Volume 120
Published on October 2024Volume title: Proceedings of the 8th International Conference on Economic Management and Green Development
China's economy is currently facing difficulties such as a slowdown in development, an economic structure that is not adapted to the new world economic situation and so on. How to get out of these difficulties has become an important issue. From a historical perspective, this article compares the economic development processes of China and Japan after World War II and analyses the enlightenment that China can draw from Japan's economic development. The study of this article concludes that after World War II, the economic development models of China and Japan were highly similar. Both countries implemented a development strategy that prioritized heavy and chemical industries, introduced economic development policies that emphasized exports and adopted a government-led economic development model. Both are currently encountering similar development difficulties. Based on Japan's economic development experience and lessons, China should focus on real estate bubbles, market mechanism adjustment and improvement, etc. to adapt to the needs of the new economic situation.
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With the growing global focus on climate change and environmental issues, the significance of Environmental, Social, and Governance (ESG) considerations within corporations is increasingly paramount. In the context of the current "green environmental protection" paradigm, ESG, as a product of the new era, aligns seamlessly with China's sustainable development philosophy. Based on this context, this paper elucidates the composition of divergences in ESG ratings and discusses the implications and impacts of these divergences on corporate reputation and management strategies based on relevant theories. This paper provides a reference for understanding the disparities in ESG ratings among different enterprises and their resultant impacts.
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Artworks, as unique commodities, possess both properties and aesthetic value. For consumers, understanding the factors affecting artwork pricing can mitigate the risks associated with market pitfalls. For collectors intending to sell artworks, knowing the factors influencing the pricing of artworks can help them better assess the value of their collections and make more informed decisions on when, where and how to sell. This paper analyzes the influencing factors on art prices from three perspectives: intrinsic attributes of artworks, demand dynamics, and special elements of the art market. Each factor's variation can lead to significant fluctuations in art prices.
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Healthcare data management systems today face pressing challenges in maintaining data transparency, traceability, immutability, and security. Additionally, the centralized framework of many current healthcare systems raises concerns over potential catastrophic failures at single points. Blockchain technology stands out as a transformative solution, offering a decentralized and innovative approach with the potential to redefine healthcare data management. This paper investigates the transformative impact of blockchain in the realm of healthcare data management. It underscores how blockchain can drive revolutionary progress and substantial improvements in the sector. The paper examines the key features and benefits of blockchain, shedding light on the vast opportunities it opens up for healthcare. We provide an in-depth look at current projects and case studies, illustrating the practical application of blockchain in various healthcare contexts. Moreover, we address the significant research challenges hindering the full integration of blockchain into healthcare systems. The paper concludes by outlining future research directions that could further the advancement of blockchain in healthcare, paving the way for a new standard of excellence in data management.
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With the continuous enhancement of public environmental awareness and the promotion of sustainable development in logistics and distribution, the recognition of new energy vehicles in the logistics and distribution sector is gradually increasing due to their characteristics such as low carbon emissions and low noise. However, new energy vehicles face serious range anxiety, short driving range, low coverage of charging and swapping stations, long charging times, and lack of uniform standards, making it difficult for them to cope with the complex logistics and distribution environment. Additionally, the high initial investment in new energy vehicles hinders their promotion in the logistics and distribution sector. This article proposes suggestions such as increasing research and development efforts for new energy vehicles, accelerating the construction of charging and swapping station infrastructure, and strengthening industry collaboration to promote the standardization process, providing reference for the application of new energy vehicles in the logistics and distribution sector.
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Many organizations’ desires to attract the most value-adding talent has pushed their increased adoption of artificial intelligence in the processes of recruitment and selection. As AI can be generated into tools to conduct an analysis of applicants and provide an overview, it reduces the recruiter’s time allocation on administrative tasks to focus on making more advanced decisions to execute the business’s desired strategic directions and developments. This paper mainly examines the impact of AI in the talent acquisition processes on the three aspects of practical, ethical, and strategic impacts. The practical approach can improve the efficiency in recruitment and selection to find the best-fit candidate through AI algorithms for certain roles. The ethical approach of AI can ensure a fair talent acquisition process that reduces bias and discrimination to support final decision-making. The strategic approach allows organizations to use AI in conducting recruitment and selection practices with considerations on the future growth of the business, prospecting the required talents to achieve such growth. The attraction of using AI in the hiring process can lead to a more digitalized and trendy employer branding, making organizations appeal and expand to innovative pools of candidates. However, there are downsides to all approaches, including the lack of human involvement, the risks of data security and breaches, and the consistency of employer branding in utilizing AI technology. In exploring the benefits and limitations of AI’s impact on talent acquisition, there should be a more structured approach to unleashing this technology in the HR practice.
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This paper investigates the recent deflationary trend observed in China, exploring its underlying causes from both internal and external perspectives. Since the 1970s, China has undergone significant economic reforms, embraced market principles and experienced a substantial expansion in its money supply. Despite expectations of inflation due to the substantial money supply relative to GDP, China has experienced a period of low or negative inflation rates since April 2023. This study examines potential factors contributing to this deflationary period, including exchange rate fluctuations, monetary policy dynamics, economic structural shifts, and external shocks. Furthermore, the paper evaluates the development of transmission routes of monetary policy and possible impacts on the responsiveness of price level to money supply, particularly within the context of China's evolving financial system. Additionally, it analyses shifts in the key drivers of the Chinese economy—investment, net exports, and consumption—and their role in exacerbating deflationary pressures. The study extends its analysis to February 2024, observing potential signs of a transition away from deflation. It emphasizes the risks associated with deflation and the Chinese government's efforts to balance inflation targets with economic stability and employment objectives, particularly in light of challenges in the real estate sector.
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As an important part of culture economy, the Chinese music industry has shown a steady growth trend from the supply side, consumption side, and channel side, but there are still some structural contradictions, weak links and problems. With draw lessons from international advanced experience, this paper considers that the healthy and vigorous development of the music industry of China requires the protection of intellectual property rights, the support of financial and tax policies, the cultivation of professional talents, the forging of the industrial chain, and the encouragement of the "going global" of the music industry. This paper believes that the pursuit of spiritual life by humans is endless, the world music industry has shown great market potential and bright growth prospects.
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This study examines the importance of green logistics for the sustainable development performance of enterprises. It analyzes the connotation and application of green logistics, the significance of corporate sustainable development, and the relationship between the two, to clarify the decisive influence of green logistics in contemporary enterprises. At the same time, it points out the existing problems in the development process of green logistics from multiple perspectives, indicating that the further development of green logistics requires the efforts and cooperation of enterprises, governments, and multiple parties in the supply chain. Following this positioning, several conceptual solutions are proposed, such as the innovation and sustainable utilization of green technology and green management in logistics, and the government's role as a third party in regulating the application of green logistics. The research results have theoretical significance, highlighting the impact of green logistics on corporate sustainable development and the important role of the government in sustainable development. The practical significance includes improving corporate sustainable development performance indicators in the technical and management dimensions, in order to further improve the organization's sustainable operations and behavior.
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The continuous innovation and promotion of digital technology represented by big data, cloud computing and artificial intelligence have accelerated the development of a new round of technological revolution. The new round of technological revolution presents intelligent and networked characteristics, digital economy and digital technology to empower China's economic form to digital transformation, giving rise to a number of new business forms, new models, and bringing new opportunities. However, China is still facing problems such as a large digital divide, digital security threats, difficulties in implementing digital taxes, serious non-tariff barriers, difficulties in the digital transformation of enterprises and a lack of digital talents. Therefore, relevant research on the connotation and characteristics of the digitalisation of China's economy should be strengthened to provide theoretical support for China's economic transformation and high-quality development.
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