In the 21st century, especially after the accession to WTO, Construction project bidding price formation mechanism is the main characteristics of the market price of the Construction project is divided in a unified, u...In the 21st century, especially after the accession to WTO, Construction project bidding price formation mechanism is the main characteristics of the market price of the Construction project is divided in a unified, uniform measurement unit, unified in terms of engineering and consumption of fixed rules on the basis of the implementation of market, competition fees.The first to be carried out not only the financial decision-making, corporate contractors in accordance with the different ways, according to market conditions, its technology, economic strength, through the financial decision-making self-quotation. Second, it is necessary to exercise effective control, both the Construction project bidding price by the form of the contract price is fixed.By design, material procurement, construction management on the implementation of bidding for the effective control of prices.展开更多
This article introduces the history of the reform of on-grid tariff in China, the current status of and currently adopted mechanisms related to on-grid tariffs of coal-fired and renewable energy power generation facil...This article introduces the history of the reform of on-grid tariff in China, the current status of and currently adopted mechanisms related to on-grid tariffs of coal-fired and renewable energy power generation facilities. The article further discusses the proposed and on-going reform and restructure in the electricity price sector, and the trial reforms in regional electricity markets.展开更多
In this paper, a tractable solution is proposed to integrate, to a certain extent, market liquidity risk in the portfolio selection process. It is shown how an investor may take advantage of this additional risk sourc...In this paper, a tractable solution is proposed to integrate, to a certain extent, market liquidity risk in the portfolio selection process. It is shown how an investor may take advantage of this additional risk source within the standard mean-variance optimization framework, by in certain circumstances overcoming the pitfalls of illiquidity and in others seizing a liquidity premium. Bid prices appear effective to capture liquidity risk. The efficient frontier conceived with bid prices consists of mean-variance optimal allocations that cover more liquid stocks （large caps） under stressed market conditions and less liquid stocks （small caps） under normal conditions.展开更多
North Shaanxi and Ningxia are extremely abundant in coal resources, with excellent geographical positions and transport facilities, suitable to build large size pithead power plants. This paper details the coal resour...North Shaanxi and Ningxia are extremely abundant in coal resources, with excellent geographical positions and transport facilities, suitable to build large size pithead power plants. This paper details the coal resources in North Shaanxi Province and Ningxia Autonomous Region, fuel coal and transportation conditions for building large size pithead power plants, and carries out the analyses of economic benefits and electricity prices of bidding for access to grid for the six recommended power plants. The analyses show that these power plants, after built up, will have strong competitive powers and make contributions for the sustainable development of power industry in North China and Shandong Province.展开更多
文摘In the 21st century, especially after the accession to WTO, Construction project bidding price formation mechanism is the main characteristics of the market price of the Construction project is divided in a unified, uniform measurement unit, unified in terms of engineering and consumption of fixed rules on the basis of the implementation of market, competition fees.The first to be carried out not only the financial decision-making, corporate contractors in accordance with the different ways, according to market conditions, its technology, economic strength, through the financial decision-making self-quotation. Second, it is necessary to exercise effective control, both the Construction project bidding price by the form of the contract price is fixed.By design, material procurement, construction management on the implementation of bidding for the effective control of prices.
文摘This article introduces the history of the reform of on-grid tariff in China, the current status of and currently adopted mechanisms related to on-grid tariffs of coal-fired and renewable energy power generation facilities. The article further discusses the proposed and on-going reform and restructure in the electricity price sector, and the trial reforms in regional electricity markets.
文摘In this paper, a tractable solution is proposed to integrate, to a certain extent, market liquidity risk in the portfolio selection process. It is shown how an investor may take advantage of this additional risk source within the standard mean-variance optimization framework, by in certain circumstances overcoming the pitfalls of illiquidity and in others seizing a liquidity premium. Bid prices appear effective to capture liquidity risk. The efficient frontier conceived with bid prices consists of mean-variance optimal allocations that cover more liquid stocks （large caps） under stressed market conditions and less liquid stocks （small caps） under normal conditions.
文摘North Shaanxi and Ningxia are extremely abundant in coal resources, with excellent geographical positions and transport facilities, suitable to build large size pithead power plants. This paper details the coal resources in North Shaanxi Province and Ningxia Autonomous Region, fuel coal and transportation conditions for building large size pithead power plants, and carries out the analyses of economic benefits and electricity prices of bidding for access to grid for the six recommended power plants. The analyses show that these power plants, after built up, will have strong competitive powers and make contributions for the sustainable development of power industry in North China and Shandong Province.
