The China Banking Regulatory Commission issued three articles in a row over the weekend, and these things can’t be done in the future.

  Xinhuanet Beijing, January 8 (Yan Yuxi) On the first weekend of 2018, the China Banking Regulatory Commission issued three articles in succession, which the market interpreted as a signal of strong supervision and will continue in the New Year. These three policy documents are respectively Management Measures for Entrusted Loans of Commercial Banks, Interim Measures for Equity Management of Commercial Banks, and Management Measures for Large Risk Exposure of Commercial Banks (Draft for Comment), which are aimed at behaviors such as chaos of bank shareholders and chaos of shadow banks, and also reflect the idea of penetrating supervision.

  Entrusted loan management: make a "negative list" of the use of funds.

  On January 6th, China Banking Regulatory Commission issued the Measures for the Administration of Entrusted Loans of Commercial Banks (hereinafter referred to as the Measures). This is considered to be the first time that the entrusted loan business has been systematically regulated after the Notice on Issues Related to Commercial Banks’ Entrust Loan Business in 2000, in which a clear "negative list" has been made for the business orientation of entrusted loans, the responsibilities of all parties, the sources and uses of funds for entrusted loans, etc.

  The entrusted loan of commercial banks is a typical multi-layered nested channel business. In recent years, the entrusted loan business of commercial banks has developed rapidly, which has played a positive role in serving the development of the real economy. However, due to the lack of unified institutional norms, there are also certain risks.

  It is clear in the Measures that commercial banks shall not identify borrowers on behalf of their clients, participate in loan decision-making and provide various forms of guarantees; The client shall determine the borrower of the entrusted loan by himself, review the borrower’s qualification and loan items, and bear the credit risk of the entrusted loan.

  As for the source of funds for entrusted loans, commercial banks may not accept entrusted loans from other people’s funds, bank credit funds, various special funds with specific purposes, other debt funds and funds whose sources cannot be proved.

  With regard to the use of funds for entrusted loans, the funds shall not be used for production, operation or investment in fields and uses prohibited by the state, nor for investment in bonds, futures, financial derivatives, asset management products, etc., nor for registered capital, registered capital verification, equity investment or capital increase and share expansion.

  Many people in the industry told reporters that the introduction of this new regulation is in line with the previous new regulations on asset management and the Notice on Regulating Banking and Credit Business, thus guiding the entrusted loan funds to return to their original sources.

  In response to a reporter’s question, the China Banking Regulatory Commission said that the formulation of the Measures aims to make up for the shortcomings of supervision, fill the gap in the entrusted loan supervision system, and provide an institutional basis for commercial banks to handle entrusted loan business. In addition, in order to strengthen risk management, the Measures require commercial banks to improve the internal management system and process of entrusted loan business, strictly control risk measures, and not to carry out business beyond the duties of the trustee, and at the same time strengthen relevant regulatory requirements.

  Formulate measures for the management of large-value risk exposure of banks

  Credit concentration risk is one of the most important risks faced by banks. On January 5th, China Banking Regulatory Commission issued the Management Measures for Large Risk Exposure of Commercial Banks (Draft for Comment), which refers to inter-bank business.

  Three factors are mainly considered in setting regulatory standards: first, convergence with current regulatory requirements; second, pressure on domestic banks to meet standards; and third, reference to international regulatory standards.

  For single customers who are not in the same trade, the Measures reiterated the requirement of the Commercial Bank Law that loans should not exceed 10% of capital, and stipulated that all credit risk exposures including loans should not exceed 15% of Tier 1 capital.

  For non-affiliated customers, the Measures stipulate that their risk exposure shall not exceed 20% of Tier 1 capital. Non-affiliated customers include group customers and economically dependent customers. The current Guidelines for Risk Management of Group Customer Credit Business of Commercial Banks stipulates that the credit balance of group customers shall not exceed 15% of the bank’s capital.

  For interbank customers, according to the regulatory requirements of the Basel Committee, the Measures stipulate that their risk exposure shall not exceed 25% of Tier 1 capital. Considering that the interbank risk exposure of some banks exceeds the regulatory standards stipulated in the Measures, the Measures set a three-year transition period for the risk exposure of interbank customers.

  In response to a reporter’s question, the China Banking Regulatory Commission said that the Measures have raised the regulatory requirements of a single bank on the risk exposure of a single interbank customer, which is consistent with the current policy orientation of dealing with the chaos in the same industry, and helps to guide banks to return to their original sources, focus on their main business, and weaken their dependence on interbank business. The Measures clarify the upper limit of the total amount of credit granted by a single bank to a single enterprise/group, further standardize the interbank business, help guide banks to invest more funds in the real economy, especially change the phenomenon of "hitchhiking" and "relying on large households" in the process of credit granting, improve the credit availability of small and medium-sized enterprises and improve the efficiency of credit resource allocation.

  Standardize the behavior of shareholders of commercial banks

  On the evening of January 5th, the CBRC issued the Interim Measures for Equity Management of Commercial Banks (hereinafter referred to as the Measures). On the basis of the public consultation draft issued at the end of last year, it continued to strengthen the regulation of major shareholders’ behaviors, focusing on solving the problems of major shareholders abusing their rights and interfering in bank operations.

  The number of shares in commercial banks is limited. It is clearly stipulated in the Measures that the number of shares in commercial banks by the same investor, its related parties and concerted parties as major shareholders shall not exceed two, or the number of holding commercial banks shall not exceed one.

  How to define major shareholders? The Measures point out that major shareholders are defined as "shareholders who hold or control more than 5% of the shares or voting rights of commercial banks, or who hold less than 5% of the total shares but have a significant impact on the operation and management of commercial banks".

  The Measures require major shareholders to explain the ownership structure to commercial banks and regulatory authorities layer by layer until the actual controller and ultimate beneficiary, and limit the number of major shareholders participating in commercial banks; It is required to establish a negative list of major shareholders’ behaviors, and major shareholders may not transfer their shares within five years from the date of acquiring shares.

  The China Banking Regulatory Commission said that the Measures have established and improved a "trinity" penetrating regulatory framework from shareholders, commercial banks to regulatory authorities, focusing on solving problems such as invisible shareholders and share holding. The comprehensive, true and accurate information of shareholders is the basis of equity management of commercial banks. In response to violations such as invisible shareholders and share holding, the Measures clarify the responsibility of major shareholders to submit information, the responsibility of commercial banks to verify information, and the final responsibility of the regulatory authorities.

  It is worth noting that the Measures also restrict the holding of bank shares by financial products. Article 25 of the Measures stipulates that "financial products can hold shares of listed commercial banks, but the total shares of financial products controlled by a single investor, issuer or manager and their actual controllers, related parties and concerted parties in the same commercial bank shall not exceed 5% of the total shares of the commercial bank. The major shareholders of a commercial bank shall not hold shares of the same commercial bank with financial products issued, managed or controlled by other means ".

91-year-old man "involved in black"? "Focus Interview" talks about grasping the scale of anti-vice.

The police report showed that the 91-year-old man was listed as a suspect.

  Recently, an 81-year-old couple and a 54-year-old son in Pizhou City, Jiangsu Province were listed as suspects in the anti-gang activities, and the local public security bureau also offered a reward of 1000 yuan to 10,000 yuan to collect clues about their involvement in the crime. This matter quickly fermented in the field of public opinion, and some netizens hotly debated that "this is probably the oldest ‘ Black ’ Personnel ".

  The Public Security Bureau of Pizhou City responded quickly on July 19: two elderly sons were instructed by their sons to occupy the village collective houses for a long time without any reason, and the three repeatedly went to the police station to insult the police and block the investigation.

  Procurator-General of the Supreme People’s Procuratorate: Every criminal is spared, and every criminal is not spared.

  "It doesn’t mean that you won’t be suspected of committing a crime when you are older." The local police responded to the media like this. Although there is nothing wrong with the truth, "evil forces" is not a small charge, so we must be cautious when deducting it.

On July 18th, "Focus Interview" broadcast the program "Sweeping the evil and eliminating the evil".

  On July 18th, "Focus Interview" broadcast the program "Sweeping the Black and Eliminating Evil", which discussed exactly how to judge and grasp the scale in the process of sweeping the black.

  At the beginning of the program, three key terms were put forward: underworld, evil group and evil force. These are three types of crimes with decreasing severity, and the judgment standards and sentencing are also different.

  The program cited a case to illustrate. In Fengcheng Reservoir, Zhenjiang City, Jiangsu Province, some people had a dispute over the right to operate the reservoir. On one side is the reservoir operator named Luming, and the name of the dispute with him is hao yang. Since 2010, hao yang has been hoping to get the right to operate the reservoir from Luming, so many people have been gathered from the society to harass.

  In the most serious case, hao yang gathered several people to the scene with clubs to make a nuisance, and had a fight with several workers under Luming, injuring the workers and Luming. There were five cases that constituted illegal crimes, and they were convicted of crimes of suspected provocation and affray.

  Hao yang gangs mainly obtain economic benefits through usury, and have repeatedly committed crimes. In order to collect usury, the debtor is often forced by soft violence such as threats and intimidation, and once he even illegally detained the other party in the guest room for four days.

  In addition, some hao yang gang members also participated in the crime committed by the gang headed by Fang Yadong, forming another criminal group. After mastering a large amount of evidence, in April 2018, hao yang and Fang Yadong were listed as the first batch of triad-related cases in Jiangsu Province, and finally 36 illegal and criminal facts were determined.

  Although the facts of the crime have been ascertained, both parties have different views on the qualitative and public prosecution of the case. The public security organs believe that this belongs to organized crime of underworld nature, while the procuratorial organs believe that it belongs to evil criminal groups. Because from the aspects of organization, economy and harmfulness, it is not enough for the standard of black-related.

  After repeated investigation and communication, the procuratorate decided to prosecute according to "evil-related". Defendants hao yang and Fang Yadong were sentenced to five years’ imprisonment for the crime of affray, the crime of stirring up trouble, and the combined punishment of several crimes. However, if they are classified as "organized crimes of underworld nature", the sentencing will be heavier.

  The case reported in Focus Interview comes from the Selected Typical Cases of Procuratorial Organs’ Special Struggle to Eliminate Evil (Series 3) recently issued by the Supreme People’s Procuratorate (hereinafter referred to as the Selected Works). This edition of Selected Works contains a total of five cases, all of which are selected according to Zhang Jun, Procurator-General of the Supreme People’s Procuratorate’s requirements of "not letting go of all black and evil crimes, but not making up all black and evil crimes", aiming at strictly following the principles of legality, judging evidence, excluding illegal evidence, procedural justice and so on, and standardizing handling cases according to law.

  National Anti-triad Office: Minors, the elderly and the disabled should be especially careful when identifying evil forces.

  While the iron is hot, you need to be hard. Since the launch of the "anti-vice" campaign, the National Anti-vice Office has repeatedly issued guidance opinions and material compilations to ensure that the special struggle against vice has always been promoted on the track of the rule of law, and to ensure the principle of "neither being degraded nor artificially inflated".

  For example, on April 9 this year, the Supreme People’s Court, the Supreme People’s Procuratorate, the Ministry of Public Security and the Ministry of Justice jointly issued four opinions, namely, Opinions on Handling Criminal Cases of Evil Forces, Opinions on Handling Criminal Cases of Routine Loans, Opinions on Handling Property in Criminal Cases of Evil Forces, Opinions on Handling Criminal Cases of Soft Violence, and so on, which were released to the public and provided for severely punishing crimes committed by evil forces according to law.

  Among them, the Opinions on Several Issues Concerning Handling Criminal Cases of Evil Forces clearly stipulates the identification standards, relevant requirements and specific implementation of handling criminal cases of evil forces.

  The "Opinions" pointed out that to identify "evil forces", we should consider factors such as "more than three people, the participants are relatively fixed" and "often gathering together to commit illegal and criminal activities in a certain area or industry for many times by violence, threats or other means".

  Article 12 of the Opinion also clearly stipulates that if all members or ringleaders, pickers and other important members are minors, the elderly and the disabled, they should be particularly cautious when identifying evil forces and criminal groups of evil forces.

  After the promulgation of these opinions, it has played a great role in law enforcement for judicial personnel to comply with regulations and reasonably enforce the law. Liang Jian, vice president of Criminal Court No.1 of Zhejiang Higher People’s Court, once told the media: "The trial and judgment of each case will play a leading role in the direction. Therefore, we should be particularly cautious in handling cases of eliminating evils. ‘ Don’t pull high or lower ’ " .

  Zhang Jun, the Procurator-General of the Supreme People’s Procuratorate, repeatedly stressed: "We should adhere to the rule of law thinking and the rule of law, and strengthen the awareness of procedure and evidence.". This is also the meaning of "special caution".

  In the Selected Editions issued by the Supreme People’s Procuratorate, every case involving black and evil has been sorted out and discussed in detail according to this standard, forming a complete evidence material, ensuring "accurate and solid". For example, in the case of "Cheng Moumou, Huang Moumou and other 14 people organizing, leading and participating in underworld organizations", in addition to the crimes that have been identified, according to the recommendations of the procuratorial organs, the public security organs set up a special case-handling team to supplement 117 volumes of evidence materials.

  If these two elderly people are really "involved in triad activities", the Public Security Bureau of Pizhou City should, in accordance with the spirit of the opinions of the National Anti-triad Office, release more detailed and powerful criminal evidence to the public in the follow-up investigation, clarify doubts to the public in time, and enforce the law transparently.

  "Every case can stand the test of history and law, so that the social atmosphere can be clearer and the people can gain a sense of happiness and security, which is more substantial, more secure and more sustainable." At the end of this issue of Focus Interview, the host made a conclusion with such a paragraph.

Ensure the safety and stability of the industrial chain supply chain (in this decade, the general secretary encouraged enterprises to develop with high quality)

  "We must strengthen the leading function of high-end industries, adhere to the strategic positioning of modern service industry as the mainstay and advanced manufacturing industry as the support, and strive to master the core links of the industrial chain and occupy the high-end position of the value chain."


  "Grasp the transformation and upgrading of traditional industries on the one hand, and the development and growth of strategic emerging industries on the other, promote the accelerated development of manufacturing industry to digitalization, networking and intelligence, and improve the stability and modernization level of industrial chain supply chain."


  …………


  The security and stability of industrial chain supply chain is the basis of building a new development pattern. Since the 18th National Congress of the Communist Party of China, the General Secretary of the Supreme Leader has been concerned about the safety and stability of the industrial chain supply chain. When he visited various places, he repeatedly made important instructions and put forward clear requirements, which pointed out the way forward for the vast number of enterprises to strive for high-quality development.


  The entity is stable and the economy is stable. Turning over China’s economic map, from the three northeastern provinces as old industrial bases to the Pearl River Delta at the forefront of reform and opening up, from the equipment manufacturing that breeds great powers and heavy weapons to the emerging industries that are bubbling with vitality in generate, in the past ten years, the vast number of entrepreneurs have kept in mind the earnest entrustment of the General Secretary, strengthened their chains and bones, and made digital transformation for development, which has strongly supported China’s economy to be stable and far-reaching.


  "We must strengthen the independent research and development of key core technologies and key components, realize technological self-reliance and self-improvement, and become a stronger and bigger national brand."


  The first domestic full-face, large-slope inclined shaft boring machine applied to Luoning Pumped Storage Power Station passed the acceptance test successfully. The large-caliber EPB shield machine exported to Israel is being dismantled and shipped … Entering the shield assembly workshop of China Railway Engineering Equipment Group Co., Ltd., all the equipment is at full capacity, and many production lines are busy.


  On May 10th, 2014, General Secretary of Supreme Leader inspected the shield assembly workshop of China Railway Engineering Equipment Group Co., Ltd., and affirmed the independent innovation of on-site scientific and technical personnel and workers to overcome scientific research problems and break through the technical barriers of shield machine system integration. The general secretary pointed out: "The equipment manufacturing industry is the backbone of a country’s manufacturing industry. At present, there are still many shortcomings in China’s equipment manufacturing industry. It is necessary to increase investment, strengthen research and development, accelerate development, strive to occupy the commanding heights of the world, and control the right to speak technology, so as to make China a modern equipment manufacturing country."


  Bearing in mind the entrustment of the General Secretary, China Railway Equipment has established a major special research institute in conjunction with more than 500 upstream and downstream enterprises, and has successively broken through many key technologies such as large displacement pumps and main drive seals, and completed the application on the construction site.


  Overcome the technological "fortress" and let enterprises reshape their development advantages. "In the first half of this year, the amount of new contracts signed by the company rose against the trend, with a year-on-year increase of 58%. Up to now, the cumulative order has exceeded 1,400 units and exported to more than 30 countries and regions. " Zhao Hua, Party Secretary and Chairman of China Railway Equipment, firmly said, "We will implement the important instructions of the General Secretary and strive to seize the commanding heights of the world roadheader technology."


  As an important pillar industry of the national economy, the automobile industry has always been the main position to achieve technical self-reliance.


  On July 23, 2020, General Secretary of the Supreme Leader learned about the research and development of new technologies and inspected the latest vehicle products in the vehicle hardware testing laboratory and enterprise exhibition hall of FAW Group R&D Institute. The general secretary stressed: "To promote the high-quality development of China’s automobile manufacturing industry, we must strengthen the independent research and development of key core technologies and key components, realize technological self-reliance and self-reliance, and become a stronger and bigger national brand."


  "The general secretary’s entrustment has made the technicians present feel surging, which has also inspired our confidence and determination to achieve technical self-reliance." Wang Sibo, senior director of the Institute of Motor and Electric Drive of New Energy Development Institute of China FAW R&D Institute, said that in the past two years, he led the team to break through the key technology of ultra-high performance permanent magnet synchronous electric drive system, and the developed 245 kW electric drive system was successfully mass-produced and loaded, reaching the international leading level.


  "China FAW thoroughly implements the spirit of the important speech of the Supreme Leader General Secretary, strengthens core technological breakthroughs and independent innovation of key technologies, and is gradually breaking through a series of key technologies." Xu Liuping, Party Secretary and Chairman of China FAW, introduced that in the field of traditional fuel engines, China FAW has independently controlled the high-efficiency and energy-saving power platform for passenger cars with a displacement of 1.0 liters to 6.0 liters, with an engine thermal efficiency of over 39%; In the field of hybrid power, it has broken through six core technologies, such as ultra-high compression ratio Miller cycle and low pressure EGR (exhaust gas recirculation system). In the field of new energy, we have broken through nine key technologies such as high-power motor, high-energy density battery and thermal runaway warning, and are developing technologies such as solid-state battery and hydrogen fuel engine.


  Keep in mind the entrustment and forge ahead. Since the 18th National Congress of the Communist Party of China, China has firmly implemented the strong industrial base project and the industrial base reconstruction project. A number of key basic products and materials such as rail transit and power equipment have basically met the domestic needs, and key parts such as hub bearings, gears and racks have achieved technical and scale applications. The gratifying progress in tackling key problems in the industrial chain in key areas has helped to further enhance the core competitiveness of the manufacturing industry.


  "I hope that enterprises will make persistent efforts in scientific and technological innovation, bravely climb the peak, and take new and greater steps in supporting the development of advanced manufacturing industries."


  To strengthen the real economy, we should not only focus on building a solid industrial foundation, but also accelerate the development of advantageous industries, promote the modernization of industrial chains, and create products and services with global competitiveness.


  On June 22, 2017, General Secretary of the Supreme Leader pointed out during the inspection of Shanxi Gangke Carbon Materials Co., Ltd.: "The new material industry is a strategic and basic industry, and it is also a key area of high-tech competition. We must catch up and catch up."


  Slim in size, but able to resist high winds and run at high speed on the ice … In February this year, at the Beijing Winter Olympics, snowmobiles and snowmobile helmets made of TG800 carbon fiber from Shanxi Steel Company were unveiled, and they attracted countless powders.


  The density of this carbon fiber material is only 1/4 of that of steel, but its strength is 5-10 times that of steel. With many excellent properties, it is praised as "black gold" by the industry and widely used in high-tech fields such as aerospace.


  "In 2017, the second phase of the high-performance carbon fiber production line with an annual output of 500 tons is still under construction. Now the third phase of the project with an annual output of 1,800 tons of high-end carbon fiber has been put into production, and the fourth phase of the advanced composite material production line has also been completed." Yang Han, then the chief engineer, said that now the enterprise can meet the demand of high-performance carbon fiber for major national projects and key projects.


  "In the future, it is planned to invest in two new 2,000-ton production lines and a flexible test line. It is estimated that by the end of the 14 th Five-Year Plan, the annual output of 6,000 tons of high-end carbon fiber will be achieved." Chang Chunbao, secretary of the Party Committee and general manager of Shanxi Iron and Steel Company, is full of confidence in moving towards a world-class carbon fiber industrial base.


  Accelerate the development of advantageous industries, and traditional industries are also promising.


  On May 24th, 2014, at the Technical Center of Shanghai Automotive Group, General Secretary of the Supreme Leader visited the automobile modeling design, prototype trial production and new energy joint debugging test. The general secretary affirmed their innovative spirit of catching up with the forefront and stressed that "developing new energy vehicles is the only way for China to move from a big automobile country to a strong automobile country".


  Recalling the affirmation of SAIC’s innovative spirit during the general secretary’s inspection, Wang Jian, executive director of electric drive business of SAIC Jieneng Automobile Technology Co., Ltd., was very excited. In the past eight years, the intelligent electric drive gearbox team of SAIC, led by him, braved the "hard bones" with domestic suppliers and gradually mastered all key technologies such as motors, inverters and motor control software. In the third quarter of next year, the third-generation plug-in hybrid gearbox with faster shifting, stronger power and lower fuel consumption will be loaded in batches.


  "The important instructions of the Supreme Leader General Secretary have pointed out the direction for the development of China’s automobile industry." Chen Hong, secretary of the Party Committee and chairman of SAIC, said that SAIC has put forward the goals of electrification, intelligent networking, internationalization and sharing. During the "Thirteenth Five-Year Plan" period, it has invested nearly 60 billion yuan in research and development, creating "seven technical bases" such as pure electric exclusive systematization platform, electromechanical integrated vehicle architecture and hydrogen energy exclusive architecture. During the "14th Five-Year Plan" period, SAIC will invest 300 billion yuan in the fields of new energy and intelligent networking, focusing on cutting-edge technologies such as skateboarding platform, integrated casting and solid-state batteries, and speeding up the solution of the "stuck neck" problem.


  Looking to the upstream iron and steel industry, in the production workshop of China Baowu Taigang Stainless Steel Precision Strip Co., Ltd., coils of steel strip are finally turned into ultra-thin precision stainless steel foil after rolling, polishing, straightening and slitting. Groups of "hand-torn steel" with different specifications have gone to the world from here and entered the fields of aerospace, high-end electronics and new energy.


  On May 12, 2020, when General Secretary of the Supreme Leader came to Taigang Stainless Steel Precision Strip Co., Ltd. for investigation and investigation, he picked up a piece of "hand-torn steel"-stainless steel foil with a thickness of only 0.02 mm, twisted it with his fingers and praised it: "Hundred steels have been made into soft fingers." The general secretary pointed out: "products and technology are the foundation for enterprises to settle down." I hope that enterprises will make persistent efforts in scientific and technological innovation, bravely climb the peak, and take new and greater steps in supporting the development of advanced manufacturing industries. "


  "The words of the General Secretary are inspiring and firm in confidence!" Wang Tianxiang, secretary of the Party Committee and manager of Jingdai Company, said that over the past two years, the R&D team has experienced hundreds of tests and finally broke the thickness of "hand-torn steel" from 0.02 mm to 0.015 mm, and its performance and application have also extended to new fields. "Last year, production, sales and profits increased by two times compared with the previous year. In the first five months of this year, production and sales continued to be booming, and new breakthroughs are expected throughout the year."


  Practice stronger unique skills and forge more industrial longboards. The output of more than 100 kinds of materials, such as advanced energy storage materials, photovoltaic materials and superhard materials, ranks first in the world, and 22 national manufacturing innovation centers, such as power batteries and additive manufacturing, have been laid out and built successively. Since the 18th National Congress of the Communist Party of China, a large number of outstanding enterprises have intensively cultivated in the fields of industrial advantages, making important contributions to supporting the construction of a manufacturing power.


  "We must firmly promote industrial transformation and upgrading, strengthen independent innovation, develop high-end manufacturing and intelligent manufacturing, and promote China’s manufacturing industry and real economy."


  For the industrial transformation and upgrading, the Supreme Leader General Secretary Nianzi is here and always pays close attention to it.


  On September 17, 2019, General Secretary of the Supreme Leader stressed during his inspection of Zhengzhou Coal Mining Machinery Group Co., Ltd.: "We must firmly promote industrial transformation and upgrading, strengthen independent innovation, develop high-end manufacturing and intelligent manufacturing, and make China’s manufacturing industry and real economy."


  Set a new world record In August, 2021, the prototype of 10-meter super-high mining height two-column shield hydraulic support developed by Zheng Coal Machine successfully rolled off the production line, creating a new height of coal mine support equipment in the world.


  "From 8.8 meters to 10 meters, we have built the hydraulic support with the highest mining height and the highest technical index in the world." Wang Yongqiang, deputy general manager and chief engineer of Zheng Coal Machinery, proudly said, "We have been on a par with the leading enterprises of international coal machinery!"


  "In recent years, we have always kept in mind the general secretary’s entrustment and made progress towards high-end." Jiao Chengyao, Party Secretary and Chairman of Zhengmei Machinery, said that at present, the enterprise sales network covers all coal-producing areas in China, and international orders have increased year after year. From January to June this year, overseas sales increased by 469% year-on-year.


  Accelerating the transformation and upgrading of traditional industries requires both hardware breakthroughs and software assistance.


  On December 12, 2017, when General Secretary of the Supreme Leader visited Xugong Group Heavy Machinery Co., Ltd., he came to the crane chassis assembly workshop of the company to inspect the intelligent production line and watch the operation demonstration of the industrial Internet big data platform. The general secretary pointed out: "The equipment manufacturing industry is the backbone of the manufacturing industry. It is necessary to increase investment, strengthen research and development, accelerate development, strive to occupy the commanding heights of the world, and control the right to speak technology, so as to make China a big country in modern equipment manufacturing."


  "We dare not slack off for a moment!" Wang Min, chairman of Xugong Machinery, said that Xugong Machinery conscientiously implemented the spirit of the important speech of the General Secretary. After 10 years of process accumulation and 2 years of R&D and manufacturing, it solved the problem of low intelligent welding rate of turntable structural parts in crane industry. "We can proudly report to the General Secretary that the world’s first intelligent crane production line was born in China!"


  Nowadays, the structural workshop of Xugong Hoisting Machinery Division has been greatly changed. Instead of a group of workers wearing heavy welding clothes, a group of robots are used to carry out intelligent welding operations, with a daily output of 40 cranes. The industrial Internet big data platform watched by the General Secretary has also ushered in a new upgrade. Xu Gong Hanyun’s industrial Internet platform has successfully empowered more than 80 industries including equipment manufacturing, non-ferrous metals and construction machinery, with over 70,000 service enterprises.


  To speed up the transformation and upgrading, we should make green a bright background of traditional industries.


  On October 22, 2018, General Secretary of the Supreme Leader came to Gree Electric Co., Ltd. and had a cordial conversation with researchers in the State Key Laboratory of Energy Saving for Air Conditioning Equipment and System Operation. The general secretary pointed out: "advanced manufacturing is a key to the real economy, and economic development can’t be divorced from reality at any time."


  "With the care of the General Secretary, we are more motivated." Dong Mingzhu, chairman of Gree Electric, said that more than 10,000 R&D personnel kept in mind the entrustment of the General Secretary, made efforts to break through key core technologies and promote green transformation.


  In April, 2021, at the Global Refrigeration Technology Innovation Grand Prix, the "zero carbon source" air conditioning technology developed by the joint team of Gree Electric and Tsinghua University won the highest prize in more than 2,100 projects in 94 countries.


  "With the adoption of’ zero carbon source’ air conditioning technology, carbon emissions are lower than those of traditional air conditioners by more than 80%, and green efforts have made enterprises glow with new vitality." Dong Mingzhu said that the photovoltaic (energy storage) air conditioning system independently developed by Gree Electric has settled in more than 30 countries and regions, and the operating income of the green energy sector in 2021 exceeded 2.9 billion yuan, a year-on-year increase of 63%.


  "As the General Secretary left Gree Electric, we shouted,’ Please rest assured, General Secretary! We must redouble our efforts to make the world love Made in China!’ We will work hard and make new achievements! "Dong Mingzhu said.


  To promote high-quality economic development, we must make the real economy, especially the manufacturing industry, better and stronger, and take improving the level of the whole industrial chain as the main direction. Striving for a new journey and building a new era, under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, adhering to the guidance of Socialism with Chinese characteristics Thought of the Supreme Leader in the new era, vigorously promoting scientific and technological innovation, accelerating key core technology research, and constantly improving the modernization level of the industrial chain supply chain, we will certainly be able to create new advantages for future development and write a new chapter of high-quality development.


  (Reporter Wang Zheng, Han Xin, Li Xinping, He Linping, Zhu Peixian)  


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