Abstract: Based on the POI (Point of Interest) data of CAINIAO e-stations in China’s 15 new first-tier cities such as Chengdu, Hangzhou and Chongqing, this paper comprehensively utilizes spatial statistical methods such as kernel density analysis, spatial autocorrelation analysis and standard deviation ellipsoid analysis, to conduct an in-depth study on the spatial distribution characteristics of CAINIAO e-stations and their regional heterogeneity. The results show that: (1) CAINIAO e-stations in most cities show significant spatial aggregation characteristics, and their distribution centers are usually close to core business districts or densely populated areas; (2) The distribution direction is mostly consistent with major transportation corridors, economic development axes, or urban topographic features; (3) There are significant differences in the distribution scope, direction, and degree of dispersion of CAINIAO e-stations in different cities, which can be attributed to the spatial structure of the city, logistics demand, e-commerce penetration rate, and transportation network. These differences can be attributed to the combined effects of multiple factors such as urban spatial structure, logistics demand, e-commerce penetration rate and transportation network. The study provides empirical references for optimizing the layout of terminal logistics facilities and has important practical value. Read More

Abstract: With the rapid development and popularization of vehicle networking technology, the spatio-temporal big data generated by vehicles has brought new opportunities to the field of marketing. This paper aims to explore the marketing path analysis based on the spatiotemporal big data of the Internet of vehicles, and provide accurate marketing strategies for enterprises by digging deeply into vehicle driving data, driving habits and location information, etc. First, this paper introduces the basic concepts and characteristics of spatiotemporal big data of the Internet of vehicles, then introduces the collection and processing of the data of the Internet of vehicles, and then builds the feature engineering and the text based on CatBoost model to predict the future of consumers. Finally, this paper analyzes the application strategy path of spatiotemporal big data in marketing, including precision marketing, personalized recommendation and precision advertising based on user portraits. The method proposed in this paper can not only improve user experience, but also create higher business value for enterprises. Read More

Abstract: After the promulgation of the Minutes, the focus of controversy in equity repurchase VAM agreements has shifted from the legal effect of VAM agreements to the performance of VAM repurchases. At present, the main obstacle to VAM repurchase is the principle of capital maintenance and the restriction on equity repurchase, which makes it impossible for investors to exit through equity repurchase. After analysing the obstacles to the performance of VAM repurchases, it is proposed to adopt the solvency criterion to clarify the legally available funds. Clarifying the relationship between VAM repurchase and capital maintenance and opening up the restrictions on equity repurchase are the correct rule for reviewing equity repurchases. Read More

Abstract: The stability of the real estate market is of great significance to the healthy development of urban economies and societies. Public expectations, as the psychological judgments of market participants regarding future trends, play a crucial role in the fluctuations of the real estate market. Based on the theoretical connotations of public expectations, this paper systematically analyzes the impact mechanism of public expectations on real estate market fluctuations and explores the multi-dimensional pathways of influence from the demand side, supply side, and market sentiment. The research findings indicate that public expectations significantly impact the supply-demand relationship and price fluctuations in the real estate market by influencing housing purchase demands, developers' investment decisions, and market sentiment. During periods of market prosperity, optimistic expectations drive up demand and prices; whereas during market adjustment periods, pessimistic expectations suppress demand and lead to market downturns. Additionally, policy expectations play a significant guiding role in the behavior of market participants and market trends. Through case analysis, this paper further reveals the mechanism of public expectations in the actual market and proposes policy recommendations to strengthen expectation management, optimize policy design, and enhance the rational decision-making ability of market participants. The research points out that the complexity and diversity of public expectations make it an important endogenous factor in real estate market fluctuations. Policy makers, real estate companies, and homebuyers need to work together to address this issue in order to promote the stable and healthy development of the market. The research in this paper provides theoretical support for understanding the role of public expectations in the real estate market and offers references for the formulation of relevant policies and the decision-making of market … Read More

Abstract: To actively address climate change and promote emission reduction and carbon mitigation, the Chinese government has introduced environmental regulation policies such as low-carbon city pilots and green finance reform innovation pilot zones to drive the green and low-carbon transformation of the economy. Corporate green investment plays an indispensable role in this process. Against this backdrop, this paper treats the implementation of China's low-carbon city pilots and green finance reform innovation pilot zones as a quasi-natural experiment. Based on a sample of A-share listed companies in China from 2007 to 2022, the study employs a multi-period difference-in-differences (DID) approach to empirically examine the synergistic effects of these two pilot policies on corporate green investment. It also compares the differences in the implementation effects of dual pilot policies (low-carbon city and green finance reform innovation pilot zones) versus single pilot policies. The findings reveal that: (1) both the low-carbon city pilot and the green finance reform innovation pilot zone policies significantly promote corporate green investment, (2) the dual pilot policies effectively enhance the scale of corporate green investment, and (3) the dual pilot policies have a stronger impact on promoting corporate green investment compared to the implementation of either the low-carbon city pilot or the green finance reform innovation pilot zone alone, indicating a synergistic effect between the two policies. From the perspective of corporate green investment, this study provides theoretical support for promoting corporate green and low-carbon transformation and the green development of the economy. It offers policy recommendations for advancing low-carbon urban green development practices, including summarizing and promoting pilot experiences, adopting differentiated strategies tailored to local conditions, strengthening regional green innovation cooperation, and encouraging … Read More

Abstract: As an important cornerstone for the implementation of innovation driven developmentstrategy and an important support for transformation and upgrading, new infrastructure has inevitable requirements for the development of digital economy and the realization of high-qualitydevelopment. It mainly supports high-tech industries and applications, focuses on market-orientedinvestment and construction, and contributes to smart industrialization and smart industry. New technology is the key force to promote industrial change. It leads the transformation and upgrading of industries, such as the traditional manufacturing industry to digital transformation and intelligent upgrading, and improves production efficiency and product quality. New materials areimportant support for the country's strategic emerging industries and are of great significance to enhance the country's comprehensive strength and competitiveness. New materials cover many fields, such as high-performance structural materials, advanced functional materials, biomedical materials, intelligent manufacturing materials, and are widely used in aerospace, electronic information, energy conservation and environmental protection, biomedicine and other industries. New equipment is an important symbol of enhancing national military strength and international status. New product development is an important pillar for the survival and development of enterprises. Relying on the division of labor and technological innovation, the new format is a new link, new chain and new form of economic activities derived from existing industries and fields. The new type of business has positive significance for expanding the scale of employment, improving the quality of employment and optimizing the employment structure. To sum up, new infrastructure, new technology, new materials, new equipment, new products and new business types play an important role in promoting social and economic development, enhancing the country's comprehensive … Read More

Abstract: With the rapid development of the global shipping industry, emissions from ships during port berthing have become an increasingly prominent issue. As an effective emission reduction measure, shore power systems have received widespread attention. However, the promotion of shore power systems involves multiple stakeholders, including the government, shipping companies, ports, and power supply companies, each with different interests, leading to limitations in shore power adoption. This paper reviews the background of shore power promotion, the emission reduction effects of port shore power, government shore power subsidy policies, berth allocation optimization, and related research. Based on the analysis of existing literature, this study identifies key challenges in shore power promotion, such as the lack of coordination between government subsidy policies and port berth allocation optimization, as well as the low willingness of shipping companies to use shore power. This research aims to provide a reference for the government in formulating shore power promotion policies while assisting shipping enterprises in optimizing their operational strategies, ultimately fostering the widespread adoption of shore power and the green, low-carbon development of ports. Read More

Abstract: Power distance was first proposed in Hofstede's theory of cultural value dimensions and has garnered widespread attention from scholars in various fields such as sociology, organizational behavior, and consumer behavior. With the in-depth research and development of power distance, marketing scholars have introduced "power distance belief" (PDB) from the perspective of individual cultural values, thereby expanding the research scope of power distance belief. In recent years, power distance belief has gained some attention in the field of tourism, but the academic community still lacks a systematic review of its research findings. This article uses CiteSpace and VOSviewer software for literature analysis to reveal recent progress in power distance belief research abroad and summarize current research focuses. First, research on power distance belief in tourism is still in its infancy. Second, the research regions for power distance belief are primarily the United States and China. Third, future research on power distance belief in tourism can continue from the perspectives of tourism marketing and consumer behavior. Finally, based on current research themes, future research directions and prospects for power distance belief in tourism are proposed. Read More

Abstract: The interplay between green innovation and corporate value is critical in contemporary business research, due to environmental challenges and market shifts toward sustainability. A review of 10 years of studies across industries identifies three dimensions: green innovation's dual role, ESG integration, and regional/stakeholder factors. Key findings show green innovation enhances competitive advantage, but overinvestment risks exist. Hybrid innovation portfolios balance value creation. The review reconciles Porter Hypothesis with resource-based critiques, suggesting future research on longitudinal analyses and digital technologies. Read More

Abstract: With the continuous development of society, improving the quality of life for women and enhancing their sense of happiness and social belonging have become crucial issues in contemporary urban spatial planning. In 2006, the United Nations launched the "Women-Friendly Cities" public care project, emphasizing the integration of a gender perspective into urban governance. Since then, women-friendly initiatives have gradually become a focus of urban planning. Scholars both domestically and internationally have conducted a series of studies from various feminist perspectives. This paper, from the perspective of feminist geography, selects commuting spaces, public spaces, and landscape spaces as research subjects to analyze the current state of urban spatial planning in China and proposes corresponding reform suggestions. Read More

Abstract: Using a large sample of approximately 2,500 listed firms in China over the past thirty years, I examine the relationship between innovation output and firm performance, as measured by return on assets (ROA). I document a significant increase in the number of patents granted to Chinese listed firms domestically. My findings indicate that patent intensity—measured as the number of patents scaled by total assets—is positively associated with future ROA, even after controlling for various patent-related covariates, as well as year and industry fixed effects. These results contribute to the existing literature on the positive impact of innovation on firm performance, which has been well-documented in Western economies such as the United States and European countries. Furthermore, I identify heterogeneities in this relationship across industries, patent types, and firm sizes. Specifically, the effect of patent intensity on subsequent ROA is more pronounced among firms in the manufacturing sector, those with a higher intensity of invention patents, and those with greater market equity. This study provides new evidence on the real effects of innovation output on firm performance in the context of China’s listed firms. Read More

Abstract: The automotive manufacturing industry plays a pivotal role in China’s economy, with a steadily increasing market demand. Effective inventory management is crucial for ensuring service quality, cost control, and supply chain efficiency, particularly in the automotive parts manufacturing sector. This review synthesizes existing inventory classification methods and explores various inventory management strategies under supply chain uncertainties. By critically analyzing the current literature, this study identifies key research gaps and outlines future research directions. The findings provide a theoretical foundation for enhancing the precision and intelligence of inventory management while improving the industry's ability to mitigate supply chain uncertainties. Read More

Abstract: In this research, we investigated Hong Kong consumers' opinions and sentiments on HEMA, a new supermarket retail model. Through looking into Hong Kong consumers' present consumption patterns and selection tendencies at local retail supermarkets in Hong Kong. A quantitative investigation using an online questionnaire was conducted. This report proposes three marketing phases to enable HEMA to enter the Hong Kong market as a new retail brand in mainland China, localize HEMA in the Hong Kong market, establish HEMA's unique brand image, and gain popularity among Hong Kong consumers. Read More

Abstract: This study investigates the connectedness of two key green bond markets: the Shanghai Stock Exchange Green Bond Index (SSEGB) in China and the S&P U.S. Municipal Green Bond Index (SPMGB) in the United States. Using an R2 decomposed connectedness approach, we analyze the distinct dynamics between these indices. SSEGB demonstrates relative independence, driven by China's policy-oriented stability, making it attractive for long-term sustainable investments. In contrast, SPMGB exhibits heightened sensitivity to global shocks, offering short-term portfolio adjustment opportunities. These complementary roles underscore the critical importance of green bonds in promoting financial resilience and sustainability. The findings provide actionable insights for policymakers and investors, enhancing understanding of global green bond markets. Read More

Abstract: The purpose of this research project is to deeply analyze how the innovation of carbon finance mechanism drives the optimization and upgrading of China's industrial structure to a more low-carbon, environmentally friendly and efficient mode at the provincial level. Under the new situation of global climate governance, carbon finance, as an innovative financial instrument and institutional arrangement, helps China's economy to develop in a green and sustainable way by guiding and allocating financial resources through the market mechanism. The project adopts provincial panel data analysis methods and double difference models to systematically examine the innovative practices of various carbon financial products (e.g., green credit, green bonds, carbon emissions trading, etc.) and their impacts on regional industrial structure. Specifically, we will explore how the carbon financial mechanism can effectively mobilize social capital to invest in the fields of clean energy, energy saving and consumption reduction, and circular economy, accelerating the development and growth of emerging industries; at the same time, we will analyze how it can act on the traditional high-carbon industries through price signals, motivate enterprises to increase technological research and development, reduce the intensity of carbon emissions, and promote the transformation and upgrading of traditional industries. In addition, the project will also assess the interaction between government carbon emission reduction policies and carbon financial mechanisms, as well as the differences and effectiveness of different provinces in using carbon financial tools to promote the optimization and upgrading of industrial structure, so as to provide strong data support and theoretical basis for the formulation of scientific and reasonable carbon financial policies and industrial restructuring strategies in various regions of China. Read More

Abstract: Digital agriculture, as a key driver of rural revitalization and a primary solution to issues related to agriculture, rural areas, and farmers, holds significant importance in leveraging the three core components of new-quality productivity (revolutionary technological breakthroughs, innovative allocation of production factors, and industrial transformation and upgrading) to promote its in-depth development in the digital intelligence era. This study selects two representative digital agriculture cases in Guangxi, integrates collaborative innovation theory, and analyzes the current development status of digital agriculture. Through comparative examination of the unique characteristics and commonalities of these two cases, the research identifies universal challenges hindering digital agriculture progress. It proposes innovative solutions and development pathways to address existing difficulties and foster further growth, constructs new models for digital agriculture advancement, and maximizes the role of digital agriculture as a new-quality productivity engine to accelerate rural revitalization. Read More

Abstract: In the context of the rapid development of digital economy, its correlation with agricultural modernization and rural development has become increasingly prominent. This paper adopts a two-way fixed-effects model combined with a mediated-effects model to systematically examine the impact of digital economy on the process of agricultural and rural modernization and its transmission paths based on the panel data of 31 provincial-level administrative regions in China from 2011 to 2023. The empirical results show that the development of digital economy has a significant role in promoting the modernization of agriculture and rural areas, and that the digital economy can indirectly promote the modernization of agriculture and rural areas through the drive of scientific and technological innovation and the optimization of human resources. Read More

Abstract: The report of the 20th National Congress of the Communist Party of China stressed that "Chinese style modernization is the modernization of harmonious coexistence between man and nature", pointing out the direction for the construction of ecological civilization. As a lakeside city on the plateau, Kunming has become a typical representative of green development by virtue of its ecological advantages of "surrounding the city with mountains and surrounding the city with water". Taking Kunming as an example, combined with the ecological location advantages of Kunming, this study analyzes the impact of biodiversity measures on the urban ecological economy, analyzes the current situation and existing problems of its ecological economy development, uses factor analysis method to explore the important influencing factors on the coordinated development level of ecology and economy in Kunming, and puts forward policy suggestions from the aspects of system innovation, industrial transformation, ecological compensation, etc., in order to put forward new ideas and methods for the construction of urban ecological economy in the new era and the sustainable development of green cities. Read More

Abstract: As a new type of marketing, mystery box marketing, emerged in recent years, is uniquely valuable for research, both from the perspectives of consumers and operators. From the point of view of operators, the mystery box provides the opportunity to construct consumption symbols and value systems. In horizontal value construction, operators can generate the contents of package; in vertical value construction, they generate the contents of rarities. They establish rules for obtaining the benefits of values, attracting consumers to purchase. On the other hand, from the point of view of consumers, within the framework given by the operators, the benefits and the rules of the benefits undertake the consumer's experience of "exploring the unknown". Through the economic principles of scarcity, uncertainty, psychological effects, social interaction effects, and brand effects, mystery box marketing motivates the desire of consumers to purchase, promotes market demand and brand development and creates a unique consumption experience. Read More

Abstract: This study is based on panel data from 16 prefecture level cities in Anhui Province from 2015 to 2024. By constructing a comprehensive indicator system for the development of digital economy and common prosperity, the entropy method is used to measure their development level, and a mixed OLS model and fixed effects model are used to empirically test the impact mechanism of digital economy on common prosperity. Research has found that: (1) the digital economy has a significant positive driving effect on common prosperity, with regression coefficients ranging from 0.368-0.756 (P<0.01). Digital technology narrows the urban-rural gap by promoting flexible employment, rural e-commerce, and digital inclusive finance; (2) The regional heterogeneity is significant, with the digital economy having the strongest promoting effect on the central Anhui region (R²=0.869), followed by southern Anhui (R²=0.749), and northern Anhui (R²=0.293) being the weakest, reflecting the gradient differences in digital infrastructure level, industrial structure, and talent reserves between regions; (3) Between 2015 and 2024, regional disparities continued to widen, with the standard deviation of digital economy development increasing by 4.9 times and the range of common prosperity widening by 25.7%. The digital economy index of core cities such as Hefei (0.992 in 2024) reached 19.5 times that of the bottom ranked city. The research suggests that the focus should be on strengthening the digital infrastructure and smart agriculture construction in northern Anhui, promoting the digital upgrading of the industrial chain in central and southern Anhui, and promoting coordinated development through the construction of a regional digital economy alliance. At the same time, the government's ability to implement precise policies in digital governance should be strengthened to achieve universal sharing of the benefits of the digital economy. Read More

Abstract: This study investigates the developmental trajectory of Xinjiang's tourism sector within the digital economy framework, analyzing critical challenges while proposing strategic solutions. In the post-pandemic era, the cultural tourism industry necessitates innovative investment paradigms and development models that facilitate synergistic integration with rural revitalization initiatives, energy sectors, industrial development, and cultural preservation to attain substantive high-quality growth. The proliferation of modern information technologies and internet infrastructure has positioned the digital economy as a pivotal driver of economic growth and innovation, thereby infusing novel momentum into Xinjiang's tourism landscape. As a vital economic pillar in the region, the tourism industry confronts both transformative opportunities and implementation challenges in its digital transition. To address these issues, the research advocates for policy-aligned strategies that capitalize on regional comparative advantages while respecting cultural distinctiveness. This approach emphasizes the development of localized digital transformation frameworks, fostering cross-sectoral collaboration and sustainable industrial upgrading through targeted technological adaptation and institutional innovation. Read More

Abstract: In the era of intelligent technology, the emergence of digital technology has brought unprecedented changes to various industries. The 14th Five Year Plan and 2035 Vision Outline of our country point out that digital transformation will drive the overall transformation of production, lifestyle, and governance methods. Higher education conforms to the development of the times, establishes the concept of digital education, and carries out digital teaching. Digital teaching not only enriches the teaching content of the course, but also cultivates students' practical professional operation skills and enhances their exploratory ability in learning. This article introduces digital teaching through the course of Accounting, explores the application of digital teaching in university courses, points out the problems existing in current digital teaching in universities, and proposes countermeasures for building a digital teaching system. Read More

Abstract: With China's rapid economic growth, automobile demand has surged, making cars essential in urban households. This paper focuses on new energy vehicle (NEV) development in the Yangtze River Delta, analyzing policies and energy-saving strategies. By comparing global and domestic NEV trends, we evaluate energy consumption and carbon reduction pathways, proposing targeted recommendations to enhance NEV mechanisms and predict future prospects. Read More

Abstract: This paper has explored how organizational resilience influences employee innovation behavior in a VUCA environment. To test the relationship among employees' mental resilience and innovation behavior, this study used a meta-analysis to conduct a quantitative review of existing literature. Consistent with previous studies, this study found a significant positive correlation among organizational resilience and employee innovation behavior. Based on the analysis from the perspective of resource conservation theory, organizations encourage flexible practices, and employees can easily seek information or help within the organization and make innovation attempts. The findings indicate that uncertainty avoidance has a significant negative moderating effect on the correlation between organizational resilience and innovative behavior. This indicates that in a social environment with a high level of uncertainty avoidance, the correlation among innovative behavior and organizational resilience is low. This study also indicates that there was no significant difference in the type of measurement tools and gender differences in the positive effect of organizational resilience on innovation behavior. Through meta-regression, this study also found that the correlation among innovation behavior and organizational resilience was on the rise, indicating that in the international environment with increasing VUCA, the positive effect of organizational resilience on innovation behavior was increasingly prominent. This research has contributed to existing literature by elucidating the intricate dynamics among employee innovation behavior and organizational resilience within a VUCA environment. Read More

Abstract: At present, political short video has become one of the important ways of information dissemination and city image shaping in prefecture-level cities. "Bengbu Daily" is an important political communication platform in Bengbu City, and this paper takes this account as an example to explore in depth the factors affecting its content dissemination power, and through empirical analysis, it is found that the fusion of political information and hot topics, the use of celebrity effect, and the matching of popular music and labels have a facilitating effect on the dissemination effect. Meanwhile, it is further found that the account has problems such as officialization of style, lack of original content, and lack of operation skills. Accordingly, this paper describes the strategies to improve the communication power of Bengbu Daily's political short video content from three aspects: breaking the officialized expression, creating high-quality original content to explore local characteristics, and upgrading the use of skills. Read More

Abstract: Entering the third decade of the 21st century, digital literacy, as the core competitiveness of modern citizens, is profoundly reshaping the landscape of talent training in higher education. This study focuses on the interaction mechanism between public policy and college and university students' digital competence development, and reveals the key role of policy tools in bridging the digital divide. Based on the systematic investigation of existing policies, combined with the empirical investigation and typical case analysis of four universities, I construct a four-dimensional implementation framework based on policy leverage, covering core dimensions such as policy supply, resource allocation, capacity building and effect evaluation. The cross-regional tracking data collected by the research team shows that policy synergies between infrastructure development and curriculum innovation can improve education outcomes by up to 42%, while inclusive policies on access to digital resources can increase the ability of disadvantaged students to use technology by 27 percentage points. In the process of argumentation, it is pointed out that the construction of a digital literacy education ecosystem needs to break through the traditional governance model and form a policy closed loop in the dimensions of financial support, teacher training, and evaluation system, especially to solve the dual dilemma of lagging equipment update in colleges and universities in remote areas and the aggravation of the digital divide among urban students. These findings provide an empirical basis for the optimization of the policy toolbox of education administrations, and open up a new methodological path for universities to implement digital transformation strategies. Read More