The optimization policy of the purchase price and the profit under vendor managed inventory(VMI) is studied. For a salable product, supply chain mode of VMI is established, which is based on deterministic demand, havi...The optimization policy of the purchase price and the profit under vendor managed inventory(VMI) is studied. For a salable product, supply chain mode of VMI is established, which is based on deterministic demand, having initial stock and having stock-out cost. With the further analysis of the mode, VMI is found to increase profits of the buyer in the short-term motivation. But VMI will reduce profits of the supplier under the matching condition. And in the short-term motivation, VMI will increase the purchase price to compensate the transfer cost of the supplier. As a result, the foundation of theory is provided to implement VMI in the supply chain, and have some definituded project significance.展开更多
In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that...In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that marked significant gains for both CNPC’s operational and non-operational business,and the company also did excellent work in terms of international trading。展开更多
China collects over US$3.32b in mineral resources compensation fee China collected 20.37 billion yuan(US$3.32 billion)in compensation fees for mineral resources in 2014,the second highest following the record of 21.25...China collects over US$3.32b in mineral resources compensation fee China collected 20.37 billion yuan(US$3.32 billion)in compensation fees for mineral resources in 2014,the second highest following the record of 21.25 billion set in2013,according to the Ministry of Land and Resources.The mineral resource compensation fee was introduced in1994 and assessed at an average of 1.18 percent of sales revenues for miners.One of the purposes in展开更多
This paper studies the trend in which industrial enterprises’benefits allocation pattern changed,and the reasons for those rapid changes in China from 1997 to 2007.The results reveal that the benefits allocation patt...This paper studies the trend in which industrial enterprises’benefits allocation pattern changed,and the reasons for those rapid changes in China from 1997 to 2007.The results reveal that the benefits allocation pattern of industrial enterprises in China changed rapidly during the periods of 1998-2000 and 2003-2007.This paper discovers that the ramifications of state-owned enterprises’three-year reform plan,aimed at getting themselves out of a dire economic predicament,are the main reasons for the rapid changes in industrial enterprises’benefits allocation pattern from 1998 to 2000.The structural changes in ex-factory price of industrial products from 2003 were the main reason benefits allocation patterns of industrial enterprises changed in favor of capital during 2003-2007.展开更多
Urban natural gas is becoming the main sector driving China’s natural gas consumption growth in recent years.This study explores the impacts of urban natural gas price,wage,socioeconomic determinants,and meteorologic...Urban natural gas is becoming the main sector driving China’s natural gas consumption growth in recent years.This study explores the impacts of urban natural gas price,wage,socioeconomic determinants,and meteorological conditions on urban natural gas demand in China over 2006-2017.Furthermore,this study also analyzes the potential regional heterogeneity and asymmetry in the impacts of gas price and income on China’s urban gas demand.Empirical results reveal that:(1)The increased gas price can significantly reduce the urban gas demand,and the average income level may effectively promote the gas demand,also,a strong switching effect exists between electricity and natural gas in urban China;(2)these impacts are heterogeneous in regions among China,urban natural gas demand is largely affected by the gas price in regions with high-gas-price and by income in regions with low-gas-price;and(3)the impact of gas price on urban gas consumption is consistent in regions with different urban natural gas consumption,while the impact of income is asymmetric.This study further provides several policy implications for improving the urban natural gas industry in China.展开更多
This paper analyzes Chinese enterprise industrial profit distribution and profitability rise between 1998 and 2005. Looking at it from the perspective of drivers of total growth, this paper will provide an in-depth an...This paper analyzes Chinese enterprise industrial profit distribution and profitability rise between 1998 and 2005. Looking at it from the perspective of drivers of total growth, this paper will provide an in-depth analysis of the origins and industry-level factors involved in this growth. It reaches the conclusion that structural change in profits was the main driving force for profit increases, to which heavy industry contributed greatly. Light and machine building industry profit rates improved due to increases in productivity levels, while energy and raw material industry profits increased due to increases in product prices. In addition, average wages grew slower than GDP, and wages among industries varied widely. In general however, this paper sets out to determine which enterprises gained from increases in industrial profitability, and how this gain came about.展开更多
An analysis of the sources of profit growth for China's state-owned industry since 1999 indicates that the key source of profit growth is not the high productivity of state-owned enterprises (SOEs) but rather thei...An analysis of the sources of profit growth for China's state-owned industry since 1999 indicates that the key source of profit growth is not the high productivity of state-owned enterprises (SOEs) but rather their monopoly position and pricing power in some basic industries. From an overall social perspective, such high profitability means an inefficient allocation of industrial resources and a potential loss of social welfare. Therefore, further expanding and deepening the reform of SOE property rights, encouraging the development of non-SOEs and boosting the competitiveness of basic industries will significantly improve the resource allocation efficiency of the Chinese industry and enhance overall social welfare.展开更多
文摘The optimization policy of the purchase price and the profit under vendor managed inventory(VMI) is studied. For a salable product, supply chain mode of VMI is established, which is based on deterministic demand, having initial stock and having stock-out cost. With the further analysis of the mode, VMI is found to increase profits of the buyer in the short-term motivation. But VMI will reduce profits of the supplier under the matching condition. And in the short-term motivation, VMI will increase the purchase price to compensate the transfer cost of the supplier. As a result, the foundation of theory is provided to implement VMI in the supply chain, and have some definituded project significance.
文摘In 2016,CNPC managed to achieve a profit even despite the fact that the international oil price was lingering at a decade low.This was the third year in a row for the group to gain profit.Moreover,2016 was a year that marked significant gains for both CNPC’s operational and non-operational business,and the company also did excellent work in terms of international trading。
文摘China collects over US$3.32b in mineral resources compensation fee China collected 20.37 billion yuan(US$3.32 billion)in compensation fees for mineral resources in 2014,the second highest following the record of 21.25 billion set in2013,according to the Ministry of Land and Resources.The mineral resource compensation fee was introduced in1994 and assessed at an average of 1.18 percent of sales revenues for miners.One of the purposes in
文摘This paper studies the trend in which industrial enterprises’benefits allocation pattern changed,and the reasons for those rapid changes in China from 1997 to 2007.The results reveal that the benefits allocation pattern of industrial enterprises in China changed rapidly during the periods of 1998-2000 and 2003-2007.This paper discovers that the ramifications of state-owned enterprises’three-year reform plan,aimed at getting themselves out of a dire economic predicament,are the main reasons for the rapid changes in industrial enterprises’benefits allocation pattern from 1998 to 2000.The structural changes in ex-factory price of industrial products from 2003 were the main reason benefits allocation patterns of industrial enterprises changed in favor of capital during 2003-2007.
基金supported by the National Social Science Foundation of China(Grant No.20VGQ003)。
文摘Urban natural gas is becoming the main sector driving China’s natural gas consumption growth in recent years.This study explores the impacts of urban natural gas price,wage,socioeconomic determinants,and meteorological conditions on urban natural gas demand in China over 2006-2017.Furthermore,this study also analyzes the potential regional heterogeneity and asymmetry in the impacts of gas price and income on China’s urban gas demand.Empirical results reveal that:(1)The increased gas price can significantly reduce the urban gas demand,and the average income level may effectively promote the gas demand,also,a strong switching effect exists between electricity and natural gas in urban China;(2)these impacts are heterogeneous in regions among China,urban natural gas demand is largely affected by the gas price in regions with high-gas-price and by income in regions with low-gas-price;and(3)the impact of gas price on urban gas consumption is consistent in regions with different urban natural gas consumption,while the impact of income is asymmetric.This study further provides several policy implications for improving the urban natural gas industry in China.
文摘This paper analyzes Chinese enterprise industrial profit distribution and profitability rise between 1998 and 2005. Looking at it from the perspective of drivers of total growth, this paper will provide an in-depth analysis of the origins and industry-level factors involved in this growth. It reaches the conclusion that structural change in profits was the main driving force for profit increases, to which heavy industry contributed greatly. Light and machine building industry profit rates improved due to increases in productivity levels, while energy and raw material industry profits increased due to increases in product prices. In addition, average wages grew slower than GDP, and wages among industries varied widely. In general however, this paper sets out to determine which enterprises gained from increases in industrial profitability, and how this gain came about.
文摘An analysis of the sources of profit growth for China's state-owned industry since 1999 indicates that the key source of profit growth is not the high productivity of state-owned enterprises (SOEs) but rather their monopoly position and pricing power in some basic industries. From an overall social perspective, such high profitability means an inefficient allocation of industrial resources and a potential loss of social welfare. Therefore, further expanding and deepening the reform of SOE property rights, encouraging the development of non-SOEs and boosting the competitiveness of basic industries will significantly improve the resource allocation efficiency of the Chinese industry and enhance overall social welfare.
