Unable to catch up with China and the United States in the short term,the European Union is in an unfavorable position in the booming digital technology sector needed for economic growth.Within the context of intensif...Unable to catch up with China and the United States in the short term,the European Union is in an unfavorable position in the booming digital technology sector needed for economic growth.Within the context of intensifying technological competition and diplomatic strain between China and the US,the EU and European countries have adapted their digital strategies.As a former balance strategy shifts toward constraining Chinese tech companies,Europe’s technological sovereignty is at stake.To enhance European tech capability and control,key measures include increased investment in digital tech,formation of a single European dataspace,and rules based on European values.The interplay between technology and geopolitics and the rising importance of values in digital regulations make possible a technology alliance,despite the introduction of protectionism into the mix.China will need to understand the situation and give positive response.展开更多
In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as ne...In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as new energy,new materials,new generation of information technology occupy an important market share in China and even the world.However,there are still a number of problems in the process of development,and the policy support has a greater impact.In this paper,the development status of strategic emerging industries in Anhui Province was discussed firstly,and then the challenges and problems of the development was discussed.Finally,some science and technology promotion policies of strategic emerging industries in Anhui Province were proposed.展开更多
The possibility for two competitive firms to form a strategic alliance was quantitatively analyzed with the game theory. The strategic alliance could be formed in an infinitely repeated game with complete information ...The possibility for two competitive firms to form a strategic alliance was quantitatively analyzed with the game theory. The strategic alliance could be formed in an infinitely repeated game with complete information or a finitely repeated game with incomplete information. In the former situation, the discount ratio is important. If the discount ratio is large enough, alliance would be a possible solution. In the latter situation, the bigger the possibility of the rationality is, the more possible is for both firms to make strategic alliance.展开更多
From the "Five-clause Agreement Draft" of 1944 to the Shanghai Communiqueof 1972, the strategic relationship between the United States (US) and theChinese Communist Party (CCP) went through a cycle from part...From the "Five-clause Agreement Draft" of 1944 to the Shanghai Communiqueof 1972, the strategic relationship between the United States (US) and theChinese Communist Party (CCP) went through a cycle from partners to foes thenback to partners again. Since the end of World War II, a huge number of booksand articles on CCP-US relations have been published both in the United States andChina. Because of their different political background, Chinese and展开更多
During a period of profound adjustments to the international power structure,China-US financial competition may intensify and lead to a crisis for the international financial system and even the international power sy...During a period of profound adjustments to the international power structure,China-US financial competition may intensify and lead to a crisis for the international financial system and even the international power system.The China-US financial relationship is structured in mainly four dimensions:the international monetary system,bilateral financial exchanges,the international financial system and the construction of international financial and/or economic concepts.Management of this competition relationship is thereby four-pronged:managing the relationship between the RMB and the US dollar in the international monetary system,the China-US bilateral creditor-debtor relationship,the indirect China-US relationship in global financial governance organizations and normative frameworks,and the divergence of both countries in regard to their economic ideologies.In particular,to stabilize the international monetary system,China should postpone the strategic confrontation between the RMB and the US dollar,strengthening their complementarity and cooperation based on market choice and their monetary function.Meanwhile,China should be prudent as a creditor to the United States,neither coerced by its over-reliance on American financial markets,nor tempted to weaponize the US debt by dumping US bonds.Also,before aiming for systematic reforms,China should first aim to become a stakeholder in the current global financial governance system by comprehensively accepting and becoming deeply integrated into it.Finally,China should avoid the economic competition model between China and the United States,and should instead apply the“Chinese Approach”to better facilitate solutions to international problems.These approaches to crisis management aim to help China endure this turbulent period of the international power system with more prudent strategies and policies,and to maintain a relatively stable international financial and economic environment for the sustained rise of its economy and for the rejuvenation of the Chinese nation.展开更多
Russia and China are celebrating their“strategic partnership”,and have been vastly expanding their cooperation since 2014.Their close alliance is based on economic and geopolitical considerations.While it is mutuall...Russia and China are celebrating their“strategic partnership”,and have been vastly expanding their cooperation since 2014.Their close alliance is based on economic and geopolitical considerations.While it is mutually beneficial,it also has its limitations.China and Russia mostly agree with each other on structural issues such as redefining the parameters of international governance.However,they also continue to encounter disagreements and conflicts over conjectural issues such as energy and arms trade.We conclude that in the Asia-Pacific,China and Russia will likely develop a more comprehensive relationship that may have greater practical implications for the region's security and stability.China and Russia continue to seek to align their strategies more comprehensively against the backdrop of the evolving geopolitical environment by working to overcome existing disagreements and exploring new areas of cooperation.展开更多
Using a spatial econometric model, this paper investigates strategic interaction among provincial governments regarding expenditures, the mechanism behind expenditures interaction and their effects on economic growth ...Using a spatial econometric model, this paper investigates strategic interaction among provincial governments regarding expenditures, the mechanism behind expenditures interaction and their effects on economic growth in China. Our conclusion is as follows: Significant strategic interaction exists among provincial governments regarding expenditures mainly owing to fiscal competition mechanism in China, and expenditures interaction has changed significantly since tax sharing system reform, which has had positive effects on regional economic growth. This conclusion has significant implications for the optimization of public functions, size and structure of local governments in China.展开更多
Scientific and technological(S&T) competition has become a core and frontier issue in the ongoing China–U.S. strategic competition and the main focus of both countries. Currently, the Biden administration is adop...Scientific and technological(S&T) competition has become a core and frontier issue in the ongoing China–U.S. strategic competition and the main focus of both countries. Currently, the Biden administration is adopting an S&T competition strategy toward China based on the “small yard, high fence” tactical logic, which involves three pillars: investment to make America strong, alignment to get things under control, and competition to weaken China. In the current context of the China–U.S. competition entering a new normal, five inherent contradictions, namely, the gap between strategic expectations and policy effects, shortfall between action capabilities and policy objectives, push-and-pull between strategic deployment and domestic politics, clash between strategic intentions and the S&T innovation ecosystem, and divergences between American priorities and the interests of American allies, will dictate how this administration will implement its S&T competition strategy toward China.展开更多
With the global economy and the intensification of market competition, more and more enterprises in the same industry to establish a new alliance---competitive strategic alliance. Competitive strategic alliance is not...With the global economy and the intensification of market competition, more and more enterprises in the same industry to establish a new alliance---competitive strategic alliance. Competitive strategic alliance is not only in the strategic choice of the existence of a potential to create value, but also the existence of synergy. Competition and cooperation between the two conflicting complex logic relations coexist in the competitive strategic alliances （CSA）. Therefore maintaining the relative stability of alliance is the premise and necessary condition of alliance to success. In this paper, on the basis of the literature review, we discuss the significance and principles of improving CSA＇s stability; in the way of case analysis and expert interviews construct the hierarchy analysis model of improving CSA＇s stability; and then further put forward a series of measures which can maintain the CSA＇s stability, such as strengthen the ability of technological innovation, protection and development of the core ability of the enterprise, to develop a coherent strategy alliance target, choose a suitable alliance partner, coordinate the corporate culture between partners, establish alliance risk prevention mechanism, and so on. It will provide theoretical support and practical guidance to relevant departments and relevant personnel in policy decision-making and problem-solving展开更多
The door to strategic competition between China and the US has opened under the Trump administration, whose strategy, policy and tactics toward China create a grim picture for bilateral relations in the short run. How...The door to strategic competition between China and the US has opened under the Trump administration, whose strategy, policy and tactics toward China create a grim picture for bilateral relations in the short run. However, the relations in the long term depend both on the state of interplay between various parties in the US, and more importantly on China’s influence and response.展开更多
America is the only hegemonic power in the world today and is looking vigilantly at every other country that may take its hegemonic position.In Northeast Asia,America is focused on reinforcing its alliance with Japan ...America is the only hegemonic power in the world today and is looking vigilantly at every other country that may take its hegemonic position.In Northeast Asia,America is focused on reinforcing its alliance with Japan and South Korea and is working quickly to deploy the THAAD system in展开更多
Since 2018,the US government has adopted a range of restrictive measures on China-US science and technology exchange,as it strives for a decoupling strategy against China.This strategy has brought about historic chang...Since 2018,the US government has adopted a range of restrictive measures on China-US science and technology exchange,as it strives for a decoupling strategy against China.This strategy has brought about historic change in China-US science and technology relations.The US government has set out to obstruct the free flow of technology,data,capital,markets,and talents between China and the United States,thereby changing the basic rationale of China-US science and technology cooperation.The US has multiple underlying motivations for implementing this strategy including recognizing the security threats posed by China’s cutting-edge technology development,treating China as a competitor in global science and technology diplomacy,prompting the backflow of the technological industrial chain,and the strengthened industrial competition between the two countries.Decoupling is one of the competition strategies of the United States.It is aimed at ensuring a favorable position for their national innovation systems,particularly in China-US competition.However,the limitations of the decoupling strategy may not allow the US to achieve what it desires.These limitations also provide space for the two countries to ease their competitive relationship.展开更多
This paper investigates empirically the effect of different types of product market competition on levels of voluntary disclosure of proprietary information in financial markets. The author proposes that there are two...This paper investigates empirically the effect of different types of product market competition on levels of voluntary disclosure of proprietary information in financial markets. The author proposes that there are two types of strategic interaction settings relevant to disclosure： capacity competition and price competition. Capacity competition drives firms to disclose more information to attain financial market valuation-related benefits, while price competition drives them to disclose less to protect long-term product market advantages. The author finds that the type of product market competition affects the level of voluntary disclosure over and above the finn＇s external financing needs documented in the previous literature. That is, firms engaged in capacity competition disclose relatively more information than those in price competition. Further analysis shows that capacity competition firms disclose more information than no-strategic-interaction benchmark firms but that price competition firms do not disclose less information than the benchmark firms.展开更多
文摘Unable to catch up with China and the United States in the short term,the European Union is in an unfavorable position in the booming digital technology sector needed for economic growth.Within the context of intensifying technological competition and diplomatic strain between China and the US,the EU and European countries have adapted their digital strategies.As a former balance strategy shifts toward constraining Chinese tech companies,Europe’s technological sovereignty is at stake.To enhance European tech capability and control,key measures include increased investment in digital tech,formation of a single European dataspace,and rules based on European values.The interplay between technology and geopolitics and the rising importance of values in digital regulations make possible a technology alliance,despite the introduction of protectionism into the mix.China will need to understand the situation and give positive response.
基金Supported by the Key Research Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2022(2022AH052680)Major Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2024(2024AH040304)Key Research Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2021(SK2021A0876).
文摘In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as new energy,new materials,new generation of information technology occupy an important market share in China and even the world.However,there are still a number of problems in the process of development,and the policy support has a greater impact.In this paper,the development status of strategic emerging industries in Anhui Province was discussed firstly,and then the challenges and problems of the development was discussed.Finally,some science and technology promotion policies of strategic emerging industries in Anhui Province were proposed.
基金TheprojectofscienceandtechnologydepartmentinZhejiangprovince (No .2 0 0 3C30 0 4 8)
文摘The possibility for two competitive firms to form a strategic alliance was quantitatively analyzed with the game theory. The strategic alliance could be formed in an infinitely repeated game with complete information or a finitely repeated game with incomplete information. In the former situation, the discount ratio is important. If the discount ratio is large enough, alliance would be a possible solution. In the latter situation, the bigger the possibility of the rationality is, the more possible is for both firms to make strategic alliance.
文摘From the "Five-clause Agreement Draft" of 1944 to the Shanghai Communiqueof 1972, the strategic relationship between the United States (US) and theChinese Communist Party (CCP) went through a cycle from partners to foes thenback to partners again. Since the end of World War II, a huge number of booksand articles on CCP-US relations have been published both in the United States andChina. Because of their different political background, Chinese and
文摘During a period of profound adjustments to the international power structure,China-US financial competition may intensify and lead to a crisis for the international financial system and even the international power system.The China-US financial relationship is structured in mainly four dimensions:the international monetary system,bilateral financial exchanges,the international financial system and the construction of international financial and/or economic concepts.Management of this competition relationship is thereby four-pronged:managing the relationship between the RMB and the US dollar in the international monetary system,the China-US bilateral creditor-debtor relationship,the indirect China-US relationship in global financial governance organizations and normative frameworks,and the divergence of both countries in regard to their economic ideologies.In particular,to stabilize the international monetary system,China should postpone the strategic confrontation between the RMB and the US dollar,strengthening their complementarity and cooperation based on market choice and their monetary function.Meanwhile,China should be prudent as a creditor to the United States,neither coerced by its over-reliance on American financial markets,nor tempted to weaponize the US debt by dumping US bonds.Also,before aiming for systematic reforms,China should first aim to become a stakeholder in the current global financial governance system by comprehensively accepting and becoming deeply integrated into it.Finally,China should avoid the economic competition model between China and the United States,and should instead apply the“Chinese Approach”to better facilitate solutions to international problems.These approaches to crisis management aim to help China endure this turbulent period of the international power system with more prudent strategies and policies,and to maintain a relatively stable international financial and economic environment for the sustained rise of its economy and for the rejuvenation of the Chinese nation.
基金This article support by National Social Science Fund Project:Research on the Construction of Institutional Discourse Right in Global Governance—An Empirical Study Based on Sino-Russian Media Communication(全球治理中制度性话语权的构建研究—基于中俄传媒交流的实证研究16AZD052).
文摘Russia and China are celebrating their“strategic partnership”,and have been vastly expanding their cooperation since 2014.Their close alliance is based on economic and geopolitical considerations.While it is mutually beneficial,it also has its limitations.China and Russia mostly agree with each other on structural issues such as redefining the parameters of international governance.However,they also continue to encounter disagreements and conflicts over conjectural issues such as energy and arms trade.We conclude that in the Asia-Pacific,China and Russia will likely develop a more comprehensive relationship that may have greater practical implications for the region's security and stability.China and Russia continue to seek to align their strategies more comprehensively against the backdrop of the evolving geopolitical environment by working to overcome existing disagreements and exploring new areas of cooperation.
基金funded by the National Natural Science Foundation of China (70750002)Department of Social Sciences, the Ministry of Education of China (08JZD0012)Department of Postgraduate Education, the Ministry of Education of China (Office of the State Council Academic Degrees Committee) (200904)
文摘Using a spatial econometric model, this paper investigates strategic interaction among provincial governments regarding expenditures, the mechanism behind expenditures interaction and their effects on economic growth in China. Our conclusion is as follows: Significant strategic interaction exists among provincial governments regarding expenditures mainly owing to fiscal competition mechanism in China, and expenditures interaction has changed significantly since tax sharing system reform, which has had positive effects on regional economic growth. This conclusion has significant implications for the optimization of public functions, size and structure of local governments in China.
基金the phased result of a key project supported by the National Social Science Fund of China entitled“Research on Cyber Governance Systems from the Perspective of a Holistic Approach to National Security”(17ZDA106).
文摘Scientific and technological(S&T) competition has become a core and frontier issue in the ongoing China–U.S. strategic competition and the main focus of both countries. Currently, the Biden administration is adopting an S&T competition strategy toward China based on the “small yard, high fence” tactical logic, which involves three pillars: investment to make America strong, alignment to get things under control, and competition to weaken China. In the current context of the China–U.S. competition entering a new normal, five inherent contradictions, namely, the gap between strategic expectations and policy effects, shortfall between action capabilities and policy objectives, push-and-pull between strategic deployment and domestic politics, clash between strategic intentions and the S&T innovation ecosystem, and divergences between American priorities and the interests of American allies, will dictate how this administration will implement its S&T competition strategy toward China.
文摘With the global economy and the intensification of market competition, more and more enterprises in the same industry to establish a new alliance---competitive strategic alliance. Competitive strategic alliance is not only in the strategic choice of the existence of a potential to create value, but also the existence of synergy. Competition and cooperation between the two conflicting complex logic relations coexist in the competitive strategic alliances （CSA）. Therefore maintaining the relative stability of alliance is the premise and necessary condition of alliance to success. In this paper, on the basis of the literature review, we discuss the significance and principles of improving CSA＇s stability; in the way of case analysis and expert interviews construct the hierarchy analysis model of improving CSA＇s stability; and then further put forward a series of measures which can maintain the CSA＇s stability, such as strengthen the ability of technological innovation, protection and development of the core ability of the enterprise, to develop a coherent strategy alliance target, choose a suitable alliance partner, coordinate the corporate culture between partners, establish alliance risk prevention mechanism, and so on. It will provide theoretical support and practical guidance to relevant departments and relevant personnel in policy decision-making and problem-solving
文摘The door to strategic competition between China and the US has opened under the Trump administration, whose strategy, policy and tactics toward China create a grim picture for bilateral relations in the short run. However, the relations in the long term depend both on the state of interplay between various parties in the US, and more importantly on China’s influence and response.
文摘America is the only hegemonic power in the world today and is looking vigilantly at every other country that may take its hegemonic position.In Northeast Asia,America is focused on reinforcing its alliance with Japan and South Korea and is working quickly to deploy the THAAD system in
文摘Since 2018,the US government has adopted a range of restrictive measures on China-US science and technology exchange,as it strives for a decoupling strategy against China.This strategy has brought about historic change in China-US science and technology relations.The US government has set out to obstruct the free flow of technology,data,capital,markets,and talents between China and the United States,thereby changing the basic rationale of China-US science and technology cooperation.The US has multiple underlying motivations for implementing this strategy including recognizing the security threats posed by China’s cutting-edge technology development,treating China as a competitor in global science and technology diplomacy,prompting the backflow of the technological industrial chain,and the strengthened industrial competition between the two countries.Decoupling is one of the competition strategies of the United States.It is aimed at ensuring a favorable position for their national innovation systems,particularly in China-US competition.However,the limitations of the decoupling strategy may not allow the US to achieve what it desires.These limitations also provide space for the two countries to ease their competitive relationship.
文摘This paper investigates empirically the effect of different types of product market competition on levels of voluntary disclosure of proprietary information in financial markets. The author proposes that there are two types of strategic interaction settings relevant to disclosure： capacity competition and price competition. Capacity competition drives firms to disclose more information to attain financial market valuation-related benefits, while price competition drives them to disclose less to protect long-term product market advantages. The author finds that the type of product market competition affects the level of voluntary disclosure over and above the finn＇s external financing needs documented in the previous literature. That is, firms engaged in capacity competition disclose relatively more information than those in price competition. Further analysis shows that capacity competition firms disclose more information than no-strategic-interaction benchmark firms but that price competition firms do not disclose less information than the benchmark firms.
