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One ticket is hard to find! The search volume has soared by a hundredfold! Waist flag football has become the new favorite of young people! Where’s the fun？

After camping, frisbee and other outdoor sports lead the trend, a sport called waist flag rugby has recently become popular in many cities across the country. Not only is it hard to find a venue ticket, but some schools have also included it in the physical education curriculum.
The flag football has caught fire in some schools and included it in the physical education curriculum.

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Different from the traditional rugby rules, waist flag rugby is not allowed to hug and push people. The defender needs to pull out the waist flag of the attacker who holds the ball, while the attacker needs to take the ball to the touchdown for a limited number of times. A coach told reporters that compared with the intense physical contact of traditional football, waist flag football is more gentle and more interesting.
The person in charge of the club said that the sport quickly became popular among young people aged 20 -40 this year because of its relatively simple entry.
Easy entry and high interactivity may be the reasons for the popularity of this sport. The reporter observed that in addition to the coaches and team members, the scene was also equipped with special photographers, who were responsible for capturing everyone’s sports moments and sharing them for the first time. On a social platform, searching for flag football shows that there are more than 10,000 shared notes.
Wang Zhuma, head of trend sports in a social platform sports group:In March this year, the data ushered in an explosive growth, and by May this year, the release volume increased by 2.7 times compared with that in March, and the search volume about flag football reached a very exaggerated growth of several hundred times.
It is hard to get a ticket at night, and rugby is gradually industrialized.

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In just a few months, flag football has attracted the attention of many young people. What is the cost of participating in this sport and what are the requirements for the venue?
The person in charge of the operation of a stadium in Baoan District of Shenzhen told the reporter that every weekend is the most full time here. This year, in addition to daily training, their football field has many more players playing flag football and Frisbee, and the venue reservation will be robbed as soon as it goes online.
Wang Chao, general manager of a sports culture development company in Shenzhen:On the platform, a new day’s venue is launched three days in advance. Basically, the new day’s venue is released. Within 5 minutes at 0: 00 in the morning, the venue will be robbed by everyone. From Monday to Sunday, prime-time performances are basically fully booked.
Wang Chao’s prime time refers to two performances at 6:30-8:30 and 8:30-10:30 in the evening. At present, even the night show, which doesn’t end until 10: 30 in the evening, is still hard to get a ticket.
From the perspective of organization and operation, participating in flag football includes venue fees and coach fees, most of which are within 100 yuan per person.
In addition to attracting office workers, the flag football is also entering the campus. In April this year, the Beijing Primary and Secondary School Sports Association issued the Notice of the 2022 Beijing Primary and Secondary School Flag Football Competition to promote the comprehensive promotion and development of this sport. According to industry insiders, there will be more and more professional teams and professional events around the flag football in the future.
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(Editor Sun Yonghui)
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Financial support for science and technology, the real economy, just give money？ It’s not that simple.

On September 22nd, at the 5th Bund Financial Summit in 2023, discussions on how finance can support science and technology innovation and support the real economy kept coming.

Experts pointed out that the biggest problem for scientific and technological innovation is how to deal with the risks and uncertainties faced by innovation and how to cross the "valley of death"; Risk pricing and risk allocation are the most basic and important functions for the financial system. It is these that make finance and technological innovation have a natural connection, and also provide a perfect reason for finance to support technological innovation.

However, "the lack of risk identification ability, the dysfunction of risk pricing and risk allocation are precisely the Achilles heel of China’s financial system, which has also become the fundamental reason for the lack of financial support for scientific and technological innovation." Zhang Xiaojing, director of the Institute of Finance of China Academy of Social Sciences and director of the National Finance and Development Laboratory, said that the "structural advantages" of state-owned enterprises, the development responsibility and soft budget constraints of local governments, the institutional preference of financial institutions and the central government’s last resort have led to the irrationality of risk pricing and allocation of financial resources. However, he also stressed that the government should not play a role in supporting innovation and economic and social development, but "on the premise that the market plays a decisive role".

In addition to the weakness of the financial market, "ideological enlightenment" is also a key word. "Financial support for science and technology innovation needs an’ ideological enlightenment’." Traditional thinking is that "present" is the cumulative result of all "past"; What financial thinking values is the capitalization of "present" and "future". The value of capital depends on the expectation of the future, not the past, which is a real revolution and ideological enlightenment in epistemology. It is for this reason that the theoretical basis of financial support for science and technology innovation is that the current financial support for science and technology innovation should depend on the expectation of future scientific and technological innovation achievements.

This requires better tolerance. "Subversive innovation will have its own peers? Will there be a historical reference? None. " Zhang Xiaojing believes that it is necessary to enhance the inclusiveness of science and technology evaluation standards. At the same time, at the micro level, investment failure should be allowed, and state-owned enterprises should establish a fault-tolerant mechanism; To tolerate fluctuations and bubbles at the macro level, keeping the bottom line of risk does not mean zero tolerance for financial risks. The function of finance is realized in fluctuation, just as the function of price mechanism is that price is realized around value fluctuation, which means that supervision should be inclusive.

According to Xu Ming, a professor at the School of International Finance and Law, East China University of Political Science and Law, technology and capital are two wings of the real economy, while technological innovation and capital market innovation are two engines. He believes that capital market innovation can further stimulate the basic functions of the capital market, thus better serving the real economy.

How to innovate capital market? Xu Ming believes that from the perspective of financiers, it is necessary to further expand the proportion of direct financing. At the same time, the registration system should take the road of marketization. The marketization construction of capital market needs to handle "four relations" well.　

The first is the relationship between the government and the market. "This market should be: clear expectations and trust-based. Capital market is expected market, information market and capital market. Among them, expectations and information are prerequisites. Without information and expectations, capital cannot enter the capital market. " In Xu Ming’s view, the marketization of the registration system should first be expected clearly. On the one hand, it is necessary to maintain the scientific, reasonable and normal IPO issuance, on the other hand, it is fair and transparent in information disclosure.

The second is the relationship between the government and enterprises. To give the option to the market, the listing and pricing should be decided by the market.

The third is the relationship between the government and investors. In the process of IPO, information disclosure should be oriented to the needs of investors.

In addition, the relationship between the government and the intermediary agencies is to clarify the responsibilities and return to their duties. "The government can’t make decisions instead of intermediaries. The responsibility of the intermediary itself is fidelity. "

Editor-in-Chief: Zaifei

Author: Liu Huiyu

Source of the title map: upper view of the title map

Photo editor: Shao Jing