Xinhuanet Beijing, October 10 (Reporter Hu Kelu) With the continuous improvement of consumers’ awareness of "health", the new tea industry has once again ushered in a new round of quality upgrade after experiencing the iteration of "0 addition", "low GI" and "nutrition grading". On October 10th, Naixue’s tea, the pioneer of the new tea track, made a breakthrough in launching the industry’s first "fresh fruit tea without sugar" series, and successfully achieved "0 added sugar", that is, all sweetness came from fruits. Naixue Tea, together with Xinhuanet and China Nutrition Society, jointly launched the initiative of "Good Fruit Tea Without Sugar" in the new tea industry, advocating that new tea enterprises should not add sugar and artificial sweeteners such as sucrose and fructose syrup in the process of fresh fruit tea making. Call on the new tea industry to promote the quality upgrade of fresh fruit tea, and achieve the goal of "0 sugar added is healthier" through the way of "good fruit tea without sugar" to provide consumers with a more healthy choice. This move also means that Naixue’s tea will once again lead the industry to cut into new competition points, promote the high-quality upgrade of fresh fruit tea and start a new stage of health.　　

   Naixue’s tea is the first "fresh fruit tea without sugar", and its sweetness is 100% from fruit.

    The proposal proposes that the industry should upgrade the quality of fresh fruit tea in an all-round way. During the fresh fruit tea making process, sugar and artificial sweeteners such as sucrose and fructose syrup are not added, and all sweetness comes from fruits, so as to promote the quality upgrading of fresh fruit tea in the industry. Through the way of "good fruit tea without sugar", the goal of "0 sugar added, healthier" can be achieved, the consumption experience of fresh fruit tea drinks can be improved, and consumers can be provided with more healthy choices.

    At the same time of launching the initiative, Naixue Tea made a breakthrough in launching the first series of fresh fruit tea without sugar in the industry-Naixue Black Grape without sugar, Naixue Blood Orange grapefruit without sugar, and Naixue Cabbage Kiwi without sugar. Naixue gives full play to the advantages of R&D and supply chain, and uses fresh fruits with super ingredients, such as "Lycium barbarum+grape", "blood orange+grapefruit" and "kale+kiwi fruit", to release the original flavor of ingredients to the greatest extent, and to flavor with fresh fruits naturally and sweetly, without adding extra sugar products, giving consideration to taste and health.

    Improving the natural and healthy product quality and consumption experience of fresh fruit tea is in line with the current trend of healthy consumption in the market. The person in charge of Naixue’s tea said that "health" is the concept that Naixue brand has always pursued since its establishment. From the beginning of its establishment, it took the lead in using high-quality tea, fresh milk and fresh fruit to create industry health standards, to the first natural Lohan juice to replace sugar, to become the first batch of nutrition grading pilot units in China, and now to put forward the "good fruit tea without sugar" initiative, Naixue’s tea will continue to explore breakthroughs on the road of "health".

　Image source: China Consumer News

    The charm of fruit: enjoy the benefits of natural sweetness

    Fruit is an important dietary component of Chinese residents, which is rich in vitamins, dietary fiber, plant compounds and other substances. According to ‌ Dietary Guidelines for China Residents (2022) recommends that China residents should consume 200 ~ 350g of fresh fruit every day. ‌ However, the survey shows that the fruit intake of Chinese residents is far from enough compared with the recommended amount.

    Han Junhua, Secretary-General of China Nutrition Society, said that the delicacy of fruits comes from their natural sweetness. Natural sugar in fruits combines with fiber, vitamins, minerals and various phytochemicals in fruits to form a natural nutritional combination, which provides our bodies with abundant energy and various necessary nutrients. In daily life, we should make food diverse and reasonably matched. It is suggested that fruits should be integrated into daily diet, and healthy fruits with fresh, seasonal and natural sweetness should be selected, and the diversity of fruit selection should be paid attention to, so as to ensure the intake of different kinds of nutrients and phytochemicals and keep our bodies healthy and energetic.

    Han Junhua said that this joint initiative aims to encourage the tea industry to develop in a "more natural" and "healthier" direction from raw material selection to formula research and development. Naixue’s tea promotes the upgrading of the quality of raw materials in the new tea industry, which not only brings consumers more choices of healthy tea raw materials, but also promotes and promotes a healthy lifestyle, which is of positive significance to the improvement of national health literacy.

The "Nutrition Choice" logo (for Trial Implementation) was formulated by Shanghai Center for Disease Control and Prevention.

    0 Adding sugar+super ingredients Naixue continues to deepen the core of "health"

    The person in charge of Naixue’s tea said, "The three new products launched this time have accurately anchored the highlight of" super ingredients "on the basis of adding sugar to 0. It is both natural and delicious, and it has added energy. It has explored more three-dimensional solutions on the subject of health. " Among them, black Lycium barbarum full of anthocyanins is added to Naixue Black Grape without sugar, and regional limited products are free of sugar. Naixue Blood Orange grapefruit is added with super food grapefruit, which is rich in vitamin C, while Naixue kale is added with super food kale rich in dietary fiber without sugar. In the future, Naixue will continue to launch a series of 0 added sugar products in product planning, providing users with a healthy choice of "full energy".

    Nowadays, "health" and "light health" have become increasingly prominent consumer demands, and "healthy tea" has become the general trend. The new tea represented by Naixue keenly captured this signal and quickly launched the corresponding products. Han Junhua said that "nutrition" and "health" elements have gradually become the "standard" of the new tea industry. Enterprises should meet the health needs of consumers in a refined and continuous manner, introduce more healthy drinks, promote the healthy transformation and high-quality development of the industry, and meet the needs of different consumers.

　　The National Day holiday is coming, and the relaxed and happy atmosphere is gradually spreading in China. The people on the other side of the ocean can’t relax, but they are waiting for a crisis to be lifted.

　　At about 8 pm local time on September 30, the provisional appropriation bill was finally put on Biden’s desk. At this time, from the US government"Close the door"Deadline for, remainingLess than 4 hours..

　　Signing this bill means that the US governmentTemporarily avoidIn order to avoid the embarrassing situation of "closing the door", hundreds of thousands of federal government workers do not have to face the dilemma of stopping work without pay.

　　But in fact, this crisis was"manufacturing"Yes. The federal budget could have been passed by a congressional vote, but in order to avoid another crisis that has never happened in the history of the United States for more than 200 years, this bill has become a binding weight:

　　Before October 18, if the US Congress fails to pass a bill to raise the debt ceiling or suspend its entry into force, then the United States will appear since the founding of the People’s Republic of China.First debt defaultAt that time, the US military will have no salary to pay, nearly 50 million old people’s old-age social security will be suspended, and millions of job opportunities will be lost. Both US stocks and US debt will become a string of worthless figures.

　　Although the situation is critical, binding has not worked. The provisional appropriation bill was passed, but the debt crisis is still a big thorn in Biden’s government.

　　Such a debt default risk has already appeared in American history.More than 100 times. Every time, it ended in chaos.

　　However, this time, can the United States still be surprised? And how long can the United States bear the cost of chaos?

　　As early as August, the signs of this round of debt chaos have already appeared.

　　On August 1, the U.S. federal government debt ceiling, which was suspended for two years, came into effect. The next day, the US Treasury began to take emergency measures.Throttle measures, including suspending the payment of government employees’ retirement and medical funds.

　　At the same time, US Treasury Secretary Yellen wrote three letters to Speaker of the House of Representatives Pelosi in succession, with only one theme:

　　The US government has no way to continue to sell federal and local government bonds. If the US Congress does not take immediate measures to suspend or raise the US debt ceiling, then the United States will emerge.Default on debt.

　　△ US Treasury Secretary Yellen said at the hearing of the House Financial Services Committee that she supported the cancellation of the federal debt ceiling, and said that the risk of debt default posed a "very destructive" threat to American confidence and American credit.

　　Yellen’s wording from"worried"become"in a hurry"Various consequences have been warned more than once. Unfortunately, she is in a hurry and others are not in a hurry.

　　Senate Republican leader McConnell made it clear that the Republican Party would not support raising the debt ceiling. After McConnell’s statement, 100 Republicans in the House of Representatives also signed a joint letter, promising not to vote to raise the debt ceiling under any circumstances.

　　△ Senate Republican leader McConnell

　　Republicans also have good reasons: the United States must not default, but who should make efforts for it depends on who the American people choose in the election.

　　The implication is obvious. Why should I, the Republican Party, do it for your Democratic Party?"political achievements".

　　In the face of the impenetrable Republican Party, the Democratic Party has come up with a vicious plan to attach a bill to raise the debt ceiling or suspend its effectiveness to the federal budget that must be passed — — If it doesn’t pass, the US government willstop.

　　Earlier, the U.S. government had stopped working more than 20 times. A shutdown of the previous government caused an economic loss of $11 billion to the United States. It’s not the first time, but don’t forget, there is an epidemic.

　　An anonymous government official revealed to the US media that once the government shuts down, the National Institutes of Health (NIH) can only retain a quarter of its nearly 5,000 employees, which is even worse for the United States, which is already short of medical resources.

　　△ In Houston, USA, emergency personnel rescued COVID-19 patients at home.

　　Zhao Xijun, co-dean of China Capital Market Research Institute of Renmin University of China, also pointed out the thoughts of the Democratic Party to Tan Zhu:

　　“

　　Put pressure on the Republican Party to make it compromise.

　　"

　　Reuters’s survey data also show that,thirty percentTwenty-five percent of Americans believe that if the government shuts down, Republicans in Congress should be blamed the most, while only Democrats will be blamed.21%.

　　But the result of the vote made the Democratic Party stupid: on September 27th, the Senate Republicans rejected the Democratic Party’s bill.

　　△ US Senate Republican leader McConnell delivered a speech at the press conference

　　McConnell made it clear directly that we have long seen through the thinking of the Democratic Party. A separate federal budget, supported by Republicans, will not stop the government, but it will be tied together.no way.

　　The toughness of the Republican Party also surprised the capital market. On the second day after the veto, US stocks fell sharply, and the three major stock indexes, including the Nasdaq index, recorded the biggest one-day decline in the second half of the year.

　　The Republican Party has not forgotten to point out a "way out" for the Democratic Party — —Exercise the budget adjustment procedure. In this way, a bill that originally needed 60 votes to pass only needed 51 votes.

　　But this is digging a hole for Biden’s government. Zhao Xijun told Tan Master:

　　“

　　Biden put forward the vision of jointly considering the overall interests of the United States during the campaign. He promised that he would comprehensively consider the interests of all parties and even form an atmosphere of negotiation and peaceful coexistence, instead of being as reckless as the previous government.

　　"

　　Using the budget adjustment procedure, skipping the Republican Party and forcibly pushing the bill will undoubtedly weaken the political capital of the Biden administration and increase the bipartisanconflict.

　　In desperation, Rep. Jerry Nadler even put forward this plan at the Democratic Party caucus meeting on Tuesday:

　　United states mint casts one."value"Trillion dollars of platinum coins, sell it to the Federal Reserve, so that the account of the US Treasury can be more than 1 trillion dollars, that is to say, the US fiscal deficit will be reduced by 1 trillion dollars.

　　Although the United States Code does give the Ministry of Finance such power, economists have long said that this is only"An accounting trick"It can’t solve people’s concerns about US debt default at all.

　　In desperation, politiciansConfused tricks come and go.

　　The only way to solve the problem is in Congress.

　　But you know, since the Biden administration took office, Republicans have been performing."All against"The drama.

　　At the beginning of taking office, Biden ambitiously proposed a 1.9 trillion economic stimulus bill. In the House of Representatives, the bill was passed, but the Republicans were not depressed — — None of the 219 votes supported came from Republicans. In the Senate vote 10 days later, as long as the Republicans present, they also opposed it.

　　Now, seven months later, this situation is in the bill to raise the debt ceiling or suspend it.Play again.

　　△ On September 29th, Speaker of the House of Representatives Pelosi was interviewed. On the same day, the US House of Representatives passed a bill to suspend the national debt limit until December 16, 2022 by 219 votes to 212 votes.

　　Pelosi complained that during Trump’s tenure, the two parties in the United States cooperated three times to raise the debt ceiling. But when it was the Democratic Party’s turn to be in power, the Republicans were collectively constrained.

　　But Pelosi seems to forget that the word "cooperation" in her mouth,"achievement"The longest government shutdown in American history.

　　At that time, the two parties were deadlocked over the issue of the US-Mexico border separation wall. When the Democratic Party successfully took control of the House of Representatives in the mid-term elections, all bills that included funds requested by Trump were firmly opposed. This eventually led to a 35-day shutdown of the US government.

　　△ US-Mexico border

　　Liu Weidong, a researcher at the American Institute of China Academy of Social Sciences, told Tan Zhu:

　　“

　　Now the polarization between the two parties is getting worse and worse, and there is no obvious sign of return. The two sides are unwilling to compromise, and the result is a political deadlock.

　　"

　　Francis Fukuyama, a well-known American political scholar, also mentioned in one of his articles that confrontation led to the stagnation of the political operation in the United States and the whole country became one.victim.

　　Is the Republican Party really not afraid of the United States stopping? McConnell revealed that he played the game of constraint"emboldened"Even if all Republicans oppose raising the debt ceiling, the United States will not default, and the Democratic Party will certainly try its best to do it.

　　△ Senate Democratic Leader Schumer

　　Because America always does this.

　　Since the United States adopted the debt ceiling model in 1939, the ceiling has been raised.107 times. No matter how the two parties in the process"Kick the ball"From the results, it is true that the US debt is not allowed to default in name.

　　But always dancing on the edge of the cliff, people are interested in America"slip"Concerns are also growing.

　　In 2011, on the last day of default, the US Congress passed a bill to raise the debt ceiling. Standard & Poor’s, a financial analysis institution, downgraded the credit rating of the United States for the first time in history. As soon as the news came out, global stock markets fell and suffered "Black Monday".

　　Standard & Poor’s believes that the risk has been going on, and the decision-making and political institutions in the United States"Effectiveness, Stability and Predictability"Has weakened.

　　Two years later, the United States once again fell into the same double crisis of government shutdown and debt default risk. At that time, US President Barack Obama said with emotion, "We must get rid of the habit of governing the country with crisis." In the 16 days before that default, the government had been closed because of the risk of debt default, and the daily loss in the United States reached $1.5 billion.

　　Before the last minute, the American political system seems to be reckless, almostOperation failure.

　　Obviously, Yellen, who served as the chairman of the Federal Reserve in the Obama administration, also recalled the previous dilemma. She warned Congress many times, but the final result showed that it didn’t help.

　　Crisis after crisis, wave after wave of risks and negative emotions have also spread among the American people.

　　You know, Biden is the president-elect who broke the record of votes for the presidential candidate in the US general election, and the people have great expectations for him. But now, Gallup poll shows that since August, the economic confidence index has been negative and has been declining.

　　Republicans, on the current economic situation and future economic prospects are rated.worsen.

　　Zhong Zhengsheng, chief economist of Ping An Securities, pointed out the fundamental logic behind the failure of the two parties to reach a consensus — — It is not so much a difference in fundamental ideas as it is "As long as the enemy agrees, I will oppose it. "And vowed to block Biden’s administration to the end.

　　Nowadays, both parties are involved.

　　Zhong Zhengsheng also agrees with Tan Zhu, who thinks:

　　“

　　In essence, the high government debt is caused by the long-term imbalance of fiscal revenue and expenditure and the slowdown of economic growth, and it is not the sole responsibility of the Democratic Party or the Republican Party.

　　"

　　After the COVID-19 outbreak, the cooperation between the Federal Reserve and the U.S. Treasury also boosted the rapid expansion of U.S. government debt. In other words, the Trump administration’s tax cuts in 2020 and the Biden administration’s "throwing money" in 2021 all have this."contribution".

　　However, the emergence of a pair of "enemies" is not good for the American people or other countries in the world.

　　The crisis is being transmitted from America to the world. Even Washington post bluntly said that the debt crisis will not only plunge the United States into a recession comparable to that in 2008, but also have a disastrous impact on the global financial market.

　　The market is releasing a signal of losing confidence in the United States. The latest international capital flow report released by the U.S. Treasury Department shows that foreign investors are in succession.decreased byHoldings of long-term securities in the United States.

　　Since April this year, half of the top ten overseas holders of US debt have been selling US debt, including many traditional American allies such as South Korea.

　　The World Bank predicts that the actual economic growth of Brazil, which is more than 7,000 kilometers away from the United States, is much lower than the global economic growth expectation this year. Moreover, according to the data of the relevant departments of the Brazilian government, in the second quarter of this year, the number of unemployed people in Brazil was 14.4 million.

　　All of the above are related to the loose monetary policy and the increasingly high debt in the United States.

　　△ In Rio de Janeiro, Brazil, homeless people look for food in street garbage.

　　Liu Weidong told Tan Master:

　　“

　　Even if the United States survives the debt crisis this time, countries around the world will still have more and more doubts about the sense of responsibility and stability of the United States itself.

　　"

　　This crisis of confidence comes not only from the economy.

　　Not long ago, the French newspaper le figaro published a report entitled "Biden Trump: Two Presidents, One Foreign Policy", which bluntly stated that Biden andNot brokenIn Trump’s foreign policy, on the contrary, Biden treated his allies arrogantly, which was far less different from his predecessor’s.

　　△ On September 21, 2021, local time, US President Biden spoke at the 76th UN General Assembly.

　　Obviously, the Biden administration is workingoverdrawTheir own political capital.

　　Liu Weidong, also came to this conclusion. He told Lord Tan:

　　“

　　Biden’s slogan is that diplomacy should serve the interests of the American middle class, which is actually disguised ‘ Us priority ’ . Although there are some differences in the practice of some issues between the two governments, the actual goal of Biden’s government is no different from that of the previous government. This, in fact, cannot be ‘ Strange ’ The current government.

　　"

　　When the atmosphere has been formed, whoever does not mention "American priority" is the one."unpatriotic". Not long ago, Washington post issued a long warning that the legacy of the former American government, as well as the practices of the current government, is dragging the United States into the most serious political crisis since the Civil War.

　　However, just as the United States can only use one crisis to solve another crisis when dealing with the debt problem, political extremes are bound to aggravate the extremes of action. The United States, which treats chaos with chaos, is bound to plunge the world into a bigger one.In turmoil.

　　More than nine months ago, the Biden administration used the phrase "America is back" to say that it would lead the world again. But now it seems that the United States is neither qualified to say so, nor capable of doing so.

　　America, or that?Global chaotic source, has not changed.

It is related to the housing rental market and will be implemented on February 5.

The People’s Bank of China and the State Financial Supervision and Administration Bureau issued the Opinions on Financial Support for the Development of Housing Leasing Market, which came into force on February 5, 2024. The Opinions put forward 17 measures to support the development of the housing rental market from the aspects of strengthening the innovation of housing rental credit products and service models, broadening diversified investment and financing channels in the housing rental market, and strengthening and improving the financial management of housing rental. The "Opinions" clearly increase the credit support for housing lease development and construction. Support commercial banks to issue housing lease development and construction loans to real estate development enterprises, industrial parks, rural collective economic organizations, enterprises and institutions and other entities that build or rebuild long-term rental housing in accordance with laws and regulations. The term of housing lease development and construction loans is generally 3 years, and the longest is not more than 5 years.

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Opinions of the People’s Bank of China and the State Administration of Financial Supervision on Financial Support for the Development of Housing Leasing Market

Guidance Catalogue for Industrial Structure Adjustment (2024 edition), which will be implemented on February 1st.

The National Development and Reform Commission revised and issued the Guiding Catalogue of Industrial Structure Adjustment (2024 edition), which came into effect on February 1, 2024. The guidance catalogue of industrial structure adjustment is an important basis for guiding the direction of social investment, government management of investment projects, and formulation and implementation of policies such as finance, taxation, credit, land, import and export. There are 1005 entries in the Catalogue (2024 edition), including 352 encouraged, 231 restricted and 422 eliminated. Compared with the previous edition, in the encouraged category, there are new items that are beneficial to industrial optimization and upgrading, such as intelligent manufacturing, agricultural machinery and equipment, CNC machine tools and network security, and in the restricted category and eliminated category, there are new items that are not in line with the requirements of green development and safe production.

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One-click query of the latest industry catalogue ↓

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Encourage, restrict and eliminate industries with clear catalogue! Implemented on February 1st.

The central bank decided to reduce the deposit reserve ratio of financial institutions on February 5.

In order to consolidate and strengthen the economic recovery, the People’s Bank of China has decided to reduce the deposit reserve ratio of financial institutions by 0.5 percentage points from February 5, 2024 (excluding financial institutions that have implemented the deposit reserve ratio of 5%). After this reduction, the weighted average deposit reserve ratio of financial institutions is about 7.0%.

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The central bank announced the RRR cut on February 5.

The Measures for the Supervision and Administration of Investment Projects in the Central Budget will come into force on February 1st.

The National Development and Reform Commission issued the Measures for the Supervision and Administration of Investment Projects within the Central Budget, which will take effect on February 1, 2024. The "Measures" emphasize that the first is to insist on clarifying the regulatory responsibilities. Systematically standardize the responsibilities of the National Development and Reform Commission, local development and reform departments, relevant industry authorities and central units, straighten out the relationship between functions and powers, link up the responsibility chain, and improve the supervision system, so that the whole process of supervision of investment projects within the central budget has requirements and evidence for accountability. The second is to refine the content of supervision. Focusing on the life-cycle supervision of investment within the central budget, the corresponding supervision procedures, contents and methods are clarified for different regulatory subjects, and corresponding regulations are made for strengthening online scheduling and exploring video supervision based on the national online approval and supervision platform for investment projects (national major construction project library). The third is to strengthen supervision and law enforcement. On the basis of strengthening daily management, monitoring and dispatching, the requirements for supervision and inspection shall be clarified, and a special chapter shall be set up to effectively strengthen the supervision of bundled and diced investment projects. At the same time, clear the applicable situation, discretion standard and disciplinary measures for violations of laws and regulations, and increase punishment.

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Measures for the Supervision and Administration of Investment Projects within the Central Budget No.10 of 2023

It is related to the safety inspection of railway passenger transportation and will be implemented on February 1.

The Ministry of Transport promulgated the Measures for the Administration of Railway Passenger Transport Safety Inspection, which will take effect on February 1, 2024. The Measures further improve the safety inspection work in all aspects of railway passenger transport. First, improve the safety inspection method, combine the safety inspection equipment with manual inspection, and at the same time increase the number of open safety inspection channels, dispense with the safety inspection in station transfer, and give priority to key passengers, so as to strengthen all-round safety inspection, ensure the safety of passengers entering the station, and provide convenience for passengers. The second is to put forward requirements for the safety inspection work of boarding and unloading stations, railway trackless stations, commodities entering the safety inspection area, other pit stop personnel, etc., and make it clear that the parcels transported with passenger trains shall be implemented with reference to these Measures, so as to plug the loopholes in safety inspection. The third is to encourage the orderly connection of railways with urban rail transit, civil aviation, roads and waterways, so as to realize mutual recognition of security inspections and avoid repeated security inspections.

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Measures for the Administration of Railway Passenger Transport Safety Inspection (Order No.21, 2023 of the Ministry of Transport of the People’s Republic of China)

The Regulations on the Registration and Administration of Collective Trademarks and Certification Trademarks will come into force on February 1st.

China National Intellectual Property Administration issued the Regulations on the Registration and Administration of Collective Trademarks and Certification Trademarks. From the perspective of standardizing the registration and use of collective trademarks and certification trademarks and maintaining fair competition market order, the Regulations guide the registrants of collective trademarks and certification trademarks to register with virtue, exercise their rights appropriately and safeguard their rights effectively. Clear the boundary of rights, taking into account the legal use of trademarks and the proper use of others; Promote the integration of administrative organs, comprehensively implement policies, and help the development of local industries. The Regulations came into effect on February 1st.

From February 9, China and Singapore will be exempted from visas.

On January 25th, representatives of the Government of People’s Republic of China (PRC) and the Government of the Republic of Singapore signed the Agreement between the Government of People’s Republic of China (PRC) and the Government of the Republic of Singapore on Mutual Exemption of Visa for Ordinary Passport Holders. The agreement came into effect on February 9, 2024 (Lunar New Year’s Eve). At that time, ordinary passport holders of both sides can enter the other country without a visa to engage in private affairs such as tourism, visiting relatives and business, and stay for no more than 30 days. If you want to enter the other country to engage in work, news reports and other activities that require prior approval, and intend to stay in the other country for more than 30 days, you must complete the corresponding visa before entering the other country.

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From February 9, China and Singapore will be exempted from visas.

Implementation of Measures for the Protection of Geographical Indications Products

China National Intellectual Property Administration promulgated the Measures for the Protection of Geographical Indications Products, which will take effect on February 1, 2024. The "Measures" improve the review process and optimize the review and identification procedures; Strengthen the management of geographical indication products, and clarify the obligations of producers and the daily supervision responsibilities of local intellectual property management departments; Strengthen the protection of geographical indication products and clarify the infringement.

Implementation of the new version of "Administrative Measures for the Use of Donation Bills for Public Welfare"

The Ministry of Finance issued the Measures for the Administration of the Use of Donation Bills for Public Welfare (Caizong [2024] No.1), which will take effect on February 1, 2024. Notice of the Ministry of Finance on Printing and Distributing the Interim Measures for the Administration of the Use of Donation Bills for Public Welfare (Caizong [2010] No.112) shall be abolished at the same time. The "Measures" clarify that the donation bills for public welfare undertakings can be used as valid certificates for donors to donate abroad and apply for pre-tax deduction of donations in accordance with relevant state regulations. The basic contents of bills donated by public welfare undertakings include bill name, bill producer seal, bill code, bill number, payer’s unified social credit code, payer’s check code, billing date, two-dimensional code (barcode), project code, project name, unit, quantity, standard, amount (RMB), total amount (in words)/(in figures), remarks, other information and payee. When a public welfare unit accepts the donated property used for public welfare undertakings, it shall issue a donation bill for public welfare undertakings to the donor.

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Measures for the Administration of the Use of Public Welfare Donation Notes issued