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1905 movie network news The film released the new year music "Follow your Feelings" MV. This classic old song is sung by,,,, and, and it is a surprise performance in MV. The cheerful song is full of dreams and future expectations, and it also conveys the positive momentum of striding out to bid farewell to the old and welcome the new. The arrangement of folk music adds a lively and joyful atmosphere to the Spring Festival. The film is written and directed by Shen Teng, Adam, Andrew, Zhang Ben Yu and Sean, with Jia Bing as the special star and Friendship as the leading role. It is in the process of pre-sale, and it is released nationwide on New Year’s Day, flying with a smile.

Super comedy team He Xinchun’s "Follow the Feelings" MV is full of joy and jubilation.

The newly released Chinese New Year music "Follow Your Feelings" MV is full of festive and jubilant flavor. Shen Teng, Adam, Andrew, Zhang Ben Yu, Sean, dressed in jubilant red costumes, sang happily, "Follow your feelings, hold the hand of dreams" and "Follow your feelings, let it take me with you, and there will be dreams everywhere", which sang Zhang Chi’s persistence in pursuing dreams with a bulk fleet, and also represented a positive and optimistic attitude of striding forward in accordance with the love in your heart. Whether it is the lyrics with a high degree of matching or the daily life of driving school with funny interpretation, they all form a subtle echo with the role identity of everyone in the film. The slogan "Quality Assurance of Champion Coach" in the background reflects the identity change of Zhang Chi, played by Shen Teng in the second part, from a former champion driver to a driving school coach. Adam sang "Hold on to the hand of dreams", which also reminds people that Li Xiaohai, who he plays, wants a chance to prove his wish on the field.

In addition, in the MV, Andrew’s vitality is full, Zhang Ben Yu’s sense of technology house sprouting, and Sean’s joyful performance also continue their respective role images. Jia Bing, who plays the sponsor of the motorcade, also appeared in the MV with surprise, and Shen Teng distributed advertisements for enrollment of driving schools, in exchange for Jia Bing’s very stalwart line "What class drives the same car as me", which poked the audience with laughter. He Xinchun, a super comedy team, is surrounded by festive atmosphere with joyful songs, lively drums and wonderful dragon dances.

The Spring Festival family reunion conveys multiple emotional forces. The audience shouts and laughs, which is good for burning blood and enjoyable.

The movie "Pegasus 2" tells the story of driving school coach Zhang Chi (Shen Teng) and potential newcomer Li Xiaohai (Adam) who formed a bulk convoy and went out to the last Bayinbuluke Rally with many jokes. As one of the most important festivals in Chinese, the Spring Festival is endowed with many meanings, such as laughing and celebrating, family reunion, saying goodbye to the old and welcoming the new. "Pegasus 2" also fits the atmosphere of the Spring Festival seamlessly from all aspects, with funny jokes, jubilation against the wind, racing scenes that shock audiences of all ages, and emotional strength to bid farewell to the past and welcome a better future, all of which show the film’s family spirit in the Spring Festival. With the holding of the specially invited friends’ party, the first round of word-of-mouth was first released, and a large wave of audience praised it as funny, burning, passionate and enjoyable: "Wonderful to boiling", "The regret five years ago was completed", "The family fun atmosphere was full" and "It lit me up".

The film "Pegasus 2" will be released nationwide on the first day of the New Year’s Day, and it is in the process of pre-sale.

This year’s Mid-Year Promotion "618" has been launched. Compared with previous years, the involution of the platform has become more heated, the "pre-sale" has been cancelled in rules, the promotion methods have been simplified, and the major platforms have returned to users to increase the profits for consumers. This year’s GMV is expected to go up to a higher level, and cosmetics, as an important sales category, are expected to achieve a significant increase in sales.

In 2023, the GMV of the "618" whole network reached 798.7 billion yuan, and the GMV contributed by the four major e-commerce platforms in the beauty field alone exceeded 61 billion yuan. Some domestic beauty brands are riding the dust, and they can still show the competitiveness of domestic beauty under the encirclement of a number of international brands. China’s cosmetics market has great potential, and domestic beauty cosmetics are gradually moving closer to international brands after industry integration, showing a new development trend.

The trend of high-end domestic cosmetics is obvious.

The overall scale of China’s beauty market is increasing. According to the data of Jost Sullivan, from 2017 to 2022, the market scale of China’s beauty industry increased from 367.9 billion yuan to 552.2 billion yuan, corresponding to CAGR of 8.5%. In 2022, affected by the epidemic, the growth rate decreased by -7.1% year-on-year, but it did not change the overall trend. It is estimated that it will continue to grow at a compound growth rate of 8.2% from 2022 to 2027, reaching 858 billion yuan in 2027.

At the same time, according to the research of Insight Report on Digital Trend of High-end Beauty Market in China, although the beauty market in China suffered a slight setback in 2022, the "lipstick effect" of the beauty industry still holds. After careful observation, we can find that the slowdown of industry growth is driven by the reduction of purchase quantity in the objective environment, and the unit price of customers has not been hit hard, and the trend of consumption upgrading will continue.

In 2022, China’s per capita consumption of cosmetics was 79 yuan, and it is expected to rise to 116 yuan in 2027, with a significant increase in per capita consumption. In terms of customer unit price, in 2022, the growth rate of GMV of social media e-commerce products with customer unit price above 300-600 yuan /600-1,000 yuan /1,000 yuan was 43%/15%/112% respectively, and the products with high customer unit price had the fastest growth rate. Referring to the per capita consumption of cosmetics in Western Europe, Japan, South Korea and the United States, there is still much room for improvement in the per capita consumption of cosmetics in China.

　　Judging from the scale of the high-end beauty market, according to Jost Sullivan’s data, the market scale of China’s high-end beauty industry will increase from 116.9 billion yuan to 182 billion yuan from 2017 to 2022, corresponding to CAGR of 9.3%. It is estimated that it will continue to grow at a compound growth rate of 10.2% from 2022 to 2027, reaching 295.7 billion yuan in 2027. The growth rate of the market scale is higher than that of the mass beauty market, and the trend of high-end beauty is obvious.

Domestic beauty brands have also accelerated their reshuffle due to the intensification of competition. With the gradual decline of capital and flow, the weight of product quality in brand growth will increase, from focusing on marketing to paying more attention to research and development and innovation. This also means that the formula and raw materials of beauty products will be more and more important, and high-end raw material suppliers will usher in opportunities with the transformation of domestic beauty products.

Pearlescent pigment meets the needs of high-end beauty cosmetics

The industry divides cosmetic raw materials into matrix, general additives and cosmetic active ingredients. Among them, the matrix is divided into oil, powder, water agent and surfactant; General additives are divided into colloid, antioxidant, preservative, perfume and pigment; Active ingredients can be divided into sunscreen, moisturizing, whitening, oil control, skin rejuvenation, wrinkle removal and so on.

Pearlescent pigment is a kind of special optical effect pigment. When sunlight hits the surface, it produces multi-level refraction, and the interaction of reflected light produces color, which is similar to the principle of rainbow formation. Pearlescent pigment can provide unique luster for cosmetics, increase color levels and help products enhance color effects and visual effects; Take the powdered eye shadow as an example, the pearlescent pigment component accounts for about 10%. With the high-end trend of domestic beauty brands, the demand for pearlescent pigments will continue to increase in the future.

On the one hand, high-end beauty products often pursue more outstanding visual effects and unique texture. Pearlescent pigment can give the product a delicate, bright and layered luster, which makes the beauty show advanced texture and charm; If added to eye shadow, blush and other products, it presents advanced three-dimensional sense and gloss, making the makeup look more refined and luxurious, which meets the high standard requirements of high-end appearance.

On the other hand, high-end beauty cosmetics have higher requirements for color accuracy, stability and innovation. High-quality pearlescent pigments can provide bright, pure and lasting color expression, and can create novel and unique color effects through different blending and combinations, and create innovative beauty concepts and styles, such as using pearlescent pigments to create futuristic or artistic makeup, which is in line with the pursuit of quality and innovation of high-end cosmetics.

　　Unique visual effect, improving product quality, rich and varied colors, flexible design, adaptability to various scenes, and healthy and environmentally friendly products are all advantages of pearlescent pigments selected by high-end cosmetics brands. In recent years, the market scale of cosmetic pearlescent pigments has grown steadily, which is one of the most promising segments of pearlescent pigments. According to Jost Sullivan’s prediction, the market scale of cosmetic pearlescent pigments will increase by 21.7% from 2022 to 2025.

Domestic pearlescent pigment manufacturers show their talents.

Cosmetic-grade pearlescent pigments are also high-end products in pearlescent pigments industry, which have a high technical threshold. In the past, the global share was mainly in the hands of international enterprises such as BASF, Merck and CQV. However, with the continuous accumulation of technology by domestic pearlescent pigment enterprises, this situation has been broken, and a few leading enterprises have begun to participate in the supply chain of high-end markets such as cosmetics and automobiles, and gained a place in the global pearlescent pigment industry competition.

Global New Materials International (06616.HK) is the leading pearlescent pigment in China. Its greatest technical advantage is its mastery of the whole set of core synthetic mica production technology, which is also a sign that enterprises in the industry have entered the high-end production capacity. Synthetic mica is the main substrate of pearlescent pigments, and synthetic mica-based pearlescent pigments are mainly used in high-end markets such as automobiles and cosmetics. By the end of 2023, Global New Materials International has provided more than 2,000 kinds of pearlescent pigment products, including more than 900 kinds of synthetic mica-based products, and the revenue proportion of high-end products exceeds 50%.

Thanks to the strong R&D team and continuous R&D investment, the company is at the forefront of the industry in product innovation. The new titanium-free series of pearlescent pigments introduced by Global New Materials International at the press conference in early 2024 is the first of its kind in Global New Materials International, including the series of "Jade and Silver Cosmetics" and the series of "Tiema Jinge", which are especially suitable for cosmetics. The products are mainly based on high-quality natural mica, synthetic mica and glass flake, coated with metal oxide by specific technology, and the color trend is accurately controlled, so as to cast pearlescent pigments with obvious pearlescent effect, rich hue, various particle sizes, and luster ranging from soft to ultra-shiny, and do not contain TiO2 component, which can meet the demand of cosmetic pearlescent pigments without titanium component in European Union and other countries.

The company’s iron-based matte chameleon series effect pigments are also very innovative. Based on synthetic mica, a series of dreamy, colorful products with different role effects are prepared by coating with multi-layer metal oxides and non-metal oxides and precise control. Compared with ordinary pearlescent pigments, matte pearlescent pigments produce softer and smoother effects, presenting a matte appearance, which can be widely used in many fields including makeup and cosmetics. The positioning of "low-key and luxurious" satisfies the pursuit of some high-end consumers for matte high-end colors with more "texture".

Moreover, the synthetic mica powder produced by the company can not only be used to produce synthetic mica-based pearlescent pigments, but also be directly and safely used in cosmetics, which meets the requirements of the foreign product ingredient standard of the Japanese Ministry of Medicine. Synthetic mica functional filler has also become an important source of income for the company, contributing 83.77 million yuan in revenue in 2023, with a year-on-year growth rate of 30%.

According to Jost Sullivan’s data, its market share of pearlescent pigments in 2022 will be the first in China and the fourth in the world by revenue. After the acquisition of CQV in 2023, its global pearlescent pigment market share jumped to the third place, further enhancing its market share. At the same time, the technology empowerment and global channel sharing brought by the acquisition of CQV have greatly enhanced the competitive strength of Global New Materials International in high-end markets such as cosmetics-grade pearlescent pigments and automobile-grade pearlescent pigments.

CQV is a company that mainly produces high-end pearlescent pigments, and it is also an important participant in the international market. More than 80% of its income comes from the sales of automotive and cosmetic products. CQV is the only enterprise in the world that can realize mass production of pearlescent pigment products based on automotive grade alumina. Its cosmetic products are also very competitive in the Asian cosmetics market. The pearlescent pigments based on alumina are bright, shiny, clean and smooth, and are approved to be used in all cosmetics in the world.

With the development of domestic beauty cosmetics, the demand for pearlescent pigments, which can improve the texture and visual effect of products, will inevitably increase. Global New Materials International has the advantages of technology and scale, and is one of the few enterprises with high-end production capacity. The pearlescent pigments developed by it meet the needs of high-end beauty cosmetics and also have advantages in product quality and performance.

At the same time, with the deep integration with CQV and the release of high-end production capacity, it will further enhance its competitive strength, which is expected to help the company seize the transformation opportunity in the beauty field, strengthen its leading position in the cosmetics-grade high-end market, form a virtuous circle, and lay a solid foundation for future sustainable development.

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Extended reading

On the Fourth Session of the 13th National Committee of the Chinese People’s Political Consultative Conference

Letter of Reply to Proposal No.2010 (Finance and Taxation No.220)

　

　　Your proposal on standardizing the bidding behavior of government procurement centers and government-funded construction projects has been received. In consultation with the Ministry of Finance, our reply is as follows.

　　Your comments and suggestions have strong pertinence and important reference value, and the relevant situation is reported as follows.

　　A, about the cancellation of the government procurement center and other units of the bidding agency qualification.

　　In the field of bidding, the first paragraph of Article 12 of the Bidding Law stipulates that the tenderer has the right to choose a bidding agency and entrust it to handle the bidding matters. No unit or individual may designate a tendering agency for the tenderee in any way. Paragraph 2 of Article 14 stipulates that there shall be no subordinate relationship or other interest relationship between the tendering agency and the administrative organ or other state organs. State-owned enterprises such as central enterprises and local state-owned enterprises, as tenderers, have the right to choose their own bidding agencies according to law. Some state-owned enterprises have subordinate bidding agencies, so it is not appropriate to force them to choose the social third-party bidding agency in the territory (project location) of the construction project.

　　In the field of government procurement, China’s government procurement adopts the mode of combining centralized procurement with decentralized procurement. According to Article 16 of the Government Procurement Law, centralized procurement agencies are procurement agencies. The people’s governments at or above the level of cities and autonomous prefectures with districts shall set up centralized procurement institutions according to the needs of organizing centralized procurement of government procurement projects at the corresponding level. Centralized procurement institutions are non-profit legal persons, and handle procurement matters according to the entrustment of purchasers. Over the years, centralized procurement institutions have played an active role in giving full play to the scale effect and specialization advantages of procurement, and it is not practical to completely cancel the government procurement center. With the promotion of the integration of public resource trading platforms, many local public resource trading centers have assumed the functions of centralized procurement agencies in the process of local government institutional reform, and it is not practical to cancel the procurement agency function at present.

　　Second, on promoting electronic bidding and procurement

　　In recent years, our Committee and relevant departments in the State Council have actively promoted the electronization of the whole bidding process. Formulate and promulgate the Measures for Electronic Bidding (Order No.20 of 2013 issued by 8 departments including the National Development and Reform Commission), the Notice on Printing and Distributing the Bidding and Purchasing Action Plan of internet plus (2017-2019) (No.357 of the Development and Reform Law [2017]) and the Notice on Actively Responding to the Epidemic and Innovating the Bidding Work to Ensure the Stable Operation of the Economy (Development and Reform) We will further promote the electronization of the whole bidding process, and realize online operation in such links as issuing bidding announcements, downloading bidding documents, submitting bidding documents, opening bids, evaluating bids, and publicizing winning bids. Innovate electronic administrative supervision, realize dynamic recording, trace tracing and transparent disclosure of information in the whole transaction process, and further improve the pertinence, convenience and standardization of administrative supervision. Since 2018, our Committee and relevant departments have accelerated the revision of the Bidding Law, and the Bidding Law (Revised Draft for Review) (hereinafter referred to as the "Draft") has been reported to the State Council and included in the 2021 Legislative Work Plan of the State Council. The "Draft" further clarifies that except for special circumstances such as national security and state secrets, projects that must be subject to tender according to law should adopt electronic bidding.

　　The Ministry of Finance actively promotes the work related to electronic government procurement, and relies on information technology and big data technology to track and dynamically supervise the key links of government procurement, effectively regulating procurement behavior. At present, we are studying and formulating policy documents related to the "internet plus government procurement" action, which will further improve the top-level design of government procurement informatization, promote the deep integration of government procurement and the Internet, and improve the efficiency, transparency and regulatory effectiveness of government procurement.

　　Three, about standardizing the bidding procurement procedures

　　As for your suggestion that "pre-qualification is strictly prohibited before bidding", the second paragraph of Article 15 of the Regulations for the Implementation of the Bidding Law stipulates that if a tenderer uses the pre-qualification method to examine the qualifications of potential bidders, it shall issue a pre-qualification announcement and prepare pre-qualification documents. Whether or not to examine the qualifications of potential bidders is the autonomy of the tenderer, and the tenderer can conduct pre-qualification on the premise of complying with laws and regulations. The problem that the pre-qualification threshold is too high and the potential bidders are excluded in practice is rooted in the fact that the tenderee has not set the pre-qualification conditions and procedures reasonably according to the requirements of laws and regulations.

　　Regarding your suggestion that it is forbidden to have tendentious clauses in the bidding documents and set unreasonable qualification conditions, the Regulations on Optimizing the Business Environment drafted by our Committee and relevant departments clearly stipulates that bidding and government procurement should be open, transparent, fair and just, and market players of all ownership systems and different regions should be treated equally according to law. In the field of bidding, Article 32 of the Regulations for the Implementation of the Bidding Law stipulates that a tenderer shall not restrict or exclude potential bidders or bidders with unreasonable conditions, including not providing different project information to potential bidders or bidders for the same bidding project; Shall not set qualifications, technical and commercial conditions that are incompatible with the specific characteristics and actual needs of the project subject to tender or irrelevant to the performance of the contract; It is not allowed to take the performance and awards of a specific administrative region or a specific industry as the conditions for extra points or winning the bid in projects that must be subject to tender according to law; May not adopt different qualification examination or bid evaluation criteria for potential bidders or bidders; No specific patent, trademark, brand, country of origin or supplier shall be restricted or designated; It is not allowed to illegally limit the ownership or organizational form of potential bidders or bidders in projects that must be subject to tender according to law. In order to further promote the special rectification of the business environment in the field of bidding and tendering, in 2019, our Committee issued the Work Plan for the Special Rectification of the Business Environment in the Field of Bidding and Tendering of Engineering Projects (Development and Reform Office Regulations [2019] No.862), and together with relevant departments, promoted the comprehensive clean-up of bidding and tendering system documents that violated fair competition.Clean up, investigate and correct all kinds of unreasonable restrictions and barriers imposed on enterprises of different ownership in bidding laws and regulations, policy documents, bidding announcements, invitations to bid, pre-qualification announcements, pre-qualification documents, bidding documents and bidding practices, and seriously investigate and deal with a large number of illegal acts of excluding or restricting potential bidders. On this basis, in February 2021, our Committee issued and implemented the Notice on Establishing a Long-term Mechanism for Optimizing the Business Environment in the Field of Bidding (Development and Reform Regulation [2021] No.240, hereinafter referred to as "Document No.240"), and made arrangements for standardizing the formulation of local bidding system rules, comprehensively implementing the "double random and one open" supervision mode, and establishing a normalized collection and verification mechanism for clues that damage the business environment. In the field of government procurement, the current legal system of government procurement clearly stipulates that suppliers should not be treated differently or discriminated against under unreasonable conditions, including setting qualifications, technology and business conditions that are incompatible with the specific characteristics and actual needs of procurement projects or have nothing to do with contract performance; Not to the performance of a specific administrative region or a specific industry, awards as a bonus condition or bid, clinch a deal conditions; No specific patents, trademarks, brands or suppliers shall be restricted or designated; It is not allowed to illegally limit the ownership form, organization form or location of suppliers. If the supplier thinks that he has been treated unfairly in government procurement activities, he can raise questions to the relevant procurement units or complain to the relevant departments according to law.

　　As for your suggestion that experts should determine the winning bidder on the spot when the bid evaluation is completed, the bid evaluation results should not be fed back to the tenderer. According to the current legal system of bidding and government procurement, it is determined that the candidate winning the bid is the legal duty of the tenderer (purchaser). After the bid evaluation is completed, the bid evaluation committee shall submit a written bid evaluation report to the tenderer and recommend qualified candidates winning the bid. The tenderer shall determine the winning bidder according to the bid evaluation report and the recommended winning candidate. Article 55 of the Regulations on the Implementation of the Bidding Law stipulates that the tenderee shall determine the winning candidate ranked first as the winning bidder for the project that must be subject to bidding according to law with state-owned funds as the controlling or leading position.

　　Four, on the formulation of standard bidding documents

　　The preparation of standard bidding documents is of great significance for standardizing the preparation of prequalification documents and bidding documents, eliminating all kinds of unreasonable restrictions and barriers imposed on enterprises of different ownership in the bidding process, and promoting the openness, fairness and justice of bidding activities. In the field of bidding, our committee and relevant departments have successively issued a series of standard documents such as Pre-qualification Document for Standard Construction Bidding, Standard Construction Bidding Document, Concise Standard Construction Bidding Document, Standard Design and Construction General Contract Bidding Document, Standard Equipment Procurement Bidding Document, Standard Survey Bidding Document, Standard Design Bidding Document and Standard supervision bidding Document. At the same time, do a good job in the implementation of the above-mentioned standard documents, ensure the pre-qualification documents and bidding documents of projects that must be tendered according to law, and use the above-mentioned standard texts in strict accordance with regulations. In the field of government procurement, the Ministry of Finance has carried out useful explorations in formulating information release format specifications and contract standard texts, and will strengthen research in future work and promote related work in an orderly manner.

　　V. Handling of Complaints about Tendering and Bidding

　　The current legal system of bidding and government procurement has clearly defined the administrative supervision department of bidding and procurement. In the field of bidding, the first paragraph of Article 4 of the Regulations for the Implementation of the Bidding Law stipulates that the development and reform department of the State Council shall guide and coordinate the national bidding work and supervise and inspect the bidding activities of major national construction projects. The State Council industry and information technology, housing and urban construction, transportation, railways, water conservancy, commerce and other departments, in accordance with the provisions of the division of responsibilities to supervise the bidding activities. The second paragraph stipulates that the development and reform departments of local people’s governments at or above the county level shall guide and coordinate the bidding work in their respective administrative areas. The relevant departments of the local people’s governments at or above the county level shall, in accordance with the prescribed division of responsibilities, supervise the bidding activities and investigate and deal with illegal acts in bidding activities according to law. Where the local people’s governments at or above the county level have other provisions on the division of supervision responsibilities of their subordinate departments related to bidding activities, such provisions shall prevail. The fourth paragraph stipulates that the supervisory organ shall supervise the objects of supervision related to bidding activities according to law. In order to further unblock the channels of bidding objections and complaints, our Committee further requested the local bidding administrative supervision departments to improve the complaint handling mechanism, accept, investigate and handle complaints in a timely manner according to law, and publicize the administrative punishment decision online; According to the relevant laws and regulations and the responsibilities of the relevant administrative supervision departments, the division of responsibilities for complaint handling is listed in a list to avoid repeated acceptance or mutual shirking; Encourage the exploration of establishing a complaint handling mechanism for specific departments through local legislation,Prevent departments from shirking each other in areas where it is really difficult to coordinate and clarify regulatory responsibilities. In the field of government procurement, the Government Procurement Law? Article 13 stipulates that the financial departments of people’s governments at all levels are responsible for the supervision and management of government procurement, and perform their duties of supervision and management of government procurement activities according to law. Other relevant departments of the people’s governments at all levels shall perform supervision and management duties related to government procurement activities according to law.

　　As for your suggestion that the bidding issue should be included in the scope of discipline inspection and supervision, at present, the administrative supervision and discipline inspection and supervision of bidding and procurement activities have their own emphasis. The administrative supervision department of bidding and procurement exercises business supervision over bidding and procurement activities, and the discipline inspection and supervision department has established an effective coordination mechanism to supervise whether there are malpractices for personal gain, abuse of power and dereliction of duty in the process of performing their duties. Any unit or individual has the right to file a complaint and report any illegal act in bidding and purchasing activities. Among them, those that belong to the business scope shall be handled by the administrative supervision departments; Those belonging to the category of clean government and anti-corruption shall be handled by the discipline inspection and supervision department. Through collaborative supervision, we will form a joint force of supervision and strive to solve the illegal and illegal problems in bidding and procurement activities.

　　VI. Consideration for the next step

　　In the next step, our Committee will combine the research and absorb your suggestions, thoroughly implement the spirit of the Regulations on Optimizing the Business Environment, continue to implement Circular No.240, establish a platform for collecting clues that damage the business environment, and study and establish a system for collecting and reporting problem clues to information officers; Cooperate with the Ministry of Justice to speed up the legislative review of the Draft and listen to the opinions and suggestions of NPC deputies, CPPCC members and representatives of private enterprises more widely; Strengthen the supervision linkage with the Commission for Discipline Inspection, strengthen the administrative supervision of bidding, establish and improve the disciplinary mechanism of "one place is broken and everywhere is limited", actively explore and promote the comprehensive supervision mode of public resource transactions, and earnestly safeguard the fair competition order in the field of bidding; Timely issue policy documents to further promote the electronic bidding process during the 14th Five-Year Plan period, and revise and improve some standard bidding documents, so as to create a stable, fair, transparent and predictable bidding market environment for all kinds of market entities to invest and start businesses.

　　Thank you for your concern and support for development and reform.

　　Welcome to the website of our Committee (www.ndrc.gov.cn) for important information on national economic and social development policies, economic construction and social development, economic system reform, etc.

　

National Development and Reform Commission

October 14th, 2021

　　Scientists in China have made important progress in the research related to quantum Hall effect.

　　The research on quantum Hall effect in condensed matter physics has won three Nobel Prizes, one is the discovery of quantum Hall effect in two-dimensional electronic system, and the other is the discovery of fractional quantum Hall effect, both of which are phenomena under strong magnetic field. Another time was a theoretical discovery related to the quantum Hall effect.

　　Publish a screenshot of the periodical web page. The pictures in this article are all provided by Shanghai Jiaotong University.

　　Recently, the team of Li Tingxin and Liu Xiaoxue of Shanghai Jiaotong University discovered and verified the existence of fractional quantum anomalous Hall effect under the condition of zero magnetic field. The results were published in the famous journal Physics Review X in the field of physics research and were highly recommended.

　　According to Shanghai Jiaotong University, this achievement has made a breakthrough in this field, and the team paved the way for a series of follow-up studies through the original preparation method of new devices. This study opens the door to the study of novel physical properties such as fractional charge excitation and anyon statistics under zero magnetic field, and provides new possibilities and opportunities for topological quantum computing and other research.

　　Schematic diagram of Mohr superlattice structure formed by two layers of MoTe2 corners, in which red atoms represent Mo and blue atoms represent Te. Three highly symmetrical stacking modes are represented by circles with different colors in the figure.

　　Past lives of Hall Effect

　　When Edwin Hall, an American scientist, studied the conductive mechanism of metals in 1879, he found that when a current and a magnetic field perpendicular to the direction of the current were applied to a conductor, the trajectory of electrons in the conductor would be deflected due to Lorentz force, which would generate a voltage across the conductor perpendicular to the direction of the current and the magnetic field, which was called Hall voltage, and this effect was called Hall effect. According to the principle of Hall effect, Hall sensor has been widely used in speed sensing.

　　At the beginning of 1980, when studying the Hall resistance of two-dimensional electronic system, German physicist K. von Klitzing found that under the extreme conditions of extremely low temperature and strong magnetic field, the Hall resistance of the sample appeared a series of quantized platforms, and the longitudinal resistance would show zero resistance state accordingly. This phenomenon is called integer quantum Hall effect.

　　Later, theoretical physicists realized that the concept of topology must be introduced into physical research by using the topology theory in mathematics, so as to fully understand the integer quantum Hall effect, thus opening the era of topological physics research. Integer quantum Hall effect has also become the first topological quantum state of matter discovered by human beings.

　　Generally, electrons in vacuum always have an integer number of charges, so it is impossible to have a fractional charge. Li Tingxin, an associate professor at the School of Physics and Astronomy of Shanghai Jiaotong University, said, for example, that in the fractional quantum Hall effect that was surprisingly discovered later, an electron seemed to be split into three parts, each with a charge of 1/3. It can be said that the fractional quantum Hall effect is a strongly correlated quantum state of matter, which is essentially different from the integer quantum Hall effect. It is a strange quantum fluid and has become one of the important candidates for topological quantum computing.

　　However, if there is a normal effect, there may be an abnormal effect. In 1988, American theoretical physicist D. Haldane calculated that the integer quantum Hall effect under zero magnetic field could appear, which was later called the quantum anomalous Hall effect. This theoretical work is also one of his representative works that won the 2016 Nobel Prize in Physics. So far, the quantum Hall effect has won three Nobel Prizes.

　　Direct observation of fractional quantum anomalous Hall effect in rotation angle MoTe2

　　In recent years, based on the two-dimensional material Moire superlattice system, researchers at home and abroad have carried out a lot of theoretical and experimental research on fractional quantum anomalous Hall effect, and finally focused on the corner MoTe2 system. From April to May this year, the research team of Xiaodong Xu of Washington University and the research team of Kin Fai Mak and Jie Shan of Cornell University in the United States independently reported the signs of fractional quantum anomalous Hall states in corner MoTe2. However, optical measurement methods are generally difficult to give direct and conclusive evidence of the existence of fractional quantum anomalous Hall effect.

　　Left: The measured Hall resistance of fractional quantum anomalous Hall effect in rotation angle MoTe2 varies with magnetic field;

　　Right: The change of Hall conductance with the filling factor of Moire superlattice at zero magnetic field limit, and a clear quantized Hall conductance platform of integer (E 2/h) and fractional (E 2/3h) can be seen.

　　Recently, the teams of Li Tingxin and Liu Xiaoxue of Shanghai Jiaotong University (experiment) cooperated with the team of Zhang Yang of the University of Tennessee (theory), and made a breakthrough in the study of fractional quantum anomalous Hall effect. They designed and fabricated a novel corner MoTe2 Moore superlattice device, and directly observed the conclusive evidence of the existence of fractional quantum anomalous Hall effect by conducting electrical transport experiments, which was one of two independent experimental work in the same period in the world (the other experimental work was completed by Xiaodong Xu research team of the University of Washington, USA).

　　This work has been highly praised by the reviewers, which is considered as a breakthrough in the field, and the original new device preparation method paves the way for a series of subsequent studies around the fractional quantum anomalous Hall effect. This study opens the door to the study of novel physical properties such as fractional charge excitation and anyon statistics under the condition of zero magnetic field, and provides new possibilities and opportunities for topological quantum computing and other research. The paper was published in Physical Review X 13, 031037 (2023), and was recommended by the editor in the form of Featured in Physics. The review article "news &views" published by Nature holds that two research works provide a smoking-gun signature for the anomalous Hall effect of fractional quantum.

Volvo’s new XC90, which was recently unveiled at the Chengdu Auto Show, has attracted a lot of public attention since its debut. No matter whether it is its tough and unique appearance or the luxurious Nordic interior style, this authentic Nordic model has its unique charm, which continues to attract everyone’s attention.

However, unexpectedly, In less than 10 days on the market, the discount margin of the new Volvo XC90 has reached about 150,000 – 180,000 range. If it is in consideration of market performance, it should not be such a large price reduction in such a short period of time. So what is the significance of its guide price 63.09-84 9,900 yuan.

However, no matter what the reason is, the new XC90 has earned enough attention by relying on this price reduction, and has also become the new discount king. Although Volvo is also considered a luxury brand, compared with the old German luxury cars such as Mercedes-Benz, BMW, and Audi, its own influence and brand appeal still have a big gap, and it is impossible to face it head-on. Volvo’s usual approach is to use price cuts to attract consumers, which is also its usual marketing strategy. So it is not surprising that the new XC90 has slashed prices this time.

This new car cannot be counted as a new XC90, because only a small upgrade of the body interior and configuration is carried out, this is a mid-term model. In terms of the appearance of the new car, it retains the unique solemnity and stability of Volvo, giving people a strong sense of security. In terms of interior design, it showcases the luxury and comfort of the Nordic style. The new model’s interior has a stronger sense of technology than the old model, which is also a highlight. It is important to know that Volvo’s interior design level can be said to be a whole era behind.

For Volvo’s decline of about 150,000, it can also be seen as its return to its own level of price. People are more inclined to think that, The previous exorbitant pricing was just to demonstrate the toughness of the Volvo brand, and then huge price cuts were made as part of its marketing strategy. In any case, Volvo’s purpose has been achieved, and the effect is considered good.

[Source: Fast Technology] [Author: Ruofeng]

Mini-cars are deeply loved by young ladies because of their small and lovely shapes, and the main engine factory has also made great efforts in design, using various designs to keep mini-cars out of the circle.

In the field of mini-cars, he can be regarded as an expert who knows the mind of a young lady. Only two months after the new car went on the market, it received more than 20,000 orders, and the potential of the dark horse has been shown.

If you ask me, Pentium Pony is really an expert in powder pet. It launched a cute horse model with a surprise price of 24,900 yuan, which poked many people’s hearts.

The listing of cute horses is the best feedback from Pentium to fans, which further lowers the threshold for buying ponies and allows more people to take them home.

The shape is brilliant, and the cuteness is still the same.

Since it is called a "cute horse", it can’t be cute.

The cute horse still adopts the small and cute appearance of the pony. The front grille of different colors of the car body looks like the cute little face of the pony, and the charging port at the logo position is like the little nose of the pony, which is really cute with two big eyes.

The car body also uses a lot of "capsule design", and lovely capsule shapes can be seen in many places such as front bumper, side of car body, turn signal and wheel hub cover, which adds points to the cuteness of cute horses.

In addition, the new car also offers a variety of bright colors to choose from, including bubble blue, indigo blue, jasmine white, camellia green, peach powder and cheese white. The six-layer painting process is adopted, and the texture of the car paint is excellent enough.

At present, there are many powerful models and many beautiful models in the mini-car market. But cute horses are not only cute, but also unique.

In addition to the design of double color matching and contrast, the new car also provides more than 100 kinds of personalized appearance customization schemes, and each cute horse is unique.

As for the interior, like the appearance, it uses a variety of color matching, which is full of fun. The building block base on the instrument panel can insert all kinds of gadgets, which is fun and safe.

The lovely horse interior is also full of fun. The radio buttons are shaped like arcade game handles, and the brake pedal and electric switch pedal are respectively provided with music playing and pause patterns, which are interesting in image.

Imagine driving such a lovely car in daily life, whether it is shopping, picking up children or going out to play, it must be the most eye-catching one on the road.

Many configurations, high cost performance.

It is said that sparrows are small and complete. Although the price of the lovely horse is not high, it is unambiguous in configuration, and it is the existence of the top in the same level.

Uphill assist, reversing radar, and one that are often used in daily life make driving more comfortable. There is also the blessing of cold and warm air conditioning, so that the pony is not afraid of the cold and warm seasons, and always brings the driver the most comfortable driving experience.

Safety can’t be vague. The pony comes standard with the main driving airbag and the cage-type safety body blessing to ensure driving safety.

Of course, the new car also has the highest IP68 waterproof battery in its class. After more than 100 safety tests, the battery safety is guaranteed. Although the name is lovely horse, it is quite reassuring in terms of safety.

As a mini-car, the riding experience of the lovely horse is also excellent. Its length, width and height are 3000×1510×1630mm and its wheelbase is 1953mm, which is slightly better than MINIEV in size and wheelbase, and the interior space is guaranteed.

With the 6: 4 ratio design of the main and auxiliary seats of the lovely horse, the C-position experience of the main driver is created, and the daily travel is not restricted.

Of course, for a tram, it is necessary for us to look at its endurance. The cruising range of the lovely horse under CLTC condition is 122km, and there is no problem in daily commuting in the city.

The compact car body is matched with a 20kW rear motor, with a torque of 85N·m, which is absolutely enough power. It can be started quickly, and the control is very flexible. And the electricity consumption of the new car is only 8.8kW·h per 100 kilometers, which is only 5 cents per kilometer, which really saves money.

As an entry-level model of Pony family, the configuration, safety, endurance and so on of cute horses have not fallen behind, and it has truly achieved the super high cost performance that is rare in the same level.

Write it at the end

Pentium pony is cute and immediately available. Under the condition of excellent product strength, the price is also a great surprise. It is definitely the representative of the pet powder industry.

Surprisingly, the cute horse market also has huge cost-effective pet powder benefits. 24,900 yuan is all-inclusive, and the purchase tax is exempted and the insurance is paid, so that the discount is truly implemented in the hands of consumers.

In addition, the lovely horse also provides a lifetime service gift worth 6,000 yuan, including the lifetime warranty of the whole vehicle and Sandian, as well as the lifetime road rescue and renewal fund to reassure users.

Lovely horse market, the price of pony family came to 24,900-31,900 yuan. In the mini-car market, whether it is to pursue higher cost performance or prefer a better driving experience, Pentium pony is a very good choice.

　　According to the website of the State Administration of Market Supervision on February 18th, in 2021, the State Administration of Market Supervision organized a national supervision and spot check on the quality of kitchen and bathroom appliances. This time, 545 batches of kitchen and bathroom appliances produced by 518 enterprises were randomly selected, involving 7 kinds of products, such as range hoods, kitchen machinery, electromagnetic stoves, electric kettles, electric ovens and baking utensils, dishwashers and water storage electric water heaters. Among them, 11 batches of products are suspected of counterfeiting, unlicensed production or without effective energy efficiency labels, which have been handed over to the market supervision department where the enterprise is located. A total of 540 batches of products produced by 514 enterprises were inspected, and 103 batches of products were found to be unqualified, with an unqualified detection rate of 19.1%.

　　The unqualified detection rate of range hood is 18.5%. This time, 66 batches of products produced by 64 enterprises in 5 provinces (cities) were randomly selected, and one batch was suspected of counterfeiting, which was handed over to the market supervision department where the enterprise was located. Among the 65 batches of products produced by 64 enterprises inspected, 12 batches of products were found to be unqualified, and the unqualified detection rate was 18.5%, which was 0.3 percentage points higher than the last spot check. In recent three years, the unqualified detection rates of this product were 22.5%, 18.2% and 18.5% respectively.

　　The unqualified detection rate of kitchen machinery is 10.5%. This spot check was carried out in the circulation field. A total of 38 batches of products produced by 37 enterprises in 7 provinces (cities) were spot-checked, and 4 batches of products were found to be unqualified. The unqualified detection rate was 10.5%, which was 1.4 percentage points higher than the previous spot check. The unqualified detection rates of this product in recent three national supervision spot checks were 11.5%, 9.1% and 10.5% respectively.

　　The unqualified detection rate of electromagnetic stove is 54.1%. In recent years, it is the first time to spot-check electromagnetic stoves in the circulation field, and 78 batches of products produced by 78 enterprises in 8 provinces (cities) have been spot-checked, of which 1 batch is suspected of unlicensed production, 4 batches are suspected of not being labeled with effective energy efficiency labels, and 5 batches are suspected of counterfeiting, which have been handed over to the market supervision department where the enterprises are located. Among 74 batches of products produced by 74 enterprises inspected, 40 batches of products were found to be unqualified, and the unqualified detection rate was 54.1%.

　　The unqualified rate of electric kettle was 18.3%. This spot check was carried out in the circulation field. A total of 131 batches of products produced by 129 enterprises in 10 provinces (cities) were randomly checked, of which 24 batches of products were unqualified, and the unqualified detection rate was 18.3%, up 4.7 percentage points from the previous spot check. The unqualified detection rates of this product in recent 3 years were 2.2%, 13.6% and 18.3% respectively.

　　The unqualified rate of electric ovens and baking utensils was 6.8%. This spot check was carried out in the circulation field. A total of 103 batches of products produced by 88 enterprises in 11 provinces (autonomous regions and municipalities) were spot-checked, of which 7 batches of products were unqualified, and the unqualified detection rate was 6.8%, an increase of 1.2 percentage points over the previous spot check. The unqualified detection rates of this product in recent 3 years were 8.0%, 5.6% and 6.8% respectively.

　　The unqualified detection rate of dishwashers was 3.8%. This spot check was carried out in the circulation field. A total of 26 batches of products produced by 23 enterprises in 7 provinces (cities) were spot-checked. One batch of products was unqualified, and the unqualified detection rate was 3.8%, which was 16.2 percentage points lower than the previous spot check. In the past three years, the unqualified detection rates of this product were 20.0%, 20.0% and 3.8% respectively.

　　The unqualified detection rate of water storage electric water heater is 14.6%. This time, 103 batches of products produced by 99 enterprises in 8 provinces were randomly selected, of which 15 batches were unqualified, and the unqualified detection rate was 14.6%, which was 2.5 percentage points higher than the previous random inspection. In recent three years, the unqualified detection rates of national supervision and spot checks were 16.7%, 12.1% and 14.6% respectively.

　　In view of the problems found in this national supervision and spot check on product quality, the General Administration of Market Supervision requires the market supervision bureaus (departments and commissions) of all provinces, autonomous regions, municipalities directly under the Central Government and Xinjiang Production and Construction Corps to do a good job in handling the results of supervision and spot check in accordance with the Product Quality Law of People’s Republic of China (PRC) and the Interim Measures for the Administration of Product Quality Supervision and Spot Check. Seal up and detain unqualified products according to law, order unqualified product sales enterprises to stop selling the same product, comprehensively clean up and dispose of unqualified products in stock according to law; Ordered unqualified product manufacturers to stop producing and selling the same product, and made clear the rectification requirements, urged the implementation of rectification measures, and timely organized re-examination. Those suspected of committing crimes shall be promptly transferred to judicial organs. Incorporate serious illegal and untrustworthy enterprises into the list management of serious illegal and untrustworthy enterprises according to law.

[Interpretation of car home’s fresh technology] With the development of electrification, more and more automobile manufacturers are considering replacing the traditional engine with motor drive. However, for plug-in hybrid SUV, the role of motor must be diversified, not only to drive the vehicle, but also to help the vehicle realize the four-wheel drive function and help the dynamic performance of the whole vehicle at all times. Based on the above requirements, Schaeffler put forward a solution, which is used for the two-speed electric drive axle with P4 frame. To put it bluntly, a motor is installed on the rear axle, but the highlight is that it is equipped with a two-speed reducer for this motor. At present, this product has been installed on Changan CS75 PHEV and (|). Today, let’s see if it is unnecessary to do so.

Read the full text in a few minutes:

1. Putting an electric drive axle on the rear axle can make the plug-in hybrid SUV realize the four-wheel drive function;

2. The Schaeffler two-speed electric drive axle has been mass-produced in Changan CS75 PHEV and WEY P8;

3. The natural special effects of the motor determine that it can use a reducer with a fixed speed ratio, but the fixed speed ratio will reduce the high-speed dynamic performance of the vehicle, and the bridge can not give more help to the vehicle in the four-wheel drive mode.

4. Schaeffler’s two-speed electric drive axle is equipped with a two-speed reducer, which brings better acceleration performance, more efficient economy and meets the complex mode of hybrid vehicles;

5. The modular design of Schaeffler electric drive axle can adapt to different models and platforms.

1. What is an electric drive axle?

When it comes to traditional fuel vehicles, everyone knows that there are engines and gearboxes, and when it comes to electric vehicles, there are motors and battery packs. However, electric drive axle seems to be a strange word. In fact, it is the name of a system. It can integrate motor, reducer, differential and electronic control system to realize the electrification of the drive system. According to the different installation positions, it is placed on the front axle or rear axle of the vehicle to realize the pure electric drive of the front wheel or rear wheel. It can also be applied to pure electric vehicles, hybrid or plug-in hybrid vehicles according to different vehicle types.

Using rear axle electric drive to realize four-wheel drive can save a lot of space and weight, make room for battery pack, and also save the cost of transfer case and transmission shaft. At present, this method of placing the electric drive axle on the rear axle is widely used in plug-in hybrid SUVs. For example, BYD Tang 100 adopts P034 frame, Changan CS75 PHEV adopts P134 frame, and Great Wall WEY P8 adopts P04 frame.

Second, does the motor need a two-speed reducer?

Changan CS75 PHEV and WEY P8 are equipped with Schaeffler two-speed parallel-axis electric drive axle. From the name, we can see the characteristics of this electric drive axle. One is that it has the function of shifting gears, and the other is that it adopts the layout of flat shaft.

During high-speed cruising, or overtaking, the pure electric vehicle is a little weak, and the motor keeps a high speed at this time, because it does not operate in the most efficient working range, and the efficiency of the motor is not as good as that of the internal combustion engine. At this time, you can add a gear to the reducer of the motor and pull the speed of the motor back to the constant torque area. In this way, the dynamic performance of the vehicle can be improved and the economy can be improved.

Seeing this, someone must say that since the two-speed reducer is so good, why not use pure electric vehicles? Because for most pure electric vehicles, the ultimate capacity is not the first. Moreover, pure electric vehicles can make up for the lack of fixed gear ratio reducer by selecting motors with high power density and high speed and excellent electronic control system.