Market construction Overview In 2009, the electric power market expanded continuously. New installed capacity put into production within the coverage of the State Grid Corporation
On September 11, 2007, Qi Xiufen, Director of the International Department of the General Administration of Quality Supervision, Inspection and Quarantine of China (AQSIQ), published the China Annual Report on Tec... On September 11, 2007, Qi Xiufen, Director of the International Department of the General Administration of Quality Supervision, Inspection and Quarantine of China (AQSIQ), published the China Annual Report on Technical Barriers to Trade.Wang Nini, Director of the Standard, Law and Regulation Center of AQSIQ, gave a detailed explanation of the contents of the report.……展开更多
According to the 2019 annual report of China's Paper Industry by China Paper Association(CPA),in 2019,there were about 2700 paper&board manufacturers in China's Mainland.The total production of paper&b...According to the 2019 annual report of China's Paper Industry by China Paper Association(CPA),in 2019,there were about 2700 paper&board manufacturers in China's Mainland.The total production of paper&board was 107.65 million tons,increased by 3.16%and the total consumption was 107.04 million tons,increased by 2.54%compared with 2018,respectively,paper&board per capita consumption was 75 kg(counted in 1.4 billion people).This report includes a rather elaborate analysis of the China's paper industry and is provided for the readers'reference.展开更多
According to statistics,the total production of pulp,paper&board,and paper products was 280.21 million tons in 2021,increased by 9.89%compared with 2020.In which,the production of paper&board was 121.05 millio...According to statistics,the total production of pulp,paper&board,and paper products was 280.21 million tons in 2021,increased by 9.89%compared with 2020.In which,the production of paper&board was 121.05 million tons,increased by 7.50%;the production of pulp was 81.77 million tons,increased by 10.83%;the production of paper products was 77.39 million tons,increased by 12.81%.The industry's operating income was RMB 1.50 trillion,increased by 14.74%;the total profit was RMB 88.5 billion,increased by 6.92%compared with 2020.展开更多
Based on Martin’s theory of appraisal and a self-built corpus of the chairman’s speech in Huawei’s 2020 annual report,this paper explores the expressions and translation strategies of the attitudes in the speech.It...Based on Martin’s theory of appraisal and a self-built corpus of the chairman’s speech in Huawei’s 2020 annual report,this paper explores the expressions and translation strategies of the attitudes in the speech.It is found that Huawei’s corporate image shaped by its annual report speech is characterized by progressive,people-oriented,and customer-oriented characteristics.These characteristics are not only related to the actions of Huawei itself,but also related to the application of translation strategies and methods by translators.Annual report speech is an important part of the company’s self-image publicity.Translators should try to use the same type of words to express explicit attitudes in the speech,so as to improve the social recognition of the annual report speech.展开更多
At the regular news press held by China Council for the Promotion of International Trade(CCPIT) held on September 22,China Academy of Arbitration Law officially published China International Commercial Arbitration Ann...At the regular news press held by China Council for the Promotion of International Trade(CCPIT) held on September 22,China Academy of Arbitration Law officially published China International Commercial Arbitration Annual Report (2014).This is the first report released展开更多
On April 14,2009,the State Grid Corporation of China (SGCC) held the press conference in Beijing on electricity market transactions and then released the "2008 Annual Report of SGCC on Electricity Market Transact...On April 14,2009,the State Grid Corporation of China (SGCC) held the press conference in Beijing on electricity market transactions and then released the "2008 Annual Report of SGCC on Electricity Market Transactions".展开更多
In this paper,we study the abnormal stock price returns of the top 10 stocks in the Chinese stock market in terms of total market capitalization before and after the release of their annual reports in the past 10 year...In this paper,we study the abnormal stock price returns of the top 10 stocks in the Chinese stock market in terms of total market capitalization before and after the release of their annual reports in the past 10 years,using the event study method implemented by the Event Study package of the Alpha Library under Python,using a market model to estimate normal returns.The results find that and most of the events have insider phenomenon.展开更多
On the evening of March 8th,Innuovo released its annual report,in which,business income grew steadily,and net profits soared a lot over the same period.The annual report on annual board of directors in 2017 is as foll...On the evening of March 8th,Innuovo released its annual report,in which,business income grew steadily,and net profits soared a lot over the same period.The annual report on annual board of directors in 2017 is as follows:1.An overview In 2017,the trend of global economic recovery was obvious.展开更多
specific groups such as women,children,ethnic minorities,the elderly,and persons with disabilities are facing special difficulties in exercising their rights The protection of their rights is an important part of the ...specific groups such as women,children,ethnic minorities,the elderly,and persons with disabilities are facing special difficulties in exercising their rights The protection of their rights is an important part of the development of China’s human rights cause The Annual Report on China’s Human Rights have outlined the tremendous achievements China has made in protecting the rights of specific groups over the past ten years It also reflects that all human rights actors have born fruitful results of innovation in values,legal systems,paths for practice,and international cooperation of rights protection,which will continue to inspire and en courage people to participate in the common cause of human rights protection.展开更多
Promoting direct policy communication between policy makers and the public is both an important function of government annual reports (GARs) and a key issue in democratic politics.According to this survey,conducted in...Promoting direct policy communication between policy makers and the public is both an important function of government annual reports (GARs) and a key issue in democratic politics.According to this survey,conducted in 19 major cities in China,to promote the policy communication function of the GARs the government should make full use of changes in public policy communication habits and the convergence of public policy preferences in different groups while dealing with routine problems such as “public opinion deficits” and “being popular among the institutional staff but unnoticed the non-institutional staff.”展开更多
Annual reports are the main sources of information for outside investors' investment decisions and enable shareholders to supervise the management.Difficulties with the readability of these reports may therefore h...Annual reports are the main sources of information for outside investors' investment decisions and enable shareholders to supervise the management.Difficulties with the readability of these reports may therefore have serious consequences. Using 19,221 firm-year observations of Chinese A-share listed firms from 2001 to 2015, we investigate the association between annual report readability and corporate agency costs, where readability is proxied by report file length and/or file size. We find that firms with better annual report readability experience lower agency costs, and the negative association between readability and agency costs is more pronounced in firms with higher external audit quality, internal control quality or analyst coverage. These results hold after several robustness checks. The positive effect of annual report readability is stronger in private firms than in state-owned enterprises, and becomes stronger after the implementation of new accounting standards in 2007. Readable annual reports can help in monitoring corporate insiders' opportunistic behavior and thus reduce agency costs.展开更多
Under the supervision of PR Agencies Committee of China International Pub-lic Relations Association(CIPRA),the PR Industry Survey 2007 has been conducted by Research&Development section of CIPRA from January 21st ...Under the supervision of PR Agencies Committee of China International Pub-lic Relations Association(CIPRA),the PR Industry Survey 2007 has been conducted by Research&Development section of CIPRA from January 21st to March 20th among the PR firms in Beijing,Shanghai。展开更多
Using the unique scheduled disclosure system for annual reports in China’s stock market,we examine within-industry herding behavior in annual report timing.The results reveal the waiting and following behavior strate...Using the unique scheduled disclosure system for annual reports in China’s stock market,we examine within-industry herding behavior in annual report timing.The results reveal the waiting and following behavior strategies used in the annual reporting process within industry.Firms that originally schedule an early(late)disclosure date within their industry are more likely to reschedule to a later(earlier)date.Informational pressure is the dominant mechanism underlying herding in annual reporting,and capital market reputation incentives mainly induce the herding of bad news.Further analysis shows that delaying disclosure via the waiting strategy reduces the future occurrence of restatements,whereas bringing forward disclosure does not change the propensity of future restatements.Overall,we enrich the limited empirical studies on sequential mandatory disclosure decisions within industry.展开更多
Based on a sample of Chinese A-share listed firms from 2015 to 2018,this paper studies the impact of annual report comment letters(ARCLs)on firm stock price synchronicity.We find that after firms receive ARCLs,their s...Based on a sample of Chinese A-share listed firms from 2015 to 2018,this paper studies the impact of annual report comment letters(ARCLs)on firm stock price synchronicity.We find that after firms receive ARCLs,their stock price synchronicity decreases.Moreover,the longer the ARCLs and the more negative the ARCLs’tone,the lower the resulting stock price synchronicity.The mechanism test shows that after firms receive ARCLs,the firms’information disclosure increases in quantity and quality,external media attention increases,and the firms’governance improves,reducing their stock price synchronicity.Further research shows that this negative association is more significant in firms with higher information asymmetry.This paper shows that the ARCL,an innovative application of the capital market supervision philosophy,is conducive to improving the quality of listed firms and to the healthy development of the capital market.展开更多
Ⅰ. ACADEMIC ASSIGNMENTS ACHIEVED 1. Hosted Key State-entrusted Consultancy Projects: (1) Completion of the advisory service which had been set for the national Eighth Five-year Plan entrusted by the national authorit...Ⅰ. ACADEMIC ASSIGNMENTS ACHIEVED 1. Hosted Key State-entrusted Consultancy Projects: (1) Completion of the advisory service which had been set for the national Eighth Five-year Plan entrusted by the national authorities. (2) Achievement of the consultancy work for key programs of basic research also entrusted by展开更多
Ⅰ. A REVIEW OF OUR WORK FROM 1994 TO 1996 1. Entrusted by the CPC central committee and the State Council, our Division completed its counseling assignments to the "Decision on Speeding up China’s S&T Progr...Ⅰ. A REVIEW OF OUR WORK FROM 1994 TO 1996 1. Entrusted by the CPC central committee and the State Council, our Division completed its counseling assignments to the "Decision on Speeding up China’s S&T Progress Jointly Decreed by the Party’s Central Committee and the State Council," "An Outlined Report on the Train of Thought for Devising S&T Development in the National Ninth Five-year Plan & the Long-term Scheme for National S&T Development up to 2010," "The Ninth Five-year Plan and Long-term Scheme for National S&T(?)展开更多
文摘Market construction Overview In 2009, the electric power market expanded continuously. New installed capacity put into production within the coverage of the State Grid Corporation
文摘 On September 11, 2007, Qi Xiufen, Director of the International Department of the General Administration of Quality Supervision, Inspection and Quarantine of China (AQSIQ), published the China Annual Report on Technical Barriers to Trade.Wang Nini, Director of the Standard, Law and Regulation Center of AQSIQ, gave a detailed explanation of the contents of the report.……
文摘According to the 2019 annual report of China's Paper Industry by China Paper Association(CPA),in 2019,there were about 2700 paper&board manufacturers in China's Mainland.The total production of paper&board was 107.65 million tons,increased by 3.16%and the total consumption was 107.04 million tons,increased by 2.54%compared with 2018,respectively,paper&board per capita consumption was 75 kg(counted in 1.4 billion people).This report includes a rather elaborate analysis of the China's paper industry and is provided for the readers'reference.
文摘According to statistics,the total production of pulp,paper&board,and paper products was 280.21 million tons in 2021,increased by 9.89%compared with 2020.In which,the production of paper&board was 121.05 million tons,increased by 7.50%;the production of pulp was 81.77 million tons,increased by 10.83%;the production of paper products was 77.39 million tons,increased by 12.81%.The industry's operating income was RMB 1.50 trillion,increased by 14.74%;the total profit was RMB 88.5 billion,increased by 6.92%compared with 2020.
文摘Based on Martin’s theory of appraisal and a self-built corpus of the chairman’s speech in Huawei’s 2020 annual report,this paper explores the expressions and translation strategies of the attitudes in the speech.It is found that Huawei’s corporate image shaped by its annual report speech is characterized by progressive,people-oriented,and customer-oriented characteristics.These characteristics are not only related to the actions of Huawei itself,but also related to the application of translation strategies and methods by translators.Annual report speech is an important part of the company’s self-image publicity.Translators should try to use the same type of words to express explicit attitudes in the speech,so as to improve the social recognition of the annual report speech.
文摘At the regular news press held by China Council for the Promotion of International Trade(CCPIT) held on September 22,China Academy of Arbitration Law officially published China International Commercial Arbitration Annual Report (2014).This is the first report released
文摘On April 14,2009,the State Grid Corporation of China (SGCC) held the press conference in Beijing on electricity market transactions and then released the "2008 Annual Report of SGCC on Electricity Market Transactions".
文摘In this paper,we study the abnormal stock price returns of the top 10 stocks in the Chinese stock market in terms of total market capitalization before and after the release of their annual reports in the past 10 years,using the event study method implemented by the Event Study package of the Alpha Library under Python,using a market model to estimate normal returns.The results find that and most of the events have insider phenomenon.
文摘On the evening of March 8th,Innuovo released its annual report,in which,business income grew steadily,and net profits soared a lot over the same period.The annual report on annual board of directors in 2017 is as follows:1.An overview In 2017,the trend of global economic recovery was obvious.
文摘specific groups such as women,children,ethnic minorities,the elderly,and persons with disabilities are facing special difficulties in exercising their rights The protection of their rights is an important part of the development of China’s human rights cause The Annual Report on China’s Human Rights have outlined the tremendous achievements China has made in protecting the rights of specific groups over the past ten years It also reflects that all human rights actors have born fruitful results of innovation in values,legal systems,paths for practice,and international cooperation of rights protection,which will continue to inspire and en courage people to participate in the common cause of human rights protection.
基金sponsored by “Study on Policy Commitment,Information Disclosure and Signal Transmission Effects of Government Annual Reports”(14BGL116),a project of the National Social Science Fund of Chinaby the “special fund for basic scientific research of Jinan University”(15JNZK002)
文摘Promoting direct policy communication between policy makers and the public is both an important function of government annual reports (GARs) and a key issue in democratic politics.According to this survey,conducted in 19 major cities in China,to promote the policy communication function of the GARs the government should make full use of changes in public policy communication habits and the convergence of public policy preferences in different groups while dealing with routine problems such as “public opinion deficits” and “being popular among the institutional staff but unnoticed the non-institutional staff.”
基金support from the Chinese National Science Funds(Grant Nos.71790602 and 71572160)
文摘Annual reports are the main sources of information for outside investors' investment decisions and enable shareholders to supervise the management.Difficulties with the readability of these reports may therefore have serious consequences. Using 19,221 firm-year observations of Chinese A-share listed firms from 2001 to 2015, we investigate the association between annual report readability and corporate agency costs, where readability is proxied by report file length and/or file size. We find that firms with better annual report readability experience lower agency costs, and the negative association between readability and agency costs is more pronounced in firms with higher external audit quality, internal control quality or analyst coverage. These results hold after several robustness checks. The positive effect of annual report readability is stronger in private firms than in state-owned enterprises, and becomes stronger after the implementation of new accounting standards in 2007. Readable annual reports can help in monitoring corporate insiders' opportunistic behavior and thus reduce agency costs.
文摘Under the supervision of PR Agencies Committee of China International Pub-lic Relations Association(CIPRA),the PR Industry Survey 2007 has been conducted by Research&Development section of CIPRA from January 21st to March 20th among the PR firms in Beijing,Shanghai。
基金financial support from the National Social Science Foundation of China(16BGL004)
文摘Using the unique scheduled disclosure system for annual reports in China’s stock market,we examine within-industry herding behavior in annual report timing.The results reveal the waiting and following behavior strategies used in the annual reporting process within industry.Firms that originally schedule an early(late)disclosure date within their industry are more likely to reschedule to a later(earlier)date.Informational pressure is the dominant mechanism underlying herding in annual reporting,and capital market reputation incentives mainly induce the herding of bad news.Further analysis shows that delaying disclosure via the waiting strategy reduces the future occurrence of restatements,whereas bringing forward disclosure does not change the propensity of future restatements.Overall,we enrich the limited empirical studies on sequential mandatory disclosure decisions within industry.
文摘Based on a sample of Chinese A-share listed firms from 2015 to 2018,this paper studies the impact of annual report comment letters(ARCLs)on firm stock price synchronicity.We find that after firms receive ARCLs,their stock price synchronicity decreases.Moreover,the longer the ARCLs and the more negative the ARCLs’tone,the lower the resulting stock price synchronicity.The mechanism test shows that after firms receive ARCLs,the firms’information disclosure increases in quantity and quality,external media attention increases,and the firms’governance improves,reducing their stock price synchronicity.Further research shows that this negative association is more significant in firms with higher information asymmetry.This paper shows that the ARCL,an innovative application of the capital market supervision philosophy,is conducive to improving the quality of listed firms and to the healthy development of the capital market.
文摘Ⅰ. ACADEMIC ASSIGNMENTS ACHIEVED 1. Hosted Key State-entrusted Consultancy Projects: (1) Completion of the advisory service which had been set for the national Eighth Five-year Plan entrusted by the national authorities. (2) Achievement of the consultancy work for key programs of basic research also entrusted by
文摘Ⅰ. A REVIEW OF OUR WORK FROM 1994 TO 1996 1. Entrusted by the CPC central committee and the State Council, our Division completed its counseling assignments to the "Decision on Speeding up China’s S&T Progress Jointly Decreed by the Party’s Central Committee and the State Council," "An Outlined Report on the Train of Thought for Devising S&T Development in the National Ninth Five-year Plan & the Long-term Scheme for National S&T Development up to 2010," "The Ninth Five-year Plan and Long-term Scheme for National S&T(?)