Social–financial approach for analyzing financial transitions

This study proposes a social-financial approach(SFA)to fill the methodological research gap in strategic policy design for managing financial transitions during social changes.The SFA seeks to characterize inclusive transitions in response to innovation and analyze financial management in social changes.Using a multilevel perspective,we combine evolutionary finance and inclusive growth analytics into this framework.We contend that the interaction between the different levels can be summarized as spontaneous adjustments and the alignment of financial elements with the indicators.Actors who attempt to achieve their goals based on past performance evaluations and other forms of bounded rationality strive to cope with adjustments and further trigger a reorientation of the existing regime.We also developed a new configuration tool called the three-axis description to describe the evolution of financial transitions at different stages.These methods allow us to analyze the evolution of financial transition and efficiency,and we argue that market efficiency evolves in stages with the finan-cial transition.Finally,to demonstrate the capability of SFA to identify diverse financial transition pathways,we examined an example case:the establishment of the Bretton Woods System.

Pathway-dependency of Chinese Financial System Transition and Financing Difficulties of Private Business

Under the present situation of dramatic change of the national income distribution pattern, the dominant economy of our progressive reform has made a rapid change from the past government-direct-financing type to the present bank-indirect-financing type. In order to replace the function of government- investment in the state-owned economy, the direct and indirect financing channel of the process of our financial system transition has an obvious preference for its ownership system, and the small and medium-sized financial institutions matching with private business are in a weak state due to the constraints of system supply, these two factors result in the extreme asymmetric between the financial structure and economical structure. A major part of the financial resources are invested in those inefficient state-owned business, which involve the Private business into a difficult position of financing, and the whole financial system transition moves towards the factual pathway-dependency due to the system defect, accordingly the finance resources allocation enter into a system lock state with rather low efficiency, so it calls for some related system innovation to correct its pathway derivation.

Boosting Lean Electrolyte Lithium-Sulfur Battery Performance with Transition Metals: A Comprehensive Review

Lithium–sulfur(Li–S) batteries have received widespread attention, and lean electrolyte Li–S batteries have attracted additional interest because of their higher energy densities. This review systematically analyzes the effect of the electrolyte-to-sulfur(E/S) ratios on battery energy density and the challenges for sulfur reduction reactions(SRR) under lean electrolyte conditions. Accordingly, we review the use of various polar transition metal sulfur hosts as corresponding solutions to facilitate SRR kinetics at low E/S ratios(< 10 μL mg~(-1)), and the strengths and limitations of different transition metal compounds are presented and discussed from a fundamental perspective. Subsequently, three promising strategies for sulfur hosts that act as anchors and catalysts are proposed to boost lean electrolyte Li–S battery performance. Finally, an outlook is provided to guide future research on high energy density Li–S batteries.

Moderating effect of corporate financialization on the impact of climate policy on corporate green innovation:Evidence from China

With intensifying global climate change,humanity is confronted with unparalleled environmental challenges and risks.This study employs the staggered difference-in-difference model to examine the relationship between climate policy and green innovation in the corporate financialization context.Using Chinese-listed company data from 2008 to 2020,our analysis reveals a favorable correlation between China’s carbon emission trading policy(CCTP)and advancements in green innovation.Furthermore,we find that the level of corporate financialization moderates this correlation,diminishing the driving effect of CCTP on green innovation.Additionally,results of heterogeneity analysis show that this moderating consequence is more evident in non-state owned and low-digitization enterprises compared with state-owned and high-digitization ones.Our findings contribute to the existing literature by clarifying the interaction between CCTP,green innovation,and corporate financialization.Our research provides valuable insights for policymakers and stakeholders seeking to strengthen climate policies and encourages green innovation in different types of businesses.

Transitivity Analysis of the Energy in China’s New Era

At present,with the steady development of the global economy,more and more countries begin to pay attention to the impact of ecological environment on economic development and human society,so the ecological environment has become a global issue that cannot be ignored in today’s era.Therefore,from the perspective of the ecological philosophy of Diversity&Harmony as well as Interaction&Co-existence,this paper will conduct ecological discourse analysis on the Energy in China’s New Era based on the transitivity system of systemic-functional grammar,and use the Corpus analysis software UAM Corpus Tool 3.3x to label and make statistics on the transitivity system,aiming to explore the distribution characteristics of the transitivity system in this white paper.Through the transitivity analysis of the white paper,this study helps readers to have a deeper understanding of the positive significance contained in the white paper.To a certain extent,it enables readers at home and abroad to understand China’s stance on energy issues and the positive image of China in energy ecology.It also awaken readers’awareness of environmental protection and acquire good habits of resource conservation to be in harmony between human and nature for sustainable development.

Accelerating Green Transition

Hong Kong is one of the first Asian cities to take action in the fight against climate change.Its 2023-24 budget proposes a number of new carbon neutrality measures to actively seize the opportunities under China’s“double carbon”strategy and accelerate Hong Kong’s development into an international green technology and financial center.

Ⅰ导联R/(R+S)对胸前V3导联移行流出道室性心律失常起源部位的鉴别价值

目的:探索鉴别胸前V3导联移行流出道室性心律失常(OT-VA)起源部位的体表心电图指标。方法:连续选择2017年1月至2022年8月行导管射频消融术的胸前V3导联移行OT-VA患者65例。比较左室流出道起源组(LVOT组)和右室流出道起源组(RVOT组)室性心律失常发作时体表心电图QRS波振幅及相关指标的差异,选择差异有统计学意义的指标,绘制ROC曲线评价所选取指标鉴别OT-VA起源部位的效能。结果:LVOT组11例,RVOT组54例,两组间差异有统计学意义且ROC曲线下面积(AUC)最大的指标为Ⅰ导联R波/(R+S)波振幅比[R/(R+S)],其鉴别OT-VA起源部位的AUC(95%CI)为0.949(0.894~1.000),截断值为0.50。Ⅰ导联R/(R+S)<0.50诊断胸前V3导联移行LVOT起源OT-VA的敏感度、特异度和准确度分别为0.909、0.944和0.938。结论:Ⅰ导联R/(R+S)<0.50可准确鉴别LVOT起源的胸前V3导联移行OT-VA。

纳米碳片负载Mott-Schottky型Co/Co_(9)S_(8)异质结的原位合成及电催化性能研究

以K_(3)[Co(CN)_(6)]为Co源,硫脲为S源,富含-OH和-NH_(2)的天然亲水性高分子壳聚糖为碳源,通过形成CS-K_(3)[Co(CN)_(6)]水凝胶将Co前驱体和S源均匀分布于C前驱体中。水凝胶形成的主要驱动力来自金属Co离子与壳聚糖中-NH_2的配位交联以及Co离子之间通过-CN的桥接作用。得益于均匀分散的前驱体和后续热解处理初期形成的Co的催化作用,通过简单地调控Co与S的原子比,原位构建出均匀镶嵌有Co/Co_(9)S_(8)异质结的N,S共掺杂富含微孔的碳纳米片(Co/Co_(9)S_(8)@N,S-CNSs)。采用SEM、TEM、BET、XRD、Raman、XPS和电化学工作站等方法对所制备催化剂的形貌、组成和结构以及电催化性能进行了表征。结果表明,形成的Mott-Schottky型Co/Co_(9)S_(8)异质界面有效地调控了活性中心的电子结构和电荷传输特性;二维掺杂多孔碳纳米片的负载使活性位点更加均匀分散,同时提供了高速的电子和传质通道,也避免了活性位点在催化过程中的迁移聚集。两者的协同作用使合成的Co/Co_(9)S_(8)@N,S-CNSs复合催化剂具有了更优的催化性能,在10 mA·cm^(-2)的电流密度下,其催化碱性析氧反应/OER的过电位仅为304 mV,优于商业化的RuO_(2)催化剂。该研究为发展具有优异电催化性能的廉价过渡金属催化剂提供帮助。

Chronological age when health care transition skills are mastered in adolescents/young adults with inflammatory bowel disease

To describe the longitudinal course of acquisition of healthcare transition skills among adolescents and young adults with inflammatory bowel diseases.METHODSWe recruited adolescents and young adults (AYA) with inflammatory bowel diseases (IBD), from the pediatric IBD clinic at the University of North Carolina. Participants completed the TRxANSITION Scale™ at least once during the study period (2006-2015). We used the electronic medical record to extract participants’ clinical and demographic data. We used ordinary least square regressions with robust standard error clustered at patient level to explore the variations in the levels and growths of healthcare transition readiness.RESULTSOur sample (n = 144) ranged in age from 14-22 years. Age was significantly and positively associated with both the level and growth of TRxANSITION Scale™ scores (P < 0.01). Many healthcare transition (HCT) skills were acquired between ages 12 and 14 years, but others were not mastered until after age 18, including self-management skills.CONCLUSIONThis is one of the first studies to describe the longitudinal course of HCT skill acquisition among AYA with IBD, providing benchmarks for evaluating transition interventions.

Outcomes and patients' perspectives of transition from paediatric to adult care in inflammatory bowel disease

AIM: To describe the disease and psychosocial outcomes of an inflammatory bowel disease (IBD) transition cohort and their perspectives.METHODS: Patients with IBD, aged &#x0003e; 18 years, who had moved from paediatric to adult care within 10 years were identified through IBD databases at three tertiary hospitals. Participants were surveyed regarding demographic and disease specific data and their perspectives on the transition process. Survey response data were compared to contemporaneously recorded information in paediatric service case notes. Data were compared to a similar age cohort who had never received paediatric IBD care and therefore who had not undergone a transition process.RESULTS: There were 81 returned surveys from 46 transition and 35 non-transition patients. No statistically significant differences were found in disease burden, disease outcomes or adult roles and responsibilities between cohorts. Despite a high prevalence of mood disturbance (35%), there was a very low usage (5%) of psychological services in both cohorts. In the transition cohort, knowledge of their transition plan was reported by only 25/46 patients and the majority (54%) felt they were not strongly prepared. A high rate (78%) of discussion about work/study plans was recorded prior to transition, but a near complete absence of discussion regarding sex (8%), and other adult issues was recorded. Both cohorts agreed that their preferred method of future transition practices (of the options offered) was a shared clinic appointment with all key stakeholders.CONCLUSION: Transition did not appear to adversely affect disease or psychosocial outcomes. Current transition care processes could be optimised, with better psychosocial preparation and agreed transition plans.

Total flavone of Abelmoschus manihot suppresses epithelial-mesenchymal transition via interfering transforming growth factor-β1 signaling in Crohn's disease intestinal fibrosis

AIM To explore the role and mechanism of total flavone of Abelmoschus manihot(TFA) on epithelial-mesenchymal transition(EMT) progress of Crohn's disease(CD) intestinal fibrosis.METHODS First,CCK-8 assay was performed to assess TFA on the viability of intestinal epithelial(IEC-6) cells and select the optimal concentrations of TFA for our further studies.Then cell morphology,wound healing and transwell assays were performed to examine the effect of TFA on morphology,migration and invasion of IEC-6 cells treated with TGF-β1.In addition,immunofluorescence,real-time PCR analysis(q RT-PCR) and western blotting assays were carried out to detect the impact of TFA on EMT progress.Moreover,western blotting assay was performed to evaluate the function of TFA on the Smad and MAPK signaling pathways.Further,the role of co-treatment of TFA and si-Smad or MAPK inhibitors has been examined by q RTPCR,western blotting,morphology,wound healing andtranswell assays.RESULTS In this study,TFA promoted transforming growth factor-β1(TGF-β1)-induced(IEC-6) morphological change,migration and invasion,and increased the expression of epithelial markers and reduced the levels of mesenchymal markers,along with the inactivation of Smad and MAPK signaling pathways.Moreover,we revealed that si-Smad and MAPK inhibitors effectively attenuated TGF-β1-induced EMT in IEC-6 cells.Importantly,co-treatment of TFA and si-Smad or MAPK inhibitors had better inhibitory effects on TGF-β1-induced EMT in IEC-6 cells than either one of them.CONCLUSION These findings could provide new insight into the molecular mechanisms of TFA on TGF-β1-induced EMT in IEC-6 cells and TFA is expected to advance as a new therapy to treat CD intestinal fibrosis.

U.S. Financial War on Terrorism vs. International Financial System

After September 11 events, America has launched a worldwide financial war against terrorism with a series of farreaching measures. It is not only confined to combating international terrorist activities, but will also exert great

Financial Constraints and Multilevel Perspective： The Case of the Italian Manufacturing Enterprises

Following a multi-level perspective （MLP）, a sustainability transition is the consequence of destabilization pressures from the landscape level that are exerted towards the current unsustainable regime contributing thus to the emergence of niche-level eco-innovations （El）. However, the existence of financial barriers to eco-innovative companies may hinder the development and diffusion of EIs at regime level, jeopardising the creation of windows of opportunity that are necessary for niche-level innovations to succeed. In this framework, the present paper investigates to what extent financial constraints are hampering the eco-innovative investments at regime level, by employing an ad hoc designed survey addressed to a sample of Italian manufacturing enterprises. Results reveal the existence of significant financial barriers to eco-innovative companies which are hindering the development and adoption of incremental technological EIs and organizational EIs at regime level, delaying the transition towards a more sustainable regime. Moreover, findings suggest that environmental reputation of companies can positively contribute to reducing asymmetric information in eco-innovative investments, relieving thus the financial constraints faced by eco-innovative enterprises.

Hsa_circRNA_102610 upregulation in Crohn’s disease promotes transforming growth factor-β1-induced epithelial-mesenchymal transition via sponging of hsa-miR-130a-3p

BACKGROUND The incidence of inflammatory bowel disease,a chronic intestinal inflammatory disorder that includes Crohn’s disease(CD)and ulcerative colitis,is rising.Circular RNAs are considered valuable diagnostic biomarkers for CD.Current evidence supports the views that epithelial-mesenchymal transition(EMT)plays an important role in CD pathogenesis,and that hsa-miR-130a-3p can inhibit transforming growth factor-β1(TGF-β1)-induced EMT.Our previous study revealed that hsa_circRNA_102610 was upregulated in CD patients.Moreover,we predicted an interaction between hsa_circRNA_102610 and hsa-miR-130a-3p.Thus,we hypothesized that hsa_circRNA_102610 may play roles in the proliferation and EMT of intestinal epithelial cells by sponging hsa-miR-130a-3p to participate in the pathogenesis of CD.AIM To explore the mechanism of hsa_circRNA_102610 in the pathogenesis of CD.METHODS The relative expression levels of hsa_circRNA_102610 and hsa-miR-130a-3p in patients were detected by quantitative reverse transcription-polymerase chain reaction.The proliferation of human intestinal epithelial cells(HIECs)and normal-derived colon mucosa cell line 460(NCM460)cells was detected by cell counting kit-8,5-ethynyl-2’-deoxyuridine staining and cell cycle assays following overexpression or downregulation of hsa_circRNA_102610.Cell proliferation assays were performed as described above in a rescue experiment with hsa-miR-130a-3p mimics.The interaction of hsa_circRNA_102610 and hsa-miR-130a-3p was verified by fluorescence in situ hybridization and dual luciferase reporter assays.The relative expression levels of CyclinD1,mothers against decapentaplegic homolog 4(SMAD4),E-cadherin,N-cadherin and Vimentin were detected by western blotting following hsa_circRNA_102610 overexpression,TGF-β1-induced EMT or hsa-miR-130a-3p mimic transfection(in rescue experiments).RESULTS Upregulation of hsa_circRNA_102610 was determined to be positively correlated with elevated fecal calprotectin levels in CD(r=0.359,P=0.007)by Pearson correlation analysis.Hsa_circRNA_102610 promoted the proliferation of HIECs and NCM460 cells,while hsa-miR-130a-3p reversed the cell proliferationpromoting effects of hsa_circRNA_102610.Fluorescence in situ hybridization and dual luciferase reporter assays showed that hsa_circRNA_102610 directly bound hsa-miR-130a-3p in NCM460 and 293T cells.An inverse correlation between downregulation of hsa-miR-130a-3p and upregulation of hsa_circRNA_102610 in CD patients was observed(r=-0.290,P=0.024)by Pearson correlation analysis.Moreover,overexpression of hsa_circRNA_102610 promoted SMAD4 and CyclinD1 protein expression validated by western-blotting.Furthermore,overexpression of hsa_circRNA_102610 promoted TGF-β1 induced EMT in HIECs and NCM460 cells via targeting of hsa-miR-130a-3p,with increased expression of Vimentin and N-cadherin and decreased expression of E-cadherin.CONCLUSION Hsa_circRNA_102610 upregulation in CD patients could promote the proliferation and EMT of intestinal epithelial cells via sponging of hsa-miR-130a-3p.

基于TS-DBN的地铁牵引系统可靠性分析

论文提出一种结合连续时间T-S动态故障树和贝叶斯网络(TS-DBN)的可靠性评估方法来模拟实际运营过程中牵引系统的动静态失效行为。首先,构建基于牵引系统单元结构的故障树模型;然后,通过应用T-S动态门的时序规则,给出T-S门的逻辑定义,进而计算子节点后验概率及重要度参数;将敏感节点进行排序,建立系统连续时间状态下的稳定度函数数学模型。该方法能够直观地反映牵引系统结构单元的敏感薄弱环节,可以为后续维修策略优化提供理论参考。

Brownian Motion of Decaying Particles: Transition Probability, Computer Simulation, and First-Passage Times

Recent developments in the measurement of radioactive gases in passive diffusion motivate the analysis of Brownian motion of decaying particles, a subject that has received little previous attention. This paper reports the derivation and solution of equations comparable to the Fokker-Planck and Langevin equations for one-dimensional diffusion and decay of unstable particles. In marked contrast to the case of stable particles, the two equations are not equivalent, but provide different information regarding the same stochastic process. The differences arise because Brownian motion with particle decay is not a continuous process. The discontinuity is readily apparent in the computer-simulated trajectories of the Langevin equation that incorporate both a Wiener process for displacement fluctuations and a Bernoulli process for random decay. This paper also reports the derivation of the mean time of first passage of the decaying particle to absorbing boundaries. Here, too, particle decay can lead to an outcome markedly different from that for stable particles. In particular, the first-passage time of the decaying particle is always finite, whereas the time for a stable particle to reach a single absorbing boundary is theoretically infinite due to the heavy tail of the inverse Gaussian density. The methodology developed in this paper should prove useful in the investigation of radioactive gases, aerosols of radioactive atoms, dust particles to which adhere radioactive ions, as well as diffusing gases and liquids of unstable molecules.

Effect of Magnesium on the C-S-H Nanostructure Evolution and Aluminate Phases Transition in Cement-Slag Blend

The microstructural study was conducted on cement and cement-slag pastes immersed in different concentrations of Mg（NO3）2 solutions utilizing ^29Si, ^27Al NMR spectroscopy and XRD techniques. The results show that the hydration of both the cement and cement-slag pastes is delayed when the pastes are cured in Mg（NO3）2 solutions as compared to the pastes cured in water. Moreover, Mg^2＋ ions also exhibit an decalcifying and dealuminizing effect on the C-A-S-H in cement and cement-slag pastes, and thereby decrease Ca/Si and Al[4]/Si ratios of the C-A-S-H. The dealuminization of C-A-S-H is mitigated for cement-slag paste as compared to pure cement paste. The depolymerized calcium and aluminum ions from C-A-S-H gel mainly enter the pore solution to maintain the pH value and form Al^[6] in TAH, respectively. On the other hand, Mg^2＋ ions exert an impact on the intra-transition between Al^[6] species, from AFm and hydrogarnet to hydrotalcite-like phase. NO3^-ions are interstratified in the layered Mg-Al structure and formed nitrated hydrotalcite-like phase（Mg1-xAlx（OH）2（NO3）x·nH2O）. Results from both ^27Al NMR and XRD data show that ettringite seems not to react with Mg^2＋ ions.

WTO’S understanding on commitments in financial services

Participants in the Uruguay Hound have been enabled to take on specific commitments with respect to financial services under the General Agreement on Trade in Services (hereinafter referred to as the "Agreement") on the basis of an alternative approach to that covered by the provisions of Part Ⅲ of the Agreement. It was agreed that this approach could be applied subject to the following understanding: (i) it does not conflict with the provisions of the Agreement; (ii) it does not prejudice the right of ...

No basalt accumulation and segregation atop the 660-km discontinuity beneath the Sea of Okhotsk

Recent seismic evidence shows that basalt accumulation is widespread in the mantle transition zone(MTZ),yet its ubiquity or sporadic nature remains uncertain.To investigate this phenomenon further,we characterized the velocity structure across the 660-km discontinuity that separates the upper mantle from the lower mantle beneath the Sea of Okhotsk by modeling the waveform of the S660P phase,a downgoing S wave converting into a P wave at the 660-km interface.These waves were excited by two regional>410-km-deep events and were recorded by stations in central Asia.Our findings showed no need to introduce velocity anomalies at the base of the MTZ to explain the S660P waveforms because the IASP91 model adequately reproduced the waveforms.This finding indicates that the basalt accumulation has not affected the bottom of the MTZ in the study area.Instead,this discontinuity is primarily controlled by temperature or water content variations,or both.Thus,we argue that the basalt accumulation at the base of the MTZ is sporadic,not ubiquitous,reflecting its heterogeneous distribution.

Microscopic growth mechanism and edge states of monolayer 1T'-MoTe_(2)

Transition metal ditellurides(TMTDs)have versatile physical properties,including non-trivial topology,Weyl semimetal states and unique spin texture.Controlled growth of high-quality and large-scale monolayer TMTDs with preferred crystal phases is crucial for their applications.Here,we demonstrate the epitaxial growth of 1T'-MoTe_(2) on Au(111)and graphitized silicon carbide(Gr/SiC)by molecular beam epitaxy(MBE).We investigate the morphology of the grown1T'-MoTe_(2) at the atomic level by scanning tunnelling microscopy(STM)and reveal the corresponding microscopic growth mechanism.It is found that the unique ordered Te structures preferentially deposited on Au(111)regulate the growth of monolayer single crystal 1T'-MoTe_(2),while the Mo clusters were preferentially deposited on the Gr/SiC substrate,which impedes the ordered growth of monolayer MoTe_(2).We confirm that the size of single crystal 1T'-MoTe_(2) grown on Au(111)is nearly two orders of magnitude larger than that on Gr/SiC.By scanning tunnelling spectroscopy(STS),we observe that the STS spectrum of the monolayer 1T'-MoTe_(2) nano-island at the edge is different from that at the interior,which exhibits enhanced conductivity.