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Jiacang! Jiacang! Trillion giants have made moves.

　　China Fund newspaper Green

　　During the Spring Festival holiday, overseas giants successively disclosed the fund positions during the period. Overseas giant China’s investment trends are exposed. For example, the giant capital group with a trillion-dollar long-term investment exceeds 800 billion yuan, and the big MAC fund has increased its position by over 80%. JPMorgan Chase’s flagship China Fund increased its holdings () for two consecutive months, until it bought Kweichow Moutai as the largest awkward stock.

　　Morgan Stanley, an international investment bank that has continued to sing high-profile songs recently, said that once A shares are adjusted, it is the time to buy.

　　Let’s take a look together.

　　The flagship fund of Trillion Capital Group, Jiacangmei, exceeds 80%

　　The latest scale of the Euro-pacific Growth Fund, a subsidiary of the trillion-dollar long-term investment giant Capital Group, is US$ 130.742 billion, equivalent to about 886.888 billion yuan. It is jointly managed by 11 fund managers and invests in growth stocks in Europe and Asia-Pacific markets.

　　The European Pacific Growth Fund used to be the active management fund holding the most Kweichow Moutai.

　　According to the information from official website, by the end of 2022, the top ten stocks of the European Pacific Growth Fund were Novo Nordisk, Reliance Industries, Moet Hennessy-louis vuitton Group, ASML, Canadian Natural Gas, TSMC, AIA Insurance, Airbus, and No.13 Co., Ltd. The top ten heavyweight stocks include two pharmaceutical companies.

　　Source: official website, Capital Group.

　　The positions of EuroPacific Growth Fund include many shares of China companies.

　　For example, by the end of 2022, the top 100 stocks of the fund included Kweichow Moutai, Galaxy Entertainment, Xinao Energy, Tencent Holdings, Yaoming Biotechnology and Midea. Among them, the fund holds 4.2255 million shares of Kweichow Moutai, with a market value of 1.046 billion US dollars.

　　Source: comprehensive capital group official website and fund letter materials.

　　Compared with 5,316,900 shares at the end of the third quarter of 2022, the number of shares held by the fund in Kweichow Moutai decreased by 20.52%. The European Pacific Growth Fund once actively managed Public Offering of Fund products for the world’s largest holder of Kweichow Moutai, but in recent two years, the fund has continuously reduced its holdings of Kweichow Moutai.

　　In addition to Kweichow Moutai, in the fourth quarter of 2022, the fund’s shareholding in Yaoming Biotechnology also decreased significantly, with a reduction of 67.85%. In addition, in the fourth quarter, the fund also reduced its shareholding in Tencent Holdings and Xinao Energy. In the fourth quarter, the stocks that the fund significantly increased their positions were Galaxy Entertainment and Midea Group. Among them, the fund increased its holdings of Galaxy Entertainment by 6.95%. The fund increased its holdings of Midea Group by 82.81%.

　　In addition to the European Pacific Growth Fund, the New World Fund, another flagship fund under the Capital Group, also disclosed its positions as of the end of 2022. The latest scale of New World Fund is $46 billion, which is jointly managed by 12 fund managers, and the fund invests in emerging markets.

　　Fund Jun compared the fund at the end of 2022 and the end of October 2022 (the data at the end of October comes from the fund’s annual report. The fiscal year of the fund is from November 1st of the first year to the end of October of the following year. ) found that in the last two months of 2022, the fund significantly increased its position in Midea Group, significantly increased its position in China Ping An, and increased its position in Baekje Shenzhou (ADR) and () to a certain extent.

　　Source: Comprehensive official website and Fund Letter Cover materials.

　　Specifically, during November and December of 2022, the Fund increased its holdings of China Ping An by 20% and Midea Group by 31%. Careful friends will find that the above European Pacific Growth Fund has also significantly increased its holdings of Midea Group.

　　It is understood that the fund managers of New World Fund prefer companies that can generate cash flow continuously, companies that have pricing power, and companies that may directly or indirectly benefit from long-term trends (such as supply chain localization and energy transformation). Companies in this area include related companies such as solar energy and electric vehicles. According to the Fund, China’s economic recovery may become a catalyst for related stocks in the coming year. The New World Fund focuses on domestic enterprises that are consistent with government policies and are not affected by geopolitical tensions.

　　At the industry level, information technology is the largest industry in the portfolio, and its shareholding is mainly concentrated in companies that manufacture semiconductors and related equipment. Health care is a multinational pharmaceutical company with the second largest portfolio, focusing on promising new drugs to treat obesity and diabetes. Finance is the third largest industry in the fund. Materials are also a heavy fund industry, with companies producing copper, iron ore and nickel in their positions.

　　JPMorgan Chase’s flagship fund added "Kweichow Moutai" for two months.

　　JPMorgan Chase’s flagship China Fund-"Morgan Fund China A-share Opportunity Fund" is one of the largest China equity funds overseas with the latest scale of about 42.7 billion yuan. By the end of December 2022, the fund’s heavyweight stocks included: Kweichow Moutai, China Merchants Bank, (), China Ping An, Midea Group, (), (), (), (). In December, the fund increased its position in Kweichow Moutai by 34.76%. It is worth noting that this was the opening of Kweichow Moutai in November, and it was bought as the seventh largest awkward stock in one fell swoop, and Kweichow Moutai was also promoted from the seventh largest awkward stock in the fund to the first awkward stock. In addition to Kweichow Moutai, in December, the fund increased its position in Contemporary Amperex Technology Co., Limited by 8.44%, increased its position in Midea by 9.14%, reduced its position in Mindray Medical by 7.84% and increased its position in Wanhua Chemical by 9.20%.

　　Source: Morningstar

　　JPMorgan Chase’s other flagship China fund, JP Morgan Funds-China Fund A (ACC)–USD, has the latest scale of US$ 6.596 billion. At the end of December 2022, the fund’s heavyweight stocks included Tencent Holdings, Meituan, Alibaba, JD.COM, Pinduoduo, Yaoming Biotechnology, China Ping An, Netease and China Merchants Bank. In December 2022, the Fund reduced its holdings of Tencent Holdings by 3.65%, and increased its positions in Internet companies such as Meituan, Alibaba, JD.COM and Pinduoduo.

　　Source: Morningstar.

　　UBS, Schroeder Investment, Fidelity International

　　Fund Jun previously reported that in December, UBS, Schroeder Investment, Fidelity International and other funds with more than 10 billion yuan also increased their positions in Kweichow Moutai.

　　For example, UBS (Lux) Equity Fund-China Opportunity (USD) P-ACC, a selected stock fund of UBS (Lux) in China, increased its position in Kweichow Moutai by 14.03% in December 2022 and reduced its position in Unacon by 15.5% in the same period. As of January 20, 2023, the total size of this fund was 5.773 billion US dollars. This fund is managed by Shi Bin, a famous overseas China investor. After two years of downturn in 2021 and 2022, since the beginning of 2023, the net value and scale of the fund have shown an upward trend.

　　Consumption of blue chips is one of Shi Bin’s strengths. In the second half of 2018, after the stock price of Kweichow Moutai fell sharply, Shi Bin made a decisive purchase and successfully won the rebound in 2019. Prior to this, Shi Bin also benefited a lot from Kweichow Moutai.

　　By the end of December 2022, the heavyweight stocks of UBS (Luxemburg) China Select Fund included Tencent Holdings, Kweichow Moutai, Netease (ADR), Ping An of China, Unacon of China Merchants Bank, Alibaba (ADR), AIA, Ping An Bank and Meituan. In December, the fund increased its position in Kweichow Moutai and reduced its holdings outside Unacon. The fund slightly reduced its holdings in Ping An, China, by only 1.22%.

　　China A, a subsidiary of Schroder Investment, increased its positions in the top 10 positions one by one in December, among which Kweichow Moutai increased its positions the most, reaching 21.65%.

　　As of January 20, 2023, the latest scale of this fund is 4.571 billion US dollars. By the end of December, 2022, the top ten stocks of the Fund included China Ping An, China Merchants Bank, Kweichow Moutai, Hengrui Pharma, Longji Green Energy, Midea Group, No.9 Intelligent, Wanhua Chemical, () and (). In addition to Kweichow Moutai, the fund increased its holdings of Hongfa shares by 7.37% in December, which was second only to Kweichow Moutai.

　　China Consumer Power Fund, a subsidiary of Fidelity International, also slightly increased its position in Kweichow Moutai in December. The range of jiacang is 3.40%. By the end of 2022, the fund scale was 4.406 billion US dollars. In December 2022, the fund increased its positions in Kweichow Moutai by 3.4%, China Ping An by 5.95% and Alibaba by 0.31%. In the same period, the fund reduced its holdings of Tencent Holdings by 3.91% and Mengniu Shares by 6.72%. By the end of December 2022, the fund’s heavyweight stocks included Tencent Holdings, Alibaba, Meituan -B, Kweichow Moutai, AIA, China Ping An, Mengniu, Galaxy Entertainment and Ctrip.

　　Morgan Stanley: If the market adjusts, it is the time to buy.

　　On January 19, 2023, Morgan Stanley pointed out in its research report that investors’ mood weakened on the eve of the Spring Festival. The factors supporting China’s bullish stock market are being realized. "If there is an adjustment after the Spring Festival, we regard it as a bargain-hunting opportunity".

　　Morgan Stanley upgraded China’s market rating on December 4th, 2022, and then upgraded China to High Ratings after nearly two years. Just one month later, Morgan Stanley once again published a "bullish" report: in view of the fact that the China epidemic policy exceeded expectations, it is reasonable to raise the target points of some China market indexes again.

　　A-share sentiment index compiled by Morgan Stanley, source: Morgan Stanley Report. The above figure shows that despite the continuous inflow of northbound funds before the holiday and the strong rebound of A shares, the mood of A shares is far from overheating.

　　Morgan Stanley pointed out that the factors supporting the bullish China stock market are being realized. Under the Spring Festival effect, some investors may take profits, which may bring the opportunity to buy. From the data of December 2022, the economic activity and epidemic recovery exceeded expectations. For example, China’s GDP in the fourth quarter increased by 2.9% year-on-year, which was the same as the previous quarter. In January 2023, social mobility data continued to improve. Morgan Stanley cited data from relevant universities and pointed out that about two-thirds of people in China have been infected with Omicron. This means that the economic recovery is earlier and stronger than expected. It is likely that after the Spring Festival, corporate profits have bottomed out and the economic recovery has accelerated.

　　Morgan Stanley pointed out: The recent easing of Sino-US relations, supervision and support for the development of platform economy, and high-level signals to encourage the development of market economy are all beneficial to the performance of China stocks. In the previous report, Morgan Stanley said that it was more optimistic about offshore China stocks (including Hong Kong stocks and overseas listed ADR) than A shares. Between A shares and offshore China stocks, when should investors turn to A shares? Morgan Stanley said that it depends on three conditions. First of all, the valuation of A shares compared with offshore China stocks; Second, the low allocation of offshore China stocks by overseas funds has weakened; Third, after the normalization of inbound tourism, overseas institutions can enter the country to do their best.

China’s economic market in 2008 (economic focus)





　　


　　　　In 2008, China’s economy maintained a growth rate of 9% in spite of difficulties, and its contribution to world economic growth exceeded 20%.


　　　　In the fourth quarter, although the GDP growth rate took a sharp turn for the worse, in December, there were some positive changes in money and credit, consumption, investment, export and industrial production …


　　　　After experiencing several rare natural disasters in history and the test of the world economic recession caused by the American financial crisis, what kind of overall evaluation should be given to China’s national economy in 2008?


　　　　How to evaluate the overall economic performance throughout the year?


　　　　Ma Jiantang, director of the National Bureau of Statistics, who made his debut at the press conference of the State Council Information Office, was considerate, bringing not only detailed statistical data, but also his overall evaluation of the national economy in 2008: rapid growth, price stabilization, structural optimization and improvement of people’s livelihood.


　　　　At first glance, it is growing rapidly. According to preliminary accounting, GDP in 2008 increased by 9% over the previous year. Although vertically, it is 4 percentage points lower than the growth rate of 13% in 2007, compared with other countries in the world, the growth rate of 9% is still a relatively high speed. According to the latest estimate of the International Monetary Fund, the average growth rate of the world economy in 2008 was 3.7%. According to Ma Jiantang, it has been calculated that in 2008, China’s economy maintained a growth rate of 9% in spite of difficulties, and its contribution to world economic growth exceeded 20%.


　　　　Second, look at the price stabilization. In February, the price rise reached a peak, and the CPI rose by 8.7% that month. China government has taken a series of measures to increase supply, regulate demand, invigorate circulation and increase subsidies for low-and middle-income people. With these measures in place, it took about half a year to control the inflation rate from 8.7% to less than 5%, and it dropped to 1.2% in December.


　　　　Third, look at structural optimization. While the national economy has achieved rapid growth, the primary industry, especially agriculture, has developed well. In 2008, China’s total grain output and unit yield both reached the highest level in history, with grain reaching 1,057 billion Jin. "In such a difficult time, a bumper harvest of grain can be achieved, which further proves that Chinese can support itself, which is also the greatest contribution to the world." As a doctor of economics, Ma Jiantang still remembers the debate about "Who will feed China" provoked by some foreign economists a few years ago. In addition to the industrial structure, the regional structure is also being optimized. Last year, the investment and industrial growth rates in the central and western regions were faster than those in the east.


　　　　In 2008, energy conservation and emission reduction also made positive progress. From the perspective of energy consumption per 10,000 yuan GDP, it decreased by 4.21% in 2008. In the first three quarters of last year, sulfur dioxide emissions decreased by 4.2% and chemical oxygen demand emissions decreased by 2.7%. All these data indicate that China’s economy has made positive progress in building a resource-saving and environment-friendly society while overcoming difficulties and growing steadily.


　　　　Fourth, see the improvement of people’s livelihood. In 2008, the annual per capita disposable income of urban residents increased by 14.5%, with an actual increase of 8.4%; The per capita net income of rural residents increased by 15% in nominal terms and 8% in real terms. It is not easy to maintain such growth under such severe economic conditions. At the same time, social security is increasing. In 2008, the total income of five insurance funds, including basic pension, basic medical care, unemployment, work injury and maternity insurance, was 1,380.8 billion yuan, an increase of 27.7%. The basic pension level and the minimum wage level of enterprise retirees all over the country are improving.


Main economic data:　　


　　　 China’s GDP in 2008 was 30.067 trillion yuan, an increase of 9%.


　　　 In the fourth quarter of 2008, China’s economy grew by 6.8% year on year.


　　　 In 2008, the national consumer price level rose by 5.9%.


　　　 In 2008, the per capita income of urban and rural residents in China increased by 8.4% and 8.0% respectively.


　　　 In 2008, the sales prices of houses in 70 large and medium-sized cities in China increased by 6.5% over the previous year.


　　　 In 2008, the per capita income of urban and rural residents in China increased by 8.4% and 8.0% respectively.


　　　 In 2008, China’s economic data was released, and the economy showed a rapid growth trend.


　　　　In 2008, the total investment in fixed assets in China was 17,229.1 billion yuan.


　　　 Other data:


　　　 Last year, the price increase in large and medium-sized cities dropped by 1.1 percentage points year-on-year


　　　 In 2008, 11.13 million new jobs were created in cities and towns, and the registered unemployment rate at the end of 2008 was 4.2%.


　　　 In 2008, the contribution rate of China’s economy to world economic growth exceeded 20%.


　　　 Statistics Bureau: In 2008, the M2 balance of China increased by 17.8% compared with the end of last year.


　　　 In the first November of 2008, the profits of 31 industrial sectors in China increased year-on-year.


　　　 In 2008, the national economy as a whole maintained steady and rapid development.


　　　 In 2008, the added value of industrial enterprises above designated size increased by 12.9% over the previous year.


　　　 In 2008, the total retail sales of social consumer goods in China increased by 21.6% over the previous year.


　　　 In 2008, the ex-factory price of industrial products in China increased by 6.9% over the previous year.


　　　 In 2008, the energy consumption per 10,000 yuan GDP in China decreased by 4.21%.


　　　 In December 2008, the added value of industrial enterprises above designated size in China increased by 5.7% year-on-year.


　　　 Answer a reporter’s question:


　　　 Director of Statistics Bureau: The "consumption fever" will continue after the New Year.


　　　 Ma Jiantang, Director of Statistics Bureau: The expected target of consumer price in 2009 is 4%.


　　　 Chief economist of statistics bureau: the economy can get out of the downside in the second half of the year


　　　 Ma Jiantang said that China’s GDP has jumped to the third place in the world: this is an objective trend.


　　　 The National Bureau of Statistics is studying the establishment of a GDP growth ratio system.


　　　 Director of Statistics: The economic data in December began to show positive changes.


　　　 Director of Statistics Bureau: The final verification data of GDP in 2007 is scientific and accurate.

China’s policy document on the EU (full text)

Xinhua News Agency, Beijing, December 18th

China’s policy document on EU.
(December 2018)

foreword

Today, the world is in a period of great development, great change and great adjustment. World multipolarization, economic globalization, social informationization and cultural diversity are developing in depth, and countries are increasingly interconnected and interdependent. At the same time, unstable and uncertain factors have increased in the international situation, and unilateralism, protectionism and anti-globalization have risen.

Over the past 40 years of reform and opening up, China has made great achievements in economic and social development, but China’s international status as the largest developing country in the world has not changed. Under the guidance of the Supreme Leader’s New Era Socialism with Chinese characteristics Thought, China will unswervingly follow the path of peaceful development, persist in comprehensively deepening reforms, promote the formation of a new pattern of all-round opening up, promote the construction of new international relations, promote the building of a community of human destiny, and create new opportunities and make new contributions to world peace and development.

The process of European integration is the product of European countries and people’s pursuit of peace, unity and self-improvement. As a country with the highest degree of integration and comprehensive strength in the world today, the EU is an important strategic force in the international situation. Although the development of the EU has been affected by events such as Brexit in recent years, the EU has not changed its integration direction, continued to work hard to promote reform and meet challenges, and played an important role in regional and international affairs.

China and the European Union are both important participants and shapers in the process of world multipolarization and economic globalization. They share broad common interests in safeguarding world peace and stability, promoting global prosperity and sustainable development, and promoting the progress of human civilization. They are also indispensable partners in their respective reforms and development. The EU has maintained the status of China’s largest trading partner for 14 consecutive years, and China is the EU’s second largest trading partner. Developing good relations with the EU has always been one of the priorities of China’s diplomacy.

In 2003 and 2014, the China government published two policy documents on the EU, which provided important guidance for promoting the development of China-EU relations. The year 2018 marks the 15th anniversary of the establishment of China-EU comprehensive strategic partnership and the 20th anniversary of the establishment of China-EU leaders’ meeting mechanism. The third policy document on the EU formulated by China government aims to keep pace with the times and carry forward the past, further clarify the direction, principles and concrete measures for deepening China-EU comprehensive strategic partnership in the new era, and promote greater development of China-EU relations.

first part

Guiding principles for developing China-EU relations

Since the establishment of a comprehensive strategic partnership between China and the European Union in 2003, the breadth and depth of bilateral relations have been continuously expanded, forming a good pattern of all-round, multi-level and wide-ranging exchanges and cooperation. In 2014, the Chairman of the Supreme Leader paid a historic visit to the EU headquarters, and reached an important consensus with EU leaders on building the four partnerships of peace, growth, reform and civilization between China and Europe, which pointed out the development direction for further deepening the comprehensive strategic partnership of mutual benefit and win-win, and defined the overall policy objectives of the China administration towards the EU for a long time. China advocates looking at and developing China-EU relations from a strategic and long-term perspective. The following principles should be adhered to in developing China-EU relations:

-Adhere to mutual respect, treat each other as equals, adhere to the one-China principle, and consolidate the most important political foundation of China-EU relations.

-Adhere to openness, inclusiveness, win-win cooperation, and strengthen the exchange of development concepts and the docking of development plans.

-Adhere to fairness and justice, help each other in the same boat, and jointly promote the improvement of the global governance system.

-Insist on dialogue among civilizations, live in harmony but differ, and promote exchanges and mutual learning between China and Europe.

China is happy to see a united, stable, open and prosperous Europe, has always supported the process of European integration, and is committed to developing relations with EU institutions, member States and other European countries in a comprehensive, balanced and mutually reinforcing way. The cooperation between China and Central and Eastern European countries is an open and transparent cross-regional cooperation based on the common interests and actual needs of China and regional countries. Support and constructive participation from the EU and other parties are welcome. China hopes that Britain will leave the EU in an orderly manner and is willing to promote the parallel development of China-EU and China-UK relations.

China will continue to strengthen high-level exchanges with the EU and EU countries, give full play to the strategic leading role of the China-EU leaders’ meeting mechanism in the development of China-EU relations, further implement the China-EU Cooperation 2020 Strategic Plan jointly formulated by the two sides in 2013, explore follow-up plans, and strengthen exchanges and dialogues among governments at all levels. Strengthen equal exchanges and mutual learning between legislatures, political parties, local governments and social organizations, deepen and expand pragmatic cooperation in various fields, carry out third-party market cooperation, and learn from each other’s strengths, benign interaction and common development in exchanges and cooperation.

The "One Belt, One Road" initiative is an important public product provided by China to the international community. It insists on joint construction and sharing, advocates openness, tolerance and transparency, follows international rules and market principles, and pursues high quality and high standards on the basis of local conditions. China welcomes the EU and European countries to actively participate in cooperation and jointly build the Belt and Road into a peaceful, prosperous, open, innovative, civilized, green and clean road.

Adhering to the commitment of respecting China’s sovereignty and territorial integrity, adhering to the one-China principle with practical actions, and respecting China’s core interests and major concerns are related to the long-term stable development of China-EU relations. The European side should clearly oppose any form of "Taiwan Province independence", support the great cause of China’s peaceful reunification, and handle Taiwan-related issues carefully. Exchanges between Europe and Taiwan should be strictly restricted to unofficial and non-governmental areas, and no official contacts and exchanges of any kind are allowed, no agreements with sovereign meaning or official nature are signed, no institutions with official nature are set up, Taiwan’s participation in international organizations limited to sovereign countries is not supported, Taiwan’s weapons and equipment, materials and technology that can be used for military purposes are not sold, and any form of military exchanges and cooperation is not allowed.

The Central Government of China supports and encourages the governments of the Hong Kong Special Administrative Region and the Macao Special Administrative Region to carry out mutually beneficial and friendly cooperation with the EU and its member States in the fields of economy, trade, culture and tourism in accordance with the principle of "one country, two systems" and the provisions of the two Basic Laws. Hong Kong and Macao are special administrative regions of China. Hong Kong and Macao affairs belong to China’s internal affairs, and the European side should not interfere.

China appreciates the position of the EU and its member states that Tibet is an inalienable part of China’s territory and does not support "Tibet independence". The European side should not allow the leader of the Dalai clique to engage in activities to split China in the EU and its member countries in any capacity and name, and should not arrange any form of contact between officials and him, or provide any support and convenience for anti-China separatist activities of "Tibet independence". The European side should also not provide any support and convenience for the "East Turkistan" forces and any anti-China separatist, violent terrorist and extreme religious activities.

China and Europe are different in history, culture, social system and development stage, but there is no fundamental strategic conflict between the two sides, and the common ground is far greater than the differences. We should persist in dialogue and non-confrontation, constantly enhance mutual understanding, understanding and trust through equal dialogue, maximize consensus, take care of each other’s legitimate concerns, and handle differences and control frictions in a constructive manner.

China is willing to continue to strengthen dialogue and cooperation with the EU at bilateral, regional and global levels, jointly advocate and practice multilateralism, safeguard the international order and system with the United Nations at the core, and work together to meet global challenges. Take a clear-cut stand against unilateralism and protectionism, promote the development of economic globalization in a more open, inclusive, inclusive, balanced and win-win direction, support the international community to jointly formulate and improve fair, just and equitable international rules and standards, and ensure that all parties participate in decision-making on an equal footing, enjoy their due rights, and assume responsibilities and obligations commensurate with the level of development.

the second part

Cooperation in the fields of political security and defense.

Make good use of the important platform of China-EU high-level strategic dialogue, deepen strategic communication and coordination, and continuously accumulate and expand strategic consensus and mutual trust.

Continue to carry out China-EU foreign policy consultations and regional affairs dialogues, and promote political solutions to international and regional hotspot issues.

Strengthen exchanges, coordination and cooperation within the framework of the United Nations, support the United Nations to play an active role, and explore joint initiatives and actions on issues of common concern and consensus between China, the European Union and member States. Jointly support the reform of the United Nations, enhance its role and improve its efficiency. Strengthen exchanges and pragmatic cooperation in the field of UN peacekeeping.

Strengthen anti-terrorism exchanges and cooperation on the basis of mutual respect and equal treatment, never engage in "double standards" on anti-terrorism issues, and promote international anti-terrorism cooperation to make new progress.

To strengthen police cooperation, China is willing to expand exchanges and cooperation with Europol and conduct joint patrols with EU member States as appropriate. Strengthen exchanges and cooperation in public legal services, extradition, criminal judicial assistance and other fields, and work together to combat transnational crimes more pragmatically and efficiently.

Strengthen exchanges and cooperation in the field of non-proliferation and export control. Work together to promote international cooperation in nuclear safety. Prevent weaponization and an arms race in outer space and safeguard peace and security in outer space. Maintain the authority and universality of multilateral disarmament mechanisms. We will jointly safeguard the authoritative position of the Treaty on the Non-Proliferation of Nuclear Weapons as the cornerstone of the international nuclear non-proliferation and disarmament system and support the efforts to ban nuclear tests. Support the Geneva Conference on Disarmament to reach a comprehensive and balanced work plan at an early date and start substantive work.

We will continue to make good use of the mechanism of the China-Europe Network Working Group, jointly advocate the concept of a community of cyberspace destiny, promote the formulation of a code of conduct for responsible countries in cyberspace under the framework of the United Nations, promote the reform of the global Internet governance system, and establish a peaceful, secure, open, cooperative and orderly cyberspace.

Maintain high-level exchanges between defense departments, strengthen communication and promote cooperation through the security policy dialogue mechanism of defense departments, actively expand personnel training, discussion and exchange, joint training, and cooperation in non-traditional security fields such as humanitarian relief, peacekeeping and escort.

The EU and its member states should lift the ban on arms sales to China at an early date.

Deepen dialogue and cooperation under the framework of ASEM, promote positive changes in ASEM, focus on pragmatic results and play a unique role in the global governance system based on the basic principles of mutual respect, equality and mutual benefit, and consensus.

the third part

Cooperation in trade and investment, interconnection, finance and other fields.

Give full play to the guiding role of China-EU high-level economic and trade dialogue, deepen China-EU dialogue on macroeconomic policies and economic and trade policies, enhance the understanding and correct understanding of each other’s policies and regulations, promote docking and accommodation, tap the potential of cooperation, constructively handle differences and frictions, avoid politicizing economic and trade issues, and promote the long-term, stable, mutually beneficial and win-win development of China-EU economic and trade relations.

In a positive and pragmatic spirit, we should work together to achieve a mutually beneficial and win-win China-EU Comprehensive Agreement on Investment, start the joint feasibility study of China-EU Free Trade Area as soon as possible, and establish a good institutional framework for improving the level of China-EU economic and trade cooperation.

Promote the coordinated development of trade in goods and services. China will expand the import of high-quality goods from Europe through existing channels and new platforms such as China International Import Expo. The EU should relax the export control of high-tech products to China. The EU should strictly fulfill its WTO obligations, ensure that the relevant trade remedy legislation and practice are consistent with WTO rules, and rationally use trade remedy measures to avoid discrimination against some WTO members in law or in fact.

Maintain two-way openness and promote two-way investment. China will greatly relax market access, fully implement the pre-entry national treatment plus negative list management system, create a stable, fair, transparent, legal and predictable business environment, protect the legitimate rights and interests of foreign investment, and treat Chinese and foreign enterprises registered in China equally. It is hoped that the EU will keep the investment market open, reduce and eliminate investment barriers and discriminatory barriers, provide a fair, transparent and predictable policy environment for China enterprises to invest in Europe, and protect the legitimate rights and interests of China enterprises.

Strengthen exchanges and cooperation between China and Europe in the field of competition and jointly safeguard the market order of fair competition. China is concerned about EU laws and regulations on trade and investment, and hopes that EU legislation will conform to WTO rules, earnestly safeguard an open and fair market environment, and reduce and eliminate the doubts and worries of China enterprises. China government supports Chinese-funded enterprises in Europe to set up "European Union China Chamber of Commerce".

Promote the construction of China-EU interconnection platform, strengthen the connection between the "One Belt, One Road" initiative and the European Union’s Eurasian interconnection strategy, European investment plan, "Pan-European transportation network" and other development plans, actively play the roles of Asian Infrastructure Investment Bank, European Investment Bank, European Bank for Reconstruction and Development and China-EU Joint Investment Fund, implement project cooperation, and encourage EU member States to actively participate. Support the healthy development of China-Europe trains, promote the simplification of international railway combined transport procedures, reduce transit costs, and strengthen the safety guarantee of goods.

Make good use of China-EU transport cooperation mechanisms at all levels, and strengthen policy dialogue and technical standards docking and exchange. Support Chinese and European ports and shipping enterprises to actively participate in each other’s project construction, and promote all-round mutually beneficial cooperation between the two sides in the maritime and maritime fields. We will implement the consensus on cooperation between China and Europe in the aviation field and deepen exchanges and cooperation.

Give full play to the positive role of customs cooperation in promoting the smooth flow of trade, strengthen the guidance and coordination of cooperation through the China-EU Joint Customs Cooperation Committee, fully implement the China-EU Customs Agreement and other documents, promote cooperation in areas such as border enforcement of intellectual property rights, mutual recognition of "An Zhi trade" and "certified operators", trade statistics, combating fraud, solid waste supervision, entry-exit animal and plant quarantine, import and export commodity safety, food safety supervision, and actively study and develop cross-border e-commerce supervision and other new areas.

We will further strengthen exchanges and cooperation in the field of intellectual property rights between China and Europe, support intellectual property agencies of both sides to establish and improve a normalized communication mechanism, strengthen dialogue on the creation, application, protection, management and service of intellectual property rights, and jointly create a better intellectual property environment. Support the early conclusion of the China-EU agreement on geographical indications. China protects the intellectual property rights of foreign-funded enterprises in China, and hopes that the EU and its member States will strengthen the protection of intellectual property rights in China.

Deepen exchanges and cooperation in standards, metrology, certification, quality management supervision and safety inspection of special equipment, give full play to the role of China-EU standard information platform, discuss standardization issues of common concern, and provide timely and effective authoritative standard information for Chinese and European enterprises.

Make good use of China-EU financial dialogue, China-EU central bank working group dialogue and other mechanisms to maintain close communication on major international economic and financial issues. Support the expansion of two-way financial openness and promote cross-border connectivity of financial infrastructure. Promote inter-bank cooperation between financial institutions and enterprises, including cooperation with multilateral financial institutions. Maintain the stable development of the financial industry, deepen the exchange and dialogue on financial supervision between China and Europe, strengthen mutual recognition and trust in supervision, and actively solve the cross-border business demands of both banks.

We welcome financial institutions from EU countries to enter China’s financial market, and hope that the EU will support China’s financial institutions to apply for establishing institutions in Europe and relax the access channels for China’s policy-oriented financial institutions to conduct business in Europe. Support CEIBS to develop into a trading, risk management and asset allocation platform for offshore RMB-denominated financial products. Encourage EU countries to issue RMB bonds in China and offshore RMB bonds in major financial centers around the world. It is hoped that the EU will prudently introduce new regulations on the supervision of intermediate parent companies to safeguard the sound development of financial cooperation between the two sides.

Cooperate within the framework of G20, jointly support the status and role of G20 as the main forum for international economic cooperation, carry forward the spirit of partnership, support multilateralism, strengthen macroeconomic policy coordination, promote structural reform, promote the reform of the international financial system, promote the liberalization and facilitation of trade and investment, and build an open world economy.

Through the China-EU Joint Working Group on WTO Reform and other channels, strengthen communication on WTO reform, jointly safeguard the core values and basic principles of the WTO, safeguard the authority and effectiveness of the WTO, safeguard the development space of developing members, and promote the multilateral trading system to be more open, inclusive and transparent.

part four

Cooperation in scientific research and innovation, emerging industries and sustainable development.

Under the framework of the China-EU Science and Technology Cooperation Agreement, we will give full play to the role of the China-EU Science and Technology Cooperation Steering Committee, the Innovation Cooperation Dialogue and the joint funding mechanism for scientific research and innovation, agree on a roadmap for China-EU cooperation in scientific research and innovation, fully cooperate in frontier disciplines, basic scientific research and major social challenges, implement flagship projects in the fields of agriculture and biotechnology, environment, sustainable urbanization, ground transportation, safe and green aviation and healthy biotechnology, and expand into information and communication, intelligent manufacturing, population health and biotechnology.

Give full play to the role of China-EU space science and technology cooperation dialogue, promote cooperation in the fields of Earth observation, space technology, space science, space application, deep space exploration and manned space flight, explore the establishment of China-EU space policy cooperation dialogue mechanism, and carry out all-round docking.

Give full play to the role of China-EU industrial dialogue and consultation mechanism platform, strengthen policy communication on automobiles, ships, raw materials, small and medium-sized enterprises and industrial energy efficiency, promote the strategic docking of industrial development, support all sectors in Industry-University-Research to expand cooperation in the fields of intelligent manufacturing, green manufacturing, new energy and intelligent networked automobiles, new materials and high-tech ships, promote the construction of a docking and exchange platform for small and medium-sized enterprises in China and Europe, and stimulate the cooperation potential of small and medium-sized enterprises.

Support, exchange and cooperate with each other in the construction of "Digital China" and the construction of EU single digital market. Make good use of China-EU information technology, telecommunications and informatization dialogue, China-EU expert working group on digital economy and network security, deepen 5G cooperation, promote technical exchanges and standardization cooperation in the fields of digital economy, Internet of Things, Internet of Vehicles, industrial Internet, artificial intelligence and smart cities, carry out pilot demonstration projects, and promote pragmatic cooperation in industry. Jointly cope with the risks and challenges brought by new technologies.

It is noted that the EU General Data Protection Regulations put forward higher requirements for enterprises with digital services in Europe in terms of privacy protection, data security, trade and investment, and it is hoped that the implementation of the regulations will not affect the normal business exchanges between China and Europe. China is willing to continue to communicate with the European side on data protection, learn from each other, promote cooperation, jointly improve the level of personal information protection and protect the legitimate rights and interests of citizens.

Give full play to the role of dialogue mechanism between agriculture and rural areas, deepen cooperation in agricultural science and technology research and development, training young agricultural talents, animal health, rural development and other fields, steadily promote the development of agricultural products trade between China and Europe, and strengthen mutual support and cooperation in international organizations such as the United Nations Food and Agriculture Organization.

Make good use of the China-EU water policy dialogue mechanism and China-EU water resources exchange platform, strengthen communication and deepen cooperation around rural water supply and food security, water and urbanization, river basin management planning and water and energy security, and strengthen exchanges and experience and technology sharing in the fields of water recycling and drinking water protection.

Carry out high-level forestry policy dialogue and exchanges between China and Europe, continue to strengthen exchanges and cooperation among stakeholders such as wood production, processing and consumption, jointly explore ways and means of mutual recognition of wood legality between countries, and carry out cooperation and law enforcement exchanges on the implementation of the Convention on International Trade in Endangered Species of Wild Fauna and Flora.

We will build a "China-EU Blue Partnership", strengthen dialogue and cooperation in marine governance, blue economy, marine resources protection and sustainable utilization, marine scientific and technological innovation, polar affairs and fishery-related fields, implement pragmatic cooperation projects, and strengthen communication and coordination in the negotiation of international agreements related to the sea.

Give full play to the role of China-EU energy dialogue mechanism, actively implement the road map of China-EU energy cooperation, conduct energy policy dialogue and exchanges, and conduct in-depth cooperation in energy systems, energy efficiency, clean energy and other fields, including building power markets, improving power infrastructure, establishing a safe and efficient natural gas market, and improving the consumption of renewable energy, so as to promote energy security for both sides.

We will further promote all-round and high-level cooperation in the peaceful use of nuclear energy, and continue to strengthen substantive cooperation in nuclear fission, nuclear fusion, nuclear security, nuclear safeguards, nuclear non-proliferation, nuclear technology research and development, and non-power applications of nuclear technology in medical health, environmental protection, food safety, industrial processing, and public safety.

Give full play to the mechanism of the China-EU Dialogue of Ministers of Environmental Policy, explore the establishment of a green development partnership, strengthen policy exchanges and cooperation in the fields of pollution prevention, environmental governance, biodiversity protection and green growth, and encourage enterprises of both sides to carry out cooperative research and development and business cooperation in the field of ecological environmental protection. Maintain communication and coordination on major global environmental issues and implement international environmental conventions.

Strengthen policy dialogue and pragmatic cooperation in climate change-related fields between China and Europe, strengthen cooperation in carbon emissions trading and exchanges and cooperation between the two sides in dealing with climate change and low-carbon development at the city level. Adhere to the principles and provisions of the United Nations Framework Convention on Climate Change, work together to promote the follow-up negotiations and effective implementation of the Paris Agreement, actively build and improve the global climate governance system, and jointly promote green, low-carbon and sustainable development.

Guided by the Memorandum of Understanding on Circular Economy Cooperation between China and Europe, we will strengthen cooperation in the field of circular economy and strengthen exchanges in the management system and policy tools of circular economy, investment and financing, and policy research.

Implement the Joint Declaration on China-EU Urbanization Partnership and promote the in-depth development of the partnership. Strengthen regional policy dialogue and cooperation between China and Europe, deepen regional cooperation, and support policy exchanges and cooperation related to the development of urban agglomerations, metropolitan areas and small and medium-sized cities. Deepen pragmatic cooperation between local provinces and cities in China and Europe, between cities and parks, and between cities and enterprises. We welcome all walks of life in Europe to actively participate in the construction of Beijing-Tianjin-Hebei integration, Yangtze River Economic Belt, Guangdong-Hong Kong-Macao Greater Bay Area, xiong’an new area and Hainan Pilot Free Trade Zones and Free Trade Ports.

Jointly implement the 2030 Agenda for Sustainable Development, respect their respective national conditions and development paths, promote economic, social and environmental development in a balanced way, give priority to people’s livelihood undertakings such as poverty reduction, education and health, adhere to the principle of "common but differentiated responsibilities", improve global development partnership, and achieve common development and prosperity.

The fifth part

Cooperation in social and humanities fields

Give full play to the coordinating role of the China-EU high-level people-to-people exchange and dialogue mechanism, and constantly explore new areas, new models and new methods of exchange and cooperation. Encourage the facilitation of personnel exchanges between China and Europe, and actively promote the realization of the second phase of the road map for dialogue between China and Europe in the field of personnel exchanges and immigration.

China-EU dialogue on employment and social security policies. Under the framework of China-EU Memorandum of Understanding on Dialogue and Cooperation in Employment and Social Affairs, we will strengthen and improve the high-level dialogue platform in the field of human resources and social security between China and Europe. Continue to carry out technical cooperation projects in the field of social security in China and Europe, promote social security and social solidarity, promote higher quality and full employment, narrow income gap, promote social integration, ensure occupational safety and health, promote decent work, meet challenges including youth employment, aging, migration and population mobility, and promote exchanges and cooperation in social welfare, social assistance, social affairs, social work and community governance.

Strengthen the dialogue and exchange of health policies between China and Europe, and carry out pragmatic cooperation in the fields of health promotion, antimicrobial resistance and medical informatization to jointly promote food safety. We will continue the China-EU dialogue on production safety and promote cooperation in emergency management, earthquake science and technology, disaster reduction and relief, and production safety.

Continue to expand the scale of exchanges between students and scholars between China and Europe, strengthen the communication and exchange of education policies between China and Europe, and explore the docking of quality standards between higher education and vocational education. Give play to the role of China-EU education policy dialogue, China-EU higher education exchange and cooperation platform, China-EU university presidents forum and other platforms to promote exchanges and cooperation in educational think tanks. Encourage Chinese and European universities to carry out high-quality cooperative education.

Jointly protect and promote cultural diversity, strengthen China-EU cultural policy dialogue, enhance the level of cultural industry cooperation, promote the establishment of long-term and stable cooperative relations between important cultural institutions of each other, and support the cultural exchanges and cooperation between Chinese and European cities with their own characteristics. Promote the establishment of cultural centers between China and EU member states. On the basis of the successful holding of "China-EU Tourism Year" in 2018, we will further develop the tourism markets of both sides and promote cooperation in the tourism industry.

Strengthen sports exchanges and cooperation between China and EU countries, and encourage each other to participate in sports competitions and international conferences organized by the other side. Take the Beijing 2022 Winter Olympics as an opportunity to expand cooperation in ice and snow sports between China and Europe.

Encourage China-EU news media to carry out various forms of cooperation, welcome EU media to join the "Belt and Road" news cooperation alliance, expand China-EU cooperation in the field of news publishing, promote industry exchanges between radio and television institutions, and support film and television co-production, book translation and joint interviews. Advocate journalists to abide by professional ethics, and oppose and crack down on fake news and illegal online content. China will continue to provide convenience for journalists from EU countries in China according to laws and regulations, and hopes that the EU will play an active role in promoting the objective, fair and accurate coverage of China by the media of EU countries.

Make good use of the China-EU legal affairs dialogue platform, carry out policy exchanges and mutual learning and cooperation in the legal field, better understand their respective legal systems and promote China-EU cooperation.

Continue to carry out constructive exchanges on human rights issues on the basis of equality and mutual respect, and play a positive role in promoting the development of China-EU relations and promoting the common progress of China-EU human rights. The European side should treat the human rights situation in China objectively and fairly, and should not interfere in China’s internal affairs and judicial sovereignty in the name of human rights.

Encourage China-EU think tanks to strengthen exchanges of ideas, play an active and constructive role in promoting mutual understanding and objective understanding between the two peoples, and make suggestions and suggestions for the development of China-EU relations. China welcomes non-governmental organizations from all countries, including EU countries, to carry out activities in China according to law, supports them to play a positive role in their friendly exchanges with China, and will continue to provide necessary facilities and services.

We will build a wide-ranging and multi-level China-EU youth exchange network, and continue to hold China-EU youth policy dialogues, youth seminars, and special exchanges between China-EU youth organizations.

It is hoped that the European side will effectively protect the safety and legitimate rights and interests of China citizens in Europe. Encourage overseas Chinese in Europe to integrate into the local society, actively play the role of a bridge, and contribute to enhancing mutual understanding and promoting China-EU cooperation.

Support the Economic and Social Council of China to continue to run the China-EU Roundtable with the Economic and Social Commission of the European Union, support the cooperation between Chinese and European NGOs in accordance with laws and regulations, and play an active role in promoting civil dialogue and exchanges between China and Europe.

Nicholas Tse self-shaved head (picture)


Nicholas Tse


　　　　"October Siege" has been on for half a month. Nicholas Tse arrived in the crew yesterday, not only shaved his head, but also completed "disfigurement" under the supervision of director Chen Desen.


　　　　After sitting down in the dressing room, Nicholas Tse began to shave his head. Although he was told that it was likely to scratch his scalp, he still went his own way, "This is my first time shaving my head, please let me do it myself".


　　　　Unlike his previous role as a handsome young man, Nicholas Tse was brutally "disfigured" in the film, with "scarred eyes" and "wind ears" in the form of a coachman, completely subverting the image of a handsome man.


　



Nicholas Tse

How to join Meituan delivery staff, how to join the delivery staff [detailed explanation]

　　Meituan takeaway is currently one of the most popular takeaway platforms. In order to meet the needs of takeaway delivery, it can be said that there is a great need for takeaway staff to join. Many small partners also take a fancy to its relatively free working state. The following editor will bring you the application method of Meituan rider.

　　How to apply for a rider:

　　1. First, you need to download Meituan’s corresponding delivery software "Meituan Crowdsourcing" or "Meituan Rider". Here, the editor takes "Meituan Crowdsourcing" as an example.

　　2. After the installation is completed, complete the registration verification with the mobile phone and verify the login.

　　3. After completing the novice guidance, turn on the GPS, otherwise the order cannot be accepted.

　　4. Complete real-name authentication and upload personal information.

　　5. Successfully upload your personal information and wait for the review of the official website. After the identity verification is successful, you can receive orders normally. If you choose Meituan rider, you also need to enter the city and region where you work. After the personal information is successfully submitted, you will generally receive a notification call for the interview within three working days, go to the interview, and bring your original and photocopy of your ID card during the interview. Just pass the interview, generally you need to know whether the personal information is true and the working hours and other basic information.

　　6. To become a good rider, there are some points that must be taken into account:

　　① Routes must be familiar with: Try to choose a route that you are more familiar with, and you must be familiar with the congestion situation of various paths, communities, and road sections. Orders that are too unfamiliar are best avoided, otherwise it will be very difficult to arrive on time.

　　② Maintain a good attitude: Whether it is for merchants or users, a friendly attitude towards picking up and delivering meals is worthy of recognition, and it can also bring you five-star praise. Why not do it?

　　③ Orderliness of receiving orders: When the delivery staff is delivering food, they often receive several orders at the same time. At this time, you have to consider the order of the orders. Where to pick up the food first, where to send it, whether it is on the way, and the waiting time of users will all determine your work efficiency.

　　The above is the Meituan takeaway staff joining method brought by the editor for you. At present, the takeaway industry is still relatively optimistic, and interested friends can learn about it.

Amy made a perfect curtain call. Game of Thrones and Vice President became winners.

　 　 1905 movie network news The 67th American TV Emmy Awards were announced at the Microsoft Theater in Los Angeles this morning, Beijing time. Hosted by Andy Samberg, the star of "Detective Bewilder", the award ceremony opened happily. This year’s Emmy Award won three awards: Best Drama, Director and Screenplay, while jon hamm, the male actor, finally ended his seven-year running with him and was honored as Emperor. Viola davis won the Best Actress in Drama. In comedy, it broke the myth of Lian Zhuang and won the best drama series. At the same time, it also included four important awards: best actress, best male actor and best screenwriter. Comedy upstart won the best actor and best director awards in comedy category.

　 　 In the limited drama (original "mini drama")/TV movie, he won the best TV movie award by winning six awards, including the best limited drama.

[Drama] "Game of Thrones" won three awards. Joe Hamm ended his seven years of running with him.

　 　 This year’s Amy is not as strong as last year’s, but the competition is still very fierce. "Game of Thrones" was attacked by the dark horse and other popular dramas, and finally won Amy’s favor, winning the three awards of best drama, director and screenwriter. After being nominated for the fifth time in a row, "Little Devil" Peter Dinklage won the best supporting actor award for the second time. It seems that the death of "Jiong Nuo" in the fifth season is not a serious injury, but the best bargaining chip for its Emmy award this year.

　 　 Mad Men, which had never won a performance award before, finally won a sigh of relief for the best male actor. jon hamm ended his seven-year running with him and won the title of Emperor at the end of the season, which was the best curtain call for the era drama Mad Men. This year’s new drama made viola davis get the first Emmy nomination in her life, and finally won the best actress in drama, becoming the first African-American best actress in Emmy history. Taraji P hansen, the heroine of Hip-Hop Empire who keeps pace with her, regretted losing the election.

　 　 Last year, uzo aduba, who won the best guest actress in comedy, was once again recognized for her slightly neurotic performance in the drama and won the best supporting actress in drama.　

[Comedy] Modern Family ended the best comedy throne of Lian Zhuang myth "Vice President"

　 　 In this year’s comedy competition, surprise gift, Modern Family finally fell out of favor with the academy, and the Lian Zhuang record was broken. Instead, Vice President won the best comedy series. Julia Louis Dreyfus, the star of "Vice President", won the Best Actress in Emmy Comedy for the fourth time. In addition, the play won four awards, including Best Screenplay and Best Actor, which made it a big winner in this comedy category. However, my poehler in the movie finally passed Amy and ended her trip to Amy.　

　 　 The transparent family, which focuses on "transgender" hot topics, has become the upstart comedy this year. Everyone’s beloved "Sheldon" didn’t make the shortlist for this year’s Emmy, and it was almost universally expected that Jeffrey Tambor won this year’s Emmy comedy. Previously, Jeffrey was nominated by Emmy for six times, but he didn’t win any prizes. This time, in Transparent Family, he portrayed the image of a transgendered father vividly. The play also won the best director in comedy.

　 　 Allison janney won the Best Supporting Actress in a Comedy Series. This year, she played steadily in "The Best Mom", and she had already been nominated for the Golden Globe Award as a female companion, and also won the TV Critics’ Choice Award. There is no suspense for Jenny to win this award.

[Limited drama/TV movie category] olive kitteridge won six important awards.

　 　 This year’s limited drama competition is particularly fierce, and "olive kitteridge" reflect the current hot issues in American society. However, it is obvious that Olive kittredge’s description of ordinary people’s lives is more appetizing for Emmy Awards, and it won six awards in one fell swoop: Best Limited Drama, Best Director, Best Screenplay, Best Male Actor, Best Female Actor and Best Male Supporting. Telling the legendary life of a female blues singer won the best TV movie award.

　 　 David oyelowo lost to olive kitteridge richard jenkins.　, missed the best actor in the limited drama. There seems to be no doubt that the award for defining the best actress belongs to Frances McDormand, and her vitriolic female image in the play is impressive. And bill murray won the best male match with his consummate acting skills.

　 　 Although there are three actors bring up the rear from "American Fear", among them, sarah paulson, the "Banana Sister", has a very high voice, but regina king broke through the tight encirclement with "American Serious Crime" and won the best supporting actress in a limited drama/TV movie category, and finally "American Fear" returned empty-handed at this year’s Emmy Awards.

award prize winner Drama awards Best drama series best actor

Jon Hamm

best actress Viola Davis Best Supporting Actor

Peter Dinklage　

Best supporting actress Uzo Aduba Best guest actor Reg e. cass　 Best guest actress Margo Martindale best director

David Nutter

The best playwright David Benioff　 Comedy awards Best drama series best actor Jeffrey Tambor　 best actress

Julia Louis-Dreyfus

Best Supporting Actor Tony Hale　 Best supporting actress Allison Janney Best guest actor Bradley whitford Best guest actress Joan cusack’s Shameless Family best director Jill Soloway　 The best playwright Armando Iannucci Limited drama/TV movie/drama special program award Best limited drama Best TV movie best actor

Richard Jenkins

best actress Frances McDormand　 Best Supporting Actor

Bill Murray

Best supporting actress

Regina King

best director

Lisa crowden　

bestplaywright

Jean Anderson

Reality show awards　 Best competition reality show Best organized reality show Winner of ingenuity Best unorganized reality show Deadly hunting Best host Jane Lynch Variety awards　 Best variety talk show Best sketch variety show best director Chuck O’Neil　 The best playwright Elliott Kalan

Chasing food documentaries is becoming a way of life.

　

　　Recently, the second season of "Flavor World" and the broadcast of "Looking for Dongguan" have once again teased the taste buds of diners and aroused people’s imagination of food. The second season of "Flavor World" starts from a global perspective, and explores the inextricable connection of cuisines around the world and presents the fresh taste of cuisines around the world. "Looking for Dongguan" is based on the authentic food flavor of Dongguan, showing the local food style from three angles: adapting to the weather, relying on mountains and rivers, and migrating and blending. It outlines the local fresh people and things with food, and then reveals the original appearance of Guangdong food culture, showing the historical change and time-space collision behind the flavor circulation.

　　Under the mode of creating and broadcasting "internet plus Documentary", food has become an important theme. Documentaries such as "Flavor World" and "Everything Nourishes" have become "traffic", "online celebrity" and "explosion" with the help of the power of the Internet, realizing brand marketing and genre creation. By means of defamiliarization, daily aesthetics and drama, these documentaries have re-endowed the life style and cultural heritage at the image level, transformed the daily life of ordinary people into an important cultural phenomenon in China society, and promoted cultural inheritance and innovative development by means of contemporary Internet platforms and audio-visual media.

　　The production mode of "high concept" and the audio-visual presentation of "film texture" are surpassing the domestic food documentary.

　　In recent years, several major Internet video platforms have successively launched documentaries on food themes. Popular topics, unique perspectives, and escalating audio-visual means ignite the public’s enthusiasm for watching, and almost every food documentary will become a hot topic. This successful documentary type provides inspiration and experience for us to think and explore how to develop the quality construction of audio-visual works.

　　Judging from these successful experiences, high-quality products include the continuous innovation of audio-visual technology and concepts, the shaping and promotion of cultural product brands, and the mainstream and sharing of value systems. Take "Flavor Room" as an example, the total broadcast volume of "Flavor Room" in Tencent video in the first two seasons alone is close to 2 billion yuan. In addition, Tencent launched the urban food documentary "Looking for Dongguan" immediately after the end of the second season of "Flavor World", and used the lens to show the audience the migration of Dongguan people and the changes and changes on their dining tables. Other Internet video platforms, such as bilibili, have also started a series of work non-stop after the successful broadcast of A Life Series in the first season.

　　In addition to the continuous development of food content, these documentaries draw lessons from the production mode of "high concept" and pursue the audio-visual level of "film texture". Close-ups with shallow depth of field and aerial photography with special perspectives reflect the pursuit of spectacle effect in Internet documentaries. These comparable film quality and carefully selected shooting themes together constitute spectacle viewing effect, which has become an important driving force for documentary films to improve quality and market performance in recent years.

　　For example, the first paragraph of the first season of "Flavor Man" shows the life and diet of nomadic people in Kuerte, Xinjiang. The film shows in detail the process of freezing and growing ice crystals in horse intestines after the sudden drop of temperature at night in winter. In "Looking for Dongguan", the footage of fishermen fishing at night and people drying raked radishes changed from near to far with the shooting environment at that time, which instantly raised the details of daily life to a higher perspective and brought a powerful shocking effect to the ordinary food life.

　　This special shooting technique, which is specially designed according to the ingredients and production process, widely exists in most story paragraphs of this series of documentaries, and has become a new visual technology benchmark for food documentaries and a typical element used to represent audio-visual quality and viewing experience during publicity and promotion. It can be said that the level of serialization and spectacle of China’s food documentaries is approaching or even surpassing that of overseas TV stations, and other mature documentaries have become the benchmark of film and television quality creation.

　　It not only has cross-cultural penetration, but also is an important support for the inheritance and development of Chinese civilization in the contemporary era.

　　Food is not only a big IP of current Internet documentaries, but also an important symbol of China traditional culture. Long before the popularity of food documentaries, Chinese restaurants have opened all over the world and become the first window for many foreigners to know about China. With the audio-visual media becoming the most popular form of mass communication in the world, it has become a global phenomenon to understand China culture through audio-visual and food practice. Flavor Origin is the first documentary of China team that landed in Netflix, and a series of short videos on food topics released by online celebrity Liziqi on overseas platforms have also promoted the cross-cultural communication of China culture.

　　Popular food documentaries not only introduce China’s diet with spectacular images and dramatic stories, but also use diet as a means to explore the world outlook, values and choices of lifestyle and interpersonal relationships belonging to China culture in a way that can be understood by contemporary and even world audiences. From the perspective of dietary anthropology, many cultural groups attach their unique feelings and concepts to the daily behavior of diet; Things not only define the social identity of individuals, but also convey a lot of information such as cultural habits and lifestyles. After the broadcast of China on the Tip of the Tongue, the popularity of "Tongue Tip" in social short videos and a large number of social discussions around food documentaries have proved that such documentaries have profoundly influenced the public’s imagination about their own culture, and even shaped and strengthened their shared life experiences and shared cultural patterns.

　　In these audio-visual narratives about food culture, two kinds of cultural concepts have been loved by audiences at home and abroad. First of all, the traditional culture of China attaches importance to family affection, and the family has become an individual’s safe haven and gas station. This is not only the success of food documentaries that can constantly stir the heartstrings of China audiences, but also makes foreign audiences, especially those in Southeast Asia, feel familiar and close. Secondly, the familiarity and respect for everything in the world embodied in the food culture conveys the harmonious relationship between individuals and the world, and renders the connection between people and plants and mountains and rivers. These cultural elements and value systems not only have cross-cultural penetration, but also can be accepted by modern life, which is an important support for the inheritance and development of ancient China civilization in the contemporary era.

Documentary scenes and scenes full of life texture bring ordinary people’s daily life to the foreground.

　　Another noteworthy feature of food documentary is that it is one of the few audio-visual works that insists on telling the daily stories of ordinary people. Although there are many international chefs and elites in the film, ordinary people are undoubtedly the main body in this kind of documentary, and their lives are often the most concerned and appreciated part of the audience. It has realized the people-centered creative requirements in the current field of literature and art in a quiet way, so that the daily struggle of ordinary people has gained its due position in the presentation of mass media.

　　In the cultural category of "elegance and vulgarity" or "high and low", food is a typical popular culture that comes from the daily life of ordinary people and is based on oral instruction. In the documentary scene, Internet documentaries restore food to the daily meals of every ordinary family, paying attention to seasonal ingredients, regional natural ecology, and family concepts and kinship behind food processing and enjoyment, and activating the inherent beliefs of ordinary people about daily life such as "eating at home", "the taste of mom" and "the most common and delicious". In particular, films such as A String of Life, Breakfast in China and Wondering about Dongguan have opened up another "technical route" that highlights the "fireworks" in addition to the image style of wonders, accommodating more documentary scenes, daily dialogues and even seemingly unrelated chats, which are full of life texture.

　　Ordinary people coming to the front of the film not only vividly show how China people extend their historical traditions to their present lives, but also help other cultural groups to overcome obstacles and barriers and get to know the real China people and China culture in the context of contemporary life. Compared with movie stars and development achievements, the ordinary life of ordinary members of society also has the value of cross-cultural sharing; A meal, rice, oil and salt can often stimulate the understanding of life under different appearances, bringing true mutual understanding and beauty.

　　(Author: Jun-jian Liang, Associate Professor, School of Journalism and Communication, Tsinghua University)

The internal competition pattern of China table tennis team has changed： strong male table tennis enemies surround women table tennis opponents.

In 2022, the China table tennis team spent the first full season of the Paris Olympic cycle, won many laurels including the team world table tennis championships, and still stood at the top of the world table tennis world with the momentum of breaking bamboo. However, although the "teacher of the king" has made outstanding achievements, it is an indisputable fact that strong enemies are surrounded, especially the men’s table tennis crisis. While Xu Xin and Liu Shiwen, two veterans, are gradually fading out, the internal competition pattern of table tennis is also changing quietly.
The third man of the men’s team surfaced.
Wang Chuqin is the player who shines in table tennis this season. In the six high-level events that the main team played, the 22-year-old Beijing team won the singles four times.
After winning the first men’s singles championship in international competitions in 2019, Wang Chuqin once encountered a bottleneck in singles events. This season, he broke through himself, winning the WTT (World Table Tennis Professional League) Macau Competition at the beginning of the year, and winning the WTT Budapest Star Challenge in July. After helping the team dominate the Chengdu Team World Table Tennis Championships by "full attendance" in the knockout round, Wang Chuqin "sublimated" from technique and tactics to ideology, and then won the WTT Macau Championship and WTT World Cup again, and the world ranking rose to the third highest in his career.
Although there was no gain in the subsequent national championships and the Asian Cup in Bangkok, there is no doubt that Wang Chu Qin has made a leap this season and has gradually secured the position of the "third man" in men’s table tennis. In the singles competition, he defeated Fan Zhendong, Xu Xin, Lin Gaoyuan and many other major opponents of foreign associations throughout the year, and scored 3 wins and 1 loss against Malone. As a left-handed player, the former World Table Tennis Championship men’s doubles champion also won three mixed doubles championships and one men’s doubles championship with different players. If it can make a difference in next year’s individual World Table Tennis Championships, there should be no doubt that it will be included in the Paris Olympic lineup.
In addition to Wang Chuqin, two other non-Olympic champions in the main team of the men’s team, who are both "Mesozoic", have also won many foreign competition opportunities this season, but their performance is inferior. They not only won less than the main team of table tennis, but also lost foreign wars several times. Among them, Liang Jingkun, who will be 26 years old, once ranked third in the world, but only one WTT routine challenge singles champion was recorded, and he was banned by the Chinese Table Tennis Association at the end of the season for misconduct.
The 27-year-old Lin Gaoyuan continued the "champion shortage" for more than three years. After losing to his teammates twice at the beginning of the year and winning the runner-up, he wasted six match points in the final of WTT Budapest Championship in July, failing to seize the opportunity of meritorious service when his teammates were defeated. Although she won 2 gold medals and 2 silver medals at the end of the season, and narrowly won the men’s team final against Fan Zhendong by 17-15, she still failed to show convincing performance in the international arena.
The performance of the two main players of "Long Pang" this season is remarkable. Although veteran Malone only won a runner-up, he also lost only one off-court battle. Fan Zhendong, the world’s No.1, won one championship and one Asian in the absence of the European Summer Series, but it was defeated by both Chinese and foreign strong players.
In terms of opponents, compared with the Tokyo Olympic cycle, there are more rising stars in the Eurasian team in the new cycle, and the China men’s table tennis team, which has been hit hard in the international arena, is facing greater challenges. In almost every high-level competition, the China men’s team has lost the main foreign war. In the two WTT high-level events held in Budapest in July, Guoping was "delayed" by the men’s team. Among them, Korean men’s doubles "new and old combination" Zhao Dacheng/Li Shangzhu, Lian Ke, Wang Chuqin/Malone, Liang Jingkun/Lin Gaoyuan won the Star Challenge. In the subsequent singles championship, China men’s table tennis four without Fan Zhendong were all eliminated by foreign association players, which sounded the alarm for preparing for the Olympic Games.
Healthy competition of four "golden flowers" for women’s teams
Compared with the men’s team, the performance of China women’s table tennis in the world is still strong, and its "Jianghu status" is impregnable. Not only that, with the birth of Wang Yidi, healthy competition has also formed within the women’s team, and four "golden flowers" compete with each other and promote each other.
The 25-year-old Wang Yidi has a strong upward trend in the new cycle, and broke into the semi-finals in the World Championships last year. This season, she has won many successes in high-level events and impacted the "three main players", which proves that it is no accident that she ranks among the top four in the World Championships with stable performance. In March’s WTT Grand Slam and October’s World Cup, she reached the semi-finals. In July’s WTT European Summer Series, Sun Yingsha was a "double kill", winning 1 crown and 1 Asian. In the two events at the end of the season, Wang Yidi first won the women’s team and the women’s singles in the all-round championship, among which she narrowly beat Manyu Wang to reach the top for the first time in the singles final, and then reversed Ito Meicheng’s first seal in the Asian Cup. Next year’s individual World Championships will be the "outpost" of the Paris Olympic Games. If this season’s momentum can be continued, Wang Yidi’s impact on the Olympic lineup is by no means empty talk.
However, judging from the lineup of this year’s World Table Tennis Championships, the position of the "trio" who won the team championship of the Tokyo Olympic Games for women’s table tennis has not wavered for the time being. As a "big sister", Chen Meng, 28, has made it clear that her sword refers to Paris. This year, she won 1 crown and 1 Asian in the international arena, and her performance is still stable. The two "new generations" won two championships and one Asian respectively. Among them, Sun Yingsha won two championships in the "China season" in October, and continued her unbeaten performance in foreign wars. Manyu Wang, the champion of the World Table Tennis Championships, topped the WTT Macau Tournament in January and the Budapest Championship in July, and won the mixed doubles champion and runner-up in the women’s singles in the all-round championship, with a stable record throughout the year.
Chen Xingtong, the same age as Wang Yidi and selected for the team World Table Tennis Championships, has not yet withdrawn from the competition, but his position has become marginal. Its performance in the competition fluctuated and did not pose a threat to the four main players.
Looking around the world, China women’s table tennis, with fierce internal competition, is strong, even stronger in the new cycle, not only rarely losing foreign wars, but also winning the championship, runner-up and even the semi-finals. At the World Table Tennis Championships in Chengdu in October, China defended its title by crushing its opponents, without losing a set in eight games, only losing two sets. In the ——WTT Macau Championship, the only high-level event with frequent "accidents", Manyu Wang and Chen Meng lost to European players in the first two rounds, but Chen Xingtong and Sun Yingsha still joined forces in the final, which fully reflected the strength and thickness, and also made major rivals such as Ito Meicheng feel the despair of "pressing the gourd to float the ladle".
In addition, Manyu Wang and Sun Yingsha’s women’s doubles team beat Miki Ito/Hayata Hina in the final of high-level events twice this year after last year’s World Championships, almost beating their opponents over. Both singles and doubles have a "fault" strength advantage, so it is difficult for China women’s table tennis to defend its title in the Paris Olympic Games.
Reporter Wang Xiaoxiao
(Source: Beijing Daily)
Reporting/feedback

American scholars have found that Chinese culture contains five ways to govern the country.

Source: China Daily China Watch Think Tank

Introduction: From ancient times to the present, Chinese civilization has learned from others and nurtured excellent values that transcend history and keep pace with the times. Chinese culture pays attention to ideological integration, self-governance, inheritance and reference, seeking truth from facts, beauty and beauty, and integrates these elements into the way of governing the country. The rise of China will not pose a threat to other countries. On the contrary, it will promote broader security, promote greater development and help all mankind create a better future.

Author: Joseph Gregory Mahoney

(Josef Gregory Mahoney)

Executive Director, International Center for Political Studies, East China Normal University

Deputy Editor-in-Chief of China Journal of Political Science.

No civilization or culture in the world can draw nutrition from its own history completely; None of them can make progress completely according to their own ideas; No one can fully release the creative potential of the whole society and achieve complete social justice.

Marxist view of history holds that progress is achieved by actively solving contradictions. Resolving conflicts can produce the result of promoting progress, and to achieve social progress, we must first promote human liberation and social justice. However, social progress does not mean that the past history can be erased or forgotten; On the contrary, there are some ancient values that can transcend history. In China, the concepts of "harmony" and "great harmony" are such values, which are essentially interlinked with the concepts of modern socialism and communism. Driven by the concept of good governance, these traditional Chinese civilizations and cultural values are also advancing with the times.

One of the ways of the continuous development of these values is mutual integration, which has long been a feature of China’s traditional thought and Marxism’s China-learning from each other’s strengths and adapting to changes. To some extent, this explains why China’s Marxism not only emphasizes Confucian concepts such as "well-off", but also advocates the Taoist principle of harmonious coexistence between man and nature, and even opens the door to all outstanding achievements of western civilization and other civilizations in the past and present.

Image source: China Daily

From this, we can sum up five key experiences related to governance in the history of China.

The first lesson: ideological integration

China is the first country in the world to create a similar modern national model, which started in the Qin Dynasty and accelerated to maturity in the Han Dynasty. During the Han Dynasty, China integrated the legalist thoughts of the Qin Dynasty with Confucianism, and established a professional national system. The most important thing was to attach importance to good governance and the rule of law. These achievements predate other civilizations and countries by hundreds or even thousands of years. In short, whether as a civilization or as a national system, China has created a national culture to protect itself from disputes over the excessive expansion of the empire.

The second experience: self-governance

Mind your own business, or you risk being ruled by others. In this regard, it is an eternal theme to establish a self-governance system, constantly promote self-improvement, and even carry out radical self-revolution when necessary, but it is often a difficult problem. It is unwise to try to rule others, it will only erode your self-governance ability, thus endangering your own sovereignty and security.

Indeed, throughout the history of imperialism, have we not seen such lessons again and again? Moreover, we can draw another conclusion from the history of imperialist development: aggression and conquest of others often rely on technological innovation, such as a new weapon or new tactics, rather than China’s emphasis on governance innovation since ancient times. For example, Alexander the Great, the ancient Macedonian king, relied on his father Philip II’s powerful military power to March eastward to India, but he could not rule and control all the territories he conquered.

At a more fundamental level, why are imperialist countries, whether it is the ancient Roman Empire, modern Britain or modern America, ultimately doomed to decline? The answer is: on the one hand, they have never mastered the art of self-governance-they can’t even manage themselves well, let alone others. On the other hand, their motivation to control, exploit and even plunder others is often to make up for the defects of domestic self-governance and externalize their internal failures to others. For example, the concept of protecting private property rights is deified. However, in the "zero-sum" game environment, it is this "golden rule" that leads to the fundamental inequality between people becoming the norm.

Image source: Xinhua News Agency

The third experience: inheritance and reference.

We must learn from our own history and culture, otherwise we may lose ourselves completely. As Okakura Tenjin, a Japanese art critic and author of The Book of Tea, warned, since the Meiji Restoration in the late 19th century, Japan has hastily embarked on the road of total westernization. At the same time of comprehensive modernization and transformation, it has almost completely abandoned its traditional values and culture, leaving only a superficial thing.

Countries should base their own development on their own culture and values, otherwise they may, like Japan, first repeat the mistakes of western imperialist countries’ history of expansion and aggression, and then, when a new era comes, they will be unable to carry out reforms to meet new needs and fall into the middle-income trap and security trap again.

In addition, many problems in today’s era, such as climate change, pandemic of new infectious diseases and other increasingly severe survival risks, are caused by some wrong values and behaviors. If they are not screened, some countries may easily get caught up in them. Or they may wander around for decades in the post-colonial era, unable to express their true identity or build a truly effective governance system for themselves, because they don’t really know who they are and where they come from, and they are still vulnerable to more powerful external forces, including former colonists. They will cultivate a sense of insecurity in these countries and use this sense of insecurity to achieve the goal of continuing to control them.

At the same time, countries must learn from others and share what they have learned. China learned a lot from Marxism, Leninism and the so-called Fordism, and benefited a lot from the Enlightenment, the industrial revolution and even the development history of the global capitalist economy. But the most important thing is to treat these past experiences and lessons with a rational and dialectical attitude, put them in an appropriate position and background, and take the essence and discard the dross.

Image source: China Daily

Article 4 Experience: Seeking truth from facts

No matter what role culture and values can play in an ideal state, no matter what lessons we learn from the past, the Chinese governance model has a law that transcends history: everything must start from the material foundation. Material determines consciousness and foundation determines architecture, which is an important principle of Marxism and the first lesson I learned when I came to work in China in 2010. What you see, hear, say and do should be consistent with the actual situation. In this regard, the development and progress of China’s governance model, both domestically and internationally, both in the past and now, have confirmed the correctness of this sentence.

Article 5 Experience: Beauty and Beauty Together

A rising and well-governed China is not a threat to other countries, but the opposite. The stronger and more efficient China becomes, the more it can reflect on its own historical experience, the more it can understand its own limitations, the more it can embody the deep-rooted cultural value of good governance, and the more it can treat other countries cautiously and support their progress as much as possible, because only in this way can it ensure wider security and greater development and create a common future for all mankind. In the past ten years, we have seen such a trend in the rapid development of the "the belt and road initiative" initiative, which is the only logical way forward for a country like China that emphasizes good governance.

Image source: China Daily

Without Li Jiaqi and Viya, which beauty brands are better off？

Reporter | Chen Qirui

Editor | Lou Qinqin

Not all beauty brands rely on head anchors.

On July 13th, the local beauty brand Polaiya said at the investor exchange meeting that in 2021, the head anchor delivery accounted for a small single digit in the total sales of product live broadcast. On Tik Tok, nearly 60% of Polaiya’s live broadcast activities are self-broadcast by the brand. At present, Polaiya mainly broadcasts live on Tmall, Tik Tok and JD.COM platforms.

During the "6.18" period in 2022, Polaiya ranked fifth in the Tmall beauty sales list; Its make-up brand Caitang ranks ninth in Tmall’s make-up sales list. In the future, Polaiya will continue to broadcast live, and this year, it will open a second official account in Tik Tok, mainly to promote popular items such as the essence of double antibodies.

According to the report of Qingyan, the information media in the beauty industry, Lin Qingxuan’s self-broadcast accounted for 60% during the "6.18" period in 2022, and the master anchor accounted for 40%. Shanghai jahwa Group, which owns brands such as herborist and Yuze, started the construction of the live broadcast center in December 2021, saying that 70% of the self-broadcast content will be completed by the internal team in 2021, and the store self-broadcast GMV will increase by more than 300% year-on-year.

According to the research report of CITIC Securities, in 2021, Li Jiaqi and Viya will account for about 10% of the live broadcast sales of Polaiya. Li Jiaqi and Viya accounted for about 25% of the live broadcast sales in shanghai jahwa, mainly in Yuze and herborist. According to the report, most A-share cosmetics listed companies are not highly dependent on the head anchor.

With the rise of anchors such as Li Jiaqi and Viya, live broadcast has become an important channel for beauty brands to promote online sales growth.

In this process, the head anchor promoted the sales growth of high-end overseas brands such as Lancome and Estee Lauder, and also made new domestic brands such as Perfect Diary and Flower Xizi come out of the circle, while local brands such as Polaiya and Yuze, which have been established for many years, also made a second spring through live broadcast.

However, the problem that some brands rely too much on the head anchor soon appears. The head anchor has a stronger voice, and the pit fee is more expensive. Beauty brands entering the live broadcast room of the head anchor sometimes lose money and earn traffic. Previously, the dispute between Li Jiaqi and L ‘Oré al also showed that the head anchor’s price requirements risked disrupting the brand price order.

Recently, after anchors such as Li Jiaqi and Viya stopped broadcasting one after another, some brands also realized that over-reliance on head anchors would increase the uncertainty of development. During "June 18th" in 2022, Li Jiaqi suddenly stopped broadcasting, which once caused a large inventory backlog of brands.

In fact, some beauty brands have already begun to reduce their investment in the head anchor, mainly by adding more stores to broadcast themselves. As early as the early outbreak of the epidemic in 2020, some beauty brands such as Lancome began to gradually increase their investment in self-broadcasting in order to reduce the losses caused by the closure of stores.

With the rise of short video platforms such as Tik Tok and Aauto Quicker, beauty brands have gradually extended their self-broadcasting channels from Taobao. In addition to beauty brands, the practice of self-broadcasting is also used by shopping malls such as Yintai, and counter clerks can broadcast live in shopping malls after training. Yintai’s self-broadcasting in shopping malls has established its own system.

Since the previously popular head anchor has gradually faded out, whether it is willing or not, it has become an inevitable trend for beauty brands to reduce their dependence on the head anchor. But not all brands can achieve sales growth through self-broadcasting.

At present, the successful self-broadcast beauty brands have usually developed in the market for a long time, and have a large number of sales points in offline channels. They have a considerable budget to build a live broadcast base, which can be broadcast by their own teams on Tmall and Tik Tok, and also gain exposure in the live broadcast of comprehensive shopping malls such as Yintai.

For those start-up brands, it is usually difficult to get traffic attention by choosing self-broadcasting, and entering the live broadcast room of the head anchor is often a key step for them to enter the mass market. In 2022, the "6.18" Tmall beauty and make-up sales list also showed that, without the support of the head anchor, the number of start-up local brands on the list had been greatly reduced, and overseas brands that had been suppressed once again dominated the list.

The excessive concentration of resources by the head anchor leads to the inequality of the right to speak between the anchor and the brand, but also because of the concentration of resources, the head anchor can bring rare traffic to small brands that lack exposure. In the current period when the field of head anchor is still green and yellow, start-up brands and small brands may face more challenges.

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