The Porsche Taycan is a new all-electric model launched by Porsche. Its name is pronounced/te?k?n/, where "tay" is pronounced the same as the English word "taxi", while "can" is pronounced similar to "kan".

The exterior design of this model is very unique, featuring the Porsche family-style "flying wing" front face design, which is somewhat similar to the Porsche 911 model.

The body is smooth and dynamic, especially the design of the rear is even more impressive. At the same time, the Taycan also adopts Porsche’s latest electric technology, with strong power performance and excellent battery life, making it a model worth looking forward to.

Porsche is a world-famous luxury car brand under the Volkswagen Group, also translated as Porsche, headquartered in Stuttgart, Germany, and is one of the main representatives of European and American cars. The main models are the classic rear sports car 911, the middle two-seat sports car 718 (including Boxster and Cayman), the sports luxury four-door coupe Panamera, the luxury sports SUV sports car Cayenne, the compact SUV sports car Macan, and the pure electric four-door coupe Taycan.

On November 17th at the Guangzhou Auto Show, GAC Trumpchi launched a new technology brand – Trumpchi Intelligent Electronics Technology i-GTEC, which integrates China’s strongest three electric, high-end electronic and electrical architecture, high-performance intelligent driving, emotional intelligent cockpit and other leapfrog performance, which is more advanced than "super". At the same time, the Trumpchi new energy E8, which has recently broken through the "circle", was officially launched, and a total of 2 models were launched, of which the 150km PRO version 209,800 yuan and the 150km MAX version 229,800 yuan. It is reported that without announcing the detailed configuration and price, the blind order of the E8 broke through 20,000 units.

If this year’s "fairy fight" MPV market is compared to a competition examination venue, Trumpchi New Energy E8 is undoubtedly one of the enviable "top students" on the field. As a "new player" entering the MPV market, E8 can be said to "stir up a thousand waves with one stone". While many MPVs are still struggling to think about the "standard of excellent family cars", Trumpchi New Energy E8, which is full of "smart" and "practical" buffs, has obviously handed in a satisfactory answer in advance.

The strongest brain, enjoy smart travel

Modern families’ demand for cars has extended from meeting basic travel and safety to pursuing quality and convenience, and the demand for the intelligence level of family cars is naturally increasing. However, many MPV models on the market are only equipped with the most basic intelligent functions, and the integration of intelligent systems is low. There are also certain problems in reliability and stability.

The Trumpchi New Energy E8 is equipped with the latest GAC Xingling electronic and electrical architecture, which is like the "strongest brain" and can achieve "one call and one response". When MPVs of the same level are still exploring how to improve the reaction speed of function keys and can only open applications "one-to-one", the E8 has achieved "far ahead" on the intelligent track. The Xingling architecture has been fully upgraded, the overall computing power has been increased by 50 times, and the data transmission rate has been increased by 10 times, which can help the E8 run a larger amount of data at a higher speed in a short period of time, giving users a smoother and silkier driving experience. The vehicle’s multi-domain linkage allows users to experience the sense of control of "military advisor" when driving the E8, and can mobilize multiple intelligent applications in the whole vehicle at the same time with just "a single order", with full marks for execution. At the same time, the E8 can also support global OTA updates of in-vehicle software throughout the life cycle, achieving second-speed iteration, greatly improving OTA efficiency and stability.

With the "strongest brain" of the Starspirit architecture, E8 is like an all-round housekeeper who can solve problems for the family, meeting the needs of the whole family at the same time, leaving more time for us to chat and share joy with our families during the journey.

Intelligent interaction, "words" express what you feel and think

As people’s lifestyles change, the demand for car driving experience is also increasing. In this era where smartphones are frequently criticized for "blocking family ties", the balance of technology and emotion is undoubtedly an important test for a family car.

The E8 is equipped with the ADiGO 5.0 system that has been fully optimized on the basis of the original intelligent interaction. With the support of the Qualcomm Snapdragon 8155 chip, with the 14.6-inch high definition LCD central control screen and the 8.88-inch new instrument, the content is clearer and more intuitive, and the scene service is more appropriate, making the user experience more arbitrary and fast. The new VPA "Xiaoqi" adds a touch of "home" warmth to human-computer communication through natural anthropomorphic voice and natural logic dialogue. Not only that, but the millisecond-level wake-up speed is always available, always responding to the needs of every family. When a family sits on the E8 to start their journey, whether it is a child who wants to sing a nursery rhyme, a lover who wants to watch a movie, or an elder who wants to listen to a "talk about the ancient times", as long as they express their thoughts, Xiaoqi can always come to the side and serve as the most "home" company on the journey.

An excellent family car, of course, also needs to be responsible for the safety of the whole family. Taking into account the fatigue that may occur during long-distance driving, and the different driving levels of each family member, the E8 is equipped with a powerful "assistant master" ADiGO PILOT super-sensory intelligent driving system. Under 10 comprehensive L2-level intelligent driving aids, the urban congestion is not tired, the automatic braking is safe, and the 540 ° high definition panoramic image is transparent and visible under the car, so that the driver can clearly perceive the wheel position and the road conditions under the car, whether it is walking through the streets or crossing mountains, it can be easily driven.

A "three-headed and six-armed" housekeeper, a veteran travel guide, and a smart all-round assistant… For many families today, cars are no longer just "emotionless" means of transportation, but have been given more significance in the day and night.

In response to user enthusiasm, on the day of the launch of E8, GAC Trumpchi simultaneously announced the E8 full love preferred plan: 150,000 yuan, drive the car home! The quadruple gift broke the pain points of new energy car purchase and made China’s most "home" MPV within reach. Before December 9, through the GAC Trumpchi APP, GAC Trumpchi Mini Program, Trumpchi Smart Mini Program to order E8, you can also participate in the blind box activity, have the opportunity to win 10g BRICS.

With its outstanding performance and value-added price policy, Trumpchi New Energy E8 has redefined the most preferred household MPV with its strength. It is believed that in the Chinese household car market, it will set off a new round of enthusiasm.

　　(Sina Automobile, August 8) According to Bloomberg, Dongfeng Motor’s plan to sell a stake in PSA is feasible. On Wednesday, sources said Dongfeng Motor has been evaluating and negotiating with potential buyers in recent weeks to sell some or all of the PSA stake, including a direct sale of the stock or the issuance of PSA-backed exchangeable bonds.

　　In a statement to Reuters, PSA said it had "no comment on rumours", while a source close to PSA Peugeot Citroe ? n said the board had not received any notice of Dongfeng’s planned stake reduction. A Dongfeng representative said they had no information on the plan at this time.

　　According to people familiar with the matter, Dongfeng’s negotiations on the sale of the stake are still at an early stage and it is uncertain whether an agreement will be reached. However, the reduction of the stake will be negotiated with PSA Peugeot Citroe ? n to maintain a good cooperative relationship between the two sides.

　　However, from a purely financial point of view, Dongfeng Motor’s sale of Peugeot Citroe ? n’s stake is completely feasible. In 2014, under the mediation of the French government, Dongfeng bought a part of Peugeot Citroe ? n to help Peugeot Citroe ? n bail out. According to the agreement, the two sides will deepen strategic cooperation, realize the coordinated development of Shenlong Automobile and Dongfeng passenger car independent brand business, and establish a research and development center across the value chain in China to provide research and development services for Dongfeng, PSA and Shenlong Automobile.

　　After injecting 800 million euros, Dongfeng, the French government and the holding company of the Peugeot family became the joint largest shareholder of PSA. Dongfeng Motor’s investment has done quite well. According to Bloomberg’s valuation data of global automakers over the past five years, Peugeot Citroe ? n’s share price has performed third, after Geely Automobile and Fiat Chrysler. The 800 million euros ($897 million) that Dongfeng invested at the time are now worth about 2.20 billion euros, nearly tripling.

　　Most importantly, with the help of Dongfeng, Peugeot and Citroen were the first foreign brands to enter the Chinese market, and they also had a glorious history in China. At the beginning of the new century, the Chinese auto market developed rapidly, and the sales of Shenlong cars also grew. Sales reached 704,000 units in 2014, achieving a year-on-year increase of 28%. Sales peaked in 2015, achieving 704,800 vehicles.

　　However, due to the failure to adapt to market changes in time, the Shenlong model was outdated and lacked SVU models, which led to a stall in sales thereafter. From 2016 to 2018, the sales of Shenlong cars fell sharply for three consecutive years, falling to 253,400 vehicles, about 36% at the peak, and the market share was even larger. It lagged behind the German and Japanese joint ventures.

　　Sales of the Peugeot and Citroe ? n brands in China halved in the first half of this year compared with the same period last year, and are now less than a quarter of what they were in 2015. In the key SUV market, models such as the Citroe ? n C5 Aircross and the Peugeot 4008 are simply not competing in the market.

　　Unless there is a significant improvement in the second half of the year, Shenlong’s factory utilization rate of 600,000 vehicles a year will be just over 25%. At this level, PSA Peugeot Citroe ? n should struggle to achieve profitability. The industry generally believes that factories typically need to be utilised at more than 80% capacity to remain stable, highlighting the serious overcapacity problem facing Shenlong.

　　In 2018, Dongfeng’s joint venture with PSA Peugeot Citroe ? n saw a loss of $251 million. It’s not surprising that things have gotten worse this year.

　　Shenlong’s management also apparently sees no sign of an imminent pick-up in sales. The Peugeot and Citroe ? n dealership networks in China shrank by nearly 80 per cent from 2015 to 2018, to just 666, compared with 1,186 for the Renault-Nissan brand in Dongfeng’s other two joint ventures.

　　There is a more immediate reason for Dongfeng’s sell-off of PSA Peugeot Citroe ? n. The company’s cash has looked a little tight recently, mainly due to a sharp increase in working capital, two consecutive years of negative earnings before interest and tax, and net debt of 2.15 billion euros.

　　In fiscal 2018, Dongfeng Motor’s operating cash flow actually turned negative at around 1.25 billion euros, a relatively rare event for an automaker that has not suffered a financial crisis or corporate scandal.

　　Dongfeng Motor still has ample liquidity. As of the end of December last year, its ratio of short-term assets to short-term liabilities was 1.36, higher than the industry average. But the situation in China’s auto market is severe, and sales have been below the level of the same period last year for 12 consecutive months. Dongfeng Motor expects profits to plunge by 30% in the second half of the year, the largest drop in history, highlighting the sluggish state of the Chinese auto market. At the same time, Dongfeng is also under pressure to invest heavily in electrification.

　　Faced with these headwinds, Dongfeng Motor’s cash flow will be improved by the proceeds from the sale of its PSA stake.

　　On the other hand, Demian Flowers, an analyst at Commerz bank, said that given the challenges PSA faces in complying with tougher emissions regulations in Europe, "Dongfeng may also see risks in its investment." (Crystal Ulrich)

　　BMW’s "sports ace" kicked off the 2024 Chengdu Auto Show. The new BMW 3 Series family has been fully rejuvenated, the new BMW 4 Series four-door coupe has been launched, and the new BMW 530i and BMW X5 Black Flame limited edition Chengdu Auto Show have ushered in a shocking appearance. Innovation is not limited, and driving fun remains the same. BMW’s many "sports aces" have broken through themselves again with innovation, and at the same time added several high-value configurations to fully meet the personalized needs of Chinese consumers.

　　New BMW3 Series Family Renewal: Upgraded Configuration for China

　　Since its inception in 1975, the BMW 3 Series has undergone seven iterations, each of which has brought an exciting driving experience and won the trust of super 20 million owners around the world. Today, the new BMW 3 Series continues to surpass itself in innovation, with exclusive upgrades to luxury configurations for Chinese customer needs, fully meeting the needs of vehicles, and setting a new benchmark in the luxury sports mid-size sedan segment.

　　From the exterior to the interior, the new BMW 3 Series shows masterful design skills in every detail. The new ring-shaped radiant grille makes the front face of the vehicle instantly catch the eye. The addition of the speed blue and Brooklyn gray metallic paint shows the dynamic and elegant temperament under the change of light and shadow. The new welcome light blanket adds a sense of ceremony to every boarding. In the interior, the flat-bottomed M sports multi-function leather steering wheel, Sensatec synthetic leather dashboard and bright crystal texture components provide a luxurious and unique driving atmosphere.

　　No matter whether it is oil or electricity, it is very 3 Series. The BMW 3 Series family models always maintain the classic pure driving pleasure regardless of the power system. The new BMW 3 Series combines a golden power combination with many innovative technologies to deliver excellent handling and performance. The perfect weight of the front and rear axles at 50:50 ensures that the vehicle maintains excellent balance and stability in all road conditions; HRS hydraulic rebound damping technology makes every bump less stiff, while the double-ball spring shock-absorbing strut front axle is combined with a five-link independent rear suspension system for more precise steering and a comfortable driving experience.

　　The essence of driving is consistent. Inheriting BMW’s innovative spirit and sporting essence, the new pure electric i3 maintains the original "driver’s car" style of the 3 Series. The excitation synchronous motor equipped with the fifth-generation BMW eDrive electric drive technology allows the vehicle to show excellent acceleration performance in the full speed range; the only rear axle air suspension in the same class allows the driver to feel the perfect balance of stability and comfort during driving, while the DSC dynamic stability system ensures that every turn can be precisely controlled.

　　New BMW 4 Series CoupéChina listing

　　As the most popular body style of the BMW 4 Series family, the new BMW 4 Series four-door coupe combines the elegance of a hatchback model with the practicality of a four-door car, combining elegant style, sports coupe aesthetics and pure driving interest. It is a vivid embodiment of modern luxury and youthfulness.

　　The newly designed front LED headlight set of the new 4 Series coupe has received a double visual and functional upgrade, which can automatically adjust the light source according to the speed and navigation information, making night driving safer; the addition of the same M4CSL laser taillight creates a highly expressive and colorful color for the rear; the addition of two new paints in York Corner Green and Flame Red, as well as a variety of BMW personalized coatings; the diameter of the rear exhaust pipe has been increased to 100mm, and new 19-inch aluminum alloy wheels are provided, creating more possibilities for personalized configuration.

　　The standard configuration of the new BMW 4 Series four-door coupe has been fully upgraded, and the high-value configuration with great sincerity meets users’ expectations for appearance and driving pleasure. The standard sports seats of the whole series are made of advanced craftsmanship Sensatec synthetic leather, which perfectly combines beauty, texture and touch. Carbon fiber interior trim, light-colored fine lines with perforated materials and smoke-gray ash wood premium wood trim add a dynamic atmosphere to the car, while the bright crystal texture interior components further enhance the sense of luxury. The new M Performtex knitted/suede seats not only bring lightweight and high wear resistance, but also have a comfortable experience of warm winter and cool summer. As always, the high-end quality is always the same, and the environment is always friendly.

　　In the chassis adjustment, the new BMW 4 Series four-door coupe has spared no effort. The M sport suspension and variable sport steering system make every turn accurate and enhance driving confidence. Configurations such as the M sport differential lock and the M high-performance calipers significantly enhance the vehicle’s dynamic response, achieving the perfect combination of performance and comfort, and pure driving fun is ready to go.

　　Digital innovation, intelligent experience to the next level

　　BMW’s Inspiration Technology has always been people-oriented, dedicated to the perfect integration of innovative intelligence and personalized experience to enhance the comfort and convenience of every drive. The new BMW models equipped with the 24-07 software version have been fully digitally upgraded, and the new BMW 3 Series and 4 Series four-door coupes are equipped with the newly upgraded BMW iDrive system, taking the intelligent experience to a higher level.

　　The newly upgraded BMW iDrive system introduces a more user-friendly BMW Intelligent Personal Assistant, providing a more natural voice interaction, faster response speed and a more emotional interaction experience. Users can seamlessly operate functions such as volume, navigation and other functions with a whisper, and the delayed listening function makes human-machine interaction more convenient. In addition, the intelligent personal assistant can actively recommend functions according to user habits and scenarios, such as closing windows in rainy days, turning on the air conditioner, and reminding people to rest through floating windows in specific scenarios, further enhancing driving comfort and convenience.

　　New BMW 530i and X5 Black Flame Limited Edition

　　In BMW’s latest models, the new BMW 530i and BMW X5 Black Flame Limited Edition vividly demonstrate the perfect combination of brand driving pleasure and luxury design. As a standard wheelbase version, the new BMW 530i inherits the sports genes that the family is proud of. The newly added M Performance Edition Sports Package includes M three-color striped front seat belts, blue M sports calipers and other sporty configurations, and the visual impact skyrockets. It also offers 4 personalized customized car paints and more than 100 personalized customized special paints to express its individuality. Variable damping control included in the optional Professional Adaptive Suspension reduces the suspension by up to 4mm for higher dynamic stability at high speeds, while the integrated active steering system improves flexibility at low speeds and stability at high speeds. In line with the "ergonomics" and "driving in the loop" concept, the new BMW 530i offers the automatic ramp auxiliary feature with line-of-sight confirmation, using the assisted driving and turning on the navigation. In closed roads, when the onboard navigation route needs to be taken out of the highway/loop, simply turn your head to look at the right exterior mirror and the vehicle will automatically change lanes to the right lane.

　　Since the launch of the domestic new BMW X5, sales have continued to lead the market segment, fully proving the success of the BMW Group’s deep insight into the Chinese market and localization strategy. The X5 Black Flame Limited Edition was tailor-made for the Chinese market by BMW Group Designworks Shanghai Studio. The new car is designed with Titan gold elements as highlights, carefully decorated in the headlights, double kidney grille borders and other body details, highlighting the unique noble temperament; the exclusive Dark Flame Logo design injects more personalized elements into the vehicle; the new car adopts carbon fiber trim for the first time in the domestic model, and is equipped with personalized 22-inch pure black wheels and black M sports calipers for the first time, which perfectly combines luxury and performance. In addition, the new car also specially customized four car machine videos, which integrate the spring, summer, autumn and winter seasons with the "five elements" elements in traditional Chinese culture. The "fire" element, which symbolizes power, is cleverly presented in the form of "black flame", which symbolizes the majestic power contained in the vehicle’s powerful core, echoing the power symbol in Chinese culture.

　　The new BMW 3 Series, the new BMW 4 Series four-door coupe, the new BMW 530i, and the BMW X5 Black Flame Limited Edition not only inherit the brand’s "pure driving fun" gene, but also continue to innovate in technology and design, accurately satisfying users’ pursuit of personalized and high-quality driving experience. As the 2024 Chengdu International Auto Show approaches, BMW will continue to demonstrate its forward-looking innovation power on this eye-catching stage, further bringing consumers surprises and extraordinary experiences that exceed expectations.

　　Suggested retail price:

　　(Xinmin published this article for the purpose of transmitting automobile information, which does not represent the views of this website)

1905 movie network news Directed by He Nian, the romantic comedy film starring Guo Jingfei and Di Lizheba has a special role today. Di Lizheba plays Liu Maimai, who can switch freely in three modes: shopping maniac, upright girl, and cute foodie. During filming breaks, he shows his waist stunts without a word. The atmosphere of the set is quite happy. Facing the camera, Di Lizheba also explained his understanding of the role of Liu Maimai. The movie "21 Carats" will be released on April 20.

Di Lizheba becomes a "shopping maniac"　

Liu Mai acts cute when buying money

In the film, Liu Maimai, played by Di Lizheba, initially has the concept of "spending money is a kind of beauty" consumption concept – he is persistent and fanatical about diamonds, card swiping, shopping, and even holding a bag to fall asleep. "Worship for money" is the external characteristic of Liu Maimai, but this is only the side of Liu Maimai before meeting Wang Dui. In fact, she is a lovely and simple girl, especially when it comes to love. Shopping maniacs, upright girls, and cute foodies are all labels of Liu Maimai. After meeting Wang Dui, who saves money extremely, Liu Maimai’s life has undergone many changes. What kind of sparks will collide between them is a major topic and highlight of the movie. In the special issue, Di Lizheba also summed up several keywords for Liu Maimai from her own perspective: "very straightforward", "enjoy the moment", "silly", and "neurotic". The special issue also exposed Di Lizheba’s behind-the-scene behind the scenes of the shooting scene for the first time, singing, acting cute, and even saying no words during the shooting. Her interaction with Guo Jingfei on the set was also very happy.

Talking about money and love, should the province spend it?

Guo Jingfei and Di Li Reba’s first cooperation is full of topics　

"21 Carats" is the first collaboration between Guo Jingfei and Di Lizheba. The two use two distinct characters, "Wang Geche" and "Liu Maimai", to discuss and interpret the issue of "money and love" in the relationship between the sexes. Wang Geche, who is born to love to save money and never spends a penny more, met Liu Maimai, who went bankrupt and sold his house and bags, due to a theater accident. The two lived under the same roof by accident, and the difference in values also brought a fierce spark to their lives. The problems encountered by Wang Geche and Liu Maimai also represent the material and emotional torn that many young people in contemporary Chinese society encounter, which has triggered a lot of discussion and resonance.

　　

"21 Carats" is adapted from the play of the same name and directed by the play director He Nian himself. Guo Jingfei, who plays the role of Wang Jiwei in the play version, reappears in the movie to play the same role. The cooperation between the two original cast members has caused many fans of the play to express their expectations. The image of Di Lizheba’s ghost horse elf is quite compatible with Liu Jiayin, which also adds a lot of interest to the film.

The romantic comedy "21 Carats", directed by He Nian, starring Guo Jingfei and Di Lizheba, with special performances from Dapeng and Bao Bell, will be released nationwide on April 20.

　　Xinhuanet Lanzhou, November 10 (reporter, Wang Zhiheng, Guo Gang) On November 10, due to dissatisfaction with the large number of local illegal rental vehicles interfering with the passenger market, a collective strike of hundreds of taxis took place in Yongdeng County, Lanzhou City, Gansu Province.

　　The reporter rushed to the county seat of Yongdeng County, Gansu Province, and saw that the suspended taxis were neatly placed on both sides of the road at the gate of the Yongdeng County Transportation Bureau. It was rare to see taxis driving on the street, which caused great inconvenience to the residents of Yongdeng County.

　　Ma Jiangshan, a representative of the strike taxi driver, told reporters that the strike began at 9 a.m., and there were more than 280 taxis operating legally in the county, and more than 160 taxis participated in the strike that day.

　　Ma Jiangshan said that the main reason for the strike is the increasing number of "motorcycles" and taxis operating illegally in the local area, which has seriously affected the income of legal taxis. According to their understanding, there are currently more than 700 illegally operated "motorcycles" and taxis in the county seat. These illegal vehicles and legal taxis compete for customers and engage in malicious competition at low prices, resulting in a sharp drop in their income. At present, the daily operating income is only about 20 yuan, which can only support basic living.

　　Chen Yongshun, a representative of the strike drivers, said that since 2006, three taxi operating companies have been established in Yongdeng County. Some local farmers and laid-off workers have invested more than 30,000 yuan to buy vehicles and join the three companies to engage in local rental business. At first, they had a monthly income of thousands of yuan. Later, as more and more taxis were operating illegally, the income of legal taxis became less and less. Now the daily income is less than half of what it was at the beginning. They have reported the situation to the county traffic bureau and the public security bureau many times, but the problem cannot be solved. They have no choice but to take measures to stop the operation in order to protect their legitimate rights and interests.

　　Guo Shiling, director of the Yongdeng County Transportation Bureau, told reporters that the illegal taxi operators are mainly some private car owners in the county seat. In order to subsidize their own car expenses, they secretly engage in illegal passenger-carrying business, and the operating time and location change at any time. Even if they are caught by law enforcement officers of the transportation department, according to the relevant provisions of the "Regulations of the People’s Republic of China on the Administration of Road Transport", they can only be fined, but not revoked driving licenses and driver’s licenses, which will not play a deterrent role. As a result, there is a vicious circle of illegal taxis being "caught and fined, and fined and released" by the transportation department.

　　Guo Shiling said that although the traffic management department has difficulties in law enforcement, such as difficulty in obtaining evidence and limited penalties, the county transportation bureau has been stepping up its crackdown. On Nov. 5, just before the taxi strike, the county transportation bureau, together with the Yongdeng County Traffic Police Brigade and the Yongdeng County Administrative Law Enforcement Bureau, issued the "Implementation Plan for Regulating County Traffic Order" to carry out "100-day rectification actions" to crack down on illegal activities, including illegal taxi operations.

　　As of press time, taxis in Yongdeng had not resumed normal operations. Ma Jiangshan and other strike drivers said they would continue to strike until the county authorities could give them a clear time to crack down on illegal taxis.

　

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　　 Yingxunmen Gate Tower and Wall in Pingyao Ancient City, taken on January 5th. On that day, Pingyao County, Shanxi Province ushered in snowfall, and the ancient city of Pingyao in the snow was wrapped in silver and picturesque. Pingyao Ancient City is one of the most well-preserved ancient county-level cities in China, and was listed in the World Cultural Heritage List in 1997. Xinhua News Agency reporter Zhan Yanshe

　　 On January 5, a pedestrian rode on the street of Pingyao ancient city. On that day, Pingyao County, Shanxi Province ushered in snowfall, and the ancient city of Pingyao in the snow was wrapped in silver and picturesque. Pingyao Ancient City is one of the most well-preserved ancient county-level cities in China, and was listed in the World Cultural Heritage List in 1997. Xinhua News Agency reporter Zhan Yanshe

　　 Yingxunmen Tower in Pingyao Ancient City (photo of drone) taken on January 5th. On that day, Pingyao County, Shanxi Province ushered in snowfall, and the ancient city of Pingyao in the snow was wrapped in silver and picturesque. Pingyao Ancient City is one of the most well-preserved ancient county-level cities in China, and was listed in the World Cultural Heritage List in 1997. Xinhua News Agency reporter Zhan Yanshe

　　 On January 5, tourists visited Pingyao ancient city. On that day, Pingyao County, Shanxi Province ushered in snowfall, and the ancient city of Pingyao in the snow was wrapped in silver and picturesque. Pingyao Ancient City is one of the most well-preserved ancient county-level cities in China, and was listed in the World Cultural Heritage List in 1997. Xinhua News Agency reporter Zhan Yanshe

　　 On January 5, the outer eaves of Yingxunmen Gate Tower in Pingyao Ancient City were photographed. On that day, Pingyao County, Shanxi Province ushered in snowfall, and the ancient city of Pingyao in the snow was wrapped in silver and picturesque. Pingyao Ancient City is one of the most well-preserved ancient county-level cities in China, and was listed in the World Cultural Heritage List in 1997. Xinhua News Agency reporter Zhan Yanshe

　　The actions of actively bailing out real estate in various places are still going on. In addition to the deepening of urban policies, the actions of local governments to co-ordinate the deployment of Baojiao Building are gradually increasing.

　　On August 15th, Ma Yujun, Deputy Secretary of the Municipal Party Committee and Mayor of Shijiazhuang City, Hebei Province, investigated and inspected real estate projects and presided over a symposium on the stable and healthy development of the city’s real estate market. At least five real estate enterprises and two banks attended the meeting. Prior to this, Ningbo, Zhejiang, Hefei, Anhui, and Xianyang, Shaanxi also held similar forums for housing enterprises. One of the core contents of the meeting was "Baojiaolou".

　　Since July, some owners of "uncompleted residential flats" have cut off their supply and the data of the property market have continued to decline, and the market’s expectations for the real estate relief policy are getting stronger and stronger. After Politburo meeting of the Chinese Communist Party explicitly proposed to guarantee the delivery of the flats at the end of July and stressed the responsibility of compacting local governments, the pace of active relief in various places has also accelerated.

　　What did the housing enterprise symposium "talk about"?

　　At 9 o’clock on the evening of the 15th, WeChat official account’s WeChat "Shijiazhuang Release" under the Propaganda Department of Shijiazhuang Municipal Committee pushed an important message, which may be of particular concern to local citizens who bought faster houses.

　　The article shows that Ma Yujun investigated and inspected a number of real estate projects on the same day, including Yunshufu, Gaoying International, Heshifu, Changyue House, Spruce Valley, Zhongmei Covered Bridge, etc. Some of these projects are under construction, some are being sold to the outside world, and some are at a standstill.

　　After understanding the basic situation and construction progress of the project, Ma Yujun had an exchange discussion with relevant district governments, municipal departments and real estate enterprises, covering the existing problems, solutions and future development.

　　On the same day, Ma Yujun also hosted a symposium for real estate enterprises. The real estate enterprises that attended the meeting and made speeches included China Shipping Real Estate, MCC Mingguan, Hebei Poly Development, Shijiazhuang Vanke, and Rong Sheng, Hebei Province. The speeches mainly focused on the actual situation of each family and constructive suggestions for the healthy and orderly development of the real estate industry. In addition, the two participating banks also made speeches on real estate financial policies and related measures to support the stable and healthy development of the real estate market in the next step.

　　This is not the first city to hold a symposium on housing enterprises. Since July, several cities including Ningbo, Zhejiang, Hefei, Anhui and Xianyang, Shaanxi have held similar meetings. A big background of this phenomenon is that since the end of June and the beginning of July, the owners of "uncompleted residential flats" in many places across the country have jointly launched the action of stopping supply, hoping that those properties that have been suspended for a long time or temporarily can resume work and hand over the house as soon as possible.

　　On July 28th, Politburo meeting of the Chinese Communist Party also explicitly mentioned "ensuring the delivery of buildings and stabilizing people’s livelihood". On the basis of insisting on housing and not speculating, it emphasized the responsibility of compacting local governments and encouraged local governments to make full use of the policy toolbox because of the city’s policy.

　　Specifically, the host of local symposiums is mainly the Housing and Construction Bureau, and the main line of content is Baojiaolou.

　　For example, on July 19th, Xianyang Housing and Urban-Rural Development Bureau organized a collective interview meeting for some housing enterprises to urge them to strengthen their management, shoulder their social responsibilities, try to resolve conflicts, do a good job in prevention and early warning, plan ahead, and speed up the construction progress and strive to deliver the house on schedule while ensuring the quality and quantity of the projects under construction. At the same time, the meeting stressed that housing enterprises should take the initiative, not wait and rely, and try their best to solve the urgent needs of the masses.

　　On July 18th, the previous day, the Ningbo Housing and Construction Bureau also announced that recently, the Real Estate Market Supervision Department of the Bureau and the Housing Management Center convened six new Ningbo housing enterprises, including Weixing and Changzhu, to hold a symposium on real estate policy exchange and publicize the real estate industry policy.

　　At the meeting, Ningbo Housing and Urban-Rural Development Bureau, while interpreting and publicizing the relief policies such as pre-sale, full renovation, fund supervision and real estate regulation in the city, kept abreast of the investment plans and development progress of seven projects developed by six housing enterprises, and listened to the business conditions of various enterprises and suggestions for industry development.

　　Just recently, Hefei, Anhui received high attention because 17 real estate developers jointly wrote to the government, and then the government also held a special meeting, but the content was slightly "special".

　　In a Report on Solving Difficulties by Requesting to Maintain the Business Environment and Enhance the Investment Confidence of Housing Enterprises stamped with the official seals of 17 housing enterprises, 17 housing enterprises, including Longhu, Xuhui and Sunac, as well as Poly, Gezhouba and Greentown, collectively complained to the Hefei Municipal Government, saying that they were faced with some unreasonable group customer complaints and house troubles, and there may be professional house troubles behind them, so please ask the competent government departments to give them a hand.

　　On the morning of August 13th, Yu Aihua, member of the Standing Committee of Anhui Provincial Party Committee and secretary of Hefei Municipal Party Committee, presided over a special meeting on the governance of real estate problems in the whole city, stressing that we should not only attach great importance to the problems reflected by the masses, but also try our best to solve the problems encountered by enterprises and do everything possible to "ensure the delivery of buildings and stabilize people’s livelihood". For the unreasonable demands of a very small number of property buyers, it is necessary to strengthen communication, explanation, education and guidance. If there are violations of laws and regulations, they should also be dealt with according to the law. At the same time, it is said that developers, construction enterprises and supervision units should strengthen credit management and set up special classes to curb the occurrence of incremental problems.

　　Scheme: One-on-one guarantee of building delivery, strengthening supervision of pre-sale funds.

　　In the eyes of the industry, the discussion is only the first step to solve the problem, and a series of policies for Baojiaolou will be introduced in subsequent places. Especially when the macro-economy is under pressure and land revenue accounts for a large proportion of local finance, the pace of local government’s bail-out of housing enterprises will accelerate.

　　In fact, in addition to housing enterprises’ symposiums and real estate symposiums, a series of real estate-related documents have been published intensively in various places recently. From the content point of view, in addition to the 10 billion yuan special fund for real estate relief initiated by Zhengzhou, most policies focus on one-on-one supervision by government leaders and strengthening supervision of pre-sale funds.

　　"Stabilizing the economic market is the primary and urgent task of economic work at present and in the next stage. Among them, promoting the healthy, stable and orderly development of real estate is an important aspect. " Ma Yujun proposed at the latest symposium held in Shijiazhuang that the real estate policy should be further rationalized and improved according to the actual situation of the city, and housing enterprises should be promoted to speed up construction. In terms of specific requirements, relevant departments at all levels should continue to increase the promotion of uncompleted residential flats, compact the responsibility chain, increase coordination, and keep an eye on the time node; Properly handle the remaining problems and speed up the solution of problems such as "difficulty in obtaining a permit" and "difficulty in moving in"; Strengthen supervision and monitoring of development projects and strengthen source and process management. At the same time, it is necessary to strengthen the supervision of pre-sale funds of commercial housing, ensure the closed-loop management and use of funds, and keep the bottom line of systemic risks.

　　For the supervision work of relevant departments, there have been "one-on-one" requirements in many places. For example, at the symposium organized by Xianyang Housing and Construction Bureau, a one-on-one assistance policy was established, that is, a department helped an enterprise to promote the early solution of the problem; The Housing and Construction Bureau of Suining, Sichuan Province also instructed all jurisdictions to carry out the linkage work between housing enterprises and real estate projects. By combing and arranging, 83 real estate development projects under construction and to be built were included in the linkage scope, and each project was linked "one-on-one" by a county (city, district) and a county-level leader of a municipal park, and at the same time, a contact person in the jurisdiction was identified; Mianning County, Liangshan, Sichuan Province, in the Notice on Measures to Promote the Stable and Healthy Development of the Real Estate Market, mentioned the mechanism of "one plate, one policy and one leadership" for the problems left over by real estate development projects (for problem buildings).

　　According to the news released by Huzhou, the Office of the Joint Conference on the Stable and Healthy Development of the Real Estate Market in Huzhou City, Zhejiang Province issued the Notice on Continuously Promoting the Stable and Healthy Development of the Real Estate in our City on August 15th, which mentioned that state-owned enterprises are encouraged to purchase the unsalable houses of difficult real estate enterprises as housing for resettlement.

　　In view of the storm of supply interruption since July and the phenomenon of "early repayment of mortgage" hotly discussed by buyers, many places have further strengthened the supervision system of pre-sale funds, and even held special bank symposiums on supervision of pre-sale funds, involving Cangzhou, Hebei, Jiujiang, Jiangxi, Changsha, Hunan, Dongguan, Guangdong, Jiangmen, Jiangsu, etc.

　　Judging from the latest real estate data released by the National Bureau of Statistics, the current situation is still not optimistic. From January to July this year, the national real estate development investment was 7,946.2 billion yuan, down 6.4% year-on-year; The sales area of commercial housing was 781.78 million square meters, a year-on-year decrease of 23.1%; The sales of commercial housing was 7,576.3 billion yuan, down 28.8% year-on-year; The land purchase area was 45.46 million square meters, a year-on-year decrease of 48.1%. Among them, the sales and investment scale of new houses in July decreased by 16% and 14% respectively compared with May, and the year-on-year decline also expanded.

　　Fu Linghui, spokesperson of the National Bureau of Statistics, said that since the beginning of this year, the real estate market as a whole has shown a downward trend, and because of the large scale, long chain and wide coverage of the industry, it has a great impact on economic growth and social livelihood. However, since the beginning of this year, all localities have insisted on housing and housing, supported rigid and improved reasonable housing demand, and introduced a number of policies to stabilize the real estate market. The overall downward trend of the real estate market has slowed down.

　　Huang Hongwei, a macro analyst of Caixin Securities, believes that with the Zhengzhou municipal government promoting the landing of the bail-out fund and China Huarong and other financial institutions participating in the bail-out, relevant departments, financial institutions and local governments will follow up quickly, and Baojiaolou will also become an important policy direction for stabilizing the economy in the second half of the year.

　　Judging from recent market news, the supervision of liquidity support measures for high-quality private housing enterprises is also expected to be further deepened. At present, in addition to Longhu’s expected syndicated loan of HK$ 3.5 billion, the market also has higher expectations for the bond issuance method of "China Credit Increase+State-owned Enterprises".