Effectiveness and Effects of China’s Capital Controls

I. IntroductionNations at every stage of development and in every region of the world are more closelylinked through trade in goods and services, through flows of funds and investments ineach others’ economies than ever before. But in sharp contrast to more and more nationsloosening restrictions on international trade, controls over capital flows are still substantialnearly everywhere except in the most developed economies. This is certainly the case inChina, where restrictions on movements …     

大众艺术的盛会——儒风泰山·首届山东国际大众艺术节印象

十月的济南,艺术硕果,累挂枝头.10月21日晚,"儒风泰山-首届山东国际大众艺术节"开幕式暨首届"泰山文艺奖"颁奖典礼在山东卫视演播大厅隆重举行,就此拉开了本次艺术盛事的序幕.     

Financial information,green certification,government subsidies and green bond credit spreads–evidence from China

In the context of green bonds playing an increasingly vital role in the green financial market, this study selects 61 green bonds issued in China from 2016 to 2021 as samples to examine the factors influencing green bond credit, including financial information and ratings of issuers, green certification, and government subsidies. First and foremost, based on AHP and entropy method, the financial composite index is constructed to evaluate the issuers’ finance. Additionally, the differences in the cost of green bonds issued by state-owned enterprises (SOEs) and semi-enterprises are explored by adding the property rights variable. Empirical results indicate that the issuer’s rating could significantly affect the credit spread. In addition, the green bond credit spreads of SOEs are more competitive than those of semi-enterprises. When the issuer is a SOE, green bond credit spread has a remarkable negative correlation with finance information. Furthermore, green certification and government grants are not the main factors. Finally, the green bond market, crucial to controlling the green financial system, is presented with specific recommendations for its growth in this study.

     

木钉墙在红粘土基坑支护中的应用

在基坑工程完成后,锚喷支护等临时围护结构都被掩埋在地下,形成地下空间垃圾的同时,影响临近地下空间开发利用。文章尝试用松木钉代替锚杆在浅基坑施工中作为临时支护结构,通过用MIDAS GTS4.0有限元三维模拟计算后,在工程中成功运用,取得不错的经济、社会效果。     

果品业的发展现状及绿色壁垒

本文通过对我国果品业发展现状和绿色壁垒内涵的分析,探讨了我国果品出口遭遇绿色壁垒的原因,并提出了相应的解决措施。     

偏心对流体激振力作用下转子振动特性的影响

将叶轮转子系统简化为Jeffcott转子,在流体激振力和非线性油膜力作用下建立了带有碰摩与裂纹耦合的动力学模型,并推导了系统的无量纲运动方程。运用数值积分法分析了系统响应随转子偏心量和转速变化的分岔图、相图、Poincare映射图和时序响应图等,最后讨论了流体激振力和偏心量对叶轮转子分岔特性的影响。     

五感体验及其在服装卖场营销中的应用

随着服装市场竞争的日益激烈,终端卖场在服装品牌运营中发挥的作用越来越显著;五感体验作为体验营销的分支之一,已经越来越受到企业的重视。而目前我国服装卖场营销中的五感体验的现状是:实践领先于理论。本文则探讨了五种体验在服装卖场营销中的应用,从而为服装卖场营销中的五感体验的应用提供一定的理论依据。     

企业三维业绩评价体系的构建与检验——来自我国A股上市公司的经验证据

在论证企业业绩评价应当遵循的盈利、风险与发展评价指标有机结合的三维价值观的基础上,引入多元化与研发支出因子来构建上市公司的业绩评价指标体系,基于主成分法检验了业绩指数与会计盈余的相关性,证实基于三维的业绩指数与企业未来价值创造能力显著正相关。     

会计信息与系统风险的相关性研究——来自中国A股上市公司的经验证据

本文应用沪深A股制造业2001~2009年度相关数据,基于PARKS面板数据模型实证检验了会计信息与系统风险的相关性,剖析了我国资本市场反常流动比率、不良杠杆组合及股利政策"异象"的实质所在,据此提出了基于系统风险影响因子构建会计风险报告框架、完善企业会计准则及强化资本市场监管等政策建议。