论文部分内容阅读
100 Years of Vicissitude
Xinmin Weekly
Issue No. 1， 2020
In the early 1920s， China was confronted by the challenge of saving the country and protecting its people. It is no exaggeration to say that China had existential crises to deal with over 100 years ago. After the New Culture Movement （May Fourth Movement） in 1919， Marxism gradually became mainstream. After that， the birth of the Communist Party of China became a great turning point for the destiny of the Chinese nation.
Entering the 2020s， China will completely eliminate absolute poverty and build a well-off society in an all-round way， which is an unprecedented moment in the Chinese history.
Since modern times， China has never been so close to such a great revival. The great rejuvenation of China is not restoration to one of the most prosperous periods in its history， but to achieve the modernization goal that the Chinese people have been striving for in modern times. China will certainly make more contributions to the world.
For China， 2020 is the decisive year for building a moderately prosperous society in all respects and the last year of its 13th Five-Year Plan period. It will see achievement of the first centenary goal， and will embark on a new journey to strive for its second centenary goal and comprehensively build a modern socialist power. This is bound to be a landmark year.
Life Trend Report 2020
New Weekly
Issue No.1. 2020
The year 2020 was seen as a distant era described as the“future” in many science fiction themed content， and will see such developments as Mars exploration， bio-robots， selfdriving， gene editing， mixed reality， face recognition... highlighting the whimsical thinking that has penetrated into our daily lives through science and technology.
This is also a time when human beings face severe challenges – climate crisis， regional conflicts， populism， gender stereotypes， aging populations， and more， all interconnected under the catalysis of globalization.
During the third decade of the new century， in the face of the hi-tech reality， will humankind usher in a highly civilized era or be mired in a technological dystopia？ If the only difference between humans and animals is that people can use tools， then the differences between humans and robots may be insomnia， loneliness， baldness， and imagination that can change the more distant future. After all， artificial intelligence is a “perfect species” that has successfully been proven to be harmful to humans. To resolve our conflicts with the environment， society， and ego， we need to truly accept ourselves and others. This is the only weapon against the dilution of human nature by technology.
Global Competitiveness
China Economic Weekly
Issue No 24， 2019
The year 2019 marked the 70th anniversary of the founding of new China. Through the whole journey， Chinese enterprises of all types grew at an impressive rate. Especially during the four decades of reform and openingup， Chinese enterprises have achieved leapfrog development， realizing a historic change from small to large， and begun to venture abroad.
In 2019， Chinese companies， braving challenges， achieved outstanding results. For instance， Huawei’s mobile phones topped France’s best mobile phones list 2019. JD.com overcame transportation difficulties to create the“China speed” of logistics in its distribution in Indonesia. CITIC Dicastal participated in the revision of international wheel technology standards， allowing Chinese auto parts companies to move to the high end of the value chain. “Made in China”blossomed， “China Service” was praised frequently， and “Chinese Standard” carved out its own space.
The international influence of Chinese companies has continued to expand， as their international standings increased significantly， innovation ability reached a new high， and the industrial structure optimized. Judging from the industrial structure of the top 500 Chinese companies in 2019， large enterprise groups continue to move towards the mid- to high-end of the industrial chain.
Debate on Spring Market
Weekly on Stocks
Issue No.1， 2020
China’s A-share market ushered in a good start in 2020. Kweichow Moutai， as a benchmark for value investment， suffered a severe stock price fall due to the poor performance in 2019， and with funds bolting for safety. The cumulative turnover on January 2 and 3 reached RMB 30.966 billion. In these two trading days， the market value of Kweichow Moutai has evaporated by more than RMB 130 billion.
In the coming spring， who will be the market leader？
In fact， the consumer oriented sector led by Kweichow Moutai and the technology front represented by the 5G-related firms were the brightest stars in the A-share market in 2019. Are they still worth sticking to in 2020？ And In the fields of banking and medicine， the brewing situation hints towards enhanced value.
With the acceleration of the internationalization of A-shares， the continuous inflow of overseas incremental funds is also a boon to the banking sector. In the future， there will be changes and transformation within the banking sector. Opportunities will increasingly focus on compelling companies such as China Merchants Bank and Ping An Bank. Some banks that lack unique characteristics and competitiveness will gradually be marginalized. Investors should pay attention to the long-term certainty of the configuration value of banks.
Xinmin Weekly
Issue No. 1， 2020
In the early 1920s， China was confronted by the challenge of saving the country and protecting its people. It is no exaggeration to say that China had existential crises to deal with over 100 years ago. After the New Culture Movement （May Fourth Movement） in 1919， Marxism gradually became mainstream. After that， the birth of the Communist Party of China became a great turning point for the destiny of the Chinese nation.
Entering the 2020s， China will completely eliminate absolute poverty and build a well-off society in an all-round way， which is an unprecedented moment in the Chinese history.
Since modern times， China has never been so close to such a great revival. The great rejuvenation of China is not restoration to one of the most prosperous periods in its history， but to achieve the modernization goal that the Chinese people have been striving for in modern times. China will certainly make more contributions to the world.
For China， 2020 is the decisive year for building a moderately prosperous society in all respects and the last year of its 13th Five-Year Plan period. It will see achievement of the first centenary goal， and will embark on a new journey to strive for its second centenary goal and comprehensively build a modern socialist power. This is bound to be a landmark year.
Life Trend Report 2020
New Weekly
Issue No.1. 2020
The year 2020 was seen as a distant era described as the“future” in many science fiction themed content， and will see such developments as Mars exploration， bio-robots， selfdriving， gene editing， mixed reality， face recognition... highlighting the whimsical thinking that has penetrated into our daily lives through science and technology.
This is also a time when human beings face severe challenges – climate crisis， regional conflicts， populism， gender stereotypes， aging populations， and more， all interconnected under the catalysis of globalization.
During the third decade of the new century， in the face of the hi-tech reality， will humankind usher in a highly civilized era or be mired in a technological dystopia？ If the only difference between humans and animals is that people can use tools， then the differences between humans and robots may be insomnia， loneliness， baldness， and imagination that can change the more distant future. After all， artificial intelligence is a “perfect species” that has successfully been proven to be harmful to humans. To resolve our conflicts with the environment， society， and ego， we need to truly accept ourselves and others. This is the only weapon against the dilution of human nature by technology.
Global Competitiveness
China Economic Weekly
Issue No 24， 2019
The year 2019 marked the 70th anniversary of the founding of new China. Through the whole journey， Chinese enterprises of all types grew at an impressive rate. Especially during the four decades of reform and openingup， Chinese enterprises have achieved leapfrog development， realizing a historic change from small to large， and begun to venture abroad.
In 2019， Chinese companies， braving challenges， achieved outstanding results. For instance， Huawei’s mobile phones topped France’s best mobile phones list 2019. JD.com overcame transportation difficulties to create the“China speed” of logistics in its distribution in Indonesia. CITIC Dicastal participated in the revision of international wheel technology standards， allowing Chinese auto parts companies to move to the high end of the value chain. “Made in China”blossomed， “China Service” was praised frequently， and “Chinese Standard” carved out its own space.
The international influence of Chinese companies has continued to expand， as their international standings increased significantly， innovation ability reached a new high， and the industrial structure optimized. Judging from the industrial structure of the top 500 Chinese companies in 2019， large enterprise groups continue to move towards the mid- to high-end of the industrial chain.
Debate on Spring Market
Weekly on Stocks
Issue No.1， 2020
China’s A-share market ushered in a good start in 2020. Kweichow Moutai， as a benchmark for value investment， suffered a severe stock price fall due to the poor performance in 2019， and with funds bolting for safety. The cumulative turnover on January 2 and 3 reached RMB 30.966 billion. In these two trading days， the market value of Kweichow Moutai has evaporated by more than RMB 130 billion.
In the coming spring， who will be the market leader？
In fact， the consumer oriented sector led by Kweichow Moutai and the technology front represented by the 5G-related firms were the brightest stars in the A-share market in 2019. Are they still worth sticking to in 2020？ And In the fields of banking and medicine， the brewing situation hints towards enhanced value.
With the acceleration of the internationalization of A-shares， the continuous inflow of overseas incremental funds is also a boon to the banking sector. In the future， there will be changes and transformation within the banking sector. Opportunities will increasingly focus on compelling companies such as China Merchants Bank and Ping An Bank. Some banks that lack unique characteristics and competitiveness will gradually be marginalized. Investors should pay attention to the long-term certainty of the configuration value of banks.