Do the government subsidies inhibit the entity over-financialization? Fresh evidence from China

In order to verify effect of the industrial policies on solving the problem of market failure, we collect the data from China A-share listed companies among 2008-2019, and analyze the effect of government subsidies on the entity over-financialization. The results show that government subsidies significantly inhibit the entity over-financialization. Because the government subsidies could increase the performance of enterprise’s main business and level of the enterprise’s profitability. Subsequently, the enterprise’s arbitrage from cross-industries and the managers’ composition could be decreased. Consequently, government subsidies could reduce the entity over-financialization by the reduce of enterprise’s arbitrage from multi-industries and increase of the managers’ composition which is related to the enterprise’s performance. The results also indicate that the entity financialization is mainly motivated by enterprise arbitrage rather than ‘preventive reserve’ in China. Moreover, the inhibitory effect of government subsidies on the entity over-financialization is only significant in the enterprises with non-state-owned, high-tech, and higher level of demand of innovation. Thus, the government should accurately implement subsidy policies for the enterprises and increase the supports for enterprises with high-tech and higher level of demand of innovation, which could promote economy high-quality development

Developing and Validating a Scale of Tourism Gentrification in Rural Areas

In recent years, tourism gentrification has made great progress in rural areas and has had significant impacts on these areas\u27 development, specifically in the domains of the economy, living standards, community, culture, and environment. Tourists play a key role in developing tourism gentrification in rural areas, but research investigating tourism gentrification in rural areas from the tourist perspective is scarce. To fill this gap, we focus on tourism gentrification and develop a measurement scale from the tourist perspective through multiple qualitative and quantitative steps. Our findings confirm that tourism gentrification in rural areas from the tourist perspective comprises eight dimensions: economic growth, enhanced environment, enhanced living standards, individual civilization, improved communication, promoted social environment, cultural appreciation, and improved individual quality. Through development and validation of the scale, we hope to offer a comprehensive referencing index of tourism gentrification in rural areas to policy makers and rural tourism practitioners

FgPrp4 Kinase Is Important for Spliceosome B-Complex Activation and Splicing Efficiency in Fusarium graminearum

PRP4 encodes the only kinase among the spliceosome components. Although it is an essential gene in the fission yeast and other eukaryotic organisms, the Fgprp4 mutant was viable in the wheat scab fungus Fusarium graminearum. Deletion of FgPRP4 did not block intron splicing but affected intron splicing efficiency in over 60% of the F. graminearum genes. The Fgprp4 mutant had severe growth defects and produced spontaneous suppressors that were recovered in growth rate. Suppressor mutations were identified in the PRP6, PRP31, BRR2, and PRP8 orthologs in nine suppressor strains by sequencing analysis with candidate tri-snRNP component genes. The Q86K mutation in FgMSL1 was identified by whole genome sequencing in suppressor mutant S3. Whereas two of the suppressor mutations in FgBrr2 and FgPrp8 were similar to those characterized in their orthologs in yeasts, suppressor mutations in Prp6 and Prp31 orthologs or FgMSL1 have not been reported. Interestingly, four and two suppressor mutations identified in FgPrp6 and FgPrp31, respectively, all are near the conserved Prp4-phosphorylation sites, suggesting that these mutations may have similar effects with phosphorylation by Prp4 kinase. In FgPrp31, the non-sense mutation at R464 resulted in the truncation of the C-terminal 130 aa region that contains all the conserved Prp4-phosphorylation sites. Deletion analysis showed that the N-terminal 310-aa rich in SR residues plays a critical role in the localization and functions of FgPrp4. We also conducted phosphoproteomics analysis with FgPrp4 and identified S289 as the phosphorylation site that is essential for its functions. These results indicated that FgPrp4 is critical for splicing efficiency but not essential for intron splicing, and FgPrp4 may regulate pre-mRNA splicing by phosphorylation of other components of the tri-snRNP although itself may be activated by phosphorylation at S289

Factors Influencing Chinese Male\u27s Willingness to Undergo Circumcision: A Cross-Sectional Study in Western China

Background Male circumcision (MC) has been shown to reduce the risk of female to male transmission of HIV. The goal of this survey was to explore the acceptability of MC among the Chinese and to identify factors associated with circumcision preference. Methods A cross-sectional survey was conducted between September 2009 and December 2010. We interviewed 2,219 male community participants, from three high HIV prevalence provinces in western China. A structured questionnaire was used to collect data on MC knowledge, willingness to accept MC, reasons to accept or refuse MC, and sexual behaviors and health. For those who refused MC, a health education intervention providing information on the benefits of circumcision was conducted. We used multiple logistic regression models to identify factors associated with the acceptability of MC. Results Of the respondents (n = 2,219), 44.6% (989/2,219) reported they would accept MC for the following reasons: promotion of female partners\u27 hygiene (60.3%), redundant foreskin (59.4%), prevention of penile cancer (50.2%), enhanced sexual pleasure (41.4%), and protection against HIV and STDs (34.2%). The multivariable logistic regression showed that five factors were associated with MC willingness: long foreskin (OR = 15.98), residing in Xinjiang province (OR = 3.69), being younger than 25 (OR = 1.60), knowing hazards of redundant foreskin (OR = 1.78), and having a friend who underwent circumcision (OR = 1.36). Conclusion The acceptability of male circumcision was high among the general population in China. Our study elucidates the factors associated with circumcision preference and suggests that more health education campaigns about positive health effects are necessary to increase the MC rate in China

Intrinsic Electronic Structure and Nodeless Superconducting Gap of YBa2Cu3O7−δ\mathrm{YBa_{2} Cu_{3} O_{7-\delta} } Observed by Spatially-Resolved Laser-Based Angle Resolved Photoemission Spectroscopy

The spatially-resolved laser-based high resolution ARPES measurements have been performed on the optimally-doped $\mathrm{YBa_{2} Cu_{3} O_{7-\delta} }$ (Y123) superconductor. For the first time, we found the region from the cleaved surface that reveals clear bulk electronic properties. The intrinsic Fermi surface and band structures of Y123 are observed. The Fermi surface-dependent and momentum-dependent superconducting gap is determined which is nodeless and consistent with the d+is gap form

A comparative study of Mn/Co binary metal catalysts supported on two commercial diatomaceous earths for oxidation of benzene

Two commercial diatomaceous earths were used as supports for the preparation of Mn/Cobinary metal catalysts at different metal loads (5 to 10 wt % Mn and 5 to 15 wt % Co) by incipientwetness deposition. The activity of the prepared catalysts towards the complete oxidation of benzeneto CO2and water was investigated between 100 and 400◦C. Raw supports and synthesized catalystswere characterized by XRD, N2physisorption, SEM-EDS, H2-TPR, and TPD. The purificationtreatment of food-grade diatomite significantly affected the crystallinity of this support whilereducing its specific surface area (SSA). A loss of SSA, associated with the increase in the metalload, was observed on samples prepared on natural diatomite, while the opposite trend occurredwith food-grade diatomite-supported catalysts. Metal nanoparticles of around 50 nm diameter wereobserved on the catalysts’ surface by SEM analysis. EDS analysis confirmed the uniform depositionof the active phases on the support’s surface. A larger H2consumption was found by TPR analysisof natural diatomite-based samples in comparison to those prepared at the same metal load onfood-grade diatomite. During the catalytic oxidation experiment, over 90% conversion of benzenewere achieved at a reaction temperature of 225◦C by all of the prepared samples. In addition, theformation of coke during the oxidation tests was demonstrated by TGA analysis and the solublefraction of the produced coke was characterized by GC-MS