Among the edible jellyfish species, Rhopilema esculentum Kishinouye, 1891, is one of the most abundant jellyfish species consumed. Therefore, this jellyfish species is an important fisheries source in China. The jellyfish fisheries in China show annually considerable fluctuations and have a very short season. In the chapter, we firstly try to review the natural ecology of R. esculentum, which includes the distribution and migration, growth model, and survival rate in the Liaodong Bay (LDB) based on the results of our field studies for more than 20 years. Secondly, we focus on reviewing the jellyfish fishery and population dynamic in the LDB. Thirdly, we emphasize the themes, including the survey methods, catch prediction, enhancement assessment, and fishery management, based on our survey results from 2005 to 2010. Finally, we present our field and experiment results of resource restoration. The high commercial value of R. esculentum enhancement in the LDB has made this a very successful enterprise.
This paper examines the historical development and cross-sectional heterogeneities of Financial Market Infrastructure (FMI). From an evolutionary perspective, we review and compare FMIs in the US, Europe, and China. We identify an emerging trend in which the development of FMI is transitioning from digitalization to tokenization with the rise of Distributed Ledger Technology (DLT). Digitalization reinforces centralization, while tokenization promotes decentralization, posing complex challenges to regulatory framework which is also part of FMI. We then specifically analyze DLT-based FMI in the bond market, evaluate different models of tokenization, and propose a heterogeneous consortium blockchain solution.
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