How to get to Zhumadian new exhibition center

1.

bus line: Line 4, the whole journey is about 1.6km

1. Walk about 420m from Shenzhen to the citizen center station

2. Take line 4, pass 1 stop, and reach the exhibition center station

3. Walk about 380m to Shenzhen Exhibition Center

3. After three iterations and four evolutions, it has won the champion of segment market sales for many times. In just three years, it has become the first small pure tram with proction and sales exceeding 150000. My best friend and I are ready to buy it.

4. It's very good. What I bought is the 150000 ant powder. It came into the market on September 30. It has many convenient intelligent driving functions, such as automatic parking, remote control parking and so on. It can realize the functions of forward, backward, direction, position correction and so on, which are completely automatically completed by the vehicle. It can realize the liberation of both hands and the freedom of both feet. Active identification of parking spaces and automatic parking, I like it very much.

5. Some services need to be paid in the registration account column of the software login

6. I've heard that the team is quite powerful, and I'm very optimistic about them in the field of blockchain identity authentication! Iface (love chain), the name is very nice
to add: this project has seen the information of golden finance today, and it can be traded on biki exchange in early May

7. It seems that you really like this girl, but I don't know if she likes you. If she has a good impression on you, it's much easier for you to chase her
it's not easy to meet a person you really like in the vast crowd. First of all, you need to leave a good impression on the girl. Then you can find a topic that the girl likes to chat with her. You can also ask the girl to have dinner at the weekend. You can also understand the girl's interests and hobbies ring the dinner chat. As time goes on, the relationship between you will be deeper and deeper
use your wisdom to conquer the people you like! Cherish her well! Because she is your favorite! Don't leave regrets in your life
look forward to your adoption! thank you!

8. 1、 Virtual Economy:
1. Concept: Virtual Economy: (reactive economy) is relative to the real economy, and is the inevitable proct of economic Virtualization (called "financial deepening" in the West). The essence of economy is a set of value system, including material price system and asset price system. Different from the material price system which is supported by cost and technology, the asset price system is a set of specific price system based on capitalization pricing, which is also called virtual economy. Due to capitalization pricing, people's psychological factors will have an important impact on the virtual economy; That is to say, virtual economy has inherent volatility in operation. In a broad sense, virtual economy includes sports economy, gambling instry, collection instry and so on, in addition to the financial instry and real estate instry, which are mainly studied at present
2. Characteristics
virtual economy is the proct of highly developed market economy, and its ultimate goal is to serve the real economy. With the rapid development of virtual economy, its scale has exceeded that of real economy and become a relatively independent economic category
compared with the real economy, the virtual economy has obviously different characteristics. To sum up, it is mainly manifested in four aspects: high liquidity, instability, high risk and high speculation
the realization of real economic activities needs a certain amount of time and space. Even in today's highly developed information technology, it takes a certain amount of time from proction to demand. But virtual economy is the holding and trading of virtual capital, just the transfer of value symbol. Compared with the real economy, its liquidity is very high. With the rapid development of information technology, stocks, securities and other virtual capital paperless, electronic, the transaction process is completed in an instant. It is the high mobility of the virtual economy. It improves the efficiency of social resource allocation and redistribution and makes it an indispensable part of modern market economy
two, bubble economy:
1, concept: Bubble Economy: refers to the macroeconomic state that assets value surpasses the real economy and is easy to lose the ability of sustainable development. The bubble economy is often supported by a lot of speculation, and the essence is greed. Because of the lack of support from the real economy, its assets, like bubbles, tend to break down easily, so economics is called "bubble economy". When the bubble economy develops to a certain extent, it often leads to the rapid decline of asset value e to the speculation or speculation of speculation, which is called bubble burst in economics. Br />2, the reasons for formation:
(1) the macro environment is loose, there are hype sources of funds
bubble economy occurs in the state loosely released to banks, and the speed of economic development is relatively fast. On the surface of social economy, there is a boom, which provides a source of capital for the bubble economy. Commodity economy has the characteristics of cyclical growth. Every time after a round of economic depression, in order to start economic growth, the government often reces interest, relaxes monetary policy and stimulates investment and consumption demand. Some enterprises and indivials with capital in their hands first think of investing these resources in potential resources, which is the social foundation for the growth of the bubble economy.
(2) the lack of a binding mechanism for the formation and development of the bubble economy.
judging from the development process of the previous bubble economy, so far, the society lacks an effective constraint mechanism for the formation and development of the bubble economy. The key to the formation and development of the bubble economy is to supervise and control various speculative activities that promote the growth of the economic bubble, but so far, the society lacks the means of monitoring. This kind of speculation takes place between the parties involved in the speculation. It is a two-way transaction, and no intermediary agency can monitor it. As the most critical step in the process of speculation - payment activities, there is no monitoring mechanism. Although payment for goods is usually carried out through the bank, the bank is only a collection and payment intermediary. It pays according to the customer's instructions and has no control over the content of payment. In addition, e to the dispersion of the bank, it can not monitor speculative activities. The government is external and cannot be involved in the transaction activities between enterprises. Moreover, the government is often easily confused by the illusion of economic prosperity formed by speculative exchanges, and is not aware of the hidden speculative activities until the problems accumulate to a certain extent< In the credit currency system, the amount of money in circulation exceeds the actual needs of the economy, resulting in currency devaluation and a comprehensive and sustained rise in the price level, Thus, the purchasing power of money continues to decline< (1) low inflation is characterized by slow and predictable price rise. It can be defined as one digit annual inflation rate. At this time, prices are relatively stable, and people trust money
(2) sharp inflation
when the total price level (a standard of price level) rises at a 2-digit or 3-digit rate of 20%, 100% or even 200% per year, this kind of inflation occurs. Once this inflation situation is formed and stabilized, there will be serious economic distortions
(3) hyperinflation
the most vicious inflation is that money has almost no fixed value and prices are increasing all the time. Its disastrous impact makes the market economy useless< (2) classified by the causes of inflation
(1) demand pull-up inflation (the type of inflation that leads to insufficient supply of goods and services and rising prices e to the excessive growth of social aggregate demand, which is characterized by spontaneity, incement and inflation (2) cost driven inflation, also known as cost inflation or supply inflation, refers to the sustained and significant rise of general price level caused by the increase of supply side cost without excess demand
(3) imported inflation
imported inflation refers to the continuous rise of domestic prices (caused by exchange rate) e to the rise of foreign commodity or proction factor prices
(4) structural inflation
structural inflation refers to the phenomenon that the price rise of some procts is caused by excessive demand for procts in some sectors when the total demand is not enough.

9. A review of the effects of China's monetary and fiscal policies in the past seven years www.cnfol.com At the central economic work conference held at the end of last year, the central government decided to transform China's active fiscal policy, which has been implemented for nearly seven years, into a prudent fiscal policy, As a result, the macro policy has changed from "one positive, one steady" to "two steady". This is another major measure after the central bank's decision to raise interest rates on October 29 last year to deal with China's local overheating economy. If the interest rate increase is a temporary first aid measure, then the change of fiscal policy is strategic. It is necessary to discuss the specific effects of the implementation of macro policies in the past seven years, which can provide reference for our future policy-making and system reform< By the end of 1996, China's deflation policy had successfully brought down the high inflation at that time and realized the "soft landing" of the economy. With the impact of the East Asian financial crisis in 1997, China's economy as a whole was in a state of deflation, In 1998, the Chinese government resolutely decided to launch an active fiscal policy for the first time since the founding of the people's Republic of China, accompanied by a prudent monetary policy. Up to the adjustment of the fiscal policy, this overall positive macro policy has lasted for nearly seven years, and the macro policy that can last for such a long time is rare in the world< On the one hand, a large number of projects invested in long-term construction bonds issued every year directly increase the investment in fixed assets and stimulate economic growth. During the implementation of the positive fiscal policy, the central government issued 100-150 billion yuan of long-term construction treasury bonds every year. From 1998 to July 2004, only 910 billion yuan was issued. But this kind of financial capital expenditure plays a more important role. In China, government funds have a guiding effect. For example, banks compete for loans for the last project of the government. The investment scale formed by "government investment and bank follow-up" is quite amazing

from the perspective of economic theory, although fiscal policy can directly stimulate investment, its effect is often discounted because of certain "crowding out effect". It should be pointed out here that e to specific institutional reasons, China's fiscal policy in this period had almost no "crowding out effect"< (2) the effect of "positive" monetary policy is rather weak

with the start of positive fiscal policy, macro policy is accompanied by steady monetary policy. In the view of relevant departments, the so-called prudent monetary policy is a policy that can prevent both inflation and deflation, that is, a moderate monetary policy. However, in fact, our monetary policy is relatively loose. The main reason is not that we have adopted a prudent monetary policy in name, but that we have violated its original intention in practice, that is, the money supply is still accelerating (the most important manifestation of active monetary policy). On the contrary, ring the implementation of a prudent monetary policy, the broad money supply (M2) has not increased very fast, compared with the previous annual growth rate of more than 20% (or even about 30%), In recent years, the growth rate of M2 has been stable below 15%, which is worthy of the name of "steady"; But in recent years, China's m2 / GDP is growing, especially after 1998, which is roughly estimated to be about 2, which is rare in the world. Moreover, the people's Bank of China has lowered interest rates eight times since 1996, including five times since 1998

therefore, in these sense, our monetary policy is "positive". The role of monetary policy is manifested in two aspects, that is, with the expansion of money supply, the interest rate decreases, so the consumption of residents increases and the investment of enterprises expands. However, from the practical situation in China, the stimulating effect of these two aspects is not obvious. The main reason should be explained from the excess currency, the following only gives a rough overview from two aspects

from the perspective of money demand. According to Keynesian method, money demand can be divided into transaction demand, prevention demand and speculation demand. In an economy, the change of transaction demand will not be great. It is just a little bigger in the boom and a little less in the depression, but it will not be very different; However, in terms of preventive demand and speculative demand (the sum of the two is equal to that of quasi currency), there are often significant changes, which is the case in China

first of all, there is a great demand for money prevention. There has been a lot of discussion about Preventive Savings in the academic circle, that is, the uncertainty faced by Chinese residents in the transition period is greatly increased, such as unemployment, future pension and children's ecation, which requires a lot of spending, resulting in a large amount of savings, the marginal propensity to consume is constantly decreasing, and the increase of consumption promoted by interest rate rection is very limited

secondly, the high speculative demand for money is perhaps the most noteworthy. As we all know, China's stock market has always been characterized by speculative activities. A large number of private money flows into the stock market to participate in virtual economic activities, so the new money moves back and forth between the securities trading margin account and the current deposit account of enterprises and residents. Some scholars estimate that the proportion of funds entering the stock market in 2001 accounted for 26.32% of that year's m2. It can be seen that the absorption of money by the virtual economy is very amazing. However, because most of the capital is more important than speculation rather than long-term investment, the role of this part of capital entering the stock market for substantial proction is also very limited. Moreover, not only many residents with savings deposits participate in speculation, but also many enterprises themselves invest a lot of proctive capital in the stock market. We know that moderate speculation can activate the stock market, which is concive to the development of the real economy, but excessive speculation can only be a zero sum game, or even a negative sum game. It is just a game of redistributing wealth among speculators, which will not directly promote material proction, There could also be a lot of negative effects

from the perspective of credit, credit policy has always been tightening. The Asian financial crisis has given enough warning to the Chinese government, so the central bank suddenly tightened the credit supervision of commercial banks and implemented the loan responsibility system. Since then, there has been a credit crunch in China. Since 1995, the "deposit gap" in the financial system has further expanded, reaching 4905.9 billion yuan in 2003. Although the credit structure of state-owned banks has changed with the process of marketization, it is not substantial. It's just that we will no longer give loans to inferior state-owned enterprises, but the funds of large and medium-sized state-owned enterprises with good quality are still very rich, and the loans of a large number of small and medium-sized private enterprises are still difficult. As the capital of large and medium-sized state-owned enterprises has always been abundant, the interest rate cut will not stimulate their loan demand too much, so the stimulating effect of interest rate cut on investment is not obvious under this specific system

from the above two aspects, we can see that, on the one hand, the demand for money of economic entities has been high, on the other hand, bank credit has shrunk, so that a large amount of money deposited in banks can not be converted into investment, that is, there are serious problems in the transmission mechanism of our monetary policy, and ultimately the effect of "positive" monetary policy is greatly reced, On the surface, China has almost fallen into the liquidity trap. At this time, looking back at the "crowding out effect" of fiscal policy, it is very obvious. Since a large amount of funds can not be transformed into effective investment in the banking system, the issuance of additional treasury bonds has become a way to convert these funds into a part of the actual total demand through the purchase of treasury bonds. The bank supporting loans for treasury bond investment projects and other social funds also have the same nature, so there is basically no "crowding out effect". But it must be pointed out that this small "crowding out effect" is the result of distortion under the specific system of our country

to sum up, in the past seven years, our active fiscal policy has indeed played an extremely "positive" role, which is of great significance to ensure the economic growth in a specific period; At the same time, although the "positive" monetary policy is not satisfactory and the effect is very weak after the event, the "positive" monetary policy undoubtedly provides an extremely loose monetary environment for the positive fiscal policy to play an effective role, which is also a necessary condition for the positive fiscal policy to play a role under the specific state-owned enterprise system and banking system in China. Therefore, it is undoubtedly wise for the central government to change the active fiscal policy to a steady one, because the effect of the past fiscal policy is obvious, and fading out is also concive to effectively curb the current local economic overheating. Moreover, because our country's interest rate is not yet fully market-oriented, the central bank's role in using monetary policy in macro-control will still be very limited. Therefore, fiscal policy can not fade out immediately, otherwise, the economy will probably lead to recession and fall back into deflation. And this is probably the real reason for the adjustment to be "steady" rather than "tight". From this point of view, it is just right to change from "positive" to "steady". However, the problems of China's economy are largely long-term. Even if we can control the short-term economic fluctuations, the economic growth mode under this specific system can't help worrying people

problems: the economic growth model is still not healthy enough

from the previous detailed analysis, we can clearly feel the problems of China's economic growth model, that is, it is still a "government led" economy, and administrative intervention has increased instead of decreasing, Only seven years of active macro policy can maintain the economic growth (in fact, it is stable and declining), which determines that its growth mode is not healthy enough

just as some scholars have pointed out, our economy has changed from resource constrained to demand constrained since 1997, but we must see that this progress is still quite limited, because demand constraints are not market-oriented constraints, especially in terms of investment demand, which is mainly caused by the credit crunch ordered by the government. And the consumption demand constraint is formed under the investment demand constraint, especially the consumption demand of urban residents. As we all know, after the mid-1990s, China's economy bid farewell to the shortage. Urban residents' consumption of basic consumer goods and rable goods, such as color TV sets, refrigerators and washing machines, has been basically saturated, and they began to turn to the demand for high-end consumer goods, such as cars and housing. However, these procts are just the ones with insufficient market supply, especially the lack of personalization, The shortage of supply is directly related to the credit tightening policy. At the same time, e to SARS in 2003, the credit policy suddenly became loose, which immediately triggered an investment boom in steel, electricity, cement and other raw materials instries and real estate instry, directly leading to local overheating of the economy. But this is not a fever without any reason, but a concentrated release after years of repression, which is the inevitable result of strong consumer demand as a driving force

on the other hand, e to the active fiscal policy, a large number of national debt projects are launched, and the bank's supporting loans are large