On January 21, 2024, tourists took photos in the central square of Yuyuan Mall. On the same day, the 2024 Shanghai Yuyuan Folk Art Lantern Festival was officially lit. This year’s Yuyuan Lantern Festival will continue to write "Stories about the Wonders of Mountains and Seas", with the theme of "Sea Classics". The dragon lanterns of the zodiac, the underwater world, the dancing of fish, and the fantasy fairyland will make tourists welcome the Year of the Loong’s New Year in the dazzling national wind dreamland. Xinhua News Agency reporter Liu Ying photo

　　Promoting the coordinated development of material civilization and spiritual civilization is the essential feature of upholding and developing Socialism with Chinese characteristics. Realizing the great rejuvenation of the Chinese nation requires great development of material civilization and spiritual civilization.

　　To thoroughly study and implement the cultural thought of the supreme leader, we should accurately grasp the dialectical relationship between material civilization and spiritual civilization, consolidate the material conditions for the people’s happy life, constantly enrich the people’s spiritual world, conserve the national spiritual strength, and strive to write a new chapter in Chinese modernization.

　　"Material wealth and spiritual wealth are the fundamental requirements of socialist modernization"

　　From the explosion of "Erbin" to the continuous "innovation" of online celebrity cities, from "Meng Wa Da Chuan Men" to the North-South Grand Gala … … At the beginning of 2024, the rising consumption of cultural tourism has raised the temperature of economic development, showing the world a new atmosphere of Chinese modernization.

　　"Chinese-style modernization is a modernization in which material civilization and spiritual civilization are coordinated." General Secretary of the Supreme Leader clearly pointed out in the Party’s Report to the 20th CPC National Congress that material wealth and spiritual wealth are the fundamental requirements of socialist modernization.

　　In promoting modernization, we not only emphasize liberating and developing social productive forces and promoting sustained and rapid economic growth, but also believe that spiritual civilization is the proper meaning of Socialism with Chinese characteristics’s topic. The development of a single material civilization without spiritual civilization and progress is not a real socialist modernization and does not meet the requirements of all-round social progress.

　　On June 6, 2023, tourists took photos in front of Bagong House in Hankou Historic District, Wuhan. With the promotion of the urban renewal project of the old city reconstruction in Hankou historical scenic area, the old buildings in the scenic area have been repaired and transformed, integrated into modern life and rejuvenated. Xinhua News Agency reporter Wu Zhizun photo

　　Since the 18th National Congress of the Communist Party of China, the General Secretary of the Supreme Leader has attached great importance to the construction of spiritual civilization, and repeatedly stressed the insistence on "grasping with both hands and being hard with both hands", pointing out that "when high-rise buildings are everywhere in our country, the building of Chinese national spirit should also stand tall". The CPC Central Committee with the Supreme Leader as the core puts spiritual civilization construction in an important position to promote the overall layout of the "five in one" and the coordinated promotion of the "four comprehensive" strategic layout, and push the construction of material civilization and spiritual civilization to a higher level.

　　Confident in China, the belief in winning is more firm — — Winning the biggest battle against poverty in human history, more than 1.4 billion people have entered a well-off life in an all-round way, and the two wonderful chapters of material civilization and spiritual civilization have been written simultaneously, which has greatly stimulated national self-confidence and pride. The great energy accumulated by the people of China in the course of history has fully exploded, giving off an unprecedented spirit of historical initiative and creation.

　　Self-strengthening China, the spirit of struggle is more high — — While becoming the world’s second largest economy, the largest industrial country and the largest commodity trading country, it has built the world’s largest education system and social security system and become one of the most secure countries. In the magnificent picture of national development "to the broad masses", the happiness coordinates of everyone are outlined, and the majestic power of Chinese children to forge ahead and forge ahead in unity is condensed.

　　The great achievements created by the Party under the leadership of the people over the past 100 years, the leap-forward development achieved in the reform and opening-up over the past 40 years, and the historic changes in the new era over the past 10 years have fully proved that the development of the two civilizations is mutually conditional, mutually reinforcing and cannot be neglected.

　　As General Secretary of the Supreme Leader pointed out: "Only when the construction of material and spiritual civilization is well done, the material and spiritual strength of the country is enhanced, and the material and spiritual lives of the people of all ethnic groups in the country are improved, can the cause of Socialism with Chinese characteristics move forward smoothly."

　　Correctly handle the relationship between material civilization and spiritual civilization from a dialectical, comprehensive and balanced point of view.

　　On the one hand, the ancient streets and lanes of more than 2,500 years are completely preserved, and on the other hand, modern enterprises aiming at the forefront of science and technology are busy day and night.

　　"There is not only the inheritance of history and culture, but also high-tech innovation and high-quality development, which represents the future development direction". On July 6, 2023, when inspecting the historical and cultural blocks in Pingjiang, Suzhou, the words of the Supreme Leader General Secretary were profound.

　　Marxism holds that material civilization and spiritual civilization are closely linked, mutually influenced and mutually conditioned, and unified in people’s specific practical activities.

　　General Secretary of the Supreme Leader stressed that it is necessary to "correctly handle the relationship between material civilization and spiritual civilization from a dialectical, comprehensive and balanced point of view". In the process of promoting modernization, the major principle of coordinating material civilization and spiritual civilization must be carried out throughout.

　　On November 28th, 2023, the audience visited "Discover Dunhuang — — Dunhuang art scene special exhibition ". The special exhibition is divided into three parts in chronological order: "Discover Dunhuang", "Protect Dunhuang" and "Inherit Dunhuang", which reproduces the beauty of Dunhuang for thousands of years with digital art. Xinhua News Agency reporter Sun Fanyue photo

　　The material foundation "sets the stage" and the spiritual culture "sings". The development of material civilization provides a solid foundation for the development of spiritual civilization — —

　　Looking at the vast China, the construction of public cultural facilities carrying spiritual civilization has been accelerated. Over 3,300 public libraries and over 10,000 cultural centers and museums have been built nationwide. At present, all public libraries, cultural centers, art galleries, comprehensive cultural stations and more than 90% museums have been opened free of charge.

　　Development is the basis and prerequisite for solving all problems. Without the material foundation accumulated by the development of New China for more than 70 years, and the solid strength laid by the world’s second largest economy, there would be no spiritual halls of the people standing tall, and the construction of spiritual civilization would become a passive water and a tree without roots.

　　Demand pulls supply and stimulates cultural vitality. The diversified development of economy puts forward higher requirements for the construction of spiritual civilization — —

　　A new space for performing arts has sprung up, a new cross-border gameplay has led the trend, and a batch of new artistic works have been staged in turn … … The cultural supply of "fancy" innovation constantly meets people’s more spiritual needs. In 2023, the number of commercial performances and income in Beijing and other places reached record highs.

　　"granary knows etiquette, food and clothing know honor and disgrace." From "is there" to "is it good", people pay more attention to spiritual and cultural life, put forward new and higher requirements for cultural construction, and the characteristics of high-quality and personalized cultural demand are more obvious.

　　Cultural "soft power" provides "hard support". Develop with spiritual civilization and enhance the intrinsic kinetic energy of material civilization construction — —

　　Draw strength from The Awakeing Age, The Battle at Lake Changjin, Minning Town and other film and television dramas, and inspire lofty sentiments with artistic creations such as "Piloting" and "We Walk on the Road" … … Groups of outstanding cultural works have produced good economic effects, and at the same time, they have condensed a powerful spiritual force to forge ahead in a new journey.

　　Establish a heart with literature and promote industry with literature. Accelerating the construction of high-level culture and the supply of high-quality culture will accelerate the release of consumption potential, expand the space for economic growth, further enhance the centripetal force and creativity of the whole nation, and provide powerful kinetic energy for us to overcome all difficulties on the way forward.

　　"National prosperity and national rejuvenation need the accumulation of material civilization and the sublimation of spiritual civilization."

　　To open a new world of career development, we need to take material as the basis and spirit as the guide.

　　General Secretary of the Supreme Leader pointed out, "Today, China is in a critical period to realize the great rejuvenation of the Chinese nation. National prosperity and national rejuvenation need the accumulation of material civilization and the sublimation of spiritual civilization". To build a socialist modern country in an all-round way, we must make greater determination and efforts to promote the mutual promotion and coordinated development of the "two civilizations."

　　Adhere to both hands and be hard, and comprehensively promote the great rejuvenation of the Chinese nation — —

　　Open the outline of the Tenth Five-Year Plan and look forward to the main goals of future economic and social development, with "new achievements in economic development" and "new steps in reform and opening up" at the forefront, followed by "new improvement in social civilization".

　　The closer we get to the goal, the more arduous and arduous efforts we need to be prepared to make, and the more we need to strengthen the people’s strength and inspire the national spirit.

　　We must persist in taking high-quality development as the last word in the new era and continue to consolidate the material foundation of national rejuvenation; At the same time, we will build a spiritual home shared by the Chinese nation and provide a more active and powerful spiritual force for comprehensively promoting the great rejuvenation of the Chinese nation with cultural prosperity.

　　On June 22, 2023, on the fifth day of the fifth lunar month, villagers rowed dragon boats at the Jiangcun Dragon Boat Festival in Hangzhou Xixi National Wetland Park, a traditional festival in China. Jiangcun Dragon Boat Festival was listed in the national intangible cultural heritage list in 2011. Xinhua News Agency reporter Huang Zongzhi photo

　　Adhere to both hands, both hands hard, and vigorously promote the construction of a socialist modernization power — —

　　Strengthen "hard power" and build a manufacturing power, a quality power, a trading power, a space power, a transportation power and an agricultural power; Focus on "soft power" and build a powerful country in education, culture, network and sports … … Looking forward to 2035, the 20th National Congress of the Communist Party of China has clearly defined a series of goals, outlining a beautiful picture of modernization in which material civilization and spiritual civilization are coordinated.

　　Socialism with Chinese characteristics is a great cause of all-round development and progress.

　　The mission of the new era and new journey requires us to comprehensively enhance our economic strength, scientific and technological strength and comprehensive national strength. At the same time, we regard cultural construction as an important content and support for building a socialist modern power in an all-round way, and provide ideological guarantee, public opinion support, spiritual motivation and cultural conditions for realizing the goal of the second century.

　　Adhere to both hands and be hard, and constantly meet the needs of the people for a better life — —

　　Building a "quarter-hour convenient life circle" to enrich people’s basic necessities and implement the "Strong Foundation Project" — — The Implementation Plan of the Action of Literature and Art to Help Grassroots Spiritual Civilization Construction (2023-2025) encourages grassroots sports such as "Village BA", "Village Super" and "Village Pai" to be widely carried out … …

　　In order to meet the people’s new expectation of improving the quality of life and moving towards common prosperity, we must continuously enhance and improve people’s well-being, provide the people with diversified, multi-level and multi-faceted spiritual and cultural needs, and promote the all-round enrichment of things and the all-round development of people.

　　"We will continue to improve people’s material and spiritual living standards, so that every family can have enough food and clothing, and everyone can know the etiquette and honor." This is a beautiful life that people yearn for and a solemn commitment of communist party people.

　　Planning: Huo Xiaoguang

　　Producer: Zhang Xiaosong

　　Written by: Jiang Lin, Ye Haoming and Wei Hongyi

　　Coordinator: Zou Wei and Zhao Chao.

　　Editor: Qu Ting

　　Produced by Xinhua News Agency in China

"agarwood like crumbs" sweetened two episodes and began to give the audience blades. After Yan Dan gouged out her heart and saved Ying Yuan, she was deceived by Zhi Xi and Ying Deng. After gouging out his heart, he was already weak, and Yan Dan suffered the criminal law of lightning. Almost killed by a fluorescent lamp, Yu Mo appeared to save Yan Dan.

I thought that Ying Yuan and Yan Dan would never misunderstand each other again. They shared pains and shared happiness, and put each other in the most important position in their hearts.

It’s a pity that the flying knife has stabbed the audience’s heart to death. How cruel Ying Yuan and Yan Dan are, how painful the heart of the drama chaser is.

In the boring heaven, Ying Yuan also accompanied Yan Dan on a romantic journey. Yan Dan also felt the pain of love, even if a lover will be separated, she has no regrets.

After Ying Yuan was poisoned by fire, his hair turned white all night, which made people feel distressed. However, Cheng Yi’s white hair style is particularly handsome, giving people a sense of fragmentation.

Ying Yuan also likes Yan Dan very much, but in order to protect her from the pain of love, the dead duck always keeps his mouth shut. Otherwise, when Yan Dan gave him the true qi to treat his fire poison, he did not let go of his nature and kissed Yan Dan affectionately.

Cheng Yi’s interpretation of the broken immortal male master is amazing, especially the beautiful and tragic battle-damaged makeup is distressing. The whole person is fragile, broken, sue and desire, and the atmosphere is full.

Besides Ying Yuan, a character with a strong sense of fragmentation, Sifeng created by Cheng Yi in Coloured Glass is also distressing.

SiFeng along the way, but also suffered the torture of love. Especially when he vomited blood and said, you are always an unintentional person. This line makes people cry.

Before these roles, Cheng Yi, born in 1990, had been playing for 11 years. He made his official debut as a bug in the movie Forgive me, It’s too late to love you, and became popular with first hero Su Yang in Love.

Cheng Yi once played Lin Jingyu in Zhu Xian Qing Yun Zhi and Xiao Chengxu in Chang An Nuo. Cheng Yi’s costume is particularly handsome, holding works to be broadcast, such as The South Wind Know My Mind, Dreaming of Chang ‘an, The Deep Dive of the Confusion, etc., and at the same time, plays such as Lotus House are turned on.

"Splendid Star" Douban scored 7.5, which is also very good for a costume drama. Since the launch of "Brilliant Star Han", the popularity has been very high, and the emotional story of Cheng Shaoshang and three men is also embarrassing.

Cheng Shaoshang successively fell in love with each other and then dissolved their marriage. She’s with 081 again, and 081 is ling.

In the latest plot of "Splendid Star-Han", the Hou of Chengyang strongly objected after learning that Ling and Cheng Shaoshang were not worthy of them, thinking that the new military commanders in the Cheng family area were not worthy of them. On the day of the engagement, the Houfu in Chengyang claimed that the mistress was ill and could not come to the engagement. The Cheng family was almost angry.

Ling did not doubt that she had no father or mother, and asked the emperor and queen to preside over the engagement ceremony on her behalf. In this way, the Cheng family will have face. Ling didn’t suspect that he rushed back to the capital overnight and apologized to Cheng Shaoshang in front of everyone.

Leo performed a sense of momentum without doubt. He just appeared in a suit of armor, his eyes were bright and unsmiling, and he was full of sharpness. After Cheng Shaoshang was divorced, he was overbearing and begged Wen Di to marry Cheng Shaoshang, which was particularly overbearing.

Leo’s lines are also good, and his words are clear. The general’s momentum can push anyone back. This time, Leo’s performance in the play was amazing to many audiences. At first, I thought that Leo and Ling had a sense of disobedience. The result is so satisfying. As a male actor, he is excellent and his acting skills are not dropped.

Looking at Leo’s armor modeling, people can’t help feeling that Xiao Feiliu in "nirvana in fire" grew up and finally grew up with Mei Changsu’s sense of sight.

Leo is still a child star, and he entered the entertainment circle because of his participation in Fengming Qishan, a list of gods, and Little Nezha. Whether it’s Tang Buku in Home with Aliens, Ma Xiaotiao in Naughty Ma Xiaotiao, Meng Xiang in Far Away Love, Yang Guo Jr. in The Condor Heroes, Yang Ping, a young military commander in Shadow, and Leo, the juvenile images are all good.

Leo is very serious in his performance, and everyone often describes his performance as "virtuous and artistic".

As the same actor, Cheng Yi in "Aquilaria Resinatum as Chips" and Wu Lei in "Splendid Star" are compared together, and the difference is obvious.

Ying Yuan’s broken feeling is absolutely unique, and his makeup is moving and his acting skills are good. Just as a fairy, rules and regulations limited him. Facing Yan Dan’s deep affection, he obviously wanted to be close to her, but suppressed his feelings. The sense of forbearance was particularly wonderful.

When Ling was interrogating the prisoner, the momentum drove the prisoner into a cold sweat. Ling did not doubt that he had paid everything for revenge, and he was burdened with a blood feud. He seldom smiles, but often silently pays for Cheng Shaoshang.

Ying Yuan and Ling don’t doubt that they have the same thing. The women they like are smart and lovely. Those women who are scheming are dismissive, and they think it is a waste of time to look at them more.

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In the fourth quarter, Dragon TV and Zhejiang TV jointly broadcast the TV series "True Youth", which released the investment proposal. Starring Wu Jinyan and Yin Tao, with Peter Ho, Hong Yao, Zuo Xiaoqing, Liu Mintao and other special stars, it is an inspirational struggle energy drama for women in the workplace, which tells the story of Zhang Xiaoyu, a newcomer to the post-90 s workplace who has won the appreciation of Rei Lin, the sales director of SW, an internationally renowned cosmetics company, and got a job opportunity because of her extremely high sales talent. Struggle all the way in the work, and finally realize the story of career ideals and self-worth.

Wu Jinyan, as the heroine of the play, stands in the C position, with the first name, but her design and acting skills are not dominant, so she is easily hanged. You don’t need to look at other introductions further. Just look at a few simple synopses, and you can probably guess that Wu Jinyan is bound to play the rampaging heroine, while another heroine, Yin Tao, plays a career Bai Gujing.

One is a clueless girl in the workplace, and the other is a female elite in the workplace who knows the law of the jungle. Even in normal life, it is obvious which person everyone will prefer. Put it in a TV series, the annoying place will be magnified many times in an instant, which is even more annoying. It is doomed that the heroine played by Wu Jinyan will not necessarily win everyone’s love from the person’s design, and with the capable and clever foil next to Yin Tao, the role may "die" very ugly.

It’s just that the characters are not dominant, and the more deadly place lies in the actors who cooperate this time. Let’s say that Yin Tao, who is also the heroine, has not produced for a long time, and he is also very low-key. He is the first grand slam in the 1970s. The Golden Eagle Award, Flying Award, Magnolia Award and China, these top TV drama awards, Yin Tao has achieved two rounds of achievements. What is even more admirable is that Yin Tao’s award-winning TV dramas are not melodramatic dramas. On the contrary, all the ministries can create explosions with both classics, such as Chicken Feathers Flying to the Sky and Wenzhou Family.

Take the TV series "Chicken Feathers Fly to Heaven" as an example. Many netizens commented that they were supposed to watch it with their elders at home, but in the end they got deeper and deeper in this drama. Zhang Yi, the hero of the play, is now a hot topic. It is because of this play that he shines brilliantly, and Yin Tao, who can easily catch up with Zhang Yi’s immortal acting skills in the whole play, has made quite good contributions. So it is conceivable that Yin Tao is also an absolute strength, so Wu Jinyan’s acting skills are not qualified enough in front of Yin Tao, and it is really necessary to put a question mark on her here.

Of course, in addition to Yin Tao, there are two actresses with special leading roles, which also give Wu Jinyan a headache. One is Liu Mintao and the other is Zuo Xiaoqing.

Now when it comes to Liu Mintao, everyone smiles. The hottest thing in the entertainment circle this year is the wind coming from my sister, and one of the main boosters who can make this wind blow to the peak is Liu Mintao. In a party, Liu Mintao wore a red dress and sang "Red High Heels". The intoxicated and swaying state released her feeling of self, which made many netizens shout true, fun and interesting. Liu Mintao’s own personality is also very different from the role she created. In reality, she is an independent woman who dares to love and hate, divorced decisively in pursuit of freedom, and looked for herself. However, she can play a big sister in the play, or a thoughtful quiet princess with full role-shaping, which makes her acting skills highly recognized by everyone.

Another Zuo Xiaoqing, it seems that in the eyes of today’s young audience, she doesn’t produce much, won many prizes, and is not particularly famous, but you know, she is Chen Daoming, who has been rubbing her hands in the entertainment circle for many years and has always had a particularly good reputation, and she is the only actress who has had an affair. In 2003, Chen Daoming’s mobile phone chose the heroine, and Chen Daoming saw Zuo Xiaoqing who was very similar to his wife Du Xian when she was young. Later, two people starred in two works, Divorce in Chinese Style and Eating Hard. An actress who can make Chen Daoming "go to sea" expects that her strength should not be too bad in any way.

Wu Jinyan has to face these three actresses. Although an actor who doesn’t want to be the protagonist is definitely not a good actor, whether he can chew this hard bone or not depends on the strength and opportunity of the actor himself. Trade rashness always stands in the center, self-righteous, but maybe the final result is exactly the opposite of what you expected. On-Moon Arc

　　BEIJING, Dec. 8 (Xinhua) According to the website of the Smithsonian Institution National Zoo in the United States on the 7th, according to the newly renewed agreement between the zoo and china wildlife conservation association, the American giant pandas Meixiang and Tiantian and their cubs Little Miracle will live in the United States until the end of 2023.

　　Image source: Screenshot of the Smithsonian Institution National Zoo website.

　　According to the website, Steven Monfort, John and adrianna Mars, directors of the Smithsonian Institution’s National Zoo and Biological Protection Institute, said in a statement, "We have long-term cooperation with our colleagues in China to study, care for and save giant pandas, and now we will cross the half-century mark."

　　Monfort also said, "I look forward to the next three years with millions of Americans, watching ‘ Small miracle ’ Growth has made greater progress in protecting giant pandas and our understanding of giant pandas. "

　　The picture shows Mei Xiang at the Giant Panda Pavilion. China News Service reporter Chen Mengtong photo

　　At the end of 2000, Mei Xiang and Tian Tian, a male giant panda, arrived at the National Zoo in Washington to start their career in the United States. "Meixiang" gave birth to six cubs from 2005 to 2015, of which three survived and grew up healthily, and all returned to China at the age of four.

　　The picture shows Mei Xiang at the Giant Panda Pavilion. China News Service reporter Chen Mengtong photo

　　On August 21, 2020, Mei Xiang, who just turned 22, gave birth to a "little miracle" in Washington. This is the first time that an American zoo has successfully conceived and delivered a panda through artificial insemination with frozen semen. "Meixiang" has also become the oldest panda born in the United States.

　　Korean War, Vietnam War and Afghanistan War … … Today, we will briefly review many wars launched by the United States after World War II and see what kind of war crimes this "world’s biggest source of chaos" has committed.

　　Korean War

　　Overview — — On June 25th, 1950, the Korean Civil War broke out. The Truman administration of the United States brazenly intervened with its Cold War mentality and ambition to dominate the world and contain communism, and rallied the so-called "United Nations forces" to launch an all-out war against the DPRK. On July 27, 1953, the Korean Armistice Agreement was signed, and the three-year Korean War ended.

　　Loss — — Although the Korean War was short but extremely bloody, more than 3 million civilians died and about 3 million people became refugees. According to the statistics of the DPRK, the war destroyed about 8,700 factories, 5,000 schools, 1,000 hospitals and 600,000 families, and 2 million children under the age of 18 were displaced by the war.

　　According to the data, the US military secretly carried out germ warfare in northern Korea and parts of northeastern China. U.S. Air Force captive O ‘Neill said in his confession: "The U.S. military chose to start germ warfare in winter … … Is to test the cold-resistant bacterial weapons we made in a special laboratory. The ultimate goal is to use these bacterial weapons in germ warfare against countries with cold climates such as the Soviet Union and people’s democratic countries. "

　　Voice — — "This is a wrong war with the wrong enemy in the wrong place and at the wrong time." Omar bradley, then chairman of the Joint Chiefs of Staff, said.

　　This is a Korean child who was injured in the Korean War. Xinhua news agency

　　Vietnam War

　　Overview — — In 1955, Vietnam War broke out. During the war, the United States fostered the pro-American regime in South Vietnam against North Vietnam. On May 14th, 1961, American "Special Operations Forces" invaded South Vietnam. On April 30, 1975, the last US helicopter left Saigon.

　　Loss — — The Vietnam War killed 2 million civilians and displaced more than 3 million refugees. The US military is throwing about 20 million gallons of defoliants (orange agent), resulting in 400,000 Vietnamese deaths and 2 million Vietnamese suffering from cancer or other diseases. The US military is still leaving behind about 350,000 tons of explosive bombs and mines, and it is estimated that it will still take 300 years to completely remove them.

　　In March 1968, American soldiers slaughtered more than 500 people, including men, women and children, in Mylai village, Vietnam’s generalized province. This was the Mylai village massacre that shocked the world. According to the Los Angeles Times, in addition to the massacre in Mylai Village, there were at least 320 other incidents in which American troops massacred Vietnamese civilians during the Vietnam War, killing nearly 700 civilians.

　　Voice — — Former US President Barack Obama said in a speech in front of the Vietnam War Memorial Wall in 2012 that the cost of war is huge, and it will cause serious casualties among innocent civilians. War itself is not glorious and should be rejected.

　　This is the wreckage of the US B-52 bomber displayed at the Vietnam Military Museum in Hanoi, Vietnam. Xinhua News Agency (photo by Gao Mengjin)

　　Kosovo War

　　Overview — — On March 24, 1999, NATO, led by the United States, brazenly bombed Yugoslavia under the banner of "preventing the humanitarian crisis in Kosovo" without the authorization of the United Nations, and the Kosovo war broke out. In June, NATO signed an armistice agreement with Yugoslavia, and Kosovo was temporarily entrusted by the United Nations.

　　Loss — — The war killed more than 2,000 innocent civilians, injured more than 6,000 people, displaced nearly 1 million people, and lost more than 2 million people’s livelihood, resulting in economic losses of more than 200 billion US dollars to Yugoslavia. According to statistics, NATO troops used at least 31,000 depleted uranium bombs, which led to a sharp increase in the incidence of cancer and leukemia in this region and had a long-term disastrous impact on the local and European ecological environment.

　　Voice — — German writer Michael Luders once wrote in his book that after the Kosovo War in 1999, NATO went beyond the principle of collective self-defense and launched a military operation against Yugoslavia, which caused civilian casualties in the name of humanitarianism. This shows that in the eyes of the United States and the European Union, human rights are only a secondary concern, especially when human rights standards are only applied to non-allies.

　　On February 19, 2008, in the center of Belgrade, the capital of Serbia, pedestrians walked past a building destroyed by air strikes during the Kosovo war. Xinhua News Agency reporter Wu Xiaoling photo

　　Afghanistan War

　　Overview — — After the September 11th terrorist attacks in 2001, the United States and its allies launched a military strike against Afghanistan in early October of that year on the grounds that the Taliban in Afghanistan refused to hand over Osama bin Laden, the leader of Al Qaeda, and quickly overthrew the Taliban regime and stationed troops for a long time. On August 30, 2021, local time, the last US military transport plane took off from Kabul International Airport. This "longest war in American history" ended in the sudden withdrawal of the US military.

　　Loss — — According to statistics, 47,245 Afghan civilians and 66,000 to 69,000 Afghan soldiers and policemen unrelated to the September 11th incident were killed in the US military operations, and more than 10 million people were displaced. The United Nations World Food Program issued a warning in 2021 that about 98% of Afghans do not have enough food, and Afghanistan is facing "avalanche hunger and poverty".

　　During the war, U.S. warplanes bloodbath Laccagni village in Panjiwai district of Kandahar province and launched air strikes against it, killing 63 villagers, including a family of 17 people, and injuring dozens. The day before the complete withdrawal from Afghanistan, the U.S. military fired missiles at a white car parked in the courtyard of a family in Kabul, killing a family of ten people, including seven children.

　　Voice — — "The killing of civilians, including children, by the US military in air strikes has exposed the hypocrisy of the so-called human rights defenders in the United States. The international community should condemn the US for trampling on human rights and bring the criminals to justice." A villager in Laccagni village expressed such anger.

　　On December 16, 2003, the US military patrolled Wardak province in central Afghanistan. The war in Afghanistan, which lasted for nearly 20 years, became the longest war in American history. Xinhua News Agency reporter Wang Lei photo

　　Iraq war

　　Overview — — In March 2003, the United States and its western allies bypassed the United Nations Security Council and invaded Iraq on the grounds that Iraq had weapons of mass destruction, despite the strong opposition of the international community. On August 18, 2010, the last US combat brigade left Iraq, marking the end of US military operations. On December 15, 2011, the United States officially announced the end of the US military mission in Iraq.

　　Loss — — The war made the land that gave birth to the civilization of the two rivers riddled with holes, resulting in the death of about 200,000 to 250,000 civilians, of which more than 16,000 were directly killed by the US military. According to statistics, the total number of depleted uranium bombs exploded in Iraq exceeded 3,400 tons. Today, there are still about 25 million mines and other explosive remnants to be removed in Iraq. The Iraq war also broke the balance between the political forces in the Middle East after the Cold War, making the people’s livelihood in the region miserable and chaotic.

　　In November 2003, the Iraqi citizen Ala Karim Ahmed was arrested and imprisoned by the US military. In prison, American soldiers used police dogs, whips and shackles to force him to confess. According to Alla Karim Ahmed, at that time, the prison was often attacked by mortars from anti-American armed men. The US military could hide in bunkers, and the detainees had to resign themselves to fate. A shell landed in the prison, killing 37 people and injuring 104 others. In 2004, the photos of American soldiers abusing prisoners in Abu Ghraib prison in Iraq were exposed, which shocked the world.

　　Voice — — The website of Atlantic Monthly published an article: "Americans never really understand the cost of war, but they continue to fight. Only Iraqi civilians know the geometry of the cost of war."

　　A citizen of Baghdad, the capital of Iraq, once said sadly: "The United States has set Iraq back for 100 years."

　　On April 14th, 2003, dozens of American Black Hawk and Apache helicopter gunships arrived in Kuwait to take off from the port of Kuwait City to reinforce the Iraqi front. Xinhua News Agency reporter Li Xiaoguo photo

　　[Syrian War]

　　Overview — — When the Syrian civil war broke out in 2011, the United States and its western allies strongly supported the opposition armed forces and tried to overthrow the Syrian government. In September 2014, the United States initiated the formation of an international alliance to combat the extremist organization "Islamic State", expanded the scope of air strikes against the target of "Islamic State" from Iraq to Syria, and established several military bases in eastern Syria. Since 2017, the United States has launched an air strike against Syria on the grounds of "preventing the Syrian government from using chemical weapons."

　　Loss — — From 2016 to 2019, Syria recorded 33,584 civilians who died in the war. Among them, 3833 people were directly killed by the bombing of the United States-led Coalition forces, half of whom were women and children. According to the American public television network, the so-called "most accurate air strike in history" launched by the US military alone killed 1,600 Syrian civilians. The war has caused the people’s livelihood in Syria to wither. According to a survey conducted by the World Food Program in April 2020, about one-third of Syrians do not have enough food, and 87% of them have no savings.

　　Voice — — Wada Issa, a Syrian political activist, once said: "They (the United States) steal our resources here, create chaos and wreak havoc, and even have the nerve to call themselves suffering the Syrian people ‘ Savior ’ 。”

　　On September 1, 2016, several Syrian children sat in front of the Harjele refugee camp in the southern suburbs of Damascus, the Syrian capital. Xinhua News Agency reporter Yang Yushe

　　According to the data of the "War Cost" project of Watson Institute of Brown University in the United States, the total number of military and civilian deaths caused by the war launched by the United States in the "post-9.11 era" is as high as 929,000, and at least 38 million people have been displaced, and this is only a "very conservative estimate", and the actual number may be between 49 million and 60 million.

　　In addition to directly launching or participating in wars, the United States frequently interferes in other countries’ internal affairs by directly or indirectly supporting proxy war, inciting other countries’ civil wars, providing weapons and ammunition, and training anti-government armed forces, which seriously damages the social stability, public safety and healthy economic development of the countries concerned.

　　"The biggest source of chaos in the world", the United States deserves its name!

　　Reporter: Sun Nan.

　　Editor: Liu Yuanyuan

CCTV News:On August 1st, 53 new confirmed cases in COVID-19 were reported, including 30 cases in Jiangsu, 12 cases in Henan, 4 cases in Hunan, 3 cases in Yunnan, and 1 case in Fujian, Shandong, Hubei and Ningxia. Recently, the epidemic originating from Nanjing Lukou Airport has spread to many places in China. In addition, there are epidemics in Henan, Fujian and other places, and all localities are constantly upgrading their control measures while conducting emergency screening.

Strict access to Beijing management scenic spots is open according to 60% flow restriction.

According to the Beijing Center for Disease Control and Prevention, from 0: 00 to 16: 00 on August 1st, two confirmed cases of local COVID-19 and one asymptomatic infected person were newly added in Beijing, all of whom came from the same family in Zhangjiajie, Hunan Province. Beijing held a press conference on August 1st, advising the public to minimize their activities out of Beijing, including traveling to Beijing, and explicitly demanding that parks, scenic spots and historical sites be opened according to 60% current restriction.

Zhangjiajie, Hunan: Strengthening the management of the community, in principle, no going out.

Tourism professionals, a new confirmed case in Xiangxi Autonomous Prefecture of Hunan Province on July 31st, was a close contact of five confirmed cases in Huai ‘an Tourism Group of Jiangsu Province on July 26th. At present, many secret connections of the tour group have been diagnosed.

According to official reports, Zhang Moumou, a newly confirmed case in Yinchuan yesterday, is a close contact of a confirmed case in Chengdu. According to Hunan’s announcement today, Zhang Moumou is the director of the program "Xiang Yu Tao Hua Yuan" and has worked in nine performances. The 777 spectators who watched these 9 performances are currently at high risk.

Zhangjiajie issued a notice on August 1 to strengthen the management of the community. In principle, it is not allowed to go out. At present, all nucleic acid detection points in the city have set up special channels for emergency free nucleic acid detection tourists. Visitors need to complete three nucleic acid tests before leaving Zhangjiajie. COVID-19 vaccination for people aged 15 to 17 was launched in Hunan today.

Sichuan: Of the 10 cases, 9 were homologous to the Nanjing epidemic strain.

Recently, there were 8 confirmed cases in COVID-19 and 2 asymptomatic infections in Mianyang, Luzhou, Chengdu and Yibin in Sichuan. As of July 31st, the province has designated six medium-risk zones.

Yangzhou, Jiangsu: Adjust the risk level and suspend domestic flights in and out of Yangzhou.

On July 31st, Yangzhou, Jiangsu Province, 12 local confirmed cases were added. In this round of epidemic, 28 local confirmed cases were reported. Since August 1st, Yangzhou City has added eight medium-risk areas, and many other areas have been adjusted from medium-risk areas to high-risk areas.

In addition, since August 1, Yangzhou has completely suspended domestic flights to and from Yangzhou. Passengers leaving Yangzhou through the railway station under the jurisdiction of Yangzhou (excluding transit) must provide negative proof of nucleic acid test and green code of health code within 48 hours. The entrances and exits of 20 expressway toll stations around Yangzhou are closed. The bus, taxi, network car and ride services in the main city of Yangzhou were suspended.

Zhengzhou, Henan Province: Closed-loop management of hospitals involved in the epidemic caused by Delta strain.

On July 31st, there were 12 new confirmed cases in Henan, all in Zhengzhou. Zhengzhou CDC introduced on the 31st that the epidemic was caused by Covid-19 Delta strain, which mainly occurred in the hospital and showed a state of local spread. At present, Zhengzhou Sixth People’s Hospital has implemented closed-loop management and stopped diagnosis and treatment. Zhengzhou city is carrying out all-staff nucleic acid testing to ensure that all inspections should be completed.

According to the development characteristics of the current epidemic, Feng Zijian, a researcher at China CDC, said that the epidemic was first imported through Nanjing Lukou Airport and further spread. It is preliminarily judged that the first case in Zhangjiajie is related to the epidemic situation in Nanjing Lukou Airport, and the cases or infected people spread to Zhangjiajie, Hunan Province, and then infected others through tourist attractions and large-scale performances, which led to further virus spread and spread.

The average daily search volume of Xiaohongshu reaches 600 million times! According to media reports, the average daily search volume of Xiaohongshu in the fourth quarter of 2024 has approached 600 million times, while in mid-2023, this figure was only 300 million times. In more than a year, the search volume of Xiaohongshu has doubled. At present, Baidu’s daily average search volume is slightly higher than 1 billion times, and the search volume of Little Red Book is almost half that of Baidu.

According to the China Search Engine Market Share Report released in May 2024, Baidu ranked first in the mobile phone market share, close to 70%, while Bing ranked second with only 14%. However, on the computer side, Baidu’s market share has fallen behind that of Bing, which is close to 46% and Baidu is about 25%. This shows that the market share of mobile search engines is very important to Baidu.

Judging from the current growth rate of Xiaohongshu, if the market structure changes, Xiaohongshu may surpass Baidu in the next year and become the leader in the domestic search industry.

On January 24th, the People’s Bank of China decided to reduce the deposit reserve ratio of financial institutions by 0.5 percentage points from February 5th, 2024 (excluding financial institutions that have implemented the deposit reserve ratio of 5%). After this reduction, the weighted average deposit reserve ratio of financial institutions is about 7.0%. Since January 25, 2024, the interest rates of agricultural refinancing, small-scale refinancing and rediscount will be lowered by 0.25 percentage points respectively.

At the same time, the central bank announced the RRR cut and interest rate cut. What is the impact on the market? The Paper reporters collected the opinions of Bosera Fund, CITIC Prudential Fund, Xinyuan Fund, Chuangjin Hexin Fund, China Merchants Fund, Morgan Asset Management, and HSBC Jintrust Fund immediately after the market closed. Most public offerings believed that the RRR cut was conducive to the stabilization of the capital market, boosting the fragile capital market sentiment and coordinating with future fiscal policies, and also conducive to smoothing the pressure of the Spring Festival withdrawal and the pressure of post-holiday capital return in advance.

Shen Chao, macro and strategic analyst of HSBC Jintrust Fund, said that the RRR cut has a neutral impact on the stock market as a whole, but the stock market is in a historically low range, and the policy of steady growth such as RRR cut will help reverse the pessimistic expectations of the market, so this RRR cut has a positive impact on the stock market.

Gan Jingyun, a macro analyst of Chuangjin Hexin Fund, also believes that the increase in the valuation of the overall favorable equity assets will have a relatively greater impact on small-cap stocks; Bond yields will decline rapidly, but the follow-up may usher in a favorable take profit.

Jiang Xianwei, a senior global market strategist at Morgan Asset Management, believes that the central bank’s forecast of RRR cuts and accurate interest rate cuts will, on the one hand, implement the central economic work conference’s policy of "being flexible, moderate, accurate and effective, and promoting the steady decline of comprehensive social financing costs"; on the other hand, it will alleviate the slightly tight liquidity before the traditional Chinese New Year, which is more expected to promote the convergence of capital interest rates to policy interest rates, and then combine fiscal policy coordination to support credit growth, consolidate and strengthen the economic recovery to a good trend.

Bosera Fund: This RRR cut is conducive to the stabilization of the capital market.

This RRR cut is one of the monetary policy measures to deal with the lack of economic demand. Considering the current economic and corporate profitability, the market has strong expectations for monetary policy easing in the near future. This RRR cut is conducive to stabilizing the market’s expectations for monetary policy, reducing the financing costs of financial institutions and the real economy, and stabilizing the capital market.

The subsequent development of the stock market depends more on the auction market and its delivery, and also on the progress of capacity control and digestion in some industries. In the medium term, these two problems will be solved. Considering the current valuation position of the market, we are optimistic about the performance of the market in the medium term.

CITIC Prudential Fund: The short-term end of the interest rate curve may be expected to usher in a repair market.

At this time, the "RRR cut and interest rate cut" has the following purposes: First, guide LPR to continue its downward trend and strengthen the effectiveness of credit support entities. Restricted by the bank’s interest margin, LPR’s quotation did not go down in January, but the beginning of the year was the peak of credit supply. At this time, further reducing the bank’s debt-side cost through these measures will help the credit to grow faster.

Second, the Spring Festival is a tense stage in liquidity in the banking system, and residents have a great demand for cash. At this time, putting in long-term funds by lowering the RRR will help to stabilize the fluctuation of funds around the Spring Festival and stabilize the liquidity of financial markets at the end of the year and the beginning of the year.

Third, the capital market has fluctuated greatly recently, and the society has a high voice for the introduction of strong measures at the policy level. The central bank announced the policy on the spot at the press conference in response to market concerns.

After the release of the relevant policies of the central bank, the bond market’s concerns about cross-Spring Festival liquidity may be significantly alleviated. Recently, the price of inter-bank funds is still high, the operating balance of the central bank’s open market is large, the market’s expectation of long-term funds is unstable, and the interest rate curve shows a flattening trend. With the RRR cut, the pressure on the long-term liabilities of the banking system may be improved, the capital surface may be more stable, the allocation value of the bond market will be further consolidated, and the short-term and medium-term ends of the interest rate curve may be expected to usher in a repair market.

Xinyuan Fund: There is a high probability that the equity market will improve in March and April.

After the central bank’s excess parity continued to be MLF in January, the market’s expectations for RRR cuts and interest rate cuts all declined, and this RRR cut exceeded market expectations at the time. At the same time, due to the limited space for RRR reduction, the previous four RRR reductions were only 25BP, and this round of one-time RRR reduction was 50BP, which also exceeded market expectations. In addition, in the past, most of the RRR cuts were officially released by the central bank after Friday’s close. This time, the RRR cut was released by the central bank governor at a press conference in the middle of the week, and the way of release exceeded expectations.

In the bond market, it is expected that there will be downside in the short end in the future, and the long end may continue to fluctuate and the curve will be steep. The two most important functions of RRR reduction are to boost the confidence of the equity market and prepare for the large-scale issuance of government bonds. President Pan said that there is sufficient room for monetary policy to maintain reasonable and sufficient liquidity, support the large-scale centralized issuance of government bonds and support the centralized construction of projects, which means that the funds will be guaranteed during the large-scale issuance of government bonds.

The stability of funds opens up space for the loosening of short-term, but the issuance of government bonds and the centralized construction of projects are not very friendly to long-term. It is expected that the short-term yield of the bond market will open the downside but the long-term yield will remain volatile.

In the equity market, the RRR cut boosted market confidence in the short term, but the long-term trend of the market was less affected by the RRR cut. In the short term, the market may continue to fluctuate at a low level, but after the Spring Festival, especially in March and April, the equity market may change to some extent.

China Merchants Fund: Structural interest rate cuts and RRR cuts have played a two-pronged role.

Li Zhan, chief economist of China Merchants Fund Research Department, said that the RRR cut now indicates that the countercyclical adjustment policy has begun to exert its strength, and the wide currency and the release of 1 trillion yuan have kept the market liquidity abundant, and with the wide finance, the special bonds and government bonds in the first quarter can be issued as soon as possible; Structural interest rate cuts and RRR cuts have played a two-pronged role, which is not only conducive to expanding the demand for loans in the real economy, but also conducive to boosting stock market confidence and helping to repair risk appetite.

The decline at the beginning of the year is mostly due to the influence of micro-liquidity and market confidence. The obvious improvement of macro-liquidity and the increase of domestic institutional investors’ holdings are important measures to reverse expectations. After this RRR cut, the lack of liquidity is basically eliminated, and the market may stabilize and gradually repair.

In 2024, A-shares are still expected to stabilize mainly by shocks, and the overall security margin of the market is high, so there will be structural opportunities. In 2024, the macro-monetary and fiscal policies were launched in time, and the endogenous growth resumed. The overall valuation of the current A-shares was already very low, the percentile of the valuation of important indexes was already lower than the bottom of the past several markets, and the valuation of the Growth Enterprise Market was even at the bottom of history. The indexes such as the equity risk premium rate were also in the extremely low range, and the margin of safety was high. We can focus on grasping structural opportunities such as high dividend strategy, technological innovation, reversal of consumption dilemma and supply-side reform.

Chuangjin Hexin Fund: Downgrading the overall valuation of favorable equity assets.

Gan Jingyun, a macro analyst of Chuangjin Hexin Fund, also believes that the increase in the valuation of the overall favorable equity assets will have a relatively greater impact on small-cap stocks; Bond yields will decline rapidly, but the follow-up may usher in a favorable take profit.

The RRR cut is conducive to improving liquidity expectations, benefiting the sectors that are greatly affected by liquidity, and it is also the target of recent oversold. It has the conditions for oversold rebound, mainly including technology growth TMT, small and medium-sized stocks, Hang Seng Technology, etc. It can pay attention to consumer electronics and chips that are logically pointed by the supply side of the inventory cycle, and the policy is biased towards high-tech and traditional Chinese medicine with high structural prosperity.

In addition, if the RRR cut and the subsequent comprehensive financing cost reduction and other wide monetary policies promote wide credit, it will help improve growth expectations, so the pro-cyclical sector will also benefit. From the historical experience, the pro-cyclical sectors such as real estate, finance and building materials have been boosted after the RRR cut, and we can pay attention to coal, electricity and infrastructure that are both performance scarce and policy-friendly in the pro-cyclical period.

Morgan Asset Management: China assets may usher in an upward opportunity

Jiang Xianwei, senior global market strategist of Morgan Asset Management, believes that in December last year, the Central Economic Work Conference put forward economic construction as the center, emphasizing "striving for progress in stability, promoting stability with progress, and breaking first", indicating that the policy tone in 2024 may be biased; Domestic inflation has been negative for three consecutive months, and the Federal Reserve has not started the interest rate cut cycle, and the domestic real interest rate level is higher than that of the United States. It is expected that there will still be room for RRR cuts and interest rate cuts during the year; In mid-January, the economic data of the fourth quarter and December of 2023 released by the National Bureau of Statistics showed that the domestic economy continued to pick up, the recovery trend remained unchanged, and the market expected more favorable policies to be introduced; On January 22nd, the central bank kept the 1-year and 5-year LPR interest rates unchanged, slightly lower than market expectations.

Judging from the external environment and the profitability fundamentals of listed companies, there has been some improvement compared with last year, and the market was relatively volatile in the early stage. First, the first quarter was in the blank window of financial reports, and corporate profits have not yet been realized. Second, the market expected new favorable policies in the new year. The central bank’s forecast of RRR cut and accurate interest rate cut, on the one hand, has implemented the policy of the Central Economic Work Conference that monetary policy should be "flexible, moderate, accurate and effective, and promote the comprehensive financing cost of society to decrease steadily", and on the other hand, it can alleviate the slightly tight liquidity before the traditional Lunar New Year, which is more expected to promote the convergence of capital interest rate to policy interest rate, and then combine with fiscal policy coordination to support credit growth, consolidate and enhance the economic recovery, which is more conducive to boosting market sentiment. It is expected that more sectors will make profits.

HSBC Jintrust Fund: The policy of steady growth such as RRR cut will help to reverse the pessimistic expectations of the market.

Shen Chao, a macro and strategic analyst of HSBC Jintrust Fund, believes that this RRR cut is an important signal to strengthen the policy of steady growth, and the single release of trillion liquidity also shows that this steady growth is stronger than the previous period. At present, there are still twists and turns on the road to macroeconomic recovery. This RRR cut will help to increase the stable source of funds for financial institutions and reduce the debt cost of banks, which will help banks to increase capital investment in the real economy and reduce the financing cost of the real economy, thus consolidating the economic recovery. For the market, historically, the RRR cut has a neutral impact on the stock market as a whole, but at present, the stock market is in a historically low range, and the policy of steady growth such as RRR cut is helpful to reverse the pessimistic expectations of the market, so this RRR cut has a positive impact on the stock market.