Wechat is a social platform that we often use in our lives, where we can also send text, pictures, voice, files and many other contents. What should some friends do if they want to switch the input method of WeChat? Let’s take a look at it with Xiaobian!
Introduction to WeChat Setting Input Method Course
1. Open the WeChat app, bring up the keyboard on the chat page, and click the keyboard icon.
2. Click to switch the input method.
3. Check the input method to be set.
Economic Observer reporter Hu Yanming Intern reporter Li Jiayi "The Bank of Japan is going to raise interest rates!" At noon on March 19th, Lin Bing, who was working in Yokohama, Japan, received a message from her domestic friends. Her heart was shocked, and her first reaction was to worry about whether the mortgage would be affected. Because when she signed a loan contract with the bank a few years ago, she chose to change the interest rate.
The Bank of Japan’s interest rate hike is regarded as a historic change. On March 19th, the Bank of Japan announced that it would raise interest rates by 10 basis points, raising the benchmark interest rate from -0.1% to 0-0.1%. This was the first time that the Bank of Japan raised interest rates in 17 years, ending the negative interest rate policy that lasted for 8 years.
This rate hike by the Bank of Japan is not sudden, but has been brewing for a long time. In the past many years, the Bank of Japan has continued its large-scale stimulus policy and ultra-low interest rate policy, hoping to boost the economy. Since 2022, Japan’s economy has undergone a series of positive changes, which seems to be coming out of the shadow of deflation. Many viewpoints believe that it is time for Japan to withdraw from the "ultra-loose policy".
When to withdraw from negative interest rates, the Bank of Japan seems to be concerned about whether a virtuous circle has been established between wages and prices.
At the end of 2022, Goldman Sachs Group and Nomura Securities, Japan’s largest securities institution, "fought against Taiwan" from a distance as to whether the Bank of Japan’s monetary policy turned. NaohikoBaba, Japan’s chief economist at Goldman Sachs Group, said in a research report that the possibility of the Bank of Japan abandoning the negative interest rate policy has increased; KyoheiMorita, chief economist of Nomura Securities, pointed out in the report that the policy interest rate of the Bank of Japan is expected to remain unchanged in 2023.
Since 2023, the Bank of Japan has repeatedly fine-tuned the ultra-loose monetary policy, and when to end negative interest rates continues to attract the attention of global financial markets. To be sure, 2024 will be a year of great changes in Japan’s macro and micro structures.
In the past two years, Shanshan, who works in a real estate brokerage company, has opened the Yahoo news interface on TV every once in a while, and she can see reports about the Bank of Japan’s interest rate hike. The comments below these news have been very enthusiastic.
A few days before the decision to raise interest rates was officially announced, she saw a news story about Japan’s possible interest rate hike on the homepage of Yahoo News in Japan, and there was a vote after the article. About 14,000 people participated in the voting: about 50% of the voters think that raising interest rates is a good thing and valuable; 22% think that raising interest rates is not good; About 28% don’t evaluate. "This price should be stable, and finally it will not continue to soar. This is the psychology." Shanshan summed up the feelings of friends around her about raising interest rates.
Will prices stabilize if interest rates are raised?
Shanshan, who lived in Japan in the second half of 2022, felt that she was catching up with the wave of price "take-off".
In 2019, she traveled to Japan several times. At that time, the price of a box of eggs was about 100 yen (usually 10 eggs, about 5 yuan RMB). Soon after she moved to Japan, the price of a box of eggs had risen to around 200 yen.
Shanshan’s personal experience is basically consistent with the official data. According to data released by the Ministry of Internal Affairs and Communications of Japan, Japan’s core consumer price index (CPI) in fiscal year 2022 (April 2022 to March 2023) increased by 3.0% over the previous fiscal year, the largest increase since fiscal year 1981. In 2023, Japan’s CPI rose by 3% year-on-year.
Shanshan observed that the Japanese locals also reacted greatly to the price increase. They felt that it had gone up too much. Why did the price of eggs go up so high and so much personal income tax was levied?
This year is the tenth year since Lin Bing came to Japan, and she feels that prices are rising little by little. In recent days, Lin Bing collected and sorted out a magazine he often bought, and found that the price of this magazine was 550 yen in 2019, 590 yen in the second half of 2021, 610 yen in 2022, and now it sells 640 yen.
Japanese residents who have been in deflation for a long time have found that the price level has risen unconsciously.
Compared with rising prices, people are more concerned about whether wage income can rise. Since the bursting of Japan’s economic bubble in 1990, prices, wages and house prices have all stagnated and fallen into deflation. It was not until the last two years, under a series of stimulus policies, that the wage level in Japan began to increase steadily.
Rengo, Japan’s largest trade union organization, announced the results of the first round of "Spring Fight" (spring salary negotiation) on March 15th, 2024. The salary increase (including salary increase based on seniority) reached 5.28%, the largest increase since 1991, higher than 3.8% in 2023.
Many large Japanese companies also announced their salary increase plans around the "Spring Fight". On March 11th, ANA responded to the trade union that it would increase the monthly basic salary by 11,000 yen through this spring’s activities. If an agreement is reached, this will be the highest increase since 1991. Large Japanese companies such as Toyota Motor Corporation and Nissan Motor Corporation put forward the biggest salary increase in decades in the annual salary negotiation on March 13th.
On March 21st, Sony announced that it would raise the salary level of employees from FY 2024. For full-time employees at the director level, the maximum monthly increase is more than 50,000 yen, and the wage increase level is the same as that in 2023. The starting salary of new employees will also be increased by 10 thousand yen on the current basis.
Two years ago, Japan’s game industry raised wages for new employees (that is, fresh graduates) and raised the basic salary. Not only the new employees, but also the salaries of the old employees have increased steadily. Lin Bing roughly calculated that after joining the company, it will increase by about 10% every year.
Japan’s policy goal is to achieve a virtuous circle between wages and rising prices. In an interview with this newspaper, Nobuyichi Murao, chief investment officer of Nomura Asset Management Japan Initiative Stock, said that if the wage income of employees in the company can continue to rise, another kind of inflation will be formed, because higher income can buy more things, and enterprises can sell more things, or the price of selling things can be raised, which forms a benign inflation mechanism. If this mechanism can continue to develop, the Bank of Japan will change its loose monetary policy.
At the press conference on monetary policy held on the afternoon of March 19, 2024, Ueda Kazuo said that loose conditions will strongly support the economy and prices. "If necessary, we will consider all-round loose options, including the means used in the past." He also said that the pace of further interest rate hikes depends on the economic and price prospects.
A "visionary" decision to buy a house
The day after the Bank of Japan announced its decision to raise interest rates (March 20th), it happened to be a "red day" (that is, a holiday in Japan). Lin Bing hasn’t had time to consult with the loan bank. How much will this change increase his repayment cost?
In September 2022, Lin Bing bought his first house in Yokohama. After finding her favorite job, she decided to stay here for a long time.
Prior to this, Japanese housing prices had been depressed for a long time.
With the support of parents to help pay the down payment, Lin Bing didn’t consider too many market factors. In mid-2022, Lin Bing began to look at the house after obtaining the qualification of permanent residence in Japan, and it was finalized at the end of September. At that time, the house price was 52 million yen (about 2.48 million yuan), the loan was 36 million yen, and the mortgage was 35 years, and it was about 100,000 yen per month. When signing the loan contract, the annualized interest rate as low as less than 0.3% impressed Bing the most. In her view, this is close to no interest. Moreover, Japan has a tax-free policy for mortgage loans in the first ten years to encourage people to buy houses.
Not long ago, a Japanese friend suddenly praised Lin Bing for his foresight. He bought the house a few years ago, because the house price has risen again recently. This friend took a fancy to a house in Tokyo before, and now the house price has doubled, and he regrets not buying it.
From the relevant data, we can also find that the long-frozen Japanese house prices are warming up.
According to Kyodo News, in 2023, the average house price in the 23rd district of Tokyo, known as the barometer of Japanese house prices, increased by 39.4% over the previous year, reaching 114.83 million yuan (about 5.55 million yuan), setting a new record in 2022.
Shen Jianguang, chief economist of JD.COM Group, observed that the housing prices in Tokyo are overheating, and the myth that the high-end housing prices in downtown Tokyo have doubled in more than a year. For example, a 300-square-meter high-rise apartment in Tiger Gate, Tokyo, was worth more than $10 million in early 2022, but now it has soared to more than $20 million.
Close to interest-free loans, buying a house in Japan may be more cost-effective than renting a house, because the monthly payment may be lower than the rent. But even so, Lin Bing feels that his colleagues around him are not in a hurry to buy a house.
Japanese who have experienced the real estate bubble seem to be less enthusiastic about home ownership. Shanshan’s customers are almost all from Chinese, mostly from the first-tier cities in China, while there are almost no local Japanese buyers.
Most of these China customers buy more than one house, and some will buy several houses at one go. Moreover, the housing price is relatively high, and the total price mostly exceeds 50-70 million yen (about 2.4-3.3 million RMB). This is already a relatively high total price in Japan.
Judging from the company’s business data, Shanshan feels some changes. Company executives stressed that this period is the Japanese Cherry Blossom Festival (from March 15th to April 15th every year) and the May Day holiday coming to China soon, so a large number of China tourists may be welcomed. Employees should take it seriously, sort out the existing and potential customer information, match the housing for customers in advance, and it is best to have relevant plans.
Rising stock market and falling exchange rate
It is not only the Japanese real estate market but also the Japanese stock market that welcomes capital inflows.
Since 2023, the Nikkei 225 index began to climb sharply, reaching a high of 30,000 in May 2023. According to market evaluation, the Japanese stock index recovered its "lost thirty years" in one fell swoop.
On February 22, 2024, the Nikkei 225 index closed at 39,098.68 points. The last high point of the Nikkei index appeared on December 29, 1989. On that day, the Nikkei index closed at 38,915.87. On March 4th this year, the Nikkei 225 index broke through the 40,000-point mark for the first time in history. On March 19th, after the Bank of Japan announced a rate hike, the Nikkei 225 index turned red and returned to above 40,000 points.
Shanshan regrets not buying stocks early, but she is not sure whether she will "take over" at a high level when entering the market.
The steady rise of Japanese stocks is inseparable from the expectations of overseas investors on the market. Buffett’s action in the Japanese market has attracted the attention of the whole world. In 2020, Berkshire led by Buffett entered the Japanese market and held 5% shares of five major trading companies; In April 2023, Buffett visited Japan again after a lapse of 12 years, and announced that he would increase his holdings of five major trading companies, which continued to push up the popularity of the Japanese stock market.
The latest trading trends of various investment departments announced by Tokyo Stock Exchange show that in 2023, overseas investors bought a net amount of 3.1215 trillion yen, which reached a new high since 2013 in the early days of "Abenomics". Previously, overseas investors sold Japanese stocks for two consecutive years and sold 1.8 trillion yen in 2022.
Contrary to the performance of the stock market, the Bank of Japan raised interest rates for the first time in 17 years, but the yen fell instead of rising in the foreign exchange market. On March 19th, the yen depreciated by 1.12%, falling to the lowest level in nearly four months.
When Lin Bing first arrived in Japan in 2014, only 600 yuan could be exchanged for 10,000 yen. Now, he only needs about 480 yuan RMB.
In recent years, the falling exchange rate has caused a large number of European and American tourists to flood into the Japanese market for tourism or consumption. Lin Bing found that friends around him discussed the exchange rate very highly, but rarely discussed raising interest rates. Many local people think that they have been treated unfairly, and their life as a country is getting harder and harder, while foreigners come to travel and buy things cheaper.
After the interest rate hike, the yen fell instead of rising. Shen Jianguang felt that there were reasons for this meeting’s partial attitude, but more reflected the triple worries about the Japanese economy.
He analyzed that, first of all, Japan’s monetary policy is still dovish, and the turn of this monetary policy has lagged behind the trend of economy and inflation. Faced with the trend of economic growth, inflation and asset prices rising in an all-round way, the Bank of Japan is relatively cautious, not optimistic about the economic prospects, and believes that it still needs to improve its growth resilience. Ueda Kazuo said that a loose monetary environment will be maintained for the time being, and if necessary, the Bank of Japan will consider a wide range of policy easing options, including tools used in the past. Japan’s monetary policy has turned relatively passive, and it is expected that the probability of preventive interest rate hikes in the short term is not high.
The second worry is that the market is not confident enough about the endogenous kinetic energy of the Japanese economy, mainly because it is pessimistic about household consumption expenditure. With the rising inflation, the consumption power of ordinary Japanese families is limited. As of January 2024, the household consumption expenditure of two or more people was actually negative for November. In the fourth quarter of 2023, Japan’s private consumption decreased by 0.3% month-on-month, which significantly dragged down the GDP (gross domestic product) of the quarter. With the shift of monetary policy, Japan’s commodity price advantage weakens, and exports may be under pressure. It remains to be seen whether personal consumption can support economic growth between the "Spring Fight" salary increase agreement and the actual salary increase.
The third worry is that Japan’s structural problems, such as aging and declining birthrate, will not change. According to the "population speculation" data of the Japanese Ministry of Internal Affairs and Communications, it is estimated that by 2030, the proportion of the elderly population over 65 will reach 32%, and in 2005, the figure was only 20%. The shortage of labor force is the first dilemma faced by an aging society. At present, the potential labor force (population aged 15 and above) will drop rapidly around the end of 2021, and the job market will face long-term labor shortage pressure.
There are many elderly people in the Tokyo metropolitan area where Lin Bing lives. A few days ago, she asked for leave to go to the hospital on weekdays and found that there were almost no young people in the hospital, all of them were elderly people. Moreover, Lin Bing noticed that the fertility rate of young people in the company is relatively low, and young people with children are a minority.
Economic warming
After living in Japan for ten years, Lin Bing didn’t experience the social atmosphere after the initial bubble economy burst, only occasionally heard a few words from his predecessors.
Last year, Lin Bing’s minister (equivalent to the general manager of the domestic department) asked her if she wanted to go to other developed countries for development. This company has branches in Europe, America, Southeast Asia and other countries and regions. The minister can help recommend her to work in overseas branches.
In his view, Japan is a relatively flat country, and the economic situation has not been very good. When Lin Bing started his career in Japan, he might not feel the atmosphere in which everyone worked hard. However, other countries, such as Singapore, have a booming economy, and going to these places will help her future career.
This minister is in his fifties, approaching retirement age, and has experienced Japan’s "lost thirty years". He told Lin Bing that when he was young, everyone was working hard, passionate and energetic. Now, young people are in a relatively depressed social atmosphere.
In the late 1990s, Japan was mired in deflation. Although the Japanese government has tried many policy tools, it has never seen obvious improvement.
Now, according to various data, the Japanese economy seems to have reached its best period in more than 30 years. In the fourth quarter of 2023, Japan’s GDP returned to the positive growth range of 0.4%, and the economy improved moderately. The nominal growth rate of GDP for the whole year reached 5.7%, the highest point since 1992, and the real growth rate of GDP was 1.9%, which was also a high level in recent years. Corporate profits have maintained rapid growth. Since 2021, the overall profit center of Japanese enterprises has changed from negative to positive.
Has Japan really come out of the 30-year deflation quagmire? Zhao Yaoting, global market strategist in Jing Shun Asia-Pacific (excluding Japan), told the Economic Observer that the Bank of Japan’s decision to gradually normalize monetary policy is a positive development. This normalization may boost market confidence, and the first rate hike in 17 years sends a strong signal that Japan’s economy no longer needs such a high level of support, because its own situation has improved and is expected to continue.
On the weekend of March 16th and 17th, Shanshan’s friends traveled from China to Japan. They walked all the way from Meiji Jingu to Shibuya Station, and the road was crowded with people. Tourist teams from Europe, America, Southeast Asia and other regions gathered in several popular scenic spots in Japan. "It’s ridiculous. Perhaps this time is quite special, it is the cherry blossom festival in Japan, and it is estimated that there will be more people in the next two weeks. " Shanshan said.
According to data released by the Japan Tourism Agency, in 2023, the number of foreign tourists visiting Japan reached 25.066 million, exceeding 20 million again after three years.
Shanshan found that the current crowded scene in Japan is completely different from the previous two years-since last year, customers have to wait for meals in many restaurants, especially near scenic spots; Popular shopping centers need to queue up, and some stores need to limit purchases, make reservations or even draw their shopping qualifications by luck, which seems to be a sight that did not exist before the COVID-19 epidemic. "Consumption is so hot, economic recovery should not be a problem?" Shanshan said.
(At the request of the interviewee, Lin Bing and Shanshan are pseudonyms.)
The registration of the seventh national census will be held on.11moononeDay begins
Where is the new census?
China’s population development has entered a critical period, and a major national situation and national strength survey has been carried out.
appointmentseven hundredTen thousand census takers are ready, and the census objects can fill in their own reports for the first time.
Ensure the quality of data collection, and also ensure the information security of census users.
journalist Lu Yanan)
(Original link:http://paper.people.com.cn/rmrb/html/2020-08/12/nw.D110000renmrb_20200812_1-14.htm)
Kia EV5 provides a variety of driving modes, allowing users to choose according to their own needs. In the standard driving mode, the response of the throttle is relatively soft and not too sensitive, so the driving is relatively stable.
The steering wheel is also very light and the braking force is relatively linear. In addition, the shift paddle behind the vehicle steering wheel can be used to control the dynamics of the kinetic energy recovery system. The left paddle will increase the dynamics and the right paddle will decrease the dynamics. If you keep pulling the left shift paddle, the vehicle will automatically perform an operation similar to braking.
If you want a more intense driving experience, you can choose sports mode. In this mode, the switch of the vehicle will be more sensitive, and you can experience a slight push-back feeling after stepping on it. In addition, the steering feel will be heavier than the normal mode, which will give drivers greater confidence when changing lanes at high speed or driving on mountain roads.
Generally speaking, the driving mode of KIA EV5 is very flexible and can be selected according to personal preference. Whether on urban roads or highways, it can provide a comfortable or intense driving experience. It should be noted that in order to ensure driving safety, don’t switch driving modes frequently during driving.
1905 movie network news At noon on May 13th, Fan Bingbing’s studio issued a statement in the Weibo, stating that Fan Bingbing had never appeared in the movie "Let’s Fall in Love", and reserved the right to pursue legal responsibility for the wanton propaganda of merchants. According to the screenshot of "false rumors" posted by Fan Bingbing’s studio, the legendary "Let’s fall in love" will be performed by Fan Bingbing and Kim Soo Hyun. Now that the rumor has been broken, some netizens said: Professor Du was also shot while lying down.
A few days ago, there was a rumor in Weibo that a brand named "The Clean Fruit of the Third Meal" would be implanted in the new film "Let’s Fall in Love" co-produced by Kim Soo Hyun and Fan Bingbing, and said that "the contract has been signed" and openly solicited agents to join; The producer of the "film" is "Beijing Zhongchuan Cube". According to the information on the Internet, the company is not involved in the film field, and most of the film and television projects it mainly participates in are TV dramas such as Lock Clear Autumn.
At noon on May 13th, Fan Bingbing’s studio made a formal response and issued a statement saying that the news was untrue, and called on netizens not to be fooled by the wanton propaganda of some businesses, "beware of being deceived". At the same time, Fan Bingbing will reserve the right to pursue legal responsibility. Later, Fan Bingbing himself forwarded the Weibo. A large number of netizens said in their comments that "the goddess is too famous, and it is inevitable that unscrupulous merchants will use it to speculate", and some netizens laughed and said: "All professors are also shot while lying down."
In addition, Fan Bingbing’s studio also said that Fan Bingbing left Shanghai for the 68th Cannes Film Festival on the evening of May 12th. As a frequent visitor on the red carpet of Cannes Film Festival, Fan Bingbing once produced "representative works" such as dragon robes, crane costumes and blue and white porcelain. However, at this Cannes Film Festival, Fan Bingbing was still invited by the brand, and the new look of the red carpet was highly anticipated.
Military News reporter Guangzhou Branch (Zeng Qiwen Huo Dongxing) In late June, at a preparation meeting for a cross-day flight training of a land aviation brigade in the Guangzhou Military Region, the pilots participating in the training had a copy of "Special Handling Formula". Different from the complicated special handling process in the original Flight Driver’s Manual, the special handling formula scientifically simplifies the helicopter special handling procedure, and simplifies the special handling process of nearly 10,000 words into an 88-word formula.
Hexun. com lin xi
In the post-epidemic era, domestic third-party institutions are under the dual background of strict supervision and increasing market scale, that is, for third-party payment institutions, the current payment industry is facing both opportunities and challenges. There is a cloud in the Book of Changes: if you are poor, you will change, and if you change, you will pass, and the general rules will last for a long time. For the third-party payment institutions, at present, both at home and abroad are in the digital age, which is an important landmark event of the national team’s digital pace, namely the pilot of digital RMB, which means that the digital process of the payment industry is developing rapidly.
Then, under this background, as a third-party payment institution, how can we be flexible in order to achieve a gorgeous turn and cast a solid moat in this digital age to the greatest extent? As a third-party payment institution, as a capillary to activate economic development, how can we use payment to extend the tentacles of the digitalization process to every corner and realize the digital operation of the industries and merchants we serve as soon as possible? As a third-party payment institution, how should we play a good role as a supplement to the strength of the digital action national team and an active practitioner of policies? As a third-party payment institution, how can we better fully mobilize our own corporate advantages and incite this ever-growing trillion-dollar payment market? The "change" and "communication" hidden behind these topics, and third-party payment institutions such as Yinsheng Payment are writing their own answers.
Trillion payment market continues to grow, and third-party payment embraces new opportunities.
According to the data of "Special Analysis on Digital Development of Third-Party Payment Market in China in 2021" recently released by Analysys, in 2020, China’s mobile payment transaction scale, Internet payment transaction scale and offline code scanning market transaction scale showed a trillion-dollar market scale as a whole, and showed positive annual growth, and the payment industry showed a thriving development scene.
Among them, the mobile payment market. In 2020, although the sudden COVID-19 epidemic had a certain negative impact on China’s macro-economy and residents’ daily life, the transaction scale of China’s mobile payment market still maintained an annual positive growth of 23.7% in 2020, and the overall transaction scale of the industry once again hit a record high. This fully reflects the strong anti-risk ability of China’s overall macro-economy and payment industry.
In addition, Internet payment. After experiencing a negative growth in the overall transaction scale in 2019, in 2020, the annual transaction scale of Internet payment in China reached 24.95 trillion yuan, an increase of 0.8% compared with 2019; In terms of quarterly growth, except for the first quarter, China’s Internet payment also achieved a positive growth in quarterly transaction scale in the second, third and fourth quarters of 2020.
Furthermore, the offline scanning code market. In 2020, the overall transaction scale of China’s offline scanning code market reached 37.5 trillion yuan, an increase of 24.3% compared with 2019, and it still maintained a relatively stable growth trend against the background of COVID-19 epidemic. In this regard, Analysys believes that the substantial growth of the offline scanning code market, in addition to the timely control of the epidemic by the Chinese government and the rapid recovery of residents’ out-of-town consumption, the third-party payment institutions represented by Yinsheng Payment have promoted the digitalization process of merchants, helped various industries to resume production, and helped the whole society to fight the epidemic through various forms such as formalities reduction and exemption, operational support, digital solutions, research and development of online healthy passwords, and assistance in the issuance of electronic coupons, which is also a force that cannot be ignored.
Some analysts pointed out that there are great opportunities for the development of the payment industry hidden behind the changes in the objective environment, whether in the early stage of the epidemic or in the post-epidemic era. Whether we can seize this opportunity and achieve "communication" through "change" is very particular about the sense of smell and acumen of a payment institution, as well as the attitude and ability to embrace industry changes and respond positively.
Take Yinsheng Payment, a third-party payment institution, as an example. It focuses on B-side and empowers the outside world, and has been deeply involved in the payment industry for more than 10 years. At present, its service merchants have reached tens of millions, the number of transactions has reached hundreds of millions, and the transaction amount has reached trillions. According to public information, Yinsheng Payment Service Co., Ltd. (hereinafter referred to as "Yinsheng Payment") was established in 2009 and headquartered in Shenzhen. It is a subsidiary of Yinsheng Technology Service Group. In 2011, it was awarded the first payment institution with the Payment Business License by the People’s Bank of China, allowing it to engage in Internet payment, mobile phone payment and bank card acquiring business throughout the country. Yinsheng Payment is the first third-party payment institution to support foreign card receipt.
At the same time, Yinsheng Payment is a national high-tech enterprise, a member of China UnionPay, a founding shareholder of Networked Clearing Co., Ltd., a director of China Payment and Clearing Association and a vice-president of Shenzhen Bank Card Acquisition Industry Association. It is also a member of five international card organizations: Mastercard, Visa, Diners Card, AE and JCB. Moreover, Yinsheng’s payment business covers the whole country, covering education industry, intelligent manufacturing, RV industry, communication industry, FMCG industry, manufacturing industry, retail and wholesale industry, catering industry, property industry, logistics and distribution, insurance enterprises and other industries. In terms of bank card receipt, it has always been in the forefront of the country and has been ranked among the top ten in the country for many years.
Successfully renewed the payment license again and reached a new level with digital RMB.
In the digital age, for payment institutions, it is necessary to constantly enhance their own scientific and technological strength, and use science and technology to empower the outside world to truly solve payment-related problems for the vast number of merchants and enterprises. In the fierce industry competition, the successful renewal of payment license is a powerful proof of a powerful payment institution. In May this year, the People’s Bank of China issued the "Public Information on the Renewal of Payment Business License of Non-bank Payment Institutions in May 2021", which showed that Yinsheng’s payment license was successfully renewed, and its business types included Internet payment, mobile phone payment and bank card receipt, covering the whole country.
The successful renewal of payment license will undoubtedly get a pass for payment institutions that are in the current fierce wave of digital transformation and upgrading. At present, digital RMB, as an important landmark event in the digital age, has officially entered the pilot work after six years of development. As early as August 2020, with the Ministry of Commerce officially issuing the Notice on Printing and Distributing the Overall Plan for Comprehensively Deepening the Innovation and Development of Service Trade, China’s digital RMB officially began to be piloted in Shenzhen, Chengdu and Suzhou. In addition, in October 2020, the first large-scale "public beta" of digital RMB began in Shenzhen. Since then, digital RMB has been piloted in Suzhou, Beijing, Shanghai, Chengdu and other cities.
Some analysts pointed out that the increasing number of cities in the pilot project of digital people means that the development process of comprehensive digital RMB is also accelerating, and as a third-party payment institution, especially the payment institution that successfully renewed its payment license this year, actively deploying digital RMB business is undoubtedly another good way to realize its own development.
Li Nan, an associate professor in the Finance Department of Antai school of economics and management, Shanghai Jiaotong University, once said, "If the whole economic and financial system of our country is compared to a human body, then the payment system composed of financial institutions dominated by commercial banks is the aorta, while the third-party payment that goes deep into retail is the capillary. Both RMB and digital RMB are blood flowing in the blood vessels. Blood and blood vessels are interdependent, not competitive, and there is no problem that one party replaces the other."
In addition, Mu Changchun, director of the digital currency Research Institute of the People’s Bank of China, believes that China has always supported the coordinated development of various payment methods, and digital RMB and general electronic payment tools are in different dimensions, both complementary and different. Digital RMB will provide a new general payment method for the public, which can improve the diversity of payment tools and help improve the efficiency and security of the payment system. Digital RMB is mainly based on cash payment voucher (M0), mainly used for retail payment, aiming at improving the level of financial inclusion, and learning from electronic payment technology and experience to form a useful supplement.
From this point of view, in the digital age, if payment institutions can use their own technology and devote themselves to promoting the landing and development of digital RMB, they will inject fresh development momentum into payment institutions in the future.
It is understood that in terms of digital RMB payment, Yinsheng Payment is actively exploring the application of blockchain in the financial field, and actively responding to the national call to promote the landing of digital RMB and accelerate the layout of digital RMB business. Specifically, up to now, Yinsheng Payment has built an aggregate acceptance terminal that fully supports credit card swiping, code scanning, China Unionpay Quick Pass and digital RMB payment, and completed the upgrade iteration of the intelligent acceptance terminal. Some analysts pointed out that under the background of the country’s active promotion of digital RMB, Yinsheng Payment responded positively and made a difference. Such "change" will bring broader development opportunities for its future development to a new level.
Technology empowers "payment+ecology" to help millions of merchants operate digitally.
Promoting the promotion and landing of digital RMB is only one stroke in the process of digital transformation and upgrading for Yinsheng Payment. As far as Yu Yinsheng Payment is concerned, it is a vision to be committed to "becoming the benchmark of technology-based business service industry", and it is the initial intention of its digital transformation and upgrading to "superimpose comprehensive payment ability, technology ability and ecological service ability, build digital basic platform, digital service, digital management, digital marketing and other products and services, continuously empower customers, and promote millions of merchants to realize digital operation".
In this great action of digital transformation and upgrading, science and technology are the support, the foundation and guarantee of all upgrading and transformation. For payment institutions with innovation as their genes, in this digital revolution, all institutions are giving full play to their own scientific and technological research and development strength, constantly producing new solutions, and completing digital upgrades for the industries, enterprises and merchants they serve.
In order to further enhance their core competitiveness, the third-party payment institutions in the market have continuously increased their investment in technology research and development in recent years, and constantly upgraded their products and services. In addition to cultivating internal strength, payment institutions also strive to empower their own technology to related industries with digital needs such as education, retail and property. Taking Yinsheng Payment as an example, in April, 2021, Yinsheng Payment and Shandong Qilu Bank Binzhou Branch solved the difficulties in collecting and paying fees for many preschool education institutions through the comprehensive solution of education and training industry-Little Y Excellent Learning Payment, combined with the mode of embedding the payment portal in WeChat official account of the bank, and realized "online and offline linkage payment+rapid entry of student data+efficient payment management" to help educational institutions complete digital upgrading.
In addition, it is reported that we have adhered to innovation-driven Yinsheng payment, actively practiced technology empowerment, and launched many industry payment solutions and intelligent service products, such as the lightweight smart retail cashier solution "Little Y Genie", the whole industry cashier solution "Little Y Cashier", the enterprise wallet account system solution "Yinzhangtong", and the entertainment and leisure industry solution "e-Pay Entertainment" and other one-stop, differentiated integrated payment solutions. As well as digital management tools such as Yinshengxiao Y Butler APP, Yinshengli Code Receiving Card, Yinshengyun Horn, Yinsheng cloud print, Yinsheng Card Voucher Platform, and IoT Cloud Platform, to ensure the safety of users’ funds and add wings to the digital management of merchants and enterprises.
From the perspective of specific products and services, it is obvious that the achievements of digital transformation and upgrading of Yinsheng Payment are obvious to all, and it has also won the recognition and applause of the industry. For example, Yinsheng Payment won the VISA 2018 Outstanding Partner Award for acquiring business, and Yinsheng Payment’s "Yinsheng Quick Scan" won the Best Intelligent Terminal Market Performance Award; Another example is that in 2021, Yinsheng Payment won the honorary title of "Shenzhen Famous Brand" again, and Yinsheng Payment won the "UnionPay Excellent Partner Award".
In fact, aside from the specific products and services paid by Yinsheng, starting from its role as a subsidiary of Yinsheng Group, we can capture that there is actually a strong ecological support behind Yinsheng Payment. According to public information, Yinsheng Payment is a subsidiary of Yinsheng Technology Service Group. The five strategic sectors of "payment, communication, finance, technology and investment" of the Group can provide strong ecological support, form the unique ecological service capability of Yinsheng Payment, and build a moat for its own competition in the payment industry.
In addition to the specific products and services of digital upgrading and transformation and the strong ecological support behind them, in recent years, Yinsheng Payment has always adhered to development strategies such as "innovation", "deep cultivation" and "penetration", forming four core competitiveness of "innovative product system, comprehensive service capability, stable and safe technology and diversified value-added services". Moreover, on the basis of these four core competitiveness, Yinsheng Payment has deeply sunk the county-level market, deepened market segments, provided customers with personalized customized payment products and solutions, and integrated payment and marketing services, and promoted enterprise development with "payment+ecology" digital business services.
Some insiders pointed out that in the wave of digital revolution, as a third-party payment institution, only by actively embracing the "change" in it, that is, embracing the "change" in the payment industry to promote the "change" of self-innovation, thus forming a self-powerful barrier and building a moat in this great revolution; Moreover, in this great change, only by actively embracing national policies and actively participating in them can we conform to the historical trend and stride forward to achieve "communication"
[Disclaimer] This article only represents the viewpoint of the cooperative contributor, not the position of Hexun. Investors should operate accordingly, at their own risk.
Chinanews. com, February 4 th, "Am I responsible for inflation? No. " Recently, US President Biden said that he "does not take responsibility for inflation in the United States" because his remarks that the problem "already existed" when he took office caused many controversies. Some American media even claimed that he "told three big lies in 20 seconds".
On February 3, local time, Biden delivered a speech on the January work report of the United States in Washington. A reporter asked him, "Are you responsible for inflation?"
Biden gave a negative answer. He said, "Do you remember the financial situation when I came here? A large number of jobs have been lost and inflation is increasing. We didn’t make a decent thing here. We are in real economic difficulties. This is why I won’t (be responsible for this), thank you. "
With that, he left the scene smartly.
Biden fabricated inflation data, saying that soaring prices "already exist" to avoid accusations — — New York Post published an article on this topic that day, refuting Biden’s statement with data.
Image source: New York Post report screenshot
The report quoted the consumer price index of the US Bureau of Labor Statistics as showing that when Biden took office in January 2021, the inflation rate was only 1.4%, and then it soared to the highest level since the early 1980s during his tenure. Before Biden’s first year in office, the inflation rate had never exceeded 4% since 1991.
In another article, New York Post even pointed out directly that Biden told three "big lies" in 20 seconds. "Biden’s economic lies show that he is either a deceived narcissist or a complete liar."
According to The Hill, in August 2022, Biden publicly stated that the inflation rate in the United States was zero in July. "Although the prices of some things went up, the prices of other things dropped by the same amount. People are suffering, but last month the inflation rate was really zero. " This remark earned him the title of "liar of the year" by netizens.
As for Biden’s complacency due to US employment data, the US media pointed out that the United States did increase 517,000 jobs in January 2023, more than twice as much as expected. But this is not necessarily good news for inflation, and it reflects that the sharp interest rate hike by the Federal Reserve failed to solve the problem — — It may prompt it to raise interest rates further, reduce investment and trigger economic recession.
"No one would have thought of such a terrible number!" Seema Shah, chief global strategist of Principal Asset Management, an asset management company, said in a report on the 3rd. "When there is such explosive economic news, the Fed will not stop raising interest rates and consider cutting interest rates."
Biden’s remarks also caused dissatisfaction among netizens. Some people pointed out that "Americans are poorer than when Biden took office, inflation has destroyed the savings of millions of people, and real wages have fallen at the fastest rate in 40 years. In fact, most Americans say that they are worse off under Biden’s leadership, but Biden is not helping, but bragging. "
Others sarcastically said, "When people have to do two jobs to survive, yes, there are more jobs."
Source: Beijing Youth Daily
As the first joint-stock bank in China to obtain the qualification of digital RMB operation, China Merchants Bank recently appeared in the 2022 China International Fair for Trade in Services Financial Services Special Exhibition with a number of digital RMB application achievements and scene integration innovative services. The audience can quickly open the digital RMB wallet of China Merchants Bank and experience the various functions and services of China Merchants Bank.
Keep pace with the times: China Merchants Bank actively participates in the research and development of digital RMB wallets.
At the end of 2019, digital RMB was piloted in Shenzhen, Xiong ‘an, Beijing, Shanghai and other cities. In July 2021, China Merchants Bank became the first joint-stock bank in China to obtain the qualification of digital RMB operation. In January of this year, the "Digital RMB" App officially released the digital RMB wallet of China Merchants Bank, and then the China Merchants Bank App quickly iterated on the digital RMB wallet area. According to reports, at this stage, users can quickly open and experience China Merchants Bank’s digital RMB wallet in three steps of the "Digital RMB" App. Bank cards can be directly exchanged for digital RMB to be used in wallets, supporting offline code scanning, online payment, wallet exchange and other functions and services. The "Digital RMB" App and China Merchants Bank app have already realized interoperability. In addition, China Merchants Bank’s "Fengling" full-process service quality monitoring system is also escorting the continuous user experience.
As early as 2015, China Merchants Bank began to carry out scientific and technological innovation projects and research and apply blockchain technology in the field of cash business. In 2016, China Merchants Bank began to participate in relevant research and discussions in digital currency, and continued to follow up the implementation of the digital currency Plan. Now, China Merchants Bank has formed a professional blockchain team of more than 60 people and accumulated a lot of practical experience. In the face of digital "new infrastructure", China Merchants Bank has been advancing with the times, actively participating in the research and development of digital RMB and ecological construction, helping the national key strategies and contributing to the strength of China Merchants Bank in the blueprint vision of the digital economy.
Braving the tide: realizing the coverage of multiple scenes with the power of innovation
At present, China Merchants Bank, taking advantage of financial technology, has achieved digital RMB scene coverage in many fields, such as transportation, government affairs and convenience, payroll, and inclusive loans. In April this year, it successfully landed the first digital RMB payment of high-speed tolls in Guangdong Province, and comprehensively covered the collection of high-speed sections in Guangdong Province, and successfully landed the first digital RMB salary payment in Chongqing in the same period. In June, we further broadened the payment channels for government services, efficiently completed the first digital RMB tax refund business in Shandong Province, and refunded more than 200,000 yuan for two enterprises. In addition, the first inclusive loan in the financial system in the form of digital RMB was innovatively issued, which was used to pay employees’ salaries and raw materials for upstream enterprises, achieving a breakthrough in the application scenario of digital RMB, realizing an innovative attempt in helping enterprises to bail out, providing new ways of efficient financing for small and micro enterprises, and at the same time ensuring the authenticity and credibility of the closed-loop circulation and use of credit funds, greatly enhancing the convenience and availability of inclusive finance.
At the level of ecological links in the same industry, China Merchants Bank has actively built a digital RMB operation service platform to achieve unified access for cooperative institutions. At present, it has successfully signed contracts with a number of peers.
It can be said that China Merchants Bank has been engraved with the gene of "technology-driven and innovative" since its inception. Under the background of new digital infrastructure, it has continuously promoted the full application of digital RMB in retail supermarkets, smart parks, business districts, cultural tours, and salary generation. Up to now, China Merchants Bank has also formed the interconnection of online and offline digital RMB services such as Digital RMB App, China Merchants Bank App, Enterprise App, Paypass APP, online banking, business outlets, etc., providing omni-channel services and meeting users’ demand for digital RMB.
Perseverance: "Four Innovations" Mode to Promote the Exploration of Digital RMB Business
Facing the opportunity of digital RMB, focusing on solving the pain points of users, "cultivating internal strength" is the way to persevere. In the future, China Merchants Bank will continue to stimulate the imagination with the "four major innovations".
Through the combination scheme of "umbrella wallet+smart contract", the demand for fund sharing of large merchants is solved; Through the combination scheme of "smart contract+mother-child wallet", the crisis of prepaid trust is solved and the security of funds is protected; Through the linkage with the current financial management of China Merchants Bank "Chaochaobao", the intelligent management of wallet balance can be realized, and the efficiency of capital utilization and the maximization of income can be improved; Explore the feasibility of digital RMB insurance premium payment, claim payment, personal consumption loan payment, etc., and insert the wings of digital RMB into thousands of households.
In the future, China Merchants Bank will continue to invest in the construction of national digital RMB, focusing on key application scenarios, aiming at serving users well and creating the best user experience, and helping the national key strategy and the ecological construction and development of digital RMB.
Text/Jin Renfu