Impact of Different Rates of Nitrogen Supplementation on Soil PhysicochemicalProperties and Microbial Diversity in Goji Berry

Goji berry(Lycium barbarum L.)is substantially dependent on nitrogen fertilizer application,which can signifi-cantly enhance fruit yield and Goji berry industrial development in Ningxia,China.This study aimed to analyze the functions of differential nitrogen application rates including low(N1),medium(N2),and high(N3)levels in soil microbial community structure(bacterial and fungal)at 2 diverse soil depths(0-20,20-40 cm)through high-throughput sequencing technology by targeting 16S RNA gene and ITS1&ITS2 regions.All the observed physicochemical parameters exhibited significant improvement(p<0.05)with increased levels of nitrogen and the highest values for most parameters were observed at N2.However,pH decreased(p<0.05)gradually.The alpha and beta diversity analyses for bacterial and fungal communities’metagenome displayed more similarities than differences among all groups.The top bacterial and fungal phyla and genera suggested no obvious(p>0.05)differences among three group treatments(N1,N2,and N3).Furthermore,the functional enrichment analysis demonstrated significant(p<0.05)enrichment of quorum sensing,cysteine and methionine metabolism,and transcriptional machinery for bacterial communities,while various saprotrophic functional roles for fungal communities.Conclusively,moderately reducing the use of N-supplemented fertilizers is conducive to increasing soil nitrogen utilization rate,which can contribute to sustainable agriculture practices through improved soil quality,and microbial community structure and functions.

Do the RMB exchange rate and global commodity prices have asymmetric or symmetric effects on China’s stock prices?

With the rapid expansion of the RMB exchange rate’s floating range,the effects of the RMB exchange rate and global commodity price changes on China’s stock prices are likely to increase.This study uses both auto regressive distributed lag(ARDL)and nonlinear ARDL(NARDL)approaches to explore the symmetric and asymmetric effects of the RMB exchange rate and global commodity prices on China’s stock prices.Our findings show that without considering the critical variable of global commodity prices,there is no cointegration relationship between the RMB exchange rate and China’s stock prices,and the coefficient of the RMB exchange rate is not statistically significant.However,when we introduce global commodity prices into the NARDL model,the result shows that the RMB exchange rate has a negative effect on China’s stock prices,that there indeed exists a long-run cointegration relationship among the RMB exchange rate,global commodity prices,and stock prices in the NARDL model,and that global commodity price changes have an asymmetric effect on China’s stock prices in the long run.Specifically,China’s stock prices are more sensitive to increases than decreases in global commodity prices.Thus,increases in global commodity prices cause China’s stock prices to decline sharply.In contrast,the same magnitude of decline in global commodity prices induces a smaller increase in China’s stock prices.

Discount Rate of China’s New Energy Power Industry

Under the dual pressures of energy crisis and environmental pollution,China’s new energy power industry has become a focal point for environmental management and requires greater investment.In this context,as a significant input of investment projects,discount rate requires a well-calibrated evaluation because new energy power investment projects are highly capital intensive.The main objective of this paper is to evaluate the discount rate of China’s new energy power industry.First,we use Moving Average to correct the parameters of capital asset pricing model(CAPM)and weighted average cost of capital,which extends the literature on the avoidance of CAPM noise information problem.Second,we study the industry-level annual discount rates of mainly China’s new energy power industries,including hydropower,nuclear power,wind power,and photovoltaic power industries for the period of 2014-2019.The results show that discount rates in China’s new energy power industries evolved differently between the years of 2014-2019 with average annual discount rates being 7.56%,5.83%,5.60%,and 8.64%,for the hydropower,nuclear power,wind power,and photovoltaic power industries,respectively.In 2019,the four annual discount rates were highest for the photovoltaic power industry(8.66%),followed by hydropower(7.17%),wind power(5.72%),and nuclear power industry(5.26%).Forecasting to 2020 from the 2019 evaluation base period,the discount rates are 6.37%,5.00%,6.57%,and 9.05%for the photovoltaic power,hydropower,wind power,and nuclear power industries,respectively.Under the different capital structures,their forecasts for the photovoltaic power,hydropower,wind power,and nuclear power industries in 2020 are,respectively,within[4.35%,9.24%],[3.92%,7.10%],[4.58%,10.40%],[5.46%,14.81%].We also discussed more details on capital structure and forecast period of discount rates for China’s new energy power industries.Our analysis shows that it is necessary to establish a new energy power industry database and steadily promote the implementation of policies.

China's Import Growth Rate Exceeds Export Growth in 1998

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China’s Potential Economic Growths during 2015-2025 under Different Scenarios~

China has entered a crucial period of further growth and restructuring that will last until 2025. Based on a review of the major factors affecting China＇s potential economic growth, this paper has created an integrated economic system model consisting of system dynamics, econometrics, and input-output for the forecast of China＇s economic size and structure by 2025. Analysis shows that prior to 2025, China will be able to maintain a potential annual economic growth rate of 5.7%-7.2%. Faced with an international environment of a possible slowdown of advanced economies and diminishing demographic dividends, China needs to further expedite its urbanization process, enhance R＆D and education spending, increase total factor productivity （TFP）, vigorously develop the tertiary sector, and expand consumption in order to achieve the optimistically estimated growth of 6.6%-7.4% during the period of 2015-2025. Economic growth should be accompanied by the upgrade of industry structure and improvement of investment and consumption structures.

New Institutional Mechanism in China Facilitating the Global Sustainability——Environment to Be Counted in Officials' Performance Rating

Having argued the importance of China's sustainable development in global sustainability, the authors review the achievements of China in sustainable development, especially its institutional construction. Environment to be counted in official's political performance rating system is thought of as a new institutional mechanism in China facilitating its sustainable development and then global sustainability. Then its significance is narrated and visions in future are envisioned. In the end, certain concrete suggestions for the rating system are given in a practical way.

China's Communications

In 1994, highway and waterway transportation developed rapidly. On highways, passenger transportation increased 6.4% over 1993, the turnover rate of passengers increased 12%; cargo transportation increased 6.4%, the turnover rate of cargoes increased 10.1%. The loading and unloading quantity of major ports increased 6.2%, while the loading and unloading quantity of foreigntrade cargoes increased 11.1%. Highways open to traffic reached 1.11 million km, among which 1, 600 km were high-speed highways, including newly-built 458 km, and 9, 174 km were first- and secondgrade special highways for automobiles, including newly-built 179 km. Twenty deep water berths were built along the seacoast with newly-increased loading and unloading capacity of 25.8

How China's young economists see the country's economy

The Institute of Industrial Economics at the Chinese Academy of Social Sciences and China Business Journal jointly conducted an online survey on the thinking and research of China’s young economists on the country’s economic issues. The survey lasted from June 17 to June 26,2009.

China"s Financial Situation and Its Task

Since the beginning of1995,the financial situation hasbeen gratifying with theimprovement of the macro-economic environment and thedeepening of financialrestructuring.Under the StateCouncil,the People’s Bank ofChina has implemented thepolicy of tightening the moneysupply to a moderate degreeand strengthened thesupervision and control offinance,obtaining remarkableresults.Recently Dai Xianglong,Governor of the People’s Bankof China,introduced thefollowing aspects of thesituation:

Historic Progress of China's Tourism

The first year of the Ninth Five-Year Plan saw historic progress in China’s tourism, as it maintained the momentum of rapid development in the Eighth Five-Year Plan period. 1. China’s international tourism service broke through US$10 billion of profit earnings in 1996, and international tourist sources continued to maintain a strong development momentum, witnessing a growth rate of 10 percent. In the year, we accepted 51.12 million overseas tourists, including 6.74 million foreign tourists, respective

CHANGES FOR CHINA'S FOREIGN TRADE GROWTH

In 1996,China began to set targets for quadrupling its per capitaaverage GNP for a better livelihood and socialist market economicsystem——a kind of mature opening economy in the Ninth Five-YearPlan period(1996-2000),aiming at comformity with the worldeconomy.For these purposes,it is essential to expand China’sopening to the outside for its foreign trade to boom and thus make fulluse of foreign and domestic markets for accelerating our economicdevelopment and upgrading development efficiency.In other words,China’s foreign trade development in the Ninth Five-Year Planperiod will greatly affect and control our economic growth andeconomic system reform.

China's Non-Ferrous Metals Industry

China’s non-ferrous metals industry has constantly maintained a steady, rapid and healthy development since the reform and opening to the outside world. By the end of 1994, the annual output often kinds of common non-ferrous metals such as copper, aluminium, lead, and zinc had reached 3.701 million tons, a 12.2 percent increase over the previous year; the qualification rate of principal products and the output value rate of good quality products all achieved an increase over the previous year. China has

China's Community O2O Market has Great Potential

The development of community businesses and popularized mobile payment will continue to boost China’s citywide020 market.The report'Research on Citywide020 and Community020 Markets'recently released by Roland Berger analyzes China’s market potential,the prospects of some market segments and corporate development strategies.

Vice-Minister Ye Rutang on the Development of China's Construction

Vice-Minister Ye Rutang,ofConstruction,has said that inthe Ninth Five-Year Plan(NFYP)period,China’s constructionundertakings will promote thetransformation of economic systemand growth mode and conscientiouslyimplement the strategy of initiatingscience and education,with thepromotion of the development of thebuilding industry as the mainstream,with the acceleration of theconstruction of houses in urban andrural areas,public facilities and keyprojects construction as focal points,with the cultivation andstandardization of the constructionmarket as a base,and with theintensification of the control andmanagement as a means,to whichend we should constantly deepenthe reform,expand the opening tothe outside world,persist in stressingboth civil construction,fulfill eachtask of construction at a high leveland on a safe and highly efficientbasis and make a due contributionto promoting the sustained,rapidand healthy development of thenational economy andcomprehensive socia progress.

China's New Tax System Benefits Foreign Investors

To meet the requirements of a socialist market economy and overcome the inherent sharp contradictions of the former taxation system, China began reforming the structure of its tax system this year. The structural reform has been carried out under theguidelines of unifying the tax law, creating equal treatment, simplifying the tax system, building up a rational tax revenue sharing system, redressing distribution relationships, standardizing the mode

CHINA'S INSURANCE BUSINESS

Since implementing the policy of reformand opening,China has resumed itsdomestic insurance business that washalted for two decades.Originally,the ChinaPeople’s Insurance Corporation monopolizedall the insurance business and developedrapidly,with its structural organs distributedwidely in all the provinces,municipalitiesand counties,its staff growing to 120,000and the business expanding far beyond thegrowth rate of the national economy.But theeconomic system reform deepening

Yu Xiaosong Reviewing China's Present Economic Situation & Investment Climate

During the Fifth Asian and Pacific International Fairs held in Beijing, the vice minister of State Economic and Trade Commission, Yu Xiaosong, gave a review of the economic situation and investment environment of China to business people and journalists of various countries. This year is a key year in China’s economic system reform. The reform schemes for financial and taxation, monetary, investment and foreign

China's economic growth pushed by domestic demand and relevant measures

By contrast to a slowdown in the world economy, China kept up a rapid growth rate, a relatively high quality of growth and low inflation for the year 2001. This is mainly due to the result of proactive fiscal policies that the Chinese Government adopted to stimulate domestic demand. Domestic demand can be divided into investment demand and consumption demand,

China’s Yuan Hits New Record High at 6.6229 per USD

The Chinese currency, the yuan, strengthened Thursday—Dec. 30th, to a record 6.6229 per U.S. dollar, after 10 consecutive days of gains.

Do Chinese Women Face Subtle Discrimination in Job Hiring?

Gender discrimination has long been the problem that exists in the entire world,including China.However,as more and more people are focusing on the general gender discrimination,the group recognized an extension of such discrimination-pregnancy discrimination in job hiring(the discrimination that women who are pregnant or have the inclination to pregnancy receive in hiring).The possible subtle pregnancy discrimination may be one of the main causes that lead to the declining fertility rate in China.The group decided to conduct an experiment to determine whether women are receiving more subtle discrimination in job hiring due to their identity as mother than men with children,men without children,and women without children.Using the form of questionary and resumes,the team found that Chinese women are indeed enduring subtle discrimination in work hiring.The experiment highlights the importance to promote further equality among women.However,there are some confounding variables,like the level of patient of the HR who reads the resume,affecting the ultimate result of the study.Keywords:gender discrimination,women’s career,Chinese job market,pregnancy discrimination,fertility rate in China.