On the morning of the 3rd, the 4th world internet conference opened in Wuzhen, Zhejiang Province, and the Supreme Leader of president sent a congratulatory letter. Regarding the Internet, the Supreme Leader has always attached great importance to it and made many important speeches. How to build a network power? How to ensure network security? How to let more people enjoy the Internet development dividend? These 20 sentences of the Supreme Leader are worth reading carefully.

　　On April 19, 2016, the Supreme Leader hosted a symposium on network security and informatization in Beijing and delivered an important speech. Xinhua News Agency reporter Ma Zhancheng photo

　　1. Talk about the general trend: China has become a network power.

　　Mankind is experiencing the information revolution.

　　Judging from the history of social development, human beings have experienced agricultural revolution, industrial revolution and information revolution.

　　— — On April 19, 2016, the Supreme Leader’s Speech at the Symposium on Network Security and Informatization

　　Network has entered thousands of households in China.

　　China’s Internet and informatization work has made remarkable achievements. The network has entered thousands of households, and the number of netizens ranks first in the world. China has become a network power.

　　— — On February 27, 2014, the Supreme Leader’s Speech at the First Meeting of the Central Cyber Security and Informatization Leading Group

　　The reform of global Internet governance system has entered a critical period.

　　The global Internet governance system has entered a critical period, and building a community of cyberspace destiny has increasingly become a broad consensus of the international community.

　　— — On December 3, 2017, the Supreme Leader sent a congratulatory letter to the Fourth world internet conference.

　　2. Talking about building a network power: we must have our own technology and excellent technology.

　　Strive to build China into a network power

　　We should proceed from the international and domestic general trend, make overall arrangements, coordinate all parties, innovate and develop, and strive to build China into a network power.

　　— — On February 27, 2014, the Supreme Leader’s Speech at the First Meeting of the Central Cyber Security and Informatization Leading Group

　　We should have our own technology, information services, infrastructure and talent team.

　　To build a network power, we must have our own technology and excellent technology; There must be rich and comprehensive information services and a prosperous and developed network culture; It is necessary to have a good information infrastructure and form a strong information economy; There must be a high-quality network security and information talent team; We should actively carry out bilateral and multilateral international exchanges and cooperation on the Internet.

　　— — On February 27, 2014, the Supreme Leader’s Speech at the First Meeting of the Central Cyber Security and Informatization Leading Group

　　We should gather talents from all over the world and use them.

　　As I said, if we want to develop our cause well, we must gather talents from all over the world and use them.

　　Without an excellent talent team, creativity and vitality, it is difficult to build a powerful network country. Only by studying the classics of talents can we get twice the result with half the effort.

　　— — On April 19, 2016, the Supreme Leader’s Speech at the Symposium on Network Security and Informatization

　　3. Talking about cyberspace: Grasp the timeliness and effectiveness of public opinion guidance.

　　Grasp the timeliness and effectiveness of online public opinion guidance

　　It is a long-term task to do a good job in online public opinion. We should innovate and improve online publicity, use the law of online communication, carry forward the main theme, stimulate positive energy, vigorously cultivate and practice socialist core values, grasp the time, degree and effect of online public opinion guidance, and make cyberspace clear.

　　— — On February 27, 2014, the Supreme Leader’s Speech at the First Meeting of the Central Cyber Security and Informatization Leading Group

　　Leading cadres should learn to follow the mass line through the internet.

　　Netizens come from ordinary people, and when ordinary people go online, public opinion goes online. Where the masses are, our leading cadres will go, otherwise how can we contact the masses? Party and government organs and leading cadres at all levels should learn to follow the mass line through the Internet, often surf the Internet, dive, chat and make noises, understand what the masses think and wish, collect good ideas and suggestions, and actively respond to netizens’ concerns and doubts.

　　— — On April 19, 2016, the Supreme Leader’s Speech at the Symposium on Network Security and Informatization

　　Concentric circles should be formed online and offline.

　　In order to achieve our goal, concentric circles should be formed online and offline. What are concentric circles? It is under the leadership of the Party that people of all ethnic groups throughout the country are mobilized, and the enthusiasm of all parties is mobilized to work together to realize the Chinese dream of the great rejuvenation of the Chinese nation.

　　— — On April 19, 2016, the Supreme Leader’s Speech at the Symposium on Network Security and Informatization

　　Create a clear cyberspace

　　Strengthen the construction of Internet content, establish a comprehensive network governance system, and create a clear cyberspace.

　　— — On October 18, 2017, the Supreme Leader, on behalf of the 18th Central Committee, delivered a report to the 19th Congress of the Communist Party of China.

　　4. Talking about network security: the core technology of the Internet is our biggest "life gate".

　　Security and development should be promoted simultaneously.

　　Network security and informatization complement each other. Security is the premise of development, development is the guarantee of security, and security and development should be promoted simultaneously.

　　— — On April 19, 2016, the Supreme Leader’s Speech at the Symposium on Network Security and Informatization

　　To ensure Internet security and national security, we must break through the difficult problem of core technology.

　　The core technology of the Internet is our biggest "life gate", and the core technology is subject to people, which is our biggest hidden danger.

　　If we want to master the initiative of China’s Internet development, and ensure Internet security and national security, we must break through the difficult problem of core technology and strive to achieve "overtaking in corners" in some fields and aspects.

　　— — On April 19, 2016, the Supreme Leader’s Speech at the Symposium on Network Security and Informatization

　　Maintaining network security is the common responsibility of the whole society.

　　Network security is for the people, and network security depends on the people. Maintaining network security is the common responsibility of the whole society, which requires the joint participation of the government, enterprises, social organizations and the majority of netizens to build a network security defense line.

　　— — On April 19, 2016, the Supreme Leader’s Speech at the Symposium on Network Security and Informatization

　　5. Talking about informatization: Let hundreds of millions of people have more sense of gain in sharing the fruits of Internet development.

　　Promote the in-depth integration of informatization and industrialization

　　Facing the trend of informationization, only by actively seizing the commanding heights can we win the development opportunities. To promote the in-depth integration of informatization and industrialization, we must use more brains and practical measures in informatization.

　　— — On June 17, 2015, the Supreme Leader stressed during his investigation in Guizhou.

　　Open up the information "artery" of economic and social development

　　We should strengthen the construction of information infrastructure, strengthen the deep integration of information resources, and open up the information "artery" of economic and social development.

　　— — On April 19, 2016, the Supreme Leader’s Speech at the Symposium on Network Security and Informatization

　　Provide useful, affordable and well-used information services for ordinary people.

　　It is necessary to adapt to the people’s expectations and needs, speed up the popularization of information services, reduce the application cost, provide useful, affordable and well-used information services for the people, and let hundreds of millions of people have more sense of sharing the fruits of Internet development.

　　— — On April 19, 2016, the Supreme Leader’s Speech at the Symposium on Network Security and Informatization

　　On November 16th, 2016, the 3rd world internet conference opened in Wuzhen, Zhejiang Province. The Supreme Leader delivered a speech by video at the opening ceremony. Xinhua News Agency reporter Zhang Duo photo

　　6. Talk about global Internet governance: work together to build a community of cyberspace destiny.

　　Internet poses new challenges to national sovereign interests.

　　The Internet has truly turned the world into a global village and made the international community more and more a community of destiny with you and me. At the same time, the development of the Internet poses new challenges to national sovereignty, security and development interests, and it is urgent for the international community to seriously respond, seek common governance and achieve a win-win situation.

　　— — On November 19th, 2014, the Supreme Leader sent a congratulatory message to the first world internet conference.

　　Promote the reform of the global Internet governance system

　　On the basis of mutual respect and trust, the international community should strengthen dialogue and cooperation, promote the reform of the global Internet governance system, jointly build a peaceful, secure, open and cooperative cyberspace, and establish a multilateral, democratic and transparent global Internet governance system.

　　— — Speech by the Supreme Leader at the Opening Ceremony of the Second world internet conference on December 16, 2015.

　　To make good use of, develop and manage the Internet, we must deepen international cooperation in cyberspace.

　　The development of the Internet is borderless and borderless. To make good use of, develop and manage the Internet, we must deepen international cooperation in cyberspace and work together to build a community of cyberspace destiny.

　　— — On November 16, 2016, the Supreme Leader made a video speech at the opening ceremony of the third world internet conference.

　　Everyone’s business is discussed and handled by everyone.

　　We advocate the "four principles" and "five-point proposition" in the hope that together with the international community, we will respect network sovereignty and carry forward the spirit of partnership, and we will discuss and handle our own affairs, so as to achieve common development, common security maintenance, common governance participation and shared achievements.

　　— — On December 3, 2017, the Supreme Leader sent a congratulatory letter to the Fourth world internet conference.

　　Source: People’s Daily client, finishing: Li Jianguang, Yue Xiaoqiao, Song Jingsi

　　Editor of this issue: Tian Feng and Shi Lei.

Original clove doctor　

A surprise inspection!

Did you have a good drink of water today?

Or are you feeling thirsty

My throat is as dry as the Sahara desert.

Under normal circumstances, adult women only need to consume 1.1 ~ 1.5 liters of water a day, and adult men only need to consume 1.2 ~ 1.9 liters of water to meet their needs (including water in drinks and food).

But! Some people need more water than this.

Image source: cover expression pack

If you eat something at ordinary times, you must have a drink.

Otherwise, it’s too dry to swallow

When sleeping at night

I’m so thirsty that I may even cough

Need to get out of bed for tons of irrigation three times and two times.

Crucially:

I also drank a lot of water, but I just couldn’t quench my thirst!

Don’t be nervous yet ~ Thirst is a normal physiological reaction of human beings. In the short term, it may be that the weather is too hot, eating too salty, and just experienced strenuous exercise.

But if you continue to feel dry mouth and have some other accompanying symptoms, be careful!

This may be a signal from some diseases: your body has several potential health problems that need to be vigilant.

Image source: Station Cool Hailuo

01

Thyroid diseases

Patients with hyperthyroidism have increased thyroid hormone secretion, accelerated basal metabolic rate and significantly increased oxygen consumption. In addition, the heat production of the body increases, the heat dissipation accelerates, and the demand for water will increase accordingly.

Make your mouth thirsty, become a buffalo, and drink more water than usual.

Hyperthyroidism patients may also be accompanied by increased heart rate, palpitation, shaking hands, diarrhea, more sweating in hands, less hair loss, etc., but the most obvious manifestation may be the thickening of the neck.

In addition, people who used to be nice have suddenly exploded like a runaway scooter recently.

I also feel that I am always upset, insomnia and anxiety, and my brain often has a party late at night, making it difficult to sleep.

In the above situation, it is best to go to the endocrinology department in time and make an appointment for thyroid function determination and ultrasound examination.

Image source: Station Cool Hailuo

02

sicca syndrome

This is a common rheumatic disease, and the common clinical manifestation is dry mouth for more than 3 months.

Say a word and eat a solid food, you need to drink water. Eyes will feel very dry, like entering the sand.

Different from "dry eye", it is an eye disease, which is caused by insufficient tear secretion or excessive evaporation. Sjogren’s syndrome is a chronic autoimmune disease.

Let’s just say it’s because your own immune organization mistakenly attacked salivary glands, lacrimal glands and other glands. These glands responsible for producing water are destroyed and the water secretion is reduced, so you feel dry mouth and eyes.

The data show that the probability of Sjogren’s syndrome patients suffering from malignant lymphoma is nearly 40 times higher than that of ordinary people. It may also affect other multiple systems of your body and have corresponding clinical manifestations:

Involving the skin, it can be manifested as itching and desquamation of the skin;

Involved in the respiratory tract, dry cough and dyspnea may occur;

Involvement of digestive system may be accompanied by abdominal distension and diarrhea;

Involving the nervous system, limb numbness and weakness, orthostatic hypotension, hyperhidrosis, hypohidrosis or anhidrosis of limb skin, memory and attention loss may occur.

There may also be systemic symptoms such as fatigue and low fever, and a few cases will show high fever, even high fever above 39℃.

Sjogren’s syndrome is generally recommended to go to the Rheumatology Immunology Department for investigation. If there is no such department, you can go to the General Internal Medicine Department for a look.

Image source: Station Cool Hailuo

03

Diabetes, poor blood sugar control

In addition to often feeling thirsty, I am particularly hungry; Frequent urination-the number of times to pee in the toilet has increased, and the amount of urination has also increased; Weight is also lost for no reason, accompanied by a sense of fatigue that is difficult to relieve.

Please pay attention to your blood sugar level! This may be the typical symptoms of diabetes: drinking more, eating more, urinating more and losing weight.

When blood sugar rises, there will be osmotic diuresis, which will lead to the reduction of water reabsorption by the kidney, and a large amount of water will be discharged from the kidney, thus making the urine volume increase abnormally. Therefore, the body is short of water, and then it feels thirsty and unconsciously wants to drink more water, which further leads to an increase in urine output and a vicious circle.

Diabetes is very common, with 11 patients in every 100 people, and most of them can’t be cured. Once they get it, they need lifelong treatment.

If you want to know your blood sugar health as soon as possible, you can go to the endocrinology department.

Image source: Station Cool Hailuo

04

sleep apnea syndrome

After waking up in the morning, I often feel that my throat is terribly dry. Don’t ignore it. Looking back, do you still snore when you sleep?

Some people are dry, while others are dry because Lao Zhang snored with his mouth open the night before.

This is not a rap or joke, obstructive sleep apnea syndrome (OSA), but also a large group of patients with dry mouth.

TA people may snore and snore when they sleep, and their breathing pauses for several seconds before they recover. Classic clinical manifestations also include: feeling suffocated when sleeping, thirsty after waking up, dizziness and headache, drowsiness during the day, and difficulty in concentration …

In contrast, dry mouth is just a minor problem.

Studies have found that it is also related to cardiovascular and cerebrovascular diseases (such as stroke), metabolic diseases and other multi-system damage. The probability of traffic accidents in patients with obstructive sleep apnea syndrome is 250% higher than that in the general population.

Image source: Station Cool Hailuo

05

diabetes insipidus

This is a relatively rare disease.

Let’s just say that we ordinary people can’t maintain normal urine output without a substance called "antidiuretic hormone". It is synthesized by the hypothalamus and stored in the pituitary gland, working silently for us.

If this mechanism is obstructed and antidiuretic hormone is deficient, it will fall into a state of "storage failure"; Or the kidney is not sensitive to this hormone, which will make you dry mouth and urinate easily, and may also excrete a lot of innocent urine.

Generally speaking, normal adults excrete about 1 ~ 2 liters of urine a day, that is, 4 ~ 6 times of urine.

If you urinate more than 4 liters in 24 hours and urinate significantly more than 6 times, and this situation lasts for more than half a month, be alert to the possibility of diabetes insipidus.

If you are really worried, you can go to the endocrinology department or nephrology department for treatment.

Image source: Station Cool Hailuo

To sum up, whether you want to see a doctor about dry mouth mainly depends on whether it lasts for more than 3 months and has affected your daily life.

If so, remember to actively seek medical treatment and check the risk of disease. Don’t delay! Don’t delay! Don’t delay! Say the important things three times.

As for friends who are usually fine and suddenly feel itchy and have a dry mouth when they see here … Don’t panic, I advise you to drink some water first. You may simply drink less water!

Image source: emoticon pack

Or, you have thoroughly investigated the possible pathological factors, and still feel dry mouth often, and don’t fall into the "hypochondriac trap". There is also a simple answer: you need to consume more water than others, so don’t worry too much.

Admit that some "problems" are like myopia. Although it is difficult to eradicate, we can still learn to live in peace with them.

This article review expert

references

[1] Yamada Y, Zhang X, Henderson MET, Sagayama H, Pontzer H, et al. Variation in human water turnover associated with environmental and lifestyle factors. Science. 2022 Nov 25; 378(6622):909-915.

Ge Junbo, Xu Yongjian, Wang Chen. Internal Medicine [M]. 9th edition. Beijing: People’s Medical Publishing House, 2018: 829-832.

Plan and make

Planning: V | Producer: Feidi

Cover image Source: Network

Original title: "Often dry mouth, don’t think that there is water shortage! May be a sign of disease "

Read the original text

"If you don’t pay attention, you will lose two points. Now you should be more cautious!" Wang Peng (a pseudonym), a young doctor from Chongqing Southwest Hospital, said regretfully in front of reporters on December 6. He was the first participant in the third training course of "driver’s license" management doctors’ rational drug use in the country. Because he was scored 6 points, he was stopped from studying prescription rights for a week.

The reporter learned from the hospital that there are 34 doctors from 11 departments studying with Wang Peng. Although some doctors feel wronged, most of them think that "it is necessary to return to the furnace." In fact, since the implementation of the "driver’s license" management of rational drug use, the hospital has been warned by 760 person-times, one person has revoked the prescription right, 75 people have been suspended from attending training courses, and three department directors have admonished and talked. The "scorecard" is directly linked to the term evaluation, professional title promotion and year-end rewards and punishments of doctors.

"driver’s license" to manage doctors’ rational drug use

In order to make doctors more cautious in prescribing drugs, Chongqing Southwest Hospital pioneered the "driver’s license" system to manage doctors’ rational drug use in the country. A doctor’s prescription right is just like a driver’s license. If a scoring system is implemented, doctors who use drugs unreasonably will be penalized. Once they are deducted 12 points, they may be punished by demotion, suspension and so on.

Zhang Hongyan, deputy director of the Medical Education Department of Southwest Hospital, told the reporter that in recent years, the hospital has taken the lead in giving quantitative scoring management to the personal medication of the prescribers in the hospital with the help of information technology. Each doctor has only 12 points. According to the degree of unreasonable drug use by doctors, the deduction standard is divided into Class I, Class II and Class III errors. "In the whole hospital, no one enjoys the privilege. From the third-level old experts and professors to the general attending doctors, there is a standard." He said.

The reporter saw in the hospital that the deduction standard of the doctor’s personal scorecard for rational drug use is very detailed: 0.5 points are deducted for a class of mistakes, mainly including irregular prescription writing, course of treatment that does not meet the general regulations, etc. Deduct 1 point for class II errors, including inappropriate usage and dosage, long course of treatment, etc. Deduct 2 points for three kinds of mistakes, mainly referring to unconventional drug use, such as prescribing a single prescription with an amount of more than 1,500 yuan without justifiable reasons. The punishment is also divided into three levels: the first-level deduction is below 6 points. The hospital will send a text message to remind the doctor and inform the department director; The second-level deduction is over 6 points. Doctors will suspend prescription rights for one week, attend training courses on rational drug use at their own expense, and only after passing the examination can prescription rights be restored; 12 points will be deducted at the third level. Doctors will be demoted, suspended, etc.

"The adverse reactions caused by drug use are undoubtedly a risk for patients, and irrational drug use has increased this risk, all over the world." Guo Jiwei, president of Southwest Hospital, said that the purpose of using such a strict system to control doctors’ medication is simple, that is, to make doctors use drugs more rationally.

The cost of medicine per outpatient is greatly reduced.

"It’s nothing to spend a few hundred dollars in some slightly larger hospitals, most of which are tens of thousands of dollars. Who dares to go to the hospital casually!" When the reporter interviewed randomly on the street, many citizens expressed similar views to the reporter. Undoubtedly, the root of the contradiction between doctors and patients is mostly caused by the large prescription medical expenses prescribed by doctors.

According to the data disclosed by the first China Medical Rule of Law Forum, there were 115,000 medical disputes in China in 2014, and many hot topics of public opinion are the reflection of the increasingly complex relationship between doctors and patients in real life. With the development of commercial society, the doctor-patient relationship has changed from "life entrustment" to "money transaction", and the contradiction between doctors and patients has also become prominent. According to the statistics of the Chinese Medical Doctor Association, before 2014, the number of medical injuries in China showed an increasing trend year by year.

Some experts pointed out: "Pursuing the maximization of benefits, doctors act as a bridge between patients and pharmaceutical companies, and large prescriptions and multi-course treatment programs make patients miserable, which has become a major source of contradictions between doctors and patients." The "driver’s license" management medication system initiated by Chongqing Southwest Hospital seems to provide an effective prescription for easing the tense doctor-patient relationship.

It is understood that "driver’s license" management is not only a penalty deduction, but also a comprehensive control effect through training and assessment, simulation test, early warning and monitoring, real-time control and interaction management. Zhang Hongyan introduced that the prescriptions prescribed by doctors are monitored in real time. As long as there is a suspected unreasonable prescription, the system will display it to assist professional pharmacists to judge after reading it. Doctors who are not convinced will be judged by experts in the hospital.

According to Lu Changwei, head of the medical department of the medical education department of the hospital, after the implementation of the system, the drug cost per outpatient has dropped from 288 yuan per capita in 2013 to 256 yuan per capita at present; The cost of medicine per inpatient has dropped from about 9,600 yuan per capita in 2013 to about 6,500 yuan at present.

Step on the "emergency brake" for irrational drug use

Excessive medical treatment runs counter to the direction of medical reform and even weakens the fair effect of medical reform. According to industry insiders, this system can "slam the brakes" on irrational drug use, which is very necessary for the current public hospitals. A professor at Chongqing University told the reporter: "The reason for irrational drug use behavior is not only profit-driven, but also the lack of drug knowledge and the lack of correct drug use habits. Under the mechanism of supplementing medicine with medicine, doctors have developed many wrong medication habits, and even without economic incentives, they will prescribe medicine according to old habits. The deduction system can push the doctor’s medication behavior to the standardized track in a short period of time. "

Experts pointed out that the "driver’s license" rational drug use system can largely cut off the bridge role of doctors between patients and pharmaceutical companies, on the one hand, standardize the treatment behavior of doctors; On the other hand, it also reduces the financial burden and extra physical burden of patients, which is a great help to solve the contradiction between doctors and patients.

The reporter’s investigation found that since the implementation of the "driver’s license" rational drug use system, most citizens have supported it. They generally feel that the system can curb doctors’ behavior of obtaining benefits from patients in disguise and losing medical ethics, and at the same time, it can promote the standardized operation of the whole medical industry. However, some doctors worry that the implementation of this system will bring some troubles to doctors.

Dr. Zhang from a 3A hospital in Chongqing said: "Doctors have to take self-protection measures for fear of falling into endless medical liability disputes when treating patients’ diseases. That is to say, the pursuit of’ what can be checked or not must be checked’,’ one or two courses of medicine can be cured and three courses of medicine can be opened’, and’ large prescriptions can be cured’ is to avoid unnecessary risks. " In his view, it should not be possible to improve the responsibility identification mechanism for medical disputes between doctors and patients, otherwise the "driver’s license" medication system may make doctors feel at a loss.

Kobayashi Pharmaceutical, once "snapped up" by consumers in China, was caught in a storm of illness and death caused by health care products.

On the evening of March 27th, Kobayashi Pharmaceutical (China) Co., Ltd. issued a statement to assist Kobayashi Pharmaceutical Co., Ltd. to recall the products related to the use of red bream raw materials independently, saying that according to the announcement of Kobayashi Pharmaceutical Co., Ltd., this independent recall involved three products, none of which were listed and sold in Chinese mainland market. Some consumers in China have purchased related products through overseas cross-border platforms, overseas physical stores or other channels, and our company will actively provide assistance in product recycling.

"For products purchased from cross-border official channels, assist Kobayashi Pharmaceutical Co., Ltd. to recycle through UNQ Japan Co., Ltd.. For other consumers, it is recommended to contact the original purchase channel to return the goods. If we encounter problems and difficulties in this process, our company will actively assist and properly solve related matters from the perspective of facilitating consumers. " The statement said that the company had notified the relevant cross-border platforms on March 22, 2024, requesting them to take off the relevant products urgently, and informed all consumers to stop eating immediately as soon as possible. We will continue to inform you many times through Want Want, SMS and other channels to ensure that the information can reach every consumer. For other known platforms with related products for sale, we are contacting the platforms one by one to request that the related products be immediately removed from the shelves and that the platforms inform all consumers to stop eating immediately as soon as possible.

According to CCTV news, NHK reported that the Japanese Ministry of Health, Labor and Welfare announced the second death case after ingesting health products containing red koji from Kobayashi Pharmaceutical Company on March 26th, and the number of people admitted to hospital has increased to 106.

According to Japanese media reports on March 27th, local time, the Osaka city government of Japan ordered Kobayashi Pharmaceutical Company to recall three kinds of products, such as "red yeast cholesterol granules", because the above products received a large number of reports of health damage and death, and the Ministry of Health, Labor and Welfare thought that "it was suspected to contain harmful substances". The monascus involved was produced by Kobayashi Pharmaceutical Osaka Factory, and the company said that it may be different from the expected ingredients from mold that caused the problem.

Prior to this, on March 24th, Kobayashi Pharmaceutical China issued a recall notice to consumers of China e-commerce platform, saying that some affected products were sold to Chinese mainland through cross-border channels, and consumers could return them and get a refund. At that time, in the notice, only one item involved in the product was mentioned.

On March 27th, the reporter contacted the customer service center of Kobayashi Pharmaceutical in China as a consumer. The customer service staff said that only one product in China was added with monascus ingredients, and other products were not. Regarding the safety of health care products containing monascus ingredients, the customer service staff said: "The reply given by our agency is that we have not confirmed whether it is directly related to kidney disease at present." If consumers are worried about health risks, it is recommended to have a kidney examination on blood, and the inspection fee will be reimbursed by the company.

If there is something wrong with the kidney, can it be judged that it is related to the product? The above-mentioned customer service staff said that it depends on the doctor’s judgment. "There must be a problem if it has not been confirmed yet, so the company can’t give a reply for the time being saying that there must be a problem, or there must be no problem."

It is worth noting that there are also domestic health care products companies and pharmaceutical companies that own products containing "red yeast".

On March 27th, Luye Pharmaceutical (2186.HK) told The Paper that the raw material of the red yeast used in Xuezhikang Capsule is a special red yeast produced by Peking University Weixin Biotechnology Co., Ltd., which has independent intellectual property rights and has nothing to do with the raw materials used by Kobayashi Pharmaceutical.

Kobayashi Pharmaceutical was asked to recall three products in Japan. What is "red koji"?

The pathogenic and fatal storm of health care products containing monascus ingredients has been fermented for many days.

On March 22, Kobayashi Pharmaceutical announced that some consumers have recently developed kidney diseases after using the health products containing monascus ingredients produced by the company. Subsequently, Japanese food and alcohol manufacturers also announced the recycling of products related to red koji produced by Kobayashi Pharmaceutical.

On March 25th, Kobayashi Pharmaceutical Co., Ltd. of Japan announced that 33 people had developed kidney diseases and other abnormal health conditions after taking the health products containing monascus, and 26 of them had been hospitalized.

On March 26th, Kobayashi Pharmaceutical Company of Japan announced that a person who might continue to take health products containing monascus for about 3 years died of kidney disease in February. Taking this product is suspected to have a causal relationship with death. An investigation has been launched and people are urged not to use the product for the time being. Also on March 26th, the Japanese Ministry of Health, Labor and Welfare held a three-hour hearing on Kobayashi Pharmaceutical Co., Ltd. on the issue that the raw materials of red yeast rice may cause damage to consumers’ health.

Japanese regulatory authorities have taken measures against Kobayashi Pharmaceutical related products. According to CCTV news, citing Japan’s current affairs news agency, Japan’s Ministry of Health, Labor and Welfare has informed relevant departments in Osaka City where Kobayashi Pharmaceutical Company is headquartered to take measures such as discarding the company’s related products based on the Food Sanitation Law.

According to Japanese media reports on March 27th, local time, the Osaka municipal government of Japan ordered Kobayashi Pharmaceutical to recall three products, including "red yeast cholesterol granules". In addition, Kobayashi Pharmaceuticals of Japan has withdrawn eight kinds of monascus health products from the Japanese Consumer Hall as functional label foods for the record, including three recalled products.

According to Japanese media reports, Kobayashi Pharmaceutical also announced that "Monascus" raw materials are also supplied to 52 companies including beverage and food manufacturers. Among the "red koji" raw materials produced, 20% are used for their own products, and 80% are sold to other enterprises. According to Japanese media reports, Kobayashi Pharmaceutical has supplied raw materials of monascus to other manufacturers through trading companies since 2016, and has been used in Japanese wine and snacks. The suppliers also include enterprises in Taiwan, China.

According to CCTV news, as of the evening of 26th local time, 30 companies, including Kobayashi Pharmaceutical Company, have announced that they have independently recycled the products of Kobayashi Pharmaceutical Company’s monascus raw materials. Some consumers said that this raw material was also used in many foods, even in miso sauce. According to Japanese media reports, relevant Japanese departments will conduct emergency inspections on the safety of more than 6,000 functional foods on the market.

What is the monascus ingredient in the above health care products that may harm health?

According to an article published on February 29th, 2024 by WeChat WeChat official account "Guangdong Traditional Chinese Medicine" sponsored by Guangdong Provincial Bureau of Traditional Chinese Medicine, the traditional Chinese medicine monascus is a kind of rice koji fermented by monascus, which can be used as medicine and food. It was called Danqu in ancient times, originated in China, and has been used for more than two thousand years, and has been popularized among the people as early as the Han Dynasty. Monascus, as a microbial fermented product, can not only be used as a natural non-toxic food pigment, but also be used for antibacterial and antiseptic of meat, fish, beans and other foods. Monascus is also rich in wine fragrance, which is a good raw material for brewing vinegar.

As for the medicinal value of monascus, the above article mentioned that in the late 1970s, Japanese scientists discovered and isolated a chemical component named K(Monacolin K from monascus fermentation broth, and found that it could significantly inhibit cholesterol synthesis in the body. Monascus contains not only monacolin compounds, but also ergosterol, bioflavonoids, saponins, dietary fiber, aminoglycans and other rich physiologically active substances, which have a wide range of pharmacological effects such as lowering blood fat, lowering blood sugar, lowering blood pressure, inhibiting bacteria, resisting tumors and enhancing immunity. Flavonoids, a natural antioxidant in monascus, can protect the liver.

It should be noted that Kobayashi Pharmaceutical once said that after analyzing the components of monascus health products, it was found that some monascus raw materials may contain unknown components beyond the company’s grasp. According to this statement, it is not the monascus itself that causes patients to be admitted to hospital or die, but other unknown ingredients in the raw materials of monascus. Luye Pharmaceutical also mentioned in its response that ordinary monascus is a traditional fermented product, and the differences in strain quality, production technology and quality control management lead to different product quality and safety results.

Gu Zhongyi, director of Beijing Dietitians Association and master of public health in Tsinghua University, said that there is an active ingredient lovastatin in monascus, which can reduce the level of cholesterol in blood, but the specific dosage and effect need to be said separately. Controversially, there will be a secondary metabolite citrinin in the late fermentation of monascus, which has kidney and liver toxicity. Therefore, China has specific requirements for monascus-related products.

Gu Zhongyi stressed that if you buy health food to reduce blood fat, consult a professional or do enough homework according to your own needs, you’d better consult your doctor Yamatonokusushi first. Be sure to read the label information on the product package carefully, especially if it is not clearly marked in Chinese, be sure to consult it before eating. After using any new health food, it is best to record your feelings and symptoms, and stop consulting a doctor immediately if you feel unwell.

Kobayashi Pharmaceutical China recalled a health product containing monascus, and the company said that it could reimburse the inspection fee.

Are health products that may cause kidney disease and even death sold in China?

On March 24th, Kobayashi Pharmaceutical China issued the Notice on Stopping the Use of Red Stork Cholesterol Granules and Self-recall, saying that the company had received some reports that red Stork Cholesterol Granules, a health food manufactured and sold in Japan, might cause kidney diseases after eating it. In view of this situation, we analyzed the composition of this product and its raw materials (manufactured by Zishe), and found that some raw materials may contain unexpected ingredients. Some of the affected products are sold to Chinese mainland through cross-border channels.

Product source mentioned in Kobayashi Pharmaceutical’s China recall notice: Kobayashi Pharmaceutical China official WeChat official account.

"If you have eaten the above products and feel unwell, please consult the customer service center. At the same time, if you hold this product, please contact the customer service center, and we will explain the return and refund methods to you. " China, Kobayashi Pharmaceutical, said that if you have red herring cholesterol granules (60 capsules, barcode 4987072059708), please stop eating.

The above recall notice is for consumers of Tmall Kobayashi’s overseas flagship store, Pinduoduo’s official overseas flagship store and Kobayashi’s overseas direct sales store in JD.COM. On March 27th, a reporter from The Paper searched on the e-commerce platform. Only Tmall could find "Kobayashi’s overseas flagship store", and no health products related to monascus were on sale. However, "Pinduoduo’s official overseas flagship store" and "Kobayashi’s overseas JD.COM direct store" could not be found in Pinduoduo and JD.COM.

China of Kobayashi Pharmaceutical said, "We recognize that this is a serious problem and will continue to investigate.". However, the specific properties of this component and its correlation with kidney diseases have not yet been determined. For the purpose of protecting consumers’ health, we decided to recall the related products of red carp raw materials independently.

On March 27th, the reporter contacted the customer service center of Kobayashi Pharmaceutical in China as a consumer. The customer service staff first asked whether the user had drowsiness, turbid urine and difficulty in urination after purchasing and using this drug. After receiving the reply of "not at present", the customer service staff stressed that "the reply given by our agency is that we have not confirmed whether it is directly related to kidney disease at present". If the consumer is worried about health risks, it is suggested to have a kidney examination on blood, and the company will be responsible for reimbursement of the examination fees.

If there is a kidney problem, can it be judged that the kidney problem is related to the product? The above-mentioned customer service staff said that it depends on the doctor’s judgment. "There must be a problem if it has not been confirmed yet, so the company can’t give a reply for the time being saying that there must be a problem, or there must be no problem."

Kobayashi pharmaceutical products have been "snapped up" by consumers in China.

Kobayashi Pharmaceutical was established in Japan in 1998. Although the company name contains the word "pharmaceutical", it is not a pharmaceutical enterprise in the usual sense. According to official data, Kobayashi Pharmaceutical provides a variety of products in the fields of pharmaceuticals, fragrances, health care products and daily necessities.

Around 2015, Kobayashi’s products in Japan became the target of Japanese tourists’ "buying" in Japan, and the post "You must buy 12 kinds of magic drugs when you go to China" circulated on social networking sites included many products owned by Kobayashi. According to The Paper’s previous report, Kobayashi Pharmaceutical gave people the impression that it was developing the daily necessities production of unique commodities in a Niche Market. Kobayashi Pharmaceutical was rated as an "inbound consumer brand" by the Japanese capital market, and the company’s share price also rose. In 2015, the annual growth rate of Kobayashi Pharmaceutical’s share price reached 40%.

Japanese media reported that the recalled red carp cholesterol granules are said to have the effect of reducing harmful cholesterol values, with annual sales of 600 million yen. The recalled products have been sold in pharmacies in Japan since 2021, with a cumulative sales volume of nearly 1.1 million copies.

Under the influence of the recent turmoil, Kobayashi Pharmaceutical’s share price plummeted, closing down 16.51% on 25th, slightly rising on 26th and closing down 3.83% on 27th.

Part of the products sold by Kobayashi Pharmaceutical in China Source: official website screenshot

In China, Kobayashi’s activities can also be traced back to 1998: Kobayashi Pharmaceutical Co., Ltd., Shanghai Friendship Group and Benfeng Development Co., Ltd. of Hong Kong Special Administrative Region established Shanghai Kobayashi in Minhang, Shanghai. Official website data show that in 1999, the company began to produce and sell domestic colloidal aromatic products. In 2002, Kobayashi Pharmaceutical Co., Ltd. of Japan acquired the shares of Shanghai Friendship Group and Benfeng Development Co., Ltd. of Hong Kong Special Administrative Region, established a wholly-owned company, and changed its name to "Shanghai Kobayashi Daily Chemical Co., Ltd.". In 2023, Kobayashi Pharmaceutical China absorbed and merged with Shanghai Kobayashi Daily Chemical.

According to Tianyancha App, Kobayashi Pharmaceutical Co., Ltd. has invested in three companies in Chinese mainland, including Kobayashi Pharmaceutical (China) Co., Ltd., Hefei Kobayashi Pharmaceutical Co., Ltd. and Shanghai Kobayashi Pharmaceutical Trading Co., Ltd., among which the first two companies are still in existence. Kobayashi Pharmaceutical (China) Co., Ltd. invested in Hefei Kobayashi Commodity Co., Ltd. and Jiangsu Kobayashi Pharmaceutical Co., Ltd., and set up branches in Beijing, Shanghai and Guangzhou.

By category, the products currently sold by Kobayashi Pharmaceutical in China include warm stickers, antipyretic stickers, deodorant, personal care, cleaning products, oral care, disinfectants and so on.

Clarification of domestic drugs and health products: the use of red yeast in products has nothing to do with Kobayashi Pharmaceutical.

It is not a company of Kobayashi Pharmaceutical to use monascus for health care products. The reporter found through wind search that many health care products or pharmaceutical companies such as Tomson Bianjian, Qidi Pharmaceutical, Shouxian Valley and Luye Pharmaceutical have "monascus" related products.

Qidi Pharmaceutical (000590) mentioned in the reply in January 2024 that the registered health food of the company for delaying aging includes red koji soybean isoflavone tablets; At the end of 2023, Shouxiangu (603896) announced that its wholly-owned subsidiary Jinhua Shouxiangu Pharmaceutical Co., Ltd. had completed the registration of domestic health food. Chenguang Bio (300138) mentioned in the semi-annual report of 2023 that the company has the health food registration approval certificate of Caizhiyuan Ginkgo biloba red yeast capsule.

In addition to health care products, there are also pharmaceutical companies involved in monascus-related business. Qianyuan Pharmaceutical has the patent of "a red yeast fermentation device", the application date is April 22, 2022, and the validity period is 10 years.

Xuezhikang of Lvye Pharmaceutical Co., Ltd. is made from red yeast rice and used for the treatment of hyperlipidemia. Regarding the safety of the monascus ingredients in Xuezhikang, Luye Pharmaceutical emphasized that compared with ordinary monascus, Xuezhikang’s raw materials are strictly screened monascus strains, and the production process is strictly controlled. The company conducts regular monitoring according to the requirements of regulatory laws and regulations, and all testing indicators meet the relevant national drug safety management standards, and no unqualified conditions are found. Xuezhikang capsule has been approved for marketing since 1995. A large number of safety research evidences and clinical application data in the past 30 years have fully proved its effectiveness and safety, and the company will continue to carry out safety research, monitoring and analysis of Xuezhikang products. Patients can safely use this product under the guidance of a doctor.

Cctv news(Reporter wanglili) According to the latest data released by the Ministry of Public Security, from January to September 2021, 262,000 cases of telecommunication network fraud were cracked and 373,000 suspects were arrested, up by 41.1% and 116.4% respectively. In 2020, 927,000 cases of telecommunication network fraud were filed nationwide, which caused losses of 35.37 billion yuan to the masses.

In response to the telecommunication network fraud crime that the public hates, the state has "released a big move". Recently, the draft anti-telecommunication network fraud law was published and publicly solicited opinions from the public. This is the first time that China has made special legislation to combat and control telecommunication network fraud, marking the official entry of anti-telecommunication network fraud crime into the national legislative process. During the interview, it is obvious that with the joint efforts of public security organs, financial institutions, technology companies and other industries in the whole society, a war of "attack" and "prevention" against telecom fraud is about to start.

Public security organs: cases continue to be high, and the network black and gray industry continues to expand.

In daily life, netizens who are short of funds are defrauded by loans; Frequent online shopping is impersonated as customer service and false shopping fraud; Those who can’t find a job are defrauded by part-time brushing … … During the interview, the police officer of Taiyuan Anti-fraud Center said that taking the case data of Taiyuan City as an example, telecommunication network fraud cases continued to be high, accounting for more than 40% of criminal cases. Among them, loans, brushing bills, killing pig plates and impersonating customer service are high-incidence cases.

It is understood that the total number of such cases is rising, criminal gangs are becoming more specialized and collectivized, the division of labor is gradually refined, and the activity area is cross-border, gradually forming a complete chain of upstream and downstream links. The most serious thing is that the black and gray industries such as providing citizens’ personal information, building network platforms and transferring funds channels for fraud gangs are expanding.

In Shanxi, Taiyuan Public Security Bureau continued to carry out the "card-breaking" operation, and successively destroyed a large number of domestic fraud dens and black ash gangs, and arrested a large number of cross-border fraud suspects who returned to China from abroad; We rolled out early warning and prevention work in an all-round way, continued to strengthen accurate early warning and dissuasion work, and successfully prevented a large number of people from being deceived.

Financial institutions: Opening accounts in different places, tightening innovation and launching "account security lock"

In the bank, the staff are promoting how to prevent fraud to the elderly.

Previously, news such as "bank staff at the counter urged the old lady not to transfer money" frequently appeared in hot searches. According to the Report on Mobile Phone Security in China in 2020 released by China Information and Communication Research Institute, although there were more people cheated after 1990s, the per capita loss was low. Once the post-60 s fall into the online scam, the per capita loss exceeds 20,000 yuan.

Among many leaked information, bank cards and mobile phone cards are the two core "realized" hardware. According to the relevant work requirements of the state on strengthening the crackdown on cross-border gambling and power grid fraud, the central bank clearly stipulates the main responsibility of "whoever opens an account is responsible". Therefore, many individual users and small and micro business owners find it difficult to open an account in a bank recently.

When visiting major banks in Shanxi, the reporter found that in order to prevent and control risks, many banks are more strict with card opening users. When establishing diplomatic relations with five major banks in Taiyuan, reporters were asked to open accounts as individual customers, and they were all asked "whether they are local accounts" at the first time. When they were sure, the staff of the outlets said that they could open accounts directly with their ID cards; If not, many bank staff will further ask about the specific purpose of card opening.

Among them, for individuals to open accounts in different places, the staff of Industrial Bank and Jinshang Bank not only repeatedly asked about the purpose of opening the card, but also requested to submit the red book containing their names or the supporting documents such as unit certificates or lease contracts.

In response to this phenomenon, the central bank recently issued "Guiding Opinions on Doing a Good Job in Personal Bank Account Services for Floating Employment Groups" and "Guiding Opinions on Doing a Good Job in Bank Account Optimization Services and Risk Prevention and Control for Small and Micro Enterprises", clearly stating that it is necessary to strengthen the optimization of account services and account management while not reducing the convenience of account opening and risk prevention and control.

During the interview, many professionals said that financial institutions need to constantly optimize and refine account opening control measures and constantly innovate their working methods in preventing and controlling network telecom fraud. Wang Fei, the retail finance department of Minsheng Bank Taiyuan Branch, said that taking their bank as an example, a sound financial business due diligence system has been established for the number of financial accounts and abnormal cards; Innovatively launch a full "account security lock" on the client; Open up a green channel for customers who actively cancel redundant bank cards, give various forms of encouragement, and fulfill the social responsibility of banks.

Technology company: the anti-fraud strategy needs to be improved urgently for fingerprint authentication.

Since 2021, there have been 2,700 cases of telecommunication network fraud in China, with an average daily loss of 140 million yuan. Although financial institutions are "strictly guarding against death", under the temptation of huge interests, criminal organizations still hold many black technologies, which bring many risks to all industries.

Nowadays, online fraud methods emerge in an endless stream. Many "black" technologies use the loopholes in the mobile phone system to crack fingerprint authentication, wear special glasses or make up to break through face recognition and live verification.

During the interview, Fu Liting, Marketing Director of Public Security Business Group of Iflytek Smart City Business Group, said that relying on core technologies such as voice recognition and intention recognition, they can quickly, accurately and comprehensively discover sensitive and harmful information spread in the telecommunication network, and timely push warning clues to the public security anti-fraud center for landing interception. In addition, instead of traditional manual lines, anti-fraud dissuasion robots are used to timely, automatically and accurately complete anti-fraud dissuasion work such as outgoing calls, publicity and intervention, accurately screen potential victims, and assist police officers in handling massive police situations.

In addition, many people in the industry believe that the current financial system urgently needs to improve the anti-fraud strategy. By collecting, cleaning and processing user behavior data, accurate portraits can be realized, user behavior scoring models can be established, and real-time and quasi-real-time monitoring and prevention of transactions can be realized through machine learning.

Legal expert: the anti-fraud atmosphere of the whole society is gradually taking shape

Telecom fraud has become a prominent crime with the highest incidence, the greatest loss and the strongest response from the masses. For the first time, China has made special legislation on telecom fraud. Wang Jijun, a professor at Shanxi University Law School, said that the anti-fraud atmosphere of the whole society is gradually taking shape. According to the requirements of improving the preventive legal system, the draft will strengthen the construction of preventive system measures for all aspects of telecom network fraud, such as information chain, capital chain, technology chain and personnel chain, so as to provide legal support for the actual needs of overall development and security, maintaining social management order and ensuring people’s property safety.

In his view, the draft is a preventive legislation. After the anti-telecommunication network fraud law enters the law, the definition, law enforcement, confirmation and sentencing of such fraud will be clearly based on the law, and the powers and responsibilities of public security organs and judicial departments to crack down on telecommunication network fraud crimes will be clearer, which is of great significance to maintaining social stability and economic and social development.

　　Too rustic, too superficial and too vulgar are the main reasons why short videos are frequently criticized. When short videos become the mainstream mode of information dissemination, users don’t want to be surrounded by invalid information or abandoned by the times. It is necessary to choose the one with attitude and not kitsch among hundreds of short video apps.

　　

　　The most popular short video apps can be divided into tool-based and social-based apps. Tool-based short video apps have tall shooting and editing tools, including various filters, multi-lens editing, sticker animation, background music and other functions, allowing users to shoot movie-like videos on their mobile phones through simple operations. For example, to draw videos, interesting tweets, etc., these apps meet the shooting needs of non-professionals in different scenes through the video editing tools on the tall. Of course, they also have social functions such as "work sharing", but they pay more attention to "tools" than "socialization" compared with their users. Social short video apps pay more attention to video viewing and sharing. The main types are PGC (professional production content), UGC (user-generated content) and PUGC (professional user-generated content or expert-produced content), which record and share the wonderful moments in life through simple shooting and editing. Tik Tok, Aauto Quicker and Watermelon are this type of apps, and their contents can be basically divided into five sections: street visiting passers-by, funny spitting, life, film and television, and personal talent.

　　The differentiation of product styles of short video apps leads to a dilemma in the market structure. Short video apps with powerful video production functions lack a platform that can spread in a large area, while social short video apps with a huge user base have the problems of high cost and difficulty in making excellent videos. So is there a short video App on the market that can integrate perfect functions and powerful influence?

　　Hip-hop video, an App—— that upholds the concept of "the more you share, the happier you are", has entered the market strongly under such urgent demand, making the technical hard power and the influence of fans perfectly unified, and with its unique gameplay mechanism, it is about to subvert market cognition.

　　

　　As the main position of hip-hop video, the short video section not only has the effect of not losing to the professional shooting and editing App, but also is simpler and easier to understand. It can be done as soon as you think about it, and the one-button setting perfectly presents the video color enhancement effect. What’s more worth mentioning is that the short video section has the function of recording MV for a long time. Every lyric and every picture can be expressed at will, interpreted as much as possible, and made into a complete memory without restriction. And while sharing the happy time, you will also get the attention, praise and even reward from friends or strangers.

　　Hip-hop videos can show their own platforms, not only for recording and sharing, but also for playing hip-hop live broadcast, so that every ordinary person with a hot heart and dreams can get a customized stage. In addition to all the functions of other similar live broadcast platforms, the anchor can also convene a fan group for large-scale interaction. And VR technology will be applied to live broadcast in the later stage. No matter whether the live broadcast content is life entertainment or commercial promotion, it can make the live broadcast get rid of the constraints of space and create a real and strong sense of live interaction among fans.

　　Originally, I could rely on face value, but I like to rely on talent. The hip-hop song room section in the hip-hop video App makes your musical talent targeted. Your singing or Rouman’s euphemistic applause, or deep and restrained memories, can not only make the audience focus on you, but also perform with friends, and also have the function of real-time recording of singing. Let your musical talent not be buried in the hip-hop studio.

　　The 5G era is coming, are you still chatting with others with expression packs? Wake up! Coming to hip-hop chat rooms, real-time voice conversations, and telling jokes in person are far more attractive than pasting them in the dialog box. You can meet interesting souls and meet like-minded friends here. It is not only a place for people with the same interests to chat, but also a private place for business negotiations.

　　

　　Where there are people, there are rivers and lakes, and this sentence is also applicable in the virtual world. It is not necessarily a long-term solution to wander alone in the rivers and lakes. Hip-hop family plate, so that you can find a home alone. A group of young people with the same preferences, values and mutual appreciation create a big family of their own. Gathering popularity, sharing works, helping each other to improve income, like-minded will be more valuable!

　　Although having money can’t buy time, it’s always irresistible to use happy time to get benefits. Hip-hop video adopts the profit sharing model of members, and the relationship between members will become closer. Members adopt sharing links, invite their friends to become members through unique invitation codes, and bind themselves. When binding members pay fees, members who send invitations will enjoy the platform reward policy, which will make members more willing to share, and the more they share, the happier they will be.

　　

　　Rejecting vulgarity, hip-hop video will bring users a refreshing and ultimate experience with full positive energy! Short video, live broadcast, karaoke room, multi-player voice chat room and hip-hop family meet the needs of all kinds of people. At the same time, we should dig deep into industry resources, accurately find the pain points of senior players, and gather short video, live broadcast, social interaction, e-commerce and other functions ready to go! Hip-hop video, subvert your perception of traditional short video App, and get ready for a heat wave in the short video industry!

　　Hip-hop video, the more you share, the happier you are.

　　Disclaimer: The purpose of reprinting this article by China Youth Network is to convey more information, and it does not represent the views and positions of this website. The content of the article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk. )

　　At present, the changes in the past century have accelerated the evolution, and the recovery of the world economy has been hindered and long. What is the development prospect of the global industrial chain supply chain? How can countries strengthen cooperation and jointly safeguard the security and stability of the global industrial chain supply chain? On March 28th, at the sub-forum of "New Pattern of Industrial Chain and Supply Chain" held during the 2023 annual meeting of Boao Forum for Asia, experts, scholars and business leaders from home and abroad got together to talk about development, and "unity and cooperation" and "openness and tolerance" became high-frequency words.

　　"No matter the COVID-19 epidemic, geopolitical conflicts, the downturn of the world economy and global warming, any challenge is related to the present and the future. Faced with these challenges, the voice of the international community for strengthening cooperation and promoting development is even louder and the desire is even stronger. " Li Baodong, Secretary General of Boao Forum for Asia, said at the press conference of the annual meeting.

　　"As far as we are concerned, whether it is resource investment or profit income, there is a considerable proportion and co-construction ‘ Belt and Road ’ Closely related. " Feng Bo, deputy general manager of China Ocean Shipping Group, said, "Thanks to open cooperation, we have made great progress in the process of international development."

　　In Feng Bo’s view, globalization is characterized by mutual integration and common destiny. In addition to sharing achievements, it is also necessary to share responsibilities. "In response to climate change, all countries and enterprises have the responsibility to meet the requirements of carbon reduction, environmental protection and green. Green and low-carbon transformation will breed new markets such as clean energy and promote the iterative upgrading of the industrial chain supply chain. "

　　Liang Weite, Chairman of the Guangdong-Hong Kong-Macao Greater Bay Area Construction Macau Committee of Boao Forum for Asia, said: "Building together ‘ Belt and Road ’ Driven by this, we have built a lot of infrastructure, and we also pay attention to making friends and sharing development achievements. "

　　The 2023 Annual Report on Asian Economic Prospects and Integration Process released during the 2023 annual meeting of Boao Forum for Asia pointed out that China maintains a dominant position in the trade of intermediate products in Asia. Among the 22 kinds of intermediate products with the largest transaction volume, China has 20 kinds in the leading position. Asian economies are playing an irreplaceable role in the global value chain, and the process of regional production, trade, investment integration and financial integration will be accelerated.

　　Bei Zhemin, managing partner of Oliver Wyman Consulting, said that China plays an important role in maintaining the stability of the global industrial chain supply chain. In recent years, China’s industrial structure has been accelerated, and China’s manufacturing has strong competitiveness, and it is shifting to the middle and high end of the industrial chain.

　　Yao Yang, president of the National Development Research Institute of Peking University, believes that China has huge market scale and complete industrial chain advantages, and will continue to become the manufacturing center of the world.

　　China’s super-large-scale market has released a strong "magnet effect", which continues to attract foreign investors to increase their investment in China market. Ferry, head of Asia-Pacific region of Fen Cantieny Group, said: "The huge potential of China market is something we can’t ignore."

　　The stable operation of industrial chain supply chain is the key to smooth economic cycle. At present, the global industrial chain supply chain is being deeply reshaped, and transnational investment is becoming nearshore, localized and regionalized, which makes the industrial chain supply chain shorter and more flexible.

　　"In the global industrial chain supply chain, everyone is closely linked, and no one can be immune to it. All countries need to cooperate to solve the problems they face." Feng Bo believes that from the perspective of enterprises, it is necessary to adopt a development mode of integration and cooperation to make the supply chain more resilient and sustainable.

　　Practice the concept of mutual respect, win-win cooperation, and take practical actions to make development achievements better benefit people of all countries, which has become the common aspiration of experts, scholars and business leaders attending the meeting.

　　Li Baodong expressed the hope that through the discussion at the annual meeting, we can explore certainty in an uncertain world, promote solidarity and cooperation among all countries in the world, adhere to openness and tolerance, and better promote development.

Original HGFI Hainan Green Finance Research Institute included in the collection #ESG data 1 #ESG indicator 1 #ESG disclosure 1 # rating company 1 # investment decision 1.

Wen | Ji Yufei

Words in this article: 7222 words

Reading time: 15 minutes

catalogue

First, there is a huge difference in ESG rating between domestic and foreign rating companies.

(1) ESG ratings of international rating companies vary greatly.

(2) ESG ratings of domestic rating companies are equally different.

Second, the current data problems in ESG evaluation

(1) The original data is inconsistent.

(2) reference datum selection is arbitrary.

(3) The estimation of replacement value is uncertain.

Iii. suggestions

(1) Enterprises should continuously report comparable ESG data.

(2) Investors should promote enterprises to disclose relevant ESG indicators.

(3) The Exchange shall formulate mandatory requirements or guidelines for ESG disclosure.

(4) Data suppliers should disclose their data processing methods as much as possible.

And reach an industry consensus

In recent years, ESG rating, as the basis of value judgment to guide investors’ investment decisions, has been paid more and more attention by international investors, and domestic investors have also begun to pay attention to ESG information disclosure and rating. However, the ESG data collected by rating companies, especially the methods of data processing, are quite different, and the ESG rating results of different rating companies are also very different, which seriously affects the use of ESG rating by investors. As the most important input to support the function of ESG indicator system, the way of processing data will directly affect the scoring results of related indicators. This paper intends to do some exploration and research on the data processing in ESG evaluation.

1. There is a huge difference in ESG rating between domestic and foreign rating companies.

The rating results of ESG by different rating companies are very different at home and abroad.

(A) ESG ratings of international rating companies vary greatly.

Billio et al.(2021) studied and compared the ESG rating results of MSCI (morgan stanley capital international), Refinitiv (Luft), Sustainability Analytics (a product of Morningstar) and RobecoSAM (the data source of Dow Jones Sustainability Index [1]), and found that the average correlation between these rating results was only 0.58 (lowest 0.43, highest 0.69). The average probability of coincidence between these rating results is only 24% (minimum 19%, maximum 28%) [2], and the low correlation and low coincidence probability of rating results [3] mean that the rating results of different rating companies are very different.

The following table shows the ESG rating results of Nissan Motor Co., Ltd, Verizon Communications Inc, Oracle Bone Inscriptions Corp. and Goodman Group by four rating companies, and the differences are obvious. Among them, the rating range of Refinitiv, Sustainalytics and RobecoSAM is 0 to 100, while the rating range of MSCI is from CCC to AAA.

Scoring results of different international ESG rating companies (2021)

Source: Billio et al.(2021)

This huge rating difference will make market investors feel at a loss, and it is difficult to make investment value judgments and investment decisions.

(B) ESG ratings of domestic rating companies are equally different.

There are many domestic ESG rating companies, including Wonder, Weizhong Lanyue, Jiashi, China Securities Index, Dingli Corporate Governance, Green Business, China Securities Carbon Neutralization, Social Value Investment Alliance and so on. According to Wonder’s data, four domestic listed companies, China Resources Micro, China Petroleum, Shengli Precision and China Pharmaceutical, are randomly selected. Through comparison, we can find the differences between the ratings: Wonder gives China Resources Micro AA rating, while Weizhong only gives B rating; Social Value Investment Alliance gives China Petroleum AA- rating, while Shangdao Ronglv only gives B+ rating; Huazheng Carbon Neutralization gives Shengli Precision a ranking of 65/4040, while Harvest only gives a ranking of 3478/4569. FTSE Russell gave China Pharmaceutical a 33/76 industry ranking, while Dingli Corporate Governance only gave a 59/79 industry ranking.

Scoring results of different domestic ESG rating companies on China Resources Micro.

Source: Wonder

Scoring results of China Petroleum by different domestic ESG rating companies.

Source: Wonder

Second, the current data problems in ESG evaluation

The ESG ratings of rating companies to enterprises are very different. On the one hand, the goals and values, design principles of rating system and selection rules of indicators of rating companies are different, which leads to different rating results. On the other hand, the data problem is also an important reason for the huge difference in the results of different rating companies. Different rating companies have different channels and quality of obtaining data and different methods of processing data, which will also bring great differences in rating results.

In the current ESG rating, in terms of data acquisition and processing, there are some problems to be solved, such as poor consistency of original data, arbitrary selection of reference standards, and uncertain replacement process of lost values.

(A) the original data is highly inconsistent

The "inconsistency" here does not emphasize the difference of information sources, but emphasizes that the multi-dimensional attributes of the original data samples (such as specific wording, measurement angle, data unit and other formal attributes, as well as statistical attributes such as average, standard deviation and extreme value) are very different.

Rating companies generally collect the original ESG data from the annual sustainable development report or ESG report disclosed by enterprises every year. However, the consistency of relevant data in the annual sustainable development reports or ESG reports of different enterprises is very low. Taking the topic of "labor health and safety" as an example, Kotsantonis and Serafeim(2019) randomly selected the sustainable development reports of 50 large listed companies in Fortune 500 (Fortune 500), and collected the information manually by the author. The indicators used to describe the topic of "labor health and safety" are as follows: lost time (frequency), lost time (accident rate per 100 people, 5,000 people, and 200,000 people), injuries that lead to lost time, accident rate, accidents that require vacations, days lost due to injuries, financial losses due to accidents, injuries that lead to more than one day lost, injury rate, and days lost rate. Time loss of less than 61 days caused by occupational illness or injury, time lost (serious accident rate), number of accidents, number of accidents without time loss, number of lost working days, number of serious accidents, injury rate per 200,000 hours of work, reduction of working days caused by work-related injuries, claimed time lost, time lost, number of accidents of occupational diseases, occupational illness rate, occupational illness rate and occupational disease rate.

Faced with such diverse data forms, it is difficult to determine which indicator is the best indicator to measure the performance of enterprises on the topic of "labor health and safety". Moreover, the units of these indicators are not the same, including no units, ratios, percentages and other different units. Most importantly, the statistical distribution characteristics (mean, standard deviation, extreme value, etc.) of different indicators are obviously different, which makes it very difficult to compare and integrate data across indicators [4].

The real problem is that when enterprises disclose the performance of a certain topic, they often only choose the most favorable indicators for their own enterprises to disclose. Rating companies (data providers) can’t obtain multiple indicators for the same enterprise, but in the face of various indicators provided by many enterprises, each rating company (data provider) has its own processing methods, and the inconsistency of the original data disclosed by each enterprise ultimately lies in the differences in the integration process of the original data of each rating company. The core problem here is that there is the data of the enterprise before the rating standard, and the defects of the data itself will naturally be left in the rating results [5].

(B) reference benchmark selection is arbitrary.

Even if there is no difference in the original data, different ESG rating companies have different scores on the same performance of the same enterprise. One of the important reasons is that the selection of scoring reference benchmarks is very arbitrary. Setting up different "reference benchmarks", that is, double standards or flexible standards, is an effective means to systematically change the scoring results for the same (same type) enterprise.

Rating companies can choose to evaluate all enterprises under a unified reference standard; Enterprises can also be classified according to the characteristics of industry and country, and multiple parallel reference benchmarks can be set up, and only enterprises belonging to the same subclass can be evaluated under their corresponding reference benchmarks.

Using a unified reference frame, the scoring results are comparable across industries, but the scoring results inevitably produce industry bias. Taking environmental issues as an example, the performance of the oil and gas industry will naturally be lower than that of commercial banks. If only some enterprises are evaluated under the same reference standard, the industry deviation of the scoring results is small, but the cross-industry comparability of the scoring results is correspondingly weakened. Worse than reducing cross-category comparability, the process of classifying different enterprises and selecting reference benchmarks is not transparent. Rating companies can move the relative position of the same enterprise in the distribution corresponding to different reference benchmarks by freely selecting reference benchmarks [6], thus indirectly affecting the scoring results.

In addition, how to deal with diversified enterprises will also be a problem to be solved.

(C) The estimation of replacement value is uncertain.

The range of data required for ESG evaluation is very wide. For a specific enterprise, all the original data required for rating are often not disclosed (or cannot be provided), and missing values often appear in samples. The missing value needs to be estimated and replaced by the estimated result (replacement value), and then the evaluation process continues. At present, rating companies and data providers do not have a transparent, unified and reliable methodology to estimate the replacement value of the unavailable ESG data (that is, the lost value).

The uncertainty of the estimation process of replacement value is divided into two levels: first, there are many alternative estimation methods, and the replacement values (estimation results) given by different methods are not consistent, and each company has not fully disclosed the selection of estimation methods, accordingly, investors have no way to evaluate and interpret the estimation process and rating results of each company; Second, even if each company chooses the "optimal" estimation method, the accuracy of the estimation itself is limited by the model characteristics and statistical laws. Under the circumstances that the correlation process is difficult to model, the correlation between variables is poor, the sample size is limited, and the continuity of the estimated value is low, the estimation process cannot be guaranteed to be accurate, and the rating result using the replacement value (estimation result) cannot be guaranteed to be accurate. The first level of uncertainty comes from the disclosure choices of rating companies and data providers (that is, the estimation process is not transparent and unified), and the second level of uncertainty comes from the estimation method itself (that is, the estimation process is not reliable enough). At present, the estimation methods of replacement value (replacement method) include rule-based replacement method, input-output model replacement method, statistical replacement method and so on, and the scenarios in which these estimation methods can operate reliably and effectively are very limited.

The uncertainty of rule-based substitution method comes from the process of setting rules. The accuracy of scoring results of this substitution method depends on the precise setting of rules, and the rule-makers need a lot of industry knowledge as support. Some rules will even affect the disclosure of relevant data by enterprises, further increasing the uncertainty of data acquisition. Taking the indicator of "the number of deaths in the workplace" as an example, the rating company can set a rule that "if there is no data source, the number of deaths in the workplace is assumed to be zero". According to this rule, the scoring results will be systematically superior to the actual performance of enterprises, which also encourages enterprises to refuse to disclose relevant data in disguise (especially for those small and medium-sized enterprises with high information disclosure costs).

The replacement method of input-output model is difficult to estimate the data related to social responsibility, because compared with the laws of natural science, the laws of interaction between people are more complicated and uncertain. Therefore, the input-output model is generally used to estimate the environment-related indicators of some industries, such as estimating the output variables such as carbon dioxide emissions with input variables such as coal consumption and electricity consumption. The accuracy of the input-output model replacement method depends on the extent to which the model system can reproduce the actual behavior process of the enterprise. In the estimation of environment-related indicators in some specific industries, the consumption of raw materials and related macroeconomic variables of enterprises are easy to obtain, and the use mode and output results of raw materials are also highly deterministic in objective scientific laws. When the above conditions are met, the replacement method of input-output model can give a highly accurate estimation.

Statistical replacement method generally needs regression analysis [7], and its accuracy is limited by the availability of regression prediction input variables, the correlation between regression prediction input variables and predicted values and the continuity of predicted values. The transparency of correlation prediction (regression) process is very low, and the public can’t determine to what extent the prediction methods used by rating companies and data providers meet the requirements of statistical laws.

III. Recommendations

To solve the problems of low disclosure degree and consistency of ESG data, high arbitrariness in the selection of scoring criteria and replacement value estimation methods, it needs the joint efforts of many market participants. Here are some suggestions from the perspective of enterprises, investors, exchanges and data providers, so as to better achieve the sustainable development goals through ESG rating.

(A) enterprises should continue to report comparable ESG data.

The ESG data provided by different enterprises are very different, which involves the influence and restriction of many factors such as the market, industry, management and risks faced by enterprises. Therefore, it is particularly important for individual enterprises to choose a suitable ESG disclosure standard, and continue to disclose ESG data according to this standard, so as to maximize the comparability (or consistency, that is, the unification of data forms in the time dimension) of the data. Enterprises should be strictly self-disciplined and regularly disclose ESG data and information in a fixed format (such as tabular form similar to financial statements) in accordance with relevant regulatory requirements. Enterprises need to adjust the corporate governance structure and set up a special department to manage ESG-related risks and related data disclosure.

Global Reporting Initiative (GRI) and International Financial Reporting Standards Foundation (IFRS Foundation) have provided their own sustainable disclosure standards. The latter emphasizes the concerns of investors as stakeholders and uses money as a unified measure to maintain the consistency of financial statements, while the former tries to balance the concerns of wider stakeholders and give more independent recognition to the importance of different indicators. Enterprises should choose their own sustainable disclosure standards according to their own development, and qualified enterprises can also take the initiative to join higher standards of international standards to obtain international comparability.

Although the disclosure of ESG data will bring additional costs, enterprises should see that actively disclosing high-quality ESG data is an important means to attract investors and maintain their own good social image, which is beneficial to the long-term development of enterprises.

(B) Investors should promote enterprises to disclose relevant ESG indicators.

At present, although enterprises provide a large amount of ESG data and information, it is difficult for investors to make investment decisions, risk judgments or early warnings by using these incomparable data. Therefore, when investors push enterprises to disclose relevant ESG information, they should put forward clear and comparable data requirements for enterprises. For example, when an investor invests and finances an enterprise, it should be clearly stated that ESG information is also information that has a significant impact on the value of the enterprise’s securities and needs to be disclosed immediately. The enterprise should disclose ESG information together with financial information in the offer and invitation to offer and other documents (such as debt prospectus and prospectus). For enterprises that fail to fulfill their obligation to disclose ESG information, investors can also try to safeguard their own interests by legal means and promote the improvement of relevant legislation.

(3) The Exchange shall formulate mandatory requirements or guidelines for ESG disclosure.

The establishment of ESG disclosure guidelines or even mandatory requirements by the exchange can enhance the transparency of related behaviors of enterprises and help enterprises maintain good investor relations. From the practice of various exchanges, the requirements for ESG information disclosure of listed companies have become higher and higher.

In 2012, HKEx issued the ESG Report Guidelines as a voluntary disclosure proposal for listed companies. From 2016, some suggestions will be raised to the level of semi-mandatory disclosure, and the "explain without disclosure" rule will be implemented. In May 2019, HKEx issued a consultation document on the revised ESG Reporting Guidelines, and in December of the same year, the contents of the new ESG Reporting Guidelines were determined, further expanding the scope of mandatory disclosure, comprehensively adjusting the disclosure proposal to "explain without disclosure" and continuously improving the requirements for ESG information disclosure of listed companies.

China Securities Regulatory Commission has also begun to require listed companies to disclose ESG information, but it is still in its infancy. In February, 2021, CSRC issued the Guidelines on Investor Relations Management of Listed Companies (Draft for Comment), requiring the inclusion of environmental protection, social responsibility and corporate governance (ESG) information. In June, 2021, CSRC issued Contents and Format of Annual Report and Contents and Format of Semi-annual Report, adding Section V Environmental and Social Responsibility. In April, 2022, China Securities Regulatory Commission issued "Guidelines for the Management of Investor Relations in Listed Companies", which took environmental, social and governance (ESG) information as one of the contents of communication between listed companies and investors. However, there is still a lack of normative and consistent guidance for specific operations. It is suggested to formulate specific rules in these aspects and put forward requirements for disclosing specific data. The disclosure requirements of ESG data by external constraints of companies such as exchanges and investors can fundamentally solve the problems of high inconsistency of original data and high probability of missing values, thus avoiding the problem of "data comes first, standards come first".

(4) Data suppliers should disclose their data processing methods as much as possible and reach an industry consensus.

At present, the scoring methodology of ESG data providers at home and abroad is very opaque, so it is not enough to provide a list of important topics. Data providers need to describe in more detail how they define the benchmark of statistical comparison and how to deal with the key process of building rating indicators such as real data and substitute data, otherwise, the credibility of relevant ratings will be impossible for all stakeholders. On this basis, data providers should fully communicate and reach as broad a methodological consensus as possible in practice (such as reaching a consensus on the selection of reference benchmarks and replacement value estimation methods), thus reducing the randomness of ESG rating results and enhancing the readability of rating results.

Although the disclosure of data processing methods is beneficial to all stakeholders, it is not in the self-interest of data providers, and data processing methods will not be disclosed voluntarily. Data processing method is the core knowledge of data suppliers. Once it is made public, competitors in the market can quickly master it, and the market value of its data will also decline rapidly. Therefore, in order to ensure full competition and information disclosure in the data supply market, all stakeholders should support the establishment of more data suppliers who are willing to disclose their data processing methods to join the market competition. The highly transparent data processing methods respond to the demands of all stakeholders, so they are also highly competitive in the data supply market. Finally, through the full competition in the data supply market, existing data suppliers are forced to disclose their data processing methods more.

Data providers usually collect ESG information required for rating periodically every year, and the specific methods include: company questionnaire; Analyze company documents (such as sustainable development report); Interview individuals, company employees and other stakeholders (such as trade unions, NGOs, etc.); Use Natural Language Processing (a branch of artificial intelligence and linguistics) and other artificial intelligence technologies to mine unstructured data (such as TruValue Labs). By 2018, more than 100 organizations are collecting and analyzing ESG data and providing ESG ratings [8].

Data providers use the collected data to construct various indicators and sell their indicator data, although their methodology of how to construct indicators using raw data is not transparent to the public. In addition, many organizations use the secondary data [9] provided by ESG data providers to build their own ratings and rankings, and provide comprehensive index [10] solutions. Bloomberg and Thomson Reuters (Thomson Reuters) are the mainstream ESG data platforms used by these organizations, which often include other broader financial information such as securities prices.

It can be seen that data suppliers should ensure the transparency and reliability of data collection and processing, which is also a key prerequisite for ESG rating companies to accurately evaluate the relevant performance of enterprises.

Quote footnote:

[1] Some organizations that use enterprise questionnaires to collect ESG data do not sell their own data. RobecoSAM is a sustainable investment asset management company, managing assets worth $120 billion (in 2018), and inviting more than 3,400 companies to fill out questionnaires every year. These ESG data are used as the basis for investment decisions within the company and used to construct the Dow Jones Sustainability Indices (DJSI). CDP (formerly known as Carbon Disclosure Project), a non-governmental organization, also collected data related to environmental risks of about 6,400 companies through questionnaires. The design of the questionnaires referred to the framework of the Task Force on Climate-related Financial Disclosures (TCFD).

[2] The data of the rating company comes from Refinitiv (Luft, one of the providers of financial market data and infrastructure, formerly known as the Finance and Risk Department of Thomson Reuters. After independence, Blackstone Group acquired 55% equity and Thomson Reuters acquired 45% equity. ) financial terminal Eikon/DataStream, Bloomberg financial terminal and MSCI (morgan stanley capital international) database.

[3] The correlation here can be understood as whether any two rating companies have the same rating judgment on the overall sample composed of several enterprises, such as: A rating company scores 50 points for enterprise A, 60 points for enterprise B and 70 points for enterprise C; The rating company B scores 60 points for enterprise A, 70 points for enterprise B and 80 points for enterprise C, so the ratings of the whole sample {A, B and C} by the two rating companies A and B are different, but they are highly correlated (completely related). The variable describing the difference of a rating result itself is fit or fit probability, for example, A rating company scores 50 points for enterprise A, 60 points for enterprise B and 70 points for enterprise C; If the rating company B scores 50 points for enterprise A, 70 points for enterprise B and 80 points for enterprise C, then the two rating companies A and B only give the same score for enterprise A, and the rating fit for the whole sample {A, B and C} is 33.33% or 1/3.

[4] The first two differences can be understood as differences in the formal attributes of a single point of data, and the third difference is not about the attributes of a single point of data, but about the statistical attributes of the whole sample. For example, for a certain topic (a), the samples of six companies {A, B, C, D, E, F} are scored, and three companies {A, B, C} are selected in the annual report. Suppose that the data of {A, B and C} on indicator (a1) are {100, 200 and 300} respectively, while the data of {D, E and F} on indicator (a2) are (100, 4000 and 10000) respectively, the difficulty for rating companies is how to determine {A}. This problem can be solved by statistical analysis to some extent. The solution of statistical analysis requires the following assumptions: First, indicators (a1) and (a2) can truly and accurately reflect the performance of the whole sample in topic (A) and have the same statistical distribution characteristics; Second, the sample is rich enough to restore the common true statistical distribution characteristics of (a1) and (a2) respectively through the statistical distribution characteristics of the whole sample. For example, there are 2,000 enterprises in the sample instead of six.Moreover, the (a1) statistical distribution of the 1,000 enterprises using the (a1) indicator and the (a2) statistical distribution of the 1,000 enterprises using the (a2) indicator are both normal distributions. According to statistical analysis, it can be inferred that the enterprise that ranks x% (where X is in the range of 0 to 100) among the 1,000 enterprises using the (a2) indicator is also ranked X.

[5] Similarly, there are three ways to measure Covid-19 infection: antigen, nucleic acid and antibody, and the effectiveness of products provided by companies under each category is different. Assuming that in a national screening, everyone only provides the results of one COVID-19 infection measurement method, then it is difficult for us to give equal ratings to antigen-positive, nucleic acid-positive and antibody-positive. This is because, limited by the objective laws of measurement methods, the true statistical distribution of the three measurement results is different for the same sample (the same screening population).

[6] According to the assumption at the beginning of this paragraph, there is no difference in the original data, and both rating companies of Party A and Party B have obtained all samples {A, B, C, D, E, F} and the index scores of six enterprises on a certain topic {100,200,300,700,800,900}. Both rating companies of Party A and Party B use the following rating rules. If they reach the set reference benchmark, they will be rated as excellent; if they fail to reach the set reference benchmark, they will be rated as poor. Among them, the A-rated company chooses the average value of all samples as the reference benchmark, that is, 500. Then the scores of {A, B and C} three energy enterprises failed to meet the standards, while the scores of {D, E and F} three commercial banks were all higher than the standards, and the results of rating company A for six enterprises were {inferior, inferior, inferior, excellent, excellent}. The rating company B sets the reference benchmark according to the industry average, and the rating results of the rating company B for the energy industry and the banking industry are {poor, excellent and excellent} and {poor, excellent and excellent} respectively. Give an example to illustrate the meaning of this sentence, that is, the C-rated company can choose to transfer from the reference benchmark of A-rated company to the reference benchmark of B-rated company, thus realizing that: the energy enterprises of {B} and {C} have moved from the last 50% of the overall rating distribution to the first 66% of the new internal rating distribution of the energy industry; D commercial banks have moved from the top 50% of the overall rating distribution to the bottom 33% of the new banking internal rating distribution.

[7] Both the regression replacement method and the prediction mean matching replacement method need to determine the replacement value through regression analysis. The difference is that the regression replacement method directly replaces the missing value with the prediction mean; The matching replacement rule of predicted mean replaces the missing value with the actual observed value in the sample closest to the predicted mean, which is a partial parameter method.

[8] According to the data of the Global Initiative for Sustainable Rating (GISR) GISR)2018. Some organizations providing ESG data are profit-making and some are non-profit; Some focus on topics such as climate change or human rights, while others focus on topics of all ESG categories. ESG data providers continue to improve the richness of their services, from selling data and research to providing consulting services and technical and management solutions. At the same time, ESG data providers continue to seek to expand and internationalize the number of companies in their databases.

[9] ESG data can be divided into three levels according to the degree of data processing: the original data collected by data providers can be defined as the lowest level ESG data; The original data is processed by the data provider into secondary ESG indicators (data); According to their own rating methodology, ESG rating companies finally integrate many secondary ESG index data into a tertiary ESG rating (data).

[10] For example, AMI(Access to Medicine Index) uses the data of Sustainalytics, while FTSE4Good Index Series (FTSE 4 Good Index) uses the research service of Vigeo-EIRIS.

References:

Billio, M., Costola, M., Hristova, I., Latino, C., & Pelizzon, L. (2021). Inside the ESG Ratings:(Dis) agreement and performance. Corporate Social Responsibility and Environmental Management, 28(5), 1426-1445.

Eccles, R. G., & Stroehle, J. C. (2018). Exploring social origins in the construction of ESG measures. Available at SSRN 3212685.

Kotsantonis, S., & Serafeim, G. (2019). Four things no one will tell you about ESG data. Journal of Applied Corporate Finance, 31(2), 50-58.

Original title: Data Problems and Suggestions of Industry Research | ｜ESG Evaluation

Read the original text

Text | Wang Zhongyang lp

I will automatically pop up the relevant entry of "Michelle J" when I search for the relevant information of "Chef Fang with a Pot in the Flower Room". I will talk about this actor who plays the female host "Fang Yibiao" later.

Last week, when our editor-in-chief ordered me to talk about Ruan Lingyu, he told me by the way that Chef Fang could also be talked about in the choice space. This online drama was compared with others when I swore last year, which meant "Look at others, look at you, look at the big Lao Li next door". At that time, Chef Fang with a pot in the flower room was defined as "a seriously underestimated online drama". Considering that the Chinese New Year is coming soon, if you want to talk about fighting, killing or ghostly things, at least you have to wait until the end of the New Year.

I read the novel "Chef Fang" first and then watched the online drama. It was many years later. At that time, when it was released in 2012, I monitored the national box office screening one night. I had nothing to do in the morning, and found a post called "Chef Fang with a pot in the flower room". At that time, I thought I would stop watching it if it wasn’t scary. Who knows, I couldn’t stop watching it and watched it directly until dawn.

The novel is not long, the plot is coherent, and the character "Fang Yibao" is also three-dimensional. The image of a charming, lovely, intelligent and upright girl comes to my eyes through the story. At that time, the criticism and praise of the novel were half, some people said it was "Xiao Qingxin" and others said it was "Xiao Bai Wen".

I have a fair evaluation of it, not amazing, but I don’t hate it.

Five years later, when the online drama of the same name was launched, I was indifferent at first, which was similar to my first impression of The Ferry of the Soul:

Looking at no coffee and no flowers, you must be embarrassed to call mom.

In addition, I still have some "fears" before watching this drama, because when Kerui’s Strange Tales of the Urban Demon was changed into an online drama, my "original powder" was greatly hit after watching it, and I vowed never to watch or change the screenwriter again, especially the online drama.

But in the end, just like The Ferry of the Soul, I was very surprised by The Chef with a Pot in the Flower Room. This online drama is not adapted to the original. Except for adding two or three auxiliary characters, it is basically loyal to the original. The most important thing is that the portrayal of the female host "Fang Yibao" and the male host "Shen Yong" in it is also very consistent with my basic impression of the novel characters.

So this drama became a work in my favorites in the following years, and it was often compared with some masterpieces by some great directors and editors. The so-called-

Jianghu has a spoonful of female names,

The food adds fragrance and smiles.

The prodigal son will never change his gold,

I don’t like red makeup, I like braised pork.

one

First words: a spoonful of stories and a spoonful of wine

I’m not very good at talking about the content of TV series, because TV series is not like movies, and a story is divided into dozens of episodes, especially the content like series is often very scattered. Movies are different. The basic framework of 90 minutes is understandable, so people often pay more attention.

Later, I watched more TV dramas, and I had some immature ideas. I wonder if I can assume that if I am a normal person, then my perception ability is relatively normal when I accept a story. Will the content that makes me feel "scattered" not be because of my IQ, but because the writer and director have some "small problems", and the result seems to be "scattered"?

Of course, if it may offend people, then continue to assume that there is something wrong with my IQ.

It’s just that no matter whether it’s "The Ferry of Soul" or "The Chef with a Pot in the Flower Room", this kind of series won’t confuse my thinking. What they have in common is that "there are only a few characters, but the story has been refurbished", and they finally achieve sublimation by constantly breaking through the barriers like monsters.

For example, the appearance of "Fang Yibiao" is a very "ordinary" appearance. She was originally a female cook who traveled the rivers and lakes alone. She opened a wonton stall somewhere and met an old rich man who was fooled by a fortune teller. The old rich man didn’t want his daughter to marry the magistrate, Shenyang, who had a famous dissolute son "Shen Yong" in the city. It can not be said that everyone loved her, but also that God hated ghosts.

So he followed the fortune-teller’s advice and went to the street to look for a substitute. He bumped into Fang Yibao. When the girl saw his haggard face, she made him a bowl of wonton, but he was grateful and knocked him unconscious and stuffed him into a sedan chair … Thus, a story of irony and "liveliness" began.

Say "ironic" because the characters are really funny. Both Shen Yong and Fang Yibao are lovely people, such as "Shen Yong". The whole city says that he is an asshole. In fact, he is in a rebellious period and can’t get his father’s approval, so he changed his tricks. As a result, he met Fang Yibao, who can beat him with a rolling pin. This girl is not an ordinary shrew, and she is illiterate. However, her cultural quality is extremely low.

Not flashy, down-to-earth, know what is good and what is bad.

This is interesting. The ancients said that "the prodigal son will never change his money", and Chef Fang just let Fang spoonful use a rolling pin to show the audience "about how I trained my naughty husband who didn’t rely on four or six". Looking at these two little guys on the screen, you chase after me. There is no kissing scene and sex scene, but it just makes people feel natural and comfortable, much like the modality of boys and girls in the lush years.

It is said that "the color is lively and fragrant" because the author Ya Ya must be a foodie. In Chef Fang, she showed dozens of different cooking methods, which made people’s forefinger move when they read the words. In the play, through various dishes, it made my mouth water.

The best thing is that I have personally practiced the tricks taught to everyone by "Fang Yi Shao", such as how to use stinky tofu and pig’s head to sandwich sesame cakes, and how to put the bottom material in noodles, which is really delicious. In my opinion, this benefits me more than the story itself, and it is much more reliable than the "Twenty-four Bridges and Moonlit Night" by Mr. Jin Yong.

Of course, I don’t want to blow the whistle on "Chef with a Pot in the Flower Room", because it does have some shortcomings, such as the language of the characters is too modern, and the clothes are a little confusing. You can’t tell which dynasty these people lived in, although the story itself is an overhead history. But this is an unavoidable injury in this play.

There’s another problem—

After all, the Cinderella whose ending can’t be avoided is not a mortal, but a royal princess who once lived among the people. As for Shen Yong’s father, Shen Yibo, and the fortune teller mentioned at the beginning, they were also arranged to fall into the whirlpool of palace fighting, and the palace fighting also had no technical content.

However, the flaws do not hide Yu’s flaws. The Chef with a Pot in the Flower Room is not a "palace fight drama" in itself. It is a suspense drama of love and food in a costume drama. This kind of drama can let me take it out from time to time, not by how well-made and well-performed it is, but by "simplicity".

two

Repeat: Three Two Surprises, Three Two Springs

"Chef with a Pot in the Flower Room" gradually perfects their respective understanding of life, responsibility, love, affection and friendship through short stories that men and women have experienced passively or actively. Inspired by Fang Yibao, Shen Yong began to follow the magistrate’s father, Shen Yibo, and Shen Yibo gradually relied on his son from the beginning.

In the process, different people are met in each case, and the degree of good and evil is different, which is inseparable from the "one scoop" food offensive. Not blunt, not "big lady", and even can say that she is "silly and sweet" interpreted by "anti-big lady".

The online drama is faithful to the novel, and the style of the novel is quite "sweet". It just seems that I am not tired, I don’t need to think, I am completely relaxed, and I can continue to watch.

Speaking of which, I’m a little skeptical myself. I think I’ve always liked to watch something with a little depth. I talk about Chef Fang and praise it as a bit like Mozart’s hand-waving. But on second thought, I like it far more than some film and television dramas that are often worth over 100 million yuan, full of stars and of great significance to the times. Perhaps it’s because of its high purity. "Purity" means that it can let me find a kind of "sense of relaxation" and a beautiful yearning for interpersonal relationships and the essence of life.

It outlines a simple happiness through the tolerance and love of the Shenfu family for "Fang Yi Shao" from beginning to end, and the yearning of a bunch of official servants for "wealthy family" to cook every time. It is also the first time I feel:

It is more "a beautiful thing" to outline life and resolve contradictions with delicious food than "chicken soup is coming"

Incidentally, Michelle J, the actor who plays "Fang Yibiao", looks good in costume, which happens to be in my aesthetic sense. It’s perfect for this girl who looks "fleshy and MengMeng" to perform a relaxed and humorous play, but it’s a pity that she is said to have retired.

In this drama, all the leading actors and supporting actors, such as Lei Mu, Chang Cheng, Li Xiaohong, Fang Yao and Ben Hu, the adopted son of Shen Jie, are online. Unfortunately, no better works have been seen since then.

In fact, the investment and production scale of this drama is not large, and it won’t cost much in the later period. Some treasures can be found in it, including young singer Sun Zihan and his full set of theme songs and ending songs, such as Cooking Love, Memories So Hurt, Always Stupid, etc. At first glance, you can know that it is the "Lian Heng" between the music company and the production unit, but there is a saying that the content level of lyrics and composition is good.

It has been almost five years since the drama was launched in 2017. In the past five years, China’s online dramas have gradually matured, and even have the momentum of catching up with "orthodox" TV dramas. I didn’t care before. Later, when I was forced to write articles and look up information, I began to gradually correct my previous prejudice against this kind of online film and television drama.

　

I even began to have some doubts about the "traditional works" that I once thought were orthodox.

three

Last words: half a table is crazy and half a table is drunk.

Someone once commented that the theme of "Chef with a Pot in the Flower Room" is very grounded, so it is popular. I don’t quite agree with this statement. Because film and television dramas, as well as any other forms of artistic expression, should be grounded in itself.

What is "grounding gas"? According to the official language, it is "close to people’s lives, reflecting people’s stories, and showing the beauty of working people through artistic re-creation".

Of course, I’m not calling people names, I’m not a junior four …

Where have you been? Don’t get me wrong. I’m talking about the "little four" who bullied his teacher and destroyed his ancestors in Farewell My Concubine. He insisted on arguing with his master, "Why isn’t Peking Opera beautiful when it comes to the working people?"

I mean, there is no shame in making money, but you should have a clear understanding of your position. You can’t look down on the "working people" while making money. Art itself is to earn other people’s money. In the end, it seems to be a very elegant thing to feel that you are not "grounded", which is "when you stand up again", isn’t it?

In the past twenty years, my feeling is that "grounding gas" should be a subconscious move in the film and television industry. Professionals can certainly evaluate the lens, light and shadow, wide angle and performance of a film and television drama, and money makers can also use data, coffee spots, lineups, money piles and "Do you know how hard they (I intentionally) work?" As a gimmick for marketing and money. However, we must not really take these as the standard for creating works, let alone underestimate the IQ of the audience, nor ignore the needs of the audience.

No matter how famous people are, they should have a clear understanding in their hearts: you know best whether your work is sincere or false, and you know well whether others praise you from the heart or whether the scene is polite. Only sometimes, when some "masterpieces" come out, they are always crowned with various expectations, and only after they come out, they regret to find that "they look like Zhao Dan from a distance and look at Fui-On Shing from a distance".

Therefore, only by modestly lowering your posture and going deep into the audience and looking for what they like to see can you make your artistic creation level "evergreen" forever.

If nothing else, take "The Ferry of the Soul" as an example. tales of mystery, who first appeared in the world, is frank and pure; The same is true of Chef Fang. The main creator may think that the story itself is already very good, and it is too melodramatic to add his own ideas at random to express or criticize anything. Because it is very simple, besides letting you learn some cooking skills, it tells you how to get along with men and women, father and son and family with stories, and there are not so many Shakespeare-style lines and Bollywood-style mirrors.

In this way, Chef Fang is also "perfect". The perfection lies in that it has no sequel, no "third season" and no "thoughts". It is simply like "Chef Fang" himself:

I am just a little girl, and I have no great ambition.

The above can be regarded as a drunken remark by "Chef Fang".

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Blessed are Chengdu people! In the future, photos of ID cards can be taken with beautiful "selfies"! On September 11th, 136 "one-stop service accreditation points" in Chengdu were officially put into operation. In the future, 31 service items in five categories, such as ID card and household registration, can be handled without going to the government affairs center and directly going to the 136 newly added "one-stop service accreditation points" in Chengdu. What’s more comfortable is that there are "selfie artifacts" at these registration points, and photos of ID cards, entry and exit documents and driver’s licenses can be taken by themselves until they are satisfied!

Self-help shooting

Self-portrait ID photo taken until satisfactory.

But there is no beauty function.

According to a website survey, 80% of the respondents are not satisfied with their ID cards. In the future, Chengdu people will no longer have to worry about their ugly ID photos!

Tianfu Morning Post reporter found this "self-service camera" in the "one-stop service accreditation point", and a black curtain was intimately hung outside the machine, so that you can play freely in a closed environment. In the camera, there are still some things to be aware of, such as "Please wear clothes with collars and don’t wear heavy makeup". The public can take photos of relevant documents by themselves after reading.

Before shooting, you can confirm your identity by swiping the second-generation ID card or manually entering the ID number. After entering the photo page, you can pose correctly according to the prompts. The self-service camera also has an adjustment button, which can be adjusted up or down. After posing, you can click the photo button. Of course, if you are not satisfied with the shooting, click to shoot again, and if you are satisfied, click to take photos.

As long as you are not afraid of being urged by the little friends waiting in line behind, the photo can be taken to your satisfaction. However, it needs special reminder that the camera does not have a beauty function.

How to choose a site

Five urban areas achieve "full coverage"

24 points of new urban construction in suburbs

It is understood that Chengdu has added 128 new ones on the basis of eight built at the beginning of this year, and completed the construction of 136 "one-stop service accreditation points" in an all-round way. After two months of trial operation, inspection and acceptance, it officially started operation on September 11th, exceeding the annual target and task three months ahead of schedule.

So far, Chengdu Public Security has established a new service system of Chengdu Public Security Window, which is based on the public security accreditation center, supplemented by "one-stop service accreditation point", supplemented by mobile service, and "Chengdu Public Security Micro-household administration" as the carrier, combining "point-to-face" with "static" and "virtual entity" with "online and offline", further solving the "last mile" problem of serving the masses.

This time, the Chengdu Public Security Bureau fully considered the regional population distribution, the radiation effect of the station and the size of the office space of the police station, rationally selected the location, and implemented three kinds of location construction modes. A total of 136 "Chengdu Public Security One-stop Service Registration Points" were officially built in 110 police stations, 25 community convenience service centers and 1 community police office in the city, exceeding the construction task of 120 points established by the municipal party committee and municipal government.

Among them, 112 "11+2" central city, high-tech zone and Tianfu New District have been built, accounting for 82.35%, and 24 suburban new towns have been built, accounting for 17.65%, mainly in areas with large population and large land and strong radiation effect. Jinjiang, Qingyang, Jinniu, Wuhou and Chenghua point settings achieve "full coverage"; Wenjiang, Shuangliu, Qionglai, Pengzhou and Dayi were guided by the needs of the masses, and after extensively soliciting opinions and suggestions, 16 accreditation points were added.

service content

Can handle 31 service items in 5 categories.

12 certificates of household administration issued 14 certificates.

In terms of construction standards, it is implemented in accordance with the relevant standards for standardized construction of police stations; In terms of staffing, a basic staffing model of "1+1+ N" was initially formed, namely, one full-time police officer, one part-time police officer and n police assistants. In terms of standardized management, the standardized service management mode of public security accreditation center is introduced, and information support, quality supervision and business guidance are established.

136 "one-stop service accreditation points" can handle 31 service items in 5 categories. Among them, there are 12 household affairs, 1 traffic police, 3 entry and exit, 1 public security and 14 certificates. By June 30, the construction tasks of 136 accreditation points had been basically completed; At the beginning of July, the Household Administration Bureau took the lead in organizing a two-month trial operation, and inspected and accepted the trial operation at the end of August.

During the trial operation, the city received a total of 170,000 people (times), and handled 112,000 household affairs, entry and exit, public security, vehicle control and certification materials. Among them, there are 88,000 households, accounting for 78.36%; 07,000 entries and exits, accounting for 6.25%; 127 cases of public security, accounting for 0.11%; 778 car drivers, accounting for 0.69%; There are 16,000 proofs, accounting for 14.59%.

One-stop service, service matters at the registration office

★★★ Household administration business

Urban household registration transfer, non-main item change (correction), cancellation of dead person’s household registration, replacement of household registration book, and arrival of newborn baby.

National identity cards are handled in different places.

The name and surname of the people have been changed (corrected).

Change of citizen’s ID number, gender and date of birth (correction).

Application, renewal and replacement of identity cards of registered residents within the jurisdiction of the police station; Redemption and replacement of resident ID cards across districts (cities) in the city.

Apply for and endorse residence permit.

★★★ Entry and exit business

For the first time, registered residents in this city apply for ordinary passports, travel passes to and from Hong Kong and Macao and travel endorsements (excluding the second endorsement), travel passes to and from Taiwan and travel endorsements (excluding the second endorsement).

★★★ Driving management business

Vehicle owner and driver window user registration. Open the internet to handle business authority, and guide the masses to handle car management business online or dial 11185 to handle car management and other business.

★★★ Public security business

Dog registration certificate, dog identification card.

★★★ Certificate issued

1. Certificate of correction for the change of household registration items: Certificate of Change.

2. Certificate of cancellation of household registration: Certificate of Death Cancellation, Certificate of Cancellation of Household Registration for Military Service in the Army, Certificate of Cancellation of Residence Abroad, Certificate of Cancellation of Household Registration for Sentenced Punishment, Certificate of Re-entry/Mistaken Registration of Household Registration.

3. Proof of kinship: Proof of Kinship.

4. Identity certificate of abducted children: Identity certificate of abducted children.

5. Certificate of reporting abandoned baby (child): Report Certificate of Reporting Abandoned Baby (child).

6. Abnormal Death Certificate: Abnormal Death Certificate.

7. Temporary identity certificate: Temporary Identity Certificate.

8. Certificate of No Criminal Record: Certificate of No Criminal Record.

9. Other certificates: Certificate of Residence Registration and Certificate of Change of Door (Building) Number.

Special reminder

Most businesses cannot be handled across regions.

It is worth noting that the "Chengdu Public Security One-stop Service Accreditation Point" mainly serves citizens in all major districts of Chengdu, and most of the citizens’ businesses cannot be handled across regions. For example, citizens in Jinjiang District are handled at the accreditation point in this district. At the same time, for the second-generation ID card that citizens are more concerned about, except that the first application for ID card needs to be handled at the police station where the household registration is located, the subsequent application for replacement of ID card can be realized at the registration office in this district. Friends from other places, as long as they have a residence permit in Chengdu, can enjoy equal treatment according to the management measures of residence permit of Chengdu Public Security Bureau. The processing of off-site ID cards is also being piloted, and it can be completed at some processing points.

"We will further strengthen the management and improvement of one-stop accreditation points. Strive to create a good environment, provide warm services, and regulate their own law enforcement behavior. " Yang Hongwu, political instructor of Chengdu Public Security Household Administration Bureau, said. He mentioned that citizens can make an appointment to handle business through Chengdu Public Security Micro-Household Administration, which provides a more convenient way for citizens. Regarding the addresses and telephone numbers of 136 "Chengdu Public Security One-stop Service Accreditation Points" in the city, the website will also be launched in the near future.

(The original title is "Doing an ID card in Chengdu, photos can be" selfie ".Go to 136" one-stop service registration points "to find selfie artifacts, and you can take photos until you are satisfied")