Volume 213

Published on September 2025

Volume title: Proceedings of the 4th International Conference on Financial Technology and Business Analysis

Conference website: https://2025.icftba.org/
ISBN:978-1-80590-351-2(Print) / 978-1-80590-352-9(Online)
Conference date: 12 December 2025
Editor:Lukáš Vartiak
Research Article
Published on 9 September 2025 DOI: 10.54254/2754-1169/2024.26710
Shuning Zhao, Xinai Zhang
DOI: 10.54254/2754-1169/2024.26710

Cross-border e-commerce (CBEC) is defined as the online selling of goods and services from a website to consumers in other countries. Cross-border e-commerce can be between a brand or retailer and a consumer(B2C), between two businesses(B2B), or between two private persons(C2C). Nowadays, the Cross-border e-commerce industry is growing rapidly. The purpose of this paper is to find out why cross-border e-commerce comes to the Chinese market. Then, this paper uses data and literature information to discuss the strategies that those failed CBECs took. The main question in this paper is the reason why foreign e-commerce failed to take place in the Chinese market. The result we found that includes constraints from Chinese laws and the policy limitations of the Chinese government, such as taxes is one of the most important reasons in this work. The second point is the supply chain of them. Furthermore, the different cultures between countries also affect cross-border e-commerce.

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Zhao,S.;Zhang,X. (2025). Cross-border E-commerce: The Process from Entering the Chinese Market to Having a Place. Advances in Economics, Management and Political Sciences,213,1-11.
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Research Article
Published on 9 September 2025 DOI: 10.54254/2754-1169/2024.26779
Shijie Bai
DOI: 10.54254/2754-1169/2024.26779

China's Belt and Road Initiative has been influenced by changes in global political and economic factors. After the COVID-19 pandemic, global energy security and food security became new challenges due to the war between Russia and Ukraine. Meanwhile, China's threat theory has expanded which increased potential barriers to trade and reduced the efficiency of global communication and cooperation. These changes the new regional relationship and trade cooperation between China and Russia, and China and the Middle Asian countries. Against this background, this paper discusses the current new opportunities and challenges faced by the BRI and China's development by using empirical research and past market data on energy. Renewable energy development and small and medium-sized enterprises reform and innovation might be effective solutions to provide new growth direction.

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Bai,S. (2025). China’s Belt and Road Initiative: Energy Investment Change after 2020. Advances in Economics, Management and Political Sciences,213,12-18.
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Research Article
Published on 9 September 2025 DOI: 10.54254/2754-1169/2024.26694
Zeyuan Lyu, Jiaying Li, Chunjia Tian, Muxuan Wang
DOI: 10.54254/2754-1169/2024.26694

This paper delves into the intricate relationship between big data recommendation systems and choice overload in the realm of online shopping. Through a systematic investigation, we aim to unravel the extent to which these systems, designed to enhance user experience, inadvertently contribute to the phenomenon of overwhelming decision-making. Our research encompasses a comprehensive analysis of user behavior, surveys, and data mining techniques, yielding valuable insights into the implications of personalized recommendations on consumer psychology and decision-making processes.

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Lyu,Z.;Li,J.;Tian,C.;Wang,M. (2025). The Impact of Big Data Recommendation Systems on Choice Overload in Online Shopping. Advances in Economics, Management and Political Sciences,213,19-28.
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Research Article
Published on 9 September 2025 DOI: 10.54254/2754-1169/2024.26777
Yu Liang, Xiaoyu Ding
DOI: 10.54254/2754-1169/2024.26777

October 26, 2023, at the 24th National Film Promotion and the First National Film Exhibition, 24 films were officially signed for online distribution. China's online film distribution model officially kicked off, adhering to the principle of "one-time release, one-time screening," exploring a new market-oriented, flexible negotiation transaction form. Market-oriented Selective Distribution helps to revitalize cinemas, boost the confidence of creators and investors, and enrich the content of local films, making them more diverse in subject matter.Since 2012, the acceleration of Hollywood movies has boosted domestic film spending, and the rapidly expanding Chinese market has become a driving force for Hollywood movies.Between 2012 and 2017, Chinese box office sales rose from 17 billion yuan to 55.9 billion yuan, and the number of imported movies grew from 8.8 billion yuan to 25.8 billion yuan, according to the National Film Bureau.In 2019, Chinese box office rose to 64.2 billion yuan, but the number of imported movies remained at around 23 billion yuan. That is to say, Hollywood films, as the world's largest source of foreign movies, have ceased to grow in the Chinese market. By 2021, Hollywood movies' box office in China has fallen to $900 million, and their market share has fallen from more than 30 percent to 12.3 percent.This indicates that Hollywood movies have been losing market share in China. The best way to overcome this dilemma is to understand the latest Chinese movie policies and to make targeted changes.

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Liang,Y.;Ding,X. (2025). The Impact of China's Selective Distribution System on Hollywood's Entry into the Chinese Market. Advances in Economics, Management and Political Sciences,213,29-35.
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Research Article
Published on 9 September 2025 DOI: 10.54254/2754-1169/2024.26704
Xiaole Tang, Ziwei Wang, Jiali Guo
DOI: 10.54254/2754-1169/2024.26704

This study takes a close look at why Tsingshan Group decided to take a large short position in the London Metal Exchange (LME) nickel market. We examine the several factors that influenced their strategy. And explore the reasons behind Tsingshan's failure. In particular, we discuss the size of their shot position in light of the difficulties they have encountered in reducing their positions quickly. The paper also analyzes Tsingshan's OTC trading activities and how they contributed to the crisis. Additionally, it discusses the strategies Tsingshan used to survive the crisis and compares their approach to other companies that have either succeeded or failed in short selling. It highlights the similarities that led to misjudgment and inadequate LME regulation while also looking at the unique factors that helped Tsingshan avoid disaster.

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Tang,X.;Wang,Z.;Guo,J. (2025). Risk Management Analysis—A Case Study of Tsingshan Nickel Incident. Advances in Economics, Management and Political Sciences,213,36-47.
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Research Article
Published on 9 September 2025 DOI: 10.54254/2754-1169/2024.26703
Haixiang Zhou, Anqi Chen, Shicheng Liao, Weiyi Wang
DOI: 10.54254/2754-1169/2024.26703

Directors in corporate boards are very important in facilitating firm strategy, monitoring management, and advising about organizational goals. A vast volume of research has gone into discovering how board composition, processes, and activities affect corporate governance and performance outcomes. In the same light, major attributes that have been studied in relation to firm-level outputs are board gender diversity, independence, skills and experience diversity, regularity of meetings, size, and cultural background of the directors. Gender diversity is positively related to board process and decision quality. Women directors bring about more engaged debates and higher levels of preparation among their male colleagues. However, empirical evidence concerning diversity and its relation to firm performance metrics—profitability and market value—has been quite mixed. Independence of the director from management is wanted to provide strength to the board's monitoring function, but no consistent correlation with improved outcomes has been found. Some firms would certainly use this inside information and expertise better than others. Functional background diversity enriches decision-making by bringing a different set of perspectives through the multi-industry experiences of directors and their respective skillsets.

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Zhou,H.;Chen,A.;Liao,S.;Wang,W. (2025). Board of Directors and Corporate Governance. Advances in Economics, Management and Political Sciences,213,48-55.
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Research Article
Published on 9 September 2025 DOI: 10.54254/2754-1169/2024.26789
Zongyuan Wu, Xiuyuan Du
DOI: 10.54254/2754-1169/2024.26789

This paper examines the impact of US trade policies on Chinese electric vehicle (EV) companies from 2018 to 2023, focusing on case studies of BYD and Geely. The research analyzes how these companies responded to and navigated the challenges posed by US trade restrictions. Through a comparative analysis of their strategies, this work reveals the resilience and adaptability of Chinese EV manufacturers in the face of international trade barriers. The study finds that while BYD opted for direct entry into developing markets by establishing local production facilities, Geely leveraged its ownership of Volvo to indirectly enter the US market. This research contributes to the understanding of how trade policies influence corporate strategies and industry development in a globalized economy, offering valuable insights for policymakers, business executives, and researchers in the fields of international trade, corporate strategy, and emerging high-tech industries.

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Wu,Z.;Du,X. (2025). The Impact of US Trade Policy on Chinese EV Companies from 2018-2023. Advances in Economics, Management and Political Sciences,213,56-64.
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Research Article
Published on 9 September 2025 DOI: 10.54254/2754-1169/2024.26693
Ruiyang Wang, Zihan Gu, Qihao Su
DOI: 10.54254/2754-1169/2024.26693

Predicting whether a criminal is likely to commit another crime is an important research topic in the fields of criminology and sociology. This article explores various factors that affect the likelihood of recidivism among criminals, including age, gender, and social race. Through a comprehensive literature review and statistical analysis of the impact of different factors on the number of criminals, this study uses data science to investigate which factors affect the recidivism rate of crime, and proposes some key factors for predicting the likelihood of criminal recidivism. Finally, this article explores how to use these predictive factors to improve the prediction and intervention measures of crime recidivism rates, and establishes relevant models to predict the risk of crime recidivism, such as Random Forest model logistic regression model, decision tree model, and support vector machine model. The accuracy of these four models is compared and analyzed.

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Wang,R.;Gu,Z.;Su,Q. (2025). Comparative Analysis of Machine Learning Models in Predicting Recidivism. Advances in Economics, Management and Political Sciences,213,65-75.
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Research Article
Published on 9 September 2025 DOI: 10.54254/2754-1169/2024.26682
Zhuolin Xu, Jiangyi Zhu, Tianyi Zhou, Aihua Liu
DOI: 10.54254/2754-1169/2024.26682

Lufax’s digital platform lowers barriers to entry for financial services, especially for SMEs and individuals who may be underserved by traditional banks. This contributes to broader financial inclusion, stimulating economic activity by enabling more businesses and individuals to participate in the market. This paper explores the phenomenon of shadow banking in China. Our specific focus is on Lufax, one of the leading companies in the finance sector. Lufax leverages Internet technology to provide financial services to small and medium enterprises (SMEs) and individuals. We offer a detailed case study of Lufax’s business model to provide insights into the complexities of shadow banking in a rapidly evolving financial landscape. Furthermore, we analyze Lufax’s operational risks, methods of risk transfer, its relationships with SMEs, connections with the investors, and the role played by the Ping An Group. The Lufax case illustrates the unique risk management of China’s shadow banking, where technology and ties with Ping An Group have established a comprehensive risk management system to support sustainable growth.

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Xu,Z.;Zhu,J.;Zhou,T.;Liu,A. (2025). Risk Transfer Measures of Shadow Banks: A Case Study of Lufax. Advances in Economics, Management and Political Sciences,213,76-92.
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Research Article
Published on 9 September 2025 DOI: 10.54254/2754-1169/2024.26782
Xinlu Yuan
DOI: 10.54254/2754-1169/2024.26782

This literature review focuses on how Chinese e-commerce develops and successfully occurs in overseas markets, significantly benefiting the country's economy and public. This can only be achieved with effective marketing strategies in the digital marketplace. Importantly, to gain a deeper understanding of the impact of the development of cross-border e-commerce, this paper also analyses in detail several models/patterns of specific operations, including the characteristics of the models and the way they are managed, and also deals with their rationale and steps. By evaluating the performance of the models in actual operation, strengths, and potential improvement points can be identified, giving a template for other cross-border e-commerce companies. The rapid development of cross-border e-commerce has made global trade flexible and enabled companies to access international markets. This study also contributes to the existing literature by comprehensively analyzing the key factors affecting the success of cross-border e-commerce. It suggests directions for future research, particularly exploring the role of emerging technologies in further optimizing the model as well as the operations of cross-border e-commerce.

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Yuan,X. (2025). Cross-border E-commerce: The Process of China's E-Commerce from Entering the Other Market to Mature. Advances in Economics, Management and Political Sciences,213,93-102.
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