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).

"Deep" golf attracts young people, and this "aristocratic sport" has begun to be grounded.

Interface journalist | Qin siyue

Interface news editor | Shi yiying

one

early springthreemoon,Lao Huang, a golf enthusiast from Beihai, Guangxi, and several golfers flew to Sanya, Hainan for an appointment..

Although in order to avoid the stream of people,Lao Huang didn’t make an appointment for the hottest Blackstone Stadium in Mission Hills in Hainan.,However, the popularity of other courses is still beyond the expectation of Lao Huang and his friends."prime timeOnline booking speed,Rely on robbery. When playing ball.feelThe caddies of the whole stadium are out.."

At the same time, Thailand, which is hot in four seasons, has become the first choice for many golfers to go abroad for "ball narration". At the end of February, 2023, LPGA (Women’s PGA Tour) was held in Pattaya, the country’s second largest tourist city, where the golf course was also in a "difficult to book" situation.

According to the China Golf Association(Referred to as "China-High Association"), 2016-2020 domesticgolfNumber of participantsUp to 30 million people.

The popularity of golf has rekindled, and more and more young people have begun to play golf.The aristocratic movement seems to have become more grounded..

In the 1920s, wealthy Americans met to play golf. (Source: vision china)
  • Noble sport "golf"

In the hearts of China people.,There has always been a stereotype of "aristocratic sports" about golf..originate from15th century ScotlandGolfEarly indeedbeIn the nobility..

20Century,With the popularity of golf equipmentAnd business.With the establishment of competition rules and systems, golf became popular among the middle class.andCan be widely carried out.

Golf entered China in?In 1896,At that time, the first golf club in China was established in Shanghai..

now,The more important events in golf are the four Grand Slams.,They are the British Open.United States Openthe masters /masters tournamentandAmerican Professional Golf Association Championship(PGA Championship).

Take the PGA Championship as an example.,by2022yearIn August, the average audience of the four rounds of the PGA Tour of three media, CBS, NBC and Golf Channel, was 781,000. In the past five years,The event’sThe ratings have increased by 7%.

It is worth mentioning that,CBS, ESPN and NBC signed with the PGA TourBroadcast protocolThe total annual value is nearly 700 million dollars.,andWill last until 2030.

And in order to welcome the new season.,Not bad money "PGA also prepared.sixBillion dollars(invite to meet together40.2100 million RMB)Bonus of.

However,Golf has been "hot" in Europe and America for decades.,for a long timeThe market in China has been tepid..

Lao Huang this year55year,Is one of the top executives of a local enterprise., twoI started playing golf years ago through an acquaintance..Old Huang with money and leisure,Perfect for the impression of golf lovers..

This time, Lao Huang and his golfers came to a stadium in Sanya,Just the membership fee15ten thousand,Non-members should play a game here.1400Yuan Dynasty (1206-1368).

Although I am still a beginner in terms of seniority.,But Lao Huang has invested a lot of money in golf equipment.The club I use is relatively new.,XXIOYes,Early 20 thousandclothesIt also cost more than 10 thousand a year.And then for a year18class,The class fee is about 10 thousand,Plus the cost of making a ball appointment with friends.Caddy tipThe simulation practice equipment at home."

Roughly calculate,Lao Huang, a beginner, also spends 100 thousand a year on golf..

"I practice three or four times a week.,Like a friend who introduced me to play ball.,That’s on the court every day., "Lao Huang added,"The cue is also a hundred thousand take-off.,More expensive."

Mike, the golf course manager who works in Hainan, told Interface News.Every day, I basically meet male customers aged 35-70..These guests have a lot of time even on weekdays.,Stay for a whole afternoon.."

Mike introduced,The investment of a golf course ranges from tens of millions to billions.,The cost of our home is very high.,Imported grass seeds used,The cheaper ones are domestic big leaf grass.,However, the foot feels ordinary and the water permeability is not good..And fairway design.,Are places to burn money.."

Such a cost,The unit price of playing a game will naturally not be cheap.. Once at home,Therefore, golf has become a so-called "exclusive sport for middle-aged and elderly people".

In June 2022, Hainan held the first CGA (Hainan) International Youth Masters. (Source: vision china)
  • Young people invaded the golf course.

Mike told the interface news,In recent years, there have been some changes in the guests practicing golf on the green.Some families began to train their children to practice golf..Except for adults who come for fun.,Usually on weekends and holidays, many children come to our place to find a coach for class..The green also looks younger."

generally speaking,The "Broken Circle" of a Minority Movement,It is always accompanied by the breakthrough achievements made by athletes in this project in international competitions..

2011After Li Na won the French Open women’s singles title in 2006,,The consulting volume of tennis schools in Guangzhou has skyrocketed. CCTV reported that a tennis personal trainer said,Usually, the school’s inexhaustible enrollment quota was filled early.,in spite of,Every day, more than a dozen parents call him to inquire about the registration..

In the field of golf,,Feng Shanshan is the man who broke the circle..

In 2012,23Feng Shanshan, 18, is in the LPGA Championship.It is the first time that a registered player of China High Association has won four Grand Slam titles. In November 2017,Feng Shanshan climbed to the top of the female high school.No.1 in the world, and won the "after the ball" for 23 weeks.

one5 yearsofcareermiddleFeng Shanshan has won 22 titles, including 10 LPGA titles, in international competitions such as USA Tour, Europe Tour and Japan Tour.

According to Sports Weekly, in 2016, when Feng Shanshan won the bronze medal in the Rio Olympics and received the highest attention, Feng Shanshan ranked fourth in the list of sports wealth in China with an annual income of 33 million yuan.

Feng Shanshan will participate in the 2020 Tokyo Olympic Games. (Source: vision china)

andTen years ago.Shanshan FengofFighting alone is different. At present, there are 7 China women.playerFighting in LPGA,Commercial value has also been concerned by many brands..

Considered as the most powerful receiver in Feng Shanshanjanet linexist2I just successfully renewed my car brand in June.Buick Golf Ambassador,She was also signed with herLiu YuYin RuoningTwo teenagers.He Muni, a "Sichuan girl", has the same high exposure rate as her F1 driver boyfriend because of her good appearance.

In recent ten years, the second generation of sports celebrities have also "invested" in golf, which has accelerated the influence of golf among young people.

table tennisLiu Yujie, the daughter of Liu Guoliang, the Grand Slam winner and president of China Table Tennis Association, chose to study golf instead of following her father’s footsteps.last yearIn June, at the age of 9, she defended her title.watch from a height or distanceHSBC Junior Golf Championship Finals Group C champion.

ZhangJike, a grand slam table tennis player, joined the ranks of golf lovers after fading out of the table tennis world. In recent years, he has been ridiculed as "too tanned". Xiao Kaili, the daughter of his teacher Sean Xiao, is atlast yearIt has also become the youngest champion in the starting point.

According to the data of China Golf Association, in 2013, there were only over 400 young players registered in China. By 2022, this number has exceeded 100,000. Supporting youth events have also soared from more than 30 games to more than 800 games.

Mike told the interface news: "During the epidemic, many clubs can’t go out to play, so they practice in local venues. With more passengers, our unit price will be lower accordingly."

The popularity of domestic golf has warmed up, and young people have "invaded" golf courses, which has also appeared from the product side. Chen Baiyuan, commercial director of ADIDAS GOLF Greater China, revealed that "there has been double-digit growth every year in the past four years, especiallyIn 2022, we grew by over 30% year-on-year. "

(Source: Respondents)
  • Young golf brings new opportunities.

Open data display,At present our countryGolf sports eliminationFee groups mainlystillDistribution inmiddleHigh income groups.

But it is worth noting that,The largest proportionThe annual income of the group is concentrated in 100,000-200,000.Accounting for about60%;but200,000-500,000 annual incomecolonialProportionThen slide down to37%。

According to the Analysis Report on the Market Situation and Investment Prospect of China Golf Industry from 2021 to 2027 released by Zhiyan Consulting, in the China market, the size of the golf market in 2020 will be about 10.26 billion yuan, up 4.4% year-on-year.

According to the analysis of Zhiyan Consulting, due to the development of indoor golf and the increase of teenagers’ participation in golf, the development of golf in China is showing the trend of popularization, younger consumer groups and cooperative management.

Demand affects supply.Facing the younger consumer groups, it has also become a new trend of golf segmentation.

At present, golf equipment is mainly divided into two parts: golf equipment and shoes and clothing. In terms of golf equipment, Callaway is currently the largest in China market, while in the field of shoes and clothing, many comprehensive sports brands have noticed the potential of the golf market.

Unlike Nike’s decision to cut off the golf equipment product line in the summer of 2016, Adidas has chosen to add more golf segments in the last decade.

This German sports product giant began to lay out golf segments in 1997. In 1999, they acquired TaylorMade, one of the top ten golf brands in the world, and then merged with Maxifli, a well-known golf accessory brand.

In 2014, Adidas officially established the ADIDAS GOLF sub-brand, focusing on the research and development of golf shoes and clothing products. In the LPGA that just started the new season, many players appeared in professional shoes and clothing products such as ZG23 and Ultimate365 TOUR of ADIDAS GOLF.

Chen Boyuan told Interface News: "We have the highest market share of footwear in many regions, and there are Asian line products specially designed for the Asian market in the clothing part. Now the market has a clear trend of youthfulness. In the next three to five years, we will pay more attention to young and creative products. "

Pang Zhihai, the founder of OK Golf, a domestic online distributor of ADIDAS GOLF, believes that Adidas has performed well in online channels favored by young consumers, which caters to the trend that golf lovers in China are younger and transfer to lower-income groups in recent years.

"Adidas’ main product is golf shoes, which is a blank place for traditional golf brands." Pang Zhihai explained: "The price of Adidas is generally lower, and the design of styles is more fashionable, which can attract many young consumers."

Many people in the industry believe that 2023 will be a year of rapid development of golf in China.

According to the 2023 Volkswagen Golf Tournament Plan announced by China Golf Association, China High-tech Association Volkswagen Golf YouthJunior openMore than ten events, such as the Volkswagen Golf Amateur Tour of China High Association, have been put on the agenda..

Lao Huang told the interface news: "Many competitions are just inviting each other in the circle.,There is no registration fee, but it will also be sent.equipmentHold a dinner party, etc.Counting the rental space,The cost is over one million yuan.,Basically, it is sponsored by the brand..in the country/at home,More common are alcohol and sports brands.."

More and more young people are stepping onto the golf course, and this market segment also provides new market opportunities for sports brands.

Reporting/feedback

Stay away from "toxic" "love" Listen to Zhang Wenhong teach you to love rationally.

Yesterday was the annual 520 "Dog Abuse Festival". There were many days related to love, and there were countless slogans and truths about love. Sincere love is always worthy of praise, but sometimes when there are other plans in the name of "love", you get the goods, and you get the goods!
Recently, there is a news in the hot search that really makes people laugh and cry:
There is a hot comment that borrows the lyrics of Aska Yang’s Onion, but it is very appropriate: "If you are willing to peel my heart layer by layer" …
Pure love is worthy of praise, and love and hate are the eternal carriers of thousands of literature; But sometimes, when the name of "love" is used for other purposes, how many people who are addicted to the love trap can discover the truth layer by layer?
Here, we must release Zhang Wen’s grand and super-rational view of love:
"Get a hepatitis B vaccine before you fall in love."
"The reason why AIDS hurts young people so much,
It is because it is under the banner of love.
Anything, once in the name of love, is terrible. "
Here, the key points must be bold: "anything, once it is under the banner of love, is terrible!" "
And the love that comes with "drugs" is always a tragedy.
For example, girls who are addicted to love traps and help transport drugs,
I don’t know what is waiting for them is not love.
It’s behind bars.
For example, some people are carried away by love,
Drug trafficking, drug abuse …
Trying to make love more "complete" …
A couple in Yunnan "borrowed" money from strangers to raise money for drugs.
And then don’t return it! ! !
To pay off his girlfriend’s debts,
The man was caught with drugs in his body,
Swallow twice as much as ordinary people.
Or starting from love but going to extremes,
In order to get back together, the man pretended to send a courier to the door.
Injured his ex-girlfriend and grandmother and forced him to "laugh" …
Women turn themselves in for drug abuse,
In order to enter the detention center and "reunite" with her boyfriend …
And drug trafficking was caught "throwing pot" to the boyfriend of pregnant girlfriend.
On May 13th, the police of Pinggui Branch of Hezhou Public Security Bureau in Guangxi arrested two suspects and seized more than 70 grams of suspected heroin. The criminal suspects He Mou and Cen Mou are lovers. When he was arrested, He tried his best to argue and "shabu-shabu" his pregnant girlfriend Cen.
The couple tried to get rid of their unhappiness by taking drugs.
During the patrol, the Anti-drug Brigade of Yongfu County Public Security Bureau in Guangxi found a white car parked on the side of the road, and there was a quarrel between men and women from time to time.
The police came forward to check and found that they were in a trance and faltered. The police found banknotes suspected of taking drugs and a small amount of drugs scattered at the car console, and they brought them back to Yongfu County Law Enforcement Case Center according to law. After testing, the urine of the two men was positive for ketamine (commonly known as K powder) and truthfully confessed the illegal facts of taking drugs in the car.
After the police asked, they learned that Qin and Wang were lovers before. Shortly after breaking up, there was a quarrel in the car due to emotional problems. Because of his bad mood, Qin, who had a drug abuse record, took out the K powder prepared in advance, thinking that they could get rid of their troubles by taking drugs together. The two were given administrative punishment by the public security organs.
True love,
Instead of using your partner,
Nor is it to lure your partner to the white abyss with drugs.
"Toxic" love never lasts,
When drugs meet love,
It is doomed to be a tragic ending.
Stay away from the "love" mixed with drugs,
Don’t let a trace of drugs contaminate your life.
Healthy love, away from drugs!
Source: China Anti-drug
Reporting/feedback

[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 — — 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 — — 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 — — "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.

[Going to the grassroots in the New Year] Returning to the countryside to plant rattan peppers to drive the villagers to generate income. "This reunion dinner is very real."

  Returning home to plant rattan pepper to drive villagers to generate income — —

  □ Sichuan Online Reporter Deng Sihua Song Kaiwen Yu Rubo

  On the morning of January 16th, on a barren slope not far from the village road, bulldozers rumbled and dug up red land, and villagers were busy cleaning up roots and weeds … …

  After this land is sorted out, it will become a part of the rattan pepper planting park in Yongtai Town. "Before the Spring Festival to sort out the land, seedlings. Germination in February, germination in March, flowering in April, and fruiting in July. " Tang Morality, a returning entrepreneur, is full of confidence in planting rattan pepper.

  As a populous county and a labor export county, Zhongjiang County has introduced a number of policies and measures in recent years to attract talents to return home to start businesses, and Tang Morality is one of them. Returning home to start a business has activated the land that has been abandoned for many years and increased the opportunities for rural employment and income increase. "They brought back capital, industries and markets, brought all kinds of resources, and brought us hope for rural revitalization." Huang Zhen, Party Secretary of Yongtai Town, said.

  "The villagers can see the benefits"

  On the same day, while the sun was shining, Tang Morality decided to do everything that could be done years ago.

  After urging the completed people to tidy up the land in Jinqiao Village, he rushed to Shiba Village to explain pruning skills to more than 10 villagers who were busy in the field. Here, his rattan pepper garden has developed more than 400 mu, and the seedlings planted last year have been half a meter high, and will enter a high-yield period in about 5 years. "The taste of rattan pepper has been accepted by all kinds of cuisines and cuisines, and the market prospect is broader." At present, Tang Morality has invested more than 3 million yuan, and will continue to invest more in the later period.

  After busy working in the field, he invited the workers to the courtyard of his second brother’s house to settle the salary in December 2019 on the spot and distribute more than 40,000 yuan in cash to nearly 20 people. Later, a dam banquet was held in the yard, and Tang Morality called workers and villagers to have a family reunion dinner. Meng Yinlong, a villager, rammed earth in the Tengjiao Park and earned more than 10,000 yuan. He smiled and said, "Mr. Tang has come back, and this reunion dinner has been really eaten."

  "At present, there are more than 20 villagers who have been working for a long time in the rattan pepper garden. At the peak of the employment of seedlings and picking, more than 200 people will be absorbed every day. " Tang Morality said that the wages were settled in the same month, plus the land transfer fee, "the villagers can see the benefits."

  "Affordable" is obvious. Shiba village has planted more than 400 acres of rattan pepper trees, and two-thirds of it was abandoned in the past. "One-third of the land is planted with corn, and one acre can only receive one season a year, with only 700 yuan of income." Yang Quyong, the branch secretary of Shiba Village, said that the rattan pepper garden has just started and there is no income yet, but Tang Morality has planted cash crops such as soybeans in the field, with an income of more than 3,000 yuan per mu.

  Yang Sifu, a villager in Shiba Village, also works outside the home all the year round. He has invested 10,000 yuan to plant more than 4 mu of rattan pepper with Tang Morality. Last year, the income from intercropping soybeans has reached more than 5,000 yuan. Yang Sifu smiled and said, "Money is definitely not a loss."

  "When the rattan pepper is listed in high yield, if the market is good, the yield per mu can reach 10,000 yuan." Tang Morality said that he hopes to make the rattan pepper industry bigger and stronger, which will be more driving. "‘ Company+farmer ’ , joint-stock system and other forms, we all have to try. "

  "There is hope in the countryside"

  "I have no culture, but I always have feelings for my hometown." When it comes to returning home to start a business, Tang’s moral words reveal rationality. Tang’s morality is very clear, and the project is the key to returning home to start a business. "It’s not good to have a passion, especially in agriculture."

  In 1988, when he was only 15 years old, Tang Daode went out to work. In 2000, his family began to take root in Xi ‘an, and he still runs his own decoration company and hotel.

  When I return home to start a business, my family and friends don’t quite understand: "According to the business and assets outside, my family doesn’t have to worry about food and clothing, so why bother?"

  Tang Morality said that it is not blind to "invest in agriculture in my hometown". Around 2012, he thought about going back to Zhongjiang to "do something", and kept consulting materials and visiting friends for several years. Later, Tang Morality realized that Yangling, where he was located, was an important agricultural town, and held the "China Yangling Agricultural High-tech Achievements Expo" every year, while his hometown was also a big agricultural county. His thoughts suddenly became clear, so he went to the Agricultural Fair every year to learn about it. The company that Tang Morality often cooperates with has the business of processing rattan pepper into seasonings, cosmetics and other products, and the products are "not worried about the market". Tang Morality still hasn’t rushed into the project. In his view, engaging in agriculture needs ideals and rationality. "You don’t plant whatever you want."

  Tang Morality learned from teachers everywhere, met Yu Jianghong, a senior agronomist known as the "father of rattan pepper", and hired him as technical director. He found that in 2019, the "No.1 Document" of the provincial party committee clearly stated that it was important to cultivate and expand the "Chuanzihao" characteristic industry and improve the five-year promotion plan of "10+3" advantageous characteristic industries, among which "Chuanjiao" was listed. He sent the soil collected from his hometown to agricultural research institutions for testing, and carefully studied the terrain and climate conditions needed for the growth of rattan pepper, and found that Zhongjiang was generally suitable.

  In 2019, Tang Morality returned to his hometown to start a business, rattan pepper, which was officially launched. He set a "small goal": to develop thousands of acres of rattan pepper, provide seedlings, technology and sales channels, and drive local farmers to plant together.

  Huang Zhen said that Yongtai Town is a pure agricultural town, and 70% of the village’s more than 60,000 people are working outside the home. At present, more than 60 outstanding talents with certain strength and willingness to return home have been counted. "There are more ‘ Tang Morality ’ When we come back to start a business, we can see more hope. "

  There are 488,000 migrant workers in Zhongjiang County all the year round, and Tang Morality is one of them. In recent years, Zhongjiang County has introduced a series of policies and measures to attract entrepreneurs who return home. According to statistics from Zhongjiang County Human Resources and Social Security Bureau, in 2019, a total of 253 migrant workers in Zhongjiang returned home to start businesses.

Increase fiscal, taxation and financial support. The return rate of logistics enterprises exceeds 60%

  In recent days, the network operation center of Qinhuangdao Branch of China Post Group Company, located in Lingang Logistics Park, Haigang District, Qinhuangdao City, Hebei Province, has been doing a good job in epidemic prevention and control, and at the same time, it has seized the time to sort express parcels to ensure smooth logistics and transportation.

  Photo by Cao Jianxiong (People’s Vision)

  Since the outbreak of the COVID-19 epidemic, the production and operation of logistics enterprises have been greatly affected, and the social logistics cost has risen in stages. In view of these problems, Gao Gao, Deputy Secretary-General of the National Development and Reform Commission, pointed out at the press conference held by the the State Council Joint Prevention and Control Mechanism on March 6 that at present, the key point is to solve the obstacles and operating cost pressure faced by logistics enterprises and support the logistics industry to resume normal operation as soon as possible; In the future, efforts should be made to promote the construction of a safe and efficient logistics operation system and further enhance the ability of the logistics industry to cope with external shocks and serve the national economy.

  The return to work rate of logistics enterprises exceeds 60%

  The logistics industry plays an important supporting role in coordinating the prevention and control of epidemic situation and economic and social development. What is the situation of returning to work?

  Gao Gao introduced that at present, there are about 400,000 logistics-related legal entities in China, with more than 50 million employees. By the end of February, the proportion of logistics enterprises in China has exceeded 60%, the road freight market has continued to pick up, the vehicle operating rate has been restored to 70%, and the rate of returning to work in logistics parks is close to 90%, especially for a number of national logistics hubs and demonstration logistics parks.

  Regarding the express delivery that people are concerned about, Liu Jun, deputy director of the State Post Bureau, said that after the outbreak, the State Post Bureau organized and mobilized the postal express delivery industry to fully guarantee the transportation and delivery of epidemic prevention materials and the distribution of daily necessities, and to distinguish enterprises from orderly resumption of work and production, speed up the smooth economic cycle, and strive to meet the needs of people’s livelihood. At present, there are nearly 3 million people who have returned to work in the postal express delivery industry, with a return rate of 90.2%, handling more than 160 million pieces of express mail every day, and a recovery rate of over 80%.

  "Judging from what we have learned in the past few days, the situation of resuming work and production continues to improve. Logistics related to daily necessities, such as express delivery, has a relatively fast recovery speed, and the rate of returning to work and the yield are relatively high. Relatively speaking, productive logistics is extensive and involves the coordination and linkage of different industries and different upstream and downstream, and the recovery situation is weaker than that of life logistics. " Gao Wei said.

  Get through the blocking point of agricultural products entering the city

  The overall situation is improving, but problems such as the failure to return to work and the ineffective guarantee of the timeliness of mail express still exist. Liu Jun pointed out that postal express delivery enterprises belong to network enterprises. Due to the epidemic control policy, the production capacity recovery area is not balanced enough. Distribution centers, municipal processing sites and terminal business outlets in some areas such as Hubei have not resumed normal operations, which has a direct impact on the smooth operation of the whole network.

  "During the epidemic, some communities and rural areas were under strict control, and the courier brother could not deliver normally. Especially now, the utilization rate of smart express boxes is less than 50%, which directly affects the delivery efficiency." Liu Jun said that at the same time, the production capacity of upstream SMEs of some e-commerce companies has recovered unevenly. Some consumers have placed orders, but they cannot generate packages in time, which also has some impact on the whole time limit.

  Liu Jun said that in order to ensure the quality of service, the State Post Bureau requires delivery enterprises to effectively guarantee the production capacity of personnel, transportation capacity and equipment, strengthen the management and scheduling of reasonable time limit for express mail, and give priority to dealing with the backlog and problems caused by the epidemic. In the next step, it is necessary to keep the "green channel" for the transportation and delivery of epidemic prevention materials unimpeded, and timely and efficiently distribute the needed materials for the front line of epidemic prevention and control. At the same time, it is necessary to give priority to the distribution of basic living materials for residents in closed management areas, concentrate on the delivery service of agricultural and sideline products into cities, and help solve the problem of unsalable agricultural products. "Now the epidemic situation has a greater impact on agricultural products entering the city. Recently, our focus has been on getting through the blocking points in this area and smoothing the circulation channels."

  "We will continue to promote the resumption of work in the express delivery industry in stages and continuously improve the production capacity according to market demand." Liu Jun said that it is preliminarily predicted that by mid-March, except Hubei, the whole network will basically return to normal.

  Increase fiscal, taxation and financial support

  "This epidemic has had a great impact on the logistics industry. Recently, the National Development and Reform Commission, together with relevant parties, aimed at the outstanding problems that restrict the resumption of production and long-term development of the logistics industry, in accordance with ‘ Combination of distance and overall consideration ’ The principle of putting forward a series of policy measures. " Gao Wei said.

  The intensity of tax reduction and fee reduction has increased in stages. Within a certain period of time, we will continue to implement the policy of halving the urban land use tax for bulk commodity storage land that expired at the end of last year. From March 1 to June 30, the port construction fee for import and export goods will be exempted, and the government-set charges such as port charges and port facility security fees will be reduced by 20%, and the compulsory emergency response services and charges for non-tanker cargo ships will be cancelled. Before the end of June, the railway insured price, the delayed use of containers, the detention of trucks and other fees will be halved. Transportation and logistics enterprises that perform emergency transportation tasks during the epidemic prevention and control period belong to the government’s purchase of public services, and governments at all levels should give compensation.

  In terms of financial support, Gao Gao introduced that the national list of key enterprises for epidemic prevention and control is being published in a rolling way, and several groups of key logistics enterprises have been recommended to be included in this list, and financial institutions can provide them with preferential interest rate loans by using special refinancing. At the same time, ease the financial pressure of small and micro logistics enterprises with a wide range and a large quantity, and encourage financial institutions to temporarily postpone the repayment of principal and interest on their loans, especially not to borrow, keep lending and keep lending.

  "Policy measures also involve accelerating the improvement of the emergency logistics system, deepening the adjustment of cargo transportation structure, and improving the level of modern supply chain." Gao Gao said that the National Development and Reform Commission will work with relevant departments and localities to implement relevant policies, support and guide logistics enterprises to resume work and production in an orderly manner, increase dynamic monitoring of the operation of the logistics industry, promote the transformation and upgrading of the logistics industry, improve quality and efficiency, and provide a strong guarantee for the sustained and healthy development of the national economy.

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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During the New Year’s Day holiday, the hot "snow" is boiling in Beijing World Park.

During the New Year’s Day holiday, the third "snow" and "ice" carnival in Beijing World Park was full of joy in Beijing.

In order to let the people in Beijing spend a happy and peaceful New Year holiday, Beijing World Park staged a series of wonderful ice and snow carnival garden activities. Watching global performances, playing "fun" snow and "ice" projects, enjoying ice and snow parent-child activities, embracing the fairy tale world of ice and snow, and enjoying special food with the tip of the tongue have become the main theme for tourists to celebrate New Year’s Day and play around the ice and snow carnival in the world park.

Burning feelings-global performance. Foreign actors from Cuba, Ukraine, Russia, Spain and China formed a strong performing lineup to stage four exotic visual feasts, namely "Christmas Carnival", "Ice and Snow Parade", "Ode to Ice and Snow" and "Latin American Concert", in the East Gate Terrace Garden, the Style Snow Trail, the South Gate Snow Play Area and the Asia-Pacific Stage. Reality shows such as Santa Claus, Snow White, Seven Dwarfs, Snow Angel, Baby Snowman and Big Bird Cartoon interact with tourists at zero distance and enjoy the wonderful ice and snow culture in the World Park.

Happy highlights-"fun" snow and "ice" immersion experience. There are more than 20 kinds of powered and unpowered ice and snow projects in the four major ice and snow amusement areas of the park, namely, the East Gate Terrace Garden Snow Amusement Park, the South Gate Snow Amusement Park, the South Gate Artificial Lake Ice Amusement Park and the African Pyramid. Among them, snow landslide, snow turning, snow tank, snow bike, snow gyro, snow yo-yo, snow caterpillar, children’s snow digger, ice go-kart, ice block and dog sled are popular.

Have fun-parent-child activities in the small column of ice and snow. Play with the world by snowmobile, sleigh and snow circle; Driving a snow mini tractor, a snow digger and a dog sledge to enjoy a childhood of ice and snow; Ride a snow camel around Africa in the pyramid scenic spots and feel the joy of the New Year during the New Year holiday.

Humanistic hotspot-the world of ice and snow. Through funa, the park has created a realistic version of the world of ice and snow for tourists. Make a snowman, have a snowball fight, explore the famous miniature landscapes of countries along the "the belt and road initiative", and experience the exotic and romantic ice and snow customs in Frozen, and appreciate the wonderful ice and snow culture in Winter Olympics.

In addition This year’s World Park Ice and Snow Carnival also launched "Hui" to play ice and snow season rewards and ice and snow food activities.

Source Fengtai Times

Correspondent Yedda Chiu

Editor Li Na