bluuebunny/crossref_metadata_2025 huggingface dataset:
Research on Urban Monitoring Network Management Platform based on AI Data Stream Processing
Authors: Song Qinyu
Published: September 2023

In recent years, with the upsurge of the continuous development of high-tech information industry, the security industry has also made a new leap in technology, products, industry and so on. The traditional single small-scale monitoring and management software obviously cannot meet the actual needs of users in terms of system scale and functional requirements. This paper puts forward a network management platform for urban monitoring based on AI data stream processing. With the help of comprehensive processing and analysis of urban complex information, through network remote monitoring means, information supervision and public opinion trends are used to control social environmental security, timely warning and response to unexpected accidents, so as to ensure that governance departments can fully control and prevent possible problems such as road traffic, population distribution and disaster emergency.
Exploring the Market: Used Sailboat Price Estimates Based on Artificial Bee Colony-BP Neural Network
Authors: Wang Mohan , Lu Bo , Wang Hao
Published: September 2023

In recent years, the shipping industry's share of world trade has been increasing year by year. As an important part of the shipping market, the accurate price prediction of second-hand sailboats is of great significance to grasping the price factors and improving the social and economic benefits. To accurately predict the price of second-hand sailboats, the artificial bee colony algorithm (ABC) is used to improve the BP neural network model, to solve the problem of overfitting of BP neural network. At the same time, compared with the prediction using Hyperopt improved XGBoost algorithm, the prediction effect of ABC-BP is better, and the fitting coefficient of the prediction results can reach 0.92.
A Study on Online Voting of Minority Shareholders and Stock Price Trait Volatility Based on Data of Chinese Listed Companies
Authors: Ma Hanbing , Hua Jingyi , Chen Chen
Published: September 2023

This article investigates the impact of medium and small shareholders' online voting on idiosyncratic volatility based on the data of all A-share listed companies in China from 2008-2021. The regression analysis finds that minority shareholders' network voting can significantly increase stock price idiosyncratic volatility. Second, this paper performs robustness tests in the form of replacement of explanatory variables, PSM tests, and excluding sample of significant event shocks, and the results show that the aforementioned findings remain valid. Additionally, the results of the mechanism test indicate that minority shareholders' voting enhances the level of stock price idiosyncratic volatility by improving information transparency. The heterogeneity results suggest that minority shareholder voting will significantly enhance share price idiosyncratic volatility for firms with stronger external monitoring power through Big four audit oversight. The paper provides new empirical evidence on the theoretical mechanism of minority shareholder network governance in influencing share price idiosyncratic volatility and provides a policy basis for the government to improve minority shareholder network voting.
The Application of Text Mining Technology in Business Management—Take Hotel Management as an Example
Authors: Ding Taomengyu
Published: September 2023

In recent years, the development of the information industry has led to the rapid rise of data mining, and in the face of the trend of data mining development, the field of data mining has become a focal point of concern for various industries. As a very customer-focused service industry, the hospitality industry is imperative to popularize and intelligently integrate text mining into management in the context of rising human resource costs and the general intelligence of all industries. In this paper, the application of text mining technology in business management is explored, using hotel management as an example. The Porter's Five Forces model, the SWOT model are used to analyze the importance of unstructured data such as customer reviews and the great role of text analytics in the internal and external management of hotels. The recommendations for the integration of text mining and hotel management are proposed, suggesting that text mining should be commonly used in hotel management and recommending that managers adopt A small amount of manpower and a large amount of text mining to overcome the drawbacks of text mining and improve hotel operations.
Impact of Data Technology on Logistics Industry Business Performance
Authors: Chen Zixuan , Liao Zishan
Published: September 2023

In the big data era, more and more people elect to conduct their business online, and logistics firms are expanding in tandem with the quick growth of e-commerce platforms. However, since the outbreak of the epidemic in 2020, it has dealt a heavy blow to the whole world. Despite the economic downturn and difficult development in this particular period, it has also brought challenges and opportunities for logistics companies. The study finds that the effectiveness of logistics companies in managing their warehouses can be improved through the use of AI-driven data analytics and machine learning solutions; the impact of big data on the business performance of the express logistics industry; AI helps optimize the entire supply chain by providing insights on supplier performance, locating bottlenecks and suggesting process improvements; Big Data enables precise demand projections and coordinates supply chain operations with these estimates by using data analytics algorithms; and Big Data analytics and algorithms can help logistics companies improve cost control and resource utilization efficiency from transportation, warehouse management, distribution and other aspects. In addition, the study found that the application of big data can bring about ethical problems in logistics information, which negatively affects the property security and personal safety of both consumers and logistics companies.
Analysis of the Current Situation of Career Development in the Tourism Industry
Authors: Hou Meiyue
Published: September 2023

Human resource management in tourism has always been one of the concerns of tourism development. With its high coverage, tourism links jobs in multiple industries. There are many problems in the previous tourism industry that have not been resolved until now, which has formed a bad customary perception. The current tourism industry is affected by the pandemic, and the talents in the market have also seen the instability of the tourism industry. Changing people's perceptions of jobs in the tourism industry is an important task in retaining talent and ensuring the positive development of the industry. There is still a lack of summarization and solutions to the existing problems, so this study discusses these two aspects. Different divisions of labor in the tourism industry face different difficulties and solutions. Front-line employees should be more inclined to improve skills and accumulate experience and maintain a positive attitude towards the industry. Program managers should apply the principles of sustainable talent development to the current state of human resource management.
Human Rights Due Diligence Law for Gender Equality in Multinational Enterprises
Authors: Zhao Kaiqiong
Published: September 2023

Women's equal employment rights are one of the key research topics. The researchers found that only relying on human rights norms could not effectively regulate women's unequal employment rights problems. In addition, Multinational Enterprises (MNEs) and their host and home countries are responsible for women's unequal employment. Mandatory human rights due diligence (HRDD) laws can effectively regulate this gender inequality. However, the law on mandatory HRDD is still in its infancy and needs to be improved. The present study employs a literature review and empirical research methods to examine the factors hindering the guarantee of women's equal employment. Additionally, this paper scrutinizes the justifications for introducing mandatory HRDD laws. Meanwhile, the study analyses the advantages of mandatory HRDD laws and evaluates the current effectiveness, scope of application, and implementation. It is argued that the present situation needs to be revised to safeguard women's equal employment rights better. Finally, the paper offers corresponding suggestions to enhance the mandatory HRDD laws, and the research purpose of this paper is to promote women's employment equality and human rights protection.
Impact of International Investment Dispute Arbitration on the Protection of Intellectual Property Rights in Host States: Current Status and Development Trends
Authors: Chen Xiaorui
Published: September 2023

In recent years, international investment treaties have included intellectual property rights into the category of "investment", and the protection methods are no longer limited to disputes between states (diplomatic protection and WTO dispute settlement). Investors can start international investment arbitration proceedings against host states through investment treatment clauses and Investor-state dispute settlement. Cases such as the Morris Asia v Australia and Eli Lilly v. Canada show that intellectual property owners are trying to use international investment treaties and their arbitration mechanisms more actively to challenge IP policies (measures) in host states. However, this situation will affect the IP policy and practice of the host state and break the balance established between the protection of private rights and the welfare of society. Based on this, host states should be more careful in establishing international treaties that specify IP policies and the obligations of investors. At the same time, host states and the international community have made clear the boundaries of IPR protection in investment treaties, and it is necessary to maintain the autonomy of host states' IPR policies (measures).
The Current Situation and Insights of Human Rights Due Diligence Implementation in Chinese Multinational Enterprises: The Case Study of Zhejiang Huayou Cobalt Co., Ltd.
Authors: Liu Chengxuan
Published: September 2023

In the global cobalt supply chain, the illegal employment of child labor by multinational companies is a very common phenomenon, and child laborers are often exposed to poor working conditions, which are extremely harmful to their physical and mental health. And behind these phenomena, it indicates that the international community has not been successful in ensuring adequate implementation of human rights due diligence for multinational corporations. This paper will take the supply chain human rights crisis and response measures of Zhejiang Huayou Cobalt Co., Ltd. in China as an example, and use case study method and literature research method to explore the current situation and insights of human rights due diligence implementation in Chinese multinational enterprises. It has been discovered through research that Chinese multinational corporations face several challenges in carrying out human rights due diligence, such as the lack of an institutionalized human rights due diligence mechanism and insufficient understanding of human rights risks. Based on this, this paper proposes the following recommendations: accelerating the formulation of human rights due diligence standards and norms; bridging the gap between domestic and foreign mandatory human rights due diligence laws; raising the awareness of human rights protection within enterprises; and strengthening human rights risk management in the supply chain.
A Brief Analysis of the Superiority of Mandatory Human Rights Due Diligence Law from the Perspective of Retirement Right
Authors: Xie Fengze
Published: September 2023

With the deepening of population aging, the retirement of the aged working population has become the focus of attention. The improvement of the retirement system and the protection of retirement rights have become a severe test. This paper adopts the literature analysis method and comparative research method, combined with the viewpoints of many scholars, and uses the compulsory human rights due diligence law to study the retirement issues, so as to grasp the research progress of the compulsory human rights due diligence law on the policy making and the reasonable protection of human rights in enterprises.
Legal Norms for the Protection of labor rights of Multinational Enterprises: Based on the Perspective of Comparative Law
Authors: Zhong Kaili
Published: September 2023

With the development of economic globalization, the scale of multinational enterprises continues to expand, the number of labors working in multinational enterprises is rapidly increasing while labor rights of multinational enterprises are frequently violated. How to protect human rights of those labors has become a challenge that current world must face. The home countries, host countries, international organization and multinational enterprises fail to undertake their labor rights protection responsibilities in many times, and there are significant deficiencies in legislation here. Nowadays, multiple entities are in the practice of overseas labor protection in order to promote the world's sustainable development, integrate the interests and achieve the cause of global human rights protection career. This essay will use historical research, comparative analysis, regulatory research to provide ideas and solutions for the better realization and legislation of labor rights protection from the aspects of the history of particular labor rights protection, the concepts and characteristics of relevant protection subjects, the main reasons for the current situation of infringement, theoretical basis of labor rights protection, legislative impetus, final expectations for international actors in action.
Extraterritorial Human Rights Obligations of Multinational Corporations' Home Countries
Authors: Ma Lin
Published: September 2023

As multinational corporations pursue profits as organizations with significant influence, It is unavoidable that during their development process, they will infringe upon the human rights of the host country. To prevent such violations, certain scholars have suggested that multinational corporations should have human rights obligations in their home countries. This article will analyze whether the home country has a certain obligation to constrain the actions of multinational corporations that violate human rights from international treaties and past cases, and draw on some practical experience to propose suggestions for future development.
The International Regulatory Framework for Labor Protection of Multinational Enterprises
Authors: Chen Yiyuan
Published: September 2023

The issue of labor protection for multinational enterprises has attracted international attention due to the proliferation of "sweatshop" incidents in the international arena. But at the same time, on the one hand, international labor standards as a system for regulating international labor affairs does not yet exist a mandatory convention and responsibility framework for its implementation; on the other hand, national statutes are all in the form of voluntary ratification, without enforceability and specific sanctions. The above reasons together lead multinational enterprises to disregard labor rights. Therefore, this paper proposes to link labor standards with trade and investment in order to better regulate multinational enterprises.
Problems and Prospects in Medical Insurance System Development
Authors: Han Xuran
Published: September 2023

China has experienced remarkable economic growth since its reform and opening-up; the gross domestic product and residents' disposable income have both increased, and the disparity in income distribution has also come to light and become a common concern for all facets of Chinese society. China has already surpassed low-income nations in terms of income level. The level of national welfare should be raised even when the economy is expanding with excellent quality. This essay talks about how China's health insurance system has evolved and how it might be improved to better the lives of its citizens. This paper compiles and analyses the development process and policies of health insurance reform. The effectiveness of the program is assessed by examining if it has raised inhabitants' quality of life and reduced the disparity in income. Moreover, The divergence of economic and policy development between urban and rural areas, and, additionally, the government management fragmentation, are two primary challenges encountered in the implementation of the program. These issues are brought on by the economy's stage of development and the long-standing customs of the policy-making process. The social health insurance system must precisely assist special groups, expand fund investment, enhance social security mechanisms, and foster harmony between urban and rural areas in order to fulfill its mission of fostering social fairness.
A Study of India's Foreign Policy from the Perspective of National Identity
Authors: Wang Siyu
Published: September 2023

This paper explores how a country's national identity shapes its foreign policy. India's foreign policy in South Asia is used as a case study to illustrate this. India sees itself as a dominant power in the region and has pursued a regional order with itself at the center. This has led to more coercion of neighboring powers and cooperation with external powers to contain their growth. Understanding a country's national identity is crucial to comprehending its foreign policy decisions.
The Proposal for Evaluation of Training and Development
Authors: Zhang Li
Published: September 2023

Training&development is the top priority of human resource management in enterprises. It enables enterprises to occupy a strong advantage in market competition potential. Through summing up many years of work experience, the author puts forward to attach importance to the training evaluation mechanism, and discusses the training effect evaluation mechanism.
Can corporate ESG performance ease financing constraints
Authors: Yu Zimeng
Published: September 2023

Currently, corporate ESG disclosure as important non-financial information can convey the potential sustainability of a company to investors and become one of the key considerations in the investment and financing decision process. Corporate ESG alleviates financing constraints by reducing the degree of information asymmetry and agency problems. This paper adopts data of A-share listed companies in Shanghai and Shenzhen from 2011-2021, and systematically examines the specific effects and impact mechanisms between corporate ESG and financing constraints based on the two-way fixed-effect model and the China Securities ESG rating analysis report. The study finds that corporate ESG performance significantly alleviates financing constraints, and the findings remain robust after a series of robustness tests. The findings of this paper enrich the research on the economic consequences of corporate ESG for real enterprises and the influencing factors of corporate financing constraints, which have important inspirational influence and reference values for promoting high-quality corporate development.
Research on bankruptcy reorganization of township partnership enterprises under the background of common prosperity *
Authors: Wu Qianqian , Lai Yujing , Hu Jialu , Du Peiyu , Jin Youfang
Published: September 2023

Township partnerships are one of the important driving forces for the development of mountainous counties. The existing bankruptcy reorganization system is mainly applicable to legal person enterprises, and township partnership enterprises cannot realize self-rescue through the reorganization system. To help rural coprosperity effectively, this paper analyses the practical difficulties of bankruptcy reorganization of rural partnership enterprises in 26 mountainous counties and proposes corresponding countermeasures and suggestions.
Preface: 4th International Conference on World Trade and Economic Development (WTED 2023)
Authors: Huggins Veronica , Zhang Nongfu
Published: September 2023

We want to present the 2023 4th International Conference on World Trade and Economic Development (WTED 2023) held in Hangzhou, China during June 24-25, 2023. This conference was held both on-site and online. In general, there are two sessions, namely plenary and parallel. The plenary session was given to three keynote speakers, which ends with a Q&A session. Parallel session is for authors who present their papers and is carried out in four groups.

As a scientific forum, the WTED 2023 was attended by 97 participants from researcher, scholar, students, teachers, engineers, and practitioners who participate either as presenters or as participants. The main aim of this conference is to share ideas and knowledge and build collaboration with each other. We received many papers that will be selected to be published with the scope of world trade, economic development, and related area. In this volume, we accept a small number of papers for publication after meeting the scope, checking originality, and performing peer review.

We are hoping that this event will become a foothold of thinking in welcoming global developments. The organizing and editorial committee of WTED 2023 hopes you enjoy reading this volume. Besides, we would like to fully respect keynote speakers and all the presenters for providing their valuable contributions for this proceeding and the reviewers for their constructive recommendations to improve the presented articles. We, on behalf of the committee, would like to thank all parties for their participation in supporting this publication.

WTED Organizing Committees

Hangzhou, China
A study on portfolio management strategies to maximize investment returns of listed companies
Authors: Yang Handi
Published: September 2023

Listed companies can solve the problem of capital redundancy after financing through venture capital, but due to the risky nature, it becomes increasingly difficult to get a good capital return, therefore, it is an effective way for listed companies to utilize their capital by diversifying and reducing risks through portfolio investment to obtain high returns. In this paper, based on the characteristics of listed companies, we analyze the risk investment methods and risk factors of listed companies, and then construct a log-optimal portfolio model under VaR and CVaR risk control and verify it, so as to provide scientific basis for the portfolio investment decision management of listed companies.
Analysis and strategy of take-out industry based on Porter's Five Forces model -- taking Meituan Take-out as an example
Authors: Lan Zhongsui
Published: September 2023

Based on the Porter’s Five Forces Model’s perspective, Meituan’s takeaway business is analyzed and it is found that Meituan’s takeaway suppliers have the strongest bargaining power. Although consumers are far more sensitive to product prices than product quality, it’s because individual consumers Most of them and there are few platform choices, so consumers have the weakest bargaining power, and there is no threat of substitutes yet. In addition, despite the existence of potential competitors, Meituan Waimai has excellent Internet technology and a strong capital chain, and its marketing model has relatively high barriers. Based on this, the article uses the Porter Five Forces model to analyze the current advantages and competitive threats of Meituan Food Delivery, and proposes strategic improvement measures for its future development.
Would Bitcoin Relace World Currency in The Future: Analysis Based on Marx's Theory of Monetary Function
Authors: Mao Xueqi
Published: September 2023

Bitcoin has received a lot of attention as a cryptocurrency in recent years. The paper focuses on determining if Bitcoin would replace world currency in the future, which compares Bitcoin with the US dollar and gold. The article considers qualitative analysis to discuss the bitcoin's characteristics based on Karl Marx's five different categories in his book Das Kapital: measure value, means of circulation, means of hoarding, means of payment, and universal currency. The paper presents the advantages and disadvantages related to Bitcoin compared to the US dollar and gold. The article finds that Bitcoin is more secure in saving and privacy. Also, it wouldn't be affected by inflation. However, disadvantages are also present when applying Bitcoin in the market. The volatility and value of storing would be a challenge to solve. The lack of population using it and the limitations of transactions would also be problems. The research illustrates that Bitcoin can't replace world currency in the short term, but in the long term, Bitcoin would be the mainstream currency to use in real life due to the performance of people, governments, and the world economy. The article is the first research to utilize Marx's theory to analyze whether Bitcoin could replace world currency in the existing literature. This paper recommends that governments of all countries establish a unified regulatory policy and security mechanism on a global scale to ensure the legitimacy, stability, and security of Bitcoin so that Bitcoin can truly become a world currency.
Volatility Prediton based on Multiple-factor Model
Authors: Yang Jingdan
Published: September 2023

Generally, due to unpredictable and vulnerable features of the stock market, traditional statistical methods with single factor cannot explain the movements of stock prices well. In this paper, multi-factor model of quantitative stock selection is applied to predict stock price index to perceive the fluctuation of stock in multiple aspects and improve the accuracy of prediction. This study also combines machine learning measurements with historical data fitting effects. The data used for analysis is all collected from Tushare website, and the stock data are from the 2015 to 2022 data of Shanghai Pudong Development Bank and China Merchants Bank, and the selected factors include price-to-earnings ratio, price-to-book ratio, volume ratio, total equity and so forth. Ordinary least square linear regression and random forest nonlinear approaches are utilized to predict the stock price. According to the analysis, the accuracy of random forest is higher than OLS in stock price prediction. Among all the factors, the opening price, the highest price and the lowest price have relatively large impacts on the closing price of the next day. However, when selecting different factors, stocks and train-testing periods, the obtained regression models are different. Therefore, the determination of the correlation coefficient is not invariable and needs to be analyzed on a case-by-case basis. Overall, these results shed light on the superiority of machine learning model and the significant contribution of some factors on stock price prediction.
The Influence of Institutional Investors' Position on Stock Momentum Phenomenon
Authors: Nan Wang
Published: September 2023

Momentum phenomenon is one of the most classic anomalies in the field of securities investment. This paper investigates the influence of institutional investors' opening behavior on stock return momentum phenomenon by using the annual investor shareholding data publicly disclosed by listed companies. The findings are as follows: First, there is a positive correlation between institutional investors' opening behavior and stock excess return in one year; Second, if there is an obvious momentum phenomenon in the stock return in the first two years, then the stock return in the next year still depends on the institutional investor's position behavior, and has nothing to do with the investor's momentum strategy. Under the condition that other conditions remain unchanged, for the positive momentum group, if institutional investors buy portfolios substantially in the next year, the stock momentum phenomenon will continue; On the contrary, stock reversal occurs. A similar conclusion was found for the negative momentum group. In addition, the study also found that the momentum phenomenon is statistically significant, but because stock returns cannot be predicted in advance, it is not meaningful in the actual investment process. Therefore, this paper supports and complements the efficient market hypothesis to some extent.
Research on Investment Strategy Based on Catboost Model and Bollinger Band Channel
Authors: Zhong Jiewen
Published: September 2023

As the economy continues to grow, more and more people tend to increase their income through asset investment. This paper devised a trading strategy and evaluated the value of an investment of $1,000 after five years. The Catboost regression model was built to predict the price of gold and bitcoin with an accuracy rate of up to 99%. It showed that the model can effectively make predictions about gold and bitcoin prices. Trading signals for gold and bitcoin were established based on the Bollinger Bands channel theory. Simulated trading of assets began on September 11, 2016, and the total assets after five years were $4,430,859.83. Then this paper conducted sensitivity analysis on the established trading model. Finally, the parameters of the established trading model are optimized to determine an optimal model parameter.
Study of Sailboat Price Forecasting Based on Random Forest Regression
Authors: Miao Yipeng , Xia Tingting , Yang Yutong , Hou Junhe
Published: September 2023

This paper aims to solve the problem of predicting the listing price of sailboats, using random forest, decision tree and integrated learning methods for analysis. First, data cleaning is performed to remove missing data. Then, the data are analyzed to find that the make, model, size, time and regional factors of sailboats may affect their listing prices. In terms of regional characteristics, annual income per capita was extracted as one of the influencing factors. Using all available characteristics, regression trees and random forest regression models were built and R2 was used as an evaluation criterion for model prediction accuracy. Finally, the R2 value of the monohull sailboat listing price prediction model was calculated to be 0.84, and the R2value of the catamaran listing price prediction model was 0.99.In addition, this paper also involves the exploration of other features. Ultimately, this paper provides an estimate of the listed price per sailboat and discusses the issue of estimation accuracy.
Research on Second-Hand Sailboat Prices Based on Machine Learning
Authors: Chen Tingting , Yuan Chengrui , Wang Minghao
Published: September 2023

With the development of the international shipping market and changes in second-hand ship prices, the operation and trade of second-hand ships are quite active. To accurately evaluate the price of second-hand ships, it is particularly important to establish a pricing model for second-hand ships. The first part of this article uses X-GBoost and PCA to rank and reduce the importance of features, and obtains four principal components. Based on 5 indicators and their importance ratios, establish an optimized X-GBoost regression model for Sine Cosine Algorithm (SCA) to predict the price of second-hand ships. In order to further investigate the impact of regional characteristics on prices, local population density, per capita GDP, and cargo throughput were selected to further classify regional characteristics. A linear regression model was established to investigate the impact of population density, per capita GDP, and cargo throughput on regional error prices, and to explore the impact of various regional characteristics on error prices. Divide sailboats into three categories – low-end sailboats, mid-range sailboats, and high-end sailboats, and discuss the impact of regional characteristics on prices. The study found that there is a significant difference in the prices of low-end sailboats and mid-range sailboats between regions, indicating consistency in regional effects. Studying the pricing of second-hand sailboats can help to correctly select trading markets, develop marketing strategies, purchase ships with higher economic priority, and promote the development and prosperity of the sailing industry.
The Impact of Climate Information Disclosure on Audit Fees: A Study Based on Principal Component Analysis
Authors: Liao Chenlu
Published: September 2023

To investigate the influence of corporate climate information disclosure on audit fees, this study examines the period from 2012 to 2021, focusing on companies listed on the Shanghai and Shenzhen stock exchanges. The research is based on the quasi-natural experiment of the ESG rating disclosure event by SynTao Green Finance in 2015. Firstly, using principal component analysis and a multi-period difference-in-differences model, the study determines the impact of climate information disclosure on audit fees. Robustness tests are conducted using trimming procedures and placebo experiments, which confirm the initial findings. Secondly, building on the previous analysis, the study explores the interaction effects of analyst forecast deviation and the presence of the Big Four audit firms on the relationship between ESG ratings and audit fees. Finally, the research concludes that the disclosure of climate risk information reduces audit fees by mitigating information risk and operational risk for companies. Moreover, this negative impact of climate risk disclosure on audit fees is more pronounced when analyst forecasts are more accurate or when the auditing firm belongs to the "Big Four" group.
The advantages and disadvantages of relying solely on currency financing to fund government expenditures
Authors: Chen Elaine
Published: September 2023

The traditional way to ensure enough government funding is raising taxes. Another alternative option is relying solely on currency financing to fund government expenditures, which is mostly discussed by economists and policy makers. The article introduces some advantages and disadvantages about it and seeks to provide a comprehensive understanding of the matter for the readers. On the one hand, currency financing increases the government’s flexibility, alleviates economic inequality, reduces citizens’ tax burden, improves the innovation capacity of small and medium-sized enterprises, and helps economic recovery. On the other hand, it exerts some negative impacts on the economy, such as inflation, reduction in central bank independence, and trade imbalances. Therefore, both advantages and disadvantages of currency financing should be taken into account before the government makes a decision.
Reflection on the Social Phenomenon of Billionaires
Authors: Zheng Juntao , Li Guagua , Yang Nuobing , Jing Lingdi
Published: September 2023

It has been more than 70 years since the last global war in human society, and such a long period of peace is relatively rare in the long history. In the long period of stability, the process of wealth accumulation and differentiation has experienced many twists and turns, becoming more and more serious. The huge wealth gap has caused great social differences, This paper reflects on the social phenomenon of billionaires.
The Influence and Significance of Contemporary Art Thought on Modernist Design
Authors: Gan Manli
Published: September 2023

Pop art originated in the 1950s and is an emerging art, breaking with tradition, featuring bright colors, popular materials and distinctive personality. As they grew up, a new generation of young people gradually began to pursue individuality, uniqueness and a different style from the past, and the arrival of Pop style just met this demand. Pop's main audience target is this generation of teenagers. This paper first analyzes the connotation and characteristics of Pop art and its development history, then combines several design cases to explain the relationship with modernist design, and finally discusses the influence and significance of Pop style on modernist design.
Research and Design of Portable Tableware for Children
Authors: Cui Sina
Published: September 2023

With the development of economic level, people's life is more and more attention to the quality of life, in daily necessities also more attention than before. Many families have only one child, so parents are investing more and more in children's products, and children's tableware has gradually come into people's vision. The main research content of this paper is to study and design a portable children's tableware set, in order to better solve the problem of preschool children eating out, at the same time to help children eat better, have a good eating experience. In this paper, the methods of investigation analysis, functional thinking of products, man-machine analysis of products and emotional analysis of children's psychology are used to study and design the product series of portable children's tableware.
The Application of Graphic Design in Cultural and Creative Products
Authors: Hu Die , Guo Bian
Published: September 2023

Times are developing, society is progressing, and the quiet rise of cultural and creative products, which not only enriches the content of cultural industries, but also promotes the progress of regional culture. The use of graphic design to enhance the value and meaning of cultural and creative products is accepted by many designers. In the design of cultural and creative products, designers are using graphics more and more frequently to decorate cultural and creative products. Graphics have become a factor that cannot be ignored in the design of cultural and creative products, and the creativity of graphics has a direct impact on the success of the work.
The Present Situation, Problems and Countermeasures of Domestic Textile Design in China
Authors: Liu Weihang
Published: September 2023

Due to the late start and low level of modern home textile design in China, there are many problems in the development process, such as insufficient design creativity, serious plagiarism, insufficient differentiation, and lack of national characteristics. The fundamental reason is that China's home textile design education is backward. Through design education, a large number of home textile designers with professional quality have been trained, reshaping the understanding of society and colleges on home textile design, and thus improving the level of domestic textile design.In addition, textile design should also conform to the trend of social development. While improving the level of pattern design, it should integrate more comfortable emerging technology fabrics, and combine fashion with technology, thus promoting the innovative development of home textile design.
The Challenges and Development Strategies of Contemporary Chinese Painting
Authors: Jin Baopen , Rafee Yakup Mohd
Published: September 2023

The purpose of this paper is to discuss the dilemmas and challenges of contemporary Chinese calligraphy painting in art creation and its development strategies. As an important part of traditional Chinese culture, Chinese painting has been widely recognized and praised by the world for its unique artistic style and cultural connotation. However, with the change of the times and the development of the society, Chinese calligraphy painting also faces many problems and challenges, such as the contradiction between tradition and innovation, the lack of calligraphy and painting techniques, and the pressure of marketization and commercialization. Taking the lack of brush and ink as the entry point, this paper conducts an in-depth study of the artistic creation dilemma of contemporary Chinese calligraphy and painting, explores the reasons and influences behind it, and proposes corresponding development strategies, including strengthening art education and training, improving government support and supervision, and encouraging artistic innovation and experimentation. Among them, strengthening art education and training is the key to improving the level of creative writing and enriching the cultural connotation of painting. Government support and supervision can regulate the market order and protect the rights and interests of artists. Encouraging artistic innovation and experimentation can promote the artistic development of Chinese calligraphy painting and explore new ways of expression.
A Comparative Study of Chinese and Western Music
Authors: Hao Wei
Published: September 2023

This paper aims to explore a comparative study between Chinese music and Western music. By analyzing the characteristics, history, and cultural background of the two types of music, this article believes that there are differences and complementarities between Chinese music and Western music. This article focuses on analyzing the historical origins of Chinese and Western music. Chinese music emphasizes the expression of melody and the transmission of aura, while Western music places greater emphasis on harmony and rhythm. In addition, this article points out their pitch encoding and differences in musical form: Chinese music is based on the pentatonic scale, while Western music uses the twelve-tone average. At the same time, this article analyzes the characteristics and development of the two types of music from a historical and cultural perspective, comparing their musical styles, cultural backgrounds, and musical differences. Based on a comprehensive analysis, this paper concludes that there is a significant difference between Chinese music and Western music. But these differences are not antagonistic. The two types of music have many similarities in certain aspects, which also proves that they complement each other. Finally, this paper presents prospects for future research on communication and interaction between two types of music.
Analysis on the Style and Evolution of the Sculpture Art in Shanxi Merchants Courtyard
Authors: Guo Xiaoju
Published: September 2023

Shanxi merchants' foreign exchanges and family culture have made the sculpture features in Jinzhong area brilliant, and local craftsmen have also continuously absorbed local culture and customs from it, making the aesthetic taste of sculpture diversified and gradually showing differences. Therefore, this article focuses on understanding the relationship between the evolution of Shanxi merchants' ideological, cultural, and economic strength and the aesthetic characteristics of sculptures, so as to analyze the sculpture art culture of Shanxi merchants' courtyards in Jinzhong area more vividly and comprehensively.
Design of a New Physical Bookstore with Intangible Cultural Heritage Paper Theme based on Cultural Experience
Authors: Cui Miaomiao , Li Sun
Published: September 2023

With the development of society, the traditional era of service economy is moving towards the era of experience economy. This has led to a higher pursuit of cultural added value in daily activity spaces. Traditional physical bookstores have a single and outdated cultural service function, and due to factors, such as electronic reading and online bookstores, it is difficult to meet people's higher consumption needs. The current operating situation of traditional physical bookstores is not optimistic, and there is an urgent need for transformation and upgrading. With the theme of intangible cultural heritage rice paper, this design plans to build a new physical bookstore in Jing County, Xuancheng, Anhui Province. Through the injection of functions, culture, digitalization, etc., it will create a place that can meet the diverse needs of consumers, and achieve one-stop experience of buying books, entertainment, leisure, and light food, so that it has both commercial value and intangible cultural characteristics. Forming a virtuous cycle of intangible cultural heritage driven bookstore transformation, and promoting the dissemination of intangible cultural heritage through bookstores.
Design Strategies of Outdoor Recreational Spaces for Preoperational Stage Children based on Embodied Cognitive Perspective
Authors: Yu Zhen , Wang Jianhong
Published: September 2023

This article, based on an embodied cognitive perspective, focuses on the design of outdoor recreation spaces for children in the preoperational stage. It explores the embodied cognitive theory and the specific requirements of children's outdoor recreation spaces, highlighting the suitability of embodied cognition for current design needs. By analyzing the embodied cognitive characteristics of children in the preoperational stage and reviewing relevant research, this study proposes design elements based on embodied cognition. Six design strategies for children's outdoor recreation spaces are presented, including children's participation, sensory experiences, spatial layout, natural elements, image and symbol representation, and safety considerations. The aim is to provide insights for the design of children's outdoor recreation spaces in related fields.
Analysis of the Influence of Western Art Trend on Modern Illustration
Authors: Tao Zihan
Published: September 2023

After a hundred years of history, western art trends have become colorful and permeated the world. It breaks the traditional aesthetic concept and exerts an indelible influence on modern illustration creation. This paper analyzes the influence of Western art thoughts on modern illustration by studying the representative art schools in Contemporary Western art thoughts.
Melody Master Tchaikovsky: Analysis of Ethnic Colors in the Piano Suite "Four Seasons"
Authors: Shen Rui
Published: September 2023

Tchaikovsky was a great musician in Russia during the Romantic period. Due to his melodic works, he was known as the "master of melody" in Russia and received an honorary doctoral degree from the University of Cambridge in the United Kingdom. His creative genres cover a wide range of opera, dance, symphonies, concertos, and piano works. His music incorporates the characteristics of folk songs and his works reflect the oppressive psychology of the Russian people under the Tsar's rule, as well as their longing and longing for a better life in the future. He is committed to revealing the conflicting emotions within people's hearts. His later works are full of strong dramatic conflicts, his own thoughts on life, and fiery emotional colors. This article takes Tchaikovsky's piano suite "Four Seasons" as the text, and analyzes the ethnic characteristics of Tchaikovsky's works from the perspective of ethnology, using acoustic methods. The aim is to clarify the ethnic colors in "The Four Seasons" and reveal the profound ethnic connotations in Tchaikovsky's music works by utilizing elements such as harmony and melody.
Aesthetic Features of Chinese Freehand Painting from the Perspective of Art History
Authors: Xu Linlin
Published: September 2023

Chinese freehand painting still has distinctive aesthetic characteristics even today when culture and art coexist and cognition. Understanding the aesthetic expression of Chinese freehand painting from the perspective of art history is conducive to a deeper understanding of freehand painting, thus providing guidance for contemporary art creation and innovation.
A Brief Analysis of the Influence of Contemporary Art Trends on Modern Design
Authors: Zhang Ying , Han Xiaoshi
Published: September 2023

The trend of contemporary art is born in the trend of postmodernism, and contemporary art is the result of the common development of many artistic trends. This paper first discusses the influence of contemporary art thought on modern design by briefly describing the relationship between contemporary art thought and modernist art and postmodernism. It is mainly analyzed from four perspectives: creative theme, ideological concept, design interest, and diversification. The relationship between contemporary art thought and modern design is inseparable. Contemporary art trends influence modern design from all aspects, and have far-reaching influence and significance for modern design.