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Remember at the group reunion： ＂Cephalosporin drinks and leaves when you say it!＂ Three cases have been received in a row in half a month!

Near the end of the year
Many people get together in the wine shop.
however
The emergency room of the hospital is also "lively".
"Cephalosporin with wine, leave when you say it."
The warning is highlighted again!
"doctor! Doctor! Quick, quick, quick … "A few days ago, with the rapid footsteps, a 60-year-old male patient came in at the entrance of the rescue room of Ningbo Traditional Chinese Medicine Hospital. I saw him.Pale face, hands over his chest, has been asthma, retching.,I smell of alcohol.
A check, the old man.Blood pressure 60/40mmHg(the normal value is 90-140/60-90mmHg),Heart rate 130 beats/min(The normal value is 60-100 times/minute). The accompanying family members anxiously asked the doctor, "The old man is usually in good health. Why?"Have a good meal and that’s it.? "
The attending doctor inquired about the patient’s medical history in detail.It turned out that the old man had a cold and fever the day before, and he was given intravenous infusion in the hospital and cephalosporins..At noon that day, comrades-in-arms were happy to get together and drank some wine, which became like this …
Doctor’s decision: This is typical. "Disulfuron-like reaction"So he immediately gave symptomatic rehydration treatment to the elderly. Soon, the patient’s symptoms eased and he went home to observe.
Dr. Long Kangjian from the emergency department of Ningbo Traditional Chinese Medicine Hospital said: "Fortunately, this uncle delivered it in time, so it did not cause serious consequences. Every year, people are sent to the emergency department for drinking after taking medicine, and some of them are even life-threatening.In the past half a month, this is the third patient with’ Disulfiram-like reaction’ that we have encountered."
What is "Disulfuron-like Reaction"?
Drinking alcoholic drinks after using drugs will lead to the accumulation of acetaldehyde in the human body and cause toxic reactions. It can be manifested as flushing, conjunctival congestion, pulsating headache, nausea and vomiting, dyspnea, chest pain, myocardial infarction, hypotension shock, acute heart failure, liver injury and even death.
According to related literature reports,Disulfiram-like reaction induced by cephalosporins is closely related to drinking up to 99%.The reason is related to the chemical structure of the drug.
In recent years, there have been many reports related to this, but people still often get caught.
So, how long can I drink after taking cephalosporin? The medical profession has a clear answer to this:
If you take cephalosporin first, it is recommended to take it for 6 to 7 days before drinking.Ensure that all drugs in the body are metabolized. Another situation is thatAfter drinking wine first, it is more appropriate to take cephalosporin after 3 days.Because for most people, alcohol is almost completely metabolized after 3 days.
In addition to cephalosporin,Hypoglycemic drugs, antihypertensive drugs, cold drugs, sleeping pills, gastroenteritis drugs, antiallergic drugs, anti-angina drugs.wait forWill have some chemical reactions with alcohol.
The doctor reminded the general public that although the festive season is coming, the New Year’s Eve, the gathering of relatives and friends, and drinking can create an atmosphere, we must remember: take medicine without drinking, and drink without taking medicine, so as to avoid extreme joy and sorrow.
Finally, I present a group of people’s daily officials.
An inductive warning of the danger of taking "medicine+wine"
▼
From: ningbo evening news
Reporting/feedback
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Ministry of Finance： In 2023, the national lottery sales increased by 36.5% year on year.

　　[Dahe Finance Cube News]On January 30th, the Ministry of Finance announced the national lottery sales in December 2023.

　　First, the national lottery sales

　　In December, the national lottery sales totaled 53.284 billion yuan, a year-on-year decrease of 8.565 billion yuan or 13.8%. Among them, the sales of welfare lottery institutions was 17.476 billion yuan, an increase of 5.646 billion yuan, an increase of 47.7%; The sales of sports lottery institutions reached 35.808 billion yuan, a year-on-year decrease of 14.211 billion yuan or 28.4%. Mainly because of football in the same period last year.The base of the pulling factors of the event is high.

　　From January to December, the national lottery sales totaled 579.696 billion yuan, an increase of 155.044 billion yuan or 36.5%. Among them, the sales of welfare lottery institutions was 194.441 billion yuan, an increase of 46.311 billion yuan, an increase of 31.3%; The sales of sports lottery institutions reached 385.255 billion yuan, an increase of 108.733 billion yuan or 39.3%.

　　Second, the sales of lottery tickets by type

　　In December, lottery digital lottery sales reached 16.952 billion yuan, a year-on-year increase of 29.3%. The sales of quiz lottery tickets was 22.431 billion yuan, down 47.8% year-on-year; The sales of instant lottery tickets reached 10.224 billion yuan, a year-on-year increase of 214.4%; Keno lottery sales reached 3.676 billion yuan, a year-on-year increase of 47.3%. In December, the sales volume of digital lottery, quiz, instant lottery and Keno lottery respectively accounted for 31.8%, 42.1%, 19.2% and 6.9% of the total lottery sales, and the sales volume of video lottery was 140,000 yuan, an increase of 120,000 yuan year-on-year.

　　From January to December, the sales of lottery digital lottery tickets reached 176.803 billion yuan, an increase of 21.385 billion yuan or 13.8%. The sales of quiz lottery tickets was 246.476 billion yuan, an increase of 65.550 billion yuan or 36.2% year-on-year; The sales of instant lottery tickets reached 119.021 billion yuan, an increase of 59.574 billion yuan or 100.2%. The sales of Keno lottery tickets reached 37.394 billion yuan, up 8.534 billion yuan or 29.6% year-on-year. From January to December, the sales volume of digital lottery, quiz, instant lottery and Keno lottery respectively accounted for 30.5%, 42.5%, 20.5% and 6.5% of the total lottery sales. Video lottery sales reached 1.53 million yuan, up 930,000 yuan year-on-year.

　　Third, the sales of lottery tickets by region

　　In December, compared with the same period of last year, the lottery sales in various provinces in China were mixed, among which Hunan, Guangdong, Chongqing and Xinjiang increased more, increasing by 231 million yuan, 191 million yuan, 163 million yuan and 138 million yuan respectively. Jiangsu, Zhejiang, Shandong, and Sichuan saw a large decline, with a year-on-year decrease of 1.722 billion yuan, 1.106 billion yuan, 735 million yuan, and 659 million yuan respectively.

　　From January to December, compared with the same period of last year, lottery sales in all provinces in China increased, with Guangdong, Jiangsu, Zhejiang and Shandong increasing by 16.321 billion yuan, 12.946 billion yuan, 12.442 billion yuan and 10.832 billion yuan respectively.

　　Lottery agencies at all levels should closely follow and analyze new situations and new problems, effectively strengthen the issuance and sales of lottery tickets, and ensure the smooth operation of the market. Financial departments at all levels should further strengthen lottery supervision, actively create a good external environment, maintain market order, and promote the sustained and healthy development of lottery.

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The weather is going to change! Are you ready for the ＂cold magic＂ attack？ Shanghai will welcome rare heavy rain in winter before the Spring Festival.

The week ruled by the cold has finally passed.
However, the warm and humid airflow followed.
Umbrella will become
This week’s "personal belongings"
Affected by southwest warm and humid airflow
The cloud cover in this city is increasing gradually today.
Sunlight becomes a rarity.
There is mild haze before noon.
Minimum temperature in the morning
Near 4℃ of Xujiahui Station in the urban area
Some suburbs are between -2℃ and 0℃
East to southeast wind 4 ~ 5
The relative humidity is increased to 95%~50%
After the sun comes out
There was a marked increase in temperature in the morning.
But as the temperature rises, "visiting" together is
Southeast wind and water vapor
There is sometimes light rain around evening.
This week’s Shanghai
It will be warm and humid air flow.
A tug-of-war with cold air
In the next 7-8 days, there will also be continuous rainy weather in this city. The main precipitation periods appear from the night of January 31 to February 1 and February 4 to 5, with moderate rainfall and heavy rain in some areas. During the daytime from January 30th to 31st, the precipitation was generally weak, and most areas were foggy on the morning of 31st.
rain
The continuous rainy weather started from the evening of January 29th to the night and lasted until February 6th. It turned cloudy to cloudy on the 7th. It is estimated that the main precipitation periods will occur from the night of January 31st to February 1st and from February 4th to 5th, each with a moderate rain process and heavy rain in some areas. There was intermittent precipitation during the day from January 30th to 31st, and the rainfall was generally weak.
In late January and early February in Shanghai, the daily precipitation is usually at the level of light rain or moderate rain, and there are few heavy rains and above. There will be two moderate rains in Shanghai in the next ten days, and the total precipitation is obvious.
temperature
In the next 10 days, the temperature will fluctuate slightly, with warm and wet in the early stage and cold in the later stage. The temperature is generally between 8 and 13℃ before 31st. There was weak cold air around February 2, and the temperature dropped below 10℃. On the night of February 4th, affected by cold air, the temperature reached a new level. It is estimated that the lowest temperature in Shanghai will drop to about 1℃ on the 9th and 10th.
National weather
With the adjustment of atmospheric circulation, the southwest warm and humid airflow is active, and under the joint influence of cold and warm airflow, there will be continuous rain and snow weather in the middle and east of China in the next 7-8 days, with heavy snow in some areas and heavy snow in local areas. Among them, from January 29 to 30, there was moderate to heavy rain and local heavy rain in central Jiangxi to western Zhejiang. From January 31, the Huanghuai-Jianghan area will gradually turn into snowfall, with heavy snow in some areas and heavy snow in some areas. It is expected that the boundary between rain and snow will extend south to central Jiangsu and central Anhui on February 5-6, and most of the south of the Yangtze River will be dominated by rainy weather.
The time is approaching the Spring Festival, and friends who have travel plans should pay close attention to the weather changes, make reasonable arrangements and make early preparations.
Weather warning
Rainy and low visibility weather
Have a great impact on traffic and travel.
The large-scale rain and snow weather in central and eastern China and the continuous rainy weather in this city have great influence on traffic travel.
At present, it is in Spring Festival travel rush, so please know the weather conditions in time before going out, especially the early warning of bad weather such as rain, snow and freezing, and make preparations in advance. Rainy days make the road slippery, so slow down when driving. Pay attention to the influence of foggy weather on traffic on the morning of January 31.
Rainy weather
Have a certain impact on public life
In rainy weather, it is necessary to do a good job of dehumidification at home, and it is appropriate to open the window for ventilation during intermittent rainfall. Rainy weather is easy to make people feel depressed, so pay attention to emotional adjustment. The weather is cold in the later period, so we should still pay attention to keep warm.
Approaching the new year
Everyone should pay attention to the latest weather in time.
Rain gear is always around.
Pay more attention to changes in temperature and warmth.
Synthesized from Shanghai weather release
Source: Shanghai News Broadcasting
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Is it a strong car company or an industry trend to pay for unlocking new functions？

　　Want the wheel steering angle to be larger, the seat to be heated automatically and the vehicle to be started remotely … … The functions that come with these cars don’t cost extra but can’t be used. Recently, the paid subscription function launched by several car companies has sparked heated discussions. Netizens spit out: Will the accelerator pedal and steering wheel also be paid for subscription in the future? I even questioned that this was arbitrary charges. What do car companies, industries and lawyers think about this?

　　reveal

　　Mercedes-Benz remote start-up renewal fee is 898 yuan.

　　"The validity period of your remote interconnection service is coming to an end. From now on, the highest discount for remote products is 400 yuan, and you can enjoy the three-year remote engine start with the original price of 1,298 yuan for only 898 yuan … …” Recently, some netizens broke the news that when his vehicle remote start function was about to expire, he received such a "preferential" message from Mercedes-Benz.

　　The Beijing Youth Daily reporter noticed that this is not the first time that Mercedes-Benz has been exposed to the function of using vehicle configuration and needs to pay extra. Earlier, a Mercedes-Benz owner also received a short message reminding him that Mercedes-Benz’s brand-new high-tech customized navigation has been launched, and it can be upgraded in a 4S shop. It only takes "1998 yuan" in three years.

　　In July, Mercedes-Benz launched the rear-wheel steering payment, and it is understood that the EQS 450＋+Pioneer version of Mercedes-Benz launched a "paid subscription" project. After paying 4,998 yuan, the owner can enjoy the rear-wheel steering function for one year. The active steering angle of the rear wheel of the vehicle will increase from 4.5 degrees to 10 degrees, and the turning radius will be reduced to 10.9 meters. For eligible models, a three-month free experience will be provided, and the functions that come with the vehicle will cost extra money to use. These operations have to make consumers suspect that they have been "cut with leeks".

　　respond

　　I will remind you before the three-year free period expires.

　　Mercedes-Benz customer service said that the basic service will be free for three years after the remote interconnection service function is activated from the date of car purchase and invoice issuance, otherwise it will not be used, so the owner will receive the corresponding text message. The remote interconnection service has the functions of checking the vehicle status and remotely unlocking. This service is related to the model and configuration of the vehicle, some can be purchased separately, and some can’t.

　　As for how to know in advance that you need to pay in order to use this function, the customer service said that in general, the owner is notified by SMS. "The Internet store will send a text message to remind that the service is about to expire. If this function is enabled, there will be a text message reminder when it is about to expire."

　　The customer service also told the reporter of Beiqing Daily that it was not clear whether the subsequent charges for this service were stated in the car purchase contract. "This belongs to the sales process." Because you need real-name authentication to activate when you buy a car, it is through the system operation in the dealership, so there will be a reminder of payment when you activate it, which is usually informed by sales.

　　She also suggested that car owners go to the store of Mercedes ME APP bound by real-name authentication to check the functions and use of the corresponding paid products. In "My Garage", you can see the basic services that the vehicle has been activated, such as the remote start that can be used for three years for free, and you will receive SMS reminders when it is about to expire.

　　industry

　　A number of car companies test water and pay subscriptions.

　　According to public reports, as early as 2016, Tesla proposed software subscription services such as fully automatic driving and seat heating. All ex-factory models have embedded automatic driving hardware, and users can choose whether to turn on this function according to their needs. In 2021, autonomous driving will be officially launched at a monthly fee of $199 per month. By the end of the second quarter of 2022, more than 100,000 Tesla owners had used the fully automatic driving test version function in North America. It can be said that Tesla pioneered the mode of hardware embedded+paid activation software.

　　According to its financial report, in 2021, Tesla’s services and other businesses, including autonomous driving software, achieved revenue of 3.802 billion US dollars, up 65% year-on-year, accounting for 7.06% of the total revenue. Software payment has gradually become an important part of Tesla’s revenue.

　　Many car companies began to reproduce the business model of paid subscription system, and rose from software to hardware.

　　BMW has pre-installed hardware in some vehicles when they leave the factory. Recently, it announced the launch of paid subscription services such as seat heating, steering wheel heating, CarPlay and safe assisted driving in countries such as South Korea, which also caused heated discussion. However, BMW’s paid projects currently only exist in overseas markets. It is understood that BMW once launched a project in China that cost money to choose CarPlay and had to subscribe again when it expired, but it ended up being cracked.

　　In addition, domestic new car manufacturers Weilai and Tucki have also joined the ranks of offering paid subscriptions. However, at present, consumers generally hold a wait-and-see and even skeptical attitude towards the paid subscription services launched by car companies.

　　investigation

　　Which is more cost-effective, paid subscription or single purchase?

　　Regarding the problems behind car subscription payment, Chang Yan, who is certified as a well-known car blogger, said in a live broadcast entitled "Peeking into" Car Payment Subscription "that on the one hand, consumers are more accepting of software payment than hardware. For example, the rear wheel steering belongs to the hardware of the car, which is already in the car. If you have to spend money to use it, you will feel unreasonable. On the other hand, the services provided by paid subscriptions are relatively rudimentary and basic, and cannot be differentiated, and consumers will think that car companies are "cutting leeks".

　　"In fact, consumers are willing to pay for autonomous driving, and they also bought hardware first. Then pay for the software. For example, Tesla, the self-driving chip actually paid the fee when buying a car. " He suggested that you can calculate an account for the paid function, and whether it is more economical to use it according to the subscription system than to buy it alone. For example, BMW recently launched a paid subscription package for seat heating, and the price is several hundred yuan per month. The buyout function needs 20 thousand yuan and can be used for about 100 months. In most parts of China, the use of the heated seat function means two or three months in winter, and even some areas are hot all the year round and do not need the heating function. If this is calculated, the subscription function may be more cost-effective.

　　Chang Yan said that he personally prefers to pay for subscriptions, which can be stopped at any time. Try some functions before you decide whether you need to spend money to subscribe. If you don’t want to subscribe, you can turn it off.

　　remind

　　Crack hidden dangers of software for free.

　　For paid subscriptions, many netizens are worried about whether the price will increase or whether members will have to spend money to become super VIP. Some people even said that in order to get free use, it is completely possible to crack the software.

　　Cracking the car has long appeared, including Tesla. Chang Yan introduced that some were hacked and some were broken by some hardware. Although this may bring more playability and performance improvement, it will make the car worthless. Tesla officials will lock these up and no longer provide services and related warranties. Moreover, some cracks are irreversible, which may damage the battery and other hardware of the car, thus affecting the value of the car.

　　Chang Yan also said that cars are related to our life safety. If they are cracked by unofficial institutions or third parties, there will be some security risks. If there is a problem and then go to the official repair, it will bring a lot of trouble, not worth the loss. For pricing, I believe the market will have a fair judgment, and with the development of the industry, it will gradually standardize.

　　interpret

　　If clearly informed or agreed, it is difficult to identify infringement.

　　Liu Bin, a lawyer of Beijing Zhongwen Law Firm, told the reporter of Beiqing Daily that from the current industry situation, there are two main ways to consume vehicle hardware: one is optional configuration, and the hardware configuration that consumers want is selected through prior agreement between consumers and manufacturers, and consumers make a one-time payment; The other is to subscribe to services in the form of subscription packages. With the further development of vehicle electronic functions, many car companies have launched such subscription services, such as active rear wheel steering, car entertainment, acceleration package and remote temperature control. Because there are a large number of electronic auxiliary functions in vehicles now, some car owners will not even use these functions after purchasing the vehicles, which can effectively reduce the cost of car purchase for car owners who do not use these functions frequently; For car owners who pay attention to these functions, they can purchase them selectively according to their needs. This subscription method increases consumers’ choice space, but this choice should be based on consumers’ right to know.

　　Liu Bin believes that the subscription payment method is an option for the payment method of vehicle hardware. It is difficult to identify the damage to consumers’ right to know on the premise that the dealer clearly informs consumers of this payment method and content or there is a clear agreement in the contract signed by both parties. If we only charge consumers by subscribing to the service, it just changes the way of charging. If there are no unfair price behaviors such as manipulating market prices and raising prices in disguise, it is hard to say that this kind of charging method is arbitrary.

　　If the services provided by car companies obviously violate the principle of fairness, it may infringe on consumers’ right to choose independently and fair trade. For example, a car company’s car entertainment service package subscription agreement stipulates: "We can change these terms at any time, change, add or delete the service or the functions contained therein, and also change the charging price of the service." This agreement expands the rights of car companies, exempts major obligations, and is suspected of infringing consumers’ right to fair trade and independent choice. This group/reporter Song Xia

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The outline of the long-term mechanism of the real estate market in the next city is gradually emerging.

　　"Rent and sell the same rights" to the next city. On the 17th, Beijing issued the Notice on Accelerating the Development and Standardized Management of the Housing Rental Market in this Municipality (Draft for Comment). According to the notice, children of eligible tenants, including Beijing residents and non-Beijing residents, will enjoy compulsory education in their districts.

　　In 2017, the real estate market in China ushered in a drastic change. Hot cities have stepped into the "five-limit" era with restrictions on purchases, loans, sales and businesses as the core, and the excessive rise in housing prices has been curbed. At the same time, with the expansion of the leasing market and the adjustment of land supply policies, the long-term mechanism of the property market has begun to break the ice and the outline is gradually emerging.

　　Promote the "simultaneous purchase and rent" and land one after another.

　　Beijing’s New Lease Policy released on the 17th pointed out that those who rent public rental houses and public houses directly under Beijing’s household registration can apply for registered permanent residence’s registration and relocation procedures according to the information registered on the housing rental supervision platform.

　　For non-Beijingers, school-age children can receive compulsory education in the same district if they meet the conditions of continuous single lease and actual residence for more than 3 years, registration on the housing lease supervision platform, and legal and stable employment of one spouse in the district for more than 3 years.

　　At the same time, a unified housing lease supervision platform and online trading platform will be established in the city. The leasing supervision platform will provide background data support for the online trading platform by linking the online trading platform, and the online trading platform will provide external services such as housing lease information release, online signing of housing lease contracts, housing lease registration and filing applications, transaction fund supervision, credit information inquiry of market entities, credit evaluation, etc.

　　"In the past, both Beijing-born and non-Beijing-born people could only choose to receive compulsory education in their domicile or real estate. The new lease policy in Beijing is ‘ The same right to rent and sell ’ The best embodiment. " Zhang Dawei, chief analyst of Zhongyuan Real Estate, said.

　　Beijing’s New Lease Policy also proposes that the people’s governments of all districts should strengthen the land security of rental housing according to the actual situation of each district, and increase the supply of rental housing by building rental housing on industrial parks and collective construction land according to the plan.

　　At the end of 2016, the 14th meeting of the Central Leading Group for Finance and Economics emphasized that it is necessary to accurately grasp the residential property of housing, take meeting the housing needs of new citizens as the main starting point, take the establishment of a housing system with both rent and purchase as the main direction, take the market as the main direction to meet multi-level needs, take the government as the main source to provide basic protection, give priority to local areas, and take multiple measures, such as finance, taxation, land and market supervision, to form a long-term institutional arrangement, so that all people can live and live.

　　In May this year, the Ministry of Housing and Urban-Rural Development publicly solicited opinions on the Regulations on the Administration of Housing Leasing and Sales. In July, nine ministries and commissions, including the Ministry of Housing and Urban-Rural Development, issued the Notice on Accelerating the Development of Housing Leasing Market in Large and Medium-sized Cities with Net Population Inflow, and selected 12 cities, including Guangzhou, Shenzhen, Nanjing, Hangzhou, Xiamen, Wuhan, Chengdu, Shenyang, Hefei, Zhengzhou, Foshan and Zhaoqing, to carry out housing leasing pilot projects in the first batch.

　　At present, in addition to Beijing, Guangzhou, Foshan, Wuhan, Shenyang, Shandong, Henan and other places have issued pilot programs to accelerate the development of the housing rental market. Take Wuhan as an example. At present, the city has chosen Wuhan East Lake New Technology Development Zone and Wuhan Economic and Technological Development Zone as the pilot areas for housing leasing. The Wuhan Housing Security and Housing Management Bureau takes the lead in organizing relevant units, and according to factors such as enterprise operation scale, financial strength, operation ability and credit, no less than five state-owned enterprises, five private real estate development enterprises and ten housing leasing enterprises are selected as pilot enterprises for large-scale operation of housing leasing, so as to achieve the landing of housing leasing projects by the end of 2017, with 7,000 newly leased houses with an area of not less than 300,000 square meters.

　　Adjustment of land supply mode has changed.

　　From initial purchase restriction and loan restriction, to price restriction, sales restriction, and then to business restriction, the hot city property market has entered the era of "five restrictions". According to statistics from the Central Plains Real Estate Research Center, since the fourth quarter of 2016, there have been more than 60 large and medium-sized cities in China, and more than 160 binding real estate control policies have been introduced.

　　In this context, the property market has turned from hot to stable, and the regulation policy has also shifted from restricting demand to increasing supply under the overall idea of "policy stability" and "checking for leaks and filling gaps".

　　In Beijing, increasing the supply of land for 70-year-old residential property rental will provide nearly 20,000 suites. In Shanghai, two low-priced "rent only but not for sale" plots were launched, requiring the transferee to hold the leased housing property as a whole and continue to rent it out during the transfer period.

　　The "Several Measures for Accelerating the Renovation of shantytowns (Draft for Comment)" issued by Shenzhen shows that Shenzhen will accelerate the promotion of "the implementation mode of shantytown renovation project led by the government+the implementation of state-owned enterprises+public housing" and support the construction of talent housing and affordable housing.

　　The "Several Policies and Measures on Supporting Millions of College Students to Stay in China for Entrepreneurship and Employment" issued by Wuhan proposes to ensure the realization of the goal of "retaining 1 million college students in five years". It is understood that in the future, Wuhan will build apartments with talents of more than 500,000 square meters every year, and within five years, it will reach the total scale of apartments with talents meeting the rental needs of 200,000 people.

　　"The land supply model has changed." Zhang Dawei predicts that the land supply in first-and second-tier cities will become more and more "price-limited+residential" in the future. Taking Beijing as an example, all residential land sold in 2017 will be price-limited or self-occupied. In this case, starting from the land supply, housing will be promoted to return to the residential property in an all-round way.

　　In addition to increasing the supply of rental housing land, accelerating the entry of land into the market is also one of the policy directions. Previously, the Beijing Municipal Commission of Housing and Urban-Rural Development issued the Notice on Handling Pre-sale Permits for Commercial Housing Projects, and published a list of 389 in-transit projects, emphasizing that "13 million square meters of land has been acquired but not started, and 9.5 million square meters have been started but not entered the market". The in-transit commercial housing projects need to speed up the development progress and form a supply of commercial housing as soon as possible.

　　Exploring the prototype of the long-term mechanism of the property market is gradually emerging.

　　After two rounds of intensive regulation and control since September 30th last year, the real estate market in first-tier and hot-spot second-tier cities has entered a stage of "stable price decline", and the momentum of excessive price increase has been curbed. Mao Shengyong, spokesman of the National Bureau of Statistics, said that after this round of regulation and control, the current overheating situation of China’s real estate market has been cooled to a certain extent, and the overall operation is stable. The situation of excessive housing price increase in first-tier cities and hot-spot second-tier cities has been controlled, and the demand for speculative and investment housing has been greatly reduced; Real estate destocking in third-and fourth-tier cities has been effectively promoted.

　　Mao Shengyong believes that in the later stage, we will increase regulation and control and pilot a long-term mechanism. He said that in the context of the pressure of rising housing prices in first-and second-tier cities and the high inventory in many third-and fourth-tier cities, especially county-level cities, it is time to strengthen the main responsibility of local governments and implement classified regulation according to local conditions. With all kinds of long-term mechanisms being tested and studied in various places and further expanded, the real estate market will usher in a more benign development in the future.

　　"China’s real estate regulation and control ideas have moved from short-term to long-term." Kang Junliang, director of the Legal Department of China Real Estate Association, said that from the perspective of the real estate industry itself, a long-term mechanism is on the way. Including the nationwide networking of housing registration information and land registration information, the establishment of a sound and market-oriented housing rental system, the establishment of a classified and regulated land supply mechanism and land supply structure, and the real estate tax system under legislation.

　　Kang Junliang said that information networking and real estate tax are basic systems. Through information networking, we can grasp the base and improve the pertinence and effectiveness of future policies. Real estate tax has a direct regulatory role in curbing excessive investment and speculation; Under the premise that the land supply and lease system will establish the dual-track system of market and security, the effective integration of housing market and housing security will be realized.

　　Kang Junliang said that in the future, the long-term mechanism of the property market will be gradually improved and formed, and localities will conduct pilot projects according to their own conditions. For example, it is the general trend for the pilot of residential leasing to expand from the previous 12 pilot cities.

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The real estate industry still has huge room for development.

Chen sheng
Recently, there have been many favorable policies and news in the real estate field, and there are also many discussions about the future development of real estate. This industry has indeed experienced some difficulties in a certain period of time, but it is largely staged and short-term. From the perspective and law of real estate history, the future of China real estate has great room for development.
At present, real estate accounts for about 7% of GDP, and the construction industry is only about 14%, which is lower than that of many countries. This means that there is still a lot of room for the development of the real estate service industry, which is the opportunity in the future. All kinds of real estate service industries, including financial leasing, real estate for subdivided tracks, space derivative services, stock renewal and leasing, brokerage, asset management, etc., still have great room for development, and even some tracks are in a state of short supply. The discussion on China real estate should not be limited to the balance between supply and demand, but also take into account the development space and opportunities of each track.
We can firmly believe in the growth of real estate and various derivative services, because the future of real estate will not stick to the current development model, but will be transformed into a new development model. So what is the new development model? The extensive development model of high scale, high leverage, high turnover and high debt in the past will develop into a new real estate model with product quality as the center, customer service as the core and people as the center. The new model requires us to return to the real estate products themselves. First-class housing enterprises that can lead the trend in the new era must have excellent quality, outstanding brand, modern governance and leading innovation.
The development of the real estate industry will never end. At present, it still maintains a trading demand of 10 trillion yuan, which is already a very large market. In addition, people’s pursuit for a better life and a green living environment is endless. The progress of science and technology, the improvement of aesthetics and the change of population structure can bring new opportunities to the development of real estate.
There may still be some difficulties to be solved now, but this is phased and cyclical. In 2022, the urbanization rate of China was 65.22%. According to the law of world development, before the urbanization rate reached 75%, almost no country had a sustained and irreversible bubble collapse in real estate. China’s urbanization development is expected to maintain an average annual growth range of 0.5% to 0.8%. Coupled with factors such as population migration between cities and economic recovery to drive residents’ housing consumption, the overall demand for medium and long-term rigid housing is sufficient. At the same time, there is a mismatch between the real estate inventory and the current demand in location, apartment type and quality, and the imbalance between supply and demand of high-quality housing and the structural shortage are prominent, which will also give birth to sustained incremental demand.
The demand for quality improvement will stimulate the new vitality of the market. Before 2000, there were 219,000 old urban residential areas in China, which were small in area, low in quality, poor in supporting facilities and inadequate in property management. Nearly 35% of families still lived in such a housing environment. The need to improve the living environment is still urgent. In addition, the peak circulation rate of stock houses in some countries is 5% to 6%, while in China it is only 1% to 2% at present. This means that we still have a huge room for improvement in this respect, and it is estimated that the average annual demand for improvement will exceed 8 million sets.
Relevant research shows that people have higher expectations and requirements for real estate products and services than before. The demand for healthy homes in the post-epidemic era and the evolution of new family structure mean that the industry has more possibilities for value-added. The birth of new demands and new functions, as well as the iteration of new technologies and new materials, will also bring continuous innovation vitality and development momentum to upstream and downstream enterprises in the industry, which is our confidence in the future.
At the same time, our real estate also contains strong structural growth potential. In the product-centered era, structural development opportunities mean that housing enterprises should make corresponding changes in time. The current development situation also confirms this point. Although some housing enterprises have experienced development difficulties, there are also a number of enterprises that insist on product quality to maintain steady development, and even some enterprises known for their projects have ushered in hot sales. It is undeniable that some old enterprises still face great pressure under the old model. On the one hand, we need to cut with the old model; On the other hand, it is necessary to build a new development track.
Housing enterprises should abandon the mentality of treating consumers as bill payers in the past, but take consumers as partners with common interests and adhere to people-oriented and customer-centered; We should return from the thinking of emphasizing finance and development to the thinking of specialty and customer-orientation, actively change the logic of enterprise management and real estate business development, build a product service system that starts with customer research and ends with customer experience, build a three-good system of good products, good services and good life, and run better service quality through the whole cycle of sales delivery. Only in this way can we always maintain a positive interaction with consumers and feed back the development momentum of enterprises with brand potential energy.
There are many possibilities for the future development of real estate by cutting the wrong model of the past and building a new development model. The key to the future development of housing enterprises is to adhere to the long-term goal, stabilize confidence, adhere to the people-oriented, product-oriented and service-oriented development model, and strive to create a good product, good community and good service. (The author is Dean of China Real Estate Data Research Institute) ▲
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Good! Meet the reasonable financing needs of real estate enterprises with different ownership equally

　　China Securities Network News (Reporter Yu Xiangming) According to china construction news WeChat WeChat official account News, on the morning of January 26th, the Ministry of Housing and Urban-Rural Development held a deployment meeting of urban real estate financing coordination mechanism. Party Secretary and Minister Ni Hong attended the meeting and stressed that the spirit of the Central Economic Work Conference should be thoroughly implemented, the coordination mechanism of urban real estate financing should be accelerated to take effect, the development and construction of real estate projects should be supported, the reasonable financing needs of real estate enterprises with different ownership systems should be met equally, and the stable and healthy development of the real estate market should be promoted.

　　The meeting pointed out that the establishment of urban real estate financing coordination mechanism is an important measure to implement the decision-making arrangements of the CPC Central Committee and the State Council, meet the reasonable financing needs of real estate enterprises with different ownership equally, and promote a virtuous circle of finance and real estate. The people’s governments of cities at or above the prefecture level should effectively play a leading and coordinating role, quickly establish and operate this important mechanism, timely judge the local real estate market situation and real estate financing needs, strengthen overall planning, refine policies and measures, build a communication platform between government, banks and enterprises, promote the accurate docking of real estate enterprises and financial institutions, and coordinate and solve the difficulties and problems existing in real estate financing.

　　The meeting emphasized that the orderly development and construction of the project is the basis for the stable and healthy operation of the real estate market and is related to the vital interests of the people. In view of the current financing problems of some real estate projects, all localities should focus on projects, study and put forward a list of real estate projects that can be given financing support, coordinate the issuance of loans by financial institutions within their respective administrative regions, and accurately and effectively support reasonable financing needs. Credit funds should be ensured to be operated in a closed way and used in compliance, and misappropriation should be resolutely prevented. At the provincial level, it is necessary to track and monitor the implementation and strengthen supervision and guidance. At the national level, an information platform for urban real estate financing coordination mechanism projects will be established, and weekly scheduling and monthly notification will be implemented.

　　The meeting demanded that we should adapt to the new situation that the relationship between supply and demand in the real estate market has undergone major changes, speed up the construction of a new model of real estate development, combine the long and short, treat both the symptoms and the root causes, and promote the stable and healthy development of the real estate market. It is necessary to adhere to the policy of the city, precise policy, one city and one policy, make good use of the policy toolbox, and fully give urban real estate regulation and control autonomy. Cities can adjust their real estate policies according to local conditions. It is necessary to work out the housing development plan, improve the housing supply system of "guarantee+market", establish a new linkage mechanism of people, housing, land and money, improve the basic system of housing life cycle, implement the construction of affordable housing, the construction of public infrastructure for emergency use and the transformation of villages in cities, and build a green, low-carbon, intelligent and safe house. It is necessary to rectify the order of the real estate market, rectify the chaos in real estate development, trading, intermediary and property, expose typical cases of violations of laws and regulations, and earnestly safeguard the legitimate rights and interests of the people.

　　The Central Economic Work Conference proposed to actively and steadily resolve real estate risks, meet the reasonable financing needs of real estate enterprises with different ownership equally, and promote the stable and healthy development of the real estate market. Accelerate the construction of affordable housing, the construction of public infrastructure for both ordinary and emergency use, and the transformation of villages in cities. Improve the relevant basic systems and accelerate the construction of a new model of real estate development.

　　The reporter noted that policy measures such as "meeting the reasonable financing needs of housing enterprises with different ownership equally" are being implemented. According to the latest data of the People’s Bank of China, by the end of 2023, five major banks, namely, industry, agriculture, China, construction and communications, had invested more than 30 billion yuan in development loans to non-state-owned housing enterprises.

　　"Recently, loans from financial institutions to private housing enterprises are increasing, and financing to support private housing enterprises is accelerating. It is expected that the financing support policies for private housing enterprises will be further strengthened in the later period, and the financing of private housing enterprises in development loans, operating loans and bond underwriting will continue to increase. " Liu Shui, director of enterprise research at the China Central Finger Research Institute, told reporters.

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Beijing’s real estate market sales are still sluggish, and house prices have loosened.


Information picture


　　BEIJING, Nov. 19 (Xinhua)-The Beijing Municipal Bureau of Statistics announced on its official website today the operation of Beijing’s real estate market from January to October. In October, Beijing’s real estate development activities resumed, but under the background of overall economic slowdown and strong wait-and-see mood of buying houses, the main indicators of the real estate market are still running at a low level.


　　First, development investment has rebounded, but the overall trend is still downward.


　　From January to October, the city’s investment in real estate development was 131.53 billion yuan, a decrease of 7.3% compared with the same period of last year, and the decrease was 0.8 percentage points lower than that in the previous three quarters. Among them, the construction in August and September was restricted, and the investment in development was 6.87 billion yuan and 11.16 billion yuan respectively, down by 56.8% and 36.7% year-on-year; The investment in development completed in October rebounded to 17.84 billion yuan, down 1.8% from the same month last year.


　　The progress of the project construction has not been significantly accelerated.In October, the progress of project construction was not accelerated on a large scale, and the number of projects with construction activities has not recovered to the level before the Olympic Games. The investment in Jian ‘an project was small: only 5.66 billion yuan was completed in October, down 36% from last October. From January to October, the investment in Jian ‘an project was 61.76 billion yuan, down 17.9% year-on-year, and the decline was 2.5 percentage points higher than that in the previous three quarters.


　　Second, the pace of market supply slowed down, and the completed residential area fell by over 30%.


　　The construction area and new construction area continue to decline.Since July, with the limited construction and the slowdown of land acquisition by enterprises, the growth rate of development area has dropped significantly. In October, affected by subjective and objective factors, the construction and new construction area continued to show a downward trend. At the end of October, the construction area of commercial housing in the city was 90.159 million square meters, down 5.7% from the same period of last year, and the decline was 3.4 percentage points higher than that at the end of September. Among them, the residential construction area was 49.829 million square meters, down by 7.9%. From January to October, the newly started area of commercial housing in the city was 17.087 million square meters, down 8%, and the decline was 6.5 percentage points higher than that in the previous three quarters. Among them, the newly started residential area was 11.398 million square meters, down 3.9%.


　　The completed area continues to decline.Since December of last year, the completed area has been declining continuously. From January to October, the completed area of the city was 14.237 million square meters, down 8.3% from the same period of last year. Among them, the completed residential area was 7.692 million square meters, down 32.1%.


　　Third, the market sales are still sluggish, and the role of affordable housing is obvious.


　　The wait-and-see mood in the real estate market is still strong.In late October, the Ministry of Finance and the Central Bank jointly issued a package of policies to encourage housing consumption. However, under the background of economic slowdown, the price of commercial housing is still beyond the affordability as a demand for self-occupation or improvement, and as an investment demand, the wait-and-see mood in the sales market is still strong when the expected risks outweigh the benefits in the future. From January to October, the sales area of commercial housing in the city was 8.308 million square meters, down 49.6% over the same period of last year, of which the sales area of residential housing was 6.175 million square meters, down 54.2%. In October, the residential area sold was 1.124 million square meters, down 45.7% from the same month last year.


　　Policy-oriented housing sales have become the main factors driving market sales, with price-limited housing and affordable housing accounting for about two-thirds of the total number of residential sales in that month.From January to October, the city sold 56,115 sets of commercial housing, of which 13,042 sets were sold in October, which is the month with the largest number of sales since this year. From the perspective of selling houses, it is mainly that a large number of contracts were signed between price-limited houses and affordable houses in October, which boosted the sales volume of houses. The data shows that in October, 8766 sets of price-limited houses and affordable housing were sold, accounting for about two-thirds of the sales in that month. After deducting the above factors, the actual sales of pure commodity houses are still hovering at a low level.


　　Four, the real estate sales price has loosened, and the funds in place of enterprises have declined overall.


　　The year-on-year growth rate dropped, and the chain price continued to fall.In October, the year-on-year increase in housing sales prices in our city continued to fall, rising by 5.2%, which was 1.7 percentage points lower than that of the previous month; After the decline last month, the chain price continued to decline this month, falling by 0.2%, which was the same as last month. Among them, the price of new residential buildings continued to fall, down 0.1% from the previous month, and the decline slowed down. The sales price of second-hand houses decreased for three consecutive months, and decreased by 0.4 percentage points in October.


　　The funds put in place by real estate development enterprises this year have declined in an all-round way.From January to October, the source of funds for real estate development enterprises in our city this year was 237.55 billion yuan, down 23.2% from the same period of last year, and the decline was 8.9 percentage points higher than that in the previous three quarters. Among them, financial loans were 70.93 billion yuan, down 17.9%; Self-owned funds were 35.11 billion yuan, down 6.7%; Deposits and advance receipts were 70.48 billion yuan, down 36.1%.

Editor: Li Dan

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Big callback! China stock market is two worlds apart.

Huijing Ye Tan finance

Text/Huijing

Wang Wu threw a philosophical question in the exchange group of the real competition yesterday. Why didn’t the cars collide when we were driving on the road?

People in the group were asked, and they were crazy about asking questions.

Wang Wu continued, because when we are driving on the road, we will stop when we see a red light, turn when we see a curve, and avoid when we see an oncoming car.

People in the group are even more confused. Art Wang Wu, what do you mean?

Wang Wu replied in the group,Why don’t we sometimes "stop", "turn" and "avoid" when doing business? Why is it so hard to do it?

On April 21st, Black Friday was staged in China stock market, and there was a 100-share limit.

Judging from the trend, the Shanghai Composite Index weakened from the opening price of 3,364 points, and unilaterally fell to the closing price of 3,301.26 points throughout the day, with a decline rate of 1.95%, close to 2%.

From the graphic point of view, a big yinxian line of the Shanghai Composite Index reversed the Zhongyang line on April 17, showing a sharp decline.

In this regard, some people may think that the stock market is about to start a wave.Adjustment of midline levelMaybe some people will think that this is a once-in-a-lifetime event.Call back and get on the busOpportunity.

Some people are bearish on the market outlook, and some people are bullish, so there will be differences and there will be transactions.

Personally, I don’t shy away from my own point of view, bearish on the growth track and look at the multi-value track.

March 28EvacuationIn this paper, it has been considered that the concept of ChatGPT with an increase of over 100% presents a largefoamAnd made countermeasures.

At the same time, I also think that the future market of the stock market is mainly in the value track.February 23 rdState-owned enterprises outperformed the national GDP growth rate.April 18thOnce again, the importance of the value track was expounded.

Figure: Net buying status of foreign capital Source: Straight flush

Why does the market have different views of bullish, bearish and volatile?

Because there are a thousand readers, there are a thousand Hamlets.

Everyone’s different growth environment and social experience will inevitably bringDifferent world views, mapped to the stock market, will produce different trading views.

Views are very important, but more important than trading views is to stick to your own ability circle.

Repeat the three stages of ChatGPT market to explain the logic of sticking to one’s ability circle in the structural market in the stock market.

The hazy stage of the market,Some people are optimistic, buying and holding artificial intelligence to make profits. At the same time, some people are not optimistic, and they also make profits by doing other things that they are optimistic about, such asChina Software, Taiji SharesDomestic software sector, etc.

The development stage of the market,Some people began to be optimistic, chasing high and holding artificial intelligence for the first time, and then quickly taking profits and making profits.

The fishtail stage of the market,People who were initially optimistic began to bearish and take profit positions.Profits are safe.

Fish tail market,There are also many funds for flips, such as the funds for buying domestic software in the early days. They are not eager to catch up with the market, but they have made a counter-pumping market after the plunge, that is, Longhuitou Scenic Spot, for example360, Inspur InformationSuch as artificial intelligence plate.

Obviously, everyone has different judgments and opinions on the ChatGPT market, but they all earned profits in their own ability circle in the ups and downs of the market.

That is to say, everyone chooses a different way to go to Rome, but as long as they stick to it and don’t go upside down repeatedly, all roads will eventually lead to Rome.

This truth can also be used to answer Wang Wu’s philosophical questions above.

Trading is analogous to driving. When we are driving on the road, if we are in a hurry to do something, we may run a red light, such as going to the hospital, rushing to work, rushing to the airport and so on.

If you suddenly enter a strange place, you may not turn, such as entering the forest, desert, foggy weather, etc.

If you are not in the state when driving, you may not avoid coming cars, such as fatigue driving, drunk driving, sending text messages, etc.

In fact, these "what if scenarios" are things outside our ability circle, and most of the time we don’t have accidents when driving, because we are doing things within our ability circle.

Further divergently speaking, some people’s ability circle is riding a bicycle, some people are driving a car, and some people are flying a plane. They should guard their own ability circle so that traffic accidents will not occur.

Therefore, the viewpoint of ups and downs in China stock market is of course important, but what is more important than the viewpoint is not to be greedy or envious, to foster strengths and avoid weaknesses, to stick to one’s own ability circle, and to earn profits that one can earn.

China’s stock market is a barometer of the economy, and its ups and downs also imply the two worlds of economic inflation and deflation.

On April 21st, the China stock market made a big correction, among which the leading sectors were mainly Chatgpt industrial chain, including big data models and semiconductor chips, which led the gains in the previous period and attracted more funds.

On the other side,The national defense military industry has shown obvious resistance to falling, even rising against the trend.At the same time, the performance of China’s characteristic valuation sector (China Special Valuation) is better than the market average.

In other words, on Black Friday, on the one hand, the value track resisted or even rose against the trend, and on the other hand, the growth track led the decline or even fell to a large limit.

It is worth noting that not only the China stock market has experienced the ups and downs, but also the structural market.

Real estate market,There is a long-lost Xiaoyangchun market in the core areas of first-and second-tier cities, while the third-and fourth-tier cities are still sluggish.

Commodity market,The market of black plate of screw thread and iron ore continued to fall, while the market of energy and chemical industry and live pigs obviously resisted falling or even rose.

In addition, the prices of automobiles, household appliances, photovoltaics and other fields are falling, reflecting the deflationary pressure of the economy; However, the prices of services such as catering, haircuts and oil fees are rising, reflecting the inflationary pressure of the economy.

The deflationary pressure of large-scale enterprises and the inflationary pressure of small and micro enterprises are also reflected in the first quarter of 2023.GDP growth rateGo.

China’s GDP growth rate in the first quarter was 4.5%The growth rate of the secondary industry dominated by large-scale enterprises is 3.3%, which is lower than the average growth rate of GDP; The growth rate of the tertiary industry dominated by small and micro enterprises is 5.4%, which is higher than the average growth rate of GDP (see the figure below).

The whole economic market is half flame and half seawater.

All of the above fully shows that the economic probability of China, including the stock market, has entered a differentiated market.So, the stock marketUnder the general trend that the whole economy is divided, the differentiation will gradually become the norm.

That is to say, the risk of China investors chasing up and down will be further amplified, on the contrary, the cost performance of China investors buying at low prices will be further strengthened.

Figure: GDP growth rate of service industry and industry Source: wind

Finally, I personally think that we can have divided views on the trends of stocks, even real estate, gold and bonds.

However, we all have to implement our own views and realize the realization within our own ability circle.

For example, we all know that Wenzhou real estate speculators are very profitable, but is that our ability circle? For example, we all know that the stock market is very profitable, but is that our ability circle?

For another example,

Just because others can watch more and do more doesn’t mean we can watch more and do more. We can watch more and stay put, and then do more when we trigger our own ability circle signal.

Everyone’s ability circle is different, and these signals are naturally different. It can be that the golden fork is long, the Brin channel breaks up and goes long, and after breaking through the 60-year moving average, it will step back and go long, and continuously pull back to the golden section to buy long.

These signals can also be that the first quarter report is in line with expectations, the price falls to the lower end of the enterprise valuation, and the marginal variables in the enterprise performance are long.

Personally, I feel that the adjustment of China’s economy, including the stock market, real estate, gold, bonds, etc., will also have constant structural differentiation, and the track style will rotate.

We should cherish more what we are good at, persist in fostering strengths and avoiding weaknesses, and stick to our own ability circle. Don’t go astray, let alone join in the fun outside your own ability circle.

What do you think?

(Disclaimer: This article is an objective analysis of the public information of Ye Tan Finance and Economics, and does not constitute investment advice. Please do not use it as the basis for investment.)
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Bank of China： The inflow of US$ 11.9 billion in the past week was the largest since July 2015.

[Bank of China: The inflow of US$ 11.9 billion in the past week was the largest since July 2015] Cailian News Agency, January 26th, Bank of America quoted EPFR data as saying that the inflow of emerging market equity funds reached a record US$ 12.1 billion in the week ending January 24th. China stock fund attracted $11.9 billion in capital inflows last week, the largest since July 2015 and the second largest in history. Global equity funds attract $17.6 billion in capital inflows; The inflow of American equity funds is $5.3 billion; European equity funds, for the fourth week in a row, had a capital outflow of $1.9 billion.

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