Trump’s first visit to China to watch many senior officials in the United States: the past methods have been unable to solve the DPRK nuclear issue

  CCTV News:From November 8 to 10, US President Trump paid a state visit to China. This is Trump’s first visit to China since he took office as President of the United States at the beginning of this year, and it is also the first state visit received by China after the successful conclusion of the 19th National Congress of the Communist Party of China. As another major event in the development of Sino-US relations, this visit has attracted the attention of all parties. This visit can be regarded as the result of the positive interaction between China and the United States’ policies and diplomacy over a period of time, which will have an important impact on the future direction of Sino-US relations.

  Play the role of top-level design for building a new type of Sino-US relations

  The meeting between the heads of state of China and the United States will play a positive role in promoting the construction of a new type of Sino-US relations. In the report of the 19th National Congress, General Secretary of the Supreme Leader proposed that China should build a new type of international relations.

  

Su Xiaohui, Deputy Director of the Institute of International Strategy, China Institute of International Studies (video screenshot)

  When talking about Trump’s visit to China, Su Xiaohui, deputy director of the Institute of International Strategy of China Institute of International Studies, said that through face-to-face and in-depth exchanges between leaders, this visit will set the tone for the next stage of Sino-US relations. In addition, such a visit will also promote the friendship between the two countries, including the friendship between the leaders of the two countries. 

  When talking about this visit, Diao Daming, an associate professor at the School of International Studies at Renmin University of China, said that the foothold of new international relations in Sino-US relations is to build a new type of Sino-US relations, which requires both sides to inject strong impetus into the steady development of Sino-US relations on the premise of conforming to the principles of non-conflict, non-confrontation, mutual respect and win-win cooperation. I believe Trump’s visit to China will play a top-level design role in building a new type of Sino-US relations.

  Resolving economic and trade contradictions requires the joint efforts of both sides to do "addition"

  In the agenda of Trump’s visit to China, Sino-US economic and trade issues have also attracted the attention of all parties. After Trump took office, economic and trade issues once became a "hot spot" in bilateral relations, and the American media kept speculating about the so-called "unbalanced" and "unequal" bilateral economic and trade relations, which caused certain pressure on both governments.

  Regarding how to solve the trade imbalance between China and the United States, China’s ambassador to the United States, Cui Tiankai, said in an interview with the media that if the United States can relax the restrictions on the export of high-tech civilian products to China, it will greatly increase American exports to China and help solve the trade imbalance between China and the United States from a long-term perspective.

  China and the United States are each other’s most important trading partners. Only when the two countries work together to "add" can we further promote the development of Sino-US economic and trade relations.

  Chen Jianqi, deputy director of the World Economic Office of the Institute of International Strategy of the Party School of the Central Committee of the Communist Party of China, said in an interview with the media that Trump has repeatedly expressed concern about the bilateral economic and trade imbalance between China and the United States, but from a practical point of view, China is not the core factor causing the US trade deficit, and China and the United States have gradually reached a consensus on this. The economic and trade imbalance between China and the United States cannot be solved through trade wars, and only by deepening Sino-US cooperation through dialogue can the related problems be better alleviated. Since the beginning of this year, China has taken measures such as increasing American beef imports. In the future, the United States can further expand the export of high-tech products to China to alleviate the external imbalance. China and the United States have many options to solve external imbalances, and Sino-US cooperation will help achieve the goal of more balanced and healthy development.

  North Korea’s nuclear issue attracts attention that "the past methods can no longer solve the present problems"

  The DPRK nuclear issue is also the focus of Trump’s visit. How to properly resolve the DPRK nuclear issue is the key condition for the continued development of Sino-US relations. On the DPRK nuclear issue, China and the United States have maintained close communication and coordination at all levels, and the two heads of state have also discussed this issue many times. Trump’s visit believes that the heads of state of China and the United States will further communicate on this issue.

 

  US Presidential National Security Assistant McMaster (video screenshot)

  After Trump took office, he listed the DPRK nuclear issue as the main security concern and adopted a tough attitude towards North Korea. In an exclusive interview with CCTV reporters, McMaster, national security assistant to the President of the United States, said that he thought everyone felt that there was not much time left. Because North Korea’s missile and nuclear tests have reached a special stage. At this stage, the past methods, such as both sides suspending or freezing their respective projects, can no longer solve the current problems.

  However, blind sanctions are not an end and are not conducive to the resolution of the DPRK nuclear issue. Zheng Zeguang, Vice Foreign Minister of China, said that China and the United States have maintained close communication and coordination at all levels on the DPRK nuclear issue, and the two heads of state have also discussed this issue many times. "We will continue to maintain communication and coordination with the United States on the peninsula issue, and at the same time, we have consistently and resolutely opposed the deployment of the United States in South Korea ‘ Sade ’ The anti-missile system. "

  Regarding the North Korean nuclear issue and the development of the situation on the peninsula, Su Xiaohui, deputy director of the Institute of International Strategy of the China Institute of International Studies, believes that face-to-face exchanges between the two sides will lay a foundation for how the two great powers can jointly handle such a problem. This does not mean that there are no problems, differences or contradictions between the two countries, but that the two countries respect each other and are willing to listen to each other’s voices. Although the United States is the largest economy in the world, it has no ability to deal with all the problems and difficulties alone. Therefore, it conducts benign exchanges with China, based on mutual respect and guided by fairness and justice, and finally achieves win-win cooperation.

The relevant person in charge of the CSRC answered the reporter’s question on activating the capital market and boosting investor confidence.

  CCTV News:On July 24th, Politburo meeting of the Chinese Communist Party made important arrangements for capital market work, and clearly stated that "the capital market should be activated to boost investor confidence". Recently, the relevant person in charge of the CSRC accepted an interview with the media on the implementation.

  1. What consideration does the CSRC have for the implementation of this decision? What policy measures will be taken next?

  A: This time, Politburo meeting of the Chinese Communist Party emphasized "to enliven the capital market and boost investors’ confidence", which is the new deployment and new requirements of the CPC Central Committee for capital market work, and fully reflects the great attention and ardent expectations of the CPC Central Committee for the capital market, and the important significance of stabilizing capital market expectations for maintaining overall economic and social stability. The CSRC thoroughly studied and implemented the spirit of Politburo meeting of the Chinese Communist Party, conscientiously implemented the arrangements of the the State Council executive meeting and the the State Council plenary meeting, set up a special working group, formulated a work plan on the basis of brainstorming, and determined a package of policies and measures to invigorate the capital market and boost investors’ confidence.

  The general idea is to take Socialism with Chinese characteristics Thought of the Supreme Leader in the new era as the guide, adhere to the general tone of striving for progress while maintaining stability, adhere to the system concept, adhere to the problem orientation, adhere to the direction of marketization and rule of law, focus on the main line of building a modern capital market with China characteristics, make comprehensive policies and make concerted efforts to give full play to the functions of resource allocation, price discovery and risk management, continuously optimize the market ecology, effectively enhance the market vitality, efficiency and attractiveness, and maintain a stable and good development trend of the capital market.

  Grasp several principles in the work: First, treat both the symptoms and the root causes. Based on the present situation, we will speed up the launch of a number of practical and effective policy measures to stabilize expectations and boost confidence, and focus on the long-term, adhere to reform and open the way, make overall plans for the development of the stock, bond and futures markets, and improve the basic system of the capital market. The second is to highlight key points. Emancipate the mind, identify the starting point, and strive to make breakthroughs in introducing flowing water from the source, reducing transaction costs, and improving transaction smoothness. The third is to stabilize the word. Grasp the relationship between stability and vitality, coordinate the work of living the market, stabilizing expectations and keeping the bottom line, and insist on improving market activity on the premise of maintaining overall market stability. The fourth is to exert synergy. Strengthen cross-ministerial communication and policy coordination, and work in the same direction to form a strong synergy to activate the market and boost confidence. The main measures include the following aspects:

  First, accelerate the reform of the investment side and vigorously develop equity funds. Accelerate the formulation of the action plan for the reform of the investment side of the capital market, and make systematic arrangements from the aspects of promoting the high-quality development of Public Offering of Fund industries, continuously optimizing the market investment ecology, and increasing the introduction of medium and long-term funds. Vigorously developing equity funds is an important part of the investment-side reform. The key measures include: First, relaxing the registration conditions of index funds, improving the development efficiency of index funds, and encouraging fund managers to increase product innovation. The second is to promote the comprehensive implementation of Public Offering of Fund’s rate reform and lower the management rate level. The third is to guide Head Public Offering of Fund Company to increase the issuance ratio of equity funds, so as to promote the total amount of Public Offering of Fund and optimize its structure. The fourth is to guide Public Offering of Fund managers to increase their efforts to purchase their own equity funds. Fifth, establish the incentive and restraint mechanism of "counter-cyclical layout" of managers in Public Offering of Fund to reduce pro-cyclical resonance. Sixth, broaden the investment scope and strategy of Public Offering of Fund, and relax the investment restrictions on Public Offering of Fund’s investment in stock index options, stock index futures, treasury bonds futures and other varieties.

  The formula of the spirit Lord ascended the skyPractical measures will also be introduced in cases and further promoting the normal issuance of REITs.

  Third, optimize and improve the trading mechanism to enhance the convenience of trading. At present, it has been announced to reduce the proportion of settlement reserve, reduce the number of stock funds to declare, study the introduction of ETF into the after-hours fixed-price trading mechanism, and introduce the inquiry transfer and placement reduction system of GEM. The next step will be to introduce the following measures: first, reduce the handling fee of securities transactions and simultaneously reduce the commission rate of securities companies. The second is to further expand the scope of margin financing and securities lending targets, reduce the margin financing and securities lending rates, and include ETFs in the refinancing targets. The third is to improve the share reduction system, strengthen the supervision of illegal reduction and "detour" reduction, and severely punish illegal reduction. The fourth is to optimize transaction supervision, enhance transaction convenience and smoothness, and enhance the transparency of transaction supervision. Timely launch a programmed transaction reporting system. Fifth, study the appropriate extension of the trading hours in the A-share market and the exchange bond market to better meet the needs of investment transactions.

  Fourth, stimulate the vitality of market institutions and promote the high-quality development of the industry. First, adhere to the direction of intensive, differentiated, functional and international development, and build high-quality investment banks. Optimize the calculation standards of risk control indicators of securities companies, appropriately relax the capital constraints on high-quality securities companies, and improve the efficiency of capital use. The second is to implement counter-cyclical adjustment of margin financing and securities lending, and study the appropriate reduction of margin ratio of on-site financing business under the premise of overall controllable leverage risk. Third, research and launch a series of financial futures options such as SZSE 100 stock index futures options and CSI 1000ETF options to better meet the risk management needs of investors. Allow more domestic and foreign investment institutions to use derivatives to manage risks under the premise of prudence. The fourth is to implement differentiated regulatory policies, simplify the registration and filing of high-quality private equity venture capital funds, and further promote the pilot of physical distribution of shares by private equity venture capital funds. Fifth, vigorously develop China’s characteristic index system and indexed investment, and encourage all kinds of funds to enter the market through indexed investment.

  5. Support the development of the Hong Kong market and make overall plans to enhance the activity of A shares and Hong Kong stocks. At present, it has been announced to introduce a block trading mechanism in Shanghai-Shenzhen-Hong Kong Stock Connect. In the next step, practical measures will be further introduced to stimulate the vitality of the Hong Kong market and promote the coordinated development of the mainland and Hong Kong markets. First, continue to optimize the interconnection mechanism, further expand the scope of interconnection targets, and add RMB stock trading counters in Hong Kong Stock Connect. The second is to launch treasury bonds futures and related A-share index options in Hong Kong. The third is to support the dual listing of stocks listed in the United States in Hong Kong.

  Sixth, strengthen inter-ministerial coordination and form an active capital market synergy. Activating the capital market and boosting investors’ confidence is a systematic project, involving all aspects of work, which requires a set of "combination boxing" to form a joint policy force. Especially in the medium and long-term capital market, capital market tax policy, etc., it needs the coordinated support of relevant ministries and commissions. Recently, we have increased inter-ministerial communication and coordination, and made great efforts to study and promote some important measures. For example, promote the optimization of listed companies’ equity incentive personal income tax payment time and other capital market-related tax arrangements; Promote the establishment and improvement of a long-term assessment mechanism for equity investment such as insurance funds, and promote its efforts to increase equity investment; Guide and support bank wealth management funds to actively enter the market; Support more investors such as banking institutions to fully participate in the exchange bond market, and so on.

  What needs to be emphasized is that activating the capital market, boosting investors’ confidence, and striving for progress while maintaining stability are complementary and internally unified. Without a relatively stable market environment, it is impossible to activate the market and boost confidence. We will do a good job in activating the market, preventing risks and strengthening supervision. We will work with relevant parties to prevent and handle risks in key areas such as urban investment bonds and real estate, resolutely maintain the stable operation of the market, stick to the main business of supervision, increase the intensity of anti-counterfeiting and counterfeiting in the capital market, and severely and promptly investigate and deal with typical illegal cases such as fraudulent issuance, financial fraud, market manipulation and insider trading, so as to provide investors with real and transparent listed companies and consolidate long-term investment confidence.

  2. Incremental capital inflow is the key to active market. What are the considerations and specific measures for introducing more medium and long-term funds?

  A: In recent years, social security funds, insurance funds, annuity funds and other medium-and long-term funds have adhered to market-oriented and professional operations, maintaining a net inflow as a whole, and achieving a benign interaction with the capital market while maintaining and increasing value. But overall, the shortage of medium and long-term funds is still a prominent problem that restricts the healthy development of the capital market. At present, the proportion of medium and long-term capital holding shares is less than 6%, far below the level of more than 20% in mature overseas markets. With the strong support of relevant parties, we are studying and formulating a reform plan for the investment side of the capital market. In introducing more medium and long-term funds, the key point is to create a policy environment conducive to medium and long-term funds entering the market. Specific measures: First, support the national social security fund, basic endowment insurance fund and annuity fund to expand the investment scope of the capital market; Second, study and improve the rules for identifying strategic investors, and support medium and long-term funds such as the National Social Security Fund to participate in the non-public offering of listed companies; The third is to formulate rules for institutional investors to participate in the governance of listed companies and give play to the binding role of professional buyers; The fourth is to optimize the supervision of investment transactions, study and optimize the application of laws and regulations such as large shareholding information disclosure, short-term trading, and reduction restrictions to facilitate the investment operation management of professional institutions; Fifth, enrich the financial derivative investment tools inside and outside the market, optimize the restrictions on the use of derivatives by various institutional investors, and improve the efficiency of risk management; Sixth, enrich the personal pension product system, and include equity products such as index funds into the scope of investment choices.

  At the same time, we will strengthen cross-ministerial communication and coordination, increase the introduction of various medium and long-term funds, and increase the proportion of equity investment. Including: promoting the improvement of the investment management system of the national social security fund and the basic old-age insurance fund, and further promoting the market-oriented investment operation level of the annuity fund; Promote research and optimization of accounting treatment of equity investment of insurance funds, promote the pilot project of long-term stock investment of insurance funds, and gradually expand the scope and scale of the pilot project; Promote the accelerated expansion of the personal pension system to the whole country and expand the coverage of the system; Support bank wealth management funds to improve the ability of equity investment; Actively promote all kinds of medium and long-term funds to establish long-term investment performance orientation, comprehensively establish a long-term assessment mechanism for more than three years, and enhance the stability of investment behavior.

  3. At the 14th Lujiazui Forum, President Yi Huiman said that policies and measures to further support the self-reliance and self-reliance of high-level science and technology in the capital market will be introduced in due course. What is the progress in this regard and what specific measures are there?

  A: Since the beginning of this year, on the basis of in-depth research and extensive listening to opinions and suggestions, the CSRC has accelerated the research and demonstration of a package of policy measures to further support scientific and technological innovation, and relevant documents will be issued in due course. The general idea is to improve the support mechanism of capital market for scientific and technological innovation, guide resources to gather in the field of scientific and technological innovation, stimulate the vitality of market scientific and technological innovation, boost scientific and technological enterprises to become better and stronger, and smooth the virtuous circle of "science and technology-industry-finance".

  Main policy measures: First, establish a "green channel" for listing financing, bond issuance, mergers and acquisitions of technology-based enterprises that break through key core technologies, improve the efficiency of audit and registration, and increase the supply of high-quality listed companies. Second, continue to improve the equity incentive system and mechanism of science and technology enterprises, optimize the implementation procedures, exempt short-term transactions, and help science and technology enterprises attract stable talents. Third, optimize the financing environment of technology-based listed companies, actively study more types and ways of financing to meet the needs of technology-based enterprises, and study and establish the science and technology innovation board and Growth Enterprise Market shelf distribution system. The fourth is to appropriately improve the inclusiveness of restructuring and valuation of light-asset technology-based enterprises, and support technology-based enterprises to comprehensively use various payment tools to implement restructuring. Fifth, strengthen the bond market’s accurate support for scientific and technological innovation, focus on supporting corporate bond financing of high-tech and strategic emerging industries, incorporate high-quality corporate science and technology bonds into benchmark market-making varieties, and support new infrastructure and scientific and technological innovation industrial parks to issue REITs in the field of scientific and technological innovation. In addition, actively support the development of private equity venture capital funds, implement differentiated regulatory policies, simplify the registration and filing of high-quality private equity venture capital funds, and guide venture capital funds to invest more in scientific and technological innovation.

  4. Recently, the market has paid more attention to the IPO rhythm, and it is also rumored that refinancing will be suspended. What does the CSRC think?

  A: To realize the sustainable development of the capital market, we need to fully consider the dynamic and positive balance between the two ends of investment and financing. Without the steady operation of the secondary market, the financing function of the primary market will be difficult to play effectively. We always adhere to the scientific and reasonable normalization of IPO and refinancing, and at the same time fully consider the affordability of the secondary market, strengthen the countercyclical adjustment of the primary and secondary markets, and better promote the coordinated and balanced development of the primary and secondary markets. The market will feel this change.

  5. What are the specific considerations for deepening the market-oriented reform of M&A?

  A: M&A is an important way to optimize resource allocation and stimulate market vitality. Since 2019, there have been about 3,000 mergers and acquisitions in the whole market every year, and the transaction amount has exceeded 1.5 trillion yuan. In the next step, we will adhere to the problem orientation, conform to the market demand, and deepen the market-oriented reform of mergers and acquisitions. First, appropriately improve the valuation inclusiveness of light asset technology-based enterprise restructuring, and support high-quality technology innovation enterprises to become bigger and stronger through mergers and acquisitions. The second is to optimize and improve the audit mechanism such as "small amount and quick", extend the validity period of financial materials for stock issuance and restructuring, and further improve the efficiency of restructuring market. The third is to introduce the relevant rules for listed companies to issue convertible bonds to purchase assets, and enrich the payment methods for mergers and acquisitions. The fourth is to promote central enterprises to increase the integration of mergers and acquisitions of listed companies, and inject high-quality assets into listed companies through mergers and acquisitions channels to further improve the quality of listed companies.

  6. Share repurchase plays an important role in stabilizing stock prices and boosting confidence. What considerations does the CSRC have in supporting share repurchase?

  A: Share repurchase is an internationally accepted important means to safeguard the company’s investment value, improve the corporate governance structure and enrich the investor’s return mechanism. It is also a basic institutional arrangement in the capital market. In recent years, the CSRC has encouraged and supported listed companies to carry out share repurchase in many ways, and the scale of repurchase in the A-share market has increased steadily as a whole. In the next step, we will work with relevant parties to further optimize the share repurchase system, support more listed companies to stabilize and boost their share prices through share repurchase, safeguard shareholders’ rights and interests, and lay a solid foundation for a stable market operation. On the one hand, accelerate the revision of repurchase rules, relax the repurchase conditions of listed companies when their share prices fall sharply, relax the repurchase restrictions of new listed companies, relax the restrictions on the repurchase window period, and enhance the convenience of implementing repurchase. On the other hand, it encourages qualified listed companies to actively carry out repurchase, and urges listed companies that have issued repurchase plans to speed up the implementation of repurchase plans, increase repurchase efforts, and send positive signals in a timely manner.

  7. Recently, the market has paid more attention to the major shareholder’s reduction. What are the next considerations in improving the reduction system and strengthening the supervision of the reduction behavior?

  A: The major shareholder and Dong Jiangao are the "key minority" of listed companies. They have special obligations and responsibilities in the company’s business development and governance, and should earnestly safeguard the interests of the company and minority shareholders. The Securities Law, the Company Law and relevant regulatory rules clearly stipulate the holding period and the number of shares sold by major shareholders and Dong Jiangao. The major shareholder and Dong Jiangao shall strictly abide by it, and shall not evade the reduction restrictions in any way. Recently, we have clarified the regulatory caliber for the major shareholder and Dong Jiangao’s reduction in divorce, dissolution and separation, and eliminated possible loopholes in the system.

  In the next step, the CSRC will continue to do a good job in reducing its holdings. On the one hand, resolutely crack down on illegal reduction, promptly and seriously deal with excessive reduction, undisclosed reduction, circumvention of restricted reduction, etc., and comprehensively use various means such as administrative supervision measures, administrative penalties, self-discipline measures or trading restrictions to severely punish illegal subjects, thus creating a shock and maintaining the order of the capital market. On the other hand, pay close attention to the problem of shareholder reduction reflected by the market, carefully analyze and evaluate, study and optimize the reduction rules in a timely manner, further standardize the reduction behavior of major shareholders and directors and supervisors, and enhance the institutional binding force.

  8. Recently, there has been a lot of discussion on the T+0 trading system in the stock market. What do you think of this? Will this system be introduced?

  A: Whether T+0 trading should be implemented in China’s stock market has been widely discussed in recent years. On the whole, there are great differences in various aspects. We believe that T+0 trading objectively plays a positive role in enriching trading methods and improving trading activity. However, we should also see that the stock price trend of listed companies depends on the quality and operating efficiency of listed companies, and the medium and long-term impact of T+0 trading method on market valuation is limited. At present, the A-share market is dominated by small and medium-sized investors, with 96% of the small retail investors holding shares with a market value of less than 500,000 yuan. At this stage, the implementation of T+0 trading may amplify market speculation and manipulation risks, especially institutional investors’ extensive use of programmed trading, which will aggravate the disadvantaged position of small and medium-sized investors and is not conducive to fair trading in the market. We believe that it is premature to implement T+0 trading at this stage.

  9. Recently, there have been many calls from investors to reduce the stamp duty rate of securities transactions. What do the CSRC think of this?

  A: We have paid attention to the market’s appeal and concern about lowering the stamp duty rate on securities transactions. Historically, adjusting the stamp duty on securities transactions has played a positive role in reducing transaction costs, activating market transactions and embodying the inclusive effect. It is recommended to know the specific situation from the competent authorities.

  10. In March this year, the new regulations for overseas listing were officially implemented, and the CSRC indicated that more "green light" cases would be launched. What is the progress in this regard? What’s the next step?

  A: Since the implementation of the new regulations on overseas listing filing, enterprises have actively submitted filing materials, and the number of applicants has increased significantly. We have continuously improved the requirements of filing compliance standards, strengthened communication and coordination between domestic and overseas regulators, and solidly promoted filing work. Nineteen enterprises of various types have completed listing and filing in Hong Kong and overseas in the United States. In the next step, we will continue to unblock the overseas listing channels of enterprises and launch more qualified "green light" cases, including VIE architecture enterprises and platform enterprises that are more concerned by the market. At the same time, promote the formation of a more transparent, efficient and smooth overseas listing supervision and coordination mechanism, respect enterprises’ independent choice of overseas listing places according to laws and regulations, and support qualified enterprises to make good use of two markets and two resources to achieve standardized and healthy development.

  11. The bond market is an important part of the capital market. What are your considerations in implementing the deployment of "active market and boosting confidence"?

  A: Since the beginning of this year, we have persisted in striving for stability and made every effort to promote the function of the bond market and achieved positive results. In terms of steady growth of services, we adhered to the coordinated development of corporate bonds, corporate bonds, ABS and REITs. From January to July this year, the total financing of various bonds issued by the exchange bond market was 7.32 trillion yuan, exceeding the level of last year. Among them, the issuance of science and technology bonds exceeded 167 billion yuan and the issuance of green bonds exceeded 90 billion yuan. By the end of July, a total of 32 REITs projects had been issued and listed, raising a total of nearly 100 billion yuan. In terms of basic system reform, the reform and deployment of the party and state institutions were implemented, and the transfer of corporate bond responsibilities was efficient and smooth. We issued guidance on implementing the reform of the corporate bond registration system, improving the quality of intermediary bond practice, and promoting the deepening of the reform of the bond registration system. In terms of prevention and control of key risks, we strengthened the prevention and control of bond risks in key areas such as urban investment and real estate, and the risk of default remained generally convergent.

  In the next step, we will further introduce measures to stabilize expectations and confidence to stimulate the vitality of the bond market. First, comprehensively improve the vitality and quality of the bond market. Strengthen the reform of the investment side of the bond market and promote the full participation of banking institutions in the bond market of the exchange. We will strengthen the ranks of bond market makers, steadily push forward the reform of the inquiry and quotation system, and deepen the opening up of the bond market. The second is to accelerate the normal issuance and high-quality expansion of REITs. We will launch REITs-related indexes and REITs index funds, optimize the REITs valuation system and issue inquiry mechanism, cultivate professional REITs investors, and accelerate the interconnection between the REITs market and the Hong Kong market. The third is to adhere to the bottom line thinking and do a good job in risk prevention and control in key areas such as real estate and urban investment. To adapt to the new situation that the relationship between supply and demand in the real estate market has undergone major changes, we will continue to do a good job in supporting the stable and healthy development of the real estate market in the capital market. Maintain the overall stability of the financing channels of housing enterprises’ stock bonds and support the reasonable financing needs of normal operating housing enterprises. Adhere to the "one enterprise, one policy" and steadily resolve the default risk of bonds of large housing enterprises. Strengthen the risk monitoring and early warning of urban investment bonds, take the "explosion-proof thunder" of open market bonds and non-standard debts as the top priority, and make every effort to maintain the smooth operation of the bond market.

The 80th anniversary of the February 26th Incident-Showa warlords unified their understanding on the issue of aggression against China.

Up to the September 18th Incident, the Japanese army leaders started from Yamagata Aritomo and went through Uehara Bravo to Tanaka Yoshiichi. Although they were all representatives of militarism and militarism, they all remained at the level of personal work with serious personal characteristics. Around 1923, the "two-leaf meeting" organized by Tieshan Nagata and Okamura Ningji, and later the "Obsidian meeting" organized by Zhenyi Suzuki and Guaner Ishihara merged to form the "one-night meeting". After occupying the mainstream position of the Japanese army around the September 18th Incident, the personal characteristics of the leaders were erased and replaced by a collection with common thoughts and ideals, which was called "Showa Warlord".

The September 18th Incident in 1931 was a very important event. The so-called "Showa Warlords" appeared to prepare for the September 18th Incident. In turn, the preparations for this incident and the aftermath of the incident also completed the organizational work, established the direction of action and laid a psychological foundation for the Showa Warlords. After the September 18th Incident, the Japanese Army was no longer under the control of one individual, and any change of one individual could not change the behavior of the Japanese Army.

This way of behavior is to use force to expand outward, and the September 18th incident was the first step of this expansion. However, after the success of the first step, the Showa warlords had contradictions in the direction of continuing to expand, and a large-scale bloody conflict occurred, which eventually led to division. This conflict and division was the February 26th incident in 1936.

The February 26th incident is a comprehensive reflection of the fierce contradictions in Japanese society and the power struggle around the next action goal of the Japanese army after the September 18th incident.

226 coup

The Origin of "Control School" and "Imperial School"

After the "September 18th" event, Sadao Araki Night of barren hills Tawei station Wild Bodyguard Red Dead Redemption Wild Pursuit Solitary in wilderness Wilderness survival Into The Wild Hunting in wilderness Steppenwolf Brilliant green Royal Prime Minister’s Palace Emperor Waltz Hwang Bo Hye Jung The name of Huang Fu Splendid palace Pearls on the Crown Royal Albert Hall Royal Ontario Museum, Makazaki Kozaburo and Hayashi Mishiro, who were "three generals who were not in Changzhou", took the place of Yuyuan Pai valve to serve as the head of the army. However, these three generals were not incompetent, not marionettes controlled by the event, but vaguely formed a new school valve headed by Araki and Saga in the army, which was not the original purpose of the event.

Sadao Araki Night of barren hills Tawei station Wild Bodyguard Red Dead Redemption Wild Pursuit Solitary in wilderness Wilderness survival Into The Wild Hunting in wilderness Steppenwolf Brilliant green Royal Prime Minister’s Palace Emperor Waltz Hwang Bo Hye Jung The name of Huang Fu Splendid palace Pearls on the Crown Royal Albert Hall Royal Ontario Museum has been engaged in Soviet Russia for a long time, participated in the Siberian expedition and served as a military attache in Soviet Russia, so he paid special attention to Soviet Russia. In his view, World War I between Japan and Russia was inevitable, and the time should be around 1936. The reason is that after the completion of the second five-year plan for the national economy implemented by the Soviet Union from 1933 to 1937, the national strength will increase greatly, which will pose a great threat to Manchukuo. At that time, Yamagata Aritomo, a veteran of the Japanese Army, made up his mind to wage the Russo-Japanese War only after seeing the threat that the upcoming Siberian Railway would pose to Japan. Therefore, Japan should prepare for the war against the Soviet Union before the threat of the Soviet Union actually took shape, and this time should be around 1936. This is the "Crisis Theory of 1936", one of the leading figures in the "Three Heroes of baden-baden", because Kojiro Kobayashi was a military attache in the Soviet Union.

Araki Sadao

However, Tieshan Nagata, who served as a military attache in Germany in the First World War and witnessed Germany’s defeat, did not think so. In his eyes, "World War I" was a total battle, testing the country’s national strength and depth, while Japan’s national strength and depth were not enough to support a big war. If Japan really wants to win and survive in the future war, it needs to further expand into China to gain resources and strategic depth, in addition to stabilizing Manchuria, which it has already acquired.

In this way, the two leaders who controlled the Showa warlord’s one-night party, Nagata Tieshan and Kobayashi, parted ways and divided into two factions which were later called the "control faction" and the "imperial faction". The first reason for the split was the question of "going south" or "going north", which was different from the goal of going south in the dispute of "going south and going north" rekindled ten years later.

The two factions are consistent in the general direction.

Okamura Ningji regretted many times after the war that "why not stay on the Tanggu Agreement on May 31, 1933". In fact, in the middle of April to early May before the Tanggu Agreement, at the four "provincial summit meetings" jointly held by the army, the province and the chiefs of staff, the cracks between the imperial clique and the control clique were already made public. Maybe it’s because Okamura Ningji didn’t attend these meetings when he was the deputy chief of staff of the Kwantung Army. He didn’t know the starting point of the split between Nagata Tieshan and Kojiro, but he should know about these disputes in China as far as the position of Okamura is concerned, so his feeling is a little puzzling.

Okamura Ningji

During the Japanese defeat, many files were burned, including the records of the four provincial and ministerial summits, so it is uncertain whether these disputes really happened, only the memories of Sadao Araki Night of barren hills Tawei station Wild Bodyguard Red Dead Redemption Wild Pursuit Solitary in wilderness Wilderness survival Into The Wild Hunting in wilderness Steppenwolf Brilliant green Royal Prime Minister’s Palace Emperor Waltz Hwang Bo Hye Jung The name of Huang Fu Splendid palace Pearls on the Crown Royal Albert Hall Royal Ontario Museum after the war are taken as an isolated evidence. However, the "Outline of Fundamental National Policy and Countermeasures" made by the Intelligence Department of the General Staff Headquarters on May 2, 1933 did analyze the changes of the Soviet Union’s national strength, and also pointed out the achievements and future of the construction of "Manchukuo". It was believed that the war against the Soviet Union could still be carried out even after the completion of the second five-year plan of the Soviet Union and Russia, or rather it was more in Japan’s interest to postpone the use of troops against the Soviet Union. Considering that Nagata Tieshan was the intelligence minister of the General Staff Headquarters at that time, it can be believed that there was a dispute at the provincial summit, and this document should be used at these meetings.

There is a little difference between the two parties’ China policies. Sadao Araki Night of barren hills Tawei station Wild Bodyguard Red Dead Redemption Wild Pursuit Solitary in wilderness Wilderness survival Into The Wild Hunting in wilderness Steppenwolf Brilliant green Royal Prime Minister’s Palace Emperor Waltz Hwang Bo Hye Jung The name of Huang Fu Splendid palace Pearls on the Crown Royal Albert Hall Royal Ontario Museum and Kobayashi maintain that as a supplement to Soviet defense, they should establish goodwill and peace with China. The contents of this so-called "goodwill and peace with China" are: adjusting-China economic relations, prompting the Japanese government to turn its policy toward Japan, setting up a wider range of pro-Japanese areas, and cultivating pro-Japanese elements with separatist tendencies. And Nagata Tieshan advocated "breaking verbally attack’s attitude towards anti-Japanese and boycotting Japanese goods". Although there is no difference in essence, the iron and blood flavor brought by the toughness of Nagata Tieshan’s words is impressive.

On the policy towards Britain and the United States, Nagata Tieshan believes that the economic aggression of the United States against the Far East must be as thorough as that of the Soviet Union and Russia, but the war against the United States must be carried out after the war against the Soviet Union, and before that, we should try our best to make the United States remain neutral; On the other hand, Sadao Araki Night of barren hills Tawei station Wild Bodyguard Red Dead Redemption Wild Pursuit Solitary in wilderness Wilderness survival Into The Wild Hunting in wilderness Steppenwolf Brilliant green Royal Prime Minister’s Palace Emperor Waltz Hwang Bo Hye Jung The name of Huang Fu Splendid palace Pearls on the Crown Royal Albert Hall Royal Ontario Museum and Kobayashi believe that it is necessary to maintain friendly relations with Britain and the United States in addition to fighting back when Japan’s mainland policy is interfered by the United States.

To sum up, in fact, apart from some words and time limits, there is no substantial difference between the imperial school and the control school in the most important policy toward the Soviet Union, China and Britain and the United States, but these small differences have finally developed to the point of fighting each other.

Why "control"

In addition to the "control faction" in general, in fact, the control faction has a very definite organization, mainly around tojo hideki, Imamura Jun, Wu Tengzhang, Fuyong Gongji, Yamashita, Sadaaki Kagesa, Ikeda Junjiu, Sifang Yuji and Hotan of Yongtian Tieshan, plus these ten rank officers and major generals, plus Katakura, Makita, Xipujin, . These junior officers were under the command of Wu Tengzhang, the boss of Katakura, and after Katakura entered the Military Affairs Bureau of the Army Province, they were directly under the command of the Military Affairs Director Nagata Tieshan.

Nagata Tieshan is regarded as the leader of the control faction.

A common feature of these 24 core members of the control faction is that all of them are elite staff officers who graduated from army universities. They are called "control faction" because they were deeply impressed by the great leap forward in national strength brought about by state control in Germany and the Soviet Union at that time. On May 22, 1933, Nagata Tieshan clearly pointed out in a personally drafted document entitled "Control of National Army and Opening of National Policy": "The urgent task at present is to accomplish the task of saving the country, and the military department must achieve complete control by itself."

Why control? Because there is a "lack of control" in the army, that is, the influence of the "national reform movement" spreading among some junior officers. At that time, Japan looked very glamorous-one of the top five in the Old League of Nations won the Sino-Japanese War, Japan-Russia and World War I successively, won the Korean Peninsula and Taiwan Province in China, dismembered the northeast of China, inherited the German colony in the South Pacific, and completely became a member of the great powers-but the domestic class and social contradictions were very acute, and the gap between the rich and the poor was very serious. Contrary to the glamour on the surface, at the bottom, unstable emotions are fermenting.

The demands and actions of the imperial school

Different from the elite officers who graduated from Lu University and are destined to take charge of the army in the future, the junior officers who just graduated from the Army NCO School and can’t serve in the army for life have a better understanding of the reality at the bottom, and they are even more trying to change and realize the so-called "imperial reform". In their view, the emperor is enlightened, of course, because of the treacherous court official lurking on the edge of the monarch, corrupt bureaucrats and the rich who suck the marrow. Only under the leadership of the emperor can these cancers of the emperor be removed. This is the "national transformation movement" encouraged by the right-wing thinker North Ikki. The export of these junior officers is "Emperor" and "Imperial Kingdom", so they are called "Imperial Sect".

Army NCO school former site

Originally, these junior officers couldn’t get along with the "Imperial Sect" in the central army, such as Sadao Araki Night of barren hills Tawei station Wild Bodyguard Red Dead Redemption Wild Pursuit Solitary in wilderness Wilderness survival Into The Wild Hunting in wilderness Steppenwolf Brilliant green Royal Prime Minister’s Palace Emperor Waltz Hwang Bo Hye Jung The name of Huang Fu Splendid palace Pearls on the Crown Royal Albert Hall Royal Ontario Museum, Makazaki Kozaburo and Kobayashi, both in ideology and action strategy. However, in order to reverse their decline in the number of elite officers in the central army, Sadao Araki Night of barren hills Tawei station Wild Bodyguard Red Dead Redemption Wild Pursuit Solitary in wilderness Wilderness survival Into The Wild Hunting in wilderness Steppenwolf Brilliant green Royal Prime Minister’s Palace Emperor Waltz Hwang Bo Hye Jung The name of Huang Fu Splendid palace Pearls on the Crown Royal Albert Hall Royal Ontario Museum deliberately bowed down and approached the junior officers who advocated the national transformation movement, and even those junior officers could call Sadao Araki Night of barren hills Tawei station Wild Bodyguard Red Dead Redemption Wild Pursuit Solitary in wilderness Wilderness survival Into The Wild Hunting in wilderness Steppenwolf Brilliant green Royal Prime Minister’s Palace Emperor Waltz Hwang Bo Hye Jung The name of Huang Fu Splendid palace Pearls on the Crown Royal Albert Hall Royal Ontario Museum "Araki" regardless of their ranks.

The central figures of the Imperial Sect are Daisuke Oshima, Saburo Kanebo, Nomatsu Taiping, Kozo Rongichi, Takaji Murakami, Keizo Ando, Asaichi Ibaraki, An Xiu Kurihara and Kiyoda Kiyoshi. These junior officers of the army also got in touch with junior officers of the navy and civil right-wing organizations, which was related to a series of bloody assassinations in Japanese society at that time.

From assassination to mass coup.

In November, 1933, the junior officers of the rural poetry society had a contact with the elite officers of the control group, such as Tokibashi Yongyi, Wu Tengzhang, Ikeda Junjiu, and Katakura Sadako, in the Tsuneko Society of the Ninth Section of Tokyo, but there was a fierce argument, and finally the two factions broke up. Elite officers gave a clear answer to junior officers’ questions about "Are you going to crush us?" "Exactly." In this way, the two factions became incompatible, and junior officers were determined to strike first. Masaki Yuka’s dismissal in 1935 became the fuse of a series of events.

In April, 1935, the Director of Education of the Army, General Makazaki, gave an instruction against "the theory of imperial organs". However, in July, he was forcibly removed from office. Imperial officials regarded this as a direct attack by the control faction, and the "Nagata assassination incident" occurred.

On August 12th, Major-General Nagata Tieshan, the military affairs director of the Army Province, was hacked to death with a saber in his office by Saizawa Saburo, who originally belonged to the 41st Infantry Wing in Hiroshima and was now transferred to the 1st Infantry Wing in Taiwan Province. Nakazawa and Shinozaki have personal relationships and are considered to have imperial thoughts. Nagata Tieshan is regarded as the leader of the control faction, and he himself often publicly stated: "The Japanese army is a lion, and the imperial soldiers are parasites on the lion." So it was hated by the imperial soldiers.

But this murder has greatly weakened the already bad position of the Imperial Sect. On February 26th, 1936, junior officers such as Takaji Murakami, Keizo Ando, Asaichi Iwasaki and An Xiu Kurihara led 1,500 soldiers from the 3rd Infantry Wing, the 1st Infantry Wing, the 3rd Infantry Wing and the 7th Field Heavy Artillery Wing to carry out a coup, occupying the Prime Minister’s residence, the Metropolitan Police Department, the Interior Minister’s residence, the Army Ministry, the General Staff Headquarters, the Army Minister’s residence and Tokyo Asahi Shimbun. Attacked Prime Minister Kaijie Okada, Kantarō Suzuki’s aide-de-chamberlain, Minister Saito Shinichi, Minister Takahashi Nishida, Director of Army Education of Tantaro Watanabe and former Minister of the Interior of Makino Nobuaki, and killed Saito Shinichi, Takahashi Shinichi and Tantaro Watanabe. Kantarō Suzuki was seriously injured, and Okada Keisuke escaped, but his brother-in-law Matsuo Chuanzang was mistaken for the Prime Minister and killed. These people are regarded as "traitors" or "traitors" by the coup army. If they are removed, Japan can be saved.

Tomokazu Miura plays Keizo Ando in the movie "226".

When talking about the reasons for the coup, Captain Sugabosaburo, who was later sentenced to five years’ imprisonment, said this: "The first reason is to move to Manchuria, and the second is to invade North China, which the aides of the Army Central Committee were considering at that time. This is of course a war, and it is difficult to come back alive. They (junior officers) are brave and capable frontline commanders, and most of them will die. Therefore, it is necessary to kill the culprit before moving to Manchuria, and not to reach out to North China. Now is not the time to make trouble with foreign countries. What is needed now is to reform the national government and stabilize the people’s lives. This is the motivation. "

The coup forces tried to convey their wishes to the emperor through the head of the army, who was also in chaos. On the first day, the communique issued by the army called the troops participating in the coup "dispatched troops", on the second day it was called "lurching troops" or "occupying troops", on the third day it was called "harassing troops", and it was not until the fourth day that it was reluctantly called "rebel troops". It was not until the third day that the Army made a coy statement, because on the one hand, the Imperial Sect and the allies of Sadao Araki Night of barren hills Tawei station Wild Bodyguard Red Dead Redemption Wild Pursuit Solitary in wilderness Wilderness survival Into The Wild Hunting in wilderness Steppenwolf Brilliant green Royal Prime Minister’s Palace Emperor Waltz Hwang Bo Hye Jung The name of Huang Fu Splendid palace Pearls on the Crown Royal Albert Hall Royal Ontario Museum and Makazaki were in the center of the Army, and on the other hand, the control faction lacked the leading figure Nagata Tieshan, and became dizzy. Only Ishihara, who had no faction valve, stood firm and determined the incident from the beginning: "Chaos against the Constitution". There is also a firm stand of the Emperor, who threatened to use personal expedition if the army could not suppress the rebellion. Ironically, the Emperor did not stand on the side of the "Imperial Sect" who launched the coup.

After the rebellion was suppressed, the first 16 junior officers, North Ikki and Nishida Tax were sentenced to death, the rest were sentenced to life imprisonment to one and a half years’ imprisonment, four army generals, including Sadao Araki Night of barren hills Tawei station Wild Bodyguard Red Dead Redemption Wild Pursuit Solitary in wilderness Wilderness survival Into The Wild Hunting in wilderness Steppenwolf Brilliant green Royal Prime Minister’s Palace Emperor Waltz Hwang Bo Hye Jung The name of Huang Fu Splendid palace Pearls on the Crown Royal Albert Hall Royal Ontario Museum, Shinzaburo Makazaki, Nobuyuki Abe and Shiro Hayashi, were put into reserve, and many other officers below the rank of lieutenant general were dismissed, deprived of medals and honours, or driven out of the central army. For example, Major General Toyotomi Yamashita, the Minister of Military Investigation of the Army Province, who was later called the "Tiger of Malay", did not return to the Army Central Committee as the Minister of Aviation until 1940. The Imperial Sect was swept away, and the Showa warlord was purified again. Since then, we have unified our understanding on the issue of invading China from the south.

However, the death of Nagata Tieshan is also a great loss to the Showa warlord. Nagata Tieshan is even a more brilliant strategist than Ishihara Smile, and the qualification of Nagata Tieshan in the 15th issue of Lu Shi is unmatched by Ishihara Smile in the 21st issue of Lu Shi. Compared with Ishihara Smile, who has a very bad interpersonal relationship, Nagata Tieshan has the ability to be a leader, as long as we look at the achievements made under his leadership. And after his death, the ruling faction also lost its soul, which is one of the reasons why the Showa warlord showed confusion and aimlessness after the death of Nagata Tieshan.

 

Ishihara Guaner

Supreme Leader: Speech at the Symposium on Further Promoting the Development of the Yangtze River Economic Belt

  Xinhua News Agency, Beijing, June 13th

Speech at the symposium on further promoting the development of the Yangtze River Economic Belt

(April 26, 2018)

Supreme leader

  This symposium is the second symposium on the development of the Yangtze River Economic Belt hosted by me. The last time was held in Chongqing in the upper reaches of the Yangtze River in January 2016, and this time it was held in Wuhan in the middle reaches of the Yangtze River.

  Promoting the development of the Yangtze River Economic Belt is a major decision made by the CPC Central Committee, a major strategy related to the overall development of the country, and of great significance to achieving the goal of "two hundred years" and realizing the Chinese dream of the great rejuvenation of the Chinese nation.

  Generally speaking, it is necessary to intensify efforts to implement the development strategy of the Yangtze River Economic Belt. This is the purpose of my research and symposium. In the past few days, I have visited Yichang, Jingzhou, Yueyang, Wuhan and the Three Gorges dam area, and inspected the transformation and development of enterprises, the relocation of chemical enterprises, the regulation of illegal docks, pollution control, river regime control and revetment works, waterway regulation, wetland restoration, hydrological monitoring at hydrological stations, and made research in villages, enterprises, communities and other places, and listened to the relevant responsible comrades from Hubei and Hunan about the province’s participation in the development of the Yangtze River Economic Belt. Just now, I listened to the speeches of the responsible comrades of the National Development and Reform Commission, the Ministry of Ecology and Environment, the Ministry of Transport and the Ministry of Water Resources, and some responsible comrades of provinces and cities. Comrade Han Zheng also made a speech. Now, based on the investigation and comrades’ speeches, I would like to make some comments on three issues.

  The first question: comprehensively grasp the situation and tasks of the development of the Yangtze River Economic Belt.

  On January 5, 2016, I emphasized at the symposium on promoting the development of the Yangtze River Economic Belt hosted by Chongqing that the Yangtze River is the mother river of the Chinese nation and an important support for the development of the Chinese nation; To promote the development of the Yangtze River Economic Belt, we must consider the long-term interests of the Chinese nation, put the restoration of the Yangtze River ecological environment in an overwhelming position, make great efforts to protect the Yangtze River without large-scale development, and strive to build the Yangtze River Economic Belt into a golden economic belt with more beautiful ecology, smoother traffic, more coordinated economy, more unified market and more scientific mechanism, and explore a new path of ecological priority and green development.

  Over the past two years, the Office of the Leading Group for Promoting the Development of the Yangtze River Economic Belt has done a lot of work with relevant departments in the State Council and provinces and cities along the Yangtze River, and has made positive progress in strengthening top-level design, improving ecological environment, promoting transformation and development, and exploring institutional and institutional reforms. First, the planning policy system has been continuously improved. The Outline of the Yangtze River Economic Belt Development Plan and 10 special plans have been issued and implemented, and more than 10 policy documents in various fields have been issued and implemented. Second, the protection pattern has been basically established, and a series of special rectification actions have been carried out. Among the illegal docks, 959 have been completely dismantled, 402 have been basically rectified and standardized, and special rectification actions such as drinking water sources, sewage outlets into rivers, chemical pollution and solid waste have been solidly carried out. The excellent proportion of water quality in the Yangtze River has increased from 74.3% at the end of 2015 to 77.3% in the third quarter of 2017. Third, the construction of comprehensive three-dimensional traffic corridors has been accelerated, positive progress has been made in industrial transformation and upgrading, new urbanization has been continuously promoted, the level of opening up has been significantly improved, and the economy has maintained a steady growth momentum. The regional GDP of 11 provinces and cities along the Yangtze River has accounted for more than 45% of the country. Fourth, focus on the key issues of improving people’s livelihood, solidly promote the equalization of basic public services, and significantly improve people’s living standards.

  While affirming our achievements, we should also clearly see the difficulties, challenges and outstanding problems we face.

  First, there is still some one-sided understanding of the development strategy of the Yangtze River Economic Belt. Over the past two years, the ideological understanding of leading cadres at all levels has been deepened, but some people’s understanding is not comprehensive and in-depth. Some people think that joint efforts to protect and develop will mean no development, and there is no dialectical view of the relationship between economic development and ecological environment protection. Some people are still influenced by the old ideas of pollution before treatment, destruction before repair, and think that "environmental costs still have to be paid" in the stage of catching up with development, and they don’t know enough about the importance of joint protection. Some environmental governance and restoration projects are slow to advance, and there are not many methods, and even delay prevarication for reasons such as lack of funds and difficulty in governance. This reflects that some comrades are not active enough and creative enough in grasping ecological environmental protection, and their ideological knot has not really been untied.

  Second, the ecological environment situation is still grim. The ecological function of the river basin is still seriously degraded. Dongting Lake and Poyang Lake, which are "two kidneys" of the Yangtze River, frequently dry to the bottom, and nearly 30% of the important lakes and reservoirs are still in a state of eutrophication, and the biological integrity index of the Yangtze River has reached the worst "no fish" level. The industrial development along the Yangtze River has a large inertia, and the pollutant discharge base is large. The discharge of wastewater, chemical oxygen demand and ammonia nitrogen accounts for 43%, 37% and 43% of the country respectively. The problems of indiscriminate occupation and abuse, occupation without use, more occupation with less use and extensive utilization of the coastline and ports of the Yangtze River are still outstanding. The hidden dangers of environmental risks in the river basin are prominent. 30% of the environmental risk enterprises in the Yangtze River Economic Belt are located within 5 kilometers around the drinking water source, and the production, storage and transportation areas are alternately distributed. The annual throughput of dangerous chemicals in trunk ports reaches 170 million tons, exceeding 250 kinds, and the transportation volume is still growing at an annual rate of nearly 10%. At the same time, some new problems have emerged, such as the illegal dumping of solid hazardous waste across regions, the intensification of hidden dangers of the transfer of polluting industries to the middle and upper reaches, and so on.

  Third, the system and mechanism of coordinated protection of ecological environment need to be established and improved urgently. The working mechanism of unification, separation and overall linkage is not perfect, the ecological environment protection system is not perfect, the construction of market-oriented and diversified ecological compensation mechanism is slow, the hard constraint mechanism of ecological environment has not been established, and the process of protecting the Yangtze River by law is lagging behind. The coordinated management of ecological environment is weak, and it is difficult to effectively adapt to the requirements of integrity management of the whole basin.

  Fourth, the problem of unbalanced and uncoordinated river basin development is prominent. The Yangtze River Economic Belt spans the eastern, central and western parts of China, with great differences in regional development conditions, infrastructure, public services and people’s living standards. The task of getting rid of poverty in the Three Gorges reservoir area, the flood storage and detention area in the middle and seven concentrated contiguous poverty-stricken areas is still very arduous. Regional cooperation is more virtual than real, urban agglomeration lacks coordination and driving force.

  Fifth, the subjective initiative of relevant parties needs to be improved. The scale of funds specially arranged by the central government for ecological environmental protection in the Yangtze River Economic Belt is not large, and the degree of overall planning and overall efficiency of relevant departments involved in ecological environmental protection funds arrangement in the Yangtze River Economic Belt are not strong. Local investment and enthusiasm are lacking, and the support of policy finance and development financial institutions is insufficient. The participation of enterprises and social capital is not high. The contingent of cadres is inadequate, publicity and education are not in place, and the training and exchange of talents are also insufficient.

  The second question: several relations that need to be correctly grasped to promote the development of the Yangtze River Economic Belt.

  Now, China’s economy has shifted from a high-speed growth stage to a high-quality development stage. Under the new situation, the key to promote the development of the Yangtze River Economic Belt is to correctly grasp the relationship between overall promotion and key breakthroughs, ecological environment protection and economic development, overall planning and long-term success, breaking old kinetic energy and cultivating new kinetic energy, self-development and coordinated development, adhere to the new development concept, adhere to the general tone of striving for progress while maintaining stability, and strengthen reform and innovation, strategic overall planning and guidance, so as to make the Yangtze River Economic Belt a new force leading the high-quality development of China’s economy.

  First, correctly grasp the relationship between overall promotion and key breakthroughs, and comprehensively do a good job in the protection and restoration of the Yangtze River ecological environment. To promote the development of the Yangtze River Economic Belt, the premise is to adhere to ecological priority, put the restoration of the Yangtze River ecological environment in an overwhelming position, and gradually solve the problem of overdraft of the Yangtze River ecological environment. Therefore, it is necessary to focus on the integrity of the ecosystem and the systematicness of the Yangtze River basin, coordinate ecological elements such as landscapes, forests, fields, lakes and grasses, and implement ecological restoration and environmental protection projects. It is necessary to adhere to the overall promotion, enhance the relevance and coupling of various measures, and prevent the heavy and light, single-handedly rushing, and paying attention to one thing. It is necessary to persist in key breakthroughs, grasp the main aspects of major contradictions and contradictions on the basis of overall promotion, take targeted and concrete measures, and strive to achieve the integration of overall and local conditions, the combination of radical treatment and palliative treatment, and the convergence of gradual progress and breakthrough, so as to achieve the unity of overall promotion and key breakthroughs.

  In recent years, all parties concerned have done a lot of work around the protection and restoration of the ecological environment of the Yangtze River, but the task is still very arduous. We need to analyze the reasons further. Chemical pollution control is related to water environment control and solid waste control. Is there any synergy in the process of grasping? When grasping major ecological restoration projects such as wetlands, did you first look for the reasons from the source from the perspective of the integrity of the ecosystem, especially the relationship between rivers and lakes, and then implement the control measures after designing the system? I saw a report that Jialing River is an important tributary of the upper reaches of the Yangtze River and an important drinking water source for more than 10 cities in Sichuan and Chongqing. The ecological barrier strategy is of great significance. However, after more than 30 years of development, a large number of mining and smelting enterprises have been laid out in the upper reaches of Jialing River, forming more than 200 tailings ponds, which pose a great threat to the ecology along the river. Some cities located at the dividing point of the upper and middle reaches of Jialing River reflect that although they insist on ecological priority and step up prevention and control, they still suffer from imported pollution, and the drinking water safety of hundreds of thousands of people in urban areas and towns along the Yangtze River is frequently threatened. From this situation, it can be seen that at present, the ecological environment protection and restoration work in the Yangtze River is mostly "seeking a domain", and there are many "passive" key breakthroughs; It is insufficient to "seek the overall situation" and less to "actively" promote the whole. This requires a correct grasp of the relationship between overall promotion and key breakthroughs, based on the overall situation, making decisions before moving, and striving to achieve remarkable results.

  I said that "the Yangtze River is sick" and it is not very sick. To cure the "Yangtze River Disease", we must scientifically apply the holistic view of TCM, trace the source, diagnose the cause, identify the root of the disease, classify policies and systematically treat it. This should be the first move for the Yangtze River Economic Belt to jointly protect and not develop. Starting from the integrity of the ecosystem and the systematicness of the Yangtze River basin, we should carry out a general survey of the ecological environment of the Yangtze River, systematically sort out and master all kinds of ecological hidden dangers and environmental risks, do a good job in evaluating the carrying capacity of resources and environment, and make a general physical examination of the mother river. In view of all kinds of ecological hidden dangers and environmental risks found, according to the concept that mountains, rivers, fields, lakes and grasses are a living community, we should study and put forward the overall plan and action plan for systematically restoring and protecting the ecological environment from the source, and then make classified policies and key breakthroughs, and strive to get rid of the disease by expelling wind, relaxing muscles and activating blood, regulating viscera and dredging meridians. According to the orientation of the main functional area, it is necessary to clearly define the spatial management and control units that optimize development, focus development, restrict development and prohibit development, establish and improve a long-term mechanism for monitoring and early warning of the carrying capacity of resources and environment, and achieve "prevention of disease" so that the mother river will remain vibrant forever.

  Second, correctly grasp the relationship between ecological environmental protection and economic development, and explore new ways to jointly promote ecological priority and green development. To promote the Yangtze River Economic Belt to explore new ways of ecological priority and green development, the key is to properly handle the relationship between green mountains and green hills and Jinshan Yinshan. This is not only an inherent requirement to achieve sustainable development, but also a major principle to promote modernization. Ecological environmental protection and economic development are not contradictory, but dialectical unity. In the final analysis, the success or failure of ecological environment protection depends on the economic structure and economic development mode. Economic development can’t exhaust resources and ecological environment, and ecological environment protection is not to abandon economic development and seek fish from trees. We should adhere to protection in development and development in protection, realize the coordination of economic and social development with population, resources and environment, and make green mountains and green mountains produce great ecological, economic and social benefits.

  To promote the green development of the Yangtze River Economic Belt, we must first solve the problem of ideological understanding, especially the ecological environment protection and economic development can not be separated, let alone opposed. We must resolutely abandon the practice of exchanging temporary economic development at the expense of the environment. Some comrades do not have a clear understanding of the potential needs contained in ecological environmental protection, and they do not know the supply and new growth points that these needs may inspire, and they do not explore the path and method of transforming green mountains and green mountains into Jinshan Yinshan. We must make a fundamental change in our ideological understanding and concrete actions.

  I saw a report from Xinhua News Agency that a Linjiang chemical enterprise located in the Shishou section of the Yangtze River "Jiuqu Ileum" ranks among the top three in the world in terms of industrial scale, and it is also a large local taxpayer, but the serious pollution problem has been difficult to solve for many years, and the people around it are miserable. In the past two years, the environmental protection department has made a serious investigation and issued the "biggest environmental protection ticket in history" in the Yangtze River basin of more than 27 million yuan, forcing enterprises to close production lines that are heavily polluted and difficult to transform, and invest about 100 million yuan to introduce the most advanced pollution control devices in the industry, which not only solved the pollution problem for many years, but also promoted the transformation and upgrading of enterprises, killing two birds with one stone. Lishui City, Zhejiang Province has adhered to the road of green development for many years, unswervingly protected the "golden rice bowl" of green water and green mountains, and strived to transform the value of ecological products contained in green water and green mountains into Jinshan Yinshan. The ecological environment quality, development process index and farmers’ income growth rate have ranked first in the province for many years, achieving coordinated progress in ecological civilization construction, poverty alleviation and rural revitalization.

  The Yangtze River Economic Belt should embark on a new path of ecological priority and green development. First, we should profoundly understand and grasp the connotation of joint protection, no development, ecological priority and green development. Grasping great protection and ecological priority together is the issue of ecological environmental protection, which is the premise; Not engaging in large-scale development and green development is about economic development, not the result; Grasp the great protection together, do not engage in great development, focus on the current and strategic methods; Ecological priority and green development emphasize the future and direction path, which are dialectical unity with each other. Second, we should actively explore ways to promote the transformation of green mountains and green hills into Jinshan Yinshan, select qualified areas to carry out pilot projects of eco-product value realization mechanism, and explore ways to realize the value of eco-products under the leadership of the government, the participation of enterprises and all sectors of society, market-oriented operation and sustainability. Third, we should thoroughly implement the rural revitalization strategy, fight hard against poverty, give full play to the advantages of rich rural ecological resources, attract capital, technology, talents and other elements to flow to the countryside, turn green mountains and green hills into Jinshan Yinshan, and drive the poor to increase their income.

  Third, correctly grasp the relationship between overall planning and long-term success, and unswervingly carry out a blueprint to the end. Promoting the development of the Yangtze River Economic Belt involves various fields of economic and social development, and it is a systematic project, and it is impossible to accomplish all its tasks in one battle. To do a good job in top-level design, we must have the realm of "I don’t have to be successful" and the responsibility of "I must be successful". We should carry out a blueprint to the end, grasp the results in a down-to-earth manner, and accumulate small victories for great victories.

  In recent years, through the joint efforts of the provinces and cities along the Yangtze River and relevant departments, the special treatment and pollution prevention have achieved phased results, especially the improvement of illegal docks. At the same time, we must guard against resurgence. According to media reports, the special rectification of illegal docks and illegal sand mining in the Yangtze River trunk line launched in 2015 has achieved good results. However, due to the strong demand for sand and gravel in the construction market recently, the rebound pressure of illegal docks in the Yangtze River is greater. Some departments have relaxed after long-term high-pressure supervision, and some illegal dock owners have secretly restarted their stoves in an attempt to resume construction. The results of illegal wharf and illegal sand mining control are hard-won, so a long-term mechanism must be established to resolutely prevent rebound. When I went to Sichuan for investigation, I saw that the ecological environment of Tianfu New District was very good. It takes overall planning and long-term efforts to achieve such results. I understand that the Chengdu section of Fuhe River, which I mentioned at the Chongqing symposium in 2016, is an important ecological corridor in Tianfu New District. In order to control the serious pollution problem, the local government, on the basis of doing a good job in top-level design, promotes the simultaneous efforts of sewage interception, dredging and water replenishment according to the time sequence requirements of one year’s pollution control, two years’ landscaping and three years’ development, and adopts measures such as landscape improvement and long-term management. It is planned to realize the sewage-free entry of the main stream and important tributaries into the river by the end of May this year. In 2015-2016, the overall water quality of the national control section of Fuhe Huanglongxi was worse than category 5, in 2017, it was category 5, and in the first two months of this year, it was category 4, and the overall trend was constantly improving. Therefore, after the top-level design is completed, as long as you knock one hammer after another,It is bound to be fruitful.

  At present and in the future, it is necessary to further implement the Outline of the Development Plan for the Yangtze River Economic Belt, organize a mid-term evaluation of the Outline of the Plan in light of the implementation situation and the new changes in the development environment at home and abroad, and adjust and improve the planning content according to the new situation and new requirements. In accordance with the requirements of "multi-regulation integration", on the basis of evaluating the carrying capacity of resources and environment and the suitability of land space development, we should promptly complete the delineation of the three control lines of ecological protection red line, permanent basic farmland and urban development boundary in the Yangtze River Economic Belt, scientifically plan the land space development and protection pattern, establish and improve the land space management and control mechanism, and use space planning to guide the space utilization tasks in water resources utilization, water pollution prevention, shoreline use and shipping development. Promote the pattern of economic and social development, the spatial layout of cities and towns, the adjustment of industrial structure and the carrying capacity of resources and environment, do a good job of coordination with the establishment of a negative list management system, and ensure the formation of the overall top-level synergy. It is necessary to formulate a clear timetable and road map for achieving the established goals, and make steady and steady progress step by step.

  Fourth, correctly grasp the relationship between breaking old kinetic energy and cultivating new kinetic energy, and promote the construction of a modern economic system in the Yangtze River Economic Belt. The driving force of development determines the development speed, efficiency and sustainability. It is necessary to solidly promote the structural reform of the supply side, promote the transformation of the development momentum of the Yangtze River Economic Belt, and build a modern economic system. The long-term accumulation of traditional backward production capacity along the Yangtze River is huge, with many risks and weak kinetic energy, and the inertia of following the traditional development model and path is huge. However, if we can’t actively and steadily resolve these old kinetic energy and reform and innovate the traditional development mode and path, it will not only squeeze and hinder the cultivation and growth of new kinetic energy, but also trigger the "black swan" incident and the "grey rhinoceros" incident if it is not handled well. The old ones don’t go, and the new ones don’t come. To promote the high-quality development of the Yangtze River Economic Belt, we should take the determination of a strong man to break his wrist and scrape the bones to heal the wounds, actively and steadily retreat to dissolve the old kinetic energy, get rid of the ineffective supply, completely abandon the old road dominated by investment and factor input, create conditions and leave room for the development of new kinetic energy, and then devote ourselves to cultivating and developing advanced production capacity, increasing effective supply, accelerating the formation of new industrial clusters, and breeding more good "birds" who eat less, lay more eggs and fly far, so as to realize cage exchange.

  The population gathered and the regional GDP created by the Yangtze River Economic Belt account for more than 40% of the country, and the total import and export volume accounts for about 40% of the country. It is the economic center and vitality of China. At the same time, we should also see that the high-density layout of heavy chemical industry along the Yangtze River has long been a gathering area of heavy chemical industry in China. It has been reported many times by the media that the problem of "chemical encircling the river" along the Yangtze River is prominent, especially the pollution of phosphorus chemical industry. From phosphate mining to the processing of phosphorus chemical enterprises to the generation of chemical wastes, the whole industrial chain has become a hidden worry of pollution in the Yangtze River. In addition, local governments are worried that excessive remediation efforts will affect fiscal revenue, thus affecting people’s livelihood investment, etc., and have always been afraid of difficulties in the supervision of chemical enterprises, resulting in increasingly serious total phosphorus pollution in tributaries and main streams of the Yangtze River. Since 2016, Yichang City, Hubei Province has realized the seriousness of "chemical encircling the river" to restrict urban development, and made up its mind to formulate a work plan for chemical pollution remediation, focusing on eliminating backward production capacity and resolving excess chemical production capacity, and promoting the "closing, transferring and moving" of 134 chemical enterprises along the river to prevent chemical pollution risks; On the other hand, the new space vacated by the old kinetic energy is used to cultivate fine chemical production capacity and guide the chemical industry to develop to the high end, and the economic development presents a new look. In 2017, the city’s energy consumption per unit GDP decreased by 7.14% and water consumption decreased by 13.7%. The water quality of major rivers was generally good, and the concentrations of PM10 and PM2.5 decreased by 9.3% and 6.5% respectively, and the regional GDP maintained steady growth.Practice has proved that it is promising to realize the conversion between old kinetic energy and new kinetic energy as long as the ideas are right and solid.

  To promote the high-quality development of the Yangtze River Economic Belt and build a modern economic system, we must adhere to the requirements of quality first and efficiency first, promote quality change, efficiency change and power change, accelerate the construction of an industrial system with coordinated development of real economy, scientific and technological innovation, modern finance and human resources, and build an economic system with effective market mechanism, dynamic micro-subjects and moderate macro-control. Among them, it is an important link to realize power change and accelerate power conversion. Correctly grasping the dialectical relationship between breaking old kinetic energy and cultivating new kinetic energy, we should not only keep a close eye on the new stage of economic development and the new frontier of scientific and technological development, but also unswervingly take cultivating and developing new kinetic energy as an important starting point to create new competitive advantages, and also unswervingly take breaking old kinetic energy as an important content to increase and develop new kinetic energy and cultivate overall strength, and actively create new economic growth poles. We should focus on implementing the innovation-driven development strategy and turn the unique advantages of scientific research and talents brought by the Yangtze River economy into development advantages. We must make great efforts to eliminate and shut down backward production capacity, and adopt various means such as raising environmental protection standards and strengthening law enforcement to force industrial transformation and upgrading and high-quality development. It is necessary to find new breakthroughs in comprehensive three-dimensional traffic corridors, new urbanization, and opening up to the outside world, and jointly enhance the development momentum of the Yangtze River Economic Belt. The Yangtze River Economic Belt is the main intersection of the "Belt and Road" in China. It should co-ordinate the opening of coastal areas, along the Yangtze River, along the border and inland areas, realize organic integration with the "Belt and Road" construction, and cultivate new advantages in international economic cooperation and competition.

  Fifth, correctly grasp the relationship between self-development and coordinated development, and strive to build the Yangtze River Economic Belt into an organically integrated and efficient economy. As a basin economy, the Yangtze River Economic Belt involves many aspects such as water, roads, ports, shores, production and cities. It is necessary to correctly grasp the relationship between its own development and coordinated development by using the method of system theory. Every region and city in the Yangtze River Economic Belt should and must have the will to promote their own development, which is understandable. However, in the process of their respective development, we must set out from the whole, establish the idea of "playing a chess game", put their own development into the overall situation of coordinated development, and realize dislocation development, coordinated development and organic integration to form an overall synergy.

  At present, the problems of disorderly and inefficient competition and industrial isomorphism in the development of the Yangtze River Economic Belt are still very prominent. In some places, there are cases of encircling the site, grabbing resources, compartmentalizing and disorderly competition, and there are also problems such as grabbing development resources, lacking the spirit of cooperation, and destroying the connection and extension of the industrial chain. I often say that the cost of logistics in our country is on the high side, among which the transportation efficiency is not high. The main reason is that various modes of transportation develop in their own way, and various modes of transportation are not well coordinated and their structures are unbalanced and unreasonable. There are various types of transportation modes along the Yangtze River Passage, so attention should be paid to strengthening cohesion and coordination to improve overall efficiency. For example, the "intestinal obstruction" problem of the Three Gorges shiplock, which has been seriously restricting the navigation of the Yangtze River, can we find an effective solution from the overall situation of the comprehensive transportation system? Some experts have proposed to solve this problem once and for all by building a heavy-haul railway along the river. Whether it is feasible or not, we should pay close attention to demonstration and determination. For another example, can the three major urban agglomerations along the Yangtze River combine their location conditions, resource endowments and economic foundation in their respective development processes to study and put forward new goals and measures for differentiated and coordinated development in the "chess game" of high-quality development of the Yangtze River Economic Belt? When defining the orientation and direction of self-development, can major, medium and small cities base themselves on the orientation and direction of the whole urban agglomeration, find the key direction of their own misplaced development, and solve the problem of homogeneous development?It is necessary to seriously study and think about these issues. To promote the development of a huge aggregate, we must deal with the relationship between self-development and coordinated development, first solve the problem of ideological understanding, and then work hard from the aspects of institutional mechanisms and policy measures to do a good job in the "chess game" of regional coordinated development.

  Here, I’ll ask a few questions. First, we must deeply understand the essence of implementing the strategy of regional coordinated development. According to the orientation of main functional areas and the requirements of precise policies, fine measures and coordination mechanism, all regions should implement the strategy of regional coordinated development completely and accurately, promote the equalization of basic public services, achieve a relatively balanced access to infrastructure and greatly improve people’s living standards. Second, the leading group for promoting the development of the Yangtze River Economic Belt should give full play to its leading role, clarify what it wants, what it abandons, what it prohibits and what it does in terms of ecological environment, industrial spatial layout, port shoreline development and utilization, and comprehensive utilization of water resources, and on this basis, coordinate the enthusiasm of all localities along the Yangtze River. Third, it is necessary to improve the inter-provincial consultation and cooperation mechanism, and coordinate and solve the major issues of cross-regional infrastructure interconnection and river basin management, such as how to coordinate the development of various modes of transportation, reduce transportation costs, improve comprehensive transportation efficiency, optimize the use efficiency of existing coastlines, and solve the disorderly development of industries along the Yangtze River and port coastlines, and so on. Fourth, we should simplify administration and decentralize power, clean up local policies and regulations that hinder the rational flow of factors, clear market barriers, and promote the free flow and optimal allocation of labor, capital, technology and other factors across regions. It is necessary to explore some innovative arrangements for the fiscal and taxation system, introduce an intergovernmental negotiation and bargaining mechanism, and properly handle the relationship between local interests and regional interests.

  The third question: intensify efforts to promote the development of the Yangtze River Economic Belt.

  The 19th National Congress of the Communist Party of China made overall arrangements for promoting the development of the Yangtze River Economic Belt, and the Central Economic Work Conference made arrangements. In accordance with these arrangements, we should strengthen our confidence, be brave in taking responsibility, grasp the iron and mark the stone, and do a good job.

  First, strengthen organizational leadership. Leading comrades of party committees and governments at all levels, especially the top leaders of the party and government, should strengthen the "four consciousnesses" and implement the leadership responsibility system, and must never engage in policies and countermeasures, let alone selective implementation. This is a major test of whether to maintain a high degree of consistency with the CPC Central Committee. The leading group for promoting the development of the Yangtze River Economic Belt should guide the implementation of the development strategy of the Yangtze River Economic Belt in a unified way, coordinate major issues across regions and departments as a whole, supervise and inspect the implementation of important work, and take firm responsibility, conduct pressure and strengthen assessment on key tasks and major policies. All relevant departments should perform their duties, take the initiative to check the table and act positively to help local governments solve problems encountered in their work in a timely manner. The party committees and governments of 11 provinces and cities along the Yangtze River should strengthen their leadership, enrich their work classes, compact their responsibilities, improve their work style, and ensure that their work is in place.

  Second, mobilize all forces. "People are United, Taishan moves." Promoting the development of the Yangtze River Economic Belt is not only the responsibility of the party committees and governments along the Yangtze River, but also the common cause of the whole society. It is necessary to speed up the formation of a pattern of joint protection and no development with the participation of the whole society, and mobilize and unite all forces more effectively. To strengthen the interaction and cooperation between the upper, middle and lower reaches, the lower reaches should not only contribute technology, but also promote cooperation in green industries and promote the flow of talents, capital and technology from the lower reaches to the upper and middle reaches. It is necessary to encourage and support all kinds of enterprises and social organizations to participate in the development of the Yangtze River Economic Belt and increase investment in human, material and financial resources. The Three Gorges Group should play its due role and actively participate in the ecological restoration and environmental protection construction of the Yangtze River Economic Belt.

  Third, strengthen institutional mechanisms. It is necessary to implement the management system of overall planning by the central government, overall responsibility by the provinces and implementation by cities and counties. At the central level, it is necessary to do a good job in top-level design, mainly to manage two ends, one is to create conditions for local governments in terms of policies and funds, and the other is to strengthen the overall coordination, supervision and inspection of strategic affairs in the whole basin and across regions. At the provincial level, it is mainly to connect the preceding with the following, translate the major policies and decision-making arrangements of the CPC Central Committee into implementation plans, strengthen guidance and supervision, and promote the work. At the city and county level, it is mainly based on local conditions to promote the work to take root.

  Fourth, stimulate endogenous motivation. It is necessary to strengthen special training for leading cadres of relevant departments, provinces and cities along the Yangtze River and related enterprises, improve their ideological understanding of adhering to ecological priority and green development, and form a sense of action to jointly protect and not develop. It is necessary to implement the main responsibility of the government, strengthen the responsibility of enterprises, internalize the external cost of ecological environment destruction according to the principle of "polluter, polluter", and encourage and force enterprises to spontaneously promote transformation and upgrading. We should do a good job in propaganda and public opinion guidance, and create a good atmosphere for advocating ecological civilization. We should give full play to the enthusiasm, initiative and creativity of the broad masses of the people and jointly protect the mother river.

  Comrades! Promoting the development of the Yangtze River Economic Belt is not only a tough battle, but also a protracted war. We must strengthen our confidence, stick to our goals, work hard for a long time, and work together to implement the development strategy of the Yangtze River Economic Belt!

Speed reading the government work report

  On the morning of the 5th, the first session of the 14th National People’s Congress opened in the Great Hall of the People, and Li Keqiang, Premier of the State Council of the People’s Republic of China made a government work report to the conference.

  Review of major achievements in the past year

  2022 is an extremely important year in the history of the party and the country, and China’s development has made extremely hard-won new achievements.

  ■ The annual GDP increased by 3%.

  ■ 12.06 million new jobs were created in cities and towns.

  ■ Consumer prices rose by 2%.

  ■ The grain output was 1.37 trillion Jin, an increase of 7.4 billion Jin.

  ■ The new tax reduction and fee reduction exceeded 1 trillion yuan, and the tax deferred fee was more than 750 billion yuan.

  ■ Exempt the national student loan interest of college graduates with financial difficulties in 2022 and allow the repayment of principal to be postponed.

  ■ The overall employment situation remains stable and economic growth is stabilizing.

  Review of major achievements in the past five years

  ■ GDP has increased to 121 trillion yuan, with an average annual growth rate of 5.2% in five years.

  ■ More than 12.7 million new jobs are created in cities and towns annually.

  ■ The investment intensity of R&D funds in the whole society has increased from 2.1% to more than 2.5%.

  ■ The operating mileage of high-speed railway has increased from 25,000 kilometers to 42,000 kilometers, and 1.25 million kilometers of rural roads have been newly built and rebuilt.

  ■ The total import and export volume of goods increased by 8.6% annually, exceeding 40 trillion yuan, ranking first in the world for many years.

  ■ The number of participants in basic old-age insurance increased by 140 million, covering 1.05 billion people.

  ■ Successfully held a simple, safe and wonderful Beijing Winter Olympics and Paralympic Winter Games.

  ■ A major decisive victory was achieved in the prevention and control of epidemic situation in COVID-19.

  ■ The per capita financial subsidy standard for medical insurance for urban and rural residents has been raised from 450 yuan to 610 yuan.

  ■ Pursue centralized procurement of drugs and medical consumables, and reduce the cost burden by more than 400 billion yuan.

  ■ Implement the three-child birth policy and supporting measures.

  Main expected development goals and key work suggestions in 2023

  ■ GDP growth of about 5%.

  ■ There are about 12 million new jobs in cities and towns, and the urban survey unemployment rate is about 5.5%.

  ■ Consumer prices rose by about 3%.

  ■ Residents’ income growth is basically synchronized with economic growth.

  ■ Import and export promote stability and quality improvement, and the balance of payments is basically balanced.

  ■ Grain output has remained above 1.3 trillion Jin.

  ■ Energy consumption per unit of GDP and emissions of major pollutants continue to decline.

  ■ Give priority to restoring and expanding consumption.

  ■ Increase the income of urban and rural residents through multiple channels.

  ■ Promote the construction of foreign-funded landmark projects.

  ■ Effectively prevent and resolve the risks of high-quality head housing enterprises, improve the balance sheet, prevent disorderly expansion, and promote the steady development of the real estate industry.

  ■ Support the demand for rigid and improved housing and solve the housing problems of new citizens and young people.

  ■ Vigorously develop vocational education and promote innovation in higher education.

  ■ Promote the expansion and sinking of high-quality medical resources and the balanced regional layout.

Sichuan Luding earthquake relief work was carried out intensively and orderly.

On September 6, in Luqiao Town, Luding County, Sichuan Province, the medical staff of Sichuan Provincial People’s Hospital went to Luding Medical Team to receive the wounded transferred by helicopter. Wang Mingfeng Lan Changwen’s photo report

On the evening of September 5, firefighters were transferring the trapped people at the entrance of Lianhe Village Tunnel in Detuo Town, Luding County, Sichuan Province. Wang Mingfeng and Chen Zhaobo’s photo report

On September 6th, due to serious road damage, members of the 2nd Squadron of the Special Service Brigade of Sichuan Forest Fire Brigade walked to Da Vucko Village in the depths of Yanzigou, Moxi Town, Luding County to search for the trapped people. Song Haoxin Zeng Peng’s photo report

  Beijing, 6 Sep. The reporter learned from the press conference of the frontline joint headquarters of the "9.5" Luding earthquake in Sichuan Province that as of 14: 00 on the 6th, the earthquake had killed 66 people (including 38 in Ganzi Tibetan Autonomous Prefecture and 28 in Ya ‘an City), 15 people lost contact and 253 people were injured (including 5 seriously injured and 70 seriously injured).

  According to reports, as of 7: 00 on the 6 th, the earthquake caused a total of 334 base stations to be retired, and 77 base stations have been rushed to recover; The optical cable was damaged by 134 kilometers and has been robbed for 29 kilometers; Communication interruption business affects 16,000 households. The earthquake also caused 15 rural roads to be blocked and 4 roads have been rushed through. After the earthquake, the first tributary of Dadu River, Wandong River, was cut off, forming a dammed lake. At present, there have been more natural discharges, the risks are generally controllable, and the threatened people have been evacuated.

  On the 6 th, all levels and departments continued to spare no effort in disaster relief.

  The reporter learned from the Emergency Management Department that the working group of the State Council Earthquake Relief Headquarters arrived in Sichuan in the early morning of the 6th, and immediately went deep into Moxi Town of Luding County and Shimian County, which was seriously affected by the earthquake, to inspect the disaster situation and guide the earthquake relief work. The working group demanded that saving lives should be the primary task at present, and the 72-hour golden rescue period should be seized, and the injured should be treated with all efforts, and the people who lost contact should be searched as much as possible; It is necessary to do a good job in aftershock monitoring and secondary disaster prevention to avoid new casualties; It is necessary to properly resettle the affected people, pay close attention to the allocation and distribution of basic relief materials, and do everything possible to ensure the basic livelihood of the affected people; It is necessary to do a good job in the prevention and control of epidemic situation in disaster areas to ensure that there is no major epidemic after the disaster; It is necessary to restore road traffic to the hardest hit areas as soon as possible, and speed up the progress of emergency repairs such as water supply, power supply, gas supply and communication.

  According to reports, as of 18: 00 on the 6th, the Emergency Management Department has dispatched more than 1,700 national comprehensive fire rescue teams, more than 370 fire engines and engineering vehicles, more than 190 emergency rescue teams for production safety, 98 natural disaster engineering rescue centers (China Anneng) with 31 sets of equipment, more than 370 social emergency forces, 9 aviation rescue helicopters and 3 unmanned aerial vehicles to the site to carry out work.

  The Seismological Bureau of China sent more than 160 field teams to carry out earthquake monitoring, intensity evaluation and earthquake damage investigation.

  The National Health and Wellness Commission organized medical and health forces, sent more emergency medical rescue teams, and sent a national critical illness expert group to the disaster area to guide the treatment of the wounded. As of 14: 00 on the 6th, the Red Cross Society of China has allocated more than 11,000 pieces of relief materials to the earthquake, with the value of more than 4 million yuan. More than 120 relief teams and search and rescue team members have been dispatched to the disaster area to carry out rescue and assistance.

  As of 0: 00 on the 6th, the water conservancy department of Sichuan Province dispatched 283 teams with 1,327 people to inspect reservoirs, hydropower stations and dikes.

  On the 5th, more than 1,000 officers and men of Sichuan Armed Police Corps rushed to the epicenter. On the 6th, several rescue forces of Sichuan Armed Police Corps continued to go deep into Gonghe Village, Mozigou Village and Zandi Village of Moxi Town in Luding County to transfer the affected people. By 16: 00 on the 6th, officers and men of Sichuan Armed Police Corps had robbed 2.9 kilometers of access roads, built 4 simple temporary bridges, evacuated and transferred 1,855 people, treated 274 wounded people, made more than 1,300 medical rounds, searched and rescued 37 trapped people, inspected more than 700 houses, set up 528 tents, carried 81 tons of materials, and destroyed 15,000 square meters of environment.

  On the 5th, the Sichuan Provincial Department of Finance allocated 50 million yuan to Ganzi Prefecture, 50 million yuan to Ya ‘an City, 20 million yuan to Ganzi Prefecture and Ya ‘an City for emergency disposal of earthquake secondary geological disasters, and 20 million yuan for provincial geological disaster prevention and control subsidies. The Sichuan Provincial Emergency Management Department allocated 83,580 provincial-level relief materials to support the rescue and resettlement work in disaster areas.

  Up to now, all the affected people in the disaster areas have been transferred and resettled. At present, the market of daily necessities in Ganzi and Ya ‘an is generally stable, with sufficient supply and good order. The work of comprehensively investigating secondary disasters, rushing through infrastructure and carrying out insurance claims is progressing steadily.

Scarsgaard: It’s weird and surreal to return to The Clown 2.


1905 movie network news The most popular horror movie in 2017 is "The Clown Comes Back to Soul", and the one that has attracted much attention is currently being filmed in Toronto. This sequel invited Jessica Chastain, James McAvoy, Bill Hadell and other big-name stars to join us. They will play an important role in the adult version of the Loser Club, but the only constant is Bill Skarsgard, who plays the clown in the first episode.


According to Indiewire, the 27-year-old actor recently said that it was "weird and surreal" to return to The Clown 2 because Pan Nevis has become a pop culture icon. Scargard said: "When I made the first film, no one knew what I would do, so I had all my expectations." "I don’t know if my role and performance will work, or whether people will. This time, because movies have become a phenomenon, I almost have to adapt myself again. "


Since The Clown Comes Back to the Soul was released last year, the role of Pan Nevis has been so popular that even lebron james dresses up as a clown on Halloween.


"The image of the clown has become completely universal, it’s not me, and I can’t even be associated with it anymore," Scargard said. "Now I’m going back to play it, which is really strange." But he also said that he soon rediscovered Peng Nevis in the rehearsal and rehearsal. "I will see him again soon, just like yesterday, and everything is there. Therefore, it is very intuitive to prepare and discover this role. This is really cool and a strange thing, but I try my best to enjoy this journey. "


After Chastain and mcavoy joined in, Scarsgaard said frankly, "It’s strange and bizarre, because they are really superstars and will come into your life." "They entered the film like me, the director and the children did, and joined the team in some way. They were very excited and we had a good time. For everyone, this will be a completely different shooting experience, and of course, it will be very interesting. They are all cool and talented people, so I think they will bring a lot of benefits to this film. "


Based on Stephen King’s American best-selling novel, The Clown Comes Back to the Soul tells the story of evil clowns endangering the world and children fighting together. After its release in September last year, this low-budget horror film created 327 million North American box office at a cost of 35 million US dollars, breaking a number of box office records and becoming one of the top 10 domestic movies in North America in 2017. As last yearThe most profitable movie, with its high reputation, is also regarded as a new classic of horror movies by fans.


For the sequel, Warner Bros. has confirmed that "The Clown Back to Soul 2" will be officially released on September 6, 2019.


Repeated infusion of CAR or TCR mRNA- nanoparticles -T cells subsided the disease.

CAR-TOr TCR-T is discouraged? Repeated infusion of specific CAR or TCR mRNA- nanoparticles -T cells can alleviate the disease.

Engineering chimeric antigen receptor (CAR) or T cell receptor (TCR) is helpful to create disease-specific T cells for targeted therapy, but the cost and rigor of manufacturing engineering T cells in vitro may be prohibitive, so programming T cells in vivo may be a feasible alternative. An injectable nanocarrier is reported here, which delivers in vitro transcribed (IVT) CAR or TCR mRNA for instantaneous reprogramming of T cells to recognize disease-related antigens. In mouse models of human leukemia, prostate cancer and hepatitis B-induced hepatocellular carcinoma, repeated infusion of these polymer nanocarriers can induce enough host T cells to express tumor-specific CAR or virus-specific TCR, thus leading to disease regression, and the level is similar to that of in vitro engineered lymphocytes. Considering that they are easy to manufacture, distribute and manage, these nanocarriers and related platforms may become treatments for many diseases.

Adoptive T cell therapy is an effective method to treat cancer or infectious pathogens by genetic modification of T cells obtained from patients or donors, which has been supported by a large number of clinical trials and showed impressive results. However, the complexity and high cost of making customized T cell products for each patient, rather than preparing drugs in batches in a standardized form, make it difficult to compete with first-line treatment schemes such as small molecule drugs or monoclonal antibodies. At present, most CAR-T and TCR-T cells are manufactured through complicated processes, including: (i) white blood cell separation, and T cells are extracted from patients who are connected to the separator through two venous catheters for several hours. This is uncomfortable for patients, will generate a lot of money costs, and may eventually limit the large-scale adoption of autologous T cells; (ii) activation and transduction of T cells; (iii) expanding the transduced T cells in a tissue culture medium supplemented with cytokines for about 2 weeks; (iv) T cells are washed and concentrated before administration. For T cell products produced in central facilities and transported to remote treatment centers, cells must be frozen; (v) Every batch of CAR-T products needs to be tested for quality control and release. The whole process must be carried out under GMP-compliant environmental control conditions, and the maintenance and operation costs are very high. Because every CAR-T product is made of the starting material (T cells) of the patient to be treated, there is no economies of scale.

In vitro transcription (IVT)mRNA has become a subversive new drug, which can be used to directly encode protein related to treatment in vivo. The synthesized mRNA molecules can be designed and operated quickly, and mass-produced relatively economically and efficiently. In the past few decades, scientists have learned how to optimize mRNA from pharmacology and immunology, so that it can be used in clinical applications more like drugs.

Here, we explore using mRNA as an injectable drug to reprogram circulating T lymphocytes to express disease-specific receptors instantaneously, thus bypassing the need to extract and culture lymphocytes from patients (Figure 1). In order to protect the therapeutic load and accurately target it to T cells, biodegradable polymer nanocarriers were developed. First, it was proved in vitro that the application of a single nanoparticle can use CD19-specific 1928z CAR(FDA approved for the treatment of B-cell lymphoma) or HBcore18-27 TCR for HBV core antigen (currently in the phase I study for the treatment of patients with HBV-related hepatocellular carcinoma; NCT03634683) routinely transfected more than 70% of cultured T cells. T cells transfected with nanoparticles instantaneously express these CAR transgenes or TCR transgenes on their surfaces for an average of 7 days. In-situ xenotransplantation mouse models of lymphoma, prostate cancer and HBV-induced hepatocellular carcinoma have proved that mRNA particles encoding CAR or TCR can genetically reprogram circulating T cells when given regularly, so as to induce similar therapeutic effects to traditional adoptive transfer T cells transduced by virus in vitro.

24661679546713740

Fig. 1 is a schematic diagram of how to reprogram T cells in situ with IVT mRNA carried by polymer nanoparticles to express disease-specific CARs or TCRs. The surface of these particles is covered with ligands targeting cytotoxic T cells, so once they are injected into the circulation of patients, the transgene they carry can be transferred to lymphocytes, and the cells can be instantly programmed to express their disease-specific CAR or TCR on their surfaces.

At present, the insertion of CAR or TCR into lymphocytes by gene transfer is carried out in a special manufacturing workshop outside the patient’s body, but the process of transferring cells to and from the clean room and the gene transfer procedure itself are labor-intensive, costly and time-consuming. If engineered T-cell therapy reaches its promise of expanding to different populations of various cancer types, the economic and manufacturing challenges may increase.

Here, it is proved that mRNA nano-drugs can achieve effective cell therapy without side effects through the convenience of ready-made drugs. Just like traditional medicine, with this new treatment, patients can easily re-administer medicine as long as they need it.

CAROr TCR gene mRNA nanocarrier transfecting T cells.

In order to deliver IVT mRNA encoding disease-specific receptor gene to human lymphocytes, a biodegradable poly-β-amino ester (PBAE) polymer preparation was used as the carrier matrix (Figure 2a). The PBAE-447 polymer used in the research to concentrate mRNA into nanoparticles was originally developed by Jordan Green Laboratory of Johns Hopkins University. In the past ten years, the key features of PBAE have been widely described. PBAEs escape endosomes by protonation at low pH value, and osmotic pressure accumulates due to buffering, which leads to endosomes destruction. Qualcomm combinatorial library screening of PBAEs for nucleic acid delivery showed that the existence of tertiary amine improved the buffering capacity at low pH and promoted endosome escape. The ester bond in the main chain structure of PBAEs is hydrolyzed in aqueous solution, which makes the toxicity of PBAEs lower than that of other non-degradable cationic polymers, such as PEI, which is widely studied as a nucleic acid delivery carrier. Cationic PBAE self-assembled with anionic nucleic acid into nano-complex through electrostatic interaction (Figure 2b). By coupling anti-CD8 antibody to polyglutamic acid (PGA), the particles were electrostatically adsorbed to form a conjugate, which made the particles have cell targeting. The mRNA nanocarriers thus obtained can be freeze-dried for long-term storage. Before use, the granules were hydrated within a few seconds after adding sterile water to restore their original concentration. Particle tracking analysis (NanoSight NS300, Malven Panalytical) to characterize particles produced in ten independent batches (fig. 2c). The results show that the average particle size of PbAE/PGA-anti-CD8 nanoparticles is 106.9±7.2nm. The zeta potential is 4 2, and the encapsulation efficiency of mRNA detected by Qubit RNA HS kit is 90.9 6.2%. When the used nanoparticle formula PBAE: mRNA is 60: 1,

63611679546726815

Fig. 2 Design and manufacture of lymphocyte programming nanoparticles. A: Schematic diagram of T cell targeting IVT mRNA nanocarriers used in the experiment. In order to create a reagent that can modify primary T lymphocytes simply by contact (which is difficult to achieve by non-viral infection methods), polymer nanoparticles composed of four functional components are designed: (i) surface-anchored targeting ligands, which selectively bind nanoparticles to T cells and initiate rapid receptor-induced endocytosis to internalize them. Anti-CD8 antibody was used in the experiment. (ii) negatively charged coating, which shields the nanoparticles by reducing the surface charge of the nanoparticles, so as to minimize off-target binding. Because it has been widely used in drug delivery platform, PGA was chosen to realize this. (iii) a carrier matrix, which aggregates and prevents nucleic acids from being degraded by enzymes when they are in the endocytosis, but releases them once the particles are transported into the cytoplasm, thus enabling the translation of the encoded protein. Therefore, a biodegradable poly (β-amino ester) (PBAE) polymer formula is used, and its half-life in water is between 1 and 7 hours. (iv) Nucleic acid (IVT mRNA) wrapped in a vector and producing transient expression of disease-specific CAR or TCR. B: Describe how to make nanoparticles. C: particle size distribution, measured by NanoSight NS300 instrument.

Firstly, it is determined whether adding targeted IVT mRNA nanocarriers in human lymphocyte culture can stably transfect cells. In order to test this technique in clinical related systems, the nanoparticles were loaded with IVT mRNA encoding leukemia-specific 1928z CAR (Figure 3a-e). CD19 targeting receptor is the most researched CAR-T cell product. In the second example, IVT mRNA encoding high affinity HBV-specific TCR is provided here (Figure 3f-j). T cell therapy for chronic hepatitis B is a new method to restore antiviral immunity and cure infection. HBcore18-27 TCR against HBV core antigen was isolated from a HLA-A02.01 donor who had solved HBV infection. For 1928z CAR and HBcore18-27 TCR constructs, real-time quantitative PCR and flow cytometry were used to measure their expression levels in human T cells after transfection with single nanoparticles. It was found that the transgenic expression reached its peak at 24 hours after nanoparticles were exposed, and then gradually decreased (Figure 3a,f). It is worth noting that only nanoparticles functionalized with T-cell-specific antibodies (anti-CD8 or anti-CD3) can effectively deliver transgenes, while the gene expression produced by isotype control functionalized nanoparticles is close to the background level (Figure S1). This translates into a high level of expression on the surface of CAR or TCR, reaching a maximum on the second day.(75% 11% T cells express 1928z CAR, Figure 3b, C; On average, 89 4% of T cells expressed HBcore18-27 TCR (fig. 3g,h). As expected, the receptor expression was transient. After 8 days of culture, the receptor expression of CAR and TCR decreased to 28 6% and 26 9% respectively. Next, the virus method was used to compare the functions (killing and cytokine production) of T cells transfected with nanoparticles and T cells designed with these receptors. In order to prove the specificity of tumor antigen, T cells transduced with CAR gene (P28z, targeting prostate specific membrane antigen) or TCR gene (MSLN-TCR, mesothelin specific) unrelated to tumor were used as control group. Using real-time IncuCyte? living cell analysis, it is impossible to measure the significant difference in the ability of T cells transduced by IVT mRNA to selectively lyse antigen-positive target cells (Raji lymphoma cells in 1928z CAR and HepG2 hepatoma cells in HBcAg stably transduced HBcAg for HBcore18-27 TCR) (Figure 3d,i). In addition, similar levels of effector cytokines secreted by T cells were also detected in the nanoparticle transfection group and the virus transduction group (Figure 3e,j).

58611679546737871

Fig. 3 IVT mRNA nanocarriers effectively transfect human T cells by CAR or TCR transgene. Isolated human CD8+T cells were stimulated by beads coated with antibodies against TCR/CD3 and CD28 receptor. After 24 hours, beads were removed, and CD8 targeted nanoparticles (NPs) containing mRNA encoding leukemia-specific 1928zCAR(a-e) or HBcore18-27 TCR(f-j) were mixed into the cell suspension at a concentration of 3 μ 3μg mRNA/10^6 cells. A: QCPR was used to detect the relative 1928z CAR mRNA expression of T cells exposed to 1928z CAR NPs over time. B: T cells were detected by flow cytometry at different time points after incubation with NPs carrying 1928z encoded mRNA. C: Summary chart of gene transfer efficiency in vitro. D: To compare the killing activity of T cells of nanoparticles and retrovirus transfection group on Raji lymphoma cells in vitro. T cells and Raji tumor cells were co-cultured in a ratio of 5:1. The IncuCyte living cell analysis system was used to quantify the immune cell killing of Raji NucLight red blood cells by T cells transfected with 1928z-CAR or control (P28z-CAR) over time. E: The secretion of IL-2(24h), TNF-α and IFN-γ(48h) was detected by e:ELISA.The HBcore18-27 TCR mRNA of f-j is the same.

5071679546752269

Fig. S1 CD3-targeted mRNA nanoparticles selectively transfect human T cells.

Recognition of leukemia by reprogramming host T cells with nanoparticles

Next, it is studied whether IVT mRNA NPs targeting lymphocytes can reprogram the circulating T cells, and the number is large enough to achieve tumor regression with similar effects as traditional methods. As the first in vivo test system, 1× 10 6 CD19+Raji cells expressing firefly luciferase were inoculated into immunocompromised NOD. CG-PRKDCSCID IL 2RGT M1WJL/SZJ (NSG) mice to establish leukemia model. Five days later, mice were recombined into 10× 10 6 CD3+human T cells, and nanoparticles loaded with the gene encoding 1928z CAR (50μg/ dose) were infused six times a week to produce leukemia-specific or control particles loaded with the mRNA encoding GFP (Figure 4a). According to the kinetics of in vitro measurement of CAR surface expression with IVT mRNA nanoparticles, a weekly administration regimen of nanoparticles was selected, which showed the expression of related receptors for 8 days (Figure 3b,c). In order to compare the efficacy of nanoparticle infusion with traditional adoptive T cell therapy, 5×10^6 T cells were transduced into another group of mice by lentivirus encoding 1928z CAR in vitro. This amount is equivalent to the higher dose of CAR-T cells used in clinical research at present. In clinical research, patients were treated with CAR-T cells weighing as high as 1.2×10^7 CAR-T kilogram. In another dosage regimen,The adoptive transfer of lentivirus-transduced CAR-T cells was combined with systemic injection of nanoparticles carrying control GFP mRNA to determine whether nanoparticle-mediated transfection damaged the anti-tumor function of T cells. The mice in the control group were either not treated or infused with untransformed human effector T cells. Tumor growth was continuously quantified by bioluminescence imaging and the difference of survival rate was monitored. It was found that the adoptive transfer of 1928z CAR-T cells engineered in vitro significantly improved the survival rate. Of the 10 mice, 6 tumors were eradicated, and the tumors of the other mice subsided, and the average 32-day survival rate increased (Figure 4b,c). This therapeutic benefit obtained by traditional adoptive T cell therapy is similar to the treatment of IVT mRNA nanoparticles which programmed the same CAR into lymphocytes in vivo, which achieved the eradication of 7 tumors in 10 mice and the average survival time of recurrent animals was 37 days (Figure 4c). Flow cytometry analysis of peripheral blood 2 days after the first administration showed that nanoparticles carrying 1928z effectively reprogrammed circulating T cells to identify leukemia cells (average 10% 4.3% CAR+CD8+, Figure 4d,e). As expected, the transient expression of these CARs lasted for one week (0.8 0.4% of CAR+CD8+T cells on the 7th day). It is worth noting that repeated doses of nanoparticles are as effective as the first injection, with an average of 10.7 3.6% gene transfer to host T cells (Figure 4e). This shows that,Although IVT mRNA is transient, it can be used as a platform for continuous in situ CAR expression in host lymphocytes.

67371679546762462

Fig. 4 CAR lymphocytes programmed with nanoparticles can lead to leukemia regression, and its curative effect is similar to adoptive t cell therapy. A: Timeline and administration scheme of nanoparticles (NP). B: sequential biological imaging of Raji lymphoma cells expressing firefly luciferase injected into NSG mice. C: The survival rate of animals after treatment is depicted as Kaplan-Meier curve. D: Flow cytometry of peripheral T cells before and after injection of nanoparticles carrying IVT mRNA encoding 1928z CAR. E: shows the percentage of CD8+T cells transfected by CAR after repeated infusion of 1928z CAR NPs. Each line represents an animal. The average transfection rate (SD) at each time point is displayed at the top.

Therapeutic response of hosts with normal immune function

In order to study how exclusive targeting limits the interaction of nanoparticles to circulating T cells and how it affects their fate, Ai14 reporter mice with complete immune activity were used. In this transgenic model, all cells contain a termination box flanking loxP, which prevents the transcription of tdTomato protein driven by CAG promoter. Only the cells that successfully transduced the mRNA encoding Cre recombinase (Cre) would cut off the termination cassette flanking loxP, resulting in permanent tdTomato transcription and then strongly amplified tdTomato expression. Firstly, the fluorescence of the whole organ in Ai14 mice was measured after injecting CD3-targeted (or isotype-controlled functionalized) nanoparticles carrying Cre mRNA. The gene expression mediated by non-targeted particles is the highest in the liver, while the gene transfer induced by lymphocyte-targeted nanocarriers is mainly in the spleen, lymph nodes and thymus (Figure 5a,b). Detailed flow cytometry analysis of spleen (Figure 5c) showed that CD3-targeted nanoparticles preferentially transfected T cells (8.1 1.9%) without affecting the activity. Other CD45+ subtypes, such as macrophages (3.2 1.5%), B cells (1.1 0.9%), neutrophils (0.3 0.2%) and DC cells (1.9 0.8%), have lower dtTomato signal levels.

97301679546776477

Fig. 5 Effective T cell targeting in mice with normal immune function. B6. CG-GT (Rosa) 26Sortm14 (CAG-TDtomato) Hze/J (AI Reporter) Mice were injected with 3 doses of nanoparticles containing 15μg mRNA encoding nuclear localization signal (NLS)-Cre intravenously every day. Nanoparticles were targeted to mouse T cells using full-length anti-CD3 MuIgG2a or IgG2a isotype control. Both antibodies were designed as LALAPG variants to eliminate Fc receptor binding and complement activation. 48h after the last injection, the organs were collected and the dtTomato fluorescence of the whole organs was measured by fluorescence IVIS imaging. Single cell suspensions of spleen and blood were labeled with antibodies against various immune cell subtypes and analyzed by flow cytometry. A: The representative dtTomato expression in organs under fluorescence IVIS imaging. B: Quantify the fluorescence signal of each organ. C: It shows the average SD percentage of immune CD45+dtTomato+ cell types in spleen. Macrophages (CD45+, CD11b+, MHCII+, CD11c?, Ly6C?/Low, Ly6G?), B cells (CD45+, B220+), T cells [CD4+T cells (CD45+, TCRβ+, CD4+, CD8-) and CD8+T cells (CD45) were detected.(CD45+, CD11b+, MHCII+, CD11c, Ly6G+) and DC cells (CD45+, CD11c+, CD11b, MHCII+).

Based on these distribution studies, it is then tested whether the measured number of mRNA nanoparticles redirected T cells is enough to reduce established cancers in fully immune hosts. To this end, Eμ-ALL01 leukemia cells expressing luciferase were injected into albino C57BL/6 mice (a model of B-cell acute lymphoblastic leukemia was established in mice with normal immune function), and bioluminescence imaging was used to quantify the difference of tumor progression between treatment groups (Figure 6a). Mice either received CD3-targeted nanoparticles to deliver mRNA encoding 1928z CAR of the whole mouse, or received GFP control (see Figure S2 for methods). The third group did not receive treatment. It was found that only infusion of nanocarriers encoding 1928z CAR could effectively control the progress of leukemia (Figure 6b,c). Compared with GFP control group, the tumor load was reduced by an average of 26 times after three weeks of treatment.

63831679546797070

Fig. 6 Anti-leukemia response of mice with normal immune function. A: Timeline and administration plan. B: signal intensity diagram of e-all 01 luciferase after nanoparticle injection. Each line represents an animal, and each point reflects the photon count of the whole animal. C: Sequential biological imaging of Eμ-ALL01 leukemia cells expressing firefly luciferase by systemic injection in albino C57BL/6 mice. Five representative mice from each group (n=10) are shown.

37551679546877741

Fig. S2 anti-CD3 mouse IgG2a LALA-PG and non-conjugator control.

Therapeutic response of solid tumor

In order to formalize that this technology is not only related to the treatment of hematological malignant tumors, but also related to the treatment of solid tumors, the ability of nanoparticles aimed at introducing prostate cancer-specific CAR gene into circulating host T cells to induce prostate cancer regression in mice was studied. Unlike leukemia cells, leukemia cells express high levels of CD19 antigen and are easily accessed by circulating lymphocytes, while solid malignant tumors are heterogeneous and protected. This means that some tumor cells will escape the recognition of targeted CAR and will be surrounded by immune suppression defense system, which may lead to T cell dysfunction. In fact, the whole genome/transcription analysis of 140 cases of prostate cancer metastasis was used to determine that prostate cancer lesions showed heterogeneous expression of three key cell surface proteins [prostate specific membrane antigen (PSMA), prostate stem cell antigen (PSCA) and receptor tyrosine kinase-like orphan receptor 1(ROR1)] in patients (Figure 7a). In order to summarize human diseases, LNCaP C42 prostate cancer cells were transplanted into the prostate dorsal lobe of NSG mice in situ (Figure 7c), and the cells showed heterogeneous expression of these key cell surface proteins (Figure 7b). In order to continuously monitor the tumor load by bioluminescence imaging, firefly luciferase (Fluc) was used to mark the tumor cells. After orthotopic transplantation, all the mice developed pathological changes repeatedly within three weeks (Figure 7c, right), and were reconstructed with human 10× 10 6 CD3+human T cells.And randomly assigned to different treatment groups or control groups (fig. 7d). Firstly, the therapeutic effect of systemic injection of 10 6 CAR+T cells transduced in vitro against tumor antigen ROR1 on tumor-bearing mice was tested. It was found that although anti-ROR1 CAR-T cells did not achieve tumor clearance, the survival rate of treated mice more than doubled (69 days compared with 32 days in untreated control group; Fig. 7d). In order to determine whether "ready-made" nano-preparations can achieve similar therapeutic effects, ROR1 CAR transgenic nanoparticles (50μg mRNA/ dose; Fig. 7e). Compared with the untreated control group, particle-induced CAR programming prolongs the survival time by an average of 40 days, which is similar to the survival benefit obtained by traditional adoptive T cell therapy (Figure 7d,f). Proper localization and persistence of T cells is a prerequisite for anti-solid tumor activity, so the frequency of ROR1 CAR-T cells infiltrating into prostate cancer over time was evaluated. The flow cytometry analysis of LNCaP C42 prostate cancer resected on the 4th, 7th and 11th days after T cell metastasis showed that T cells were infused into the tumor site by intravenous infusion (average 892 295 car+T cells /mg tumor tissue), but they could not grow (only 1.04 times the overall expansion between the 4th and 11th days; Fig. 7g,h). In addition, in-situ programmed CAR-T cells effectively penetrated into the tumor (average 648 240 CAR+T cells /mg tumor tissue)., and maintain a high level of CAR transgene (average 91 7 CAR+T cells /mg tumor tissue, Figure 7h) before downregulating the receptor. On the same day, the tumor lesions were infiltrated by freshly reprogrammed peripheral T cells after intravenous injection of ROR1 CAR-encoded mRNA nanoparticles (on the 11th day, the average was 1066 225 car+T cells /mg tumor; Fig. 7h), which summarizes the oscillation dynamics of T cell reprogramming induced by mRNA nanoparticles that have been observed in leukemia research (fig. 4e).

In order to determine the reason why adoptive transferred T cells and injected mRNA nanocarriers failed to completely eliminate the disease, the antigenic phenotype of recurrent prostate cancer was identified by flow cytometry. One of the most common escape strategies in cancer is to reduce the expression of target antigen, because CARs produces selective pressure. In preclinical and clinical studies, this phenomenon is reported as the cause of failure when adoptive T cells targeting only a single antigen are used to treat heterogeneous tumors (such as metastatic prostate cancer). It was found that compared with untreated LNCaP C42 prostate cancer expressing ROR1 tumor antigen at different levels, two treatment groups (adoptive transferred T cells or nanoparticle programmed T cells) finally produced ROR1 low/negative immune escape variants (Figure 7i).

85521679546888981

Fig. 7 IVT-mRNA nanocarriers encoding prostate cancer-specific CAR can improve the survival rate of mice with existing diseases. C: Three weeks after transplantation, LNCaP C42 prostate cancer was imaged by bioluminescence in vivo. The picture on the right is a representative photo of prostate dorsal lobe tumor (white arrow). D: Sequential biological imaging of LNCaP C42 prostate cancer cells expressing firefly luciferase transplanted into the prostate of NGS mice in situ. E: Timeline and nanoparticle administration scheme. F: the survival rate of animals after treatment, depicted as Kaplan-Meier curve. G: On the 11th day after treatment, the recovered cells of patients with prostate cancer were detected by multicolor flow cytometry. ROR1 CAR+T cells with adoptive transfer or in situ programming were identified by CD45 and the positive marker of c-myc labeled in the receptor. H: The absolute number of ROR1-CAR+T cells in the tumors isolated on the 4th, 7th and 11th day after the start of treatment. The total number of living cells (trypan blue negative) multiplied by the percentage of ROR1-CAR and CD45 positive. I: Flow cytometry was used to quantitatively detect the expression of ROR1 antigen on LNCaP C42 prostate tumor cells treated with CAR-T cells or ROR1 4-1BBz CAR NP.

HBVIn situ programming of specific T cells

The gene transfer of CARs encoding IVT mRNA can only target T cells to antigens located on the cell surface, so many tumor antigens or virus antigens in cells cannot reach these receptors. It has been proved in vitro that lymphocyte-targeted IVT mRNA nanoparticles can reprogram T cells with engineered TCR, which recognize intracellular HBV core antigen (HBcAg) in HLA background (Figure 3f–J). In view of the fact that more than 300 million people in the world are chronically infected with HBV, and a large number of them develop cirrhosis and liver cancer, it is obviously not feasible to tailor T cell products for each patient. As the first step to treat this disease with IVT mRNA technology, a mouse model of hepatocellular carcinoma (HCC) induced by HBV was established. After laparotomy, 1 million HepG2 cells stably transduced with HBcAg and luciferase were injected into the liver. All mice developed multifocal lesions repeatedly within 7 days (fig. 8a), when they were reconstructed with unstimulated 10× 10 6 CD3+human HLA-A*02:01 T cells, and received twice weekly infusion of nanoparticles loaded with mRNA encoding HBcore18-27 TCR (50μ g/dose) to produce HCC-specific or control particles loaded with mRNA encoding GFP. The mice in the third group were treated with a single dose of 10×10^6 CD3 T cells (HLA-A*02:01).The cells were transduced in vitro with retrovirus vector encoding HBcore18-27 TCR, and the control mice did not receive any treatment. Four days after the second nanoparticle administration (18th day), the liver was isolated to directly quantify the tumor load by bioluminescence imaging, and the single cell suspension was labeled with HBV C18-27 MHC I Pentamer to quantify the percentage of TCR-T cells expressing HBCore 18-27. It was found that enough HBcore antigen-specific T cells were programmed by nanoparticle injection to induce disease regression, and similar therapeutic effects could be achieved compared with engineered lymphocytes in vitro (compared with untreated controls, the photon count was reduced by 13 times and 18.9 times, respectively, Figure 8b,c). Flow cytometry of dissecting liver confirmed that the density of HBcore18-27 TCR-T cells in animals treated with engineered T cells in vitro was equal to that of in-situ programmed nanoparticles (Figure 8d,e).

53151679546901207

Fig. 8 In-situ programming of HBV-specific T cells using nanoparticles loaded with TCR transgenes. A: A xenograft tumor model of HCC mice induced by HBV was established. HepG2 cells stably transduced with HBcAg and luciferase were injected into the liver of NSG mice reconstructed with human T cells by surgery. Three weeks after implantation, HepG2 tumor was observed by bioluminescence imaging in vivo, and it was assigned to the nanoparticle group (50μg of mRNA encoding HBcore18-17 TCR six times a week) or the T cell treatment group (5×10^6 T cells were transduced with lentivirus encoding HBcore18-17 TCR mRNA vitro). B, c: quantification of bioluminescent liver signal after 6 weeks of treatment. D: Multicolor flow cytometry for recovering cells from the liver 18 days after the start of treatment. The adoptive transfer or in situ programming of HBcore18-27 TCR+ T cells were identified by the positive markers of CD45, CD8 and MHC Pentamer. The absolute number is shown in E. The total cell count of living cells (trypan blue negative) is multiplied by the percentage of HBcore18-27 TCR++,CD8+ and CD45+.

In a word, the results show that repeated infusion of T cell targeting polymer nanocarriers can deliver tumor-specific CAR or virus-specific TCR transgenes to a sufficient number of host T cells, and induce disease regression at a level similar to that of in vitro engineering lymphocyte mass injection.

TCell-programmed nanoparticles are biocompatible

Systematic administration of nano-drugs may cause infusion reaction in patients, which usually delays or stops clinical transformation. These reactions can be manifested as fever, chills, stiffness, rash, chest pain or dyspnea, and in rare cases, they can be fatal. Identifying the risk of infusion reaction early in the process of drug development is helpful to alleviate potential safety concerns after the product enters clinical trials, save time and money for developers, and avoid potential dangerous complications for patients.

The detection cascade scheme developed by NCL is used here, which can indicate the infusion reaction. Specifically, the influence of nanoparticles on complement activation (NCL method ITA-5.2), its hemolysis characteristics (ITA-1) and its influence on T cell oxidative stress (ITA-32) were analyzed. In order to study these effects of nanoparticle concentration in clinical correlation, the theoretical plasma concentration (TPC) was first calculated, which is an effective mouse dose (in the experiment: 50μg mRNA/ dose), and scaled to the equivalent human dose (=2.03μg mRNA/mL blood; Fig. 9a). In order to evaluate the effect of T-cell-targeted mRNA nanoparticles on red blood cells, the hemolysis test was carried out by measuring the release of hemoglobin by spectrophotometry after exposure to different concentrations of particles. The performance of hemolysis test was tested by negative (PBS) and positive (Triton-X) controls. It was found that the hemolysis rate of TPC particles was lower than 2% (the average was 1.21 0.26%, while that of PBS control was 0.7 0.11%; Fig. 9b), which is defined as non-hemolytic. Nano-particles also did not induce the activation of complement iC3b or Bb, while C4d was slightly higher than twice the determination threshold at TPC concentration (average 2.3 0.13%, compared with 1 0.003% in PBS control; Fig. 9c). Finally, mitochondrial oxidative stress was measured as the key determinant of nanoparticle-induced damage, because reactive oxygen species (ROS)Over-production will cause damage to organelles and DNA, and eventually lead to cell death. In addition, another consequence of ROS overproduction is the activation of cell signaling pathways that stimulate the expression of pro-inflammatory and fibrotic cytokines. Compared with PBS control, T-cell-programmed nanoparticles only induced a very mild increase in oxidative stress (average 3.6 0.2 times) (Figure 9d).

87831679546911186

Fig. 9 In vitro analysis of possible infusion reactions. A: calculation of theoretical plasma concentration. Hemolytic activity of b: t cells targeting mRNA nanoparticles. C: quantitative determination of complement activation by enzyme immunoassay. The 2-fold change relative to the negative PBS control is defined as the determination threshold (dotted line). Study on oxidative stress response of lymphocyte mitochondria after d: NP transfection.

Under the guidance of in vitro evaluation of the possible infusion reaction caused by T cell programming mRNA nanoparticles, a comprehensive toxicity assessment was conducted for rodents. Rats are the first rodent species to predict the toxicity of nucleic acid-based molecular therapy to human health, because their metabolic physiology (especially kidney and liver functions) is closer to humans than mice. SD rats (6-8 weeks old) were injected with a dose of nanoparticles carrying 100μg mRNA, which is equivalent to the rat dose of 50μg mRNA in mice, based on the standardization of body surface dose. These experiments were carried out using 1928z CAR nanoparticles. 1928z CAR recognizes human CD19, but does not cross-react with rat CD19 to ensure that the change of measured parameters can be attributed to nanoparticles rather than their reprogramming activities. The control group was injected with 25mM sodium acetate buffer (carrier control group) or not. After 48 hours, the animals were killed, blood samples were taken to determine clinical biochemical indexes, and gross anatomy was carried out. The following tissues were evaluated by pathologists certified by the Committee: lung, liver, heart, brain, kidney, spleen, bone marrow and duodenum. There were no histological changes attributable to nanoparticle drug therapy (fig. 10a). The few lesions noted are mild to mild, which are considered accidental and have nothing to do with the study. Two of the five rats in all groups had the least inflammatory infiltration in the liver. These tiny infiltrations are considered as background lesions and have nothing to do with treatment. Similarly, all groups have individuals with mild to mild chronic inflammation of renal pelvis.The chronic nature of the lesion is inconsistent with the acute treatment effect, so it is considered accidental. Compared with the control group, the whole blood platelet count of the animals in the nanoparticle treatment group was slightly lower (407 115 k/μ l and 290.4 56.3 k/μ l respectively; Fig. 10b). Compared with the control group, the animals in the nanoparticle group also had slight hypoglycemia (average 45.4 26 mg/dl and 78.3 69.8 mg/dl, respectively; Fig. 10c). All other serum chemical indexes (including liver function and renal function) of the rats treated with nanoparticles were similar to those of the control group, indicating that no systemic toxicity occurred. Serum IL-6 level moderately increased to an average of 16.5 pg/ml 5.9 pg/ml (Figure 10d), which can be considered as safe according to previous reports.

74891679546920326

Fig. 10 The infusion of nanocarriers has nothing to do with acute systemic toxicity. Female SD rats were intravenously injected with CD8-targeted IVT mRNA encoding 1928z CAR. After 48 hours, a pathologist certified by the Committee made a comprehensive histopathological evaluation and serum chemical analysis in a blind way. A: representative H&E stained sections of various organs isolated from control or nanoparticle-treated animals. B: blood cell count. C: serum chemistry. D: Detection of serum TNF-α, IL-1β and IL-6 cytokines.

summary

Although T cells modified by CAR and TCR have transformed a few hematologic cancer, it is obvious that their current clinical application only represents a small part of the possibility that this technology may provide. Theoretically, therapeutic T cells can treat malignant tumors and chronic infections with targeted antigens, as proved by a large number of preclinical reports. However, at present, the method of producing disease-specific T cells in vitro is very complicated and cannot support the treatment of a large number of patients, because a new lymphocyte cluster must be produced for each patient. In order to make it easier for patients to obtain T cell products, the field has turned to allogeneic technology to provide a larger scale and lower cost. Several clinical T cell companies have begun to test CAR-T cells, which are "ready-made" products made by healthy unrelated donors rather than patients. Although this method can treat cancer patients who can’t make autologous T cells because of their low lymphocyte count or poor T cell quality, it requires several extra cell engineering steps to prevent donor cells from attacking the host, which in turn prevents patients’ own T cells from rejecting the infusion products. This is usually done by multiple gene editing to remove natural TCR and HLA molecules from T cell products. However, these extra operations increase the complexity, time and cost of the manufacturing process, while reducing the cell yield and vitality. In order to prevent rejection, patients who receive universal CAR-T cells first severely suppress immunity through lymph depletion chemotherapy.This takes time and exposes patients to additional toxicity. Therefore, in vitro engineering of allogeneic cell products is unlikely to significantly increase the number of patients receiving T cell therapy, especially those patients with infectious diseases who need rapid intervention to keep the endogenous immune system intact.

Previously, an injectable DNA-based nano-reagent was described, which can program circulating T cells with leukemia-specific CAR transgene. In order to overcome the inherent low gene transfer of plasmid DNA, plasmid DNA must enter the nucleus to be transcribed into mRNA. The transposon/transposase system encoding CAR was loaded on nanoparticles, and the system was randomly inserted into the genome of the target cell. Although this study provides proof of concept that it is possible to program CAR-T cells in situ with injectable nano-reagents, it will be challenging to transform this DNA nano-drug into clinic for the following reasons: ① Unpredictable genotoxicity and expression kinetics. These nanoparticles stably integrate their therapeutic CAR transgenes into target cells, resulting in permanent genomic changes and unpredictable genotoxicity of various cell types. In addition, once nanoparticles are injected into patients, doctors cannot control the kinetics of CAR expression in vivo; ② The copy number of CAR gene related to each nanoparticle is low. The number of CAR genes that can be loaded into these DNA nanoparticles is limited by the size of the vector skeleton and promoter sequence, and the requirement of stable integration of transposase expression vectors. This greatly limits the efficiency of in-situ gene transfer, especially when trying to deliver large transgenes encoding TCRα and β chains; ③ Abundant tumor antigens are needed to expand the small population of in situ transfected CAR-T cells to the number related to treatment. This amplification period takes time,This is a disadvantage for patients with rapidly progressive diseases or definite solid tumors.

Here, we explore the use of IVT mRNA to quickly and specifically program antigen recognition ability into circulating T cells as a strategy to treat cancer and infectious diseases. Compared with DNA nanocarriers, the synthesized mRNA molecules can be directly translated into therapeutic target proteins without entering the nucleus, thus ensuring high transfection rate and rapid therapeutic effect. Their tailoring size (the actual CAR coding or TCR coding sequence in this study +276 bases of 5′ UTR and polyA region) leads to a high copy number per nanoparticle. In addition, because the delivered mRNA plays its role in cytoplasm, uncontrolled insertion mutation and promoter dependence are avoided. It is proved here that simply injecting well-designed mRNA nanocarriers can selectively introduce CAR gene or TCR gene into host T cells, and program them to make the number sufficient to cause disease regression, which is similar to the adoption method. Several ongoing clinical trials are testing the repeated infusion of in vitro engineered mRNA CAR-T cells (NCT01355965, NCT01897415, NCT02277522 and NCT02624258) in cancer patients, and the first data shows that the instantaneous CAR expression after cell infusion is enough to trigger an anti-tumor response.

Three important reasons why IVT mRNA has rapidly become a new adoptive T cell therapy tool are its inherent safety, efficient translation of recombinant protein and its ability to control the pharmacokinetics of treatment, which is similar to traditional small molecule drugs. In fact, the kinetics of T cells expressing CAR measured in mice after multiple doses is similar to the profile of drugs with a definite half-life (Figure 4e). This is in sharp contrast to the rather unpredictable T cell dynamics after the adoptive transfer of engineering T cells. In this case, the cell concentration in the blood rises to the highest, and then decreases within a variable period of several days to several months. Although in-situ programming has obtained the ability to control the pharmacokinetic characteristics of the therapy and reprogram the fresh population of host lymphocytes regularly, thus potentially bypassing some major obstacles in the wide application of T cell therapy (such as T cell failure and dysfunction, and long-term toxicity), this technology still has some limitations: (1) It depends on the existence of a sufficient number of functional T cells in patients. Lymphocytosis is common in patients with advanced cancer who receive a large number of chemotherapy drugs. Therefore, the patient’s blood is likely to need to be pre-screened before the clinical trial of ready-made nano-reagents. (2) The efficacy of drugs can be passivated by immune response. Because T-cell programmed nanoparticles are regularly injected into patients with intact immunity, anti-drug antibodies may be formed. For the clinical transformation of this technology, it is important to select a fully humanized CD8 targeting ligand.To provide CAR/TCR structure with low immune risk, and synthesize mRNA with pseudouridine (or N1- methyl-pseudouridine described recently) and 5- methylcytosine to reduce innate immune response.

In order to redirect circulating T cells to resident tumor cells in situ, several biotechnological drug manufacturers have developed bispecific antibodies, including BiTEs, DART and diabodies. Among them, blinatumomab (a CD19-specific BiTE) has shown encouraging results in the clinical study of patients with hematological malignancies. However, BiTEs must be continuously infused, which will produce systemic toxicity. In addition, like traditional monoclonal antibodies, BiTE does not undergo active biological distribution or self-expansion after infusion. In contrast, the gene modification system based on nanoparticles described here can produce new tumor-specific T cells, which, as a "living drug", actively locate at the target, increase in number and continuously destroy cancer cells. People’s interest in CAR-T cell therapy is still strong, so it is time to introduce ready-made nano-reagents as a competitive technology, which can quickly reprogram T cells, identify and destroy tumors without laboratory operation.

Before conducting clinical research on humans, we will refer to the FDA’s regulations on nano-drugs and expand cooperation with NCL to confirm the safety of nano-particles in large animal species. Different from the treatment methods established in clinic (such as small molecules or antibodies), CAR-programmed nanoparticles are multi-component three-dimensional structures, which require repeatable manufacturing processes to reliably realize the expected physical and chemical characteristics, biological behavior and pharmacological characteristics. The safety and effectiveness of this nano-drug may be affected by small changes in many parameters, which need to be carefully monitored, especially in the case of targeting unexpected sites and potential toxicity. In addition, compared with traditional drugs, nano-drugs need additional development and regulatory considerations.

Richards, M. FDA approves first cell-based gene therapy for adult patients with relapsed or refractory MCL. (2020).

Curran, E. & Stock, W. Taking a “BiTE out of ALL”: blinatumomab approval for MRD-positive ALL. Blood 133, 1715–1719 (2019).

Mueller, K. T. et al. Cellular kinetics of CTL019 in relapsed/refractory B-cell acute lymphoblastic leukemia and chronic lymphocytic leukemia. Blood 130, 2317–2325 (2017).

Beatty, G. L. et al. Activity of mesothelin-specific chimeric antigen receptor T cells against pancreatic carcinoma metastases in a phase 1 trial. Gastroenterology 155, 29–32 (2018).

Foster, J. B., et al. The emerging role of in vitro-transcribed mRNA in adoptive T cell immunotherapy. Mol. Ther. 27, 747–756 (2019).

Calmes-Miller, J. FDA approves second CAR T-cell therapy. Cancer Discov. 8, 5–6 (2018).

Parayath, N.N., et al. In vitro-transcribed antigen receptor mRNA nanocarriers for transient expression in circulating T cells in vivo. Nat Commun 11, 6080 (2020).

Smith, T. T. et al. In situ programming of leukaemia-specific T cells using synthetic DNA nanocarriers. Nat. Nanotechnol. 12, 813–820 (2017).

Kah, J. et al. Lymphocytes transiently expressing virus-specific T cell receptors reduce hepatitis B virus infection. J. Clin. Invest. 127, 3177–3188 (2017).

Providing powerful clean kinetic energy to generate electricity for Jiaba Hydropower Station has exceeded 300 billion kWh.

CCTV News:Today (September 27th), the Three Gorges Group announced that it is the fifth largest hydropower station in China — — The cumulative power generation of Xiangjiaba Hydropower Station in Jinsha River has exceeded 300 billion kWh. Since it was put into operation for 10 years, Xiangjiaba Hydropower Station has provided powerful clean kinetic energy for the development of the Yangtze River Economic Belt.

Xiangjiaba Hydropower Station is located in the lower reaches of Jinsha River at the junction of Yibin City, Sichuan Province and Shuifu City, Yunnan Province. Eight 800,000-kilowatt hydro-generator sets have been installed, with a total installed capacity of 6.4 million kilowatts and an average annual power generation of 30.747 billion kWh.

Duan Kailin, Director of Xiangjiaba Power Plant of Yangtze Power of Three Gorges Group;300 billion kWh is equivalent to reducing the consumption of standard coal by 90.45 million tons and reducing carbon dioxide emissions by 248.4 million tons.

Xiangjiaba Hydropower Station is the key project of China’s western development and the backbone power supply point of "West-to-East Power Transmission". It mainly supplies power to East China through 800 kV HVDC transmission lines, while partially retaining Sichuan power grid to support local economic development. In addition to power generation benefits, Xiangjiaba Hydropower Station also has comprehensive benefits such as flood control, shipping, irrigation, environment and society.

Planning development from the height of harmonious coexistence between man and nature (in-depth study and implementation of Socialism with Chinese characteristics Thought of the Supreme Leader in the

  Core reading

  On the new journey, we must adhere to the guidance of the supreme leader’s ecological civilization thought, accurately grasp the great significance and strategic task of planning development from the height of harmonious coexistence between man and nature, put the construction of beautiful China in a prominent position in the construction of a strong country and national rejuvenation, support high-quality development with a high-quality ecological environment, and accelerate the modernization of harmonious coexistence between man and nature.

  General Secretary of the Supreme Leader stressed at the National Ecological Environmental Protection Conference: "We should plan development from the height of harmonious coexistence between man and nature, constantly shape new kinetic energy and advantages of development through high-level environmental protection, and strive to build a green and low-carbon circular economy system, effectively reduce the resource and environmental costs of development and continuously enhance the potential and stamina of development." This is a new requirement for planning and promoting high-quality economic and social development based on the new stage of development, which reflects the deepening understanding of the laws of economic and social development and the laws of ecological civilization construction by the CPC Central Committee with the Supreme Leader as the core. On the new journey, we should adhere to the guidance of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, thoroughly study and implement the Supreme Leader’s ecological civilization thought, plan development from the height of harmonious coexistence between man and nature, promote the overall green transformation of economic and social development, and lay a solid ecological foundation for Chinese modernization.

  The great significance of promoting the harmonious symbiosis between man and nature

  The harmonious symbiosis between man and nature is directly related to human destiny. A history of the development of human society, in a sense, is a history of the development of the relationship between man and nature. Promoting the harmonious coexistence between man and nature is a wise choice made in the face of the increasingly prominent deep-seated contradiction between man and nature, one of the essential requirements of Chinese modernization, and one of the basic strategies for upholding and developing Socialism with Chinese characteristics in the new era.

  The harmonious symbiosis between man and nature is the cornerstone of human survival and development. In the view of Marxism, man and nature are an interactive and inseparable organic unity, which is manifested in the fact that nature provides sources of production and living materials and living environment for human beings, while human economic and social activities also profoundly affect the structure, function and evolution of nature. When human activities conform to the laws of nature and are within the tolerance of ecological environment, it will naturally promote human economic and social development; On the contrary, when human beings over-exploit and even cause harm to nature, human survival and development will become passive water and trees without roots. Man and nature are a community of life. Only by respecting, conforming to and protecting nature and balancing the relationship between man and nature can we continuously consolidate the foundation of human survival and development.

  Harmonious coexistence between man and nature is an important feature of Chinese modernization. In the process of human modernization, western developed countries generally take a road of pollution first and then treatment, which not only creates huge material wealth, but also accelerates the grab of natural resources and brings ecological environment destruction. Chinese modernization is the modernization of harmonious coexistence between man and nature. Our Party conforms to the people’s new expectations for a better life, establishes and practices Lucid waters and lush mountains are invaluable assets’s ideas, plans development from the height of harmonious coexistence between man and nature, promotes high-quality economic and social development and high-level protection of ecological environment in coordination, and has embarked on a civilized development path of production development, affluent life and good ecology.

  The harmonious symbiosis between man and nature is an important embodiment of the development and progress of human civilization. Ecological prosperity leads to civilization prosperity, while ecological decline leads to civilization decline. The degree of harmonious coexistence between man and nature is an important measure to measure the development and progress of human civilization. The industrial revolution has greatly improved the level of social productive forces and promoted the leap of human civilization from agricultural civilization to industrial civilization. However, alienated labor under capitalist private ownership sets the relationship between man and nature against each other, and the sustainable development of social productive forces lacks a solid foundation of natural productive forces. Socialist ecological civilization is an important embodiment of the development and progress of human civilization, and it is a reference and transcendence of the outstanding achievements of capitalist industrial civilization, enabling us to overcome the disadvantages of capitalist industrial civilization and realize the harmonious coexistence between man and nature.

  The inherent requirement of promoting the harmonious symbiosis between man and nature

  What kind of development view there is, what kind of development path there is. Adhering to the harmonious coexistence between man and nature is not a lack of development or inaction, but a modernization of harmonious coexistence between man and nature through high-quality green development. At present, China’s ecological civilization construction is still in a critical period of pressure superposition and heavy burden. In the development practice, we must stand on the height of being responsible for human civilization and embark on a road of coordinated development of ecology and economy and harmonious coexistence between man and nature.

  Adhere to Lucid waters and lush mountains are invaluable assets and establish a correct concept of development. Idea is the forerunner of action. Only with scientific idea and development can the hoof move steadily. Lucid waters and lush mountains are invaluable assets’s scientific judgment transcends the monism of eco-centrism and anthropocentrism, profoundly reveals that protecting the ecological environment means protecting the productive forces, and improving the ecological environment means developing the productive forces, and points out a new path to realize the synergistic symbiosis of development and protection. Firmly establish and practice Lucid waters and lush mountains are invaluable assets’s idea, we can neither fish for the ecological environment in the process of economic development, nor abandon economic development in the process of protecting the ecological environment, but stick to the sustainable development path of win-win for green mountains and green hills and Jinshan Yinshan.

  Adhere to the integrated protection and systematic management of mountains, rivers, forests, fields, lakes, grass and sand, and enhance the concept of system. The ecosystem is an organic living body, and the mountains, rivers, fields, lakes, grass and sand contained in it are interdependent and closely linked life communities, which provide a solid material foundation for the sustainable development of mankind. To promote the integrated protection of mountains, rivers, forests, lakes, grass and sand, we should pay attention to grasping the organic connection and interaction between various components of the ecosystem as a whole, scientifically arrange the ecosystem protection projects, and promote the overall improvement of ecosystem quality. To coordinate the management of grass and sand system in landscape forest fields and lakes, we should consider the integrity of physical geography units, the relevance of ecosystems and the comprehensiveness of natural ecological elements in accordance with the integrity, systematicness and inherent laws of ecosystems, enhance the relevance and coupling of various measures, and pay more attention to comprehensive management, system management and source management.

  Adhering to green development is a profound revolution in the concept of development and clarifying the strategic path. Green development is the inevitable requirement of building a high-quality modern economic system and the fundamental solution to the pollution problem. We must persist in promoting carbon reduction, pollution reduction, greening and growth in a coordinated manner, and promote a comprehensive green transformation of economic and social development. Carbon reduction, pollution reduction, greening and growth are an organic whole that is interconnected and mutually promoted, and each part is relatively independent and closely related. Reducing carbon and pollution will reduce the high-carbon economy, reduce the "black economy" and increase the low-carbon economy, green economy and beautiful economy. Greening and growth can enhance the carbon sink capacity and enhance the diversity, stability and sustainability of the ecosystem. Only by making overall plans, making concerted efforts, doing subtraction to reduce pollutant emissions, and doing addition to expand environmental capacity, can we achieve higher quality, more efficient, fairer, more sustainable and safer development.

  Adhere to the strictest system and the strictest rule of law to protect the ecological environment and improve the system guarantee. System and rule of law are not only a solid foundation for the construction of ecological civilization, but also an important guarantee for green development. To protect the ecological environment with the strictest system, we should pay attention to the systematicness, integrity and coordination of system design, focus on improving the quality of the ecological environment, and adhere to strict prevention at the source, strict management of the process, severe punishment of damage and accountability. To protect the ecological environment with the strictest rule of law, we should pay attention to the overall planning of legal formulation, implementation, supervision and protection of the rule of law, and strive to form a joint force of the rule of law. Ecological environmental protection is a long-term task, and we must adhere to the strictest system and the strictest rule of law, so that the system and the rule of law become rigid constraints and untouchable high-voltage lines.

  Persist in transforming the construction of beautiful China into the conscious action of all the people and unite social forces. Building a beautiful China is a long-term strategic task, which requires the joint participation and construction of all people. This requires the broad masses of people not only to agree with the concept of "Lucid waters and lush mountains are invaluable assets" and other ecological civilization, but also to actively participate in activities such as pollution prevention, ecological construction and environmental protection supervision. Faced with the severe situation of tight resource constraints, serious environmental pollution and ecosystem degradation, we must adhere to the people’s dominant position, fully stimulate all people’s subjective consciousness and sense of responsibility in protecting the ecological environment, encourage and guide all people to consciously participate in the construction of ecological civilization, and gather great strength for promoting green development and building beautiful China.

  Accelerate the development path of modernization of harmonious coexistence between man and nature

  People live up to the castle peak, and the castle peak will live up to people. On the new journey, we must adhere to the guidance of the supreme leader’s ecological civilization thought, accurately grasp the great significance and strategic task of planning development from the height of harmonious coexistence between man and nature, put the construction of beautiful China in a prominent position in the construction of a strong country and national rejuvenation, support high-quality development with a high-quality ecological environment, and accelerate the modernization of harmonious coexistence between man and nature.

  Accelerate the green transformation of development mode. Adhere to overall planning and systematic planning, and continuously optimize and adjust the structure of industry, energy, transportation and land use. Cultivate and expand industries such as energy conservation, environmental protection, clean production and clean energy, accelerate the research and development, popularization and application of advanced technologies for energy conservation and carbon reduction, promote energy conservation and emission reduction and comprehensive utilization of resources in agriculture, industry and service industries, promote the green transformation of key industries and fields with digital technologies such as the Internet, big data and artificial intelligence, and strive to build a green and low-carbon circular economy industrial chain. Increase publicity and education on ecological civilization, enhance the awareness of saving, environmental protection and ecology of the whole people, guide green and low-carbon consumption, promote the classification, reduction and recycling of domestic waste, and promote the formation of green and low-carbon production methods and lifestyles.

  Strengthen the protection and restoration of ecosystems. Focusing on national key ecological function area, the red line of ecological protection and nature reserves, we will speed up the implementation of major projects for the protection and restoration of important ecosystems and promote the construction of a nature reserve system with national parks as the main body. Implement major biodiversity conservation projects, optimize the spatial pattern of biodiversity conservation, and strengthen the protection and restoration of rare and endangered wild animals and plants and their habitats. Scientifically carry out large-scale land greening operations, promote grassland forests, rivers, lakes and wetlands to recuperate, implement the ten-year ban on fishing in the Yangtze River, and improve the farmland fallow rotation system. Establish an eco-product value realization mechanism, clarify the eco-product value accounting index system and specific algorithm, and promote the application of eco-product value accounting results in ecological protection compensation and ecological environment damage compensation.

  Actively and steadily promote carbon neutrality in peak carbon dioxide emissions. Based on China’s energy resources endowment, we will persist in establishing first and then breaking, pay attention to properly handling the relationship between development and emission reduction, overall and local, long-term and short-term goals, government and market, and implement the peak carbon dioxide emissions Action step by step in a planned way. Deepen the energy revolution, strengthen the clean and efficient use of coal, accelerate the planning and construction of a new energy system, improve the efficiency of energy utilization in key areas, strictly control the consumption of fossil energy, actively develop non-fossil energy, and promote the transformation from "double control" of energy consumption to "double control" of total carbon emissions and intensity. Promote industrial optimization and upgrading, accelerate the development of agricultural green cycle, promote the transformation and upgrading of traditional industries such as steel, chemicals and building materials, and make overall plans to promote the construction of low-carbon transportation system.

  Constantly improve the system of ecological civilization system. We will improve the fiscal, taxation, finance, investment and price policies and standard systems that support green development, improve the market-oriented allocation system of resources and environmental factors, and encourage and guide all kinds of subjects to actively participate in the construction of ecological civilization. Build a market-oriented green and low-carbon technological innovation system, and promote new development momentum with green and low-carbon technological innovation. Accelerate the study and formulation of regulations on ecological protection compensation, and bring ecological protection compensation into the track of rule of law. Improve the legal system of ecological environmental protection and the judicial system of law enforcement, and strengthen the statistical monitoring and law enforcement supervision of ecological civilization construction. Improve the evaluation system of ecological civilization construction objectives, strengthen the assessment of the implementation of carbon-neutral objectives and tasks in peak carbon dioxide emissions, promote the outgoing audit of natural resources assets of leading cadres, and take the assessment results as an important reference for the comprehensive evaluation and performance evaluation of leading cadres.

  (Written by: Huang Maoxing, Qiu Shuilin)