The 31st birthday party of the giant panda Yongming was held in Wakayama.

On September 14th, the audience attended the 31st birthday party of the giant panda Yongming at the Baibang Adventure World Amusement Park in Wakayama Prefecture, Japan. Xinhua News Agency (Photo courtesy of the Consulate General of China in Osaka)

  Xinhua News Agency, Tokyo, September 14th (Reporter Yang Guang) Shirahama Adventure World Amusement Park in Wakayama Prefecture, Japan held a 31st birthday party for the giant panda Yongming online and offline on the 14th. More than a thousand Japanese people attended the event, and nearly 10,000 viewers watched the live broadcast through the Internet.

  "Yongming" was born on September 14th, 1992, and went to live in Adventure World Amusement Park in Wakayama Prefecture, Japan on September 6th, 1994. On February 22nd this year, Yongming returned to chengdu research base of giant panda with his twin daughters Sakura Bang and Taobang. On December 17th, 2022, Xue Jian, Consul General of China in Osaka, awarded the title of "Yongming" and "Special Envoy for China-Friendship".

  In order to meet the urgent need of Japanese giant panda fans to know about the current situation of Yongming, the Consulate General of China in Osaka, Adventure World Amusement Park in Wakayama Prefecture, Sichuan Provincial Cultural Tourism Office, chengdu research base of giant panda and China Tourism Offices in Osaka jointly hosted this birthday party.

On September 14th, the audience attended the 31st birthday party of the giant panda Yongming at the Baibang Adventure World Amusement Park in Wakayama Prefecture, Japan. Xinhua News Agency (Photo courtesy of the Consulate General of China in Osaka)

  At the birthday party, the audience reviewed the life of the Yongming family in Japan through a documentary. Liu Long, deputy secretary of chengdu research base of giant panda, had a live conversation with Jianzi Nakao, deputy director of Adventure World Amusement Park in Wakayama County, and played the life videos of Yongming, Sakura and Taobang after they returned to China. The interesting pictures excited the audience, and some of them shed tears with excitement.

  Fang Wei, Deputy Consul General of the Japanese Consulate General in Osaka, said in his speech that the "Yongming" family of three has been taken care of in chengdu research base of giant panda and will continue to play an active role as a friendly messenger between China and China in the future. Welcome Japanese fans to visit Chengdu, visit their old friend Yongming’s family, continue to sublimate "panda love" into "human love", and jointly promote the communication between Chinese and Japanese people.

  Shimonoseki, deputy governor of Wakayama Prefecture, said that "Yongming" gave birth to 16 children in the 28 years after coming to Wakayama Prefecture, bringing joy to Japan and the world. In 2022, Wakayama County and Sichuan Province became sister counties and provinces, which was inseparable from the contribution of Yongming. I believe that this "Yongming" birthday party will once again open a new chapter in Japan-China friendly exchanges.

The 2021 National Cyber Security Publicity Week will be held from October 11th to 17th.

  CCTV News:The press conference of the 2021 National Cyber Security Publicity Week was held in Beijing on September 30. According to the person in charge, the 2021 National Cyber Security Publicity Week will be held nationwide from October 11th to 17th. Among them, important activities such as the opening ceremony of the National Cyber Security Publicity Week and the Cyber Security Summit Forum will be held in Xi ‘an, Shaanxi.

  It is reported that 2021 National Cyber Security Publicity Week is jointly organized by the Central Propaganda Department, the Central Network Information Office, the Ministry of Education, the Ministry of Industry and Information Technology, the Ministry of Public Security, the People’s Bank of China, the State Administration of Radio and Television, the All-China Federation of Trade Unions, the Central Committee of the Communist Youth League, the All-China Women’s Federation and other departments, and continues to take "cyber security for the people and cyber security depends on the people" as the theme, with rich forms, strong pertinence and wide coverage.

  In addition to the opening and closing ceremonies, it also includes important activities such as cyber security Expo, cyber security technology summit forum, cyber security online theme party, cyber security education cloud class, cyber security events, cyber security going to the grassroots level, and national cyber security "double first" commendation; In addition, a series of theme days will be arranged, such as campus day, telecommunication day, rule of law day, financial day, youth day and personal information protection day.

  The opening ceremony will be held in Xi ‘an International Convention and Exhibition Center on the morning of October 11th, and nearly 1,000 guests from the government, scientific research institutions, universities, social organizations, enterprises and media will be invited to attend. On the afternoon of October 11th, the main forum of the Cyber Security Summit Forum will be held, focusing on the "14th Five-Year Plan" and the long-term goal in 2035, and conducting exchanges and discussions on cyber security technologies, industries, standards and personnel training. Focusing on new fields, new hotspots, new progress and new achievements, several sub-forums will be held simultaneously, such as youth network security protection, network security industry development, network security standards, automobile data security, zero-trust security practice, cyberspace security discipline construction, data security, artificial intelligence, new smart cities, personal information protection and so on.

  On the eve of the opening ceremony of Cyber Security Week, a cyber security theme exhibition will be launched at Xi ‘an International Convention and Exhibition Center. Combined with the theme of the centenary of the founding of the Communist Party of China (CPC), this paper focuses on the great achievements in the field of network security since the 18th CPC National Congress, and shows the cutting-edge technologies, latest products and demonstration applications of network security enterprises at home and abroad. Set up five exhibition areas, such as the theme exhibition hall of "Striving for a Powerful Network in a Hundred Years", the action of Silk Road Network in Xi ‘an, the protection of key information infrastructure, the innovation driven by network security, the intelligent life escorted by network security and the interactive publishing hall of network security, and set up an interactive experience area to attract the deep participation of the masses.

  At the same time, during the National Cyber Security Publicity Week, an online exhibition hall was opened in official website, and an online digital exhibition was held for one year. Through technologies such as Web3D, digital reproduction, VR, 360 panorama and H5 multimedia, multi-dimensional online exhibition was realized.

Tesla broke out! The stock price has risen by over 16%, and the market value has greatly increased by over 780 billion yuan! What happened?

  On the evening of October 24, the three major US stock indexes opened mixed, with the Dow down 0.22%, the Nasdaq up 0.62% and the S&P 500 up 0.27%.

  Large technology stocks were mixed, with Meta up 0.81%, NVIDIA up 0.63%, Amazon up 0.40%, Microsoft up 0.10%, Google down 0.31% and Apple down 0.26%.

  Tesla’s share price soared by 16.08%, and its market value rose by 109.748 billion US dollars (about 781.166 billion yuan).

  After the US stock market closed on Wednesday, October 23rd, EST, Tesla announced the financial data for the third quarter of 2024.

  The data shows that Tesla’s revenue increased by nearly 8% year-on-year in the third quarter, which is still lower than expected, butProfit surprise, the gross profit margin rose by 195 basis points to 19.8% instead of falling year-on-year, and the gross profit margin of automobile business rose to 17.1% beyond expectations;The revenue from "selling carbon" increased by more than 30% year-on-year, hitting a single season high.

  In the third quarter, the calculation of artificial intelligence (AI) training increased by more than 75%. In this quarter, Tesla deployed a cluster of 29,000 NVIDIA H100 chips in Gigafactory, a Texas super factory, and conducted training. It is estimated that it will have a production capacity of 50,000 H100 chips by the end of October.

  Tesla proudly announced in the shareholder report that on October 22, it had produced 7 million cars, andThe latest Cybertruck has become the third best-selling pure electric vehicle in the United States, second only to Model 3 and Model Y. Tesla did not announce the specific sales volume of each model..

  Musk said thatHe predicted that Tesla car sales will increase by 20% ~ 30% next year; Cybercab will be mass-produced in 2026, with the goal of producing at least 2 million units per year.

  Musk said thatWhen Tesla’s cheap electric car model comes out, the unit price will be less than 30 thousand dollars; Tesla will not produce cheap cars that lack a driverless version; The conventional $25,000 electric car will be "meaningless".

  Tesla CFO Vaibhav Taneja said that the cost per unit vehicle hit a record low in the third quarter, which will be a trend we pay attention to, and promised that the company will continue to focus on cost reduction; Due to the release of FSD function, the profit rate of automobile business has improved.

  According to Xinhua Financial News, in the early morning of October 24th, Beijing time, the Federal Reserve released the latest national economic situation survey report (commonly known as the "Beige Book", the same below). The Beige Book shows that, on the whole, since the beginning of September, the economic activities of almost all the American regions surveyed have not changed much. However, two regions experienced moderate economic growth. Although the uncertainty is still high, the respondents are slightly optimistic about the long-term prospects, and inflationary pressures continue to ease.

  Looking at the inflation situation specifically, the Beige Book shows that the sales prices in most areas have increased slightly or moderately, but the prices of some foods such as eggs and dairy products have increased greatly. In many areas, house prices rose slightly, but rents were flat or slightly decreased. Many areas are concerned about the increase in consumer sensitivity to prices.

  On October 10th, the latest inflation data of the United States showed that the CPI (Consumer Price Index) of the United States rose by 2.4% year-on-year and 0.2% quarter-on-quarter. Excluding volatile food and energy prices, the core CPI of the United States increased by 3.3% year-on-year and 0.3% quarter-on-quarter in September. Overall, the inflation value dropped to a three-year low, but the "cooling" rate of inflation was slightly lower than expected.

  National business daily is integrated from Xinhua Finance and Public Information.

 

Notice of the State Press and Publication Administration on Carrying out the Verification of Newspapers in 2023

Notice of the State Press and Publication Administration on Carrying out the Verification of Newspapers in 2023

Guoxin Departure Letter [2024] No.2

The press and publication bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and Xinjiang Production and Construction Corps, the ministries and commissions of the central and state organs, the newspaper departments of people’s organizations, and the Propaganda Bureau of the Political Work Department of the Central Military Commission:

According to the "Regulations on the Administration of Newspaper Publishing", "Measures for the Annual Verification of Newspapers and Periodicals" and other relevant regulations, the notice on doing a good job in the verification of newspapers in 2023 is as follows.

I. Verification Time

20 February to 31 March 2024

Second, the key points of verification

(1) Key verification contents

1. Content orientation and quality. Whether newspaper publishing units always take studying, propagating and implementing the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era as their primary task, thoroughly study, propagate and implement the Supreme Leader’s cultural thought, resolutely defend the "two establishments", strengthen the "four consciousnesses", strengthen the "four self-confidences" and achieve the "two maintenances", persistently use the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era to forge a soul, and continue to push the party’s innovative theory armed forces to go deep and practical; Whether it is clear-cut to adhere to the correct political direction, public opinion orientation and value orientation, adhere to unity, stability, encouragement and positive publicity, sing the main theme, carry forward positive energy, and consolidate and expand the mainstream ideological public opinion in the new era of endeavor; Whether to put social benefits in the first place and realize the unity of social benefits and economic benefits; Whether to publish bad and harmful information content such as laws and regulations prohibiting publication, guiding problems, vulgarity and kitsch, and endangering social morality; Whether to compile and publish overseas news information products without authorization; Whether there are quality problems such as the quality of editing and proofreading, the quality of publishing form is unqualified, and the quality of publishing can not meet the prescribed standards for a long time.

2. Publishing qualification and ability. Whether the newspaper organizer strictly implements the ideological work responsibility system and fully performs the responsibility of "managing people, managing affairs and managing assets"; Whether there are non-public capital components in the capital structure of newspaper publishing units and competent organizers; Whether the newspaper publishing unit has a sound guidance and quality management rules and regulations, whether it strictly implements the editing management system such as separation of editing and management, "three audits and three schools", whether it can carry out publishing activities normally, and whether there is a situation that its business has deteriorated and it is insolvent; Whether the main person in charge of the newspaper publishing unit meets the relevant regulations and holds a valid post training certificate.

3. Compliance with the law. Whether the newspaper publishing unit changes the licensing matters such as the competent organizer and business scope without authorization, whether it establishes local institutions without authorization, whether it delivers the sample newspaper in time according to the regulations, whether it has not been put on record or closed for more than 180 days, whether it has published illegal advertisements and been notified and punished by the relevant departments, and whether there are illegal and illegal problems such as selling, renting, transferring the serial number, layout and publishing license; Whether the employees have any illegal issues such as publishing job information without authorization, illegally setting up new media accounts such as Weibo WeChat, illegally applying for a journalist’s card, news extortion and false news.

4. Media construction and management. Whether newspaper publishing units resolutely implement the decision-making arrangements of the CPC Central Committee and further promote the construction of all-media communication system, whether to establish and improve an integrated system and mechanism that adapts to the production and communication of media, and whether to achieve unified online and offline guidance and management requirements for newspapers and new media; Whether there are irregularities in the operation and management of the new media and other serious violations of laws and regulations.

(2) Key verification units

1 newspaper publishing units whose newspaper names and business scope have changed in the last two years.

2 newspaper publishing units that have stopped publishing, stopped publishing, failed to publish normally for a long time, and have no publishing conditions.

3. Newspaper publishing units that have problems in violation of laws and regulations, are suspected of violating laws and regulations, or the masses report that there are content-oriented errors, news extortion, false news and other problems.

4 newspaper publishing units with low publishing quality and prominent editing and proofreading errors in recent years.

Third, organize the implementation

The press and publication bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and Xinjiang Production and Construction Corps are responsible for the annual verification of local newspapers, and the Propaganda Bureau of the Political Work Department of the Central Military Commission is responsible for the annual verification of military newspapers.

Newspapers published in Beijing by ministries and commissions of the central and state organs and people’s organizations are verified by the Beijing Municipal Press and Publication Bureau. The central and state organs, ministries and commissions, people’s organizations and newspaper departments should actively cooperate with the provincial press and publication management departments to do the annual verification work.

The State Press and Publication Administration is responsible for the unified organization, deployment, supervision and guidance of the annual verification of national newspapers.

Iv. verification procedures

(1) Unit self-inspection. The newspaper publishing units shall carefully conduct self-examination and self-correction according to the requirements of this notice, write an annual self-inspection report, log in to the "2023 Annual Newspaper Verification System" on China reporter website, fill in and print the "2023 Annual Newspaper Verification Form".

(two) report to the competent organizer for inspection. Each newspaper publishing unit will submit the annual self-inspection report and the paper materials of the 2023 Annual Newspaper Verification Form to the organizer and the competent unit, and the competent organizer will conduct inspection, issue audit opinions and affix the official seal on the 2023 Annual Newspaper Verification Form.

(three) reported to the provincial press and publication management department for verification. Each newspaper publishing unit will submit the 2023 Annual Newspaper Verification Form stamped with the official seal of the competent organizer, together with the annual self-inspection report, newspaper sample report and other verification materials, to the provincial press and publication management department. Provincial press and publication management departments shall carefully verify paper materials according to laws and regulations, log in to the "2023 Annual Newspaper Verification System" to review the information provided by newspaper publishing units and approve the verification opinions. For key verification units, the verification opinions should be approved on the basis of investigation, conversation and on-the-spot inspection.

(4) Submitting it to the State Press and Publication Administration. The provincial press and publication management departments shall summarize and submit the 2023 annual newspaper verification report and the 2023 annual newspaper verification results catalogue of local newspapers through the "2023 annual newspaper verification system". The annual verification report should include the annual verification measures and results, the basic situation of newspaper publishing and achievements, compliance and discipline, the effectiveness of integration and development, as well as existing problems, difficulties and suggestions. The annual verification report in 2023 and the catalogue of newspaper verification results must be submitted in another paper document.

The State Press and Publication Administration will supervise and inspect the work in key areas, conduct targeted spot checks on key verification units this year, and inform the provincial press and publication management departments of the annual verification work as appropriate.

V. Verification requirements

(a) focus on strengthening the organization and implementation. All relevant management departments should strengthen responsibility, strengthen organization and leadership, act quickly and make careful arrangements. Combined with the actual situation of the local department, we carefully formulated specific work plans, innovated management methods, adjusted and optimized verification measures, strengthened supervision and inspection and spot checks, and ensured that the annual verification work was completed with high standards and high quality. All newspaper publishing units should implement the main responsibility, refine measures according to the annual verification requirements, and arrange special classes to implement them, so as to ensure the efficient completion of the annual verification materials filling and submission within the prescribed time limit.

(2) Adhere to strict examination and control. All relevant administrative departments should adhere to the word "strictness", strictly verify procedures, strictly regulate standards, severely punish accountability, and strictly block management loopholes. It is necessary to highlight key verification, establish key supervision files in combination with the actual daily supervision work such as newspaper review, quality inspection, social benefit evaluation and case investigation, and conduct comprehensive inspection and strict verification one by one according to the requirements of verification work. It is necessary to strictly examine and verify the verification conclusion in accordance with the Measures for Annual Verification of Newspapers and Periodicals. Those who suspend the verification, fail to pass the verification and do not participate in the verification should explain the reasons and the treatment measures to be taken.

(three) to ensure the quality of verification data. All relevant management departments should tighten the compaction responsibility chain, strengthen the verification data audit and check, and focus on the important verification data by comparing it with previous verification data and daily management data to ensure that the verification data is complete, true, standardized and accurate. If the verification data reported by the newspaper publishing unit is incomplete, untrue and irregular, it shall be returned, and if it still does not meet the requirements after re-reporting, the verification shall be suspended. Newspaper publishing units should strengthen the awareness of verifying data quality, carefully collect and standardize the filling, do not resort to deceit or perfunctory things, and lay a solid foundation for the quality of source data.

(4) Do a good job in follow-up work. It is necessary to do a good job in the follow-up work of annual verification in accordance with the relevant provisions of the Regulations on the Administration of Newspaper Publishing and the Notice on Standardizing the Procedures for Cancellation of Newspapers. For newspapers that fail to participate in the annual verification as required, fail to participate in the annual verification after being urged, and fail to pass the annual verification, the local provincial press and publication administration department shall apply to the State Press and Publication Administration for revoking its newspaper publishing license. For newspapers that are closed, closed, unable to be published normally for a long time, and no longer have publishing conditions, practical measures should be taken to promote their deadline for transfer or closure. On the initiative of the organizer in charge of the newspaper, it should be submitted to the State Press and Publication Administration in a timely manner for filing and cancellation of registration.

State Press and Publication Administration

January 11, 2024

(Contact: Wang Qi, Tel: 010-83138397, Address: No.40, Xuanwumenwai Street, Xicheng District, Beijing)

If the circumstances are serious, you will be punished! Spring Festival movies were infringed, and 8 New Year movies were protected.

       CCTV News:During this year’s Spring Festival, many domestic films of New Year’s Eve which were shown in cinemas not only gained good box office and reputation, but also suffered serious online infringement and piracy. In this regard, the National Copyright Administration responded yesterday (15th) that it would intensify investigations in conjunction with various departments to curb the spread of infringement and piracy.

       On the first day of New Year’s Day, many domestic films with different types and themes were released in a concentrated way, which attracted many audiences to enter the cinema. Take the film The Wandering Earth as an example. By the afternoon of 15th, the box office of the film had exceeded 3.2 billion yuan, setting a new record for domestic films. However, within a few days of its release in The Wandering Earth, the pirated resources of the film began to spread on the Internet through WeChat friends circle and Weibo. Some people even openly peddled pirated resources of many cinema films, including The Wandering Earth, through Wechat business. Not only did they claim that the picture quality was "high-definition", but the price of a single film was as low as that of 1 yuan, and they could enjoy preferential treatment when they were packaged and purchased.

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       Previously, through the clues provided by netizens, the reporter also found that some websites that downloaded free movie resources unscrupulously provided pirated resources of many New Year movies still being shown in cinemas on their homepages. Users can watch movies online without paying. However, when playing, there will be a gambling sites advertisement subtitle or pop-up information constantly on the screen.

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       Zhaojie, director of the Copyright Law Enforcement Division of the National Copyright Administration, said that according to the monitoring situation, piracy is mostly concentrated in unregistered "three noes" small websites, some of which have servers located overseas, and some pirated contents or links are uploaded by third-party users or sold by third parties on e-commerce platforms.

       The relevant person in charge of the copyright law enforcement department of the National Copyright Administration said that the Copyright Administration attached great importance to the copyright protection of Spring Festival movies. In addition to including all eight New Year movies in the early warning list of copyright protection for the first batch of key works in 2019, the China Copyright Association Monitoring Center and the Film Quality Inspection Institute were deployed throughout the Spring Festival, and the monitoring of piracy was strengthened. Especially since February 7th, we have arranged for key film rights holders and monitoring agencies to set up docking windows, and jointly deleted infringing information with Internet service providers. As of the evening of 14th, 6,362 infringement links complained by right holders have been handled. At present, the online infringement and piracy of the Spring Festival movie shows a downward trend as a whole, from 1,634 on February 8 to 392 on February 14.

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       Zhaojie, Director of the Copyright Enforcement Division of the National Copyright Administration, said: "Next, the National Copyright Administration will work with the National Film Administration, the Ministry of Public Security, the Ministry of Industry and Information Technology and other relevant departments to dig deep into the source of piracy and intensify the crackdown on sneak shots and illegal recordings in cinemas. The copyright law enforcement department will severely investigate and deal with websites, APPs, WeChat WeChat official account and e-commerce operators that sell and disseminate pirated films, and if the circumstances are serious, they will be handed over to the public security department for criminal treatment. "

Guangdong makes it clear that minors who witness domestic violence are victims of domestic violence.

  Refine the definition of domestic violence and make it clear that it is also domestic violence that commits violations through the internet; Improve the mandatory reporting system, and include those who are unable to report due to old age, disability, serious illness, coercion, intimidation and other reasons into the protection object; Creatively expand the protection object, and make it clear that minors who witness domestic violence are victims of domestic violence …

  A few days ago, the Measures for the Implementation of the Anti-Domestic Violence Law of People’s Republic of China (PRC) in Guangdong Province (hereinafter referred to as the Measures) was voted by the 22nd meeting of the Standing Committee of the 13th National People’s Congress of Guangdong Province and will be implemented on October 1, 2020.

  It is understood that the "Measures" have a number of highlights reflecting Guangdong characteristics. The relevant person in charge of the Guangdong Women’s Federation, the drafting unit, said that it is of great significance for the Measures to innovate relevant work systems and measures and strive to build an anti-domestic violence prevention and control system with Guangdong characteristics to promote the province’s anti-domestic violence work, safeguard the legitimate rights and interests of women and children, promote family harmony and maintain social stability.

  Chen Yongkang, deputy director of the Social Committee of the Guangdong Provincial People’s Congress, introduced that during the drafting of the Measures (Draft), relevant systems were established to solve the problems existing in the current anti-domestic violence work, such as unclear division of responsibilities among departments, nonstandard handling of complaints, difficulty in giving evidence to victims of domestic violence, and insufficient assistance to victims, and efforts were made to legislate against the problems and solve the problems through legislation. At the same time, learn from the experience of brother provinces, adapt to local conditions, and do not simply transplant.

  Li Mingshun, secretary of the Party Committee and professor of China Women’s University, believes that the overall characteristics of the Measures are the most striking: First, it highlights the responsibility of public power to moderately intervene in domestic violence; Second, it is emphasized that the prevention and treatment of domestic violence must adhere to the victim-oriented principle and give priority to the rescue of victims.

  It is understood that the "Measures" innovate relevant work systems and measures, presenting ten highlights.

  Highlight 1: Domestic violence is expressed by sub-items, and "freezing hunger", "stalking", "harassing" and "spreading privacy" are clearly defined as domestic violence.

  The Measures itemize domestic violence from five aspects: injury, restriction of personal freedom, threat to personal safety, mental aggression and other domestic violence. According to the needs of work practice and in response to social concerns, freezing hunger, confinement, stalking, harassment, slander and spreading privacy are clearly defined as domestic violence. Clearly through the Internet and other means to implement the relevant violations, but also domestic violence.

  Highlight 2: Anti-domestic violence implements social co-governance, and if the victim is found to face personal safety threats, he should call the police in time.

  Several articles of the Measures respectively stipulate the responsibilities and obligations of people’s organizations, village (neighborhood) committees, social organizations, enterprises and institutions to carry out anti-domestic violence. It is stipulated that any unit or individual has the right to dissuade the ongoing domestic violence, and the victim who is threatened by personal safety shall report the case to the public security organ in time.

  Highlight 3: Build a comprehensive prevention system for anti-domestic violence work, and bring domestic violence prevention work into grid management.

  The "Measures" respectively define the responsibilities of all parties concerned around strengthening the publicity and education of family virtues and anti-domestic violence laws and regulations, conducting business training, promoting the construction and sharing of information resources, and resolving conflicts and disputes between marriage and family. Among them, people’s governments at all levels are required to incorporate family education guidance services into the urban and rural public service system; Require the civil affairs department to guide the marriage registration authority and provide marriage and family counseling services for the parties involved in marriage registration; Schools and kindergartens are required to carry out self-protection awareness publicity and education for students and children.

  Highlight 4: Establish and improve the linkage mechanism of anti-domestic violence, and handle major cases with bad social impact together.

  The Measures clarify the responsibilities of the people’s governments at or above the county level to establish and improve the linkage mechanism against domestic violence. Require the first department and unit to do a good job of acceptance, follow-up and referral according to their job responsibilities; Major cases of domestic violence involving the responsibilities of multiple departments and units or cases of domestic violence with bad social impact shall be handled jointly with other relevant departments and units.

  Highlight 5: Improve the mandatory reporting system and expand the protected objects and reporting subjects.

  In terms of mandatory reporting, people who cannot report due to old age, disability, serious illness, coercion, intimidation and other reasons are included in the protection object, and people’s mediation organizations and their staff are added as the subject of mandatory reporting.

  Highlight 6: Standardize the public security organs to receive the police, and issue a warning in "four situations".

  The public security organs are explicitly required to include the domestic violence alarm in the scope of the "110" police service. After receiving the domestic violence report, they should go to the police in time, make a police record, and do a good job in stopping domestic violence, collecting evidence, finding out basic facts, assisting in rescue, identifying injuries, assisting in asylum, and informing victims of their rights. The public security organ shall accept and investigate domestic violence in violation of public security administration according to law; Anyone suspected of committing a crime shall file a case for investigation according to law. The public security organ shall issue a warning if the circumstances of domestic violence are relatively minor, and the public security administration punishment is not given according to law, which is in line with one of the four situations, such as "failure to obtain mediation from the victim".

  Highlight 7: Enrich the measures of personal safety protection orders, and you can apply for multiple protection measures, and the court will make them in batches.

  The Measures stipulate that the personal safety protection order can take the following measures: prohibition order, departure order and removal order. Where the applicant is required to apply for a number of habeas corpus measures, the people’s court may make them several times in batches.

  Highlight 8: Special chapter provides assistance to victims of domestic violence, and temporary shelters should protect the privacy of victims.

  Attach importance to the assistance to victims, and set up a special chapter on "assistance to victims of domestic violence" to provide victims with multi-level, diversified and three-dimensional assistance from temporary shelter, social assistance, legal aid and judicial assistance, covering temporary accommodation, legal needs, psychological services and difficult assistance.

  Highlight 9: Improve the family investigation system and the lawyer’s investigation and evidence collection system, and promote the solution to the problem of difficult proof.

  It is clear that in the civil action of domestic violence, if the victim cannot collect evidence by himself due to objective reasons, he can entrust a lawyer to investigate and collect relevant evidence according to law.

  Highlight 10: Creatively expand the object of protection, and minors who witness domestic violence are victims of domestic violence.

  Strengthen the protection of minors and make it clear that minors who witness domestic violence are victims of domestic violence.

Four vaccines recommended by WHO have not been included in China’s immunization program. What are the reasons?

  Vaccination is the key to immunization planning, and it is also a sharp weapon for China to deal with a series of infectious diseases such as COVID-19.

  According to the "Immunization Agenda 2030" announced by 26 institutions including the World Health Organization (WHO), the goal is to achieve 90% coverage of basic vaccines for children and adolescents by 2030, and to reduce the number of children who have not been vaccinated at all by half. The "Healthy China 2030" Planning Outline clearly stated that "the expanded national immunization program should be continued, and the vaccination rate of school-age children in the national immunization program should be maintained at a high level".

  At present, 14 kinds of vaccines under China’s immunization program can prevent 15 kinds of infectious diseases, including hepatitis A, meningitis and rubella, and the coverage population is mainly children aged 0 to 6. However, there are still four kinds of vaccines recommended by WHO that are internationally recognized as cost-effective and have not been included in China’s immunization program.

  What is the urgency and cost-effectiveness of these four vaccines for patients? How to set relevant evaluation standards? On the occasion of "World Immunization Week", CBN interviewed a number of clinical and immunization planning experts and gave their answers.

  The dilemma of high price of PCV vaccine

  The vaccines recommended by WHO but not included in China’s immunization program mainly include Hib vaccine (Haemophilus influenzae type B vaccine), HPV vaccine (human papillomavirus vaccine), PCV vaccine (streptococcus pneumoniae conjugate vaccine) and RV vaccine (rotavirus vaccine).

  "Streptococcus pneumoniae (SPN) is the main pathogen of community-acquired pneumonia and invasive infection among children in China." Zeng Mei, chief physician of the Pediatric Hospital affiliated to Fudan University, said that according to multi-center research, nearly 80% of patients with invasive pneumococcal diseases are children under 5 years old. "It is urgent to vaccinate this population with streptococcus pneumoniae vaccine."

  As a pediatric clinician, Zeng Mei has been concerned about the impact of Streptococcus pneumoniae on children and the related immunization planning process for many years. For example, a multi-center clinical study covering 1138 cases of invasive Streptococcus pneumoniae in children from 2012 to 2017 showed that the mortality rate of these invasive Streptococcus pneumoniae diseases was as high as 16.2%, and the proportions of meningitis, bacteremia and bacteremia caused by these diseases were 22.9%, 9.1% and 7.8 respectively.

  In terms of vaccine supply, at present, there are two kinds of PCV13-valent vaccines available in China. Among them, imported vaccines are suitable for infants aged 6 weeks to 15 months, and domestic vaccines are suitable for infants and children aged 6 weeks to 5 years. PPV23(23-valent pneumococcal polysaccharide vaccine) is used for people over 2 years old who are infected with SPN and have an increased risk of IPD (invasive pneumococcal disease).

  "In China, there are obvious regional differences in deaths caused by Streptococcus pneumoniae, and about 49% of deaths caused by Streptococcus pneumoniae occurred in the western region. In terms of mortality, the mortality rate in the western region is 17 per 100,000, which is about twice as high as that in other regions. " Wang Weibing, director and professor of the Department of Epidemiology, School of Public Health, Fudan University, said that the vaccination rate of PCV13 vaccine in Shanghai has reached almost 50% in recent years, and the risk of pneumonia can be reduced by about 82% after vaccination, but the vaccination rate in the western region is less than 1%.

  Wang Weibing further said that from the perspective of economic burden, the price of PCV vaccine in most countries covered by Gavi (Global Alliance for Vaccine Immunization) is about US$ 3.3 per dose. The price of imported PCV13 vaccine in China is about 700 yuan per dose, which still has a certain gap. "The current price also leads to the vaccine not being cost-effective in health economics." .

  It is necessary to comprehensively consider many factors such as disease, vaccine, vaccination ability and so on when vaccines are included in the immunization program. Wang Weibing told reporters that on the one hand, epidemiological evidence such as the disease burden of influenza and pneumococcal diseases in China is still insufficient. Because pneumonia, influenza and other respiratory diseases usually have similar symptoms, there are many kinds of pathogens that can cause the same disease, which makes it difficult to estimate the disease burden of vaccine-preventable diseases, and it is difficult to observe the effect after vaccination.

  On the other hand, from the point of view of vaccine supply, because PCV vaccine contains many serotypes, the production process is complex and there are certain technical barriers, which leads to the vaccine supply can not meet the needs of being included in the national immunization plan. However, with the joining of Chinese manufacturers who independently research and develop PCV vaccine, it is believed that the current situation of insufficient supply will be expected to be improved.

  Significance of free HPV vaccination

  Since the first government-led HPV vaccine free vaccination project was launched in Erdos city three years ago, at present, Guangdong, Hainan, Jiangxi, Fujian, Tibet and Chongqing provinces have also started or announced that they will launch a global HPV vaccine free vaccination program.

  According to other data, there are six kinds of HPV vaccines listed in the world, including two bivalent HPV vaccines independently developed by China (one from Wan Tai and one from watson biological). As of March 2023, 126 countries and regions have included HPV vaccine in the immunization program.

  "In terms of HPV vaccination, people’s acceptance and participation enthusiasm are higher than expected. These explorations may provide important reference for the inclusion of HPV vaccine in national immunization planning decisions." Zhang Jun, deputy dean of the School of Public Health of Xiamen University and deputy director of the National Infectious Disease Diagnostic Reagents and Vaccine Engineering Technology Research Center of Xiamen University, said in an interview.

  In Zhang Jun’s view, there is no doubt about the health damage caused by HPV infection in China. With the large and stable supply of high-quality domestic HPV vaccines and widely recognized by the public, the independent control of vaccine research and development and the long-term sustainability of supply have become a fact. "At present, HPV vaccines have not been included in the national immunization plan, and the main difficulty lies in the high cost and price of vaccines and the uncertainty of public acceptance."

  Judging from the bidding price of Jiangsu Province’s previous procurement, the bivalent HPV vaccine in watson biological was 246 yuan/piece, and the bivalent HPV vaccine in Wan Tai was 329 yuan/piece, and three shots were inoculated in the whole process. In addition, the average price of HPV tetravalent vaccine ranges from 800 to 900 yuan per dose, and the total price of three doses of HPV nine-valent vaccine is about 4,000 yuan.

  "Because the research and development cycle of HPV vaccine is generally more than 10 years, it requires high production facilities and quality control. In order to maintain a virtuous circle of market demand-R&D investment, the pricing of products should not be too low within several years of listing; This may put greater pressure on the country’s budget. " Zhang Jun analyzed the reporter.

  Du Heng, senior project officer of the Beijing Representative Office of Bill and Melinda Gates Foundation, believes that enterprises will make production capacity layout and arrangement according to market demand, and naturally leave production capacity to the high-priced vaccine market and people with higher payment capacity. The key population that should be vaccinated with HPV vaccine first, that is, girls aged 9-15, can guide the production behavior of enterprises through strengthening the national immunization program and large-scale procurement.

  Zhang Jun suggested that, on the one hand, a more flexible medical insurance payment mechanism could be considered. For example, formulate affordable medical insurance payment standards, where the expenses within the standards are reimbursed by medical insurance/finance, and the expenses beyond the standards are paid by individuals.

  On the other hand, on the basis of bidding and purchasing with quantity, considering increasing the time factor, relatively high prices are allowed in the first few years, so that enterprises can recover their costs as soon as possible and obtain reasonable income, maintain their enthusiasm for innovation, and quickly switch to cost pricing or market competition after a certain number of years and more diversified manufacturers, so as to ensure the sustainability of immunization planning policies.

  Implement a scientific and accurate evaluation standard path

  Professor Tang Shenglan, co-director of the Global Health Research Center of Duke University in Kunshan and head of the Innovation Laboratory of Vaccine Delivery Research, told the reporter that there have been many mature research results on the key decision-making research and the selection of vaccine varieties for introducing immunization programs for new vaccines in the world, which generally involve three types of indicators.

  The first category is indicators related to disease prevalence and burden. "For example, malaria is highly prevalent and has a high disease burden in many African countries, so it is necessary to include malaria vaccines in the immunization programs of these countries. However, malaria has been effectively controlled in China. In 2021, WHO awarded China the certification for eliminating malaria. Obviously, malaria vaccine will not be considered in the expansion of immunization programs in China. " Tang Shenglan said.

  The second kind of indicators mainly focus on the vaccine itself, including its effectiveness, safety, quality, supply capacity and health and economic benefits.

  The third category of indicators involves financial resources, manpower and material resources. Tang Shenglan analyzed in detail for the reporter. Financial resources mainly refer to whether China’s health financing mechanism can support the expansion decision. Generally speaking, if the budget is abundant this year, it will vigorously expand vaccination, and if the budget is tight next year, it will reduce vaccination coverage (the baby born next year will not be able to enjoy the plan). This obviously violates the principle of fairness. Manpower, every time a new vaccine is added to the immunization program, it means that the workload of vaccination increases and the number of possible vaccine adverse reactions increases; Correspondingly, the inoculation technology of new vaccines needs training, and the results of disease surveillance also need to be reported. Material resources include whether the vaccine distribution has cold chain conditions, whether the monitoring system can "expand" synchronously, and whether the media and grassroots science popularization have enough resources for public science popularization.

  In the next step, what specific measures and adjustments should be made in immunization planning in various places?

  Tang Shenglan suggested that, first of all, from the national level, a scientific and dynamic adjustment mechanism of immunization program catalogue can be gradually established, and based on this mechanism, the adjustment plan of national immunization program in the next 5-10 years can be defined, and the market can be shaped through this plan. At the same time, guided by health and fairness, taking into account the local disease burden, financial level and residents’ ability to pay, we will explore and support the gradual inclusion of more cost-effective vaccines in the national immunization plan in different regions, batches and steps, and include high-risk groups such as teenagers, the elderly, chronically ill patients and medical workers in the vaccination scope, so as to accelerate the realization of life-cycle vaccination.

  Secondly, it is to improve the sustainable financing mechanism of vaccines, which can establish the clear expectations of relevant enterprises for the market. "Practice in some places shows that medical insurance reimbursement or moderate subsidies can effectively incite individuals to share and improve the vaccination rate without significantly increasing the financial burden." For example, Tang Shenglan, Qinhuai District of Nanjing, for example, paid about 670,000 yuan to buy varicella vaccine through finance in 2019, accounting for only 1.10% of the basic public health service expenses in the district, but it increased the coverage rate of the first vaccination by 10 percentage points.

  Thirdly, improve the research and development of key vaccines through policy guidance. These policy guidance can include: optimizing vaccine review and approval standards, accelerating industrial transformation and upgrading, supporting joint vaccine research and development and production, and leaving room for optimizing immunization strategies; Support the domestic substitution of key vaccines to ensure a stable and sufficient supply of vaccines included in the immunization program.

  Finally, Tang Shenglan suggested that we can learn from some innovative international procurement mechanisms to balance the risks and benefits of enterprises while adjusting vaccine prices.

  "For example, in the bidding process in the UK, manufacturers are allowed to give different quotations according to different purchase quantities (often the larger the purchase quantity, the lower the price), so that economies of scale can be effectively utilized and the risks of manufacturers can be reduced. The Canadian government will require provinces or regions to estimate their demand before awarding the contract to manufacturers, and require provinces or regions to purchase at least 75% of their estimated amount, thus forming a quantitative guarantee for manufacturers. " Tang Shenglan said that China can fully learn from the experience of developed countries, start with regional pilot projects, and explore a better procurement model. While reducing the price of non-immunization vaccines, it also enhances the R&D enthusiasm of enterprises and achieves the goal of multi-win.

Plague is no longer so terrible! Experts interpret its transmission characteristics and prevention methods.

  Li dongzeng

  editorial comment/note

  Recently, a case of bubonic plague was confirmed in Wulate Zhongqi, Bayannaoer City, Inner Mongolia Autonomous Region. Subsequently, Inner Mongolia Autonomous Region announced that three plague foci had been discovered, and close contacts had been observed in isolation at home. This is the second case of plague in Inner Mongolia since last November. Because there have been many plagues in human history, many people turn pale at the sight of them. In fact, today, through effective preventive isolation measures and treatment, plague has long been less terrible. In this issue, we will introduce the spread characteristics and prevention methods of this disease in detail.

  one

  The infectivity of different plague is high or low.

  There are three common types of plague, namely bubonic plague, pneumonic plague and septicemic plague. Plague is usually transmitted from animals to people through rat fleas biting the skin. After a rat flea carrying Yersinia pestis bites a person, Yersinia pestis invades the body from the skin and first reaches the nearest lymph node, causing inflammation of the lymph node, which leads to high fever and swollen lymph nodes. The swollen lymph nodes can be felt from pigeon eggs to the size of eggs, which is bubonic plague.

  If patients with bubonic plague are not treated in time, swollen lymph nodes may fester and rupture. These pus are also contagious and may be infected if they are touched. Yersinia pestis may also spread to the blood and lungs, becoming septicemic plague and pneumonic plague.

  Pneumonic plague developed from bubonic plague is called secondary pneumonic plague, and patients with pneumonic plague will have severe pneumonia. There is Yersinia pestis in the respiratory secretions of patients with pneumonic plague, which is highly contagious. Others will be infected after inhalation. People who inhale Yersinia pestis from the respiratory tract can directly suffer from pneumonic plague, which is called primary pneumonic plague. Whether it is primary pneumonic plague or secondary pneumonic plague, the manifestations are similar, and they all have the ability of respiratory transmission. Plague spread from person to person is mainly pneumonic plague.

  Bubonic plague is the most common, but the risk is lower than pneumonic plague, and it is generally not contagious. However, patients with pneumonic plague are highly contagious, and the mortality rate is relatively high if they are not treated in time.

  When Yersinia pestis spreads into the blood from lymph nodes or lungs, it may become septicemic plague. Septic plague is rare, but it is the most dangerous and has a high mortality rate. If the patient is not rescued in time, he may die within 1 to 3 days after onset. Septic plague appears ecchymosis because of bleeding under the skin, and the skin is purple-black. Therefore, it was called "Black Death" after the outbreak of plague in medieval Europe.

  2

  There is little chance of infection without entering the epidemic focus.

  The main sources of infection of plague are rats and other rodents, and in China, it is mainly Rattus and Marmota. Other animals such as rabbits, foxes, wolves, camels and some domestic animals such as cats, dogs and sheep can also become sources of infection. The spread of plague among animals is mainly due to being bitten by rats and fleas.

  Plague itself is spread among animals. There are 12 types of plague natural foci in China, distributed in 19 provinces, and animals in these natural foci may carry Yersinia pestis. Under normal circumstances, plague will not infect humans, but some people are at risk of being infected because of their professional needs or because of travel and exploration. Therefore, the staff in pastoral areas are often high-risk people infected with plague. People who enter pastoral areas are most likely to be bitten by rat fleas in the lower limbs, so the most common symptom of bubonic plague is swelling and pain of inguinal lymph nodes. There are also some people who enter the plague natural focus because of hunting or traveling, and they are also at risk of infection after contacting animals. If you strip animals suffering from plague, you may be infected by rat flea bites, or you may be infected by skin wounds touching the blood and body fluids of sick animals. Plague infected by stripping animals is more common in axillary and cervical lymph nodes of upper limbs.

  If ordinary people do not enter the natural focus of plague, there is little chance of being infected with plague, and rats in urban areas usually do not carry Yersinia pestis. If you plan to travel to the plague natural focus, you must know the local plague situation in advance, try to keep a distance from wild animals, and don’t get in touch with the woodchuck when you see it. When entering the grassland, try to wear long trousers and gloves, avoid being bitten by rats and fleas, don’t sit and roll on the grassland, don’t picnic and camp on the grassland, and try to reduce the risk of infection.

  three

  Symptoms and treatment after plague infection

  People infected with plague have different symptoms according to different types. The common characteristics of plague patients are rapid onset, repeated high fever, chills, shortness of breath, rapid heartbeat and severe headache. The symptoms of bubonic plague are mainly swelling and pain of lymph nodes, mainly groin, armpit and neck, which are generally unilateral swelling and pain. Patients dare not move easily when the pain is severe. The bubonic plague may be misdiagnosed as other causes of lymph node swelling and pain, such as acute lymphadenitis, lymphadenopathy caused by filariasis, tuberculosis of lymph nodes, etc., but other diseases with lymphadenopathy usually start slowly and develop less rapidly than bubonic plague.

  Pneumonic plague is characterized by severe chest pain, cough, expectoration, hemoptysis, dyspnea and wheezing. Pneumonic plague is easily misdiagnosed as common bacterial pneumonia or viral pneumonia, so it needs to be distinguished from other pulmonary infection diseases, including lobar pneumonia, pneumonia secondary to influenza, novel coronavirus and so on.

  Septic plague can be characterized by high fever, no increase in body temperature, unconsciousness, confusion and even coma, extensive bleeding, ecchymosis, cyanosis and necrosis of the skin, and some patients’ bodies are purple and black after death. Septic plague is easily misdiagnosed as coma and shock caused by other reasons, such as hemorrhagic fever with renal syndrome, septicemia caused by epidemic cerebrospinal meningitis, epidemic Japanese encephalitis spread by mosquito bites, shock caused by staphylococcus aureus or streptococcus infection, etc.

  After people are infected with plague, the disease can be effectively controlled through timely drug treatment. At present, the treatment of plague is mainly antibacterial treatment, supplemented by symptomatic support treatment. Antibacterial treatment refers to the use of antibiotics to sterilize. Streptomycin is the most effective antibiotic against Yersinia pestis, especially in the treatment of pneumonic plague, mainly by intramuscular injection, which can be injected continuously for 10 days. Gentamicin can also be used in the case of human infection with plague. Tetracycline has bacteriostatic effect, which is effective for mild patients. It can be taken orally or used together with other antibiotics. Sulfonamides are widely used in the treatment and prevention of plague. Sulfonamides are the earliest synthetic antibacterial drugs, which have good curative effect on plague, and they are easy to use, stable in nature and low in price. Symptomatic support therapy refers to helping patients recover as soon as possible by means of antipyretic analgesia, anti-shock, respiratory support and nutritional support.

  four

  What should I do if I find a mouse at home?

  Domestic hamsters and rabbits usually don’t have access to wild animals, and animals don’t naturally carry infectious diseases. Without the source of infection, they won’t be infected, so there is no need to worry about domestic hamsters and rabbits catching plague. However, rats, rabbits and other animals do have a lot of bacteria in their mouths. After being bitten, it is necessary to disinfect the wound in time to avoid bacterial infection. If the wound shows signs of infection such as redness, swelling, pain and skin color change, you need to seek medical attention in time.

  Families find that rats need to be scientifically killed. The first is to clean up the dead corners and garbage in time to reduce the living space of rats. Secondly, try to block all the passages that mice may enter and leave the room, such as air-conditioning pipe holes and sewer holes, so that mice have nowhere to hide and can’t enter the room. Around houses, corridors and other areas, compliant rat traps, rat boards and rat poison can be placed in places where rats are infested, and eye-catching signs should be made at the same time to prevent others, especially children, from accidentally contacting rat poison.

  Don’t put snacks in the house at will. The food and all kinds of food in the house should be stored out of the reach of mice. If conditions permit, community managers should invite professional rodent control companies to carry out rodent control in a unified way to improve efficiency. If you find dead rats at home, don’t touch them with your bare hands to avoid being bitten by rats and fleas. You can wear long trousers, masks and gloves, collect the dead rats in sealed plastic bags, and contact the community property management department to dispose of the dead animals.

  Plague prevention includes bubonic plague prevention and pneumonic plague prevention. The bubonic plague is mainly caused by the bites of rats and fleas on animals, so the prevention of bubonic plague by ordinary people is mainly to avoid contact with animals in the natural focus of plague, and to prevent rats and fleas. If you must enter the epidemic area, you can wear long trousers, boots and gloves, and try not to expose your skin to avoid being bitten by rats and fleas.

  During the tour, everyone should try not to touch wild animals, including wild animal carcasses. Don’t buy wild animals. If you find dead animals on the roadside, you should report them to the local health and disease control departments in time.

  If you are just traveling, you can do these preventive measures well, and you don’t need to use drugs in advance to prevent it. If you are bitten by rat fleas in areas with plague, or have close contact with patients with pneumonic plague without protection, you can use tetracycline, doxycycline, sulfanilamide and other drugs to prevent it. (Author: Deputy Chief Physician, Department 2, Infection Center, Beijing You ‘an Hospital)

Is Netease Cloud Music worth buying when it goes public? Over $5 billion in valuation is at a low level?

Wen | Hong Kong Stock Research Society

On November 23rd, Netease Cloud Music announced the launch of the initial public offering in Hong Kong. The co-sponsors of the listing are Bank of America Securities, CICC and Credit Suisse.

According to the announcement, Netease Cloud Music will publicly issue 16 million common shares worldwide, with the offering price range of HK$ 19-220 per share, and plans to raise HK$ 3.04-3.52 billion (about RMB 2.49-2.89 billion), with an over-allotment right of no more than 15%. It is estimated that the valuation of Netease Cloud Music will be between 39.47 billion and 45.71 billion Hong Kong dollars (about 32.37 billion to 37.48 billion yuan) after listing.

According to the prospectus, Netease Cloud Music introduced Netease, Sony Music Entertainment and Orbis Investment Management Co., Ltd. as cornerstone investors, with a total subscription of 350 million US dollars (about 2.73 billion Hong Kong dollars). According to the plan, Netease Cloud Music will be officially listed on December 2nd with the code "9899.HK".

What is the valuation level of Netease Cloud Music with a stock price of HK$ 190-220?

According to the calculation of the prospectus, assuming that the over-allotment option has not been exercised, the shares raised by Netease Cloud Music in public account for 7.7% of the total issued shares. Based on the calculation of HK$ 19-220 per share, its valuation is between US$ 5.065 billion and US$ 5.87 billion when converted by exchange rate.

Netease Cloud Music reached 184 million monthly users in the first three quarters; The number of online music paying users was 27.52 million, an increase of over 93% year-on-year; The online music payment rate reached 14.9%.

In December 2018, Tencent Music landed on the New York Stock Exchange with a valuation of US$ 21.3 billion. The current market value is about US$ 12.9 billion, and the valuation of Netease Cloud Music is about 40% of Tencent Music. Judging from the number of users and financial situation; The cumulative MAU of Netease cloud music online music service and social entertainment is a quarter to a fifth of TME; And compared with TME, the revenue is about one fifth. However, compared with the market value of TME, the current valuation of Netease Cloud Music is obviously higher than its equivalent value. It shows that the capital market recognizes and values its content community.

This optimism should mainly come from Netease Cloud Music’s unique community route, original music advantages and highly sticky young users; It is optimistic about its long-term development. Recently, Xiaohongshu completed a new round of $500 million financing, with a market value of $20 billion after the investment. Community concept stocks are still promising investment targets in the capital market.

As far as community products are concerned, compared with the market value of bilibili and other content communities, the valuation of Netease Cloud Music is still in the low range. Bilibili’s monthly income in the third quarter of this year was 267 million, and its market value exceeded HK$ 200 billion. In contrast, Netease Cloud Music had a monthly income of 184 million in the first three quarters, and the highest valuation was only HK$ 45.7 billion, which was obviously underestimated.

Recently, Zhihu released its third quarter financial report, with an average monthly active users of 101.2 million and an average monthly paid members of 5.5 million. At present, the market value of Zhihu is about $4.6 billion. Netease Cloud Music’s monthly activity is about 1.8 times that of Zhihu in the same period, but its valuation is similar, which shows that its community valuation has not been fully reflected.

Due to the recent correction of China Stock Exchange, Internet community enterprises are at a low market value. When bilibili was first listed in the US in 2018, its market value was only $3.2 billion, and its share price really broke through more than two years after listing. In the long run, the valuation of Netease Cloud Music is seriously underestimated, and there is still much room for growth in the future.

Is the "first share of the music community" valuable after the copyright is not independent?

According to the prospectus, Netease Cloud Music’s revenue from 2018 to 2020 was 1.1 billion yuan, 2.3 billion yuan and 4.9 billion yuan respectively. In the first three quarters of 2021, the total revenue was 5.1 billion yuan, a year-on-year increase of 52%; Among them, online music revenue increased from 1.85 billion yuan in the same period of 2020 to 2.44 billion yuan, social entertainment and other sectors revenue increased from 1.52 billion yuan in the same period of last year to 2.67 billion yuan, online music service revenue accounted for 47.7%, social entertainment services and other income accounted for 52.3%.

From the cost side, the proportion of Netease Cloud Music content service cost to revenue has gradually decreased, and the gross loss has continued to narrow. At present, the gross profit margin has turned positive. In terms of revenue growth rate, Netease Cloud Music also far exceeds the overall level of the industry, reaching over 100% in 2019 and 2020, and still reaching 60.0% in the first half of 2021, about twice the growth rate of the industry. In the first half of 2021, the adjusted net loss of Netease Cloud Music narrowed to 500 million yuan year-on-year, and the gross profit margin increased significantly and turned positive to 0.4%.

It is worth noting that at present, most of Netease Cloud Music’s losses are caused by changes in the fair value of convertible redeemable preferred shares. After listing, this part of the loss will disappear with the completion of the share conversion (the latest one will expire on October 23, 2023) and will not lead to the outflow of cash flow.

In July this year, the exclusive copyright of music was banned. For the online music market, this means that the industry has returned to a level playing field. Affected by this, Netease Cloud Music has recently reached copyright cooperation with Modern Sky, Hong Kong Emperor Entertainment and China Record Group. Many famous artists, bands and musicians, such as Nicholas Tse, Joey Yung, Twins, New Pants, Tong Yang and Wu Tiao, have returned. According to the analysis of Western Securities, under the premise of gradually eliminating copyright monopoly in the music industry, the core competition of online music platform will focus more on ecological construction and user operation experience, and Netease Cloud Music has advantages in these aspects.

Hong Kong stock policy is favorable and frequent attention is paid to high-growth technology Internet enterprises.

This year, the global capital market continued to fluctuate, and many Internet companies decided to suspend the IPO process. Recently, however, with the stabilization of the market, the HKEx has also released a number of positive signals, including optimizing and broadening the secondary listing mechanism, and including technology Internet stocks such as Netease, JD.COM and Xinao Energy in the Hang Seng Index, so as to attract more enterprises to come to Hong Kong and return to Hong Kong for listing. Netease Cloud Music, as the first Internet company to officially launch IPO, also shows the strong endogenous motivation and development potential of the music community.

Compared with bilibili’s market value of more than 20 billion US dollars, and Xiaohongshu’s valuation of 20 billion US dollars; If Netease Cloud Music operates properly and the fundamentals continue to improve, there should be more room for growth.

After the reform of the listing system of the Stock Exchange in April 2018, attracting more relevant funds and enterprises to IPO in Hong Kong became the focus of work, and more and more Chinese stocks "returned" to Hong Kong for secondary listing. The relevant planning of the Stock Exchange shows that it will continue to develop Hong Kong into a large global and regional enterprise for major listing or secondary listing; andraise fundsTo attract global investors interested in investing in companies in the Asia-Pacific region and mainland investors seeking international investment opportunities.

Recently, Weibo also passed the hearing of Hong Kong stocks. Netease Cloud Music officially launched the IPO, and the recovery of Internet stocks in the Hong Kong stock market may have gradually occurred.

Hubei strictly abides by the last link of epidemic prevention "combination boxing" to improve the disposal capacity of medical waste

  Safe disposal of medical waste is an important measure to cut off the route of virus transmission and prevent secondary pollution. Since the outbreak of the COVID-19 epidemic, the wastes produced by designated medical institutions in Hubei Province have been classified, collected and treated harmlessly in strict accordance with the standards, and the whole process of disposal has been regularly supervised and enforced, keeping the last pass of epidemic prevention.

  "Combination boxing" improves disposal ability

  In order to ensure the timely, orderly, efficient and harmless disposal of medical wastes, according to the requirements of the Ministry of Ecology and Environment, Hubei has achieved "one special class, one capacity, one scheme and one temporary storage" to strengthen the emergency reception and disposal capacity of medical wastes.

  While the existing disposal companies are operating at full capacity, Hubei Province has upgraded and upgraded a number of factories and facilities, which can be used as emergency disposal units at any time. Huanggang Hongyuan Pharmaceutical Co., Ltd. and Huaxin Environmental Protection Company have completed the trial operation of emergency disposal, and the incineration facilities of Shiyan Dongfeng Environmental Protection Company have been maintained and overhauled, with emergency capability.

  In the process of medical waste transportation, it is managed by special personnel, collected in time, recorded, classified and stored, and transported by special vehicle, and special transportation tools for preventing leakage and spillage are used. Provide personal protective materials and conduct daily temperature monitoring for relevant front-line operators to ensure safety.

  In addition, the eco-environmental system of Hubei Province regularly supervises and enforces the whole disposal process to ensure the full coverage and treatment of medical wastes. Shiyan City has carried out several rounds of special law enforcement inspections on medical wastes; Huanggang City checks the sewage treatment facilities and medical waste storage rooms of township hospitals and other medical institutions every day to block the secondary transmission.

  According to the emergency disposal requirements of the Ministry of Ecology and Environment, all cities and states in Hubei Province have built emergency storage warehouses for medical wastes, with an emergency storage capacity of 1,552.6 tons. Seventeen temporary storage warehouses for medical wastes have been built in Wuhan, with a total storage capacity of 1,118.6 tons. The province has put into operation 35 medical waste (emergency) disposal units, with a total of 1391 front-line staff. At the same time, we actively strive to bring the support policy for medical waste disposal enterprises into the scope of the provincial government’s support for small and medium-sized enterprises to tide over the difficulties, and coordinate Xiangyang Zhongyou Youyi Company to invest 35 medical waste transport vehicles and huaxin cement Company to invest 4 vehicles to support Wuhan’s medical waste transfer work free of charge.

The staff transferred the medical waste from the tongji hospital Sino-French New Town affiliated to Huazhong University of Science and Technology. Chu Huan photo (Zhongjing vision)

  Strictly observe the last link of epidemic prevention

  Collection, handling and loading … … Unlike the hospital linens collected in the past, Luo Jun collected linens infected by COVID-19 virus in dozens of hospitals in Wuhan these days. Luo Jun is the head of the logistics department of Hubei Renfu Medical Service Co., Ltd., a subsidiary of Renfu Pharmaceutical Group, which mainly provides services such as washing, disinfection and distribution of medical fabrics.

  After the linen was transported back to the company, according to the standard operation flow, Luo Jun drove the truck to the designated isolation area, unloaded it with his colleagues and sorted it, and then the colleagues pulled the sorted linen into the isolation area for sorting, washing and disinfection, and finally disinfected the vehicle.

  In Wuhan Jiangxia First People’s Hospital, medical waste was put into the yellow trash can marked with "Medical Waste", and then transported out of the hospital’s garbage outlet and sent to the medical waste emergency treatment system. "All medical waste barrels are disinfected before leaving the hospital, and then disinfected after being shipped out." According to Zhao Yanni, the person in charge of the medical waste emergency treatment point, the medical waste collected from the ward at ordinary times will be sent to the hospital’s temporary storage, which has a disposal center and will be transported to the disposal point by a professional team. However, Wuhan’s current transportation capacity and terminal disposal capacity are tight. In this case, the medical waste collected in the ward is treated harmlessly on the spot through the medical waste emergency treatment system.

  Disinfected medical waste barrels are placed in the temporary storage area of medical waste, and emergency treatment is carried out in batches. The medical waste emergency treatment system includes six links: feeding, sterilization, discharging, transportation and unloading. It takes about 80 minutes to load and unload. The staff pushes one barrel of medical waste to the feeding station at a time. After automatic control, lifting and tipping, the waste is poured into the sterilization trolley and enters the high-temperature sterilization chamber.

  Sterilization is the core link of the whole system. The reporter saw in the First People’s Hospital of Jiangxia, Wuhan that the medical waste emergency treatment system entered the hospital in a whole vehicle and was disposed of at a fixed point. Wei Bin, general manager of Qidi Environmental Solid Waste and Renewable Resources Center, the provider of the system, introduced that the temperature in the sterilization chamber is above 135℃, the working pressure is 0.23 MPa, and the high-temperature steam sterilization is required to last for more than 45 minutes. After the waste is treated up to standard, it is discharged, transferred to the transportation station, placed in a sealed plastic bag, and translated to the unloading station. The treated medical waste, like domestic waste, is removed by the sanitation system and sent to the nearest waste incineration site.

  During the epidemic period, the amount of medical waste produced in Wuhan is several times higher than before, and a number of new technologies and products for disinfection have become the main force of medical waste treatment. The "medical waste virus killing device" jointly developed by Hubei Guanghui Energy Saving Technology Co., Ltd. and Institute of Electronics, China Academy of Engineering Physics uses microwaves to irradiate the medical waste in the container, so that the medical waste can automatically heat up, which can effectively kill bacteria and viruses. The "Environmental Protection Medical Waste Incinerator" developed by Hubei Weitian Environmental Protection Technology Co., Ltd. covers an area of less than 10 square meters. It can complete desulfurization and denitrification of flue gas while burning medical waste, and can handle 2 tons to 4 tons of medical waste every day.

The staff of Huanggang Environmental Protection Bureau inspected the medical waste disposal records. Chu Huan photo (Zhongjing vision)

  Basically realize Nissan Nissin.

  In other cities and prefectures in Hubei, the capacity of medical waste disposal has been continuously enhanced, and the daily production has basically been achieved.

  "At present, the daily disposal of medical waste is about 20 tons." Xu Yang, director of Xiangyang Hazardous Solid Waste Management Center, introduced that Hubei Zhongyou Youyi Environmental Protection Technology Co., Ltd. was urgently approved by the city to start the emergency disposal of medical waste. This company is a hazardous waste disposal enterprise adopting rotary kiln incineration disposal technology, with a daily disposal capacity of 30 tons to 40 tons. Together with two other disposal enterprises, it can fully meet the needs of harmless disposal of wastes generated by designated diagnosis and treatment hospitals and centralized medical observation points in the city at present, and all medical wastes can be collected, transported and disposed daily.

  On February 14th, huaxin cement (Yichang) Co., Ltd. successfully put the second cement kiln collaborative medical waste disposal system into trial operation. So far, the emergency collaborative disposal capacity of medical waste in huaxin cement has reached 10 tons/day. Together with the original medical waste disposal capacity of Sander Company and Qiduoyun Company of 21 tons/day, Yichang has formed a disposal capacity of 31 tons/day, and all medical wastes can be collected separately, transported safely and disposed harmlessly.

  On February 26th, Yichang started the action of cleaning and rectifying rural domestic garbage. At present, the competent departments of counties and cities in Yichang have set up special working groups, focusing on four key points: cleaning and cleaning, garbage removal, disinfection of facilities and equipment, and collection and disposal of discarded masks. According to the working mechanism of "household classification, group cleaning, village collection, town transfer and county treatment", the village environmental sanitation and cleaning operations are carried out, and the rural "combat unit" for epidemic prevention and control is strictly adhered to.

  Wang Sihai, deputy general manager of Huanggang Longzhong Environmental Protection Co., Ltd. said that the average daily medical waste collected, transported and disposed in the city is about 15 tons, which is twice the normal disposal amount (7 tons/day) and more than three times the usual volume. "The company strictly operates the process and tries its best to maximize the disposal capacity."

  "Although the medical waste received every day is more than usual, the company is running well, ensuring the daily production of medical waste." As the only qualified hazardous waste disposal enterprise in Xianning City, Chen Zhou, manager of the production department of Hubei Huichu Hazardous Waste Disposal Co., Ltd., told the reporter that they will definitely hold the "last link" of the epidemic prevention work of medical waste disposal. (Economic Daily-China Economic Net reporter Liu Jie correspondent Xiong Xi’ an)