Market power of Chinese companies Beijing takes on tech companies

Status: 23.06.2021 12:18 p.m.

Numerous large and valuable tech companies have emerged in China in recent years. The government did its best to promote the rise. In the meantime, however, the feel-good phase is over.

By Steffen Wurzel, ARD-Studio Shanghai A small coffee shop in Shanghai’s Jing’an business district. The shop is popular, a take-away coffee costs the equivalent of two euros, a bargain for this location. The fact that shopkeeper Wu Jialing is still worth it is because he can sell a lot of coffee within a short period of time. Customers pay by smartphone. You simply scan the QR code that is hanging next to the coffee machine. “Paying by app is incredibly fast,” says the shop owner. Serving the cash register, looking for change, washing your hands after contacting the cash register and cash – all of this is eliminated. Correspondingly more sales are possible.

Revolutionized dealing with money

The payment apps Alipay and WeChat-Pay have revolutionized the way money is handled in China within a few years. Instead of struggling with the mostly old-fashioned, complicated and sluggish state banks, most Chinese people now fully rely on the smartphone apps of the domestic fintech companies Ant and Tencent to handle their everyday financial transactions.

It is no longer just about cashless payments. The Alipay app can now also be used to take care of investments, insurance and old-age provision. That too weakens the role of the state banks. “In the area of ​​finance, China has developed from a very backward place to a global pioneer in terms of fintech,” explains Martin Chorzempa of the Peterson Institute for International Economics in Washington. Not only in the financial technology sector have new, powerful large corporations emerged in the country in recent years. There was also a start-up boom in other tech areas, financed partly by state and partly private venture capital.

Government rethinking corporate relationships

Whether online shopping, social media or delivery services: For years, companies such as Alibaba, Bytedance and Meituan have been able to rely on political and sometimes financial support from the government. But in the past few months the climate has changed, says Duncan Clark, head of the management consultancy BDA in the Chinese capital Beijing. “It seems that the government in China is rethinking its relationship with the big tech companies.”

Obviously, some of the big tech companies have grown too big too quickly for the communist leadership – and above all too powerful. The fact that cartel and supervisory authorities are taking action against the market power of large corporations such as Google, Amazon or Facebook is also true in Europe and the USA. But: “What makes the matter special in China are the outstanding position of the Communist Party and the tensions that exist again and again in China: Tensions between the large state corporations supervised by the CP on the one hand and the private sector on the other.” explains Clark.

Ant IPO stopped

These tensions became apparent in China over the past year. In several cases, the state and party leadership slowed down the emerging private companies. Ant, the parent company of the payment and financial services app Alipay, wanted to go public last November, for example. It would have been the largest IPO in world economic history. With him, the Chinese fintech company Ant would have collected around 30 billion euros. But two days before the equity debut in Hong Kong and Shanghai, the government surprisingly stopped the IPO. Ant does not meet certain regulations, it was announced. Further details: none. But in the following weeks it became clear that the cancellation of the Ant IPO probably came from the very top. China’s state and party leadership was apparently bothered by statements by Ant boss Ma Yun, alias Jack Ma, who said in a speech in Shanghai shortly before the planned IPO: “As far as the financial sector is concerned, we are still beginners in China. We do have Big banks – they are like big rivers. But what we mainly need are small lakes, ponds, streams and smaller rivers. ”

Open criticism crosses a red line

China’s financial system, previously dominated by large state banks, harbors risks, Ma criticized. That is unhealthy. A statement that many experts would endorse, but from the point of view of the communist leadership, the previously ubiquitous model manager had crossed a red line with his open criticism of the state banks.

The IPO of his fintech company Ant burst. Ma himself had to withdraw to a large extent from the public.

Several company directors resigned

“At first it was thought that this was all about Jack Ma because he was so open about himself, and about his company Ant,” says management consultant Clark, who has also written a book about the rise of Jack Ma. “But since then we have seen much more extensive crackdown by the authorities against large tech companies in China.”

Other prominent startup founders and tech billionaires resigned. For example, Zhang Yiming, the head of the TikTok parent company Bytedance, and Huang Zheng, who ran the emerging Chinese online shopping group Pinduoduo. The reasons for the resignations are unclear, but most industry observers believe government pressure played a role. “The Communist Party is profiting enormously from the consumption boom that all these tech companies have triggered in China,” Clark analyzes. “But this is not a one-way street. We see a certain double dependency between the CP and the tech companies: Both somehow need each other, but in the end the party says: ‘You need us more.'” It is becoming increasingly clear that China’s leadership is no longer allowing private tech companies to get away with as much as it has before. They too must submit to the Communist Party’s claim to leadership. Criticism will not be tolerated, however subtle it may be.

Lost 25 billion euros in one post

This was recently also experienced at the delivery service group Meituan, against which the antitrust authorities are investigating. Meituan boss Wang Xing posted a historical satirical text that is more than 1000 years old in early May. This text is about criticism of a former Chinese emperor. Some understood the post of the company boss and multi-billionaire as a hidden criticism of today’s rulers. The Meituan boss deleted the posted text, but Meituan’s stock market price plummeted by almost 15 percent, and the company lost around 25 billion euros in value in one fell swoop. The fact that Xing then donated around ten percent of his personal fortune, around 1.8 billion euros, to a charity is understood as an attempt at penance. “Many company bosses in China are currently examining how they can get rid of outstanding titles or even parts of their assets,” reports management consultant Clark. “It’s about behaving as inconspicuously as possible, no longer being the tallest tree in the forest. Because it is the first to be felled.”

“The 10 groups of flower beds provide visitors with the experience of admiring the flowers and learning about the party history in a way that they love to hear.” Lan Hailang introduced.

On June 19th, people took photos at the “Open Heaven and Earth” flowerbed located in the northwest corner of Jianguomen, Beijing.Photo by Xinhua News Agency reporter Chen Zhonghao

From Jianguomen to Fuxingmen, 10 groups of three-dimensional flowerbeds are in order of opening up the world, building the army, building a great cause, reform and opening up, going to the world, people first, all-round well-off, innovative development, beautiful China, and set sail.

“‘People-centered’ is the soul of flower bed design.” Lan Hailang said that the flower bed design highlights the theme of the Chinese Communist Party leading the people across the country to live a happy life. In addition, the flower bed itself must be ornamental to meet the people’s needs for “punch-in” play.

On June 19, citizens took photos in front of the “People First” flower bed located in the northeast corner of Xidan, Beijing.Photo by Xinhua News Agency reporter Chen Zhonghao

“The’people first’ flowerbed most directly embodies the design core of’people-centered’. It is based on the red flag inlaid with the words’people-centered’ as the background, plus medical staff, police, running young people, and shuttle buses. Of elementary school students, mothers pushing strollers, elderly people practicing Tai Chi, etc.” Lan Hailang said. This is the “Jianguo Weiye” flowerbed in the southeast corner of Dongdan, Beijing, taken on June 18.Photo by Xinhua News Agency reporter Li Xin On June 19th, pedestrians passed by the flower bed of “Army Founding” located in the northeast corner of Dongdan, Beijing.Xinhua News Agency reporter Chen Zhonghao “Dynamic” is a high-frequency word of the interviewees. Lan Hailang said: “The flowerbed of’Sailing Sailing’ in the northeast corner of Fuxingmen shows that a huge ship is going through the Rainbow Gate embedded with the’New Journey of the Chinese Dream’. It depicts the dynamic process with static writing and movement.” On June 19, pedestrians passed the “Sailing Set Sail” flower bed located in the northeast corner of Fuxingmen in Beijing.Photo by Xinhua News Agency reporter Chen Zhonghao On June 19, pedestrians passed the “Innovative Development” flower bed located in the northwest corner of Xidan, Beijing.Photo by Xinhua News Agency reporter Chen Zhonghao Lan Hailang said that the “comprehensively well-off” flowerbed presents the scattered and unique houses of Shibadong Village. The colorful flower setting reflects the happy life and increases the visual impact. “The beating of buildings and colors is a dynamic display.” In addition, the “Beautiful China” flower bed depicts a slowly unfolding landscape painting, “When the breeze blows and the flowers swing, you can see the leaping of’mountains’ and’water’.” On June 19th, citizens and tourists took pictures in front of the “Comprehensive Well-off” flower bed located in the southeast corner of Xidan, Beijing.Xinhua News Agency reporter Chen Zhonghao On June 19th, citizens and tourists took photos in front of the “Beautiful China” flower bed in the southwest corner of Xidan, Beijing.Xinhua News Agency reporter Chen Zhonghao When talking about the selection and maintenance of flowers, Lan Hailang said: “Beijing is very hot in June and July, and it is still in the rainy season. When designing flower beds, relevant scientific research units carefully selected flowers that resist high temperature and waterlogging according to the characteristics of the climate. “He said that this time the flower beds are all using intelligent garden maintenance techniques, watering and fertilizing can be automated, and regular manual inspections are also supplemented to grasp the condition of the flower beds. On June 19th, pedestrians passed the “reform and opening up” flower bed located in the northwest corner of Dongdan, Beijing.Xinhua News Agency reporter Chen Zhonghao On June 19th, citizens and tourists took photos in front of the “Going to the World” flower bed located in the southwest corner of Dongdan, Beijing.Xinhua News Agency reporter Chen Zhonghao “The flower bed has been a long process from design to meeting with the audience, which has condensed the efforts of many departments and many people. The design elements are constantly scrutinized and the decoration scheme is constantly revised. This is a long process.” Lan Hailang said

Competition authority Antitrust Office targets Apple

As of: June 21, 2021 2:46 p.m.

The Federal Cartel Office is now also investigating Apple. Above all, the US group’s business conduct in the App Store wants to investigate. Similar proceedings are in progress against other large tech companies. The Federal Cartel Office initiates investigations against the technology group Apple. The authority wants to find out whether the US group with parts of its business a “cross-market importance” has in competition. Cartel Office President Andreas Mundt said: “We will now examine whether Apple has built a digital ecosystem across several markets around the iPhone with the proprietary iOS operating system.” After all, the US group also produces tablets, computers, headphones and watches and sells them at the same time “a range of device-related services and services”. The Group’s Services division includes the App Store, iCloud, technical support at AppleCare, the Apple Music music service, the range of games in front of Apple Arcade, the Apple TV + streaming service and other services.

EU sees unfair competition

During its investigation, the Cartel Office will also examine Apple’s technical and financial resources as well as access to data, according to Mundt. One focus of the investigation will be on the operation of the app store, as this enables the group in many cases to influence the business activities of third parties.

Apple’s app store system is already being investigated by the EU Commission, which accuses the group of unfair competition with other providers of music streaming services. Among other things, it is controversial that 15 to 30 percent of the digital revenues in the App Store go to Apple. “We look forward to discussing our approach with the Federal Cartel Office and engaging in an open dialogue about any concerns”it said in a response from Apple. The group is “proud to be an engine for innovation and jobs”. The iOS platform alone supports more than 250,000 workplaces in Germany.

Cartel office can intervene earlier

The background to the investigation is a reform of the Act against Restraints of Competition (GWB) in January. A central component is the modernization of abuse control. The supervisory authorities can now intervene earlier in the event of suspected violations by large digital corporations and prohibit anti-competitive practices.

This also makes it easier for the Cartel Office to take action against large digital companies that are important to competition across borders between different market areas. This has already had consequences: the last time the Bonn authority was against the online network Facebook and in May against the mail order company Amazon and against the internet company Google Investigation started.

According to the cartel office, an expansion of the investigation against Apple is imminent. The authority intends to “to take a closer look at Apple’s specific behavior in a possible further procedure”. The Office has received various complaints against potentially anti-competitive practices

Mr. Goosdeel affirmed that this situation shows that in order to be able to deal with future disasters, it is necessary to quickly change the perception that drugs are not a problem of only one person, but that it is affecting people. community at large in more ways. In the report, EMCDDA warned that drug addicts now have access to a wider range of drugs, with higher purity. In 2020 alone, 46 new drugs were discovered in the European Union (EU). In the context of many countries imposing restrictive measures to prevent and control the COVID-19 epidemic, whereby, discos and bars must close at night, reducing the drugs used on special occasions. parties such as ecstasy, consumption of some has increased significantly, especially the purchase and sale of the compound benzodiazepine, often prescribed for sedation. In addition, the EMCDDA report also noted that the authorities had seized a record amount of cocaine in 2019, with 213 tons, much higher than 177 tons in 2018, and the number of people who had to detox for the first time as well. Strongly increasing.

Committee of Inquiry Wirecard and the “Mastercard” from Commerzbank

As of: 06/09/2021 3:01 a.m.

The parliamentary groups’ final reports on the Wirecard committee of inquiry are almost ready. Nevertheless, the panel heard witnesses well into the night. It was about early information from Commerzbank. By Arne Meyer-Fünffinger and Josef Streule, BR When the Munich Chief Public Prosecutor Hildegard Bäumler-Hösl entered the “Europa Hall” in the Paul-Löbe-Haus, the Wirecard investigative committee had already spent almost nine hours of intensive witness questioning behind it. At this point in time, the committee had already questioned the head of the FIU anti-money laundering unit, Christof Schulte, and the State Secretary in the Federal Ministry of Finance, Rolf Bösinger – with unsurprising results. Both vigorously defended the work of the authority in connection with the Wirecard scandal. “We have no indications that the FIU would not have fulfilled its legal mandate,” emphasized Bösinger. The FIU has been standing for reporting from BR research for days again more and more criticized. In February 2019, Commerzbank submitted a detailed suspicious transaction report to the FIU – including a list of almost 350 suspicious transfers and a short report to make the FIU’s work easier. A reference to the allegations made against former Wirecard managers was not recognizable, explained Schulte and Bösinger. The FIU therefore only forwarded this suspicious activity report to the responsible criminal investigation authorities in Bavaria in July 2020, after seven foreign partner authorities had been sent “spontaneous information” in July 2019. Schulte emphasized that there has been no response from them to this day. And apart from that: “The Commerzbank report was by our standards not a particularly good report,” said the FIU boss.

Prosecutor: Commerzbank report was the “Mastercard”

The Munich public prosecutor’s witness, Chief Public Prosecutor Bäumler-Hösl, arranged the Commerzbank report completely differently when she was interrogated: “The major money laundering report from Commerzbank is the Mastercard. This is the most valuable and most extensive money laundering report. It is elementary. ” “That’s a statement,” said the committee chairman Kay Gottschalk (AfD) spontaneously. The lawyer also contradicted Bösinger and Schulte on a central point: Both had emphasized that Commerzbank’s suspicious transaction report had no reference to the German legal area. That is why the FIU did not forward this to the local authorities any faster. “What alarmed me about the report is the presentation of the facts by Commerzbank,” she said. This refers to the brief report that the bank added to the list of nearly 350 suspicious payments. In this and in the transfers listed by the Frankfurt money house, a relationship with Germany was clearly recognizable, Bäumler-Hösl made clear. With the fact that the report did not contain any reference to Germany, the FIU justified the fact that it had only informed the local authorities of this information more than a year and a half later. “All the reasons given by the Federal Ministry of Finance as to why the FIU did not initially have to pass on the suspicious transaction report have literally collapsed,” commented Florian Toncar (FDP) on the statement by the chief public prosecutor.

Wirecard suspicious activity report on a silver platter

Matthias Hauer (CDU / CSU) had already disagreed with the presentation of the FIU representative before the chief public prosecutor’s statement: “In my opinion, the silver platter is not enough, it must be made of gold.” Other experts had also classified the suspicious activity report from Commerzbank in the run-up to today’s testimony as a “silver platter” on which the bank had served the FIU with its information. The third witness in the Wirecard investigative committee, Rolf Bösinger, State Secretary in the Federal Ministry of Finance, countered the accusation that he had withheld information from parliament at an earlier point in time: “These accusations are untenable. I have neither withheld information nor do I have it There is nothing to hide or to conceal. We have informed the German Bundestag and the MPs comprehensively, “he said.

Accusation of “concealment”

These statements did not make an impression on every committee member. For Lisa Paus (Bündnis 90 / Die Grünen) they were “not credible”, Hans Michelbach (CDU / CSU) spoke of “veiling” by the ministry even after Bösinger had been questioned for several hours. BR research had previously reported on internal mail correspondence of the FIU, according to which Bösinger is said to have influenced a dossier of the FIU accordingly. This was drawn up by the authority on the occasion of a special meeting of the finance committee on August 31, 2020. The dossier was an internal preparatory document, stressed Bösinger in front of the members of the committee of inquiry. They will now focus on completing their final reports after months of work. Bundestag President Wolfgang Schäuble will probably receive a thick pile of papers at the end of this month.

Receiving donations for the Covid-19 Vaccine Fund from the Ministry of Transport. Photo: TIEN DIEP On the morning of June 15, Comrade Do Van Chien, Secretary of the Party Central Committee, Chairman of the Central Committee of the Vietnam Fatherland Front received donations for the Covid-19 Vaccine Fund from officials, civil servants and public employees. the Ministry of Transport employees the amount of one billion dong. Giving the donation amount to the Central Committee of the Vietnam Fatherland Front, Mr. Nguyen Van The, Member of the Party Central Committee, Minister of Transport shared: “The situation of the Covid-19 epidemic in our country is facing a difficult situation. continued to be complicated and unpredictable. With a sense of responsibility, joining hands with the whole country to “fight the epidemic like fighting the enemy”, officials, civil servants, public employees and workers of the transport sector have actively supported the Vaccine Fund for Covid-19 prevention and control. . Sincerely thanking the cooperation and support of officials, civil servants, public employees and workers in the transport industry, the Chairman of the Central Committee of the Vietnam Fatherland Front affirmed that the call of the President Vietnam, the Presidium of the Central Committee of the Vietnam Fatherland Front and the enthusiastic speech of Prime Minister Pham Minh Chinh when demonstrating his determination to widely vaccinate the people have touched the hearts of Vietnamese people inside and outside the country. country so that each person feels responsible for joining hands to support the Party and State in the fight against this epidemic. Comrade Do Van Chien pledged that, from the resources received, the Front will fully gather, publicly, transparently and promptly allocate it to the Vaccine Fund so that Vietnam can soon control the epidemic and its people. soon return to production and business. In the morning of the same day, Vice Chairman of the Central Committee of the Vietnam Fatherland Front Phung Khanh Tai received support for Covid-19 prevention and control from readers of Dai Solidarity Newspaper worth 500 million VND; Charity Association Zen Ton Phat Quang – Dinh Mountain (Ba Ria Vung Tau) donated 150 million VND; The Korean National Unification Advisory Committee – Hanoi branch supports the Covid-19 Vaccine Fund with the amount of VND 50 million; Buddhists and laypeople of Vinh Phuc Tu Pagoda (Huu Bang – Thach That) support the Vaccine Fund 200 million VND; Vietnam Association of Supporting Industries (Vasi) donated 400 million VND to the Vaccine Fund; The Northern Phu My Fertilizer Association donated VND 280 million to the Vaccine Fund. In the afternoon of the same day, Vice Chairman of the Central Committee of the Vietnam Fatherland Front Truong Thi Ngoc Anh received a donation from the People’s Police Academy – Ministry of Public Security in the amount of VND 250 million; Team Saffaron Queen donated 15 million VND; New Wave Solution Joint Stock Company donated 46 million VND to the Vaccine Fund. * On the afternoon of June 15, at the Provincial Department of Health Hue Mr. Nguyen Minh An, Deputy General Director in charge of the Central – Central Highlands region of PVI Insurance Corporation, cum Director of PVI Hue Insurance Company donated a support package of 750 Covid-19 antigen rapid test kits. to the Department of Health of Thua Thien Hue province. Representatives of PVI Insurance Corporation in the central region – Central Highlands and PVI Hue Insurance Company supported the Covid-19 epidemic prevention and control fund. The total equivalent value of the support package is VND 100 million. This is an activity in the program to support the Covid-19 epidemic prevention fund at hospitals and localities under PVI Insurance Corporation. It is expected that PVI Insurance Corporation will continue to donate 200 million VND to the Department of Health of Ho Chi Minh City in the coming days. Following the call of the Prime Minister and the Central Committee of the Vietnam Fatherland Front to build a Vaccine Fund for Covid-19 Prevention and Control to mobilize resources in the society to join hands to fight the Covid-19 epidemic. From the end of May until now, PVI Insurance Corporation has contributed to support and support the epidemic prevention and control activities of Vietnam’s health sector with a total amount of more than two billion dong. In which, PVI has transferred one billion VND to support the Central Fund for Covid-19 Prevention and Control. Next, PVI has supported activities for public hospitals on the front lines of the fight against Covid-19 such as: giving 200 million VND to support the Covid-19 Prevention and Control Fund to Thong Nhat Hospital (Ho Chi Minh City). ); donate 150 million VND to support Hanoi Medical University Hospital; at the same time, giving 200 million VND to support the National Children’s Hospital and 250 million VND to 108 Military Central Hospital.

Nayeon just got a photo shoot wearing a Louis Vuitton outfit Momo also has her own photo set in W magazine While fans of TWICE congratulated the members who appeared on a famous magazine, praising the haughty Nayeon, and a healthy Momo that conveyed the spirit of the fashion house, there were also many comments. the opposite side. If Nayeon was criticized for “taking high-class clothes and having her hair tied on both sides”, Momo was criticized for being not suitable for the outfit, some set She looked too flabby for her figure. Nayeon was criticized for not being suitable for high fashion Momo has been criticized for being a one-color expression Some opinions suggest that Nayeon does not have the luxurious temperament needed to model a high-end brand, and Momo has a wry expression, looking at the series of photos only has a cold, slightly parted face. The Korean BLINKs community also thinks that in terms of modeling for fashion photos, BLACKPINK is much better, from visuals to expressions, which are very suitable for outfits. Momo’s way of posing also has mixed opinions However, this comment of some BLINKs has been strongly opposed by netizens, claiming that BLINKs should not be too high on BLACKPINK but defame TWICE. Indeed, BLACKPINK has a very strong fashion sense, deserving to be invited to be the representative face of famous fashion houses, but not all photos are outstanding. Rosé herself is also being criticized for only acting “one color” when photographing magazines Recently, both Rosé and Lisa have been criticized as boring, one-color expressions in fashion photos. Although shooting for different magazines, both members often keep their faces cold, their eyes sharp and their lips parted to reveal their front teeth. Or Jenny’s tongue-out expression is very unique and impressive, but not all netizens like it. Lisa is also criticized for lack of transformation in the new set of photos Therefore, instead of complimenting BLACKPINK and criticizing TWICE, the fan community on both sides should be glad that K-Pop girl groups are getting more attention from famous fashion houses.

Text｜Wang Yaqi

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There are more and more ways to buy vegetables.

Grocery store owners, fruit stall owners and even the staff of the express delivery station, three steps one person five steps one shop, there are always acquaintances around you enthusiastically to Amway: enter my group, order online and buy food, you will be able to come to me tomorrow Here to get the goods.

In the fiercely competitive 1.0 stage, Internet giants entered the game, competing for speed. Grabbing group leaders, occupying outlets, carrying traffic and capital into the originally relatively closed community consumption scene, and when users have the first experience, the next stage, the focus of competition becomes the development of consumption habits, and it is better to use Efficiency and experience to meet demand.

As the “indigenous people” of the community, real estate companies with rich wealth do not want to let go of this fat, and want to get a piece of the pie.

Real estate company not willing to be robbed of business

Take the Hengyou Mini Program as an example. There are 9 sections of local specialties, meat, poultry and eggs, tea brewing, seasonal fruits, alcoholic beverages, cooked food, snacks, cereals and non-staple foods, and new products on the shelves, with approximately 270 SKUs. However, there are not many fresh products. Seasonal fruits, meat, poultry, eggs, milk, and cooked food add up to only 26 SKUs, accounting for less than 10%.

If the category is not vertical enough, then make up the span. It not only provides three meals a day, but also covers various application scenarios of household consumption. For example, Hengyouyou also has tourism products such as a five-day, four-night tour in Zhangjiajie, Hunan, and a four-day, three-night tour in Guilin. Biyouyou also sells small home appliances, rice cookers, mobile phones, data cables, and Baodeli’s selection as well as tissues and laundry detergent. , Masks and other daily necessities.

The prices of commodities are generally higher than those of Dodo and Meituan. In Duoduobuying, the price of 30 native eggs is 13.98 yuan. For newcomers, 4 fresh eggs per cent are the magic weapon for drainage. But in Biyou, the price of 30 eggs is 39.05 yuan.

This is easy to understand. The customers of real estate companies are mainly the owners. The selling of vegetables is ultimately for word-of-mouth services. The goods are cheap but the quality is average. What hurts the owners’ trust in the brand. In the past few years, real estate companies have been trying to put various labels on their brands to increase consumer awareness. The agricultural field, which represents the original ecology and healthy lifestyle, is a key direction of their exploration.

As early as 2012, Greentown Property had done vegetable sales through the cooperation of investment promotion and vegetable suppliers. Wanda directly built a 5,700 acres of organic agricultural park in Beijing, which was self-harvesting and self-selling, as well as agriculture developed by Vanke and China Resources. A characteristic town with unique agricultural, forestry, animal husbandry and fishery products. Country Garden has a wider range of business flows. In 2016, it launched the community store “Phoenix Optimal”, selling a variety of rice, grains and oils. At its peak, there were more than 1,300 stores across the country.

Looking at the financial reports of major property companies, in addition to property fees, the growth rate of community value-added service income is a highlight that all companies have emphasized when they publish their report cards. In 2020, Evergrande Real Estate achieved revenue of approximately 10.51 billion yuan, of which property management service income was approximately 6.322 billion yuan, a year-on-year increase of approximately 37.1%, and community value-added service income was approximately 1.264 billion yuan, a year-on-year increase of approximately 120.6%.

Small community group buying players who survive in the cracks

One question is, why didn’t the property management company choose to directly cooperate with major manufacturers such as Duoduo Mai Cai and Meituan Mai Cai? Take Yi Xiaoxian as an example. The property is responsible for building a new group in the community, and it is the leader of the group. All operations and delivery actions are completed by Yi Xiaoxian. The property only needs to connect with the owner and be a “delivery tool person”. The tool person can be the community security or property management.

The property does not need to allocate too much time and energy, and at the same time it can also have an advantage in income distribution.

Zhang Teng told “e-commerce online”, “Usually our product gross profit is around 20 points. All our sales are allocated to the property. Only 12 points of profit are taken, and the remaining 8 points are reserved for the property. The financial report of the property company is a dazzling GMV. When cooperating with major manufacturers, GMV is basically attributed to the platform. It is impossible to give the property, and the property can only receive a commission. We can even develop a small program for the property. The name of the program can still be XX property.”

On the one hand, it makes the financial report of the property company look better. On the other hand, the user’s resources can still be in the hands of the property. This is the key. At present, Yi Xiaoxian has entered more than 10 communities through the property owner and is expected to cover hundreds of communities in Changzhou by the end of the year.

Taking the 1,200-household Xiangyilanqiao community as an example, the first month’s sales are about 15,000 yuan, of which the customer conversion rate is about 30%, and the average monthly customer unit price is 42 yuan. An industry insider revealed to “E-commerce Online” that the top platforms such as Meituan and Duoduo are in Changzhou, and the average daily turnover of a community is about 20,000 yuan, and the mode of property cooperation is already close to this average value.

Where is the confidence of Baotuan PK Dachang

Zhang Teng described it as a “rigid flow.” At present, most of the group leaders selected by the platform are the owners of supermarkets and fruit shops around the community. These stalls are close enough, but users still need to take a detour to pick up the goods. The security guard of the property company is the head of the team, no matter who it is, you need to enter from the gate of the community, and you will get the goods when you enter.

The conversion rate of this kind of rigid traffic is very impressive. Pan Jun, chairman of the property’s first “Color Life”, revealed in an interview that their membership conversion rate is 7 times that of traditional community shops.

But in the long run, for real estate and property companies, this is more like a transitional strategy-the party that controls the flow must also want to hold the supply chain and operations in its hands, which means that there is no need to monetize the flow. The income is divided out again.

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The director, former deputy director, chief accountant of Bach Mai Hospital was arrested for overriding medical equipment prices and appropriating money from patients (Photo: Ministry of Public Security) This is the main content in the evaluation conclusion of the Rosa Robot surgery at Bach Mai Hospital, conducted by the Investigation Police Agency, the Ministry of Public Security. Collusion to “blow prices” on the pain of the patient The conclusion of the investigation of the criminal case, the request for prosecution of the Investigation Police Agency clearly indicated: Mr. Pham Duc Tuan – Chairman and Director of BMS Company – met with Mr. Nguyen Quoc Anh to offer to Bach Mai type robot Rosa costs 39 billion VND and Mako robot costs 44 billion VND in the form of joint ventures and associates. After that, Mr. Nguyen Quoc Anh decided to approve the joint venture to connect the device with BMS Company without going through the Party Committee, Board of Directors and Union of Bach Mai Hospital. Rosa robot imported by BMS Company from France to Noi Bai airport is 100% new and the original price is more than 7.4 billion dong, but it was agreed by Mr. Nguyen Quoc Anh and Mr. Nguyen Duc Tuan to bring to Bach Mai Hospital. at the price of 39 billion dong. Rosa robot is used in cranial surgery (Photo – medgadget) The investigation concludes that Nguyen Quoc Anh has created conditions for BMS to join the joint venture and install the machine at the wrong cost to collect money from the patient. / 2020, Bach Mai Hospital used this robot to perform cranial surgery for 639 cases, earning more than 22.9 billion VND. Bach Mai Hospital has paid the cost to BMS Company related to 551 surgical cases in the hospital. In particular, according to the assessment conclusion, the pre-surgery robot Rosa is more than 6.6 million VND / case but Bach Mai Hospital and BMS Company collect more than 23 million VND / case; enjoy the difference more than 16.5 million VND / shift. Up to now, Bach Mai hospital has just contacted, paid the difference above for 86 patients. Currently, the accused Pham Duc Tuan has paid 10 billion VND to pay the difference of 16.5 million VND for 551 cases of wrong collection. The police investigation confirmed: The behavior of the former Director of Bach Mai Hospital, BMS Company and other related subjects had an agreement, collusion, receiving each other’s will, taking advantage of the policy. mechanisms for socialization, joint ventures, and association in the health sector to act against the law, raise prices for medical treatment without a legal basis, cause property damage to patients and bring benefits to BMS Company and the same interest group in Bach Mai Hospital. Therefore, the Investigation Police Department has concluded, suggesting the Procuracy prosecute Mr. Nguyen Quoc Anh – former Director of Bach Mai Hospital – and 7 accomplices for the crime of “Abusing positions and powers in on duty ”under Clause 3, Article 356 of the Penal Code, occurred at Bach Mai Hospital. Is there a “gap” in medical socialization? The socialization of public services in general and in the health sector in particular is a right policy of the Party and State, contributing to mobilizing all social resources in the context of a tight budget. , to increase investment in facilities and equipment in order to improve the capacity and quality of medical examination and treatment services, to meet the diverse needs and increasing demands of all classes of people, as well as asking indispensable in approaching the world medical achievements of the medical team, doctors. Since 2007, Bach Mai Hospital has implemented many projects on socializing joint ventures, linking the installation of high-tech medical equipment, new techniques, helping patients in the country to be diagnosed. treat many complicated diseases at a lower cost than the overseas medical examination and treatment cost. Bach Mai Hospital (Photo – BVCC) The process of implementing a number of joint venture and medical equipment installation projects at Bach Mai Hospital has revealed the limitations, violations, and even committing crimes “Abusing positions and powers in on duty ”in implementing joint venture project, associated with BMS Company. Because Bach Mai Hospital is a special-class public health facility, the pressure of innovation and the expectation of patients of the family is great, so Mr. Nguyen Quoc Anh has directed the establishment of specialized surgical faculties to develop comprehensive development (Bach Mai Hospital was originally considered to have the advantage of internal medicine), attracting patients, increasing the income of the hospital and the income of the medical team. Therefore, Mr. Quoc Anh strongly agreed with BMS Company to install surgical assistive robots at Bach Mai Hospital, and at the same time, directed and requested Nguyen Ngoc Hien and the Accounting Department to implement the procedures for signing and putting the device into operation on February 27, 2017 (Vietnam Physician Day), bypassing the procedures and procedures in accordance with regulations. On the other hand, the fact that Mr. Pham Duc Tuan and the staff of BMS Company in the process of meeting with the leaders at Bach Mai Hospital with “external” money envelopes contributed to promoting the behavior of the defendants. From the above reasons, the Investigation Police Agency has pointed out that the main responsibility for the above-mentioned violation in the whole case belongs to Mr. Nguyen Quoc Anh – former Director of Bach Mai Hospital – the person with the highest authority. , decide policy, agree on equipment price with BMS, sign joint venture and association procedures. The case of the interest group at Bach Mai Hospital – headed by Mr. Nguyen Quoc Anh and BMS Company “blowing the price” of medical equipment to “eat” on the back of a serious patient has made public opinion frustrated. This incident is a warning bell on the risk of “gaps” in the socialization of the health sector not only at Bach Mai Hospital but also in other hospitals, in need of authorities. function to investigate, clarify and protect people from dangerous tricks of people holding high positions and positions, holding great power.

According to a Hong Kong “Ming Pao” report on April 14, the new “Mainland Hong Kong People’s Groups” sub-sector of the fourth sector has been allocated 27 electoral committee seats, each nominated by 27 Hong Kong SAR government-designated groups. According to the list announced by the Hong Kong government, 11 organizations or nearly 40% of the seats are nominated by the Hong Kong (region) Chamber of Commerce and its branches, and 6 seats are nominated by the Mainland Service Center of the Federation of Trade Unions. Chief Executive Carrie Lam Cheng Yuet-ngor said that all newly designated organizations must comply with three principles, including having close ties with the sector, being representative and embodying patriots ruling Hong Kong.

The screenshot of the seat distribution of the Hong Kong Election Commission subsectors is from the official website of the Hong Kong Government

Screenshot of the Hong Kong Election Commission’s Improvement of Hong Kong Electoral System (Consolidated Amendment) Bill

Lam Cheng Yuet-ngor said at a press conference introducing the bill that in order to achieve more broad representation and balanced participation in the subsectors of the Election Committee, he hoped that more people would represent the interests of society as a whole. Subsector.

The purpose of improving the electoral system this time is to establish a system for Hong Kong that is in line with the actual situation in Hong Kong and also in line with “one country, two systems”, which can enable Hong Kong to develop more steadily. These principles, in simple terms, have the following three items: close ties, the defined group must have close ties with the subsector, so in order to become a grassroots organization, it must have close ties with grassroots work; the second is to Representativeness depends on how many members there are and how many groups are formed under the federation; the third is whether it reflects the principle of “patriots ruling Hong Kong”.

Carrie Lam’s photo from the Hong Kong Special Administrative Region Government News Network

According to the website of the Hong Kong Chamber of Commerce, the Hong Kong (Region) Chamber of Commerce in China (hereinafter referred to as the “Chamber of Commerce”) was approved by the former Ministry of Foreign Trade and Economic Cooperation (Ministry of Commerce), registered with the Ministry of Civil Affairs, and was formally established in Beijing in 1993 according to its articles of association. The fifth foreign (regional) chamber of commerce established in China after the United States, France, Italy and Japan.

The Chamber of Commerce is a non-profit and non-political social organization that integrates business and social interaction. Since its establishment, the Chamber of Commerce has been serving Hong Kong people and enterprises, promoting economic and trade cooperation and cultural exchanges between Hong Kong and the Mainland. Through executive committees, local groups, functional groups and interest groups, it has strengthened the relationship with relevant institutions and enterprises in the Mainland. It also organizes business exchange platforms, organizes cultural and recreational activities, and communicates with chambers of commerce in other countries and regions in China in business, economics and culture.

Hong Kong Chamber of Commerce activity information map from Hong Kong Chamber of Commerce website

According to the Chamber of Commerce’s website, the honorary chairman is the vice chairman of the National Committee of the Chinese People’s Political Consultative Conference, former Hong Kong chief executive Liang Zhenying and chief executive Carrie Lam Cheng Yuet-ngor. The current president is Xiao Huijun, a senior consultant of Beijing Ruisinoah Culture Communication Co., Ltd., who has issued a statement “fully support the patriots in ruling Hong Kong”.

According to Ming Pao, the Chamber of Commerce and the 10 branches of its provinces and cities can each nominate an election committee member, and at least the presidents of the Guangxi, Sichuan and Liaoning branches have public positions in the Mainland.

Among the mainland Hong Kong groups named in the Bill, all advisory service centers or service agencies established in the mainland, including the Federation of Trade Unions, are located in Shenzhen, Guangzhou, Dongguan, Zhongshan, Huizhou and Xiamen.

According to China News Agency, the Secretary for Constitutional and Mainland Affairs of the Hong Kong Special Administrative Region Government, Zeng Guowei, stated on April 2 that Hong Kong people in the Mainland understand that although they are developing in the Mainland, they still care about Hong Kong and hope to contribute to the country and Hong Kong. In this arrangement to improve the electoral system, a subsector of “Representatives of Mainland Hong Kong People’s Groups” has been added to the Election Committee. I hope they can continue to support the improvement of the electoral system and contribute to the development of the country and Hong Kong in the future.

Zeng Guowei also said that the implementation of a sound electoral system will plug loopholes and defects in the electoral system, and build a democratic system with Hong Kong characteristics that meets the actual conditions of Hong Kong and meets the practical requirements of “one country, two systems”, so as to ensure that “patriots govern Hong Kong.” “To be fully implemented, the efficiency of the SAR government’s governance is improved, good governance is achieved, the economy is developed, the people’s livelihood is improved, and some deep-seated problems are solved, so that the “one country, two systems” can be stabilized and the prosperity and stability of Hong Kong can be maintained.

In the current overall framework of Sino-US relations, what are the special features of climate change cooperation issues? Shanghai once again played the role of a “bridge” at an important moment in Sino-US relations. What are the considerations for this arrangement? Almost at the same time Kerry arrived in Shanghai, a so-called “unofficial delegation” led by the former US Senate arrived in Taipei. The United States has recently played the “Taiwan card” frequently. What does it mean?

Reading Zhengguan exclusively connected with Renmin University of China EU “Jean Monnet” Chair Professor Wang Yiwei, Director of the Institute of International Affairs for interpretation.

Interest groups influence Biden government’s climate policy

Political View: Kerry is the first senior official of the Biden administration to visit China. What is the background and significance of this arrangement? In the overall framework of Sino-US relations, what is the weight of climate change cooperation issues?

Wang Yiwei: China and the United States account for more than 40% of global carbon emissions, and tackling climate change requires the two countries and other countries in the world to work together. Biden will host a climate summit next week, after the US government has officially issued an invitation to China.

Regarding Kerry’s trip to Shanghai, although some Republicans reacted fiercely, the White House has made it clear that the United States will engage with China at all levels, and that the US-China relationship is not confrontation but competition. I think that Kerry came to Shanghai to promote some substantive cooperation. Behind the Biden administration is the support of emerging industry interest groups represented by clean energy companies. This is an important foundation for the United States to seek cooperation with China in climate policy.

Looking back at history, climate change cooperation is a bright spot in Sino-US relations during the Obama administration. At that time, Biden, the vice president, and Kerry, the secretary of state, were both promoters of relevant policies. Relevant interest groups and environmental protection organizations have played an important role in the formulation of the Obama administration’s climate change and energy policies. Today, these groups still play similar roles and exert influence on the Biden administration. U.S. emerging industry interest groups represented by clean energy companies hope that the Biden administration can urge China to take more actions in terms of carbon emission reduction.

On the other hand, climate change is a very malleable topic, involving the construction of the future international structure, especially the game of financial international structure and rule-making. Now, the United States has revealed its intention to build a carbon emission dollar system and wants to link the dollar with carbon emission data. At the same time, the EU is building a carbon emissions trading system to promote the development of the carbon emissions trading market. There are similar considerations behind this.

Responding to climate change, China, the United States and Europe have broad space for cooperation

Political View: Not long ago, at the Sino-US high-level strategic dialogue held in Anchorage, although China and the United States had differences on some issues, both sides agreed to strengthen dialogue and cooperation in the field of climate change, and the two sides will establish a Sino-US climate Joint Working Group on Change. In the context of facing differences in some areas, why did China and the United States take the lead in reaching a consensus on strengthening dialogue and cooperation in the field of climate change?

Wang Yiwei: Since the Biden administration came to power, climate change cooperation has been generally regarded as an area that can be expected in Sino-US interaction. It should be said that there is a certain inevitability and rationality in this. The promotion of climate cooperation between China and the United States on the right track conforms to the interests and expectations of the world.

In my opinion, there are roughly two dimensions that influence the direction of the international pattern in the 21st century. One is climate change and new energy development, and the other is digitalization and intelligence. Both involve the transformation of human production mode, lifestyle and thinking mode. For developed economies such as the United States and Europe, achieving carbon emission reduction is mainly to seek breakthroughs in transportation and lifestyle; for China, carbon emission reduction is from production and lifestyle, transportation, housing and other fields. Apply force directionally. China is not only the “world factory”, but also the world’s largest consumer market. Climate change is a common problem facing the world. China, the United States and Europe have joined hands to address this challenge. They are highly complementary and help avoid disputes caused by homogeneous competition among all parties.

The China-France-Germany Leaders’ Climate Video Summit will be held soon, and the China-EU Investment Agreement will also include new energy development and climate change cooperation as an important content. These are all manifestations of China’s active international cooperation in the climate field. In fact, in the field of climate change, China, the United States and Europe have extensive common interests and room for cooperation. In the next step, the key is to do a good job in carbon reduction, carbon neutralization and related time nodes and procedures, as well as the connection of the rules behind.

In comparison, international cooperation in the digital field faces some practical problems and differences due to factors such as data sovereignty and privacy protection. Of course, the development of a new energy industry will also involve the processing of massive amounts of data, and the response to climate change itself also requires digital assistance. All parties should not only strengthen cooperation, but also play games with each other in the formulation of international rules, especially safety standards.

The Biden administration’s China policy has not yet been finalized

Political View: Recently, the Biden administration has started to play the “Taiwan Card” frequently. According to media reports, on the afternoon of the 14th, former U.S. Senator Chris Dodd led a so-called “unofficial delegation” and arrived in Taipei with two former U.S. Deputy Secretary of State. What do you think about this?

Wang Yiwei: At present, the Biden administration’s China policy has not yet been fully finalized, and it is still in a transitional period. But what has become apparent is that the new administration has inherited the strategy of blocking and squeezing China in the high-tech sector during the Trump era. It is actually an attempt to obstruct China’s high-end development momentum in the global industrial chain, supply chain, and value chain. This is a core issue of the Sino-US game. Whether it’s frequently making a big fuss on the Taiwan issue or forming the US-Japan-India-Australia alliance, it is because the US wants to reshape the global industrial chain and supply chain and suppress and restrict the Chinese economy, especially the high-tech industrial chain and supply chain.

Just earlier this month, U.S. Senator Menendez and others threw out the “Strategic Competition Act of 2021”, requiring the Biden administration to adopt a comprehensive “strategic competition” policy with China. On the 14th, the U.S. Senate Foreign Affairs Committee discussed and voted on the “Strategic Competition Act of 2021.” The various actions of the United States are precisely to hinder the development of China’s high-tech industries.

Political View: At the end of July 2019, the twelfth round of China-US high-level economic and trade consultations was held in Shanghai. After a lapse of 20 months, China’s special envoy for climate change affairs Xie Zhenhua and Kerry held talks in Shanghai. Shanghai once again played the role of a “bridge” between the two sides at an important moment in Sino-US relations.

Wang Yiwei: In his first foreign policy speech in February this year, Biden proposed that US diplomacy will be “middle-class diplomacy.” And Shanghai can be regarded as a pronoun for the rise of the middle class.

In addition, Shanghai has historically served as a bridge and link between China and the United States. On February 28, 1972, China and the United States issued the “Joint Communiqué” in Shanghai, ending the two-year isolation between the two countries and opening a new chapter in Sino-US relations. In 2009, the then-U.S. President Obama made Shanghai the first stop of his visit to China.

The location of the China-US meeting in Shanghai is hoped to eliminate political ideological interference, which to some extent shows the sincerity of the two sides in climate change cooperation.