Snowstorms are ruthless, people are affectionate, and we walk together in the snow.

     


    Wen Jiabao cordially visited the waiting passengers: Is the ticket good to buy? Did you get paid?







    On the afternoon of January 25th, Wen Jiabao inspected the road transportation and emergency preparedness, visited the frontline traffic cadres and workers and shook hands with them.



    The Spring Festival is coming, and Spring Festival travel rush is at its peak. Not long ago, a large-scale rain and snow weather brought certain difficulties to Spring Festival travel rush. Can the people’s new year’s goods be guaranteed? Is it good to buy a ticket home? Is the journey safe and smooth? Premier Wen Jiabao is very concerned about this. On the afternoon of January 25th, Premier Wen visited Zhuozhou Service Area of Beijing-Shijiazhuang Expressway and Beijing West Railway Station, and made arrangements for doing a good job in Spring Festival travel rush and ensuring safety and smoothness. < < < < detailed    


     


    Nandu appeals to postpone the Spring Festival holiday and stop Spring Festival travel rush’s response to the snowstorm. Is it feasible?







 On January 27th, armed police soldiers maintained order at the entrance of Hefei Railway Station. Xinhua News Agency reporter Li Jian photo



    This is the biggest disaster since the founding of New China in 1949, and it is also a great test. The government must act decisively. We suggest that the government start the following scheme as soon as possible:


    First, we suggest that the government stop Spring Festival travel rush and postpone this year’s Spring Festival holiday to the Lantern Festival to stagger the snowstorm. At the same time, the stranded population will be evacuated to other places by using accessible short-distance transportation. Avoid further "man-made disasters" caused by a large number of people stranded in one place. < < < < detailed



Why is it okay to snow in the north but not in the south?








On January 27th, a passenger braved the heavy snow and waited at Hefei Railway Station.


    I really don’t understand: there is heavy snow in the north of China every year, and I have never seen a large number of trains late, a large shortage of power supply and extremely tight resources; However, it snowed in the south for a few days this year, and as a result, power was cut off everywhere, grain and oil were tight, and traffic was stagnant. Why does it snow heavily every year in the north, and nothing happens, while it snows in the south? < < < < detailed     


     
Spring Festival travel rush’s paralysis exposed China’s fragile ability to cope with the crisis. How to deal with it? 







    On January 27th, a passenger with a baby in his arms stood in the Hefei Railway Station in the heavy snow. Xinhua News Agency reporter Li Jian photo


    Most parts of China suffered from the once-in-50-year severe rain and snow weather. Many trunk lines such as Beijing-Guangzhou were cut off, and trains could not run, resulting in a large number of delays on the Beijing-Guangzhou line, and the north-south artery was once paralyzed. At Guangzhou Railway Station, the transportation hub at the southern end of the Beijing-Guangzhou line, more than 150,000 passengers were stranded on the 27th, and hundreds of thousands of people were frozen along the rain and snow returning home. The paralysis crisis in Spring Festival travel rush, of course, was caused by bad weather, but it also exposed the problems of the rapid development of China’s economy and society, such as the lag of transportation and other infrastructure, and the fragile ability to cope with the crisis.


    What do you think should be done to solve the problems caused by the annual Spring Festival travel rush spring tide? < < < < detailed      

Editor: Chen Xixia

ETF selection | Does the "white list" of real estate projects land before the end of the month? Real estate and banks usher in multi-layer benefits.

On January 26, 2024, the market fluctuated and differentiated all day. At the close, the Shanghai Composite Index rose 0.14%, the Shenzhen Component Index fell 1.06% and the Growth Enterprise Market Index fell 2.23%. Northbound funds bought 1.51 billion net all day.

In terms of sectors, PEEK materials, Hainan, real estate and Shanghai state-owned assets were among the top gainers, while CRO, semiconductors, MR and BC batteries were among the top losers.

In ETF, S&P ETF(159655.SZ), real estate ETF Huaxia (515060.SH) and real estate ETF(512200.SH) led the gains. In addition, banks, games, and delivery ETFs were also boosted by relevant news, with the highest gains.

[Financial support for real estate, favorable policies resonate]

In the news, the relevant person in charge of the State Financial Supervision Bureau said that it will continue to provide personal housing loan financial services. We will support local city governments and housing construction departments to further optimize individual housing loan policies such as down payment ratio and loan interest rate, and guide and urge banks to better serve the financing needs of the broad masses of people for rigid and improved housing.

In addition, the Ministry of Housing and Urban-Rural Development issued a voice on January 26, 2024, fully giving urban real estate control autonomy, and cities can adjust their real estate policies according to local conditions. In view of the current financing problems of some real estate projects, all localities should focus on projects, study and put forward a list of real estate projects that can be given financing support, coordinate the issuance of loans by financial institutions within their respective administrative regions, and accurately and effectively support reasonable financing needs. It is understood that before the end of this month, the first batch of projects can win loans after landing.

Huatai Securities believes that the press conference makes it clear that the financial industry is duty-bound to support real estate vigorously, and optimize policies such as down payment ratio and loan interest rate due to the city’s policy. At present, the mortgage interest rate has gone through several rounds of LPR adjustment, and the lower limit of the point has been gradually relaxed until a dynamic breakthrough. Many places have lowered or cancelled the lower limit of the interest rate due to the city’s policy. RealData shows that the national first home interest rate has dropped to 3.84% in January 2004, down 1.59pct from the high point in October 2001. In September 2003, the stock mortgage interest rate was lowered to further reduce the burden on residents. Many cities have implemented the policy of "recognizing houses but not loans" and optimized the criteria for recognizing the first suite, and the policy adjustment has gradually spread from low-energy cities to high-energy cities. There is still room for the relaxation of the future purchase restriction policy in first-tier cities.

Related ETFs: real estate ETF Huaxia (515060.SH), real estate ETF(512200.SH), real estate ETF(159768.SZ), real estate ETF(159707.SZ), financial real estate ETF(510650.SH) and financial real estate ETF(159940.SZ).

[Cancel the restrictions on the proportion of foreign investment, and banks will welcome benefits again]

In the news, on January 25, 2024, the relevant person in charge of the General Administration of Financial Supervision said that more than 50 opening-up measures have been introduced recently. First, the restriction on the proportion of foreign shares will be abolished. Now, foreign capital can hold 100% of the shares of bank insurance institutions and achieve complete control. Second, the negative list of foreign investment access, and the relevant restrictive measures on the financial industry have been completely cleaned up. For example, the business scope of foreign banks and insurance institutions is completely consistent with that of Chinese capital, realizing national treatment.

Huatai Securities believes that the press conference of the State Council Office made a heavy noise, and the policies at both ends of real estate supply and demand were once again overweight, emphasizing the resolution of risks of small and medium-sized banks and relaxing the proportion of foreign ownership. The combination of the central bank’s policy of lowering the RRR at the beginning of the year will help improve the liquidity environment and accumulate momentum for economic recovery. The policy is expected to be good+the valuation position is double low, and we should seize the opportunity of bank allocation. At present, the valuation of PB(lf) in the banking sector is 0.54 times, which is 3.66% quantile since 2010, which is at a low level. Bank positions of 23Q4 decreased by 0.6pct from the previous month to 1.91%, a record low.

Related ETFs: Bank ETF Huaxia (515020.SH), Bank Leading ETF(515280.SH), China Securities Bank ETF(512730.SH), Bank ETF(512800.SH), Banking ETF(512820.SH) and Bank ETF(159887.SZ).

[Spring Festival travel rush opens on the first day, and the travel industry chain is expected to benefit]

In the news, today (January 26th) is the first day of Spring Festival travel rush in 2024. Railway 12306 began to sell train tickets for February 9, that is, the 30 th day of the twelfth lunar month. It is estimated that during the period of Spring Festival travel rush this year, the cross-regional personnel flow will reach 9 billion. According to the booking data of 12306, on the first day of Spring Festival travel rush, the national railway is expected to send 10.6 million passengers.

Yongxing Securities believes that the traditional holidays are coming and the travel industry chain is expected to benefit as a whole. Near the 8-day holiday of the Spring Festival, the travel heat of the Ma Honeycomb Platform during the Spring Festival rose by 350%, showing an upward trend. The reunion festival has become the choice of most tourists to promote family travel, and the family parent-child group accounts for 42% of the Spring Festival travellers. Ctrip shows that orders for domestic travel, outbound travel and inbound travel have all increased substantially. Considering that during the traditional holidays, the flow of visiting relatives and tourists will overlap, the demand for domestic and outbound travel will increase, and the travel industry chain is expected to benefit as a whole.

Related ETFs: Travel ETF(159766.SZ), Travel ETF(562510.SH), Delivery ETF(561320.SH), Transportation ETF(159683.SZ), Transportation ETF(159666.SZ) and Delivery ETF(159662.SZ).

[115 games approved! The game plate oscillated and rebounded]

On January 26th, 2024, relevant departments released the approval information of domestic online games in January, and a total of 115 games were approved. Since the edition number was resumed in 2022, the number of edition numbers in a single month has exceeded 100 for two consecutive months, and the overall edition number has remained stable.

Citic Securities believes that in the medium and long term, there are still opportunities for the development of China’s game industry, especially related companies that focus on quality content and development in the sea. At the same time, the game industry is an industry that pays attention to innovation. Through technological innovations such as AI and VR, as well as business model innovations in gameplay and categories, game companies are still expected to continue to create increments.

Related ETFs: game animation ETF(516770.SH), game ETF(516010.SH), game ETF(159869.SZ) and game media ETF(517770.SH).

[Winter Olympics "cold" knowledge] How difficult is freestyle skiing? From 1260 degrees to 1440 degrees, women athletes all over the world have walked for nearly 9 years.

  CCTV News:We have a strong feeling in watching the freestyle ski jumping competition, which is the visual impact and aesthetic feeling. But at the same time, we also see that many athletes, including world-class top players, will make mistakes and fall. Indeed, freestyle skiing has high intensity and higher risk factor. How difficult is this project?

  Big platform and aerial skills, snow skills, U-shaped field and slope obstacle skills all belong to freestyle skiing. Among them, the big platform is the most difficult. Athletes need to slide down the slope and rush to the platform, but also perform aerial stunts such as somersault and gyration at the end of the platform by inertia, which is extremely risky.

  At present, in the world’s first-line platform competition, the degree of female athletes’ aerial rotation basically starts from 720 degrees, and then reaches 900 degrees, 1080 degrees, 1260 degrees and 1440 degrees, a total of five dimensions. Players in the first three dimensions can basically do it, but from 1260 degrees to 1440 degrees, women players all over the world have walked for nearly 9 years.

  In October, 2012, Lisa zimmermann, a 16-year-old German talented girl, completed the first two-week off-axis twist of a female snowboarder in the history of snowboarding, officially opening the era of two cores and three and a half weeks for women’s snowboarding.

  In November, 2020, mathilde Gremaud, a Swiss player, completed a two-week off-axis twist of 1440 degrees and broke the history at the same time.

  In December, 2021, Gu Ailing made another 1440-degree off-axis twist with two straight slides, making history again. It took nearly nine years to make this step.

  Why is the big platform jump so difficult? In fact, not only the big platform, but also the whole freestyle skiing event is not easy. Freestyle skiing is a high-risk and high-intensity competition with very high technical content. Take-off, aerial action, landing and taxiing, the three processes are interlocking, pulling one hair and moving the whole body. The turning action in the air can be divided into vertical and horizontal axes of the human body and turning around the longitudinal axis. While completing the difficult movements, it must also be highly ornamental, while ensuring a smooth and safe landing.

  The timing of the athlete’s take-off, the degree of take-off, the angle of the moment of take-off, the muscle strength of the leg and the muscle strength of the waist, etc., all have great influence on landing, and there are too many uncertain factors. It can be said that freestyle skiing can’t make mistakes from the beginning. It can be seen that freestyle skiing is not just a wonderful flying jump, but there are countless invisible efforts behind it. Freestyle skiing is not so difficult as human’s awe of the Olympic competitive spirit and the courage to break through and surpass themselves. Always young, always enthusiastic, always love sports.

Sports Review: Take off! Snowboarding in China opens a new era.

  Xinhua News Agency, Beijing, February 7th (Reporter Shen Nan, Lu Xingji, Zheng Zhi) At noon on the 7th, 17-year-old China skater Su Yiming made history and won the first Winter Olympics medal for men’s snowboarding in China. Wearing the national flag, standing side by side with two Canadian masters, "Xiaoming" declared that China men’s single board was officially among the top fashion in the world.

  On February 7th, Max parrot of Canada (middle) who won the championship, Su Yiming of China (left) who won the second place and Mark Lee Mcmorris of Canada who won the third place presented souvenirs. Xinhua News Agency reporter Yang Shizhen photo

  This is the fruit of China folk veneer for 20 years. At the beginning of the 21st century, this trendy sport, which started in North America, began to have the first group of folk fans in China. Most of them used to be double-board professional athletes or snow friends. They began to grope for learning, playing, building venues, holding competitions and training by relying on foreign video materials that helped each other and were not rich in resources. At the beginning of this circle, it was not big. Almost everyone knew Xiaoming and watched Xiaoming grow up.

  Su Yiming’s hometown, Jilin City, Jilin Province, is blessed with ice and snow resources. Xiaoming, born in 2004, has been brought to the snow by his parents since he was two or three years old, and has cultivated an excellent sense of snow. Although it didn’t take long for "Brother Ming" to become the "ceiling" in China, he went abroad for training, communication and finding famous teachers, it is undeniable that the rise of folk veneer in China was the soil for Su Yiming’s birth.

  This is the fruit of the intersection of personal dreams and national dreams. When Beijing won the bid for the Winter Olympics in the summer of 2015, Xiaoming, who was only 11 years old, set his own goal &mdash; &mdash; After six and a half years of hard training, I stood on the stage of the Winter Olympics on behalf of China. He clearly knows that this is the best time for him, and it may be a once-in-a-lifetime opportunity to represent the country at home to win the highest honor.

  On February 7th, China’s Su Yiming was in the competition. Xinhua News Agency reporter Xu Changshe

  This is a valuable youth ambition and courage &mdash; &mdash; Give up acting career, but also face the risk and pain of challenging the limit. When the national cross-border cross-country training team called, he joined without hesitation. The team also gave the boy a relaxed environment and strong guarantee after fully understanding him, which opened up a training mode different from the traditional training system for him. This allows him to devote himself to the preparations and the points competition of the Winter Olympics according to his own rhythm and ideas.

  This way is also more conducive to him to maintain his unique sports style and temperament, a kind of freedom and freedom as the "soul" of veneer. This also makes it easier for him to be accepted and recognized by the international veneer circle. In fact, after years of training abroad, the growth track similar to that of international players and fluent English, Su Yiming can be well integrated into the international circle.

  This will be the beginning of a new era of snowboarding in China. In recent years, snowboarding has been "blowout" among the people, and the proportion of snowboarders in major ski resorts has soared. Among the emerging skiers in the south, snowboarding accounts for an overwhelming proportion. Especially among children, veneer is because of one word &mdash; &mdash; "Cool" is popular. I believe among these children, there will be future champions.

  Su Yiming’s blockbuster today is an exclamation point and a comma. His soaring will plant dreams and ignite hope in the hearts of more single-board "dolls" and teenagers.

Xiangshui Qingbo Finance Lianyun PICC P&C Insurance Hunan Branch: Cultivating Clean Culture and Creating Financial Ecology "Green Water and Green Mountain"

The Central Financial Work Conference held in October 2023 emphasized that finance is the blood of the national economy and an important part of the country’s core competitiveness. As a stabilizer and promoter for the healthy development of the financial industry, the construction of clean financial culture needs financial workers to shoulder their sacred mission, maintain the long-term purity and stability of the financial team, and provide an important guarantee for the safe and steady operation of the national finance and effectively serve the real economy.
In the past three years, PICC P&C Hunan Branch has incorporated the construction of incorruptible financial culture into party building, corporate governance and corporate culture, compacted the responsibility of party committees at all levels in the province to manage the party and the supervision responsibility of the discipline inspection commission, incorporated the construction of incorruptible financial culture into the overall planning of party style and clean government construction and anti-corruption work layout, and devoted itself to cultivating incorruptible culture and creating a "green mountain" of corporate financial ecology.
Adhere to the guidance of party building and promote ideological and political work to take root and cast souls.
PICC P&C Hunan Branch always adheres to the guidance of Party building, embodies the Party’s centralized and unified leadership over financial work in the specific work of building a clean financial culture, constantly strengthens the Party’s leadership, highlights the political function of the Party organization, takes Party building as the "root" and ideological and political work as the "soul" for building a clean financial culture.
First, strengthen the awareness of "one post and two responsibilities" among members of party committees at all levels, and organize party committee secretaries, discipline inspection commission secretaries and team members to sign the Supervision Letter on Performing Political Responsibility respectively, so as to clarify the specific measures and implementation requirements of political responsibility.
The second is to strengthen the party’s innovative theory, attach importance to ideological and political education, and regularly organize the theoretical study center group study of party committees at all levels, the "three sessions and one lesson" study of party branches, and the party branch secretary to teach the special party class on clean government. Pay attention to strengthening ideological and political education, convey the concept of strictly administering the party in an all-round way, and strengthen the leadership of the party in the whole province.
Strengthen organizational leadership and promote the implementation of the security system.
In order to ensure the real implementation and implementation of the construction of clean financial culture in the practical work of provincial branches, there must be three guarantees, namely, strong organizational leadership and personnel team, scientific institutional mechanism and strict system implementation. The three guarantees complement each other and rely on each other, and are always implemented in the construction of clean financial culture to ensure the stability and far-reaching operation of clean financial culture and the company.
First, strengthen organizational leadership. Provincial and municipal institutions set up leading groups for the construction of clean and honest financial culture, with the party secretary as the leader and the secretary of the discipline inspection commission as the deputy leader, set up supervision committees and risk compliance committees, and set up offices to undertake daily work, with specialized agencies to study and promote and effectively ensure the orderly development of clean and honest financial culture construction. The Party Committee, the Commission for Discipline Inspection and relevant functional departments hold regular joint meetings to listen to the work of political and ecological governance, find out the problems existing in the comprehensive and strict management of the party, study and deploy the work of building a clean and honest government, promote the rectification of problems, and promote big governance with small incisions.
The second is to strengthen the construction of discipline inspection and supervision team, optimize and adjust the division of labor of discipline inspection secretaries of local and municipal branches, increase the number of discipline inspection and supervision cadres, strengthen the training of discipline inspection team, and promote the improvement of supervision ability.
The third is to establish and improve a scientific and reasonable system and mechanism of clean government. We have successively issued a series of system documents and work plans in the aspects of supervising four winds’s eight regulations, key minority supervision, and "three majors and one big" supervision, and established a joint meeting mechanism of supervision committees to integrate supervision resources, form a joint force of supervision, and give full play to the functional supervision role of various functional departments.
Carry out investigation and management, and continue to promote discipline and discipline.
Do a good job in the investigation and prevention of integrity risks in financial institutions, and pay attention to key positions, key areas and key links. We should regularly collect information such as the performance of cadres and employees’ duties and the implementation of the system. On the one hand, we can understand the breeding environment of corruption and optimize the identification method of personal and post risks; On the other hand, it can identify potential risks in time, analyze various risk manifestations, warn and resolve risks, and make up for management loopholes.
The first is to integrate honesty into compliance management and establish and improve the supervision and inspection mechanism. Organize the clean-up of existing employee management and related processes, and conduct many investigations on abnormal behaviors of employees for outstanding problems of internal control and compliance and potential risks of integrity, so as to plug loopholes in the management system. In view of the illegal issues found in the risk investigation of employee behavior management, such as illegal shareholding and engaging in social business activities that are of interest to their jobs, they have been promptly accountable and rectified.
The second is to carry out special rectification and continue to be disciplined. We will carry out special rectification work to correct the unhealthy trend and discipline, and comprehensively investigate and centrally rectify the new and old problems of leading cadres at all levels in five aspects: violation of political discipline and rules, violation of organizational and personnel discipline, violation of business-run enterprises, violation of financial discipline (including violation of the spirit of the eight central regulations), and bad work style. Comprehensively strengthen the party’s discipline construction, strictly implement the "Regulations on the Approval Authority and Procedures of the Communist Party of China (CPC) Municipality for Disciplinary Actions against Discipline in party member", resolutely investigate and deal with violations of party discipline together, and report by name, so as to promote the political and organizational functions of party organizations through discipline construction.
Insist on diversified promotion and create a strong atmosphere of clean finance
The construction of clean financial culture is an important measure to establish and improve the punishment system and prevent financial corruption, and it is also an effective way to optimize the financial environment. To build a clean financial culture, we need to further strengthen systematic thinking, adhere to diversified promotion, and continue to exert our strength for a long time.
The first is to strengthen the warning activities of clean government education. Focus on the publicity and education of the party’s work style and clean government in various forms, such as collecting and broadcasting clean financial and cultural works, establishing clean government publications, organizing cadres and employees to participate in online clean government knowledge tests, collectively watching warning education films, inviting party school teachers to teach clean government classes, and organizing visits to clean government education bases. Disciplinary committees at all levels in the province cooperated with the Claims Department to strengthen the integrity construction in the field of claims, and jointly hired personnel from the Judicial Bureau, the Economic Investigation and Criminal Investigation Bureau, the traffic police and the appraisal agency as the supervisors of the company’s claims integrity style. Strengthen the warning by case, inform and forward judicial cases and typical cases of violation of discipline, deepen the promotion of reform by case, and clarify the discipline by case, so as to achieve the effect of investigating a case, warning one side and standardizing one side.
The second is to conduct a clean government talk in a normal way. Strengthen daily supervision and conversation reminders, and members of the party Committee team will conduct pre-appointment talks on clean government to new managers one by one, and conduct daily talks on clean government with members of lower-level teams from time to time; The top leaders at the same level took the initiative to talk with other members of the team, reminding each other and urging each other.
The third is to improve the archives of leading cadres’ integrity, comprehensively collect the basic information of leading cadres, their integrity performance, performance behavior, letters and visits, accountability results and other contents, use the archives of integrity to analyze the situation of cadres’ integrity, draw political portraits of cadres, and provide important reference for selecting and appointing leading cadres, investigating hidden risks of integrity, and judging political ecology.
Fourth, carry out the construction of clean financial demonstration sites, extensively establish clean financial culture demonstration sites at the grass-roots level in the whole province, cultivate and guide them to carry out rich clean financial culture construction activities, and make clean financial culture go deep into the minds of grassroots cadres and employees. Among them, the construction of two demonstration sites in Chenzhou and Xiangtan has achieved fruitful results and was awarded by the provincial insurance industry association and the clean financial special Committee.
The fifth is to enrich the publicity activities of clean and honest culture. With the goal of creating a strong atmosphere, the provincial branch has carried out rich, diverse, pragmatic and efficient learning and publicity, such as making short videos and posters on incorruptible culture, conducting online answering activities on incorruptible culture, sending a letter to family members of leading cadres, and holding a photo exhibition on incorruptible financial culture calligraphy and painting.
In the next stage, PICC P&C Hunan Branch will insist on the construction of clean financial culture as an effective way to enrich political culture and conserve political ecology, and continue to strengthen the company’s ideological and political education, so as to help the high-quality development of Hunan’s financial industry with the financial ecology of PICC P&C Hunan Branch. (Wen Wei)
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The big article on digital finance is coming, and experts focus on it!

The planner’s notes

The Central Financial Work Conference held at the end of October, 2023 emphasized that five major articles, namely, technology and finance, Green Finance, inclusive finance, Pension Finance and Digital Finance, should be done well.Vigorously developing digital finance is the implementation of financial servicesEffective technical means to improve the economy, serve the people and improve the quality of financial services are the starting point and the foothold of digital transformation of banks.In this issue of Theoretical Research, Professor Wang Yong from Zhengzhou Training College of People’s Bank of China and Director Yang Tao from Industrial Finance Research Base of China Academy of Social Sciences wrote articles, focusing on digital finance and planning how to focus on digital finance in the new year.

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How to make a good article on digital finance?

People’s Bank of China Zhengzhou TrainingProfessor Wang Yong of the College:
First, focus on strengthening data security and privacy protection.protect. With the accelerated development of digital finance, data security and privacy protection have become key topics. For important data, use strong encryption algorithm to encrypt it, so as to ensure that only authorized personnel can read and process the data. At the same time, it is necessary to adopt anti-leakage technology and add multiple security layers in the process of data transmission and storage to avoid data loss.
Secondly, efforts should be made to strengthen the inclusiveness and inclusiveness of digital financial services.nature. Digital finance can create three application values: capillary, long tail and precision, and these three application values are fully reflected in the financial services of inclusive groups. To this end, the State Council’s Implementation Opinions on Promoting High-quality Development in inclusive finance (Guo Fa [2023] No.15) requires strengthening science and technology to empower inclusive finance, supporting financial institutions to deepen the use of Internet, big data, artificial intelligence, blockchain and other scientific and technological means, optimizing inclusive finance’s service model, improving credit approval and risk management models, and improving the availability and quality of financial services such as small and micro enterprises, individual industrial and commercial households and agricultural subjects.
Thirdly, efforts should be made to strengthen multi-party cooperation in the application of financial big models.. The joint creation and ecological co-construction of financial institutions and technology companies is undoubtedly the most effective way to accelerate the application of big models in the financial industry. As the frontier field of digital and intelligent application, the financial industry is rich in data resources and has a wide range of practical scenarios, which has the prospect of deep integration with large models. Technology companies also need to improve their large-scale model capabilities and explore commercialization paths through the tempering of business scenarios. The cooperation between the two parties has great prospects.
Finally, efforts should be made to strengthen the ethical governance and construction of financial science and technology.. The so-called scientific and technological ethics refers to the values and codes of conduct that need to be followed in carrying out scientific research, technological development and other scientific and technological activities. To promote financial science and technology to be good, it is urgent to strengthen the ethical governance of financial science and technology, improve the regulatory rules of financial science and technology ethics, strengthen the role of ethical review of financial science and technology, effectively prevent and control the ethical risks of scientific and technological activities in the financial field, and realize the benign interaction between innovative high-quality development and high-level security of financial science and technology.

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Doing a good job in digital finance requires theoretical and practical innovation.

Director Yang Tao of Industrial Finance Research Base of China Academy of Social Sciences:
The Central Financial Work Conference held at the end of October, 2023 put forward the strategic goal of building a financial power and the need to do five major articles: technology and finance, green finance, inclusive finance, pension finance and digital finance. Among them, digital finance, as an important main line that directly affects the core competitiveness of the financial industry and helps the financial "big country" to turn into a "strong country", has attracted great attention from all parties. Under this background, China Digital Finance Innovation and Development Report (2023), edited by Professor Ouyang Rihui of Central University of Finance and Economics, was officially published, which just echoed the urgent demand of financial reform for think tank research under the new situation and has high theoretical, policy and practical significance.
In fact, under the influence of digitalization and new technology, financial theory has produced many changes in research assumptions, research methods and theoretical logic, which will have a far-reaching impact on financial practice. For example, in the field of macro-finance, the emergence and application of big data and artificial intelligence contribute to better financial statistical analysis. In recent years, central banks of various countries have made efforts to use new technologies to serve economic and financial operations, monetary policy operations, financial risk identification and other work. For another example, from the micro level, the research paradigm of behavioral finance often starts with financial anomalies and explores the laws behind the formation of financial anomalies. With the support of big data and cutting-edge technology, behavioral finance research has also obtained a broader experimental foundation guarantee. Many existing quantitative investment models are based on the thinking and paradigm support of behavioral finance. In view of this, based on the literature review of digital finance research, this book makes an in-depth analysis of the theoretical context and progress in key areas such as digital inclusive finance, industrial digital finance and consumer finance, which is helpful to better clarify the thinking and guide the innovative practice of digital finance. For example, this book analyzes and refines the framework of industrial digital finance research, which has outstanding reference value for promoting the virtuous circle of science and technology, industry and finance.

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Everyone is watching.

"Flowers" is a hit, and banks appear in the list of "special thanks"
The fee reduction of the five major futures exchanges is in action!
2024: What tracks are laid out by commercial banks?

Source: Financial Times client

Reporter: Xie Jingjing.

Editor: Yunyang

Email: fnweb@126.com.
Pay attention to the Financial Times WeChat official account to see more exclusive news.
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Emotional memory of the 90-year-old war hero at the premiere of the film Our July today.

Sanqin Metropolis Daily-Sanqin Net News (Reporter Xia Mingqin)On December 18th, the premiere of the film "Our July", a major cultural boutique support project in Shaanxi Province, was held at China Film International Studios in Xiying Film Park. The film’s creative team and the veteran Wang Wengui’s old hero and representatives of revolutionary martyrs’ families made their debut to pay tribute to those youthful years.

The film "Our July" is based on the Battle of Fu Mei, which tells the story of the first field army of the Chinese People’s Liberation Army and started the first decisive battle in the northwest, showing the touching details of the PLA soldiers’ fighting and their friendship with comrades.

The film was produced by Xi ‘an Film Studio Co., Ltd. and Shanghai Kuanyu Digital Technology Co., Ltd., and jointly produced by Meixian County Committee and Meixian People’s Government. It was released today (December 19).

Huang Xiansong, general manager of Xiying Group and chairman of Shaanxi Film Association, said that the film "Our July" is a film that pays tribute to the heroes who took the lead in founding the new China and paid tribute to the thousands of revolutionary martyrs in Qian Qian, showing the heroic spirit of the China People’s Liberation Army in dying and fighting to the end, and sharing weal and woe with each other as comrades.

For more than 60 years, Xiying has always adhered to the creative orientation of "people-centered", shouldered the mission of "singing songs for the people and casting souls for the times", accelerated the revitalization and development of "Western Film and Television", and successively produced a number of masterpieces of Acura Party, Acura Motherland, Acura People and Acura Heroes. In the new era and new journey, Xiying will launch more excellent works to enhance people’s spiritual strength, carry forward the spirit of China and tell the story of China well.

Zhang Xiaoping, deputy secretary of Meixian County Party Committee and county magistrate, thinks that "Our July" truly reproduces the process of the battle of supporting eyebrows, portrays the glorious image of the soldiers of the People’s Liberation Army who are brave and tenacious and fought bloody battles. It is a masterpiece with a red theme integrating ideology, artistry and appeal, and it is also a vivid teaching material for the study and education of party history that cherishes the memory of revolutionary martyrs, bears heroic memories and is full of red genes.

Meixian county is the main battlefield of the eyebrow-lifting campaign, and it is also the place where the red spirit is inherited and carried forward. We will take this premiere as an opportunity to make good use of red resources, carry forward the red tradition and inherit the red spirit, so as to inspire party member cadres to draw strength from the heroic spirit and revolutionary spirit of the revolutionary predecessors, turn patriotic enthusiasm into a powerful driving force for dedication, inherit the red gene in performing their duties and responsibilities, and continue the red blood in taking responsibility.

Recall the heavy history

Revolutionary heroes tell stories covered in medals emotionally.

Wang Wengui, a veteran of the 2nd Corps of the First Field Army of the Chinese People’s Liberation Army, as a participant in the war and a witness to history, spoke passionately about the hardships of the war. The heroic struggle of the soldiers was not afraid of sacrifice. He said, "When I was in my 90 s, I was very excited to see this film truly restore the war." Wang Jingwen, Wang Wengui’s daughter, also said that seeing the film seems to be in the scene of the bloody battles of her parents. As a family member of the veterans, she feels extremely proud and glorious.

Mr. Gao Xilin, the son of Gao Zengyue, the deputy head of the film, was very excited after watching the film. He expressed his gratitude to the producer and the creative team in a trembling voice. "This film successfully restored the historical scene of that era. It is not only a work to remember the heroes who died, but also an important teaching material to educate future generations and inherit the revolutionary spirit." Gao Fei, the granddaughter of Gao Zengyue, said that the professional and meticulous creation team presented this excellent work, which not only recorded valuable historical images, but also brought precious memories.

The creative team shared behind-the-scenes creative experience.

Inheriting the Red Revolutionary Spirit with Roles

The film "Our July" team devoted themselves to their respective fields with the spirit of striving for perfection, visiting and researching, studying archives, discussing with experts, etc., combined with meticulous service road design and excellent artistic techniques such as photography and production, and strived to truly restore the war scene. Director Zhang Youfang, starring Yin Chendi, Yu Zhilin and Gao Feng, shared the creative story in the filming process with the audience.

Gao Feng (who plays Luo Congshan) said: "After seeing the complete film, I was moved to tears, thinking about the hardships of shooting, and I realized the hardships of the war and the firm revolutionary belief and resolute courage of our ancestors."

Yin Chendi (as Wang Wengui) said: "I started doing research and homework as soon as I joined the group. After more than 50 days of hard shooting, I experienced personal growth, learned historical knowledge, and grasped the revolutionary spirit, which became my very important memory."

Starring Yu Zhilin (as Zhao Chunsi) tells that as a veteran, he was infected by the real environmental atmosphere on the set and deeply realized that there would be no happy life today without the sacrifice of his ancestors.

Later director Zhang Youfang said, "We have received more than 7,000 lens materials and more than 5,000 minutes of footage. The workload is heavy, the task is heavy, and the pressure is great. However, compared with the sacrifices made by our revolutionary ancestors, we are still too happy today.".

Producer Duan Peng said, "It’s a great honor to participate in this project with the producer and the creative team, and all the difficulties experienced have turned into today’s achievements, which will be our longest and most important experience".

Experts and scholars comment on the artistic value of movies.

Restore the masterpiece of historical hero stories

Zhang Ali, chairman of Shaanxi Literary Critics Association, believes that Shaanxi films have long been concerned about the revolutionary history, cultural history and real life in the northwest. This film not only inherits the artistic tradition, but also transcends the conventional definition of films and becomes the carrier of historical restoration, representing an important breakthrough of Xiying in the creation of western films and injecting new vitality into western films. At the same time, it combines various art forms and time relations, redefining the viewing experience.

Li Zhen, a professor at Shaanxi Normal University, said that the film is a masterpiece to restore the story of historical heroes, which combines two types, namely documentary and war film. Through the memories of heroes, we have traveled through just visiting for 70 years, and we have a deep understanding of history. The film has created different types of heroes, which are both bloody and tender, without showing off or grandiose words, which makes the characters more authentic and will be deeply moved when watching.

According to Pei Yali, a professor at Shaanxi Normal University, "This is a touching film, and the most touching part is the real interview content, which is very touching and adds soul to the film. The film also absorbs the cultural and artistic traditions very well, showing the profound integration of Guanzhong culture and art. For example, when the two armies confronted each other, the two armies challenged the Shaanxi opera, which we have not seen in other films, so that the audience can empathize. "

The audience communicated with the creative team around behind-the-scenes stories, creative inspiration and performance details. Everyone said that the film was real and moving, and the revolutionary ancestors did not hesitate to shed blood and sacrifice, and wrote a magnificent chapter for the happiness of the motherland and the people. Their heroic deeds will go down in history forever. We should remember the history, carry forward the glorious tradition, contribute to the prosperity of the motherland and create a better future.

Leaders of the Propaganda Department of the Provincial Party Committee, members of Xiying Group, Meixian County Party Committee and County Government, Provincial Literary Critics Association, Provincial Film Association, Provincial Cultural Industry Association, Provincial Film Industry Association, Provincial Musicians Association and other units, responsible persons of Xiying film and television industry, university experts, media guests, fans and audiences attended the premiere ceremony.

On December 19th, let’s walk into the cinema, reminisce about the red years and pay tribute to the revolutionary heroes.

The United States is going to wage war?

This warning notice issued on Twitter reveals the urgent tone of the Consular Affairs Bureau of the State Council.
The Consular Affairs Bureau of the State Council called on Americans overseas to return to China as soon as possible. "the State Council urged Americans not to postpone their return to China, and all means of transportation may be unavailable soon."
Besides,The Consular Affairs Bureau of the State Department of the United States wrote on the attached map that "American citizens should make plans to return to China now", and especially emphasized "now" in bold font.The tweet links to the global level 4 health warning issued by official website of the Consular Affairs Bureau of the State Council on March 31st-Don’t travel.
As you can see, in this warning, the State Council advised American citizens to avoid all international travel. American citizens living in the United States should immediately arrange to return to the United States unless they are prepared to stay abroad indefinitely.
Obviously, this is an unusual warning notice.
Looking at the wars that have happened in the past few decades, the United States will also mobilize its overseas citizens to return to China as soon as possible before the war, and then choose the right time to start the war.When the United States attacked Iraq in 2003, there was a similar move. Therefore, this has become an important basis for some people to speculate that the United States may wage war again.
The second reason is that the Covid-19 epidemic has become a global pandemic, and the number of confirmed infections in the United States is increasing at a "rocket speed" of 30,000 people a day. At present, the total number of infected people in the United States is close to 350 thousand, and the death toll immediately exceeds 10 thousand. Trump just warned that the United States may usher in the peak of death toll in the next two weeks.
US Health Secretary Jerome Adams said that the American epidemic will usher in the "Pearl Harbor moment", which will be the "most difficult and sad" day for most Americans."The next moment will be our Pearl Harbor moment, the’ 9.11′ moment … We really have to understand that if we want to smooth the curve to the other side, everyone needs to do their duty."
Economically, the United States is in a bad situation. Last week, the number of first-time unemployed registered in the United States has reached a record-breaking 6 million, compared with 3.12 million in the previous week. The domestic economy and people’s living conditions in the United States have also been pressed the "pause button". Many large American companies have issued warnings, which may be the most difficult one, and have thrown out layoffs.
Therefore, in this grim situation,I am afraid that the epidemic situation in the United States will get out of control (or close to a stable state), a serious economic crisis will break out, and social contradictions will become increasingly prominent. The American political ruling class will go to war to transfer contradictions.
The third basis is that, judging from the information transmitted by the current US military, it seems that it has begun to enter a quasi-wartime state.
On March 29th, "Russia Today" revealed that the US Northern Command had dispersed its important headquarters to the famous Cheyenne Mountain bunker in Colorado, and isolated them from another secret location. The purpose of the Northern Command is to ensure that these personnel can work normally in the case of an epidemic and monitor the potential threats to the United States around the clock.
The underground bunker in Cheyenne Mountain is the product of the "nuclear cloud" of the Cold War. It is located on the outskirts of colorado springs. From 1965 to 2006, the base was used as the main command and control center of the North American Air Defense Command, and it is the largest and most modern military command center on the earth.
Because it is located in the center of the mountain, the top and surrounding of the building are covered with rocks hundreds of meters thick, forming an unbreakable bunker, and its independent facilities are placed in a large excavation tunnel of 20,000 square meters.This tunnel is hidden behind a 25-ton explosion-proof door. Its design purpose is to enable the supreme commander of the US military to survive a nuclear attack.
Combined with the last media exposure, if the top government and parliament in Washington, USA can’t command this country, then the commander of the Northern Command will take over the military command of the whole country. Someone on the Internet said that this move to the Northern Command must be carefully studied …
In addition, on the last day of the end of March, the US military reconnaissance plane rarely entered the East China Sea, the Yellow Sea and the South China Sea at the same time; The two US aircraft carrier battle groups are still deployed in the Middle East to implement strategic deterrence against Iran; The United States issued a wanted order to Venezuelan national leader Maduro; It is rare for the US military to recruit 1 million reservists …
It seems that the atmosphere of war is really getting stronger and stronger.

The 2023 Beijing North Football Invitational Tournament concluded, leading the public health movement.

BEIJING, Beijing, November 1st (Xinhua)-Hosted by Beijing Social Sports Management Center, the 2023 Jingbei Football Invitational Tournament hosted by Beijing Football Association recently came to an end in the football field of Kangbite Sports City. After nearly two months of competition, the champion was finally decided.

With the theme of "I exercise, I am healthy and I am happy", the Jingbei Football Invitational Tournament is a national social football brand competition created by Beijing Social Sports Management Center, aiming to convey a positive, healthy and happy sports concept to the general public. The Invitational Tournament has been successfully held for six times since 2018.

After nearly two months of intense competition, this year’s invitational tournament finally won the first and second place in 1994, with Guan Gao United and Brothers Company tied for the third place.

The players are in the competition. Photo: Provided by the event organizer

A contestant said that after years of development, the invitational tournament has been warmly welcomed and highly recognized by the majority of football fans, which has had a far-reaching impact in the football world. It is very happy to have the opportunity to participate in the Jingbei Football Invitational Tournament, a mass football brand event. "I can feel that everyone here is full of sports vitality and enjoy the happiness brought by football."

According to the organizer, it is hoped that the Beijing North Football Invitational Tournament will further vigorously promote the national football, advocate the spirit of national fitness, promote the development of football in the city, enhance the physical fitness of the whole people, and cultivate the sportsmanship of striving, enterprising, unity and cooperation among the citizens.

The 2023 Beijing North Football Invitational Tournament was closed. Photo: Provided by the event organizer

In recent years, the Beijing Municipal Sports Bureau has made continuous efforts to build a sports and fitness environment from various angles, such as enriching diversified sports events, building fitness venues all over urban and rural areas, and scientifically guiding national fitness, which not only improved the citizens’ sports and cultural literacy, but also led the transformation of the public’s healthy lifestyle. It is reported that a series of mass sports activities will be launched next to promote the physical and mental health of the whole people and promote the all-round development of sports. (End)

A hundred years’ experience of football in China 142

Chapter one hundred and forty-two: Robert in his hometown was kicked out by the Brazilian Football Association.

After the 2014 World Cup, the Brazilian Football Association office

"Your hometown Robert, you are fired. What’s the matter with you? Twelve years ago, you performed very well. This year, your performance is so disappointing that you have humiliated our Brazilian football."

"David Genk, how did I lose the face of Brazilian football? I admit that my performance this year is a little poor, but I also led the team to complete the goal of securing four titles."

"I haven’t lost face, and my face has been thrown into the Pacific Ocean by you. I was defeated by Germany 0: 7 and the Netherlands 0: 5. You told me that I didn’t lose face, and I was so angry with you, you know?"

"These two games were accidents. It won’t happen again in the future. Don’t worry, but then again, my contract has expired anyway. It doesn’t matter."

"It doesn’t matter, haha, it’s killing me."

"Chairman Genk, what are you laughing at?"

"I tell you, your coaching career is over, hometown."

"What do you mean, make it clear?"

"I don’t know on other continents, at least in Europe and America, you can’t be the head coach of any national team, including the club team, and your home has been closed, which means you have no place in Brazil."

"What, who gave you the power, you are just the president of the Football Association?"

"President Barkson, he said to let me punish you, but he kicked you out of Brazil so that you could not coach in any team in Europe, America or even the world. I think it is the best punishment for you, Robert."

"What you said is true? I don’t believe it. "

"No, you don’t. Well, I’ll put President Barkson on the phone with you now."

After that, the phone was connected, and Barkson’s voice came: "Robert, leave Brazil now, or the consequences will be unimaginable."

"President Barkson, is it true what President Genk said?"

"Yes, it’s true, and Genk has reported it to me, and I agree with his decision to punish you."

"President Barkson, I didn’t break the law. Why confiscate my property?"

"You are not breaking the law, but it is similar to breaking the law, which is equivalent to breaking the law. Think about it, Brazil is a football kingdom and hosts the World Cup at home. As a result, you led the team to lose 12 goals in the semi-finals and the third and fourth finals, and lost the face of our country. " After that, Buckson hung up the phone.

"Did you hear that? You know, fans are scratching everywhere in China now, and many people have died. Do you think it’s your responsibility?"

"Well, I’ll leave. I’ll go. You’re too hard. As a player, I won the World Cup for my country. You didn’t mention my merits. This time, I did. You did this to me. I’m not reconciled."

"It’s because of your past contributions that your merits and demerits are at the end, or you may have to go to jail according to President Barkson’s meaning, understand?"

Robert slammed the door angrily in his hometown. Later, he found many national teams and clubs that were turned away, and he ran into a wall everywhere. He had no choice but to take a good trip and relax himself, and his chosen destination was China, an ancient oriental country.

Walking on the street in Sioux City, China, Robert of his hometown was ecstatic and shouted, "What a beautiful city. No wonder people say that there is Suzhou and Hangzhou under heaven, so it is really unnecessary to spread his name."