At present, the car companies that mainly rely on the profits of joint ventures are not the "Li Mubai" we are looking for, because in the medium and long term, the weak independent business sector will put enterprises at a disadvantage in the long term, and the helm needs to actively adjust the business direction. Are the remaining Great Wall Motor and Geely Automobile what we are looking for?

　　From the above table, we can see that Geely and Great Wall Motor have performed well in all indicators, and they are also the head enterprises in the China brand passenger car camp. But in contrast, Geely Automobile’s performance is even better, because in the case of little difference in operating income and gross profit margin, Geely Automobile’s non-net profit deduction is almost twice that of Great Wall Motor.

　　In addition, due to the downturn of the automobile market and the epidemic situation, Great Wall Motor lowered its sales target in 2020 from 1.11 million to 1.02 million, while Geely Automobile announced at the 2019 performance conference that it would stick to the sales target of 1.41 million vehicles in 2020 (including Geely, Lectra and Geometry).

　　In terms of R&D investment intensity, Great Wall Motor increased its R&D expenses by 55.82% to 2.72 billion yuan in 2019 when its revenue, gross profit and net profit all declined. The total R&D investment of Geely Automobile is 5.45 billion yuan, accounting for 5.6% of the revenue, which is higher than Geely’s average R&D investment of 5.4% in recent five years. However, Geely Automobile said that the R&D expenses will be appropriately reduced to about 4.5 billion yuan in 2020, which is consistent with its goal of trying to keep cash.

■Don’t just focus on making money and speeding up, the tank is out of gas or finished.

　　Dell, a world-renowned enterprise, once reflected when faced with serious losses in the first fiscal quarter of 1993, "Like many companies, we have always focused on the figures in the income statement, but rarely discussed the issue of cash flow. It’s like driving a car, just watching the dashboard accelerate, but not noticing that there is no oil in the tank. " Therefore, after analyzing the net profit of each car company, let’s take a look at their "fuel tank", that is, cash flow.

　　In the first chapter, we found out Geely and Great Wall Motor, which have a good profit performance in their main business, through analysis. How did they perform in the investigation of cash flow? Is it in line with our expectation of "Li Mubai, a car company"? Geely Automobile said in the financial report that the company’s bank balance cash increased by 23% to 19.281 billion yuan at the end of the reporting period, of which 12.538 billion yuan came from operating cash inflow and 500 million US dollars (about 3.25 billion yuan) was obtained from new financing channels.

　　At present, Great Wall Motor mainly meets its daily business needs with its own cash and bank loans. As of December 31, 2019, the short-term loan of Great Wall Motor was 1.18 billion yuan, and the long-term loan was 4.35 billion yuan. The above loans were mainly used for overseas and factory construction. It can be seen that the above bank loans cannot be counted as cash flow.

　　However, we can see from the balance sheet that as of December 31, 2019, Great Wall Motor had 9.723 billion yuan of monetary funds (which can be converted into cash), an increase of 2.040 billion yuan over the previous year. However, the fact that money and cash increase cannot alleviate the pressure of Great Wall Motor, because its accounts payable within one year are as high as 25.33 billion yuan.

　　As far as 2020 is concerned, the cash flow of car companies will generally face challenges, because before, car companies could guarantee their own cash flow by crediting the supply chain and using the funds to the retailers before starting, but this year, upstream parts suppliers may require car companies to pay some cash in advance, and some downstream car dealers may find it difficult to pay the money first before taking the car. Affected by the epidemic situation and the downturn of the automobile market, car companies with little cash in hand may need to ease their pressure by opening up financing channels, otherwise they will be in business difficulties.

　　From the comparison of non-net profit and cash flow, we can see that Geely Automobile has the best performance, followed by Great Wall Motor. If there is only one "automobile enterprise Li Mubai", from the horizontal comparison of the above-mentioned enterprises, Geely Automobile can afford this title. Moreover, by comparing the total asset turnover rate and inventory turnover rate between car companies, Geely Automobile has relatively strong asset management and operation capabilities. (Note: The higher the total assets turnover rate and inventory turnover rate, the better. )

　　Summarize the full text:Through financial indicators, people call the enterprises whose net profit and net cash inflow from operating activities increase, cash from investment activities increases substantially, and long-term liabilities increase without cash capital increase (they are confident that the return on investment is higher than the interest on loans) as confident growth enterprises, which is the "Li Mubai" that can help investors achieve wealth growth.

　　Among the above-mentioned enterprises, the financial reports of Geely Automobile and Great Wall Motor all show certain vitality. For example, in 2019, in addition to making profits from their main businesses and obtaining cash flow, both of them maintained R&D investment and overseas market expansion under the pressure of sales volume and funds. However, whether Geely Automobile can stand out from many China automobile companies depends on the next financial reports of SAIC, Changan Automobile and BYD. The "financial resources" competition of China car companies and who can be better will be fully presented in the next financial report of China car companies. (Text/car home Song Aiju)

　　On January 5th, 2024 (the 6th) Haikou International New Energy and Intelligent Networked Automobile Exhibition was grandly opened as scheduled. This year’s auto show was divided into four exhibition halls with a total exhibition area of 60,000 square meters, attracting nearly 90 international mainstream new energy brands to participate in the exhibition, with 500 models on display, which can be described as bursting with popularity and unprecedented pomp.

　　Saic mg

　　As a world-famous automobile brand, the development history of MG is the most important part in the process of automobile industry in Britain and even the world. The Encyclopedia Britannica uses MG to define sports cars. Under the wave of global scientific and technological revolution, relying on the advantages of large-scale and systematization of SAIC’s entire industrial chain, MG has accelerated the transformation of electrification, laid out two major tracks of "high value" and "globalization", and established its position as a world-renowned automobile brand.

　　At this auto show, MG’s highly respected Cyberster was unveiled. The car was officially launched on November 17, and three models were launched. The official guide price was 319,800-359,800 yuan. The front face design of this red sports car is very unique, the front line is pressed very low, and the side design is full of strength, thanks to its two-stage shoulder line design and the "waist-closing" line on the back side of the door panel, and the slightly upturned duck tail is very elegant. The soft-top convertible is composed of three layers of special fabric, which can be opened and closed for 8 seconds in the parking state. In addition, MG also built an exaggerated scissor door for it, with an electric opening and closing angle of 30-76 degrees. Cyberster’s battery capacity is 64kWh and 77kWh respectively, corresponding to cruising range of 501km, 520km and 580km respectively, and the shortest acceleration time can reach 3.2 seconds. It adopts front double wishbone+rear five-bar independent suspension and is equipped with Brembo four-piston brake calipers.

　　Saic roewe

　　Roewe has brought six different new models, and the new Roewe D7 EV just listed at the end of 2023 has become the focus of everyone’s attention.

　　The official guide price of Roewe D7 EV is 149,800-176,800 yuan. The new car is based on the exclusive platform of SAIC Xingyun pure electricity, positioning the pure electric medium-sized car, and also adopting the brand-new design language of Roewe brand. The overall shape of Roewe D7 EV is generous, the middle net is designed in a closed way, and the shape of the light strip is in a blade style, which increases the exquisiteness of the front face, and the side of the car body presents a high smoothness. The existence of the hidden door handle further highlights the attributes of the tram, and the interior adopts the popular minimalist shape. In terms of power, Roewe D7 EV adopts VGA six-in-one motor with a maximum power of 145kW/155kW. In addition, Roewe D7 EV is also equipped with a brand-new Rubik’s Cube battery, which provides two cruising ranges of 510km and 610km under CLTC working conditions.

　　Faw Toyota

　　2023 is a milestone in the electrification of FAW Toyota, and its sales of pure electric vehicles increased by 17 times year-on-year. Among them, bZ pure electric series sold a total of 33,094 vehicles, and bZ3, the "Toyota’s first pure electric car" listed in April, sold 25,927 vehicles, making it one of the outstanding joint venture pure electric cars. There is no doubt that this auto show, pure electric bZ3 attention.

　　The original design that is modern enough gives bZ3 an avant-garde appearance. At the same time, bZ3 also has a wind resistance as low as 0.218. Based on this, the power consumption of bZ3 is as low as 11 degrees per 100 kilometers. In addition, bZ3 has also achieved a longer cruising range. Combined with ultra-low rolling resistance tires, the resistance of the whole vehicle is reduced by 22%, so that the vehicle has a cruising range of 616 kilometers under CLTC working conditions. Today, with the rapid development of intelligence, bZ3 adopts a 12.8-inch floating multimedia navigation system and uses a vertical design, which will be more in line with the user’s habit of using vertical screen mobile phones. The growing AI smart partner "Xiao Fei" can also support Mandarin, Cantonese and Sichuan dialect recognition, and support wakeup-free and 120-second continuous command and natural voice input in various scenarios, which is more convenient to use.

　　Dongfeng Honda

　　Dongfeng Honda also participated in almost all the exhibitions this time, with a total of as many as 9 heavy models on display. Among them, INSPIRE e：PHEV, CRV e：PHEV, E: NS1 and other models are particularly eye-catching.

　　The most worth mentioning is E: NS1. E:NS1 is driven by the front axle motor and the ternary lithium battery pack provided by Contemporary Amperex Technology Co., Limited, and the pure electric cruising range corresponding to CLTC test conditions is 420km and 510km respectively. In addition, e:NS1 is also equipped with Honda CONNECT 3.0 intelligent guidance interconnection system, which provides AI voice assistant, car home interconnection, OTA upgrade and other functions. The new car will also provide streaming media rearview mirror and DMC driver status awareness, which is a relatively rare hard-core configuration in its kind. At the 2021 Honda China electrification strategy conference, Honda (China) officially released a brand new pure electric vehicle brand — — E:N, and this e:NS1 is the first mass-produced model in this series, which represents the brand’s latest understanding of future travel modes and user demands.

　　smart

　　Since its birth, smart has always led the innovative practice of urban travel, embraced the development and transformation of electrification and intelligence in the automobile industry, and is the first automobile brand in the industry to be fully transformed into pure electricity. At this auto show, smart brought a total of two electrified models #1 and #3.

　　The orange-colored # 3 stands out from the crowd. # 3 launched a total of four models, including Pro+, Pulse four-wheel drive version, Premium and BRABUS performance version, among which BRABUS performance version will be sold in limited edition in 2023. Smart#3 adopts the design style of "new luxury sports aesthetics" and the posture of low-lying coupe SUV, which has both surging muscle tension and elegance and sexiness. The new smart#3 is equipped with a dual-motor intelligent four-wheel drive system. In the "ejection mode", the BRABUS performance version only takes 3.6 seconds to accelerate. In the professional test site, the test score of the new smart Elk #3 reached 82.7km/h, and its smart Pilot Assist driving system can realize 23 intelligent assisted driving functions (including L2+ level).

　　Lincoln

　　The new trend represented by electrification and intelligence is changing consumers’ definition of luxury. As a traditional luxury brand, Lincoln is also facing challenges. On the Lincoln booth, the new Lincoln Navigator hybrid version became the "most beautiful boy". The new Lincoln Navigator hybrid version locates the large-scale American luxury SUV in the whole scene, and the official price range is 368,800-468,800 yuan, claiming to build a "super-long-life luxury car in history".

　　The brand-new Navigator hybrid version has an atmospheric appearance and the shape of air guides on both sides below the elegant light group, highlighting the identity of new energy. With the embracing cockpit design, the 23.6-inch embracing ultra-high-definition screen +11.1-inch central control screen fills up the sense of luxury technology, and integrates the SYNC+3.0 intelligent interconnection system. Thanks to the blessing of FNV3 intelligent interconnection network architecture platform and the help of Qualcomm Snapdragon 8155 chip example, it brings smooth operation. It is equipped with a 2.0T turbocharged engine+motor. The maximum power of the engine is 207kW and the maximum torque is 407 N m. The permanent magnet synchronous motor is used. The total power of the motor is 140kW, the total torque of the motor is 320N·m, the WLTC has a battery life of 1,129 kilometers and the fuel consumption is 6.64 liters per 100 kilometers.

　　BMW

　　At the BMW booth, pure electric BMW i7 and innovative pure electric BMW i5 are highly concerned. These two models are also BMW’s masterpieces in the field of electrification.

　　BMW i7 is the 5th pure electric product brought by BMW Group in China market, and the first pure electric luxury flagship car of BMW in the world. The fifth-generation BMW eDrive electric drive system is applied to the BMW i7, with a battery height of 110 mm and a net capacity of 101.7 kWh. Take i7 xDrive60L as an example, the cruising range under CLTC standard is 650 kilometers. The model is equipped with an upgraded magic carpet intelligent air suspension system, in which the active comfort and anti-tilting function is first applied to BMW models. The innovative pure electric BMW i5 is expected to be officially launched at the end of January. The appearance of the new car continues BMW’s elegant temperament, adopts the popular screen design, and reveals some east wind charm in details. According to previous news, the domestic long-axis i5 will launch four models, namely, i5 eDrive35L luxury suit, i5 eDrive35L M sports suit, i5 eDrive35L exclusive luxury suit and i5 eDrive35L exclusive M sports suit. The new car will be equipped with a rear single motor with a maximum power of 340 HP, and the CLTC will last for 567 kilometers.

　　Dongfeng Nissan

　　At this auto show, Dongfeng Nissan attended with all its new energy vehicles, bringing a total of 12 new cars. Among them, Qichen VX6 and Ai Ruiya ARIYA occupy C position.

　　As a new car that went on the market at the end of 2023, Qichen VX6 positioned itself as a "home pure electric SUV" and launched three models, with the price range of 141,900-159,900 yuan. The new car is based on the Qichen Ve Concept concept car and is positioned as a "home pure electric SUV". In appearance, the closed grille on the front face of the new car is highly recognizable with penetrating light strips. In terms of power, the car is built on the original pure electric platform under the Dongfeng quantum architecture, equipped with an output motor with a maximum power of 160 kW, and the pure electric cruising range under CLTC conditions is 520km. If Qichen VX6 is aimed at the home market, then ARIYA’s positioning is even higher. This model was introduced to the market earlier, and the market guidance price is 272,800-342,800 yuan. The car was born in the cloud image intelligent pure electric platform developed by Renault-Nissan-Mitsubishi alliance, and its value lies in the full link self-developed three-electricity technology.

　　For traditional car companies, it is more important to understand the development trend of the industry than to update the car-making technology, and it is more important to tap their unique competitive advantages than to introduce advanced models. Under the background of the accelerated arrival of electrification and intelligence, Nissan released the NISSAN NEXT enterprise transformation plan in May 2020. This plan is to put the company back on the right track of development, and to rebuild a complete system of career reform plan for the next 10 years of development. Among them, NISSAN NEXT’s first global strategic model, ARIYA, has become the key to the electrification era of Dongfeng Nissan.

　　Haval, Great Wall Gun

　　At this auto show, all brands of Great Wall came, and Haval, Great Wall Cannon, Tank and WEY all attended, bringing a total of 20 new models.

　　At Haval’s booth, two new cars, Haval Raptor PHEV and Haval Xiaolong MAX PHEV, attracted wide attention. Among them, as the leader of new energy off-road SUV, Haval Raptors popularized the charm of off-road SUV to the mass market with its super strength and price within 200,000 yuan. The new car has two battery versions of 27.54kWh- Ferrous lithium phosphate and 19.09kWh- Ferrous lithium phosphate to choose from. It adopts the hard-core design concept and is equipped with "1.5THi4 rear axle differential lock", which combines off-road with new energy, which not only meets the users’ demand for green travel, but also enjoys the fun brought by off-road.

　　The Great Wall Gun brought star models such as PHEV. PHEV of Shanhai Gun inherits the Chinese aesthetic design concept of Shanhai Gun Passenger Edition, giving people a powerful visual impression. In terms of motor, the vertical 9-9HAT transmission is integrated with P2 motor, with a maximum power of 120kW and a torque of 400Nm, with an efficiency of over 96%. The total battery capacity is 37kWh, which can meet the requirements of pure battery life of 110km and comprehensive battery life of 900km, and its comprehensive strength is good.

　　Wei brand, tank

　　In the tank booth, star models such as tank 400 Hi4-T caught the audience’s eye.

　　The tank 400 Hi4-T was launched in September 2023, with 2.0T+9HAT gold power combination, 120kW high-power P2 motor and oil-electric dual drive, so that the comprehensive power of the tank 400 Hi4-T system is as high as 300kW, the comprehensive torque is 750N·m, and the zero acceleration takes only 6.8s s. The 37.1kW·h high-energy Dayu battery has a pure battery life of over 105km under WLTC condition, and it only takes 24 minutes to charge from 30% to 80%. Outdoor optional packages including front axle electronically controlled differential lock, AT tire, traction qualification, etc. can also be selected to meet the user’s full-scene off-road needs.

　　WEY brought a number of new cars such as Alpine MPV. The design of the front face of the mountain MPV is domineering, creating a strong sense of momentum, and the use of a large number of chrome-plated materials enhances the luxury of the vehicle itself. The overall design of the interior is relatively simple, using a 27-inch ultra-wide screen, supporting voice control, online navigation and other functions to meet various daily use scenarios.

　　FAW Hongqi

　　Hongqi released its sales performance in 2023. According to the data, in 2023, the retail sales of new energy in Hongqi exceeded 85,000 vehicles, up 135% year-on-year, and the penetration rate of new energy sales was 23%, ranking first among traditional luxury brands. Hongqi E-QM5 and Hongqi E-HS9 contributed a lot, with a total sales volume of 85,000 units, a year-on-year increase of 135%, accounting for 23% of the total sales volume of Hongqi brand in 2023. At this auto show, Hongqi E-HS9 was also highlighted.

　　When it was first listed, the official guide price of Hongqi E-HS9 was 509,800-729,800 yuan, which made Hongqi E-HS9 one of the most expensive domestic pure electric SUVs, and also meant that Hongqi E-HS9 began to lead the Hongqi brand to launch an impact on the high-end pure electric field. Red flag E-HS9 "flagship" is full of color. Not only does the size exceed the Tesla Model X, but the momentum of the whole vehicle is not much better than that of Cullinan. The listing of Hongqi E-HS9 is of great strategic significance for Hongqi brand in terms of technological breakthrough, brand development and new energy market expansion. According to the "531" plan of Hongqi brand, by 2028, the planned total sales volume of Hongqi brand will exceed 1 million vehicles, of which the sales volume of new energy vehicles will exceed 700,000 vehicles. As a flagship product, Hongqi E-HS9 will play an important role.

　　Mercedes-Benz

　　Facing the goal of "double carbon", the electrification process of major automobile enterprises has been accelerated in an all-round way, and Mercedes-Benz has also responded positively, bringing seven models of products, including EQE 350 Progressive, Mercedes-Maybach S580 e and EQB 350 4MATIC, among which EQB 350 4Matic has attracted much attention.

　　The new EQB front grille adopts the "Night Star Wing" closed front grille of Mercedes-Benz pure electric EQ family, and the headlights and taillights are decorated with LED strip, adding a sense of technology. EQB is equipped with dual screen and MBUX human-computer interaction system, which provides a variety of intelligent configurations, such as 64-color atmosphere light, head-up display, Berlin sound, customized navigation in Gaode, etc. At the same time, it also adds color matching of Shuiyue silver car paint, giving users more choices. EQB 350 4MATIC is driven by front and rear dual motors, with a maximum power of 292 HP, a peak torque of 520 Nm, a battery capacity of 73.5 kWh, and a cruising range of 512 km under CLTC.

　　Volvo

　　In 2023, Volvo’s new energy vehicles blossomed in many aspects in the global market, all of which maintained a year-on-year growth trend. Among them, the European market took the lead and sold a total of 154,000 vehicles; The United States and other markets have also maintained more than 30,000 vehicles. In the China market, Volvo has also invested heavily. At this auto show, Volvo brought S90, XC90 and other popular new energy vehicles, providing fans with a wealth of car choices.

　　As a Nordic luxury flagship car, the newly upgraded version 2.0 ergonomic luxury seat of the 2023 Volvo S90 was jointly built by orthopedic surgeons and Volvo engineers. The seat design fits the back curve, which can give the occupant zui good coverage and support. And the seat can be adapted to 150cm— 200cm with different heights, meeting 99% of the passenger’s body shape. At the same time, the seat also adopts a new headrest shape and better leg support, which lengthens the cushion by 37-mdash; 40mm, increased by 10mm, reduced the height of backrest, increased the height of lumbar support, and brought first-class comfortable riding experience. In addition, the 2023 Volvo S90 has also upgraded a very humanized detail, that is, the rear row has introduced a 15W wireless charging device and the rear row has dual Type-C interfaces, which can make smart devices fully charged at any time and place, so that business elites can calmly handle work matters, and it is simply not too intimate.

　　Saic Audi

　　SAIC Audi’s first pure electric medium and large SUV based on MEB platform & mdash; — Audi Q5 e-tron made a grand appearance at this auto show. At first glance, the appearance of the Audi Q5 etron is very recognizable, with a fierce front posture. The large-size silver armor mesh model reveals a majestic atmosphere, and the eyes on both sides are sharp and imposing. The triangular diversion grooves are connected by decorative strips, which has a visual folding effect. The front lip adopts a hollow design, which is exquisite and ensures the wind resistance coefficient.

　　Thanks to the design foundation of the pure electric platform MEB, the Audi Q5etron has a wheelbase of 2965mm, providing a six-seat version of 2+2+2 and a seven-seat version of 2+3+2, which is convenient for different consumers to choose. The central area of the six-seat version retains the aisle, and at the same time, it adopts the design of hidden handrails, which is convenient for the passengers in the third row to get in and out, greatly reducing the difficulty of getting on and off. Audi Q5etron offers two different pure electric endurance versions, namely 550km and 560km. At the same time, it is equipped with MobileyeEyeQ4 driver assistance system chip, 3 millimeter-wave radars, 12 ultrasonic radars, 4 panoramic cameras and 1 multi-function camera, which can realize L2+ level driver assistance.

　　Jaguar Land Rover

　　Jaguar Land Rover has brought two new energy vehicles this time, namely, the new Discovery Sport P300e plug-in hybrid version and the new Land Rover evoque L P300e plug-in hybrid version.

　　The brand-new Discovery Sport P300e plug-in electric hybrid version inherits the DNA design elements of Discovery Family, and incorporates the Tiger Claw ornaments on the front face to visually show the sense of movement that is ready to go. Equipped with luxurious Windsor perforated leather seats, the front seats are electrically adjustable in 14 directions, and equipped with a 12.3-inch full LCD virtual instrument panel, creating a refined and luxurious interior cabin atmosphere. The comprehensive maximum power is 309 horsepower, the maximum torque is 540 Nm, and the cruising range of pure electric mode WLTC is 53 kilometers.

　　The new Land Rover evoque L P300e plug-in hybrid vehicle inherits the neo-modernist design concept and shows its distinctive personality. Front seat 14-way electric adjustment (including 4-way electric lumbar support) with heating and ventilation, rear seat heating with backrest angle electric adjustment, and rear flying wing headrest with soft pillow and other functions, bringing more comfortable driving experience. Equipped with Terrain Response? second-generation intelligent all-terrain feedback adaptive system and all-terrain process control system, it can easily cope with various extreme weather or terrain changes.

　　Faw Audi

　　From 1988 to 2023, from fuel vehicles to new energy vehicles, from Audi 100 to the first product Q6 e-tron prototype of PPE platform appeared … … After entering China for 35 years, FAW-Audi has witnessed the rise and growth of China’s automobile industry. Now, facing the surge of electrification and intelligence, FAW-Audi "embraces change with evolution". E-tron, Q4 e-tron and e-tron GT have all been put into China market — — Audi’s electrification strategy has been fully accelerated. At this auto show, none of these key models were absent.

　　Facing the wave of electrification transformation in the automobile industry, Audi is accelerating the pace of launching PPE pure electric platform products. The new Q6 e-tron production version is scheduled to be officially released in the summer of 2024, and the A6 e-tron series models are scheduled to be officially released in the autumn of the same year. At the same time, Changchun Audi FAW new energy vehicle production base for China market is also under construction in an orderly manner, and domestic Q6 e-tron and A6 e-tron series vehicles will be put into production in 2025. As the first luxury car brand with localized production in China, FAW Audi is committed to bringing a brand-new experience beyond expectations to more users who love Audi brand by shaping the vision of high-end mobile brand in the future. (Source: 2024 (6th) Haikou International New Energy and Intelligent Networked Automobile Exhibition)

　　Recently, Minhou County, Fuzhou City, Fujian Province, has effectively eased the cash flow pressure of automobile enterprises and added impetus to the development of automobile industry by implementing tax reduction and fee reduction policies such as value-added tax deduction and tax refund. The picture shows workers of an automobile enterprise in Minhou County assembling vehicles in the assembly workshop. Photo by Wang Wangwang (People’s Vision)

　　Activate the used car market, support the consumption of new energy vehicles and improve the parallel import policy of automobiles & HELIP; … A few days ago, the the State Council executive meeting focused on promoting automobile consumption, and deployed a series of policy measures from various aspects. The policy implementation predicted that the automobile and related consumption would increase by about 200 billion yuan this year.

　　Accelerated circulation of used cars

　　The meeting proposed to enliven the used car market and promote the renewal of automobile consumption. For small non-operating used cars, the restrictions on moving in cars that meet the national five emission standards will be completely lifted from August 1. From October 1, automobile sales enterprises will implement separate endorsement management and issue temporary license plates when applying for transfer registration.

　　In recent years, China has issued a series of policies to support the circulation of used cars, including abolishing the restrictions on the movement of used cars, reducing the value-added tax of used car distribution enterprises, and making the registration of used car transactions universal across provinces. Although the circulation environment of used cars in China has obviously improved, compared with mature automobile market countries such as Europe, America and Japan, its development is still immature. Cui Dongshu, secretary-general of the Passenger Car Market Information Association, told this reporter: "China’s used car industry has not got rid of ‘ Small, scattered and weak ’ The situation, the restrictions on the movement of used cars, the constraints of taxation methods and the lack of temporary property rights registration were important reasons that hindered the convenient circulation of used cars. "

　　In May this year, the State Council issued "A Package of Policies and Measures to Stabilize the Economy", proposing to completely cancel the policy of restricting the movement of second-hand cars, lift the restrictions on the movement of small non-operating second-hand cars that meet the national five emission standards nationwide, and improve the regulations on the registration, filing and vehicle transaction registration of the main body of the second-hand car market.

　　The Standing Committee of the National People’s Congress clearly proposed to accelerate the activation of the used car market, and gave a clear implementation date for the comprehensive cancellation of the restrictions on the movement of used cars and other related measures. "The complete cancellation of the restrictions on the movement of used cars will greatly promote the flow of used cars, further enrich the sources of used car markets and promote the formation of a unified national market for used car transactions. Especially for car dealers, this is undoubtedly a ‘ Gift package ’ 。” Cui Dongshu said.

　　According to the China Automotive Strategy and Policy Research Center of China Automotive Technology and Research Center, it is predicted that about 4.9 million old cars in China need to be updated this year. According to the average selling price of new cars of 150,000 yuan, the updating of these old cars is expected to bring 735 billion yuan of consumption-driven effect this year.

　　Support the consumption of new energy vehicles

　　The meeting made it clear that it is necessary to support the consumption of new energy vehicles. Vehicle purchase tax should be mainly used for highway construction, etc., considering the current practical research on the extension of the policy of exempting new energy vehicle purchase tax after the end of the year. Break the local protection of the new energy vehicle market.

　　"The cumulative sales volume of new energy vehicles has risen sharply from 20,000 at the end of 2012 to 11.08 million at the end of May this year. Since 2015, production and sales have ranked first in the world for seven consecutive years." Xin Guobin, Vice Minister of the Ministry of Industry and Information Technology, said recently that China’s new energy automobile industry has become an important force leading the transformation and upgrading of the global automobile industry.

　　China has been exempted from vehicle purchase tax for new energy vehicles since September 1st, 2014. After the implementation of the policy, the purchase cost of new energy vehicles has been effectively reduced and the consumption of new energy vehicles has been directly promoted. According to the current policy, the tax exemption policy will expire on December 31, 2022.

　　China Automotive Strategy and Policy Research Center of China Automotive Technology and Research Center pointed out that this regular meeting of the National People’s Congress clearly proposed to consider the extension of the current practical study on the exemption of new energy vehicle purchase tax policy, which will promote the relevant departments to speed up the research, comprehensively consider key factors such as tax revenue and industrial development, and put forward practical policy plans to better play the guiding role of policies in the industry.

　　Cui Dongshu suggested that the policy of exempting new energy vehicles from vehicle purchase tax should continue until 2023, and study the implementation method of gradually resuming the collection of vehicle purchase tax, so as to turn the collection of vehicle purchase tax into a tool to stimulate the consumption of new energy vehicles, ensure a smooth transition and continuously improve the penetration rate of new energy vehicles.

　　Consumers will have more choices.

　　The meeting stressed that it is necessary to improve the parallel import policy of automobiles, develop automobile financing leasing in an orderly manner, and support the construction of parking lots.

　　Cui Dongshu introduced that for consumers, parallel imported cars simplify the circulation and allow consumers to buy imported cars at more affordable prices; The policy of parallel import of automobiles has realized the simultaneous listing of foreign products in China market, enriched the models of automobiles and won the favor of consumers.

　　Since the pilot of parallel import of automobiles was deployed in the State Council in 2014, the scope of the pilot of parallel import of automobiles has been gradually expanded, the import volume has been increasing, and the imported models have become increasingly rich, which has played an important role in breaking the monopoly of imported automobiles, accelerating the innovation and development of automobile circulation system, stimulating the vitality of automobile market, and meeting the diversified needs of consumers. Up to now, 22 of the 29 vehicle import ports in China are carrying out parallel automobile import business.

　　Cui Dongshu said: "The clear improvement of the parallel import policy this time will help to solve the key problems in the development of parallel import of automobiles as soon as possible, and also help to comprehensively expand the pilot effect. It is even better news for consumers, which will help restore consumer confidence and stimulate consumer demand. "

Original title: Opening of 2023 Guangdong-Hong Kong-Macao Greater Bay Area Auto Show

On June 16th, the audience visited the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show.

On the same day, 2023 (27th) Guangdong-Hong Kong-Macao Greater Bay Area International Automobile Expo and New Energy Automobile Expo (referred to as Guangdong-Hong Kong-Macao Greater Bay Area Auto Show) opened in Shenzhen Convention and Exhibition Center. The theme of this year’s auto show is "Going Forward to the Future", and more than 100 Chinese and foreign auto brands with more than 1,000 models are unveiled. The auto show will last until the 24th.

Reporter Liang Xushe

On June 16th, the audience visited the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show.

On the same day, 2023 (27th) Guangdong-Hong Kong-Macao Greater Bay Area International Automobile Expo and New Energy Automobile Expo (referred to as Guangdong-Hong Kong-Macao Greater Bay Area Auto Show) opened in Shenzhen Convention and Exhibition Center. The theme of this year’s auto show is "Going Forward to the Future", and more than 100 Chinese and foreign auto brands with more than 1,000 models are unveiled. The auto show will last until the 24th.

Reporter Liang Xushe

This is the BYD booth at Guangdong-Hong Kong-Macao Greater Bay Area Auto Show (photo taken on June 16th).

On the same day, 2023 (27th) Guangdong-Hong Kong-Macao Greater Bay Area International Automobile Expo and New Energy Automobile Expo (referred to as Guangdong-Hong Kong-Macao Greater Bay Area Auto Show) opened in Shenzhen Convention and Exhibition Center. The theme of this year’s auto show is "Going Forward to the Future", and more than 100 Chinese and foreign auto brands with more than 1,000 models are unveiled. The auto show will last until the 24th.

Reporter Liang Xushe

On June 16th, the audience learned about new energy vehicles at BYD booth of Guangdong-Hong Kong-Macao Greater Bay Area Auto Show.

On the same day, 2023 (27th) Guangdong-Hong Kong-Macao Greater Bay Area International Automobile Expo and New Energy Automobile Expo (referred to as Guangdong-Hong Kong-Macao Greater Bay Area Auto Show) opened in Shenzhen Convention and Exhibition Center. The theme of this year’s auto show is "Going Forward to the Future", and more than 100 Chinese and foreign auto brands with more than 1,000 models are unveiled. The auto show will last until the 24th.

Reporter Liang Xushe

On June 16th, the audience visited the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show.

On the same day, 2023 (27th) Guangdong-Hong Kong-Macao Greater Bay Area International Automobile Expo and New Energy Automobile Expo (referred to as Guangdong-Hong Kong-Macao Greater Bay Area Auto Show) opened in Shenzhen Convention and Exhibition Center. The theme of this year’s auto show is "Going Forward to the Future", and more than 100 Chinese and foreign auto brands with more than 1,000 models are unveiled. The auto show will last until the 24th.

Reporter Liang Xushe

On June 16th, the audience visited the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show.

On the same day, 2023 (27th) Guangdong-Hong Kong-Macao Greater Bay Area International Automobile Expo and New Energy Automobile Expo (referred to as Guangdong-Hong Kong-Macao Greater Bay Area Auto Show) opened in Shenzhen Convention and Exhibition Center. The theme of this year’s auto show is "Going Forward to the Future", and more than 100 Chinese and foreign auto brands with more than 1,000 models are unveiled. The auto show will last until the 24th.

Reporter Liang Xushe

On June 16th, the audience visited the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show.

On the same day, 2023 (27th) Guangdong-Hong Kong-Macao Greater Bay Area International Automobile Expo and New Energy Automobile Expo (referred to as Guangdong-Hong Kong-Macao Greater Bay Area Auto Show) opened in Shenzhen Convention and Exhibition Center. The theme of this year’s auto show is "Going Forward to the Future", and more than 100 Chinese and foreign auto brands with more than 1,000 models are unveiled. The auto show will last until the 24th.

Reporter Liang Xushe

On June 16th, the audience visited the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show.

On the same day, 2023 (27th) Guangdong-Hong Kong-Macao Greater Bay Area International Automobile Expo and New Energy Automobile Expo (referred to as Guangdong-Hong Kong-Macao Greater Bay Area Auto Show) opened in Shenzhen Convention and Exhibition Center. The theme of this year’s auto show is "Going Forward to the Future", and more than 100 Chinese and foreign auto brands with more than 1,000 models are unveiled. The auto show will last until the 24th.

Reporter Liang Xushe

On June 16th, the audience visited the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show.

On the same day, 2023 (27th) Guangdong-Hong Kong-Macao Greater Bay Area International Automobile Expo and New Energy Automobile Expo (referred to as Guangdong-Hong Kong-Macao Greater Bay Area Auto Show) opened in Shenzhen Convention and Exhibition Center. The theme of this year’s auto show is "Going Forward to the Future", and more than 100 Chinese and foreign auto brands with more than 1,000 models are unveiled. The auto show will last until the 24th.

Reporter Liang Xushe

On June 16th, the audience visited the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show.

On the same day, 2023 (27th) Guangdong-Hong Kong-Macao Greater Bay Area International Automobile Expo and New Energy Automobile Expo (referred to as Guangdong-Hong Kong-Macao Greater Bay Area Auto Show) opened in Shenzhen Convention and Exhibition Center. The theme of this year’s auto show is "Going Forward to the Future", and more than 100 Chinese and foreign auto brands with more than 1,000 models are unveiled. The auto show will last until the 24th.

Reporter Liang Xushe

1905 movie network news The film directed by, starring and starring will be released nationwide on November 30, and the first shot of the New Year will be fired.The film released a special group portrait of "Setting Up People", and director Xin Yukun said frankly that "a fresh and powerful setting in the script of Hot Search is the characters". Defective rescuers, silent onlookers, unlimited abusers and imperfect victims jointly staged a "smoke everywhere" online public opinion war. The weak and the powerful are fighting for their lives, and the indifferent spectators are watching. How this just war for the truth will unfold is expected.

Previously, the film Hot Search has started the national roadshow of "Voice All the Way", and gained many praises from the audience. "Every character in the film is so real and vivid that I began to pay attention to the present and the people around me." Some viewers also said, "In the online world, we think we are bystanders, but in fact we may be cyberbullies, and if we continue to develop, we will become victims. This movie has sounded the alarm for me."

Refracting reality! A glimpse of "Kaleidoscope of Human Nature" in Hot Search

Audience: This film is a microcosm of the contemporary online world.

In the movie, a shocking "campus interest chain" is involved because of the girl Zhang Xiaosui’s jumping off a building, and a game of humanity is staged with a flawed rescuer Chen Miao (Zhou Dongyu), a silent bystander He Yan (Song Yang) and an unlimited abuser Peng Yue (Justin). Chen Miao, whose interests are supreme, chose to put all her eggs in one basket after learning the truth about sexual assault; In other words, it is more like a difficult social animal trapped by reality. Although it struggles, it still chooses to rely on power; Yue Peng, the perpetrator with no lower limit, tried to cover up the truth and do evil to the end.

Xin Yukun, the director, tries to be true when portraying human nature, saying that he "doesn’t want the positive characters in the spring and snow, and he doesn’t want to treat the villains as facebook". In addition, the hypocritical and timid accomplice, the mother who has no choice, and the victim who is deeply afraid … The complex and diverse human struggles are vividly displayed in Hot Search. Some viewers said that "the film is a microcosm of the contemporary online world, and no one can be immune to it".

Reshape the rules! "Voice of Justice" brings strength in the cold winter

Director Xin Yukun: It takes someone brave enough to break this cycle.

Talking about Chen Miao’s transformation from "flow first" to "speaking for the weak", Zhou Dongyu said that "the sins of some people have completely inspired the ideals and values she has been pursuing". Xin Yukun, the director, also explained that the constant mirror image relationship and the constant cycle of victims’ experiences in the film also prompted Chen Miao to make a change and become the first person to break the rules on his own initiative. Some things have been circulating, and we need someone brave enough to break it.

At the same time, there are a group of self-media people who speak out for justice in the film, standing firmly beside Chen Miao. Gong Wen (Wang Hao), a passionate writer, Hu Qiao (Shi Rui), who is realistic but not lost in warmth, and Winnie (Zhong Chenyao), who keeps her original heart, said by director Xin Yukun: "Each of them represents Chen Miao at different levels and has great power." Some viewers also said after watching the movie, "Chen Miao finally found her own bottom line, and I hope we can also find our own bottom line and the bottom line of society."

The film Hot Search will be released nationwide on November 30th.

Special topic: news network for 30 years of reform and opening up

Synthesis of some domestic movie posters in recent 30 years. Songsong cartography

　　"My sister looks for my brother to shed tears, but I don’t see my brother’s heart is sad. I hope to see my relatives through my eyes, and flowers will bloom for several years …" Today, people over 40 years old in China should be familiar with this melody. In 1978, the episode of the movie Little Flower, Sister Looking for Brother’s Tears, was sung all over the country. This film has changed the expression form of previous war movies, and let people hear the footsteps of China’s film recovery with fresh breath. Thirty years later, this song is still a lyric classic in the depths of many people’s memories.

　　After the "Cultural Revolution", a "golden age" was ushered in.

　　In 1978, major film studios in China resumed filming. At that time, the mass cultural life was still relatively simple, and watching movies became the first choice for most people in China. Although only more than 50 films were produced in 1979, the audience reached 27.9 billion times, with an average of 70 million times a day, creating an unprecedented historical record.

　　In the early days of reform and opening-up, a series of "scar movies" such as The Legend of Tianyunshan, Middle-aged Man, furong town and Handcuffed Passengers changed the rigid posture of movies during the Cultural Revolution and brought the feelings, life and fate of little people to the screen. Little Flower, Trembling of Life, Laughter of Distressed People, romance on lushan mountain, etc. have also made new explorations in theme and film language. By the mid-1980s, comedies, rural films, romantic films, opera film, children’s films and other types of films were in full bloom, and China’s films ushered in an unprecedented creative climax. People are very enthusiastic about watching movies. Every year, millions of letters are sent to vote for the Golden Rooster Award and the Hundred Flowers Award. Periodicals related to movies are also "expensive in Luoyang" for a time. "The cultural life in the ten years of the Cultural Revolution was too oppressive and heavy, and the whole people needed a kind of catharsis and release. Movies became the most suitable carrier." Chen Shan, a professor of literature at Beijing Film Academy, said.

　　Rao Shuguang, director of the China Film Art Research Center, pointed out that humanitarianism has become the theme of artists’ long-term thinking and performance in the decade after the reform and opening up. On the aesthetic level, the fourth and fifth generation film directors "joined forces" to set off and promote the "revolution" of China’s film language, to some extent, changed the pattern of China’s films falling behind the world’s films, and left a large number of classics for China audiences. "It is no exaggeration to say that this stage is not only the golden age of the fourth and fifth generation film directors, but also the golden age of the whole China film."

　　Industrialization sets off a wave of entertainment.

　　With the popularity of television and the rise of other new media, movies are under increasing impact. Yin Hong, director of Tsinghua University Film and Television Communication Research Center, pointed out that "TV programs have gradually replaced the original social criticism, publicity and education functions of movies. In the new social environment, the audience of movies has become smaller, more inclined to urban audiences and young audiences, and the entertainment function of movies has been enlarged. "

　　In January 1993, the then Ministry of Radio, Film and Television issued "Several Opinions on Deepening the Mechanism Reform of the Film Industry at Present", and the film production and circulation mode of exclusive operation and unified purchase and marketing formed over 40 years was broken. In 1997, the film management agency introduced the "single license" system, allowing film and television units outside the traditional film studios to apply for film production rights. In the 21st century, film has been clearly defined as an industry, and all the qualifications for its production, distribution and projection have been liberalized, the entry threshold has been further lowered, and the scope of investment and financing has been continuously expanded.

　　Rapid social changes and market shocks have made filmmakers start to change their survival strategies, and strive to find a balance point in the conflict between personalization and audience acceptance, artistry and box office income. "From multi-function to entertainment, China films have gradually recognized their own position in the process of industrialization, which is a development road that keeps pace with the times," Yin Hong said.

　　In the 21st century, a series of commercial films, which hold high the banner of entertainment, have made great achievements at the box office, from the huge investment in House of Flying Daggers and Golden Flower in the City, to the low-cost production of Crazy Stone and Chicken and Dog Restless.

　　Go abroad and spread China culture.

　　In the mid-1990s, China’s film market was once in a downturn. In order to change this depressed situation, in January, 1994, the Ministry of Radio, Film and Television authorized China Film Company to import 10 films every year and distribute them in China by sharing accounts. At the same time that imported blockbusters entered China, China’s films were also reported frequently abroad.

　　As early as 1988, a film "Red Sorghum" won the highest international honor ever for China films-the Golden Bear Award at the Berlin Film Festival. In the following years, works such as "The Ghost Girl", "Animal Year", "Chrysanthemum Bean", "Hanging the Red Lantern", "Red Pink" and "The Good Man of the Three Gorges" won international awards in succession, and China films gradually won a certain international status.

　　In terms of overseas market share, China’s films are getting better and better.

　　In 2002, Hero was shown in more than 2,000 theaters in the United States, becoming the first truly global China film. According to official data released by the United States, among all foreign films released in the United States from 1981 to 2005, Hero ranked third at the box office. Since then, commercial blockbusters such as "House of Flying Daggers" and "The Promise" have caused a lot of controversy, but objectively they have greatly expanded the overseas market space of China films, gradually entered some Asian countries’ markets, and even entered mainstream cinemas in Europe and America.

　　Rao Shuguang said that commercial blockbusters have aroused the enthusiasm of China audiences for movies and brought a large number of audiences back to cinemas, which is of positive significance to promoting the development of film industrialization in China. "Today’s China movies have the highest degree of internationalization and the highest international status of all art forms in China," Yin Hong said. "It is undeniable that many of the international influences of China culture are brought by movies."

　　However, experts also pointed out that it is impossible for commercial blockbusters to become the mainstream operation mode of China films. Under the current situation, it is an unavoidable problem for the sustainable development of China films to intensify the industrialization of films, cultivate a healthy market and form a benign development mechanism.

　　Our reporter Liu Yang.

Editor: Zhao Xuanxuan

[Maoyan Entertainment’s net profit increased by more than 7 times last year, and the stock price of Hong Kong stocks rose by more than 5%. Institutions are optimistic about the record box office this year]

Maoyan Entertainment’s share price is strong today. At the close, the increase reached 5.39% to HK$ 10.36, with a turnover of HK$ 42,886,900.

Maoyan Entertainment will release its annual results on March 21st. Yingxi announcement shows that the company expects its revenue in 2023 to be 4.7-4. 8 billion yuan, up by about 102.6% to 106.9% year-on-year; The net profit of returning to the mother was 880 to 930 million yuan, a year-on-year increase of 739.7% to 787.4%. CICC believes that the performance forecast exceeded expectations, mainly due to the strong performance of Chinese New Year movies, proper control of management expenses and adjustment of the forecast income tax rate.

According to the data of Lighthouse Professional Edition, as of March 10th, the box office in 2024 (including pre-sale) has exceeded 15 billion yuan. Guosen Securities (002736) predicts that the box office of China movie (600977) is expected to exceed the level of 64.2 billion yuan in 2019 and hit a new record high, driven by the supply cycle of domestic movies and Hollywood movies. The high operating leverage characteristics make the broadcast channel expect to usher in a better profit release period.

Zhang zhen is Yu Dan’s nephew.

　　

　　

　　Who would have thought that Hu Huizhong and Sun Li also had a blood relationship?

　　

　　Li XiaoLu mother and daughter

　　Stars in the entertainment industry have been living in the spotlight, and their flaws will be magnified infinitely. Their private lives are often tracked and exposed by good people, especially the relationship between husband and wife and lovers in the entertainment industry. Yesterday, the reporter found a video on a large website revealing the kinship of celebrities, in which many unknown secrets were exposed for the first time. For example, Yu Dan’s nephew is a handsome young man Zhang zhen, Sun Li’s aunt is actually Taiwan Province’s daughter Hu Huizhong, and tenor Hu Songhua is the uncle of movie star Hu Jun … The kinship between these celebrities is really eye-popping.

　　Yu Dan, an "academic supergirl", quickly became popular through the platform of "Hundreds of Forums". Who would associate that sharp-tongued speaker with Zhang zhen, a popular young student in Taiwan Province? Yu Dan is Zhang zhen’s aunt. Yu Dan said in an interview a few days ago: "This kind of thing didn’t happen until Zhang zhen became famous, nor did I become famous. It was a long time ago." She also said that she didn’t meet Zhang zhen very often, but every time he came to the mainland, everyone would get together and talk about the recent situation. When we were together, we rarely talked about the entertainment industry, and at best we just chatted.

　　Hu Huizhong’s "Happy Face" was a household name. Sweet and fresh Sun Li is also a popular star at present. Who would have thought that Hu Huizhong and Sun Li were also closely related by blood? According to seniority, Hu Huizhong is Sun Li’s aunt. However, Sun Li said that when she first met Hu Huizhong, she was unprepared. Because of her grandmother’s death, there were few contacts between the two sides, but she hoped to visit her in Taiwan Province in the future.

　　Hu Jun is the nephew of the famous tenor Hu Songhua, and Hu Jun’s father also studied vocal music. Hu Jun revealed that he was most afraid of Hu Songhua and his father hanging his throat since he was a child. "It was too painful. At that time, my father wanted me to go to the Conservatory of Music." Hu Jun, who didn’t catch a cold about it, chose his favorite way of acting, but it’s hard to imagine that his family are all famous singers. Some netizens commented, "Fortunately, he became an actor, or China lost another character actor."

　　In Struggle, David, Wen, Ma Yili and Li XiaoLu’s natural performances make the audience unforgettable, and everyone has little impression on Lu Tao’s mother. Little known is that she is Li XiaoLu’s mother Zhang Weixin, and Li XiaoLu is a beauty. Unexpectedly, her mother is the first pure beauty in China film in the 1980s. For many middle-aged people, Zhang Weixin is their favorite youth idol.

Editor: Yan Wang

On March 13th, 2024, the opening ceremony of 2024 Hui ‘ai Carnival and the first Hui ‘ai Exhibition of "Empowering the Future with Science and Technology" hosted by Beijing Disabled Persons’ Federation and hosted by Beijing Disabled Persons’ Service Demonstration Center opened in Hui ‘ai Building, Beijing Disabled Persons’ Service Demonstration Center. The exhibition shows the products and services of science and technology for disabled people with different disabilities, so that the majority of disabled friends can truly feel the convenience brought by the achievements of science and technology for their lives and work through the visit experience of this science and technology exhibition.

　

　　Source: WeChat WeChat official account "China Youth Publishing House" (ID: CYPG 1963), Author: Chen Zhangle (Editor-in-Chief of China Youth Publishing House)

　　People need a little spirit, and a country and a nation need a little spirit. The power from the spirit is the most surging, lasting, noble and great.

　　For more than 5,000 years, the Chinese nation has created a long and splendid Chinese civilization with great creative spirit, great struggle spirit, great unity spirit and great dream spirit.

　　Since the birth of the Communist Party of China (CPC), under the leadership of the Party, under the guidance of Marxism, under the guidance of the lofty ideal of communism and the dream of the great rejuvenation of the Chinese nation, generate, a son of the Chinese nation, has made great strides and written a series of brilliant movements with a sense of earth-shaking, earth-shaking and earth-changing in the grand process of revolution, construction and reform in China.

　　The power of spirit needs to be inspired, recorded, spread, inherited and promoted by spiritual products.

　　Classic series of "Three Reds and One Creation" (Red Rock, Red Sun, Red Flag Spectrum and Entrepreneurship History) by China Youth Publishing House.

　　"Three Reds and One Creation" in the History of Publishing and Youth Spirit in New China — — Classic books such as Red Rock, Red Sun, Red Flag Spectrum and Entrepreneurship History have created a group of heroes such as Jiang Jie, Xu Yunfeng, Shen Zhenxin, Zhu Laozhong and Liang Shengbao, who, under the leadership of the Communist Party of China, are constantly pursuing, struggling, selfless dedication and fearless sacrifice for national independence, people’s liberation, national prosperity and people’s happiness.

　　According to the novel Red Rock, the film Eternal Life in Fire shows Xu Yunfeng (Zhao Dan) and Jiang Jie (Yu Lan).

　　这些主人公是无数革命先烈、英雄人物、党和人民好儿女的化身；他们的故事是一代又一代中国共产党人和中国人民追梦筑梦故事的缩影；他们身上体现的强大精神力量，感染、感召、鼓舞、激励着一代又一代中国青年投身党和人民伟业，在为实现站起来、富起来、强起来而努力拼搏中创造无悔的青春。

　　今年初以来，面对新冠肺炎的突然来袭，广大青年响应党和人民召唤，毅然站出来，勇敢冲在第一线。在援助武汉、湖北的医护人员队伍中，在突击建设雷神山、火神山和方舱医院的队伍中，在奔波于各个岗位的志愿者队伍中，在驻守社区村镇防护检疫的基层干部群众队伍中，在穿梭于各个街道小区、守护经济社会生活正常运行的快递小哥队伍中……到处都可以看到“90”后甚至“00”后在奋战奉献的身影。

　　习近平总书记在给北京大学援鄂医疗队全体“90后”党员的回信中，赞扬“在新冠肺炎疫情防控斗争中，你们青年人同在一线英勇奋战的广大疫情防控人员一道，不畏艰险、冲锋在前、舍生忘死，彰显了青春的蓬勃力量，交出了合格答卷”，指出“广大青年用行动证明，新时代的中国青年是好样的，是堪当大任的！”

　　The approval of the general secretary makes the vast number of young people feel extremely proud, and it is also the endless driving force for youth struggle!

　　What is the future of the country like the youth.

　　Youth has spiritual strength, and the country has a future.

　　We are proud to see that in today’s younger generation, the classic power of "three reds and one innovation" is being passed on, the national spirit is shining, the ideals and beliefs are shining, and the excellent quality is shining!

　　On this special year’s World Book Day, let us reread the classic of "Three Reds and One Creation" once again, so that our hearts can gain a full energy and let us hold high the ideal sail of youth and forge ahead in the new era!

　　1. Pay attention to the WeChat WeChat official account of "Central Committee of the Communist Youth League" and "China Youth Publishing House". Welcome to leave a comment at the end of the article, and write down your story with the books in the "Three Reds and One Creation" series, your thoughts on youth responsibility, etc. According to the comprehensive ranking of the quality of comments and the number of likes, the top 20 readers on each platform will get a book related to comments (activity time: April 23, 2020 — May 5, 2020).

　　2. Pay attention to the headline numbers of "Central Committee of the Communist Youth League", "China Youth Publishing (Head Office)" Weibo and "Central Committee of the Communist Youth League" today, and forward the relevant content lottery.

　　Let’s act quickly! (The list of books will be published on China Youth Publishing House WeChat WeChat official account on May 6, 2020. )