Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
102 articles
Proceedings Article
Peer-Review Statements
Maizaitulaidawati Md Husin, Tomoki Fujii, Xiaodong Lai, Azlina Binti Md Yassin
All of the articles in this proceedings volume have been presented at the 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025) during January 3-5, 2025 in Tianjin, China. These articles have been peer reviewed by the members of the Scientific Committees and reviewers...
Proceedings Article
The Integration of Big Data Technology in Enterprise Project Management: Transformations and Insights
Yixiang Luo
In the big data era, enterprises have witnessed transformative shifts in production, operations, and internal management. Such shifts carry significant ramifications for enterprise management, mandating perpetual innovation and adaptability in project management paradigms. As the ambit of enterprise...
Proceedings Article
Privacy Protection and Compliance of Artificial Intelligence in the Financial Industry
Surun Mu
This document has explored the intricate relationship between artificial intelligence and privacy protection within the financial industry. It has underscored the significance of adhering to a multi-layered regulatory framework that includes global regulations like the GDPR, industry-specific standards...
Proceedings Article
Research on the Impact of Digital Transformation on Manufacturing Enterprise Innovation
Mengdi An
Small and medium-sized enterprises in the manufacturing industry are the foundation of the real economy and the key to high-quality economic development in the future. In the current era of booming digital economy, in order to fully stimulate the innovation potential of small and medium-sized enterprises,...
Proceedings Article
Artificial Intelligence in Risk Management: A Study of Modern Approaches
Fengzhi Liu, Rongjia Cui, Dongmei Wang, Yanhui Song, Yuhao Tan
Financial risk management is crucial to financial stability, and artificial intelligence (AI) has become a transformative tool to assess and predict risk. This paper explores the application of AI in early warning systems to improve the robustness of risk management strategies. Research objectives include...
Proceedings Article
Does Local Government Debt Inhibit Corporate Green Innovation? Evidence From Listed Chinese Companies
Can Cui, Dong Xiang
In recent years, green development and increasing local government debt have become hot topics in China. Therefore, it is significant to study the impact of this debt on corporate sustainability, as in doing so, it is possible to explore the micro-consequences for corporations. In this study, we selected...
Proceedings Article
Study of the Relationship between Strategic Transformation and Financial Performance: Taking Beijing Beifang Yongda Intelligent Electric Co, Ltd.as an Example
Jiachen Li
With the rapid development of the Internet and the digital economy, more and more scholars pay attention to the transformation of enterprises. As one of the few box-type substation manufacturers with a large production scale within Beijing, Beijing Beifang Yongda Intelligent Electric Co., Ltd. Faces...
Proceedings Article
ESG Performance and Corporate Profitability: An Empirical Analysis of A-share Listed Companies
Yang Yang
According to the annual information of China’s A-share listed companies from 2013 to 2023, this study analyzes impact of ESG rating on the companies’ profitability. The empirical results indicate that enhancing ESG performance can positively impact the company’s profitability. ESG performance indirectly...
Proceedings Article
Short Selling's Effect on Corporate Digital Transformation
——From the Viewpoint of Listed Companies
Zhaoqun Chen
As a critical market regulation tool, the short selling mechanism exerts a notable influence on corporate digital transformation. This paper empirically examines the impact and mechanisms of short selling on digital transformation by analyzing data from A-share companies listed on the Shanghai and Shenzhen...
Proceedings Article
ESG Ratings, Industry Chain Resilience and Media Scrutiny
Yu Xiao
Under the changing and complex international business background, industry chain resilience has become an important kernel of enterprise management and organizational optimization. ESG rating performance assessment in the context of green financial development provides enterprises with environmental,...
Proceedings Article
TMT Stability, Executives’ Green Experience and Corporate Green Innovation Performance
Jun Shen, Xinlan Luo
Although considerable research has focused on the economic consequences of top management team (TMT) stability, the impact and mechanisms of TMT stability on corporate green innovation performance have not been sufficiently examined. Based on data from companies listed on the Shanghai and Shenzhen A-shares...
Proceedings Article
Differentiation Strategy and Enterprise Sustainable Innovation-The Moderating Effect of Environmental Uncertainty
Deyun Xiao, Xueqi Huang
Competitive strategy determines the path for achieving sustainable innovation. This study, from the perspective of resource allocation, empirically explores the impact of differentiation strategy on sustainable innovation. The results reveal an “inverted U-shaped” relationship between differentiation...
Proceedings Article
Digital Transformation and Innovation Performance of High-Tech Enterprises
Zheng Ying, Cai Ting, Liu Fei
With the rapid development of digital economy, digital transformation strategy of enterprises has become a key way to enhance market competitive advantage. The high-tech enterprises listed in Shanghai and Shenzhen A-share markets from 2008–2022 are selected as sample cases, and the empirical analysis...
Proceedings Article
The Impact of Supply Chain Integration on Green Innovation Efficiency of Small and Medium-Sized Manufacturing Enterprises
Zidi Peng
At present, the problem of environmental pollution is becoming more and more serious. Recently, green supply chain is becoming a research hotspot for the purpose of ensuring the steady and healthy development of society and economy. In this context, based on the relevant data of CSMAR, the focus of this...
Proceedings Article
The Impact of Business Model Innovation on the Competitive Advantage of Enterprises: the Case Study of Technology Enterprises
Sijing Huang
This report explores the impact of business model innovation on the competitive advantages of technology companies. It aims to reveal the practical path of business model innovation and its impact on competitiveness through analysis of technology companies (such as Xiaomi and Apple). The research adopted...
Proceedings Article
Financial Technology and Innovation of Biomedical Enterprises
Yifan Bao
We discusses the influence of financial technology on the innovation of biomedical enterprises, and analyzes its mechanism. It is found that financial technology has significantly promoted the innovation activities of biomedical enterprises by reducing information asymmetry and financing constraints....
Proceedings Article
The Research on the Business Strategy of Chinese Retail Pharmacies from the perspective of Digital Transformation
Shaojie Fang
With the increasingly fierce competition in the pharmaceutical retail industry and the failure of medical reform to bring obvious “bonuses” to pharmacies, pharmaceutical retail enterprises have encountered new development opportunities with the aging population and the continuous innovation of new digital...
Proceedings Article
Research on Optimization Strategies for Business Information Systems Based on Artificial Intelligence
Danyang Liu
With the rapid development of artificial intelligence (AI) technology, business information systems (BIS) have become increasingly important in enterprise management. This paper explores the application of AI in BIS and, through an analysis of optimization strategies, proposes methods for using AI to...
Proceedings Article
The Impact of Financial Regulatory Policies on Corporate Governance Structures and Paths to Optimization
Meiran Wan
This paper examines the profound impact of financial regulatory policies on the structure and effectiveness of corporate governance, highlighting the challenges and optimization paths that arise from such regulations. The introduction sets the stage by discussing the historical evolution and necessity...
Proceedings Article
Pricing of Derivatives under Fintech Innovation: A Case Study of NVIDIA and SoFi
Zeyu Zhang
Financial technology is transforming derivative pricing. This article analyzes Nvidia and SoFi Technologies’ impacts. Nvidia’s AI computing boosts financial modeling, while SoFi’s platform improves derivative pricing efficiency and accuracy. The article outlines challenges and opportunities, analyzes...
Proceedings Article
Research on Accounts Receivable Management Problems of Hebei Shuaixing Household Appliances Manufacturing Co
Lu Tao, Dong Tong
With the prosperous development of China’s socialist market economy, the management of enterprise’s accounts receivable is getting more and more attention. However, with the fierce competition in the market, enterprises have to use the means of credit sales to expand the market demand and reduce the...
Proceedings Article
A Case Study of IPO Audit Risk Identification and Countermeasures Under the Registration System Based on Jiangsu Sainty Group
Yingbo Gao
The reform of the registration system signifies a reduction in the IPO threshold for firms, resulting in the advantages of fraudulent activities significantly outweighing the costs of such illicit actions. The CSRC’s transition from primary auditor to a covert regulatory role has placed the responsibility...
Proceedings Article
Explore the Influence of Strategic Emerging Industrial Policy on the New Quality Productivity of Enterprises
Ran Mo
Strategic emerging industries represent the direction of a new round of scientific and technological revolution and industrial transformation, and are crucial to cultivating new quality productivity and promoting high-quality economic development. This paper takes the seven industries involved in strategic...
Proceedings Article
ESG Rating Divergence and Exploratory Green Innovation for heavy-polluting Firms
Xiaonan Guo, Jiaxuan Ou
This paper examines the relationship between ESG rating divergence and firms’ green innovation using a sample of Chinese firms in the heavy-polluting firms from 2009 to 2022. It is found that ESG rating divergence significantly inhibits the level of exploratory green innovation of heavy-polluting firms....
Proceedings Article
Evaluating the Impact of ESG Ratings on Financial Performance: The Role of Corporate Youthfulness and Green Innovation in Chinese A-share Markets
Fengwen Zhang
The Environmental, Social, and Governance (ESG) rating framework serves as a crucial tool for assessing a corporation’s commitment to sustainable development. It encourages organizations to incorporate environmental, social, and governance considerations into their operations, thereby advancing responsible...
Proceedings Article
Corporate ESG Management and Brand Loyalty
Jingxuan Zhang, Zhaowei Deng
This paper aims to explore the complex relationship between corporate ESG (environmental, social and corporate governance) management and brand loyalty. Through literature review, this paper sorts out the historical context of corporate ESG development, and explores the impact of ESG management on brand...
Proceedings Article
Research on the Financial Risks of Small and Medium-sized Enterprises from the Perspective of Diversification Strategy and Countermeasures
Sicheng Lai
Under the background of global economy, small and medium-sized enterprises, as activists of market economy, are facing unprecedented opportunities and challenges. In order to enhance market competitiveness and expand business territory, many small and medium-sized enterprises have embarked on the road...
Proceedings Article
Research on the Mechanism of Entrepreneurship to Improve the Economic Quality of Enterprises
Wei Wang, Yingying Cao
This study focuses on the mechanism of entrepreneurship in improving the economic quality of enterprises. In-depth analysis of the connotation of entrepreneurship, including innovation, risk, integrity social responsibility, and other dimensions, and detailed elaboration of its positive impact on the...
Proceedings Article
Research on the Impact of Enterprise Digital Transformation on Financial Reporting Quality
Chengyue Fu
Amidst the surge of the digital economy, a pivotal strategy for enterprises to attain high-level development and gain market dominance focuses on digital transformation. Research into the efficacy of corporate governance during this transformation is gaining considerable notice. This investigation utilizes...
Proceedings Article
The Influence of High Involvement Work System on the Generation Z Employees’ Work Well-Being
Jinjin Gu
This paper explores the internal mechanism of how high involvement work systems influence Generation Z employees’ work well-being by integrating the extended self theory and self-determination theory. Taking Generation Z employees as the survey population, 301 valid questionnaires were collected, and...
Proceedings Article
Exploration of the Innovative Development Path of the Digital Music Industry: Based on A Case Study of Chinese Music Enterprises
Yulin Ma
This paper takes Chinese music enterprises as an example to deeply explore the innovative development path of the digital music industry. It reviews the development history, market status, competition pattern, development environment, and trends of the digital music industry. Analyzes the innovative...
Proceedings Article
Research on the Innovative Models of China’s Commercial Banks in Supporting “Hard-core” Sci-tech Innovation Enterprises
Yucheng Hu
“Hard-core” science and technology innovation enterprises are the cornerstones of invigorating the country through science and technology and strengthening the manufacturing sector. The start-up and development of “hard-core” science and technology innovation enterprises require substantial financial...
Proceedings Article
Research on the Impact of Management Tone on ESG Rating of Enterprises
Lina Liu, Xuemin Cui
As an evaluation criterion for enterprise green development and investment decisions, the ESG evaluation index has become a hot topic in China, and the tone of management can convey rich information and provide references for investors. Thus, it is extremely important to study whether management intonation...
Proceedings Article
A Study of Antecedent Grouping for Digital Transformation of Food Companies
Xianyun Wu, Qian Li, Chun Wan
The digital transformation of food enterprises is a general trend, which will inject new vitality into the development of the industry. It is of great significance to discuss how food enterprises realize digital transformation. This paper tries to construct the Technology-Organization-Environment framework...
Proceedings Article
Innovation Strategy of Enterprise Marketing Models in the New Media Market
Zhaoyun Li
With the continuous development of new media era and network technology, to a great extent, the impact to the enterprise. Enterprise marketing mode are also constantly changing, only in this way to keep up with the pace of The Times, to promote enterprise innovation and development. Therefore, in this...
Proceedings Article
Research on Carbon Management and Energy Transition of Shenzhen Enterprises Based on Multivariate Grey Prediction Model
Zihan Ma
This study focuses on the carbon management and energy transition of Shenzhen enterprises, using mathematical model as the core analysis tool. The dynamic relationship among energy consumption structure, carbon emission and related economic indicators is analyzed by multi-variable grey forecasting model....
Proceedings Article
Research on the Investment Demand of Fixed Assets and Investment Allocation Technology of Power Grid Considering the Project Category Structure
Shun Ma, Na Yu, Kai Hou
Power grid distribution of investment in fixed assets involves power grid infrastructure, small infrastructure, production and other technical upgrading, marketing, science and technology, informatization and other different business areas, investment scale and structure difference, complex driving elements,...
Proceedings Article
Research on the Comprehensive Evaluation Method of Investment Efficiency of Power Transmission and Transformation Project Based on DEA Theory
Jiawei Lin, Ying Wang, Ye Ke, Xuemei Zhu, Cong Zeng
As China’s economy continues to grow rapidly, the demand for electricity across society is steadily rising. Power transmission and transformation projects, as vital infrastructure for ensuring power supply, are critical to advancing social and economic progress while supporting the stable operations...
Proceedings Article
AI-Driven Economic Forecasting: Integrating Mathematical Modeling into Western Economics
Jiaji Yu, Haojin Zhang, Yangyang Chen, Aixu Zhang, Fengzhi Liu
The integration of artificial intelligence (AI) into economic forecasting is revolutionizing the field by providing more accurate and data-driven insights. This paper explores the convergence of AI with mathematical modeling within the context of Western economics. We present a novel AI-driven forecasting...
Proceedings Article
Analysis of Factors Influencing Consumer Purchasing Behavior of ESG-Related products
——Taking the purchases of organic food on HKTVMall, the Largest Local Online Shopping Platform in Hong Kong, as an example
Wenyu Zhao
The integration of Environmental, Social, and Governance (ESG) principles has significantly reshaped consumer behavior, particularly in the realm of sustainable consumption. Organic food, emblematic of ESG-aligned products, has garnered increasing consumer preference due to its eco-friendly production...
Proceedings Article
The Belt and Road Initiative: Transformation and Opportunities in Chinese Enterprises’ Investment Efficiency
Tongyuan Sun
Since its inception in 2013, the Belt and Road Initiative (BRI) has gradually become an important strategy for promoting economic cooperation between China and the countries along the BRI route. With the implementation of the policy, an increasing number of companies have become involved in the BRI,...
Proceedings Article
The Impact of Natural Disasters on Risk Preference in Financial Investment
Ziling Ren
This research examines the impact of natural disasters on risk preferences of financial investments, highlighting significant behavioral changes during such events. By utilizing a comprehensive dataset combining Peer-to-Peer (P2P) investment data in the United States from 2005 to 2008 with recorded natural...
Proceedings Article
An Empirical Analysis of Determinants Driving Hollywood Box Office Success
Siyi Wang
This study investigates the factors influencing Hollywood film revenue by utilizing a multiple linear regression analysis. The analysis considers variables such as production budgets, director characteristics, genre, release date, runtime, and audience ratings. The findings highlight significant predictors...
Proceedings Article
Research on Asset Allocation and Risk Management of Digital Cryptocurrencies Based on the GARCH Model
Yihao Liu
With the first wave of technological and industrial revolutions progressing at full steam, the global economy has undergone further in-depth adjustments. China’s financial system has now been further improved, with a particular emphasis on digitalization, intelligence, and diversification. Digital cryptocurrencies,...
Proceedings Article
Analyzing the Market Strategy of Domestic Middle and High-end Hotels in Recent Years by Taking Atour as an Example
Mengyu Huang
In recent years, with the economic recovery and the booming tourism industry, China’s mid-to-high-end hotel market has shown strong growth. This paper takes Atour Hotel as an example to analyze the evolution of domestic mid-to-high-end hotel market strategies. Through differentiated brand positioning,...
Proceedings Article
Comparative Analysis of Resilience Performance and Mechanisms in Wholesale Electricity Markets: U.S. and E.U. Response to Natural Gas Price Shocks During the 2022 Global Energy Crisis
Mingze Qin
The 2022 global energy crisis, triggered by soaring natural gas prices, severely impacted wholesale electricity markets, particularly in the E.U., where electricity prices surged drastically. This study compares the resilience of U.S. and E.U. wholesale electricity markets in responding to natural gas...
Proceedings Article
Investment suggestion of Volkswagen AG
Ce Zhou
At a time when electric vehicles continue to rise and competitors continue to emerge, people are concerned about the transformation of the old company Volkswagen Group and are curious about whether it can become an investment product. Therefore, this paper analyzes the investment of Volkswagen Group...
Proceedings Article
The Impact of Technical Barriers to Trade on China’s Agricultural Exports
Shengjie Liu
This paper investigates the impact of Technical Barriers to Trade (TBT) on China’s exports of refrigerated vegetables to the United States, utilizing the gravity trade model for analysis. With the rise of global economic integration, TBT has emerged as a significant non-tariff barrier, particularly affecting...
Proceedings Article
Efficiency and Distribution in Perfect Competition Markets: An Analysis Based on the Marginal Productivity Theory
Sicong Pan, Zihan Wang, Yunhan Wang, Qingyang Guan, Zhenyan Zhao, Fangyuan Zhao
This paper examines the efficiency and distribution in perfect competition markets through the lens of the Marginal Productivity Theory. It begins by outlining the theoretical framework of perfect competition and the foundational principles of the Marginal Productivity Theory. The study then highlighting...
Proceedings Article
The Research on the Marketing Strategies in China under the Background of Digital Economy
Siqi Zhang
In the context of the digital economy, China’s marketing strategy is undergoing unprecedented changes. Big data, artificial intelligence, blockchain, and other digital technologies are profoundly affecting the market behavior of enterprises and the purchasing decisions of consumers. These technologies...
Proceedings Article
Application of Big Data Analysis in Macroeconomic Models: A Case Study on Consumer Price Index (CPI) Forecasting
Zhentao Jiang, Hao Zheng, Yu Yan, Xinyue Zhang, Zhe Wang
Investigating the synergy between big data analysis and machine learning within the realm of macroeconomic modeling, the study delves into the forecasting of the consumer price index (CPI). It underscores the importance of harnessing high-dimensional data to develop machine learning models that are not...
Proceedings Article
The Market Entry of Fintech Companies and the Integration of Corporate Law and Financial Regulation
Meiran Wan
The advent of financial technology (fintech) has introduced a new dimension to the financial services industry, challenging traditional models and demanding a reassessment of the existing corporate law and financial regulatory frameworks. This paper delves into the intricacies of fintech market entry,...
Proceedings Article
Application of Large Models in the Financial Field
Jiayi Liang
This article discusses the application status, challenges and future prospects of large models in financial field. Large model, as a deep learning model with many parameters, has already achieved remarkable results in many areas like speech recognition, image processing and natural language processing...
Proceedings Article
The Impact of the COVID-19 Pandemic on Financial Investment Risk Preferences: A Regression Analysis
Jiaming Chen
This paper employs a OLS regression analysis to investigate the impact of the pandemic on financial investment risk preferences, focusing on borrowing trends and credit behaviors in the U.S. Using data from five key U.S. states (California, Texas, New York, Florida, Illinois), we analyze how changes...
Proceedings Article
Research on Investment Decision making for Flexibility Transformation of Thermal Power Units Based on Fuzzy Real Options
Runsheng Ma, Zhengwei Wang, Shengyun Ju, Wenjie Zhu, Zijin Jiao, Jialin Wu
The flexibility transformation of thermal power units is of great significance in regulation, and thus it is crucial to study its economic evaluation. Traditional investment decision-making methods often neglect the uncertainty factors that are difficult to precisely quantify during the evaluation process....
Proceedings Article
Analysis of the Time Span of MNEs’ Re-entry into Exited Markets: The Impact of Internal and External Factors
Di Dong
Multinational Enterprises (MNEs) determine their international strategies and long-term competitiveness based on market exits and re-entries in global markets. The time span between a market exit and re-entry varies across MNEs. This study explores the main internal and external factors influencing the...
Proceedings Article
The Impact of Coordinated Development of Two-Way Foreign Direct Investment on Green Total Factor Productivity
Yong Tao
After in-depth analysis and comprehensive evaluation of existing studies on the impact of two-way foreign direct investment (FDI) and innovation-driven strategies on China’s green total factor productivity (GTFP), this study adopts the Slacks Based Measure (SBM) directional distance function model that...
Proceedings Article
Residential Energy Storage System (RESS) Market Analysis and Business Simulation
Anfeng Xie
Renewable energy has been growing more than ever before due to commitments and trends to reach net zero and to ameliorate today’s environmental crisis. Nonetheless, the amount of electricity generated by some forms of renewable energy, such as solar and wind, fluctuates with weather. Hence, energy storage...
Proceedings Article
Research on the Modes, Advantages and Implementation Strategies of Inventory Sharing between Online Stores and Offline Stores
Kai Liu
With the vigorous development of e-commerce and the continuous transformation of physical retail, the multi-channel sales model of the coexistence of online stores and offline stores has become the choice of many enterprises. However, inventory management faces many challenges in this multi-channel environment,...
Proceedings Article
Study on the Stock Delisting Mechanism Triggered by a Share Price Falling Below 1 dollar
Huiru Zhang, Binran Liu, Faduan Chen
As the development and improvement of China’s capital market, the system of “mandatory delisting for stocks with a par value below one dollar” has played a significant role as an important market purification mechanism in promoting survival of the fittest. This article first reviews the historical background...
Proceedings Article
A Study of ChatGPT Continuous Usage Intention Based on Random Forest and SMOTE Algorithms
Jiarui Fan
Today, we have transcended the traditional information age and shifted to the era driven by artificial intelligence. And the technology of domestic large language models such as Wenxin Yiyan is still maturing, and global user adoption is still relatively low. To further develop and enhance domestic large...
Proceedings Article
Assessing the Impact of ESG Performance on Financial Outcomes: Risk and Innovation as Moderating Factors in China’s A-Share Market
Zixiang Xu
The evaluation of Environmental, Social, and Governance (ESG) criteria represents a critical strategic decision for corporations amidst the global trend towards sustainable development. As China transitions from a planned economy to a socialist market economy characterized by market predominance, the...
Proceedings Article
The Impact of Gender Role Congruence on Consumers’ Purchase Intentions: A Chained Mediating Role of Warmth and Self-Brand Connection
Fangxiao Yin
The selection of brands by consumers is shaped not merely by the inherent attributes of the brand but also by the individual’s self-concept. This study, grounded in the Brands as Intentional Agents Framework and Self-Concept Congruence Theory, delves into the mechanism through which the congruence between...
Proceedings Article
Research on the Impact of Vanke’s Shareholding Structure on Investment Efficiency
Yuxin Jiang
In recent years, with the rapid development of China’s economy, the investment behavior of China’s listed companies has developed in the direction of qualitative change, and the investment behavior of high efficiency and high quality has been pursued. Equity structure is also the key factor affecting...
Proceedings Article
Research on ESG Audit Information Disclosure in the Coffee Industry——Taking Starbucks Coffee as an Example
Jinyu Yang
ESG (Environment, Social and Governance) is a new investment concept, aiming to measure the performance of enterprises by evaluating their non-financial performance [1]. To better assess these indicators, ESG audits have emerged, which can help third-party institutions review and verify the performance...
Proceedings Article
Research on the Influence of Ritual Consumption on Brand switching Behavior: Based on the Perspective of Self-expansion
Zhilong Zhou, Suyuan Wang, Chuangye Li, Mengting Luo
Currently, brands are facing increasingly fierce competition, and rituals have become an important method for brands to create positive feelings among consumers. In order to establish long-term relationships between brands and consumers, one issue needs to be addressed: Can rituals enhance consumer-brand...
Proceedings Article
Does Institutional Investor Shareholding Enhance Firms’ True ESG Performance? ——A Study Based on Negative ESG Events of Shanghai and Shenzhen A-share Listed Companies
Guohui Hu, Qian Cheng
Investors’ focus on corporate sustainability has fuelled the rapid development of ESG ratings, and many scholars use ESG ratings as a measure of corporate ESG performance. However, there is some controversy about whether ESG ratings based on enterprises’ self-disclosed ESG reports can represent enterprises’...
Proceedings Article
The Impact of Green Consumption Values on Green Purchasing Behavior
Mingfang Li, Zitong Liu
Green purchasing behavior is regarded as the key path to achieve green consumption. How to stimulate consumers’ green purchasing behavior and promote the generation of green consumption habits is one of the problems that need to be solved in the field of green consumption. Based on the consumption value...
Proceedings Article
The Impact of Local Government Competition on the Vulnerability of Science-Finance Coupling
Yanbo Xiong
This article uses the entropy method to construct a comprehensive evaluation index for the vulnerability of the provincial-level technology finance coupling system in China from 2008 to 2021. On this basis, the fixed effects model and spatial Durbin model were used to empirically analyze the local effects...
Proceedings Article
Analysis of the Sustainable Development Path and Influencing Factors of Social Entrepreneurial Enterprises
Weixuan Yu
This paper aims to explore the path selection and influencing factors faced by social entrepreneurial enterprises in the process of realizing sustainable development. As an emerging force to promote social progress and solve social problems, the sustainable development of social entrepreneurial enterprises...
Proceedings Article
The Fluctuation of International Crude Oil Prices, Uncertainty in Global Economic Policies and Uncertainty in China’s Foreign Trade Policies
Xingjian Yao
Crude oil is a crucial resource for industries, and its price fluctuations directly impact the global economy and international trade, drawing significant international attention. This study, based on the TVP-VAR model, employs impulse response analysis and variance decomposition to dynamically capture...
Proceedings Article
The Role of ESG Ratings in Shaping Chinese Commercial Banks’ Performance: Empirical Evidence
Honglin Wang
With the growing global emphasis on sustainable development and social responsibility, environmental, social and governance (ESG) ratings have emerged as critical metrics for evaluating commercial banks’ operating performance. This study uses panel data spanning 2009 to 2022 from large state-owned and...
Proceedings Article
Vulnerability assessment of Chinese traditional manufacturing enterprises based on PSR model
Shuhan Cao
The more vulnerable an enterprise is, the more likely it is to face a development crisis. This paper, using the PSR framework, designs a “pressure-state-response” vulnerability assessment index system for traditional manufacturing enterprises and analyzes data from 2016 to 2023. Key findings include:...
Proceedings Article
An Analysis of the Predictive Ability of ARIMA-GARCH Models on the S&P 500 Index During the 2008 Financial Crisis and the 2020 COVID-19 Pandemic
Kexin Jin
With the increasing volatility of global financial markets, effectively predicting market trends and managing potential risks has become an important issue in financial risk management and investment decisions. This paper evaluates the forecasting ability of the ARIMA-GARCH model for the logarithmic...
Proceedings Article
Research on the Development and Governance of the Street-stall Economy Driven by Folk Culture
- Taking Xiangyuan County in Southeastern Shanxi Province as An Example
Wenyuan Li
Followed the acceleration of urban economic growth and urbanization in southeastern Shanxi, street-stall economy has been rapidly expanding in terms of scale. However, a single economic factor cannot fully explain the development of street-stall economy, thus making a new path for street-stall economy...
Proceedings Article
The Impact Path and Analysis of Financial Services on the Development of the Real Economy from the Perspective of Global Value Chain
Lihao Shen
This article explores the impact of financial services on the high-quality development of the real economy from the perspective of the global value chain. It points out that in the context of global economic integration and deepening value chain division of labor, financial services have significantly...
Proceedings Article
Research and Practice on Rational Preparation of Purchasing Demand of University Experimental Equipment
Zhe Zhao, Yulin Chen
With the national high level of science and technology self-reliance as a strategic support for national development, the higher financial departments increased the investment of special funds for local university laboratories during the “14th Five-Year Plan”, and university laboratories developed rapidly....
Proceedings Article
Research on Performance Evaluation of Chinese Ports in the “Belt and Road” Region
Quan Dai, Yingtejia Fulati, Yuhao Ge, Yulin Cao
Based on the financial data of Chinese major ports in the “Belt and Road” in 2023, this paper analyzes the total assets, liabilities, owner’s equity, operating income, operating profit, net profit and other financial indicators of the ports, and calculates and analyzes the economic value-added of the...
Proceedings Article
Research on the Optimization Strategy of Carbon Quota Allocation Based on the Goals of Carbon Peaking and Carbon Neutrality
Qiyue Ma, Jieyu Zheng, Xuefeng Zhang
Carbon quota allocation is a key part of China’s efforts to realize carbon emission reduction. How to rationally allocate carbon quotas to maximize the benefits between government and enterprises is the research objective of this paper. In this paper, by constructing a static game model between the government...
Proceedings Article
Discussion on the Problems of Individual Income Tax Collection and Administration
Qing Gu
China has already achieved the first hundred years’ goal, and has now started a new journey towards the second hundred years’ goal. In line with the development mission of the new era and the goal of realizing the common wealth of all the people, the problem of personal income tax collection and management...
Proceedings Article
The Relationship between City Size and Income in China
Xiangyu Ji, Tianqing Zheng
Urbanization is a key driver of economic growth, and its effects on income have garnered significant academic attention, particularly in relation to agglomeration effects. This paper examines the relationship between urbanization and wages using data from the 2018 Chinese Family Panel Studies (CFPS)....
Proceedings Article
The Configuration Path of High-Quality Development of Digital Economy from the Perspective of Government Governance
——An Empirical Analysis Based on NCA and fsQCA
Chuanli Wei, Tiantian Song
The digital economy as an important force for promoting high-quality development, cannot develop without effective government governance. What kind of government governance can effectively promote the development of a digital economy remains to be revealed. This paper analyzes the influencing factors...
Proceedings Article
National Audits and New Quality Productivity Coupling for Harmonized Development
Mingyang Han
With the economic transformation and scientific and technological innovation, the new quality productivity becomes the key to economic growth, and the state audit is crucial in this process, exploring the synergistic and interactive relationship between the two is an important issue to be urgently solved...
Proceedings Article
China’s New-Quality Productive Forces Facilitate the Improvement and Enhancement of Economic Quality
Chuanli Wei, Yangyang Bi
The new quality productivity was first proposed in September 2023 and was subsequently officially written into the central documents. In 2024, the new quality of productivity was written into the government work report for the first time, and the relevant decisions of the Central Economic Work Conference...
Proceedings Article
The Role of Unilateral Tax Incentives in Africa in the Context of ‘One Belt, One Road’ As A Driver of Quality Development
Qichao Zhang, Kai Li, Weiyi Zhou
This paper examines the impact of China’s unilateral tax incentives for African countries on their high-quality development in the context of the Belt and Road Initiative. By analyzing the policy background, objectives and current situation, the paper discusses the role of tax incentives in promoting...
Proceedings Article
Digital Development, Intellectual Property Protection, and the Performance of Cultural Industry
Yujie Ding, Jun Zhou
In the era of digital economy, digital technology is constantly penetrating the cultural industry, driving it forward significantly. Meanwhile, intellectual property protection plays an important role in the development of the cultural industry driven by digital technology. This study selects the panel...
Proceedings Article
Research on the Current Situation and Influencing Factors of Labor Participation of the Elderly in Shanghai
Zhiyuan Hu
In the context of Shanghai having entered a severely aging society, this article collates and analyzes the current status of the elderly population in Shanghai and the data on the labor participation rate of the elderly. It is discovered that the degree of aging in Shanghai is relatively high across...
Proceedings Article
Rising Power and the Balance of International Order
The Beijing Consensus’s Presuppositional Transcendence, Institutional Advantages and Systemic Optimisation of the Washington Consensus
Wen Feng
The ‘Washington Consensus’, as the signature concept of neoliberalism in the wave of globalisation, has been widely discussed and practised around the world since it was put forward in the late 1980s and early 1990s. Its core ideas include the advocacy of market liberalisation, trade liberalisation,...
Proceedings Article
The Development of Digital Economy, Agricultural Servitization and The Growth of Farmers’ Income
Wenqian Wang, Jun Zhou
The digital economy has a significant impact on increasing farmers’ income, and the development of the digital economy promotes the growth of farmers’ income to a certain extent through the mediating variable of agricultural servitization. Based on panel data from 30 provinces, the article constructs...
Proceedings Article
Local Government Debt: Its Positive Role and Potential Problems
Jiayue Yang
Local government debt is the debt formed by local governments to raise funds for infrastructure projects, including direct borrowing, arrears bond guarantees, etc. Its scale depends on the decision-making and management efficiency of local governments. It plays a key role in driving regional economic...
Proceedings Article
Can Limited Interaction Enhance User Participation in Innovation? Evidence from Innovation Communities on E-commerce Platforms
Haiqing Hu, Xiao Chen
Interaction is a crucial factor affecting user participation in innovation within innovation communities. Considering reducing interaction difficulty and enhancing interaction efficiency, limited interaction is applied in e-commerce platform innovation communities. However, whether and how limited interaction...
Proceedings Article
Tax Administration in the Era of Digital Economy
Mingzhi Liu
In order to The digital economy, characterized by its intangibility, concealment, and fluidity, poses significant challenges to traditional tax administration In response, various solutions such as the OECD’s dual-pillar model and the digital tax model of European countries have been proposed. China...
Proceedings Article
Analysis of the Mechanism and Implementation Path of New Quality Productivity Driving High-Quality Development of Regional Economy
Fuyan Hong, Wanru Yu
This paper focuses on the key role of new-quality productivity in the high-quality development of the regional economy and deeply analyzes its driving mechanism, covering aspects such as innovation leadership, industrial reshaping, factor integration, and green synergy. At the same time, it discusses...
Proceedings Article
Research on the Coupled and Coordinated Development of Digital Economy and Rural Revitalization
Zhixin Li
Based on the panel data of 31 provinces in China from 2017 to 2022, this paper constructs the index system of digital economy and rural revitalization, uses the entropy value method to measure the integrated value of digital economy and rural revitalization, uses the coupling coordination model to calculate...
Proceedings Article
The Impact of Circuit Courts on Corporate Social Responsibility: Evidence from China’s Listed Companies
Yaxing Tian
In certain areas, local government or external influence in judicial processes continues, and legal control is markedly inadequate. Such occurrences impede firms in meeting their social responsibilities, particularly in regions with limited legal enforcement, complicating the regulation of corporate...
Proceedings Article
Research on the Efficiency of Forestry Ecological Economic Development in China
Nan Zhou
The efficient development of forestry is one of the important measures to achieve sustainable ecological, economic and social development in China. In order to promote the development of forestry, the Chinese government’s investment in forestry has increased year by year. In this paper, the DEA evaluation...
Proceedings Article
Study on the Contribution of Industrial Parks to the Scale of Territorial Economy
--Taking Suzhou National Hi-Tech District as an Example
Yuping Zhou, Tingyu Hou
Industrial parks are crucial drivers for promoting coordinated economic development in China and participating in the global value chain. As regional economic growth poles, their contribution to the local economic scale is significant. This paper analyzes the path of industrial parks to influence the...
Proceedings Article
Theoretical System of Professional Collaboration in Ultra High Voltage Engineering Construction
Liyu Xia, Jiaping Han, Guangrui Tang
Modern management theory guides the construction of power grid engineering, which not only helps to improve the efficiency and quality level of power grid engineering construction, but also optimizes resource allocation, reduces costs, and promotes technological innovation. The goal should be to promote...
Proceedings Article
Research on The Evaluation and Improvement Strategies of High Quality Development Level in Chengdu Metropolitan Area
Yanjie Wen, Shurong Cai, Xiaoqian Liu, Yanling Zhang
In the new economic development situation, it is of great significance to scientifically evaluate the high-quality development level of Chengdu metropolitan area for promoting regional coordinated development. This paper constructs the evaluation system of high-quality development of Chengdu metropolitan...
Proceedings Article
Cargo Volume Forecasting Analysis Based on Simulated Annealing Algorithm and SARIMA Modeling
Saiyang Zhang
This study uses an integrated SARIMA model and a simulated annealing algorithm dedicated to exploring the forecasting of goods sales and inventory levels in the e-commerce industry, as well as the optimization of warehouse allocation strategies. First, this paper uses a composite model based on coupled...