New Global Governance Platform

Since it was put forward three years ago by Chinese President Xi Jinping,the Belt and Road Initiative has become an important platform for countries along the routes to share development opportunities.According to Wang Yiwei,Professor of international relations at Renmin University of China,the initiative will act as a good supplement and improve- ment to the existing mechanism of international governance, while injecting new vitality into the world＇s economic recovery and long-term development. His ideas follow：

GOVERNANCE OF GLOBAL SUPPLY CHAINS VULNERABILITY BY BUSINESS-BASED INTERORGANIZATIONAL INFORMATION PLATFORM

The paper introduces the business-based interorganizational information platform（IOP） and analyzes the feasibility and mechanism of business-based IOP governing global supply chains vulnerability,and then aims to develop a risk evaluation software under reliable algorithm to appraise the capability of an interorganizational information platform resisting to global supply chains risks that supports platform users and providers to make decisions.The paper respectively starts with a basic conceptual model of global supply chains vulnerability and a conceptual model of global supply chains vulnerability in business-based IOP,and then gives the simulation model of governance of global supply chain vulnerability in business-based IOP;then has a discussion with the beneficial model of governing global supply chains vulnerability by using business-based IOP or not.The results of research：（1） If given the ratio of expense per income on global supply chains using business-based IOP, we can estimate the costs to take precautions against risks that decides to the maximum value of the average income of per transaction on global supply chains using business-based IOP.（2） If given total income of transaction on global supply chains using business-based IOP,we can estimate the maximum value of the ratio of expense per income on global supply chains using business-based IOP, which would help to make pricing policy for IOP service provider.

The Governance Model for Entrepreneurial Enterprises:A Study Based on Dynamic Ownership Governance Platform

When human capital becomes the most important strategic capital,an entrepreneurial enterprise has to reform and innovate its corporate governance around human capital and its dynamism so as to acquire the capacity of sustainable endogenous growth.This article is intended to discuss the meaning and adaptability of Huawei’s characteristic systems and mechanisms and then proceeds to introduce the general design of entrepreneurial enterprises'dynamic ownership governance platform and the possible effect of corporate governance.Subject to existing Chinese laws and regulations and with full consideration of the dynamics of human capital,this article recommends an entrepreneurial enterprise to set up a dynamic ownership governance platform,innovate and optimize its corporate governance structure and relevant mechanisms and promote the gradual socialization of its founder/founding team’s rights to earnings,control and management;then put in place scientific and proper counterbalance mechanisms in accordance with the principle of separation of powers and incentive compatibility,reform its selection of managing staff and introduce market mechanisms to promote fair competition and dynamic incentive compatibility between its founder/founding team and other key stakeholders.This article is meant to facilitate an entrepreneurial enterprise to turn to socialization corporate governance,and acquire the motivation and gradually form the capacity for endogenous growth.