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　　Xinhua News Agency, Shenzhen, January 13th Question: "Overseas purchasing" beauty cosmetics may just have turned around in Huaqiang North. What does the smuggling case of Huaqiang North exceeding 600 million yuan reflect?

　　Xinhua News Agency "Xinhua Viewpoint" reporters Simomo and Sun Fei

　　"Overseas purchasing is pulling a suitcase and saying that it is going abroad. It may just be a turn in Huaqiang North." At the end of 2020, a cosmetics smuggling case involving more than 600 million yuan caused an "earthquake" in Shenzhen Huaqiang North. With the intervention of the industry authorities, thousands of beauty shops were closed almost overnight and closed for rectification.

　　Since 2018, due to the decline of the traditional communication electronics market, many digital cities in Huaqiang North, such as Mingtong, Manha and Yuanwang, have been transformed into beauty cities. The beauty industry has been soaring for a while, and it is hard to find a booth. However, major smuggling cases have brought the chaos in Huaqiang North’s beauty market to the surface.

　　The gang "swiped the bill" exceeded 600 million yuan, and the transformation of Huaqiang North suffered heavy losses.

　　These days, Huaqiang North Mingtong, Yuanwang, Women’s World and other beauty cities are deserted, and most shops in the mall are closed. Through the glass window, you can see the scattered packaging bags and sporadic goods in the store. Many merchants posted WeChat QR code and mobile phone number on the window.

　　"Most of these cosmetics in Huaqiang North are branded goods, but they are smuggled. The price tag is generally much lower than the counter price, and some are even half lower." At the gate of Mingtong Beauty Shop, Dou Hong (a pseudonym), the owner of beauty shop, told Xinhua Viewpoint reporter.

　　In 2018, Mingtong Digital City successfully transformed into a beauty city. As the first batch of settled merchants, Dou Hong not only enjoyed preferential rents, but more importantly, seized business opportunities and earned the "first bucket of gold" in life.

　　Soon, Manha Digital Plaza and Longsheng Accessories City quickly followed suit and "transformed" into a beauty city. In just over two years, Huaqiang North has gathered thousands of beauty shops, and the monthly rent for stalls with good locations is 20,000 to 30,000 yuan, but it is still hard to find a file.

　　With the industrial agglomeration of Huaqiang North Beauty Market, more and more Wechat business and Daigou choose to come here to get their goods directly. "Those overseas purchasing agents in the circle of friends pull suitcases and say that they are going abroad. In fact, they may just go to Huaqiang North." Dou Hong said.

　　At the end of 2020, the Anti-smuggling Bureau of Shenzhen Customs, together with the public security departments, investigated shops suspected of smuggling in several beauty shops in Huaqiang North, destroyed a smuggling criminal gang that used the cross-border e-commerce platform to "swipe the bill" to smuggle cosmetics and other goods into the country, and arrested 36 suspects, with a case value exceeding 600 million yuan.

　　"There are customs clearance gangs and cargo owners’ gangs. The cargo owners organize the goods abroad and hand them over to the customs clearance gangs. They use the personal information of citizens bought through illegal channels to create false orders, false payment orders and false logistics orders, and then deceive the customs and transport the goods into China." Yu Xiaopeng, deputy section chief of the investigation department of Shekou Branch of Shenzhen Customs Anti-smuggling Bureau, said.

　　According to the relevant regulations of China, from January 1, 2019, the annual transaction limit of cross-border e-commerce individuals will be increased from 20,000 yuan to 26,000 yuan. Yu Xiaopeng introduced that smuggling gangs tried to steal consumers’ information and consumption quotas for cross-border e-commerce transactions, and falsely reported goods that should have been imported in the nature of general trade as cross-border e-commerce imports.

　　Nowadays, hundreds of beauty shops including Mingtong, Manha, Yuanwang and other shopping malls are mostly closed, and the street office has posted many banners in the shopping malls with the words "crack down on smuggling according to law and strengthen market order".

　　Smuggled cosmetics seized by anti-smuggling personnel of Shenzhen Customs (photo). Xinhua News Agency (Photo courtesy of Shenzhen Customs)

　　From "shanzhai" to "smuggling", how does Huaqiang North go "negative"?

　　What Huaqiang North lacks most is its keenness to the market and its adventurous spirit.

　　After the decline of the traditional communication electronics market, merchants in Huaqiang North have tried to explore various industries, and finally it is "imported" beauty products that form a stable industrial agglomeration effect.

　　"Shenzhen is backed by customs port trade, and there are many sources of cosmetics. Moreover, cosmetics themselves have higher profit margins, more opaque prices, and the difference between official retail channels is large, which is still consumables." Dou Hong told reporters.

　　As one of the earliest industrial areas of electronic, communication and electrical products in Shenzhen, the annual sales of tens of thousands of merchants gathered in Huaqiang North in that year exceeded 100 billion yuan, and they went out of well-known enterprises such as Tencent, Han’s Laser and Hainengda, and became innovative places.

　　However, with the rapid development of the Internet to reduce the asymmetry of price information, the imitation of "cottage" and "high imitation" mobile phones was squeezed out by brand mobile phones, and Huaqiang North also ushered in development pains.

　　At the beginning of the transformation, many beauty cities in Huaqiang North were positioned as high-end, genuine products and genuine goods, but the emergence of major smuggling cases still revealed that the transformation has a long way to go.

　　At CC Beauty Shop in Mingtong Beauty City, the smuggled goods seized by the staff of Shenzhen Customs Anti-smuggling Bureau were worth about 2 million yuan. "The goods are all purchased from overseas through smuggling channels at low prices." The owner Li said.

　　Chinese translation labels, including product name, name of country or region of origin, distributor, importer, agent in China, production batch number and service life, are affixed to the outer packaging of regular imported cosmetics, while smuggled products do not have these.

　　In addition to smuggled products, fakes are also eyeing the newly emerging beauty market in Huaqiang North. According to some merchants, some fake sellers pretend to be merchants in the professional beauty market to sell goods. After the complaint, it is verified that the other party does not even have a basic berth.

　　In addition, there are criminals who are eyeing businesses with no exclusive supply and insufficient experience. "After all, it is a new industry, and merchants’ ability to identify goods is not enough. We can only call the police when we find fake goods and report them to the market supervision department for handling. " A merchant said.

　　Anti-smuggling personnel of Shenzhen Customs seized smuggled cosmetics on the spot (data photos). Xinhua News Agency (Photo courtesy of Shenzhen Customs)

　　How to take the transition road of Huaqiang North?

　　The physical store was closed and the online shopping business was also affected. The reporter contacted Zhou Feng (a pseudonym), the owner of a physical store in Huaqiang North Beauty City. He told the reporter, "The regulatory authorities are checking the Chinese standard and cannot deliver the goods these days."

　　At present, the cosmetics market in China is one of the fastest growing markets in the global cosmetics industry. Among them, foreign beauty brands occupy most of the domestic market, and the huge price difference between domestic and foreign beauty products makes businesses take risks.

　　Zhou Feng judged that the next closure and rectification will make the management of Huaqiang North’s beauty industry more strict and tend to be standardized. "The return of profit margins to normal will also intensify competition among merchants." He said.

　　It is understood that in recent years, the Futian District Government of Shenzhen has continuously issued supporting policies to help the transformation and upgrading of Huaqiang North business district from many aspects, such as creating innovation space, training innovation teams, gathering innovative enterprises, and attracting global innovation forces, and the market itself is also doing more active exploration.

　　Bauhinia City was once a commercial building transformed into a beauty city at the same time as Mingtong Digital City. Due to Mingtong’s obvious oligopoly effect in the beauty market, Bauhinia City has taken a different approach and is ready to build itself into a global food trading center.

　　Liu Junhai, a professor at the Law School of Renmin University of China, said that Huaqiang North has always had innovative genes, but the industrial transformation and upgrading must be legal and legal, and it should not be allowed to grow wildly. It is necessary to establish the concept of paying equal attention to the rule of law and development, safety and speed, integrity and innovation, fairness and efficiency.

　　Song Ding, deputy director of the China Urban Economic Expert Committee, said, "Regulators should also play an active role in strengthening intellectual property protection, safeguarding the legitimate rights and interests of consumers, and promoting Huaqiang North to embark on the road of high-quality development." Liu Junhai said.

　　On January 1, 2020, the RRR cut came as scheduled, and the central bank decided to comprehensively reduce the deposit reserve ratio of financial institutions by 0.5 percentage points from January 6. The central bank said that the RRR cut will release about 800 billion yuan of long-term funds and reduce the cost of bank funds by about 15 billion yuan.

　　What impact will the RRR cut have on various wealth management products? Liu Yinping, a researcher at Rong 360 Jianpu Technology Big Data Research Institute, believes that after the RRR cut, the market liquidity will be further relaxed and the price of funds will drop, resulting in a decline in the yield of fixed-income products; However, the RRR cut will be beneficial to some equity assets, and the income of fixed-income products will decline, and some funds will flow to equity assets, thus prompting asset prices to rise.

　　interpret

　　Impact 1

　　Bank deposit interest rates will fall, and small banks may last for a long time.

　　Since 2019, the central bank has been guiding the interest rate in the loan market to fall, thus solving the problem of financing difficulties for small and micro enterprises. At present, the interest rates of various types of deposits in banks are at a high level. In order to avoid narrowing the deposit-loan spreads, banks will lower the interest rates of various deposit products, including time deposits, large deposit certificates and structured deposits.

　　Liu Yinping pointed out that different types of banks have different capital pressures, and the progress and extent of interest rate reduction will be different. Large and medium-sized banks may take the lead in lowering the deposit interest rate, while small banks have great difficulty in raising deposits, and the reduction of deposit interest rate may be one step behind.

　　Impact 2

　　The average yield of bank wealth management will fall below 4% again.

　　Since last year, the bank’s wealth management yield has continued to fall, and at the end of December, the yield has rebounded. According to the data monitored by Rong 360 Data Research Institute, the average yield of bank wealth management products rose to 4.11% last week.

　　Liu Yinping said that the RRR cut will lead to loose liquidity, and most of the underlying assets of bank wealth management are fixed-income assets, and the yield of such assets will drop, so will the yield of wealth management products, which is expected to fall below 4% again in the short term. However, the impact of RRR cuts on the income of wealth management products such as equity, commodities and financial derivatives is uncertain, which may push some equity assets higher.

　　Impact 3

　　The average yield of the money fund will fall to the range of 2.4%~2.5%.

　　The monetary fund yield behind all kinds of baby financing has always been sensitive to changes in market interest rates. Since the end of November last year, the yield of money funds has continued to rise. According to the data monitored by Rong 360 Big Data Research Institute, the average yield of goods-based babies last week was 2.69%, a 39-month high.

　　Even if the RRR is not lowered, the funds will gradually loosen after New Year’s Day, and the yield of the money fund will also fall. Lowering the benchmark will further loosen the liquidity and accelerate the decline of the yield of the money fund. It is expected that the average yield will fall to 2.4%~2.5% in the short term.

　　Impact 4

　　Theoretically speaking, RRR cuts are good for the stock market.

　　After the RRR cut, there will be more funds in the market, and some of them will flow to the stock market. Moreover, the increase in corporate credit will help improve the operating conditions of enterprises. Theoretically, the RRR cut is good news for the stock market.

　　However, judging from the performance of the stock market after previous RRR cuts, the stock index has been mixed. Liu Yinping pointed out that there are many factors affecting the stock market, including policies, economic environment, the development of all walks of life, market confidence and so on. Today is the first working day after the RRR cut, and all major stock indexes rose in the morning, so it seems that the market confidence is sufficient.

　　Text/reporter Cheng Wei

　　related news

　　A-shares welcome the new year and make a good start. The net inflow of northbound funds exceeds 10 billion.

　　(Reporter Liu Shenliang) A shares ushered in a good start in 2020 yesterday, and the three major stock indexes strengthened across the board. The Shanghai Composite Index once approached the 3100-point integer mark, and the Shenzhen Component Index and the Growth Enterprise Market Index rose nearly 2%. The total turnover of the two cities was 751.5 billion yuan, the industry sector closed up across the board, technology stocks led the gains strongly, and online celebrity live broadcast concept stocks continued to rise.

　　Specifically, the Shanghai Composite Index closed up 1.15% to close at 3085.20 points; The Shenzhen Component Index rose 1.99% to close at 10,638.82 points; The growth enterprise market index rose 1.93% to close at 1832.74 points. The net inflow of northbound funds was 11.395 billion yuan yesterday, which has been a net inflow for 32 consecutive trading days.

　　Citic Securities pointed out that the main macro factors that suppressed A-share earnings in 2019 will be significantly alleviated in 2020, and the fundamentals will stabilize and rebound under the counter-cyclical policy, credit expansion and replenishment. Under the macro-economic decisive victory, capital market reform and the recovery of corporate profits, A shares are expected to usher in a "well-off cow" for two to three years.

　　Xun Yugen, chief strategist of Haitong Securities, stressed that technology and brokers will become the leading industries in this bull market. The superposition of scientific and technological progress and policy dividends will promote the performance of the science and technology sector to rebound. With the arrival of the era of equity financing, with the diversification of business in the future, the performance of securities firms is expected to revive.

Original title: The list of the top 100 beautiful women in the world in 2023 was announced! Asian actresses such as Gulnazar and the live-action Little Mermaid were selected.

Recently, the American film website "TCCandler" released the list of the top 100 most beautiful actresses in 2023. There are many Asian actresses on this list, most of whom are from Korean women’s groups. In this list, Nancy, a Korean mixed-race child of MOMOLAND, won the championship and was also the first post-00 actress to win the championship. The runner-up was won by Dasha Taran, a Russian online celebrity model, while the third runner-up belonged to Sana Sana, a Japanese member of Korean group TWICE. This list shows the beauty and charm of women all over the world. Let’s take a look at these beautiful women!

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　　Xinhua News Agency, Beijing, December 19th (Reporter Huang Yue, Zhang Liyuan) The 2023 National University Student Robot Science and Technology Innovation Exchange Camp and the robot contest Final Competition jointly sponsored by the Central Committee of the Communist Youth League and the Ministry of Industry and Information Technology ended in Rizhao, Shandong Province on December 19th.

　　This year’s competition built five major tracks, including industrial robots, personal and household service robots, public service robots, special robots and robots in other application fields. A total of 1017 works from 431 universities participated in the competition. Finally, 50 special prizes, 74 first prizes, 94 second prizes and 300 third prizes were selected.

　　On the day of the award presentation, the award-winning team and representatives of dual-innovation enterprises presented their research experience and achievements, and experts in the field of artificial intelligence gave speeches on topics such as "Science and technology innovation serves the construction of a maritime power" and "accelerating the development of robot innovation and welcoming the fourth industrial revolution".

　　During the competition, the organizing committee held discussion and exchange activities on the experience of running the competition, listened to the opinions of all parties, summed up the experience of running the competition, and organized special exchange activities such as roadshows for students’ projects, industrial talks on the transformation of the results of the competition, public open days for works, collective research, publicity and promotion of cultural tours, etc., to promote the transformation of scientific and technological innovation achievements of college students into real productive forces.