This paper attempts to explore the decoupling relationship and its drivers between industrial economic increase and energy-related CO_(2) emissions(ICE). Firstly, the decoupling relationship was evaluated by Tapio ind...This paper attempts to explore the decoupling relationship and its drivers between industrial economic increase and energy-related CO_(2) emissions(ICE). Firstly, the decoupling relationship was evaluated by Tapio index. Then, based on the DEA meta-frontier theory framework which taking into account the regional and industrial heterogeneity and index decomposition method, the driving factors of decoupling process were explored mainly from the view of technology and efficiency. The results show that during2000-2019, weak decoupling was the primary state. Investment scale expansion was the largest reason hindering decoupling process of industrial increase from ICE. Both energy saving and production technology achieved significant progress, which facilitated the decoupling process. Simultaneously, the energy technology gap and production technology gap among regions have been narrowed, and played a role in promoting decoupling process. On the contrary, both scale economy efficiency and pure technical efficiency have inhibiting effects on decoupling process. The former indicates that the scale economy of China's industry was not conducive to improve energy efficiency and production efficiency, while the latter indicates that resource misallocation problem may exist in both energy market and product market.展开更多
The current status of the China's software industry is introduced, including the great potential opportunities and many problems across the path to success. The main measures are discussed to keep abreast of the...The current status of the China's software industry is introduced, including the great potential opportunities and many problems across the path to success. The main measures are discussed to keep abreast of the time needs and fuse with the whole family of global IT industry.展开更多
With sales at a quarter of a trillion and over 1.3 million employees,Wal-Mart has been the biggest retailing success ever before.A lot of Wal-Mart’s success was attributed to the strong and pervasive culture at the c...With sales at a quarter of a trillion and over 1.3 million employees,Wal-Mart has been the biggest retailing success ever before.A lot of Wal-Mart’s success was attributed to the strong and pervasive culture at the company.China’s retailing industry should really learn something about corporate culture-building from this excellent enterprise,so that one day it would become a strong competitor both home and abroad in retailing industry.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
The software industries in developing countries are facing enormous challenges in order to grow amid fierce competition of import from the software makers in developed countries. Open source software (OSS) movement, w...The software industries in developing countries are facing enormous challenges in order to grow amid fierce competition of import from the software makers in developed countries. Open source software (OSS) movement, which is a particular phenomenon in the software industries, seems to be a challenging opportunity for the developing countries that wants to move their own software industries up the value chain. This paper, using China as an example, identifies the issues that need to be addressed for the software industry, as well as the special characteristics of software products that need to be dealt with carefully. It proposes promoting OSS as a strategy the Chinese government should adopt to grow the software industry and the specific actions that should be taken.展开更多
In light of carbon-neutral pledge, the oil and gas industry has been facing several critical new challenges in China. The current status and new challenges in terms of market mechanism reform, supply-consumption balan...In light of carbon-neutral pledge, the oil and gas industry has been facing several critical new challenges in China. The current status and new challenges in terms of market mechanism reform, supply-consumption balance and key technology innovation in China's oil and gas industry are reviewed in the present study, and new strategies and roadmaps are proposed to cope with the challenges. The study found that (i) the oil and gas market faces challenges such as incomplete pricing mechanisms, unclear subject rights, and the lack of recognition and trading of carbon assets. (ii) the trade-off between short-term supply security and long-term low-carbon supply is the most critical issue. (iii) in addition to typical challenges such as immature technology and lack of funding support, the unclear multiple technology coupling development mode also poses problems for the low-carbon transformation of the oil and gas industry. To address these new challenges, comprehensive strategies and roadmaps for China's oil and gas industry towards carbon neutrality are proposed and discussed in the aspects of participating in market transactions, restructuring production and consumption, deploying key technology innovations, and planning enterprise strategies. The present study is expected to provide a blueprint for the future development of China's oil and gas industry towards carbon neutrality.展开更多
The challenging conditions to China's steel industry currently are:insufficiency of natural resources, namely iron ore and coking coal,overcapacity of existing facilities,overconsumption of energy and heavy impact...The challenging conditions to China's steel industry currently are:insufficiency of natural resources, namely iron ore and coking coal,overcapacity of existing facilities,overconsumption of energy and heavy impact on global environment.The healthy development of China's steel industry depends on how we could deal with these challenges.展开更多
In 2018, under the guidance of President Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era, China's rare earth industry has made steady progress with significant improvement in overa...In 2018, under the guidance of President Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era, China's rare earth industry has made steady progress with significant improvement in overall efficiency, a constant improvement in management system and a steady improvement in development quality.展开更多
2018 marked the 40th anniversary of China’s adoption of the reform and opening-up policy. To China’s apparel industry, 2018 was a year full of challenges, changes and tests. Faced with the volatile international sit...2018 marked the 40th anniversary of China’s adoption of the reform and opening-up policy. To China’s apparel industry, 2018 was a year full of challenges, changes and tests. Faced with the volatile international situ-ations and the tremendous pressure of the domestic structural adjustment, China’s apparel industry had maintained an overall steady development momentum characterized by steady performance on the domestic and foreign sales market, steady improvement of the operation quality and efficiency, improvement of transformation and upgrade effects, regardless of gathering crises and uncertainties.展开更多
This paper analyses the tail risk contagion of US market implied volatility(USIV)on China's energy futures(CEF)markets,exploring how to utilize operations in the CEF to achieve a safe haven.Leveraging CEF characte...This paper analyses the tail risk contagion of US market implied volatility(USIV)on China's energy futures(CEF)markets,exploring how to utilize operations in the CEF to achieve a safe haven.Leveraging CEF characteristics to simultaneously take both long-/short-positions and engage in long-/short-run investment horizons,this paper defines eight different CEF safe haven attributes to counteract the tail risk of extreme increases in USIV.Using trading data from March 27,2018,to October 30,2023,the empirical results show that,first,in the analysis of the entire sample period,China's coking coal futures can serve as a weak safe haven,aiding long-position investors in mitigating the tail risks associated with US gold and stock market implied volatility.Coking coal futures also assist short-position investors in countering US stock market implied volatility tail risk.Second,in the sub-period analysis,the safe haven attributes of CEF exhibit strong heterogeneity and asymmetry across different periods.Finally,the time span during which CEF exhibits a particular safe haven attribute does not persist for an extended period.展开更多
基金financial support from the China Postdoctoral Science Foundation project(No.2023M733253)。
文摘This paper attempts to explore the decoupling relationship and its drivers between industrial economic increase and energy-related CO_(2) emissions(ICE). Firstly, the decoupling relationship was evaluated by Tapio index. Then, based on the DEA meta-frontier theory framework which taking into account the regional and industrial heterogeneity and index decomposition method, the driving factors of decoupling process were explored mainly from the view of technology and efficiency. The results show that during2000-2019, weak decoupling was the primary state. Investment scale expansion was the largest reason hindering decoupling process of industrial increase from ICE. Both energy saving and production technology achieved significant progress, which facilitated the decoupling process. Simultaneously, the energy technology gap and production technology gap among regions have been narrowed, and played a role in promoting decoupling process. On the contrary, both scale economy efficiency and pure technical efficiency have inhibiting effects on decoupling process. The former indicates that the scale economy of China's industry was not conducive to improve energy efficiency and production efficiency, while the latter indicates that resource misallocation problem may exist in both energy market and product market.
文摘The current status of the China's software industry is introduced, including the great potential opportunities and many problems across the path to success. The main measures are discussed to keep abreast of the time needs and fuse with the whole family of global IT industry.
文摘With sales at a quarter of a trillion and over 1.3 million employees,Wal-Mart has been the biggest retailing success ever before.A lot of Wal-Mart’s success was attributed to the strong and pervasive culture at the company.China’s retailing industry should really learn something about corporate culture-building from this excellent enterprise,so that one day it would become a strong competitor both home and abroad in retailing industry.
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The software industries in developing countries are facing enormous challenges in order to grow amid fierce competition of import from the software makers in developed countries. Open source software (OSS) movement, which is a particular phenomenon in the software industries, seems to be a challenging opportunity for the developing countries that wants to move their own software industries up the value chain. This paper, using China as an example, identifies the issues that need to be addressed for the software industry, as well as the special characteristics of software products that need to be dealt with carefully. It proposes promoting OSS as a strategy the Chinese government should adopt to grow the software industry and the specific actions that should be taken.
基金support provided by the Major Program of National Social Science Foundation of China(No.21ZDA030)Natural Science Foundation of Xinjiang(No.2022D01E56)Open Research Fund of Tianshan Research Institute(No.TSKF20220010).
文摘In light of carbon-neutral pledge, the oil and gas industry has been facing several critical new challenges in China. The current status and new challenges in terms of market mechanism reform, supply-consumption balance and key technology innovation in China's oil and gas industry are reviewed in the present study, and new strategies and roadmaps are proposed to cope with the challenges. The study found that (i) the oil and gas market faces challenges such as incomplete pricing mechanisms, unclear subject rights, and the lack of recognition and trading of carbon assets. (ii) the trade-off between short-term supply security and long-term low-carbon supply is the most critical issue. (iii) in addition to typical challenges such as immature technology and lack of funding support, the unclear multiple technology coupling development mode also poses problems for the low-carbon transformation of the oil and gas industry. To address these new challenges, comprehensive strategies and roadmaps for China's oil and gas industry towards carbon neutrality are proposed and discussed in the aspects of participating in market transactions, restructuring production and consumption, deploying key technology innovations, and planning enterprise strategies. The present study is expected to provide a blueprint for the future development of China's oil and gas industry towards carbon neutrality.
文摘The challenging conditions to China's steel industry currently are:insufficiency of natural resources, namely iron ore and coking coal,overcapacity of existing facilities,overconsumption of energy and heavy impact on global environment.The healthy development of China's steel industry depends on how we could deal with these challenges.
文摘In 2018, under the guidance of President Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era, China's rare earth industry has made steady progress with significant improvement in overall efficiency, a constant improvement in management system and a steady improvement in development quality.
文摘2018 marked the 40th anniversary of China’s adoption of the reform and opening-up policy. To China’s apparel industry, 2018 was a year full of challenges, changes and tests. Faced with the volatile international situ-ations and the tremendous pressure of the domestic structural adjustment, China’s apparel industry had maintained an overall steady development momentum characterized by steady performance on the domestic and foreign sales market, steady improvement of the operation quality and efficiency, improvement of transformation and upgrade effects, regardless of gathering crises and uncertainties.
基金financially supported by the National Social Science Fund of China(Grant No.21&ZD110).
文摘This paper analyses the tail risk contagion of US market implied volatility(USIV)on China's energy futures(CEF)markets,exploring how to utilize operations in the CEF to achieve a safe haven.Leveraging CEF characteristics to simultaneously take both long-/short-positions and engage in long-/short-run investment horizons,this paper defines eight different CEF safe haven attributes to counteract the tail risk of extreme increases in USIV.Using trading data from March 27,2018,to October 30,2023,the empirical results show that,first,in the analysis of the entire sample period,China's coking coal futures can serve as a weak safe haven,aiding long-position investors in mitigating the tail risks associated with US gold and stock market implied volatility.Coking coal futures also assist short-position investors in countering US stock market implied volatility tail risk.Second,in the sub-period analysis,the safe haven attributes of CEF exhibit strong heterogeneity and asymmetry across different periods.Finally,the time span during which CEF exhibits a particular safe haven attribute does not persist for an extended period.