bluuebunny/crossref_metadata_2025 huggingface dataset:
Comparative Analysis of Chinese and American Basketball Player Training Systems
Authors: Zhou Ruiqi
Published: September 2023

Chinese basketball have not achieved satisfactory results in international play for a long time. Many researchers have tried to find the reasons for the weaknesses of Chinese basketball, but most of the researchers have not thought from the perspective of training system. As the birth place of basketball, America is in the lead in many aspects, such the achievements in international plays, the level of professional players. American basketball training system must be heuristic and progressive. So, the research topic of this text is the differences between Chinese basketball training system and American basketball training system. The research methods of this text are: case study method, literature survey method. Research findings: (1). the training systems for students players in China and America are similar. But Chinese major training system is youth academy, instead of campus basketball. (2). In China, youth academy untimely professionalize players. Players in youth academy are generally lack of education. (3). In China, youth academy hinders the development of campus basketball, because the youth academy holds most of the outstanding coaches and youth players. Research suggestion: (1). Youth academy should be canceled (2). Government should clarify what state sector should be responsible to promote the development of campus basketball, and invest more to improve the facility in public schools.
A Study on the Problems and Countermeasures of Legal Regulation of Private Lending
Authors: Niu Zhizhao
Published: September 2023

Private lending is widespread in China, and as a useful and necessary complement to formal finance, it is becoming increasingly important in the country's economic development process. The activity of private lending is in line with the profit-seeking nature of market players, enabling the effective use of a large amount of idle social capital, and temporarily alleviating the contradiction between the high lending threshold of formal financial institutions and the lack of timely satisfaction of the capital needs of small and medium-sized enterprises, which has contributed to the development of diversified financing methods. However, while playing its irreplaceable role, the overheated private lending market may also leave a series of sequelae to China's immature social and economic structure at any time, including the lack of supervision and management mechanisms, insufficient regulation of intermediaries, the risk of disputes and the impact on financial institutions. This paper presents a comprehensive analysis of the legal regulation dilemma of private lending in China, and discusses the path of private lending regulation from the levels of special legislation, perfecting supporting systems, and prudently handling related disputes, in order to achieve the early realization of sunlight, standardization and legalization of private lending.
Portfolio Optimization Based on 10 US Stocks
Authors: Li Yutong
Published: September 2023

Focusing on the U.S. market, this research selects ten high-capitalization U.S. stocks in different industries and uses stock price forecasting in machine learning as well as Monte Carlo simulation to explore the efficient frontier of assets. Besides, this paper builds a portfolio with equal weight, maximum Sharpe ratio, and minimum volatility criteria, respectively. The results show that the Exxon Mobil Corporation possesses the largest proportion of the maximum Sharpe ratio portfolio, and the UnitedHealth Group Inc. accounts largest weights for the portfolio with the minimum volatility. In addition, this paper also compares the cumulative returns of the three investment portfolios with the important index NASDAQ of the US stock market. The results indicate that that the above mentioned three portfolios are all better than the benchmark index and can obtain a higher return. The results may shed light on some investors' approach to portfolio management during this extraordinary time.
Portfolio Optimization for Entertainment Industry in Chinese Capital Market
Authors: Yu Xiangying
Published: September 2023

Building an investment portfolio is one of the most common ways for investors to hedge their risks. This paper examines the investment market in China's film and entertainment industry by selecting five leading A-share companies in the film and entertainment industry. Five representative stocks from these industries were selected for analysis in this paper: Guomai Culture & media Co., ltd., Beijing Funshine Culture Media Co., Ltd., Mango Excellent Media Co., Ltd, ZHEJIANG HUACE FILM & TV CO., LTD, Alpha Group. The closing price data of these five stocks in the past year were selected and 4000 different portfolios were simulated using the Monte Carlo simulation method. Then, the mean-variance model was used to select the portfolio with the maximum Sharpe ratio and the portfolio with the minimum variance. After the weights of the two groups of assets are obtained, this paper uses the actual income data for the last month to test the performance of the portfolios. The results show that ZHEJIANG HUACE FILM & TV CO. have the largest weights in both the maximum Sharpe ratio model and the minimum variance ratio model, but the evaluation of the weights shows that the large-cap results perform better than the above model.
The Imbalance in Home-based Elderly Care in China: Niche Market Opportunity and Lessons from Japan
Authors: Chen Yuzhong
Published: September 2023

In recent years, there has been a profound shift in the demographic structure in China, with an increasingly severe trend towards aging. This study employs a comparative analysis based on recent data from China and other 26 countries to highlight the unique features of Chinas aging society. Despite having a similar trend of declining birth rates as developed countries, Chinas elderly dependency ratio is higher than that of developing countries. This phenomenon will inevitably impact the Chinese value of filial piety, while also presenting an opportunity for the development of the elderly market, particularly in home-based care. However, due to the nascent stage of Chinas elderly care market, significant gaps still exist. To address this, the paper adopts Japan as a case study and highlights favorable measures that Japan has implemented which may be considered opportunistic for future home-based care market in China. Finally, feasible suggestions are provided to address the imbalance between supply and demand in the home-based care market.
Analysis of Overdue Loans from Customers and Factors Affecting Banks' Recovery Strategies
Authors: Bai Xuening
Published: September 2023

Banks still want to recover part of overdue loans, and choose a corresponding debt collection strategy for each customer based on some factors. The article uses cross-sectional analysis and nonparametric tests to determine the factors that influence banks' recovery of loans. From the analysis, recovery strategies and sex are independent of each other. Loan recovery ratios are related to the cost of debt collection strategies. A binary logistic regression model concludes that gender, age and expected recovery amount did not influence the choice of debt collection strategy.
From Donald Trump to Joe Biden: The Adjustment and Continuation of U.S. Policy on Irans Nuclear Program
Authors: Liang Shuming
Published: September 2023

This paper is targeted at the policies and adjustments of the United States against the nuclear program of Iran during the administration of Donald Trump and Joe Biden and attempts to analyze the reasons and motivations. After the Trump administration took office, the United States unilaterally withdrew from the Joint Comprehensive Plan of Action (JCPOA) and implemented an all-round suppression of Iran. On the contrary, President Biden has shown a strong willingness to rejoin the deal and released goodwill to Iran frequently. Bidens policy seems to be significantly different from that of Trump, but it does not deviate from the framework of the Trump administration. This paper explores the foreign policies of the two governments towards Iran through three levels of analysis and uses cognitive psychology to analyze the influence of Trump's personal factors on his policies. It concludes that Trump's policies on Iran nuclear issue during his administration are mainly affected by his political personality and national security environment, while Biden's strategic adjustment to the foreign policy is more influenced by political pressure at home and abroad besides national security.
Research on Personal Information Protection Legislation in the Digital Age: Based on the Comparison of Current Legislation in China, America and Europe
Authors: Yi Wang
Published: September 2023

With the development of Internet technology and the application of big data, the collection, dissemination and use of information become more convenient, people's private lives become more transparent, and concerns about information disclosure or illegal treatment of personal information also follow. By using the methods of literature analysis and comparative analysis, this paper tries to improve the legal protection mechanism of personal information in China by studying the latest legislation in Europe and the United States, and combining the national conditions and actual situation in China. Although the CCPA of the United States and the GDPR of the European Union have great reference significance, they should also pay attention to the potential problems existing in these two legislations, demonstrate the applicability of their practices with an objective and critical view, and formulate a personal information protection legal system with strong applicability that is suitable for China's national conditions.
The Role of Big Data in Identifying Modern Financial Fraud: A Case Study of Zoneco Group
Authors: Li Kailin
Published: September 2023

With the development of market economy and modern science and technology, some listed companies' financial frauds are constantly discovered and exposed. Taking Zoneco as a case, combining with fraud triangle theory, this paper analyzes the background, causes and means of financial fraud in enterprises, which is different from the traditional way of combining financial statement data analysis with on-the-spot inventory. This paper discusses that modern big data technology provides a more innovative and intuitive method for identifying fraud, and broadens the way for maintaining the stability for the securities market.
The Relation Between Risk and Portfolios Risk Management Project Portfolios
Authors: Liu Ruofan
Published: September 2023

Project Portfolio Management (PPM) is a subsidiary of project management. It is used to control and coordinate the projects in various organizations' portfolios with clear objectives of maximizing the project results, balancing portfolio threats, and aligning the projects to meet the business's strategic aims. In many organizations, PPM is ranked on a higher level than the project management concept because the goal of PPM is to achieve the strategic objectives of an organization. However, risks typically arise during project implementation and management. The project managers constantly work to minimize the project risks while simultaneously maximizing the intended values of a given project. The project management teams should manage the risks while achieving the strategic goals and objectives of an organization. This paper discusses the relationship between PPM and risk management during the project implementation process. The paper explored the use of a systematic literature review to come up with these critical findings. The author recommends that there's a need to use empirical data to validate the existing theories and published literature findings. The project Portfolio Risk Management (PPRM) has practical and theoretical approaches in risk management (RM), decision theory, and modern portfolio theory. The use of a systematic literature review approach was used in the execution of this study to gain more insights into the influence of risks on project portfolio and success, identification of the project portfolio risks, and the management of risks in the project portfolio management context.
Understanding the Importance and Profitability Impact of Debt to Equity Ratio on Companies
Authors: Zhang Xiaolan
Published: September 2023

The progressive debate on the capitalist system of capitalism has been one of the most important institutional topics in the literature since Modigliani and Miller (M-M theorem 1958 and 1963) incorporated it into origin and education. Financial impact on company value. To address this issue, it relied on an international agency that has evaluated the performance of large and low-debt companies since 2004. December. until 2018 The findings showed the performance of large debt capital companies. significantly lower than the low debt-to-equity ratio. We noticed tall companies. Businesses are designed to be financially stable and therefore cheaper than their peers, as higher debt leads to less bankruptcy losses. Interestingly, our research focuses on specific areas: cross-border, cross-sectoral, added value and long-term analysis. These empirical data later contradicted M. M.'s recommendations on the principle of inequality in the capital system (1958; 1963).
From a stock market perspective: Is Lockdown Policy the Best Long-term Solution to COVID? Evidence from China and the UK
Authors: Wang Yi
Published: September 2023

As one of the most frequently-taken measures to combat the COVID-19 viral spread, the lockdown policy had always been questioned with its impacts on the stock markets and accessibility in the long run. In this paper, I examine the respective stock closing prices of FTSE.GI and 0.000001SH in the UK and China, the countries that had announced lockdown policies several times to find out whether the lockdown restrictions and relaxations negatively affected the investors and their performance in the stock market. By analyzing the stock data with economic theories, it is found that although the markets did show positive returns in the final phases of declarations, they went through low liquidity, high volatility and negative returns for the majority time. Furthermore, the results also suggest that because of the presence of economic inertia and negative investor sentiment, further lockdown had adversely impacted the stock markets, indicating that the alternant lockdown announcements (restriction and relaxation) are not the best long-term solution to COVID from a stock market perspective.
Why China Became the First Major Country to Implement the CBDC
Authors: Yang Yanze
Published: September 2023

It took only four years for China to transform CBDC research and development into pilot projects. Among the countries engaged in CBDC research, China may have made the fastest progress in CBDC research and development. However, the current research focuses mainly on mechanism and the design of e-cny and its geopolitical implications, and does not answer the question why the people's Bank of China became the first major country to implement CBDC. To answer these questions, this paper analyzes the institutional foundations from a macro strategic perspective that have allowed China and the PBoC to lead the world in testing CBDC. Then this paper analyzes Chinas CBDC development process with a focus on the role of Chinas financial regulatory institutions and policy innovation. It identifies the key agencies and key decision makers in the process of Chinas CDBC research and development process. It also provides a comparative analysis of Chinas institutional feature vis--vis the United States to further illustrate Chinas institutional settings for it to be the first to launch CBDC.
How Does Economic Growth Affect the Economic Inequality in China?
Authors: Gu Wendy Tianjia
Published: September 2023

This analysis focuses on the economic theory and the data presented for both economic growth and inequality from 1960 to 2020 in China by examining the influence of economic growth and development on Chinese economic inequality. The purpose of this research is to find the relationship between economic growth and inequality by determining the negative correlation and examining both negative and positive aspects of economic growth and its relationship to living standards.
The Combination of AIs Powerful Data Algorithm Capability and Finance
Authors: Huang Lefei
Published: September 2023

The way many industries function is changing as a result of the advancement of artificial intelligence technology. Under the influence of the digital revolution, the financial industry has seen significant changes and advancements. This paper will explore some specific impacts on the financial data industry from the role of AI in modern society and the expansion of various industries. It is mainly used to explore whether AI really plays an irreplaceable role in the field of finance and related data, as well as its advantages and disadvantages. Through the practical application of AI-related technology, as well as the reflection of the industry being used by people today, the importance of AI is explored by some examples. AI's role in today's world, especially in related fields such as finance, is undoubtedly very important, but there are still many risks that people need to pay attention to.
How Futures and Insurance Can Effectively Prevent the Risk Caused by the Price Decline of Live Pig
Authors: Zhang Chi
Published: September 2023

The instability and large-scale cyclical fluctuation of China's live pig prices have had a great impact on the whole live pig industry chain. In 2016, the Chinese government launched the to promote the development of the live pig futures market as an effective means to restrain prices and avoid risks, while reducing the cost pressure of pork demanders such as pork processors. This paper will start with the concept of futures and hedging, and analyze how relevant enterprises use futures hedging to avoid the risk of price reduction through China's lower live pig market, as well as how the whole market benefits.
Exploration of Earnings Management and Lexical Richness: A study of companies in North America
Authors: Liu Jingna
Published: September 2023

This paper investigates how the lexical richness of a corporations annual financial reports connects with earnings management (EM) in all industry sectors (except industries with different accounting methods, such as Utilities and Financial services) and in North America only. In order to explore the above-mentioned relationship, this study introduces new variables Type-token proportion (TTR). Utilizing the TTR and the square root of TTR (denoted as Unique Index in this paper) to quantify the lexical extravagance of the management discussion and analysis section of the annual report (MD&A), this paper anticipates and finds that firms probably going to have manipulated their earnings to beat the previous years benchmark and have MD&As with high-level writing proficiency (a kind of complexity). This is coherent with the conclusion of Lo et al.s paper: good news is inherently easier to communicate, and suggests that words of choice help complicate disclosure and conceal bad news.
Delving into the Security Side of Decentralized Finance Applications
Authors: Xie Wenhao
Published: September 2023

This article is a study on the security of decentralized finance. We summarize the background and application of decentralized finance, as well as the development history and latest research of decentralized finance. Moreover, we propose a classification framework for existing various DeFi DApps. We also manually collected attacks against decentralized financial applications and classified them by category. Through some case studies, we give some best practices for practitioners in decentralized finance industries to avoid or defend against attacks.
The Impact of Three Red Lines Policy on Chinas Real Estate Industry
Authors: Yang Chenrui , Zhang Xiaojian , Zhu Youzheng , Sun Yizhuo
Published: September 2023

This paper seeks to comprehensively investigate the extent to which the Three Red Lines Policy has affected the real estate industry. The Three Red Lines policy are financial regulatory guidelines in China introduced in August 2020To figure out the impact of the Three Red Lines Policy, this paper studies the intentions of the policy, a case study on the comparative stock price changes of Vanke and Evergrande and predicting the future stock changes of Vanke through python, and an analysis of how property companies change. The findings suggest that the policy has cooled down the overheated property market, and because it limits the debts to the real estate sector, it has also changed the development trends of the industry. The Three Red Lines Policy would have a profound impact on the future development of the real estate industry.
Assessing the Effectiveness of Fraud Detection Models
Authors: Yin Sonia , Lai Xintong , Qin Xinyi , Yuan Qiyue , Chen Xingyu
Published: September 2023

Our research seeks to determine whether the detection of potential fraud in China-listed U.S. companies could be measured by the U.S. M-Score and F-Score models. Then, we group the data for 18 pairs of companies to make a t-test defined as the average difference between firms' M-scores or F-scores before and after the fraud. Moreover, more detailed information about these companies, financial fraud methods and motives, and ways to prevent financial fraud. Through our preliminary research, these two U.S. detection models can be used to detect financial fraud for Chinese-listed U.S. companies in statistical significance. With this premise, we also do an additional t-test to prove the standing adverse effects of committing fraud on firms.
The application of blockchain and robo-advisors in wealth management literature review
Authors: Li Ziyi
Published: September 2023

This paper aims to study the blockchain in the field of financial ecology as the carrier, optimize the consensus mechanism, and use intelligent consulting as an analytical means to provide investors with an objective, low-cost asset allocation portfolio. This article begins with an introduction to the features of blockchain decentralization and tamper-proof execution of algorithms, how proof-of-work works, and how tokens can improve welfare and reduce user base volatility. The paper then introduces how robo-advisors work and how they develop. Finally, this paper reviews existing research models on robo-advisors, from the traditional mean-variance model based on Markowitz to the jump-diffusion, regime-switching model, and the Pi portfolio management model that does not require quantifying risk preference coefficients, which this paper discusses and seeks to explore the advantages and limitations between the different models. Based on the existing research gaps, the directions that digital finance can expand in the future are discussed.
The Performance of Chinas Blind Box Industry During the Pandemic: A Case Study on Pop Mart
Authors: Lu Yinxiao
Published: September 2023

The Chinese pop toy market is now in its golden period of development. Blind box, as one of its product categories, occupies the largest market share in the Chinese market, with Pop Mart being the representative company of the Chinese blind box industry. The purpose of this paper was to explore the reasons for Pop Marts dramatic growth during COVID-19. It differed from previous articles in that it further analyzed the impact of the pandemic on consumers psychology and their subsequent purchasing behaviors. Document, case, and data analyses were employed to analyze this article. The research concluded that the purchase of Pop Marts blind boxes allowed customers to alleviate the negative emotions generated by the pandemic and facilitated the connection with society. The curiosity and desire for unknown products drove impulse and continuous consumption because of the gambling psychology. Besides, the interests and distribution of expenditure of consumers would also affect sales of Pop Mart.
Research on Product Marketing of Procter & Gamble
Authors: Han Xini
Published: September 2023

Despite the huge impact of covid-19 on the world, fierce market competition has always existed. This paper mainly analyzes the current situation of P&G and the differentiation strategy and knowledge marketing used by P&G for products through swot analysis and porter's five force analysis. The result of this study is that Procter & Gamble promotes products through a combination of differentiation strategy and knowledge marketing. This paper provides certain guidance for the same type of fast-moving consumer goods enterprises in the case of fierce market competition.
Comparison and Analysis between the Different Social Software
Authors: Jiang Zizhan
Published: September 2023

This paper mainly introduces the Differentiation strategy which is one of the three basic strategies. For an enterprise, in order to occupy the leadership advantages from the competitive market, its managers should improve the comprehensive and sustainable development ability of enterprise management, as well as independent innovation and development ability from the perspective of business strategy, and rely on product technological innovation, scientific enterprise management and other comprehensive means, to form a differentiated competitive leadership advantage suitable for their own characteristics. Therefore, the differentiation strategy causes various products in different markets. This paper will compare and analyze the differences between different social Software on a strategy level by using literature analysis. It can be concluded that a differentiation strategy can help enterprises survive or even go beyond old companies in the market by attracting different customers group.
Analysis of the Influence of Enterprise Mergers and Acquisitions on the Stock Market
Authors: Yu Zhirui
Published: September 2023

The global M&A market has been growing rapidly in recent years. With the development of emerging markets, M&A can be seen in almost any event that affects the direction of the market, especially in stock market volatility, where the impact of M&A is sometimes a factor that cannot be ignored. In many different situations, M&A can have a different impact on overall stock market volatility. Through this process, we will show the intrinsic relationship between stock market turbulence and corporate M&A transactions through analysis to improve the in-depth measurement of M&A activities by companies. From several perspectives, we will use literature reading and analysis methods to conduct an analysis of the impact of corporate mergers and acquisitions. The study will show that the relationship between stock price fluctuations and M&A transactions is complementary, and that the development goals and status of the firm will determine whether M&A can have a positive impact on the stock market.
The Financial Statement Analysis of PepsiCo
Authors: Ma Nanxin
Published: September 2023

This paper analyzes the business strategy and financial performance of PepsiCo. PepsiCo is one of the most successful consumer goods companies in the world. With the demand of business expansion, PepsiCo has just experienced the 2019 coronavirus disease period. It is necessary to have an in-depth understanding of PepsiCo's performance to understand what strategy PepsiCo is taking and PepsiCo's performance in this unique period. I have determined the strategy of Starbucks through Porter's five forces analysis, SWOT analysis and value chain analysis, and given the overall strategy adopted by PepsiCo. Next, i will first give an overview of PepsiCo' annual report. Then, i made a common size analysis on the three financial data. This analysis reveals PepsiCo's ability to operate well and generate revenue in the future. It is hoped that it can provide enlightenment for the operation of consumer goods companies, and stakeholders can have a new understanding of PepsiCo.
Analysis of the Importance of Love and Brand Marketing to Diamond Product SalesTaking Darry Ring as an Example
Authors: Wang Jinxuan
Published: September 2023

As an industry with a very long history of development, diamond products are now very diversified in marketing methods, but adding love attributes to products is still the mainstream of diamond marketing. In previous studies, the research generally focuses on the diamond export control adopted by De Beers and the marketing miracle of "A Diamond is Forever." However, today's diamond industry has a more innovative way of publicity. This paper is making efforts to analyze what impact love and brand marketing can bring to the diamond industry. The turnover changes in recent years of the Chinese diamond brand Darry Ring and its unique and innovative marketing methods are going to be analyzed. The result shows that the marketing method of "a man can only customize one ring in his life" adopted by Darry Ring has brought great social attention and sales growth to the brand. At the same time, this innovative concept has also helped Darry Ring successfully shape its brand image, which is obviously different from the traditional diamond product brands and is highly sought after and welcomed by consumers.
A Study on Prepayment Risk of Residential Mortgage-backed Securitization in ChinaA Case of "JIAMEI 2018-1 MBS Program"
Authors: Jiang Xinran , Yin Zhichuan , Lin Yinan , Lei Nuo , Wu Kangning
Published: September 2023

The Residential Mortgage-Backed Securities market (RMBS) has played a large role in enhancing the liquidity of mortgages, and in relieving the pressure of capital constraints on commercial banks. There are three main risks associated with residential mortgage-backed securitization: prepayment risk, interest rate risk, and default risk. This paper analyzes the prepayment risk in the "JIAMEI 2018-1"RMBS, the largest single RMBS product of the Postal Saving Bank of China (About 14 billion RMB). We introduce the JIAMEI 2 018-1 and study the factors that affect its prepayment risk. Using data, we conclude that the products involved in this case have comparatively low prepayment risk, even under the double influence of the housing finance policy tightening and the impact of the COVID-19 Pandemic.
The Effect of Environmental Administrative Punishment on Water Pollution: An Analysis from the Perspective of Game Theory
Authors: Wang Chufan
Published: September 2023

The water resource pollution in China is very serious, and as a kind of public goods, water resource is easy to cause "free riding" behavior in the process of consumption. How to eliminate the interest conflict between different economic subjects? Environmental administrative punishment is one of the answers. This measure based on the Pigou theory is the foundation of Chinas environmental governance. From the perspective of game theory, this paper analyzes the effect of administrative punishment means of the water resources environment by constructing and analyzing the game theory model and concludes: that the unreasonable setting of the administrative punishment system for the water resources environment and the incomplete implementation process make its effect poor. Finally, the paper puts forward improvement suggestions from three aspects: strengthening supervision, system innovation and the application of Coase theory.
The Replicability of Chinas Economic Development in Smaller Economies
Authors: Hu Awu
Published: September 2023

From one of the world's most impoverished countries to currently the world's most active international trade participant, China and its economic growth in the past few decades is a constantly discussed and debated topic amongst the world's most prestigious politicians and scholars. Aware of China's economic accomplishment, officials from developed and developing countries ponder if China's triumph can be replicated in developing countries that aim to repeat China's success. Although some developing countries, mostly ones that are limited in economic size, have great ambitions to follow the path China once took that led the latter to prosperity, many experts warn that China's economic growth was deeply reliant on the size of its economy and questions if such experience can be replicated outside of economies massive in size, for instance, Singapore. Therefore, this essay aims to determine if Singapore can be as developed as it is if China's past developmental plans were utilized in this relatively small economy.
How America Responds to the Inflation Caused by Covid-19
Authors: Li Weiyu
Published: September 2023

The Covid-19 pandemic has brought global inflation. Billions of people have been confined to their homes for months, unable to go to work. As an example, in the United States, which has the largest number of Covid-19 confirmed cases, the impact of the epidemic on their economy cannot is a big problem. According to the research, many of them contain the development of inflation by the Covid-19, but few papers research talk about the response of inflation for Covid-19 in U.S. central bank and the company overall. This research could serve as a model for other countries facing inflation. Therefore, this paper will use the background of the United States to explore the causes of inflation, the central bank's strategy, and how inflation reflects the difficulties faced by American companies. This paper mainly uses literature, case, and data analysis methods. Based on this paper, it was found that the fundamental factors of inflation were the imbalance of supply and demand and the break of the supply chain. But because of the Federal Reserves initial miscalculation about the duration of the Covid-19, they switched monetary policy from loose to tight in order to curb inflation. And American companies Apple and Amazon are both facing rising costs, labor shortages, and supply chain disruptions, but their solutions are different because of changing consumer preferences.
The Uncoordinated Development of Virtual Economy and Real Economy in China from the Perspective of Financialization
Authors: Wang Kaibo
Published: September 2023

The social implications of the Internet's and virtual goods' rapid expansion make the global impact of the virtual economy an intriguing subject. The paper examines the disparity between the real economy and the virtual economy from the viewpoint of economic financialization using a method of literature review. The paper comes to the conclusion that, from the standpoint of financialization, the speed of global virtual economy growth has significantly outpaced that of the real economy, creating a challenging environment for economic growth. The expansion of the virtual economy must be controlled, and the growth of the real economy must be accelerated.
Analyzing Video Game Companies Marketing Strategy
Authors: Yang Bohan
Published: September 2023

With the development of the times, more and more people focus on video games. Some video game companies have also developed with this wave. The paper, through a method of SWOT, explores three video game companies (Tencent, Netease, and Nintendo) marketing strategies and shows optimization and safety precautions that are feasible for them. It hopes to provide some insightful suggestions for further development of Tencent, Netease, and Nintendo.
Analysis on the Leverage Effect of Stock Market in China and America Based on EARCH Model
Authors: Zhou Zixiang
Published: September 2023

Volatility in the stock market as a significant standard is always used in the risk assessment field. Among them, asymmetry is the main feature of stock market volatility, and the leverage effect is one of the important mechanisms of asymmetry. It is of positive practical significance to study the leverage effect of stock market volatility in the open economy. In order to make volatility research more quantitative, economists proposed the ARCH model and continuously modified and innovated it, which expanded to the ARCH family model. This essay selected the 10 years of data (from 2012 to 2022) of the Shanghai Composite Index and the S&P500 Index that represent China's stock market and the American stock market, respectively, based on the EGARCH model, one of the ARCH family models, to analyze their volatility and by using Eview12.0 to build the EGARCH model to assess the leverage effect for both markets and compare the two market differences. As a result, it illustrates that both markets have significant leverage effects and the investors in two markets have obvious "herd behavior". Based on this empirical conclusion, the paper finally puts forward the corresponding policy suggestions for the government and stock investors.
Supply Chain Management Benefits Enterprises from Different Social Economic Perspectives
Authors: Lin Caiyi
Published: September 2023

Supply Chain Management has been used by many enterprises, and the benefits it brings are undeniable. However, many factors decide the implementation of Supply Chain Management results, from the legal provisions and market status at the macro aspect to the executive philosophy of the manager at the micro level. As a result, this essay will specifically study whether different Social and Economic Perspectives will influence the result of Supply Chain Management benefits enterprises. Although a variety of relevant researches have shown the advantages of applying Supply Chain Management for enterprises, there is still a bias that is easy to be ignored, which is from different Social and Economic perspectives. Therefore, the goal of this essay is to find whether companies using Supply Chain Finance from different Social Economic Perspectives will still be benefited. Based on literature analysis, the main research method of this essay is to analyze and compare the examples of using Supply Chain Management to bring results under a different social and economic market system. For different firms in different social and economic perspectives, Supply Chain Management has its existence significance. Although the implement Supply Chain Management will have some risks, its benefits are more meaningful for the enterprises and market operation.
Research on the Identification of "Beneficial Owner" in Tax Treaties: Based on Case Analysis
Authors: Feng Hui
Published: September 2023

Nowadays, with the development of cross-border trade and the increase of tax agreements signed between countries, money laundering and tax treaty abuse crime is more and more rampant. The beneficial ownership rule first introduced in the last century by the OECD is an effective way to curb it. Based on introducing the origin and development of beneficial ownership rules, this paper analyzes the differences in international identification standards, then adopts the case analysis method to discuss the differences in the identification standards of beneficial ownership in tax treaties, and finally puts forward suggestions for the construction of a rational identification standard for beneficial ownership.
The Management Mode of Subway Localization in China
Authors: Sun Yuanchen
Published: September 2023

Subway gains more attention from the herds than before for the simple reason that the growth of fast food is regarded as an essential part in catering services. In that case, there are a myriad of risks in the process of Chinese indigenization. Based on the theoretical support of management theory and SWOT analysis, the management problems of Subway in the localization of China are analyzed. The study found that Subway had three problems after entering China, namely product innovation, operation procedure and advertising. Suggestions on these obvious problems will be given to provide reference for Subway in the future.
Research on the Positive Economic Influence of Subsidized Housing in the U.S. and China
Authors: Wang Mutian
Published: September 2023

The subsidized housing policy is one of the main policies to solve the housing problem for low-income populations worldwide. This essay quickly explains how the growth of subsidized housing boosts consumption and jobs in the economies of China and the United States. In order to analyze the growth of the economy more specifically, this paper mainly emphasizes the growth in employment and the local labor market. After explaining the basic principles and general economic performance, this paper also analyzes the real cases of the United States and China in detail. The practices of reasonable subsidized housing policy, whether in the short-term or long-term, provide many low-income people with jobs and gives them more stable houses to live in. Combining the analysis, this paper concludes that subsidized housing has a significant positive effect on economic growth and social stability. Therefore, both in developed and developing countries, local and central governments should promote the implementation of subsidized housing policies.
Analysis on Debit and Credit in Ancient China
Authors: Yuan Runming
Published: September 2023

With the rapid development of the economy and the rise of network finance, people engage in more financial activities, and people are increasingly inseparable from the financial system. This paper mainly studies how to borrow and lend when people need capital turnover in ancient times. By understanding the financial activities of each dynasty and the perfection of financial institutions, people can have a clearer understanding of modern financial institutions. This paper is a diachronic study, mainly through the methods of literature analysis, case analysis and overview, to study how ancient people completed the lending behavior and how to formulate the lending system. This paper states that different lending systems have corresponding advantages and disadvantages. Before borrowing, people should first understand regulations and make adequate preparations, instead of blindly borrowing and leading to heavy debts and poor credit.
Research on the Challenges and Countermeasures Faced by Multinational Enterprises in the Post-epidemic Period
Authors: Chen Zhiting
Published: September 2023

It is well known that the global economy has suffered an unprecedented blow in recent years due to the epidemic. Recently, the global epidemic situation is stabilizing and we are entering the post-epidemic period. The return to work for multinational companies will also be a new challenge. The purpose of this study is to provide more information and experience on return-to-work methods and experiences for companies in similar situations. This study will analyze the return-to-work policies and difficulties encountered by companies in different countries. This paper draws a conclusion that small and medium-sized enterprises in the post-epidemic era should deepen their development in the digital field on the basis of the original "Internet +" transformation.
The Relationship between Real Estate Bubble and Financial Crisis Taking Shanghai as an Example
Authors: Zhang Yujie
Published: September 2023

In recent years, the real estate market has become increasingly hot, developing very quickly, and has become one of the important industries to promote the development of GDP in China. However, the rapid development of many negative effects, such as high prices and rising costs of living, has caused the real estate market to bubble, causing people to worry about whether it will cause a financial crisis, resulting in an economic crash. As a result, many scholars have conducted various studies on the real estate bubble, but they have not reached a consensus on the bubble. Economic crashes caused by real estate bubbles have occurred on occasion throughout history, and many financial crises are triggered by excessive real estate bubbles. This paper visually analyzes the development of the real estate market in Shanghai in recent years using a literature review method, analyzes the transmission relationship between the real estate bubble and the financial crisis, expounds on the harm caused by the bursting of the real estate bubble, and proposes corresponding countermeasures for the benign development of the real estate market.
What Are the Beneficial Effects of Big Data on the Front End Information and Efficiency, Performance of the Company in the CPG Industry
Authors: Chen Linqi , Yu Zhoufan , Xue Jinyi
Published: September 2023

This research paper is to find out the benefits of data analysis on the front-end information and internal efficiency of the consumer-packaged goods (CPG) industry. Combining various scholarly types of sources, our research first figures out the steps before analyzing the data, then discusses the advantages of extensive data analysis on both external and internal performance of a CPG company, and finally points out some potential limitations to extensive data analysis on economic grounds.
Reflections on the Innovation of Enterprise Management Mode under the Background of Internet+
Authors: Guo Qingyao
Published: September 2023

In recent years, the development concept of the Internet+ different kinds of jobs has received a lot of support, and enterprise management can also be deeply integrated with it. So the author aims to explore how companies innovate their management models in response to this trend in the context of the Internet+. To conduct in-depth research, the author used the survey method and the literature research method, focusing on individual company case studies and analyzing, comparing, and summarizing the large amount of data collected by the survey, and thinking about how to apply Internet+ to enterprise management and the Internet+. The result shows that the current enterprises have not changed their management methods in a timely manner, and still adopt traditional and inefficient management models. There is currently a lack of a platform that is more compatible with Internet+, which can maximize its role. The third is the lack of talents with professional skills and innovative thinking in the market. With the advantages of strong interactivity and high efficiency of the Internet platform, enterprises should reform and innovate their own management systems and management methods.
Research on the Process of the Formation of an Optimal Investment Portfolio
Authors: Zhang Yunhe
Published: September 2023

In the financial market, there are different types of financial instruments, such as equities, bonds, and mutual funds, and investors can build an investment portfolio through their buying and selling activity in the market. Limited-experienced individual investors are often attracted to stocks or bonds with high returns when trading in the financial market and building an investment portfolio. This could make them underestimate the adverse impact brought by investment risks on their expected returns for the portfolio. An optimal investment portfolio should be aimed at with a step-by-step process that considers risk tolerance, portfolio selection, and the monitoring of the portfolio after it has been formed. This theoretical process would first consider the way in which individual investors could assess the risk involved in the portfolio. The beta coefficient is one of the indicators and it can be estimated via the capital asset pricing model (CAPM). Then, a well-diversified portfolio would be favoured, not only across different financial instruments, but also across different industries, and the minimum desired number of instruments included in the portfolio is 30. Rebalancing portfolios is a crucial step in keeping the original structure, and ilinskijs criterion helps individual investors to rebalance more efficiently. Although this process helps investors in building investment portfolios, it should include more areas of concern about investors own interests and the plausibility should be further tested.