With the in-depth development of economic globalization and the continuous emergence of new technologies,the importance of enterprise financial investment management strategy is becoming more and more prominent.The tr...With the in-depth development of economic globalization and the continuous emergence of new technologies,the importance of enterprise financial investment management strategy is becoming more and more prominent.The traditional financial investment management strategy can no longer meet the needs of enterprises in the new era and needs to be innovated with the times.For enterprises,the effectiveness and scientificity of financial investment management strategy will directly affect the competitiveness and long-term development of enterprises.Therefore,this study chooses the innovation based on the financial investment management strategy of enterprises in the new era as the research theme,aiming at exploring the innovative strategy to adapt to the needs of enterprises in the new era.展开更多
Under the wave of global technological revolution,the new materials industry is facing difficulties in innovation and transformation.Equity investment has become a key driving force due to its flexible mechanism,risk ...Under the wave of global technological revolution,the new materials industry is facing difficulties in innovation and transformation.Equity investment has become a key driving force due to its flexible mechanism,risk sharing,and deep participation.Based on introducing the current development status of China’s new materials industry,this article reveals the mechanism of equity investment in financial support,risk management,incentive constraints,and resource integration.The article proposes optimization strategies,such as building an information-sharing mechanism and a diversified investment fund system,to promote the high-quality development of the new materials industry driven by innovation and provide strategic guidance for policymakers,investors,and enterprises.展开更多
The described structural model tries to answer some open questions such as: Why do quarks not exist in the open state? Where are the antiparticles from the Big Bang?
The energy demand in Australia is increasing with the industrialization and rapid economic growth.This study analyzed the relationships among the economic growth,Foreign Direct Investment(FDI),trade openness,urbanizat...The energy demand in Australia is increasing with the industrialization and rapid economic growth.This study analyzed the relationships among the economic growth,Foreign Direct Investment(FDI),trade openness,urbanization,and energy usage in Australia based on the data from World Development Indicators(WDI)from 1972 to 2021.The results indicates that there is a cointegration among economic growth,FDI,trade openness,urbanization,and energy usage,which was traced through the autoregressivedistributed lag(ARDL).The Zivot-Andrews unit root test reveals that energy usage,economic growth,FDI,urbanization,and trade openness show significant structural breaks in 1993,1996,1982,2008,and 1994,respectively.The ARDL model shows that economic growth has a positive and significant effect on energy usage in the long-run(0.814)and short-run(0.809).Moreover,the results also show that FDI(0.028)and trade openness(0.043)have positive impacts on energy usage in the long-run.However,urbanization shows a negative and significant influence on energy usage in the long-run(–0.965).Then,the research demonstrates a unidirectional causation between energy usage and trade openness,with energy usage significantly causing trade openness.The current study endorses energy consumption policies and investment strategies for a paradigm shifting from a reliance on fossil fuels as the primary energy source to renewable energy sources.These findings have profound implications for sustainable energy usage.展开更多
Recently,EY released its report Navigating the Belt and Road:Financial sector paves the way for infrastructure,which raises the fact that with the roll-out of the 'One Belt,One Road' initiative and the impleme...Recently,EY released its report Navigating the Belt and Road:Financial sector paves the way for infrastructure,which raises the fact that with the roll-out of the 'One Belt,One Road' initiative and the implementation of a series of reform measures,Chinese enterprises’outbound investments,led by infrastructure construction,continued its展开更多
Under the guidance of Deng Xiao-ping’s strategic think-ing of openning to the outside world, the structure of om-nibearing openness has basically taken shape in China. Follow-
The creation risk investmentof the high and new technology enterprise isthe way to finance:and invest for the business period. After we putting the capital into the high and new. technology project.that is in the dev...The creation risk investmentof the high and new technology enterprise isthe way to finance:and invest for the business period. After we putting the capital into the high and new. technology project.that is in the devetopment stage, the enterprise can, acquire high, increase, by the. support and assistance 'of, the. capital and management. After the enterprise grew up, it can achieve high benefits by selling stock, attorning the enterprise, and dealing property rights, etc. Finally it secedes form the enterprise invested. The purpose of total analysis in the respective stage for the business investment cause including cause prosperities, object, risk, is to comprehensively understand the effect on the anticipation ratio of the benefit, investment distribution, the stock property proportion which is offered by the activity content, and the emphasis of the assessment in the respective stages of the creation risk investment cause.展开更多
The volume of e-commerce trade is surging, mobile payment is taking over the world, and the sharing economy is a worldwide phenomenon. In recent years, China has made remarkable achievements in the digital economy dom...The volume of e-commerce trade is surging, mobile payment is taking over the world, and the sharing economy is a worldwide phenomenon. In recent years, China has made remarkable achievements in the digital economy domain, which has garnered attention from a wide range of sources.展开更多
The new spatial agglomeration of an open economy should conform to the spatial agglomeration theory of the new economic geography and the characteristic conditions of the Chinese population,follow the historical pract...The new spatial agglomeration of an open economy should conform to the spatial agglomeration theory of the new economic geography and the characteristic conditions of the Chinese population,follow the historical practice and development trend of the spatial agglomeration of China’s open economy for the past 40 years since reform and opening up,fit the transformation of the development status and goals of the Chinese economy,and fulfill the requirements of the new era brought about by the new trends of economic globalization.It is necessary to guide the open economy towards a proper clustering in the central and western regions and accelerate the regional opening up.Meanwhile,in order to promote the proper distribution of production factors and the coordinated development of an open economy,we should facilitate the spatial optimization distribution of production factors by employing the comparative regional advantages and endowments,thereby improving the international competitiveness of China’s open economy.展开更多
Social responsibility investment(SRI)has gradually become a new investment concept in the world.In the context of the new era,SRI has such problems in China such as lack of sufficient policy guarantee,SRI awareness of...Social responsibility investment(SRI)has gradually become a new investment concept in the world.In the context of the new era,SRI has such problems in China such as lack of sufficient policy guarantee,SRI awareness of investors and evaluation awareness of consumers on corporate social responsibility(CSR),and low degree of information disclosure of CSR.This paper puts forward some countermeasures to improve policies,laws and regulations on SRI in China,as well as the information disclosure system of social responsibility.This paper discusses enlightenment of the research progress of foreign SRI to China to promote the further development of SRI in China.展开更多
The terrorist attacks in the United States last month have not slowed down the process of China′saccession to WTO.It is expected that China will eventually join WTO this November.Currently China isworking intensively...The terrorist attacks in the United States last month have not slowed down the process of China′saccession to WTO.It is expected that China will eventually join WTO this November.Currently China isworking intensively to revise its economic and foreign trade laws and regulations in conformity with the WTOrules.According to sources from the Ministry of Foreign Trade and Economic Cooperation(MOFTEC),China is to adopt the following measures to further encourage foreign investment in China.展开更多
The People’s Bank of China promulgated andput in force days ago Regulation on Foreign Ex-change Accounts in China, according to which for-eign individuals or legal persons can open foreignexchange accounts to keep fo...The People’s Bank of China promulgated andput in force days ago Regulation on Foreign Ex-change Accounts in China, according to which for-eign individuals or legal persons can open foreignexchange accounts to keep foreign exchange fortrading B stock in China.As stipulated by the regulation, as to foreigncurrency stock accounts opened bydomestic insti-tutions with the income from issuing stocks, theirreceipt shall be income from issuing stocks anddisbursement shall be used for the purposes pro-vided for in the prospectus approved by securitiessupervising organs; as to foreign exchange ac-counts opened by foreign individuals or legal per-sons for trading B stocks in China.their receipt shallbe the income of trading stocks and foreign ex-change remitted or brought in from abroad, andtheir disbursement shall be used for buying andselling stocks.As provided in the regulation, for the purposeof opening B stock account to trade B stocks展开更多
The 2018 Beijing Forum on Human Rights opens on this wonderful autumn day.On behalf of the China Society for Human Rights Studies, I wish to express warm congratulations on the opening of the forum and a sincere welco...The 2018 Beijing Forum on Human Rights opens on this wonderful autumn day.On behalf of the China Society for Human Rights Studies, I wish to express warm congratulations on the opening of the forum and a sincere welcome to all guests from home and abroad.展开更多
To improve the recognition ability of communication jamming signals,Siamese Neural Network-based Open World Recognition(SNNOWR)is proposed.The algorithm can recognize known jamming classes,detect new(unknown)jamming c...To improve the recognition ability of communication jamming signals,Siamese Neural Network-based Open World Recognition(SNNOWR)is proposed.The algorithm can recognize known jamming classes,detect new(unknown)jamming classes,and unsupervised cluseter new classes.The network of SNN-OWR is trained supervised with paired input data consisting of two samples from a known dataset.On the one hand,the network is required to have the ability to distinguish whether two samples are from the same class.On the other hand,the latent distribution of known class is forced to approach their own unique Gaussian distribution,which is prepared for the subsequent open set testing.During the test,the unknown class detection process based on Gaussian probability density function threshold is designed,and an unsupervised clustering algorithm of the unknown jamming is realized by using the prior knowledge of known classes.The simulation results show that when the jamming-to-noise ratio is more than 0d B,the accuracy of SNN-OWR algorithm for known jamming classes recognition,unknown jamming detection and unsupervised clustering of unknown jamming is about 95%.This indicates that the SNN-OWR algorithm can make the effect of the recognition of unknown jamming be almost the same as that of known jamming.展开更多
The extant literature has produced mixed evidence on the relationship between finan-cial development and ecological sustainability.This work addresses this conundrum by investigating financial development’s direct an...The extant literature has produced mixed evidence on the relationship between finan-cial development and ecological sustainability.This work addresses this conundrum by investigating financial development’s direct and indirect consequences on ecologi-cal quality utilizing the environmental Kuznets curve(EKC)methodological approach.Our empirical analysis is based on the novel dynamic autoregressive distributed lag simulations approach for South Africa between 1960 and 2020.The results,which used five distinct financial development measures,demonstrate that financial develop-ment boosts ecological integrity and environmental sustainability over the long and short terms.In the instance of South Africa,we additionally confirm the validity of the EKC theory.More importantly,the outcomes of the indirect channels demonstrate that financial development increases energy usage’s role in causing pollution while attenuating the detrimental impacts of economic growth,trade openness,and foreign direct investment on ecological quality.Moreover,the presence of an inadequate financial system is a requirement for the basis of the pollution haven hypothesis(PHH),which we examine using trade openness and foreign direct investment variables.PHH for both of these variables disappears when financial development crosses specified thresholds.Finally,industrial value addition destroys ecological quality while tech-nological innovation enhances it.This research provides some crucial policy recom-mendations and fresh perspectives for South Africa as it develops national initiatives to support ecological sustainability and reach its net zero emissions goal.展开更多
Due to the superimposed impacts of new industrial revolution,the changing trade policy and the COVID-19 pandemic,the world has seen setbacks in globalization,contractions in the global value chain(GVC),and the risk of...Due to the superimposed impacts of new industrial revolution,the changing trade policy and the COVID-19 pandemic,the world has seen setbacks in globalization,contractions in the global value chain(GVC),and the risk of a fragmented global system.The once-in-a-century changes in our world today highlight the need for China to explore a new development paradigm based on new concepts.In the new era,China must not only come to terms with a backlash against globalization and challenges from the reshaping of international rules,but also breathe life into the“dual circulations,”i.e.domestic and international economic circulations.China must open up wider to the outside world to keep abreast with changes in today’s global governance system.In the complex and volatile international environment,we should explore new areas of development spearheaded by institutional opening up,create new gateways and platforms for opening up and cooperation for mutual benefit,contribute to new global governance and security systems,and promote synergy between domestic and international circulations.In building a great modern socialist country,China must open up wider and be more inclusive to the outside world.展开更多
With the transformation of China's economy,the new generation of migrant workers quickly entered the labor market and gradually became the main body of supply in the labor market. Based on the relevant theory of h...With the transformation of China's economy,the new generation of migrant workers quickly entered the labor market and gradually became the main body of supply in the labor market. Based on the relevant theory of human capital investment and the survey of the current situation of entrepreneurial ability of the new generation of migrant workers,through building the human capital investment linear regression model,this paper analyzed the different variables for human capital investment of the new generation of migrant workers from the quantitative perspective. It found that the educational level is the largest factor influencing their entrepreneurial ability. Finally,it came up with pertinent recommendations for improving the entrepreneurial ability of the new generation of migrant workers.展开更多
Liu Haisu Art Museum has become one of the few public art galleries in Shanghai to open at night. This small change has led to heated debate inside and outside the industry: can the opening of art galleries at night b...Liu Haisu Art Museum has become one of the few public art galleries in Shanghai to open at night. This small change has led to heated debate inside and outside the industry: can the opening of art galleries at night become the norm?展开更多
Over the past forty years of reform and opening-up,China's industry has sustained rapid and sound development and generated impressive achievements.Industrialization has entered the second half of its final stage....Over the past forty years of reform and opening-up,China's industry has sustained rapid and sound development and generated impressive achievements.Industrialization has entered the second half of its final stage.This experience of successful industrialization with Chinese characteristics constitutes an important component Chinese wisdom and Chinese approaches,and serves as a reference for other developing countries and countries in transition.The Chinese experience in industrial development during this period includes: progressively promoting industrial and economic system reform adapted to local circumstances; seizing the right moment to firmly integrate into the global system of labor division; pursuing the new path of industrialization featuring coordinated development of the "Five Pillars" in keeping up with the times; and developing an industrialization model with Chinese characteristics with concerted efforts of effective market and enabling government.展开更多
文摘With the in-depth development of economic globalization and the continuous emergence of new technologies,the importance of enterprise financial investment management strategy is becoming more and more prominent.The traditional financial investment management strategy can no longer meet the needs of enterprises in the new era and needs to be innovated with the times.For enterprises,the effectiveness and scientificity of financial investment management strategy will directly affect the competitiveness and long-term development of enterprises.Therefore,this study chooses the innovation based on the financial investment management strategy of enterprises in the new era as the research theme,aiming at exploring the innovative strategy to adapt to the needs of enterprises in the new era.
基金Shenzhen Polytechnical University School level Scientific Research Projects 2023:“Research on the Path and Mechanism of Equity Investment in the Innovation Achievement Transformation of New Material Industry from the Perspective of Intermediary Effect”(Project No.6023310014S)Shenzhen Polytechnical University Postdoctoral Outstation Late Stage Funding Project:“Research on the Cultivation of Digital Trade Talents in the Guangdong Hong Kong Macao Greater Bay Area”(Project No.6023271012S)。
文摘Under the wave of global technological revolution,the new materials industry is facing difficulties in innovation and transformation.Equity investment has become a key driving force due to its flexible mechanism,risk sharing,and deep participation.Based on introducing the current development status of China’s new materials industry,this article reveals the mechanism of equity investment in financial support,risk management,incentive constraints,and resource integration.The article proposes optimization strategies,such as building an information-sharing mechanism and a diversified investment fund system,to promote the high-quality development of the new materials industry driven by innovation and provide strategic guidance for policymakers,investors,and enterprises.
文摘The described structural model tries to answer some open questions such as: Why do quarks not exist in the open state? Where are the antiparticles from the Big Bang?
文摘The energy demand in Australia is increasing with the industrialization and rapid economic growth.This study analyzed the relationships among the economic growth,Foreign Direct Investment(FDI),trade openness,urbanization,and energy usage in Australia based on the data from World Development Indicators(WDI)from 1972 to 2021.The results indicates that there is a cointegration among economic growth,FDI,trade openness,urbanization,and energy usage,which was traced through the autoregressivedistributed lag(ARDL).The Zivot-Andrews unit root test reveals that energy usage,economic growth,FDI,urbanization,and trade openness show significant structural breaks in 1993,1996,1982,2008,and 1994,respectively.The ARDL model shows that economic growth has a positive and significant effect on energy usage in the long-run(0.814)and short-run(0.809).Moreover,the results also show that FDI(0.028)and trade openness(0.043)have positive impacts on energy usage in the long-run.However,urbanization shows a negative and significant influence on energy usage in the long-run(–0.965).Then,the research demonstrates a unidirectional causation between energy usage and trade openness,with energy usage significantly causing trade openness.The current study endorses energy consumption policies and investment strategies for a paradigm shifting from a reliance on fossil fuels as the primary energy source to renewable energy sources.These findings have profound implications for sustainable energy usage.
文摘Recently,EY released its report Navigating the Belt and Road:Financial sector paves the way for infrastructure,which raises the fact that with the roll-out of the 'One Belt,One Road' initiative and the implementation of a series of reform measures,Chinese enterprises’outbound investments,led by infrastructure construction,continued its
文摘Under the guidance of Deng Xiao-ping’s strategic think-ing of openning to the outside world, the structure of om-nibearing openness has basically taken shape in China. Follow-
文摘The creation risk investmentof the high and new technology enterprise isthe way to finance:and invest for the business period. After we putting the capital into the high and new. technology project.that is in the devetopment stage, the enterprise can, acquire high, increase, by the. support and assistance 'of, the. capital and management. After the enterprise grew up, it can achieve high benefits by selling stock, attorning the enterprise, and dealing property rights, etc. Finally it secedes form the enterprise invested. The purpose of total analysis in the respective stage for the business investment cause including cause prosperities, object, risk, is to comprehensively understand the effect on the anticipation ratio of the benefit, investment distribution, the stock property proportion which is offered by the activity content, and the emphasis of the assessment in the respective stages of the creation risk investment cause.
文摘The volume of e-commerce trade is surging, mobile payment is taking over the world, and the sharing economy is a worldwide phenomenon. In recent years, China has made remarkable achievements in the digital economy domain, which has garnered attention from a wide range of sources.
文摘The new spatial agglomeration of an open economy should conform to the spatial agglomeration theory of the new economic geography and the characteristic conditions of the Chinese population,follow the historical practice and development trend of the spatial agglomeration of China’s open economy for the past 40 years since reform and opening up,fit the transformation of the development status and goals of the Chinese economy,and fulfill the requirements of the new era brought about by the new trends of economic globalization.It is necessary to guide the open economy towards a proper clustering in the central and western regions and accelerate the regional opening up.Meanwhile,in order to promote the proper distribution of production factors and the coordinated development of an open economy,we should facilitate the spatial optimization distribution of production factors by employing the comparative regional advantages and endowments,thereby improving the international competitiveness of China’s open economy.
文摘Social responsibility investment(SRI)has gradually become a new investment concept in the world.In the context of the new era,SRI has such problems in China such as lack of sufficient policy guarantee,SRI awareness of investors and evaluation awareness of consumers on corporate social responsibility(CSR),and low degree of information disclosure of CSR.This paper puts forward some countermeasures to improve policies,laws and regulations on SRI in China,as well as the information disclosure system of social responsibility.This paper discusses enlightenment of the research progress of foreign SRI to China to promote the further development of SRI in China.
文摘The terrorist attacks in the United States last month have not slowed down the process of China′saccession to WTO.It is expected that China will eventually join WTO this November.Currently China isworking intensively to revise its economic and foreign trade laws and regulations in conformity with the WTOrules.According to sources from the Ministry of Foreign Trade and Economic Cooperation(MOFTEC),China is to adopt the following measures to further encourage foreign investment in China.
文摘The People’s Bank of China promulgated andput in force days ago Regulation on Foreign Ex-change Accounts in China, according to which for-eign individuals or legal persons can open foreignexchange accounts to keep foreign exchange fortrading B stock in China.As stipulated by the regulation, as to foreigncurrency stock accounts opened bydomestic insti-tutions with the income from issuing stocks, theirreceipt shall be income from issuing stocks anddisbursement shall be used for the purposes pro-vided for in the prospectus approved by securitiessupervising organs; as to foreign exchange ac-counts opened by foreign individuals or legal per-sons for trading B stocks in China.their receipt shallbe the income of trading stocks and foreign ex-change remitted or brought in from abroad, andtheir disbursement shall be used for buying andselling stocks.As provided in the regulation, for the purposeof opening B stock account to trade B stocks
文摘The 2018 Beijing Forum on Human Rights opens on this wonderful autumn day.On behalf of the China Society for Human Rights Studies, I wish to express warm congratulations on the opening of the forum and a sincere welcome to all guests from home and abroad.
基金supported by the National Natural Science Foundation of China(U19B2016)Zhejiang Provincial Key Lab of Data Storage and Transmission Technology,Hangzhou Dianzi University。
文摘To improve the recognition ability of communication jamming signals,Siamese Neural Network-based Open World Recognition(SNNOWR)is proposed.The algorithm can recognize known jamming classes,detect new(unknown)jamming classes,and unsupervised cluseter new classes.The network of SNN-OWR is trained supervised with paired input data consisting of two samples from a known dataset.On the one hand,the network is required to have the ability to distinguish whether two samples are from the same class.On the other hand,the latent distribution of known class is forced to approach their own unique Gaussian distribution,which is prepared for the subsequent open set testing.During the test,the unknown class detection process based on Gaussian probability density function threshold is designed,and an unsupervised clustering algorithm of the unknown jamming is realized by using the prior knowledge of known classes.The simulation results show that when the jamming-to-noise ratio is more than 0d B,the accuracy of SNN-OWR algorithm for known jamming classes recognition,unknown jamming detection and unsupervised clustering of unknown jamming is about 95%.This indicates that the SNN-OWR algorithm can make the effect of the recognition of unknown jamming be almost the same as that of known jamming.
文摘The extant literature has produced mixed evidence on the relationship between finan-cial development and ecological sustainability.This work addresses this conundrum by investigating financial development’s direct and indirect consequences on ecologi-cal quality utilizing the environmental Kuznets curve(EKC)methodological approach.Our empirical analysis is based on the novel dynamic autoregressive distributed lag simulations approach for South Africa between 1960 and 2020.The results,which used five distinct financial development measures,demonstrate that financial develop-ment boosts ecological integrity and environmental sustainability over the long and short terms.In the instance of South Africa,we additionally confirm the validity of the EKC theory.More importantly,the outcomes of the indirect channels demonstrate that financial development increases energy usage’s role in causing pollution while attenuating the detrimental impacts of economic growth,trade openness,and foreign direct investment on ecological quality.Moreover,the presence of an inadequate financial system is a requirement for the basis of the pollution haven hypothesis(PHH),which we examine using trade openness and foreign direct investment variables.PHH for both of these variables disappears when financial development crosses specified thresholds.Finally,industrial value addition destroys ecological quality while tech-nological innovation enhances it.This research provides some crucial policy recom-mendations and fresh perspectives for South Africa as it develops national initiatives to support ecological sustainability and reach its net zero emissions goal.
文摘Due to the superimposed impacts of new industrial revolution,the changing trade policy and the COVID-19 pandemic,the world has seen setbacks in globalization,contractions in the global value chain(GVC),and the risk of a fragmented global system.The once-in-a-century changes in our world today highlight the need for China to explore a new development paradigm based on new concepts.In the new era,China must not only come to terms with a backlash against globalization and challenges from the reshaping of international rules,but also breathe life into the“dual circulations,”i.e.domestic and international economic circulations.China must open up wider to the outside world to keep abreast with changes in today’s global governance system.In the complex and volatile international environment,we should explore new areas of development spearheaded by institutional opening up,create new gateways and platforms for opening up and cooperation for mutual benefit,contribute to new global governance and security systems,and promote synergy between domestic and international circulations.In building a great modern socialist country,China must open up wider and be more inclusive to the outside world.
基金Supported by the Fundamental Research Funds for the Central Universities "Study on the Realistic Dilemma and Path for Integration of Three Industries in Poverty-Stricken Areas"(SWU1809344)
文摘With the transformation of China's economy,the new generation of migrant workers quickly entered the labor market and gradually became the main body of supply in the labor market. Based on the relevant theory of human capital investment and the survey of the current situation of entrepreneurial ability of the new generation of migrant workers,through building the human capital investment linear regression model,this paper analyzed the different variables for human capital investment of the new generation of migrant workers from the quantitative perspective. It found that the educational level is the largest factor influencing their entrepreneurial ability. Finally,it came up with pertinent recommendations for improving the entrepreneurial ability of the new generation of migrant workers.
文摘Liu Haisu Art Museum has become one of the few public art galleries in Shanghai to open at night. This small change has led to heated debate inside and outside the industry: can the opening of art galleries at night become the norm?
基金a research result of National Social Sciences Fund(14BJY067)
文摘Over the past forty years of reform and opening-up,China's industry has sustained rapid and sound development and generated impressive achievements.Industrialization has entered the second half of its final stage.This experience of successful industrialization with Chinese characteristics constitutes an important component Chinese wisdom and Chinese approaches,and serves as a reference for other developing countries and countries in transition.The Chinese experience in industrial development during this period includes: progressively promoting industrial and economic system reform adapted to local circumstances; seizing the right moment to firmly integrate into the global system of labor division; pursuing the new path of industrialization featuring coordinated development of the "Five Pillars" in keeping up with the times; and developing an industrialization model with Chinese characteristics with concerted efforts of effective market and enabling government.