Domestic gasoline and diesel prices have fully entered the "5 yuan era". On March 20th, employees of a gas station in Xinle City, Hebei Province were refueling. Photo by Jia Minjie (Zhongjing Vision)

　　Influenced by multiple negative factors, international oil prices have plunged in succession in the past half month. The production of shale oil and gas companies with no financing is unsustainable and will usher in a wave of bankruptcy. The imbalance between supply and demand in the market will accelerate the shift of the focus of the international energy map, from the previous supply-side leading to the demand-side leading, that is, the international crude oil market will be transformed from the seller’s market to the buyer’s market.

　　Influenced by multiple negative factors, international oil prices have plunged in succession in the past half month. On March 18th, the New York Mercantile Exchange light crude oil futures for April delivery closed at $20.37 per barrel, while London Brent crude oil futures for May delivery closed at $24.88 per barrel. Compared with the beginning of this year, the prices of West Texas Intermediate crude oil and Brent crude oil both fell by more than 60%. The sharp drop in international oil prices may reshape the international energy landscape and accelerate the restructuring of the international energy landscape.

　　The imbalance between supply and demand of crude oil has intensified.

　　Nowadays, the basic balance between supply and demand to maintain the trend of international oil prices has been broken.

　　Look at the demand first. The COVID-19 epidemic has spread around the world, and many countries and regions have taken "hard core" measures to prevent and control it. A large number of international flights have been grounded, enterprises have stopped production, and global economic activities have slowed down significantly, which has seriously impacted the global oil demand. Analysts of Lyestad Energy Company lamented that the demand for aviation kerosene, gasoline, shipping oil, petrochemical products and power generation oil plummeted at the same time this year, "this is a rare bleak scene".

　　Bank of America predicts that global oil consumption will shrink to more than 500,000 barrels per day in the first half of this year. If the epidemic situation is not controlled, the shrinking demand may continue into the second half of this year. The head of global commodity research at Goldman Sachs Group pessimistically predicted that oil consumption would drop by 8 million barrels per day. The same view is held by Citibank, which predicts that the global oil demand will decrease by 4 million barrels per day in 2020, a record, and the oil demand in the second quarter will shrink to 11 million barrels per day.

　　Look at the supply. On March 6th, after the OPEC+Ministerial Meeting’s talks on production reduction broke down, Saudi Arabia announced that it would start to increase production substantially, and planned to increase production to 12 million barrels to 12.5 million barrels per day. Russia plans to increase production to 11 million barrels to 11.5 million barrels per day. In order to seize market share, Iraq, Nigeria, United Arab Emirates, Kuwait and other countries have also announced to join the army of increasing production.

　　On the one hand, demand has shrunk dramatically, on the other hand, supply has increased dramatically, the relationship between supply and demand has been completely unbalanced, and international oil prices have been diving. Many institutions predict that if the surplus crude oil cannot find a way out, the oil price may drop below $20 per barrel.

　　The imbalance between supply and demand in the market will accelerate the shift of the focus of the international energy map, from the previous supply-side leading to the demand-side leading, that is, the international crude oil market will be transformed from the seller’s market to the buyer’s market. Faced with sufficient market supply, major oil importing countries have a greater say. In recent years, the new map of global energy has gradually become clear, and the global consumption increase of oil and gas resources mainly comes from Asian countries such as China, Indian, Japanese and Korean. This round of falling oil prices will prompt emerging economies to play an increasingly important role in the global energy market.

　　Shale enterprises will be affected.

　　The international oil price plummeted, and those high-cost oil producers were the first to be injured, and shale oil and gas enterprises, especially those with small scale and high debt ratio, were the first to bear the brunt. It is estimated that at the current oil price, most shale oil wells drilled in the United States will be unprofitable. Elacott, senior vice president of Wood Mackenzie, an energy consulting company, believes that falling oil prices may trigger a new round of deep adjustment in the industry.

　　It is estimated that the production cost of most American oil and gas enterprises is above $50 per barrel. When the oil price drops to $30/barrel, only a few companies, such as ExxonMobil, Chevron and Western Petroleum, can continue to drill new wells to make profits, and the rest will all lose money. Different from traditional oil and gas, shale enterprises must constantly drill new wells to maintain production, which requires constant additional investment. To this end, a large number of shale oil companies have to raise funds by issuing bonds. Nowadays, the sharp drop in international oil prices has affected investors’ expected returns and spending plans, making it difficult for shale companies to raise funds. Small and medium-sized oil companies in the United States have begun to cut their investments, such as Apache, which has cut 37%, and Devon Energy, which has cut 30%.

　　Fitch Ratings, a rating agency, predicts that from 2020 to 2022, American shale oil and gas companies will have debts of nearly $200 billion due soon. Due to the sharp drop in oil prices, their debt ratings are close to "junk bonds", and the financing costs of shale oil and gas companies will rise sharply. The production of shale companies with no financing is unsustainable, and will usher in a wave of bankruptcy and become the first batch of "killed" enterprises. Norway’s Ruizide Consulting Company predicts that the crude oil production capacity of American shale companies facing bankruptcy this year will reach 2 million barrels per day. During the low oil price period from 2014 to 2016, dozens of shale enterprises in the United States went bankrupt.

　　Some analysts believe that the exit of American shale companies is exactly what Russia and Saudi Arabia want. The talks between Saudi Arabia and Russia collapsed at the OPEC+Energy Ministers’ Meeting in Vienna, and they failed to reach an agreement on reducing production and insuring prices, and then they started a price war. The main reason was that American shale companies squeezed their market share. "Kill one thousand enemies and lose eight hundred." By suppressing American companies in the form of price wars, Saudi Arabia and Russia have paid a great price and suffered great losses. Oil revenue of oil-producing countries depends on oil price and output. Now that the oil price is halved, the output must be doubled before the two phases can be even.

　　Besides, oil production in Russia and Saudi Arabia also faces cost constraints. Compared with American shale companies, Russia has a good resource endowment and its oil production cost is relatively low. Developed oilfield infrastructure and efficient railways and pipelines enable Russian oil giants to operate at a lower cost. According to estimates, Russian oil companies can bear the low oil price of $15/barrel. In other words, before the oil price drops to $15 to $20 per barrel, Russian energy companies can continue to maintain production, but their profits have shrunk dramatically.

　　For Saudi Arabia, the cost of oil exploitation is lower, less than $3 per barrel. However, in order to maintain the normal operation of the national economy, other costs attached to oil prices are quite high. Saudi Arabia’s national finance mainly relies on oil revenue to maintain the government’s fiscal balance, so it usually needs a high oil price of $80/barrel to support it. Saudi Arabia’s current account is very sensitive to oil price fluctuations, and it is difficult to withstand long-term price wars.

　　Overall beneficial to economic development

　　The sharp drop in international oil prices is indeed a big plus for China as a whole. As the largest net oil importer, the price of crude oil has fallen sharply, which is conducive to China’s significant reduction in crude oil import expenses.

　　Last year, China imported more than 500 million tons of crude oil, with a daily average of 10 million barrels, an increase of 9.5% over the previous year, and the import expenditure was about 166.3 billion US dollars. Now, falling oil prices will save China a lot of money and increase its current account surplus. Ordinary people have already felt the benefits of low oil prices. Recently, China’s refined oil prices have been lowered into the "5 yuan era", and motorists can fill up a tank of oil with less money. As the blood of modern economy, the decline in energy prices is conducive to reducing transportation costs, stabilizing prices, lowering the high CPI index, and providing more space for China’s macroeconomic regulation and control.

　　On international occasions, the decline in international oil prices is also conducive to China’s expansion of "oil diplomacy" space and provides opportunities for the development of "PetroRMB". Yujun Feng, vice president of the Institute of International Studies of Fudan University, believes that when the international oil market is oversupply and the price is low, China can learn from the experience of the European Union, and modify the clauses in the natural gas trade agreements with Russia, Turkmenistan and Myanmar that are linked to oil prices and pay according to demand, so as to safeguard our interests to the maximum extent. At the moment when "the market is king", major oil and gas producers are eager to compete for China’s market share. China can further increase the diversification of oil and gas imports and urge relevant energy suppliers to provide me with more favorable export prices and other conditions. When the international oil price falls into the era of low price, the "Petrodollar" in the financial market will drop sharply, and the oil transaction will tilt towards the buyer’s market, which is conducive to the internationalization of RMB and provides a rare opportunity for the rise of "PetroRMB".

　　However, the sharp drop in international oil prices will also bring a wave of impact to China’s energy industry. China is also a big oil producer, with an oil output of 190 million tons last year. Low oil prices will make domestic oil fields fall into losses and bring cold winter to local oil producers. Chinese-funded enterprises’ overseas oilfield investment will also be adversely affected.

　　The impact on the new energy industry should not be underestimated. Compared with the oil price of $30/barrel, new energy sources such as solar energy and wind energy will be less competitive in the power generation market, which is directly related to the survival of a large number of new energy enterprises and affects the healthy development of the national new energy industry. The spillover effect of low oil prices will also affect new energy vehicles. A joint study by the University of Chicago and the Massachusetts Institute of Technology shows that before the breakthrough of battery technology, the oil price of $50/barrel will make the development of electric vehicles difficult. Today’s oil price of less than $30/barrel will undoubtedly affect the development of new energy vehicles.

Imposing tariffs on agricultural products imported from the United States has little impact on China.
-Interview with Han Jun, Deputy Director of the Central Agricultural Office and Vice Minister of Agriculture and Rural Affairs.

In view of the hot issues related to agricultural products in Sino-US economic and trade frictions, the reporter recently interviewed Han Jun, deputy director of the Central Agricultural Office and vice minister of agriculture and rural affairs.

China’s agricultural trade has a huge volume and a broad market.

Reporter: Please tell us about the overall situation of Sino-US agricultural trade in recent years. How do you evaluate the development of Sino-US agricultural trade?

Han Jun: Agricultural products trade plays an important role in Sino-US economic and trade relations. China is the world’s largest importer of agricultural products, and the United States is the world’s largest exporter of agricultural products. Strengthening agricultural trade cooperation between China and the United States is conducive to promoting the agricultural development of the two countries.

American agriculture has a high level of modernization and strong competitiveness. Expanding the export of agricultural products to China has always been the focus of the United States to expand overseas markets. Agriculture has always been a core issue in Sino-US economic and trade consultations. In 2017, China imported 24.12 billion US dollars of agricultural products from the United States, accounting for 19.2% of China’s total agricultural products imports; Exports of agricultural products to the United States amounted to $7.73 billion, accounting for 10.2% of China’s total agricultural exports; China’s agricultural trade deficit with the United States reached $16.38 billion.

China and the United States have different endowments of agricultural resources, and the trade of agricultural products is highly complementary. The advantages of land-intensive agricultural products in the United States are outstanding, while the advantages of labor-intensive agricultural products in China are obvious. In 2017, China mainly imported soybeans (US$ 13.95 billion), livestock products (US$ 2.92 billion) and cereals (US$ 1.51 billion) from the United States; China’s agricultural products exported to the United States are mainly aquatic products ($3.22 billion), vegetables ($1.15 billion) and fruits ($770 million).

China will have a huge demand for agricultural products imports in the future. It is China’s established policy to actively expand agricultural products imports, which is a big cake for global agricultural products exporting countries. We hope that Sino-US agricultural trade can develop healthily, and American farmers can share the cake of China’s expansion of agricultural products imports. The United States ignores the consensus reached by both sides and constantly escalates trade frictions. We firmly oppose it. China is unwilling to engage in a trade war with the United States, but in the face of what the United States has done, China has to introduce necessary countermeasures. If a trade war breaks out between China and the United States, many countries are willing and fully capable of replacing the market share of American agricultural products in China. I have noticed that the American agricultural community is deeply worried about this and hopes to resolve the trade differences between the two countries through negotiations.

China is fully capable of coping with the gap in the reduction of soybean imports in the United States.

Reporter: In response to the economic and trade frictions provoked by the United States, China has taken different measures against some agricultural products imported from the United States. What is the specific situation? Why do you take these measures?

Han Jun: Under the strong leadership of the CPC Central Committee, we resolutely safeguard the core interests of the country, rationally handle Sino-US economic and trade issues, and have to take necessary countermeasures in the agricultural field. So far, China has published two lists of tariffs on goods imported from the United States. Regarding the first batch, China issued an announcement to impose a 25% tariff on US$ 50 billion goods, including US$ 34 billion goods including agricultural products, which will be taxed from July 6, 2018, and the remaining US$ 16 billion goods will be taxed simultaneously with the US. The tax involved 517 agricultural products. In 2017, the total import from the United States was about 21 billion US dollars, mainly including soybeans, grains, cotton, meat, aquatic products, dairy products, fruits, nuts, whisky and tobacco. Regarding the second batch, China has decided to impose tariffs on about $60 billion of products imported from the United States at four different tax rates: 25%, 20%, 10% and 5%. The second batch of goods on the US tax list involves 387 agricultural products. In 2017, the total import from the US was about US$ 2.9 billion, mainly including hides, vegetable oils, vegetables, coffee and cocoa products, which have covered the vast majority of the first batch of untaxed agricultural products.

At present, the first batch of tax products that China has implemented covers nearly 90% of agricultural products imported from the United States, and agricultural products that the United States exports to China are among them, such as soybeans, grains, cotton, pork and other products. China’s countermeasures were put forward after listening to opinions extensively and carefully evaluating the impact, and they were rational and restrained. As far as China is concerned, the impact of increasing tariffs on agricultural products imported from the United States is very limited because of the diverse import sources and wide import market. In the future, relevant departments will evaluate the effect of countermeasures and strive to minimize the impact of countermeasures on domestic production and life.

Reporter: Among these measures, soybeans are undoubtedly the most concerned. Why has China been importing a large number of American soybeans? Will the soybean import gap caused by countermeasures have a greater impact on China’s edible oil and livestock and poultry breeding industry? What are the countermeasures?

Han Jun: Imported soybeans meet the demand for edible vegetable oil and protein feed. With the improvement of people’s living standards and the development of modern animal husbandry, the demand for edible oil and protein feed in China continues to grow. However, China’s land resources are limited, so it is difficult for us to ensure the basic self-sufficiency of staple foods such as wheat and rice, and at the same time ensure the effective supply of other land-intensive products such as soybeans. At present, the gap between domestic soybean production and demand is more than 90 million tons, which needs to be supplemented by the international market. The United States is the largest soybean producer in the world, with an annual output of more than 100 million tons, but its domestic consumption is limited, and about half of it depends on exporting to the international market.

At present, China’s soybean demand is still increasing, and the trend of large gap between domestic supply and demand will still exist. In 2017, soybean meal accounted for 72.3 million tons of 105 million tons of protein raw materials consumed by feed in China. China takes countermeasures against the United States, and soybean imports from the United States will drop significantly. Some people worry that it may have a certain impact on the supply of edible oil and livestock feed in China in the short term. In order to prevent the linkage effect and increase the pressure of rising domestic food prices, we have made thorough and sufficient preparations. It can be said that China is fully capable of coping with the gap of decreasing soybean imports in the United States. First, actively expand the source of soybean imports; Second, reduce the consumption of soybean meal by adjusting feed formula, reduce the demand for protein raw materials by applying new technology, and increase the import of other oilseeds and meal to make up for the gap of soybean meal; The third is to increase the supply of other edible vegetable oils; The fourth is to improve the soybean support policy and improve the comprehensive production capacity of domestic soybeans.

The impact on American agriculture is predictable.

Reporter: The United States is escalating trade disputes. If the United States insists on imposing tariffs on US$ 200 billion worth of China goods, what does it mean for American agriculture if China strongly opposes it?

Han Jun: My imports from the United States are mainly bulk agricultural products such as soybeans, cotton and pork. On July 6, 2018, the United States announced the implementation of the first round of tariff-added products (US$ 34 billion). As a countermeasure, China imposed a 25% tariff on US$ 34 billion goods, including agricultural products. Affected by the escalation of Sino-US economic and trade frictions, it is foreseeable that American agriculture will be damaged. Although the White House and the Ministry of Agriculture announced that they will implement the agricultural subsidy plan of up to $12 billion, American farmers will still face the risk of losing the China market that they have worked hard for decades.

Soybean is the most important product in Sino-US agricultural trade. In July, the Organization for Economic Cooperation and Development (OECD) predicted that the global soybean supply and demand would be basically balanced in 2018, and the soybean output in the United States would be 117.79 million tons, a decrease of 1.5% over the previous year. From 2015 to 2017, the United States exported 59% of its total soybean exports. Based on this, it is estimated that if there is no trade friction, the US soybean exports to China will be more than 30 million tons in 2018. Since I imposed a 25% tariff on American soybeans on July 6, my company has basically stopped purchasing American soybeans. Beginning in October 2018, American soybeans will be listed one after another, and the impact of China’s tariff increase on imported soybeans from the United States will gradually emerge. The United States will face problems such as falling soybean prices, increasing export pressure, and lengthening export cycle, which will bring losses to American soybean farmers and adversely affect the international trade and industrial development of American soybeans. According to monitoring, since I announced in early April that I intend to impose a 25% tariff on US soybeans, the US soybean futures price has fallen by nearly 20%.

On July 25, 2018, President Trump met with European Commission President Juncker, and a joint statement issued after the meeting stated that the EU agreed to import more American soybeans. In 2017, the EU-28 countries estimated that soybean imports were 13.65 million tons. From 2012 to 2016, the EU imported only 5.5 million tons of soybeans from the United States. According to the forecast of the Organization for Economic Cooperation and Development, the European Union’s soybean imports will be between 13 million tons and 14 million tons in the next 10 years. It is impossible for EU soybeans to be all imported from the United States, even if they are all imported from the United States, it will not solve the problem of tens of millions of tons of American soybeans that should have entered the China market.

The hearing held by the U.S. House of Representatives on July 19 also reflected the concern of people from all walks of life in American agriculture about losing market share. American soybean, grain, dairy products, meat, aquatic products, fruits and nuts have been operating in China for many years before gaining market share in China. The competition in China’s agricultural products market is fierce. If Sino-US economic and trade frictions escalate, American agricultural products will face higher costs in the China market, and their market share will be greatly weakened. Other competitors will not miss the opportunity and will occupy all the market share lost by the United States. If other countries become reliable suppliers to China, it will be difficult for the United States to regain the market. This is exactly what the American agricultural community is most worried about. They don’t want the long-term income to be affected by tariffs.

Actively, steadily and orderly expand agricultural opening to the outside world

Reporter: What is the impact of tariffs imposed by the United States and Canada on China’s agricultural products exported to the United States? How to deal with it?

Han Jun: The catalogue of the first round of products subject to tariff increase (US$ 34 billion) announced by the US on July 6th does not include the agricultural products exported by China. The catalogue of the products subject to the second round of tariff increase (US$ 200 billion) announced by the US on July 10th includes most of our aquatic products and fruit and vegetable products exported to the US.

In terms of aquatic products, the United States is my second largest aquatic product export market. In 2017, my aquatic products exported to the United States accounted for 12.8% and 15.2% of my total aquatic products exports respectively. Aquatic products are the main agricultural products exported to the United States, accounting for 42% of the total agricultural products exported to the United States. The US$ 200 billion commodity list covers all my aquatic products exported to the US. These products are exported to the United States with a high degree of dependence, especially tilapia, shrimp, crab, shellfish and other products. It is difficult to find other alternative markets in the short term and may be affected to some extent. In the next step, the Ministry of Agriculture and Rural Affairs, together with relevant departments, will guide relevant producers to actively explore international alternative markets, strengthen efforts to crack down on smuggling, guide and adjust the structure of breeding varieties, facilitate domestic circulation and sales, expand domestic consumption, and minimize the impact.

In terms of fruit and vegetable products, the United States is the fifth largest vegetable export market and the third largest fruit export market. There are more than 200 kinds of fruit and vegetable products in the list of tariff increase announced by the United States, covering 93% of vegetable products and 99% of fruit products exported to the United States. It is expected that taxation will have a certain impact on the income and employment of relevant fruit farmers and vegetable farmers. However, considering the strong absorption capacity of domestic consumption and the generally lower prices of domestic fruit and vegetable products this year, the actual impact of the US-Canada tariff on the export of our fruit and vegetable products remains to be seen. Next, we will improve the quality of fruit and vegetable products from the production side, enhance market competitiveness and expand the domestic consumer market; At the same time, actively expand the export channels of agricultural products, increase the export promotion of advantageous agricultural products such as fruit and vegetable products, and minimize dependence on the American market.

Reporter: Will China’s agricultural opening-up policy be adjusted in the future?

Han Jun: It has always been the basic policy of China’s agriculture to actively utilize domestic and international resources and markets. China’s agricultural trade is huge, and it has become the world’s largest importer of agricultural products and the second largest trader of agricultural products. At present, China is the largest buyer of agricultural products such as soybeans, sugar and cotton. The development of agricultural products trade has effectively eased the pressure on domestic agricultural resources and environment, and ensured the stable operation of domestic supply and market. At present, the main contradiction of China’s agricultural development has changed from insufficient aggregate to structural contradiction, and it is necessary to accelerate the structural reform of agricultural supply side in deepening reform and expanding opening up. In the future, those who export should try their best to export and those who import should take the initiative to import, which is our clear policy orientation. Agricultural opening to the outside world is the general trend and the correct choice in line with China’s agricultural development direction. We will actively, steadily and orderly expand agricultural opening to the outside world. (Reporter Qiao Jinliang)

[Abstract] Recently, Mr. Liu, who lives in Jinjian Community, jinzhou area South Road, Cangshan District, called the hotline of "News 110" to report that every noon, his barbershop downstairs began to play music. Although the sound of the music was not loud, the vibration frequency generated by the sound made him unable to take a lunch break, which seriously affected his daily life.

Source: News 110

Some time ago, I drove the car Geely Xingrui. Today, I took the time to talk about the use of this car.

It has been some time since Geely Xingrui went public, during which I also attended a launch conference of Geely Xingrui Space-Time Edition. I didn’t have a chance to test drive because it was just a listing conference.

However, as the old saying goes, "A good meal is not afraid of being late." After half a year, I still got on this car.

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I believe that people who often pay attention to cars should be familiar with this car, so let’s go straight to the point and talk about some of my driving feelings about it.

Of course, if there are some friends who don’t know about this car, don’t worry. Later, when I talk about driving, I will also talk about other aspects of this car.

The first is power. Geely Xingrui is the only car with a 2.0T engine at the same level and price. This engine can produce 190Ps and 300N·m in generate. This power output is relatively large at the same level. For example, the horsepower output of the well-known Civic 1.5T engine is 182Ps.

So what exactly does Xingrui drive? Let’s just say that it can definitely enter the top three in terms of acceleration, and the somatosensory feeling should be within 8 seconds. But if you say how fast this acceleration is, it won’t be, just that it is a fast car in the same class. Then daily driving is definitely enough, and there is no pressure to overtake in parallel.

The matching of engine and transformer is well done, there is no sense of frustration at low speed, and the shift smoothness is ok. Driving slowly every day, the gearbox is still very obedient.

Next, let’s talk about its space. I sit in the back row with my height and weight. In fact, I don’t feel how spacious the back row space of Xingrui is. Compared with other models in the same class, it is almost the same level, such as LaVida, Sagitar, Bora, Corolla, Sylphy and so on.

The luxury of the interior design is better than the above models, and the size of the central control panel, the color matching of the center console and the skin materials are also better than the above models.

However, the shape of its gear handle does not match the overall interior style, and a simple yacht gear handle stands abruptly on the center console. Switching to a button-type or knob-type shifting mechanism should improve the look and feel.

In terms of sound insulation, the engine roar will be more obvious at medium and high speeds. However, this is normal, and even joint-venture B-class cars at the same price will also have this phenomenon. The isolation of tire noise and wind noise is good, and the engine vibration control is also very good.

The chassis has a certain texture. After some ups and downs, the road surface has a good vibration filtering effect, and the vibration transmitted to the steering wheel is also very small. Under the condition of slow driving, the advanced feeling is still satisfied.

Finally, let’s talk about energy consumption. This 2.0T engine needs to be filled with No.95 gasoline. The total fuel consumption level is basically no advantage at the same level and price. The comprehensive fuel consumption of NEDC is 6.7L/100KM.

In terms of selling price, the price range of Geely Xingrui is 11.37-15.27 million, which is almost consistent with the mainstream joint venture brand A-class cars, such as the common Corolla, Sylphy and LaVida. By looking at its sales volume, it is found that Geely Xingrui can sell tens of thousands of units a month, which shows that the launch of this car is successful and it is not afraid of the status of the joint venture brand.

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As the saying goes, "No second in martial arts and no first in literature", at the test drive site, the activist also arranged a competing car for Xing Ruian, which is sagitar from the Volkswagen brand.

Driving two cars back and forth on the same route, sagitar has advantages in shifting speed and fuel consumption compared with Xingrui, especially in the case of fuel consumption. When sagitar speed is more than 30 kilometers per hour, the gearbox has risen to the fourth gear, which is not only fast but also very positive.

However, it may be due to the low basic displacement. When the sagitar is at a low speed (about 1350 rpm), the engine jitter will be transmitted to the steering wheel and seat, so the comfort and advanced feeling are relatively poor. The guess is that the factory engineer deliberately calibrated it in order to save more fuel.

However, for users who buy this car, this little bit of jitter has little effect on them. After all, fuel saving is king, especially in the current high oil price environment.

Sagitar has advantages in the above two aspects, but it is not as good as Xingrui in other aspects, such as advanced driving sense, advanced interior sense, steering feel and so on.

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Achuan pingche

To tell the truth, I still drive a few mainstream or non-mainstream A-class cars in China, so I can’t figure out how competitive Geely Xingrui is. But from the two cars I have tested, Geely Xingrui is superior to Sagitar in many aspects.

But if you ask me to make a choice between these two cars, I will choose sagitar. The reason is very simple. I will buy a car of this grade in terms of its durability, fuel economy, brand and space. And sagitar can satisfy me in these aspects, especially the fact that leather is durable (of course, the early sagitar is not counted, and interested friends can search for "broken shaft door"). As a car that needs to be used frequently, reliability is more important than everything.

However, for friends who are not very sensitive to fuel consumption and have requirements on vehicle configuration, design and power, then Geely Xingrui is a good choice. (Text/Power)

Once upon a time, Xú Zhēng was a popular actor, a first-line director and a big coffee maker in the circle, and he was sought after by thousands of people everywhere.

However, since he and Tao Hong joined the TST explosion, his image has plummeted, almost to the point where everyone shouted, and it is hard to recover.

However, the impact of this scandal on Xú Zhēng is still lingering.

Recently, Xú Zhēng, who has not appeared for a long time, was exposed to join Travel Notes of Youth Circle 4, which caused an uproar in an instant.

Countless netizens flocked to the official blog of "Travel Notes around Youth 4", voicing Xú Zhēng’s past misdeeds and bluntly saying that "he doesn’t deserve to be a guest, so he will resolutely resist this program", which made the program group very upset.

In addition, some netizens even went to the official website in Zhejiang to complain with their real names, hoping to get Xú Zhēng to quit the program.

After a few days of public opinion fermentation, on April 13th, "Zhejiang Radio and Television" responded urgently: Xú Zhēng has not been identified as an inferior artist at present, and will seriously investigate and understand, and closely follow the real situation of artists.

That is to say, even if it is the first time for the outside world, whether Xú Zhēng should be on the show or on the show, what happened before has no influence on him at all.

Xú Zhēng, an artist who is not a bad artist, but more annoying than a bad artist, how did he ruin his future step by step?

First, color is the first knife to destroy him.

In November 2012, at the entrance of a hotel in Beijing, Xú Zhēng, who was not at home in the middle of the night and was sleeping with his wife, appeared mysteriously.

And beside him, it is a beautiful young woman.

The woman is tall and handsome, and her posture is arrogant when she walks. Next to her, Xú Zhēng seems to be the younger brother, who has been coaxing carefully.

After they came out of the hotel, they went to KTV again and didn’t go home until the early hours of the morning.

As for whether they "study the script" or "69 postures of singing geese" together in KTV, no one knows.

The next day, the news that "Xú Zhēng cheated on her in marriage and went to the hotel with a strange woman in her arms in the middle of the night" got on the hot search.

You know, before that, Xú Zhēng and Tao Hong had been "model couples" in the circle.

When they met each other, they became actors, directors, started a company together, and made money, which seemed quite emotional.

Who would have thought that the marriage that everyone envies is just a chicken feather.

Under the pressure of public opinion, Xú Zhēng stood up and said that "the girl just came to discuss the MV shooting of" Sorry for Thailand ",and there were several people around her when she sang K that night".

If it’s just about work, do you need to date in the middle of the night? Do you need to hug the girl?

The outside world has been keen on Tao Hong.

Some people want her to divorce, others want her to expose the true face of love rat, bustling and lively.

However, Tao Hong was very calm, as usual, lightly replied "it was just a misunderstanding", and went to busy traveling to Sanya with strange men.

After the tour, Tao Hong made a special appearance on "The Golden Star Show" to clarify this matter.

In the program, she also released the open remarks of "physiological things, which are not called things", which shocked the people who ate melons.

Before this, Xiaogang Feng’s wife, Xu Fan, also said such remarks. Are directors’ wives so open-minded?

In 2015, Xú Zhēng was once again photographed eating in a restaurant with a beautiful woman. They were intimate and then left hand in hand.

In 2016, Xú Zhēng spent a night happily flirting with several super-hot beauties, and it is estimated that he has studied "69 ways to write scripts".

In November 2022, Xú Zhēng was once again exposed to the scandal of "keeping college students outside and having an illegitimate child".

The reporter who broke the news said that Xú Zhēng and Tao Hong had long gone their separate ways, and even if the great director spent more time outside, his wife would be invisible.

No wonder Xú Zhēng played so well. It turned out that Tao Hong already knew it.

However, there is no windtight wall in the world, and Xú Zhēng will pay the price sooner or later if she goes on like this!

Second, Lee is the second knife to destroy him.

Xú Zhēng, a graduate of Shanghai Theatre Academy, was assigned to "Shanghai Theatre Art Center" and his acting skills were well recognized.

In 1998, he won the "Magnolia Drama Award" for his "Color of Stock".

Embarrassed, Xú Zhēng can only continue to struggle.

Later, he took on several plays, but nobody knew him. Xú Zhēng could only play a pig in "Pig Eight Rings in Spring".

Both Xú Zhēng at that time and Xú Zhēng in the future were "ashamed" of this role.

But there was no way. At that time, he could only accept the reality.

However, it was he who played the pig, which made him an instant hit and made him know his wife Tao Hong.

Since then, Xú Zhēng’s life has officially taken off.

Since 2001, Xú Zhēng’s lucky door has been officially opened, and he has performed one drama after another, and he has also become completely popular.

In 2010, watching "A Man on a Embarrassed Road" burst into red, made a lot of money, and Xú Zhēng also transformed in time to become a director.

The release of films such as "Thailand", "Modern Times" and "Hong Kong" and Dying to Survive made Xú Zhēng make a fortune.

If Xu Zheng can keep going in the film circle, perhaps his reputation will not be so smelly.

However, the turnover cycle of funds for making movies is too long, and he can’t wait. He wants to make quick money, so he got on the thief boat in Zhang Ting.

At that time, Zhang Ting was in high spirits. He only needed to eat, travel and talk with employees, and he could earn billions. How could Xú Zhēng not be jealous?

Subsequently, he decisively sent his wife, Tao Hong, to join Zhang Ting’s company and became a shareholder of TST.

In the past, Tao Hong was cold and arrogant, with a mysterious style. However, since she got online with Zhang Ting, her daily life has become more and more LWO, and her reputation has plummeted.

Xu Zheng, on the other hand, sat behind the scenes and watched his wife become a clown, and watched the account balance rise, which made him laugh.

In April, 2022, companies in Zhang Ting and Lin Ruiyang were completely thundered, and then they were fined tens of billions, and Tao Hong was doomed.

Xú Zhēng, who is standing on a line with Tao Hong, seems to be an outsider, but he is the real driving force behind the scenes.

Tao Hong’s reputation is ruined because of this incident, and the whole network is scolding her for cutting common people’s leeks, and she is not worthy of being a star at all.

At this point, Xú Zhēng’s "smart" appeared.

He stood up and said, "My wife is confused and can’t do business at all, so I won’t let her get involved in those things in the future."

Obviously, it is a major event that violates the law, but Xú Zhēng downplays it, which is too fine.

In order to make money, he can let his wife stay with MLM personnel; For the benefit, he can reverse black and white; Therefore, it is natural to be rejected by the audience.

Nowadays, he has changed from a first-line director to an artist that everyone is bored with, and he has paid the price for his "greed".

3. Arrogance is the third knife that destroys him.

Before Xú Zhēng became famous, he kept a low profile.

Even when pursuing Tao Hong, he felt inferior in the whole process.

However, after he became popular, he dated a beautiful woman in the middle of the night and openly joined a pyramid scheme company, which was a sign of "floating".

At the end of July 2017, he even punched a female reporter, causing the other person’s left orbit to bleed and was hospitalized.

At that time, Xú Zhēng got together with a group of friends and had a few drinks after having fun, so it was a bit high.

After coming out of the restaurant, a female reporter happened to find Xú Zhēng’s figure and immediately planned to interview.

During the speech, there was a conflict between them. Xú Zhēng then punched and kicked the female reporter, but the other party didn’t have the strength to fight back at all.

Even more hateful,Xú Zhēng kicked three feet in the face of the female reporter, causing the other person’s orbital bleeding, and then seek medical attention urgently.

Arrogant Xú Zhēng was also taken to the police station, then apologized to the female reporter and paid for the medical expenses, and the matter was dropped.

Although it is wrong for a female reporter to follow him, in any case, a big man should not start work on a woman, which is really disgraceful.

Once people become popular, once they are not short of money, they will be arrogant.

But at any time, please stay awake and don’t shoot yourself in the foot because of your arrogance.

Fourth, breaking industry rules is the fourth knife to destroy him.

During the Spring Festival in 2020, when the epidemic broke out, all movies in cinemas were withdrawn, including Lost in Russia in Xú Zhēng.

In order to avoid losing money, Xú Zhēng contacted an APP urgently and decided to sell Lost in Russia for 630 million yuan, making it an online premiere.

No one has done this before.

Because before a film is released, cinemas all over the country should actively publish posters and make posters, and spare no effort to publicize it in exchange for high box office.

In other words, after a movie, although the cinema will divide the money, before it is released, the cinema will also pay.

However, Xú Zhēng ignored the interests of his peers and sold films without permission, which harmed the interests of his peers all over the country.

At that time,Twenty-three film and television companies jointly appealed to the State Film Bureau.I hope we can control Xú Zhēng, and don’t let him break the rules of the industry and harm the interests of the whole industry.

Even Chen Sicheng can’t stand it. It’s really not authentic to publish a document with the connotation that Xú Zhēng is unkind and even wreck his peers for personal interests.

In this way, Xú Zhēng was blacklisted, and many people made it clear that "Xú Zhēng’s films will no longer be highly rated".

But Xú Zhēng doesn’t care, people still have other ways to circle money.

For example, I co-directed "My Father and I" with Zhang Ziyi, Jason Wu and Shen Teng, which borrowed others’ light and reduced their attention, and the film still sold well.

For example, take the initiative to contract some positive energy movies, and achieve the goal of selling their own movies through gimmicks such as gift films and sportsmanship.

Anyway, no matter how disadvantaged Xú Zhēng is, people can turn Gan Kun around.

5. Being frequently reported, the reputation collapses a little.

In June, 2022, Xú Zhēng Joy Media was also reported by a director that "there is something wrong with the tax", and the two sides launched a war of abuse on the Internet, with smoke everywhere.

However, the struggle between individuals and capital is always weak, and this matter finally goes away.

As for the Happy Media in Xú Zhēng, whether it involves tax issues or not may be known only by themselves and the government.

In October, 2022, Xú Zhēng was reported by his peers: it was shameless to be a guest for a day without writing a word.

Subsequently, the Xú Zhēng side denied the incident, and the name of the screenwriter, photography director and producer was changed in the exposed film. It is clear at a glance whether the incident is true or not.

However, with so many people reporting Xú Zhēng collectively, people are still safe and sound.

However, if you walk too much by the river, how can you not wet your shoes?

In the end, he still fell into the matter of "platform for MLM group", and it is no longer difficult to recover his reputation.

Knowing that Zhang Ting’s company is not formal, Xú Zhēng and Tao Hong boldly joined in, and used their fame and works to promote the brand many times, which is really unconscionable.

The combination of piles led to the complete collapse of Xú Zhēng’s reputation, and now it has reached the point where everyone hates it.

Yao Ming is a first-line director, and there are so many excellent works, but he just doesn’t care about feathers, and his eyes are covered by the word "Li". If Xú Zhēng doesn’t collapse, who will collapse?

Nowadays, Xú Zhēng has been spurned by fans, reviled by netizens and resisted by peers, and finally paid the price for his lust, lust, selfishness and insatiable greed.

This time,His participation in Travel Notes of Youth is only the beginning, and the worse is yet to come.Xú Zhēng, who lost the popularity of the audience, will never be able to turn over again.

——END——

Editor in charge:

B9 design is very bold, and the overall appearance structure continues the moderate and round design of B8, but the design style has made great innovation. The front light group and the grille are integrated, which broadens the visual width horizontally and is surrounded by brand-new sports, which is more pleasing to the aesthetics of young consumers.

B9 Magotan’s side lines have softened, and the waistline is still the position of the door handle, and the ratio is good. In terms of body size, the length, width and height of B9 Magotan are 4990mm, 1854mm and 1487mm respectively, and the wheelbase is 2871mm, compared with B8 Magotan.

The length of 4866mm is much longer, which is worthy of L positioning, but the "L" logo was not added to the trailer this time.

In terms of power, the version declared this time is equipped with a 2.0T engine with DTJ model produced by Volkswagen FAW Engine (Dalian) Co., Ltd., with a maximum power of 162kW. The new generation of Magotan B9 can be said to be the return of the king.

The new generation of Magotan B9 can be said to be the return of the king.

In terms of appearance and interior, the new Magotan will use Volkswagen’s all-new generation design style and replace it with Volkswagen’s fourth-generation EA888 turbocharged engine. The front face of the new Magotan is modified very much. The daytime running lights of the large net run through the whole front of the car, which is very fashionable and exquisite, and the bumper has also been completely designed. Together with sharper headlights, the overall strength is stronger. Compared with the current models, the waistline is more exquisite and powerful. As for the shape of the tail, it is similar to some new energy vehicles of Volkswagen.

The taillights are designed with through blackening, which makes them look more recognizable and amazing. As for the interior of the new Magotan, you can refer to it. It is almost the same. If it is withdrawn, the gear shifting mechanism of the integrated LCD screen is still an electronic gear lever, and the steering wheel is also newly designed. Compared with the current models, it is indeed more scientific and technological, not as old-fashioned as the old ones. The key point is that the new generation of Magotan powertrain will be equipped with a 1.5TEVO turbocharged engine.

1.4 has been cancelled, and the engine area of the fourth generation EA888 is still equipped with 7-speed dual clutch and dry dual clutch speed change, which is the new Magotan.

1. In terms of size, the BJ60 is a mid-to-large SUV with full luxury attributes, perhaps both five and seven seats

With a range of more than 2,000 kilometers, the BJ60 may be one of the best off-road SUVs currently on the market

3. The BJ60 may have multiple power versions, and the new energy version is very likely to use extended-range power

4. If the BJ60 can accelerate 100 kilometers in less than 6 seconds, then the BJ60 may be one of the most outstanding medium and large SUV products in terms of power performance, and its acceleration effect even exceeds that of many large-displacement competitors.

[Autohome Zhenjiang Promotion Channel] specially reports that a generous car purchase promotion is currently underway in the Zhenjiang area. Buyers can enjoy a cash discount of up to 219,600 yuan, bringing the minimum starting price of this luxury sedan to 219,900 yuan. This is an opportunity not to be missed. If you want to experience the charm of Jaguar XFL and strive for higher discounts, please be sure to click "Chatty Car Price" in the quotation form, act now and seize the limited-time offer!

As a luxury sedan, the exterior design of the Jaguar XFL shows the perfect combination of elegance and power. The front face design features Jaguar’s classic double kidney air intake grille, which is combined with streamlined body lines to give the vehicle a dynamic sense of movement. The smooth lines on the side of the body show Jaguar’s attention to detail and precise grasp of aerodynamics. Overall, the XFL adheres to Jaguar’s usual British design aesthetic, elegant without losing power, highlighting the perfect combination of luxury and modernity.

With its elegant body design and exquisite side lines, the Jaguar XFL shows an extraordinary aura. The body size is 5102mm*1890mm*1456mm, and the wheelbase reaches 3100mm, providing passengers with a spacious and comfortable interior space. The reasonable layout of the front wheelbase of 1605mm and the rear wheelbase of 1609mm ensures the stability and handling of the vehicle. The tire specification adopts 255/35 R20, whether it is visual effect or actual performance, it shows that Jaguar pays attention to detail and pursues the pursuit of detail, while the wheel rim style continues the elegance and dynamic of Jaguar.

The interior design of the Jaguar XFL is luxurious and refined, and its spacious cabin interior is made of high-end leather materials to create a warm and comfortable touch. The steering wheel is wrapped in leather, which not only provides an excellent grip, but also supports electric up and down + front and rear adjustment, ensuring that the driver can always maintain the best operating angle. The 11.4-inch central control screen is not only large in size, but also equipped with an advanced automatic speech recognition control system, which can easily control multimedia, navigation and phone functions, enhancing the convenience of the driver.

In terms of seats, the Jaguar XFL provides passengers with the ultimate comfort experience. The main and passenger seats support front and rear adjustment, backrest adjustment and 4-way waist support, and even leg rest adjustment function to meet the needs of different drivers. The front seats are also equipped with heating, ventilation and massage functions, as well as power seat memory function to ensure passengers can stay comfortable on long-distance drives. The second row of seats also pays attention to detail, with waist adjustment, reflecting all-round care for passengers.

The Jaguar XFL is equipped with a powerful 2.0T engine that can output a maximum power of 300 horsepower, giving the driver a surging power. The maximum torque of this engine reaches 400 N · m, and the 8-speed automatic transmission ensures a smooth and efficient driving experience.

Summarizing the views of the owner of Autohome, the Jaguar XFL has won his favor with its eye-catching appearance and excellent price/performance ratio. He stressed that this model is not only unique in design, but also shows exclusive luxury beyond the same class of vehicles in configuration. For those who pursue individuality and practicality, the Jaguar XFL is undoubtedly a good choice worth considering. As the owner said: "The configuration can meet almost all needs, the price is quite close to the people, and I really feel that it is a value for money."

1905 movie network news On June 26, the new series released a "life-and-death pursuit" preview, and an unpredictable and deadly mission has begun, and Tom and his IMF team are once again in danger of life and death. In the preview, Tom and the newly joined team staged an extremely fast race on the streets of Rome, fighting for a chance of survival in a critical situation! The violent killers who are pressing step by step, the many plans of the mysterious villains… Numerous dangers gradually revealed, how will this unpredictable mission journey in the future eventually develop? Can Tom and the IMF team escape the "fatal reckoning" smoothly?

　

Tom’s extreme speed car is full of excitement, and the thrilling speed makes the adrenaline rush

In the preview of "Chasing for Life", in the face of the front and rear attacks of the police and the killer, Ethan, played by Tom, and the new character Grace (Hayley Atwell, played) start the extreme drag racing mode on the streets of Rome. Seeing that the police car behind him is about to catch up, Ethan says: "We are going to throw this car away", so he takes out his mobile phone and tries to find the "safety vehicle" arranged in advance. As his fingers move, a cute "little yellow car" appears in front of the two, and the sharp contrast in the thrilling moment detonates the joke. In addition, the mysterious words "Ethan, the whole world is chasing you" are secretly heard, accompanied by the female killer (played) who has already been waiting in the alley. Seeing Tom running over, the female killer suddenly attacked, agile and ruthless as never before. At the same time, the words of the "old boss" IMF Director Kitteridge (played) who returned again, "Your so-called days of fighting for the big picture are over" rang in Ethan’s ears. Forced to choose the "second plan", he had to put aside his concerns and drive his motorcycle to jump off the cliff, and the thrilling moment will explode! Unknown conspiracies are sweeping in, and the shocking real-life scene is bound to bring a completely immersive movie viewing experience. The subtle reversal plot makes the global audience look forward to this deadly mission even more!

　

The "most authentic" fighting drama is staged in real life, and all staff are full of skills and hand-to-hand combat

As the latest masterpiece of the classic Mission Impossible series, Mission Impossible 7: Deadly Reckoning (Part 1) insists on "real action scenes" throughout! Whether it is the intense desert gunfight in the trailer, hand-to-hand combat, street racing or the most thrilling 4,000-foot cliff racing and other plots, its realistic and shocking picture effect is breathtaking. In order to create such a realistic and impactful picture effect, the film crew traveled to many countries for on-the-spot shooting. From Abu Dhabi in the United Arab Emirates to Italy, Norway and other countries in Europe, Atango and the IMF team fought fiercely in the sands, the streets of Rome, and the lanes of Venice in order to complete the task. In addition, the previously released live footage of Atango driving a motorcycle down a cliff is heart-shaking! In order to show 100% of the tension of this shot, the crew had specially built a motorcycle track in the UK in the early stage for Atango to repeatedly practice the motorcycle take-off, and record the trajectory and speed of each movement, so as to ensure that the real shot is foolproof. Then in the field shooting stage, he went to Norway to spend a few months to build a special ramp. Such an excellent shooting spirit makes the film have an unparalleled shocking effect!

　　[car home Information] A few days ago, we photographed the real car of Geely Xingyue L model at the dealer. The new car was officially unveiled in mid-April and is expected to be officially launched in the third quarter of 2021.

　　Although it is called "(|)", the new car is obviously different from the Xingyue model in appearance. It is a standard SUV with the latest design language, and it looks very burly as a whole.

　　　Specifically, the new car uses a polygonal front grille and a straight waterfall-type middle net, which brings a certain three-dimensional effect. The headlights on both sides are well-shaped, and they look calm and atmospheric when matched with the front air intake grille.

　　　On the side of the car body, the new car adopts a through waistline design, with fenders slightly protruding from the front and rear to create a wide-body effect. In terms of body size, the length, width and height of the new car are 4770/1895/1689mm and the wheelbase is 2845 mm. It is officially positioned as a compact SUV.

　　　In the rear part, the new car uses the popular through taillight design, and the internal light group adopts a three-dimensional array arrangement, which is highly recognizable after lighting. In addition, the new car also uses a hidden exhaust system to make the tail of the new car feel stronger.

　　　The most striking thing about the interior of the new car is the penetrating multimedia touch screen of the center console, which extends from the central control area to the front of the co-pilot and can display many driving information and multimedia entertainment functions. In addition, the new car is also equipped with a full LCD screen and a yacht-type electronic shift lever.

　　In terms of power, the new car will be equipped with a 2.0T turbocharged engine of Volvo Drive-E series, and two power versions will be available. The maximum power is 218 HP and 238 HP respectively, and the transmission is matched with a 7-speed wet DCT gearbox (2.0TD-T4 Evo) and an 8AT gearbox (2.0TD-T5) from Aisin. (Text/car home Ma Aijun)