Pub Date : 2022-04-13DOI: 10.2991/aebmr.k.210917.029
Yunshan Chen
China is undergoing a rural land system reform called Three Rights Division (TRD) which promotes the transformation of land management right and guarantees the security of land contract right. In this paper, we study the impacts of rural land system on migration under market (the ability to rent land) and government (land expropriation) mechanism. We employ the Probit model with robustness and endogenous checks to identify whether rent behavior and land insecurity have impacts on migration. Results show that the rent behavior has a positive impact on migration while land insecurity is negative, indicating that the reform of TRD promotes the probability to migrate both through market and government mechanism.
{"title":"The Impact of Land Property Right on China’s Rural-urban Migration","authors":"Yunshan Chen","doi":"10.2991/aebmr.k.210917.029","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.029","url":null,"abstract":"China is undergoing a rural land system reform called Three Rights Division (TRD) which promotes the transformation of land management right and guarantees the security of land contract right. In this paper, we study the impacts of rural land system on migration under market (the ability to rent land) and government (land expropriation) mechanism. We employ the Probit model with robustness and endogenous checks to identify whether rent behavior and land insecurity have impacts on migration. Results show that the rent behavior has a positive impact on migration while land insecurity is negative, indicating that the reform of TRD promotes the probability to migrate both through market and government mechanism.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133637963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-18DOI: 10.2991/aebmr.k.210917.022
Wang Zhengfen
The study of economic expectation is conducive to understand the potential unstable factors in China’s economic development. This paper discusses the impact of family assets on residents’ economic expectations from the perspective of social structure. Based on the social structure mechanism, this study adopts the variable of asset scale and the data of China Household Finance Survey (CHFS) in 2011 to analyze the impact of asset scale on people’s economic expectations with the multi-layer logistic model. It is found that the higher the asset scale, the less optimistic the individual's economic expectation is. Besides, this impact is different in regions with different economic development levels. In economically relatively developed regions, asset scale has a significant negative effect on individual economic expectation, while in economically relatively underdeveloped regions, asset scale has no significant impact on individual economic expectation.
{"title":"Will People with High Assets Be More Pessimistic Towards the Economic Expectations?","authors":"Wang Zhengfen","doi":"10.2991/aebmr.k.210917.022","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.022","url":null,"abstract":"The study of economic expectation is conducive to understand the potential unstable factors in China’s economic development. This paper discusses the impact of family assets on residents’ economic expectations from the perspective of social structure. Based on the social structure mechanism, this study adopts the variable of asset scale and the data of China Household Finance Survey (CHFS) in 2011 to analyze the impact of asset scale on people’s economic expectations with the multi-layer logistic model. It is found that the higher the asset scale, the less optimistic the individual's economic expectation is. Besides, this impact is different in regions with different economic development levels. In economically relatively developed regions, asset scale has a significant negative effect on individual economic expectation, while in economically relatively underdeveloped regions, asset scale has no significant impact on individual economic expectation.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129783747","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-18DOI: 10.2991/aebmr.k.210917.010
Dong Chunlong
{"title":"Interpretation of Tax and Fee Support Policies for Film Industry Under the New Economic Environment","authors":"Dong Chunlong","doi":"10.2991/aebmr.k.210917.010","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.010","url":null,"abstract":"","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130172793","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-18DOI: 10.2991/aebmr.k.210917.052
Shuqiao Zhang
Venture capital is crucial to startup businesses. This paper evaluates whether the startup business Genius is worth investing in by venture capitalists by employing PEST analysis and the POCD framework. The PEST analysis indicates that Genius can be more profitable in the future by examining the effects of political, economic, social, and technological factors on this company. The POCD framework finds that Genius can be profitable and more competitive in the future by providing perspectives from people, opportunities, and context. In general, this startup company is worth investing, as it will be profitable to the venture capitalists.
{"title":"Evaluation of Genius for Investing Venture Capital","authors":"Shuqiao Zhang","doi":"10.2991/aebmr.k.210917.052","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.052","url":null,"abstract":"Venture capital is crucial to startup businesses. This paper evaluates whether the startup business Genius is worth investing in by venture capitalists by employing PEST analysis and the POCD framework. The PEST analysis indicates that Genius can be more profitable in the future by examining the effects of political, economic, social, and technological factors on this company. The POCD framework finds that Genius can be profitable and more competitive in the future by providing perspectives from people, opportunities, and context. In general, this startup company is worth investing, as it will be profitable to the venture capitalists.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"259 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116060434","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-18DOI: 10.2991/aebmr.k.210917.061
Dongmei Chen, Xinru Ma, Runzhi Yan
The DCF model is a valuation model that we often use in our daily life. It is a common model for company valuation. Although the DCF model is the best choice of most companies' valuation models, there are still many inaccuracies in this valuation compared with the actual value. To verify the accuracy of the DCF model, this paper bases it on the real free cash flow, comparing and analysing the DCF valuation and stock prices. We found a) the results of the DCF model are not the same as the actual stock price at the end of 2005; b) the DCF valuation results are significantly higher than the actual stock price; c) the degree of deviation is different from various industries. The deviation may be caused by the reform of non-tradable shares in 2005.
{"title":"Stock Prices and DCF valuation – Evidence from China","authors":"Dongmei Chen, Xinru Ma, Runzhi Yan","doi":"10.2991/aebmr.k.210917.061","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.061","url":null,"abstract":"The DCF model is a valuation model that we often use in our daily life. It is a common model for company valuation. Although the DCF model is the best choice of most companies' valuation models, there are still many inaccuracies in this valuation compared with the actual value. To verify the accuracy of the DCF model, this paper bases it on the real free cash flow, comparing and analysing the DCF valuation and stock prices. We found a) the results of the DCF model are not the same as the actual stock price at the end of 2005; b) the DCF valuation results are significantly higher than the actual stock price; c) the degree of deviation is different from various industries. The deviation may be caused by the reform of non-tradable shares in 2005.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116218330","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-18DOI: 10.2991/aebmr.k.210917.058
Ning Yang
Intelligent products should not only pay attention to their mechanical function, but also give users emotional and spiritual pleasure, have higher personification degree and improve the use experience. Intelligent products should interact with users naturally, perceive the different moods, environments and mood changes of users, find the core needs of users through intelligent technology, and provide suggestions and solutions quickly and accurately. By using the methods of literature research, investigation and comparative analysis, this paper discusses the emotional interaction design scheme of intelligent products based on consumer behavior. Through a questionnaire survey, focus group forum and analysis of collected data, the paper summarizes the influence of emotional interaction mode of intelligent products and the expression mode and voice tone of an intelligent voice assistant on user experience, purchase standard and product personification degree, and the satisfaction and hope improvement of consumers when using intelligent products. In addition, the personalized design of product shape, color and scene mode should be carried out according to the different user groups, so as to produce an intelligent product with higher user comfort and dependence, promote the development of intelligent products and improve user experience.
{"title":"Research on Emotional Interaction Problems and Countermeasures of Intelligent Products based on Consumer Behaviours Analysis","authors":"Ning Yang","doi":"10.2991/aebmr.k.210917.058","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.058","url":null,"abstract":"Intelligent products should not only pay attention to their mechanical function, but also give users emotional and spiritual pleasure, have higher personification degree and improve the use experience. Intelligent products should interact with users naturally, perceive the different moods, environments and mood changes of users, find the core needs of users through intelligent technology, and provide suggestions and solutions quickly and accurately. By using the methods of literature research, investigation and comparative analysis, this paper discusses the emotional interaction design scheme of intelligent products based on consumer behavior. Through a questionnaire survey, focus group forum and analysis of collected data, the paper summarizes the influence of emotional interaction mode of intelligent products and the expression mode and voice tone of an intelligent voice assistant on user experience, purchase standard and product personification degree, and the satisfaction and hope improvement of consumers when using intelligent products. In addition, the personalized design of product shape, color and scene mode should be carried out according to the different user groups, so as to produce an intelligent product with higher user comfort and dependence, promote the development of intelligent products and improve user experience.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116589312","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-18DOI: 10.2991/aebmr.k.210917.030
Tang Shirong
Precision is a national strategy for poverty alleviation, is a key step for a country towards achieving common prosperity and socialist modernization, in which not only is the work of the government and the masses, enterprises should also undertake the social responsibility. On the one hand, enterprises participate in the precision for poverty alleviation work to provide funds for poverty alleviation, and provide a way out of poverty for the masses. On the other hand, enterprises can also promote their positive image and obtain government resources through poverty alleviation. Therefore, this paper analyzes the sample data of non-financial listed companies participating in targeted poverty alleviation in the stock market from 2016 to 2020, and discusses the impact of enterprises' participation in poverty alleviation on company stock price fluctuations. The results show that: (1) the participation of enterprises in poverty alleviation will increase the fluctuation of stock price. (2) The participation of enterprises in poverty alleviation will reduce the prediction error of analysts. (3) Information disclosure by enterprises will increase the prediction error of analysts. Research proves that enterprises involved in poverty reduction to the enterprise itself to influence cannot be determined, so the enterprise should combine their own actual situation to decide whether to participate in poverty alleviation, but involved in poverty reduction can reduce analysts forecast error, is helpful for investors to make the right investment decisions, but should be alert to the enterprise of incomplete information disclosure make the analysts' forecast error to the growths.
{"title":"Do Firms Benefit From Corporate Alleviation? From the Perspective of Signaling Theory and Information Asymmetry","authors":"Tang Shirong","doi":"10.2991/aebmr.k.210917.030","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.030","url":null,"abstract":"Precision is a national strategy for poverty alleviation, is a key step for a country towards achieving common prosperity and socialist modernization, in which not only is the work of the government and the masses, enterprises should also undertake the social responsibility. On the one hand, enterprises participate in the precision for poverty alleviation work to provide funds for poverty alleviation, and provide a way out of poverty for the masses. On the other hand, enterprises can also promote their positive image and obtain government resources through poverty alleviation. Therefore, this paper analyzes the sample data of non-financial listed companies participating in targeted poverty alleviation in the stock market from 2016 to 2020, and discusses the impact of enterprises' participation in poverty alleviation on company stock price fluctuations. The results show that: (1) the participation of enterprises in poverty alleviation will increase the fluctuation of stock price. (2) The participation of enterprises in poverty alleviation will reduce the prediction error of analysts. (3) Information disclosure by enterprises will increase the prediction error of analysts. Research proves that enterprises involved in poverty reduction to the enterprise itself to influence cannot be determined, so the enterprise should combine their own actual situation to decide whether to participate in poverty alleviation, but involved in poverty reduction can reduce analysts forecast error, is helpful for investors to make the right investment decisions, but should be alert to the enterprise of incomplete information disclosure make the analysts' forecast error to the growths.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122692745","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-18DOI: 10.2991/aebmr.k.210917.023
Wang Zhiyi
With the increasing correlation between China's corn futures and the international market, corn futures price fluctuation is closely related to the international market factors. By constructing VAR model, this paper focuses on the influence of four international trade and financial market factors -international corn futures price, international energy price, US dollar exchange rate and corn import volume. The results of Granger causality analysis show that international energy price, US dollar exchange rate and corn import volume are the Granger reasons for the fluctuation of domestic corn futures. The impulse response analysis showed that the initial impact of the four factors was large, and then the response decreased and gradually approached the level before the impact. The results of variance decomposition analysis showed that the import volume of corn had the strongest impact on the domestic corn futures price, followed by the international energy price and the exchange rate of US dollar, while international corn futures price had the weakest impact.
{"title":"Research on the Conduction Effect of China’s Corn Futures Price—Analysis Based on International Market Factors","authors":"Wang Zhiyi","doi":"10.2991/aebmr.k.210917.023","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.023","url":null,"abstract":"With the increasing correlation between China's corn futures and the international market, corn futures price fluctuation is closely related to the international market factors. By constructing VAR model, this paper focuses on the influence of four international trade and financial market factors -international corn futures price, international energy price, US dollar exchange rate and corn import volume. The results of Granger causality analysis show that international energy price, US dollar exchange rate and corn import volume are the Granger reasons for the fluctuation of domestic corn futures. The impulse response analysis showed that the initial impact of the four factors was large, and then the response decreased and gradually approached the level before the impact. The results of variance decomposition analysis showed that the import volume of corn had the strongest impact on the domestic corn futures price, followed by the international energy price and the exchange rate of US dollar, while international corn futures price had the weakest impact.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"51 9","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120903753","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-18DOI: 10.2991/aebmr.k.210917.068
Zhi-xiong Huang
Over the centuries, the effect of CO2 emissions has attracted attention both at the national and international levels. The rapid economic growth in past years causes the increase of CO2 emission, being an essential factor that increases global warming. However, what is the relationship between CO2 emission and GDP growth in the long run? Is it true that the relationship is always positive? In this paper, CO2 emission data and GDP data were collected from the World Bank database and analyzed the relationship between CO2 emission and GDP growth from a global perspective with a regression method. Finally, CO2 has a negative relationship with GDP based on data recorded in the past 50 years.
{"title":"Analyze the Relationship Between CO2 Emissions and GDP from the Global Perspective","authors":"Zhi-xiong Huang","doi":"10.2991/aebmr.k.210917.068","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.068","url":null,"abstract":"Over the centuries, the effect of CO2 emissions has attracted attention both at the national and international levels. The rapid economic growth in past years causes the increase of CO2 emission, being an essential factor that increases global warming. However, what is the relationship between CO2 emission and GDP growth in the long run? Is it true that the relationship is always positive? In this paper, CO2 emission data and GDP data were collected from the World Bank database and analyzed the relationship between CO2 emission and GDP growth from a global perspective with a regression method. Finally, CO2 has a negative relationship with GDP based on data recorded in the past 50 years.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129399852","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-18DOI: 10.2991/aebmr.k.210917.008
Ruiqi Han, Wenxin Su, Ruqi Xiao
As one of the products of the global economic development in the new era, E-commerce is now tending to the stage of rapid development, and it plays a vital role in the economic development of China and even the whole world. Especially after the COVID-19, the development of online retailing has entered a new climax. But the problem is that the existing research and data is mainly based on the effect of the world economic environment and the influence of changes in supply and demand of the entire retail industry, but very few cases take the analysis of the typical electric business platform’s financial statements, to analyze the epidemic situation in China, which is a particular economy. Therefore, our research can help consumers better understand the factors that affect the profitability of E-commerce business in the post-epidemic era, and put forward reasonable suggestions to improve or fix the corresponding problems. We mainly adopted three methods, which are Literature analysis, Case Study, and Comparative analysis (vertical). After adopting the above three methods to analyze JD.com, Inc.'s financial statement, we find some problems in its profitability. For example, there are some problems in cost control, asset arrangement and planning, and even in the strategic choice and brand building of the enterprise. To solve these problems, we provide measures such as market positioning, intangible asset management, personalized service, supplier relationship, and business expansion to help enterprises of the same type better adapt to the impact of the post-epidemic era. This study should benefit a series of E-commerce platforms in the post-epidemic era, especially on the issues related to profitability development of online retail platforms in the specific economy of China.
{"title":"A Study on the Profitability of China’s E-commerce Platforms in the Post-epidemic Era","authors":"Ruiqi Han, Wenxin Su, Ruqi Xiao","doi":"10.2991/aebmr.k.210917.008","DOIUrl":"https://doi.org/10.2991/aebmr.k.210917.008","url":null,"abstract":"As one of the products of the global economic development in the new era, E-commerce is now tending to the stage of rapid development, and it plays a vital role in the economic development of China and even the whole world. Especially after the COVID-19, the development of online retailing has entered a new climax. But the problem is that the existing research and data is mainly based on the effect of the world economic environment and the influence of changes in supply and demand of the entire retail industry, but very few cases take the analysis of the typical electric business platform’s financial statements, to analyze the epidemic situation in China, which is a particular economy. Therefore, our research can help consumers better understand the factors that affect the profitability of E-commerce business in the post-epidemic era, and put forward reasonable suggestions to improve or fix the corresponding problems. We mainly adopted three methods, which are Literature analysis, Case Study, and Comparative analysis (vertical). After adopting the above three methods to analyze JD.com, Inc.'s financial statement, we find some problems in its profitability. For example, there are some problems in cost control, asset arrangement and planning, and even in the strategic choice and brand building of the enterprise. To solve these problems, we provide measures such as market positioning, intangible asset management, personalized service, supplier relationship, and business expansion to help enterprises of the same type better adapt to the impact of the post-epidemic era. This study should benefit a series of E-commerce platforms in the post-epidemic era, especially on the issues related to profitability development of online retail platforms in the specific economy of China.","PeriodicalId":371105,"journal":{"name":"Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127787978","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}