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Since 2014, China's National Development and Reform Commission and the Ministry of Finance have been promoting the Public-Private-Partnership (PPP) mode. Value-For-Money (VFM) assessment is one of the indispensable assessment in the PPP project operation process, which provide powerful guidelines for the project decision through the quantitative or qualitative analysis. However, the period of China...
There are many similarities on fluctuations between clothing styles and finance so that many theorists approach to analyze the relationship of them, the best known of which is the Hemline Index Theory. When the economy is flourishing, hemlines increase, and when the economic situation is deteriorating, the hemlines drop, perhaps even to the floor. In contrast with measuring the illustrations from...
The purpose of this paper is to examine the effects of urbanization on hotel industry development. We employ the proportion of urban population to represent urbanization level and construct a panel regression model using statistical data of Chinese provincial hotel industry in the 2001–2012 periods. The econometric analysis shows that urbanization has positive effects on hotel industry development...
The development of modern services cannot do without the staffs in this field. As the global industry transfers from industrial economy to service economy, the labor demand for modern services keeps increasing. The research reviews labor demand theories and its various incidence impacts, and carries out forecast research and incidence research of the number of people engaged in services in the future...
There is continuing demand for more and better major infrastructure to achieve sustainable high quality growth in China. Approval process of major infrastructure projects is vital to the successful construction. Ineffective and inefficient decisions lead to irretrievable results, long duration, great financial loss and waste. Therefore, conducting a research in the approval process of the major infrastructure...
This study investigates the cost-effective pathways of China's power decarbonization with various low-carbon power technologies, incorporating the uncertainties of CO2 price. An adapted low-carbon generation expansion planning model (GEP) was applied to determine the least-cost decision. Based on the scenario analysis, we conclude with the following findings. First, technically, carbon capture and...
Foreign direct investment as one of the major features of globalization is receiving more and more attentions. Therefore, it's important to analyze whether FDI promotes the technical progress of China. This paper analyzes the relation between FDI and the Chinese technical progress and then through analyzing the data of GDP and FDI from 1984 to 2011, this paper will conclude the results and give some...
Transnational bioscience entrepreneurs (TBEs) accelerate not only the economic, but also the cultural, political, and social development of their host and sending countries. Today, the ease with which TBEs shuttle between American, Chinese, and Taiwanese cultures and resolve intractable workplace norms such as haphazard research, inadequate quality control, insular attitudes, and misguided regulations...
Most existing studies of late industrialization emphasize that latecomers' successful catch-up were driven by the learning mechanisms embedded in their linkages with advanced firms and regions in industrialized countries. It is through such linkages the latecomers were able to source critical technological knowledge and market information for further upgrading and higher competitiveness. This paper...
The effect of foreign investment on six pollutants such as industrial polluted water, and sulfur dioxide is investigated with the regression model. The result shows that there isn't significantly negative correlation between the FDI and pollution emission, which is contrary to the popular hypothesis so called pollution haven. The environmental effect of FDI notably varies among different regions,...
Machinery industry is basic, strategic and predominant industry in our national economy. The security of machinery industry plays a very important role in ensuring stable development of the national economy. Based on it, the FDI control of the industry should be paid more attention. This paper utilizes the relative statistical data during 1999-2009, and analyses the power of FDI control in China's...
Using time series and panel data in the period of 1991-2008, this paper estimates the effect of port FDI on the regional economy in China. It shows that port FDI has positive impact on the regional economic growth in China. However, the unbalanced distribution of port FDI worsens the unbalanced economic development among those regions. To promote the balanced development of China's regional economy,...
A free trade zone (FTZ) or a export processing zone (EPZ) is an area where some traditional trade barriers such as tariffs and quotas are eliminated and bureaucratic requirements are lowered in order to attract more business and foreign investments. In this paper, eco industry theory is applied to a FTZ named Waigaoqiao Free Trade Zone (WFTZ) in a unique city Shanghai to look for its sustainable development...
Capital investment, labor input, financial investment and technological progress are factors that affecting the growth of industrial economy. In order to find the different effects on industrial economy, stimulating effects of these factors in east, central and western regions were estimated by using Cobb-Douglas production function. There are regional differences in the effects of the factors mentioned...
As the most important part of economic growth, capital investment has a higher growth rate recently and occupies the amazing share among all the investments. Based on the theory of risks management, the capital investment risk factors were fully analyzed and an index system for the reasonable evaluation of capital investment was brought forward, which aimed at the quantitative and overall evaluation...
Foreign investment has become an integral part of our country's economic development. This paper does factor analysis on each index about foreign investment. The result shows that Shanghai, Tianjin and Beijing are ahead of the overall development level in China from the aspect of economic power. The infrastructures are relatively sound and can provide the necessary services for foreign investment...
Due to the rapidly rising ratio of dependence on foreign trade, China's economic growth risk is increasing continuously. This paper analyzes the effect of widening gap of income distribution in china by establishing a simple and applicable theoretical model. The widening gap of income distribution results in shortage of domestic demand, speedy increasing of investment and the internal structural imbalance...
Abstract-Approval standard of electricity price is currently the focus of discussion in the national wind power industry. How to determine an appropriate electricity tariff to promote the sustainable and healthy development of wind power is the urgent problem that wind power company need to solve. In this paper, a generation cost assessment model for wind power is established, taking the cost accounting...
Based on the behavioral theory of corporate finance perspective, this article takes the listed companies in 2008 as a sample, researched the equity financing preference on investment behavior. By regression analysis: the listed companies' equity financing preference and the financing size have significant influence on the investment behavior.
In China, private placement fund has a major impact on the operation of stock market. Due to the characteristics of private placement fund and the lack of legislation, there are a number of risk factors in the operating of private placement fund. This article introduces the operating state of private placement fund in China, and analyzes the characteristics of the risk. In the last part, on the basis...
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