() The business review of the Board of Directors in 2021 is as follows:

　　I. The industry in which the company is located during the reporting period.

(I) General situation of the development of the company’s industry

According to the National Economic Industry Classification (GB/T4754-2017), the poultry slaughtering and processing business of the company belongs to the "C1352 poultry slaughtering" industry under "C135 slaughtering and meat processing"; The company’s feed production and sales business belongs to the "C1329 Other Feed Processing" industry under "C132 Feed Processing"; The sub-industry of the company’s commercial poultry seedling incubation and sales business is "A0531 Animal Breeding Activities" under "Animal Husbandry Professional and Auxiliary Activities"; The company’s production and sales of cooked food and conditioning products belong to the sub-industry of C1353 meat products and by-products processing under C135 slaughter and meat processing.

According to the Guidelines for Industry Classification of Listed Companies issued by China Securities Regulatory Commission, the company belongs to "C13 agricultural and sideline food processing industry".

According to China Poultry Industry Development Report, the poultry industry is a livelihood industry involving many farmers, which plays an important role in meeting the needs of residents for animal protein, ensuring the stable supply of major poultry products, increasing farmers’ income and actively participating in international competition. Since the reform and opening up, China’s meat and poultry industry has developed by leaps and bounds, forming a complete industrial system from breeding and commodity breeding in the upper reaches, slaughtering and processing in the middle reaches, and food production in the lower reaches. According to the Statistical Bulletin of National Economic and Social Development issued by the National Bureau of Statistics over the years, the output of poultry meat in China increased from 17.51 million tons to 23.8 million tons from 2014 to 2021.

With the rapid growth of the overall scale of the industry, all links have also achieved different degrees of development: in terms of upstream poultry breeding, under the policy, domestic enterprises have made a series of breakthroughs through technology introduction or self-research, gradually breaking the situation that some great-grandparent poultry breeds were completely monopolized by foreign companies in the past; In terms of commercial poultry breeding, with the changes of market supply and demand and competition pattern, the proportion of large-scale breeding has gradually increased. At the same time, the feed industry supporting breeding poultry and commercial poultry breeding is also maturing. According to China Feed Industry Yearbook and National Feed Industry Development Survey, China’s annual output of meat poultry feed is 89.096 million tons in 2021. In the poultry slaughtering and processing industry in the middle reaches, as a link between the preceding and the following in the industrial chain, the production efficiency has been continuously improved. On the one hand, the matching with the main breeding areas is more perfect, on the other hand, the ability to respond to the individual requirements of different specifications, locations, time and dosage in the lower reaches has been gradually improved, and industrialization and scale have developed rapidly. In the downstream cooked food processing industry, the development of cooking technology and consumption scenarios are constantly enriched, and the product categories are constantly innovating. National brands have emerged in individual segments.

From the product structure, poultry meat mainly includes chicken and duck. At present, the share of chicken meat in China’s market is relatively high, and the share of duck meat is constantly increasing. According to the data of China Poultry Industry Development Report, the total output of duck meat in 2020 will be 10,938,000 tons (including 9,280,400 tons of white feather duck). Compared with livestock meat, poultry meat has higher protein content and nutritional value, and lower fat and carbohydrate content. Processed poultry meat products become instant food that can be eaten directly, and more and more become an indispensable table and snack food in people’s lives.

(II) Overview of the industry in which it is located during the reporting period

Influenced by the change of supply and demand, feed price and epidemic situation, the prosperity of poultry industry presents certain fluctuation characteristics.

During the reporting period, the epidemic situation at home and abroad was repeated, and due to extreme weather and other factors, the price of grain rose sharply, the prices of feed raw materials such as corn and soybean meal continued to be high, and the breeding cost continued to rise; At the same time, during the reporting period, the downward price of pork and the huge supply of pork in the market brought great challenges to the meat market.

(III) The development trend of the industry in which the company is located

1. Food safety concerns are constantly improving.

With the rapid development of the global economy, the improvement of people’s living conditions and the continuous spread of manufacturing technology, the scale of food production continues to expand, showing a vigorous development momentum. While the demand for food is growing steadily, the global food safety problem has also become a hot spot of social concern. In China, since 2004, the relevant government departments have revised or promulgated the Food Safety Law of People’s Republic of China (PRC), the Regulations on the Administration of Veterinary Drugs, the Regulations on the Administration of Feed and Feed Additives, and the Regulations on the Prevention and Control of Pollution in Large-scale Livestock and Poultry Breeding, which reflects that the state has paid more and more attention to food safety issues, and the supervision and punishment for food safety violations are gradually increasing.

Under the background of increasing attention to food safety, China’s food safety traceability system is gradually being established and improved.

2. There is huge market space for poultry consumption growth.

Although the total consumption of poultry meat in China keeps increasing, there is still a big gap between the per capita consumption and that of developed countries and regions. According to the data of the National Bureau of Statistics, the total population of mainland China was 1,412.6 million in 2021. According to the calculation that all the poultry meat produced in 2021 was digested in China, the annual consumption of poultry meat per capita in China was only 16.85 kg.

According to the statistics of the website of the US Department of Agriculture, the annual per capita poultry meat in the United States has exceeded 60 kilograms, which is much higher than the consumption level in China. In addition, with the changes of meat demand and supply structure, consumption concept and consumption habits, China’s meat consumption structure will gradually change from traditional to convenient and fast, from pursuing quantity to pursuing health, individuality, youthfulness and functionality, the proportion of poultry consumption will be further improved, and the structural pattern of pork share will change. In 2021, the total output of pork in China was 52.96 million tons, exceeding the total output of poultry meat. In the United States, however, the output of poultry meat is close to that of pork. Compared with the United States, there is still much room for improvement of poultry in China.

3. The consumption of duck meat will further increase.

First of all, duck meat has extremely high nutritional value. According to the second edition of China Food Composition Table, the content of vitamin A in duck meat is 2.5-7 times higher than that of pork, beef and mutton, and the content of iron is significantly higher than that of pork and chicken. Every 100g of edible duck meat contains 9.3g of monounsaturated fatty acids, accounting for 50% of the total fatty acids, which is significantly higher than that of other meats, while the proportion of saturated fatty acids is 30%, which is lower than that of other meats, and is beneficial to enriching blood and maintaining the health of eyes, nose and mouth mucosa. Secondly, duck meat occupies an important position in China’s food culture. In recent years, consumption scenes are constantly enriched, and consumption areas are constantly expanding, including not only cooking in traditional catering channels, such as roast duck, salted duck and duck blood vermicelli, but also the proportion of leisure consumption is constantly increasing, and preserved fresh and packaged marinated products are constantly emerging. The change of market positioning has also made consumers pay more attention to duck products, and industry operators have further studied the market development methods, and the consumption of duck meat will be further improved.

4. The proportion of large-scale farming has been further improved.

Compared with small-scale free-range farming, large-scale farming has the advantages of high production efficiency, high standardization and easy management. In recent years, the upstream aquaculture end of the industrial chain, especially commercial poultry farming, has evolved from small-scale free-range farming to large-scale and standardized farming, and the degree of large-scale production has been continuously improved. According to the third national agricultural census in 2017, the stock of poultry farming in China accounted for 73.9%. However, compared with developed countries and regions, the scale of poultry breeding in China is still at a low level. According to the data of the 2017 agricultural census in the United States, the number of farms with 10,000 or more chickens in the American broiler breeding industry accounts for 97.1%. Therefore, there is still room for the scale development of poultry breeding in China.

5. Industrial chain integration has become an important direction of industry development.

With the help of capital, technology, scale and other advantages, some advantageous enterprises gradually extend to other links in the industrial chain, or directly build a production system with a full cycle of the whole industrial chain, or first form a diversified production enterprise with multiple links and businesses in the industrial chain to stabilize the performance fluctuations of different sectors and maintain the competitive position in the market. Industrial chain integration will become an important direction of industry development.

(IV) The position of the company in the industry

After years of development, the company has become a leading poultry food enterprise in China, and its main business mainly covers four business sectors: poultry slaughtering and processing, feed production and sales, hatching and sales of commercial poultry seedlings, and production and sales of cooked food and conditioning products.

From 2018 to 2021, with the total poultry meat market increasing year by year, the company’s poultry meat product output grew at a faster rate than the industry growth, and its market share increased from 4.38% to 5.52%, further consolidating its position in the industry. At present, the company is the executive chairman unit of Baiyu Meat Duck Working Committee of China Animal Husbandry Association, the vice chairman unit of Waterfowl Branch of Shandong Animal Husbandry Association, the executive director unit of Shandong Meat Association and the vice chairman unit of Shandong Feed Industry Association, and has won many honors such as National Key Leading Enterprises in Agricultural Industrialization, Top 20 Enterprises in Agricultural Products Processing Industry in Jiangsu Province, Provincial Key Leading Enterprises in Agricultural Industrialization in Jiangsu Province, Advanced Enterprises in China Meat Food Industry in 2021 and Most Valuable Brand in China Meat Food Industry in 2021.

The company has obtained the certification of Hazard Analysis and Critical Control Point (HACCP) in GB/T 27341-2009, the certification of food safety management system in GB/ T 22000-2006/ISO 22000: 2005 standard GB/T 27303-2008 and GB/ T24001-2016 IDT ISO 14001: 2015 Environmental Management System Certification Certificate, etc., has a good quality control system, serves more than 2,000 high-quality customers across the country, and has become the flagship product of new retail such as Ding Dong’s grocery shopping and box horse fresh food, an important partner of large-scale catering such as Haidilao and Pizza Hut, and meets a large number of stable demands of well-known brands such as Anjing, Shuanghui, Zhou Heiya and Juewei.

In the future, with the gradual production of the company’s initial public offering and investment projects, it will help the company’s market share to be further enhanced and its comprehensive competitiveness will be further enhanced.

II. Main businesses of the Company during the reporting period

The company shall comply with the disclosure requirements of "business related to food and wine manufacturing" in the Guidelines for Self-regulation of Listed Companies of Shenzhen Stock Exchange No.3-Disclosure of Industry Information, and the company shall comply with the disclosure requirements of "business related to livestock and poultry and aquaculture" in the Guidelines for Self-regulation of Listed Companies of Shenzhen Stock Exchange No.3-Disclosure of Industry Information.

(I) Overview of the company’s main business

The company is a leading poultry food enterprise in China. During the reporting period, the company’s main business scope mainly covers many links in the industrial chain of meat and poultry industry, mainly including four sectors: poultry slaughtering and processing (hereinafter referred to as "slaughtering sector"), feed production and sales (hereinafter referred to as "feed sector"), commercial poultry seedling incubation and sales (hereinafter referred to as "breeding sector"), and production and sales of cooked food and conditioning products (hereinafter referred to as "cooked sector").

(II) Introduction of the company’s main products

During the reporting period, the main products of the company’s business segments include: slaughter segment: slaughter business is engaged in the slaughter and segmentation of meat ducks and broilers, in which duck products mainly include duck neck, duck head, duck breast, duck wings, duck legs, duck feet, duck gizzards and duck blood; Chicken products mainly include chicken breasts, chicken legs, chicken wings and chicken feet.

Feed plate: feed business is to produce and sell feed, and the main products include duck feed and chicken feed.

Poultry breeding plate: the poultry breeding business is the production, incubation and sales of commercial substitute chickens and ducks, and the main products include commercial substitute ducks and chickens.

Cooked plate: Cooked business includes prepared products and cooked food business. Among them, the cooked food business mainly operates "Aiya" brand marinated food, and its main products include leisure marinated food such as duck neck, duck collarbone, duck paw and duck wings. According to the product form, it is divided into two categories: fresh products and packaged products; The business of conditioning products is mainly to produce and sell conditioning products. The main products include more than 100 kinds of conditioning products such as curing, cooking, frying and smoking.

(III) Main performance drivers

1. The industry demand is improving.

White meat, such as poultry meat, has the health attributes of high protein and low fat content. With the changes of meat demand and supply structure, consumption concept and consumption habits, China’s meat consumption structure will gradually change from traditional to convenient and fast, from pursuing quantity to pursuing health, individuality, youthfulness and functionality. The proportion of poultry meat consumption will be further improved, and the structural pattern of pork share will change, so China’s poultry has a greater room for improvement.

In recent years, the modern catering service industry represented by chain restaurants has developed rapidly. Because of the higher standardization, lower cost and stronger processing properties of poultry meat, catering channels are more willing to use poultry meat as meat raw materials to a certain extent, which promotes the growth of poultry meat consumption.

2. Integrated layout of industrial chain

During the reporting period, the company’s main income and profit came from poultry slaughtering business. For the slaughtering meat processing industry, its operation is closely related to the fluctuation of upstream aquaculture, so the integrated layout is particularly important. On the one hand, the integrated layout can effectively reduce the transaction costs of all links in the industrial chain and improve the overall profitability of the company. On the other hand, the integrated layout can effectively stabilize the fluctuation of the cycle, especially in the field of deep processing. Because it includes processing value-added and brand premium, the gross profit margin is generally higher. Now, the company has completed the multi-link layout of the meat and poultry industrial chain. In the future, the company will continue to strengthen the weak links in the downstream of the industrial chain, further increase the proportion of high value-added products, and further enhance its competitiveness by taking advantage of the integration of the industrial chain.

(4) Business model

The company’s main business mainly covers poultry slaughtering and processing, feed production and sales, commercial poultry seedling incubation and sales, and the production and sales of cooked food and conditioning products. In terms of operation and management, on the one hand, all sectors are independent of each other and have the ability to operate independently; On the other hand, because they belong to the industrial chain of the meat and poultry industry, there is a certain degree of upstream and downstream linkage between the business sectors. By well managing the upstream and downstream linkage of the industrial chain, the efficiency of the industrial chain can be improved, and the company can obtain higher synergistic benefits, thus effectively resisting the business risks of a single business link in the industrial chain.

1. Purchasing mode

(1) Slaughtering plate

Raw materials for slaughter business are hairy ducks and chickens, and the company mainly adopts breeding contract procurement mode to meet the needs of slaughter business. Under the breeding contract procurement mode, the company first signed the "Duck/Chicken Procurement Framework Contract" with the breeding owners; Subsequently, the companies in the slaughter plate signed batch contracts with the aquaculture owners according to the annual production plan.

Breeding owners need to breed in accordance with the breeding terms agreed in the Purchase Framework Contract for Hairy Duck/Hairy Chicken and the batch contract, and the companies in the slaughter plate purchase the hairy duck or the hairy chicken according to the price settlement formula agreed in the batch contract. The company mainly purchases from aquaculture owners near the company’s slaughter line.

(2) Feed plate

The raw materials purchased for feed business are mainly corn and soybean meal. The mode of feed business procurement is centralized inquiry procurement and personalized customization. Centralized inquiry procurement is mainly aimed at raw material varieties (corn and soybean meal) with large usage, which are mainly purchased from bulk raw material suppliers or grain and oil enterprises. Personalized customization refers to some by-products of corn and wheat, etc. The company negotiates and purchases with partners according to the feed formula.

(3) Poultry plate

The company’s poultry breeding business mainly purchases parents’ seedlings (parents’ ducks and parents’ chickens) and feed.

The procurement mode of the company’s parents breeding duck chicks and parents breeding chicken chicks is the introduction plan mode. Under the introduction plan mode, the purchase quantity is arranged according to the production plan. According to the production capacity provided by the production department, the production department shall submit the overall procurement plan and batch procurement plan for the next year before the end of December each year, and the procurement department shall sign a letter of intent with the supplier after it is approved by the procurement leading group of the poultry platform. On the basis of the annual overall procurement plan, the procurement department arranges the procurement in batches according to the annual production plan, and signs specific procurement contracts with suppliers. Under normal circumstances, the seedling purchase contract is signed within 2 months before the specific introduction of duck seedlings; Chicken seedlings shall sign a seedling purchase contract within 1 month before the specific introduction.

At present, the purchase mode of the feed that parents need for breeding poultry on the poultry breeding platform is mainly internal quantitative purchase. Under the internal quantitative purchase mode, the purchasing department of the poultry breeding platform directly signs a feed purchase contract with the feed sector subsidiary according to the production plan to ensure a long-term and stable supply of feed, and purchases once every 3-4 days on average.

(4) Cooked plates

Raw materials purchased by cooked food and conditioning products business mainly include raw meat and accessories. The purchase mode of raw meat used in the production of cooked food and conditioning products business is mainly internal quantitative purchase; For some raw meat and accessories, the procurement mode is mainly external inquiry procurement. Under the internal quantitative procurement mode, the purchasing department of cooked food and conditioning products directly purchases raw meat from the companies in the company’s slaughter plate according to the production plan to ensure the high quality and stable supply of raw meat. In principle, it purchases daily. Under the external inquiry purchasing mode, the purchasing department selects the appropriate suppliers for inquiry, price comparison and negotiation according to the materials requested by the production department, and finally signs a purchase contract, and makes an average of 1-4 purchases per month according to different categories of materials requested.

2. Production mode

The company’s main business includes slaughter, feed, poultry breeding and cooked food. At present, the main production mode is independent production. Due to the gradual production of Shandong Yixing Agriculture and Animal Husbandry, Mengyin Jinjiyuan and Mengyin Kangyu subsidiaries, the egg production capacity is gradually released. In order to ensure the timely supply of farmers’ orders and solve the problem of tight hatching capacity when eggs are produced centrally, the company’s poultry plate has some entrusted hatching business. During the cooperation, the company managed the whole process in the aspects of trustee selection, incubation standards and acceptance and warehousing, and there were no major quality problems of chickens and ducks during the reporting period.

3. Sales model

(1) Slaughter plate: The customers of the company’s chicken products and duck products include direct selling customers and distribution customers. Direct sales customers, mainly Zhou Heiya, () and Shuanghui Fa.

Zhandeng Distribution customers, mainly the company’s dealers and supermarkets.

(2) Feed sector: The company’s feed business mainly sells feed directly to breeding companies or owners.

(3) Poultry breeding plate: The company’s poultry breeding business mainly sells commercial substitute chickens and ducks directly to breeding companies, owners or enterprises in the same industry.

(4) Cooked plate: The cooked food business mainly adopts the sales mode of franchise chain and OEM, and a few packaged goods pass through terminal supermarket stores (supermarket suppliers).

And online e-commerce sales; The customers of the company’s conditioning products include direct selling customers and distribution customers. The direct selling customers are mainly catering industry, and the distribution customers are mainly wholesale and supermarket suppliers.

Third, the core competitiveness analysis

1. China is a large-scale poultry food leading enterprise with obvious scale advantages.

Yike Food is one of the large-scale agriculture, animal husbandry and food enterprises in China. Based on the advantages of capital, technology and scale, the company has become a leading poultry food enterprise in China, with significant scale advantages.

With the increasing attention of the country and people to food safety, the standards of food hygiene and animal and plant inspection and quarantine are gradually improved. As a large-scale enterprise with multiple business links, the company can implement the whole process control of food safety in feed production, slaughtering and food processing, and effectively detect and technically control epidemic diseases and product quality and safety.

As one of the fastest growing and most efficient enterprises in the poultry industry in China, the company will continue to consolidate its market position in the next three years, and maintain and strengthen its scale advantage by strengthening its marketing ability and expanding its market share.

2. Outstanding quality and brand value, and continuous leadership.

The company attaches great importance to product quality and has a good quality control system. Based on the company’s good product quality, the products produced by the company have high popularity and reputation in the whole industry, and thus a relatively complete enterprise sales network is established, with long-term cooperative dealers and stable consumer groups. At present, the company has been recognized by many large-scale partners in the market, and it is the main product of new retail such as Ding Dong grocery, Boxed Ma Xiansheng, and an important partner of large-scale catering such as Haidilao and Pizza Hut, and meets a large number of stable demands of well-known brands such as Anjing, Shuanghui, Zhou Heiya and Juewei, benefiting customers with excellent brand ability, channel development and compounding ability, and promoting the company’s new round of profitability improvement.

3. Market competitive advantage: the industrial structure layout with great tension.

Yike Food’s main business covers many links in the industrial chain of meat and poultry industry, among which poultry slaughter business occupies a major position, and slaughter processing is a key link in the transformation from means of production to commodities. With the advantage of slaughter, the upstream (feed, seedlings, breeding, etc.) can be integrated, the quality can be improved and the cost can be reduced, and the market side can develop the deep processing business of conditioning products and cooked food with the help of channel advantages, thus improving the company’s gross profit.

At the same time, the regional layout of Yike industry follows the principle of "being close to the market and resources", while Shandong and Jiangsu are the dominant producing areas of China white feather meat poultry. Yike base radiates the three most important market areas in China, namely, Beijing-Tianjin-Hebei, Yangtze River Delta and Pearl River Delta, with obvious geographical advantages.

4. Experienced founding team and talent advantages

The management has worked in the meat and poultry industry for more than 15 years on average, and has rich industry experience and profound industry insights. They not only have strong ability to grasp market opportunities and adapt to market changes, but also have good foresight on the market development trend of the meat and poultry industry. In addition, through years of accumulation, the company has also trained a large number of junior and middle-level management cadres in slaughter processing technology, feed formula technology, breeding technology, disease prevention technology, conditioning and cooked food processing technology, information technology and marketing. Through organic coordination and running-in collocation, all kinds of outstanding talents make the company’s comprehensive management level get the maximum play.

5, always committed to the development strategy of industrial technology research and development and application.

As a leading growth enterprise in agriculture, animal husbandry and food industry, Yike Food conforms to the development of national agriculture and science and technology strategy, meets consumers’ growing expectations for food safety, health and speed, and meets customers’ demand for efficient and stable supply chain. The company attaches importance to driving enterprise development with scientific and technological innovation, and lists "science and technology benefiting customers" as a major development strategy. Great achievements have been made in intelligent breeding, genetic breeding, modern equipment, safety traceability system construction, pollution control of livestock and poultry breeding, technical system construction of waterfowl industry, etc. It has successively won many national, provincial and ministerial honorary titles such as "National Demonstration Zone for Intelligent Breeding of Poultry" and "Demonstration Enterprise for Safe and Healthy Meat Food", and has established "National Engineering Laboratory for Pollution Control and Recycling Technology of Livestock and Poultry Breeding" and "Suqian Comprehensive Experimental Station for National Waterfowl Industrial Technical System". By the end of the reporting period, the company had 101 valid patents, of which 24 were invention patents, 73 were utility model patents and 4 were design patents.

Fourth, the main business analysis

1. Overview

During the reporting period, affected by the epidemic situation, the relationship between supply and demand, and the increase in food prices, the meat and poultry industry as a whole was relatively depressed. However, in the long run, with the changes of meat demand and supply structure, consumption concept and consumption habits, poultry meat will be favored by more and more consumers because of its high protein, low fat, low cholesterol and low calorie, and there will be greater room for growth in poultry meat consumption in the future.

Faced with the repeated epidemic situation at home and abroad and the complicated economic situation, all employees of Yike Food worked together in Qi Xin to overcome the difficulties and not be afraid of challenges, and the company as a whole maintained healthy and steady development. In 2021, the company realized an operating income of 16,414,226,300 yuan, an increase of 14.05% over the same period of last year; The net profit attributable to shareholders of listed companies was 117,135,300 yuan, down 18.75% from the same period of last year.

In 2021, in the face of the epidemic situation in COVID-19 and the complicated economic situation at home and abroad, the company actively responded to the national rural revitalization strategy, continued to promote scientific and technological innovation and healthy industrial development, and ensured the people’s consumption and supply of safe and healthy poultry products, and focused on the following aspects:

(1) The company always adheres to the business policy of "customer first, quality first", integrates the upstream and downstream of the industrial chain, continuously optimizes the resource structure, implements the brand promotion strategy, subdivides the market, and steadily increases the market share.

(2) The company’s new project, Shandong Zhongke Food Industrial Park Cooked Products Construction Project, expanded poultry cooked food project with an annual output of 20,000 tons, and Xuzhou Runke Food Co., Ltd.

Meat and poultry processing projects were completed and put into operation one after another in 2021, especially with the commissioning of two cooked deep processing projects, the company’s production capacity and delivery capacity of cooked food and cooked products in sauce and halogen products were greatly improved, and the ability to serve customers was also improved; In the future, with the release of production capacity of new projects, the company’s market share and market share will be further improved.

(3) During the reporting period, the company continued to push forward the strategy of "benefiting customers digitally" and further improved the company’s operational efficiency through digitalization of business and management.

(4) During the reporting period, the domestic epidemic situation was repeated and the situation was still grim. The company always paid attention to the epidemic situation. As an enterprise for ensuring people’s livelihood and supply, the company actively assumed the social responsibility of ensuring operation and supply, formulated emergency plans and production protection plans for epidemic prevention and control, increased the implementation of daily disinfection measures, and cooperated with local governments in epidemic prevention and control.

At the same time, ensure safe production and operation and stable supply of poultry meat market.

(5) Continue to develop the functions of education and scientific research, innovate the recruitment and training mode of talents through cooperation with scientific research institutes and universities, and create a model to attract and train outstanding talents.

Innovate the platform, improve the process ability and value creation ability of all links in the company’s value chain, and continuously enhance the company’s core competitiveness.

(6) During the reporting period, the key points and highlights of each link in the company’s industrial chain:

Breeding poultry plate: the construction of production technology system, the popularization and application of automation equipment at breeding poultry breeding end, and the production quality index is at the leading level in the industry; Feed sector: feed bulk raw material procurement ensures the quality and stable supply of feed bulk raw materials by deepening cooperation with large state-owned suppliers, and improves the quality and supply stability of OEM customized feed by cooperating with excellent enterprises; Slaughtering plate: In 2021, the production side further strengthened balanced production and regional coordination, and the overall balance, raw material supply coordination and order distribution efficiency improved significantly, the ability and speed of responding to the market improved significantly, and the quality and delivery capacity of products improved steadily; At the same time, through innovation and improvement, process standardization, research and development and application of automation equipment, process capacity and production efficiency have been significantly improved; The raw material side takes it as its responsibility to drive farmers to increase their income and get rich and help rural revitalization. Through the research, development, application and promotion of new technologies and equipment, it constantly breaks through the technical bottleneck of meat duck breeding; At the same time, actively explore a variety of ways to utilize manure resources, such as planting and breeding, and take the road of circular economy and ecological agriculture; Establish an effective fund guarantee and mutual assistance mechanism by using industrial finance and combining various cooperation modes.

Cooked plate: In 2021, the company gave full play to the advantages of the company’s industrial chain, guided by market demand, and relied on the advantages of existing channels to continuously strengthen the "business-research-production-sales" value creation process, keep up with the market demand, constantly innovate and enrich the research and development and production of cooked food and prepared products of sauce and halogen products, and carry out online and offline cooperation with e-commerce new retail formats such as () and Baicaowei, as well as "Love Duck" own brand franchise chain.

V. Prospect of the Company’s Future Development

(A) the company’s future development strategy

The company’s overall development strategy: based on the principle of "customer first, quality first", the concept of comprehensive digitalization and integrated operation logic and strategy, we will maintain growth, and at the same time realize the comprehensive improvement of product quality, service quality, management quality and talent quality, thus releasing production capacity and profitability.

(II) The company’s annual business plan for 2022

In 2022, under the leadership of the board of directors, the management of the company will seize the opportunity, focus on the development of its main business, improve its ability of continuous innovation, improve its management level, actively promote the business development and the growth of its operating performance, realize the sustainable development of the company, and focus on the following aspects:

1, comprehensive management system construction

In order to continuously meet the expectations and requirements of customers, investors and interested parties, and realize the long-term success of the company, Yike Food promotes the construction of integrated management system, continuously improves the functions of existing organizations according to the company’s medium-and long-term strategy, and focuses on process improvement, process standardization and top-down target task responsibility system operation, so as to enhance the efficiency of the whole value chain, build profitability and comprehensively improve the company’s operating quality.

2. Business plan

The company will focus on the development of its main business, expand its production capacity through the implementation of the initial public offering of shares, expand its production scale and strengthen its sales team through technological upgrading, and continuously increase its market share and consolidate its market position. At the same time, the company will continue to increase the proportion of high value-added channels, further increase the proportion of sales of cooked and customized fresh products, develop the market through innovative means and new products in market development, increase market share, and continuously optimize product structure and increase the proportion of mid-to high-end products, so as to continuously enhance the company’s profitability.

3. Brand plan

Brand strategy is a necessary condition for enterprises to achieve rapid development. The company will continue to improve the layout of marketing network, expand the marketing team, strengthen the depth and breadth of customer coverage, adjust the organizational structure and responsibilities in time according to business needs, deepen customer needs and enhance customer satisfaction; At the same time, through the rational allocation of market resources, we will create representative high-quality products and further enhance brand influence.

4. Talent plan

Doing a good job in human resources construction of the company is an important guarantee for the company’s strategy and business development. According to the needs of strategic development, the company will strengthen internet education, train, tap and improve the ability of employees, especially in the medium and long term, do a good job in building the team of four types of talents, such as breeding technical talents, automation technical talents, management talents and market development talents, and do a good job in pragmatic human resources foundation for implementing the company’s development strategy and development plan.

5, digital plan

In 2022, the company continued to list "digital benefits to customers" as a major development strategy. According to the company’s comprehensive management system, it closely integrated digitalization with management reform, business transformation and process reorganization, and guided by business needs, integrated processes with the Internet, comprehensively promoted the company’s digital transformation, provided informationization and networking support for the company’s overall operation, and provided long-term support for the company to realize business integrated information management.

6. Improve corporate governance.

The company will take the opportunity of initial public offering of shares and listing on the Growth Enterprise Market, strictly follow the requirements of the Company Law, Rules for Listing of Shares, Guidelines for Standardized Operation and other laws, regulations and normative documents, improve the construction of the company’s internal control system, continuously improve the corporate governance level, and form a corporate governance structure that performs its duties, restricts each other and regulates its operation; Promote the scientific and institutionalized decision-making on major issues; Strengthen information disclosure and investor relations management, improve the transparency of the company’s operation, and improve the company’s operation efficiency while improving the existing corporate governance structure.

(3) Possible risks and countermeasures

1, animal epidemic and other natural disaster risks

The company’s main business scope covers many links in the industrial chain of meat and poultry industry, and the epidemic situation of poultry animals is one of the main risks faced by the company in its production and operation. The impact of animal epidemics such as bird flu on the company is mainly reflected in:

(1) If a serious animal epidemic occurs in the surrounding area of the company or nationwide in the future, the poultry in the epidemic area will be destroyed, the supply of raw materials will be insufficient or the quality of raw materials will be damaged, and the price of raw materials will fluctuate greatly;

(2) The emergence of a large-scale epidemic will reduce the desire of end consumers to buy poultry meat, resulting in a decrease in the market demand for the company’s products;

(3) If an animal epidemic occurs in the company’s own subordinate farms, the company’s autotrophic poultry will be destroyed and the company will suffer asset losses.

In addition, if major natural disasters, such as severe climate change and insect pests, cause a large reduction in agricultural production, the costs of feed production and poultry breeding will rise sharply, and the company’s procurement costs will increase; Severe weather such as rainstorm, blizzard and hail will bring inconvenience to road transportation and increase the transportation cost of materials and products.

In recent years, the company has promoted large-scale and standard farms, equipped with specialized breeding technical service personnel, and strictly implemented epidemic prevention measures to help aquaculture owners increase their ability to fight animal epidemics; At the same time, the company has established emergency plans for natural disasters, and the large-scale and standardized farms have also increased their ability to resist the risks of natural disasters compared with the breeding sheds built by the owners themselves.

2. Food safety risks

Food safety has always been the top priority of meat processing enterprises. In recent years, the state has promulgated a series of laws and regulations, such as People’s Republic of China (PRC) Food Safety Law, People’s Republic of China (PRC) Food Safety Law Implementation Regulations, and People’s Republic of China (PRC) Agricultural Products Quality Safety Law, to further strengthen the social responsibility of food producers and risk control and restraint measures, and to increase the punishment of offenders. Although the company has established strict quality control systems and standards, if food safety accidents or quality problems occur due to poor quality control and inadequate management, it may adversely affect the company’s reputation and operation.

To this end, the company continues to strengthen food safety in the first place, and constantly strengthen supervision over food safety through various procedures such as feed and drug control, breeding process supervision and acquisition supervision, and strictly implement food safety in all aspects of production and operation, so that safe, secure and green customer-friendly products can enter thousands of households.

3. Environmental protection risks

The pollutants produced in the company’s production mainly include waste water, waste gas and a small amount of solid waste such as feces and sludge. In addition to the company’s own production and operation activities, the company’s daily business relies on farmers as the main source of raw materials supply for the slaughter plate. If the environmental protection policies of the state and local governments are adjusted, the environmental protection requirements for the breeding and slaughtering industries will be further improved, which will increase the production costs of the company and farmers in purchasing and building environmental protection facilities, paying sewage charges and other operating expenses, and have an impact on the profitability of the company.

In 2013, the State Council promulgated the Regulations on the Prevention and Control of Pollution from Large-scale Livestock and Poultry Farming, which clearly defined the prohibited areas, and all the farms in the prohibited areas were moved or closed by themselves within a time limit. If the local government further adjusts the land planning and redefines the no-breeding areas in the future, the farms of the company’s farmers will face the risk of moving or closing within a time limit, which may adversely affect the company’s production and operation.

To this end, the company introduced new equipment, new technologies and new processes to improve the company’s environmental governance capabilities. The company insists on constantly promoting environmental protection knowledge to employees, improving their awareness of environmental protection, and achieving the sustainable development goal of harmonious coexistence between enterprises and the environment through the joint efforts of all employees.

4. Risk of price fluctuation of products and raw materials

The company’s main products are duck products, chicken products, feed, ducklings, chickens, cooked food and conditioning products, and the main raw materials include hairy ducks and chickens. The company’s products and raw materials cover many links in the industrial chain of poultry breeding industry, and their market prices change with the supply and demand of each link in the industrial chain, showing certain fluctuations.

China’s poultry farming industry has a low degree of large-scale farming. Under the background of market structure that small-scale farmers account for the main part of the breeding population and the degree of large-scale farming needs to be improved, it is easy to cause large fluctuations in the market supply level, so the prices of duck products, chicken products, duck seedlings and chicken seedlings may change greatly in a certain period of time. At the same time, due to the different links in the industrial chain, the prices of the company’s main raw materials, duck and chicken, also change with the relationship between supply and demand. Although there is a certain linkage effect between the prices of products and raw materials, there are certain uncertainties in the price transmission time and the range of change, which will have a certain impact on the company’s profitability.

Different from a single business company, the company’s main business scope mainly covers many links in the industrial chain of the meat and poultry industry. The company’s products have the characteristics of the whole industrial chain, which can moderately alleviate the impact of the downward price of a single product on the company as a whole.

5, the risk of fluctuations in operating performance

Influenced by the change of supply and demand, feed price, epidemic situation and other factors, the prosperity of poultry industry presents certain fluctuation characteristics. In recent years, although the company’s business scale has been expanding, the company’s operating performance has also fluctuated due to the fluctuation of the industry, especially during the rotation of the industry from the rising cycle to the falling cycle, the company’s operating performance will drop sharply, and it will be at a low level during the relatively low valley. Taking 2018-2020 as an example, 2018 and 2019 are the upward cycles, especially in 2019, when the industry demand is large, the high gross profit mobilized the enthusiasm of farmers and stimulated the increase of industry capacity in a short period of time. In 2020, due to the rotation of industry cycles, the net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses decreased by 65.59% compared with 2019.

From 2019 to 2021, the company’s operating income was 15.554 billion yuan, 14.392 billion yuan and 16.414 billion yuan respectively, and the net profit attributable to the parent company after deducting non-recurring gains and losses was 363 million yuan, 125 million yuan and 105 million yuan respectively; From the perspective of periodic changes in the industry cycle, 2019 is an upward cycle, and the overall operating performance of the industry is good. The high gross profit has aroused the enthusiasm of farmers and stimulated the increase of the industry’s production capacity in a short period of time. In 2020, due to the rotation of the industry cycle, the net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses decreased by 65.59% compared with 2019. In 2021, the net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses decreased by 15.89% year-on-year. Due to the periodic changes in the relationship between supply and demand in the industry where the company is located, the company’s performance has dropped significantly in the down cycle.

The company’s main business scope mainly covers many links in the industrial chain of meat and poultry industry, and its products have the characteristics of the whole industrial chain. Based on the characteristics of the company’s products, in terms of operation and management, on the one hand, all sectors are independent of each other and have the ability to operate independently; On the other hand, because they belong to the industrial chain of meat and poultry industry, there is a certain degree of upstream and downstream linkage between the business sectors. By well managing the upstream and downstream linkage of the industrial chain, the company can obtain higher synergy, thus effectively resisting the business risks of a single business link in the industrial chain. In the future, the company will continue to strengthen the industrial chain layout, reduce the performance fluctuation caused by a single business link and increase profitability.

6. The impact of repeated epidemics on the company’s production and operation

Since 2020, the limited transportation caused by the epidemic and the closure of centralized places such as restaurants have had a certain impact on the company’s raw material supply, operating rate, sales scale and product market price. However, with the introduction and implementation of a number of policies to protect people’s livelihood and supply and support enterprises to return to work, the company’s procurement and production will gradually return to normal levels. Although the situation of epidemic prevention and control in China continues to improve, if the epidemic continues to spread in local areas or other countries and cannot be effectively controlled globally, it will still have an adverse impact on the macroeconomic situation and consumer demand, thus causing certain uncertainty to the company’s operating performance in the next few years.

To this end, the company will pay close attention to the development of the epidemic, make a response plan in advance, and actively deal with and respond to the risks and challenges it brings.

7. Risk of performance decline

In 2020, due to the impact of the epidemic on the daily consumption of residents and the market price of all links in the poultry meat industry chain, and the cyclical fluctuation of the poultry seedling market, the company’s operating performance in 2020 declined compared with that in 2019, of which the net profit attributable to shareholders of the parent company decreased from 363 million yuan in 2019 to 125 million yuan in 2020, a decrease of 65.59%. In 2021, due to the decline in the profitability of the chicken products sector, the net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses decreased by 15.89% compared with the same period in 2020.

Affected by the change of supply and demand in each link, the market price of different links in the poultry meat industry chain still fluctuates periodically. The company’s products and raw materials cover many links in the industrial chain of poultry breeding industry, and the change of market price still makes the company’s performance fluctuate or decline.

With the release of production capacity of fundraising projects, the company’s comprehensive competitiveness will be further enhanced, which is conducive to the further improvement of overall profitability.

Angela Zhang; Angela Chang

1905 movie network news　 Did you get hit by a melon provided by Angela Zhang this afternoon?

Christine, Angela Zhang

It is said that the feud between Angela Zhang and Christine has a long history, which may date back to 8 years ago. …

At that time, Angela Zhang and Christine, both of whom belonged to Fumao Record Company, were still related to each other. Christine was a fellow teacher and sister of Angela Zhang, but Angela Zhang got ahead.

Christine; Fan Fan

You know, Christine has always been Fumao’s "own daughter". In 2000, she debuted with the album "Fan Fan’s World", and with the rhythm of an album almost every year, she also won her place with her distinctive timbre and the appearance of an oxygen beauty. In 2006, she also challenged to be a variety show host. Although her hosting skills were lacking, the style of silly elder sister was also considered by the outside world as her "truth" and "simplicity" and became an example of high-quality idols at that time.

Angela Zhang; Angela Chang

However, Angela Zhang was not favored at the beginning of her debut, but with her wonderful performance in many idol dramas, the sweet and lovely Angela Zhang gained a lot of popularity and became the queen of idol dramas at that time. The songs performed in the play are also very popular, such as "Lost Beauty" and "Invisible Wings" … After that, many records and idol dramas made Angela Zhang quickly popular on both sides of the strait.

"if things" MV

In 2005, in order to "kiss his daughter" Christine, Fumao tied Angela Zhang and Christine, who were in the limelight, and a song "What If" was born. Later, under the arrangement of the company, the cooperation between the two people broke out frequently, which made this "plastic sisterhood" warm up.

Angela Zhang Christine’s early intimate photo.

But at that time, it seemed that the two were really like sisters, and their feelings were very good. No matter what the occasion, Angela Zhang takes Christine with him, and almost all the guests in each concert are Christine.

Christine (left)Claire Kuo (middle) Angela Zhang (right)

Under the fermentation of "sisterhood", Christine’s popularity has also been improved. Fumao seems to have enjoyed the benefits, and won the popularity of Claire Kuo through the influence of Angela Zhang and Christine.

However, during this period, there were rumors from time to time that Angela Zhang and Christine did not agree because of the "dispute of one elder sister".

Until 2008, Angela Zhang stopped work due to a heart attack and went back to Canada to recuperate. Later, Zhang’s mother broke the affair, and the mother and daughter broke the news that they had turned against each other and abandoned their foster care. During this period, Zhang’s mother also took all Angela Zhang’s savings, which was even more exciting than the dog blood drama.

Angela Zhang’s mother-daughter dispute farce

In the end, Angela Zhang held a press conference to announce that the fate of mother and daughter had ended, but Angela Zhang’s career was affected and plummeted.

Christine avoided the Angela Zhang incident.

When Angela Zhang experienced various changes, the so-called "good sister" Christine not only avoided Angela Zhang, but also poached Angela Zhang’s assistant Lv Danshui. The company also added fuel to the fire and caused a contract dispute.

The two were embarrassed on the same stage in 2010.

In 2010, although they sang the familiar melody again on the same stage, they were embarrassed to overflow the screen.

Christine isLv danshui is unfair.

In 2011, Angela Zhang and Fumao officially terminated their contract, and Christine sent a message for Lu Danshui, the assistant of her husband Chen Jianzhou, insinuating that Angela Zhang was not good to his assistant in Weibo. Although Angela Zhang also fought back, it did not arouse much splash because of the loss of popularity.

Angela Zhang responded.

The tables have turned, and 2015 is like being "lowered" for Christine, which is also the beginning of the collapse of Christine.

Christine is on the small S program.

Christine military parade basks in the baby to recruit black.

After giving birth, Christine was scolded by Xiao S when she was in Kangxi. She and Wu Peici formed a small team to crowd out herself and Da S, which made netizens feel that she was hypocritical and fickle. After digging a grave, she actually tore up the black history of Wu Peici, Christine, and the feud with Angela Zhang. In the same year, Christine also recruited a large amount of Bosnia and Herzegovina powder because she made a blog in the military parade. Afterwards, she responded, and everyone who saw it had to worry about her double business.

Record the same program

And when everyone thought that it was impossible for them to be on the same stage again, last year’s program "Masked Singers Will Guess" let them be on the same stage again. Although there was no confrontation, it was full of gunpowder.

Full of gunpowder

In September 2017, after the broadcast of the program, Angela Zhang wrote: "Everyone should have intimate friends, and the hypocritical world will get sick if it stays for a long time." Many netizens thought this was an allusion to Christine, but Angela Zhang quickly retorted that he was just expressing his feelings and didn’t target anyone. It was also after Angela Zhang made this wave of refutation that the fighting temporarily subsided for a while.

Angela Zhang responded.

It was also the wonderful performance of Angela Zhang in the program that made her return to everyone’s sight after years of silence, and accumulated popularity and popularity for the return. Bazaar Charity Night also seemed to unblock her hot search system.

Angela Zhang; Angela Chang

Recently, Angela Zhang’s wonderful performance in "The Singer" is also remarkable, and her own story sung in the program has caused netizens to dig up her old feud with Christine, so that Weibo in Christine has been cursing.

Weibo, Christine

User message

Christine also posted a blog suspected of responding to netizens’ claims: "With you, my mother is not afraid of anything." But it backfired, and was angered by netizens not to use children as a shield.

Mr. and Mrs. Chen Jianzhou Christine

The war of abuse that lasted for many days summoned Chen Jianzhou to the end, and there was also a hot search for [Chen Jianzhou’s domineering wife] yesterday.

Chen Jianzhou fabo

In the early morning of March 1, he showed a video of his wife Christine’s concert in Weibo and expressed his deep feelings: "I love your kindness and uncontested personality … and I like that even if you are wronged or even maliciously slandered, you never say bad words!"

Netizen left a message insulting.

However, it was abused by netizens, and Chen Jianzhou even launched a "battle" with netizens in his comments.

Chen Jianzhou calls for rejection of cyber violence

And from the early morning to the evening, I am not only busy protecting my wife, but also calling for "rejecting cyber violence."

Christine Weibo lower control review

Also in Christine’s Weibo comment area for control and evaluation maintenance.

Angela Zhang updateMeaningful, Weibo

Just at noon today, when the hot search cooled down, Angela Zhang sent out a meaningful Weibo, which caused a hot discussion among netizens: "Black and white dogs don’t scream for attention. Shh ~ Mom went to work and will come back to see you soon."

Angela Zhang sun-dried dog

The people who eat melons found that this Weibo is not simple … This is a … sun-dried dog. …

　　CCTV News:On July 25 th, the "International Sharp Review" of the Central Radio and Television General Station broadcasted the title "Who is the White House in a hurry to send checks to farmers?" The article was reprinted and published by many overseas media.

　　On July 25th and 26th, Germany’s "German-Chinese Report" website, Spain’s Global Iberian Media Client, Italy’s RADIOWE website (facebook, twitter), Portugal’s Lisbon Rainbow Radio website (facebook), Brazil’s Sao Paulo World Radio and Television website (facebook), Brazil’s Rio Headline Radio and Television website (facebook), Brazil’s Romantic Radio website, Brazil’s Business Observer website, Many overseas media, such as Ururau newspaper website, Indian Daily Morning News website, Turkish Economic Observation Network, Chinese PT portal, Chinese headline APP, Portuguese New Newspaper APP(facebook, twitter), European Union Chinese website, West Africa online website, Africa Times website, Greek China website, Japanese Chinese business website and so on, have forwarded them one after another. On 26th, Hong Kong Ta Kung Pao and Wen Wei Po published this article. The main reports are as follows:

　　US President Trump said on Tuesday that he would provide an agricultural subsidy of up to $12 billion to help American farmers tide over the growing trade war between the United States and China, the European Union and other countries.

　　Prior to this, one of the reasons why the United States provoked trade wars with many trading partners was that their products exported to the United States had so-called government subsidies. Now, the White House has also begun to issue subsidies. Isn’t this hitting yourself in the face? ! Trump’s move once again proves that economists have always warned the White House, that is, "there is only a double loss in the trade war, and there is no winner."　

　　The essence of trade is win-win, whether it is cooperation or competition. However, this US administration seems to be paranoid and firmly believes that trade is a zero-sum game. Obviously, I bought bread to fill my stomach, and I have to accuse the bread seller of being a winner and a loser. This logic is too twisted!

　　The White House’s use of taxpayers’ huge funds as agricultural subsidies is the inevitable result of its imposition of punitive tariffs on goods from global trading partners, which eventually leads to retaliation from many parties. Among them, the American agricultural economic belt is one of the key targets of retaliatory measures by various countries. Those American farmers are precisely the victims of Trump’s trade war, and they are swallowing the consequences of the irrational and outrageous tariff policy of the White House.

　　As the world’s largest exporter of agricultural products, the export of agricultural products in the United States reached a record high in 2017, with a trade surplus of $21.3 billion. Since the trade war, trading partners including EU, Canadian, Mexican and China have been forced to impose retaliatory tariffs on agricultural products originating from the United States. The USDA estimates that these countermeasures will cause about $11 billion in losses to American agricultural products.

　　The United States has always accused other countries of subsidy policies, saying that this practice violates the provisions of the WTO. Now, the White House has picked up taxpayers’ money and done what it has always been illegal in its own eyes. In a sense, this is also a set of votes for the mid-term elections in November this year. This sanctimonious double standard is overbearing: "Only I can set fire, but you can’t light a lamp".

　　However, can the White House check really solve its problem? As Blake Horst, director of the Missouri Department of Agriculture, said, unless the White House policy changes, the pressure on American agriculture will continue. Short-term or temporary remedial measures cannot solve the substantive problems. Brian Kuhl, executive director of Farmers for Free Trade, believes that American farmers need contracts instead of subsidies, and with contracts, they can make plans for the future with peace of mind.

　　Previously, Trump believed that the trade war would be beneficial to the US, and the trade war would be easy to fight and win. Today’s results show that things are not as simple as he thought. This is because the US government’s subsidies to agriculture will inevitably bring out a series of related problems. Alaska Senator Lisa Mokowski is asking: What about manufacturing? Energy field? What about oil and gas industry? What is the standard of subsidy or not?

　　The New York Times pointed out in the editorial that those manufacturers who need to pay high prices for steel and aluminum because of the trade war need subsidies? Do workers who are unemployed because Harley-Davidson motorcycles transfer production lines need subsidies? Do producers of bourbon affected by the trade war need subsidies?

　　If the United States continues to subsidize other industries affected by the trade war, then the Trump administration will face many challenges, on the one hand, the problem of money bags, on the other hand, the legitimacy of subsidies. As for the legality of the latest US$ 12 billion subsidy, it is estimated that many countries will submit it to the WTO for adjudication.

　　In fact, the White House is very clear about how to solve the situation. Republican Senator Ben Sass said that a trade war is like cutting farmers’ legs, and then the White House plan is to give them a pair of pure gold crutches worth $12 billion. "The government’s tariffs and relief will not make the United States great again, but will come again in 1929 (the Great Depression)."

　　Senator rand paul tweeted: "Tariffs are equivalent to increasing taxes on American consumers and producers. If tariffs punish farmers, then the answer is not welfare, but the abolition of tariffs. "

　　Analysts pointed out that the United States continued the tariff war by granting subsidies to farmers. On the one hand, it reflected its double standards and "two-faced" approach in international trade, which showed the hypocrisy and hegemony of the United States. On the other hand, it also reflected the Don Quixote-style approach of the United States, which not only created a lot of uncertainty for other countries, but also endangered the global multilateral trading system and brought serious chaos to its own country.

　　A number of overseas media forwarded international critical articles:

The German "German-Chinese Report" website was forwarded on July 25, 2018

　　Spain Universal Iberian Media Client forwarded on July 25, 2018

　　Italian RADIOWE website (facebook, Twitter) forwarded on July 25, 2018.

　　Portugal Lisbon Rainbow Radio website (Facebook) forwarded on July 25, 2018.

　　Brazilian "Business Observer" website forwarded on July 25, 2018

　　India’s "Daily Morning News" website was forwarded on July 25, 2018

　　Forward by Turkish Economic Observer Network on July 25, 2018

　　Portuguese news APP(facebook, Twitter) forwarded on July 26, 2018.

　　Hong Kong Ta Kung Pao was published on July 26, 2018

　　Hong Kong Wen Wei Po was published on July 26, 2018.

　　On the first day of Tesla’s founder and CEO Elon Musk’s arrival in China, Tesla welcomed the benefits.

　　On April 28th, China Automobile Industry Association and National Computer Network Emergency Technology Processing Coordination Center issued the Notice on Testing Four Safety Requirements for Automobile Data Processing, and all the models produced in Tesla Giga Shanghai met the compliance requirements. Previously, Tesla had realized local data storage in Tesla Shanghai Data Center in 2021. In addition, Tesla introduced a third-party authority to audit the company’s information security management system and passed the security management system certification (ISO27001).

　　Musk said on the social platform on April 28 that Tesla will invest about 10 billion US dollars in AI training and reasoning in 2024, and the latter is mainly used for automobiles. If any company can’t reach this level of expenditure and can’t spend efficiently, it can’t participate in the competition.

　　Six car companies, including Tesla, passed all four requirements of national automobile data security.

　　At the invitation of the China Council for the Promotion of International Trade, on the afternoon of April 28th, Tesla founder and CEO Musk arrived in Beijing. Musk said that he was glad to see the progress of electric vehicles in China, and all cars will be electric in the future. On April 28th, Tesla issued a document saying that it will continue to deepen its cultivation in China, develop together with the industry in the fields of artificial intelligence, electric vehicles and energy storage, accelerate the landing of clean energy and autonomous driving technology, and turn the beautiful vision into reality.

　　On April 28th, the Technical Department of China Association of Automobile Manufacturers disclosed the notification on the detection of four safety requirements for automobile data processing (the first batch). According to the report, there are six car companies, including (), Ideality, Lotus, Hezhong New Energy, Tesla and Weilai, and a total of 76 models meet the four compliance requirements for automotive data security.

　　According to the circular, in order to standardize automobile data processing activities, protect users’ legitimate rights and interests, encourage head car manufacturers to play a role as a benchmark, and promote the formation of a good environment for the whole society to jointly safeguard automobile data security and promote the development of the automobile industry, China Automobile Industry Association and the National Computer Network Emergency Technology Processing Coordination Center are based on the "Several Provisions on Automobile Data Security Management (Trial)" and GB/T 41871-2022 "Information Security Technology Automobile Data Processing Safety Requirements" and other laws and standards, and in accordance with the principle of voluntary inspection by enterprises. Since November, 2023, we have organized the inspection of automobile data safety compliance of newly listed intelligent networked vehicles of automobile manufacturers in 2022-2023. This test covers four compliance requirements, such as anonymous processing of external face information, default not to collect cockpit data, in-vehicle processing of cockpit data, and significant notification of personal information.

　　Notice on the Detection of Four Safety Requirements for Automobile Data Processing disclosed by the Technical Department of China Automobile Association

　　Some senior auto industry analysts analyzed the Shanghai Stock Exchange reporter, and this incident released two signals: 1. The state has formulated clear rules for auto data security. 2. All car companies are treated equally before the rules, including wholly foreign-owned car companies. "Obviously, this will help foreign investors to invest in China and further expand their investment in China. At the same time, it also shows that the state has been making efforts to improve the foreign investment environment. "

　　Tesla FSD landing requires data acquisition and other preparations.

　　On April 28th, Musk, who just arrived in Beijing, said on social media that Tesla will invest about $10 billion in AI training and reasoning this year, and reasoning is mainly used in cars. Musk said that any company that spends less than $10 billion a year or cannot deploy it efficiently cannot compete in the market.

　　In January, 2024, Tesla added $500 million in new investment and purchased about 10,000 NVIDIA H100 GPU for the training of autonomous driving. According to statistics, Tesla may have more than 30,000 H100 GPU. Musk recently said that Tesla may be the second company with the number of H100 GPU in NVIDIA, second only to Meta, and xAI ranked third.

　　Tesla’s heavy investment in AI is aimed at the future business opportunities of autonomous driving. Musk said that Tesla will launch a driverless taxi on August 8, 2024. Recently, Tesla gradually began to push to North American users on a large scale based on end-to-end FSD V12. FSD V12 achieves the goal of autonomous driving through a large amount of video training data, which enables Tesla to save hundreds of thousands of lines of code. However, training such AI autopilot requires a lot of computing power. Musk said in August, 2023 that Tesla will soon launch a GPU cluster consisting of 10,000 NVIDIA H100′ s to train the new FSD system.

　　In terms of price, just in April, Tesla lowered its offer for FSD(Full-Self Driving, referred to as "FSD") twice to attract users. Just a week ago, Tesla announced that the price of its FSD system package was lowered by about one-third from $12,000 to $8,000, just after lowering the price of models in the Chinese and American markets. Prior to this, on April 13th, Tesla announced that the monthly subscription price of FSD (supervised) had dropped from $199 to $99, and the subscription price was directly "halved".

　　Musk predicts that Tesla’s FSD test mileage needs to reach 6 billion miles to meet the requirements of global regulators. The data released by Tesla on April 6 shows that the actual test mileage of FSD is 1 billion miles. At present, Tesla FSD has been upgraded to the end-to-end version of V12.3, no longer relying on traditional rule codes, but relying entirely on neural networks and data drivers.

　　According to industry experts, if Tesla FSD lands in China, the data collection, model training and computing center will be regarded as the key. () The research report points out that if FSD is popularized in China, the whole set of closed-loop data needs to be made in China, and preparations should be made in terms of data collection and model training, and whether the BEV sensing scheme can be well adapted locally should be considered. In China, FSD mapping may need to cooperate with China manufacturers, and Tesla needs to set up a local computing center and a local algorithm adaptation team.

　　Us regulators release Tesla Autopilot survey summary report

　　The National Highway Traffic Safety Administration (NHTSA) revealed last Friday that it has started a new investigation into Tesla. The survey covers Model Y, X, S, 3 and Cybertruck vehicles equipped with Autopilot, which were produced in the United States from 2012 to 2024.

　　At the same time, NHTSA has launched an investigation into Tesla’s Autopilot recall in December last year. The agency found that the Autopilot autopilot system could not fully ensure the driver to concentrate on the driving task, and it would lead to the driver’s overconfidence in the function of the system. According to the report, these factors led to foreseeable misuse and avoidable accidents, of which at least 13 accidents involved one or more deaths.

　　NHTSA concluded that there was a "critical safety gap" between the driver’s ability expectation of Tesla Autopilot system and the real ability of the system, which led to a series of avoidable accidents. Tesla conducted a recall of 2 million American Tesla vehicles in December last year, and improved the driver monitoring system of these vehicles through software upgrades.

　　Tesla’s share price closed down 1.11% last Friday, with a cumulative decline of more than 30% this year. Tesla’s previously released financial report for the first quarter of fiscal year 2024 showed that the revenue in the quarter fell by nearly 9% year-on-year, the decline in revenue was the highest in 12 years, and the net profit dropped by 55% year-on-year. The key indicators of the financial report were all lower than expected.

　　According to another report, US Securities and Exchange Commission (SEC) documents show that Drew Baglino, a former senior vice president of Tesla who announced his resignation earlier this month, sold about 1.14 million shares of the company, with a total value of about 181.5 million US dollars. According to the document, Baglino also reduced its holdings of Tesla shares twice this year, with a total value of about 4 million US dollars.

　　Examined by: Zhu Jianhua Producer: Zhang Xiaoguang Issued by: Lin Yanxing.

　　Cctv news Since its official unveiling in November 2020, Shenzhen Trading Group Co., Ltd. (Shenzhen Public Resource Trading Center) has run out of the "Shenzhen Acceleration" on the road of deepening the reform of public resources. In 2022, the transaction scale reached 1.54 trillion yuan, a new high.

　　It is understood that as of December 31, 2022, the total assets of Shenzhen Trading Group increased by 43.6%, the net assets increased by 16.3%, the operating income increased by 37.92% year-on-year, and the types of transactions increased from 18 in 2020 to 27, which accumulated 140 billion yuan for market players.

　　The deepening of reform has achieved remarkable results and led the demonstration role to give full play.

　　The reform of public resources continued to deepen. Shenzhen Public Resource Trading Center voluntarily lowered the charging standard, and the institutional transaction cost was reduced by nearly 300 million yuan; High-quality completion of the three-year action goal of state-owned enterprise reform, which was rated as A in two rounds of assessment by Shenzhen SASAC, was informed of praise.

　　Promote a more optimized business environment. Shenzhen government procurement, bidding and tendering ranked first in Guangdong’s business environment evaluation for two consecutive years, and "political mining loan" was selected as one of the top ten demonstration cases of Shenzhen’s business environment optimization. Shenzhen took the lead in realizing the full-process service of electronic business licenses in both construction projects and government procurement, and the political mining business was the first in the country to be "one photo for all"; Take the lead in promoting BIM bidding application in housing construction, municipal and water engineering in China.

　　The effectiveness of the "four services" has become increasingly prominent. Shenzhen Public Resource Trading Center has innovated the purchasing mode of epidemic prevention materials by "adopting separation", which effectively guarantees the supply of epidemic prevention materials. High-quality public bidding project for bulk food procurement in the education system (schools) in 10 districts of the city was carried out, benefiting about one million students and faculty in 1,500 schools. Help the government effectively resolve the hidden dangers of production safety and financial debt risks, and complete the task of "guaranteeing the delivery of the building". The bidding for medical consumables and cars won the "Top Ten Creative Projects" and "Top 100 Citizen Satisfaction Projects" of the 19th Caring Action in Shenzhen.

　　Digital transformation has achieved a major breakthrough. The first phase of the "hot wheels" digital planning implementation project of Shenzhen Trading Group was successfully launched, and the second phase entered the market in an all-round way, moving towards a new stage of "digital application innovation". In 2022, Shenzhen Trading Group was shortlisted in the pilot list of "Digital Archives of Enterprise Groups" of the National Archives Bureau, and it was the only state-owned enterprise in Shenzhen that won an award.

　　The development of the platform has been upgraded, and the national radiation capacity has been further improved.

　　The business map continues to expand. In November, 2022, Shenzhen Data Exchange was unveiled, with 9 technical specifications and 61 trading scenarios, with a transaction amount exceeding 1.2 billion yuan, leading the country. Shenzhen Trading Group invested in the establishment of three subsidiaries, namely, Trading Research Institute, Shenzhiyi and Ocean Resources Trading. Shenguozhao changed its name to Shenconsulting Group and acquired 51% equity of Shenshan Bidding Co., Ltd., Shenzhen Shenshan Special Cooperation Zone.

　　Market expansion is remarkable. As the second batch of results of the comprehensive reform experiment of regional state-owned assets and state-owned enterprises, the Sunshine Procurement Intelligent Supervision Platform was promoted to the whole country by the leading group for the reform of state-owned enterprises in the State Council. Shenzhen cooperated with the state-owned enterprises in Shanxi Province to establish Shanxi Jinshen Trading Company, and the "Jinshen Model" expanded in different places took shape, and continued to export advanced achievements of the financing platform in Heilongjiang and Jiangsu. We have established cooperative relations with many national industry associations, local governments, financial institutions, large central enterprises and local state-owned enterprises, and the "circle of friends" has gradually expanded. The relevant experience of issuing carbon emission quotas by competitive bidding has been used for reference by Beijing, Shanghai and other places and has been highly concerned by the Ministry of Ecology and Environment.

　　The quantity and quality of platform construction have increased. The financing platform accumulated 178.526 billion yuan of transactions, helping state-owned enterprises to increase revenue and reduce expenditure by 1.017 billion yuan. Successfully completed the construction and operation of major resources development, marine resources trading, sunshine leasing, sunshine property trading, building materials inquiry and other platforms. On-line project loan, fixed asset loan and credit loan business, the first financing of Baoan grain depot construction project saved 70 million yuan for enterprises, effectively solving the problem of "difficult, expensive and slow financing" for small and medium-sized enterprises. Two earthwork disposal projects in Baoan District were successfully completed, with an average premium of over 500%, realizing "turning stone into gold".

　　Internal innovation promotes optimization, and "double lifelines" run through management from beginning to end

　　Integrity and compliance have been comprehensively promoted. Shenzhen Trading Group established a compliance construction leading group and a compliance and risk management committee, innovatively introduced a "1+1+N" compliance system and established a "three lines of defense". Carry out three consecutive "Clean Culture Festival" activities to create a brand with clean culture characteristics. Successfully launched the first phase of the sunshine supervision platform project, and the function of "one-stop supervision platform for the whole industry" was more perfect; Formulate guidelines for compliance management of government procurement, construction project bidding and collective factor trading business; Initiated the establishment of "Shenzhen Enterprise Compliance Association" in the name of the vice-president unit, and became a pilot evaluation enterprise for integrity and compliance governance in Shenzhen.

　　The quality of service continued to improve. It was completed and delivered to the headquarters building of Shenzhen Trading Group six months in advance, and the total factor trading area reached 100,000 square meters. Successfully held the first service quality achievement conference, issued the first annual service quality evaluation survey report, and the internal and external satisfaction increased; Successfully completed the price negotiation of four batches of eight varieties of medical consumables, with the highest drop of 95.8% in the selected products and the savings exceeding 70 million yuan; Fully escort the PPP procurement project of the reconstruction and expansion project of Shenhai Expressway to help expand Guangdong-Hong Kong-Macao Greater Bay Area’s traffic advantages.

　　Talent empowerment is optimized and upgraded. Shenzhen Trading Group formulated the Three-year Action Plan for Talent Development (2022-2024), implemented the talent inventory project, and promoted the establishment of an institutional mechanism of accurately recognizing talents, actively cultivating talents, scientifically using talents, and keeping talents with heart. In the whole year, it conducted more than 110 trainings of various types, with a total of 6,671 trainees. (Reporter Liu Yu correspondent Zhang Shuangmei Chen Yueyue)

In the 1970s, the international situation changed rapidly, and a new situation appeared in China’s foreign relations. In 1974, Mao Zedong made a new judgment on the international pattern and put forward a strategic idea of dividing the three worlds.

From a "middle zone" to "two middle zones"

The strategic thought of dividing the three worlds contains profound thinking and long-term exploration of the international pattern, which comes from the theory of "middle zone"

Regarding the division of international pattern, Mao Zedong first put forward a theory of "middle zone". After World War II, the relationship between the United States and the Soviet Union deteriorated, and a full-scale civil war broke out between the Kuomintang and the Communist Party. It was impossible for Mao Zedong to put China on the road of new democracy through peaceful and democratic means. At the critical moment of the situation transformation, Mao Zedong put forward the theory of "two camps" and "one middle ground" in the summer of 1946. He believes that the post-war world is divided into a peaceful and democratic camp headed by the socialist Soviet Union and a reactionary camp headed by American imperialist forces; There is a vast middle zone between the United States and the Soviet Union, which is composed of many capitalist countries and colonial and semi-colonial countries in Europe, Asia and Africa. The realistic problem facing the world after the war is that the United States is trying to control and invade countries in the middle zone, including China. This theory makes a unique division of various international political forces, points out China’s position in the world, and clarifies the relationship between friends and enemies of the China Revolution in the world. Since then, when the China Revolution is about to win, this theory naturally leads to the conclusion of "one-sided" to the socialist Soviet Union.

Since then, with the changes in the international situation and surrounding environment, Mao Zedong has put forward the strategy of "two intermediate zones". In the early 1960s, the international movements of countries in Asia, Africa and Latin America against imperialism and colonialism, striving for and safeguarding national independence continued to rise, and the internal contradictions in the capitalist world continued to develop. Judging from China’s foreign relations, Sino-US relations continue to be tense, and Sino-Soviet relations are on the verge of rupture. From the end of 1963 to the beginning of 1964, Mao Zedong put forward the strategy of striving for "two intermediate zones". He divided the "middle zone" into two parts, one part refers to the underdeveloped countries in Asia, Africa and Latin America, and the other part refers to capitalist countries and eastern European countries except the United States. Mao Zedong pointed out that these two parts are opposed to American control, while eastern European countries are opposed to Soviet control. Mao Zedong believes that in the process of confronting the two great powers, China should unite the two middle areas as much as possible. The strategy of "two intermediate zones" has relieved China’s external pressure to some extent. In 1964, China and France broke through the barriers of different ideologies and social systems and formally established diplomatic relations. During this period, China’s relations with African and Arab countries have also developed significantly.

The changes in Sino-US relations have caused a chain reaction.

In the early 1970s, the foundation of tripartite relations between China, the United States and the Soviet Union changed significantly, and the trend towards multipolarity in the world gradually emerged. Mao Zedong began to re-examine the new international situation and China’s foreign relations, and put forward the strategic idea of "three worlds" division.

Since the late 1960s, new changes have taken place in the international pattern. First of all, the balance of power between the United States and the Soviet Union has changed, from the dominance of the United States to a balance of power, and the position of the United States among Western allies has also weakened. Secondly, western Europe and Japan are gradually reviving, and the centrifugal tendency of eastern European countries towards the Soviet Union is also developing. Finally, China has gradually become an independent and important political force on the international stage, and the power and influence of other Asian, African and Latin American countries have also further increased. During this period, China’s foreign relations have undergone major changes. On the one hand, the border conflict between China and the Soviet Union in 1969 and the nuclear threat of the Soviet Union since then made Mao Zedong deeply feel the seriousness of national security issues. On the other hand, China and the United States began to ease their relations out of consideration for their respective national security. In the spring of 1971, "Ping-Pong Diplomacy" kicked off the relaxation of Sino-US relations. In February of the following year, President Nixon visited Beijing, and the process of Sino-American reconciliation started. In October 1971, the 26th United Nations General Assembly adopted a resolution to restore China’s lawful seat in the United Nations, and then the climax of the establishment of diplomatic relations between countries and China appeared. With the relaxation of Sino-US relations, the Soviet Union has become the biggest and most direct threat to China. In 1973, Mao Zedong put forward the strategic idea of "one line" and "one large area", hoping to establish a United front from Japan through Europe to the United States.

With the rapid development of international situation and China’s foreign relations, Mao Zedong put forward the strategic idea of dividing three worlds. In February 1974, when talking with Zambian President kaunda, Mao Zedong first put forward the strategic idea of dividing the three worlds. He pointed out: "I think the United States and the Soviet Union are the first world. The centrists, Japan, Europe, Australia and Canada, are the second world. We are the third world. " He also said: "The third world has a large population. Asia is a third world except Japan. All of Africa is the third world, and Latin America is also the third world. " According to the division of Mao Zedong, China belongs to the third world, so it is necessary to strengthen unity with third world countries and strive for unity with second world countries; Among the two superpowers in the first world, they mainly develop relations with the United States and concentrate on opposing the hegemonism of the Soviet Union.

On April 6, 1974, at the proposal of Mao Zedong, Deng Xiaoping led a delegation from China to attend the sixth special session of the United Nations General Assembly. This is the first time that a People’s Republic of China (PRC) leader has attended a United Nations meeting, which has attracted worldwide attention. On April 10th, in his speech at the conference, Deng Xiaoping comprehensively expounded Mao Zedong’s strategic thought on dividing the three worlds and China’s foreign policy. He emphasized that China is a socialist country and a developing country, and China belongs to the third world. The government of China and the people of China firmly support all the oppressed people and nations in their struggle for and maintenance of national independence, development of national economy and opposition to colonialism, imperialism and hegemonism. China is not and will never be a superpower. This has actually repositioned China’s international role and further clarified China’s corresponding international responsibilities.

Compared with the "two intermediate zones" strategy in the 1960s, the most obvious difference in the strategic thinking of the three worlds is to treat the Soviet Union at the same level as the United States. This change is based on the changes in the relations between China, the United States and the Soviet Union, uniting with the party that poses less threat to China and concentrating on preventing the main threat from China. In terms of ideological methods, the criteria for dividing the three worlds are no longer based on the nature of class and society, but mainly on comprehensive national strength. It enables people to clearly see the position of countries in the world in international political and economic relations.

Expanded the stage of China’s diplomatic activities.

The strategic thought of dividing the three worlds is the result of Mao Zedong’s long-term deliberation, which has great significance and far-reaching influence on China’s foreign strategy and foreign relations.

The strategic thought of dividing the three worlds is based on Mao Zedong’s scientific judgment on the international situation and accurate understanding of the international pattern. It is saturated with Mao Zedong’s long-term political experience in international struggle and is the development of Mao Zedong’s United front theory under the new situation. The strategic thought of dividing the three worlds reveals the main characteristics of the development of the world situation at that time and the basic pattern of the strength comparison among countries in the world, and determines China’s international status and strategic goals from the historical, realistic and strategic significance. This thought has long been the theoretical basis and main basis of China’s foreign strategy, and its role and influence continued until the disintegration of the Soviet Union, the disappearance of bipolar confrontation and the overall change of the original international pattern.

Under the guidance of Mao Zedong’s strategic thought of dividing three worlds, China’s diplomatic work has made a comprehensive breakthrough. China broke through the pattern of "two camps", implemented the policy of "one line" and "one large area", persisted in opposing the hegemonism and the threat of war of superpowers, worked hard to normalize Sino-US relations, actively improved relations with second world countries, and vigorously developed friendly cooperation with third world countries and other types of countries. From 1970 to 1976, China successively established diplomatic relations with 61 countries, and more than 110 countries established diplomatic relations with China, including most countries in the world at that time. This completely broke the diplomatic deadlock caused by China’s isolation and containment for a long time, greatly improved the international environment in China, and greatly expanded the scope of China’s diplomatic activities. At the same time, it also ensures that China can smoothly implement reform and opening up and participate in international affairs more extensively in the near future.

Author: Sun Yanling

Source: study times.

　　The Danish Broadcasting Corporation launched a special report on May 30, revealing that the US National Security Agency accessed the Danish Internet through the Danish Defense Intelligence Agency to obtain raw data in order to monitor and monitor the political figures of many European countries, including German Chancellor Angela Merkel.

　　The report said that the Danish Broadcasting Corporation, in cooperation with Swedish, Norwegian, German and French media, found "amazing results" in a secret internal investigation against the Danish Defense Intelligence Agency on the basis of clues provided by insiders of the Danish Defense Intelligence Agency. The internal investigation report, code-named "Operation Dunhammer", was completed in May 2015. One of the important conclusions is that the US National Security Agency can purposefully access the Danish Internet to obtain data through cooperation with the Danish Defense Intelligence Agency, so that it can secretly monitor and monitor the target heads of state, such as Merkel, leaders of allies such as France, Sweden and Norway, and high-level politicians.

　　The European countries involved reacted strongly to the incident revealed by the news media.

　　Danish Defense Minister Bramsen told the media that "the government cannot make public comments on the information provided by the media or others. Intelligence can only be discussed in the relevant committees of parliament. But it can be said in general terms that systematic eavesdropping on close allies cannot be accepted. "

　　Swedish Defense Minister Hultkvist said that he had contacted the Danish Ministry of National Defense and asked the other party to give a clear reply; Sweden has also approached Germany, France and the United States and needs to know "comprehensive information" about this matter. The incident was a "spy activity for politicians" in Sweden. "Now that this has happened, we must take the protection of Sweden’s interests as the starting point." He said that Sweden can’t accept such monitoring behavior between close allies, which is a "matter of principle."

　　Swedish parliamentarian Holm severely criticized the interception incident. He said that the monitoring incident was "too outrageous and very angry." "We need to know who is being monitored when and how. It is shocking that such a thing happened and it feels like we are back to the Cold War."

　　The Norwegian government also asked the Danish government to respond to relevant reports immediately. Norwegian Defense Minister Barker Jensen said that the incident would be "taken seriously".

　　On May 31st, Merkel and French President Macron co-chaired the 22nd joint meeting of French and German ministers in a remote way. When answering a reporter’s question, Merkel said that Germany and France communicated with the US intelligence agencies about the interception a long time ago, and Germany hoped that the US’s attitude of clarification had not changed.

△ German Chancellor Angela Merkel issued a statement asking the US to clarify the interception.

　　Former German Foreign Minister Frank-Walter Steinmeier told the German media: "I think this is a political scandal."

　　Patrick Sensberg, head of the German Bundestag Committee responsible for investigating the previous US surveillance incident, said in an interview with the media that the driving force behind the intelligence department "is not friendship, nor morality, but the pursuit of interests".

　　Macron said at a news conference that if the news is accurate, it is obvious that this kind of monitoring behavior is unacceptable among allies, and even more unacceptable among EU partners.

　　In an interview with French news channel, French Secretary of State for European Affairs Bona made it clear that he did not know the specific identity of the French officials accused by the media of being monitored by the United States, but if the practice of American intelligence agencies monitoring European politicians through Denmark is confirmed, its nature will be "extremely serious" and will have consequences for cooperation between Europe and the United States. Bona said that it is time to verify whether Denmark has made mistakes in its intelligence cooperation with the United States and whether the United States has indeed carried out espionage activities against European politicians.

△ French Secretary of State for European Affairs Bona

　　Le Feible, a French communication technology expert who wrote the book Snowden Incident: How the United States Monitors the World, told French news station that he was not surprised at the contents exposed by the media at all, and believed that the monitoring behavior of the United States was still going on. Lefebvre said bluntly that Europe is a "free lunch" for the US National Security Agency, and the United States will not be willing to give up such intelligence hegemony, because European countries rely on American intelligence work, especially at the software level. Therefore, in the face of repeated US surveillance incidents, Europe’s response is usually weak.

　　The United States, known as the "cyber security guardian", has actually been spying on its European allies.

　　In 2013, Snowden, a former US defense contractor employee, revealed through the media that the US government was widely monitoring domestic and international telephone and Internet communications, which caused an international uproar. Merkel’s mobile phone is also within the monitoring range of US intelligence agencies. The German Chancellor called the then US President Barack Obama, calling it a "serious breach of trust".

△ Three former presidents of France who were monitored and monitored by the United States

　　In June 2015, Wikileaks revealed that the US National Security Agency had monitored three French presidents from 2006 to 2012, which caused an uproar in France. At that time, French Prime Minister Vals said in a parliamentary question that this kind of monitoring behavior seriously trampled on the relationship between France and the United States and the spirit of trust on which the two countries depended.

　　The documents exposed by Wikileaks also show that the National Security Agency even wrote a detailed report based on the monitored information. It is said that French President Nicolas Sarkozy, who was elected in 2007, knew that the United States was eavesdropping on himself. At that time, French Ambassador to the United States Vermont expressed dissatisfaction with the United States during Sarkozy’s visit to the United States in 2010. The US National Security Agency wrote in the report, "Although he expressed dissatisfaction, the United States will continue to eavesdrop on France, and this policy will not change."

　　In recent years, the United States has always adhered to this monitoring policy. In August, 2020, according to Danish media reports, the National Security Agency of the United States can freely obtain the original Internet data including Danish citizens’ private information through the Danish Defense Intelligence Agency. In November, Danish media reported that the United States had carried out espionage activities against the Danish government, its defense industry and other European defense contractors in order to obtain information on fighter procurement plans of relevant countries.

　　Analysts pointed out that the latest scandal has once again exposed the hegemonic mentality of the United States, which continues to monitor its European allies to safeguard its own interests. This will bring new challenges to the efforts of the United States and Europe to repair relations, and the deep rift left by the "US priority" policy on transatlantic relations will become more and more difficult to bridge.

　　Producer: Jiang Qiuyong

　　Reporter Hao Xiaoli Zou Heyi Yu Peng Ruan Jiawen

　　Editor Li Xia

　　Hengyang is rich in agricultural resources, which is a big agricultural city in Hunan Province. In December, 2021, the promotion of "three products and one standard" in provincial agricultural production sounded the horn of assembly in the whole province. In March this year, the promotion of "three products and one standard" in Hengyang agricultural production officially kicked off.　

　　Agriculture returns to nature, and green grows in the heart. "Hengyang City is based on the requirements of’ quality agriculture, green agriculture and strong brand agriculture’, and strengthens green orientation, standard guidance and quality and safety technical support." The main person in charge of the Municipal Party Committee said that the agricultural production and the "three products and one standard" action of agricultural products should be promoted as a whole, that is, variety cultivation, quality improvement, brand building and standardized production should be promoted in production methods. In terms of agricultural product quality, we will develop green food, organic agricultural products, geographical indication agricultural products, implement the qualified certificate system for edible agricultural products, optimize agricultural production structure and product structure, and improve the level of green, high-quality, characteristic and brand of agricultural products.

　　Little day lily, get rich "shake the money grass"　

　　In Qidong County, improved variety breeding of day lily has become the first choice for improving quality and increasing yield.

　　"In recent years, Jidong County has organized Jin Xuan Biotechnology, Anmin Agricultural Technology and other enterprises to breed 20 new varieties of early-maturing and late-maturing daylily with high quality, high yield and high resistance." The person in charge of Qidong county government said that among them, new varieties such as "Anminhua Sanyuexiang", "Anminhua No.2" and "Anminhua No.7" have the characteristics of long picking time, high yield and good resistance.

　　It is understood that last year, Shanghai Universities of Applied Sciences Hunan Hemerocallis Research Institute and Hunan Hemerocallis Research Institute seedling breeding base were completed and put into operation in Hengyang City.

　　"At present, there are 70 strains, 129 varieties and more than 5 million seedlings in the seedling breeding base." According to the main person in charge of Hengyang Municipal Government, in recent years, Qidong County has built three new seed breeding bases, collected and introduced 310 edible and ornamental daylily varieties (germplasm resources) at home and abroad, and built the largest edible daylily germplasm resource bank in China.

　　"In July last year, the daylily seeds provided by Jidong County took the Shenzhou 12 spacecraft and carried out a three-month space mutation breeding work." According to the person in charge, Hengyang City has bred 10 new varieties with super high yield, high quality, high adaptability and unique quality. The picking period of day lily extends from May to July to April to September every year, and the yield per mu of high-yield varieties can reach 3,000 kilograms. This year, the county sold 40,000 tons of daylily, achieving a sales income of 2.6 billion yuan. Daylily has become a "money-shaking grass" for farmers to increase their income and get rich.

　　Where is the agricultural product good? Hengyang has good quality.　

　　"The appearance of’ Hengyang Xianghuang Chicken’ is mainly marked by yellow hair, yellow mouth and yellow feet. The meat is tender and smooth, the skin is crisp and thin, the muscles are tight and elastic, the taste is delicious, nutritious and nourishing, and the medicinal value is extremely high." The main person in charge of Hengyang Municipal Government introduced that it enjoys a high reputation in Guangdong, Guangxi, Hong Kong and Macao markets.

　　During the "Fourteenth Five-Year Plan" period, Hengyang will focus on supporting and cultivating two or three leading enterprises with an annual output value exceeding 1 billion yuan to build the whole industrial chain of Xianghuang chicken. Strive to achieve the annual total output value of Hengyang Xianghuang Chicken industry exceeding 10 billion yuan in 2025.

　　Where agricultural products are good, Hengyang has good quality. The city attaches great importance to the work of "three products and one standard" of agricultural products (green food, organic agricultural products, geographical indications of agricultural products, and qualified certificates of agricultural products). Relying on superior natural resources and environment, based on characteristic advantageous industries, we have vigorously cultivated and developed the "three products and one standard" agricultural product certification, effectively improving the quality of characteristic advantageous agricultural products. As of October this year, Hengyang has certified 265 green foods, 11 organic foods and 8 geographical indications of agricultural products.

　　With Hengyang agricultural products at home, it is no longer difficult to adjust people’s opinions.　

　　On November 25th, the author came to Sanzhang Town, Hengdong County, which is known as the "No.1 Township of Yellow Pepper in China" for an interview. Liao Bolin, a poverty-stricken household in Linglin Village, who is over 70 years old, said with joy that this year, the village helped his family to transfer 2 mu of land to plant yellow pepper, producing 1,500 kilograms of yellow pepper and earning nearly 30,000 yuan annually.

　　"The ripe fresh fruit of’ Sanzhanghuanggongjiao’ is spicy and sweet, with thin skin and thick flesh, and crisp taste …" At present, there are more than 400 local food and beverage outlets in Hengdong County, and more than 500 specialty stores and chain stores have been opened all over the country. There are more than 100,000 employees in the local vegetable industry chain, and the output value of the local vegetable industry chain reaches 3 billion yuan.

　　"There are Hengyang agricultural products at home, and it is no longer difficult to adjust." The person in charge of Hengyang Agricultural and Rural Bureau introduced that nowadays, the brand building of Hengyang agricultural products presents a diversified development pattern.

　　-"Two yellows, two teas and one flower" has obvious characteristics. Eight agricultural products, such as "Sanzhanghuanggongjiao", were registered as national geographical indication agricultural products, Hengyang Camellia oleifera China featured agricultural products advantage area was recognized as the third batch of China featured agricultural products advantage area, "Nanyue Yunwu Tea" was rated as "Top Ten Famous Tea in Hunan" and "Qidong Daylily" was rated as the top ten public brands in Hunan Province.

　　-"One county, one special" is in good shape. Hengnan County, Changning City and leiyang city City aim to develop the oil-tea industry, while Hengdong County highlights the yellow pepper industry and Qidong County takes the day lily industry as the leader. Hengyang County and Hengshan County focus on Hunan yellow chicken industry, Nanyue District develops tea industry, Yanfeng District, Shigu District and zhengxiang district City focus on vegetable industry, and Zhuhui District focuses on radish industry. Regional public brands include Qingquan Farmer in Hengnan County, Hengshan Shanpin in Hengshan County and Tashan Shan Lan Tea in Changning City.

　　-"One village, one product" is full of vitality. Zanthoxylum bungeanum fragrance floats to get rich. In Liuhe Village, Lijiang Town, Hengnan County, a total of more than 2,600 mu of purple shale mountain area was planted with pepper trees. It is understood that as of mid-November this year, the village has planted 1,200 mu of pepper. Only this one, the village collective economic income increased by 100,000 yuan per year. The village has become the first village of pepper in Hengyang City.

　　"Industry is the cornerstone of sustainable rural development." The person in charge of Hengyang municipal government said that the city actively promoted "one village, one policy", created "one village, one product" and promoted the comprehensive revitalization of the countryside.

　　"At present, daylily in Huangtupu Town, Jidong County, Tashan Shan Lan Tea in Tashan Yao Township, Changning City, Zanthoxylum bungeanum in Liuhe Village, Lijiang Town, Hengnan County, poultry eggs in Lihua Village, Xialiu Town, Hengdong County, and wogan in Longfeng Village, Yonghe Township, Hengshan County have given full play to the advantages of local resources and enhanced the effect of linking agriculture with agriculture and increasing income."

　　"The quality of food, the characteristics of food and the safety of food"　

　　How to let the people eat high-quality food and safe food? This year, Hengyang City keeps a close eye on the people’s good expectations of "good quality, characteristics and safety". So, how is this action implemented?

　　—— In terms of variety cultivation, Hengyang will rescue and collect a number of rare, endangered, unique resources and characteristic local varieties; Carry out the purification and rejuvenation of local varieties such as Jinjialing radish, Sanchang yellow pepper, Hengshan red crisp peach, Changning slag-free ginger and Hengyang spoon white, speed up the purification and rejuvenation of local varieties such as pig in front of the temple, Hunan yellow chicken and Changyong turtle, and strengthen the purity and rejuvenation of the original varieties with the focus on domestication and breeding of indigenous fish; Accelerate the cultivation of rice varieties with low cadmium accumulation and short-season, cadmium-resistant and suitable cotton varieties.

　　-In terms of quality improvement, Hengyang City has accelerated the promotion of fine varieties, making the coverage rate of improved rice varieties in the city more than 99%, and the coverage rate of improved dry grain varieties over 90%; We will steadily promote the new rape varieties with high yield, high oil content and high oleic acid content, low erucic acid content and low glucosinolate content, and double resistance (disease resistance and lodging resistance), and the coverage rate of improved varieties will reach over 98%.

　　—— In terms of brand building, Hengyang City has stepped up its media promotion, and carried out regional public brand promotion and "one county, one special" brand public welfare promotion in the mainstream media. Make full use of the central agricultural fair, farmers’ harvest festival and other celebrations, as well as Hunan high-quality agricultural products exhibition center and exhibition hall to carry out brand promotion and marketing activities.

　　—— In terms of standardized production, in accordance with the requirements of "adopting standards with standards, creating standards without standards, and implementing standards in the whole process", we will speed up the management of standards in key links of production environment, input quality control, agricultural and veterinary drug residues, postpartum treatment, storage and transportation, product processing, and brand building, and promote the establishment of a standard system for the whole industrial chain of modern agriculture.

　　At the same time, Hengyang City promoted the improved varieties of tea clones, and the rate of improved varieties of tea clones in the city reached more than 70%. Vegetables are mainly connected with Guangdong-Hong Kong-Macao Greater Bay Area, and efforts are made to promote excellent new varieties such as "three products (leafy vegetables, melons and fruits, root vegetables) and four excellent products (day lily, taro, edible fungi, and processed peppers)".

　　"The Party’s Report to the 20th CPC National Congress proposed to give priority to the development of agriculture and rural areas." The main person in charge of Hengyang Municipal Committee said that the standardized production level in Hengyang will be continuously improved, and the pilot project of improving the quality of farmers’ cooperatives will be implemented in five counties, and the agricultural socialization service will be piloted in five counties, and 35 municipal demonstration regional agricultural socialization comprehensive service centers will be built, two standardized production bases for green food raw materials will be built, and 20 standardized demonstration fields for livestock and poultry breeding will be created.

　　"During the Tenth Five-Year Plan period, Hengyang will build a well-known agricultural brand, promote the comprehensive green transformation of agriculture, and provide strong support for comprehensively promoting rural revitalization and accelerating agricultural and rural modernization in Hengyang."

If artificial intelligence is likened to a pot of sweet and palatable rice, then the computing power is firewood, the data is rice, and the algorithm is the chef of steamed rice. Under the technology-driven background of the continuous development of artificial intelligence, the demand for top computing power is growing continuously.

Compared with ordinary computers we use every day, supercomputers refer to computers that can perform a large amount of data and high-speed operations that ordinary personal computers can’t handle. They have strong data storage capacity and fast data processing speed, and are mostly used in cutting-edge technology research and national high-tech fields, which is an important symbol of national scientific and technological development level and comprehensive national strength.

Since 2009, China has built six national supercomputing centers in Tianjin, Shenzhen, Jinan, Changsha, Guangzhou and Wuxi. Relying on the national supercomputing center, supercomputers with "China Core" constantly refresh China’s "speed".

From June 2013 to November 2015, China’s "Tianhe II" supercomputer ranked first among the top 500 supercomputers in the world for six consecutive times. General Secretary of the Supreme Leader made an important instruction: "The successful development of Tianhe-2 supercomputer system indicates that China has been at the forefront of the world in the field of supercomputers."

On June 20th, 2016, the "Shenwei Taihu Light" supercomputer developed in China won the first place in the global supercomputer list with nearly three times the computing speed of the second place, and its computing power in one minute is equivalent to that of 7.2 billion people in the world. At the same time, it has been continuously calculated with a calculator for 32 years.

On November 17th, the same year, the whole machine application "Full Implicit Simulation of Global Atmospheric Dynamics Approved by Ten Million Nuclear Powers" based on "Shenwei Light of Taihu Lake" won the "Gordon Bell Award", realizing the "zero" breakthrough of China Supercomputer in this field.

On May 28, 2018, at the 19th Academician Conference of China Academy of Sciences and the 14th Academician Conference of China Academy of Engineering, the General Secretary specifically mentioned the development achievement of "Shenwei Taihu Light": "Supercomputers won the world’s crown for 10 consecutive times, using domestic chips ‘ Shenwei Light of Taihu Lake ’ Won the highest award for high performance computing applications ‘ Gordon Bell Prize ’ 。”

General Secretary of the Supreme Leader, when expounding the great changes in the new era and ten years in the Party’s Report to the 20th CPC National Congress, pointed out that basic research and original innovation have been continuously strengthened, breakthroughs have been made in some key core technologies, strategic emerging industries have grown stronger, supercomputers have made great achievements, and China has entered the ranks of innovative countries.

With the vigorous development of innovative computing power and a new generation of artificial intelligence technology, supercomputers have become a veritable big country.

Looking up at the starry sky, supercomputers can simulate the evolution of different cosmological models and help human beings get a glimpse of the mystery of dark matter. The "numerical wind tunnel" project can shorten the aerodynamic shape design cycle of aerospace vehicles such as large aircraft and rockets from one or two years to several days.

Based on the earth, supercomputers are widely used in oil and gas resources exploration, geological survey, large-scale engineering construction and so on. In the construction of Baihetan Hydropower Station, the research on seismic safety of arch dam abutment was carried out by using supercomputer, which provided a scientific basis for dam design.

Benefiting people’s livelihood, supercomputers have played a vital role in the fields of medicine, biomedicine and gene sequencing. "Tianhe Medical Health Big Data Industrialization Platform" provides services such as data storage, development and application for medical institutions, data development and algorithm application companies and multinational pharmaceutical companies.

Nowadays, the integration of supercomputing and artificial intelligence has become the core driving force for the transformation and upgrading of various industries and the development of digital economy in China. The White Paper on the Development of Intelligent Computing Industry released in 2023 shows that by 2025, the scale of China’s computing core industry will exceed 4.4 trillion yuan, and the scale of related industries will reach 24 trillion yuan.

As a productivity tool in the era of digital economy, supercomputing has become an important support for the high-quality development of economy and society, which shows the surging innovation vitality of China today.

　　In Russia, UnionPay cards have a considerable coverage. The picture shows the UnionPay card logo that can be seen everywhere in the mall.

　　Our reporter Wu Yanshe

　　Shopping in the mall, a UnionPay card can be done; Take the subway bus and scan the code with Alipay … … China people are familiar with the "swipe card and scan code" payment method, which is rapidly spreading to more and more Russian cities and commercial service systems.

　　Entering the new year, the news from unionpay international said that before the 2018 fifa world cup Games, the acceptance coverage of UnionPay cards at local ATMs and merchants’ POS terminals will be further increased to 90%. Moscow, St. Petersburg, Kaliningrad, Volgograd and other competition host cities will basically realize the barrier-free acceptance of UnionPay cards. Official website Airlines such as Aeroflot and Siberian Airlines also offer UnionPay card payment services.

　　Almost at the same time, two large supermarket chains "Lianta" and "Dixie", which ranked third and fourth in Russian turnover, also said that they would officially launch Alipay system around the Spring Festival in China. Previously, Moscow’s bus, subway, paid bicycles and other urban transportation systems have announced the introduction of Alipay, which can scan the code to purchase tickets.

　　Whether it is the traditional settlement mode based on UnionPay or the new mobile payment represented by Alipay, "Chinese-style payment" has accelerated its landing in Russia, but also opened up new space for future cooperation between the two sides.

　　Follow the Chinese people in striding "out to sea"

　　"It was our idea to accept Alipay. You know, this is one of the most popular payment methods in China. " In July last year, the central department store in Moscow, an all-Russian high-end shopping center near Red Square, launched the Alipay system for the first time. When asked by Russian media about the original intention of this move, Aleksandr Pavlov, CEO of the shopping mall, said so.

　　China’s huge tourist group and spending power are the important reasons why Russian banking system is willing to cooperate with UnionPay and Alipay, and are also the interests of countless merchants who are willing to access payment systems.

　　Statistics released recently by the Russian World Without Borders Tourism Association show that in 2017, more than 900,000 "visa-free" tourists from China visited, an increase of 18% over the previous year. It is estimated that during the 2018 World Cup, there will be at least 100,000 Russian tourists visiting China. According to the statistics of the Russian Embassy in China, there are more than 30,000 students studying in China and Russia, and in recent years, the number of personnel exchanges between China and Russia has exceeded 3 million.

　　"We have noticed that the number of people in China continues to grow." Alexei, director of the Commercial Department of the Russian Foreign Trade Bank, said, "The potential size of this market will reach 300 billion rubles (about 33 billion yuan) per year."

　　To support this view, Pavlov revealed that 9% of the turnover of Moscow Central Department Store comes from tourists from China. In Leningrad Shopping Mall in St Petersburg, another famous tourist city, the proportion of turnover contributed by China consumers is as high as 22%.

　　In fact, in order to win the market and users, the payment enterprises in China are also trying their best, including "subsidies" and "concessions". Duty-free shops and shopping malls in major airports in Russia often post preferential information similar to "15% discount on UnionPay cards", and Alipay also attracts users with "the best exchange rate". In the Gagarin Square business district in Moscow, there are many shops, and more than 80% of them can be marked with UnionPay cards. In a brand monopoly shoe store, salesgirl Valentina told reporters that the store has been paying with UnionPay for 9 years.

　　More and more local Russian residents have also started to apply for and use UnionPay cards. More than 10 local banks such as Natural Gas Industrial Bank, Agricultural Bank of Russia and Binhai Social Bank have issued nearly 1.3 million UnionPay cards. In July, 2017, unionpay international and Russian National Payment Card Company realized card issuing cooperation. MIR cards, which were originally used only in Russia, were expanded to more than 160 countries and regions covered by UnionPay network, greatly improving the convenience of Russian residents in using cards across borders.

　　The Belt and Road Initiative creates more opportunities.

　　There are some backgrounds for Russia to accelerate the introduction of "Chinese payment".

　　Take UnionPay as an example, it entered the Russian market in 2006, but the explosive growth was mainly after 2014. That year, Visa and MasterCard, which dominated the Russian credit card market due to sanctions from the United States and Europe, stopped providing payment services in many banks in Russia. Therefore, the Russian government is determined to establish its own payment system and realize a diversified settlement system. At that time, China and Russia had established a comprehensive strategic partnership of cooperation, and China UnionPay, as one of the world-renowned international credit cards, received more attention. According to Fan Jiguang, the representative of China UnionPay in Russia, in the following three years, the number of cards issued by UnionPay in the local area surged to 2 million.

　　The construction of the "Belt and Road" has also created greater opportunities for Sino-Russian financial cooperation.

　　On the one hand, with the promotion of policy communication, facility connectivity, smooth trade, financial intermediation and popular support, the payment of people coming and going in the "Belt and Road" region needs to be smooth and convenient; On the other hand, with Russia as the main radiation source, including Central Asia and CIS countries, there is a need to improve the modernization level of financial payment, safeguard domestic financial security and reduce the use of cash.

　　In May last year, the Federal Savings Bank, Russia’s largest bank, launched the UnionPay card acceptance business; In August, the Foreign Trade Bank, the second largest bank in Russia, also opened its merchants to accept UnionPay cards on the basis of realizing all available UnionPay cards at ATMs. In 2017 alone, the number of merchants and ATMs accepting UnionPay cards in Russia has more than doubled, reaching a total of 630,000 merchants and 100,000 ATMs. In countries and regions along the Belt and Road, more than 50 UnionPay cards have been used.

　　Another important factor is China’s outstanding leadership in the field of mobile payment.

　　In recent years, the globalization of cashless services of mobile payment enterprises in China has accelerated. Not only are there new mobile payment enterprises represented by Alipay and WeChat, but even traditional cross-border payment institutions such as UnionPay have also introduced mobile payment methods such as "China Unionpay Quick Pass", which has developed rapidly and been widely used, making it difficult for European and American countries to reach. In Europe, America, Southeast Asia and other countries and regions, Alipay alone has access to more than 120,000 overseas offline merchants, supporting 18 kinds of foreign currency settlement. When German youth Alfred wrote to the President "I hope to bring Alipay back to Germany" and China’s popular mobile applications were localized overseas, "Indian Alipay" and "Philippine WeChat Payment" were born. Russia, eager for financial innovation, hoped to achieve "overtaking in corners" through China’s mature cashless payment technology and experience.

　　Overseas stories have just begun.

　　In the face of the expansion of "Chinese payment" in Russia, both unionpay international and Alipay, the relevant person in charge invariably stressed when interviewed by this reporter, "This is only the first step. The story has just begun. "

　　In fact, the "story" has already begun in Southeast Asia and other countries and regions.

　　In Laos, in November 2015, the Laos National Bank Card Payment System project, which was jointly built by UnionPay, China National Development Bank and Laos Central Bank, was launched to help Laos build a national bank card payment system covering the whole territory; In Thailand, after the UnionPay chip card standard became the industry standard in Thailand, UnionPay provided Thailand with the construction standard of bank card transfer system. UnionPay has also become the sole provider of cross-border chip card standards of the Asian Payment Alliance (APN), and signed an authorization cooperation agreement for chip card standards with seven member institutions — — This means that the mainstream switching networks in Singapore, South Korea, Malaysia, Indonesia, the Philippines and other countries will take the UnionPay chip card standard as the technical standard for accepting and issuing cards.

　　Russia is an important country along the "Belt and Road" and a key area connecting Central and Eastern Europe and radiating the CIS. The layout of "Chinese-style payment" here not only means that RMB has taken an important step in the internationalization journey, but also realizes the "going out" of technology, products, services and brands by participating in the construction of payment infrastructure in overseas markets and the docking and interconnection of technical standards systems, and improves the right to speak on modern payment standards.

　　Another trend of the "story" is that it may trigger a "peripheral revolution" brought about by financial technology innovation in the Internet era. Take Alipay as an example. When China consumers download Alipay apps from their mobile phones, they will automatically switch to overseas versions when they come overseas, which not only has the function of "wallet", but also provides a lot of "outbound" services, including information on eating, drinking and having fun in the local area, ticket purchase for scenic spots, preferential treatment for "nearby" merchants and so on. As Bogdahn Zarozhne, the head of Alipay in Russia, said, "We provide more than just payment tools, but also hope to create a lifestyle-changing application."

　　It can be expected that with the rapid development of cross-border payment, a new round of cross-border electronic commerce transactions will be promoted rapidly. With the overseas expansion of "Chinese-style payment", the format of banks, the reconstruction of credit system, the form of money, the security of payment, the construction of e-commerce platform and even the supervision of online payment will also face new challenges. (Reporter Wu Yan Zhang Xiaodong)

　　(Moscow, January 15 th)

　　People’s Daily (January 16, 2018, 03 edition)