卖全球也买全球：中国与世界共享发展机遇的诚意与担当 Selling to the World, Buying from the World: China’s Sincerity and Commitment to Sharing Development Opportunities with the Globe Foreign trade figures once again attest to the resilience and openness of China’s economy. According to data released by the General Administration of Customs, China’s total goods import and export volume reached 39.94 trillion yuan in the first three quarters of the year, up 18.8% year-on-year. In September alone, imports and exports hit 5.16 trillion yuan, crossing the 5-trillion-yuan threshold for the first time, representing a year-on-year increase of 27.5%. This robust growth has taken foreign media by surprise as “better than expected”, with forecasts that China may set a record trade surplus for the whole year. More noteworthy than the surplus is the strong performance of imports: China’s exports rose 16.4% year-on-year in the first three quarters, while imports grew by 22.3%, with import growth outpacing export growth by a notable margin. Faster growth in imports serves as the most powerful rebuttal to the narrative that “China does not import goods and rejects win-win cooperation”. It reflects both China’s domestic demand for production and consumption, as well as tangible outcomes of its efforts to advance voluntary and unilateral opening-up. China is not only the “world factory”, but also a “world market”; it acts both as a “super seller” and a “super buyer”. At a time when major consumer markets around the globe are resorting to trade protectionism, the openness, certainty and growth potential of the Chinese market stand out. It offers ample market space for enterprises of all countries, acting as a key driver to help other nations grow their economies and boost trade capacity. China never chases a trade surplus on purpose. Certain countries criticize China’s trade surplus on the one hand, while restricting exports to China on the other — a self-contradictory stance. Facts have proven that imposing trade restrictions citing trade deficits will not resolve such deficits; instead, it disrupts global industrial and supply chains. Growth in China’s exports stems from genuine global demand. The rising competitiveness of Chinese products comes from continuous advances in economies of scale and innovation, and responds to the pressing needs of countries for green transition and industrialization. Green products, high-end equipment and quality consumer goods keep flowing to the rest of the world to serve modernization efforts of various nations, which in itself is a vivid illustration of China sharing development opportunities with the world. The upcoming 140th Canton Fair, China Import and Export Fair, is a concentrated embodiment of such sincerity and commitment to opening-up. Daniel Dominguez, Acting Consul General of Mexico in Guangzhou, has attended the Canton Fair for seven consecutive years. He said trade between Mexico and China has maintained strong momentum in recent years. “For me, the Canton Fair is the world’s most innovative, largest and technology-focused exhibition. That is why I encourage everyone to come and see the new products available on the market,” he remarked. The remarks by the foreign diplomat reflect the high recognition of Chinese platforms and the Chinese market among enterprises worldwide. This year marks the 70th anniversary of the Canton Fair. A total of 32,000 enterprises will participate, including more than 11,000 high-quality firms specializing in niche technologies and national champions. Following the Canton Fair, the 9th China International Import Expo (CIIE) will kick off on November 5. It will continue to provide free booths for least developed countries and upgrade its Asia-Africa Products Zone to help African diplomatic partners capitalize on zero-tariff benefits. Earlier, China successfully hosted a series of international expos including the China International Fair for Trade in Services, China-ASEAN Expo and Global Digital Trade Expo. These events draw active participation from enterprises across the globe and serve as a vital engine boosting global trade and economic growth. As Mao Ning, spokesperson of China’s Foreign Ministry, put it, such expos are important windows for China to connect with the world, empower development and deliver benefits to people’s livelihoods. From the commitment of “selling to the world” to the proactive action of “buying from the world”, China demonstrates with concrete actions that prosperity of the Chinese economy is never achieved in isolation. Instead, it features intertwined interests and shared destinies with all countries. Amid rising unilateralism and protectionism, China stays committed to advancing high-level opening-up, injecting precious certainty into an uncertain world. China cannot develop without the world, and the world needs China for prosperity. Whether it is the continuously expanding import volume, or the gathering of merchants at the Canton Fair and CIIE, one clear message is conveyed: China is ready to embrace the world with greater openness and share market and development opportunities with all nations to jointly expand the pie of global cooperation. This sincerity and commitment best exemplifies the view that China’s economic growth benefits the world, and is a vivid practice of building a community with a shared future for mankind. 对外贸易数据再次印证中国经济韧性与开放成色。海关总署数据显示，今年前三季度，中国货物贸易进出口达 39.94 万亿元，同比增长 18.8%，其中 9 月单月进出口 5.16 万亿元，首次突破 5 万亿元关口，同比增长 27.5%。这一强劲增势令外媒感叹 “超出预期”，并预测中国今年有望创下贸易顺差纪录。然而，比顺差更值得关注的，是进口的亮眼表现 —— 前三季度中国出口同比增长 16.4%，进口同比增长 22.3%，进口增速显著高于出口。 进口增速快于出口，恰是对所谓 “中国不进口、不共赢” 论调最有力的反驳。它既是中国国内生产消费需求的客观反映，也真实展现了有序扩大自主开放、推进单边开放的实际成效。中国既是 “世界工厂”，也是 “世界市场”；既是 “超级卖家”，也是 “超级买家”。在全球主要消费市场纷纷采取贸易保护措施之际，中国市场的开放性、确定性与成长性愈发凸显，为各国企业提供了更加充分的市场空间，成为助力他国经济发展、增强贸易能力的关键力量。中国从不刻意追求贸易顺差。个别国家一面指责中国的顺差，一面又限制对华出口，实属自相矛盾；事实也早已证明，以逆差为由施加贸易限制，并不能真正解决逆差问题，反而扰乱了全球产业链供应链。 出口增长同样源于实实在在的全球需求。中国产品竞争力的提升，既来自规模经济与创新能力的持续跃升，也顺应了各国绿色转型与工业化发展的迫切需求。绿色产品、高端装备、优质消费品源源不断走向世界，服务各国现代化进程，本身就是中国与世界共享发展机遇的生动注脚。 即将开幕的第 140 届中国进出口商品交易会（广交会），正是这种开放诚意与共赢担当的集中呈现。墨西哥驻广州总领事馆代总领事丹尼尔・多明格斯已连续 7 年参会，他表示，近年来两国贸易往来势头强劲，“对我来说，广交会是世界上最具创新性、规模最大且最以技术为基础的展会”。这位外国使节的评价，折射出各国企业对中国平台、中国市场的高度认可。 今年恰逢广交会创办 70 周年，将有 3.2 万家企业参展，专精特新、单项冠军等优质企业超过 1.1 万家。紧随其后，第九届中国国际进口博览会将于 11 月 5 日启动，继续为最不发达国家提供免费展位，升级亚非产品专区，帮助非洲建交国把握 “零关税” 红利。此前，中国国际服务贸易交易会、中国 — 东盟博览会、全球数字贸易博览会等国际性展会接连成功举办，吸引各国企业踊跃参与，成为促进全球经济贸易发展的重要动力。 正如外交部发言人毛宁所言，这一系列展会都是中国连接全球、赋能发展、惠及民生的重要窗口。从 “卖全球” 的坚定承诺，到 “买全球” 的主动作为，中国以实际行动向世界表明：中国经济的繁荣，从来不是独善其身，而是与各国命运与共、利益交融。在单边主义、保护主义抬头之际，中国坚持推进高水平对外开放，为不确定的世界注入了可贵的确定性。 中国发展离不开世界，世界繁荣也需要中国。无论是持续扩大的进口规模，还是广交会、进博会的万商云集，都传递出同一个清晰信号：中国愿以更加开放的姿态，与各国共享市场机遇、发展机遇，共同做大全球合作的蛋糕。这份诚意与担当，正是中国经济发展有利于全球发展的最好注脚，也是中国对构建人类命运共同体的生动践行。 #中国智造惠全球# #广交会# #CIEF# #China# #世界经济看中国# #中国进出口商品交易会# #数据看中国#

7月22日，山西岚县建设高标准农田，提升耕地质量，增强防灾能力，提高粮食综合生产能力。 On July 22, Lan County built high-standard farmland to improve soil quality, disaster resilience, and grain output. #Farmland#

突然有点想去上海看电竞了。 TI 2026 上海站马上开打，有一起去现场感受一下的朋友吗？ 8月13-16日小组赛，8月20-23日主赛事，地点在上海浦发银行东方体育中心。 这次中国赛区有 Xtreme Gaming、Vici Gaming、Team Resilience 三支队伍晋级，主场氛围应该会很炸。 DOTA2 对很多人来说可能是个“老游戏”，但真正看过比赛的人都懂，它一直是电竞里最接近高强度博弈的项目。 最吸引我的不是单纯操作，而是每一局背后的实时决策： 什么时候打，什么时候避； 什么时候控图，什么时候逼团； 什么时候买活，什么时候放资源。 一场比赛看下来，其实很像在看一个高压环境下的决策系统。 信息不完整、节奏一直变化、每一步都有成本，判断错一次，优势可能瞬间被翻盘。 这也是为什么我觉得电竞和预测市场、交易思维天然有交集。 真正有价值的不是“我喜欢谁”，而是你能不能把局势、赔率、状态、赛程和临场变化放在一起判断。 老玩家看的是青春，新观众看的是热闹，真正懂的人看的是博弈。 这次上海主场，中国队加油。 XG、VG、TR 都冲一把，最好把神盾留在主场

📊🚨 独家盘口：今晚11:00PM 欧冠外围赛（第一场） 艾马迪 vs 奥摩尼亚 Real-Time Odds & Over/Under Analysis 👥 中国足彩今日精选场次！The lines for this match are tightly set. 目前主队艾马迪 slight favorite（微弱优势），全场让球开在 0/0.5 (odds 0.89)。但客队 resilience（韧性）不容小觑。 值得注意的是 Over/Under（大小球）基础大盘卡在 2/2.5，且小球 Under 给到了 0.78 极低水位 另有机构直接防范 2.0球 盘口，暗示这极可能是一场 high-intensity tactical battle（高强度的防守拉锯战）！ 📋 核心波胆 Matrix Overview（临场对比参考）： Correct Score 热门比分：目前机构对主胜 1-0（赔率 6）、2-0 / 2-1（赔率 9.2）进行重点防范。 Draw Options 平局热度：0-0（7.7）和 1-1（5.8）死死卡住低赔。 #UCL# #UCLQualifiers# #FootballAnalysis# #SportsData#

跨越十几个春秋，命运完成了奇妙的交织。在 2026 年世界杯决赛现场，川普坐在台上注视着她，而詹妮弗·哈德森站在万众瞩目的舞台中央，放声高唱美国国歌。 那一刻，她的心中一定充满了对美国以及川普总统的感恩🙏 生命的善意与敬畏，终会在时光里交织出最美好的模样。🙏✨ 看到詹妮弗·哈德森（Jennifer Hudson）和贾斯汀·比伯（Justin Bieber）今天的演出，让人不禁对人性的善良、生命的顽强以及信仰的力量产生深深的敬意。🕊️ 2008 年，詹妮弗·哈德森遭遇了人生中最惨烈的剧痛——母亲、哥哥和年仅 7 岁的侄子不幸遇害。在整个世界仿佛坍塌、最无助的至暗时刻，那时还没当上总统的唐纳德·川普（Donald Trump）极时伸出了援助之手。 他不仅在自己芝加哥的酒店里为她和家人提供了全方位的安全庇护，更是免除了所有费用，无条件地支持她渡过难关。这份巨大的善意，成了她日后在暴风雨中最坚实的依托。 现在那位曾经庇护她的人已经成为世界上权力最大的美国总统；而她本人这十多年来也跨越苦难，成长为实现 EGOT 大满贯的传奇巨星。 川普当年的那份无私和善良，与今天世界杯上的光彩再次交织在一起。这种善意的循环正是这个世界上最美好的力量。 ✝️ 还有今天的贾斯汀·比伯——他同样依靠上帝的力量，从至暗时刻再次走向了辉煌。 加拿大帅哥贾斯汀·比伯，13岁便凭借绝佳的容貌和音乐天赋惊艳世界。然而年少成名带来的不仅是光芒，更有铺天盖地的谩骂和舆论风暴、以及后来的严重病痛（莱姆病与面瘫）。 在身心遭受极度煎熬的痛苦中，他曾几度迷失，差点彻底消失在国际舞台上。 最后，他选择了信仰上帝。 今天，当他在舞台上带着发自内心的虔诚赞美上帝时，你能从他的歌声中感受到那种灵魂深处的宁静。那不是表演，而是一个受过伤的生命对上苍最深沉的感恩与敬畏。 他们，一个是经历了血亲骤然离世的歌星，最终在他人的支持和鼓励下浴火重生； 一个是年少成名、但却无法抵御名利场上的迷茫与病痛，最终在上帝的怀抱中寻回了灵魂。 还有一个人——他总是在别人最困难的时候，无私地伸出援手，然后他最终成为了两届美国总统。 当然还有梅西。一个从不被人待见的、甚至经常受人欺负的小个子，成为了举世瞩目的巨星。他热爱家庭、勤奋工作、懂得感恩！那个最耀眼的他👍🔥今天虽败犹荣💪🌹 人生真正的成功，从来不是一帆风顺的，而是在跌倒后仍然有爬起来的勇气。 关于这一点：以上几位已经用他们的亲身经历做出了最好的诠释。 感谢他们用人生、足球和音乐，向全世界传达了这份温暖与爱的力量。❤️🙌🩵💕🌹🫶 愿我们在漫长的岁月中始终对生命保持敬畏，保持善意，保持真诚和对上苍的敬仰。 #JenniferHudson# #JustinBieber# #Trump# #DonaldTrump# #Messi# #WorldCup2026# #WorldCupFinal# #Faith# #Inspiration# #Resilience# #上帝的力量# #世界杯2026#

交易是门艺术 做市商策略却绝对是科学 虽然这玩意 99.9%的人根本用不上 但你懂点后就可以装逼了 
1/订单簿是市场最真实的供需战场 每一次限价单挂出、修改、取消或成交，都会留下可量化的痕迹 通过超低延迟系统实时处理海量更新（每秒数万次），从中提取短期预测信号（通常100毫秒内有效） 这些微小优势（每笔交易仅0.5-1个基点bps）通过极高频次（一天上万笔）+严格风控积累成稳定盈利 
不预测未来，捕捉订单流中的统计性不平衡 2/ 限价订单簿（LOB）的结构与动态 帖子给出经典定义： Spread（价差）= Best Ask - Best Bid
示例：$100.05 - $100.02 = $0.03 Mid-price（中间价）= (Best Ask + Best Bid) / 2
示例：($100.05 + $100.02)/2 = $100.035 Depth（深度）= 每个价位的累计挂单量 dwMTd“LARGE” 详细解释： 绿色（Bid）：买方愿意出的最高价及对应数量（从右向左递减） 红色（Ask）：卖方愿意接受的最低价及对应数量（从左向右递增） 价差是 立即成交的代价——价差越窄，市场流动性越好、交易成本越低；价差越宽，通常意味着波动大或流动性差 Mid-price 是市场 公允价格 的即时估计，常被用作参考基准 实际意义：价差变化 + 深度不平衡，因为这些能提前揭示短期买卖压力 3/核心微观结构信号 常见且有效的包括： Order Book Imbalance (OBI / 订单簿不平衡)：买方深度 vs 卖方深度之比。买方远多于卖方 → 短期看涨概率更高 Order Flow Imbalance (OFI)：最近订单流的有向累计变化（挂单、修改、取消的净买/卖压力） VPIN（Volume Synchronized Probability of Informed Trading）：衡量毒性订单流（知情交易者 vs 噪音交易者），常用于风险预警 其他：多层深度不平衡、价差动态、取消率、成交符号（trade sign）、订单簿韧性（resilience）等 这些信号单独看胜率/预测准确率通常只有52-58%（modest edge），但组合使用后可显著提升 4/ 信号验证：什么真正有效？ 
单一信号容易被噪音淹没 真正产生Alpha的是多信号融合 + 动态仓位管理（根据当前波动率 regime 调整大小） 
例如：在低波动 regime 下激进下注，高波动时保守或暂停 这符合量化交易的经典原则：边缘小 + 频率高 + 严格风控 = 复利 5/ 信号管道 典型管道： 数据摄入 → 特征工程（计算OBI、OFI、VPIN等） → 预测/打分模型 → 风控与执行 → 反馈优化 实际流程要点： 实时处理海量订单簿更新 特征必须低延迟计算 最终输出是 现在该买/卖/观望 + 置信度 6/ 基础设施的残酷现实 生产环境必须用： Feed handlers：C++ / Rust（亚微秒级解析） Signal engines：FPGA（简单信号）或 C++（复杂） Order gateways：交易所机房托管（colocation），往返延迟 < 5微秒 风控检查：FPGA硬件实现，< 1微秒 延迟对比： 慢系统 ≈ 50微秒 顶级系统 < 5微秒 Python最低额外延迟 100–1000微秒（完全不够用） 信号本身不难，真正壁垒是基础设施 + 监管 + 资本 7/ 底线与实用价值 对不同人群的价值： 纯做市商玩家：核心生意模式。 中长周期系统性基金/量化基金：用LOB信号优化执行时机——决定 现在跨价差成交 还是 等流动性来找你，可节省1-2 bps/笔，规模化后非常可观 普通交易者：理解这些概念，能更好判断市场流动性和短期压力

最近抽时间看了下老乡CZ @cz_binance 的新书《币安人生》，读下来感受就是CZ很真实、很接地气的分享自己。从农村泥土地板的童年、到移民加拿大、再到后来一步步做技术、投身Crypto，最后把币安从一个小团队干成全球最大交易所……个人感触良多。 最打动我的，是CZ反复强调的“保护用户”和“韧性”。他不是那种只谈成功光环的人，反而把一路上的挫折、监管压力、市场崩盘、甚至自己坐牢那段日子都写得挺坦诚。尤其是监狱里用老式电脑、每次只能写15分钟、还不能复制粘贴，就这么一字一句敲出来的初稿，真的能感受到那种“不管环境多差，都要往前走”的劲头。他写这些，不是为了博同情，而是想告诉大家：创业尤其是做Crypto这行，运气很重要，但更重要的是 resilience，还有把用户利益放在第一位的初心。 书里也分享了很多币安早期怎么招人、怎么快速迭代、怎么在剧烈波动中做决策的细节，看得出来他一直相信Crypto能真正扩大金融自由，尤其是帮到那些传统银行触及不到的人。这点跟我这些年观察行业的心得挺一致的——技术本身是工具，但真正推动变革的是那些愿意长期扛事儿、把事儿做扎实的人。 读完之后，我对CZ的印象更立体了。他不是什么“神”，就是一个从底层一步步走出来、用行动证明自己的人。经历了大起大落，还能保持那种低调务实的态度，把书的所有收入都捐给慈善，这份格局真的让人佩服。尤其现在行业还在不断成熟，监管环境也在变化，他的故事给很多还在路上挣扎的创业者提供了实实在在的勇气和参考。 一姐 @heyibinance 这些年也一直很低调地支持着行业发展，在关键时候总能看到她稳稳的担当。CZ和一姐这样的人，让我相信Crypto不只是关于价格和财富，更是关于自由、韧性和长期主义。推荐大家有空都去读读。人生如戏，币安人生更是场大戏。看完只想说：继续加油，真正的价值，总会在时间里显现。 新书电子版：

#为什么是中国# #WhyChina# The Global Logic of China's Economic Growth in the First Half of 2026: A 4.7% GDP Increase 2026年上半年GDP增长4.7%：中国经济增长的全球逻辑 According to the latest semi-annual report, China's gross domestic product (GDP) reached 69.6 trillion yuan, representing a year-on-year increase of 4.7% at constant prices, in line with the annual growth target. Against a backdrop of intertwined international complexities and volatilities, China's economic performance is commendable. Yet, a closer look at the data reveals that the logic underpinning China's economic growth is being reshaped. (I) At the Industry Level, Notable Highlights Emerge: First, new quality productive forces are being cultivated and strengthened at an accelerated pace.** In the first half of the year, industrial production grew robustly. The value-added output of the equipment manufacturing sector increased by 9.3% year-on-year, and that of high-tech manufacturing grew by 13.3%, both outpacing the overall growth rate of industrial output above a designated scale. This underscores a clear trend toward a high-end, intelligent, green, and integrated industrial structure. Looking at specific products, the output of 3D printing equipment, lithium-ion batteries, industrial robots, and other products emblematic of new quality productive forces surged. The average daily token call volume has reached hundreds of trillions, showcasing the vitality and potential of the digital and intelligent economies. Second, new growth drivers are accelerating to take on a leading role. Preliminary estimates suggest that new growth drivers—encompassing high-end manufacturing, the digital economy, and modern services—contributed over 40% to economic growth in the first half of the year. The economy's distinct shift toward a higher quality and more optimized structure is evident, and this overall trend is accelerating. For instance, industries related to artificial intelligence, such as integrated circuit manufacturing and intelligent vehicle equipment manufacturing, have all maintained high growth rates exceeding 30%, vividly illustrating the pace of China's industrial upgrading. Third, confidence on the investment front is on the rise. In the first half of the year, investment in high-tech industries grew by 4.6% year-on-year. Notably, investment in the manufacturing of aircraft, spacecraft, and equipment, computer and office equipment manufacturing, and information services grew by 23.3%, 8.1%, and 15.5%, respectively. Investment structure best reflects market expectations. The increasing "new economy content" in investments signals an acceleration in the replacement of old growth drivers with new ones. Investment in intellectual property products grew by 9.4%, indicating that enterprises are placing greater emphasis on R&D and innovation. This suggests that technological advancement is not simply about capacity expansion but about qualitative change driven by innovation. (II) Observing a Major Economy Requires Looking Beyond the Immediate Figures to the Long-term Trajectory. Behind the "new economy content" of the semi-annual report lies China's ongoing transformation from a global manufacturing hub to a global center of innovation. At the 17th Annual Meeting of the New Champions (Summer Davos), observers noted a new phenomenon: a host of unicorn companies are heading to China. They are establishing R&D centers, regional headquarters, and deeply integrating into China's innovation and industrial chains—shifting from "produced in China" to "created in China." So, why China? Economist Justin Yifu Lin, in his book *Demystifying the Chinese Economy, touched upon the theory of the "speed of technological change." He argues that the essence of the industrial revolution is not just the application of new technologies, but more fundamentally, the ever-accelerating pace of technological change. Since the mid-18th century, starting with the steam engine reshaping the textile industry, the snowball of technological change has grown, rapidly sweeping through industries like chemicals and automobiles, ultimately redrawing the geographical map of great power competition. Looking at China today, the trajectory of accelerating technological change is equally clear. A leading enterprise can drive an entire industry, which in turn can boost a whole region. These burgeoning industrial clusters, growing from saplings to forests, not only enhance production efficiency and invigorate market vitality but also effectively improve development quality and resilience. For example, specialized and sophisticated "little giant" enterprises above a designated scale in Beijing, through deep cultivation of innovation chains, supply chain collaboration, and international expansion, have become "connecting points" and "accelerators" for the dual circulation strategy. More importantly, emerging industrial clusters possess powerful spillover effects. The rapid rise of new energy vehicles is not only reshaping the automotive industry but also driving transformations in chips, software, and energy networks, allowing more sectors to gain value from efficiency improvements. The swift advancements in AI and biomedicine are sparking a "gentle qualitative change" in people's livelihoods, significantly enhancing the sense of fulfillment and well-being through smarter, more affordable products and more livable environments. (III) Looking from the First Half to the Full Year, China's Development Momentum Remains Positive. Of course, during this critical period of transitioning between old and new growth drivers, China's economy still faces lingering issues and new challenges. Some core areas are still grappling with "bottleneck" technologies, certain high-tech industries face external risks of "decoupling" and supply chain disruptions, and "involution"-style competition affects the new energy market ecosystem. However, most of these are issues arising from development and transition, and they can be addressed with effort. The supporting conditions and fundamental trends for long-term economic improvement remain unchanged. China's economic journey toward a newer, higher-quality model is itself a process of encountering new problems and solving them along the way. By maintaining confidence, proceeding steadily, and balancing both qualitative improvements and quantitative growth, China's industries are poised to be brimming with dynamism, and the Chinese economy will continue to advance steadily and sustainably. #China# #Jiangxi# #JiangxiEconomy# #世界经济看中国# #赣出新精彩#