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Showing posts with label credible information and knowledge sharing. Show all posts
Showing posts with label credible information and knowledge sharing. Show all posts

Saturday 1 April 2023

Chinese people are the happiest in the world, Ipsos survey shows

 


A photo taken on November 6, 2022 shows a wall displaying photos of smiling people at an exhibition themed "Forging Ahead in the New Era," which showcases China's achievements and development over the last decade, at the Beijing Exhibition Center. Photo: VCG


Chinese Path to happiness

"Are you happy?" This simple question is not only a daily greeting in Putonghua but also a yardstick on which global authorities attach importance when formulating policies to better serve their people. Recent international surveys showed that the happiness of people in the Chinese mainland has largely increased in recent years, with one of the survey reports suggesting that Chinese people are among the happiest in the world.

The Global Happiness 2023 Report, released by multinational market research and consulting firm Ipsos ahead of the International Day of Happiness on March 20, showed that Chinese people are the happiest among the 32 countries and regions sampled, with 91 percent of Chinese respondents saying they are generally happy, 12 percent increase from a decade ago.

The 2023 World Happiness Report, an annual publication by the United Nations Sustainable Development Solutions Network in which Nordic countries typically rank higher than China, ranked the Chinese mainland 64th out of 137 countries and regions this year, 30 places higher compared with 2020.

The surveys, with different questionnaires and ranking methods, all imply that people in the Chinese mainland are generally happier, and even rank as the happiest in certain aspects, observers found.

Why are Chinese people happier than before? The Global Times reached Ipsos, as well as China-based and international sociologists and culture scholars, along with ordinary citizens, to find out the possible reasons behind the overall increase in happiness among Chinese people.

Graphic: GT Graphic: GT

Family, friends matter most

"Thanks to family and friends, Chinese people are the happiest people in the world," declared a South China Morning Post article on March 21 according to conclusions made by the Ipsos survey report, saying that "relationships are a main source of happiness in China."

The importance of family and social ties to the happiness of Chinese people is clearly indicated in the Ipsos survey, which showed that Chinese respondents are more satisfied with "children," "relationship with a partner or spouse" and "friends" compared to other aspects. While some Western respondents are more satisfied with elements related to their personal circumstances and feelings, such as "access to or being in touch with nature" and "level of education."

Traditional Chinese societal values are manifested in the results, as Chinese people have a strong drive toward family harmony, as the old Chinese saying goes, "harmony at home brings prosperity," said Zhang Yiwu, a literature professor at Peking University.

Chinese people are more inclined to feel happiness in kinship and social relationships, Zhang said. "Even if one is not wealthy, he or she can gain a lot of happiness from having a happy and warm family, as well as many friends as a source of support," he told the Global Times.

Psychologist Zhang Jiehai agreed. "Chinese society is a society of interpersonal relationships, and good interpersonal relationships have a great impact on the happiness of Chinese people," said Zhang Jiehai.

Ipsos surveyed 32 countries and regions that represent over 80 percent of the world's GDP, said Nicolas Boyon, Senior Vice President of Ipsos Public Affairs in the US, in an email response to the Global Times.

Boyon said that the list of life aspects mentioned in the survey questionnaire was carefully designed, so each of them is relevant to all people in every country and region, and can be understood similarly. "Our main goal is consistency both across cultures and over time," he wrote.

Satisfied with China's economic, social, political situation

The economic, social, and political situations in a country or region also largely affect the happiness of the people there.

Compared to most non-Chinese respondents who expressed low satisfaction with their "country's economic situation" and "country's social and political situation," which led to overall average satisfaction rates in both aspects at a mere 40 percent, Chinese respondents expressed greater satisfaction in China's economic, social, and political situations.

Some 78 percent and 83 percent of Chinese respondents said they are satisfied with the "country's economic situation" and "country's social and political situation" respectively, ranking third and first among all countries and regions, the survey showed.

Zhang Jiehai said that Chinese society is stable, and its senses of fairness and justice keep increasing.

He mentioned the enhancement of the quality of life for Chinese citizens as a result of the increased happiness in the stable Chinese society.

"Foreign studies have shown the close relationship between 'not pocketing the money one has picked up' and citizens' happiness," he said. "In an experiment carried out on streets of different countries, Denmark had the highest percentage of people who return money found, and they are usually ranked as one of the happiest citizenries in the UN's happiness indices."

Similarly, China has probably the lowest percentage of express deliveries being stolen, which is also highly related to the strong sense of happiness of the people there, Zhang Jiehai exampled. "Unsupervised express packages and food deliveries placed at entryways and hospital inpatient departments are a common sight in China," he added. "Incidents of deliveries being stolen are rare as the quality of life of Chinese citizens has improved."

Recalling his days at Peking University in 2022 as a Korean scholar, Kwon Ki-sik, head of the Korea-China City Friendship Association, believes that four main factors contribute to the high level of happiness of Chinese people.

First, Chinese people highly trust the country's political system. Kwon said that Chinese people's unwavering support for the Communist Party of China (CPC) and its leaders are a source of stability in China, in sharp contrast to certain Western countries where political instability has led to general discontent.

The second is safety. Big Chinese cities including Beijing and Shanghai are among the few in the world in which one can walk freely at night thanks to good public security, whereas some security problems seen in several big US cities keep many people from venturing outside after dark, said Kwon.

Third, Chinese people are incredibly proud of the country's development and prosperity, as China has achieved remarkable economic growth over the decades of reform and opening-up. Kwon believes this sense of pride is greatly linked to the happiness of Chinese people.

Fourth, Chinese people are satisfied with the government's efforts in building a moderately prosperous society and in achieving common prosperity. "The mutual trust between the CPC and its people is the root of happiness for Chinese people," Kwon noted.

The three recent Ipsos happiness surveys conducted in August 2020, December 2021, and January 2023, revealed that 93 percent, 83 percent, and 91 percent of Chinese respondents were happy, respectively, ranking first, third, and first among all polled countries and regions.

The pandemic was a source of worry for the world. Nonetheless, compared to some Western countries' approach of "lying flat," which caused a lot of deaths, "China's COVID prevention measures protected the lives of the overwhelming majority of people," Zhang Yiwu told the Global Times. "On the whole, we got through the pandemic smoothly."

Common expectations

In the 2023 World Happiness Report released by the UN Sustainable Development Solutions Network, Finland was ranked as the happiest country in the world. The Chinese mainland was ranked at the 64th, higher than 2022 when it was ranked 72nd, and in 2021 at 84th.

Referring to the different ranking results between the report and the Ipsos survey, Boyon said that the two differ in several ways and are also complimentary. The UN Happiness Index, as reported in the World Happiness Report 2023, is based on data from a survey in which respondents were asked to rate how they feel about their life ranging in responses from "the best possible life" to "the worst possible life." It is described as a "subjective well-being score," Boyon said.

"Ipsos' survey asks a different question: 'All things considered, would you say that you are very happy, rather happy, not very happy, or not happy at all?' The self-reported level of 'happiness' from our survey can be seen as a reflection of people's mood," he added.

Also, Boyon said that Ipsos' survey is collected during the same two-week period in every country, which makes its data more current, and more sensitive to seasonality and current events.

Moreover, as the Ipsos survey is conducted online, its samples can be considered representative of their general adult population under the age of 75, Boyon explained. "But in most 'middle-income countries' or 'emerging markets,' including China, online samples tend to be more urban, more educated, more affluent than the general population," he told the Global Times.

The World Happiness Report team said on its website that it uses observed data on six variables including GDP per capita, social support, healthy life expectancy, freedom, generosity, and corruption.

These variables are more susceptible to income inequality, said Zhang Jiehai. "Countries and regions with more developed economies, smaller income gaps, and a relatively high sense of fairness usually score higher," he explained. "That's why Nordic countries have been at the top of the UN's happiness rankings for long."

Happiness surveys with distinct indicators have different results, but generally, people from all over the world share some common expectations, like narrowing the income gap, improving fairness and justice, and elimination of corruption, Zhang jiehai noted.

To further enhance Chinese people's sense of happiness, experts suggest authorities work harder in improving social welfare systems, especially in those in the fields of healthcare and rural elderly care services.

"China has made rapid progress in social welfare improvement. Nonetheless, as a developing country with a large population, it's difficult to compare China's per capita social welfare standard with that of Nordic countries," said Zhang Yiwu. "It varies from country to country in terms of their strengths and challenges."

UK's falling ranking

"China is the happiest place on earth as the UK falls in rankings," said an article published on the Northamptonshire Telegraph website on March 24. The Ipsos survey found that 70 percent of British people considered themselves happy, a 13 percent drop from 2022.

Fleur, a retired teacher living in London, told the Global Times reporter that she does feel less happy than about a decade ago mainly because of the economic pressure she experiences. Fleur said her pension is falling in value under high inflation in the UK, and she and people around her feel uneasy about several persisting problems in British society, including the widening wealth gap, the rising crime rate, and the falling employment rates.

In the US, just 12 percent of respondents described themselves as "very happy," "the lowest share on record since NORC began asking the question…in 1972," according to a US domestic survey released by The Wall Street Journal and the social research organization NORC at the University of Chicago on March 24. Some 30 percent said they are "not too happy."

Financial circumstances are main happiness contributors for some Westerners, analyzed Zhang Jiehai. In a few European countries, for instance, people are faced with slow income growth and fast-rising living costs. "Their living standards are seeing a downward trend when compared with their predecessors. A blue-collar couple can hardly maintain their standard of living after retiring if their children are also blue collars," Zhang Jiehai said. 

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Sunday 26 March 2023

Five ways to naturally increase your 'happiness' hormone; Learn how to breathe properly for exercise and to relax

 

Boosting your 'happiness hormone' raises your mood, productivity and success levels.getty

Here’s a double combo to increase your dopamine levels: Cuddle your furry friend, while listening to your favourite tracks. — AFP

Fatigue, reduced concentration, memory loss and lack of motivation are some of the consequences of a dopamine deficiency.

However, this neurotransmitter – also known as the happiness hormone – can be stimulated naturally through certain actions and activities accessible to all.

Central to the brain’s reward system, this compound is naturally secreted to provide a certain feeling of satisfaction in response to specific actions, such as physical activity.

According to the French Federation for Brain Research (FRC), it is, more precisely, a “neurotransmitter, which in the central nervous system, activates postsynaptic dopaminergic receptors.

“[It] plays an essential final modulating role in motor and psychic output, ... serves to reinforce behaviours such as eating, and plays a role in motivation by functioning as a kind of reward system.”

A deficiency or excess of dopamine can have harmful consequences, ranging from memory loss to addictions, requiring a certain balance to be maintained.

Parkinson’s disease, linked to a degeneration of the neurons that produce dopamine, requires clinical therapies to stimulate the production of this substance.

But milder symptoms suggestive of dopamine deficiency, such as reduced concentration, fatigue or memory lapses, can potentially be relieved by everyday actions and activities that help stimulate its production.

Here are five ways to help keep this neuronal messenger at optimal levels: 

> Play with your pet

Many studies have shown that pets, especially dogs and cats, are a source of happiness, and even a way to limit stress.

Not only do they help reduce the levels of cortisol – the stress hormone – according to American research, but our four-legged friends could also stimulate the production of dopamine.

Several scientific studies agree that petting a furry friend releases two essential substances: oxytocin, the love and social bonding hormone, and dopamine, our famous happiness hormone.

> Get some exercise

It is often said that exercise or playing sports releases endorphins.

This is true, but it is not the only pleasure or well-being hormone that is secreted by physical activity.

Whatever the chosen form, exercise naturally stimulates the production of dopamine during and after exertion, providing that feeling of well-being, accomplishment and satisfaction, or exercise “high”, that gym junkies often talk about.

It is therefore not surprising that certain scientific studies point to a link between physical activity, memory and concentration, or that it can be a source of motivation – and in excess, of exercise addiction.

> Listen to music

Music may soothe the savage beast, but that’s not all it can do.

It could also play an active role in stimulating the production of dopamine.

Music and pleasure appear to be intimately linked, provided of course that you choose tracks that you particularly like.

Activating the brain’s famous reward system, listening to music could even arouse feelings of euphoria and desire that are more often associated with eating, sex or taking certain drugs, as revealed by researchers from Canada’s McGill University.

It is therefore not surprising that music is now used in healthcare settings, with music therapy used to complement nursing care during painful procedures, for example.

> Make love

From relieving migraines to fighting certain cardiovascular (heart) diseases and even looking younger, sex seems to be particularly beneficial for health, according to numerous scientific studies.

But beyond that, sex could also be a stimulant for dopamine production – and for good reason, since it is obviously also directly associated with pleasure.

Making love is enough to secrete the famous molecule, but the orgasm alone provides a veritable cocktail of hormones, releasing serotonin, dopamine, endorphins and oxytocin, which are all associated in one way or another with happiness and pleasure.

> Eat a healthy, balanced diet

A poor diet can be the cause of a dopamine deficiency.

Meanwhile, certain foods can help to naturally boost its production.

For this, it’s advisable to turn to certain foods rich in tyrosine, such as meat, fish, seaweed, leeks, spinach, legumes, avocados, bananas and chocolate.

All these ingredients help fight against stress, improve mood or limit fatigue. – AFP Relaxnews 

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We breathe automatically, but if you practise breathing purposefully, you’ll notice what a difference it can make, whether during exercise or for relaxation. — dpa

Inhale. Exhale. We normally don’t think about breathing – it’s automatic.

And when our body needs more oxygen than usual, e.g. during sporting activity, our breathing rate increases automatically too.

“It’s a vital process that takes place subconsciously,” says Barbara Nützel, an instructor at a school for health management in Saarbrücken, Germany.

In this way the body prevents itself from going into oxygen debt, which is a temporary oxygen shortage in body tissues resulting from intense exercise.

Our cells need oxygen to break down glucose and produce energy.

“Breathing is regulated by the autonomic nervous system and brainstem,” says Sylvain Laborde, a researcher in the performance psychology section of the Cologne-based German Sport University.

The brainstem respiratory network can adapt our breathing to external circumstances.

When we’re relaxed or asleep, we automatically tend to breathe deeply and evenly.

“Our body finetunes its oxygen supply,” she says.

“We have sensors – so-called chemoreceptors – that recognise whether we have sufficient oxygen, and not too much carbon dioxide, in our blood and adjust intake accordingly.”

But not all breathing is the same.

We can take air into our chest, or seemingly deep into our belly.

The latter is called diaphragmatic breathing, also known as abdominal breathing, belly breathing or deep breathing.

The diaphragm is a large, dome-shaped muscle at the base of the lungs.

When you breathe diaphragmatically, inhaling makes the diaphragm contract and move downward, which creates more space in your chest cavity and allows your lungs to expand.

When you exhale, the diaphragm relaxes, moving upward in the chest cavity and forcing air out of your lungs.

We’re born knowing how to breathe diaphragmatically, says Nützel, but unlearn it as we grow older.

Stress is one reason our breathing becomes shallower.

“Chest breathing wastes energy,” Laborde says, “as it activates many muscles we don’t really need for breathing.”

Breathing the right way

Breathing this way during sporting activities reduces the amount of energy at our disposal.

Athletes would therefore do well to learn diaphragmatic breathing technique and practise it regularly.

It can bring their breathing rate down from 15-20 breaths per minute to six, according to Laborde.

It can also be worthwhile to attend a yoga class, where emphasis is placed on diaphragmatic breathing training, says Nützel, a yoga instructor herself.

Athletes can breathe either through the nose or mouth.

“No matter what the sport,” Laborde says, “it’s best to breathe through your nose because the air is then moister and warmer.”

This protects the respiratory passages from drying out and cooling down.

It also protects them from dirt, Nützel says, since “the nose acts as a natural filter for airborne particles”.

During intense athletic activity, however, it’s normal to breathe through the mouth to meet the body’s oxygen requirements.

“At high intensity, you need a lot of oxygen, so sometimes, you’ve got no choice,” says Laborde.

“If oxygen intake through the nose is too low, your performance suffers.”

Which breathing technique is best for a round of jogging or strength training at the gym then?

Nützel says: “Whatever sport you do, the point is to require as few breaths as possible.”

When we run, there’s no need to consciously adapt our breathing to our strides.

“It’s best to give your breathing free rein,” says Laborde, “because our body knows exactly how much air it needs.”

For strength sports such as weightlifting, on the other hand, a targeted breathing technique is useful.

“You should exhale as you work against gravity, and inhale again in the relaxed phase,” advises Nützel.

A well-known breathing technique during weightlifting is called the Valsalva manoeuvre.

“Athletes try to mobilise more strength by pressing air against their closed mouth and nasal passages,” notes Laborde, but adds that it makes little difference in their performance.

Practising yoga is a good way to increase your respiratory volume.

“You learn to breathe more deeply, and with a little training, you’ll need fewer breaths to reach the same volume,” says Nützel.

Breathing efficiently doesn’t only boost athletic performance by supplying the body with an optimal amount of oxygen.

“Conscious breathing strengthens the immune system as well,” remarks Nützel.

What’s more, she says, exhaling more slowly lowers blood pressure.

Your heart rate – and resting heart rate – decrease.

Breath training can also have positive psychological effects, such as stress reduction.

By breathing more mindfully and slowly on a daily basis, you not only enhance your performance capacity, but your quality of life too.

Laborde recommends integrating slow breathing into your evening routine as a relaxation technique.

“Over time, slow breathing is beneficial to health and advisable,” he says. – By Pauline Jürgens/dpa;

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Saturday 18 March 2023

SVB meltdown exposes risks of fragile US bank system, highlights need to strictly maintain the bottom line of low risks

It is crucial to improve the financial regulatory system and strictly maintain the bottom line of low risks, China’s former finance minister said at a forum on Saturday in commenting on the recent collapse of the US Silicon Valley Bank (SVB) that sent shockwaves across the US banking system.

The SVB bankruptcy suggests that financial markets have been hit by monetary policy changes, Lou Jiwei, director general of the Global Asset Management Forum and China’s former finance minister, said at the ongoing annual session of the forum, according to media reports.

The unconventional monetary and fiscal policies adopted by some countries during the COVID-19 pandemic have led to high leverage ratios across governments, households, enterprises, and financial institutions. These ratios rose quickly but would not fall easily, Lou said.

It has exacerbated the hikes of the inflation and its impact has been extended to the global financial market, with soaring volatility in stocks, bonds, foreign exchange markets, Lou said, noting that from a historical perspective, it may lead to a new round of crisis spilling over into emerging markets.

As the US 16th largest lender, SVB faced meltdown on March 10 after a 48-hour run on deposits. It marked the largest bank crash since the 2008 financial crisis. When many were still pondering whether it was another Lehman Moment that started the global financial crisis over a decade ago, the US 29th biggest lender Signature Bank closed by regulator just two days after the SVB collapse.

The unexpected bank failure has soon sent shockwaves across the US banking system, with jitters spreading across the global market.

NASDAQ Bank index, which contains securities of NASDAQ-listed banks, dropped 22 percent from 3981.59 on March 8 to 3100.16 on March 17. The First Republic Bank saw its share price plummeted from $115 to $23.03 during the period, down nearly 80 percent.

In Europe, alarms sounded at Credit Suisse, a 167-year-old Swiss bank which is also the 17th largest lender across Europe. Its share price has lost 30 percent since March 8. Although the bank secured a $54 billion loan from Swiss central bank to shore up its liquidity, its investor sentiment remains fragile.

The bank failure and emergency showed that the long-simmering profound financial risks in Europe and the US have reached a critical point of periodic outbreak, Dong Shaopeng, a senior research fellow at the Chongyang Institute for Financial Studies at Renmin University of China, told the Global Times on Saturday.

Banks are professional risk managers, and if they cannot manage risk effectively, then it means that the risk control system has failed, Dong said.

SVB is not the only risk point, a total of 186 US banks have reportedly been exposed to similar risks. “Even if only half of uninsured depositors decide to withdraw, almost 190 banks are at a potential risk of impairment to insured depositors, with potentially $300 billions of insured deposits at risk,” read an analysis conducted by New York-based Social Science Research Network.

Counting on its advantages as the world’s dominant financial power, US policymakers have believed that they could reap interests of others to plug their own loopholes. It is such “financial confidence” which has supported them to adopt a radical quantitative easing and then a drastic tapering policy, Dong said.

Yet, a considerable number of emerging countries are attaching more importance to financial risk management and firmly safeguarding their own autonomy, Dong said.

China has attached great importance to preventing and defusing systemic risks, and it is further improving its financial regulation including setting up a central commission for finance following the two sessions to optimize and adjust setting and functions of regulatory institutions, Lou said.

Lou said that China will continue to cooperate with other countries in financial regulation to jointly forestall and defuse systemic risks in the global financial system and maintain stability and prosperity of the global financial market.

The People’s Bank of China (PBC), the nation’s central bank, recently stressed the overall financial market is running smoothly and risks are under control. Large banks with excellent ratings are the “ballast stone” of China’s financial system. Reforms of a few problematic small and medium-sized financial institutions have achieved important progress, and illegal financial activities have been effectively curtailed, it said.

Amid a steep drop in the value of global banking shares following the SVB meltdown, however, Chinese banking shares rallied collectively. The Bank of China saw its share price surged from 3.33 yuan ($0.48) on March 8 to 3.48 yuan on March 17, reaching a five-year high.

The Chinese economy has contributed more than 30 percent of global growth annually for the past two decades, and this momentum will continue in the future, Yang Delong, chief economist at Shenzhen-based First Seafront Fund Management Co, told the Global Times on Saturday.

Under such circumstances, China’s strong enterprises, robust core assets will remain very attractive to foreign investment, Yang said, predicting that it is highly likely that the inflow to China’s A-share market from overseas investor will exceed 300 billion yuan this year. 

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