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Table of Contents

Original Research Article

by Yan Liu, Jianghao Li, Guannan Lei
81 Views, 0 PDF Downloads

In September 2014, Chinese Premier Li Keqiang proposed "Mass Entrepreneurship and Mass Innovation" at the Summer Davos Forum. The rapid development of small and micro enterprises (hereinafter referred to as SMEs) has become a new engine driving China's economic growth. However, when the total amount of social funds is limited, large-scale financing platforms will have a strong "crowding-out" on SMEs, and financing difficulties have become a key problem hindering innovation and entrepreneurship of SMEs. By analyzing the current situation of inclusive finance in China, this paper draws on the experience of the USA and Bangladesh in helping SMEs to finance and start their own businesses through inclusive finance, so as to provide feasible suggestions for the innovation of SMEs in China.

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Original Research Article

by Shu Dai
32 Views, 0 PDF Downloads

The constant market share model analysis of 71 and 80 silk products in China and India in the US market is conducted, Inspect the competitiveness of silk products of the two countries.

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Original Research Article

by Xiong Jiang, Liguang Wei
39 Views, 0 PDF Downloads

With the progress of the times, people's spiritual life has gradually improved, and the way of travel has also changed a lot. From the original train, the group car, and then to the plane, people now love self-driving travel. Now more and more people choose self-driving travel, because self-driving travel can not only bring people a sense of safety, but also is fast and convenient, so private cars have gradually become the mainstream means of transportation. However, some related issues have gradually attracted the attention of the public. This article takes the Benxi Tourism Scenic Area as the research object, and focuses on the relationship between the decision-making of tourists and the revenue of the scenic area. The operation of the scenic area has driven some surrounding industries. In this industry The problem we can see is the decision-making problem of how to receive tourists in the scenic spot. Of course, what the tourism industry cares most is what the revenue of the scenic spot is related to, and how to help the scenic spot make the right decision. This article uses SPSS, MATLAB software for modeling, neural network, genetic algorithm, cluster analysis and other algorithms for analysis and simulation. Then discuss its rationality based on examples, and finally give a perfect decision-making plan for the scenic area manager.

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Original Research Article

by Xiaoxiao Liu
30 Views, 0 PDF Downloads

As two emerging economies with similar development stages, China and India have broad prospects for cooperation. However, with the deepening of trade cooperation between the two countries, India has initiated more and more trade relief measures against China. Trade friction between the two countries has increased, which has caused great losses to China's export trade. Based on the repeated game model theory, this research founds that the trade friction between China and India is not conducive to the long-term interests of both sides, and the best choice for both sides is to adopt cooperative strategies.

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Original Research Article

by Stephen Xiao
35 Views, 0 PDF Downloads

Amazon for a long time has been at the top of the e-commerce industry. The company has gone through many changes recently; for example, the switching of its CEO from Jeff Bezos to Andrew R. Jassy and also the Corona Virus Pandemic. Amazon was one of a few companies to have benefited from the Corona Virus Pandemic as it is mainly an online industry. Amazon stock rose during the pandemic due to consumers shopping mostly online rather than in stores. The e-commerce industry, of which Amazon is a part, is expected to grow by almost $11 trillion between 2021 to 2025. Even as physical stores begin to open, e-commerce growth is still rising due to efficiency and easy access.

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Original Research Article

by Lu Xu
41 Views, 0 PDF Downloads

The digital upgrading of traditional manufacturing industry is an important embodiment of the rapid development of digital economy.  This paper is based on Zibo city, the reality of manufacturing development, deeply grasp the significance of Zibo city using digital economy to promote the transformation and upgrading of traditional manufacturing, on this basis, the digital transformation of Zibo city manufacturing current situation is elaborated, further clarify the problems and difficulties in the process of digital transformation, finally, explore the digital economy specific path to promote manufacturing transformation and upgrading of Zibo city.

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Original Research Article

by Lingbin Cao
40 Views, 0 PDF Downloads

In the context of the internationalization of fair value standards, the Ministry of Finance of China issued the Accounting Standards for Business Enterprises CAS39 in 2014, which clearly requires enterprises to measure and disclose assets or liabilities measured at fair value at three levels, and stipulates the scope of application, order of use and disclosure principles to enterprises. Among the numerous accounting information disclosed by the enterprises in capital market, investors prefer to take assets or liabilities measured at fair value into consideration. However, due to differences such as information sources, application conditions, valuation techniques and disclosure scope at different levels of fair value,  investors inevitably face different levels of information risk when processing three levels of asset or liability information measured at fair value. By reviewing the relevant papers, concluding the research contents and methods, this paper intends to summarize the development and connotation of the three levels of fair value and the impact path on accounting information risk: first, with information providers have the discretion to improve level by level, the space for earnings manipulation has gradually become larger; Second, the incompleteness of hierarchical disclosure increases the information processing cost of statement users and the difficulty of analyzing the company's situation. This paper aims to help information users identify and evaluate the information risks of fair value measurement so as to make appropriate investment decisions.

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Original Research Article

by Peiyun Chai
39 Views, 0 PDF Downloads

In the context of the rapid development of information technology, many domestic traditional enterprises have embarked on the road of transformation, upgrading and development to enhance their comprehensive competitiveness on the basis of excellent local culture. There are many world-renowned brands and companies in Britain, and on the basis of its cultural background, Britain is regarded as the object of this contrastive research. How to realize the development goal of enterprise digital transformation with the help of traditional culture has become one of the problems that enterprises need to solve. This article analyzes the comparison of the digital transformation of traditional enterprises in China and Britain, in order to provide a reference for the steady development of traditional enterprises in the new era.

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Original Research Article

by Liang Chang, Xiaoyu Jiang
38 Views, 0 PDF Downloads

The world has entered a new era of digital economy. Online shopping has become an important consumption pattern for the general public, especially the younger generation. The global retail industry is transforming in the direction of e-commerce. As the world's largest clothing consumer, China has attracted many well-known overseas fast fashion clothing brands to land, and the competition in the domestic clothing market is fierce, prompting China's local fast fashion clothing brands to start a journey of "going overseas". In the future, the cross-border export e-commerce based on Internet technology has become an important way for Chinese fast fashion clothing brands to achieve overseas development. The swimwear products developed by ZAFUL, a full-scale marketing player, expand the application scenarios of swimwear not only in overseas markets, but also on the list of "Top 50 Chinese Overseas Brands" by Brandz, the world's largest brand equity database, in the surging and increasingly fierce global fast fashion competition A beautiful challenge to established overseas brands. This paper mainly takes ZAFUL as an example to provide suggestions for successful cross-sea marketing for other clothing brands.

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Original Research Article

by Jialin Chen
39 Views, 0 PDF Downloads

In recent years, due to the influence of the internal and external environment, employees in China's banking industry are more likely to have turnover intention than in other industries. Therefore, this study takes Chinese bank employees as the research object to explore the influence of servant leadership on turnover intention. The results showed that servant leadership has a significant negative impact on turnover intention; Job crafting and work-family conflict have a mediating effect on the effect of servant leadership and turnover intention; Stress mindset has a positive moderating effect on the effects of work-family conflict and turnover intention.

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Original Research Article

by Liangmin Chen, Weiwei Zhang, Yupeng Zhi, Qiao Chen
34 Views, 0 PDF Downloads

To investigate the impact of deleveraging policy on corporate performance, financial data for 2452 listed companies in China's A-shares and Hong Kong shares were examined in this article. Using a difference-in-differences estimation model and a quasi-natural experiment in China, we find that deleveraging policy has an inhibiting effect on the corporate performance of mainland enterprises. In terms of the inhibiting effect, private firms suffered more than state-owned enterprises (SOEs). A liquidity-corporate performance model is also being developed to investigate the mechanism of the inhibiting effect of deleveraging policy on corporate performance. The findings show that the deleveraging policy harms corporate performance by reducing firm liquidity.

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Original Research Article

by Peng Chen
38 Views, 0 PDF Downloads

The increasing use of social media gives marketers a better space to engage with customers. However, research examining the effectiveness of social media marketing from a brand perspective has been relatively unexplored. Furthermore, few studies on homegrown brands have investigated the impact of consumption intention on consumer-brand relationships. The three objectives are to explore the economic impact of self-media image construction on enterprises related to local products, to assess the differences in consumers' willingness to purchase local products under different demographic variables, and the influence relationship and significance of various factors within the framework of this research, and to make feasible suggestions on how local products can provide better services for the needs of the audience.

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Original Research Article

by Ping Chen
23 Views, 0 PDF Downloads

At present, the development of society as a whole in our country in the process of acceleration, the national education work in colleges and universities to give importance more and more high, the domestic university actively mobilize social forces, taking advantage of the industrial sector, the effect of increased intelligence work, all of these talents has played a powerful role in promoting.Therefore, under the background of intelligence, this paper also analyzes the specific work mode of financial professional personnel training in colleges and universities, hoping to optimize the overall work process by using new work development methods, so as to achieve the best effect of talent training and transport more high-quality financial professionals for our society.

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Original Research Article

by Haolin Ci
25 Views, 0 PDF Downloads

In recent years, the rapid development of the digital economy has brought new requirements and challenges, and exposed many deficiencies in market supervision. Based on this, this paper focuses on the development characteristics of the digital economy, conducts research on the market supervision, and puts forward some suggestions for the market supervision pattern for reference.

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Original Research Article

by Jiajia Deng, Xue Xie
34 Views, 0 PDF Downloads

Performance evaluation is the core of financial expenditure budget performance management and an important way to optimize the allocation of financial resources. However, there are some problems in practice, such as "fragmentation" of the evaluation content and weak incentive and restraint of the evaluation results, which reduce the efficiency of the use of financial funds to a certain extent. Therefore, this paper takes the overall expenditure of the Education Bureau of City A as an example, aiming at the problems of the department in budgeting, performance target management, performance self-evaluation and other aspects, and puts forward targeted suggestions to provide decision-making reference for relevant government departments.

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Original Research Article

by Juanjuan Du
32 Views, 0 PDF Downloads

China's State Council revised the regulations on pig slaughtering in order to emphasize the supervision standards of pig slaughtering and strengthen the responsibility system for pig slaughtering. In the same year, the International Food Forum held in Shenzhen, advocating the development of modern scale agriculture. Because of China as a big country in pig production and pork consumption, this paper selects Muyuan Foods Co. Ltd as a case study that is the leading enterprise in the pig industry, then analyzes the integration strategy of Mu Yuan in the past 29 years from the industrial structure, and objectively describes its strategic course. Combining the static and dynamic perspectives in practice, this paper analyzes the general strategy of pig enterprises' development integration with its own characteristics.

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Original Research Article

by Ting Feng, Qingchuan Gu, Anruo He
25 Views,

Based on the unique geographical characteristics of 16 prefectures and the concentration of ethnic minorities in Yunnan Province,based on a review of relevant literature,this paper investigates the differences between prefectures and prefecture-level cities in the concentration of ethnic minorities in terms of the effects of industrial structure optimization and fiscal expenditure on rural per capital disposable income and relative poverty.

Original Research Article

by Yanjie Gao
29 Views, 0 PDF Downloads

With the deepening of global economic integration, international trade has become one of the main ways to accelerate the economic growth of each country (region), which affects the transformation and upgrading process of industrial structure of each country (region). The coordinated development of foreign trade structure and industry structure is an important guarantee for the stable and healthy development of a country or region's economy. In the process of accelerating the integration into the "Belt and Road" initiative, Erdos, as an ethnic development region in the northern border, has a unique geographical position and plays an important role as a bridge to deepen cooperation and trade with Russia, Mongolia and Eastern Europe, and is an important gateway to promote the construction of the "China-Mongolia-Russia Economic Corridor". It is an important gateway for the construction of "China-Mongolia-Russia Economic Corridor". In the face of the higher standard of economic development, Erdos can not only promote the optimization and upgrading of industrial structure, but also promote the stable development of foreign trade if the coupling effect of industrial structure and trade structure can be brought into play.

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Original Research Article

by Yuanze Gao
37 Views, 0 PDF Downloads

Many economists believe that homebuyers today are in a better place relative to 2008 (Alcynna Lloyd, 2022). If it doesn’t look like the housing bubble in 2008, what is going on in today’s housing market? Houses serve as a necessity for people’s daily lives, however, fewer families can make home purchases through their accrued savings, and most families choose to take loans for purchasing (Levitin and Wachter, 2020). People depend on mortgages to make home purchases and government needs the mortgages to promote homeownership (John C. Weicher, 1994). Through this paper, I will look into the housing and housing finance market to find their relationship with the macroeconomy and propose possible solutions for the housing market.

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Original Research Article

by Guangming Geng
48 Views, 0 PDF Downloads

From the review, this section has managed to show that previous literature supports the TAM model of technological acceptance which  indicates that the adoption of new technologies is largely dependent on the customers’ perceived ease of use, perceived usefulness, prior computer experience and past consumption as well as the increased convenience. More so, consumers’ previous experience with other related technologies has been found to relate positively with the adoption of online banking.

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Original Research Article

by Min Gong
25 Views, 0 PDF Downloads

Smart or digital city projects are sweeping the world at an alarming rate. The rapid pace of technological development, the process of digitisation, 5g, AI, blockchain technology, etc., has led to cities becoming more similar in their engagement with digital, but individual cities still have different forms of expression. These differences are not only reflected in the way they engage with digital, but also in the different models, concepts and objectives, and capital models of digital city development. This paper compares London and Shanghai (China's cultural and economic capital as digital cities, the ways in which they engage with the digital in their specific contexts, and the similarities and differences in their digitalisation processes. And in the 'Discussion' section, the article outlines the key points and the logic behind them, and identifies the shortcomings of the research.

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Original Research Article

by Xiaolei Gu
31 Views, 0 PDF Downloads

This paper investigates the development of the live streaming industry in China. Traditional promotion methods have to be replaced with live streaming which plays a key role in the growth of China’s e-commerce market. The research gathers actual data, cases of tax evasion as well as the supportive subsidies and suppressive restrictions deployed by the government. Using this information, the study analyses the relationship between the popularization of the live streaming industry and government policies. According to our analysis, the study finds that the live streaming industry’s impact on the whole society and the future government policies on this industry is unpredictable due to the frequent occurrence of illegal tax evasion, unreliable product quality, and the difficulty to guarantee after-sales service.

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Original Research Article

by Yang Guo
28 Views, 0 PDF Downloads

The system of arbitrator withdrawal is the key to ensure the independence and impartiality of arbitrators in international investment arbitration. ICSID arbitration practice reflects ICSID Convention's lack of arbitrator independence and impartiality, fails to address the "Conflict of Identity" of arbitrators and fails to balance conflicting issues of law in arbitral tribunals. To improve the ICSID Convention, three measures should be taken to clarify the connotation of arbitrator independence and impartiality, improve the arbitrator disclosure system, and improve the decision method of withdrawal application.

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Original Research Article

by Meichen Hu, Yang Guo
18 Views, 0 PDF Downloads

The development of human organ transplantation technology has benefited a large number of end-stage organ failure patients. As a specialized medical organization or institution for the acquisition, repair, maintenance, preservation and transfer of human organs, organ procurement organization(OPO) plays an important role in promoting the high-quality development of human organ donation and transplantation in China. This paper focuses on the issue of accounting for the donation of organ acquisition funds in the process of organ acquisition by OPO, and provides a standardized accounting method for the majority of OPO organizations, and then promotes the healthy development of human organ donation and acquisition.

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Original Research Article

by Yuping Huang
26 Views, 0 PDF Downloads

As a new type of rights pledge, intellectual property pledge has many advantages such as flexibility compared with traditional guarantee methods, and is favored by the majority of enterprises in China. Intellectual property pledge financing is a common measure taken by some smes to alleviate financial pressure and solve financing difficulties. Many of the legal issues exposed in the process of its implementation have put both borrowers and lenders under unknown risks, which can easily trigger a new round of crisis. In view of the current situation of intellectual property pledge financing of innovative enterprises in China and common legal risks, the article proposes systematic prevention strategies, including improving the intellectual property circulation mechanism, improving the intellectual property rights assessment system, and establishing a diversified dispute resolution mechanism.

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Original Research Article

by Gang Ji, Xinyuan Ma, Xiwu Cheng
27 Views, 0 PDF Downloads

Innovation is the main performance of enterprise core competitiveness and an important factor of economic development. As an important driving force of national innovation economy, high-tech enterprises are the leader of scientific and technological innovation. It is very necessary for high-tech enterprises to implement equity incentive, which is of great significance to their innovation and development. But at present, there are some disadvantages such as low incentive level and not obvious incentive effect in high-tech enterprises. In view of this, this paper takes high-tech enterprises in Anhui Province as a case study, deeply analyzes the problems existing in the implementation process of equity incentive system through the combination of theoretical research and practical analysis, and explores the optimization path of equity incentive system for high-tech enterprises, in order to better provide relevant suggestions for enterprise development.

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Original Research Article

by Mingxv Ji
43 Views, 0 PDF Downloads

In recent years, the COVID-19 epidemic has erupted across the country, resulting in business closure, business damage, and reduced income. As an important part of the loss, can merchants ask the lessor to reduce all or part of the rent? What is the legal basis? In order to solve these problems, we must first explore the legal nature of the epidemic. From the legal nature of the analysis of the epidemic and epidemic prevention policies, to the lessor, the government and the judicial organs, this paper will systematically explore in which circumstances the merchant has the right to request all or part of the rent reduction.

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Original Research Article

by Qiaohong Jiang
26 Views, 0 PDF Downloads

The outline of the 14th Five-year Plan proposes to strengthen the construction of modern infrastructure system,and strengthening the construction of new rural infrastructure is not only a part of the promotion of rural revitalization strategy, but also an important measure to comprehensively promote the construction of socialist modern infrastructure system. Promoting infrastructure construction in rural areas, including roads, water and electricity facilities and educational facilities, and forming a sound modern infrastructure system is an important link between rural revitalization and poverty alleviation. In recent years, China has made remarkable achievements in economy, education, social culture and rural construction, but there are still many rural infrastructure construction in China is not perfect, even some local infrastructure is quite backward. Therefore,improving rural infrastructure construction plays an important role inrural development and promoting rural revitalization.

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Original Research Article

by Xi Jiao, Zhifeng Li, Yu Lei
33 Views, 0 PDF Downloads

Tax wechat, to some extent, can narrow the distance between taxpayers and the authorities and strengthen the credibility of the authorities.Due to the uneven quality of government wechat of tax departments at all levels, there are still many problems in the current development of domestic government wechat.These issues affect taxpayer satisfaction.This paper takes guangdong tax WeChat Official Accounts as the research object, and the status quo of Guangdong tax operations is analyzed in depth.Through questionnaire survey, the satisfaction of taxpayers of Guangdong Tax  WeChat Official Accounts was obtained.. SPSS and other analysis tools were used to carry out relevant analysis, and it was found that the wechat Official Accounts  had some deficiencies in operation, such as unclear positioning, imperfect standards and inadequate interaction.Finally, based on the theoretical knowledge of service marketing and the results of guangdong tax case analysis, some suggestions are put forward on the operation of tax authorities' wechat official accounts, hoping to enrich the theory of tax service and improve the overall satisfaction of taxpayers by improving the operation of tax authorities' wechat official accounts.

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Original Research Article

by Ninghan Xie
22 Views, 0 PDF Downloads

At the beginning of the 20th century, the United States experienced the Great Depression. In this paper, we will analyze the stock market crash to deduce the cause of the Great Depression. Through the analysis of Gini coefficient and Dow Jones Index, this paper argues that the error of fiscal policy, the widening gap between the rich and the poor, and the ineffective government management of the financial market are the main causes of the Great Depression in the United States

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Original Research Article

by Zhiwei Jinwu
21 Views, 0 PDF Downloads

Asian economy was damaged badly after World War II, and Asia was trying to recover their economy by working against serious problems of huge population, slow economy growth, poverty and corruption. Some Asian countries are now fully developed successfully, and some are still in the process of developing. However, Asian economy is now playing an important role all over the globe, leading the way in advanced technology, manufacture, and labour. This paper uses examples of Japan, China, and Singapore to explain how Asian economy recovered and have risen so rapidly, and why they are now leading the way in recent decades.

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Original Research Article

by Rong Jing
25 Views, 0 PDF Downloads

With the popularization of e-commerce applications and the continuous progress and development of communication technology, mobile Payment methods have developed rapidly all over the world. As a new bright spot in China's e-commerce field, mobile payment,Compared with the traditional payment method, it can break through the restrictions of time and place, and has the advantages of concealment, quickness and high payment frequency and miniaturization have become important means of payment in people's daily life, but it also has some defects while playing the convenience. This paper mainly expounds the development status of mobile payment and analyzes the possible problems in use, and put forward relevant countermeasures for reference.

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Original Research Article

by Changhong Li, Songyang Jiang, Kangyu Zhu
19 Views, 0 PDF Downloads

In this report, the revenue processes of Walmart's from the perspective of AIS will be focused on. From the perspective of accounting, some transactions and processes will be mentioned. And risk and control measures will be included, and the conclusion will be elaborated at the end of the report.

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Original Research Article

by Jiamin Li
49 Views, 0 PDF Downloads

With the comprehensive coverage of the Internet, the production of various industries in China has gradually changed from the traditional artificial to the intelligence, and digital products can be seen everywhere in the new era market, among which, the new media technology has also been widely used. This paper takes new media as the general environment, and carries out the marketing strategy research of enterprise brand management under this environment. This paper believes that new media can provide certain advantages for enterprise brand marketing, and has a positive role in promoting enterprise brand awareness. The key lies in how to use new media well.

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Original Research Article

by Lingyi Li
15 Views, 0 PDF Downloads

This article is based on the public information of Chinese listed companies, based on the 2019 sample, the statistical data in this article shows that In the 1.0 stage of corporate governance in China, the "ceiling effect" appears, the structural indicators of corporate governance tend to be homogeneous, the governance level of listed companies has been improved continuously in 2003- 2019, and increased year by year after the decline in 2009 ; with the development of the regulatory reform of corporate governance in recent years, listed companies can basically meet the minimum requirements for governance regulation, but the jump from governance 1.0 to governance 2.0 requires the optimization and upgrading of standards based on the status quo of governance.

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Original Research Article

by Mian Li
22 Views, 0 PDF Downloads

To investigate whether blockchain can bring more benefits to fresh product supply chain, this paper builds a mathematical model based on profit maximization, discusses the relationship among the introducing cost of blockchain, marginal transaction cost caused by traditional platforms, and consumer willingness to pay (WTP). The following conclusions have been drawn. First, for suppliers and retailers, the party responsible for maintaining trading platform will bear more costs, and whether to introduce blockchain depends mainly on whether the profits from the blockchain can cover the cost of introducing it. Second, for consumers, the introduction of blockchain technology will always increase their utility.

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Original Research Article

by Rongchun  Li
40 Views, 0 PDF Downloads

Industry monopolies are detrimental to the sustainable development of industries and economies, and countries have introduced anti-monopoly laws to protect the development of industries and balance competition. Most companies are facing the challenge of anti-monopoly laws, and it has become a hot topic to deal with the sanctions and effects of anti-monopoly laws on companies and reap the benefits in them. This article proposes some more effective measures by conducting a PEST analysis of Google, the leading company in the Internet search engine industry.

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Original Research Article

by Yiqing Liao
30 Views, 0 PDF Downloads

The development of digital technology in China is not yet mature, and the issuance of digital currency has the risk of information technology, systematic risk and currency circulation, which has brought challenges to China's financial supervision. It is necessary to vigorously develop financial technology, innovate supervision mode, strengthen international supervision cooperation, promote the promotion and development of digital currency and maintain financial stability.

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Original Research Article

by Zhiyi Lin
29 Views, 0 PDF Downloads

The report outlooks fraudulent cases in that HSBC allowed fraudsters to transfer 80 million dollars from the US to China, all of which were money from the 'Ponzi Scheme'; the report proffers a stance that this case was fraudulent. To begin with, the report stipulates that the bank failed to close any of the fraudsters' accounts. As a result of fraud, the report asserts that HSBC has a profound result. The report posits the company lost money. On the other extreme, the bank lost its integrity. A company's reputation, logistical, regulatory, and intensity concerns are examples of interconnected negative effects, and each has an effect. The effects of this fraud in the financial sector are also discussed in the report. The report shows that due to the fraudulent case, the laws have been inflicted on financial institutions to ensure monitoring of internal activities.

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Original Research Article

by Yingshan Liu, Ke Qin
17 Views, 0 PDF Downloads

From the early 1840s, British Prime Minister, McHiston describe Hong Kong as a deserted island that even a house is difficult to find.Now,it is become an important port. Hong Kong's industry composition is also gradually shifted from trade to shipping, and later involved in the financial and manufacturing industries. Hong Kong backed by the Chinese mainland, facing the sea, act as an junction of sea and land, access to the world.Not only the entrepot for foreign trade with the mainland, but also the important channel of trade between mainland and country abroad. Times change Hong Kong's industry continuously. In order to understand the historical inevitability of industry development of Hong Kong,so as to speculate on the future development.This thesis consulting the literature, official website data,articlesand than predicted that Hong Kong industry will transformed into a upgraded service industry,well-developed financial industry and well-developed high-tech in Manufacturing.

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Original Research Article

by Yue Liu
24 Views, 0 PDF Downloads

With the development of e-commerce, cross-border e-commerce is rapidly emerging, which not only brings great benefits to China, but also changes people's traditional purchasing methods. The development of cross-border e-commerce in China started late, and in the context of economic globalization, China's foreign trade has been expanding. At the same time, the rapid progress of Internet technology and the rapid rise of the e-commerce industry have led to the instability of the cross-border trade e-commerce market, the lagging logistics and distribution, and the lack of a sound payment and settlement system and credit system. In order to better promote the healthy, orderly and sustainable growth of China's foreign trade exports, it is necessary to study the innovation path of China's cross-border e-commerce business model and find corresponding solutions so that it can play a greater role in international trade.

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Original Research Article

by Dengchuang Long
21 Views, 0 PDF Downloads

In recent years, cross-border e-commerce has developed rapidly to promote global trade. With the emergence of the word "new retail", the traditional cross-border e-commerce has been unable to meet the needs of consumers, so it is necessary to transform to new retail e-commerce. At present, there are some problems in cross-border e-commerce, such as high logistics cost, scarcity of professional counterparts, imperfect third-party cross-border payment system, difficulty in commodity quality identification and so on, which can be made up for in the new retail era. Therefore, this paper will analyze the defects of cross-border e-commerce from the perspective of new retail, and put forward the relevant countermeasures between countries as a reference.

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Original Research Article

by Ling Liu, Fangyuan Luo
43 Views, 0 PDF Downloads

The rapid development of the capital market has boosted the growth of the national economy, however financial fraud is widespread. These financial fraud instances not only caused enormous economic losses for investors but also raised public concerns about the legitimacy of the capital market. This paper utilizes the financial fraud of Changyuan Group as a case study, employs literature research and case analysis methods, analyzes the reasons for the distortion of corporate accounting information from five elements of internal control, and provides corresponding perfect solutions.

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Original Research Article

by Yanlv Meng
27 Views, 0 PDF Downloads

This paper discusses the current situation, development problems and countermeasures of China's foreign exchange derivatives market based on the problems of backward development, mismatch between volume and economic scale, structural imbalance, low participation of enterprises, single variety, lack of innovation and related talents, single participating body, inadequate supervision and lack of risk prevention ability since the birth of China's foreign exchange derivatives market, and proposes countermeasures to improve the participation and financial literacy of enterprises, increase innovation, enrich clearing methods, expand the scope of participating bodies in the foreign exchange derivatives market, improve the regulatory system and system, and enhance market transparency.

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Original Research Article

by Zixi Ning
23 Views, 0 PDF Downloads

To effectively solve the problem of non-performing asset management, the Chinese government has adopted a series of major policy measures. However, China's state-owned commercial banks dispose of non-performing assets on a large scale, and the operation methods and management methods for disposing of non-performing assets are relatively simple. These non-performing assets not only seriously reduce the capital anti-risk and risk management capabilities of commercial banks, but also have a certain negative impact on the stable and healthy operation of the national financial system, thus seriously affecting the healthy and stable development of the entire national economy. Therefore, effectively resolving the bank's non-performing assets has become a top priority for state-owned commercial banks.

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Original Research Article

by Wenhua Peng, Yongmei Yang, Binhui Guo, Yujuan Xie
19 Views, 0 PDF Downloads

In recent years, the number of REITs issued in Asia has shown explosive growth. In June 2021, China's infrastructure public offering REITs were successfully issued and listed. At present, 14 infrastructure public offering REITs have been issued and listed, of which 2 are warehousing and logistics REITs. This paper introduces the general situation and characteristics of China's warehousing and logistics public REITs, and puts forward the development prospect of China's warehousing and logistics public REITs in the future.

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Original Research Article

by Chuchu Rong, Ziwei Tang
29 Views, 0 PDF Downloads

Over the past 40 years of reform, development and opening up, the reform of China's private capital market has continued to develop rapidly and steadily, and the design of the corporate governance operating mechanism has gradually completed a process from actively learning from the experience of various countries to exploring and gradually passing Explore and realize the important transformation to form a corporate governance innovation model system with Chinese characteristics.

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Original Research Article

by Qingkui Shen
19 Views, 0 PDF Downloads

Under the background of the accelerated development of economic globalization, the behavior of non-resident enterprises in my country to avoid taxes through equity transfer has seriously disrupted the market order of fair competition. In this regard, this paper introduces the method of indirect equity transfer of non-resident enterprises, and sorts out the promotion process of my country's tax law. Through the analysis of the Hangzhou Ring Expressway case, it finds out the defects of my country's tax law system and puts forward targeted suggestions.

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Original Research Article

by Zhengbin Shi
26 Views, 0 PDF Downloads

In the report of the 19th National Congress of the CPC, it was pointed out that we should resolutely fight against major risks, achieving targeted poverty alleviation and pollution governance and prevention. Therefore, environmental pollution governance has also become an important issue in social development in the new era. By specifically analyzing the environment pollution governance of some regions, it can be found that the corresponding investment often affects the specific treatment results, and the corresponding investment also plays a prominent role in promoting economic growth, but it is a simple thing to give full play to the corresponding role. This paper will analyze the actual situation of the corresponding investment promoting economic growth, and put forward some investment strategies and policy suggestions in combination with the actual situation.

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Original Research Article

by Chencheng Song, Yiran Wu, Zhiyan Liu
30 Views, 0 PDF Downloads

Deleveraging policies have been a controversial topic in the corporate finance sector; this paper used samples of public listed firms in Hong Kong and Mainland China to study the Chinese 2018 deleverage policy and shadow bank regulationsimpact on the financial market. With the implemented research method, the paper finds the regulation had negatively impacted the equity market performance and may have created additional burdens for the firms. Our finding suggests regulators should be cautious in terms of making policies, and with economic policiesuncertainties, there might be unwanted consequences.

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Original Research Article

by Yining Sun
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The society is facing an aging issues in the next few decades, both in China and overseas. At the same time, the promotion of the digital currency has become a trend all over the world. Thus, by studying the influencing factors of the elderly’s attitude towards mobile payment, which is analogous to the payment of digital currency, a better understanding about the obstacle and how to spread it can be gained. This dissertation uses both a quantitative and qualitative method through field research and online questionnaires. And a basic model of evaluating the “attitude” is established. After a more detailed discussion into this two aspects, a conclusion can be drawn that the personal situation has much larger effects than platform situation itself, having a consistent effect on the attitude towards mobile payment. What’s more, the elderly hold a more positive attitude and further acknowledgement on digital currency then general recognition. Based on the research and discussion, a few recommendations are given in this dissertation, to give reference for the future development of the mobile payment.

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Original Research Article

by Qihao Wang
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With the rapid growth of the scale of shared cars in China, it has a great positive external effect on people's daily lives, and this result is especially reflected in the air quality index.Within cities, a very important factor affecting air quality is the emission of vehicle exhaust. The size of the displacement and the number of vehicles in transit directly affect the amount of exhaust emissions. This paper conducts research based on this principle, and finally concludes: 1.The increase in the scale of shared cars has solved the car purchase needs of some people. 2.The increase in the scale of shared cars, especially electric shared cars,can solve the problem of air pollution within the city to a certain extent.This study has important reference significance for the development and promotion of shared cars by governments and related enterprises,as well as the evaluation of the environmental protection efficiency of shared cars.

 

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Original Research Article

by Weijing Wang, Dexue Li
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The concept of metaverse originated from science fiction, laid its foundation on digital currency, and supported by a series of integrated cloud computing and Internet of Things technology. It is a virtual world that reproduces human panoramic activities with the new digital economy based on blockchain technology as the essential part. The construction of the personal information protection system in the Metaverse should be based on the laws and regulations, including Civil Code, Personal Information Protection Law, and Electronic Commerce Law. Also, the consent system needs to be improved, and a diversified mechanism should be built. Information fiduciary duties is suggested to be introduced and the legislation interpretation should be strengthened. Professional monitoring agencies should be established to implement individualized disclosure. The aim is to achieve a balance between personal interests and public interests, and embrace the economic changes brought by the Metaverse.

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Original Research Article

by Zihan Wang
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In this paper, the dynamic programming of the airport taxi driver's picking up strategy is studied, through the modeling of the influencing factors, combined with the actual situation, the airport "pick up point" and "priority" arrangement strategy is given, and the algorithm is verified. For taxi driver selection strategy, we analyzed the related factors influencing the taxi driver decision-making mechanism, the influence of the possible influencing factors into consideration, and correlation analysis to determine the main factors and influence mechanism, and combining with the change rule of airport passenger Numbers and taxi driver returns, using the method of queuing theory, the taxi driver selection decision-making model is established, Thus, the driver's choice strategy is given. For an airport taxi driver selection scheme analysis, we choose Hangzhou Xiaoshan airport as an example, passengers take a taxi from Xiaoshan airport Avenue in Hangzhou city. Using the decision method of model 1, the choice of taxi driver in Xiaoshan airport is given. The authenticity of the model and its dependence on related factors are analyzed. Finally, we use the simulation data to verify the practicability of the model and the effectiveness of the algorithm, and solve the problem of picking up taxi drivers at the airport, so as to improve the efficiency of passenger traffic and the revenue of taxi drivers, and maximize the use of resources.

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Original Research Article

by Manyun Xiong
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Based on the evidence from China, this paper explores the influence of job stability on household financial asset allocation. The objective of the research seeks to provide positive assistance in guiding households to allocate their financial assets wisely. It is reviewing the relevant literature on household asset portfolios to explain why job stability may impact family financial portfolio decisions from different perspectives. The regression analysis of the proposition is conducted using the China Household Financial Service (CHFS2019) data. The study finds that job stability contributes significantly to household risky asset holdings through two main pathways: increasing labour income risk and occupational uncertainty. In regions of better economic conditions and higher financial accessibility, residents tend to be more sensitive to career stability, thus changing investment decisions. The research concludes that a full understanding of job stability and a good judgement of family income and family risk tolerance are essential to make informed financial asset allocation decisions.

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Original Research Article

by Jingyan Yuan
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With the continuous development of economic globalization, trade between countries is becoming more and more frequent,and international trade is growing. As one of the largest products in the world, the development of the food industry is of great significance to the growth of national economies and the improvement of people's living standards, but it is also facing great challenges. In recent years, all countries in the world have realized the need to accelerate foreign trade of their own countries,and to achieve mutual coordination and common progress between the food industry and other products. In this background, China began to actively explore the new era of socialist market economy with Chinese characteristics under the foreign exchange and cooperation model and related policy system, reform and innovation and achieve certain results.

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Original Research Article

by Yuchi Shen
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This paper analyzes the basic status of China's industrial development, reveals the characteristic facts of the changes in China's primary, secondary and tertiary industries during the 13th Five-Year Plan period, and summarizes the analysis of factors affecting the changes in industrial structure. "The selective industries to be focused on during the 14th Five-Year Plan period are mainly divided into making up short boards and chains to stabilize the foundation of internal circulation and making up short boards in the circulation system to improve circulation efficiency; the functional industries to be focused on are basic research to enhance scientific and technological innovation capacity, the development of digital economy, and the energy revolution under the green low-carbon economy. In this context, urban commercial banks need to give full play to their advantages in connecting financial capital and social resources to actively expand the market of strategic emerging industries; uphold differentiated and characteristic service positioning, and play the role of participatory and complementary functions of urban finance in practicing rural revitalization strategy; constantly pay attention to climate and environmental risk management, improve the degree of awareness of climate risks, and actively apply financial technology to adapt to the new Risk management situation.

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