转发市商务委关于进一步加强成品油市场监管工作意见的通知

各区、县人民政府,各委、局,各直属单位:市商务委《关于进一步加强成品油市场监管工作的意见》已经市人民政府领导同志同意,现转发给你们,请照此执行。

福建省人民政府办公厅关于印发福建省推进种子管理体制改革加强市场监管实施方案的通知

各市、县(区)人民政府,省人民政府各部门、各直属机构,各大企业,各高等院校:《福建省关于推进种子管理体制改革加强市场监管的实施方案》已经省人民政府同意,现印发给你们,请认真组织实施。

Regulatory Impact Assessment of the EU Digital Market Surveillance and Chinese Response Plan

As a data protection legislation with the dual objectives of market regulation and government supervision,the EU General Data Protection Regulation(GDPR)is designed to promote the cultivation of a market for data ele⁃ments and to regulate the data processing subjects'behaviour.The civil legal norms to participate in the data market regulation are introduced,and a right-protected mode with the obligation norms of data controllers as the core is started by GDPR.However,from the perspective of GDPR's global enforcement effectiveness,as an export-orientated global standard and protection framework,the power regulation model of the EU's single digital market is facing the in⁃novative incentives of data market expansion and the tension of human rights protection.A more modest and moderate data governance regulation model has been opened by a new round of the EU digital market regulation.The legal sce⁃narios transition and digital platforms regulation more fit the regulatory demand and development goals of global digital economy development.The EU's determination to enhance the global digital market share and competitiveness is dem⁃onstrated.For China,the impact and security risks of the new round should be evaluated carefully,drawing on the ex⁃perience of the technical standpoint and institutional framework and regulatory rules of the EU digital market regula⁃tion,providing the regulatory models and Chinese solutions to respond to the EU digital market regulation,and enhanc⁃ing Chinese institutional discourse and rule-making leadership in the global digital economy.

工商行政管理要为实施西部大开发服务

作为政府主管市场监管和行政执法的重要职能部门,工商行政管理机关如何发挥职能作用,为实施西部大开发服务,本文做一探讨。

宁波市人民政府办公厅关于印发宁波市服务业综合发展办公室主要职责内设机构和人员编制规定的通知

甬政办发[2011]199号各县(市)区人民政府,市政府各部门、各直属单位:《宁波市服务业综合发展办公室主要职责内设机构和人员编制规定》已经市机构编制委员会审核,市人民政府批准,现予印发。

The ＂Production＂ of Accounting Information Between Regulatory and Free Market Approach： An （Eternally） Open Issue

Accounting information has gained utmost importance over the years, and it now plays a vital role in our society. Indeed, the trends of a global economy, especially one relying on a capital market-based financial system, are greatly influenced by reliable accounting information. However, it is sometimes difficult to assess the ＂reliability＂ of such information, given the clear differences in the needs and goals of its different users. In this respect, the possible ways to guarantee the appropriateness of the accounting information provided to users doubtlessly deserve a careful investigation. The second half of the 1970s can be considered as the starting point of a debate, within the Anglo-Saxon accounting literature, concerning the most effective methods to provide users with accounting data effectively meeting their very specific needs. In this context, two antithetical schools of thought developed： （1） free market approach; and （2） regulatory approach. Although it is possible to state that accounting regulation has now become a concrete reality both inside and outside the Anglo-Saxon accounting context, after more than halfa century, its efficacy is still an open issue.

Circuit breakers： Development of testable hypothesis

In October 1996, The Dhaka Stock Exchange （DSE） adopted trading halts for individual stocks, collectively known as ＂circuit breakers＂, to reduce the stock market volatility. This paper reviews the existing circuit breakers literature and developed five hypothesis--＂Magnet Effect＂, ＂Cool off-Heating （C-H） Effect＂, ＂Information Hypothesis＂, ＂Volatility Spillover Hypothesis＂ and ＂Trading Interferences Hypothesis＂--which could be tested empirically not only in the Dhaka Stock Exchange but any stock exchanges around the world. This paper also suggests most appropriate econometric models for empirical testing. GARCH for inter day data and Event Study methodology for intra day data. Moreover, to test the robustness non-parametric tests need to use along with parametric one. Considering the stock market bubbles in 1996, it has been found that it was optimal for the regulators to adopt this trading halt, but not for the market. It failed to protect the market. However, this might be the consequences of misconceptions about the purpose and effectiveness of circuit breakers. Despite many arguments contrary to this mechanism and absence of any conclusive empirical evidence for a fragile stock exchange like DSE, it may be useful sometimes to replace the ＂invisible hand of the marketplace＂ with the ＂visible hand of the market regulators＂.

The supervision of the pension funds entering the capital market in china

The pension funds entering the capital market is the trend of the times, how to ensure the security of pension funds after entering the market, it is not only related to the interest of the individual but also affect the society＇s harmonious development. This article begins with the concept of pension funds into the market, the urgency and necessity of the pension funds into the market in our country and the actual situation of the pension regulators at present. According to analysis the problems existing in the pension market regulation, then putting forward countermeasures and measures, paving the way for pension funds entering the market in our country.

Present Situation and Development of Chinese Grain Food Safety

The recent outstanding issues,＂ puzzles of farmers, anxiety oflocal government and helplessness ofcentral government,＂ facing Chinese grain security, depend on the lack of national food security strategy. Therefore, we must reconstruct our national food security strategy with a cornerstone of an integrated productivity, the focus control of market regulation forces and the protection of sovereignty. By analyzing the status of integrated productivity, market regulation force and sovereign control, this essay proposes that we should change the concept from ＂ food production＂ to ＂foOd management＂, design the two systems of the interest coordination and the special safeguard, effectively improve the enthusiasm of the government＇ s undertaking work in grain-producing areas and farmers＇ farming work, firmly grasp the two initiatives of acquisition and processing of grain and operating inputs, and actively apply recommendations of the two regulators： food exports, processing and conversion.

Market regulation and government intervention of vocational education＇s development

Government intervention and market regulation are two important ways in the process of economic operations, effective govemment intervention and market regulation can promote development of economic. This article briefly summarizes economists defined the government intervention and market regulation in the history of economic. Since the founding of New China, it elaborated to defining process of government intervention and market regulation in the development China＇ s economic. Under the new situation, it proposed government intervention should combine market regulation to achieve sound and fast development of economic. Market regulation in the development of vocational education for the economic development is the goal of training practical talents of vocational education. This objective requires that vocational education must work closely with the needs of economics＇ development and service for the economics＇ development. Under the system of planned economy, contraction between supply of talent and needs of economic is planning to achieve indirectly through a unified government.

Panzhihua Airport Landslide (Oct. 3rd 2009) and an Emergency Monitoring and Warning System Based on the Internet of Things

Panzhihua city （26°O5＇-27°21＇N, 101°OS＇- 102°15＇E）, located in a mountainous area, is one of the large cities in Sichuan province, China. A landslide occurred in the filling body of the eastern part of the Panzhihua airport on October 3, 2009 （hereafter called the lo.3 landslide）. We conducted field survey on the landslide and adopted emergency monitoring and warning models based on the Internet of Things （loT） to estimate the losses from the disaster and to prevent a secondary disaster from occurring. The results showed that four major features of the airport site had contributed to the landslide, i.e, high altitude, huge amount of filling rocks, deep backfilling and great difficulty of backfilling. The deformation process of the landslide had six stages and the unstable geological structure of high fillings and an earthquake were the main causes of the landslide. We adopted relative displacement sensing technology and Global System for Mobile Communications （GSM） technology to achieve remote, real-time and unattended monitoring of ground cracks in the landslide. The monitoring system, including five extensometers with measuring ranges of 200, 450 and 7oo mm, was continuously working for 17 months and released 7 warning signals with an average warning time of about 26 hours. At 10 am on 6 December 2009, the system issued a warning and on-site workers were evacuated and equipment protected immediately. At 2：20 medium-scale collapse monitoring site, which proved the reliability pm on 7 December, a occurred at the No. 5 justified the alarm and and efficiency of the monitoring system.

Methodology for Obtaining Electricity-Price Patterns in Customer Response Programs

The main objective of electricity regulators when establishing electricity markets is to decrease the cost of electricity through competition. However, this scenario cannot be achieved without a full participation of the electricity demand by reacting against electricity prices. The aim of this research is to develop tools for helping customers and aggregators to join price and demand response programs, while helping them to hedge against the risk of short-term price volatility. In this way, the capacity of and hybrid methodology （Self-Organizing Maps and Statistical Ward＇s Linkage） to classify high electricity market prices is analysed. Besides, with the help of Non-Parametric Estimation, some price-patterns were found in the abovementioned clusters. The contained knowledge within these patterns supplies customer market-based information on which to base its energy use decisions. The interest for this participation of customers in markets is growing in developed countries to obtain a higher elasticity in demand. Results show the capability of this approach to improve data management and select coherent policies to accomplish cleared demand offers amongst different price scenarios in a more flexible way.

Tendency of Energy Supervision Reform

This paper expounds on the tendency of energy supervision reform with consideration to the general background of energy reform. It proposes the following aspects. First, the focus of energy supervision should shift to in-process and post supervision after cancellation or decentralization of energy project approval, Hence, the supervision over construction and completion acceptance is reinforced. Second, with the progression of marketoriented reforms in tire electricity and petroleum sectors, relevant energy authorities should strengthen supervision on key aspects in the electricity and petroleum sectors, particularly by way of specific supervision and problem supervision, in order to keep tire market fair, open and transparent. Third, innovative supervision modes should be adopted to improve supervision performance, so as to realize effective supervision amt finally achieve standardized and normalized energy supervision. These proposals rtTresent both the challenges and tasks that the supervision authorities face but also highlight important chances to realize the energy supervision revolution. Energy enterprises should continuously update thenzselves on the reforms and actions of energy supervision in order to meet the compliance requirements of construction and operation.

Build Enterprise Technical Standards Work Pattern to Adapt to New Condition

With new requirements proposed for technical standards work under the new circumstances,the article combining with the practice of Wuhan Iron and Steel Company Limited(WISCO)points out that enterprises must improve the work pattern of standards development and revision,and strengthen the standards implementation management and product quality supervision,so that technical standards can serve as a bridge between technologies and industrialization,support the industrial upgrading and structural optimization,create conditions for promoting trade and unify the market and provides means for global competition,helping enterprises to better cope with the increasing market competition.

Brexit Implications on Capital Market and International Financial Governance

This paper assumes as a focal point the concept that the ＂post-Brexit＂ may represent a change of era for European and global financial service and particularly for capital market sector. The change of era produces new ＂global systemic interrelation＂ in which financial globalization, governance and regulation will give place to new, largely unknown complexities. In general, the different interests and immediate priorities of euro and non-euro countries, coupled with a need for prompt and, at times, politically sensitive action, have had the result of a greater fragmentation or a differentiated integration in EU governance in the financial sector. On this assumption, we may say that the post-Brexit scenario is in some way preceded by a series of ＂fractures＂ in European governance. The direct effect of the post-Brexit era is that UK regulated financial entities will still need ＂passporting＂ across the EU single market： UK is going to vest the role of third party country, which will require an ＂equivalence regime＂ similar to the ＂substituted compliance＂ used in the same direction by US regulators. At the same time, while an equivalence regime may work in principle to deal cross-border issues at the global level, in the long term, it may be an instrument for a ＂battle of ideas＂ in the new political arena of global financial governance.

European Insurance Markets＇ Size and Trends in Regulatory Environment in the Context of Its Complexity

In today＇s globalized world, regulatory issues are heatedly debated, and experts can be divided into two groups based on their attitudes towards these issues. In the first group, representatives are in favor of stricter regulation, and representatives of the second group are in favor of removing legislative barriers in the markets of financial services. An important objective of the European Commission in recent years is to integrate the individual segments of the financial services into a whole so as to ensure the proper functioning of the whole to satisfy all the member states. The aim of this paper is to show the complexity of the regulatory environment, to point out the large number of institutions that cooperate in the creation of legislative measures, and also to highlight the different approaches to regulation in individual member countries and these issues do not ease the situation.

Research on the efficiency of government regulation in Shanghai

The party＇s Third Plenary Session of the eighteen proposed to fully and properly perform the functions of the government, stressed that the government management to prior approval is more things in the post regulation, the implementation of the ＂Wide into standard＂. From the current regulation, there exists a single way, too microcosmic law enforcement problems, can not meet the needs of the development of society and economy. Regulators should take to promote the benefits of a socialist market economy as the goal to improve administrative efficiency as a means of regulatory authorities. Highly centralized regulatory approach taken by improving the legal system, refme the regulatory content, improve government regulation.

Trading volume and returns relationship in SET50 index futures market

This study investigates the relationship between trading volume and returns in SET50 index Futures market in the period from April 2006 to December 2008 using 653 observations. From previous studies, we include three methodologies namely the GARCH model, the Generalized Method of Moments （GMM） to estimate systems of equations and the Granger causality test to investigate the relationship more thoroughly. In addition, we introduce the lagged volume as a new explanatory variable in the GARCH model. Overall, the results show the significant contemporaneous and dynamic relationships between trading volume and returns volatility which support the sequential information arrival hypothesis and imply some degree of market inefficiency. The results from this study also show that past information of trading volume can be used to improve the prediction of price volatility. Therefore, regulators and traders could include past information of trading volume of SET50 index futures in tracking and monitoring the market volatility level and the investment risk in order to make a timely decision.