New Way out for Real Estate | What impact will the new real estate model have on the property market?

[Editor’s note]

 The Central Economic Work Conference proposed to actively and steadily resolve real estate risks and promote the stable and healthy development of the real estate market. Improve the relevant basic systems and accelerate the construction of a new model of real estate development. How to build a new model of real estate development? What are the new outlets for China real estate in the new year?

It has been two years since the "new real estate model" was first mentioned at the Central Economic Work Conference in 2021. With the changes in the relationship between supply and demand in the real estate market, the necessity and urgency of exploring new models have further increased.

In November, 2023, Ni Hong, Minister of Housing and Urban-Rural Development, explained the "New Model of Real Estate Development" for the first time in an interview with Xinhua News Agency, which mainly expounded the ideas and considerations of building a new development model from the aspects of concept, system and mechanism and implementation.

In an interview with The Paper, the insiders said that the "three major projects" such as planning and building affordable housing are the key breakthrough directions for building a new model of real estate development. So, what impact will the new model have on the property market?

Pattern change: the housing system presents a dual-track pattern.

Recently, with the centralized construction of over 10,000 sets of allotment-type affordable housing in Fuzhou and Shenzhen, a new round of affordable housing construction was officially launched. What impact does the new round of affordable housing construction have on the property market and whether it will have a further impact on the price of commercial housing has become a topic of concern to everyone.

In an interview with The Paper, Wang Yeqiang, a researcher at China Academy of Social Sciences and director of the Real Estate Committee of China Urban Economics Association, pointed out that the new round of affordable housing construction is the perfection and supplement of China’s characteristic housing system. In the current overall downturn of the property market, the construction and investment of affordable housing will help stimulate the recovery of housing investment, expand market demand and boost confidence in the property market. Especially for the situation of oversupply in some cities and individual areas, the central government has proposed that we can make full use of the approved and unbuilt land recovered according to law, the housing and land disposed by the judiciary to raise allotment-type affordable housing, which is conducive to alleviating the structural contradictions in the current housing market.

In an interview with The Paper, Li Xiao, director of the Real Estate Chamber of Commerce of the All-China Federation of Industry and Commerce, pointed out that the new round of affordable housing construction is an important part and an important measure of the dual-track real estate model.Among them, it is marked by increasing the construction of affordable housing and the closed management of affordable housing, and it is a track to solve the housing needs of low-income groups with affordable housing; Liberalizing the land price limit as the guide, gradually liberalizing the administrative management and control as the representative, and solving the housing demand of the middle and high income groups in the market is another track of the dual-track system.

"The future housing system presents a dual-track pattern. In the future, the scale and pace of development of affordable housing will gradually be faster than that of commercial housing."In an interview with The Paper, Zhang Bo, president of 58 Anjuke Research Institute, said that in the future, under the dual-track system, the pace of construction and development of affordable housing will be further accelerated, especially in 35 pilot cities with an urban population of over 3 million. From the perspective of security objects, the focus will be on people with low income and no self-owned housing, and targeted support will be given to talents. This is an important way to solve the problem of "home ownership", but from the perspective of the construction and listing of affordable housing, the supply of affordable rental housing will occupy a high proportion in the future.

In Li Xiao’s view, "marketization, after decades of development, the market supply is very mature, and what is lacking at present is affordable housing, so the new round of affordable housing construction is accelerating to make up classes. Once the affordable housing keeps up with this track, it will have many effects on the property market. On the one hand, it is conducive to improving people’s livelihood, promoting the healthy development of the real estate market, and facilitating the stable and healthy development of investment and the real estate market. On the other hand, it can alleviate the housing difficulties of urban low-income families, solve the structural contradictions of housing, and promote the steady development of urbanization and real estate market. In addition, for areas with high pressure on stock housing, it will increase the difficulty of unsold projects. "

Concept change: commercial housing returns to "commodity" attribute

For the current commercial housing market, Zhang Bo believes that although the listing scale of commercial housing will tend to decrease in the future, the product strength will be more improved. Whether it is a private enterprise or a central state-owned enterprise, the construction of commercial housing must go beyond the original standardized products, and several sets of huxing and several community styles will play a national routine. Because commercial housing will return to the "commodity" attribute in the future, that is, the price will be determined by market supply and demand, and the per capita living area of many cities has reached a high level at present.If we can’t build better products that can meet the demand, it will be difficult to perform well in the market in the future.

In an interview with The Paper, Li Xiao mentioned that the current general policy intention is to advance according to the positioning of "dual track system". Under this great judgment, it should be a reasonable judgment that the construction and supply of affordable housing will speed up Shuang Sheng. "I think that the overall scale of the follow-up distribution-type affordable housing will be greatly improved, but it will not occupy a major position in the affordable housing system. All the affordable housing systems represented by rent-type and distribution-type will eventually complement each other and keep pace with the commercial housing system."

Among them, a prominent feature of the new round of affordable housing construction is to expand the new way of placing affordable housing. Recently, Shenzhen, Fuzhou, Nanning and other places have landed to explore allotment-type affordable housing.

Taking Shenzhen as an example, the first batch of 13 affordable housing projects with a total land area of 177,000 square meters and a construction area of 757,000 square meters were started in Shenzhen, with a total investment of about 12.5 billion yuan and a total of more than 10,000 houses. The transportation, education and business facilities around the projects are relatively perfect.

Perfecting the security system is conducive to the further marketization of commercial housing

With the start of the first batch of allotment-type affordable housing, Wang Yeqiang pointed out that allotment-type affordable housing construction is a useful supplement to the housing security system. Strictly speaking, the existing shared property houses and talent houses are allotment-type affordable housing. The difference is that the allotment-type affordable housing proposed at present adopts a closed operation mode, which is more conducive to giving full play to the housing security function. The housing system in the future will adopt the model of "guarantee+market". For the commodity housing in the market system, its price is completely determined by the relationship between market supply and demand, with ups and downs. For affordable housing, the price is much lower than the market price by adopting the principle of capital preservation and low profit.

Zhang Bo also mentioned that the relationship between affordable housing and commercial housing is mutual combination, not competition.Because there are obvious differences between the two customer groups, they can’t circulate with each other. Therefore, the improvement of the affordable housing system is conducive to further opening up the policy space for market-oriented regulation in the field of commercial housing, which will promote the development of commercial housing in the direction of high quality and better meet the middle and high-end improvement needs.Promoting the new model of real estate development will be an important measure in the next real estate cycle. In the "three major projects", the renovation of affordable housing and urban villages is closely related to the dual-track system, and it is also an important measure for the new real estate model to land in an orderly manner.

Li Xiao mentioned, "From the market perspective, allotment housing may affect the relationship between supply and demand in the real estate market to a certain extent, but the specific impact on the price of commercial housing needs to be comprehensively analyzed in combination with local market conditions and policies."

"On the land supply side, the land for affordable housing will be allocated more, and at the same time, the long-term operability of the project will be taken into account. The saleable affordable housing will be placed according to the principle of guaranteed profit and low profit, and the price will be strictly controlled during the land allocation stage. Affordable rental housing will take the form of multi-channel co-construction, which may not be completely solved by new land supply. Land involved in improving living will still be auctioned, mainly for the commercial housing market. Since the coverage groups of commercial housing and affordable housing do not overlap, more will develop in the direction of mid-to-high-end improvement in the future. To pursue buyers with higher quality and larger area, they can only choose from commercial housing. " Zhang Bo said.

Social network with fire travel IP uses profound cultural heritage to capture "the traffic that pours into the sky"

  Where have you planted grass recently? With the internet deeply embedded in people’s daily lives, social networks have become the main position for the spread of cultural tourism projects. Zibo BBQ, Tianshui Mala Tang, Guizhou "Village Supermarket", Chaoshan singing and dancing … … Relying on the fission spread of social networks, a number of phenomenal IP’s of cultural tourism have sprung up and gained popularity, which has driven the explosive growth of cultural tourism industry and promoted the local brand and image. Many places are also eyeing the new opportunities brought by social network communication, starting the "rocking people" mode and striving to become the next destination in online celebrity.

  Shandong Zibo barbecue

  "The fragrance of wine is also afraid of the depth of the alley", and the ingenious fancy propaganda has generated different traffic passwords, which has enabled many natural landscapes and cultural heritages of "bred in an inner chamber, with no one knowing her" to spread in a "broken circle". However, in some places, in the process of online marketing, there have also been practices that are divorced from reality, so that tourists come on impulse and return disappointed. For example, some scenic spots rely on "violent retouching" and AI synthetic videos to publish propaganda content that is inconsistent with the actual landscape; Some literary travel performances are over-exaggerated, full of vulgar, kitsch and vulgar pictures; Even the heads of cultural tourism departments in some places followed suit, ignoring the actual development of local cultural tourism, and the performance became self-entertainment. If everything goes too far, promoting "excessive force" will not only make the audience feel tired and resistant, but also raise the expectations of tourists too much and create the impression that "the goods are not right". Internet comment is a "double-edged sword". If it is divorced from reality and over-hyped, the higher it is blown, the worse it will fall.

  Tourists in Jingxi, Guangxi are sightseeing in the scenic spot.

  Rich tourism resources and profound cultural heritage are the basis and foundation for local development of cultural tourism. It is inseparable from sincere attitude and solid service to catch the "sky-splashing traffic". The development of cultural tourism is a comprehensive experience. Although some places are endowed with natural resources, due to insufficient investment in the early stage, weak infrastructure and reception capacity, they cannot meet the diversified needs of tourists, and they lack the ability to deal with emergencies and respond to risks after the influx of huge traffic. While actively operating social network accounts, relevant places need to "keep fit" and cultivate "internal strength", improve the cultural tourism industry chain, and make overall plans to improve the hardware level and software quality.

  Tourists enjoy the scenery in Suzhou scenic spot, Jiangsu Province

  Creating a high-quality cultural travel IP lies in the accumulation of word of mouth. The cultural tourism industry is an important starting point for promoting consumption and expanding domestic demand. It needs to be clear that some scenic spots not only win traffic but also leave word of mouth because they persistently strengthen service quality supervision and create a tourist-friendly tourism environment. All in all, the propaganda of cultural tourism is innovative and grounded, so as to truly retain tourists and win a good reputation. (Zhong Wang, special commentator of Yangguang. com)

Chinese medicine is coming! Eight prevention and treatment "protocols" for adjuvant treatment of pneumonia in novel coronavirus.

  CCTV News:After the outbreak of pneumonia in novel coronavirus, Hubei Provincial Hospital of Traditional Chinese Medicine set up a fever clinic and isolation ward, and set up an expert group to deal with the epidemic. On New Year’s Eve, the expert group formulated eight protocols, covering prevention, influenza, pneumonia and recovery treatment, based on state administration of traditional chinese medicine’s "Notice on Printing and Distributing the Diagnosis and Treatment Plan for Pneumonia Infected by novel coronavirus (Trial Third Edition)" and "Chinese Medicine Prevention and Treatment Plan for Pneumonia Infected by novel coronavirus, Hubei Province (Trial Implementation)".

  On New Year’s Eve, the Agreement on Prevention and Treatment of Pneumonia Infected by novel coronavirus in Hubei Provincial Hospital of Traditional Chinese Medicine (First Edition) was released. The agreement was formulated with reference to state administration of traditional chinese medicine’s Notice on Printing and Distributing the Diagnosis and Treatment Plan for Pneumonia Infected by novel coronavirus (Trial Third Edition) and the Prevention and Treatment Plan for Pneumonia Infected by novel coronavirus in Hubei Province (Trial), combined with the previous practical work.

  Chinese medicine experts believe that novel coronavirus’s pneumonia belongs to the category of "epidemic disease" in traditional Chinese medicine. The disease is located in the lungs because of the feeling of epidemic qi, and its basic pathogenesis features are "wind, heat, dampness, poison and blood stasis". According to the evolution process of patients’ condition, the prevention and treatment agreement scheme (first edition) was formulated for clinical reference.

  Experts stressed that the formulation of the agreement on prevention and treatment of traditional Chinese medicine is not without western medicine, but with the combination of traditional Chinese and western medicine, so as to achieve better curative effect. At present, Hubei Provincial Hospital of Traditional Chinese Medicine announced the agreement for medical institutions’ reference.Please don’t blindly use it yourself, please follow the doctor’s advice.(Hu Meng Xu Jing)

  1. Prevention period

  Pneumonia Prevention No.1: Radix Astragali 15g, fried atractylodes 10g, Radix Saposhnikoviae 10g, Rhizoma Osmundae 6g, Flos Lonicerae 10g, Pericarpium Citri Tangerinae 6g and Eupatorium odoratum 10g.

  Indications: prevention of viral pneumonia and influenza

  2. Influenza period

  2.1 Wind-cold attacking exterior syndrome

  Clinical manifestations: initial fever, mainly low fever, aversion to cold, headache, dry throat, sore limbs and muscles, no sweat or sweating at night.

  Examination and tongue pulse: lung CT examination was negative. The tongue is pale with thin white fur and floating pulse.

  Treatment: dispelling wind and relieving exterior syndrome, clearing away heat and toxic materials.

  Recommended prescription: Influenza No.1 (Gegen Decoction or Chaige Jieji Decoction)

  15g of kudzuvine root, 10g of ephedra, 6g of cassia twig, 15g of white peony root,

  10g of ginger, 10g of raw licorice, 10g of jujube and 20g of honeysuckle.

  15g of Radix Angelicae Dahuricae for headache, and 15g of Rhizoma Belamcandae for dry throat, itching and dry cough.

  2.2 Syndrome of Heat Poisoning Attacking Lung

  Clinical manifestations: fever, aversion to cold, dry throat pain, dry cough with little phlegm, muscle pain in limbs, fatigue and headache.

  Examination and tongue pulse: lung CT examination is negative or sporadic ground glass-like high density shadow can be seen. The tongue edge is red, the coating is thin, white or yellowish, and the pulse is floating.

  Treatment: dispelling wind and relieving exterior syndrome, clearing away heat and toxic materials.

  Recommended prescription: Flu No.2 (Yinqiao Powder plus Qingwen Baidu Powder)

  10g of honeysuckle, 10g of forsythia suspensa, 10g of Schizonepeta tenuifolia, 10g of burdock,

  10g of mint, 10g of raw licorice, 10g of lophatherum gracile, 15g of reed rhizome,

  Coptis chinensis 6g

  3. Pneumonia stage

  3.1 shaoyang with dampness syndrome (fever mainly accompanied by cough, no wheezing, chest tightness, flatulence, equivalent to the early stage of pneumonia)

  Clinical manifestations: fever, mainly in the afternoon, cold and fever, cough, no wheezing, dry mouth and bitter taste, full chest and hypochondrium, upset and nauseous, silent desire to eat and drink, fatigue, pale tongue and greasy fur.

  Examination and tongue pulse: multiple or large ground glass-like high-density shadows of both lungs can be seen on lung CT examination. The tongue is slightly red with white or yellow fur, thick and greasy, and the pulse is slippery.

  Treatment: reconciliation of shaoyang and clearing away dampness and heat.

  Recommended prescription: Pneumonia No.1 (Xiaochaihu Decoction combined with Sanren Decoction or Ganlu Xiaodu Dan)

  24g of Bupleurum, 9g of Scutellaria baicalensis Georgi, 10g of ginger, 12g of Rhizoma Fagopyri Preparata,

  15g almond, 10g cardamom, 30g coix seed, 15g bamboo leaves,

  15g of talc, 30g of Smilax glabra and 10g of raw licorice.

  3.2 Damp-heat Stagnation of Lung Syndrome

  Clinical manifestations: low or no fever, dry cough, scanty phlegm, dry throat, sore throat, lassitude, anorexia, chest tightness, epiglottis, or nausea, loose stool.

  Examination and tongue pulse: multiple or large ground glass-like high-density shadows of both lungs can be seen on lung CT examination. The tongue is pale or reddish, the tongue body is fat, accompanied by tooth marks, white or greasy fur, and the pulse is moist or slippery.

  Treatment: Eliminating dampness and detoxicating, dispersing lung qi and eliminating evil.

  Recommended prescription: Pneumonia No.2 (Maxing Yigan Decoction, Xiaoxiong Decoction, Caoguo Zhimu Decoction)

  10g of ephedra, 10g of almond, 30g of coix seed, 6g of coptis root,

  10g of Faxia, 10g of Trichosanthes, 10g of Amomum tsaoko, 10g of Anemarrhena asphodeloides,

  15g of houttuynia cordata, 10g of raw licorice and 9g of cardamom.

  3.3 Syndrome of Stagnation of Lung by Toxic Blood Stasis

  Clinical manifestations: cough, chest tightness and bloating, asthma, obvious movement, shortness of breath, thirst and irritability, red and yellow urine.

  Examination and tongue pulse: multiple or large ground-glass high-density shadows of both lungs can be seen on lung CT examination, and pulmonary consolidation or fibrosis can be seen. The tongue is purple and dark, the coating is yellow or dry or thick and greasy, and the pulse is slippery.

  Treatment: detoxifying and relieving asthma, removing blood stasis and dredging collaterals.

  Recommended prescription: Pneumonia No.3 (Baihu Decoction plus ginseng soup and Situ Decoction)

  Gypsum 30g, Anemarrhena rhizome 10g, Chinese yam 15g and American ginseng 5g.

  Rhizoma Smilacis Glabrae 30g, Radix et Rhizoma Rhei 10g, Bulbus Fritillariae Thunbergii 10g, Radix Achyranthis Bidentatae 10g.

  10g of sappan wood, 10g of Eupolyphaga Seu Steleophaga, 15g of orange collaterals and 20g of radish seeds.

  15g of prickly heat seeds and 30g of loofah sponge.

  3.4 syndrome of internal closure and external detachment

  Clinical manifestations: dizziness, irritability, burning in the chest and abdomen, cold hands and feet, shortness of breath or need for auxiliary ventilation. The tongue is purple, with yellowish brown or dry fur, and the pulse is floating and rootless.

  Treatment: open and close to remove the solid, detoxify and save the inverse.

  Recommended prescription: Pneumonia No.4 (Sini plus ginseng soup, Angong Niuhuang Pill, Zi Xue Powder)

  10g of ginseng, 10g of prepared aconite root, and angong Niuhuang pill or Zi Xue powder.

  4. Recovery period

  Clinical manifestations: no fever, dry cough, chest tightness, shortness of breath, shortness of breath when moving, dry mouth and fatigue.

  Examination and tongue pulse: lung CT examination showed that inflammation began to be absorbed and interstitial changes in the lung. The tongue is reddish, greasy or thick with fur, and the pulse is thready.

  Treatment: invigorating qi and nourishing yin, tonifying lung and dredging collaterals.

  Recommended prescription: Pneumonia No.5 (Shashen Maimendong Decoction)

  15g of Adenophora adenophora, 15g of Ophiopogon japonicus, 15g of Schisandra chinensis and 12g of ginseng.

  15g of radish seed, 15g of loofah sponge, 15g of tangerine peel and 12g of perilla seed.

  12g of Fritillaria thunbergii, 12g of almond, 15g of Scutellaria baicalensis Georgi and 10g of raw licorice.

Recommended long-life version of the 2024 Extreme Yue 07 car purchase guide.

  On September 10th, its second model was officially launched. The new car not only adopts a streamlined body and a slip-back design to accurately capture the aesthetic pulse of young consumers, but also combines Baidu Apollo’s advanced intelligent driving technology with Geely’s vast SEA architecture to bring users a smart enough travel experience. Then how to choose a new car, this issue of the "Car Guide" will answer you.

The above manufacturer's guide price only represents the price on September 18, 2024. If there is any change, please take official website as the standard.

  Extreme Yue 07 has launched three models with a price range of 20.99-29.99 million yuan. At the same time, users who buy cars before 24: 00 on September 30, 2024 and get their cars before January 31, 2025 can enjoy limited-time preferential prices, equipment upgrade gifts, worry-free car use gifts and other rights, among which the limited-time preferential prices are 199,900 yuan, 219,900 yuan and 289,900 yuan (please consult your local dealer for details).

First, the model description

  As a new car-making force, the ultra-yue automobile has a unique view on exterior design. The appearance of Extreme Yue 07 adopts family-style design language, and many details are consistent with that of. Penetrating LED daytime running lights with Y-shaped headlights on both sides are full of technology.

  The rear of the car adopts a slip-back design, and the visual effect is quite sporty. The penetrating taillights echo the headlights, and a blue-green indicator light is set at the bottom to show the charging status.

  In terms of rims, according to the existing news, the new car offers three rim styles, including two low-wind resistance rims. In tyre size, the entry-level and mid-range models are equipped with 255/45 R19 tires as standard, and the top-range models can be equipped with 265/40 R20 tires as standard.

  In terms of body color, the new car has launched six body colors for consumers to choose from. Among them, titanium crystal gray and Yinhe purple car paints are free for a limited time, and it will cost 6000 yuan if they are overdue.

  In terms of interior, the new car also continues the family-style design. The 35.6-inch 3D unbounded integrated large screen is very eye-catching, which integrates the dashboard, central control screen and passenger entertainment screen. The car has built-in Qualcomm Snapdragon 8295 chip, and AI finally has 60TOPS. In addition, the new car is also equipped with the official version of ASD(Apollo Self Driving) Apollo Advanced Intelligent Driving 2.0 with end-to-end large model technology.

  In terms of power, the new car offers two versions of single motor and double motor. The former is 400V architecture and the latter is 800V architecture. The total motor power is 200kW and 530kW respectively. According to different vehicle configurations, the pure electric cruising range of CLTC is divided into 660km, 880km and 770km.

It’s really sporty. Changan Ford brand new Focus 1.5T

    [XCAR test original]

    A few days ago, my colleague Duan Bin spoke highly of the brand-new Focus 1.5T after test driving in Beijing. After reading the article, I was a little dissatisfied. After all, it seems that this is only an official big change. How can there be such a completely new driving performance? Although the Focus car has always been called as a compact sports car, and it has been sought after by many modification enthusiasts, I have also driven the sports version before the modification. The matching of the 2.0L naturally aspirated engine and the dual-clutch gearbox can only be said that different people have different opinions.

    Design dialogue: Duan Bin"What nonsense! Do you dare to try?

    Here, I don’t want to argue with my colleagues. As the saying goes, it’s mules or horses that come out for a walk! So I swung the "little whip" and used professional instruments to spur this brand-new Focus 1.5T model, which is being gradually pushed to the main force by Ford.

New Focus 1.5T Test

    Analysis on the power of 1.5T;

    First of all, the cylinder head and middle cylinder of this engine are mainly made of aluminum alloy. Aluminum alloy material is beneficial to reduce the weight of the finished product, and the metal property with fast heat conduction speed is also beneficial to control the working temperature of the engine, especially for the turbo-engine with high working temperature, the temperature control is particularly important.

    The turbocharging system of Ford’s 1.5T engine is provided by Borg Warner, and its main model is B01, which is a product tailored for small displacement engines. However, in order to improve the response speed of turbocharging system, Ford also applies integrated exhaust system and underwater cooling system in supporting technologies. Then the question is coming! What is an integrated exhaust system? What is the water cooling system?

Changan Ford 2015 New Focus hatchback

    On the integrated exhaust and water cooling system;

    In fact, it is not difficult to understand these two technologies. As we know, the working principle of turbocharging is to use the engine exhaust gas to blow the connecting shaft in the turbine housing to make the compressor end work. In the traditional design, it takes a long distance for the exhaust gas to enter the turbine shell from the exhaust end, and the long exhaust gas stroke will inevitably affect the reaction speed of the turbine and cause delay. However, the integrated exhaust system firstly concentrates the engine exhaust gas in the cylinder and sends it into the compressor shell, which greatly shortens the intake stroke, improves the exhaust gas passing efficiency and effectively reduces the occurrence of turbine delay.

Changan Ford 2015 New Focus hatchback

    In addition to the improvement of exhaust manifold technology, the Borgwarner B01 turbine equipped in the original car is also specially built for small displacement engines. The electronic transmission device with noise suppression function controls the compressor and impeller, and optimizes the design of bearings and impellers, which has stronger reaction ability.

    Water cooling system:

    So what is the underwater cold design? In fact, this design is very common at present. According to the principle knowledge we have received, the oxygen content density in the air passing through the turbo-charged body will also decrease due to the increase in temperature. If this air is inhaled into the combustion chamber, it will easily knock, which is not conducive to the efficient use of fuel. Therefore, the necessary cooling must be carried out before this part of hot air enters the combustion chamber. At this time, the intercooler we often mention will play a role. The traditional intercooler, which was widely used a few years ago, used the windward side to cool the intercooler after the hot air directly entered the intercooler. However, the intercooler itself occupied quite a lot of engine room space, and put forward higher requirements for the layout of the intake pipe, so the layout of the intake pipe would generally be extended for a long time, which led to the delay increase due to the long intake stroke. However, the underwater cooling design is to arrange water channels in the intake manifold and exchange intake heat by liquid flow, so as to reduce the intake temperature. This design greatly saves the space in the engine compartment, and at the same time gets rid of the problem of long pipeline layout caused by traditional air-cooled cooling, thus shortening the delay.

Changan Ford 2015 New Focus hatchback

   Test data:

    In the end, this 1.5T engine, code-named CAF479WQ2, can explode up to 240Nm, with a maximum output of 133kW. The data even exceeds that of many 2.0L naturally aspirated engines, and it is slightly improved compared with the 1.6T engine used by Ford before.

 

    Accelerated testing:

    We use the catapult start mode to carry out the acceleration test. During the initial acceleration, the power unit gives people obvious momentum, but the fly in the ointment is that the original comfortable tire has a relatively average grip performance, which leads to obvious slippage and wastes time. However, it is worth mentioning that, although the axle shaft with equal length design is not adopted, the effect of restraining torsion steering of Focus 1.5T is still excellent. In the end, the acceleration time of the new Focus 1.5T is locked at 9.24 seconds.

Changan Ford 2015 New Focus hatchback

Changan Ford 2015 New Focus hatchback

    Brake test:

    During the braking test, the front suspension of the new Focus suppresses the body posture well, but there is still a slight nodding phenomenon. However, when the brake pedal is slammed, the feedback of the braking system is particularly linear, and neither the driver nor the passenger will feel too violent braking discomfort. In the end, the braking distance of the new Focus 1.5T is 39.55 meters, which is quite excellent compared with the compact model of the same class.

Changan Ford 2015 New Focus hatchback

Changan Ford 2015 New Focus hatchback

    Pile winding test:

    The adjustment orientation of the suspension system of the new Focus is quite sporty. The front of the car has a strong directivity, and the suspension limit in the process of winding the pile is very high. As long as it is not the wrong big foot to replenish oil, the front of the car will not be pushed out. As the speed increases, the rear of the car will swing, but the feedback given by the whole suspension can make me confident to control its attitude. However, during the whole test process, the body still showed obvious tilting phenomenon, but this will not affect its accurate control feedback.

Changan Ford 2015 New Focus hatchback

Changan Ford 2015 New Focus hatchback

In the mid-autumn night, the stars fly over L, and the moon is not crowded or impetuous.

On the Mid-Autumn Festival, the bright moon hangs high, and it’s really a pleasure to travel with my family on the Geely Star. Xingyue L is not only fashionable in appearance and spacious in space, but more importantly, its driving experience and comfort are impressive.

As a compact SUV based on CMA architecture, Xingyue L has been widely recognized by consumers for its excellent comprehensive performance since its launch. Today, I will take you to have an in-depth understanding of the space and power performance of this car.

Let’s take a look at the spatial configuration of Xingyue L. It has a wheelbase of 2845mm, which makes Xingyue L stand out among similar models. The interior of the car is spacious, and the front and rear rows provide sufficient legroom, so even taller passengers can enjoy a comfortable ride. Especially in the rear seats, the low-level design makes it not crowded even if three people ride at the same time.

The storage space of Xingyue L is also quite user-friendly, with 26 storage designs. No matter mobile phones, drinks or sundries, you can find a suitable location. This attention to details has significantly improved the practicality and convenience of vehicles.

Let’s talk about the power system of Xingyue L. The car is equipped with a high-performance 2.0TD engine, matched with a 7DCT or 8AT gearbox, and offers two-wheel drive and four-wheel drive versions. Among them, the 2.0TD high-power engine has a maximum power of 175kW and a maximum torque of 350N·m, with excellent performance and rapid acceleration response. In daily driving, no matter commuting in the city or driving at high speed, Xingyue L can provide enough power support and the driving experience is extremely smooth.

The chassis adjustment of Xingyue L also takes into account the handling and comfort. The steering wheel has accurate feedback and good body stability, and the vehicle can maintain good driving feeling and ride comfort even when driving at a high speed or turning sharply.

With its spacious space configuration and excellent power performance, Xingyue L has become a very recommended model. In this Mid-Autumn Festival, no matter whether you plan a long-distance trip or a short trip to the city, Xingyue L can provide you and your family with a safe and comfortable journey experience. Let’s start by car and share this wonderful holiday time!

Changsha FAW-Volkswagen CC price reduction news! The latest offer is 181,900 yuan, which is special for a limited time.

[car home Changsha Preferential Promotion Channel] At present, there is a substantial price reduction activity in Changsha market, with the highest preferential amount reaching 60,000 yuan and the lowest starting price of 181,900 yuan. If you are interested in this model, you may wish to click "Check the car price" in the quotation form to strive for a higher preferential price.

长沙一汽-大众CC降价消息!最新报价18.19万,限时特惠

The appearance design of FAW-Volkswagen CC has attracted much attention for its unique charm and elegant lines. The front face adopts family-style design language, and the middle net adopts flat design, which is connected with sharp LED headlights on both sides, making the whole front face look more dynamic and sharp. The side lines of the car body are smooth and the proportion of the car body is coordinated, creating a sense of movement and luxury. On the whole, the design of FAW-Volkswagen CC is simple and stylish, showing a unique charm.

长沙一汽-大众CC降价消息!最新报价18.19万,限时特惠

FAW-Volkswagen CC has a body size of 4869*1870*1459mm and a wheelbase of 2841mm, showing a slender and dynamic sideways line. The front and rear wheel tracks are 1586mm and 1572mm respectively, which ensures the stability and handling of the vehicle. Equipped with 245/45 R18 tyre size and fashionable rim design, FAW-Volkswagen CC not only shows the sporty atmosphere, but also has excellent grip and stability.

长沙一汽-大众CC降价消息!最新报价18.19万,限时特惠

The interior design of FAW-Volkswagen CC is exquisite and elegant, creating a high-end luxury atmosphere. Its steering wheel is wrapped in leather, which feels comfortable and supports manual adjustment up and down and back and forth, providing drivers with high operational flexibility. The center console is equipped with a 9.2-inch high-definition touch screen, which integrates the functions of multimedia system, navigation, telephone and air conditioning control. Through the advanced voice recognition control system, users can easily operate it. In addition, the front row and the rear row are equipped with USB and Type-C charging interfaces to meet various charging needs. In terms of seats, FAW-Volkswagen CC adopts leather /Alcantara mixed material. The front seats not only have heating function, but also support multi-directional adjustment and lumbar support, providing excellent comfort experience for drivers and passengers. The rear seats can be laid down in proportion, further improving the storage space of the vehicle.

长沙一汽-大众CC降价消息!最新报价18.19万,限时特惠

FAW-Volkswagen CC is equipped with a 2.0T engine, with a maximum power of 137kW and a maximum torque of 320 N m. It adopts L4 layout and cooperates with a 7-speed wet dual-clutch gearbox to bring excellent power performance and fuel economy to drivers.

The owner of car home said: "The most satisfying thing is the CC’s face value, which is also a big selling point of this car. Whether it is in Volkswagen or in many star models, the CC’s face value is very good."

Cost-effective Selection of Hongqi HS7 Automatic Manual Transmission (AT)

The new hs7 adopts the latest family-style design language in appearance, and the overall design is younger. The air intake grille with straight waterfall at the front of the car is larger in size, and the chrome-plated decorative strip with straight waterfall in the middle is very exquisite, and it is directly connected with the air intake grille from the outer edges of headlights on both sides, which looks very design-oriented.

In terms of interior, the overall design style of the new car is basically the same as that of the current model, and the details have also been adjusted. For example, it is equipped with a full LCD instrument panel of considerable size and a floating independent touch screen, equipped with a touch-sensitive air-conditioning panel, and equipped with an electronic lever, which is full of technology. In addition, the new car will be equipped with a brand-new three-spoke type.

The length of the car is 4995mm, the width of the car body reaches 1960mm, and the wheelbase is 2920mm, which is quite satisfactory. In the same class, the wheelbase of Hongqi HS7 ranks 75th. The interior space of the car is relatively spacious at the same level, the height and width of the car are ideal, and the legroom in the back row will not feel cramped, which belongs to the upper-middle level at the same level. The 6-seat skylight of the Red Flag HS72.0T Four-wheel Drive Flag Edition provides a wider view, which can create a better visual environment and good sensitivity for the rear passengers and increase the light entrance for the whole vehicle. Among the models of the same price and class, the trunk volume of Hongqi HS7 ranks 118th. Spatial performance is limited by vehicle positioning, and the performance is acceptable, and the flatness is no problem, but the total space is average.

Red Flag HS72.0T Four-wheel Drive Flag Edition 6 seats adopt a 2.0 engine, with a maximum horsepower of 252 and a peak torque of 380, matching the automatic manual transmission (AT). The whole power parameters are superior in power performance among engines of the same class, which can provide better power performance. The official measured acceleration score of Hongqi HS7 is 8.8S, ranking 176th among SUV models with more than 800,000.

The active/passive safety configuration of Hongqi HS7 is complete, includingAutomatic parkingZero tire pressure endurance tireAutomatic parkingSteep slope descenthill start assist controlknee airbagHUD head-up displayAnti-lock braking (ABS)Braking force distribution (EBD/CBC, etc.)Brake assist (EBA/BAS, etc.)Traction control (ASR/TCS, etc.)Active noise reductionEngine start and stopSide safety air curtainWireless charging of mobile phonenight vision systemLED daytime running lightsForward reversing radarTire pressure monitoringSteering wheel heatingBody stability control (ESP/DSC, etc.)Rear reversing radarFatigue reminderRemote parkingChild seat interfaceLane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

In addition to the above description, we can also go to the Easy Car Forum to browse more real car feedback from actual buyers, or use our experience.

Qingdao Blue Electric E5 price reduction information, discounts 40,100! Sufficient car

Welcome to the Autohome Qingdao promotion channel, bringing you a car buying feast that cannot be missed. At present, the popular models we are paying special attention to are being promoted with amazing intensity. In this beautiful city of Qingdao, car buyers have the opportunity to enjoy a cash discount of up to 40,100 yuan, which further reduces the starting price of the already highly competitive Blue Electric E5 to 99,800 yuan. This is a rare car buying opportunity. If you are interested in this model, be sure to click "Check Car Price" in the quotation form to get the latest market offer details and seize this great opportunity to save budget.

青岛蓝电E5降价信息,优惠4.01万!现车充足

[Introduction to the appearance of the blue electric car series E5] The blue electric E5 shows an avant-garde and elegant appearance style with its unique design concept. The front face design is sharp, with a streamlined air intake grille, giving the vehicle a dynamic visual impact. The overall shape is simple and powerful, creating an atmosphere of future technology, highlighting its unique position in the same class.

青岛蓝电E5降价信息,优惠4.01万!现车充足

The Blue Electric E5 has a slender and dynamic body design, with a body size of 4760mm*1865mm*1710mm and a wheelbase of 2785mm, providing a spacious interior space. The side lines are smooth, reflecting exquisite proportions and elegant posture. The front and rear wheel tracks are 1585mm and 1580mm respectively, providing a solid foundation for driving stability. The tire size is 225/55 R18, and the stylish wheel design not only enhances the visual impact, but also ensures the performance of the vehicle in various road conditions.

青岛蓝电E5降价信息,优惠4.01万!现车充足

The interior design of the Blue Electric E5 is dominated by simplicity and technology, with exquisite details. The steering wheel is made of leather material to provide a good grip, and supports manual up and down adjustment to adapt to the driver’s needs. A 12.3-inch large-size touch screen is equipped on the center console, which integrates intelligent functions such as multimedia system, navigation, telephone, air conditioning and sunroof, making it easy and intuitive to operate. As for the seats, the front seats are made of imitation leather material, which supports front and rear, backrest and high and low multi-directional adjustment, providing passengers with a comfortable ride experience. At the same time, the rear seats are also equipped with backrest adjustment function and support proportional reclining to meet the space needs in different scenarios. The overall interior design takes into account both practicality and luxury, creating a pleasant in-car environment for drivers and passengers.

青岛蓝电E5降价信息,优惠4.01万!现车充足

The Blue Electric E5 is equipped with a 1.5L displacement L4 engine with a maximum power of 81 kilowatts, providing continuous power support for the vehicle. The maximum torque of this engine is 135 Nm, and it is matched with an E-CVT continuously variable transmission, which ensures smooth and efficient power transmission.

In general, Autohome owners are full of praise for the appearance of the Blue Electric E5, believing that its atmospheric and calm style and exquisite detail design enhance the appearance of the vehicle. He specifically mentioned the waist line and luminous light strips that run through the body, as well as LED headlights, which together create a high-end visual effect that transcends the sense of price. For consumers who pursue both internal and external repair, the Blue Electric E5 is undoubtedly a worthy choice.

Xinhua News Agency Economic Information Daily focuses on the "eldest son of the Republic" China FAW reform and innovation

It’s not a good idea.

Reporting by Duan Xu, Zhang Jian and Changchun

FAW, the starting point of New China’s automobile industry. Seventy years ago, on July 15, 1953, the groundbreaking ceremony of the First Automobile Factory was held in the southwest suburbs of Changchun City, where the first car, the first Dongfeng brand car, and the first Hongqi brand high-end car were developed and manufactured in New China… FAW ushered in a new era of new China’s automobile industry from scratch.

On July 15, 2023, China’s automobile industry celebrated its 70th birthday, and China FAW, the "eldest son of the Republic," also celebrated its 70th birthday. In Changchun, China FAW held a celebration to commemorate this occasion.

With the support of the whole country, FAW was completed and put into production, realizing the leap from scratch in our country’s automobile industry. Since the reform and opening up, in the face of the reality that domestic automobile products were "less heavy and less light" and insufficient production capacity at that time, FAW accelerated the construction of modern production bases, vigorously developed light vehicles and cars, established joint ventures, and rapidly improved manufacturing capabilities. In recent years, FAW has focused on promoting reform and innovation, developing the Hongqi brand with the strength of the whole group, improving the independent research and development system, and promoting the reform of the system and mechanism to break the "iron rice bowl", and the enterprise has been reborn.

With the original intention and mission of "auto power", FAW and many brother enterprises and units together, fully promote the new China automobile industry from scratch, from weak to strong, strive to master key core technologies, make the national automobile brand bigger and stronger, and inject strong impetus into the Chinese path to modernization.

China FAW Group NBD headquarters building (drone photo). Photo by reporter Xu Chang

It’s not a good idea.Starting from scratch, laying the foundation for China’s automotive industry

Walking on Dongfeng Street in Changchun City, the white marble cornerstone of the "First Automobile Manufacturing Factory" stands tall, together with the solemn and atmospheric FAW early buildings.

Recently, the "China 500 Most Valuable Brands in 2023" released by the World Brand Lab shows that the brand value of FAW in 2023 is 429.157 billion yuan, ranking first in the automotive industry. Hongqi’s brand value in 2023 is 115.529 billion yuan, ranking first in the passenger car brand industry. The brand value of Jiefang 2023 is 118.776 billion yuan, ranking first in the commercial vehicle brand industry. These first places become the latest annotations of FAW’s 70-year continuous struggle to achieve brilliant results.

Looking back to the early days of the founding of New China, "when will the Chinese people be able to drive their own cars" is not only a dream of many people, but also a question of the times. Under the guidance of the "Instructions of the Central Committee of the Communist Party of China on Striving to Build Changchun Automobile Factory in Three Years", New China concentrated its efforts to do great things. Thousands of cadres and people gathered in Changchun to cultivate and build FAW.

Drawing on the strength of the whole country, it will be completed and put into operation in three years; starting from scratch, it will open up the beginning of the new Chinese automobile industry.

"In order to welcome the tenth anniversary of the founding of New China, we took on the task of manufacturing a high-end car," recalled Dou Shuxiang, a retired employee. At that time, time was tight, and the drawings were too late to draw. Everyone made a bold decision – to hit it directly with a hammer! Summoned the country’s top sheet metal masters, hung up more than 2,000 spare parts drawings, adopted the method of "catching the temple fair" to recruit talents, and skilled craftsmen rushed to trial-produce the pictures… On August 1, 1958, the first Hongqi high-end car was successfully trial-produced, which took only more than a month.

Hard work, innovation and development are rooted in FAW’s bloodline. In the process of reform and opening up, FAW has kept up with the pace of the times. Since the 1980s, it has joined hands with Volkswagen, Toyota and other world auto giants. Domestic Audi, Jetta, Bora and other models are deeply loved by the masses, absorbed a lot of technology and advanced management experience, and laid the industrial chain, technology and talent foundation for our country’s auto industry to catch up with the world’s advanced pace. It also "blocked" the loss of foreign exchange caused by imported cars.

Qiu Xindong, general manager and deputy party secretary of FAW, said that FAW ended the history that New China could not build cars, and established two national brands, "Liberation" and "Red Flag", which produced technology, talents and experience, and made significant contributions to the country’s economic development and national defense construction.

The development of FAW has witnessed the development of China’s automobile industry along the way, cultivating a large number of industrial talents who understand technology and management, and promoting the growth and expansion of the industrial chain.

Over the past 70 years, China’s automobile industry has developed from a manufacturing plant to a large number of automobile enterprise groups, and from a national automobile brand to a large number of well-known national automobile brands, forming a complete modern industrial system. Today, our country has long since grown from a country with a lack of industry to the world’s largest automobile producer and consumer. It has become the world’s largest automobile production and sales country for 14 consecutive years, and the scale of new energy automobile production and sales has ranked first in the world for 8 consecutive years. In the first quarter of this year, our country’s automobile exports took the first place in the world.

Workers assemble vehicles in the FAW Jiefang assembly workshop. Photo by reporter Xu Chang

It’s not a good idea.Continuous research to make core technologies autonomous and controllable

"Control key core technologies" "Establish a national car brand" "Build a world-class enterprise"… No. 1 Xinhongqi Street in Changchun City is the headquarters of FAW Group, and these slogans can be seen everywhere. In FAW’s office building, people flow during the day and lights are brilliant at night. As an "old state-owned enterprise", FAW is like a start-up company with new vitality.

Enterprises are dynamic and innovative.

Maximum power of 560 kilowatts, performance indicators to achieve international leadership – early this year, by FAW self-developed self-produced V-type 12-cylinder direct injection engine trial production.

The engine is the "heart" of the car. The V12 engine, which has a complex structure and is difficult to develop, represents the highest level of passenger car engines. Foreign established car manufacturers have accumulated deep experience, and as a latecomer, China has been in the blank field for a long time.

The achievement of the V-type 12-cylinder direct injection supercharged engine has condensed the dream of several generations of FAW people. After continuous scientific and technological research, this engine broke the technical barriers of international suppliers for decades and took the initiative in power manufacturing.

In the field of new energy vehicles, FAW is also constantly innovating and forging ahead. On the eve of this year’s Shanghai Auto Show, following the launch of the electric and intelligent platform, the third largest platform of Hongqi’s "flag" high-end electric intelligent super architecture FMEs – the hybrid platform was officially unveiled. The platform created two hybrid engines, 20TD and 15TD, with thermal efficiency of 44.3% and 45.2% respectively, solving the industry problem of balancing "cleaner" and "stronger".

In the era of "architected car building" and "software-defined car", FAW has released "one major architecture and three major platforms" in half a year, fully promoting "All in" new energy, which is rare in the industry.

The first Jiefang brand car, V12 engine, hydrogen engine, DCT400 transmission, high safety and low temperature battery system… From the engine, gearbox, to the motor, electronic control and other key core technologies, FAW continues to learn humbly, insist on innovation, and scale the peak of technology.

Many FAW technical experts interviewed said that the automotive industry is a highly competitive industry, and if you don’t advance, you will retreat. In recent years, FAW has learned to benchmark against world-class standards and continuously promoted technological research and development innovation. In the past three years, FAW has broken through 494 key core technologies such as high-efficiency high-speed electric drive, intelligent wire-controlled chassis, and L3-level intelligent driving, and the "family background" of key core technologies has become increasingly solid.

The automobile industry is one of the most globalized industries, with strong driving ability upstream and downstream of the industrial chain. As a central enterprise and industrial leader, FAW has driven the development of a large number of excellent parts enterprises such as Fuyao Glass and Wanxiang Group.

Faced with the new situation, FAW has also taken on the responsibility of "chain length" of the national new energy vehicle industry chain, integrating innovative forces from all parties to break through the "stuck neck" problems such as chips and operating systems. By taking the lead in establishing industry standards, interfaces, etc., "chain" innovation has driven upstream and downstream enterprises, and joined with domestic backbone enterprises to tackle core technologies. It has done a lot of verification for applications such as domestic chips, cryptographic algorithm systems, and vehicle operating systems, and has made substantial progress.

The welding robot welds the body on the production line of FAW Hongqi Prosperity Factory. Photo by reporter Yan Linyun

It’s not a good idea.Dedicated to reform, allowing R & D personnel to achieve "three has"

Hongqi prosperous factory, the workshop is spacious and bright, unmanned cars shuttle between them, flexible obstacle avoidance, automatic robotic arms "dancing and dancing", nervous and busy, workers operate attentively and methodically. In cyberspace, a digital twin factory is completely mapped with the real workshop, just tap the screen and you can see the running status. One by one, Hongqi new energy models with more advanced technology, updated design and full of international style are assembled and formed, and they come out one after another, rushing from Changchun to all directions.

The smart factory is the silhouette of FAW’s innovation and development. Behind the improvement of market recognition is a series of measures taken by the company to continuously promote the reform of the system and institutions to "strengthen the body".

In September 2017, FAW launched a "four-energy" reform – "cadres can go up and down, employees can come in and out, salaries can be high and low, and institutions can increase and reduce capacity". The whole group competed for recruitment, and senior managers competed for positions.

At that time, FAW and Dongfeng had a cadre training class at Tsinghua University. As soon as FAW’s cadres reported for duty, they received a notice to "all stand up". The next day, only Dongfeng’s people were left in the training class, and all FAW’s people immediately bought tickets to go back to Changchun to participate in the reform.

The reform has touched everyone a lot. Many senior managers have lost their positions due to the reform, and their salaries have also widened the gap, which has thoroughly stimulated everyone’s enthusiasm for entrepreneurship.

FAW broke the tradition of eating "big pot rice", and its R & D investment has increased by an average of 8.6% annually in the past three years. It has implemented methods such as "revealing the list and being in command" and "task contracting", so that R & D personnel have status, platforms, and treatment. A large number of young R & D backbones and craftsmen from big countries have emerged.

At the just-concluded Changchun Auto Expo, the FAW Hongqi brand exhibited 12 products including Hongqi H6, the new Hongqi H5, Xinhongqi HS3, Xinhongqi HS5, Hongqi E-HS9, and Hongqi LS7. At present, the market share of Hongqi brand models has exceeded 1 million, and the annual sales volume exceeds 300,000 vehicles. It is moving towards the scale of 500,000 vehicles sold annually.

Looking back, the road to marketization of Hongqi was not smooth sailing. In order to make this national brand bigger and stronger, in 2017, FAW decided that the headquarters would be directly responsible for the Hongqi brand, and the FAW Group headquarters would directly operate the Hongqi brand. The chairperson, general manager and other executives became the "spokespersons" of the Hongqi brand. The compensation packages of various departments of the headquarters were deeply "bound" to the operation of Hongqi, and changed from strategic control to direct service to users and the market. FAW poured the core talents and resources of the whole group into the Hongqi brand, and strived to create a new road to develop its own brand.

In response to the pain points of few sales and service outlets, FAW built a nationwide Hongqi Experience Center in a short period of time, and launched services such as lifetime free warranty. In addition, Hongqi Marketing also carried out market-oriented reform exploration, inviting a group of young representatives in the fields of culture, art, sports and other fields to serve as Hongqi brand perception ambassadors.

The market is the final examiner. FAW has established an integrated operation mechanism for R & D, supply and marketing, and deployed R & D forces in new businesses such as new energy, intelligent networking, and styling design. It has established a profit connection mechanism with manufacturing and marketing. If the products sell well, the whole chain will benefit. FAW Group leaders only need to open the mobile app to view the R & D progress, consumer feedback problem handling, exhibition drainage, etc. in real time, eliminating the complicated reporting process and forcing everyone to respond to market concerns as quickly as possible.

FAW is also trying to accelerate its overseas market layout. Recently, FAW and Israeli partners held the launch ceremony of Hongqi’s flagship model E-HS9 in Tel Aviv, marking the official launch of Hongqi Automobile in the Israeli market. At present, FAW’s overseas business has covered more than 50 countries and regions along the "Belt and Road Initiative". It has also set up research and development centers in Munich and other places.

At present, the global automobile industry is accelerating a new round of reform, and the wave of electrification and intelligent transformation is surging. China’s automobile industry is accelerating its approach to the center of the world stage and striving to seize the commanding heights of the new round of global automobile industry development. FAW will make good use of both domestic and international markets and resources, accelerate the expansion of overseas high-end automobile markets, continue to improve the layout of the global automobile industry chain, and strive to polish the Chinese business card of the world automobile stage.