The Annual ESG Action Report has been launched!

Issuing unit

Central Radio and Television Headquarters (Financial Program Center)

support unit

The State Council SASAC

All-China Federation of Industry and Commerce

Institute of Economics of Chinese Academy of Social Sciences

china enterprise reform and development society

Academic support

Responsibility cloud research institute

June 13th, 2023

introduction

  "Environmental, Social and Governance" (ESG) is an enterprise management concept and investment concept put forward by the United Nations in 2004, which emphasizes the coordinated development of economy, environment and society and gives full play to the power of capital to solve social and environmental problems. In the past two decades, ESG concept has been widely practiced and promoted by governments and market players around the world, and has become one of the mainstream investment concepts and practical strategies in developed countries and emerging market countries. According to the prediction of relevant institutions, by 2025, the global ESG assets will reach 53 trillion US dollars, accounting for 1/3 of the global asset management scale. With the deepening of the global consensus on sustainable development, the requirements of society for enterprises in green development, energy conservation and emission reduction, social responsibility, honest management and compliance management are becoming more and more strict. Promoting ESG practice has become an inevitable choice for enterprises in the new era, which will help enterprises to form differentiated competitive advantages and help the world to make positive changes.

  As the second largest economy in the world, China has been promoting the practice of ESG with a positive attitude in recent years. Since the 19th National Congress of the Communist Party of China, China has attached great importance to the modernization of harmonious coexistence between man and nature, and firmly promoted green and low-carbon development. The 20th National Congress of the Communist Party of China put forward the great goal of building a socialist modern country in an all-round way and comprehensively promoting the great rejuvenation of the Chinese nation with Chinese modernization. At present, China is in a critical period of building a socialist modern country in an all-round way and realizing the great rejuvenation of the Chinese nation. Based on the new development stage, implementing the new development concept, building a new development pattern and promoting high-quality development are the tasks that must be grasped at present and in the future. The value core of economic prosperity, environmental sustainability and social equity advocated by ESG is highly compatible with China’s important strategic goals such as high-quality development, common prosperity and "double carbon". These important strategic objectives have explored the road, pointed out the key points and deepened the content for the practice of ESG concept in China, and provided a grand stage for the development of ESG in China. Whether the "double carbon" goal focuses on the environment, rural revitalization emphasizes social equity, or common prosperity pays comprehensive attention to economy and society, it provides rich connotations and broad space for ESG’s practice in China. It is imperative to build an ESG system with China characteristics, improve China’s influence and voice in the global ESG system, and make a clear direction for the future development of ESG.

  In order to thoroughly implement the spirit of the 20th Congress of the Communist Party of China, practice the responsibility of mainstream media, promote the construction of ESG system with China characteristics, and enhance China’s influence in the global ESG field, the Central Radio and Television General Station, together with the State-owned Assets Supervision and Administration Commission of the State Council, the All-China Federation of Industry and Commerce, the Institute of Economics of the Chinese Academy of Social Sciences, and the China Enterprise Reform and Development Research Association, launched the "China ESG (Corporate Social Responsibility) Release" and the model ceremony project in 2023. By establishing an ESG evaluation system that is in line with international standards and national conditions, we will comprehensively evaluate the listed companies in China that have great influence on China A-shares and Hong Kong stocks, publish thematic reports of different dimensions one after another, summarize and publicize the excellent practices of ESG, and hold the annual ceremony of "China ESG Model" at the end of the year, in a matrix form throughout the year, to convey the voice of responsibility and spread the value contribution, guide China enterprises to improve the ESG construction level with the power of example, and provide assistance for the high-quality economic and social development of China. Through this project, we are committed to leading more China enterprises to the road of high-quality sustainable development, taking ESG as the inevitable requirement of the new era, and pushing the society towards a future of harmonious coexistence and long-term common prosperity between man and nature.

  We can see that under the guidance of the national strategy, China enterprises have started a new era of actively responding to the ESG concept and comprehensively improving their ESG level. "China ESG (Corporate Social Responsibility) Release: Annual ESG Action Report" is the first achievement in the year. It is found that the overall level of ESG development of large companies in China and the proportion of outstanding enterprises are comparable to those of large enterprises in the world, and the leading enterprises in various industries lead the sustainable development. At the same time, more and more enterprises attach importance to ESG. Many enterprises gradually establish an ESG management system, integrate ESG management requirements into business management, issue ESG reports in time, actively respond to national strategies, ensure information security, promote scientific and technological innovation, implement the "double carbon" goal, participate in charity, protect employees’ rights and interests, and help sustainable management and value creation with a heavy sense of responsibility. It can be predicted that practicing ESG concept and promoting sustainable development will become the "proposition of the times" and "value consensus" of China enterprises. Under the wave of ESG, China’s ESG regulatory policy has been gradually improved, ESG rating has been continuously optimized, ESG investment has continued to grow, and China’s ESG system construction has made positive progress. China enterprises will certainly be able to move forward bravely in the process of promoting Chinese modernization, providing strong support and guarantee for serving people’s better life and helping high-quality and sustainable economic and social development.

technical proposal

  The research path is as follows: based on the theory of sustainable development, economic externality and stakeholder theory, construct the "trinity" ESG evaluation model of environment, society and governance; Seriously study the Party’s Report to the 20th CPC National Congress spirit, study domestic and international standards and guidelines, benchmark the mainstream ESG rating system at home and abroad, and build an ESG evaluation index system that is in line with international standards and national conditions; Collect enterprise ESG information based on open channels, conduct content analysis and quantitative analysis, calculate ESG index score, select "Pioneer 100" enterprises of ESG listed companies in China (hereinafter referred to as "Pioneer 100" enterprises) with perfect ESG governance, strong practice and remarkable results, and complete "China ESG (Corporate Social Responsibility) Release: Annual ESG Action Report" (see Figure 1).

  I. Theoretical model

  Theory of sustainable development: The production and operation of enterprises should pay attention to environmental and social influences, and pursue development that not only meets the needs of contemporary people, but also does not harm the ability of future generations to meet their needs.

  Economic externality theory: negative externalities will make enterprises face policy risks, while positive externalities will enhance enterprise value and bring reputation assets to enterprises. Enterprises adhering to the ESG concept will reduce their negative externalities, increase their positive externalities, reduce the risk of losses and enhance the value of enterprises.

  Stakeholder theory: Stakeholders are all individuals and groups that can affect the realization of an organization’s goals or are affected by the process of an organization’s realization of its goals. The interest expectation, interest conflict, interest balance and relative power of various stakeholders in an enterprise will affect the sustainable operation and value creation of the enterprise.

  Based on this, when we build an ESG evaluation model, we break the conventional thinking that the existing mainstream ESG rating system focuses on ESG risk management (that is, the negative externalities of enterprises), and take into account the positive value and contribution of enterprise management and development to the social environment (that is, the positive externalities of enterprises), and innovatively build an ESG evaluation model that includes three dimensions of "environment, society and governance" and takes into account both risk management and social value contribution (see Figure 3).

  Second, the index system

  Under the guidance of the Party’s Report to the 20th CPC National Congress, the Outline of the 14th Five-Year Plan and the Government Work Report in 2023, we have thoroughly benchmarked 13 domestic and foreign ESG standards such as GRI Standards (2021 Edition) organized by Global Reporting Initiative, Guidelines on Environmental, Social and Governance Reports of the Hong Kong Stock Exchange, and morgan stanley capital international (MSCI), S&P Global, China Securities and China Securities. According to the principle of connecting with the international and applying to the local, the ESG evaluation topic is set, and the general index system and the sub-industry index system are refined. Based on this, a general index system including 3 first-level indicators, 19 second-level indicators and 127 third-level indicators is constructed. Among them, 63.78% of the indicators are in line with international standards, 92.13% are in line with relevant domestic standards, and 25.20% are social value indicators with local characteristics. The response to China’s characteristics is mainly reflected in the construction of modern industrial system, new industrialization, rural revitalization, coordinated regional development, "Belt and Road", innovation-driven, employment promotion, public crisis response, information security and public services.

  At the same time, considering the great differences in the importance of ESG risk issues in different industries, in order to ensure the scientificity of evaluation, the ESG index system of different industries is constructed according to the characteristics of national economy industry classification (GB/T 4754-2017).

  Third, the evaluation sample

  Taking more than 6,400 China listed companies with A shares and Hong Kong stocks as the sample pool as of April 30, 2023, we selected the top 30% companies in terms of market value and published ESG reports on April 30, and comprehensively screened them according to the influence of listed companies, ESG activity and other factors, and finally selected 855 listed companies as the evaluation targets.

  IV. Sources of information

  The sources of information mainly include the public information of enterprises in the current year and the third-party information.

  1. Enterprise public information

  Including annual ESG report, annual social responsibility report, annual sustainable development report, annual special report (including environmental report, public welfare report, rural revitalization report, overseas report, etc.) and annual report of enterprises.

  2. Third party information

  Including official websites such as State Administration of Market Supervision, Ministry of Ecology and Environment, China Securities Regulatory Commission, Shanghai Stock Exchange, Shenzhen Stock Exchange, Beijing Stock Exchange, National Enterprise Credit Information Publicity System, Credit China, and professional databases such as Wind and Dibo.

  V. Exponential Synthesis

  1. Weight setting

  According to the differences of different industries’ impacts on the social environment, taking into account the international general principles and the local actual situation, the weights of the first, second and third level indicators of each industry are set.

  2. Index scoring

  Classify qualitative indicators and quantitative indicators, and assign points by judging whether there is or not, comparing and scoring relative values in the industry, etc.

  3. Negative deduction

  Consult experts’ opinions, judge the negative events of enterprises during the evaluation period, deduct points or "veto by one vote", and adjust the evaluation results.

  VI. Grading

  In order to intuitively reflect the ESG level of enterprises, the ESG index is divided into eight levels, namely, five-star excellent level, five-star, four-and-a-half-star level, four-star level, three-star level, two-star level and one-star level. See Table 1 for the corresponding star level and ESG development level of various enterprises.

"Pioneer 100 China ESG Listed Companies" Enterprise

  Through analysis, 100 listed companies such as China Mobile, China Resources Power, China Petrochemical, baoshan iron & steel, Fosun International, Yili, China Ping An, Geely Automobile, Mengniu Dairy and Mindray Medical were selected as "Pioneer 100 of ESG Listed Companies in China".

Main findings of ESG action of China enterprises

  1.855 outstanding listed companies in China have the same ESG development level as the whole world, with 35% at the leading level.

  Taking China listed companies with A shares and Hong Kong stocks as the sample pool as of April 30, 2023, 855 listed companies were selected as the evaluation objects according to the market value scale, report release, influence and ESG activity of listed companies, and ESG comprehensive evaluation was conducted. The analysis found that about 35% of the 855 enterprises have reached the leading level (MSCI global is 28.5%). 48% is in the middle level, and there is still room for improvement (MSCI global is 53%); Another 17% is at a backward level (MSCI is also 17% globally). To sum up, the development level of ESG of listed companies in China is comparable to that of global enterprises.

  2. "Pioneer 100" enterprises lead the sustainable development, with an average ESG index of 75.8 points.

  The average score of ESG index of "Pioneer 100" enterprises is as high as 75.8 points, which is at the leading level as a whole and leads the sustainable development of listed companies in China in an all-round way. Among them, two companies are at the level of five-star class, which is the model of ESG development of listed companies; 16 companies are at the five-star level, and they are outstanding in ESG development of listed companies; 77 companies are at the level of four-star and half-star, which is the leader of ESG development of listed companies; Five companies are at the four-star level and have excellent ESG overall performance. At present, ESG has entered a period of accelerated development in China. With the promotion of regulatory authorities, investment institutions, rating agencies, research institutions and other forces, the head listed companies have significantly improved their understanding of ESG and paid more and more attention to ESG work.

  3. The development of ESG in state-owned enterprises is generally leading, and private enterprises in the head shine brilliantly.

  Among the "Pioneer 100" enterprises, the number of state-controlled listed companies accounts for about 60%, and the average score of ESG index is 76.1; About 40% of private listed companies have an average score of 75.3 on ESG index. Judging from the number of "Pioneer 100", the ESG work of state-owned enterprises is generally leading, which is largely due to the high attention paid to ESG work by the State Council State-owned Assets Supervision and Administration Commission. Since 2021, the State Council State-owned Assets Supervision and Administration Commission (SASAC) has promoted the central corporate social responsibility work and ESG work as a whole. By 2022, a special social responsibility bureau was set up to further strengthen the promotion. Under the guidance of State-owned Assets Supervision and Administration Commission of the State Council, Guangdong, Shanghai, Shanxi, Sichuan, Yunnan and other local SASACs have also included ESG in their work, which has promoted the ESG work of state-owned enterprises to enter a period of accelerated development.

  Although the number of private listed companies selected as "Pioneer 100" enterprises is less than that of state-owned enterprises, the average score of ESG index is almost the same as that of state-owned enterprises. Fosun International, China Ping An, Geely Automobile and Mindray Medical are among the top ten "Pioneer 100" enterprises, and their outstanding performance in ESG field provides a model for private listed companies to carry out ESG work.

  4. "Pioneer 100" enterprises are distributed in 12 industries, with manufacturing accounting for half of the country.

  From the perspective of industry distribution, "Pioneer 100" enterprises are distributed in 12 industries, among which manufacturing enterprises account for half of the country, and five manufacturing enterprises rank in the top ten of "Pioneer 100" enterprises. Comparatively speaking, manufacturing enterprises often bear greater environmental responsibility, employee responsibility and safety responsibility. Fierce market competition and strict regulatory requirements, especially the proposal of "double carbon" goal, all push manufacturing enterprises to catch up, change their development concepts, prevent ESG risks and create ESG value.

  Electricity, heat, gas and water production and supply industries account for about 10%. Some energy enterprises with great pressure on environmental protection and safety have incorporated ESG ideas into their business operations during the transformation process, thus boosting their sustainable development. For example, China Electric Power, a subsidiary of China Power Investment Group, is committed to establishing a good ESG risk management system to improve the performance of sustainable development issues and promote effective management, and its board of directors actively promotes a "top-down" culture to ensure that the management will incorporate ESG into the decision-making process and business operations. In addition, the number of enterprises in financial industry, information transmission, software and information technology service industry is also outstanding, which has set an example in ESG management and practice.

  5. Beijing and Shenzhen have become the highland of ESG development, demonstrating the role of demonstration and driving.

  In terms of geographical distribution, nearly 80% of the "Pioneer 100" enterprises are concentrated in Beijing-Tianjin-Hebei, Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta, of which 36 are located in Beijing-Tianjin-Hebei, 26 in Guangdong-Hong Kong-Macao Greater Bay Area and 15 in the Yangtze River Delta. These areas are the frontiers of China’s opening to the outside world, and they are highly integrated with the world economy. Enterprises located here came into contact with the ESG concept originated in the West earlier, and ESG work started earlier, so ESG performed better.

  From the perspective of cities, the proportion of "Pioneer 100" enterprises in Beijing, Shenzhen, Shanghai and Guangzhou has reached about 60%, with Beijing accounting for the highest proportion. Beijing (30), Shenzhen (16), Shanghai (8) and Guangzhou (6) are becoming the first demonstration areas for ESG construction.

  6. China enterprises actively respond to national policies, and national strategies lead the development direction of ESG.

  ESG can effectively guide important participants in the capital market to pay attention to social and environmental issues while creating economic value. Under the guidance of national strategies such as carbon neutrality and common prosperity, the construction of ESG system with China characteristics is accelerating. It is found that under the "top-down" system guarantee and policy promotion, the development direction of local ESG is clearer and the power is stronger. Our ESG evaluation system is based on local conditions and reflects ESG values with China characteristics. Ten characteristic indicators are specially set, including modern industrial system construction, new industrialization construction, rural revitalization, regional coordinated development, "Belt and Road", innovation-driven, employment promotion, public crisis response, information security, and public services, with a view to guiding listed companies in China to change their thinking, be inclusive, be brave and take action.

  Taking the Belt and Road Initiative as an example, this initiative will help relevant countries to build a community of interests, destiny and responsibility with political mutual trust, economic integration and cultural tolerance, which is of far-reaching and lasting significance for maintaining world peace and stability and promoting prosperity and development. It is found that the large listed companies in China play a leading role and actively participate in building the "Belt and Road" through trade, investment, finance and infrastructure, thus contributing China wisdom and China’s strength to global sustainable development. For example, CRRC relies on the "Fuxing" Chinese standard EMU technology platform with the highest commercial operation speed in the world to tailor high-speed EMUs for Jakarta-Bandung High-speed Railway to adapt to the local operating environment and line conditions, showing the good image of China Railway, China Manufacturing and China Equipment; In the decade from 2013 to 2022, Northern International has signed more than 120 overseas projects to build rail transit, power facilities, petroleum and mineral facilities, municipal housing construction, agriculture and people’s livelihood and other infrastructure for countries along the Belt and Road.

  7. China enterprises actively implement the "3060" goal and seek a green future by "carbon"

  With the introduction and improvement of peak carbon dioxide emissions’s carbon-neutral "1+N" policy system, coping with climate change has been incorporated into the national strategy and top-level design. It is found that 26 "Pioneer 100" enterprises have formulated a special system to implement the "double carbon" goal, and nearly 90% have formulated goals, strategies, plans or action routes around the "double carbon" issue. For example, Dongfang Electric has formulated the "peak carbon dioxide emissions Carbon Neutralization Action Plan", set up a leading group for green environmental protection, and set up a carbon neutrality research center in peak carbon dioxide emissions to coordinate green and low-carbon development; Xinao Energy has formulated six major emission reduction actions: urban gas methane management, low-carbon trade and transportation, energy structure transformation of universal energy business, system energy efficiency improvement, green technology application and green office, and issued "Green Action 2030" to clarify the company’s short-term and medium-term carbon reduction targets by 2030 and long-term targets by 2050.

  At the same time, more than 70% of the "Pioneer 100" enterprises disclosed their annual greenhouse gas emissions, especially the manufacturing enterprises with high environmental sensitivity, and the disclosure rate of greenhouse gas emissions reached 76%. According to statistics, the disclosure rates of carbon-related indicators in Europe, America and Asia-Pacific are 80%, 74% and 62% respectively. Green development and low-carbon development have been integrated into the development strategy of enterprises in China. Large enterprises actively implement new development concepts and accelerate the green transformation of development methods. The performance of ESG leading enterprises in China in coping with climate change has reached the international leading level.

  8.ESG leading enterprises pay attention to work-life balance, with 9 paid annual leave per capita.

  Employee responsibility is the core issue of social responsibility (S) dimension, and paid vacation is an important embodiment of employee rights and benefits, and it is also an important indicator under the topic of "work-life balance" that is of universal concern around the world. About 20% of the "Pioneer" 100 enterprises disclosed the number of paid annual leave days per capita. It is estimated that the average paid annual leave days per enterprise in 2022 will be about 9 days. It is particularly worth mentioning that the average paid annual leave days of CSDCC, China Resources Cement Holdings and Hegang reached 14 days, 13.6 days and 12 days respectively. Paying attention to the work-life balance of employees and solidly promoting the construction of harmonious labor relations are the common goals and pursuits of ESG leading enterprises.

  9. Stable employment helps the economy to move forward. The average number of new jobs in "Pioneer 100" enterprises exceeds 10,000.

  Under the background of the global economic downturn, rising unemployment rate and the rising trend of layoffs, absorbing employment reflects the responsibility and responsibility of enterprises. "Pioneer 100" enterprises take the initiative to attract new graduates, migrant workers, veterans and other key groups to find jobs, help laid-off employees to obtain new employment opportunities, and drive the upstream and downstream of the industrial chain to create a large number of employment opportunities. The data shows that more than 60 companies disclosed the number of employees they absorbed in 2022, totaling about 650,000, and the average number of employees absorbed by each company exceeded 10,000. For example, in 2022, the number of new employees in China Petrochemical Company was 20,891. In addition, ESG leading enterprises also take the initiative to shoulder their responsibilities and actively promote employment in the industrial chain. For example, Yili Co., Ltd. promoted the employment of dairy farming industry by 651,833 person-times.

  10. Under the social dimension, China enterprises actively contribute to rural revitalization and charity, and private enterprises perform brilliantly.

  Rural revitalization is an important strategy for China’s economic development and modernization, an inevitable choice for all people to achieve common prosperity, an important topic for the United Nations sustainable development 2030 goal, and an important measure for China enterprises to create social value. It is found that listed companies actively participate in rural revitalization, and help rural industries, talents, culture, ecology, organization and other comprehensive revitalization by participating in infrastructure construction, supporting characteristic industries, carrying out skills training, and setting up support funds. Among them, nearly 70% of the "Pioneer 100" enterprises disclosed the investment in rural revitalization in 2022, with a total investment of about 4.5 billion yuan and more than 2,800 projects. For example, in 2022, China Jiaojian invested 266 million yuan in free assistance funds in designated assistance areas; In 2022, Mengniu Dairy promoted the planting of more than 6 million mu and 12 million tons of high-quality forage grass in China, promoted the breeding of more than 1.7 million cows, and distributed nearly 32 billion yuan of milk, driving farmers to increase their income and become rich.

  In addition to the investment in rural revitalization, it is an important action for enterprises to create social value and an active choice for enterprises to practice social responsibility. With the encouragement and support of the All-China Federation of Industry and Commerce, private enterprises have actively participated in glorious and public welfare undertakings, and made outstanding contributions to China’s characteristic public welfare undertakings. Statistics show that "Pioneer 100" enterprises invested more than 12.6 billion yuan in charity in 2022, among which 37 private listed companies invested more than 8.5 billion yuan in charity, and private enterprises performed brilliantly in charity donation. For example, Mindray Medical announced that it will invest 1 billion yuan to build a new campus for Dangshan Middle School to help the development of rural education.

  11. Symbiosis with innovation, China enterprises promote sustainable development with technological innovation.

  Technological innovation is the first driving force for the transformation of old and new kinetic energy of the economy and the realization of high-quality development. Accelerating the implementation of innovation-driven development strategy is not only the strategic requirement of the country, but also the internal demand of enterprises themselves, which is conducive to enhancing the sustainable development capability of enterprises and laying a solid foundation for industrial transformation and upgrading and sustainable development. The study found that the total investment of "Pioneer 100" enterprises in R&D in 2022 exceeded 500 billion yuan. From the industry point of view, the six selected enterprises in information transmission, software and information technology services all invested more than 10 billion yuan, far ahead; Geographically, the average R&D investment of enterprises in Beijing-Tianjin-Hebei region exceeds 9 billion yuan, ahead of Guangdong-Hong Kong-Macao Greater Bay Area, Yangtze River Delta, Western Triangle and other regions; From the perspective of cities, the average R&D expenditure of enterprises in Hangzhou, Ningde and Shenzhen ranks in the top three. "Pioneer 100" enterprises have vigorously promoted intelligent upgrading and green manufacturing, and have been at the forefront of the world in the fields of 5G information technology and clean energy equipment manufacturing. For example, China Mobile focuses on the frontier and urgent needs of the country, makes every effort to tackle key core technologies, takes the lead in setting up a 5G innovation consortium, shoulders the "chain length" of the modern industrial chain of mobile information, and actively helps China to become self-reliant in science and technology in the field of information and communication; Lenovo strategically increased its R&D professionals by about 5,000 in fiscal year 2021/22, and announced that it would add another 12,000 R&D personnel, while doubling its R&D investment in the next three years.

  12.ESG leading enterprises attach great importance to information security and strictly abide by the bottom line of ESG responsibility.

  In the era of big data, the problem of information security has become increasingly prominent, which has attracted worldwide attention. Ensuring information security is not only related to the interests of enterprises, but also their basic responsibility to practice ESG. It is found that more than 60% of the "Pioneer 100" enterprises have issued rules and regulations on information security, and nearly 40% have established information security management committees or working groups in their organizational structures. Some enterprises have invested in information security funds and conducted training to enhance the information security awareness of all employees. For example, the Agricultural Bank of China has formulated and implemented the Measures for the Management of Network Security, established a three-level network security organizational structure of "Science and Technology and Product Innovation Committee-Science and Technology Department-Professional Office", and set up data security centers in the head office and branches to closely weave digital security protection networks; Aauto Quicker has implemented strict data security management protocols, implemented user privacy protection, data classification, supervision, emergency response and third-party management, and established an information security committee to continuously strengthen information security and privacy risk management.

  13. China enterprises adhere to the guidance of party building and improve ESG governance with China characteristics.

  The core of the great innovation of corporate governance theory with China characteristics lies in strengthening the leadership of the Party, which is also the unique advantage of China enterprises in accelerating the construction of world-class enterprises. It is found that China enterprises embed the corporate party organization into the corporate governance structure, and establish and improve the corporate governance mechanism with China characteristics, which has its own responsibilities, coordinated operation and effective checks and balances, so as to promote the compliance construction of enterprises, enhance the awareness of sustainable development and promote ESG work. For example, China Tonghao continues to improve the party building cultural system of "one branch with one feature" and "one party member with one flag", and carries out in-depth practical activities on the theme of "strong vitality, creating good results and promoting growth", focusing on the entry point and force point for party building to integrate into production and operation, and ensuring the high-quality development of enterprises with high-quality party building; Cosl, a subsidiary of CNOOC, China, integrated the leadership of the Party into the whole process of corporate governance, fulfilled the pre-procedure of the Party Committee for making decisions on major issues, improved the corporate governance mechanism with the "three meetings and one layer" as the starting point, and promoted the modernization of corporate governance system and governance capacity.

  14.ESG overturns the reform of executive compensation, and "Pioneer 100" enterprises actively explore the link between compensation and ESG performance.

  With the gradual popularization and promotion of ESG investment concept around the world, the linkage between executive compensation and ESG performance has become a trend and may gradually become the norm. Some large foreign enterprises have urged the management and management to actively improve ESG performance by means of "linked compensation" assessment and incentives. According to statistics, in 2022, the proportion of companies linking ESG targets with executive compensation in Russell 1000 Index has reached 28%. The analysis of "Pioneer 100" enterprises shows that more than 20% of listed companies link management compensation with ESG, which urges management to promote the implementation of ESG. For example, baoshan iron & steel, a subsidiary of China Baowu, incorporated ESG performance indicators into the executive incentive and compensation plan, and took reward and punishment measures according to the annual ESG evaluation results; China Resources Land, a subsidiary of China Resources Group, has linked the executive compensation with the work of safe production in order to establish an effective and normalized sustainable development management system. Fosun International has established relevant mechanisms to link ESG performance with the remuneration of directors and senior management, among which "ESG assessment indicators" of executive directors (including ESG rating, ESG system construction, responsible investment management, carbon neutral management and ESG risk management) account for 10% of the overall performance assessment.

  15. "Pioneer 100" enterprises focus on improving ESG management system to inject momentum into sustainable development.

  ESG management system is the foundation for enterprises to promote ESG work. Establishing and improving the normalization mechanism of ESG management can effectively guide enterprises’ ESG work and improve the quality of ESG information disclosure. It is found that about 75% of Pioneer 100 companies have set up ESG committees or ESG leading groups at the board level, which is much higher than 54% of FTSE 100 companies. Large listed companies increasingly realize that improving the top-level architecture is the key to promoting ESG work. At the same time, among the "Pioneer 100" enterprises, over 30% have established ESG special system, about one-seventh have established ESG index system, and nearly 50% have carried out ESG special training. More and more listed companies gradually standardize ESG management system, improve ESG management ability, promote practice through management, improve ESG work level and enhance the resilience of sustainable development. For example, State Grid Yingda, a subsidiary of State Grid, has established a four-level ESG organization and management system, including the board of directors, management team, and ESG implementation team. The chairman of the board is the highest person in charge of ESG work, actively participates in external ESG special series training, continuously improves the ESG index system, and optimizes ESG management; Guodian Power, a subsidiary of National Energy Group, set up an ESG management leading group as the leading organization, and formulated the Management Measures for Environment, Society and Corporate Governance to ensure the institutionalized and systematic operation of ESG.

  16. ESG information disclosure of enterprises in China is becoming more and more standardized, and ESG reports are substantive, comparable and balanced.

  ESG information disclosure is very important to promote the sustainable development of enterprises. By presenting the environmental, social and governance (ESG) behaviors of the enterprise completely, openly and transparently, the enterprise can win the trust of investors, attract more investment, and improve its brand image and social reputation. Mainstream international organizations, such as Global Reporting Initiative (GRI) and International Council for Sustainable Development Standards (ISSB), continue to improve ESG information disclosure guidelines to help standardize ESG information disclosure. The research shows that more than 95% of the ESG reports of Pioneer 100 enterprises list the relevant contents of substantive issues analysis to ensure that the core ESG issues are fully disclosed in the report. Nearly 80% of the ESG reports of "Pioneer 100" enterprises disclosed the key performance data for three consecutive years or more, effectively transmitting the improvement of ESG performance to the capital market. More than 90% of the "Pioneer 100" companies actively disclose many negative information such as environmental pollution, safety production, employee turnover, product recall, administrative punishment, etc., so as to avoid misleading the report readers and ensure the balance of ESG information disclosure. Half of the "Pioneer 100" companies’ ESG reports were evaluated by third-party reports, such as China Chemical, Maanshan Iron and Steel Co., Ltd. and Yiling Pharmaceutical Co., Ltd., which applied for the rating of enterprise ESG reports to promote management and continuously improve the level of report preparation. Based on the comparative analysis,We believe that high-level ESG information disclosure should meet the requirements of substance of the topic, comparability of data, balance of information, completeness of content, timely release and verifiability of reports. The standardization of ESG reports of Pioneer 100 enterprises has reached a high level, but it is still necessary to pay attention to the evaluation of third-party reports and improve the quality of ESG reports.

ESG Action Proposal of China Enterprises

  At present, with the deepening of the national green and low-carbon strategy and the open development of the financial market, China’s ESG development has rapidly entered the "fast lane" and achieved certain results. However, compared with western developed economies, it still faces some problems such as insufficient understanding, imperfect rules, insufficient constraints, inadequate system and insufficient practice. As the main body of the capital market and the practice of ESG concept, enterprises should conform to the development wave of ESG, explore the compatibility of ESG localization with international rules, play a subjective role in investment and business, actively carry out ESG practice, and promote the rooting and healthy development of ESG concept in China. On the basis of systematically combing the development status of ESG of listed companies in China, we put forward the following suggestions on how to further improve the ESG work level of enterprises in China.

  First, based on the national strategy, ESG helps high-quality economic and social development.

  China’s unique historical background, social culture and economic system make it necessary for China to absorb the international ESG experience, integrate its own characteristics and combine with the national development strategy, so as to shape the ESG practice with China color. Only in this way can ESG become a powerful tool to promote the sustainable and high-quality development of enterprises and society in China.

  First, we must deeply integrate into the national strategy.On the basis of defining its own position, enterprises should actively respond to and deeply participate in the national strategic objectives, and put their own development into the historical journey of promoting the great rejuvenation of the Chinese nation with Chinese modernization. For example, the innovation drive is deeply rooted in the core engine of ESG practice, and innovation empowers business models, products and services to form new development momentum; Make full use of resources, technology or industry status, actively participate in major national strategies such as "One Belt and One Road" and rural revitalization, promote coordinated regional development, and shape ESG practice with China characteristics.

  Second, we should promote the construction of ESG ecology in the industry.Enterprises should not only fully participate in the construction of modern industrial system, but also actively promote the new industrialization development strategy and build a win-win cooperation industry ecosystem. Industry leaders need to take on greater responsibilities and form and promote ESG concepts and practices with industry characteristics through transformation and upgrading and coordinated development among industries.

  Third, we must create high-quality people’s livelihood value.Enterprises should closely link products and services with people’s livelihood and well-being, actively create employment opportunities, promote community co-construction and sharing, contribute to charity, and help realize "common prosperity" of society, which has become a key force to promote the deeper and broader development of ESG practice in China.

  Second, improve the level of practice and strengthen the supply chain ESG management

  Enterprises in China should promote ESG practice with higher standards and a more rigorous attitude, and realize the balanced and sustainable development of economic, social and environmental benefits. Enterprises need to establish a strategic goal of comprehensively improving ESG practice level as the basic orientation of sustainable development of enterprises, fully consider the impact on the environment and society when making business decisions, and take corresponding measures to reduce potential adverse effects. At the same time, China enterprises also need to actively participate in the global ESG practice, learn from the best actions, and continuously improve their own ESG performance.

  Supply chain management is an important topic in the development of ESG in the world. APEC and the European Union have successively issued a number of policies to require enterprises to pay attention to the supply chain risks related to ESG and improve the security, stability and sustainability of the supply chain. However, it is found that the proportion of "Pioneer 100 Enterprises" carrying out supply chain ESG review is low. China, as the core of the global industrial chain and supply chain, should shoulder its due responsibilities and drive the upstream and downstream enterprises in the industrial chain to create long-term sustainable value. In the management of supply chain, enterprises should integrate ESG standards into the compliance review of suppliers to ensure that suppliers meet the corresponding standards in environmental protection, social responsibility and corporate governance; We should also provide ESG training and technical support to suppliers on a regular basis, and help suppliers understand and implement ESG best practices by sharing knowledge and technology. In addition, enterprises should also establish long-term partnerships with suppliers to jointly face the challenges of ESG and help the whole industry upgrade ESG.

  Third, improve corporate governance and enhance the "she" power in the top-level structure

  Sound corporate governance is the key to achieve ESG goals, and an effective governance system can guide and promote enterprises to continuously improve on environmental and social issues. High-quality corporate governance has also been proved to improve the economic performance and risk management ability of enterprises, enhance the resilience to meet challenges and promote the long-term sustainable development of enterprises.

  First, we must adhere to the guidance of party building.The leadership of the Party plays an important leading role in corporate governance. It is necessary to better transform the leadership advantage of the Party into governance efficiency, and integrate the leadership of the Party, corporate governance and ESG governance with each other, so as to enhance the "control power" of enterprise decision-makers on sustainable development and promote the in-depth development of enterprise ESG work.

  Second, we should improve the ESG governance structure.Enterprises should establish a decision-making and leadership mechanism for ESG work at the board level, regularly analyze the risks and opportunities of the enterprise’s social environment, examine and approve the company’s ESG strategy and key work, and review ESG major issues. At the same time, under the leadership of the board of directors, an ESG work organization system composed of management and executive layer is established to realize the guidance and supervision of ESG work by management and the implementation of ESG work by executive layer.

  Third, we must strengthen the power of "her".Gender equality is an important topic of the UN Sustainable Development Goal 2030. At the decision-making level and management level, the role of "she" power can not be ignored. The different views and experiences brought by female directors and executives are helpful to improve decision-making efficiency and promote enterprise value creation. However, it is found that the average proportion of female directors and female executives in Pioneer 100 enterprises is 16.7% and 20.2%, both of which are lower than those in developed markets. China enterprises need to improve the diversification of governance structure, actively increase the proportion of female directors and female executives, make good use of "her" power to improve decision-making efficiency and promote enterprise value creation.

  Fourth, improve ESG management, pay attention to planning guidance and system construction.

  An effective ESG management system can help enterprises form advantages in value creation, risk control and market competitiveness; Moreover, this kind of ESG management, which goes deep into all levels and business links of enterprises, can also guide enterprises to form endogenous motivation for social and environmental responsibilities and promote the simultaneous improvement of social and commercial values of enterprises. The action rate of "Pioneer 100 Enterprises" in establishing ESG strategic objectives, formulating ESG special system and establishing ESG index system is still low, which needs to be improved urgently.

  First, make a clear ESG plan.Planning is an important tool for enterprises to define ESG objectives, set work paths and guide work implementation. Enterprises should combine their own business characteristics and market environment, set practical ESG work objectives, and formulate systematic and practical ESG action plans.

  Secondly, we should establish and improve the ESG system.A good system can ensure that ESG planning is implemented and implemented in the daily operation of enterprises. Enterprises should build a "1+N" ESG system with ESG special system as the guide and multi-dimensional specific implementation methods such as environmental protection, product management, customer service, employee responsibility and supply chain management as the constituent elements, clarify the powers and responsibilities of various departments and posts for ESG work, and ensure that ESG concepts are implemented throughout the business process of enterprises.

  Finally, we should build a scientific ESG index system.Enterprises should build a layered, graded and classified ESG index system suitable for the characteristics of industries and companies, provide quantifiable tools for issue identification, report preparation, risk management and performance evaluation, help enterprises to clarify responsibilities, monitor progress and evaluate effects, and promote fine management and continuous improvement of ESG work.

  V. Improve the data disclosure rate, and release ESG related reports before April 30th.

  ESG information disclosure is a comprehensive mapping of enterprise ESG management and practice level. High-quality ESG envelope can not only reduce the compliance risk of enterprises, but also help enterprises gain recognition from consumers, regulators and rating agencies. In recent years, the global requirements for ESG envelopes have become more and more stringent, so it is urgent for China enterprises to further improve the quality and timeliness of ESG envelopes.

  The disclosure of ESG key data is the most important thing to improve the quality of ESG information disclosure. ESG data provides quantitative, clear and comparable information for investors, regulators and the public, enhances the public and investors’ trust in enterprises, and also helps enterprises find and understand the problems and shortcomings of ESG work. The selection of "Pioneer 100 Enterprises" attaches great importance to the performance of key data, and the evaluation system contains a large number of quantitative indicators. China enterprises should establish and improve the ESG data management mechanism to ensure the effective collection, storage and processing of data; It is necessary to improve the quality and comparability of ESG data disclosure and better reflect the status quo and trends of key indicators.

  The timeliness of ESG report release is also crucial. Timely disclosure of ESG information helps investors and other stakeholders to compare and analyze the financial performance and non-financial performance of the company, so as to make timely and accurate investment decisions; It is also helpful for enterprises to discover and deal with ESG risks and opportunities that may be faced in time. In recent years, global regulators have gradually tightened the release time of ESG reports. The Stock Exchange of Hong Kong and Euronext have required that ESG reports of listed companies should be published simultaneously with annual reports. In combination with the requirement of China Securities Regulatory Commission that annual reports of listed companies should be compiled and disclosed within four months from the end of each fiscal year, April 30 is chosen as the deadline for the collection of ESG reports. Therefore, we suggest that listed companies in China should release ESG related reports of the previous year no later than April 30th every year, so as to improve the timeliness of report release. In addition, we should actively participate in the evaluation of third-party reports, improve the quality of ESG reports with the help of professional strength, and then force the improvement of ESG management and practice.

tag

  "China ESG (Corporate Social Responsibility) Release: Annual ESG Action Report", as the first research achievement of "China ESG (Corporate Social Responsibility) Release" and model ceremony project in 2023, will provide a new perspective and guidance for China enterprises to implement ESG practice, followed by a series of thematic reports. At the end of the year, we will also hold the annual ceremony of "China ESG Model", select the top ten "China ESG Model" enterprises, and show their excellent ESG practice cases, with a view to establishing a clear social value orientation, promoting enterprises to continuously optimize ESG practices, and forming a good atmosphere for the whole society to pay attention to and promote ESG.

  In the process of evaluation and implementation, we will always pay attention to the development trend of ESG at home and abroad, and adjust and update the ESG evaluation standards in time to ensure that they are always in line with international standards and national conditions, and accurately reflect the ESG performance of China enterprises. In this process, we will continue to promote the standardization and normalization of ESG in China, and strive to push ESG practice in China to the international level.

  Finally, we sincerely hope that all enterprises in China can actively embrace and practice the ESG concept, constantly improve their own ESG level, carry out ESG practice in a down-to-earth manner, and show their responsibility.

The 40-day Spring Festival travel rush officially kicked off, and they guarded passengers’ safe travel in this way.

Text/Yangcheng Evening News All-Media Reporter Li Zhiwen

At 0: 50 on January 7th, the K4562/3 train with 1813 passengers left Guangzhou Station slowly. This is Guangdong-Hong Kong-Macao Greater Bay Area’s first passenger train during Spring Festival travel rush in 2023, which marks the official start of the 40-day Spring Festival travel rush.

This year, Spring Festival travel rush is the first Spring Festival travel rush after the introduction of the "New Ten Articles" for epidemic prevention and control. The reporter observed in railway stations, airports, passenger stations and other transportation hubs that compared with the previous epidemic period, there have been many new changes in Spring Festival travel rush this year: the green code has not been checked, the nucleic acid has not been looked at, and the passenger pit stop process has become simpler; Wearing masks, protective clothing and gloves-there are fewer fully armed passengers or even out of sight; There are more and more passengers with their families, big bags and small bags, and smiling faces … In order to make passengers travel safely and smoothly, they do this.

Guangdong Provincial Department of Transportation

This year, the Provincial Department of Transportation further strengthened the linkage between departments, improved the working mechanism of Spring Festival travel rush, further sorted out the traffic jams and toll stations, strengthened the road network detection, dispatching and emergency response of important transportation corridors, key nodes and traffic jams and bottlenecks, and improved the rapid response capability.

In order to build a safe Spring Festival travel rush, the Provincial Department of Transportation will continue to implement the "one-day-one-judge" Spring Festival travel rush working mechanism, and coordinate the prevention and control of Spring Festival travel rush epidemic and the guarantee of transportation services. Do a good job in the dynamic intelligent monitoring of operating vehicles, focusing on strengthening the safety supervision of long-distance passenger transport, tourist chartered cars, rural passenger transport and dangerous goods transportation. Do a good job in the source management of passenger stations, and urge passenger stations to strictly implement the "three no-stops and six no-exits" system. Keep a close eye on key nodes such as "passenger ro-ro transportation in Qiongzhou Strait" and "four types of key ships" and strengthen waterway safety supervision.

In order to further improve the service level of Spring Festival travel rush, the transportation system of the whole province will actively carry out voluntary services such as "Warm Winter Action", "Warm Migrant Workers in Spring" and "Spring Breeze Action" to provide information consultation, civilized guidance, tea supply and other services for drivers and passengers in the past, so as to warm passengers’ way home. Strengthen the sanitation and cleaning of transportation stations, provide waiting areas and consulting services for pregnant women, children, sick and disabled passengers, and further improve the waiting environment for passengers. At the same time, strengthen the transportation service guarantee in key periods, and actively organize "point-to-point" transportation such as chartered cars, special trains and charter flights to meet the needs of people returning to work and returning to school.

This year, Spring Festival travel rush’s transportation system will fully implement the latest epidemic prevention and control optimization measures and "Class B and B management" measures of the joint prevention and control mechanism of the State Council, continue to do a good job in the normalization prevention and control of "two stations, one field, one port and one service area", strictly implement measures such as disinfection of passenger stations, service areas and means of transportation, and do a good job in cleaning the environment, ventilation and ventilation. In principle, disinfection and ventilation should be no less than once a day.

At the same time, strengthen the passenger flow organization of passenger stations, guide passengers to wait for passengers and sit in scattered places when conditions permit, and reduce the concentration of people. Long-distance road passenger drivers should try to fix the lines and vehicles during their work, and drivers of long-distance passenger lines and drivers and passengers of important energy transportation channels should try to arrange fixed rest places to prevent cross-infection.

All localities will further optimize the ticketing organization, actively provide contactless services such as mobile terminal ticket purchase and ID card checking, and guide passengers to wait for the bus (ship) and board the bus (ship) in an orderly manner. Strengthen the connection of various modes of transportation, effectively improve the efficiency of combined transport and continuous transfer, and effectively solve the "first and last mile" of passenger travel. Increase the organization and management of rural passenger transport and the delivery of transport capacity, improve the coverage of rural passenger transport lines, and ensure the travel needs of the masses.

Guangzhou Railway Group: The renovation and inspection of locomotives, vehicles, line equipment and station equipment have been completed in an all-round way.

In terms of hardware, Guangzhou Railway Group has strengthened the inspection and maintenance of service facilities and equipment. In front of Spring Festival travel rush, the ticket vending machines, elevators, air conditioners and seats were thoroughly inspected and rectified to ensure that basic services such as environmental sanitation, toilet use and boiled water supply were in place. At the same time, before New Year’s Day, the service "Keep Smooth" project in Guangdong Province was put into use as scheduled. For example, Guangzhou South Railway Station also completed the construction of Spring Festival travel rush Security Project, the west platform completed the optimization of compound security check and exit streamline, and eight channels were added at the security check and exit.

Increase investment in safety equipment. Spring Festival travel rush Former Group Company has completely completed the renovation and inspection of locomotives, vehicles, line equipment and station equipment, so as to ensure that these equipment can run safely and smoothly during their stay in Spring Festival travel rush.

In terms of service upgrading, we adhered to the standards of demand orientation and passenger satisfaction, coordinated Spring Festival travel rush, epidemic prevention, transportation and safety, focused on the service needs of passengers, and introduced 15 measures to facilitate the people and benefit the people, such as adjusting the preferential standard for children’s tickets to age according to their height, and canceling the restriction that students can only buy student discount tickets in winter and summer vacations.

Baiyun Airport: "Spring Breeze Service" Helps Passengers Travel Well

While ensuring the safe operation, Baiyun Airport practiced the "Spring Breeze Service" and launched a series of warm service measures in view of the "key and difficult points" in Spring Festival travel rush’s security work. All units in the frontcourt will strengthen the deployment of manpower, and the security inspection channels will be opened in advance according to the passenger flow situation, and all channels will be opened during the peak passenger flow period to quickly check and release passengers.

During the security inspection in Spring Festival travel rush, according to the actual demand on site, passages for "first passengers", "students returning from winter vacation" and "late passengers" were set up to provide convenience for special passengers such as those who arrive late for some reason and those who are old, weak, sick and pregnant.

Air Service Branch has set up a special service counter and a love counter at the duty officer’s counter at Gate 2 of Terminal 1 and the check-in counter at No.17 on M Island, respectively, to give priority to check-in procedures for passengers in need. For special international passengers, assist in making electronic health declaration and provide customs clearance guidelines.

The customer service center provides "artificial+intelligent" service, responds to passengers’ needs 24 hours a day, and patiently answers questions for passengers. The customer service counters at the airport provide convenient boxes for passengers, and the maternal and child rooms provide free emergency services of baby products for passengers returning home from Spring Festival travel rush. A number of warm-hearted measures meet the needs of the vast number of passengers for a beautiful trip.

Central South Air Traffic Control Bureau: Ensuring the Smooth Lifeline of Air Traffic Control Transmission during Spring Festival travel rush.

In view of the increase in flight volume, parallel epidemic prevention support, and outstanding complex weather during Spring Festival travel rush this year, the Central South Air Traffic Control Bureau properly formulated the support plan, set up the Spring Festival travel rush Support Working Group, organized a mobilization meeting for air traffic control support in Spring Festival travel rush, implemented safety responsibilities, paid close attention to the operation situation, rationally arranged the personnel on duty according to the characteristics of flight flow distribution in Spring Festival travel rush, and established a reserve team for key posts to respond to emergencies at all times.

The Technical Support Center ensures the stability and reliability of air traffic control equipment. Before Spring Festival travel rush, the new version of "Equipment Image Recognition System" was upgraded and deployed to realize intelligent monitoring of air traffic control equipment status and build a "firewall" for equipment support. The Communication Network Center will carry out special inspection of Spring Festival travel rush for air traffic control equipment, strengthen inspection of transmission pipelines, closely monitor the safety of pipelines and cables in construction sections, and ensure the smooth "lifeline" of air traffic control transmission during Spring Festival travel rush.

The Central South Air Traffic Control Bureau is also actively doing a good job in publicizing and training the new version of the emergency plan system and emergency handling cards to ensure that Spring Festival travel rush is foolproof.

Guangzhou Maritime Department: Provide 24-hour information supervision service.

It is understood that the Guangzhou Maritime Department has carried out a comprehensive safety "physical examination" on 105 passenger ferry vessels that have been put into Spring Festival travel rush, focusing on passenger-related vessels and material transport vessels such as Pearl River cruise ships and high-speed passenger ships, preventing vessels from operating "with diseases", and making full use of information means such as VTS, CCTV video surveillance system and supervision and command system, strengthening dynamic control of vessels, and releasing early warning information of bad weather in time to ensure the safety of navigation.

At the same time, we will open up a green channel for the transportation of key materials, strengthen the water transportation organization, provide 24-hour all-weather information supervision service, improve the efficiency of ship turnover and operation, ensure the safe and smooth transportation of key materials such as electric coal and grain, and ensure the production of enterprises and the living needs of residents during Spring Festival travel rush.

In addition, combined with the navigation situation of ships in the jurisdiction, Guangzhou Maritime Department rationally deployed emergency rescue forces in key waters such as the Pearl River Estuary, and did a good job in duty and emergency response to emergencies to fully ensure the safety of people’s water travel.

China Eastern Airlines: Improve the service guarantee for special passengers and actively assist passengers.

During Spring Festival travel rush, the number of elderly tourists and unaccompanied children tourists is expected to increase significantly. China Eastern Airlines has improved various service guarantees from the ground to the air since passengers purchased tickets; At present, an electronic system has been established for unaccompanied children. During the flight, flight attendants record and photograph the details and photos of small passengers, and parents can know the flight situation in real time through China Eastern Airlines official website.

This year, in Spring Festival travel rush, Shenzhen Base of China Eastern Airlines Guangdong Branch cooperated with Shenzhen Airport to launch an accurate tracing service for late-arrival passengers. During the morning rush hour, a special tracing post was set up to accurately find late-arrival passengers through the tracing system based on passengers’ appearance characteristics and security check time, and the attendants at the tracing post and boarding gate formed an effective linkage to actively assist passengers to make the trip.

In addition, passengers who take China Eastern Airlines flights at Shenzhen Airport, if they find that their ID cards and paper boarding passes have been lost after security check, can make a trip smoothly with their electronic boarding passes, and there is no need to leave the airport control area and reissue their boarding passes at the check-in counter.

Air China: Strengthen operation supervision, and continue to do a good job in production organization and emergency response under complex operation environment.

Air China scientifically co-ordinates aircraft, crew and other operational resources, strengthens flight plan management, and formulates detailed flight support plans and emergency plans in combination with weather characteristics such as frequent low temperature, rain, snow and low visibility in winter. By strengthening meteorological accurate forecast, strict flight release standards, and strengthening flight dynamic monitoring and information notification, it integrates Excellence, professionalism, efficiency and sincere service into every link of ensuring passengers’ travel, and fully guarantees the safe, stable and smooth flight operation during Spring Festival travel rush.

Statistics Bureau: In May 2021, the total retail sales of social consumer goods increased by 12.4%, which was 9.3% higher than that in May 2019.

  Cctv newsAccording to the website of the National Bureau of Statistics, in May, the total retail sales of social consumer goods was 3,594.5 billion yuan, a year-on-year increase of 12.4%; It increased by 9.3% compared with May 2019, with an average growth rate of 4.5% in two years. Among them, the retail sales of consumer goods other than automobiles reached 3,225.7 billion yuan, an increase of 13.2%. After deducting the price factor, the total retail sales of social consumer goods actually increased by 10.1% in May, with an average growth of 3.0% in two years. From the ring comparison, the total retail sales of social consumer goods increased by 0.81% in May.

  1— In May, the total retail sales of social consumer goods reached 17,431.9 billion yuan, a year-on-year increase of 25.7%, with an average growth rate of 4.3% in two years. Among them, the retail sales of consumer goods other than automobiles reached 15,630.4 billion yuan, an increase of 24.4%.

  According to the location of business units, in May, the retail sales of urban consumer goods reached 3,131.3 billion yuan, up 12.3% year-on-year, with an average growth of 4.5% in two years. The retail sales of rural consumer goods reached 463.2 billion yuan, an increase of 13.2%, with an average increase of 4.7% in two years. 1— In May, the retail sales of urban consumer goods reached 15,154.6 billion yuan, a year-on-year increase of 26.0%, with an average increase of 4.4% in two years. The retail sales of rural consumer goods reached 2,277.2 billion yuan, an increase of 23.5%, with an average increase of 3.7% in two years.

  By consumption type, in May, the retail sales of commodities reached 3,212.9 billion yuan, up 10.9% year-on-year, with an average increase of 4.9% in two years. The catering revenue was 381.6 billion yuan, an increase of 26.6%, with an average increase of 1.4% in two years. 1— In May, the retail sales of commodities reached 15,652.9 billion yuan, a year-on-year increase of 22.9%, with an average increase of 4.8% in two years. Catering revenue was 1,778.9 billion yuan, up 56.8%, with an average decline of 0.3% in two years.

  1— In May, the national online retail sales reached 4,823.9 billion yuan, a year-on-year increase of 24.7%, with an average increase of 14.2% in two years. Among them, the online retail sales of physical goods was 3,937.7 billion yuan, an increase of 19.9%, with an average increase of 15.6% in two years, accounting for 22.6% of the total retail sales of social consumer goods; In the online retail sales of physical goods, food, clothing and consumer goods increased by 24.2%, 28.2% and 17.0% respectively, with an average increase of 30.5%, 9.3% and 15.9% respectively in two years.

Separate list of newspapers and periodicals management and management of party and government departments in China

First, the central state organs, newspapers and periodicals management separation list

1. Newspapers (50 kinds)

China economic herald, China Reform News, China Education News, Science and Technology Daily, china ethnic news, People’s Public Security News, China Social News, Legal Daily, China Finance News, China Personnel News, China Labor Security News, China Land and Resources News, China Construction News, etc. Farmers Daily, China Township Enterprise News, China Agricultural Machinery Safety News, International Business News, China Culture News, China Heritage News, Health News, China Population News, Financial Times, China Audit News, China Tax News, China Environment News and China Civil Aviation News. China Quality News, China Guomen Times, China Medicine News, China Work Safety News, China Coal News, China Intellectual Property News, China Surveying and Mapping News, China Traditional Chinese Medicine News, China Discipline Inspection and Supervision News, China Archives News, China Ocean News, China Meteorological News, China

2. Journals (75 kinds)

Macroeconomic Management, China Economic and Trade Guide, China Price Yearbook, People’s Education, China Nationalities (Chinese, Mongolian, Uygur, Kazakh, North Korea, English version), Ethnic Pictorial (Chinese, Mongolian, Tibetan, Uygur, Kazakh, North Korea), China Ethnic Work Yearbook, People’s. Legal Publicity Materials, China Finance, China Talents, Labor Security Newsletter, Land and Resources Newsletter, China Land and Resources Yearbook, Urban and Rural Construction, Rural Work Newsletter, WTO Economic Guide, chinese heritage, China Health, Population and Family Planning, and China Family Planning Yearbook., China Civil Aviation, Administration for Industry and Commerce, Yearbook of China Administration for Industry and Commerce, China Forestry, China Quality and Technical Supervision, China Inspection and Quarantine, China Drug Administration, China Drug Administration Yearbook, China Religion, Logistics of Chinese Organs, Taiwan Work Newsletter, China Food Economy, etc. Foreign Exchange Management in China, Research on Party Building, Party Building, Current Affairs Report, Current Affairs-Current Affairs Report for Middle School Students, Current Affairs Report for College Students, China United Front, Tibet, China (Chinese, Tibetan and English versions), Contemporary World, Ziguangge, Party Building in Zhongzhi, etc.

Two, the local party and government departments of the journal management separation list (185 kinds)

Greening and Life, Tide of Science and Technology, Urban Management and Technology, Healthy Youth Pictorial, Beijing Geology, Tourism, Sports Expo, Beijing Yearbook, Beijing Agriculture, Beijing Planning and Construction, New Script, Capital Economy, Beijing Statistics, Tianjin Agriculture and Forestry. Hebei Agriculture, Hebei Education, Shanxi Water Conservancy, Shanxi Forestry, Shanxi Science and Technology, Fighting, Shanxi Economic Yearbook, Taiyuan Yearbook, Shanxi Education, China Journal of Ethnic Medicine, Inner Mongolia Medical Journal, Inner Mongolia Radio and Television Technology, Inner Mongolia Water Conservancy, Contemporary. Inner Mongolia Statistics, Liaoning Yearbook, Dalian Yearbook, Everybody’s Health, Jilin Medicine, Jilin Agriculture, Jilin Yearbook, Jilin Building Materials, jilin water resources, Jilin Forestry Science and Technology, Jilin Animal Husbandry and Veterinary Medicine, China Hospital Management, Friends of Farmers Becoming Rich, and Contemporary Sports., Jiangsu Yearbook, Science Popular, Jiangsu Traditional Chinese Medicine, Nanjing Yearbook, Changzhou Yearbook, Jiangsu Agricultural Mechanization, Jiangsu Labor Protection, Drama Monthly, Jiangsu Education, Jiangsu Higher Education, Jiangsu Health Management, Zhejiang Yearbook, Lawyers and the Legal System, and Journal of huaihai medicine, Anhui Science and Technology, Fujian Agriculture, Fujian Forestry, Fujian Education, Audit and Financial Management, Social Work, Price Monthly, Jiangxi Education, Family Health, Travel World, New Airlines, Shandong Industrial Technology, Shandong Water Conservancy, etc. Zhongzhou Construction, Henan Water Conservancy, Henan Land Resources, Henan Agriculture, Green World, Hunan Safety and Disaster Prevention, Hunan Education, Junior Middle School Students, Primary School Guide, Hunan Forestry, Hunan Agriculture, Contemporary Nurses, International Medical and Health Herald, Guangdong Science and Technology of Shenzhen Special Zone, beginning of life, Guangdong Education, Sports Boutique, Guangxi Education, National Art, Selected Medical Works, Youjiang Medicine, andJournal of Guangxi Agriculture, Guangxi Water Conservancy and Hydropower, Southern Land Resources, Friends of Farmers, Guangxi Forestry, Great Science and Technology, Business, Sichuan Education, Sichuan Provincial Situation, Film Review, Guizhou Yearbook, Guizhou Agricultural Mechanization, Guizhou Geology and Yunnan Forestry. Practical Radiology, Shaanxi Forestry, Shaanxi Water Conservancy, Disaster Science, Shaanxi Education, Agricultural Science and Technology and Information, Gansu Traditional Chinese Medicine, Health Vocational Education, Gansu Agriculture, Gansu Forestry, Yinchuan Yearbook, Science and Technology Outlook, Ningxia Education and Ningxia Medical Journal. Xinjiang Culture (D), Inland Earthquake, Xinjiang Animal Husbandry, Xinjiang Animal Husbandry (D), Xinjiang Animal Husbandry (Ha), Xinjiang Animal Husbandry (Mongolia), Xinjiang Agricultural Science and Technology, Xinjiang Agricultural Science and Technology (D), Xinjiang Forestry (D)

Shandong Agriculture and Agricultural Knowledge were merged into one kind of separation of management and management, while Farmer Friends and Northwest Horticulture were merged into one kind of separation of management and management.

 

Notice of Beijing Customs on Printing and Distributing 27 Specific Measures for Beijing Customs to Optimize Business Environment

Jing Guan zong fa [2023] No.54

All units and departments of this customs:

  In order to thoroughly study and implement the Supreme Leader’s Socialism with Chinese characteristics Thought in the New Era, thoroughly implement the spirit of the 20th Party Congress, fully implement the major decision-making arrangements made by the CPC Central Committee and the State Council on optimizing the business environment, further implement the relevant requirements of the "16 Measures for Customs to Optimize the Business Environment" issued by the General Administration of Customs, and combine the actual economic and social development of the capital to continuously create a "domestic leading and world-class" business environment in Beijing, Beijing Customs has studied and formulated the "27 Specific Measures for Beijing Customs to Optimize the Business Environment", which is hereby issued. The relevant requirements are hereby notified as follows:

  First, improve the station and strengthen policy coordination.

  All units and departments should effectively improve their political positions, proceed from the height of stressing politics and the overall situation, thoroughly implement the 27 Specific Measures of Beijing Customs to Optimize the Business Environment, and organically combine them with the 22 measures of the 2023 Beijing Customs Special Action to Promote Trade Facilitation and the 26 measures to promote Beijing’s high-level opening and high-quality development, and make overall plans to ensure that all measures achieve pragmatic results.

  Second, pay close attention to implementation and form a joint effort.

  All units and departments should strengthen the awareness of "a game of chess" and form a working mechanism of performing their duties, grasping and managing together and promoting together. All functional departments should take the initiative to do a good job of up-and-down linkage and left-and-right coordination, and promptly guide the scene to solve practical problems. In case of difficult problems in the process of implementing policies and measures, it is necessary to report to the relevant departments of the General Administration for instructions at the first time. At the same time, it is necessary to carry out policy evaluation in a timely manner, track the effectiveness, and timely form our experience, typical cases and policy suggestions that can be popularized and effective. All customs offices should focus on the concerns of market participants and the society, and do a good job in the implementation of various tasks. They should not only do a good job in the "prescribed actions" of various tasks, but also boldly explore the "optional actions" that are in line with reality, so as to strive for more highlights and more results.

  Third, strengthen research and release policy dividends

  All units and departments should study and implement the theme education of Socialism with Chinese characteristics Thought of the Supreme Leader in the new era, carry out in-depth investigation and study, understand the needs of enterprises in various forms, and get through the "last mile" of serving enterprises. In accordance with the requirements of the Notice of the General Business Department of the General Administration of Customs on Relevant Matters Concerning the Implementation of Article 16 on Optimizing the Business Environment of Customs (Comprehensive Letter [2023] No.67), we should comprehensively utilize traditional media and new media, and combine the activities of "sending the policy to the door", "sending 100 cadres to the grassroots" and "bringing the customs policy into thousands of households" to carry out classified publicity and training for different enterprise groups and the public, so that enterprises can listen.

  I hereby inform you.

Beijing Customs    

June 29, 2023  

27 Specific Measures for Beijing Customs to Optimize Business Environment

  First, continuously improve the efficiency of cross-border logistics

  (1) Deepen the reform of "direct lifting by boat" and "direct loading at port", further optimize the mode and improve the quality, improve the participation and awareness of enterprises on the principle of respecting the wishes of enterprises, and promote the expansion of "direct lifting by boat" and "direct loading at port". Support Beijing airport to explore the pilot mode of "direct lifting" and "direct loading". (Responsible department: Supervision Department)

  (2) Give further play to the advantages of territorial supervision, and give priority to inspection and quarantine of qualified agricultural products if they hit the operation instructions of territorial inspection and inspection, according to the application of enterprises. Carry out the "5+2" scheduled inspection, organize all subordinate customs to set up and make public the local inspection appointment telephone number, and timely carry out the inspection of goods according to the appointment time according to the application of enterprises, so as to reduce the waiting time of enterprises. (Responsible department: Inspection Office)

  Two, support the import of advanced technology and equipment, special items.

  (3) Optimize the import supervision and inspection process, and comprehensively promote the mode of monitoring and inspection of high-tech goods such as vacuum packaging. Strengthen policy propaganda and guide qualified enterprises to apply for high-tech monitoring and inspection. Strengthen information exchange and coordination with local government departments, standardize enterprises in the jurisdiction to fill in application materials and carry out preliminary filing. Track and evaluate the import and export control inspection of enterprises participating in the control inspection mode of high-tech goods such as vacuum packaging, and increase the sense of acquisition of high-tech enterprises. (Responsible department: Risk Control Branch)

  (four) to carry out in-depth investigation and study, to do a good job of policy interpretation, to provide guidance services for the relevant enterprises to handle tax reduction and exemption procedures, so that they should be exempted. (Responsible department: Customs Office)

  (five) to cooperate with the General Administration to improve the functions of the examination and approval and analysis system for entry-exit health and quarantine of special goods. Further promote the "intelligent approval" policy for special items and realize "zero waiting" for the approval of low-risk special items. Improve the risk assessment process and standards for high-risk special goods, and promote the application of "one increase, one decrease and one fixation" measures. (Responsible department: Health Inspection Office)

  III. Promoting the import and export of agricultural, food and energy minerals

  (six) to cooperate with the General Administration of agricultural products risk assessment and quarantine access, and promote the diversification of agricultural products imports. (Responsible department: Animal and Plant Inspection Office)

  (seven) to meet the needs of industrial development, and actively strive for the innovation policy support of animal and plant quarantine system from the General Administration to help the export of agricultural products in the customs area. (Responsible department: Animal and Plant Inspection Office)

  (eight) to implement the diversification strategy of food imports and promote the stability of the international food supply chain. Cooperate with the General Administration to carry out the pre-entry evaluation of meat products exported from Tunisia, Sudan and Morocco and the entry evaluation of aquatic products exported from Tunisia, and do a good job of access control from the source. To undertake the registration review task of overseas food production enterprises issued by the General Administration. (Responsible department: Food Safety Department)

  (9) Continuously optimize the requirements and modes of inspection and supervision, implement "release before inspection" for imported low-risk mineral products and crude oil, implement "enterprise-applied" quality inspection for imported iron ore and cotton, and adopt the inspection results for imported clothing, cement and other commodities. (Responsible department: Commodity Inspection Office)

  Fourth, continue to promote cross-border trade facilitation

  (10) Promote the special action of Beijing Customs to promote trade facilitation in 2023, evaluate the business environment of the World Bank, and continuously improve the level of trade facilitation. (Responsible department: General Office)

  (eleven) to promote the construction and application of "single window" in international trade, in accordance with the deployment of the General Administration, to promote the implementation of liquefied natural gas (LNG) online tax rebate, export goods subsidized/non-tax rebate certificate online verification and other service functions. (Responsible department: Customs Office, General Office)

  (twelve) to support the local port management departments to carry out the pilot construction of "smart ports". Support the establishment and pilot project of Beijing double hub airport integrated service platform. (Responsible department: General Office, Supervision Office)

  V. Helping to build a high-level open platform

  (XIII) Promote the implementation of the comprehensive reform of the Comprehensive Bonded Zone and help the high-quality construction of the Zhongguancun Comprehensive Bonded Zone in Beijing. Promote the "bonded+e-commerce" model to promote consumption replenishment and potential release. We will promote three customs supervision modes of cultural works of art: "warehousing in the region+exhibition outside the region", "exhibition in the region+online transaction" and "bonded exhibition transaction". Promoting the mode of "bonded+quarantine" and improving the supervision efficiency of biomedicine. Promote the "bonded+warehousing" model to help enterprises increase revenue and reduce expenditure. (Responsible department: Enterprise Management Office)

  Sixth, the service free trade agreement will play a better role.

  (14) Do a good job in tracking and analyzing the implementation effect of preferential trade agreements, make classified policies, strengthen targeted policy propaganda and guidance for Beijing advanced certification enterprises, newly implemented member countries and import and export enterprises in related key industries, make full use of rules of origin to enjoy benefits, improve the utilization rate of agreements, further promote the high-quality implementation of RCEP, and continue to promote the reform measures of intelligent examination of certificates of origin and self-service printing to facilitate enterprises to fully enjoy benefits. (Responsible department: Customs Office)

  (fifteen) to further explore and promote the characteristics of the "three wisdom" project, and actively promote the construction of intelligent border and intelligent access, and strive to form a replicable and scalable experience of Beijing. Relying on the international cooperation mechanism, we will actively publicize the concept of "three intelligences" in foreign exchange activities and exchange experience in building "three intelligences". Strengthen the political research and publicity of the "three intelligences" and increase the promotion of ideas and practices. (Responsible department: office)

  Seven, to further facilitate the export tax rebate.

  (16) In accordance with the unified arrangements of the General Administration of Taxation, the electronic interaction of customs declaration and invoice information is promoted by relying on the "single window", so that enterprises can automatically call the customs declaration and invoice information when they declare export tax rebates through the "single window" and the electronic tax bureau, which is convenient for enterprises to declare export tax rebates. (Responsible Department: Data Sub-center)

  Eight, strengthen the cultivation of advanced certification enterprises.

  (XVII) Under the framework of AEO mutual recognition cooperation of the General Administration of Customs, actively promote the implementation of AEO mutual recognition measures and do a good job in relevant mutual recognition evaluation. Focusing on enterprises that have trade relations with countries in the Belt and Road Initiative, member countries of the Regional Comprehensive Economic Partnership Agreement (RCEP), five Central Asian countries and Central and Eastern European countries, we will intensify credit cultivation for cross-border e-commerce and foreign trade integrated service platform enterprises, "specialized and innovative" and headquarters economy enterprises, expand the capacity of key enterprise cultivation libraries, carry out targeted cultivation for key enterprises, improve the quality and efficiency of cultivation, and actively cultivate and increase the number of advanced certified enterprises in customs areas. Through the combination of "online and offline", we will increase the publicity of customs AEO system and customs credit management related systems and expand the scope of publicity. (Responsible department: Enterprise Management Office)

  IX. Expand the application of the voluntary disclosure policy

  (eighteen) with the General Administration of voluntary disclosure policy revision. Enterprises that meet the requirements shall be given a lighter, mitigated or no administrative punishment according to law, and the late payment fee for tax payment shall be reduced or exempted according to law, providing enterprises with convenient channels for fault tolerance and error correction and law-abiding. Actively carry out publicity on the relevant policies of voluntary disclosure to enterprises, so that more enterprises that meet the requirements can enjoy the customs policy dividend. (Responsible department: Inspection Office)

  Ten, promote the upgrading of processing trade.

  (nineteen) in accordance with the unified deployment of the General Administration, innovate the customs supervision mechanism, support the development of new formats such as bonded maintenance and remanufacturing, improve the level of information management, and optimize operating procedures. Combined with the actual situation of processing trade in customs area, relevant facilitation measures are implemented, and suggestions for upgrading processing trade are put forward to the General Administration in various ways to promote the sustained and healthy development of processing trade and the stability of industrial chain and supply chain. (Responsible departments: Enterprise Management Office and Audit Office)

  XI. Promote the sustained and healthy development of cross-border e-commerce

  (20) Implement the comprehensive reform requirements of cross-border e-commerce customs supervision, refine and improve the system and measures of cross-border e-commerce online shopping bonded import supervision, and improve the standardization level of cross-border e-commerce online shopping bonded import supervision. (Responsible departments: Postal Office, Enterprise Management Office)

  (twenty-one) in accordance with the requirements of the General Administration of pilot, timely promote the electronic tax payment function, to facilitate enterprises to handle tax payment business online. (Responsible department: Customs Office)

  (twenty-two) to promote the strengthening of cross-border e-commerce B2B export overseas warehouse qualification mutual recognition with local authorities. On the premise of ensuring data security, provide relevant data services for local commercial departments. (Responsible departments: Postal Office, Statistics Office)

  (23) Implement measures to upgrade the function of the return center warehouse, and strive to pilot the cross-border e-commerce online shopping bonded retail import cross-customs return mode and cross-border e-commerce general export goods cross-customs return. (Responsible departments: Postal Office, Enterprise Management Office)

  XII. Support the development of new bonded maintenance formats.

  (24) In accordance with the relevant regulations of the General Administration of Taxation, support enterprises in the comprehensive bonded zone to carry out bonded maintenance business of the Group’s domestically produced products, and support large-scale equipment such as aircraft, ships and offshore engineering structures imported by financial leasing enterprises registered in the comprehensive bonded zone to carry out bonded inspection and maintenance business outside the domestic area according to the existing regulations, so as to promote the orderly development of related businesses. Cooperate with local commercial departments to do a good job in customs supervision of bonded maintenance related to enterprises outside the comprehensive bonded area that meet the requirements. (Responsible departments: Enterprise Management Office and Audit Office)

  Thirteen, continue to do a good job in technical trade measures consulting services.

  (twenty-five) to carry out the annual statistical investigation of the impact of foreign technical trade measures, actively carry out enterprise publicity, research and comment and special trade concerns. Relying on the "Jingguan Technology and Trade" column and other channels to provide technology and trade information to help enterprises explore overseas markets. (Responsible department: General Office)

  Fourteen, strengthen the customs protection of intellectual property rights.

  (26) Strengthen the customs protection of intellectual property rights of independent brands, encourage independent brands and small and medium-sized enterprises with import and export needs to apply for customs filing of intellectual property rights, provide policy interpretation and rights protection guidance for enterprises, support enterprises to explore the international market, and provide support for enterprises to protect their rights overseas. Continue to carry out "Longteng Action 2023" and "Blue Net Action 2023". Strengthen the tips on intellectual property risks of import and export enterprises, and improve the ability of enterprises to prevent and resolve infringement risks. Provide targeted guidance and services to independent intellectual property enterprises to help cultivate enterprises with export intellectual property advantages. (Responsible department: General Office)

  Fifteen, strengthen the analysis of foreign trade situation and customs statistics services.

  (twenty-seven) to strengthen the import and export monitoring of key commodities, do a good job in foreign trade data release. Timely submit special statistical reports to local governments and statistical information of key commodities to the General Administration. According to the relevant regulations of the General Administration, the foreign trade data of Beijing area are published on the website of Beijing Customs on a regular basis. According to the deployment of the General Administration, we will promote the digital statistical service mode for the public. (Responsible department: Statistics Department)

Innovative drugs "going out to sea" speed-up cooperation mode is more diversified

  Since the beginning of this year, innovative pharmaceutical companies have gone out to sea again. Pharmaceutical companies such as Yaoming Bio, Maiwei Bio and Anrui Bio have announced that they have reached overseas authorized transactions. The insiders believe that intensive overseas authorized transactions fully prove that the R&D strength of innovative pharmaceutical enterprises in China has been recognized by international pharmaceutical companies. The ecological pattern of domestic biomedical industry is being reshaped, and the mode of cooperation with foreign pharmaceutical companies will be more diversified in the future. With the adjustment of industry structure, it is expected that 2024 will be a year in which transactions and mergers and acquisitions among pharmaceutical enterprises will become more frequent.

  R&D strength continues to increase.

  With the rapid development of the industry, the research and development strength of biomedical enterprises in China has been continuously enhanced. According to incomplete statistics, there were at least 120 overseas authorized transactions of innovative drugs in China from 2021 to 2023, with a total transaction amount of nearly $85 billion. In 2024, innovative drugs went out to sea to speed up. As of January 14th, domestic enterprises have completed more than 10 foreign authorization transactions, including many transactions exceeding 1 billion US dollars.

  Genxi Bio has announced that AstraZeneca has completed the acquisition of the company. After the merger, Genxi Bio became a wholly-owned subsidiary of AstraZeneca. AstraZeneca previously said that the acquisition of Genxi Bio will further consolidate AstraZeneca’s strength in the field of cell therapy.

  Since the beginning of this year, several products of Anrui Bio have obtained overseas authorization, including an exclusive option and a global license agreement with AstraZeneca, and the development and commercialization of a new allosteric inhibitor targeting the mutation of epidermal growth factor receptor (EGFR)L858R as a potential new treatment for advanced EGFR mutation non-small cell lung cancer (NSCLC). With the transfer agreement with Avenzo Therapeutics,Inc.(Avenzo) of the United States, Avenzo will gain the global (except Greater China) development and commercialization rights of a cyclin-dependent kinase 2(CDK2) selective inhibitor ARTS-021 independently developed by Anrui Bio, and another pre-clinical project will be submitted to IND (new drug clinical trial) in early 2025.

  Ding Qiang, co-founder and CEO of Anrui Bio, said that through cooperation, the company can obtain significant economic benefits and accelerate the development and listing of innovative drugs.

  Chen Kan, a partner of Qiming Venture Capital, said that the cooperation between Anrui Bio and foreign pharmaceutical companies all involved small-molecule drugs, which on the one hand proved Anrui Bio’s research and development strength, and on the other hand reflected that small-molecule drugs could also be "put out to sea".

  In addition to well-known biotech listed companies, there have been an increase in overseas authorized transactions of small biotech companies such as Yilian Bio, Anrui Bio and Bowang Pharmaceutical, as well as traditional pharmaceutical companies such as Hengrui Pharma and Haosen Pharmaceutical.

  In Chen Kan’s view, China pharmaceutical companies and overseas pharmaceutical companies have reached a heavy cooperation, reflecting the recognition of domestic new drugs by international pharmaceutical companies. At the same time, domestic pharmaceutical companies can get cash support. In the process of cooperation with large international pharmaceutical companies, including joint promotion of clinical trials, China Biotechnology Company can also learn a lot of experience.

  Share risks and obtain resources.

  Ding Qiang said that cooperation with overseas pharmaceutical companies should be based on comprehensive consideration of the company’s strategic objectives, research and development capabilities and market demand. The cooperation between the company’s two pipelines and AstraZeneca and Avenzo Therapeutics is based on comprehensive considerations. Drug R&D costs a lot and risks are high. Cooperation with large pharmaceutical companies can share risks to a certain extent, especially in clinical trials and marketing stages. In addition, cooperation with overseas pharmaceutical companies can obtain many resources, including funds and market channels, which is very important for accelerating product development and commercialization. Of course, cooperation needs to consider whether the goals of both parties are the same, whether they can support their long-term development strategy, and how to protect their intellectual property rights and avoid the loss of core technologies.

  Sinopharm plays an important role in two overseas authorized projects reached by Anrui Bio. It is reported that Sinopharm is an innovative company focusing on helping domestic biomedical enterprises to authorize projects overseas. Ding Qiang introduced that Sinopharm provided the whole process service for the company, from the preparation and modification of materials, strategic analysis and optimization, to assisting Anrui to connect and communicate with potential partners, and to negotiate and negotiate relevant terms, which greatly helped the company to reach overseas authorization.

  For pharmaceutical companies planning to "go out to sea", Jung Lee, senior vice president of business development of Sinogold Pharmaceuticals, suggested that China Biotechnology Company must ensure that the product lines are differentiated and meet the unfinished medical needs. In addition, setting up branches overseas can better understand the current biotechnology trends and cutting-edge scientific progress.

  Ding Qiang said that enterprises planning to go to sea need to have the world’s leading scientific research strength and unique product innovation. At the same time, it is necessary to deeply understand the situation of potential partners, especially the pipeline layout and the overall strategy of the enterprise. Multinational pharmaceutical companies have their own strategic direction and different layouts in different fields of disease treatment. A deep understanding of the business scope, market strategy and corporate culture of their partners can help the two sides establish closer and more efficient cooperative relations. In the cooperation agreement, many terms and details need special attention, including key factors such as intellectual property ownership, economic sharing, milestone payment, etc. It is necessary to make legal risk assessment and compliance preparation in advance to ensure that the cooperation activities meet the requirements of local laws and regulations.

  Watch the three subdivided tracks

  Looking forward to 2024, Chen Kan judged that the number of pharmaceutical companies "going out to sea" in China will remain high. From the past transactions, the clinical data of pharmaceutical companies in China have gained more and more global recognition. Overall, we are optimistic about the three sub-segments of tumor, metabolism and autoimmune.

  Chen Kan believes that it is necessary for most new drug R&D companies to "go out to sea", especially to develop some small varieties of new drugs that are less suitable for people. Drug pricing in overseas markets is relatively high, and pharmaceutical companies "going out to sea" can expand the market and improve the input-output ratio. The domestic pharmaceutical industry will improve in 2024.

  From the perspective of cooperation modes, Chen Kan said that there are more and more cooperation modes for domestic and foreign pharmaceutical companies, including obtaining down payment through overseas authorization, acquisition and joint development. Jung Lee believes that more and more innovative drugs from China will go global, and there will be more transactions between China biotechnology companies and multinational pharmaceutical companies than before.

  Great Wall Securities believes that the "going out to sea" mode of Chinese pharmaceutical enterprises is mainly based on overseas authorization. From January 1 to February 4, 2024, the amount of overseas authorized transactions in China reached 9.146 billion US dollars. In 2024, China’s pharmaceutical "going out to sea" is expected to explode.

Implementation Opinions of Yunnan Provincial People’s Government on Promoting Foreign Trade to Stabilize and Improve

State and municipal people’s governments, provincial committees, offices, departments and bureaus:

  In order to thoroughly implement the spirit of "Several Opinions of the State Council on Promoting Foreign Trade to Stabilize and Improve" (Guo Fa [2016] No.27), actively respond to the complicated and severe situation facing foreign trade, reverse the continuous downward trend of foreign trade, and promote the stabilization and improvement of foreign trade in the province, combined with the actual situation in our province, we hereby put forward the following opinions:

  First, make every effort to promote foreign trade to stabilize and improve.

  (1) Intensify market development. Continue to consolidate traditional markets such as ASEAN, South Asia, the European Union and North America, vigorously explore emerging markets such as Oceania, Africa and South America, accelerate the expansion of national and regional markets along the Belt and Road, and gradually diversify the foreign trade market. Support all kinds of business associations and intermediaries to organize enterprises to participate in well-known exhibitions at home and abroad, and help enterprises meet customers, seize orders and open up markets. Give support to enterprises participating in large-scale exhibitions at home and abroad.(The Provincial Department of Commerce, the Department of Finance, and the Yunnan International Expo Bureau are respectively responsible for their duties.)

  (2) Strengthening the role of an open economic development platform. Give full play to the policies and supporting advantages of export-oriented parks such as national economic and technological development zones, high-tech industrial development zones, comprehensive bonded zones, border economic cooperation zones, cross-border economic cooperation zones, and key development and opening-up pilot zones, promote the formation of a number of foreign trade transformation and upgrading bases with strong driving effects, obvious industrial advantages, distinctive features and perfect public service system, accelerate the transformation of foreign trade development mode, and improve the quality and level of foreign trade development. We will promote the construction of demonstration zones for the quality and safety of agricultural products exported at the county level, improve the quality and safety level of agricultural products, enhance international competitiveness, and promote the steady growth of agricultural products exports. Support the identified provincial-level foreign trade transformation and upgrading bases and county-level export agricultural products quality and safety demonstration zones. Promote the continuous operation of China-Europe trains, encourage enterprises to export products to Europe through China-Europe trains, reduce the comprehensive cost of enterprises, enhance the international competitiveness of our products exported to Europe, and expand the scale of exports to Europe. Give support to transport enterprises through China-Europe trains.(Provincial Department of Commerce, Development and Reform Commission, Agriculture Department, Finance Department, Industry and Information Technology Commission, kunming railway administration, Kunming Customs and Yunnan Entry-Exit Inspection and Quarantine Bureau are respectively responsible according to their duties)

  (3) Promoting the coordinated development of foreign investment and foreign trade. Taking various development zones, industrial clusters, characteristic parks and special customs supervision zones as carriers, we will increase the investment attraction of large export-oriented projects, promote the undertaking of cluster and industrial chain projects, and improve the quality of foreign investment introduction. Actively guide foreign investment in biomedicine, advanced equipment manufacturing, new materials, modern logistics, food and consumer goods manufacturing, plateau-featured agricultural products, information, tourism culture and other fields, attract regional headquarters of multinational corporations and functional institutions such as marketing centers, procurement centers and logistics centers to settle in our province, and accelerate the cultivation of new foreign trade growth points.(The Provincial Department of Commerce and the China Merchants Cooperation Bureau are responsible for their respective duties)

  (D) Play the role of "going out" to promote trade. Encourage our province’s advantageous enterprises and industries with surplus production capacity to invest in South Asia, Southeast Asia and countries and regions along the Belt and Road, integrate into the global supply chain by means of new establishment, mergers and acquisitions, and establish an international marketing network, export product service system and cross-border electronic commerce overseas warehouse. Support key enterprises to establish production bases and industrial parks overseas, strengthen international capacity cooperation, and promote the export of relevant equipment and products. Accelerate the infrastructure construction of interconnection with neighboring countries, support enterprises in our province to carry out international cooperation and project contracting for major projects, and drive the export of equipment, materials, products, technologies, standards and services in our province. Support the export of materials under overseas investment cooperation.(The Provincial Department of Commerce and the Development and Reform Commission are respectively responsible for their duties)

  (5) Further expand imports. Implement the national import discount policy and further improve the import encouragement policy of our province. Expand the import of advanced technology, key equipment and spare parts, and scarce resource products in our province to promote industrial upgrading in our province. Stabilize the import of resource products, seize the opportunity of low import prices of bulk commodities, and steadily expand the import of resource products. Reasonably increase the import of consumer goods, expand the import of consumer goods such as fruits, grain and meat, and support the construction of designated ports for inspection and quarantine in places where conditions permit; Support the establishment of duty-free shops at ports to guide the return of consumption abroad. Accelerate the promotion of Yunnan PetroChina International Enterprise Company to obtain crude oil import qualification, crude oil sales and operation qualification and refined oil wholesale sales qualification, and carry out crude oil import business as soon as possible.(The Provincial Department of Commerce, the Development and Reform Commission, the Commission of Industry and Information Technology, the Department of Finance, Kunming Customs and Yunnan Entry-Exit Inspection and Quarantine Bureau are respectively responsible for their duties)

  Second, consolidate the traditional competitive advantage of foreign trade

  (6) Expand border trade. Study and formulate policies and measures to promote the development of border trade in our province, increase the transfer payment to border areas, ensure the implementation of policies to grassroots first-line areas and support the development of border trade. Focus on the export of key commodities such as mechanical and electrical products, electronic products, textiles and clothing, as well as the import of fruits, seafood, natural gas, crude oil, ore and other commodities and raw materials. Accelerate the introduction of measures for the management of border trade in our province, improve the construction of infrastructure such as supervision places, standardize the management of border trade, promote transformation and upgrading, and expand the scale of border trade.(The Provincial Department of Finance, the Department of Commerce, Kunming Customs and Yunnan Entry-Exit Inspection and Quarantine Bureau are respectively responsible for their duties)

  (seven) to expand the scale of processing trade. Increase investment attraction, comprehensively apply fiscal, land and financial policies, and actively undertake industrial transfer. Taking advantage of the convenience of various open parks and the preferential policies and measures of the state to support the transfer of processing trade to the central and western regions, we will hold a promotion meeting on Yunnan’s processing trade investment environment in coastal areas such as the Pearl River Delta and the Yangtze River Delta, focusing on key areas such as mechanical and electrical products, non-ferrous metals, electronic products, textiles and clothing, toys and bags, biomedicine, etc., and "one-on-one" tracking and docking key enterprises and projects, and relying on the advantages of various places to implement accurate investment promotion. To study and formulate the implementation opinions on promoting the development of processing trade in our province, and give support to large-scale projects that have strong import and export driving ability and can promote the quality and efficiency of processing trade in our province in terms of land supply, factory rent, logistics and financing guarantee. Strive to create a national demonstration zone for gradient transfer of processing trade, and strive to increase the proportion of import and export of processing trade.

  Cancel the examination and approval of processing trade business in the whole province, establish and improve the supervision system after the event, speed up the establishment of pilot supervision of goods in Honghe and Kunming comprehensive bonded zones, and give qualified enterprises the qualification of general VAT taxpayer on the premise of "fair tax burden and controllable risks". Processing trade enterprises can pay the land transfer price by stages in accordance with the contract, and the land for industrial projects with priority development and intensive land use determined by our province can be determined according to 70% of the corresponding standards of the land. Support processing trade enterprises in our province to participate in direct electricity trading. Do a solid job in the implementation of the relevant policies to reduce the social insurance premium rate in stages.(Provincial Department of Commerce, China Merchants Cooperation Bureau, Department of Finance, Department of Human Resources and Social Security, Department of Land and Resources, Kunming Customs, Provincial State Taxation Bureau, and the people’s governments of the states, cities, counties and districts shall be responsible respectively according to their duties)

  Third, accelerate the cultivation of new advantages in foreign trade competition

  (eight) to cultivate and introduce foreign trade comprehensive service enterprises. Accelerate the cultivation and introduction of a number of key foreign trade comprehensive service enterprises to provide comprehensive foreign trade services such as customs clearance, logistics, warehousing and financing for small and medium-sized micro-foreign trade enterprises. We will provide more convenient measures and services in customs clearance, inspection and quarantine, settlement and sale of foreign exchange, export tax rebate, export credit insurance and other links for the recognized provincial-level foreign trade comprehensive service enterprises, and reward those foreign trade comprehensive service enterprises that have made remarkable achievements in promoting the export growth of small and medium-sized enterprises. Further implement the classified management measures for tax refund (exemption) of foreign trade comprehensive service enterprises, and accelerate the establishment of a management model suitable for the development of foreign trade comprehensive service enterprises.(The Provincial Department of Commerce, the Department of Finance and the Financial Office, Kunming Customs, Yunnan Entry-Exit Inspection and Quarantine Bureau, the Provincial State Taxation Bureau and the Yunnan Branch of the Foreign Exchange Bureau are respectively responsible for their duties)

  (9) Accelerate the development of cross-border electronic commerce. Earnestly learn from the experience of China (Hangzhou) cross-border electronic commerce Comprehensive Experimental Zone, accelerate the construction of cross-border e-commerce comprehensive service platform, cultivate key e-commerce enterprises, and support the construction of cross-border e-commerce innovation, design and research, platform construction, marketing and promotion, e-commerce incubation for small and medium-sized enterprises, warehousing and logistics, publicity and training and other comprehensive service systems. Support cross-border e-commerce platforms and enterprises that promote the substantial growth of foreign trade import and export. Strengthen communication and coordination, and strive for national approval of Kunming as the National cross-border electronic commerce Comprehensive Experimental Zone.(Provincial Department of Commerce, Industry and Information Technology Commission, Kunming Customs, Yunnan Entry-Exit Inspection and Quarantine Bureau, Provincial State Taxation Bureau, Kunming Central Sub-branch of the People’s Bank of China, and Kunming Municipal People’s Government are respectively responsible according to their duties)

  (ten) actively strive for market procurement trade pilot. Strive for national approval of Kunming Luosiwan International Trade City to carry out market procurement trade pilot. By optimizing supervision and innovating foreign trade management and service system, we can effectively reduce business operating costs, improve foreign trade efficiency, further improve the development level of commodity markets, and promote the coordinated development of domestic and foreign trade. Encourage qualified States and cities to carry out market procurement trade pilot projects, provide convenience for merchants in South Asia and Southeast Asia, and expand product exports.(Provincial Department of Commerce, Kunming Customs, Yunnan Entry-Exit Inspection and Quarantine Bureau, Provincial State Taxation Bureau, Kunming Central Sub-branch of the People’s Bank of China, and the state and municipal people’s governments are responsible respectively according to their duties)

  (eleven) vigorously cultivate independent brands of foreign trade. Establish export brand support and statistical system in our province, guide enterprises to strengthen brand building and improve export quality. Vigorously support enterprises in our province to explore the international market, and increase the brand cultivation and promotion in our province through high-level visits, product promotion activities, and participation in large-scale international exhibitions. Actively encourage foreign trade enterprises in our province to establish their own brands, encourage powerful enterprises to acquire foreign brands, vigorously support the brand promotion of export products in our province, and focus on cultivating regional and industrial brands in South Asia and Southeast Asian countries. Support enterprises to carry out foreign registration protection of trademarks and patents, deal with intellectual property disputes, adopt international product certification and other ways, and increase the promotion of Yunnan brands overseas. Support the cultivation and promotion of Yunnan export brands.(The Provincial Department of Commerce, the Department of Finance, and the Yunnan Entry-Exit Inspection and Quarantine Bureau are respectively responsible for their duties)

  (12) Vigorously develop trade in services. Fully implement the opinions on promoting the development of service trade and accelerate the construction of service trade policy system. As soon as possible, the management measures for the identification of service outsourcing demonstration cities, demonstration parks and demonstration bases will be introduced, and the policy environment for service trade in our province will be continuously improved. Expand the opening of service trade in border areas and encourage foreign investors to invest in tourism, logistics and retail industries. Identify a number of provincial service outsourcing demonstration cities, demonstration parks, demonstration enterprises and key cultivation enterprises. Support the development of a number of leading enterprises in service trade, and focus on cultivating a number of potential service outsourcing cultural trade enterprises and key projects, enterprises and institutions in traditional Chinese medicine service trade.(The Provincial Department of Commerce, the Cultural Products Office, the Commission of Industry and Information Technology, the Health and Family Planning Commission and the Food and Drug Administration are respectively responsible for their duties)

  Fourth, strengthen fiscal, taxation, finance and credit insurance support

  (thirteen) increase financial support. Expand the scale of provincial foreign trade development funds and increase the support of financial transfer payments for foreign trade development. Focus on supporting the export of agricultural products, mechanical and electrical products, non-ferrous metals, phosphorus chemicals and other superior products and the import of advanced technologies, key equipment parts and products with scarce resources, encourage the construction of open economic development platforms such as foreign trade transformation and upgrading bases, export agricultural products safety demonstration zones and foreign trade comprehensive service platforms, vigorously develop new foreign trade formats such as market procurement trade and cross-border electronic commerce, and cultivate and promote Yunnan export brands. Governments at all levels should arrange certain funds to support the development of foreign trade in light of the actual situation. (The Provincial Department of Finance and the Department of Commerce, and the people’s governments at the state and municipal levels are respectively responsible for their duties)

  (fourteen) to speed up the progress of export tax rebate. Strengthen the analysis, prediction, scheduling, implementation and assessment of the export tax rebate plan, and actively strive for the export tax rebate plan. Standardize the management of export goods correspondence, improve the pertinence of sending letters, and check and confirm the reply in time. Fully implement the classified management of export tax rebate, standardize the export tax rebate process, and improve the efficiency of export tax rebate. Under the premise of sufficient tax refund plan, the export enterprises shall declare the tax refund (exemption) that meets the requirements, complete the examination and approval within the prescribed time limit and complete the relevant tax refund (exemption) procedures to ensure timely and full tax refund.(Responsible by the Provincial State Taxation Bureau)

  (15) Strengthen financial support. Increase financing support for enterprises with orders and benefits. Guide commercial banks to carry out bank-enterprise docking with key foreign trade enterprises, tailor international settlement and trade financing solutions according to the needs of enterprises, and help enterprises effectively control exchange rate risks. Improve the facilitation level of RMB settlement in cross-border trade, guide and encourage commercial banks to increase the innovation of business products, continuously introduce cross-border RMB settlement and trade financing products that meet the needs of the market, and guide enterprises to expand the settlement scale. Increase support for small and medium-sized enterprises through policies such as refinancing and rediscounting. Encourage commercial banks to carry out export tax rebate account custody loans, export credit insurance policy financing, foreign trade order financing and other businesses. Support the bank loans and guarantee fees used by foreign trade enterprises to carry out foreign trade.(The Provincial Finance Office, the Department of Finance and the Department of Commerce, and the Kunming Central Sub-branch of the People’s Bank of China are respectively responsible for their duties)

  (sixteen) increase credit insurance support. Further expand the scale of short-term export credit insurance, and increase support for electromechanical and high-tech products, agricultural products, small and medium-sized enterprises and emerging markets. Support various insurance institutions to carry out export credit insurance business, and further reduce the rate of short-term export credit insurance. Expand the coverage of credit insurance, and realize the full coverage of export financing of large-scale complete sets of equipment.(Yunnan Insurance Regulatory Bureau, Provincial Finance Office and Department of Commerce are respectively responsible for their duties)

  V. Optimizing the environment for foreign trade development

  (seventeen) to further standardize the import and export fees. We will fully implement the list system of import and export link fees, and reserve the administrative fees related to import and export links and the operating and service fees set or guided by the government, and clarify the charging items, charging standards and management authority. Accelerate the market-oriented reform of import and export services, resolutely ban "red-top intermediaries" that rely on administrative organs and administrative power to provide compulsory services, break monopoly and form a fully competitive service market. Severely crack down on illegal charging behaviors such as compulsory service and charging only without service, increase the investigation and punishment of e-government platform charges, and conduct a comprehensive inspection of e-government platforms of customs, entry-exit inspection and quarantine, taxation, commerce and other departments. Actively promote the province’s comprehensive pilot project on exempting foreign trade enterprises from inspection without problems from lifting and shifting storage costs, and effectively reduce the burden on foreign trade enterprises.(The Provincial Development and Reform Commission, the Department of Finance, the Department of Commerce, the Commission of Industry and Information Technology, the Department of Transportation, Kunming Customs and Yunnan Entry-Exit Inspection and Quarantine Bureau are respectively responsible for their duties)

  (eighteen) to improve the level of trade facilitation. Accelerate the construction of "three mutual" customs clearance at Yunnan port, improve the cooperation mechanism between customs and inspection, optimize the work of "one declaration, one inspection and one release", fully implement the "double random" reform, and gradually increase the proportion of non-invasive inspection and machine inspection. Accelerate the construction of port informatization, give full play to the function of Yunnan electronic port platform, and promote the construction of "single window" of international trade. Deepen the paperless reform of customs clearance operations, and realize paperless customs clearance throughout the customs area during the year. Further expand the pilot scope of direct release of export commodities, export customs clearance forms and paperless inspection and quarantine. Further optimize and adjust the inspection rate of import and export goods, and implement a low proportion of random inspection of import and export goods of customs credit system certification enterprises.(The Provincial Department of Commerce, the Department of Finance, the Department of Transportation, Kunming Customs, Yunnan Entry-Exit Inspection and Quarantine Bureau, and Yunnan Branch of the Foreign Exchange Bureau are respectively responsible for their duties.)

  Sixth, strengthen organizational leadership

  (nineteen) to strengthen the main responsibility. The people’s governments of all prefectures and cities should earnestly strengthen their leadership over foreign trade, attach great importance to the steady growth of foreign trade, conscientiously study and formulate supporting measures and methods to promote the steady growth of foreign trade in light of local conditions, strive to achieve a stable and positive foreign trade in our province, and ensure the completion of the foreign trade import and export objectives and tasks issued by the provincial people’s government.(Provincial Department of Commerce, state and municipal people’s governments shall be responsible for their respective duties)

  (20) Strengthen supervision and inspection. Relevant departments at the provincial level shall, according to their respective functions and responsibilities, strengthen cooperation and coordinate to solve the difficulties and problems in the development of foreign trade in our province. The provincial government supervision room should strengthen supervision and inspection, and departments and regions that fail to implement foreign trade policies and work measures should intensify supervision and implement serious accountability to ensure that all policies and measures are implemented and achieved practical results.(Provincial departments, the provincial government supervision room in accordance with the responsibilities are responsible for)

 

Yunnan Provincial People’s Government

July 20, 2016

(This piece is publicly released)

Exclusive Secret: What is the "Prime Minister’s New Year Gift Package"?

  Chinese pays attention to traditional etiquette, and the Prime Minister is no exception. On February 13th and 25th of the twelfth lunar month, Li Keqiang walked into Pudong Village, a Dong stockade deep in the mountains of Liping County, and brought a rich "New Year Gift Package" to the villagers.

  1. Send special products out of your own pocket

  What’s in the "spree"? First of all, of course, those local specialties that the Prime Minister personally selected and bought out of his own pocket. On the morning of 13th, when Li Keqiang inspected the supply of Spring Festival market in Liping market, Guizhou, he also prepared a "gift package" for visiting poor households in mountainous areas in the afternoon.

  In order to ensure that these new year’s goods really meet the needs of villagers in Dongzhai, the Prime Minister never forgets to ask every time he passes a booth: What should the local people prepare for the New Year? What sells best? Finally, under the enthusiastic "sales promotion" of the stall owners, the Prime Minister paid several times and purchased several large packages of local specialties.

  In the afternoon, Lin Xianping, a poor villager in Pudong Village, took over from the Prime Minister in his drafty wooden building.Pickled fish, Ciba, rice wine, Dong fruit, melon seeds, fried rice and other local specialties..

  However, despite consulting local market vendors, the Prime Minister is still a little uneasy about his "gift package".

  "How’s your mouth? Can these be chewed? " He asked Lin Xianping’s parents who were over seventy. After receiving a positive reply, the Prime Minister showed a satisfied smile.

  2. Dangerous houses in villages will be rebuilt.

  In addition to the "visible" special products of the New Year, Li Keqiang also brought some invisible "gifts" to the villagers. Next to the charcoal stove in Lin Xianping’s kitchen, the Prime Minister and the Lins sat around chatting and asked them how much land they had, whether the food was enough, how much the minimum living allowance was every month, and whether they had joined the medical insurance.

  He also specially opened the rice jar for storing surplus grain, grabbed a handful of grain and rubbed it: "This is glutinous rice! No wonder you just said that you can only play 400 kilograms per mu of land. "

  A village cadre next to him smiled and said: "The Prime Minister has been a branch secretary of the brigade, and he is familiar with these!"

  Lin Xianping told the Prime Minister that he now has a minimum living allowance and joined the new rural cooperative medical system, and the harvest of farming can also guarantee food rations, but the biggest difficulty at home is that the house is too shabby and has no money to repair it.

  "You show me!" Li Keqiang got up at once, climbed up the second floor along the shabby wooden stairs and frowned at the leaking windows and old wires.

  "If this catches up with mountain torrents and windstorms, how can people live in a tight place? It will be even worse in case of fire! " He said, "this is a pain in our hearts!" "

  After leaving the Lins’ wooden house, Li Keqiang told the local person in charge that Pudong Village must be included in the system arrangement of centralized contiguous poverty alleviation and development and precise poverty alleviation.

  He said loudly to the villagers who gathered around him: "The government is determined to transform your village, and you must live in a safe and comfortable new house and live a real’ new countryside’ life!"

  3. Drinking water is safe and secure

  Pudong Village is a national first-class poverty-stricken village. More than 43% of the people in the village are poor, and the annual per capita net income is only 2160 yuan. Many houses are leaking everywhere.

  "Yes, the water is still very clear." He nodded and said.

  In last year’s "Government Work Report", Li Keqiang promised to solve the problem of drinking water safety for another 60 million rural people throughout the year. During his inspection in Pudong Village, he was particularly concerned about whether these promises were really fulfilled and whether the policies were really implemented.

  The prime minister told the responsible person that the government promised not only to complete the task in quantity, but also to stand the test in quality. He said: "Let the people drink safe and secure drinking water, which is a hard promise of the government and must not be discounted!"

  Also receiving the "gift package" are two village doctors in the village health center.

  Li Keqiang has always attached importance to the irreplaceable role of village doctors. Last year, in the grass-roots investigation in Chifeng, Inner Mongolia, after discussing with the accompanying department heads, Li Keqiang decided to use all the basic public health service fees newly added by the central government in that year to subsidize village doctors.

  During this visit, Li Keqiang asked two village doctors whether they had received the new subsidies from the state and whether the income from practicing medicine every month could guarantee their living. A village doctor replied that his income has improved, but he still needs to plant some fields when there are no patients, subsidy income.

  After listening to this, the Prime Minister said with emotion that the government should make efforts to make you feel at ease and seek medical treatment! He revealed at the scene that the new basic public health service fees at the grassroots level this year will still be fully subsidized to village doctors.

  "Village doctors are the’ first line of defense’ for villagers’ health. You are carrying a medicine box and wading through the mountains, reflecting the feelings of doctors to save the world." Li Keqiang said, "The government should completely eliminate your worries and let you go all out to seek medical care!"

  5. Student loan scheme. 

  Li Keqiang conducted a "market survey" for college students and graduates who returned home for the Spring Festival before sending out the "gift package". When sitting around the Dong Drum Tower to communicate with everyone, the Prime Minister directly asked: "What is your biggest difficulty? Speak out boldly! "

  A girl said that she was admitted to a university in Shanghai and applied for a student loan. However, after being admitted to a graduate school in Guizhou University, she found that the student loan could not be transferred across provinces, so she had to find a way to repay the loan while attending graduate school.

  "She hasn’t got a job yet. How can she repay the loan?" Li Keqiang turned to ask the person in charge of the relevant departments of his peers, "This issue is not a trivial matter, but a big one involving educational equity and coordinated regional development. We encourage college students to go home and go back to the west after graduation, but objectively, the income in the west is indeed lower than that in the east, and the pressure on these graduates to repay loans will be even greater. "

  He promised at the scene that the State Council would study and formulate new policies for this purpose. The college students who received the "gift package" immediately clapped their hands and cheered.

  6. Villagers return gifts to the Prime Minister

  In addition to bringing these generous "New Year’s Gift Packages" to the villagers, Li Keqiang also received gifts from the villagers.

  After learning that her dangerous house will be rebuilt, Lin Xianping’s mother excitedly took out a pack of "Baba" made by herself, hoping to give it to the Prime Minister to express her feelings.

  Li Keqiang quickly waved his hand: "Your family is very difficult. I can’t accept this gift!"

  Unexpectedly, the 70-year-old man chased all the way to the small bridge at the entrance of the village, saying that he would put BaBa into the hands of the Prime Minister.

  "All right, but there are too many bags. I can only take one." Unable to overcome the enthusiasm of the old man, Li Keqiang finally accepted a small piece of Baba. This is actually a heavy heart.

  The Prime Minister said: "I have taken away your thoughts and will always miss you. The government will definitely complete the renovation of your dangerous houses as soon as possible, and it will also give more children in the village the opportunity to go to college and let you all live a good life! "

Data First, 2025Q1 Offline Retail Express

Time flies, and in the first quarter of 2025, it quietly came to an end.

This week, we will make a resumption of offline retail consumption in 2025Q1. Among the reference objects involved, the year-on-year object is 2024Q1, and the month-on-month object is 2024Q4.

The data of the re-launch are all based on CT of the instant win brand.The offline retail monitoring network of instant win brand CT covers cities at or above the county level (excluding townships, towns and villages), and deeply covers the core urban agglomerations of the country, including hypermarkets, supermarkets, small supermarkets, convenience stores and grocery stores. Win immediately through AI and big data technology to automatically clean the real-time full POS data of the transaction orders of sample stores. At present, there are more than 300,000 brands monitored in the instant win brand CT, with more than 14 million bar codes and more than 5 billion orders per year.

In order to ensure the consistency of the data sample range in each quarter, the data sources of the stores used this time are all continuous stores, that is, these stores were active in the offline retail monitoring network before April 2025. The sample sizes of stores in 2024Q1, 2024Q4 and 2025Q1 are the same.

For the quarterly offline retail express in 2024, please click:

Data Launch: 2024Q4 Offline Retail Express/Data Launch: 2024Q3 Offline Retail Express/Data Launch: 2024Q2 Offline Retail Express/Data Launch: 2024Q1 Offline Retail Express

1, the overall situation of the quarter

We selected four categories: food, beverage, wine and daily chemical, and observed the overall year-on-year situation of the quarter based on the continuous store samples.

First of all, the situation in this quarter, in terms of sales, the number of orders and the average cost of orders, 2025Q1 compared with 2024Q1, all indicators have declined to varying degrees. An obvious change is that sales decreased by 10.44% year-on-year, but the number of orders decreased by only 5.35% year-on-year, which means that the average amount of each order decreased significantly year-on-year, and consumers’ shopping budget for a single order still showed an obvious shrinking trend.

Another noteworthy point is that the annual Q1 usually includes the Spring Festival, which is also the most important festival consumption node in a year.

From the subjective point of view, festival consumption is usually affected by emotion and scene more than the so-called "just need" in weekdays, which may also indicate that consumers’ income expectations and optimism for the future are still being repaired in Q1 this year.

From an objective point of view, the rise of emerging formats such as snack discount and discount supermarkets, as well as the continuous increase of online penetration rate, have also produced a certain degree of "diversion" for the consumption of traditional retail formats, and this change may also continue.

From the ring comparison, compared with 2024Q4, it is also influenced by the Spring Festival, and the sales volume and the number of sales pieces have increased obviously, but the number of orders has not increased obviously, or it means that the above-mentioned problems of consumers’ expectations and shopping willingness, as well as the objective business diversion, have also caused a certain degree of impact.

In addition to the factors mentioned above, price is also one of the important factors that affect the change of sales.

Based on the price trends of food, beverage and wine in the instant win price index, we can also see the pressure of price changes on sales growth. In the immediate win price index, 100 is the price index baseline. A price index above 100 means that the overall price level of the category is higher than that of the same period last year, while a price index below 100 means that the overall price level of the category is lower than that of last year.

It can be seen that in January-March of 2025, except for drinks and wine, which were temporarily higher than 100 in February (or because the Spring Festival was misaligned with the Spring Festival in 2024), the price indexes of food, drinks and wine were all lower than 100 in the other months of 202404-202503, which means that the overall price levels of the two categories are in a continuous downward channel, and the food category is compared with the drinks and wine category.

Generally speaking, the main factors that promote the growth of consumer goods from the supply side are nothing more than "selling more" and "selling more expensive". Based on the overall monitoring of the five major retail formats by Win Now, the dispersion of formats and the outflow of demand from formats certainly constitute objective reasons, but in terms of sales scale and sales price, several categories as a whole are also facing greater pressure.

(1) Key categories

In order to further observe the situation, we selected some categories of packaged goods with large sales scale in offline retail channels from the above categories, and observed the changes in the share and importance of the categories through the year-on-year changes in the share of these categories in the corresponding categories. In terms of category selection, because this quarter includes the Spring Festival, it is slightly adjusted compared with 2024Q4.

Food category:

Dairy products: pure milk, yogurt, adult milk powder.

Leisure snacks: nuts, roasted seeds and nuts, chocolate, puffed food, biscuits, dried meat, candies and western-style cakes.

Instant food: instant noodles, instant vermicelli, instant sausage and self-heating food.

Quick-frozen food: quick-frozen glutinous rice balls, quick-frozen jiaozi, quick-frozen steamed stuffed buns and quick-frozen snacks.

Beverage category:

Milk-containing drinks, packaged water, vegetable protein drinks, soft drinks, instant fruit juice, sports drinks, instant tea, vegetable drinks, instant coffee and instant milk tea;

(2) Year-on-year comparison of 2)2025Q1/2024Q1-food category

Judging from the year-on-year changes in the market share of food categories, the categories with positive year-on-year growth in market share include quick-frozen snacks and quick-frozen dumplings in the category of quick-frozen foods, instant noodles in the category of convenience foods, and adult milk powder, yogurt and pure milk in the category of long-lost dairy products; The market share increased negatively year-on-year, including quick-frozen jiaozi and quick-frozen steamed buns in quick-frozen foods, instant sausage, instant vermicelli, self-heating foods in convenience foods, and all categories under leisure snacks.

Further analysis based on the above performance:

All kinds of orders in quick-frozen food show uneven performance. Among them, quick-frozen dim sum once led a lot of categories in the year-on-year growth rate of market share in 2024Q4, and it also led this quarter, and the quick-frozen glutinous rice balls performed well. Compared with quick-frozen jiaozi and quick-frozen steamed buns, the year-on-year growth rate was negative, which further confirmed the changes of consumers’ consumption scenes of quick-frozen food and their roles in household consumption.

Dairy products have ushered in a long-lost market share of all key categories, with a positive year-on-year growth rate. Among them, adult milk powder is still the leader. Comparatively speaking, although the market share growth rate of pure milk and yogurt is positive year-on-year, its growth rate is very small. On the other hand, after a period of "difficult period", dairy products seem to be welcoming their own "turning point", which may also bring trend changes to the subsequent development of the category, which deserves continuous attention;

Convenience foods are showing a trend of differentiation. Among them, the market share of instant noodles is still increasing year-on-year, while the market share of fast-food sausage and convenience fans is decreasing slightly year-on-year. It is noteworthy that this type of product has been in a "stall" state since the outbreak of hot food. From the situation this quarter, this stall has not improved.

Finally, the category of leisure snacks, all sub-categories under the category of leisure snacks showed a year-on-year decline in market share. On the one hand, the differentiation of demand in snack discount, independent stores and online has led to a great impact on the sales of leisure snacks in the traditional five formats; On the other hand, leisure snacks are always in a slightly embarrassing position in today’s healthy wave, which may be one of the reasons why consumers are less and less important in the overall food consumption;

(3) Year-on-year comparison of 3)2025Q1/2024Q1-beverage category

In the first quarter of each year, because it is in the low season of the traditional beverage industry, and it contains the important festival of the Spring Festival, there are many differences between the beverage categories and the overall situation of the whole year. At the same time, in 2025Q1, the key categories in the beverage market also showed some changes.

It can be seen that the categories of beverages with negative year-on-year market share growth rate are milk-containing beverages, vegetable protein beverages, instant milk tea and instant coffee. In the past, these categories performed well in winter or had strong attributes of holiday gifts, but their performance this year was not optimistic. At the same time, sports drinks, plant drinks, ready-to-drink fruit juice, packaged water, ready-to-drink tea and soft drinks are the categories with positive year-on-year market share growth. These categories are more powerful in summer and have limited gift attributes, but their performances are remarkable.

This may also represent some trends in the development of the beverage market: on the one hand, the influence of seasons on consumers’ product selection in beverage categories may be gradually weakening, and products that relieve summer heat may also have a wide demand and market in the cold winter; On the other hand, the gift-giving nature of beverage categories may also be weakening. During the festive season, more beverage consumption scenes have changed from gifts from relatives and friends to party sharing, and the well-sold product categories have naturally changed from the past strong gift-giving categories to categories with more personal consumption. These changes may mean some trends in the development of the beverage market.

Based on the four categories of food, beverage, wine and daily chemical, and the performance of the typical categories listed above, we will further analyze the data from three latitudes: "people" with retail orders as the core, "goods" with commodities as the core, and "market" with business channels as the core.

2. "People": retail order dimension

In the observation of order dimension, based on the above-mentioned typical categories of food and beverage, we extracted all the consumer orders with these typical categories in all orders in the quarter, and extracted the dimension data such as order quantity, category sales and category sales.

(1) Year-on-year sales volume, sales volume and order quantity

In this quarter’s retail express, for the convenience of classified viewing and comparison, we also divided the three indicators of sales volume, number of pieces sold and number of orders into food category/beverage category for separate observation.

First of all, the food category, we can see that in all key categories, except for the number of frozen snacks sold/orders slightly positive, all other categories showed a decline. Combined with the above-mentioned year-on-year decline of -10% sales in the market, the overall situation of quick-frozen snacks, adult milk powder, quick-frozen glutinous rice balls and instant noodles is slightly better than that in the market.

The categories with poor performance are self-heating food, dried meat, quick-frozen steamed buns, puffed food, etc. Among them, the sales of self-heating food in 2025Q1 compared with 2024Q1, the number of sales under continuous stores decreased by 35%, the number of sales decreased by 32.5%, and the number of orders decreased by 27.5%. This figure is very exaggerated and it is also very serious for the category. After the epidemic, this category of products and related manufacturers will be in the end.

Compared with food, the highlight category of beverage category is more prominent. In terms of positive growth, the growth momentum of sports drinks and plant drinks is similar, with the year-on-year growth rate of sales exceeding 10%, and sports drinks have been growing continuously for many years since around 2022, which deserves continuous attention. The performance of ready-to-drink juice this quarter is also remarkable, which may be related to its increased penetration in festivals and other scenes. In the past two years, ready-to-drink juice has been continuously used in many ways, such as multi-specification, multi-combination, party scene marketing, and health concept marketing, so that more types of products appear on the dinner table shared by parties, and even replace the stable position of soda and vegetable protein drinks on the dinner table to some extent.

From the perspective of decline, the obvious decline is still in the categories of milk-containing drinks, vegetable protein drinks, ready-to-drink milk tea and ready-to-drink coffee. Among them, the instant milk tea/ready-to-drink coffee immediately won a special study in mid-March (looking forward to 2025, ready-to-drink coffee/ready-to-drink milk tea: why do bottled products "fall behind"? ), vegetable protein drinks and milk-containing drinks are more traditional categories, lacking innovation and product-based growth momentum, making it difficult for scenes and people to expand continuously, or these traditional categories are "headaches".

There is also instant tea that needs special attention in this quarter. Before the summer of 2025, the sales volume, the number of pieces sold and the number of orders for ready-to-drink tea were all negative year-on-year, and the decline of the number of pieces sold > the number of orders > the sales volume, which is not a good signal for the category that grew rapidly last year, and needs continuous attention.

(2) Average cost per order and year-on-year change

The average cost per order can reflect the average shopping budget of consumers in this category, and the change of this value can also reflect the change of consumer price expectation and consumption expectation of this category (more emphasis is placed on describing the price expectation of consumers in this category).

Judging from the year-on-year changes in the average spending per order of various items in this quarter, compared with 2024Q4, the average spending is at a high level in both 2024Q1 and 2025Q1, and the main influencing factor may come from the impact of the Spring Festival on consumer demand and shopping budget.

From the perspective of various purposes, only the average expenditure of adult milk powder, ready-to-drink juice, instant noodles, ready-to-drink tea and packaged water has increased slightly, while most of the other categories have shown a year-on-year decline, which also echoes the price index of food and beverage that has been seen before for a long time below 100. The lower the price level, the shrinking the consumer’s shopping budget in the category and the corresponding degradation of the supply side. At present, this vicious circle may still exist.

Judging from the year-on-year decline, most snack categories have shrunk to a certain extent under the condition that the absolute value of the average cost per order is not high. In the past one or two years, with the popularity of white-brand products represented by snack discount format and the low concentration of most snack categories, leisure snack categories have become the "hardest hit" for price pressure transmission.

Another thing that deserves attention is pure milk and self-heating food at the tail. Combined with the changes of market share, sales volume and order quantity of these two categories, it seems that pure milk has got some positive feedback in the process of exchanging price for quantity, and the scale has been kept from falling with a part of price decline; Self-heating food category is not optimistic, even if the average cost per order has dropped by about 10%, the share, sales volume and order quantity still decline seriously.

(3) Average number of purchased pieces per order and year-on-year change

The average number of purchases per order can reflect the average single purchase of consumers in this category, and the change of this value can reflect the change of consumer’s consumption expectation and consumption price elasticity (more emphasis is placed on describing the change of consumer’s consumption in this category).

Similar to the year-on-year average cost per order, the average number of items purchased per order in 2024Q1/2025Q1 is also higher than that in 2024Q4, but the difference between Q1 and Q4 is not as big as the average cost per order. This may also reflect that between "spending more money" and "buying more goods", festivals have a greater impact on the former than the latter.

Judging from the situation of various items in the quarter, only three categories of adult milk powder, plant drinks and quick-frozen snacks showed a positive increase in the average number of items purchased per order, but the growth rate was almost negligible, while the other categories showed a decline as a whole.

Among the key categories, the vegetable protein beverage dropped the most. The traditional strong festival mental category in this beverage category dropped by about 10% in the average number of purchases per order. Perhaps its mind is being challenged in both the Spring Festival gift and the winter hot drink scene. Under the background that the festival beverage market is changing from "gift" to "gathering and sharing", vegetable protein drinks seem to be a little behind in terms of product types, specifications or combination methods, and many consumers’ minds about this kind of products even remain on the traditional concept of "iron cans are heated"; On the other hand, under the tide of beverage health, although the plant protein beverage is backed by the word protein, its deep cultivation in the concept of health is limited as a whole. In recent years, the only "oat milk" that has made achievements has gradually turned to the TO B channel because of the mediocre market feedback, and the concept of product health in the category may have greater room for upgrading in the future.

3. "Goods": Top SKU and category new product dimension

In the observation of "goods" with goods as the core, based on the typical categories of food and beverage mentioned above, we have drawn the market share of these categories in this quarter, the changes compared with last year, and the new products of these categories.

(1) TOP SKU of various projects and same/quarter-on-quarter changes

The first is the TOP SKU. In the following table, the TOP SKU is the category of 2025Q1, which is 2024Q1 year-on-year and 2024Q4 quarter-on-quarter.

In terms of the same/chain-on-chain change, "-"means that the SKU is ranked in the same time period as the previous one, "new" means that the SKU was listed for the first time in the same/chain-on-chain last quarter (does not mean that it is a new product), "↑" means that the SKU is ranked higher in this quarter, and "↓" means that the SKU is ranked lower in this quarter.

In the change of Top SKU this season, several changes are worthy of attention:

Instant noodles: the ranking of white elephant big spicy turkey noodles was further improved. Turkey noodle, a type of instant noodle product, was pioneered by South Korea Sanyang, but it was quickly promoted by white elephants in the local area and accepted by consumers. It is also a typical case of "combination of Chinese and Western" in the food industry. Win Now will carry out special research on Sanyang and White Elephant around the product category of turkey noodles in April, so please pay attention;

Nut roasted seeds and nuts: Because Q1 includes the Spring Festival, the TOP SKU of nut roasted seeds and nuts category is almost occupied by gift box products, among which three squirrels and three gift box products are on the list, with a rapid momentum.

In several categories of the whole quick-frozen food (quick-frozen jiaozi, glutinous rice balls, steamed stuffed buns and dim sum), all TOP SKU belong to Sanquan, Anjing and Missing only, and the head group of the category has a very strong control over the category.

Plant beverage: The performance of Yuanqi Forest from Red Bean Coix Seed Water/Jujube Lycium Juice has been further improved, ranking first and second in this quarter’s TOP5 SKU. Relatively speaking, the old rival Ipoh’s Zhiben Qingrun Chrysanthemum Tea series products have all declined in the ranking. (The fifth category to be supplemented)

(2) The quantity and share of new products changed year on year.

In this new category, we will observe the innovation activity and new product growth from two dimensions: the number of new products on the market and the market share of new products. The definition of "new product" by instant win brand CT is the new product information and bar code that was first registered in the offline retail monitoring network of instant win in this quarter.

Through the number of new products on the market, the market share growth of new products in the past and the share of new products in the current season, we can clearly understand the innovation and new product acceptance of various projects.

In terms of the number of new products, the number of new products listed in all categories showed a significant year-on-year decline. The categories that have increased in decline are western-style cakes, sweets, biscuits, dried meat, instant fruit juice, puffed food, etc. Among them, leisure snacks account for the vast majority of the categories with a large decline, and the number of new products in some categories has even dropped by more than 50% year-on-year, which is a real reduction in the number of new products.

Looking back at the number of new products in key categories in the quick reports of previous quarters, we find that the number of new products in most categories has been declining, and the reasons may be more critical:

?Oversupply and involution:Today, most food and beverage categories are already in the environment of complete market competition, and the related supply chain and product research and development are no longer barriers. Compared with a new product, it is a more difficult challenge to really support a new product, which also objectively creates the competitive situation of "thousands of troops crossing the wooden bridge". However, looking at this cycle in reverse, the overcrowded track and the low success probability of new products make brands/manufacturers not willing to promote new products, so it is difficult for the number of new products to grow rapidly.

?Industry dividends subsided:During the period from 2017 to 2022, innovations in consumer goods and new products based on raw materials, concepts and even brands and marketing did emerge one after another. However, with the decline of dividends and the slowdown of consumption upgrading, the scale competition and channel barriers of consumer goods made the new products face a rather unequal competitive environment when facing the old products. When the tide faded, this disadvantage became more obvious and insurmountable.

?SKU reduction and "head" strategy;In the retail market in 2024, adjustment and reform are undoubtedly the key words. All adjustment and reform directions are inseparable from the core strategy of "reducing the number of SKUs and increasing the proportion of head SKUs". Under this background, especially for categories with high concentration, the shelf space that channels can give new products is facing further compression, which leads to the continuous reduction of the number of new products listed.

The reduction of the number of new products on the market is inextricably linked with the survival and development performance of new products in the category, and the two sides are mutually causal and influential. Judging from the market share of new products in several quarters, biscuits, western-style cakes and other categories, as well as nuts, roasted seeds and nuts, plant drinks and other categories, have shown better survival performance of new products.

On the contrary, in several categories with high concentration and strong head brands, such as packaged water, pure milk, soft drinks, etc., whether it is the new products in Q1 and Q4 last year or the new products in this quarter, their living conditions are worrying and they are facing greater competitive pressure.

4. "Field": the dimension of format and city level.

In the part of "market", we go back to the categories of food, beverage, wine and daily chemical, and observe the year-on-year performance of various formats and cities under the collection of large categories.

(1) City-wide grade and year-on-year situation of each format.

The CT offline retail monitoring network of instant win brand collects and analyzes data based on five formats: hypermarkets, supermarkets, small supermarkets, convenience stores and grocery stores. We also extract the sales, order volume and average order cost of these five typical offline retail formats in this quarter and the previous quarter.

In this quarter, no matter the sales volume, the number of orders or the average cost per order, all formats showed a relatively obvious year-on-year decline.

Compared with the year-on-year comparison in 2024Q4/2023Q4, the year-on-year decline in sales of all formats shows some signs of increase, which may be related to the fact that the business scale of Spring Festival is higher than other quarters, which objectively magnifies this year-on-year change.

From the perspective of different formats, the year-on-year decline in the number of orders in big formats such as supermarkets/supermarkets has narrowed to be basically the same as last year, with a year-on-year decline of less than 3%. However, from the perspective of average cost per order, the year-on-year decline in the average cost per order of more than 7% has caused a greater drag. From the point of view of small supermarkets, convenience stores, grocery stores and other small formats, the drag of order quantity on sales year-on-year is greater than the impact of the decline in average cost per order. The number of orders has decreased by more than 5% year-on-year, and the largest grocery store has reached 11%, while the average cost per order has decreased by less than 5%.

(2) Full format, year-on-year situation of each city level.

The offline retail monitoring network of instant win brand CT covers cities at or above the county level (excluding townships, towns and villages) and deeply covers the core urban agglomerations in China. We pulled the relevant data of 2025Q1 of each city level and observed the year-on-year situation.

Similar to the business situation, in this quarter, from the first-tier cities to the third-tier cities and below, regardless of the sales volume, the number of orders or the average cost per order, all cities showed a relatively obvious year-on-year decline.

In terms of city level, from first-tier cities to third-tier cities and below, the year-on-year decline in sales is negatively correlated with the year-on-year decline in city level, that is, the higher the city level, the more obvious the decline; On the contrary, the lower the city level, the less the decline. Under the pressure of economic growth, consumers in first-tier cities are indeed facing greater pressure and more uncertain future expectations, which is also reflected in the basic consumption of food and beverage in the retail market. In the year-on-year average cost per order, the year-on-year decline of first-tier cities is also significantly higher than that of other cities, or it is closely related to the mentioned factors.

Unlike sales and average cost per order, which more represent consumers’ shopping budget and price mentality, the number of orders can more reflect the changes in population and consumer behavior and channel selection. It can be seen that the year-on-year decline of new first-tier cities is significantly higher than that of other cities. Comparatively speaking, consumers in second-tier cities, third-tier cities and the following two cities have smaller year-on-year changes.

A word is a cultural history.

Writing is the foundation of civilization and an important symbol of human civilization. Chinese characters are the most important carrier to record and inherit Chinese culture, and they are the cultural ties to build the Chinese nation’s sense of community, which invisibly influences and shapes the Chinese nation’s ideas.

Chinese characters record Chinese culture.

Characters are symbols of recording languages. Oracle Bone Inscriptions, the Shang Dynasty, is the earliest systematic and mature script in China, and has been able to record Chinese completely. As an original script, before Oracle Bone Inscriptions, Chinese characters had a long development process. Academic circles have been concerned about the formation and development of Chinese characters. When did Chinese characters finally form a system that can completely record the language? Meng Weizhi thought it was early summer, while Qiu Xigui thought it was the time of Xia and Shang Dynasties. The theory of "one series of three generations of characters" should be credible. Huang Dekuan once advocated that the characters in the late Shang Dynasty should be taken as a reliable starting point, and traced back to the early period, so as to make a reasonable speculation on the whole Chinese characters in the Shang Dynasty. This change from known to unknown is indeed a possible path to explore the formation and development of early Chinese characters.

The formation and development of Chinese characters are of great significance and must be explored in depth. According to the literature, "Cang Xie wrote a book, but it rained heavily, and ghosts cried at night" ("Huai Nan Zi Ben Jing Xun"). As for whether Cang Xie, the historian of the Yellow Emperor, created Chinese characters, we don’t need to delve into it, but the emergence of Chinese characters is indeed an earth-shattering and weeping feat. Chinese characters are super-epochal, which can cross the time barrier, record the long history of the Chinese nation and bear the civilization of the Chinese nation for 5,000 years. Chinese characters are super-regional, which can cross spatial boundaries and maintain information communication in different dialect areas of ethnic families, and people living in different regions can communicate smoothly.

"Thousands of years in ancient and modern times, tens of thousands of miles." Chinese characters break through the limitation of time and space and completely record and inherit Chinese culture. In front of countless Chinese sons and daughters, she is undoubtedly a long bond, firmly casting the Chinese nation community.

Chinese characters contain cultural mysteries.

"Every painting is learned." Observing each Chinese character statically, its glyph itself accumulates the profound mystery of Chinese culture. "The single body is a text, and the combination is a word." "Wen" is a single character, and the glyph itself cannot be divided; "Zi" is a combined character, and the glyph can be subdivided. Therefore, the word "Wen" can only be said, but the word "Zi" can be interpreted, and the name "Shuo Wen Jie Zi" is sincere. Xu Shen, known as "the ancestor of literate Sect", has long understood the mystery of "writing".

The older the Chinese characters, especially the pre-Qin characters such as Oracle Bone Inscriptions and Jinwen, the stronger their pictographic or ideographic elements, so they contain more cultural information of the word-making era. For example, the word "rainbow" of a rainbow is shaped like a [~ symbol ~] in Oracle Bone Inscriptions, which looks like two big worms winding down before and after. This is in line with the legend that the rainbow has two songs and can drink the water from rivers. It is recorded in Oracle Bone Inscriptions that "a rainbow comes from the north and drinks in the river" (Oracle Bone Inscriptions Collection 10405), to the effect that a rainbow comes out from the north and drinks in the river. The ancients could not give a scientific explanation for the natural phenomenon of rainbow in the sky, so they imagined it as a bug drinking water in a river. Later, the glyph evolved into a combined Chinese character. In Shuowen, it is a knowing word from insects to Shen (electricity), but most of the time it is a knowing word from insects, that is, the "rainbow" that is still in use today. However, in the silk script, there was once a glyph from the sound of rain workers. No matter from "Shen (electricity)" or "rain", it shows that the ancients have realized the relationship between rainbow and rain.

In fact, every Chinese character is a vivid existence of China culture. Through the typical Chinese character configuration related to human body, animals and plants, we can perceive the colorful world; Through the typical Chinese character configuration related to clothing, diet and living room, we can understand people’s basic necessities of life. Through the typical Chinese character configurations related to sacrifice, war and marriage, we can know people’s manners and customs. Through the typical Chinese character configuration related to national territory, land and clan, we can feel the feelings of Chinese sons and daughters about home and country.

The evolution of Chinese characters witnessed the cultural inheritance.

It is even more magical to observe Chinese characters dynamically. In the era of Oracle Bone Inscriptions, Chinese characters have entered a mature stage. Then, it went through bronze inscriptions, bamboo slips and silk books, seal characters and currency characters. From seal script to official script, from official script to official script, until today, simplified Chinese characters have been followed for thousands of years. In the meantime, although the form of Chinese characters has been constantly changing, its basic system has always been maintained, and its evolution can be clearly found.

Most of Oracle Bone Inscriptions in Shang Dynasty carved with a knife, and a few wrote with a brush. It is time-consuming and laborious to carve words on Oracle bones, so it is necessary to change the circle into a square, to fill in the outline, and to change the thick pen into a fine pen. The difference between writing carrier and tools will have a great influence on the font. In order to facilitate writing communication, Oracle Bone Inscriptions has been simplified. During the Spring and Autumn Period and the Warring States Period, the characters were abnormal, the vulgar style was popular, and the simplification was prominent, which was a reflection of the great changes in economy, politics and culture at that time. The change of seal script into official script is the most important change in the evolution of Chinese characters. It makes Chinese characters change from characters that need to be drawn with the body into simple characters composed of straight strokes, which greatly improves the writing speed and contributes to cultural communication.

Chinese character recording language contains culture, and each glyph has its own times. "One word is a cultural history." Rich cultural connotation indicates that every Chinese character is a treasure that needs our efforts to develop. Strengthening the interpretation of Chinese characters, digging deep into the historical, ideological and cultural connotation behind Chinese characters, and refining and displaying the essence of Chinese excellent traditional culture are not only the inevitable requirements for inheriting and developing Chinese excellent traditional culture, but also the proper meaning for enhancing the vitality and influence of Chinese culture. (Author: Qi Hangfu, deputy director of Chinese Character Civilization Center of Zhengzhou University)