In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as ne...In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as new energy,new materials,new generation of information technology occupy an important market share in China and even the world.However,there are still a number of problems in the process of development,and the policy support has a greater impact.In this paper,the development status of strategic emerging industries in Anhui Province was discussed firstly,and then the challenges and problems of the development was discussed.Finally,some science and technology promotion policies of strategic emerging industries in Anhui Province were proposed.展开更多
This paper explores the incentives of investment in renewable energy of two utility firms who compete or cooperate under either a cap-and-trade grandfathering mechanism(GM)or benchmarking mechanism(BM).We find that ut...This paper explores the incentives of investment in renewable energy of two utility firms who compete or cooperate under either a cap-and-trade grandfathering mechanism(GM)or benchmarking mechanism(BM).We find that utility firms will invest in renewable energy more under BM than under GM,in both competitive and cooperative markets,and they will invest more in a competitive market than in a cooperative market,under either GM or BM.Furthermore,utility firms will produce more electricity and generate more total carbon emissions under BM than under GM.The profits of two firms,however,are higher in cooperative market than in competitive market.The government will benefit from implementing a BM to encourage utility firms to invest in renewable energy in a competing market.展开更多
The frequency of Russian media usage has been declining since 2018, but television is still the most popularmedium in Russia. The rise of digital radio and television represents a mixed picture, in part because of pol...The frequency of Russian media usage has been declining since 2018, but television is still the most popularmedium in Russia. The rise of digital radio and television represents a mixed picture, in part because of politicalpressures, but the digital transition between federal and regional media is not synchronized;on the other hand, theRussian print media market has suffered from poor returns and high costs since 2012. Insufficient facilities withpoor quality and lack of advertisement revenues have made it difficult for print media to survive. The governmenthas provided financial subsidies for media, but it will still support economic independence of media. Thegovernment has strictly regulated foreign investments after 2014, which ensure the concentration of mediaownership but reduced the media market’s competitiveness. Now the Russian government is adjusting policies,seeking ways to balance media market competition and retaining political control of media.展开更多
Founded in 1950, the China National Machinery Import & Export Corporation (CMC) is a large national foreign trade enterprise directly under the administration of the Ministry of Foreign Trade and Economic Cooperat...Founded in 1950, the China National Machinery Import & Export Corporation (CMC) is a large national foreign trade enterprise directly under the administration of the Ministry of Foreign Trade and Economic Cooperation, specializing in the import and export of electromechanical products. It is one of our country’s first and largest foreign trade corporations. Since its founding 45 years ago, the corporation has been consistently endeavoring to develop and expand foreign trade in electromechanical products, and展开更多
As revealed by some competition of commodities supplied foreign experts, the financial leverage has an impact on the market by different listed companies, and low financial leverage implies a competitive edge but high...As revealed by some competition of commodities supplied foreign experts, the financial leverage has an impact on the market by different listed companies, and low financial leverage implies a competitive edge but high financial leverage is liable to fail in business operation. Viewing from such an angle, the low financial leverage is in fact a conservative financial behavior, which means a reasonable selection. Generally, Chinese listed companies prefer financing from offering equity shares, which is regarded as a reasonable selection weighing both gains and risks. However, based on an analysis of the pressure of market competition to the listed companies of various industries and how they select their own fit/ancial leverage, it is found that there is an extremely unmatched phenomenon in China's capital market, i.e., the keener the commodity market competition is, the higher the financial leverage of listed companies will be. Therefore, the over-financing from offering equity shares is coexisting with under-financing from offering equity shares in China's capital market at present, and both lead listed companies to low efficiency.展开更多
This article is based on growth, financial multidimensional perspective of redundancy and product market competition, focus on growth as a key variable, to explore the growth of financial redundancy and product market...This article is based on growth, financial multidimensional perspective of redundancy and product market competition, focus on growth as a key variable, to explore the growth of financial redundancy and product market competition. The data of 326 real estate companies were selected for empirical analysis. The research finds that the financial redundancy promotes competition in the product market, and the relationship between the growth of the enterprise growth and the competition between the financial redundancy and the competition of the product market.展开更多
Architecture plays an important role in basic industry of China national economy, and architecture market is one of the biggest markets in China. Architecture enterprise competition is very intense now, the market eco...Architecture plays an important role in basic industry of China national economy, and architecture market is one of the biggest markets in China. Architecture enterprise competition is very intense now, the market economy theory is applied to analyze Chinese architecture market in this article, and the inevitability and main characteristics of enterprise competition is described. This article indicates that architecture enterprise should face the problem rightly and reasoningly. As the market is filled with the threat of failure, at the same time, it is also filled with successful opportunity. To survive and develop in the market, enterprise should adapt to the market environment continuously and participate the market competition actively.展开更多
Since opening to the outside world and introducing the strategy of economic, trade and market connection between China and the world, the Chinese market has drawn closer to and merged with the international market.For...Since opening to the outside world and introducing the strategy of economic, trade and market connection between China and the world, the Chinese market has drawn closer to and merged with the international market.Foreign enterprises and commodities have entered the Chinesc market on a large scale; Chinese enterprises have also implemented the development展开更多
With China’s entry into WTO, China’s small and medium-sized enterprises are facing unprecedented opportunities and challenges. The integration of the world economy has brought opportunities for the internationalizat...With China’s entry into WTO, China’s small and medium-sized enterprises are facing unprecedented opportunities and challenges. The integration of the world economy has brought opportunities for the internationalization and industrialization of small and medium-sized enterprises. However, due to the lack of systematic marketing strategies, the development of small and medium-sized enterprises is beset with difficulties. From the perspective of marketing strategy, this paper analyzes the marketing strategy problems faced by small and medium-sized enterprises. From four aspects: marketing concept, marketing team, marketing strategy and marketing model 4P, this paper puts forward some countermeasures and suggestions for improving the marketing benefits of small and medium-sized enterprises.展开更多
ACCORDING to an Economic Information Daily report on January 11, notable progress has been made in this classification process, which will be made public in the near future. A corresponding assessment scheme has also ...ACCORDING to an Economic Information Daily report on January 11, notable progress has been made in this classification process, which will be made public in the near future. A corresponding assessment scheme has also been formulated, Consequently, mixed ownership reform based on SOE classification will be accelerated.展开更多
The issue of agricultural insurance subsidy is discussed in this paper aiming to make it provided more rationally and sci- entifically. It is started with the connection between agricultural insurance and financial su...The issue of agricultural insurance subsidy is discussed in this paper aiming to make it provided more rationally and sci- entifically. It is started with the connection between agricultural insurance and financial subsidy. It is really necessary and crucial to implement the financial insurance due to the bad operational performance, especially in the developing countries. But the sub- sidy should be provided more rationally because financial subsidy has lots of negative effects. A model in competitive insurance markets developed by Ahsan et al (1982) and a farmers' decision model are developed to solve the optimal subsidized rate. Finally, the equation is got to calculate it. But a quantitative subsidized rate is not made here because the calculation should be under some restricted conditions, which are always absent in the devel- oping countries. So the government should provide some subsidy for the ex ante research and preparation to get the scientific prob- ability and premium rate.展开更多
After joining in WTO,Chinese enterprises face more intense competitive environments. The problems, such as many foreign capital enterprises swarming into China, increasing market competitive ability, keeping on nation...After joining in WTO,Chinese enterprises face more intense competitive environments. The problems, such as many foreign capital enterprises swarming into China, increasing market competitive ability, keeping on national and international market, have become more serious to enterprise’s decision maker. At the same time, the information technology is developing quickly, then business process re engineering will become valid path for enterprise increasing market competitive ability. As a case study, this paper applies Business Process Re engineering(BPR) approach to analyze a Chinese company.展开更多
This study examines the association between corporate governance mechanisms (i.e., internal corporate governance, ownership structure, and external corporate govemance) and stock investment risk (i.e., idiosyncrati...This study examines the association between corporate governance mechanisms (i.e., internal corporate governance, ownership structure, and external corporate govemance) and stock investment risk (i.e., idiosyncratic risk, systematic risk, and total risk of non-financial listed firms in Thailand in 2007). The multiple regression analysis is employed to test the hypotheses, and the results suggest that firms with higher market power have lower systematic risk. It implies that firms with higher market power can reduce the unavoidable risk when compared with firms that have lower market power. Firms with more media coverage will have higher systematic risk, which indicates that firms which publish more news will have higher unavoidable risk. This research may be the first to provide the evidence of the association between corporate govemance mechanisms and stock investment risk. Interestingly still, this study has utilized the data of Thailand, which is an emerging market economy with a capital market structure different from those of the developed market economies, and the results of this study are anticipated to be applicable to other similar studies in other emerging market economies.展开更多
Small and medium enterprises(SMEs)play an important role in the world economy.Modern trends in the development of small and medium enterprises imply a constant increase in their role in the total income of an economy....Small and medium enterprises(SMEs)play an important role in the world economy.Modern trends in the development of small and medium enterprises imply a constant increase in their role in the total income of an economy.For such an approach,it is important to achieve quality organizational and managerial concepts of planning strategy development.In many countries,small businesses dominate in the production of a number of smaller products,higher consumption,and high quality of these products.The concept of a small economy consists of a group of companies that stand out in terms of their characteristics in relation to large companies.In relation to large companies as business systems,SMEs differ based on the concept of their own organization’s business,the volume of business,and the availability of resources.Research data show that the main obstacle to efficient continuous business of SMEs in the world is the procurement and maintenance of business resources.Ensuring continuity in production is often a problem of lack of resources,which primarily characterizes them in relation to large companies.Small business and entrepreneurship are the main backbone of today’s economic development,viewed globally.The purpose of the development of small and medium enterprises in the world is to enable the development of a successful and flexible entrepreneurial climate as an important organizational determinant,which is a prerequisite for progress in the modern world economy.The feature of SME development is the innovation of employees that needs to be constantly developed.In that way,conditions are provided for technological development,formation of flexible organizations,and new employment.In practice,small and medium enterprises are the engine of economic development.It is a sector that promotes private property and entrepreneurial skills.According to experts on economic issues,SMEs are today and in the future,not only in Serbia,the Region,but also in the world,a synonym for the private sector-for entrepreneurship.Comparative analysis shows the advantage of SMEs,especially in flexible business,where they can quickly adapt to change and can fully meet market demands.展开更多
As the environment of market competition is rapidly changing, the model of competition also changes consistently. This paper focuses on the changing process of global competition model based on the analysis of product...As the environment of market competition is rapidly changing, the model of competition also changes consistently. This paper focuses on the changing process of global competition model based on the analysis of production model and its tendency of development, especially analyses the positive effect of mass customization. The paper introduces the concept of market turbulence to decide the occasion of transformation to mass customization for industries/enterprises. Several transformation roadmaps to mass customization and competitive models and strategies are established.展开更多
This paper examines the issue of market access for development in the context of Africa during the age of globalization. The opportunity offered by China--the huge emerging market for Africa's exports goes in the way...This paper examines the issue of market access for development in the context of Africa during the age of globalization. The opportunity offered by China--the huge emerging market for Africa's exports goes in the way of openness source of economic success.展开更多
Urban competitiveness has been the hot topic for researches and studies over years. The aim of this paper is to elaborate urban competitiveness. First, definition of competitiveness is discussed in detail and then the...Urban competitiveness has been the hot topic for researches and studies over years. The aim of this paper is to elaborate urban competitiveness. First, definition of competitiveness is discussed in detail and then the differences of competitiveness of nations and enterprises are presented. In Section 2, urban competitiveness is defined. Since the assessment of urban competitiveness is the focus of many studies, Section 3 elaborates four models or frameworks for assessing urbancompetitiveness. Last, but by no means the least, Chengdu has been discussed as a case on how to improve urban competitiveness. Three suggestions are put forward, which are clustering strategy, more efficient governance and urban marketing campaigns respectively.展开更多
基金Supported by the Key Research Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2022(2022AH052680)Major Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2024(2024AH040304)Key Research Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2021(SK2021A0876).
文摘In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as new energy,new materials,new generation of information technology occupy an important market share in China and even the world.However,there are still a number of problems in the process of development,and the policy support has a greater impact.In this paper,the development status of strategic emerging industries in Anhui Province was discussed firstly,and then the challenges and problems of the development was discussed.Finally,some science and technology promotion policies of strategic emerging industries in Anhui Province were proposed.
基金support from the National Natural Science Foundation of China(Grant No.71531003)Philosophy and Social Science Research Fund of Chengdu University of Technology(YJ2021-QN005)Center for Trans-Himalaya Studies(KX2022B01)。
文摘This paper explores the incentives of investment in renewable energy of two utility firms who compete or cooperate under either a cap-and-trade grandfathering mechanism(GM)or benchmarking mechanism(BM).We find that utility firms will invest in renewable energy more under BM than under GM,in both competitive and cooperative markets,and they will invest more in a competitive market than in a cooperative market,under either GM or BM.Furthermore,utility firms will produce more electricity and generate more total carbon emissions under BM than under GM.The profits of two firms,however,are higher in cooperative market than in competitive market.The government will benefit from implementing a BM to encourage utility firms to invest in renewable energy in a competing market.
文摘The frequency of Russian media usage has been declining since 2018, but television is still the most popularmedium in Russia. The rise of digital radio and television represents a mixed picture, in part because of politicalpressures, but the digital transition between federal and regional media is not synchronized;on the other hand, theRussian print media market has suffered from poor returns and high costs since 2012. Insufficient facilities withpoor quality and lack of advertisement revenues have made it difficult for print media to survive. The governmenthas provided financial subsidies for media, but it will still support economic independence of media. Thegovernment has strictly regulated foreign investments after 2014, which ensure the concentration of mediaownership but reduced the media market’s competitiveness. Now the Russian government is adjusting policies,seeking ways to balance media market competition and retaining political control of media.
文摘Founded in 1950, the China National Machinery Import & Export Corporation (CMC) is a large national foreign trade enterprise directly under the administration of the Ministry of Foreign Trade and Economic Cooperation, specializing in the import and export of electromechanical products. It is one of our country’s first and largest foreign trade corporations. Since its founding 45 years ago, the corporation has been consistently endeavoring to develop and expand foreign trade in electromechanical products, and
文摘As revealed by some competition of commodities supplied foreign experts, the financial leverage has an impact on the market by different listed companies, and low financial leverage implies a competitive edge but high financial leverage is liable to fail in business operation. Viewing from such an angle, the low financial leverage is in fact a conservative financial behavior, which means a reasonable selection. Generally, Chinese listed companies prefer financing from offering equity shares, which is regarded as a reasonable selection weighing both gains and risks. However, based on an analysis of the pressure of market competition to the listed companies of various industries and how they select their own fit/ancial leverage, it is found that there is an extremely unmatched phenomenon in China's capital market, i.e., the keener the commodity market competition is, the higher the financial leverage of listed companies will be. Therefore, the over-financing from offering equity shares is coexisting with under-financing from offering equity shares in China's capital market at present, and both lead listed companies to low efficiency.
文摘This article is based on growth, financial multidimensional perspective of redundancy and product market competition, focus on growth as a key variable, to explore the growth of financial redundancy and product market competition. The data of 326 real estate companies were selected for empirical analysis. The research finds that the financial redundancy promotes competition in the product market, and the relationship between the growth of the enterprise growth and the competition between the financial redundancy and the competition of the product market.
文摘Architecture plays an important role in basic industry of China national economy, and architecture market is one of the biggest markets in China. Architecture enterprise competition is very intense now, the market economy theory is applied to analyze Chinese architecture market in this article, and the inevitability and main characteristics of enterprise competition is described. This article indicates that architecture enterprise should face the problem rightly and reasoningly. As the market is filled with the threat of failure, at the same time, it is also filled with successful opportunity. To survive and develop in the market, enterprise should adapt to the market environment continuously and participate the market competition actively.
文摘Since opening to the outside world and introducing the strategy of economic, trade and market connection between China and the world, the Chinese market has drawn closer to and merged with the international market.Foreign enterprises and commodities have entered the Chinesc market on a large scale; Chinese enterprises have also implemented the development
文摘With China’s entry into WTO, China’s small and medium-sized enterprises are facing unprecedented opportunities and challenges. The integration of the world economy has brought opportunities for the internationalization and industrialization of small and medium-sized enterprises. However, due to the lack of systematic marketing strategies, the development of small and medium-sized enterprises is beset with difficulties. From the perspective of marketing strategy, this paper analyzes the marketing strategy problems faced by small and medium-sized enterprises. From four aspects: marketing concept, marketing team, marketing strategy and marketing model 4P, this paper puts forward some countermeasures and suggestions for improving the marketing benefits of small and medium-sized enterprises.
文摘ACCORDING to an Economic Information Daily report on January 11, notable progress has been made in this classification process, which will be made public in the near future. A corresponding assessment scheme has also been formulated, Consequently, mixed ownership reform based on SOE classification will be accelerated.
文摘The issue of agricultural insurance subsidy is discussed in this paper aiming to make it provided more rationally and sci- entifically. It is started with the connection between agricultural insurance and financial subsidy. It is really necessary and crucial to implement the financial insurance due to the bad operational performance, especially in the developing countries. But the sub- sidy should be provided more rationally because financial subsidy has lots of negative effects. A model in competitive insurance markets developed by Ahsan et al (1982) and a farmers' decision model are developed to solve the optimal subsidized rate. Finally, the equation is got to calculate it. But a quantitative subsidized rate is not made here because the calculation should be under some restricted conditions, which are always absent in the devel- oping countries. So the government should provide some subsidy for the ex ante research and preparation to get the scientific prob- ability and premium rate.
文摘After joining in WTO,Chinese enterprises face more intense competitive environments. The problems, such as many foreign capital enterprises swarming into China, increasing market competitive ability, keeping on national and international market, have become more serious to enterprise’s decision maker. At the same time, the information technology is developing quickly, then business process re engineering will become valid path for enterprise increasing market competitive ability. As a case study, this paper applies Business Process Re engineering(BPR) approach to analyze a Chinese company.
文摘This study examines the association between corporate governance mechanisms (i.e., internal corporate governance, ownership structure, and external corporate govemance) and stock investment risk (i.e., idiosyncratic risk, systematic risk, and total risk of non-financial listed firms in Thailand in 2007). The multiple regression analysis is employed to test the hypotheses, and the results suggest that firms with higher market power have lower systematic risk. It implies that firms with higher market power can reduce the unavoidable risk when compared with firms that have lower market power. Firms with more media coverage will have higher systematic risk, which indicates that firms which publish more news will have higher unavoidable risk. This research may be the first to provide the evidence of the association between corporate govemance mechanisms and stock investment risk. Interestingly still, this study has utilized the data of Thailand, which is an emerging market economy with a capital market structure different from those of the developed market economies, and the results of this study are anticipated to be applicable to other similar studies in other emerging market economies.
文摘Small and medium enterprises(SMEs)play an important role in the world economy.Modern trends in the development of small and medium enterprises imply a constant increase in their role in the total income of an economy.For such an approach,it is important to achieve quality organizational and managerial concepts of planning strategy development.In many countries,small businesses dominate in the production of a number of smaller products,higher consumption,and high quality of these products.The concept of a small economy consists of a group of companies that stand out in terms of their characteristics in relation to large companies.In relation to large companies as business systems,SMEs differ based on the concept of their own organization’s business,the volume of business,and the availability of resources.Research data show that the main obstacle to efficient continuous business of SMEs in the world is the procurement and maintenance of business resources.Ensuring continuity in production is often a problem of lack of resources,which primarily characterizes them in relation to large companies.Small business and entrepreneurship are the main backbone of today’s economic development,viewed globally.The purpose of the development of small and medium enterprises in the world is to enable the development of a successful and flexible entrepreneurial climate as an important organizational determinant,which is a prerequisite for progress in the modern world economy.The feature of SME development is the innovation of employees that needs to be constantly developed.In that way,conditions are provided for technological development,formation of flexible organizations,and new employment.In practice,small and medium enterprises are the engine of economic development.It is a sector that promotes private property and entrepreneurial skills.According to experts on economic issues,SMEs are today and in the future,not only in Serbia,the Region,but also in the world,a synonym for the private sector-for entrepreneurship.Comparative analysis shows the advantage of SMEs,especially in flexible business,where they can quickly adapt to change and can fully meet market demands.
文摘As the environment of market competition is rapidly changing, the model of competition also changes consistently. This paper focuses on the changing process of global competition model based on the analysis of production model and its tendency of development, especially analyses the positive effect of mass customization. The paper introduces the concept of market turbulence to decide the occasion of transformation to mass customization for industries/enterprises. Several transformation roadmaps to mass customization and competitive models and strategies are established.
文摘This paper examines the issue of market access for development in the context of Africa during the age of globalization. The opportunity offered by China--the huge emerging market for Africa's exports goes in the way of openness source of economic success.
文摘Urban competitiveness has been the hot topic for researches and studies over years. The aim of this paper is to elaborate urban competitiveness. First, definition of competitiveness is discussed in detail and then the differences of competitiveness of nations and enterprises are presented. In Section 2, urban competitiveness is defined. Since the assessment of urban competitiveness is the focus of many studies, Section 3 elaborates four models or frameworks for assessing urbancompetitiveness. Last, but by no means the least, Chengdu has been discussed as a case on how to improve urban competitiveness. Three suggestions are put forward, which are clustering strategy, more efficient governance and urban marketing campaigns respectively.