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What does the official unveiling of the State Financial Supervision and Administration mean?

  BEIJING, May 18 (Zhongxin Finance Gong Hongyu Xie Yiguan) On the morning of May 18, the State Financial Supervision and Administration was officially unveiled at No.15, Beijing Financial Street.

  As a red curtain slowly falls, China’s new round of institutional reform in the field of financial supervision has taken an important step.

  What’s the function?

  According to the "Party and State Institutional Reform Plan", the State Financial Supervision and Administration Bureau is responsible for the supervision of the financial industry except the securities industry, strengthening institutional supervision, behavioral supervision, functional supervision, penetrating supervision and continuous supervision, coordinating the protection of financial consumers’ rights and interests, strengthening risk management and preventive disposal, and investigating and handling illegal acts according to law, as an institution directly under the State Council.

  The State Financial Supervision and Administration Bureau was established on the basis of the Bank of China Insurance Regulatory Commission, and the daily supervision duties of the People’s Bank of China on financial holding companies and other financial groups, the protection duties of financial consumers and the investor protection duties of the China Securities Regulatory Commission were assigned to the State Financial Supervision and Administration Bureau.

  At the same time, the Bank of China Insurance Regulatory Commission is no longer retained, and the supervision pattern of "one line, two meetings" has become a thing of the past.

  What’s the point?

  In the eyes of many market analysts, the establishment of the State Financial Supervision and Administration Bureau is based on the background that China’s separate supervision system is not suitable for the comprehensive operation trend of the financial industry, and the communication between financial supervision departments is not smooth and coordination is insufficient.

  Dong Ximiao, chief researcher of Zhaolian, said that in recent years, after a period of rapid development, China’s financial industry has generated and accumulated certain financial risks, which has affected financial development and stability to some extent.

  This year’s government work report pointed out that major economic and financial risks should be effectively prevented and resolved, and the prevention of regional and systemic financial risks should be emphasized.

  Ming Ming, chief economist of CITIC Securities, said that the establishment of the State Financial Supervision and Administration Bureau can form a joint regulatory force in a timely and effective manner in the face of risk events, and gradually establish a regulatory framework that conforms to the innovative development characteristics of modern financial mixed operations, keep the bottom line of systemic financial risks and standardize the trading behavior between financial institutions and investors.

  In addition, Dong Ximiao mentioned that after the reform of the financial supervision system, the "double peaks" supervision with China characteristics has further revealed its clues — — The People’s Bank of China is mainly responsible for monetary policy and macro-prudential supervision; The State Financial Supervision and Administration Bureau is responsible for the supervision of the financial industry except the securities industry and the protection of the rights and interests of financial consumers. The CSRC is responsible for the supervision of the capital market and increasing the responsibilities of auditing the issuance of corporate bonds.

  After the re-allocation of functions, Dong Ximiao believes that the unified responsibility of the State Financial Supervision and Administration Bureau for financial supervision except the securities industry will help reduce regulatory gaps and regulatory overlap, and implement behavioral supervision and functional supervision.

  What’s the action?

  The reporter noted that on the 18th, the official WeChat of the State Financial Supervision and Administration Bureau, WeChat official account, was launched simultaneously, and the official website of the State Financial Supervision and Administration Bureau was officially launched.

Screenshot of official WeChat WeChat official account of State Financial Supervision and Administration Bureau.

  Earlier, on the afternoon of May 10th, the State Financial Supervision and Administration Bureau held a meeting of leading cadres. The responsible comrades of the Organization Department of the Central Committee announced the central decision: Comrade Li Yunze was appointed Party Secretary of the State Financial Supervision and Administration Bureau.

  On March 28th, official website, China Banking and Insurance Regulatory Commission released the Department Budget of State Financial Supervision and Administration Bureau (China Banking and Insurance Regulatory Commission) for 2023.

  The document shows that in 2023, the State Financial Supervision and Administration Bureau is expected to send 2,000 inspection teams of banking institutions and check about 2,500 banking institutions; It is estimated that about 800 inspection teams of non-bank institutions will be dispatched and about 800 inspections of non-bank institutions will be conducted; It is estimated that there are about 23 supervision cases and about 40 supervision and inspection cases.

  Specifically, first, for banking institutions, a series of comprehensive inspections, special inspections and online inspections will be carried out in 2023, highlighting the reform of small and medium-sized banks, effectively preventing systemic risks, continuously filling the shortcomings of the regulatory system, standardizing the financial market order, protecting the legitimate rights and interests of consumers, and improving the quality and efficiency of serving the real economy.

  Second, the special inspection of non-bank institutions will focus on key institutions, and select market entities such as insurance companies, trust companies and financial asset investment companies to carry out targeted on-site inspections. The inspection contents include risk management and effectiveness of internal control of insurance companies, implementation of major policies of agricultural insurance companies, compliance inspection of key businesses of other non-bank institutions, and compliance inspection of small and medium-sized non-bank institutions. (End)

On the first day of New Year’s Day holiday, Sichuan A-level scenic spot received 2,650,200 tourists, and the literature and art were renewed in Vientiane.

Chuan Guan journalist Wu Menglin
On December 30th, the first day of the New Year’s Day holiday, the reporter learned from the Office of the Leading Group for Culture and Tourism Industry of Sichuan Province that by 15: 00 that day, 832 A-level tourist attractions included in the statistics in the province had received 2,650,200 tourists, and the ticket income was 22,113,800 yuan, which was 81.83% and 103.23% higher than that of the New Year’s Day holiday in 2023.
Five-year-level tourist attractions in the province (16 parks opened normally) received 152,500 tourists and realized ticket income of 5,103,900 yuan, which increased by 88.78% and 113.6% respectively compared with the same caliber of New Year’s Day holiday in 2023. Libraries, cultural centers and museums in the province received 712,000 people.
The holiday travel market continues to heat up. With the launch of the "Winter Tour to Sichuan Consumption Season" activity, the cultural tourism market in all parts of the province showed a "hot trend" on the first day of the New Year holiday. The number of visitors and ticket income of A-level scenic spots in Luzhou, Aba, Nanchong, Ganzi, Suining, Chengdu, Yibin and Mianyang more than doubled compared with the New Year holiday in 2023. Compared with the New Year’s Day holiday in 2023, the reception volume of cultural and sports venues in the province has tripled.
Nanchong Jialing River Marathon starts. Photo courtesy of Nanchong Wenguang Tourism Bureau
The New Year’s cultural tourism activities are splendid. Many cultural tourism activities, such as New Year’s Concert, Electronic Music Party, Immersive Carnival, Spring Festival Garden, Art Calligraphy Exhibition, Non-legacy into scenic spots, and issuing coupons for Huimin, have been launched in many places in the province. In Nanchong, the opening of the Jialing River Marathon and the Nanchong Station of "Running All over Sichuan" started with a gunshot, and 15,000 people gathered along the Jialing River, which started the pace of welcoming the new year together. There were also the 2024 New Year’s Eve concert and the New Year’s National Concert, which allowed tourists to experience the beauty of music. Emei Mountain and Leshan Giant Buddha, as popular scenic spots, attract a large number of citizens and tourists to climb the mountain to pray and make wishes for the New Year.
Jiuhuangshan playing with snow was provided by Mianyang Wenguang Tourism Bureau at that time.
There is a strong demand for snow and sunshine tourism. Focusing on the theme of "enjoying the snow in Shushan and enjoying the warm sunshine in Panxi", Ganzi Prefecture, Aba Prefecture, Liangshan Prefecture, Panzhihua and Chengdu Metropolitan Area and other key snow and sunshine tourist destinations have launched a number of boutique tourist routes, such as snow and ice sightseeing, snow and ice sports, sunshine recreation and rural holidays, and held festivals such as Panzhihua Happy Sunshine Festival, Emei Mountain Ice and Snow Hot Spring Festival and Xiling Snow Mountain South China Ice and Snow Festival, and tourists from Emei Mountain, Xiling Snow Mountain, Bashan Grand Canyon, Zengjiashan and other scenic spots on New Year’s Day. The Jiuhuang Mountain Scenic Area in Beichuan, Mianyang combines the winter ice and snow tourism resources with the unique culture of the Qiang people, and specially launches the welcome ceremony of the Qiang people, the unique IP Chen Zhan of the Qiang people, and of course, there are also a series of interesting activities such as snowman contest, pony running, cool ice and snow show, as well as children’s favorite ski cars and pony ice carts … Visitors can also play with the monkey in the ski resort and enjoy the fun of playing with snow.
The popularity of cultural tourism has not diminished. Many museums in our province bring new experiences to tourists by means of "immersion+personalization". On the first day of New Year’s Day, Guanghan Sanxingdui Museum received 19,800 tourists, an increase of 339.8% compared with the New Year’s Day holiday in 2023. Sansu Temple Museum held Dongpo Poetry Competition, Guangyuan Museum held a series of traditional cultural experience activities of "National Style and Elegant Rhyme", and ziyang Museum was fully opened on December 29th, becoming a new punching point for citizens.
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The establishment of U18 Championship has added a new puzzle to baseball in our province.

Source: [Huasheng Online]

Opening ceremony of the competition.

Huasheng Online, November 27th (Reporter Chen Pu Zhuang) After two days of fierce competition, the first Hunan U18 Baseball Championship closed yesterday at Kaile Baseball Field in Kaifu District, Changsha. Baseball has added a heavyweight event in our province, and the promotion and development of the project has ushered in a new opportunity.

The players are in the competition.

The competition was directed by Hunan Sports General Association, sponsored by Hunan Baseball and Softball Association and hosted by Changsha Baseball and Softball Association. Six teams from Hunan Sports School, Changsha He Long Sports School, Zhuzhou, Xiangtan, Hengyang and Loudi participated in the competition. After two days and 11 competitions, the He Long Sports School team won the championship in four games, Hengyang team won the second place, the provincial sports school won the third place, and Zhuzhou Lingyu, Xiangtan Zuoke and Loudi team won the fourth, fifth and sixth places respectively.

Courtesy of the stadium.

According to Yu Xiaohui, executive vice chairman of Hunan Baseball and Softball Association, baseball and softball has developed rapidly in our province in recent years, relying on some universities, primary and secondary schools and non-governmental organizations in the province. Among them, Changsha’s baseball and softball competition system is particularly perfect, from U series for teenagers to city games, college leagues and social leagues, which can meet the needs of athletes and enthusiasts of all ages. The establishment of the U18 baseball championship in the whole province laid a good foundation for the further development of the project. Next, the provincial baseball and softball association will strive to develop baseball and softball into a new highlight and advantage project of sports in our province.

Li Yanling, Chairman of the Provincial Baseball and Softball Association, presented the award to Ye Yifei, winner of the home run award.

Kick-off ceremony of the game.

Wang Huang, second-class inspector of Hunan Sports Bureau and full-time vice chairman of Hunan Sports Federation, Fei Bo, director of competitive department of Hunan Sports Bureau, Qin Shiping, deputy director of Changsha Sports Bureau, Xiao Deqiang, president of Hunan Sports School, and Ye Bin, vice president of He Long Sports School in Changsha attended the opening ceremony. Li Yanling, Chairman of Hunan Baseball and Softball Association, presented awards to the champion team.

This article comes from [Huasheng Online] and only represents the author’s point of view. The national party media information public platform provides information dissemination and dissemination services.

ID:jrtt

Chongning Institute successfully completed the security work of the 2023 Chongning Town Rural Mini Marathon.

On April 16th, the first Chongning Town "Inheriting Red Genes and Cohesing Endeavour" 2023 Chongning Village Mini Marathon was held in Chongning Street, Chongning Town, Linwei District, Weinan City. More than 600 professional athletes and runners from all over the world participated in the competition. This marathon is the first grand event in the history of Chongning Town. In order to complete the security work with high standards and high quality, under the overall arrangement of the public security brigade, Chongning of Linwei Public Security Bureau, in close cooperation with the patrol special police brigade and Linwei traffic police brigade, carefully explored the scene, scientifically distributed police force, adhered to the whole process of the event, and made every effort to ensure the smooth progress of the event.

On the day before the competition, the police of Chongning Institute carefully surveyed the site, actively communicated with the heads of various departments, studied the traffic situation of the site and surrounding roads in detail, scientifically set up posts along the route and surrounding intersections, distributed police forces, and tried their best to eliminate all kinds of unsafe hidden factors. During the competition, all the police officers on duty in the institute arrived at their posts at 7: 00 a.m. to maintain the order at the event site and around the track, guide the crowd in time, patiently answer the questions about road control during the competition, and actively publicize the knowledge of public security prevention to the people around the venue and along the road, urging the people to do a good job of self-prevention to avoid property losses and prevent various accidents.

During the security period, the auxiliary police officers of the whole institute were full of energy, strict in police appearance, obedient to orders and standardized in duty. With the strong cooperation of the volunteers, they gave full play to the spirit of dedication and courage to take responsibility, adhered to civilized duty and enthusiastic service, and provided real-time guidance, guidance and diversion to the masses. The stadium was orderly, effectively ensuring the safety of the event site and the personal and property safety of the masses, fully demonstrating the good mental outlook and team image of the public security organs, and successfully completing the security of the marathon.

No matter whether Liaoning plays Guangdong or Guangsha in the CBA semi-final, it will be the focus of the battle.

The CBA playoffs are still in progress. The four teams that entered the semi-finals have confirmed three seats, namely Zhejiang, Liaoning and Shenzhen. Among them, Zhejiang beat Guangzhou 2-0, Liaoning beat Beijing 2-0, and Shenzhen won by lying down. Because Shanghai was deprived of its ranking and competition qualification, Shenzhen became the first team to advance to the semi-finals. Now, there is only one last place to be decided, that is, the group of Guangdong team and Guangsha team, with a big score of 1-1 draw. The final game will decide who can advance and then play against Liaoning team.

By the time of the semi-final, the opponent of Zhejiang team is Shenzhen team. Although both teams are strong teams, it seems that there are not many things to watch, and it gives people the feeling that there is little suspense. In terms of popularity of the two teams, although Zhejiang is the top team, it is not as good as Shenzhen, which ranks fourth. The basketball atmosphere in Zhejiang is not as good as that in Guangdong, and the fan base is less. Moreover, Zhejiang team and Guangsha team have long been competing in the same city. In Hangzhou, more fans regard Guangsha as the home team, but the real Zhejiang team is still slightly inferior. Therefore, this group of matchups will not attract particularly high attention, and there is not much topic heat between the two teams.

The other group is between Liaoning team and Guangdong team/Guangsha team, which is more interesting. If the opponent of Liaoning team is Guangdong team, the heat will be full directly, because the two teams have the largest fan base in CBA, far exceeding other teams, which can be seen from the annual All-Star voting. Moreover, Liaoning and Guangdong, as the traditional strong teams of CBA, have attracted much attention in every previous duel, and fans will also argue with each other to cheer for their respective home teams.

If Guangsha team reached the semi-finals, it would be a continuation of the frontier. Last year’s finals were between Liaoning team and Guangsha team. Although Guangsha team, which was short of major generals, lost, the fighting spirit of fighting for the last bullet moved all the fans. This season, Hu Jinqiu returned, although the luck was unlucky, Cummings, a small foreign aid, was injured again, and Zhu Junlong also played in doubt. However, the strength of the team is obviously higher than that of last year’s finals, and the team will definitely give everything and aim at revenge. The goal of the Liaoning team is to protect its glory and strive to defend its title. From the match between the two teams this season, we can know how intense the game is. It is completely hand-to-hand combat. No matter whether you win or lose, you will lose your skin.

As for the final list of the semi-finals, we still need to wait until the end of the game tomorrow night. However, judging from the strength of the team and the situation at home and away, Guangdong team is more likely to advance, and it is not difficult for Guangsha team to win the game. Let’s wait and see.