In recent years, China＇s agriculture has accelerated in ＂going global＂, and in particular, the over 60 countries along the area under the Belt and Road Initlative boasts rich agricultural resources, which is very c...In recent years, China＇s agriculture has accelerated in ＂going global＂, and in particular, the over 60 countries along the area under the Belt and Road Initlative boasts rich agricultural resources, which is very convenient for China＇sagricu.lmre to go global.展开更多
Investment in agricultural capital construction is an important factor in improving China's agricultural productivity and international competitiveness. In recent years,the attention to the investment in agricultu...Investment in agricultural capital construction is an important factor in improving China's agricultural productivity and international competitiveness. In recent years,the attention to the investment in agricultural capital construction has been lifted to a strategic height. However,there is still little research on the investment in agricultural capital construction. From the perspective of investment of different ministries and commissions,this paper systematically analyzed current situations,problems,and came up with recommendations for the investment in the agricultural capital construction. According to the results,( i) from 1983 to the present,China's investment in agricultural capital construction experienced three stages. Especially after 2010,the scale of investment in agricultural capital construction was huge,and it showed a rapid increasing trend;( ii) the investment in agricultural capital construction is characterized by " multi-sector investment,different departments having different investment priorities and investment scale in different periods";( iii) some investment projects are overlapping between departments,local areas are weak in providing support funds,project construction standard is single,and there are problems of attaching importance to the application,belittling the management,stressing the construction,belittling the maintenance,and serious brain drain;( iv) different departments have accumulated certain experience in long-term exploration. For example,they pay more attention to the refinement and differentiation of projects,focus on the development of targeted poverty alleviation,pay more attention to the " quality" of investment,and pay more attention to the transformation of agricultural production methods. Based on current situations and problems,it came up with recommendations including promoting the integration of funds for investment and project integration,strengthening the personnel cultivation,ensuring simultaneous construction and management of projects,stressing the maintenance after project construction,exploring new modes for project design,management,investment,and financing,and enhancing the support for special investment projects.展开更多
At the recently-convened meetings of the National People’sCongress and the Chinese People’s Political ConsultativeCoference, agriculture has once again become a hot topicattracting attentions of deputies. Speeding u...At the recently-convened meetings of the National People’sCongress and the Chinese People’s Political ConsultativeCoference, agriculture has once again become a hot topicattracting attentions of deputies. Speeding up the opening up ofagricultural sector and properly resolving the thorny financial andtechnological problems confronting it become a highlighted issuein the State’s plan to utilize foreign investment in the coming fewyears.展开更多
The article states that the purpose of the agricultural industry of Russia is the creation of a market for innovation and investment to improve productivity and competitiveness in the context of growing economic, poli...The article states that the purpose of the agricultural industry of Russia is the creation of a market for innovation and investment to improve productivity and competitiveness in the context of growing economic, political, and natural climatic instability and volatility, both in Russia and abroad （membership in the WTO, industry globalization, etc.）. Foreign economic and political sanctions have a growing negative impact. It is very important for the agriculture industry to be supported by the Russian state budget and to have administrative support, the institutional structure of the state, quantitative and qualitative indicators of national support： federal, regional, and municipal. Positive development of the regional and city aspect is also important.展开更多
The advent of the era of the smart economy has made agricultural production more intelligent.An increasing number of companies have launched a series of investment activities aimed at smart agricultural production(SAP...The advent of the era of the smart economy has made agricultural production more intelligent.An increasing number of companies have launched a series of investment activities aimed at smart agricultural production(SAP).However,whether smart agricultural production investment(SAPI)impacts the stock market has yet to be confirmed.Therefore,based on the sample data of 118 listed companies in China from 2010 to 2019,this study empirically examines the impact of SAPI announcements on shareholder value,as indicated by abnormal returns of stocks.Further,we tested the moderating effect of certain characteristic factors on abnormal stock returns.The research results illustrate a significant positive connection between SAPI announcements and shareholder value.Moreover,considering the announcement content and company factors,this study investigates the impacts of different investment targets and industries on the market reaction to SAPI announcements.We find that non-agricultural companies have a more positive market reaction to SAPI than agricultural companies;the higher the liability-asset ratio,the more positive will be the stock market reaction to SAPI.展开更多
The state support of the agriculture is increasing with the globalization of Russia, the need to shape level and instruments in accordance with the WTO requirements. For Russia, rational state support of agriculture i...The state support of the agriculture is increasing with the globalization of Russia, the need to shape level and instruments in accordance with the WTO requirements. For Russia, rational state support of agriculture is topical according to the domestic economic problems： insufficient financing in Russia, in the regions; degradation of production facilities; turnover acreage reduction; reduction in livestock; and according to the external economic factors： the accession to the WTO, the transition to the Common Economic Space, and subsequently, the Eurasian Economic Union, global change conditions in the global food market, an increase in the world population, increasing demand for food resources, a significant increase in food prices on world markets, the increased activity of Russian agricultural producers in the world markets of grain products; ensuring of economic stability systems, critical analysis of the tools and the effectiveness of economic policy. According to the IMF, the economic has slowed down despite the state support for agriculture should stay a priority in the government＇s economic policy, in the regions.展开更多
文摘In recent years, China＇s agriculture has accelerated in ＂going global＂, and in particular, the over 60 countries along the area under the Belt and Road Initlative boasts rich agricultural resources, which is very convenient for China＇sagricu.lmre to go global.
文摘Investment in agricultural capital construction is an important factor in improving China's agricultural productivity and international competitiveness. In recent years,the attention to the investment in agricultural capital construction has been lifted to a strategic height. However,there is still little research on the investment in agricultural capital construction. From the perspective of investment of different ministries and commissions,this paper systematically analyzed current situations,problems,and came up with recommendations for the investment in the agricultural capital construction. According to the results,( i) from 1983 to the present,China's investment in agricultural capital construction experienced three stages. Especially after 2010,the scale of investment in agricultural capital construction was huge,and it showed a rapid increasing trend;( ii) the investment in agricultural capital construction is characterized by " multi-sector investment,different departments having different investment priorities and investment scale in different periods";( iii) some investment projects are overlapping between departments,local areas are weak in providing support funds,project construction standard is single,and there are problems of attaching importance to the application,belittling the management,stressing the construction,belittling the maintenance,and serious brain drain;( iv) different departments have accumulated certain experience in long-term exploration. For example,they pay more attention to the refinement and differentiation of projects,focus on the development of targeted poverty alleviation,pay more attention to the " quality" of investment,and pay more attention to the transformation of agricultural production methods. Based on current situations and problems,it came up with recommendations including promoting the integration of funds for investment and project integration,strengthening the personnel cultivation,ensuring simultaneous construction and management of projects,stressing the maintenance after project construction,exploring new modes for project design,management,investment,and financing,and enhancing the support for special investment projects.
文摘At the recently-convened meetings of the National People’sCongress and the Chinese People’s Political ConsultativeCoference, agriculture has once again become a hot topicattracting attentions of deputies. Speeding up the opening up ofagricultural sector and properly resolving the thorny financial andtechnological problems confronting it become a highlighted issuein the State’s plan to utilize foreign investment in the coming fewyears.
文摘The article states that the purpose of the agricultural industry of Russia is the creation of a market for innovation and investment to improve productivity and competitiveness in the context of growing economic, political, and natural climatic instability and volatility, both in Russia and abroad （membership in the WTO, industry globalization, etc.）. Foreign economic and political sanctions have a growing negative impact. It is very important for the agriculture industry to be supported by the Russian state budget and to have administrative support, the institutional structure of the state, quantitative and qualitative indicators of national support： federal, regional, and municipal. Positive development of the regional and city aspect is also important.
基金funded by Major Program of the National Social Science Foundation of China(grant number No.18ZDA060).
文摘The advent of the era of the smart economy has made agricultural production more intelligent.An increasing number of companies have launched a series of investment activities aimed at smart agricultural production(SAP).However,whether smart agricultural production investment(SAPI)impacts the stock market has yet to be confirmed.Therefore,based on the sample data of 118 listed companies in China from 2010 to 2019,this study empirically examines the impact of SAPI announcements on shareholder value,as indicated by abnormal returns of stocks.Further,we tested the moderating effect of certain characteristic factors on abnormal stock returns.The research results illustrate a significant positive connection between SAPI announcements and shareholder value.Moreover,considering the announcement content and company factors,this study investigates the impacts of different investment targets and industries on the market reaction to SAPI announcements.We find that non-agricultural companies have a more positive market reaction to SAPI than agricultural companies;the higher the liability-asset ratio,the more positive will be the stock market reaction to SAPI.
文摘The state support of the agriculture is increasing with the globalization of Russia, the need to shape level and instruments in accordance with the WTO requirements. For Russia, rational state support of agriculture is topical according to the domestic economic problems： insufficient financing in Russia, in the regions; degradation of production facilities; turnover acreage reduction; reduction in livestock; and according to the external economic factors： the accession to the WTO, the transition to the Common Economic Space, and subsequently, the Eurasian Economic Union, global change conditions in the global food market, an increase in the world population, increasing demand for food resources, a significant increase in food prices on world markets, the increased activity of Russian agricultural producers in the world markets of grain products; ensuring of economic stability systems, critical analysis of the tools and the effectiveness of economic policy. According to the IMF, the economic has slowed down despite the state support for agriculture should stay a priority in the government＇s economic policy, in the regions.
