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The listing broke, and the Netease cloud music bubble was finally punctured.

Author: Gao Teng

Original: Deep Eyes Finance (chutou0325)

After 8 years of long-distance running, under the noisy discussion, Netease Cloud Music finally went public on the Hong Kong Stock Exchange.

However, this jubilation also revealed a little embarrassment: with more than 80% cornerstone investors, Cloud Music (9899.HK) broke in the 12th minute of its first day of listing, and closed down 2.49% that day, falling below HK$ 200 to HK$ 199.9.

I have talked about the "feelings" for many years, and I have broken the ground in front of investors.

1, bloody listing, there will be acid behind the acrimony

For the first day performance of Netease Cloud Music, investors on Snowball have long been one-sided bearish, and keywords such as "cutting leeks, selling feelings, and rubbing heat" have a high frequency.

Even the Netease label behind it failed to arouse everyone’s confidence.

In this listing, Netease Cloud Music introduced Netease, Sony Music Entertainment and Orbis Investment Management Co., Ltd. as three cornerstone investors, with a total subscription of 350 million US dollars, exceeding 80% of the total public offering shares. By this means, the liquidity on the first day was locked up.

However, to boss Ding’s surprise, Cloud Music broke its hair cleanly.

In the case of a large proportion of cornerstone investors, Netease Cloud Music fell below HK$ 200 in just one hour. That is to say, only 20% of the investors made Cloud Music look gray on the first day, which is absolutely embarrassing in the history of IPO of Hong Kong stocks in recent years.

From this point of view, the role of cornerstone investors is more like a "sedan chair", and they will work together to send Netease Cloud Music to the Hong Kong Stock Exchange.

Moreover, from its "clever" listing opportunity, it just confirms its speculation of "cutting leeks". After all, if the opening of copyright is really a big plus, Netease Cloud Music can take off with it. Why rush to go public? Waiting for a year or two to go public, isn’t the market value higher?

If you are just short of money, it is better to directly raise funds from partners or Netease, and there is no need to go public in a hurry.

Therefore, we are more inclined to think that several cornerstone investors have a tendency of "non-long-term" investment, and as can be seen from the disclosure of the prospectus, the lock-up period of cornerstone investors is only six months, which is really "reluctant" compared with many cornerstone investors who have been inactive for several years.

2, three major problems, cracking is still no clue

In fact, from the twists and turns of Netease Cloud Music’s listing trip, we can see its guilty conscience.

On May 26, 2021, Netease Cloud Music submitted a prospectus to the Hong Kong Stock Exchange; August 1st, passed the listing hearing and uploaded the post-hearing data set; Seven days later, Netease Cloud Music announced that it would "consider suspending listing"; More than three months later, Netease Cloud Music restarted the IPO…… …

Behind all the actions, in fact, we have been closely following the news of "merger with Xiami Music" and "copyright opening", stepping on the tuyere in a down-to-earth manner and looking for the most favorable opportunity.

So, why should Netease Cloud Music be guilty? After carefully turning over the prospectus, "Deep Eyes Finance" found three main points.

First, huge losses are difficult to reverse, and user growth is in a bottleneck.

According to the prospectus, Netease Cloud Music’s operating loss reached 4.9 billion yuan in the past three years and exceeded 1.5 billion yuan in 2020, and its liabilities increased from 8.86 billion yuan in 2018 to 16 billion yuan in mid-2021. It is predicted in its prospectus that it will lose money for another three years.

This means that after the listing of Netease Cloud Music, it is extremely unlikely to rely on profit to boost the stock price, and Netease Cloud Music is also very embarrassed in key valuation indicators such as traditional users and payment rates of Internet companies.

The data shows that the user stickiness of Netease Cloud Music is not as strong as the outside world imagined. There are only 16 million paid members, and the payment rate in 2020 is 8.8%.

In this way, the traditional Internet enterprise-driven valuation model is not suitable for it at all, and in terms of development speed, competition difficulty, industry attributes, etc., Netease Cloud Music can’t support the stock price with only a few key indicators like Pinduoduo and biopharmaceuticals.

Second, copyright is still the main problem, but it is not hard enough to strike the iron itself.

In 2018, Tencent Music and Netease Cloud Music reached an agreement on the cooperation of online music copyright, and authorized music works to each other, reaching more than 99% of their own exclusive music works, and agreed to carry out long-term cooperation on music copyright, while actively opening music works authorization to other online music platforms.

However, in the core music copyright such as Jay Chou, Netease Cloud Music is still missing. The copyright that has not yet returned is essentially due to the failure of the transaction, and the most important thing in the business world is the spirit of contract. However, the past of Netease Cloud Music packaging and selling Jay Chou’s collection in the middle of the night before it was taken off the shelves in 2018 is too memorable.

Speaking of independent musicians, although it is claimed that 300,000 independent musicians have settled in, let’s not forget that Netease Cloud Music has repeatedly reported the news of "exploiting small UP owners" in terms of musicians’ terms, which is not the "Prince Charming" of independent musicians.

Third, the live broadcast is difficult to solve the temporary thirst, and it is difficult to support the high valuation by realizing the story.

In the case that copyright is at a disadvantage, Netease Cloud Music is eyeing the live broadcast. According to the data, the revenue of Netease Cloud Music, Social Entertainment and other sectors increased to 2.673 billion yuan in the third quarter (mainly from the sales of virtual goods, with live broadcast revenue as the main form).

However, the live broadcast service that was finally explored has passed the era of "collecting money" at will.

For example, as a representative of the live broadcast industry, Huya closed at $8.29 in the third quarter, far from the peak of $54.28. This shows that the era of the live broadcast industry has long passed, and the industry structure has basically taken shape. Netease Cloud Music wants to launch a new track in the non-outlet era, just like sailing against the current, which will definitely get twice the result with half the effort.

When a business misses the "time", it will be difficult to do anything. Rather than making money, it is better to say that it is temporarily undertaking the capital story of Netease Cloud Music. What’s more, it will provoke another kind of "involution" and turn the copyright dispute into a musician’s dispute. As a result, just like the game live broadcast industry in previous years, the ultimate key is to burn money.

In this way, Netease cloud music will be more difficult to get out of the quagmire.

3, mired in the whirlpool, the future is still unclear

If all these problems are superficial "slots", then another problem exposed in the prospectus may make investors more depressed.

In the column of "Our Next Plan" in the prospectus, Netease Cloud Music did not clearly indicate the method and direction of realizing, but only explained with "continuous innovation" and "further diversifying our realizing ability", which shows that Netease Cloud Music is still at a loss in exploring the realizing path, or even has no clue. Combined with the first day of breaking, it is an iron fact that Netease Cloud Music is overvalued.

Of course, it is worthwhile for every investor to sum up and reflect on the overestimation of Netease Cloud Music. Shenyou Finance believes that Netease Cloud Music is overvalued step by step because it is good at using three points:

First, taking advantage of the concerns brought by industry attributes, it continues to cause contradictions and topics.

In the Internet era, the online music market has experienced ups and downs, from "copyright-free" to "copyright-owned" and then to "one super and many strong". Its development is not only related to the changes of many industries, but also the "sample" and "amplifier" of the Internet industry from the rough to the standard. Music has penetrated into everyone’s life, and the sky-high copyright and stars naturally bring their own topics, so the online music market naturally attracts the attention of the public and the media.

Second, anchor multiple objects and continue to tell emotional stories.

Ding Lei, the head of Netease, regarded Netease Cloud Music as Netease’s next fist product. In the cold winter of 2018, Netease abolished many businesses including "Netease Mint", and then sold Netease koala to Ali. However, it was once reported that the disc was played late at night, so Netease Cloud Music inexplicably added a layer of Ding Lei’s BUFF.

Moreover, the Netease business behind it has always been extremely dependent on games, and there is a lack of content platforms on products, especially on traffic platforms such as communities. As an independent product, Netease Cloud Music has actively attached itself, creating an illusion for the outside world, making the outside world think that Netease Cloud Music will bear the heavy responsibility of the group. Behind the investment in Netease Cloud Music, it is essentially investing in Netease and betting on the expectation that a "pro-son" will turn into a "prince".

Third, the topic sensitivity under "weak communication".

In the book "Weak Communication", a thought-provoking theory is told: the world of public opinion gives priority to the weak, and the strong dominates when competing for attention and the weak dominates when striving for recognition.

In real life, the most powerful are kings, bosses and elites; But in the songs, the most powerful people are civilians, soldiers and ordinary people. Working people are being sung, soldiers are being sung, children lang, tramps and bakers are being sung.

Netease Cloud Music has tasted the sweetness of "the advantage of the weak" in the field of public opinion in recent years.

For example, on August 31st, Tencent Music announced that it would give up its exclusive copyright, but Ding Lei said at Netease’s financial report meeting, "I hope it will be implemented sincerely, and don’t be duplicitous".

Over the years, Netease Cloud Music has thrown out some strange words from time to time to arouse the curiosity of the people who eat melons and create a weak image. However, in addition to "complaining about others", Netease Cloud Music has not made much moves in its own business development and innovation in recent years.

In this atmosphere, ordinary people who eat melons may be in the fog, but professional investors know that even if the copyright is further opened, it will only reduce the competition difficulty of Netease Cloud Music. It needs to be hard to strike the iron. The experience and historical experience of copyright opening in 2018 show that there is no robbing the rich to help the poor in the competition of commercial products, and we cannot hope for charity of competing products.

4. Conclusion

Investors are always sober, especially in the mature Hong Kong stock market.

In the listing ceremony, Netease Cloud Music played a "cloud ringing bell"-in addition to ringing the bell offline, Ding Lei also held the world’s first "meta-universe" listing ceremony through Netease Fuxi immersive activity system "Yaotai".

We can see that Netease Cloud Music is still telling stories, but this time it met with investors. The first day of the break shows that no one believes in this "fig leaf" and no longer pays for the so-called "feelings".

The latest response from CDC!

On January 14th, National Health Commission held a press conference to introduce the prevention and treatment of respiratory diseases in winter in China and answer reporters’ questions.

Influenza is still the main respiratory disease at present.

Mi Feng, spokesperson of the National Health and Wellness Commission and deputy director of the Propaganda Department, said at the meeting that since the New Year’s Day, the number of fever clinics in medical institutions nationwide has fluctuated and declined. At present, the main respiratory diseases are influenza, the infection in Covid-19 is at a low level, and the medical services are generally stable and orderly.

Mi Feng said that since the New Year’s Day holiday, the cross-border tourism between North and South has been popular. Tourists from south to north enjoy different natural environment and cultural atmosphere. There is a great difference in climate between the north and the south, so we should pay attention to the weather changes and road safety at the destination and along the way. Continue to adhere to good hygiene habits such as wearing masks scientifically, washing hands frequently, ventilation frequently and keeping social distance, and identify respiratory symptoms in time and see a doctor in time.

Wang Dayan, director of the National Influenza Center of the Institute of Virology, China CDC, said that recently, the data of multi-channel monitoring system showed that after the New Year holiday, the epidemic situation in COVID-19 was still at a low level, among which the positive rate of Covid-19 in sentinel hospitals remained below 1%, and the proportion of JN.1 mutants showed an upward trend. According to experts’ judgment, due to the continuous input of JN.1 mutant, the gradual decline of domestic influenza activity and the decline of people’s immune level, the infection situation in Covid-19 may rebound this month, and JN.1 mutant will probably develop into the dominant epidemic strain in China.

Will patients who have been infected with influenza A be infected with influenza B again?

According to Wang Dayan, seasonal influenza includes subtype A H1N1, subtype A H3N2 and influenza B. The southern provinces of China have entered this influenza epidemic season since early October 2023 and the northern provinces since late October 2023. In the early stage, influenza A (H3N2) virus was the main epidemic strain. In the past five weeks, the proportion of influenza B virus in northern provinces continued to rise to 57.7%, and in the past three weeks, the proportion of influenza B virus in southern provinces continued to rise to 36.8%, and the proportion of influenza B virus in some provinces exceeded that of influenza A virus.

Influenza A and B viruses are distinguished by the sequence characteristics of their genes and proteins, and the seasonal influenza caused by them is difficult to distinguish in clinical symptoms. If we want to distinguish and identify influenza A virus or influenza B virus, we need to rely on pathogen typing.

In the same influenza epidemic season, there are usually different types and subtypes of influenza viruses, but the proportion is different. The immune response after getting influenza A cannot provide immune protection for influenza B. Even if you have had influenza A in this epidemic season, you may be infected with influenza B virus again. It is recommended that high-risk people be vaccinated as soon as possible.

Will respiratory diseases such as influenza A or B be repeatedly infected?

Wang Guiqiang, director of the Department of Infectious Diseases of the First Hospital of Peking University, said that winter is the season with frequent respiratory diseases, including influenza (influenza A, influenza B), Covid-19, respiratory syncytial virus, adenovirus and mycoplasma, etc. The immunity established by these pathogens after infection is not lasting and can be repeatedly infected, and the pathogens have no cross-protective immunity and can be infected simultaneously or alternately.

Repeated infection in a short time, because the immunity established by infection still exists, the condition is often milder; When different pathogens are infected at the same time, the disease may worsen, the respiratory immune barrier will be damaged after infection, and the risk of bacterial infection will increase, especially for the elderly, children and patients with basic diseases.

It is suggested that the symptoms of upper respiratory tract infection should be differentiated and diagnosed in time, and antigen or nucleic acid detection should be carried out. After the diagnosis is confirmed, targeted treatment can be carried out-

The flu can be treated with anti-influenza drugs such as oseltamivir or mabaloxavir; The elderly, children and patients with basic diseases should use anti-influenza drugs at an early stage.

If Covid-19 is infected, early application of anti-COVID-19 drugs can relieve symptoms, shorten the course of disease, reduce the risk of severe illness and hospitalization, and reduce the risk of further transmission.

How will respiratory diseases affect the cardiovascular system?

According to experts, whether it is bacterial, viral or mycoplasma infection, it may affect the cardiovascular system, especially the elderly, which needs attention.

The most common is myocardial involvement, which leads to myocarditis; Arrhythmias, such as premature beats and atrial fibrillation. For patients with existing cardiovascular diseases (hypertension, coronary heart disease, atrial fibrillation, heart failure, etc.), the disease may recur or worsen.

We should improve our ability of identification and prevention-

Once respiratory infection occurs, you should pay attention to rest and active treatment.

After the symptoms such as fever and runny nose have improved after the treatment of respiratory infection, chest tightness, shortness of breath, chest pain and even edema of lower limbs should be seen as soon as possible, and ECG, echocardiography, dynamic ECG, myocardial enzymes and heart failure indicators should be checked to determine whether cardiovascular diseases are involved.

Original title: "The latest response from China CDC! 》

Read the original text

The kitchen waste should be treated on the spot, and the concept should be innovated to improve the technology.

  Author: Zhong Wang’s

  On May 1st, Beijing officially implemented the new garbage classification regulations. At the press conference on epidemic prevention and control held in Beijing on May 6th, Zhang Yan, deputy director and spokesperson of Beijing Urban Management Committee, introduced that after the implementation of waste classification, other wastes used for incineration will be reduced, and the tight incineration balance can be alleviated. At the same time, qualified units are encouraged to install kitchen waste water control, impurity control and local treatment equipment, so as to minimize waste generation at the source.

  The statement that the garbage disposal capacity is "tightly balanced" will inevitably make people who are concerned about urban garbage disposal and environmental governance feel tight. In fact, almost every city faces the problem of tight garbage disposal capacity. It has been proved to be an effective way to reduce the pressure of garbage disposal and reduce the negative impact of garbage on the environment by implementing garbage classification and treating garbage according to its types. Recently, Shanghai and Beijing have successively implemented compulsory garbage sorting methods, which is a powerful response to the problem of "garbage besieged city".

  It is another idea to alleviate the problem of garbage disposal by technical means to encourage the installation of kitchen waste on-site treatment equipment in relevant places. Compared with centralized treatment, on-site treatment of kitchen waste can promote waste reduction, reduce treatment cost and avoid secondary pollution from the source. However, due to various factors, people rarely see this equipment in their daily lives, and the related technology is not popular enough.

  Policy advocacy will help accelerate the landing of kitchen waste local treatment equipment. As early as 2012, the "Shanghai Municipal Domestic Waste Sorting Facilities and Equipment Configuration Guidelines (Trial)" proposed that vegetable farms and bazaars should be equipped with local crushing, dehydration or biochemical treatment devices for kitchen waste when conditions permit. The new version of the Regulations on the Management of Domestic Waste in Beijing also mentioned that if it reaches a certain scale and has the conditions for on-site treatment, it should build a standard on-site treatment facility for kitchen waste in accordance with the relevant provisions of this Municipality, and treat and recycle kitchen waste on the spot. In addition, Shenzhen, Ningbo, Guizhou and other places also have related experiments and practices.

  In some people’s understanding, kitchen waste on-site treatment equipment is still a new thing, and some units are worried that they do not have the installation conditions, or they are worried about the cost of equipment. Therefore, on the basis of policy advocacy, we need to take concrete and feasible ways to guide and innovate the concept of society and the public. For example, the government put forward specific standards and suggestions for the installation of kitchen waste on-site treatment equipment, implemented subsidies in production and sales, and supported industries to establish a positive profit-making model, thus accelerating the popularization of kitchen waste on-site treatment technology.

  Earlier, it was also reported by the media that the operation of kitchen waste local treatment equipment is often accompanied by odor discharge. Although the machine has the function of odor prevention, it is sometimes difficult to completely erase the smell. In addition, the large-scale treatment equipment consists of secondary sorting table, garbage crusher, microbial fermentation bin, waste gas treatment system, sewage filtration system, etc., occupying a large area. This has put forward higher requirements for the site where the unit installs equipment, which not only meets the needs of on-site garbage disposal, but also allows the equipment to operate fully, and can not affect the normal life of people around it.

  The effective operation of kitchen waste on-site treatment equipment also depends on refined management. After the treatment of kitchen waste, it also involves the problem of how to treat and use the output. As far as the original intention of technical design is concerned, after the kitchen waste is treated on the spot, its output can be used as fertilizer. Giving full play to the value of the output "turning waste into treasure" will also affect the promotion of kitchen waste on-site treatment equipment.

  Encourage qualified units to install kitchen waste on-site treatment equipment, which opens up new ideas for urban domestic waste treatment. Of course, the application of good technology depends on people’s acceptance. In the process of promotion, it is necessary to strengthen publicity and let the society know and understand the advantages of on-site kitchen waste treatment equipment; It is also necessary to strengthen policy support, take practical measures to improve the technological environment, and prevent enterprises and residents from having a heavier economic burden.

  In the final analysis, improving the treatment of municipal solid waste is related to people’s daily life and is also a manifestation of being responsible for future generations. Relevant government departments and people should bear the relevant responsibilities and work hard for a long time to create a good atmosphere for garbage sorting, make the environment drier and make life better. (Zhong Wang’s)

The goal of improving the ecological environment quality was successfully completed, and the proportion of excellent surface water quality sections increased by 23.8 percentage points.

The reporter learned from the recently held national conference on eco-environmental protection that in 2022, the construction of beautiful China was solidly promoted, the discharge of major pollutants in the country continued to decline, the goal of improving eco-environmental quality was successfully completed, and the eco-environmental protection work achieved hard-won new results.

According to the Ministry of Ecology and Environment, in 2022, 25 new cities across the country were included in the scope of clean heating support in the northern region, and the ultra-low emission transformation of 210 million tons of crude steel production capacity and the rectification of more than 46,000 outstanding volatile organic compounds were completed. We will continue to investigate and rectify the sewage outlets of the Yangtze River, the Yellow River and the Bohai Sea into the sea, start the investigation and evaluation of the pollution situation of mines left over from the history of the Yellow River Basin, promote the remediation of black and odorous water bodies in county towns and county-level cities, delimit township-level centralized drinking water source protection zones, and implement actions to improve the water quality of rivers entering the sea. Carry out actions to prevent and control the source of heavy metal pollution such as cadmium in agricultural land soil. Environmental improvement in 16,000 administrative villages has been completed nationwide. The construction of a "waste-free city" was launched in an all-round way, and 14 new pollutants were included in the key control list.

According to reports, in the past 10 years, China has continued to fight the defense of blue sky, clear water and pure land, and the prevention and control of pollution has advanced in depth, and the improvement of ecological environment quality has achieved remarkable results. The average concentration of PM2.5 in key cities in China decreased by 57%, and the concentration of PM2.5 in cities at prefecture level and above fell below the first-stage transition value of 35 μ g/m3 determined by WHO for three consecutive years from 2020 to 2022. In 2022, the proportion of days with excellent air quality in cities at prefecture level and above reached 86.5%, making China the country with the fastest improvement rate of air quality in the world.

In the past 10 years, the proportion of excellent surface water quality in China has increased by 23.8 percentage points, reaching 87.9%, which is close to the level of developed countries. For three consecutive years, the main stream of the Yangtze River reached Grade II water quality, and the main stream of the Yellow River reached Grade II water quality for the first time. The proportion of excellent water quality in coastal waters nationwide increased by 17.6 percentage points. Black and odorous water bodies are basically eliminated in the built-up areas of cities at prefecture level and above. In the past 10 years, China has successfully achieved the goal of "zero import" of solid waste, effectively controlled the environmental risks of soil and groundwater, and significantly improved the rural ecological environment.

The Ministry of Ecology and Environment said that the prevention and control of environmental pollution will be further promoted in 2023.

Promote the blue sky defense war-promote the construction of environmental infrastructure such as natural gas pipeline network, promote clean heating in the northern region in an orderly manner according to local conditions, promote ultra-low emission transformation and comprehensive treatment of key industries, carry out in-depth treatment of volatile organic compounds, deepen joint prevention and control of air pollution in key areas, and implement the noise pollution prevention and control action plan.

Promote the defense of clear water-promote the pilot project of water ecological assessment in the Yangtze River basin, comprehensively implement the rectification of tributaries entering the Yellow River, organize the rectification of black and odorous water bodies in cities (including county towns), consolidate and improve the level of drinking water safety, and comprehensively strengthen the supervision of mariculture, marine engineering, marine dumping and marine garbage.

Promote the battle of defending the pure land-strengthen the implementation effect of major projects to control the source of soil pollution, strengthen the control of soil pollution in production enterprises and closed relocation enterprises, delimit key areas for groundwater pollution prevention and control, and continue to promote rural environmental improvement. Strengthen the treatment of solid waste and new pollutants, further promote the high-quality construction of "waste-free cities", further promote the reform of strengthening the supervision, utilization and disposal capacity of hazardous wastes, start the pilot project of new pollutant treatment, and carry out in-depth prevention and control of heavy metal pollution in key industries. (Reporter Liu Yi, Yan Jiangze)

The friendship between Zhou Enlai and Lao She, a people’s artist, is sincere and sincere.

    Lao She is a famous modern novelist and dramatist in the literary world. He graduated from Beijing Normal School in 1918 and once taught in primary and secondary schools in Beijing. In 1924, he went to England and taught at the Oriental College of London University. Returning to China in 1930, he served as a professor in cheeloo university and Shandong University successively; During the Anti-Japanese War, he presided over the All-China Association of Literary and Art Circles against the Enemy; After the victory of the Anti-Japanese War, he went to the United States to give lectures and write. Laoshe, a native of Beijing, has experienced the ups and downs of Beijing for decades and the changes of the times, and has created a large number of works reflecting Beijing’s social life, such as Camel Xiangzi and Four Generations under One roof. His language is popular, humorous, mellow and powerful, and he is known as the "master of language". His works are well-known, with a strong flavor of life, and are deeply loved by the people. Camel Xiangzi and Teahouse are still playing for a long time on the stage of drama and the screen of film and television.


    When people mention Lao She, they will think of his classic works. Little did they know that Lao She grew from a progressive patriotic writer to a revolutionary people’s artist under the care and influence of Zhou Enlai. The deep friendship between him and Zhou Enlai is widely read in the literary and art circles.


    Go under the anti-Japanese banner


    Zhou Enlai was Lao She’s earliest contact with the Communist Party of China (CPC) leader.


    After the "July 7th Incident", with the Japanese army advancing step by step, Shanghai and Nanjing fell one after another. At that time, 700 or 800 cultural figures retreated to Wuhan from all over the country. At that time, Zhou Enlai was carrying out anti-Japanese national united front work in Wuhan, and implementing the second cooperation between the Kuomintang and the Communist Party.


    In order to make the intellectuals gathered in Wuhan unite more closely and resist Japan with greater strength, Zhou Enlai instructed the Communist party member Yang Hansheng and others to prepare and organize an all-China literary and art anti-enemy association. At the end of 1937, Yang Hansheng first organized a "Literary Association" in propose to create in his own name, which immediately received enthusiastic response from all sides. Just at this time, Lao She also came to Wuhan. After Zhou Enlai, Wang Ming and General Feng Yuxiang discussed together, they are going to invite Lao She to preside over the work of "Literary Association". Although Lao She had no connection with the Communist Party of China (CPC) before, he was a famous writer with great sense of justice and patriotism. After the outbreak of the Anti-Japanese War, he declared: "I am not the Kuomintang, nor communist party. I will go with whoever really fights against Japan, and I am an anti-Japanese faction."


    After more than a month of intense preparations, on March 27, 1938, the All-China Anti-Enemy Association of Literary and Art Circles was formally established. Lao She was elected as the executive director and director of the General Affairs Department of the Literary Association (because the Literary Association does not have a chairman and president, the director of the General Affairs Department actually bears the overall responsibility, representing the Literary Association externally and meeting with the domestic prime minister), and Zhou Enlai was elected as the honorary director of the Literary Association. From then on, for a common goal, Zhou Enlai’s contacts with Lao She gradually increased. They cooperated sincerely and respected each other, and carried out their work in a colorful way.


    Zhou Enlai led many aspects of work in the Kuomintang-ruled areas, shouldering heavy responsibilities and busy work, but he still often took time out to come to the "Literary Association" to meet and talk with everyone, understand the situation, and give concrete guidance and help to the work of the "Literary Association". Every time he comes, he will "make people feel warm and draw strength from it" (Lao She’s language).


    In May, 1938, the "Literary Association" held the second Council, and Zhou Enlai was invited to attend. The meeting was warm and fruitful. In his conference report, Lao She gave a wonderful account of the scene at that time. He wrote: "… it’s Mr. Zhou Enlai’s turn to speak. He is very happy to sit and eat with so many literati, not just for the sake of eating, but for everyone to work together so intimately and with such concerted efforts. He said that we must try to get some money for the Literary Association, so that everyone can write more articles and make the conference more developed. Finally (with tears in his eyes), he said that he would be excused, because the old father will arrive in Hankou at ten o’clock tonight! (Applause) Violent enemy forces us to suffer losses and misfortune. Violent enemy forces my old father to come to the south, and life and death are all due to the aggression of violent enemy, but life and death have strengthened our unity. "


    Zhou Enlai’s sincere emotional contagion impressed everyone present. Lao She further learned that Zhou Enlai is not only an outstanding, patriotic and charismatic leader of the Communist Party of China, but also a passionate man with flesh and blood, full of emotion and great appeal.


    Lao She’s wife Hu? Qing later recalled: "During this period, although Lao She was still wandering in the fog, he was deeply proud of knowing such an outstanding proletarian revolutionary with a patriotic and sincere heart."


    Through many cordial contacts with Zhou Enlai, Lao She gradually deepened her understanding of the Communist Party of China (CPC), and finally "became a loyal and reliable friend of communist party" without hesitation and conviction. He once said with emotion, "This is communist party, nothing else. Is selfless, for the country and for the people! Enthusiastic attention to everyone, eyes everywhere! "


    Under the influence of Zhou Enlai, Lao She made the work of "Literary Association" fruitful. Later, the "Literary Association" was further developed, with branches all over the country and many activities, which lasted until the victory of the Anti-Japanese War and became the predecessor of the National Literary Federation and the National Writers Association. It made two historical contributions to the victory of the China Revolution: First, it united a large number of patriotic cultural figures. The Anti-Japanese War was one of the best periods for China literati to unite in history. The second is to make literature popular and popular. When the "Literary Association" held its inaugural meeting, the slogan hanging on the streets of Wuhan was "Articles Join the Army, Articles Go to the Countryside". It should be said that these two slogans have greatly influenced the trend of China literature since then. There is nothing but the painstaking efforts of Zhou Enlai and Lao She.


    Recall for the motherland


    After the victory of the Anti-Japanese War, Lao She and Cao Yu accepted the official invitation of the United States to give lectures in the United States, engaged in cultural exchanges between the two countries, and kept on writing. After the expiration of one year, the civil war broke out in China, and Lao She stayed in the United States. During this period, Zhou Enlai has been trying his best to achieve domestic peace, and then he planned and dispatched troops to defeat the Kuomintang reactionaries.


    In spite of this, Zhou Enlai has never forgotten Lao She, a literary giant who made great efforts for the Anti-Japanese War. In 1949, when Beiping was peacefully liberated and the national literary and artistic workers were reunited, Zhou Enlai first thought of Lao She, who lived abroad. He knows Lao She’s yearning and yearning for the new China, and his pain and depression in a foreign country.


    On July 6, 1949, the National Congress of Literary and Art Workers was held in Beijing. At the meeting, Zhou Enlai said with deep emotion to the gathered writers: "Now Mr. Lao She is the only one, so please ask him to return to China anyway."


    After a lapse of three months, Lao She, who was in new york, received a personal letter from Zhou Enlai inviting him to return home, which made Lao She overjoyed. Regardless of his weakness after the operation, he quietly prepared to return to China. On December 12, 1949, Lao She overcame many difficulties and finally returned to his long-lost motherland, missing day and night, and began a new page in his life.


    The day after his arrival in Beijing, Lao She went to visit Zhou Enlai, accompanied by Yang Hansheng, regardless of the fatigue of the journey. I haven’t seen you for years. The two reunited old friends shook hands as soon as they met and refused to let go for a long time.


    After returning to Beijing, facing a brand-new world, Lao She was filled with joy and passion. He obeyed Zhou Enlai’s orders, except to visit his old friends, and he was immersed in reading and writing. After reading Mao Zedong’s Speech at Yan ‘an Forum on Literature and Art, he realized that to be an artist, he must serve the workers, peasants and soldiers and the people. Zhou Enlai also mentioned this on the day he talked with himself. As a writer of the old times, if he wants to write about the new era and new life, and he doesn’t have enough ideological reform and experience of the new social life, if he writes rashly, he will make mistakes. Later, when talking about the feelings of this period, Lao She said: "In the past, I could rely on’ inspiration’, with a wave of my pen, and I only wanted to be happy for a while, but I was irresponsible to readers. Now, I am responsible for political thoughts and readers. Being eager for success will make me give up from disappointment. "


    New works are multiplied in concern.


    Zhou Enlai loves literature and art and has a high literary and artistic accomplishment. Zhou Enlai has seen almost all the plays written by Lao She, not only watching them, but also helping to give advice and help to modify them, and some even directly participated in the creation from beginning to end. Lao She admired Zhou Enlai’s noble character, noble sentiment, outstanding talent and extraordinary ability, and he drew infinite strength from this mentor.


    In May 1950, Zhou Enlai attended the inaugural meeting of the Beijing Federation of Literary and Artistic Workers. At the meeting, Lao She was elected as the chairman of Beijing Federation of Literary and Art Circles. Lao She is very familiar with all aspects of Beijing society. He knows everything that his eyes can see, his ears can hear and his nose can smell, especially the dark side of old Beijing.


    At noon on July 24th, Zhou Enlai hosted a banquet for Lao She, encouraging him to create more works for the people, and to write more about his familiar Beijing and its changes. Zhou Enlai is very concerned about Lao She’s creative plan. Lao She told Zhou Enlai that he was going to write a drama about the changes of Longxugou, praising Chairman Mao, communist party and the new government by comparing the old and new society. Zhou Enlai was very happy to hear that. When Lao She said that he had made an appointment to go to Longxugou for a field interview the next day, Zhou Enlai repeatedly said, "Yes, yes, I must go and wait to see your new play."


    Laoshe’s drama Longxugou reflects the change of a slum in the southern suburbs of Beijing, which is an indictment of the old society and a praise of the new society. After the script of "Longxugou" was written, when it was about to be staged, some people had concerns. First, it was fashionable to play foreign dramas at that time, and it was afraid that playing "Longxugou" would not suit people’s interests; Second, at the time of resisting U.S. aggression and aiding Korea, the performance of Longxugou was afraid of being divorced from reality. Zhou Enlai did not agree with this view. He thought Longxugou was of great practical significance and was of great benefit to establishing the prestige of the new regime. Not surprisingly, Zhou Enlai expected that "Longxugou" was very popular with the audience after it was staged, and it was popular all over the country for a time. Lao She also won the honorary title of "People’s Artist". Zhou Enlai not only enjoyed the play Longxugou himself, but also recommended this excellent work to Mao Zedong. One night in the spring of 1951, Mao Zedong and other party leaders watched the performance of Longxugou in Huairentang, Zhongnanhai.


    In the fresh and warm atmosphere of new China, Lao She was inspired by many works, and his artistic talent was fully exerted. In the process of his creation, Zhou Enlai has always given him enthusiastic attention. He encouraged Lao She to write more familiar things, and gave specific guidance from the creation plan to the creation content. Whenever a new play by Lao She is staged, Zhou Enlai always takes time out of his busy schedule to watch it, and puts forward many pertinent opinions from the script to the performance.


    Lao She was constantly guided by Zhou Enlai, especially when he created political works that he was not familiar with. When Lao She wrote the script Chun Hua Qiu Shi, he felt that it was very difficult to write because he was unfamiliar with the social class described, and he could not grasp it easily. To this end, Zhou Enlai helped him to analyze and find out the problems one by one, and they often discussed them until late at night.


    Chun Hua Qiu Shi reflects the duality of China’s national bourgeoisie under socialist conditions. Zhou Enlai explained the Party’s policy towards the national bourgeoisie to Lao She in detail, and pointed out that we should not ignore the capitalist’s willingness to accept transformation after struggle under the socialist system because we emphasized the struggle and restriction on capitalists. He also reminded Lao She that the play must not be turned into political propaganda. He hoped that Lao She would write according to his own style and use humorous language tricks that he was good at. He said that what the masses need is a play of flesh and blood, a real work of art.


    Zhou Enlai also often reminds and encourages Lao She to make new writing plans. It is often heard that Lao She said to the comrades in the theater, "The Prime Minister has given me a new topic again." Often this will lead to a new drama. It can be said that the birth of each of Lao She’s works is permeated with Zhou Enlai’s painstaking efforts.


    Among Lao She’s later plays, Zhou Enlai admired Teahouse the most. He especially appreciated the first act, thinking that the plot was moving, the performance was wonderful and the artistic appeal was strong. He said that the younger generation should be shown Teahouse to let them know the darkness of the world in old China. He believes that young people should have an image of the old society, and it is not enough to rely on reason. A few years later, Zhou Enlai watched Teahouse again. After the break, he invited Lao She and the actors together to bring up the issue of educating young people. He said that the play should give young people an inspiration: ask them to think about what is the driving force of history and who is the hero of history. Although the script was later revised to add scenes of student movements, Zhou Enlai felt that it was not ideal. He said that it is still worth studying what events to choose as a typical stage in modern history, and he especially hopes that Lao She will carefully consider it. Unfortunately, neither of them cared about it later.


    Zhou Enlai not only knows Lao She’s inner world very well, but also his personality characteristics are very clear.


    On one occasion, Zhou Enlai held a symposium on cultural work in Ziguangge, Zhongnanhai. At the meeting, Lao She talked about his desire to live in Shihezi Junken Farm in Xinjiang for a few days and experience life. Out of concern for his health, Zhou Enlai immediately chimed in and said, "You are old, your legs and feet are inconvenient, and the conditions in the border areas are more difficult, so you are afraid that you will not adapt. You don’t have to run so far to experience life. You can choose a place closer, or you can’t kneel down. It is also a way to take a quick look. " When the words were spoken, Zhou Enlai immediately felt that he had interrupted Lao She’s words and immediately apologized: "Oh, I interrupted your speech. I’m sorry, please go on." Lao She glanced at Zhou Enlai, raised his voice and said with a smile, "I’ve finished talking to you, what else can I say!" In a word, everyone laughed.


    Zhou Enlai and Lao She are always honest with each other. When he hosted a banquet for a Korean friend, Lao She was so drunk that he was unconscious. When Zhou Enlai found out, he criticized him rudely. As soon as Lao She got home, he said to his wife, "I got a good criticism today." Since then, Lao She has never been drunk. Of course, there are also times when Lao She "will" Zhou Enlai. At a meeting of the National People’s Congress, Lao She took the stage and spoke bluntly, saying that too many meetings were a disaster, which squeezed the writing time and asked him to be relieved of his social part-time job, so that he could calm down and write more scripts. Zhou Enlai later said at a meeting of the Chinese People’s Political Consultative Conference: "Comrade Lao She once gave me an army at the National People’s Congress and asked him to arrange some time for business. We should take care of these comrades and don’t be too nervous. "


    Zhou Enlai’s association with Lao She is also reflected in his meticulous care in life. Zhou Enlai frequented Lao She’s residence "Dan Persimmon Yard" to talk about creation and life with him. One afternoon in 1959, Zhou Enlai just arrived at Lao She’s yard and asked Lao She’s wife Hu? Qing: "How is Mr. Lao She recently?" Danghu? When Qing told Zhou Enlai that she had suffered from a severe bronchitis the other day, Zhou Enlai immediately asked her to talk about the situation in detail and asked, "Has Lao She been in the hospital? Are you cured now? ….. "After hearing hu? After Qing’s answer, Zhou Enlai said, "I’m going to criticize you now. Why didn’t you report this to me?" Hu? Qing embarrassedly admitted that she didn’t think of it. Zhou Enlai then said very seriously: "In the future, no matter what illness the old man is willing to give up, you should report to me immediately." Then, Zhou Enlai walked into the room and talked with Lao She. Both of them are talkative people, and Lao She is full of anecdotes, which is playful and funny. On that day, they seemed to have endless words, and they were still in the mood at dinner.


    After a while, Zhou Enlai shouted Hu? Green’s name, crying hungry, went down to the kitchen to find food in person. Lao She and his wife had long wanted to invite Zhou Enlai to dinner, but they were unprepared at the moment and couldn’t come up with anything to entertain them. Now they are embarrassed to see Zhou Enlai looking for food. When Zhou Enlai saw this situation, he quickly said, "You don’t have to prepare specially. I will eat whatever you eat." Say that finish, he continued to talk with Lao She. Not long after, Hu? Qing hurriedly served a plate of scrambled eggs and a plate of dried fish. Zhou Enlai was happy at first sight and smiled at Hu? Qing said, "Like Xiao Chao, you are an intellectual and you are not good at cooking."


    Zhou Enlai’s meticulous care and help made Lao She deeply moved and turned it into a driving force for progress. From the founding of New China to the outbreak of the "Cultural Revolution", Lao She achieved fruitful results in his creation and made gratifying achievements in publishing 21 plays. Among them, Camel Xiangzi, Teahouse and Longxugou are famous in China’s modern literary world for their unique features and high artistic value.


    Sad memory, friendship lasts forever


    As Lao She eulogized the Communist Party of China (CPC) heartily, eulogized the people’s new life and prepared to contribute more spiritual food to the people, a sudden storm swept through and threw him into the abyss.


    In the first few months of the "Cultural Revolution", Lao She was dragged by the Red Guards to attend one criticism meeting after another. He was charged with "reaction" and advocated the restoration of capitalism …


    About August 24, 1966, Lao She couldn’t bear the inhuman insult and torture, so he threw himself into the lake in anger and fought to death. When Lao She was insulted by her personality and was extremely indignant, Zhou Enlai was the first thing that came to mind. The only sentence he left was "The Prime Minister knows me best, and the Prime Minister knows me best …"


    Unfortunately, at this time, Zhou Enlai was busy coping with and dealing with all kinds of thorny problems brought about by this "storm" that even he didn’t expect, and he was unable to stop the tragedy.


    When Zhou Enlai learned the news of Lao She’s disappearance, he was worried and sent someone to look around. Zhou Enlai was shocked and indignant when he learned the bad news of Lao She’s death. He once stamped his feet in front of the staff around him and said, "How can I explain to the society after getting Mr. Lao She to this place?" He immediately instructed the relevant departments to investigate. However, what Zhou Enlai has done is too late after all. Lao She has thrown himself into Taiping Lake in the northern suburbs with full of doubts and anger. Zhou Enlai cone heart to cry, shock, guilt, regret, indignation … all coming to him, he can’t help but ponder: Why? Why?


    After Lao She’s accident, Zhou Enlai immediately worried about Lao She’s wife Hu? Green’s mood and safety. He asked Wang Kunlun, vice mayor of Beijing, to visit Hu on his behalf. Green, and ask Wang Kunlun to learn more about Hu? Green’s situation.


    In the days to come, every once in a while, Hu? The imprisonment around Qing was removed. The first thing to unfreeze is Lao She’s contribution deposit. The bank was ordered to inform Hu? Qing said that the money can be freely controlled by her and her children. Hu? Green know, it is Zhou Enlai that giant hand in quietly moving all this, do both clever and expressionless. She was moved to tears.


    In the next few years, the situation became even more difficult to control. Zhou Enlai was always in trouble, and it was too late to rehabilitate Lao She. However, he tried his best to break through all kinds of obstacles and protect a large number of outstanding talents on the literary and art front.


    In the late period of the "Cultural Revolution", when Zhou Enlai was seriously ill and admitted to the hospital for treatment, he never forgot his old friend. He chose the anniversary of Lao She’s death, that is, August 24th, and came to Beihai Lake with a heavy heart to solemnly mourn the soul of Lao She.


    Zhou Enlai looked at the clear water in front of him with a dignified look, lost in thought, and bowed his head for a long time. Suddenly, he asked the medical staff accompanying him for a walk by the lake, "Do you know what day it is today?" The medical staff replied that they didn’t know.


    Zhou Enlai looked serious and lamented in a low voice for a long time: "Today is the memorial day of Mr. Lao She!" After a little hesitation, Zhou Enlai asked again, "Do you know how he died?" The medical staff replied: "I have heard about it, but I don’t know …"


    "I know!" Zhou Enlai said firmly, "I’ll tell you in detail." ……


    During the long silence, Zhou Enlai lamented the loss of an excellent people’s artist in New China, or was he deeply saddened by his failure to fulfill his responsibility of protection? These ingredients seem to be there, but, "one thing seems to be certain, his thoughts have flown back to his old friend Laoshe (in Shu Yi, the son of Lao She)."


    On June 3rd, 1978, two and a half years after Zhou Enlai’s death, friends from the literary and art circles in Beijing and the whole country held a grand symbolic ceremony for Lao She to lay her ashes. Mao Dun, chairman of the Chinese Writers Association, said in his eulogy: "Mr. Lao She is a famous patriotic writer … His works have been warmly welcomed and loved by the people and enjoyed a high reputation at home and abroad." Ba Jin, a famous novelist, published an article in the newspaper, praising Lao She as a model of China intellectuals. Ba Jin said: "I am really ashamed of not being able to save him, and I am ashamed of my generation."


    That day, Deng Yingchao came very early. She held Hu? Green’s hand, the first sentence is: "If En Lai is still alive, he will come first today!" " Deng Yingchao also said: "The Prime Minister often mentioned Lao She’s name before his death, and he missed Lao She very much. ….. I also came here in advance on purpose today, in order to attend Lao She’s memorial service on behalf of En, and to salute him. " (An Yuying Meng Hong)

Editor: Fan Jing

The fault of the Bureau of Land and Resources, the Housing and Urban-Rural Development Bureau, and the housing and construction department has made the residents carry the pot!

  CCTV News:I bought a house, but I couldn’t get a property right certificate and couldn’t prove that the house was my own. Such a strange thing happened to 144 households in Runchengjiayuan, Min County, Dingxi City, Gansu Province. Then, why can’t these 144 households apply for property rights certificates?

  Runcheng Jiayuan, located in the east of Min County, Gansu Province, was developed and constructed by Gansu Runyu Real Estate Development Group Company. There are 6 buildings in the residential area, among which buildings 1, 2 and 3 are multi-storey residential buildings facing the street, and buildings 5, 6 and 7 in the residential area are high-rise residential buildings with elevators. Most of the residents of these three high-rise residential buildings stayed around 2013 to 2014, and 144 of them bought houses with mortgage loans. At the beginning of check-in, when these 144 households wanted to apply for the property right certificate, the developer rejected them like this.

  Residents of Runchengjiayuan in Min County:It’s said that you mortgage houses, and you have to pay back the money before you can get a property right certificate. At that time, we didn’t know much about it, and we thought what others said was reasonable. We didn’t have enough money here, so we certainly wouldn’t give you anything. We thought it was reasonable.

  But in fact, according to the regulations, even households who buy houses with loans can apply for real estate certificates, but they need to be mortgaged in the bank after the documents are completed. So why do developers fabricate lies to deceive property buyers?

  Wang Ping, General Manager of Gansu Runyu Real Estate Development Group Company: To tell the truth, it’s just dragging on until the formalities are completed.

  So, what is the developer delaying? What are the procedures for the house that has been checked and accepted? Soon, users who bought a house in full and handled the property right certificate also found problems.

  Residents of Runchengjiayuan in Min County:There was a business resident who went to get a mortgage, saying that our house could not get a mortgage.

  After discovering the problem, the residents consulted the local authorities and got such an answer.

  Residents of Runchengjiayuan in Min County:It is said that these high-rise buildings in the back are also over-sized, and the developers there occupied more area when they developed.

  It turns out that about one-third of the land occupied by buildings 5, 6 and 7 has not obtained the legal land use right, so it is impossible to apply for the title certificate of immovable property.

  The problem of land license for over-occupying 5.9 mu of land

  It stands to reason that the state has strict regulations on the approval and use of land for commercial housing development. How is the land of Runcheng Jiayuan in Minxian County over-occupied? Is there any problem with the construction procedures of Runcheng Jiayuan? What’s wrong with this land? With one question after another, the reporter visited the relevant functional departments of Min County.

  After investigation, the reporter learned that the land where Runcheng Jiayuan is located was originally a yard used by Runyu Company, the developer of Runcheng Jiayuan, to pile up building materials. Developed by Minxian County in 2008, Runyu Company obtained the right to use this plot by auction, and obtained the land use certificate on October 31st of that year, with the right to use an area of 9,155.57 square meters, for the construction of residential quarters. However, in 2017, when the local real estate registration department measured the actual land, it was found that the area of Runcheng Jiayuan did not match the area of the land use certificate.

  Du Xiaozhong, Director of Min County Real Estate Registration Bureau:When surveying and mapping, we found that Runcheng Jiayuan occupied an area of over-occupied. The actual occupied area originally granted to Runyu Company was more than 7,000 square meters, but now it accounts for more than 10,000 square meters, an increase of more than 3,900 square meters, that is, 5.9 mu.

  The reporter saw on a drawing of surveying and mapping Runcheng Jiayuan in July 2018 that the actual area of this community with legal use right was 7,637.64 square meters, which was inconsistent with the 9,155.57 square meters on the land certificate obtained by Runyu Company after it obtained the land use right. Why did the land area with the right to use shrink?

  Hou Shaoping, Director of Minxian Real Estate Registration Center:In the process of development, a Minzhou East Road was planned in the county. At that time, when it was sold to Runyu Company, the boundary of the land was almost two or three meters away from the riverside. Finally, Runyu Company gave in when the county gave in to reunification. This map appeared after the concession, with an area of 7637, nearly 1500 square meters less than the original.

  According to the Land Administration Law of the People’s Republic of China, the state may expropriate or requisition land and make compensation for it in the public interest.

  Xie Xiaozhong, Director of the Housing and Urban-Rural Development Bureau of Min County:Transfer of land has to be handled according to transfer, either monetary resettlement or compensation for land.

  However, Runyu Company did not ask for compensation after letting out the land that it had obtained the right to use.

  Wang Ping, General Manager of Gansu Runyu Real Estate Development Group Company:No, we didn’t ask for it either. It is also appropriate for us to build a house and build a road ahead. After the road was completed, my building couldn’t be built, so I took part in the place of Taozhu cun.

  Runyu Real Estate Development Group Co., Ltd. said that after giving up the construction land of Minzhou East Road, the construction of Runcheng Jiayuan Community moved eastward as a whole, but there was still not enough land for the construction of Buildings 5, 6 and 7, so it illegally occupied the collectively owned land without the right to use it.

  In the investigation, the reporter found that the reason for illegal land occupation is not only the construction of public roads, but also the problems in the construction approval procedures of this community. In Minxian Housing and Urban-Rural Development Bureau, the reporter saw the earliest design drawings of this community. This drawing, which was drawn in August 2008, indicated that the design area of Runcheng Jiayuan was 11,971 square meters. On December 24, 2008, the then Minxian Urban-Rural Development Bureau issued a construction land planning permit for the project construction, and the permit showed that the project land area was also 11,971 square meters. Then, at that time, the developer only got the land use right of 9155.57 square meters. Why did it increase by 2816 square meters in the design drawings?

  Xie Xiaozhong, Director of the Housing and Urban-Rural Development Bureau of Min County:We issue land use planning permits on the basis of two things, a certificate from the Land and Resources Bureau and a land certificate, which add up to exactly 11,971 square meters.

  The reporter found that the basis for proving that Runyu Real Estate Development Group Company can own the land use right of 2,816 square meters more comes from a memo stamped with the official seal of Minxian Land and Resources Bureau, which shows that the land certificate of 2,816 square meters is being processed. At that time, Min County Urban and Rural Construction Bureau issued a construction land planning permit based on this note.

  Reporter:What are the legal documents recognized in the land use planning permit?

  Xie Xiaozhong, Director of the Housing and Urban-Rural Development Bureau of Min County:Land transfer contract, if he used to have his original land certificate, we will use his land certificate. If it is new land, it will definitely be obtained through transfer. He should have a land transfer contract.

  Reporter:Is it legal for the Bureau of Land and Resources to give you a stamped note, strictly speaking?

  Xie Xiaozhong, Director of the Housing and Urban-Rural Development Bureau of Min County:Strictly speaking, this should be illegal. In order to speed up the progress of this project, we have issued this certificate.

  Due to the institutional reform, the functions of the former Minxian Land and Resources Bureau have been merged into the current Minxian Natural Resources Bureau, and the deposit of this memo has been lost, and the handlers cannot confirm it. In this way, Runyu Real Estate Development Group Company obtained a land use planning permit of 11,971 square meters with a land use certificate of 9,155.57 square meters and a "land certificate of 2,816 square meters is being processed", of which 9,155.57 square meters was occupied by urban road construction of 1,500 square meters. When the project was completed, there was no verification of the actual occupied land in the acceptance project of the housing and construction department, so 144 households were unable to apply for the property right certificate.

  The developer has begun to pay the land transfer fee.

  After finding the cause of the problem, we should start to solve it. What should be done with the land occupied by developers? When can 144 households get the property right certificate? Because the land occupied by Runcheng Jiayuan belongs to the collective, and according to Article 9 of People’s Republic of China (PRC) Urban Real Estate Management Law, the land owned by the collective in the urban planning area can be transferred to the state-owned land with compensation only after it is requisitioned according to law.

  Du Xiaozhong, Director of Min County Real Estate Registration Bureau:The imperfect over-occupied area, 5.9 mu, was first submitted for approval, and it was submitted for approval from the collective construction land to the state-owned construction land.

  The reporter saw that the Dingxi Municipal People’s Government’s land requisition document showed that the collective land of Taozhu cun, which was occupied by Runcheng Family Garden, was agreed to be expropriated as state-owned land, and the nature of the land was changed, making it suitable for real estate use. However, because the real estate land belongs to the business land, if you want to pay the transfer fee, you must also openly sell it by bidding, auction and hanging, and you can’t directly sell the land to Runyu Real Estate Development Group by paying the land transfer fee.

  In order to solve the problems related to real estate registration in the county, in June 2019, the Minxian People’s Government issued the Opinions on Handling the Problems Left over from the Unified Registration of Real Estate in Minxian County, and in October, the Gansu Provincial Department of Natural Resources also issued the Notice on Supervising the Work of Resolving the Problems Left over from the Registration of Real Estate, which provided a policy basis for solving the problems. The problem of real estate registration can be solved by paying back the land transfer fee. Just when the policy problems were solved, the developers did not show the enthusiasm to solve the problems.

  Wang Ping, General Manager of Gansu Runyu Real Estate Development Group Company:No money? Enterprises are in trouble, and this year is depressed. Thinking of putting it off until next year.

  On December 1st, the media reported the troubles of Runcheng Jiayuan’s residents. The next day, Runyu Real Estate Development Group paid back 3.57 million yuan of land gold and 109,000 yuan of taxes. On the afternoon of December 2, when we were interviewing in the residents’ home, the residents received a phone call informing them to apply for a permit.

  Staff of Runyu Real Estate Development Group Company:You can do it now. If you are in a hurry, you can do it in the lobby of the Real Estate Bureau.

  The reporter also saw in the government affairs hall of Minxian County that some households in Runcheng Jiayuan are handling real estate warrants.

  At present, the property right certificates of residents in buildings 5, 6 and 7 of Runcheng Jiayuan are being processed. As of December 5, 42 households have processed the property right certificates that should have been legally processed long ago.

Severe diseases have expanded to 28 kinds! The new regulations on critical illness insurance have a far-reaching impact on the industry.

  The definition of mild diseases was introduced for the first time in the revision of relevant codes in critical illness insurance, and three core diseases, namely malignant tumor, acute myocardial infarction and sequelae of stroke, were divided into two levels according to their severity. In addition, from the perspective of protecting the interests of consumers, this revision has particularly optimized the risk margin. From the price point of view, for mainstream critical illness insurance products, under the premise of the same guarantee responsibility, the price of critical illness insurance products will drop slightly; For regular critical illness insurance products, the prices of some age groups will drop significantly.

  Recently, insurance association of china and the Chinese Medical Doctor Association issued the Standard for the Use of critical illness insurance’s Disease Definition (Revised Edition in 2020), the Chinese Actuaries Association issued the Experience Incidence Table of Major Diseases in China’s Life Insurance Industry (2020), and China Banking and Insurance Regulatory Commission, China issued the Notice on Relevant Matters Concerning the Use of the Experience Incidence Table of Major Diseases in China’s Life Insurance Industry (2020). At this point, the relevant specifications of critical illness insurance, which the industry has been concerned about, have been revised.

  Statistics show that from 2007 to 2018 alone, critical illness insurance provided consumers with more than 3,000 products, covering nearly 200 million person-times, paying about 1.8 million person-times and paying more than 100 billion yuan. At present, critical illness insurance accounts for nearly 60% of the total premium of health insurance business, and the revision of relevant regulatory documents has a far-reaching impact on the development of life insurance industry.

  The definition of mild diseases was introduced for the first time.

  Jia Biao, deputy director of the Personal Insurance Department of China Banking and Insurance Regulatory Commission, China, said that critical illness insurance is an important type of insurance in China, and whether the definition of disease is scientific and reasonable is the core of the product protection responsibility of critical illness insurance.

  The definition of mild diseases was introduced for the first time in the revision of relevant codes in critical illness insurance, and three core diseases, namely malignant tumor, acute myocardial infarction and sequelae of stroke, were divided into two levels according to their severity.

  The relevant person in charge of insurance association of china said that through scientific classification, on the one hand, it has fully adapted to the development of medical diagnosis and treatment technology, and some diseases that used to be serious diseases, but currently have low medical expenses and good prognosis, are clearly defined as mild diseases, making the compensation standard more scientific and reasonable; On the other hand, it also adapts to the reality of critical illness insurance market development, and has formulated clear industry standards for mild diseases that are common in the market at present, so as to standardize market behavior.

  In terms of the number of diseases and the scope of protection, the original definition of 25 serious diseases was improved and expanded to 28 serious diseases and 3 mild diseases, and the scope of protection was moderately expanded. Three kinds of severe diseases were added, namely severe chronic respiratory failure, severe Crohn’s disease and severe ulcerative colitis. At the same time, three definitions of mild diseases have been added to the scientific classification of three core serious diseases: malignant tumor, acute myocardial infarction and sequelae of stroke. Previously, the industry was more concerned about whether thyroid cancer would be excluded from the scope of critical illness protection, and a final conclusion was reached after the release of the new standard. This revision did not exclude thyroid cancer, but graded it according to the severity of the disease and paid it according to the severity.

  According to the new standard, according to the severity of the disease, the expenses of diagnosis and treatment and the prognosis, the upper limit of the amount of insurance for mild illness is determined to be 30%. The insurance company shall reasonably set the corresponding insurance amount for minor diseases that are newly added in the critical illness insurance products.

  According to the latest medical progress, the new standard also expanded the coverage of 8 diseases including major organ transplantation, coronary artery bypass grafting, heart valve surgery and aortic surgery, and improved and optimized the definitions of 7 diseases including severe chronic renal failure.

  In addition, regarding whether cancer in situ is included in the scope of critical illness protection, after comprehensive consideration, this revision will not include cancer in situ for the time being. However, on the basis of diseases specified in the new regulations, insurance companies can add the responsibility of cancer protection in situ in critical illness insurance products to meet the diversified insurance protection needs of consumers.

  Xing Wei, president of insurance association of china, said that after the implementation of the new regulations, insurance companies should further strengthen industry self-discipline, provide good customer service and ensure the smooth and orderly development of their business. At the same time, we will continue to strengthen cooperation with the National Health and Wellness Commission and the Chinese Medical Doctor Association, and explore the establishment and improvement of a long-term working mechanism for defining and standardizing serious diseases.

  The revision of the list of serious diseases has laid a solid foundation.

  If the revision of the definition of critical illness insurance disease gives consumers a new understanding of major diseases, then the revision of the new version of critical illness table provides an important information standard for insurance companies to design new products.

  For the first time, the revision of the critical illness table has realized that data information covers all life insurance companies, all critical illness insurance products, all business links of underwriting and underwriting claims, and all historical data from the advent of critical illness insurance products to the end of 2018. A total of about 2,900 disease insurance products were sorted out, 160 diseases were extracted, nearly 400 million underwriting data and 5.87 million claims data were collected, and manual supplementary records were implemented for about 750,000 claims with incomplete information. In addition, the Chinese Actuaries Association also made full use of new technologies such as artificial intelligence, new methods such as machine learning model and new tools such as automatic cleaning of claims texts, and completed the classification of claims texts of more than 5 million claims cases, as well as the subdivision of claims for 105 serious diseases, 55 mild diseases, 26 cancer sites and 80 causes of death, and formed technologies and application tools that can be directly exported to the outside industry.

  It is worth mentioning that in this revision, the exclusive reference table of the total experience incidence rate of diseases in Guangdong-Hong Kong-Macao Greater Bay Area under the 2020 edition definition specification was compiled for the first time, which plays an important role in the innovative development of exclusive products in Guangdong-Hong Kong-Macao Greater Bay Area. For the first time, the reference table of the incidence of two representative sexually transmitted diseases of the elderly under the 2020 version of the definition specification was compiled, which created a precedent for the research and analysis of the incidence of serious illness experience of the elderly, and was of great significance to the innovation and supply of exclusive insurance products for the elderly.

  Li Jinsong, deputy secretary-general of China Actuaries Association, said that the release of the revised list of critical illness is an important measure for the insurance industry to implement the important spirit of the CPC Central Committee and the State Council, strengthen the infrastructure construction of the insurance industry, structural reform of the supply side of service finance, and prevent and resolve financial risks. It is also an important measure for implementing the strategic deployment of the CPC Central Committee and the State Council on the construction of Guangdong-Hong Kong-Macao Greater Bay Area, "Healthy China 2030" and promoting the development of aged care services, which is of great significance in promoting the high-quality development of the insurance industry, adhering to long-term stable operation, and protecting consumers’ rights and interests.

  In the next step, under the guidance of China Banking and Insurance Regulatory Commission, China, China Actuaries Association will further play the role of professional platform, gather the strength of the whole industry, explore the establishment of a long-term working mechanism for dynamic adjustment of critical illness tables, and better serve the development of health insurance industry.

  There will be new changes in the pricing of new products

  Faced with the revised new specification and the new version of critical illness table, consumers are most concerned about what changes will be brought by critical illness insurance products.

  According to Jia Biao, the transition period of critical illness insurance products is from the date of publication to January 31, 2021. After the transition period, companies are not allowed to continue to sell critical illness insurance products developed based on the old specifications. This means that before the end of the transition period, products that have passed the filing can continue to be sold, and new products will also be listed for sale if they pass the filing. However, insurance companies may upgrade or stop selling old products one after another based on multiple factors such as rates and prices.

  The reporter consulted a number of life insurance companies and learned that after the relevant regulatory documents were released for comments, various insurance companies have started the calculation and adjustment of critical illness insurance products. With the release of the new regulations, new products will be submitted to the regulatory authorities for the record, and will be listed for sale after passing. In this regard, Jia Biao said that China Banking and Insurance Regulatory Commission requires insurance companies to develop critical illness insurance products that meet the requirements of the new regulations. Companies should also strengthen sales management, and it is strictly forbidden to mislead sales by switching between new and old norms, and it is strictly forbidden to stop selling by speculation.

  Regarding the price of new products that consumers are generally concerned about, the relevant person in charge of the China Association of Actuaries said that there are many factors that affect the price of critical illness insurance products, including guarantee responsibility, interest rate, expense rate, and the incidence of serious illness. Different products have different sensitivities to various factors, and the incidence of serious illness is one of the important factors. From the perspective of protecting the interests of consumers, this revision has particularly optimized the risk margin. From the price point of view, for mainstream critical illness insurance products, under the premise of the same guarantee responsibility, the price of critical illness insurance products will drop slightly; For regular critical illness insurance products, the prices of some age groups will drop significantly. (Economic Daily China Economic Net reporter Yu Yong Li Chenyang)

Practicing Lucid waters and lush mountains are invaluable assets’s concept and striving to build a world-class tourist destination.

  Hunan Daily, March 29th (all-media reporter Deng Jing Xian) From 28th to 29th, Zhang Qingwei, secretary of the provincial party committee and director of the Standing Committee of the Provincial People’s Congress, investigated the development of tourism industry, red culture, rural revitalization, national unity and food safety in Zhangjiajie. He stressed that it is necessary to thoroughly study and implement the spirit of the Sixth Plenary Session of the 19th CPC Central Committee and the important instructions given by General Secretary of the Supreme Leader to Hunan’s important speech, thoroughly practice Lucid waters and lush mountains are invaluable assets’s concept, make good use of red resources, tell red stories well, work hard, and work hard to build a world-class tourist destination, so as to meet the party’s 20th victory with practical actions.

  Provincial leaders Xie Weijiang and Yang Haodong participated in the survey.

  In Hunan Gankun Biotechnology Co., Ltd., Zhang Qingwei has a deep understanding of food production, operation and processing flow, and encourages enterprises to find a correct position, strengthen brand building and expand market space. He pointed out that it is necessary to strictly implement the responsibility of food safety supervision so that the people can buy clearly and eat with confidence. When he came to Zhangjiajie National Forest Park, Zhang Qingwei listened carefully to the introduction of scenic spot operation and epidemic prevention and control, and demanded to strengthen the training of employees, give play to the role of party member cadres and Red Cross volunteers, optimize tourism services and management, and form a global tourism development atmosphere of "everyone participates and everyone benefits". In Tianmenshan National Forest Park, Zhangjiajie, Zhang Qingwei cordially communicated with the merchants in the scenic spot, stressing the need to increase the development of online and offline tourism projects, enrich the supply of tourism products, strengthen forest fire prevention propaganda, and ensure the safe and orderly operation of the scenic spot.

  Going deep into Hequn Village, Furong Bridge Bai Township, Sangzhi County, Zhang Qingwei walked into the villagers’ homes, talked with them about their family life and development, and told the local cadres and masses to know and feel the party’s gratitude and continue to struggle from generation to generation. He stressed that it is necessary to implement the strictest farmland protection system, improve the rural living environment, block the intergenerational transmission of poverty, and let the people pocket it. In Hongjiaguan Bai Township, Sangzhi County, Zhang Qingwei presented a flower basket to the bronze statue of Comrade He Long and visited the memorial hall and former residence of Comrade He Long. He said that we should learn from the revolutionaries of the older generation, strengthen our ideals and beliefs, strengthen our sense of purpose, carry forward the revolutionary spirit, build and develop the hometown of revolutionary ancestors, and be the "respondents" who are satisfied with the people.

  After listening to the work report of Zhangjiajie City, Zhang Qingwei stressed that efforts should be made to promote the normalization and long-term effectiveness of Party history study and education, vigorously carry forward the great spirit of party building, inherit the red gene, faithfully support the "two establishment" and resolutely achieve the "two maintenance". It is necessary to work hard to consolidate and expand the achievements of poverty alleviation and effectively link with rural revitalization, give play to the role of rural party organizations as leaders, cultivate characteristic industries, advocate civilized rural customs, and consolidate and promote national unity. It is necessary to make great efforts to run the first Hunan Tourism Development Conference well, see actual results, and actively explore new modes of tourism development under the condition of normalized epidemic prevention and control, so as to hold a meeting and prosper a city. It is necessary to make great efforts to coordinate epidemic prevention and control and economic and social development, see actual results, scientifically and accurately grasp various measures for epidemic prevention and control, do a good job in spring ploughing production, fully stimulate endogenous motivation, and accelerate the development of county economy. We must work hard to strictly manage the party in an all-round way, see actual results, strengthen the construction of work style, improve our ability and skills, and promote the improvement of social atmosphere with the improvement of party style and political style.

Over the years, Shuibai has drunk 7 bottles of bottled water, and the purest one is it.

What do you drink? Have a bottle of mineral water!

This is probably the most common dialogue in daily outings, and we have become very accustomed to selling it in supermarkets.Small bottled water is called mineral water.For mineral water, it seems that no one has ever been as entangled as drinking drinks. Which brand is better?

Which brand is healthier?But is bottled water really all mineral water? Actually, it is not!

Over the years, Shuibai has drunk 7 bottles of bottled water, and the purest one is it.

Today, we have selected seven kinds of bottled water that are most common to everyone from the bottled water on the market. Let’s take a look at the differences between these eight kinds of bottled water!

Bottled water is not as simple as you think, some are "pure" and some are "impure"

We are all used to calling bottled water mineral water, but in fact mineral water is just one of many kinds of bottled water. At present, mineral water is roughly divided into four types:

Over the years, Shuibai has drunk 7 bottles of bottled water, and the purest one is it.
Wahaha is pure water without impurities.

Pure water:"Pure water without impurities" made by RO reverse osmosis membrane technology, distillation and other processes.

In principle, it can be said to be pure H2O. For example, Wahaha, Runtian and Nestle used in this test are all pure water.

Over the years, Shuibai has drunk 7 bottles of bottled water, and the purest one is it.
Chunyue is artificially added mineral water.

Mineral water:Mineral water is generally made of urban tap water as raw water, then purified, added with minerals, sterilized and filled.

It can be seen that there are additives such as potassium chloride and magnesium sulfate on the ingredient list of some bottled water. Why should additives be added to drinking water?

This is artificial mineral water. Are these additives harmful to human body?

Please rest assured that all the products that can be marketed are products that meet the national Hygienic Standard for the Use of Food Additives (GB2760-2007). For example, the pure joy and ice dew in this test are all mineral water.

Over the years, Shuibai has drunk 7 bottles of bottled water, and the purest one is it.
Nongfu Spring is natural water, not natural mineral water.

Natural water:Low-level treatment (filtration, ozone treatment, etc.) of surface water or underground spring water, artesian well water, etc., to retain the mineral elements necessary for human body in raw water. For example, the most classic Nongfu Spring is typical natural water.

Over the years, Shuibai has drunk 7 bottles of bottled water, and the purest one is it.
Baisui Mountain is a natural mineral water.

Natural mineral water:Water containing a certain amount of minerals and trace elements is collected by natural gushing or drilling in the deep underground. For example, the Baisui Mountain in this test is natural mineral water.

OK, after seeing the above categories, do you think that the water in these years has been wasted? There are so many classifications of bottled water, which used to be collectively called mineral water.

Test: Purity of pure water varies. Natural water contains more minerals.

So is the water that is nominally XX water really XX water? Next, we will test it through a professional small instrument to see how the water quality of each bottle is.

Over the years, Shuibai has drunk 7 bottles of bottled water, and the purest one is it.

TDS and mineral content of 7 bottles of water were measured with TDS pen and mineral pen.

I don’t know, according to the measured results, there are some differences in the measured data of different bottled water due to different reasons such as purification equipment, formula and water quality.

Over the years, Shuibai has drunk 7 bottles of bottled water, and the purest one is it.
Measured data of bottled water of various brands

The first is pure water. It can be seen that although the TDS values of the three products are very low after testing, they almost reach the standard of pure water, but onlyThe Wahaha family achieved 0, which is relatively the purest of the three bottles of pure water.Yes.

Next, let’s look at mineral water. I don’t know if it’s because we all buy mineral water under Coca-Cola (the same formula as the company? ), you can seeThe TDS and mineral content of the two products are similar..

Finally, natural water and natural mineral water, although the water source and processing methods are different, but from the perspective of minerals and TDS values,There is not much difference between the two data..

However, the artificially added mineral water, which is safer than everyone is worried about, is rich in dissolved solids even more than natural water according to the measured TDS data.

Therefore, it can basically be judged that the actual mineral raw materials added in each bottle of water are very small, so it is very safe.

Over the years, Shuibai has drunk 7 bottles of bottled water, and the purest one is it.
Test results of PH value of different bottled water

First of all, I will give you a little knowledge. Don’t be too superstitious about drinking weak acid or weak alkali water. It is scientifically certified that as long as the water that meets the national standards is a good water source, weak acid and weak alkali will not have a positive or negative impact on the human body, and there is no therapeutic effect.

In addition, in the national standard GB5749-2006, the PH value should be between 6.5 and 8.5 in cities and towns and between 6.5 and 9.5 in rural areas, which is a conventional limit indicator. From the test results of 7 bottles of bottled water, the difference of pH is also different.

Comment: Which bottle of water should I drink?

First of all, you should make it clear that the main purpose of bottled water is to quench your thirst, so no matter whether you drink pure water or mineral water, most normal users are also trying to quench their thirst, so there is no difference between good and bad in theory.

Some people may say that mineral water and natural mineral water contain minerals, which can supplement trace elements, but in fact, the content is really very small, which is basically not very helpful to the human body.

Including some high-end bottled water imported from abroad, in fact, there is little difference between ordinary water and human health, mainly depending on personal habits and consumption power.

Over the years, Shuibai has drunk 7 bottles of bottled water, and the purest one is it.

Many places contain illegal business loans to shock real estate speculation.

  In view of the phenomenon that business loans and consumer loans illegally flow into the property market, the supervision is continuing to increase management.

  A few days ago, the Shanghai headquarters of the central bank issued the "Guidelines for Shanghai Credit Policy in 2021" (hereinafter referred to as the "Guidelines"), requiring financial institutions to reasonably control the growth rate and proportion of real estate loans, and effectively prevent consumer loans and operating loans from illegally flowing into the real estate market.

  The reporter learned that at present, the banking industry in Shanghai has conducted a comprehensive self-examination of consumer loans and operating loans, and some banks have taken back illegal loans in advance; At the same time, the bank has reported the relevant situation of self-examination and rectification to the regulatory authorities, and the regulatory authorities are doing a summary.

  In addition to going overseas, CBN learned that the Shenzhen regulatory authorities recently convened a meeting of Shenzhen’s major commercial banks to investigate the inflow of business loans and consumer loans into the real estate market, and a special investigation was also started before the Spring Festival in Beijing.

  Industry insiders interviewed by CBN said that the illegal inflow of business loans and consumer loans into the property market not only affected the order of the real estate market, but also was not conducive to solving the problem of financing difficulties and expensive financing for small and medium-sized enterprises, and even further led to the market funds being divorced from reality. Strict supervision will help business loans return to the essence and promote the healthy development of the property market to some extent.

  Comprehensive self-examination of Shanghai banking industry

  For the Shanghai banking industry, it has become one of the key tasks this year to strictly control the illegal inflow of operating loans and consumer loans into the real estate market. The above Guidelines emphasize that in 2021, financial institutions should strengthen the management of personal housing loans, strictly examine the authenticity of personal information of lenders, and effectively prevent consumer loans and business loans from illegally flowing into the real estate market.

  As a matter of fact, before this regulation was re-voiced, the Shanghai Banking Insurance Regulatory Bureau issued the Notice of the Shanghai Banking Insurance Regulatory Bureau on Further Strengthening the Management of Personal Housing Credit in January, which put forward requirements for the commercial banks within its jurisdiction on the implementation of differentiated housing credit policies and housing credit management.

  Among them, banks within their jurisdiction are required to conduct a comprehensive self-examination of consumer loans, business loans and personal housing loans issued since June last year; At the same time, the interception mechanism is put forward, which requires improving the monitoring and interception mechanism of credit funds, expanding the monitoring scope of the model and improving the monitoring effect. Substantive control measures should be taken in a timely manner for violations of confirmed uses.

  CBN understands that all major banks in Shanghai are checking the flow of consumer loans and business loans. A related person from the risk management department of a state-owned bank told reporters that similar inspections will actually occur in previous years. It is a routine operation for banks to monitor the flow of post-loan funds. Banks generally search the keywords of the recipients, and then check the clues that hit the keywords twice. "It’s just that this year is stricter."

  As for the specific self-examination of banks, an assistant to the president of a city commercial bank branch told reporters that it mainly depends on the borrower and the flow of funds. For example, in the aspect of checking operating loans, first judge whether the borrower is a newly registered shell company, whether there is a normal business settlement transaction flow, and whether it is consistent with the characteristics of the main business.

  Then look at the flow of funds, including whether the payment counterparty is a normal business partner, whether it meets the business characteristics, and whether the payment amount meets the consistent settlement scale; At the same time, we should also pay attention to the capital inflow of actual controllers and affiliated enterprises, mainly to prevent the actual capital from returning after formal payment and then entering the property market.

  After the bank’s self-inspection, the regulatory authorities will also check and punish the violations accordingly. It is reported that banks in Shanghai are required to submit self-inspection and rectification reports to the Shanghai Banking Insurance Regulatory Bureau before February 28. The reporter learned that at present, banks have reported relevant information, and the Shanghai Banking Insurance Regulatory Bureau is sorting it out.

  In addition to strictly controlling the illegal inflow of credit funds into the property market, the Guidelines also stated that financial institutions should reasonably control the growth rate and proportion of real estate loans, strictly implement differentiated housing credit policies, and give priority to supporting the first set of demand for home ownership. This means that under the multi-party control, the bank’s housing-related funds will be restricted.

  In this context, many insiders believe that this year’s bank credit will face structural adjustment, that is, banks will reduce the proportion of housing mortgage loans and real estate development loans, and increase other retail and corporate loans. For example, explore other areas of high-quality credit supply and appropriately adjust the proportion of public and retail businesses. "Our bank will pay attention to small and micro industries, green and low-carbon industries, science and technology industries, pharmaceutical industries and so on." The above-mentioned city commercial bank branches help to call.

  Many places have also started investigations.

  In addition to the Shanghai area, CBN learned that the Shenzhen regulatory authorities recently convened a meeting of Shenzhen’s major commercial banks, demanding that business loans and consumer loans flow into the real estate market for investigation. A person from a joint-stock bank said that he had received relevant notice.

  A person from Shenzhen Branch of a large state-owned bank previously told CBN that in recent two years, the supervision and inspection of operating loans and consumer loans has not been relaxed, which has become a routine action. Last year, the bank was punished by supervision because its customers used operating loans to illegally speculate in real estate, and another big bank was also punished earlier.

  The reporter learned that this is a special inspection, which is different from the previous routine spot checks. The president of Shenzhen Sub-branch of a stock bank said that the main contents of the inspection are whether the mortgage property has been transferred for 8 months when applying for a loan, whether the loan has been issued for 6 months, and whether the lender and spouse have a record of buying a house in the last 3 months.

  This is also the second time since April 2020 that Shenzhen has investigated real estate speculation by operating loans. On April 20th last year, Shenzhen Banking Insurance Regulatory Bureau and Shenzhen Central Sub-branch of the People’s Bank of China jointly held a forum, requiring commercial banks to conduct a comprehensive investigation on whether credit funds flowed into real estate in violation of regulations. In principle, it is required that when applying for business loans from banks, borrowers should hold the real estate used as collateral for no less than six months.

  Bankers in Shenzhen said that the real estate speculation of business loans and consumer loans found in routine inspections was generally due to lax examination of bank loans, or the time between misappropriation and obtaining loans was too short, and the actual capital flow was not hidden when using loans. In order to avoid revealing the actual use, many lenders use multi-account transfer to hide the actual flow of loans.

  Beijing, Guangdong and other places have also begun to investigate the illegal flow of business loans into the property market. On February 1st, Beijing Banking Insurance Regulatory Bureau issued an announcement to carry out big data screening in view of some property buyers misappropriating consumer loans and operating loan funds as the purchase price, and to investigate the transaction cases in hot areas since January 25th.

  The above actions mainly verify the behavior of the purchaser and immediate family members who recently applied for the use of business loans in the full purchase of houses. In response to the previous "hype" in the housing market in Beijing school district, relevant departments also focused on the verification of housing transactions in hot school districts such as Financial Street, Dewai, Haidian Wanliu and Zhongguancun in Xicheng District.

  Take the case that was investigated as an example. Someone newly registered a small and micro enterprise last year. Within a few days after registering the enterprise, he signed a second-hand house in the key school district of Xicheng District. In the following months, he applied for several million yuan of operating loans from two banks.

  With the cooperation of banks, inspectors will investigate where the business loan was used after it was issued, and whether it flowed into the accounts of other shell companies through false business contracts. Due to the illegal entry of business loan funds into the property market, it is often necessary to "pour out" after multiple payments, and inspectors will check the final flow of each fund.

  According to media reports, on March 11th, various banking institutions in Guangdong comprehensively investigated the special risks of illegal inflow of credit funds into the property market, and strengthened the audit of operating loans and consumer loans under the guidance of financial supervision departments.

  In the eyes of the industry, it is necessary to crack down on illegal business loans. According to this year’s government work report, large commercial banks’ loans to small and micro enterprises will increase by more than 30%, and if the loopholes of illegal business loans entering the property market cannot be blocked, more funds will enter the property market in the guise of entity financing, which will boost the property market speculation.

  The wind of speculation in the property market may be suppressed.

  If the investigation and rectification of operating loans are carried out in many places, it will help to curb the speculation in the property market. Pan Hao, a senior analyst in RealData, believes that cities, especially big cities, which are expected to see their house prices rise too fast will strengthen the supervision of "illegal funds" flowing into the property market, and the measure of "recovering loans in advance" will have a deterrent effect on real estate speculators.

  "If there is a violation of regulations, it will have a great impact on the property market in hot cities, especially for first-tier cities such as Beijing, Guangzhou and Shenzhen." Li Yujia, chief researcher of Guangdong Housing Policy Research Center, told CBN.

  "Operating loans are all leveraged to buy houses, and some of them are replaced by operating loans under the encouragement of financial intermediaries. This is also illegal. If you really check it out, every pen can’t escape. " Li Yujia said that the final result is that many people will sell their houses.

  Lu Wenxi, chief analyst of Shanghai Zhongyuan Real Estate, told reporters that from the perspective of real estate types, strict investigation of real estate speculation by operating loans will have an impact on high-end projects, especially luxury residential projects. "Generally, people who buy luxury products are business owners. They often set out the money for business loans through various channels. After this method is strictly investigated, the moisture of luxury projects may be squeezed out."

  Guo Yi, chief analyst of Heshuo Agency, told the reporter that the speculative demand will indeed cool down because of this round of strict investigation for the people who are more popular in real estate speculation and use more business loans. However, in those cities with relatively stable markets, similar phenomena are less, for example, most cities in the north will be less affected.

  Li Yujia also said that all parties involved in illegal business loans, including commercial banks, will be severely punished. Recently, local banking regulatory bureaus have announced a number of cases of illegal business loans, and the penalties for banks are relatively strong.

  Zhang Dawei, chief analyst of Zhongyuan Real Estate, said that the core reason for operating loans flowing into the property market is the spread of mortgage loans, and it is also related to banks being both athletes and referees in the process of lending. He believes that from the bank’s point of view, the risk of operating loans is relatively higher than that of mortgage loans, but the interest rate of operating loans is lower than that of mortgage loans under the policy requirements, so banks are out of shape at the implementation level.

  "The recent crackdown on some behaviors of using new premises and new enterprises to register for business loans in the short term is very powerful. The strength of this policy will definitely curb the overheating of the market, let the operating loan return to its essence, help the business operation, and restrain the irrational and unhealthy development of the entire property market to a certain extent. " Zhang Dawei said.