Moderating effect of corporate financialization on the impact of climate policy on corporate green innovation:Evidence from China

With intensifying global climate change,humanity is confronted with unparalleled environmental challenges and risks.This study employs the staggered difference-in-difference model to examine the relationship between climate policy and green innovation in the corporate financialization context.Using Chinese-listed company data from 2008 to 2020,our analysis reveals a favorable correlation between China’s carbon emission trading policy(CCTP)and advancements in green innovation.Furthermore,we find that the level of corporate financialization moderates this correlation,diminishing the driving effect of CCTP on green innovation.Additionally,results of heterogeneity analysis show that this moderating consequence is more evident in non-state owned and low-digitization enterprises compared with state-owned and high-digitization ones.Our findings contribute to the existing literature by clarifying the interaction between CCTP,green innovation,and corporate financialization.Our research provides valuable insights for policymakers and stakeholders seeking to strengthen climate policies and encourages green innovation in different types of businesses.

Will China’s carbon-trading policy foster coordinated innovation in green technologies?

Accelerating green innovation is crucial for achieving high-quality development in China.Despite this importance,empirical evidence on the harmonization techniques in the context of carbon-trading policies has been remarkably thin.To address this gap,we employed the difference-in-difference(DID)and spatial difference-in-difference(S-DID)models using panel data from 2007 to 2017 for 30 Chinese provinces.Our findings reveal that the carbon-trading policy contributes significantly to the coordinated advancement of green technologies across Chinese provinces and exhibits a local siphoning effect.Specifically,the pilot areas of the policy have attracted talent from neighboring regions,which has fostered local cooperation and promoted coordinated innovation in green technologies within the region.

Research on the effects of command-and-control and market-oriented policy tools on China's energy conservation and emissions reduction innovation

The impact of environmental regulation on technology innovation is a hot spot in current research where a large number of empirical studies are based on Porter Hypothesis(PH). However, there are still controversies in academia about the establishment of "weak" and "narrow" versions of PH. Based on the panel data of application for patent of energy conservation and emission reduction(ECER) technology of Chinese city scale during 2008-2014, comprehensive energy price, pollutant emission, etc., mixed regression model and systematic generalized method of moments method were adopted, respectively,to study the impact of market-oriented and command-and-control policy tool on China's ECER technology innovation. The results show that the environmental regulation hindered the technological innovation in the immediate phase; however, it turned out to be positive in the first-lag phase. Hence, the establishment of "weak" PH is time-bounded. The command-and-control policy tool played a more positive role in promoting technological innovation in the first-lag phase than market-oriented policy tool. Therefore, "narrow" PH is not tenable. The reason is that the main participants of China's ECER technology innovation are state-owned companies and public institutions. Regionally speaking, the impact which command-and-control policy tool has on technological innovation at sight was nonsignificant in the eastern, the central, and the western regions of China whilst market-oriented policy tool had a negative effect. And market-oriented policy tool in the central region had strongest negative effect, which would diminish in the eastern region and become weakest in the western region. This was related to regional energy consumption level and the market economic vitality.

ICT Development and Innovation Policy in China

The information and communications technology （ICT） industries＇ development and the China＇s trend to innovative economy are outlined. The relationship between the national innovation system and innovation policy are analyzed. Moreover, the innovation policy in China is discussed and a recommendation to the further ICT innovative policy making is made.

Geographical Distribution of Atmospheric Nitrogen Deposition in China and Its Response to Emission Control Policy

Atmospheric nitrogen(N)deposition has experienced significant change because of anthropogenic emissions,thereby exerting a pronounced impact on global ecosystem services.With the rapid development of industry and agriculture and the swift expansion of urban areas in China since the 1980s,reactive nitrogen(Nr)emissions and N deposition have substantially increased.In pursuit of im-proving air quality,China has implemented a series of environmental protection policies and undertaken diverse measures to reduce pol-lutant emissions.This paper is a review of multivariate data sources of atmospheric N deposition based on the results of literature from 1980 to 2023,and the original data from 1980 to 2020 are summarized,counted and calculated.The main findings are as follows:1)the annual average atmospheric N deposition ranged from approximately 20-40 kg/(ha·yr),with the variability primarily linked to different assessment methods;2)regional disparities were evident in the spatial distribution of N deposition,with elevated values concentrated in areas with intense Nr emissions;3)atmospheric N deposition significantly declined after 2010,particularly the deposition of oxidized N,while reduced N deposition remained stable.These results reflect the effects of China's serious control policies on nitrogen oxide(NO.)emissions and strengthen the importance of agricultural NH3 emission mitigation.This study contributes to a comprehensive understanding of the N dynamics in the emission-deposition process,and provides a scientific foundation for the research of environmental protection,climate change,and sustainable development.

Coordination Mechanism and Empirical Research on Marine Science Technology Innovation and Marine Eco-civilization:A Case Study of Coastal Areas of China

Marine science technology innovation provides power and guarantees for marine eco-civilization construction,which provides direction and material support for marine science technology innovation.Therefore,the coordinated development of the two is of great significance to the marine economy sustainable development in China’s coastal areas.On the basis of clarifying the connotations of marine science technology innovation and marine eco-civilization in China’s coastal areas from 2006 to 2019,the mechanism for their coordinated development was analysed.A comprehensive indicator system based on the connotation of the two was constructed,and the coordinated development relationship was empirically tested using the coupled coordination model and the panel vector autoregressive(PVAR)model.The results show that:1)the level of China’s coastal marine science technology innovation continues to improve,gradually forming the core of the development of marine science technology innovation in the north,east and south of Shandong,Shanghai and Guangdong;the level of marine eco-civilization development fluctuating upward trend,showing obvious spatial differentiation characteristics.2)The degree of coordination of marine science technology innovation and marine eco-civilization is growing over time.There is no causal relationship between marine science technology innovation and marine eco-civilization in the northern marine economic circle,but there is a two-way causal relationship between the two in the eastern and southern marine economic circles.3)Marine eco-civilization shows a significant positive and continuous impact on marine science technology innovation,and marine science technology innovation shows a long-term,continuous,fluctuating,and lagging impact on marine eco-civilization.The overall role of marine eco-civilization on marine science technology innovation is dominant,and there are significant differences in the impact effects of the two major marine economic circles.

China's climate policy:does an Arctic dimension exist?

The article discusses whether and to what extent an Arctic dimension in Chinese climate policy exists, and whether there are signs of potential linkages between China＇s engagement in the Arctic and its domestic climate policies. Although the Arctic is not directly addressed in domestic climate policy, the article concludes that an Arctic dimension exists, in the following areas： the growing awareness in China of energy-related greenhouse gas emissions, climate risk, resilience and vulnerability, which has contributed to increased attention to climatic change in the Arctic and its impact on China; polar scientific research, which is largely climate related, plays a significant role in determining China＇s Arctic climate agenda; China＇s climate policymaking and domestic institutional set-up is a contributing factor to climate engagement in the Arctic; China＇s status as an observer nation in the Arctic Council might potentially raise the profile of domestic climate policies and lead to the addition of an Arctic pillar to national climate change strategies.

The Behavioral Logic behind India’s Tough Foreign Policy toward China

Conflict between India and China at the Galwan Valley has brought their bilateral relations to the lowest point since the border war in 1962.Although this conflict appeared incidental,it in fact was the inevitable result of India's tough foreign policy featuring"high risk,high yield"pursued by the Modi administration toward China.The subsequent measures of India's tough diplomacy toward China have become more frequent,reflecting both a desire to seek revenge and a deep level of India's logic.Such logic considers not only the policy inertia of India's long-term pursuit of absolute security and dominance in the regional order.but also the intention of Modi's government to overtake China by taking advantages of India's favorable external strategic environment.The existing structural contradictions in China-India relations and the right-leaning tendencies in India's domestic political ecology have laid the groundwork for this conflict to occur and for the Modi administration to pursue a tough foreign policy toward China.This conflict has once again shown the rapid decay of the existing operational mechanism and architecture of thei bilateral relations,which can no longer smooth over the complex interactions between the two major emerging neighbors.As a result,the moment has arrived for China and India to restructure their relations,otherwise their relationship can hardly be continued.

The Belt and Road Initiatives and China＇s Middle East Energy Policy

The paper analyses the roots of the Belt and Road Initiative as well as China＇s Middle East Energy Policy in an age of great transformation. China＇s rapidly progressed economic growth leading to a dramatic increase in China＇s energy demand in recent years. The Middle East countries play a critical role in the international energy markets. Stable relations with the Middle East countries become increasingly important for Chinese energy security, and the continued development. The protection of these relations lies at the core of the Belt and Road Initiative. Within The Belt and Road Initiative, Chinese Middle East energy policy proceeds according to the energy cooperation framework known as ＂1＋2＋3＂, which seeks to build a reliable China-Arab strategic cooperative relationship based on long-term friendship. To avoid over dependence on the energy resources of the Middle East, China will also continue to search for other overseas energy sources and protect transportation channels. Despite risks and challenges associated with energy imports from the Middle East, China has cultivated strong relations with states in the region and will develop these economic ties further in the coming years.

Study on Innovation-oriented Strategies for Rural Tourism Development in China

Through reviewing development of China's rural tourism industry, its history, scale, geographical distribution and development form was introduced briefly, and then motives of rural tourism development were analyzed from the perspectives of tourism industry restructuring, agricultural restructuring, economic foundation, time foundation and spiritual needs. Common problems in the present rural tourism development were proposed as:aggravated environment pollution, low-grade product and insufficient participatory contents, ineffective marketing means, and shortage of talents. In view of these problems, innovative development strategies of rural tourism industry were studied, and it was proposed that environmental pollution supervision should be enhanced from all aspects of developer, manager, tourist and government; diversified tourist products should be developed, such as participatory products for tourist experiencing public-spirited characters, obtaining knowledge of rural areas, renting "Happy Farm", and taking wedding photos; various propagation means can be applied in marketing to enhance the brand building; training talents for rural tourism development in various means.

Effects of China's National Essential Medicines Policy on the Use of Injection in Primary Health Facilities

The overuse of injection exists more than 20 years since economic reform in China.It is a persistent problem and seems becoming a new challenge in the new health reform period.This study was designed to assess the effect of national essential medicines policy(NEMP) on injection use at primary health facilities in China by investigating their prescription information.Questionnaires were designed and disseminated to collect empirical data on injection use at 120 primary health facilities in 6 provinces from January to September in 2010 and 2011.The injection use was measured as the indicator as the percentage of prescriptions with one or more injections.The results showed that the percentage of prescriptions with one or more injections was decreased from 38.91% to 36.82%(2 =11.158,P=0.001) in the all survey areas during the NEMP reform.The difference in level of the injection use in 2011 was significant among the eastern,central and western regions(2 =223.584,P=0.000);level of the injection use in western region was the lowest(27.73%),while that in the central region was the highest(43.10%).The level of the injection use in 2011 among different provinces was also of great difference(26.00%-58.25%,range:32.25%).The level of the injection use in 2011 was still much higher than the standard suggested by WHO for developing countries(13.4%-24.1%).It was concluded that NEMP has improved injection use in China,but the injection abuse situation remains serious,indicating that one of the priorities to the next stage of NEMP is to promote the rational use of drugs,especially the injection use.

Revitalizing Old Industrial Base of Northeast China:Process, Policy and Challenge

Northeast China is the largest old industrial base of China that endured persistent influence of the past planned economy system. This region has lost its leading place since the reform and opening up, and became a backward region by contrast with the coastal areas. This paper elaborates the evolutionary process of the old industrial base of Northeast China, analyses the main reasons for the decline, gives a preliminary evaluation on the revitalizing polices in recent years, and points out major long-term challenges for future revitalization. It concludes that for Northeast China, a relative declining area: 1) it is indispensable to get the long-term policy support from the central government; 2) system reform and structure adjustment are the crucial strategies, particularly the reform of the large and medium state-owned enterprises; and devel-oping new industries is as important as upgrading traditional advantaged industries; 3) the local governments should play an indirect role, avoiding from any unnecessary intervention on economic activity; and 4) social security and investment climate must be improved simultaneously. In addition, the author stresses that the lack of knowledge on the nature of old industrial base had led to failures of the past initiatives, and revitalizing the old industrial base should be treated as a holis-tic regional project including economy growth, society progress and environment improvement.

Evolution Characteristics of Government-Industry-University-Research Cooperative Innovation Network for China＇s Agriculture and Influ- encing Factors： Illustrated According to Agricultural Patent Case

Under the special background of China, the cooperative innovation between different government-industry-university-research institutes plays an increasingly important role in the agricultural field. However, the existing literature has paid little attention to it. Considering the cooperation patents, published in the agriculture field stemming from the Full-text Database of China Patents as the study object, the spatial and institutional attribute of the authors as the data source, and by combining the social network and spatial econometrics analysis, this paper analyzes the structure evolution characteristics of cooperative innovation networks of agricultural government-industry-university-research institute in the city level of China in 1985–2014, based on the triple helix theory, with the influence factors discussed. This shows that, 1) since 1985, China's agricultural innovation level has been substantially increased, but the development degree of the cooperative innovation network is low, and the patent cooperation mainly relies on authors in the same unit; 2) enterprises play a leading role in the agricultural cooperative innovation. The effect of the government and hybrid organizations driven by the government is not obvious; 3) the cooperative innovation in the province and city dominates, and a multi-pole pattern has been formed. The cooperative innovation network structure evolves from a single helix empty core and double helix multi core to a double helix hierarchical network; 4) the city's science, education funding and personnel investment are key factors determining the agricultural cooperative innovation, while the agricultural development of the city presents slight negative impacts on it. The spatial mismatch of supply and demand is present in the technical cooperative innovation of China's agriculture. Therefore, the science enhancement and education investment to big agricultural provinces should be promptly implemented.

Alienation of Rural Cooperative Finance and the Innovation of Financial Organization in China

Based on the elaboration of the content and status of rural cooperative finance, rural cooperative finance--the alienation of rural credit cooperative is introduced from three aspects of the concept and objective of management, the organizational form and management mode, and the service object and business scope. Causes of alienation are analyzed. Firstly, change in the economic foundation of cooperative finance is the fundamental reasons for the alienation. Secondly, mandatory system change led by the government is an important reason for alienation. Thirdly, property and administration structure of rural credit cooperative are the internal reasons for alienation of agricultural support. To achieve the innovation of rural cooperative financial organization, the following aspects should be done: cultivating the basis for rural cooperative economy, further promoting the reform of rural credit cooperatives (innovating a variety of property rights modes; making clear definition of ownership; implementing the internal governance structure), introducing competition in the field of rural cooperative finance, and homing function of government and rural cooperative finance.

Perceptions of climate change in China:The research and policy connection

Global climate change has evolved from a scientific problem into an economic and political problem oI worlOwloe rater- est. National perspectives play a crucial role in addressing climate change. Mutual understanding of perspectives is nec- essary to result in rational policies and a consensus among stakeholders with divergent interests. Conceptual frameworks for understanding the problem of climate change in China, the largest developing country and the largest greenhouse gas emitter, are of great significance to national and international efforts to address the problems of climate change. Chinese perceptions of climate change as a sustainable development problem have recently been in tension with an emerging Western perspective that frames climate change as a security issue. This paper explores Chinese perceptions of climate change as expressed in recent governmental policy statements, public opinion surveys, and academic scholarship with a focus on publications in Chinese-language journals, often unfamiliar in the West. It looks at the relationship between Chinese research and policy and finds that the Chinese policy frame of climate change as a sustainable development problem draws from the body of domestic research and is reflective of the perspectives and multidisciplinary approach of Chinese researchers in areas of climate change.

Evaluation and Influence Factor of Green Efficiency of China’s Agricultural Innovation from the Perspective of Technical Transformation

Agricultural innovation is important for the green transformation of agriculture.Based on the perspective of technology transformation,this paper builds a theoretical analysis framework and evaluation index system for green efficiency of agricultural innovation,and discusses the evolution laws and influencing factors of the green efficiency of China’s agricultural innovation from 2005 to 2017 utilizing the DEA model,Malmquist index,and Tobit regression analysis.The results show that:1)The overall green efficiency of China’s agricultural innovation is not high,the green efficiency of agricultural innovation in eastern China is mainly driven by pure technical efficiency,while that in central and western China is mainly driven by the scale efficiency.The green efficiency of agricultural innovation shows significant spatial differences,and the low efficiency and relatively low-efficiency regions moved to central and southeastern China.2)Technical progress is the main force affecting the change of green total factor productivity of China’s agricultural innovation,seeing a trend of decrease followed by an increase.Pure technical efficiency and scale efficiency exhibit an increasing-decreasing trend,and gradually transform into key factors that restrict the improvement of the green total factor productivity of agricultural innovation.3)Agricultural technologies’diffusion,absorption,and implementation are three influencing factors of the green efficiency of agricultural innovation.The local level of informatization,the number of agricultural technicians in enterprises and institutions,average education level of residents,and the level of agricultural mechanization have positive impacts on the promotion of the green efficiency of agricultural innovation,promoting the diffusion,absorption and implementation of agricultural innovation technology can significantly improve the green efficiency of agricultural innovation.

Global Burden of Disease, Injury and Risk Factor Study 2010: Its Policy Implications for China

Results of the Global Burden of Disease, Injury and Risk Factor Study 2010 （GBD 2010） were released on December 13, 2012 in London, a series of papers concerning the project have been published in the Lancet[1]. Research findings of the project have been reported in the United States, the United Kingdom, Indonesia, China[2] and Australia, and widely applied across the world. In addition, the GBD 2010 will see more countries report their project research findings and implement these findings in the near future. The GBD 2010 provides researchers, administrators and policymakers with new and critical sources for their research, teaching and policymaking.

Where is the future of China's biogas? Review, forecast,and policy implications

This paper discusses the history and present status of different categories of biogas production in China,most of which are classified into rural household production,agriculture-based engineering production,and industry-based engineering production.To evaluate the future biogas production of China,five models including the Hubbert model,the Weibull model,the generalized Weng model,the H-C-Z model,and the Grey model are applied to analyze and forecast the biogas production of each province and the entire country.It is proved that those models which originated from oil research can also be applied to other energy sources.The simulation results reveal that China＇s total biogas production is unlikely to keep on a fast-growing trend in the next few years,mainly due to a recent decrease in rural household production,and this greatly differs from the previous goal set by the official department.In addition,China＇s biogas production will present a more uneven pattern among regions in the future.This paper will give preliminary explanation for the regional difference of the three biogas sectors and propose some recommendations for instituting corresponding policies and strategies to promote the development of the biogas industry in China.

Challenge, opportunity and development： Influencing factors and tendencies of curriculum innovation on undergraduate nursing education in the mainland of China

Background： As the deep influence of traditional medical education, many undergraduate nursing colleges and universities in China still keep the traditional disease-focused curriculum system. However, it became outdated as the Chinese high nursing education developed. Meanwhile, the increasing demand of nursing human resources stimulates the enrollment expansion of colleges. All of these bring more difficulties and opportunities for nurse educators who are endeavoring to reform the undergraduate curriculum. Methods： The authors retrospectively reviewed the related literature, illustrated the existing challenges and opportunities during the curriculum renewal process in China. This paper also analyzed the ten- dencies of Chinese baccalaureate curriculum innovation. Results： Chinese current undergraduate nursing curriculum has larger proportion of basic medical courses, which brings great challenge for nursing educators. In the meantime, the expansion of enroll- ment brings conflicts with existing nursing education resources in China. Integration, humanization, internationalization and diversification are main tendencies leading the future nursing curriculum innovation in China. Conclusions： The more effective teaching innovations in the nursing education system are in great demand.

Regional Innovation System: Theoretical Approach and Empirical Study of ChinaAPPROACH AND EMPIRICAL STUDY OF CHINA

Regional innovation system (RIS) is the new research field of modern economicgeography in the age of knowledge economy. Based on the researches of regional economic geography,the authors of the paper consider RIS as the integrated and interactive systems with innovationmilieu, elements, units, structure and functions. Five aspects of evaluation indicators includinginnovation input scale and output scale, innovation milieu transition, innovation inner operation,as well as innovation outer impact are worked out for final indicators of RIS scale and quality.According to different RIS situations, three patterns of independent, imitative and cooperativedevelopment are put forward for choosing. At the latter part of the paper, we select 12 provincialregions (including three municipalities and one autonomous region) of China for empirical study. Theresults show that there exists great difference among each region from the aspects of innovationscale and quality mainly owning to the diversification of RIS social and economic milieu, the majorinnovative units of enterprises, universities and R&D institutes. Finally, the paper points out theinnovation development decisions for each region.