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Energy Price Fluctuation and Real Estate Market Risk Prevention——Empirical Evidence at the Prefecture-Level City Level in China

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China Finance and economic Review 2024年第2期13卷 3-25页

作者： Zhenxia Wang Bingqian Yan Lei Wang national academy of economic strategy Chinese Academy of Social Sciences Institute of Industrial economics Chinese Academy of Social Sciences

The impact of energy price fl uctuation on the macro economy is a hot issue that is continuously concerned by the academic community,but few literature have paid attention to the impact of energy price fl uctuation on housing price and the financial risks that may *** on the data of cities at and above the prefecture level in China,this paper empirically examines the impact of energy price fl uctuation on the price fl uctuation of the domestic real estate,and analyzes its infl uencing mechanism and transmission *** results show that changes of energy price will significantly affect the fl uctuation of domestic real estate price,and it is more obvious in large cities and *** price affect the demand for housing through changes of interest rate levels on the one hand,and the supply of the real estate market through the cost of housing construction on the other hand,which leads to housing price fl *** a series of robustness tests,the results are still *** the same time,the effect is asymmetric,that is,higher energy price increases the fl uctuation of house price,but the impact of falling energy price is not ***,when preventing real estate market risks,energy price should be considered as a forward-looking indicator to focus on,and the regulation and control policies of the real estate market should be scientifically *** paper not only provides a new perspective on the mechanism of housing price formation,but also enriches the research on the interconnection between energy and financial markets.

关键词： energy price real estate price financial risk

Defusing Triple Pressure to Promote High-Quality economic Development Rapidly

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Frontiers of economics in China-Selected Publications from Chinese Universities 2024年第1期19卷 30-58页

作者： WANG Hongju ZHANG Xinyu Schoolof Applied economics University of Chinese Academyof Social SciencesBeijing 12488China national academy of economic strategy Chinese Academy of Social SciencesBeijing 100006China School of Finance Zhejiang University of Finance&EconomicsHangzhou 310018China

Since the 18th national Congress of the Communist Party of China(CPC),the quality of China's economic development has been continuously ***,the year 2022 witnessed a subdued economic growth *** triple pressures continue to evolve,with contraction in demand as the primary contradiction facing China's macro economy in the short *** contrast to major economies in the world,China grapples with a low economic growth-inflation index combination,a pace of economic expansion trailing behind its potential,and a mounting unemployment *** impact of supply on price increases weakens,while the global industrial and supply chains are amidst continuous *** the consumer confidence index(Ccl)and the purchasing managers'index(PMl)remain *** expectation for the depreciation of the RMB against US dollar is *** 2023,China will continue to improve the financing environment and carry out a proactive fiscal ***,there is a moderation trend in the trajectory of the interest rate of the Federal Reserve System *** together,these factors(triple pressures)are expected to mitigate the contraction in demand,thereby steering the economy toward robust ***,it is crucial to recognize that low economic growth in the long term may compromise the quality of economic *** year 2023 is the first year of accelerating Chinese modernization after the 2Oth national Congress of the *** should integrate the strategy to expand internal demand with its efforts to deepen supply-side structural *** can foster the coordinated growth of both economic quality and speed,making a good start for Chinese modernization.

关键词： high-quality development output gap strategy to expand domestic demand supply-sidestructuralreform

Production Chain Length and PPI-CPI Divergence:Analysis Based on the Global Input-output Price Model

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China Economist 2024年第3期19卷 49-69页

作者： Ni Hongfu Yan Bingqian Wu Liyuan School of economics University of the Chinese Academy of Social Sciences(UCASS)BeijingChina Institute of economic Research Chinese Academy of Social Sciences(IE-CASS) national academy of economic strategy CASS(NAES-CASS) Institute of World economics and Politics CASS(IWEP-CASS)

Productivity and international energy price shocks are reflected in PPI and CPI via industrial ***’s in-depth participation into the global value chains has increasingly lengthened its industrial production *** question is how the changing length of production chains will affect CPI and PPI,as well as CPI-PPI correlation?By constructing a global input-output price model,this paper offers a theoretical discussion on the impact of production chain length on the CPI-PPI *** findings suggest that the price shock of international bulk commodities has a greater impact on China’s PPI than that on *** effects on both China’s PPI and CPI estimated by using the single-country input-output model are higher than the results estimated with the global input-output ***,the difference between CPI and PPI variations estimated with the global input-output model is greater than the result estimated with the single-country input-output model,which supports the view that the lengthening of production chains,especially international production chains,leads to a divergence between CPI and *** results based on cross-national panel data also suggest that the lengthening of production chains has reduced the CPI-PPI correlation for countries,*** lengthening of production chains has increased the PPI-CPI *** is to say,policymakers should target not just CPI in maintaining price stability,but instead focus on the stability of both PPI and *** can be made to proactively adjust the price index system,and formulate the industrial chain price index.

关键词： Global value chains length of production chains consumer price index producer price index

Data-Empowered High-Quality economic Development: Mechanisms and Pathways

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China Economist 2024年第3期19卷 39-48页

作者： Xia Jiechang Zheng Hao Zhang Yajun national academy of economic strategy(NAES) Chinese Academy of Social SciencesBeijingChina China Development Bank Beijing BranchBeijing Business School University of the Chinese Academy of Social Sciences(UCASS)Beijing

To achieve high-quality economic development,it is imperative to prioritize the real economy and foster new factors for economic ***,as a new factor of production,plays a pivotal role in facilitating the seamless integration between digital technology and the real *** possesses inherent attributes and techno-economic characteristics that enable the extraction of value across various processes,including production,transaction,consumption,and regulatory *** integration with digital technology enhances the productivity and efficiency of the real economy by facilitating service sector digitalization,accelerating the growth of the new real economy,and supporting the virtual economy in its role of serving the real *** present,unleashing the value of data is hindered by inadequate fundamental systems for the data,a lack of activity in the transaction market,and the underutilization of the data as a factor of production by enterprises in the real ***,it is advised that data be fully utilized to develop the real economy through the four-pronged approach of“enhancing support for the high-quality provision of the data,expediting the integration of the data into the real economy,promoting the high-quality development of the real economy,and enhancing public service and governance systems”.

关键词： Real economy data digital economy high-quality development

Conservation genomics provides insights into genetic resilience and adaptation of the endangered Chinese hazelnut, Corylus chinensis

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Plant Diversity 2024年第3期46卷 294-308页

作者： Zhen Yang Lisong Liang Weibo Xiang Lujun Wang Qinghua Ma Zhaoshan Wang Key Laboratory of Tree Breeding and Cultivation National Forestry and Grassland AdministrationResearch Institute of ForestryChinese Academy of ForestryBeijing 100091China national Engineering Research Center of Eco-Environment Protection for Yangtze River economic Belt China Three Gorges CorporationBeijing 100083China Rare Plants Research Institute of Yangtze River China Three Gorges CorporationYichang 443133China Research Institute of economic Forest Cultivation and Processing Anhui Academy of ForestryHefei 230031China

Global climate change has increased concerns regarding biodiversity ***,many key conservation issues still required further research,including demographic history,deleterious mutation load,adaptive evolution,and putative *** we generated the first chromosome-level genome of the endangered Chinese hazelnut,Corylus chinensis,and compared the genomic signatures with its sympatric widespread ***-C yunnanensis *** found large genome rearrangements across all Corylus species and identified species-specific expanded gene families that may be involved in *** genomics revealed that both *** and the *** complex had diverged into two genetic lineages,forming a consistent pattern of southwestern-northern *** size of the narrow southwestern lineages of both species have decreased continuously since the late Miocene,whereas the widespread northern lineages have remained stable(***) or have even recovered from population bottlenecks(*** complex) during the *** with ***-C. yunnanensis complex,*** showed significantly lower genomic diversity and higher inbreeding ***,*** carried significantly fewer deleterious mutations than ***-C. yunnanensis complex,as more effective purging selection reduced the accumulation of homozygous *** also detected signals of positive selection and adaptive introgression in different lineages,which facilitated the accumulation of favorable variants and formation of local ***,both types of selection and exogenous introgression could have mitigated inbreeding and facilitated survival and persistence of ***,our study provides critical insights into lineage differentiation,local adaptation,and the potential for future recovery of endangered trees.

关键词： Conservation genomics Demographic history Inbreeding Genetic load Runs of homozygosity Local adaptation

Asia-Pacific Security Situation and Strategic Response Under Great Changes

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Contemporary World 2024年第2期 19-23页

作者： Zhang Jie national Institute of International strategy at the Chinese academy of Social Sciences

Our world today is going through accelerated transformation unseen in a *** new round of scientific and technological revolution and industrial transformation is gaining steam,the international balance of power is un... 详细信息

关键词： Great Strategic Response

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UPS AND DOWNS economic and trade ties,a microcosm of *** over the last 45 years

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Beijing Review 2024年第1期67卷 12-15页

作者： Zhong Feiteng national Institute of International strategy

Over the past decades,the economic and trade relationship between China and the United States,which connects both sides of the Pacific like“thread and needle,”has gone through a process of rising from nothing and th... 详细信息

关键词： needle nothing UPS

Strategic Study on the Development of Space Science in China and Proposals for Future Missions

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空间科学学报 2024年第4期44卷 699-703页

作者： WANG Chi SONG Tingting LI Ming CAO Song national Space Science Center Chinese Academy of SciencesBeijing 100190

Since 2011,the Chinese academy of Sciences(CAS)has implemented the Strategic Priority Program on Space Science(SPP).A series of scientific satellites have been developed and launched,such as Dark Matter Particle Explorer(DAMPE),Quantum Experiments at Space Scale(QUESS),Advanced Space-based Solar Observatory(ASO-S),Einstein Probe(EP),and significant scientific outcomes have been *** order to plan the future space science missions in China,CAS has organized the Chinese space science community to conduct medium and long-term development strategy studies,and summarized the major scientific frontiers of space science as“One Black,Two Dark,Three Origins and Five Characterizations”.Five main scientific themes have been identified for China’s future breakthroughs,including the Extreme Universe,Space-Time Ripples,the Panoramic View of the Sun and Earth,the Habitable Planets,and Biological&Physical Science in *** science satellite missions to be implemented before 2030 are proposed accordingly.

关键词： Space science Space missions Space exploration

Identification and characterization of camptothecin tailoring enzymes in Nothapodytes tomentosa

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Journal of Integrative Plant Biology 2024年第6期66卷 1158-1169页

作者： Yin Chen Jian-Ping Huang Yong-Jiang Wang Meng-Ling Tu Junheng Li Bingyan Xu Guoqing Peng Jing Yang Sheng-Xiong Huang State Key Laboratory of Phytochemistry and Plant Resources in West China and Yunnan Key Laboratory of Natural Medicinal Chemistry Kunming Institute of BotanyChinese Academy of SciencesKunming 650201China University of Chinese academy of Sciences Beijing 100049China Key Laboratory for economic Plants and Biotechnology Kunming Institute of BotanyChinese Academy of SciencesKunming 650201China

Camptothecin is a complex monoterpenoid indole alkaloid with remarkable antitumor *** that two C-10 modified camptothecin derivatives,topotecan and irinotecan,have been approved as potent anticancer agents,there is a critical need for methods to access other aromatic ringfunctionalized congeners(e.g.,C-9,C-10,etc.).However,contemporary methods for chemical oxidation are generally harsh and low-yielding when applied to the camptothecin scaffold,thereby limiting the development of modified *** herein,we have identified four tailoring enzymes responsible for C-9 modifications of camptothecin from Nothapodytes tomentosa,via metabolomic and transcriptomic *** consist of a cytochrome P450(Nt CPT9H)which catalyzes the regioselective oxidation of camptothecin to 9-hydroxycamptothecin,as well as two methyltransferases(Nt OMT1/2,converting 9-hydroxycamptothecin to 9-methoxycamptothecin),and a uridine diphosphate-glycosyltransferase(Nt UGT5,decorating 9-hydroxycamptothecin to9-β-D-glucosyloxycamptothecin).Importantly,the critical residues that contribute to the specific catalytic activity of Nt CPT9H have been elucidated through molecular docking and mutagenesis *** work provides a genetic basis for producing camptothecin derivatives through metabolic *** will hasten the discovery of novel C-9 modified camptothecin derivatives,with profound implications for pharmaceutical manufacture.

关键词： camptothecin biosynthesis enzymatic assay Nothapodytes tomentosa tailoring enzyme transcriptomic analysis