Research on Mixed Ownership Reform of State-Owned Enterprises from the Perspective of Marxist Political Economy

Under China’s socialist system,state-owned enterprises are key forces driving the economic trajectory and providing strong momentum.These enterprises not only bear the crucial responsibility of advancing the process of national modernization but also serve as the core of the national economic lifeline through their irreplaceable status and function amidst changing times.In the new era,with the advent of the technological revolution and the wave of globalization,state-owned enterprises face unprecedented opportunities and challenges.As a significant aspect of state-owned enterprise reform,the mixed ownership reform is not only a transformation in the structure of enterprise ownership but also a reflection of China’s broader,comprehensive reform efforts.By deeply advancing this reform,it will help optimize the allocation of state-owned assets and significantly boost technological and management innovation within state-owned enterprises,ensuring their competitiveness in the intense market environment.Therefore,this paper will conduct an in-depth analysis of the mixed ownership reform of state-owned enterprises from the perspective of Marxist political economy.

A Time-Domain Numerical Simulation for Free Motion Responses of Two Ships Advancing in Head Waves

The constant panel method within the framework of potential flow theory in the time domain is developed for solving the hydrodynamic interactions between two parallel ships with forward speed.When solving problems within a time domain framework,the free water surface needs to simultaneously satisfy both the kinematic and dynamic boundary conditions of the free water surface.This provides conditions for adding artificial damping layers.Using the Runge−Kutta method to solve equations related to time.An upwind differential scheme is used in the present method to deal with the convection terms on the free surface to prevent waves upstream.Through the comparison with the available experimental data and other numerical methods,the present method is proved to have good mesh convergence,and satisfactory results can be obtained.The constant panel method is applied to calculate the hydrodynamic interaction responses of two parallel ships advancing in head waves.Numerical simulations are conducted on the effects of forward speed,different longitudinal and lateral distances on the motion response of two modified Wigley ships in head waves.Then further investigations are conducted on the effects of different ship types on the motion response.

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.

Research on Financial Performance of State-owned Enterprise Mixed Ownership Reform

Mixed ownership is an important form of realization of China＇s economic system reform and development, and it is also the main direction of state-owned enterprise reform. In order to further promote the deepening of the reform of mixed ownership, this paper randomly selects 200 listed state-owned enterprises as research objects, and studies the trends of the financial performance of these enterprises from the mixed state-owned enterprises and non-mixed-modification enterprises in the five years from 2013 to 2017, and compares their various trends. Financial indicators, a comprehensive evaluation of the problems and causes in the reform of the mixed ownership system, and then propose countermeasures to further deepen the reform of mixed ownership based on the research conclusions.

Internal Control Management and Risk Prevention Measures of State-Owned Enterprises

As an important pillar of national economic development,state-owned enterprises,their operational efficiency,and risk management ability are directly related to the stability and security of the national economy.As an important part of enterprise management,internal control management plays an irreplaceable role.Especially in the current domestic and international economic situation is complex and changeable,market competition is increasingly fierce environment,to strengthen the internal control management of state-owned enterprises and risk prevention measures is particularly important.This paper starts with the importance of internal control management and risk prevention for state-owned enterprises,and analyzes the problems and strategies in the internal control management and risk prevention of state-owned enterprises,in order to build a more comprehensive and efficient risk management system for state-owned enterprises to adapt to the ever-changing market environment and realize sustainable development.

Discussion on the relationship between Construction of Forest Towns and Reform & Development of State-owned Forest Farms

In recent years, China's social economy has continued to develop. While paying attention to the pursuit of the economy, people are paying more and more attention to the pursuit of quality of life. China has vast territory and abundant resources, forest resources are particularly rich, in order to make full use of forest resources and regulate the use and protection of forests, China has promoted the development of forestry by deepening the construction and reform of state-owned forest farms, and using forest resources to obtain benefits to meet people's living needs. This paper explores the necessity and advantages of building a forest town by analyzing the reform and development situation of state-owned forest farms.

Game analysis of control right of state-owned shares under the background of the mixed ownership

Since the Third Plenary Session of the 18 th Central Committee of the Communist Party of China, the concept of the mixed ownership economy has received extensive attention from all sectors of society, which has effect on a coming new round of reformation on enterprise property. However, in order to take control of the state-owned shares in the end making the state ownership economy become the principal position and to enlarge the scale of state-owned shares, which guides the common development with the non-public sectors of the economy, how to determine the proportion of state-owned shares? Under the background of the mixed ownership reformation, the article explains the mixed ownership by explaining how to enlarge the state-owned assets controlling scale and how to improve the stateowned company 'economic effi ciency and how to protect the interests of small shareholders. The final conclusion is that the SASAC should use the thinking of relative holdings, instead of the absolute control thinking, and should make use of the games among the large shareholders and the pyramidal ownership structure to make the pattern of ownership diversify.

Research on the relationship between strategic leadership of senior managers of state-owned enterprises and business performance

Performance management has become a competitive advantage of enterprises to cultivate core competitiveness of strategic initiatives, but how to act performance management out scientifically has been difficult. An unclear understanding of the various issues often results in improper handling counterproductive. Thus, we should analyze human resource performance management problems and their causes, and only on this basis can we establish and implement effective hunlan resource management system dynamic performance during the difficulties and the main factors that should be considered to elaborate.

Applying the vantage PDMS to jack-up drilling ships

The plant design management system （PDMS） is an integrated application which includes a database and is useful when designing complex 3-D industrial projects. It could be used to simplify the most difficult part of a subsea oil extraction project-detailed pipeline design. It could also be used to integrate the design of equipment, structures, HVAC, E-ways as well as the detailed designs of other specialists. This article mainly examines the applicability of the Vantage PDMS database to pipeline projects involving jack-up drilling ships. It discusses the catalogue （CATA） of the pipeline, the spec-world （SPWL） of the pipeline, the bolt tables （BLTA） and so on. This article explains the main methods for CATA construction as well as problem in the process of construction. In this article, the authors point out matters needing attention when using the Vantage PDMS database in the design process and discuss partial solutions to these questions.

Development and Management Status of Voluntary Observing Ships in China

Voluntary observing ship （VOS） observations are international obligations that must be fulfilled by China. Currently, the number of Chinese VOSs is showing a decreasing trend, which has decreased from more than one hundred ships in the past to the current number of thirty something ships. Moreover, the observation capabilities have many existing problems, such as relatively outdated observation measures, simple observation parameters, and lack of observation data. Fundamentally speaking, the operation mechanism of VOSs lacks effective systematic assurance and protection. Consequently, these VOSs are unable to have sufficient operational capabilities and cannot effectively fulfill their international obligations.

Numerical Simulation and Experimental Research on Wake Field of Ships Under off-Design Conditions

Different operating conditions （e.g. design and off-design） may lead to a significant difference in the hydrodynamics performance of a ship, especially in the total resistance and wake field of ships. This work investigated the hydrodynamic performance of the well-known KRISO 3600 TEU Container Ship （KCS） under three different operating conditions by means of Particle Image Velocimetry （P/V） and Computational Fluid Dynamics （CFD）. The comparison results show that the use of PIV to measure a ship＇s nominal wake field is an important method which has the advantages of being contactless and highly accurate. Acceptable agreements between the results obtained by the two different methods are achieved. Results indicate that the total resistances of the KCS model under two off-design conditions are 23.88% and 13.92% larger than that under the designed condition, respectively.

Operational Options for Green Ships

Environmental issues and rising fuel prices necessitate better energy-etlicwncy in all sectors, The shipping industry is one of the major stakeholders, responsible for 3% of global CO2 emissions, 14%-15% of global NOx emissions, and 16% of global SOx emissions. In addition, continuously rising fuel prices are also an incentive to focus on new ways for better energy-effectiveness. The green ship concept requires exploring and implementing technology on ships to increase energy-efficiency and reduce emissions. Ship operation is an important topic with large potential to increase cost-and-energy-effectiveness. This paper provided a comprehensive review of basic concepts, principles, and potential of operational options for green ships. The key challenges pertaining to ship crew i.e. academic qualifications prior to induction, in-service training and motivation were discussed. The author also deliberated on remedies to these challenges.

Path following control of underactuated ships based on nonswitch analytic model predictive control

A path following controller is developed for underactuated ships with only surge force and yaw moment available to follow a predefined path.The proposed controller is based on nonswitch analytic model predictive control.It is shown that the optimal control law for a nonlinear path following system with ill-defined relative degree is continuous and nonsingular.The problem of ill-defined relative degree is solved.The path-following ability of the nonlinear system is guaranteed.Numerical simulations are provided to demonstrate the effectiveness of the proposed control law.

Radar Cross Section Prediction and Reduction for Naval Ships

Radar cross section（RCS） is the measurement of the reflective strength of a target.Reducing the RCS of a naval ship enables its late detection,which is useful for capitalizing on elements of surprise and initiative.Thus,the RCS of a naval ship has become a very important design factor for achieving surprise,initiative,and survivability.Consequently,accurate RCS determination and RCS reduction are of extreme importance for a naval ship.The purpose of this paper is to provide an understanding of the theoretical background and engineering approach to deal with RCS prediction and reduction for naval ships.The importance of RCS,radar fundamentals,RCS basics,RCS prediction methods,and RCS reduction methods for naval ships is also discussed.

Domain Decomposition and Matching for Time-Domain Analysis of Motions of Ships Advancing in Head Sea

A domain decomposition and matching method in the time-domain is outlined for simulating the motions of ships advancing in waves. The flow field is decomposed into inner and outer domains by an imaginary control surface, and the Rankine source method is applied to the inner domain while the transient Green function method is used in the outer domain. Two initial boundary value problems are matched on the control surface. The corresponding numerical codes are developed, and the added masses, wave exciting forces and ship motions advancing in head sea for Series 60 ship and S175 containership, are presented and verified. A good agreement has been obtained when the numerical results are compared with the experimental data and other references. It shows that the present method is more efficient because of the panel discretization only in the inner domain during the numerical calculation, and good numerical stability is proved to avoid divergence problem regarding ships with flare.

Adaptive robust dissipative designs on straight path control for underactuated ships

An adaptive robust control algorithm for ship straight path control system in the presence of both modeling uncertainties and the bounded disturbances is proposed. Motivated by the backstepping approach, the algorithm is developed by using the dissipation theory, such that the resulting dosed-loop system is both strictly dissipative and asymptotically adaptively stable for all admissible uncertainties. Also, it is able to steer an underactuated ship along a prescribed straight path with ultimate bounds under external disturbances induced by wave, wind and ocean current. When there are no disturbances, the straight path control can be implemented in a locally asymptotically stable manner. Simulation results on an ocean-going training ship ‘YULONG＇ are presented to validate the effectiveness of the algorithm.

Test Study on Current Force on Mooring Ships

In respect of an offshore berthing pillar, the test study result of current force acting on mooring ships is described in this paper. Empirical and semi-empirical relationships of current force coefficient are given according to the angle between the flow direction and the ship's longitudinal axis, which are coincident with the result of theoretical analysis.

SYNTHETIC ANALYSIS OF IMPACT LOADING OF SHIPS IN REGULAR WAVES ON PIERS

In this paper, the results of model tests of impact energy and forces and motions of moored ships from 20,000 dwt to 200,000 dwt in regular waves upon piers are synthetically analyzed. Based on the concept of wave energy transmission and the theory of vibration, a semi-empirical formula for evaluating impact energy and forces is proposed.

International code for ships operating in polar waters:challenges to polar shipping safety rules in China

Abstract With the sea-ice diminishing steadily in the polar regions, there has been growing interest in new transit routes through polar waters using cost-effective transportation. Among the international regulators over polar shipping, the International Maritime Organization （IMO） is the leading body concerned with drafting marine safety and environmental protection rules. The mandatory Polar Code （International Code for Ships Operating in Polar Waters） adopted by the IMO signals the consensus among maritime states to apply compulsory rules to vessels operating in Arctic and Antarctic waters. As the standing member of the IMO and a major global shipping power, China is preparing to adopt national regulatory standards to develop an adequate vessel infrastructure and crew training system. Proceeding in parallel with the developing polar shipping industry, China will also move ahead in comprehensive collaboration with the Nordic states regarding polar issues.

Dynamic Interaction of Parallel Moving Ships in Close Proximity

Nowadays,there are many studies conducted in the field of marine hydrodynamics which focus on two vessels traveling and floating in sufficiently close proximity to experience significant interactions.The hydrodynamic behavior of parallel moving ships in waves is an interesting and important topic of late.A numerical investigation has been carried out for the prediction of wave exciting forces and motion responses of parallel moving ships in regular waves.The numerical solution was based on 3D distribution technique and using the linear wave theory to determine the exciting forces and ship＇s motion.The speed effects have been considered in the Green function for more realistic results.The numerical computations of wave exciting forces and motion responses were carried out for a Mariner and Series 60 for the purpose of discovering different Froude numbers and different separation distances in head sea conditions.Based on the numerical computations,it was revealed that the sway,roll and yaw have a significant effect due to hydrodynamic interaction.