2017 National Games Opening Ceremony Tickets Online Ticket Buying Address

2017 National Games Opening Ceremony Tickets Online Ticket Buying Address
Tianjin Northern News: According to the requirements of the 13th National Games Organizing Committee, an opening ceremony preview is scheduled for August 23, 2017.From August 5th, tickets for the opening preview will be sold online and on-site. Tickets are priced at 200 yuan, 300 yuan, and 400 yuan.  Tickets for the preview show are sold in real-name.The real-name system information is provided by the ticket purchaser when purchasing tickets online and on-site, and the ticket purchaser enters the venue with the ticket purchase certificate and preview tickets.  1. Ticket Purchase Method (1) Online Ticket Purchase 1. From 10:00 AM on August 5, the public can log in to the official ticketing port of the 13th National Games to purchase tickets directly.The specific online ticket purchase method is as follows:   http://www.tianjin2017.gov.cn/——Online ticket purchase window;    2. The public can follow the official official ticket of the 13th National Games, the only designated public account of the National Games, through WeChat on the mobile phone to purchase event tickets.  (2) On-site ticket purchase starting from 10:00 am on August 5, you can go directly to the ticket office of the Tianjin Stadium, the official ticket office of the 13th National Games (near Binshui West Road).  2. Ticketing Consultation  The public can call the ticket service hotline 022-83801888 to inquire about ticketing information related to this competition.(Hou Jing, Editor of Jinyun-North.com) Original title: Tickets for the preview of the opening ceremony of the National Games begin to be sold.

In order to combat the epidemic, Quanjude terminated the fundraising project, and the remaining funds supplemented the working capital

In order to combat the epidemic, Quanjude terminated the fundraising project, and the remaining funds supplemented the working capital
On the evening of March 6, Quanjude issued an announcement regarding the termination of the raised capital investment project to supplement the remaining raised funds and the permanent replenishment of working capital.According to Quanjude, in order to combat the impact of the new coronary pneumonia epidemic, combined with the company ‘s industry changes and the company ‘s development strategy needs, to improve the efficiency of the use of raised funds, the board of directors agreed to terminate the company ‘s non-public offering of funds in 2014.Capital interest rate) 39564.380,000 yuan (specifically based on actual balance data at the time of implementation) permanently supplement working capital.According to the introduction of Quanjude, the original fundraising project was established in 2013. At present, the company ‘s development strategy has changed in the domestic catering industry market, especially the recent new coronary pneumonia epidemic has an important and continuous impact on the overall catering operating environment. The original fundraising projectThere will be potential uncertainty in the return on investment that continues to be implemented.Quanjude admitted that since late January 2020, the company’s catering and food business has been affected by the new coronary pneumonia epidemic. The reception of dine-in food in most of the company’s stores nationwide is at a standstill, and food business sales have broken through.During the epidemic, Quanjude actively responded to the epidemic, adopted various measures such as increasing online and offline takeaways, expanding community consumption, establishing staple food kitchens, and fully implementing the preferential policies of the local government, but it continues to suffer from severe impacts and is expected toThe situation will continue.In fact, Quanjude has adopted a variety of measures to reduce costs, but it still needs to bear the necessary expenses such as labor costs and rent. The company’s cash flow is facing pressure to overcome the need for working capital.Air Force, Quanjude has released its 2019 annual performance report.In 2019, Quanjude achieved a total operating income of approximately 15.6.6 billion US dollars, compared with the same period last year11.87%; net profit attributable to shareholders of listed companies is about 4718.70,000 yuan, 35 intervals from the same period last year.4%.For the reasons of performance, Quanjude said: As the company’s catering revenue declined again, and the overall profit level driven by boots decreased.Editor Xu Chao proofreading Li Shihui

Sports Morning News: Chinese men’s volleyball team headed for the Olympics, Ibrahimovic harvest returns to the first goal

Sports Morning News: Chinese men’s volleyball team headed for the Olympics, Ibrahimovic harvest returns to the first goal
[Domineering]Ibrahimovic returns to Milan’s first goal Ibrahimovic pushes and breaks the goal.The 19th round of Serie A kicked off last night when AC Milan beat Cagliari 2-0 away.In the second half, Leo broke the deadlock for AC Milan.In the 64th minute, Ibrahimovic, 38, scored with his left foot in the penalty area and scored his first goal after returning to Milan.In the 82nd minute, Ibrahimovic scored a header again, but unfortunately was sentenced to offside.[CBA]Slam dunk contest became the “small” stage Feld scored a perfect score.All-Star weekend events officially began last night. In the emerging challenge, Marbury’s coached star Rui team defeated the Chinese college student team 83-75.In terms of individual events, three “small” players performed well in the dunk contest and successfully advanced to the final; Hu Jinqiu, who was 2 meters and 10 meters tall, unexpectedly broke into the final of the Skill Challenge.(Details >> CBA all-stars do not play according to the routine?) 【Reversal】 Beijing women’s volleyball team won a third round ahead of the 2019-2020 season in the Chinese Women’s Volleyball Super League final three and four rounds last night. The Beijing women’s volleyball team defeated the Guangdong team 3-2 in a two-time backward situation.The Beijing Women’s Volleyball Team won the third and fourth places in the three-game two-win system and won the third place of the season.(Basketball News >> Beijing Women ‘s Volleyball Team Locks Season Bronze Medal ahead of schedule][Chong’ao]Chinese Men ‘s Volleyball Team is one step away from the Tokyo Olympics. In the semi-finals of the Asian Men ‘s Volleyball Qualifying Tournament held last night, the Chinese Men ‘s Volleyball Team defeated Qatar 3-1.Advance to the final.Jiang Chuan scored 23 points in the game.Tonight’s championship battle will begin between the Chinese men’s volleyball team and the Iranian men’s volleyball team, and the winners of the two teams will receive a ticket for the Tokyo Olympics.(Details >> Chinese men’s volleyball team will compete with Iran for “Olympic tickets”) Editor Zhang Yunfeng proofreading Liu Jun

2015 Australian Open-Shava swept Bouchar to advance to the top four compatriots Makalova

2015 Australian Open-Shava swept Bouchar to advance to the top four compatriots Makalova
Beijing time on January 27th, the Australian Open 2015 entered its ninth game day.In the second women’s singles semi-final in the first half, the No. 2 seed and 2008 champion Sharapova continued their excellent state since the start of the match, defeating last year by 6-3 / 6-2 straight sets and scored halfThe final Canadian beautiful girl Bouchard successfully advanced to the semifinals.In the semi-finals, Sharapova will compete with fellow Makalova for a final seat.Sharapova fists her fist to celebrate the second round of saving the match point after defeating Panova, Sharapova’s condition is gradually getting better.In the last round, when he played against a good-looking Chinese sister, Peng Shuai, he even sent eggs to sweep.Today, Shava ushered in the challenge of her successor Bouchard.The two have had three encounters in the past, and Sharapova, who is seven years old, has maintained a winning record.Obviously, in this two-generation beautiful girl battle, Shawa is still the more optimistic side.  At the beginning of the game, Sharapova, who quickly entered the state, had always pressed Bouchar’s backhand and scored a break. Subsequently, consecutive consecutive servings directly overlapped, and the Russian beauty was able to lead 2-0.After improving the quality of his serve, Bouchard kept his serve and stabilized the situation.However, Sharapova was not affected at all, and continued to lead 3-1 after sending Love Game.The Canadian rookie who saved the break point again started to strengthen his offensive efforts, but the old No. 2 seed still saved the key break after saving two break points, and continued to lead 4-2.The two sides subsequently defended their services, and Bouchard faced tremendous pressure in the 3-5 behind serve.The experienced Shava exerted pressure on the offensive end in time, and finally Bouchard, who had more errors, was broken again and handed out the first set victory 3-6.  Sharapova, who has no loss of feeling, took the lead in finishing the second round with a 1-0 lead.Bouchard’s performance stabilized, and after a semi-interceptive breakthrough to resolve the break point, Baofa tied the score.The Russian girl who made a comeback during the intraday period had the strength advantage of the bottom line attack, and finally achieved a break in the fourth game.After resisting Bouchar’s counterattack, Sharapova reset the lead 4-1.Both sides secured their own, and Bouchard was forced into a tie after squandering the non-guaranteed eighth inning.At a critical moment, Maria resisted the serve and won points to force out the match point.After playing a clear forehand straight line in a multi-shot contest, Sharapova locked the victory 6-2 and broke into the semifinals.In the semifinals she will compete with her fellow Makalova for a final seat.(Benson)

The Beijing drama after the Olympics tells about the struggle of young people and inherits the old wisdom of the previous generation

The Beijing drama after the Olympics tells about the struggle of young people and inherits the old wisdom of the previous generation
After the 2008 Beijing Olympic Games, Beijing developed rapidly as an international metropolis.In the film and television works, the “Beijing Flavor” of old Beijing fades away. Currently in the life of the “New Beijing People” shown in the “Love” broadcast on Beijing Satellite TV, it involves “escape from Beijing to Shanghai”, “people and self”Relationship”, “Blind Date”, “Fear of Marriage” and many other social hot topics.Beijing in this period is inclusive and diverse.As the collaboration progresses, the sense of distinctiveness of each city and the difference in life decline.In Beijing, we have concentrated on the most cutting-edge and lively discussions in China, where there are both the struggle and love of boys and girls, as well as the frustration and reflections on the issue of pension.Among them, director Zhao Baogang used “Beijing Youth” as the ending of his “Trilogy of Struggle”, reflecting the confusion and ideals of “Beijing Youth”.The heroine’s hard work in this big city in “Beijing Women’s Illustrated Book” is also impressive.”North drift” is not enough to summarize the life style of this generation of young people.At the moment, Beijing accepts people from all over the world as an immigrant city.While Beijing is appearing in more and more diverse styles in film and television works, some directors are devoted to filming “Old Beijing” in their minds. Liu Jiacheng, known as “Director of Beijing Taste”, has led a round of “retro”Trend.Every piece of work from his hand swept the screen with a dark horse posture, no hottest actors, no hundreds of millions of productions, but always wins with stories and texture.From “Under Zhengyang Gate” to “Love in the Courtyard” to “Little Woman Under Zhengyang Gate” and “Sesame Alley”, although the story of this series of works is different, the style and core are the same, continuing the “old Beijingers”.There is a traditional life of “face inside”.The most “Beijing” youth drama of Beijing youths in pursuit of the distance in this decade must be “Beijing Youth”.The four cousins who were born and raised in Beijing, He Dong, He Xi, He Nan, and He Bei, have diverse aspirations.He Dong had a very virtuous girlfriend, a stable job, when he registered his marriage, he suddenly repented, broke up quickly, resigned, he suddenly felt that his life was arranged, this life is not his own life,He wants to retake his youth and find his true goal in life.After the broadcast of “Beijing Youth”, it caused huge controversy. Many people believed that Zhao Baogang “teached” young people to resign easily and blindly pursued “distance” irresponsible.Zhao Baogang responded in an exclusive interview with Sauna Night. Instead of letting everyone quit his job, he felt that young people should think about it. When you set up a family, you will have no time to leave when you have children. Only when you are young can you go.”I just promote a concept that young people should not be trapped in the inertia of society.As a native of Beijing, Zhao Baogang has the same body and the “Beijing Youth” in the play is not harmonious and optimistic.A part of “Beijing Youth” also reflects the director himself. He said that if he is allowed to return to youth, he will definitely follow the way written in “Beijing Youth”.There were too few places to go when he was young.At that time, his ideal was to stay away from his parents, go to a strange city to study, and to go around, but they did not realize it.Since the beginning of the new century, after undergoing reforms such as university enrollment expansion, the level of young people’s education has far exceeded that of Zhao Baogang’s era. Zhao Baogang’s focus is that this generation of young people has no education and no abilityOn the surface, the children of this generation are very good, but they are exposed when they encounter specific things.He called this generation of children “the deformed and confused generation”.This theme has penetrated into the plot from “Struggle” and “Who is My Youth”. One thing he wants to do, parents always have to obstruct it, and then it is “Beijing Youth”, thinking about how to face it.In this society, a new generation of young people must have the qualities and types of abilities to make a difference.In Zhao Baogang’s view, he records the changes of young people in the city of Beijing, and is the voice of the times.The typical love of the 1990s cast in “Over Addiction”; “Trilogy of Struggle” records the changes of young people in the beginning of this century after 2000.Zhao Baogang said that he has a special feature in filming now, that is, he only shoots in areas he is familiar with.Everyone knows that Beijingers are particularly eloquent, and Beijingers have a straighter intestine, and they are not afraid of doing anything wrong. This is their personality.Another reason is that Beijing also has a certain supplement, because Beijingers live under the roots of the imperial city, but ancient Beijingers could not enter the imperial palace, which formed the spirit of self-deprecating and self-entertainment of Beijingers.This spirit is exactly what is needed in today’s society. Zhao Baogang just wanted to use the Beijingers to spread this spirit to young people across the country.A family sample of Lao Youyi As a landmark city, Beijing hosts the dynamic life of popular attractions.”Elderly care” is a big topic that will inevitably appear during the rapid development of society.Zhao Baogang’s thoughts on pension issues existed before “Beijing Youth”. Starting from the preparation of “Lao Yi Yi”, he ran 40 Beijing nursing homes and elderly apartments, and wrote the stories of the elderly into the script.Also concerned about the issue of “retirement” is director Yang Asia.”Now there are more than 200 million young and old people. For such a large group of old people, our creation cannot be indifferent.”Yang Asia said that creation is inseparable from life and experience. In his” Hey, Old Man! “”In the” Old Man “there will be more or less the shadow of his father.Huang Haipi, the Beijing “son” played by Huang Lei, has an optimistic personality and usually likes to be sleazy.”Hey, old man!”Is a line with Liu Haipi. In the play, he often said” Hey, old man! “”Say hello to the father played by Li Xuejian in this way, and the name” Beijing Poor Children “is also a manifestation of the relationship between their father and son.The creators like to put the topic of the times or the history of change in the city of Beijing, at the forefront of the pace of reform and advancement. Beijing ‘s Siheyuan and Hutong are all good places to discover stories.In Yang Asia’s view, Beijing is the Beijing of all China, and the “Beijing Opera” is for the people of the whole country.In the “Beijing Xicheng Story” he is shooting, he once again shot the Baita Hutong, which is a place Yang Yang is familiar with and loves. In the “Empty Mirror” 18 years ago, the Baita and the east side will appear in almost every episodeThat alley.Yang Asia still remembers the scene when he first arrived in Beijing. His yearning for Beijing even exceeds his love for his hometown.Afterwards, Yang Asia went to university at the Central Academy of Drama. He had a life in Beijing. At that time, he studied acting and went to experience life every day. At the Beijing Railway Station, Wangfujing observed various people, and people in Hutong were also familiar.”Beijing Xicheng Story” is the first time that Yang Asia has filmed a Beijing drama of a chronological span.He likes the Korean drama “Please answer 1988” to tell the changes of a street in a warm atmosphere.The “Beijing Xicheng Story” shows the growth of the Hutong young people’s lives and reflects the changes of Beijing in the past 30 to 40 years.Another generation of people who went to Beijing successfully defined the head of wider publicity Zhang Junwei said that “Beijing Women’s Illustrated Book” shows an ascending channel for women’s independence. To reflect the changes of the times, it must be positioned in a big city.There is no “workplace” concept in small cities, and third-tier cities only have jobs and no workplaces.In comparison, in another “Shanghai Women’s Illustrated Book”, the focus is not on showing the “ascending channel”, and the story opens quickly into the perspective of the elite in the workplace. It is not as universal as Beijing.The characteristic of Beijing is that it is large enough to be grounded. These cities have a low profile and diversification. The people in the city do not live very hypocritically and are open.If “Longing” shows the Beijing natives, the family, and the core Beijingers, Zhao Baogang’s works are mainly “Beijing local children”, then “Beijing Love Story” and “Beijing Women’s Illustrated Book” show “new”Beijing people”, they come from cities all over the country, have their own studies, and their skills stay in Beijing.When “Beijing Love Story” is hot, the background music replays Wang Feng’s “Beijing, Beijing”. In the play, the three leading actors have some love in Beijing, and some people have lost their way here.In this city with neon lights but dark tides, some people get it, some people lose it.The decade after the Olympics is a decade of rapid development in Beijing. China has maintained a rapid growth of nearly 10% of GDP. Behind the rising data is the earth-shaking world change.”In Beijing, you will never swipe your card at Guomao only because of one effort, nor can you live decently in the Three Rings because of two efforts. You only have the opportunity to work with twelve points.Live an ideal life here.This line of “Beijing Women’s Illustrated Book” supplements the other side of Beijing during this period.Unlike the “Beijing Little Youth” presented by Zhao Baogang, the “Beijing Women’s Illustrated Book” shows a process in which a girl “Chen Ke” from a small city has a connection with a big city.”Efforts to make money, to buy a car to buy a house,” this sentence of Chen Ke is also the life goal of many young people drifting north.In the opinion of Zhang Junwei, the head of publicity for the troupe, Chen Ke is very popular. The audience may not have experienced the unspoken rules of the workplace, but how many have experienced the basement shared housing, and may have not encountered the rich second generation, but at least once had the economyApply to male hands.Chen Ke is experiencing these “Beijing pains” and “Beijing itches”. Sometimes he feels that running has become a habit.Chen Ke experienced ten years of struggle in the play, and finally got closer and closer to his dream.Chen Ke ‘s ten years in Beijing is also at a time when changes are accelerating in this era. The plot focuses on the real social issues such as buying a house, hukou, love and bread that are common in metropolises.Zhang Junwei said that the original intention of “Beijing Women’s Illustrated Book” is not to use “city” as the starting point, not to be a landmark in Beijing, but a work of the new female era, an iteration of the traditional women in “Aspire”.In the play, Chen Ke came to Beijing by train from her hometown and town. After she succeeded, she took the same train back to her hometown. The “train” is the way for ordinary town youths to rise.This play is about people who are both in Beijing and who have dreams.Zhang Junwei said that after they laid the “foundation”, they could still leave, just choosing their own suitable lifestyle at each stage.”Society is gradually developing, and film and television works provide more choices, rather than being called the answer, not staying in Beijing is successful.Although this play is called “Beijing Women’s Book”, it does not limit the possibilities.”Chen Ke started at the front desk, went through choices and was selected, and finally continued to move forward firmly in Beijing.”The title of the series is all a question, asking people who are staying in Beijing or even want to leave Beijing. Part of it is “Understanding the dining culture can be integrated into the Beijing circle”, “The Law of Survival of the Rookie in the Workplace”, etc.From the perspective of Liu Jiacheng, the “retro” Beijing script passed the same kind of goodness. The new Beijing is constantly developing, and the traditional culture of the old Beijing should also be inherited in the development.For example, the “filial piety culture” passed in “Love in the Courtyard”, old Beijingers pay attention to “old and old people”, young and old respect humble, humble neighbors, “how to see the old people how to say hello, how to eat with old peopleMany young people have forgotten.Including my son who sometimes eats with me, I often say ‘not allowed to say you, wo n’t you?’Now we are still these.These traditional cultures of old Beijing should not be forgotten.”From the” Beijing Three Dramas “,” Silly Spring “,” Under Zhengyang Gate “and” Love in the Courtyard “to” The Little Woman Under Zhengyang Gate “and” Sesame Alley “, Liu Jiacheng filmed five Beijing-style themes in eight yearsWhen he was in rush, he shaped various typical old Beijing small people in the Hutong courtyard, recorded the traditional culture and humanities of old Beijing, and was praised by the audience as “Beijing director”.As an old Beijinger, Liu Jiacheng believes that the biggest feature of Jingweier is not the mansion door and the erotic sound, but the “soul” of Beijing-harmony and integration.Being human, being sentimental, being urban, and accommodating Baichuan, “Beijing needs to develop in its inheritance, and there are too many traditional cultures in Beijing that are worthy of our showing and promotion.Beijing-flavored children’s dramas express feelings and reflect on society and young people today.”A still picture of” Love in the Courtyard “.The picture comes from the decades of old Beijing life on the Internet, which created Liu Jiacheng’s confidence in shooting Beijing-style children’s dramas.Dare to think and dare in “Silly Spring”, one jacks up the eldest sister “Silly Spring” of the whole family, “Silly Pillar” who selflessly supports an old man in a courtyard in “Love in the Courtyard”, and forgive the betrayal in “The Little Woman under Zhengyang Gate”Xu Huizhen, who has lived with her husband and rivals in shopping malls, Liu Jiacheng wanted to show the love and sense of Beijingers through his works.”A lot of post-90s and post-00s feel that these photos I took are particularly fresh. How can people be so beautiful?Why does ‘silly pillar’ treat old people in the quadrangle as if it were to their biological parents?This is a Beijinger, even if his face is cold, but his heart is hot, hatred is not your life and death, the heart is full of goodness.”This is one of the reasons why Liu Jiacheng loves old Beijing alone.This city, the people in this city, seem to have an all-inclusive atmosphere.At the beginning of the reform and opening up, more and more outsiders gathered near Liu Jiacheng’s residence. At first, they opened Jetta. Most of them were replaced by Mercedes-Benz and BMW after four or five years.”Foreigners come to Beijing, and Beijing gives them opportunities.Beijingers are also foreigners, you come to me, I do not exclude.”In 2012, Liu Jiacheng filmed” Under Zhengyang Gate “in Caochang Hutong in Dongcheng District (formerly Chongwen District).This is one of the most typical hutong areas in old Beijing. It used to be a waterway for transporting forage. It is located in hundreds of Qing dynasty townships and commercial halls.In 2017, Liu Jiacheng planned to continue shooting “Little Woman Under Zhengyang Gate” in Caochang Hutong, but found that some areas have become tourist attractions. The air conditioning codes are neatly arranged, beautiful and livable, but they are no longer “old Beijing”.According to Liu Jiacheng, the bricks and tiles, the corners, and the house number in the past all reveal the breath of life and culture in Beijing for so many years.The mottled sense of each room beam contains the culture and history of Beijing over the past few decades. “The taste of old Beijing has changed. This is not something that the art of the crew can supplement.”Today, the most popular topic among Beijingers is” I miss the old Beijing. “As a national political and economic center, Beijing has gradually developed into a comprehensive metropolis.Liu Jiacheng believes that this is actually another “soul” of Beijing-tolerance and integration.Beijing is an ancient capital with a history of more than 3,000 years. The talents, culture, and ideas of the whole country are gathered here; no matter what foreign goods are imported, they will be merged by Beijing flavor in Beijing, just as Peking opera has evolved from Huiban to Beijing.But as an old Beijinger, watching Beijing grow larger and fewer locals, the old Beijing and the new Beijing are moving from the conflict of ideas to integration. Liu Jiacheng hopes to shoot a new Beijing story to record this change.”Many Beijing-style dramas have come to me, but we have to keep up with the times.Beijing is not the Beijing of Beijingers, but the capital of the people of the whole country. The old Beijingers in the past have this kind of mind, and the new Beijing should have it now.”For example, old Beijingers have moved into the unit building from the courtyard, the big guys no longer open the neighborhood neighbor meeting, and the reinforced concrete has closed their emotions. How can they slowly adapt to social changes while missing the past?How can the old Beijingers insist on the kindness and enthusiasm in their bones in a cold society?Beijingers are content and happy, have a home and a room, and have a full-hearted personality. Should they learn the hard work of other urbanites under the integration?”If we turn these conflicting concepts and contradictions into one another and finally merge and learn from each other in Beijing, this is a good story for Beijing today.”Sauna, Ye Wang Liu Wei Zhang He editor Tong Na proofreading Zhao Lin. For more details, please see the topic >>> Beijing Opera and Children

After the epidemic, what do drama people most want to do?丨 Special Planning for World Drama Day

After the epidemic, what do drama people most want to do?丨 Special Planning for World Drama Day
Every year on March 27th, theater people all over the world are celebrating “World Theater Day”, but this year, this festival has been a little special. The drama people have never been in the theater for such a long timeThe audience cannot be seen in a row, the “Pause Button” makes the drama people miss and look forward to.What are the drama people doing in this special “holiday”?On Drama Day, Sauna Night invited drama people to share their thoughts during the epidemic. Although the work was suspended, the thinking continued, and they were ready to return to the theater.Drama people, happy holidays.Question 1 of the same question, have you done something that you have not tried before after the outbreak?2. What specific impacts does the epidemic have on your work?3. Have you made some preparations for resuming work?4. If the theater can be fully resumed, what do you want to do after the performance?5. What will happen to your creation after the epidemic?Note: There is no order, some dramatists only choose to answer relevant translations.Lantianye (Performing Artist) 1. When the epidemic occurs, all I can do is not add chaos!Persevere in not going out, not touching, and doing well.Stay at home and do something good, expressing your feelings on the prevention and control of the epidemic through pictures and texts, and some videos have been put on the bus.2. I’m preparing for a new play. I’m asking someone to write a script. Now I can’t meet to discuss the script. Fortunately, it’s not yet a scheduled play. It’s not anxious and its impact is not big.3. In this year’s performance plan for the theater, there was a play I directed and a play I participated in, all in the second half of the year.If the epidemic improves before August, it will not affect the start of the rehearsal. It is now difficult to predict.4. The theater can resume rehearsals and performances, that is, to prepare the above-mentioned drama that I want to direct and perform, and to meet the audience again, everyone is happy!5. I mainly talk about new scripts with playwrights. This is a play I plan to play next year!If the rehearsal performance can be resumed in August, my two plays will not change this year, and I hope to finalize the new play this year.Generally (playwrights) 2. The uneasiness, panic, and powerlessness brought about by the epidemic all have an impact on writing, but in turn, I have faced many of the problems that I have seen in the past, which has a deeper impact on the world and people I live in.Thinking.5. There will definitely be changes, but it is not a one-off event. It is still a process of chewing, rumination, and absorption. The results will slowly appear in the gradual writing.Feng Yuanzheng (captain, director, actor of Beijing actor and actress) 1, first tried online meetings.Before, our actor team always wanted to try in branch management, this time it came true.After the outbreak, we opened two branch committees and one branch meeting. Party members participated online all over the line. This is a new attempt.At the same time, we also opened an online class for the actors and scholars class, and let Teacher Pu Cunxin give a lecture. For the scholars, it made everyone feel like meeting again.In addition, we are trying to read the scripts of young actors online. Everyone is particularly enthusiastic about signing up. Through online rehearsals, we now have three crews working at the same time.2. It has an impact on the performance. The “Family Portrait” I was performing was interrupted, and it also has a certain impact on the performance behind our theater.In my personal work, some of the work for students is stalled.3. Mainly read the script at home.For the plays I have performed before, and the ones I want to perform again later, I will look at the script again, similar to “Confidante”.There are also new scripts being watched, and I am watching new plays written by two writers.4. I want to walk into the theater most and go to the stage to perform.At present, “Family Portrait” can’t be performed anymore. If there is my play, I hope to continue acting.If there is no arrangement, I most want to go to the academic class to give everyone a class and do training.Another thing I want to do the most is to meet everyone and see all the actors and talents.5. There must be a change. During this period of time, I was able to live more regularly than at home. I regained the skills of cooking and barbering, and it took more time to think.This will calm down my future creations, slow down my pace, and I won’t rush to do many things anymore. I will create more calmly.Next, I hope that my work will return to normal. I will do things step by step.Liang Danni (Beijing actor and actress) 1. During this time, I recorded video recitations from Beijing TV stations, theaters, poetry associations and other organizations because of the epidemic situation. There are other forms of anti-epidemic programs, so that one wall of the home has a fixed shooting background, I hope we can do our best through sound and video.Another thing is that the epidemic has brought us back to family life. For so many years, because of work, neither Expedition nor I stayed together at home for so long, cooking and eating at home.The expedition also gave me haircuts and shoes at home. I didn’t have these times before. These are some of the attempts brought by this outbreak.The biggest thing I experienced during this time was that my mother died in Guangzhou. Because it was during the epidemic, I would have a lot of difficulties from Beijing to Guangzhou, so it was very heartbreaking for my loved ones to fail to go back to see the old man for the last time.2. It must be a show, because during the epidemic it happened during the performance of our “Family Portrait”.This drama has been enduring for 15 years and has been particularly popular for many performances. I have also shaped this character for 15 years.But this performance happened just before and after the epidemic. From seeing a mask under the stage to stopping the performance, we have never entered the backstage of the theater since then.3. The first is to exercise my physical fitness. I have to practice at home every day. I have to take a look at the scripts I have performed before, and I will re-examine the handling of the tricks with the expedition.At the same time, I will refer to a lot of foreign films, and I can help myself by watching other people’s performances.Recently, the expedition gave lectures to professors on the Internet. I will listen to them and talk with some young actors after the end. These are all preparations for future work.Still preparing to write books, writing little by little, later learning to write at home and enriching myself, because the cultivation of actors is endless.4. Participate in the rehearsals and performances of the theater and perform the performances in the second half of the year. This is what I am most looking forward to and want to do.5. I will reorganize my role to improve continuously.Because I love the stage and my career, I will do my best to perform every performance well, and go all out to let the big or small roles I play play bright.After the epidemic, I always feel that it is not easy for a person to live a lifetime. Having a healthy body, someone in love, and a career they like are very happy and should be cherished.Hu Kaiqi (theatre translator) 1, for the first time tried to translate the great white plague of the great Czech writer Chapek, who is the same as Kafka, and impressed the Czech writer’s profound insight and humanitarian spirit.2. Originally scheduled to go to Beijing in late March to participate in the rehearsal of the Gulou West Theater’s 2020 Grand Opera “Broken Hand City” written by Martin McDonough, as a translator and literary consultantThe rehearsal of “Doll’s House-Part 2” as a translation drama and literary consultant has been expected due to the epidemic situation.3. After resuming work, first promote the stage debut of the above two productions, as well as Martin McDonough’s “Black Cat Tommy” (“Lieutenant of Inisimo Island”), Mabo’s “Intimacy” andHarold’s “Black Bird” will promote the production. My completed translation, McDonnell’s “The Lame of Inisieman” is also scheduled to premiere in Beijing at the end of this year.4. Plan to complete the translation of the 2007 version of the trilogy of Tom Utopia as soon as possible.The nine-hour epic drama commissioned by the author was delayed for two years. The author has always expected it to appear on the Chinese stage as soon as possible.5. Translated drama is of great significance to the modern process of Chinese drama.To borrow a maxim: The theory is gray, and the stage play is evergreen!The presentation of Western contemporary classic texts pursued over the years on the Chinese stage is growing and maturing in various theaters.The translation of British contemporary dramas is the focus of my next stage. I will publish the first and second volumes of the McDonough drama collection (10 dramas), the Karel Churchill drama collection, the Harold drama collection, and the UK’s contemporary face-to-face plays(Below) and the selection of Mamet’s plays in the United States, etc., hoping that these works can add luster to the modern spirit of the Chinese drama stage.Tang Ye (Beijing Human Arts Director) 1. After the outbreak, I have paid more attention and participated in online activities on the Internet. These actively participate in some online activities to fight the outbreak and give them to others through these literary forms.To encourage and express our mood.2. The biggest impact is that we would rehearse on the fourth day of the Chinese New Year, and perform after the Spring Festival, but the epidemic caused our theater to be closed to the outside world. Our rehearsal performance was affected.Able to perform.3. I recently had time to settle down to read books that I didn’t have time to finish, and at the same time I was doing some novel adaptations.Time calmed down like this, like pressing Pause, let me go back to the furnace.4. Originally, during the epidemic, I wanted to create some related and well-recognized works, but there was a lot of inconvenience because everyone could not get together.After resuming work, I most hope to be able to communicate with people on the front line of “anti-epidemic”, both volunteers and medical staff.The creation of epidemic works is complementary, and more importantly, to know what we modern people think and how to face such difficulties. This will provide us with a solid life accumulation and creation of characters and creation of works in the future.Character accumulation.5. The epidemic itself makes us rethink the value of life.Let us reflect on many things.What do we need most for our stage creation?Should we behave some kind of person?What kind of thing?This will have an impact on my future creations.I hope that in the future, I will be more attentive, that the characters can exceed expectations, and that the people and things reflected in our works can directly hit the audience’s mind.Yue Xiuqing (Beijing actor and actress) 1. I live in isolation and do not go out at home continuously. This has not happened before.2. Our original performance was gone, and the original teaching plan of the actor training class was also affected.3. Because I am the head teacher of the Humanities and Arts Scholars Class, there are some teaching tasks that are now to teach and communicate with scholars through the Internet.4. What I want most is to perform, and to meet with scholars.5. As always, create well. As an actor, we always have to carefully shape every character.Wu Gang (Beijing actor and actress) 1. Isolate at home. Many things that I originally did outside need to be done at home.2. The original planned filming stopped, and the performance on the stage will also be affected.3. Read books at home and read a lot of scripts in order to accumulate and prepare for shaping the characters later.4. Most want to act, whether it is a film or television drama or a drama, all want to create characters.5. It may not be an obvious change, but after precipitation, time and experience will enrich our creation.Gong Lijun (Beijing actor and actress) 1, first tried to learn how to make pastry, and now it has a look.2. All the rehearsal performances in our theater have been cancelled, and the classes I have given to academics have been changed online.3. Thinking of my next performance, I will now watch the previous video, read the script, and prepare for the performance.4. What I want most is to cherish the performance opportunities.5. After the epidemic is over, the time may be tight in a short period of time. I have more work to do. Work harder on creation.Guan Bo (captain of the National Grand Theater actor) 1, brushed a day of news, information worry.Cloud class.I went to the restaurant like a thief, but didn’t open the door.2. The normal creative performance was interrupted, canceled, and the way of going to work changed.3. Still struggling in the specific creation.Sensitively accept the accumulation of life and reserve creative materials.Simply put, it is raising.4. Give everyone Ju Yiju, and disinfect by the way.5. More aversion to anti-intellect.Zhou Liming (Culture Review, Film Critics, Critics, Wuzhen Drama Festival Jury) 1, Suddenly, the two-month residence gave me the opportunity to watch more than 100 videos of British and American stage plays;The rhythm of Wuzhen Theatre Festival.These are the stocks I have accumulated for many years, so I can charge and reward myself.Sometimes I feel that I have returned to the era of graduate school, such as a thirsty thirst for knowledge that meets redundant time.2. All work that requires face-to-face must be suspended, but I also tried to record programs remotely.3. Has been paying attention to his field, including film, drama and tourism culture.The only thing not done is pure writing.It stands to reason that the period of isolation is a good time to write, but I have inspiration but no urge to write at all.Very strange.4. The first step is to walk into the theater and watch a play.Theater experience cannot be replaced by video.I am curious what the first drama will be after the epidemic is over. I think it would be more interesting to choose an unheard of work.5. I may pay more attention to the advantages of experience.Video, theater, theme park projects, etc., have their own characteristics, and sometimes there will be overlap and fusion, but if the characteristics that are most suitable for their own experience are done to the extreme, or try some unprecedented grafting, there will be bright spots.Wang Keran (Chief Producer of Yanghua Drama) 1, a.I thought about giving up the drama.Because I feel that the drama is powerless, helpless and helpless when the decisive life appears.b.We can only stick to it. At least drama can be a craft of communication education. This is an era when civilization breaks through the crowd. We have to give up ourselves to have the opportunity to go to different crowds and pass wise methods.2, a.Dozens of shows were cancelled.b.In June, the original “New Wilderness” was invited to the actor’s Spring Drama Festival, and now it should not be possible.C.This year, the world drama season in cooperation with Poly is affected, and most of the works may have to be cancelled.d.The creation of a big play at the end of the year was originally performed at the French People ‘s Theatre, and it is now very dangerous.… In short, the influence is very wide.3. Adjust the plan, consider the new script related to the moment . prepare a large number of masks.4. Observe the audience and pay attention to their theater experience after the epidemic.5. More attached to our original intention of creation . Focus on people and love!Stick to the truth!Shi Hang (screenwriter, planner, critic, jury member of Wuzhen Drama Festival) 1, many books that I bought before but never read, are now open for reading.Including many books that I have always wanted to reread, I can finally do two or three brushes. I used to say that buying books is like going downhill and reading books is like drawing silk. I have n’t been downstairs in Changchun’s hometown for two months.Reading in the attic.It can be regarded as a kind of Yugong Yishan, with thick and thin on average it is about one book a day.2. I’m a screenwriter and a curator. I feel that I can take control of my work and have little influence.After all, everyone is affected.Specifically, I am also a film critic, because the new film can’t be released, and my film critic program “Parrot’s Voice” stopped.In addition, what I care more about is the public welfare reading meeting held in Beijing Gulou West Theater once a month. It will only be postponed in February and March.I really wanted to start a new reading on Saturday, February 29, a leap month, and it was very commemorative every four years.I can only hope to wait for the next four years of February 29, this reading session will still exist.3. Reading and frantically watching Japanese dramas is to prepare for resumption of work. I want to continue to hold reading sessions. Now these may be the content of future reading and sharing.4. If the theater is fully resumed, I will go to the theatre as before.5. There is indeed a little more thinking. In the past, it was like catching up more often. I felt that the market was short of things. I now have a look after looking at the distance.What exactly do you want to write in your life?Start asking yourself this question.Only when we cannot meet can we truly understand what it means to be together.If you do n’t know how to cherish the theatre before, you should n’t.Fu Jia (Beijing actor and actress) 1. After the outbreak, our theater actor team asked everyone to stop work and practice, so we tried to read the online script for the first time online.2. No matter whether it is the work of the theater or the rest of the work, my two dramas in the theater were affected in the first half of this year.3. Resuming work depends on the next arrangement, but as actors we are always preparing, these skills can not stop, so practice lines and form.I have to press my legs and practice at home every day to keep my state.4. I want to go to the theater most. I watch theater plays and performances by outside troupes. I used to love watching theaters before.There may not be my performance next, so I will continue to appear in the theater to enjoy watching the show.5. Creation will be devoted, serious and more active, because I always love this cause.Lin Xiyue (director, executive art director of Lin Zhaohua Theatre Invitational Exhibition), 2. This year’s “Lin Zhaohua Theatre Invitational Exhibition” was closed for a period due to epidemic situation.3. In the creative performance of a new drama.4. Rearrange and modify “White Snake”.Manding (Art Director of Intermediate Theater) 1. Doing live broadcasts and communicating with our audience online. I feel that network anchors are a very professional thing and difficult.2. In addition to the closure of business, this year’s program plan has all been disrupted and needs to be readjusted.3. Psychological preparation is the most important to ease anxiety.4. Ask what each audience did during the epidemic.5. I mainly do production and program planning, and correct after the epidemic. Some originally planned works are not suitable for the context of the moment, so I have to change them.Ding Yiteng (drama director, actor) 1. At the invitation of a friend of the media, I broadcasted several times at home. I still feel very fresh, but still nervous through the camera.2. The director’s performance workshop to be opened in Beijing in early April was postponed, and the latest work “Wound Disappeared in the Dark Night” performed at Rulun Lecture Hall at the end of April was also cancelled.Some of the work in the Danish Odin Theatre Company arranged for the outbreak of the transition epidemic in Europe, which was also delayed.3. Let’s regain confidence. Many things can’t be seen, just like the things in my heart.Now it should be said that when the epidemic is fermenting in Europe, some of my foreign drama friends have a collapsed mentality. Since I ca n’t afford the rent because I ca n’t work, I also think about switching.Vigorously.I was very moved yesterday and received a call from director Eugenio Barba. The main point is to let us young dramatists not lose faith.Then it is to enrich some director’s ideas and make some plans for future creation.4. I miss my drama team very much. I will cherish the time I spent with them in the theater. I used to take it for granted. Now I feel that being together is fate and precious.I’m going to invite them to eat a copper pan shabu-shabu first!5. Although I will not deliberately create works about the “epidemic situation”, I feel that the works will pay more attention to inner peace and quietness.Everyone says that the art circle is impetuous. Now you are forced to stop and let you think about one thing or an idea a few times. It is actually a good thing for our creators, so I expect some original after the epidemic.Good work.Huang Ying (National First Class Director, Associate Professor, Director of the Beijing Film Academy) 1. Eat one vitamin a day.Try to use Heidegger as the coordinate to sort out the development of Western philosophy forward and backward; at the same time reread the classics of the pre-Hanwu period, trying to spy on a little cross-space relationship.2. People who love drama all love face-to-face communication and now have to pause.The film practitioners represented by Nolan are all representing the meaning of theater space for the social life of human groups, although the film itself is a digital copy that can be copied infinitely.Many are commonplace and take for granted. During the epidemic, humans were given an opportunity to “defamiliarize”, starting with China and now with the world.There is a little thing that Manager Zeng has proven to be-eating.We seem to be too used to filling our stomachs as we please, and even tangled over what to eat.During the epidemic, when staying at home, I found this kind of luxury with plenty of food and drink, which was hard-won.Import and export workers, vegetable farmers, transporters, supermarket employees, courier brothers and other ordinary people insisted on their positions to provide the most basic survival guarantee for the family to prevent epidemic.Eating is not a trivial matter.I started interviewing the elders by phone and on the Internet. With my childhood memories, I discovered those that were easily forgotten or had no experience at all, about eating.The common people’s rice, oil and salt will be the starting point of a new drama I created after the epidemic.There are many small things that need time to age.3. For two months, Huang Ying Studio has been holding creative planning meetings through online video conferences.Although the efficiency is lower than the meeting, we have increased the number of attendances a lot to achieve diligence and make up for it.4. I hope to hug old folks in the rehearsal field and feel the breath of the audience in the theater.”Opening Guide 〇” The performance plan for March was cancelled, and I hope that the performance of the National Theater in June will be on schedule, so that I can realize my wishes quickly.5. I believe it is not just me, creators all over the world will change spontaneously or unconsciously.In a sense, I am a stupid person, and the worldly life is often half a beat . but it may be a good thing for creation. If you taste it slowly, you will not be superficial even if it is simple.I am willing to give myself time before I know the answer.Li Guojie (drama producer and planner, deputy director of the Performing Arts Working Committee of the Chinese Academy of Dramatic Literature) 1, opened the WeChat public account “pigs wearing masks”, and pre-sold Yantai big cherries grown by parents in the circle of friends.2. The original invitation to invite Japanese artists to perform in China can only be postponed.A rehearsal that has already begun before the Spring Festival will temporarily stop rehearsing.3. The original work plan has been sorted over and over again, and once resumed, the work can be carried out immediately.4. Go to the theater to watch a play.Miao Ge (drama director, actor) 1. Downloaded Douyin.2. The epidemic disrupted the already scheduled performance plan, from step by step to stop all, without a little precaution, it appeared like this.3. Because it is not yet possible to predict the time to start the show, and the ongoing work is temporarily shelved, so I will use this time to find more scripts. There are many drama images on the Internet to enjoy. I have to arm myself more.4. Rehearse well, work hard to make money, and let yourself feel at ease, and your family will be at ease.5. Through this epidemic, I have strengthened my creative direction and theme. I should pay more attention to people and the fate of every little person around me so that more people can see them and give them enough love.Yan Nan (drama director, actor) 1. Say love to family.2. The work plan is expected and disrupted.3. Try to keep a good mind and body.4. Most want to see the audience fill the theater.5. It will be better.Gong Zhe (dramatic actor) 1, not currently, as usual.2. Waiting for recovery.3. Do homework and exercise.4. Sit all the chairs in the auditorium.5. I hope I can shoot some works that let everyone see the healing.Han Qing (Beijing Artistic Director, Actor) 1. During this time I happened to be out of Beijing. Apart from disseminating some knowledge about epidemic prevention to my family, I was not going out at home.Together with my friends, I donated several ventilators to the hospital in Wuhan.We first contacted the hospital and realized that the ventilator was the most urgently needed, so we went to the factory with our friends and bought the ventilator and transported it to the hospital.2. Our performance was cancelled. The rehearsal and performance arrangements that had been done were changed. I originally decided to return the ticket to Beijing according to my working hours.3. First of all, it is psychologically ready at all times. When the theater needs it, go back in the first time and work in isolation.At the same time, the actor team sends us articles every day. I am studying. I also read a series of books and materials and make good records. I hope that these accumulations will be helpful for future creations.I participated in the online rehearsal of the script reading, rehearsed with my colleagues in the form of video every day, read the script aloud, analyzed the characters, and worked every day in the participation.4. Now I am looking forward to the announcement to let us resume work every day. I miss the stage and the performance.After resuming work, I will take rehearsals and performances seriously as before, and will love my job more.5. For each of us, this epidemic is a magnifying glass. It makes some people’s lives turned upside down, and it also allows others to watch this for the first time.For us, we also think about disasters: what should we do in the future?What do I want?If impermanence is constant, should we continue to repeat this life?This kind of thinking is helpful to our creation. We will cherish every creative opportunity even more, and will deposit the experience and thinking of this period of time and apply it to future creations.Liu Zhiyang (Beijing actor and actress) 1. I have n’t tried online aloud scripts before. This time I read aloud the young actors ‘screenplays organized by the artiste. I read Cao Zhi in The Pride of HeavenLarge and half-text, Director Tang Ye comes to arrange for us every day, which is of great help to my lines.2. Originally, the first three days of the big year will rehearse the drama “Antique”, but it was cancelled due to the epidemic situation.3, I exercise at home every day to improve immunity.Also read books and movies to recharge yourself.4. I want to play a drama most, then go backstage and take a hot bath.5. During the epidemic, I saw more love and dedication, and I saw “China Speed” and “China Power”.So after the epidemic, my creation will definitely be affected by this subtle influence, and I will work harder to create each of my works.Yan Rui (Beijing Human Arts Director, actor) 1. One is to teach our human art academic classes online. Through the Internet, our teaching is not interrupted. This is an attempt.2. The biggest impact of the epidemic is that our performance on the stage has stalled.3. This period of time is to meditate and recharge.Studying the creative text at home, and doing some preliminary work for the future play.4. I most want to perform on stage and sit under the stage to watch the drama, to be able to feel everything that was once familiar on stage and below stage, and it is precious.5. I will infiltrate the experiences and the beauty and love, ugliness and evil caused by these days into the forward drama life.Yang Jiayin (Beijing Human Arts Director, actor) 1. In the epidemic situation, he gave lectures to the Human Arts Writing Class through network connection.Lead everyone to read scripts aloud online.This new form is unprecedented.2. Theater art is racial, which has a broad impact on me and our staff.3. I am always preparing for the resumption of work and rehearsal. During my stay at home, I will enhance my study and increase my thinking. These two aspects are indispensable.In addition to some developments in cultural knowledge, there is also more reverse thinking about one’s own profession and repeated scrutiny.4. During the month of shutdown, I have accumulated a lot of experience and experience. After the theater is resumed, the most hope is to be able to put these feelings, thoughts and records in the epidemic situation through our art works.The drops appear.5. There may not be too many changes, I still hope and will work hard to shape the greatness of ordinary people.Li Shuli (drama director) 1. The epidemic reduced my life to two things: reading and writing.It ‘s a very common thing, but it ‘s so continuous and high-density that you just read and write every day, and it ‘s really nothing cardiovascular.2. Around the Spring Festival is the traditional performance time of Nuo opera in the folk, originally arranged to investigate such Nuo opera in Hubei and Jiangxi provinces, can only be cancelled.In April, I originally planned to visit Hiroshima, Nara and other places where folk art performance festivals have been refunded.For research, field investigations cannot be done at all.3. A lot of work that cannot be done will not disappear immediately because it is not done, but only accumulated into the future.What I can do now is to make good use of time, to work harder than usual, to complete everything that can be done in advance, so that we will not be closed and busy when we resume work.4. In the past two years, I have been studying traditional dramas of folk performances. In fact, I have rarely entered theaters.But after resuming work this year, if I see a new work from a sincere creator, I want to buy a ticket and go to the theater to support it.The current creative environment provided to sincere creators is not good. Many people are more difficult. The epidemic situation may be worse. This is a little bit of a way I can think of temporarily.5. I feel that our troupe’s creation is relatively advanced.In 2018, we arranged a play called “Annual Ring Monster”. A very important part of the plot is the advent of the plague. The protagonists thought that the easy and innocent life was shattered and forced to face the cold winter. Their lives were truly invaded.Many of the questions the scriptwriter teacher addressed were not public topics at first, but I think there are more people discussing them now.This makes my confidence in creation more and more firm, and we will resolutely go down the road before.Yang Xiaoran (Theater Ferris Wheel Editor-in-Chief, Drama Reviewer) 1. Category information that has been backed up in the computer for almost ten years. I have n’t sorted the work because of the original work. This time I can finally have enough time.Come to organize.2. Originally, I entered the working state immediately after the Chinese New Year. Several projects and activities have been arranged in the first half of the year. Due to the epidemic situation, the project extension activities were cancelled. I am a freelancer, so the most direct impact is that the epidemic situation is basically now.There is no more work, and it means that there is no income.3. Due to the nature of the work, you can enter the working state at any time, so the most preparation is to pay attention to the form of the epidemic every day, and all kinds of information about the recovery of offline performances in various places, and look forward to the restoration of the theater.4. The most I want to do is to go to a show that I like. When I call the curtain, I applaud hard and heartily, walk out of the theater and discuss it with my friends.5. What I do is related to drama, media, and performance. There are not many creations involved, and the direction of work should not change too much.But personally, I am still looking forward to the domestic creators to create some related works based on the various things we experienced in this epidemic.To take a step back, the sudden changes in lifestyle in the past two months can actually create some very different works.Wei Jiayi (Editor-in-chief, drama critic) 1, because theater performances are all suspended, we are more actively trying to develop the combination of “performance” and many fields.For example, during this stage we have conducted some online live performance courses, and have had too much communication and cooperation with the live broadcast and video self-media industries.2. The most direct impact is that as an industry media, when the performance is suspended, our content material is almost stagnated, so it is now in a state of semi-rest, but once the epidemic improves and gradually resumes work, in-depth industrial drafts are being planned recentlyTo analyze the short-term, medium-term and long-term impact of the epidemic on the entire industry.3. In fact, there is no special preparation, mainly to adjust the mentality.4. We will definitely finish the original 2020 plan that we originally formulated. In the first two years, we have made a lot of preparations. We will meet with you in 2020. I hope to return to the original track as soon as possible!5. I will not answer, not the creator.Sun Bo (drama director, actor) 1. Have breakfast.Video with parents.Pay close attention to weight, blood pressure, blood sugar.Participate in volunteers.24 hours with pets.Participate in cloud reading drama.Braised vegetables.2. Most of the work is stagnant, there is no performance and performance income, there are no tight work arrangements, and the number of WeChat telephones is less.3. Get up early and get up early to exercise.Participate in the preliminary work of creating a new play, waiting for resumption.4. Bath on the steps at the entrance of the theater for a while.5. I do n’t know yet. I hope that inspirations often come with new and better ideas.Hu Xuanyi (Youth Drama Writer, Director) 1, standing on tiptoe to pick up the courier delivered by the courier from the iron gate; think about what food to eat in 14 months in advance; ashamed for forgetting to wear a mask when you go out;.2. Although you can also discuss online, some ideas still need to meet to inspire each other.Although you can get information and write analysis before sitting down, of course, some things can only be understood by walking on the street.It seems that if you are forced to stand on a cliff, you will fall into drowning and isolation if you are careless.3. There was not much work stopped, but it was not normal work.Mainly in preparation for concentration.4. Go to the theater entrance to see how many people will continue to wear masks.5. It will be more urgent.He Qi (Youth Screenwriter, Director) 1. When you eat, you do n’t need to play dramas or variety shows.2. Because it is rare to stay in my hometown for such a long time, after reading a lot of books that I did n’t have time to read, I created very clear creative ideas for two new scripts.3, and then read more books!4. Rehearsal.5. No longer evading creation against the present.Liu Tianqi (Youth Screenwriter, Director, Actor) 1. Seriously study cooking and cooking.2. Can’t go out to work, and can’t learn and exchange majors with friends face to face.3. Reading, watching movies and training writing.4. Go back home to see grandpa and parents.5. Hurry up and feel a sense of urgency.Open up opportunities to pay tribute to medical staff!Sauna, Ye Zhen Liu Zhen pictures are provided by the editor Tian Ai Ni proofreading Chen Diyan

Post-epidemic economic policy thinking: return to the core logic of the economy and focus on development

Post-epidemic economic policy thinking: return to the core logic of the economy and focus on development
This report comes from the “Guanghua Thought Power” Macroeconomic Forecasting Paper Group of Guanghua School of Management, Peking University. It is written by Liu Qiao and Color.Liu Qiao is the dean of Guanghua School of Management and a distinguished professor of Changjiang Scholars of the Ministry of Education; the color is an associate professor of the Department of Applied Economics of Guanghua School of Management.Guide: 1.What kind of policy combination will help the Chinese economy break through after the epidemic?2.What happened to the core logic of the Chinese economy?3.What is the fundamental

difference between this round of new infrastructure and the four trillion yuan in 2008?4.Tax reduction, issuance of vouchers, supplements, how to activate corporate investment and residents’ consumption?5. How to break the pressure of “increasing expenditure and reducing income” brought about by the epidemic to the national finance?The new coronavirus pneumonia (COVID-19) epidemic that has raged since the end of 2019 has caused the Chinese economy to experience a storm in a storm.After experiencing the early retreat and loss of evidence of the outbreak, a country that has experienced various crises in the past has demonstrated strong organizational mobilization capabilities. The huge sacrifices of the people of Hubei and the high degree of cooperation and obedience of the people across the country have gradually strengthened us.The confidence to overcome the epidemic and effectively prevent the epidemic from continuing to spread.At present, the new coronavirus pneumonia has spread rapidly internationally, and there is even the possibility of a global epidemic. However, the overall internal prevention and control measures are improving, and the policy focus has gradually shifted from emergency measures against the epidemic to post-epidemic economic recovery.At the working meeting on February 23 to promote the prevention and control of the new coronary pneumonia epidemic and economic and social development, the highest level clearly pointed out that although the new coronary pneumonia epidemic has a significant impact on the economic operation, the long-term economic trend will not changeIt is necessary to make overall plans for the prevention and control of epidemic situations and economic and social development.Since then, the objectives of post-epidemic economic policy have been very clear: policies and policies need to fully hedge the impact of the epidemic on the economy, fight three major battles, do a good job of six stability, and ensure the realization of economic and social development goals;The policies implemented and implemented must deepen the supply-side structural reforms, promote China’s economic transformation momentum, optimize the structure, and change the growth model.Based on the above-mentioned multiple policy objectives, what kind of policy combination can help the Chinese economy break through after the epidemic?At present, many experts and scholars have put forward policy recommendations from different perspectives, which mainly use “guarantee growth” and “full-scale hedge against the impact of the epidemic on the economy” as a starting point, and adopt larger or even more radical economic stimulus policies, which is likely to become a consensus.We believe that when there are multiple goals in economic policy, the logic of policy design should be consistent with the principle of “incentive compatibility” in economics-which can solve the major problems that need to be solved urgently (steady growth to achieve short-term economic and social development goals), but notIt can lead to unexpected policy distortions (policy leads to the deterioration of long-term structural problems).According to this principle, combined with the reality that the core logic of China’s economy has changed, we should have new thinking about the policy combination and implementation path of China’s economic breakthrough after the epidemic.Specifically, economic policy discussions need to carefully analyze the impact of the epidemic on the economy and society to avoid “overhedging the impact of the epidemic on the economy” (hedging); the change needs to change the focus of the policy according to the changes in the core logic of the Chinese economy and choose a reasonablePolicy measures, grasp the policy strength and rhythm, and avoid unexpected results.Therefore, we believe that when formulating economic policies after the epidemic, we should grasp the core logic of the Chinese economy, adhere to the concept of expanding development, and return to the 19th National Congress of the CPC, the Fourth Plenary Session of the 19th Central Committee and the Central Economic Work Conference to achieve short-termGoals are compatible with long-term goals.What is the economic impact of the new coronavirus outbreak?As the initial country of the new coronavirus epidemic, China has effectively suppressed the spread of the epidemic through strong measures, but the epidemic has caused a huge distortion of the economy.The outbreak first hit the tertiary industry directly from the demand side.Among them, the industries most affected by transportation and storage, wholesale and retail, tourism, accommodation, catering, offline entertainment, agriculture, forestry, fishery and animal husbandry, together accounted for 36% of GDP.In addition, because the supply of factors needed to resume the production process was impacted by the epidemic, the flow of people, logistics, and capital was not completely closed, and the industrial chain and supply chain could not run smoothly. The impact of the epidemic on the economy has affected the supply side such as manufacturing, real estate, Import and export fields.According to the National Bureau of Statistics, China’s manufacturing purchasing managers index (PMI) was 35 in February.7, down 14 from January.3; Non-manufacturing PMI from 54 in January.1 to 29.6.The Manufacturing Purchasing Managers Index is a leading indicator highly correlated with GDP. Its February data indicates that China’s overall economic downturn may exceed expectations.Currently, experts, scholars and policy analysts are divided on the impact of the epidemic on the overall economy.Relatively pessimists even believe that China ‘s economic growth may be negative in the first quarter of this year. Without the support of expanded demand stimulus policies, the Chinese economy will achieve the replacements needed to double GDP in the decade of 2011-2020.5% -5.6% GDP growth will be difficult to achieve.Of course, the more general expectation in the market is that the impact of the epidemic on GDP growth in the first quarter will be 2-3 subdivisions, and the impact on expansion will be zero.Around 5 points.We believe that under the protection of active and effective policies (we will analyze what is positive and effective economic policies later), the epidemic will cause zero to the Chinese economy.The impact of the five factors is a reasonable estimate. The reasons are as follows: (1) Many scholars and policy analysts have calculated in detail the direct impact of the epidemic on transportation, wholesale and retail, tourism, accommodation, dining, offline entertainment, etcThe losses caused by the industry are on the scale of 1.3 trillion-1.Between 8 trillion yuan, considering that GDP counts value added rather than operating income, only a certain percentage of the business’s operating income can be classified as added value. Therefore, the actual GDP loss should be far less than 1.3 trillion-1.8 trillion; (2) When calculating GDP, the Statistics Bureau uses the income method for many industries, and even employees in these industries cannot be reworked or returned to work normally, or even their operations are interrupted, but the wages and taxes paid by the enterprise are still included in the GDP accounting, The reflected GDP deceleration is not as big as people feel (sorry, intuition is sometimes really unreliable!); ((3) Considering the impact of the hedging policy that is being and will be introduced one after another, after experiencing the economic backtracking in the first quarter, the economic data in the second and third quarters will rebound significantly, and the extent of the impact of the epidemic on the data involved may beFurther narrowed.0.The GDP losses of the five highest countries are roughly equivalent to those estimated by the International Monetary Fund (IMF).When democracy evaluated the impact of the epidemic on the global economy, the IMF said that the new pneumonia epidemic would transform.The global economic growth rate of 3% in 2020 is expected to decrease by 0.1 average.Considering that China’s economic scale accounts for about 16% of the global economy, 0.The five GDP declines in China correspond to approximately zero.One global GDP loss.Here we assume that the limited spread of the epidemic outside of China will also cause some economic losses.If 0.The estimates of the five exceptions are roughly reasonable, so China’s GDP growth rate will be 5 this year.At about 6%, economic growth is still within a reasonable range and can achieve two doubling strategic goals.Of course, it must be pointed out that our analysis predicts that the epidemic will not evolve into a global infectious disease.If the epidemic spreads globally and continues, then its impact on China and the global economy will be a terrible scene.In this case, the global supply chain and industrial chain will appear even longer, the global economic landscape will be completely disrupted, and this round of economy may even be forced to press the pause button.In this way, the impact of the epidemic on the economy will exceed the impact of the general public health events analyzed in the literature on the economy and society, and will have a continuous and profound impact on the global economy.Once such an extreme situation arises, China’s economic and social development goals will undergo major revisions, and the discourse system of our policy discussions will be completely different.Letting go of the extreme extremes temporarily, our overall judgment on the economic impact of the epidemic can get some empirical support from the response of the global capital market to the epidemic.Figure 1 illustrates the changes in the Shanghai Composite Index, Hang Seng Index and Dow Jones Industrial Index from January to February this year.As shown in Figure 1, the impact of the new coronavirus pneumonia outbreak was mainly to some extent before the epidemic spread in the world in late February.During this period, the stock market changes have two notable characteristics: First, the changes in the Hang Seng Index and the Shanghai Stock Exchange Index are highly coincident. During this period, after the one-time release of the impact of the epidemic on the stock market, the stock market showed an upward trend.The Shanghai Stock Exchange Index has almost returned to the level before the outbreak on February 20.Although the Hang Seng Index is not as good as the Shanghai Composite Index, the overall upward trend is very obvious before February 20; it needs to be pointed out that the impact of the new coronavirus epidemic in this period is mainly in China, and reports of rapid spread overseas have not yet appeared;The index had been adjusted within a narrow range at the end of January when the epidemic was turbulent, but the overall trend was stable, and it was significantly affected by the prevention and control of conflict epidemics by February 20.Obviously, the stock market from January 2 to February 20 gradually returned to the pre-epidemic level after the market panic caused by the epidemic was released at one time, indicating that the capital market believes that the impact of the epidemic on China’s economic fundamentals is basically controllableAfter the epidemic, China’s overall economic trend is expected to be good. The adverse effects of the epidemic will not change after the market digests it.Changes in the Dow Jones Index during this period also indicate that the global market believes that the epidemic has limited impact on the Chinese economy.Given the key fact that China is at the core of the global supply chain, we disagree with the judgment made by some analysts that China ‘s impact on the global economy is seriously overestimated.The frightened global market believes that the Chinese government has enough room for macro policy to hedge the impact of the epidemic. Because of this, the economic impact of the epidemic is short-term and relatively limited.The impact of the virus epidemic on the economy is an endogenous variable.The degree of its impact depends on the control of the epidemic and whether we adopt effective hedging policies.Our analysis above shows that if the epidemic does not develop into a global infectious disease, it will not pose a major threat to the achievement of China’s economic and social development goals.In this context, policy choices should avoid excessively increasing the GDP growth rate after the epidemic through flood irrigation.This excessive hedging has not only overdrawn the potential for future growth, but also added further structural dysfunctions in economic and social development such as the already highly serious leverage ratio and low return on investment capital.What happened to the core logic of the Chinese economy?After 40 years of rapid growth, the core logic of the Chinese economy is undergoing profound changes.The great success of China’s economy after reform and opening up can be explained according to modern growth theory.According to Robert the American economist?According to the “Solow Model” proposed by Robert Solow, a country’s economic growth can ultimately be attributed to the growth of factors (mainly including capital and labor) and the growth of total factor substitution (TFP).In terms of labor, in the past four decades, a large amount of labor has been continuously invested in China’s industrialization process, which has greatly promoted China’s economic growth.In terms of capital, we have invested in infrastructure, real estate, land, etc. to form supplementary fixed assets, and then use these assets as collateral to form bank credit, which has greatly promoted the expansion of social credit and accelerated the “monetization” and “capitalization” of the Chinese economy.”The degree provides a very scarce capital element for the Chinese economy.In terms of total factor advantages, the growth rate of long-term total factor conversion has maintained a very high growth rate due to the rapid advancement of industrialization.Comparing with the United States can explain the problem.The average growth rate of the total factor curve during the centuries of industrialization in the United States from 1870 to 1970 was 2.1%; and China has performed very well in the past 40 years. From 1980 to 1989, the average annual growth rate was 3.9%; the growth rate from 1990 to 1999 was 4.7%; the average annual growth rate from 2000 to 2009 was 4.4%.Of course, during the period of 2010-2018, the growth rate began to appear, and it dropped to about 2 per year.At around 1%, the decline of the previous full-factor gradual growth rate at this stage is closely related to China’s basically completed industrialization progress.At present, against the background that China’s industrialization process is almost over, the core logic of China’s economic growth is changing.Growth based on the intake of a large number of factors becomes unsustainable, and the driving force for growth is shifting toward the full factor.China’s total factor forecast level is now equivalent to about 43% of the United States.According to our calculations, by 2035, when China basically realizes socialist modernization, China’s TFP level will only reach 65% of that of the United States. It will also require the annual growth rate of the total factor orientation to exceed the United States.95 averages, that is, need to maintain 2 per year for the next 16 years.5% -3% growth rate.This is a big challenge facing the Chinese economy, because in the history of the global economy, we have not found that some countries can still maintain after completing the industrialization process.The annual growth rate of all elements above 5% is essential.We believe that China has many favorable structural factors in promoting TFP growth.First of all, the “re-industrialization” of the Chinese economy, that is, through the “digital transformation of the industry”, using Internet big data and artificial intelligence to drive the transformation of the industry, can bring room for improvement in total factor transformation (TFP).Second, “new infrastructure”-“infrastructure required for re-industrialization”.Around the industrial transformation, the construction of supporting infrastructure for industrial Internet, such as 5G base stations, data centers, cloud computing equipment, etc., will drive the growth of TFP.Third, big country industry.Up to now, although China has built the most complete industrial category in the world, it has not been able to form a “closed loop” on key components or technologies, and there is still room for development in the industry of major countries.In the future, the development of such civil aviation, aircraft engines, integrated circuits, etc. will provide the possibility of highlighting all factors.Fourth, more thorough reforms and the improvement of resource allocation efficiency brought about by opening up.In addition to technology, “further reforms” and “higher openness” can create an institutional dividend space and create the miracle of “maintaining a higher growth rate of total factor transformation (TFP).”For a modern economy, empirical research shows that the growth of total factor growth generally contributes more than half of economic growth.If China can create another economic miracle and achieve gradual development, the growth rate of the total factor forecast will be maintained at 2.More than 5%, then we may be able to achieve a long-term economic growth of about 5%-this is the biggest change in the core logic of China’s economy.Changes in the core logic of the Chinese economy are also reflected in other areas.For example, China’s industrial structure is undergoing tremendous changes.In 2019, our tertiary industry accounted for 54% of GDP, contributing nearly 60% of GDP growth.In addition, consumption, rather than investment in fixed assets, has become the most important momentum for the economy-in 2019, consumption has driven 57.The economic growth of 8% clearly exceeds investment 31.2% contribution to growth.At present, the overall agricultural GDP accounts for only more than 7%, but agriculture uses 27% of the labor force.By 2035, the proportion of agriculture in the past will replace about 3%, and the proportion of agricultural employment in the labor force is only 4%.In the next 16 years, 20% to 25% of the employed population in developing countries will need to flow from agriculture and low-end manufacturing to high-end manufacturing and services.Large-scale labor will be reconfigured, while changing the economic pattern and growth logic.We are facing the severe challenge of an aging population.According to our calculations, the proportion of China ‘s population over 65 years old will reach 23% by 2035, and the aging population will deteriorate, leading to changes in the consumer side. More and higher health care, pension, wealth management, social security systems, etc.Requirements; reduction, the aging of the population means a reduction in the savings rate, which poses a huge challenge for us to maintain a high investment rate in the future, and shakes the foundation of the model that we are used to using investment to drive growth.The pattern of income distribution will also change dramatically in the future.China’s current Gini coefficient is 0.467, the income of the population in the bottom 50% of income distribution accounts for only 15% of the total income, and the “per capita real income of the top 10% of income group” is 14 times that of the bottom 50% group.This ratio is much higher than France (7 times) and slightly higher than the US income gap level (18 times).If our future growth cannot achieve inclusiveness and inclusiveness, if we cannot allow a reasonable income growth of the large middle-income population and benefit the low-income population from economic and social development, our awareness of awareness and marketWill economic cognition fundamentally reverse in the future?Will anti-intelligence, anti-corruption, and anti-market economy sentiment gradually spread?The distribution of national income between the country and enterprises and individuals is uncertain and reasonable now. The reasonable disposable income of Chinese in 2019 is only a little over 30,000 yuan, with an average of 2,500 yuan per month, and our per capita GDP is close to 70,000 yuan.Does the distribution structure of income among countries, enterprises, and individuals help support consumption growth?Moreover, our current peak consumption of manufacturing products is coming to an end, and service consumption demand is rising.The epidemic also reflects the serious shortage of public health services. In fact, from low to high, insufficient supply of various types of service industries is a prominent structural problem facing the national economy.Look at the urbanization rate.By 2035, China’s urbanization rate may increase from the current 60% to 75% or even 80%.The advancement of urbanization can indeed bring a lot of investment opportunities, but we must be clear about the future flow of investment and improve the efficiency of investment.There is an important finding in our research: At present, about 88% of the population of prefecture-level cities in China is actually seriously insufficient-the actual population is less than 40% of the optimal population in the economic sense.The population is insufficient, the service industry is difficult to develop, and new industries are difficult to emerge; more importantly, a large number of real estate, infrastructure, public services and other investments that are accompanied by urbanization cannot be too efficient, and blind large investments eventually becomeInvalid investment.The proportion of China ‘s R & D GDP has exceeded 2.19%, reaching the average level of high-income countries.However, our large-scale R & D invests heavily in R & D, and the investment in basic scientific research only accounts for less than 6% of the R & D scale-without a large amount of basic science and feasible technology, it is difficult for us to play the key technologyThe dependence of other countries forms a relatively closed loop in the industrial supply chain.China ‘s per capita capital stock (including construction) is currently only a substitute for high-income countries to one-half, which means that we still have a lot of investment space in the future, but the decline in the savings rate brought about by the aging population opens up our future.Maintaining a high investment rate brings challenges.The micro-foundation (enterprise) of the Chinese economy is facing a high debt ratio (non-financial corporate debt is as high as 1% of GDP.More than 5 times) and the low return on investment capital (the average ROIC of A-share listed companies in the past 21 years is only 3%).To increase the return on investment capital (ROIC), the dependence of scale on a growth model that uses debt to drive a high investment rate needs to be solved.Among them, the corporate tax burden and the structural dysfunction of the business environment are one of the main reasons why the company’s ROIC is not high.China’s rapid economic development in the past four decades has benefited from actively participating in the division of labor in the global industrial chain.However, our current position in the global industrial chain is not high.The upstream level of China’s overall value chain (the proportion of domestic intermediate exports in total exports is an example of the proportion of foreign intermediates included in domestic exports) is only 0.01, lower than the average of forty open economies 0.04, is far below the upstream level of the US value chain (0.29).This shows that China’s position in the global industrial chain is not ideal, and key components and technologies are still subject to other countries.The above changes in the core logic of the Chinese economy remind us that when considering the current post-epidemic economic recovery policy, we should not retreat because of the short-term impact of the epidemic, and then take the old road of replacing water to stimulate flood irrigation; we should fully absorb thisLessons from the impact of the epidemic, reflecting on the core shortcomings of the economic system, focusing on the core logic of economic development, and formulating a policy combination that complies with the principle of economic compatibility of incentives, can achieve the policy goal of winning the well-off in the short term, but also for the long-termSustainable development, to achieve the major strategic goals of 2035 and 2049 and the basis for replacement.This time, the policy thinking should be a little different. There are now two Chinese economies: one is the Chinese economy, which is reflected in the scale and growth of GDP, and is currently undergoing a huge change in growth rate, kinetic energy, and mode; the other is reflected in the economy.China’s economy at the level of social structure-forecast growth rate with total factors, industry and employment structure, microeconomic vitality, income distribution pattern, residents’ quality of life, global value chain positioning, R & D intensity and innovation capacity, return on investment capital (ROIC)Wait for presentation.In the context of changes in the core logic of the Chinese economy, the economy reflected on the level of economic and social structure more truly reflects China’s economic and social development.Back to this round of new coronavirus epidemic.The overall expectation of epidemic prevention and control is good. Our previous analysis also shows that the impact of the epidemic on China’s economy is controllable, and a large probability will not pose too much uncertainty to the realization of China’s economic and social goals.According to this analysis, combined with the changes in the core logic of the Chinese economy, our scale is that the logic of this round of economic policy should be different from the past-its focus should be placed on the structural impact of the hedging epidemic on the Chinese economy.Because of the change in the core logic of the Chinese economy, the impact of this epidemic is more manifested in two aspects: (1) the impact on economic micro-funded enterprises, especially small and medium-sized enterprises; (2) the impact on employment.It is not only about efficiency, but also about people’s livelihood.The focus of economic policy during the epidemic is to help small, medium, and micro enterprises to overcome difficulties; and the focus of post-epidemic policies should be on responding to changes in the core logic of China’s economy, and introducing corresponding policies around the growth rate of improving the performance of all factors.Our policy recommendations are based on an analysis of the economic impact of the epidemic and changes in the core logic of China’s economy. Our economic policy recommendations on the breakthrough of the Chinese economy after the epidemic revolve around the following aspects: 1. Infrastructure and new infrastructure.China’s GDP growth rate is 6 in 2019.1%, but the growth rate of infrastructure investment is only 3.8%.After the outbreak of the economy, it is a natural policy choice to increase the scale of infrastructure investment.There is still room for development of traditional infrastructure, but infrastructure investment after the epidemic should also avoid returning to the old path of stimulus policy-because the local government’s fiscal behavior lacks constraints, the financial system assumes the “quasi-fiscal” function, and the implicit guarantee mechanism of state-owned enterprisesThe existence of many drawbacks of industrial policies has caused problems such as local government debt, increased risk of bad loans from banks, and large-scale overcapacity.(1) The “new infrastructure” surrounding “re-industrialization” involves industrial transformation and the construction of infrastructure supporting the industrial Internet, such as 5G base stations and data centers.The biggest challenge facing the Chinese economy is to maintain the growth rate of the advantages of all factors.”Re-industrialization” (Industrial Internet) and “new-type infrastructure” around re-industrialization promote the growth of TFP.From the perspective of 5G construction needs, the “macro station + small station” network coverage model will be adopted. In 2017, the baseline 4G base station reached 3.28 million, and the total number of 5G base stations will be 4G base station 1.1-1.5 times.If there are 4.75 million macro stations and 9.5 million small stations in the future, it is expected that the scale of 5G infrastructure investment will reach 1 by 2026.15 trillion, of which about 230 billion will be added in 2020.5G itself indirectly drives various sectors of the national economy through inter-industry connections and ripple effects.Therefore, based on the expenditure budget table and the degree of correlation between various industries, we measured the direct impact of the three major sectors on GDP and indirect conversion.It is estimated that by 2030, 5G is expected to drive the direct replacement of 3.4 trillion, indirect initialization 6.2 trillion.Following the calculation of the value added rate of each industry in the 2017 budget formulation, converted to value added caliber, 5G will directly drive GDP1 in 2030.3 trillion, indirectly pulling 2.1 trillion, total 3.4 trillion.(2) Out of the need to cope with changes in the core logic of the Chinese economy, “new infrastructure” must involve infrastructure investment related to people’s livelihood, such as old city renovation, rental housing, and investment in urban public facilities.The large-scale construction of infrastructure such as urban renewal can drive many considerable investments.Most of the old communities have poor living conditions and incomplete supporting facilities, which has seriously affected the living standards of residents and urgently needs to be reformed.According to statistics, there are 170,000 residential areas in need of renovation throughout the country, involving a construction area of 4 billion square meters.It is understood that the current capital investment in the renovation of old communities in various pilot cities shows that the average capital required for the renovation of each community is about 8.5 million yuan, and the required capital for renovation is 280 yuan per square meter.On average, two calculation methods can get that old communities will drive investment by about 1.3 trillion, if promoted in five years, 260 billion new investment can be made every year.In addition, renting a house is also really related to the direction of people’s livelihood investment. At the same time, it solves the housing problem of low-income families, promotes the formation of multi-subject supply, multi-channel protection, and the construction of a long-term real estate mechanism.”The central decision.(3) Similarly, “new infrastructure” also involves infrastructure construction and public service facilities in central cities and metropolitan areas.By promoting infrastructure integration and equalization of basic services, the urban agglomeration effect and the optimal population size that the city can accommodate are expanded, the formation of a unified large market is promoted, more people are substituted for the “market”, and the per capita income is achieved through agglomerationGrowth, through clustering to achieve the complementary development of the differences between the central city and surrounding towns, and ultimately narrow the development gap.And this emerging epidemic has exposed the deficiencies and shortcomings in urban infrastructure and public services, and it needs urgent improvement to improve the governance capacity of central cities.2. Continue to reduce taxes for enterprises.As mentioned earlier, one of the biggest changes in the core logic of the Chinese economy lies in enhancing the vitality transformation of enterprises, especially private enterprises.The new crown pneumonia epidemic has brought breakthrough impacts to enterprises, especially small, medium and micro enterprises, and adjustments that violate policies are also an important means to help enterprises overcome difficulties.We believe that the corporate expansion has been repeatedly lowered, and we can consider lowering corporate income tax to further reduce the burden on enterprises.In 2018 and 2019, the rate has been lowered. In 2019, tax cuts and fees will be reduced by more than 2.3 trillion, the main tax cut is expected.In response to the epidemic this year, the central government further reduced the tax rate for small-scale taxpayers from March to May from 3% to 1%, and exempted Hubei Province for 3 months.However, the income tax base is business income, which is a turnover tax shared by consumers; while corporate income tax is a tax on net profit.If the business is affected by the epidemic and its turnover increases, reducing the bail-out effect on the enterprise is not as good as reducing the company’s income, because the merger will directly increase the company’s retained profits.We recommend lowering the tax rates of all files at the same time, for four reasons: First, the current corporate income tax tiering method itself includes preferential benefits for emerging companies, integrated circuits and other enterprises that need the state ‘s key support.Treating or distorting industrial structure incentives for the first time in bins.Second, the epidemic has affected multiple industrial chains. Considering only a certain industry exemption.Third, Wuhan ‘s three pillar industries are optoelectronic information, automobiles and parts, biomedicine and medical devices. If you consider supporting these industries, you can directly increase the support for Hubei.Fourth, there is no public data on the proportion of each enterprise’s income in the enterprise’s proportional points, but some complicated calculations will not be accurate enough.We recommend that all filed corporate income tax rates be lowered by 20% in the next 3 months, and the general corporate income tax rate will be reduced from 25% to 20%.Since the scale of Hubei ‘s corporate income tax accounts for only 3% of the national scale, the sensitivity to the calculation of Hubei ‘s special preferential treatment in the adjustment of tax rates can be ignored.According to the total amount of national corporate income tax in March-May 2019 of 1,284 billion US dollars, assuming that the national corporate income tax budget for March-May 2020 remains unchanged, the tax savings for enterprises can be 12848 × 20% = 257 billion US dollars.In terms of the ratio of the central government and local governments to pay corporate income tax, 2018 data shows that the central government is 63% and the local government is 37%.And this ratio has not fluctuated much in recent years.Therefore, for the tax cut, the impact on the central government budget is 2570 × 63% = 161.9 billion, the impact on local finance is 2570 × 37% = 95.1 billion, and the financial impact on Hubei Province is 951 × 3% = 28.53 billion.3. Reward low-income people and stimulate consumption potential.Considering that consumption has become an important driving force for China’s economic growth, post-epidemic policies should pay special attention to counteracting the impact of the epidemic on residents’ consumption power and consumer confidence.The months of epidemic prevention and control have greatly suppressed the normal consumption demand of residents.Although the consumption of residents has budget flexibility, the recent epidemic has affected regional shifts, delayed the time for resumption of work, and residents’ disposable income may be significantly reduced. It is expected that the rebound in consumption after the outbreak will be less than expected.The restoration of residents’ consumption power and consumption confidence is not only related to the realization of the goal of winning the well-off society this year, but also can effectively promote the promotion of the medium- and long-term gradual development strategy.In this regard, we believe that the most direct way to stimulate consumption potential is to subsidize low-income people through tax cuts and subsidies.First, we can consider raising personal income tax thresholds, lowering tax rates and other ways to stimulate residents’ consumption.In a critical year for the realization of a well-off society in an all-round way, the government can increase tax cuts to further reduce personal income and stimulate consumption to reduce the impact of the epidemic on economic growth.In 2019, the individual tax reform raised the starting point, widened the low tax rate tax file, added special additional substitutions, and greatly optimized the tax rate structure.In view of the reduction of personal income tax, we believe that it is necessary to increase tax cuts for middle- and high-income groups, increase the threshold, and lower the tax rate.In the case of keeping the tax rate range unchanged, the lower threshold will be increased from 5,000 yuan / month to 6,000 yuan / month, a reduction of 3.60,000 yuan / year to 14.The withholding rate for each tax file of 40,000 yuan / year is 1%, 14.The tax withholding rate for each tax file from 40,000 yuan / year to 660,000 yuan / year is reduced by 3%, and the portion over 660,000 yuan / year is reduced by 5% (see the retrospective for details)Combining the statistical data of the Sinaapp survey and Zhang Lianqi’s calculation, the number of taxpayers before the adjustment of the tax threshold in 19 years was 1.8.7 billion people, the adjusted number of taxpayers is about 63.75 million.We estimate that the actual taxpayer population in China accounts for about 20% of the employed population.If the threshold for tax payment is raised to 6,000 yuan per month, the number of taxpayers nationwide will be reduced by 16.09 million, thus reducing the total income collection of 292.6 billion personal income (see replacement for detailed calculation).After recalculating the number of cancellations and the number of taxpayers after each tax reform, the 5000-6000 yuan / month employee will be exempted from paying personal income, reducing personal income by about 86.900 million yuan.Those with monthly incomes ranging from 18,000 to 31,000 yuan per month have the highest budget for levy reduction, reaching US $ 117.4 billion.Second, the policy of consumer vouchers may be considered to supplement low-income employed people and promote domestic demand replenishment.We recommend supplementing consumer voucher subsidies to low-income employed people who are severely affected by the epidemic, and sloping towards Hubei Province, where the epidemic is severe, to distribute consumer vouchers to all employees in Hubei Province.The consumption voucher policy can convey the confidence of the people to fight against the epidemic and call for a total of hardships.By providing supplements to compensate for the increase in income caused by the impact of the epidemic, guarantee basic living and stimulate consumption.The issuance of consumption vouchers may be a subsidy policy to the Hong Kong Special Administrative Region Government. Hong Kong intends to distribute 1 million in cash subsidies to citizens aged 18 or above.The total population of Hong Kong is 750.70,000 people, it is estimated that there are about 7 million people aged 18 or above, with a total expenditure of about 70 billion reconstructions. The total financial revenue of the Hong Kong government in 2018-2019 is 599.7 billion reconstructions, the total expenditure is 531.8 billion degraded, and the surplus is 67.9 billion reconstructions.Therefore, this “consumption coupon” expenditure is expected to have relatively limited fiscal revenue and expenditure pressure.Due to the set purpose, Hong Kong’s consumer voucher policy is difficult to ensure that consumer vouchers directly cover the consumption, and the effectiveness of the policy is greatly discounted.We have the following suggestions for the policy of issuing “consumer vouchers”: they cannot be issued by the whole population, and they need to be directed to specific groups of people.In 2019, the population of the country is 14 billion people. If the consumption vouchers are issued with a standard of 1,000 yuan, it will need up to 1.About 4 trillion yuan will greatly increase the financial burden.We recommend supplementing the employment population that is affected by the epidemic’s increased income and has a heavy burden on people’s livelihood, which can help people who are impeded by the epidemic to overcome difficulties, maintain social stability, and stabilize consumption.We recommend that the consumer voucher policy consider tilting to key areas (regions with severe epidemics such as Hubei).Hubei Province is a severely affected area. To date, the prevention and control of the epidemic situation is still the most important work in Hubei Province. The restoration and replacement of enterprises has seriously affected the income level of local residents.All members of the crowd issued coupons.We recommend that the amount of the voucher is 1,000 yuan.Adopt the Hong Kong approach and pay according to the monthly minimum wage standard in Mainland China.According to the national minimum wage standard issued by the Ministry of Human Resources and Social Security in 2019, Shanghai ‘s monthly minimum wage of 2480 yuan ranks first in the country, and Qinghai province has the lowest. The minimum wage is 1500 yuan, of which Hubei ‘s standard is 1750 yuan.At present, all parts of the country have begun to actively resume production and production. The cycle that really affects the production and income of residents can be changed to 2-3 weeks. Therefore, it is appropriate to issue consumer vouchers according to about half of the minimum monthly wage standard (that is, 1,000 yuan).Aiming at the consumption voucher subsidy policy, the cash vouchers were used to release the consumption vouchers of 1,000 yuan, and the consumption vouchers were distributed to all employees in Hubei Province. The country ‘s low-income working people except Hubei accumulate consumption vouchers.According to data from the Ministry of Human Resources and Social Security, the number of employed people in China reached 7 in December 2019.747.1 billion people, labor participation benefits7.7471/14 = 55.33%.If the low-income group with a monthly income of less than 3,000 yuan is recognized as the working population, it is estimated to be 2, and this group accounts for 31%.Therefore, it is estimated that, except for Hubei, low-income employed people are about (14-0.5917) × 55.33% × 31% = 2.With 299.9 billion people, the employed population in Hubei Province is about 3273.880,000 people.Therefore, the amount of subsidies for consumer coupons is: the amount of compensation for low-income employed people except Hubei + the amount of subsidy for employees in Hubei Province = 22999180,000 × 1000 yuan +3273.880,000 × 1000 yuan = 2627.3.1 billion.The fiscal policy is more proactive and effective. The various types of tax reduction and supplementary policies under the impact of the epidemic have brought pressure on the government to increase expenditure and reduce revenue. Stabilizing the economic development infrastructure also requires financial support.We suggest that we can actively explore various financing channels, reduce local government debt pressure and financial system risks, and avoid increasing infrastructure investment to aggravate structural problems.1.Increase the issuance of special bonds.Special debts can become a major source of financial strength.Our recommendations: First, expand the issuance of special bonds to 3 in 2020.5 trillion yuan.In 2019, new special debt was increased by US $ 2.1297 trillion. In order to cope with the steady economic growth of the epidemic, we recommend that the special debt issue limit can be expanded to 3.5 trillion yuan, about 1 more than last year.4 trillion or so.Second, increase the proportion of special debt invested in infrastructure.In the past, land reserves and shantytown renovations were the main investment in special debts, with only 26% invested in infrastructure.We believe that it is possible to adjust the structure of special debts and expand the proportion of investment in infrastructure to support policy-driven infrastructure.20% of the scale of special bonds can be used as capital for major projects to exercise the leverage of leveraged funds.If the proportion of infrastructure investment can reach 40%, and about 30% of them can meet the requirements of major projects, and the proportion of project capital is 20%, then 1 unit of special debt can be leveraged.88 units of infrastructure investment (0.4 × 0.3 × 5 + 0.4 × 0.7 = 0.88), special debts invested by one unit in infrastructure can be pried 2.2 units of infrastructure investment (0.3 × 5 + 0.7 = 2.2).If the specific debt issuance quota is expanded to 3 in 2020.5 trillion, the scale of capital invested in infrastructure can reach 1.4 trillion (3.5 × 0.4 = 1.4), an increase of about 800 billion in infrastructure construction compared to last year.08 trillion in infrastructure investment.2. It can give full play to the role of housing provident fund in infrastructure construction.At the end of 2018, the balance of the housing provident fund payment supplemented the balance of personal housing debts and other balances of about 800 billion. We believe that the plan for the reform of the provident fund system can be formulated as soon as possible to guide the provident fund to participate in the supply-side construction.By the end of 2018, the housing provident fund had delivered 872 to 373 affordable housing construction pilot projects.1.4 billion loans.We believe that in 2020, some of the idle funds of the provident fund can be appropriately revitalized, and the surplus fund of about 200 billion yuan can be used to allocate pilot project loans to support the renovation of old communities, house leasing, affordable housing and urban infrastructure.3. Consider vigorously promoting infrastructure real estate investment trust funds.The sources of China’s infrastructure investment funds are mainly financial expenditures and bank debt, and the securitization rate is very low.The use of REITs can revitalize China’s huge infrastructure stock assets, recover early investment, reduce the leverage ratio of enterprises and local governments, and allow more social capital to participate.As of 2017, the cumulative investment in long-term infrastructure is 113.68 trillion yuan, if we can encourage and promote infrastructure REIT in China, the securitization rate of 1% can reach a trillion-scale market scale.Existing real estate investment trust funds can give priority to supporting municipal projects such as railways, toll roads, trunk airports, water, electricity, steam and heat, infrastructure management such as pollution control, storage and logistics, new types of infrastructure such as information networks, and high-tech industrial parks andCharacteristic industrial parks, etc.Among them, the cash flow of toll roads is stable, and it is a suitable basic asset of REITs. The investment in construction gradually has reached 8.23 trillion.If we can focus on promoting the construction of infrastructure REITs this year, the toll road sector will achieve a securitization rate of 1%, which can revitalize about 80 billion of funds.Infrastructure real estate investment trust funds can gather key regions, key industries and high-quality assets with higher yields.We make the following suggestions: First, accelerate the pilot of promoting public offering infrastructure REITs.Judging from overseas experience, stricter access conditions for basic assets are an important change in the success of market development, and a high-quality savings infrastructure with stable cash flow growth should be selected.Second, preferential carbon dioxide.It is recommended that the regulatory department provide supporting support in terms of corporate income, revenue, and stamp tax based on the characteristics of infrastructure public “IT, public use, public revenue”.4. Consideration may be given to appropriate transfer of equity of listed state-owned enterprises.At present, there are 3799 A-share listed companies, of which 1104 are central and local conventional enterprises, with a total market value of 27.5 trillion, accounting for 40% of the total market value of A shares.6%, the annual progressive dividend always accounts for the market value.2%.In 2019, the State Council has completed the work of fully promoting the transfer of some domestic capital to enrich the social security fund. The transfer rate is unified to 10% of the company’s conventional equity. During the implementation process, it has accumulated transfer experience and achieved results.We suggest that you can consider appropriate accounting for the equity of listed state-owned enterprises and obtain equity dividends to supplement the fiscal deficit and ease the pressure.If the transfer of about 10% of the equity of state-owned enterprises is unified, the market value can be transferred2.75 trillion yuan, 60 billion yuan in dividends can be distributed every year.5. If necessary, consider issuing special government bonds.In the past year, special bonds were issued twice in the past year: 270 billion special bonds were issued in 1998 to supplement the capital of the four major banks in response to the 1997 Asian financial crisis; in 2007, 1 was issued.55 trillion special government bonds were used to establish CIC companies.We believe that under the current epidemic situation, there is uncertainty about economic growth.If the economy is severely damaged, it is necessary to increase counter-cyclical adjustment to stabilize the economy.In order to cope with the fiscal gap in which government revenue declines and increases in expenditure, especially its national debt indicators, the long-term feature is a variety of ideal ways of financing the fiscal revenue and expenditure gap.Due to the rising demand for long-term rapid economic development and inflation, it is possible to consider issuing about 2 trillion special national bonds if necessary.In the face of the impact of the epidemic, we need to strengthen the counter-cyclical policy hedging force to stabilize the economy, but we must also take the old road of flooding again, and we need to make appropriate adjustments to the growth target according to the impact of the epidemic at home and abroad.At present, the epidemic situation in many countries around the world is intensifying. If the spread of the new coronavirus is a major global event, its impact may be similar to the financial crisis of 1997 and 2008, resulting in accelerated economic growth in many countries and reduced external demand, which will have a serious impact on internal exports.Therefore, in the short term, we need to strengthen countercyclical adjustment, increase tax cuts and supplement efforts, make fiscal policies more proactive, and monetary policies more flexible and appropriate.However, we believe that when China’s core growth logic changes, it should pay more attention to structural issues when facing crises.In the early stage of the outbreak, the MLF has gradually cut interest rates in time, and a large number of reverse repurchase operations have provided redundant liquidity support. We believe that at this time, cross-flow flooding will occur, and even the real economy should be supported by precise measures to meet the needs of the real economy.Real credit needs.In order to ensure the long-term healthy growth of the Chinese economy, the growth target for the current year can be lowered appropriately to 5.5%, thereby formulating policies that are more scientific and consistent with the core logic of economic development.Editor Zhao Ze proofreading Li Ming