The data says | The big data portrait of China fans is coming, and Shandong football is super enterprising.

What is the hottest this winter?
In 2022 FIFA World Cup Qatar 2022, there will be 8 world-class stadiums, 32 teams and 64 peak matches. The Argentine team and the French team will compete for the World Cup in the final. Nowadays, on the major social platforms, the atmosphere of the competition has been "full", and topics about fans, such as "Is anyone in charge of the mental state of fans", have also been frequently searched. Every World Cup, China fans are more nervous than the players and coaches on the field. The favorite team can be happy all day if it wins, and will be angry if it loses.
Recently, fastdata, a big data intelligent analysis platform, released a data, saying that the number of fans in China is as high as 289 million, making it one of the most important markets for football marketing in the world. China has a population of 1.4 billion, in other words, about one in five people in China is a football fan. What can be found in the portrait of this huge group of fans? Let’s talk about China fans through the data.
The status of football as the most popular sport in the world is indisputable. The global appeal of football is not only to attract the interest of fans all over the world: from sponsorship to broadcasting, from club ownership to the value of major stars, the influence of football is universal. According to the Report on the Marketing Value of Football Fans in China in 2022, football accounts for 43% of the penetration rate of the world’s major ball sports fans. According to the data, there are 3.46 billion football fans in the world, of which about 289 million are from China. In other words, one in every 11 fans in the world is a China fan.
There is no insurmountable gap between football and life. What are the standards for becoming a football fan in China?
According to the data of the platform, male fans in China account for nearly 90%. In terms of age, fans aged 25-34 account for the highest proportion, accounting for 41.5%; In terms of academic qualifications, the proportion of undergraduate and above fans reached 66%, and the overall education level was high; In terms of marriage, the proportion of unmarried fans is high, accounting for more than 60%.
With the help of data, we can know that the proportion of male senior fans in China is higher as a whole; The age is concentrated under 34 years old, and most of them are distributed in first-and second-tier cities. The academic qualifications of senior fans are concentrated in undergraduate courses; Personal monthly income is between 20,000 and 30,000, and the average personal monthly income is 107.661 million yuan.
How do China fans with high diplomas and high incomes perform in terms of spending power? According to the research results of iResearch, Nike and Adidas are the most popular brands among fans in China, while domestic brands Li Ning and Anta are becoming the hot spots of fans’ attention. About 60% of China football fans spend 500-3000 yuan on shoes/clothes/hats every year, with an average annual consumption of 2105.4 yuan.
According to public reports, Qatar released data that China fans bought 7,000 tickets during the World Cup. Fans who haven’t gone abroad are equally enthusiastic, squatting in front of the TV every day to CALL their favorite team stars.
Recently, the consumption related to watching football can be described as "bursting".
According to the data of the US Mission, on the opening day of the World Cup, the order for snack take-out increased by 55% month-on-month and the fruit increased by 35% month-on-month. Among them, melon seeds increased by 69%, French fries by 62%, peanuts by 35% and nuts by 32%.
Of course, watching the ball is inseparable from drinking, and many e-commerce platforms have higher sales of beer and fruit wine. According to the data of Vipshop, the sales of beer have increased by 150% since November. There are still many young fans who favor fruit wine. During the same period, the sales of fruit wine increased nearly four times year-on-year.
In addition, the sales of related categories such as football wear increased by 75% compared with last year. Among them, the sales of brands such as Clover and JOMA increased particularly rapidly, with the growth rates reaching 339% and 112% respectively.
Thus, the consumption potential of China fans is rampant! From analyzing the situation, buying sports lottery tickets to buying goods related to watching football, I am immersed in the upsurge of the World Cup, and my sense of participation is very high.
What are the fans watching about football?
Football players are one of the global stars who lead the trend on platforms such as Facebook and Twitter. A large number of followers on the platform directly increase the value that players bring to partner brands and teams, competitions, charities and other organizations.
Social media provides a powerful platform for sports stars and other celebrities to build personal brand value. The data shows that as of July 2022, C Ronaldo’s social media operation ability is significantly stronger than other players, and he has the most fans on Facebook, Twitter and other platforms.
Cristiano Ronaldo is still the most popular star in China. By December 14th, 2022, the number of fans of Cristiano Ronaldo in Weibo reached 8.391 million, and the number of related topics read exceeded 5 billion. According to the research results of iResearch, the foreign stars that fans are most concerned about are Cristiano Ronaldo, Lionel Messi, Mbappé, Harland and lewandowski. In terms of domestic stars, Lei Wu has become the most popular local star for his outstanding performance in La Liga.
Football is becoming more and more successful in business every year. It may be the sport with the most cash flow in the world and has become one of the most profitable sports industries in the world. A huge fan base is the foundation of players’ commercial value. Mbappé, a French international, topped the list of 2022 footballers’ income published by Forbes magazine in October with US$ 128 million, surpassing Messi and Cristiano Ronaldo to become the highest-paid footballer in football.
What can you find by focusing on Shandong?
The data shows that this year, fans in China, FIFA World Cup Qatar 2022 have the highest frequency of watching several games per week, reaching 27%. The huge fan base has contributed a lot to the promotion of sports industry’s contribution to GDP. Little known is that Shandong people’s football dedication has been strong for thousands of years.
As early as more than 2300 years ago, Shandong people began to explore the cause of football. In Linzi, the capital of Qi State during the Warring States Period, cuju has developed into a popular form of entertainment among the people. Biography of Historical Records of Su Qin records: "Linzi is very rich and real, and all its people are those who play the flute, drum instruments, percussion, playing the piano, fighting cocks, walking dogs, playing six blogs and kneeling."
Shandong Taishan Football Club, referred to as Taishan Team for short, takes Jinan Olympic Sports Center Stadium as its main venue and is now competing in the Chinese Football Association Super League.
In 2005, the world’s first professional football museum, which comprehensively displays the evolution history of China football for thousands of years and the development style of world football, was officially opened in Linzi, Zibo, the birthplace of world football.
In 2017, the General Office of Shandong Provincial Government issued the Implementation Plan for Football Reform and Development in Shandong Province. The plan proposes measures such as building a four-level campus league tournament and creating a "Lu Chao" brand event.
In 2018, Shandong Campus Football Association (SCFA) was established.
The wonderful thing about Shandong football "Foot" is that there are so many talented people. Why can Shandong football be so talented and become the backbone of China football? The answer lies in the high-level football youth training system.
According to the data of "Shandong Campus Football Characteristic Schools Directory" issued by Shandong Provincial Department of Education, there were 317, 264 and 410 campus football characteristic schools in Shandong Province in 2015, 2016 and 2017 respectively.
Some netizens called the Provincial Sports Center Stadium a holy place for Shandong fans, and publicly reported that Rizhao Football Center, the first professional football field in Shandong Province, will soon be put into use.
In this FIFA World Cup Qatar 2022, Shandong elements can be seen everywhere inside and outside the stadium.
Hisense, which is "the first in China and the second in the world", has sponsored four consecutive top sports football events.
Qingdao Wandelong Textile Technology Co., Ltd., which has provided flag products for seven consecutive World Cups, can provide tens of millions of flags. Since March this year, millions of flags, large and small, have set off from here and finally flew over Qatar.
Cuju from Zibo, the birthplace of football, was warmly welcomed by Qatari local players and coaches, who personally experienced Cuju culture.
With the smooth performance of the World Cup, the football DNA of Shandong people moved.
In Yantai, Shandong Province, a woman made noodles into a football cake, with 32 pieces of leather.
Wang Yanbao, a fan of Jinan, Shandong Province, drew the FIFA World Cup Qatar 2022 mascot Raib in a 7 mm snuff bottle.
"Grandpa A Mu" in Liaocheng, Shandong Province is once again popular because of tenon-mortise football.
Regarding football, the dedication of Shandong fans is really super!
If you need to reprint or quote this article, please indicate the source.
Planning: Dai Lingling
Coordinator: Zhao Xiaoju
Data/Copy: Liu Lanhui
Design: Zhu Qianqian
Produced by Volkswagen Daily Data News Studio
Reporting/feedback

"Sword Rain" and "Painted Skin" use dance as a weapon, and Li Zonghan changes his face and combines civil and military


Li Zonghan plays Lu Zhu

    In the golden autumn of October, Li Zonghan was busy non-stop. He played the key role in the box office of John Woo, Su Zhaobin’s martial arts masterpiece, and the 11th National Day, and the wonderful monk "Lu Zhu", led the new version of the TV series, took over Donnie Yen to create the sentimental general "Pang Yong", dubbed the late stage of the movie "Guan Yunchang", and the TV series "Southern City Hate" was a hit… Successful "face-changing" in several big plays, Li Zonghan from the period drama Xiaosheng to the martial arts star who challenged Donnie Yen twice, wanting to be a synthesis of both civil and military.

    "Sword Rain" takes Michelle Yeoh’s face-changing (completely changing her previous appearance after transfiguration) as a watershed, and the change of appearance also makes a major change in the fate of the protagonist. Li Zonghan, who has an emotional entanglement with Michelle Yeoh in the film, also learns from the "big sister of the martial arts" outside the play, and plays a double "face-changing".

Face change 1: Neat and short hair, a new departure, full of mature male charm 

    Changed the hairstyle that has been retained for many years, and matched the role of "Lu Zhu" in "Sword Rain" with a new image. Audiences who are familiar with Li Zonghan must have fresh memories of the styling in many hit dramas such as "Wutong Rain", "Spring Returns" and "Thirty Years After Marriage". Known as the "Mistress Killer", he has been appearing in many works for many years with fresh and capable short hair. Although the roles are different, the hairstyle that matches his temperament has always been retained.

    This time, at the invitation of director John Woo, he starred in the wonderful monk "Lu Zhu" with hair practice. Li Zonghan decided to cut his short hair shorter, and the subtle changes brought a new image. The neat short hair showed his angular features, showing the charm of a mature man.

Face-changing 2: Three major plays explore martial arts talent, and expand the road of drama with both civil and military skills

    2010 can be called another fork in the road of Li Zonghan’s ten-year acting career. Speaking with his works, he has a place in the TV drama field for the first time to touch the big screen. In "Sword Rain", he showed the elegant and free, Zen-like martial arts skills. Zhuang Wenqiang and Mai Zhaohui met Donnie Yen unrestrained in the film "Guan Yunchang". Years of dance foundation have enabled him to successfully transform from a period drama student to a capable and capable amphibious star, opening up a wider sky for his acting career.

    "Not only the literary drama is touching, but the martial arts are also so wonderful" has become the consensus of many senior film critics and media people for Li Zonghan. After the double polishing of the two major dramas "Sword Rain" and "Guan Yunchang", Chan Ka-shang, the Hong Kong gold-medal director who directed the movie "Painted Skin", was invited to lead the new TV series "Painted Skin". Li Zonghan revealed that "Pang Yong" has a bumpy love road and has a multi-faceted personality. As a synthesis of "Lu Zhu" and "Donnie Yen", there are many things to watch. And he will also have more opportunities to challenge high-difficulty fighting dramas, show his martial arts in the imaginative fantasy world, and "play" more surprises.

Explain "zero carbon finance" in detail: how to participate in global governance? What are the pain points to be solved?

With the full implementation of carbon neutrality, the financial industry has entered the era of zero-carbon finance.

On May 21st, at the 2023 Wudaokou Global Finance Forum in Tsinghua, Zhu Min, former vice president of the International Monetary Fund and former vice president of the People’s Bank of China, once again emphasized his concern about zero-carbon finance. He proposed that as finance entered zero-carbon finance, the cooperation and competition of global zero-carbon finance had begun. China has been leading the world in the field of green finance, and zero-carbon finance is also ahead. Therefore, we should continue to actively participate in the construction of global governance mechanism of zero-carbon finance, and promote the further reform and opening up of China’s financial industry in the construction of global governance mechanism.

So, what exactly is zero carbon finance? What attempts have China made in the field of zero-carbon finance? How to participate in global governance? What are the pain points to be solved? Beijing business today reporter integrated the discussions of many authoritative figures and made a detailed interpretation in one article.

Concept: The financial industry has entered a zero-carbon era.

"With the rapid landing of carbon neutrality and global development, finance has entered the era of zero-carbon finance, which is a very important financial industry upheaval." Zhu Min emphasized at the meeting.

From early gas finance to sustainable finance, green finance to zero-carbon finance, Zhu Min pointed out that zero-carbon finance covers many concepts horizontally, and its depth can be measured and defined, because it directly serves the real economy, conforms to carbon neutrality, and the corresponding assets are very clear. Therefore, at the Glasgow meeting, everyone basically formed a consensus that the financial industry should begin to enter the zero-carbon era.

Nowadays, zero-carbon finance includes a series of concepts. First, the financial industry should finance carbon neutrality, which is the first concept. According to Zhu Min, it is estimated that China’s financing volume will be about 180 trillion yuan by 2050, and McKinsey Consulting recently said that the global financing volume will be 9.7 trillion dollars per year. According to the proportion of China’s emissions, China will need 3 trillion dollars a year, which is about 20 trillion yuan. This scale is undoubtedly huge.

At the same time, zero carbon should serve the transformation, because the change of carbon price, all financial prices and all balance sheets, including stocks, is also a huge challenge.

In addition, the financial industry itself should regard itself as a zero-carbon enterprise, that is to say, the balance sheet of financial enterprises is zero-carbon, that is, the financing liabilities are zero-carbon and the operation is zero-carbon, which is actually a very high requirement, and thus a global zero-carbon financial enterprise alliance has been established. Generally speaking, Zhu Min believes that "the concept of zero-carbon finance is taking shape, which has rich connotation, broad coverage and depth, and it is a very important sign that finance has entered the era of zero-carbon finance".

Trend: Cooperation and competition have begun.

The global road to zero carbon emissions is accelerating further. Zhu Min also pointed out that finance must be global, and the cooperation and competition of global zero-carbon finance has also begun.

The first is the standard, which is to make global unified and sustainable financial disclosure. Zhu Min said that there are various standards on financial disclosure, and each place has its own standards and requirements, and it is also competing and cooperating with each other. If the world wants to support carbon neutrality, zero-carbon finance also faces a huge funding gap.

Zhu Min further revealed, "For example, at this meeting in Egypt, what was discussed most was how to meet the funding gap and how to strive for zero-carbon financial funds to come to my market. Now everyone is arguing about how to establish zero-carbon finance. For example, the bond market of zero-carbon finance is at the forefront of discussing commercial real estate. Because REITs have long-term income and the nature of debt, but in the long run, because the carbon premium is gradually rising, it has the content of equity income, so it well meets the dual characteristics of zero-carbon finance as carbon-neutral financing. "

Building REITs market, fund pool and carbon neutral science and technology innovation fund pool is another major event. Zhu Min said that the core of carbon neutrality is science and technology, and the driving force is science and technology. But where does the high-tech investment fund of carbon neutrality come from, where is the market and where is the standard? A series of global competition and cooperation on zero-carbon finance have begun. This ecology is very active, and various initiatives and products are emerging, which will also be the commanding heights of the future.

Initiative: Actively participate in global governance.

When the competition and cooperation in the financial market are formed, the core problem is how to build the governance mechanism.

Zhu Min believes that China should continue to actively participate in the global governance mechanism. A major feature of zero-carbon finance is that after the regulatory system came out, various financial institutions appeared various ecology, cooperation and platforms, especially in risk management, transitional finance, valuation of high-carbon assets, and many spontaneous activities in different details of pricing, capital flow and disclosure.

"Therefore, financial institutions in our country should actively participate in these activities. More importantly, in the process of participating in global governance and zero-carbon financial governance mechanism, China should also bring this new experience to the Belt and Road Initiative, promote the capacity building and system construction of the Belt and Road Initiative and developing countries, and help developing countries enter zero-carbon finance. This is also China’s historical responsibility and international mission. More importantly, participating in the international governance of zero-carbon finance will in turn push China towards a new financial era of reform and opening up. Disclosure should be unified, standards should be unified, product research and development, market liberalization, and capital flow will all be reflected in the entire global governance mechanism. " Zhu Min said.

In this regard, Wang xin, director of the Research Bureau of the People’s Bank of China, also said that the development of sustainable finance in China and related international cooperation are mutually reinforcing and have formed a good virtuous circle; In addition, China participates in international coordination and cooperation, and the latest international progress is also a great guide and promotion for the domestic development of green finance, sustainable finance or zero-carbon finance.

According to Wang xin, in order to better support international coordination and cooperation, the People’s Bank of China has promoted the development of green finance-related fields in many aspects: First, it has strengthened the construction of sustainable financial standards system, including improving green financial standards and expanding and expanding the use of the China-EU Common Catalogue of Sustainable Finance.

The second is to strengthen the disclosure of climate and environmental information. The basic work is to carry out relevant standard statistics and strengthen the requirements of information disclosure of financial institutions. Third, expand the use of sustainable financial instruments. Financial institutions actively participate in the development and interconnection of related financial products and related financial markets. Green loans, green bonds, carbon neutral bonds and bonds linked to sustainable development will also be gradually developed.

Fourth, strengthen the incentive and restraint mechanism, including the formation of a reasonable carbon price. The People’s Bank of China has also launched a special mechanism to support the development of green finance and improve the evaluation and application of green finance results. Fifth, capacity building, and systematic training and capacity building.

In addition, give full play to the role of relevant institutions in the green finance reform and innovation pilot zone.

Pain point: where is the difficulty in achieving coordination?

The construction of carbon market will make China one of the main beneficiaries. However, in the process of achieving "carbon neutrality" and coping with climate change, the challenge of coordination is easy to say, but it is also complicated.

Bai Lefu, chief economist of Asian Infrastructure Investment Bank (AIIB), talked about his views. He mentioned that climate change is a global issue, regardless of national boundaries. Different countries are affected by climate change in different degrees, so their coping strategies are different. For example, some can reduce carbon emissions, or increase their adaptability and resilience, but their adaptability and resilience are more complicated, which may be exerted by the enterprise sector, thus making it more difficult to achieve coordination. After all, in the process of achieving coordination, countries bear different costs and benefits.

Bai Lefu believes that "to achieve global coordination, fairness and justice are very important in this transformation. We need strong governance, including financial governance and mandatory regulatory rules; In order to further develop the carbon market and distribute fair carbon quotas, it is necessary to understand the nodes and starting points reached by countries in the implementation process more accurately, so standards are needed to balance them. We need to gather national platforms to build a global architecture, so as to achieve a fair transformation and make the transformation sustainable. If such a transformation is not sustainable, it will not be supported by the public, it will not be able to achieve sustainable development, nor will it be able to achieve a fair and just transformation, and it will be even more impossible to move towards a zero-carbon future. "

In addition, Zhang Liqing, director of the International Finance Research Center of the Central University of Finance and Economics, believes that China’s leading and formulating international rules in the field of zero-carbon finance is itself a manifestation of financial openness. He also further mentioned the multi-level challenges faced by expanding opening up. First, China’s economy may encounter more external shocks. Affected by fluctuations in international economic growth, changes in monetary policies of major developed countries and some international emergencies, international capital may enter and exit in a short time. This situation is hard to avoid, which will lead to fluctuations in domestic asset prices and exchange rates. If the domestic macroeconomic fundamentals are not good, the probability of such an impact will be great.

The other is the impact of geopolitical conflicts and the tightening of Sino-US relations. Will the expansion of financial opening face greater risk of financial sanctions? Of course it’s possible. Zhang Liqing said, but unless there is an extreme situation, it is more likely that the opposite will happen. The deeper the connection between the two countries in the financial field, the higher the cost of financial sanctions, and the less likely it will happen. In addition, if residents are allowed to invest abroad more freely, it will also reduce the scale of China’s foreign exchange reserves to a certain extent, thus reducing the risk that foreign exchange reserves will be frozen in case.

As for the risk of capital outflow caused by the tension between China and the United States, Zhang Liqing believes that strengthening communication and exchanges and expanding the common denominator as much as possible in all aspects are the key to preventing the further decoupling of technology and trade between China and the United States, and also the key to preventing the risk of capital outflow. China’s economy still has great growth potential. If we can continuously improve the investment environment and do better in the construction of the rule of law and the protection of property rights, the result of expanding the two-way financial opening must be or the probability is that the net capital inflow will increase, not the other way around.

Beijing business today reporter Liu Sihong

Reporting/feedback

Who said you should throw the yolk when eating eggs? Beware of missing most of the nutrition!

  Recently, due to the epidemic, everyone has raised their awareness of storing food at home. Eggs are one of the fastest and most convenient food materials, and they have also become a must-have food for every household. A friend asked: I can’t go out to eat at home recently, and it’s also troublesome to make big fish and meat. There are quite a lot of eggs at home. Can I eat five every day? I heard that it has high cholesterol and is harmful to eat?

  What nutrition does an egg have?

  Choline in eggs is very important to children

  Egg is a kind of food with high nutritional value. An egg weighs about 50g. Its main ingredient is water, accounting for about 75%. In addition, protein and fat are the main ingredients, as well as some minerals and vitamins (such as A, D and B groups). Eggs can provide us with these aspects of nutrition:

  protein

  Protein in an egg is about 7 grams, and the amino acid pattern of protein in the egg is very balanced, which is very suitable for human absorption and utilization, and is a good source of protein intake.

  lecithin

  Lecithin in eggs is an important component of high-density lipoprotein, which can help regulate blood lipids and play an important role in nerve tissues such as brain.

  vitamin

  Eggs are rich in vitamins, which can provide 10%-20% folic acid and 20%-30% vitamins A, D and E in the diet. For vegetarians, eggs are also an important source of vitamin B12.

  choline

  There is also a rich nutrition in eggs — — Choline. The choline content in 100 grams of eggs is about 251 mg, and a shelled egg weighs about 50 grams, which can provide 176 mg of choline.

  Choline is also an important nutrient for children. It is found that when DHA and choline are sufficient, it is most beneficial to the development of fetal brain, and the cognitive level of infants in the future is the highest; Babies who get enough choline during pregnancy have less stress response after birth, and the risk of suffering from various chronic diseases in the future may be reduced.

  Will eating eggs raise cholesterol?

  Don’t worry too much, it’s much better than big fish and big meat

  Many people are afraid to eat more eggs, mainly for fear of raising cholesterol. The yolk of an egg contains more than 180 milligrams of cholesterol, which is really high. Previous dietary guidelines generally suggested that cholesterol should not exceed 300 mg per day, so this became the reason why many people thought that eggs should not be eaten too much.

  However, in recent years, the academic circles have summarized the results of various studies and concluded that there is no direct causal relationship between cholesterol intake and cardiovascular and cerebrovascular diseases. In fact, cholesterol in human blood is not exactly the same as cholesterol in food. There are two sources of cholesterol in human body — — About 70%-80% is synthesized by the liver, and only a small part comes from dietary cholesterol. Some cholesterol ingested through food cannot be absorbed by the body and will be excreted with feces. Therefore, we really don’t have to worry too much about cholesterol in food.

  Moreover, eggs are much better than cholesterol in big fish and meat. Because in addition to cholesterol, there are many nutrients in eggs that can offset the risks associated with excessive cholesterol intake. And big fish and meat are not only high in cholesterol, but more importantly, their fat content (saturated fat in some red meat) is high, which is more harmful to cardiovascular system.

  How many eggs is best to eat every day?

  One a day is fine, and it doesn’t matter if you overdo it occasionally.

  Since there is no problem with cholesterol in eggs, is it ok to eat five eggs every day? Actually, it is not.

  Eggs are really nutritious, but no matter how nutritious they are, they are just a kind of food. For a healthy diet, it is important to diversify food and balance nutrition, rather than being superstitious about a certain food and eating too much.

  For example, the main ingredient in eggs is protein. Although eggs are a good source of protein intake, they are not the only source. Bean products, meat and dairy products can also provide us with protein. You know, one third of soybeans are from protein, and drinking a glass of milk a day can also provide about 10 grams of protein.

  Eating one egg a day is ok, and occasionally eating five eggs a day may not be a big problem. However, if you eat five every day, it will inevitably lead to eating less other foods and reducing other nutrient intake, which will lead to imbalance in nutrient intake and eventually lead to malnutrition, which is not recommended. Besides, during the period of isolation, most people exercise less.

  Do you want to eat egg yolk?

  Vitamins and minerals in egg yolk are higher than those in egg white.

  Most of the vitamins and minerals in eggs are in the yolk, and their contents are higher than those in egg whites, which almost only provide protein. Moreover, egg yolk is rich in lecithin and choline. Dietary Guidelines for China Residents (2022) recommends eating 300-350g eggs a week (about one egg a day), and eating eggs without discarding the yolk.

  The American Heart Association’s scientific advice on dietary cholesterol and cardiovascular risk suggests that healthy people eat a whole egg every day.

  How to eat eggs is healthier?

  Frying may affect cardiovascular system.

  Need to remind everyone that how to eat eggs is also very important. Whether an egg is fried or boiled, whether it is fried in a lot of oil or splashed with water, or whether it is custard or egg drop soup, their effects on human health will be very different.

  Studies have found that after eggs are improperly cooked (such as frying), fat and cholesterol are oxidized, and may generate advanced glycation end products through Maillard reaction, which may promote the damage of human vascular endothelium and arteriosclerosis, which is not conducive to cardiovascular health. However, there is no such problem with steamed eggs and boiled eggs. I suggest you try to eat steamed eggs and boiled eggs.

  What’s the difference between different people in eating eggs?

  Healthy adults: people who have no dyslipidemia and are healthy in liver, kidney, pancreas and gallbladder can eat 1-2 eggs a day without excessive fish and seafood.

  Healthy egg-milk vegetarian: It doesn’t matter if you eat two eggs a day, but it’s still not recommended to eat like this every day.

  Expectant mothers during pregnancy, nursing mothers, bodybuilders, people who do a lot of exercise, teenagers’ long period of physical development and hunger/food shortage: If you are healthy and have no abnormal blood sugar and blood lipids, you can eat 2-3 eggs every day for a period of time, but it is not recommended to do so all the time.

  Middle-aged and elderly people, people with hyperlipidemia, patients with gallbladder disease and diabetics: It is not recommended to eat several eggs every day.

  If there is a shortage of food and there is no big fish and meat for ten days in a row, it is not a big problem to eat five eggs today. However, it is not recommended to eat like this all the time after the food supply keeps up.

  Text/Yan Guangfeng

  (Director of Science and Technology Department of Food and Nutrition Information Exchange Center, Master of Nutrition and Food Safety of China Agricultural University)

Starting from the bitcoin derivatives market: 9 wins and 1 loses or loses the whole game, wandering in the gray area.

Since the end of October, 2020, the price fluctuation of Bitcoin has been increasing at the same time, and some investors have also poured into the bitcoin derivatives market.
On January 21st, the price of Bitcoin once fell below $32,000, which was 10.3% lower than the highest price in 24 hours. Previously, on January 11th, the price of Bitcoin once dropped by 27.78% from the highest price of $41,962, and on January 4th, it once dropped from more than $34,000 to around $28,000 in one day.
Among many influencing factors, some analysts believe that the sharp fluctuation of bitcoin price is behind the growing derivatives market.
Researchers at Skew.com, a cryptocurrency data analysis platform, recently wrote on Twitter: "The open contracts of Bitcoin futures are rapidly rebounding to a record high." According to the chart provided by it, since the end of October 2020, the open contracts of bitcoin futures have been on the rise.
Since late October, the growth trend of open positions in bitcoin futures of various exchanges has come from Skew.com, where bitcoin derivatives transactions occupy a larger market turnover than spot transactions. According to The Paper’s understanding, in addition to spot trading, Bitcoin currently has leveraged trading, as well as derivatives trading such as futures contracts and option contracts. Among them, leveraged trading is also based on spot trading, so some insiders and exchanges do not regard it as cryptocurrency derivatives. However, this kind of transaction is also different from spot trading, which can be understood as the product type derived from spot trading and can achieve the effect that derivatives can achieve.Leveraged transaction: leverage ratio is 2-10 timesTo provide investors with short-selling opportunities.
Leveraged trading is a way for investors to trade assets with funds provided by third parties. In traditional financial markets, such as the stock market, leveraged trading is also called margin trading. Investors can borrow money from stock brokers to buy stocks or borrow stocks to sell them. In the cryptocurrency market, borrowed funds or cryptocurrency assets are usually provided by other users in the exchange.
Leveraged trading can be divided into long and short trading.
Take Bitcoin as an example. If investors expect the price of Bitcoin to rise, they need to borrow more stable coins in their hands to buy Bitcoin, and then sell them to earn the difference after the actual increase. For example, investors have 2000USDT (TEDA coin, a stable currency linked to the US dollar), which can be used as a security deposit. They can borrow 10000USDT with five times leverage, then buy bitcoin, sell it after the price of bitcoin rises, and return 10000 USD T. After that, the investor’s profit is five times that of buying and selling 2000USDT in bitcoin. Bears, on the other hand, if investors expect bitcoin prices to fall, borrow bitcoin and sell it immediately and buy it back after the market falls.
However, once the investor’s opening direction is opposite to the market trend and the market fluctuation exceeds a certain proportion, and the total assets of the user’s margin account are lower than the minimum margin requirement for leveraged trading, the exchange will force the sale of the assets mortgaged by the user to close the position, that is, "explode the position". For example, a bull with 5 times leverage, once the price of Bitcoin falls by more than 20%, multiplied by leverage is 100%, and the margin will be forced to close.
"Even less than 20% will pay off the debt, because leveraged trading has interest." A cryptocurrency market insider told the The Paper reporter.
Compared with conventional spot trading, leveraged trading means that investors can get more funds to amplify the trading results, so as to get more profits. Moreover, spot trading can only buy low and sell high, while leveraged trading provides investors with short-selling opportunities. At present, the leverage ratio of leveraged transactions in the market is generally 2-10 times.
"Leveraged trading actually allows some large holders of money to hedge against the foreseeable price drop without selling money," said an insider in the cryptocurrency market. "Constant arbitrage can meet the needs of long-term holders of money."
For example, he said, if a big money holder holding 1,000 bitcoins thinks that the price of bitcoin will drop by 5 points in the short term, and if it doesn’t move, there will be losses, so he can use 200 bitcoins as a margin to open five times of leveraged trading short, borrow 1,000 bitcoins to sell, and then buy them back after the price drops. In this way, it can make up for the losses caused by the price drop of the remaining 800 bitcoins.
Futures contract: the maximum leverage can reach 125 times.
In the traditional financial market, futures contracts are standardized contracts formulated by futures exchanges, which make uniform provisions on the expiration date of contracts and the types, quantity and quality of assets bought and sold. On this basis, the futures contracts in the cryptocurrency market have made some innovations. At present, they are divided into delivery contracts and perpetual contracts.
In the delivery contract, investors can judge the rise and fall, and choose to buy long contracts or sell short contracts to gain the gains from the rise or fall of cryptocurrency prices. The delivery contract of mainstream cryptocurrency exchanges generally adopts the mode of spread delivery, and the exchange will close all the open contract orders when the contract expires. At present, the delivery time of the delivery contract is the current week, the next week, the current season, the second quarter and so on.
The perpetual contract is an innovative derivative, similar to the delivery contract, except that the perpetual contract has no delivery date, and users can hold it all the time and close their positions independently. Therefore, the perpetual contract relatively lowers the professional investment threshold, and investors don’t need to consider the steps such as delivery and warehouse change, which is similar to the spot experience.
"A particularly big drawback of the perpetual contract is that the rate is settled three times a day and once every eight hours. If the amount of funds is huge, it will take a few ten thousandths of a day, and the number will be huge for one month in a row." The above cryptocurrency market insiders said.
In order to ensure the long-term convergence between the perpetual contract price and the spot target price, the exchange basically uses the capital rate method. The fund rate refers to the settlement of funds between all bulls and bears in the market. If the rate is positive, the bulls pay the funds to the bears. If it is negative, the short pays the long position. In this way, the demand of buyers and sellers for perpetual contracts is balanced, and the price of perpetual contracts is basically consistent with the price of the underlying assets.
Compared with leveraged trading, both delivery contracts and perpetual contracts are bullish and bearish, and leverage can also be used with margin at the bottom. However, leveraged trading like Bitcoin is to borrow a third party’s stable currency to do long or borrow bitcoin to short. Futures contracts are not the concept of "borrowing", but the long investors and short investors bet on each other, and the exchange plays an intermediary role in matching.
"Compared with pure spot leveraged trading, the utilization rate of funds is stronger." The above cryptocurrency market insiders said.
According to the above-mentioned cryptocurrency market insiders, if you make long futures contracts, as long as the leverage is low enough, and then use enough margin according to the self-considered bitcoin price limit, then as long as the market finally picks up, you will eventually make money.
"The contract also has its value. For those who really have a sense of risk control, the contract is a means to improve the utilization rate of funds, not as terrible as imagined." He said.
Futures contracts are the most traded derivatives at present. Compared with leveraged trading, the highest leverage of perpetual contracts and delivery contracts in mainstream exchanges can reach 125 times.
Option contract: At present, it accounts for about 1% of futures.
Option contract is a transaction of buying and selling rights, which stipulates the right to buy and sell a certain kind and quantity of primary assets at a certain time and at a certain price, and can be divided into call option and put option. In the cryptocurrency derivatives market, the trading logic of T-type quoted option contracts dominated by Deribit exchange is almost the same as that of option contracts in the traditional financial industry. All of them are European options, which can only be exercised on the expiration date. Investors can act as option buyers or options sellers.
The simple version of the new options (also known as short-term options) introduced by the currency security and other exchanges is simpler and faster. Investors only need to choose the expiration time and purchase quantity of options when purchasing options, and the exercise price changes in real time when placing an order, which is provided by the exchange. According to the product characteristics of different exchanges, it can be divided into European options and American options. Compared with traditional options, its maturity range is shorter, ranging from 5 minutes to 1 day. Investors can only play the game of option contract with the exchange as the buyer of option.
However, the disadvantage of the option contract is that the intrinsic value is not transparent enough, and the risk that investors need to bear as the counterparty of the option in the exchange is high, even if the price of the option is unreasonable, they cannot learn from it.
The above-mentioned cryptocurrency market insiders said that institutions, qualified investors, Hong Kong and the mining circle will recognize options more, "sometimes it is to hedge some ups and downs of the spot".
"For example, if I think Bitcoin may go up next, I will buy a 50% call option and then a 50% put option," he said. "In the middle, I think that after the trend is formed, I can stop the other one, so I won’t lose money, and I will always keep it."
Therefore, compared with other derivatives, there is no problem of short position in option contracts.
Gu Yanxi, the founder of American Liyan Consulting Co., Ltd. and a researcher in the blockchain and encrypted digital assets industry, told The Paper that compared with futures, the risk of options is smaller, because there are many options tools, and the biggest loss is only royalties, instead of collecting deposits on both sides like futures. As long as the position is in the opposite direction to the market direction, the margin will be collected or even closed if it exceeds the limit.
The above-mentioned cryptocurrency market insiders said that in the cryptocurrency market, options have not been fully developed, and now they are at a stage that has just started, accounting for about 1% of futures.
"Option contracts will gradually enter more and more professional traders, including with the obvious trend of institutionalization. After coming in, many institutional investors may be willing to choose some option tools that they are more familiar with to achieve price anchoring, or according to the logic of their long-term rise or fall. Therefore, more gameplay such as options or binary options may be developed." The industry insider said.
In addition to the above three products, the cryptocurrency market also has the transaction of leveraged tokens. In essence, it is a token with leverage function, which can provide the reward of multiple leverage of the underlying assets, and its function is similar to that of ETF(ExchangeTradedFund) in the traditional financial field.
Leveraged tokens do not need collateral and maintenance margin, nor do they need to worry about the risk of liquidation. Behind each leveraged token, there is a basket of subject matter positions. According to different products, the real target leverage ratio behind leveraged tokens is different. Leveraged tokens maintain the target leverage by increasing or decreasing the positions held by the underlying assets through the position adjustment mechanism of the exchange.
Risk: Without risk control, all bets are off if you win 9 and lose 1.
The high leverage ratio of derivatives not only brings high returns, but also means that the risk of short positions is higher in the market with sharp fluctuations, especially for futures contracts with the highest market share at present.
The above-mentioned cryptocurrency market insiders said: "For white users or newcomers who have just entered the market, this may be something that has entered the grave, especially those with strong gambling. If you open a futures contract of 100 times, if there is not enough margin, as long as it fluctuates up and down by 1%, it will die."
"You won nine times, but in the process of a plunge and a surge, you went in the wrong direction and everything was gone. As long as you don’t do a good job of risk control, you don’t know how to add margin, you don’t know how to divide the warehouse, how much money you earn, and the mental state of being unable to sleep will be very tormenting. " He said.
In addition to the investment risks of derivatives, Gu Yanxi believes that in the cryptocurrency market, there are also many risks for investors in non-compliant derivatives exchanges, such as internal operational risks, bankruptcy risks, and running risks.
"If the internal management process is not good, the storage place is stolen, or it is a security mechanism, and the private key of the cold wallet is not firmly stored, resulting in the partial loss or overall loss of the key. For example, a centralized exchange can rewrite its own books at will, and it can fill in unlimited positions, but users don’t know. " He said.
Due to the high volatility of cryptocurrency assets, it often leads to violent fluctuations in many derivatives markets such as leveraged transactions and contracts. The processing capacity of the exchange’s trading system is particularly critical. If users can’t close positions and add positions in time, it may cause huge financial losses. In addition, due to the opacity of derivatives trading, small derivatives exchanges may have evil behavior, which seriously damages the interests of investors.
Cryptographic currency derivatives exchange is in urgent need of compliance
Compliance of cryptocurrency derivatives exchange is imminent.
At the end of 2017, Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) launched bitcoin futures contracts; During the same period, LedgerX launched the first physical settlement bitcoin futures contract in the United States. In 2019, Bakkt also launched bitcoin futures and options contracts, which is the first bitcoin option derivative approved by the US Commodity Futures Trading Commission (CFTC).
In the current cryptocurrency market, only these four local exchanges in the United States are approved by the regulatory authorities and operate derivatives transactions in compliance. In terms of policy, the regulatory policies of cryptocurrencies in various countries are still vague.
Gu Yanxi told the The Paper reporter: "At present, the trading volume of these exchanges is relatively large, and they are all registered in some small places and operated in different places, such as Seychelles or the Bahamas. The specific personnel may be in Singapore and Hong Kong, because there is no strict requirement for supervision in the local operation. But now Singapore and Hong Kong will also start to supervise, and they will definitely apply for a license in the future, just like the mainstream derivatives exchanges. If there is this requirement, the transaction volume will definitely be hit very hard. "
Gu Yanxi also pointed out that at present, all exchanges use USDT as the main trading medium, but it is also a non-compliant dollar stable currency. Once the US government sues USDT and takes regulatory measures against it, the traffic in the derivatives market will also lose a lot, so it will be very risky.
(This article is from The Paper, please download the "The Paper" APP for more original information)
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[See you at 8: 00] Shanxi Jishan responded to the abandonment of relief supplies.

CCTV News:At 8 o’clock every day, CCTV will sort out the big and small things that happened around us within 24 hours.

The National Defense General launched a secondary emergency response to flood control in Beijing, Tianjin, Hebei, Shanxi and Henan.

Following "Du Surui", the Ministry of Agriculture and Rural Affairs deployed the defense work of Typhoon Kanu No.6 this year.

Ministry of Water Resources: No.1 flood occurred in Ziya River in Haihe River Basin in 2023.

The Central Propaganda Department and the Emergency Management Department jointly released the advanced deeds of "the most beautiful emergency management workers" in 2023.

The Ministry of Transport issued the Report on the Development of Marine Rule of Law in China.

Dalian reported 4 cases of inaction, inaction and chaos as typical cases.

Fujian electric power department urgently repaired and responded to "Du Surui", and over 80% of the damaged users have resumed power supply.

A red rainstorm warning was issued in Beijing, and the Forbidden City, Lama Temple, Summer Palace and Guobo were temporarily closed.

Baoding Flood Control and Drought Relief Headquarters: Do not go out unless necessary on July 31st.

Shanxi: Jingcheng Mining reported 40 accidents, 43 miners died and 16 public officials were investigated.

20 gold, 8 silver and 12 bronze, China swimming team ranked first in the gold medal list of Fukuoka Swimming World Championships.

Medvedev: If Russia loses its territory, it will have to use nuclear weapons.

Typhoon Du Surui has killed 16 people in the Philippines and affected more than 1.02 million people.

Russia said that Ukrainian drones attacked Moscow, causing damage to two office buildings and one injury.

Foreign media: Saudi Arabia will host talks on Ukraine and intends to invite many countries to participate in the peace agreement.

A strong storm in the Mariel Republic of Russia has killed seven people.

Arsenic-containing sewage from an excavation site in Hokkaido, Japan was leaked again during transportation.

Two small planes collided in the air in Wisconsin, USA, killing two people and injuring two others.

Yunnan Provincial Department of Culture and Tourism denied that "Yunnan announced the closure of tourist shopping stores around the country".

Shanxi Jishan responded to the abandonment of relief supplies: the relevant personnel were dealt with and Jingping Village was ordered to rectify.

Guangxi lost archivists talk about "being notified": I have not been retired as a staff member.

The anchor of goods in Yushan County, Shangrao, Jiangxi Province fictionally worked to earn money to treat his grandfather and was interviewed by the police.

A gang in Beijing tricked collectors into making VR videos at high prices, and the Beijing police arrested 7 people.

The 30-meter-high auxiliary police who jumped into the river to save people won the second-class honorary medal, and the Wuhan Public Security Bureau delivered the prize to the door.

The man took out 4000 yuan from someone else’s bank card and was praised by the police.

Shijingshan, Beijing reported that the road surface outside Jingxi Joy City collapsed: no casualties were caused.

Fujian Nan ‘an typhoon blew off the power line and the puppy was electrocuted. Good-hearted people were stationed for 2 hours to remind passers-by.

Guangzhou Chimelong Wildlife World: MengMeng, Shuai Shuai and Kuku, the only surviving giant panda triplets in the world, celebrated their 9th birthdays.

Don’t let the "study trip" become a "killing pig plate".

— — Jingchu. com comments on the problems of false propaganda, low price and high quality in the travel market

In the scorching sun, a minesweeper brigade of the navy in the southern theater organized a mine-sweeping exercise in a certain sea area. With the commander’s order, the minesweeper Hejian successfully detonated the mine.

In late July, female Tibetan antelopes who finished giving birth in Zhuonaihu Tibetan Antelope Aggregation, Hoh Xil, Qinghai, embarked on a journey of "returning home" with their young. Among them, Tibetan antelopes from the Sanjiangyuan area of Qinghai will go to their habitats through the Qinghai-Tibet Highway one after another.

"My college dream is round." Huang Zhen Yu, the first blind college entrance examination candidate in Fujian, was recently admitted to Jiangxi University of Science and Technology and will study broadcasting and hosting art. Huang Zhen Yu said that he would cherish his four years in college and strive to be admitted to the graduate school of his choice for further study.

See you at 8 o’clock tomorrow!

Mu Changchun, director of the digital currency Research Institute of the Central Bank: The central bank must speed up its pace and provide digital currency services

Reporter | Si Linwei
According to the 21st Financial Report, at the Innovation Summit of the Bank for International Settlements (BIS) held on March 25th, Mu Changchun, director of the digital currency Research Institute of the People’s Bank of China, said that in order to provide another backup or backup for the retail payment system, the central bank must speed up the pace and provide digital currency services.
In this meeting, many central bankers around the world, including Federal Reserve Chairman Powell, German central bank governor Weidemann, European Central Bank president Lagarde, current Bank of England governor Bailey and former Bank of England governor Carney, attended the meeting and delivered speeches. Studying the Central Bank digital currency (CBDC) is the core topic of this meeting.
As one of the top spokesmen of the US dollar system, the current Federal Reserve Chairman Powell is not enthusiastic about the attitude of the central bank digital currency. At the meeting of the Bank for International Settlements (BIS), he said: "We don’t have to rush the central bank digital currency, and the Federal Reserve doesn’t need to be the first central bank to launch the digital currency."
In contrast, China’s digital RMB has made rapid progress. On March 25th, as the second batch of pilot cities of digital RMB in China, some banks in Changsha have started to launch related businesses of digital RMB. At present, Changsha has realized a variety of scenarios to support digital RMB transactions, including public payment such as gas, and some consumption scenarios such as supermarkets, restaurants, long-distance passenger transport, gas stations, and postal express delivery and tourism.
Among the major central banks in the world, the layout of digital currency, the Bank of China, is very forward-looking and has made the fastest progress. Since 2014, the People’s Bank of China has set up a special team to conduct special research on digital currency’s distribution framework, key technologies, distribution and circulation environment and related international experience. By the end of August 2020, there were more than 6,700 ten-point scenes in China, with a total transaction volume of over 1.1 billion yuan and more than 3.12 million transactions.
With the continuous opening up of a batch of pilot cities, we can feel that the digital RMB is at the ready-to-go node, but the official launch time of the digital RMB is not clear at present. In May, 2020, Yi Gang, governor of the People’s Bank of China, said that the current pilot test of digital RMB is just routine work in the research and development process, which does not mean that digital RMB is officially launched, and there is no timetable for its official launch.
Digital RMB will coexist with electronic payment, but it will be more anonymous.
Regarding the technical features of digital RMB, Mu Changchun, director of digital currency Research Institute of the Bank of China, said at the China Development Forum on March 20th that in the foreseeable future, paper money, electronic payment and digital RMB will coexist. At the same time, the digital RMB is loosely coupled with the bank account, which can technically realize small anonymity. The protection of users’ privacy by digital RMB is the highest among the existing payment tools.
Mu Changchun said that the current payment tools, whether bank cards, WeChat or Alipay, are all tied to the bank account system, and the bank account is opened in real-name registration system, which cannot satisfy the anonymous appeal. Digital RMB is loosely coupled with bank account, which can technically realize small anonymity.
"The first meaning of controllable anonymity is anonymity, which should meet the needs of reasonable anonymous payment and privacy protection. The digital RMB wallet is designed by classification, and different levels of digital wallets are opened according to the degree of KYC (fully understanding your customers) to meet the different payment needs of the public. Among them, the wallet with the weakest KYC strength is an anonymous wallet, which can be opened only by using the mobile phone number. The balance and daily transaction limit of this kind of wallet are also the lowest, which can only meet the daily small payment needs. If you want to make a large payment, you need to upgrade your wallet, and the wallet balance and payment limit will increase with the strength of KYC. The consideration of this design is to meet the public’s reasonable privacy protection needs on the one hand, and to prevent the risk of large suspicious transactions on the other hand. " Mu Changchun explained.
Digital RMB still needs legal protection.
In addition to the technical pilot, the progress of digital RMB at the legal level has also attracted attention.
At present, regarding the definition of digital RMB, Mu Changchun, director of the digital currency Research Institute of the Central Bank, once explained that digital RMB is legal tender in digital form issued by the People’s Bank of China, operated by designated operating institutions and exchanged for the public. Based on the generalized account system, it supports the loose coupling function of bank accounts, is equivalent to paper money coins, has value characteristics and compensation, and supports controllable anonymity. The concept of digital RMB has two key points. One is that digital RMB is legal tender in digital form; Another point is that it is equivalent to paper money and coins. The digital RMB is mainly located in M0, that is, cash and coins in circulation.
On October 24th, 2020, the People’s Bank of China Law and the Draft for Comment, which were solicited by the People’s Bank of China, intended to expand the scope of RMB to include the digital RMB in the legal tender (Article 19).
In this regard, the special commentator of Phoenix Satellite TV and lawyer Jin Yan of Guangdong Oriental Jinyuan Law Firm told Interface News that there is only a short distance from the legal digital currency to achieve wide application, but there is still a long way to go in terms of laws and regulations. Before the large-scale spread of digital currency, it is inevitable to amend the law. But before that, digital currency needs to go through a lot of checks on legality. In order to circulate on a large scale, we need to solve the problem of its legal basis. "According to my judgment, in the revision of laws and legislation related to digital currency, the relevant departments will also follow the principle of’ equal treatment with real money’." Lawyer Jin Yan said.
First of all, we should solve the problem of correcting the name. For example, the first paragraph of Article 4 of the People’s Bank Law of China authorizes the People’s Bank of China to issue RMB on behalf of the country, manage the circulation of RMB, and exercise the right of currency issuance. Article 2 of the RMB Management Regulations states that the currency issued by the central bank according to law includes paper money and coins, and there is no legal tender in digital form. This means that according to the current law, there are only two physical forms of RMB: paper money and coins, excluding the intangible digital currency. Furthermore, there is no legal support for digital currency’s legal compensation. Therefore, it is urgent for digital currency to be granted legal status, otherwise it will be difficult to implement.
In addition, the issue of inheritance in the Civil Code implemented this year also involves legal digital currency. The inheritance part of the Civil Code has adjusted the scope of inheritable heritage, changing the "citizens’ income, houses, trees, cultural relics and copyrights" stipulated in the previous inheritance law into a "package" formulation-heritage is the personal legal property left by a natural person when he dies. Lawyer Jin Yan said that this general form of legislation made digital currency also classified as inheritable property.
The internationalization of digital RMB has been laid out in advance.
On January 16th, 2021, according to public reports, SWIFT, together with China People’s Bank Clearing Center, Cross-border Inter-bank Payment and Clearing Co., Ltd., digital currency Institute of the Central Bank and China Payment and Clearing Association, established Financial Gateway Information Service Co., Ltd., with Mu Changchun, director of digital currency Institute of the Central Bank, as one of the directors.
The shareholders of Financial Gateway Information Service Co., Ltd. are SWIFT, Clearing Center of China People’s Bank, Cross-border Inter-bank Payment and Clearing Co., Ltd., China Payment and Clearing Association and digital currency Research Institute of China People’s Bank in descending order.
SWIFT is a non-profit cooperative organization among international banks, headquartered in Brussels, Belgium, which mainly provides financial message network services for international financial business. Banks and other financial institutions complete financial transactions by exchanging messages with their peers through SWIFT network. It is the most important institution for international cross-border payment and settlement business at present.
On March 16th, according to the Cailian News Agency, Raymond Yue, President of the Hong Kong Monetary Authority, said that the HKMA and the digital currency Institute of the People’s Bank of China are studying the technical test of using digital RMB for cross-border payment and making corresponding technical preparations.
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Aspartame is controversial about cancer. How can I eat it if I want to reduce sugar?

  Recently, "Aspartame Carcinogenic" was listed in Weibo Hot Search. According to media reports, aspartame will be listed as "a substance that may cause cancer to human beings" by the International Agency for Research on Cancer under the World Health Organization in July this year. Aspartame is widely used in China, and it can be added to 12 kinds of food. People can’t help asking, can diet drinks still be drunk? What else can you eat with healthy sugar reduction?

  "In fact, aspartame, as a common synthetic sweetener, has been controversial for a long time and has been questioned about the possible neurotoxicity and cancer risk. However, years of scientific research have not really determined the carcinogenicity of aspartame. " Liu Xuemei, a clinical nutritionist in the Nutrition Department of the First Affiliated Hospital of Tsinghua University, said in an interview with Workers Daily: "We don’t have to panic. The rating of carcinogens is not equal to their risk. Many common food ingredients are listed as carcinogens, but we can still consume normally."

  Which foods contain aspartame?

  At present, according to the probability of cancer, the international agency for research on cancer divides the carcinogenic factors into five categories: category 1, which has confirmed carcinogenicity to human beings; Class 2A is likely to be carcinogenic to humans; Category 2B, which may cause cancer to human beings; Category 3, it is still uncertain whether it is carcinogenic to human body; Category 4, basically no carcinogenic effect on human body. According to the information disclosed by the media, aspartame will be classified as category 2B, which may cause cancer to human beings.

  As a sugar substitute, aspartame is very sweet, about 200 times as sweet as sucrose, and its calorie is only 200~300 times as high as sucrose. Because of its low calorie and high popularity, aspartame is widely used in food fields such as beverages.

  China has approved that aspartame can be used in cola, ice cream, ice cream, candied fruit, jam, bread, cakes, canned aquatic products, vinegar, salad dressing, concentrated soup, carbonated drinks, flavored fermented milk and many other foods. The most common is sugar-free carbonated drinks, and aspartame is also widely used in sugar-free chewing gum and sugar-free mints.

  Can you still drink sugar-free drinks?

  When discussing the safety of aspartame, dosage is an important consideration. The Committee of Scientific Experts (JECFA), jointly managed by FAO and WHO, has previously issued recommendations on the safe dosage of aspartame. According to this suggestion, a 60 kg person will have to drink more than 12 cans of diet coke every day before it will be affected.

  Zuo Xiaoxia, director of the Nutrition Department of the Eighth Medical Center of the General Hospital of the People’s Liberation Army, said that there is no need to be too alarmed and should be treated rationally. It is unscientific to talk about toxicity without dose. Although the mainstream research results have proved that aspartame is safe since it was discovered, it does not mean that aspartame can be eaten at will.

  "If you don’t consume a lot of products containing aspartame, then its risk may not be great." Liu Xuemei said: "In the past, the International Agency for Research on Cancer, a subsidiary of the World Health Organization, listed night shift work and red meat intake as possible carcinogens, and the use of mobile phones as possible carcinogens, similar to aspartame. In fact, aspartame is not used much in the products of many large companies, and there are other alternative sweeteners, so you don’t have to panic too much. "

  Sweeteners are not necessarily healthier than sugar.

  If you really want to drink sugar-free drinks, but you are worried about the carcinogenic problem of aspartame, Liu Xuemei suggested that you can choose to use other natural sweeteners, or fruits instead of artificial sweeteners, or you can give priority to some drinks that use safer natural sugars instead of sweeteners, such as mogrosides, stevioside and erythritol from natural plants.

  Liu Xuemei said that the following kinds of sugars can be safely selected: sugars with "glycosides", such as stevioside and mogroside, are all from natural plants; Sugar with "poly", such as fructooligosaccharide, polyglucose, xylooligosaccharide, yeast β -Dextran, Galactooligosaccharide, Oat β -Dextran, isomaltooligosaccharide, inulin, stachyose; Sugar with "ketone", such as isomaltulose, isomaltulose alcohol and psicose; Sugar with "alcohol", such as erythritol (which exists in plants such as seaweed and mushrooms and is less likely to cause sugar fluctuation in vivo than xylitol), maltitol, isomaltol, lactitol, xylitol and sorbitol. In addition, there are some sugars with special functions, such as L- arabinose, which can inhibit the conversion of sucrose into fructose and glucose, thus reducing the digestion and absorption of sugar.

  Judging whether a food is healthy or not? The key is to learn to look at the ingredient list and nutrient composition list.

  Liu Xuemei said that attention to health should be paid to reducing the intake of various sweets from childhood, and perhaps the best choice is not to drink sugary drinks and sweetening drinks. "From a health point of view, whether it is sugary drinks or sweetening drinks, try to drink as little as possible, and try to choose healthier drinks such as boiled water, moderate coffee, light tea or sugar-free soda water."

  Kai Zhong, director of Kexin Food and Health Information Exchange Center, reminded that sweeteners are not diet pills, but only an option to reduce sugar. Consumers who need to reduce sugar should drink more water, not or less sugary drinks. If they especially like sweet drinks, it is a better choice to choose sugar-free and low-sugar products. However, there is no shortcut to weight control. If you eat too much, you have to exercise more.

  As we all know, too much sugar intake is harmful to health, so sugar substitute is becoming more and more popular. However, with the extensive use and in-depth research of sugar substitute, the potential risks of various sugar substitutes have also been exposed.

  Professionals remind that consumers need to keep a clear head and look at the problem rationally with a scientific eye on the news that aspartame is listed as a carcinogen. Although it has not been confirmed by the official authority and specific suggestions, with the emergence of new research, it is believed that the authority will make corresponding adjustments.

The central bank announced that it would cut interest rates.

On the evening of September 27th, the central bank issued an announcement, lowering the convenient interest rate of standing loan by 20 basis points, and adjusting the convenient interest rates of standing loan overnight, 7 days and 1 month to 2.35%, 2.50% and 2.85% respectively.

Recently, the central bank released a series of good news.

On the morning of September 27th, the central bank announced that the People’s Bank of China adhered to a supportive monetary policy stance, increased the intensity and accuracy of monetary policy regulation, and created a good monetary and financial environment for China’s stable economic growth and high-quality development. The People’s Bank of China has decided to reduce the deposit reserve ratio of financial institutions by 0.5 percentage points from September 27th, 2024 (excluding financial institutions that have implemented the 5% deposit reserve ratio). After this reduction, the weighted average deposit reserve ratio of financial institutions is about 6.6%.

On the same day, the central bank announced that in order to strengthen the countercyclical adjustment of monetary policy and support stable economic growth, the operating interest rate of 7-day reverse repurchase in the open market will be adjusted from the previous 1.70% to 1.50% from September 27.

In addition, the central bank released the financial market operation in August 2024:

August 2024

Operation of financial markets

Bond market issuance

In August, the bond market issued a total of 7,398.39 billion yuan of various bonds. Treasury bonds issued 1,593.27 billion yuan, local government bonds issued 1,199.62 billion yuan, financial bonds issued 1,132.90 billion yuan, corporate credit bonds issued 1,378.91 billion yuan, credit asset-backed securities issued 13.10 billion yuan, and interbank certificates of deposit issued 2,050.39 billion yuan.

73983.9

hundred million yuan

debenture issue

15932.7

11996.2

11329.0

hundred million yuan

hundred million yuan

hundred million yuan

national debt

Local government bonds

financial bonds

13789.1

131.0

20503.9

hundred million yuan

hundred million yuan

hundred million yuan

Corporate credit bonds

Credit asset-backed securities

Interbank deposit slip

By the end of August, the balance of custody in the bond market was 167.9 trillion yuan. Among them, the inter-bank market custody balance was 147.3 trillion yuan, and the exchange market custody balance was 20.6 trillion yuan. In terms of types of bonds, the balance of custody of government bonds was 32.3 trillion yuan, that of local government bonds was 43.2 trillion yuan, that of financial bonds was 40.0 trillion yuan, that of corporate credit bonds was 32.6 trillion yuan, that of credit asset-backed securities was 1.2 trillion yuan, and that of interbank deposit certificates was 17.3 trillion yuan. The balance of over-the-counter bond custody of commercial banks was 89.11 billion yuan.

167.9

Trillion yuan

Bond market custody

32.3

43.2

40.0

Trillion yuan

Trillion yuan

Trillion yuan

national debt

local government

bond

financial bonds

32.6

1.2

17.3

Trillion yuan

Trillion yuan

Trillion yuan

Corporate credit bonds

Credit asset-backed securities

Interbank deposit slip

Counter bond custody of commercial banks

89.11 billion yuan

1. Including non-financial corporate debt financing instruments, asset-backed notes, corporate bonds, corporate bonds, exchange asset-backed securities, etc.

Operation of bond market

In August, the cash transactions in the inter-bank bond market reached 28.8 trillion yuan, with an average daily turnover of 1,310.95 billion yuan, down 1.6% year-on-year and 16.9% quarter-on-quarter. A single transaction with a turnover of 5-50 million yuan accounts for 51.1% of the total turnover, while a single transaction with a turnover of more than 90 million yuan accounts for 42.8% of the total turnover, with an average turnover of 41.588 million yuan. In the bond market of the exchange, the turnover of spot bonds was 3.1 trillion yuan, with an average daily turnover of 142.11 billion yuan. There were 81,000 transactions of bonds in the over-the-counter market of commercial banks, with a turnover of 58.15 billion yuan.

Cash transactions in the inter-bank bond market

28.8

Trillion yuan

Average daily turnover

13109.5

hundred million yuan

Decrease year-on-year

1.6%

Ring reduction

16.9%

Cash transactions in the exchange bond market

3.1

Trillion yuan

Average daily turnover

1421.1

hundred million yuan

Transaction of bonds in over-the-counter market of commercial banks

581.5

hundred million yuan

Number of transactions

81,000 pens

Opening of the bond market to the outside world

By the end of August, the custody balance of overseas institutions in China bond market was 4.56 trillion yuan, accounting for 2.7% of the custody balance in China bond market. Among them, the custody balance of overseas institutions in the inter-bank bond market was 4.52 trillion yuan; In terms of types of bonds, overseas institutions hold 2.28 trillion yuan of government bonds, accounting for 50.4%, 1.12 trillion yuan of interbank deposit certificates, accounting for 24.8%, and 0.95 trillion yuan of policy bank bonds, accounting for 21.0%.

Overseas institutions: 4.56 trillion yuan

Accounting for 2.7%

China bond market

Custody balance

Operation of money market

In August, the interbank lending market traded 9.1 trillion yuan, a year-on-year decrease of 30.4% and a quarter-on-quarter decrease of 4.7%. Bond repurchase transactions reached 143.9 trillion yuan, down 15.5% year-on-year and 2.7% quarter-on-quarter. The repurchase transaction of exchange standard bonds was 44.7 trillion yuan, an increase of 9.7% year-on-year and a decrease of 5.8% quarter-on-quarter.

Interbank

Interbank lending market

9.1

Trillion yuan

30.4%

Decrease year-on-year

Ring reduction

4.7%

Bond repurchase

143.9

Trillion yuan

15.5%

Decrease year-on-year

Ring reduction

2.7%

exchange

Standard bond repurchase

44.7

Trillion yuan

9.7%

Increase year-on-year

Ring reduction

5.8%

In August, the weighted average interest rate of interbank lending was 1.77%, a decrease of 4 basis points from the previous month; The weighted average interest rate of pledged repo was 1.79%, a decrease of 3 basis points from the previous month.

1.77%

Ring reduction

4 basis points

inter-bank borrowing

Weighted average interest rate

1.79%

Ring reduction

3 basis points

Pledged repurchase

Weighted average interest rate

Operation of bill market

In August, the amount of commercial bill acceptance was 2.9 trillion yuan, and the amount of discount was 2.2 trillion yuan. By the end of August, the accepted balance of commercial bills was 18.8 trillion yuan, and the discounted balance was 14.0 trillion yuan.

trade bill

honour

trade bill

discount

August

Amount of occurrence

2.9 trillion yuan

2.2 trillion yuan

As of the end of August

balance

18.8 trillion yuan

14.0 trillion yuan

In August, there were 102,000 small and medium-sized enterprises that issued bills, accounting for 93.1% of all ticket signing enterprises, and the amount of ticket signing by small and medium-sized enterprises was 2.1 trillion yuan, accounting for 71.4% of all ticket signing. There were 111,000 small and medium-sized enterprises discounted, accounting for 96.4% of all discounted enterprises, and the amount of discount was 1.7 trillion yuan, accounting for 77.0% of all discounted enterprises.

102,000 small and medium-sized enterprises issuing bills

All ticket signing enterprises

Accounting for 93.1% of all ticket signing enterprises.

The amount of ticket signing for small and medium-sized enterprises was 2.1 trillion yuan.

Amount of all tickets signed

Accounting for 71.4% of the total ticket signing amount.

Discount 111,000 small and medium-sized enterprises.

All discount enterprises

Accounting for 96.4% of all discount enterprises.

The discount amount of small and medium-sized enterprises is 1.7 trillion yuan.

Total discount amount

Accounting for 77.0% of the total discount amount.

Operation of the stock market

At the end of August, the Shanghai Composite Index closed at 2,842.2 points, down 96.5 points from the previous month or 3.3%. The Shenzhen Component Index closed at 8348.5 points, down 405.6 points from the previous month or 4.6%. In August, the average daily trading volume of Shanghai Stock Exchange was 257.96 billion yuan, a decrease of 12.7% from the previous month. The average daily trading volume in Shenzhen was 337.07 billion yuan, a decrease of 5.6% from the previous month.

Shanghai index

2842.2

point

Drop

3.3%

compare the numbers with the prior period of the same length

Down 96.5 points

Deep syndrome into finger

8348.5

point

Drop

4.6%

compare the numbers with the prior period of the same length

Down 405.6 points

Shanghai stock market

Average daily trading volume

2579.6

hundred million yuan

Ring reduction

12.7%

Shenshi

Average daily trading volume

3370.7

hundred million yuan

Ring reduction

5.6%

Structure of holders in the inter-bank bond market

By the end of August, there were 4,014 corporate members in the inter-bank bond market, all of whom were financial institutions. According to the statistics of corporate institutions, there are 2,094 holders of debt financing instruments of non-financial enterprises. From the scale of debt holding, the top 50 investors hold 50.4% of the debt, mainly concentrated in Public Offering of Fund (asset management), large state-owned commercial banks (self-operated) and trust companies (asset management); The top 200 investors held 83.5% of the debt. The maximum, minimum, average and median number of holders of debt financing instruments of a single non-financial enterprise are 88, 1, 13 and 13 respectively, and the number of debt financing instruments of non-financial enterprises with less than 20 holders accounts for 87%.

Top 50

investor

Debt holding ratio

50.4%

Top 200

investor

Debt holding ratio

83.5%

In August, from the perspective of transaction scale, according to the statistics of corporate institutions, the top 50 investors in debt financing instruments of non-financial enterprises accounted for 60.8%, mainly concentrated in securities companies (self-operated), fund companies (asset management) and joint-stock commercial banks (self-operated), and the top 200 investors accounted for 90.5%.

Top 50

investor

Transaction proportion

60.8%

Top 200

investor

Transaction proportion

90.5%

2. Self-operated investors and valet investors shall be counted separately, the same below.

Original title: "Central Bank Announces: Interest Rate Reduction"

Read the original text

Realize the benign interaction between high-quality development and high-level security.

  [Thoroughly study and implement the spirit of the Fifth Plenary Session of the 19th CPC Central Committee]

  Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has attached great importance to the issues of development and security, and constantly promoted the same-frequency resonance and benign interaction between them under the top-level design of the overall national security concept. The Central Committee of the Communist Party of China’s Proposal on Formulating the 14th Five-year Plan for National Economic and Social Development and the Long-term Target for the Year 2035, which was deliberated and adopted by the Fifth Plenary Session of the 19th CPC Central Committee, incorporated overall development and security into the guiding ideology of China’s economic and social development during the 14th Five-Year Plan period, and made strategic arrangements in a special chapter. Under the historical background of the great changes in the world in the past century and the strategic overall situation of the great rejuvenation of the Chinese nation, it is increasingly prominent and necessary to make overall plans for the two major events of development and security.

  Overall planning for development and security, which runs through all historical periods of the Communist Party of China (CPC)’s revolution, construction and reform, is an important embodiment of the Communist Party of China (CPC) people’s initial intention and mission, and has clear and profound logical connotation. In 1933, Comrade Mao Zedong pointed out in the article "Must Pay Attention to Economic Work" that "the fierce development of the revolutionary war requires us to mobilize the masses, immediately carry out movements on the economic front, and carry out various necessary and possible economic construction undertakings", profoundly expounded the purpose and significance of economic construction in the red areas during the revolutionary war, and scientifically discriminated "it is impossible to carry out economic construction in the revolutionary war environment" and "it is thought that economic construction is the center of all tasks at present, but neglected" In the mid-1960s, the CPC Central Committee made a major strategic decision of "third-line construction", which was still based on the comprehensive consideration of development and security. Since the reform and opening-up, the CPC Central Committee has always focused on the relationship among reform, development and stability, and put forward that reform, development and stability are the driving force, purpose and premise of socialist modernization respectively, emphasizing the need to persist in unifying the intensity of reform, the speed of development and the degree of social tolerance, promoting reform and development while maintaining social stability, and promoting social stability through reform and development, which highlights the ideological background of overall development and security.

  History illuminates reality. At present, China has entered the stage of high-quality development, and high-quality development is not limited to the economic field, but also covers all fields of the development of the party and the state; The connotation and extension of security are richer than any period in history, the space-time field is broader than any period in history, and the internal and external factors are more complicated than any period in history. At the same time, although China’s development has many advantages and conditions, the problem of insufficient development imbalance is still outstanding. The profound changes in the domestic and international environment have brought a series of new opportunities and challenges. At present and in the future, all kinds of contradictions and risks are prone to occur in China, and all kinds of foreseeable and unpredictable risk factors are obviously increasing. It is against this background that General Secretary of the Supreme Leader pointed out: "Insist on making overall plans for development and security, pay equal attention to development and security, realize the benign interaction between high-quality development and high-level security, not only enhance the national security strength through development, but also deepen the innovation of national security ideas, systems and means, create a security environment conducive to economic and social development, give more consideration to security factors in development, and strive to achieve a dynamic balance between development and security."

  To achieve high-quality development and high-level safety in a broader and deeper level, we need to grasp the following aspects.

  First of all, safety is the premise of development, and a high level of safety guarantees the sustainability of development. Our development adheres to the fundamental position of taking the people as the center. In the final analysis, national security work is also to protect the interests of the people. High-quality development is fundamentally consistent with high-level security. At the same time, promoting innovative development, coordinated development, green development, open development and shared development is based on national security and social stability. Without security and stability, all development is impossible; Any development at the expense of safety is difficult to sustain and is not real development. For quite a long time to come, all kinds of risks we are facing may accumulate and even be exposed in a concentrated way, including domestic economic, political, ideological and social risks and risks from nature, as well as international economic, political and military risks. At the same time, all kinds of contradictory risk challenge sources and contradictory risk challenge points are intertwined and interact with each other. If we fail to prevent and respond effectively, it will be transmitted, superimposed, evolved and upgraded, and even delay the historical process of building a socialist modern country in an all-round way. Therefore, to achieve a high level of security requires us to implement the overall national security concept, adhere to the organic unity of political security, people’s security and the supremacy of national interests, take people’s security as the purpose, take political security as the foundation and economic security as the foundation, defend national sovereignty and territorial integrity, prevent and resolve major security risks, and provide strong security guarantee for realizing the great rejuvenation of the Chinese nation.

  Secondly, development is the guarantee of security, and high-quality development is the greatest security. From a poor and weak country, China has developed into a great country that has created a miracle of rapid economic development and long-term social stability that is rare in the world. Every step forward, it always relies on development to solve various problems encountered in the journey. To enter a new stage of development and achieve high-quality development, we must adhere to the general tone of striving for progress through stability, take promoting high-quality development as the theme, take deepening supply-side structural reform as the main line, take reform and innovation as the fundamental driving force, and take meeting the people’s growing needs for a better life as the fundamental purpose, speed up the construction of a modern economic system, accelerate the construction of a new development pattern with the domestic macro-cycle as the main body and the domestic and international dual-cycle promoting each other, promote the modernization of the national governance system and governance capacity, and achieve economic stability and social stability.

  Thirdly, to realize the benign interaction between high-quality development and high-level safety, we must adhere to the scientific thinking method. On the one hand, we should establish a systematic concept, be good at studying the movement and development of things from the overall situation and the connection and combination of factors, comprehensively consider the relationship between development and security from the holistic perspective, realize that there is neither a pure development problem nor a pure security problem, and focus on consolidating the foundation, promoting advantages, supplementing shortcomings and strong and weak items, so as to realize the unity of development quality, structure, scale, speed, efficiency and security. On the other hand, we should stick to the bottom line thinking, strengthen the risk awareness, estimate the difficulties more fully, think about the risks more deeply, run the safe development through all fields and the whole process of national development, be good at taking precautions and preventing the slow progress, and ensure the smooth progress of socialist modernization.

  (Author: Xiao Bin, Associate Professor of School of Marxism, Xiamen University, and invited researcher of Socialism with Chinese characteristics Theoretical System Research Center, Fujian Province)