Shale gas is a practical resource with great potential that could be economically explored and developed in the near future. It has been commercially developed in North America and other places. Featuring a vast distr...Shale gas is a practical resource with great potential that could be economically explored and developed in the near future. It has been commercially developed in North America and other places. Featuring a vast distribution, a low abundance,unfavorable reservoir conditions, ultra-low permeability and a fast production decline, shale gas is more difficult to develop than conventional natural gas, as it needs advanced drilling and completion technology to develop. During the early stage of shale gas exploration and development, the United States offered enterprises necessary incentives such as tax reductions and exemptions and subsidies to achieve sustainable shale gas development and encourage technological progresses. By comparing the state of China's shale gas development with that of the US' in terms of geological conditions, production technology,market price, tax relief, subsidy periods and amount, this paper intends to put forward related suggestions for the effective development of shale gas according to the current status of development.展开更多
This paper studies the IPO underpricing in the emerging stock market of China. The empirical results reveal that in China, the degree of IPO underpricing measured by first-day return is more than 100%, which is a prev...This paper studies the IPO underpricing in the emerging stock market of China. The empirical results reveal that in China, the degree of IPO underpricing measured by first-day return is more than 100%, which is a prevailing phenomenon for almost all IPO firms, regardless of the IPO time and the industry of the firm The degree of IPO underpricing in China is larger than the IPO initial returns documented in almost all the other countries. This considerable underpricing in China can hardly be explained by the information asymmetry theory and agency theory.展开更多
In the process of transition from the planned economy to the socialist market economy, college students' interest views are uneven. The shown diversified characteristics have carousedthe academic circle's attention ...In the process of transition from the planned economy to the socialist market economy, college students' interest views are uneven. The shown diversified characteristics have carousedthe academic circle's attention about college students' interest views. The academic circle has conducted comprehensive researches on the characteristics and causes, status and the necessity, the basic principles, the main content and the implementation strategies of college students' interest view education. However, since researchingtime is limited, the construction of theoretical system, research and development and effectiveness of college students' interest views education still has a long way to go.展开更多
文摘Shale gas is a practical resource with great potential that could be economically explored and developed in the near future. It has been commercially developed in North America and other places. Featuring a vast distribution, a low abundance,unfavorable reservoir conditions, ultra-low permeability and a fast production decline, shale gas is more difficult to develop than conventional natural gas, as it needs advanced drilling and completion technology to develop. During the early stage of shale gas exploration and development, the United States offered enterprises necessary incentives such as tax reductions and exemptions and subsidies to achieve sustainable shale gas development and encourage technological progresses. By comparing the state of China's shale gas development with that of the US' in terms of geological conditions, production technology,market price, tax relief, subsidy periods and amount, this paper intends to put forward related suggestions for the effective development of shale gas according to the current status of development.
文摘This paper studies the IPO underpricing in the emerging stock market of China. The empirical results reveal that in China, the degree of IPO underpricing measured by first-day return is more than 100%, which is a prevailing phenomenon for almost all IPO firms, regardless of the IPO time and the industry of the firm The degree of IPO underpricing in China is larger than the IPO initial returns documented in almost all the other countries. This considerable underpricing in China can hardly be explained by the information asymmetry theory and agency theory.
文摘In the process of transition from the planned economy to the socialist market economy, college students' interest views are uneven. The shown diversified characteristics have carousedthe academic circle's attention about college students' interest views. The academic circle has conducted comprehensive researches on the characteristics and causes, status and the necessity, the basic principles, the main content and the implementation strategies of college students' interest view education. However, since researchingtime is limited, the construction of theoretical system, research and development and effectiveness of college students' interest views education still has a long way to go.