2014年大陆桥运输情况分析

2014年,世界经济尤其是欧盟们经济持续低迷、我国国内经济发展增速放缓已处于"新常态"发展。大陆桥国际运输较往年呈现出一派欣欣向荣的景象,虽然国际过境运输量有所下滑,但整体情况尤其是中欧班列发展迅猛。这主要得益于我国以及亚欧国家对丝绸之路经济带建设的重视和积极参与。2014年,世界经济尤其是欧盟们经济持续低迷、我国国内经济发展增速放缓已处于"新常态"发展。因此,2014年我国交通运输经济运行虽然总体发展平稳,但增速趋稳。港口生产有所放     

高端创新:现实背景及理论阐释

从百大研发创新奖的发展可看出,高端创新正呈现一些新特点、新趋势。高端创新是在原有创新理论集成的基础上,结合创新发展实践,对创新驱动发展内涵的一种新论述。高端创新源于"知识和技术"的突破式发明、"市场-技术互动"的宏观发明和"市场附加值"的高端颠覆式创新。高端创新推动技术向更高势能发展,推动市场向更高层次演变,进而形成企业、产业和国家竞争优势。     

Apparel Retail Sales Value + 41.9% m/m of Shanghai in Dec.

According to Shanghai Apparel Association,apparel retail sales volume in Shanghai top 10 department stores was 1.076 million pieces(sets),increasing 40.2% m/m(up 18.1%y/y) by 309,000 pieces(sets).In Dec.apparel products sales value was CNY580 million,increasing 41.9% m/m(up 10.2% y/y) by CNY170million.Average price in Dec.was CNY542.7/piece(set),up 1.2% m/m,down 6.6% y/y.     

The information content of option-implied volatility for credit default swap valuation

Credit default swaps (CDS) are similar to out-of-the-money put options in that both offer a low cost and effective protection against downside risk. This study investigates whether put option-implied volatility is an important determinant of CDS spreads. Using a large sample of firms with both CDS and options data, we find that individual firms’ put option-implied volatility dominates historical volatility in explaining the time-series variation in CDS spreads. To understand this result, we show that implied volatility is a more efficient forecast for future realized volatility than historical volatility. More importantly, the volatility risk premium embedded in option prices covaries with the CDS spread. These findings complement existing empirical evidence based on market-level data.     

Apparel Retail Sales Value-45.7% m/m in February in Shanghai

Shanghai-According to on net regular statistics of Shanghai Garment Association, in February,2013,apparel retail sales volume in Shanghai top 10 department stores was 1.075 million pieces(sets),decreasing 16.2% m/m(+22.6% y/y) by 0.207 million pieces (sets).Apparel products sales value was CNY527 million, decreasing 45.7% m/m (+27.5% y/y) by CNY445 million. Average     

基于元数据标准的外语教学资源库建设与应用

要实现外语教育资源的共建共享,需要根据外语学科特点制定统一的资源元数据标准,并基于此标准建立起一个便于资源管理和利用的通用平台,实现资源校内共享、校际共享,使数字化的资源更好地服务于外语课堂教学和自主学习。     

基于应用层通道的局域网出口流量控制策略设计

广域网流量需求的急剧扩张和局域网运营方出口带宽的矛盾迫使流量控制节点被部署到局域网关键链路当中。分析了网络用户的流量需求。从局域网运营方的角度出发,阐述了基于应用层通道的流量控制的原理、原则和目标。设计了流量控制的四类通道和两种策略的方案。     

Does Consumer Well‐Being Affect Hedonic Consumption?

This article presents a theoretical model that reveals how consumers’ long‐term subjective well‐being (SWB) influences their spending on hedonic products. Using the longitudinal data from a large national panel survey, the study found that consumers’ SWB influences spending on hedonic products via the mediating effects of their positive interpretation of life circumstances and broadened set of activities resulting from positive emotions. The results are explained using cognitive tuning theory and broaden‐and‐build theory and have implications for hedonic products providers in terms of who their target audience is and how demand for their products is generated.     

Anti-corruption,government subsidies,and investment efficiency

The problem of corruption in socio-economic development has long been a focus of academics and practitioners. To address this concern in China, the 18th National Congress of the Communist Party of China instituted a new anti-corruption policy. In this paper, we examine the impact of this recently enacted anti-corruption policy on the investment efficiency of subsidized enterprises from the perspective of government subsidies. We conclude that government subsidies have a significant positive impact on the overinvestment behavior of enterprises and that the anti-corruption work done by the government has effectively restrained the excessive investment behavior of government-subsidized enterprises. Further, we find that the anti-corruption policy is more effective in restricting overinvestment in subsidized state-owned enterprises than in non-state-owned enterprises. We examine the impact of the anti-corruption policy on excessive investment caused by government subsidies and enrich the body of research related to investment efficiency. We also provide empirical support for further research on the anti-corruption policy at the macro-market and micro-enterprise levels. The findings highlight the need to establish new cooperation between government and enterprises, to rationalize the distribution of administrative resources, and to promote the sustained and healthy development of the national economy.