Seoul Metro is Seoul’s leading metro company, transporting up to 3 billion people annually. However, future ridership is expected to plummet due to an aging and shrinking population with one of the fastest declining ...Seoul Metro is Seoul’s leading metro company, transporting up to 3 billion people annually. However, future ridership is expected to plummet due to an aging and shrinking population with one of the fastest declining total fertility rates in the world. The COVID-19 pandemic in 2019 accelerated this phenomenon. On the contrary, the e-commerce and home delivery industries have developed significantly since COVID-19. Seoul’s current logistics infrastructure cannot handle it. Under the inflection point of declining passenger transportation demand and increasing urban logistics demand, urban rail operators need new growth engines. Therefore, it is necessary to consider the introduction of an UULS (underground urban logistics system) that transports parcels instead of passengers through urban railways. If the UULS becomes a reality, it can be expected to secure scarce logistics land in cities, protect the environment and prevent traffic congestion by operating eco-friendly mass urban transportation, and acquire new revenue sources for urban rail operators. The UULS’s B/C ratio is 1.32. The sensitivity analysis shows that the ratio is above 1 in most cases where the unit cost of transportation is not significantly reduced.展开更多
China will face some structural challenges in the next five years. Global interest rates will likely rise. The labor force in China is shrinldng. Property and infrastructure investments face constraints as growth is ...China will face some structural challenges in the next five years. Global interest rates will likely rise. The labor force in China is shrinldng. Property and infrastructure investments face constraints as growth is driven. Financial risks have reached alarming levels.展开更多
It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced tec...It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced technology andmanagement methods and expand the export-oriented economy. Since 1992, 18 otherdevelopment zones have been approved bythe Council, increasing the number of suchzones to 32.展开更多
At a working conference, Vice Mayor Lu Yucheng presented a plan for Beijing’s 1997 work in foreign trade and economic cooperation. The general task is to carry out the strategy of great economy and trade, expand expo...At a working conference, Vice Mayor Lu Yucheng presented a plan for Beijing’s 1997 work in foreign trade and economic cooperation. The general task is to carry out the strategy of great economy and trade, expand exports, use foreign funds reasonably and effectively, and conduct international economic and technical cooperation. The major target is to complete export volume of US$2.3 billion. Last year’s import and展开更多
The less developed central and western parts of China have become the fastest growing regions in the entire country The central and western regions of China are fast replacing the east coast as the new major driving f...The less developed central and western parts of China have become the fastest growing regions in the entire country The central and western regions of China are fast replacing the east coast as the new major driving force in the Chinese economy. It is a remarkable transformation during展开更多
A year after Lehman Brothers collapsed, economists and business leaders met in Dalian to discuss a path to sustainable growth different from that before the
The Chinese economy has achieved remarkable development over the past 40 years of reform and opening-up.However,with the narrowing of potential for efficiency improvement from resources reallocation and changes in pop...The Chinese economy has achieved remarkable development over the past 40 years of reform and opening-up.However,with the narrowing of potential for efficiency improvement from resources reallocation and changes in population age structure,the Chinese economy has moved from high-speed growth to high-quality development.In this setting,understanding factor endowment and comparative advantages of the economy from a perspective of human capital structure so as to enhance industrial structure adaptability by riding the trend is of significance for cultivating new driving force for economic development.This paper,following a theoretical paradigm of new structural economics,demonstrates how human capital structure matches industrial structure and the presence of optimal human capital structure using mathematical deduction.On this basis,national level panel data and instrumental variables are adopted for generalized method of moments,the results of which shows that there are varied impacts on economic growth in light of different human capital structure characteristics.The proportions of high-level human capital and medium-level human capital boost economic development,while that of low-level human capital has an inhibitory effect on economic growth.The policy implication of this study is that large economies should diversify efforts as per different human capital structure characteristics in terms of development need of tapping growth impetus from human capital structure improvement.It is of equal importance to raise the proportion of high and medium human capital in order to stimulate economic growth and to cut the proportion of low human capital that hinders economic development.展开更多
In the golden September,leaders of the world’s 20 major economies all gathered in the city of Hangzhou,discussing how to transform the lackluster global economy into the'innovative,invigorated,interconnected and ...In the golden September,leaders of the world’s 20 major economies all gathered in the city of Hangzhou,discussing how to transform the lackluster global economy into the'innovative,invigorated,interconnected and inclusive'one,a vision proposed by the host country of China.This is the first time that China,the world’s second largest economy,took the presidency of the prime platform of global economic governance.The Business 20(B20)summit,which started on September 3展开更多
Hot summer not only hampers the pace of people’s participation in outdoor sports,but also ignites the insiders’and more and more outdoor-sport lovers’enthusiasm.
Based on the theory of unbalanced growth,we analyze priority strategy of different regions in China.It is prior to enhance the quality of urbanization in the East,make a long-term planning for construction of small to...Based on the theory of unbalanced growth,we analyze priority strategy of different regions in China.It is prior to enhance the quality of urbanization in the East,make a long-term planning for construction of small towns,focus on harmony between human and nature,so as to realize its development to integrate with international urbanization level.For the middle areas,urbanization and construction of new countryside should be developed simultaneously,take a road of interactive development of urban and rural areas,finally to raise the level of urbanization.As to the western areas,it is required to firstly build new countryside,focus on construction of infrastructural facilities,adjust and optimize structure of agricultural production,and push forward the agricultural industrialization.展开更多
基金the Ministry of Land,Infrastructure and Transport and Korea Agency for Infrastructure Technology Advancement(22HCLP-C163194-02)。
文摘Seoul Metro is Seoul’s leading metro company, transporting up to 3 billion people annually. However, future ridership is expected to plummet due to an aging and shrinking population with one of the fastest declining total fertility rates in the world. The COVID-19 pandemic in 2019 accelerated this phenomenon. On the contrary, the e-commerce and home delivery industries have developed significantly since COVID-19. Seoul’s current logistics infrastructure cannot handle it. Under the inflection point of declining passenger transportation demand and increasing urban logistics demand, urban rail operators need new growth engines. Therefore, it is necessary to consider the introduction of an UULS (underground urban logistics system) that transports parcels instead of passengers through urban railways. If the UULS becomes a reality, it can be expected to secure scarce logistics land in cities, protect the environment and prevent traffic congestion by operating eco-friendly mass urban transportation, and acquire new revenue sources for urban rail operators. The UULS’s B/C ratio is 1.32. The sensitivity analysis shows that the ratio is above 1 in most cases where the unit cost of transportation is not significantly reduced.
文摘China will face some structural challenges in the next five years. Global interest rates will likely rise. The labor force in China is shrinldng. Property and infrastructure investments face constraints as growth is driven. Financial risks have reached alarming levels.
文摘It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced technology andmanagement methods and expand the export-oriented economy. Since 1992, 18 otherdevelopment zones have been approved bythe Council, increasing the number of suchzones to 32.
文摘At a working conference, Vice Mayor Lu Yucheng presented a plan for Beijing’s 1997 work in foreign trade and economic cooperation. The general task is to carry out the strategy of great economy and trade, expand exports, use foreign funds reasonably and effectively, and conduct international economic and technical cooperation. The major target is to complete export volume of US$2.3 billion. Last year’s import and
文摘The less developed central and western parts of China have become the fastest growing regions in the entire country The central and western regions of China are fast replacing the east coast as the new major driving force in the Chinese economy. It is a remarkable transformation during
文摘A year after Lehman Brothers collapsed, economists and business leaders met in Dalian to discuss a path to sustainable growth different from that before the
文摘The Chinese economy has achieved remarkable development over the past 40 years of reform and opening-up.However,with the narrowing of potential for efficiency improvement from resources reallocation and changes in population age structure,the Chinese economy has moved from high-speed growth to high-quality development.In this setting,understanding factor endowment and comparative advantages of the economy from a perspective of human capital structure so as to enhance industrial structure adaptability by riding the trend is of significance for cultivating new driving force for economic development.This paper,following a theoretical paradigm of new structural economics,demonstrates how human capital structure matches industrial structure and the presence of optimal human capital structure using mathematical deduction.On this basis,national level panel data and instrumental variables are adopted for generalized method of moments,the results of which shows that there are varied impacts on economic growth in light of different human capital structure characteristics.The proportions of high-level human capital and medium-level human capital boost economic development,while that of low-level human capital has an inhibitory effect on economic growth.The policy implication of this study is that large economies should diversify efforts as per different human capital structure characteristics in terms of development need of tapping growth impetus from human capital structure improvement.It is of equal importance to raise the proportion of high and medium human capital in order to stimulate economic growth and to cut the proportion of low human capital that hinders economic development.
文摘In the golden September,leaders of the world’s 20 major economies all gathered in the city of Hangzhou,discussing how to transform the lackluster global economy into the'innovative,invigorated,interconnected and inclusive'one,a vision proposed by the host country of China.This is the first time that China,the world’s second largest economy,took the presidency of the prime platform of global economic governance.The Business 20(B20)summit,which started on September 3
文摘Hot summer not only hampers the pace of people’s participation in outdoor sports,but also ignites the insiders’and more and more outdoor-sport lovers’enthusiasm.
基金Supported by the Research Base of Humanities & Social Science(2011) under Department of Education of Guizhou Provincethe General Project of Humanities & Social Science (2010) of Guizhou University (GDYB2010007)
文摘Based on the theory of unbalanced growth,we analyze priority strategy of different regions in China.It is prior to enhance the quality of urbanization in the East,make a long-term planning for construction of small towns,focus on harmony between human and nature,so as to realize its development to integrate with international urbanization level.For the middle areas,urbanization and construction of new countryside should be developed simultaneously,take a road of interactive development of urban and rural areas,finally to raise the level of urbanization.As to the western areas,it is required to firstly build new countryside,focus on construction of infrastructural facilities,adjust and optimize structure of agricultural production,and push forward the agricultural industrialization.
