Volume 179

Schneider Electric actively practices green intelligent manufacturing and has established multiple "lighthouse factories" worldwide. By leveraging digital technologies, the company has built a green and efficient supply chain spanning the entire production process, achieving operational efficiency improvements and sustainable development. Through the application of big data, IoT, cloud computing, and other technologies, the enterprise can precisely monitor resource utilization and environmental impacts across supply chain segments, optimize logistics transportation, and reduce carbon emissions and energy consumption. Meanwhile, digital-intelligent technologies enhance supply chain transparency and compliance, effectively lowering operational risks and costs. The core enterprise drives collaborative technological innovation, guiding upstream and downstream partners to co-create a green industrial ecosystem and realize sustainable development across the entire industry chain. Taking Schneider Electric as a case study, this paper explores the mechanism of digital-intelligent technologies in corporate green supply chain upgrading based on resource orchestration theory. The research indicates that digital-intelligence-driven green transformation undergoes two transitions: progressing from the informatization stage to the intelligent stage, ultimately reaching the ecological stage. This evolutionary process constructs a three-phase pathway from green infrastructure construction to green capability enhancement and finally to green ecosystem establishment.

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As climate change accelerates, carbon reduction is a global priority. China, as the largest emitter, faces the challenge of balancing growth and sustainability. The influence of productivity improvements on emission reduction remains a key question. This study aims to explore the impact of firm productivity on carbon emissions. By panel data regression method, the paper uses data from China’s Shanghai and Shenzhen A-share listed companies from 2015 to 2022 to examine the relationship between enterprise productivity and carbon emission. The results show that increased productivity has significantly reduced the amount of carbon emitted per unit of output. In addition, heterogeneity analysis shows that regional characteristics play an important role on the relationship between productivity and carbon emissions, the impact in the eastern region is significantly stronger than in the central and western regions. Thus, enterprises should boost productivity through green innovation and energy optimization to reduce emissions and support sustainable development.

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Transportation, a significant contributor to global greenhouse gas emissions, is at the forefront of decarbonization efforts. New Energy Vehicles (NEVs) have emerged as pivotal in the shift towards sustainable mobility, particularly in China. Existing studies have indicated that subsidies provided by the Chinese government have played a significant role in promoting the development of NEVs. However, whether these subsidies have a similarly substantial impact on stock market performance remains undiscussed. This study explores the immediate impact of subsidy adjustments on stock market fluctuations within the NEV sector, an area previously underexplored. By employing an event-study methodology and analyzing data from 2010 to 2024, this paper identifies the short-term reactions of the stock market to subsidy announcements. The findings reveal that while subsidies have fostered market growth and technological innovation, their phase-out leads to mixed market responses, reflecting a complex interplay between policy changes and investor expectations. This analysis underscores the nuanced role of government interventions in shaping market dynamics and offers insights for policymakers aiming to refine subsidy strategies without destabilizing capital markets.

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With the end of COVID-19, the music performance industry is slowly recovering, with the most prominent growth in concerts and music festivals. With the development of online sphere, concerts and music festivals have become a more popular trend. In this social environment, concerts and music festivals are more closely connected with the economy and gradually become a way to attract tourists and activate the tourism economy. The purpose of this paper is to study the economic impact of concerts and music festivals on local performance, including the questionnaire data and analysis collected by the author. The research conclusion is that the psychology of fans is an important driving force to promote concerts/music festivals in different places. The popularity and influence of the performance guests are important factors in attracting local and remote audiences. High-income individuals tend to attend concerts/music festivals, and they are the main consumer group for these events, thus driving local economic development through related consumption. Finally, based on the above conclusions, the corresponding three suggestions are given in order to further flourish the music performance industry.

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This study critically examines the ethnocentric approach to appointing leadership roles in multinational corporations' (MNCs) foreign subsidiaries. Rooted in international human resource management (IHRM), the ethnocentric approach emphasizes appointing parent country nationals (PCNs) to ensure alignment with corporate culture, strategy, and objectives. While this method facilitates knowledge transfer, global efficiency, and cultural coherence, it poses significant challenges, including cultural conflicts, high costs, and local employee dissatisfaction. Using theoretical analysis and a case study of Japanese MNCs operating in China, the paper highlights the implications of over-reliance on ethnocentrism, including resistance to dynamic market environments and turnover of host country nationals (HCNs). The study suggests a mixed staffing approach, combining ethnocentric, polycentric, and geocentric strategies to balance control, local adaptation, and innovation. The findings provide creative insights for maximizing leadership to enhance both subsidiary performance and global integration.

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