News from bet365 sportsbook review newspaper （ReporterChen Fengxian) July 8，The third Sun Yefang Financial Innovation Award Ceremony was held in Beijing。Sun Guofeng published in the November 2015 issue of "Chinese Social Sciences"、Jia Junyi won the award for the article “Definition of China’s bet365 sportsbook review and Calculation of its Scale—Based on the Perspective of Credit Money Creation”。

This article starts from the theory of credit currency creation，Using bank balance sheets as analysis tools，Theoretical analysis of the credit behavior mechanism of China’s bet365 sportsbook review，Calculated the scale of bet365 sportsbook review。On the theoretical level of money creation，This article follows the three classification standards and management principles for different types of assets purchased by banks，Proposed targeted policy recommendations on “asset reserves” and “risk reserves”。

First author of the article、Sun Guofeng, Director of the Financial Research Institute of the People’s Bank of China said，The 2017 Central Economic Work Conference proposed to prevent and resolve major risks，And regard it as the first of the "three major battles"。bet365 sportsbook review is a major financial risk，It is very important to scientifically analyze the operating mechanism of bet365 sportsbook review and its impact on monetary policy and financial stability。Because China’s bet365 sportsbook review is mainly the bank shadow formed by banks creating credit money through accounting methods of assets creating liabilities，This brings us to the perspective of credit currency creation、Application of loan creation deposit theory to analyze China’s bet365 sportsbook review problem，Hope the article can arouse more thoughts。

bet365 sportsbook review Innovation Award was established in 2013，Selected every two years。This award ceremony is hosted by Sun Yefang Economic Science Foundation，Organized by Tsinghua University PBC School of Finance，China Financial Futures Exchange is the supporting unit，A total of 7 works won awards。