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.

The Construct of the Story Continuation Writing Task: Insights From the China’s Standards of English Language Ability

Although the story continuation writing task(SCWT) has attracted much research attention, few studies have investigated the construct of the task, particularly with respect to which language competence it focuses on. In addition, although some studies have demonstrated that China’s Standards of English Language Ability(CSE) provides comprehensive insights into the development of Chinese learners’ English language proficiency, little research has investigated the relationship between CSE and SCWT. This study drew upon the CSE to develop an SCWT language use inventory to address the above research gaps. A total of 358 high school students were asked to complete the questionnaire, of which 277 valid responses were analyzed. Exploratory factor analysis(EFA) on the CSE-based questionnaire revealed the presence of six factors, namely language correctness, language variety, task planning, connecting-and-generating, selecting-andmining, and organizing. The strategy of connecting-and-generating was the only significant predictor of the learners’ SCWT scores. The paper also discusses the findings relating to the SCWT rating and other integrated writing tasks.

Communicative Language Teaching and Its Application in China's Context

English learning as a language communication is considered as much more like an approach rather than a method in most cases.This paper focuses on the introduction of the situation of development of communicative language teaching approach abroad and at home.And extra attention has been paid to the current realities of teaching in underdeveloped area in China,with certain suggested strategies proposed along with.

Foresights, Expectations and Implications of China＇s Foreign Language Proficiency Scaling and Rating Framework

Referring to the well established foreign language proficiency evaluation scale frameworks such as the CEFR （Common European Framework of Reference for Languages） in Europe and ILR （The Interagency Language Roundtable） scale in the United States, Chinese language education authority is dedicating great efforts to the contruction of the Chinese targeted and tailored national proficiency evaluation system. This initiative will tremendously subvert the traditional language learning and testing mechanism, bring phenomenal transformations and innovations to the future language learning and teaching approaches and methodologies, and meanwhile impose great influence on the language concerning administration and profession.

A Probe into Some Aspects in China's Foreign Language Curriculum

—"Where do I begin?"The place to begin is with your own assumptions about what students should learn and how they learn best.Curriculum plans are most likely to be acted on when their assumptions coincide with the teacher’s ideas about learning.When teachers are required to use plans whose assumptions differ from their own,they adapt them to suit their own purposes.

China's Ethnic Minorities and Their Own Languages

China has 56 ethnic groups, who speak a total of 120 languages. Chinese, China＇s official language, is spoken by the Han, Hui and Manethnic groups, and all the other ethnic groups have their own languages. About 15 million people speak the Zhuang lan- guage, outnumbering speakers of any other ethnic minority language. Quite a few ethnic minority groups have two or even more spoken languages. Though belonging to the same ethnic group, the ethnic Yaos who live in different places speak four different languages -the Mian, Bunu, Lajia and Yangbu. The ethnic Jingpos also have four different spoken languages the Jingpo, Zaiwa, Langsu and Leqi.

A Corpus-Based Critical Discourse Analysis of Trump and Biden Administrations’China Policies

The theory of proximization is an effective discourse strategy to study the speaker’s ability to achieve his own legitimacy or reinforce the other’s illegitimacy,and its superiority can be maximized by means of quantitative and comparative analysis.In this study,we collected reports on Trump’s and Biden’s policies on China to build two small corpora,with a total of 11,030 words in the Trump corpus and 17,566 words in the Biden corpus.The critical discourse analysis is combined with proximization theory.With the help of BFSU Qualitative Coder 1.2,Antconc 3.5.7,and Log-Likelihood and Chi-Square Calculator 1.0,a critical cognitive score of the relevant discourse was conducted from the perspective of proximization theory.It has been found that:(1)Both Trump and Biden administrations resort to a large number of spatial proximization strategies to build ODCs converging to IDCs with China as the ODC,posing a threat to internal physical IDCs;(2)in the use of temporal proximization strategy,both administrations use primarily modal verbs and various entities to construct ODCs that extend indefinitely into the present and future,emphasizing the urgency and the threat of the effect and reinforcing the legitimacy of their actions;(3)in terms of axiological proximization strategy,the two administrations differ greatly from each other,indicating that there are still discursive biases.

China's Foreign Policy under New Circumstances (Ⅱ)

The Iraq war and the North Korean nuclear crisis are the two big events that are attracting worldwide attention. The many debates and changes that have arisen around the globe from these two issues, with the former in particular, cannot but cause

China's CDM Policies and Their Development Implications:Major Concerns for CDM Implementation

Most CDM (Clean Development Mechanism) opportunities exist in some large industrializing developing countries. For instance, China is estimated to take 48% of the world potential for CDM project activities. In reality, however, the share by China over the CDM projects registered and CDM projects in the pipeline is less than 10% as of Auguest 2005. This paper will examine the reasons behind, as reflected in China's CDM policies. Further investigation will be made into the use of these policies to boost the country's sustainable development, the sustainable development implications and effects of these policies. In addition, it is noted that incompatibility of some other Chinese laws and policies can be responsible for the low level and slow pace of CDM implementation in China and some suggestions are offered for promoting CDM project activities in China. There also exist barriers at the international level that impedes implementation of CDM project activities. A conclusion is drawn that CDM policies in a developing country like China aim mainly at promotion of sustainable development and to a lesser extent the generation of CERs.

Bush' s China Policy and the Future of Sino-U.S.Relations

The past two years have witnessed great fluctuations ininternational oil prices,and diplomatic efforts,both above andunder the table,by major powers around this issue.The currenttension in the war-threatened Iraq has added more uncertainties to thefuture world oil situation.Will the world oil supply and demand change?What impact would this exert on big powers’ oil strategy choices,geopolitics as well as world economy?What should China do in such asituation?To find the answers to these questions,at the invitation of theeditor of the Contemporary International Relations,seven experts fromChina Institute of Contemporary International Relations gathered to have adiscussion in early February this year.Naturally,they have differentviews over many issues.Still,we hope our readers would find theirdiscussion interesting.Following is the list of participants.

Major Features of the New Situation and China's Foreign Policy

Speaking of "China’s foreign policy under new circumstances," there are five features of the new circumstances in my opinion. All these five features will not fundamentally change in accordance with major events such as the Iraq war, and to a certain extent, determine that China’s basic foreign policy need not and will not make major adjustments.

China Issues China's African Policies

50 years before, China established diplomatic relations with Egypt, marking the start of the course of the diplomatic relations between China and Africa.……

Research Report on China's Policy toward Central/East European Countries

With the admission of eight Central/East European countries in May 1, 2004 in sight, realization of the objective of EU’s first phase eastern extension will signify a major step toward the concept of "a Europe kept far away from war" through promoting regional integration.

China＇s G20 Policy： Continuation and Adjustment

As the biggest developing country in the Group of Twenty （G20）, China has consistently supported measures to stimulate world economic recovery, called for reform of the international financial system and substantial assistance to developing countries, and opposed protectionism in all forms. Given the stagnation of the G20 process in recent years, China has focused on the Development Agenda in the G20 framework and, in particular, promoted the importance of infrastructure in global economic growth, an area that intersects with development, investment, employment, and assistance to developing countries. By combining her own economic advantage with the great demand for infrastructure financing in the developing world, China expects to help developing countries build their own capacity in economic growth and at the same time provide greater leadership in narrowing the deficit in global economic governance.

Economic Analysis of Diesel Fuel Subsidy Policy in China's Fishery

In this paper,on the basis of an overview of the evolution of diesel fuel subsidy policy in China's fishery,we perform an economic analysis of the existing diesel fuel subsidy policy,and believe that it is fishing shareholders rather than fishermen who benefit most from the diesel fuel subsidy policy. The diesel fuel subsidy policy is not conducive to fishery resources protection,it will cause no fluctuation in the supply price of aquatic products,and it can not effectively increase the income of all fishermen. It is necessary to focus on subsidy method,subsidy links and subsidy level to improve diesel fuel subsidy efficiency,lower production costs,stabilize fishery production,and increase the income of fishermen.

Report on China's ASEAN Policy

In the mid-1990s,the Association of Southeast Asian Nations(ASEAN)was in top condition since its establishment in 1967.At that time with good governments and united people,all of

Report on China's EU Policy

With the coming of the new century, the European Union (EU)arrives on the world scene with a complete new look. At the beginning of the year, the union signed the Nice Treaty in response to the needs of further integration and east-ward enlargement.