The preservation of farmland is a growing concern in China because the fact that China possesses limited land resources and the world's largest population presents a clear contradiction. Only when the value of far...The preservation of farmland is a growing concern in China because the fact that China possesses limited land resources and the world's largest population presents a clear contradiction. Only when the value of farmland is fully appreciated in commercial markets can farmland preservation be effectively achieved. The current study constructed a model to evaluate the economic, social, and ecological value of farmland in China according to the connotation of values. As a case study, the value of Chinese farmland was estimated in 1999, 2002, 2005, 2008, and 2011 using the established model. Although the amount of farmland was greatly reduced from 1999 to 2011 due to constructive occupation, agricultural restructuring, ecological restoration, and disaster destruction, the value of this farmland increased from 220.71×1012 to 736.26×1012 RMB Yuan as a result of the multifunctional nature and scarcity of farmland during the same period. The potential value of farmland in China was huge, but the value in the market was greatly underestimated, especially in regard to its social and ecological value. This study proposes a new method that integrates the discounted value of all future services provided by a natural resource(for the society and individuals) to evaluate the resource assets, provides a scientific foundation for the preservation and operation of farmland assets, and explores ways to increase farmers' property income.展开更多
Natural landscapes consist of the natural substances, environment, and phenomena, all of which provide many benefits to people, including a sense of place, sightseeing, relaxing, and recuperating. However, the economi...Natural landscapes consist of the natural substances, environment, and phenomena, all of which provide many benefits to people, including a sense of place, sightseeing, relaxing, and recuperating. However, the economic value of natural landscapes has only been recognized in recent decades, and the resulting large-scale decline and degradation of ecosystems now severely threatens the sustainable provision of their services to society. There is an emerging consensus that natural capital should be incorporated into the current socioeconomic accounting system. Many studies valuated natural resources at local and regional scales, but there are very few empirical studies at a national level. To provide a benchmark for natural landscape management on a national scale, we use the travel cost method(TCM) and the contingent valuation method(CVM) to determine the economic value and the spatial distribution of natural landscapes across China. Our results show that the total economic value of China′s natural landscape was 9.75 × 10^(11) U.S. dollars(USD) in 2012. Of this value, the highest proportion was in the eastern and southwestern regions of China, which accounts for 23.7% and 18.3%, respectively. The provinces of Guangdong, Sichuan, Yunnan, Inner Mongolia, and Heilongjiang were the top five in terms of the largest number of natural landscapes and largest economic values. Together, these five provinces accounted for 32.9% of the total number of natural landscapes and 29.4% of the total economic value in 2012. We believe this study will increase awareness of the value of natural landscapes, and more importantly provide a scientific basis for resolving conflicts between development and resource conservation.展开更多
[Objective]The study aimed at assessing the whole value of Qilihai Wetland in Tianjin City.[Method]In this study,the whole value of Qilihai Wetland was divided into two parts,namely use value and non-use value.The use...[Objective]The study aimed at assessing the whole value of Qilihai Wetland in Tianjin City.[Method]In this study,the whole value of Qilihai Wetland was divided into two parts,namely use value and non-use value.The use value of Qilihai Wetland was estimated by market value,travel cost,shadow project method and so forth,and the non-use value of Qilihai Wetland was assessed by contingent valuation method.[Result]The total value of Qilihai Wetland reached 1.892 billion yuan,wherein the direct use value,including animal and plant products,tourism,scientific and cultural value,was 0.539 billion yuan,accounting for 28% of total value;the indirect use value,composed of functional values in hydrology,water quality,erosion control,CO2 fixation and habitats,was up to 0.965 billion yuan,making up 51%;the non-use value totaled 0.388 billion yuan,taking up 21%.In addition,the ecological benefit of Qilihai Wetland was the maximum,accounting for 72% of total benefit,followed by economic benefit(21%),while the social benefit was the minimum(9%).[Conclusion]The results can provide scientific references for the effective conservation and sustainable utilization of Qilihai Wetland.展开更多
In emerging markets, the deviation between the ultimate controlling shareholders' voting rights and their cash flow rights(hereafter "DVC") in the listed firms is quite prevalent. DVC could be introduced...In emerging markets, the deviation between the ultimate controlling shareholders' voting rights and their cash flow rights(hereafter "DVC") in the listed firms is quite prevalent. DVC could be introduced due to the ultimate controlling shareholders' opportunistic incentives, as well as by their incentives to improve firm efficiency. This study uses 229 listed firms ultimately controlled by individuals or families(hereafter "entrepreneurial firms") for 2004 in China, to investigate the effect of DVC on firm value and to determine whether it is different between founder and non-founder controlled firms. We find that DVC has a positive effect on firm value for founder controlled firms. This result implies that investors believe that their interests are better protected by founder controlled firms than by non-founder controlled firms.展开更多
Through analysis and evaluation on status quo of atmospheric environment in Shennongjia,atmospheric environment capacity in ClassII functional area of Shennongjia was counted by A value method. The results showed that...Through analysis and evaluation on status quo of atmospheric environment in Shennongjia,atmospheric environment capacity in ClassII functional area of Shennongjia was counted by A value method. The results showed that atmospheric environment capacities of SO2,NO2 and PM10in Shennongjia Forest District were respectively 6 268. 8,17 666. 2 and 2 279. 5 t / a,much larger than emissions of air pollutants in Shennongjia in 2012.展开更多
Historians of the future will probably define the year 2017 as a watershed moment in the development ofglobalization and the first year in the building of a community with a shared future for mankind. At the beginning...Historians of the future will probably define the year 2017 as a watershed moment in the development ofglobalization and the first year in the building of a community with a shared future for mankind. At the beginning of the year,展开更多
China May 2012-Apparel retail sales value in major department stores just rising by 11.99 percent y/y , according to Nation Commercial Information Center of China. Apparel retail sales value growth speed slowed down b...China May 2012-Apparel retail sales value in major department stores just rising by 11.99 percent y/y , according to Nation Commercial Information Center of China. Apparel retail sales value growth speed slowed down by 9.9% compared with the same period in last year展开更多
Apparel retail sales value in major department stores just rising by 15.19 percent y/y to CNY 31.30billion in Jan.2012,according to Nation Commercial Information Center of China. Apparel retail sales value growth spee...Apparel retail sales value in major department stores just rising by 15.19 percent y/y to CNY 31.30billion in Jan.2012,according to Nation Commercial Information Center of China. Apparel retail sales value growth speed greatly slowed down by 43.02% compared with the same period in last year and down by 22.5% compared with the same period in the year 2009(Spring Festival also in January).展开更多
This paper is based on a study of the Chinese automobile market and industry and aims at proposing marketing recommendations for Chinese automakers. We approach the problem by putting the customer at the central focal...This paper is based on a study of the Chinese automobile market and industry and aims at proposing marketing recommendations for Chinese automakers. We approach the problem by putting the customer at the central focal point of all marketing operations. We look for agile opportunities in the Chinese automobile industry and identify customers' needs and expectations in the current and future markets and propose solutions to satisfy those needs. We, then, develop a strategic marketing framework based on the 5P marketing model and Blue Ocean Strategy to make best use of the agile opportunities.展开更多
China Jul.-Apparel retail sales value in major department stores picked up sharply in Jul. 2011, rising by about 21.79 percent y/y to CNY 10.61 billion, according to China Nation Commercial Information Center. For vol...China Jul.-Apparel retail sales value in major department stores picked up sharply in Jul. 2011, rising by about 21.79 percent y/y to CNY 10.61 billion, according to China Nation Commercial Information Center. For volume, retail sales volume of apparel products edged up 5.85% y/y to 33.10 million pieces in Jul.展开更多
China Aug. - Apparel retail sales value in major department stores picked up sharply in Aug. 2011, rising by about 18.94 percent y/y to CNY 10.43 billion, according to Nation
Apparel retail sales value in major department stores rising by 15.65 percent y/y in June in 2012, according to Nation Commercial Information Center of China. Compared with the same period in the year 2011, wom- en’s...Apparel retail sales value in major department stores rising by 15.65 percent y/y in June in 2012, according to Nation Commercial Information Center of China. Compared with the same period in the year 2011, wom- en’s and men’s retail sales value growth of 21.78% and 13.31% respectively. e growth of children’s wear retail sales value was 15.24% y/y.展开更多
Apparel retail sales value in major department stores picked up sharply in Oct.2011,rising by about 14.77per cent y/y to CNY 17.14 billion,according to Nation Commercial Information Center of China.For volume,retail s...Apparel retail sales value in major department stores picked up sharply in Oct.2011,rising by about 14.77per cent y/y to CNY 17.14 billion,according to Nation Commercial Information Center of China.For volume,retail sales volume of apparel展开更多
To simulate the dynamic process of total nitrogen(TN) in seas, numerical modelling combined with the adjoint method is implemented in this study. Because nonpoint source terms(ST) and initial values(IV) of TN are esse...To simulate the dynamic process of total nitrogen(TN) in seas, numerical modelling combined with the adjoint method is implemented in this study. Because nonpoint source terms(ST) and initial values(IV) of TN are essential but difficult to determine, the adjoint method was applied to a numerical model, and the ST and IV terms of TN were inverted via routine monitoring data in the Bohai Sea. In twin experiments, the adjoint method was capable of inverting the prescribed spatio-temporally distributed ST and the spatial distributed IV. In practical experiments, the results demonstrated that the simulation precision with ST inversion was higher than that with IV inversion and was accurate with joint initial values and source term(IST) inversion. This result indicates that nonpoint source TN is essential for the simulation of TN concentration. Furthermore, the simulated results indicate that the pollution in three bays of the Bohai Sea is rather severe. The model in this study is not specific to the Bohai Sea and can be generalized to other areas, such as the Beibu Gulf. These findings may assist in the development of cost-effective controls for accidental or planned industrial pollutant releases into coastal waters.展开更多
基金supported by the Fundamental Research Funds for the Central Universities(Grant Nos.XDJK2012C104)the National Science and Technology Major Project of the Ministry of Science and Technology of China(Grant Nos.2012ZX07104-004)the International S & T Cooperation Program of China(Grant Nos.2013DFG92520)
文摘The preservation of farmland is a growing concern in China because the fact that China possesses limited land resources and the world's largest population presents a clear contradiction. Only when the value of farmland is fully appreciated in commercial markets can farmland preservation be effectively achieved. The current study constructed a model to evaluate the economic, social, and ecological value of farmland in China according to the connotation of values. As a case study, the value of Chinese farmland was estimated in 1999, 2002, 2005, 2008, and 2011 using the established model. Although the amount of farmland was greatly reduced from 1999 to 2011 due to constructive occupation, agricultural restructuring, ecological restoration, and disaster destruction, the value of this farmland increased from 220.71×1012 to 736.26×1012 RMB Yuan as a result of the multifunctional nature and scarcity of farmland during the same period. The potential value of farmland in China was huge, but the value in the market was greatly underestimated, especially in regard to its social and ecological value. This study proposes a new method that integrates the discounted value of all future services provided by a natural resource(for the society and individuals) to evaluate the resource assets, provides a scientific foundation for the preservation and operation of farmland assets, and explores ways to increase farmers' property income.
基金Under the auspices of National Science and Technology Support Program(No.2011BAC09B08-02)
文摘Natural landscapes consist of the natural substances, environment, and phenomena, all of which provide many benefits to people, including a sense of place, sightseeing, relaxing, and recuperating. However, the economic value of natural landscapes has only been recognized in recent decades, and the resulting large-scale decline and degradation of ecosystems now severely threatens the sustainable provision of their services to society. There is an emerging consensus that natural capital should be incorporated into the current socioeconomic accounting system. Many studies valuated natural resources at local and regional scales, but there are very few empirical studies at a national level. To provide a benchmark for natural landscape management on a national scale, we use the travel cost method(TCM) and the contingent valuation method(CVM) to determine the economic value and the spatial distribution of natural landscapes across China. Our results show that the total economic value of China′s natural landscape was 9.75 × 10^(11) U.S. dollars(USD) in 2012. Of this value, the highest proportion was in the eastern and southwestern regions of China, which accounts for 23.7% and 18.3%, respectively. The provinces of Guangdong, Sichuan, Yunnan, Inner Mongolia, and Heilongjiang were the top five in terms of the largest number of natural landscapes and largest economic values. Together, these five provinces accounted for 32.9% of the total number of natural landscapes and 29.4% of the total economic value in 2012. We believe this study will increase awareness of the value of natural landscapes, and more importantly provide a scientific basis for resolving conflicts between development and resource conservation.
基金Supported by 973 Program of China (2010CB434806)NCET Program (NCET-10-0954)+3 种基金Natural Science Foundation of Tianjin City,China (10SYSYJC27400 )Humanities and Social Sciences Research Project of Higher Education of Tianjin City,China(20092117)Doctoral Foundation of Tianjin Normal University(52X09019)Key Project of National Natural Science Foundation of Tianjin City,China (11JCZDJC24500)
文摘[Objective]The study aimed at assessing the whole value of Qilihai Wetland in Tianjin City.[Method]In this study,the whole value of Qilihai Wetland was divided into two parts,namely use value and non-use value.The use value of Qilihai Wetland was estimated by market value,travel cost,shadow project method and so forth,and the non-use value of Qilihai Wetland was assessed by contingent valuation method.[Result]The total value of Qilihai Wetland reached 1.892 billion yuan,wherein the direct use value,including animal and plant products,tourism,scientific and cultural value,was 0.539 billion yuan,accounting for 28% of total value;the indirect use value,composed of functional values in hydrology,water quality,erosion control,CO2 fixation and habitats,was up to 0.965 billion yuan,making up 51%;the non-use value totaled 0.388 billion yuan,taking up 21%.In addition,the ecological benefit of Qilihai Wetland was the maximum,accounting for 72% of total benefit,followed by economic benefit(21%),while the social benefit was the minimum(9%).[Conclusion]The results can provide scientific references for the effective conservation and sustainable utilization of Qilihai Wetland.
基金funded by the grants from the National Social Science Foundation of China(No.06BJY016)the National Natural Science Foundation of China(No.70772101)the Major Project of Key Research Base on Humanities and Social Science of Ministry of Education of China(No.07JJD630007)
文摘In emerging markets, the deviation between the ultimate controlling shareholders' voting rights and their cash flow rights(hereafter "DVC") in the listed firms is quite prevalent. DVC could be introduced due to the ultimate controlling shareholders' opportunistic incentives, as well as by their incentives to improve firm efficiency. This study uses 229 listed firms ultimately controlled by individuals or families(hereafter "entrepreneurial firms") for 2004 in China, to investigate the effect of DVC on firm value and to determine whether it is different between founder and non-founder controlled firms. We find that DVC has a positive effect on firm value for founder controlled firms. This result implies that investors believe that their interests are better protected by founder controlled firms than by non-founder controlled firms.
文摘Through analysis and evaluation on status quo of atmospheric environment in Shennongjia,atmospheric environment capacity in ClassII functional area of Shennongjia was counted by A value method. The results showed that atmospheric environment capacities of SO2,NO2 and PM10in Shennongjia Forest District were respectively 6 268. 8,17 666. 2 and 2 279. 5 t / a,much larger than emissions of air pollutants in Shennongjia in 2012.
文摘Historians of the future will probably define the year 2017 as a watershed moment in the development ofglobalization and the first year in the building of a community with a shared future for mankind. At the beginning of the year,
文摘China May 2012-Apparel retail sales value in major department stores just rising by 11.99 percent y/y , according to Nation Commercial Information Center of China. Apparel retail sales value growth speed slowed down by 9.9% compared with the same period in last year
文摘Apparel retail sales value in major department stores just rising by 15.19 percent y/y to CNY 31.30billion in Jan.2012,according to Nation Commercial Information Center of China. Apparel retail sales value growth speed greatly slowed down by 43.02% compared with the same period in last year and down by 22.5% compared with the same period in the year 2009(Spring Festival also in January).
文摘This paper is based on a study of the Chinese automobile market and industry and aims at proposing marketing recommendations for Chinese automakers. We approach the problem by putting the customer at the central focal point of all marketing operations. We look for agile opportunities in the Chinese automobile industry and identify customers' needs and expectations in the current and future markets and propose solutions to satisfy those needs. We, then, develop a strategic marketing framework based on the 5P marketing model and Blue Ocean Strategy to make best use of the agile opportunities.
文摘China Jul.-Apparel retail sales value in major department stores picked up sharply in Jul. 2011, rising by about 21.79 percent y/y to CNY 10.61 billion, according to China Nation Commercial Information Center. For volume, retail sales volume of apparel products edged up 5.85% y/y to 33.10 million pieces in Jul.
文摘China Aug. - Apparel retail sales value in major department stores picked up sharply in Aug. 2011, rising by about 18.94 percent y/y to CNY 10.43 billion, according to Nation
文摘Apparel retail sales value in major department stores rising by 15.65 percent y/y in June in 2012, according to Nation Commercial Information Center of China. Compared with the same period in the year 2011, wom- en’s and men’s retail sales value growth of 21.78% and 13.31% respectively. e growth of children’s wear retail sales value was 15.24% y/y.
文摘Apparel retail sales value in major department stores picked up sharply in Oct.2011,rising by about 14.77per cent y/y to CNY 17.14 billion,according to Nation Commercial Information Center of China.For volume,retail sales volume of apparel
基金supported by the National Natural Science Foundation of China (Grant Nos. 41371496 & No.41606006)the National Key Research and Development Plan (Grant No. 2016YFC1402304)+1 种基金the Natural Science Foundation of Shandong Province of China (Grant No. ZR2014DM017)the Natural Science Foundation of Zhejiang Province (Grant No. LY15D060001)
文摘To simulate the dynamic process of total nitrogen(TN) in seas, numerical modelling combined with the adjoint method is implemented in this study. Because nonpoint source terms(ST) and initial values(IV) of TN are essential but difficult to determine, the adjoint method was applied to a numerical model, and the ST and IV terms of TN were inverted via routine monitoring data in the Bohai Sea. In twin experiments, the adjoint method was capable of inverting the prescribed spatio-temporally distributed ST and the spatial distributed IV. In practical experiments, the results demonstrated that the simulation precision with ST inversion was higher than that with IV inversion and was accurate with joint initial values and source term(IST) inversion. This result indicates that nonpoint source TN is essential for the simulation of TN concentration. Furthermore, the simulated results indicate that the pollution in three bays of the Bohai Sea is rather severe. The model in this study is not specific to the Bohai Sea and can be generalized to other areas, such as the Beibu Gulf. These findings may assist in the development of cost-effective controls for accidental or planned industrial pollutant releases into coastal waters.