictions, we will adhere to the bottom line thinking and be fully prepared, but we don’t have to overestimate it. The economic and trade disputes provoked by the United States will not change the overall situation of China’s stable and good economic development. " Zhang Liqun stressed. (Source: Guangming Daily, CCTV, China Government Network)

　　On January 1, 2020, the RRR cut came as scheduled, and the central bank decided to comprehensively reduce the deposit reserve ratio of financial institutions by 0.5 percentage points from January 6. The central bank said that the RRR cut will release about 800 billion yuan of long-term funds and reduce the cost of bank funds by about 15 billion yuan.

　　What impact will the RRR cut have on various wealth management products? Liu Yinping, a researcher at Rong 360 Jianpu Technology Big Data Research Institute, believes that after the RRR cut, the market liquidity will be further relaxed and the price of funds will drop, resulting in a decline in the yield of fixed-income products; However, the RRR cut will be beneficial to some equity assets, and the income of fixed-income products will decline, and some funds will flow to equity assets, thus prompting asset prices to rise.

　　interpret

　　Impact 1

　　Bank deposit interest rates will fall, and small banks may last for a long time.

　　Since 2019, the central bank has been guiding the interest rate in the loan market to fall, thus solving the problem of financing difficulties for small and micro enterprises. At present, the interest rates of various types of deposits in banks are at a high level. In order to avoid narrowing the deposit-loan spreads, banks will lower the interest rates of various deposit products, including time deposits, large deposit certificates and structured deposits.

　　Liu Yinping pointed out that different types of banks have different capital pressures, and the progress and extent of interest rate reduction will be different. Large and medium-sized banks may take the lead in lowering the deposit interest rate, while small banks have great difficulty in raising deposits, and the reduction of deposit interest rate may be one step behind.

　　Impact 2

　　The average yield of bank wealth management will fall below 4% again.

　　Since last year, the bank’s wealth management yield has continued to fall, and at the end of December, the yield has rebounded. According to the data monitored by Rong 360 Data Research Institute, the average yield of bank wealth management products rose to 4.11% last week.

　　Liu Yinping said that the RRR cut will lead to loose liquidity, and most of the underlying assets of bank wealth management are fixed-income assets, and the yield of such assets will drop, so will the yield of wealth management products, which is expected to fall below 4% again in the short term. However, the impact of RRR cuts on the income of wealth management products such as equity, commodities and financial derivatives is uncertain, which may push some equity assets higher.

　　Impact 3

　　The average yield of the money fund will fall to the range of 2.4%~2.5%.

　　The monetary fund yield behind all kinds of baby financing has always been sensitive to changes in market interest rates. Since the end of November last year, the yield of money funds has continued to rise. According to the data monitored by Rong 360 Big Data Research Institute, the average yield of goods-based babies last week was 2.69%, a 39-month high.

　　Even if the RRR is not lowered, the funds will gradually loosen after New Year’s Day, and the yield of the money fund will also fall. Lowering the benchmark will further loosen the liquidity and accelerate the decline of the yield of the money fund. It is expected that the average yield will fall to 2.4%~2.5% in the short term.

　　Impact 4

　　Theoretically speaking, RRR cuts are good for the stock market.

　　After the RRR cut, there will be more funds in the market, and some of them will flow to the stock market. Moreover, the increase in corporate credit will help improve the operating conditions of enterprises. Theoretically, the RRR cut is good news for the stock market.

　　However, judging from the performance of the stock market after previous RRR cuts, the stock index has been mixed. Liu Yinping pointed out that there are many factors affecting the stock market, including policies, economic environment, the development of all walks of life, market confidence and so on. Today is the first working day after the RRR cut, and all major stock indexes rose in the morning, so it seems that the market confidence is sufficient.

　　Text/reporter Cheng Wei

　　related news

　　A-shares welcome the new year and make a good start. The net inflow of northbound funds exceeds 10 billion.

　　(Reporter Liu Shenliang) A shares ushered in a good start in 2020 yesterday, and the three major stock indexes strengthened across the board. The Shanghai Composite Index once approached the 3100-point integer mark, and the Shenzhen Component Index and the Growth Enterprise Market Index rose nearly 2%. The total turnover of the two cities was 751.5 billion yuan, the industry sector closed up across the board, technology stocks led the gains strongly, and online celebrity live broadcast concept stocks continued to rise.

　　Specifically, the Shanghai Composite Index closed up 1.15% to close at 3085.20 points; The Shenzhen Component Index rose 1.99% to close at 10,638.82 points; The growth enterprise market index rose 1.93% to close at 1832.74 points. The net inflow of northbound funds was 11.395 billion yuan yesterday, which has been a net inflow for 32 consecutive trading days.

　　Citic Securities pointed out that the main macro factors that suppressed A-share earnings in 2019 will be significantly alleviated in 2020, and the fundamentals will stabilize and rebound under the counter-cyclical policy, credit expansion and replenishment. Under the macro-economic decisive victory, capital market reform and the recovery of corporate profits, A shares are expected to usher in a "well-off cow" for two to three years.

　　Xun Yugen, chief strategist of Haitong Securities, stressed that technology and brokers will become the leading industries in this bull market. The superposition of scientific and technological progress and policy dividends will promote the performance of the science and technology sector to rebound. With the arrival of the era of equity financing, with the diversification of business in the future, the performance of securities firms is expected to revive.

(Ada black, blue, red and orange four-color photo release)

　　A few days ago, Ada released a set of publicity photos with intellectual style. Four styles were monochrome-themed, and four colors of black, blue, red and orange appeared simply. Facing the camera, Ada showed a confident smile and was full of intellectual elegance. Earlier, she attended a brand endorsement event in Beijing, interacted enthusiastically with the audience, and sang a new song "Love Reuters Spring", which once caused riots on the spot. In the group interview after the event, Ada’s quick words were amazing, not only revealing the embarrassing incident of being blocked by fans in the toilet, responding to online controversial topics, but also revealing her weight and claiming to be fat, which made people sigh that the crew of "The War of Two Women" was closed for three months.
　　
　　When fans express their self-deprecation and are thick-skinned, filming encounters a big photo in front of the toilet.
　　
　　"I love diving very much, and then leave a message for others." The first question thrown by the reporter is to let Ada read a blog post @ Ada that was just searched out on the Internet. The netizen in the article made a disgusting confession to Ada and asked Liu Yanjie if he didn’t mind his fat. "I just found this myself. It depends on where his fat grows. I don’t know him, but thank him for his love for me." Seeing that netizens sang for themselves and sent their own selfies, Ada ridiculed: "This piece is eight pounds, and the side looks quite like me!" Anyone familiar with Ada knows that Ada often dives online, and from time to time, she replies to fans, leaving messages to netizens, which surprises people, so that fans who are used to her hobby often leave messages online actively, expecting Ada’s "flirting", and once she replies, she shouts that she has been "flipped" by the goddess. For this kind of behavior, Ada laughed and said that he was also enjoying it. He also said that he was actually very cheeky, and no matter what netizens said, he rarely felt embarrassed.
　　
　　But it is this Liu Dadan who claims to be cheeky, but he has encountered embarrassing things in the crew. Ada revealed that when filming "The War of Two Women" in Shanghai, the conditions were difficult, and changing clothes was often done in a small tent that could only accommodate one person. If you encounter clothes with zippers on the back, you should turn your back to the tent door and ask the dressmaker to reach in and help. But what embarrassed her was that she once filmed in the street and met a group of middle school students who rode bikes for an outing. Although they were educated youth, the students quickly recognized Ada and began to chase after him by bike, so Ada got on the prop bike of the crew and started running all the way. After getting off the bus, Ada was shocked. She was a little embarrassed because her little friend for an outing persevered in chasing after her all the way, because her original intention was not to avoid the onlookers, but to take a three-minute leave with the crew and rush out to go to the toilet. "I really wanted to go to the toilet. I was wearing a costume and riding and riding with two very rustic braided hair. They chased and chased, hahahahahaha. Finally, I took photos with them at the door of the toilet, which was a little embarrassing." Speaking of this episode, Ada is also very happy and affectionate.
　　
　　Just after making the media reporters laugh, Ada suddenly put away his smile and said seriously, "In fact, I like to search for my own news, not narcissism, but I like to search for photos that I was photographed while filming or hosting. I will see what kind of person Ada is from their perspective. Some people say that I love being black, I am not being black, I am really telling the truth, I am not perfect. "
　　
　　Respond to the variety show and say: I just really want to win and don’t want to disappoint my friends.
　　
　　Since her debut, Ada, who is riddled with topics, has inevitably encountered very spicy questions in every interview, and her every move, no matter what the original intention is or under what circumstances, will attract a lot of disputes. In the variety show "The Chamber of Stars" broadcast not long ago, Ada took advantage of the opportunity that Sun Jian gave up, allied with Zhou Mi, and PK lost Xie Yilin, and finally won the championship of the current program. Once the program was broadcast, it was criticized by netizens. Many netizens went to Ada’s personal homepage to leave a message questioning. For a time, Ada was portrayed as a scheming woman with great talent.
　　
　　In this group interview, a reporter did throw out this hot question and asked Ada to respond to the online scheming. "I’m actually aboveboard, but I can understand why people say I’m scheming, because people are not satisfied with me and Zhou Mi League PK Xie Yilin. In fact, I did that because I really wanted to win, because that was the chance that Sun Jian gave me at the expense of himself. How can I not cherish it and not fight? As for the alliance, Zhou Mi squeezes out Xie Yilin, it is really because Zhou Mi and I are friends, and of course we will choose to ally with him. I also know why women are embarrassed, and I also appreciate Xie Yilin in private. " Ada replied.
　　
　　Despite the constant controversy, Ada’s popularity in the circle in recent years is obvious to all and undeniable. It seems that no matter how the outside world slanders this woman and throws dirty water on her, it is just paving the way for her popularity. Talking about the reason, Ada said: "That’s because my charm comes from my diligence, and I have positive energy."
　　
　　Married before the age of 35 like Jay Chou, then who, waiting for me to come to you?
　　
　　Good things happened in the entertainment circle in November, and Wong Cho Lam proposed marriage successfully, ending the long-distance running of love; Gao Yuanyuan married Taipei, Mark Chao, and became the perfect spokesman for the love between brother and sister. Ada, who became best friends with Gao Yuanyuan in last year’s hit TV series "Let’s Get Married", was also invited to the wedding. Unfortunately, she was tied up with work and could not go. Naturally, Ada’s lifelong event has become a topic of common concern to the media and fans, and it is also a question that she has been asked repeatedly.
　　
　　"I’m sure I still think about feelings. I hope to get married before the age of 35, just like what Jay Chou said about getting married at the age of 35. I still have a little time, so I’ll refuel. "Ada, who just spent his 34th birthday in Pancake Man, claimed to be married before the age of 35, probably because he realized that the task was arduous and the time was short. In the end, Ada himself could not help laughing. Despite this, she still released her brave words to the future Mr.Right: "You wait, I will come to you." Although this person hasn’t been around, Ada doesn’t feel lonely. "I have my Ada studio, which was just set up two months ago, and then I have my own new game studio. There are many friends around me. The person who is missing is of course better. " It seems that Ada, who keeps saying that she hates to marry, has put more thoughts and fun into her work.
　　
　　Ada, who has always been called "Liu Dadan", often speaks amazingly. His views on many things can be described as a burst of blood, and he also exposes himself from time to time, which makes people feel ashamed. "I won’t go on a diet. I’m really a fat girl among actresses in the entertainment industry, and I’m not afraid to reveal my weight. The last time I weighed it, I seemed to weigh 102, and I was only 163. I really should have hit the wall and died. But I don’t recommend girls to go on a diet. "

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(Ada black, blue, red and orange four-color photo release)

　

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Qilu Net Lightning News April 17 th　On the afternoon of April 14th, an insider told reporters that a QQ group named "Peanut Shield College Group No.62" was broadcasting a live video of cat abuse. Subsequently, the reporter joined the group as a "cat abuser".

After joining the group, the reporter found that the live broadcast in the group had ended. The group is set to "all staff are forbidden to talk", and only the administrator "Cat Music" will release some cat abuse videos from time to time, saying that one video is "the work of Fan Ge, who is very popular on the Internet recently".

Shortly after joining the group, a group member named "Cat Slave Will Die" added a reporter as a friend, asked the reporter how to find the group, and told the reporter very cautiously that now "Cat Slave is strict in checking, and they all put their ID cards at the head of the group".

The reporter observed in the group that new members were constantly joining the group. In just a few hours, the number of people in the group increased from 36 who just joined the group to 61. During the group, some members added reporters as friends and asked if there was a "cat abuse video" for sale.

On April 15th, the administrator Cat Music released a message again, saying: "In the afternoon, the live content of WeChat group will be forwarded synchronously." However, in the afternoon, when the reporter opened the group again, he found that "the group has been closed due to related violations".

The reporter’s online inquiry found that as early as June 2018, there were media reports that the QQ group named "Peanut Shield College" gathered a large number of cat abusers and took pleasure in killing cats. The group was closed at that time.

Lightning journalist Wang Leitao and Zhang Yu report