What type of entrepreneurial spirit is needed for China’s new era,and how can we unlock its innovation potential?Answers to these questions will unleash vital forces to drive China’s high-quality economic developmen...What type of entrepreneurial spirit is needed for China’s new era,and how can we unlock its innovation potential?Answers to these questions will unleash vital forces to drive China’s high-quality economic development.After reviewing the theories,dimensions,features,and limitations of the entrepreneurial spirit in the Western context,we concluded that the entrepreneurial spirit in China’s new era,which is characterized by patriotism,innovation,trustworthiness,adherence to the law,fulfillment of social responsibilities,and a global horizon,has overcome the limitations that come with self-interested entrepreneurship in the context of Western economics.This is a major step forward in the development of theories on entrepreneurial spirit.In the development context of the new era,this paper argues that the entrepreneurial spirit should become an important force at the individual level to implement the new development concept,foster the new development paradigm,and promote high-quality development in the new stage.This paper provides answers to the question of what type of entrepreneurial spirit China’s new era requires.Finally,this paper presents basic strategies for cultivating entrepreneurial spirit in the context of China’s new era,emphasizing the importance to promote the healthy growth of young entrepreneurs,ensure their business autonomy,develop a multi-tiered capital market,implement the factor market reforms,improve the business climate,and accelerate the digital transition.展开更多
At present,with the steady development of the global economy,more and more countries begin to pay attention to the impact of ecological environment on economic development and human society,so the ecological environme...At present,with the steady development of the global economy,more and more countries begin to pay attention to the impact of ecological environment on economic development and human society,so the ecological environment has become a global issue that cannot be ignored in today’s era.Therefore,from the perspective of the ecological philosophy of Diversity&Harmony as well as Interaction&Co-existence,this paper will conduct ecological discourse analysis on the Energy in China’s New Era based on the transitivity system of systemic-functional grammar,and use the Corpus analysis software UAM Corpus Tool 3.3x to label and make statistics on the transitivity system,aiming to explore the distribution characteristics of the transitivity system in this white paper.Through the transitivity analysis of the white paper,this study helps readers to have a deeper understanding of the positive significance contained in the white paper.To a certain extent,it enables readers at home and abroad to understand China’s stance on energy issues and the positive image of China in energy ecology.It also awaken readers’awareness of environmental protection and acquire good habits of resource conservation to be in harmony between human and nature for sustainable development.展开更多
This article will firstly discuss the context overview of English teaching and learning in China. Under thiscircumstance, a problematic element will be examined of the New Senior English for China Student’s Book 1 an...This article will firstly discuss the context overview of English teaching and learning in China. Under thiscircumstance, a problematic element will be examined of the New Senior English for China Student’s Book 1 and critical appraisal ofhow this element relates to other elements of curriculum development will be analyzed. The recommended changes and demonstrationmechanisms for evaluating the changes are put forward in the last two parts.展开更多
Nine species of Prionospio complex are recorded from China＇s waters,including one new species and six newly recorded species.Prionospio（Prionospio） pacifica sp.nov.,is characterized by having first and forth pairs ...Nine species of Prionospio complex are recorded from China＇s waters,including one new species and six newly recorded species.Prionospio（Prionospio） pacifica sp.nov.,is characterized by having first and forth pairs of branchiae pinnate,second and third pairs of apinnate,ventral crest on Setiger 9 and dorsal crests on Setigers 10-25.Apoprionospio kirrae（Wilson,1990）,Prionospio（Aquilaspio） convexa Imajima,1990,Prionospio（Minuspio） multibranchiata Berkeley,1927,Prionospio（Prionospio） bocki Sderstrm,1920,Prionospio（Prionospio） dubia Maciolek,1985 and Prionospio（Prionospio） paradisea Imajima,1990 are recorded for the first time from China＇s waters.展开更多
Three new species of Batrachospermum Roth (Batrachospermales, Rhodophyta) from China are described in this paper. B. yunnanense sp. nov. has long-cylindrical trichogynes with long stalks and is diagnostic of section V...Three new species of Batrachospermum Roth (Batrachospermales, Rhodophyta) from China are described in this paper. B. yunnanense sp. nov. has long-cylindrical trichogynes with long stalks and is diagnostic of section Virescentia. Within this section, B. yunnanense is similar to B. helminthosum Bory emend. Sheath et al., but it is dioecious and has curved carpogonial branches, while the latter is monoecious and has straight carpogonial branches. It is also similar to B. transtaganum Reis, but it differs from the latter in long carpogonia, big carposporophytes and carposporangia. It is considered that B. nothocladoideum sp. nov. is assigned to section Contorta, subsection Kushiroense, because its carpogonial branches are twisted and gonimoblast filaments are loosely agglomerated. This new species similar to B. iriomotense Kumano, but with short fascicles, long-ovoid or subpyriform cells, numerous terminal hairs, long-ellipsoid trichogynes, big carposporophytes and small carpo- sporangia. The plant is quite tough and cartilaginous and similar to Nothocladus in gross morphology, but its carposporophytes are compact instead of diffuse. This shows that it may be a transitional species between section Contorta and genus Nothocladus. So, B. transitorium sp. nov. should belong to section Contorta, subsection Kushiroense, because of its curved or twisted carpogonial branches and loosely agglomerated gonimoblast filaments, with globose or subglobose cells in fascicles similar to B. spermatiophorum Vis et Sheath, but no colourless spermatiophores. In terms of small and numerous carposporophytes, B. transitorium sp. nov. is similar to some species of section Batrachospermum. However, their other features are unique, indicating its transitional nature between section Contorta and Batrachospermum.展开更多
China＇s Rural Cooperative Medical System collapsed alongside communal farming at the end of the Maoist period in 1976, leaving most farmers vulnerable[1]. In rural areas, where 80% of people have been without health ...China＇s Rural Cooperative Medical System collapsed alongside communal farming at the end of the Maoist period in 1976, leaving most farmers vulnerable[1]. In rural areas, where 80% of people have been without health insurance of any kind, illness has emerged as a leading cause of poverty[24]. To address the poor state of health care among the rural population, in 2003 the Chinese government launched the New Rural Cooperative Medical System （NCMS）,展开更多
“China’s Human Rights Science”is undoubtedly a brand-new concept.Just as China has its own philosophy,literature,history,law,political science,and sociology,it should also have its own human rights science.China’s...“China’s Human Rights Science”is undoubtedly a brand-new concept.Just as China has its own philosophy,literature,history,law,political science,and sociology,it should also have its own human rights science.China’s Human Rights Science refers to the cognitive science of human rights in China.Developing its disciplinary system,academic system,and discourse system,and constructing an independent Chinese human rights knowledge system,are essential requirements for promoting the great rejuvenation of the Chinese nation through Chinese modernization and creating a new form of human civilization.China’s Human Rights Science originated in China,grew in China,and deepened through China’s human rights practices.China’s Human Rights Science adhere to the universality of human rights principles and possess distinctive characteristics.It works as the knowledge-based organization,academic refinement,and theoretical expression of the path of human rights development that conforms to the trend of the times and suits China’s national conditions,as pursued by the Communist Party of China in leading the people.China’s Human Rights Science can enrich and develop the theory of human rights civilization,and should become a global public product of human rights.展开更多
Adjustment of Basle Capital Agreement will influence the risk management and capital arrangement demand of the banks with different scales, operation level and environment. It will have widespread and profound effect ...Adjustment of Basle Capital Agreement will influence the risk management and capital arrangement demand of the banks with different scales, operation level and environment. It will have widespread and profound effect on the competition strength of every country＇s banks in the global market. Starting with illustration of the present cond（tion of risk management in China＇s banks, the paper analyzes the major problems existing in the risk management system of China＇s banking industry, then puts forward some clues and suggestions to improve and better the risk management system of China＇s banking industry.展开更多
The Iraq war and the North Korean nuclear crisis are the two big events that are attracting worldwide attention. The many debates and changes that have arisen around the globe from these two issues, with the former in...The Iraq war and the North Korean nuclear crisis are the two big events that are attracting worldwide attention. The many debates and changes that have arisen around the globe from these two issues, with the former in particular, cannot but cause展开更多
In recent years,China’s catering sector has experienced profound changes in terms of industrial scale and management level,showing a favorable development momentum with steadily expanding industrial scale,optimizing ...In recent years,China’s catering sector has experienced profound changes in terms of industrial scale and management level,showing a favorable development momentum with steadily expanding industrial scale,optimizing market structure,complete categories,various brands,more standardized industrial management and upgrading service quality.展开更多
Stimulated by the continuous opening-up strategy and strong domestic demand,China s consumption market has become an important growth pole for the global market.China’s import consumption market has ushered in innova...Stimulated by the continuous opening-up strategy and strong domestic demand,China s consumption market has become an important growth pole for the global market.China’s import consumption market has ushered in innovation driven by technology,and new import models represented by cross-border e-commerce have strengthened ties between China and other countries around the world.展开更多
Speaking of "China’s foreign policy under new circumstances," there are five features of the new circumstances in my opinion. All these five features will not fundamentally change in accordance with major e...Speaking of "China’s foreign policy under new circumstances," there are five features of the new circumstances in my opinion. All these five features will not fundamentally change in accordance with major events such as the Iraq war, and to a certain extent, determine that China’s basic foreign policy need not and will not make major adjustments.展开更多
Under the guidance of Deng Xiao-ping’s strategic think-ing of openning to the outside world, the structure of om-nibearing openness has basically taken shape in China. Follow-
It is learned from the 2013 Summit Forum on Strategic Development of Coal-to-Natural Gas in China that the China Sedin Engineering Company,Ltd.has developed with independent intellectual property rights two experiment...It is learned from the 2013 Summit Forum on Strategic Development of Coal-to-Natural Gas in China that the China Sedin Engineering Company,Ltd.has developed with independent intellectual property rights two experimental furnaces for pressurized gasification of crushed coal,5 m展开更多
The estimation of the difference between the new competitive advantages of China’s export and the world’s trading powers have been the key measurement problems in China-related studies.In this work,a comprehensive e...The estimation of the difference between the new competitive advantages of China’s export and the world’s trading powers have been the key measurement problems in China-related studies.In this work,a comprehensive evaluation index system for new export competitive advantages is developed,a soft-sensing model for China’s new export competitive advantages based on the fuzzy entropy weight analytic hierarchy process is established,and the soft-sensing values of key indexes are derived.The obtained evaluation values of the main measurement index are used as the input variable of the fuzzy least squares support vector machine,and a soft-sensing model of the key index parameters of the new export competitive advantages of China based on the combined soft-sensing model of the fuzzy least squares support vector machine is established.The soft-sensing results of the new export competitive advantage index of China show that the soft measurement model developed herein is of high precision compared with other models,and the technical and brand competitiveness indicators of export products have more significant contributions to the new competitive advantages of China’s export,while the service competitiveness indicator of export products has the least contribution to new competitive advantages of China’s export.展开更多
Four Changes in World EconomyFirst,a new round of global economic growth is under way.In 2000,oil pricerose rapidly,stoek markets and exchange rates remained volatile and interestrates went up.All these disadvantages ...Four Changes in World EconomyFirst,a new round of global economic growth is under way.In 2000,oil pricerose rapidly,stoek markets and exchange rates remained volatile and interestrates went up.All these disadvantages did not undermine the foundations of worldeconomy,and the average growth rate of global gross domestic product(GDP)展开更多
The value-added output of new industries,new types of business and new business models accounted for 15.7% of China’s GDP last year,up 0.4% from2016,the National Bureau of Statistics(NBS)said recently.
Under the dual pressures of energy crisis and environmental pollution,China’s new energy power industry has become a focal point for environmental management and requires greater investment.In this context,as a signi...Under the dual pressures of energy crisis and environmental pollution,China’s new energy power industry has become a focal point for environmental management and requires greater investment.In this context,as a significant input of investment projects,discount rate requires a well-calibrated evaluation because new energy power investment projects are highly capital intensive.The main objective of this paper is to evaluate the discount rate of China’s new energy power industry.First,we use Moving Average to correct the parameters of capital asset pricing model(CAPM)and weighted average cost of capital,which extends the literature on the avoidance of CAPM noise information problem.Second,we study the industry-level annual discount rates of mainly China’s new energy power industries,including hydropower,nuclear power,wind power,and photovoltaic power industries for the period of 2014-2019.The results show that discount rates in China’s new energy power industries evolved differently between the years of 2014-2019 with average annual discount rates being 7.56%,5.83%,5.60%,and 8.64%,for the hydropower,nuclear power,wind power,and photovoltaic power industries,respectively.In 2019,the four annual discount rates were highest for the photovoltaic power industry(8.66%),followed by hydropower(7.17%),wind power(5.72%),and nuclear power industry(5.26%).Forecasting to 2020 from the 2019 evaluation base period,the discount rates are 6.37%,5.00%,6.57%,and 9.05%for the photovoltaic power,hydropower,wind power,and nuclear power industries,respectively.Under the different capital structures,their forecasts for the photovoltaic power,hydropower,wind power,and nuclear power industries in 2020 are,respectively,within[4.35%,9.24%],[3.92%,7.10%],[4.58%,10.40%],[5.46%,14.81%].We also discussed more details on capital structure and forecast period of discount rates for China’s new energy power industries.Our analysis shows that it is necessary to establish a new energy power industry database and steadily promote the implementation of policies.展开更多
The volume of e-commerce trade is surging, mobile payment is taking over the world, and the sharing economy is a worldwide phenomenon. In recent years, China has made remarkable achievements in the digital economy dom...The volume of e-commerce trade is surging, mobile payment is taking over the world, and the sharing economy is a worldwide phenomenon. In recent years, China has made remarkable achievements in the digital economy domain, which has garnered attention from a wide range of sources.展开更多
It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced tec...It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced technology andmanagement methods and expand the export-oriented economy. Since 1992, 18 otherdevelopment zones have been approved bythe Council, increasing the number of suchzones to 32.展开更多
基金supported by the General Project of the National Social Science Fund of China(NSSFC)(Grant No.23BJY049)the General Project of Philosophical and Social Planning for Gansu Province(Grant No.2022YB007)+1 种基金the Fundamental Research Funds for the Central Universities(Grant No.21lzujbkydx028)National Statistical Science Research Key project(Grant No.2024LZ013).
文摘What type of entrepreneurial spirit is needed for China’s new era,and how can we unlock its innovation potential?Answers to these questions will unleash vital forces to drive China’s high-quality economic development.After reviewing the theories,dimensions,features,and limitations of the entrepreneurial spirit in the Western context,we concluded that the entrepreneurial spirit in China’s new era,which is characterized by patriotism,innovation,trustworthiness,adherence to the law,fulfillment of social responsibilities,and a global horizon,has overcome the limitations that come with self-interested entrepreneurship in the context of Western economics.This is a major step forward in the development of theories on entrepreneurial spirit.In the development context of the new era,this paper argues that the entrepreneurial spirit should become an important force at the individual level to implement the new development concept,foster the new development paradigm,and promote high-quality development in the new stage.This paper provides answers to the question of what type of entrepreneurial spirit China’s new era requires.Finally,this paper presents basic strategies for cultivating entrepreneurial spirit in the context of China’s new era,emphasizing the importance to promote the healthy growth of young entrepreneurs,ensure their business autonomy,develop a multi-tiered capital market,implement the factor market reforms,improve the business climate,and accelerate the digital transition.
文摘At present,with the steady development of the global economy,more and more countries begin to pay attention to the impact of ecological environment on economic development and human society,so the ecological environment has become a global issue that cannot be ignored in today’s era.Therefore,from the perspective of the ecological philosophy of Diversity&Harmony as well as Interaction&Co-existence,this paper will conduct ecological discourse analysis on the Energy in China’s New Era based on the transitivity system of systemic-functional grammar,and use the Corpus analysis software UAM Corpus Tool 3.3x to label and make statistics on the transitivity system,aiming to explore the distribution characteristics of the transitivity system in this white paper.Through the transitivity analysis of the white paper,this study helps readers to have a deeper understanding of the positive significance contained in the white paper.To a certain extent,it enables readers at home and abroad to understand China’s stance on energy issues and the positive image of China in energy ecology.It also awaken readers’awareness of environmental protection and acquire good habits of resource conservation to be in harmony between human and nature for sustainable development.
文摘This article will firstly discuss the context overview of English teaching and learning in China. Under thiscircumstance, a problematic element will be examined of the New Senior English for China Student’s Book 1 and critical appraisal ofhow this element relates to other elements of curriculum development will be analyzed. The recommended changes and demonstrationmechanisms for evaluating the changes are put forward in the last two parts.
文摘Nine species of Prionospio complex are recorded from China＇s waters,including one new species and six newly recorded species.Prionospio（Prionospio） pacifica sp.nov.,is characterized by having first and forth pairs of branchiae pinnate,second and third pairs of apinnate,ventral crest on Setiger 9 and dorsal crests on Setigers 10-25.Apoprionospio kirrae（Wilson,1990）,Prionospio（Aquilaspio） convexa Imajima,1990,Prionospio（Minuspio） multibranchiata Berkeley,1927,Prionospio（Prionospio） bocki Sderstrm,1920,Prionospio（Prionospio） dubia Maciolek,1985 and Prionospio（Prionospio） paradisea Imajima,1990 are recorded for the first time from China＇s waters.
基金Project No. 30270119 and 39899400 supported by the National Nature Science Foundation of China.
文摘Three new species of Batrachospermum Roth (Batrachospermales, Rhodophyta) from China are described in this paper. B. yunnanense sp. nov. has long-cylindrical trichogynes with long stalks and is diagnostic of section Virescentia. Within this section, B. yunnanense is similar to B. helminthosum Bory emend. Sheath et al., but it is dioecious and has curved carpogonial branches, while the latter is monoecious and has straight carpogonial branches. It is also similar to B. transtaganum Reis, but it differs from the latter in long carpogonia, big carposporophytes and carposporangia. It is considered that B. nothocladoideum sp. nov. is assigned to section Contorta, subsection Kushiroense, because its carpogonial branches are twisted and gonimoblast filaments are loosely agglomerated. This new species similar to B. iriomotense Kumano, but with short fascicles, long-ovoid or subpyriform cells, numerous terminal hairs, long-ellipsoid trichogynes, big carposporophytes and small carpo- sporangia. The plant is quite tough and cartilaginous and similar to Nothocladus in gross morphology, but its carposporophytes are compact instead of diffuse. This shows that it may be a transitional species between section Contorta and genus Nothocladus. So, B. transitorium sp. nov. should belong to section Contorta, subsection Kushiroense, because of its curved or twisted carpogonial branches and loosely agglomerated gonimoblast filaments, with globose or subglobose cells in fascicles similar to B. spermatiophorum Vis et Sheath, but no colourless spermatiophores. In terms of small and numerous carposporophytes, B. transitorium sp. nov. is similar to some species of section Batrachospermum. However, their other features are unique, indicating its transitional nature between section Contorta and Batrachospermum.
文摘China＇s Rural Cooperative Medical System collapsed alongside communal farming at the end of the Maoist period in 1976, leaving most farmers vulnerable[1]. In rural areas, where 80% of people have been without health insurance of any kind, illness has emerged as a leading cause of poverty[24]. To address the poor state of health care among the rural population, in 2003 the Chinese government launched the New Rural Cooperative Medical System （NCMS）,
基金a phased result of“Research on the New Form of Chinese Human Rights Civilization,”a key project of the National Social Science Foundation of China(project approval No.21AZD095)“Theoretical Interpretation and Discourse Shaping of the Road of Chinese Rights,”a project of the Philosophy and Social Science Research Innovation Team of Jilin University(project approval No.2022CXTD05)。
文摘“China’s Human Rights Science”is undoubtedly a brand-new concept.Just as China has its own philosophy,literature,history,law,political science,and sociology,it should also have its own human rights science.China’s Human Rights Science refers to the cognitive science of human rights in China.Developing its disciplinary system,academic system,and discourse system,and constructing an independent Chinese human rights knowledge system,are essential requirements for promoting the great rejuvenation of the Chinese nation through Chinese modernization and creating a new form of human civilization.China’s Human Rights Science originated in China,grew in China,and deepened through China’s human rights practices.China’s Human Rights Science adhere to the universality of human rights principles and possess distinctive characteristics.It works as the knowledge-based organization,academic refinement,and theoretical expression of the path of human rights development that conforms to the trend of the times and suits China’s national conditions,as pursued by the Communist Party of China in leading the people.China’s Human Rights Science can enrich and develop the theory of human rights civilization,and should become a global public product of human rights.
文摘Adjustment of Basle Capital Agreement will influence the risk management and capital arrangement demand of the banks with different scales, operation level and environment. It will have widespread and profound effect on the competition strength of every country＇s banks in the global market. Starting with illustration of the present cond（tion of risk management in China＇s banks, the paper analyzes the major problems existing in the risk management system of China＇s banking industry, then puts forward some clues and suggestions to improve and better the risk management system of China＇s banking industry.
文摘The Iraq war and the North Korean nuclear crisis are the two big events that are attracting worldwide attention. The many debates and changes that have arisen around the globe from these two issues, with the former in particular, cannot but cause
文摘In recent years,China’s catering sector has experienced profound changes in terms of industrial scale and management level,showing a favorable development momentum with steadily expanding industrial scale,optimizing market structure,complete categories,various brands,more standardized industrial management and upgrading service quality.
文摘Stimulated by the continuous opening-up strategy and strong domestic demand,China s consumption market has become an important growth pole for the global market.China’s import consumption market has ushered in innovation driven by technology,and new import models represented by cross-border e-commerce have strengthened ties between China and other countries around the world.
文摘Speaking of "China’s foreign policy under new circumstances," there are five features of the new circumstances in my opinion. All these five features will not fundamentally change in accordance with major events such as the Iraq war, and to a certain extent, determine that China’s basic foreign policy need not and will not make major adjustments.
文摘Under the guidance of Deng Xiao-ping’s strategic think-ing of openning to the outside world, the structure of om-nibearing openness has basically taken shape in China. Follow-
文摘It is learned from the 2013 Summit Forum on Strategic Development of Coal-to-Natural Gas in China that the China Sedin Engineering Company,Ltd.has developed with independent intellectual property rights two experimental furnaces for pressurized gasification of crushed coal,5 m
基金supported in part by National Natural Science Foundation of China Project[71573082]in the design of the study,data collection and analysisby Natural Science Foundation Project of Hunan Province[2017JJ2134]in interpretation of data and in writing the manuscriptand also by a grant from the Research Grants Council of the Hong Kong Special Administrative Region,China[UGC/FDS14/E06/20]in investigation and revision.
文摘The estimation of the difference between the new competitive advantages of China’s export and the world’s trading powers have been the key measurement problems in China-related studies.In this work,a comprehensive evaluation index system for new export competitive advantages is developed,a soft-sensing model for China’s new export competitive advantages based on the fuzzy entropy weight analytic hierarchy process is established,and the soft-sensing values of key indexes are derived.The obtained evaluation values of the main measurement index are used as the input variable of the fuzzy least squares support vector machine,and a soft-sensing model of the key index parameters of the new export competitive advantages of China based on the combined soft-sensing model of the fuzzy least squares support vector machine is established.The soft-sensing results of the new export competitive advantage index of China show that the soft measurement model developed herein is of high precision compared with other models,and the technical and brand competitiveness indicators of export products have more significant contributions to the new competitive advantages of China’s export,while the service competitiveness indicator of export products has the least contribution to new competitive advantages of China’s export.
文摘Four Changes in World EconomyFirst,a new round of global economic growth is under way.In 2000,oil pricerose rapidly,stoek markets and exchange rates remained volatile and interestrates went up.All these disadvantages did not undermine the foundations of worldeconomy,and the average growth rate of global gross domestic product(GDP)
文摘The value-added output of new industries,new types of business and new business models accounted for 15.7% of China’s GDP last year,up 0.4% from2016,the National Bureau of Statistics(NBS)said recently.
文摘Under the dual pressures of energy crisis and environmental pollution,China’s new energy power industry has become a focal point for environmental management and requires greater investment.In this context,as a significant input of investment projects,discount rate requires a well-calibrated evaluation because new energy power investment projects are highly capital intensive.The main objective of this paper is to evaluate the discount rate of China’s new energy power industry.First,we use Moving Average to correct the parameters of capital asset pricing model(CAPM)and weighted average cost of capital,which extends the literature on the avoidance of CAPM noise information problem.Second,we study the industry-level annual discount rates of mainly China’s new energy power industries,including hydropower,nuclear power,wind power,and photovoltaic power industries for the period of 2014-2019.The results show that discount rates in China’s new energy power industries evolved differently between the years of 2014-2019 with average annual discount rates being 7.56%,5.83%,5.60%,and 8.64%,for the hydropower,nuclear power,wind power,and photovoltaic power industries,respectively.In 2019,the four annual discount rates were highest for the photovoltaic power industry(8.66%),followed by hydropower(7.17%),wind power(5.72%),and nuclear power industry(5.26%).Forecasting to 2020 from the 2019 evaluation base period,the discount rates are 6.37%,5.00%,6.57%,and 9.05%for the photovoltaic power,hydropower,wind power,and nuclear power industries,respectively.Under the different capital structures,their forecasts for the photovoltaic power,hydropower,wind power,and nuclear power industries in 2020 are,respectively,within[4.35%,9.24%],[3.92%,7.10%],[4.58%,10.40%],[5.46%,14.81%].We also discussed more details on capital structure and forecast period of discount rates for China’s new energy power industries.Our analysis shows that it is necessary to establish a new energy power industry database and steadily promote the implementation of policies.
文摘The volume of e-commerce trade is surging, mobile payment is taking over the world, and the sharing economy is a worldwide phenomenon. In recent years, China has made remarkable achievements in the digital economy domain, which has garnered attention from a wide range of sources.
文摘It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced technology andmanagement methods and expand the export-oriented economy. Since 1992, 18 otherdevelopment zones have been approved bythe Council, increasing the number of suchzones to 32.
