Impacts of agri-food e-commerce on traditional wholesale industry:Evidence from China

Rapidly expanding studies investigate the effects of e-commerce on company operations in the retail market.However,the interaction between agri-food e-commerce(AEC)and the traditional agri-food wholesale industry(AWI)has not received enough attention in the existing literature.Based on the provincial panel data from 2013 to 2020 in China,this paper examines the effect of AEC on AWI,comprising three dimensions:digitalization(DIGITAL),agrifood e-commerce infrastructure and supporting services(AECI),and agri-food e-commerce economy(AECE).First,AWI and AEC are measured using an entropy-based combination of indicators.The results indicate that for China as a whole,AWI has remained practically unchanged,whereas AEC exhibits a significant rising trend.Second,the findings of the fixed-effect regression reveal that DIGITAL and AECE tend to raise AWI,whereas AECI negatively affects AWI.Third,threshold regression results indicate that AECI tends to diminish AWI with three-stage inhibitory intensity,which manifests as a first increase and then a drop in the inhibition degree.These results suggest that with the introduction of e-commerce for agricultural product circulation,digital development will have catfish effects that tend to stimulate the vitality of the conventional wholesale industry and promote technical progress.Furthermore,the traditional wholesale industry benefits financially from e-commerce even while it diverts part of the traditional wholesale circulation for agricultural products.

Distribution patterns and industry planning of commonly used traditional Chinese medicinal plants in China

Medicinal plants are the primary material basis for disease prevention and treatment in traditional Chinese medicine(TCM).The conservation and sustainable utilization of these medicinal plants is critical for the development of the TCM industry.However,wild medicinal plant resources have sharply declined in recent decades.To ameliorate the shortage of medicinal plant resources,it is essential to explore the development potential of the TCM industry in different geographical regions.For this purpose,we examined the spatial distribution of commonly used medicinal plants in China,the number of Chinese medicinal material markets,and the number of TCM decoction piece enterprises.Specifically,multispecies superimposition analysis and Thiessen polygons were used to reveal the optimal range for planting bulk medicinal plants and the ideal regions for building Chinese medicinal material markets,respectively.Furthermore,we quantitatively analyzed mismatches between the spatial distribution of commonly used medicinal plant richness,Chinese medicinal material markets,and TCM decoction piece enterprises.We found that the areas suitable for growing commonly used medicinal plants in China were mainly distributed in Hengduan Mountain,Nanling Mountain,Wuling Mountain,and Daba Mountain areas.The Thiessen polygon network based on Chinese medicinal material market localities showed there are currently fewer markets in southwestern,northwestern,and northeastern China than in central and southern China.TCM decoction piece enterprises are concentrated in a few provinces,such as Hebei and Jiangxi.We found that the distribution of commonly used medicinal plants,Chinese medicinal material markets and TCM decoction piece enterprises are mismatched in Henan,Shaanxi,Hunan,Hubei,Zhejiang,Fujian,Chongqing,and Xizang.We recommend strengthening development of the TCM industry in Henan,Hunan,Zhejiang,Shaanxi,Hubei,Chongqing,Fujian,and Xizang;building more Chinese medicinal material markets in southwestern,northwestern,and northeastern China;and establishing medicinal plant nurseries in resource-rich provinces to better protect and domesticate local medicinal plants.

Discussion on Consumer Credit Business of Traditional Commercial Banks under Internet Finance

With the advent and development of the information age,the Internet has become the current advancement in all walks of life.The popularization of e-commerce also gives birth to Internet finance.The emergence of consumer credit businesses such as“Yu‘ebao”and“Huabei”has put great pressure on the consumer credit business of traditional commercial Banks.Under the background of Internet finance,in order to promote the development of commercial Banks’consumer credit business,it is necessary to strengthen the innovation of commercial Banks’consumer credit business and meet the development demand of the current information age.

应对WTO:加快江苏传统工业经济发展的对策分析

China entering WTO can be expected. Jiangsu Province is the big economic province and the third foreign trade coast in China. It has clearly meaning that how Jiangsu Province face WTO not only to economic development of Jiangsu Province but also of China. The article analyses the advantage and disadvantage of Jiangsu Province traditional industry economy, points out six contradiction about how Jiangsu Province face WTO, researches the countermeasure and advances the author’s opinion.

Research on digital transformation of China's traditional manufacturing industry enabled by digital economy based on system dynamics

The digital transformation of traditional manufacturing industry is an inevitable trend and inherent development requirement of China’s digital economy.This paper systematically researches the digital transformation mechanism of traditional manufacturing industry enabled by digital economy from the social,technical,innovative environmental and organizational sub-systems based on the system dynamics(SD)and the social shaping of technology theory(SST).The simulated experiments predicate the different digital transformation paths of the labor-intensive,capital-intensive and technology-intensive traditional manufacturing enterprises under the guidance of Industry 4.0 or"Industry of the future"policy by constructing the system dynamics model of causality,stock flow process,which has vital significance for China’s manufacturing industry to transform from a giant towards a manufacturing power.