The woman said that the driver blacked out the delivery of the car when it was full, and the goods were missing and delayed for one week.

For several days, Ms. Zheng, a Sichuan businessman, has been looking for the goods she sent to Fuzhou. Recently, she told The Paper that she made an online delivery by truck, but before the goods were delivered, the driver blacked her out and the goods were once missing. When she prepared the materials to reproduce a batch of goods and compensate the buyer, the previous goods finally fell. At this time, it was a week since the agreed delivery time, but the delivery driver still disappeared.

Damaged bamboo furniture Photo courtesy of Ms. Zheng

Ms. Zheng told The Paper (www.thepaper.cn) that she had booked the truck on the platform of Yuman, but the driver of the truck still couldn’t get in touch. The full platform replied that "this person can’t be contacted" and "you can sue him".

According to Ms. Zheng, she is a handmade bamboo furniture manufacturer in Meishan, Sichuan. The total value of this batch of furniture sent to Fuzhou is nearly 60,000 yuan.

On October 16th, she booked a driver on the "Yun Man Man" freight network platform to ship the furniture to Fuzhou in the form of "to pay the freight". Two days later, the buyer had not seen the goods, but the driver began to ask her for the freight. After she refused, the truck driver and the goods once disappeared.

Screenshot of Ms. Zheng’s order on the full platform.

The screenshot of the reservation for the "YumanMan" platform provided by Ms. Zheng shows that on October 16th, she released a delivery order on the YumanMan platform, which was received by a master named Feng. The delivery plan is: the delivery will start at 17:00 on October 16th and arrive in Fuzhou at 5:15 on the 18th.

However, Ms. Zheng said that it was Master Feng who took the order, but Master Liu who came to pull the goods. At that time, considering that they might be together or partners, she didn’t think much, thinking that as long as the goods were delivered, she didn’t care.

The picture of the handwritten delivery order provided by Ms. Zheng shows that "to pay the freight" is marked in the document, and the freight is 3,800 yuan. There are two documents, one for Ms. Zheng and one for Master Liu. Ms. Zheng said that to pay the freight was also agreed between her and the buyer.

On the 18th, Master Liu sent a message to Ms. Zheng, saying, "The goods have arrived (in Fuzhou), so please arrange the freight." Ms. Zheng said that she immediately asked Master Liu about the specific location of the goods. Master Liu only said "received the freight delivery" and did not tell the specific location of the goods. She was already very worried at that time.

So, Ms. Zheng said to Master Liu: "If you don’t see the goods, you won’t be paid. When the goods arrive, you won’t be short of one point." Ms. Zheng said that the customer did not receive the goods at that time, and Master Liu refused to tell the specific location of the goods, and the two sides were deadlocked.

Ms. Zheng said that it had been made clear in advance that the buyer would pay the freight after the goods were delivered, and Master Liu also recognized this agreement when receiving the goods. I don’t know why he suddenly changed his mind and came to ask her for the freight, and it was before the buyer received the goods.

On October 20, Ms. Zheng reported the situation to the police in Qingshen County, Sichuan Province. She said that the police contacted Master Liu, who promised to deliver the goods to the customer two hours after receiving the freight, and said that the goods are now located in Mawei District, Fuzhou. She asked Master Liu to shoot the video near Mawei District and the current situation of furniture, but the other party only sent photos of the furniture on the truck. No photos or videos were sent to prove that he had arrived in Mawei District.

Ms. Zheng said that after hearing that the goods had arrived in Mawei District of Fuzhou, the Fuzhou consignee also drove to the address provided by Master Liu to look for it, but it was not found. After repeated negotiations failed, on the 22nd, Master Liu blacked her out, and she could only report the situation to the platform of Yun Man Man, but the platform said that Master Liu could not be contacted. Ms. Zheng said that she complained to the Yunman platform many times, and the platform finally contacted her, saying that she could not contact this person and asked her to report (call the police).

Ms. Zheng said that the driver and the goods have disappeared for several days, and the customers have been urging. She felt that the goods could not be found for the time being, so she worked overtime to organize materials and prepared to re-produce a batch of compensation to customers. "I was so anxious that I couldn’t sleep for a few days, because it was a handmade product with complicated technological process that I couldn’t do it well in half a month."

Ms. Zheng said that on October 24, a special freight line called to indicate that the goods had been delivered to Fuzhou, but the buyer said that he had not received the goods. It was not until the 26th that the buyer sent a message that he had received the goods. But by this time, all the materials they reorganized had been put in place and cut out.

The buyer then sent photos of damaged furniture, but didn’t say a word to her. Ms. Zheng said that she thought this customer must have offended, but fortunately, the other party did not ask for a full exchange of goods, which made her breathe a sigh of relief, at least the loss was much smaller. She hasn’t decided what to do with this batch of materials worth more than 20 thousand.

Ms. Zheng believes that the full platform should bear some responsibility for this.

On October 26th, The Paper tried to contact Yunmanman platform for many times, but all the people who answered the phone were intelligent voice services. After booking the artificial service, the people who called back were still intelligent voice. The Paper tried many times, and found that the intelligent voice service system of this platform could not answer related questions at all. Ms. Zheng provided The Paper with the phone number used by the platform to contact her, but the call back was still intelligent voice.

According to public information, Yunmanman was established in 2013 and belongs to Jiangsu Manyun Software Technology Co., Ltd., which is a domestic freight dispatching platform based on cloud computing, big data, mobile Internet and artificial intelligence technology.

[General Secretary’s Concern] The disaster area that was once the Wenchuan earthquake for ten years is now full of new changes.

　　Beijing, May 12 (Reporter Wang Yiqun) According to the Voice of China News and Newspaper Summary, today marks the 10th anniversary of the Wenchuan earthquake. Ten years ago, the supreme leader of the CPC The Politburo Standing Committee (PSC) and Vice President braved aftershocks and went to the disaster area to visit the affected people. Before the Spring Festival this year, the Supreme Leader General Secretary once again returned to Wenchuan to visit the masses and inspect the post-disaster reconstruction work. What changes have taken place in the place where the General Secretary of the Supreme Leader has been concerned for ten years? In the process of implementing the important instructions of the General Secretary on post-disaster reconstruction, what experience has the local authorities accumulated?

　　The Supreme Leader visited Yingxiu Town, Wenchuan County, Aba Tibetan and Qiang Autonomous Prefecture to express condolences to the masses. Xinhua News Agency reporter Ju Peng photo

　　Post-disaster reconstruction and development has always been a concern of the Supreme Leader General Secretary. On the eve of the Spring Festival this year, the General Secretary visited Yingxiu Town, Wenchuan County, Aba Prefecture, and visited the local people. Seeing that the people live a happy and healthy life, the Supreme Leader said: "I am very concerned about this place. I am also very pleased with the changes that have taken place in the past ten years."

　　Under the strong leadership of the CPC Central Committee, with the support of all the people of the whole country and the people in the disaster-stricken areas, the mountains and rivers here have been reorganized in ten years. Today, the annual GDP of 39 hardest-hit counties is three times that of ten years ago. Based on the long-term and ecological restoration, Shuimo Town of Wenchuan County embarked on the development model of agriculture+tourism after the earthquake, which swelled the people’s money bags.

　　Shu Daifu, a villager in the old village of Shuimo Town: The income has increased 10 times, and now he earns 200,000 to 300,000 a year.

　　Yang Yigui, director of Loufangping Village, qushan town, Beichuan County, recalled that one year after the disaster, everyone moved into resettlement houses, and received subsidies for rural reconstruction and interest-free loans. In the past ten years, the new life has become more and more interesting.

　　Yang Yigui: In recent years, we have developed loquat, wild kiwifruit planted in the mountains, beekeeping and Gao Qiao.

　　Today’s Beichuan has a beautiful environment, livable ecology and safe schools. In the New Beichuan Middle School, which was reborn in the ruins, the eight characters "Be grateful to your heart and repay your deeds" above the blackboard in the classroom are very eye-catching.

　　Song bo, then head teacher of Class 2, Grade 1: Let others see that the new Beichuan Middle School is not only a well-built teaching building, but also a positive and optimistic spirit of teachers and students.

　　When the supreme leader visited Yingxiu Town, Wenchuan County, Aba Tibetan and Qiang Autonomous Prefecture, he ground tofu pudding with the residents. Xinhua News Agency reporter Ju Peng photo

　　Since the 18th National Congress of the Communist Party of China, General Secretary of the Supreme Leader has made important instructions on post-disaster reconstruction for many times. On the eve of the Spring Festival this year, General Secretary of the Supreme Leader told the villagers during his inspection tour in Wenchuan that he would continue to revitalize the countryside after achieving food and clothing and a well-off society in an all-round way.

　　Supreme Leader: The development of rural areas is not only industrial development, but also material civilization, spiritual civilization and cultural life.

　　Xie Pu, deputy head of Beichuan County, said that Beichuan County will gradually develop rural revitalization planning from three aspects: production, life and ecology, focusing on developing tourism economy.

　　Shep: Now our county’s tourism development is quite good, with farmhouse music and folk reception. Now there are tens of thousands of people eating tourist meals.

　　After ten years of nirvana, the recovery and reconstruction after the Wenchuan earthquake have achieved historic achievements and provided valuable experience.

　　Zheng Gongcheng, Deputy Director of the Expert Committee of the National Disaster Reduction Committee: This decade has also brought us an enlightenment, that is, in the process of reconstruction, we should consider it more based on the long-term development of the disaster-stricken areas, which was not available in the past.

The State Administration of Radio, Film and Television (SARFT) can’t use this kind of artists! These contents can’t be broadcast!

　　BEIJING, March 17 (Reporter Song Yusheng) On March 16, the State Administration of Radio and Television published the People’s Republic of China (PRC) Radio and Television Law (Draft for Comment) in official website. Among them, it is planned to stipulate the protection of minors, limit the remuneration standards of inferior artists and program creators, and clarify the punishment measures.

　　Legislation under the background of media integration

　　"With the deepening of media integration, all-media communication has become the mainstream trend, and institutions such as media integration centers have become the start-up institutions of radio and television services. The management system based on the approval of the establishment of radio stations and television stations set by the current Regulations on Radio and Television Management is no longer suitable for this new development and management demand."

　　The Explanation of People’s Republic of China (PRC) Radio and Television Law (Draft for Comment) emphasizes that at present, it is urgent to do a good job in the top-level design of radio and television management system from the legal level according to the characteristics of the all-media era.

　　At the same time, the above explanation points out that there are long-standing problems in the field of radio and television, such as the absence of basic legislation and the lack of basis for formulating laws and regulations, and the construction of the rule of law in the industry lags behind the actual needs of the industry development.

　　With the opening of some services such as radio and television program production to the society, especially the rapid development of new radio and television services such as network audio-visual in recent years, there are more and more practitioners and employees, and the participation of the masses and social attention are getting higher and higher. It is urgent for radio and television management departments to further improve their administrative ability according to law, and it is urgent to gradually establish a complete radio and television legal system through legislation at the national level to form a new pattern of good laws and good governance. In this regard, all walks of life and all kinds of radio and television institutions at all levels have a high voice.

　　Clear negative list

　　The exposure draft is divided into general rules, business access, production and broadcasting, transmission coverage, public services, support and promotion, security, supervision and management, legal responsibilities and supplementary provisions, with a total of 10 chapters and 80 articles.

　　The exposure draft lists nine contents that radio and television programs are not allowed to contain.

　　These include: violating the basic principles set by the Constitution, inciting resistance or undermining the implementation of the Constitution, laws and regulations, distorting and denying the advanced socialist culture; Endangering national unity, sovereignty and territorial integrity, revealing state secrets, endangering national security, damaging national dignity, honor and interests, and propagating terrorism and extremism; Defaming Chinese excellent traditional culture, inciting national hatred and discrimination, infringing on national customs and habits, distorting national history or national historical figures, hurting national feelings and undermining national unity; Distort, vilify, blaspheme and deny revolutionary culture, heroic deeds and spirit; Violate the national religious policy and propagate cults and superstitions; Endangering social morality, disrupting social order, undermining social stability, spreading false information, promoting obscenity, gambling, drug abuse, exaggerating violence and terror, instigating crimes or teaching criminal methods, and promoting discrimination on the grounds of race, nationality, region, sex, occupation, physical and mental defects, etc.

　　It also includes infringing on the legitimate rights and interests of minors or endangering their physical and mental health, which is not conducive to minors to establish a correct world outlook, outlook on life and values; Insult, slander others or spread others’ privacy, resulting in adverse social impact and other contents prohibited by laws and administrative regulations.

　　Respond to hot topics

　　In addition, the exposure draft also involves some hot topics of public concern.

　　For example, it is proposed to stipulate measures to protect minors: radio and television program integrated broadcasting institutions should establish and improve mechanisms such as minors’ protection commissioners and minors’ program evaluation committees by setting up special channels for minors, special time slots for minors, special areas for minors’ programs, and models for minors, so as to prevent the commercialization, adult and excessive entertainment of minors’ programs and protect the legitimate rights and interests of minors.

　　It also requires that radio and television programs contain contents that may affect the physical and mental health of minors, and the integrated broadcasting institutions of radio and television programs should prompt them in a significant way and reasonably arrange the broadcasting time and layout.

　　The exposure draft also intends to make requirements for advertisements: radio and television institutions should play commercial advertisements and public service advertisements in accordance with laws, regulations and relevant state regulations.

　　As for the program creators, it is proposed in the draft for comment that the remuneration standard and allocation ratio of the program creators should comply with the regulations of the competent department of radio and television in the State Council and other relevant departments. If the main creators of radio and television programs have adverse social impact due to violation of relevant laws and regulations, the competent department of radio and television in the State Council may impose necessary restrictions on the broadcasting of relevant programs.

　　For programs uploaded by users, user comments, etc., the draft for comment is intended to stipulate that if a radio and television program integrated broadcasting institution provides users with programs uploading, comments and other services, it shall require users to provide true identity information, and assume management responsibilities such as auditing according to the requirements of the competent department of radio and television in the State Council.

　　Clear punishment measures

　　The exposure draft also clarifies the legal liability for violations.

　　For example, if a TV series is not recorded, the competent department of radio and television of the people’s government at or above the county level shall order it to stop illegal activities, give it a warning and impose a fine of not less than 10,000 yuan but not more than 50,000 yuan in informed criticism; If the circumstances are serious, a fine of not less than 50 thousand yuan but not more than 200 thousand yuan shall be imposed.

　　If the production of radio and television programs does not meet the requirements of the state on the remuneration standard and allocation ratio of creative personnel, the illegal income shall be confiscated and a fine of not less than one time but not more than five times the illegal income shall be imposed in addition to being ordered to stop illegal activities and clear the contents of relevant programs; If the total investment or illegal income is less than 200,000 yuan, a fine of not less than 200,000 yuan but not more than 1 million yuan shall be imposed.

　　Those who fail to restrict the broadcasting of radio and television programs with the participation of creative people who have adverse social impact in accordance with the requirements of the competent radio and television departments will also be ordered to stop illegal activities, be given a warning and be allowed to informed criticism, confiscate their illegal income and impose a fine of more than one time but less than five times their illegal income; If there is no illegal income or the illegal income is less than 200,000 yuan, a fine of more than 200,000 yuan and less than 1 million yuan shall be imposed.

　　Before the broadcast of the radio and television program, the contents of the program that may affect the physical and mental health of minors are not prompted in a significant way; If an integrated broadcasting organization of radio and television programs provides users with services such as uploading and commenting programs, and fails to require users to provide true identity information, or provides related services to users who do not provide true identity information, the competent department of radio and television of the people’s government at or above the county level will be punished in accordance with relevant laws, administrative regulations and relevant provisions of the state.

　　Network drama into management

　　It is worth noting that the supplementary provisions of the exposure draft show that online audio-visual programs and online dramas are also included in the management of this law.

　　It is clear in the supplementary provisions that radio and television programs refer to video, audio and other audio-visual programs, including radio programs, television programs and online audio-visual programs, which are transmitted to the public in a one-way and interactive way through fixed and mobile terminals.

　　Tv dramas in radio and television programs refer to TV and online dramas, including TV dramas, TV cartoons, TV movies, TV documentaries, online dramas, online cartoons, online movies and online documentaries.

　　The integrated broadcasting organization of radio and television programs refers to the organization that integrates and provides broadcasting services for radio and television programs to the public, including radio stations, television stations, media integration centers, network audio-visual programs, public audio-visual carrier broadcasting organizations and integrated operating organizations, radio and television pay channel operating organizations and integrated operating organizations, radio and television video-on-demand service organizations, radio and television stations and other organizations engaged in integrated broadcasting activities of radio and television programs.

Stop, call the police, does ＂Liziqi＂ still belong to Liziqi？

Text/Meng Qian

On September 23rd, Li Ziqi unexpectedly appeared at the mass gathering of the 2021 China Farmers Harvest Festival (Sichuan) and was hired as the ambassador of Sichuan farming culture. On that day, Li Ziqi wore a black shirt on her upper body and jeans on her lower body, and walked onto the podium with sleeves rolled up. Her face looked a bit serious.

She said at the scene: "In the past, it was more about building our own small homes and small courtyards. In the future, we will focus more on the new countryside of China that is sustainable, sustainable, scalable, replicable and spreadable, and better promote Sichuan’s long-standing farming culture to the world."

In fact, after Li Ziqi updated the video of "Well Salt" on July 14th, his accounts on various platforms fell into a long pause. As the top online celebrity in China, Liziqi has 27.56 million fans in Weibo, 54.94 million fans in Tik Tok, 10.29 million fans in Aauto Quicker and 7.29 million fans in bilibili. Overseas, there are more than 15 million fans in YouTube and more than 100 million fans in the world. After the stop, the business impact was huge. Except for the urging of fans, all kinds of rumors about her never stopped.

What happened to Li Ziqi? From "cheating in the name of Li Ziqi" to "the team was dug up and the trademark was fraudulently used", there are also disputes with the incubator behind it, Hangzhou Weinian. As of press time, Hangzhou Weinian told China Newsweek that there was no formal response to this matter, and Li Ziqi did not make a substantive explanation. Only his assistant revealed on September 13th that Li Ziqi was temporarily sorting out problems between the company and third-party companies.

However, Li Zikai himself deleted "It’s terrible! Capital is really a good means! " Reply, and go to the police to report to the police, has pushed the top stream into the whirlpool of public opinion. A battle between top online celebrity and capital seems to be on.

Li Ziqi’s struggle?

Ziqi is happy, we have been standing behind you to support you and defeat the capital. Even if Laoqi can’t be called Laoqi in the future, we will be there wherever she is. Anyway, we only recognize Laoqi … Laoqi is the nickname of short video blogger Li Ziqi’s fans.

In the past Mid-Autumn Festival, Li Ziqi’s fans were worried about her. The video stopped for two months, and no one knows what happened to the top stream with as many as 100 million fans around the world. When Li Ziqi’s assistant sent photos of her playing in the amusement park, fans sent their blessings and expressed their support for her. In fact, during the period when Li Ziqi stopped working, all parties kept their mouths shut.

Li Zikai herself is regarded as the representative of pastoral IP. Judging from her experience and voice in the media, she has a consistent attitude towards the meticulous creation of her own IP, which is one of the reasons why she can maintain her influence.

Li Ziqi, whose real name is Li Jiajia, divorced her parents when she was a child, and then her father died young and was abused by her stepmother. After returning to her grandparents’ side, she learned a lot about cooking skills with her grandfather who worked as a country cook. When his grandfather died, she read the fifth grade of primary school. After she was 14 years old, she began to go out to work, worked as a waiter and slept in the wind.

After working for several years, she found a master to learn music and went to a bar to play CDs. After her grandmother fell ill in 2012, she went back to her hometown to take care of her grandmother and opened a Taobao shop to sell clothes. At the suggestion of her younger brother, she began to send her videos online. In the past, the accumulation of cooking and farming in her hometown created an idyllic version of Li Ziqi. In 2016, Li Ziqi went to Lanzhou to learn from her teacher for a month, and the short video "Lanzhou Beef Noodles" released was popular, with the total broadcast volume exceeding 50 million. At this time, a Mr. L frequently sent a private letter, saying that he liked her video and could help. The two also reached relevant cooperation. At first, Li Jiajia was responsible for content production and micro-reading provided promotion services.

This mysterious Mr. L has also become Li Ziqi’s Bole. He is Liu Tongming, the founder of online celebrity brokerage agency Micro-reading Technology.

Since then, Li Ziqi has become more and more influential, and dozens of advertisers find her every day. In July 2017, Li Ziqi and Hangzhou Weinian Technology Co., Ltd. jointly established Sichuan Ziqi Culture Communication Co., Ltd.

Li Ziqi’s career is getting more and more prosperous from the outside world. No matter at home or abroad, Li Zikai has gained word of mouth and traffic. With the video content such as national cuisine, she has been labeled as a cultural output, and has been called "mysterious power from the East" by overseas netizens, and has been affirmed and praised by mainstream media.

In August 2018, Liziqi Tmall flagship store was officially opened. According to the report "The Most Growing New Consumer Brand in China in 2021" released by Dolphin Think Tank, Liziqi brand’s sales in 2020 reached 1.6 billion yuan, and the number of fans in Tmall store reached 6.33 million. The explosive products of Liziqi brand were born one after another. In 2020, it sold 500 million plums and snail powder alone.

By 2021, Liziqi has become one of the top streams, and the company behind her, Hangzhou Weinian, has also completed seven rounds of financing, including ByteDance, Huaying Capital and Sina Weibo, with a valuation of 5 billion. At this time, Li Ziqi’s stop and alarm were really surprising. On August 30th, Li Zikai first called it "disgusting, can’t bear it so soon" on the social platform, and then she also called it "reporting a police" and replied to the netizen "It’s terrible! Capital is really a good means! " .

In the second half of the month, rumors about the contradiction between Li Ziqi and the capital came out noisily, and various hot events accompanied with the brand of Li Ziqi also emerged endlessly. For example, a supermarket in Yibin, Sichuan used the logo of "Li Ziqi" for products other than the company without authorization and sold and publicized it at a high price. It was even rumored that a male star dug up all Li Ziqi’s team and began to make pastoral videos. More importantly, Weibo Da V broke the news that "Li Ziqi was caught in an equity dispute with capital, and her current situation was far worse than everyone imagined.

Li Ziqi is related to Weibo. Figure/Weibo screenshot

A senior entertainment observer who did not want to be named said that stopping the video may have become a hint. This hint seems to be a kind of struggle. As the source of Li Ziqi’s IP, video suspension will have a huge impact on Li Ziqi and the team behind him, on the one hand, the loss of business income, on the other hand, the risk of brand and public opinion.

The entanglement between online celebrity and capital is difficult to solve.

In this stop-watch incident, many fans of Li Ziqi pointed their finger at Wei Nian. In all kinds of chat screenshots and media reports, the contradiction between Li Ziqi and Wei Nian was put on the table. In the equity distribution of Sichuan Ziqi Culture Communication Co., Ltd., a joint venture between them, Li Ziqi only holds 49% of the shares, and the other 51% of the shares belong to Hangzhou Wei Nian Company.

Enterprise survey data shows that Li Ziqi himself does not hold shares in Hangzhou Weinian. The largest shareholder of Hangzhou Weinian is Liu Tongming, the founder of Weinian, with a shareholding ratio of about 19.45%. In addition, there are more than 20 shareholders, including Beijing Weimeng Chuangke Venture Capital Management Co., Ltd. (Sina Weibo Fund), Huaying Capital, Chenhai Capital, ByteDance and other investment institutions.

Weibo user "My Shopkeeper" revealed that the number of participants in Sichuan Ziqi Culture Communication Co., Ltd. is 0, and that in Hangzhou Weinian is 504, which means that the company may be a shell company, and the operation and commercialization of Liziqi brand is basically responsible for Weinian, and provided relevant clues to China Newsweek.

Information on the number of participants in enterprises. Figure/enterprise check

The search of intellectual property rights related to Liziqi through enterprise investigation basically confirms the above-mentioned people’s statement. Most of Liziqi trademarks are held by Sichuan Ziqi Culture Communication Co., Ltd., and many trademarks about Liziqi in Hangzhou Micro-read are in the process of registration application. Most of the copyrights held by Hangzhou Weinian are snail powder jointly signed by Li Ziqi and People’s Daily, lotus root powder jointly signed by icehouse in the Forbidden City, and intellectual property rights related to Li Ziqi’s e-commerce products such as Li Ziqi’s beef sauce and Li Ziqi’s sausage packaging.

Li Ziqi trademark and copyright information. Figure/enterprise check

Dai Yueqiang, a lawyer of Beijing Ante Law Firm, said that this means that the core intellectual property related to Liziqi’s e-commerce business belongs to the micro-thinking side, and most of the trademarks of Liziqi brand belong to Sichuan Ziqi Culture Communication Co., Ltd., which has weak control over Liziqi. If the company has relevant articles of association, it should make decisions according to the articles of association; If there is no articles of association, it is the major shareholder who has one-vote veto power to make the final decision, and the decision-making power is likely to belong to micro-thinking. When Li Ziqi replied to a netizen, he revealed that he had asked a lawyer to deposit a certificate. If there was an oral agreement and it was confirmed by a third-party witness, Dai Yueqiang said that this might be able to identify part of Li Ziqi’s rights and interests in the company.

It is worth noting that in 2021, Li Ziqi’s two copyrights involved her two works, Snacks for Spring Festival in 2021 and Life of Radish. According to the investigation, the works created in a similar way of making movies were applied by the copyright owner Li Jiajia, but there was no personal application before. Dai Yueqiang said that this showed that she was concerned about the ownership of intellectual property rights.

Back in August, 2020, Liziqi brand officially announced that it would invest and build a factory in Liuzhou to promote the research and development of snail powder taste, quality traceability and raw material quality control. Enterprise search APP shows that Guangxi Xingliu Food Co., Ltd., which holds 70% of Hangzhou Weinian shares, was established in July last year, Hangzhou Chuangliu Food Co., Ltd. holds 30% of the shares, and Li Zikai is also not among the shareholders. Industrial and commercial registration, the flagship store of Liziqi Tmall, is also a micro-reading in Hangzhou.

Only two companies that Li Ziqi holds shares can be verified, namely Sichuan Ziqi Culture Communication Co., Ltd., which holds 49% of the shares, and Shanghai Chenxiangli Creative Planning Studio, which holds 100% of the shares. The above contents all point to online rumors that "Li Zikai has no substantial control over Li Zikai’s e-commerce brand".

The relationship between Li Ziqi and the company behind him is actually very complicated. In the early stage of Li Ziqi’s development, micro-thinking gave strong support, and both of them also experienced the "honeymoon period". In May 2017, Li Zikai was questioned that there was a team behind her, and the video was untrue. She couldn’t bear the pressure of harassment and public opinion, and then stopped. In this storm, she released a video that lasted for more than half an hour, confessing that the video was basically done by her alone. At the same time, she also went to the usual choice of the red man, and chose to cooperate more deeply with MCN organization Hangzhou Micro-Reading, and jointly established a joint venture company.

From 2017 to now, Li Zikai has become a big hit, and has produced unrepeatable influence at home and abroad. These are naturally inseparable from the power of capital. The above-mentioned observers told China Newsweek that incubating an IP is a long process and requires a professional division of labor. Many people didn’t think it could be done at first, and Li Ziqi may be the same. His popularity overseas is even more subtle.

Due to the growing influence of Li Zikai, Hangzhou Micro-Reading has also completed its transformation in the past few years, with a valuation of 5 billion. According to industry insiders, the investors’ investments are all focused on the value of Li Ziqi’s IP.

The above-mentioned observers told China Newsweek that in the relationship between Redskins and MCN institutions, institutions play a very strong role as incubators, unless Redskins themselves participate in the company’s decision-making management, but non-head Redskins basically do not have this ability. Viya, Li Jiaqi and Luo Yonghao, the top celebrities, basically started their own companies or became company partners to ensure their own rights and interests.

"The Li Zikai incident may depend on the fact that the early agreement between the red man and the organization was not solid at first, and it may not be updated during the operation." The observer added, "The key lies in the difference between Liziqi and other anchors with goods. Liziqi is commercialized after the content is made, while Viya, Li Jiaqi and others form the content IP after the goods are brought. The former is difficult to quantify, while the latter can see the output. Li Zikai’s filming of a video itself has no commercial value. After the micro-reading operation, the commercial value has increased greatly. If the e-commerce brand of Li Zikai is separated from the operation of Li Zikai, Li Zikai himself has no right to speak in actual operation. "

Li Chengdong, the founder of the Dolphin Think Tank, thinks that Micro-thoughts cooperated with Li Ziqi when there were only 10,000 fans in Weibo, and it was in a very early stage. There was also a clear division of labor in the agreement, with Li Ziqi doing content and Micro-thoughts doing commercialization. "The main change in this matter may still be Li Zikai himself, with new demands." Li chengdong said that Li Zikai did not participate in the commercial operation of the brand.

You may have to resort to law in the end.

Since the rise of "online celebrity Economy", MCN institutions have mushroomed. Relevant data show that there are as many as 20,000 MCN institutions in China in 2020, covering about 90% of online celebrity in China. However, the incubation success probability of MCN institutions is very low. Zhang Shule, an industry veteran, said that 90% of MCN institutions are not even qualified to accompany them, so the core IP is more important.

"How many plums can there be?" The above-mentioned observers think that it is a good thing for Li Ziqi to take the initiative to tell this kind of thing. "Not everyone has the opportunity and pattern of Viya or Li Jiaqi. Brand control and revenue sharing are two different things, which involves a matter of accounting. If it is unclear, it may be solved by law. "

Previously, there was a dispute between the red man and MCN organization in online celebrity industry. "Lynne", who shot Wuhan vlog during the epidemic period and became popular, accused his MCN organization of forcing him to send commercial promotion videos during the epidemic period, and used huge compensation as a threat to restrict him from finding another way out. This incident also attracted the attention of people in online celebrity industry. In the end, Lynne also relied on legal means to solve it.

Dai Yueqiang pointed out that in the real business concept, the essence of IP is an intangible asset with its own original content, obvious personal characteristics and commercial value. online celebrity is its main representative and characteristic, and it is a new existence of commercial development. Its originator comes from the concept of Intellectual Property in law, that is, the rights of intellectual creators, which involves civil rights, including trademark rights, patents, copyrights, trade secrets, packaging and decoration of well-known products, etc., and it is mainly up to both parties to agree on relevant terms.

At present, the contradiction of Li Ziqi incident focuses on the ownership of intellectual property rights such as trademarks and copyrights between Li Ziqi and the capital. Dai Yueqiang said, "In the Li Ziqi incident, the ownership of trademark rights is involved. One of the legal functions of trademark rights is identification. Whoever applies for a trademark belongs to it. If Li Ziqi goes to court, the trademark right is close to his personality characteristics, and it is possible to get the right to use it through relevant judgment, but it will also pay a corresponding price. In this respect, we can learn from the previous’ red can dispute’ between Guangyao Wang Laoji and Jiaduobao, and both parties can jointly enjoy the rights and interests of the packaging and decoration of "red can Wang Laoji herbal tea" without harming the legitimate interests of others. "

"As a online celebrity, it is an objective existence of new retail commercialization, an important intangible asset with popularity and goodwill value. At the same time, online celebrity is a sales supported by personal popularity and reputation, and a new commercial expression to identify goodwill." Dai Yueqiang pointed out that the issue of goodwill right was also reflected in the Li Ziqi incident. Generally speaking, it reflected the investment and dedication of relevant operators. The contribution of Li Ziqi and Wei Nian to the brand may need to be judged by law.

The above-mentioned observers affirmed that there is nothing wrong with the operation idea of micro-reading objectively, because when the IP was first hatched, it was difficult for the red man to manage and expand, and the industry was chaotic and disorderly. Because of the management of IP, it may be stronger in terms of terms. "For Li Ziqi himself, it is a little unfair to have no brand control. After all, it is a personal brand. As the source of Liziqi brand, Liziqi can only be controlled by protecting his face and trying. "

With the growing economic development in online celebrity, related disputes and disputes in this industry have attracted more and more attention. The publicity of Li Zikai’s contradiction with the capital side may also sound the alarm for the industry. Dai Yueqiang believes that in relevant agreements and terms, the development of red people should be constrained according to their own characteristics. With the change of development stage, the division of red people and institutions can be adjusted. "In this process, it is also a game. If the performance is improved to the corresponding personnel’s shares, it may be more appropriate. However, some people pay more and get less. At this time, resorting to the court will judge according to the actual situation. The principle of fairness and the system of balancing interests should be the main basis for resolving disputes. "

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Manatee II successfully drilled 231 meters in water over 2000 meters to set a new world record.

　　Successfully drilled 231 meters in water depth exceeding 2000 meters, setting a new world record.

　　Deep-sea drilling, "Manatee II" is a real cow (scientific and technological point of view)

　　Yu Sinan Tang Yahui

　　Deep-sea mineral resources are abundant. To discover and study them, samples need to be obtained through underwater drilling. Among various sampling methods, submarine drilling rig has become a popular high-tech equipment because of its advantages of low drilling cost, high efficiency, small sample disturbance and easy operation.

　　Not long ago, China’s self-developed "Manatee II" deep-hole pressure-maintaining coring rig system successfully lowered 231 meters in deep water over 2000 meters, setting a new world record for deep-sea subsea rigs, marking China’s leading level in this field.

　　It looks heavy, but in fact it is extraordinary.

　　Drilling below 200 meters means that China has the exploration ability of full coverage of marine resources in theory.

　　Manatee II was developed by Wan Buyan, a professor at Hunan University of Science and Technology. Wan Buyan introduced that "Manatee II" consists of a submarine drilling rig body, a submarine in-situ detector and a mobile submarine drilling rig supporting retraction system. "Among them, the drilling rig body is an orange-yellow octagonal steel structure with a height of 7.6 meters. ‘ Waist circumference ’ It is 10 meters and weighs 12 tons. It is currently the heaviest geological exploration scientific research equipment in China. "

　　The seemingly bulky "Manatee II" is flexible when working on the seabed. Its "weapon" is 78 drill pipes, each 3 meters long, arranged on the disk like a revolver bullet. During operation, through the rotation of the disc, the manipulator takes the rod and loads it, and drills the drill pipe into the rock stratum one by one.

　　The drill bit is equivalent to the horn of "Manatee II" and is made of materials such as diamond and cemented carbide. Researchers have designed different kinds of drill bits, some for hard rock strata and some for sedimentary rock soft rock strata.

　　Manatee II set a new world record on April 7th. Wan Buyan told reporters that on the same day, after about two and a half hours of diving, "Manatee II" reached the seabed with a water depth of 2,060 meters. After completing the attitude adjustment, Manatee II immediately started pressure-maintaining coring drilling in the target layer. About 15 hours later, the depth of the drilling hole reached 231 meters underground.

　　In addition to drilling deep, Manatee II also has a unique stunt — — Pressure maintaining and coring. This is the key to explore some seabed minerals such as combustible ice. According to Wan Buyan, under seawater pressure, combustible ice is "ice"-like. Once it leaves its suitable seawater depth, it will become gas volatile due to pressure reduction. Therefore, the common deep-sea drilling rig can’t sample combustible ice, and it can only do so if the pressure of the seabed formation is kept equal.

　　Previously, the maximum drilling depth design capacity of the global subsea drilling rig was 200m, but the actual pressure-keeping coring operation only reached 135m, and "Manatee II" greatly refreshed this record.

　　Through drilling sampling analysis, we can understand the mineral reserves, grade and burial form, and draw a "treasure map" for future mining. "The deeper you drill, the more resources you can explore." Wan Buyan said that the marine mineral resources with commercial exploitation potential discovered by human beings are basically within 200 meters of the seabed. Drilling below 200 meters means that China has the exploration ability of full coverage of marine resources in theory.

　　According to the United Nations Convention on the Law of the Sea, the resources on the high seas are shared by all mankind, and the right to exploit resources generally follows the rule that whoever explores gives priority. Experts in the industry said that "Manatee II" is a "sword" for deep-sea drilling in China, and its sheath has given China an extra technical advantage in the research and development of seabed solid mineral resources.

　　Overcome multiple technical problems

　　All key technologies are independently developed, and 125 patents have been obtained so far.

　　The deep sea pressure is high and the temperature is low. It is very difficult for "Manatee II" to successfully realize a series of operations such as drilling rig retraction, attitude adjustment, pressure sealing, drill pipe and core pipe unloading, automatic measurement and control, etc. in a complex environment.

　　According to Wan Buyan, "Manatee II" has mainly overcome the technical problems such as full-range pressure-keeping rope coring, drill pipe storage and rapid loading and unloading, intelligent and expert operation system, safe and reliable lowering and recovery of submarine drilling rig.

　　In the drilling process, it is not difficult to maintain pressure and core in a certain section, but it is difficult to maintain pressure in the whole process. In order to solve this problem, researchers have been tackling key problems for many years. Through remote control of full-hole pressure-maintaining rope coring with large hole depth, the original principle, technology and process of full-length direct sealing and pressure-maintaining coring of core tube have been adopted, and finally the high-efficiency and high-reliability full-hole pressure-maintaining coring with small diameter and large hole depth of submarine drilling rig has been realized.

　　Wan Buyan said that "Manatee II" is "smart". Researchers have tailored a lot of sensor equipment for it. These sensors combine the team’s many years of offshore field drilling experience. At the bottom of the sea, the drill bit will quickly and automatically judge and adaptively adjust the drilling mode and parameters according to the formation characteristics, which solves the adaptability problem of the submarine drilling rig and the matching coring technology to the complex seabed formation, thus greatly improving the drilling efficiency, coring rate and coring quality.

　　Thanks to the automatic and intelligent design, one person can complete the operation of "Manatee II" on the mother ship. At the same time of drilling and coring, "Manatee II" can also do "part-time work": in-situ detecting the resistivity and porosity of rocks, taking pictures of rocks around the hole, etc.

　　In the design and technology of the retractable device of the subsea drilling rig, the team solved the problem that the alignment and closeness of the subsea drilling rig and the retractable device are difficult and prone to impact and collision due to the swaying of the mother ship, and realized the functions of automatically correcting the retractable orientation of the subsea drilling rig in water and automatically holding the subsea drilling rig tightly during the vertical overturning process, thus improving the retractable efficiency of the subsea drilling rig and the safety and reliability of the retractable process.

　　It is worth mentioning that all key technologies of "Manatee II" are independently researched and developed, and 125 patents have been obtained at present.

　　The development of "Manatee II" is based on the project of "Deep Sea Key Technology and Equipment Special Project", a national key R&D plan in China. For "Manatee II", the task book has three major objectives, namely, the working water depth is not less than 2,000m, the drilling depth is not less than 200m, and the pressure holding success rate is not less than 60%. To Wan Buyan’s delight, this sea trial fully verified the design performance of "Manatee II" and achieved the mission objectives beyond expectations.

　　Will continue to optimize in the future.

　　Challenging geological drilling sampling in 10,000-meter water depth is the team’s next goal.

　　"Manatee II" was not born, but the result of persistent and continuous research and development for more than 20 years. In 2000, Wan Buyan’s team began to develop deep-sea drilling rigs. Three years later, the team made the first deep-sea shallow core sampling rig in China, and drilled 0.7 meters under the seabed to obtain the first core sample.

　　In 2010, the deep-sea deep-hole core sampling rig developed by this team pushed the seabed drilling depth to 20 meters. In 2012, the predecessor of Manatee II — — The manatee development project was officially launched. In 2015, the Manatee drilled 60 meters under 3,000 meters of sea water. As a result, China has become the fourth country in the world to have the technology to drill 60 meters in the seabed with a water depth greater than 3000 meters.

　　Nowadays, many marine scientific research vessels in China are equipped with patented equipment invented by Wan Buyan’s team, and more than 1,000 holes have been drilled in the deep sea.

　　The development of subsea drilling rig is closely related to the exploration process of seabed resources in China. Wan Buyan told reporters that before 1999, China was unable to develop large-scale deep-sea electromechanical equipment, so it had to rent equipment from abroad. Later, China decided to independently develop deep-sea drilling equipment. Wan Buyan’s team took up the task despite difficulties. They started almost from scratch, constantly groping and bravely tackling key problems.

　　In recent years, China has paid more and more attention to the research and development of marine technology and equipment. Deep-sea seabed drilling technology has strong radiation to other deep-sea equipment manufacturing technologies and can drive research and development in related fields. Wan Buyan said that more than 10 years ago, almost all the equipment on the scientific research ship was imported, and now the domestic equipment has reached more than 80%, and this proportion will be higher and higher in the future.

　　Wan Buyan said that the team will further optimize the performance of deep-sea drilling equipment and improve its environmental adaptability, operational performance and intelligence. In addition, they also plan to promote the mass production of "Manatee II" and promote its application in the fields of submarine oil and gas stopes, offshore wind farm construction and engineering geological exploration.

　　At present, "Manatee II" is still working at sea. The Mariana Trench, with a depth of more than 10,000 meters, has not been drilled by humans. "Challenging geological drilling sampling in 10,000-meter water depth is our team’s next goal." Wan Buyan said.

The supreme leader talks about how to make cadres feel alert on thin ice.

　　The Sixth Plenary Session of the 18th Central Committee of communist party, China will be held in Beijing from October 24th to 27th. At that time, the plenary session will review the draft document of the Regulations on Inner-Party Supervision in the Communist Party of China (CPC). Inner-party supervision is one of the key measures to keep the party healthy and purify the political ecology. Only by strengthening inner-party supervision, bearing in mind that the right must be responsible and the right to use it is supervised, can we move forward, treat both the symptoms and the root causes, and promote the comprehensive and strict administration of the party. The micro-platform of the Party Construction Network has sorted out some important expositions of the Supreme Leader General Secretary on strengthening inner-party supervision, and studied together!　

　　Why emphasize supervision?

　　The party must be strict.

　　If the party is not well managed and lax, and the outstanding problems within the party that are strongly reflected by the people are not solved, then our party will lose its ruling qualification sooner or later and will inevitably be eliminated by history. To manage the party, we must be strict with the word, implement strict requirements in the whole process, and be really strict, dare to be strict, and be long-term and strict.

　　— — On July 1, 2016, the Supreme Leader’s speech at the celebration of the 95th anniversary of the founding of the Communist Party of China (CPC).　　

　　The more powerful party member cadres are, the more they should be managed and supervised.

　　The more powerful cadres in party member are, the more they are subject to strict management and supervision. It is not enough to touch the tiger’s ass. We should not neglect the selection, employment and management of people. One of the big problems now is that the people who choose people don’t care about people, don’t supervise people, and some party committees don’t care about supervision. When cadres have an accident, they will be handed over to the Commission for Discipline Inspection. This is not acceptable. Party committees should shoulder the main responsibility of building a clean and honest party style, choose and use cadres well, and manage cadres well.

　　— — Speech by the Supreme Leader at the Fifth Plenary Session of the 18th Central Commission for Discipline Inspection on January 13th, 2015　

　　Accountability for supervision and discipline is the fundamental responsibility given to the discipline inspection organs by party constitution.

　　Accountability for supervision and discipline is the fundamental duty entrusted to the discipline inspection organs by party constitution. Disciplinary committees at all levels should identify the functional orientation in the comprehensive and strict administration of the party, strengthen supervision and discipline, and increase accountability. It is necessary to take the opportunity of implementing the Code of Integrity and Self-discipline in the Communist Party of China (CPC) and the Regulations on Disciplinary Actions in the Communist Party of China (CPC), explore and establish an effective mechanism that does not dare to corrupt, cannot corrupt and does not want to corrupt, and provide a strong discipline guarantee for promoting the comprehensive and strict administration of the party and coordinating the promotion of the "four comprehensive" strategic layout.

　　— — On October 8, 2015, the Supreme Leader’s speech at the 119th meeting of the 18th The Politburo Standing Committee (PSC) when deliberating the revised draft of the Communist Party of China (CPC)’s clean government guidelines and disciplinary regulations.

　　The power without supervision will inevitably lead to corruption.

　　It is necessary to strengthen the regular management and supervision of cadres and form strict constraints on cadres. It is an iron law that power without supervision will inevitably lead to corruption. It is not easy to train cadres organizationally. It is necessary to manage and supervise them well, so that they will always be alert to walking on thin ice.

　　— — Speech by the Supreme Leader at the National Organizational Work Conference on June 28, 2013

What is the key content of supervision?

　　Abide by the party’s constitution and other internal laws and regulations, safeguard the authority of the central government, and implement the party’s line, principles and policies, as well as the resolutions, decisions and work arrangements of party organizations at higher levels;

　　Abide by the Constitution and laws, and adhere to the rule of law;

　　The implementation of democratic centralism;

　　Protection of rights in party member;

　　The implementation of the relevant provisions of the party and the state in the selection and appointment of cadres;

　　Close contact with the masses to realize, safeguard and develop the fundamental interests of the people;

　　Integrity and self-discipline and grasping the construction of a clean and honest party style.

How to strengthen supervision

　　Strengthen inner-party supervision and adhere to democratic centralism

　　To strengthen inner-party supervision, we must adhere to, improve and implement democratic centralism, organically combine centralism on the basis of democracy with democracy under centralized guidance, fully mobilize the supervision of superiors to subordinates, among peers and subordinates to superiors, and ensure that inner-party supervision is implemented and effective.

　　— — Speech by the Supreme Leader at the Sixth Plenary Session of the 18th Central Commission for Discipline Inspection on January 12, 2016

　　Strengthen inner-party supervision and do a good job in the top-level design of the supervision system.

　　It is necessary to combine inner-party supervision with state supervision and mass supervision, and coordinate with legal supervision, democratic supervision, audit supervision, judicial supervision and public opinion supervision to form a joint force of supervision and promote the modernization of the national governance system and governance capacity.

　　— — Speech by the Supreme Leader at the Sixth Plenary Session of the 18th Central Commission for Discipline Inspection on January 12, 2016

　　Party organizations at all levels should conscientiously act according to party constitution, strictly regulate the management and supervision of party organizations, party member cadres, especially leading cadres, and inner-party political life, systematize the content, improve the measures, and link up the links so as not to miss people, lack items, or lose links, so that existing problems can be discovered in time, problems found can be solved in time, and a problem can be solved by analogy.

　　— — November 1, 2014 — On the 2 nd, the supreme leader stressed during the investigation in Fujian.

　　Strengthen inner-party supervision and seize the "key minority"

　　Party organizations at all levels should set up more supervision "probes" so that the top leaders can be under the supervision of Party organizations, party member and the masses. The supervision of superiors to subordinates, especially the supervision of superiors to subordinates, is the most useful and effective. Party organizations at higher levels should know more about the daily thinking, work and living conditions of the top leaders at lower levels, pay more attention to the reflection of cadres and the masses on the problems of the top leaders at lower levels, and listen to the opinions of the members of the leading bodies at lower levels on the top leaders. Party member and cadres can supervise the top leaders at party meetings, promotion of cadres, debriefing of leading cadres and other links.

　　— — Speech by the Supreme Leader at the Sixth Plenary Session of the 18th Central Commission for Discipline Inspection on January 12, 2016

　　Strengthen inner-party supervision and implement the "two responsibility"

　　Implement the main responsibility of the party Committee and the supervision responsibility of the discipline inspection commission, and strengthen accountability. A very important aspect of the reform of anti-corruption system and mechanism is to clarify and implement responsibilities. Without accountability, even the best system will become a paper tiger and a scarecrow. The Third Plenary Session of the CPC Central Committee proposed that the Party Committee should take the main responsibility and the Commission for Discipline Inspection should take the supervisory responsibility to implement the responsibility system for building a clean and honest party style.

　　— — Speech by the Supreme Leader at the Third Plenary Session of the 18th Central Commission for Discipline Inspection on January 14th, 2014

　　Strengthen inner-party supervision and play the role of patrolling the sword

　　The greater the power, the more likely it is to appear "black under the lamp." To strengthen inner-party supervision, we must first manage the central and state organs well. The supervision of accredited institutions is an important part of the supervision system of the party and the state. We implement the combination of separate accreditation and comprehensive accreditation to realize the comprehensive accreditation of party and state organs at the central level. The accredited institutions have strengthened supervision and accountability, and the authority of the "faction" and the advantages of "resident" have been significantly enhanced.

　　— — Speech by the Supreme Leader at the Sixth Plenary Session of the 18th Central Commission for Discipline Inspection on January 12, 2016

　　The universality and tendentiousness problems found in inspections should be promptly fed back to the party committees of localities, departments, enterprises and institutions, and the main responsibility should be urged to be implemented, and the system loopholes should be plugged. The main responsible comrades should plant their own fields of responsibility, and it is a serious dereliction of duty not to pay attention to the construction of party style and clean government. The localities, departments and units that are not in place for inspection and rectification should seize the typical examples and be seriously accountable. The rectification situation should be supervised by the party and society in an appropriate way, so as to enhance the confidence of the masses and improve the effectiveness of inspections.

　　— — On January 23, 2014, the Supreme Leader listened to the report of the Central Leading Group for Inspection Work in the second half of 2013 in The Politburo Standing Committee (PSC).

　　Strengthen inner-party supervision and improve the accountability mechanism

　　Adhere to the responsibility to ask, accountability must be strict, and organically combine supervision and inspection, target assessment and accountability to form a strong driving force for the implementation of laws and regulations. The contents, objects, matters, subjects, procedures and methods of accountability should be institutionalized and programmed. Accountability should not only be for things, but also for people, and should be asked about specific people.

　　— — On June 26, 2015, the Supreme Leader’s speech at the 24th collective study in the 18th the Political Bureau of the Central Committee.

　　Strengthening inner-party supervision, discipline inspection and supervision organs should prevent "darkness under the lamp"

　　It is necessary to educate and guide the broad masses of discipline inspection and supervision cadres to dare to take responsibility, dare to supervise and dare to be responsible, firmly establish political beliefs loyal to the party and the cause of discipline inspection and supervision, and strive to become a loyal, clean and responsible discipline inspection and supervision team. Discipline inspection and supervision organs should prevent "black under the lamp", seriously deal with outstanding problems such as seeking personal gains by cases, colluding with others, and leaking air, and clean up the portal so as to strike while the iron is hot.

— — Speech by the Supreme Leader at the Fifth Plenary Session of the 18th Central Commission for Discipline Inspection on January 13th, 2015

　　Strengthen inner-party supervision and make good use of criticism and self-criticism.

　　We demand that we open the door to engage in activities, carry out criticism and self-criticism, do not beat around the bush, go straight to the point, give advice with real swords and spears, and help comrades with enthusiasm, so as to have the effect of blushing, sweating, touching the mind and touching the soul.

　　— — Speech by the Supreme Leader at the Third Plenary Session of the 18th Central Commission for Discipline Inspection on January 14th, 2014

Xu Liaoyuan： Why does the Universiade torch resonate across borders？

　　China news agency, Chengdu, June 9 th Question: Why does the Universiade torch resonate across borders?

　　— — Interview with Xu Liaoyuan, the torch designer of the 31st World Universiade.

　　Author Yue Yitong Shan Peng

　　"Through the exchange of sports art, even if it is a small torch, the audience all over the world can feel the emotion and cultural connotation that the artist has poured into it, thus generating empathy." Xu Liaoyuan, a design artist, director of Chengdu Xuliaoyuan Museum of Modern Design and Art, and the torch designer of the 31st Summer Universiade (hereinafter referred to as Chengdu Universiade), said in an exclusive interview with China News Service’s "East-West Question" recently that the creation of sports art represented by torch design reflects the cultural characteristics of a region and an era, which is conducive to enhancing cultural exchanges in the world.

　　 The interview record is summarized as follows:

　　 China News Service reporter: The torch is the spiritual symbol of the Olympic Movement, and the torch relay is its unique literary form. What kind of cultural connotation has been injected into the design of Chengdu Universiade torch "Rong Huo"?

　　 Xu yuyuan:As the carrier of the Olympic flame, the Olympic torch ceremony has a history of more than 2700 years. In recent decades, every Olympic Games will give birth to a new torch with both artistic creation and cultural connotation. The torch symbolizes the pursuit of "higher, faster and stronger" sportsmanship and is an important cultural heritage left by the Olympic Games to the world. The Universiade, known as the "Little Olympics", also continued the tradition of the Olympic torch ceremony.

　　The torch relay ceremony was held for the first time at the Berlin Olympic Games in 1936. Since then, the torch held high by torchbearers has come into public view, and people have begun to care about the color, shape, material and cultural connotation of the torch design.

　　With the development of the times, the torch design is constantly innovating, and at the same time, it has gradually formed a distinct design principle: it can not only reflect the theme of the Olympic Games, but also show the image of the host country. Therefore, in addition to the Olympic spirit, a small torch should also bear strong regional characteristics and rich humanistic colors. For example, the torch "Xiangyun" of the 2008 Beijing Olympic Games is full of oriental charm. The moire inscription carved on the upper part of the torch symbolizes the rise of Xiangyun, and the color scheme of lacquer red and the shape of paper scroll make this torch a symbol that embodies the Millennium Chinese civilization.

　　The landing of the Summer Universiade in Chengdu is an opportunity to convey Chengdu’s voice to the world and promote Tianfu culture. Chengdu Universiade torch "Ronghuo" took more than 400 days from writing design to scheme release, during which several schemes were changed. The torch is a very small carrier, and it is difficult to carry too much information. Therefore, in the design scheme of "Ronghuo", we only captured the cultural symbolic elements of "Land of Abundance" such as the giant panda and the sun god bird.

　　Sichuan is the hometown of giant pandas. On the front of Ronghuo, there is a naive giant panda with his hands around the torch, showing the optimistic and tolerant cultural attitude of Chengdu people. The design of "Rong Huo" also pays tribute to the ancient Shu civilization. For example, the gesture of giant pandas embracing each other looks like the bronze statue of Sanxingdui from the side; The fire exit is embedded with the pattern of the ancient Shu totem sun god bird, and four god birds carry the sun and fly, which is the best interpretation of the ancient Shu ancestors yearning for the starry sky more than 3000 years ago. In addition, the overall shape of the torch refers to the ivory unearthed from Jinsha site; The torch crown is undulating, symbolizing the rolling mountains of Bashu land; The torch also adopts a gradient of cold and warm colors, which shows the burning passion of the youthful power of the Universiade.

　　 China News Service reporter: What are the similarities and differences between the eastern and western torch design concepts? How does the torch show the mutual learning between eastern and western civilizations?

　　 Xu yuyuan:The whole history of human creation is a life history as well as a creation history. Everyone and every creative group are creating an ideal way of life, and all the cultural evidences left behind today are the embodiment of this life history. There are differences in the understanding of life between the East and the West. Westerners use knives, forks and spoons, while orientals use chopsticks, which reflects the different wisdom of human beings in the East and the West.

　　In terms of art, oriental art is not a complicated decoration, but a pure and highly refined one. For example, oriental freehand brushwork ink painting is a natural expressionist art, which can strongly express water without drawing water; Song porcelain conveys the oriental expression of life ideal through the washing and purification of its shape. I call this pure design language and oriental way of looking at things "visual poetry", which means that design should be as pure as poetry.

　　However, world civilizations have always learned from each other. Oriental culture is influenced by western culture, and it is difficult for western modern and contemporary art to produce excellent works if it is not influenced by oriental painting or the concept of creation. From the perspective of human beings, art is the expression of human commonness, whether in the East or in the West. Therefore, art has no borders, and overseas audiences can understand the artistic creation of the East. Aesthetics is the art of intuitive experience and visual art, but if aesthetics is regarded as knowledge feedback, it will cause obstacles to understanding. Artistic aesthetics should return to its ontological language state, and use intuition to understand and create the experience of life, rather than making logical analysis based on knowledge system.

　　When people see beautiful things, they are moved by life without obstacles. When they see a torch, first of all, they will intuitively face the torch design and produce real psychological feelings; Secondly, they can understand the symbolic meaning of giant panda, bamboo, sun god bird and other symbols by understanding the meaning, and further understand the connotation of Tianfu culture.

　　 China News Service reporter: How does the sports art represented by the torch of the Universiade "Rong Huo" show the confidence of Chinese civilization and culture?

　　 Xu yuyuan:Chinese civilization, which has a long history of thousands of years, is still alive today. Even if it encounters difficulties in the long river of circulating years, there is always a voice to awaken it. This strong vitality is cultural self-confidence deeply rooted in the blood of the Chinese nation, and the continuity of Chinese civilization itself is its greatness.

　　At the same time, don’t misunderstand the inner meaning of cultural self-confidence, not to say that simply misappropriating ancient patterns and symbols in contemporary life is the best way to embody cultural self-confidence. This is not a simple problem of misappropriation. All the pioneering, avant-garde and innovative things created by Chinese today are new contributions to the world. This kind of cultural self-confidence comes from bone and blood, and naturally manifests itself in all aspects of human activities, including sports art. The future and development of Chinese civilization are the increasingly diverse and rich forms and the pace of continuous progress.

　　Although China is an ancient country with a civilization history of more than 5,000 years, it is hoped that the world can see a youthful China and a future China through the Universiade. Today, we don’t need to prove the greatness of Chinese civilization, but we should show the future of Chinese civilization through today’s creation.

　　 China News Service reporter: How can the creation of sports art, represented by torch design, enhance the world cultural exchange?

　　 Xu yuyuan:Sports events are a gathering of human beings. No matter where they come from, no matter what color they are, everyone gathers together. This is a platform for the coexistence of multicultural values and the sharing of civilized achievements, which can challenge the limits of human beings and achieve unity, commonality and integration. The essence of sports art is an expression of sports spirit, and every artistic creation is also an opportunity for cultural exchange.

　　Taking the torch as an example, according to the different venues, it presents different artistic features and carries the unique cultural characteristics of the region. People from different parts of the world communicate with each other and the world becomes rich and colorful. (End)

　　 Interviewee profile:

　　Xu Liaoyuan, an artist and designer, is the curator of Chengdu Xu Liaoyuan Museum of Modern Design and Art, the dean of the School of Art and Design of Geely University, the honorary dean of China ASEAN Art College, and the torch designer of the 31st Summer Universiade. He dabbled in sculpture, painting, calligraphy, pottery, design and many other artistic categories, and founded the "sensualism" art school, whose theoretical research results "liquor aesthetics" and "new cultural relics’ future view" have a wide influence.

[＂Thirteenth Five-Year Plan＂, these five years] ＂internet plus＂ activates the development of new kinetic energy

　　Figure ① Recently, Rongshui Miao Autonomous County, Liuzhou City, Guangxi Province released the county-level public brand of e-commerce agricultural products "Nuoxiangrong". The picture shows the staff showing the special products of meltwater. Xinhua News Agency reporter Huang Xiaobang photo

　　Figure ② In recent years, Beibei District of Chongqing has actively promoted the deep integration of Internet, big data, 5G, artificial intelligence and real economy. The picture shows that in the workshop of Zhengneng Machinery Co., Ltd., all the robot production data will be summarized into the "cockpit" of the workshop industrial Internet. Photo by Qin Tingfu (Zhongjing Vision)

　　Figure 3 Shili Town, Weishi County, Henan Province, provides "net creation" training for poor households, returning migrant workers and left-behind women who have set up a card to help the people get rid of poverty and become rich. The picture shows the teacher of the training class teaching. Photo by Li Xinyi (Zhongjing Vision)

　　If five years ago, people just felt that the Internet made life more convenient, five years later, under the influence of the COVID-19 epidemic, the construction of digital society has been accelerated, and the Internet has been fully integrated into people’s daily lives.

　　Internet plus Retail, internet plus Catering, Internet+Medical Care, Internet+Education … … The "Thirteenth Five-Year Plan" period is a five-year period in which the Internet in China has flourished and achieved fruitful results. 5G communication has grown from scratch, technologies such as network and information have accelerated to penetrate into the industry, platform economy and sharing economy have flourished, online and offline have been rapidly integrated, and the Internet has been fully integrated with all walks of life with an irresistible trend.

　　This year is the closing year of building a well-off society in an all-round way and the "Thirteenth Five-Year Plan", and it is a new starting point for the comprehensive improvement of the network letter business. In the past five years, China’s network information industry has made historic achievements, the construction of a network power has reached a new level, the core technologies in the information field have been continuously broken, and the benefits of the network for the benefit of the people and the people have been fully released.

　　Infrastructure construction continued to improve.

　　At 11 o’clock on May 27th this year, the Everest Elevation Survey Team successfully reached the summit, and completed a live broadcast with the highest altitude in the world through the 5G signal. At that moment, the record of human use of the Internet was once again refreshed. The difference is that this record was created by China people.

　　At the other end of the network, tens of millions of netizens have witnessed the "China Height" through the technology of 5G+ cloud network. This is another important network event after hundreds of millions of "cloud supervisors" witnessed the "China Speed" built by Vulcan Mountain and Thunder God Mountain hospital through 5G+ cloud network technology in February this year.

　　During the "Thirteenth Five-Year Plan" period, China’s new generation information infrastructure has achieved leap-forward development. On the basis of 2G follow-up, 3G breakthrough and 4G catch-up, mobile communication has achieved 5G lead, and the world’s largest fixed optical fiber network and 4G network have been built. The scale deployment of IPv6 has been accelerated, and the construction of an integrated information network between heaven and earth has been accelerated.

　　The Report on the Construction and Development Process of Digital China (2019) shows that the scale deployment of IPv6 in China has made great progress. By the end of 2019, the number of active users of IPv6 reached 270 million, accounting for 31% of the total Internet users, and the number of users with assigned IPv6 addresses reached 1.392 billion. 5G commercialization has been accelerated in an all-round way. By the end of December 2019, China had opened 130,000 5G base stations, and 5G users grew rapidly. The Beidou-3 global satellite navigation system has been launched, and the global positioning accuracy is better than 10 meters. The localization rate of the core components of Beidou-3 satellite is 100%, and Beidou related products have been exported to more than 120 countries and regions.

　　The acceleration of infrastructure construction allows more people to enjoy the network dividend. As of March this year, the number of netizens in China reached 904 million, an increase of 75.08 million compared with the end of 2018, and the Internet penetration rate reached 64.5%, an increase of 4.9 percentage points compared with the end of 2018. Among them, the Internet penetration rate in rural areas was 46.2%, up 7.8 percentage points from the end of 2018, and the gap between urban and rural areas narrowed by 5.9 percentage points.

　　Yu Zeng, director of China Internet Network Information Center, said that in 2019, China has built the world’s largest optical fiber and mobile communication network, with the proportion of optical fiber and 4G in administrative villages exceeding 98%, and fixed Internet broadband users accessing more than 450 million households. At the same time, the construction of new infrastructure around high-tech industries, scientific research and innovation, smart cities and other related industries is accelerating, further accelerating the industrial application of new technologies, giving birth to new industrial forms, expanding new supply, and promoting the formation of new economic models, which will effectively promote the quality improvement of regional economic development and the optimization and upgrading of industrial structure.

　　Digital economy becomes a new growth point

　　"buy it, buy it!"

　　The "6.18" online shopping festival released people’s enthusiasm for consumption in the excitement and grounded hawking of "with goods" anchors. The all-round development of digital economy has stimulated the amazing energy of China’s consumer market.

　　There are many such outbreaks. During the epidemic prevention and control period, from the emergence of new business forms to the expansion of new consumption, from the creation of new jobs to the development of digitalization, a series of positive new features, new trends and new opportunities have emerged in China’s economy.

　　During the "Thirteenth Five-Year Plan" period, the digital economy has flourished and has become a new growth point of economic development. As of March this year, the number of online shopping users in China reached 710 million, and the transaction scale in 2019 reached 10.63 trillion yuan, a year-on-year increase of 16.5%. Digital trade has continuously opened up new space for foreign trade development. In 2019, the total retail import and export commodities through the customs cross-border electronic commerce management platform reached 186.21 billion yuan, an increase of 38.3%. Digital enterprises accelerate the development of enabling industries. Digital enterprises continuously improve the digitalization level of supply chain by innovating business model and accelerating the application of digital technology, which provides important support for industrial transformation and upgrading.

　　Yu Zeng pointed out that the huge netizens constitute the booming consumer market in China, laying a solid user base for the development of digital economy. At present, the digital economy has become a new kinetic energy for economic growth, and new formats and models emerge one after another. In this epidemic, the digital economy has played an important role in ensuring consumption and employment and promoting the resumption of work and production, showing strong growth potential.

　　The data shows that at the beginning of this year, the user scale of most network applications showed a significant increase. Among them, the number of users of online education, online government affairs, online payment, online video, online shopping, instant messaging, online music, search engines and other applications has increased rapidly compared with the end of 2018, with an increase of more than 10%.

　　Wang Yukai, a member of the National Informationization Expert Advisory Committee and a professor at the Central Party School (National School of Administration), believes that China’s Internet industry has a huge consumer market, enterprises and technical foundation, and will usher in a new round of historical opportunities for rapid development in the post-epidemic era, and the Internet industry will present a brand-new vigorous development trend. Among them, the consumer Internet will be upgraded to the industrial Internet, and the process of industrial digital transformation will continue to accelerate; The Internet of Everything will form a big connection to further promote the sharing of Internet dividends; The platform economy ecology will be more abundant, and the empowerment effect on the transformation of the physical industry will continue to be highlighted.

　　The people’s sense of gain is constantly improving.

　　Guizhou is a traditional labor export province, but a large number of migrant workers have returned to their hometowns for employment in Zheng ‘an County, Zunyi City. The reason for this change is the emergence of a "Taobao Village" specializing in guitars, which sold 8 million guitars a year through the Internet. The guitar industry not only promotes employment, but also promotes the development of local catering, entertainment and other service industries.

　　People who walked out of the mountains before are returning home because of the guitar Taobao village. Before Tang Yujiang returned to his hometown to become a guitar packing worker, he worked in various places to earn medical expenses for his sick son. He said: "Now this job is too good, the wind can’t blow, the rain can’t fall, and I can take care of my children at home, which is also very respected by everyone." There are still many people who rely on Taobao factory to get rid of poverty like Tang Yujiang.

　　The development of Zheng ‘an County is a microcosm of network poverty alleviation to speed up bridging the digital divide. Under the guidance of the Key Points of Network Poverty Alleviation in 2019 jointly issued by the Central Network Information Office, the National Development and Reform Commission and the Ministry of Industry and Information Technology, the network coverage project has been deepened and expanded, the network poverty alleviation and digital village construction have continued to advance, and the digital divide has been narrowing. With the in-depth promotion of the two major projects of "every village" and "pilot project of universal telecommunications service" in China, the broad masses of peasants gradually keep up with the pace of the Internet era and enjoy the convenience of the information society.

　　In today’s China, nearly 1 billion netizens are gaining a sense of gain with the development of the Internet. In order to develop the network information business, we must implement the people-centered development thought. During the "Thirteenth Five-Year Plan" period, China’s Internet applications have become increasingly closely integrated with people’s lives. Applications such as WeChat, short videos and live broadcasts have lowered the threshold for Internet use and continuously enriched people’s cultural and entertainment life; The application of online government affairs is people-oriented, focusing on solving the blocking points, pain points and difficulties of people’s daily work; Internet services such as online shopping and online public welfare have played an important role in increasing farmers’ income and driving netizens to participate in poverty alleviation.

　　The 19th National Congress of the Communist Party of China formulated a blueprint for the new era, proposing to build a network power, a digital China and a smart society, promote the deep integration of the Internet, big data, artificial intelligence and the real economy, develop the digital economy and share the economy, foster new growth points and form new kinetic energy.

　　With the rapid development of information technology, China is accelerating to become a network power.

Let ＂zero carbon＂ become a new trend and fashion

Zero-carbon parks, zero-carbon hosting meetings, zero-carbon weddings, and even zero-carbon drinks and sports shoes … In recent years, related words have frequently appeared in newspapers and websites, which deserves attention.

What is "zero carbon"? This can be seen from the home activities of the first National Eco-Day held by the "Zero Carbon" Expo. According to reports, "zero-carbon" hosting the conference refers to the implementation of carbon emission reduction measures, carbon emission budget, carbon emission intervention, carbon emission accounting and evaluation, carbon neutral evaluation, carbon neutral subject matter trading and offset, so as to ensure the carbon neutrality of the conference. In other words, while doing our best to hold the meeting in a low-carbon, green and waste-free manner, we will realize positive and negative offset by purchasing inclusive emission reduction and carbon sink emission reduction, and achieve relative "zero emission".

Since China clearly put forward the goal of "double carbon" in September 2020, the research on "zero carbon" has heated up rapidly, and the number of papers has risen sharply. However, there is no exact definition of "zero carbon" at present, because it involves many aspects, such as accounting scope, accounting emission types, reference index units, target year, whether to adopt compensation and offset measures, and so on. What is certain is that "zero carbon" does not mean that carbon dioxide is not emitted at all, and it is closer to the concepts of "low carbon" and "carbon neutrality" in real life and media reports.

Although there is no lack of controversy, behind the popularity of "zero carbon", there are conceptual changes and practical explorations, not "playing gimmicks" and "pushing concepts". According to industry insiders, there are four processes to achieve "zero carbon", accounting, emission reduction, offset and certification, and each link is actually not simple. Take the 3rd Digital China Construction Summit with available data as an example. While implementing a series of carbon emission reduction actions, the organizers calculated the new carbon dioxide emissions according to the number of activities, the number of participants, transportation, catering, accommodation and other conditions, and then realized the "zero emission" of the summit by purchasing carbon sink projects to reduce emissions. The idea of "zero-carbon" wedding, which has become popular among minority groups, is also the same. It can be seen that "zero-carbon" action has actually reduced carbon emissions, whether as a mode of production or a way of life, and it is worth becoming a popular trend.

In some specific scenarios, "zero carbon" can also be understood as zero use of fossil fuels. For example, the construction of "zero-carbon villages" and "zero-carbon post stations" in some areas is to realize the supply of "green electricity" by purchasing photovoltaic and wind power, or rooftop photovoltaic power generation and intelligent energy storage equipment. As a packaging method and concept, although its connotation and extension are slightly different, it can’t avoid the core expression of the concept of green, low-carbon and sustainable development.

Not long ago, the National Eco-environmental Protection Conference proposed that we should correctly handle the relationship between external constraints and endogenous motivation, and "inspire the endogenous motivation of the whole society to jointly care for the ecological environment". From the "Opinions of the Central Committee of the Communist Party of China and the State Council on Completely, Accurately and Comprehensively Implementing the New Development Concept and Doing a Good Job of Carbon Neutralization in peak carbon dioxide emissions" to the release of the first batch of "Zero-carbon China" evaluation criteria, and the increasing diversity of "zero-carbon" public activities, "zero-carbon" is not only an initiative and a guide, but also has attracted more and more subjects to join in and take action.

From this point of view, the concept of "zero carbon" is not hidden, nor is it out of reach. In the process of publicity and promotion, we may as well open our minds to stimulate the public’s demand for carbon reduction, further stimulate everyone’s enthusiasm and initiative to practice a simple, moderate, green and low-carbon lifestyle, and make "zero carbon" a new trend and fashion. (Lu Yi)

Interest rate hike expectations swing back and forth？ UBS： The central bank will still raise interest rates on April, but then the pace will slow down.

The Japanese economy unexpectedly stalled in a technical recession in the fourth quarter of last year, and the market’s confidence in the Bank of Japan’s interest rate hike was shaken. The probability of raising interest rates before April once dropped rapidly from 73% to about 63%.

In a recent report, UBS economists Go Kurihara and Masamichi Adachi pointed out that the current economic weakness in Japan may be seen by the outside world as a driving force preventing the Bank of Japan from opening the normalization of monetary policy, butAs long as the Bank of Japan can effectively prove that consumer spending will start to increase, they have reason to adjust monetary policy.Therefore, April is the window for the Bank of Japan to raise interest rates by 10 basis points, when the benchmark interest rate will be raised to 0.

UBS believes that CPI will slow down until the end of 2024, which will reduce the impact on real wages. The real wages of Japanese residents are expected to accelerate in 2024, which will promote consumer spending and economic growth.

Considering Japan’s economic trend in 2024 and the future, UBS changed its policy path expectations for the Bank of Japan after April.It is expected that the Bank of Japan will not further adjust interest rates this year after April.(Previously, it was expected to raise interest rates by 25 basis points again in July to raise interest rates to 0.25%).There will be three interest rate hikes of 25 basis points in 2025, and the policy interest rate will reach 0.75% by the end of 2025.

UBS believes that if the US economy is not in recession, it is still possible for the Bank of Japan to raise interest rates by 25 basis points in October this year, so that the policy interest rate will reach 0.25% by the end of 2024.

The latest data released today shows thatAlthough Japan’s inflation in January was stronger than expected, the slowing trend did not change. In January, the overall CPI rose by 2.2% year-on-year, which continued to slow down from the previous value of 2.6%. In January, the year-on-year increase of core CPI (except fresh food) slowed down from 2.3% in the previous month to 2%, and the core CPI in the core (except fresh food and energy) rose by 3.5% year-on-year, which was lower than the previous value of 3.7%.

On February 15, local time, the Cabinet Office of Japan announced preliminary statistics showing that in 2023, Japan’s real GDP increased by 1.9% year-on-year, and its nominal GDP increased by 5.7%, which was about 4.2 trillion US dollars. The nominal GDP in US dollars was surpassed by German GDP.Japan fell from the third largest economy to the fourth largest economy.

On a quarterly basis, Japan’s GDP growth rate contracted by 0.4% in the fourth quarter of 2023 after contracting by 3.3% in the third quarter of 2023.Unexpectedly fell into a technical recession.

UBS pointed out that the weak consumption of Japanese residents has become an important reason for the technical recession, and it has always been a long-term concern of the government. In the fourth quarter, the consumption season of Japanese residents contracted by 0.9% year-on-year, which dragged down GDP by 0.5 percentage points, and it shrank for the third consecutive quarter. There are three factors: 1. The real wage income of residents continued to decline, 2. Enterprises did not increase capital expenditure as scheduled, and 3. Government public expenditure increased:

1. From the perspective of wage growth, Japan’s wage growth still failed to catch up with the price increase. In the fourth quarter, Japan’s real wages fell by 1.9% year-on-year, which led to a decline in actual expenditure.

It is worth mentioning that the weak actual consumption also reflects the problem of Japan’s population decline. At present, Japan’s population is decreasing by 0.5% every year. In 2023, the consumption of inbound tourists became a major pillar of the economy, but compared with the consumption of Japanese nationals, the consumption of tourists only accounted for 1.5%.

2. Although the business survey shows that enterprises plan to increase capital expenditure (that is, enterprises plan to invest in new equipment, technology or buildings to expand or enhance their productivity), in fact, they have not seen the recovery of capital expenditure in the past year, which on the one hand reflects the difference between name and reality, and on the other hand, it may be because of supply constraints that equipment installation and building structure are delayed.

In addition, supply constraints are also one of the reasons for the stagnant capital expenditure of Japanese enterprises.

Another reason for the weakening of consumption is that the annual growth rate of government expenditure has unexpectedly dropped to -0.9%.In terms of sub-items, the growth of government consumption (-0.5%) and public sector investment (-2.8%) are lower than GDP, which shows that fiscal policy is in a marginal tightening state in the fourth quarter.

UBS predicts that Japan’s real GDP growth in 2024 will be 0.1% lower than that in 2023, falling to 1.0%.The driving force of economic growth has shifted from external demand (including the consumption of inbound tourists) to domestic demand. With the acceleration of wage growth and the slowdown of CPI, the real wages of Japanese residents will increase.：

On the one hand, the decline in household consumption has narrowed month-on-month, and imported inflation such as energy has dropped, which will alleviate the impact on real wages; At the same time, Japan’s labor shortage is becoming more and more serious. The strategy of increasing labor supply by increasing the labor participation rate of women and the elderly has reached a bottleneck, and the government is also calling on employers to raise wages, which increases the possibility of wage increase in Japan, and a virtuous circle of wages and prices is expected to be established.

UBS believes that by the end of 2024, the deflation of core CPI will stop, and the prices of other goods and services except food and energy will no longer continue to fall, mainly because inflation expectations are rising and there is no downward pressure on output:

According to our latest forecast, by the end of 2024 and 2025, Japan’s core CPI will be 1.6% and 1.7% respectively.It is 0.1 percentage points lower than the previous forecast..

We predict that wage growth in Japan will accelerate significantly in 2024. However, the slowdown in CPI in 2024 and the decline in corporate profits will not continue until 2025. We believe that the wage growth rate will slow down in 2025.

Due to the increase in real wages, we expect that the real disposable income of Japanese residents will also increase. At the same time, in June this year, a one-time tax reduction and cash payment will promote actual consumption.

According to the latest data, although Japan’s CPI in January was higher than expected, the slowdown trend did not change. In January, the overall CPI rose by 2.2% year-on-year, which continued to slow down from the previous value of 2.6%. In January, the core CPI (except fresh food and energy) in the core rose by 3.5% year-on-year, which was 3.7% lower than the previous value.

UBS said that their forecasts for Japan’s GDP and CPI were set in the second and third quarters of this year when the GDP of the United States shrank and there was a technical recession. If there is no recession in the United States, under such a narrative, Japan’s inflation level will be higher than that of the long-term depreciation of the yen.

Considering the above factors, UBS concluded that if the external environment is stable, that is, there is no serious recession in the United States, Japan’s inflation expectations will rise, which means that the Bank of Japan has reason to start a normalized monetary policy.

Therefore, UBS believes that the Bank of Japan will still adjust the benchmark interest rate to 0 after April 2024, but it will not raise interest rates for the rest of this year (it was expected to raise interest rates by 25 basis points in July), but it still judges that the Bank of Japan will raise interest rates three times in 2025, each time by 25 basis points.

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