[Write in front]

As early as the beginning of 2014, when Vanke implemented the "business partner system", "barbarians at the door" was one of its concerns at that time.

But who is a "barbarian" and what kind of person is a "barbarian"?

"Barbarians at the door" is used by Wall Street in the United States to describe those hostile purchasers.

The Barbarian at the Door describes the cause and effect of RJR Na Beske Company’s acquisition with documentary reports, reproduces the most famous corporate battle in the history of Wall Street, and comprehensively shows how enterprise managers obtain and master the controlling stake of the company.

The Paper (www.thepaper.cn) was authorized by Yong Yang, general manager of Hong Ren Investment, to reprint the book and the M&A case published by Hong Ren Investment Micro Signal.

In 1980s, the acquisition of RJR Beske Company in the United States was called a classic battle of KKR, a veteran PE. Known as the "Great Acquisition of the Century", this transaction shocked the world with a purchase price of $25 billion, making it the largest leveraged buyout in history, which made the subsequent acquisitions far behind.

The acquisition campaign was mainly launched between the senior managers of RJR Na Beske Company and KKR (Kohlberg Kravis Roberts & Co.), a famous acquisition company, but due to its huge scale, many of them were

Direct or indirect participation of investment banks and financial institutions such as Morgan Stanley and First Boston.

Barbarian at the door

Target enterprise: RJR Na Beske Company.

As the largest food and tobacco producer in the United States, Reynolds-Na Beske Company was formed by the merger of American veteran food producers Standard Brands Company and Nabisco Company and RJR Company (manufacturer of Winston, Salem and Camel brand cigarettes), one of the two largest tobacco companies in the United States. At that time, it was the 19th industrial company in the United States, with 140,000 employees. It owned many famous brand products, including Oreos, Lezhi biscuits, Winston and Salem cigarettes, and Life Savers candy, which were distributed in every retail store in the United States. Although the food business of RJR Na Beske Company has expanded rapidly after two mergers, the rich profits of tobacco business still account for about 58% of its main business.

In the first two years after the merger, RJR Na Beske Company’s profit increased by 50% and its sales performance was good. However, with the crash of the stock market on October 19, 1987, the company’s stock price plummeted from the peak of $70. Although the company bought a lot of its own shares in the spring, the stock price did not rise, but fell to $40. In December, although the company’s profit increased by 25%, and the food stocks were also rising, the shares of RJR Na Beske Company were still neglected due to the influence of tobacco stocks, and 60% of its sales still came from Na Beske Company and Delmonte Food Company. The company tried to put the tobacco and food business together, but it didn’t work at all, and the decentralized management lost its effectiveness.

Merger and acquisition: management of RJR Na Beske Company.

The senior management of RJR Na Beske Company headed by Ross Johnson is the initiator of this acquisition. This group includes the head of Reynolds Tobacco Company-Ed Horichgen, Chairman of the Board of Directors of Na Beske Company Jim Welch, General Counsel Harold Henderson, independent director and consultant Andrew G.C. Sage II, etc.

Ross Johnson, who doesn’t have much ability in management, was still unknown in American business at the age of 40. With the help of a headhunting company, he became the president of a sign company. In 1984, Ross Johnson became the CEO of Na Beske Company. In 1985, he completed the merger of Reynolds-Na Beske Company. The next year, he became the CEO of RJR Na Beske Company. Johnson dares to innovate. Under his leadership, Reynolds Tobacco Company produced products with an output value of $1 billion within one year.

However, although this company is rich in cash, it is relatively conservative and closed in culture. The enterprise managers have long lost the creativity and enterprising spirit of the founders, and they are cautious in decision-making and rarely make breakthroughs. Johnson’s arrival didn’t bring much innovation to his management. His biggest hobby is spending a lot of money.

Johnson won’t be noticed if he just stays on extravagant consumption. He has a more ambitious plan, that is, through the management participation in the acquisition, RJR Na Beske Company will be turned into a private enterprise.

Merger and acquisition: Kohlberg-kravis-Roberts Company (KKR).

KKR was founded in 1976. As a PE company, KKR has outstanding performance, and it is good at MBO, which is commonly referred to as "management buyout". However, with the further understanding of leveraged buyout by others, the number of leveraged buyout companies gradually increased, and by 1987, there was a phenomenon of industry crowding. Kravis and Roberts made a decisive decision: lock the business target in the bulk acquisition business of $5 billion to $10 billion. Because few people get their hands on such a big business, KKR has already had such big deals as $6.2 billion for Beatrice, $4.4 billion for Safeway and $2.1 billion for Owens-Illinois.

From June, 1987, KKR began to use all public methods to raise funds. In order to stimulate more investors to join, the company proposed that the management fees of all transactions completed before 1990 could be reduced. By the end of the fundraising, the funds raised had reached 5.6 billion US dollars.

Acquisition process

In October, 1988, the management represented by Ross Johnson, CEO of RJR Na Beske Company, proposed to the board of directors that the management buy the company’s equity. The management’s MBO proposal includes the plan to sell the food business of RJR Na Beske Company after the acquisition, and only keep its tobacco business. Its strategic consideration is based on the market’s underestimation of the huge cash flow of tobacco industry, and the food business is not fully recognized for its value because it is mixed with tobacco. Reorganization will eliminate the unfavorable factors of market underestimation, and then gain huge profits.

Ross Johnson and Hilsen’s leveraged buyout plan hit it off. Both sides agreed that the price of RJR Na Beske’s stock should be around 75 dollars per share, which is higher than the market transaction price of 71 dollars, and the total transaction price reached 17.6 billion dollars. Because Hilsen wanted to complete the transaction independently, they didn’t have the power to introduce junk bonds, and all the funds of about $15 billion needed loans from commercial banks. Trust Bank seized the opportunity to provide financing for leveraged buyouts of blue-chip companies, and raised $16 billion worldwide, but according to Hilsen’s accounting, it was only $15.5 billion.

Investment bankers on wall street still reacted instinctively: this bid is too cheap! Johnson is robbing the company! Just as Johnson and Hilsen were having wishful thinking, KKR’s bid participation made the MBO planners wake up from a dream. In sharp contrast to the spin-off planned by CEO Ross Johnson, KKR wants to keep all its tobacco business and most of its food business, and KKR has made a bid of $90 per share. The contest between Hilsen and KKR began.

Hilsen chose to cooperate with Salomon Company to raise funds, but Hilsen could not confront KKR in terms of intelligence and financing. KKR has drexel and Merrill Lynch as consultants, and introduced a tender to buy PIK preferred shares, the price reached $11 per share, which was close to $2.5 billion. The demand for PIK shares in the world market quickly turned it into junk bonds, which meant that there were $2.5 billion in funds.

However, the exposure of the Johnson Management Agreement and the "Golden Parachute Plan" angered the shareholders and employees of RJR Na Beske Company. 525,600 restricted stock plans worth nearly $50 million, generous consulting contracts and 1,500 restricted shares each made Johnson unscathed in this acquisition, regardless of success or failure. Johnson’s greedy approach made MBO lose the support of the people. Finally, KKR won the battle with a price of $109 per share and a total amount of $25 billion.

In the last round of bidding, the difference between Hilsen’s offer and KKR was only $1, which was $108 per share. But it is not the difference in purchase price that makes the shareholders of RJR Na Beske Company make the final decision. KKR promised to give shareholders 25% of the shares, and Hilsen only gave shareholders 15% of the shares; KKR promised to sell only a small part of Beske’s business, while Hilsen wanted to sell all the business. In addition, shareholders also listed a dozen other differences. In addition, Hilsen failed to prove the reliability of its securities through restructuring, and failed to ensure the welfare of its employees. It is for these reasons that the shareholders of the company finally chose KKR Company.

The purchase price is $25 billion. Besides the syndicated loan of $14.5 billion, Dechong and Merrill Lynch also provide a bridging loan of $5 billion, waiting to be repaid by issuing bonds. KKR itself provided US$ 2 billion (including US$ 1.5 billion in equity), another US$ 4.1 billion in preferred shares, US$ 1.8 billion in convertible bonds and US$ 4.8 billion in foreign debts owed by RJR.

The signing date of the acquisition was February 9, 1989. More than 200 lawyers and bankers attended, and Hanover Trust and Investment Company raised $11.9 billion from banks all over the world. KKR provided a total of $18.9 billion, meeting the cash payment promised at the time of acquisition.

In fact, the cost of the whole transaction reached 32 billion US dollars, including more than 200 million US dollars from Dechong Company, more than 100 million US dollars from Merrill Lynch, more than 300 million US dollars from the financing of the syndicate, and KKR’s own fees reached 1 billion US dollars.

After the acquisition

After Ross Johnson, Luis gerstner became the new CEO of RJR Na Beske Company after the acquisition. He made drastic reforms to the original company and sold a lot of luxury facilities. According to the company’s report, in 1989, the company had a net loss of $1.15 billion after paying off its debts of $3.34 billion, and in the first half of 1990, it had a loss of $330 million. However, judging from the company’s cash flow, everything is still normal.

Beske’s operating profit in 1989 reached 3.5 times the previous cash flow, but Reynolds Tobacco Company is still in a state of preparation. In March 1989, RJR stopped the production of Premier brand cigarettes. Subsequently, the company laid off employees and the number of employees was reduced to 2,300. Under the leadership of the new manager, the company improved the equipment, improved the production efficiency, and at the same time greatly reduced the cost, so that the company’s tobacco profit increased by 46% in the first half of 1990. But when paying off junk bonds with cash brought by tobacco, Reynolds’ competitor Philip Morris increased his sales strength and lowered the price of tobacco. According to analysis, the tobacco market of RJR shrank by 7% ~ 8% in 1989.

The problem left by KKR is not only the poor return on capital, but also the failure of other industry leaders introduced. Whether Lou Gerstner is invited by American Express Company or Charles Harper of ConAgra, they have no experience in tobacco industry and have no enthusiasm for this business. After a continuous decline in performance, KKR had to divest Reynolds Na Beske’s remaining equity in early 1995, Reynolds Tobacco Holding Company became an independent company again, while Na Beske also became an independent food production enterprise, and Renault Company and Na Beske Company returned to their respective starting points. In the first half of 2003, Reynolds’ sales decreased by 18% compared with the previous year to only $2.6 billion, while operating profit decreased by 59% to $275 million.

Brief comment

The control struggle between investment bankers and enterprise managers, the ultimate beneficiary is the shareholders of the enterprise, which can be proved by the rich shareholders of RJR Na Beske Company after the acquisition.

In the form of acquisition. In the general LBO process, investment bankers will reach a consensus with the management of the target enterprise in advance, and complete the acquisition at a price and financing method recognized by both parties. At the same time, they will also make arrangements for the enterprise management and asset restructuring after the acquisition, try to reduce costs and improve efficiency, and sell assets to pay off debts. However, KKR company didn’t know in advance in the acquisition of RJR Na Beske, and there was no communication with the management. They didn’t even know the assets of this enterprise, so they could only participate in it in the form of bidding.

[Interpretation of Investment Bank]

Report on The Barbarian at the Door

-Merger and acquisition of enterprises and corporate governance

1. How was this merger initiated?

Managers are faced with the dilemma of stock appreciation, which makes them look for ways to raise stock prices.

RJR Nabisco’s share price hovered around 40, but it didn’t rise. Ross Johnson faced the pressure from shareholders.

Ross Johnson’s "Prime Minister" cigarette, which will be introduced to the market, is not welcomed and recognized by the market, and Ross Johnson is once again facing the dilemma of stock appreciation.

KKR company has the intention to buy RJR Nabisco, which makes Ross Johnson management team start to think about M&A, a way to safeguard their own interests and raise the stock price.

The huge return after the merger drove Ross Johnson to initiate the merger.

2. What are the motivations of the parties involved in the M&A?

KKR motivation：

Get a higher return on capital value. Because RJR Nabisco’s stock value is undervalued; At the same time, RJR Nabisco has a strong and stable cash flow, which can enhance the company’s capital value.

Enhance RJR Nabisco’s existing corporate strategy to further maximize the interests of shareholders.

The debt level is low.

Huge demolition effort.

A favorable capital structure can save taxes and fees payable.

KKR can get a huge handling fee, and has control over RJR Nabisco, sharing the profits.

Kravis’s individualism: KKR is the founder of LBO, but at the beginning of this merger, he was excluded; Therefore, due to the consideration of face and status in the field, KKR will also participate in the acquisition of RJR Nabisco.

Motivation of professional managers such as Ross Johnson：

The tobacco industry is undervalued by the market.

The influence of tobacco industry and the value of food industry are also underestimated by the stock market.

The management can make huge profits from this acquisition.

First Boston Group：

Get rich rewards in the acquisition to develop the enterprise, revitalize the company’s business and obtain customer sources.

Faustmann：

Ted Faustmann hates junk bonds, while kravis uses junk bonds the most, and Faustmann is angry with kravis. Hilsen has no outstanding talents in leveraged buyouts. This is an opportunity for Faustmann, and he will not miss it.

summary：

1, the stock is undervalued.

2. Make huge profits

3. Revitalize the business

Represented by the management: the business is bigger and the stock price is raised.

3. Who decides the outcome of the merger?

The final outcome is decided by the special committee (shareholder) established by the board of directors; However, the behavior of Ross Johnson management, KKR and other acquisition teams and M&A strategies have an impact on the outcome.

Due to the exposure of Ross Johnson’s "Golden Parachute Project", shareholders saw the greed of management; In addition, the Ross Johnson team can’t keep all the business systems after the acquisition, and can’t guarantee the interests of employees, which makes the special committee set up by the board of directors more inclined to KKR in the later stage of the acquisition.

Compared with Ross Johnson team, KKR is more humanized; They promised to keep the whole business of the company after the acquisition; To ensure the welfare of employees, shareholders can get more equity, thus gaining the support of shareholders.

4. What are the factors that affect the success or failure of LBO?

The development strategy of the company with multi-interests after merger and acquisition put forward by the sponsors.

Purchase price at the time of merger and acquisition

Strong and stable cash flow of M&A sponsors

Analysis and mastery of competitors’ strategies; As the saying goes, know yourself and know yourself.

Get the support and affirmation of the management of the enterprise or the people who have influence on the merger and acquisition results.

Reasonable standardization of operating procedures

The advantages and disadvantages of the special Committee and its influence

Whether the acquired subject matter is suitable: stable cash flow.

Bid, financial planning

5. How is the purchase price formed in the case?

A comprehensive analysis of the target acquisition company

Enterprise development strategy

Company operation

Financial status of the company

enterprise value

Strategic promotion of acquirer and future cash flow forecast

Financing scheme design and value evaluation

6. Who finally benefited from this case? Who is ultimately damaged?

beneficial owner：

The winners of this merger are shareholders, who have realized the stock at a high enough price; With intermediaries, they have gained huge benefits. For example, Dechong provided a $3.5 billion bridge loan and earned $227 million, and the proceeds from selling junk securities were even more; Merrill Lynch provided a bridge loan and earned $109 million; The syndicates of 200 banks provided $14.5 billion in entrusted loans and gained $325 million in income; KKR receives tens of millions of dollars in handling fees from investors; Morgan Stanley and wasserstein each received $25 million in consultancy fees; Goldman Sachs won the auction right of Delmonte Food Company; Lazard: Obtained the auction right of ESPN. According to some sources, this $25 billion merger, in fact, the total transaction cost is $32 billion, and the money is spent like soup. It can be said that M&A is a magic weapon for Wall Street, because whether it is successful or not, Wall Street can earn fees, including consulting fees, business divestiture fees and borrowing fees.

Damaged person：

RJR Nabisco was burdened with heavy debts. In 1989 alone, it paid $3.34 billion in debts, with a net loss of $1.15 billion. Market expenses and research and development expenses have been weakened, competitors have taken advantage of it, and a large number of employees have been laid off.

7. Compared with LBO, what are the distinctive features of MBO?

Specificity of MBO acquisition subject.

The MBO acquirer is mainly the current management of the target enterprise or the legal person or other organization established or controlled by it.

High financial leverage of MBO acquisition financing.

With the help of a large amount of external debt or equity financing, the high financial leverage of the financing scheme determines the high risk and high return of the acquisition itself.

Transfer of actual control right of target enterprise after MBO acquisition.

To a certain extent, the target enterprise has realized the integration of ownership and management rights, and the position of management has changed fundamentally, that is, from a simple enterprise operator to an enterprise owner.

MBO can reduce agency cost.

Compared with LBO, MBO pays more attention to the development strategy of the company, rather than the short-term huge capital return.

8. What behaviors does the case show that the management has deviated from the interests of shareholders?

Management profligacy, private jets, huge subsidies, and these are all holding shareholders’ money to satisfy their own desires.

"Golden Parachute" Project

After the merger, the employee welfare and shareholders’ interests are not considered, and the food business is abandoned.

Only 15% of the shares are reserved for shareholders.

KKR scheme contains less PIK securities and more convertible bonds; Management provides more PIK securities and a small amount of convertible preferred stock.

KKR agreed not to carry out a large-scale layoff plan, and promised to pay the employee severance payment caused by the acquisition, but the management did not agree.

KKR agreed to guarantee the reset terms of all securities to ensure that the bonds would be traded and circulated as originally planned. Hilsen Company, an investment bank hired by the management, refused to guarantee it, so that the management could not bid the full rating during the evaluation.

Start with business, not choose mergers and acquisitions

Ross Johnson donated money from the company to his wife.

9. What measures did the founder take to prevent the control right from falling by? Why is it invalid?

measure：

Launch the merger and acquisition of RJR Nabisco to prevent the delay of stock price from affecting his CEO position.

Refuse to cooperate with KKR and choose Hilsen.

"Golden Parachute" plans to protect itself.

Lay off employees and give shareholders less equity to maximize their own interests.

failure cause：

The exposure of the "Golden Parachute Plan" exposed Johnson’s greed, which made the MBO lose public support.

KKR promised to give shareholders 25% of the shares, while Hilsen only gave shareholders 15% of the shares.

KKR promised to sell only a small part of Beske’s business. But Ross Johnson and Hilsen’s leveraged buyout plan only keeps the tobacco business.

Hilsen failed to prove the reliability of its securities through restructuring, and failed to ensure the welfare of its employees.

KKR agreed not to carry out a large-scale layoff plan, and promised to pay the employee severance payment caused by the acquisition, but the management did not agree.

KKR agreed to guarantee the reset terms of all securities to ensure that the bonds would be traded and circulated according to the original plan. Hilsen Company, an investment bank hired by the management, refused to guarantee it, so that the management could not bid the full rating during the evaluation.

measure：

Indulge in buying, preempted local competitors and became the largest employer in North Carolina.

"Prince Albert" cigarettes, trying their best to find the photo of the Prince of Wales as a cigarette label, vigorously advertising, set off a national advertising campaign. Offer generous rebates to cigarette wholesalers and retailers to encourage them to sell this kind of cigarettes, and those who sell poorly will be punished. The plan to March across the United States was a great success.

The Court of Appeal granted Reynolds Tobacco Company independence: employees hold shares, care about employees’ lives and improve employees’ loyalty.

Reasons for loss of rights：

The eldest son is in politics, the second son is not doing business, and the chairman raises horses.

10. What did you learn from the case? Explain from the perspective of mergers and acquisitions and corporate governance.

M&A perspective：

LBO acquirers use the assets of the acquisition target as debt collateral for financing, and use the money to acquire the target company. The essence of this is to borrow money to buy equity, or to say that you are empty-handed. In fact, KKR’s own funds for this $25 billion acquisition are less than $2 billion, and the rest are from financing.

Compared with LBO, MBO pays more attention to enterprise development strategy, rather than just acquiring the target company to get huge returns in the short term.

Successful LBO/MBO originates from the strategic adjustment of capital allocation, the improvement of operating efficiency and the integration of financial technology;

Adjustment of capital allocation strategy: redefining business scope, new business unit strategy or portfolio strategy;

Operational adjustment and improvement of operational efficiency: changes in sales, cost or asset management methods;

Organizational improvement: organizational structure or business process adjustment (which may involve system or management changes);

Financial strategy: the application of financial technology and financial risk management, a new method to manage the balance sheet, a new financial structure or a new corporate legal structure.

From the perspective of corporate governance：

The internal controller system is easy to lead to the monopoly of management. In order to prevent this phenomenon, it is necessary to set up an external supervision mechanism and strengthen supervision; Mutual restriction

The board of directors should ensure independence and objectivity and safeguard the interests of shareholders.

Formulate a reasonable and long-term company development strategy, so as to ensure the long-term development of enterprises, rather than just pursuing short-term enterprise development and stock rise.

The NPC Standing Committee:

????The presidium of the Third Session of the 12th National People’s Congress submitted 147 bills to the Legal Committee for deliberation, involving 45 legislative items and 1 legislative work. Among them, 111 laws were proposed to be amended, involving 24 legislative projects; 33 laws were proposed, involving 19 legislative projects; Two decisions on legal issues were proposed, involving two legislative projects; One suggestion on strengthening legislative interpretation.

????The Law Committee and the Legal Affairs Committee attach great importance to the handling of bills in accordance with the requirements of giving full play to the main role of NPC deputies in legislative work. First, strengthen the combination of bill handling and legislative work, and integrate bill handling into all aspects of legislative work. Second, when adjusting the legislative plan and compiling the annual legislative plan, carefully study the legislative items proposed by the representative motion, and include seven separate tax laws, such as the compilation of the civil code and the environmental protection tax law, in the adjusted legislative plan. Third, broaden the channels for deputies to participate in legislative work, and invite relevant representatives, especially those who put forward proposals, to participate in the pre-adoption evaluation meeting of the draft amendment to the Criminal Law (IX) and the draft amendment to the Advertising Law; During the formulation of the national security law, the revision of the food safety law, the air pollution prevention law and the law on promoting the transformation of scientific and technological achievements, relevant representatives were invited to participate in legislative research, demonstration and other activities, and their opinions and suggestions were carefully absorbed. Fourth, strengthen contact with the representatives who put forward the bill, conduct in-depth and meticulous communication, introduce the progress of relevant legislative work and the adoption of the opinions put forward, and fully explain and explain the opinions that have not been adopted.

????The Law Committee held a meeting on November 27th to consider 147 bills one by one. The review results are reported as follows:

????1. Ten legislative items involved in 73 bills have been deliberated and passed by the National People’s Congress Standing Committee (NPCSC).

????1. Eight proposals on amending the local organization law.

????2. Three bills on amending the electoral law.

????3. Three bills on amending the Representative Law.

????On August 29th, 2015, the 16th meeting of the 12th the National People’s Congress Standing Committee (NPCSC) adopted a decision on amending the local organization law, election law and representative law. Most of the suggestions put forward in the motion on amending the local organization law, such as clarifying the responsibilities of the presidium of the township people’s congress during the intersessional period, increasing the number of members of the county-level people’s congress standing Committee, increasing the provision that the county-level people’s congress can set up special committees such as the legal Committee and the financial and economic Committee as needed, and increasing the provision that the standing committees of cities and municipal districts without districts can set up people’s congress working institutions in the streets; Some suggestions put forward in the motion on amending the electoral law, such as improving the mechanism for examining the qualifications of deputies, publishing the list of elected representatives by the election committee or the presidium of the people’s congress, and accepting the supervision of the masses; Some suggestions put forward in the proposal to amend the law on deputies, such as strengthening the protection and supervision of deputies’ performance of their duties, have been stipulated in the amendment decision. Other proposals put forward in the motion, some of which are required in relevant documents forwarded by the CPC Central Committee, some of which can be clarified by local laws and regulations, and some of which need to be solved by strengthening and improving relevant work.

????4. Two bills on amending the National Security Law.

????The new national security law was adopted by the 15th session of the 12th the National People’s Congress Standing Committee (NPCSC) on July 1st, 2015. The main proposals put forward in the motion, such as amending the original national security law according to the requirements of the overall national security concept, expanding the definition of national security, and incorporating the public security system into the national security law, have been made in the new national security law.

????5. Five proposals on amending the advertising law.

????The revised advertising law was adopted by the 14th session of the 12th the National People’s Congress Standing Committee (NPCSC) on April 24th, 2015. The main suggestions put forward in the motion, such as strengthening the punishment of false advertisements, further strictly restricting tobacco advertisements, strengthening the protection of minors in advertising activities, strengthening the regulation of online advertising behavior, strengthening the legal responsibility of advertising spokespersons, further increasing the punishment of illegal advertisements published by radio, television, newspapers and other news media, strengthening the supervision responsibility of advertising supervision and management organs, increasing the punishment of illegal advertisements, and increasing the principles and norms on public service advertisements, have been made in the revised advertising law.

????6. Five proposals on amending the Food Safety Law.

????The revised Food Safety Law was adopted by the 14th session of the 12th the National People’s Congress Standing Committee (NPCSC) on April 24th, 2015. The main suggestions put forward in the motion, such as strengthening the source control of the quality and safety of agricultural products, improving food safety standards, improving the requirements of food labeling and labeling, clarifying the supervision department of centralized disinfection units for tableware, improving the supervision of health food, strengthening the protection of children’s food safety, and giving play to the role of industry self-discipline in ensuring food safety, have been stipulated in the revised food safety law.

????7. Six proposals on amending the Law on the Prevention and Control of Air Pollution.

????The revised air pollution prevention law was adopted by the 16th session of the 12th the National People’s Congress Standing Committee (NPCSC) on August 29th, 2015. The main suggestions put forward in the motion, such as increasing the prohibition of pollutant discharge from ships, implementing measures such as shore-based power supply for motor boats and using low-sulfur oil, increasing the prohibition of burning fallen leaves, weeds and straws, and improving the system of atmospheric environmental information disclosure and public participation, have been made in the revised air pollution prevention and control law.

????8. Six proposals on amending the Law on Promoting the Transformation of Scientific and Technological Achievements

????On August 29th, 2015, the 16th meeting of the 12th the National People’s Congress Standing Committee (NPCSC) adopted a decision on amending the Law on Promoting the Transformation of Scientific and Technological Achievements. The main suggestions put forward in the motion, such as adding the definitions of "scientific and technological achievements" and "post-scientific and technological achievements" and further improving the standards of rewards and remuneration for scientific and technological personnel, have been stipulated in the revised Law on Promoting the Transformation of Scientific and Technological Achievements; The specific preferential tax measures for the transformation of scientific and technological achievements and the part-time remuneration of scientific and technological personnel serving as leading cadres have all been stipulated in principle.

????9. 34 bills on amending the Criminal Law.

????Amendment IX to the Criminal Law was adopted at the 16th session of the 12th the National People’s Congress Standing Committee (NPCSC) on August 29th, 2015. The main suggestions put forward in the motion, such as increasing the punishment for the crime of buying abducted women and children, and canceling the provision of not investigating criminal responsibility; Abolish the crime of whoring with young girls; Revise the conviction and sentencing standards of corruption and bribery crimes and add life imprisonment; Increase the crime of assaulting police; Perfecting the provisions for punishing terrorist activities has been made in the ninth amendment to the Criminal Law. Other suggestions put forward in the motion, such as the imprisonment of "drug driving" and the addition of the crime of infringing on the right of new plant varieties, will continue to be carefully studied by the Law Committee and the Legal Affairs Committee in the future legislative work.

????10. A proposal on establishing a public interest litigation system by procuratorial organs.

????On July 1, 2015, the 15th meeting of the 12th the National People’s Congress Standing Committee (NPCSC) adopted a decision on authorizing the Supreme People’s Procuratorate to carry out pilot work of public interest litigation in some areas. The Law Committee and the Legal Affairs Committee will study the revision of relevant laws according to the pilot work and suggestions from relevant parties.

????2. Four legislative items involved in eight motions have been submitted to the National People’s Congress Standing Committee (NPCSC) for deliberation.

????11. A bill on the formulation of the Law on National Medal and National Honorary Title.

????The draft Law on National Medal and National Honorary Title has been considered for the first time at the 16th meeting of the 12th the National People’s Congress Standing Committee (NPCSC), and has been submitted to the Standing Committee for the second consideration at this meeting. The main suggestions put forward in the motion have been carefully studied and absorbed during the drafting and deliberation of the draft law.

????12. Five proposals on formulating cyber security laws.

????The draft cyber security law has been considered for the first time by the 15th meeting of the 12th the National People’s Congress Standing Committee (NPCSC). During the drafting of the draft, the suggestions put forward in the motion were carefully studied and absorbed, and the Law Committee and the Legal Affairs Committee will further study with relevant parties in the deliberation and revision of the draft cyber security law.

????13. One proposal on formulating an asset appraisal law.

????The draft asset appraisal law has been reviewed by the 25th meeting of the 11th the National People’s Congress Standing Committee (NPCSC), the 4th meeting of the 12th the National People’s Congress Standing Committee (NPCSC) and the 16th meeting respectively. In the three deliberation drafts, the suggestions put forward in the proposal were carefully studied and absorbed, and the Law Committee and the Legal Affairs Committee will further study in the deliberation and revision of the draft asset appraisal law together with relevant parties.

????14. One proposal on formulating the management law of overseas NGOs.

????The draft law on the management of overseas NGOs has been reviewed twice by the 12th and 14th meetings of the 12th the National People’s Congress Standing Committee (NPCSC). In the second deliberation draft, the suggestions put forward in the motion were carefully studied and absorbed, and the Law Committee and the Legal Affairs Committee will further study with relevant parties in the deliberation and revision of the draft law on the management of overseas NGOs.

????Three legislative items involved in three or five motions have been included in the legislative work plan of the National People’s Congress Standing Committee (NPCSC) in 2016.

????15. One proposal on formulating the general principles of civil law.

????The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the bill in the compilation of the Civil Code. The formulation of general principles of civil law has been included in the legislative work plan of the National People’s Congress Standing Committee (NPCSC) in 2016.

????16. Three bills on amending the Administrative Reconsideration Law.

????At present, the Legislative Affairs Office of the State Council is studying and drafting the revised draft of the Administrative Reconsideration Law. The Law Committee and the Legal Affairs Committee will seriously study the proposals put forward in the motion together with the the State Council Legislative Affairs Office and other departments. The revision of the Administrative Reconsideration Law has been included in the legislative work plan of the National People’s Congress Standing Committee (NPCSC) in 2016.

????17. 1 proposal on accelerating the implementation of the statutory principle of taxation.

????According to the requirement of "implementing the statutory principle of taxation" decided by the Third Plenary Session of the 18th CPC Central Committee, the Implementation Opinions on Implementing the statutory principle of taxation, which was approved by the CPC Central Committee, clearly stated that if new taxes are levied, the corresponding tax laws should be formulated through the National People’s Congress and its Standing Committee; Specific arrangements have been made for the time when the current 15 tax regulations will be revised into laws or abolished, and efforts will be made to complete them all by 2020; After all tax regulations are raised to laws or abolished, they shall be submitted to the National People’s Congress for annulment of relevant authorization decisions. At present, environmental protection tax law, value-added tax law, resource tax law, real estate tax law, tariff law, tonnage tax law, farmland occupation tax law and tax collection and management law (revised) have been included in the adjusted 12th the National People’s Congress Standing Committee (NPCSC) Legislative Plan. The Law Committee and the Legal Affairs Committee will actively do a good job in relevant tax legislation in accordance with the relevant provisions of the Legislative Law. The formulation of environmental protection tax law, real estate tax law, ship tonnage tax law, tobacco tax law and revision of tax collection and management law have been included in the legislative work plan of the National People’s Congress Standing Committee (NPCSC) in 2016.

????Four, seven legislative items involved in 20 bills have been included in the 12 th the National People’s Congress Standing Committee (NPCSC) Legislative Plan and are being drafted or studied for revision.

????18. Two proposals on starting the compilation of the Civil Code.

????19. Six bills on amending the General Principles of Civil Law, Property Law and Guarantee Law.

????20. One proposal on unifying the compensation standard for road traffic accident death.

????21. Three bills on amending the Marriage Law.

????22. Two proposals on amending the law of succession.

????The compilation of the Civil Code has been included in the adjusted 12th the National People’s Congress Standing Committee (NPCSC) Legislative Plan, and the Legislative Affairs Commission is stepping up its research and drafting work. Regarding the suggestions made in the bill, the Law Committee and the Legal Affairs Committee will carefully study and make overall consideration in the compilation of the Civil Code.

????23. Five proposals on enacting anti-corruption laws.

????With regard to anti-corruption legislation, the revision of the Administrative Supervision Law and the enactment of the International Criminal Judicial Assistance Law have been included in the 12th the National People’s Congress Standing Committee (NPCSC) Legislative Plan. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????24. One proposal on the formulation of a criminal victim compensation law.

????The formulation of the law on assistance to criminal victims has been included in the 12th legislative plan of the National People’s Congress Standing Committee (NPCSC), and the Legal Affairs Committee is stepping up research and drafting. The Law Committee and the Legal Affairs Committee will seriously study the proposals put forward in the motion together with relevant parties.

????Five, 40 bills involving 21 legislative items, some can be included in the annual legislative work plan when conditions are ripe, and some can be included in the drafting or revision of relevant laws for overall consideration.

????25. Three bills on amending the supervision law.

????26. One proposal on amending the State Compensation Law.

????27. A bill on the formulation of a constitutional interpretation procedure law.

????28. One proposal on amending the Organic Law of the National People’s Congress, the rules of procedure of the National People’s Congress and the local organization law.

????29. One proposal on enacting a hearing law.

????30. One proposal on designating September 18th as "National Shame Warning Day"

????31. Three bills on the formulation of personal information protection law.

????32. One proposal on amending the emergency response law.

????33. One proposal on enacting a petition law.

????34. One proposal on enacting the law on the disclosure of government information.

????35. Three bills on amending the Administrative Punishment Law.

????36. A bill on the formulation of a law on publicity and education of the rule of law.

????37. One proposal on enacting a law on weapons and equipment procurement.

????38. One bill on the enactment of a law on non-war military operations.

????39. Two bills on the formulation of the law on the protection of military rights and interests.

????40. Six bills on amending the Civil Procedure Law.

????41. Five bills on amending the Criminal Procedure Law.

????42. Three bills on the enactment of enforcement law.

????43. Two proposals on amending the Arbitration Law.

????44. A proposal on building a public interest litigation system for the loss of state-owned assets.

????45. A proposal on establishing an oath system for witnesses and experts.

????In addition, there is a motion on strengthening the legislative interpretation of the National People’s Congress Standing Committee (NPCSC). The decision on amending the legislative law, which was deliberated and adopted at the Third Session of the 12th National People’s Congress, has made corresponding provisions on the relevant suggestions put forward in the motion, and the Law Committee and the Legal Affairs Committee will continue to strengthen relevant legislative work in the future.

????Please review the above report.

????Annex: Deliberating opinions of the Law Committee of the National People’s Congress on the proposal submitted by the deputies of the presidium of the third session of the 12th National People’s Congress.

????Law Committee of the National People’s Congress

????November 27th, 2015

????Attachment:

????The deliberation opinions of the Law Committee of the National People’s Congress on the proposal submitted by the presidium of the third session of the 12th National People’s Congress.

????The presidium of the Third Session of the 12th National People’s Congress submitted 147 bills to the Legal Committee for deliberation, involving 45 legislative items and 1 legislative work. Among them, 111 laws were proposed to be amended, involving 24 legislative projects; 33 laws were proposed, involving 19 legislative projects; Two decisions on legal issues were proposed, involving two legislative projects; One suggestion on strengthening legislative interpretation.

????1. Ten legislative items involved in 73 bills have been deliberated and passed by the National People’s Congress Standing Committee (NPCSC).

????1. Eight proposals on amending the local organization law.

????No.11 proposed by Anhui delegation, No.21 proposed by Yao Hai, No.40 proposed by Yuan Jinghua and other representatives, No.58 proposed by Yang Guixin and other representatives, No.204 proposed by Zhang Tianren and other representatives, No.337 proposed by Xie Xianshu and other representatives, No.365 proposed by Song Wei and No.385 proposed by Huang Yun and other representatives, and it is suggested to improve the organizational construction of township people’s congresses and take the presidium of township people’s congresses as township people’s congresses. Improve the establishment of neighborhood people’s congress working institutions and development zone people’s congress working institutions; Increase the number of members of the Standing Committee of local people’s congresses; Improve the establishment of special committees and standing committees of local people’s congresses; Improve the local people’s congress election system; Give local people’s courts and people’s procuratorates the right to propose bills. On August 29th, 2015, the 16th meeting of the 12th the National People’s Congress Standing Committee (NPCSC) adopted a decision on amending the local organization law, election law and representative law. Most of the suggestions put forward in the motion have been stipulated in the revision decision.

????2. Three bills on amending the electoral law.

????No.22 proposed by Yao Hai, No.41 proposed by Yuan Jinghua and No.520 proposed by Mai Shirui, suggesting that the qualifications of candidates for deputies should be restricted; Solve the problem of separation of household registration and residence, and increase the provisions for floating population to participate in elections in their current residence; Further refine the procedures for voters to jointly recommend representatives; Improve the counting system and establish a public counting system on the spot; Improve the procedures for the recall of deputies to the National People’s Congress. On August 29th, 2015, the 16th meeting of the 12th the National People’s Congress Standing Committee (NPCSC) adopted a decision on amending the local organization law, election law and representative law. Some suggestions put forward in the motion, such as improving the mechanism for examining the qualifications of deputies, publishing the list of elected representatives by the Election Committee or the Presidium of the People’s Congress, and accepting the supervision of the people, have been made in the revision decision. Other suggestions put forward in the motion, such as floating population running for election, improving the vote counting system, and improving the procedures for the recall of deputies to the National People’s Congress, have been put forward in relevant documents forwarded by the CPC Central Committee, and some problems can be clarified by local laws and regulations. The Law Committee and the Legal Affairs Committee will continue to study these suggestions in their future work practice.

????3. Three bills on amending the Representative Law.

????No.38 proposed by representatives such as Yuan Jinghua, No.67 proposed by representatives such as Lin Yinmao and No.68 proposed by representatives such as Sheng Yafei, suggesting that the organs and specific contents of the guarantee for the performance of duties should be clarified; Clearly distinguish the different reasons for the recall and resignation of deputies; We will improve the system of special personal protection for deputies, and clarify the content, procedure and time limit of the review of the measures to restrict personal freedom. On August 29th, 2015, the 16th meeting of the 12th the National People’s Congress Standing Committee (NPCSC) adopted a decision on amending the local organization law, election law and representative law. The proposals put forward in the motion to strengthen the protection and supervision of deputies’ performance of their duties have been stipulated in the revised decision. Other proposals put forward in the motion, some of which are required in the documents forwarded by the CPC Central Committee, and some of which need to be solved by strengthening and improving relevant work. The Law Committee and the Legal Affairs Committee will continue to study these suggestions in their future work practice.

????4. Two bills on amending the National Security Law.

????No.304 proposed by representatives such as Jia Chunmei and No.516 proposed by representatives such as Yang Yada suggested that the original national security law should be revised, the definition of national security should be expanded, and the public security system should be incorporated into the national security law. The new national security law was adopted by the 15th session of the 12th the National People’s Congress Standing Committee (NPCSC) on July 1st, 2015. The main proposals put forward in the motion, such as amending the national security law according to the requirements of the overall national security concept and expanding the definition scope of national security, have been made in the new national security law.

????5. Five proposals on amending the advertising law.

????No.74 proposed by representatives such as Zhang Weihua, No.261 proposed by representatives such as Jiang Jian, No.303 proposed by representatives such as Jia Chunmei, No.332 proposed by representatives such as Wei Feiyan, and No.490 proposed by representatives such as Zhang Zequn suggested strengthening the punishment for false advertisements; Further strictly restrict tobacco advertising or completely ban tobacco advertising; Strengthen the protection of minors; Increase the regulation of Internet advertising; Strengthen the responsibility of advertising spokespersons; Further increase the penalties for illegal advertising by news media such as radio, television and newspapers; Strengthen the supervision responsibility of advertising supervision and management organs; Increase penalties for advertising violations; Increase the norms of public service advertisements, etc. The revised advertising law was adopted by the 14th session of the 12th the National People’s Congress Standing Committee (NPCSC) on April 24th, 2015. The main suggestions put forward in the motion, such as strengthening the punishment of false advertisements, further strictly restricting tobacco advertisements, strengthening the protection of minors in advertising activities, strengthening the regulation of online advertising behavior, strengthening the legal responsibility of advertising spokespersons, further increasing the punishment of illegal advertisements published by radio, television, newspapers and other news media, strengthening the supervision responsibility of advertising supervision and management organs, increasing the punishment of illegal advertisements, and increasing the principles and norms on public service advertisements, have been made in the revised advertising law.

????6. Five proposals on amending the Food Safety Law.

????No.263 proposed by Jiang Jian and other representatives, No.294 proposed by Zhao Lianguan and other representatives, No.373 proposed by Jie Zheng and other representatives, No.483 proposed by Gao Guangsheng and No.508 proposed by Zheng Xiaohe and other representatives suggested that the food safety law should be positioned as the basic law in this field, and the regulatory power should be clarified, the regulatory responsibilities should be defined and the regulatory system should be rationalized. Strengthen the source control of agricultural product quality and safety; Improve food safety standards; Improve the requirements of food labeling and labeling; Clarify the supervision department of centralized disinfection unit of tableware; Strengthen the supervision of health food; Strengthen the protection of children’s food safety; Play the role of industry self-discipline in ensuring food safety. The revised Food Safety Law was adopted by the 14th session of the 12th the National People’s Congress Standing Committee (NPCSC) on April 24th, 2015. The main suggestions put forward in the motion, such as strengthening the source control of the quality and safety of agricultural products, improving food safety standards, improving the requirements of food labeling and labeling, clarifying the supervision department of centralized disinfection units for tableware, improving the supervision of health food, strengthening the protection of children’s food safety, and giving play to the role of industry self-discipline in ensuring food safety, have been stipulated in the revised food safety law.

????7. Six proposals on amending the Law on the Prevention and Control of Air Pollution.

????No.19 proposed by Zhang Quan and other representatives, No.91 proposed by Li Yanqun and other representatives, No.165 proposed by Sun Jing and other representatives, No.177 proposed by Lv Zhongmei and other representatives, No.258 proposed by Jiang Jian and No.266 proposed by Xing Kezhi and other representatives, suggesting to increase the regulations on the discharge of pollutants from ships; Increase the provisions on the right to know about the environment; Increase the obligation of key polluting enterprises to disclose real-time emission information to the society and accept social supervision; Improve the system of public participation, information disclosure and public interest litigation; On the basis of strict emission standards and oil standards, measures such as shore-based power supply and the use of low-sulfur oil in large ports and docks will be implemented; Increase the prohibition of burning fallen leaves, weeds and straws. The revised air pollution prevention law was adopted by the 16th session of the 12th the National People’s Congress Standing Committee (NPCSC) on August 29th, 2015. The main suggestions put forward in the motion, such as increasing the prohibition of pollutant discharge from ships, implementing measures such as shore-based power supply for motor boats and using low-sulfur oil, increasing the prohibition of burning fallen leaves, weeds and straws, and improving the system of atmospheric environmental information disclosure and public participation, have been made in the revised air pollution prevention and control law.

????8. Six proposals on amending the Law on Promoting the Transformation of Scientific and Technological Achievements

????No.15 proposed by Chen Rui Ai and other representatives, No.72 proposed by Zhang Weihua and other representatives, No.81 proposed by Yao Jianmin and other representatives, No.259 proposed by Jiang Jian and other representatives, No.426 proposed by Bai Hongzhan and No.431 proposed by Luo Ping, suggesting to add the definitions of "scientific and technological achievements" and "post scientific and technological achievements"; Further improve the standards of rewards and remuneration for scientific and technological personnel; To stipulate specific preferential tax measures for the transformation of scientific and technological achievements; Clarify the issue of part-time remuneration for scientific and technological personnel who are leading cadres. On August 29th, 2015, the 16th meeting of the 12th the National People’s Congress Standing Committee (NPCSC) adopted a decision on amending the Law on Promoting the Transformation of Scientific and Technological Achievements. The main suggestions put forward in the motion, such as adding the definitions of "scientific and technological achievements" and "post-scientific and technological achievements" and further improving the standards of rewards and remuneration for scientific and technological personnel, have been stipulated in the revised Law on Promoting the Transformation of Scientific and Technological Achievements; The specific preferential tax measures for the transformation of scientific and technological achievements and the part-time remuneration of scientific and technological personnel serving as leading cadres have all been stipulated in principle.

????9. 34 bills on amending the Criminal Law.

????No.20 proposed by Jia Wei’s equal representatives, No.77 proposed by Chen Weicai and others, No.80 proposed by Zhu Liyu and others, No.89 proposed by Wang Yunlong and others, No.93 proposed by Ningxia delegation, No.113 proposed by Yang Qin and others, No.153 proposed by Wu Xiangdong and others, No.192 proposed by Wu Donglan and others, No.218 proposed by Liu Yuankun and others. No.230, 253 and 351 proposed by Zheng Jianjiang and others, No.293 proposed by Zhang Shuqin and others, No.301, 302 and 305 proposed by Jia Chunmei and others, No.323 proposed by Hu Zijing and others, No.329, 334 and 335 proposed by Wei Feiyan and others, No.330 proposed by Feng Bihong and No.377 proposed by Qin Xiyan and others. No.394 proposed by Wang Mingwen and others, No.402 proposed by Mai Shirui and others, No.464 proposed by Li Denghai and others, No.469 proposed by Jiang Houlin and others, No.471 proposed by Liu Qin and others, No.479 proposed by Li Yalan and others, No.484 proposed by Li Guangyu and others, No.487 proposed by Yin Xiumei and No.489 proposed by Zhang Qiong and others. Raise the starting penalty for the crime of abducting and selling women and children, further increase the punishment, and amend the crime of abducting and selling women and children to the crime of abducting and selling people; Cancel the standard of conviction and sentencing amount in bribery and corruption crimes;Refine the amount standard of sentencing for corruption; Add life imprisonment to criminals who commit serious corruption and bribery; Adding fines to the crime of corruption and bribery, and expanding the object of bribery from property to include property and property interests; Add the crime of assaulting a police officer, and stipulate that assaulting a police officer shall be severely punished according to the crime of obstructing official duties; Cancel the crime of whoring with young girls; Add the crime of contempt of court to the criminal law. Amendment IX to the Criminal Law was adopted at the 16th session of the 12th the National People’s Congress Standing Committee (NPCSC) on August 29th, 2015. The main suggestions put forward in the motion, such as increasing the punishment for the crime of buying abducted women and children, and canceling the provision of not investigating criminal responsibility; Abolish the crime of whoring with young girls; Revise the conviction and sentencing standards of corruption and bribery crimes and add life imprisonment; Increase the crime of assaulting police; Perfecting the provisions for punishing terrorist activities has been made in the ninth amendment to the Criminal Law. Other suggestions put forward in the motion, such as the imprisonment of "drug driving" and the addition of the crime of infringing on the right of new plant varieties, will continue to be carefully studied by the Law Committee and the Legal Affairs Committee in the future legislative work.

????10. A proposal on establishing a public interest litigation system by procuratorial organs.

????Proposal No.79 put forward by Zheng Hong and other representatives suggested that the subject qualification of procuratorial organs in civil public interest litigation should be clarified through legislative interpretation, and the civil procedure law and administrative procedure law should be revised when the time is ripe, so as to clarify the subject status, scope of application and litigation procedures of procuratorial organs in civil and administrative public interest litigation. On July 1, 2015, the 15th meeting of the 12th the National People’s Congress Standing Committee (NPCSC) adopted a decision on authorizing the Supreme People’s Procuratorate to carry out pilot work of public interest litigation in some areas. The Law Committee and the Legal Affairs Committee will study the revision of relevant laws according to the pilot work and suggestions from relevant parties.

????2. Four legislative items involved in eight motions have been submitted to the National People’s Congress Standing Committee (NPCSC) for deliberation.

????11. A bill on the formulation of the Law on National Medal and National Honorary Title.

????The No.424 motion put forward by Bai Hongzhan and other representatives suggested that the construction of the national honor awarding system should be promoted based on China’s reality; The state formulates laws and regulations on the award of medals and honorary titles through legal channels and forms, and defines the setting, selection conditions, evaluation, award and revocation; Give full play to the positive role of the people in the process of awarding medals and honorary titles, and enhance the credibility of the national honor system. The draft Law on National Medal and National Honorary Title has been considered for the first time at the 16th meeting of the 12th the National People’s Congress Standing Committee (NPCSC), and has been submitted to the Standing Committee for the second consideration at this meeting. The main suggestions put forward in the motion have been carefully studied and absorbed during the drafting and deliberation of the draft law.

????12. Five proposals on formulating cyber security laws.

????No.43 proposed by Yuan Jinghua and other representatives, No.102 proposed by Shi Guilu and other representatives, No.114 proposed by Zhong Tianhua and other representatives, No.397 proposed by Wang Mingwen and No.409 proposed by Xu Xiao and other representatives, suggesting speeding up legislation and effectively ensuring network and information security; Straighten out the network management system and clarify the responsibilities of the supervision department; Strengthen the security of network operation and the security protection of key network infrastructure; Clarify the scope of network privacy protection, the legal responsibility of infringers and the remedies for infringement of network privacy; Implement network real-name registration system and strengthen the protection of information content and citizens’ personal information; Enhance the independent innovation ability of network information technology and strengthen the construction of network security protection ability; Intensify efforts to crack down on illegal and criminal activities such as using the Internet to endanger national security and public safety; Strengthen international cooperation and exchanges to jointly safeguard peace and security in cyberspace. The draft cyber security law has been considered for the first time by the 15th meeting of the 12th the National People’s Congress Standing Committee (NPCSC). In the process of drafting the draft, the suggestions put forward in the motion were carefully studied and absorbed, and the Law Committee and the Legal Affairs Committee will further study with relevant parties in the deliberation and revision of the draft cyber security law.

????13. One proposal on formulating an asset appraisal law.

????Proposal No.264 put forward by Jiang Jian and other representatives suggested that the problems such as the disunity of asset appraisal market, unclear responsibilities of appraisal institutions, low professional quality of appraisal practitioners and appraisal institutions, and insufficient self-discipline concept in the industry should be solved through legislation, and further promote decentralization, give full play to the role of industry associations, establish a review mechanism for appraisal reports, and standardize self-discipline management in the industry. The draft asset appraisal law has been reviewed by the 25th meeting of the 11th the National People’s Congress Standing Committee (NPCSC), the 4th meeting of the 12th the National People’s Congress Standing Committee (NPCSC) and the 16th meeting respectively. In the three deliberation drafts, the suggestions put forward in the proposal were carefully studied and absorbed, and the Law Committee and the Legal Affairs Committee will further study in the deliberation and revision of the draft asset appraisal law together with relevant parties.

????14. One proposal on formulating the management law of overseas NGOs.

????The 341st motion put forward by Liao Fei and other representatives suggested explicitly prohibiting foreign NGOs from engaging in activities endangering national security and interests in China; For overseas NGOs to recruit volunteers and organize projects in China, prior approval and examination permission shall be implemented; Relevant organizations and individuals in China who accept financial assistance, material donations, technical consultation and personnel services from overseas NGOs and carry out projects independently or jointly shall file with relevant departments; Establish a bank supervision account for the activities of overseas NGOs in China. The draft law on the management of overseas NGOs has been reviewed twice by the 12th and 14th meetings of the 12th the National People’s Congress Standing Committee (NPCSC). In the second deliberation draft, the suggestions put forward in the motion were carefully studied and absorbed, and the Law Committee and the Legal Affairs Committee will further study with relevant parties in the deliberation and revision of the draft law on the management of overseas NGOs.

????Three legislative items involved in three or five motions have been included in the legislative work plan of the National People’s Congress Standing Committee (NPCSC) in 2016.

????15. One proposal on formulating the general principles of civil law.

????The 70th motion put forward by Sun Xianzhong and other representatives put forward the basic institutional framework and legislative guiding ideology of the general principles of civil law. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the bill in the compilation of the Civil Code. The formulation of general principles of civil law has been included in the legislative work plan of the National People’s Congress Standing Committee (NPCSC) in 2016.

????16. Three bills on amending the Administrative Reconsideration Law.

????No.17 proposed by representatives such as Chen Rui Ai, No.314 proposed by representatives such as Zhang Surong and No.336 proposed by representatives such as Xiang Huiling suggested that the reconsideration system should be reformed. If a party refuses to accept an administrative act, he will no longer choose to apply for reconsideration to the higher authorities or the government at the same level, but directly to the government at the same level; Governments at all levels set up special reconsideration institutions to handle administrative reconsideration cases; Expand the scope of accepting cases and clarify the matters that will not be accepted; Moderately extend the time limit for applying for reconsideration; Improve the reconsideration procedure, extend the reply period to 30 days, and extend the reconsideration review period to 90 days; Establish a qualification system for administrative reconsideration personnel, and select administrative reconsideration personnel with reference to the post qualification standards stipulated in the Public Prosecutor Law and the Judges Law; Establish a relatively independent and unified administrative reconsideration Committee. The revision of the Administrative Reconsideration Law has been included in the 12th the National People’s Congress Standing Committee (NPCSC) Legislative Plan and the 2015 Legislative Work Plan. At present, the Legislative Affairs Office of the State Council is studying and drafting the revised draft of the Administrative Reconsideration Law. The Law Committee and the Legal Affairs Committee will seriously study the proposals put forward in the motion together with the the State Council Legislative Affairs Office and other departments. The revision of the Administrative Reconsideration Law has been included in the legislative work plan of the National People’s Congress Standing Committee (NPCSC) in 2016.

????17. 1 proposal on accelerating the implementation of the statutory principle of taxation.

????The 9th motion put forward by the Anhui delegation suggested that the relevant decision of the National People’s Congress authorizing the State Council to carry out tax legislation should be abolished as soon as possible, and the authorization of tax legislation for the State Council should be withdrawn. Put forward the timetable and road map for upgrading the existing 15 tax administrative regulations into law, and complete them all before 2020, and complete the legislative work of main taxes such as value-added tax during the term of this NPC; The relevant special committees of the National People’s Congress or the working organs of the Standing Committee shall organize the drafting of relevant tax laws; In the process of tax legislation, we should fully listen to the opinions and suggestions of taxpayers and local people’s congresses, absorb as much as possible what can be absorbed, and explain what cannot be absorbed. According to the requirement of "implementing the statutory principle of taxation" decided by the Third Plenary Session of the 18th CPC Central Committee, the "Implementation Opinions on Implementing the statutory principle of taxation", which was approved by the CPC Central Committee, clearly stated that if a new tax is levied, the corresponding tax laws should be formulated through the National People’s Congress and its Standing Committee; Specific arrangements have been made for the time when the current 15 tax regulations will be revised into laws or abolished, and efforts will be made to complete them all by 2020; After all tax regulations are raised to laws or abolished, they shall be submitted to the National People’s Congress for annulment of relevant authorization decisions. At present, environmental protection tax law, value-added tax law, resource tax law, real estate tax law, tariff law, tonnage tax law, farmland occupation tax law and tax collection and management law (revised) have been included in the adjusted 12th the National People’s Congress Standing Committee (NPCSC) Legislative Plan. The Law Committee and the Legal Affairs Committee will actively do a good job in relevant tax legislation in accordance with the relevant provisions of the Legislative Law.The formulation of environmental protection tax law, real estate tax law, ship tonnage tax law, tobacco tax law and revision of tax collection and management law have been included in the legislative work plan of the National People’s Congress Standing Committee (NPCSC) in 2016.

????Four, seven legislative items involved in 20 bills have been included in the 12 th the National People’s Congress Standing Committee (NPCSC) Legislative Plan and are being drafted or studied for revision.

????18. Two proposals on starting the compilation of the Civil Code.

????19. Six bills on amending the General Principles of Civil Law, Property Law and Guarantee Law.

????20. One proposal on unifying the compensation standard for road traffic accident death.

????21. Three bills on amending the Marriage Law.

????22. Two proposals on amending the law of succession.

????No.78 proposed by Wu Qing and No.307 proposed by Jia Chunmei suggested that the compilation of the Civil Code should be started as soon as possible, and the style and content of the Civil Code should be scientifically determined. The 120th motion put forward by Wu Xiaoling and other representatives suggested that the spirit of the Third Plenary Session of the 18th CPC Central Committee on equal protection of the non-public sector of the economy should be implemented, and the relevant provisions of the General Principles of Civil Law and the Property Law should be amended. The bill also proposes to amend the relevant provisions of the criminal law to implement the spirit of equal protection for the non-public economy. No.151 proposed by representatives such as Gao Fei and No.214 and No.216 proposed by representatives such as Liu Yuankun suggested amending the provisions on property mortgage in the Property Law and the Guarantee Law, realizing the separation of rural collective land ownership, farmers’ contracting rights and management rights, making it clear that collective land use rights such as cultivated land, homestead, private plots, private plots and wasteland can be mortgaged, or stipulating that the management rights of contracted land and farmers’ housing property rights can be mortgaged. The No.152 motion proposed by Zhou Jianyuan and other representatives suggested amending the property law to clarify the ownership and income right of the underground garage rebuilt by civil air defense projects. The 198th motion put forward by Zhang Tianren and other representatives suggested amending the guarantee law, further clarifying the classification and applicable conditions of the guarantee law, and making a good connection between the guarantee law, the property law and the judicial interpretation provisions. The 173rd motion proposed by Xia Yufa and other representatives suggested that the National People’s Congress Standing Committee (NPCSC) should investigate and promulgate relevant laws, implement a unified standard of urban and rural household registration for road traffic accident death compensation, and solve the problem of "the same life but different prices" in road traffic accidents from the legislative level.No.56 proposed by representatives such as Liansheng Zhang, No.133 proposed by representatives such as Min Yang and No.166 proposed by representatives such as Hu Guihua suggested amending the marriage law, lowering the age of marriage, and amending the obligations of child support, divorce conditions, the determination of divorce due to fault and legal consequences; Clarify the joint debt of husband and wife; Establish a post-divorce support system and increase the compensation for women who have no fault in divorce. No.486 proposed by Li Yalan and other representatives, and No.493 proposed by Gao Guangsheng and other representatives suggested amending the inheritance law, expanding the scope of inheritance, and increasing the legal succession order and legal will form; Establish sealed wills and testamentary inspection, inheritance certificates, conditional limited inheritance, property manager’s custody of the estate, post-inheritance and other systems, and stipulate the rules and restrictions for giving up inheritance rights. The compilation of the Civil Code has been included in the adjusted 12th the National People’s Congress Standing Committee (NPCSC) Legislative Plan, and the Legislative Affairs Commission is stepping up its research and drafting work. Regarding the suggestions made in the bill, the Law Committee and the Legal Affairs Committee will carefully study and make overall consideration in the compilation of the Civil Code.

????23. Five proposals on enacting anti-corruption laws.

????No.187 proposed by Wang Faliang and other representatives, No.265 proposed by Liu Ling and other representatives, No.295 proposed by Zhou Guangquan and other representatives, No.386 proposed by Tang Zongwei and No.404 proposed by Fan Haitao and other representatives suggested speeding up the anti-corruption national legislation, perfecting the system of punishing and preventing corruption and forming an effective mechanism that does not dare to rot, cannot rot and does not want to rot. With regard to anti-corruption legislation, the revision of the Administrative Supervision Law and the enactment of the International Criminal Judicial Assistance Law have been included in the 12th the National People’s Congress Standing Committee (NPCSC) Legislative Plan. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????24. One proposal on the formulation of a criminal victim compensation law.

????The 393rd motion put forward by Wang Mingwen and other representatives suggested that a criminal victim compensation law should be enacted, and the state should give certain financial assistance to those who are seriously injured, disabled or killed by criminal acts such as serious violence in criminal injury cases. The law on assistance to criminal victims has been included in the 12th legislative plan of the National People’s Congress Standing Committee (NPCSC), and the Legal Affairs Committee is working hard to study and draft it. The Law Committee and the Legal Affairs Committee will seriously study the proposals put forward in the motion together with relevant parties.

????Five, 40 bills involving 21 legislative items, some can be included in the annual legislative work plan when conditions are ripe, and some can be included in the drafting or revision of relevant laws for overall consideration.

????25. Three bills on amending the supervision law.

????No.10 proposed by Anhui delegation, No.16 proposed by representatives such as Chen Rui Ai, and No.201 proposed by representatives such as Xie Zilong, proposed to refine the supervision procedures and enhance operability; Incorporate the supervision of the staff of relevant state organs and the supervision of vertical management departments into the scope of supervision; Make specific provisions on constitutional supervision; Clarify relevant legal responsibilities; According to the practice of supervision, new supervision methods are added. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????26. One proposal on amending the State Compensation Law.

????The No.82 motion proposed by Zhu Liyu and other representatives suggested that the scope of compensation should be expanded. The expenses of state compensation should include the operating losses and expected profits of private entrepreneurs, the labor remuneration of ordinary workers calculated at three times the local average wage, the loss of health and illness delay, the expenses of transportation and accommodation during the state compensation lawsuit, the compensation for mental damage of relatives, the loss of reputation and honor of being wrongly imprisoned, and the expenses of returning to society. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????27. A bill on the formulation of a constitutional interpretation procedure law.

????The 340th motion put forward by Dai Zhongchuan and other representatives proposes to formulate a procedural law of constitutional interpretation, which clearly stipulates the principles and subjects of constitutional interpretation, the subjects of making requests for constitutional interpretation, the procedures for accepting requests, and the drafting, deliberation, voting and effectiveness of the draft interpretation. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????28. One proposal on amending the Organic Law of the National People’s Congress, the rules of procedure of the National People’s Congress and the local organization law.

????Proposal No.205 put forward by Zheng Yuhong and other representatives suggested that the Organic Law of the National People’s Congress, the rules of procedure of the National People’s Congress and the local organization law should be amended as soon as possible, and the voting methods of resolutions of people’s congresses at all levels should be standardized, and electronic voting devices or secret ballot should be clearly adopted. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????29. One proposal on enacting a hearing law.

????The No.435 motion proposed by Sun Zhaoqi and other representatives suggested that a hearing law be formulated, which clearly stipulated the applicable object of the hearing, the qualification of the organizer, the methods and procedures for the public hearing representatives, the hearing response system, the legal effect of the hearing results, the hearing work plan, the main contents of the hearing announcement, and the specific procedures of the hearing. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????30. One proposal on designating September 18th as "National Shame Warning Day"

????The 130th motion proposed by Zhao Guohong and other representatives suggested that the National People’s Congress Standing Committee (NPCSC) should make September 18th a national "national humiliation warning day" by exercising the right to decide on major issues. According to the "National Holidays and Remembrance Days" formulated by the State Council, the "September 18th Remembrance Day" is already a legal memorial day in China. Regarding the suggestions put forward in the motion, the Law Committee and the Legal Affairs Committee will seriously study them in the future work in combination with relevant legislative work.

????31. Three bills on the formulation of personal information protection law.

????No.207 proposed by representatives such as Xue Shaoxian, No.292 proposed by representatives such as Li Jianchun, and No.436 proposed by representatives such as Tao Qunnan proposed to formulate a personal information protection law, which stipulated the legal definition of personal information, the collection, processing and utilization of personal information, the subject and content of responsibility, the law enforcement accountability and punishment mechanism and the industry self-discipline mechanism. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????32. One proposal on amending the emergency response law.

????Proposal No.287 put forward by Luo Xia and other representatives suggested supplementing and revising the relevant provisions of the emergency response law concerning emergency command institutions, making it clear that it is the main body of law enforcement of the emergency response law and making it a full-time, real-power and normal daily emergency management institution. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????33. One proposal on enacting a petition law.

????The 309th motion put forward by Feng Yue and other representatives suggested that a law on letters and visits should be formulated to clarify the functions and powers of letters and visits and the basic role of resolving social contradictions, standardize the procedures and responsibilities for handling letters and visits in accordance with the law, and restrain the letters and visits of the petitioners to realize letters and visits in accordance with the law. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????34. One proposal on enacting the law on the disclosure of government information.

????Proposal No.308 proposed by Zhao Dongling and other representatives suggested that a law on the disclosure of government information should be formulated on the basis of the regulations on the disclosure of government information, so as to further expand the subject of information disclosure, clarify the scope of information disclosure, and improve the procedures for the public to obtain government information. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????35. Three bills on amending the Administrative Punishment Law.

????No.48 proposed by representatives such as Liansheng Zhang, No.378 proposed by representatives such as Jiang Qiutao, and No.406 proposed by representatives such as Mai Shirui proposed to amend the Administrative Punishment Law and improve the rules of evidence, hearing procedures, punishment methods and standards. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????36. A bill on the formulation of a law on publicity and education of the rule of law.

????The No.322 motion proposed by Fu Lijuan and other representatives suggested that the law on publicity and education of the rule of law should be included in the legislative plan of the National People’s Congress as soon as possible, and strive to be promulgated in 2016, the year when the "Seventh Five-Year Plan" was launched. After nearly 30 years of practice, the publicity and education of the rule of law has accumulated rich experience. Whether it is necessary to legislate separately, the Law Committee and the Legal Affairs Committee will further strengthen research and demonstration on the basis of summing up practical experience.

????37. One proposal on enacting a law on weapons and equipment procurement.

????Proposal No.285 put forward by Li Yanming and other representatives proposes to formulate a law on weapons and equipment procurement, clarify the position, role and division of responsibilities of the government, the military and local suppliers in the procurement and supply of weapons and equipment, and make specific provisions on procurement methods, procurement procedures, procurement contract management, procurement supervision, procurement legal responsibilities and other issues. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????38. One bill on the enactment of a law on non-war military operations.

????The No.283 motion proposed by Cui Yuling and other representatives proposes to formulate a law on non-war military operations, stipulate the relevant issues of non-war military operations in principle, and stipulate the tasks, responsibilities, rights and obligations and related guarantees of the army in carrying out non-war military operations. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????39. Two bills on the formulation of the law on the protection of military rights and interests.

????No.284 proposed by representatives such as Li Aiping and No.286 proposed by representatives such as Liang Xiaojing proposed to formulate a law on the protection of military rights and interests, focusing on defining the object of protection of military rights and interests, the basic principles of protecting military rights and interests, the scope of protection of military legitimate rights and interests, the responsible subjects, legal responsibilities and ways to protect military rights and interests. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????40. Six bills on amending the Civil Procedure Law.

????No.18 proposed by Zhang Zhaoan and other representatives, No.54 proposed by Liansheng Zhang and other representatives, No.94 proposed by Ningxia delegation, No.372 proposed by Zheng Jianjiang and other representatives, No.395 proposed by Li Xueqin and No.433 proposed by An Jin and other representatives, proposing to amend the Civil Procedure Law and increase the content of public interest litigation by procuratorial organs; Amend the relevant provisions on the third party, lien service and issuance of enforcement notice; Change the service period of the announcement from 60 days to 30 days; Improve the system of extending the trial limit of civil procedure law; Adding special procedures to confirm the inheritance legal status of the only child; Standardize the execution of the creditor’s rights enjoyed by the person subjected to execution to the third party, etc. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????41. Five bills on amending the Criminal Procedure Law.

????No.45 proposed by Chen Yunlong and other representatives, No.59 proposed by Liansheng Zhang and other representatives, No.118 proposed by Yao Xiaoying and other representatives, No.362 proposed by Li Linghong and No.480 proposed by Zhai Youcai and other representatives suggest amending the Criminal Procedure Law and improving the information protection provisions for duty crime investigation; Giving criminal suspects and defendants the right of defense at all stages of criminal proceedings; Clearly stipulate the principle of presumption of innocence; Improve the litigation procedure of public prosecution cases in which the parties reconcile; Revise the criminal procedure law with trial as the center; Increase the provisions on how to deal with criminal suspects in cases where mental illness caused the trial to be suspended and the trial could not be resumed for many years during criminal proceedings. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????42. Three bills on the enactment of enforcement law.

????No.36 proposed by representatives of Dai Tianrong, No.115 proposed by representatives of Yang Qin and No.403 proposed by representatives of Fan Haitao, proposed to formulate enforcement law, clearly stipulate the separation of trial and execution, properly handle the relationship between enforcement procedure norms and enforcement measures norms, and make specific and clear provisions on a series of issues such as the legal status of enforcement agencies and personnel, the establishment of enforcement agency system, and implementation principles. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????43. Two proposals on amending the Arbitration Law.

????No.188 proposed by representatives such as Song Xinfang and No.203 proposed by representatives such as Xue Shaoxian proposed to amend the Arbitration Law, and to amend China Arbitration Association, Arbitration Commission, arbitration agreement, arbitration third party system, arbitrator generation procedure, judicial review of arbitral awards, etc., and to provide for an interim arbitration system. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????44. A proposal on building a public interest litigation system for the loss of state-owned assets.

????The No.438 motion put forward by representatives such as An Jin suggested to build a public interest litigation system for the loss of state-owned assets, to bring the loss of state-owned assets into the adjustment scope of civil public interest litigation, to clarify the subject qualification, to establish a special court and special procedures, to rationally allocate the burden of proof, to establish a plaintiff reward system, and to prevent and control the abuse of public interest litigation. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????45. A proposal on establishing an oath system for witnesses and experts.

????The No.412 motion put forward by Zhang Liyong and other representatives suggested amending the Civil Procedure Law, the Criminal Procedure Law and the Administrative Procedure Law, and adding relevant contents about the oath system for witnesses and expert witnesses. The Law Committee and the Legal Affairs Committee will carefully study the suggestions put forward in the motion in the future legislative work.

????In addition, there is a motion on strengthening the legislative interpretation of the National People’s Congress Standing Committee (NPCSC). The No.121st motion put forward by Meng Qiliang and other representatives suggested that the National People’s Congress Standing Committee (NPCSC) should improve the working mechanism of legislative interpretation, improve the procedures of legislative interpretation, strengthen the filing and review of laws, regulations and judicial interpretations, improve the review and filing system of judicial interpretations, and strengthen the cleanup of laws, regulations and judicial interpretations. The decision on amending the legislative law, which was deliberated and adopted at the Third Session of the 12th National People’s Congress, has made corresponding provisions on the relevant suggestions put forward in the motion. The Law Committee and the Legal Affairs Committee will sum up the practical experience of the National People’s Congress Standing Committee (NPCSC)’s legal interpretation work in a timely manner, further strengthen the legal interpretation work, strengthen the filing review system and capacity building in accordance with the requirements of the Fourth Plenary Session of the 18th CPC Central Committee, and ensure the correct implementation of national laws.

CCTV News:Look at the economy through data, and look at development through economy. Today (August 31st), a number of economic data were released, involving major project construction, transportation, logistics and other fields. A series of economic data are positive, and the economic boom in China is steadily increasing.

This year, China’s private investment in major projects exceeded 5 trillion yuan.

Since the beginning of this year, China has adopted a series of policies and measures to vigorously support the development of private investment and promote private enterprises to participate in major projects such as infrastructure, with a total investment of more than 5 trillion yuan.

According to the relevant person in charge of the National Development and Reform Commission, since the beginning of this year, the state has actively introduced projects to private capital, built a national key private investment project library, supported private investment projects to issue real estate investment trust funds in infrastructure, established a new mechanism and policy system for cooperation between government and social capital, and promoted more private capital to participate in major projects in the fields of railways and nuclear power, involving a total of 3,556 projects with a total investment of 5.08 trillion yuan. Among them, there are 1,527 normalized promotion projects with a total investment of 1.26 trillion yuan, covering 12 fields including manufacturing and urban infrastructure.

At present, 189 projects have entered the list of national key private investment projects. In order to promote the better implementation of these projects, China has established a working mechanism to promote private investment funds and factor guarantee, and given special land use and financing support to key private investment projects. As of August 20th, 1359 private investment projects have been approved through the pilot cooperation mechanism of investment and loan linkage, involving a total investment of 1.95 trillion yuan.

In 2023, the new kinetic energy index of economic development increased by 19.5%.

According to the latest data released by the National Bureau of Statistics on August 31st, in 2023, the new kinetic energy index of China’s economic development was 119.5, an increase of 19.5% over the previous year.

Scientific and technological innovation has become a key force to promote the growth of new kinetic energy. In 2023, the innovation-driven sub-index in the new kinetic energy index of economic development increased by 22.3% year-on-year, the innovation-driven development strategy was implemented in depth, and the transformation of scientific and technological achievements was further strengthened; In 2023, the national R&D investment increased by 8.1% over the previous year, and the contract value in the technology market increased by 28.6%.

The integration of digital technology and the real economy continues to empower the growth of new kinetic energy. In 2023, the classification index of network economy in the new kinetic energy index of economic development increased by 22.1% year-on-year, and the advantages of network economy continued to consolidate.

In the first seven months, China’s major traffic indicators maintained growth.

The reporter learned from the Ministry of Transport that this year 1-mdash; In July, China’s commercial freight volume reached 31.79 billion tons, a year-on-year increase of 3.7%. The cargo throughput of ports nationwide reached 10 billion tons, up 4% year-on-year. In the first seven months, China’s investment in transportation fixed assets exceeded 2 trillion yuan, and the transportation economy was generally stable.

In the first half of the year, the business volume of express delivery in China reached 2.6 billion pieces.

The reporter learned from China Post Group Co., Ltd. that in the first half of this year, the business volume of express delivery in China reached 2.6 billion pieces, a year-on-year increase of 46%. By vigorously promoting the sharing of passenger and postal transport capacity, the sharing of stations and the co-construction of stations, the "transportation difficulty" problem of rural logistics can be effectively solved.

China’s offshore drilling speed has reached a new high.

On August 31st, the reporter learned from CNOOC that an offshore exploration well located in Yinggehai Basin in the southern part of Hainan Island has completed all drilling tasks. During this period, 2138 meters was drilled underground in the fastest day, which set a new record for the daily drilling speed of offshore oil and gas wells in China.

The comprehensive utilization of light hydrocarbons in Yangtse Yangba, a major national foreign investment project, started.

On August 30th, a major national foreign investment project — — The Yangtze Yangba light hydrocarbon comprehensive utilization project started in Jiangbei New District, Nanjing, Jiangsu Province. The total investment of the project is about 25.6 billion yuan, which is jointly funded by petrochemical enterprises in China and Germany. Three sets of process units and supporting facilities with an annual output of 1 million tons of ethylene will be built to accelerate the transformation and rejuvenation of the petrochemical industry.

Lvliang, the old revolutionary area, opened the first China-Europe train.

The first China-Europe train in Lvliang, an old revolutionary base area, left Wenshui County yesterday (August 30th) for Moscow, the Russian capital. The train carried 55 standard containers, including office furniture, fitness equipment and other commodities, which effectively improved the opening level of the old revolutionary base areas in Lvliang.

[In the field of hope] Technology empowerment helps autumn grain production

At present, it is the critical period of autumn grain production, so all localities should strengthen the popularization and application of agricultural science and technology and take various measures to consolidate the foundation of high yield of autumn grain.

Science and technology empower to increase grain production capacity. In these two days, more than one million mu of highland barley in Qinghai Province gradually entered the harvest period. This year, Qinghai has strengthened the popularization and application of innovative machinery such as smart agricultural machinery and high-performance agricultural machinery, and achieved remarkable results.

Sichuan’s rice harvest exceeded 16.24 million mu, close to 60% of the total area. In Meishan, Sichuan, local intelligent agricultural equipment gradually replaced manual operation, and increased grain production capacity by expanding area and bill of lading production.

Intelligent upgrading of field management. At present, the growth of corn is in the filling stage, and the prevention and control of pests in farmland has entered a critical period. In the high-standard farmland demonstration zone in Handan, Hebei Province, technicians accurately detect the insect situation and soil moisture through the Internet of Things monitoring system, and guide farmers to prevent and control pests and diseases at any time; In Fuyang, Anhui Province, the intelligent field management system can monitor the soil moisture, fertilizer, disease and insects of farmland in real time, effectively improve the field management level and ensure a bumper harvest of autumn grain.

In Heilongjiang Reclamation Area, agricultural departments widely use drones to help growers carry out "one spray and more promotion" operations, promote crop maturity, increase yield, and fully consolidate the foundation of high yield of autumn grain.

education department of shaanxi
Shaanxi Provincial Development and Reform Commission
　　　　　　Shaanxi province labor resources and social security department
　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　 May 15, 2019

Mayday teamed up with flumpool to sing the movie A Xin.

　　　 Movie network news According to the finalized theme song adapted from the popular Japanese TV series, the Japanese rock band "flumpool" will join hands with the super popular rock group "Mayday" in Taiwan Province, China to sing passionately.

　　　 The two orchestras had the experience of performing on the same stage in Taiwan Province, China in October, 2011. This time, the theme song for the film was "Belief–For You Waiting for Spring", which realized the classic cooperation between the two orchestras across regional and language barriers. "Mayday" led by A Xin and "flumpool" led by Ryuta Yamamura will convey the musical concept full of youthful passion to fans and fans.

　　　 A Xin, a Japanese drama version, has been broadcast in 68 countries and regions around the world, becoming a well-known classic Japanese drama. It is a great honor to sing the theme song for the movie version of A Xin, whether it is "flumpool" or "Mayday". After reading the script, Ryuta Yamamura, who is in charge of music production, said with emotion that "the importance of family, the importance of hometown and the desperate efforts to live better have deeply infected me, and I will integrate all these feelings into the music."　

　　　 In addition, since her debut in 1999, the "Mayday" of the first rock troupe has been established in the Asian Chinese-speaking circle. The lead singer A Xin happens to have the same name as the protagonist, and A Xin said with a smile, "I am so happy to have this similarity!" It is understood that Mayday will sing in Japanese for the first time. A Xin said, "The movie makes me feel the persistent spirit of facing difficulties. When I study Japanese lyrics, I try to interpret the emotion of this song with the feeling of understanding the meaning." It is understood that Mayday will officially debut in Japanese music with this song.

　　　 In the film version of "A Xin", A Xin as a child is played by Kokone Hamada, and A Xin’s parents are played by SMAP members Gor? Inagaki and Aya Ueto. In addition, new and old movie stars such as Kazuko Kishimoto, Ayako Kobayashi, Ryunosuke Naimu, Jitsuko Yoshimura and Shinnosuke Mitsushima will all have wonderful performances. A Xin Movie Edition will be released in Japan on October 12th, 2013.

1905 movie network news Starting from this week, "Life I yearn for" started a double broadcast mode once a week, which doubled the surprise and attracted countless fans to wait. In the eleventh issue released this Saturday, Bo Huang and himself starred in the film for the first time — — Yu Hewei and Wang Xun came to visit together, adding a "sweet burden" to the mushroom house that has been saturated with reception. At the same time, the reunion of the three people has brought infinite expectations to everyone.

"Bad Millet" Bo Huang and the Extreme Men’s Gang bombed the mushroom house, and Huang Lei He Jiong was fooled.

"The Life I yearn for" is a documentary program of life service, which inherits the earnest expectation of the first season. In addition to the more challenging rules of the game in the second season, its unique way of joining guests and friends makes the guest status of each issue a hot topic for the audience. As early as the third issue of Extreme Challenge, Huang Lei revealed that "Double Yellow" was about to be combined in "The Life I yearn for", and the frequent interaction between official and blog ignited the enthusiasm of fans. Bo Huang, as the resident MC of two programs, is not only the IQ of Extreme Challenge, but also the cooking skill of Life I yearn for. The ordering and cooking of each episode are the most important parts of the program, which not only tests the cooking skill, but also tests the ability of He Huang to recognize people in the entertainment circle.

This time, however, they met Bo Huang, the "bad corn". He and Yu Hewei and Wang Xun not only ordered a seafood dinner, but also joined Sun Honglei, Show Lo and LAY, who were not involved in the program, to call the mushroom house to order by bombing, and invited the passers-by grandmother to cooperate with their own scripts, scaring "He Huang" and wondering how many guests were coming. The three people still pretended not to know after they arrived at the mushroom house, and they led a good play in a muffled voice.

Bo Huang, Yu Hewei, Wang Xun grabbed the job and made a joke. He Jiong Dahua gave another concert and everyone was in harmony.

Although He Jiong and Huang Lei were badly punished, Bo Huang and his party still inherited the fine tradition of the mushroom house and took the initiative to shoulder the heavy responsibility of work. From the preview, we can vaguely see that the "Yellow Kitchen" has changed people. Just look at Bo Huang’s posture of holding chopsticks in one hand and holding a basin in the other. This dinner is still very exciting. A group of people were wearing ripped jeans, and Yu Hewei, who was in a mushroom house, was busy with his hands. Wang Xun also took the initiative to ask "Is there any work" from time to time, and insisted on grabbing work from Bo Huang. He Jiong was all amused, saying that "I have never seen anyone who can’t work".

Dahua confided his secret love to Yu Hewei, Bo Huang warmly comforted "this is the love of young people", and the mushroom house collectively recalled the love of youth, and the concert kicked off again. Surprisingly, Wang Xun also showed his skill, playing the violin and playing Faye Wong’s "I Do" with Henry Lau, and He Jiong also adapted the lyrics from time to time. The three leading actors did not forget the fancy propaganda film in the program, and danced the movie song "The Best Stage" together. Everyone danced outside the mushroom house, which made the atmosphere more lively and warm, and made the audience look forward to the official broadcast of the program.

　　Tell everyone a "cold" news, the strongest cold wave since the winter of this year is coming soon! It is predicted that from November 26th to 30th, the cold wave will sweep across China, and the temperature will plummet in most areas.

　　Speaking of the cold wave, many people have memories dominated by it. As the "strongest" cold air, how "cold" is the cold wave? What is the strongest cold wave in history? The reporter interviewed Ye Dianxiu, a senior engineer under research at the National Climate Center and the chief expert of meteorological services at the China Meteorological Bureau, and asked him once and for all.

　　1. What is the standard of cold wave? Is there a difference between the north and the south of China?

　　Cold wave is a kind of cold air and a kind of disastrous weather. According to the national standard of cold air grade in China (GB/T 20484-2017) formulated in 2017, the cold air activity that makes the daily minimum temperature in a certain place lower than or equal to 8℃ within 24 hours, or lower than or equal to 10℃ within 48 hours, or lower than or equal to 12℃ within 72 hours is called cold wave.

　　2. How strong is the "ability" of cold wave cooling?

　　Monitoring shows that the average cooling rate of each cold wave in most parts of China is above 10℃. The average cold wave cooling rate in most parts of Northeast China, Jianghuai, eastern Jianghan, Jiangnan and southern China, as well as most parts of Inner Mongolia and northern Xinjiang can reach 12.℃To 14℃, more than 14℃ in most areas of Guangdong and Guangxi.

　　The maximum cooling range of cold waves in Northeast China, most of North China, most of Northwest China, most of Huanghuai, most of Jianghuai, southern Jiangnan and most of Inner Mongolia and Tibet is above 20℃. Among them, the maximum cooling rate in most parts of Northeast China and Inner Mongolia, northern Xinjiang, northwestern Tibet and southwestern Qinghai can reach 25.℃To 30℃, more than 30℃ in some areas; The maximum cooling range of cold wave in Sichuan basin, most of Yunnan and Hainan is below 15℃, and that in other parts of the country is generally below 15℃℃To 20℃.

　　3. How many cold waves occur on average every year in China?

　　In China, cold waves mostly occur in late autumn, winter and early spring. In the past 30 years (1991-2020), cold waves have occurred 5.4 times a year on average in China.

　　Since 1991, the most frequent cold wave occurred in 2021, with 11 times. Followed by 2009, there were 8 times, and the least number of cold waves was in 2017, only 2 times.

　　4. Where did the cold wave affect our country come from?

　　The cold air affecting China can be roughly divided into the following four paths:

　　① Northwest route: Cold air enters China from the White Sea and Barents Sea west of Xindi Island via Siberia and Mongolia in the west.

　　② Northern route: Cold air enters northern Asia from Kara Sea or Novosibirsk Sea east of Xindi Island, and enters China from north to south via Mongolia.

　　③ Western route: Cold air affects eastern China from west to east in Eurasia south of 50 degrees north latitude via Xinjiang.

　　④ Northeast route: Cold air from the Sea of Okhotsk or eastern Siberia affects the northeast of China.

　　more thanPath,The first three paths are more common, while the last path is less frequent and less intense.

　　5. What are the cold waves with large temperature drop in history?

　　According to the monitoring results of cold air process, since 1991, the top five cold waves with comprehensive cold air intensity in China have appeared on November 4-9, 2021, March 11-14, 2006, March 18-22, 1998, February 14-17, 2020 and April 11-17, 2006.

　　Cold waves often bring a wide range of severe cooling, strong winds and snowfall. Taking the cold wave process from November 4 to 9, 2021 as an example, the land area with the temperature drop exceeding 8℃ is 7.709 million square kilometers, accounting for about 80.3% of the national land area. Among them, there are 1.011 million square kilometers whose temperature drop exceeds 16℃.

　　The daily minimum temperature of 172 national meteorological stations in Xinjiang, Gansu, Qinghai, Ningxia, Shaanxi, Shanxi and other places reached or exceeded the historical extreme value in early November.

　　The daily precipitation of 151 national weather stations in Liaoning, Jilin, Heilongjiang, Inner Mongolia, Hebei, Tianjin, Shanxi, Shandong and other places exceeded the historical extreme in November. There is obvious snow in many places in the north, and the depth of snow in Inner Mongolia, Jilin and Liaoning is more than 40 cm.

The cold wave process cooled downAmplitude forecast chart (26-30 November) Photo courtesy of Central Meteorological Observatory

　　6. Where is the place most favored by the cold wave in China?

　　In China, the frequency of cold wave is characterized by more in the north and less in the south. The areas most favored by cold waves include: Northeast China, western and northern parts of North China, northern and central parts of Northwest China, most of Tibet, Inner Mongolia and other places, with an average annual cold wave frequency of more than 4 times. Among them, there are generally 10 to 15 times in the eastern and northern parts of Northeast China, most of Inner Mongolia and parts of northern Xinjiang, and there are more than 15 times in some areas.

　　7. In cold winter, are there more cold waves than in warm winter?

　　The answer is no.

　　There are obvious differences in judging factors and time periods between cold winter and cold wave, and the annual cumulative cold wave frequency is not necessarily related to cold and warm winter. Cold winter is a kind of climate concept based on the temperature condition of the whole winter, and the basic element of judging cold and warm winter is the average temperature of winter (December to February) for three months. The basic factors to judge the cold wave process are the daily minimum temperature (≤4℃) and the 24-hour (or 48-hour, 72-hour) cooling range (≥8℃, 10℃ or 12℃).

　　Therefore, the number of cold waves in cold winter is not necessarily more than that in warm winter. For example, both 1998 and 2019 were strong warm winters, and the number of cold waves was 6, which was more than that of strong cold winters in 1983 (3 times), 1984 (2 times) and 1985 (2 times).

　　(Author: Zhang Juan Cartography: Fu Lei Editor: Yan Hong)

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The Mercedes-Benz GLE presents an elegant and powerful body aesthetic with its well-designed side lines. Its body size is 4927mm*2018mm*1797mm and the wheelbase is 2995mm, ensuring a spacious interior and excellent driving stability. With a front track of 1679mm and a rear track of 1728mm, these parameters work together to create a harmonious body proportions. The Mercedes-Benz GLE uses 19-inch wheels with 275/55 R19-size tires, which not only provides excellent grip, but also gives the vehicle a unique visual impact, reflecting the perfect combination of luxury and performance.

The interior design of the Mercedes-Benz GLE highlights the perfect fusion of luxury and technology. In the spacious cockpit, the steering wheel is made of high-quality leather material, providing a comfortable grip experience, and supports manual up, down and back adjustment to adapt to the needs of different drivers. The 12.3-inch central control screen stands in the center, clearly displaying multimedia, navigation and phone information, bringing convenient operation experience to the driver. In addition, the multimedia system with automatic speech recognition function ensures easy operation during driving.

In terms of seats, both the front and rear rows are made of imitation leather, which is not only delicate to the touch, but also has heating and ventilation functions to ensure that passengers can enjoy comfort in all climates. The main and passenger seats are equipped with 4-way adjustment, including front and rear, backrest, high and low and waist support, to meet the driver’s individual needs. In terms of spatial layout, the rear seats support proportional reclining, providing great flexibility for loading large items. Together, these configurations create a driving environment that is both practical and comfortable.

The Mercedes-Benz GLE is equipped with a powerful 2.0T turbocharged engine with a maximum power of 190 kilowatts, which can provide the driver with excellent performance. The peak torque of this engine has reached a staggering 400 Nm, ensuring that it can maintain abundant power output in various road conditions. With a 9-speed automatic transmission, the Mercedes-Benz GLE has reached a higher standard in terms of shift smoothness and driving pleasure, meeting the driver’s dual needs for power and handling.

Overall, the Autohome owner spoke highly of the exterior design of the Mercedes-Benz GLE, emphasizing its atmospheric style and unique trunk design, which he believes makes the vehicle quite face-saving. However, he has some reservations about the design of the new lights, believing that the style of the new model is more elegant than the old model. Despite some small suggestions, it can be seen that he is generally satisfied with the Mercedes-Benz GLE.

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The first generation taxi Fiat

One of the second-generation taxi models, Fukang

One of the second generation taxi models Van

The third-generation taxi new Elysee

All Media Chief Reporter Li Xinghui Correspondent Hu Jian Intern Huang Wenyan

playback

The first taxi was introduced in 1980

Although the number of private cars is increasing, taxis are still an important means of public transportation in the city. Taxi passenger transportation in Xiangyang began in 1980.

It is understood that that year, Xiangyang City Rental and Public Car Company purchased two Fiat cars for taxi passenger transportation, mainly operating chartered business.

Three years later, the number of taxis in the urban area increased to six. By 1989, the municipal government allowed state-owned, collective and individual taxis to operate in accordance with the development of the national economy. The number of taxis soared to 48, 68 in 1992 and 90 in 1993. However, at this time, the operation mode of taxis was mainly to wait for passengers and charter passengers, and still did not go to the road to pick up passengers.

In 1995, urban taxis were uniformly installed with meters, and began to carry passengers on the road, charging according to the mileage displayed by the meters.

new visit

It has undergone seven major changes

From owning the first taxi to 2018, our city’s taxi market has undergone seven major transformations.

In 1996, Xiangyang City began to implement macro-control on the total number of taxis in the urban area, and implemented the paid use of taxi management rights. In that year, taxis were uniformly replaced with "T" license plates and installed taxi headlights. In 2001, the "T" license plate number segment for urban taxis was uniformly replaced with the "X" license plate segment. There are more than ten types of taxi models such as Alto, Van, and Fukang, and the freight rates are also different.

In 2003, after the original Xiangyang County was removed from the county and set up as a district, the Xiangyang Municipal Government brought the taxis in the original Xiangyang District into the unified management of Xiangyang City. With the approval of the provincial government, Xiangyang City increased the number of taxis by 180, bringing the total to 1,700. In the same year, the municipal government decided to phase out the taxis in three years and replace them all with Fukang cars. On July 6, 2005, the last yellow-faced taxis in Xiangyang City were withdrawn from the market, and all urban taxis were Fukang models. Since August 2008, urban taxis have been gradually replaced by Elysee models.

Since 2006, in response to the impact of rising oil prices on the taxi industry, the Municipal Passenger Management Office has negotiated with the public security vehicle management, price, technical supervision and other departments, and decided to convert the fuel to gas for taxis in the city. In December 2007, the oil-to-gas conversion of taxis in Xiangyang City was completed.

In July 2013, the municipal party committee and municipal government licensed the operation rights of 500 new taxis to the municipal public transportation company, pioneering a new road of "zero docking, zero contracting, zero shift fee, and zero part money" and "public bus" in the country.

In July 2016, according to the "Guiding Opinions of the General Office of the State Council on Deepening Reform and Promoting the Healthy Development of the Taxi Industry", the city started to deepen the reform of the taxi industry. In August of the same year, urban taxis stopped collecting paid transfer fees for operating rights, and cruise taxis officially entered the stage of free use of operating rights. At the same time, the legalization of online car-hailing was quickly started. After a year of preparation, the detailed rules for the implementation of online car-hailing have been revised more than ten times and were officially announced and implemented on December 7, 2017.

On January 26, 2018, our city issued the first online car-booking business license. On March 20, 2018, the first legal online car-hailing car officially went into operation. On September 25, 2018, Xiangyang’s local online car-hailing platform "Xiangyang Travel" APP was officially launched, and Xiangyang’s taxi industry officially entered the era of "cruise + online appointment".

In October 2018, the municipal transportation department integrated the original 23 intensive management companies into three modern cruise car companies with a certain scale, further clarifying the ownership of vehicle property rights, operating rights, and company intensive management rights, and resolving industry contradictions.

Outlook

"Internet + transportation" will bring more convenience

Taxi cars have been available in our city for 39 years.

Over the past 39 years, the urban taxi industry has continued to develop through reform. Today, there are 2,200 urban cruise taxis, 4 cruise taxi companies, about 5,000 employees, a daily operating mileage of 400 kilometers for bicycles, a daily operating income of about 600 yuan, and a daily passenger volume of about 200,000. There are 15 online ride-hailing platform companies, 688 online ride-hailing cars, and nearly 6,000 drivers have applied for online ride-hailing driver licenses.

With the deepening of reform, the operating environment of taxis will continue to improve. The rapid development of "Internet + transportation" will bring more convenience to citizens’ travel.

Witnesses say

Continuously enhance the citizen’s ride experience

In December 1989, at the age of 19, Yang Yongjun joined the Municipal Passenger Transport Management Office, which was established that year, and has been a law enforcement officer for 30 years. "There were only eight people in the entire Passenger Transport Management Office at that time. Now, there are more than 30 people in our three management offices alone," Yang Yongjun said.

Yang Yongjun introduced that Xiangyang’s first taxi company was Oriental Pearl Taxi Company, which was affiliated to the Oriental Chemical Plant and had 10 Alto; after that, Hubei Chemical Fiber Taxi Company and Light Boat Taxi Company entered the taxi market; later, Auto Trade Taxi Company appeared, and the yellow face entered the lives of Xiangyang people. "In the past, we mainly cracked down on illegal operation activities, but now we mainly regulate the business behavior of licensed taxis." Yang Yongjun said that with the development of society, people have more choices when traveling. As a passenger transportation management department, we must ensure that citizens who travel by taxi have a more comfortable and comfortable riding environment, and constantly improve the public’s riding experience.

(Photo courtesy of the Municipal Passenger Transport Administration)