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ISSN:
2424-8401 (Print)

Journal Abbreviation:
Finan Mar

Journal no:
1P

Introduction

Finance and Market is expected to provide an international platform for academic researchers and practitioners and policy makers from different background, who engage in the theoretical and empirical research of financial markets and derivatives. It is a high quality, peer-reviewed journal dedicates to serve as the primary source highlighting on original research that cover conceptual and applied issue that relating with trading strategy for investment, organizational theory, optimal order placement strategies, and analyses of short and long run horizon price behaviour.

  • Econometrics
  • Statistics-Economic Theory
  • Finance & Banking
  • International Economics
  • Macroeconomics
  • Securities Trading & Pricing
  • Marketing Analytics
  • Risk Factor
  • Financial Crisis
  • Payment System
  • Loans
  • Behavioral Finance
  • Emotional Finance
  • Global Banking System
  • Public Finance
Universe Scientific Publishing Welcomes Cooperation

  Vol 9, No 6 (2024)

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Full Issue

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Table of Contents

Original Research Article

by Min Deng
7 Views, 0 PDF Downloads
This paper discusses the importance, problems and optimisation countermeasures of green building projects in the context of digital transformation. Firstly, it analyses the impact of digital transformation on the construction industry and explains the value of the green building concept in terms of environmental friendliness, economic benefits and social recognition and policy support. Secondly, it points out the problems faced during the integration of digital transformation and green building. Finally, it proposes optimisation countermeasures such as strengthening technology integration and standardisation, implementing refined cost control strategies, and constructing a comprehensive risk management system, aiming to provide theoretical references and practical guidance for the digital transformation of green building projects.
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Original Research Article

by Jianing Yu
10 Views, 0 PDF Downloads
The 20th National Congress of the CPC clearly promoted the great rejuvenation of the Chinese nation in an all-round way with Chinese path to modernization, and pointed out the direction for development. As an important part of national governance, China’s national audit has important responsibilities and missions in strengthening the country and rejuvenation. This article summarizes existing literature, analyzes the characteristics of China’s national audit, elaborates on the relationship between national governance and audit, and analyzes the role of audit in the new era from three perspectives: path mechanism, scope of action, and functional manifestation. Finally, the direction and requirements for the future development of auditing were proposed, including strengthening the unified leadership of the Central Audit Committee of the CPC, ensuring party building through auditing, and building an intelligent national auditing platform. I hope future research can be inspired.
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Original Research Article

by Haoyuan Liu, Zhihan Wang
5 Views, 0 PDF Downloads
This paper explores the multifaceted impact of climate change on agricultural productivity and rural socioeconomic structures, emphasizing innovative strategies that align with 2024’s demands. Drawing from global case studies and interdisciplinary approaches, it focuses on regenerative agriculture, decentralized policy frameworks, and community-driven economic adaptations. These strategies present a unique path forward for protecting food security, enhancing rural livelihoods, and fostering resilience in agricultural systems against the backdrop of climate change. This paper highlights the potential for local innovations to scale globally, driving both ecological and social transformation in rural areas.
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Original Research Article

by Yifan Xu
6 Views, 0 PDF Downloads
This study explores the impact of digital transformation on audit objects and efficiency. The digital shift brings changes to enterprises, requiring more from audit work. In the digital environment, audit objects change with increased data liquidity, electronic evidence, and complex information systems. Digital tools optimize the audit process, reduce workload and speed, and enhance efficiency with real-time data, but faces bottlenecks like data overload and system complexity. Auditors must tackle these to improve efficiency
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Original Research Article

by Wanzhe Chen
6 Views, 0 PDF Downloads
In the rapid development of economic globalization, international trade has become the most basic carrier of economic exchanges between countries in the world. As a traditional trading country, the Chinese nation has generated valuable cultural thoughts in trade since ancient times, which is not only a good medicine to cure the paradox of modernity, but also the cultural soft power in international economic exchanges. The trade wisdom contained in the excellent traditional Chinese economic culture is the concentrated embodiment of the essence of the excellent traditional Chinese culture in the secular life. In ancient trade, China has always carried out the “distinction between justice and interests” and “harmony and symbiosis” throughout the whole process of economic behavior, endowed economic behavior with moral regulations, realized the unity of secular life and ethical values in the field of human care, and established an excellent ancient economic civilization.
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Original Research Article

by Yifan Sheng
6 Views, 0 PDF Downloads
In the context of China’s economic transformation and industrial upgrading, the development status of county economies has an important impact on the country’s overall economy. Real estate investment, as an important factor in promoting county economic growth, has attracted much attention in recent years. However, over-reliance on real estate investment may bring risks such as resource mismatch and economic bubbles. This paper explores the causal relationship between real estate investment and county economic growth by using the economic data of Jiujiang counties and districts from 2018 to 2022, using the Granger causality test model. It is found that real estate investment has a significant positive causality on GDP at lag 1, indicating that it has an important role in promoting economic growth in the short term.
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Original Research Article

by Xiaotong Sun
10 Views, 0 PDF Downloads
There is a large number of research proving that women make better traders than men. This result may attribute to three factors: overconfidence, risk preference and contrarian strategy. This paper examines the difference in trading between men and women by using behavioral finance knowledge and to prove that women make better traders than men. In addition, it will give some reasons why the low proportion of women working as traders.
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Original Research Article

by Daotao Nong, Zichen Wang, Yizhou Wang, Ziheng Zhang, Biao Fu
5 Views, 0 PDF Downloads
Based on the marketing 3.0 perspective, this paper takes Chinese sports brand Li Ning as an example to study the application and optimization of social communication in sports brands. Through the analysis of social communication, the communication status quo and existing problems of Li Ning brand are analyzed, and corresponding optimization measures are proposed. The study points out that Li-Ning has certain performance in social currency and inducement, but there are still problems such as imprecise target audience identification and lack of effective planning of communication content. In response to these problems, this paper proposes strategies to enhance the communication efficiency and market competitiveness of the Li-Ning brand by increasing user participation, setting up sharing rewards, and strengthening public welfare marketing.
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Original Research Article

by Xinyi Cheng, Liang Ma, Yuecen Xu
7 Views, 0 PDF Downloads
This study applies deep learning models to predict stock prices of CSI 300 constituents. Using NeuralForecast library, including LSTM and NHITS, we predict the prices of 182 CSI 300 stocks over the next 48 trading days, based on data from 2019 to 2023. Data processing involves logarithms, first-order differencing, and moving averages. NHITS outperforms LSTM, especially with moving averages and logarithmic price features. The results suggest NHITS provides more accurate and robust predictions, highlighting the potential of deep learning in stock forecasting.
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Original Research Article

by ZiRui Zeng
6 Views, 0 PDF Downloads
This article explores the optimization of economic response strategies for enterprises during periods of market capital turbulence. Against the backdrop of market turbulence, enterprises face multiple challenges such as information asymmetry, tight liquidity, imperfect risk management systems, and lagging strategic adjustments. To effectively address these challenges, optimization measures such as strengthening information acquisition and processing capabilities, optimizing liquidity management, improving risk management systems, and flexibly adjusting corporate strategies are proposed. By implementing these measures, enterprises can enhance their market adaptability and competitiveness, providing strong guarantees for their stable development.
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Original Research Article

by Qiang Zhou
5 Views, 0 PDF Downloads
Preventing and resolving debt default risks is of great significance to the sustainable development of enterprises. This paper selects non-financial A-share listed companies in China from 2007 to 2022 as the research object and empirically investigates the impact of local chairs on corporate debt default risks. The study finds that compared with companies without local chairs, companies with local chairs face lower debt default risks. From the perspective of identity research, this paper supplements and expands the relevant literature on identity economics and provides certain insights for the supervision of corporate debt defaults.
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Original Research Article

by Zhuyu Wang
7 Views, 0 PDF Downloads
As China’s free trade port, Hainan holds vast prospects for digital economy development. However, certain characteristics and challenges exist in its industrial structure, policy support, and infrastructure development. This paper first analyzes the features of Hainan’s digital economy, including its unique industrial structure, policy advantages, and the current state of digital infrastructure. Then, it points out the problems such as the imbalance in industrial structure, talent shortages, insufficient innovation capacity, and uneven development of digital infrastructure. The article proposes optimization strategies through promoting industrial digital transformation and upgrading, increasing efforts in talent recruitment and training, and improving the digital infrastructure and service systems. Through this analysis and the proposed countermeasures, this paper aims to provide theoretical support and practical suggestions for the sustainable development of Hainan’s digital economy.
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Original Research Article

by Kehan Zhou
6 Views, 0 PDF Downloads
This study examines the impact mechanisms of celebrity endorsement advertisements on consumers’ purchase intentions. It explores the definition and forms of celebrity endorsements, the main factors influencing consumers’ purchase intentions, and the potential psychological effects of celebrity endorsement ads on consumers. Based on this, the study analyzes the connection between the celebrity’s image and the brand’s image, the persuasive power of celebrity endorsement ads, and the role of consumer trust. It also discusses the interaction effects of celebrity endorsement ads through social media. Additionally, the study highlights the differentiated impacts of celebrity endorsements on various consumer groups, focusing on the differences in consumers’ age and cultural backgrounds, the alignment between personal values and the celebrity endorser, and the matching of different product types with celebrity endorsements. The findings indicate that celebrity endorsement ads significantly influence consumers’ purchasing decisions, but the effects vary based on consumer characteristics and product types.
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Original Research Article

by Congzhe Zhang
28 Views, 0 PDF Downloads
In the process of globalization, financial intelligence has progressively emerged as a critical supporting force for international monetary and financial law. Financial intelligence plays a pivotal role not only in areas such as financial risk early warning, monitoring of international capital flows, and prevention of financial crimes, but it also serves as an indispensable component in the formulation and implementation of international financial regulations. However, the acquisition, sharing, and legal application of global financial intelligence encounter numerous obstacles, including restricted information transmission, inadequate regulatory coordination, and lagging legal frameworks. This study analyzes the influence of financial intelligence on international monetary and financial law within the backdrop of globalization, explores the existing challenges in the application of financial intelligence, and proposes optimization strategies. The aim is to provide valuable references for the enhancement and refinement of the international monetary and financial legal system.
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Original Research Article

by Shuqi Wei, Chenghui Lv
8 Views, 0 PDF Downloads
The article discusses the contemporary challenges and strategies involved in international business operations, emphasizing the importance of balancing global perspectives with local execution, often encapsulated by the principle of “thinking globally, acting locally”Cultural intelligence and the ability to manage diverse teams become pivotal for multinational corporations (MNCs) to build and maintain successful customer relationships in a globalized economy. The study contrasts traditional “glocal” businesses, those with a strong national identity operating internationally, with newer e-commerce players that often transcend national boundaries by using Unilever as example.
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Original Research Article

by Jiarun Feng
5 Views, 0 PDF Downloads
The report of the 20th CPC National Congress pointed out that “high-quality development is the primary task of building a modern socialist country in all aspects” and “accelerate the development of the digital economy, and promote the deep integration of the digital economy and the real economy”. The “integration of digital and real economy” provides new momentum, new space and new certainty for China’s economy. Promoting the digital transformation of enterprises and empowering the high-quality development of enterprises with digitalization is an important initiative to implement the spirit of the 20th CPC National Congress. In this paper, through researching the Yingkou PuNai Magnesium Material Ltd., analysis of digital transformation for the high-quality development of enterprises to play what role, and what impact, for small and medium-sized manufacturing enterprises efficient development of digital transformation.
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Original Research Article

by Ang YuLi
6 Views, 0 PDF Downloads
This article explores in depth the application and expansion of the Xiong Bit innovation theory in the contemporary economic environment. The article first outlines the core viewpoints, innovative subjects and mechanisms, and limitations of the Xiong Bit innovation theory. Subsequently, the changes in the contemporary economic environment were analyzed, including the innovation environment in the context of globalization, the impact of the information technology revolution, changes in market demand and consumer behavior, and challenges posed by institutional and policy environments. Subsequently, the application and expansion of Xiong Bit’s innovation theory in contemporary diversification and integration, diversification and networking of innovation subjects, dynamism and complexity of innovation processes, and the interactive relationship between innovation and economic development were elaborated in detail. The article also analyzes the impact of economic environment or market changes on innovation, including market demand, competitive landscape, policy environment, and the role of technological changes in innovation. Finally, the important role of innovation in economic development was summarized, including promoting economic growth, optimizing industrial structure, and enhancing social welfare.
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Editorial Policy

In order to make sure that the contributions submitted are in relevance to the style and principle of the journal, authors are obliged to read the “Author Guidelines” before submission.

All contributions submitted to Finance and Market are contingent on a rigorous peer review. Aspects such as admissible English language, originality, novelty related to this journal are considered anterior to the peer review process.

All contributions submitted to Finance and Market will not be made available to anyone except our individuals who take part in the publishing process of this manuscript.

It is kindly for you to know that works that has been published or in consideration for publication in other journals are nor accepted, if the data of your manuscript are presented in other platforms, please notify us. A submission checklist is needed to fill up to ensure the fulfillment of these criteria.

 

Authorship

List any person who has made a significant contribution to a journal article. They also share responsibility and accountability for the results of the published research, and for others who have participated in certain aspects to be listed or acknowledged as contributors in their study. They will handle all correspondence about the article and sign the publishing agreement on behalf of all the authors. They are responsible for ensuring that all the authors’ contact details are correct, and agree on the order that their names will appear in the article. The authors also will need to make sure that affiliations are correct, as explained in more detail below.

Changes of authorship

Authors should carefully check the list of authors and the order of authors before submitting a manuscript.

Any changes in the names of authors in the list of authors, such as additions, deletions, etc., can only be made before the manuscript is accepted for publication. The corresponding author should provide the editorial office with a written confirmation certificate of consent to the change, which should include the reasons for the change of the list of authors and all authors (including existing authors and authors to be added or deleted).

No changes in authorship are allowed without the approval of the editorial board.

 

Publication Frequency

The publication frequency of Finance and Market is bi-annual.

 

Conflict of Interest

According to the International Committee of Medical Journal Editors (ICMJE), “Authors should avoid entering into agreements with study sponsors, both for-profit and non-profit, that interfere with authors’ access to all of the study’s data or that interfere with their ability to analyze and interpret the data and to prepare and publish manuscripts independently when and where they choose.”

For authors, upon submission, authors must list all conflicts of interest related to the work, such as sources of funding, sponsor’s role in work design, data collection, and analysis of results, and whether the authors serve on the journal’s editorial board. 

For editors and reviewers, editors and reviewers must declare any possible conflicts of interest related to the manuscript, and when editorial board members publish in journals they serve, editorial boards must avoid the peer review process, allowing authors knowing that they sidestep the potential peer review process.

Editors and reviewers need to be replaced when the editor or reviewer who works in the same organization as one of the authors, is one of the authors of the work, is recused by the author, has a financial relationship with the author.

 

Erratum & Withdrawal Policy

Erratum

Errata are important errors made by the journal that affects the publication record or the scientific integrity of the paper, or the reputation of the authors or of the journal. If the authors detect any errors in the published articles, please contact the journal editors. An investigation of the errors in the papers will be made under the approvement and guidance of the editors.

Withdrawal Policy

Withdrawal of articles, especially one that has been processed for peer-review or is under peer-review, is strongly discouraged and only used when there are academic misconducts and ethical violations in research and publication. In this case, a panel will organize an investigation in which the authors are required to cooperate. If the allegations are proven to be true, the paper or articles will be marked for withdrawal.

If authors themselves decide to withdrawal their papers (before the publication), they must write to the editors of the publisher at reviewer@usp-pl.com, stating the reason(s) for withdrawal sound and clear. Once the withdrawal is approved, the submission will be removed from the journal’s online submission system, and a notification email will be sent to all authors.

USD 200 is charged for the withdrawal of papers, and it should be noted that the paid Article Processing Charge will not be refunded if your papers are withdrawn for academic misconducts and ethical violation.

 

Plagiarism Detection

Plagiarized articles are not allowed in any publication by Finance and Market. Before submitting the manuscript, the authors should ensure that they have written original works. As a part of our commitment to protect the integrity of scholarly publications, we take the necessary steps in all aspects of publishing ethics. Submissions are checked for plagiarism via CrossCheck (powered by iThenticate). Overlapping and similar texts in the manuscripts submitted will be investigated promptly and may be considered as plagiarism. Papers detected with possible commitment of plagiarism will be rejected for submission.

 

Language

The language used in papers submitted to Finance and Market should be English—either British English or American English. It is very convenient to be understood by scholars all over the world. Universe Scientific Publishing will provide professional language editing service for the authors whose first language is not English.

 

Code of Publishing Ethics

Universe Scientific Publishing follows the COPE Code of Conduct and Best Practice Guidelines for Journal Editors and the Code of Conduct for Journal Publishers.

Universe Scientific Publishing makes all reasonable efforts to investigate publication misconduct, including fabrication, falsification and plagiarism. If misconduct is suspected journal editors will act in accordance with the Principles of Transparency and Best Practice in Scholarly Publishing as stipulated by Committee on Publication Ethics (COPE).

All submissions to Universe Scientific Publishing journals are subject to rigorous review. The Editors, authors or readers can forward their concerns to the journal if they find out that the description in a submitted article may constitute an academic fraud, research misconduct or publication malpractice. The concerns or complaints on the possible allegations submitted to the journal will be dealt with promptly and appropriately according to the procedure set out in the COPE flowchart on complaints. The complainant may direct all inquiries and correspondence to the Publisher at reviewer@usp-pl.com.

 

Copyright and License

All articles published by Universe Scientific Publishing are Open Access under the Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0) (http://creativecommons.org/licenses/by/4.0). Under this license, authors retain ownership of the copyright for their content, and authors grant Universe Scientific Publishing a license to publish, copy, distribute, and convey the article.

 

Units of Measurement

Units of measurement should be presented simply and concisely using System International (SI) units.

 

Advertising Policy

Finance and Market will consider advertising opportunities, as a means to provide value to our readers. Advertisements must comply with local policies without inducement or deception. All advertisements are subject to approval to the Publisher. For more inquiries, please send email to reviewer@usp-pl.com.

 

Preprint Policy

A preprint is a complete draft research paper made available in open access on a preprint web server before being certified by peer review and published by a journal. Publication of manuscripts in a peer-reviewed journal often takes weeks or months from the time of initial submission. Preprints allow authors to receive early feedback from their peers, which may help revise and prepare articles for submission. However, the revised manuscripts after or during peer-reviewed are not recommended to be post on the prepress server. The manuscript whose corresponding preprint version has been indexed (e.g. in MEDLINE or PubMed) will not be considered.

 

Article Process Charges (APCs)

Gold Open Access format is used for all journal publication. Article Processing Charges (APCs) are charged to authors publishing open access. And fees will come from the authors’ institution or other research funding agencies. All articles published in our journals are open access and freely available online. The journal does not require readers to purchase a subscription of any kind to view the online version of the journal. Our belief is to create a better academic environment with our authors and readers.

Waiver Policy

Journals offer APC waiver policy based to reduce the financial burden on authors or institutions from low-income countries. For information about our waiver policy for authors in financial need, please contact reviewer@usp-pl.com. By the way, the Publisher reserves the right to approve or reject a waiver application.

 

Disclaimer

Before submitting a manuscript, the authors should understand the publishing policies and strictly abide by the relevant laws, regulations and ethics. Authors are responsible for all contents in their article (s) including the accuracy of the content, statements, citing data, and so on. Facts and opinions in articles published on Universe Scientific Publishing are the personal statements of respective authors.

The journal and the publisher disclaim any liability of any errors or consequences arising from the use of the information contained in the journal. The journal and the publisher disclaim all responsibility for any injury to the person or property of any person caused by any idea or product mentioned in the article or in the advertisements to which it refers. In addition, once the reviewers are invited, it means that reviewers must maintain an objective attitude and be responsible for the fair review of the article. You must be aware of the review policy and proactively disclose any potential conflicts of interest. As an editor, you must avoid the manuscripts that you are involved in/as one of the authors, and take the initiative to leak potential interest disputes.

 

Indexing & Archiving

All articles published in this journal have been included by some world-class database: Google Scholar, National Library of Singapore.

Three article storage methods are encouraged:

1. Authors are encouraged to save self- final versions of their published articles in institutional repositories (such as those listed in the Directory of Open Access Repositories) through self-archiving.

2. Portico will archive all articles published in the journal for long-term digital preservation.

3. The final PDF version published can be acquired on the website by authors.

Focus and Scope

Finance and Market is expected to provide an international platform for academic researchers and practitioners and policy makers from different background, who engage in the theoretical and empirical research of financial markets and derivatives. It is a high quality, peer-reviewed journal dedicates to serve as the primary source highlighting on original research that cover conceptual and applied issue that relating with trading strategy for investment, organizational theory, optimal order placement strategies, and analyses of short and long run horizon price behaviour.

  • Econometrics
  • Statistics-Economic Theory
  • Finance & Banking
  • International Economics
  • Macroeconomics
  • Securities Trading & Pricing
  • Marketing Analytics
  • Risk Factor
  • Financial Crisis
  • Payment System
  • Loans
  • Behavioral finance
  • Emotional finance
  • Global Banking System


 

Peer Review Process

All manuscripts submitted to Journal of Finance and Market are undergone a stringent peer review process which aims to uphold the high quality of papers published in xxxx and ensure the truthful and accurate reporting of the research work.

Evaluation

The in-house editor takes initiative to assess the suitability of the original submission of the author on the basis of the editorial policy and relevant guidelines.

The Editor-in-Chief (EIC) decides the fitness of the article and whether the topic is within the field of FM.

The associate editors assign the accepted contributions in accordance to their area of expertise and select relevant reviewers from the editorial membership.

Reviewers are required to assess the full paper from the perspective of originality, methodology, demonstration of the results and presentation of the conclusion, contribution to the literature and research, as well as the suitable referencing of pertinent studies.

Post evaluation

After the post-evaluation made by the reviewers, the manuscripts are sent to the associate editors who makes one of the standard suggestions (Accept; Accept with minor revision; or Reject), and then passed to the EIC for final determination.

If EIC recommends minor revisions, a maximum of 7 days is given for the authors to resubmit the revised article.

If EIC recommends major revisions, a maximum of 14 days is given for the authors to resubmit the revised article.

The above steps are repeated before the paper is accepted for publication after post-evaluation.

Appeal

Authors with rejected submission are suggested to make an appeal in writing to reviewer@usp-pl.com in which specific reasons for the appeal and detailed response to the reviewers’ suggestions are included.

 

Open Access Policy

Open Access (OA) makes scholarly research permanently accessible online without restrictions, which can benefit all stakeholders in the scholarly publishing process, including researchers, funders, students, librarians, scholarly societies, publishers, and the public.

Dissemination

The freely available online work can be accessed and shared by anyone in the world. Researchers can even access OA literature outside university without encountering paywalls. Authors can benefit from the public availability of their research to others, which may increase the visibility and usage of their work. Many funding agencies encourage OA since the potential for increased visibility and discoverability promises a greater return on investment.

Cooperative Partners

New connections may be made and new partners may become possible, if researchers other than those you normally work with share access to your research. Thus, paving the way for spin-offs and new research opportunities.

Public Access and Engagement

OA means more opportunities for the community at large and potentially more public participation in research which can help research-dependent professionals outside of academia including health workers, faculty, and lawyers benefit from access to the latest discoveries.

Social Benefits

By publishing open access, a virtuous cycle of scholarly resources can foster social knowledge sharing and innovative creativity.

 

 Announcements

Journal's announcement:

To further expand the readership and accelerate the development of this journal, the publisher’s committees decided to jointly organize a Chinese version

Posted: 2018-12-29 More...

News: Putin says Russia must diversify currencies it uses in international trade

VLADIVOSTOK, Russia (Reuters) - Russian President Vladimir Putin said on Wednesday that Moscow needed to diversify the foreign currencies it used in international trade and not solely rely on the U.S. dollar for such transactions.

 
 
Russian President Vladimir Putin speaks during a session of the Eastern Economic Forum in Vladivostok, Russia September 12, 2018. Sergei Bobylyov/TASS Host Photo Agency/Pool via REUTERS

The Russian central bank has been increasing the share of gold and Chinese yuan in its coffers amid risks of more U.S. sanctions that could target Russia’s ability to trade globally.

Posted: 2018-09-12

News: Sterling down on report of potential leadership challenge to May

LONDON (Reuters) - Sterling fell on Wednesday after reports of a potential leadership challenge to Prime Minister Theresa May and as realism set in about how far there remains to go before Britain can agree a Brexit trade deal.

 
 
UK pound coins plunge into water in this illustration picture, October 26, 2017. Picture taken October 26, 2017. REUTERS/Dado Ruvic/Illustration

The pound fell a quarter of a percent to as low as $1.2994 against the dollar after the BBC reported a group of about 50 lawmakers in May’s government had met to discuss how and when they could force her out of her job.

These lawmakers have condemned May’s plans for Britain to remain in a free trade zone for goods with the EU after it leaves the bloc in March, 2019.

 

The pound later recovered to trade flat at $1.3028, while against the euro the British currency was largely unmoved, at 89.010 pence per euro.

Posted: 2018-09-12