Volume 1
Published on November 2023
As economies become more globalized and regional integration increases, global trade is closely linked, and after the economic reform and opening up, China's trade volume has increased year by year, becoming the second largest economy in the world. However, in these years of rapid development, China has also begun to overcapacity, slowing down its economic development. In order to improve China's domestic overcapacity situation, as well as to better carry out the development of economic integration, China's President Xi Jinping put forward the BRI. This paper focuses on how the BRI reflects China's rise and its impact on the global political and economic arena, and analyzes its implications for China's development trends and international relations. From cultural, economic, and political perspectives, and by examining the quantitative analysis of the impact of the BRI on trade, this paper explores the empirical case study of the China-Central Asia Gas Pipeline (CCAGP) and finds that the BRI has boosted the trade turnover of the countries along the route, and has contributed to the development of China's internal development and international cooperation. international cooperation. The case study of the China-Central Asia Gas Pipeline (CCAGP) reveals more concretely that China has utilized infrastructure development to broaden new strategic routes in order to safeguard China's energy interests and security, and to promote cooperation with the Central Asian region. The "BRI" has enabled China to contribute to the formation of a new economic order centered on China in the form of trade cooperation, which helps to enhance international discourse. Through the BRI, China's international influence has been increasing and its role in the international arena is growing.
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In recent years, the digital economy has increasingly become a significant driver of economic growth in China, with its tremendous potential affecting various aspects of the country's economic and social sectors. Shanxi Province is renowned for being a resource-based coal city in China and is currently in a critical period of developing new urbanization. Investigating whether the development of the digital economy in Shanxi Province positively influences new urbanization is of great importance for regional development. This study utilizes panel data from 11 prefecture-level cities in Shanxi Province from 2004 to 2017 and constructs a comprehensive indicator system for new urbanization, including economic urbanization, social urbanization, spatial urbanization, and population urbanization. The study calculates the comprehensive index of new urbanization in Shanxi Province and the level of the digital economy in Shanxi Province using the entropy weight method. Based on these indicators, a fixed-effects panel data regression model is established to quantitatively examine the impact of the digital economy's development level on the construction of new urbanization in Shanxi Province. The study reveals that (1) the regional development level of the digital economy in Shanxi Province has a significant positive promotion effect on new urbanization. (2) Regional government intervention in Shanxi Province plays a strong positive guiding role in the development of new urbanization. (3) The enhancement of the comprehensive economic strength of Shanxi Province significantly affects new urbanization construction, but the effect is not substantial.
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This paper investigates the factors influencing purchase intent in the context of live streaming e-commerce and the variations in their impact among consumers with different levels of digital literacy. By constructing a purchase intent model for live streaming e-commerce, we collected 248 valid survey responses through a questionnaire survey. We employed a structural equation modeling approach to verify the influence of five dimensions of perceived value on purchase intent in live streaming e-commerce and the moderating effect of digital literacy. The results indicate that consumers' perceived value significantly affects their purchase intent through their attitudes toward live streaming e-commerce. The order of the impact of perceived value dimensions on consumer attitudes is as follows: entertainment, supply chain perception, functionality, economy, and host characteristics. Notably, as consumers' digital literacy increases, they tend to focus more on the supply chain perception factor.
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COVID-19 has led to the need to work remotely and to the need for many companies to reinvent themselves in order to survive. The aim of this paper is to review the changes that have taken place in companies as a consequence of the coronavirus. Telework has great positive aspects for employee health, but to successfully ensure business continuity and successful management. It also presents data showing the evolution of telework during the pandemic and discusses some possible solutions to change the way businesses are managed.
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Guided by the strategic objectives of "carbon neutrality" and "peak carbon" in China, low-carbon development in the logistics industry has become a core driver of industry transformation and upgrading. At the micro-level, companies are gradually accelerating their environmental strategic planning and actively promoting environmental sustainability practices. This paper focuses on logistics service providers (LSPs) and selects representative integrated logistics service companies for multidimensional analysis of corporate social responsibility report information. The paper analyzes the characteristics of environmental sustainability practices in companies from the perspectives of transportation strategies, green packaging, green buildings, and circular economy. Policy recommendations for the low-carbon and green development of Chinese logistics service providers are provided.
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With the advancement of technology and the digital development of China's economy, Fintech has steadily integrated into various financial sectors, giving rise to the application of regulatory technology. The article was drawn from an academic perspective combined with practice-oriented research. Begin by tracing the developmental history of regtech, correlating its evolution with various societal development stages, and summarize the digitization process of regtech. The article offers a modular review of regtech applications within China's economic development context, categorizing them into regulatory and compliance technology. Regulatory technology employs emerging technologies such as big data, AI, and cloud computing for real-time surveillance of anomalous market financial data, transitioning from ex-post regulation to ex-ante prediction. Compliance technology encompasses Customer Identity Management, Transaction Monitoring, Financial Risk Alerts, Automated Regulatory Reporting, and Financial Decision-making. This article posits that regtech is no longer exclusively for financial markets but could be applied as a risk-monitoring tool across various industries, proposing novel risk-compliance tools for regulators and compliance officials. In conclusion, the article sets forth the digital transformation requirements for regtech, advocating for digital standardization, enhancement of digital sharing capabilities, algorithmic development and application, and improved digital security. This provides forecasts and tangible suggestions for the digital transformation of regtech.
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