上海后花园私人会所

The State Council Press Office held a press conference at 10: 00 a.m. on Friday, January 13th, 2017 in the press room of the State Council Information Office, and invited Huang Songping, spokesman of the General Administration of Customs, to introduce the import and export situation in 2016 and take questions from reporters.

Press conference on the import and export of the State Council in 2016
China wangzongchao

[Moderator Hu Kaihong]Good morning, ladies and gentlemen. Welcome to the press conference of the State Council Information Office. Today, we have invited Mr. Huang Songping, spokesman of the General Administration of Customs. Ask him to introduce the import and export situation in 2016 and answer your questions. Let’s ask Director Huang to introduce the situation first.

Huang Songping, spokesman of the General Administration of Customs, China Net Zongchao

[Huang Songping, spokesman of the General Administration of Customs]Ladies and gentlemen, Happy New Year 2017. Welcome to today’s press conference. It’s a pleasure to meet you again, to brief you on China’s foreign trade import and export in 2016, and then answer your questions. In 2016, the world economy recovered difficultly, and the domestic economy improved steadily. According to customs statistics, in 2016, the total import and export value of goods in China was 24.33 trillion yuan, down 0.9% from 2015. Among them, exports were 13.84 trillion yuan, down 2%; Imports reached 10.49 trillion yuan, up by 0.6%; The trade surplus was 3.35 trillion yuan, narrowing by 9.1%.

The specific situation mainly includes the following aspects:

I. Imports and exports stabilized quarter by quarter, and both achieved positive growth in the fourth quarter. In 2016, China’s import and export showed a trend of low before and high after, and stabilized and improved quarter by quarter. Among them, in the first quarter, China’s import and export, export and import value decreased by 8.2%, 7.9% and 8.6% respectively; In the second quarter, the value of import and export, export and import decreased by 1.1%, 0.8% and 1.5% respectively; In the third quarter, the import and export value increased by 0.8% and 2.3% respectively, while the export value decreased by 0.3%; In the fourth quarter, the value of import and export, export and import increased by 3.8%, 0.3% and 8.7% respectively.

Second, the import and export of general trade increased and its proportion increased. In 2016, China’s general trade import and export was 13.39 trillion yuan, up 0.9%, accounting for 55% of China’s total import and export value, up 1 percentage point from 2015, and the trade pattern structure was optimized.

Third, export growth to some countries along the Belt and Road. In 2016, China’s exports to Pakistan, Russia, Poland, Bangladesh and India increased by 11%, 14.1%, 11.8%, 9% and 6.5% respectively. In the same period, China’s exports to the EU increased by 1.2%, to the United States increased slightly by 0.1%, and to ASEAN decreased by 2%, accounting for 46.7% of China’s total exports.

Fourth, the proportion of private enterprises’ exports continued to maintain the first place. In 2016, the import and export of private enterprises in China was 9.28 trillion yuan, an increase of 2.2%, accounting for 38.1% of China’s total foreign trade. Among them, exports were 6.35 trillion yuan, down 0.2%, accounting for 45.9% of the total export value, and continued to maintain the top position in export share; Imports increased by 8.1%.

Five, mechanical and electrical products, traditional labor-intensive products are still the main export. In 2016, the export of mechanical and electrical products in China was 7.98 trillion yuan, down by 1.9%, accounting for 57.7% of China’s total export value. Among them, the export of medical instruments and instruments increased by 6.1%, and the export of storage batteries increased by 4%. In the same period, the total export of traditional labor-intensive products was 2.88 trillion yuan, down 1.7%, accounting for 20.8% of the total export value. Among them, the export of textiles, toys and plastic products increased.

6. The import volume of bulk commodities such as iron ore, crude oil and copper maintained growth, and the prices of major imported commodities remained at a low level, but the decline narrowed. In 2016, China imported 1.024 billion tons of iron ore, an increase of 7.5%; 381 million tons of crude oil, up by 13.6%; 256 million tons of coal, up by 25.2%; 13.21 million tons of steel, an increase of 3.4%; 4.95 million tons of copper, up 2.9%; Refined oil was 27.84 million tons, down 6.5%. In the same period, China’s import prices generally fell by 2.1%. Among them, the average import price of iron ore decreased by 0.5% year-on-year, crude oil decreased by 18.6%, refined oil decreased by 10.8%, coal decreased by 0.1%, copper decreased by 6%, and steel decreased by 5.5%, which was narrower than that in the first half and the first three quarters.

In July and December, China’s foreign trade export leading index continued to rise. In the fourth quarter of 2016, China’s foreign trade export leading index rose for three consecutive months, reaching 37.4 in December, up 0.5, indicating that China’s export pressure is expected to ease in the first quarter of 2017. Among them, according to the data of online questionnaire survey, China’s export managers’ index dropped by 0.6 to 39.4 in that month; The index of new export orders rose by 0.6 to 41.9, the manager confidence index fell by 2 to 43.5, and the comprehensive cost index of enterprises fell by 1.6 to 23.9.

At present, there are still some difficulties in China’s foreign trade development, which are as follows: the import and export of foreign-invested enterprises and state-owned enterprises in China have decreased by 2.2% and 5.6% respectively; The import and export of processing trade decreased by 4.9%.

Faced with the severe and complicated international trade situation, the Customs will continue to adhere to the general tone of striving for progress while maintaining stability, resolutely implement various policies and measures to stabilize foreign trade growth, comprehensively deepen reforms around building a new open economic system, solidly promote various customs reforms to take root, and strive to promote foreign trade to stabilize and improve, so as to better serve the overall economic and social development of the country.

Next, I would like to answer your questions.

Hu Kaihong, spokesperson of the State Council Information Office, invited reporters to ask questions.
China wangzongchao

【Hu kaihong】Thank you, Director Huang. Let’s start asking questions.

【CCTV reporter】Hello, Director Huang. In 2016, the international economy was in a downturn, and the overall environment of China’s foreign trade was very severe. How do you evaluate the overall performance of China’s foreign trade in 2016? In addition, the latest customs data shows that since the fourth quarter of 2016, China’s foreign trade has obviously improved. What are the main reasons? Director Huang, please give us a detailed explanation. thank you

CCTV reporter asked questions.
China wangzongchao

【Huang Songping】Thank you for your question. In 2016, the global economy is still in a period of deep adjustment after the international financial crisis, the economic recovery is weak, the international market demand is weak, the unstable and uncertain factors facing China’s foreign trade development are obviously increasing, the downward pressure is increasing, and the overall situation is complicated and severe. With the gradual emergence of the effect of national policies and measures to promote the stabilization of foreign trade, the import and export value of China’s foreign trade decreased significantly in the first quarter, stabilized in the second quarter, and continued to achieve positive growth in the third and fourth quarters. The whole year showed a trend of low before, high after, and stable and good. This is our overall view on China’s import and export of goods in 2016.

Among them, China’s foreign trade increased slightly in the fourth quarter, and we believe that it benefited from the gradual implementation of a series of policies and measures to promote foreign trade to stabilize and improve. Since 2014, the State Council has successively issued more than 10 documents on the steady growth of foreign trade, and relevant departments have continuously improved relevant supporting measures, which have provided a good policy environment for the stable and high-quality development of China’s foreign trade. For example, in September last year, the Ministry of Commerce and the General Administration of Customs jointly issued an announcement to cancel the approval of processing trade business nationwide. In November, the Ministry of Finance and the State Administration of Taxation jointly issued an announcement to increase the export tax rebate rate of important products such as electromechanical products and refined oil products to 17%. These policies and measures are very specific, highly operable and targeted, and have played a positive role in promoting the steady growth of foreign trade.

Secondly, there are signs of improvement in the external environment, and the index of new orders of export enterprises has rebounded significantly. Overall, in 2016, the world economy continued to slump and global trade shrank, but some indicators were slowly improving. For example, the manufacturing managers’ index, which reflects the degree of economic prosperity, shows that the indicators of the United States, the European Union and Japan all remained above threshold in the fourth quarter and reached a new stage in December. In emerging markets, Russian and Indian countries also remain above threshold. The Baltic dry bulk index, which reflects the activity of global trade, also rebounded from the historical low in early February 2016. On November 11th, it rose to 1045, breaking through 1000 points for the first time in 16 consecutive months. At the same time, according to our monthly online questionnaire survey data of 3000 foreign trade export enterprises, since June, the index of new orders of export enterprises has obviously rebounded. It rose to 41.9 in December, the highest level since March 2015, which confirmed that the external market did show signs of slow improvement.

Third, the domestic economy’s "slowing down, stabilizing and improving" has driven the continuous increase in bulk commodity imports. The slowdown in the decline in import prices has simultaneously promoted the increase in import value. In 2016, under the influence of supply-side structural reform and moderately expanding aggregate demand, the domestic economy maintained a reasonable range, showing a steady and progressive development trend, which led to an increase in the import volume of some bulk commodities. For example, as just reported, China’s imports of iron ore, crude oil, copper and other commodities have maintained growth. At the same time, the decline in import prices continued to narrow. In 2016, China’s import price fell by 2.1% overall, which was 3.2 percentage points lower than that in the previous three quarters. The average year-on-year decline of iron ore imports was 8.1 percentage points lower than that in the previous three quarters, crude oil was 7.3 percentage points lower, coal was 14.7 percentage points lower, and copper was 5.9 percentage points lower. Although the import price is still the main factor dragging down the growth of China’s import value, the narrowing of the decline in import prices has also helped the annual import growth rate to surface.

The above three points are the main driving factors for the slight growth of China’s foreign trade in the fourth quarter. Thank you.

[Tass news agency reporter]I would like to ask you how to evaluate the Sino-Russian economic and trade cooperation in 2016 last year, and what are your expectations for this year’s Sino-Russian economic and trade cooperation?

Tass news agency reporter asked China Net Zongchao

[Huang Songping]Thank you for your question. Let me introduce the Sino-Russian trade first. In 2016, the total value of bilateral trade between China and Russia was 459.15 billion yuan, an increase of 8.7%. Among them, exports to Russia reached 246.32 billion yuan, an increase of 14.1%. Imports from Russia reached 212.83 billion yuan, up 3.1%, and the trade surplus reached 33.49 billion yuan, up 2.5 times. In recent years, under the guidance of the heads of state of China and Russia, the comprehensive strategic partnership between China and Russia has been deepening, and the two countries have a high degree of political mutual trust, extensive economic and trade cooperation and close cultural exchanges. At present, Sino-Russian relations are in the best period in history. The two countries are comprehensively promoting the docking of the two development strategies of the Silk Road Economic Belt and the Eurasian Economic Union, and jointly promoting the construction of the "China-Mongolia-Russia Economic Corridor". The cooperation between the two countries has entered a new stage with great potential and broader prospects.

Thank you.

[Reporter of China Radio International]What do you think of China’s foreign trade trend in 2017? Thank you.

A reporter from China Radio International asked questions.
China wangzongchao

[Huang Songping]Thank you for your question. In 2016, China’s foreign trade showed a stable and positive trend, and it was not easy to achieve such results. In 2017, the international environment is still severe and complicated, and the downward pressure on the domestic economy is still relatively large. There are still many uncertain factors affecting the development of China’s foreign trade, and the foundation for supporting the continued improvement of foreign trade is still not solid.

First, the current world economy is facing many new challenges, and the downturn is still the main theme of the world economy. The latest World Economic Outlook report of the International Monetary Fund predicts that the global economic growth rate will be 3.4% in 2017, and the latest forecast of the OECD is 3.2%. It is a consensus that the global economy will still operate at a low level. The latest trade outlook report of the World Trade Organization lowered the growth forecast of global trade in goods to 1.8%-3.1% in 2017. This is the first time that the WTO has put forward an interval forecast, which means that global trade will still be difficult to pick up in 2017 and uncertainties will increase. In such a big environment, China’s foreign trade can hardly be immune to it.

Second, China’s own reform has entered the deep water area, and the pressure of foreign trade structure transformation is great. 2017 is an important year for China to implement the "Thirteenth Five-Year Plan" and the deepening of supply-side structural reforms. Many structural adjustments have entered a critical period. On the one hand, with the rising comprehensive production cost, the competitive advantage of traditional foreign trade continues to weaken. On the other hand, the imbalance of regional development in China has not yet been solved. The industrial chain supporting in the central and western regions is still not perfect, the logistics cost is high, and the efforts to undertake the eastern factor cost-based industries and order transfer are not strong. The data shows that in the first 10 months of 2016, the market share of China’s labor-intensive products in the EU decreased by 1.8 percentage points compared with the same period of 2015, the share in the United States decreased by 1.2 percentage points, and the share in Japan decreased by 2.1 percentage points, while the market share of similar products in some Southeast Asian countries in Europe, America and Japan increased in the same period. In addition, at present, China is actively cultivating new advantages in foreign trade competition, and developed economies are vigorously promoting the return of manufacturing industries, which poses a challenge for China to introduce high-quality foreign capital. Higher-quality foreign trade puts forward more urgent needs for innovation and development and independent formation of new technological advantages.

Third, the process of globalization is blocked, and trade protectionism restricts China’s export expansion. According to the report released by the World Trade Organization in June 2016, from October 2015 to May 2016, the G20 economies implemented 145 new trade restrictive measures, with an average of more than 20 new measures introduced every month. The average number of new measures per month is the highest since the World Trade Organization began to monitor trade restrictive measures in 2009. Under the background of weak economic growth, implementing trade protection, setting up trade barriers and interfering with normal trade by anti-dumping have become important means for countries concerned to seize international market share. The trend of anti-globalization has become increasingly obvious, and China has become the biggest victim of this trend. According to the latest data from the Ministry of Commerce, in 2016, China encountered 119 trade remedy investigation cases initiated by 27 countries and regions, involving a total amount of 14.34 billion US dollars. The number of cases and the amount involved increased by 36.8% and 76% respectively. In 2017, the global political situation is undergoing tremendous changes, such as the Brexit, the general elections of major European countries, the inauguration of the new US president, the presidential election of South Korea and other major events, which will bring variables to the existing policy direction or aggravate the global trade protectionism.

On the whole, we believe that the internal and external environment of China’s foreign trade in 2017 is complicated, and the difficulties it faces are not short-term. However, after years of accumulation, China’s economy and foreign trade have good resilience, sufficient potential and great room for manoeuvre. No matter how the external market fluctuates, we are confident to cope. In the field of foreign trade in 2017, as long as we grasp the general tone of the work of "striving for progress while maintaining stability", consolidate and implement the series of policies and measures of "stabilizing growth and restructuring", and strive to make various reforms benefit enterprises, foreign trade will certainly achieve results in improving quality, increasing efficiency and stabilizing development.

Thank you.

[China News Service reporter]I’d like to ask you what progress China’s foreign trade has made in improving quality and efficiency in 2016, and promoting excellence. Thank you.

China News Service reporter asked questions.
China wangzongchao

[Huang Songping]Secondly, good progress has been made in product excellence. In terms of exports, China’s exports of traditional advantageous products continued to grow in 2016, among which the exports of textiles, plastic products and toys increased by 1.9%, 0.5% and 24.9% respectively, which still maintained a good competitive advantage. At the same time, thanks to China’s abundant capital, perfect industrial system and strong manufacturing capacity, Chinese enterprises also promoted the export of equipment manufacturing and high value-added products in speeding up going abroad and promoting international capacity cooperation. The export of some mechanical and electrical products and equipment manufacturing products also maintained a good momentum, such as the export of motors and generators increased by 5%, the export of medical instruments increased by 6.1%, the export of auto parts increased by 3.5%, and the export of textile machinery increased by 3%.

From the perspective of imports, China’s imports of crude oil, copper and other commodities continued to grow in 2016, which also showed that China’s domestic economy was running smoothly and demand rebounded. At the same time, the policy effect of expanding imports and optimizing the import structure appeared, and the import of some advanced technologies, key parts and important equipment and other high-tech products increased rapidly. In 2016, the import of mechanical and electrical products in China increased by 1.9%, among which the import of turbojet engines increased by 26.8%, the ship increased by 26.6%, and the automatic control instruments and appliances for measurement, detection and analysis increased by 10.7%.

In the future, we need to face the complicated and changeable international and domestic economic situation and import and export environment more actively, strive to build a new open economic system, adhere to independent innovation, pay more attention to cultivating new advantages in foreign trade competition with technology, brand, quality and service as the core, continuously improve the quality and efficiency of foreign trade development, create a higher level of open economy, and fully realize the transformation from "big entry and big exit" to "excellent entry and excellent exit".

Thank you.

[Reporter of American International Market News Agency]As you just said, protectionism is on the rise in the world, and anti-globalization forces are also increasing. In the face of Trump’s foreign trade policy after he took office as president of the United States, what countermeasures should we have to deal with these forces that are not conducive to our trade?

A reporter from American International Market News Agency asked questions.
China wangzongchao

[Huang Songping]Thank you for your question. Nowadays, the world economy is in a period of deep adjustment after the international financial crisis. The trend of major economies and macro-policy orientation are divided, the development of global trade is in a downturn, the tendency of anti-globalization is on the rise, and trade protectionism is heating up, which greatly increases the uncertainty of the world economy.

According to the data of the Ministry of Commerce, in 2016, China encountered 119 trade remedy investigation cases initiated by 27 countries and regions, involving a total amount of US$ 14.34 billion. The number of cases and the amount involved increased by 36.8% and 76% respectively, and the number of trade remedy cases in China reached an all-time high. The tendency of politicization and extreme measures of trade friction is obvious, and the final tax rate is generally high.

Faced with the potential impact of trade protectionism in developed economies on themselves and even the world economy, it is necessary for the international community to jointly take measures to deal with it. As a responsible big country and the second largest economy in the world, China will make efforts to overcome the uncertainty of the world economy, continue to promote economic globalization and promote the sustainable development of the world economy on the basis of resolutely opposing trade protectionism.

Many journalists also expressed concern about Sino-US economic and trade relations. We believe that China and the United States have complementary economies and mutually beneficial trade. In 2016, the United States is China’s second largest trading partner and largest export market. We hope that China and the United States, the two largest economies in the world, will have better development prospects in economic and trade cooperation in the future. We will pay close attention to Trump’s foreign trade policy after he became president of the United States. Thank you.

[Japan Asahi TV reporter]Director Huang, please tell us about the trade between China and Japan last year. What do you think of the trend of Sino-Japanese trade this year?

[Huang Songping]Sino-Japanese trade, in 2016, the total import and export value of China’s bilateral trade with Japan was 1.82 trillion yuan, an increase of 5%, accounting for 7.5% of China’s total foreign trade import and export value. Japan is China’s fifth largest trading partner, with exports to Japan reaching 852.75 billion yuan, up 1.3%, and imports from Japan reaching 962.75 billion yuan, up 8.5%. The trade deficit with Japan was 110 billion yuan, an increase of 1.4 times. In the future, we sincerely hope that the economic and trade cooperation between China and Japan will develop steadily and truly achieve mutual benefit and win-win results. Thank you.

[Reporter of China Review Society]I would like to ask Director Huang to introduce the import and export trade situation of Chinese mainland and Taiwan Province in 2016, and how do you predict the trade situation with Taiwan Province in 2017? Thank you.

[Huang Songping]According to our statistics, the total value of cross-strait bilateral trade in 2016 was 1.19 trillion yuan, up 1.6% year-on-year, accounting for 4.9% of the total foreign trade of the mainland in the same period. Taiwan Province is the seventh largest trading partner of the mainland, of which mainland exports to Taiwan reached 266.43 billion yuan, down 4.3%, while imports from Taiwan reached 920.4 billion yuan, up 3.4%, with a trade deficit of 653.97 billion yuan, up 6.9%. It mainly exports integrated circuits, steel products, automatic data processing equipment, etc. to Taiwan, and imports from Taiwan mainly include integrated circuits, liquid crystal display panels, primary plastic and so on.

As for the development of trade with Taiwan, we believe that the two sides of the strait should eliminate unfavorable factors and increase favorable factors to promote the stable development of cross-strait trade. Thank you.

[Hu Kaihong]Today’s press conference is over. Thank you, Director Huang, and thank you all.

　　On April 21st, at the second plenary meeting of the 10th session of the 13th the NPC Standing Committee, Minister of Agriculture and Rural Affairs Han Changfu was entrusted by the State Council to give a report on the development of rural industries.

　　The report shows that the grain output in 2018 was 1,315.8 billion Jin, which remained above 1.2 trillion Jin for seven consecutive years. By 2018, the total number of innovative entrepreneurs returning to the countryside had reached 7.8 million.

　　Han Changfu mentioned that we should strengthen the construction of high-standard farmland, ensure the completion of 800 million mu of construction tasks in 2020 and strive to reach 1 billion mu in 2022. Backward production capacity explicitly eliminated by the state, which is listed in the catalogue of prohibited industries by the state, shall not enter the countryside.

　　"Formulate and implement policies to support the innovation and entrepreneurship of people returning to the countryside, and attract migrant workers, college graduates, retired military personnel, and scientific and technological personnel to wait for rural innovation and entrepreneurship." Han Changfu said.

　　According to the report, as of 2018, there were 7.8 million innovative entrepreneurs who returned to the countryside, and more than 31 million innovative entrepreneurs such as Tian Xiucai, local experts and township makers. 87% of the established entities are below towns and villages, and more than 80% develop industrial integration projects. More than 50% of the people returning to the countryside use information technology to innovate and start businesses, and nearly 90% are joint ventures. It is recognized that there are 1096 rural innovation and entrepreneurship parks and training and incubation bases, and the Yi Nong Information Society covers more than one third of administrative villages.

　　Han Changfu also said, "Consolidate and improve grain production capacity, implement the national food security strategy under the new situation, fully implement the special protection system for permanent basic farmland, and accelerate the delineation of 1.058 billion mu of grain production functional zones and important agricultural product production protection zones. Strengthen the construction of high-standard farmland, ensure the completion of 800 million mu of construction tasks in 2020, and strive to reach 1 billion mu in 2022. "

　　Han Changfu also said that a number of well-known and influential regional public brands and corporate brands will be cultivated, and a number of product brands with "local brand name" and "township brand name" will be created. Backward production capacity explicitly eliminated by the state, which is listed in the catalogue of prohibited industries by the state, shall not enter the countryside. Encourage the comprehensive utilization of processing by-products. Text/reporter Meng Yaxu

On July 17, Xiaomi released the first bomb of "Lei Jun asked netizens". Lei Jun, who is preparing for his annual speech, talked about Capibala, which recently exploded on the Internet, and asked if everyone liked Capibala.

Lei Jun said that after careful study on the Internet, I was in awe of it.

It turns out that Capibala is a capybara. Lei Jun said that capybara has at least two advantages, namely, it is particularly stable in mood and makes more friends and fewer enemies: learn from Capibala, embrace the world with a broad mind, have fewer enemies and more friends, and life will be better. "

　

Xiaomi MIX Flip small fold supports Meng Chong’s screen lock, and today’s preheating poster also shows Capibala.

In the tide of new energy era, consumers’ demand for high-quality luxury travel experience is growing. Chery Automobile has a keen insight into the market trend and launched a masterpiece of Fengyun series. This model, which is positioned as a "new luxury medium and large electric hybrid SUV", is redefining the standard of luxury travel with its five core advantages. Today, let’s explore the unique charm of Fengyun T9 and see how it can meet the diversified travel needs of China families.

Luxurious and comfortable space: spacious and comfortable beyond expectations

Fengyun T9 has made great efforts in space design. It takes leapfrog wide-body and large flat floor as its design concept, with a body size of 4795x1930x1738mm and a wheelbase of 2770mm, providing passengers with the largest seating space in its class. The car width of 1930mm is unique in the same class, which makes the interior space more open, making it easy for both family trips and daily commuting.

Especially worth mentioning is the flexible seat layout of Fengyun T9, which provides the option of 5+2 seats and supports 12 seat combinations to meet the travel needs in different scenarios. The second and third rows of seats support a big bed that can be put down with one button and change to 2.1 square meters per second. Whether it is a nap during a long trip or a rest in outdoor camping, you can enjoy a comfortable experience like a five-star hotel.

In addition, Fengyun T9 is also equipped with a SPA-class comfortable seat, with the electric 10-way adjustment of the main driver and the queen’s co-driver who can lie down with one button, so that both drivers and passengers can enjoy the ultimate comfort. The seat is also equipped with 10-point massage function, 3-speed heating and ventilation, which can maintain the best riding experience whether it is cold winter or hot summer.

Luxury hybrid performance: the perfect balance between power and energy saving

Fengyun T9 is equipped with Kunpeng Super Hybrid C-DM system independently developed by Chery, which is composed of a 1.5T hybrid engine, a super hybrid DHT and a hybrid battery, achieving a double leap in power and energy saving. The 1.5T engine has the highest thermal efficiency of 44.5%, and the fuel consumption per 100 kilometers under WLTC condition is as low as 5.2L, which greatly reduces the vehicle cost.

Super hybrid DHT technology makes Fengyun T9 outstanding in power performance. Whether it is pure electric drive, series drive or parallel drive, it can be intelligently adjusted according to the working conditions to ensure smooth and efficient power output. The comprehensive maximum power of the system can reach 265kW, and the maximum torque is 530N·m, and the acceleration of 100 kilometers takes only 4.26 seconds, which makes every acceleration full of passion.

At the same time, Fengyun T9 is also equipped with a full-time intelligent power management system, which supports the ultra-wide temperature band from-35 C to 60°C, and can easily cope with both severe cold and hot summer. The comprehensive battery life is more than 1400km, which completely eliminates the battery life anxiety of users.

Luxury safety standard: protect every trip in all directions

In terms of safety performance, Fengyun T9 also spared no effort. It is developed by adopting the global five-star safety standard, and the body structure uses a large number of high-strength steel and hot-formed steel, accounting for 85% and 21% respectively, providing passengers with the protection of iron wall. The double anti-collision beam design, the far-end airbag and the ultra-long pressure-maintaining penetrating side air curtain further improve the safety of the vehicle.

Fengyun T9 also gives a satisfactory answer to the battery safety problem that new energy vehicles are generally concerned about. It adopts the design of global standard safety battery core and armor battery pack, with the waterproof rating of IP68 and the ability of no heat diffusion, and can realize high-voltage power failure within 2 milliseconds after the collision, ensuring the safety and worry-free of the battery.

In addition, Fengyun T9 is also equipped with a full-scene intelligent driving escort system, including 3-megapixel ultra-HD 540 panoramic image, DMS fatigue monitoring and the latest IPB brake by wire, which makes driving safer and more convenient.

Car purchase policy and brand strength: worry-free car purchase, exclusive luxury.

In order to make it easy for more consumers to own T9, Chery Automobile has launched a generous car purchase policy. The six-fold car purchase gift with a maximum value of 34,000 yuan includes replacement subsidy, lifetime warranty of Sanpower and the whole vehicle, free flow, charging pile and installation service, lifetime road rescue and FOTA upgrade of vehicles, which reduces the cost of car purchase and car use in all aspects.

As a new energy sequence under the Chery brand, Fengyun sequence lays out a new energy track with electric hybrid as the main layout, and is committed to building a global standard and verification system through global vision and layout. In the future, Fengyun series will comprehensively cover the three major areas of hybrid, extended range and pure electricity, and launch more high-quality new energy vehicles to meet the diversified travel needs of consumers.

Fengyun T9 is leading the new trend of the new energy SUV market with its luxurious and comfortable space, luxurious hybrid performance, luxurious safety standards and luxurious international quality. If you are looking for a high-quality luxury SUV that can balance family travel and daily commuting, Fengyun T9 is undoubtedly a choice worth considering. Take action now and start your luxurious trip with Fengyun T9!

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The Cadillac XT5 creates an eye-catching appearance with its unique design language. The front face is designed with a family-style shield-shaped air intake grille, and the delicate chrome decoration enhances the sense of luxury. The body lines are smooth, showing the perfect fusion of power and elegance. The overall style is both sporty and stable, highlighting the style and personality of the luxury SUV. Whether it is the details or the overall shape, the XT5 shows Cadillac’s ultimate pursuit of aesthetics and functionality.

The Cadillac XT5 offers a unique sense of luxury with its exquisite side design. The body size reaches 4813mm*1903mm*1682mm, and the wheelbase reaches 2857mm, ensuring the comfort of the interior space. The smooth lines on the side of the car elegantly combine power and movement, showing its exquisite craftsmanship. The front and rear wheel tracks are 1645mm, and the 235/65 R18 size tires not only improve the driving stability and handling performance, but also complement the wheel style, adding a sporty atmosphere to the overall appearance.

The interior design of the Cadillac XT5 is full of luxury and technology, and the exquisite leather steering wheel is comfortable to hold. It supports manual up and down + front and rear adjustment, providing the driver with a precise control experience. The center console is equipped with an 8-inch touch screen, integrated multimedia system, navigation, phone and air conditioning functions, which are convenient to operate, and the automatic speech recognition system improves driving safety and convenience. The seats are made of imitation leather and leather, and the main and passenger seats support multi-directional adjustment, including front and rear, backrest, high and low and waist support, to ensure passenger comfort. The front seats are also equipped with heating function, and the driver’s seat is also equipped with an additional power seat memory function, while the second row of seats also supports front and rear adjustment and backrest adjustment, which makes space utilization flexible. Overall, the interior of the XT5 is designed to provide the perfect combination of premium enjoyment and practical functionality.

The Cadillac XT5 is powered by a 2.0T turbocharged engine with a maximum power of 174 kilowatts, capable of delivering 237 horsepower. This engine provides abundant energy for the vehicle with its powerful performance, and is matched with a 9-speed automatic transmission to ensure a smooth driving experience and precise shift control. The maximum torque reaches 350 Nm, meeting the driver’s demand for power and response speed.

Summarizing the comments of Autohome owners, the XT5 has won praise for its majestic appearance and strong visual impact. The front design is sturdy, and the headlights are not only considerable in size, but also impressive in brightness, exuding an aura that cannot be ignored. The owner’s description of the body lines is even more domineering side leakage, emphasizing the strong texture of the vehicle. This design undoubtedly meets the owner’s expectations for luxury SUVs, making the XT5 stand out among many options and become the perfect car to demonstrate its personality and strength.

　　[car home Information] On May 30th, the launch conference of Chery Tiggo 9 will be held in Beijing at 20 o’clock that night. The new car is positioned as a medium-sized SUV. (|) As a flagship SUV of the Tiggo family, it integrates the most advanced product technology and configuration of the Tiggo family, and the overall product has improved to a new height. At present, the official has announced its pre-sale price, and its pre-sale price range is 15.50-175,000.

　　In terms of appearance, Chery Tiggo 9 is positioned as a medium-sized SUV. Although its model meets the space demand as much as possible, the design has not been compromised because of the space demand, and it is still full of design sense. The front face adopts a polygonal large-size front grille, and the interior is supplemented by straight waterfall chrome trim strips, in which the trim strips are also meandered to enhance the three-dimensional sense of modeling and the visual effect is more atmospheric. The new car is also equipped with a long and narrow headlight group, with a number of ribs protruding from the hood and a three-stage air intake below, making the front face more aggressive.

　　The shape of the side of the car body is more slender and sporty, and a straight raised waistline directly runs through the front lamp group to the tail lamp group, further improving the visual length of the car. At the same time, the car is also equipped with front and rear stereo wheel eyebrows and dense spokes, which brings a sense of sight that is ready to go. The car adopts the design of suspended roof and hidden door handle, which makes the fashion atmosphere in place. In terms of body size, the length, width and height of the new car are 4820/1930/1699mm and the wheelbase is 2820mm respectively.

　　The tail shape also has a sense of toughness and layering. From the detailed design, it can be found that the car adopts many popular elements, such as through taillight group, large-size spoiler at the roof and two exhaust layouts on both sides. At the same time, the car also adds chrome trim under the taillights, which improves the exquisiteness of the tail shape.

　　In the interior, the brand-new two-color color scheme shows a different sense of advanced, including the addition of wood materials and warm colors, which makes the car more warm. Dual-screen design is adopted in the car, based on Qualcomm Snapdragon 8155 chip +5G Gigabit Ethernet, which brings high car performance; The zigzag air conditioning air outlet at the bottom of the screen is very distinctive. The car has the most 27 air outlets at the same level and the unique B-pillar air outlet. Virtual buttons are used in the steering wheel, gear handle and other areas, which is full of technology. The car will also be equipped with Sony’s 14-speaker surround sound and 255-color waterfall melody atmosphere lights. The new car will provide 5-seat and 7-seat seating layouts for consumers to choose from.

　　In terms of power, the new car will be equipped with Kunpeng Power 2.0TGDI engine, with a maximum power of 192kW and a peak torque of 400 N m. The traditional system is matched with a 7-speed wet dual-clutch gearbox. In addition, Tiggo 9 will provide a version of "Kunpeng Super Intelligent Hybrid" for users to choose. According to the official, its hybrid model has a full-scene intelligent four-wheel drive system, with an acceleration time of 4.5s from 0-100km, a comprehensive battery life of 1,300 km+,18 minutes of charging, and a battery capacity of 30% to 80%. In addition, the car is equipped with CDC suspension, and the hardness of the suspension can be adjusted steplessly. (Text/car home Qin Chao)

Shangrao, Yangguang. com, March 21 news (Reporter Deng Yuling) The years have passed, and the fragrance has been born, and the change of the morning and evening has reached the vernal equinox. On the morning of March 20th, 2024, the "Beautiful Shangrao Free from Landscape" Shangrao Spring Rhyme Poetry and Painting Tour Huatian Concert kicked off in Jiangling Scenic Area of Wuyuan County, the most beautiful village in China.

Golden fragrance is everywhere, and Qian Shan is intoxicated by spring scenery. This activity landed in Jiangling Scenic Area, one of the "Four Flower Seas in China", and was divided into "Shangrao Spring Rhyme Welcome to Spring Tour, Wing Chun Tour and Bite Spring Tour" around the "Beautiful Shangrao Free Landscape" Shangrao Spring Rhyme Poetry and Painting Tour. We will create a new hot spot in Shangrao’s cultural tourism market in spring by enjoying 10,000 mu of flowers, experiencing the flower field concert in an immersive way, participating in the traditional spring custom "biting spring" and other activities, as well as the online live broadcast and offline promotion of talents at home and abroad, presenting the beautiful Shangrao’s Jiangnan spring to the on-site tourists and netizens, and playing the prelude of spring to build a world tourist destination.

Spring Festival Tour Promotes Spring Route

Blue sky, white clouds and flower fields beautifully outline the beautiful and romantic fairy tale world. During the Spring Festival Tour of Shangrao Chunyun, Shangrao Tourism Promotion Officer introduced the theme of Shangrao’s spring tourism, and released five spring boutique routes of "Shangrao Chunyun Poetry and Painting Tour" in 2024. Wuyuan promoted the tourism theme of "There is a kind of spring called Wuyuan"; Counties (cities, districts) and Sanqingshan in the city have simultaneously launched more than 30 spring tourist routes with unique county characteristics, such as Sanqingshan mountain rhododendron tour route, the most beautiful rural flower viewing tour and the tortoise line. These routes meet the travel needs of different tourists from the perspectives of flower viewing, outing, camping and food, and will invite global tourists to enjoy the spring rhyme of beautiful Shangrao poems and paintings through the promotion platform at home and abroad.

Singing the Music of Flowers in the Journey of Wing Chun

Flower sea is the stage, music is the medium, and the concert in Huatian is hot. Songs such as "Rape Flowers Bloom", "I’ll wait for you in spring", "Spring Flowers Bloom" and "Sunny Day" resounded through the fields. Listen to the elegant and distant guqin performance, and watch the cheongsam show with ancient charm. The beautiful scenery with beautiful women is very eye-catching. There are also wonderful performances such as drum sets and dances.

Layers of rape flowers swayed with the wind, cheerful and melodious songs floated, and the audience was happy and intoxicated. As a well-known tourist sketch creation destination in China, in the sea of flowers, painters and art lovers from all over the country recorded this intoxicating moment with colorful brushes.

The cheerful singing at the scene infected every visitor, and the 5-year-old girl from Tianjin smiled and danced with the music, as cheerful as an elf. Xiaoxiao’s mother said happily, "Shangrao Wuyuan is a travel destination that I have been longing for for for many years." This time, I specially brought my daughter to realize my dream. Today’s activity is very lively, and my daughter is also very excited, and she also danced a little! "

The trip of biting spring awakens the taste buds of spring

The spring breeze is ten miles, the flowers are overflowing, and there is a vibrant atmosphere everywhere. While enjoying the concert, tourists can also experience the traditional culture of interesting spring in the spring biting area.

At the Yaochun Food Shop, you can taste Wuyuan spring cakes, spring rolls, radishes and other special snacks and seasonal delicacies, and fly paper kites in the sea of beautiful flowers in spring, praying for a beautiful encounter. Stroll around the spring shop to enjoy the lively atmosphere of spring and experience the journey of biting spring with audio-visual and taste buds. In the early spring, online celebrity Daren promoted Shangrao’s preferential spring tourism policies, fine spring tourism routes and special tourism commodities in the live broadcast room, and invited us to sell spring together in Shangrao.

"I have never seen such a beautiful spring with so many rape blossoms." Lena, a talented person from Ukraine, and her two friends introduced to her hometown fans through the lens: "Wuyuan in spring is as beautiful as oil painting! I love Shangrao, I love Wuyuan, the people here are very enthusiastic, the food here is delicious, I like it very much, I hope you can come and walk into the most beautiful spring in China with me! "

The event also invited Shangrao Fire Brigade to carry out fire knowledge popularization and advocate civilized tourism and safe travel. Through aerial live broadcast, knowledge explanation and other forms, we will show Shangrao’s quality tourism services in a diversified way.

During the event, the new media topic activities initiated by Shangrao Wenguang New Tourism Bureau were launched simultaneously. During the period from March 20th to May 18th this year, any video related to Shangrao Spring Cultural Tourism will be released, and the topic # I have a date with Shangrao Spring # will be added, followed and @ Shangrao Wenlv will participate in the activities to win the grand prize and traffic support.

Spring is a gift, and flowers are a letter. On this gentle spring day, meet Shangrao, unlock the journey of spring rhyme poetry and painting, share the high-quality development achievements of cultural tourism, and enjoy the rural revitalization and beautiful pictures.

Reporter Ju Hefei

The 20th Shanghai International Automobile Industry Exhibition (hereinafter referred to as "Shanghai Auto Show") will be held in the National Convention and Exhibition Center (Shanghai) from April 18 to 27, and tickets will be sold from now on.

As the "weather vane" of the global automobile industry, this year’s Shanghai Auto Show attracted more than 1,000 companies to participate actively, with a total exhibition area of over 360,000 square meters, and 13 indoor exhibition halls of "Four-leaf clover" were opened.

As the first world-renowned heavyweight economic and trade activity in Shanghai after the epidemic, this year’s Shanghai Auto Show can be described as colorful. More than 100 world premiere cars will be unveiled collectively. The chairman of the global board of directors and the global CEO of important multinational auto companies will be present in person, and the heads of the six major domestic auto groups and independent brands will also be present. In addition, mainstream auto brands and first-line parts suppliers at home and abroad are invited to participate in this auto show with high specifications. Leading enterprises in new energy manufacturing, future travel, chips, radar, ADAS, autonomous driving solutions, car networking and high-precision maps will show the latest technologies and products.

In addition to "car watching", major car manufacturers and related exhibitors will hold various new product press conferences at their booths. During the same period of the exhibition, the organizers will also hold many trade talks and technical exchange activities, as well as many special lectures, procurement matching meetings and trade fairs, covering new energy, intelligent networking, hydrogen energy and smart cars. Among them, from April 19th to 20th, the 7th International Automobile Key Technology Forum will be held in Shanghai Intercontinental Hotel, focusing on industry trends and releasing technology roadmap; On April 20th, "GTIC Smart Car Innovation Summit" will be held at the National Convention and Exhibition Center to show the new trend of industrial structure driven by intelligence.

After more than 40 years of development, Shanghai Auto Show has become the only international A-class auto show covering the whole vehicle, automobile supply chain and automobile technology enterprises in the world. It also has the largest number of exhibitors in the world, representing not only one of the highest levels of China Auto Show, but also one of the highest levels of China brand exhibitions.

The theme of this year’s auto show is "Embracing the new era of the automobile industry", which will further explore the implementation path of low-carbon transformation of the automobile industry; Focus more on building an exchange and cooperation platform to optimize the supply chain layout of the industrial chain; More intuitively show the sensory impact brought by the blending of automobile culture and fashion elements; More efforts will be made to build an automobile industry ecosystem driven by technological innovation and integration innovation, linking the world and cross-border cooperation, and depicting the infinite possibilities that cars will bring to people’s lives in the future.

Tickets for this year’s Shanghai Auto Show are all electronic tickets. Visitors must purchase in advance and complete real-name registration through the official ticketing program of Shanghai Auto Show. Tickets for the same day will not be sold at the exhibition site. After purchasing tickets with real-name authentication in advance, the audience must check their valid certificates to enter the venue. Visitors from non-Chinese mainland areas will enter the venue with valid certificates such as passports and visit in strict accordance with the date marked on the electronic tickets. On the schedule, April 18-19 is the media day, which only receives news media at home and abroad; April 20-21 is Professional Audience Day; April 22nd to 27th is the Professional and Public Audience Day.

　　An Apple 7 mobile phone with a memory of 128G was sold at a price of 270,550 after the judicial auction, and the auction platform showed that the evaluated price of this mobile phone was 140 yuan, and the price of the same mobile phone of this model on Apple’s official website was 6,188 yuan. The Beijing Youth Daily reporter noted that the starting price of the mobile phone was 100 yuan, and the price increase was 50 yuan. By the end of the auction, 2,734 people had signed up and the number of onlookers exceeded 340,000. The staff of the e-commerce platform who provided technical support for this judicial auction said that the auction was a normal auction in compliance from the system point of view. Yesterday, they also paid attention to the abnormality of the auction price, and they have already fed back to the Qinhuai District People’s Court in Nanjing, which initiated the auction, but whether the auction price is abnormal is determined by the court. The staff of the Qinhuai District Court in Nanjing said that the court will investigate whether such a high auction price of this mobile phone in the judiciary is artificially malicious speculation. However, at present, there is no illegal behavior of bidders.

　　A second-hand Apple 7 sold for 270,000 yuan.

　　Yesterday, the reporter of Beiqing Daily noticed from the platform of judicial auction that an Apple 7 mobile phone with 128G memory sold for more than 270,000 yuan, and the price of the same mobile phone on Apple official website was 6,188 yuan.

　　The auction records on the platform show that the auction started at 10: 00 am on September 7, and the bidding period is one day. The lot is an Apple 7 mobile phone with 128G memory (unformatted, with boot lock), which was seized by the Qinhuai District People’s Court in Nanjing. Auction requires bidders to pay 20 yuan’s deposit before bidding, and then they can participate in the auction. The starting price of this mobile phone is 100 yuan, and the increase amount is 50 yuan. By the end of the auction, 2,734 people had signed up for the auction.

　　Although the bidding period is one day, this auction has a delayed bidding function, that is, before the end of the auction, if a bidder bids every last five minutes, it will be automatically delayed for five minutes. The reporter of Beiqing Daily learned from the e-commerce platform that provided technical support for the auction that as long as a bidder triggers the delay function within 5 minutes, the auction will cycle until no one bids within 5 minutes.

　　Since the first bidder bid for 100 yuan at 10: 00am on September 7th, there have been 708 bidding records on the platform by the end of the auction. After inquiring about the auction records, the reporter of Beiqing Daily found that the mobile phone bid had exceeded 10,000 yuan 11 minutes after the start of shooting; At 10: 30 on September 7, the bidding has reached 50,000 yuan, and there are still people bidding continuously. Before the auction ended at 10 o’clock on the 8 th, the price exceeded 90,000 yuan and triggered a delay. At 12: 36 on September 8, the auction ended, exceeding the original auction cycle by 156 minutes, and the delay mechanism was triggered 377 times. The bidder with the final bid number k0626 ended the auction at the price of 270,550.

　　The original owner of the mobile phone is the debtor.

　　According to the enforcement ruling provided by the Qinhuai District People’s Court in Nanjing, the owner of the Apple 7 mobile phone auctioned by the Ministry was an executor, who was sentenced by the court to repay the loan for being suspected of a private loan dispute case. According to the civil judgment of Nanjing Intermediate People’s Court, the court ordered the borrower to return 15.1 million yuan.

　　Because the person subjected to execution failed to fulfill the obligations specified in the effective legal documents, the borrower applied to the court for auction to seize the property under the name of the person subjected to execution. In accordance with the relevant regulations on auction and sale of property in civil execution, Qinhuai District People’s Court auctioned the property of the person subjected to execution according to law, including this second-hand iPhone7 that was hot shot. In addition, the property seized by the executor also includes two mobile phones, a metal necklace, a watch, two bags and a suitcase.

　　In addition to this Apple 7 mobile phone with a bid price of more than 270,000 yuan, another Apple 6 mobile phone (16G memory, formatted) involved in the auction at the same time also far exceeded the previous judicial auction in terms of bidding and the number of applicants. After 995 people signed up and 51 bids, it was sold at 6,500 yuan yesterday morning.

　　In addition, the reporter of Beiqing Daily found that the transaction price of Apple mobile phones in judicial auctions is mostly lower than the market price, some as low as several hundred yuan, and some as high as 4,000 yuan, and the number of applicants is mostly tens to more than 100 people. This time, the latest auction of Apple 7 mobile phone in Qinhuai District Court set a record in bidding and the number of applicants.

　　Some people suspect that the price of 270,000 yuan is high or someone bids maliciously.

　　After the incident was exposed, there were doubts that the bidding for Apple mobile phones of more than 270,000 yuan may be a malicious auction. The reporter of Beiqing Daily found that according to the Civil Procedure Law and the Provisions on Several Issues Concerning the Online Judicial Auction of People’s Courts, if the investigation by the court is a malicious auction, it will be regarded as an act that hinders or resists the execution of the court. The court can investigate the relevant legal responsibilities of the buyer according to the seriousness of the case and take penalties such as fines and detention according to law.

　　In addition, the court may rule that the original buyer shall not participate in the bidding during the re-auction. If the buyer regrets the auction after the auction is completed, the deposit paid will not be refunded, and it will be used to pay the loss of the auction, make up the difference between the re-auction price and the original auction price, and offset the debts of the executed person in this case and the debts of the executed person related to the auction property.

　　According to the auction instructions published by Qinhuai court at Taobao auction, after the auction is completed, the buyer should pay the auction balance on time, pay it into the account designated by the court before 17: 00 on September 15, 2017, and sign the Confirmation of Auction Completion at the court before 17: 00 on September 22, 2017 and receive the auction receipt.

　　In addition, some netizens speculated based on the information such as "unformatted mobile phone with power-on lock" in the auction, whether there was important information in the unformatted mobile phone of the Ministry, and some people bid at a high price to obtain information. However, none of the above speculations have been confirmed.

　　The court will conduct an investigation and no illegal acts have been found yet.

　　The staff of the e-commerce platform who provided technical support for the judicial auction told the reporter of Beiqing Daily that the buyer’s bidding is a personal behavior, and whether the auction price is abnormal is judged by the court. "Judicial auction is very serious, the information of bidders is strictly confidential, and our platform has no right to monitor the bidding behavior of customers. This is a free bidding market in itself, and the amount of bids is decided by customers themselves." However, the staff said that it is the first time that so many people participated in the auction and the transaction price was so high. If the buyer destroys the auction, the deposit will be confiscated, and whether there will be other additional penalties will be decided by the court.

　　In response to this auction, the reporter of Beiqing Daily contacted the Qinhuai District Court in Nanjing. The staff said that this mobile phone was photographed at such a high price during the judicial auction. Whether it is normal trading or malicious speculation, the court will conduct an investigation. "The results of the investigation will also be unified." He said that according to the rules of judicial online auction, there was no violation of the rules in the bidding process. According to the rules, after the successful auction, the buyer’s deposit will be transferred to the court’s Alipay account. If the goods are auctioned and the balance is not paid, the buyer will not refund the deposit after the auction is destroyed, and the court can re-order the auction. At present, although the people who participated in the auction raised the price very high, they have not found any illegal activities yet.

　　Differentiated Positioning, Characteristic Management, New Network Bank Practice Digital Technology inclusive finance

　　Chengdu, Sichuan News Network, March 12-The orderly landing and sustainable operation of inclusive finance are still the focus of attention of all parties. In this year’s "two sessions" government work report, Premier Li Keqiang clearly proposed to "reform and improve the financial service system, support financial institutions to expand their business in inclusive finance, and strive to solve the financing difficulties and expensive problems of small and micro enterprises."

　　At the press conference held on March 2, "CBRC defuses financial risks and leads the high-quality development of banking service economy", the head of the Urban Banking Department of CBRC fully affirmed the positive role played by private banks in lowering the financing threshold, reducing bank operating costs and customer costs, and broadening financing channels. He said that CBRC would guide private banks to adhere to differentiated market positioning and actively practice inclusive finance.

　　As the seventh private bank approved for construction in China, it is also the third internet bank in China and the first internet bank in the central and western regions. Since its opening in December 2016, Sichuan Xinwang Bank has adhered to the differentiated positioning of "mobile internet, inclusive compensation" and the characteristic operation of "digital inclusive and universal connection" with the help of scientific and technological means such as mobile internet, big data, cloud computing and artificial intelligence, and complemented the advantages of prime bank with the role of "complement".

　　The person in charge of the Urban Banking Department of the China Banking Regulatory Commission said at the press conference that all 17 private banks have been opened, and their business development is generally stable, with rapid growth of assets and liabilities, good profitability and low overall risk. It is worth mentioning that: "Private banks have bright spots in serving the people and many unexpected gains."

　　First, effectively lower the financing threshold. Private banks actively use technologies such as mobile internet and big data mining to help many customers who lack credit records and collateral to obtain credit support, effectively lowering the financing threshold.

　　The second is to innovate risk control means to achieve "speed up and reduce costs". Some private banks use digital risk control system to replace the traditional manual processing of banks, and realize automatic, batch and low-cost pipeline credit lending, which not only reduces the bank operating cost and customer financing cost, but also effectively reduces the time for loan customer application and bank review, and achieves the customer experience of "second-by-second loan and real-time loan".

　　The third is to enrich financial products and broaden financing channels. Some private banks have enriched credit products, improved credit processes and helped broaden financing channels in view of the financing needs and practical difficulties of different types of customers, effectively alleviating the problem that small and micro businesses are difficult to obtain financing due to the lack of collateral and business data.

　　Adhere to the positioning of the new network bank and focus on "digital inclusiveness"

　　As a pilot of the second batch of private banks, Sichuan Xinwang Bank was jointly established by New Hope Group, Xiaomi and Hongqi Chain. At the beginning of the approval, Xinwang Bank actively responded to the regulatory requirements, taking serving small and micro groups and supporting the real economy as its fundamental purpose, building big data risk control and financial technology as its core competence, focusing on deepening inclusive finance by digital means, and providing convenient and efficient financial services for 80% of small and micro groups that have not received perfect financial services.

　　In Xinwang Bank, users don’t need to go to outlets and submit paper materials. They can apply at any time and place for 7*24 hours with only one mobile phone, and apply for loans every second, lend in real time, and pay them back with the loan, which greatly improves the availability of financial products and effectively reduces the time and cost of applying for loans for users.

　　As of January 23, 2018, there were more than 10 million users of Xinwang Bank, covering 31 provinces, municipalities and more than 300 cities across the country, and users in remote areas of fourth-and fifth-tier cities such as Bazhong, Dazhou and Nanchong in Sichuan, as well as users in Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu, who can obtain convenient and efficient financial services. Statistics show that nearly 30% of users have never enjoyed financial services and lacked credit records before applying for a loan from Xinwang Bank.

　　In terms of financing amount and service cycle, the credit products of Xinwang Bank also have the characteristics of small amount, high frequency, fragmentation and generalization. The minimum loan can be borrowed from 500 yuan, and the shortest loan can be borrowed for one day. By the end of 2017, the per capita loan amount of Xinwang Bank users was 3,300 yuan, and the average loan period was 75 days.

　　Financial technology injects new development momentum into banks.

　　In this year’s government work reports of the two sessions, scientific and technological innovation and innovation drive have also been mentioned many times. At present, technologies such as big data, cloud computing, artificial intelligence and blockchain have been deeply integrated with the financial industry. For a long time to come, financial technology will inject new development momentum into financial institutions.

　　As Liu Yonghao, member of Chinese People’s Political Consultative Conference and chairman of New Hope Group, said in the panel discussion of CPPCC, with the country’s reform and opening up and more and more open policies, private enterprises have advantages in the new economic fields represented by mobile Internet, big data and artificial intelligence.

　　In the field of new finance, as the first batch of banks that comprehensively use machine learning technology to make retail credit risk decisions, Xinwang Bank is driven by financial technology to continuously improve service efficiency and optimize user experience.

　　In the core risk control link, Xinwang Bank has independently developed an anti-fraud system, which comprehensively uses technologies and means such as face recognition, bio-probe, device fingerprint and associated network to control the anti-fraud risk. At present, it can complete the parallel execution of hundreds of rules under the current business volume, and can output results in milliseconds. By the end of 2017, the anti-fraud system effectively blocked 600,000 risk fraud attacks, ensuring the safe and smooth progress of business.

　　At the level of real-time credit decision-making, Xinwang Bank also uses artificial intelligence and machine learning algorithms to make real-time portraits, analysis and judgments of users. At present, 99.6% of the credit business has been approved by machines in the whole process, and only 0.4% of large credit and suspicious transactions need manual intervention, and the audit results can be output in 7 seconds at the earliest, which greatly improves the efficiency of credit approval and saves the operating costs of banks.

　　Under the support of financial technology, Xinwang Bank knows that it shoulders the responsibility and mission of "supporting the real economy, serving small and micro groups, and practicing inclusive finance", and will fully stimulate its dual genes of finance and Internet, adhere to differentiated positioning and characteristic operation, and rely on big data risk control and technology and finance capabilities to build a digital technology universal bank and practice digital technology inclusive finance.