With the deregulation of interest rates in China, the interest rate channel of monetary policy transmission is becoming more and more important. Firstly, this paper makes empirical studies on the transmission mechanis...With the deregulation of interest rates in China, the interest rate channel of monetary policy transmission is becoming more and more important. Firstly, this paper makes empirical studies on the transmission mechanism in China represented by the conventional interest rate channel of monetary policy transmission by using the Granger causality test. The result shows that there is no causality neither between investment expenditure and the market interest rate nor between household consumption and the market interest rate, which suggests that the transmission of monetary policy in China is impeded. Then the reasons from three aspects including interest rate liberalization, asset-backed securitization and household consumption behavior are analyzed.展开更多
We applied a primitive equation ocean model to simulate submesoscale activities and processes over the shelf of the northern South China Sea(NSCS) with a one-way nesting technology for downscaling.The temperature and ...We applied a primitive equation ocean model to simulate submesoscale activities and processes over the shelf of the northern South China Sea(NSCS) with a one-way nesting technology for downscaling.The temperature and density fields showed that submesoscale activities were ubiquitous in the NSCS shelf.The vertical velocity was considerably enhanced in submesoscale processes and could reach an average of 58 m per day in the subsurface.At this point,the mixed layer depth also was deepened along the front,and the surface kinetic energy also increased with the intense vertical movement induced by submesoscale activity.Thus,submesoscale stirring/mixing is important for tracers,such as temperature,salinity,nutrients,dissolved organic,and inorganic carbon.This result may have implication for climate and biogeochemical investigations.展开更多
This paper discusses how the threat of revaluing Chinese currency would impact China and world's economy. The author discusses the issue from 5 perspectives. (1)Revaluing Chinese currency(the renminbi, RMB)would ...This paper discusses how the threat of revaluing Chinese currency would impact China and world's economy. The author discusses the issue from 5 perspectives. (1)Revaluing Chinese currency(the renminbi, RMB)would decreases China's export and increases its import, which will lead to reduce its foreign exchange reserves, and then bring about import decreasing. China's economy will get into recession. China's export decreasing means other countries' import that come from china will reduce and bring about unfavorable influence on international trade. (2) The RMB appreciation will make re-export products dearer and make China less attractive to foreign investment. (3) Both China's banking system and its capital market are under-developed. Revaluing RMB will destabilize China financial market, even though world financial market. (4) If the risk comes from revaluing the RMB become true, it will hinder the transformation of the China's foreign exchange system. (5) Priced Chinese exports due to revaluing the RMB will worsen China's already grim employment situation. Since above negative influences will produce from Revaluing the RMB, it is wise for China to choose stabilizing the RMB rather then Revaluing the RMB.展开更多
This works examine the responses of housing prices to the monetary policies in various Chinese cities. Thirty-five large and medium sized Chinese cities are classified into six clusters applying the minimum variance c...This works examine the responses of housing prices to the monetary policies in various Chinese cities. Thirty-five large and medium sized Chinese cities are classified into six clusters applying the minimum variance clustering method according to the calculated correlation coefficients between the housing price indices of every two cities.Time difference correlation analysis is then employed to quantify the relations between the housing price indices of the six clusters and the monetary policies.It is suggested that the housing prices of various cities evolved at different paces and their responses to the monetary policies are heterogeneous,and local economic features are more important than geographic distances in determining the housing price trends.展开更多
CEE (Central Eastern European) region comprises a group of countries at a relatively similar stage of economic development and with the common objective of becoming member of EU. The size of the market has pushed CE...CEE (Central Eastern European) region comprises a group of countries at a relatively similar stage of economic development and with the common objective of becoming member of EU. The size of the market has pushed CEE countries to find ways towards a larger market. Joint forces, into free trade agreements, have contributed to their economic growth and European Integration. How did it happened, and what are the consequences of free trade agreements, under the example of Albania, it has been studied and analyzed, through data collections from different sources like the WB, IMF, National Banks, business round table discussions, etc.. Among all the free trade agreements CEFTA has shown to be the most effective. Central European Free Trade Agreement, CEFTA, since 2006, has been a tool to businesses making the rules and regulations governing trade in the European Region. It has contributed to make trade simpler and increasingly harmonized all procedures with those of the EU and the WTO (World Trade Organization). As a conclusion, CEFTA experience has shown to have improved considerably business ability of developing European economies, to trade with the EU countries and the world. CEFTA has created an attractive market for investments while before the market in the Region was fragmented and unattractive to important investments, has promoted growth, and contributed to job creation. Albania is a recent success of it.展开更多
Applying "General to Specific" (GETS) modeling and using PcGets software, this paper studies the relationship between inflation, money supply, output gap, the exchange rate and crude oil prices in China. The empir...Applying "General to Specific" (GETS) modeling and using PcGets software, this paper studies the relationship between inflation, money supply, output gap, the exchange rate and crude oil prices in China. The empirical study supports the view that a long-term positive correlation exists between inflation and money supply. However, inflation is not an entirely "monetary phenomenon. "In addition to money supply, other variables also affect inflation. Similarly, there is significant correlation between output gap and inflation. In addition, we cannot overlook the impact of exchange rates on inflation.展开更多
On June 25, 2016, the Long March 7(LM-7) launch vehicle completed its maiden flight successfully. LM-7, as a new generation of medium and basic launch vehicle based on the design concepts of non-toxic and nonpolluting...On June 25, 2016, the Long March 7(LM-7) launch vehicle completed its maiden flight successfully. LM-7, as a new generation of medium and basic launch vehicle based on the design concepts of non-toxic and nonpolluting, was developed for the purpose of launching a cargo spacecraft to the Chinese space station. Based on the experience on launching cargo spacecraft and satellites, LM-7 can be adapted for mainstream satellite launch missions in the future with its characteristics of serialization and continuous optimization. LM-7 is expected to be used to launch manned spacecraft in the future. This paper presents a general review of LM-7 with regard to the general scheme and provides references for the development prospects of a medium launch vehicle series in China.展开更多
Using input-output tables of China and the U.S., this paper has calculated the pollution embodied in trade and structure of pollution, the balance of emissions embodied in trade (BEET) and the pollution terms of tra...Using input-output tables of China and the U.S., this paper has calculated the pollution embodied in trade and structure of pollution, the balance of emissions embodied in trade (BEET) and the pollution terms of trade (PTT) for 18 manufacturing sectors of China and the US. between 2001 and 2010. The calculation aims to verify whether China has become a "pollution haven" in bilateral trade with developed countries represented by the U.S., and whether Chinese exports are "dirtier" compared with imports from the U.S., and further conducting an industry structure analysis and effect decomposition study on pollution embodied in trade in industrial goods between China and U.S.. Result of our research indicates that according to our calculation of the BEET, China remains a country with environmental deficits in bilateral trade with the U.S. while the gaps between pollution embodied in China's export and import are narrowing. Pollution embodied in China's export has the tendency of increase before decline while pollution embodied in import demonstrates no significant tendency of decline. Through effect decomposition, we further found that the effect of technology arising from the substantial decline of pollution intensity effectively lowered pollution embodied in export and narrowed the environmental deficits of China in its bilateral trade. The effect of scale arising from growing export volumes significantly increased China's environmental deficits while the structural effect arising from changes in the structure of import and export is insignificant in reducing environmental deficits. Our calculation of the PTT led to the finding that China's export goods are more pollution intensive compared with import goods and that the structure of US exports to China is cleaner than the structure of Chinese exports to the US., which requires further improvements of China's import and export structure.展开更多
In recent years, China's energy demand and Greenhouse gas (GHG) emissions have grown very fast, quite an amount of which was exported as energy embodied in goods in international trade rather than consumed domesti...In recent years, China's energy demand and Greenhouse gas (GHG) emissions have grown very fast, quite an amount of which was exported as energy embodied in goods in international trade rather than consumed domestically. Starting from the concept of embodied energy, based on input-output energy analysis approach, in this paper the energy embodied in goods in international trade of China during the period from 2001 to 2006 is calculated. The results show that although China has become a net importer of petroleum since 1993, China is a net exporter of embodied energy due to international trade in goods. In 2002, the total amount of energy embodied in exported goods was about 410 million tce (ton of coal equivalent, hereinafter referred to as "tce"). Eliminating the amount of energy embodied in imported goods of about 170 million tce, the net export of embodied energy was about 240 million tce, accounting for 16% of the aggregate primary energy consumption of that very year in China, and the net export of embodied emissions was about 150 million tons of carbon. With the rapid growth of China's international trade, assuming no structural input-output changes of among sectors, in 2006 the net export of embodied energy went up to about 630 million tce, an increase of 162 % over 2002. In addition, this paper also analyzes the possible sources of error in calculation, and also discusses the policy implications according to the result of the calculation.展开更多
The paper firstly represents two kind statements of China money multipliers and theoretically analyzes the relationship between each structure factor and China money multiplier. Secondly, it summarizes the several fea...The paper firstly represents two kind statements of China money multipliers and theoretically analyzes the relationship between each structure factor and China money multiplier. Secondly, it summarizes the several features and the move trends of China narrow and broad money multipliers and their structure factors. Thirdly, the paper empirically analyzes how and what degree the each structure factor affects China narrow and broad money multipliers holding everything else constant. At last two important conclusions are got, that is, the required reserve ratio is the most associated with China money multipliers and the saving deposit ratio is more associated with that, the required reserve ratio and the interest rates can be used as the ways of affecting money aggregate by the People's Bank of China.展开更多
In recent years,scientists have been increasingly interested in the energy embodied in traded goods among countries.In this article,the direct energy intensities in various economic sectors of China were calculated wi...In recent years,scientists have been increasingly interested in the energy embodied in traded goods among countries.In this article,the direct energy intensities in various economic sectors of China were calculated with the data of energy consumption and output value of each sector,and the input-output table was used to estimate the external energy consumption.The total energy intensity of all sectors was then obtained.From the data of international trade,the energy embodied in goods trade of China was estimated for the period of 1994-2001.During this period,the average energy intensity of imported goods was always higher than that of exported ones.As a country with a surplus in international goods trade,China actually imported net embodied energy in the past few years.The net embodied energy imported was at the same magnitude of the imported energy in the form of fossil fuels.展开更多
The EU, the United States and other economies, with the intention to implement unilateral trade measures Border Carbon Adjustments, impose emission reduction pressure on developing countries. Once implemented, the mea...The EU, the United States and other economies, with the intention to implement unilateral trade measures Border Carbon Adjustments, impose emission reduction pressure on developing countries. Once implemented, the measures will have great impact on China's foreign trade. Using the input-output table in 2007, this paper had analyzed the influences on China's foreign trade as a whole and sub-sectors in three tax rates scenarios. The results showed that the tariff level of China's exports will increase by 3.6%-6.3% if the tax was levied on exports embodied emissions, and by 1.0%-1.7% if levied on export direct emissions. In 2007, the former total amount of carbon tax was about US$42.6-73.0 billion, 4 times that of the latter. Based on export embodied emissions, sectors largely influenced were non-traditional energy intensive ones, such as textile, et al. These sectors should be encour-aged to carry out industrial upgrading, raising the value-added of export goods, and reducing their embodied emissions by reduction of energy intensity. Taking into account of the complexity of data collection, the tax levied on products direct emission is more operational. The results showed that the five top sectors most affected were other chemical materials, processing of petroleum and nuclear fuel, coking, smelting and rolling of ferrous metal and textile. Most of them were energy intensive sectors. Therefore, adjusting export products structure, and controlling too fast development of energy intensive industries are also important strategies in China.展开更多
Stock exchange market responses to macroeconomic fluctuations show deviations between countries in terms of direction, magnitude and duration due to the idiosyncratic characteristics of the countries. The paper empiri...Stock exchange market responses to macroeconomic fluctuations show deviations between countries in terms of direction, magnitude and duration due to the idiosyncratic characteristics of the countries. The paper empirically searches for the identification of these variations for CEECs, namely Czech Republic, Hungary, Poland, Slovak Republic and also Turkey for the period of December, 1999 to December, 2009. The empirical analyses demonstrate that for each CEEC, stock exchange market responds positively to industrial production and to appreciation of local currency. Czech Republic and Hungary display negative and the rest display positive response to M1, whereas the response of stock market to CB policy rate shows mixed results for each country. Besides, foreign exchange market returns are found to be the variable with the highest significance in explaining the stock exchange market returns. These findings point out to arbitrage opportunities for investors and give insight to Monetary Policy Authorities about the Monetary Transmission Mechanisms of the countries.展开更多
Electric power market is the lifeblood of business survival, electric power is the power of marketing the company' s core business and it is related to the survival and development of the electricity business. Power ...Electric power market is the lifeblood of business survival, electric power is the power of marketing the company' s core business and it is related to the survival and development of the electricity business. Power supply enterprises are to strengthen management, improve efficiency, and reduce costs, we must establish a customer-oriented new concept "big marketing, big market, big serve," through the analysis of the current electricity market environment, we can develop appropriate marketing power strategy to effectively open up the electricity market and improve power enterprises in the market economy ' s competitiveness.展开更多
1.1. Development of international data exchange standards in securities field Securities market involves a large number of participants, like investors, securities companies, exchanges, clearingcorporations and so on...1.1. Development of international data exchange standards in securities field Securities market involves a large number of participants, like investors, securities companies, exchanges, clearingcorporations and so on. Businesses among the participants are completed via data exchange. Therefore, the data exchange protocols serve an important factor to determine and promote the sate and rapid development of the securities market.展开更多
This paper based on the analysis and comparison of two major changes of our road freight market affected by reforming andopening-up, and discusses that the origin, course and motivation of the Logistics public informa...This paper based on the analysis and comparison of two major changes of our road freight market affected by reforming andopening-up, and discusses that the origin, course and motivation of the Logistics public information platform(LPIP). Then it Points that theessential reason is the asymmetry of information exchange, course of its development is in order to meet the different needs of different stagesof the market continuously adjusted to the function of a process of development, but also development of the market to a specifi c stage of theinevitable demand.展开更多
文摘With the deregulation of interest rates in China, the interest rate channel of monetary policy transmission is becoming more and more important. Firstly, this paper makes empirical studies on the transmission mechanism in China represented by the conventional interest rate channel of monetary policy transmission by using the Granger causality test. The result shows that there is no causality neither between investment expenditure and the market interest rate nor between household consumption and the market interest rate, which suggests that the transmission of monetary policy in China is impeded. Then the reasons from three aspects including interest rate liberalization, asset-backed securitization and household consumption behavior are analyzed.
基金Supported by the Knowledge Innovation Program of the Chinese Academy of Sciences (Nos.KZCX1-YW-12-04,KZCX2-YW-201)
文摘We applied a primitive equation ocean model to simulate submesoscale activities and processes over the shelf of the northern South China Sea(NSCS) with a one-way nesting technology for downscaling.The temperature and density fields showed that submesoscale activities were ubiquitous in the NSCS shelf.The vertical velocity was considerably enhanced in submesoscale processes and could reach an average of 58 m per day in the subsurface.At this point,the mixed layer depth also was deepened along the front,and the surface kinetic energy also increased with the intense vertical movement induced by submesoscale activity.Thus,submesoscale stirring/mixing is important for tracers,such as temperature,salinity,nutrients,dissolved organic,and inorganic carbon.This result may have implication for climate and biogeochemical investigations.
文摘This paper discusses how the threat of revaluing Chinese currency would impact China and world's economy. The author discusses the issue from 5 perspectives. (1)Revaluing Chinese currency(the renminbi, RMB)would decreases China's export and increases its import, which will lead to reduce its foreign exchange reserves, and then bring about import decreasing. China's economy will get into recession. China's export decreasing means other countries' import that come from china will reduce and bring about unfavorable influence on international trade. (2) The RMB appreciation will make re-export products dearer and make China less attractive to foreign investment. (3) Both China's banking system and its capital market are under-developed. Revaluing RMB will destabilize China financial market, even though world financial market. (4) If the risk comes from revaluing the RMB become true, it will hinder the transformation of the China's foreign exchange system. (5) Priced Chinese exports due to revaluing the RMB will worsen China's already grim employment situation. Since above negative influences will produce from Revaluing the RMB, it is wise for China to choose stabilizing the RMB rather then Revaluing the RMB.
基金Supported by the Hundred Talent Program of the Chinese Academy of Sciences,the National Natural Science Foundation of China under Grant Nos.71103179 and 71102129Program for Young Innovative Research Team in China University of Political Science and Law, 2010 Fund Project under the Ministry of Education of China for Youth Who are Devoted to Humanities and Social Sciences Research 10YJC630425
文摘This works examine the responses of housing prices to the monetary policies in various Chinese cities. Thirty-five large and medium sized Chinese cities are classified into six clusters applying the minimum variance clustering method according to the calculated correlation coefficients between the housing price indices of every two cities.Time difference correlation analysis is then employed to quantify the relations between the housing price indices of the six clusters and the monetary policies.It is suggested that the housing prices of various cities evolved at different paces and their responses to the monetary policies are heterogeneous,and local economic features are more important than geographic distances in determining the housing price trends.
文摘CEE (Central Eastern European) region comprises a group of countries at a relatively similar stage of economic development and with the common objective of becoming member of EU. The size of the market has pushed CEE countries to find ways towards a larger market. Joint forces, into free trade agreements, have contributed to their economic growth and European Integration. How did it happened, and what are the consequences of free trade agreements, under the example of Albania, it has been studied and analyzed, through data collections from different sources like the WB, IMF, National Banks, business round table discussions, etc.. Among all the free trade agreements CEFTA has shown to be the most effective. Central European Free Trade Agreement, CEFTA, since 2006, has been a tool to businesses making the rules and regulations governing trade in the European Region. It has contributed to make trade simpler and increasingly harmonized all procedures with those of the EU and the WTO (World Trade Organization). As a conclusion, CEFTA experience has shown to have improved considerably business ability of developing European economies, to trade with the EU countries and the world. CEFTA has created an attractive market for investments while before the market in the Region was fragmented and unattractive to important investments, has promoted growth, and contributed to job creation. Albania is a recent success of it.
文摘Applying "General to Specific" (GETS) modeling and using PcGets software, this paper studies the relationship between inflation, money supply, output gap, the exchange rate and crude oil prices in China. The empirical study supports the view that a long-term positive correlation exists between inflation and money supply. However, inflation is not an entirely "monetary phenomenon. "In addition to money supply, other variables also affect inflation. Similarly, there is significant correlation between output gap and inflation. In addition, we cannot overlook the impact of exchange rates on inflation.
文摘On June 25, 2016, the Long March 7(LM-7) launch vehicle completed its maiden flight successfully. LM-7, as a new generation of medium and basic launch vehicle based on the design concepts of non-toxic and nonpolluting, was developed for the purpose of launching a cargo spacecraft to the Chinese space station. Based on the experience on launching cargo spacecraft and satellites, LM-7 can be adapted for mainstream satellite launch missions in the future with its characteristics of serialization and continuous optimization. LM-7 is expected to be used to launch manned spacecraft in the future. This paper presents a general review of LM-7 with regard to the general scheme and provides references for the development prospects of a medium launch vehicle series in China.
基金supported by the Foundation of Tianjin Educational Committee(Grant No.20112401)
文摘Using input-output tables of China and the U.S., this paper has calculated the pollution embodied in trade and structure of pollution, the balance of emissions embodied in trade (BEET) and the pollution terms of trade (PTT) for 18 manufacturing sectors of China and the US. between 2001 and 2010. The calculation aims to verify whether China has become a "pollution haven" in bilateral trade with developed countries represented by the U.S., and whether Chinese exports are "dirtier" compared with imports from the U.S., and further conducting an industry structure analysis and effect decomposition study on pollution embodied in trade in industrial goods between China and U.S.. Result of our research indicates that according to our calculation of the BEET, China remains a country with environmental deficits in bilateral trade with the U.S. while the gaps between pollution embodied in China's export and import are narrowing. Pollution embodied in China's export has the tendency of increase before decline while pollution embodied in import demonstrates no significant tendency of decline. Through effect decomposition, we further found that the effect of technology arising from the substantial decline of pollution intensity effectively lowered pollution embodied in export and narrowed the environmental deficits of China in its bilateral trade. The effect of scale arising from growing export volumes significantly increased China's environmental deficits while the structural effect arising from changes in the structure of import and export is insignificant in reducing environmental deficits. Our calculation of the PTT led to the finding that China's export goods are more pollution intensive compared with import goods and that the structure of US exports to China is cleaner than the structure of Chinese exports to the US., which requires further improvements of China's import and export structure.
基金sponsored by China Office of World Wide Fund for Nature(WWF)(No.:CN01010123514)
文摘In recent years, China's energy demand and Greenhouse gas (GHG) emissions have grown very fast, quite an amount of which was exported as energy embodied in goods in international trade rather than consumed domestically. Starting from the concept of embodied energy, based on input-output energy analysis approach, in this paper the energy embodied in goods in international trade of China during the period from 2001 to 2006 is calculated. The results show that although China has become a net importer of petroleum since 1993, China is a net exporter of embodied energy due to international trade in goods. In 2002, the total amount of energy embodied in exported goods was about 410 million tce (ton of coal equivalent, hereinafter referred to as "tce"). Eliminating the amount of energy embodied in imported goods of about 170 million tce, the net export of embodied energy was about 240 million tce, accounting for 16% of the aggregate primary energy consumption of that very year in China, and the net export of embodied emissions was about 150 million tons of carbon. With the rapid growth of China's international trade, assuming no structural input-output changes of among sectors, in 2006 the net export of embodied energy went up to about 630 million tce, an increase of 162 % over 2002. In addition, this paper also analyzes the possible sources of error in calculation, and also discusses the policy implications according to the result of the calculation.
文摘The paper firstly represents two kind statements of China money multipliers and theoretically analyzes the relationship between each structure factor and China money multiplier. Secondly, it summarizes the several features and the move trends of China narrow and broad money multipliers and their structure factors. Thirdly, the paper empirically analyzes how and what degree the each structure factor affects China narrow and broad money multipliers holding everything else constant. At last two important conclusions are got, that is, the required reserve ratio is the most associated with China money multipliers and the saving deposit ratio is more associated with that, the required reserve ratio and the interest rates can be used as the ways of affecting money aggregate by the People's Bank of China.
基金supported by NSFC (Grant no.70703008)Key Projects of Philosophy and Social Sciences Research of Chinese Ministry of Education (Grant no.07JZD0008)
文摘In recent years,scientists have been increasingly interested in the energy embodied in traded goods among countries.In this article,the direct energy intensities in various economic sectors of China were calculated with the data of energy consumption and output value of each sector,and the input-output table was used to estimate the external energy consumption.The total energy intensity of all sectors was then obtained.From the data of international trade,the energy embodied in goods trade of China was estimated for the period of 1994-2001.During this period,the average energy intensity of imported goods was always higher than that of exported ones.As a country with a surplus in international goods trade,China actually imported net embodied energy in the past few years.The net embodied energy imported was at the same magnitude of the imported energy in the form of fossil fuels.
文摘The EU, the United States and other economies, with the intention to implement unilateral trade measures Border Carbon Adjustments, impose emission reduction pressure on developing countries. Once implemented, the measures will have great impact on China's foreign trade. Using the input-output table in 2007, this paper had analyzed the influences on China's foreign trade as a whole and sub-sectors in three tax rates scenarios. The results showed that the tariff level of China's exports will increase by 3.6%-6.3% if the tax was levied on exports embodied emissions, and by 1.0%-1.7% if levied on export direct emissions. In 2007, the former total amount of carbon tax was about US$42.6-73.0 billion, 4 times that of the latter. Based on export embodied emissions, sectors largely influenced were non-traditional energy intensive ones, such as textile, et al. These sectors should be encour-aged to carry out industrial upgrading, raising the value-added of export goods, and reducing their embodied emissions by reduction of energy intensity. Taking into account of the complexity of data collection, the tax levied on products direct emission is more operational. The results showed that the five top sectors most affected were other chemical materials, processing of petroleum and nuclear fuel, coking, smelting and rolling of ferrous metal and textile. Most of them were energy intensive sectors. Therefore, adjusting export products structure, and controlling too fast development of energy intensive industries are also important strategies in China.
文摘Stock exchange market responses to macroeconomic fluctuations show deviations between countries in terms of direction, magnitude and duration due to the idiosyncratic characteristics of the countries. The paper empirically searches for the identification of these variations for CEECs, namely Czech Republic, Hungary, Poland, Slovak Republic and also Turkey for the period of December, 1999 to December, 2009. The empirical analyses demonstrate that for each CEEC, stock exchange market responds positively to industrial production and to appreciation of local currency. Czech Republic and Hungary display negative and the rest display positive response to M1, whereas the response of stock market to CB policy rate shows mixed results for each country. Besides, foreign exchange market returns are found to be the variable with the highest significance in explaining the stock exchange market returns. These findings point out to arbitrage opportunities for investors and give insight to Monetary Policy Authorities about the Monetary Transmission Mechanisms of the countries.
文摘Electric power market is the lifeblood of business survival, electric power is the power of marketing the company' s core business and it is related to the survival and development of the electricity business. Power supply enterprises are to strengthen management, improve efficiency, and reduce costs, we must establish a customer-oriented new concept "big marketing, big market, big serve," through the analysis of the current electricity market environment, we can develop appropriate marketing power strategy to effectively open up the electricity market and improve power enterprises in the market economy ' s competitiveness.
文摘1.1. Development of international data exchange standards in securities field Securities market involves a large number of participants, like investors, securities companies, exchanges, clearingcorporations and so on. Businesses among the participants are completed via data exchange. Therefore, the data exchange protocols serve an important factor to determine and promote the sate and rapid development of the securities market.
文摘This paper based on the analysis and comparison of two major changes of our road freight market affected by reforming andopening-up, and discusses that the origin, course and motivation of the Logistics public information platform(LPIP). Then it Points that theessential reason is the asymmetry of information exchange, course of its development is in order to meet the different needs of different stagesof the market continuously adjusted to the function of a process of development, but also development of the market to a specifi c stage of theinevitable demand.