BEIJING, July 5 (Xinhua)-Confrontation and dialogue, conflict and compromise have always been two opposing and interdependent aspects in the international political arena. In the past six months in 2013, the global situation has been fluctuating, and there are many tense confrontations and dialogues that attract worldwide attention, from which we can find some threads of the development of the international situation.

　　The first US dollar dialogue: "No tie" lights up Sino-US diplomacy.

　　There is no 21-gun salute, no honor guard and welcoming ceremony, and there is no need to sit at the negotiating table … At the beginning of June this year, the meeting between the heads of state of China and the United States, unlike the previous "no tie", attracted the attention of Chinese people and the whole world.

　　On June 7-8, the Supreme Leader of president, China and US President Barack Obama met in California. This is the first face-to-face contact between the Chinese and American heads of state after the change of government.

　　The dialogue between the heads of state of China and the United States is very special. The meeting place was not the White House, but the picturesque California manor. The leaders of the two sides opened their shirts and collars without ties, saving all red tape. The "no tie" dialogue enabled the two heads of state to have heart-to-heart and in-depth exchanges on major issues in a relaxed and private environment.

　　In the two days, the time spent by the heads of state of China and the United States together exceeded eight hours. Diaoyu Island issue, South China Sea issue, cyber security, North Korean nuclear issue, economic cooperation … At this "no tie meeting", the two heads of state openly and frankly communicated and discussed many issues. The two sides not only talk about cooperation, but also avoid differences. The time, quality, depth and breadth of interaction are unprecedented.

　　As a result of the talks, the two heads of state agreed to work together to build a new type of relationship between China and the United States, promote the construction of a new type of military relationship between China and the United States, and respect each other and win-win cooperation. The handshake between China, the world’s largest developing country, and the leader of the world’s largest developed country, the Supreme Leader, and Obama at California Manor opened a new chapter in Sino-US "trans-Pacific cooperation".

　　Dialogue between the Korean and Korean authorities: it seems like a bright future, but the mountains are heavy.

　　In the first half of this year, the situation on the Korean Peninsula seemed to be on a "roller coaster", which rose and fell in just a few months, but suddenly turned around at the critical moment. However, even if you are willing to "talk", it is still full of twists and turns.

　　In the past few months, the situation on the peninsula has really made people sweat: North Korea conducted a nuclear test, South Korea-US military exercises, the hotline between South Korea and North Korea was cut off, North Korea restarted its nuclear reactor, and the Kaesong Industrial Park completely stopped running … All kinds of signs once made the outside world think that the Korean peninsula had reached a state of "war is imminent".

　　However, since May, North Korea has clearly expressed its willingness to talk to the international community by receiving the Japanese Prime Minister’s adviser and sending a special envoy to visit China. At the beginning of June, North Korea even abandoned its previous tough attitude and made a rare proposal for intergovernmental dialogue to South Korea.

　　The South Korean government quickly seized the opportunity of North Korea’s "goodwill". Just a few days later, the director-level working talks between the ROK and the DPRK were held in Panmunjom, paving the way for the next ministerial talks.

　　然而，就在外界看好局势发展的当口，情况却发生转折性变化。朝鲜以韩方会谈团长“级别过低”为由，单方面宣布取消原定于12日举行的当局会谈。

　　韩朝6月初的政府间对话就这样几乎在最后一刻中断，但7月4日，新的消息传来：韩朝一致同意于6日在板门店举行工作会谈。此外，朝鲜还表示愿意重返六方会谈。韩朝间看似“柳暗花明”、实则“山重水复”的沟通能否顺利继续，值得关注。

　　美国、阿富汗、塔利班：陷入“三角债”困局的谈判

　　12年前，美军进入阿富汗与塔利班武装人员作战，打响“9?11”袭击后的反恐战争“第一战”，就在历经12年战争、死伤数千人之后，阿富汗局势似乎初露和谈曙光，但却因美国、阿富汗政府、塔利班之间的“三角”纠葛搁浅。

　　6月18日，阿富汗塔利班宣布在多哈开设和谈办公室，随后有美国官员确认美方将与塔利班进行直接谈判。此举引起阿政府不满，阿总统卡尔扎伊19日宣布中止阿美《双边安全协议》协商进程，同时取消阿高级和平委员会赴多哈和谈安排。由于遭到阿政府强烈抗议，原定于20日举行的美国和塔利班首次会面被取消。

　　When the news of the talks was released, international public opinion was cautiously optimistic about it. Some analysts believe that the deep-seated reason for the delay in the negotiations is that the three parties have their own "wishful thinking", and the negotiations will be a dilemma with no end in sight.

　　Through negotiations, the United States wants the Taliban to publicly renounce its relations with Al Qaeda, end its violence in Afghanistan and recognize the Afghan Constitution. The United States should avoid giving people the impression of walking away and seek a dignified withdrawal from Afghanistan; The purpose of the Afghan government is to "woo" the Taliban, persuade them to lay down their arms, join the government-led reconciliation process, and maintain and consolidate the government’s orthodoxy and legal status; The Taliban, from the position of strength, tried to share power with the government through negotiations, so as to gain time, gradually expand and restore the Taliban regime.

　　The analysis believes that after more than 10 years of war, the balance of power among the three parties has undergone a fundamental change. Although the three parties came to the negotiating table under the banner of reconciliation process, they all wanted to get something that could not be achieved on the battlefield at the negotiating table, which doomed the negotiations to be difficult to make substantive progress.

　　Just when the negotiations ran aground, the violence cast a heavier shadow on them. On June 25, the presidential palace in Afghanistan was attacked by Taliban militants, and four armed men died in an exchange of fire with the police. This is an attack launched by the Taliban against the highest-level targets in Afghanistan since its offensive in April this year.

　　Although after the violence, US President Barack Obama and Afghan President Hamid Karzai reiterated their support for negotiations with the Afghan Taliban. However, it is still difficult to predict when the peace talks facing many variables will start. The peace process in Afghanistan remains worrying.

　　Difficult situation in Syria: domestic dialogue is hopeless and international conference is difficult to produce.

　　In the middle of 2013, the Syrian crisis, which lasted for more than two years, is still far from being resolved. Bashar al-Assad, who "sticks to" the presidency, has very different political views from the Syrian opposition. The two sides are still mired in the deadlock of confrontation and confrontation, and the road to dialogue and reconciliation is still long.

　　In January this year, Assad put forward a new peace initiative and transition plan, calling for national dialogue to end internal conflicts. However, Assad’s peace initiative did not bring dawn to the chaotic situation in Syria. The Syrian opposition said that unless Assad stepped down or did not have any preconditions, there would be no dialogue.

　　For more than half a year, the Syrian government forces and the opposition have continued to wage a tug-of-war in Syria’s major towns. The two sides have blamed each other on whether to use chemical weapons and whether to kill civilians indiscriminately. The extent to which the domestic security situation in Syria has deteriorated is not difficult to see from the latest data released by the United Nations-it is conservatively estimated that at least 93,000 people have died in the Syrian crisis.

　　In addition, the Geneva International Conference on Syria, which was expected to find a political solution to the Syrian crisis, was also delayed. Since the beginning of June, the United Nations, the United States, Russia, Syria and other parties have held many consultations, but still failed to reach an agreement on key issues such as the convening time and participants. On June 25th, the United Nations-Arab League Joint Special Representative for Syria Brahimi said that the meeting scheduled for July could not be held as scheduled because the Syrian opposition was still not ready.

　　At the same time, at the beginning of June, when the war situation began to develop in favor of the Syrian government forces, more than a dozen countries, including the United States, decided to provide emergency military assistance to the opposition in Syria in order to "balance the domestic forces in Syria."

　　But there is no doubt that such a "balance" will only aggravate the antagonistic situation in Syria and make the political solution to the crisis farther away from Syria. When the two sides in Syria can start a dialogue and when the Syrian people can regain peace will remain a long-term problem.

　　Conclusion:

　　Take stock of the conversations worth reviewing in the first half of this year, including successes, failures and unresolved issues. No matter how fierce the confrontation is, "dialogue" is still a good way to solve problems and bridge the differences between the opposing sides. In the future, confrontation and conflict will inevitably continue in the international political arena, but people still hope that there will be more and more dialogues and communication in the international community in the future, injecting more "catalysts" for achieving peace and reconciliation.

-Speech at the 11th Five-Year Scientific Research Work Conference of the State Language Commission.

　　Vice Minister of Education and Director of the State Language Committee　　 Zhao qinping

　　(28 November 2006)

Dear experts and comrades,

　　The 11th Five-Year Scientific Research Conference of the State Language Commission was held here today to summarize the scientific research work of the State Language Commission and local language commissions during the 10th Five-Year Plan, discuss the 11th Five-Year Scientific Research Plan for the application of spoken and written languages, and study and deploy the scientific research work of the language commission system. At the same time, the 43rd national Putonghua proficiency tester qualification examination training course started here today. Putonghua training test is one of the three basic measures to promote Putonghua, which has made remarkable achievements in the past ten years. I would also like to take this opportunity to express my gratitude to the vast number of testers, experts and scholars who participated in testing research and comrades in various regions and industries who care about and support this cause!

　　Below I will talk about three aspects of the scientific research work on the application of language and characters in the Eleventh Five-Year Plan.

　　Building a harmonious language life is the goal of language work.

　　On October 11th, 2006, the Sixth Plenary Session of the 16th Central Committee of the Communist Party of China (CPC) adopted the Decision of the Central Committee of the Communist Party of China on Several Major Issues in Building a Harmonious Socialist Society. The "Decision" holds that: "Social harmony is the essential attribute of Socialism with Chinese characteristics and an important guarantee for the country’s prosperity, national rejuvenation and people’s happiness." "Social harmony is the unremitting goal of our party."

　　Language is the most important symbol system for human communication and thinking, an important part of culture and the most important cultural carrier. The attribute of language determines that language life is an important part of social life, and the harmony of language life is an important manifestation of social harmony and an important factor to promote social harmony. To build a harmonious society, language and writing workers have an important historical mission.

　　At present, China’s language life is harmonious on the whole, but there are also many problems that need to be treated scientifically and properly. For example:

　　1. The relationship between Mandarin and dialects;

　　2. The relationship between the languages of all ethnic groups in China;

　　3. The relationship between mother tongue education and foreign language learning;

　　4. Protection of endangered languages;

　　5. The relationship between the international spread of Chinese and the domestic language and writing work;

　　6. The communication of language life between the two sides of the Taiwan Strait;

　　7. Language communication among Chinese communities in the world;

　　8. Language and writing problems in virtual space in China.

　　To treat the problems in current language life scientifically and properly, we must understand the national conditions of the language. It is necessary to monitor and study the situation of language life, especially the hot issues of language life, and make a scientific analysis by setting up a national language resource monitoring and research center. It is necessary to advocate a pragmatic style of study, support the field investigation of local languages, and support the investigation and study of language life in all fields of society. We should pay attention to summing up the historical achievements of language and writing work in China, draw lessons from foreign experience reasonably, and be good at summing up the laws from today’s work practice. It is necessary to strengthen the publicity of the national language policy and language standards, attach importance to the popularization of linguistic scientific achievements, actively provide high-quality language services to the society, help all sectors of society and the general public solve the language problems they encounter, and guide the language life to develop in a harmonious direction.　

　　Second, language science is the basis for doing a good job in language and writing.

　　The development of language and writing is regular, and the work of language and writing must follow the development law of language and writing. Language life is constantly developing and changing, and language work must grasp the basic situation and development trend of language life.

　　Great achievements have been made in the language and writing work in New China for more than 50 years, which has made important contributions to China’s cultural construction, scientific and educational development and economic and social progress, and also provided a solid foundation for today’s national informatization process. At the end of March this year, the meeting held by the Ministry of Education and the State Language Committee to commemorate the 50th anniversary of the publication of the State Council’s Resolution on the Simplification of Chinese Characters and the Instruction on Promoting Putonghua, and the academic seminar on the standardization of language and characters jointly held by the Institute of Linguistics of the Chinese Academy of Social Sciences and the Institute of Language Application of the Ministry of Education have made a good summary. Of course, there have been some mistakes in the work of language and writing in history, leaving a profound lesson. Historical practice shows that the effectiveness of language work depends on the understanding of the law of language development and the understanding of language life and its development trend. Therefore, in order to do a good job in language and writing, we must strengthen the research of language science.

　　In language science, basic research is very important, and the application research of language and writing plays a more direct role in the work of national language and writing. The basic research needs to be strengthened, but the applied research of language and writing develops late, with less achievements, which needs to be strengthened more. We should strive to form a relatively complete discipline system and education system of applied linguistics within a few years, establish a number of dynamic scientific research bases and talent training bases of applied linguistics, and cultivate a large number of applied linguistics talents with modern academic vision, innovative consciousness and compound nature to meet the needs of the country for applied linguistics. The discipline construction of applied linguistics should be put on the agenda, and a seminar on the discipline construction of applied linguistics can be held when necessary. The discipline construction of applied linguistics is more extensive than the scientific research of applied linguistics, including the construction of bases, the determination of research directions, the construction of teaching staff and the setting of degrees. From the perspective of scientific research, discipline construction emphasizes the research direction; From the perspective of personnel training, it emphasizes knowledge structure and curriculum system.

　　The country pays more and more attention to the interdisciplinary research between natural science and humanities. Applied linguistics is an applied discipline, especially with information technology, and also involves psychology, law, education and so on. In the past, the key laboratories of the Ministry of Education paid little attention to interdisciplinary subjects, especially those lacking the intersection of natural science and social science. In recent years, the country has begun to promote interdisciplinary subjects, especially the combination of natural science and social science, such as new media and digital art. Applied linguistics, especially computational linguistics, is a typical combination of information technology and linguistics. We should establish some bases in these areas, and these bases can become key laboratories of the Ministry of Education to a certain extent. I hope to see such key laboratories during the Eleventh Five-Year Plan period. The knowledge structure of applied linguistics talents should have at least three aspects: linguistic knowledge, interdisciplinary knowledge (such as information technology) and related cultural qualities.

　　Informatization is a subject that all countries in the world are very concerned about. Standardization and informatization of language and characters are the basis of realizing social informatization. It is important to promote the standardization and informatization of language and writing as an important task of applied linguistics research and as an important task of national language and writing work. At the same time, we should also pay attention to the introduction of modern information technology achievements into language research, into the application of social language and writing, and into the work of language and writing, so as to realize the modernization of language research means and language and writing work means.

　　 It is necessary to strengthen the research on the evaluation system of language and characters. The Putonghua training test in China has been carried out for more than ten years and has made great achievements. The proficiency test of Chinese characters is about to begin, and I believe it will also play a good social role. The Chinese Proficiency Test (HSK) for Chinese as a second language and the Chinese Proficiency Test (MSK) for ethnic minorities have been implemented successively, which has achieved good social reputation. However, we still lack the language proficiency assessment system of Chinese as the mother tongue. On the one hand, it is necessary to gradually improve the current Putonghua proficiency test and writing application ability test, and gradually adopt modern means to improve the quality and efficiency of testing and management; At the same time, it is necessary to strengthen the research on the evaluation system of language application in some important countries in the world, and strive to complete the comprehensive evaluation system of Chinese native speakers’ language ability in recent years in order to meet the needs of mother tongue education in schools at all levels and meet the needs of social industry access system and on-the-job training. This evaluation system, in cooperation with HSK and MSK, can form a complete Chinese proficiency test system in China.

　　Promoting scientific research is an important task for language committees at all levels.

　　Language and writing work is social, contemporary and academic. Especially in the current society, language concepts are diversified and language life is complicated. Language and writing management is always facing new situations and solving new problems. Therefore, it is necessary to have a solid scientific research as the foundation and a large number of experts as the backing to do a good job and improve the quality and efficiency of the work. Promoting the study of language science is an important task of language committees at all levels.

　　There are many departments concerned about language science research, and there are also many foundations involved in language research. In close contact with these departments and foundations, the State Language Committee should also formulate its own scientific research plan, set up scientific research teams and guide and coordinate the scientific research work of local language committees according to the work functions entrusted by the state. Apply for projects through multiple channels and strive for project funds. Because applied linguistics is an interdisciplinary subject, evaluation system and software construction can all apply for project funds from the science and technology department.

　　Local language and writing institutions should scientifically plan their local scientific research work, have the initiative to coordinate the local language and writing research work, and play an important role in the local language and writing research work. Local language committees should put scientific research on the agenda, incorporate it into the relevant work evaluation index system, implement the responsibility of scientific research management to people, and gradually form an incentive mechanism for language research. It is necessary to formulate scientific research plans according to local conditions, scientifically solve problems in local language life through academic research, and make contributions to the national language and writing research work. We should pay attention to the role of local universities and academic groups and rely on experts and scholars closely. It is necessary to give full play to subjective initiative, raise funds for scientific research in various ways, and comprehensively use traditional means and modern information technology to do a good job in publicizing and popularizing language policies and language norms and standards. Scientific research should be regarded as a new bright spot in the work of the Language Committee in the new period, so that the quality and management level of language and writing work in various places can be effectively improved through scientific research.

　　Comrades, during the Tenth Five-Year Plan period, with the efforts of national language researchers and language committees at all levels, China’s language application research has achieved fruitful results, and remarkable progress has been made in the development of language standards, information-processing-oriented language application research, tracking and monitoring of social language life, and modernization of research methods and information service means. A new situation has emerged in the national and local language and writing work, and new achievements and measures have been made in the legal construction of language and writing work, the evaluation of urban language and writing, the promotion of Putonghua, and the construction of language and writing training and evaluation system. On this basis, China’s future language and writing work, China’s future language and writing scientific research work, will certainly achieve greater results.

　　We should strive to promote the harmony of language life and contribute to the sustainable development of the country, the construction of an innovative country and the construction of a harmonious society!

　　Thank you!　

?Editor’s　Note:

Novel coronavirus is spreading around the world at an alarming rate, but we should not be surprised. Globalization has brought systemic risks. As the links between trade, finance, tourism, internet and other fields become closer and larger, they also become more complex and unstable.

Edward Lorenz, the father of chaos theory, pointed out that a butterfly flapping its wings over Brazil may trigger a tornado in Texas, USA. The increasingly integrated and complicated global economy makes it more vulnerable to the consequences of "Butterfly Defect". For example, major airport hubs are powerful promoters of the positive effects of globalization, but they are also powerful communicators of the negative effects of globalization, and one of the "public hazards" they spread is epidemic diseases.

The PUP author from Oxford University, who is to be introduced to you today, warned governments in a book published six years ago that the systemic risks brought by globalization would threaten all of us, and the next global crisis would probably stem from the widespread epidemic of a disease.

The extensive connection of people leads to health risks

The density and intensity of contact between people and between people and animals are the decisive factors for the development and spread of epidemic diseases. In 1967, Stanley Milgram conducted an experiment to quantify global connectivity. He found that people can meet any stranger through at most six people.

In 2011, Facebook analyzed its 721 million users worldwide, trying to find out how many steps it takes to establish contact between any two people. It turns out that even though users are separated by thousands of miles, any two users only need 4.7 "friends" on average to be connected.

Population growth and the expansion of travel scope, coupled with the intentional or unintentional transshipment of animals (mice on board or mosquitoes on the plane), have rapidly increased the risk of epidemic spread. As we saw in the SARS epidemic in 2003, a toxic pathogen usually only needs short contact to infect someone and spread it. This makes airplanes and international travel become vectors of disease transmission.

High concentration of people raises health risks.

In 2025, the proportion of urban population in the world is expected to rise to 70%. The population density in Tokyo is as high as 5,847 people per square kilometer, and one in every 25 people lives in a mega-city, so it is necessary to "monitor, prepare and respond to infectious diseases". This practice is very important everywhere, especially in places with high population density and poor sanitary conditions, places where people are in close contact with animals, and places where water sources are easily polluted.

The risk of agglomeration will also amplify the connectivity risk within urban agglomerations and around the world, especially because major airport hubs are often located next to these cities. If an infectious disease originated in a metropolis, it is almost impossible to stop it from spreading around the world. Large cities are also usually inhabited by floating population and businessmen connected with other continents.

Gossip and Panic —— Information Management in Epidemic Prevention and Control

Now, all kinds of information and rumors can spread almost instantaneously through the Internet and social media. With this ability, the risk of panic related to infectious diseases has also increased dramatically, which has doubled the complexity of epidemic management.

Information management is essential, because panic may systematically aggravate the danger of the epidemic: during the epidemic prevention and control period, the government needs to control the flow of people and drugs, and if people frantically buy and hoard drugs, masks and other materials out of panic at this time, many important services will be greatly affected by people’s reaction.

When trying to prevent large-scale panic, governments may also choose to suppress some important information. In the social network of the financial world, there is evidence that "individual decision makers usually pay attention to the behaviors, decisions and even beliefs of others who have social contact with them (such as the perception of risks)." It is in this sense that innovation and technology also increase the risk of infectious diseases; In addition to tangible channels of transmission, we also need to be aware of the existence of risks related to "social" infection.

Another challenge comes from the management of the dissemination of sensitive research information. For example, the debate revolves around the US government’s decision to ask the major scientific journals Nature and Science to suspend publishing research on the evolution of H5N1 influenza virus. According to Medical News Today, although these studies were finally published, they were "shelved because the international community was worried that making these data public would make it easier for terrorists to make chemical and biological weapons".

PUP content express:

The Butterfly Defect:　

How Globalization Creates Systemic Risks, and What to Do about It

　

Author: Ian Goldin and Mike Mariathasan

Publication date: October 20, 2015 (paperback edition)

ISBN:　9780691168425

Highlights of the book

The Butterfly Defect emphasizes the widening gap between the new systemic risks arising from globalization and its effective management. This book shows that the turbocharged globalization power has the potential and power to undermine the stability of our society. Ian Goldin and Mike Mariathasan borrowed the latest insights from various disciplines and provided practical guidance for governments, enterprises and individuals on how to better cope with globalization and its risks.

Goldin and Mariathasan proved that systemic risk problems are now ubiquitous in supply chain, epidemic, infrastructure, ecology and climate change, economy and politics. Unless we solve these problems, they will lead to greater protectionism, xenophobia, nationalism, and inevitable de-globalization, increased inequality, conflicts and slower development.

The Butterfly Defect shows that in an interconnected world, reducing uncertainty and risk is an important task for our future development.

About the author:

Ian Goldin & Mike Mariathasan

　

Ian Goldin

Dean of Martin College, Oxford University, UK, Professor of Globalization and International Development Department, Oxford University.

Mike Mariathasan

Assistant Professor, Department of Finance, University of Leuven, Belgium

An in-depth survey of science and technology finance every day

Walking into the story behind business

Source: Blizzard China official Weibo

Over 500,000 players call overnight.

Writing/Meng Huiyuan

Editor/Li Jinlin

Typesetting/Annalee

In recent days, the game circle’s "Xi Fei returned to the palace" drama began.

On April 10th, Blizzard officially announced that it had reached an agreement with Netease to return to the China market, and vividly interpreted what it meant to be "divorced for nearly a year and a half, and it was better to return home".

At the beginning, when "wrangling" happened, Blizzard and Netease blamed each other, and the scene was once very ugly. Now, with Hershey, Blizzard and Netease can sit together again and discuss the compensation benefits for players. Of course, judging from various signs, the combination of game manufacturers is not only the need of their own development, but also the entanglement of interest exchange.

But no matter what kind of consideration, the behavior of the game company, only the players are finally injured.

Abandoned veteran player: I can’t stop cursing and can’t let go.

After Blizzard officially announced that its games will begin to return to the domestic market in the summer of 2024, netizens were excited for a while, and the excitement was comparable to that of the New Year.

Some people recall the past and want to relive the beauty of the game time: "I miss the vegetable garden on my mid-mountain, I miss whether my sunflower has eaten well, whether the song can be sung, and whether it will only be sung to me. I miss my hearthstone Tianma, which is healthy and unhealthy, and I will ride it to soar in the sky and travel all over Azeroth."

Some people care about the gains and losses, urging the players to pay compensation during the suspension period: "It is a good thing to return, but there are also some concerns to be raised here. For example, during the suspension of service, the store tokens and the monthly and annual rewards of the store; Rewards, prestige, illusion, etc. that are often missing in various activities (holiday activities) and weeks during the period of stopping taking medicine; The pvp season rewards that were missing during the suspension period, etc. The catch-up mechanism after the new service. If the above content is not handled well, the reopening of the national service is also the carnival of the studio. "

Others scolded from the beginning to the end, claiming that the most innocent players were gamers: "At that time, one person acted as if he didn’t need China players at all, and the other person said that the other party wanted our information to touch the bottom line. What does it mean to make up now? What is not the bottom line is not as important as money. "

Game players are all in phase.

Qin Zhen, a veteran Warcraft player, thinks that all the seemingly opposing voices on the Internet are understandable. "For example, the game World of Warcraft is basically a lot of youthful memories of the post-80s and post-90s. For this typical emotional game, the more people scold it, the more they love it. Moreover, scolding it is also afraid that it will abandon domestic players again. It’s a fatal blow that memories of youth, who has spent so many years, said no, no, no,no. "

"Imagine that one day Jay Chou collapsed and all the songs could not be heard. Can you accept it as an iron powder?" Qin Zhen told Zinc Scale that one of the most popular sayings among players now is: "Don’t forget that players are just victims of Microsoft and mobile violence". The point that makes everyone unhappy is that "the game company acts to let the players pay the bill. But the problem is that the player is innocent! " .

Obviously, at the beginning, Blizzard and Netease suddenly got divorced, which caught the players off guard. However, it seems sincere to see all kinds of promises and actions made by Blizzard officials after their return.

The discovery of zinc scale has been clearly mentioned in "Try to heal, then recover excessively-a letter to the national service Blizzard gamers", "When the server is turned on, we will ensure that your account data is completely preserved", directly feeding the players who are willing to return. A reassurance.

In addition, when Netease is recruiting for Blizzard Games, the released job requirements can also be seen as additional requirements such as "arranging sincere compensation content when the server restarts" and "fully understanding the game content during the suspension period, and arranging appropriate operational content to help players regain the opportunity to obtain these contents as much as possible".

These actions have made many Blizzard players who are "outspoken" consciously wait for the specific opening time. By the time the zinc scale was published, 525,000 people had reserved World of Warcraft. "Anyway, I have already made an appointment. The new’ cake’ drawn by the game company is delicious. Wait until I taste it first." Qin Zhen said so.

Looking at the market, Blizzard can’t let go of millions of players.

From November 2022, Blizzard announced that it would break up with Netease, and on April 10, 2024, Blizzard officially announced that it would return to cooperate with Netease again. Blizzard, which had made a high-profile announcement to withdraw from the China market, also chose a high-profile return after nearly a year and a half of absence (Blizzard’s Battle.net server in China was officially closed on January 24, 2023).

In fact, looking back, the reason why Blizzard and Netease "divorced" has been inconclusive.

At that time, it was rumored that the cooperation conditions proposed by Blizzard were harsh, requiring Netease to develop other IP mobile games for global distribution, but Netease was not allowed to share the proceeds except China, and Netease was required to provide a deposit and two-year advance payment. In addition, Blizzard also wants to control all intellectual property rights and data control for China players.

The statement issued by Blizzard said, "Because Netease has not reached a renewal agreement that conforms to Blizzard’s operating principles and promises to players and employees". In this regard, Netease said, "The conditions put forward by Blizzard are harsh, and it is impossible to reach an agreement on some key terms involving sustainable operation and the core interests of China players."

In other words, the core interests of the two companies are inconsistent, and cooperation will naturally not continue.

Although we can’t cooperate for the time being, the China market really smells good. After all, Activision Blizzard mentioned in the financial report of the third quarter of 2022 that the blizzard works jointly launched with Netease in Chinese mainland contributed about 3% of Activision Blizzard’s total revenue. According to the report of the new knowledge of the game, if the blizzard part is taken out independently, the "3%" here is equivalent to 13.5% of the revenue in 2022, equivalent to about 1.603 billion yuan.

Mike Ybarra, president of Blizzard, also said in an interview with the media: "There are millions of players in Chinese mainland who love Blizzard games, and everyone in Blizzard wants to make sure that they can play our games. We are a global company, and I hope Blizzard games will spread all over the world, including Chinese mainland. Therefore, when we make progress, we will evaluate this and see what will happen. "

The opportunity of "remarriage" appeared in October 2023, but this time the main body of cooperation with Netease changed from Blizzard to Microsoft.

According to a number of media reports, shortly after Microsoft officially acquired Activision Blizzard, the parent company of Blizzard Entertainment, for about 68.7 billion US dollars, it began to renegotiate the return of Blizzard’s national service with Netease, and it was basically finalized in December last year that it would re-cooperate. One of the clear clues is that on December 20, 2023, Netease Great God platform re-launched the World of Warcraft community.

Blizzard officially announces return

Anyway, now the boots have finally landed successfully. Even though we broke up with Netease, on the basis of cooperation for more than fifteen years in the past, this wonderful drama of reconciliation after breaking up always gives people an unexpected but reasonable feeling.

On the one hand, it is the version number problem. Blizzard’s whole family has a total of 12 version numbers registered under Netease’s name. If Blizzard changes its agent, it is necessary to reapply for the version number after the game stops serving, and the number of imported version numbers is more scarce than that of domestic games. On the other hand, it is a physical server. Even if the agent is changed, Blizzard has to get back the historical user data, which is now in Netease’s hands.

Therefore, in the eyes of many people in the industry, Netease has almost become a necessary option for Blizzard’s return, and the release of cooperation news only confirms their judgment.

Netease, the "pick-up man", laughed?

From Netease’s perspective, it was very ugly when we broke up with Blizzard.

Netease once fiercely countered in an official statement, "Blizzard’s proposal is outrageous, inappropriate and not in line with business logic", calling it "overconfident" and "take whatever you want, ride a donkey to find a horse, and get divorced". Netease canteen has also launched new dishes "Blizzard Green Tea Rape" and "Blizzard Green Tea Small Pacai", directly playing with stalks to insinuate Blizzard.

But once again, Netease is willing to actively strive for it.

Thanks to the help of mobile games such as Egg Party and Going Against the Water, and the stable performance of Fantasy Westward Journey, Netease’s game business revenue reached 81.6 billion yuan in 2023, up 9.4% year-on-year, accounting for 78.8% of the total revenue. This achievement made Netease offset the impact of its breakup with Blizzard in early 2023, and also drove the annual revenue to pass the 100 billion mark in one fell swoop.

However, the competition in the game industry in the domestic market is fierce. Take the Egg Party, which Netease values most, as an example. Although it has brought it a lot of revenue, the Egg Party is often caught in the whirlpool of negative public opinion of "inducing recharge" and "minors paying a large amount". At the same time, the same type of game "Yuan Meng Xing" created by Tencent’s late arrival has performed well, which has also brought a lot of pressure on the business performance of "Egg Party".

However, with the World of Warcraft, Hearthstone, Warcraft, Watching Pioneer, Diablo and StarCraft, and other games under Blizzard, they began to return to the Chinese mainland market one after another this summer. Netease can not only gather the hearts of a wave of old players, but also continue to rely on these classic games to increase their profitability, and can look forward to transforming these online games IP into mobile games IP later (Netease and Blizzard jointly produced the mobile game Diablo: Immortality before the "breakup", and the game performed well).

Blizzard game family barrels will return one after another.

In this way, after the second cooperation, Blizzard may make a small profit, but Netease will definitely not lose money. According to the latest report released by JPMorgan Chase, the re-cooperation between Netease and Blizzard is expected to bring 3% to 4% of the online game revenue of Netease.

What’s more, Microsoft also reached an agreement with Netease to try to bring new Netease games to Xbox and other platforms.

In this regard, Zhang Yi, CEO and chief analyst of Ai Media Consulting, said in an interview with Securities Daily that Netease also needs to increase its overseas revenue share. Microsoft promotes Netease games to log on to Xbox, which can give overseas players more opportunities to understand Netease’s game products. It is very important to enhance Netease’s brand influence and market share in overseas markets, and it is also an easy shortcut for Netease.

Generally speaking, the re-cooperation between Netease and Blizzard is not only the best choice made by them from their own personal perspectives, but also a win-win "commercial marriage".

END

Menghuiyuan

Email: coopert@163.com.

Introduction: You can talk about poetry and distance, and you can also talk about tea and streamer.

Focus areas: streaming media, Internet medical care.

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　　BEIJING, Beijing, September 14 (Reporter Zhang Ni) In recent years, with the promotion of burden reduction in primary and secondary schools, the school hours of primary schools in many areas have advanced to around 3: 30. However, children leave school early and parents leave work late, which makes many parents feel embarrassed — — It is unrealistic to ask for leave, and there are many concerns about the custodian. How should we solve the "3: 30 problem"?

　　Parents are worried about picking up their baby after school at 3: 30.

　　"When I get to school, I have a headache. My wife and I both go to work. The off-duty time is five or six o’clock, but children usually leave school at three or four o’clock, and picking up children has become a problem." Mr. Wang, a citizen who lives in Haidian District, Beijing, said that every time he started school, he began to worry about picking up the baby.

　　Mr. Wang’s son is in the fourth grade. Before that, Mr. Wang’s mother helped to pick him up, but in the past two years, because his mother was in poor health, he had to pick him up with his wife.

　　"Now the school has after-school activities three days a week, and the school time is relatively late. I will rotate with my wife for the remaining two days. Whoever is not busy will pick up the children in advance." Mr. Wang said that because the school is close to home, he and his wife planned to let the children go to school by themselves after they entered the fifth and sixth grades, but he was still a little worried.

　　Mr. Wang’s experience is also a portrayal of the real life of many young parents. In order to solve the problem, many elderly people took the initiative to take over the heavy responsibility of receiving the baby. Ms. Shen, 66, is one of them.

　　Ms. Shen lives in Haidian District. Her grandson is in the first grade of primary school this year. Because both her son and daughter-in-law have to work, the job of picking up and dropping off the children is given to her.

　　"I have to go back and forth between home and school several times a day, and I have to walk on the road for nearly an hour a day." Ms. Shen said that because she is in good health, she can accept it, but I am afraid that the elderly who are in poor health will be a little overwhelmed.

　　"Last year, my son asked for a second child, and I hired a nanny to take the second child at home. I can still be busy when I send the boss. When the second child starts to go to kindergarten, I have to pick up two. Without a nanny, I will definitely be too busy." Ms. Shen said.

　　Market demand gives birth to trusteeship fever

　　The problem of parents picking up their children has also left business opportunities for off-campus hosting institutions, and the fees of such institutions are expensive.

　　A few days ago, the reporter consulted a primary school care institution in Zhongguancun, Beijing, and learned that the cost of hosting a primary school student in this institution is 1,480 yuan per month, while the student’s meal fee is calculated separately, which is the charging standard for each meal in 20 yuan. In this way, if a primary school student has dinner once a day in a custody institution, the monthly expenses add up to nearly 2,000 yuan, which is not a small expense for many parents.

　　Even so, because of the large demand, the number of custody places of custody institutions is also very popular.

　　"The number of students we can accept is limited, so we usually start to register in mid-August, and there will be very few places left when the school starts." A staff member of the agency told reporters.

　　For such a custodian, parents also have their own concerns.

　　"One depends on whether the price charge is acceptable. In addition, if we really want to send our children to such a custody institution, we must also check the qualifications, safety facilities, the level of teachers, the quality of food, etc. We are all concerned." Mr. Wang expressed his concern.

　　The teacher vomited: it is very tiring to organize after-school activities.

　　In the first half of this year, the Ministry of Education issued the Guiding Opinions on Doing a Good Job in After-school Services for Primary and Secondary School Students. Among them, it is clear that we should give full play to the role of the main channel of after-school service in primary and secondary schools. The majority of primary and secondary schools should make full use of their advantages in management, personnel, venues and resources, and take the initiative to assume the responsibility of students’ after-school service.

　　The reporter learned that after-school expansion activities have been carried out in primary schools in many areas, including Beijing. However, in the process of school implementation, there are also many practical problems.

　　Lin Lin (pseudonym), who works as an English teacher in a primary school in Chaoyang District, Beijing, said in an interview that her primary school will hold community activities three days a week, but because of the limited resources of teachers in the school, some interest activities need to be outsourced to hire teachers.

　　"Schools should also increase their funding, not only paying the class fees of external teachers, but also paying some remuneration to the class teachers." Lin Lin said.

　　"Community activities usually disrupt classes, and it is difficult for teachers to manage classroom discipline. Therefore, each class should be equipped with a class supervisor. Once the class is over, children like to have classes in disorder, so the class supervisor must always be nervous to prevent danger." Lin Lin told reporters that he will arrive at school at seven o’clock every day, and his usual workload is already very heavy. Coupled with the arrangement of extracurricular activities, he is very tired at the end of the day.

　　After school at 3: 30, did the students reduce their burden?

　　On the one hand, the school leaves school early, on the other hand, the students’ schoolwork burden has not really been alleviated. Many primary school students hurried to the off-campus cram school after leaving the school gate. Xiaoding, who is in the sixth grade this year, is one of them.

　　"I don’t have cram schools now except Monday and Sunday, and I have extracurricular classes the rest of the time." Xiaoding told reporters.

　　Xiaoding’s school is a key primary school in Beijing. It will finish school before three o’clock every Tuesday and Friday, but he still has cram schools to attend. Usually, Xiaoding goes to cram school by bike every time he comes home from school to pack his things, and many students in the class have similar situations.

　　"We are under great pressure as parents. Some of our children’s classmates were recruited by key middle schools in the fourth and fifth grades. If they can’t be recruited, they can only participate in computer allocation, which is quite anxious." Mr. Zhu, who lives in Haidian District, expressed emotion in an interview.

　　Mr. Zhu also has a daughter who has just entered the sixth grade. Because he is worried that his child will be sent to a bad middle school, he began to take his child to take some key middle school exams very early.

　　"In fact, children have very little homework in school and can finish it soon, but we also reported three or four extracurricular classes to our children, so it is not easy." Mr. Zhu said that as long as the child’s junior high school is not solved one day, his heart will always be hanging.

　　How to solve the problem?

　　On the one hand, the state advocates reducing the burden and letting students leave school early. On the other hand, schools and parents are faced with various implementation problems. How to solve the contradictions?

　　In fact, in recent years, many local governments have introduced relevant policies to solve the problem.

　　For example, Beijing, Chengdu and other places have established a financial guarantee mechanism. Public primary schools in Shanghai generally provide free after-school care services to students who have difficulties in family care. Qingdao and other places "take the school family Committee as the leading factor and the school participates in cooperation" and rely on the school’s premises and equipment to carry out after-school service.

　　"Solve ‘ 3: 30 problem ’ It is still necessary to let the school play an active role and carry out more extracurricular activities, but this requires a policy tilt, focusing on giving teachers subsidies and improving teachers’ enthusiasm. " Gu Mingyuan, honorary president of China Education Association, stressed in an interview with Zhongxin. com.

　　Gu Mingyuan analyzed that while the government gives financial support to schools, it should also give them autonomy in running schools. "Education should also be shared, so that schools can fully tap and utilize all social resources, even including inviting parents with special skills to participate in after-school activities. Children should not be pushed to training institutions because of school."

　　Chu Zhaohui, a researcher at the China Academy of Educational Sciences, believes that students should also be given some time for independent activities, rather than just "going to school — — Going home is a two-point and one-line life, and the part that is in contact with society is missing.

　　"In the process of children’s growth, it is not only the school that has an educational role, but also the society. Education should return to a normal state, so that children can participate in social activities independently and find their own interests." Chu Zhaohui said.

　　In addition, Chu Zhaohui emphasized that if the disguised junior high school entrance examination still exists, then the children are still tied to the examination and academic performance, so it is difficult to really reduce the burden. (End)

　　[New Ideas and Practice of Governing the Country]

　　Since the 18th National Congress of the Communist Party of China, remarkable achievements have been made in strictly administering the Party in an all-round way, but the building of a clean and honest party style and the struggle against corruption still have a long way to go. In his speech at the Seventh Plenary Session of the 18th Central Commission for Discipline Inspection, the Supreme Leader pointed out that to further promote the comprehensive and strict administration of the Party, we must treat both the symptoms and the root causes. The key to cure the problem is to innovate institutional mechanisms, improve laws and regulations, strengthen inner-party supervision, establish and improve institutionalized and legal governance mechanisms, comprehensively promote the rule of law, and strictly manage the party and power according to law.

　　The essence of strictly administering the party is to strictly govern power and rule power according to law.

　　The Communist Party of China (CPC) is the ruling party. To ensure our party’s long-term governance, we must adhere to the principle of strictly administering the party and governing power according to law. The key to strictly administering the Party lies in strictness and governance, which requires strengthening the awareness of the rule of law and rules, standardizing the operation of power according to law, and strengthening the supervision of power. The Sixth Plenary Session of the Eighteenth Central Committee of the Communist Party of China pointed out that it is necessary to improve the restriction and supervision mechanism of power operation, and form an institutional arrangement in which the right must be responsible, the use of power must be responsible, and the abuse of power must be held accountable. This is actually the concrete embodiment of the thought and important concept of the supreme leader comrade about putting power into the system cage. Montesquieu once pointed out that "all people with power are prone to abuse their power, which is an eternal experience". If the dam of laws and party rules is broken, the abuse of power will be like a flood. Strictly administering the party in an all-round way and strengthening power supervision means institutionalizing and legalizing supervision. Specifically, we should do the following two things.

　　Power should be bound by the Constitution and laws. Article 5 of the Constitution stipulates: "All state organs and armed forces, political parties, social organizations, enterprises and institutions must abide by the Constitution and laws. All violations of the Constitution and laws must be investigated. No organization or individual may have privileges beyond the Constitution and laws. " Constitution of the Communist Party of China also emphasized in the general program: "The Party must act within the scope of the Constitution and laws." Our party is the ruling party. Whether we can adhere to the rule of law, correctly lead legislation, take the lead in abiding by the law and ensure law enforcement is of great significance to comprehensively promote the rule of law. Therefore, governing according to law is the key to governing the country according to law. The implementation of ruling by law first requires the party to govern the country according to the constitution and laws. Adhering to the rule of law means that the supervision of power must be ruled by law and form a long-term mechanism of supervision, which will not change with the passage of time and personnel changes.

　　Power should be bound by the laws and regulations of the party. In order to manage a big party with more than 88 million party member, the traditional management method has many unsuitable places. In the new historical period, the internal and external environment faced by the Party is becoming more and more complicated, and the task of self-construction is becoming more and more serious. These changes have put forward higher requirements for the Communist Party of China (CPC)’s leadership style and ruling style, and objectively it is necessary to govern the Party according to the internal laws and regulations of the Party. State-owned laws, the party has party rules, and governing the country according to law requires the party to govern the country according to the Constitution and laws, and also requires the party to govern the party according to the internal laws and regulations of the party. Comrade Supreme Leader pointed out that it is necessary to "respect party constitution and strictly implement norms and regulations". Inner-party laws and regulations require the behavior standards of all party member and Party organizations, while laws require the behavior standards of all social members, and the behavior standards required by inner-party laws and regulations are stricter than laws. The Communist Party of China (CPC)’s Code of Integrity and Self-discipline and the Communist Party of China (CPC)’s Regulations on Disciplinary Actions, which came into effect in January 2016, have clearly defined party member’s high standards and the discipline of managing the Party. The Constitution and laws are the basis for ensuring the Party to be in power according to law, while the internal laws and regulations of the Party are the rule basis for managing and administering the Party. Only by organically combining laws and party rules can we provide institutional guarantee for the comprehensive and strict administration of the party and lay a solid foundation for comprehensively promoting the rule of law.

　　The core of strictly administering the party and governing power according to law is to safeguard the central authority according to law and ensure the smooth flow of central government decrees.

　　The leadership of the Party is the most essential feature of Socialism with Chinese characteristics and the greatest advantage of the Socialism with Chinese characteristics system. To strictly manage the party and power according to law, we must adhere to, improve and implement democratic centralism, and organically combine centralism on the basis of democracy with democracy under centralized guidance. To establish a normal order of inner-party life and ensure the unity of will and actions of the whole party, we must adhere to the fundamental principles that individuals obey the party organization, the minority obeys the majority, the lower organizations obey the higher organizations, and the whole party obeys the central government. The basis of this fundamental principle is that the minority obeys the majority, and the core is that the whole party obeys the Central Committee.

　　To uphold the party’s leadership, we must safeguard the authority of the central government, ensure the centralization and unity of the party, ensure the smooth implementation of the party’s central government decrees and orders, and prevent and overcome acts that are unorganized and undisciplined, have orders that are impossible, have prohibitions, and go their own way. We must resolutely put an end to the phenomenon that there are policies at the top and countermeasures at the bottom. We can’t "you have your closing plan and I have my jumping over the wall". If the party wants to be in power according to law, it must ensure that the central government decrees are smooth and the decision-making takes root by legal means. This is to be good at making the party’s ideas become the will of the state through legal procedures, formulating laws and regulations, and ensuring their strict implementation. In our country, the constitution is the concentrated expression of the will of the party and the people, and it is the fundamental law formed through scientific and democratic procedures. The party leads the people and formulates laws and regulations through legal procedures in accordance with the Constitution, which is to implement democratic centralism, safeguard the authority of the central government and ensure the smooth implementation of government decrees. Because in a society ruled by law, the law is supreme, the law has the highest status, and the rule of law includes equality before the law, and its rules have universal applicability. Compared with the rule of man, it is more certain and predictable. The ancient legalists in China compared the law to the size, rope ink, rules, balance stones, bucket hoops, angular measurement, etc., which was intended to emphasize the unity, fairness and universal applicability of the law. Therefore, to ensure the smooth flow of central government decrees, we should establish and improve the guarantee mechanism of rule of law. At present, in order to maintain the authority of the central government and keep the government decrees unblocked, we must improve the construction of relevant systems with the rule of law, and establish a linkage system between the deployment and implementation of policies at the higher and lower levels.Ensure that the lower-level policy suggestions can be fed back to the higher level in time, and enable the higher-level policy deployment to be effectively communicated to the lower level. At the same time, it is necessary to establish an assessment and inspection system for policy implementation, and evaluate and inspect the policy communication in all links. Organizations and individuals that hinder policy communication should be held accountable according to law.

　　The key to strictly administering the party and governing power according to law is the leading cadres in party member.

　　Our party is the ruling party, and some leading cadres not only hold positions within the party, but also take charge of public power. In order to ensure their exercise of power according to law, public power must be restrained by law, which is also the proper content of regulating public power with the rule of law. The key point of strictly administering the party and governing the power according to law is "the key minority", which requires leading cadres in party member to firmly establish the awareness of the rule of law, cultivate the ideas and habits of advocating, respecting and acting in strict accordance with the law, always have awe of the law, bear in mind that the legal red line cannot be crossed and the legal bottom line cannot be touched, strictly exercise their functions and powers within the scope of the Constitution and laws, and no one can enjoy privileges other than those stipulated by the Constitution and laws. Must adhere to the administration according to law, the law does not authorize, and the statutory authority must be. Leading cadres in party member should take the lead in abiding by the law, set an example in obeying the law, and play an exemplary role in the whole society. Strictly administering the party and governing power according to law also needs to solve the problem of supervision by the top leaders. The top leaders in leading bodies at all levels are the "key minority". The more important the responsibilities and positions of leading cadres are, the more important it is to strengthen supervision. China’s revised Administrative Procedure Law stipulates that "the person in charge of the accused administrative organ should appear in court to respond to the lawsuit", which strengthens the supervision of the chief executive from the legal point of view. In order to ensure the leading cadres in party member to exercise their functions and powers according to law, we must also improve the accountability mechanism, and insist that the responsibility must be asked and the accountability must be strict.Without clear responsibility, implementation and accountability, it will be difficult to truly manage the party strictly.

　　At present, China is in the stage of social transformation, with profound changes in economic system, social structure, interest pattern, ideas and concepts, and various social contradictions constantly emerging. The basic function of law is to settle disputes and stop disputes, and the law will program the schemes and ways to solve various disputes, providing the most stable and effective solutions for the settlement of social contradictions and disputes. Resolving social contradictions and disputes through law can avoid arbitrariness and differences in dispute resolution and ensure fairness. In practice, some leading cadres are indifferent to the law and lack the consciousness of exercising their functions and powers according to law, which is not only not conducive to resolving contradictions, but may lead to further intensification of contradictions. In this context, it is more important for leading cadres in party member to establish the rule of law thinking and be good at using the rule of law.

　　Strictly administering the party and governing power according to law must guarantee party member’s democratic supervision rights according to law and regulations.

　　Strengthening inner-party supervision focuses on daily life and perseverance. Strengthening party member’s democratic supervision right is an important measure to effectively prevent decision-making mistakes and abuse of power. In reality, some party member cadres, bending the law, constantly touch the legal bottom line, the most fundamental reason is the lack of supervision. Therefore, it is necessary to unblock the channels for party member to participate in the discussion of inner-party affairs, broaden the channels for party member to express his opinions, and create a political atmosphere for democratic discussion within the party. Comrade Supreme Leader pointed out that some party organizations and party member lacked the courage to use the weapon of criticism and self-criticism, which ultimately hurt the party’s cause. Making good use of criticism and self-criticism to safeguard party member’s democratic supervision right is an important way to improve inner-party supervision.

　　To strengthen inner-party supervision, we must establish and improve the effective mechanism of inner-party democratic supervision, and effectively protect the rights of democratic supervision in party member according to law. According to the provisions of the Constitution of the Communist Party of China, every party member enjoys the right to criticize, report and demand recall. In recent years, our party has attached great importance to the construction of the inner-party supervision system and established a series of specific democratic systems, such as the democratic life meeting system, the democratic appraisal of party member system, the inner-party reporting and accusation system, and the rights protection system in party member. The two inner-party laws and regulations that came into effect in January this year are both the guarantee and the basis for institutionalizing democratic supervision. On the one hand, supervision must be carried out in accordance with laws and regulations, which requires the full protection of party member’s democratic supervision rights through party rules, so as to realize the institutionalization and legalization of democratic supervision in party member. At the same time, practical measures should be taken to ensure that party member’s democratic rights, such as democratic participation, democratic election, democratic decision-making and democratic supervision, stipulated by party constitution, are fully exercised. On the other hand, in order to further play the role of democratic supervision in party member, it is necessary to institutionalize supervision and establish comprehensive, systematic and operable procedures and rules. We should constantly broaden and improve the channels of inner-party democracy, so as to realize party member’s extensive participation, effective management and effective supervision of inner-party affairs. In addition, we should broaden the channels of reporting, exposing, appealing, accusing and petitioning in party member, formulate a specific and strict system with strong operability, and expand the scope of party member’s participation in the management and supervision of cadres.

　　The key to strictly administering the party and governing power according to law is to punish corruption according to law and ensure equality before the law.

　　Strictly administering the party in an all-round way and punishing corruption must be firmly grasped. Comrade Supreme Leader pointed out that anti-corruption should be carried out with no forbidden zone, full coverage and zero tolerance, and efforts should be made to curb the spread of corruption and punish unhealthy practices and corruption around the masses. To punish corruption, we must insist on investigating every case and correcting every mistake. Since the 18th National Congress of the Communist Party of China (CPC), the anti-corruption campaign has been "fighting tigers" and "swatting flies" simultaneously, severely punishing corruption, promoting the implementation of responsibilities with serious accountability, showing a new atmosphere in the political life within the Party, winning the hearts and minds of the Party and providing an important guarantee for creating a new situation in the cause of the Party and the country. Judging from the anti-corruption cases that have been disclosed, it has truly achieved "no forbidden zone against corruption" and "zero tolerance" for corruption. This shows that there is no special citizen in our country, and there is no special party member in our party, which truly implements equality before the law and party rules. However, it must be noted that the anti-corruption situation is still grim, and we must always maintain a high-pressure situation against corruption. We must prevent corruption fundamentally by strictly administering the party and the country according to law and relying on the system. In accordance with the requirements of comprehensively administering the country according to law and strictly administering the party in an all-round way, accountability and investigation of cases of violation of law and discipline should be carried out in strict accordance with the law and regulations. Dare to investigate and handle cases, dare to be disciplined and accountable, and dare to touch the truth. At the same time, it is necessary to carry out organizational and institutional innovation, promote the reform of the national supervision system, comprehensively integrate anti-corruption resources, expand the scope of supervision, and establish a centralized, unified, authoritative and efficient supervision system and mechanism.

　　Comrade Supreme Leader pointed out that "popular support is the greatest politics, and justice is the strongest force". Governing the country must first govern the party, and the party must be strict. To strictly manage the party in an all-round way, we must govern power according to law and comprehensively promote the rule of law, which can provide long-term and effective institutional guarantee for strictly administering the party in an all-round way.

　　 (Wang Liming is the executive vice president of China Renmin University)

During his inspection of the Academy of Military Sciences, President Xi stressed that it is necessary to open a closed loop from practice to theory and then from theory to practice, so that the research of military theory can be rooted in the fertile soil of practice, be tested by practice, and realize the benign interaction between theory and practice. Today, with the surge of the new military revolution in the world, it is necessary to further handle the dialectical relationship between military theory and military practice in order to implement the spirit of the 19th Party Congress and promote the modernization of military theory.

Grasp the law of military practice and enhance the consciousness of military theory innovation

Since the birth of the war, human military practice has gone through thousands of years, including wood and stone age, metal age, gunpowder age and mechanization age, and is now striding towards the information age. To innovate military theory, only by thinking through time and space and knowing the overall situation of human military practice, especially war practice, can we base ourselves on the universal law of military practice and accurately grasp the characteristics of the times of military practice.

Grasp the universal law behind it through twists and turns. According to relevant statistics, from 3200 BC to 1964 AD, there were more than 14,500 wars in the world. These wars are different in nature, scale and ways of confrontation, and even have different faces. However, all war practices have common and universal laws. For example, wars are the continuation of politics, so there are points of justice and injustice; Wars are violent confrontations, which will cause more or less destruction and casualties; The final decisive factor of the victory or defeat of a war is people, so no matter how weapons and equipment develop, it will not ultimately decide the victory or defeat of a war, and so on. After entering the 21st century, when people talk about information, intelligence and unmanned warfare, and today, more and more attention is paid to technology and equipment, it is necessary to avoid seeing things but not people and ensure that military theoretical innovation advances in the right direction.

He is good at following the trend with time and understanding the internal password of change. War is often a huge system involving complex variables. Changes in political, economic, social, cultural and diplomatic factors, innovations in equipment, technology, talents, organization and tactics will all affect the development of military practice and the evolution of military theory. To innovate military theory, we must try our best to grasp why, where and how military practice changes from these changes, and earnestly grasp the historical law of the evolution of military practice. Specifically, to innovate military theory under the new historical conditions, we must see many characteristics of modern warfare, such as large economic investment, high technology content, fast combat action, and many political restrictions, and recognize the basic characteristics of the development of modern military forces, such as small quantity and scale, fine strength, excellent organizational structure, and fine command and management.

Be familiar with the changes of ancient and modern times and predict the future development trend. In the long history of war, there are both long gradual changes and short-term drastic changes. To promote the innovation of military theory, we should not only clearly predict the long-term trend of military practice development, but also attach great importance to major military mutations and their possible subversive effects. For example, once laser and quantum replace electrons as the new foundation of information technology, it will have a far-reaching impact on the rules of information attack and defense and the comparison of strategic forces. It can be seen that fully grasping the development trend of future military practice and clearly estimating the possible sudden changes are important guarantees for mastering the initiative and winning the future.

Correcting the innovation direction of military theory by comparing the effectiveness of military practice

The effectiveness of military theory innovation ultimately depends on military practice to test and correct. The innovation of military theory must jump out of the self-circulation of thinking, adhere to the test standard of practice, enrich the test methods of practice and expand the test ways of practice.

Test the innovation of military theory with new war practice. Engels once profoundly pointed out that in a long period of peace, how much weapons have improved due to the development of industry, how much combat methods have fallen behind. The lessons of Maginot Line of Defense have repeatedly warned people to avoid using yesterday’s brain to understand today’s war and break through the imprisonment of old thinking. The fundamental way is to constantly reflect on new war practice, recognize the unique essence and laws of modern war, objectively predict the development trend of war practice, find an effective way to win, and blow off the historical dust in military theory.

Test the innovation of military theory with the practice of preparing for war and using troops. Preparation for military struggle is the key link between army building and combat, an important aspect of peacetime military practice, and also provides a means to test the effectiveness of military theory innovation. It is necessary to unify the practice of combat readiness with the reflection of theory, find and solve the contradictions between them, effectively correct the tendency of theory to be divorced from actual combat, and promote it to be close to war. Although there is no war in peacetime, the practice of using troops in peacetime, such as anti-terrorism, maintaining stability, international peacekeeping and military deterrence, has opened up new ways to test the theoretical results. Making good use of the successful experience of these non-war military operations is conducive to sharpening the practical quality of military theory.

Test the innovation of military theory with the practice of building and managing the army. In peacetime, building and managing the army is the most basic military practice. We should persist in testing the innovative achievements of military theory with actual combat training, and make the innovative achievements of military theory constantly focus on combat effectiveness and lead to actual combat through layer-by-layer screening of basic training, synthetic training, joint training and mission training practice. In particular, we should make good use of the ruler of training practice, insist on training to measure the effectiveness of theoretical innovation in equipment, technology, battlefield and management, and measure the gains and losses of theoretical innovation in various fields, levels, links and elements with training, squeeze out all kinds of ideological bubbles that cannot stand the test of training, and correct all kinds of theoretical deviations that deviate from actual combat training.

Test the innovation of military theory with military virtual practice. Simulation training, virtual simulation, network confrontation and other means, in an immersive and interactive way, can make the officers and men involved get a personal feeling of the future war and an ideological impact that is close to actual combat, which has a good test and evaluation effect on the virtual and real, long and short, superior and inferior in military theoretical innovation. It is an important achievement of the creative application of modern soft science and high technology represented by information technology in training and exercises, and has opened up a relatively independent new channel to test the innovative achievements of military theory. Comprehensive development and application of military virtual practice, giving full play to the role of military virtual practice in testing military theoretical innovation, and combining it with real military practice will help to better play the role of military practice testing and better correct the direction of military theoretical innovation.

Innovating military theory and leading the development of military practice

With the progress of technology and the development of human society, military theory has more and more functions of designing wars and leading the development of wars. Realizing the great rejuvenation of the Chinese nation in the great global changes requires our military theory to have a broader vision, a more forward-looking vision, a keen grasp of the world’s military development trends, and a moderate lead in the development of war practice.

Keep up with the trend of the situation and grasp the historical position of military practice. With the group rise of emerging countries and the relative decline of western power, the global power balance has undergone profound changes, and the Asia-Pacific region has increasingly become the global geographical focus. The structural contradictions between the rising countries and the defending countries have increased, and the risks of competition, games and even conflicts and confrontations among big countries have increased. At the same time, the increasingly close interest ties formed by economic globalization, the increasing number of common multiple security threats faced by all countries, and the growing sense of community of human destiny all shape and restrict the way of resolving contradictions among big countries from different aspects, making it unlikely that a full-scale war will break out between big countries or even trigger a world war. However, military contests such as proxy war, marginal war, armed confrontation and strategic deterrence, which use strategic means to seek benefits, are inevitable, which requires military theoretical innovation to further broaden its horizons and guide military practice.

Keep up with the trend of technology and grasp the operation law of military practice. The use of metals, the invention of stirrups, the appearance of gunpowder, the introduction of tanks, the development of nuclear weapons and the change of information technology have triggered profound changes in the form and mode of warfare again and again. Judging from the previous military revolutions, the scientific and technological revolution is the most profound factor that triggered the military revolution. To promote military theoretical innovation, we must pay close attention to the development trend of science and technology. On the one hand, it is necessary to grasp the military possibilities contained in technological breakthroughs, especially the fundamental changes in confrontation rules and operational mechanisms caused by subversive technologies. The key here is to use the magnifying glass of military thought to select various technical possibilities, find out technological breakthroughs with great military value and study and develop them; On the other hand, we should find out the strategic demand for developing specific technology from the demand of political, economic and strategic games, and actively cultivate the technological fire to meet this strategic demand.

Follow the trend of national conditions and grasp the characteristics of China in military practice. To innovate military theory and lead military development, we should grasp the general laws of human military development, study the special laws of China’s military development, and influence and even lead the development of military practice with the original design of the development and application of China’s military forces. First, focus on ensuring peaceful development, pursue an active defense strategy, refrain from military expansion and arms race, and establish a theoretical perspective of providing strong military support for common security and mutual benefit. Second, to develop the people’s war in the new era, we always regard serving the people, organizing the people and relying on the people as the starting point and the end result of the innovative development of military theory. The third is based on me. Resolutely oppose copying the West in terms of ideas, paths, modes, technologies and organizations, strive to take root in China’s national conditions and military situation, identify the key points and shortcomings of strong enemies, and seize the initiative and lead the future in the design of strength development and application.

(The author is a researcher at the Academy of Military Sciences)

　　　　　　 CCTV News:We continue to pay attention to the deep game between the United States and Russia around the "last war" in Syria. The focus of the game is Idlib province in the northwest of Syria and its surrounding areas, which is regarded as the last site of opposition armed forces and various extremist and terrorist organizations in Syria. At present, the government forces are making intensive pre-war preparations to recover this area, and the battle of Idlib, known as the "last battle" in Syria, may start at any time. And at this juncture, should I fight? How to fight? The United States, which supports the anti-government armed forces, and Russia, which supports the Syrian government, are sharply opposed, and for this reason, they have launched a confrontation and game in military diplomacy.

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　　　　　　 White House: If Syria uses chemical weapons, it will respond quickly.

　　　　　　 Let’s look at the new trend of the US. The White House No.4 issued a statement saying that the United States is closely monitoring the situation in Idlib province of Syria. If the Syrian government uses chemical weapons, the United States and its allies will respond "quickly and appropriately".

　　　　　　 This is not the first time that the United States has recently threatened to use force against the Syrian government. On August 21 this year, the United States, Britain and France issued a joint statement expressing "serious" concern about the possible military actions taken by Syrian government forces in Idlib province. The United States, Britain and France also warned that if the Syrian government uses any chemical weapons, they will make an "appropriate" response.

　　　　　　 Russia says terrorist organizations will create chemical weapons attacks.

　　　　　　 The threat of use of force by the United States and its allies against Syria is not just a verbal threat. In April this year, the three countries attacked Syrian government facilities on the grounds of the so-called "chemical weapons attack". Recently, the Russian Ministry of Defense suddenly broke the news that the "White Helmets" organization with western background is planning with terrorist organizations to prepare a chemical attack and frame it on the Syrian government.

　　　　　　 According to the information held by the Russian military, several terrorist organizations, such as the "Conquest Front", transported eight chlorine-containing containers to the northwest of Idlib province in an attempt to make and photograph the scene of the so-called "chemical weapons attack" by Syrian government forces, and intelligence shows that the chemical weapons attack premeditated by terrorists may be changed to Hama province.

　　　　　　 Earlier, Western countries repeatedly accused Syrian government forces of using chemical weapons, which were firmly denied by Syria and Russia. In April this year, the so-called "chemical weapons attack" occurred in the town of Duma, Syria, and the United States, Britain and France subsequently attacked Syrian government facilities. Later, the Russian media interviewed the parties who were attacked by so-called "chemical weapons" and identified the relevant attacks as forged.

　　　　　　 Trump issued a warning to stop Syria from attacking Idlib.

　　　　　　 US President Trump No.3 also issued a warning to Syria not to "recklessly" attack Idlib province, otherwise the consequences will be very serious. He also called on Russia and Iran not to participate in the battle of Idlib. In this regard, Russian Presidential Press Secretary peskov No.4 said that Trump’s statement was ill-considered.

　　　　　　 Peskov: "(Idlib) hides a large number of terrorists, which leads to instability. Efforts to end this situation through political and diplomatic channels have also been hindered. Importantly, this poses a threat to our military base. This point has been mentioned by the Russian President. Everyone knows that those drones that threaten our base took off from here (Idlib). "

　　　　　　 Chen Bing launched a military confrontation between Russia and the United States in the Mediterranean.

　　　　　　 In addition to bickering, countries such as the United States and Russia are also ready to intervene in the military.

　　　　　　 According to media reports, the United States has deployed large destroyers equipped with Tomahawk cruise missiles to the Mediterranean waters near Idlib. A Los Angeles-class attack nuclear submarine has also entered the Mediterranean waters. Los Angeles-class nuclear submarines can carry multiple cruise missiles. In the Gulf War in 1991, the first wave of attacks by multinational forces on Iraq was launched from surface ships and Los Angeles-class nuclear submarines. However, the Pentagon said that sending nuclear submarines into the Mediterranean was a routine voyage.

　　　　　　 Russia is not to be outdone. The Russian navy began military exercises in the waters near Syria in the eastern Mediterranean on the 1st. The Russian Defense Ministry said that more than 25 ships from the Russian Northern Fleet, the Baltic Fleet, the Black Sea Fleet and the Caspian Fleet participated in the exercise, and there were about 30 fighters. Although Russia claims that the exercise has nothing to do with the situation in Idlib, Syria, it is widely believed that this is the largest maritime military exercise held by Russia in the Mediterranean region since the end of the Cold War, mainly to show the will and ability to oppose western countries’ intervention in the Syrian war by force.

　　　　　　 In addition, the Russian media also reported that the Russian Ministry of Defense is increasing the deployment of naval forces in the Mediterranean Sea, including 10 ships of various types with missile strike capability. This is also the most powerful naval force deployed by Russia in the Mediterranean since it cracked down on extreme armed forces in Syria in 2015. 　

　　　　　　 Russia-Turkey Summit or Focus on the Battle of Idlib

　　　　　　 Military confrontation is accompanied by diplomatic interaction. While the United States, Britain and France are threatening to use force against Syria, the presidents of Russia, Turkey and Iran will also meet in Iran on the 7th, that is, this Friday. It is expected that the situation in Syria, especially the war in Idlib province, will be the focus of this summit.

　　　　　　 Some analysts believe that at the upcoming summit, Russia, Turkey and Iraq need to coordinate and solve a series of problems, including the time of the war, the scope of the attack and the target of the attack, so as to prevent the armed forces supported by the three countries from accidentally firing, and to prevent the war from expanding out of control and harming the interests of the three countries.

　　　　　　 Iranian foreign minister’s visit to Syria reaffirms support for Syria’s counter-terrorism

　　　　　　 Let’s look at Iran’s attitude. Iran is an important ally of the Syrian government. It has always supported the Bashar regime in the Syrian civil war and provided military support to the Syrian government. Different from Turkey’s attitude, when Iranian Foreign Minister Zarif visited Syria on the 3rd, he called for "thorough elimination" of "terrorists" in Idlib province.

　　　　　　 Iranian Foreign Minister Zarif held talks with Syrian President Bashar al-Assad, Prime Minister khamis, Foreign Minister Moalem and several senior Syrian government officials on the same day. In their meeting with Bashar, Zarif and Bashar both accused "some western countries of exerting malicious pressure on Syria and Iran" and stressed that the two countries will not give up their "principles" and efforts to maintain regional peace and stability because of pressure. When meeting with Syrian Foreign Minister Moalem, Zarif reiterated that Iran will continue to support Syria’s actions against terrorist organizations.

　　　　　　 Talking about the war in Idlib, Syria, which may be about to start, Zarif said that the residual terrorist forces in Idlib area "will be completely eliminated" and this area should be returned to the Syrian people as soon as possible.

　　　　　　 Russian Foreign Minister: I am willing to meet with the US Secretary of State at the UN General Assembly.

　　　　　　 While the United States and Russia launched a deep game of military diplomacy around the "last war" in Syria, they did not refuse dialogue and communication. Russian Foreign Minister Lavrov said at the end of last month that he was willing to meet with US Secretary of State Pompeo during the UN General Assembly. The website of the Russian Ministry of Foreign Affairs issued a statement on the same day saying that both Lavrov and Pompeo will attend the 73rd UN General Assembly, which will open on September 18th. Lavrov expressed his willingness to meet with the US and discuss bilateral agenda and international affairs of common concern. He also said that both sides are ready for a fruitful and constructive meeting.

　　　　　　 The United Nations will convene many countries to discuss the situation in Syria.

　　　　　　 On the 4th, UN Special Envoy for Syria De Mistura said in Geneva that he would hold talks with Russia, Turkey and Iran from 10th to 11th. Subsequently, further talks were held with representatives of the United States, Britain, France, Germany and Saudi Arabia on the 14th. Subsequently, the UN Security Council will hold a meeting on the 20th to discuss the situation in Syria. It is hoped that this will be a breakthrough to promote the political process of the Syrian issue.

1905 movie network news At present, many movies at home and abroad rely on grand scenes, exquisite special effects, thrilling blasting and so on to win the audience’s attention, but few movies really rely on actors’ acting skills and stories themselves to win both box office and word of mouth. Today, Xiaobian will recommend several movies that you can never get tired of watching.

First, the game of wise men who decide life and death:

This is a film adapted from real historical events in Britain. The story tells the most famous conversation in British history. The two sides of the conversation were ian Paisley, the leader of democratic unionist party in Northern Ireland, and martin mcguinness, a politician of the New Finland Movement. The conversation took place in Britain during the turbulent period, when the British people were under the threat of death every day, and the meeting between the two politicians decided whether thousands of people could spend a peaceful period safely.

This one-and-a-half-hour-long film, from the very beginning, explains the reasons for the meeting between the two men, to how the political team behind it arranged the space for them to be alone behind the scenes, and finally, how the two men reached an agreement in mutual sarcasm and disputes, without delay.

One of the highlights of the film is that the scene of their conversation is placed in the back seat of a commercial vehicle. During the short hour of escorting ian Paisley to the airport, the political team needs to race against time to create opportunities for peace talks between the two, including arranging special drivers and setting up roadblocks to extend the time, because it is related to the lives of tens of millions of people and the future of Britain.

The second wonderful thing is the dialogue between the two people, which sounds like sarcasm, but in fact they are playing games with each other. Both of them stick to their political opinions and have no intention of giving in. But in the end, the two sides finally compromise for peace, but this compromise is not a concession of political opinions. Just as at the end of the film, Ian made Martin apologize for the explosion in Britain as a condition for peace, but Martin refused, and this refusal touched Ian and made him realize that their insistence on politics was actually the same.

The lines of the whole movie are particularly logical, and it is difficult for people to imagine how the real scene developed at that time, but it is precisely because of the images that this historic moment can be highly restored, which is the unique charm of the movie.

　

Second, the intrigue for the truth:

This suspense masterpiece from Spain was released in China this year, and it was once a double harvest at the box office. The story is about a mother who dressed as a lawyer to investigate her son’s death, and finally the truth came out.

In the film, the hero and heroine are in a closed room, trying to find each other’s loopholes with language. The hostess and mother use superb conversation skills to win the trust of the man first, and then slowly let the man tell the truth himself, while the suspect of the other man fabricates one story after another to try to cover up the facts, but in the end, she can’t resist the psychological defense line and is broken by the woman. After he tells the truth, the woman leaves the room. He didn’t realize that the lawyer who just walked into the room was not a real lawyer. In the last shot, he looked out of the window and looked at a pair of middle-aged men and women who were watching him in the opposite window. The woman took off her costume and the man’s face gradually emerged with a look of surprise.

This masterpiece, which scored 8.7 on Douban, is different from other suspense films. It takes conversation as the main line, and the two people perform different versions of the story in the intrigue between words. But in the end, the audience can only distinguish the truth by virtue of their dialogue, which can be described as an extraordinary brain-burning film.

　

Three, spying on the secret tit for tat:

This is a realistic work that reflects the fragile emotional relationship between people at present. The story mainly tells a series of unexpected stories about seven good friends at a dinner because of a game.

The setting of seven people in the film is two couples, a pair of lovers and a man who is afraid to bring his partner to meet his friends. At the dinner table, the hostess, who is a psychologist, suggested that everyone play a game. The rule of the game is that everyone should put their mobile phones on the dinner table and share any phone calls or text messages all night. Imagine that in this information-oriented era, mobile phones have almost become the most special private space for everyone. As the movie said, it is like a Pandora’s box. Once opened, I don’t know what will happen. It is in this game that everyone’s unknown secrets begin to surface. There is no loyalty between husband and wife, no trust between friends, and everyone tries to defend with pale and powerless language, but all broken relationships are like broken mirrors, which can not be healed by just a few words.

This high-scoring movie, which also scored 8.6 on Douban, is almost a dialogue. Everyone connects lies with the truth in series. Only by watching this movie seriously can the audience sort out this complicated relationship between people. At the end of the movie, they will inevitably sigh that in the current information age, although the relationship between people has been expanded, it is so fragile, and everyone needs a Pandora’s Box of their own to load things that they don’t want to be known.

　

Fourth, the strange story of staggered space:

This is a complete brain-burning film. There are nearly ten protagonists in the same room, and the relationship between them depends on the dialogue between the characters. In the first half of the film, it will bring people a sense of seeing things in a fog, but it will make people feel more and more jittery later, especially when everyone talks about the strange phenomenon when the comet comes. The ensuing power outage causes everyone to leave the house and meet the same themselves in the street for help. This series.

It is reported that when the film was filmed, the director only provided information about the relationship between the actors and characters, and what the lines should say and what they need to do all depended on the improvisation of the actors, which shows how amazing the performance of this group of old actors is in front of the camera. Compared with the previous two films, this part adds sci-fi elements to it, and leads the audience into a world with wide brain holes through similar stories of the same characters in different timelines and different spaces.

　　Recently, the COVID-19 epidemic has spread in many countries around the world, causing market concerns about corporate performance and economic growth. The Federal Reserve announced that it would cut the federal funds rate by 50 basis points to 1% & mdash; 1.25% range, this is the first time the Fed has cut interest rates this year. China’s central bank did not follow suit and suspended the open market operation. Experts believe that China has guided the interest rate reduction in advance, and there is still room for monetary policy.

　　At 23: 00 Beijing time on March 3, the Federal Reserve suddenly lowered its benchmark interest rate by 50 basis points to 1.00%— 1.25%, while reducing the excess reserve ratio (IOER) by 50 basis points to 1.1%.　

　　Although the Fed cut interest rates three times last year, the relevant decisions were made by the interest rate meeting. The sudden announcement of interest rate cuts exceeded market expectations. Subsequently, the UAE and Saudi Arabia announced a 50 basis point interest rate cut; On the morning of March 4th, Beijing time, the HKMA in Hong Kong and Macau also announced a 50 basis point interest rate cut.

　　On March 4th, the People’s Bank of China suspended its open market operation. Experts in the industry believe that in response to the COVID-19 epidemic, China has guided the interest rate reduction ahead of schedule, and there is still room for monetary policy.

　　Multinational central banks start to cut interest rates.

　　The United States is not the first country to start cutting interest rates.

　　Before the Fed cut interest rates, central banks in Australia, Malaysia and other countries announced interest rate cuts.　

　　Earlier, the Fed’s interest rate cut expectations have already appeared, but the market expects the Fed to announce this decision at the interest rate meeting in March. The sudden announcement of interest rate cuts outside the interest rate meeting exceeded market expectations.　

　　It is not uncommon for the Federal Reserve to cut interest rates since last year. Although this is the first interest rate cut by the Federal Reserve in 2020, it is also the fourth interest rate cut operation since last year. The previous three interest rate cuts occurred in July, September and October of 2019.

　　Judging from the operation in the history of the Federal Reserve, it is rare to cut interest rates urgently. Ming Ming, chief researcher of fixed income of CITIC Securities, said that the Fed chose to cut interest rates urgently, usually when it encountered a major risk event. Since 1994, there have been nine emergency interest rate cuts in the history of the Federal Reserve. The latest emergency interest rate cut by the Federal Reserve dates back to October 8, 2008, because the collapse of Lehman Brothers triggered concerns about economic recession. In the 11 years since then, the Fed has not taken similar actions. Therefore, it is clearly believed that the announcement of the emergency interest rate cut by the Federal Reserve this time may mean that the assessment of the current risk state within the Federal Reserve has reached a certain level.

　　Loose expectations have been warming up around the world. Recently, the Bank of Japan purchased a record 101.4 billion yen ETF on March 2, and said that it would provide sufficient liquidity to the market through appropriate market operations and asset acquisition to ensure the stability of the financial market; The European Central Bank also expressed its readiness to take appropriate and targeted measures and take corresponding actions against potential risks if necessary.

　　Monetary policy is based on me.

　　After the Federal Reserve cut interest rates, China’s central bank did not follow suit and suspended open market operations.　

　　On March 4th, the central bank announced that the total amount of liquidity in the banking system is at a reasonable and sufficient level, and no reverse repurchase operation will be carried out today.

　　Color, chief economist of Founder Securities, believes that the COVID-19 epidemic appeared earlier in China, and the China government has taken effective measures to prevent and control the epidemic, such as medium-term lending facility (MLF) "interest rate reduction", reverse repurchase operation, refinancing rediscount, special refinancing, etc., to maintain a reasonable and sufficient liquidity. The interest rate cut by the Federal Reserve and other central banks is a lagging policy after the epidemic. China’s central bank is already a pioneer and does not have to follow.

　　As early as February 1, the central bank made it clear that it would set up a special refinancing loan of 300 billion yuan to provide financial institutions with low-cost funds and support financial institutions to provide credit support at preferential interest rates for enterprises. Before the financial market opened on February 3, the central bank predicted the timing and scale of liquidity in advance. Subsequently, on February 3 and 4, the central bank put sufficient supply liquidity into the market, and the accumulated liquidity in the two days reached 1.7 trillion yuan, which exceeded market expectations.

　　At the same time, China took the lead in "cutting interest rates", but different from the Fed’s interest rate cut, China guided the open market operating interest rate, MLF interest rate and LPR quotation to be lowered in a "relay" manner. On February 3rd, while carrying out a record 1.2 trillion yuan reverse repurchase operation, the interest rates of the current 7-day and 14-day reverse repurchase operations both dropped by 10 basis points, which exceeded market expectations. On February 17th, the winning bid rate of the 200 billion MLF operation carried out by the People’s Bank of China was lowered by 10 basis points; On February 20th, the one-year LPR decreased by 10 basis points to 4.05%, and the one-year LPR decreased by 5 basis points to 4.75%.

　　For example, at the end of July last year, when the Federal Reserve announced a rate cut, China did not follow suit, and also suspended the open market operation on the same day.

　　There is room for countercyclical regulation

　　Recently, Liu Guoqiang, deputy governor of the People’s Bank of China, said in an interview with the media that as one of the few countries in the major economies to implement normalized monetary policy, China still has sufficient monetary policy space and sufficient reserves in the toolbox, so it is confident and capable of hedging the impact of the epidemic.

　　Under this premise, the expectation of lowering the benchmark deposit interest rate has also increased, but the market is still controversial.

　　Liu Guoqiang said that the benchmark deposit interest rate is the "ballast stone" of China’s interest rate system, and it will be kept for a long time. In the future, it will be adjusted in a timely and appropriate manner according to the deployment of the State Council, taking into account the fundamental conditions such as economic growth and price level.

　　However, it has been pointed out recently that lowering MLF and other methods should be used to drive down the financing cost of the real economy. At this time, lowering the benchmark deposit interest rate is a "turning back" in the interest rate marketization process. Many economists also believe that the effect of lowering the benchmark deposit interest rate may be limited.

　　In this regard, Wen Bin believes that it is residents and corporate deposits that really affect bank costs, accounting for more than 60% of bank liabilities. The change of MLF interest rate is more to convey the intention of monetary policy, which has limited effect on reducing the overall debt cost of banks, not to mention the frequent change of MLF interest rate. The high capital cost of banks also restricts the downward trend of LPR. Therefore, it is very necessary and urgent to lower the deposit interest rate, and we can’t think that lowering the deposit interest rate is the retrogression of interest rate marketization. On the contrary, the central bank’s "anchoring" of the deposit benchmark interest rate is still the core element and proper meaning of monetary policy.　

　　Liu Guoqiang said that next, targeted cuts to required reserve ratios will be selected for the banks that meet the service standards in inclusive finance in 2019 to release long-term liquidity. Recently, the COVID-19 epidemic has spread in many countries around the world, causing market concerns about corporate performance and economic growth. The Federal Reserve announced that it would cut the federal funds rate by 50 basis points to 1% & mdash; 1.25% range, this is the first time the Fed has cut interest rates this year. China’s central bank did not follow suit and suspended the open market operation. Experts believe that China has guided the interest rate reduction in advance, and there is still room for monetary policy.

　　At 23: 00 Beijing time on March 3, the Federal Reserve suddenly lowered its benchmark interest rate by 50 basis points to 1.00%— 1.25%, while reducing the excess reserve ratio (IOER) by 50 basis points to 1.1%.

　　Although the Fed cut interest rates three times last year, the relevant decisions were made by the interest rate meeting. The sudden announcement of interest rate cuts exceeded market expectations. Subsequently, the UAE and Saudi Arabia announced a 50 basis point interest rate cut; On the morning of March 4th, Beijing time, the HKMA in Hong Kong and Macau also announced a 50 basis point interest rate cut.

　　On March 4th, the People’s Bank of China suspended its open market operation. Experts in the industry believe that in response to the COVID-19 epidemic, China has guided the interest rate reduction ahead of schedule, and there is still room for monetary policy.

　　The United States is not the first country to start cutting interest rates.

　　Before the Fed cut interest rates, central banks in Australia, Malaysia and other countries announced interest rate cuts.

　　Earlier, the Fed’s interest rate cut expectations have already appeared, but the market expects the Fed to announce this decision at the interest rate meeting in March. The sudden announcement of interest rate cuts outside the interest rate meeting exceeded market expectations.

　　It is not uncommon for the Federal Reserve to cut interest rates since last year. Although this is the first interest rate cut by the Federal Reserve in 2020, it is also the fourth interest rate cut operation since last year. The previous three interest rate cuts occurred in July, September and October of 2019.

　　Judging from the operation in the history of the Federal Reserve, it is rare to cut interest rates urgently. Ming Ming, chief researcher of fixed income of CITIC Securities, said that the Fed chose to cut interest rates urgently, usually when it encountered a major risk event. Since 1994, there have been nine emergency interest rate cuts in the history of the Federal Reserve. The latest emergency interest rate cut by the Federal Reserve dates back to October 8, 2008, because the collapse of Lehman Brothers triggered concerns about economic recession. In the 11 years since then, the Fed has not taken similar actions. Therefore, it is clearly believed that the announcement of the emergency interest rate cut by the Federal Reserve this time may mean that the assessment of the current risk state within the Federal Reserve has reached a certain level.

　　The Fed’s interest rate cut quickly triggered a wave of "following" interest rate cuts. The United Arab Emirates and Saudi Arabia immediately announced a 50 basis point interest rate cut. China’s Hong Kong and Macao Special Administrative Regions adopted the linked exchange rate system, so they also announced interest rate cuts soon. On March 4th, the Hong Kong Monetary Authority announced that it would cut its benchmark interest rate by 50 basis points to 1.50%, and said that it would continue to pay attention to market conditions, maintain the orderly operation of Hong Kong’s currency and foreign exchange markets, and ensure the stability of Hong Kong’s currency according to the linked exchange rate system. The Macao Monetary Authority also announced on March 4th that it would lower the basic interest rate of the discount window by 50 basis points to 1.50%. The Macao Monetary Authority said that since the Macao pataca is linked to the Hong Kong dollar, in order to maintain the effective operation of the linked exchange rate system between Hong Kong and Macao, the policy interest rate changes of the two places must be basically the same. Therefore, the Macao Monetary Authority followed the Hong Kong Monetary Authority to adjust its basic interest rate synchronously.

　　Loose expectations have been warming up around the world. Recently, the Bank of Japan purchased a record 101.4 billion yen ETF on March 2, and said that it would provide sufficient liquidity to the market through appropriate market operations and asset acquisition to ensure the stability of the financial market; The European Central Bank also expressed its readiness to take appropriate and targeted measures and take corresponding actions against potential risks if necessary.

　　Monetary policy is based on me.

　　After the Federal Reserve cut interest rates, China’s central bank did not follow suit and suspended open market operations.

　　On March 4th, the central bank announced that the total amount of liquidity in the banking system is at a reasonable and sufficient level, and no reverse repurchase operation will be carried out today.　

　　Color, chief economist of Founder Securities, believes that the COVID-19 epidemic appeared earlier in China, and the China government has taken effective measures to prevent and control the epidemic, such as medium-term lending facility (MLF) "interest rate reduction", reverse repurchase operation, refinancing rediscount, special refinancing, etc., to maintain a reasonable and sufficient liquidity. The interest rate cut by the Federal Reserve and other central banks is a lagging policy after the epidemic. China’s central bank is already a pioneer and does not have to follow.

　　As early as February 1, the central bank made it clear that it would set up a special refinancing loan of 300 billion yuan to provide financial institutions with low-cost funds and support financial institutions to provide credit support at preferential interest rates for enterprises. Before the financial market opened on February 3, the central bank predicted the timing and scale of liquidity in advance. Subsequently, on February 3 and 4, the central bank put sufficient supply liquidity into the market, and the accumulated liquidity in the two days reached 1.7 trillion yuan, which exceeded market expectations.

　　At the same time, China took the lead in "cutting interest rates", but different from the Fed’s interest rate cut, China guided the open market operating interest rate, MLF interest rate and LPR quotation to be lowered in a "relay" manner. On February 3rd, while carrying out a record 1.2 trillion yuan reverse repurchase operation, the interest rates of the current 7-day and 14-day reverse repurchase operations both dropped by 10 basis points, which exceeded market expectations. On February 17th, the winning bid rate of the 200 billion MLF operation carried out by the People’s Bank of China was lowered by 10 basis points; On February 20th, the one-year LPR decreased by 10 basis points to 4.05%, and the one-year LPR decreased by 5 basis points to 4.75%.　

　　For example, at the end of July last year, when the Federal Reserve announced a rate cut, China did not follow suit, and also suspended the open market operation on the same day.

　　There is room for countercyclical regulation

　　Obviously, the further easing of global monetary policy has opened up space for domestic monetary policy. Compared with Europe and America, the Bank of China has more room for conventional monetary policy easing.　

　　Recently, Liu Guoqiang, deputy governor of the People’s Bank of China, said in an interview with the media that as one of the few countries in the major economies to implement normalized monetary policy, China still has sufficient monetary policy space and sufficient reserves in the toolbox, so it is confident and capable of hedging the impact of the epidemic.　

　　Under this premise, the expectation of lowering the benchmark deposit interest rate has also increased, but the market is still controversial.

　　Liu Guoqiang said that the benchmark deposit interest rate is the "ballast stone" of China’s interest rate system, and it will be kept for a long time. In the future, it will be adjusted in a timely and appropriate manner according to the deployment of the State Council, taking into account the fundamental conditions such as economic growth and price level.　

　　However, it has been pointed out recently that lowering MLF and other methods should be used to drive down the financing cost of the real economy. At this time, lowering the benchmark deposit interest rate is a "turning back" in the interest rate marketization process. Many economists also believe that the effect of lowering the benchmark deposit interest rate may be limited.

　　In this regard, Wen Bin believes that it is residents and corporate deposits that really affect bank costs, accounting for more than 60% of bank liabilities. The change of MLF interest rate is more to convey the intention of monetary policy, which has limited effect on reducing the overall debt cost of banks, not to mention the frequent change of MLF interest rate. The high capital cost of banks also restricts the downward trend of LPR. Therefore, it is very necessary and urgent to lower the deposit interest rate, and we can’t think that lowering the deposit interest rate is the retrogression of interest rate marketization. On the contrary, the central bank’s "anchoring" of the deposit benchmark interest rate is still the core element and proper meaning of monetary policy.　

　　Liu Guoqiang said that next, targeted cuts to required reserve ratios will be selected for the banks that meet the service standards in inclusive finance in 2019 to release long-term liquidity.