Xinhua News Agency, Hong Kong, June 6th 　Title: Hong Kong, Get rid of the old and seek new development.

　　Remarks: On July 1, 1997, the China Government resumed the exercise of sovereignty over Hong Kong and the Hong Kong Special Administrative Region was established. After its return to the motherland, Hong Kong has been incorporated into the national governance system and embarked on a broad road of complementary advantages and common development with the mainland of the motherland. The practice of "one country, two systems" in Hong Kong has achieved great success. The extraordinary course of Hong Kong’s return to the motherland for 25 years fully proves that the implementation of "one country, two systems" is conducive to safeguarding the fundamental interests of the country, Hong Kong and the vast number of Hong Kong compatriots. Xinhua News Agency opened the column "25th anniversary of Hong Kong’s return to the motherland" on June 6th, focusing on the successful practice of the great concept of "one country, two systems" in Hong Kong, and comprehensively showing the great achievements made by Hong Kong in the political, economic, people’s livelihood, social and cultural fields.

　　Xinhua News Agency reporter Wang Xu Zheng Xin

　　Scenery on both sides of Victoria Harbour in Hong Kong. Xinhua News Agency reporter Li Gangshe

　　In Hong Kong, which is about to celebrate the 25th anniversary of its return to the motherland, the sea breeze is still gentle and the street view is still amazing.

　　Looking back, the Hong Kong Special Administrative Region (HKSAR) has survived many storms and challenges, but it still stands proudly. All kinds of tests have not shaken the foundation of "one country, two systems", adhered to the comprehensive and accurate implementation of "one country, two systems", Hong Kong’s development has returned to the right track, and the prospect of "one country, two systems" has become brighter.

　　Looking forward to the new journey, Hong Kong is sketching out the development path under the background of the new era, and is ready to move forward.

　　Stand at a new historical starting point

　　Twenty-five years later, the neon lights in Mong Kok are still colorful, the racetrack in Happy Valley is still exciting, and the banks and brokers in Central are still full of signs, and the years have not diminished Hong Kong’s peerless elegance.

　　In the 25 years since the reunification, with the support of the central authorities, Hong Kong has overcome many crises and still maintained its position as an international financial, shipping and trade center. Under "one country, two systems", Hong Kong’s financial system remains stable, capital flows freely, human resources are abundant, and the rule of law environment is good. Its unique position of relying on the motherland, facing the world and connecting the mainland and the world has become increasingly prominent. According to the data released by the World Bank, Hong Kong will rank third in the world in terms of ease of doing business in 2020; In terms of world governance indicators to measure the rule of law environment, Hong Kong scored only 69.85 before the reunification, but it has remained above 90 since 2003.

　　Over the past 25 years, Hong Kong has stood at the starting point of a new track, facing new broad opportunities.

　　Hong Kong-Zhuhai-Macao Bridge. Xinhua News Agency reporter Liang Xushe

　　He first came to China to do business in 1979 and set up a medical device company in Hong Kong in 1994. In the eyes of Danish businessman Peter Stein, Hong Kong has a more unique charm. Guangdong-Hong Kong-Macao Greater Bay Area’s development plan introduced in 2019 made him even more impressed by Hong Kong’s development opportunities backed by the mainland and facing the world. "This opportunity is absolutely unique."

　　In the eyes of Zheng Xiangling, Chairman of the Association of Provincial CPPCC Members in Hong Kong, opportunities come not only from Guangdong-Hong Kong-Macao Greater Bay Area, but also from a series of national development plans such as the Belt and Road Initiative and the Tenth Five-Year Plan. Together with her colleagues in the Hong Kong business community, Zheng Xiangling initiated the establishment of the Hong Kong "Belt and Road" General Chamber of Commerce in 2018 and served as the president of the board of directors.

　　Zheng Xiangling personally experienced the glorious moment of Hong Kong’s return and the profound changes in the past 25 years. She believes that the "Belt and Road" construction is consistent with the long-term strategic goal of Hong Kong’s economic development, which is conducive to accelerating Hong Kong’s development into a value chain management hub in Asia and even the world, and boosting Hong Kong’s economy to achieve new transformation.

　　Innovation cooperation between Hong Kong and the Mainland is in the ascendant. Wang Yang, vice president of the Hong Kong University of Science and Technology, is a few treasures: "Hong Kong and the Mainland have established a number of scientific research cooperation platforms. Only HKUST has four research bases in the Mainland, and there are countless cooperation projects such as scientific research cooperation with the Mainland, teacher-student exchanges and the transformation of research results."

　　Guangdong-Hong Kong-Macao Greater Bay Area’s integration has been accelerated, and the "hard connectivity" between Hong Kong and the mainland, such as road network and customs clearance, has been opened to all nodes, and the "one-hour living circle" between Hong Kong and mainland cities in Greater Bay Area has taken shape. The "soft connectivity" between rules and mechanisms has been deepened, and the service trade between the mainland and Hong Kong and Macao has basically been liberalized.

　　　Open a new situation of good governance and good governance

　　"Political chaos has opened up a new situation of good governance and good governance in Hong Kong." Liu Zhaojia, vice president of the National Hong Kong and Macao Research Association, commented.

　　In June 2019, there was a "storm of amending laws" in Hong Kong, and the practice of "one country, two systems" in Hong Kong encountered unprecedented challenges. Judging the situation, the central authorities decisively adopted a series of measures to address both the symptoms and the root causes, such as enacting Hong Kong’s national security law and revising and improving Hong Kong’s electoral system, to stop violence and control chaos, to promote the situation in Hong Kong from chaos to governance, and to return Hong Kong’s development to the right track, with a series of gratifying changes.

On September 21, 2021, a street publicity campaign was held on the streets of Hong Kong to "implement patriots to govern Hong Kong and promote good governance". Xinhua News Agency reporter Li Gangshe

　　In the recent election of the sixth Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao was elected with a high vote. This election is another successful practice of the new electoral system in Hong Kong after the election of the Election Committee in September last year and the election of the seventh Legislative Council in December last year, marking the full implementation of the new electoral system in Hong Kong. This significant progress, together with the in-depth implementation of Hong Kong’s national security law and the continuous promotion of bringing order out of chaos in key areas, has consolidated the good situation of Hong Kong from chaos to governance, promoted the unity and harmony of Hong Kong society and improved the business environment in Hong Kong.

　　"This is what everyone expects." Liu Zhaojia spoke highly of the political situation in Hong Kong after bringing order out of chaos, and believed that the patriotic and loving forces in Hong Kong were unprecedentedly united, and all sectors of society focused on the future development direction and deep-seated problems of Hong Kong.

　　A number of data show that international finance centre’s position has been effectively maintained and consolidated after the implementation of the Hong Kong National Security Law. Chen Maobo, Financial Secretary of the SAR Government, recently introduced that since the implementation of the Hong Kong National Security Law, the amount of new shares raised in Hong Kong has exceeded HK$ 650 billion, an increase of more than 30% compared with the same period before the implementation; The average daily turnover of Hong Kong stocks exceeds HK$ 150 billion, which is nearly 60% higher than that in the 12 months before implementation. The total value of assets and wealth management business in Hong Kong reached HK$ 34.9 trillion by the end of 2020, an increase of 20% compared with that before implementation.

Hong Kong primary school student Zeng Xiangke brought his painting "Salute — — Celebrating the 25th anniversary of Hong Kong’s return, accompanied by my parents, I took a photo at Golden Bauhinia Square to welcome the 25th anniversary of Hong Kong’s return. Xinhua News Agency reporter Wu Xiaochu photo

　　　A new starting point means a new challenge

　　The next five years will be a crucial period for Hong Kong to move from chaos to governance to governance and prosperity.

　　To prosper, we need to break through the traditional pattern and open a breakthrough in solving the difficulties and deep-seated contradictions in people’s livelihood such as housing and land, the gap between the rich and the poor, and youth development.

　　In a 28-square-meter public housing in Aberdeen (low-rent housing in Hong Kong), Ms. Li, who works hard for five people, is eager to move to a bigger house.

　　Twenty-five years after the reunification, there are still more than 200,000 people living in Hong Kong. Room, the per capita living area is less than 6 square meters. It takes six years for low-income residents to wait for public housing, and the housing difficulties they have faced since the first year of reunification have not been significantly improved.

　　"Hong Kong people hope that ‘ One country, two systems ’ Going far and steadily, on the other hand, I hope to get more happiness, security and acquisition. These are not enough by relying on the original philosophy and means of governance. " Wang Yuxian, Principal Vice-Chancellor of the University of Hong Kong, said that Hong Kong’s development model is deficient. We should gradually guide it to develop in a healthier, fairer, more efficient and more sustainable direction.

　　To prosper, we need to face up to the stormy waves of the external environment, especially to prevent external forces from using Hong Kong to suppress the development of China.

　　Hong Kong’s financial security also involves national security. At a Hong Kong National Security Law Forum held not long ago, participants pointed out that Hong Kong, as a fully open international financial center, must step up efforts to promote the diversified and sustainable development of Hong Kong’s financial system.

　　Xing, but also need to mobilize the whole society to seize the opportunity to innovate.

　　"The evolution of the situation in Hong Kong has a profound background of the times." Yan Xiaojun, director of the China Institution Research Center of the University of Hong Kong, believes that the practice of "one country, two systems" in Hong Kong needs to adhere to integrity, innovation and progress in stability in the new historical stage.

　　On May 6, Li Jiachao took a group photo with members of the campaign office. Xinhua News Agency reporter Lu Xiaoyu photo

　　Faced with many challenges, Lee Ka Chiu John, the sixth Chief Executive of the Hong Kong Special Administrative Region, said that he would firmly uphold the constitutional order established by the Constitution and the Basic Law, keep the core value of the rule of law, adhere to the bottom line thinking, resist threats and sabotage from inside and outside, safeguard the overall social stability of Hong Kong, and safeguard national sovereignty, security and development interests. Establish a more committed, team-oriented and problem-solving government with transformational thinking.

　　"Today’s world has changed greatly, but the brave win. Hong Kong can’t be slow and can’t afford it. " Lee Ka Chiu John made it clear that we must have the spirit of change, and the government, all sectors of society and citizens must unite to open a new chapter for Hong Kong!

　　[Aika motor　information　Car selection　map storage]

　　On November 2nd, Nightster equipped with Harley’s brand-new 975T water-cooled power was officially launched, with a price of 118,800 yuan. At the same time, a limited edition model of Low Rider El Diablo was launched, with a price of 325,800 yuan. As the first brand-new model, Nightster is not only equipped with a brand-new water-cooled Revolution Max 975T engine, but also higher in configuration than the previous entry-level models of Sportster series, with sliding clutch, traction control, riding mode and so on. Low Rider has just landed in China this year, and the limited edition of El Diablo launched this time is a modern expression of the iconic 1983 Harley-Davidson FXRT model, and its appearance is even more amazing.

　　Nightster：

　　The Nightster model has a delicate and powerful appearance, which continues the classic Sportster model style. The shape of the exposed rear shock absorber and air tank is reminiscent of the iconic Sportster fuel tank. The round air inlet cover, single seat, short fender and dashboard are reminiscent of various elements in recent Sporter models, and the shape of the side cover of the fuel tank hidden under the seat is similar to that of the oil compartment in the previous Sporter car series.

　　Nightster model provides a variety of driving modes for riders, which is convenient for riders to electronically control the performance of motorcycles and the level of technical intervention. Each driving mode contains a specific combination of power transmission, engine braking, ABS and TCS settings. In most scenes, the rider can change the active driving MODE by using the Mode button on the right controller while driving or when parking. When any mode is selected, a unique icon will appear on the instrument display.

　　Low Rider El Diablo：

　　Harley-Davidson has newly launched the Low Rider El Diablo model, which is a limited edition model of the Icons collection series, highlighting its iconic appearance. In order to pay tribute to the customization trend on the west coast of the United States, the Low Rider El Diablo model combines excellent performance with the versatility of sports travel, and adopts exquisite hand painting scheme and Rockford Fosgate sound system in the United States.

　　Low Rider El Diablo is a modern expression of the iconic 1983 Harley-Davidson FXRT model, and it also represents that creative era. Brad Richards, vice president of design and creative director of Harley-Davidson, said, "It embodies the spirit of counterculture in Southern California in the 1980s, featuring hand-made custom painting with ingenuity, blending pinstripe patterns echoing the original FXRT, and hand-drawn modern painting to pay tribute to the original FXRT.

　　Icons collection series

　　This extraordinary motorcycle series is inspired by many of Harley-Davidson’s most recognizable and popular models. Each model in this series will pay tribute to Harley-Davidson’s iconic colors, designs and components with the latest technology. This series is sold in limited quantities, and each model has a unique number and is only produced once. Every year, a new Icon collection model is launched, and only one or two models are released.

　　Editor’s comment:

　　It is obvious to all that Harley’s rejuvenation has changed in recent years. Sporters S and Pan America can be regarded as Harley’s breakthrough masterpieces in recent years. They not only make great efforts in electronic control, but also gain stronger power through more compact and efficient Revolution series water-cooled engines, which was not available in previous Harley-Davidson models. Now Nightster’s debut, while lowering the threshold, allows consumers to get a better driving experience, especially for young consumers who pursue speed passion, which is more lethal.

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Honda CB400 series official drop with the highest drop of 3000 yuan

A few days ago, the author learned from official website of the Ministry of Industry and Information Technology that the car officially declared the diesel version, which means that the car will be put on the market. So, what are the characteristics of this new car in terms of products?

The diesel version of Tank 300 is completely consistent with the gasoline version in appearance, which continues the classic hard-core style of Tank 300 series. This design not only satisfies consumers’ love for the appearance of tank 300, but also provides new choices for those consumers who need diesel power. Its square body lines, high ground clearance and large tires all show strong off-road ability and domineering appearance.

There is no logo of Great Wall Motor at the tail of the diesel version, which makes the vehicle look more concise to some extent. At the same time, the wheelbase of the car body is 2750mm, which is basically the same as that of the gasoline version, ensuring the spacious and comfortable interior space. The curb weight is 2340kg and 2375kg, respectively, and the rims of R17 and R18 are provided, which are 33/34 degrees corresponding to approach angle and 33/30 degrees respectively. These parameters show that the diesel version tank 300 has excellent performance in off-road performance.

The new car will be powered by a 2.4T diesel engine with a maximum power of 137kW. Diesel engine has the characteristics of large torque and good fuel economy, which is very suitable for off-road and long-distance driving. The maximum power of 137kW is competitive in the same class of diesel engines, which can provide sufficient power output for vehicles.

The total mass of the semi-trailer of Tank 300 diesel version is 750kg (without braking) and 2500kg (with braking) respectively. This parameter shows that the vehicle has strong towing capacity and can meet the needs of consumers when traveling cross-country or transporting goods.

With the increasing number of off-road enthusiasts in China, the demand for hard-core off-road vehicles is also growing. The launch of the diesel version of Tank 300 will provide consumers with more choices. The addition of diesel power not only satisfies those consumers who have higher requirements for off-road performance, but also provides a new choice for those consumers who pay attention to fuel economy.

For more information about the new car, we will continue to pay attention to the report. Consumers’ expectations for the diesel version of Tank 300 mainly focus on the price, configuration and actual off-road performance. It is hoped that the diesel version of Tank 300 can provide more abundant configurations and reasonable prices while maintaining the hard-core off-road style to meet the needs of different consumers.

The appearance of the tank 300 diesel version has injected new vitality into the hard-core off-road vehicle market. Its powerful power, excellent off-road performance and classic design will attract the attention of many off-road enthusiasts. However, in the highly competitive automobile market, the diesel version of Tank 300 is also facing challenges from other brands. I hope to continuously improve the competitiveness of products and bring more excellent hard-core off-road vehicles to consumers.

[car home Fuzhou Preferential Promotion Channel] Recently, a wave of price reduction promotion activities was launched in Fuzhou market, with the highest preferential amount reaching 45,000 yuan, which reduced the minimum starting price of this luxury medium-sized car to 204,900 yuan, bringing unprecedented car purchase concessions to consumers. If you want to know more about the discount, please click "Check the car price" in the quotation form to get a higher discount.

The front face design of FAW-Volkswagen CC adopts a family-style design language, and the air intake grille is decorated with large areas of chrome. The overall style is very atmospheric and dynamic, which perfectly combines the elements of elegance and movement.

FAW-Volkswagen CC has slender and smooth body lines, with a vehicle size of 4865*1870*1459 mm and a wheelbase of 2841 mm, which provides spacious and comfortable seating space for passengers in the car. The front and rear wheel tracks are 1586 mm and 1572 mm respectively, which ensures the stability and handling of the vehicle. With 18-inch aluminum alloy wheels, tyre size with 245/45 R18 is adopted, which not only enhances the sense of movement of the vehicle, but also enhances the grip and driving experience.

The interior style of FAW-Volkswagen CC is dominated by luxury and technology, and the entire cockpit is made of a large number of high-quality materials, so that drivers can feel luxury while enjoying comfort. The steering wheel is made of leather, which feels excellent. At the same time, it supports manual adjustment up and down and back and forth, which can meet the individual needs of different drivers. The central control screen is equipped with a 9.2-inch touch screen, which can realize voice recognition control of multimedia system, navigation, telephone and air conditioner, and bring convenient operation experience to drivers. The seat material is a mix of leather and Alcantara, which not only retains the luxury of leather, but also increases the sense of movement of Alcantara. The main and auxiliary seats all support front and rear adjustment, backrest adjustment, height adjustment and lumbar support adjustment, which fully meet the needs of drivers of different sizes. The front seats are also equipped with heating function to keep drivers warm in cold weather. The rear seats are designed in proportion, which can flexibly adjust the space layout according to the needs.

FAW-Volkswagen CC is equipped with a 2.0T L4 engine, which can output the maximum power of 186 HP and provide the maximum torque of 320 Nm when the engine speed reaches 1,500-4,400 rpm. Equipped with a 7-speed wet dual-clutch gearbox, it can quickly respond to the driver’s needs and provide stable power transmission.

He spoke highly of the driving experience of FAW-Volkswagen CC. He praised the powerful horsepower of the 2.0T engine and the proper training of the gearbox. CC can flexibly cope with both urban roads and overtaking acceleration. A variety of driving modes can be switched freely, and the front and rear independent suspensions bring a comfortable riding experience, while the solid materials of the chassis make the body follow-up better. On the whole, FAW-Volkswagen CC is undoubtedly a car with excellent driving experience.

　　In the report of the 19th National Congress of the Communist Party of China, the Supreme Leader clearly pointed out: "Socialism with Chinese characteristics is the theme of all theories and practices of the Party since the reform and opening up." "The whole Party should enhance its road confidence, theoretical self-confidence, institutional self-confidence and cultural self-confidence more consciously, and never take the old road of being closed and rigid, nor take the evil road of changing its flag, maintain its political strength, persist in prospering the country through hard work, and always adhere to and develop Socialism with Chinese characteristics." These important expositions are concise and in fact contain five concepts: Socialism with Chinese characteristics, Socialism with Chinese characteristics Road, Socialism with Chinese characteristics Theory System, Socialism with Chinese characteristics System and Socialism with Chinese characteristics Culture. A correct understanding of the scientific connotations of these five concepts is of great significance for us to thoroughly study and implement the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era and win the great victory of Socialism with Chinese characteristics in the new era.

　　Socialism with Chinese characteristics is a great banner that our party has always held high.

　　As early as November 1920, Comrade Mao Zedong vividly pointed out: "Doctrine is like a flag. When the flag is erected, everyone has hope and knows where to go." Socialism with Chinese characteristics is such a flag as Comrade Mao Zedong said. In the report of the 19th National Congress of the Communist Party of China, the Supreme Leader pointed out that the theme of the congress is: Do not forget your initiative mind, keep in mind the mission, hold high the great banner of Socialism with Chinese characteristics, win the decisive battle to build a well-off society in an all-round way, win the great victory of Socialism with Chinese characteristics in the new era, and make unremitting efforts to realize the Chinese dream of the great rejuvenation of the Chinese nation. The emphasis on "holding high the great banner of Socialism with Chinese characteristics" in the theme of the conference shows that Socialism with Chinese characteristics is a great banner that our party has always held high.

　　Socialism with Chinese characteristics is mainly composed of the following parts: First, the guiding ideology of our party, namely, Marxism–Leninism, Mao Zedong Thought, Deng Xiaoping Theory, Theory of Three Represents, Scientific Outlook on Development, and Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era; The second is Socialism with Chinese characteristics Road; Third, Socialism with Chinese characteristics’s theoretical system; The fourth is the Socialism with Chinese characteristics system; Fifth, Socialism with Chinese characteristics culture. What needs to be emphasized here is that the guiding ideology of our Party and Socialism with Chinese characteristics’s theoretical system are different concepts with both connections and differences. Our party’s guiding ideology includes Marxism–Leninism and Mao Zedong Thought, while Socialism with Chinese characteristics’s theoretical system does not include Marxism–Leninism and Mao Zedong Thought, but it is in the same strain with Marxism–Leninism and Mao Zedong Thought and insists on development.

　　Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has scientifically grasped the development trend of today’s world and contemporary China, complied with practical requirements and people’s wishes, made great achievements in all aspects, and promoted historic changes in the cause of the party and the state. The achievements in the past five years are all-round and groundbreaking, and the changes in the past five years are deep-seated and fundamental. This fully shows that it is completely correct for our Party to hold high the great banner of Socialism with Chinese characteristics and uphold and develop Socialism with Chinese characteristics. Our firm belief in the "four self-confidences" is essentially our firm confidence in Socialism with Chinese characteristics.

　　Socialism with Chinese characteristics Road is the only way to realize socialist modernization and create a better life for the people.

　　Socialism with Chinese characteristics’s road is not only reflected in adhering to economic construction as the center, but also in comprehensively promoting economic construction, political construction, cultural construction, social construction, ecological civilization construction and other aspects. It is the only way to realize socialist modernization and create a better life for the people. It should be pointed out that in a society, economy is the foundation, which is not only the foundation of political superstructure, but also the foundation of cultural superstructure. This determines that adhering to the road of Socialism with Chinese characteristics means adhering to the road of economic development in Socialism with Chinese characteristics. Of course, the road of economic development is first embodied in the political superstructure and a certain economic system, which can be called as it should be; However, the actual situation of this economic system in the economic field belongs to the category of economic foundation, which can be called reality. The road of Socialism with Chinese characteristics’s economic development is reflected in the implementation of the "should be" economic system in the real economic field, mainly in the actual situation of ownership and distribution relations and interpersonal relations. In the primary stage of socialism, to adhere to the Socialism with Chinese characteristics road, we must adhere to the principle of public ownership as the main body and the common development of various forms of ownership, actively and steadily solve the problem of excessive gap between wealth possession and income distribution, and constantly move towards common prosperity. Only by unswervingly adhering to the basic economic system in the primary stage of socialism can we fundamentally reflect the socialist nature of our country and the fundamental interests of the overwhelming majority of the people, and our party, country and nation will have a bright future.

　　At present, people often mention the "China Road". Broadly speaking, the "China Road" can include China’s revolution, construction and reform and opening up; In a narrow sense, "China Road" refers to Socialism with Chinese characteristics Road. At present, the international community is paying more and more attention to the road of China, and its recognition is getting higher and higher. The "China model" and "China road" are being hotly debated at home and abroad. The formulation of "China Model" gives people a sense of solidification when it is completed and no longer develops. In fact, China’s current development mode is changing, and it cannot be said that it has become a solidified development model. Second, it is suspected of promotion or even expansion. Therefore, it is not appropriate to simply use the "China model" to summarize the Socialism with Chinese characteristics road, but to use the "China road".

　　Socialism with Chinese characteristics’s theoretical system is the correct theory to guide the party and the people to realize the great rejuvenation of the Chinese nation.

　　Socialism with Chinese characteristics’s theoretical system is a scientific theoretical system including Deng Xiaoping Theory, Theory of Three Represents, Scientific Outlook on Development and the Supreme Leader’s New Era Socialism with Chinese characteristics Thought. This theoretical system was gradually formed and developed by our Party by combining the universal truth of Marxism–Leninism and Mao Zedong Thought with the new reality and new characteristics of the times in China’s reform and opening up. Just as Leninism and Mao Zedong Thought developed Marxism in many important aspects, so they were singled out from Marxism, so Socialism with Chinese characteristics’s theoretical system also developed Marxism–Leninism and Mao Zedong Thought in many important aspects, so they were singled out.

　　It should also be pointed out that there is a close relationship between Mao Zedong Thought and Socialism with Chinese characteristics’s theoretical system. Comrade Deng Xiaoping once said, "After the Third Plenary Session, we just restored the correct things of Comrade Mao Zedong, that is, accurately and completely studied and applied Mao Zedong Thought. The basic points are still those. In many ways, we still do what Comrade Mao Zedong has put forward but hasn’t done, correct what he opposed wrong, and do what he hasn’t done well. We will still do this for a long time to come. Of course, we have also developed and will continue to develop. " This illustrates the relationship between Socialism with Chinese characteristics’s theoretical system and Mao Zedong Thought, which is in the same strain and keeps pace with the times.

　　Comrade Supreme Leader pointed out in the report of the 19th National Congress of the Communist Party of China: "After long-term efforts, Socialism with Chinese characteristics has entered a new era, which is a new historical orientation for China’s development." The Supreme Leader’s Socialism with Chinese characteristics Thought in the new era is the latest achievement in adapting to this new era, the inheritance and development of Marxism–Leninism, Mao Zedong Thought, Deng Xiaoping Theory, Theory of Three Represents and Scientific Outlook on Development, the crystallization of the practical experience and collective wisdom of the Party and the people, an important part of Socialism with Chinese characteristics’s theoretical system, and an action guide for the whole party and people to realize the great rejuvenation of the Chinese nation. We must persist in it for a long time and continue to develop it.

　　Socialism with Chinese characteristics system is the fundamental institutional guarantee for the development and progress of contemporary China.

　　Socialism with Chinese characteristics system is a brand-new social system that was established and formed after the founding of New China and gradually enriched and improved during the reform and opening up period. It is the fundamental institutional guarantee for the development and progress of contemporary China, which embodies the nature, characteristics and advantages of Socialism with Chinese characteristics. It is a set of interconnected and interrelated institutional systems formed in various fields such as economy, politics, culture, society and ecological civilization in the process of promoting the self-improvement and development of the socialist system. The Socialism with Chinese characteristics system insists on organically combining the basic political system, the basic political system with the basic economic system, various institutional mechanisms and other specific systems, and on organically unifying the party’s leadership, the people being the masters of the country and governing the country according to law, thus providing an effective institutional guarantee for the cause development of Socialism with Chinese characteristics.

　　The Socialism with Chinese characteristics system embodies the organic unity of our country’s state system and political system. The socialist system is the fundamental system of our country. Under this fundamental system, there are the people’s congress system, the multi-party cooperation and political consultation system led by the Communist Party of China (CPC), the regional ethnic autonomy system and the grassroots mass autonomy system. There is a basic economic system in the primary stage of socialism in China with public ownership as the main body and multiple ownership economies developing together, and a distribution system with distribution according to work as the main body and multiple modes of distribution coexisting; Socialist legal system with Chinese characteristics; There are corresponding economic system, political system, cultural system, social system, ecological civilization system and other specific systems.

　　To strengthen institutional confidence, we must adhere to the leadership of the Communist Party of China (CPC). Comrade Supreme Leader pointed out in the report of the 19th National Congress of the Communist Party of China: "The most essential feature of Socialism with Chinese characteristics is the Communist Party of China (CPC)’s leadership, the greatest advantage of the Socialism with Chinese characteristics system is the Communist Party of China (CPC)’s leadership, and the Party is the highest political leadership". In the process of upholding and developing Socialism with Chinese characteristics, why do we repeatedly emphasize upholding the Communist Party of China (CPC)’s leadership? First, upholding the party’s leadership is the necessity of China’s historical development and the choice of the people; Second, adhere to the party’s leadership from the party’s purpose is to serve the people wholeheartedly; Third, our Party is the strong leading core of Socialism with Chinese characteristics’s cause, and it is in the position of commanding the overall situation and coordinating all parties. At present, there is a view that the success of the revolution requires the leadership of the party. In the period of construction, especially in the period of reform, as long as there is a sound political system and the rule of law is adhered to, the people can be the masters of the country. This is a great misunderstanding. The history of socialist development in the world proves that upholding the leadership of the Party is not only the primary condition and universal law for seizing and mastering state power, but also the primary condition and universal law for socialist construction and reform.

　　Socialism with Chinese characteristics culture is a powerful spiritual force that inspires the whole party and people of all nationalities to forge ahead courageously.

　　Culture is the soul of a country and a nation. Socialism with Chinese characteristics culture can be said to be mainly composed of the following parts: first, the theoretical system of Marxism–Leninism, Mao Zedong Thought and Socialism with Chinese characteristics; Second, the revolutionary culture and advanced socialist culture created by the party leading the people in revolution, construction and reform; Third, the excellent Chinese traditional culture nurtured by the Chinese nation’s 5,000-year history of civilization; The fourth is the excellent traditional culture of all countries and nationalities in the world that China has actively borrowed from. These parts are not juxtaposed. The theoretical system of Marxism–Leninism, Mao Zedong Thought and Socialism with Chinese characteristics is the soul of Socialism with Chinese characteristics culture, the revolutionary culture and advanced socialist culture created by the Party leading the people are the main contents of Socialism with Chinese characteristics culture, the excellent traditional Chinese culture is the rich fertile soil of Socialism with Chinese characteristics culture, and the excellent traditional cultures of all countries and nationalities in the world actively borrowed from it are the beneficial nourishment of Socialism with Chinese characteristics culture. Cultural self-confidence is more basic, broader and deeper self-confidence. We must persist in taking Marxism as the guidance, carry forward the socialist core values, carry forward the national spirit with patriotism as the core and the spirit of the times with reform and innovation as the core, and constantly enhance the spiritual strength of the whole party and the people of all ethnic groups throughout the country.

　　The above five aspects are closely linked, interdependent and inseparable. Socialism with Chinese characteristics, as a great banner held high by our Party, is in charge, which stipulates the fundamental nature and direction of road, theory, system and culture. Road is the way to achieve, theoretical system is the guide to action, system is the fundamental guarantee, and culture is the profound foundation, which are unified in the great cause of Socialism with Chinese characteristics.

　　(The author is Li Shenming, deputy director of the Internal Affairs Judicial Committee of the National People’s Congress and consultant of the New Era Socialism with Chinese characteristics Thought Research Center, the supreme leader of the China Academy of Social Sciences)

　　Reading tips

　　Pedestrian street branches are covered with poetry lighting, sidewalks are painted with three-dimensional poems, poetry tags are hung above supermarket shelves, and subway tab cards are printed with ancient poems … … Xi’ an is setting off a "poetry fever" in an all-round way.

　　Above the perch shelf, there is a poem tag "People come and go on the river, but they love the beauty of perch", above the pear, "Pears and dates are ripe in August before the court, and trees can return a thousand times a day", above the whole grains, there is a hanging tag "When the chicken crows and porridge are ripe, I will drag my head to your house", and above the shepherd’s purse, there is a hanging tag "Peaches and plums in the city are worried about the wind and rain, and the shepherd’s purse flowers in the creek in spring" & … Recently, a large supermarket in Xi ‘an, Shaanxi Province, attracted many people to take photos and punch cards because of its poetry creativity, and some Hanfu fans played poetry games with customers on the spot.

　　"When I walked in, the beauty of an ancient poem and words came to my mind. I felt that I was not only shopping, but also experiencing a poetic feeling, just like a line from the recently hit domestic anime" Changan Three Wan Li ":‘ As long as there are poems and books, Chang ‘an is there ’ 。” Li Miao, a citizen of Xi ‘an, said.

　　Poem Chang ‘an: Step by step, the lights are dim.

　　Xi ‘an, called Chang ‘an in ancient times, is the ancient capital of the 13th Dynasty. On August 13th, Zhejiang tourist Chen Zhenchu came here with two daughters. From "Qingpingdiao", "If it weren’t for the first sight of the Jade Mountain, I would meet Yaotai under the moon", to "Song of Eternal Sorrow", in the Palace of Eternal Life, Chen Zhenchu’s two daughters burst into tears when they looked at the 3D hologram.

　　For the "poetry fever" in the ancient capital Xi ‘an, Chen Zhenchu’s memory began before the Spring Festival in 2023. The pedestrian street on both sides of the North Square of the Big Wild Goose Pagoda in Xi ‘an is very lively, with ancient poems hanging down from the branches. Tourists have shouted: "From ancient poetry to heaven, not for you and me."

　　Among the crowds in the "Ancient Poetry Street" in Xi ‘an, Wang Zhi, a tourist from Nanjing, couldn’t help but sigh: "Thousands of years ago, hundreds of poets left countless romantic poems in Chang ‘an; Thousands of years later, someone turned them into a city ‘ Fire tree silver flower ’ , depicting and carving with poetry ‘ With deep affection ’ Four words. "

　　"The idea takes trees as the bone, poetry as the soul, and classic poems with beautiful lighting effects make tourists ‘ Step by step ’ There is a feeling of walking in poetry. When you look up, you will see the ancient rhyme of the Millennium and interpret Chinese romance to the fullest. " Poetry lover, Zhao Shuangying, director and associate professor of communication department of Northwest University, commented.

　　A spring breeze of "poetry fever" once again blew through Xi ‘an, a famous historical and cultural city, and Xi ‘an also told everyone with actions that "our romance never stops here".

　　One day in May, when Zhu Mingmei, who had just worked for one year, stepped into Xi ‘an Metro Line 4 and pulled the pull ring on the overhead rail with her hand, she was surprised to find that the square card between the pull ring and the rail was printed with the poem from Wang Bo’s Lingaotai: "The East is optimistic, and the west refers to Weiyang Palace." Other such positions are also full of poems. When walking to the walkway at the entrance of Qingnian Road Primary School in Lianhu District, poems such as "Farewell to the teenager, full of bows, not afraid of the years and the wind", "The teenager should be on the rise, and the moon will shine day by day" and "When he is a teenager, he will live up to his youth and know" came into view.

　　There are also some poetry lovers singing poems on buses and subways, which attracted everyone to recite collectively. "Ancient poetry is true in Xi’ an ‘ Fierce ’ It can be seen everywhere and from time to time. It turns out that there is a poem Changan hidden behind this ancient city. " Zhu Mingmei said.

　　Poetic Chang ‘an: a poem at a glance, blending scenes.

　　She Yifan is a fourth-grade Chinese teacher at Dongyuan Road School in Xi ‘an. He graduated from Shaanxi Normal University majoring in Chinese language and literature. He loves ancient poetry, and his poetry class has a characteristic — — Poetry blends with real life, which is also very popular among students.

　　"with twilight shadows in my heart, I have driven up among the Leyou Tombs. The sunset is infinitely good, buried by the coming night. " When it comes to Li Shangyin’s the leyou tombs, he will ask parents and children to go to Leyouyuan Scenic Resort as far as possible on weekends to experience it on the spot and understand the content, feelings and artistic conception of the poem at the scene where the ancients wrote it. "Where is the home of the Qinling Mountains, the snow holds the blue horse back" is on the ancient plank road in Lantian County, which is suitable for winter, and "mermen weep their pearly tears down a moon-green sea and blue fields are breathing their jade to the sun" is also in Lantian; "not knowing the way to the Temple of Heaped Fragrance, under miles of mountain-cloud I have wandered" is at the foot of Qinling Mountains; "on the seventh day of the Seventh-month, in the Palace of Long Life, we told each other secretly in the quiet midnight world" is located in Huaqingchi Scenic Area in Lintong District … …

　　With the "poetry fever" escalating in Xi ‘an, she Yifan also passed more and more poems and artistic conception to students by using after-school service time. And his training method has also achieved results. Children fall in love with ancient poems and can tell the history and culture of many places related to ancient poems.

　　"Teacher, I like Gao Shi’s poem best ‘ Like a bird, six or his wings shake, self – pity, leaving Beijing for more than ten years. Mochow has no bosom friend before her, and everyone in the world knows you ’ . In the summer vacation, I must go to the border with my father and mother to feel this poem. " On the evening of August 15th, She Yifan received a WeChat voice from the student Youyou (a pseudonym) after watching Three Wan Li in Chang ‘an. He was very pleased. Youyou had been to the Big Wild Goose Pagoda, the city wall, Daming Palace Ruins Park, Epang Palace Ruins and Qujiang Pool before, and felt the beauty of poetry in various places.

　　Poetic Chang ‘an: One Scene, One Poem, Upgrade of Literary Travel

　　"It is no exaggeration to say that our store is 3,000 square meters and can accommodate nearly 300 people. It opens at 11 am and is full in 5 minutes. You must make an appointment two weeks in advance to book a private room." On August 16th, Gao Peng, the manager of Chang ‘an big-name stall (Shengjing Store in Xi ‘an), told the reporter excitedly.

　　As a local specialty restaurant in Xi ‘an, this brand restaurant is mainly decorated with the prosperous culture of the Tang Dynasty. Xi ‘an Shengjing Store is located at the starting point of the ancient Silk Road — — In the western market of Datang, with the increasing popularity of "poetry fever" in Xi ‘an, ancient poems are printed on the front desk, the food bars and the roof of the store, forming a poetic environment, and they are integrated into daily scene interpretation.

　　"Have you seen how the Yellow River’s waters move out of heaven, entering the ocean, never to return … … Cook a sheep, kill a cow, whet the appetite, and make me, of three hundred bowls, one long drink!. Cenfuzi, Dan Qiusheng, will enter the wine, and the cup will not stop … …” At 11: 40 in the morning, the performance started on time. Customers in the store put down their bowls and chopsticks and gathered around the stage to take pictures as a souvenir. At the climax of the performance, drums were loud and the store turned into a large-scale poetry-reciting scene, and applause and applause continued everywhere.

　　"We combine poetry with decoration, decoration and dance drama performance, which not only promotes traditional culture, but also adds some modern content. It is an attempt to deeply integrate culture and tourism, so that tourists can feel the prosperity of Datang and the cultural atmosphere of Shaanxi in catering." Gao Peng said.

　　In Xi ‘an, the integration of literature and tourism driven by "poetry fever" has been escalating. "Twelve Hours in Chang ‘an" creates an immersive tour of tang style’s ancient poems, 12 scenic spots in Chang ‘an, 12 representative figures in the Tang Dynasty and 12 time-related Tang poems, which are deeply loved by tourists. "Dress in Hanfu, make up in Tang Dynasty, visit the ancient capital and appreciate poetry". In various historical and cultural attractions in Xi ‘an, "enthusiasm for poetry" is on the rise. Some poetry lovers take to the streets and invite tourists wearing Hanfu to appreciate poetry with them and experience the charm and fun of poetry … …

　　"Now, with ‘ Looking for ancient charm ’ As the direction, the integration of literature and travel with poetry as the medium is showing great vitality. Through some good ideas and practices, poets and lyricists ‘ Out of the study ’ It is becoming a new fashion to approach today’s young people. In the future, in the ancient capital of Xi ‘an, the charm of poetry will be further highlighted, so that more fans will be willing to ‘ Go to the world for a surprise banquet and see the prosperous Yan of Chang ‘an ’ 。” Zhao Shuangying said.

The chapter selection strategy of the full achievement level of double-player trip is a strategy that players are looking forward to recently. The game of double-player trip has 20 achievements, including 14 conditional achievements. So in which chapters do these 14 conditional achievements need to be completed? Let’s take a look at the selection strategy of the double-line full achievement level chapter.

Two-person trip full achievement level chapter selection strategy

Some achievements in the double trip can only be completed by players playing mini-games. Let’s introduce all the level selection points of conditional achievements to facilitate players to achieve all the achievements quickly.

The front is the name of the achievement, followed by the selection point.

Plastic Friendship: Capturing Prisoners

Concave shape: deep-rooted

Bankrupt Prison Break: Tank Brothers

Distant frequency, flying Cody: laser tennis

Courageous devil: hopscotch

Lose everything: hit the team

Greedy dragon: dinosaur paradise

Railway trip, artistic cell: a long time ago

Triangle power, platform game wizard: horse racing

Lost and found: snowball fight

Mood swings: shuffleboard

There are fish every year, and the seven seas are frightened: ice racing.

Mini vacation: master gardener

Meditation Master: Volleyball

The above is all the contents of the selection strategy for the full achievement level chapter of the double-person trip. For more strategies, please pay attention to the 18183 double-person trip area.

Deep blue S7, the second product of Deep Blue Auto, has finally been officially launched. Because of the good reputation foundation laid by the first model, Deep Blue SL03, many friends have great expectations for Deep Blue S7, which has attracted many riders’ attention in terms of product, design and even price. And we see that the price of Deep Blue S7 has not failed everyone, and the starting price of 149,900 yuan is quite attractive for a new energy medium-sized SUV. Let’s take a look at the performance of this model today. Which configuration is worth choosing.

Let’s take a look at the price first. Deep Blue S7 has launched two power versions, the extended-range version and the pure electric version. The price of the extended-range version ranges from 14.99-169,900, of which there are two versions with 121km battery life and one with 200km battery life. There are two models of the pure electric version, and the price is 189,900 yuan and 202,900 yuan respectively. From the price point of view, Deep Blue S7 does not leave much room for manoeuvre for itself, and it is still competitive compared with other domestic competitors at the same level.

Needless to say, the fully enclosed front design preferred by new energy vehicles is adopted, but the intelligent interactive light language kit composed of 696 LED light sources is still very distinctive, which increases the playability of the vehicle.

In terms of body size, the body circumference of Deep Blue S7 is 4750/1930/1625mm, and the wheelbase is 2900mm, which is in line with Tesla’s Model Y..

In terms of body color, Deep Blue S7 offers six body colors to choose from, such as orange, yellow and white, which are popular among young people.

The design of the interior is relatively simple. A steering wheel and a big screen are many people’s first impressions of the dark blue S7 interior. Recently, the two-type steering wheel has been adopted by more and more major car companies. In the past, Sega’s two-type steering wheel was spurned by many people, and now it has become a popular trend. In terms of interior color matching, Deep Blue S7 provides orange and black interior color matching.

The 15.6-inch central control panel supports the rotation function of 15 degrees left and right, and is matched with Qualcomm Snapdragon 8155 chip, which has good response speed and rich functions.

In the power part, let’s take a look at the configuration of the extended-range version. The extended-range version uses a 1.5L naturally aspirated engine as the range extender and a single motor with permanent magnet synchronous rear position. The maximum power of the motor is 175kW and the maximum torque is 320 N m. The transmission system is an electric vehicle single-speed gearbox. The battery part is lithium iron phosphate battery, version 121 is 18.99kWh, and version 200 is 31.73kWh, and it supports fast charging.

The pure electric version adopts a permanent magnet synchronous rear single motor. The maximum power of the motor is 190kW for the 520 version and 160kW for the 620 version, and the maximum torque is 320 N m. The battery is a ternary lithium battery with energy of 66.8kWh and 79.97kWh respectively.

Let’s take a look at the configuration of Deep Blue S7. In fact, the configuration of this model is very simple. Except for the PRO version of the entry model, the configuration of the other four Max models is almost identical.

Pro models provide 19-inch tires and airbags with the same number and high allocation, all of which provide front side airbags and front and rear head air curtains. Such as tire pressure display, driving mode switching, automatic parking, reversing radar, 360, cruise control, frameless doors, keyless system, LED headlights, panoramic sunroof, 15.6-inch central control panel, leather seat and steering wheel, automatic air conditioning and rear seat air outlet are all standard, and this configuration is actually enough for daily travel.

The Max version adds L2-class active driver assistance system, and provides full-speed adaptive cruise, reversing side warning, active braking and other safety configurations, as well as electric memory trunk, hidden door handle, memory of exterior rearview mirror, automatic anti-glare rearview mirror, wireless charging of front mobile phone, heating and ventilation of front seat, electric memory of driver’s seat and 14-speaker stereo, etc. Compared with the extended version, 10,000 yuan can be exchanged for so many configurations, and the cost performance is still very high.

As for how to choose the four power versions of Max, it depends on the different needs of each rider.

　　On September 7th, Guangdong-Hong Kong-Macao Greater Bay Area workers celebrated the 70th anniversary of the founding of People’s Republic of China (PRC) and the 20th anniversary of the establishment of the Macao Special Administrative Region. The performance was jointly sponsored by Guangdong Federation of Trade Unions, Hong Kong Federation of Trade Unions and Macau Federation of Trade Unions. The picture shows the audience waving a five-star red flag and singing My People，My Country. China News Service reporter Chen Yushe

　　When Chen Zhuoxi, the principal of Hong Kong Professional Continuing Education School, was young, there were not many opportunities to see the five-star red flag. As a primary school student, he made a small five-star red flag with a small wooden stick and raised it at home in Hong Kong. "I was born in a family that loves China and Hong Kong, and I was greatly influenced by my parents." Chen Zhuoxi told reporters.

　　My parents left a commemorative medallion for the founding of New China, which Chen Zhuoxi keeps to this day. "At that time, my parents were still young people. They bought this medal specially, so I can imagine the happy mood at that time." Since Hong Kong returned to the motherland in 1997, the five-star red flag has been flying in the wind on Hong Kong Island.

　　In 1999, Cui Shiping, chairman of the Macao Chinese Cultural Exchange Association, who was studying in Tsinghua University, took the urban planning and development of Macao as the topic of his doctoral thesis, and the relevant suggestions were adopted by the Macao SAR government. "Before the reunification, Macao’s economic development and public security situation were not ideal. After the reunification, Macao residents participated in the construction with the attitude of being masters and devoted themselves to development. " He told reporters.

　　The 70 years of New China are 70 years of rapid development, and 70 years of joint efforts by compatriots from Hong Kong and Macao and the motherland.

　　Feel the great changes personally

　　Chen Zhuoxi’s hometown is in Nanhai, Guangdong Province. When he was young, he went to the mainland for an exchange visit. Sitting on the train from Shenzhen to Guangzhou, he saw picturesque mountains and rivers outside the window, and the construction of the motherland advanced by leaps and bounds more than a few years ago. The car broadcast is playing "Singing the Motherland", and the bright melody falls on Chen Zhuoxi’s heart. "There is a very kind feeling of going home."

　　"Hong Kong people have counted up to three generations, and many of them have come from the mainland." Chen Yong, vice chairman of the Hong Kong Democratic Alliance for Betterment of Hong Kong (DAB), told the reporter that his father was a returned overseas Chinese, his mother was a native of Henan Province, and he was born in the Mainland. When growing up, Chen Yong, who went back to the mainland to visit relatives with his family many times, witnessed the rapid changes in the motherland. "Every time I go back, I will find that the impression of my hometown and childhood has changed a lot, and infrastructure construction has mushroomed. Many aspects of development were unimaginable before." Chen Yong said.

　　Yu Guochun, the chairman of Hong Kong Yuhua Domestic Department Store Co., Ltd., was born in 1951 and is known as the "king of domestic products". Sixty years ago, his father was invited to Beijing to participate in the 10th anniversary of the National Day. It was in that year that his father founded Yuhua Chinese products, which means "rich China". Yu Guochun told reporters that his father hopes to sell China’s high-quality products overseas through Hong Kong, and at the same time, open up the country’s foreign trade channels and increase foreign exchange income. "When Yuhua first opened in 1959, it only sold a few hundred kinds of goods. Today, we have sold hundreds of thousands of high-quality domestic products. " Yu Guochun said, "Our domestic products have benefited from the development of the motherland, especially the reform and opening up and the return of Hong Kong. I am honored to be a witness and participant and personally feel the great changes. "

　　Liang Weite, Financial Secretary of the Macao SAR Government, told reporters that Macao’s development achievements today also benefited from the country’s reform and opening up, especially after Macao’s return to the motherland, under the advantage of "one country, two systems", with the strong support of the state and the concerted efforts of all walks of life in Macao, Macao has undergone earth-shaking changes.

　　Better integrate into the mainland

　　In 1996, Hong Kong businessman Feng Guoyou shifted his career focus to the mainland. At that time, Hong Kong had not yet returned to China, and some Hong Kong businessmen lacked confidence in developing their businesses in the Mainland. Feng Guoyou hopes to tell Hong Kong compatriots the real situation in the Mainland through personal experience and attract more Hong Kong businessmen to develop in the Mainland.

　　With the return of Hong Kong to the embrace of the motherland, more and more Hong Kong people go to the Mainland to show their talents. Feng Guoyou, a veteran "North drifter", established the Hong Kong Professionals (Beijing) Association in 2011 to help Hong Kong people better integrate into the Mainland. At the beginning, there were only 30 or 50 small teams, but now there are 1300 members, covering many industries and highlighting the characteristics of youth, innovation and technology.

　　Borong Wang, chairman of the Youth Affairs Committee of the Association, said: "In recent years, the state has launched many measures to help Hong Kong people integrate into the overall development. For example, it is very positive to cancel the employment permit of Taiwan, Hong Kong and Macao personnel in the Mainland and implement the residence permit system for Hong Kong, Macao and Taiwan residents. "

　　Chen Zhuoxi said that about a quarter of the students in Hong Kong professional continuing education schools go to the Mainland for exchanges and internships every year. "Many students go to the mainland, not only to visit schools, enterprises or scenic spots, but also to visit mainland students’ homes and take the initiative to invite mainland students to Hong Kong. This two-way communication has enabled students to build deep feelings, and Hong Kong students have a deeper and more comprehensive understanding of the Mainland. "

　　Chen Zhuoxi said that today, with the increasingly close ties between Hong Kong and the Mainland, I hope that young people in Hong Kong will conform to the trend of the times and take the initiative to integrate into the overall situation of national development.

　　In Chen Yong’s view, since the 18th CPC National Congress, the Belt and Road Initiative and the construction of Guangdong-Hong Kong-Macao Greater Bay Area have created precious opportunities for Hong Kong to take off again, and Hong Kong should seize the opportunity to accelerate its development. "I hope that the country will introduce more development achievements in all aspects to Hong Kong, so that Hong Kong can better integrate into national development and continue to maintain prosperity."

　　Highlight institutional advantages

　　Chen Yong said that after Hong Kong’s return to the motherland, it shared the huge dividends of national development, which included the benefits of "one country" and the convenience of "two systems". Backed by the motherland, Hong Kong can play the role of a "super contact" through the Belt and Road Initiative and the construction of Greater Bay Area, and hopes to become a "super partner" and a "super participant".

　　Yu Guochun said that the state recently announced its support for Shenzhen’s construction of the Socialism with Chinese characteristics Pilot Demonstration Zone, which is of great benefit to Hong Kong, and is conducive to further promoting the construction of Guangdong-Hong Kong-Macao Greater Bay Area and promoting Hong Kong’s long-term development and prosperity and stability.

　　This year marks the 20th anniversary of Macao’s return to the motherland, and it is also the year when the Outline of Guangdong-Hong Kong-Macao Greater Bay Area Development Plan was promulgated. Liang Weite said that the country has now given Macao a clear positioning: a world tourism and leisure center and a service platform for business cooperation between China and Portuguese-speaking countries. This is also an important entry point for Macao to serve the country and give full play to its own strengths. The construction of Guangdong-Hong Kong-Macao Greater Bay Area is an important historical opportunity to promote the moderate and diversified development of Macao’s economy.

　　Xiao Zhiwei, president of the Macao Development Strategy Research Center, told reporters that Guangdong-Hong Kong-Macao Greater Bay Area has been written into the government work report for three consecutive years, reflecting that Greater Bay Area has been highly valued and concerned at the national level. "Greater Bay Area construction can promote ‘ One country, two systems ’ New practice has formed a new pattern of comprehensive opening up. " Xiao Zhiwei is full of expectation and confidence for the future development of Macao in the new era.

　　Cui Shiping believes that before the reunification, Macao actively cultivated people’s patriotic feelings and accumulated economic and social foundations. After the reunification, the strong vitality of "one country, two systems" has been demonstrated by meeting the needs of the country and giving full play to Macao’s strengths. He said that since the founding of New China 70 years ago, earth-shaking changes have taken place, and Macao people have become more and more patriotic and United. "Home and everything. If the country is good, Macao will be better. "

Recently, heavy news came out in the market. Legend Rui Holding Group is considering splitting its automobile business and listing it in Hong Kong, with an estimated market value of about 50 billion yuan. This dynamic has not only brought a new turn for Chery’s listing, but also aroused widespread concern in the entire automobile industry.

As one of the few automobile group companies in China that have not yet landed in the capital market, Chery’s listing process can be described as twists and turns. Then, can this spin-off listing become a key leap for Chery to realize its dream of listing?

The road to listing is full of twists and turns

Since its establishment in 1997, Chery Holding Co., Ltd. has developed from a single automobile manufacturer into a comprehensive enterprise covering automobile, finance, real estate, service, intelligence and parts manufacturing, and its business footprint covers more than 80 countries and regions around the world. However, despite remarkable achievements in business scale and market share, Chery’s road to listing is extremely difficult.

Chery automobile has been preparing for the IPO for nearly 20 years since the listing plan was first announced in 2004. At that time, Anhui Province actively promoted the listing of Chery and implemented the share reform. However, despite its outstanding performance, Chery’s initial listing attempt finally failed due to factors such as unclear equity relationship with SAIC.

Around 2006, JAC was in trouble. As the two major automobile manufacturers in Anhui Province, it was once reported in the market that Chery and JAC might merge and go public and cross-hold shares, which brought JAC the hope of getting out of trouble. But unfortunately, Chery failed to be the savior of Jianghuai. With the approval of Jianghuai car project, it successfully saved itself, and the rumors of merger with Chery also vanished.

Since then, Chery has repeatedly suffered setbacks on the road to listing. In 2015, Chery Huiyin, its joint venture company, failed to hit Hong Kong stocks and A shares. In 2016, Chery New Energy tried to achieve "backdoor listing" through conch profiles, but it also failed to do so. As an old-fashioned independent brand car company, Chery’s repeated failures are undoubtedly regrettable. However, Chery has not given up, but has been actively preparing for listing.

In 2020, Chery introduced Qingdao Wudaokou Capital; In 2022, Luxshare became a new strategic investor of Chery. According to the latest plan, Chery plans to complete the A-share IPO by 2025. Two years ago, Yin Tongyue, Party Secretary and Chairman of Chery Holding Company, made it clear that in order to broaden the financing channels, it was hoped that Chery Automobile could successfully go public before 2025, so as to promote the company’s new round of transformation.

The main purpose of enterprise listing is financing. Chery’s capital demand has always been well known to the industry. Yin Tongyue once admitted that Chery’s early capital investment was limited, and it has not been listed, and it has not issued bonds in the capital market in recent years. Therefore, in the process of rapid development, Chery’s capital demand mainly depends on bank financing. Landing in the capital market will not only help Chery to establish a long-term capital replenishment channel, but also activate its equity incentive mechanism. From the initial listing plan in 2004 to the completion of the capital increase and share expansion project in 2019, Chery’s listing road has been tried many times, but it failed for various reasons. Now, with the news of the spin-off and listing of the automobile business, Chery has once again taken a solid step towards the capital market.

Multiple considerations behind the valuation of 50 billion yuan

As early as the end of last year, there were rumors that Chery Automobile was preparing to go public this year, and the listing place was initially designated as the mainland, with a valuation as high as 150 billion yuan. However, the valuation of this IPO in Hong Kong has been adjusted to 50 billion yuan, which is significantly reduced compared with previous rumors. Behind this change, there are multiple factors such as the uncertainty of the global automobile market, the fierce competition of the new energy automobile industry and the fluctuation of the Hong Kong stock market.

Under the background of global supply chain bottleneck, rising raw material prices and increasingly fierce market competition, the profitability of auto companies is facing severe challenges, and investors are becoming more cautious about the valuation expectations of auto companies. At the same time, the competition in the new energy automobile industry is becoming more and more fierce, which makes investors conservative about the future growth potential of Chery Automobile. In addition, the overall poor performance of the Hong Kong stock market, especially the fluctuations in technology stocks and new energy vehicles, also affected Chery’s valuation.

Nevertheless, the spin-off listing is still of great significance to Chery. Through direct financing in the capital market, Chery can obtain more funds for R&D and market expansion, especially in frontier areas such as new energy vehicles and smart driving. At the same time, listing will also help attract strategic investors and partners and inject more resources and support into the company’s long-term development.

In order to have a deeper understanding of the prospect of Chery’s spin-off and listing, "Auto Talk" interviewed a number of industry experts and analysts. They generally believe that the spin-off and listing will help Chery to focus more on the main automobile industry and improve its operational efficiency and market competitiveness. Through listing, Chery can more clearly define the strategic objectives and market positioning of the automobile business, and optimize the resource allocation and management system.

However, some analysts have warned that Chery needs to pay close attention to the changes in the market environment and competitive situation, and formulate practical strategic planning and marketing strategies. In addition, before the spin-off, Chery needs to strengthen its internal management and enhance its brand image to ensure the long-term and stable development of the company.

According to Yin Tongyue, chairman of Chery Holding Group Co., Ltd., Chery will be split and listed in the future, and will be laid out in many fields such as new energy, artificial intelligence, mobile travel service and core components. Through the spin-off, Chery can build a multi-sector listed company cluster, realize the diversification and coordinated development of its business, and thus enhance its overall competitiveness and anti-risk ability.

Generally speaking, the news that Chery intends to spin off its auto business and go public has brought new hopes and opportunities for the company’s future development. Despite many challenges and uncertainties, Chery has not given up its dream of going public. Through the spin-off, Chery is expected to improve the efficiency of capital operation and financing ability, focus on the main automobile industry and enhance brand value and market competitiveness, conform to the development trend of the automobile industry and seize market opportunities.