分类： sangna

　　　　　　 CCTV News:Yesterday (October 23rd), the second phase of the Canton Fair was launched as scheduled. According to official statistics, as of 17: 00 yesterday, the cumulative number of overseas buyers attending the meeting exceeded 129,000, a substantial increase over the same period last year. At the same time, this figure has exceeded the total number of overseas buyers attending the three exhibition periods of the last Canton Fair.

Starting this year, three import exhibitions will be held to invite the whole world.

Canton Fair is known as "the first exhibition in China" and is held twice a year in spring and autumn. Since the 101st session in 2007, the Canton Fair has set up its first import exhibition area, and changed its name from "China Export Commodities Fair" to "China Import and Export Commodities Fair". The word difference indicates that the Canton Fair has changed from a one-way export to a two-way trading platform for import and export, and invited countries and regions. Until this spring, the 133rd Canton Fair held import exhibitions for the first time in three exhibition periods.

　　　　　　 The Import Exhibition of the Canton Fair attracted more than 600 enterprises from 40 countries and regions. During the five days of the second exhibition, 202 enterprises from 29 countries and regions participated in the import exhibition, with six national pavilions from Turkey, Egypt, India, Japan, South Korea and Malaysia. The exhibits involved household products, gifts and decorations, building materials and furniture.

Exhibitors and merchants gather to expand and build the "Belt and Road" market.

At the ongoing second exhibition, many buyers from countries that have jointly built the "Belt and Road" kept walking, showing strong interest in building materials and household products and strong enthusiasm for "sweeping goods". Domestic exhibitors also seize the opportunity to provide more quality products for consumers who are building the "Belt and Road" countries.

In the furniture exhibition area of the second phase of the Canton Fair, merchants communicate with exhibitors and experience furniture products for themselves. Many foreign businessmen told reporters that the "Belt and Road Initiative" has brought more development opportunities to their countries, while the Canton Fair has provided them with opportunities to communicate face to face with China enterprises. At the same time, many China enterprises also rely on the Canton Fair to go abroad and explore overseas markets.

In the booth of a ceramic enterprise, exquisite underglaze colored ceramics attracted many merchants to inquire.

Exhibitor Feng Xinyi:In the morning, several guests came, including many from Russia and two or three from South Africa. Our products are still well received by (co-constructing) the Belt and Road countries. Through the construction of the Belt and Road, more and more of our products are exported to (co-constructing) the Belt and Road countries, with the South African market increasing by 20%.

In the horticultural exhibition area of the second phase of the Canton Fair, the reporter saw that products such as simulated environmental lawn were favored by many foreign merchants. Zhu Jiangfeng is the head of a Guangzhou enterprise. He has been deeply involved in the field of foreign trade for more than ten years and told reporters that the simulated lawn has a very broad market prospect.

　　　　　　 Exhibitor Zhu Jiangfeng:In the next step of market expansion, we may take the opportunity of "One Belt, One Road" (initiative) and do a lot of brand promotion work with such a good platform as the Canton Fair.

Domestic products seek new machine exhibitors to accelerate the "Belt and Road" layout

This year’s Canton Fair, a large number of buyers from countries that have jointly built the "Belt and Road" have paid attention to and demanded, which has also brought layout ideas to domestic exhibitors.

Wu Meimiao, reporter of the General Desk:This is the exhibition site of the second phase of the 134th Canton Fair. Kitchen, furniture, handicrafts, decoration, renovation and new gifts … … Gather all the large and small objects closely related to a better life.

We found at the scene that although the products in the second phase were exhibited in traditional industries, there was no shortage of exquisite product design, rich functions, innovative patent research and development, and more colorful and visually conflicting displays. Exhibitors constantly bring forth the new and seize the global market, and even many exhibitors will launch differentiated products and services according to different target markets.

In front of a booth, exhibitors told us that in the past three years, the market procurement share of countries that have jointly built the "Belt and Road" has increased from 5% to about 20%, and new and broader market opportunities are infinite.

From online to offline, exhibitors are constantly seeking innovation and change. Faced with many uncertainties in the foreign trade environment, the brand "Made in China" is constantly taking a more active stance to seize the opportunities and show its tenacity and vitality.

The Canton Fair has attracted so many exhibitors from countries that have jointly built the Belt and Road Initiative. This is not only a dazzling achievement of the Canton Fair itself, but also a clear evidence of the steady development of China’s international trade, and it also shows China’s determination to share development opportunities and common prosperity with the world. We also expect the Canton Fair to continue to share business opportunities with the world.

The complaint box for fighting corruption and promoting honesty is now in the National Museum of China.

The picture shows the 26th Instruction of the Central Executive Committee — — On punishing corruption and waste. Information picture According to the People’s Court Daily

　　□ Huaxi Dushi Bao-cover journalist Huang Yong

　　"As a result of the trial in this court, it is considered that the judgment of the Soviet Judgment Department of Ruijin County against Xie Busheng on May 5, 1932 is correct. Xie Busheng’s appeal was rejected, and he was still executed according to the original judgment of the Soviet Judgment Department of Ruijin County. Xie Busheng was executed at three o’clock and all his personal property was confiscated." On May 9, 1932, the Provisional Supreme Court of chinese soviet republic held a hearing on Xie Busheng’s corruption case, and Liang Baitai, the presiding judge and member of the Judicial People’s Committee of the Central Government, read out the verdict.

　　At 3 pm, Xie Busheng was executed. The ringing gunshots echoed in the fields and hills in the west of Ruijin City, shaking the whole Soviet area. This was the first shot of the party’s anti-corruption after the establishment of chinese soviet republic. Xie Busheng, chairman of Soviet government in Yeping Village, Ruijin County, became the first corrupt official to be executed since the establishment of chinese soviet republic Provisional Central Government.

　　Xie Busheng’s corruption case was a typical case of the red storm of "fighting corruption, eliminating corruption and promoting honesty" in the Soviet area at that time. Chinese soviet republic has just been established. Why does the interim central government keep a high degree of vigilance against corruption and waste? Why did Xie Busheng become the first corrupt official to be shot? What kind of tortuous struggle has it experienced?

　　Set up a complaint box

　　Central Soviet Area launches anti-corruption struggle.

　　In February 1932, the soldiers and civilians in the Central Soviet Area were surprised to find that a special wooden box with the words "accusation box" appeared in the conspicuous places of governments at all levels, units, villages, streets and intersections in the Soviet Area.

　　The National Museum of China now keeps a complaint box, which is made of wood and has a size of 16×18×18.5 cm. On the front, the book neatly reads "Complaint Box", and the accusation system of the workers and peasants procuratorate of the Soviet government in Happy District. The top, left and right sides are all filled with the relevant provisions of the accusation with a brush, and the handwriting is clearly visible. This wooden box, which is almost the same as the household newspaper box, is the first accusation box used in the Communist Party of China (CPC) to fight corruption and promote honesty.

　　Why did chinese soviet republic, which has just been established for three months, think of using the complaint box to fight corruption and promote honesty?

　　From November 7 to 20, 1931, the first National Congress of the Chinese Soviet was held in Yeping Village, Ruijin County, Jiangxi Province, announcing the establishment of the provisional central government of chinese soviet republic and Mao Zedong was elected as its chairman.

　　However, the newly-born Soviet regime is still under the intrusion of old ideas, old customs and old habits. Influenced by various non-proletarian ideas, some cadres and staff in party member do not pay attention to their own integrity, and the system is not perfect, which makes some corrupt elements think that they can take advantage of it, leading to serious corruption and extravagance.

　　The provisional central government is soberly aware that if corruption cannot be stopped decisively and effectively, put in order’s troops will lose their hearts and minds and combat effectiveness because of self-corruption, which will eventually bring serious consequences to the revolutionary cause of the Party, the Soviet government and the Red Army.

　　Mao Zedong particularly emphasized: "The banner of communist party is to overthrow all corrupt officials!" "All government workers should be made to understand that corruption and waste are great crimes." "When the corrupt officials of the Kuomintang are all over the country and the people dare to be angry but dare not speak, this phenomenon is absolutely not allowed under the Soviet system. If Soviet staff find corrupt, slacking and bureaucratic elements, the people can immediately expose their mistakes, and the Soviet Union will immediately punish them and will not tolerate them."

　　In February 1932, the government of the Central Soviet Area made a decision to severely punish the corrupt elements among the government staff, calling on the masses to expose and expel the corrupt elements in the government, and setting up a complaint box was one of the measures. In addition, there are four ways to sue: appoint "reliable workers and peasants" who are not full-time to receive the complaint on their behalf, and deliver the mail through the post office. Those who can’t read can complain orally at the complaint office, and where there is a telephone, they can report it to the complaint office by telephone.

　　The anti-corruption struggle in the Central Soviet Area kicked off, which also opened the first large-scale anti-corruption action in the history of the CPC.

　　A tip-off letter

　　Uncover Xie Busheng’s corruption.

　　One day shortly after the anti-corruption action began, the Soviet Judgment Department of Ruijin County received a tip-off letter, accusing Xie Busheng, chairman of the Soviet government in Yeping Village, of a series of corrupt acts.

　　He Shuheng, Chairman of the Provisional Supreme Court of the Provisional Central Government and Minister of the Workers and Peasants Procuratorate, immediately set up a task force to investigate after reading the letter of accusation. With the deepening of the investigation, Xie Busheng’s violation of discipline and law soon became clear.

　　Xie Busheng is a native of Yeping Village. He grew up poor and worked as a day laborer for the landlord at the age of 12. In 1929, Xie Busheng joined the workers and peasants armed riot team and once became the captain of the gathering riot team.

　　At that time, the central Soviet area was surrounded and blocked by the white area, and trade was interrupted. The necessary materials in the base area, such as grain and salt, were in short supply, and there was a price difference between the materials. Xie Busheng saw the "business opportunity", left the riot squad and started the material trade business to profit from it.

　　In 1930, with the upsurge of the movement of "fighting local tyrants and dividing fields", Xie Busheng saw new "opportunities" and abandoned his business to participate in the struggle of fighting local tyrants and dividing fields. Xie Busheng had many ways to fight local tyrants, fought actively, made many achievements and was absorbed into the party. When the Soviet government in Yeping village was established, Xie Busheng was elected as the chairman of the Soviet government in the village.

　　The Soviet Provisional Central Government was built in Yeping Village. Xie Busheng had frequent contact with the Provisional Central Government and the leaders of the Red Army, and was gradually appreciated by the leaders of the Soviet area because of his familiarity with the situation and his capable and decisive handling.

　　In 1931, the Red Army in the Central Soviet Area broke the second and third "encirclement and suppression", the ranks of the Red Army were expanded, the number of personnel was greatly increased, and the demand for materials of the Soviet area government also increased, and the materials were in short supply and prices soared. Xie Busheng took advantage of the opportunity familiar with the leaders of the Soviet area to steal the official seal and sell scarce materials.

　　The investigation also found that Xie Busheng’s morality was corrupt, his life was corrupt, he lured and forced women to commit adultery, snatched money for his wife, and even secretly killed cadres and Red Army military doctors.

　　Witness, irrefutable evidence, He Shuheng decided to arrest Xie Busheng. However, after Xie Busheng was detained, the case investigation encountered considerable resistance.

　　Xie Chunshan, Xie Busheng’s party introducer and a member of the Soviet Central Bureau, tried his best to protect Xie Busheng, thinking that he had no big mistake, and said that it was the investigator who deliberately challenged Xie Busheng to avenge himself. Xie Chunshan also framed the workers’ and peasants’ procuratorate in front of the leaders of the Soviet Central Bureau. In the absence of investigation, the leaders of the Soviet C.O. informed the workers and peasants procuratorate and the investigation team to release Xie Busheng.

　　He Shuheng did not agree to release people, and arranged for members of the investigation team to report to Mao Zedong urgently. After hearing this, Mao Zedong said seriously: "Fighting corruption is the bounden duty of communist party people, and no one can stop it!"

　　Deng Xiaoping, then secretary of the CPC Ruijin County Committee, patted the table and said, "Only a few months after the establishment of our Soviet regime, some cadres were corrupt and corrupt, and they were greedy for bribes and perverted the law. How can people trust our party and our government?" "If corrupt elements like Xie Busheng don’t deal with it, how can I, the county party secretary, explain it to the people?"

　　With the firm support of Mao Zedong and Deng Xiaoping, the investigation and handling of Xie Busheng’s case went smoothly.

　　Xie Busheng in the second trial

　　They all sentenced him to be shot.

　　On May 5, 1932, the Soviet Judgment Department of Ruijin County held a public trial of Xie Busheng. Xie Busheng’s crimes were mainly as follows:

　　First, the property of the local tyrants is privately owned, and the public funds are swallowed up by 3000 hairy (millicents).

　　Second, when Xie Busheng became the chairman of the village government, he used the chairman’s power to rape women, shield rich peasants, change them into middle peasants and accept bribes of more than 300 yuan.

　　Third, the wife of Xie Shenrun, a villager who raped Xie Shenrun, said that Xie Shenrun was a member of the "Social Democratic Party" and killed Xie Shenrun by taking revenge.

　　Fourth, buy the rice of the masses, fight in and out, and sell it to the "Soviet Union Congress" for more than 270 yuan.

　　Five, steal the seal of the central government management department, privately beat cattle and sell them over the mountains, and each cow gets the ocean 3 yuan, which makes a total of the ocean 33 yuan.

　　6. In September, 1927, Xie Busheng killed the medical officers of the armies of He Long and Ye Ting at the junction of Ningrui, and took away two gold rings and five Guangyang, as well as pocket watches and carpets.

　　Seven, the calf for the two big buffalo sent to the disaster area.

　　8. In August 1927, he collaborated with others to rob Qiu’s cloth shop in Ruilin Village, and robbed all the cloth, fresh ocean, chickens, ducks and pigs, and personally got 93 yuan in stolen money.

　　Nine, sold his wife, got three scalpers, and sold 1700 cents.

　　On this basis, the Soviet Judgment Department of Ruijin County ruled: "According to the sixth instruction of the Central Executive Committee, Xie Busheng was sentenced to death and all his personal property was confiscated. If you are dissatisfied, you can appeal to the Provisional Supreme Court within one week. "

　　Xie Busheng thought that he had been the captain of the riot squad, had made contributions to the local tyrants and distributed fields, and appealed to the Provisional Supreme Court of chinese soviet republic. On May 9, 1932, the Provisional Supreme Court upheld the original judgment, and Xie Busheng was shot and punished as he deserved.

　　Extended reading

　　The first complete in the history of the party.

　　Anti-corruption and waste documents

　　In December 1933, according to Mao Zedong’s opinion, the Executive Committee of the Provisional Central Government of chinese soviet republic issued the No.26 Instruction on Punishing Corruption and Waste. This is the first complete document against corruption and waste formulated since the founding of the Communist Party of China (CPC), which indicates that the struggle against corruption and waste has begun to enter the legal track.

　　The instructions pointed out that the staff of Soviet organs, state-owned enterprises and public organizations used their position to embezzle public funds for personal gain, and those who embezzled public funds above 500 yuan were sentenced to death; Whoever embezzles public funds from 300 yuan to 500 yuan shall be sentenced to imprisonment of not less than two years but not more than five years; Whoever embezzles public funds from 100 yuan to 300 yuan shall be sentenced to imprisonment for more than six months and less than two years; Whoever embezzles public funds below 100 yuan shall be sentenced to forced labor for less than half a year.

　　references

　　1. Meng Zhaogeng, "Why did the Central Soviet Area set off a red storm", China communist party News Network, May 28, 2015.

　　2. He Libo, "Uncle Weng can handle affairs as the overall situation", Beijing Daily, March 30, 2015.

　　3. Zuo Lianbi’s The First Shot of Anti-corruption in Soviet Area, study times, April 22, 2019.

　　4. Wang Mingzhe’s "1933: High Sky Rolling with Cold Current", study times, October 9, 2019.

Special feature of 1905 film network As soon as the series "The Wind Rises in Longxi" begins, Zhuge Liang’s front lens faces the ladder and climbs up the stairs. Kong Ming’s momentum is still there, but his brow is a little tired.

　

For the sake of this scene, it is not too many, but the director has found many actors to set a down-graded role for the series. It was not until he turned on the phone that he found a good friend and the actor played the role.

　

After receiving this news, Li Guangjie was very happy. After all, before that, he missed the cooperation with director Lu Yang many times. What’s more, this time his role was Zhuge Liang.

For actors, there are challenges. This difficulty is precisely where Li Guangjie is worried and nervous.

　

How to play different Zhuge Liang well? This proposition was put before him.

　

At present, the drama "The Wind Rises in Longxi" scored 7.7 points, making it one of the most highly rated dramas in recent hit dramas.

Zhuge Liang, played by Li Guangjie, was also recognized by some audiences. Following the 1905 film network and his exclusive dialogue, he rediscovered his original understanding of Zhuge Liang.

"migrant workers"

Everyone who has experienced the college entrance examination has been "tortured" by Zhuge Liang’s Model. Perhaps many people still remember that it was an epigraph he wrote to his late master Liu Chan before the Northern Expedition to the Central Plains.

　

However, "The Wind Rises in Longxi" happened after the failure of the first Northern Expedition, and all kinds of pressures and doubts came to Zhuge Liang. "In the face of all kinds of difficulties, Zhuge Liang was helpless, but he still persisted in his ideals and stubbornly completed the great cause of the Northern Expedition, while he was tired and lonely."

When discussing the role, Li Guangjie and director Lu Yang have the same idea.After all, there have been too many classic images of Zhuge Liang in various film and television works in the past.

Many people have the impression that the version is full of rhetoric and Confucianism, and it is the handsome appearance of the version. These interpretations, together with the resourceful description of Kong Ming in the novel Romance of the Three Kingdoms, make Zhuge Liang almost a "deified" image.

　

In his creation, Lu Yang hopes that this role can be "descended to the world". At present, he has received very limited support, and he is no longer a high-spirited young man who lashes out at Fang Qiu in Chibi.

　

With the same idea as director Lu Yang, as an actor, Li Guangjie is more confident to challenge this role.

　

"migrant workers."Li Guangjie made a footnote to his own version of Zhuge Liang. "Even in the face of difficulties and misunderstanding by others, his efforts may be invisible to others, but he is still stubbornly sticking to what he should insist on."

　

"The Wind Rises in Longxi" is a spy war drama in ancient costume, which is almost in an environment of intrigue. Especially after Chen Gong (ornaments) reveals the identity of "New Candle dragon" (Wei spy code), the whole story is reversed again. Zhuge Liang is always the unshakable pillar, even maintaining paranoia contrary to the environment.

　

"That’s what Zhuge Liang insisted on all his life. It’s a particularly glorious place on him. In modern words, it’s a place with arc light."

　

When it comes to this version of Zhuge Liang, Li Guangjie can’t help complaining about it. It’s really too difficult. "A person leads a country forward, and no one helps him. The boss is such a boss."

"different"

"excited."Li Guangjie recalled that after he arrived at Xiangshan Film and Television City, he put on Zhuge Liang’s costume and finished his makeup, and that kind of actor’s understanding and challenge to the role came into being.

　

Based on director Lu Yang’s interpretation of the role, as well as the description of the original novel The Wind Rises in Longxi and the history of the Three Kingdoms, Li Guangjie has a deeper understanding of this Zhuge Liang.

　

Being under one person in Shu and above ten thousand people, Zhuge Liang has many scenes for meetings. In the original design of Luyang, he was sitting at the front of a long table, symbolizing the position of leadership.

　

To make himself a role, Li Guangjie always put himself in Zhuge Liang’s position, speculating his inner state at that time. "I hope he can stroll there, he needs to keep walking. One is to make his thinking more active, and the other is really anxious, but he can’t let all the people who come to the meeting see his anxiety, so I hope to find some behaviors to cover up Zhuge Liang’s inner state. "

　

After putting forward this idea, Lu Yang also thought that this kind of walking would be a good plus item.Not only the scene design, but also the modeling, Li Guangjie made a bold attempt.

　

In the Romance of the Three Kingdoms, Zhuge Liang is often described as a feather fan. In the subsequent design of this role, the feather fan is always his iconic object.

However, in "The Wind Rises in Longxi", Li Guangjie chose not to take it, or to take less fans.

　

This form of change is also directed by Lu Yang and Li Guangjie, who want to break the audience’s image of Kong Ming with a fan.

　

"In your subconscious, do you want to challenge the audience’s cognition of Zhuge Liang?" We can’t help but throw this question to the actor in front of us.

　

"It’s not a challenge, I just have a strong idea to perform a different Zhuge Liang."

　

"impress the audience"

The tacit understanding and surprise are Li Guangjie’s greatest feelings after this cooperation with Luyang.

　

At the shooting scene, Lu Yang always had a whim, hoping that the actors could give more possibilities. Under this kind of time pressure, it will inevitably be some difficulties for actors. But it is precisely this difficulty that has stimulated the creative expression of Li Guangjie and other actors. "This temporary and unexpected has become the most attractive part of the whole creation."

　

Li Guangjie, who went to the computer room for the first time to watch the rough cuts, was "fascinated" by Lu Yang’s director’s creation. "Director Lu Yang skillfully moved some good and interesting films into the creation of TV dramas."

　

With this cooperation experience, Li Guangjie can’t help but ridicule that he can’t miss the cooperation of director Lu Yang again. "And now I send him a WeChat every half month,’ I’m here’, reminding him all the time, and I will think of him next time I have the opportunity."

　

As for his evaluation of playing Zhuge Liang, he gave more possibilities to the audience. "I am ready. Zhuge Liang is a highly recognized image, so everyone’s heart must be different. I can’t walk into everyone’s heart."

　

As a veteran actor, Li Guangjie is not the first to interpret this classic role. In the past, he played many such images repeatedly interpreted by other actors in various video arts. Especially at that time, in Towards the Republic, with the corner of Guangxu, the audience remembered the name of Li Guangjie.

The accumulation of experience has enabled him to find a standard in his creation. First of all, he must have an image in his heart, and then combine the director’s ideas to create this image in this work. "We must also be worthy of the role itself. It is enough to have a clear conscience."

　

In addition, Li Guangjie has also contributed one original and deeply rooted classic role in many film and television works.

　

Especially in the movie, the last sentence "my last order, live" moved many viewers. In the officially announced projects, whether it is the original script "Courtyard of the County Party Committee" or the adapted script "Wild Growth", Li Guangjie brought these characters to the audience for the first time.

　

"How to make the audience believe and know, and bring the audience into the specified situation of this story, into the inner world of the character, and follow his joys and sorrows, this will be the difficulty of another dimension."

　

As an actor, he doesn’t want to define himself too much, and he doesn’t want to solidify his own imagination.

　

Returning to the performance, his own state is becoming more and more "Buddhist", and he has little obsession with acting. He just hopes that he can use these roles to impress the audience.

   [Tianji Net Notebook Channel]Dual-screen and folding notebooks surprised many technology enthusiasts for a long time in 2019, and the time came to 2020. At this year’s CES exhibition, many manufacturers "made persistent efforts" and once again exhibited notebook computers with folding screens or dual screens. In addition to Lenovo, Dell has also expanded its territory in this field. Recently, they released a device called "Concept  Ori "folding screen notebook, and a dual-screen notebook" Concept  Duet”。

    At present, these two devices are only concept machines, so the official has not given specific specifications, and more are just used for technical display. Concept  Ori is a folding screen notebook product, which is equipped with a 13.4-inch P-OLED flexible screen. The design director of Dell said that they have spent a lot of effort to solve the hinge design problem of the flexible screen.

    Current folding screen products, such as Samsung Galaxy  Fold and Huawei Mate  X, folding screen will have creases, Concept  Ori is no exception, but the crease is not obvious if it is not on a white background. Current Concept  There are few gestures on Ori, but some media experiences have found that once Concept  When the Ori is folded up, there will be a virtual screen at the bottom for users to input text, which is still very logical.

    Concept  Duet design and Surface  Neo is similar, but the size is much larger, which compromises a certain portability. This device is equipped with two 13.3-inch screens connected by a hinge similar to Lenovo Yoga. Dell also released a physical keyboard that can be placed on the bottom screen, which can be used together to save users from the embarrassing feeling of tapping on the screen.

    Because Microsoft supports Windows&ensp with dual screen/folding devices; 10  X has not yet appeared, and Dell has temporarily developed a set of operation methods suitable for them. For example, you can transfer an app from one screen of Duet to another with a three-finger gesture, or double-click with four fingers can transfer the app  Stretch across two screens. In addition, when you put the keyboard accessories on the screen below, the uncovered part will automatically display the touchpad, making the experience more like a normal notebook.

    Of course, these devices are only prototypes, and all kinds of hardware and software configurations only exist in the theoretical and debugging stages. However, Dell has undoubtedly complied with the trend of double-sided screen/folding screen that may appear in the notebook industry, showing the maturity of hardware, and waiting for the maturity of software more than the launch of the real machine. Perhaps the era of dual-screen or folding screen will come earlier than expected.

    On July 30th, the special event of 2023 vivo Video Festival was officially held, and the latest exploration achievements of vivo in the field of image technology and culture were announced. Focusing on the three technical bases of optics, computing power and algorithm, vivo released a brand-new 6nm process self-developed image chip V3 and algorithm matrix, shared the latest achievements of AIGC, and joined hands with Zeiss to launch major technical achievements such as telephoto lenses that meet the brand-new standard "Vario-Apo-Sonnar".

    Further strengthen independent innovation, release self-developed chip V3 and image algorithm matrix.

    In this activity, vivo newly released the self-developed image chip V3 with 6nm process technology. With the newly designed multi-concurrent AI perception -ISP architecture and the second generation FIT interconnection system, the energy efficiency ratio increased by 30% compared with the previous generation. V3 image chip can bring users the super experience of 4K movie portrait mode, such as movie-level Jiao Wai blur, automatic subject focus detection and switching, movie-level skin optimization and movie color processing. Its technical strength makes vivo a mobile phone manufacturer that can realize 4K movie portrait video and 4K post-shoot editing function of Android.

Vivo released a brand-new 6nm process technology self-developed image chip V3.

    In addition to the self-developed chip upgrade, vivo has also built a comprehensive composite algorithm matrix from technology to scene, which includes a big engine and two big systems. The new vivo original image engine VOIE(vivo origin imaging engine) comprehensively improves the basic algorithm ability of vivo from three sub-modules: ultra-clear image quality, color reproduction and computing power acceleration, and upgrades the image quality, color tone and computing power. At the same time, based on the moving image theory system of "real world-imaging system-post-processing algorithm" and combining the core user scenes of portraits and night scenes, vivo has created two major image systems, namely, the super-touching image system and the sky night scene system, which has continuously consolidated the accumulation of underlying technologies of vivo in portraits and landscapes and continuously led the era of computational photography.

Vivo algorithm matrix

    Deepen joint innovation again and build a prosperous image ecosystem.

    Vivo creates great products for users through joint innovation with universities and enterprises. At the university level, vivo and Zhejiang University, Zurich Federal Institute of Technology and other universities at home and abroad explore basic frontier theories and technologies such as AI frontier network design and image quality. At the enterprise level, vivo also maintains close cooperation with all partners. Among the numerous cooperations, vivo has continuously strengthened its long-term and in-depth cooperation with Zeiss, the market leader in the optical field, and has been iterating over Zeiss optical lens, Zeiss T* coating and ZEISS Look.

    Vivo and Zeiss continue to explore new lens design and launch telephoto lenses that meet the new standard "Vario-Apo-Sonnar". Vario-Sonnar, as a compact optical lens design, has excellent imaging quality, excellent sharpness and large aperture. Combined with APO design applied to mobile imaging system, it can greatly improve the zoom quality of mobile phones. This telephoto lens also adopts floating lens group technology, which has extremely high resolution and focusing ability. Its creamy blur effect can further highlight the subject, and can realize telephoto landscape photography, macro photography and telephoto close-up portrait photography, taking into account the diverse demands of users for telephoto and macro photography.

Vivo and Zeiss jointly launched a telephoto lens conforming to the "Vario-Apo-Sonnar" standard.

    The new generation of vivo X90 Pro+ all-P lens adopts ALC coating technology, and its single lens reflectivity is reduced by 42.8% compared with the previous generation. In order to further suppress glare and ghosting, the newly upgraded Zeiss T* coating will be equipped with Multi-ALD technology and will be equipped on the main camera of the next generation vivo X series flagship model. The reflectivity of the lens center will be reduced from 0.2% to 0.1%, which is 50% lower than that of the previous generation ALC coating, thus bringing clearer picture performance.

    Vivo and Zeiss jointly created products around ZEISS Look, jointly recreated the classic blur style of Zeiss lens, and launched Zeiss lens packages with various styles, such as Zeiss Biotar blur style, Zeiss Cinematic blur style, Zeiss Cine-Flare flare portrait, so that users can also experience the unique blur effect of professional photography lenses on their mobile phones. In order to meet the pursuit of professional users, the two sides also jointly launched Zeiss natural colors to truly and accurately restore what they see.

    In addition to in-depth cooperation in product innovation, vivo is also committed to more diversified and extensive cooperation with Zeiss, so that more users can enjoy the joy of creation through smart phones with cutting-edge imaging technology.

    In-depth creation of professional portraits and extreme night scenes, and continuous empowerment of professional imaging experience.

    As the main track of vivo images, vivo has been building its professional portrait shooting ability. vivo has always been aiming at "mobile portrait master", and has continued to precipitate in the field of professional portrait shooting. Combined with its own hardware capabilities, it has continuously upgraded its super-touching portrait system, forming a unique portrait style of vivo with "clear characters, natural skin color, and gradual degree of reality and reality", bringing the portrait style that users like to smart phones, bringing more intelligence, clarity, beauty and prominence.

    In addition to the continuous exploration in the traditional portrait track, vivo is also actively involved in the research and development of future images and 3D portrait technology, and makes innovations and attempts in two new technical directions: portrait 3D reconstruction perception and virtual content. For this reason, vivo has established Chongqing 3D imaging laboratory and set up a film-and-television light field system, which can reconstruct a "pore-level" 3D model of human body and achieve a more realistic and high-fidelity rendering visual effect in virtual environment. With the underlying data support of historical products and the capability reserve of the three major portrait 3D perception algorithms with face, human body and gesture as the core, the system can accurately capture and drive the interactive perception of facial expressions, human gestures and gestures.

Vivo brand-new super touching image system

    Based on the perception ability of portrait 3D reconstruction, vivo superimposes AIGC algorithm to create three application scenarios: generative portrait style, generative portrait editing and various portrait AR special effects. Among them, the generative portrait style allows users to take more natural photos of virtual and real scenes through vivo mobile phones, and realize the humanized experience of "shooting portraits of the four seasons without leaving home". Generative portrait editing can let users re-edit lighting, age, hairstyle, expression and other contents based on their own preferences through techniques such as texture reconstruction and illumination estimation algorithm. In addition, based on the stable mobile portrait 3D perception technology, vivo also provides a variety of portrait AR special effects to continuously activate users’ creative enthusiasm.

    In terms of scenery shooting and night scene imaging, vivo has been steadily upgraded in three aspects: image quality, tone and color.

    In order to present users with clearer image quality and realize the freedom of night scene creation, vivo has built an advanced image quality solution based on the Sky Night Scene System, which can realize the super night scene with full focus. Its upgraded version of SuperRAW technology will also support all rear cameras, which can meet users’ needs for wider night scene post-adjustment.

    In terms of tone and color, vivo is also constantly exerting its strength to present a night scene effect full of atmosphere. Based on VOIE, the original image engine of vivo, the new Sky Night Scene System focuses on introducing Zhencai Night Scene Model, which can learn AI based on millions of night scene photos, and realize its own tone and color adjustment for night scene. Full-link night HDR function can greatly optimize the overall look and feel of preview, shooting, display and other links in the night scene with strong contrast between light and dark, and bring users a dazzling night scene atmosphere. In addition, the newly upgraded XDR Photo 2.0 adds a highlight color protection mechanism for the artificial light source with high dynamic and high saturation at night, which can improve the overexposure of highlights without affecting the color performance of the light source and retaining the night scene atmosphere.

    Accurate expression of color is very important for image creation, but a single color style can not meet the diverse needs of users. Therefore, on the basis of the vivid colors of vivo, which are loved by users, and the natural colors of Zeiss, which give professional photographers more space in the later period, vivo draws inspiration from representative films and master photography works, and introduces the rich, delicate and personalized texture colors of vivo on the flagship product X90s. After the introduction of vivo texture color, it has been recognized and loved by professional photographers such as Alex Webb and many users. In order to better meet users’ demands, vivo X Fold2, X Flip and X80 series will be upgraded in September.

    In recent years, vivo has encouraged "paying attention to the present and praising the daily life" and responded to the era of "everyone is a creator" through a series of humanistic video activities such as the video plus mobile phone photography contest and the FIRST ultra-short film contest. In 2020, vivo opened the first video plus mobile phone photography contest. Up to now, vivo users from more than 40 countries and regions around the world have participated in it, and nearly one million works have been collected. At the special event of this video festival, the winners of the 2023vivo Video Plus Mobile Phone Photography Competition were announced. Photographers Jiehan Herry Saputro and Jiang Xinyuan won the Best Work of the Year and the Zeiss Professional Video Award respectively for their works Let me Fly and Dreaming, while photographers Ma Chen and Wei Dong won the "X90 Series Best" for their works The Eyes of Lan Bing and The Tension of Life. At the event site, vivo also shared a group of special works "A Photography Class in the Mountain", telling the story of two girls’ lives changed by photography, and writing new possibilities for the distant places that images can reach.

Best work of the year: Jiehan Herry Saputro "Let me fly"

    In the future, vivo will continue to take the user’s needs as the origin, gain the shooting experience of every ordinary creator with the help of professional imaging technology, enrich the ecology and connotation of mobile image creation, adhere to the initial intention of "scientific and technological intentions, images from the heart", and let "humanized professional images" benefit more mass creators.

Recently, the founder of Elephant Point Show, Mr. Wu Feiyue, posted a false news titled "To the team of < The Taste of Rice Flowers >: Please don’t steal under the guise of literature and art" on WeChat WeChat official account and online platform. On April 28th, the film producer Yong ‘an (Tianjin) Film and Television Culture Co., Ltd. issued a public statement, calling it an arbitrary cutting fact, and spread a lot of false information on the Internet, which seriously affected the personal reputation of the director Mr. Pengfei and directly affected the film.

　

The full text of the statement is as follows:

　

Public statement on the incident of Wu Feiyue and Elephant Pointing Company.

　

Recently, Mr. Wu Feiyue published an article entitled "To the team of Taste of Rice Flowers: Please don’t steal under the guise of literature and art" in WeChat official account, the elephant screening. In view of Mr. Pengfei, the director of the film Taste of Rice Flowers and his creative team, who is being shown in the cinema of our company, arbitrarily cut out the facts and spread a lot of false information on the Internet, which has seriously affected Mr. Pengfei’s personal reputation and directly affected the reputation of the film Taste of Rice Flowers.

　

Regarding Wu Feiyue’s false information in this article, I hereby declare the following for the record.

　

1. Mr. Pengfei has contacted a number of potential publicity partners, including Elephant Dianying. Mr. Pengfei has never accepted the so-called "business plan" in the above article. The only time I received it on WeChat, Mr. Wu Feiyue sent Mr. Pengfei the Introduction of the 100-city premiere within 9 minutes after Mr. Pengfei proposed it to Mr. Wu Feiyue.

Our company solemnly points out that Mr. Wu Feiyue can send Mr. Pengfei the Introduction to the Elephant Premiere within 9 minutes, which belongs to the advertising sales products of Elephant Point Film Company, and is by no means a customized plan for the Taste of Rice Flowers. Any friend who is interested or thinks it necessary to determine its content or nature can come to our company to check the content and judge its nature with the Brief Introduction to the Elephant Premiere provided by Mr. Wu Feiyue.

It is worth noting that Mr. Wu Feiyue’s screenshot of WeChat in the above article intentionally or unintentionally cut off the time when Mr. Pengfei sent WeChat to cover up the fact that he sent the Introduction to the Elephant Premiere to Mr. Pengfei within 9 minutes. Whether Mr. Wu Feiyue did this intentionally or unintentionally remains to be explained by Mr. Wu Feiyue or confirmed by the authority in the future rights protection procedure.

　

2. We have not signed any agreement or definitive document with Elephant Point Film Company. After investigation, we think that some publicity modes and behaviors of elephant screening are different from the mainstream social values advocated by Taste of Rice Flowers, and its attention and energy seem to be more concerned about whether it can get investment from outside or customers. After careful consideration, the producer decided not to cooperate with it to announce the issue. Since then, our company has not contacted Mr. Wu Feiyue and Elephant Dianying actively.

　

We would like to take this opportunity to express our heartfelt thanks to the fans for seeking truth from facts and being more firm in their trust and support in the face of libel in The Taste of Rice Flowers and the director Mr. Pengfei. We earnestly hope that Mr. Wu Feiyue and Elephant Point Shadow Company will be cautious in their words and deeds, stop making and disseminating false information, undertake basic social obligations and abide by basic business rules, so as to thank friends from all walks of life who have cared about and supported them.

　

The Company reserves the right to pursue the legal responsibilities of Mr. Wu Feiyue and Elephant Point Film Company.

　

In the statement, Yong ‘an (Tianjin) Film and Television Culture Co., Ltd. hopes that Mr. Wu Feiyue and Elephant Dianying will be cautious in their words and deeds, and will not continue to manufacture and disseminate false information. The company will reserve the right to investigate the tort liability of Mr. Wu Feiyue and Elephant Dianying Company according to law.

　　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.

Today’s release

Today, the adaptation of the important turning point in the history of our army, the adaptation of the three bays, a major revolutionary historical film directed by yang hu, the first-class director of Bayi Film Studio, and starring Hou Jingjian, officially landed in the national cinema. In the "bloody battle" version of the poster released by the film, Mao Zedong blazing with anger, a young man under the artillery fire, is far-sighted and shows his leadership as a politician, revolutionary and strategist; Lu Deming, Luo Ronghuan, He Changgong, Wu Zhonghao, Zhang Ziqing, He Tingying and Zhang Zongxun, the leaders and revolutionary ancestors of the Autumn Harvest Uprising, showed their heroic and mighty side as "military commanders", either imposing or dying; Communist party member, representatives of the masses Qu Qiubai, Jin Chen, Yuan Wencai, Song Renqiong, Zhong Laodie and other figures also appeared one by one, forming a group of passionate revolutionary images, which reappeared the eventful history that happened in Jiangxi more than 90 years ago.

In 1927, the revolutionary army of autumn harvest uprising led by Mao Zedong went to Sanwan Village, Yongxin County, Jiangxi Province. In order to save the revolutionary army in trouble, Mao Zedong strategically put forward a set of general plans for running the army, such as "the branch is built in the company" and "the officers and men are equal", which is called "the adaptation of the three bays" in history. The film "Adaptation of Three Bays" truly restores this period of history with poetic style, grand war scenes and delicate characterization. It not only presents a broad and touching film for the audience, but also is a significant lesson in party history education. The film was praised by many film and television experts and ordinary audiences when it was screened in advance. Many netizens expressed their great expectation for the official release of the film, and with the film landing in national theaters, many highlights of the adaptation of Three Bay were also announced one by one.

It took two months to restore the "three bays" scene at 1: 1.

Grand War Scenes Create "Autumn Harvest Uprising"

War-themed films have always been loved by the audience. Many films not only bring shocking enjoyment to the audience with commercial story rhythm, lens scheduling and special effects, but also infect the audience with the values of blood, inspiration and positive energy, which makes people feel the righteousness of the soldiers and deeply rooted in the feelings of home and country under the entertaining viewing experience. The Adaptation of Three Bays is also such a film that combines the grand and fierce war scenes, showing how the revolutionary army broke through the siege under difficult circumstances, and finally got out of danger and headed for victory. In order to reproduce the extraordinary history of "Three Bay Adaptation", many masters of Bayi Film Studio worked hard to design Sanwan Village 100 years ago. After more than two months of day and night construction, the main scene of "Three Bay Adaptation" was built at a scale of 1: 1 on a wasteland-the roads were muddy and the village houses were scattered, which had both Jiangxi customs and the vicissitudes of war.

The Autumn Harvest Uprising before the "Three Bay Adaptation" was a large-scale armed movement led by Mao Zedong. When Mao Zedong led the revolutionary army of workers and peasants to retreat, he was surrounded by the enemy and had a fierce battle with it. In order to make the film more war-like, Bayi Film Studio, which is good at shooting war scenes, not only filmed fierce, bloody and visually impactful war scenes such as the confrontation between two armies and the charge of soldiers, but also carefully designed grand and poetic war scenes such as galloping horses, which broke through the traditional expression of war films and made people shine. At the same time, in order to create a grand war scene, with the assistance of the local government, the crew mobilized hundreds of extras in a short period of time. During the filming of the war scenes, the number of extras reached 200 to 300 every day, and more than 6,000 group performances were used in the whole filming process, which fully reflected the friendship between the military and the people.

Yang hu truly presents the historic turning point of our army.

Hou Jingjian vividly interprets the style of great men.

In terms of production, "Adaptation of Three Bay" brings together the most elite behind-the-scenes lineup of Bayi Film Studio. Director yang hu is a first-class director, who has participated in the production of more than 60 film and television works, and has been nominated for the Golden Rooster Award in China for many times and recognized by major international film awards. His masterpiece "Love with Pamir" won the highest award of the 17th Italian International Military Film Festival "President of the Republic Award" and the 12th China Film "Huabiao Award". The film "For Life" won the first prize of the most influential society at the Italian International Military Film Festival, the Golden Panda Documentary Award at the 10th International Film Festival and the most patriotic award at the Russian Ozerov Military Film Festival. In recent years, his masterpiece Believers won the "Five One Project Award" in Publicity Department of the Communist Party of China, the special honor of the jury of the media attention unit of Shanghai International Film Festival, and the honor of supporting actor who received the most media attention. Director yang hu’s works not only have the soldier’s perseverance and faith, but also have the soldier’s feelings and romance, and his unique image style is highly praised by the industry. In addition, Xiao Yusheng, a senior expert of the Leading Group for Party History and Military History of the Central Military Commission, a member of the Leading Group for the Creation of National Major Revolutionary Historical Themes, and the chief expert of the National Marxist Theoretical Engineering, served as the chief screenwriter of The Adaptation of the Three Bays, giving the film a rigorous historical view. Screenwriter Grace Wai Wong’s works have also been affirmed by many heavyweight film and television awards, such as "Five One Project Award", "Flying Award" and "Golden Eagle Award", with good strength.

Hou Jingjian, a young actor who plays Mao Zedong in the film, has starred in film and television works such as Autumn Harvest Uprising, Great Turning Point and The Awakeing Age, and has played the role of leader Mao Zedong many times. Under the baptism of many red classics, Hou Jingjian has become one of the most recognized young Chairman Mao’s actors. In the most popular tribute drama The Awakeing Age, he performed Mao Zedong in the early days of the revolution delicately, vividly and passionately, which was deeply loved by young audiences. In "Three Bay Adaptation", he will play a unique image of young Mao Zedong, who not only has foresight and shows his military talents, but also has to go to the battlefield and fight with a pistol. Compared with Chairman Mao, who is impressed by the audience as a Chinese, he highlights his leadership and great demeanor on the battlefield.

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"Vivid Party History" was well received.

Fill in the blank of major revolutionary historical themes

The film "Adaptation of the Three Bays" not only gives the audience visual enjoyment with grand war scenes and vivid characterization, but also restores the important turning point in the history of our army "Adaptation of the Three Bays" with a rigorous historical view, and refines the great "Adaptation Spirit of the Three Bays", which is highly praised by scholars and film experts in the industry. Fan Yongge, deputy director of the Film and Television Literature Committee of the Chinese Writers Association, said: "The film vividly restores history, shows a distinct spirit of exploration, and has both aesthetics of documentary films and literary films, which brings the emotional distance between the audience and the older generation of revolutionaries closer and makes people feel shocked and infected ideologically." Wang Yichuan, director of the Research Center for Literature and Art of Beijing Normal University, professor of the College of Literature and Art, and chairman of the China Association of Literary Critics, said: "The film Adaptation of the Three Bays reproduces an important event in the blending of party history and military history by means of images, with clear main line, complete narrative and smooth expression. Mao Zedong, He Changgong, Lu Deming and other figures are vivid and stand up, which is in line with the historical situation and historical truth of the year. " Liu Xiaowei, director of the Cultural Editorial Office of the People’s Liberation Army Daily, gave great recognition to the adaptation of the Three Bays: "The adaptation of the Three Bays is an important work at an important time node, and it is also a film work that fills the gap. It tells the familiar adaptation of the Three Bays with more temperature and texture artistic expression."

"The party in the adaptation of the Three Bays casts the soul of the army, which is to cast the party’s ideals and beliefs into the army and give it political power. Only by putting the people first can we give full play to the party’s strength." This is General He Jiming’s unique insight into the significance of "Three Bay Adaptation", which has been extolling the spirit of "Three Bay Adaptation" for decades. As he said, it is of great significance for our party, our army and the broad masses of the people to learn the spirit of "three bays adaptation". Standing at the historical moment of the 100th anniversary of the founding of the Communist Party of China (CPC), the release of "Adapted from Three Bays" coincides with the right time, which has contributed a vivid teaching material for studying the history of the Party to Comrade party member and the people.

In previous screenings of "The Adaptation of Three Bay" in Beijing, Chengdu, Shenzhen, Kunming, Shenyang, Ji ‘an and other places, the audience expressed that the film was bloody and moving. "The clank of iron displayed by communist party people in the face of torture is awe-inspiring, which is why we won the final victory." "After watching the movie, I finally understand the historical position and significance of the’ Three Bay Adaptation’, which is worthy of being a vivid textbook of party history." The most touching thing is that the film makes the veterans who really experienced the revolutionary liberation war feel the same way. After watching the film, a 93-year-old veteran sighed excitedly: "I am a veteran and joined the army in 1947. This year, we celebrate the 100th anniversary of the founding of the Party by showing the adaptation of Three Bays, which I think is very meaningful. By watching movies, we have strengthened our determination to listen to the party, continue to follow the party and realize the great rejuvenation of our motherland. " After that, he trembled and bowed to the film master at the scene. "Thanks to the film director and the crew."

The film was produced by Jiangxi Film Studio Co., Ltd., China People’s Liberation Army Bayi Film Studio, Ji ‘an Radio and Television Station and Jinggangshan Xijiangyue Culture Media Co., Ltd., distributed by Jinggangshan Xijiangyue Culture Media Co., Ltd. and jointly distributed by China Film Co., Ltd. Beijing Film Distribution Branch. Liu Jianting is the chief producer, directed by yang hu, written by Xiao Yusheng, written by Grace Wai Wong and starring Hou Jingjian. It is released nationwide today.