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Volleyball synthesis: the men’s volleyball team beat Japan 3-2 to qualify in a favorable position.

  Xinhuanet Beijing August 14th Olympic Special (Reporter Shi Chundong Yi Ling) On the evening of 14th, China men’s volleyball team beat the old enemy Japanese team 3-2, occupying a favorable qualifying position in the group.

  Twenty years after bidding farewell to the Olympic Games, China Men’s Volleyball Team entered the Olympic Games directly as the host. At present, the Japanese team ranks 12th in the world, and the China men’s volleyball team ranks 21st. In recent years, the records of the Chinese and Japanese teams have been evenly divided.

  The 12 teams of men’s volleyball team in Beijing Olympic Games were divided into two groups to compete. Of the six teams in each group, the top four entered the top eight.

  In Group A, China’s men’s volleyball team won the Venezuelan team narrowly, and only after winning the Japanese men’s volleyball team can it be expected to qualify. If you lose this game, it will be extremely difficult to win against the United States and Italy.

  The game started at 20 o’clock that night, and more than two hours before the start of the game, the audience poured into the Capital Gymnasium. China men’s volleyball team was so powerful at home that it was deafening with the support of more than 12,000 spectators.

  The starting lineup of China Men’s Volleyball Team is Shen Qiong, Cui Jianjun, Bian Hongmin, Yu Dawei, Yuan Zhi and Jiao Shuai.

  The China team didn’t start as nervous as expected. Yuan Zhi’s diagonal smash and Cui Jianjun’s serve scored the goal, and the team entered the state quickly. In the second timeout, China led by 7 points. The Japanese team wanted to defend on the Internet, but the opponent’s heavy artillery was too strong. Japan made a mistake of 12 points in the first game. On the 16th, Yujie Ishishima served out of bounds and introduced the game into the game. Japan made another mistake: 25: 20.

  China continued to exert his strength in the second game. In the second timeout, China led by two points. In this game, all the points of the China team were fully alive, and many good balls were played, and the players were very excited. China led by 3 points into the inning, but the Japanese team almost caught up with it by one point. Experienced Zhou Jianan called for a time-out to curb the opponent’s counter-offensive momentum. Yuan Zhi brought the game into the inning, and Yu Dawei took the lead at No.2: 25: 23.

  The Japanese team that lost the game didn’t sink. In the third game, it changed its passivity, strengthened the supervision of China’s main attack and response, and focused on man-to-man interception. Score 7 points in a row in the middle game. As long as the China team attacked, they were stopped by their opponents, and Ren Qi, a free man, flew to save the ball, which was very tragic. Fourth inning: 17: 25.

  In the deciding game, Zhou Jianan arranged for the new face to attack Fang Yingchao and the veteran to attack Shi Hairong in the third and fourth games. The score was 2: 3, and Chinese captain Shen Qiong killed again at No.4, followed by a one-man block. The China men’s volleyball team suddenly burst into unprecedented strength. Fang Yingchao became a top player on the Internet. At 9: 8 stalemate, his 3-position fastball and serve directly stimulated the team’s fighting spirit. The China team completely controlled the opponent with three blocks, and at 14: 10, Fang Yingchao’s 4-position winner sealed the victory.

  "Win China! China will win "cheers, China boys embrace together, excited to shout.

  Zhou Jianan, head coach of China Men’s Volleyball Team, said in an interview with Xinhua News Agency: "Today, the China team played its best level since the team was formed, and walked out of the strange circle of winning first and then losing for many years. The fighting spirit has been played out. At a critical time, I boldly launched a new face, which made my opponent very uncomfortable. This is also a reason for winning. "

  China men’s volleyball team will also play against the United States and Italy in the group stage.

Editor: Wang Yuxi

Go to the grassroots in the Spring Festival and stick to it for a better reunion —— A note on the New Year’s Eve run of Shenzhen Express Takeaway Brother

  Xinhua News Agency, Shenzhen, January 22nd Title: Stick to it for a better reunion — — Shenzhen Express Takeaway Brother’s New Year’s Eve Running List

  Xinhua News Agency reporter Zhao Ruixi

  In the early morning of New Year’s Eve, Yang Lei went out on his electric car and was busy collecting and dispatching parts in several communities in Shenzhen Nanshan Science and Technology Park. This is his 17th year as a courier. He can’t remember how many times he received the delivery on New Year’s Eve. "After working as a courier, he didn’t go back to his hometown for the New Year."

  On the morning of January 21st, at the gate of the residential area to be delivered, Yang Lei moved the boxes of express delivery out of the car. (Photo by Xinhua News Agency reporter Liang Xushe)

  "My wife and two children are in Shenzhen. Many younger brothers’ families are not around, giving them the opportunity to go home. " Yang Lei said, "The company will also give rewards for going to work during the Spring Festival, and give compensatory time off after the holiday. My wife works in a supermarket and also works during the Spring Festival. Both children are in junior high school, they can understand us, and they can also heat their own meals and take care of themselves. "

  This year, SF Express, where Yang Lei is located, set up a special incentive package and warm-hearted care activities for the Spring Festival totaling more than 400 million yuan to encourage employees to stick to their posts.

  Yang Lei told reporters that the peak of receiving and dispatching parts is before the Spring Festival, and the workload during the Spring Festival is not too heavy. He, who is usually responsible for receiving and dispatching office buildings, went to support the receiving and dispatching work of residential quarters during the Spring Festival. In the four hours in the morning of New Year’s Eve, he received more than 80 tickets. "Under the superposition of various incentives, the Spring Festival can earn more than 10,000 yuan this month."

  On the morning of January 21st, Yang Lei (former) was busy sorting express delivery. (Photo by Xinhua News Agency reporter Liang Xushe)

  Near noon, Yang Lei was almost busy with the delivery task in the morning. At this time, Shen Jinfeng, a takeaway rider in Longhua District, got busy and rode his electric car between the restaurant and the community.

  In 2021, Shen Jinfeng joined the US Mission and became a full-time takeaway in Longhua Minzhi District. He said: "Takeaway is an industry with more work and more rewards. As long as you are willing to pay, you will get a reward." In order to earn more money, he has chosen to stay alone in Shenzhen to deliver meals during the Spring Festival for two consecutive years.

  Meituan has invested more than 500 million yuan this year as a subsidy for riders to stabilize their posts during the Spring Festival, including the subsidy for staying in the post, the red envelope for starting the Spring Festival, the red envelope for duty, and the subsidy for stepping back to work.

  On New Year’s Eve, there were not many take-away orders. Until 1 pm, Shen Jinfeng sent out a total of 10 takeaways. "Although there are not many orders, the delivery fee per order is much higher than usual. I earned more than 9000 yuan in the Spring Festival last year. This year’s Spring Festival will get all kinds of rushing rewards, and you can earn more than 10,000 yuan. " Shen Jinfeng said, "earn more money and go back to your hometown in Anhui on the fifteenth day of the first month to reunite with your family."

  In addition to strengthening the incentive mechanism for enterprises, the government has also taken action. Years ago, the relevant departments in Shenzhen made it clear that the express delivery and take-out during the Spring Festival would be subsidized by the municipal finance for each order in 1 yuan. Front-line workers in construction, tourism, sanitation, manufacturing and other industries can also receive corresponding government subsidies.

  "Although the Spring Festival is not around my family, I am very happy to deliver the meal to the guests in time so that they can have a hot meal and have a happy year." Shen Jinfeng said.

  Yang Lei said that nowadays, the society generally recognizes the courier brother more. During the Spring Festival, it is still relatively happy to ensure that residents receive the needed items in time and have a good year. "A package sent every day conveys a love." He said.

  They are the epitome of tens of thousands of little brothers who stay deep in the post during the Spring Festival, contributing to the better reunion of others and working hard for their own better reunion. Shen Jinfeng said: "I believe that the good days are still behind!"

Eddie Peng Yuyan: After filming The Rescue, I don’t even want to swim now.

  The film The Rescue is the fourth cooperation between Lin Chaoxian and Eddie Peng Yuyan. In every previous cooperation, both of them constantly challenged the limits with the support of each other. When they co-produced Guild Wars for the first time, Eddie Peng Yuyan was trained as a professional boxer, and it took him three months to learn Thai boxing, lock technique and Brazilian Jiu Jitsu. When shooting against professional boxers, I hope to "convince the audience". In the second collaboration of Breaking the Wind, Eddie Peng Yuyan participated in training for four months, and during the training and filming process, he rode over 110,000 kilometers, almost three times around the earth. In the third collaboration with operation mekong, the challenge between Lin Chaoxian and Eddie Peng Yuyan rose to a new height again. When shooting, Lin Chaoxian was even accidentally bitten by a six-inch centipede, while Eddie Peng Yuyan was fighting with a real gun, and every action instruction was close to reality. This time in The Rescue, they will challenge the "water play" which is recognized as difficult to shoot all over the world. The Rescue is the first Chinese-language film about maritime rescue, which is based on real maritime rescue events. Eddie Peng Yuyan said that the director has changed from "Devil Forest" and "Explosion Forest" to "Monster Forest".

  As soon as the director looked for me, he came to shoot.

  Q: Why did you take on The Rescue? The shooting conditions are very difficult. What mental preparations did you make before taking the show?

  Eddie Peng Yuyan: Director Lin Chaoxian came to me as soon as he asked me. I knew that filming the director’s play would be particularly interesting and enjoyable, and of course there would be certain challenges and difficulties. That’s why I wanted to shoot the director’s play, so I was ready long ago. I just didn’t expect that I was not prepared enough this time. Every day when I arrived at the scene (shooting for 8 months), it was a variety of difficulties, which was very challenging, and it was an unprecedented surprise both physically and mentally.

  Q: You play the captain of the Maritime Secret Service. How much do you know about the real salvage team?

  Eddie Peng Yuyan: My name is Gao Qian in the play, and I am the captain of the Maritime Secret Service. He is a man with great courage, experience and a strong sense of responsibility. He has performed many tasks and saved many people.

  Before shooting, the director showed us some information about the rescuers, so we would know their lives and train with them. We were like friends. They all look like ordinary people, but when they receive the task, they are completely different. Once when they were on a mission, I followed them. You can’t imagine these ordinary people hanging on the helicopter, and you will feel as if they were in another world. As salvage team members, they need extra concentration to save another life, because sometimes, you have to give up something to save other people’s lives. You can only save two people in the water for three to five minutes, but there are twenty or thirty people around. What do you do? This is what they have to face. They have to face the human tragedy every day when they go to work, and they have to be a normal person when they get home. If they don’t have faith, they can’t do it. This is what the director wants to talk about in this play. We also experienced it ourselves and found out how great they are.

  Rescuers are giving "hope of life" to others. They are faced with the tragedy of life. Without faith and firm heart, there is no way to meet and complete the task. In this profession, they must have enough courage and faith to forget themselves and their own lives to save others.

  Q: Did you find it challenging to play your father for the first time in The Rescue?

  Eddie Peng Yuyan: I think it is very difficult for the director to give me this role. The director is very interesting. He knows that I am a single-parent family, so it takes me a lot of time to convince myself that there is no father in my life. Thank you very much for giving me this role. The actor who plays my son is very smart and cute. It is natural and great to act with him. Because the child is very real, he can recite his lines by heart and act naturally. I also hope to keep this innocence and nature when acting with him. Directors and screenwriters have done a lot of homework in advance to understand the lives of rescuers. Family is also very important for rescuers, which should be an important reason to support them to be so brave and responsible. Maybe everyone thinks this is an action movie, but I think it is actually a drama full of love.

  Being abused by all kinds,

  Every time you go into the water, you should be mentally prepared.

  Q: What scenes impressed you the most in this shooting?

  Eddie Peng Yuyan: There are many scenes that impressed me the most, usually the first time is the most unforgettable. For example, the first time I was blown up by fire, I was blown up in a fire of 600 to 700 degrees Celsius, and I thought it was all right several times. As a result, I was going to be blown up by water later. After the explosion, the director said excitedly, "Eddie was finally blown up by me with water." Before, I didn’t know that water could be used to fry people, but the next day after the frying, it was hung in the air for a day, until it was almost vomiting. But it’s also quite enjoyable, because the real shooting is hung on the helicopter, and the height is very high, so it’s also unforgettable. I thought it was all right when I came down, and then I had to flood with fire, and then I flooded with water, so this time it was all kinds of experiences, basically all kinds of "abuse". This is the director’s style, and he just likes to "abuse" artists. But in fact, actors can get a lot of nutrients in this process, which is also the reason why we fall in love with the director, so that we can make a very unforgettable play.

  Q: Are all the security measures in The Rescue in place this time?

  Eddie Peng Yuyan: Yes, of course, there’s still a possibility. Although I’ve tried all the heat insulation suits, after all, the fire is at least 300 degrees Celsius, and my whole fire protection suit is on fire, but that’s what I want to feel when shooting. Although I am fully armed, I am still afraid, and I can still feel my skin burning. I am still afraid if I shoot like this every day and I am suspended every day. Moreover, when I finally get into the water, the water temperature is 6 degrees Celsius. I didn’t think I could make it. It was really cold.

  I think I am the kind of actor who is not afraid as long as I have the conditions to do it, but I really have to prepare myself before going into the water every day to make this film, because the water is too cold and there are chemicals in it. There are many things in the play that I need to take off my equipment. Without goggles, chemicals will get into my eyes and I can’t open them. Those photographers wear goggles when they go into the water. When they take them off, they can’t stand the water flowing into their eyes. They should always wash them. But I soak for more than ten hours every day, and I may stay for 15 minutes at a time, because it is too cold. Wash your eyes every day, and at the end, your eyes will always shed tears and your eyes will be red. The director is also distressed, so he will go down to accompany me. After filming this play, I don’t want to swim until now, and I feel that the quota of touching water has been used up this year.

  Q: Did you get any serious injuries this time?

  Eddie Peng Yuyan: I drowned several times. One scene that impressed me most was that I was hooked by Weiya in Mexico, and then I was pushed under the bottom of the pool. Everyone is scared, and I can’t get out. I found that the Viagra that tied me was stuck on the base of the truck, and the rescue team had not come to save me. So I thought that I would save myself first, and I would find out if I had any tools to cut the rope, but I couldn’t open it. Later, I found the hook point, untied the rope desperately, and then came out. The director kept saying, "Are you all right? Are you all right?" I said to have a rest. Because the rope was too tight to open, I tried my best to pull it. My nails were all lifted and my hands were cracked. The director was scared. This was the most horrible thing.

  Another time, I was in the water, and my oxygen bottle was running out of gas, so I could only suck eight spare cylinders. The deeper the water pressure, the more I sucked, so I had to save my eight mouths every time. Later, I took a long shot, and the rescue team had to withdraw far away. When I finished swimming back, my oxygen bottle was out of gas and I couldn’t find the spare cylinders, so I held my breath to find an exit. This kind of situation often happens. I always think I am a good swimmer, but when you are really more than ten meters underwater, it is completely different from you in the swimming pool, and we carry a lot of lead on us, so I can’t float. Coupled with the water temperature of 6℃, I feel like I am in the freezer.

  Looking back on filming the scene in the water now, I will be scared. I remember that after shooting those scenes, we went to dinner, and the local staff in Mexico would take the initiative to greet me and praise me. Friends of our rescue team told me that local rescuers felt that this was beyond the ordinary people’s ability. Many people couldn’t believe that we China actors went down to shoot by ourselves, and foreign countries went to that scene to make movies, but body double went down.

  Q: Are these self-help things in the water the methods you learned from training before filming?

  Eddie Peng Yuyan: Yes, basically. All the training was used in filming. If you don’t train well in advance, you may not dare to shoot this play. We followed the real rescue team to rescue outside. The rescue process was very hard, and we really experienced the fragility of life. There was no way to imagine the power of nature. It was really terrible. After making this film, I feel I must cherish my life.

  Q: In addition to feeling the fragility of life, what influence has it had on you after making this film?

  Eddie Peng Yuyan: Now, if I fly, I will read the rescue manual, see where the escape pod is, and see the people nearby. If something really happens, who needs help. Not before, but now it becomes instinctive, and then I will imagine the filming situation at that time. I will count several old people, and several of them came up in wheelchairs. These are all realized after I finished filming, and I can’t help but think it is quite exaggerated. As soon as I talk about the escape pod, I will think of the horrible scenes of training in the past eight months and saving people in the plane. I always tell myself that if something really happens today, I can save people.

  And director Lin Chaoxian are also teachers and friends.

  Q: This is your fourth collaboration with director Lin Chaoxian. Do you feel that his films are getting more and more difficult?

  Eddie Peng Yuyan: If the difficulty hadn’t increased, I don’t think it would be directed by Lin Chaoxian. Since I met the director, I think the greatest thing about him is that he has not changed what he likes, and he is persistent about what he likes, so when the director makes a movie with such enthusiasm, you will be infected, and then you will feel, why not do it?

  He is very good every time, and I believe he will only get better and better. This time, there are many scenes that he wants to shoot, as well as many action scenes and emotional scenes. He finished writing the characterization of the characters and then went to the scene to schedule, which he has always loved, so I think the director is very good. Moreover, the director becomes more and more challenging, because every time he shoots something new, just like this underwater shooting, we have never experienced it before, and many of them are unknown. We can only follow the camera when we go to the scene to shoot, and then we can shoot after training, and we have to rehearse before shooting. It is conceivable that many scenes are actually difficult to implement. We are all studying, and the director will give me a lot of confidence.

  Q: Is Director Lin Chaoxian different from other directors you have worked with?

  Eddie Peng Yuyan: I think it’s fate. He appreciates me and I respect him. Few actors can work with the same director four times, so it’s rare. And to some extent, there is also a habit problem. In many cases, we can omit some running-in things, which is a bit like "family". I have experienced four different lives in seven years, and these four lives are not what ordinary people can experience.

  Q: One saying is "Eddie Peng Yuyan while the iron is hot, Lin Chaoxian while the iron is hot". Do you agree with this sentence?

  Eddie Peng Yuyan: I’ve heard it (one of the leading actors with the most cooperation times, second only to Nick Cheung). When I heard this sentence before, I felt that it made our feelings smaller, as if it was only tempering, but after The Rescue, I felt that it was too accurate.

  Because I think The Rescue is really like "grinding", which is very dangerous. I have been throwing caution to the wind several times. If the director wasn’t Lin Chaoxian, I would definitely have questions. In fact, when I finished filming operation mekong, the director told me about it. At that time, I really wanted to shoot it, but I felt I needed to take a break. It happened that the director had other plays at that time, so I took a break.

  I didn’t take this play because it was dangerous, but because of the theme and role. It is much more difficult for the director to give me this role than I used to play, and it is quite different from my previous image. (Difficulty) Mainly in the emotional aspect, I play a father, and the other is the difficulty of this profession.

  The relationship between me and the director is more like mentoring. It is natural for the director to shoot a man’s play and talk about the feelings between men. I think the director has quite a pattern in dealing with this very real human nature. He sees things a lot and is very real, so I think acting his play is an immersive experience to some extent. From MMA fighting to cycling to The Rescue, I don’t need to think about how I want to act, just experience it.

  So I think the director and I are also teachers and friends. He thinks I should shoot something at my age, so he asks me to shoot it. If I haven’t reached that stage, then maybe the drama at that stage is not suitable for me. He hopes that I can grow up slowly, and to some extent I can understand what he really wants to pursue. There is a tacit understanding between us (appreciate each other), and I feel that there is such a person in the film industry, which is a kind of existence that will be infected with each other. Needless to say, I can see from what he wants to do, so I get along very well. I quite appreciate the director’s point.

  From the first collaboration of Guild Wars to now, neither the director nor I have changed. Luck is true. I never thought I could have so much cooperation with the director after Guild Wars, and he probably never thought that Eddie Peng Yuyan could still be used as an actor. The director also gives me a new thing every year or two, so I also feel lucky. The director did a very good job in his field of work, and I tried to play every role well in my own school.

  Will cherish the opportunity to cooperate with each other.

  Q: Have you ever had any conflicts or differences with the director?

  Eddie Peng Yuyan: There will definitely be some. Maybe I have some ideas about some performances. The director also knows that the actor must be given space. On this basis, I try to surprise him. When he sees it, he may think that the role I created is more three-dimensional than he imagined in his mind. The director will feel very valuable. I have also been addicted to acting, so I must trust each other.

  A person’s ideas are limited, and maybe we are infinite together. When you are willing to share your things, he will certainly share his things with you. The difference between me and the director is often that he may feel enough, and I want to give more. He will let me play and make me happy. I think one advantage of filming with the director is that what he sees will never be the same as what others see me.

  Q: If you have the chance to cooperate with the director for the fifth time, do you have a subject you want to shoot?

  Eddie Peng Yuyan: Actually, we have talked about too many topics. Every time we run and chat, we will think of a topic. He will ask me what I like, and I will ask him what I like. Before, we discussed many things like racing, action and gunfight. Usually, the director said the type he wanted to shoot, but I don’t have any restrictions on his films because I believe him.

  Q: Are you worried that the director will choose more and more actors in the future?

  Eddie Peng Yuyan: It’s possible. The director has the right to choose the actors he thinks fit. It doesn’t mean that we have to cooperate with the fifth film now that we have cooperated with four films. That’s why this is very subtle. Also, I have a choice whether to continue to cooperate with him or not. I think sometimes it’s just a magnetic field between us. We can give each other what they want, and we all know it’s hard to come by. Therefore, when shooting every play, I try my best not to regret it, because this is the only thing I can control. I will gain experience and wisdom in the process of doing my best within our control, which is very worthwhile.

  Text/Xiao You for the picture/Tian Tian

[Network rumors] Beidaihe network rumors into the lottery station

In order to further improve the masses’ ability to identify rumors, consciously resist online rumors, and jointly safeguard the clearness of cyberspace, recently, the Network Information Office of Beidaihe District Committee entered the lottery station to carry out online rumor propaganda activities.

By distributing leaflets, answering questions on the spot, etc., the activity publicized the contents such as online rumors and online reports, and sent a "big meal" for the majority of lottery players, and encouraged lottery players to actively participate in reporting harmful information, resist online rumors, and consciously surf the Internet according to law, in a civilized way and rationally.

Original title: "[Network rumors] Beidaihe network rumors into the lottery station"

Read the original text

National Bureau of Statistics: Real estate investment increased by 8.1% from January to September.

  Cctv newsAccording to the website of the National Bureau of Statistics, from January to September 2017, the national real estate development investment was 8,064.4 billion yuan, a nominal increase of 8.1% year-on-year, and the growth rate was 0.2 percentage points higher than that in January-August. Among them, residential investment was 5,510.9 billion yuan, an increase of 10.4%, and the growth rate increased by 0.3 percentage points. The proportion of residential investment in real estate development investment is 68.3%.  I. Completion of investment in real estate development

  From January to September, the investment in real estate development in the eastern region was 4,286.9 billion yuan, a year-on-year increase of 9.0%, and the growth rate was 0.2 percentage points higher than that in January-August; The investment in the central region was 1,716.9 billion yuan, an increase of 13.3%, and the growth rate was the same as that in January-August; The investment in the western region was 1,741 billion yuan, an increase of 3.6%, and the growth rate dropped by 0.4 percentage points; The investment in Northeast China was 319.7 billion yuan, down by 3.3%, and the decline narrowed by 4.1 percentage points.

  From January to September, the housing construction area of real estate development enterprises was 7,380.65 million square meters, a year-on-year increase of 3.1%, and the growth rate was the same as that in January-August. Among them, the residential construction area was 5,053.3 million square meters, an increase of 2.9%. The newly started housing area was 1,310.33 million square meters, an increase of 6.8%, and the growth rate dropped by 0.8 percentage points. Among them, the newly started residential area was 941.13 million square meters, an increase of 11.1%. The completed housing area was 576.94 million square meters, an increase of 1.0%, and the growth rate dropped by 2.4 percentage points. Among them, the completed residential area was 412.6 million square meters, down by 1.9%.

  From January to September, the land acquisition area of real estate development enterprises was 167.33 million square meters, up 12.2% year-on-year, and the growth rate was 2.1 percentage points higher than that in January-August; The land transaction price was 814.9 billion yuan, an increase of 46.3%, and the growth rate increased by 3.6 percentage points.

  Second, the sale and sale of commercial housing

  From January to September, the sales area of commercial housing was 1,160.06 million square meters, up 10.3% year-on-year, and the growth rate dropped by 2.4 percentage points from January to August. Among them, the residential sales area increased by 7.6%, the office sales area increased by 32.7%, and the commercial sales area increased by 23.7%. The sales volume of commercial housing was 9,190.4 billion yuan, up by 14.6%, and the growth rate dropped by 2.6 percentage points. Among them, residential sales increased by 11.4%, office sales increased by 25.2%, and business sales increased by 31.8%.

  From January to September, the sales area of commercial housing in the eastern region was 506.56 million square meters, up 5.5% year-on-year, and the growth rate dropped by 2.4 percentage points from January to August. Sales reached 5,266.2 billion yuan, up 6.9%, and the growth rate dropped by 2.9 percentage points. The sales area of commercial housing in the central region was 305.21 million square meters, an increase of 13.9%, and the growth rate dropped by 2.7 percentage points; Sales reached 1,845.4 billion yuan, an increase of 23.5%, and the growth rate dropped by 2.5 percentage points. The sales area of commercial housing in the western region was 289.68 million square meters, an increase of 16.0%, and the growth rate dropped by 2.6 percentage points; Sales reached 1,699.7 billion yuan, an increase of 32.0%, and the growth rate dropped by 3.1 percentage points. The sales area of commercial housing in Northeast China was 58.62 million square meters, an increase of 8.0%, and the growth rate dropped by 1 percentage point; Sales reached 379 billion yuan, an increase of 21.5%, and the growth rate increased by 2 percentage points.

  At the end of September, the area of commercial housing for sale was 611.4 million square meters, a decrease of 12.12 million square meters compared with the end of August. Among them, the area for sale of residential buildings decreased by 9.38 million square meters, the area for sale of office buildings decreased by 670,000 square meters, and the area for sale of commercial buildings decreased by 1.38 million square meters.

  Three, the real estate development enterprise funds in place

  From January to September, the funds put in place by real estate development enterprises reached 11,309.5 billion yuan, an increase of 8.0% year-on-year, and the growth rate dropped by 1 percentage point from January to August. Among them, domestic loans were 1,900.3 billion yuan, an increase of 19.5%; Foreign investment reached 11.3 billion yuan, up by 0.9%; Self-raised funds were 3,645.1 billion yuan, down by 0.3%; Other funds reached 5,752.8 billion yuan, up by 10.4%. Among other funds, deposits and advance receipts amounted to 3,461 billion yuan, up by 16.9%; Personal mortgage loans reached 1,773.9 billion yuan, up by 1.3%.

  Fourth, the real estate development boom index

  In September, the real estate development boom index (referred to as "national housing boom index") was 101.44, 0.02 points higher than that in August.



In order to heat up the winter, the people in the south have made every effort.

  When I was a child, I watched TV and felt that northerners were really particular about it. When I got home in winter, I had to take off my down jacket, coat and scarf and hang them on the shelf, and then change into a household suit before I started to do things.

  Later, I realized that it’s not that they are particular, but that we can’t be as particular as they are, because it’s as cold inside as outside in winter. If we take off our down jacket before we do anything, it will be as cold as chaff in two minutes. Therefore, no matter how exquisite, it is just to replace the down jacket worn when going out with the old down jacket that can be ruined casually.

  Really, Sichuan, including the winter along the Yangtze River valley, is really cold and unforgettable. Therefore, in order to heat up the winter, people are desperately trying to find a way. This year, all kinds of new heating artifacts have mushroomed, and even some "local specialties" have gone to the whole country.

  electric heating table

  We sat around the table, chatting and warming tea, which was very hot.

  Before the Spring Festival the year before last, I went to a friend’s house in Guizhou to play. As we all know, it’s very cold in winter in Guizhou, but those people in their family are poised around a table after dinner. I don’t see them warming themselves, but they are calm and don’t feel cold at all. Later, I came to the table by accident, and suddenly I felt that the table seemed to be heating up, but because it was covered with a piece of cloth, I couldn’t see it at all. Later, they told me that the table was just heating up. I was surprised at that time, because I had never seen this kind of table in Sichuan, and I didn’t expect it. They told me to put my knee in and put my foot on the board under the table, only to find that the legs of the table were all very gentle and warm, but not too hot. And the whole family is sitting there, which is very pleasant when we were young and surrounded by a cage of firewood. They said that this kind of table is everywhere in Guizhou, and they baked it very early.

  After I came back from Guizhou, I always wanted to buy this kind of table, but I didn’t see it anywhere in Sichuan, so I had no choice but to search online. When I searched online, I didn’t know what name to search for. In the end, I only thought of a "table for warming the fire" in general, and then I jumped out of an electric heating table. I saw that it was just that kind, and it was more advanced than my friend’s, and there was an electric ceramic stove embedded in the middle of the table.

  Since I bought this electric heating table last year, I have entertained countless friends at home in winter. We sat around the table and warmed a pot of tea on the electric ceramic stove in the middle, chatting and drinking tea, which was very hot. Later, I even transferred reading, eating, and watching drama directly to this table. The study, dining table, and sofa all became furnishings. This warm table became the center of my home in winter.

  Because this table was so comfortable, many of my friends later asked for a link from me and bought it willingly, including my mother, who has always been "stingy". After experiencing it once, they all bought one generously. (david lee)

  Electric fire bucket

  It’s so warm that I want to doze off when I do my homework.

  Actually, although I just bought this thing this year, I saw it two years ago.

  When I go back to my hometown every Spring Festival, I see my dad dragging this thing out of the corner as soon as he eats dinner, then taking off his shoes, stepping on the "wooden swing", and finally putting a special blanket on his knee, enclosing this square thing tightly, and starting to watch his TV series with rapt attention.

  I was dumbfounded at the time — — How smelly it is to take off your shoes and put on your socks to warm yourself! Moreover, it is too low and too timid to "ride" the roast in such a poor and evil way! Don’t we people in eastern Sichuan always bake natural gas stoves? Take a tube from the kitchen and drag it to the living room for a long time. Everyone gathers together and can bake it in all four directions. The firepower is amazing. After baking for a long time or too close, my knees often hurt, and I feel that my pants are going to be baked. Isn’t this enough for his old man’s house to bake?

  But my dad simply ignored my "disdain" and kept promoting its goodness to me: this is much better than a natural gas stove. First, it is electric and safe; Secondly, it has three gears, large, medium and small. Unlike natural gas stoves, it has no gears, and it is often blushed and swollen, but its feet are not baked. This is even the minimum gear, because it is surrounded by blankets, and the heat will not be lost. From the baseboard up, the whole lower body is hot. As the saying goes, "cold starts from the foot". When the foot is hot, the whole body is hot and comfortable. Now, most of the elderly in their hometown and county use this, which costs tens of dollars each. It is cheap and easy to use, and which one uses a natural gas stove. With a curl of his mouth, he looked very disgusted. He also encouraged me: "Go and buy one for Duo Er (my daughter, his granddaughter) to take back, lest her feet get cold when she does her homework."

  I looked at my dad like that and rationally refused — — She baked this, so will she be doing her homework or steaming?

  So, despite my dad’s mouth watering, I still insisted on not letting this treasure into my door. But this year’s double eleven, I don’t know which rib was wrong. When I chose one by one among the vast commodities, this thing suddenly jumped into my eyes. Because I am very dissatisfied with the little sun I bought before — — Really, the little sun is so angry that the leg near it is baked with fire spots, but the other side is not even warm, which is seriously uneven. Originally, I wanted to buy a heater that can shine on all sides in the mahjong hall, but I felt that the atmosphere was wrong, for fear that the children would think of playing mahjong as soon as they saw it — — It’s a small matter of heating, but it’s a big matter of delaying study. Forget it. At this time, I suddenly remembered what my father said, and thought that I would try it. Anyway, it’s only about sixty or seventy dollars.

  In those days when I was waiting for the express delivery, I was filled with a feeling of anxiety and expectation every day. Finally, the goods arrived. I took off my shoes that day and tried it. Damn it, why isn’t it hot? I had to put a towel on my leg like my dad. This is terrible, the smallest file, I have read fifty pages on it, because it is too hot, I have to spend my feet to dry several times in the middle.

  Give it to your daughter for her homework as soon as possible. I didn’t expect my daughter to use it for two days and said, "No baking, no baking, it’s so warm that I want to doze off when I do my homework."

  Later, I learned that this electric fire bucket is a household name in Hunan. I didn’t expect to go out of Hunan and go to the whole country in recent years. A friend of mine told me: We went to my husband’s brother’s house for the Spring Festival last year, and his niece baked this, and the barrel well was a little deep. She sat alone in the barrel and made a dragon gate array with us. I was not used to it at that time, and I always felt like a baby taking a bath in a barrel!

  Others said that their family bought the large-sized one. At night, the family of three took off their shoes to build a towel quilt and sat neatly on the sofa to catch up with the drama. I feel the happy picture twenty years ago, because this tacky electric fire bucket is back! (Tintin Sugar)

  electric heat

  Knee blanket

  I tried it on my husband, and he immediately asked for a piece.

  After living for almost half a century, people have come to Chengdu from Yunnan for more than 30 years, but they are still afraid of the winter in Chengdu. The cold frozen into the bone marrow is far away except the bed, and it is sad to think about it.

  When I was a teenager, I was poor. I only had a small charcoal-burning drying cage to warm my hands. I was so cold when I did my homework that I never sat on a small bench. Mom had no choice but to take a big bath basin, fill a big glass bottle brought back from the unit infirmary with boiling water, put it in a small quilt, cover my feet and put them in the basin, but my hands and feet are still cold and frostbite every year.

  Later, with the electric blanket, it was much better. In the future, with the small sun and oil, air conditioning is a must for every family. But for Chengdu people, air conditioning seems to be only in summer, and there is little difference between turning on air conditioning in winter and not turning it on, and the air is drier. So I discussed with my husband and said that our house should be replaced by electric heaters, just like your north.

  Strangely enough, my husband is an authentic northerner, and he is extremely happy to come to Chengdu, where the winter is completely white. It is said that northerners are most afraid of winter in the south. Chengdu is so cold. He actually said to me, this is called cool! This is a joke to me from Yunnan, where the seasons are like spring.

  Therefore, I am bent on making Chengdu’s home spring all the year round. Floor heating was not popular when the house was renovated many years ago. Now, if you want to install radiators, you can only install them openly, which involves knocking on the wall and making holes. This northerner from science and engineering began to tell me the truth from the principle of radiator, and the last meaning was that you can’t install it, and you can’t destroy the wall at home. Of course, I guess it is more likely to be reluctant to pay the electricity bill.

  Well, I have to find another way and search on the Internet, as long as I can watch TV and read and write without stamping my feet. Finally, I finally found a heating artifact. This artifact is a charged blanket, but it is not an electric blanket for bed. It can be folded, cleaned and put on at will.

  I bought it back. It’s a big blanket with plug-in and nine gears. It can be used as a shawl, waist protector and knee protector — — The lower half is two pieces, each with hidden buttons, which can wrap all the legs.

  When my husband came home, he was surprised to see that I was not dressed as a bear as usual, but covered with a blanket and collapsed on the couch with a book in my arms, and the air conditioner was not turned on. I proudly showed it to him and let it try again. Now, he couldn’t get it back, and he strongly demanded that it be wrapped in a blanket. (Xiaoyun)

  Skirting heater

  Air conditioning+"baseboard", friends say when they enter the door, Oh, is your home decoration warm?

  The house I live in was renovated in early 2013. At that time, the floor heating was a bit expensive. In addition, the previous house faced west and was bathed in the sun in the afternoon, and the area was not large, and the air conditioning was also effective. Therefore, when decorating this house, the heating problem was not considered too much.

  I didn’t know that when I moved in, I found that the house was big, and the direction was just north. In winter, there was no sunshine at all, and people were not so young. When the temperature dropped sharply in winter, I wanted to fly to tropical islands to swim every day.

  I didn’t know whether I was young or I used my mobile phone and computer less. I didn’t feel so dry when I turned on the air conditioner. In the present house, the air conditioner in the living room is facing the sofa. As soon as the air conditioner is turned on, the wind blows at people. In summer, it is fine and cool, but in winter, it is annoyed. It is like a fire in winter, which makes people almost dehydrated. Even if the direction of the air outlet is adjusted, the effect is not great. I always stay in a dry circle and sit on the sofa and watch TV. In less than half an hour, my eyes are as dry as Sahara desert. So sometimes I’d rather wear thick clothes than turn on the air conditioner, and put a blanket on my legs like the grandparents in the cartoon. I usually like to invite friends to dinner at home, but I dare not invite my friends in winter, because they all say that my air conditioner is too weak, just blowing the sofa and sitting in the dining room to eat, which is chilly.

  It’s not that I haven’t thought of a way. I bought an oil tin, and the effect is different. Anyway, I am a little overwhelmed. The electricity consumption made me suspect that someone had stolen electricity.

  Last year, a friend recommended a skirting heater, saying it was very good (of course, this thing must be bought to save electricity and energy, otherwise the electricity consumption will be as good as that of oil). After the heater was delivered, it was found to be very suitable for my home. It was placed on the wall out of the bathroom (there are still some that are very thin and can be hung on the wall, which takes up no space), just to make up for the heating in the area where the air conditioner can’t blow, and the warm current of the whole house finally flows. Another advantage of this thing is that it heats up quickly, and the whole room will feel hot and warm in about ten minutes. Moreover, it also has the function of preset startup time, but I think it heats up very quickly, and this function is basically useless. Sitting on the sofa watching TV, I’d rather move the heater in front of the TV cabinet than blow the air conditioner now. Moreover, since I bought this skirting heater, I have invited several friends to have dinner at home, air conditioning+heater, and my friends said when they entered the door, Oh, it’s so warm. Is your home decoration floor warm? (Josh.w)

  Electric heating mat

  Not only children like it, but also cats and dogs.

  To tell the truth, n years ago, when I was as cold as an ice sculpture and climbed into the bed where the electric blanket was opened, I thought from the bottom of my heart: Since the electric blanket is so cheap and easy to use, why not actively explore the territory and develop it on sofas, tables and the ground … … In this way, we Sichuanese, who are in the south and north, can’t be cold-blooded in winter? However, because my imagination failed to come true, I later actively denied myself: well, maybe heating equipment like electric blanket must be "soaked" on the blanket to generate heat, just like when I was a child, I had to wrap a layer of cotton wool or straw on the jar filled with fermented glutinous rice. I am terrible at physics, and I don’t understand the scientific principles. I can only comfort everything in front of me with the common sense of life visible to the naked eye.

  However, this year, when I saw this electric mat on Taobao, I was so excited that someone finally helped me realize my wish for many years! Of course, why did it come true again? I still don’t know the principle. I only know that with this, we "poor people" also have the joy of installing the original floor heating — — Hahaha, I can finally put on my socks and walk around the living room.

  Yes, this electric mat, just like a carpet, has different sizes. You can buy it according to your own needs, then lay it on the ground and plug it in. After twenty minutes, it will start to heat up. This is really useful for children at home, especially those who can just crawl — — You can save the climbing mat, and you don’t have to worry about getting cold on your hands, feet and small ass when you crawl around on it. If the size is big enough, you don’t have to stare at the baby all the time. Adults can sit up on a blanket with confidence. In name, it is companionship, but in fact, reading and playing mobile phones are so comfortable.

  This electric mat not only benefits children, but also pets. My sister has a cat. My sister used to buy it a nest with cotton pads every winter, but the cat is still too cold and drills into my sister every day. Not now, people squat on this electric mat every day, and they are too lazy to move. (Ye Zhiyan)

The "Youth League Year" is on fire. What is it? People outside this province are shocked!

Coordinate Jiujiang, Jiangxi Province, there is a League Year, which is a ceremony for the whole village, old and young, to worship their ancestors collectively in the ancestral temple. Strictly speaking, it should be the moment when the ugly time meets at midnight on the 30 th, and the year ends and the new year opens. Last year ended, so it is also called "the end of the year". However, the word "finished" is taboo in customs (meaning finished), and Tujili is more called "the year of reunion" (a year of complete reunion). In the development of time, slowly, some still insist on holding this ceremony in the middle of the night, some change it to the evening, and some change it to the early morning (it has reached the first day). My village is more interesting. This ceremony is held in the morning of the 30th instead of the evening.


  CCTV.com News (news broadcast): "New Year’s Eve, including jiaozi". Today, when every household is preparing for the New Year’s Eve, local governments and the masses have "arranged" a special "reunion dinner" for the needy people with care and love, so that the true feelings and warmth can accompany them to have a happy New Year.

  At noon today, more than 8,000 widowed elderly people in Hongkou District of Shanghai put on new clothes bought for them by the community and got together to have a "reunion dinner". Young volunteers from Hefei, Anhui Province came to the apartment for the elderly today, sending deep affection to more than 150 elderly people.

  Gao Caixia, an Anhui old man: I have lived to be over 90 years old, and I feel that now is the best time.

  Young volunteers in Hebei, Guangxi, Shanxi, Jiangsu and other places have formed a "family pair" with the widowed and low-income elderly to take them home for the New Year. Charity federations in Guizhou, Zhejiang, Jiangxi, Jilin, Henan and other places also held "charity reunion dinner" to let the needy people share the festive feast of love.

  In the SOS Children’s Village in Putian, Fujian, children are eating steaming reunion dinner with their mothers in the village. Orphans from Fushun Welfare Institute in Liaoning Province came to Leifeng class today and wrapped up jiaozi with their uncles in the military camp. The orphans and disabled children in Qiqihar, Heilongjiang, and the police "dads" will celebrate the New Year soon.

  Guan Nan, sos Children’s Village in Qiqihar, China: Because today’s New Year’s Eve dinner is very special, they are like relatives to us.

  Today, 100 academicians and professors from Central South University invited more than 200 poor students to their homes to celebrate New Year’s Eve.

  Academician Huang Boyun, President of Central South University: Just let them feel that the school is their home.

  Reporter Wu Xueshan: This is the construction site of Wuhan section of Wuhe Railway, a national key construction project. Now, hundreds of migrant workers who insisted on construction during the Spring Festival gathered together to have a delicious reunion dinner and celebrate the New Year.

  Not only the reunion dinner was sent, but more than 500 migrant workers also received accident insurance of 200,000 yuan per person purchased by the construction unit.

  Lu Kunhao, a migrant worker in Hubei: It’s a double happiness.

  In Sichuan, more than 2,000 migrant workers gathered together and had a lively "Dam Banquet for the Year of the Communist Youth League". In Guangzhou, the Municipal Federation of Trade Unions held a group year dumpling feast for more than 10,000 migrant workers who didn’t go home. At the dumpling banquet, a videophone was specially set up.

  Shen Jian, a migrant worker from Shaanxi: (talking to his mother) I wish you all a happy New Year and all the best. Mom, I’m fine in Guangzhou.

  Red dumplings, colorful buns, hot jiaozi, delicious dishes, and a series of delicious dishes are accompanied by blessings. From yesterday to today, in the community and on the train, all kinds of "reunion dinners" and "thousands of family banquets" have made people in need and people who are away from home feel deep affection and festive joy.

Editor: Zhao Wei

The annual flavor of the construction site is very full, and the special reunion dinner is very warm

The project site is full of flavor, and foreign workers are happy for the holidays.

In response to the initiative of celebrating the New Year on the spot, 24 foreign workers and project department managers had a happy New Year’s dinner recently.
At 12 noon, the workers came to the canteen after work. Red lanterns, blessed characters and colorful balloons were filled with a strong New Year atmosphere. The person in charge of the project department extended New Year greetings and New Year wishes to the workers.
Hu Jing, manager of Wudong Reconstruction Project Department of China No.1 Metallurgical Company.
Fellow workers, you have worked hard! First of all, I would like to thank you for your positive response to the call to celebrate the New Year on the spot. At the same time, on behalf of Wudong Reconstruction Project, I would like to thank you for your support and contribution, and thank you for your contribution! I wish you all good health, good luck and happiness in the new year.
The 24 workers studying in China are mainly from Huangmei, Hubei Province and Queshan, Henan Province, and most of them are spending the New Year at the project site for the first time. Just after the opening of the dinner, 40-year-old Master Wu Jianxin quickly used his mobile phone to video with his family, detailing the dishes of the dinner.
Master Wu introduced that during the Spring Festival, New Year’s Eve will take a day off and go to work normally from the first day to the sixth day. More than 20 people will operate two pile drivers, and it is expected that more than 20 piles will be completed every day. What makes him more satisfied is his income. Besides his salary, he can get no less than 500 yuan’s money every day.
Wudong building-returning project is the largest building-returning project under construction in Qingshan District. Fifteen high-rise houses and supporting facilities are planned to be built, with a total construction area of over 430,000 square meters and a construction period of 1,080 days. According to the plan, 120 pile foundation construction tasks need to be completed during the Spring Festival.
In order to make 24 migrant workers have a happy and peaceful Spring Festival in Han, Wudong Street, where the project is located, and Changjiang Ecological Joint Development Company, the owner, sent condolences such as pork, vegetables, rice and cooking oil, and the project department also prepared in advance to do a good job in service guarantee.
Another kind of reunion dinner warms the hearts of employees

ten to two
On the 28th day of the twelfth lunar month, the municipal bridge company affiliated to Wuhan Eco-environment Investment and Development Group organized the staff of Donghu Tunnel Project Department to make a package of jiaozi and have a reunion dinner together. The staff "celebrated the New Year on the spot" and their happiness continued unabated.
Huang Hu, inspector of Donghu Tunnel Operation Project Department
I come from Xinyang, Henan, and this is my first time to package jiaozi.
Dai Futing, Monitor of Donghu Tunnel Operation Project Department
In the north, relatives get together to pack jiaozi before the Chinese New Year. After 12 o’clock on New Year’s Eve, I started cooking jiaozi and eating jiaozi. Although this year is the Spring Festival in Wuhan, I am very happy to have so many colleagues in the company to package jiaozi together, and the atmosphere is very warm.
"Eat jiaozi!" Everyone has been busy for a long time, and the steaming jiaozi is finally out of the pot. Xing Jing, the supervisor of the East Lake Tunnel Operation Project Department, had a video conversation with his mother in Weinan, Shaanxi Province while eating jiaozi. She told her mother not to worry. She was very happy in Wuhan for the New Year.
Xing Jing, Monitor of Donghu Tunnel Operation Project Department
Because of the epidemic, we can’t go home for the New Year. Although we are homesick, our colleagues and company leaders are still very happy and feel very warm when we spend the New Year in the company.
Stick to your post during the Spring Festival
Workers pay tribute!
I wish you all a happy New Year!
Good luck in the Year of the Ox!
Produced by Wuhan Radio and Television Station
Editor: Zhang Tingting
Media reporter: Huang Peng, Chen Zhefeng, Juck Zhang and Xu Tangjie
Correspondent: Huang Yi Mei Han Wang Kairong
Editor: Qi Wen

A survey of the concept of financial knowledge

Source: supply chain finance
Financial concept daquan
1. Financial market in a broad sense: generally refers to all financial transactions conducted by both the capital supply and demand sides through various financial instruments, including all monetary financial activities between financial institutions and customers, between financial institutions and between capital supply and demand sides, such as deposits, loans, trusts, leasing, insurance, mortgage and discount of bills, trading of stocks and bonds, gold foreign exchange trading, etc.
2. Narrow financial market: generally limited to financing activities with bills and securities as financial instruments, interbank borrowing between financial institutions and gold foreign exchange transactions.
3. Financial market: the general term for monetary fund transactions, gold foreign exchange trading and interbank lending between financial institutions with bills and securities as financial instruments.
4. Primary market: also known as the issuance market or the primary market, it is a trading market formed when the fund demanders sell financial assets to the public for the first time.
5. Secondary market: the trading market where the issued old securities are transferred and circulated among different investors.
6. Financial instrument: also known as credit instrument, it is a legal document to prove the relationship between creditor’s rights and debts and to conduct monetary and capital transactions accordingly.
7. Stock: a kind of securities, which is a certificate issued by a joint stock limited company to prove the identity and rights of investors as shareholders and to obtain dividends and bonuses accordingly.
8. Common stock: a basic stock issued by a joint-stock company, which is the most standard stock.
9. Priority stocks: stocks issued by joint-stock companies that have priority over ordinary shareholders in terms of company income and distribution of remaining assets.
10. Bond: A written certificate issued by the debtor to the creditor to undertake the obligation of repaying the principal and interest at the agreed time.
11. Treasury bonds: short-term debt certificates issued by the government to make up for the temporary shortage of treasury funds.
12. Mortgaged corporate bonds: bonds issued by companies with real estate or movable property as collateral.
13. Credit corporate bonds: bonds issued by companies that do not use any assets as collateral or guarantee, but rely entirely on the company’s credit.
14. Converting corporate bonds: This kind of bonds stipulates that bondholders can convert into company shares in a certain proportion and under certain conditions within a certain period of time.
15. Corporate bonds with subscription rights for new shares: This bond gives the bondholder the right to buy new shares of the company.
16. Restructured corporate bonds: A bond with lower interest rate issued by a restructured company to reduce the debt burden.
17. Debt-sinking fund corporate bonds: This kind of bonds requires the issuing company to regularly withdraw a certain percentage of profits according to the total issued amount as repayment funds before the maturity of the bonds, and hand them over to the entrusted trust companies or financial institutions for safekeeping, and gradually accumulate them to ensure that the bonds will be repaid in one lump sum.
18. Financial bond: A bond issued to the public by banks and non-bank financial institutions in order to raise funds in accordance with the relevant securities laws and securities issuance procedures of the state, using their own reputation.
19. Fund securities: also known as investment fund securities, are securities issued to the public by the sponsors of investment funds, which prove that the holders enjoy the ownership of assets, the right to return assets and the right to distribute the remaining property according to their shares. It is the product of certain equity combinations of stocks, bonds and other financial products.
20. Bill: negotiable securities that the drawer promises or entrusts the drawee to unconditionally pay a certain amount on the specified date or at sight.
21. Free foreign exchange: It can be bought and sold freely in the foreign exchange market without the approval of the issuing country, and can be freely converted into currencies of other countries. They are widely used as means of payment and circulation in international economic exchanges.
22. Bookkeeping foreign exchange: Without the approval of the relevant foreign exchange administration departments, it cannot be converted into other countries’ currencies, and usually it can only be used between the countries of the agreement according to relevant agreements.
23. Derivative financial instruments: also known as financial derivatives, refer to a kind of financial products whose value depends on original financial instruments.
24. Money market: a short-term financial market with financial assets with a maturity of less than one year as the transaction object.
25. Interbank lending market: a market formed by short-term capital lending activities among various financial institutions.
26. Central bank bills: short-term bonds issued by the People’s Bank of China, with maturities ranging from 3 months to 1 year.
27. Pre-issuance market: In reality, there is a kind of treasury bond trading that is not conducted after the issuance is completed, but immediately after the announcement of the issuance. This trading market is also called the pre-issuance market. Such as WI-Fi transactions in the United States.
28. Transferable large deposit certificate: a certificate of deposit issued by a commercial bank and transferable in the market.
29. Repurchase agreement: When the securities holder sells the securities, it is agreed with the buyer that the seller will buy back an equal amount of the same kind of securities from the buyer at the agreed price on a certain date in the future.
30. Capital increase: An established joint-stock company issues new shares, which is called capital increase.
31. Credit transaction: also known as advance transaction or margin transaction, it is a transaction method in which the customer pays a certain amount of cash or stock to the broker as a margin, and the difference is advanced by the broker.
32. Option trading: Also known as option trading, it means that both parties reach a contract on whether to buy or sell a certain stock at an agreed price and within an agreed time.
33. Stock index futures trading: Futures trading with the stock price index as the object aims to reduce the risk of stock investment and increase the attractiveness of stock investment.
34. Stock index option trading: buying and selling option contracts based on stock price index.
35. Stock exchange: a place organized according to certain methods and rules to conduct centralized securities trading, also known as the floor trading market.
36. Membership system: A stock exchange in the form of membership organization is a legal entity that is formed voluntarily by intermediaries engaged in securities business and is not for profit.
37. Company system: The stock exchange in the form of company system is organized according to the company law. The exchange collects the issuer’s "listing fee" and extracts the "handling fee" and other service fees for securities transactions.
38. Commission broker: a broker who accepts the entrustment of clients, buys and sells on behalf of clients in the exchange and receives a fixed commission.
39. Two-yuan broker: Also known as expert broker, it is specially entrusted by the commission broker, and buys and sells on his behalf, charging a certain commission.
40. Special broker: Also known as professional broker, it is a broker who has a special status in the exchange and is engaged in special securities trading.
41. Securities dealers: also known as trading hall dealers, they only handle self-operated business and do not handle entrusted business.
42. Zero-share dealers: securities firms specializing in stock trading with less than one trading unit.
Brief discussion
1. What are the advantages and disadvantages of direct financing and indirect financing?
Advantages of direct financing
(1) The close relationship between the supply and demand of funds is conducive to the rapid and rational allocation of funds and the improvement of efficiency in use.
(2) The cost of financing is low and the investment income is high.
Disadvantages of direct financing
(1) There are many restrictions on the amount, term and interest rate of direct financing.
(2) The liquidity of financial instruments used in direct financing is weaker than that of indirect financing, and their cashing ability is lower.
(3) Direct financing is risky.
Advantages of indirect financing
(1) Flexible and convenient.
(2) High security.
(3) The scale economy of finance has been improved.
Disadvantages of indirect financing
(1) The direct connection between the supply and demand sides of funds is cut off, which will reduce the concern of investors on enterprise production and the pressure and binding force of fund raisers on the use of funds to a certain extent.
(2) intermediary agencies charge a certain fee for providing services, which increases the cost of financing.
2, the relationship between the four elements of financial market.
Financial market participants, financial market trading objects, financial market intermediaries and financial market prices are the four major elements that constitute the financial market. They are closely related, mutually promoting and influencing each other. Among them, financial market participants and financial market trading objects are the most basic elements. As long as these two elements exist, financial markets will be formed, while financial market intermediaries and financial market prices are naturally generated or inevitably accompanied. Perfect intermediary institutions and price mechanisms are important conditions for the development of financial markets.
3. Particularity of financial market.
(1) There are mainly loan relationships and principal-agent relationships among market participants, which are temporary separation or conditional transfer of the right to use and ownership of funds based on credit.
(2) The transaction object is monetary funds or their derivatives.
(3) The transaction mode is special.
(4) The price determination in the market is complicated, with many influencing factors and great fluctuations.
(5) Trading places are invisible in most cases, and the ways of trading through telecommunications and computer networks are becoming more and more common.
4. The main differences between capital market and money market.
(1) Different maturities: all financial instruments traded in the capital market are more than one year, while those traded in the money market are within one year.
(2) Different roles: most of the funds in the capital market are used for the creation, renewal and expansion of equipment and storage materials of enterprises, or the establishment of public utilities and the maintenance of financial balance. Most of the money in the money market is used for short-term working capital of industrial and commercial enterprises.
(3) The degree of risk is different: the risk of credit instruments in the capital market is higher, and the risk of credit instruments in the money market is smaller.
5. Functions and functions of financial markets
(1) Facilitate investment and fund-raising.
(2) Reasonably guide the flow of funds, promote capital concentration and transfer to high-efficiency units.
(3) Facilitate the flexible conversion of funds.
(4) realize risk diversification and reduce transaction costs.
(5) It is conducive to enhancing the flexibility of macro-control.
(6) It is conducive to strengthening economic ties between departments, regions and countries.
6, the difference between financial instruments and financial assets
Financial instruments are sometimes called financial assets, but strictly speaking, these two concepts are different. Although all financial instruments are financial assets to the holders, they cannot be called financial assets if we look at them in isolation. For example, money issued by the central bank and stocks and bonds issued by enterprises cannot be said to be financial assets, because for issuers, money, stocks and bonds are their liabilities. Therefore, money, stocks and bonds should not be simply called financial assets, but should be called financial instruments. Financial instruments are financial assets to the holders.
7. Characteristics of stocks
(1) Stock is a kind of ownership certificate, which represents the certificate of invested share capital.
(2) Stocks are permanent securities with no repayment period.
(3) The return of stock has great uncertainty.
8. Main differences between common stock and preferred stock
(1) Ordinary shareholders enjoy the right to participate in the operation of the company, while preferred shareholders generally do not enjoy the right to participate in the operation of the company.
(2) The income of common shareholders depends on the profitability of the company, while the income of preferred shares is fixed.
(3) Ordinary shareholders cannot withdraw their shares, but can only be realized in the secondary market, while preferred shareholders can request the company to redeem their shares in accordance with the redemption clause attached to the preferred shares.
(4) Priority stock is the most important kind of special stock, which enjoys priority in the company’s profit and the distribution of surplus property.
9, the difference between bonds and stocks
(1) The relationship indicated is different: bonds indicate the relationship between creditor’s rights and debts, and stocks indicate the ownership relationship.
(2) The rights and obligations of investors are different: bond investors have the right to obtain principal and interest, but have no right to ask about business management activities. Stock investors can get the right to operate, but they can’t withdraw their shares to recover their principal.
(3) The determination of income is different: the income of bonds is determined by their interest rates, and the income of stocks depends on the operating conditions of the issuing company.
10, the main reason for the government to issue treasury bonds.
(1) To make up for the temporary and seasonal balance of government finance and meet the temporary capital turnover needs.
(2) When unexpected events occur in the process of budget implementation, resulting in an increase in expenditure and it is difficult to keep up with the income, it is necessary to cope with temporary emergencies.
(3) When the interest rate in the financial market is too high, the interest burden of the government issuing long-term bonds is too heavy, so the short-term treasury bonds are issued first, and then the low-interest long-term bonds are issued after the market interest rate changes in the future.
11, fund securities, stocks and bonds in common.
(1) The investments in fund securities, stocks and bonds are all securities investments.
(2) The forms of fund securities are similar to those of stocks and bonds.
(3) Stocks and bonds are the investment objects of fund securities.
12. The difference between fund securities, stocks and bonds
(1) Different investment status: Shareholders are shareholders of the company and have the right to express their opinions on major decisions of the company. The bondholders are creditors and have the right to recover the principal and interest at maturity. The holder of fund securities is the beneficiary of the fund and has the right to distribute the investment income.
(2) The degree of risk is different: the risk of stocks is the greatest, the risk of fund securities is the second, and the risk of bonds is the smallest.
(3) The returns are different: stocks have the highest returns, followed by fund securities, and bonds have the lowest returns.
(4) Different ways of investment: unlike investors in stocks and bonds, fund securities are an indirect way of securities investment.
(5) Different ways of investment recovery: bond investment has a certain term, and the principal is recovered after the expiration, while stock investment is indefinite. If it is to be recovered, it can only be realized at the market price in the securities exchange market. Fund securities are different depending on the form of funds held.
13. Similarities and differences between negotiable certificates of deposit and general certificates of deposit.
(1) What they have in common is that they are all time certificates of deposit issued by banks, and banks pay interest.
(2) The difference is that it cannot be withdrawn in advance, but it can be transferred at any time. It has a specific amount and term, and the term is short, usually 14 days to one year. The interest is paid in coupon rate every six months or on the maturity date, and the denomination is large. Most large deposit certificates in the United States are $100,000.
14. What are the benefits of negotiable certificates of deposit for banks and investors?
Certificate of deposit is a good financial tool for investors and banks;
(1) certificates of deposit enable commercial banks to take the initiative to issue certificates of deposit in the market to raise funds, so that commercial banks can manage their liabilities and assets more actively.
(2) certificates of deposit enable investors to buy or sell certificates of deposit at any time according to the situation of capital week and adjust their asset portfolio.
(3) certificates of deposit improve the stability of commercial banks’ sources of funds.
15. Purpose of stock issuance
(1) To issue shares for the establishment of a joint-stock company.
(2) shares issued by an established joint-stock company to improve its operation or meet a specific need.
16. Purpose of capital increase
(1) Increase the proportion of self-owned capital and improve the capital structure. (2) maintain or expand business. (3) Meet the listing standards of the stock exchange. (4) promoting cooperation or maintaining the right to operate. (5) Divide benefits among shareholders. (6) Others, such as company restructuring or merger.
17, the characteristics of futures trading
(1) The transaction and delivery are not synchronized. (2) It can be offset at the time of delivery, that is, the liquidation parties only need to pay the difference. (3) There are both ordinary investors and speculators in the transaction.
18, the characteristics of OTC:
(1) A wide range of trading objects. (2) Both parties agree on the transaction price. (3) The trading mode is more flexible. (4) The trading places are scattered.
Transfer from: those things in the investment circle