Effects of Slow-release Nitrogen on Dry Matter Accumulation,Translocation and Yield of Summer Maize

[Objectives]This study was conducted to investigate the effects of slow-release nitrogen fertilizer on dry matter accumulation and translocation of summer maize.[Methods]With Zhoudan 9 as the test variety,six different treatment were set up:blank control(CK1),slow-release urea 75 kg/hm^(2)(C1),slow-release urea 150 kg/hm^(2)(C2),slow-release urea 225 kg/hm^(2)(C3),slow-release urea 300 kg/hm^(2)(C4)and ordinary urea 300 kg/hm^(2)(CK2),to study the change law of dry matter accumulation and translocation in summer maize.[Results]Treatment slow-release urea 225 kg/hm^(2)(C4)showed summer maize yield,dry matter translocation between organs,grain contribution rate and proportion of grain dry matter in the full ripe stage higher than other treatments.Considering the weight loss and cost factors,slow-release urea 225 kg/hm^(2)(C3)could be recommended as the fertilizing amount for summer maize.[Conclusions]This study provides theoretical reference for rational selection of fertilizers for reducing fertilizer application and increasing fertilizer efficiency,and for production of summer maize in Shajiang black soil region.

Impact of carbon disclosure on debt financing costs

Creditors,such as banks,often use disclosed environmental information to assess a company’s environmental risk and ensure the safety of debt funds.Consequently,carbon disclosures have become an important consideration for creditors when making investments.This study explores the relationship between carbon disclosure and debt financing costs using data on listed companies from 2008 to 2019.The results show that carbon disclosure can reduce the debt financing costs of enterprises,and that this influence is more significant for private companies than for state-owned enterprises.Instrumental variables and Propensity Score Matching(PSM)were used to evaluate the robustness of negative relationships.Furthermore,carbon disclosure has a more significant impact on debt costs with less environmental supervision pressure,weak residents’environmental awareness,and weak product market competition.These findings provide guidance for companies’carbon information disclosure and support the establishment of official carbon disclosure standards.

Effects of Slow-release Nitrogen Fertilizer on Yield and Nitrogen Accumulation of Summer Maize in Shajiang Black Soil Area

[Objectives] This study was conducted to verify the field application effect of slow-release nitrogen fertilizer on summer maize in Shajiang black soil area by simultaneous sowing and fertilization, and explore the application scope and nitrogen metabolism mechanism, so as to lay a foundation for fertilizer reduction and efficiency improvement. [Methods] With maize variety Beiqing 340 and sulfur-coated urea as experimental materials, five nitrogen application levels were set, namely, control (C0), slow-release nitrogen 70 kg/hm^(2) (C70), slow-release nitrogen 140 kg/hm^(2) (C140), slow-release nitrogen 210 kg/hm^(2) (C210) and slow-release nitrogen 280 kg/hm^(2) (C280). The phosphorus and potassium fertilizers were all in accordance with the unified standard. [Results] With the application rate of slow-release nitrogen increasing, the nitrogen accumulation in organs increased first and then decreased after tasseling stage of maize. In order to reduce the fertilizing amount and increase efficiency, 210 kg/hm^(2) of slow-release nitrogen fertilizer was the best fertilizing amount for summer maize in Shajiang black soil area. [Conclusions] This study provides reference for fertilizer reduction, efficiency improvement and sustainable development of summer maize in Shajiang black soil area.

State-Owned Capital Participation in Private Enterprises:A Perspective of Debt Financing

This study takes debt financing as the entry point and explores the impact of state-owned capital participation in private enterprises from the perspectives of“unarticulated rules”and“articulated rules”.The study finds that state-owned capital participation significantly reduces the debt financing costs of private enterprises and expands the scale of their debt financing.This conclusion remains valid after a series of endogeneity and robustness tests.Further analysis of the mechanism reveals that state-owned capital participation improves the debt financing of private enterprises through multiple channels:Enhancing their social reputation,mitigating the“statistical bias”they face,optimizing their information quality,and reducing the“shareholder-creditor”agency problems.This paper conceptualizes these benefits as the“complementary advantages of heterogeneous shareholders”.This not only constructs a theoretical framework for“reverse mixed-ownership reform”but also better narrates the Chinese story of“mixed-ownership reform”by adopting a more universally applicable theory of equity structure.Additionally,the paper supplements existing research on the macro-and meso-level relationship between the government and the market by exploring the government’s positive role at the micro-level.

Financing the Future

Two major finance forums in Beijing provide directions for developing sustainable climate funding.WHEN Mark Carney was the governor of the Bank of England,he found that the number of extreme weather events had tripled and the cost of these disasters increased fivefold in the past 25 years.The financial sector must do something to make a change,he thought.

The Impact of Internet Finance and Diversified Financing Models on the Development of the Sports Industry

With the growth of the sports industry,the demand for financing has been increasing,while traditional financing channels are facing limitations.The emergence of Internet finance has provided new opportunities for the sports sector.This paper focuses on the diversified financing pathways for the sports industry,supported by internet finance,exploring its impact through theoretical analysis,constructing a regression model for empirical research,and conducting case analysis.The study finds that the development scale of Internet finance and the crowdfunding financing model significantly influence the income of the sports industry.Accordingly,the paper offers relevant policy and application suggestions,aiming to provide a reference for optimizing financing within the sports industry through Internet finance.

Research on the Coordinated Development of Inclusive Finance and Financing for Small and Medium-sized Enterprises

As an important force in promoting economic and social development,small and medium-sized enterprises play a crucial role in enhancing China’s economic strength,creating employment opportunities,and promoting industrial structural transformation.However,due to their inherent weaknesses,small and medium-sized enterprises often face difficulties in financing within the traditional financial service system.This makes it difficult for small and medium-sized enterprises to inject vitality into the development of the market economy by expanding their financing scale.Since 2013,China has vigorously developed inclusive finance and extended the services of traditional financial institutions to small and medium-sized enterprises,providing policy guidance,resource support,and technical support to alleviate the financing difficulties of small and medium-sized enterprises.Based on this,this article focuses on the current financing problems faced by small and medium-sized enterprises and specifically elaborates on how to lower the financing threshold for small and medium-sized enterprises and broaden their financing channels through inclusive finance,in order to promote the development of inclusive finance and a virtuous cycle of financing for small and medium-sized enterprises.

Effects of Slow-release Fertilizer and Balanced Fertilization on Nitrogen, Phosphorus and Potassium Uptake in Peppers

Field plot experiment was conducted to study the effects of two slow-re- lease fertilizers and balanced fertilization on dry matter accumulation, yield, fertilizer use efficiency, nitrogen, phosphorus and potassium uptake of peppers at Jiangna Town, Yanshan County, Yunnan Province in 2011. The results showed that the dry matter accumulation in dried pepper plant, pepper yield, nitrogen, phosphorus, potassium uptake in peppers were significantly increased in all the fertilizer treat- ments, compared with those in control （no fertilizer）. Compared with conventional fertilization, balanced fertilization, slow-release compound fertilizer and slow-release urea fertilizer significantly increased dried pepper economic output by 20.94%, 17.5% and 14.54%, nitrogen uptake in dried peppers by 21.53%,18.46% and 13.19%, phosphorus uptake in dried peppers by 14.08%, 15.76% and 10.44%, potassium uptake in dried peppers by 22.66%, 15.73% and 16.28%; they also in- creased nitrogen and potassium use efficiency, but reduced potassium use efficiency due to the increased potassium addition. In treatments with balanced fertilization, slow-release compound fertilizer and slow-release urea fertilizer, the nitrogen utiliza- tion was 5.84%, 7.14% and 8.33% higher and the phosphorus utilization was 3.32%, 3.27% and 2.47% higher than those in treatment with conventional fertiliza- tion. In addition, the nitrogen application could be reduced by 20%-50% by bal- anced fertilization and the two slow-release fertilizers, thereby reducing environmen- tal pollution. Slow-release fertilizers could also reduce the frequency of fertilization and labor costs.

Effects of Soil Nitrate Nitrogen Residues and Leaching for Different Kinds of Slow-release Nitrogen Fertilizers in Tall-fescue Soil

ObjectiveThe aim was to explore the movement of nitrate nitrogen in tall-fescue soils by different kinds of slow release nitrogen fertilizers. MethodBased on infiltration-tanks and test plots, a new and environment friendly fertilizer was explored. ResultThe results show that compared with urea treatment, slow-release nitrogen fertilizer treatments could reduce nitrate nitrogen content and leaching amount in soils. Compared with PCU30 and IU treatments, the PCU60 treatment became more efficient in reducing nitrate content and leaching amount in 0-90 cm soil layer. ConclusionIn summary, slow-release nitrogen fertilizer, which can reduce soil nitrate content and leaching losses, is a kind of novel fertilizer with high environmental benefit and promising application.

Preliminary Report on Application Effects of Slow-release Formula Fertilizer in Tea Plants

In order to accelerate the construction of green production mode for tea in Hubei Province, improve the yield of tea and use efficiency of fertilizers, and improve the quality of tea, application effects of special slow-release formula fertilizer in tea plants were investigated in Wuhan. The results showed that compared with conventional fertilization, application of tea plant-specific slow-release formula fertilizer improved the yield of tea by more than 30%. The amino acid content in tea was increased by 21.05% and 30.82%, respectively, and the income was increased 27 696 （33.88%） and 27 624 （33.79%） yuan/hm2, respectively.

DEBT MATURITY STRUCTURE IN PROJECT FINANCING

Based on the concept of debt duration,this paper proposes the elasticity of cash flow.Then,the debt maturity structure in project financing is discussed.The results show that in the project financing structure,the debt maturity structure is closely related with debt capacity.Higher debt ratio requires short term debt,and vise versa.

The Thinking of Financing under Dual Economies Character In Medium & Small Enterprises

In China,the dual economies show prominence in financial field.It leads to the serious dual credit ration and becomes one of the main cause which makes financing in medium & small sized enterprises becomes harder and harder.On basis of this situation,we theoretically pose that we can alleviate the difficulty through the dual cooperation of financial control and the deepening of finance.

Analysis of the Characteristics of Project Financing

Project financing is independent on the sponsors credit or tangible assets, but in the project's expected reliable, stable cash flow and future earnings as the fund source, and mainly to the project entity assets as a debt security financing. It will be of great theoretical and practical significance by conducting a detailed research on related concept and characteristics.

Comparison of Nutrient Release Characteristics from Coated Controlled/Slow-release Fertilizers

[Objective] The study aimed at comparing the characteristics of nutrient release from coated controlled/slow-release fertilizers,so as to provide theoretical reference for improving the farming practice and fertilizer application,reducing pollution in Baiyangdian Lake and the surrounding area.[Method] Soil column leaching method was used to study NH4-N and NO3-N leaching characteristics from five kinds of nitrogen fertilizers including three coated controlled/slow-release fertilizers.[Result] Resin and sulfur coated controlled/slow-release urea decreased NH4-N concentration obviously,controlled NO3-N release in early term of experiment,while increased the content of NH4-N ＋ NO3-N in middle-late periods.Compared with that of common urea,the NH4-N of resin and sulfur coated controlled/slow-release urea decreased by 98.5%,98.7% in early period,96.5%,97.4% in middle period,and 59.1%,81.75% in last period.[Conclusion] Resin and sulfur coated controlled/slow-release urea significantly reduced the NH4-N concentration,effectively controlled the NO3-N release in early stage and increased the supply of NO3-N in last period.

Financing Sustainable Agriculture Under Climate Change

Agriculture is facing great challenge in meeting global food security and is expected to face even greater challenge under climate change. The overall goal of this paper is to examine how finance can be used to achieve the joint objectives of development, mitigation of and adaptation to climate change in agriculture in developing world based on literature review. The results show that agriculture is much under invested and foreign aid also has not increased appropriately to assist developing countries to maintain sustainable agriculture under climate change. There are a wide range of areas in mitigation of and adaptation to climate change that need substantial investment. Major areas and successful cases mitigation of and adaptation to climate change in agriculture that have worked in developing countries are examined. A list of areas that have worked, could work and be scaled up or transferred is identified and discussed. This study concludes that mainstreaming agricultural mitigation and adaptation into agricultural development programs, enhancing local capacity, and considering different stakeholders＇ needs are major experiences for successfully financing sustainable agriculture under climate change.

Financing strategies for coal-electricity supply chain under yield uncertainty

The financing strategies for a coal-electricity supply chain in which the coal company has capital constraint and faces yield uncertainty were studied. We propose an advance payment mechanism: in the coal company's initial production period, the electricity company provides advance payment to the coal company, and the coal company pays interest to the electricity company as the risk compensation. The optimal operation strategies for the coal company and the electricity company under the advance payment mechanism are derived and compared with those under the bank loan financing case. We find that,the expected profit functions of the coal company and the electricity company under the advance payment mechanism are the same with those under the case that the coal company has enough capital;under the advance payment mechanism, the profits of the coal company and the electricity company are higher than those under the bank financing case. We also discuss the compensation interest rate of the advance payment and the ordering and production quantities under the advance payment mechanism.

Financing Problems in China's Rural Areas

Solving the financing problem in rural areas and improving the level of economic development in rural areas become important guarantees for the expansion of domestic demand. This research, through studying the current situation of rural financing, pointed out the main factors restricting the financing in rural areas, such as high risk credit, slow income growth, high financing cost and difficult mortgage and guaranteed loans. Based on those, the author worked out the objectives and direction of China＇s rural financing reform, from two aspects of path selection of reform and innovation and specific embodiments for adjusting the overall reconstruction, and put forward some relevant countermeasures.

Effect of commercial slow-release urea product on in vitro rumen fermentation and ruminal microbial community using RUSITEC technique

Background:The objectives of this study were to determine the effect of commercial slow-release urea(SRU)on in vitro fermentation characteristics,nutrient digestibility,gas production,microbial protein synthesis and bacterial community using a rumen simulation technique(RUSITEC).The experiment was a completely randomized design with four treatments and four replications of each treatment.Treatments were:control diet(no SRU addition),control diet plus 0.28%SRU(U28),or plus 0.56%SRU(U56),and control diet that was modified substituting a part of soybean meal equivalent to 0.35%SRU(MU35;dry matter[DM]basis).The experiment consisted of 8 d of adaptation and 7 d of data and sample collection.Rumen inoculum was obtained from three ruminally fistulated Angus cows fed the same diet to the substrate incubated.Results:Digestibility of DM,organic matter(OM),crude protein(CP),fibre and starch was not affected,but daily production of gas(P<0.07)and methane(P<0.05)was quadratically increased with increasing SRU supplementation.The increase of SRU addition did not affect fermentation pH and total volatile fatty acid(VFA)production,whereas linearly(P<0.01)decreased proportion of propionate,and linearly(P<0.01)increased acetate to propionate ratio and ammonia nitrogen(N)concentration.The microbial N efficiency was also linearly(P<0.03)improved with increasing supplementation of SRU.In comparison with control diet,the dietary substitution of SRU for part of soybean meal increased(P<0.05)the digestibility of DM,OM and CP and decreased(P<0.02)the total gas production.The total VFA production and acetate to propionate ratio did not differ between control and MU35,whereas the proportion of butyrate was lower(P<0.05)and that of branched-chain VFA was greater(P<0.05)with MU35 than control diet.Total and liquid-associated microbial N production as well as ammonia N concentration were greater(P<0.03)with MU35 than control diet.Observed operational taxonomic units(OTUs),Shannon diversity index,and beta diversity of the microbial community did not differ among treatments.Taxonomic analysis revealed no effect of adding SRU on the relative abundance of bacteria at the phylum level,while at the genus level,the beneficial impact of SRU on relative abundance of Rikenellaceae and Prevotellaceae in feed particleassociated bacteria,and the abundance of Roseburia in liquid associate bacteria was greater(P<0.05)with MU35.Conclusions:Supplementation of a dairy cow diet with SRU showed potential of increase in ammonia N concentration and microbial protein production,and change fermentation pattern to more acetate production.Adding SRU in dairy cow diet also showed beneficial effect on improving digestibility of OM and fibre.The results suggest that SRU can partially substitute soybean meal in dairy cow diet to increase microbial protein production without impairing rumen fermentation.

Exploration of New Financing Mode of Farmers' Co-operatives——A Case of Guangxi Zhuang Autonomous Region,China

Based on the overview of the role played by farmers' co-operatives in developing rural economy and existing problems,the thesis has introduced the factors which influence the development of farmers' co-operatives including five aspects,namely conditions of scale economy,popularization and application of agricultural production technology,comparative advantage,market expectancy and government support.By analyzing typical cases of three co-operatives in Guangxi(Heng County Dadi Growing Co-operatives,talents-leading share-holding co-operatives;Long'an County Guixiniu Co-operatives,co-operatives led by leading-enterprise;Nanning City Tanluo Town Jinguang Fruits and Potatoes Co-operatives,co-operatives led by leading-enterprise),the way to develop farmers' co-operatives by dint of the external capital has been discussed.The results demonstrate that conditions of scale economy,popularization and application of agricultural production technology,comparative advantage,excellent market expectancy and government support,are conducive to absorbing external capital.Under China's existing economic conditions,the government should normalize the use and allocation procedure of program fund.

Effective remediation of cadmium and lead contaminated soils by a novel slow-release phosphate amendment

Phosphate is widely used to immobilize cadmium(Cd)and lead(Pb)in soils through the insoluble metal phosphate precipitation.However,an increase in the phosphorus content of the environment can cause new pollution.In this study,five slow-release phosphate amendments(SRPAs)were synthesized and their characteristics including BET,SEM,FTIR,swelling ratio,and thephosphorus release were determined.The results show that SRPA was a sphere with a network structure with a specific surface area of 5 to 7.18 m^(2)/g andcontained phosphate,hydroxyl,carboxyl and other functional groups.Among five SRPAs,S3 sample showed good performance for phosphate release.Phosphate release from SRPA was well fitted with Ritger-Peppas model with constant n between 0.45 and 0.85,indicating that the phosphate release was in accordance with non-Fickian diffusion.As compared with monocalcium phosphate(MCP),SRPA application led to a lower concentration of water-soluble phosphorus in the soil sample and higher remediation efficiencies of Cd and Pb.The remediation efficiencies of water-soluble Cd and Pb in soil with SRPA were 97.1%and 97.9%,respectively.The remediation efficiencies of bioavailable Cd and Pb were 71.85%and 76.47%,respectively.The results of Tessier extraction showed that the exchangeable and carbonatebound fractions of Cd and Pb in the soil sample after SRPA application significantly reduced,while the residual fraction increased,indicating the stability of heavy metals increased.