Economics & Management Information

Study on the Economic Effects of Opening Up Guangxi Higher Education to the ASEAN

Bingbing Fu — 2024-12-11

With the promotion of the “Belt and Road” Initiative, education cooperation between China and ASEAN countries has increased, highlighting the opening of education to the outside world. In this context, exploring the opening-up pattern of higher education to ASEAN countries and the regional differences it shows, as well as the positive catalytic effect of international student mobility on regional economic development, is particularly urgent and important. By using CiteSpace, we find that the economic effect of opening up higher education to the outside world has become the focus of academic attention. Closely following this hotspot, this paper analyses the current situation of Guangxi's higher education in opening up to ASEAN countries and finds that although Guangxi has achieved initial results in attracting international students from ASEAN countries, there is still much room for improvement in terms of improving the quality of education and teaching and enhancing economic attractiveness. Moreover, opening up to ASEAN countries not only directly promotes the growth of Guangxi's outward foreign direct investment but also greatly promotes mutual benefits and creates a win‒win situation between the two sides in many fields, such as education and cultural exchanges and economic and trade exchanges. Given this, the government should promote trade and investment facilitation, encourage RMB settlement, promote the integration of industry and education clusters, and create an innovation highland for higher education openness and cooperation toward ASEAN countries.

An Empirical Study on the Impact of Local Financial Capacity on the Supply Efficiency of Ecological Public Goods

Xueying Liu — 2024-12-10

Improving the quality and level of ecological public goods supply is crucial for enhancing the public happiness index and ensuring ecological welfare. A high-quality ecological environment generates significant positive externalities, making the provision of such goods a key focus of government expenditure. The ability of local governments to adequately fund the supply of ecological public goods depends on the strength of their financial capacity. Based on the panel data of 30 provincial-level regions in China from 2007 to 2019, this paper uses the super-efficiency Slack-Based Measure (SBM) model and the dynamic Malmquist index to measure the supply efficiency of provincial-level regional ecological public goods including undesirable outputs. Furthermore, the panel Tobit model and the system Generalized Method of Moments (GMM) model are used to empirically test the impact of local fiscal capacity on the supply efficiency of ecological public goods. The results show that fiscal absorption capacity can significantly improve the supply efficiency of ecological public goods, and the economic growth preference of fiscal allocation capacity can also significantly improve the supply efficiency of ecological public goods, indicating that under the influence of the current economic structure transformation and ecological civilization construction, the distortion of local governments in the supply of public goods has been improved, while the administrative consumption preference of fiscal allocation capacity hinders the improvement of the supply efficiency of ecological public goods, and the fiscal self-sufficiency has a lag in improving the supply efficiency of ecological public goods. Fiscal transfer payments have significantly improved the efficiency of the supply of ecological public goods.

The Influence of Employee Mindfulness on Customer Satisfaction under the Background of Platform Economy

Ziying Li — 2024-11-28

Employee mindfulness can help improve employee engagement and customer satisfaction. In order to further reveal the action path of employee mindfulness and the influence of related factors, this paper reviews the internal action mechanism of employee mindfulness from the perspective of platform economy. By combing the action mechanism of the four core variables of employee mindfulness, state gratitude, work flow and customer satisfaction, a complete employee mindfulness action path is constructed to provide theoretical support and practical inspiration for enterprise managers, and help enterprises adapt to the changes of The Times and achieve healthy and sustainable development.

Research on the Mode of E-Commerce Assisting Agricultural Innovation and Entrepreneurship under the Background of Platform Economy—A Case Study of E-Commerce Assisting Farmers in Wenchuan County

Shiqi Liang — 2024-11-27

This paper takes the case of e-commerce aiding agriculture in Wenchuan County as an example to analyze the specific practices and economic benefits of e-commerce aiding agriculture in Wenchuan County. It is discovered that there exist problems such as backward infrastructure construction, shortage of skilled talents, and insufficient market credibility in e-commerce aiding agriculture in Wenchuan County. According to the innovation theory and in combination with the background of platform economy, this paper puts forward strategies and suggestions such as innovating the supply of industrial space, strengthening the introduction and cultivation of talents, and guaranteeing the quality and safety of agricultural products, with the aim of providing references for the development of rural e-commerce.

The Influence of Acculturation on the Sense of Gain of International Students in China: Perspective from Indonesia Students

Baby Natasia Chandrinova — 2024-11-21

Before the outbreak, statistical data from 2016 revealed that China was the third most significant global destination for international students by hosting 442,773 individuals. By 2018, this number had risen to 492,185, representing a 10.49 % increase from the previous year. Indonesia is notably among the top ten countries contributing to this demographic, with its students comprising 3.06% of the international student body in Chinese universities. The divergent cultural norms and academic expectations between China and Indonesia are anticipated to engender a unique form of acculturative stress among these international students. In the context of the perceived sense of gain among international students, certain scholars posit that these individuals are more predisposed to developing proficient mastery skills, which means that the sense of gain often facilitates the acquisition of new knowledge, thereby establishing a positive feedback loop associated with factors pertinent to college students’ acculturation or cross-cultural adaptation. This study examines the influence of acculturation on the sense of gain experienced by Indonesian international students. This paper investigates how Indonesian international students’ sense of gain was impacted by acculturation. For the sense of gain or satisfaction factor, the author will employ four variables in this study: satisfaction, psychological, social, and local culture. The data was analyzed using SPSS 26, which indicates that every independent variable is positive.

Enhancing Industrial Management through AI Integration: A Comprehensive Review of Risk Assessment, Machine Learning Applications, and Data-Driven Strategies

Tian Tian — 2024-11-11

This research investigates the transformative potential of integrating artificial intelligence (AI) with comprehensive risk management frameworks in industrial management. While AI applications have advanced in industrial settings, there is a lack of studies that fully integrate AI with macro risk factors such as PESTLE (political, economic, social, technological, legal, and environmental) and ESG (environmental, social, and governance) factors. These factors, often rooted in human activities and decisions, are critical to understanding and mitigating risks in complex industrial environments. By incorporating AI methods, such as machine learning and deep neural networks, organizations can enhance their ability to identify, analyze, and mitigate these risks efficiently. Recent developments, including OpenAI’s language models, further strengthen this approach by enabling large-scale data analysis and supporting real-time risk assessment and decision-making. OpenAI’s tools can interpret vast volumes of regulatory, economic, and social data, providing valuable insights to decision-makers. This research underscores the innovative potential of AI-driven risk management to enhance the stability and resilience of industrial management. By reducing human error and adapting to dynamic risk factors, this integration offers a forward-looking strategy for optimizing performance, ensuring operational excellence, and supporting sustainable practices across sectors.

Research on Marketing Innovation of Beihai Nanzhu in "Internet Plus" Era

Dan Wang — 2024-11-06

In view of the development status and existing problems of marketing of Beihai Nanzhu in the era of “internet plus”, innovative countermeasures such as dual-matrix layout, innovative design, joint-name IP, differentiated marketing and integration of literature and tourism can not only continuously optimize the marketing model of Beihai Nanzhu, but also expand its popularity and reputation.

Research on Cross-Border E-Commerce of China's Agricultural Sector and Its Enlightenment to Vietnam

Thi Bich Ngoc Bui — 2024-11-06

China leads the world in import and export activities through e-commerce. With substantial production capacity, China’s export market spans a wide range of goods, with agricultural products among the first to benefit from cross-border e-commerce (CBEC), achieving significant success. In contrast, although agricultural products are a key export sector for Vietnam, the adoption of e-commerce in this area has faced numerous challenges from the outset. This study examines China’s experience with CBEC in agricultural exports and identifies lessons to enhance Vietnam’s effectiveness in applying CBEC to its agricultural exports.

China-ASEAN Regional Bond Market Cooperation: Present Situation, Opportunity, and Strategy Choice

Xiuzhen Chen — 2024-10-29

A report from the 20th National Congress of the Communist Party of China underscored the necessity of maintaining the trajectory of reforming the socialist market economy and enhancing global openness. Strengthening cooperation in the China-ASEAN regional bond market and advancing high-level bond market liberalization are essential in establishing financial prowess. This paper reviews and summarizes the China-ASEAN regional bond market development within the context of international cooperation initiatives like the Belt and Road Initiative and the Regional Comprehensive Economic Partnership Agreement (RCEP). It analyzes the current state of international bond markets and local currency bond markets in ASEAN nations, systematically examines the opportunities, challenges, and risks associated with the development of the China–ASEAN regional bond market, and offers strategic recommendations for bond market collaboration based on the financial cooperation realities among these countries. The report provides significant insights for enhancing the Belt and Road Initiative and China-ASEAN financial collaboration within the RCEP framework, fostering regional economic integration and strengthening bond market cooperation and development between China and ASEAN nations.

Current Status and Analysis of Employment and Unemployment Statistics in China and Vietnam

Thi Thao Nguyen — 2024-10-28

This research examines the employment and unemployment situation in China and Vietnam from the perspective of their employment and unemployment statistical survey systems and methods. Firstly, based on the International Labour Organization’s definitions of employment and unemployment, the paper compares the conceptual definitions of employment and unemployment in China and Vietnam, further analyzing the similarities and differences in the statistical survey methods of the two countries. Secondly, it provides a comprehensive description of the basic situation of the labor market employment and unemployment in China and Vietnam from 2018 to 2023, revealing the common challenges faced by the employment markets of the two nations. Finally, based on the analysis of issues related to employment and unemployment statistics in China and Vietnam, the paper proposes targeted countermeasures and suggestions to improve the stability of the employment market and enhance the protection of workers’ rights.

The Effectiveness of Internal Control Systems in Preventing Financial Fraud: A Case Study of Multinational Corporations

Xinyan Ding — 2024-10-18

This case study examines the effectiveness of internal control systems (ICS) in preventing financial fraud, with a focus on the Volkswagen (VW) emissions scandal known as ‘Dieselgate’. This paper discusses the internal control problems reflected in this case, including a series of problems such as insufficient division of labor, insufficient supervision, insufficient communication and imperfect approval. These deficiencies allowed the fraud to continue for nearly a decade, resulting in significant financial penalties and reputational damage, reflecting the role of internal control failures in asserting financial fraud. As a result, the study highlights the importance of cultivating an ethical corporate culture, strengthening risk management and ensuring strong internal controls to prevent similar incidents in multinational companies.