How Chinese Financial Centers Integrate into Global Financial Center Networks:An Empirical Study Based on Overseas Expansion of Chinese Financial Service Firms

The increasing globalization of the Chinese economy has been enabled by both Chinese financial institutions operating globally as well as international firms operating within China. In geographical terms, this has been organized through a number of strategic cities serving as gateways for the exchange of financial functions, products and practices between China and the global economy. Drawing on location data of financial service firms in China listed on stock exchanges in Shenzhen, Shanghai and Hong Kong, this paper shows that Chinese financial firms are expanding globally and how Chinese financial centers are positioned and connected in the urban networks shaped by these financial service firms. It is found that Hong Kong, China, holds strategic positions in the integration of Chinese cities into global financial center networks, and that establishing a foothold in global financial centers such as New York and London has been a priority for Chinese financial institutions. The increasing capital flows directed by Chinese financial institutionssuggests a shifting global financial geography, with numerous Chinese cities playing increasingly important roles within global financial center networks.

Facing Both Challenges and Opportunities:How Can Financial Service Firms Survive Under the Pandemic?SOAR Analysis of Three Leading Firms in the Financial Service Industry

After the breakout of COVID-19,many entity industries have to shut down.The rapid decline of money transaction caused by the shutdown of the entity industries has shocked the financial service industry while the increase in digital transactions also offers them opportunities.Facing both challenges and opportunities,financial services firms should change their target and compensation policy during the pandemic to survive.After analysing three major firms in this industry by using SOAR method,we conclude four keys for financial services firms to survive in COVID-19.

Construction Project Delivery System Selection Framework： Professional Service Firms＇ Perspective

There is a variety of PDSs （project delivery systems） in today＇s construction industry. This leads to confusion when it comes to selecting the most suitable PDS for a specific project. The wrong selection decision might lead eventually to reduced profit margins or perhaps financial losses to PSFs （professional service firms）. This research proposes a conceptual framework that helps PSFs in the selection of one or more suitable PDSs for their construction operations. The framework uses SWOT （strengths, weaknesses, opportunities and threats） analysis as a tool for assessing each PDS considered in this research. The PDSs included in the framework are design-bid-build, design-build, construction management agency, public-private partnerships and integrated project delivery. The main aim of this research framework is to enhance decision-making efficiency in PDS selection for PSF operations.

Shipping Firm to Offer Funeral Service

Japan’s largest shipping company, Nippon Yusen KK, plans to offer a new funeral ash-scattering service in a bid to (释义见19页文) capitalize on demand fuelled by the high ccst of cemeteries in Japan, a financial daily said Sunday. 日本最大的海运公司Nippon Yusen KK打算提供新的骨灰海葬服务,以求赢利。日本的公墓的价格居高不下,刺激了骨灰海葬的需求。一份金融日报星期日称。