Yousheng Ribao, founded on April 11th, 1918, by Ni Yichi and Zhang Zhisun. is a journal of the association “Zhongguo Huanqiu Xueyouhui”. In the autumn of 1918 its publication stopped, renewed at September 24th, 1919 and ended at the end of October 1919. This is a quite serious literature-newspaper, with a high level of literal quality. Serialized literature, especially serialized novels and dramas are its selling-points. Not only literature, but also history are the topics of discussion and exploration, and the polical events of that time seldom came into the editors' field of view. The literatis from Zhedong (Easten Zhejiang) play a leading role in this association, as well as in this newspaper. Many distinguished personages, such as famous practitioners of Chinese medicine, and monks are also contributors of it. This association keeps a close relation with the society of painting and calligraphy in Shanghai, which can be proved by the many advertisements for selling their works.