Outlook ｜ New Demand Accelerate the Construction of a New Model of Real Estate Development

   　　To promote the virtuous circle and healthy development of the real estate industry, on the one hand, we must solve the risks exposed by the current real estate market and eat "reassurance" for housing enterprises and the market; On the other hand, accelerate the structural reform of the real estate supply side and guide the real estate industry to better adapt to market demand.

   　　China’s real estate market has changed from the total demand to the overall balance of supply and demand, and the regional structural contradictions are prominent. In the future, all kinds of potential risks faced by the real estate market have increased significantly, and the challenges faced by the current real estate development model are very severe. It is urgent to explore and establish a new development model.

    Text | "Outlook" Newsweek reporter Zheng Juntian Zhou Kai

    Experts believe that after more than 20 years of rapid development, the real estate industry has fundamentally changed the situation of housing shortage, the living standard of residents has improved to a great extent, and the industry has entered a new stage of development. In the future, all regions and departments should further deepen the implementation of real estate policies, tap new demands, meet people’s yearning for a better life, and gradually establish a new model of real estate development to promote the stable, healthy and high-quality development of the real estate market.

    According to the "Basic Situation of the National Real Estate Market in 2023" previously released by the National Bureau of Statistics, in a single month, the sales area and sales amount of commercial housing in December 2023 increased by 42% and 39% respectively, and the national property market showed a "tail-up" market at the end of the year.

    Ding Zuyu, chairman of Kerui Group, believes that various favorable policies in the property market have played a supporting role in the real estate market. Judging from the transaction data of 30 key cities monitored by Kerui in December, the property market in key cities rose more and fell less than the previous month. For example, in cities such as Xi ‘an and Hangzhou, under the continuous fermentation of the New Deal in the property market and the concentration of high-quality supply, rigid and high-end improved demand concentrated in the market, prompting the winter market. The improvement projects in the central city of Suzhou, Ningbo, Jinan and other cities are obviously better than those in the periphery, and the transaction remains stable.

    At the end of August and the beginning of September last year, since four first-tier cities almost simultaneously announced the implementation of "recognizing houses but not loans", the efforts to loosen the regulation policies of the property market in various places have obviously increased and the pace has accelerated.

    According to incomplete statistics, up to now, most second-tier cities have completely canceled the purchase restriction, including Harbin, Shenyang, Dalian, Nanchang, Lanzhou, Nanjing, Jinan, Qingdao, Zhengzhou, Fuzhou, Hefei, Wuhan and Xiamen. Other cities have optimized their purchase restriction policies for local areas, such as Tianjin, Chengdu and Hangzhou.

    "Wuhan, Zhengzhou, Xi’ an and other cities have achieved significant volume transactions, all hitting new highs in the second half of last year because of the full release of improved demand." Ding Zuyu analysis.

    China Index Academy released a report saying that resolving real estate risks is still the main policy line in 2024, and the pace of "three major projects" is expected to accelerate. At present, the central government has made clear the direction of real estate policy, that is, stabilizing the real estate market and building a new model of real estate development. In 2024, local policies will continue to be optimized and adjusted. Beijing and Shanghai will reduce the down payment and loan interest rates and optimize the standard for the identification of ordinary houses, which will promote the expected restoration of the real estate market.

    According to the report, in December 2023, the sales scale of new residential buildings in key 100 cities showed a "tail-jumping" market, and the sales area increased by nearly 20% month-on-month. However, the pace of real estate market repair in 2024 still depends on whether buyers’ expectations for home ownership can be improved, and there is still some adjustment pressure in the short-term new housing market.

    Industry insiders and interviewed experts generally believe that to promote the virtuous circle and healthy development of the real estate industry, on the one hand, we must solve the risks exposed by the current real estate market and eat a "reassuring" for housing enterprises and the market; On the other hand, accelerate the structural reform of the real estate supply side and guide the real estate industry to better adapt to market demand.

    —— Continue to promote the "Baojiaolou" and support housing enterprises to tide over the crisis through classified policies.

    Cao Zhounan, chairman of the Blue-Green Twin Cities Group, and other industry insiders suggested that banks should be encouraged to reasonably extend the loan contract period according to the situation of project sales for normal and qualified project loans of private housing enterprises; We can explore the establishment of a real estate stable development fund, give low-interest loans to private housing enterprises that strive to ensure delivery and regular operation, and replace short-term loans due.

    -explore multi-channel support for real estate enterprises in danger to resolve risks.

    Industry insiders suggest that financial institutions holding domestic and foreign bonds of real estate enterprises should be explored to carry out debt-to-equity swaps and promote debt restructuring of high-quality real estate enterprises; Or, policy banks and state-owned capital will invest in high-quality housing enterprises in stages in the form of "last in, first out" preferred shares, inject incremental funds, and then withdraw from the equity after the business operation improves. In terms of legal procedures such as judicial reorganization, we will provide more legal support and convenience for housing enterprises according to the actual situation.

    -accelerating the structural reform of the supply side of real estate.

    At present, a series of new systems are being explored, and the central government is establishing a new linkage mechanism of "people, housing, land and money", and studying the establishment of three systems of housing physical examination, pension and insurance, as well as the establishment of urban design management system.

    The insiders suggest that in the supply of housing products, the land transfer index should be determined according to the real needs of cities, and a "people-land" linkage mechanism should be established to match the population inflow with the increase and decrease of land supply. Cities with large population inflow and rapid economic growth should moderately adjust the land supply, and achieve the total red line of cultivated land through inter-provincial adjustment and occupation and compensation balance.

    -lay a solid foundation for the "three major projects".

    The "three major projects", such as the construction of affordable housing, the construction of public infrastructure for both ordinary and emergency use, and the transformation of villages in cities, are being promoted. By the end of November, 2023, there were 406 renovation projects of villages in cities nationwide, with an estimated total investment of 1.8 trillion yuan. A new round of affordable housing planning and construction has been launched, and a number of projects have been started in Shanghai, Jinan, Qingdao, Fuzhou and Changsha.

Xu Juntu/This Journal

    At present, the situation and logic of China’s real estate market have undergone major changes.

    Yan Rong, president of Shanghai Real Estate Research Institute, believes that with the development stage and changes in the market environment, China’s real estate market has shifted from short supply to a new stage of overall balance of supply and demand and prominent regional structural contradictions. The current real estate needs to explore and establish a new development model.

    According to the insiders, China’s housing has bid farewell to the era of shortage, and a new industrial development cycle needs to be established to realize the rebalancing of the real estate market.

    Continue to tap the potential housing demand of migrant workers. Li Yujia, deputy director of Guangdong Housing Policy Research Center, said that with the steady progress of urbanization in China, the number of new citizens and migrants will gradually increase, and the scale of middle-income groups will further expand, and there is still potential to increase the supply of public services for their housing and life. Zhu Haibin, chief economist of JPMorgan Chase China, said that if the potential demand of migrant workers and their families is to be transformed into actual demand, it is necessary to strengthen the "multi-channel supply" of housing, such as affordable housing and rental housing. In addition, the further deepening of rural land system reform will also form new growth momentum.

    Excavate the needs of urban village reconstruction and old reconstruction. Lu Zhengwei, chief economist of Industrial Bank, believes that the period of large-scale housing construction has passed, but China can still tap the stock market, stimulate investment and take into account the improvement of people’s livelihood. Chen Jie, director of the Housing and Urban-Rural Construction Research Center of Shanghai Jiaotong University, said that the stock of urban housing in China has now exceeded 30 billion square meters, and it is increasing at a rate of 800 million to 1 billion square meters per year. In the medium and long term, at least 450-500 million square meters of houses need to be built to replace the old and dangerous houses to be demolished even if the depreciation rate is 1.5% of the stock every year.

    Excavate improved demand. Li Yujia believes that at present, residents have a strong desire to improve their living conditions, and the housing market still has potential. The quality of existing housing in some first-and second-tier cities is not high, and there is great potential for improvement. Chen Jie also believes that once the market launches suitable products, the potential for purchasing houses will be gradually released, and all localities should continue to introduce restrictive policies for unbundling housing to stabilize market expectations.

    Ni Hong, Minister of Housing and Urban-Rural Development, said earlier: "Under the new model, real estate enterprises should have a clear understanding. Now they should strive for high quality, new technology and good service. Whoever can build a good house for the masses and provide good service for the masses will have a market and development."

    In Ni Hong’s view, the standard of a good house is green, low-carbon, intelligent and safe, so that people can live healthily, use it conveniently, with low cost and peace of mind.

    Ding Zuyu and other experts believe that the regulatory level should encourage development enterprises to design better housing products; At the same time, we should optimize the operation mode of the real estate industry, pay more attention to the stock market, completely abandon the business mode of "high debt, high leverage and high turnover", encourage housing enterprises to improve their stock operation ability and accelerate the construction of a new model of real estate development.■

Notice of the General Office of the National Health and Wellness Commission on Printing and Distributing the Basic Standards for Clinics in the Pilot Areas of Clinic Reform (Revised Edition in 2019)

Notice of the General Office of the National Health and Wellness Commission on Printing and Distributing the Basic Standards for Clinics in the Pilot Areas of Clinic Reform (Revised Edition in 2019)
Guo Wei Ban Yi Han [2019] No.802

Health and Wellness Committees of Beijing, Liaoning, Shanghai, Jiangsu, Zhejiang, Hubei, Guangdong, Sichuan and Shaanxi:

According to the requirements of "Opinions on Promoting the Development of Clinics" (Guo Wei Yi Fa [2019] No.39), our Committee organized and formulated the Basic Standards for Clinics in Pilot Areas of Clinic Reform (revised in 2019) (hereinafter referred to as the Basic Standards for Clinics in Pilot Areas, which can be downloaded from the website of the National Health and Wellness Commission). Is issued to you, please follow, and notify the relevant matters as follows:

First, the "Basic Standards for Clinics in Pilot Areas" is only used in 10 pilot cities of clinic reform, such as Beijing, Shanghai, Shenyang, Nanjing, Hangzhou, Wuhan, Guangzhou, Shenzhen, Chengdu and Xi ‘an, and will be promoted nationwide in due course according to the operating experience of the pilot cities.

Two, in the process of the implementation of the pilot reform of the clinic, the health administrative departments of the pilot cities shall, in accordance with the "Basic Standards for Clinics in Pilot Areas", review the clinics applying for filing, and issue the "Practice License for Medical Institutions" to meet the conditions.

Three, the health administrative departments of the pilot cities should strengthen the supervision and management of clinics, found that does not meet the "basic standards of clinics in pilot areas" to make rectification within a time limit, rectification is not implemented, the registration authority shall cancel the "practice license of medical institutions".

Attachment: Basic Standards for Clinics in Pilot Areas of Clinic Reform (revised in 2019)

General Office of National Health and Wellness Commission
October 30, 2019

(Information disclosure form: voluntary disclosure)

New Year’s Eve： Traveling thousands of miles, just for this moment of reunion.

Happy new year’s eve

SPRING

FESTIVAL

New Year’s Eve is the last day of the China lunar calendar every year, and it is a day to get rid of the old and get new, and to have a family reunion. "divide" means to divide the old with the new, that is, to alternate; "Evening" originally means "sunset" and is extended to "night". "New Year’s Eve" means that the old year will be removed this evening, and the new year will be replaced tomorrow.

In Chinese’s mind, New Year’s Eve, as the most important day of the year, is celebrated by every household, welcoming relatives and friends and reuniting together.

Origin and custom of New Year’s Eve

"New Year’s Eve" originated from "banishment" in the pre-Qin period. At the end of each year in the Zhou and Qin dynasties, a ceremony of "exorcising" was held in the palace to beat drums to drive away the ghosts of plague, which was called "expelling". According to "Lu Chunqiu Ji Dong Ji", on the day before the New Year, the ancients beat drums to drive away the "ghost of epidemic disease". This is the origin of "New Year’s Eve". The earliest mention of the name "New Year’s Eve" is the book "Local Scenery" written by Zhou Chu in the Western Jin Dynasty.

The custom of New Year’s Eve is related to the legend of Nian. According to legend, in ancient times, there was a fierce beast called Nian. It is ferocious in appearance, ferocious in nature, and feeds on all kinds of animals. Nian haunts after dark and returns at dawn. At the end of each year, Nian will break into villages where people live in concentrated communities and hunt people and livestock, which makes people talk about Nian’s color change. People calculated the day when "Nian" was raging, and regarded this terrible night as a gateway, which was called "Nian Guan". After struggling with Nian for many years, people found that this beast was afraid of three things, red color, fire and noise. So on this day, people hung red mahogany boards on their doors, lit fires at the door, lit candles or oil lamps, and the whole family ate the "New Year’s Eve" together, staying up all night, knocking and beating, hoping to spend the "Year’s Eve" safely.

"Nian" broke into the village, saw every family with red and fire, heard the deafening noise, and ran back to the mountains in fear. As the night passed, people congratulated each other and celebrated the victory. At this time in winter, every family will stick red paper couplets on their doors, light lanterns, beat gongs and drums and set off firecrackers and fireworks. At night, vigil all night; The next day, I congratulated each other early in the morning. This has been handed down from generation to generation, and it has become a "New Year".

These customs have been passed down from generation to generation and become what we see today:

paste up Spring Festival couplets

The Spring Festival couplets originated from ancient peach symbols, and Ying Shao’s Customs and General Meaning and Zong Gu’s Chronicle of Jingchu’s Years are all loaded with peach symbols on New Year’s Eve. In the Song Dynasty, it was a common folk custom to hang peach symbols in the New Year. "Tokyo Dream of China Record" contains: "In recent years, the door gods, Zhong Kui, peach boards and peach symbols are printed and sold in the streets." Writing poems on Taofu, the legend began in Meng Chang of Shu after the Five Dynasties. The couplet he wrote, "New Year’s Eve in Qing Yu, Jiajie Day in Changchun", became the origin of Spring Festival couplets. Since the Ming Dynasty, people began to write couplets in red paper and post them on the portal on New Year’s Eve, completing the evolution from peach symbols to Spring Festival couplets, which were mainly used to express their aspirations, feelings and wishes, and became a popular New Year symbol with the function of welcoming auspicious and festive atmosphere of Naji.

stay up late or all night on New Year’s Eve

The ancients said that New Year’s Eve was "a night of double years, and even two years". Keeping the New Year’s Eve is one of the most important activities. Watching the New Year is the custom of staying up late to welcome the new year without sleeping on the last night of the old year, which is also called "endure the new year". The custom of observing the old age has a long history. The local customs in the Western Jin Dynasty said: "On New Year’s Eve, Da Dan didn’t sleep, which is called observing the old age." Keeping the old year, nostalgic for the old year and welcoming the new year, not only have nostalgia for the years that have passed away like water, but also have a good hope for the coming new year.

Eat new year’s eve dinner

As the highlight of New Year’s Eve, every household should prepare a sumptuous New Year’s Eve dinner, which symbolizes reunion, condenses the family’s affection and contains a unique taste of a family, also known as "reunion dinner" and "family fun". In the deep heart of Chinese, everyone has a table of family reunion dinner. On New Year’s Eve, northerners make jiaozi and southerners make rice cakes. Dumplings are shaped like "Yuanbao" and rice cakes sound like "Niangao", which are good signs of good luck. Because "fish" is homophonic with "Yu" and symbolizes auspiciousness, "no fish will make a meal", and on New Year’s Eve, the dish of fish can’t be finished, which means that there is more than enough every year.

Squeeze the age

When guarding the old age, the elders also give the younger generation lucky money. "Old" and "precious" are homophonic, and elders hope that lucky money can drive away evil spirits and avoid disasters, and bless children to grow up safely and healthily. The earliest "lucky money" appeared in the Han Dynasty, called "winning money". This kind of coin is not used for circulation, but a coin-shaped ornament for viewing and wearing. Auspicious words are generally cast on the front of "Winning Money", such as "Peace in the Four Seasons", "Good Travel" and "Happy Family". On the back, there are various patterns of folk auspicious animals and birds, such as dragon and phoenix, tortoise and snake, Pisces, sword fighting, stars, bats and deer. During the Spring Festival in the Song and Yuan Dynasties, elders would give children some copper coins to play with, in order to be safe and auspicious. This custom has always been popular. It was only in the Ming and Qing Dynasties that "lucky money" got its official name. Like Yu Pei, "lucky money" was worn as an ornament to ward off evil spirits and keep peace. In the Republic of China, the function of "lucky money" accessories to ward off evil spirits officially withdrew from the historical stage and was replaced by real money.

make dumplings

The most popular Spring Festival food in the north is jiaozi. Before the Song Dynasty, jiaozi was called a "corner" or a "water corner"; The name of "flat food" began in the Yuan Dynasty. Since the Ming and Qing Dynasties, the word "jiaozi" has been widely used. "jiaozi" is homophonic "Jiaozi", which means Jiaozi, symbolizing the arrival of the Spring Festival. On New Year’s Eve, when jiaozi is wrapped, people begin to cook jiaozi, making it the first meal of the New Year, also known as "jiaozi in the first day", which means "alternating the old with the new and making friends at a younger age".

New year’s eve poetry

Shou sui

Song Sushi

If you want to know how old you are, there are snakes that go to the valley.

The scaling is half gone, so who can cover it?

The situation wants to tie its tail, although it is diligent and helpless.

Children are forced not to sleep, and they are happy at night.

Don’t sing the morning chicken, but you are more afraid of adding trouble.

After sitting for a long time, the lights fell and I looked at the big dipper.

There will be no year next year, and my worries will be wasted.

Try your best to make it this evening, and the teenager can still boast.

Yuanri

Song Wang Anshi

The roar of firecrackers, the old one year has passed; The warm spring breeze came to the new year, and people drank happily the newly brewed tu su wine.

The rising sun sheds light on doors of each household, New peachwood charm is put up to replace the old.

Snow removal at night

Song luyou

At the beginning of the fourth day, the north wind brought a heavy snow; The auspicious snow that god has given us comes on new year’s eve, and signs a good harvest in the coming year.

Filled with half a cup of wine in the cup still before time to raise celebration, I still in the lamp with grass font to write to write the spring festival taofu.

Jia Yin’s Miscellaneous Books for the Night (Part III)

Ming Wen Zhiming

When people are busy on New Year’s Eve, I choose old poems by myself.

Mo Xiao scholar is too pedantic, and a year’s work is a literary word.

First trial: Xu Mengxian

Final review: Huang Xiaoru

Original title: "New Year’s Eve: Traveling thousands of miles, only for this moment of reunion"

Read the original text

Ministry of Housing and Urban-Rural Development： Promote the transformation and upgrading of the construction industry and high-quality development, and continue to build the ＂Made in China＂ brand.

　　CCTV News:On September 14th, the Propaganda Department of the CPC Central Committee held a series of press conferences on the theme of "Ten Years in China". Jiang Wanrong, Vice Minister of Housing and Urban-Rural Development, introduced the high-quality development measures and achievements of housing and urban-rural construction in the new era and answered questions from reporters. Li Rusheng, chief engineer of the Ministry of Housing and Urban-Rural Development, said at the press conference that the pace of "going out" in the construction industry has also accelerated in the past decade. International competitiveness has been significantly enhanced, and foreign project contracting has spread to more than 190 countries and regions around the world. Since 2013, the turnover of foreign contracted projects and the amount of newly signed contracts have generally maintained a sustained growth trend. In 2021, 79 enterprises were selected into the list of the world’s largest 250 international contractors, and the number of enterprises and the proportion of business have been ranked first in the world since 2014. In the next step, we will further deepen the reform of the construction industry, adhere to the drive of innovation and the guidance of science and technology, promote the transformation, upgrading and high-quality development of the construction industry, continue to build the "Made in China" brand, and make greater contributions to the sustained and healthy development of the economy and society.

Long four, three, one arrow and two stars were successfully launched, and Shanghai landmark buildings appeared on the arrow body.

　　The Long March 4 C-Yao 51 carrier rocket ignited and lifted off at Taiyuan Satellite Launch Center. Photo courtesy of photochina Aerospace Science and Technology Group

　　At 6: 41 on March 10, 2023, the Long March-4 C-51 carrier rocket blasted off from Taiyuan Satellite Launch Center, and successfully put Tianhui-6 A/B star into the scheduled orbit with one arrow and two stars. The launch mission was a complete success.

　　The Paper reporter learned from the Eighth Academy of China Aerospace Science and Technology Corporation that the Long March 4 C carrier rocket carrying out this launch mission is a three-stage liquid carrier rocket at room temperature developed by the Eighth Academy. According to different types of satellites, the Long March 4 rocket can adopt flexible launch schemes, and has the ability to launch various types of satellites with different orbital requirements. It can launch one arrow, one satellite or multiple satellites, and its solar synchronous circular orbit carrying capacity can reach 3 tons (orbital height is 700 kilometers). The satellite launched this time was developed by Dongfanghong Satellite Co., Ltd., which belongs to the Fifth Academy.

　　Transshipment of canopy assembly

　　This launch is the first launch mission in the field of transportation in the Eighth Hospital after the Spring Festival, and it is also the first flight of Chang-4 model with attitude control and full redundancy design. In order to complete the task under the current high-density launch situation with higher quality and efficiency, Chang-4 model upgraded the attitude control engine products from the aspects of manufacturability, reliability and safety, and at the same time realized the redundancy of three-channel attitude control actuators in the nonlinear section, and the reliability was further improved.

　　Taiyuan in March is experiencing a late spring cold, and the lowest temperature once reached -21℃. With the strong cooperation of the launch site, the model test team has done a good job in thermal insulation measures for the arrow body and staff by sealing the bottom tower, increasing the air supply temperature, and sticking thermal insulation layers on the fairing and transition cabin.

　　For the first time, the model characteristic logo was published on the body of this rocket. One horizontal arrow is a landmark building in Shanghai, representing the birthplace of the rocket.

　　It is worth mentioning that the model characteristic logo is also disclosed for the first time on the arrow body of this invention, and the Arabic numeral "4" full of design sense shows the unique imprint of this gold medal rocket. Among them, yiheng is a landmark building in Shanghai, representing the birthplace of rockets; A vertical outline of the shape of the Changsi rocket; The two are connected by a beautiful three-stage trajectory of the Changsi rocket, which represents the characteristics of the model three-stage rocket; The two stars represent the honor that Changsi model won the national special prize for scientific and technological progress twice.

　　This launch is the 97th launch of cz-4, the 183rd launch of the Long March series of launch vehicles developed by the Eighth Academy, and the 465th launch of the Long March series of launch vehicles.

In the first quarter, the national real estate development investment was 2,380.3 billion yuan, up 11.8% year-on-year.

　　BEIJING, April 17 (Xinhua) According to the website of the National Bureau of Statistics, the National Bureau of Statistics announced today the investment and sales of real estate development in China from January to March 2019.

　　Completion of investment in real estate development

　　From January to March 2019, the national investment in real estate development was 2,380.3 billion yuan, up 11.8% year-on-year, and the growth rate was 0.2 percentage points higher than that in January and February. Among them, residential investment was 1,725.6 billion yuan, an increase of 17.3%, and the growth rate dropped by 0.7 percentage points. The proportion of residential investment in real estate development investment is 72.5%.

　　From January to March, the investment in real estate development in the eastern region was 1,354 billion yuan, up 10.3% year-on-year, and the growth rate dropped by 0.6 percentage points compared with that in January and February. The investment in the central region was 481.6 billion yuan, an increase of 8.4%, and the growth rate dropped by 0.4 percentage points; The investment in the western region was 490.1 billion yuan, an increase of 18.9%, and the growth rate increased by 2.1 percentage points; The investment in Northeast China was 54.7 billion yuan, an increase of 21.8%, and the growth rate increased by 10.9 percentage points.

　　From January to March, the housing construction area of real estate development enterprises was 6,994.44 million square meters, up 8.2% year-on-year, and the growth rate was 1.4 percentage points higher than that in January and February. Among them, the residential construction area was 4,845.6 million square meters, an increase of 9.7%. The newly started housing area was 387.28 million square meters, an increase of 11.9%, and the growth rate increased by 5.9 percentage points. Among them, the newly started residential area was 284.67 million square meters, an increase of 11.5%. The completed housing area was 184.74 million square meters, down by 10.8%, and the decline rate narrowed by 1.1 percentage points. Among them, the completed residential area was 130.43 million square meters, down by 8.1%.

　　From January to March, the land acquisition area of real estate development enterprises was 25.43 million square meters, down 33.1% year-on-year, and the decline rate was 1 percentage point narrower than that in January and February; The land transaction price was 119.4 billion yuan, down by 27.0%, and the decline rate increased by 13.9 percentage points.

　　Sales and sale of commercial housing

　　From January to March, the sales area of commercial housing was 298.29 million square meters, down 0.9% year-on-year, and the decline rate was 2.7 percentage points narrower than that in January and February. Among them, residential sales area decreased by 0.6%, office sales area decreased by 11.1%, and commercial sales area decreased by 6.9%. The sales volume of commercial housing was 2,703.9 billion yuan, up by 5.6%, and the growth rate increased by 2.8 percentage points. Among them, residential sales increased by 7.5%, office sales decreased by 13.0%, and business sales decreased by 2.6%.

　　From January to March, the sales area of commercial housing in the eastern region was 116.36 million square meters, down 6.8% year-on-year, and the decline rate was 2.9 percentage points narrower than that in January and February. Sales reached 1,428 billion yuan, up by 1.1%, and decreased by 1.2% in January and February. The sales area of commercial housing in the central region was 84.96 million square meters, up by 2.8%, and decreased by 0.6% in January and February. Sales reached 589.7 billion yuan, up by 10.9%, and the growth rate increased by 4.3 percentage points. The sales area of commercial housing in the western region was 87.36 million square meters, an increase of 4.3%, and the growth rate increased by 2.1 percentage points; Sales reached 609.3 billion yuan, up by 12.2%, and the growth rate increased by 2 percentage points. The sales area of commercial housing in Northeast China was 9.6 million square meters, up by 0.3%, and decreased by 4.8 percentage points in January and February. Sales reached 76.8 billion yuan, up by 6.3%, and decreased by 2.4% in January and February.

　　At the end of March, the area of commercial housing for sale was 516.46 million square meters, a decrease of 6.05 million square meters compared with the end of February. Among them, the area for sale of residential buildings decreased by 5.31 million square meters, the area for sale of office buildings decreased by 470,000 square meters, and the area for sale of commercial buildings increased by 210,000 square meters.

　　Real estate development enterprises in place funds.

　　From January to March, the funds put in place by real estate development enterprises were 3,894.8 billion yuan, up 5.9% year-on-year, and the growth rate was 3.8 percentage points higher than that in January and February. Among them, domestic loans were 713.4 billion yuan, an increase of 2.5%; The utilization of foreign capital was 3.3 billion yuan, an increase of 1.1 times; Self-raised funds were 1,179.5 billion yuan, an increase of 3.0%; Deposits and advance receipts were 1,230.3 billion yuan, up by 10.5%; Personal mortgage loans reached 564.5 billion yuan, an increase of 9.4%.

　　In March, the real estate development boom index (referred to as "national housing boom index") was 100.78, 0.21 points higher than that in February.

Is this neighboring country going to ＂change its face＂ towards China？ The truth is far from simple …

　　Reference News Network reported on May 29 (Text/Liu Tong Rui Sike)The old horse finally made a move, and even burned two fires.

　　According to Singapore’s Lianhe Zaobao on the 28th, newly elected Malaysian Prime Minister Mahathir confirmed on the same day that the Malaysian government had decided to terminate the high-speed rail plan from Kuala Lumpur to Singapore.

　　A few days ago, Mahathir just announced that he would reassess the East Coast Railway Project.

Mahathir

　　Coincidentally, these two projects led by the former Malaysian government have one thing in common — — Are related to enterprises in China:

　　The East Coast Railway Project was undertaken by China Jiaojian, with loans mainly provided by The Export-Import Bank of China. One of the strong bidders for Xinlong High-speed Railway is also from China.

　　As a result, this "coincidence" has become a new "evidence" for some foreign media to speculate on "Malaysia’s China policy turn" in recent days.

　　But is this really the case?

　　I believe that after reading this tweet, you will have your own answer.

　　The Malaysian political situation has changed, and the China project has been "lying down"

　　"This is the final decision." At the press conference held on the 28th to announce the decision to terminate the Xinlong high-speed rail project, Mahathir said categorically.

　　The reason he gave was that the project "can’t bring us a penny of income".

Mahathir at the press conference

　　Lianhe Zaobao said that Singapore and Malaysia signed a bilateral agreement on Xinlong high-speed rail in Kuala Lumpur on December 13, 2016. If Malaysia defaults, it must pay a huge sum of money.

　　As the name implies, the Xinlong high-speed railway will connect Singapore with Kuala Lumpur, Malaysia, with a total length of 350 kilometers. Before being stopped, the project bidding has not yet ended. If it is completed, it will only take 1 hour and 30 minutes for passengers to travel between Kuala Lumpur and Singapore by high-speed train.

　　Although the specific cost amount of Xinlong High-speed Railway has never been disclosed, Bloomberg pointed out in a report on the 28th that Mahathir claimed to stop the project to avoid "bankruptcy" of the country because of too much investment and too little income.

　　It is reported that Mahathir said that he would renegotiate the East Coast Railway Project with China for the same reason.

Bloomberg report screenshot

　　As the largest project currently under construction in Malaysia, the East Coast Railway Project has a total length of 688 kilometers and a cost of 13.8 billion US dollars. It crosses the Malay Peninsula and connects Kuala Lumpur with Kelantan in the north. The groundbreaking ceremony of the project was held in August last year, and the construction period is expected to be from 2017 to 2024.

　　Reuters quoted Mahathir as saying that Malaysia is expected to reduce nearly one-fifth of its $250 billion national debt and debt by canceling large-scale projects.

　　At the same time, foreign media pointed out that Mahathir’s move was directed at former Prime Minister Najib — — After being sworn in, Mahathir immediately ordered a re-investigation of Najib’s "one horse case". Previously, Najib was accused of misappropriating funds from Yima Company.

　　According to the analysis of Nikkei Chinese Network on 16th, Mahathir’s background of accelerating the investigation of Najib’s responsibility is that he hopes to maintain people’s expectations of the new regime by quickly responding to the corruption problem with strong national dissatisfaction, so as to push the regime operation onto the track.

　　However, whether it is to reduce the national debt or to start the first shot of anti-corruption, in the eyes of individual foreign media, these reasons do not seem important.

　　As reported by CNBC on May 10th, USA, it was very definitely announced that the Malaysian election results were shocking and the China project would be affected.

　　The report also quoted a Japanese economist as saying that it was "not surprising" that the China project was affected.

Concept map of Xinlong high-speed railway station

　　Yesterday, Mahathir’s latest statement made foreign media once again speculate on the fate of the China project.

　　Even the Xinlong High-speed Railway, whose bidding has not yet ended, has been directly classified as "China Project".

　　"Mahathir stopped the high-speed rail plan and the impact involved China." The Nikkei Chinese website reported on this topic on the 29th. You know, Japan was one of the most promising countries to win the bid for the Xinlong high-speed railway.

　　Compared with the anxiety of Japan and Singapore, Mahathir’s position on China is very clear — —

　　While foreign media have expressed concern about the situation of China project in Malaysia and even the relationship between China and Malaysia, in fact, the situation of the other two countries may be more worthy of "concern".

　　They are the other two protagonists in the Xinlong high-speed rail project — — Singapore and Japan.

　　The website of Japan Times reported on the 29th that Mahathir’s decision shocked the Singapore government, and Singapore was observing the impact of Mahathir’s return to politics on the country.

《Screenshot of the website report of Japan Times

　　In order to win the Xinlong high-speed rail project, Japan has been working hard for several years. Not only did 10 companies form an enterprise alliance to bid, but the Japanese government-enterprise joint venture fund "Overseas Transportation and Urban Development Support Agency" also provided support. Once the project is terminated, the impact on Japan can be imagined.

　　Compared with the "uncertainty" faced by Singapore and Japan after Mahathir took office, Mahathir’s recent statements to China seem to be much clearer.

　　After being sworn in on May 10th, Mahathir immediately sent the clearest signal about China policy, saying that Kuala Lumpur would continue to consolidate friendly relations with Beijing and support the Belt and Road Initiative.

　　On 24th, Mahathir met with China’s Ambassador to Malaysia during the day, and said that welcomes Malaysian enterprises to invest in Malaysia, so as to push forward the cooperation between the two countries, and expressed the expectation of visiting China again.

On the morning of May 24th, Mahathir met with the daytime ambassador.

　　According to the analysis of this meeting, the website of Nihon Keizai Shimbun believes that Mahathir has adjusted his attitude towards specific projects in China based on various considerations, but this does not mean that Malaysia is prepared to cool its economic relations with China. Because "the Prime Minister has admitted that Beijing is too important".

　　At today’s (29th) afternoon press conference of the Ministry of Foreign Affairs, spokesperson Hua Chunying also answered Mahathir’s decision on the China project: We have noticed the statement made by the new Malaysian government on the Xinlong high-speed railway, and believe that Malaysia and Singapore can resolve it through consultation.

　　"As for the projects you mentioned that may have an impact on China’s interests, China has always carried out economic, trade and investment cooperation with other countries, including Malaysia, on the principle of mutual benefit and win-win cooperation. As friendly neighbors, China and Malaysia have always maintained close economic, trade and investment cooperation relations, which have brought tangible benefits to the two peoples. We are willing to continue to maintain close cooperation with Malaysia. " Hua Chunying said.

Hua Chunying

　　Malaysia "changed face"? Another country has given the answer — —

　　In fact, whether the China project in Malaysia and even China-Malaysia relations have "changed" this time may have been explained by the previous experience of a South Asian country.

　　It is Sri Lanka.

　　"In 2015, the Sri Lankan government changed. After the new government took office, a series of large projects were stopped or retried. Sri Lankan experience shows that this political change in Malaysia may affect China’s major projects in Malaysia. " In the report on the 24th, the American Fair Observer made a prediction with Sri Lanka as an example.

"Fair Observer" report screenshot

　　In fact, Mahathir himself has publicly mentioned Sri Lanka many times before and issued an appeal: "Don’t let Malaysia become the next Sri Lanka"!

　　But for those who have been resident in Sri Lanka,Sharp referenceAs far as journalists are concerned, Mahathir’s move may be a repetition of some unwise practices in the early days when the new Sri Lankan government took office in 2015.

　　XiaoruiI still clearly remember that after the new Sri Lankan government came to power in January 2015, a number of China projects were quickly stopped and re-examined on the grounds of safeguarding national interests, among which the port city project with China’s investment of US$ 1.4 billion in Sri Lanka attracted the most attention.

　　However, the following facts soon taught those who "enjoyed" the frustration of Sino-Sri Lankan relations a lesson: after many large projects were stopped, Sri Lanka’s economy was in trouble at an eye-catching speed, the unemployment rate increased, and the people’s lives were hard. The new government had to adjust its thinking again and seize the opportunity of China’s "Belt and Road Initiative". One year later, in March 2016, the port city re-signed the agreement and resumed construction.

On April 16, 2018, a sand dredger dredged and dredged the port city project in Colombo, Sri Lanka. Xinhua News Agency (Photo courtesy of China Harbor Colombo Port City Co., Ltd.)

　　At present,XiaoruiIt is learned that the port city project is in full swing, and the land reclamation has been completed for more than 2.2 million square meters. In addition, China and Sri Lanka have started to attract investment for the port city, and the development prospect of the project is very optimistic.

　　In addition, the performance of Hanport mentioned by Mahathir many times has improved only half a year after it was handed over to the Chinese side for operation. Even the Indian media, which has always been very critical of China’s projects in Sri Lanka, have to change their mouths and admit: "The port of Hambantota built in China is not useless."

Hambantota port

　　According to the Indian Citizen Network reported on May 26th, after the handover, Hangang attracted more and more cargo ships. The achievements of port management in the past year have been achieved in four months. As of April, 132 cargo ships have arrived at the port this year, compared with 202 last year.

　　"China is sincerely willing to help improve Sri Lanka’s economy. With their help, I have no doubt that Sri Lanka will become better in the near future." Malik Samarawickrama, Minister of International Trade of Sri Lanka, said this.

　　"There is no reason to worry about China-Malaysia relations because they need each other." Hong Kong’s "South China Morning Post" pointed out this in a report on the 28th.

　　According to the report, even though Mahathir Mohamud has sent contradictory signals about the future of the China project, the consensus on the value of the relationship between China and Malaysia has come to an end: the relationship between China and Malaysia does not need to be changed, and the development of Malaysia needs China’s investment and infrastructure construction, which is also an important part of the Belt and Road Initiative.

Hong Kong "South China Morning Post" report screenshot

　　And this afternoon, the person in charge of the Madong Railway Project also told me.XiaoruiThe Malaysian government has not stopped the East Coast Railway. "Other situations are being observed."

Hu Linjuan, former deputy mayor of Ningguo, Anhui Province, repented： I often dreamed of going home to see my mother during my investigation.

Hu Linjuan (data map)

Communist party News Network, Beijing, December 13 (Reporter Ethan) The website of Anhui Provincial Commission for Discipline Inspection recently published the confessions of Hu Linjuan, former vice mayor of Ningguo City. Hu Linjuan said in the confession, "On December 1, 2016, I was notified by Xuancheng Supervision Bureau to accept the investigation. When I first came, I vowed that I had no problems, but now it seems that I am not without problems, but there are many and serious violations of discipline. "

Hu Linjuan said that during the 20-odd nights under investigation, she often dreamed of going home to see her mother at night. Her old man said to me the most: "Girl, it is not easy for you to get to today’s leadership position. Don’t take other people’s things." Such a simple truth, until now, I suddenly realized that I failed to keep the bottom line, distorted my values, and slipped further and further on the wrong road.

The full text of the confession is as follows:

Resume:Hu Linjuan, female, born in January 1964, Han nationality, yi county, Anhui Province, holds a postgraduate degree. He joined the work in December 1982 and worked in Ningguo City (county) Taxation Bureau, Audit Bureau, Supervision Bureau and Finance Bureau successively. In January 2003, he served as member of the Standing Committee of Ningguo CPPCC and deputy director of Finance Bureau. In January 2007, he served as vice chairman of Ningguo CPPCC and deputy director of Finance Bureau. From September 2011 to December 2016, he served as deputy mayor of Ningguo Municipal Government (from June 2010 to March 2016) On December 15, 2016, he was removed from the post of deputy mayor of Ningguo Municipal Government.

Processing result:In July 2017, Hu Linjuan was dismissed from public office for violating political discipline, organizational discipline and relevant provisions of national laws and regulations. Her suspected crimes, clues and money involved have been transferred to judicial organs for legal treatment.

Confessions:

I was born in an intellectual family, and my parents are both teachers who teach by example. I am a non-party cadre, who has trained and educated me organizationally, trained me from a grass-roots general tax official to a leading cadre, and let me exercise in multiple departments and positions. In September, 2011, I took the leadership position of deputy mayor of Ningguo Municipal People’s Government, but I didn’t know how to cherish and care. Instead, I used my power for personal gain and regarded my leadership position as an "Shang Fang Sword" to seek personal interests. I ignored the care and concern of the party organization for a non-party cadre, failed the cultivation of the party organization, and failed the reuse of the party organization.

On December 1, 2016, I was informed by Xuancheng Supervision Bureau to accept the investigation. When I first came here, I vowed that I had no problems, but now it seems that I don’t have no problems, but there are many and serious violations of discipline. During the 20-odd days under investigation, with the patient guidance, help and education of the comrades of the investigation team, I reviewed the serious economic problems I had committed and reflected on why I had embarked on this serious violation of discipline. After carefully studying party constitution, the spirit of the series of important speeches by the Supreme Leader’s General Secretary, especially the important exposition on comprehensively and strictly administering the Party and the series of articles on learning, thinking and practicing enlightenment, I deeply reflect and carefully analyze my mistakes and their deep-seated reasons, mainly in the following aspects:

Ignore theoretical study and relax the transformation of world outlook

During the more than 20 days and nights under investigation, I repeatedly asked myself what was wrong and where did it come from? Why do you always think that you are honest, self-disciplined and fair, and you don’t realize that you are on the road to corruption step by step. When I think about it carefully, I usually don’t pay attention to learning and relax the transformation of the world outlook, which is an important source that causes me to violate the bottom line of being a man today and embark on the road of violating discipline and law. The study of political theory, neither into the brain nor into the heart, mostly to complete the "task" in a formal way, the world outlook has not been transformed, how can it not be an accident? I didn’t change my worldview with the change of my post and the aggravation of my power, and I didn’t restrain my mind according to the requirements of party constitution’s party rules. I couldn’t strictly demand myself by the standards of a leading cadre. I went in the wrong direction, and the result was to go astray. During the 20-odd nights under investigation, I often dreamed of going home to see my mother at night. Her old man said the most words to me: "Girl, it’s not easy for you to get to today’s leadership position. Don’t take other people’s things." Such a simple truth, until now, I suddenly realized that I failed to keep the bottom line and distorted my values, which made me slip further and further on the wrong road.

The concept of power is gradually distorted, and the awareness of discipline and rules is weak.

Lack of awe of power. Looking back, I went from being bent on doing things, to making mistakes while doing things, and until today, I seriously violated discipline. This is a process from quantitative change to qualitative change. I am greedy for money, lack of awe for power, and always swear that I am honest and clean, which is self-deception. The reason why I have come to this point today is that apart from not studying for a long time, I have no fear of organization and power, and I am used to this kind of corruption. I always feel that as long as I don’t take the initiative to find someone, the nature will not be so bad. At this moment, sitting here and seriously reflecting, I think I should completely put down my worries and strive for organizational leniency. The person who can save me is still myself.

Weak sense of discipline and rules. Since the 18th National Congress of the Communist Party of China, the CPC Central Committee has repeatedly applied for the strict implementation of the spirit of the eight central regulations as the "first shot" to improve the style of cadres, but I turned a deaf ear to this. During the Spring Festival from 2014 to 2016, the gift cards sent by the relevant units and individuals were not rejected. Discipline was not taken as a ruler, discipline and rules were not put in front, and the high standards and strict requirements of leading cadres were not used to measure their actions. On the other hand, the root cause of one’s behavior and mistakes lies in not putting the word "strict" in every word and deed, and forgetting the purpose requirement of "power for the people".

Avoidance of organizational supervision, weak organizational concept

As a leading cadre, I should have high standards and strict requirements for myself, and I should do everything I say and do according to the disciplinary requirements. I, on the other hand, failed to report the real estate when I declared my major personal matters, and did not declare the real estate that I settled in my son’s early years on the grounds that my son worked independently in other places. In August 2014, when the stock market was good, I put almost all my savings and investment income at home into the stock market. Because of the large amount of funds, I was worried about being supervised by the organization, so I borrowed other people’s accounts to trade stocks, which were not truthfully declared in the personal affairs of leading cadres. According to common sense, it is only necessary to explain the source of funds when trading stocks in my own account. In order to avoid organizational supervision, I intentionally borrow other people’s accounts to trade stocks. This behavior is not strict with myself, avoiding organizational supervision, and showing a weak organizational concept. It was not until I was investigated that I found that many things I had done in the past were violations of discipline and discipline. I sincerely repent to the organization and really touch the depths of my mind and soul.

Break the bottom line of honesty, and go against the wind and violate discipline

Looking back, it was a process of being paralyzed and corroded that I became familiar with those business executives and even had economic exchanges. On holidays, I accept money and goods from some business owners, always thinking that everyone is an old acquaintance, and I have helped them. People call again and again, which is also true. If they don’t accept it, they feel embarrassed. It is this confused idea that has caused me to break the bottom line of honesty and self-discipline again and again and touch the red line that I shouldn’t touch. In the face of the investigation, I sincerely repent and deeply realize the mistakes I made. I hope that the organization can help me, so as to learn from the past and save lives, and let me be reborn.

Ignore the violation of discipline and have the illusion of luck.

Since August 2016, cadres Cheng Jiabin and Wang Guosheng of Ningguo Finance Bureau and Liu Faming, member of the Standing Committee of Ningguo Municipal Committee and executive deputy mayor, have been investigated successively. During this period, I also wanted to confess my fault to the organization, but in the end it was luck that hurt me, as shown in the following:

Don’t treat your mistakes correctly, and make them worse. This time, in investigating the case of Ningguo, I always reported my luck, waited and watched, did not treat my disciplinary actions correctly, did not actively confess to the organization, and added mistakes, deleted the mobile phone numbers of those corporate bosses stored in my mobile phone, entrusted others to call and say hello, and used collusion to cover up my corruption. In the face of investigation, it is an instinct to protect myself with this skill, but now it seems that it is not only ineffective, but also makes my wrong behavior worse. It’s really shocking to be investigated this time and reflect on your mistakes. Originally, I always stressed that I was influenced by the market economy development environment and didn’t reflect on my own problems. As everyone knows, internal factors are the key, and flies will not bite seamless eggs after all. Don’t study at ordinary times, do things dirty, and love takes advantage of small things, which will cause this situation today. In the face of the integrity of the comrades in the investigation team, I suddenly became so small, powerless and vulnerable.

I don’t have the courage to confess my mistakes to the organization and miss the opportunity. As a matter of fact, the organization gave me an opportunity several months ago, but I was stubborn and lucky. I didn’t take the initiative to confess my disciplinary behavior with the organization, and I made repeated mistakes and missed the opportunity. During the investigation, the comrades of the investigation team tried their best to enlighten me, educate me and help me, with the aim of saving me. Now, when I think of my intestines, I have to regret it. I want to cry, and I think of my family, but it is even more difficult to sleep and regret it.

I deeply feel the organization’s good intentions towards comrades who made mistakes. Although I confessed my mistakes to the organization, the pain in my heart will always exist. I am a cadre who has been trained by the organization for many years. I want to be loyal to the party. I don’t think I have developed to an irreparable level. I hope the organization can give me a chance to correct it.

During the period under investigation, I stayed up all night, seriously reflecting on my mistakes, and gradually changed from the original regret and self-blame to finding my own problems, and looking for reasons from the depths of my heart, the more I reflected on the lessons, the deeper I learned. I sincerely thank the organization for its educational help and the comrades of the investigation team for enlightening me, which gave me a chance to pull back from the brink. I’m not heinous and irreversible. I hope the organization will give me a chance to be reborn, and I will definitely repent and turn over a new leaf. At the same time, I will also take the initiative to hand over all illegal gains and strive for leniency. Think about the training of the organization, I feel deeply guilty, I am really sorry for the organization! Ask yourself, I have grown up to this day, which step is not the care and training of the organization? I still have deep feelings for the organization, hoping to get leniency from the organization.

I have little time to take care of my family members who have worked for me for a long time. I feel guilty when I think about it. My elderly mother, my unmarried son, my caring husband, my warm home. Mom, my daughter is unfilial!

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Less than one month after the conclusion of the 19th National Congress, the "first tiger" was laid, and the anti-corruption struggle never stopped.

Holiday arrangement in 2024： The Spring Festival will be suspended for 8 days from February 10th to 17th.

　　CCTV News:According to the General Office of the State Council, with the approval of the State Council, we hereby notify you of the specific arrangements for the holidays of New Year’s Day, Spring Festival, Tomb-Sweeping Day, Labor Day, Dragon Boat Festival, Mid-Autumn Festival and National Day in 2024.　　

　　1. New Year’s Day: It is a holiday on January 1st, and it is even closed on weekends.

　　2. Spring Festival: 8 days’ holiday from February 10th to 17th. Go to work on February 4 (Sunday) and February 18 (Sunday). Encourage all units to implement the system of paid annual leave and arrange employees to rest on New Year’s Eve (February 9).

　　3. Tomb-Sweeping Day: We have a holiday from April 4th to 6th, lasting for 3 days. Go to work on Sunday, April 7.

　　4. Labor Day: May 1st to 5th, with 5 days’ holiday. Go to work on Sunday, April 28th and Saturday, May 11th.

　　5. Dragon Boat Festival: It is a holiday on June 10th, and even closed on weekends.

　　6. Mid-Autumn Festival: We will have a holiday from September 15th to 17th, lasting for 3 days. Go to work on Saturday, September 14th.

　　7. National Day: 7 days’ holiday from October 1 to 7. Work on September 29th (Sunday) and October 12th (Saturday).

Go to China! Four Indian pharmaceutical giants assembled to enter the 500 billion generic drug market.

Author Mao San

"Welcome China’s decision. It is only the beginning, and the road is still very long. " This is an excerpt from a reader’s comment in The Times of India, when China announced the cancellation of import tariffs on 28 kinds of medicines.

Let’s look at the British media writing in the article "China strives to lower drug prices, Indian pharmaceutical companies take advantage of the situation to come to China". "China has ambitiously launched drug procurement plans involving many cities to help reduce drug prices, which also opens up competitive opportunities for Indian drug manufacturers."

It is not difficult to find that with the gradual relaxation of national restrictions on imported drugs, especially after the introduction of the "4+7" procurement policy, India, known as the "world pharmaceutical factory", is eager to try the China market.

The bugle sounded and the army assembled. According to the data, since the "China-India Drug Regulatory Exchange Meeting" was held on June 21st, in less than two months, four Indian pharmaceutical giants have rushed to the China generic drug market.

One,Each has his own position and his own abacus.1. Sun Pharmaceutical: Expand its business in China in the next 6-9 months.

Sun Pharmaceutical Industries Ltd, the largest pharmaceutical factory in India and the fourth largest generic drug company in the world, took the lead in taking action.

On June 28th, Kang Zhe Pharmaceutical (CMS), through its wholly-owned subsidiary, signed a license agreement with Sun Pharmaceutical for Tildrakizumab and 0.09% cyclosporine A eye drops respectively. These two products are prescription drugs for psoriasis biotherapy and dry eye treatment respectively.It is also the first time that Sun Pharmaceutical has been allowed to enter the China market.

According to the agreement, Kang Zhe Pharmaceutical has obtained the exclusive license right to develop and commercialize the above two products in Greater China. The initial period of the agreement is 20 years from the first listing and sale of the products in the region, and can be renewed in an interval of three years after mutual consent.

According to the latest cooperation announcement, the cooperation between the two sides on generic products has covered 8 products.Covering a potential market of about $1 billion in Chinese mainland.Next, the two sides will further expand and deepen cooperation in the pharmaceutical market in China.

Founded in 1983 by Dilip Shanghvi, Sun Pharmaceutical is headquartered in Mumbai, Maharashtra, and has 30,000 employees worldwide. It is the largest chronic prescription drug company in India. Dilip Shanghvi once topped India’s rich list with a net worth of $22.5 billion and became the famous "king of generic drugs".

Today, Sun Pharmaceutical has produced more than 2,000 varieties and sold them in 150 markets around the world, covering the treatment of diseases in cardiovascular, psychiatric, digestive, respiratory and other fields.

This cooperation is regarded as an important breakthrough for Sun Pharmaceutical to enter the China market. "China has more than 65% of the generic drug market, and we will expand our business in China within 6-9 months," Dilip Shanghvi publicly stressed.This business will contribute "a certain proportion" to Sun Pharmaceutical’s total sales of $4 billion within three years., currently almost zero.

2. Sipura: once again put the China market into the planning map.

Followed by Cipla, India’s second-ranked generic drug manufacturer, its respiratory drugs ranked first in India.

On July 16th, Cipla, the European branch of Sipura, announced that it would set up a joint venture with Jiangsu Chuangnuo Pharmaceutical Co., Ltd. as a branch of Sipura in China to build a production base of inhalant products. According to the agreement,The two sides will jointly invest 30 million US dollars,Among them, Sipura European Branch holds 80% of the shares, and Jiangsu Chuangnuo Pharmaceutical holds 20%.

The two sides of this cooperation have deep roots. As early as 2004, Sipura and Shanghai Chuangnuo Pharmaceutical Group jointly established Jiangsu Xidi Pharmaceutical. It was not until 2014 that Sipura sold its shares and withdrew from the joint venture company. Jiangsu Xidi was later renamed Jiangsu Chuangnuo.

Sipura was founded in 1935 by Abdullah Hamid. Its truly world-famous event was in 2001. In that year, when anti-AIDS drugs were still monopolized by a few patent giants around the world, Sipura reduced its anti-AIDS drugs to $350 per person per year in Africa, less than $1 per day on average.

At present, Sipura’s business lines span respiratory, antiretroviral, urinary, heart and central nervous system fields, includingA number of well-known anticancer drugs including Iressa, Gleevec and Trocquer.The company has 44 production bases and more than 1,500 products all over the world, covering more than 80 countries.

With the second cooperation with Chuangnuode, Sipura once again put the China market into its own planning map. "This cooperation in building a factory in China means that we have taken another important step," said Umang Vohra, global CEO of Sipura. China is an important direction for its development and will continue to explore various ways to establish a product portfolio including cancer drugs and other products in the future.

3. Strides Limited: A sales team of over 4,000 people will be promoted in China.

On July 29th, Sihuan Pharmaceutical Holding Group announced the establishment of a joint venture company with Indian pharmaceutical company Strides Limited to enter the China market to engage in drug registration and sales.

In this cooperation, both parties hold 51% and 49% shares respectively. Strides Limited will exclusively authorize Sihuan Medicine to register, declare, commercialize and distribute four major products in China, and it will supply them to the joint venture company through its manufacturing plants in India and Singapore.

According to public information, Strides Limited was established in 1990 and headquartered in Bangalore, India. The company has been listed on the Bombay Stock Exchange and the National Stock Exchange of India, and its sales and research and development product lines cover five major areas: cerebrovascular system, central nervous system, metabolism, tumor and diabetes. At present,It has seven production bases around the world, five of which have been certified by the US FDA.The other two are for emerging markets.

"The recent development of drug supervision in China has enabled differentiated high-quality generic drugs to be quickly approved, and itsThe portfolio with more than 140 products conforms to China application.Strides Limited said that after the four products of this cooperation, it can choose to further expand its product portfolio.

Next, Sihuan Medicine will use its sales team of more than 4,000 people and more than 3,000 distributors all over China to promote these four products.

4. Natco Pharma: The U.S. market is going down, seizing the opportunity to enter the China market.

On August 11th, Indian media reported that Natco Pharma hoped to expand its business scale in China in the face of the adversity of American generic drug market.

That is to say,Natco Pharma, the prototype manufacturer of the film Dying to Survive China-India Granin, will also officially enter the China market.As early as March this year, it was reported that Natco Pharma would cooperate with China institutions to start the BE clinical trial of Gefitinib.

Natco Pharma, founded in 1981.A well-known anticancer drug brand generic drug with many multinational pharmaceutical companies., including Novartis’s anticancer drug Gleevec, Novartis’s original research drug Zetai, AstraZeneca Iressa, Roche’s anticancer drug Trocquer, Bayer’s anticancer drug nexavar, and Gilead’s new scientific hepatitis C drug Propthone, etc.

Headquartered in Hyderabad, India, the top ten pharmaceutical company in Indian pharmaceutical industry started with a capital of only 3.3 million rupees (about 330,000 RMB). Today, it has 5,000 employees, 7 manufacturing plants and modern R&D laboratories around the world.

However, Natco Pharma’s main source of income depends largely on the United States.Take 2018 as an example. In this year, the US market contributed US$ 127 million to Natco, accounting for about 40% of the total revenue.

"It is hoped that the company will not only rely on the US market to get higher returns, but also the world, especially large developing countries, is a good strategy for the company to increase profits and share risks," said Rajeev Nannapaneni, vice chairman and CEO of Natco. It is time for Natco to enter the China market with the liberalization of policies and the reduction of tax rates.

Second,Desire for the China market

In fact, India has never stopped trying to enter the pharmaceutical market in China.

It is worth mentioning that in 1993, the Indian star company and the largest imitation pharmaceutical company, Rambosi, invested millions of rupees to set up a joint venture in China. Just,Due to strong barriers to entry, long-time commercial infrastructure and cost competition with local enterprises, Lamborghini finally withdrew.

Recently, since 2018, with the introduction of China’s "4+7" procurement policy, Indian pharmaceutical companies have once again tried to open the China market and accelerated their March:

In July 2018, India’s Anjovita Company invested 100 million US dollars to establish Anjovita Pharmaceutical Taizhou Co., Ltd.;

In December 2018, Alabin Pharmaceutical and Luoxin Pharmaceutical reached a cooperation to establish a joint venture in China to introduce high-quality and low-price drugs;

In February, 2019, China Reddy Laboratory Co., Ltd. applied for the bioequivalence test of clopidogrel bisulfate tablets to prepare for entering the market.

In this way, seven Indian pharmaceutical companies have definitely entered the China market in the past year. However, behind this swarming layout, it is reflected thatIn the past few decades, this huge Indian generic drug army sweeping the world has never been able to open up the China market.

According to statistics, during the period from April 2017 to March 2018, Indian pharmaceutical exports amounted to US$ 17.3 billion, of which 60% were exported to high-end markets such as Europe and America, and China only accounted for 1%.

Therefore, transnational illegal purchasing has always been the main way for Indian generic drugs to flow into China because they have not obtained the sales license in China. Behind this,The approval process is the biggest stumbling block for multinational pharmaceutical companies such as India to enter China.Because imported generic drugs are subject to clinical approval system, it takes several years to evaluate the consistency of a generic drug.

Take Sandoz, a generic drug subsidiary of Novartis, as an example. Its rosuvastatin tablet is the first imported generic drug approved for conformity evaluation in China. This drug was applied for clinical application in 2010, produced in 2014, and finally approved for conformity evaluation in 2019.The whole process lasted for ten years.

2018 should be an extraordinary year for Indian generic pharmaceutical companies. This year, thanks to the increasingly favorable conditions for importing generic drugs provided by a series of new drug administration reforms, India finally had the opportunity to set foot in China’s 100 billion generic drug market.

It is reported that at present, about 50 large Indian pharmaceutical companies have plans to enter the China market, looking for China partners, bringing their proud generic drugs to China and occupying the China market.

At present, the ambition of Indian generic pharmaceutical companies seems out of reach, but for domestic generic pharmaceutical companies, the days when they lie down and make money are completely over.