Government subsidies, dual-credit policy, and enterprise performance: Empirical evidence from Chinese listed new energy vehicle companies

The development of the new energy vehicle industry has become a key force driving the goals of carbon peak and carbon neutralization.To better guide future strategies,this study investigates the dual impact of subsidy and dual-integral policies on the performance of new energy vehicle enterprises.This study first theorizes the influential mechanism according to the institutional-based approach and technical innovation theory,and then collects data from listed companies in the new energy vehicle industry from 2016 to 2020.The hypotheses are examined using a two-way fixed-effects model.The findings show that:(1)subsidy policies are can still improve enterprise performance,but not through green technology innovation;(2)the dual-credit policy can improve enterprise performance through green technology innovation;and(3)under current policy conditions,with subsidies declining annually,the interaction effects between the subsidy and dual-integral policies will also decrease.Thus,this study suggests that non-monetary industrial policy,represented by the dual credit policy is a more effective alternative to government subsidies.

Goals and Challenges of Global AI Governance and Chinese Solutions

In July 2023,United Nations(UN)Secretary-General Antonio Guterres called for the establishment of an entity agency responsible for artificial intelligence(AI)security governance,and organized an“AI High-level Advisory Committee”to explore pertinent issues,opening the prelude to global AI governance.In October 2023,Chinese President Xi Jinping put forward the Global AI Governance Initiative in his keynote address at the opening ceremony of the Third Belt and Road Forum for International Cooperation,elaborating China’s policy positions on AI governance to the international community.

Research on Policy Diffusion Path and Reproduction of River Chief System

The River Chief System (RCS) has evolved from local innovative practices to a national water governance strategy to address the current challenges in China’s water environmental management. In contrast to existing research that focuses on the strengths, weaknesses, and improvements of RCS, this study uses literature study to reveal the dynamic evolution of RCS through three phases, with RCS spreading from developed coastal areas to central and western inland regions. RCS’s diffusion path involves vertical diffusion between central and local levels and horizontal diffusion among local governments. Moreover, RCS has also achieved conceptual spillover, gradually expanding into other governance domains, such as the Lake Chief System, the Field Chief System, the Forestry Chief System, and the integration of multiple chief roles. However, it is essential to scrutinize the phenomenon of applying similar governance mechanisms to different areas, as it may result in challenges such as overburdening local governments, insufficient public participation, oversimplification of differences in natural resource endowments, and limited applicability. This study also provides suggestions on how to address these challenges. The study contributes theoretical insights and policy implications, providing a foundation for practical policy innovation.

Evolution and Governance of the Structure of Marine Economic Networks in China’s Coastal Areas: Based on Sea-related A-share Listed Companies

Data on discrete,isolated attributes of the marine economy are often used in traditional marine economic research.However,as the focus of urban research shifts from internal static attributes to external dynamic linkages,the importance of marine economic net-work research is beginning to emerge.The construction of the marine economic network in China’s coastal areas is necessary to change the flow of land and sea resources and optimize regional marine economic development.Employing data from headquarters and branches of sea-related A-share listed enterprises to construct the marine economic network in China,we use social network analysis(SNA)to discuss the characteristics of its evolution as of 2010,2015,and 2020 and its governance.The following results were obtained.1)In terms of topological characteristics,the scale of the marine economic network in China’s coastal areas has accelerated and expan-ded,and the connections have become increasingly close;thus,this development has complex network characteristics.2)In terms of spatial structure,the intensity of the connection fluctuates and does not form stable development support;the group structure gradually becomes clear,but the overall pattern is fragmented;there are spatial differences in marine economic agglomeration radiation;the radi-ation effect of the eastern marine economic circle is obvious;and the polarization effect of northern and southern marine economic circles is significant.On this basis,we construct a framework for the governance of a marine economic network with the market,the government,and industry as the three governing bodies.By clarifying the driving factors and building objectives of marine economic network construction,this study aims to foster the high-quality development of China’s marine economy.

GDI and GSI: China’s New Propositions for Global Governance

In the post-pandemic era,the global economic and security landscapes are fraught with complexities and uncertainties.Among them,four risk flashpoints merit attention:Certain countries are raising interest rates to subdue inflation,despite their already high levels of debt;the bulk commodities market is experiencing volatility,leading to global turbulence and change;trade protectionism is at the forefront of major-power rivalry in political and economic spheres;and regional security crises are compounding international tensions.Behind those flashpoints are contradictions that obstruct world peace and progress,including development imbalances,governance gaps,and structural tensions in global security.In the face of uncertainties,it is crucial for China to seize strategic opportunities and transform crises into favorable situations.China has launched the Global Development Initiative(GDI)and the Global Security Initiative(GSI)to contribute to global prosperity and security.The two initiatives demonstrate China’s commitment to addressing global deficits in peace,development,security,and governance.

The Influence of Christian Nationalism on U.S.Foreign Policy

This paper explores the influence of Christian nationalism on U.S.foreign policy,examining its historical roots,ideological foundations,and contemporary implications.Christian nationalism,an ideology that links Christianity with national identity,has shaped U.S.foreign policy in areas such as religious freedom,Middle East diplomacy,and national security.Through its emphasis on the moral duty to defend Christianity and its promotion of conservative social values,Christian nationalism has affected U.S.relations with countries around the world,particularly in the Middle East and with religious minorities.The paper discusses the complexities and controversies surrounding Christian nationalism,its impact on the U.S.’s global image,and the challenges it poses to religious pluralism.The future of Christian nationalism’s influence on U.S.foreign policy is uncertain,as societal shifts and evolving global dynamics may prompt a reevaluation of its role in shaping America’s international actions.Overall,the paper provides a nuanced analysis of how Christian nationalism has intertwined with U.S.foreign policy and how its influence might evolve in the future.

Governmental policies on HIV infection in China

This article is a general review of the evolvement of HIV/AIDS-related public policies in China since 1980’s. It tracks the important laws, regulations and other governmental documents in regard to HIV/AIDS prevention mainly at central level.

RECURSIVE UTILITY,PRODUCTIVE GOVERNMENT EXPENDITURE AND OPTIMAL FISCAL POLICY

This paper employs a stochastic endogenous growth model extended to the case of a recursive utility function which can disentangle intertemporal substitution from risk aversion to analyze productive government expenditure and optimal fiscal policy, particularly stresses the importance of factor income. First, the explicit solutions of the central planner＇s stochastic optimization problem are derived, the growth maximizing and welfare-maximizing government expenditure policies are obtained and their standing in conflict or coincidence depends upon intertemporal substitution. Second, the explicit solutions of the representative individual＇s stochastic optimization problem which permits to tax on capital income and labor income separately are derived ,and it is found that the effect of risk on growth crucially depends on the degree of risk aversion,the intertemporal elasticity of substitution and the capital income share. Finally, a flexible optimal tax policy which can be internally adjusted to a certain extent is derived, and it is found that the distribution of factor income plays an important role in designing the optimal tax policy.

Review and prospect of comprehensive straw utilization and government policy in China

The comprehensive use and efficient management of straw are significant for agriculture's green and low carbon transformation.This paper uses literature research and comparative analysis to systematically review the literature on comprehensive straw utilization and governance policy research in China over the past five years.The current literature has explored two major directions:regional and industrial policies and the main actors involved in the comprehensive use of straw.The research is complementary and fruitful concerning both micro and macro perspectives;however,the extant literature suffers from a lack of attention to straw intermediaries and enterprises and a lack of research across time.Therefore,this paper provides an outlook for future research.In the future,scholars should pay more attention to straw intermediaries and enterprises,conduct continuous observations of multiple regions over time to obtain panel data,and further test the heterogeneity of factors to obtain more scientific and valid results.

A Study of Indian Government Policy on Production and Processing of Cotton and Its Implications

India is a major player in international cotton markets as it is the world＇s second largest cotton producer, consumer and exporter in 2009-2010. In this context, this paper assesses the competitiveness of Indian cotton producers and potential implications for India as a competitor in the world cotton market. This paper developed an updated estimate of the costs of cotton production in India and developed representative farm models for cotton production in three important cotton production states （Gujarat, Maharashtra and Andhra Pradesh） of India. In this research, Rapid Rural Appraisal （RRA） methodology has been adopted to collect information for developing representative farm models. These models are further subjected to stochastic simulation to understand the impact of government policies like subsidies to various inputs on farm level profitability and ultimately on the competitiveness of Indian cotton in international markets. This paper also analyzed the impact of national fiber policy of the government of India on the cotton processing sector in India. The results demonstrate that the net income of the cotton farmers will decrease considerably without the presence of fertilizer subsidies. The study also concludes that if the objectives of the national fiber policy are fulfilled, India will export more of value added cotton products like textiles and garments rather than raw cotton.

Research on the Policy Orientation of Government in Agricultural Industrialization Development

Governmental functions in agricultural industrialization management are analyzed, mainly including supplying public products, providing property right security, managing and protecting resources and environment as well as stabilizing the agro-product market. The policy orientation promoted by the government in agricultural industrialization management is pointed out: formulating a series of macro-management planning to guide and regulate agricultural industrialization operation; fully playing the comprehensive coordinating role of "economic manager"; making and carrying out relevant laws and regulations to normalize the implementation of agricultural industrialization management. To implement the industrial management of agriculture and promote the construction of new countryside, governments at all levels should eliminate the institutional barriers, transform governmental functions gradually and prioritize planning, regulation, service and supervision, changing from merely management to playing the role of market mechanism. Meanwhile, economic, legal and administrative means should be properly adopted to advance the industrial management and the healthy improvement of modern agriculture.

Canadian provincial, territorial, and federal government aging policies: A systematic review

In most countries, population aging is becoming more evident now that the first members of the large babyboom cohort have reached 65 years of age. As an accelerating increase in the number of older persons and the proportion of the public aged 65 and older will now occur, planning for population aging has become ever more crucially important. A systematic review of Canadian provincial, territorial, and federal government documents was undertaken to search for the existence of population aging policies, and to determine the aims and other content of the most current policy documents. Documents were identified in all but two jurisdictions of Canada (two northern territories). Document developers, and the aims and content of the 14 reviewed documents varied considerably. Some similarities were identified, however, including some common stated purposes for these documents - to address current issues and challenges facing older people and to plan ahead for a preferred future with population aging.

Public Agenda, Media Agenda and Policy Communication Process of Government Annual Reports:Based on the Survey in 19 Chinese Cities

Promoting direct policy communication between policy makers and the public is both an important function of government annual reports (GARs) and a key issue in democratic politics.According to this survey,conducted in 19 major cities in China,to promote the policy communication function of the GARs the government should make full use of changes in public policy communication habits and the convergence of public policy preferences in different groups while dealing with routine problems such as “public opinion deficits” and “being popular among the institutional staff but unnoticed the non-institutional staff.”

Prospects of the New German Government’s China Policy

In contrast to the Merkel era, the emphasis on ideological disputes and competition with China is evident in the new German government's Coalition Treaty and several of its new ministers' expressions about China. Against the background of the rising antagonism between China and the West as well as the continuous efforts of the US to urge Europe to curb China in recent years, Germany's understanding of China tends to be negative. Besides, because of the changes in Germany's political landscape and in Sino-German economic and trade relations, the new government is likely to reinforce its defense against and pressure upon China, reduce its strategic dependence on China, strengthen the coordination with its European and American allies for a collective China policy, and compete for dominance in economy and trade, science and technology, global infrastructure, and rules and standards. Sino-German relations may fluctuate, but because of the binding of the economy and trade between the two countries, internal contradictions inside the Western Bloc, and the German tradition of diplomatic pragmatism, the new government will adjust its China policy on the basis of continuation, so that the reversal of the Sino-German relations is hardly to be triggered.

Evaluation of the Impact of Government Policy on the Overuse of Groundwater in the Minqin Basin in China

The existing literature simply concludes that the irrational behaviors of local people and natural factors are the major reasons for overuse of groundwater. Using the OLS and ARIMA (BJ) Statistical Methods and Trend Analyses, this article finds that government policy, as measured by four proxy variables, is a very important factor that strongly influences the overuse of groundwater at the collective level. This means the government is a very important actor in the game of groundwater usage. Although these findings cannot clearly separate government effects from local effects, using a Trend Analysis, they reveal that these significant effects are strictly consistent with variations in government policy. Moreover, they show that government policy effective at the county level strongly impacts the overuse of ground-water by influencing the behavior of the local people and that policy at the operative level impacts four policy domains: population, cultivated land, water assignments and peasant income.

Construction of building energy conservation incentive policies under government regulation: Based on the subjects' behavior analysis

Building energy efficiency is a long-term strategy to achieve sustainable development, but the inconsistencies of main interests during the implementation lead to the need for government regulation in building energy conservation. Implementation of building energy efficiency of government regulation covers three aspects of construction and involves relevant participators, so the paper analyzes interests and roles of the related subjects in building energy saving, explore the motivations and its conversion mechanism of each player, and dissect the game relationship of associated earnings of developers' and consumers' behaviors selection under government control. Finally, the paper proposes basic requirements of building incentive policies for related subjects under government control to regulate the main behaviors of subjects in building energy efficient buildings and achieve energy efficiency goals and balance of all parties' benefits.

Alternative policy implementation: Theoretical explanation and case analysis of local government's action logic

Since the reform and opening up, the local government has played a key role in promoting the economic and social development of our country, and the effective implementation of the local government has become an important research topic. Therefore, based on the literature, the observation method of in-depth interviews, practice investigation and participation is adopted in this paper, which focuses on the implementation of special groups of social assistance policy. The theoretical framework of government' rational choice reveals the status of local government implementation policies and behavior behind the mechanism and organizational structure. The study found that:(1) the local government is easy to choose a quantifiable policy to implement;(2) there is a coexistence between the local government departments;(3) the local government selectively meets the needs of special personnel;(4) the local government's seeking political promotion and power leads to its behavior alienation.

ON BRITISH LABOUR GOVERNMENT'S HONG KONG POLICY

Hong Kong’s return to China is a historic event in world affairs as well as inSino-British relations.Britain’s policy toward Hong Kong,therefore,has aninternational significance.Immediately after the British election in early May,theworld press were generally of the view that the Labour’s victory would make littleor no difference to the Hong Kong handover question.The appraisal still holdslargely true today.Judging from new developments since then,however,there

The Government Supporting Policy for Sustainable Development of Small and Medium Industrial Enterprises in Vietnam

In recent years,the issues of sustainable development in general and enterprise's sustainable development have always been given special attention by government management agency,including small and mediumsize industrial enterprises.The study conducted a survey of 316 industrial SMEs in three regions of the North,Central and South of Vietnam with the main survey subjects being managers in enterprises.The main purpose of the study is to assess the impact of the government support policies compared to other factors developed in the research model affecting the sustainable development of small and medium-sized industrial enterprises(SMEs)in Vietnam.In this research,the authors employed exploratory factor analysis to identify 4 factors affecting the sustainable development of SMEs.The research results show that the government support policies have an important role but not strongly influence human resource factors,financial factor and social responsibility(SR)policies of enterprises in their sustainable development for industrial SMEs in Vietnam.