Today, the three major indexes opened higher and went lower, and the smart car ETF(159888) rose against the market, up to 10:17, with an increase of 0.62%. The positions of Guangting Information, Dongjian Technology and Zhongke Chuangda all rose more than 5%, and Luchang Technology, Hudian Shares and Wanji Technology all followed suit.

In the news, the new M7 in the world has exceeded 80,000 vehicles in 50 days since its listing, and the sales data of other new energy vehicle companies in October collectively appeared. Among the new forces, the monthly delivery of LI exceeded 40,000 vehicles for the first time, and the delivery of Xpeng Motors exceeded 20,000 vehicles, which made the automobile market "Silver Ten" full of background color.

Smart car ETF closely tracks CS Smart Car Index. From the perspective of the weight distribution of Shenwan secondary industries, the constituent stocks are mainly distributed in high-quality industry tracks such as electronics, computers, automobiles and communications, with distinct scientific and technological attributes. From the perspective of more exposed concepts, Smart Car Index is mainly exposed to automobiles, consumer electronics and Huawei-related concepts.

Founder Securities said that with the acceleration of the application of NOA in cities and the continuous landing of automatic driving systems at L3 and above, advanced assisted driving is gradually becoming standard. Thanks to the gradual maturity of hardware platform and software algorithm, the second half of autonomous driving is coming, and commercial vehicle autonomous driving takes the lead in entering the stage of commercial operation.

　　Beijing Morning News (Chief reporter Zhang Jingya) The Beijing Morning Post reporter learned yesterday that the first batch of 170 cyber police units of provincial and municipal public security organs will collectively settle in the short video platform of vibrato by opening special work accounts. Among the government affairs numbers of cyber police, the official account of the Cyber Security Corps of Beijing Public Security Bureau "Capital Cyber Police" has become the focus of much attention. At present, the video content released by "Capital Cyber Police" has been played nearly 100 million times, and the number of likes has reached more than 5.2 million times, ranking among the top in Tik Tok government affairs numbers of all cyber police departments in China.

　　"Vivid and vivid content, easy-to-understand language style, and popular forms of communication not only help to show the work style of the people’s police in the new era, but also make network security propaganda and legal education spread in a new form, which is actively supported and fully recognized by young users." Liang Liming, a cyber policeman, said that since the "Capital Cyber Policeman" entered the Tik Tok platform, it has promoted the publicity of cyber legal system and practiced the purpose of "serving the people" by publishing daily police work, anti-fraud knowledge and current affairs hotspots in a rich, diverse and "grounded" form.

　　The reporter found that the "Capital Cyber Police" account closely followed the "trend", used flash subtitles and humorous dubbing to simulate the scene of telephone fraud, and successively launched two seasons of original videos of "killing a liar in one sentence" to give advice to netizens on how to deal with the scam skillfully, with a broadcast volume of 33 million times and more than 2,400 comments. Users have said that they are "interesting, informative and useful, and like it for the network police." The reporter saw one paragraph, "liar: hello, sir, we just found out that your credit card spent 1.8 million in Thailand yesterday. Is it your own operation?" Me: Yes, the elephant I bought yesterday, what happened? "

　　In addition, the "Capital Cyber Police" combined with the high-incidence fraud means in real life, such as job hunting after graduation, making friends online, pretending to be a public security organ, and produced a series of sitcom "Cyber Police Classroom" to interpret network security knowledge, which was widely recognized by netizens. Up to now, the cumulative broadcast volume has reached more than 3.7 million times, and it has been praised 140,000 times. After Didi Yueqing hitchhiking incident, the "Capital Cyber Police" immediately released a safety reminder video through Tik Tok, instructing netizens how to set the location of emergency contacts to share their trips and how to ask for help quickly in an emergency. At present, the video has been praised by netizens for more than 243,000 times.

　　The implementation of the People’s Republic of China (PRC) Basic Health Care and Health Promotion Law and the electronization of motor vehicle inspection marks will cover the whole country … … Coming into June, a large number of new regulations will be formally implemented, which will affect our medical care, food, housing and transportation. Come and find out!

　　whole country

　　one

　　The first basic and comprehensive law implementation in the field of health

　　The Basic Medical Care and Health Promotion Law of People’s Republic of China (PRC) shall come into force on June 1, 2020. This is the first basic and comprehensive law in the field of health in China.

　　The law proposes that citizens are the first responsible person for their own health; The state brings health education into the national education system; The state organizes surveys and statistics on the health status of residents; The state formulates and implements health work plans for minors, women, the elderly and the disabled, and strengthens health services for key groups.

　　The law also provides for violent injuries to doctors. "The personal safety and personal dignity of medical and health personnel are inviolable, and their legitimate rights and interests are protected by law. It is forbidden for any organization or individual to threaten or endanger the personal safety of medical and health personnel and infringe on the personal dignity of medical and health personnel. "

　　The first basic and comprehensive law in the field of health in China, People’s Republic of China (PRC) Basic Medical Care and Health Promotion Law, came into effect on June 1st. The law clearly stipulates that the whole society should care about and respect medical and health personnel; The personal safety and personal dignity of medical and health personnel are inviolable, and their legitimate rights and interests are protected by law.

　　2

　　Banks may not raise the loan interest rate on the grounds of loan suspension.

　　China Banking and Insurance Regulatory Commission and other six departments issued the Notice on Further Standardizing Credit Financing Charges and Reducing the Comprehensive Financing Cost of Enterprises, which came into effect on June 1st. The "Notice" proposes to cancel the fees such as credit fund management; Banks may not charge credit funds to pay transfer fees; For the credit funds that have been allocated but not yet used by the enterprise, no fund management fee shall be charged; For credit financing of small and micro enterprises, it is not allowed to stipulate liquidated damages for early repayment or late payment in the loan contract, and cancel the overdraft commitment fee for corporate accounts and the credit certificate fee.

　　The Notice clarifies that banks are not allowed to force enterprises to purchase insurance, wealth management, funds or other asset management products when approving credit. It is also necessary to carry out credit review in advance, and not to raise the loan interest rate on the grounds of loan suspension, so as to ensure that enterprises with capital needs can obtain loans at reasonable cost; It is forbidden to continue to provide credit support to "zombie enterprises", occupy the bank’s loanable funds and push up the financing cost of other enterprises.

　　three

　　Improve the efficiency of bank approval

　　The newly revised Measures for the Implementation of the Administrative License of the People’s Bank of China shall come into force on June 1st. The method improves and refines the acceptance and approval process of administrative license; Simple procedures have been specially set up for the issuance of bank account opening licenses and other matters, and the time limit for examination and approval of relevant licensing matters has been reduced to five days after acceptance.

　　four

　　Motor vehicle inspection marks cover the whole country electronically.

　　On the basis of pilot projects in 16 cities, the Ministry of Public Security promoted the electronization of motor vehicle inspection marks in two batches throughout the country, providing electronic license services for motor vehicle owners, drivers and related industries and management departments. The first batch has been implemented since April 25, and the second batch will be implemented since June 20, including 15 provinces (regions) of Hebei, Shanxi, Inner Mongolia, Liaoning, Jilin, Anhui, Fujian, Jiangxi, Henan, Guangxi, Tibet, Shaanxi, Gansu, Qinghai and Ningxia, achieving full national coverage.

　　Motor vehicle owners can APPly for the motor vehicle inspection mark electronic certificate through the Internet traffic safety comprehensive service platform or the "Traffic Management 12123" mobile app. Vehicles that are exempt from inspection within 6 years can apply for the inspection mark electronic certificate directly online. Inspection mark electronic certificate can be presented in three ways: online presentation, offline presentation and print presentation, which is convenient for the owner or driver of motor vehicles to apply in different scenes.

　　five

　　The whole country will implement the "one helmet and one belt" security guard action.

　　Recently, the Traffic Management Bureau of the Ministry of Public Security explicitly requested that all localities should steadily promote the "one helmet and one belt" safety protection action, guide drivers and passengers to correctly wear safety helmets and standardize the use of seat belts. From June 1st, the scope of law enforcement punishment is limited to traffic violations of riding a motorcycle without wearing a safety helmet and driving a car without using a seat belt.

　　six

　　Pension service institutions and employees who have these behaviors will be jointly punished.

　　The Measures for the Administration of the List of Joint Disciplinary Objects for Breach of Trust in the Pension Service Market (Trial) issued by the Ministry of Civil Affairs shall come into force on June 1, 2020. The "Measures" pointed out that there are violations of the legitimate rights and interests of the elderly due to the behavior of aged care services; Cheating the property of the elderly by illegal fund-raising or fraudulent means of selling "health care" products; There is a major fire hazard, without undue delay, overdue reform; There are illegal acts involving financial funds such as defrauding government subsidy funds by means of false reporting and impersonator; Old-age care service institutions and employees who refuse to accept or accept supervision and inspection in accordance with the regulations, or conceal the real situation when accepting supervision and inspection, are punished by relevant departments according to laws and regulations, and at the same time, local civil affairs departments should include them in the list of joint disciplinary targets within their respective jurisdictions.

　　seven

　　Implementation of that measure for the administration of mandatory national standards

　　The Measures for the Administration of Compulsory National Standards will come into force on June 1, 2020. The "Measures" pointed out that mandatory national standards should be formulated for technical requirements to protect personal health and life and property safety, national security, ecological environment safety and meet the basic needs of economic and social management.

　　Among them, automobile brake linings are included in the CCC certification (compulsory certification) management scope. If automobile brake linings have not obtained the compulsory product certification certificate and are not marked with the compulsory certification mark, they may not leave the factory, sell, import or be used in other business activities.

Screenshot of the Catalogue of Compulsory Product Certification Source: Website of the General Administration of Market Supervision

　　eight

　　Network security review to safeguard national security

　　The "Network Security Review Measures" jointly issued by the National Network Information Office and other 12 departments came into effect on June 1. The measures clearly point out that if key information infrastructure operators purchase network products and services that affect or may affect national security, they should conduct network security review.

　　nine

　　Some exams were cancelled or postponed.

　　According to the news from the Examination Center of the Ministry of Education, in June, all TOEFL, IELTS, GRE, GMAT, LAST and Cambridge General English Band 5 FCE exams will be cancelled, and the exam fees will be fully refunded. The national CET-4 and CET-6 scheduled for June 13th were postponed and held twice, with the test dates of July 11th and September 19th respectively. The same candidate can only choose to take one exam at the same level.

　　place

　　one

　　Beijing: Promote the use of public spoons and chopsticks.

　　The Regulations of Beijing Municipality on the Promotion of Civilized Behavior came into effect on June 1st. The regulations say "no" to 6 categories and 29 uncivilized behaviors, including throwing objects at high altitude, disturbing people by noise, and charging electric car corridors. At the same time, it advocates ordering food in moderation, implementing separate meals, and organizing weddings, funerals and celebrations in a civilized and frugal manner.

　　2

　　Tianjin: promoting automobile consumption

　　Tianjin recently introduced 11 measures to promote automobile consumption, including adding 35,000 personal indicators for passenger cars, promoting the convenience of Beijing-Tianjin-Hebei, and relaxing the qualifications for individuals and enterprises to apply for incremental indicators. The measures will be implemented from June 1st.

　　three

　　Shandong: 267 acts can be exempted or punished.

　　Shandong Province has made a list of matters that will not be punished and mitigated, implemented inclusive and prudent supervision, and guided people to consciously abide by the law. The list makes it clear that since June 1, 267 illegal acts, such as "failing to hang the business license according to regulations", can be exempted from punishment or given a light punishment if they meet the legal conditions after the enterprise or the party concerned corrects them in time.

　　four

　　Shanxi: Officially implementing garbage sorting.

　　The Regulations on the Classified Management of Urban Domestic Waste in Shanxi Province came into effect on June 1st. According to the regulations, domestic wastes are classified according to recyclables, harmful waste, kitchen waste and other wastes. Cancel the garbage bins scattered in the main streets and public places of the city, and implement regular and fixed-point collection and non-landing management.

　　five

　　Jiangsu: Promote the "Property Ownership Certificate upon Delivery"

　　Jiangsu Province has promoted the real estate registration mode of "issuing certificates upon delivery", and moved the registration window to the real estate delivery site, which will realize normal operation from June. Regardless of the mortgage or the full amount, the buyers only need to settle the tax and prepare all the information, so they can register the real estate at the same time when they close the house and get the certificate of real estate ownership.

　　six

　　Anhui: Promoting the Development of Traditional Chinese Medicine

　　The Regulations of Anhui Province on Traditional Chinese Medicine came into effect on June 1st. The regulations clearly stipulate that each city and county people’s government should hold at least one independent public Chinese medicine hospital; Those who have expertise in learning from teachers and medical skills can obtain the qualification of Chinese medicine doctors after examination; Provincial education departments should incorporate the basic knowledge of Chinese medicine into the relevant courses of primary and secondary schools and popularize the knowledge of Chinese medicine.

　　seven

　　Chongqing: Inter-provincial resident ID card "All Chongqing Office"

　　According to the news of the Public Security Corps of Chongqing Public Security Bureau, from June 1st, foreign registered residents who have stable employment, schooling and residence in Chongqing can handle ID card related business at any police station in Chongqing. The time limit for collecting identity cards has been shortened from the current 20 working days to 15 working days.

　　eight

　　Anhui: It is forbidden to eat terrestrial wild animals and their products.

　　The revised Anhui Food Safety Regulations came into force on June 1st. The "Regulations" stipulate that food producers and operators shall not use non-food raw materials or recycled food as raw materials to produce food, and shall not add substances prohibited by laws and regulations to food; Prohibit the production and operation of foods made of wild animals and their products that are prohibited by laws and regulations; It is forbidden to eat terrestrial wild animals and their products, as well as other wild animals and their products prohibited by laws and regulations.

　　nine

　　Sichuan: New Regulations on Rural Homestead Management

　　The Notice on Standardizing the Examination and Approval of Rural Homestead and the Management of Housing Construction jointly issued by the Sichuan Provincial Department of Agriculture and Rural Affairs stipulates that farmers who have been approved to build houses with land shall, in principle, complete building within two years from the date of application for approval; After the completion of the house, the old houses should be demolished. In strict accordance with the requirements of building new houses and demolishing old houses, in principle, the old houses should be demolished within 90 days after passing the acceptance of the township government. The original homestead should be arranged for use by rural collective economic organizations, and those that can be rehabilitated must be rehabilitated. Farmers who have passed the acceptance can apply to the real estate registration department for real estate registration in accordance with the law after dismantling the old houses and returning the original homestead to the village collective. The Notice shall come into force as of June 1st.

　　10

　　Gansu: Forcibly bringing pets into public places will be fined.

　　The Regulations on the Promotion of Civilized Behavior in Gansu Province is the first local regulation regulating citizens’ behavior in Gansu Province, which will be implemented on June 1. The "Regulations" clarify that those who take dogs out into the dog-forbidden area, fail to use the leash chain as required, and fail to clean up the dog feces in time shall be ordered by the corresponding administrative department to make corrections, and those who refuse to make corrections shall be fined between 50 yuan and 200 yuan. If you don’t listen to dissuasion, you will be fined not less than 100 yuan but not more than 500 yuan for bringing your pet into public places such as hotels and restaurants.

　　11

　　Shanghai: Increase the punishment for fraudulent insurance.

　　The revised Measures for the Supervision and Administration of Basic Medical Insurance in Shanghai will be implemented in June. The "Measures" stipulate that if designated medical institutions and retail pharmacies defraud the basic medical insurance fund by fraud, forgery of certification materials or other means, the municipal and district medical insurance bureaus shall order them to return the relevant basic medical insurance expenses already paid by the basic medical insurance fund, and impose a fine of more than two times and less than five times the relevant expenses paid by the basic medical insurance fund.

　　The "Measures" mentioned that a medical security credit evaluation system and an information disclosure system should be established and improved. The untrustworthy information of designated medical institutions, designated retail pharmacies, designated evaluation institutions and designated nursing institutions and their staff, insured persons and other individuals shall be collected in accordance with the relevant provisions of the state and this Municipality, and joint punishment shall be carried out according to the law and regulations.

　　　　　　　 When Brazil is mentioned in China, nine times out of ten, football will be mentioned. Football is not only a business card handed by Brazil to the world, but also a window for the outside world to observe Brazil.

　　　　　　　 Bai Yansong: Before the opening ceremony of the Olympic Games was officially held, the football match of the Olympic Games had already started. The Brazilian men’s soccer team, which had high hopes, drew 0-0 with only 10 players in the first show. The front page of Brazilian media chose the picture of Neymar sighing or feeling extremely depressed, from which we can see that for Brazilians, football is the most worrying thing.

　　　　　　　 What do Brazilians think of their own players coming to China to develop?

　　　　　　　 Rio citizens:I don’t think there is any problem. My son likes playing football at the age of 23, but there is no chance. If a China club is willing to sign him, there is no doubt that not only he will go, but I will also go with him.

　　　　　　　 Interviewed in the streets of Rio, there are some opinions about Brazilian players going to play in China, including opposition, approval and helplessness. In June this year, 56 million euros, the Chinese Super League team Shanghai signed Brazilian striker Hulk, and the high transfer fee set a new record for Chinese Super League and even Asian football.

　　　　　　　 Kuka, former head coach of Shandong Luneng:China’s football is in the development stage, and the amount of money spent on hiring players should gradually decrease in the future. As China’s salary returns to rationality, Brazilian players will gradually reduce their trips to China.

　　　　　　　 The Palmeiras team coached by Kuka is currently ranked first in Bajia League, but their head coach who coached Shandong Luneng in China was terminated, but the local fans did not think so.

　　　　　　　 Palmeiras fans:Football is a team sport. It is useless to change only KUKA. Everyone must change, China players and Brazilian players. Everyone must change. If this is not enough, then I think KUKA is not alone.

　　　　　　　 Bai Yansong:There is a questionnaire that you can have a look at. Have you heard of the clubs in China Football League? The first place is Guangzhou Evergrande, which may be related to his head coach Scolari. How many times do you remember China entering the World Cup finals? As a result, the proportion of wrong answers was the highest, and only 11% were right. The most fierce answer is never, and then the second place is 36%, more than three times, we should go in more than three times.

　　　　　　　 Football students from China.

　　　　　　　 Ma Sheng:My name is Ma Sheng. I’m 19 years old. I’m Aquarius. I came to Brazil from Anhui. My Brazilian name is Gattuso. I’m a central defender on the court. My blood type is A.

　　　　　　　 Li Yueming:My name is Li Yueming. I come from Anshan, Liaoning. I’m 19 years old. I’m a Leo. My Brazilian name is Li, which is my Chinese surname. I’m 1.89 meters and I’m a central defender on the court.

　　　　　　　 Belan Brethous, a small city 300 kilometers around Sao Paulo, is more comfortable and quiet than Sao Paulo. Ma Sheng and Li Yueming from China are training with Botafogo Professional Team in Sao Paulo. They have just finished their three-year study in Brazil, and now they are managed by Hebei Elite Football Club and Concession. To put it simply, they just finished studying abroad, and because of their outstanding performance, they stayed in Brazil to work.

　　　　　　　 Bai Yansong:In fact, there is no way to send children out to play football. The best way is that we have a very rich football environment ourselves, and then football starts with dolls, instead of starting with the president of the Football Association, as we did a few years ago.

　　　　　　　 Brazilian football has no worries about the future.

　　　　　　　 In Brazil, it is said that after children learn to walk, the first thing they do is to play football. In the eight slums in the urban-rural fringe of Rio, the reporter saw a group of barefoot children, the youngest of whom was only 4 or 5 years old, but their feet were quite sophisticated.

　　　　　　　 Reporter:What position do you play?

　　　　　　　 Iger:Forward.

　　　　　　　 Iger is 9 years old and lives in this slum. Although he hasn’t scored yet, when interviewed by reporters, he strongly urged his parents to allow him to be on TV. Iger’s idol is Neymar, born in 1992. Just like them, they played barefoot and practiced some gorgeous footwork. Fortunately, Neymar, who grew up in a slum, has become famous.

　　　　　　　 Bai Yansong:Although the sand parade of the Olympic Games on Copacabana beach seems to be unfinished, it doesn’t affect the beach next to it at all. Brazilians continue to exercise happily. We found that the Brazilian innovated football on the beach. He combined volleyball and football, two of his strongest sports, and played volleyball, which required superb skills and skills. Maybe Brazilian football will be improved.

　　　　　　　 Brazilian players and fans

　　　　　　　 In order to find the mark of Pele, we came to Santos fan bar. When we asked the fans about Pele’s impression, an old man replied, Who is Pele? Later, the owner of the bar said that he was joking with us, and this was actually Bailey’s teammate in the national team. They fought together in the 1962 World Cup and won the championship.

　　　　　　　 Coutinho:The memory is that we played football together and won the championship together. It was a grand game, and everyone was very excited. We were boiling on the court with the goddess of victory.

　　　　　　　 Pele, who started from Santos team, became a symbol of Brazilian football, which made Santos fans proud forever. Bailey’s autograph on the wall has been hanging here for almost eight years. It can be said that all Santos fans know this bar. The decoration of the bar is unified into black and white colors of the team, and the walls are covered with historical photos of the team.

　　　　　　　 Bai Yansong:There are simply too many people playing football in Brazil. Indeed, now Brazilian football seems to have encountered a huge challenge, losing 7-1 to Germany, and even the Copa America did not appear in the group stage, losing to Peru, which really shocked Brazilians. But when I really came to Brazil, I would feel that it will make a comeback soon, because there are too many people playing football, just like there are too many people playing table tennis in China. If you win or lose once, you won’t be afraid at all.

　　A round football has attracted wide attention. The news that Shen Haixiong, director of China Central Radio and Television Station, and Gabriele Glavina, president of the Italian Football Association, signed a memorandum of understanding on cooperation in Rome has quickly fermented in the global media. Small football, attracting attention, has become one of the hot spots of multinational media.

　　In order to implement the consensus of the heads of state of China and Italy on deepening mutual trust and pragmatic cooperation in various fields, and promote the development of football career and the spread of football culture in the two countries, on March 24th, China Central Radio and Television General Station and the Italian Football Association decided to carry out all-round strategic cooperation. According to the intention reached by both sides, Serie A is expected to enter China normally in the next three years.

　　"Football has once again become a bridge between different cultures."

　　The Associated Press (AP) published an article entitled "Italian Football Federation Signs Deal with Chinese Government", saying that the Italian Football Association signed a comprehensive memorandum with the government of China to promote the development of football in the two countries. Gabriele Glavina, president of the Italian Football Association, said: "Football has once again become a bridge between different cultures." The Washington Post, Miami Herald, ESPN (Entertainment and Sports Network) and other media all forwarded the report of the Associated Press.

　　Agence France-Presse reported the signing of the contract between the Italian Football Association and the government of China. The report emphasized that the president of the Italian Football Association said "this is a historic meeting and extremely important" after meeting with Shen Haixiong, director of the Central Radio and Television Station. Reuters reported on the topic "Italy will discuss staging Serie A matches in China".

　　An article published on the Financial Times website was titled "Top Italian Football League is negotiating to host a game in China". After this report was forwarded by the international mainstream media, it caused widespread public concern.

　　The news that China and Italy signed a memorandum of understanding on football exchange has attracted great attention from Italian media. Almost all mainstream media, including the Italian National Radio and Television Company, La Corriere dello Sport, Ansa, La Republica, Italian Football Association official website and Tgcom24 news channel website, reported it in a prominent position or at an important time.

　　The Italian National Radio and Television Company tweeted that the Italian Football Association hopes to carry out all-round cooperation with China, including Serie A events, through the memorandum of cooperation signed with the Central Radio and Television General Station, the largest media group in China.

　　The Evening Post published an article saying that this is a very pragmatic memorandum. The cooperation between CCTV and the Italian Football Association will help to promote the spread of Italian football culture in China, promote cooperation in related industries, jointly improve the football level of the two countries, and promote comprehensive cooperation and exchanges including competition cooperation, cultural exchange, sports medicine cooperation and player coaching.

　　Official website, the Italian Football Association, released a message immediately after the signing of the memorandum, saying that the memorandum was aimed at promoting the development of football in China and the spread of Italian football in China. Glavina, president of the Italian Football Association, believes that this is a historic meeting. This dialogue with the director of the Central Radio and Television General Station can not only further strengthen the exchanges between Italy and China in football and culture, but also breed new opportunities for cooperation.

　　The Italian newspaper La Repubblica published an article saying that the signing of the memorandum will help Italy to better spread its football culture in China. In the near future, maybe we can watch Lazio-Napoli match in China.

　　On March 24th, Russian, French, German, Japanese, Brazilian, Portuguese, Kazakstan, Thailand, Nepal, Canadian and other countries published a draft of "The Memorandum of Understanding on Cooperation between CCTV and Italian Football Association is expected to enter China normally", which blew the football wind in China.

　　Serie A is expected to enter China normally, and this news has also been forwarded and praised by many media in China. Mainstream media such as People’s Daily Online, Xinhuanet, Chinese Government Online, Zhongxin.com, and World Wide Web believe that China and Italy will organize training for football technicians, football club management talents and schools, organize national football teams of the two countries to hold friendly competitions in each other’s countries, carry out cooperation in football digitalization and product development, and build a new communication platform for fans and teams of the two countries. Overseas Chinese media such as Hong Kong Commercial Daily, Ta Kung Pao and American Business News also paid attention to the historic significance of this agreement for the first time.

　　During the peak season of autumn tour, many scenic spots in the city attract a large number of passengers, and parking around some scenic spots is difficult, which in turn leads to congestion. The traffic pressure around Xiangquan Island is high from 7: 00 to 14: 00, and the parking lot is saturated before 8: 00. The traffic forecast for next week released by the Municipal Traffic Management Bureau shows that due to the increase of outing vehicles, the Beijing-Chengde Expressway, the Beijing-Tibet Expressway and the Beijing-Xinjiang Expressway in the northern part of the city are prone to congestion during the weekend morning hours. At the same time, sports competitions will be held in Tongzhou and Pinggu, and the surrounding traffic will be affected to some extent during the games.

　　This weekend is the key peak day of the viewing period of the red leaves in Xiangshan, and the traffic control department will take temporary traffic management measures for the surrounding roads in due course according to the traffic conditions. It is suggested that citizens should choose the Xijiao Line of rail transit as far as possible, which not only saves time than driving, but also makes Xiangshan Station on Xijiao Line 1500 meters closer to the park than the parking lot.

　　During the morning rush hour next week, the second, third and fourth rings, the east, west and north fifth rings, the east and north sixth rings, Caihuying South Road, Tonghuihe North Road, Xizhimen North Street, Deshengmenwai Street, Yuanmingyuan West Road to Wanquanhe Road, Fushi Road and Lianshi East Road will enter the city, as well as Beijing-Tibet Expressway, Jingcheng Expressway, Jingtong Expressway, Beijing-Hong Kong-Macao Expressway and Airport Expressway. The traffic pressure will be particularly prominent on Monday and Wednesday morning rush hours when the tail numbers are limited to 4 and 9.

　　From morning to morning on weekdays, it is estimated that the traffic volume in front of and around hospitals such as Children’s Research Institute, Children’s Hospital, Third Hospital of Beijing Medical University, Beijing Hospital, Tongren Hospital, Xiyuan Hospital and Jishuitan Hospital is relatively large, and the peak hours are expected to be 7: 00 to 13: 00.

　　From 7:10 to 7:50, some schools in Haidian, Xicheng, Dongcheng and Chaoyang, and areas where primary and secondary schools are concentrated, such as Zhongguancun and Guangqumen, will have traffic peaks, and parking will affect normal traffic.

　　During the evening rush hour, the traffic flow on some sections of the East, West, North Second, Third, Fourth, Fifth Ring Road and East Sixth Ring Road, as well as urban roads from Wanquanhe Road to Yuanmingyuan West Road, Tonghuihe North Road and Lianshi East Road, is concentrated. The traffic flow on Beijing-Tibet Expressway, Jingcheng Expressway, Jingtong Expressway, Beijing-Hong Kong-Macao Expressway and Airport Expressway is large, and the peak hours are from 17:30 to 20:00.

　　From the morning of November 5 (Sunday) to the morning, the 2023 Beijing Tongzhou Canal Half Marathon will be held in Tongzhou District. During the event, temporary traffic management measures will be taken for the urban green heart forest park and some surrounding roads; From the morning of November 5 (Sunday) to noon, a bicycle race will be held in Pinggu District. During the event, temporary traffic management measures will be taken for Shilinxia Scenic Area and some surrounding roads; On the evening of November 6, a basketball match will be held in the gymnasium of the Olympic Sports Center. On the evening of November 8th and 10th, a basketball match will be held in Wukesong Gymnasium. In addition, a number of performances will be held in the National Grand Theatre, Beijing Concert Hall, Tianqiao District, Guotu Art Center, Sanlitun District and the vicinity of Pingfang Bridge. Before and after the entrance, there will be a short period of heavy traffic on the roads around the venue.

# How can China Football Rush Out of Asia # China Football Rush Out of Asia, first of all, we need to examine our strengths and weaknesses, find out the fundamental problems that hinder development, and then formulate comprehensive and reasonable strategies.

Our advantages are: huge football population, strong football atmosphere and increasingly perfect football infrastructure. However, our disadvantages are equally obvious: low technical level, poor management and insufficient experience in international competitions.

To solve these problems, we put forward the following strategies:

Improve the technical level: improve the technical level of players through a large-scale youth training program. Learn from the experience of foreign excellent football schools, establish a number of high-level football schools and provide professional training and guidance.

Strengthen management: improve the management mechanism of clubs and national teams, introduce professional sports management talents, learn international advanced management experience, and make management more scientific and efficient.

Increase international competition experience: By participating in various international competitions, increase players’ competition experience and improve their psychological quality and coping ability. At the same time, it can also let the world know more about China football and increase our international influence.

Cultivate football culture: promote football culture in the whole society, so that more people can understand, love and participate in football. Through holding football matches, carrying out football training camps and other activities, we will cultivate more teenagers’ interest in football.

Do a good job in training young people: attach importance to the training of young people, provide professional coaches and facilities, and provide a good growth environment for young players. At the same time, we should also pay attention to the moral education of teenagers and cultivate players with excellent quality.

Attracting excellent foreign aid: On the premise of meeting the requirements, attract some excellent foreign aid to play in China, bring their experience and skills to China players, and promote the development of football in China.

Strengthen the contact with FIFA: By strengthening the contact and communication with FIFA, we can understand the development trend and dynamics of international football and learn the advanced international management experience and technology. At the same time, we can also use the platform of FIFA to promote China football and increase the international influence of China football.

Establish a scientific selection mechanism: establish a scientific selection mechanism to select young players with potential from all over the country and provide professional training and guidance. At the same time, we should also pay attention to the diversified development of players, attract players from different backgrounds to play in China, and enrich the cultural connotation of China football.

Establish a perfect professional league system: establish a perfect professional league system to improve the competitive level and appreciation of the league. Increase the publicity and marketing ability of the league, attract more audiences to pay attention to the league, play a "star effect" and let more people love football and participate in the sport, thus increasing the income and attention of the league and providing financial guarantee for the long-term development of the club and the national team.

Strengthen cooperation with the media: Promote football matches and related activities through the media, so that more people can understand and pay attention to China football, improve the popularity and influence of China football, and at the same time, use the power of the media to promote the importance of football culture and youth training, so that more people can understand and support the development of China football.

In short, China football needs the joint efforts and support of the whole society, from the government to the clubs, from coaches to players, from teenagers to professional leagues, in order to achieve this goal, we believe that as long as we make concerted efforts in Qi Xin, China football will certainly be able to rush out of Asia and go global!

The chaos in the water purifier market needs to be strictly controlled

Photo courtesy of China News Service

　　In recent two years, people have paid unprecedented attention to the health and safety of life and drinking water. With the popularization and improvement of health awareness, people’s drinking habits have gradually changed. From bottled water and bottled water to today’s water purifiers, we can see that the pursuit of healthy drinking water has become a fashionable trend, and it can also be said that the situation is gratifying.

　　At present, the overall situation of China’s water purifier industry is good. The whole water purifier industry presents a rapid development momentum, and the market prospect is brighter with the promotion of manufacturers. According to industry experts, the market capacity of domestic water purifiers will exceed 100 billion in five years. However, there is a saying that "there are three holidays in ten days", and the market is hot, which also exposes some problems.

　　The quality can’t pass repeatedly.

　　In recent years, the annual growth rate of water purifier market capacity in China has reached 50%. It is estimated that the market penetration rate of domestic water purifiers will reach 20% ~ 30% by 2019. However, behind the rapid growth of the water purifier market, many problems such as uneven brands, complicated installation and difficult maintenance have been hanging over the whole industry.

　　"The selling price of this one is only 100 yuan, but the other one sells nearly 5,000 yuan. The appearance looks similar, and it is really impossible to tell good from bad." Recently, after visiting the market, the reporter found that there are many brands of water purifiers and the prices are very different. Among them, the cheapest is only 196 yuan, which can be directly installed on the faucet. The most expensive one is the central intelligent water purifier, which costs nearly 10,000 yuan.

　　In order to attract customers to buy, merchants also put forward health concepts such as activity and rich oxygen ions, and publicity such as "beauty", "freckle" and "anti-cancer" are common. In a water purifier store, the clerk introduced a RO water purifier with a price of 4,998 yuan to the reporter, saying that "the filtration technology is the most advanced, which can remove 99% impurities and the water coming out is the healthiest". Seeing that the reporter suspected that the price was a bit high, the clerk introduced an ultra-filtration water purifier with a price of 998 yuan, and said that the filtered water is rich in minerals, which is beneficial to the body.

　　In addition to price confusion, the quality of water purifiers has been questioned. The General Administration of Quality Supervision, Inspection and Quarantine conducted spot checks on the water purifiers of 33 enterprises nationwide and found that 40% of them were unqualified. Lu Jianguo, director of the Health Appliance Analysis and Testing Center of China Household Electrical Appliances Research Institute, said that since 2014, the General Administration of Quality Supervision, Inspection and Quarantine has organized three national supervision and spot checks. The results show that the pass rate of water purifiers is less than 70%, which is a low level in the household electrical appliance industry.

　　An insider broke the news that a 2800-yuan RO water purifier was disassembled and found that the accessories were a meltblown filter from 1.8 yuan, a compressed activated carbon filter from 3 yuan, two granular activated carbon filters not exceeding 3.5 yuan, and a RO membrane from 60 yuan. "In addition to the low-end accessories, some businesses do not have ‘ Water batch ’ (Approval of Hygiene License for Drinking Water Hygiene and Safety Products) also dare to sell. "

　　The industry lacks supervision.

　　It is understood that there are more than 3,000 enterprises producing water purification equipment in China, and there are countless brands. However, the quality of water purifiers is uneven, and there are phenomena such as inflated prices and inaccurate reporting.

　　First, there are standards that are difficult to implement. At present, there are GB/T30307 national standards and QB/T4143 and QB/T4144 industry standards. The standards are available, but they have not been widely adopted. Most enterprises always try their best to bypass the standard requirements, and some enterprises do not implement the standard on the grounds of not knowing.

　　Second, there is supervision and it is difficult to cover. At present, the water purifier industry is in a state of many and scattered. Although there are more than 4,000 brands of water purifiers in China, only a handful of them can become national brands. Behind the prosperity of the industry, a large number of small enterprises driven by interests exist, which invisibly increases the difficulty of supervision and law enforcement.

　　Third, there is technology, which is difficult to distinguish. The biggest problem with water purifiers is poor experience, and it is difficult for consumers to distinguish between good and bad by appearance and price. Although there are water purification testing institutions, but the number is small, the price is expensive, enterprises are unwilling to test, so that some products do not meet the standard requirements are also listed for sale.

　　Fourth, consumers favor foreign brands, giving some unscrupulous businesses an opportunity to make huge profits under the banner of "foreign names". Lu Jianguo said that it is difficult to manage thousands of small workshop-style enterprises only by government-led supervision, and some enterprises have slipped through the net, resulting in exaggerated efficacy and false propaganda. He believes that consumer participation in market supervision is the best way to supervise.

　　Pay attention to safety in use

　　The main function of water purifier is to improve water quality and remove harmful substances such as residual chlorine, heavy metals and suspended solids, but using unqualified water purifier will pollute the water source. How to choose a qualified water purifier, Lu Jianguo gave several suggestions.

　　The first is to check the documents. It depends on whether the dealer’s sales documents (business license, organization code certificate, tax registration certificate, etc.) are complete. In addition, whether there is a health permit issued by the national health department for the health and safety of drinking water.

　　The second is to understand the water quality. In areas with good water quality, you can buy a filter water purifier; In heavily polluted areas with chlorine in water and heavy taste, or families with direct drinking needs, you can buy reverse osmosis water purifiers.

　　The third is to look at the filter. The high-hardness water quality in the north of China and the limestone area in the south of China have high calcium and magnesium ions, so you should buy an advanced filtration water purifier with ion exchange resin filter core. In areas with heavy chlorine and different colors and odors in water, you can choose a household water purifier with a large amount of activated carbon.

　　The fourth is to look at the wastewater rate. For similar water purifiers, try to choose the one with low wastewater rate. (Zhong Gong Net reporter Lu Xiang)

　　In April, the promotion policies of new energy vehicles were frequent in various places. Xi ‘an announced that it would implement the charging service fee standard for new energy vehicles from April 10, and encouraged charging facility operators to implement preferential policies for users. Shanxi, Shanghai, Hangzhou and other places also successively introduced corresponding support policies. A few days ago, the third batch of new energy vehicle catalogues was also announced, with a total of 309 models on the list. Since the introduction of the new new new energy vehicle catalogue in January 2016, more than 1,000 models have entered the new catalogue.

　　While various automobile manufacturers vigorously promote the research, development and promotion of new energy automobile products, social capital has also flooded into this field on a large scale, which has spawned various modes such as Internet car-making and third-party services. At the same time, new energy vehicles have attracted more and more attention from the capital market.

　　Trend capital pays attention to new energy vehicles

　　On April 1st, the pure electric vehicle Tesla MODEL 3 started booking around the world. As of April 3rd, Model3 had received nearly 300,000 orders with a total value of more than 10 billion US dollars, and the market booking volume far exceeded expectations.

　　Tesla effect drives the A-share new energy vehicle sector to rise. On the morning of April 5, the market opened, and the words Dafu Technology, Hongte Precision and Hongfa Shares were daily limit. Subsequently, Guangdong Hongtu, Changxin Technology, and Xinzhi Motor had daily limit. As of the close of the day, more than 20 stocks in this sector had daily limit. At the close of April 6, Nord’s shares rose daily, and the lithium battery sectors such as Polyfluoride, Ganfeng Lithium Industry and Tianqi Lithium Industry also rose by more than 4%.

　　Not only has the stock price soared, but new energy vehicles have also become hot in the capital circle. Shenzhen O-film Tech Co.,lt, a listed company engaged in auto parts business, recently announced that it plans to subscribe for the registered capital of 80 million yuan (80 million shares) of Beijing New Energy Automobile Co., Ltd., a subsidiary of Beijing Automobile Group, at the price of 204 million yuan and 2.56 yuan per share.

　　In the past month, many listed companies such as Bohai Piston and Guoxuan Hi-Tech have become new shareholders of BAIC New Energy. According to the announcements of the subscribers, the target of this round of capital increase launched by BAIC New Energy in March this year is 1.2 billion yuan. After the subscription is completed, the registered capital of BAIC New Energy will increase from the existing 2 billion yuan to no more than 3.2 billion yuan.

　　BYD Auto started construction of a new energy vehicle production base in Taiyuan, Shanxi at the end of March, with a total investment of 4 billion yuan, and an annual output of 5,000 pure electric buses, 5,000 pure electric buses and 2,000 industrial and mining vehicles.

　　At the same time, many social capitals have entered the service fields of new energy vehicles such as charging piles and time-sharing leasing. The reporter learned that Yikai Car Rental is an enterprise engaged in the third-party service of new energy vehicles. By establishing a large number of new energy vehicle rental points including parking spaces and charging piles, it serves consumers in a time-sharing mode. At present, this model has been operated in Wuhu, Anhui Province for more than two years, and has gained good experience and matured.

　　Promotion of the status quo is the primary issue.

　　Since the private market of new energy vehicles was opened in 2014, new energy vehicles have been growing at multiple times in the past two years. According to the statistics of China Automobile Industry Association, the production and sales of new energy vehicles increased by 1.7 times in the first two months of this year compared with the same period of last year, and the production and sales of pure electric vehicles increased by nearly 3 times respectively. At the same time, however, the promotion of new energy vehicles is still the most important issue at present, affected by factors such as cruising range, cost and price, and charging facilities. How to promote the development of new energy vehicles through the innovation of policies, modes, technologies and services has become a topic of common concern.

　　Both auto companies and social operators have a clear understanding of this. Zhang Yong, deputy general manager of Beijing New Energy Automobile Co., Ltd. and general manager of the marketing company, said that Beijing New Energy Automobile has developed from a single model to multiple series, and established the service brand of "Smart and Smart Housekeeper", and opened up the demand of market users and opened up markets such as Beijing, Shanghai, Shenzhen, Guangzhou, Qingdao and Sanya.

　　"The promotion of new energy vehicles in first-tier cities has policy advantages such as restrictions on purchases and restrictions. However, it is impossible to improve air quality only by promoting new energy vehicles in first-tier cities. How to promote new energy vehicles in the vast second-and third-tier small and medium-sized cities has become an important issue. The model of easy car rental is to solve this problem. " Yan Daoyuan, chairman of Yikai Car Rental, said.

　　Yan Daoyuan said that at present, more than 1,100 pure electric vehicles have been invested in Wuhu, and more than 200 car rental points have been set up, which are spread all over the urban area of Wuhu. Consumers can basically walk within 10 minutes, and it is very convenient to pick up and return the cars.

　　"For example, if you go to work every day, you can inquire about the car rental point near your home through the mobile APP, walk for 5 to 10 minutes, and then return the car at the car return point near the unit. It is also a 5 to 10 minute walk. It is convenient to go to the unit and pay the fees online." Yan Daoyuan said that at present, there are 1,500 charging piles, which can provide charging service for 300 vehicles at the same time, and the vehicles are configured according to the ratio of one thousandth of the permanent population. In the future, a total of 5,000 pure electric vehicles will be put into Wuhu, further increasing the construction of car rental points.

　　Yan Daoyuan said that the current costs include land, maintenance, labor, electricity consumption, car purchase and other expenses. At present, in terms of income, only car rental fees are charged, and consumers are not charged other fees such as charging fees and parking fees.

　　Some experts said that there is a great demand for travel between 25 km and 100 km in the city, but there is no public solution now. In addition, the current utilization rate of private cars is only about 7%, while time-sharing can increase the utilization rate to 40% to 60%. It is estimated that the future time-sharing market will be hundreds of billions of yuan.

　　"At present, this model of easy car rental has formed a small ecological environment for sharing traffic in an urban area, which can be promoted and replicated in other small and medium-sized cities across the country." Yan Daoyuan said that not only small and medium-sized cities, but also Easy Car Rental has planned to enter the Beijing market. "The situation in Beijing and Wuhu is fundamentally different, including the cost of distribution will be greatly increased, but with the city’s demand for improving the environment and people’s fast and green travel, the promotion of new energy vehicles will go a long way." He said.

　　It is expected that the target of 5 million vehicles is expected to break through.

　　Good policies, good models, and good products and services are also needed. A few days ago, the National Development and Reform Commission approved the pure electric passenger car construction project of Beijing New Energy Automobile Co., Ltd., which is considered to be the first new energy vehicle production qualification in China. At the same time, the super pure electric sports car developed by BAIC Group in the R&D center in Barcelona, Spain has started field testing. At the Beijing Auto Show at the end of this month, BAIC’s driverless technology will also be available.

　　"5 million vehicles is a planned goal of the government. We think this may be faster. The most important reason is the progress of technology and the reduction of costs. With the improvement of product research and development and supply chain systems invested by major automobile companies, the scale effect is becoming more and more obvious." Zhang Yong said.

　　Some experts say that in the next three to five years, the private market in first-and second-tier cities will start rapidly, and the vast third-and fourth-tier cities and developed rural cities also have the demand for pure electric vehicles, but there are no suitable products to meet them, which will be replaced by some low-speed electric vehicles. If there are pure electric vehicles with appropriate cost performance, there will be a good market.

　　Under such a market prospect, the performance of the new energy automobile industry has also performed well. According to incomplete statistics, among more than 50 companies related to the new energy automobile industry that have published annual reports and performance reports in the A-share market, nearly 40 have achieved year-on-year growth in net profit. "We believe that the domestic new energy vehicle market will be better than the target of 5 million vehicles in the future." Zhang Yong said.

　　Reporter Li Zhiyong

On January 26, 2024, the market fluctuated and differentiated all day. At the close, the Shanghai Composite Index rose 0.14%, the Shenzhen Component Index fell 1.06% and the Growth Enterprise Market Index fell 2.23%. Northbound funds bought 1.51 billion net all day.

In terms of sectors, PEEK materials, Hainan, real estate and Shanghai state-owned assets were among the top gainers, while CRO, semiconductors, MR and BC batteries were among the top losers.

In ETF, S&P ETF(159655.SZ), real estate ETF Huaxia (515060.SH) and real estate ETF(512200.SH) led the gains. In addition, banks, games, and delivery ETFs were also boosted by relevant news, with the highest gains.

[Financial support for real estate, favorable policies resonate]

In the news, the relevant person in charge of the State Financial Supervision Bureau said that it will continue to provide personal housing loan financial services. We will support local city governments and housing construction departments to further optimize individual housing loan policies such as down payment ratio and loan interest rate, and guide and urge banks to better serve the financing needs of the broad masses of people for rigid and improved housing.

In addition, the Ministry of Housing and Urban-Rural Development issued a voice on January 26, 2024, fully giving urban real estate control autonomy, and cities can adjust their real estate policies according to local conditions. In view of the current financing problems of some real estate projects, all localities should focus on projects, study and put forward a list of real estate projects that can be given financing support, coordinate the issuance of loans by financial institutions within their respective administrative regions, and accurately and effectively support reasonable financing needs. It is understood that before the end of this month, the first batch of projects can win loans after landing.

Huatai Securities believes that the press conference makes it clear that the financial industry is duty-bound to support real estate vigorously, and optimize policies such as down payment ratio and loan interest rate due to the city’s policy. At present, the mortgage interest rate has gone through several rounds of LPR adjustment, and the lower limit of the point has been gradually relaxed until a dynamic breakthrough. Many places have lowered or cancelled the lower limit of the interest rate due to the city’s policy. RealData shows that the national first home interest rate has dropped to 3.84% in January 2004, down 1.59pct from the high point in October 2001. In September 2003, the stock mortgage interest rate was lowered to further reduce the burden on residents. Many cities have implemented the policy of "recognizing houses but not loans" and optimized the criteria for recognizing the first suite, and the policy adjustment has gradually spread from low-energy cities to high-energy cities. There is still room for the relaxation of the future purchase restriction policy in first-tier cities.

Related ETFs: real estate ETF Huaxia (515060.SH), real estate ETF(512200.SH), real estate ETF(159768.SZ), real estate ETF(159707.SZ), financial real estate ETF(510650.SH) and financial real estate ETF(159940.SZ).

[Cancel the restrictions on the proportion of foreign investment, and banks will welcome benefits again]

In the news, on January 25, 2024, the relevant person in charge of the General Administration of Financial Supervision said that more than 50 opening-up measures have been introduced recently. First, the restriction on the proportion of foreign shares will be abolished. Now, foreign capital can hold 100% of the shares of bank insurance institutions and achieve complete control. Second, the negative list of foreign investment access, and the relevant restrictive measures on the financial industry have been completely cleaned up. For example, the business scope of foreign banks and insurance institutions is completely consistent with that of Chinese capital, realizing national treatment.

Huatai Securities believes that the press conference of the State Council Office made a heavy noise, and the policies at both ends of real estate supply and demand were once again overweight, emphasizing the resolution of risks of small and medium-sized banks and relaxing the proportion of foreign ownership. The combination of the central bank’s policy of lowering the RRR at the beginning of the year will help improve the liquidity environment and accumulate momentum for economic recovery. The policy is expected to be good+the valuation position is double low, and we should seize the opportunity of bank allocation. At present, the valuation of PB(lf) in the banking sector is 0.54 times, which is 3.66% quantile since 2010, which is at a low level. Bank positions of 23Q4 decreased by 0.6pct from the previous month to 1.91%, a record low.

Related ETFs: Bank ETF Huaxia (515020.SH), Bank Leading ETF(515280.SH), China Securities Bank ETF(512730.SH), Bank ETF(512800.SH), Banking ETF(512820.SH) and Bank ETF(159887.SZ).

[Spring Festival travel rush opens on the first day, and the travel industry chain is expected to benefit]

In the news, today (January 26th) is the first day of Spring Festival travel rush in 2024. Railway 12306 began to sell train tickets for February 9, that is, the 30 th day of the twelfth lunar month. It is estimated that during the period of Spring Festival travel rush this year, the cross-regional personnel flow will reach 9 billion. According to the booking data of 12306, on the first day of Spring Festival travel rush, the national railway is expected to send 10.6 million passengers.

Yongxing Securities believes that the traditional holidays are coming and the travel industry chain is expected to benefit as a whole. Near the 8-day holiday of the Spring Festival, the travel heat of the Ma Honeycomb Platform during the Spring Festival rose by 350%, showing an upward trend. The reunion festival has become the choice of most tourists to promote family travel, and the family parent-child group accounts for 42% of the Spring Festival travellers. Ctrip shows that orders for domestic travel, outbound travel and inbound travel have all increased substantially. Considering that during the traditional holidays, the flow of visiting relatives and tourists will overlap, the demand for domestic and outbound travel will increase, and the travel industry chain is expected to benefit as a whole.

Related ETFs: Travel ETF(159766.SZ), Travel ETF(562510.SH), Delivery ETF(561320.SH), Transportation ETF(159683.SZ), Transportation ETF(159666.SZ) and Delivery ETF(159662.SZ).

[115 games approved! The game plate oscillated and rebounded]

On January 26th, 2024, relevant departments released the approval information of domestic online games in January, and a total of 115 games were approved. Since the edition number was resumed in 2022, the number of edition numbers in a single month has exceeded 100 for two consecutive months, and the overall edition number has remained stable.

Citic Securities believes that in the medium and long term, there are still opportunities for the development of China’s game industry, especially related companies that focus on quality content and development in the sea. At the same time, the game industry is an industry that pays attention to innovation. Through technological innovations such as AI and VR, as well as business model innovations in gameplay and categories, game companies are still expected to continue to create increments.

Related ETFs: game animation ETF(516770.SH), game ETF(516010.SH), game ETF(159869.SZ) and game media ETF(517770.SH).