Director of the National Bureau of Statistics answered a reporter’s question on the national economic operation in 2023.

(January 17, 2024)

 

 

  On January 17th, the State Council Press Office held a press conference. Kang Yi, director of the National Bureau of Statistics, and Wang Guanhua, spokesman of the National Bureau of Statistics, introduced the national economic operation in 2023 and answered questions from reporters. The transcript of the press conference is as follows:

 

  Shou Xiaoli, deputy director and spokesperson of the State Council Information Office.

 

  Good morning, ladies and gentlemen! Welcome to the press conference of the State Council Information Office. Today, we released economic data routinely. We invited Mr. Kang Yi, director of the National Bureau of Statistics, and Ms. Wang Guanhua, spokesperson of the National Bureau of Statistics, to introduce the national economy in 2023 and answer your concerns.

 

  Next, let’s first invite Mr. Kang Yi to make an introduction.

 

  Kang Yi, Director of National Bureau of Statistics.

 

  Thank you, host. Good morning, media friends. First of all, let me introduce the national economy in 2023.

 

  In 2023, the national economy rebounded and high-quality development was solidly promoted. In 2023, in the face of the complicated and severe international environment and arduous and arduous tasks of domestic reform, development and stability, under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, all localities and departments conscientiously implemented the decision-making arrangements of the CPC Central Committee and the State Council, adhered to the general tone of striving for progress while maintaining stability, comprehensively implemented the new development concept, accelerated the construction of a new development pattern, comprehensively deepened reform and opening up, and intensified macro-control. Efforts were made to expand domestic demand, optimize the structure, boost confidence and prevent risks. China’s economy rebounded, supply demand improved steadily, transformation and upgrading were actively promoted, employment prices were generally stable, people’s livelihood security was strong and effective, and high-quality development was solidly promoted. The main expected goals were successfully achieved. (For details of the national economy in 2023, please refer to the link https.://www.stats.gov.cn/sj/zxfb/202401/t20240117_1946624.html)

 

  Next, I will give you a briefing on the improvement of the unemployment rate survey by age groups in cities and towns.

 

  The National Bureau of Statistics attaches great importance to the improvement of the labor force survey system, organizes relevant departments and experts to conduct in-depth discussions, study international standards and experiences and practices of various countries, and conducts on-the-spot investigations to carefully sort out the statistical methods and caliber of studying the unemployment rate. In order to reflect the employment and unemployment situation of youth more accurately and completely, from the point of view of fully considering the national conditions, the unemployment rate statistics of age groups have been adjusted in two aspects. One is to publish the unemployment rate of the labor force aged 16-24, which does not include students at school; The second is to increase the unemployment rate of the 25-29-year-old labor force excluding students at school. There are two main considerations:

 

  On the one hand, it is to monitor youth employment and unemployment more accurately. In 2023, on average, among the urban population aged 16-24 in China, students accounted for more than 60%, nearly 62 million; Non-school students account for more than 30%, about 34 million people. According to China’s national conditions, the main task of school students is to study, not to work part-time. If school students are included in the age group, young people who are looking for part-time jobs at school and those who are looking for jobs after graduation will be mixed together, which cannot accurately reflect the employment and unemployment situation of young people who really need to work in society. Calculating the unemployment rate of different age groups excluding students in school is conducive to more accurately reflecting the employment and unemployment situation of young people entering the society, giving them more accurate employment services and formulating more effective and targeted employment policies.

 

  On the other hand, it is to reflect the whole picture of employment and unemployment of young people in the process of graduation from school to stable work. The number of years of education of young people in China has been increasing. At present, the gross enrollment rate of higher education in China is nearly 60%. Most young people just graduated at the age of 24 and are still in the period of choosing jobs. Some of them are unemployed or unstable. By the age of 29, most of them have passed the period of choosing jobs, and the employment situation tends to be stable. All walks of life are very concerned about the employment situation of young people when they just leave school, and they are also very concerned about their employment situation for a period of time after graduation. Therefore, our bureau increased the calculation and released the unemployment rate of the 25-29-year-old labor force.

 

  Regarding the release method, in the future, our bureau will release the unemployment rate of the labor force aged 16-24, 25-29 and 30-59 excluding students in the data release database of the National Bureau of Statistics on a monthly basis. You can query the data in the data release database.

 

  I’ll stop here and answer your questions.

 

  Beijing Youth Daily reporter

 

  I want to ask about the general situation. In 2023, faced with multiple challenges such as weak world economic recovery, frequent domestic natural disasters and arduous tasks of reform, development and stability, what is the overall performance of China’s economic operation? From last year’s point of view, have our main objectives and tasks been better achieved throughout the year? Thank you.

 

 

  Kang Yi

 

  Thank you for your question. In the previous introduction, the annual performance of China’s economy was introduced in detail. On the whole, our main expected goals have been successfully achieved. It can be said that a transcript with good color and sufficient weight was handed over. For the economic performance of the past year, it can be summarized as a rebound, full of color, bright performance, and it is not easy.

 

  First, the recovery is good. From the perspective of economic growth, China’s GDP exceeded 126 trillion yuan in 2023, and the growth rate was 2.2 percentage points faster than that in 2022. Quarterly, it shows a trend of low, high and stable, and the positive trend is further consolidated. According to the comparable price calculation, the economic growth in 2023 will exceed 6 trillion yuan, which is equivalent to the total economic output of a medium-sized country in one year. The per capita GDP increased steadily, reaching 89,358 yuan in 2023, an increase of 5.4% over the previous year. From the perspective of employment, the employment situation has generally improved. The average unemployment rate in urban surveys has dropped by 0.4 percentage points over the previous year, especially for migrant workers. From the perspective of prices, prices generally maintained a moderate increase, with the annual CPI rising by 0.2% and the core CPI rising by 0.7%. From the perspective of international payments, the export of goods increased by 0.6% in the whole year, and the foreign exchange reserves at the end of the year exceeded 3.2 trillion US dollars.

 

  Second, the color is full. Last year, we coordinated the effective improvement of quality and the reasonable growth of quantity. The whole country closely focused on the primary task of high-quality development, and promoted the economy to continuously win advantages in structural adjustment and transformation and upgrading, so that high-quality development was more complete. The innovation-driven development strategy was implemented in depth, and the investment in innovation increased steadily. According to preliminary calculation, in 2023, the investment in research and experimental development of the whole society reached 3,327.82 billion yuan, and the intensity of R&D investment reached 2.64%, up by 0.08 percentage point over the previous year. In this year, some major scientific and technological innovations were reported frequently, especially the high-end, intelligent and green development of manufacturing industry was solidly promoted. With the optimization and upgrading of economic structure, the role of service industry and consumption as the main engines of economic growth has become more prominent. In 2023, the added value of service industry accounted for 54.6% of GDP, an increase of 1.2 percentage points over the previous year; The contribution rate of final consumption expenditure to economic growth reached 82.5%, an increase of 43.1 percentage points over the previous year. The foundation for safe development was further consolidated, and the annual grain output increased by 1.3% over the previous year; The output of raw coal, crude oil and natural gas in industrial enterprises above designated size increased by 2.9%, 2% and 5.8% respectively. We have kept the bottom line of no systemic risks, ensured economic and financial security, and ensured more effective people’s livelihood. The per capita disposable income of the national residents actually increased by 6.1% over the previous year.

 

  Third, the performance is bright. To observe the economic performance of China, we should not only compare it vertically with ourselves, but also compare it horizontally with other countries. In 2023, China’s economic growth rate of 5.2% is not only higher than the estimated global growth rate of about 3%, but also among the best in the world’s major economies. The contribution rate of China’s economy to world economic growth in 2023 is expected to exceed 30%, which is the biggest engine of world economic growth. At the same time, China’s exports have also achieved a small increase, and its share in the global market has remained stable. Another point is that the overall price increase is moderate, which is in sharp contrast with the high global inflation and the difficult balance between anti-inflation and steady growth in some countries.

 

  Fourth, it is not easy. It’s hard to know what’s going on until it’s gone through. In 2023, the world economy is in a downturn, the international pattern is complicated and evolving, geopolitical conflicts are frequent, and the complexity, severity and uncertainty of the external environment are rising. There are many periodic and structural contradictions in China, and natural disasters occur frequently. In this complicated situation, it is even more commendable to achieve such development achievements. These achievements are the result of the strong leadership of the CPC Central Committee with the Supreme Leader as the core, the scientific guidance of Socialism with Chinese characteristics Thought in the new era of the Supreme Leader, and the unremitting efforts of the people of the whole country. The achievements deserve full recognition and need to be cherished.

 

  Looking forward to 2024, we should also see that the current external environment is still complicated and severe, with insufficient domestic effective demand, overcapacity in some industries, weak social expectations and many hidden risks. To promote China’s economic recovery, we must overcome some difficulties and challenges. We should effectively deal with these difficulties and solve these problems in accordance with the decision-making arrangements of the Central Economic Work Conference, and constantly promote China’s economic stability and prosperity. Thank you.

 

  Global Times reporter

 

  I would like to ask the publisher to introduce the contribution rate and pulling point of the three major demands to economic growth in the fourth quarter of 2023 and the whole year. Are there any new changes? In addition, I would like to know what the development trend of domestic and international double circulation pattern was in the past year. Thank you.

 

 

  Kang Yi

 

  Thank you for your question. You are concerned about two aspects, one is the three major demand situations, and the other is the two-cycle situation. First of all, answer your first question, the contribution and pull of the three major needs. In 2023, final consumption expenditure, total capital formation and net exports of goods and services will drive economic growth by 4.3, 1.5 and -0.6 percentage points respectively, and their contribution rates to economic growth will be 82.5%, 28.9% and -11.4% respectively. In the fourth quarter, final consumption expenditure, total capital formation and net exports of goods and services boosted economic growth by 4.2, 1.2 and -0.2 percentage points respectively, and their contribution rates to economic growth were 80%, 23.1% and -3.1% respectively.

 

  The second question is the progress of domestic and international double circulation. It should be said that new progress has been made in building a new development pattern in 2023, which has three characteristics:

 

  First, the main role of the domestic macro-cycle is increasing. Based on the strategic basis of expanding domestic demand and releasing the market potential of strong domestic demand, the driving role of domestic circulation in economic development is obviously enhanced. In 2023, China’s total retail sales of consumer goods reached 47.1 trillion yuan, the scale of fixed assets investment reached 50.3 trillion yuan, and the contribution rate of domestic demand to economic growth reached 111.4%, an increase of 25.3 percentage points over the previous year. We are making great efforts to build a unified national market, get through the blocking points of the domestic big cycle, and smooth all links of production, distribution, circulation and consumption. The flow of factors tends to be active, and the connection between production and sales is gradually improving. In the fourth quarter, the utilization rate of industrial capacity was 75.9%, up 0.2 percentage points year-on-year; The product sales rate of industrial enterprises above designated size has remained stable at the level of over 97%. The annual commercial freight volume increased by 8.2% year-on-year, and the commercial passenger traffic increased by 66.5%.

 

  Second, the quality and level of international circulation have been further improved. Faced with the adverse effects of shrinking external demand, China has made efforts to promote the stable scale and excellent structure of foreign trade, and its exports have achieved positive growth. The horizontal ratio is better than that of major export-oriented economies, and the share of the international market remains generally stable. In 2023, the export volume of goods increased by 0.6% over the previous year, and the proportion of general trade and private enterprises’ import and export increased. At the same time, China is also actively expanding international economic and trade cooperation and building the "Belt and Road" with high quality. It has become a major trading partner of more than 140 countries and regions, and the scope of international circulation is broader and deeper. In 2023, China’s total import and export volume to countries building the "Belt and Road" increased by 2.8% over the previous year.

 

  Third, domestic and international circulation promote each other. The advantages of our super-large-scale market have emerged, and the expansion of domestic demand has boosted imports. In 2023, the import of agricultural products increased by 5%, consumer goods increased by 1.2% and energy products increased by 27.2%. The advantages of a sound industrial system and stable production capacity have also been brought into play. The promotion of stability and quality by exports has brought about the development of related domestic industries and helped the overall improvement of the economy. In 2023, China’s exports of goods reached a record high. Among them, the export of mechanical and electrical products increased by 2.9% over the previous year. The export value of the "new three products" represented by electric manned vehicles, solar cells and lithium-ion batteries also exceeded the trillion-dollar mark for the first time, with an increase of 29.9%.

 

  While we see the positive progress of domestic and international double circulation, we also see that there are still some blocking points in the domestic big circulation, the world economy continues to be in a downturn, the global industrial chain supply chain is deeply adjusted, and the international circulation is also facing some difficulties and challenges. In the next step, we should make overall plans to expand domestic demand and deepen supply-side structural reform, make overall plans for high-quality development and high-level security, make overall plans to promote deep-level reform and high-level opening-up, open up key blocking points that restrict the economic cycle, and promote the mutual promotion of domestic and international double cycles. Thank you.

 

  American international market news agency reporter

 

  According to recent data, the CPI in China showed negative growth for the third consecutive month in December. What is the prospect of CPI? Will the government take measures to deal with the low prices?

 

 

  Kang Yi

 

  Thank you for your question. The price issue is highly concerned by all sectors of society. From the overall situation in 2023, China’s prices generally maintained a moderate upward trend, and the annual CPI rose by 0.2%. The reporter mentioned that CPI has been negative for three consecutive months, and we should look at both the overall data and the structural data. The year-on-year decline of CPI in recent months is mainly structural and phased.

 

  First, the decline in CPI is structural. The recent decline in prices is mainly due to the fall in food and energy prices. If the influence of food and energy prices is deducted, the core CPI remains stable, which shows that the price decline is not universal and comprehensive, but local and structural. The decline in food and energy prices is not entirely a change in the relationship between supply and demand in the market. From the perspective of 2022 and 2023, it is mainly affected by some non-economic and unconventional factors. From the perspective of energy prices, the price of fuel now has a large weight in the basket of China’s CPI. In December 2023, the energy price decreased by 0.5% year-on-year, while it increased by 5.2% year-on-year. As we all know, energy prices were mainly affected by the Russian-Ukrainian war. In 2022, energy prices rose sharply, and in 2023, they fell back, with one positive and one negative, and the year-on-year downward pull was relatively large. From the perspective of food prices, it decreased by 3.7% year-on-year in December 2023 and increased by 4.8% in the same period of last year, that is, in December 2022. In December 2022, mainly affected by the epidemic situation, the logistics was not smooth, and the prices of various foods were rising. After the normal operation was resumed, the supply was sufficient, and the food prices naturally fell on the basis of the high base of the previous year.

 

  Second, the decline of CPI is phased. In particular, China’s economic recovery is improving, residents’ income is growing steadily, domestic total demand is expected to expand, and the price recovery of goods and services is based and conditional. The recent Spring Festival holiday is approaching, and the demand for food consumption is also increasing. People are more active in eating out, visiting relatives and friends, traveling and other services, which will boost the seasonal rebound of CPI. From the ring comparison, the CPI rose by 0.1% in December 2023; In the first ten days of January, 2024, according to the monitoring situation, some food prices maintained a steady and slightly rising trend. In addition, in addition to supply and demand, prices are also affected by expectations. Judging from the recent situation, the expected confidence of both enterprises and residents has recovered marginally. In December, the expected index of manufacturing production and business activities reached 55.9%, and the expected index of non-manufacturing business activities reached 60.3%, both of which were in a high boom zone. In the fourth quarter, the prosperity index of enterprises above designated size was 109 points, an increase of 0.4 points over the previous quarter. In December, the consumer confidence index rose by 0.6 points from the previous month.

 

  Third, the low price operation also reflects the problem of insufficient effective demand to some extent. Insufficient effective demand is a phased phenomenon in which our country’s economy is gradually moving towards normal state after three years of epidemic impact. In the short term, insufficient demand will lead to a downward trend in prices. The central government attaches great importance to the problem of insufficient demand. When planning economic work in 2024, the Central Economic Work Conference clearly emphasized that efforts should be made to expand domestic demand and promote consumption to shift from post-epidemic recovery to sustained expansion, and clearly pointed out a series of specific work directions. With the promulgation and implementation of these policies at the Central Economic Work Conference, the problem of insufficient effective demand will be gradually alleviated, and consumer prices are expected to stabilize and rebound. We expect that prices will rise moderately in 2024. Thank you.

 

  CCTV reporter from Central Radio and Television General Station

 

  High-quality development is the primary task of building a socialist modern country in an all-round way. What is the progress of high-quality economic development in China at present? What measures will be taken in the future to continuously promote high-quality economic development? Thank you.

 

 

  Kang Yi

 

  Thank you for your question. High-quality development is the last word in the new era and the primary task of building a socialist modern country in an all-round way. In 2023, all regions and departments have made great efforts to stabilize economic operation, and they have not slackened their efforts in promoting high-quality development. China’s economy has achieved effective improvement in quality and reasonable growth in quantity, and the road to high-quality development has become more firm and powerful. To sum up, it can be summarized by five "further".

 

  First, important progress has been made in the construction of a modern industrial system, and the transformation of development kinetic energy has been further accelerated. Modern industrial system is an important foundation for high-quality development. All localities and departments insist on scientific and technological innovation to lead the construction of modern industrial system, and solidly promote the high-end, intelligent and green transformation of manufacturing industry. The new kinetic energy and advantages of China’s economic development have been growing, and new progress has been made in the construction of modern industrial system.

 

  Second, the reform and opening up have been deepened and the vitality of development has been further released. In 2023, China made every effort to promote the construction of a unified national market, optimize the development environment of the private economy, and continue to create a market-oriented, rule-of-law and international first-class business environment, effectively enhancing the dynamic vitality of economic development. By the end of September 2023, there were 181 million registered business entities in China, including 122 million individual industrial and commercial households. Accelerate high-level opening-up, actively carry out international economic and trade exchanges and cooperation, build the Belt and Road with high quality, and successfully host China International Import Expo(CIIE), Service Trade Fair and Canton Fair. China’s import and export volume to countries that jointly built the Belt and Road increased by 2.8%. China International Import Expo(CIIE)’s annual intentional turnover increased by 6.7% compared with the previous session.

 

  Third, the green and low-carbon transformation has continued to deepen and the development mode has further changed. China insists on promoting economic development in the process of green and low-carbon transformation, and the green production mode and lifestyle have been accelerated. Actively build a clean, low-carbon, safe and efficient energy system and continuously optimize the energy consumption structure. According to preliminary accounting, the proportion of non-fossil energy consumption in total energy consumption in 2023 will increase by 0.2 percentage points over the previous year. By the end of 2023, the installed capacity of renewable energy in China will account for more than half of the total installed capacity, historically exceeding that of thermal power. The output of green and low-carbon products is also growing rapidly. In 2023, new energy vehicles increased by 30.3% over the previous year, and the production and sales volume were the first in the world; The export volume of electric manned vehicles increased by 67.1%.

 

  Fourth, people’s livelihood security is strong and effective, and people’s lives are further improved. Improving people’s livelihood and well-being is the fundamental purpose of development. In 2023, the income of urban and rural residents grew steadily, the level of public services and social security continued to improve, and the short-board field of people’s livelihood was gradually strengthened, further polishing the background of people’s livelihood with high-quality development. The per capita disposable income of residents increased by 6.1%, among which, the transfer income from government social relief and subsidies, policy life subsidies and cash policy subsidies for benefiting farmers increased by 10.3%. The investment in people’s livelihood has been increasing. The investment in the production and supply of electricity, heat, gas and water has increased by 23%, and the investment in agriculture has increased by 9.3%, all of which are obviously faster than the total investment.

 

  Fifth, the ability to ensure food and energy security has been improved, and the foundation for safe development has been further consolidated. In 2023, China ensured security in its development and achieved good development on the basis of security.

 

  Of course, at the same time, we must also see that China is still in the key period of transforming the development mode, optimizing the economic structure and transforming the growth momentum. To further promote high-quality development, we still need to overcome many difficulties and challenges. It is necessary to thoroughly implement the spirit of the Central Economic Work Conference, take high-quality development as the last word in the new era, make overall plans for high-quality development and high-level security, continuously improve the economic quality and reasonably increase the quantity, and turn the grand blueprint of Chinese modernization into a beautiful reality step by step. Thank you.

 

  Reuters reporter

 

  I am also concerned about the structural problems. I would like to ask, how can we realize the transformation of old and new kinetic energy in China’s economic development? It is also seen in the report that new energy vehicles and solar cells are growing rapidly, but in the process of vigorously developing advanced manufacturing industries, how can we prevent possible overcapacity problems? In addition, in the case of relatively insufficient domestic demand, will the rapid expansion of these industries bring downward pressure on prices and possible international trade frictions? Thank you.

 

 

  Wang Guanhua

 

  Thank you for your question. I want to answer your question mainly from two aspects:

 

  First of all, the first point is about the conversion of old and new kinetic energy. High-quality development is the development of implementing the new development concept, and "innovation" ranks first among the five development concepts. Adhering to the drive of innovation and promoting the transformation of development kinetic energy has always been an important task for high-quality development. Just now, Director Kang Yi gave a detailed introduction to the achievements of China’s high-quality development last year, especially the innovation-driven development. Here I would like to add a few more data. In 2023, the added value of China’s equipment manufacturing industry above designated size increased by 6.8% over the previous year, which played a key role in promoting the stable recovery of industry; In 2023, the report released by the World Intellectual Property Organization showed that China ranked 12th in the global innovation index, and the number of the top 100 scientific and technological innovation clusters in the world jumped to the first place in the world for the first time. It can be said that new kinetic energy has become an important engine to lead high-quality development.

 

  Secondly, last year, China’s economy rebounded, especially the market demand and domestic demand recovered well. Everyone should have personal feelings about this, especially with the increasing demand-driven role, China’s supply and demand convergence and economic cycle are also improving. Give you a few data for reference. In the fourth quarter, the product sales rate of industrial enterprises above designated size in China remained above 97%, which rose to 98.4% in December; Judging from the capacity utilization rate that reflects the capacity utilization situation, in the four quarters of 2023, the industrial capacity utilization rate was 74.3%, 74.5%, 75.6% and 75.9% respectively, showing a trend of quarterly recovery. This reflects that with the improvement of market demand, China’s capacity utilization is gradually recovering. At the beginning of this year, we also noticed that ice and snow tourism and ice and snow sports can be said to be "out of the circle", which not only conforms to the general trend of upgrading the consumption structure of residents, but also shows the potential of domestic demand in China. We are full of expectations and confidence in the recovery of the consumer market this year.

 

  Generally speaking, China is still in a critical period of economic recovery and transformation and upgrading. In the next step, in accordance with the decision-making arrangements of the Central Economic Work Conference, we should persist in striving for progress through stability, promoting stability through progress, establishing first and then breaking, continuously consolidate and strengthen the economic recovery to a good trend, and promote the effective improvement of quality and reasonable growth of quantity of the economy. Thank you.

 

  Singapore Straits Times reporter

 

  What I want to ask is, last year we saw the impact of real estate on the whole macro-economy. Can it remain stable this year? Thank you.

 

 

  Kang Yi

 

  Thank you for your question. Real estate has always attracted much attention. At the press conference last year, some reporters also mentioned this issue. What is the trend and what is the next step? Everyone is very concerned. According to our monitoring, after more than 20 years of development, the real estate market is in the process of adjustment and transformation. Under such a big background, all regions and departments are adapting to the new situation that the relationship between supply and demand in the real estate market has undergone major changes and adjusting and optimizing real estate policies in a timely manner. Judging from the current situation, there have been some positive changes in the real estate market, mainly in two aspects:

 

  First, the decline in real estate investment, sales and other indicators narrowed. In 2023, the investment in real estate development decreased by 9.6% compared with the previous year, and the decline rate narrowed by 0.4 percentage points compared with the previous year. The funds in place of real estate development enterprises decreased by 13.6%, which was 12.3 percentage points narrower than the previous year. The decline in commercial housing sales has narrowed significantly. In 2023, the sales area of commercial housing in China decreased by 8.5% compared with the previous year, and the sales volume decreased by 6.5%, both of which were declining, but the declines were significantly narrowed by 15.8 and 20.2 percentage points respectively. Since August, the online signing and filing volume of newly-built commercial housing has rebounded as a whole, rising by 20.2 percentage points in December compared with August. From the monitoring of 70 large and medium-sized cities, the transaction volume of new and second-hand houses is rising moderately. Second, the completed area of real estate increased rapidly. The work of "guaranteeing the delivery of the building" is progressing steadily, and the effect continues to appear. In 2023, the completed housing area of real estate development enterprises increased by 17% over the previous year.

 

  What do you think of the future trend of the real estate market? The long-term healthy development of China’s real estate market has a good foundation for several reasons:

 

  First, there is still a lot of room to improve the quantity and quality of urbanization. Just now, it was reported that the urbanization rate in 2023 is 66.16%, which is still room for improvement compared with the level of more than 80% in developed economies. The urbanization of China is still in the process of sustainable development. In the past five years, the urbanization rate has increased by 0.93 percentage points annually. Every year, more than 10 million rural residents enter cities and towns, and the scale of new citizens is relatively large, which will also bring a large number of new housing needs. Although the per capita housing area in our country is not small, the functions and structures of many houses are not reasonable, and many people need improved housing urgently, which will also form an important driving force of the real estate market, including the 70 large and medium-sized cities currently monitored. The demand for improved housing is very obvious, which is manifested in the fact that the transaction volume of second-hand houses in 70 large and medium-sized cities has exceeded the transaction volume of new houses.

 

  Second, there is great potential for building a new model of real estate development. The new model of real estate development is being actively constructed, which is the fundamental solution to solve the real estate development problems and promote the healthy development of real estate. Among them, the construction of affordable housing, the construction of public infrastructure for both ordinary and emergency use, and the reconstruction of villages in cities are all advancing rapidly. With the vigorous and orderly progress of these projects, it will help solve the urgent problems of people in housing and housing, and at the same time, it will also drive real estate-related investment and consumption and promote the healthy development of the real estate market. Thank you.

 

  China Daily reporter

 

  Recently, many international organizations and commercial organizations have raised their expectations for China’s economic growth, believing that China is still the biggest engine of global economic growth. What do you think of this? What is the economic trend of China in 2024? Thank you.

 

 

  Kang Yi

 

  Thank you for your question. How to look at the economic trend of China in 2024 is also a matter of great concern to everyone. 2024 is the 75th anniversary of the founding of People’s Republic of China (PRC), and it is a crucial year for us to implement the 14th Five-Year Plan. To predict the economic trend of this year, we should first see that we will face some challenges and difficulties, but more are favorable conditions and advantages. Taken together, the opportunities we face are greater than the challenges, and the favorable conditions are stronger than the unfavorable factors. The basic trend of China’s long-term economic improvement has not changed, and the factors supporting the high-quality development of China’s economy are accumulating and increasing. Therefore, we predict that China’s economy will continue to pick up in 2024. Specifically, there are five advantages.

 

  First, the economic growth is "good". In the four quarters of 2023, the gross domestic product (GDP) is growing positively year-on-year and quarter-on-quarter, and the economic scale is also expanding quarter by quarter, which is also a good momentum of recovery. In addition to the statistical accounting of economic aggregates, the National Bureau of Statistics has also done a job of monitoring and comparing some physical quantity indicators. Judging from the physical quantity indicators, the absolute quantities of most physical quantity indicators, such as electricity consumption, output of major industrial products, investment, import and export, have greatly exceeded the level in 2019. Some physical indicators are lower than the pre-epidemic level in 2019, mainly related to the problems mentioned by reporters just now, and are the output indicators of products related to real estate. This also reflects that our economic operation is improving as a whole. International organizations have raised their forecasts for China’s economic growth by 0.4 percentage points, the International Monetary Fund by 0.1 percentage points and the OECD by 0.1 percentage points, which shows that the international community is optimistic about China’s economic development prospects in 2024.

 

  Second, economic development is "resilient". Our country has a solid industrial base, and is the only country with all industrial categories in the United Nations industrial classification. Its supporting capacity and integration advantages are outstanding. The added value of our manufacturing industry accounts for nearly one-third of the world’s total, and our goods exports account for one-seventh of the world’s total. At the same time, China’s transportation, communication and other infrastructure networks are improving day by day, short-board areas such as education and medical care are constantly strengthening, and the supply quality of talents, funds and other factors is improving significantly. Food and energy security, industrial chain supply chain and other key areas of support capacity building have also achieved practical results, which have enhanced the resilience and room for manoeuvre of our country’s economic development, and are also the basis for the economy to be stable and far-reaching

 

  Third, high-quality development is "full of vitality". New industries are growing rapidly, new formats are improving continuously, new models are being cultivated rapidly, the economic structure is being continuously optimized, and the potential of economic development is expected to be further stimulated. In 2023, the added value of service industry accounted for 54.6% of GDP, and contributed more than 60% to economic growth. The investment in technological transformation of manufacturing industry increased by 3.8%, and the investment in high-tech industries increased by 10.3%, which was faster than the growth rate of all fixed assets investment. More importantly, China continues to promote the formation of a new situation of innovation-driven development, and China’s economy is constantly developing and growing while accelerating the cultivation of new quality productivity.

 

  Fourth, the reform and opening up has "many dividends". China adheres to and improves the basic socialist economic system, adheres to the "two unswerving", speeds up the construction of a unified national market, promotes the construction of a high-standard market system, optimizes the business environment, and creates a fairer competitive environment for all kinds of enterprises, which will continuously stimulate the enthusiasm and creativity of business entities. Including foreign-invested enterprises, continue to be optimistic about China. From January to November 2023, the number of newly established foreign-funded enterprises increased by 36.2% year-on-year, and China’s open dividend continued to be released.

 

  Fifth, the macro policy is "wide in space". The policy effects of issuing additional government bonds, reducing taxes and fees, and lowering the RRR and interest rates introduced in 2023 will continue to be released this year. This year, some new measures will be taken to optimize the reserves, and these new incremental measures and stock policies will be superimposed to protect the stable operation of the economy. At present, China’s government debt level and inflation rate are low, the policy toolbox is constantly enriched, and there is a lot of room for manoeuvre in fiscal, monetary and other policies. There are conditions and space for strengthening the implementation of macro policies.

 

  Although there will be some difficulties and challenges in promoting the sustained economic recovery in 2024, the Central Economic Work Conference held some time ago made a careful analysis of the difficulties and challenges and put forward specific countermeasures. It is necessary to fully implement the arrangements of the Central Economic Work Conference and constantly turn development advantages into development potential. This year, China’s economy will certainly be able to face difficulties and forge ahead, and achieve effective improvement in quality and reasonable growth in quantity. Thank you.

 

  The Paper reporter

 

  In 2023, the total retail sales of social consumer goods showed a trend of gradual recovery, but at present, China still faces the problem of insufficient demand. Excuse me, how do you view the performance of the consumer market in 2023? What is the prediction for 2024? Can the recovery of consumption continue? Thank you.

 

 

  Kang Yi

 

  Thank you for your question. The first question is the performance of the consumer market in 2023, and the second question is the prediction of the consumer market in 2024.

 

  Let me introduce the performance of the consumer market in 2023. Generally speaking, the consumer market will recover in 2023. In the three years since the epidemic, the consumer market has been hit hard, and many contact and aggregate consumption have been restrained. With the smooth transition of epidemic prevention and control, the economy and society have fully resumed normal operation, and consumption has shown a good recovery trend with frequent hot spots. Consumption has become an important force driving economic recovery in 2023. There are several characteristics: First, the consumption scale has reached a new high. In 2023, the total retail sales of social consumer goods exceeded 47 trillion yuan, reaching a record high. Second, consumption has become the main driving force of economic growth again. In 2023, the final consumption expenditure will drive economic growth by 4.3 percentage points, up by 3.1 percentage points over the previous year; The contribution rate to economic growth was 82.5%, an increase of 43.1 percentage points, and the basic role of consumption was more significant. Third, service consumption recovered quickly. The rapid recovery of service consumption is also a highlight of consumption recovery in 2023. The retail sales of services increased by 20% over the previous year, which was 14.2 percentage points faster than the retail sales of goods. The per capita service consumption expenditure of residents increased by 14.4%, accounting for 45.2% of the per capita consumption expenditure of residents, up by 2 percentage points over the previous year. Fourth, the structural upgrading of household consumption continues. Especially the improvement of people’s living standards and the steady growth of income, our country is currently in a period of rapid upgrading of residents’ consumption structure.

 

  We judge that there are many favorable conditions to support the sustained recovery of consumption in the next stage, and consumption will still maintain a good growth. Supporting factors: First, the consumption potential is still huge. With a population of more than 1.4 billion, the advantages of super-large-scale market are still obvious, coupled with the integrated development of urban and rural areas, the advancement of urbanization and the continuous upgrading of consumption structure, which provide a broad space for consumption growth. In particular, the consumption potential of medical care and health is expected to be further released. Second, the consumption base has been continuously consolidated. Income is the premise and foundation of consumption. With the sustained economic recovery and the overall improvement of employment situation, residents’ income is expected to maintain steady growth, which will strongly support the improvement of residents’ consumption power. Third, consumption highlights are constantly emerging. Digital consumption, green consumption, healthy consumption, cultural tourism consumption, etc. are all developing rapidly, and some consumption hotspots such as smart home, entertainment tourism, sports events, and domestic products are also heating up, which constantly adds momentum to the upgrading and expansion of the consumer market. The fourth is to promote the continuous development of consumption policies. All localities and departments insist on giving priority to restoring and expanding consumption, and have successively issued a series of policies to promote consumption, focusing on stabilizing and expanding traditional consumption, cultivating and expanding new consumption, and continuously optimizing the consumption environment, which will continue to play a positive role in stabilizing the consumer market and promoting consumption recovery. Therefore, we are optimistic about the consumption trend in 2024. Thank you.

 

  21st century business herald reporter

 

  I want to pay attention to the fifth national economic census. The fifth national economic census was officially launched on January 1 this year. What is the current progress? What are the innovations of this census compared with the previous four? How to ensure the quality of census data? Thank you.

 

 

  Kang Yi

 

  Thank you for your question. The fifth national economic census is an important survey of national conditions and national strength in the new era and new journey, which carries the important task of finding out the economic background of our country and reflecting the progress of high-quality development. At present, the unit inventory work has been successfully completed, and it has entered the stage of census registration since January 1, 2024. Now the census registration work is being carried out in an orderly manner. Especially since the beginning of the new year, on January 3rd, Vice Premier Ding Xuexiang made a survey to guide the on-site registration of the census, visited the grassroots enumerators and staff, and put forward clear requirements for doing a good job in census registration. At present, the census work is progressing in an orderly manner. January-April this year is the official registration stage of the census, which is also the most important stage of the census work and the most important stage for obtaining high-quality census data.

 

  The innovation of the fifth national economic census this year is mainly to focus on the development of high-quality services, enrich the survey content and innovate the survey methods. The fifth national economic census will comprehensively investigate the development scale, layout and benefits of China’s secondary and tertiary industries. On this basis, we should expand the field of statistical investigation, enrich the content of statistical investigation, improve the statistical investigation system and promote the construction of a high-quality statistical monitoring system. There are three main aspects of innovation:

 

  First, the input-output survey was carried out as a whole for the first time. Originally, the input-output survey and the economic census were conducted separately, and the fifth national economic census integrated these two separate surveys, which helped to promote the better connection between economic aggregate data and structural data.

 

  The second is to further improve the "three new" economic statistics. Add the content of digital economy survey, better reflect the digitalization process of China’s economic development, systematically promote the platform economy survey, and lay the foundation for finding out the development of brand-new industries, new formats and new development models.

 

  Third, there is innovation in the means and methods of investigation. Continue to deepen the application of departmental administrative records, add self-reporting methods to collect census data, develop mobile applet to collect data for the first time, and establish an input-output statistical electronic ledger for the first time to improve the efficiency of census work.

 

  The quality of census data is the most fundamental criterion to measure the success or failure of census. In the census work, we attach great importance to the quality of census data and take a series of measures to ensure the quality of census data.

 

  The first is to standardize data collection. In this economic census, census takers collect data from households, census subjects fill in their own reports and departments submit data, so as to strictly control human interference in data collection and ensure the quality of census source data.

 

  The second is to carry out data audit and inspection in various ways. We carried out the census data with the report and review, comprehensively used big data means and various analysis methods to carry out audit and verification, and organized on-site verification and inspection in time. After the census registration, the general office will also organize a spot check on the quality afterwards to comprehensively test the quality of the census registration data.

 

  The third is to resolutely investigate and deal with census fraud. Conduct a census in accordance with the law, resolutely resist all kinds of interference with census data, strengthen statistical law enforcement inspection, incorporate the fifth national economic census into statistical inspectors, and "strike out" violations of laws and regulations in the census, and seriously pursue accountability according to the law and regulations.

 

  At present, there are about 2.1 million census "two members" (census investigators and census counselors) visiting the streets, going deep into enterprises and merchants to collect data, and the census data are being reported in an orderly manner.

 

  Here, I would also like to thank all the respondents for their support and the hard work of the census workers. I also hope that the media friends will continue to support the census, publicize the census and supervise the census. Let us work together to hand over a satisfactory answer sheet for the fifth national economic census with high quality. Thank you.

 

  Cover journalist

 

  Recently, some media reported that there was a difference of 294.6 billion kWh between electricity consumption and power generation in the first 11 months of 2023. Why is there such a data difference? Thank you.

 

 

  Kang Yi

 

  Thank you for your question. We are concerned that some media discuss the difference between electricity consumption and electricity generation. Electricity generation and electricity consumption are two important indicators reflecting power operation. Just now, this reporter friend mentioned the difference between the data of these two statistical indicators from January to November, mainly because the caliber of the two indicators is different. One of these two indicators is the electricity consumption of the whole society, and the other is the power generation of industrial enterprises above designated size. In addition to industrial enterprises above designated size, with the rapid development of solar power generation and wind power generation, some industrial enterprises below designated size, various houses and merchants also generate electricity, but this part of the power generation is not within the industrial power generation above designated size from January to November.

 

  For your better understanding, I would like to explain these two indicators. Their survey objects, statistical caliber and coverage are different. First, the statistical caliber is different. The electricity consumption of the whole society is counted from the users of electricity, and the industrial power generation above designated size is counted from the suppliers. The scope of these two statistics is different. Specifically, the electricity consumption of the whole society is the full-scale electricity consumption, that is, the total electricity consumption, including the electricity consumption of enterprises and residents, as well as the self-produced and self-used electricity and line loss of power plants. The statistical caliber of industrial power generation above designated size refers to the power generation of industrial enterprises above designated size. The current standard of industrial enterprises above designated size is industrial enterprises with annual main business income of 20 million yuan or more, so it does not include the power generation of small industrial power generation enterprises below designated size, and it is not a full caliber power generation.

 

  Second, it is affected by some distributed power generation. In recent years, distributed solar energy and wind power generation, which are widely dispersed and small in size, have developed rapidly, and they are mostly distributed in various types of residential buildings, merchants and some industrial enterprises below the scale. Because the power generation enterprises are small in scale, this part of the power generation does not meet the industrial statistical standards above the scale, and some of them are merchants and residential buildings, so it is not counted in the monthly industrial power generation above the scale, but will be counted in the whole society’s power generation. As we all know, our data are usually released in the middle of the next month. So many small-scale power generation scattered around the country will be counted annually, and the power generation of the whole society will also be released in the annual statistical bulletin. Generally speaking, the industrial power generation above designated size accounts for about 95% of the total social power generation, which has fluctuated a little recently. The power generation below designated size is increasing, while the power generation above designated size is decreasing, but the decrease is not big, which is probably the ratio. Look, everybodymonthlyThe expression "industries above designated size" cannot be ignored in power generation. Statistical indicators are relatively rigorous, and everyone should also pay attention to the meaning and scope of statistical indicators when using them, so as to facilitate the more accurate use of data. Thank you.

 

  Southern Metropolis Daily reporter

 

  What is the employment situation in 2023? Did you complete the target task? The number of college graduates in 2024 is expected to reach a new high. What will be the employment trend? Thank you.

 

 

  Kang Yi

 

  Thank you for your question. Employment is also a matter of great concern to everyone, because it is the biggest livelihood. The CPC Central Committee and the State Council have always attached great importance to the employment issue, emphasizing the promotion of stable employment to a strategic level. All localities and departments insist on giving priority to employment and optimizing and adjusting policies and measures to stabilize employment. In the past year, we made every effort to stabilize the overall employment situation and the overall employment situation improved. There are several characteristics.

 

  First, investigate the decline of unemployment rate and the continuous increase of new jobs. On a quarterly basis, the national urban survey unemployment rate is 5.4%, 5.2%, 5.2% and 5.0% respectively, and the trend of gradual improvement in employment is obvious. From January to November, the number of new jobs in cities and towns was 11.8 million, an increase of 350,000 over the same period of last year.

 

  Second, key groups and difficult groups have strong employment security. A series of job stability support and job expansion incentives came into effect, and the classified assistance for groups with employment difficulties was effective, and the employment of migrant workers, young people, people with employment difficulties and other groups was effectively guaranteed. In 2023, the total number of migrant workers reached 297.53 million, an increase of 1.91 million over the previous year. The average unemployment rate of migrant agricultural registered population in cities and towns was 4.9%, a decrease of 0.7 percentage points over the previous year. From January to November, the number of unemployed people in cities and towns was 4.75 million, and the number of people with employment difficulties was 1.56 million.

 

  Third, the employment scale of people out of poverty has increased steadily. All localities and departments give full play to the mechanisms of labor cooperation, counterpart support and fixed-point assistance between the east and the west, and carry out in-depth special assistance for poverty alleviation and relocation in key counties and ex situ, so that the employment of poverty-stricken people will grow steadily. By the end of November 2023, the number of migrant workers will be 32.94 million, exceeding the target of 30 million.

 

  In this year’s employment situation, the overall judgment is that the pressure still exists, and the structural contradictions in employment of some groups and some industries will still be more prominent. However, with the recovery of economy, the acceleration of industrial transformation and upgrading, and the accumulation of positive factors to stabilize employment, China’s employment situation is expected to remain stable. There are several reasons:

 

  First, the expansion of economic scale has brought about an increase in employment. Economic growth is the basis for stabilizing and expanding employment. In recent years, the continuous expansion of China’s economic growth is the key to stimulating employment growth. In 2024, the increment of China’s economic creation is expected to be greater than last year, which will provide strong support for expanding employment. Second, the number of people leaving the labor market in 2024 will be larger than the number of people newly entering the labor market, which also provides more employment space for people looking for jobs. The third is to upgrade the industrial structure and expand the employment capacity. Compared with other industries, the service industry with higher labor intensity has obvious advantages in absorbing employment. Since last year, the service industry has recovered well, and its proportion in GDP is also increasing. The proportion of service industry in GDP has exceeded the level before the epidemic, and the employment-driven role of catering, transportation, wholesale and retail industries is more obvious. Looking forward to this year, service consumption will be more active, and the growth of service industry will continue to be one of the main forces driving employment absorption. At the same time, new industries, new formats and new business models are developing vigorously, generating many brand-new job demands, which is also conducive to expanding employment space and improving employment quality. Fourth, the effect of stabilizing employment policy continues to exert significant effects. The Central Economic Work Conference has also made arrangements for this, especially pointing out that more policies are needed to stabilize expectations, growth and employment. All localities and departments will give more prominence to employment priority orientation, increase employment assistance for key groups, and the release of policy dividends is expected to continue to provide a strong guarantee for employment stability. Thank you.

 

Announcement of the Ministry of Commerce on Imposing Tariffs on Some Goods Originated in the United States

Xinhua News Agency, Beijing, August 3 rd, the Ministry of Commerce announced on August 3 rd the imposition of tariffs on some goods originating in the United States. The full text is as follows:

On July 10th, 2018, US time, despite China’s solemn representations and strong opposition, the US government announced that it would impose a 10% tariff on imported goods originating in China, involving about 200 billion US dollars of China’s exports to the United States. On August 1st, US Trade Representative Wright Heze issued a statement, proposing to raise the tax rate on $200 billion of China products from 10% to 25%. The measures taken by the United States wantonly violate the relevant rules and international obligations of the World Trade Organization, further infringe on China’s legitimate rights and interests under the rules of the World Trade Organization, and seriously threaten China’s economic interests and security.

In order to defend China’s own legitimate rights and interests, the China administration imposed tariffs ranging from 25% to 5% on 5,207 items of goods of about 60 billion US dollars originating in the United States in accordance with the People’s Republic of China (PRC) Foreign Trade Law and other laws and regulations and the basic principles of international law.

The final measures and effective time will be announced separately.

Attachment:

1. List of goods subject to 25% tariff on the United States and Canada

2. List of goods subject to 20% tariff on the United States and Canada

3. List of goods subject to 10% tariff on the United States and Canada

4. List of goods subject to 5% tariff on the United States and Canada

Full nomination list for the 81st Academy Awards

Topic: The 81st Academy Awards

 


Whitaker and Sid Ganis, Dean of the College of Arts and Sciences, read out the nomination list for Oscar winner.



Whitaker and Ganis, Dean of the College of Arts and Sciences, read out the nomination list for best picture in the Oscar.


  At 5: 30am local time on Thursday 22nd, and at 21: 30pm Beijing time on 22nd, Forest Whitaker and Sid Ganis, president of Academy of Motion Picture Arts and Sciences, jointly read out the nomination list for the 81st Oscar at Samuel Goldwyn Theater in Beverly Hills.


  The Curious Case of Benjamin Button, starring Brad Pitt, won the Oscar despite nothing at the Golden Globe Awards, and won 13 nominations including best film, best director and best actor. The Golden Globe best film Slumdog Millionaire was slightly defeated, with only 10 nominations, and the two will continue to compete for the Oscar for best picture. Brad Pitt will compete with phillip rourke, the Golden Globe winner. What makes people feel interesting is that following Brad Pitt’s footsteps, Angelina Jolie was nominated for Best Actress for "Changing the Son".



Phillip rourke won the Golden Globe for The Wrestler. (data map)


  It was rumored that Kawara Tsutomu the Robot was expected to be the best animated film nominated again after Beauty and the Beast. Finally, Kawara Tsutomu the Robot decided to compete with Kung Fu Panda and Lightning Dog for the best animated film Oscar.


  The list of nominations for the 81st Academy Awards is as follows:


  Best Picture (best picture)


  The The Curious Case of Benjamin Button (The), Paramount.


  Frost/Nixon, The World.


  Milk, the focus.


  The Reader, Varnstam.


  Slumdog Millionaire, Fox searchlight.


  Best director (Directing)


  Danny Bauer, Slumdog Millionaire.


  Steven Dowley, The Reader.


  David fincher, The The Curious Case of Benjamin Button.


  Ron Howard, Foster’s Dialogue with Nixon (Frost/Nixon)


  Garth Van Sant, Milk.


  Best actor (Actor in a Leading Role)


  Richard jenkins, The Visitor.


  Frank Langella, Frost/Nixon.


  Sean penn, Milk.


  Brad Pitt, The The Curious Case of Benjamin Button.


  Phillip rourke, The The Wrestler.


  Best actress (Actress in a Leading Role)


  Anne Hathaway, Rachel Getting Married.


  Angelina Jolie, Changeling the Baby.


  Melissa leo, Frozen River.


  Meryl Streep, Doubt of Child Abuse (DOBT)


  Kate Winslet, The Reader.


  Best supporting actor (Actor in a Supporting Role)


  Josh brolin, Milk.


  Robert Downey Jr., Tropic Thunder.


  Philip seymour hoffman, Doubt of Child Abuse (DOBT)


  Heath Ledger, The Dark Knight.


  Michael shannon, Revolutionary Road.


  Best supporting actress (Actress in a Supporting Role)


  Amy adams, Doubt of Child Abuse (DOBT)


  Penélope Cruz Sánchez , Vicky Cristina Barcelona.


  Viola Davis, Doubt of Child Abuse (Doubt)


  Taraji Henson, The The Curious Case of Benjamin Button.


  Melissa Tome, The The Wrestler.


  Best Animated Feature Film (animated feature film)


  Bolt, Disney Company


  Kung Fu Panda, Paramount DreamWorks


  Kawara Tsutomu the Robot (Wall-E), Disney.


  Best Foreign Language Film (foreign language film)


  The Baader Meinhof Complex (Germany)


  Entre les murs/The Class (France)


  "Embarrassment", sent to people/Okuribito, Japan


  Revenge (Revanche, Austria)


  Waltz With Bashir (Israel)


  Best score (Music Score)


  The The Curious Case of Benjamin Button (The), Paramount.


  "Resistance", Paramount looked at it.


  Milk, the focus.


  Slumdog Millionaire, Fox searchlight.


  Kawara Tsutomu the Robot (Wall-E), Disney.


  The best song (Music Song)


  Jaiho, A. R. Rahman; Slumdog Millionaire, Fox searchlight.


  Back to Earth, Peter Gabriel/Thomas Newman; Kawara Tsutomu the Robot (Wall-E), Disney.


  O Saya, A. R. Rahman; Slumdog Millionaire, Fox searchlight.


  Best original screenplay (Writing Original Screenplay)


  Dustin lance black, Milk.


  Andrew stanton, Kawara Tsutomu the Robot (Wall-E)


  Courtney hunt, Frozen River.


  Mike leigh, Happy-Go-Lucky.


  Martin mcdonagh, "Killers Don’t Have Holidays" (In Bruges)


  Best adapted screenplay (Writing Adapted Screenplay)


  Eric roth, The The Curious Case of Benjamin Button.


  John patrick shanley, Doubt of Child Abuse (DOBT)


  Peter morgan, Foster’s Dialogue with Nixon (Frost/Nixon)


  David Hare, The Reader.


  Simon beaufoy, Slumdog Millionaire.


  Best Sound Editing (sound editing)


  The Dark Knight, Warner Bros.


  Iron Man, Paramount


  Slumdog Millionaire, Fox searchlight.


  Kawara Tsutomu the Robot (Wall-E), Disney.


  Wanted, Universal


  Best Sound Mixing


  Wanted, Universal


  Kawara Tsutomu the Robot (Wall-E), Disney.


  Slumdog Millionaire, Fox searchlight.


  The The Curious Case of Benjamin Button (The).


  The Dark Knight, Warner Bros.


  Best Visual Effects (visual effects)


  The The Curious Case of Benjamin Button (The), Paramount.


  The Dark Knight, Warner Bros.


  Iron Man, Paramount


  Best Art Direction (art direction)


  Changeling the Baby, Universal.


  The The Curious Case of Benjamin Button (The), Paramount.


  The Dark Knight, Warner Bros.


  The Duchess, focus


  Revolutionary Road, Mayquez, Milla.


  Best Makeup (make up)


  The The Curious Case of Benjamin Button (The), Paramount.


  The Dark Knight, Warner Bros.


  Hellboy II: The Golden Army, Universal.


  Best photography (Cinematography y)


  Deborah Harper, Changeling the Baby.


  Claudio Miranda, The The Curious Case of Benjamin Button.


  Wiley Pfister, The Dark Knight.


  Roger deakins, Chris Mungis, The Reader.


  Anthony dod mantle, Slumdog Millionaire.


  Best Costume Design (Costume design)


  Australia, 20th Century Fox.


  The The Curious Case of Benjamin Button (The), Paramount.


  The Duchess, focus


  Milk, the focus.


  Revolutionary Road, Mayquez, Milla.


  The best editing (Film Editing)


  The The Curious Case of Benjamin Button (The), Paramount.


  The Dark Knight, Warner Bros.


  Frost/Nixon, The World.


  Milk, the focus.


  Slumdog Millionaire, Fox searchlight.


  Best live Short Film (Live Action)


  Auf der Strecke/On the Line


  Manon on the Asphalt.


  New Boy


  The Pig


  Toyland (Spielzeugland/Toyland)


  Best animated Short Film (Animated)


  《La Maison en Petits Cubes》


  《Lavatory – Lovestory》


  《Oktapodi》


  《Presto》


  《This Way Up》


  Best Documentary Feature (documentary feature)


  The Betrayal-Nerakhoon, North American distribution company to be determined.


  Adventures at the end of the world, thoughts


  The Garden, North American distribution company to be determined.


  Man on Wire, Mulan Pictures


  Trouble the Water, the spirit of the times


  Best documentary short film (Documentary Short)


  The conscience of Nhem En the conscience of nhemen


  The last inch The Final Inch


  The Witness from the Balcony of Room 306


  Smiling pinki


 

Editor: Feng Ye

China’s economic development is full of stamina and keeps moving forward.

       CCTV News:Today (October 27th), News NetworkBroadcast a reportA number of data in China’s economic field have been published. Key words such as "growth" and "high level" have highlighted the overall development trend of China’s economy, and at the same time, other fields have also frequently achieved good results. The "big ship" of China’s economy will surely ride the wind and waves and continue to move forward.

In the third quarter, the profits of industrial enterprises nationwide increased by 7.7% year-on-year.

According to the data released by the National Bureau of Statistics today (October 27th), since the beginning of this year, with the continuous improvement of market demand and the steady growth of industrial production, the revenue and profits of industrial enterprises have continued to improve. Among them, the profits of industrial enterprises above designated size increased by 7.7% year-on-year in the third quarter, and the profits of industrial enterprises showed an accelerated recovery trend. On a monthly basis, in September, the profits of industrial enterprises above designated size increased by 11.9% year-on-year, achieving double-digit growth for two consecutive months.

The revenue of industrial enterprises has obviously improved. In the first three quarters, the operating income of industrial enterprises above designated size nationwide reached 96.35 trillion yuan, which was the same as that of the same period last year, and the growth rate was faster than that of the first half and the first quarter.

       In the third quarter, the profit of manufacturing industry increased by 11.8% year-on-year, of which the profit of raw material manufacturing industry increased by 60.8% year-on-year and the profit of consumer goods manufacturing industry increased by 11.8% year-on-year.

In the first three quarters, the investment scale of transportation fixed assets remained high.

According to the latest data released by the Ministry of Transport, in the first three quarters, China’s transportation fixed assets investment reached 2,877.5 billion yuan, a year-on-year increase of 5.6%, and the scale of transportation fixed assets investment remained high. Port cargo throughput also maintained rapid growth in the first three quarters. 1— In September, the total cargo throughput of ports nationwide was 12.54 billion tons, up 8.5% year-on-year, of which the foreign trade cargo throughput was 3.77 billion tons, up 10.1% year-on-year. Container throughput reached 230 million TEUs, up 5.2% year-on-year.

Data sorting out the achievements of the 134th Canton Fair.

The second phase of the 134th Canton Fair ended today (October 27th). Up to now, this year’s Canton Fair has carried out 53 "Bridge of Trade" global trade docking activities, attracting more than 220 buyers and more than 620 suppliers for "one-on-one" docking negotiations, with an intended purchase amount of about 100 million US dollars. Since the opening ceremony, more than 157,000 overseas buyers from 215 countries and regions have attended the meeting, an increase of 53.6% over the same period last year. Among them, there are more than 100,000 buyers in the "Belt and Road" countries, accounting for about 64%.

The third phase of the Canton Fair will be held from October 31st to November 4th, with more than 11,000 enterprises participating offline. The exhibition is divided into five sections: toys and pregnant babies, fashion, household textiles, stationery and health and leisure.

In October in Yangcheng, all merchants gather. In Guangzhou these days, not only is the booth crowded, but many hotels in the city are also hard to find a room. Against the background of sluggish demand in the world economy, such a scene is very emotional. The bustling passenger flow is people’s confidence in China’s economy.

The 24th Central China Agricultural Expo opened.

       The 24th Central China Agricultural Expo opened today in Changsha, Hunan. This year’s Expo set up special exhibition halls such as the Central Inter-provincial Pavilion and the Agricultural Service Pavilion, which attracted nearly 5,000 enterprises to focus on the exhibition and sale of high-quality agricultural products. During the exhibition, China Central Agricultural Brand Promotion Conference and other activities will be held.

The latest scientific and technological achievements of start-up technology enterprises are concentrated in appearance.

Recently, the 17th Innovation China was held in Beijing Shougang Park. Nearly 100 outstanding start-up technology enterprises from all over the country brought their latest scientific and technological achievements to the show. Focusing on the theme of artificial intelligence, this activity covers intelligent manufacturing, life sciences, new energy and green economy, intelligent interconnection and new businesses. Since the launch of the activity in 2006, more than 1000 investors have been gathered to connect with entrepreneurs on the spot to help the entrepreneurial team grow rapidly.

In the third quarter, civil aviation completed 180 million passenger trips.

In the third quarter, China’s civil aviation maintained a safe and orderly recovery trend, and transportation production continued to improve. The total transportation turnover of the whole industry was 33.68 billion tons kilometers, an increase of 89.3% year-on-year; There is a strong demand in the passenger transport market. The whole industry has completed a total of 180 million passenger trips, up 108.3% year-on-year, and the passenger transport scale of the industry has reached a quarterly record high.

This year, China’s digital supply chain market will exceed 32 trillion.

The relevant person in charge of China Federation of Logistics and Purchasing introduced at the 6th Digital Supply Chain Platform Development Conference today (October 27th) that China’s economy is recovering continuously and its growth momentum has been enhanced. Under the background of accelerating the reconstruction of the global industrial chain supply chain, the development of China’s digital supply chain platform has entered the fast lane.

According to the relevant person in charge of China Federation of Logistics and Purchasing, it is estimated that as the largest manufacturing and consumer market in the world, the market size of China’s digital supply chain will increase from 8.25 trillion yuan in 2018 to 27.2 trillion yuan in 2022, with a compound annual growth rate of 26.94%. In 2023, the market size of digital supply chain will exceed 32 trillion yuan. The security and stability of the supply chain provides strong support for smooth double circulation, promoting high-quality economic development and enhancing international competitiveness.

China has boosted the global mining market to stabilize and recover.

The Global Mining Development Report 2023 shows that China’s economy has recovered rapidly, and the demand for mineral resources has remained high, effectively stimulating the global consumption demand for energy resources.

       According to the latest data, in 2022, with the global demand for mineral resources shrinking, China’s energy and mineral resources remained stable and its consumption continued to grow, which played an important role in stabilizing the global mining market. For example, in 2022, China’s coal consumption reached 3.041 billion tons, a year-on-year increase of 4.3%. The domestic coal production capacity was released steadily, and the coal mine operating rate remained high, with the annual output reaching 4.496 billion tons, up 9% year-on-year.

In the first three quarters, residents spent a total of 3.69 trillion yuan on domestic trips.

       The Ministry of Culture and Tourism released the data of domestic tourism in the first three quarters of 2023 today (October 27). According to the statistical results of domestic tourism sampling survey, the total number of domestic tourists in the first three quarters of this year was 3.674 billion, an increase of 1.58 billion over the same period of last year and a year-on-year increase of 75.5%. In the first three quarters, residents spent 3.69 trillion yuan on domestic trips, an increase of 1.97 trillion yuan or 114.4% over the previous year.

Ministry of Commerce: I am confident to achieve the goal of promoting stability and improving quality of foreign trade throughout the year.

On October 26th, the Ministry of Commerce held a regular press conference. The spokesman said that China’s foreign trade is running smoothly on the whole, and it is confident to achieve the goal of promoting stability and improving quality of foreign trade throughout the year.

The Ministry of Commerce said that since the beginning of this year, due to high inflation, high inventory and geopolitical risks, global trade has continued to be weak. According to the data of the World Trade Organization (WTO), global exports fell by 4.6% in the first half of the year. Based on concerns about growth difficulties and challenges, the WTO recently lowered the growth rate of global merchandise trade in 2023 from the previous forecast of 1.7% to 0.8%.

In the face of multiple risk challenges, China has solidly promoted the policy of stabilizing foreign trade, and China’s foreign trade has generally operated smoothly, especially in recent months.

Shu Yuting, spokesperson of the Ministry of Commerce:In terms of scale, China’s import and export scale rose quarter by quarter, and increased month by month in the third quarter. In September, the import and export volume reached a single-month high in the year. In terms of share, WTO data show that China’s export international market share reached 14.2% in the first half of the year, 0.4 percentage points higher than the same period last year.

From the main point of view, the number of foreign trade enterprises with import and export performance in the first three quarters was 597 thousand, which was close to the level of last year. From the perspective of kinetic energy, superior products such as automobiles, ships, lithium batteries and luggage maintained a relatively high growth rate, and new cross-border e-commerce formats continued to contribute to the increase.

Shu Yuting, spokesperson of the Ministry of Commerce:These positive changes are inseparable from the persistence and innovation of the majority of foreign trade subjects, the effective implementation of stable foreign trade policies, and the resilience and vitality of China’s foreign trade. With the continuous accumulation of positive factors, we are confident that we will continue to consolidate the good operation situation in the fourth quarter and we are confident that we will achieve the goal of promoting stability and improving quality of foreign trade throughout the year.

In addition, recently, the National Data Bureau was established. The newly established National Data Bureau is responsible for coordinating and promoting the construction of data infrastructure, coordinating the integration, sharing, development and utilization of data resources, and coordinating the planning and construction of digital China, digital economy and digital society. 

I don’t understand! Is the "most stringent vehicle inspection" detonated by OBD a rumor?

The "OBD test" has been implemented for five years in the annual inspection of vehicles, and it has recently become a hot topic.

Why can the old topic set off a new round of discussion? This may be related to CCTV’s recent report on "OBD cheaters" and the new annual inspection regulations for new energy vehicles implemented in March 2025. Car owners’ aversion to "violent annual inspection", concerns about "stricter annual inspection" and various complex emotions are intertwined, and "OBD detection" seems to be an outlet. Moreover, the number of cars in China has reached 350 million at present, and the annual inspection of cars is related to hundreds of millions of people, so it is reasonable that any trouble can cause extensive discussion.

Rumors also appeared. For example, "2024 car inspection is the most stringent car inspection in history", "If the radio is not normal, it will not pass the annual inspection", "If the OBD test fails, it must be repaired at the designated M station", and so on, even to the extent of talking about the color change of "OBD".

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?On the evening of December 8, CCTV’s "Common Concern" column personally came out to "put out the fire".What is OBD testing? Are car owners overly anxious about OBD testing? Three OBD tests, but the vehicle will be scrapped?In response to a series of questions, this issue of "Inquiring into the Root" answers.

Question 1: What are OBD and OBD detection respectively?

Brother Yi:OBD is the abbreviation of English On-Board Diagnostics, and Chinese translation is "on-board automatic diagnosis system". OBD can be understood as an effective monitoring system for exhaust emission control devices, which will remind vehicle owners to repair as soon as possible when there is an emission failure. Maintenance personnel can also read the fault code with the help of OBD system, and quickly and accurately determine the nature and location of the fault.

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OBD is a mature technology, and private cars were equipped with this system more than ten years ago. Since July 2009, all newly produced and sold gasoline vehicles under 2.5 tons in China have been equipped with OBD system. Since 2011, other vehicles have been fully equipped with OBD system.

As for OBD detection, it is a detection item in the annual inspection of vehicles. There are three key inspection items in vehicle annual inspection: appearance inspection, OBD inspection and emission inspection. Among them, OBD inspection is to detect whether there are related faults affecting emission control through OBD diagnostic instrument. Only after all three items are qualified can they pass the annual inspection.

Question 2: Did 2:OBD testing begin in 2024? Abnormal parts such as radio will cause OBD test to fail?

Brother Yi:OBD testing is not a new annual inspection item in 2024. As early as 2019, OBD testing has been implemented.

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It is a rumor that "the radio is not normal and can’t pass the annual inspection". Radio, air conditioner, fan, etc. are not within the OBD detection range.

Liu Jia, director of the Supervision Office of the Motor Vehicle Emission Monitoring Center of china environmental science Research Institute, said in an interview that,OBD only monitors emission-related parts, radios, air conditioners, etc. will not cause OBD alarm, and car owners do not have to worry that the OBD test will fail.

Question 3: If the OBD test fails three times, the vehicle will be scrapped?

Brother Yi:If the OBD test is unqualified, the vehicle can be repaired and treated first, and then come back for re-inspection. After the re-inspection passes the OBD test, the annual inspection can also be successfully completed.There is no saying that OBD is forced to be eliminated after three times of unqualified detection.

At present, according to the regulations on compulsory scrapping of motor vehicles, after the expiration of the validity period of inspection, if the motor vehicle inspection mark has not been obtained within three consecutive motor vehicle inspection cycles, it should be compulsory scrapping. What we are talking about here is three consecutive inspection cycles, not three consecutive vehicle inspections as mentioned in the concept of online stealing.

For different types of vehicles and different service life, the inspection period is also different. For example, newly purchased passenger cars are exempt from inspection within six years, and then tested once in the eighth and tenth years. At this time, three inspection cycles refer to "ten years". After ten years of age, the inspection cycle is once a year, and three inspection cycles refer to "three years".

Moreover, before the mandatory scrapping of vehicles, there is no document limiting the number of vehicle maintenance and re-inspection. Vehicles that fail to pass the annual inspection can be repaired and then "cleared".

Car owners don’t have to worry too much about the pass rate of OBD detection. According to the data from the Motor Vehicle Emission Monitoring Center of china environmental science Research Institute, the on-line pass rate of OBD of fuel vehicles is still above 90%, which means that most fuel vehicles can pass the inspection.The main reason is that some vehicles with too long service life and faulty pollution control devices may fail to pass the OBD test.

Question 4: What is the M station responsible for maintenance?

Brother Yi:China’s automobile management system draws lessons from the "I/M" system of developed countries in the world. I refers to the abbreviation of "testing" in English; M stands for "maintenance" in English. Vehicles whose emissions are not up to standard should be repaired by force, but the owners are not forced to go to the designated "M station" or other repair units for maintenance.

In addition, the 4S shop can also complete the repair work, as long as the fault code is eliminated, it can also be re-examined.

Question 5: Why did "OBD detection" cause a wide discussion at this time node?

Brother Yi:This may be a difficult puzzle about the source of a series of rumors about "OBD detection". However, the development of the whole incident seems to have traces to follow.

Recently, OBD detection was mentioned earlier, on November 24th and 25th. CCTV’s "24 Hours" and "Chao Wen Tian Xia" columns reported the cheating shady in OBD detection. Some annual inspection agencies use OBD cheaters and other tools to make motor vehicles with substandard emissions "pass with one button". Relevant institutions have dealt with some cheating institutions according to law.

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This may lead to further resistance to OBD detection. Some car owners who cheat in the annual inspection will probably worry that their vehicles will not pass the customs under the stricter annual inspection. Even car owners who can successfully pass the annual inspection according to the regulations may have similar concerns.

In addition, it should be noted that many consumers are quite critical of the time-consuming, laborious and expensive annual inspection. Events such as "scalping" and "OBD cheater" also overdraw some trust, and car owners are unaware of the "opacity" of the annual inspection. Coupled with the help of some media, the negative emotions of car owners may be further amplified.

After noticing all kinds of rumors, CCTV responded quickly, dispelling rumors through reporters’ on-the-spot visits and expert explanations. This is conducive to blocking the further spread of rumors.

Question 6: What are the new annual inspection regulations implemented in March 2025? Is it related to OBD detection?

Brother Yi:In addition to the mention of "OBD cheating" in CCTV reports, this "OBD detection" has caused heated discussion, which may also be related to the "new annual inspection regulations" and "cancellation of violent vehicle inspection" transmitted by the Internet.

The "new annual inspection regulations" transmitted online should refer to the "new energy vehicle operation safety performance inspection regulations" which will be implemented on March 1 next year. In fact, the new regulation is a safety inspection standard for new energy vehicles, which is applicable to pure electric vehicles and plug-in hybrid (including extended range) vehicles, and the inspection of three electric (battery, motor and electronic control) systems is added. This means that the annual inspection of automobiles will bid farewell to the "mixed inspection of oil and electricity".

The new regulation does not involve traditional fuel vehicles, nor does it mention that "OBD detection" will change.In the field of fuel vehicles, there is no new annual inspection regulation coming soon. As for the "cancellation of the annual inspection of violence", it should be an old news.

Huawei’s three-fold mobile phone has a scalper price of 80,000, and the electronic Maotai has once again set off a wave of buying.

Huawei’s three-fold mobile phone has a scalper price of 80 thousand

On September 9th, Huawei launched its new three-fold mobile phone-Huawei Mate X2 collector’s edition, and opened the reservation. The market demand for this mobile phone is extremely enthusiastic, and the snap-up situation is even hotter than before. The situation in the market has become complicated, and unofficial sales channels are mixed with all kinds of information, while buying through official channels requires a long wait.

In this rush to buy, the consumer groups are clearly divided: some people are attracted by the unique design and performance of this innovative product, while others regard it as "electronic Maotai" with the intention of earning the difference by changing hands. Although Huawei has not officially announced the specific price of this mobile phone, the pre-sale price of scalpers has appeared in the market, ranging from 19,900 yuan to 80,000 yuan, and the price fluctuates greatly.

On the Internet, information about "purchasing" and "snapping up service" of Huawei Mate X2 three-fold mobile phone is overwhelming. Beijing business today reporter found that on a platform, a purchasing seller with a price of 28,800 yuan claimed that he had enough cash, and insisted that it was a price, refusing any bargaining. The seller revealed that the actual price of the mobile phone may be different in the end, but the fee he charged already included the labor cost of purchasing, and confidently said that once the mobile phone was officially released, the price of the mobile phone purchased through his price increase would still be cheaper than that on the market.

It can be seen that Huawei’s three-fold mobile phone not only attracts technology enthusiasts, but also becomes a symbol of market speculation.

Tangshan area Corolla price news, the reserve price 80,800

Welcome to the Autohome Tangshan Promotion Channel, we bring you the latest car market trends. At present, the high-profile models are going through a grand promotion, aiming to provide consumers in Tangshan with real car purchase benefits. The maximum discount has reached an astonishing 36,000 yuan, which has reduced the minimum starting price of the originally close-to-the-people Corolla to 80,800 yuan. This is a great car purchase opportunity not to be missed. If you are interested in the Corolla, you may wish to click "Chatti Car Price" in the quotation form to lock in more favorable car purchase conditions.

唐山地区卡罗拉降价消息,底价8.08万!现车充足

The Corolla has a sleek and dynamic exterior, with sophisticated details on the front, a family-style grille and chrome accents that enhance overall luxury. The body lines are simple and powerful, showing Toyota’s usual combination of poise and fashion. Whether it is the side profile or the tail design, it reveals the elegant and practical characteristics, which are memorable at a glance.

唐山地区卡罗拉降价消息,底价8.08万!现车充足

With its elegant body design and refined proportions, the Corolla presents a unique profile. The body size is 4635mm*1780mm*1455mm and the wheelbase reaches 2700mm, which optimizes the sense of space in the car. The front wheelbase is 1527mm and the rear wheelbase is 1526mm, ensuring stable driving performance. The tire size is 195/65 R15, and it is matched with a simple and dynamic wheel design, which not only enhances the visual effect of the vehicle, but also takes into account the comfort and handling of daily driving.

唐山地区卡罗拉降价消息,底价8.08万!现车充足

The Corolla’s interior design focuses on practicality and simplicity, using classic black and light tones to create a warm and comfortable driving atmosphere. The steering wheel is made of lightweight plastic material, although not wrapped in leather, it feels comfortable to hold, and supports manual up, down, and front and rear adjustments, making it easy for the driver to find the best operating angle. The center console is equipped with an 8-inch high definition touch screen, and the operation interface is intuitive, which is convenient for the driver to view information in real time. The seats are made of fabric, which is wear-resistant and easy to take care of. The main and passenger seats provide front and rear adjustment, backrest adjustment and high and low adjustment functions to ensure the comfort of the occupant. The multimedia interface includes a USB port, which is convenient for passengers to connect to the device for daily entertainment needs.

唐山地区卡罗拉降价消息,底价8.08万!现车充足

The Corolla is equipped with a 1.2T L4 engine with a maximum power of 85 kilowatts and a maximum torque of 185 Nm, which is combined with a CVT continuously variable transmission (simulated in 10th gear) to provide the driver with a smooth power output and driving experience.

Overall, the Autohome owner spoke highly of the Corolla’s exterior design, considering the front face to be stylish and recognizable, and the tail design to be quite classic. Although he mentioned that the tires are slightly lacking in class, this does not hide his recognition of the overall body craftsmanship and dynamic lines. The owner’s personal preferences and unique insights undoubtedly add a unique charm to the Corolla, allowing car buyers to find their own satisfaction while pursuing fashion and practicality.

Is the Trumpchi e8 worth buying?

As an MPV model, the value of Trumpchi E8 is mainly reflected in the following aspects:

First of all, from the appearance design point of view, Trumpchi E8 adopts a family-style design style, the overall shape is atmospheric and fashionable, in line with the aesthetic needs of most consumers. Although your mileage may vary, the appearance design of Trumpchi E8 can undoubtedly attract some consumers.

Secondly, the space performance of the Trumpchi E8 has reached the same level of leadership. Its body size is 4920mm, 1900mm, 1760mm, and the wheelbase is 2930mm, which gives it a great advantage in terms of riding space and storage space. For consumers who intend to buy MPV, this is a very attractive point.

Furthermore, the configuration of the Trumpchi E8 is also quite rich. In addition to the basic comfort configuration, it also provides some practical technology configurations, such as navigation, reversing images, etc., to further enhance the driving experience.

Finally, as a well-known brand in China, GAC Trumpchi’s brand power and reputation have a certain influence in the MPV field. Therefore, from a brand perspective, Trumpchi E8 is also a worthy choice.

To sum up, the Trumpchi E8 has certain competitiveness in terms of appearance, space, configuration and brand, and is worth considering by consumers. Of course, whether to choose the Trumpchi E8 depends on personal needs and budget.

Guangzhou area red flag EH7 price reduction news, the reserve price 199,800

[Autohome Guangzhou Discount Promotion Channel] brings you the latest welfare information: the high-profile luxury car is having a grand promotion in the Guangzhou market. As a representative of China’s high-end car brands, EH7’s price reduction is unprecedented, with a maximum discount of 30,000 yuan, making the original high-end model more cost-effective. At present, the minimum selling price has been adjusted to 199,800 yuan, which is a good opportunity not to be missed for consumers who are interested in buying a car. To learn more about the discounts and real-time prices of specific models, be sure to click "Check Car Price" in the quotation form to get the best car purchase discount. Take action now and seize this rare car buying opportunity!

广州地区红旗EH7降价消息,底价19.98万!现车充足

广州地区红旗EH7降价消息,底价19.98万!现车充足

As a luxury sedan, the side lines of the Hongqi EH7 show the perfect combination of elegance and power. The body length reaches 4980mm, the width is 1915mm, the height is moderate at 1490mm, and the wheelbase reaches 3000mm, making the interior space spacious and comfortable. The front wheel base of 1645mm and the rear wheel base of 1655mm are set to ensure driving stability. The tire size is 245/50 R18, and it is selected with practical and delicate tires. With the wheel style that complements the body line, it gives the EH7 a unique sense of sports and luxury.

广州地区红旗EH7降价消息,底价19.98万!现车充足

In the interior design of Hongqi EH7, its refinement and luxury are immediately apparent. With a modern and traditional fusion style, the leather steering wheel feels delicate and supports manual up and down and front and rear adjustment, which is convenient for the driver to control accurately. The center is equipped with a 15.5-inch high definition central control screen, which integrates functions such as multimedia system, navigation and telephone, and also supports automatic speech recognition, which is convenient to operate. For the seat part, the seat material is a mix of imitation leather and leather/flip hair, which provides both comfortable touch and texture. The main and passenger seats can be adjusted in 4 or 2 directions, and are equipped with user-friendly functions such as heating, ventilation and headrest speakers. The driver’s seat is also equipped with electric seat memory to ensure the comfort of long-distance driving. In addition, the rear seats support proportional reclining, providing flexible storage space. Together, these configurations create a comfortable and technology-filled driving experience in the Hongqi EH7.

The Hongqi EH7 is equipped with a powerful engine with a maximum power of 253 kW and a maximum torque of 450 Nm, fully demonstrating the excellent performance and technological strength of the Hongqi brand. This engine undoubtedly provides the EH7 with surging power support and excellent driving experience.

To sum up, the Autohome owner has a lot of praise for the Hongqi EH7. He especially appreciates its sporty and stylish body design, as well as its eye-catching light group and unique logo at night. For this owner, the 4.98-meter body length and the new new energy logo have undoubtedly added to the charm of the vehicle. The Hongqi EH7 undoubtedly satisfies his pursuit of personality and quality and becomes his favorite car choice.

New design language The new Tiggo 8 will be launched in the fourth quarter.

  A few days ago, we learned from relevant channels that the new Chery Tiggo 8 (internal code T1D) will be launched in the fourth quarter of this year. According to the previous spy photos, the new car has been completely replaced with a new design language, and the whole car is more restrained than the current model. In terms of power, the new car will be equipped with a 1.6T turbocharged in-cylinder direct injection engine code-named F4J16, and its transmission is matched with a 7-speed dual-clutch gearbox.

  Cash tiggo 8

  Tiggo 7

  "New Tiggo 8 spy photos"

  According to the previous spy photos, although there are strict camouflage stickers attached to the head/tail of the new car, we found some clues through the details. For example, the new car adopts a design style similar to the new Tiggo 7, and its integrated front grille with big mouth replaces the upper and lower split front grille design of the current model. With the long and narrow headlights on both sides and the similar three-stage air intake below, the car looks younger and more fashionable.

  As for the tail, the new car still uses temporary light sets, which has a certain gap with the official production car, so the reference value is not great. In terms of interior, the new car follows the current design style as a whole, and the three-spoke multi-function steering wheel and the suspended large-size central control LCD screen make the car look more fashionable and young.

  In terms of power, according to the information taken by the vehicle, the new car will be equipped with a 1.6T turbocharged in-cylinder direct injection engine code-named F4J16, and its transmission is matched with a 7-speed dual-clutch gearbox. For more information about the new car, we will continue to pay attention.