Song Joong Ki was changed for the "Korean Restraint Order"? Agency: I haven’t heard of the play.

Recently, Taiwan media revealed that Song Joong Ki’s "The Legend of the New Shu Mountain Swordsman", which was invited by the mainland for 100 million RMB, was ruined due to the "Korean Restriction Order". According to a report by Taiwan Province United News Network on the 5th, on the same day, Blossom Entertainment, a brokerage company owned by Song Joong Ki, came forward to refute the rumor: Blossom said that Song Joong Ki did receive many invitations for mainland works, but no cooperation was confirmed. They had never heard of The Legend of the Swordsman in New Shushan, and did not ask for RMB 100 million.

Song Joong Ki (data map)

Recently, cultural exchange or cooperation projects between China and South Korea have been interrupted one after another. Some TV dramas filmed by Korean artists in China were suddenly notified before they were about to air, and some TV dramas originally planned by Korean directors were postponed indefinitely. The market value of Korean entertainment companies has also plummeted. The market value of JYP, CJ, SM and YG has evaporated by a total of 361.5 billion won, or about 2.15 billion yuan.

Since "Descendants of the Sun" became a "national husband" in Asia, Korean star Song Joong Ki has not only been waved by advertisers, but also been strongly invited to star in many TV dramas in China. Earlier, there were rumors that the mainland TV series "The Legend of the Swordsman in the New Shushan Mountain" offered 100 million yuan to invite him to play, but it was ruined because of the recent "Korean restrictions".

Stills of Song Joong Ki’s Descendants of the Sun

On the morning of the 5th, Blossom Entertainment, a company owned by Song Joong Ki, clarified that Song Joong Ki decided not to appear in the play. They had never heard of The Legend of the Swordsman in the New Shushan Mountain, and even did not ask for RMB 100 million: "Song Joong Ki only wants to concentrate on filming at present, and will not accept new works for the time being, which has nothing to do with other events."

Blossom stressed that when Song Joong Ki receives any work, he will put the content of the work first, and will not talk about remuneration first. Song Joong Ki is now concentrating on the film Warship Island, and will not take on other works this year.

In addition, the film "Lies Sicily" co-produced by LEE JOON GI, Han Xing, Ehan Juan and Zhou Dongyu will hold its Beijing premiere on the 7th. Recently, it was reported that LEE JOON GI’s work permit was handled very slowly, so this trip may not be possible. On the 5th, the LEE JOON GI brokerage company said that it had obtained the visa and would appear in Beijing as scheduled on the 7th for publicity.

LEE JOON GI

Since 129,800, Jietu Shanhai L7 has been officially launched, equipped with a 1.5T plug-and-mix system.

Recently, it was officially launched, and four models were launched, with a guide price of 129,800-159,800 yuan and a 1.5T plug-in system.

In terms of appearance, the current design style is adopted, the front face is designed with a penetrating light strip, and the front surrounding air inlet is designed with a grid.

The side of the car body and the outside of the window are surrounded by chrome trim. Color matching five wheels are very tense. In terms of size, the length, width and height of the new car are 4749/1900/1720 mm and the wheelbase is 2745 mm, which is positioned in a medium-sized SUV.

In the aspect of tail modeling, the through taillight design with vertical light bars is adopted.

In terms of interior, the central control adopts a double 12.3-inch integrated screen design, and the central control adds a painted decorative board. The square air conditioning outlet is very exquisite in shape.

In terms of practical functions, the new car is equipped with HiCar, panoramic image, keyless entry of the main driver, wireless charging of the mobile phone and other functions.

In terms of power, Jietu Shanhai L7 is equipped with a plug-in hybrid power system consisting of 1.5T+ single motor. The maximum power of the engine is 115kW, the maximum power of the single motor is 199KW, and the CLTC pure electric cruising range is 120km.

Jietu Shanhai L7 is atmospheric in shape, very close to the people in price, outstanding in space performance and rich in internal configuration, so the overall cost performance is very high, and it is a plug-in SUV worthy of consideration by family users.

Seeing China with the River Pentium | Ecological Priority and Green Development Play the Song of the Yangtze River in the New Era

CCTV News:There are many rivers and rich water systems in China, which nourish Chinese children and witness the changes of time. Starting from today (October 1st), we will launch a series of reports on "Rivers Rushing to See China" in the context of ten rivers.

Today we will pay attention to the Yangtze River. The Yangtze River is the mother river of the Chinese nation and an important support for its development. Since the 18th National Congress of the Communist Party of China, the provinces along the Yangtze River have embarked on a road of high-quality development with ecological priority and green development.

Since the 18th National Congress of the Communist Party of China, the provinces along the Yangtze River have put the restoration of the ecological environment of the Yangtze River in an overwhelming position. At the source of Tuotuo River and Bande Lake, once herders became environmental protection volunteers to protect the biodiversity at the source of the Yangtze River. In the upper reaches, Yunnan, Sichuan and Chongqing have established a cross-provincial horizontal ecological compensation mechanism to jointly build an ecological barrier in the upper reaches of the Yangtze River; In the middle reaches, Hubei, Hunan and Jiangxi provinces promoted ecological joint defense and governance, and the green ecological corridor in the middle reaches of the Yangtze River was accelerated. In the downstream, the three provinces and one city in the Yangtze River Delta jointly do a good job in sewage outlet remediation to improve the ecological quality of transboundary water bodies in the basin.

In 2021, the proportion of excellent water quality in the state-controlled section of the Yangtze River basin was 97.1%, and the water quality of the main stream has reached Grade II for two consecutive years.

Recuperate. From January 1, 2021, the key waters of the Yangtze River Basin will be closed to fishing for ten years. 111,000 fishing boats and 231,000 fishermen were arrested and landed. In Xuejiawa, Maanshan, Anhui Province, Chen Lanxiang, who has been fishing all her life, put down her fishing net and boarded the Internet, and set up "Sanguniang Labor Service Co., Ltd." to drive the fishermen ashore to start businesses together. In 2021, the company paid a dividend of 7,000 yuan to each household of the fishermen.

Adhere to ecological priority and green development, and the golden waterway will be smoother. In 2021, the cargo throughput of trunk ports of the Yangtze River exceeded 3.5 billion tons, ranking first among inland rivers in the world.

The provinces and cities along the Yangtze River adhere to the drive of innovation, and a number of competitive and influential advantageous industrial clusters have accelerated their growth. Guizhou relies on abundant hydropower resources to build a big data industry; Sichuan and Chongqing continue to exert their efforts in automobile, electronic information and equipment manufacturing industries; Hunan’s advanced equipment, new energy and new materials industries have injected new kinetic energy into high-quality development; Shanghai, Jiangsu, Zhejiang and Anhui jointly built the Yangtze River Delta Science and Technology Innovation Community, jointly unveiled the Yangtze River Delta National Technology Innovation Center, and continuously promoted the deep integration of science and technology industries.

Roewe D7 is officially listed, with a price of 121,800 yuan.

Phoenix Auto News On the evening of November 8, D7, the first model of the brand-new "D family", was officially launched. The new car is positioned as a mid-to high-end new energy car, in which the listed equity price of D7 EV is 143,800-170,800 yuan; The listed equity price of D7 DMH is 121,800-141,800 yuan. See the table below for details:

From now on, consumers can lock up up up to seven sincere gifts, including inflation gift, financial gift, rejuvenation gift, purchase gift, quality assurance gift, flow gift and charging gift, by paying 1000 yuan deposit through official channels. Among them, the expansion gift for new users is up to 7 times the deposit expansion, and the renewal gift for old users is up to 5,000 yuan to replace the subsidy.

In terms of appearance, the double-car adopts a brand-new design language. As the D7 is the first new energy vehicle developed based on the nebula platform, it naturally adopts a fully enclosed front face without grille restrictions. The front face of D7 EV adopts a split light group, with a simple daytime running light in the upper part and an LED light group integrating far and near light in the lower part. The DMH model adopts the traditional integrated headlight layout, which has obvious changes compared with the pure electric version and incorporates more fuel vehicle design elements. On the side of the car body, the DMH version uses traditional door handles, and the EV version uses hidden door handles. In terms of body size, D7 has a length, width and height of 4890/1872/1510mm and a wheelbase of 2810mm.

In terms of interior, the new car adopts an environmentally-friendly cockpit, with white as the main color, and double 12.3-inch long LCD screens matched with a two-color stitching steering wheel. The D7 is equipped with a brand-new Zebra Intelligent Driving Machine System, which realizes the functions of multi-lingual, seamless hand-car navigation, automatic planning of long-distance charging, and effective reply of diverse voices.

In terms of power, the D7 EV adopts a drive structure, with a peak power of 155KW and a peak torque of 310N·m, and an acceleration of only 6.5 seconds. In terms of battery life, D7 EV is equipped with two Rubik’s cube batteries with different power, and the cruising range of CLTC can reach 510km and 610km respectively. The thermal efficiency of the 1.5T hybrid engine equipped in the DMH super hybrid system is more than 43%, the total motor power is 150kW, the total motor torque is 330 Nm, and the fuel consumption is 4.3L/100km. Under CLTC condition, its pure electric cruising range is 125km and its comprehensive cruising range is 1400km.

Rare! A-share sudden change

The market opened lower and went lower all day, and the three major indexes all fell more than 1%. The yellow-white time-sharing line of the index was obviously differentiated, and small and medium-sized stocks generally fell.

On the disk, power stocks opened higher, and Xichang Power had a daily limit. PCB concept stocks were partially active, with Kexiang shares and Tianjin Pulin trading daily. Digital currency’s concept stocks changed in the afternoon, and Zhaori Technology and Royal Bank Co., Ltd. had daily limit. On the downside, science and technology innovation board’s new shares were collectively adjusted. There was no increase in the sector, with science and technology innovation board’s sub-new, MR, brain-computer interface, e-commerce and other sectors leading the decline. On the whole, stocks fell more and rose less, and nearly 5,000 stocks in the whole market fell.

At the close, the Shanghai Composite Index fell 1.17%, the Shenzhen Component Index fell 1.55% and the Growth Enterprise Market Index fell 1.39%. The turnover of Shanghai and Shenzhen stock markets today was 695.6 billion, 76 billion more than the previous trading day.

01Market value "one brother" rarely changes hands.

Today, the three major A-share stock indexes fluctuated and fell, closing down more than 1%, and all major industry sectors fell.

It is worth noting that,The position of the "first brother" in market value has changed hands today.. Under the influence of the continuous decline in Feitian wholesale price, Kweichow Moutai, the "first brother in the original market value", opened lower by more than 3% today. Although it finally turned red, its total market value has been overtaken by ICBC and relegated to second place.

picture

Specifically,As of the close of June 24, there were only 8 A-share stocks with a total market value (A-share and Hong Kong-share market values calculated separately and added) above 1 trillion yuan.Among them, ICBC rose more than 1% today, and with the market value of Hong Kong stocks, the total market value has reached 1.86 trillion yuan, surpassing the 1.85 trillion yuan of Kweichow Moutai, becoming the new "first brother" in market value.

It is reported that the market value of Kweichow Moutai surpassed that of Industrial and Commercial Bank of China, reaching the top of the A-share market on June 20, 2020, and has maintained the top position of the A-share market value since then. That is to say,After a lapse of four years, ICBC regained its position as the "market value leader" of A shares.

Kweichow Moutai also has the latest response to recent market doubts.A related person from the investor relations department of the company said that it has paid attention to the fluctuation of stock price. At present, the production, operation and marketing of the company are normal, and the fluctuation of stock price is still due to market reasons.

For Feitian Maotai bulk bottles, the reference price dropped to around 2100 yuan.Are there any price stabilization measures?The person said that the company has paid attention to this issue and will take corresponding measures, but did not disclose what specific measures will be taken. with regard toWhether to cancel the whole container delivery of 12 bottles of Feitian Maotai?The above-mentioned person said that it needs to be verified. For the stock price decline, the companyWill you consider measures such as repurchase?The above-mentioned person said that these major issues involving the company need to be announced, and there is no specific news before the announcement.

On the whole, the recent continuous adjustment of the market, the differentiation of industry sectors and the flight of market funds have intensified intraday fluctuations, and short-term emotional fluctuations have a greater impact on the market.Jufeng Investment Gu Zhu Hualei believes that the market has continued to weaken recently, the market center of gravity has been moving down, the plate has risen and fallen, and the persistence of hot spots has weakened, and the market has a wait-and-see moodRising, under the overall correction of the market, the defensive mood in the field is prominent.

In the short term, the downward trend of the market may continue, and the stock index may continue to explore for technical support. Moreover, the market stock capital game, the frequency of plate rotation and hot spot switching is faster, and the difficulty of market participation is greatly enhanced. Therefore,Investors are advised to wait and see in the short term and wait patiently for the follow-up market to stop falling and stabilize.

02Science and technology innovation board ushered in new changes.

It is worth noting that in the recent weak market situation,There have been some new changes in A-share science and technology innovation board, and it has already met the first condition of strength.

Under the general framework, a board moves cattle, mainly from two driving forces: one is epitaxial growth, and the other is endogenous growth. Judging from the current situation, science and technology innovation board’s epitaxial growth drive is already available.-On June 19th, the CSRC issued "Eight Measures on Deepening science and technology innovation board’s Reform, Service, Scientific and Technological Innovation and Development of New Quality Productivity". The document specifically mentions greater support for mergers and acquisitions. Support listed companies in science and technology innovation board to carry out mergers and acquisitions in the upstream and downstream of the industrial chain. Improve the inclusiveness of M&A and restructuring valuation.

With the support of policies,Two science and technology innovation board companies took the lead, and the long-dormant M&A market became active.

First, Naxinwei intends to acquire McGovern.79.31% of the shares.

According to the announcement, Suzhou Naxin Microelectronics Co., Ltd. intends to acquire 62.68% shares of Shanghai McGoen Microelectronics Co., Ltd. directly held by Shanghai Sirui Technology Co., Ltd., and intends to acquire 5.60% shares of McGoen indirectly held by Sirui Technology through Shanghai Lairui Enterprise Management Partnership (Limited Partnership) in cash, for a total of 68.28% shares of McGoen, with a total purchase consideration of 682.8216 million yuan.

The company intends to acquire 13.51% of the total contribution of Shanghai Lairui held by Zhu Jianyu and Jie Jiang in cash (corresponding to 2.37% of the shares held by McGoen), and 43.82% of the total contribution of Shanghai Liuci held by Jun Fang and Wei Shizhong (corresponding to 8.66% of the shares held by McGoen) in cash, with a total purchase consideration of 110,301,200 yuan.

After the completion of this transaction, the company will directly and indirectly hold 79.31% of the shares of McGovern, of which 68.28% will be directly held, and 11.03% will be indirectly held through Shanghai Lairui and Shanghai Liuzi, which can determine the appointment of more than half of the board members of McGovern, and McGovern will become a holding subsidiary of the company and be included in the consolidated statements of the company.

Affected by the news, in the early morning of June 24, Naxinwei rose by over 11%, reaching a maximum of 131.42 yuan/share, with a closing increase of over 4%.

Second, Xinlian Integration plans to acquire 72.33% equity of Xinlian Yuezhou.

According to the announcement, the company intends to purchase 72.33% equity of Xinlian Yuezhou held by 15 counterparties, including Binhai Xinxing and Yuanzhi No.1, by issuing shares and paying cash. After the completion of this transaction, Xinlian Yuezhou will become a wholly-owned subsidiary of the listed company, and the shareholders’ equity of Xinlian Yuezhou will be 100% included in the merger scope of the listed company. Through this transaction, the listed company’s control over Xinlian Yuezhou is further enhanced. In the future, it will take advantage of the listed company’s technical advantages, customer advantages and capital advantages to focus on supporting the development of silicon carbide, high-voltage analog IC and other businesses, and better implement the company’s overall strategic deployment.

Affected by this, in the early morning of the 24th, the core integration rose by more than 6%, reaching a maximum of 4.28 yuan/share, and closed up by more than 3%.

Market analysts believe that,Judging from previous A-share bull markets, extensional growth is indispensable. At present, science and technology innovation board is clearly ahead.More and more listed companies are expected to improve asset allocation through mergers and acquisitions, stimulate market vitality and promote the vigorous development of the M&A market. However,The current market may still be an endogenous drive away from cattle.After all, all high-quality M&A activities need the support of high-quality assets.

03A-share "seven turnovers" can still be expected.

Finally, return to the follow-up trend of the A-share market.

After experiencing the decline in May and June, with the approach of July, the market is paying more and more attention to the calendar effect of "turning over from poverty to poverty". Whether it can "turn over" in July has become the focus of investors’ recent attention. Many institutions have also made judgments on this.

From the perspective of fundsIn the near future, the volume can drop, the consumption core assets drop to a low level, the assets at both ends of the attack and defense switch (dividend →A50, export chain → technology), or the market is still looking for new expected differences and main lines under the expectation of weak fundamentals.From the valuation point of viewAt present, the all-A risk premium approaches the upper edge of the corridor with a standard deviation of ±1.5x, and the implied real estate /M1 expectation may have been substantially overshooted.From a policy perspectivePositive clues such as the follow-up financial pulse (about three quarters ahead of M1 year-on-year, and the financial strength has picked up since the fourth quarter of last year) will gradually emerge.

Therefore,Huatai Securities believes that under the guidance of funds, valuation and policies, the "seven-turn" market may still be expected under the background of low market expectations.We will continue to pay attention to the incremental policies of the Third Plenary Session and Politburo meeting of the Chinese Communist Party in July.

In terms of specific configuration,Huatai Securities suggested that the winning rate should be maintained in the medium term, and A50 assets may be the optimal solution for the bottom position.

Pay attention to three configuration clues:① Under the pressure of macro supply and demand, the industrial giant represented by ——A50, which keeps the ROE center stable by virtue of its own ability improvement but the market is priced down the ROE, has the value of cutting positions; ② At the industry level, the mass consumption leader represented by household appliances/food and drink/logistics/publishing also has the above characteristics; (3) Based on the inventory cycle and production cycle, tap the industries with two-way improvement of supply and demand-consumer electronics/panel/shipping/light industry, etc.

Putin’s speech emphasizes "mutual love" between Russia and Europe, and Russian experts: It has a very obvious color of reconciliation.

  [Global Times reporter Yin Xinyu Liu Zhi] "Putin sends a positive signal to Western countries." On 27th, Russian President Vladimir Putin delivered a speech at the World Economic Forum’s "Davos Agenda" video dialogue for the first time since 2009. Russian media said that western countries thought Putin would make tough remarks. Unexpectedly, he emphasized "mutual love" with western countries and remembered the unity of Russian and European civilizations. According to the Russian "Channel One" website reported on the 28th, Russian political scientist Andrei Korobkov analyzed that Putin’s speech "has a very obvious color of reconciliation". "This is the first time that Putin has appeared in this forum in 12 years. Putin reached out and handed an olive branch and expressed his willingness to cooperate with Europeans. "

  According to the Russian Tass news agency, Putin stressed in his speech on Russia-Europe relations on the 27th that he hoped to establish a dialogue with Europe, "but love must be mutual". The present situation of Russian-European relations is "obviously abnormal", and Russia and Europe should unite and cooperate in each other’s interests. Putin said that from an economic point of view, Europe and Russia are natural partners. The two sides need to talk honestly, get rid of the fear of the past, get rid of the problems left over by the past few centuries and look forward to the future. If we can get rid of past problems and fears, the relationship between the two sides will definitely enter a positive stage. 

  In addition to shared values, Putin also pointed out the common threat facing the world: in the context of the spread of the COVID-19 epidemic, social division is intensifying all over the world. He warned: "The world situation may develop in an unpredictable and uncontrollable direction, and it may encounter a real collapse, full of struggles between everyone and everyone." Putin compared the current situation to the world in the 1930s, that is, on the eve of World War II. He said that the global security system is deteriorating, and the negative consequences of social and value crises may make mankind lose the entire civilization and cultural continent. "Our common responsibility today is to avoid this frustrating dystopian prospect and ensure development along another positive, harmonious and innovative track." Putin said that the world should unite against Covid-19 and help relevant countries, including Africa, expand the scale of testing and vaccination in Covid-19. In his speech, Putin emphasized that the era of trying to establish a unipolar world is over. He said that the unipolar world "such a monopoly violates the cultural and historical diversity of our civilization."

  Russian political analyst Alexander Lal commented that the unipolar world dominated by the United States is unbalanced, and a strong Europe is an important fulcrum for the stability of a multipolar world in the future. A more independent Europe will help to establish a common economy, a common culture and a common foreign policy circle from the Atlantic to the Pacific.

  In addition to Russia-Europe relations, Russia-US relations have also seen new trends recently. Putin held a telephone conversation with the new US President Biden on 26th, and reached an agreement on extending the New Strategic Arms Reduction Treaty. According to the information provided by the Kremlin Information Office, the Russian dollar also discussed the possibility of cooperation in the fight against the COVID-19 epidemic and other fields, including economy and trade.

  So will the relationship between the new US government and Russia improve? According to reports from Sputnik news agency & radio, Russian Presidential Press Secretary peskov said on 27th that there is no need to talk about resuming relations with the United States at present, and there is no condition to do so. He said that Putin and Biden said during the talks that there were serious differences between the two countries, but the two sides advocated continuing the dialogue. Peskov said that the factors affecting Russia-US relations are not isolated, and there are "many obstacles".

  In addition, Putin also stressed that one of the most important, urgent and unpleasant issues on the current international agenda is the attack on the Capitol by former US President Trump supporters on January 6. Putin warned the international community that IT companies have huge political power, which may damage national sovereignty and power. It is necessary to be cautious about such companies, otherwise they may destroy "the real world and the virtual world."

  At the same time, the 27th is the anniversary of the victory of Leningrad Defence War and the anniversary of the victims of the Holocaust. Russia’s "Viewpoint" reported on the 28th that after the World Economic Forum’s speech, Putin went to Alexandria Garden to present flowers to the heroic city Leningrad Monument. He also visited the Russian Memorial Hall of the Great Patriotic War and watched a film about World War II. Putin said in a speech at the "Guardian of History" memorial party, "We will never forget the suffering of millions of innocent people who were tortured in Jewish settlements and concentration camps, died of hunger and cold during the siege of Leningrad, were shot by those who were punished and burned their homes. Commemorating the Jewish Holocaust is the biggest tragedy and the scariest chapter in the annual commemoration of world history, which is of great moral significance to our society. This is very important for determining the truth about World War II. " Putin emphasized the role played by Soviet troops in saving Jews and people in other European countries from extinction, and Russian State Duma Chairman Volodin also called on people to remember the Holocaust and resolutely stop attempts to tamper with the history of World War II.

On the Traffic Development of China in the Past 40 Years of Reform and Opening-up

  Hu Xijie, former Vice Minister of Communications and former General Manager of China International Engineering Consulting Co., Ltd.

  Zhao Xufeng of China International Engineering Consulting Co., Ltd.

  Transportation is a basic, leading and strategic industry and an important support and strong guarantee for economic and social development. Over the past 40 years, China has adhered to the basic national policy of reform and opening up, and has made unprecedented achievements in terms of transportation infrastructure scale, transportation service quality, technology and equipment, as well as the transformation of development concepts, institutional innovation and market-oriented development, creating the "China Speed" and "China Model" that attract worldwide attention in the world transportation history.

  First, 40 years of rapid development of transportation.

  From the "bottleneck" restriction in the early days of reform and opening up to the current adaptation to economic and social development, transportation productivity has been greatly liberated and developed.

  (1) Infrastructure ranks among the top in the world.

  In the 40 years of reform and opening up, China’s transportation infrastructure construction has made great achievements, and various modes of transportation have achieved rapid development. The mileage of high-speed railways, expressways, urban rail operations and the number of 10,000-ton berths in ports rank first in the world, and the number of airports and pipeline mileage rank first in the world, which has become an important support for socialist modernization.

  1. Modern high-speed railway network

  At the beginning of reform and opening up, the mileage of China’s railway network was only 51,700 kilometers. At the end of 2003, the scale of China’s railway network reached 73,000 kilometers, an increase of about 20,000 kilometers in 25 years. The Medium and Long-term Railway Network Planning was implemented in 2004, and China’s railways entered a stage of rapid development. The Qinghai-Tibet Railway with the highest altitude in the world was completed in 2006, and China’s first high-speed railway — — The Beijing-Tianjin intercity railway opened in 2008, which opened the prelude to the era of high-speed rail in China. The Beijing-Shanghai high-speed railway, which was completed and opened to traffic in 2011, has the highest commercial operation speed and the longest mileage in the world.

  Since the 18th National Congress of the Communist Party of China, China’s railways, especially high-speed railways, have developed rapidly. The operating mileage of high-speed railways has increased from 0.97 thousand kilometers in 2012 to 25 thousand kilometers in 2017, an increase of 1.58 times. In 2017, Fuxing, which has completely independent intellectual property rights, ran on the vast land of the motherland. China’s high-speed railway has achieved a leap-forward development from scratch to the first in the world in a short time, and has become a bright business card that shines in the world. By the end of 2017, the national railway operating mileage was 127,000 kilometers, including 25,000 kilometers of high-speed rail, accounting for two-thirds of the world’s high-speed rail. The main channels of "four vertical and four horizontal" high-speed rail were all connected ahead of schedule, and the high-speed rail covered more than 65% of cities with a population of one million. At present, China has the most modern railway network and the most developed high-speed rail network in the world.

  2. Highway network extending in all directions

  In the 40 years of reform and opening up, China’s highway construction has made rapid progress. In 1978, the total mileage of highways in China was 890,000 kilometers, and the highway density was 9.27 kilometers/100 square kilometers. In 1988, the first expressway — — The Hujia Expressway was completed and opened to traffic. By the end of 2012, the national expressway mileage had reached 96,200 kilometers.

  Since the 18th National Congress of the Communist Party of China, China’s highway construction has made brilliant achievements. The total mileage of highways has increased by 530,000 kilometers, and the number of expressways has increased by 40,000 kilometers. The expressways cover 97% of cities with a population of 200,000 and administrative centers at the prefecture level. The highways above the second level reach 96.7% of counties, 99.99% of townships (towns) and 99.98% of villages. By the end of 2017, the total mileage of national highways was 4,773,500 kilometers, and expressways ranked first in the world with a mileage of 136,500 kilometers. The national highway network density reached 49.72 kilometers/100 square kilometers. In the past 30 years, China’s expressway development has attracted worldwide attention, creating a miracle in the world expressway history.

  3. Super Bridge and Tunnel Project

  With the extension of traffic mileage, the record of "longest, highest and largest" has been written into the history of bridge and tunnel construction in the world, and "China Bridge and China Tunnel" has become a new brand to show the image of China.

  At present, there are 5 and 6 longest-span suspension bridges and cable-stayed bridges in the world, respectively. In recent years, China has successively built a number of world-class long-span bridges such as Donghai Bridge, Jiangyin Yangtze River Bridge, Hangzhou Bay Cross-sea Bridge, Runyang Yangtze River Bridge, Sutong Bridge and Hong Kong-Zhuhai-Macao Bridge. Hong Kong-Zhuhai-Macao Bridge is the longest sea-crossing bridge in the world. Beipanjiang Bridge is the tallest bridge in the world. Dasheng Guangong Railway Bridge is the world’s first six-line railway bridge, and the double-span multi-arch railway has the largest span in the world. The Wufengshan Yangtze River Railway Bridge under construction has a main span of 1,120 meters, ranking first among suspension bridges in the world. The Hutong Yangtze River Bridge under construction will become the world’s first cable-stayed bridge with a span of more than 1000 meters.

  In terms of tunnel construction, in recent years, China has successively built a number of the best in the world: the longest double-hole expressway tunnel in the world — — Zhongnanshan Tunnel in Qinling Mountains, the largest diameter shield tunnel in the world — — Shanghai Yangtze River Tunnel, the highest highway tunnel in the world — — Queershan Tunnel on Sichuan-Tibet Line, the longest plateau railway tunnel in the world — — Xinguanjiao Tunnel of Qinghai-Tibet Railway, the highest high-speed railway tunnel in the world — — Qilian Mountain Tunnel, the largest road tunnel in the world — — Gongbei Tunnel of Hong Kong-Zhuhai-Macao Bridge, the longest submarine immersed tunnel in the world — — Immersed tunnel of Hong Kong-Zhuhai-Macao Bridge.

  4. Advanced large-scale ports

  In 1978, there were 735 production berths in China’s major ports, including 133 deep-water berths of 10,000-ton and above, and there were no berths of 10,000-ton and above in inland rivers. After 1985, large-scale and specialized ports entered a stage of rapid development; By 2012, there were 31,862 berths for production terminals in ports across the country, including 1,886 berths of 10,000-ton class and above (369 for inland rivers).

  Since the 18th National Congress of the Communist Party of China, the intelligent level of China’s ports has obviously accelerated, with 480 berths above 10,000 tons increasing, with an average annual increase of 96 berths, and 133 berths above 100,000 tons increasing. By the end of 2017, the national ports had 27,578 berths for production, including 2,366 berths of 10,000-ton class and above (418 inland rivers). The fully automated container terminal in Yangshan Port Area of Shanghai Port, which was put into operation in 2017, is the largest and most automated container terminal in the world. At present, seven of the top ten ports in the world are located in China. In 2017, Shanghai Port ranked first in the world with a throughput of 40.3 million TEUs, Shenzhen Port, Ningbo Zhoushan Port and Hong Kong Port ranked third, fourth and fifth, and Guangzhou Port and Qingdao Port ranked seventh and eighth. China’s modern large-scale ports play an important role in the construction of the Belt and Road Initiative.

  5. Smooth golden waterway

  Since the reform and opening up, China’s inland waterways, such as the Yangtze River trunk line, the Beijing-Hangzhou Canal, the Xijiang River and the Xiangjiang River, have been systematically and comprehensively managed. Since 1982, China has been renovating the waterway of the Beijing-Hangzhou Canal. From Jining, Shandong Province to Hangzhou, Zhejiang Province, 500-ton ships can be navigable, and some sections of northern Jiangsu Province can be navigable with 1,000-ton fleets. At the end of 1990s, the Yangtze estuary deepwater channel regulation project started construction, which is by far the largest and most complicated estuary regulation project in the world. It was successfully completed in 2010. The 12.5-meter deepwater channel from the Yangtze estuary to Taicang was fully connected, and the cargo throughput of Shanghai Port and Jiangsu ports along the Yangtze River increased rapidly. The cargo volume passing through the Yangtze estuary increased from 220 million tons in 2000 to 1.02 billion tons in 2012. At the end of 2012, the navigable mileage of inland waterways nationwide was 125,000 kilometers, including 9,894 kilometers of third-class and above waterways.

  Since the 18th National Congress of the Communist Party of China, relying on the golden waterway of the Yangtze River to promote the development of the Yangtze River Economic Belt has become a major national strategy. The construction project of the 12.5-meter deep-water waterway below Nanjing of the Yangtze River was started, which was completed and put into operation in April this year. It can realize the full navigation of 50,000-ton and above ships from Nanjing to the estuary of the Yangtze River, and push the seaport further inland, which is equivalent to an increase of nearly 800 kilometers of coastline, and realize the river-sea combined transport of the golden waterway in China on a large scale. At the same time, China has accelerated the waterway regulation project of Jingjiang reach in the middle reaches of the Yangtze River and the waterway from Chongqing to Yibin in the upper reaches. The Yangtze River has become the world’s largest and busiest navigable river. The waterway regulation project from Xijiang Jietou to Zhaoqing has been completed, so that 2000-ton ships can directly reach Guigang, Guangxi, and the capacity expansion and upgrading project from Xijiang Jietou to Zhaoqing will continue to be implemented, so as to achieve the goal of navigation for 3000-ton ships. The renovation project of the Beijing-Hangzhou Canal (Zhejiang section) has also been started, which will realize the direct connection of 1,000-ton ships from Shandong to Hangzhou.

  6. Wide coverage of civil aviation

  With the great historical process of China’s reform and opening up, China’s civil aviation has developed from a militarized industry to a modern air transport system that plays an important role in national economic and social development. In the early days of reform and opening up, China’s civil aviation was subordinate to the Air Force, with 78 civil airports. After the reform of management system in 1980, the civil aviation industry made great progress. By the end of 2012, there were 183 civil aviation airports and 178 cities with scheduled flights.

  Since the 18th National Congress of the Communist Party of China, the number of civil aviation certification airports in China has increased by 46, with an increase of 25%. As a new power source for national development, the Capital New Airport has been successfully capped. By the end of 2017, there were 229 certified airports for civil aviation in China, including 228 airports for regular flights and 224 cities for regular flights, with a fleet of 3,261 aircraft and a mileage of nearly 7 million kilometers. Civil aviation services covered 88.5% of prefecture-level cities and 76.5% of counties in China. There are 784 international routes and 61 countries (167 international cities) with regular flights. In 2017, the passenger throughput of Capital International Airport was 95.79 million, ranking second in the world, Hong Kong International Airport and Shanghai Pudong International Airport ranked eighth and ninth respectively, and Guangzhou Baiyun International Airport ranked thirteenth. As an integral part of China’s comprehensive transportation system, air transportation has developed from a subordinate supplementary position to a popular means of transportation.

  7. Developed urban rail transit

  The construction of urban rail transit in China began from 1950s to 1970s, and until the end of 1980s, there were only 40km subways in Beijing and Tianjin. From the last century to the late 1980s and early 1990s, marked by the construction of Shanghai Metro Line 1, Beijing Metro Line 8 and Guangzhou Metro Line 1, China really started the construction of urban rail transit for traffic purposes. At the beginning of the 21st century, Beijing, Shanghai and Guangzhou have a total mileage of 105 kilometers. By the end of 2012, 70 rail transit lines have been opened in 17 cities in China, with an operating mileage of 2,064 kilometers, including 1,726 kilometers of subway lines.

  Since the 18th National Congress of the Communist Party of China, the operating mileage of urban rail transit in China has increased by nearly 3,000 kilometers, 2.4 times that of the end of 2012. By the end of 2017, 165 urban rail transit lines had been opened in 34 cities in China, with an operating mileage of 5,033 kilometers, including 3,884 kilometers of subway lines. Shanghai rail transit has a mileage of 732 kilometers, ranking first in the world; Beijing rail transit has a mileage of 685 kilometers, ranking second in the world; Guangzhou and Nanjing ranked fifth and sixth respectively. At present, the operating mileage and mileage under construction of urban rail transit in China rank first in the world.

  8. Vertical and horizontal interwoven oil and gas pipeline network

  In 1958, the first long-distance crude oil pipeline was built in New China. In 1978, the mileage of oil and gas pipelines in China reached 8,300 kilometers. With the reform and opening up, China’s major oil and gas fields have entered the peak of exploration and development, which has greatly promoted the construction of long-distance oil and gas pipelines and other storage and transportation facilities. At the end of 2012, the mileage of oil and gas pipelines in China reached 90,000 kilometers.

  Since the 18th National Congress of the Communist Party of China, the construction of oil and gas pipelines in China has been accelerated in an all-round way. By the end of 2017, 23,800 kilometers of crude oil pipelines and 26,000 kilometers of refined oil pipelines have been built nationwide. The total mileage of long-distance natural gas pipelines is nearly 74,000 kilometers (excluding provincial pipeline networks), reaching a total of 123,800 kilometers. The backbone oil and gas pipeline network basically constitutes the pattern of "transporting oil from the west to the east, transporting oil from the north to the south, transporting gas from the north to the east, transporting gas from the north to the south, transporting gas from Myanmar to the north, and landing by sea and gas", which has played an important role in ensuring China’s energy security and promoting China’s economic and social development.

  (B) the rapid growth of passenger and freight transport.

  In the 40 years of reform and opening up, both passenger traffic and freight volume have made great progress, which is not only an objective fact that the rapid economic and social development has driven huge transportation demand, but also an achievement that the rapid development of transportation infrastructure has greatly improved transportation capacity. At the same time, it is also a remarkable effect of the continuous reform and opening up of transportation to release productivity, and transportation has played a very important role in ensuring economic and social development.

  1. The quality of passenger transport has improved significantly.

  In 1978, the total passenger traffic in China was only 2.54 billion person-times, and the passenger turnover was 174.3 billion person-kilometers. With the economic and social development and the liberalization of the passenger transport market, the passenger traffic increased rapidly. By 2012, the passenger traffic in China reached 38 billion person-times and the passenger turnover reached 3,338.3 billion person-kilometers, which increased by 15 times and 19 times respectively compared with the initial stage of reform and opening up.

  Since the 18th National Congress of the Communist Party of China, the quality of Chinese tourists’ travel has been significantly improved, and the people’s sense of happiness and gain has been continuously enhanced. By the end of 2017, the passenger traffic of the whole society was 18.486 billion person-times, and the passenger turnover was 3,281.2 billion person-kilometers. With the rapid development of high-speed railway, the passenger volume of railway increased from 1.89 billion in 2012 to 3.08 billion in 2017, an increase of 63%, and the passenger turnover increased from 981.2 billion person-kilometers to 1,345.7 billion person-kilometers, an increase of 37%. The proportion of high-speed train emus reached 56.4%, and China’s railway passenger turnover ranked first in the world. With the continuous improvement of people’s living standards, the passenger volume of civil aviation increased from 320 million in 2012 to 550 million in 2017, an increase of 71.9%, and the passenger turnover increased from 502.5 billion person-kilometers to 951.2 billion person-kilometers, an increase of 89.3%. The proportion of civil aviation passenger traffic and passenger turnover increased to 3% and 29% respectively, and China’s civil aviation passenger turnover ranked second in the world.

  2. The freight efficiency is constantly improving.

  In the early days of reform and opening up, the total annual freight volume of the whole society was less than 3.2 billion tons, and the freight turnover was less than 1 trillion tons kilometers. With the economic and social development and the liberalization of the freight market, freight transportation has developed rapidly. By 2012, the freight volume of the whole society reached 41 billion tons, and the freight turnover reached 17,380.4 billion tons-kilometers. The freight volume and freight turnover increased by 12.8 times and 17.4 times respectively compared with the initial stage of reform and opening up.

  Since the 18th National Congress of the Communist Party of China, the freight volume of the whole society has increased by 15.2%, the freight turnover has increased by 10%, and the proportion of logistics cost in GDP has decreased from 18% in 2012 to 14.6% in 2017, a decrease of 3.4 percentage points. Transportation has further promoted the logistics industry to reduce costs and increase efficiency, which has played an important role in ensuring the quality and efficiency of the whole supply system. By the end of 2017, the freight volume of the whole society was 47.2 billion tons, the freight turnover was 19,258.8 billion tons kilometers, the road freight turnover accounted for 34.7%, the inland river and coastal freight turnover accounted for 7.76% and 14.8% respectively, the ocean freight turnover accounted for 28.6%, and the railway freight turnover accounted for 14%. China’s railway freight volume, road freight volume and turnover, port cargo throughput and container throughput all ranked first in the world. In recent years, with the rise of e-commerce, China’s express delivery industry has developed rapidly. In 2017, 40.056 billion pieces of express delivery were completed, ranking first in the world.

  3. Urban traffic is more convenient

  In the past 40 years of reform and opening up, with the rapid development of urbanization in China, China’s urban traffic has also achieved unprecedented development. At the end of 1980s, there were 61,400 buses and 114,000 taxis in China. In the past 40 years of reform and opening up, China’s urban public transport has developed rapidly, especially since the 18th National Congress of the Communist Party of China, new formats such as online car ride and bike-sharing have developed rapidly. By the end of 2017, there were 651,200 public buses and trams in China, of which 27.9% were natural gas vehicles, 13.2% were hybrid vehicles and 26.3% were pure electric vehicles. It has 1,395,800 taxis and completed 127.215 billion passenger trips in the city. In 2017, 34 cities across the country opened rail transit, with a total passenger volume of 18.48 billion passengers and a total passenger turnover of 151.5 billion person-kilometers.

  Two, 40 years of transportation reform and opening up practice

  The Third Plenary Session of the Eleventh Central Committee of the Communist Party of China held in December 1978 sounded the clarion call of reform and opening up and started the historical journey of reform and opening up. 40 years of unity, 40 years of hard work, 40 years of spring breeze and rain, China’s unswerving adherence to the basic policy of reform and opening up has promoted earth-shaking changes in China. The practice of 40 years of reform and opening-up has proved that "reform and opening-up is a key choice to determine the fate of contemporary China and an important magic weapon for the cause of the party and the people to catch up with the times in great strides".

  Persist in emancipating the mind and seeking truth from facts. General Secretary of the Supreme Leader pointed out: "The process of reform and opening up is the process of ideological emancipation." "The people of China persist in emancipating the mind and seeking truth from facts, realizing the mutual agitation between emancipating the mind and reform and opening up, and promoting the mutual innovation of ideas and practical exploration, which fully demonstrates the powerful power of ideological guidance." In 1978, Comrade Deng Xiaoping delivered a speech entitled "Emancipating the Mind, Seeking Truth from Facts, Looking Forward with Unity", which clearly supported the "discussion on the standard of truth". In 1992, Comrade Deng Xiaoping pointed out in his talk in the south that we should not dwell on the issue of "surname capital" or "surname society". "The criterion of reform and opening up mainly depends on whether it is conducive to developing the productive forces of socialist society, enhancing the comprehensive national strength of socialist countries and improving people’s living standards". It is the emancipation of the mind again and again that has enabled China’s economic and social development to gain new vitality and motivation. Practice has proved that without emancipating the mind and seeking truth from facts, there will be no breakthrough in reform and an open mind. The Third Plenary Session of the 18th CPC Central Committee pointed out that there is no end to the development of practice, the emancipation of the mind and the reform and opening up. This further clarifies the decisive role of the market in resource allocation.And made a decision to comprehensively deepen the reform, and pushed the theory of reform to a new breadth and depth.

  Adhere to the reform direction of market allocation of resources. The market-oriented reform of transportation is a main line running through the 40 years of transportation reform and opening up. In 1983, the Ministry of Communications put forward the reform policy of "everyone should take the boat when there is a river, and everyone should take the car when there is a road". "All departments, industries and regions should work together, and state-owned, collective, individual and various means of transport should go together", which broke through the shackles of ownership and allowed self-employed individuals to enter the transportation market, greatly promoting the development of transportation capacity and effectively alleviating the tension in transportation. In 1985, the railway carried out the "all-in-one contract". In 1986, the State Council approved the "Plan on Implementing the Economic Contract Responsibility System by the Ministry of Railways" by five ministries and commissions, and implemented the economic contract responsibility system of "building roads by roads". In 1993, the first joint-stock railway company — — Guangzhou-shenzhen railway Co., Ltd. was established and successfully listed in Hongkong and new york in 1996. In 1995, "Several Opinions on Accelerating the Cultivation and Development of Road Transportation Market" proposed to establish a unified, open and competitive road transportation system throughout the country. In 1996, the "Notice on Further Strengthening the Management of China’s Water Transport Market" proposed to promote the cultivation and improvement of the water transport market; The establishment of Shanghai Shipping Exchange is of great significance to standardize the trading behavior of shipping market, adjust market prices and deepen the reform of waterway transportation market. Since the 18th CPC National Congress,The transportation sector has accelerated the pace of market-oriented reform, actively promoted and deepened the "streamline administration, delegate power, strengthen regulation and improve services" reform, and effectively stimulated the vitality of market competition. In 2014, the Opinions of the Ministry of Transport on Comprehensively Deepening Transportation Reform focused on the main line of deepening reform, strengthened the top-level design, and deployed 42 reform tasks and more than 150 reform measures in terms of improving comprehensive transportation, establishing and improving the modern transportation market system, and transforming and upgrading transportation. In 2016, the Opinions on Further Deepening Civil Aviation Reform put forward 40 reform tasks in 10 aspects in the face of the new situation and new tasks of civil aviation development. In 2017, the Central Committee of the Communist Party of China and the State Council issued "Several Opinions on Deepening the Reform of Oil and Gas System", demanding that the fair access mechanism of oil and gas pipelines be further improved and the oil and gas pipelines be fair and open to third-party market players.

  Adhere to the reform direction of diversified investment and financing. In the past 40 years of reform and opening-up, the field of transportation construction has been constantly deepening reform in the direction of broadening financing channels and diversified investment. In 1984, the fifty-fourth executive meeting of the State Council approved and agreed to raise the collection standard of road maintenance fees, levy vehicle purchase surcharges, and allow "road repair by loan and repayment by charge". These three things have important historical significance, which have provided a stable source of funds for highway construction and an environment for accelerating development. In 1983, the Ministry of Communications put forward the principle of "who invests, who uses, who benefits" and encouraged cargo owners to invest in the construction of docks. In 1986, the state decided to levy port construction fees on the goods of 26 coastal ports, and implemented the policy of "keeping ports in Hong Kong, so that the income can offset the expenditure", and the port construction funds had a stable channel. During the Seventh Five-Year Plan period, China’s first joint venture railway — — Sanmao railway started construction. In 1992, the State Council approved the Notice of the State Planning Commission and the Ministry of Railways on the Development of Central and Local Joint-venture Railway Construction, which defined the development mode of the central and local joint-venture railway construction. In 1991, the railway began to levy a construction fund of 2% per ton kilometer, and the railway construction funds were basically guaranteed. Apart from the "one-nine-system" preferential treatment, civil aviation construction is also exempted from all other taxes.It has successively formulated regulations allowing local governments, domestic enterprises and private capital to invest in civil aviation enterprises and airports, and carried out pilot reforms of local investment in the construction and management of airports. In 2004, the State Council promulgated the Regulations on the Management of Toll Roads, which fixed the policy of "building roads with loans and repaying loans with fees" through laws and regulations. At present, China’s transportation construction field has basically formed a diversified transportation financing pattern of "state investment, local financing, social financing and introduction of foreign capital".

  Since the 18th National Congress of the Communist Party of China, in 2013, the State Council’s Opinions on Reforming Railway Investment and Financing System and Accelerating Railway Construction proposed to fully open the railway construction market and encourage social capital to invest in railway construction. Investment in oil pipeline construction is gradually released to third parties. In 2013, PetroChina introduced Taikang assets and 60 billion yuan of capital from the League of Nations Fund to establish "China Petroleum Pipeline Union Co., Ltd.". In 2015, the Guiding Opinions of the Ministry of Transport on Deepening the Investment and Financing Reform of Transportation Infrastructure proposed to establish and improve the investment and financing management system of "government-led, graded responsibility, diversified financing, standardized and efficient" for transportation development. In 2016, the Civil Aviation Administration of China’s Opinions on Encouraging Social Capital to Invest in the Construction and Operation of Civil Airports proposed that the market for the construction and operation of civil airports should be fully liberalized, and social capital should be widely attracted to participate in the construction and operation of civil airports and their service supporting facilities.

  Adhere to the management system reform direction of separating government from enterprise. In the past 40 years of reform and opening up, the transportation management system has always been moving in the direction of separating government from enterprises and integrating comprehensive transportation. In 1980, civil aviation was placed under the management of the State Council by the army and began to take the road of enterprise. In 1984, the Ministry of Communications put forward a reform idea with "transfer, separation, liberalization" and "realizing two changes" as the main contents, realized the separation of government from enterprises, strengthened industry management, and established a five-level traffic administrative organization. Subsequently, 14 coastal ports and 26 key ports of the Yangtze River were all decentralized. In 1985, the State Council approved the Report on the Reform of Civil Aviation Management System, speeding up the reform of "separating government from enterprises" and "separating airports from airlines", and establishing an independent civil aviation air traffic management system by separating the Administration Bureau, airlines and airports. In 1993, the State Council approved Guangzhou Railway Bureau to set up Guangzhou Railway (Group) Company and set up a modern enterprise system as a pilot project. In 1995, Dalian Railway Co., Ltd. was established to actively explore the separation of railway administration from enterprise management. In 1996, the Ministry of Communications "Deepening the Reform of Water Transport Management System" proposed to promote the reform of water transport management system, set up a maritime bureau, and implement the management system of "one water, one supervision, one port and one supervision". In 1998, the two major petroleum and petrochemical groups reorganized, and the reform of oil and gas pipeline network continued to advance in the direction of marketization and specialization. In 2001,The Notice of the General Office of the State Council on Deepening the Reform of Port Management System Directly under the Central Government and under the Dual Leadership proposes that the port should be completely decentralized to local management. In 2002, civil aviation started the reform of "separation of government and capital" and "localization of airport". In 2005, the railway sub-bureau was abolished and the railway bureau directly managed the stations and sections, and the separation of railway administration from enterprises and the management of market entities continued to deepen. In 2008, the Civil Aviation Administration was abolished, and the Civil Aviation Administration was established and placed under the management of the Ministry of Transport. At the same time, the State Post Bureau was also placed under the management of the Ministry of Transport. Since the 18th National Congress of the Communist Party of China, the State Council has abolished the Ministry of Railways and established the National Railway Administration, which is managed by the Ministry of Transport. So far, the Ministry of Transport has managed the National Railway Administration, the Civil Aviation Administration of China and the State Post Bureau, and is responsible for coordinating the development of railways, highways, waterways, civil aviation and postal services, basically forming a "multi-department" management system for transportation.

  Insist on the direction of opening to the outside world. At the same time of internal reform, the transportation sector is actively opening to the outside world. At the beginning of 1979, China Merchants, an enterprise affiliated to the Ministry of Communications, took the lead in establishing Shekou Industrial Zone in Shenzhen, which started the "first shot" of reform and opening up. In the early 1980s, foreign government loans and World Bank loans were introduced into China’s transportation construction. In 1983, the World Bank loans were introduced to the first-class highway from Xi ‘an to Sanyuan in Shaanxi for the first time, which not only introduced funds, but also introduced advanced project management systems in the world, such as project supervision system and project bidding system. In 1984, the electrification project of China’s North Tongpu Railway used the World Bank loan of 219 million dollars for the first time. Jinwen Railway Company was established in 1991. Jinwen Railway was the first railway in China to introduce foreign capital, and Hong Kong Lianying Industrial Co., Ltd. invested 45.86 million US dollars (80%). In 1988, the first Sino-foreign joint venture road transport enterprise was approved, and in 1993, the Interim Provisions on the Examination and Approval of Foreign-invested Road Transport Project was promulgated, further liberalizing the road transport market. Civil aviation began to open to the outside world in the 1990s. In 1994, the Notice on Policies Concerning Foreign Investment in Civil Aviation was promulgated, and in 2002, the Regulations on Foreign Investment in Civil Aviation was implemented to further open the civil aviation market. Since the 18th National Congress of the Communist Party of China, China’s transportation sector has been adhering to the "Belt and Road Initiative" and carrying the "five links".The major mission of "connecting facilities" is to actively promote the interconnection of transportation infrastructure, develop transportation to support the development of China’s foreign trade, and accelerate the "going out" of transportation. China-Europe trains galloped in Eurasia. By March 2018, the cumulative number of trains had exceeded 7,600, reaching 41 cities in 13 European countries, providing strong support for China’s new pattern of all-round opening up.

  In addition, medium and long-term traffic development planning is also an important part of comprehensive traffic development road with China characteristics. At the end of 1980s, the Ministry of Communications put forward the development strategic plan of "three mainstays and one support", and the "Five Vertical and Seven Horizontal" national trunk line plan was approved and implemented by the State Council during the Eighth Five-Year Plan period, which is the plan with the highest approval level in the transportation system. In the 21st century, national-level plans have been issued one after another. In 2004, the State Council approved the Medium and Long-term Railway Network Plan and the National Expressway Network Plan, in 2005, the State Council approved the Rural Highway Construction Plan, in 2006, the State Council approved the National Coastal Port Layout Plan, and in 2007, the State Council approved the National Inland Waterway and Port Layout Plan, which promulgated China’s first comprehensive transportation plan — — Medium-and Long-term Development Plan of Comprehensive Transportation Network. In 2008, the State Council approved the National Civil Airport Layout Plan. After the 18th National Congress of the Communist Party of China, the State Council successively approved the new long-term planning of roads, railways, civil airports and oil and gas pipelines. The introduction of national medium-and long-term transportation planning not only ensures the national political, economic and national defense security, but also enhances the macro-control ability, integrates the superior transportation resources, and rationally arranges them, while ensuring scientific and orderly development.

  Third, the new era opens a new chapter in the transportation power.

  The 19th National Congress of the Communist Party of China has formulated a grand blueprint for building a socialist modern power in an all-round way and put forward a grand goal of building a transportation power. This is a strategic deployment made by the CPC Central Committee with the Supreme Leader as the core from the overall development of the cause of the party and the country, and it is a historical mission entrusted to transportation in the new era.

  Building a transportation power is the inherent requirement of building a socialist modernization power and realizing the Chinese dream of the great rejuvenation of the Chinese nation. Throughout the history of human civilization, developed transportation has always been an important symbol of strong comprehensive national strength. "If you want to be rich, build roads first" reveals the law of traffic and economic development simply and profoundly. Building a transportation power in the new era gives a new historical connotation of "building roads first if you want to get rich", which means building a safe, convenient, efficient, green and economical modern comprehensive transportation system, meeting the people’s growing needs for a better life, supporting the construction of China’s modern economic system and taking the lead in building a socialist modern power. The two complement each other. A modern transportation power, "people can do what they want and goods can flow smoothly".

  To build a strong transportation country, we must always adhere to the basic idea of reform and opening up. "Only reformers advance, only innovators are strong, but those who reform and innovate win." On the basis of 40 years’ practice of reform and opening up, we will unswervingly push forward the reform, deepen the structural reform of the transportation supply side, focus on promoting the quality change, efficiency change and power change of transportation development, and adhere to the road of high-quality development. Innovation is the first driving force to lead development. We should be brave in innovation in transportation development power, service quality, science and technology, governance mode, security, system and mechanism, and take the road of innovation-driven development.

  Optimize and upgrade the infrastructure network. In the 40 years of reform and opening up, China’s transportation infrastructure has developed rapidly, and its scale ranks among the top in the world, making it a veritable transportation power. In the future, it will gradually change from "construction-oriented" to "operation and maintenance-oriented", and infrastructure construction will mainly "fill shortcomings" and optimize networks. Strengthen the application of modern science and technology in transportation infrastructure and vigorously promote the development of a new generation of digital and intelligent infrastructure. At the same time, we should pay attention to the maintenance and management of infrastructure and improve the quality and operational efficiency of transportation infrastructure.

  Highlight the basic function of transportation in serving the economy and society. The basic function of transportation is to provide high-quality and efficient transportation services, which is also the most fundamental requirement of "strong country" in transportation. The structural reform of the transportation supply side should focus on meeting the people’s growing demand for high-quality transportation, providing safe, convenient and comfortable transportation services, and constantly enhancing the people’s sense of happiness, acquisition and security. The structural reform of transportation supply side should focus on meeting the needs of the construction of modern economic system, promoting the development of modern logistics, optimizing and adjusting the transportation structure, balancing various modes of transportation, and promoting the logistics of the whole society to "reduce costs and increase efficiency".

  Public transport-oriented urban development model. Urban traffic congestion is a worldwide problem. With the acceleration of urbanization, traffic congestion is not only the "patent" of big cities, but also many small and medium-sized cities have begun to suffer from "urban diseases" of congestion. By the end of 2017, the number of cars in China had reached 217 million, with 53 cities having more than one million cars and 24 cities having more than two million cars. General Secretary of the Supreme Leader pointed out: "We should put solving the traffic congestion problem in an important position in urban development and accelerate the formation of a safe, convenient, efficient, green and economical comprehensive transportation system." "Developing public transportation is the direction of modern city development." We should adhere to the public transport-oriented urban land space planning, build a convenient and smooth three-dimensional urban transportation system, vigorously develop intelligent transportation technology, strengthen traffic demand management, and adopt a sustainable urban transportation development model.

  Focus on developing advanced intelligent transportation. Intelligent Transportation System (ITS) is the development direction of future transportation system and a revolution in transportation. By integrating and applying advanced information, communication, sensing, control and other technologies, the interaction among people, vehicles and roads can be presented in a new way, thus achieving the goals of real-time, accuracy, efficiency, safety and energy saving. Cooperative intelligent transportation and autonomous driving will become the focus of intelligent transportation development in the future. We should vigorously implement the leading strategy of scientific and technological innovation, strengthen the application of basic research and the transformation of scientific and technological achievements, promote the deep integration of new technologies such as the Internet, big data and artificial intelligence with transportation, and accelerate the development of intelligent transportation in China.

  Construct a modern comprehensive traffic management system. Modern comprehensive traffic management system is a "soft power" and a "hard requirement" for a traffic power. Coordinate various modes of transportation, innovate organization and management methods, establish a unified, open and competitive transportation market, and continuously promote the modernization of governance system and governance capacity. Apply modern scientific and technological means to improve the level of traffic management, information sharing and decision support. Strengthen the construction of traffic legal system and culture. Adhere to the concept of safe development, strengthen the construction of safety guarantee system and emergency rescue system, and consolidate the foundation of a strong transportation country.

  In the 40 years of reform and opening up, the Chinese nation has achieved prosperity from standing up, greatly liberated and developed China’s social productive forces, and opened up the road to Socialism with Chinese characteristics, which fully proved that reform and opening up is the key choice to determine the fate of contemporary China, the source of vitality for the development and progress of contemporary China, an important magic weapon for the cause of the party and the people to catch up with the times in great strides, and the only way to uphold and develop Socialism with Chinese characteristics and realize the great rejuvenation of the Chinese nation. At present, standing at a new historical starting point, Socialism with Chinese characteristics has entered a new era, opening the road of the Chinese nation’s great rejuvenation and strengthening the country from being rich to being strong. Under the guidance of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, we must unswervingly adhere to the road of Socialism with Chinese characteristics and unswervingly follow the correct road of reform and opening up, the road of strengthening the country and enriching the people. Adhere to the people-centered development thinking, constantly meet the people’s growing needs for a better life, and make the fruits of reform and development more fair and benefit all the people. In the new journey of winning the great victory of Socialism with Chinese characteristics in the new era, we will continue to strive for self-improvement and self-innovation, unswervingly deepen the reform in an all-round way, open roads on every mountain, bridge bridges when encountering water, carry out the reform to the end, strive to open a new chapter in the transportation power, and take the lead in building a socialist modern power.

Like | This domestic helicopter fills the gap and makes its first flight today! (with a large number of high-definition pictures)

  CCTV News:Today, another "Made in China" will meet with you!

  A new generation of medium-sized multi-purpose helicopter AC352 jointly developed by China and Airbus Helicopter Company of France will usher in its first flight in Harbin, the ice city today (live broadcast notice: What are the design features of AC352? How was the first flight? At 9:30 this morning, come to the CCTV news client and Weibo to watch the live broadcast. CCTV journalists are waiting for you at the scene)! It fills the gap between the 4-ton and 13-ton helicopter pedigree in China, and it is also one of the most advanced helicopters in this tonnage level in the world at present, and its main components, including engines, have been localized. The following CCTV News takes you to meet this "new member" of the helicopter family in China — —

  Name: AC352

  Place of origin: AVIC

  Model: 7-ton medium-sized multi-purpose helicopter

  First flight time: December 20, 2016

  What are the characteristics of AC352?

  Wide fuselage and large space

  The maximum take-off weight of AC352 is 7 tons. It adopts conventional aerodynamic layout, with double engines, wide fuselage, retractable wheeled landing gear at the first three points, and conventional layout design of single rotor with tail rotor. The cabin space can meet the needs of carrying 14 to 16 passengers.

 

  Widely used and versatile.

  AC352 helicopter can be widely used in search and rescue, general transportation, medical rescue and offshore operations.

 

  Safety, economy and environmental protection

  It is understood that AC352 helicopter is one of the safest, most comfortable, most environmentally friendly, easiest to drive and most economical medium-sized multi-purpose helicopters in the world.

  AC352 memorabilia:

  In March 2011, AC352 helicopter successfully carried out static test in Jingdezhen;

  In January 2012, AC352 helicopter completed the bird impact and lightning strike test;

  In 2013, AC352 helicopter completed lightning strike, bird impact and tail beam strength test of middle fuselage components;

  On August 31, 2014, the first AC352 was delivered to the final assembly;

  On September 9, 2015, the prototype machine was unveiled at the Tianjin Direct Expo;

  On March 21, 2016, the first machine of AC352 entered the ground power-on test stage;

  On November 2, 2016, a press conference on the first flight of AC352 was held;

  On December 13, 2016, it passed the first flight release and technical quality review;

  On December 20, 2016, the AC352 helicopter made its first flight.

  What are the high technologies of AC352?

  Spherical flexible main hub with 5 rotors

  Rotor is one of the most complicated technologies in a helicopter. As an iconic part of a helicopter, rotor plays a decisive role in the altitude, speed and distance of a helicopter in flight. During the Ninth Five-Year Plan period, China has conquered the world’s advanced spherical flexible hub technology. This third-generation rotor system developed by China for the first time has been applied to newly developed multi-type civil helicopters in recent years, showing superior performance.

  Engine inlet net cover

 

  Due to the take-off and landing characteristics of helicopter, the rotor will produce a strong downward airflow, which will blow dust and debris or even stones on the ground. Once these debris are absorbed by the engine of the helicopter, it will affect the service life and cause engine damage. Therefore, the front end of the intake port of helicopter engine usually has a metal mesh shield filter device.

  Engine tail nozzle

 

  According to the working characteristics of turboshaft engine, the general exhaust device is cylindrical diffusion, so that the gas can fully expand in the free turbine and be converted into shaft power as much as possible. The exhaust device of modern turboshaft engine can achieve more than 95% conversion of gas power.

  Airspeed sensor

 

  A tubular device with an opening on the nose facing the front of the aircraft, which is connected with a pressure measuring device in the cockpit and used to measure the flight speed of the aircraft.

  winch

 

  The winch installed in helicopter is usually an optional equipment for helicopter, which is powered by hydraulic pressure and power supply and lifts the effective load by winding steel cables or cables. The electric winch can be used to rescue people, lift and transport light goods, and lift people from high altitude for aerial work when the helicopter is hovering.

  Helicopter fuel filler

 

  The AC352 uses JET A1 or JP4 fuel.

  AC352 tail rotor

 

  Helicopter tail rotor is used to balance the reaction torque and steer the helicopter. The rotating tail rotor is equivalent to a vertical stabilizer, which can stabilize the helicopter heading.

  Avionics system

  The AC352 adopts brand-new avionics system, 4-axis dual redundancy flight control system and advanced warning system with key system warning, fault identification and maintenance built-in test functions, which can reduce the workload of drivers.

  What is the significance of the first flight of AC352?

  AC352 is a successful practice of China helicopter industry under the guidance of the principle of "independent development and active international cooperation". Its appearance fills the gap in the 7-ton pedigree of China civil helicopters and makes the product pedigree of AVIC helicopters more complete.

  (This article Source: CCTV News Watch Aviation AVIC)

Innovation leads: KIA EV5-KIA’s pure electric SUV

Kia Motors, with its excellent driving experience, excellent quality and continuous technological innovation, stands out in the highly competitive automobile market and has won wide acclaim from consumers around the world. This paper will further elaborate the achievements made by Kia Motors in driving pleasure, practicality and technological innovation, especially its breakthrough in the field of electric vehicles, taking the long-life version as an example.

IMG_256

Pay equal attention to driving pleasure and practicality.

Kia Motors is committed to building a driver-friendly car, and its carefully crafted handling performance ensures that drivers can enjoy a smooth and comfortable driving experience under any road conditions. Whether traveling through busy city streets or galloping on vast highways, Kia Motors can provide accurate steering feedback and excellent suspension system response, making every trip a pleasure.

IMG_257

Safe driving assistance system

KIA knows the importance of driving safety, so it integrates a series of advanced driving assistance technologies, such as intelligent cruise control, automatic emergency braking system (AEB), lane keeping assistance (LKA), etc. These functions can not only effectively prevent potential traffic accidents, but also greatly improve the convenience of driving, enabling drivers to pay more attention to road conditions and enjoy worry-free driving.

Innovation leader in the field of electric vehicles

In the field of electric vehicles, Kia Motors has demonstrated its forward-looking vision and technical strength. Take the long-life KIA EV5 as an example. The car not only has an amazing endurance of 720 kilometers, but also is equipped with fast charging technology, which greatly alleviates the anxiety of electric vehicle users about battery life. This innovation not only reflects Kia’s commitment to the concept of environmental protection, but also meets the needs of modern consumers for efficient and convenient travel modes.

On the whole, Kia Motors has performed well in driving experience, safety, practicality and technological innovation, especially in the field of electric vehicles, which shows its strong strength and future vision as a global automobile manufacturer. Whether it is a consumer who pursues driving pleasure or a modern family who cares about environmental protection and efficiency, Kia Motors can provide a satisfactory choice, especially the long-life version of EV5, which is undoubtedly one of the most attractive electric vehicles on the market at present. The success of Kia Motors lies not only in its products, but also in its profound understanding of consumer demand and accurate grasp of the future trend of automobiles.

Huawei, another second is empty! The two heavyweights will be released on the same day!

Following the hot sale of Huawei Pura 70 Ultra and Huawei Pura 70 Pro last week, Huawei Pura 70 and Huawei Pura 70 Pro+ were officially launched at 10:08 on April 22nd. ?

For Huawei’s mobile phones, the sales fever of "selling out immediately after listing" continues. At 10: 08 on April 22, Huawei Pura 70 and Pura 70 Pro+ opened their first sales and sold out quickly. According to official website, the starting price of Huawei Pura 70 is 5499 yuan, and the starting price of Pura 70 Pro+ is 7999 yuan.

In addition to the high popularity of mobile phones, Huawei has also made a strong attack in the automotive field.

On April 24th, Huawei will hold two conferences: Huawei Smart Car Solutions will hold the "2024 Huawei Smart Car Solutions Conference" and Huawei Digital New Energy will hold the "2024 Huawei Smart Electric & Smart Charging Network Strategy and New Product Launch Conference".

"Assault sales" reappears, and Pura 70 is hot.

On April 18th, Huawei launched the "HUAWEI Pura 70 Series Pioneer Program", and Pura 70 Ultra and Pura 70 Pro went on sale at 10:08 on the same day.

It is understood that there are four models of Huawei Pura 70 series. In addition to the Pro and Ultra versions that were launched on April 18, the remaining Pura 70 and Pura 70 Pro+ were also sold separately at 10: 08 am on April 22. From the price point of view, the Pura70 model with the lowest price in Huawei Pura 70 series starts at 5499 yuan, and the starting price of Huawei Pura 70 Pro+ is 7999 yuan.

It is understood that both Huawei Pura 70 Ultra and Pro series adopt super-focusing macro telephoto. Pura 70 Ultra is the only model equipped with super-focusing telescopic main camera, which is also a major innovation of Huawei in the field of mobile imaging. It is also equipped with the industry’s first rotating telescopic lens structure. Compared with conventional lenses, this design can take into account the thickness of the lens and the fuselage, and at the same time, plug in high-standard camera lenses to enhance the image ability of mobile phones.

At present, Pura 70 series continues the sales popularity of Mate 60 series, and the scene of "sold out in one second" has appeared many times, and the overall sales of Huawei mobile phones are also recovering strongly. Counterpoint data shows that smartphone sales in China bottomed out in the fourth quarter of 2023, increasing by 6.6% year-on-year, of which Apple’s mobile phone sales decreased by 9% year-on-year, and Huawei’s sales increased by 71.1% year-on-year.

At the same time, Huawei has also "recovered lost ground" in the high-end mobile phone market. Counterpoint report shows that in the global high-end smartphone market of 600 dollars or more (about 4,333 yuan) in 2023, Huawei reached 5% of the high-end market share, up from 3% in the same period in 2022.

Wang Peng said that Huawei’s R&D strength is its core strength, especially in communication technology (such as 5G), camera technology and artificial intelligence technology. Innovations in these fields make Huawei mobile phones ahead of their peers in performance, photography and intelligent experience.

Liang Zhenpeng, an observer of the consumer electronics industry, said in an interview: "Huawei’s current advantage in regaining global high-end market share lies in its technological innovation, R&D strength and in-depth understanding of the domestic market. However, the main difficulty lies in the acceptance of the global market and the response of competitors. Although Huawei Pura70 series has evolved in AI capabilities and HarmonyOS OS, it is not enough to completely reverse Huawei’s disadvantage in the global high-end market share. "

Zhijie "grabs the bill" Xiaomi SU7, which can deduct 5,000 yuan.

On April 11th, HarmonyOS Ecological Spring Communication Meeting was held, and Huawei and Chery officially announced that Zhijie S7 had achieved mass delivery, which could "deliver one car in one minute". Based on the strong manufacturing capacity, the intellectual community has also set its sights on Xiaomi SU7, whose production capacity is in short supply.

Recently, there is market news that Huawei’s Zhijie S7 is "grabbing" customers of Xiaomi SU7, buying Zhijie S7 and paying the final payment, which can deduct the 5000 yuan deposit of Xiaomi SU7 lock order from the car price.

It is understood that at present, there are three modes of cooperation between Huawei and car companies, namely, spare parts supply mode (providing standardized products such as laser radar and car networking module for car companies and electric control of motors), HI mode (namely HuaweiInside, car companies adopt Huawei’s full-stack solution, including hardware and software) and HarmonyOS Zhixing mode (Huawei is deeply involved in product design, marketing and terminal sales).

Zhijie S7 is the model of Huawei’s HarmonyOS Zhixing cooperation. In 2023, HarmonyOS Zhixing opened to 78 cities nationwide to join the user center, which provided a series of services including sales, delivery and after-sales. According to Ping An Securities Research Report, HarmonyOS Zhixing Store will operate independently, and it is planned to build 800 stores by 2024.

The reporter came to a Wuhan HarmonyOS Zhixing Super Experience Center for consultation. The relevant staff told the reporter that the policy of deducting the deposit of 5,000 yuan from Xiaomi by purchasing Zhijie S7 does exist. At present, it is only for Zhijie S7, and other HarmonyOS Zhixing models do not enjoy this discount. To enjoy the relevant discount, you need to show the lock voucher of Xiaomi SU7, and the activity will last until the end of May. Compared with Xiaomi SU7, the delivery speed of Zhijie S7 is relatively fast. The above-mentioned staff told the reporter that the current delivery cycle of Zhijie S7 is 2 weeks to 4 weeks. Now you can pick up the car in May, and some configurations need 4 to 6 weeks to pick up the car.

According to the Pacific Securities Research Report, Zhijie S7 is the first car in Huawei’s smart car selection business, which will further fill the layout of Huawei’s cars. With the large-scale delivery and further cooperation between Huawei and the OEM, Huawei’s auto business is expected to continue to achieve profitability after turning losses, and Huawei Smart Drive is expected to shape a new round of industry prosperity.

Behind the "battle for orders" between Zhijie S7 and Xiaomi SU7, the sales of Xiaomi SU7 far exceeded expectations, and the production capacity was "in short supply". At the beginning of April, a car buyer with a lock list of Xiaomi SU7 told reporters that the estimated delivery time of the Xiaomi SU7Max version of the lock list is 26-29 weeks later, and it will take almost the end of the year to pick up the car.

In response to this "battle", Lei Jun, founder and chairman of Xiaomi Group, also responded. On April 22nd, Lei Jun said at the Weibo: "At present, the production capacity and delivery speed of Xiaomi SU7 are increasing rapidly, and the standard version and Max have been delivered in advance. Many prospective car owners found in Xiaomi Auto APP that the delivery time is expected to be advanced. At Beijing Auto Show, I will introduce our production capacity and delivery plan in detail. If you are really anxious to buy a car, domestic new energy vehicles are good, for example, Zhijie S7, Weilai ET5, Tucki P7 series, etc., you can also consider buying. "

The official of Zhijie responded by saying: "Thank you, Mr. Lei, for recommending Zhijie S7! Super-large space, Huawei intelligent driving and HarmonyOS cockpit have now started scale delivery, and consumers are welcome to experience in the store! "

Huawei takes the lead! The overcharge alliance is about to start.

On April 24th, Huawei will hold two conferences: Huawei Smart Car Solutions will hold the "2024 Huawei Smart Car Solutions Conference" and Huawei Digital New Energy will hold the "2024 Huawei Smart Electric & Smart Charging Network Strategy and New Product Launch Conference".

Among them, official website, Huawei’s smart car solution, was officially launched yesterday. According to the agenda of the meeting, "2024 Huawei Smart Car Solution Conference" includes new product launch conference, smart car lighting, smart car control, computing platform, smart driving, smart cockpit and smart Che Yun theme forum.

Weibo, the official of Huawei’s smart car solutions, said that at the press conference, Huawei will launch a new brand, and invited many car companies, such as Extreme Fox, Changan Automobile, Aouita, Deep Blue Automobile, Blueprint Automobile, Warrior Technology and Guangzhou Automobile Chuanqi.

At the "2024 Huawei Intelligent Electric & Intelligent Charging Network Strategy and New Product Launch Conference", a new intelligent fusion solution in power domain will be launched for pure electric and extended range hybrid platforms, and a full range of ultra-fast charging solutions will be released.

It is worth noting that according to the agenda of the meeting, the meeting will also include the release ceremony of the "Overcharged Alliance".

Editor: Ye Shujun

Proofreading: William Wang

The 2024 Securities Times "Looking for Venture Capital’ Golden Eagle’ and Discovering Enterprise’ New Seedling’" plan was grandly opened, lighting up the dream of the times and blooming the light of the times.

Click on the poster to register, quick stamp ↓↓↓↓