The purpose of this research is to investigate the socio-economic development mechanism of China’s urban system in terms of spatial structure and its change. Totally 246 cities from 340 designated cities in 1985, and...The purpose of this research is to investigate the socio-economic development mechanism of China’s urban system in terms of spatial structure and its change. Totally 246 cities from 340 designated cities in 1985, and 488 from 640 designated cities in 1995 are selected as sample cities. And 22 attributes concerning urban features are analyzed to clarify the socio-economic characteristics and their changes in the urban system. Finally, the primary development factors are verified with the relationship of spatial structure and socio-economic characteristics. In conclusion, the socio-economic changes occurred more extremely than spatial structure changes. Furthermore, foreign investment be- came a major power for the development of China’s urban system in the period of 1985–1995.展开更多
This paper takes Zoomlion (Changsha Zoomlion Heavy Industry Science and Technology Development Co., Ltd) as an example and illustrates the reasons why traditional theories of stock dividends and stock splits cannot ...This paper takes Zoomlion (Changsha Zoomlion Heavy Industry Science and Technology Development Co., Ltd) as an example and illustrates the reasons why traditional theories of stock dividends and stock splits cannot rationally explain the large stock dividend and stock split behavior among Chinese listed companies. The paper offers the following points after analyzing the current situation of China's capital market: As many investors seek after the stocks with large stock dividends and stock splits and form a "herd effect", it greatly pushes up the price of these stocks. Thus, companies' managers can cater these investors' irrational behavior, and help their companies get more funds from secondary equity offerings, or help their large shareholders and institutional investors to obtain more returns after lifting the sell restriction on their shares.展开更多
文摘The purpose of this research is to investigate the socio-economic development mechanism of China’s urban system in terms of spatial structure and its change. Totally 246 cities from 340 designated cities in 1985, and 488 from 640 designated cities in 1995 are selected as sample cities. And 22 attributes concerning urban features are analyzed to clarify the socio-economic characteristics and their changes in the urban system. Finally, the primary development factors are verified with the relationship of spatial structure and socio-economic characteristics. In conclusion, the socio-economic changes occurred more extremely than spatial structure changes. Furthermore, foreign investment be- came a major power for the development of China’s urban system in the period of 1985–1995.
文摘This paper takes Zoomlion (Changsha Zoomlion Heavy Industry Science and Technology Development Co., Ltd) as an example and illustrates the reasons why traditional theories of stock dividends and stock splits cannot rationally explain the large stock dividend and stock split behavior among Chinese listed companies. The paper offers the following points after analyzing the current situation of China's capital market: As many investors seek after the stocks with large stock dividends and stock splits and form a "herd effect", it greatly pushes up the price of these stocks. Thus, companies' managers can cater these investors' irrational behavior, and help their companies get more funds from secondary equity offerings, or help their large shareholders and institutional investors to obtain more returns after lifting the sell restriction on their shares.