On 6 May, surrounded journalists were informed that the national spring tea exhibit, the Government of Sichuan Province’s Focused Support Fair, the “12th International Tea Fair”, will be held from 11 to 14 May at the International Fair in the Town of the Century.

Seven hundred thousand square metres of new and innovative size

The exhibit, which covers more than 70,000 square metres, is attended by nearly 2,000 enterprises, both inside and outside the country, and is attended by such key galleries as the Vice-Principal Museum, the Chlora brand, the Seonium Cooperation, the National Gallery, the Foreign Exchange and the Industrial Integration Museum. The exhibit, which covers six tea, ultraviolet, ceramics, tea, tea space, tea packaging, tea machinery, bubble tea, tea food, tea drinking, etc., will provide a comprehensive picture of new products in the tea industry, new technologies, new equipment, new industries, shaping well-known tea brands, promoting tea product trade, preserving tea culture and contributing to high-quality development in the Chinese tea industry.

tea transport, main market

Zhang is the province of the tea industry, with tea production in scale and tea industry in general rank. The 11 tea major cities and 30 tea priority districts in the province of Nanjing will be fully represented in the national and provincial tea flagship enterprises, a shock of the entire sewing of tea and a central review of the effectiveness of the development of the tea industry.

(a) The provincial branding of tea, tea, tea, tea, mushroom, tea, mechana, tea, serum, tea, tea, mechana, mechana, mechana, Bacian, kam, kama, brand, tea, tea, tea, tea, tea, tea, tea, tea, tea, tea, tea, tea, tea, tea, tea, bunker, tea, tea, tea, tea, tea, casus, casing, casing, tea, tea, casing, tea, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing, casing,

As the theme city of the current tea bamboo, the municipality will organize some 40 key tea business exhibits in six district districts, with the highest participation in the event. It is worth noting that the city of Tibbin will issue 10 million yuan renminbi at the current tea blog to promote the consumption of the tea and to further ignit the “one green red” gold medal of the tea.

Lighting the tea, the team travelled to the booth.

The main tea estates of 14 provinces, including the cities of Kisangani, Yunnan, Fouation, Ansigno, Hunan, Lake North, Jiang, Henan, Guangdong, Guangxi, Guizhou and Mississippi, have been exhibited for more than ever. There is also a large number of cigarettes from outside the country, such as Lao gua, South African Red tea, Nepala, Sirana, Sri Lanka, Japanese tea, etc.

Mechan packaging, highlighting scientific and technological quotation

Three tea is integrated, leading by science and technology. The session brought together more than 100,000 rich whole industry chain products and tea derivatives, such as tea, tea, tea, tea dayization, tea, tea, tea packaging, new varieties, new technologies, equipment, new industry exhibits, promotional formations. Dozens of tea machines, tea-packing new technology enterprises from Sichuan, Hiroshima, Foca, Jiang, An emblem, Shanxis, etc. participated.

International cooperation to assist in cross-border maritime transport

The current tea conference is more marked by internationalization and pluralism. With regard to exhibits, nearly 100 offshore vendors from more than 20 countries and territories, including France, Australia, South Africa, Japan, Iran, Laos, Thailand, Viet Nam, Mongolia, Nepal, Sri Lanka, India, Pakistan, Afghanistan, Ghana, Mali, Dubai, will show imports of products such as tea, tea, tea food, crafts. During the event, France, Austria, the Czech Republic, Poland, Germany, Thailand and other countries of the world tea production and consumption, representatives of the business of the countries concerned along the “One Route”, the heads of consulates based in the Gulf of Guinea will also be invited to join in the formation of tea brands in line with the development of “internationalization, specialization, branding, informationization, marketization”. Commercial representatives from outside the country will also be invited to participate in activities such as the 2023 “International Tea Day” and the Global Conference of Purchasing, inter alia, to interact with enterprises within and outside the province to create additional opportunities for tea and Chinese tea across the border.

Well-being shared by the admirators

At the tea galleries, the branding of excavated sands, ceramics in the town of Sidon, and deciated white ceramics will also be synchronized. The grandmothers of Tangao, Zhang, Oscillation, and the fine arts and crafts of equality will be present at the site to share artistic rewards with loved ones.

For the first time, the art exhibit, known as the “Osca” of the sculpology of the sculptures, will also be visible, with thousands of gold medals, large-scale sulptures and free access to the public at all times. In addition, the Association for the Tarar Industry, the Association of Sichuan Province, the Deep Grant, the Deep-Frome, the High-end Tribute, the Throne, the Throne, the Sri Lanka gemstone, etc. have brought about thousands of jewellery, non-gottendances, collections, and so many people have been given a better life for tea.

Industrial development

Over 60 Summit forums, promotional publications, cultural displays, etc. will be conducted during the tea bamboo session; in addition, there will be an hourly tea style, tea showcases, glass exhibits, flower shows, man-made walking shows, Guegiah collection, tea treasures, non-attendance tea displays, etc., and a variety of tea events will focus on tea branding, tea consumption, tea industry, while highlighting cultural aspects and promoting the development of the tea industry.

Two-line exhibition, tea consumption

The current tea conference continues to adopt a two-line rolling model on the line plus line, synchronizing the international tea bamboo. Through the West Trans-border Highlands - Making the Land of all, the main intra-United Nations platform for telephony and under-line experience, activities such as cultural sharing, webcasting, online trading and international exchange are pursued. Maximizing the accumulation of digital technologies in marketing tea products, tea branding, tea culture and tea literacy

According to the news on May 12, the industry benefits were intensively introduced, and eight sectors are expected to become the tuyere of a shares tomorrow.

1. In the first four months, China completed nearly 200 billion yuan of investment in water conservancy construction, an increase of 45.5% year-on-year

2. According to the Ministry of water resources, China completed a total investment of 19.8 billion yuan in water conservancy construction in the first four months of this year, an increase of 45.5% over the same period last year. Wei Shanzhong, Vice Minister of water resources, said at the special dispatching meeting of the chamber of Commerce to promote the commencement and construction of major water conservancy projects in 2022 that we should accelerate the commencement and construction of major water conservancy projects and ensure that more than 30 new projects will be started in 2022. It is understood that the water conservancy construction goal set by the Ministry of water resources this year is to start 30 major water conservancy projects and complete 800 billion yuan of investment in water conservancy construction.

3. Favorable plate: Water Conservancy

4. Related concept stocks: palm Co., Ltd., Anhui Construction Engineering Group, huazi technology, Zhejiang Jiaoke, Qinglong pipe industry

5. National coal trading center: it is not allowed to convert the existing domestic annual medium and long-term contract resources that should be signed or even signed and connected into imported coal emergency support resources

6. The national coal trading center issued an announcement on further completing the entry of supplementary signing of medium and long-term contracts for imported coal emergency support. The announcement mentioned that the supplementary signing resources of imported coal of supplier enterprises should meet 80% of their own resources and sign annual medium and long-term contracts. In addition, tap the potential to increase production and organize the signing of resources. The existing medium and long-term contract resources that should be signed, even signed and connected domestic annual medium and long-term contract resources should not be transferred to imported coal emergency support resources.

7. Favorable plate: Coal

8. Related concept stocks: Zhengzhou coal power, Jingyuan Coal Power, Shenhuo, Shaanxi black cat, Yankuang energy

9. Ministry of housing and urban rural development: strengthen the safe operation management of urban gas and other municipal infrastructure

10. The Ministry of housing and urban rural development recently issued a notice requiring a comprehensive investigation of potential safety risks in various fields involving gas, focusing on the investigation of potential safety hazards in public places such as gas operation, catering, old residential areas, gas projects and gas pipeline facilities. The major problems and hidden dangers identified should be rectified, good experience and practices should be summarized and solidified into laws and regulations, and the long-term mechanism for urban gas safety should be improved.

11. Favorable plate: gas

12. Related concept stocks: Shenzhen energy, Jerry Co., Ltd., Nanjing public utilities, Jiufeng energy, Anhui Natural Gas

13. Anhui: by 2025, the comprehensive mechanization rate of crop cultivation and harvest in the province will reach 85%

14. On May 12, the website of Anhui Provincial Department of agriculture and rural development showed that the “14th five year plan” for the development of Agricultural Mechanization in Anhui province had been released recently. By 2025, the total power of agricultural machinery in the province will reach about 72 million KW, and the comprehensive mechanization rate of crop cultivation and harvest will reach 85%. Among them, the whole process mechanization of wheat, corn and rice will be realized, the mechanization of weak links of crops such as rape and peanut has made remarkable progress, and facility agriculture The mechanization rate of animal husbandry, aquaculture and primary processing of agricultural products is more than 50%.

15. Favorable plate: Agricultural Mechanization

16. Related concept stocks: Xingguang agricultural machinery, Yituo shares, Zongshen power, Su Changchai a, Jifeng Technology

17. The manganese Committee of China Railway Association called on the industry to limit and reduce production by 50%

18. On the afternoon of May 12, the manganese Professional Committee of China ferroalloy industry association held a video conference attended by 40 manganese member units in China. Recently, due to the large-scale production restriction and maintenance of steel plants, the demand for manganese alloys has continued to be weak, and the disk price of silicon manganese futures has reached a record low, which has seriously affected the sales price of silicon manganese alloys in the spot market. The devaluation of RMB, the high price of imported manganese ore and the high price of coal coke have led to a sharp rise in the production cost of manganese alloys and a sharp decline in the price of electrolytic manganese, resulting in the continuous decline of the price of medium and low manganese, Manganese alloy products are at a loss in the whole industry, and sales are under great pressure, and all units have different degrees of inventory. In order to reverse this situation as soon as possible, the manganese Professional Committee of ferroalloy industry association called on the 40 manganese member units participating in the meeting to take positive action, comprehensively carry out industry self-help, strictly implement the limit and reduce production by 50%. The 40 manganese alloy manufacturers participating in the meeting have a monthly production capacity of 1.2 million tons, strictly implement the monthly production reduction of 600000 tons, and reduce the purchase of 1.2 million tons of ore outside the month, so as to alleviate the serious surplus of manganese alloys, So as to reduce the losses caused by vicious competition within the industry.

19. Favorable plate: Manganese

20. Related concept stocks: Ordos, Hongxing development, Sinosteel Tianyuan, Baichuan shares, Hunan Haili

21. Jiangxi Province resumes inter provincial travel and machine wine business of travel agencies

22. It is learned from the Department of culture and tourism of Jiangxi province that according to the requirements of the notice on actively responding to the COVID-19 and further strengthening the inter provincial tourism management (Wen LV Dai Dai [2021] No. 214) issued by the general office of the Ministry of culture and tourism, considering that the whole region of Jiangxi Province is a low-risk area. From May 11, 2022, travel agencies and online tourism enterprises will resume the business of inter provincial team tourism and “air ticket + Hotel”.

23. Positive plate: Cultural Tourism

24. Related concept stocks: Zhongxin tourism, Junting Hotel, CITS united, ShouLv Hotel, Jiuhua Tourism

25. Ministry of Commerce: it is working with relevant departments to study policies and measures, including facilitating the return and exchange of cross-border e-commerce exports

26. The spokesman of the Ministry of Commerce introduced at the regular press conference that new foreign trade formats such as cross-border e-commerce comply with the development trend of international trade, meet the personalized and customized needs of consumers in various countries, and are a new growth point of foreign trade development. In recent years, in accordance with the principle of adhering to problem orientation and strengthening top-level design, we have customized a series of policies and measures with relevant departments. With the rapid development of new business forms and the continuous optimization of the policy environment, we are working with relevant departments to study policy measures, including facilitating the return and exchange of cross-border e-commerce exports. These policies are conducive to promoting the healthy and sustainable innovation and development of cross-border e-commerce and helping to maintain the stability and improve the quality of foreign trade.

27. Positive sector: cross border E-commerce

28. Related concept stocks: Antarctic e-commerce, Hefei Department store, Huamao logistics, youa shares, Guolian shares

29. Chongqing will build 50 sports parks and 300 social football fields by 2025

30. According to the Chongqing Municipal Bureau of sports, in order to further improve the construction level of Chongqing’s national fitness service system, Chongqing recently officially issued the Chongqing National Fitness implementation plan (2021-2025), which stipulates:

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Recently, financial deleveraging is turning to stable leverage. We judge that in the future, monetary finance will be structurally relaxed and counter cyclical regulation will be strengthened. While increasing the supply of base money, financial regulation will be structurally relaxed to increase credit derivatives and support the real economy.

event

In October, the added value of industries above designated size was 5.9% year-on-year, and the former value was 5.8%; In October, the total retail sales of social consumer goods was 8.6% year-on-year, with the former value of 9.2%; From January to October, the fixed asset investment was 5.7% year-on-year, with the former value of 5.4%; In October, the unemployment rate of urban survey was 4.9%, the previous value was 4.9%. In October, the scale of social financing increased by 728.8 billion yuan, which is expected to be 1.3 trillion yuan, compared with the previous value of 2.21 trillion yuan; M2 money supply was 8% year-on-year, expected to be 8.4% and the previous value was 8.3%; New RMB loans reached 697 billion yuan, with an expected 904.5 billion yuan, up from 1380 billion yuan.

catalogue

1. Core view: the economy has bottomed out twice and the policy has begun to break the ice

2. The effect of credit easing policy has not yet appeared, and the financing situation is still tight

3. Industrial production is still low, cars are in the doldrums, and high-end manufacturing such as communication electronics is growing

4. The growth rate of fixed asset investment increased slightly but remained sluggish, mainly supported by manufacturing investment. The low m2 and the decline of social finance indicate that the investment growth rate is difficult to rise in the short term

5. The investment in real estate sales fell, the financing situation was still tight, and the real estate enterprises accelerated the pre-sale collection

6. Manufacturing investment is at a three-year high, and the production capacity is verified in a fresh cycle, but the lower vagrant enterprises are squeezed

7. The growth rate of infrastructure investment hit the bottom and rebounded, supported by “stabilizing investment” and “making up for weaknesses” in the future, but the range is limited

8. Low consumption, upgrading and demotion coexist, reflecting social stratification, declining liquidity and downward pressure on the economy

9. Imports and exports rose sharply year-on-year, and exports may decline sharply after the “export grab” effect disappears

10. The trade friction between China and the United States has changed from confrontation to easing in the short term, but it is still severe in the long term. The best response is reform and opening up

11. CPI rose moderately and PPI continued to fall

12. Manufacturing PMI fell to a two-year low, new orders, especially new export orders, fell sharply, and the impact of trade friction appeared

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14. Core view: the economy has bottomed out twice and the policy has begun to break the ice

15. In the second half of 2015, we judged that China’s economy was close to the bottom, “economic L-shaped”, judged the “new cycle” of capacity clearing in early 2017, and proposed the “top of financial cycle” in early 2018.

16. At present, China’s economy is in the superposition of six cycles: the world economy is in a new round of growth cycle, but it may gradually peak and fall, the financing situation at the top of the financial cycle is tight, the bottom of the new production capacity cycle, the medium-term regulation of the real estate cycle, the destocking cycle and the new political cycle.

17. In the face of the impact of internal and external factors such as the Fed’s interest rate hike, Sino US trade friction, fiscal consolidation, financial deleveraging and real estate regulation, the economic situation is facing an accelerated downward trend from the second half of 2018 to 2019, and it is expected to reach the bottom twice in mid-2019. Monetary, financial, fiscal and tax policies should turn to strengthening counter cyclical regulation, providing a stable macro environment for long-term supply side structural reform, and supporting the real economy and capital market. For the first time, the Politburo meeting stressed the “increased downward pressure on the economy”, deployed the “six stabilities” to solve the difficulties of private enterprises and small and medium-sized enterprises, and the central bank, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission, Ministry of finance, Ministry of justice and other departments issued rescue measures. In the long run, the most fundamental thing is to actively promote reform and opening up, show openness and confidence, open up new investment opportunities and boost enterprise confidence.

18. From the economic and financial data in October, we can see the nine characteristics and trends of macro economy:

19. 1、 The strong cycle of the US dollar is superimposed on Global trade frictions and the global market turmoil, including US stocks. We believe that the US economy has peaked at a high level and is about to enter stagflation, but the fundamentals are still healthy, the leverage ratio is generally controllable, and the trump boom is about to end rather than collapse. The impact of trade frictions on the United States is beginning to appear. The recent US economic slowdown and the sharp decline in the stock market may make the trump administration calm down and return to the negotiating table. The US Federal Reserve raised interest rates, the US dollar strengthened, trump cut taxes, and Global trade frictions led to the accelerated return of capital to the US mainland. The exchange rates of various countries, especially emerging markets, depreciated and stock markets fell. The exchange rates of Turkey and Argentina collapsed one after another, facing difficulties similar to those in Southeast Asia in 1998: asset price foam, high external debt, and high inflation.

20. 2、 Against the background of the marginal slowdown of the global economy and sustained trade frictions, China’s export growth has continued to increase, and the export grab effect is obvious. The new order index hit a 33 month low, and the subsequent export is expected to decline sharply. First, the Shanghai export container freight rate composite index was relatively stable (22.9% year-on-year at the end of October), but the prices of the US West and US East routes rose sharply to 80% and 77% year-on-year, resulting in tight shipping between China and the United States. Second, the export delivery value has increased significantly for four consecutive months, among which the export delivery value of computer communication electronic equipment has continued to rise year-on-year since June. Third, the marginal slowdown of the global economy, the PMI of the global manufacturing industry fell for six consecutive months, at the low point since November 2016, the BDI index fell after peaking in early August, and the export growth rate of Japan and South Korea turned negative. However, China’s export rose against the trend, and the export growth rate to the United States remained above 11% for six consecutive months. Fourth, PMI’s new export orders hit a 33 month low, and there will be great downward pressure on exports in the future.

21. 3、 In China, the financial cycle entered the second half, the early financial deleveraging and the liquidity ebbed. From January to October this year, the scale of social finance was 16.1 trillion, a decrease of 2.8 trillion compared with the same period last year. Off balance sheet financing continued to shrink, the transmission of monetary policy was blocked, banks were “reluctant to lend”, private enterprises and small and medium-sized enterprises were difficult to finance, M2 was at a historical low, the loan structure deteriorated, medium and long-term loans of enterprises decreased greatly, and short-term bill financing increased greatly. Recently, financial deleveraging is turning to stable leverage. We judge that in the future, monetary finance will be structurally relaxed and counter cyclical regulation will be strengthened. While increasing the supply of base money, financial regulation will be structurally relaxed to increase credit derivatives and support the real economy.

22. 4、 The growth rate of fixed asset investment increased slightly, but it is still low. It is mainly supported by the manufacturing industry. After being affected by financial deleveraging, financial consolidation, real estate regulation and control, etc

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