Decision of China Securities Regulatory Commission on Amending the Provisions on the Administration of Stock Rights of Securities Companies

  I Article 5 is amended as: "According to the shareholding ratio and its influence on the operation and management of securities companies, the shareholders of securities companies include the following three categories:

  (1) Controlling shareholder refers to a shareholder who holds more than 50% of the shares of a securities company, or a shareholder whose voting rights are sufficient to have a significant impact on the resolutions of the shareholders’ (general) meeting of a securities company, although the shareholding ratio is less than 50%;

  (2) Major shareholders refer to shareholders who hold more than 5% equity of securities companies;

  (3) Shareholders holding less than 5% of the shares of a securities company. "

  II. Article 6 is amended as: "When a securities company is established, the China Securities Regulatory Commission shall approve its registered capital and shareholding structure in accordance with relevant regulations.

  A securities company that changes its major shareholder or actual controller shall report to the China Securities Regulatory Commission for approval according to law.

  If the controlling shareholder or actual controller of a securities company actually controls the equity ratio of the securities company to 100%, the securities company shall file with the China Securities Regulatory Commission within five working days from the date when the company registration authority handles the change registration (if it is not required to handle the company change registration according to law, from the date when the relevant ownership is registered).

  Where the actual controller of a securities company changes its registered capital, equity or more than 5% equity, which does not involve the circumstances listed in the second and third paragraphs of this article, it shall, within five working days from the date when the company registration authority handles the change registration (if it is not necessary to handle the company change registration according to law, from the date when the company is registered with the relevant authority), file with the agency of the China Securities Regulatory Commission where the company is domiciled. The provisions of this paragraph shall not apply to the public offering of shares by securities companies or the change of shares in stock exchanges and the national share transfer system for small and medium-sized enterprises (hereinafter referred to as the share transfer system). "

  III. Article 7 is amended as: "A shareholder holding less than 5% of the equity of a securities company shall meet the following requirements:

  (1) It and the institutions it controls have a good reputation, and have no record of major violations of laws or regulations or major bad credit records in the last three years; There is no case of being sentenced to punishment for intentional crime, and the execution of punishment has not been completed for more than 3 years; It is not under investigation or in the period of rectification due to suspected major violations of laws and regulations;

  (2) There are no circumstances that affect the performance of shareholders’ rights and obligations, such as long-term failure to actually carry out business, suspension of business, bankruptcy liquidation, lack of governance structure and failure of internal control; There is no guarantee, lawsuit, arbitration or other major matters that may seriously affect the continuing operation;

  (3) There is no situation that the ownership structure is unclear and cannot penetrate to the ultimate rights and interests holders layer by layer; In principle, wealth management products are not allowed in the ownership structure, except those approved by the China Securities Regulatory Commission;

  (4) There is no serious social doubt or serious negative social impact caused by dishonesty or non-compliance on itself and the institutions it controls, and the impact has not been eliminated; There is no major responsibility for the business failure of the invested enterprise and the business failure has not exceeded 3 years;

  (5) Other requirements stipulated by the China Securities Regulatory Commission based on the principle of prudential supervision.

  The provisions of this article shall not apply to shareholders who have acquired less than 5% of the shares of a securities company through trading in a stock exchange or share transfer system or subscribing for the public offering of shares by a securities company. "

  Four, delete eighth.

  V article 9 is renumbered as article 8 and amended as: "a major shareholder of a securities company shall meet the following conditions:

  (a) the requirements stipulated in Article 7 of these Provisions;

  (2) It is in good financial condition, with moderate level of assets, liabilities and leverage, and its net assets are not less than 50 million yuan, and it has the ability of continuous capital replenishment matching the business of the securities company;

  (3) Its corporate governance is standardized, its management ability is up to standard, and its risk control is good;

  (4) There is no situation that the net assets are less than 50% of the paid-in capital, or the contingent liabilities reach 50% of the net assets or the debts due cannot be paid off;

  (5) Being able to provide support for enhancing the comprehensive competitiveness of securities companies. "

  VI. Article 10 is renumbered as Article 9 and amended as: "The largest shareholder and controlling shareholder of a securities company shall meet the following conditions:

  (1) The conditions stipulated in Article 8 of these Provisions;

  (2) The experience in conducting financial-related business matches the business scope of the securities company;

  (3) Holding shares in a securities company is consistent with its long-term strategy, which is conducive to serving the development of its main business;

  (4) It has feasible plans and arrangements for improving the governance structure of securities companies and promoting the long-term development of securities companies;

  (5) Having a clear self-restraint mechanism for maintaining the independence of the operation and management of the securities company and preventing the transmission of risks and improper benefits;

  (6) To formulate a reasonable and effective risk disposal plan for the situation that the securities company can not operate normally due to possible risks. "

  VII. Article 11 is renumbered as Article 10, which is amended as: "If the business of a securities company is obviously leveraged and there are cross risks among multiple businesses, its largest shareholder and controlling shareholder shall also meet the following conditions:

  (a) the last three years of continuous profit, there is no uncompensated loss;

  (2) Long-term credit has remained at a high level in the last three years, and its scale, income, profit, market share and other indicators have been at the forefront of the industry in the last three years.

  The controlling shareholder shall also meet the following conditions:

  (a) total assets of not less than 50 billion yuan, net assets of not less than 20 billion yuan;

  (two) the core business is outstanding, and the main business has been profitable for the last five years.

  The provisions of this article shall not apply to the special circumstances recognized by the China Securities Regulatory Commission, such as the merger of securities companies or the takeover of custody due to major risks. "

  VIII. Article 13 is renumbered as Article 12 and amended as: "The actual controller of a securities company with more than 5% equity shall meet the requirements specified in Article 7 and Item (4) of Article 8 of these Provisions. The actual controller of a securities company and the controlling shareholder and actual controller of the largest shareholder shall also meet the requirements specified in Items (4) to (6) of Article 9 of these Provisions. "

  9. Article 14 is renumbered as Article 13 and amended as: "Where a limited partnership enterprise shares in a securities company, it shall also meet the following requirements:

  (1) A single limited partnership enterprise shall not control 5% of the shares of a securities company, except as approved by the China Securities Regulatory Commission. If the executive partner or the first limited partner of two or more limited partnerships are the same or there are other related relationships or concerted action relationships, the shareholding ratio shall be calculated on a consolidated basis.

  (2) The general partner and the largest limited partner responsible for the affairs of the limited partnership enterprise shall meet the requirements of Article 7 of these Provisions, except that the limited partnership enterprise trades through the stock exchange or share transfer system or subscribes for the public offering of shares by a securities company to become a shareholder in a securities company. "

  10. Article 16 is renumbered as Article 15 and amended as: "Where a non-financial enterprise shares in a securities company, it shall also meet the following requirements:

  (a) in line with the relevant guiding opinions of the state on strengthening the supervision of non-financial enterprises investing in financial institutions;

  (2) In principle, the proportion of a single non-financial enterprise actually controlling the equity of a securities company shall not exceed 50%, except in cases recognized by the China Securities Regulatory Commission, such as dealing with the risks of securities companies. "

  Xi. Article 18 is renumbered as Article 17 and amended as: "When a securities company changes its registered capital or equity, it shall formulate a work plan and criteria for selecting shareholders, etc. The securities company and the equity transferor shall inform the intended participants in advance of the conditions of the securities company’s shareholders and the procedures to be performed, and inform the intended participants who meet the criteria for the selection of shareholders of the securities company’s operating conditions and potential risks.

  The securities company and the equity transferor shall conduct due diligence on the intended participants and agree on the follow-up measures for the unqualified intended participants. If it is found that it does not meet the conditions, it shall not sign an agreement with it. Where relevant matters need to be approved by the China Securities Regulatory Commission, it shall be agreed that the agreement shall not take effect until it is approved. "

  Article 20 is renumbered as Article 19 and amended as: "A securities company shall make arrangements for risk prevention during the period of changing its registered capital or equity to ensure the normal operation of the company and the interests of its customers are not harmed.

  Where approval by the China Securities Regulatory Commission is required according to law, before approval, the shareholders of the securities company shall continue to exercise their voting rights independently according to the proportion of their shares, and the transferor of the equity shall not recommend the relevant personnel of the transferee to be the directors, supervisors and senior managers of the securities company, and shall not transfer the voting rights in any form in disguised form. "

  XIII. Article 21 is renumbered as Article 20 and amended as: "Shareholders of a securities company shall fully understand the conditions, rights and obligations of shareholders of the securities company, fully know the information about the operation and management status and potential risks of the securities company, have reasonable investment expectations and true willingness to contribute, and perform necessary internal decision-making procedures.

  It is not allowed to sign an agreement or form relevant arrangements with the nature of "gambling" when a securities company fails to meet specific conditions in the future, and the securities company or other designated entities will redeem or transfer shares from specific shareholders. "

  XIV. Change Article 22 into Article 21 and amend it to read: "Shareholders of securities companies shall perform their capital contribution obligations in strict accordance with laws and regulations and the provisions of the China Securities Regulatory Commission.

  Shareholders of securities companies shall use their own funds to buy shares in securities companies, and the sources of funds are legal. They shall not use non-own funds such as entrusted funds to buy shares, except in cases recognized by laws and regulations and the China Securities Regulatory Commission. "

  15. Article 25 is changed to Article 24 and amended as: "A securities company shall maintain a stable shareholding structure. The holding period of the shareholders of a securities company shall comply with the laws, administrative regulations and the relevant provisions of the China Securities Regulatory Commission. If the shareholders of a securities company acquire the equity of other securities companies through stock exchange, the holding period can be continuously calculated.

  Where the main assets of a shareholder of a securities company are the equity of the securities company, the controlling shareholder and actual controller of the shareholder shall abide by the same lock-up period as that of the shareholders of the securities company, except in cases recognized by the China Securities Regulatory Commission according to law. "

  Sixteen, Article 26 is changed into Article 25, which is amended as: "The shareholders of a securities company shall not pledge the equity of the securities company they hold during the equity lock-up period. After the expiration of the equity lock-up, the proportion of the equity held by the shareholders of a securities company shall not exceed 50% of the equity held by the securities company.

  Where a shareholder pledges the equity of a securities company, it shall not harm the interests of other shareholders and the securities company, shall not stipulate that the pledgee or other third party shall exercise shareholder rights such as voting rights, and shall not transfer the control right of the equity of the securities company in disguise.

  The provisions of the first paragraph of this article shall not apply to shareholders of listed securities companies and securities companies listed in the share transfer system who hold less than 5% of the shares. "

  XVII. Article 27 is renumbered as Article 26 and amended as: "A securities company shall strengthen the examination of the qualifications of shareholders, verify the information of shareholders, their controlling shareholders, actual controllers, related parties, people acting in concert, and ultimate rights holders, and master their changes, judge the influence of shareholders on the operation and management of securities companies, report or disclose relevant information in a timely, accurate and complete manner according to law, and perform approval or filing procedures when necessary."

  18. Article 28 is renumbered as Article 27 and amended as: "A securities company shall write the regulatory requirements on equity management, such as the rights and obligations of shareholders, the lock-up period of equity, the person in charge of equity management affairs, etc., into its articles of association, and specify the following contents in the articles of association:

  (1) The major shareholders and controlling shareholders shall replenish capital to the securities company when necessary;

  (2) Shareholders who should have been approved by the regulatory authorities or have not filed with the regulatory authorities, or shareholders who have not completed the rectification, shall not exercise the rights such as the right to request, vote, nominate, propose and dispose of the shareholders’ (general) meeting;

  (3) Shareholders who make false statements, abuse shareholders’ rights or engage in other behaviors that harm the interests of securities companies shall not exercise the rights of shareholders (general meeting) such as the right to request, vote, nominate, propose and dispose;

  (4) Measures to deal with shareholders, securities companies, persons in charge of equity management affairs and relevant personnel in case of illegal or improper behaviors related to equity management affairs that violate laws, administrative regulations and regulatory requirements. "

  XIX. Article 29 is renumbered as Article 28 and amended as: "Securities companies shall strengthen the management of related party transactions, accurately identify related parties, strictly implement the related party transaction examination and approval system and information disclosure system, so as to avoid damaging the legitimate rights and interests of securities companies and their clients, and report related party transactions to the China Securities Regulatory Commission and its dispatched offices in a timely manner.

  A securities company shall manage its shareholders and their controlling shareholders, actual controllers, related parties, concerted parties and ultimate rights holders as its own related parties in accordance with the penetrating principle.

  The shareholders mentioned in the second paragraph of this article do not include shareholders of listed securities companies and securities companies listed in the share transfer system who hold less than 5% of the shares. "

  Twentieth, thirtieth to twenty-ninth, amended as: "shareholders of securities companies and their controlling shareholders, actual controllers shall not have the following acts:

  (1) making false capital contributions to securities companies, making false capital contributions, withdrawing capital contributions or withdrawing capital contributions in disguised form;

  (two) in violation of laws, administrative regulations and the provisions of the company’s articles of association, interfere with the operation and management activities of securities companies;

  (3) abusing rights or influence, occupying the assets of securities companies or clients, transferring benefits, and harming the legitimate rights and interests of securities companies, other shareholders or clients;

  (4) Requiring a securities company to provide financing or guarantee for itself or its related parties in violation of regulations, or forcing, instructing, assisting or accepting a securities company to provide financing or guarantee with the assets of its securities brokerage clients or securities asset management clients;

  (five) improper related transactions with securities companies, using the influence on the operation and management of securities companies to obtain illegitimate interests;

  (six) without approval, entrust others or accept others to hold or manage the equity of a securities company, and accept or transfer the control right of the equity of a securities company in disguise;

  (seven) other acts prohibited by the China Securities Regulatory Commission.

  A securities company, its directors, supervisors, senior managers and other relevant entities shall not cooperate with the shareholders of the securities company, its controlling shareholders and actual controllers in the above situations.

  When a securities company finds that the shareholders, their controlling shareholders and actual controllers have the above-mentioned situations, it shall take timely measures to prevent the violations from aggravating, and report to the dispatched office of the China Securities Regulatory Commission at its domicile within 2 working days. "

  XXI. Article 31 is renumbered as Article 30 and amended as: "If a securities company changes its equity-related matters without performing the statutory approval procedures, the China Securities Regulatory Commission or its dispatched office shall handle it in accordance with the provisions of Article 204 of the Securities Law."

  22. Article 32 is renumbered as Article 31 and amended as: "If any unit or individual holds or actually controls the relevant equity of a securities company that does not conform to these Provisions, the China Securities Regulatory Commission or its dispatched office shall handle it in accordance with the provisions of Article 71 of the Regulations on the Supervision and Administration of Securities Companies.

  If any unit or individual entrusts others or accepts others’ entrustment to hold or manage the equity of a securities company without approval, or subscribes, accepts or actually controls the equity of a securities company, the China Securities Regulatory Commission or its dispatched office shall handle it in accordance with the provisions of Article 86 of the Regulations on the Supervision and Administration of Securities Companies. "

  23. Article 33 is renumbered as Article 32 and amended as: "If the shareholders of a securities company make false capital contributions, make false capital contributions, withdraw their capital contributions or withdraw their capital contributions in disguised form, the China Securities Regulatory Commission or its dispatched office shall handle the matter in accordance with the provisions of Article 141 of the Securities Law."

  XXIV. Article 35 is renumbered as Article 34 and amended as: "If a securities company or its major shareholder or actual controller violates regulations, fails to report relevant matters as required, or the information submitted contains false records, misleading statements or major omissions, the China Securities Regulatory Commission or its dispatched office shall handle it in accordance with the provisions of Article 211 of the Securities Law."

  25. Article 36 is renumbered as Article 35 and amended as: "If a securities company provides financing or guarantee for its shareholders or their associates in violation of regulations, the China Securities Regulatory Commission or its dispatched office shall handle it in accordance with the provisions of Article 205 of the Securities Law.

  Where the shareholders or actual controllers of a securities company force, instruct, assist or accept the securities company to provide financing or guarantee with the assets of securities brokerage clients or securities asset management clients, the China Securities Regulatory Commission or its dispatched offices shall handle it in accordance with the provisions of Article 86 of the Regulations on the Supervision and Administration of Securities Companies. "

  26. Article 37 is renumbered as Article 36 and amended as: "If a securities company and its shareholders, actual controllers of shareholders or other relevant subjects violate these Provisions, resulting in imperfect governance structure, imperfect internal control, chaotic operation and management, and violation of laws and regulations, the China Securities Regulatory Commission or its dispatched offices shall handle it in accordance with the provisions of Article 70 of the Regulations on the Supervision and Administration of Securities Companies; As a result, the governance structure, compliance management and risk control indicators of a securities company do not meet the requirements, which seriously endangers the stable operation of the securities company and damages the legitimate rights and interests of customers, and shall be handled in accordance with the provisions of Article 140 of the Securities Law; Those that cause securities companies to operate illegally or have serious risks, which seriously endanger the order of the securities market and harm the interests of investors, shall be dealt with in accordance with the provisions of Article 143 of the Securities Law.

  Where the directors, supervisors and senior managers of a securities company violate these provisions, resulting in major violations of laws and regulations or major risks of the securities company, the China Securities Regulatory Commission or its dispatched offices shall handle them in accordance with the provisions of Article 142 of the Securities Law. "

  27. Article 38 is renumbered as Article 37 and amended as: "If a securities company and its shareholders, the actual controllers of shareholders or other relevant subjects violate these Provisions, and the Securities Law, the Regulations on the Supervision and Administration of Securities Companies and other laws and administrative regulations do not provide corresponding measures or penalties, the China Securities Regulatory Commission or its dispatched offices may take regulatory measures such as ordering corrections, supervising talks, issuing warning letters, ordering public explanations, and ordering regular reports; For the directors, supervisors, senior managers and other responsible personnel who are directly responsible, regulatory measures can be taken, such as ordering corrections, supervising conversations, issuing warning letters, and identifying them as inappropriate candidates; And depending on the circumstances, the relevant subject may be given a warning and a fine of not more than 30 thousand yuan; Those suspected of committing a crime shall be transferred to judicial organs according to law. "

  Article 39 is renumbered as Article 38 and amended as: "China Securities Regulatory Commission and its dispatched offices shall record the dishonesty of securities companies and their directors, supervisors, senior managers, shareholders and their controlling shareholders, actual controllers, relevant intermediaries and other relevant institutions and personnel in the capital market integrity file database in accordance with the relevant provisions of China Securities Regulatory Commission on integrity supervision and management, and share information with other government agencies through the national credit information sharing platform."

  Twenty-nine, Article 42 is changed into Article 41, which is amended as: "The change of major shareholders of a securities company refers to the addition of major shareholders of a securities company, or the change of the largest shareholder and controlling shareholder of a securities company.

  The change of the actual controller of a securities company with more than 5% equity refers to the new actual controller of a securities company with more than 5% equity, or the change of the actual controller of a securities company. "

  30. One article is added as Article 42: "The largest shareholder of a securities company mentioned in these Provisions refers to the largest shareholder holding more than 5% of the equity of a securities company."

  Thirty-one, Article 44 is amended as: "If an investor purchases shares of a securities company through a stock exchange so that its accumulated shares of the securities company reach 5%, it shall put up a placard according to law and report it to the China Securities Regulatory Commission for approval. Before obtaining approval, investors may not continue to increase their holdings of the company’s shares. If the China Securities Regulatory Commission does not approve it, the investor shall make corrections within 50 trading days from the date of disapproval (excluding the suspension time, if the shareholding is less than 6 months, it shall be corrected according to law after the shareholding is over 6 months).

  Where an investor purchases shares of a securities company through the share transfer system, so that its accumulated shares of the securities company reach more than 5%, the provisions of the first paragraph shall apply mutatis mutandis.

  Where an investor subscribes for the publicly issued shares of a securities company or transfers the shares of a securities company through a stock exchange or a share transfer system, and the subscription or equity change involved does not need to be approved or filed, the requirements specified in Articles 17 and 18 of these Provisions shall be exempted. "

  This decision shall come into force as of April 18, 2021.

  The Provisions on the Administration of Stock Rights of Securities Companies shall be revised accordingly according to this decision, and the order of the provisions shall be adjusted accordingly and re-promulgated.

Can the bank’s online bank transfer limit be adjusted?

In today’s digital financial era, online banking has become one of the important channels for people to manage and trade funds. As for whether the bank’s online bank transfer limit can be adjusted, the answer is yes.

Different banks may have different ways to set and adjust the online bank transfer limit. Generally speaking, banks set the transfer limit mainly for the sake of ensuring the safety of customers’ funds and preventing financial risks.

Some large state-owned banks, such as Industrial and Commercial Bank of China and Agricultural Bank of China, usually provide various channels and ways to adjust the online bank transfer limit. Customers can go through the bank’s official website, mobile banking application or go to the counter to handle related business. Take ICBC’s online banking transfer limit adjustment as an example. After logging in to online banking, customers can find options for adjusting the transfer limit in the related menus such as "Security Center" or "Transfer and Remittance". According to the system prompt, after completing the authentication and other operations, the transfer limit can be modified.

Some joint-stock banks, such as China Merchants Bank and Shanghai Pudong Development Bank, have similar operating procedures. Customers can adjust the transfer limit according to the guidelines in the "Settings" or "Security and Limit" modules of mobile banking.

The following is a comparison table of online banking transfer limit adjustment methods of some banks:

Bank name Adjust channels Required information Industrial and Commercial Bank of China (ICBC) Online banking, mobile banking, counters ID card, bank card, mobile phone verification code, etc. agricultural bank Online banking, mobile banking, counters Id card, bank card, K treasure or K order, etc. China Merchants Bank Mobile banking, counters ID card, bank card, mobile phone verification code, etc. Shanghai Pudong Development Bank Mobile banking, counters ID card, bank card, dynamic password, etc.

It should be noted that when adjusting the online bank transfer limit, the bank may make a comprehensive evaluation based on the customer’s risk rating, account usage and other factors. If there are abnormal transactions or high risks in the customer’s account, the bank may restrict the adjustment of the transfer limit or require the customer to provide more supporting materials.

In addition, after adjusting the transfer limit, customers should plan the use of funds reasonably to ensure the safety of funds. At the same time, we should pay attention to protecting personal bank account information and passwords to avoid risks such as online fraud.

In short, the bank’s online bank transfer limit can be adjusted, but the specific adjustment methods and restrictions vary from bank to bank. Before making adjustment, customers are advised to know the relevant regulations and procedures of their bank in detail.

(Editor in charge: difference extension)

[Disclaimer] This article only represents the author’s own views and has nothing to do with Hexun. Hexun.com is neutral about the statements and opinions in this article, and does not provide any express or implied guarantee for the accuracy, reliability or completeness of the contents. Readers are requested for reference only, and please take full responsibility. Email: news_center@staff.hexun.com.

Strategic Orientation of Beijing: Stripping off "Cabbage Gang" and Developing "Cabbage Heart"

  [Capital Watch] Beijing, how to read the "True Classics"

  Beijing, a historical and cultural city with a history of more than 3,000 years and a history of more than 860 years, was re-established as the national capital more than 60 years ago. After several attempts to locate itself, it finally clarified the strategic positioning of the city in the past five years.

  More than three years ago, when General Secretary of the Supreme Leader, who was born and raised here, visited Beijing, he made a final decision: adhere to and strengthen the core functions of the national political center, cultural center, international exchange center and scientific and technological innovation center of the capital, thoroughly implement the strategy of humanistic Beijing, scientific and technological Beijing and green Beijing, and strive to build Beijing into a world-class harmonious and livable capital.

  Continue to exert strength on the word "sparse", maintain a certain strength on the word "shed" and concentrate on the word "excellent".

  From actively implementing the coordinated development strategy of Beijing-Tianjin-Hebei, to "embroidering" the old city, from formulating the new master plan of the capital to speeding up the construction of the sub-center of the city, in the past five years, Beijing, the capital that has further defined the strategic positioning of the city, has a blueprint drawn to the end: actively promoting the reorganization of urban functions, creating a brand-new urban spatial structure, promoting upgrading through relief and rectification, and vigorously promoting transformation, innovation and green development. The land of 16,000 square kilometers glows with a brand-new atmosphere: the land is greener, the traffic is more developed, the level of industrial structure is higher, and the people have a better sense of acquisition …

  Stripping off "cabbage gang" and developing "cabbage heart";

  Reducing development helps the Millennium ancient capital "take off lightly"

  In Chaoyang District, Beijing, with the improvement of water bodies and the retreat of 1.45 million square meters of low-end industries along the coast, 710,000 square meters of majiawan Wetland Park has been built along the once black and smelly Xiao Taihou River. The park has become a good place for nearby residents to have fun.

  "I’m really worth buying a house here!" Lao Zhang bought a house by the river 10 years ago, and now he plays in the wetland park with his grandson every day, smiling from ear to ear at the changes in the environment.

  The changes of the Xiao Taihou River, like a mirror, reflect the great changes in Beijing in the past few years: Beijing, the capital, has solved many problems that it has long wanted to solve but failed to do, and has accomplished many major events that it wanted to do in the past.

  Renovating the wall and digging holes, transforming the urban-rural junction, and dismantling the general manufacturing industry … Since 2017, Beijing has further grasped the "bull nose" of dismantling non-capital functions and vigorously carried out the special action of "dismantling rectification and promoting upgrading". Beijing, a thousand-year-old ancient capital, is undergoing a "reborn" change.

  From January to August this year, Beijing demolished 38.34 million square meters of illegal construction, 2.9 times that of last year; Renovation of more than 25,000 "opening walls and drilling holes", completing 155.7% of the annual plan; Relieve 599 general manufacturing enterprises and complete 119.8% of the annual plan; 4,858 "scattered pollution" enterprises were rectified, and 83.3% of the annual plan was completed …

  On December 1, 2016, workers demolished the illegal construction of a single-family courtyard in Wang Hongbin Street. Xinhua News Agency reporter Luo Xiaoguang photo

  Behind a series of figures is the change of development thinking-"reducing development", which has entered the vision of the capital governor.

  "Building a world-class harmonious and livable capital is a new historical mission of Beijing, a great city, for the CPC Central Committee with the supreme leader as the core has taken overall development, grasped the trend of the times, put forward new requirements and placed new expectations on the development of the capital." Cai Qi, secretary of the Beijing Municipal Party Committee, said that Beijing should pay more attention to reduction and intensification, strictly control the size of the city, "slim down and keep fit" and effectively solve the "big city disease".

  "Beijing will strictly control the total scale of urban and rural construction land, and implement the increase and decrease linkage and decrease development." A distinctive feature of the Beijing Urban Master Plan (2016 -2030) (Draft for Review), which was studied and discussed at the 14th Plenary Session of the 11th Beijing Municipal Committee of the Communist Party of China, is that it highlights the development of reduction and determines the upper limit of the total population, the ecological control line and the urban development boundary.

  Faced with the problems of overpopulation, traffic congestion, air pollution and other "big city diseases", Beijing has determined that the permanent population should be controlled within 23 million in 2020 in accordance with the requirements of setting the city by water and setting people by water. The scale of urban and rural construction land will be reduced to about 2,860 square kilometers in 2020 and 2,760 square kilometers in 2030 on the basis of the current 2,921 square kilometers.

  Construction land, not increasing but decreasing! Li Sufang, deputy director of the Beijing Municipal Development and Reform Commission, said that this marks a new stage in the development of the capital.

  Since 2015, Beijing has set out to formulate the first list of new industrial prohibitions and restrictions aimed at controlling "big city diseases". According to the catalogue, the proportion of forbidden industries in the city’s national economic industry classification reached 55%, and the six districts of the city reached 79%. Since the implementation of the catalogue, Beijing has refused to handle a total of 17,000 industrial and commercial registration businesses.

  From "gathering resources for growth" to "relaxing functions for development", Beijing is realizing an unprecedented transformation. The coordinated development of Beijing, Tianjin and Hebei has become a national strategy for more than three years. Many fields in Beijing have undergone profound changes: more than 370 wholesale markets and logistics bases such as "moving approval", Dahongmen and Tianyi have been adjusted and eliminated, and more than 1,300 general manufacturing enterprises have been eliminated; Beijing city university, Beijing University of Civil Engineering and Architecture and other universities have sent 16,000 students to the new campus outside the Fifth Ring Road …

  "The reduction of development is actually for better development." Wang Kai, vice president of China Urban Planning and Design Institute, said that the reduction of the capital has released a new signal of China’s urban development: paying more attention to quality, being more livable and making people’s lives better.

  On September 16th, Tianyi Market, the largest wholesale and retail market of small commodities in Beijing, closed its business (photo by Xinhua News Agency reporter Zhang Chenlin).

  The change of industrial structure is the most convincing.

  The data shows that in Beijing, the number of newly established market entities in the strictly regulated manufacturing, agriculture, forestry, animal husbandry and fishery, wholesale and retail industries decreased by 72.75%, 26.42% and 18.36% respectively in 2016, while the financial industry, culture, sports, entertainment and science and technology services that were not included in the ban increased by 12.77%, 26.76% and 22.53% respectively.

  "This" three rises and three falls "shows that by doing subtraction, Beijing is stripping off the" cabbage gang ",focusing on the development of" cabbage heart ",speeding up the construction of a" sophisticated "economic structure, and exploring a new way of reducing development, slimming and strengthening the body, improving quality and increasing efficiency." Liu Bozheng, deputy director of the Beijing Leading Group Office for Promoting the Coordinated Development of Beijing-Tianjin-Hebei, said.

  From "unicorns" to "sophisticated"

  Economic structure: the image of "the capital of innovation and entrepreneurship" stands out.

  South of the East Gate of Tsinghua University, a street only 380 meters long is becoming a new bright spot in China’s intelligent manufacturing industry-this is Zhongguancun Zhizao Street.

  Only over a year after the opening of the street, 88 enterprises have gathered around the key links of the intelligent manufacturing industry chain on the land of 32,000 square meters, with an occupancy rate of over 95%. There are 368 enterprises and projects in total, and the average income per meter of the street is 260 million yuan. An intelligent manufacturing industry highland with international innovation has gradually taken shape.

  "Intellectual creation" is the commanding height of future manufacturing competition.

  Beijing, which further defines the strategic positioning of the city, is accelerating the transformation from "Made in Beijing" to "Created in Beijing", and the industrial structure is accelerating towards "sophisticated".

  Smart logistics represented by distribution robots, the world’s largest recombinant protein bank, and the world’s first deafness gene detection chip for clinical diagnosis … On September 16th, the "National Mass Entrepreneurship and Innovation Week" was opened, and 106 enterprises from 20 technological innovation centers in Beijing Economic and Technological Development Zone made wonderful appearances at the Yizhuang venue in Beijing, with a concentrated display of more than 260 key technologies and innovative products, which was dazzling and dazzling.

  In the past five years, Beijing has thoroughly implemented the innovation-driven development strategy, accelerated the formation of competitive advantages and growth momentum with international influence, and further played the role of demonstration and radiation. Zhongguancun Science City, Huairou Science City, Future Science City and Beijing Economic and Technological Development Zone "three cities and one district" have become the main focus of innovation and development in the capital Beijing.

  As the first of the "three cities", Zhongguancun Science City, whose scope has now been expanded to the whole area of Haidian, has been at the forefront of scientific and technological innovation in China, gathering a large number of innovative elements, forming the most complete and complete strategic emerging industrial cluster in China, and has a forward-looking layout in cutting-edge technical fields such as industrial control, artificial intelligence and big data, next-generation Internet and integrated circuits.

  On September 15th, the theme exhibition of Beijing venue of 2017 National Mass Entrepreneurship and Innovation Week kicked off in Zhongguancun National Independent Innovation Demonstration Zone Exhibition Center.

  In order to build a "sophisticated" economic structure, Beijing formulated and issued the "Made in China 2025" Beijing Action Plan in 2015, proposing to fully implement the "3458" action plan in the next five to ten years, focusing on cultivating new industrial ecology and implementing eight major industrial projects, including integrated circuits, intelligent manufacturing systems and services, new generation health diagnosis and treatment services, cloud computing and big data.

  Here, a series of "Beijing creations" were born-

  Developed China’s first embedded neural network processor "Starlight Intelligent No.1" and realized mass production; Realize the computational modeling and simulation of tens of millions of neural networks; Beidou navigation technology level leads the country; BOE released the world’s thinnest 64-inch 8K ultra HD display and 82-inch 10K curved display products …

  In the first half of 2017, the added value of high-tech manufacturing and strategic emerging industries in Beijing increased by 18.2% and 12.7% respectively. Since the second half of last year, Beijing has established five national and municipal industrial innovation centers. It has become a reality in Beijing that high-end industries lead growth.

  This is an "innovative Beijing" that can embrace the future-

  Cloud computing and big data industry represent the development trend of high-tech industry. Beijing has adopted the "fund+base" model, and successively laid out China Cloud Industrial Park, Zhongguancun Cloud Computing Industrial Base and other professional parks, bringing together nearly 100 cloud-related enterprises represented by well-known enterprises such as Baidu, Jinshan and JD.COM, and Zhongguancun has also brought together about 60% of big data enterprises.

  The third tide of artificial intelligence is now sweeping the world. By the end of 2016, there were more than 240 artificial intelligence enterprises in Beijing, with a total of 7,841 patent applications. According to incomplete statistics, Zhongguancun artificial intelligence enterprises realized a total income of 412.25 billion yuan.

  This is a vibrant capital of innovation and entrepreneurship-

  On September 15th, the theme exhibition of Beijing venue of 2017 National Mass Entrepreneurship Innovation Week kicked off in Zhongguancun National Independent Innovation Demonstration Zone Exhibition Center (photo by Zhang Chenlin).

  Since the opening of the street in June 2014, Zhongguancun Venture Street and its resident institutions have accumulated 1,900 incubation teams, including 222 returnees and foreign teams; 743 loans were obtained, with a financing success rate of 39%, with a total financing amount of 9.104 billion yuan and an average financing amount of 12.25 million yuan. Among them, there are more than 40 enterprises with financing exceeding 100 million yuan and 2 unicorn enterprises.

  Beijing has a good ecological environment for innovation and entrepreneurship. According to the 2016 China Unicorn Enterprise Development Report, there are 131 unicorn enterprises in China, including 65 in Beijing, accounting for half of the national total.

  Xiaomi, Didi Chuxing, and contempt for science and technology … Zhongguancun has become a breeding ground for original industries second only to Silicon Valley. The field of entrepreneurial innovation has gradually expanded from the past Internet and creative design to professional frontiers such as artificial intelligence and subversive new materials, and the hard power of science and technology has been significantly enhanced.

  This is a magnet-like place-

  Intel, Microsoft, Apple … More and more overseas technology giants set up R&D institutions or laboratories in Beijing, which has become a new phenomenon in the innovation and entrepreneurship ecology of Zhongguancun, Beijing.

  Wang Delu, director of Beijing Great Wall Enterprise Strategy Research Institute, believes that the greatest value of Zhongguancun lies in its creativity, breaking through the "from 0 to 1" innovation, incubating and extending, and gradually radiating to the whole country.

  From "Old City" to "Old City": Polishing "Gold Business Card",

  Beijing is marching towards a world famous cultural city.

  Beijing is the city with the most cultural heritage in the world.

  "History and culture are the soul of the city. We should protect the historical and cultural heritage of the city as we cherish our own life. Beijing is a world-famous ancient capital, and its rich historical and cultural heritage is a golden business card. It is the responsibility of the capital to inherit and protect this precious historical and cultural heritage. " In February, 2014, General Secretary of the Supreme Leader made a speech to hit the floor when he visited Beijing.

  Beijing, which further defines the strategic positioning of the city, carefully re-examines its history and culture.

  In June 2016, Beijing issued the opinion of comprehensively deepening reform and improving the management level of urban planning and construction, and put forward the concept of "comprehensive protection": building a comprehensive protection pattern and improving the comprehensive protection mechanism.

  "Comprehensive protection is to protect all the historical and cultural elements of Beijing’s ancient capital in different levels, types, times and regions, and to create a great capital with a sense of history and modernity." Wang Fei, deputy director of Beijing Municipal Planning and Land Commission, said.

  From protecting the central axis of Beijing in Ming and Qing Dynasties, to highlighting the unique urban pattern composed of four battlements: Miyagi, Imperial City, Inner City and Outer City, and then to restoring the unique traditional architectural form of "Hutong-Siheyuan" in Beijing, Beijing plans to strengthen the overall protection of the old city from 10 aspects.

  Cultural relics such as the Great Hall of the Xuanzang and the Shouhuang Temple in Jingshan have been repaired, and national key cultural relics protection units such as the Imperial Temple and the Confucius Temple have been opened to the public. Sites such as the South Central Axis Road and the Ming City Wall have basically recovered their historical features and built heritage parks … In recent years, Beijing has actively explored ways to protect and upgrade the core areas that can be popularized and replicated.

  "More points and one city, reorganization of the old city" and "Promoting the implementation of the old city reorganization" … From the Beijing-Tianjin-Hebei coordinated development planning outline deliberated and studied at the 9th meeting of the Central Financial and Economic Leading Group two years ago to the 13th Five-Year Plan for National Economic and Social Development of Beijing and the Plan for Strengthening the Construction of the National Cultural Center in the 13th Five-Year Plan of Beijing in 2016, the concept of "old city" has gradually entered the vision of the central and capital policy makers.

  "Literally,’ old’ is more historical than’ old’. Saying’ old city’ is a respect for the historical accumulation of the city and a recognition and embodiment of value. " Wang Kai said.

  The old city, can’t tear down!

  Once upon a time, with the development of the city and the population gathering, the hutongs and former residences in the old city of Beijing decreased little by little with the rumble of bulldozers.

  Feng Wenkui, 56, moved back to No.15 Peizhi Hutong, Dashilan Street, Beijing from the building in Shijingshan District a few years ago to take care of her old mother who is over 80 years old (photo taken on December 25, 2016).

  "At the beginning of this century, we heard that this piece was going to be demolished." Fan Liandi, 71, of No.8 Courtyard of Dazhiqiao Hutong in Xicheng District, Beijing, feels that this hutong outside Xuanwu Gate has been listed as a historical protection area in the northwest of Xuanxuan. Not only will it not be demolished, but it will also be upgraded and restored through the renovation of back streets and alleys.

  In the Hutong Lane of Dazhiqiao, the No.12 Courtyard not far from No.8 Courtyard is the Yangjiao Mountain Temple, the famous place where "writing on the bus" took place in modern history.

  "There used to be more than 100 households here, and only 16 households did not vacate. It is planned to vacate all this year." Huang Kongyan, director of the Propaganda Department of the Party Committee of Guang ‘anmen Neijie Street, said, "There were many clubs and former residences in the south of the city. In the next few years, the historical features will be gradually restored here. "

  The change of Dazhiqiao Hutong is just a microcosm.

  —— In order to realize the revival of historical and cultural blocks, in 2015, Beijing started the renovation of four hutongs in Nanluoguxiang, namely, Fuxiang, Suoyi, Yuer and Maoer, and implemented a voluntary application system for residents to vacate.

  -Dashilan’s "Beijing Square" building cluster completed at the beginning of this year is particularly eye-catching. One main street, three squares and many hutongs … integrating the protection of cultural relics and the development of new formats, "Beijing Square" has become a "Chinese-style life experience area" centered on eight cluster buildings along the street, including Centennial Quanyechang, Qianxiangyi and the former site of Bank of Communications.

  In April, the capital issued an action plan, and put forward a three-year governance plan of "creating nothing in ten" for 2,435 back streets and alleys in the east and west cities of the core area, such as selfless construction, no opening walls and holes, no overhead lines, and the creation of civilized blocks.

  With the rapid progress of governance, streets and hutongs have changed their appearance: at Qianmen, after the reconstruction of Sanlihe River, which originated in the Ming Dynasty, the water surrounds the courtyard, which is better than Jiangnan; In Guijie, the streets with numerous potential safety hazards and dirty sanitation have been comprehensively rectified …

  Not long ago, the underground reconstruction project of power overhead lines in Beijing’s core area started. By the end of this year, there will be more than 800 back streets and alleys in the core area of the capital to bid farewell to the "spider web" in the air.

  "The sky we look up to will no longer be broken." Sun Xinjun, director of the Beijing Urban Management Committee, said, "The future of Beijing will fully reflect the style of the capital, the charm of the ancient capital and the style of the times."

  In addition to the old city, Beijing has also put forward the work goal of building three cultural belts: the Great Wall, the Western Hills and the Grand Canal during the 13th Five-Year Plan period. Shu Xiaofeng, director of the Beijing Municipal Bureau of Cultural Relics, said that the planning of the three cultural belts is in full swing. After implementation, it will help to open up the historical context of the ancient capital Beijing and lay the foundation for building a basic pattern of comprehensive protection of the ancient capital of Beijing.

  Aiming at being a world famous cultural city and a symbol of the world context, Beijing not only has the "golden business card" of history and culture, but also the cultural and creative industries are becoming the new bright color of the ancient capital Beijing.

  From design services to digital content, from network audio-visual to special effects production … In the first half of 2017, the corporate income of cultural and creative industries above designated size in Beijing reached 690.27 billion yuan, a year-on-year increase of 36.42%, and the role of cultural and creative industries in promoting the economic growth of the capital was continuously strengthened.

  "Looking back on the work in the past five years, we deeply feel that encouraging and profound changes have taken place in Beijing. The quality of development has improved, the ecological environment has improved, the urban and rural areas have become brighter, the service guarantee has been enriched, the people’s sense of gain has increased, and the leading role of party building has been strengthened, and the road ahead has become wider and wider." On June 19th, Cai Qi concluded at the 12th Party Congress in Beijing.

  "Great progress has been made in building a world-class harmonious and livable capital, taking the lead in building a well-off society in an all-round way, successfully hosting a wonderful, extraordinary and outstanding Olympic Games, initially forming a new situation of coordinated development and mutual benefit between Beijing, Tianjin and Hebei, and further improving the quality of urban development, living environment, people’s quality of life and urban competitiveness." At this meeting, the blueprint of the capital for the next five years has been drawn.

  Five years of gathering, a new chapter in the ancient capital spectrum. Beijing, the avenue is in sight and the light is ahead. (Half-monthly talk with reporter Li Bin, Kong Xiangxin Yang Na)

Knowledge short video science popularization is more heart-warming.

  "Teacher Lu playing with bones" Lu Jing put the bones of fish head, braised chicken and Beijing roast duck together into a whole skeleton, creating a kind of "visual sense of paleontology museum".


  Dai Jianye, a professor of "Debris Flow", told the story of Li Bai, Du Fu and Gao Shi joining hands to visit famous mountains, visit immortals and refine the elixir, which reappeared the prosperous time of the Tang Dynasty.


  Gong Gongjun, who only made a noise but didn’t show up, took everyone to visit every corner of the Forbidden City and quoted the classics to tell the cold knowledge and little interesting things of the Forbidden City.


  With the development of short video platform, more and more content creators have emerged to share and spread knowledge. They are popular science experts who have knowledge, love sharing and are familiar with skills. These high-quality content supplies meet and create a huge demand for knowledge.


  Professor Hu Baijing, Executive Dean of School of Journalism, Renmin University of China, believes that the rise of short video platform has promoted the expansion of knowledge production from elite to the public, making knowledge more personalized and scene-oriented, and at the same time making it possible for knowledge to be universal, knowledge to be promoted, and knowledge to be shared and co-created.


  


  Small but refined, making universal knowledge close to reality.


  "Tang Xuanzong released Li Bai from the court, that is, he was given a sum of money to get rid of him: you are not cut out to be a prime minister. Li Bai went to Luoyang from Chang ‘an, and Du Fu was a fan of Li Bai. Li Bai was kind enough to let him meet him. After meeting him, he admired Li Bai to death. I don’t know whether Li Bai plays cowhide well or is charming. Anyway, Du Fu listened to his words and started from Luoyang, Henan Province to Hebei and Shandong with his eldest brother. What for? Looking for immortals, picking fairy grass and refining elixir, I met Gao Shi halfway … "This is the story that happened in 744 AD and was called the meeting of the sun and the moon in China literary world by Wen Yiduo. Only Confucius can match it when he saw Lao Zi.


  Although it doesn’t sound formal, this remark is by no means a fabrication by Dai Jianye, a professor at the College of Literature of Central China Normal University. The experiences of Li, Du and Gao in seeking immortality and monasticism are reflected in several poems of Du Fu. Dai Jianye lamented that it was a generation of romantic people.


  When this lecture video was put on Tik Tok, Dai Jianye didn’t know what the latter was. More than a year later, he became Professor online celebrity known as the Debris Flow. The Tik Tok has nearly 4 million fans and tens of millions of likes.


  The "big family" living in Hefei is a lawyer with nearly 10 years of financial work experience. In her spare time, she uses short videos to give netizens common knowledge of popular science and economics.


  The "treasure family" found that the public is very curious about knowledge, but many people have no chance to receive economic education, lack basic knowledge of wealth, and have no concept of risks and benefits. If the public can learn more about economics, they may be able to avoid some losses. Some netizens left a message under the short video she posted: "Fortunately, I saw that you were not fooled by the Ponzi scheme, and my friends around me pressed hundreds of thousands of yuan on a financial platform."


  In the era of short video, knowledge levels are diversified and symbiotic, including authoritative scientific theories, life tips and workplace office skills to meet the different knowledge needs of different audiences. The sharers of knowledge are not necessarily high-ranking experts and scholars, but also life experts who are familiar with their own fields.


  Compared with the traditional graphic form, short video communication knowledge has four characteristics: immediacy of knowledge dissemination, personalization of knowledge presentation, manifestation of invisible knowledge and popularization of complex knowledge.


  Zhao Yan, President and Editor-in-Chief of China Science Newspaper, said that a short video of 15 seconds to 1 minute condensed the serious knowledge on weekdays and passed it on to the audience in a more visual form, which changed the boring appearance of knowledge and narrowed the distance between the public and cultural knowledge. Knowledge sharing and linking with short videos not only broadens the boundaries of knowledge, but also brings knowledge inclusiveness close to reality.


  Promote the value shift of Internet content industry. 


  In the eyes of knowledge creators, short videos have become the primary tool for them to spread and exchange knowledge.


  Xiang Bo, who works as a chemistry teacher at Guangyuan Middle School in Sichuan Province, said that his own class could only affect 40 or 50 students in the classroom. "But now I am a teacher shared by more than 6 million fans. Making good use of communication tools can eliminate the time and space barriers of knowledge dissemination and light up more people’s enthusiasm for chemistry. "


  Lu Jing, an associate researcher at the Institute of vertebrate paleontology and Paleoanthropology, Chinese Academy of Sciences, feels that doing popular science on short videos is a "new and wonderful experience". Before that, she didn’t expect that the mobile internet platform could tilt resources to serious knowledge creators and content like her. Short videos made her find a hyperlink to share knowledge with the world, and the feedback from "fans" became her motivation to persist in doing popular science. "I feel that short videos make the way to do knowledge on the Internet wider and wider."


  The purpose of people’s initial use of short video software is mostly entertainment and leisure, but in a highly fragmented and entertaining viewing environment, it is easy to have a sense of emptiness and aesthetic fatigue after a long time. The emergence of knowledge-based content, like a clean stream, can fill the gaps in people’s hearts.


  Wang Xiaohong, a professor at Communication University of China, pointed out that with some Internet platforms successively launching measures to spread service knowledge, "knowledge content has gained unprecedented attention in the Internet industry. This trend reflects the upgrading of Internet content from single entertainment to knowledge. It can be said that the short video platform has driven the value shift of the Internet content industry. "


  For users, short videos break the original time-space limitation of knowledge intake, allowing people to use their spare time to study anytime and anywhere. At the same time, short videos present knowledge in the form of concise and clear knowledge points, and ignite users’ interest in further in-depth learning.


  Therefore, on the one hand, short video greatly reduces the threshold and difficulty of knowledge reception, mobilizes the enthusiasm of the public to create and disseminate knowledge, and realizes co-creation; On the other hand, short videos take social interaction as a link, breaking down the barriers of knowledge dissemination, allowing knowledge to reach more people and realize sharing.


  Provide a better environment for knowledge content creation


  "Information creates value. Among the many values created by information, the value of knowledge dissemination is the highest." Zhang Yu, vice president of ByteDance, believes that continuous investment in knowledge content will benefit the sustained and healthy development of the entire Internet content industry.


  "As a platform or technology, if high-quality content is not occupied, then harmful content will be occupied." Dai Jianye said, "Short videos have both pictures and sounds, and you can also add words, which is definitely a very good way to spread. Algorithms and traffic tell us what kind of articles and videos are the most popular and what kind of knowledge people like, which not only enables the author to tailor them accurately, but also enables the network to deliver them to the door regularly and quantitatively, which profoundly affects the production of knowledge. Those popular knowledge will be churned out in large quantities, but the neglected knowledge will not be produced. "


  Dai Jianye’s viewpoint is being verified by practice. At the "2019DOU Knowledge Creator Conference" held in Beijing a few days ago, Zhang Yu introduced that as of December 2, 2019, the number of knowledge content creators with over 10,000 fans in Tik Tok had exceeded 74,000, and a total of 19.85 million high-quality knowledge short videos were created, with a cumulative broadcast volume of more than 1.9 trillion; Each short video of knowledge has reached nearly 100,000 people.


  At present, all major short video platforms have built their own content pools, focusing on providing young people with high-quality content such as teaching, calligraphy and painting, parenting education, human history, traditional culture, handcrafting, natural science popularization and so on. For example, the Encyclopedia, a knowledge label area initiated by Aauto Quicker, and the DOU Knowledge Plan and the Non-legacy Partner Plan initiated by Tik Tok in conjunction with the Science Communication Bureau of Chinese Academy of Sciences, etc.


  However, at present, the overall proportion of these contents is still low, and the total amount is still insufficient. In the future, various short video platforms will continue to exert their efforts to provide a better environment and more support for knowledge content creation.


  In addition, regarding the view that short video learning is fragmented, Chen Zheng, a teacher at the National Physics Experimental Teaching Demonstration Center of Beijing Jiaotong University, said in an interview with the media: "Short video really can’t achieve the effect of systematic teaching, nor can it train professionals, but at least it can do one thing, that is, open a door. I teach physics, and my goal is to show some basic world outlook and methodology to the audience, especially teenagers, through these fragmented puzzles. When they collect enough’ fragments’, they master their internal connections and can spell out a complete picture of the world. "


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