Study on HRM innovation based on knowledge management

The literature about the knowledge economy has marginalized its most important dimension-people. The development of human capital and its role in the competition in relation to the changed nature of the employment relationships between workers and their organizations are examined. The paper also holds that the continuum perspective, in which knowledge in a particular context has both tacit and explicit characteristics, is of particular value when considering the knowledge strategy of an organization. Whereas the former perspective presents a well-known dilemma, the continuum perspective permits the specification of a strategy in which the advantages of both tacit and explicit knowledge can be obtained, in principle. The paper puts forward the explicit/tacit dilemma that leads to a possible way forward in resolving the dilemma for organizations through the human resource management.     

Low Inflation,Pass-through,and a Discrete Inflation-targeting Framework for Monetary Policy in China

The performance of inflation in China over the past few decades has been remarkable. This paper characterizes the statistical nature of the inflation series in China over the past quarter of a century and presents an interesting scenario of large decline in inflation pass-through accompanied with low inflation since the end of the 1990s. How should monetary policy in China be conducted under these new economic conditions? We propose a discrete inflation-targeting framework for monetary policy,which is likely to be suitable for the regime of low inflation and inflation pass-through. The advantages and caveats of adopting such a framework are also discussed.     

Study on the cost of wind power in China

Wind power, as a kind of renewable energy, has been developing rapidly. Taking the wind park investment as an engineering project, this paper utilizes cost collecting approach of accounting theory to calculate the static and dynamic cost of the wind power in China. The factors of reducing the wind power cost are also discussed.     

Analysis on the effect of economic interaction＇s pulse from the Sino-US trade perspective

In an open economy, the economic concussion in sole country will transmit to other countries which make the international economic concussion play an important role in the formation of economic fluctuation. Both America and China, as two prominent economy units, have a great impact not only on the regional economy but also international economy. This paper constructs a shock-response model for China-America bilateral trade relations by using of impulse-response function of the vector auto-regressive model. The fluctuation of mutual economic growth caused by the shock of bilateral trade variances is empirically analyzed. Further more; the paper also uses variance decomposition technology to estimate its contribution-rate. The empirical analysis result shows that American economy has a notable impact on China, and Chinese economy will depend on American economy more and more.     

The Profound and Extensive Chinese Tea Culture

Anyone who knows a little bit about Chinese culture usually knows about Chinese tea culture.Chinese tea culture has a history of more than 4,000 years and still emerges fresh and vigorous from the test of history. Chinese tea culture has played an important and indispensable role in Chinese culture. The extensiveness and profoundness of Chinese tea culture is unpanelled. Its importance to Chinese people is noticeable. Tea has surprising functions： it can not only refresh the body but also the mind. Tea is prevalent in and out of China and is loved by people throughout the world.     

Why Are Chinese Exports Not So Special？

Applying a commonly used index for export sophistication in a cross-country study, Rodrik finds that the technological content of Chinese exports over the past decade has been so high that it cannot be explained simply by the economic fundamentals of a low-income country abundant with unskilled labor. Question has been raised for the empirical robustness of the index. I am also doubtful with Rodrik＇ s analysis but develop my argument from a different perspective. This paper briefly reviews Rodrik＇s methodology and identifies other factors his empirical results potentially hinge on. Based on this, it elaborates on China＇ s unique processing trade regime, the uneven distribution of its exports across Chinese regions and the limitation of HS codes in terms of identifying differentiated products, in an attempt to show that these factors also contribute to higher estimations of China＇s export sophistication level. Finally, it organizes trade data to reveal the trade patterns that are indeed consistent with the country＇s comparative advantage.     

Analysis of the “Red Packet” Phenomenon in China＇s Medical Health Industry

“Red packet”, or the red envelope containing money as a bribe or kickback, is a kind of present. It not only reflects a relationship involving exchange of material things, but also has social and cultural implications. Seen as an element of Chinese social organizations, the red packet has multiple functions -social, economic and political. In the traditional Chinese society, the red packet had already been in existence in the medical industry. After the People‘s Republic of China was founded, the practice of giving and receiving red packet, to a large extent, disappeared because of the establishment of the planned economic system.However, since the country‘s reform and opening up began, the red packet has appeared again in the medical health industry. This reappearance is mainly because that the economic reform has been a gradual process with different emphases at different stages. Before the burden of expenditure on medical institutions and public health welfare has been lifted from the shoulders of public finance, market elements have already entered the management of medical institutions and made room for the popularization of “red packets”.     

Strategic groups in hotel industry： Empirical evidences

The Serra da Estrela Tourism Region （SETR）, gifted of unique landscape conditions, of singular natural resources, filled with culture and history, has become an attractive leisure and recreation region. Considering its tourism potential, we have seen a development of the tourism activities on that region, making necessary a study of the presence of derivative offering components, mainly on the tourism hotels level. Considering the crucial strategic role that this activity has on the region, and since there are only a few follow-up studies of the activity development, the present research aims to contribute for the knowledge of the relevant tourism hotels units reality in the SETR. In this sense, the authors intend to analyze the different strategies that are being taken in the region, by this sort of companies and, to identify the existence （or not） of company groups that carry on similar strategies--strategic groups. To reach such goals, an empirical study was developed, based upon the information obtained from the statistical analysis of questionnaires applied to the hotels unit＇s managers. The results allowed concluding that the hotels units enforce combined strategies, instead of a single specific strategy. It was also possible to identify the existence of different strategic groups that use similar competitive strategies. From this process, it also resulted that the companies that operate in this sector consider that strategy assumes a determinative role for the success of their activity.     

Analysis on the Mechanism Whereby Humor is Produced

Humor, a distinctive linguistic phenomenon, plays an important role in the language culture. In addition, humor has become a topic in linguistics. As the most important principles in pragmatics, the CP has provided a theoretical tool for analyzing humor, which is the product of the speaker＇s intentional or unintentional violation of certain maxim of the Cooperative Principle. Participants should understand the literal meaning of an utterance firstly, and then, by relating the utterance to the specific context and certain background information, they come to realize the violation of the CP and appreciate the humor.     

Research on China Railway Reform and Informatization Model

Since 1980＇s, China railway has been advancing a deep reform, and mechanism has been introduced and various management information systems have been set up. However, railway informatization lacks systematic plan and coordination. Now in order to effect the span development of China railway and adjust its informatization for the administrative structure reform, based on the course and targets of railway reform, this paper analyses in depth the existing composition of railway management information systems and proposes the railway informatization three layers model according to the core business of railway transportation. In consideration of the further reform, it also gives a new overall thought of railway informatization under ＂network ＆ transport separation＂.     

Typical pronunciation problems with Chinese students of English

Listening comprehension has always been a major problem for Chinese students of English and it has a lot to do with the dissimilarities between English and Chinese ways of pronunciation. This paper tries to explore the discrepancy in terms of the timing and stress property in the two languages and also illustrates the author’s effort to apply the English pronunciation properties in her English teaching.     

Transition of China＇s Diplomacy and Foreign Relations

The present paper focuses on the transformation of China＇s foreign affairs. The transformation is closely associated with and mutually reinforced by the developmental changes that have taken place in China. China＇s strong economic focus has had a profound effect on its foreign relations and international strategies. With sustained growth over the past three decades （1978-2008）, China has become an important member of the world community. In particular, its influence has been growing in the Asia-Pacific area. China＇s unique developmental model and path are recognized and scrutinized worldwide. The present paper discusses special aspects of foreign aid and also explores the changes in principles of and approaches taken in the application of foreign aid policies. Under dual external and internal pressure, China has to constantly adjust, renew and improve its approach to diplomatic and international relations.     

Evaluating the Redistributive Effect of Social Security Programs in China over the Past 30 Years

China has improved its social security system in recent decades,with the aim of achieving universal coverage and improving the equity of income distribution.Based on data from the five rounds of Chinese Household Income Project surveys from 1988 to 2018,this paper examines the long-term redistributive effects of social security programs in China.Our results show that social security programs have reduced income inequality consistently,and the positive redistributive effects have been improving for the past 30 years.Social security transfers have had an increasingly essential role in rural areas,especially after 2002 when China started to establish a comprehensive rural social safety net and expanded the coverage of the social security program.The redistributive efficiency of the social security system has also increased recently.     

Reforming the Financial Health Care System： The Case of the Republic of Albania

The Albanian health care system is currently in a period of deep transformation as well as the country is reflecting the future reforms after the turbulent development of the most recent years. The admission of Albania among future members of the European Union requires also an innovation in the health care system in order to build a model more compliant with the European performance and standards. These innovations are required also in the managerial approach to the health care and in its financing system. The aim of this paper is to analyze the actual financing model of the Albanian health care sector while highlighting the possible future managerial development. First of all, this article presents a history review of the Albanian health-care system, analyzing the current governance model. The goal of this approach is to describe the starting point of the reform paths for the future policy makers. Afterwards the research underlines the transition from a financing model based on historical public expenditure to a system based on the performance as one of the main innovation in the managerial approach to the health care. The introduction of management thinking will then allow developing a cost-based financing model, an accounting system in the teaching hospital and, finally, a financing system able to pay for services provided by private health care entities. The article then offers also a contribution to policy makers in order to define the ＂paths＂ of the Albanian health care system in the next years.     

Calm Consideration of Prosperous Growth of Convertible Bond

As a re-financing instrument for listed companies, convertible bond has been greatly promoting the prosperity of China capital market. However, due to the institutional defect of stock ownership is severe, convertible bond has also inevitably caused the negative effect on the situation that the non-negotiable shareholders are frantically depriving the negotiable shareholders of equity when enriching the financial products and releasing the financial risk. Taking ShanYing convertible bond as an example, the article researches the reasonableness in the market pricing by using the Single-Index Model and further analyze reasonable activities of the present listed companies＇ tending to issuing convertible bond.     

Comparative Analysis of Capital Productivity in China＇s High-Tech Industries

While labor productivity is a topic of constant debate and has been studied extensively, far less attention has been devoted to the question of capital productivity. Productive use of physical capital is an important source of economic growth and investment return. This paper presents a comparative study of capital productivity in China‘s high-tech industry. Using a version of the perpetual inventory method (PIM), new estimates have been made of the physical capital stock by sector. Capital productivity in China‘s high-tech industry is higher than in total manufacturing, but the gap between them has been shrinking. Comparison with high-tech industries in the US., highlights that China‘s high-tech industries could play a more important role in the growth of manufacturing and the whole economy.     

Economic impact studies of Beijing 2008 Olympic Games

The paper provides an ex-ante analysis of the financial burden and potential economic benefit of the Beijing 2008 Olympic Games. Owing to the lack of uniform financial data, cost and benefits analysis is not possible, so we have adopted a multi-criteria analysis （MCA） as a part of an Olympic Games impact study, to asses the possible economic impact of hosting the Olympics in Beijing. There are many aspects of a country that may change as a result of hosting the Olympic Games. Studies on the impact of previous Olympic Games have indicated that inward investment has been attracted by preparations for the Olympics which has increased the host cities global profile and by the legacy of additional facilities afterward. Beijing is already an establish city and prime destination for inward investment in China and Asia. Hosting the Olympics in 2008 might be expected to give rise to tangible positive effects on the over all level of economic activities.     

Developing Social Citizenship？ A Case Study of Education and Health Services in Yantian Village of Guangdong Province

Social policy is an indispensable element of rule and China’s current leadership has moved policy to a more inclusive system based on a notion of citizenship.The extension of social welfare provision is examined through a case study of education and health care in the South China village of Yantian.Yantian lies at the core of the Pearl River Delta,which has become a key link in the global reorganization of manufacturing and production.Consequently,the village is home to some 80 000 migrant workers who complement the 3000 registered inhabitants.A study of education and health-care provision reveals that in terms of equity, registered villagers enjoy significant advantages in seeking welfare resources.Although living in the same village,the two groups inhabit "different worlds." However,provision, while selective,has become more inclusive.The present research suggests that "social citizenship " will precede "political citizenship."     

Enhancing China＇s Innovation Performance： The Policy Choices

Transforming China into an innovation-driven economy has been one of the top priorities of the Chinese Government. This paper examines the policy choices involved in the extended national innovation performance framework for creating an open innovation system. Innovation capabilities, incentives and institutional frameworks are examined. The paper argues that China should continue to increase its investment in R ＆D and in education, and that there should also be an attempt to strengthen the incentive system at the macro, meso and micro levels. This strengthening may include reforms to： release the power of competition and guide resources towards innovative sectors; adopt appropriate human resource management, such as appraisal and remuneration systems; create effective policies for research funding management; and evaluate the efficiency of research to encourage the creativity of researchers, managers and employees. The paper also discusses the space for industrial policy in the 21st century.