Two days of ice and fire: Xiaomi SU7 orders are hot, and Tesla begins to lay off employees.

In fact, many people expected the popularity of Xiaomi car. In this regard, after the technical conference of Xiaomi Automobile at the end of last year, the online attention on the final selling price of Xiaomi Automobile is extremely high.

With the official listing of Xiaomi SU7 on March 28th, Xiaomi Auto officially announced the price of its model. In the car quick review, the starting price of Xiaomi SU7215900 is actually not low. Because if any model talks about the price without configuration, it is nonsense. Therefore, comparing with the Galaxy E8 and BYD Han EV of the same level and price, frankly speaking, Xiaomi SU7 basically has no advantages.

Relatively speaking, the official guide price is 299,900 yuan, and the Xiaomi SU7 top-matched model may make the majority of millet flour slightly gratified in terms of configuration and performance, but the price may also become a barrier for many rice flour shopping carts.

Some people may say that the price of Xiaomi SU7 top version model is less than 300,000, which is not expensive. Then I can only answer that the price of Tucki P7 is as low as 140,900. Do you think Xiaomi SU7 is expensive or not?

Not long ago, an organization analyzed that Xiaomi SU7 lost 6,800 yuan per car sold. According to this calculation, Xiaomi Automobile will lose 4.1 billion yuan in 2024, and Xiaomi executives will respond quickly.

Xu Jiewen, Special Assistant to the Chairman of Xiaomi Group and Deputy General Manager of China Marketing Department, posted a message on the social platform saying that this information may be biased, and the hot sales situation of Xiaomi SU7 was underestimated.

Therefore, whether the starting price of Xiaomi SU7215,900 yuan is earned or lost, we don’t know exactly how much to earn or how much to lose. But what we can see is that, as Xiaomi executives said, the sales of Xiaomi SU7 are really hot.

According to the latest sales data of new forces in the 15th week of this year, Xiaomi Automobile sold 2,394 vehicles last week, an increase of nearly 120% from the previous month. If the production capacity of Xiaomi automobile is strong this week, the sales of Xiaomi will hopefully surpass Weilai.

Also, regarding the appearance design of Xiaomi SU7, the President of Porsche China has also made it clear recently, and his view is that good design always has a heart. The designers of Xiaomi SU7 are all from German national treasure horse and Mercedes-Benz.

According to the car quick review, although the design of Xiaomi SU7 basically copied Porsche, you won’t feel ugly when you look at it at first glance.

For the owners of Xiaomi SU7, if you meet Porsche on the road, as long as you are bold enough, it must be Porsche.

In stark contrast to the hot sales of Xiaomi SU7, Tesla recently started a large-scale layoffs.

On April 15th, Tesla CEO Musk published a full letter, announcing that Tesla will lay off 10% of its employees worldwide. Musk said that he thoroughly reviewed the organization and made a difficult decision to lay off 10% of employees worldwide.

However, it is reported that in the domestic market, Tesla’s layoffs have reached as high as 50%.

Although there is no clear indication that Tesla’s domestic layoffs are related to Xiaomi, it is certain that Xiaomi SU7 will steal some Tesla users.

Strengthening the cultural consciousness of film adaptation of online novels

  TV series The Longest Day In Chang’an stills information pictures

  [Ask and cut the net text]

  ● The cultural consciousness of online novels with the theme of ancient costumes in the process of film and television adaptation has broadened the space for their development. At the same time, the arrival of the "internet plus" era has also brought a new opportunity and challenge to the development of online literature.

  ● From online novels to film and television dramas, it belongs to "re-creation" and "re-creation". The value guidance and cultural atmosphere should not be a process of weakening, but should be a process of continuous improvement and strengthening, so that the value guidance is more in line with social value norms and the cultural atmosphere is fuller and more authentic.

  From its germination, prosperity to popularity, online novels with the theme of ancient costumes have always been inextricably linked with Chinese traditional culture. The mature development of online literature can not be separated from the influence and nourishment of traditional culture, from the ancient costume theme in the early days, to the hot travel novels later, and to the increasingly popular online novels with biographical costume themes recently. In recent years, some popular TV series adapted from online novels, such as Hougong Zhenhuan Biography, Ruyi’s Royal Love in the Palace, legend of miyue, nirvana in fire, Do you know if it should be green and fat, The Longest Day In Chang’an and Joy of Life, show the grand Chinese history, classic poems and songs, and traditional folk customs one by one, coupled with different types and styles of plays, personalized character design and subtle cultural connotation, showing Chinese tradition. The cultural consciousness in the process of film adaptation of online novels with the theme of ancient costume broadens the space for their development, and the arrival of the "internet plus" era also brings a new opportunity and challenge to the development of online literature.

  Let "overhead" land.

  In the early stage of creation, online novels with the theme of ancient costume tend to adopt the writing style of "overhead" history, or construct the whole work in the mode of crossing time and space. This creative way far away from history has found a more reasonable solution in the process of film and television adaptation of online novels.

  Wu Xuelan’s Biography of Zhen Huan, an online writer, is the main representative of returning to historical film and television works from online novels with overhead history. In the original work, the author fictionalized a dynasty, telling the story of a bloody incident in the former imperial harem from the first year of Ganyuan to the thirty years of Ganyuan. In the film adaptation, he chose to land in the Yongzheng period of the Qing Dynasty, relying on the history of the Qing Dynasty, to show that familiar and unfamiliar court story.

  Joy of Life, an online novel, was originally a novel about crossing the theme. It tells the story of a dying patient in modern times, Fan Shen, who happened to cross the fictional country of Qingguo by chance and started a confusing adventure for the rest of his life, hence the name "Yunian Qing". In the process of film and television adaptation, the creator adopted the narrative mode of "play in play" to transform Fan Xian’s legendary experience of celebrating the country into the content of a novel written by Jasmine Zhang, a university student. This plot design not only conforms to the narrative logic of "crossing" the plot in the original work, but also complements the research idea of the protagonist Jasmine Zhang "analyzing the history of ancient literature with modern concepts", and better sews up the gap between the fiction of online literature and the official history, which makes a powerful exploration for the realistic return of novels with costume themes.

  In addition, the accurate positioning of historical events is also a new attempt in the film adaptation of online novels in recent years. The TV series "legend of miyue" directed by Zheng Xiaolong tells the ups and downs of the life story of Mi Yue, the first empress dowager in China history and a female politician of Qin State in the Warring States Period. Among them, allusions such as "Returning to Zhao in perfect condition", "encircling Wei to save Zhao" and "uniting Lian Heng" are accurately reproduced, and figures such as Zhang Yi, Qu Yuan and Huang Xie also appear in the Warring States Period, realizing a high degree of integration of biographies and historical facts. It can be seen that the landing of "overhead" history, the reversal through time and space, and the innovative interpretation of celebrity allusions have become an important path for the film adaptation of online novels, gradually guiding the audience to pay attention to, respect and reflect on history, and to understand and observe reality with a more rational and comprehensive eye.

  Let classical poetry "appear" vividly

  Five thousand years of Chinese traditional culture is extensive and profound, which has become the spiritual soil for the creation of online novels with the theme of ancient costumes. At the same time, online novels actively absorb and transmit the artistic essence of Chinese excellent traditional culture. The emerging network literature forms and excellent traditional culture join hands to explore new ways forward.

  In recent years, the film and television dramas adapted from online novels with the theme of ancient costumes have tried to integrate classical poetry and lyrics into film and television works, making a new attempt for the revival and dissemination of traditional poetry. At present, there are several types of reproduction methods of classic poems in popular dramas with costume themes adapted from online novels.

  First, the name of the play is vividly used in poetry and allusions. For example, the title of the TV series "Do you know if it should be green, fat, red and thin?" is taken from the words in the Song Dynasty poetess Li Qingzhao’s "Like a dream, it rained last night and the wind blew suddenly." When the novel was published, seven poems were also used as the titles of each volume, namely, "Begonia blooms in my hometown today, and only famous flowers are bitter and lonely", "I faded my makeup from plum powder and painted a new red begonia", "Begonia doesn’t hesitate to be rouge, and I don’t wait for the golden house to recommend Huatang", "I don’t know that flowers are more gorgeous until I am pale, and I am eager to love Begonia", "How can I make peaches and plums speak, and sleep with a new begonia?" The title of each volume revolves around "Haitang", which coincides with "green, fat, red and thin". At the same time, the style of writing is the same, and the cultural heritage of the whole work is added.

  Second, classic poems appear frequently in film and television works in the form of lines. For example, in "Biography of the Harem Zhen Huan", Zhen Xuan explained the origin of his maiden name to Yongzheng when he participated in the draft, and quoted the words "a beautiful waist" in Cai Shen’s "A Prune of Plums" in the Northern Song Dynasty, which coincided with Zhen Xuan’s charming appearance and cool temperament. At the same time, he also used Cai Shen’s words and quality to express his personal feelings to Zhen Xuan’s father Zhen Yuandao in the play. In addition, the characters in the play are lined with corresponding poems, which are closely related to the characters’ personalities and fates. For example, Shen Meizhuang chanted "I would rather hold the incense on the branches and die, than ever blow it down in the north wind" (Zheng Sixiao’s "Cold Chrysanthemum"), and An Lingrong sang "Don’t cherish the golden gowns, and advise you to cherish your youth. When flowers bloom, they must be folded straight, so don’t wait until there are no flowers and empty branches "(Yuefu poem" Goldilocks "), and the king of Guojun lamented on the night of Tanabata that" when the golden wind and the jade dew meet, they will overcome countless people "(Qin Guan’s" Queqiao Fairy ").

  The third is to take the allusions in the famous works as the core plot of the film and television drama. For example, the hit drama Joy of Life quoted the poem "Stay in Qing Yu" in A Dream of Red Mansions: "Stay in Qing Yu, stay in Qing Yu, and suddenly meet a benefactor; Lucky mother, lucky mother, accumulated yin gong. Don’t be like my cruel uncle and traitor who loves money and forgets flesh and blood! It is multiplication, division, addition and subtraction, and there is a sky on it! " Taking this as the plot of the drama, and then persuading people to uphold the idea of helping the poor and helping the poor, which is highly consistent with the theme of the drama. The diversified and flexible use of classic poetry in the film and television works adapted from online novels not only expands the communication path of traditional poetry, but also creates an immersive space field for the audience to understand the profound meaning of poetry, which is a novel and extensive way of communication.

  Let the "textual research fever" continue to heat up

  The popularity of film and television dramas on mass cultural consumption is relatively high, and excellent ancient costume works can become a powerful carrier of traditional cultural communication to some extent. The audience’s "textual research" on customs, costumes and etiquette in film and television dramas has given new narrative dimensions to the works with the theme of ancient costume to a certain extent, and also put forward higher and stricter requirements for the writing of online novels with the theme of ancient costume.

  Many details in the drama The Longest Day In Chang’an have caused a heated discussion among netizens. The drama focuses on depicting the prosperous scene of the Tang Dynasty, from the costumes and hair accessories, to the furnishings of daily life, and then to the scene setting of the times, all of which are exquisite and exquisite. In the play, Li Bi, played by Jackson Yee, has attracted everyone’s attention because of his lotus-crowned hair style with hair pins inserted from back to front. The audience carried out in-depth textual research and exploration around the production time and identity symbol of "Meridian Hairpin" and "Maoyou Hairpin". To some extent, this also increases the appreciation dimension of TV series.

  In addition, the "bad teacher" played by Lei Jiayin in the play wears the "round neck robe" and "six-in-one boots", and carries the accessories such as "tie rope", "arm shovel" and "smoke pill" with him, which truly reproduces the mixed style and characteristics of Hu and Han in the Tang Dynasty. In the play, women’s clothing accessories such as "flowers", "bun", "skirt" and "half-chest skirt" mostly echo the characters in famous paintings and poems. "One scoop of food and one drink" has become an important method to spread traditional culture.

  Do you know whether it should be green, fat, red and thin? nirvana in fire and other film and television dramas also reproduce Chinese traditional manners and customs exquisitely. When women meet each other every day, they ask each other "make-up safety" and perform "Wan Fu Li"; Men bow down and bow their hands; When the younger generation says hello to their elders, they will "cross their hands". These courtesies are numerous and varied, and they are also used in exquisite occasions. There are concrete explanations and graphic descriptions in works such as Shuo Wen Jie Zi, Tokyo Meng Hua Lu and Han Xizai’s Night Banquet.

  There are also studies and unique displays of traditional ingredients and pharmacology of traditional Chinese medicine in film and television dramas. For example, in Ruyi’s Royal Love in the Palace, the delicacies such as chicken soup with purple ginseng and snow, lotus root with bi Nuo, milk cake and dark fragrant soup are often mentioned, which are unique in color matching. Even when chopsticks are dropped, the instant when the chopsticks touch the "chopsticks pillow" is particularly attractive. These designs convey the charm of Chinese traditional culture to the audience and bring visual enjoyment. At the same time, the "homophonic" and "metaphor" of dish names have also become an important driving force for the development of drama plots.

  Another example is the interpretation of the efficacy of Rhizoma Smilacis Glabrae, Herba Scorzonepetae, Folium Perillae and Herba Hedyotidis Diffusae in "legend of miyue", which better integrates Chinese traditional culture and Chinese medicine, makes film and television dramas more pyrotechnic, and opens the pace for online literature to land in real life.

  It can be seen that the details of traditional folk customs in film and television dramas can better stimulate the audience’s viewing enthusiasm and psychological expectations. The upsurge of "textual research fever" reflects, to some extent, the desire and pursuit of cultural values by film and television consumption, and therefore film and television dramas have become more diverse and multidimensional, becoming an effective way to convey traditional culture.

  Let the creative concept always walk on the right path

  Under the background of media integration, the network provides more possibilities for the spread of literature, and network literature also has a broader spread space. In the process of film and television adaptation, online novels with the theme of ancient costume have more new ways to inherit and popularize Chinese traditional culture.

  The "little knowledge" pop-up window of "Do you know whether it should be green, fat, red and thin" broadcast on the video website timely and accurately explains the "knowledge points" in the series, and the design of real-time barrage, mini-theater and other links is novel and flexible, opening up a new position for the arrival of traditional culture to "new and new mankind".

  Weibo’s hot topic search, friends circle forwarding, promotion of post bars and related cultural activities on the client side have, to some extent, become new ways to spread traditional culture in film and television dramas. At the same time, the film and television drama adapted from online novels has gradually opened up the linkage with games and animation, realizing industrial integration, providing reference and experience for the cross-industry communication of film and television drama, and also providing the possibility for the cross-industry communication of "national style and Chinese rhyme".

  As some scholars have said, the correlation patterns between the literary value and market value of contemporary literary works are more and more diverse. The arrival of "internet plus" and the era of media integration has brought more possibilities for the spread of literature, art and culture, but it has also brought more tests and challenges. Writers of online novels need to uphold a firm cultural stand and cultural self-confidence, and spread and re-create Chinese traditional culture by removing the rough and the essence, discarding the dross and taking the essence. They should not introduce some pseudoscience, feudal ideas and metaphysical superstitions into their creation, which will lead to the loss of their creative ideas. From online novels to film and television dramas, it belongs to "re-creation" and "re-creation". The value guidance and cultural atmosphere should not be a process of weakening, but a process of continuous improvement and strengthening, so that the value guidance is more in line with social value norms and the cultural atmosphere is fuller and more authentic.

  Under the background of media integration, the film and television works adapted from online novels are more diverse in strategies and ways to spread traditional culture. The interaction of industries such as network, literature, film and television, games and animation will make new explorations for the future development of online literature and network culture. In the face of such a new situation, we need to be full of longing, but also need to be vigilant at all times.

  (Author: Ouyang Yifei, a lecturer at the School of Art and Design of Changzhou Institute of Technology, Dr. college of nanjing normal university, this article is a research project of philosophy and social sciences in Jiangsu universities "‘ Internet plus & rsquo; Film and television major in colleges and universities in the times ‘ Double span ’ Research on talent training mode "phased results)

Shi Ying shares: abnormal fluctuations in stock trading.

The general manager and chairman of Shi Ying Co., Ltd. are both Chen Shibin, male, 58 years old, with a junior college education background.

As of press time, the market value of Shi Ying shares is 26.4 billion yuan.

1. In the past 30 days, Shi Ying’s shareholding in northbound capital increased by 1,759,700 shares, accounting for 0.49% of the outstanding shares;
2. In the past 30 days, no institution has conducted research on Shi Ying shares;
3. Shi Ying shares fell by 15.98% in the past three trading days, its non-ferrous metal sector rose by 3.56% and the Shanghai Composite Index rose by 5.03%.

(Reporter Wang Yuli)

The latest voice of the central bank! It is related to real estate, rectification of platform enterprises, RMB exchange rate …

  BEIJING, Jan. 13 (Zhongxin Finance Shao Wanyun) On the 13th, the State Council Office held a press conference on financial statistics in 2022, and the relevant person in charge of the central bank responded to issues such as real estate, rectification of platform enterprises, RMB exchange rate, inflation and digital RMB.

  Introduce structural tools to focus on supporting the smooth operation of the real estate market.

  Zou Lan, director of the Monetary Policy Department of the People’s Bank of China, said at the meeting that we are studying and launching several other structural tools recently, which mainly focus on supporting the smooth operation of the real estate market, including the Baojiaolou loan support plan, the housing lease loan support plan and the private enterprise bond financing support tool, etc., and we will make some detailed disclosure and release after the introduction.

  In addition, at the end of September last year, the People’s Bank of China and China Banking and Insurance Regulatory Commission issued a notice, clarifying that eligible city governments can decide to relax the lower limit of the interest rate of the newly issued first home loan in stages in the fourth quarter. Zou Lan introduced that the interest rate of new personal housing loans in December was 4.26% nationwide, which was the lowest level in history since statistics were available in 2008.

  Zou Lan also said that in view of some adjustments in the real estate market, the People’s Bank of China, together with relevant departments, made efforts from both supply and demand in accordance with the deployment of the CPC Central Committee and the State Council to promote the smooth operation of the real estate market. With the effects of relevant policies gradually emerging, the financing environment of the real estate industry, especially high-quality housing enterprises, has improved significantly in recent days. From the data, from September to November last year, real estate development loans increased by more than 170 billion yuan, an increase of more than 200 billion yuan year-on-year. In the fourth quarter of last year, domestic real estate corporate bonds issued more than 120 billion yuan, a year-on-year increase of 22%.

  In terms of risk prevention, the relevant departments drafted the Action Plan for Improving the Balance Sheet Plan of Quality Housing Enterprises. The action plan focuses on high-quality real estate enterprises that focus on their main business, operate in compliance, have good qualifications and have certain systemic importance, and focuses on promoting 21 tasks in four aspects: "asset activation", "debt continuation", "equity supplement" and "expected promotion", comprehensively implementing policies to improve the cash flow of high-quality real estate enterprises and guide the balance sheets of high-quality real estate enterprises to return to a safe range. The plan sets the conditions for high-quality housing enterprises, and there is no specific list, which is independently grasped by financial institutions.

  The rectification of 14 large-scale platform enterprises such as Ant Group has been basically completed.

  Ma Jianyang, head of the Financial Markets Department of the People’s Bank of China, said that since November 2020, the financial management department has guided and urged 14 large-scale platform enterprises such as Ant Group to carry out solid rectification in view of the outstanding problems in the past financial business, such as unlicensed operation, regulatory arbitrage, disorderly expansion and infringement on consumers’ rights and interests. At present, most problems have been basically rectified, large-scale platform enterprises operate in compliance and compete fairly, consumer protection awareness has been significantly enhanced, and financial business has been continuously standardized.

  At the same time, the financial management department has issued a series of targeted institutional documents in the fields of third-party payment, personal credit investigation, Internet deposit, insurance, securities, funds, etc., and the regulatory framework for the normalization of financial business of platform enterprises has been initially formed, laying a good institutional foundation for the subsequent normalization supervision.

  Ma Yuyang said that in the next step, the financial management department will conscientiously implement the spirit of the 20th National Congress of the Communist Party of China and the Central Economic Work Conference, adhere to the "two unwavering", pay equal attention to development and standardization, and support the healthy development of the platform economy.

  First, continue to push relevant platform enterprises to speed up the rectification of the remaining few problems, and complete the rectification work from the beginning to the end. The second is to improve the level of normalized supervision, further improve the regulatory system and mechanism, strengthen the construction of regulatory scientific and technological strength, support platform enterprises to operate in compliance, develop financial business prudently, and have zero tolerance for illegal financial activities. The third is to study and formulate financial support measures to promote the healthy development of platform economy, support platform enterprises to improve their scientific and technological innovation ability and service quality and efficiency, consolidate and enhance their international competitiveness, and show their talents in leading development, creating jobs and international competition.

  It is predicted that China’s inflation level will remain moderate in 2023.

  Zou Lan said that from a global perspective, last year experienced a wave of high inflation that had never happened in decades. In sharp contrast, China maintained the basic stability of the price level, which was not easy. In the past five years and ten years, the average annual increase of consumer prices in China has remained at around 2%. This fully proves the superiority of China’s socialist system and the effectiveness of macro-control.

  Zou Lan mentioned that in 2023, China’s inflation level is expected to remain moderate overall, but we should also pay attention to the potential possibility of inflation rebound.

  On the one hand, China’s overall supply is abundant, demand is still recovering, and there was no excess currency in the past, so inflation is expected to remain stable. At present, China’s economy is still in the process of recovery and development, the industrial chain and supply chain are running smoothly, the lack of effective demand is still the main contradiction, and the output gap is still negative. In the short term, inflationary pressure is generally controllable. In the medium and long term, China is one of the major producers in the world, with a generally balanced economic supply and demand, stable monetary policy and stable inflation expectations of residents, which has favorable conditions for maintaining a basically stable price level.

  On the other hand, the uncertainty of price trend still exists, so we should not take the inflation situation lightly, and pay close attention to the potential of its future warming. Domestically, China’s M2 growth rate has been in a relatively high position for some time, which does not rule out that the impact on prices is lagging behind. With the optimization of epidemic prevention and control measures, residents’ consumption kinetic energy will be gradually released, and the total demand tends to heat up, which may also be accompanied by some upward pressure of inflation. From an international perspective, geopolitical conflicts still disturb the global energy supply, and inflation in developed economies is still at a high level, so imported pressures also need to be vigilant.

  In the next stage, the People’s Bank of China will adhere to the general tone of striving for progress while maintaining stability, organically combine the implementation of the strategy of expanding domestic demand with the deepening of structural reform on the supply side, give prominence to the work of stabilizing growth, employment and prices, maintain a prudent monetary policy that is precise and powerful, give consideration to short-term and long-term economic growth and price stability, internal balance and external balance, strengthen coordination and cooperation among policies, and promote the effective improvement of quality and reasonable growth of the economy.

  Increase credit support for private small and micro enterprises

  Ma Jianyang mentioned that in recent years, due to the repeated impact of the epidemic and the unstable international situation, China’s economy is facing greater downward pressure, making it more difficult for private enterprises to operate. The People’s Bank of China has continuously improved the financing environment of private small and micro enterprises by innovating structural monetary policy tools, improving credit support policies and broadening diversified financing channels.

  In the next step, the People’s Bank of China will adhere to the problem orientation, focus on social concerns, guide financial institutions to treat all types of ownership enterprises equally, and create a better financial environment for the development and growth of private economy and private enterprises.

  First, further increase credit support for private small and micro enterprises, continue to make good use of structural tools and increase efforts. The second is to further expand the scale of private enterprise bond financing. The third is to further improve the financial service level of private small and micro enterprises. The fourth is to further promote the standardized and healthy development of platform enterprises.

  Keep the RMB exchange rate basically stable at a reasonable and balanced level.

  Since 2022, major developed economies such as the United States, the euro zone and the United Kingdom have substantially tightened monetary policy and raised interest rates, which has had a tightening effect on the global financial system, and cross-border funds in emerging market economies are facing outflow pressure.

  Xuan Changneng, deputy governor of the People’s Bank of China, said that the market has certain expectations for the Fed to raise interest rates in 2023. The autonomy and stability of China’s financial system are enhanced, and the expected stability of RMB exchange rate is helpful to buffer and cope with external risks, especially the spillover effect brought by interest rate hikes in developed economies. Generally speaking, the adjustment of monetary policy in developed economies has limited impact on China, and may have greater impact on other smaller emerging market economies.

  With regard to the RMB exchange rate situation, since mid-November, 2022, with the effectiveness of domestic policies and measures to stabilize the economy, measures to optimize epidemic prevention and control and financial support for real estate policies have been introduced one after another, and the market expects that the Federal Reserve will slow down the pace of raising interest rates, the US dollar index has dropped to a high level, and the RMB exchange rate against the US dollar has gradually turned to an appreciation trend. On December 5, the spot exchange rate rose back to within 7.0.

  Xuan Changneng said that the current and future trend of RMB exchange rate will be affected by multiple factors such as domestic and international economic and financial situation, balance of payments, market risk preference, etc., and short-term uncertainty is inevitable. Generally speaking, there is a solid foundation for maintaining basic stability.

  Recently, China’s economy has generally continued to recover, and the epidemic prevention and control has been dynamically optimized. In the context of high global inflation, we have maintained the basic stability of prices. Considering the decline in the economic prosperity index of major economies, the growth rate of China’s trade surplus may have slowed down. Under the comprehensive action of various forces, China’s RMB exchange rate will generally maintain a stable operation. After years of financial reform and opening up, the depth and breadth of China’s foreign exchange market have been greatly improved, the flexibility of RMB exchange rate has been enhanced, market expectations have been stable, cross-border capital flows have been orderly, and international payments have been independently balanced. The RMB exchange rate will continue to remain basically stable at a reasonable and balanced level.

  Digital RMB into M0

  From December, 2022, financial statistics will include digital RMB data in M0 (currency in circulation) statistics.

  In this regard, Xuan Changneng said that the digital RMB is the legal tender in digital form issued by the People’s Bank of China, and like the physical RMB, it is essentially a monetary component. From the point of view of statistics and management, it is necessary to make statistics, combined analysis and overall management of the two.

  Xuan Changneng further stated that in recent years, with the gradual deepening of the digital RMB pilot, the application scenarios of digital RMB have steadily expanded, the transaction amount and stock have also increased, and the relevant management and statistical systems have been continuously improved. Incorporating digital RMB into M0 statistics can more accurately reflect the overall size of currency in circulation. By the end of 2022, the stock of digital RMB in circulation was 13.61 billion yuan, and the year-on-year growth rate of M0 was 15.3% after it was included. (End)