With the 19th anniversary of the handover of Hong Kong back to China,the fresh produce supplied to Hong Kong also returned to domestic market.Since the focus of e-commerce competition has shifted towards business mode...With the 19th anniversary of the handover of Hong Kong back to China,the fresh produce supplied to Hong Kong also returned to domestic market.Since the focus of e-commerce competition has shifted towards business model and capital input,some people have been exploring new regional markets for fresh produce and seeking improvement in produce quality,standards and展开更多
In recent years,the polyester industry has kept a stable development,and the consumption for PTA has been lifted up year by year.From 2001 to 2006,the growth rate of PTA consumption was around 20.7% averagely.Though i...In recent years,the polyester industry has kept a stable development,and the consumption for PTA has been lifted up year by year.From 2001 to 2006,the growth rate of PTA consumption was around 20.7% averagely.Though it began to be not as fast as it used to in recent a couple展开更多
After the successful launch of Yaogan 14, the 25Nms control moment gyroscope onboard the Yaogan 14 satellite successfully finished the attitude maneuver commands to the satellite and operates in a normal state. The su...After the successful launch of Yaogan 14, the 25Nms control moment gyroscope onboard the Yaogan 14 satellite successfully finished the attitude maneuver commands to the satellite and operates in a normal state. The successful maiden use of the 25Nms gyroscope fills the gap in the field of small control moment gyroscopes in展开更多
From the perspective of domestic market integration,this paper systematically examines the impact of transportation infrastructure conditions on excess sensitivity of household consumption based on the China Family Pa...From the perspective of domestic market integration,this paper systematically examines the impact of transportation infrastructure conditions on excess sensitivity of household consumption based on the China Family Panel Survey(CFPS)and multi-level matching panel data of transportation network density.The results show that the fast-growing development of the transportation infrastructure network has a significant alleviating effect on excess sensitivity of household consumption along the route,and the conclusion is still robust after the use of the multi-dimensional instrumental variable method and a series of robustness tests.According to the heterogeneity tests,in terms of the alleviating effect of transportation infrastructure,railroads rank the first,highways the second,substandard roads the third,waterways the fourth,and roads of other grades at the bottom.The mechanism test reveals that the improvement of domestic market integration is an important channel for transportation infrastructure to alleviate excess sensitivity of household consumption.This paper confirms that improving the transportation infrustructure system is conducive to the construction of a unified national market,alleviating excess sensitivity of consumption and stimulating consumption.This paper provides suggestions for implementing the strategy of boosting domestic demand,and helps the government understand households'consumption decision-making from a broader perspective.This study also provides a theoretical basis for the economic spillover effect of transportation infrastructure.展开更多
Under the background of China's accelerating high-quality development,whether expanding domestic demand can promote the improvement of the core competitiveness of local enterprises is still lacking support of theo...Under the background of China's accelerating high-quality development,whether expanding domestic demand can promote the improvement of the core competitiveness of local enterprises is still lacking support of theoretical and empirical evidence.Using micro-data at the level of Chinese industrial enterprises,this paper empirically examines the impact mechanism and effect of domestic market demand on the enhancement of local enterprises'core competitiveness.The research shows the following three findings.First,domestic market demand will help local enterprises to increase investment in R&D and design and brand marketing,so as to promote value-added activities to shift from tangible activities in production to intangible activities before and after production,thereby improving their own core competitiveness.Second,further deconstructing market competition factors from the perspective of ownership shows that,driven by domestic market demand,non-state-owned enterprises can enhance their core competitiveness better than state-owned enterprises.Third,China's regional industrial distribution and development have the typical echelon characteristics,which leads to the geographical heterogeneity of the promotion effect of domestic market demand on the local enterprises to enhance their core competitiveness,showing a ladder-type declining trend from the east to the middle and then to the west.These findings provide a useful decision-making reference for better implementation of the strategy of expanding domestic demand under the background of accelerating the construction of a new developmentpattern.展开更多
This paper employs a hybrid methodology that combines case study and econometric research to examine the impact of the Internet on domestic market integration. There is not much research on this issue in the literatur...This paper employs a hybrid methodology that combines case study and econometric research to examine the impact of the Internet on domestic market integration. There is not much research on this issue in the literature. From the multi-case analysis, this paper firstly obtains two main indications which are clear yet contrary to each other about how the Internet influences the market integration process. To be specific, although the Internet has both the ability and the potential to promote market integration, it is not always effective and could even harm this process due to several constraints. Using a provincial-level panel dataset from 2007 to 2013 in China, this paper empirically investigates whether the Internet plays a positive role in the market integration process. Contradictory to common expectations, we do not find any empirical evidence that the Intemet accelerates the integration of domestic markets. Thus, when compared with taking advantage of Internet tools, manmade obstacles to market integration that exist in current trading systems and business models deserve more attention.展开更多
In the lOth Five-Year-Plan period, the textile industry will further underline the structural rationalization, and intensify the reform and renovation to set us a modern enterprise system, and encourage and direct the...In the lOth Five-Year-Plan period, the textile industry will further underline the structural rationalization, and intensify the reform and renovation to set us a modern enterprise system, and encourage and direct the growth of the non-stateowned economy. And new & high-tech, will be applied to the traditional industry and the enough attention will be given to sourcing the new potentials for economic growth, and also to actively exploring the international and domestic market展开更多
This paper analyzes the demands of national tourism in China. They are respectively the upraise of national tourism, the rapid increase of tourist scale, the strength with the leadership of government, the combination...This paper analyzes the demands of national tourism in China. They are respectively the upraise of national tourism, the rapid increase of tourist scale, the strength with the leadership of government, the combination of marketing, the variety of behavior, regional consumption and the relationship with economic income as well as the guide of leisure time.展开更多
To sustain the upland conversion program (UCP) in China after the government compensation expires, we suggest an establishment of a domestic carbon market where forest carbon from the UCP can be traded. Taking south...To sustain the upland conversion program (UCP) in China after the government compensation expires, we suggest an establishment of a domestic carbon market where forest carbon from the UCP can be traded. Taking southwest China's Yunnan Province as an example, we explored the feasibility of switching the UCP to a carbon offset project. The breakeven carbon price which is equivalent to the opportunity cost of agricultural cultivation was estimated and then compared with the carbon price in the international market. We found that it is feasible to change the UCP to a carbon offset project if the duration is longer than 10 years at a discount rate of 7%, and if the recent bid price (147.2 Yuan.t-1) for Chinese carbon offset project prevails. The feasibility is better for converted land with lower productivity when the project duration is given. For a given site index, the feasibility is lower as pro- ject length is reduced. The results of sensitivity analysis show that the feasibility will be enhanced as the discount rate increases; however, the changes in the price of agricultural products and the amount of sequestered carbon have insignificant effects on the choice of sites and project duration.展开更多
Sharp fluctuation of soybean prices in international and domestic markets has caused big risks for both domestic soybean producers and processing enterprises in recent years. It also increases the difficulties in impl...Sharp fluctuation of soybean prices in international and domestic markets has caused big risks for both domestic soybean producers and processing enterprises in recent years. It also increases the difficulties in implementing price stabilization policy for the government. This paper analyzes the volatility spillovers in soybean prices between international and domestic markets using the multivariate VAR-BEKK-GARCH model based on the data set from December 22,2004 to December 19,2014. The estimate results indicate that there are volatility spillover effects from domestic futures market to spot market and bilateral spillover between international futures market and domestic spot market. In order to prevent market manipulation and to reduce the impacts of price volatility in international soybean market on Chinese market,this paper proposes the following policy measures such as establishing early warning mechanism for soybean price fluctuations,improving soybean futures contract design and strengthening trading risk management mechanism,amplifying information disclosure system,and regularizing speculation activities of big traders.展开更多
Shanghai Yatai Meters & Instruments Co. Ltd. was set up in 1991. It is engaged in research and development of meters and instruments for industrial duration measurement and control system. It is a new hi-tech ente...Shanghai Yatai Meters & Instruments Co. Ltd. was set up in 1991. It is engaged in research and development of meters and instruments for industrial duration measurement and control system. It is a new hi-tech enterprise worthy of the name. Recently it has completed the reform of holdings system.展开更多
It has been our consistent policy to expand the opening policy, while using foreign capital reasonably and effectively. Our experience of economic development since China’s economic reform and opening to the outside ...It has been our consistent policy to expand the opening policy, while using foreign capital reasonably and effectively. Our experience of economic development since China’s economic reform and opening to the outside world 20 years ago has shown that implementing the opening policy, participation in the international division of labour and exchange, the use of both domestic and international markets and resources, and the introduction of a foreign展开更多
According to statistics, China’s domestic clothing consumption averaged an annual growth rate of 14.72 percent from 2001 to 2008, 2009 growth rate is expected to remain more than 15 percent, although exposed
文摘With the 19th anniversary of the handover of Hong Kong back to China,the fresh produce supplied to Hong Kong also returned to domestic market.Since the focus of e-commerce competition has shifted towards business model and capital input,some people have been exploring new regional markets for fresh produce and seeking improvement in produce quality,standards and
文摘In recent years,the polyester industry has kept a stable development,and the consumption for PTA has been lifted up year by year.From 2001 to 2006,the growth rate of PTA consumption was around 20.7% averagely.Though it began to be not as fast as it used to in recent a couple
文摘After the successful launch of Yaogan 14, the 25Nms control moment gyroscope onboard the Yaogan 14 satellite successfully finished the attitude maneuver commands to the satellite and operates in a normal state. The successful maiden use of the 25Nms gyroscope fills the gap in the field of small control moment gyroscopes in
文摘From the perspective of domestic market integration,this paper systematically examines the impact of transportation infrastructure conditions on excess sensitivity of household consumption based on the China Family Panel Survey(CFPS)and multi-level matching panel data of transportation network density.The results show that the fast-growing development of the transportation infrastructure network has a significant alleviating effect on excess sensitivity of household consumption along the route,and the conclusion is still robust after the use of the multi-dimensional instrumental variable method and a series of robustness tests.According to the heterogeneity tests,in terms of the alleviating effect of transportation infrastructure,railroads rank the first,highways the second,substandard roads the third,waterways the fourth,and roads of other grades at the bottom.The mechanism test reveals that the improvement of domestic market integration is an important channel for transportation infrastructure to alleviate excess sensitivity of household consumption.This paper confirms that improving the transportation infrustructure system is conducive to the construction of a unified national market,alleviating excess sensitivity of consumption and stimulating consumption.This paper provides suggestions for implementing the strategy of boosting domestic demand,and helps the government understand households'consumption decision-making from a broader perspective.This study also provides a theoretical basis for the economic spillover effect of transportation infrastructure.
基金This paper is a phase result of"Capital Formation,Capital Allocation and Adjustment of Industrial Structure"of the National Social Science Fund of China (No.20FGLB002).
文摘Under the background of China's accelerating high-quality development,whether expanding domestic demand can promote the improvement of the core competitiveness of local enterprises is still lacking support of theoretical and empirical evidence.Using micro-data at the level of Chinese industrial enterprises,this paper empirically examines the impact mechanism and effect of domestic market demand on the enhancement of local enterprises'core competitiveness.The research shows the following three findings.First,domestic market demand will help local enterprises to increase investment in R&D and design and brand marketing,so as to promote value-added activities to shift from tangible activities in production to intangible activities before and after production,thereby improving their own core competitiveness.Second,further deconstructing market competition factors from the perspective of ownership shows that,driven by domestic market demand,non-state-owned enterprises can enhance their core competitiveness better than state-owned enterprises.Third,China's regional industrial distribution and development have the typical echelon characteristics,which leads to the geographical heterogeneity of the promotion effect of domestic market demand on the local enterprises to enhance their core competitiveness,showing a ladder-type declining trend from the east to the middle and then to the west.These findings provide a useful decision-making reference for better implementation of the strategy of expanding domestic demand under the background of accelerating the construction of a new developmentpattern.
文摘This paper employs a hybrid methodology that combines case study and econometric research to examine the impact of the Internet on domestic market integration. There is not much research on this issue in the literature. From the multi-case analysis, this paper firstly obtains two main indications which are clear yet contrary to each other about how the Internet influences the market integration process. To be specific, although the Internet has both the ability and the potential to promote market integration, it is not always effective and could even harm this process due to several constraints. Using a provincial-level panel dataset from 2007 to 2013 in China, this paper empirically investigates whether the Internet plays a positive role in the market integration process. Contradictory to common expectations, we do not find any empirical evidence that the Intemet accelerates the integration of domestic markets. Thus, when compared with taking advantage of Internet tools, manmade obstacles to market integration that exist in current trading systems and business models deserve more attention.
文摘In the lOth Five-Year-Plan period, the textile industry will further underline the structural rationalization, and intensify the reform and renovation to set us a modern enterprise system, and encourage and direct the growth of the non-stateowned economy. And new & high-tech, will be applied to the traditional industry and the enough attention will be given to sourcing the new potentials for economic growth, and also to actively exploring the international and domestic market
基金Under the auspices of the National Natural Science Foundation of China (No.49771031)
文摘This paper analyzes the demands of national tourism in China. They are respectively the upraise of national tourism, the rapid increase of tourist scale, the strength with the leadership of government, the combination of marketing, the variety of behavior, regional consumption and the relationship with economic income as well as the guide of leisure time.
文摘To sustain the upland conversion program (UCP) in China after the government compensation expires, we suggest an establishment of a domestic carbon market where forest carbon from the UCP can be traded. Taking southwest China's Yunnan Province as an example, we explored the feasibility of switching the UCP to a carbon offset project. The breakeven carbon price which is equivalent to the opportunity cost of agricultural cultivation was estimated and then compared with the carbon price in the international market. We found that it is feasible to change the UCP to a carbon offset project if the duration is longer than 10 years at a discount rate of 7%, and if the recent bid price (147.2 Yuan.t-1) for Chinese carbon offset project prevails. The feasibility is better for converted land with lower productivity when the project duration is given. For a given site index, the feasibility is lower as pro- ject length is reduced. The results of sensitivity analysis show that the feasibility will be enhanced as the discount rate increases; however, the changes in the price of agricultural products and the amount of sequestered carbon have insignificant effects on the choice of sites and project duration.
基金Supported by National Social Science Foundation of China(13BJY141)
文摘Sharp fluctuation of soybean prices in international and domestic markets has caused big risks for both domestic soybean producers and processing enterprises in recent years. It also increases the difficulties in implementing price stabilization policy for the government. This paper analyzes the volatility spillovers in soybean prices between international and domestic markets using the multivariate VAR-BEKK-GARCH model based on the data set from December 22,2004 to December 19,2014. The estimate results indicate that there are volatility spillover effects from domestic futures market to spot market and bilateral spillover between international futures market and domestic spot market. In order to prevent market manipulation and to reduce the impacts of price volatility in international soybean market on Chinese market,this paper proposes the following policy measures such as establishing early warning mechanism for soybean price fluctuations,improving soybean futures contract design and strengthening trading risk management mechanism,amplifying information disclosure system,and regularizing speculation activities of big traders.
文摘Shanghai Yatai Meters & Instruments Co. Ltd. was set up in 1991. It is engaged in research and development of meters and instruments for industrial duration measurement and control system. It is a new hi-tech enterprise worthy of the name. Recently it has completed the reform of holdings system.
文摘It has been our consistent policy to expand the opening policy, while using foreign capital reasonably and effectively. Our experience of economic development since China’s economic reform and opening to the outside world 20 years ago has shown that implementing the opening policy, participation in the international division of labour and exchange, the use of both domestic and international markets and resources, and the introduction of a foreign
文摘According to statistics, China’s domestic clothing consumption averaged an annual growth rate of 14.72 percent from 2001 to 2008, 2009 growth rate is expected to remain more than 15 percent, although exposed