The optimization of government subsidies to enhance the efficiency of coal companies’green transformation constitutes a critical component in the pursuit of global sustainability.We investigate the influence mechanis...The optimization of government subsidies to enhance the efficiency of coal companies’green transformation constitutes a critical component in the pursuit of global sustainability.We investigate the influence mechanism of government subsidies on the green transformation using data from the listed coal companies in China from 2007 to 2022.According to our findings and hypothesis testing,previous government subsidies did not have a significant direct impact on coal companies’green transformation.Nevertheless,government subsidies can help coal companies transition to greener practices by promoting innovative green initiatives.Furthermore,we confirmed an indirect route:that government subsidies enable the adoption of low-carbon initiatives,which in turn could facilitate the transition of coal companies towards green practices.In addition,we discovered that the coal company’s digitization will improve this indirect route.Thus,we propose increasing the effectiveness of government subsidies in facilitating coal companies’transition to green practices by focusing on technological advancements and enhancing company digitalization.展开更多
Imagery analysis is a commonly used analytical method in literary analysis.In Angela Carter’s work,the image of wolves is particularly prominent.Her“Werewolf Tetralogy”rewrites traditional culture and subverts trad...Imagery analysis is a commonly used analytical method in literary analysis.In Angela Carter’s work,the image of wolves is particularly prominent.Her“Werewolf Tetralogy”rewrites traditional culture and subverts traditional consciousness,and is the research object of many scholars.Starting from the analysis of the wolf image in The Company of Wolves,this paper uses Deleuze’s Becoming-Animal Theory to explore the construction of harmony between nature,humans and gender relations in The Company of Wolves.展开更多
A well-managed company is a company that maximizes the value of its company,which is aimed at achieving maximum profits for shareholders.This research aims to determine and analyze the influence of company size,profit...A well-managed company is a company that maximizes the value of its company,which is aimed at achieving maximum profits for shareholders.This research aims to determine and analyze the influence of company size,profitability,and financial leverage on the value of companies listed on the South Korean Stock Exchange KOSPI 2018-2022.The population consists of 8 South Korean K-Pop entertainment companies registered on KOSPI 2018-2022.The sampling technique used was purposive sampling with a total sample of 8 companies and a 5-year observation period.So that 40 data were processed.The analysis technique is multiple linear regression.The results obtained show that partially company size has no significant effect on company value,profitability has a significant positive effect on company value,and financial leverage has a significant negative effect on company value.Meanwhile,simultaneously company size,profitability,and financial leverage influence company value.展开更多
This article takes water enterprises as the research object,exploring the organic combination of comprehensive budget management under the trend of digitalization and digital technology in the new era,as well as the p...This article takes water enterprises as the research object,exploring the organic combination of comprehensive budget management under the trend of digitalization and digital technology in the new era,as well as the process of management system reform.Introduce the current status of its budget management work,comprehensively analyze the architecture and operation mode of the current comprehensive budget management system of water enterprises,and evaluate and analyze the overall situation and shortcomings of its budget management system based on financial data such as budget formulation and execution.From the perspective of digital restructuring and upgrading of comprehensive budget management work,corresponding countermeasures are proposed to make up for the shortcomings and suggestions for the future development of the enterprise’s comprehensive budget.展开更多
Objective To analyze the improvement of the incentive mechanism of sales personnel in pharmaceutical company A,and to promote the smooth operation and further development of the company in a long term.Methods Compensa...Objective To analyze the improvement of the incentive mechanism of sales personnel in pharmaceutical company A,and to promote the smooth operation and further development of the company in a long term.Methods Compensation incentive,performance appraisal,welfare benefit,training incentive,promotion motivation and enterprise cultural inspiration were explored through questionnaires,telephone interviews and in-person interviews.Results and Conclusion This company’s incentive mechanism has problems in two aspects:Material incentives and spiritual incentives.As to the company’s characteristics and strategic development,the optimization countermeasures of incentive mechanism are proposed from the following three aspects:constructing a reasonable incentive system,establishing an efficient spiritual incentive mechanism,and implementing the dynamic incentive and differentiated incentive simultaneously.展开更多
This article aims to provide a literature review on the impact of equity pledges on corporate value,and to explore in depth the application of equity pledges as a financial tool in corporate governance and capital ope...This article aims to provide a literature review on the impact of equity pledges on corporate value,and to explore in depth the application of equity pledges as a financial tool in corporate governance and capital operation,as well as its multidimensional impact on corporate value.By reviewing and analyzing relevant literature both domestically and internationally,this article first defines the basic concept of equity pledges and then elaborates on the impact mechanism of equity pledges on company value from both positive and negative perspectives.In terms of positive impact,this article explores how equity pledges can promote corporate financing,optimize capital structure,and enhance the control of major shareholders over the company.In terms of negative impacts,the possible control risk,market risk,and potential damage to the interests of small and medium-sized shareholders brought about by equity pledges were analyzed.Furthermore,this article also discusses the differences in the impact of equity pledges on company value in different scenarios and proposes corresponding policy recommendations and research prospects.展开更多
Neurological disorders and injuries lead to the impairment or depletion of neurons in terms of quantity,structure,or function,resulting in the loss of cognitive,emotional,and physical abilities in human beings.This,in...Neurological disorders and injuries lead to the impairment or depletion of neurons in terms of quantity,structure,or function,resulting in the loss of cognitive,emotional,and physical abilities in human beings.This,in turn,accompanies the shortfall of valuable human resources and economic potential,causing a detriment to society.Addressing these challenges,therefore,becomes imperative not only from a humanitarian perspective but also as a means of preserving human capital and bolstering economic prosperity.展开更多
The Global Digital Economy Conference 2024(hereinafter referred to as the GDEC)was recently held at the China National Convention Center in Beijing.Under the theme of“Embarking on a New Era of Digital Intelligence,Sh...The Global Digital Economy Conference 2024(hereinafter referred to as the GDEC)was recently held at the China National Convention Center in Beijing.Under the theme of“Embarking on a New Era of Digital Intelligence,Sharing a New Future of Digital Economy”,exhibitors staged a digital intelligence competition.The White Paper on the Global Digital Economy which was released during the GDEC shows that as of 2024,there are 1,328 global artificial intelligence models,with China accounting for 36%of these.As of the first quarter of 2024,there are nearly 30,000 global AI companies,with China accounting for 15 percent of the total.展开更多
In spite of the slowdown in world economic growth and the escalation of geopolitical tensions,the numerous multinational companies still cast votes of confidence in the Chinese market with their practical actions.In p...In spite of the slowdown in world economic growth and the escalation of geopolitical tensions,the numerous multinational companies still cast votes of confidence in the Chinese market with their practical actions.In particular,Zhejiang Province displayed its magnetic attraction for high-quality foreign investment.Data shows that in 2023,the province’s actual use of FDI(foreign direct investment)came at USD 20.2 billion(exceeding USD 20.0 billion for the first time ever),ranked the 4th nationwide.The total FDI saw an increase of 4.8%year on year,and FDI used in the manufacturing sector rose by 85.8%,whose percentage in the total reached a record high.展开更多
With one month until November 11,all major e-commerce platforms have started their preparations for this great event.The"Double 11"shopping festival was first initiated by Alibaba in 2009and is the world'...With one month until November 11,all major e-commerce platforms have started their preparations for this great event.The"Double 11"shopping festival was first initiated by Alibaba in 2009and is the world's largest online sales gala.This shopping festival is thus named due to the date of November11 and has extended from the original24 hours to several weeks in recent years.The pre-sales stage start from late October.Some new e-commerce companies like TikTok and Pinduoduo have also been involved in the event.展开更多
On April 3,a group of 32 delegates from Global Value Chain Workshop of Developing Countries visited China-Africa Business Council and held discussions with member companies.The workshop is organised by the Academy for...On April 3,a group of 32 delegates from Global Value Chain Workshop of Developing Countries visited China-Africa Business Council and held discussions with member companies.The workshop is organised by the Academy for International Business Officials,Ministry of Commerce,and its participants come from 10 countries in Asia and Africa,including Ethiopia,Nigeria,Sierra Leone,Cambodia,and Sri Lanka.The event aims at strengthening the participation and competitiveness of developing countries in global value chain as well as deepening and promoting international cooperation through field visits and dialogues.展开更多
The statistics of the China matural gas industry prosperity index showed that the China natural gas industry prosperity index was 302.84 in the 1st quarter of 2024,up 3.6%from the 4th quarter of 2023,a stably prospero...The statistics of the China matural gas industry prosperity index showed that the China natural gas industry prosperity index was 302.84 in the 1st quarter of 2024,up 3.6%from the 4th quarter of 2023,a stably prosperous state in the short term and a very prosperous state in the medium to long term;the prosperity index of natural gas production companies was 428.78 in the 1st quarter of 2024.展开更多
The benchmark of Xinjiang's computing power is determined by Karamay,known as an"oil city."With an impressive annual crude oil output exceeding 16 million tons,Karamay is now exploiting computing power,t...The benchmark of Xinjiang's computing power is determined by Karamay,known as an"oil city."With an impressive annual crude oil output exceeding 16 million tons,Karamay is now exploiting computing power,the"new black gold"of the artificial intelligence (AI) era.Since the Karamay Cloud Computing Industrial Park officially opened in 2013,it has attracted more than 150 companies including three that are publicly listed on the New Third Board.展开更多
The oceans'vast expanse has given rise to copious oil and gas resources,with recent years witnessing a steady unlocking of offshore oil and gas potential,positioning them as a key successor in global energy reserv...The oceans'vast expanse has given rise to copious oil and gas resources,with recent years witnessing a steady unlocking of offshore oil and gas potential,positioning them as a key successor in global energy reserves.Currently,offshore oil and gas extraction constitutes nearly a third of the world's oil and gas output.This segment has evolved into a mutually beneficial ecosystem where operators and service providers collaborate closely around exploration and development activities.Investment in offshore oil and gas typically follows a dual "one-third’"pattern,reflecting high upfront costs but promising returns.It also underscores the stark variations in project viability and regional economic efficiency,with monopolistic traits seen at both national and corporate levels.Collaboration has emerged as a key tactic for resource-rich countries and oil companies to advance their offshore ventures.Given the distinct nature of offshore oil and gas development,Chinese oil companies are advised to seize opportunities in marine exploration,emphasize the coordination and planning abilities of the global supply chain,focus on the reserves of offshore oil and gas development technologies,as well as the capabilities of commercial talents and other forms of support,courageously pursue significant offshore assets,and effectively utilize global technology,equipment,and expertise,and rapidly build a competitive edge in offshore oil and gas projects.展开更多
Purpose-Following the regional restructuring,the number of joint-venture railway companies in which the Group participates has significantly increased.This paper aims to explore the challenges faced by China Railway G...Purpose-Following the regional restructuring,the number of joint-venture railway companies in which the Group participates has significantly increased.This paper aims to explore the challenges faced by China Railway Group in managing participation in joint-venture railway companies.The study seeks to propose specific approaches to ensure the effective management of these companies,thereby maximizing the benefits of the regional restructuring and supporting the development of a strong transportation country and a modern infrastructure system.Design/methodology/approach-Based on the change in the shareholding relationship between China Railway Group and the joint-venture railway companies,and considering the current situation of the regional restructuring of these companies,as well as the insights from existing literature and typical case studies,this paper proposes some specific paths for effective management of joint-stock railway companies which China Railway Group participated in.Findings-The problems in participation management are the unclear dual leadership role of the party committee,the lack of discourse power,the lack of synergy between shareholders,the increasing risk of sustainable operation of the loss-making companies and the role of dispatched personnel is not fully played.Based on the theories,combined with the existing research and practical cases,the paper proposed specific approaches,such as perfecting top-level system design,maintaining the discourse power,carrying out differentiated management,arranging personnel rationally,arranging shareholders synergy,and innovating methods to provide references for China Railway Group’s subsequent management of joint venture railway companies.Originality/value-This paper contributes to the existing literature by providing a comprehensive analysis of the challenges faced by China Railway Group in managing participation in joint-venture railway companies following the regional restructuring.The study offers novel insights and practical recommendations for addressing these challenges.The findings can serve as valuable references for China Railway Group’s subsequent management of joint-venture railway companies which participated in,as well as for other stateowned enterprises facing similar challenges in managing their joint ventures.展开更多
On April 14,a flight from China landed at ingsford Smith Airport in Sydney,marking the beginning of the journey for Chinese companies entering the Australian and New Zealand markets.The"Thousands of Entrepreneur ...On April 14,a flight from China landed at ingsford Smith Airport in Sydney,marking the beginning of the journey for Chinese companies entering the Australian and New Zealand markets.The"Thousands of Entrepreneur Delegations Going Overseas"activity is an important measure taken by China Council for the Promotion of International Trade(CCPIT) to help companies develop in foreign markets and promote practical cooperation between Chinese and foreign businesses.Since the beginning of the year.展开更多
China Oil&Gas,Journal No.:ISSN 1006-2696,CN 11-3543/TE.English journal administrated by the China National Petroleum Corporation and sponsored by the Petroleum Industry Press Co.,Ltd.This Journal strives to presen...China Oil&Gas,Journal No.:ISSN 1006-2696,CN 11-3543/TE.English journal administrated by the China National Petroleum Corporation and sponsored by the Petroleum Industry Press Co.,Ltd.This Journal strives to present the key tasks,comprehensive strength,business philosophy,technical standards,and developmental achievements of China's petroleum industry in a deep and structured manner.It plays a positive role in enhancing the global brand influence,strengthening overseas image building,and showing the comprehensive strength of China's oil companies.It has developed unique features and strengths in aspects such as column setup,report content,printing quality,and binding design.This Journal is the only comprehensive English foreign publicity journal for China's petroleum industry and is currently issued bimonthly.展开更多
The CES 2024(International Consumer Electronics Show)was held this January in Las Vegas,USA.Newegg Commerce,Inc.,a global well-known e-commerce platform for science and technology companies,officially collaborated wit...The CES 2024(International Consumer Electronics Show)was held this January in Las Vegas,USA.Newegg Commerce,Inc.,a global well-known e-commerce platform for science and technology companies,officially collaborated with TikTok to report at the CES 2024 and introduced new representative products from high-quality Chinese tech brands to both on-site visitors and online followers via TikTok’s live streaming service,helping these tech products attract a lot of fans.展开更多
With the deep integration of technologies such as the Internet,big data,artificial intelligence,and 5G into the automotive industry,the relationship between people and vehicles has fundamentally changed,shifting from ...With the deep integration of technologies such as the Internet,big data,artificial intelligence,and 5G into the automotive industry,the relationship between people and vehicles has fundamentally changed,shifting from humans taking the dominant position and the vehicle acting as the supplement to the vehicle being in the dominant position and the human as supplement.Such a change creates a lot of technological innovations and market opportunities,especially in terms of the radical changes brought about by non-traditional auto companies such as Huawei and Xiaomi which have started the new phase of the global auto revolution.展开更多
Over the past decade,China’s refined oil market has experienced considerable growth and fluctuations.Gasoline consumption has generally followed the growth rate of vehicle equipment,with fluctuations influenced by tr...Over the past decade,China’s refined oil market has experienced considerable growth and fluctuations.Gasoline consumption has generally followed the growth rate of vehicle equipment,with fluctuations influenced by travel frequency;aviation fuel consumption has seen stable growth following the end of COVID-19,while diesel consumption has been affected by multiple factors including demand and policy.With the rapid development of new energy vehicles and alternative fuels,the gasoline and diesel market has essentially peaked,yet domestic production of refined oil continues to grow,leading to an increasingly prominent oversupply issue.To achieve the dual carbon goals,the Chinese government has introduced a series of policies that have a profound impact on the refined oil market.Facing resource surplus and market demand changes,the refining industry needs to optimize production capacity structure,and oil products retail companies face transformation pressure.The article aims to provide market analysis and recommendations,serving as a reference for relevant enterprises and policymakers.展开更多
基金supported by the China National Natural Sciences Fund Project(Nos.71874190 and 72403233)Jiangsu Provincial Department of Science and Technology Program(Innovation Support Program Soft Science Research)(No.BR2023016-4)+2 种基金China Postdoctoral Science Foundation(No.2024M753503)Key Projects Funded by Jiangsu Social Science Fund(No.21GLA003)The Ministry of Education of Humanities and Social Science Project.
文摘The optimization of government subsidies to enhance the efficiency of coal companies’green transformation constitutes a critical component in the pursuit of global sustainability.We investigate the influence mechanism of government subsidies on the green transformation using data from the listed coal companies in China from 2007 to 2022.According to our findings and hypothesis testing,previous government subsidies did not have a significant direct impact on coal companies’green transformation.Nevertheless,government subsidies can help coal companies transition to greener practices by promoting innovative green initiatives.Furthermore,we confirmed an indirect route:that government subsidies enable the adoption of low-carbon initiatives,which in turn could facilitate the transition of coal companies towards green practices.In addition,we discovered that the coal company’s digitization will improve this indirect route.Thus,we propose increasing the effectiveness of government subsidies in facilitating coal companies’transition to green practices by focusing on technological advancements and enhancing company digitalization.
文摘Imagery analysis is a commonly used analytical method in literary analysis.In Angela Carter’s work,the image of wolves is particularly prominent.Her“Werewolf Tetralogy”rewrites traditional culture and subverts traditional consciousness,and is the research object of many scholars.Starting from the analysis of the wolf image in The Company of Wolves,this paper uses Deleuze’s Becoming-Animal Theory to explore the construction of harmony between nature,humans and gender relations in The Company of Wolves.
文摘A well-managed company is a company that maximizes the value of its company,which is aimed at achieving maximum profits for shareholders.This research aims to determine and analyze the influence of company size,profitability,and financial leverage on the value of companies listed on the South Korean Stock Exchange KOSPI 2018-2022.The population consists of 8 South Korean K-Pop entertainment companies registered on KOSPI 2018-2022.The sampling technique used was purposive sampling with a total sample of 8 companies and a 5-year observation period.So that 40 data were processed.The analysis technique is multiple linear regression.The results obtained show that partially company size has no significant effect on company value,profitability has a significant positive effect on company value,and financial leverage has a significant negative effect on company value.Meanwhile,simultaneously company size,profitability,and financial leverage influence company value.
文摘This article takes water enterprises as the research object,exploring the organic combination of comprehensive budget management under the trend of digitalization and digital technology in the new era,as well as the process of management system reform.Introduce the current status of its budget management work,comprehensively analyze the architecture and operation mode of the current comprehensive budget management system of water enterprises,and evaluate and analyze the overall situation and shortcomings of its budget management system based on financial data such as budget formulation and execution.From the perspective of digital restructuring and upgrading of comprehensive budget management work,corresponding countermeasures are proposed to make up for the shortcomings and suggestions for the future development of the enterprise’s comprehensive budget.
文摘Objective To analyze the improvement of the incentive mechanism of sales personnel in pharmaceutical company A,and to promote the smooth operation and further development of the company in a long term.Methods Compensation incentive,performance appraisal,welfare benefit,training incentive,promotion motivation and enterprise cultural inspiration were explored through questionnaires,telephone interviews and in-person interviews.Results and Conclusion This company’s incentive mechanism has problems in two aspects:Material incentives and spiritual incentives.As to the company’s characteristics and strategic development,the optimization countermeasures of incentive mechanism are proposed from the following three aspects:constructing a reasonable incentive system,establishing an efficient spiritual incentive mechanism,and implementing the dynamic incentive and differentiated incentive simultaneously.
文摘This article aims to provide a literature review on the impact of equity pledges on corporate value,and to explore in depth the application of equity pledges as a financial tool in corporate governance and capital operation,as well as its multidimensional impact on corporate value.By reviewing and analyzing relevant literature both domestically and internationally,this article first defines the basic concept of equity pledges and then elaborates on the impact mechanism of equity pledges on company value from both positive and negative perspectives.In terms of positive impact,this article explores how equity pledges can promote corporate financing,optimize capital structure,and enhance the control of major shareholders over the company.In terms of negative impacts,the possible control risk,market risk,and potential damage to the interests of small and medium-sized shareholders brought about by equity pledges were analyzed.Furthermore,this article also discusses the differences in the impact of equity pledges on company value in different scenarios and proposes corresponding policy recommendations and research prospects.
基金supported in part by National Institutes of Health grants,R01AR068279(NIAMS),STTR R42EY031196(NEI),and STTR 1R41AG057242(NIA)(to HD).
文摘Neurological disorders and injuries lead to the impairment or depletion of neurons in terms of quantity,structure,or function,resulting in the loss of cognitive,emotional,and physical abilities in human beings.This,in turn,accompanies the shortfall of valuable human resources and economic potential,causing a detriment to society.Addressing these challenges,therefore,becomes imperative not only from a humanitarian perspective but also as a means of preserving human capital and bolstering economic prosperity.
文摘The Global Digital Economy Conference 2024(hereinafter referred to as the GDEC)was recently held at the China National Convention Center in Beijing.Under the theme of“Embarking on a New Era of Digital Intelligence,Sharing a New Future of Digital Economy”,exhibitors staged a digital intelligence competition.The White Paper on the Global Digital Economy which was released during the GDEC shows that as of 2024,there are 1,328 global artificial intelligence models,with China accounting for 36%of these.As of the first quarter of 2024,there are nearly 30,000 global AI companies,with China accounting for 15 percent of the total.
文摘In spite of the slowdown in world economic growth and the escalation of geopolitical tensions,the numerous multinational companies still cast votes of confidence in the Chinese market with their practical actions.In particular,Zhejiang Province displayed its magnetic attraction for high-quality foreign investment.Data shows that in 2023,the province’s actual use of FDI(foreign direct investment)came at USD 20.2 billion(exceeding USD 20.0 billion for the first time ever),ranked the 4th nationwide.The total FDI saw an increase of 4.8%year on year,and FDI used in the manufacturing sector rose by 85.8%,whose percentage in the total reached a record high.
文摘With one month until November 11,all major e-commerce platforms have started their preparations for this great event.The"Double 11"shopping festival was first initiated by Alibaba in 2009and is the world's largest online sales gala.This shopping festival is thus named due to the date of November11 and has extended from the original24 hours to several weeks in recent years.The pre-sales stage start from late October.Some new e-commerce companies like TikTok and Pinduoduo have also been involved in the event.
文摘On April 3,a group of 32 delegates from Global Value Chain Workshop of Developing Countries visited China-Africa Business Council and held discussions with member companies.The workshop is organised by the Academy for International Business Officials,Ministry of Commerce,and its participants come from 10 countries in Asia and Africa,including Ethiopia,Nigeria,Sierra Leone,Cambodia,and Sri Lanka.The event aims at strengthening the participation and competitiveness of developing countries in global value chain as well as deepening and promoting international cooperation through field visits and dialogues.
文摘The statistics of the China matural gas industry prosperity index showed that the China natural gas industry prosperity index was 302.84 in the 1st quarter of 2024,up 3.6%from the 4th quarter of 2023,a stably prosperous state in the short term and a very prosperous state in the medium to long term;the prosperity index of natural gas production companies was 428.78 in the 1st quarter of 2024.
文摘The benchmark of Xinjiang's computing power is determined by Karamay,known as an"oil city."With an impressive annual crude oil output exceeding 16 million tons,Karamay is now exploiting computing power,the"new black gold"of the artificial intelligence (AI) era.Since the Karamay Cloud Computing Industrial Park officially opened in 2013,it has attracted more than 150 companies including three that are publicly listed on the New Third Board.
基金Youth Fund Project for Humanities and Social Sciences Research of the Ministry of Education,"Research on Designing Incentive Mechanisms and Policies for Large-Scale and Environmentally Friendly Offshore Oil and Gas Exploitation"(Project Number:19YJCZH106).
文摘The oceans'vast expanse has given rise to copious oil and gas resources,with recent years witnessing a steady unlocking of offshore oil and gas potential,positioning them as a key successor in global energy reserves.Currently,offshore oil and gas extraction constitutes nearly a third of the world's oil and gas output.This segment has evolved into a mutually beneficial ecosystem where operators and service providers collaborate closely around exploration and development activities.Investment in offshore oil and gas typically follows a dual "one-third’"pattern,reflecting high upfront costs but promising returns.It also underscores the stark variations in project viability and regional economic efficiency,with monopolistic traits seen at both national and corporate levels.Collaboration has emerged as a key tactic for resource-rich countries and oil companies to advance their offshore ventures.Given the distinct nature of offshore oil and gas development,Chinese oil companies are advised to seize opportunities in marine exploration,emphasize the coordination and planning abilities of the global supply chain,focus on the reserves of offshore oil and gas development technologies,as well as the capabilities of commercial talents and other forms of support,courageously pursue significant offshore assets,and effectively utilize global technology,equipment,and expertise,and rapidly build a competitive edge in offshore oil and gas projects.
基金China State Railway Group Co.,Ltd.has supported this work as a critical project(Grant No.:N2022Z020).
文摘Purpose-Following the regional restructuring,the number of joint-venture railway companies in which the Group participates has significantly increased.This paper aims to explore the challenges faced by China Railway Group in managing participation in joint-venture railway companies.The study seeks to propose specific approaches to ensure the effective management of these companies,thereby maximizing the benefits of the regional restructuring and supporting the development of a strong transportation country and a modern infrastructure system.Design/methodology/approach-Based on the change in the shareholding relationship between China Railway Group and the joint-venture railway companies,and considering the current situation of the regional restructuring of these companies,as well as the insights from existing literature and typical case studies,this paper proposes some specific paths for effective management of joint-stock railway companies which China Railway Group participated in.Findings-The problems in participation management are the unclear dual leadership role of the party committee,the lack of discourse power,the lack of synergy between shareholders,the increasing risk of sustainable operation of the loss-making companies and the role of dispatched personnel is not fully played.Based on the theories,combined with the existing research and practical cases,the paper proposed specific approaches,such as perfecting top-level system design,maintaining the discourse power,carrying out differentiated management,arranging personnel rationally,arranging shareholders synergy,and innovating methods to provide references for China Railway Group’s subsequent management of joint venture railway companies.Originality/value-This paper contributes to the existing literature by providing a comprehensive analysis of the challenges faced by China Railway Group in managing participation in joint-venture railway companies following the regional restructuring.The study offers novel insights and practical recommendations for addressing these challenges.The findings can serve as valuable references for China Railway Group’s subsequent management of joint-venture railway companies which participated in,as well as for other stateowned enterprises facing similar challenges in managing their joint ventures.
文摘On April 14,a flight from China landed at ingsford Smith Airport in Sydney,marking the beginning of the journey for Chinese companies entering the Australian and New Zealand markets.The"Thousands of Entrepreneur Delegations Going Overseas"activity is an important measure taken by China Council for the Promotion of International Trade(CCPIT) to help companies develop in foreign markets and promote practical cooperation between Chinese and foreign businesses.Since the beginning of the year.
文摘China Oil&Gas,Journal No.:ISSN 1006-2696,CN 11-3543/TE.English journal administrated by the China National Petroleum Corporation and sponsored by the Petroleum Industry Press Co.,Ltd.This Journal strives to present the key tasks,comprehensive strength,business philosophy,technical standards,and developmental achievements of China's petroleum industry in a deep and structured manner.It plays a positive role in enhancing the global brand influence,strengthening overseas image building,and showing the comprehensive strength of China's oil companies.It has developed unique features and strengths in aspects such as column setup,report content,printing quality,and binding design.This Journal is the only comprehensive English foreign publicity journal for China's petroleum industry and is currently issued bimonthly.
文摘The CES 2024(International Consumer Electronics Show)was held this January in Las Vegas,USA.Newegg Commerce,Inc.,a global well-known e-commerce platform for science and technology companies,officially collaborated with TikTok to report at the CES 2024 and introduced new representative products from high-quality Chinese tech brands to both on-site visitors and online followers via TikTok’s live streaming service,helping these tech products attract a lot of fans.
文摘With the deep integration of technologies such as the Internet,big data,artificial intelligence,and 5G into the automotive industry,the relationship between people and vehicles has fundamentally changed,shifting from humans taking the dominant position and the vehicle acting as the supplement to the vehicle being in the dominant position and the human as supplement.Such a change creates a lot of technological innovations and market opportunities,especially in terms of the radical changes brought about by non-traditional auto companies such as Huawei and Xiaomi which have started the new phase of the global auto revolution.
文摘Over the past decade,China’s refined oil market has experienced considerable growth and fluctuations.Gasoline consumption has generally followed the growth rate of vehicle equipment,with fluctuations influenced by travel frequency;aviation fuel consumption has seen stable growth following the end of COVID-19,while diesel consumption has been affected by multiple factors including demand and policy.With the rapid development of new energy vehicles and alternative fuels,the gasoline and diesel market has essentially peaked,yet domestic production of refined oil continues to grow,leading to an increasingly prominent oversupply issue.To achieve the dual carbon goals,the Chinese government has introduced a series of policies that have a profound impact on the refined oil market.Facing resource surplus and market demand changes,the refining industry needs to optimize production capacity structure,and oil products retail companies face transformation pressure.The article aims to provide market analysis and recommendations,serving as a reference for relevant enterprises and policymakers.