Liu Yurui, Chief Reporter of Jimu News

　　On January 7, Xiaoman (a pseudonym), a 2-year-old girl from Liaocheng, Shandong Province, was still receiving treatment in the hospital.

　　A month ago, Xiaoman and his uncle attended the wedding banquet in the village. Unexpectedly, after returning home, Xiaoman showed symptoms of poisoning, and the hospital diagnosed it as tetramine poisoning.

　　While treating Xiaoman, he reported the case to find the murderer. But as a result, Xiaoman’s father couldn’t figure it out.

　　The police said that this was a criminal case of intentional homicide. The suspect is Xiaoman’s uncle.

　　Receipt of acceptance

　　Candy at the wedding banquet

　　Xiaoman lives in Chenmiao Village, Douhutun Town, Liaocheng City, Shandong Province. At the age of 2, she is deeply loved by her elders.

　　On December 9, 2021, Mr. Hua (a pseudonym), a villager in the same village, held a wedding banquet, and Xiaoman’s uncle took her with him.

　　Xiaoman was treated in the hospital.

　　Xiaoman’s father told Jimu journalist that an old man gave Xiaoman a candy that day. About 20 minutes after Xiaoman ate it, she developed symptoms of physical discomfort, and her uncle took her home. Unexpectedly, after returning home, Xiaoman began to have convulsions, foaming at the mouth, blue face and other symptoms, and was then sent to the Pediatric PICU of Liaocheng People’s Hospital for rescue.

　　Soon the results came out, and the medical certificate issued by the hospital showed that Xiaoman was poisoned by tetramine. According to the data, tetramine was listed as a banned pesticide by the former Ministry of Agriculture and Rural Affairs as early as 2002 because it is highly toxic to humans and mammals and can cause secondary poisoning and environmental pollution.

　　Hospital diagnosis certificate

　　"The test results show that the content of tetramine in Xiaoman’s blood reached 876ng/ml." Mr. Man said that he immediately called the police.

　　Subsequently, after nearly 20 days of repeated transfer treatment, Xiaoman’s condition gradually stabilized. "My wife is a temporary teacher in kindergarten, who is mainly responsible for taking care of the safety of children." Mr. Man said that such a thing happened to his children, which was a great blow to his wife.

　　Xiaoman’s previous photos

　　The suspect is an uncle.

　　The filing notice shows that Dongchangfu Branch of Liaocheng Public Security Bureau has filed a case for investigation on December 10, 2021. The journalist noticed that the name of the case on the notice of filing was "12.09 intentional homicide".

　　At 9 o’clock on the evening of the 7 th, the journalist contacted the police investigating the case. He said that the case has been characterized as a criminal case, and the specific details are inconvenient to disclose.

　　Mr. Man recalled that on December 9, after Xiaoman was sent to the hospital, he found the candy wrapping paper that she had eaten that day in her daughter’s bag. "I gave the candy paper to the criminal police, and later they told me that there was something wrong with the candy." Mr. Man said.

　　The next day, the police found Mr. Man and told him that he had found the monitoring of the wedding banquet scene at the time of the incident. "I saw an old man acting suspiciously." Mr. Man said that he recognized it at that time. This is his uncle who lives near his home, that is, Xiaoman’s uncle.

　　"At that time, we couldn’t believe it, because even if we had contradictions, it was just trivial things." Mr. Man said that his family and uncle had a small dispute because of the trend of water pipes before, but he never thought that these were enough for him to poison Xiaoman.

　　Notice of filing

　　At present, the case is still under investigation by the local police. Xiaoman has been transferred to Shandong Provincial Hospital for rehabilitation treatment. "Now I can open my eyes." Mr. Man said that the previous treatment has cost nearly 150,000 yuan, and the future treatment of Xiaoman is conservatively estimated to need 100,000 yuan.

　　Mr. Man told reporters that the doctor also said that Xiaoman may not be able to fully recover. "There is a little hope, and we also want to try it." Mr. Man said.

CCTV News:According to the news from the Ministry of Education, the national college entrance examination will kick off on the 7th of this month. In 2023, the number of applicants for the national college entrance examination will be 12.91 million, an increase of 980,000 over last year, reaching a record high. The Ministry of Education, together with the member units of the Inter-Ministerial Joint Meeting of the National Unified Education Examination, will make comprehensive arrangements for the safety of this year’s college entrance examination and make every effort to ensure the safety of the examination.

The Ministry of Education requires all localities to comprehensively sort out the existing security risks and improve relevant measures. Further improve the examination management system, improve the requirements of examination staff management, test paper printing, test paper transportation and storage, examination implementation, security and confidentiality, and ensure fair, safe, scientific and standardized examination enrollment.

At the same time, the Ministry of Public Security, the Ministry of Industry and Information Technology and other departments jointly launched a special campaign to combat cheating, taking the prevention of cheating on mobile phones as the top priority, taking multiple measures simultaneously and comprehensively, guiding all localities to strengthen measures such as civil air defense, physical defense and technical defense, strictly regulating admission security, strengthening invigilation and inspection in examination rooms, and severely cracking down on cheating using mobile phones and other communication equipment. Candidates and personnel who cheat in the college entrance examination will be dealt with seriously according to the law and regulations, and the fairness and justice of the college entrance examination will be resolutely safeguarded.

　　　　　　 Standardize the behavior of training institutions involved in the examination. Strengthen the standardized management of off-campus education and training institutions involved in the college entrance examination, and severely crack down on illegal activities such as false propaganda, charging high-priced consulting fees, illegally carrying out training services, organizing fraud or cheating, and disrupting the order of examination enrollment.

Optimize candidates’ service and fully guarantee the warm college entrance examination

The Ministry of Education will also work with relevant departments to optimize candidates’ services and fully guarantee the warm college entrance examination.

The Ministry of Education, together with the National Meteorological Administration and other departments, will closely analyze information such as extreme weather and natural disasters during the college entrance examination, and guide all localities to further improve their plans to ensure timely and effective response to emergencies. Guide all localities to further improve the comprehensive protection of public security travel, accommodation and sanitation, and noise control. It provides reasonable convenience for nearly 10 thousand disabled candidates to take the exam.

At the same time, we will strengthen the guidance of voluntary reporting. Instruct local colleges and universities to make full use of information technology, carefully organize special consultation service activities for volunteering to fill in the college entrance examination after the exam, and provide policy interpretation, information reference and consultation services for candidates and parents through multiple channels and ways. Give full play to the role of middle school as the main channel, strengthen the policy training of senior three class teachers and classroom teachers, and provide more targeted quality services for candidates.

In addition, we will continue to carry out the "Escort Action for the 2023 College Entrance Examination", guide all localities to carry out a number of special actions such as "cleaning up public accounts related to the Internet examination" and "lighting the official website logo of the authoritative examination enrollment institution" to actively create a good examination environment.

Near the college entrance examination, how to fill in the volunteers must be a tangled problem for many students. Today, we share with two professors, one is Professor A from Peking University, who returned to the United States, and the other is Professor B from the Third Hospital of Beijing Medical University, who is trained in China, their personal feelings of many years of medical professional study and research, so as to open the thinking space for students to fill in their volunteers.

Question 1: There are many medical disciplines. If you help your child to fill in the volunteers, what major do you want to choose?

Professor A: Depending on the child’s talent, it is recommended to study basic medicine or clinical medicine. General talent, studying clinical medicine; If the talent is very general, it is best not to study medicine.

Professor B: I will choose clinical medicine.

Judging from the number of disciplines and specialties in China, medicine ranks third except engineering and science. Its first-level disciplines include basic medicine, clinical medicine, stomatology, public health and preventive science, traditional Chinese medicine, integrated traditional Chinese and western medicine, pharmacy, special medicine, medical technology and nursing, and there are several specialties under it. To fill in the volunteer professional choice, candidates should not only look at their own interests, but also their own abilities.

Question 2: Would you choose Chinese medicine or western medicine for your child?

Professor A: Western medicine is good, but Chinese medicine is not excluded.

Professor b: western medicine.

It’s very interesting. The two of you basically agree and are very concise. Here, candidates are reminded that when they choose Chinese medicine or western medicine, they still need to make a decision according to their own situation and hobbies.

Question 3: What do you think of studying medicine for employment?

Professor A: In the long run, the medical profession will not be unemployed.

Professor B: At present, there is a dilemma in the employment of medical majors, that is, large hospitals are difficult to find jobs and small hospitals are unwilling to go. Generally speaking, the employment prospects of medical majors are not very optimistic.

Your views are somewhat different. It is difficult to study medicine and obtain employment, which is largely subject to the problem of system construction. As long as you put yourself in the right position, as a doctor, you won’t worry about your basic life and development. Last month, we went to Hiroshima, Japan for academic exchange, and found that there was a specialized hospital with only a few rooms every 200 meters on the street, which was popularly called a community hospital. Patients go to big hospitals only when they are seriously ill, while ordinary diseases go directly to community hospitals. If a large number of community hospitals are set up in China, it will not only solve the contradiction between doctors and patients, but also make full employment for medical students, and effectively use hospital resources and reduce medical expenses.

Question 4: Do you need to have good basic knowledge of science such as mathematics to study medicine?

Professor A: Yes. Medicine is a comprehensive subject based on mathematics, physics, chemistry and biology.

Professor B: You don’t have to.

Whether you need basic knowledge of science, such as mathematics, depends on which major you choose in the medical discipline. Therefore, candidates must know something about the courses of the selected major when filling in their volunteers.

Question 5: Do you have any suggestions for students who choose to study medicine?

Professor A: Good moral quality, good health and good brain.

Professor B: To be a doctor, not a doctor, you should pay attention to studying medical history.

Studying medicine is not only to learn medical technology, but also to have love and awe of the profession, otherwise it is impossible to become a good doctor.

Summary: As for the candidates’ volunteering, first, they should be considered comprehensively in combination with their own interests and college entrance examination scores. When choosing a volunteer, you should put your interests and hobbies in the first place. However, due to the limitation of scores, the medical school reported in the college entrance examination may not be ideal, but in the future, you can "save the country by curve" and go to your ideal university. Second, you must not be eager for quick success and instant benefit when filling in your volunteers. Employment and income must be considered when filling in volunteers, but they cannot be put in the first place. The development of the industry may be "thirty years in the east and thirty years in the west". It should not be the choice of ambitious people to fill in the college entrance examination volunteers only considering the immediate interests.

(The author is a member of Hong Chengwen’s team at the Institute of Higher Education, Department of Education, Beijing Normal University)

Yichexun Mercedes-Benz official website recently updated the latest information of its series of vehicles, and by 2022, it will launch a total of six new Mercedes-Benz cars. It will be put into production in Germany in the first half of 2021, in Germany and Beijing at the same time in the first half of 2021, in Hungary and Beijing in the first half of 2021, in Germany and China in the first half of 2021, and the Mercedes-Benz SUV S and will start production in American factories in 2022.

The factories that can produce Mercedes-Benz models include Sindelfingen, Rastatt and Bremen in Germany, Beijing in China, Kecskemét in Hungary and Tuscaloosa in the United States. At the same time, the production of its batteries for and will take the lead in Germany, and the batteries for Mercedes-Benz SUV S and will be produced in Germany, Poland and Beijing in 2022.

Mercedes-Benz plans that by 2030, the sales of plug-in hybrid vehicles and pure electric vehicles will reach 50% of the total sales.

Illustration: Huang Xi

Shenzhen News Network September 18, 2023(Shenzhen Evening News reporter Li Chao Intern Yang ZhenyuPeople don’t have to go to work, they can participate in the internship online. In recent years, distance practice has been favored, and many college students practice on the sidelines while studying at school. With the beginning of the new semester, "remote internship" has once again become a hot spot for recruitment platform search. However, there are many problems in remote internship, and the problem of "selling dog meat by hanging sheep’s head" is more prominent.

question

Practice proof becomes practice proof.

The Survey of Students’ Internship 2022 released by Worry-Free Future shows that distance internship has risen among students. Among the data displayed on the homepage of the "Monk of Practice" platform, "Remote" is the first hot search word for users.

Late at night, the reporter directly hired in Boss to see that a well-known tourism platform recruited new media operation remote interns, with the salary marked as 200 to 250 yuan/day, and the job introduction marked that the salary was not calculated by the day, but calculated according to the work effect. The platform shows that the job of this position includes operating and maintaining social accounts to ensure that the account status is active; Write high-quality social platform notes and strategies; Create explosive notes and maintain an interactive atmosphere.

Later, the reporter tried to deliver it late at night and got a quick reply. After writing a 400-word little red book travel guide post as required, he entered the post briefing. At the briefing meeting, the position clearly defined as a remote internship in the recruitment information became a part-time job. The enterprise stressed that it would receive a practice certificate instead of an internship certificate after completing a part-time job for three months. Late at night, the reporter questioned this and got the reply that "this job is a long-distance part-time internship, and it can only be proved by practice". The company did not further explain the mismatch of positions.

experience

The operation of new media has become a "real water army"

Although the actual harvest of the post is different from the job description, the actual work content is consistent with the job requirements, both of which are operating new media accounts.

During the reporter’s experience late at night, it was found that the key nature and matters of his post were deliberately concealed by the recruitment company. The actual work was not to become a member of the company’s official account operation as imagined, but to operate a personal account, and to publish posts with the nature of dark and wide water army in the personal account, and to become a high-quality real-life water army of the company by raising a personal account.

The specific task is to write a drainage post every day with a personal account according to the specified content template, embed the content of drainage and advertising for the enterprise, such as "20% discount coupon for fuel", etc., and embed the new drainage code (6-7 Arabic numerals) generated by each person in the background every day into it to attract and guide users to search for the drainage code and place an order. The audience of the post thinks that what they see is real sharing, but they don’t know that it is a drainage advertisement carefully organized, packaged and approved by the enterprise.

survey

Internship salary is out of reach.

In addition to attracting students in the name of long-distance internship in large factories, the project also set up a detailed incentive mechanism to stimulate students to publish high-quality drainage content.

The recruitment staff of this position said that the salary settlement rule is "basic posting salary+post-breaking reward+new guest reward", and the key indicator is the number of customers, and the monthly salary can reach 8,000 to 10,000 yuan. However, when the reporter experienced it late at night, he found that it was not easy to reach the salary standard. In addition to writing a basic drainage post every day, he also needed four posts with more than 5,000 likes every month, and at least 400 new customers were recruited and the order was completed to reach the monthly salary of 8,000 yuan.

In order to achieve higher salary, distance interns need to constantly improve the quality of drainage posts and attract as many new customers as possible. Lin Lin, a student of "Remote Internship", said that he sent 16 drainage posts in July, which took about 3 hours every day, but he only got a salary of 942 yuan a month. In addition to the traffic harvest, the platform also passed on the risks such as current restriction and titles brought by drainage and darkness to the interns. Lin Lin’s account has been restricted and banned by the platform because of the required drainage and advertising posts. "This time it is 7 days, and the next time it will be 14 days," she said.

popularize law

Unworthy "remote internship" involves illegal activities.

For such "remote internship" positions, Tong Xin, director of Guangdong Guanghe Law Firm, believes that false job introduction is suspected of violating the law. When employing workers, the employing unit shall truthfully inform the workers of their work contents, working conditions, working place, occupational hazards, safety production conditions, labor remuneration and other information that the workers require to know, and shall not publish false recruitment information. If the published recruitment information is untrue or illegal, they will face relevant penalties. Found this situation, have the right to complain and report to the administrative department of labor security.

Tong Xin said that the company set up a long-distance internship position, and recruited college students with conditions such as opening internship certificates and supporting back-tuning, as an act of the company’s real-life water army to drain the darkness, even if it truthfully informed the work-related information, it violated public order and good customs.

At the same time, the enterprise’s recruitment of college students as high-quality real-life water army in the name of new media operation remote internship is suspected of violating many laws and regulations, such as Advertising Law, Regulations on Ecological Governance of Network Information Content, Regulations on Management of Internet Users’ Public Account Information Service, and infringing on consumers’ rights and interests, which is not conducive to the construction of clear network space and fair competition in the market. Traffic fraud involves violations of many administrative, civil and criminal regulations.

In recent years, with the rapid development of domestic new energy vehicles, FAW Group has also begun a new energy transformation. As the "eldest son of the Republic", FAW has a profound historical background and has been founded for 71 years. But in the field of new energy, it is a latecomer and is in a state of catching up.

It is said that,this yearFAW’s sales target is 3.47 million vehicles, including 900,000 vehicles for its own brand, and strive for 1 million vehicles. In terms of new energy vehicles,FAW has set a sales target of 500,000 vehicles.. But at present, the pressure to achieve the sales target of 500,000 units is not small.

In order to rush sales, last month, FAW released a new generation of pure electric cars, which is the Pentium pony in 2025. Surprisingly, its actual price is quite close to the people. In some places, the subsidy has been reduced to more than 20 thousand, and if there are scrapped cars at home, it is only more than 10 thousand.Run 222km with full electric energy, really awesome!(regiondiscrepancyThe price is for reference only)

In appearance, the shape of Pentium pony is cute, with a closed front face, "horseshoe-shaped" headlights and white decoration, which looks very likable. The side lines of the car body are capable, and the "square box" shape looks fashionable and beautiful. The rear shape is simple and full, and the taillight design echoes the front face, which is also pretty good.

In terms of size, the length, width and height of Pentium pony are3000mm×1510mm×1630mmThe wheelbase is 1953 mm. Because of its small size, it can also travel freely on crowded roads. However, there is not much space in the back row, and it is more stiff to sit. The rear seats support tilting, which expands the trunk volume to 300L, which can meet household needs.

Sitting in the car, the interior style of Pentium pony is simple and fresh. The center console adopts contrast color design and gamepad-type buttons, which are quite chic. The steering wheel is made of plastic, but the grip is ok. It is not equipped with a central control panel, perhaps because of the cost, but there is7-inch LCD instrument. The seat is made of fabric. Although it is not classy, it is breathable and won’t feel stuffy after sitting for a long time.

In terms of power, the Pentium pony is equipped withMotor with maximum power of 30kwThe maximum torque is 90 Nm, the power is quite satisfactory, and it is enough for daily driving, but it is not suitable for high speed. Equipped with a group, the pure electric cruising range is 122km, 170km and 222km. It can do both commuting and short trips. Have some regretsofYes, fast charging is not supported for low allocation, and it takes 6 hours to fully charge.

Chassis, Pentium pony.Front McPherson Independent Suspension+Rear Three-link Dependent SuspensionThe combination of adjustment is comfortable, steering is flexible and cornering is stable. In addition, it is also equipped with practical functions such as remote control of mobile APP and USB Type-C interface, which further enhances the driving experience.

Generally speaking, FAW Pentium Pony, as a domestic A00 pure electric car, has a stylish and lovely appearance, simple and practical interior, and its power and endurance can also meet the demand. The key is that the price is close to the people. Perhaps this is FAW’s "confidence"! If you want to buy a scooter with a small budget, the Pentium pony is definitely worth seeing.

. According to the principle of "uniqueness", the "Interim Measures" determines the responsibilities of the relevant regions in turn, that is, when the domicile of the insured person is the same as the last insured place, he shall go through the formalities of receiving benefits at the domicile and enjoy the basic old-age insurance benefits; When the household registration location is inconsistent with the last insured place, if you have been insured at the last insured place for 10 years, you will receive treatment at the last insured place; If you have been insured for less than 10 years at the last insured place, you will be pushed forward in turn to the insured place where you have been insured for 10 years to go through the formalities for receiving benefits; If all localities have been insured for less than 10 years, they will go through the formalities of receiving treatment at the place where they are registered. In short, every insured person who has paid for more than 15 years should receive a basic pension in one place. For example, a migrant worker in Jiangxi has been employed in cities and towns in Fujian, Guangdong and Zhejiang, and has paid insurance premiums for five years each. When he reaches the age of legal treatment in the country, he can receive the basic pension on a monthly basis because the accumulated payment period has reached 15 years. Since he has been insured in the three places for less than 10 years, Jiangxi Province, where his household registration is located, is responsible for issuing the basic pension, and the social security agencies in the three places should transfer the corresponding funds to Jiangxi Province according to regulations. However, if he has transferred his household registration to Zhejiang, the last place to participate in the insurance, then Zhejiang Province will be responsible for issuing the basic pension, and other two provinces should transfer the corresponding funds to Zhejiang Province according to regulations.

　　How much has your pension increased this year?

　　According to incomplete statistics, as of July 8, 19 provinces, autonomous regions and municipalities such as Beijing and Hebei have determined the retirement pension adjustment plan for 2019. The consultation on Zhejiang’s 2019 retirement pension adjustment plan also ended in late June.

　　Table: Overview of the adjustment of basic pension quota for retirees in 19 provinces in 2019

　　Generally speaking, the adjustment plans of 19 provinces are mainly carried out in a combination of quota adjustment, hook adjustment and appropriate tilt adjustment. The overall adjustment level is determined according to about 5% of the monthly basic pension for retirees in 2018.

　　According to the reporter’s combing, it is found that the specific plan of Henan quota adjustment has not been made public yet, and the quota increase of other provinces clearly ranges from 22 yuan/month to 70 yuan/month.

　　From the perspective of adjustment objects, Hebei and Hainan provinces implement different adjustment schemes for retirees and retirees respectively. The basic pension for retirees in Hebei Province will be increased by 40 yuan every month, and the retired personnel will be increased by 22 yuan every month; 41 yuan and 25 yuan are added to Hainan’s retirees and retirees every month.

　　Other provinces have the same adjustment scheme for retired and resigned personnel. Among them, Liaoning divides the quota adjustment into five grades according to the time when retired (post) personnel take part in work, with the highest in 70 yuan and the lowest in 25 yuan. Hubei divides the quota adjustment into three grades according to the retirement time of retirees.

　　In terms of hook adjustment, all localities mainly adjust according to the payment period of pension insurance for retirees, so that those who pay more and pay more at work can get more pensions. In terms of tilt adjustment, the adjustment targets of various provinces mainly focus on retirees over 70 years old and retirees in hard and remote areas.

　　Compared with other provinces, Guangdong and Jiangsu provinces have a larger range of pension adjustment personnel: Guangdong follows the practice since 2016 and classifies retirees who received basic pensions for the first time in the first half of this year (January to June 2019) into this adjustment range; For the first time this year, Jiangsu included those who went through retirement and resignation procedures in the first half of this year (from January 1 to June 30, 2019) in the scope of this pension adjustment. The adjustment targets in other provinces are those who have gone through retirement and resignation procedures before December 31, 2018.

　　It is reported that the payment of pension adjustment amounts in various places will be reissued from January 1, 2019. At present, the amount of pension adjustment in Beijing and Shanghai in 2019 has been reissued. Shanxi, Inner Mongolia, Liaoning, Jiangsu, Zhejiang, Fujian, Henan, Guangdong, Guangxi, Ningxia, Xinjiang and other provinces are expected to complete the payment of adjusted pensions before the end of July; Hebei, Hubei and other provinces are expected to complete the payment of adjusted pensions before the end of August. (Intern Zhang Yifang)

On April 18th, 2023, Porsche brought a shocking release of the new Cayenne series to fans all over the world, including five models. Among them, the entry-level brand new Cayenne starts at RMB 980,000, and the Cayenne E-Hybrid Coupé is also launched simultaneously, starting at RMB 980,000. The most performance Cayenne Turbo GT is priced at a staggering 2.508 million yuan, which shows the luxury and strength of the brand.

In the domestic market, the Porsche Cayenne has many models on sale, and the official quotation range spans 9.3 million yuan to 1.908 million yuan. It is worth noting that the dealer has not provided preferential information for the time being, but its pricing strategy is relatively transparent. For car buyers, the full landing price of a Cayenne may reach 10.95 million yuan, which reflects its high-end positioning and market positioning.

For those car buyers who care about the official guide price, the official guide price of Porsche Cayenne is 9.8 million yuan to 18.8 million yuan, and the E-Hybrid version of the lowest model of Cayenne starts at 980,000 yuan. As a luxury SUV, Cayenne has won the favor of many consumers with its unique design and performance.

Although the market situation in different regions may be different, according to the known information, the lowest price ranges from 8.6 million yuan to 26 million yuan, and the guide price ranges from 9.2 million yuan to 26 million yuan, and it is equipped with an automatic transmission. Car buyers must consider the price fluctuation in specific areas when deciding to buy.

Although the interior of the Porsche Cayenne continues the brand’s consistent style, such as ignition switch, three-spoke steering wheel and large-area leather finish, these details can’t hide its exquisiteness and quality as a luxury car.

In a word, the price of the new Porsche Cayenne fully reflects its brand value and luxury positioning. For consumers who are interested in buying, they need to make full budget preparation and market research to find the most suitable model and price point.

　　A great weapon to stabilize the capital market this week has come! The long-rumored 180 billion pension finally entered the A-share market and began to invest. The investment trajectory of pension in A shares is becoming a topic of great interest to investors.

　　A few days ago, the Ministry of Human Resources and Social Security revealed at the relevant press conference that in terms of investment in basic endowment insurance funds, the governments of nine provinces (autonomous regions and municipalities) such as Beijing and Anhui have signed entrusted investment contracts with the Social Security Fund Council, with a total contract value of 430 billion yuan, of which 180 billion yuan has been received and investment has begun.

　　Heavy

　　180 billion pensions began to invest.

　　180 billion yuan has been invested, and at least 250 billion yuan is on the way. The huge volume of pensions has attracted much attention. How big can the basic pension finally enter the market? How much does it flow into the stock market?

　　At present, there are two estimates in the industry. Dong Ke, a professor at Renmin University, predicted at the end of last year that the balance of basic pensions in China is about 3.5 trillion yuan, and it is expected to reach 5 trillion yuan in the next five years. The internal forecasts of some insurance institutions show that the balance of the national basic pension is at least 2 trillion yuan. These will not all be put into the stock market. The Ministry of Human Resources and Social Security has made it clear that the total investment in equity products such as stocks will not exceed 30% of the net asset value.

　　As for the current size, the market believes that the Social Security Fund Council has been entrusted with a basic pension of 180 billion yuan, and the upper limit of entering the stock market may be 54 billion yuan.

　　direction of a current

　　16 pension portfolios are new.

　　What investments did the 180 billion yuan make? How are these funds allocated? The third quarterly report of listed companies unveiled the investment trajectory of pension portfolio in the A-share market in response to the pension market’s concern.

　　Wind data shows that as of October 31, the basic endowment insurance fund portfolio bought six stocks in the third quarter, and all of them were new in the third quarter. These six stocks are Dahao Technology, Shangfeng Cement, Hudian, Tiandi Technology, Guangzhou Restaurant and Rongan Real Estate. The market found that the accumulated market value of the pension portfolio for these six stocks was only 197.3888 million yuan, which was only a small test stage compared with the large army of 180 billion yuan. In the second quarter of this year, the pension portfolio bought a small amount of three stocks, namely Zhenghai Magnetic Materials, Jiuyang Shares and Shoushang Shares. However, as of the end of the third quarter of this year, the pension portfolio reduced all three stocks.

　　The pension portfolio is very active in playing new shares offline. As of October 31, 16 pension portfolios have spent more than 86.9 billion yuan to "innovate" offline. Analysts said that for pensions, investment pays more attention to safety and decentralization. Pensions may be biased towards absolute returns, and there can be no sustained long-term losses, which is also confirmed by participating in the subscription of new and convertible bonds. Pensions have also participated in Palm Shares, Luoyang Molybdenum Industry and Tapai Group through fixed increase, and have already made great floating profits.

　　The market believes that the long-term style of each basic pension insurance portfolio remains to be seen, but individual style differences have been revealed. For example, the 801 portfolio continues the style of Guangdong-style funds and is good at tapping investment opportunities from sub-new companies. The 802 portfolio embodies the characteristics that veteran investment managers are good at portfolio allocation. The 903 combination has a unique sense of smell for policy-sensitive periodic varieties.

　　According to the latest third quarterly report, the basic endowment insurance fund 801 has increased its holdings of Guangzhou Restaurant, a new share, and has become the largest tradable shareholder of the stock. At the same time, the portfolio significantly reduced its shareholding in Shoushang, which is a commercial stock held by a fund and Niusan. The 802 combination of basic old-age insurance significantly reduced its holdings of Jiuyang shares and Zhenghai magnetic materials, and increased its holdings of Hudian shares. The stocks that have been reduced are well-known home appliance stocks and new energy vehicle concept stocks, while the holdings are component companies held by many institutions. The 903 portfolio of basic endowment insurance increased its holdings of Shangfeng Cement and Rongan Real Estate in this quarter, both of which are related to the industrial chain of infrastructure real estate. And the basic pension portfolio is the only fund management institution among the top ten tradable shareholders of these two companies. In addition, the basic old-age insurance 804 portfolio increased its holdings of Tiandi Technology, and the 904 portfolio increased its holdings of Dahao Technology.

　　safe

　　All localities only use surplus funds for investment and operation.

　　The person in charge of the relevant department of the Ministry of Human Resources and Social Security said that after the investment and operation of the pension insurance fund, all localities set aside pensions to ensure the current payment, but only used the surplus funds for investment and operation. Insured people do not have to worry that the timely and full payment of their pensions will be affected, and the investment and operation of the fund is conducive to ensuring the future pension payment.

　　At the same time, the Ministry of Human Resources and Social Security said that the Ministry of Human Resources and Social Security and the Ministry of Finance have improved the supervision system and mechanism to ensure its safety in many ways. The Ministry of Human Resources and Social Security said that the endowment insurance fund will be collected by the provincial government and entrusted to operate centrally.

　　The endowment insurance fund will invest in a diversified way, not putting eggs in one basket, and will choose more mature investment varieties for investment. The state will give special policy support, and ensure long-term stable income by participating in major national projects and major projects, and participating in the restructuring and listing of key state-owned enterprises.

　　The market also noticed the firewall system of pension investment. According to the Ministry of Human Resources and Social Security, according to regulations, investment institutions and trustee institutions respectively set up risk reserves at 20% of management fees and 1% of annual investment income, which are specially used to make up for possible losses in pension fund investment.

　　organization

　　The investment team is professional and experienced.

　　Because the pension pursues long-term and stable income, the team qualified for pension investment should also be tested by the market.

　　The market has noticed that the investment performance of pensions is actually contributed by teams at two levels. On the one hand, the management team of the National Social Security Fund Council is responsible for the allocation of funds and assessment. On the other hand, the team of investment institutions responsible for investment in one or several professional directions.

　　It is understood that the "XXX Portfolio of Basic Endowment Insurance Fund", which has attracted much attention from the market, is actually a portfolio managed by an investment management institution in a certain direction. The assets of this portfolio usually focus only on a certain field of investment and do not make too many position adjustments, and its scale is dynamically adjusted by the social security fund according to the situation. For example, the pension portfolio starting with three characters is basically a fixed-income portfolio (including institutions such as Nanfang, Penghua, Dacheng, Yin Hua, ICBC Credit Suisse, Huatai Asset Management, Taikang Asset Management and CITIC Securities), while those starting with eight characters and nine characters are actively managed equity portfolios (including institutions such as E Fund, Bosera, Huaxia, Jiashi, Fuguo and Dacheng).

　　Usually, investment institutions that undertake pension management portfolio will set up special teams to screen the best fund managers in a certain field to participate in pension management. This is the same as managing the social security fund portfolio at the beginning. Huaxia Fund launched Wang Yawei and Bosera Fund arranged Guijiang and Deng Xiaofeng. Historically, during the fluctuation period of the A-share market, the combination of national social security fund management had a very classic operation.

　　Text/reporter Liu Shenliang

　　related news

　　Public Offering of Fund, the goal of providing for the aged, is coming.

　　(Reporter Zhu Kaiyun) The China Securities Regulatory Commission recently issued the "Guidelines for Pension Target Securities Investment Funds (Trial)" (hereinafter referred to as the "Guidelines") for public comments.

　　What is the pension target securities investment fund? According to the exposure draft, the pension target fund refers to a publicly raised securities investment fund that aims at pursuing the long-term steady appreciation of pension assets, encourages investors to hold them for a long time, adopts mature asset allocation strategies, and reasonably controls the risk of portfolio fluctuation.

　　At present, it is of great significance and necessity to formulate "Guidelines" and launch "Pension Target Fund": First, it is conducive to giving full play to the role of professional financial management in Public Offering of Fund’s pension investment. Second, it is conducive to the formation of special pension investment fund product categories, which is convenient for investors to identify and choose investments. At present, there are a large number of Public Offering of Fund, which has exceeded 4,000, with different styles. Formulating the Guidelines and clarifying the relevant arrangements of pension funds in terms of investment strategy and investment ratio will help to form special pension fund product categories and facilitate investors to identify and choose. Third, it is conducive to the long-term sustainable and healthy development of pension funds. In recent years, the industry has introduced some pension funds one after another, and most of them have achieved good returns by adopting a prudent investment strategy and controlling their positions. Summarizing the operation experience of pension funds in the early stage to form industry standards is conducive to the long-term sustainable and healthy development of pension funds.

　　According to the "Guidelines", pension target funds should adopt a regular and open operation mode or set a minimum holding period for investors to match the investment strategy of the fund. The closed operation period or the minimum holding period of the pension target fund should be no less than one year. If the closed operation period or the minimum holding period of the pension fund is not less than one year, three years or five years, the proportion of the fund invested in stocks, equity funds and hybrid funds shall not exceed 30%, 60% and 80% in principle.

　　The Guidelines require that the pension target fund should include the word "pension target" in the fund name and reflect the investment strategy. The pension target fund adopting the target risk strategy also needs to specify the product risk level in the fund name. Other Public Offering of Fund, shall not use the word "pension". In the publicity and promotion materials of the pension target fund, it should be clear that the name of "pension" does not represent income guarantee or any other form of income commitment, and it should be marked in a prominent position that the product does not break the capital and may suffer losses.