How reliable are the various functions claimed by health food?

  The Market Supervision Bureau of Yushui District, Xinyu City, Jiangxi Province conducted targeted sampling inspection on health food varieties that were strongly reflected by the masses. Photo by Liao Haijin/Bright Picture

  Lowering blood pressure, lowering blood lipid and controlling diabetes are good for stomach, kidney and liver, and even cure all diseases … … False propaganda and fraud of health food are widespread, and consumers are unbearable. Are the various health care functions promoted by businesses true and effective, and how many scientific evidences are there? Many consumers will be skeptical or fall into a trap. A few days ago, the long-awaited "Management Measures for Raw Materials Catalogue and Health Function Catalogue of Health Foods" was released, which provided institutional guarantee for "managing, managing and optimizing" health foods, making health foods more scientific, effective, safe and healthy, and allowing consumers to better understand the efficacy of health foods.

  In recent years, China’s health food industry has developed rapidly with an output value exceeding 300 billion yuan. With the rapid development of the industry, the problems of health food fraud and false propaganda have gradually emerged. Since 2017, the State Council Food Safety Office has jointly carried out special rectification of food health food fraud and false propaganda, and investigated and dealt with nearly 60,000 illegal cases with a value of more than 3 billion yuan.

  In order to enhance the efficacy of products, some illegal enterprises illegally add drugs to harm consumers; Some merchants falsely publicize and exaggerate the efficacy, and even blow health food into a "magic medicine" to deceive consumers. At the same time, problems such as low quality of registration declaration and low-level duplication of products also bring difficulties to the review and approval work. "There is an urgent need to deepen reform and innovation, implement the strictest supervision and implement the main responsibility of enterprises." Sun Meijun, deputy director of the State Administration of Markets, said frankly.

  According to the Measures for the Administration of Raw Material Catalogue and Health Function Catalogue of Health Foods (hereinafter referred to as the Measures) recently formulated and issued by the General Administration of Market Supervision in conjunction with the National Health and Wellness Commission, China will take the raw material catalogue and function catalogue as the starting point to standardize the scientific evaluation of raw material safety and health function of health foods, and encourage research and development of health foods with more scientific and technological content and more reliable efficacy.

  1. The health care function of "unclear"

  In today’s endless health care fraud, we need to re-understand health food. According to the Interpretation of People’s Republic of China (PRC) Food Safety Law, health food refers to food that claims to have health care function or aims at supplementing vitamins, minerals and other nutrients. That is, it is suitable for specific people to eat, has the function of regulating the body, does not aim at treating diseases, and does not cause any acute, subacute or chronic harm to the human body.

  It can be seen that health food is a kind of special food between ordinary food and medicine. First of all, it is food. Secondly, it is different from ordinary food, and it has certain health care function (that is, function claim), which is the core attribute of this product. Finally, although it has health care function, it does not have the effect of treating diseases, and it is different from drugs.

  For health food, function claim is the key, but it is very easy to fall into the predicament of exaggeration and false propaganda, and even fraud, which leads to the "magic medicine" flying all over the sky. Some experts have said that the false propaganda of health food is not all "intentional", but "unclear" by themselves. Because they didn’t make clear the functional mechanism of health food through rigorous scientific research, and lacked sufficient scientific basis, they couldn’t tell consumers exactly how healthy these health foods are and how to play their roles.

  Are the various functions claimed by health food scientific and effective? This is the crux of the problem. It is understood that the establishment and positioning of functional claims of food and health food similar products in major countries and regions around the world mainly focus on improving health and reducing risk factors. Specifically, the classified management of health care functions generally includes three categories: nutritional component function claim, general function claim and disease risk reduction claim.

  Among them, the function claim of nutritional components refers to the physiological activity of nutrients in human growth, development and normal function. General function claim refers to the specific function of the product for the normal function or biological activity of the human body, contributing to human health, enhancing the body function, maintaining or improving the overall health state, etc. The claim of reducing disease risk refers to the health claim that a certain food ingredient or food (food supplement) can reduce the risk of a certain disease or reduce the degree of health problems, but it cannot be equated with the role of drugs and vaccines in preventing and blocking the occurrence of diseases. For the functional claims of health food, countries generally strictly supervise it, focusing on the correlation between raw materials (ingredients), dosage and functional claims and the adequacy of scientific basis.

  The "Measures" issued this time refer to the management of functional claims by international organizations and Europe and the United States, and make it clear that the health care function of health food in China should be aimed at supplementing dietary nutrients, maintaining and improving the health status of the body or reducing the risk factors of diseases, and also put forward the health care function guided by the traditional health care theory. "It has greatly expanded the scope of supplementing micronutrients and regulating specific body functions, and covered the health care needs of the broad masses more comprehensively." Li Keji, a professor at peking university health science center School of Public Health, said.

  2. Whether it is effective or not depends on science.

  To "clarify" the health care function, we must rely on scientific research. Evaluation of raw materials safety and health care function of health food and catalogue management are the important basis for the dual-track system of filing and registration and approval of health food in China. Whether it can pass the evaluation and be included in the catalogue depends on science.

  It is understood that the catalogue of health functions stipulates the range of health functions that health foods are allowed to claim (that is, health functions that have been systematically evaluated and verified and have clear evaluation methods and judgment standards), and the catalogue of raw materials stipulates substances that can be used in health foods after safety and functional evaluation. The "Measures" are based on raw materials and functions to ensure the safety and effectiveness of health food and improve product quality.

  In order to ensure the safety, effectiveness, true and reliable functions and stable quality standards of health food raw materials, the Measures strictly stipulate the conditions, procedures and management methods for the inclusion of the catalogue. Sun Meijun introduced that the inclusion of the raw material catalogue is based on the registration and approval of health food in China for more than 20 years and the relevant data of 16,000 registered products. It is necessary not only to review the safety, but also to clarify the dosage of raw materials and the corresponding efficacy, and focus on reviewing its scientific basis.

  More importantly, how to ensure the scientific health care function. The "Measures" stipulate that the health functions claimed by health foods should have clear health needs and can be correctly understood and recognized; Have sufficient scientific basis, as well as scientific evaluation methods and criteria; The health care function guided by the traditional health care theory conforms to the traditional Chinese medicine health care theory; There are clear suitable people and unsuitable people.

  Moreover, inclusion in the catalogue does not mean that it can be used all the time. "For the raw materials and health care functions included in the catalogue, a re-evaluation and exit mechanism has been set up. If the latest research finds risks and the scientific consensus changes, the catalogue adjustment procedure can be started in time." Sun Meijun said that according to the progress of relevant scientific research and the needs of food safety risk prevention and control, the catalogue of health food raw materials and the catalogue of health care functions should be dynamically managed and adjusted according to the results of re-evaluation.

  Liu Xuecong, Secretary-General of China Nutrition and Health Food Association, believes that according to scientific research and progress, it is an inherent requirement for the development of health food industry to dynamically adjust the health care functions that can be claimed, and at the same time, allow new health care functions to be admitted, which is also to meet the growing consumer demand of the masses.

  3. Open up innovative R&D paths

  It is worth noting that the "Measures" have changed the management mode claimed by functions, emphasized social co-governance and encouraged R&D and innovation. In the past, the evaluation and management of functional claims of health food in China were all arranged by the government. The Measures reformed this "nanny-style" management mode, opened up the innovative R&D path of health food, changed the formulation of health function and evaluation method from a single government-led to multi-subject participation, guided and standardized functional R&D and scientific evaluation, and implemented the main responsibilities of enterprises and R&D institutions.

  Specifically, the "Measures" open directory project formulated a model to encourage multi-market players to participate in the catalogue formulation and research and develop new health care functions. On the basis of scientific research and demonstration, any individual, enterprise, scientific research institution and social organization can put forward suggestions for inclusion in the catalogue of raw materials and functional claims of health food, and those that meet the requirements can be included in the catalogue after being reviewed and publicly demonstrated by the competent department according to the procedural requirements, so as to stimulate the enthusiasm, initiative and creativity of enterprises, scientific research institutions and social organizations in developing new materials and functions.

  "This can give full play to the scientific research advantages of social resources, improve the scientific evaluation methods of raw materials and functions, solve the problem that the current single government is dominant and the scientific and technological strength is insufficient, improve the quality of filing products and registration applications, and improve the efficiency of evaluation and approval." Sun Meijun said.

  In addition, the Measures also encourage enterprises to not only inherit the traditional Chinese medicine health preserving theory, but also make full use of modern biomedical technology, research and develop new products with new functions, change the current situation of low-level duplication of products, and promote the high-quality development of health food industry.

  These measures are greatly welcomed by people in the industry. Liu Xuecong told reporters that changing the situation dominated by the government in the past and letting industry enterprises stand at the center of the stage of catalogue and function research will greatly encourage and promote the R&D and innovation of China’s health food industry.

  The General Administration of Market Supervision said that it will stick to the safety bottom line, strengthen scientific supervision, fully consider the efficacy orientation of health food, carry out classified management according to traditional consumption history, scientific basis and risk level, strictly supervise new raw materials and new functions, and gradually expand the catalogue of raw materials and functional claims of health food.

  4. Comprehensively clean up and adjust health care functions.

  The frequent false propaganda and fraud of health food reflects the imperfection of current health function management. The reporter learned that the General Administration of Market Supervision has begun to comprehensively clean up and adjust the health care functions approved in different historical periods in the past, to avoid confusion with the preventive and therapeutic functions of drugs and diseases, to get to the root of the problem, and to plug the loopholes in the claim that the health care functions of health food have been falsely publicized.

  "The 27 functions of the current health food have been used for nearly 20 years. With the progress of public cognition and science and technology, its name and label content have not been recognized by the society to a certain extent, and there are also many backwardness and deficiencies in science." Li Keji pointed out.

  In March 2019, the General Administration of Market Supervision issued the Announcement on Soliciting Opinions on Adjusting the Health Function of Health Food, which pointed out that after organizing many demonstrations by experts in the fields of medicine, pharmacy, food and nutrition, it is planned to adjust the health function, mainly including: First, canceling the past approvals such as "tumor suppression" and "anti-mutation", which are inconsistent with the existing regulatory positioning of health food, and the products are actually easy to exaggerate and mislead, and are not in line with health needs. The second is to further study and demonstrate the health care functions such as "auxiliary blood lipid lowering" and "auxiliary protection function for radiation hazards"; The third is to adjust 18 kinds of health function claims to improve consumers’ scientific cognition and accurate judgment of health food function claims, such as adjusting "immune regulation/immunity enhancement" to "help to enhance immunity".

  The industry believes that adjusting the claim of health care function, further defining and standardizing the source of health care function, and effectively distinguishing health food from medicine can greatly reduce the misjudgment of consumption. The reporter learned that this adjustment proposal is currently soliciting opinions from the whole society, and the General Administration of Market Supervision will also organize experts in the fields of medicine, pharmacy, food and nutrition to carefully analyze and study the collected opinions one by one.

  Sun Meijun revealed that in the next step, the market supervision department will have a series of regulatory measures to be introduced one after another. For example, formulate advertising review management measures and strictly review health food advertisements; Orderly carry out the clean-up work of replacement; Strengthen production license review, daily supervision, supervision and sampling inspection, and system inspection; We will carry out multi-sectoral joint law enforcement, severely investigate and deal with all kinds of illegal acts, and crack down on black dens illegally added, illegally sold, and made and sold fakes, and we will never be soft.

  However, Sun Meijun reminded: "Health food is not a necessity, and not everyone needs it. On the health food label, there are labels for suitable people and unsuitable people. Consumers should carefully choose according to their physical needs when purchasing. "(Reporter Chen Haibo)

Boyfriend rental market during the Spring Festival: the daily rent exceeds 1,000 yuan, and the man claims to be a green rental.

  BEIJING, Beijing, January 18 (Lv Chunrong) "Every festival is urged to get married". As the Spring Festival approaches, many single young people are beginning to worry again. Therefore, renting an object to go home for the New Year has become a helpless choice for some singles. According to a survey conducted by a reporter from Zhongxin. com (WeChat WeChat official account: cns2012), after renting a girlfriend, in recent years, there has also been a phenomenon of renting a boyfriend, with the daily rent exceeding 1,000 yuan.

  The picture shows the rental information of a "rental man"

  Spring FestivalBoyfriend rental market: the daily rent exceeds 1,000 yuan.

  Recently, some media reported that in order to avoid forced marriage, many people rented their girlfriends to go home for the New Year, and the asking price for two days and one night reached two to three thousand yuan, which also aroused public concern.

  Some men are also eyeing the business opportunity of "renting friends during the Spring Festival" and starting their own business. The reporter noticed that in a qq group of thousands of renters, many men posted personal Spring Festival rental information, including basic information such as height, weight, education and rental location. In addition, they also stated "service content", such as "coping with forced marriage of parents and relatives".

  In this regard, the reporter asked several "rental men" and found that their asking prices are not low, and their daily rents are above 1000 yuan. According to this group of administrators, in normal times, the daily rent for renting a boyfriend is from 600 yuan to 1000 yuan. However, as the Chinese New Year approaches, the price of renting a boyfriend will be more expensive, and the daily rent is generally from 1000 yuan to 1,500 yuan.

  The above-mentioned administrator also added, "The external demand for men is relatively high, so the price of renting a boyfriend during the Spring Festival will be higher than that of renting a girlfriend."

  It is worth noting that in addition to the rent, the woman also needs to pay the ticket and other related expenses, such as going out to eat and play.

  The picture shows the lease-friend agreement.

  The "rental man" calls himself a green rental and needs to sign an agreement.

  So, is it easy for a woman to rent a boyfriend? Guo Yi, a "rental man" and a post-85 Hubei guy, told reporters that he had several rental experiences. According to experience, the difficulty of renting depends on the woman’s requirements, such as education, work and appearance. If it meets the standards, the two parties will sign a friend-renting agreement, and then the woman will pay the deposit in advance according to the agreement.

  It is understood that in order to prevent the gang from being hired, the two sides will first understand each other’s information to deal with various forms of forced marriage. Guo Yi said, "My acting skills are not bad, and I have never worn a gang."

  How can two people sleep at night? Guo Yi said that he is a "green rental" and sleeps in different rooms. However, you generally don’t have to worry about this problem yourself. When you go to the woman, the other parents will arrange for two people to sleep in separate rooms.

  When talking about why renting, Guo Yi said that he had just passed the judicial examination and was currently working in a law firm. His income was not high, so he wanted to make some money during the Spring Festival.

  Many information posted by "rental men" all indicate "green rental", and the tension of Fujian boys after 90 is no exception. He told reporters that last month, he just received an order, not only implementing "green rental", but also sleeping in separate rooms. At the same time, for safety, the two sides also signed an agreement.

  Now, Zhang Li is waiting for the order of renting friends for the Spring Festival. He said, "During the Spring Festival, I was a little short of money and didn’t want to go home. And I don’t have a girlfriend yet, and I’m afraid I’ll be urged to go home. Therefore, I hope that the Spring Festival can be rented out and can also be regarded as a tour. "

  The picture shows the rental information of a renter website.

  The phenomenon of renting friends is mainly due to forced marriage?

  Behind the phenomenon of "renting friends" is mainly due to parents urging marriage? In this regard, some commentators pointed out that it is undeniable that every Spring Festival, some older young men and women are urged to get married by their families. On the one hand, they deeply appreciate the expectations of their families. On the other hand, it is difficult for them to find a suitable partner in a short time for various reasons.

  The above comments said, "It is precisely because of this contradiction that we should communicate frankly with our families, instead of passively escaping by deception. Because of feelings, there can be no falsehood. Renting a girlfriend or a boyfriend is a kind of deception to parents. It can only make the family happy for a while, and it is not a long-term solution. "

  Earlier, Zhou Xiaopeng, the chief expert on marriage and love of Lily.com, analyzed in an interview with Zhongxin.com that renting friends reflected the escape psychology of some single young people when they encountered emotional problems in marriage and love. Choosing "renting friends" is essentially an emotional escape behavior.

  Lawyers said that "renting friends to go home" has legal risks.

  Whether renting a girlfriend or a boyfriend, what everyone wants to know is, is it risky to rent a friend to go home?

  Li Hongzhao, deputy secretary-general of the Criminal Law Professional Committee of the Beijing Lawyers Association, said in an interview with Zhongxin.com that there is no clear prohibition in the law on renting a boyfriend or a girlfriend. As long as both parties abide by the law and perform their own actions as agreed, such as paying remuneration according to the contract and respecting the privacy of the other party, such a contract is understandable.

  "But this kind of behavior has certain risks, and it may also violate the law." Li Hongzhao said that on the one hand, the two parties are different from ordinary friends, and it is difficult to define the boundary between reasonable intimacy and infringement in the process of fulfilling the agreement, which often leads to the occurrence of induced sexual assault. Therefore, if an individual has other intentions, it is likely to cause rape and obscene crimes.

  On the other hand, it is not excluded that individual intermediaries or personnel cover up sexual services and prostitution in this form. This situation often violates the law, which may not only violate the Public Security Administration Punishment Law, but may even constitute crimes such as introducing prostitution. (At the request of the interviewee, some characters in the text are pseudonyms) (End)

Answering the new topics of the times in a timely and scientific way —— Deepening the regular understanding of the Party’s theoretical innovation ③.

  Under the background of the accelerated evolution and deep interaction of the "two overall situations", the new questions posed by China’s question, the question of the world, the question of the people and the question of the times are more complicated and more difficult than in the past, and we urgently need to submit answers from the combination of theory and practice.

  "Look at how the villagers live after getting rid of poverty, what difficulties are there, and how to revitalize the countryside." On the first inspection trip after the victory of the 20th National Congress of the Communist Party of China, General Secretary of the Supreme Leader walked into the orchard of Nangou Village, Gao Qiao Town, Ansai District, Yan ‘an City, Shaanxi Province. After poverty alleviation, we will comprehensively promote rural revitalization, promote the common prosperity of all people after a comprehensive well-off society, and spread the picture of a better life in a broader space and time. This brings profound enlightenment: the examination papers of the times are always new, and it is urgent for us to be brave in combining new practices and constantly promote theoretical innovation, and be good at guiding new practices with new theories.

  Thought is the forerunner of action, and theory is the guide of practice. The value of scientific theory lies in answering the topics of the times and promoting the development of practice. Not long ago, the Political Bureau of the Communist Party of China (CPC) Central Committee conducted the sixth collective study on opening up a new realm of Marxism’s China modernization. When presiding over the study, the General Secretary of the Supreme Leader pointed out that "it is necessary to scientifically answer the new topics of the times in time" and stressed that "we should promote theoretical innovation on the basis of practice, rather than sitting in an ivory tower, and we must persist in discovering truth, developing truth, realizing truth and testing truth with practice".

  Time is the mother of thought and practice is the source of theory. The source of a theory can only be rich and vivid real life, and the driving force can only be the realistic requirement of solving social contradictions and problems. From "the countryside surrounded the city and seized power by armed forces" in the bonfire era, to "only socialism can save China" in the construction period, and then to "development is the last word" in the spring tide of reform … … Practice has fully proved that all epoch-making theories are products that meet the needs of the times. Enrich yourself by constantly absorbing all outstanding cultural achievements in human history, and improve yourself by responding to new topics and developing new challenges of the times. Marxism will never end the truth, but will constantly open up the road to truth.

  Since the new era, great changes have taken place in the world, in China and in the national rejuvenation. These unprecedented "big" factors have collided at high frequency and violently stirred up, and it is urgent to find an explanation and a method of governance. General Secretary of the Supreme Leader creatively put forward that "the most essential feature of Socialism with Chinese characteristics is the Communist Party of China (CPC)’s leadership, and the greatest advantage of Socialism with Chinese characteristics’s system is the Communist Party of China (CPC)’s leadership", emphasizing that "the development of the country and the nation should be based on its own strength, and the destiny of China’s development and progress should be firmly in its own hands", and clearly "stand on the right side of history and on the side of human civilization and progress" … … The CPC Central Committee with the Supreme Leader as the core insists on combining the basic principles of Marxism with the concrete reality of China and the excellent traditional Chinese culture, and applying dialectical materialism and historical materialism to correctly answer the major questions raised by the times and practice. Socialism with Chinese characteristics Thought, the supreme leader in the new era, was founded in the great practice of the new era, which realized the mutual promotion and common progress of theoretical innovation and practical innovation, and showed great truth power and practical power.

  Only a political party with scientific theory has the power of truth; Only the cause guided by scientific theory has a bright future. Stabilizing the economy, promoting development, fighting poverty, building a well-off society, controlling epidemics, resisting catastrophes, coping with emergencies, and defusing crises, the most fundamental reason why the Party and the state can achieve historic achievements and make historic changes in the new era lies in the fact that the General Secretary of the Supreme Leader is at the helm as the core of the CPC Central Committee and the whole party, and in the scientific guidance of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era. Truth can only be tested in practice, and truth can only be established in practice. History and reality have fully proved that the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era is the theoretical crystallization from the great practice of Socialism with Chinese characteristics in the new era, the ideological banner that guides people’s happiness, national rejuvenation and world harmony, and the spiritual soul that unites the people of China to forge ahead with one heart and one mind.

  There is no end to the development of practice, and there is no end to our understanding of truth and theoretical innovation. Under the background of the accelerated evolution and deep interaction of the "two overall situations", human society is facing many common problems that need to be solved urgently. China’s reform, development and stability, internal affairs, foreign affairs and national defense, and the administration of the party, country and army are also facing a series of new major issues. The new questions posed by China, the world, the people and the times are more complicated and more difficult than in the past, and we urgently need to submit answers from the combination of theory and practice.

  The more active social practice is, the more ideological and theoretical generate is. In the new era and new journey, we must firmly establish a great historical view, grasp the development context and correct direction of world history with a broader vision and a longer-term vision, recognize the big logical trend of China’s social development and human social development, grasp the historical evolution and practical requirements of Chinese modernization, and deepen the regular understanding of promoting high-quality development and building a new development pattern in the new round of scientific and technological changes, the global economic development pattern and the staged characteristics of China’s development. Deepen the regular understanding of the Party’s self-revolutionary strategic thought in the comparison of the fate of Marxist political parties in the world and the realistic test faced by our Party in its long-term governance, comprehensively and systematically put forward scientific ideas and effective countermeasures to solve practical problems, so that contemporary China Marxism and 21st century Marxism can show stronger and more convincing truth power.

  Advanced ideas always shine with extraordinary undertakings, and scientific theories always interact with great practice. At present, the theme education of studying and implementing the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era is being carried out in a solid way throughout the Party. Rooted in the fertile soil of Chinese culture, maintaining and carrying forward the theoretical character of Marxist political parties advancing with the times, and bravely promoting theoretical and institutional innovations based on practice, the century-old party is like a towering tree, with deep roots and vigorous vitality. Standing at a new historical starting point, answering the topic of the times with "China’s Theory" and promoting "China’s Rule" with "China’s System", the road of Chinese modernization will surely become wider and wider.

2022 International Integrated Circuit Exhibition and Seminar held 18 major projects in related industries in Nanjing this year.

  From August 16th to 17th, 2022 International Integrated Circuit Exhibition and Seminar was held in Nanjing International Expo Center. Cadence, ADI, Anmou Technology, Imagination and many other well-known international and local semiconductor suppliers and distributors participated in the exhibition to showcase their excellent solutions and products and share the resources of industrial supply chain.

  At the same time, the exhibition held two summit forums and three technical forums, and more than 100 well-known experts and entrepreneurs in the fields of electronics and applications at home and abroad attended and shared, focusing on the frontier topics of vertical industries, covering IC design, SoC design, carbon neutrality, MCU, EDA/IP, efficient power management and wide band gap semiconductor technology.

  For example, the Tenth Five-Year Plan period is the key period for China’s "peak carbon dioxide emissions Carbon Neutralization", which is a challenge and an opportunity for the electronics industry. The 2022 International Carbon Neutralization Electronic Industry Development Summit Forum was held on the morning of 16th, and experts from various fields in the semiconductor industry comprehensively analyzed the "carbon neutrality" policy and market, and empowered "carbon neutrality" from the perspective of semiconductor technology innovation. According to ADI, especially the renewable energy including wind energy and solar energy, building a clean, safe and efficient energy system is in urgent need of an energy storage system, while the energy storage system needs intelligent battery management chips to maximize the working efficiency of the energy storage system and get the best results. Their heavy product, high-precision 18-channel battery management chip, is aimed at the industrial power grid energy storage, standby battery system and high-power portable equipment market, and can measure up to 18 battery cells connected in series, with a total measurement error of less than 3.0mV. Sun Wenjian, CEO of this core technology, believes that as the core productivity of the digital economy, computing power has become the new focus of global strategic competition, and the construction of the next generation of green computing power is also an important part of achieving carbon neutrality. In the current mainstream CPU architecture, Arm architecture has the advantage of low power consumption, which is very consistent with the future development trend of green and low carbon. From the market point of view, the transformation curtain of Arm from low computing power to high performance computing is rapidly opening.

  The EDA/IP and IC Design Forum provides EDA tools and IP solutions for many enterprises involved in IC design. The MCU Technology and Application Forum will bring together technology and application experts in the field of microcontrollers to discuss hot topics such as the latest processor technology, edge AI, emerging applications and ecological development. The 2022 China IC Leaders Summit will be held on the morning of 17th. With the theme of "20 years, forge ahead", experts and business leaders in semiconductor industry will be invited to review the development of China semiconductor industry in the past 20 years with senior engineers, technical and supply chain professionals and business executives in China electronics and IC design industry, and discuss the development path of China semiconductor in the next decade.

  The reporter learned that in 2021, Nanjing’s integrated circuit industry chain continued to maintain rapid development, and 183 enterprises above designated size achieved a cumulative revenue of 47.525 billion yuan, a year-on-year increase of 17.7%. Among them, there are 155 IC design industries, 2 wafer manufacturing industries, 8 packaging and testing industries and 18 IC support industries. At present, Nanjing has formed a spatial layout of integrated circuit industry with Jiangbei New District as "one core", Jiangning Development Zone and Nanjing Economic Development Zone as "two wings", and Nanjing Software Valley, Xuzhuang Software Park and Qilin Science and Technology Park as "three bases". In the Plan of Major Projects for Economic and Social Development in Nanjing in 2022, the total planned investment of 420 major projects promoted in Nanjing this year reached 1.4682 trillion yuan, with an annual planned investment of 236.1 billion yuan. Among them, there are 18 projects involving semiconductors and integrated circuits with a total investment of about 36.711 billion yuan.

  (Source: Jiangsu News Broadcasting/Ding Fengyun Editor/Wang Ze)

Shanghai pu Dao shui hui environmental protection technology co., ltd

With the increasing demand for healthy, economical and convenient drinking water in the consumer market, the use scenarios of water purification equipment have become more diverse and comprehensive. Shanghai Pudao Shuihui Environmental Protection Technology Co., Ltd. (hereinafter referred to as "Pudao Shuihui") is a high-tech enterprise focusing on intelligent healthy direct drinking water, providing a new generation of intelligent water purification equipment and full-scene water purification solutions for business offices, hospitals, schools, government and enterprises, hotels and restaurants, manufacturing factories, large parks and other scenes. The company is a national high-tech enterprise, a Shanghai science and technology giant (cultivating) enterprise, a "specialized and innovative" small and medium-sized enterprise in Shanghai, and a member of China LoRa Application Alliance.

Park Road Water flows into the space where resident enterprises know about science and technology creation, and makes full use of the platform’s multi-module capabilities such as intellectual property management, scientific and technological information acquisition, and intelligent marketing to expand customers, so as to improve the company’s digital operation management level and technological innovation efficiency, and help China’s intelligent, healthy and direct drinking water industry move towards the "fast lane" of high-quality development.

Pudao Shuihui has been deeply involved in the field of water purification for more than ten years. It is the pioneer of "healthy water" in China, pays attention to the construction of innovation ability, takes the advantages of "healthy water+intelligence" as the engine of enterprise development, and continuously increases investment in research and development. The company set up a research and development center, equipped with technical research, product development and testing departments, and introduced sophisticated equipment, and built a number of teams including software and hardware and waterway system technical research, product management and structure development, intellectual property management, water quality and performance testing.

Thanks to its forward-looking strategic vision and strong scientific research strength, Park Dao Shuihui successfully applied IOT/ Internet of Things technology to the water appliance industry in 2014, becoming the first brand in China to create high-end intelligent healthy direct drinking water. The company’s research achievements have reached the advanced level in filtration technology, heating technology and intelligent management and control technology, and the innovative technologies introduced include DPM dynamic protein separation technology and DSC nano-single crystal shield Shi Ying heating technology. Using the advantages of intelligent equipment, intelligent operation and maintenance and big data, the company has built a Park Road Intelligent Cloud Platform, which realizes real-time monitoring of water quality status and equipment operation, fault warning and intelligent after-sales, and is the first in the industry to realize the life cycle management of healthy direct drinking water.

Park Road Shuihui independently developed a full range of products suitable for various scenarios, such as business offices, government and enterprise units, hospitals and schools, hotels and restaurants, retail chains, manufacturing plants, airport high-speed rail and so on. Taking the latest Warrior E6/E9 products as an example, the instant heating technology can continuously provide 100℃ real water to meet the demand of large-flow hot water drinking. The water tank-free design realizes standby zero energy consumption, saving more than 40% energy compared with the traditional energy-saving heating method, and the water outlet rate of purified water is ≥ 65%, better than the national first-class water efficiency standard.

Each product of Park Road Shuihui contains no less than 3 non-appearance patents and has undergone strict water quality safety testing. The company applied for about 150 patents, including 36 invention patents and 55 utility model patents, and participated in drafting a number of industry standards.

With advanced water purification technology and high-quality products and services, Park Dao Shuihui has built a service network covering more than 300 cities across the country, serving hundreds of Fortune 500 companies, Fortune 500 companies in China, and well-known institutions of higher learning. Healthy water has benefited more than 50 million people, with total sales exceeding 170 million yuan in the past three years. The domestic market share of self-developed tea water purification filtration equipment has exceeded 14%.

Park Road Shuihui has won many authoritative certifications in the world, such as national 3C certification, CQC quality certification, wading hygiene license, CDC water quality certification, CNAS certification, China Quality Inspection Association certification, international WELL system certification and so on, and won many honors.

With the advent of the digital economy era, the intelligent management system has been introduced to improve the digital level. Through the science and technology space, the whole cycle management of intellectual property application and maintenance is realized, and the whole process of product development is controlled through Teambition. The science and technology creation space provides all-round digital intelligence support for Park Road Shuihui, effectively improving the overall science and technology creation efficiency of the enterprise.

In the future, Park Road Shuihui will continue to improve its innovative management system, enhance its core competitiveness and market share in the water purification industry, and accelerate its building into a digital benchmark for the high-end intelligent water purification industry.

Integrity commitment of enterprise product and service quality

Product quality commitment: Park Road Shuihui pays attention to strengthening the construction of enterprise quality integrity culture. The product research and development team strictly controls a series of processes such as development, production and inspection to ensure product quality. At the same time, we will continue to strengthen the sense of responsibility and quality integrity of enterprises and consolidate the construction of product quality system.

Commitment to healthy water quality: At present, Park Dao Shuihui has established an R&D laboratory with R&D team leaders as the core. By continuously increasing R&D efforts and giving full play to its technological advantages, it strives to lead the trend of scientific and technological innovation in the industry, providing strong technical support for the quality assurance of intelligent healthy direct drinking water equipment and escorting healthy water quality throughout the process. At the same time, professional water quality testing can be carried out for users of Park Road Shuihui and a report can be issued, so that users can rest assured to drink water.

Service quality commitment: Park Road Shuihui promises to strictly screen products before sale, provide warm and meticulous service during sale, and provide all-round 360 butler service after sale. Relying on the intelligent management system, after-sales personnel can track the after-sales service in a timely, active and efficient manner to ensure a superior drinking experience for users. In addition, Park Road Shuihui has many successful service experiences of world-class companies, which makes the service commitment more secure.

Main products: PUDOW commercial direct drinking machine, household water purifier, kindergarten intelligent drinking water system.

http://www.pudow.cn

Progress has been made in the study of single cell Raman tracing the evolution track of bacterial resistance in urban environment institute

  The frequent emergence of antibiotic resistance challenges modern medicine. It is very important to discuss the evolution of resistance to curb its global spread. The evolution of resistance involves a highly complex phenotypic heterogeneous response. Under the treatment of antibiotics, a small number of antibiotic-tolerant cell subsets will appear in the microbial flora with identical genes. The surviving subgroup can’t grow in the presence of antibiotics, but it can grow again after removing antibiotics, resulting in long-term recurrent infection, which is also the key reservoir for subsequent mutation of resistance genes. However, due to the complex heterogeneous response and stagnant growth of tolerance subgroups, it is still a challenge to identify tolerance subgroups from a large number of bacterial populations and track their physiological evolution trajectory. 
  Recently, the team of Academician Zhu Yongguan from the Institute of Urban Environment, Chinese Academy of Sciences and Cui Li’s research group published in German Applied Chemistry. A research paper entitled an isotope-labeled single-cell Raman spectroscopy approach for tracking the physiological evolution of bacteria towards biological resistance was published. In this study, the heterogeneity of bacterial response was analyzed in situ at a high-precision level by developing a combination of single-cell Raman-deuterium isotope-multivariate statistical analysis, and the differentiation and dynamic changes of phenotypic subsets were sensitively identified from a large number of bacterial populations, which realized the rapid in-situ tracking of bacterial phenotypic physiological trajectory before resistance mutation, providing important guidance for curbing resistance evolution. 
  In this study, bacteria were repeatedly exposed to clinical therapeutic doses of antibiotics, and antibiotic resistance evolved. In this paper, the in-situ activity of bacteria during evolution was detected by Raman spectroscopy of single cells labeled with heavy water in a culture-independent way. The results showed that the activity of bacteria under antibiotic pressure gradually increased with the treatment cycle without resistance mutation, indicating that its phenotypic tolerance gradually improved. Furthermore, the study uses UMAP multivariate statistical algorithm to analyze the single cell Raman fingerprint interval of thousands of bacteria in all evolutionary stages. According to the physiological response of bacterial phenotype indicated by Raman fingerprint, four phenotypic subgroups differentiated with the evolution of resistance were identified from bacterial populations with identical initial genotypes, namely sensitive flora, primary tolerant bacteria, evolution tolerant bacteria and evolution resistant bacteria, and the dynamic changes of the four subgroups with the evolution process were sensitively captured. So far, based on the heterogeneous response of bacteria in situ phenotype revealed by single cell Raman, researchers have drawn a physiological trajectory map of resistance evolution. Genome-wide sequencing of bacteria verified the revealed phenotype interactively, and analyzed the genetic basis of phenotype. Phenotypic differentiation is very important to maintain the survival and evolution of the whole flora. Because phenotypic differentiation is much earlier than resistance mutation, identifying phenotypic differentiation is of great significance for guiding clinical medication and reducing the occurrence of antibiotic tolerance and resistance mutation. In this study, the Raman spectra of four distinct subgroups were used to dig out the Raman marker peaks of tolerance and resistance mutation, which promoted the rapid and accurate identification of different stages of resistance evolution, especially phenotypic tolerance. 
  The single cell analysis platform can be extended to a wider range of research on the evolution of resistance induced by antibiotics or non-antibiotic chemicals. In the future, the single-cell Raman can be combined with targeted single-cell sorting and multi-omics technology to realize the accurate correlation between tolerance and resistance phenotype and genotype, and promote the further explanation of evolutionary mechanism. The research work is supported by the "0 to 1" original innovation project of Chinese Academy of Sciences, the innovative research group project of National Natural Science Foundation of China and Fujian Natural Science Foundation. 
  Paper link 
  Tracking the evolution of bacterial antibiotic resistance by single cell Raman-isotope labeling-multivariate statistical analysis

Review on the Management of Yike Food’s 2021 Annual Board of Directors

() 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.

Overseas media pay attention to the US "self-slapping" and widely forward international critical articles.

  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.

Lenovo Xiaoxin Air 15 2019 Evaluation: A Thin Book Keeping pace with the Times

  [PConline evaluation] "Keeping pace with the times" is like the blood flowing in the body of a technology manufacturer. Without blood, you can’t survive; Without hematopoiesis, there is no vitality. And "keeping pace with the times" has different concrete appearances in different industries and different types of manufacturers. For example, in the notebook industry we are going to talk about next, "keeping pace with the times" means using the latest hardware and adopting a design language that fits the times and approaches consumers.

  From the hardware point of view, the latest hardware is nothing more than Intel’s eight-generation (thin notebook)/nine-generation (game notebook) processors and NVIDIA’s MX (thin notebook) /RTX (game notebook) graphics cards. As a leader in the notebook industry, what kind of new hardware is connected in series and what kind of design is used to make Lenovo’s products stand out in the fierce competition in the market? This time,

  Intimate design and accurate positioning of users

  Just as black and white is an eternal classic, simplicity is a design that never falls behind. However, simplicity does not mean monotony, and how to distinguish simplicity from monotony, Lenovo Xiaoxin Air 15 2019 is realized by small corner LOGO embellishment.

  The front of Lenovo Xiaoxin Air 15 2019 is treated with frosting and spraying technology. On the whole, it looks strong in metal texture, and it is dry and delicate in practice.

  On the front of Nuoda, except Lenovo Logo in the upper left corner, the notebook has no other gaudy logo, which is concise and clear, not only conforms to the design pursuit of simplicity and fashion of young people at present, but also shows the neatness and competence of business elites when taking it on business trips.

  When it comes to the use of business elites, Lenovo Xiaoxin Air 15 2019 is equipped with many practical interfaces. Among them, from the outside to the inside, USB 3.1 interface x 2, SD card reader and small hole with "one-button recovery" function are arranged on the right side. The external USB 3.1 interface can charge mobile phones, tablets and other devices even if the computer is turned off. The notebook is cleverly transformed into a large charging treasure, and there is no need to carry multiple charging treasures on business trips, which is easy and enjoyable; The "one-button recovery" function converted from the ThinkPad blue key can also help users get out of trouble easily when they encounter intractable problems such as system crash/computer blue screen.

  As for the left side, the power interface, HDMI display interface, USB Type-C interface and 3.5mm 2-in-1 audio interface are listed in turn. With the addition of USB Type-C interface, the diversified interface support of the computer is realized. No matter what type of data cable the mobile phone uses, there is always an interface suitable for you.

  At the back of the rotating shaft and the bottom of the notebook, a large fence corresponds to the cooling fan of the notebook, and the heat generated when the notebook runs large software also has sufficient cooling space.

  In addition, different from the traditional four-corner foot pads, Lenovo Xiaoxin Air 15 2019 uses 2+1 rubber foot pads at the bottom, with long and thick rubber foot pads. With the first two small foot pads, the notebook can be used stably in more scenes.

  Thanks to the flexibility of the rotating shaft, the opening and closing angle of Lenovo Xiaoxin Air 15 2019 model can reach 180. It is also very convenient to play drama on the sofa/bed in leisure time and discuss ideas with others at work.

  The narrow bezel design that keeps pace with the times generally stays at a width of 7.5mm in the market, while Lenovo Xiaoxin Air 15 2019 has achieved a width of 4.25mm, which makes the notebook screen account for as much as 85.3%. The 15.6-inch notebook looks only the size of the traditional 14-inch notebook. When users are working, their horizons are wider and their mood is naturally brighter, and they can also feel greater vision when watching movies.

  Due to the integration of the camera and microphone required for video, the forehead of Lenovo Xiaoxin Air 15 2019 is not as narrow as the borders on both sides, but it is still much narrower than the ordinary models on the market. On this narrow forehead, Lenovo skillfully added a physical peep-proof switch to the camera, turned it off to the left and turned it on to the right. In an era when privacy is increasingly valued, sometimes an excellent design language is a small and intimate design that meets the needs of the times.

  Now that we talk about privacy protection, fingerprint recognition is indispensable for a light notebook that keeps pace with the times. In the lower right corner of the keyboard of Lenovo Xiaoxin Air 15 2019, the fingerprint recognition function is added to Lenovo Xiaoxin Air 15 2019. This pressed fingerprint key can be used as a power-on key, and it can be unlocked to enter the system when it is dormant, thus avoiding the embarrassment of inputting passwords in front of many people and effectively protecting personal privacy.

  Maybe you will ask, with this button, what is the function of the power button in the upper right corner? Just as the "one-button recovery" function exists, a backup scheme is also needed for the safety of business use. The existence of the power key is not only the first entrance when fingerprint identification is not set, but also the second entrance when fingerprint identification fails.

  In order to get a better feel, many users like an external mechanical keyboard. Going on a business trip means saying goodbye to the mechanical keyboard, but using Lenovo Xiaoxin Air 15 2019 does not mean saying goodbye to a good feel.

  Lenovo Xiaoxin Air 15 2019 keyboard adopts an isolated chocolate keyboard, and each key exists independently, with a distance of 19.05mm, which is not easy to touch by mistake; The key stroke is 1.3mm, and the quick tapping response is quick; Coupled with the matte paint on the surface of the keycap, although the feel is not as good as that of the mechanical keyboard, it is definitely not bad for business trips.

  In addition, it is not difficult to use the backlight at night by calling up the backlight through FN+ space bar. And the digital keyboard area that makes full use of space will greatly improve the office efficiency for friends who have to deal with numbers every day.

  In the touchpad part, Lenovo Xiaoxin Air 15 2019 adopts an integrated glass touchpad solution. The area looks small, but it is very sensitive and smooth in actual operation. It can complete accurate operation only by clicking and gesturing, and it is not a big problem without a mouse in daily office.

  Surrounding dolby pro logic with 15.6-inch ultra-narrow bezel and high color gamut full HD IPS full screen not only provides users with excellent audio and video experience visually but also audibly.

  In terms of thickness and weight, Lenovo Xiaoxin Air 15 2019 is made of aluminum alloy metal, which provides sufficient strength guarantee for the fuselage, and also makes the whole notebook lighter. The thinnest part is 16.9mm, and the 15.6-inch fuselage with power adapter is only 2.3kg (1.76kg for the fuselage), so it is relatively light to carry on business trips.

  Excellent configuration to enhance user experience On the screen side, Xiaoxin Air15 2019 adopts the popular "high color gamut IPS screen", which has a high color gamut coverage of 72%NTSC, and the screen resolution is 1920×1080. The surface layer is treated with anti-glare atomization, and with the high brightness of 300 nits, it also has a good impression under strong light.

  On the processor side, Lenovo Xiaoxin Air 15 2019 is an eight-generation Core i7-8565U equipped with Intel’s latest Whiskey Lake architecture. This processor has been enhanced, and its performance is at least 10% higher than that of the i7-8550U introduced earlier, with a main frequency of 1.8GHz, a turbo frequency of 4.6GHz, 4 cores and 8 threads, a third-level cache of 8 MB, and a TDP of 15W.

  With a stronger eight-generation Core i7-8565U, Lenovo Xiaoxin Air 15 2019 also enables multi-mode support. Through FN+Q, users can switch between beast, mute and balanced modes at will.

  When the external power supply is inconvenient for business trip, use the "silent" mode with longer battery life; Leisure and entertainment want to play games such as League of Legends to start the "beast"; Multi-mode selection also makes it better adapt to more usage scenarios.

Silent mode

Beast mode

  Then, under different modes, what is the performance difference of Lenovo Xiaoxin Air 15 2019? We tested its lowest performance "silent" mode and the strongest performance "beast" mode through CINEBENCH R15. The results are shown in the figure, and the final results of the "silent" mode are: multi-core 542cb and single-core 160cb;; Final results of "Beast" mode: multi-core 694cb, single-core 171cb.

  Judging from the score, the silent mode is quite different from the Beast mode, but don’t underestimate the performance of the silent mode, which is only a little lower than i7-8550U (single core 166cb, multi-core 561cb), which also means that in the silent mode, any browser can be opened more, office software can be used, or PS retouching, video editing and simple rendering can be done.

  As for the "Beast" mode, the single-core performance basically exceeds that of the previous generation i7-7700HQ standard voltage. In other words, this processor has more than enough computing power to deal with some mainstream online games.

  Since there is no problem with the computing power of the processor, the only other factor that may hinder the notebook from playing is the core temperature. We use AIDA for this part? 64 Carry out CPU copying test on Lenovo Xiaoxin Air 15 2019. Under the condition of 100% high load, we can see that the core temperature of i7-8565U fluctuates regularly between 70℃ and 90℃, and the whole process processor runs stably without sudden frequency drop. It is not easy to perform stably at high temperature. This achievement is not only due to the low power consumption of Intel processor, but also thanks to the design skill of Lenovo’s double fans, double copper pipes and die cooling of the whole machine.

  During the copying process, we tested Lenovo Xiaoxin Air 15 2019 with infrared thermometer. Under the condition of room temperature of 26.1℃, the high temperature area of the machine is mainly concentrated in the heat dissipation port at the rotating shaft, with the highest temperature of 47.3℃. Only by touching that position with your hands can you feel the temperature.

  As for the graphics card, NVIDIA MX250 has a core frequency of 1519MHz and a memory frequency of 1752MHz. It is full of blood without castration, and its performance is improved by 5% ~ 10% compared with the "full blood version" MX150, which can meet the needs of ordinary 3D online games and barely getting started eating chicken. In addition, the editing speed of general pictures and videos such as Photoshop, Illustrator, Lightroom and Premiere will be faster.

  In the hard disk part, Lenovo Xiaoxin Air 15 2019 has a built-in 1T PCIe SSD. In the test of CrystalDiskMark, the sequential reading and writing speed of 1G file is as high as 3453MB/s and 2107MB/s, and the random reading and writing performance of 4K is 37.35MB/s and 77.78mb/s. To be honest, it is quite unexpected that the sequential reading and writing can reach such a high speed. This side reflects that Lenovo uses the same amount of materials in invisible places, and uses high-standard hardware at any cost, in exchange for a smooth user experience with 5 seconds of boot and rapid software response. In terms of product scalability, according to the official product introduction, Xiaoxin Air15 2019′ s memory supports a maximum of 20G dual-channel memory expansion. The SSD also supports dual SSDs, with extra M.2242 extension bits reserved, and supports PCIe bus and NVMe protocol as well as the main hard disk bits. As a thin notebook with a thickness of only 16.9mm, its storage scalability is still worthy of recognition.

  The battery life-related part is a highlight of Air15 2019. Compared with the previous generation of 45Wh and the current situation that the products of the same level are mostly hovering at 50-60Wh, this year’s Air15 2019 battery has jumped to a super-large capacity of 70Wh, which is a ride in the same level of light and thin books. The official announcement has the longest battery life of 19 hours. Of course, this is the theoretical time. In fact, it is closer to the scene used by users. We recommend using PC Mark8′ s Work mode battery life test. Due to the compatibility problem with the language pack of PC Mark8, it is temporarily impossible to carry out the battery life simulation test on the test machine on hand. According to the results released by netizens at present, the longest working mode can reach about 7-8 hours. This has obvious advantages over the common score of about 5 hours.

  In addition to the large battery, Air15 2019 also supports ultra-fast charging technology, claiming that it can be used for 4 hours after charging for 1 quarter of an hour, and it can use the fragmented time to quickly "return blood" to the computer. However, the description of 65W high-power adapter reminds me of Z6 Pro’s "27W fast charging adapter" some time ago, which is funny manually.

  Summary:

  Even if it is implemented in notebooks, the performance of "keeping pace with the times" is different because of different product segments. Lenovo Xiaoxin Air 15 2019, based on the common elements such as large screen, all-metal, thinness and uniqueness, also strengthened the two outstanding advantages of screen quality and battery capacity, and explained to you the configuration and design language that a large-size business thinness should have. Its version of i5/8G/1T SSD/MX250 is priced at only 5499 yuan, which is still very competitive in a light and thin book of 5000 yuan. .

China fought back! Accompany the Sino-US trade war provoked by Trump to the end

Original title: China strikes back! Accompany the Sino-US trade war provoked by Trump to the end

In the early hours of last night, US President Trump formally signed a presidential memorandum to impose punitive tariffs on China’s imports and exports worth $60 billion to punish "China’s theft of American intellectual property". When Trump signed this memo, he still recited in his mouth:

This is just the beginning.
This is the first of many.

Trump signed a presidential memorandum at the White House. Photo from: Xinhua News Agency Trump’s move officially started a trade war with China, and he also suffered a loss of 800 yuan. As soon as the news came out of the earthquake in the US stock market, the Dow Jones Industrial Average plummeted by more than 700 points, and the three major stock indexes all fell by more than 2.4%, the biggest drop in a single day in more than a month.

This news has also implicated the global stock market, and the global stock market is full of sorrow. After the opening of the China stock market, the Shanghai and Shenzhen Stock Index 300 also recorded a decline of more than 3%. By the close, the Shenzhen Component Index fell by 4.02%, and the Shanghai Composite Index also fell by 3.39%. More than 400 stocks in the Shanghai and Shenzhen stock markets fell.

Cui Tiankai, China’s ambassador to the United States, faced Trump’s restrictive measures against China, and Cui Tiankai, China’s ambassador to the United States, quickly responded through the official Facebook. Cui Tiankai said that the accusation of China’s intellectual property infringement was "unfounded" and China did not want to fight a trade war, but it was not afraid of a trade war:

We will definitely fight back, and we will retaliate. If someone wants to play hard, we will play hard with them to see who will last longer. Trump has been planning for a long time. According to this presidential memorandum just signed by Trump, the Office of the US Trade Representative will formulate a specific plan to impose tariffs on China goods within 15 days, and will also sue China to the World Trade Organization for related issues. At the same time, the U.S. Treasury Department will issue relevant plans within 60 days to restrict China enterprises’ investment and mergers and acquisitions in American enterprises.

At present, the Trump administration hasn’t revealed which China goods it will impose tariffs on. However, according to foreign media reports such as The New York Times, the United States will introduce 100 tariff measures against China, and the US Trade Representative Office has drawn up a list of 1,300 goods worth $48 billion. New York Post commented on this tariff measure:

Trump’s order to impose tariffs on China’s goods and restrict China’s investment in the United States is a slap in the face to the world’s second largest economy. Trump said that these measures are aimed at solving the US$ 375 billion trade deficit with China, and bluntly said that these tariffs "make us a stronger and richer country". This may be the American dream in Trump’s eyes. In fact, Trump has been planning to take a stronger trade strike against China since he took office.

The main basis for this tariff increase on China is the "301 investigation" launched by the United States against China last year. On August 14th last year, Trump signed an executive order authorizing US Trade Representative Wright Heze to formally launch a trade investigation on China in the fields of technology transfer, intellectual property rights and innovation in accordance with Section 301 of the Trade Act of 1974. On August 18th, Wright Heze announced the official launch of the "301 investigation" in China.

Trump signed an executive order to launch a "301 investigation" against China. This trade bill, which was born during the Cold War, has always been the hegemonic weapon of American unilateralism, and now it is being used again against China. Since 2001, the United States has only launched a "301 investigation" against Ukraine in 2013. Over the past 30 years, the United States has launched "301 investigation" on China many times, among which the most frequent investigation was in the 1980s and 1990s. The last time was in 2010, the United States announced the launch of the "301 investigation" on China’s clean energy policies and measures, but in the end, China and the United States reached an agreement through negotiations, and the United States did not take any measures.

It may also be that in the past, the United States only used the "301 investigation" as a deterrent. When Trump announced the launch of the "301 investigation" on China last year, many media and scholars thought that the symbolic significance was greater than the actual significance. The New York Times and the Financial Times both pointed out at that time that there was little chance of a Sino-US trade war because of the length of the investigation and geopolitical factors. Like the time he was elected president, Trump gave the United States and the world a big "surprise" this time. In fact, in January this year, the United States announced that it would impose temporary tariffs on imported solar cells and panels and large household washing machines. Earlier this month, Trump announced that he would impose high tariffs on imported steel and aluminum. Trump’s determination to go further and further on the road of "trade protectionism" is already obvious.

The former site of a steel mill in Guangzhou, China. The steel produced in China actually accounts for only about 2% of the steel used in the United States. Photo: The New York Times At the G20 meeting that ended not long ago, U.S. Treasury Secretary Mnuchin once again stressed that a series of tariff measures in the United States are to protect their industries from the impact of dumping and unfair competition. However, American companies don’t seem to buy it. A few days ago, 45 trade associations, including Apple, Google, Nike and Wal-Mart, jointly called on the Trump administration to suspend its plan to impose tariffs on China products.

Photo from: After Trump announced the imposition of tariffs on China on a large scale, the new york Times warned that the decision of American business organizations to use tariffs to solve the problem may be counterproductive. Imposing tariffs not only harms American consumers, but may also lead to retaliation.

Photo from: YouTube, the National Retail Federation, believes that increasing tariffs will "make ordinary Americans punished for China’s violations". Accompany to the end! China strikes back. As stated in an earlier statement of China’s embassy in the United States, China is not only not afraid of a trade war, but will also make a strong counterattack to the end. On the morning of March 23rd, China’s Ministry of Commerce also officially issued a statement on this Trump tariff measure, and responded to the US trade measure with actions.
China decided to impose tariffs on some imported goods from the United States, so as to balance the losses caused to China’s interests by the United States imposing tariffs on imported steel and aluminum products.

The Ministry of Commerce issued a list of products that were suspended from the 232 measures to import steel and aluminum products from the United States and solicited public opinions. The list included 128 items in 7 categories, involving about 3 billion US dollars of American exports to China. The list was divided into two parts. The first part included 120 items, involving 977 million US dollars of American exports to China, including fresh fruits, dried fruits and nut products, wine, modified ethanol, American ginseng, seamless steel pipes and other products. The second part includes 8 taxes, involving US$ 1.992 billion in exports to China, including pork and its products, recycled aluminum and other products. It is proposed to impose a 25% tariff.

The Ministry of Commerce pointed out that the United States restricted the import of products on the grounds of "national security", which seriously undermined the multilateral trading system represented by the WTO and seriously interfered with the normal international trade order. In fact, in the face of Trump’s Si Mazhao heart, China’s counterattack has already begun. Yesterday, China’s Ministry of Commerce issued two announcements in succession. One was to decide to continue to levy anti-dumping duties on photographic paper imported from the European Union, the United States and Japan, and the other was to file an anti-dumping review on hydroquinone imported from the United States and Japan.

Trump’s "shooting yourself in the foot": When commenting on Trump’s trade measures, both China officials and American media used a sentence: shooting yourself in the foot. China’s ambassador to the United States clearly pointed out in the statement:

This move by the United States will also lift a rock and drop it on its own feet, which will directly harm the interests of American consumers, companies and financial markets, and will also have a negative impact on the international trade order and world economic stability.

The New York Times also published an article entitled "Trump tariff war will lift a rock and drop it on your own feet? "article, the article quoted the views of trade experts:

These policies will alienate allies and undermine the potential for collective action by countries that are equally dissatisfied with China, thus weakening the position of the United States in the world. In an article, the Financial Times said that Trump was not fully prepared for this explosive trade war:

Trump’s trade war with China may turn into a quagmire for a long time, just like the invasion of Afghanistan. According to a research report recently released by the American Information Technology Innovation Foundation, if the Trump administration imposes a 25% tariff on information and communication technology products imported from China, it will cause the US economy to lose about $332 billion in the next 10 years.

Trump’s stroke of a pen has a great impact on China, the United States and the world, but it is also in line with Trump’s style. It’s just that Trump may have made a decision that harms others, and the global stock market crash has just begun. However, this boot has not yet fully landed. Before the bill to increase tariffs is officially implemented, there will be a consultation period, and members and other relevant people can also propose amendments to this tariff policy, which is also the last room for manoeuvre.

However, who can persuade Trump?