bluuebunny/crossref_metadata_2025 huggingface dataset:
Analysis of the Impact of Consumption Downgrading Trends on the Retail Market Landscape
Authors: Liu Haolin
Published: June 2024

In recent years, the increasingly complex economic environment has led to a clear trend of consumption downgrading, profoundly affecting the retail market landscape. The factors causing consumption downgrading are diverse, including slower economic growth, increased income uncertainty, and rising living costs. Consumers now prioritize cost-effectiveness and practicality in their purchasing decisions. Therefore, the retail market must keep pace with societal trends and actively adjust strategies to meet changing consumer needs. This analysis is from the perspective of product strategy, where retailers clearly measure the balance between practicality and cost-effectiveness, targeting product line optimization to ensure that products meet market development needs. Additionally, enhancing service quality will be a focus of future efforts, including improving pre-sale, in-sale, and after-sale services, raising staff service awareness and overall quality, and providing the best shopping experience for consumers. Moreover, effective brand marketing is crucial, using various means to enhance brand image and visibility, helping the retail market adapt better to changes and achieve sustainable development.
Influence Path Analysis of Coordination between Material and Spiritual Civilization Based on the VAR Model
Authors: Yun Xiaojing
Published: June 2024

This paper quantitatively analyzes the degree of coordination between China's material civilization and spiritual civilization by establishing an entropy method-coupled coordination degree model. Based on the quantitative results, indicators of China's 1987-2021 tax policy, monetary policy, and open economy policy are introduced to construct a vector autoregressive model to deeply analyze the dynamic relationship between the level of coordination and these influencing factors from multiple perspectives. It is found that maintaining a robust monetary policy, optimizing the structure of foreign trade and exports, and optimizing the structure of taxation are conducive to further enhancing the level of the degree of harmonization between China's material and spiritual civilization, and promoting the high-quality development of China's modernization.
New mode of education management in Chinese universities under the background of Internet +
Authors: Jiang Zhongyan , Dizon Carmela S.
Published: June 2024

At present, the new technology represented by information technology and the Internet is penetrating into every field of human life. With the rapid development of Internet technology, "Internet +" not only brings technological innovation to colleges and universities, but also has a profound impact on educational concepts, teaching models, learning methods, teaching evaluation, and personnel training. Faced with the advent of the "Internet" + era, the educational management mode of colleges and universities needs to make corresponding changes and innovations in order to promote better and faster development of colleges and universities. With the increasingly prominent role of information technology in the development of colleges and universities, the "Internet" + era has become an important breakthrough in the reform and development of colleges and universities. This paper adopts the literature analysis method, firstly analyzes the basic connotation, current situation, problems and influence of the informatization of university education management under the background of "Internet +". Secondly, it puts forward a new model of university education management in the "Internet" + era. By describing the current situation and problems of university education management under the background of "Internet" +, this study analyzes its far-reaching influence in detail. On this basis, it analyzes and constructs the new mode and realization path of college students' education management under the background of "Internet" +. Correctly grasp the direction and focus of future education management informatization and education reform, and provide useful reference for the new model of China's higher education management under the background of "Internet" +.
Unity Between the Human and the Nonhuman in Wordsworth’s ‘Lucy Gray, or Solitude’
Authors: Liu Junhe
Published: June 2024

In 1798, Wordsworth and Coleridge published Lyrical Ballads, which included the poem ‘Lucy Gray, or Solitude’. Since then, it has consistently been analyzed alongside Wordsworth’s ‘Lucy Poems’, another set of poems that ‘Lucy Gray, or Solitude’ does not belong to. The result is a reductive interpretation of ‘Solitude’ that this paper aims to amend, arguing that ‘Lucy Gray, or Solitude’ holds value independent of the ‘Lucy Poems’. It is particularly prominent when considering Lucy Gray as one of Alan Bewell’s ‘marginals’ or people who live on the fringes of human society. Then, the paper focuses on the form and rhythm of the poem ‘Lucy Gray, or Solitude’, as well as Lucy Gray’s identification with young animals and light. Furthermore, Lucy’s symbolic passage of the bridge and the landmarks of its path are analyzed, leading to the question of how Lucy and her parents perceive her disappearance differently. The paper concludes by saying that Lucy Gray achieves unity between the human and the nonhuman.
A Multimodal Study on the Image-text Relations in Medical English Textbook
Authors: Lv Yan , Tan Yujiao , Ni Wenqian
Published: June 2024

With the advancement of globalization and information technology, the importance of multimodal teaching and learning of medical English has become increasingly prominent. Based on Martinic and Salway's status relations system, this paper studies the image-text relations of the medical English textbook "Medical Terminology: An Illustrated Guide"(The 8th edition)(2017). All the 256 images in this textbook were analyzed and classified according to the status relations. It has found that in each part as well as the whole textbook, from the perspective of the status relations, the complementary image-text relation is the most frequently identified, which is in accordance with the gradual complexity of the textbook. The setting of the relationship between images and texts in the textbook has a certain rationality and scientificity, which shows that the reasonable preparation and selection of images can better assist medical students in learning medical English terminologies, and can also provide beneficial guide for the compilers to design the medical English textbooks.
The Influence of Team Atmosphere on College Students' Leadership
Authors: Duan Yafei
Published: June 2024

This study will focus on the relation of "team atmosphere" and "college student leadership" as an important research object in this study, "team" only refers to college student teams, including college student entrepreneurial team, scientific research team, sports team, interest team, volunteer team, student association and other various college student teams. This study will select a total of 399 team college students from 5 universities as the research object. Based on the main findings and conclusions of this study, the following recommendations are made:(1) Strengthen the training of college students' leadership. The basic ways of college students' leadership training include course teaching, team activities, student organization participation, social participation, etc. The leadership education course for college students can take two forms: theoretical teaching and practical teaching. In the theoretical teaching, a general leadership course for college students is set up, including the methods of building vision and setting goals, the cultivation of decision-making power, executive power and interpersonal communication ability, so that college students can understand leadership. Practical teaching can take many forms such as team tutorial system and professional practice. At the same time, student organization is an important field of leadership training for college students. Universities should guide college students to actively organize and participate in activities organized by students, to improve their leadership. College students should actively participate in student organizations and social practice activities, and cultivate their leadership in team activities. (2) Create a good team atmosphere. Through the research, it is found that college students' leadership is significantly related to the team atmosphere, and college students' leadership positively affects the team atmosphere. At the same time, creating a good team atmosphere is conducive to improving college students' leadership. To build a good team atmosphere, the leader needs to clarify the team goal, coordinate the interpersonal relationship within the team, and enhance the communication and coordination of team members.
Exploring the Influence of Wing Shape on the Aerodynamics of Gliders
Authors: Cao Youtian
Published: June 2024

The lift-to-drag ratio and the aerodynamic characteristics of the wing shape play an important role in the performance of the glider. Lift-drag ratio, as a key index of aircraft performance evaluation, is directly related to aircraft glide performance, fuel efficiency, and flight range. The selection and optimization of wing shape is also considered to be one of the main factors affecting the performance of gliders. However, despite the extensive research in the field of glider design, there are still some gaps in the understanding of the relationship between lift-drag ratio and wing shape. The traditional research is carried out in a specific situation, and the aerodynamic characteristics of different wing shapes are relatively short of systematic comparison and in-depth theoretical analysis. Therefore, this research focuses on the design and performance optimization of gliders, focusing on the lift-drag ratio and aerodynamic characteristics of wing shape. The tracker is used to collect the data of glider models with different wing shapes in the air, compare the performance of various shapes, discuss their advantages and disadvantages, and make a comprehensive analysis. Important findings from this study not only provide practical guidance for glider design but also provide insight into the relationship between lift-drag ratio and wing shape research, this research encourages further exploration and expansion of this area to advance the development of glider technology. This research provides useful references for scientists, engineers, and designers in the field of aviation, leading to more advanced and efficient glider design and manufacture.
Research on the Impact of Momentum on Game Situations Based on Random Forest and XGBoost Models
Authors: Qiu Haiyang
Published: June 2024

The momentum in the realm of sports is like an intangible force, unleashed by a sequence of events. During a game, a team or player may feel they are riding this wave as if victory is within reach. However, the formation of momentum and its impact on the outcome of the game remains a mystery. To study the factors that influence momentum and explore their impact on it, ultimately understanding how they affect the course of a game, This study establishes a Random Forest Model to calculate the weights of these independent variables which we use to define the momentum and XGboost model to detect momentum combined with using SHAP Values to analyze the impact of different feature quantities on match fluctuations to learn about the impact of variable parameter changes on results. Finally, we improve strategic decision-making through genetic algorithm optimization based on the XGboost model to find the optimal allocation of indicators that maximize player momentum. This research has the ability to help us figure out the significance of momentum exploration in competitive scenarios and how to optimize momentum.
Prediction of the Situation of Postgraduate Entrance in China: Applicants and Enrollments
Authors: Zhong Chiyang
Published: June 2024

Applying for a postgraduate program has always been a popular choice after the four undergraduate years in China because it is deemed to increase competitivity in the job market. In recent years, applying for a postgraduate program has become more and more of a necessity when entering the job market. Therefore, it is important to understand and predict the postgraduate entrance trend. This paper used ARIMA model to predict the number of postgraduate applicants and enrollments in the near future after using KPSS tests to determine the order of differencing, and a combination of unit root tests, and optimization of AICc and MLE to find the optimal order of autoregression and moving average. The result reached is that the number of postgraduate applicants follows an ARIMA (1,2,0) model, and that of enrollments follows an ARIMA (3,2,0) model. The number of both postgraduate applicants and enrollment will keep on rising in the near future, while the admission rate is mostly stable.
Feasibility and Program Design of Maintenance Insurance for Common Parts in Residential Communities
Authors: Tian Sijia , Ding Shurui , Jin Taotao
Published: June 2024

Residential special maintenance funds for residential common parts, common facilities and equipment warranty expires after the maintenance and renewal, transformation. However, in the process of repairing the common parts of the district, the problems of misrepresentation, fraudulent claim and excessive repair of maintenance funds are prominent. In this paper, based on the maintenance data of Xuanwu District and Gulou District in Nanjing City from 2020 to 2022, we carry out the feasibility and program design of maintenance insurance for the common parts of residential neighborhoods. The results show that the existing maintenance funds can cover the expected premiums, verifying the feasibility of common parts maintenance insurance and designing an insurance program to help solve many problems in the process of community common parts maintenance.
Research on the Development Status of Highway Electronic Toll Collection System
Authors: Liu Qinghai
Published: June 2024

Highway Electronic toll collection system(ETC) is the most important part of intelligent transport system. Research and analysis on the development status of ETC can provide a research basis for its future development. In this paper, three subsystems of the highway Electronic toll collection system (ETC): automatic vehicle identification, automatic vehicle classification, and audit system are studied, and by comparing the research methods of scholars in different periods of time on automatic vehicle identification, automatic vehicle model classification, and audit system, it is found that with the application of new technologies such as big data, edge computing, AI algorithms, and laser radar, the highway Electronic toll collection system (ETC) development level is increasing.
Game Design Based on High-Definition Render Pipeline in Unity
Authors: Peng Yida
Published: June 2024

In the last few years, more and more people want to get involved in game production and with the development of Unity, the render result in games are becoming more and more realistic. High-Definition Render Pipeline is the best render pipeline in Unity for present, but High-Definition Render Pipeline is not easy for beginners. Therefore, this paper will go through the game design process of an environmental protection game to provide a simple workflow based on High-Definition Render Pipeline for readers. In this project, Blender was used for most of modeling work, Marvelous Designer for the fabric modeling, Substance 3D Painter for textures making. Finally, the researcher’s friend participated in a test of this game, although the testers say that this game could rise their awareness of environmental protection, but this game use a lot of resources from CPU and GPU due to the large number of models and the lack of optimization algorithms created.
The Translation of Sound from the Postcolonial Perspective: A Case Study of the English Translation of Sandalwood Death Written by Mo Yan
Authors: Zhu Yiling
Published: June 2024

Mo Yan, as the first Chinese Nobel Laureate in Literature, holds significant importance in the overseas dissemination of his translated works. The intentional retreating of Sandalwood Death writing makes it a unique narrative where characters, folklore, and culture weave together in a polyphonic tapestry of the era. Drawing upon post-colonial translation theory, this analysis delves into Howard Goldblatt's English translation of Sandalwood Death, focusing on the translation and retransmission of sound embodied in characters (narrative translation of characters), folklore (translation of idioms and proverbs), and culture (terms, Maoqiang). The study suggests that the translator employs a plethora of estrangement strategies, reflecting an overall trend of post-colonial translation. Many Chinese cultural terms seamlessly integrate into Western discourse, illustrating the potential for establishing a balanced discourse between East and West. This investigation explores the nuanced interplay of voices, unraveling how translation choices contribute to a broader discourse of cultural equality and understanding in the context of post-colonial translation.
Research on the Impact of the Belt and Road Initiative on the Overseas Business Performance of Chinese-Listed Firms——Quasi Natural Experiment from Cities Along the Belt and Road Initiative
Authors: Wang Jing
Published: June 2024

This paper examines how the Belt and Road Initiative influences the overseas operational performance of Chinese listed companies. Based on the panel data of Chinese Shanghai and Shenzhen A-share listed companies with overseas revenues from 2009 to 2020, this paper utilizes the DID models to conduct empirical tests. This paper examines the moderating effect of the overseas background of the executive team. It discusses the differentiation effect of the Belt and Road Initiative in the context of heterogeneous companies. The results find that the Belt and Road Initiative significantly reduces the overseas business performance of Chinese listed companies. The overseas background of the executive team can inhibit the negative impact of the Belt and Road Initiative on the companies’ overseas business performance. Moreover, the implementation of the Belt and Road Initiative significantly reduces the overseas business performance of large-scale companies but has no significant effect on small-scale companies. Therefore, Chinese firms should strengthen risk management and cost control, build executive teams with overseas backgrounds, and set clear performance targets to enhance the effectiveness of overseas operations.
Analyzing the Risk-Return Trade-Off Relationship of Chinese New Energy Firms Using the Capital Asset Pricing Model
Authors: Lyu Dongqi
Published: June 2024

This study examines the risk-return trade-off for prominent Chinese new energy companies within the context of the country's burgeoning sustainable energy sector. Utilizing the Capital Asset Pricing Model (CAPM), the paper investigates the systematic risk factors impacting the stock returns of BYD, CATL, and Sungrow, which are leaders in the electric vehicles, energy storage, and photovoltaic sectors, respectively. The research highlights the unique beta coefficients indicative of each company's market volatility and explores the implications of these risk profiles for investors and policymakers. While the findings suggest the presence of abnormal returns and provide valuable insights for investment strategies and policy formulation, the paper acknowledges limitations in market-based risk assessment and suggests future research to incorporate a broader range of company-specific factors and comparative analyses. This study contributes significantly to understanding the complexities and dynamics of risk management in China's rapidly advancing new energy market.
The Impact of Resource Inequality on Employment and Social Integration of People with Disabilities
Authors: Yang Jiayin
Published: June 2024

In the current social context, resource inequality profoundly affects the social integration of people with disabilities. Due to physical or cognitive impairments, this demographic faces numerous challenges in education, employment, and socialization. Inequity in educational resources leads to lower educational levels among people with disabilities, while discriminatory employment opportunities hinder their integration into the workplace. Additionally, insufficient skills training and assistive technology resources exacerbate their difficulties. Furthermore, cultural differences, discrimination, and an imperfect social welfare and support system also limit their social participation and integration. To address these issues, it is imperative to develop solutions based on actual conditions, enhance educational equity, improve educational levels for people with disabilities, and ensure access to high-quality education. Moreover, promoting employment equity, eliminating job discrimination against people with disabilities, and providing more employment opportunities are crucial. Simultaneously, enhancing skills training and support for assistive devices will help improve their employability. Implementing these strategies will create a fairer, more inclusive social environment for people with disabilities, promoting their social integration and development and contributing to societal harmony and progress.
Study on the Development of Offshore RMB Market and Its Impact on the International Financial System
Authors: Sun Weihua
Published: June 2024

The internationalization of the Chinese yuan responds to challenges with the US dollar's dominance, spurred by events like the subprime crisis and unlimited quantitative easing. China's economic stature necessitates yuan's global role. Its journey involves five stages, from border trade usage to SDR inclusion and presence in global indices. Offshore markets are pivotal, facilitating capital flows and meeting investor needs. Financial regulatory reforms align with market dynamics, enhancing transparency and stability. This study explores the symbiotic relationship between yuan internationalization and financial regulatory reforms, offering theoretical insights and policy recommendations for China's financial evolution and yuan's global ascent.
Interrelationships and Dynamics of Asian Currencies: A Comprehensive Analysis of Exchange Rate Trends and Implications for Investment
Authors: Xiao Chengzhang
Published: June 2024

This study endeavors to offer a profound insight into the dynamics and interrelationships of Asian currencies vis-à-vis the US dollar. The analysis begins by juxtaposing the macroeconomic and trade backdrops of distinct currency pairs: the Chinese Yuan (CNY) and Singapore Dollar (SGD), the Thai Baht (THB) and Philippine Peso (PHP), the Japanese Yen (JPY) and Korean Won (KRW), and finally the Vietnamese Dong (VND) with the Indian Rupee (INR). These juxtapositions, accompanied by recent trade and economic data, outline the fluctuations in exchange rates against the US dollar. Various angles of exploration unravel the relationships of these currencies with their economic partners – China with ASEAN nations, Japan and Korea with their primary trading allies, and Vietnam and India post the 2008 financial crisis. Moreover, the study showcases how global and regional economic factors impact the monetary conditions of these nations. Subsequent correlation analyses uncover the intricate relationships both amongst these currencies and against the US dollar. Specifically, findings highlight the strong positive correlation between the Singapore Dollar and the Chinese Yuan, and the negative correlations of both the Vietnamese Dong and the Indian Rupee with the Chinese Yuan. The conclusion of this study accentuates the importance of understanding the dynamic relationships and macroeconomic settings of these Asian currencies for both investors and policymakers. Such an understanding offers invaluable guidance and insights for future investment decisions. Moreover, these revelations furnish valuable data and observations for further economic studies.
Study on Alkali Reduction Effect of SAP on Cementitious Composites
Authors: Xu Wenxing , He Shuai , Zhu Yangyi
Published: June 2024

In order to improve the high alkalinity environment inside the cementitious composites, the effect of SAP doping on the pH value and compressive strength of cement slurry was investigated by doping Super Absorbent Polymer (SAP). The test results show that SAP can reduce the pH value of cementitious composites at 28d to a certain extent; the pH value of cementitious composites at 28d is significantly reduced when SAP doping is 0.3%, and the compressive strength is improved compared with that of the control group; SAP particles will form cracks with the middle of the cement matrix after the release of water to reduce the alkaline material outflow from the cement matrix, which will make the pH value of SAP specimens reduced.
Study on Consumption Preference of New Energy Vehicles
Authors: Liu Zhentian
Published: June 2024

The sales volume and sales volume of new energy vehicles in the market reflect the public's use of new energy vehicles. According to the feedback and demand of different people, the purchase proportion of new energy vehicles and new energy vehicles is different. The impact on economic development and the impact on the purchasing economy. The psychological impact of people using new energy vehicles. Consumers' pursuit of new energy vehicle performance (breakthroughs in speed and road use quality. Changes in conventional engine power output and motor output. The psychological impact on the use of new energy vehicles. Consumers' pursuit of new energy vehicle performance. After-sales quality assurance and service, the impact of different age groups on new energy vehicles. And the impact on the economic development of the population and the purchasing population, different age groups have different demands for new energy vehicles. After-sales service has also improved with market changes, and more and more people are pursuing the purchase of new energy vehicles. China's new energy vehicle policy will have an impact on the price of cars and buyers.
The Effectiveness of Historical and Cultural Heritage in Relation to Technological Innovation
Authors: Gao Yan
Published: June 2024

This study investigates the effectiveness and technological innovation in historical and cultural heritage education across several Chinese universities, focusing on Yulin College, Shaanxi Normal University, Yan’an University, Weinan Normal University, and Shenmu Vocational and Technical Education Center. Utilizing a purposive sampling technique, the research involves 250 students who have taken history classes in these institutions. Data collection is conducted through a self-made questionnaire informed by extensive literature reviews. Employing a non-experimental quantitative design, this descriptive comparative correlational research examines the relationship between educational effectiveness and technological innovation. The study aims to provide a detailed depiction of the association between these variables within their natural educational settings. The findings reveal a diverse student demographic, with 56.1% females and 88.5% aged 16-20 years. Students rated the curriculum's comprehensiveness, engagement, pedagogical techniques, resource accessibility, and cultural value positively. While perceptions of educational effectiveness were consistent across genders, age-related differences highlighted varied experiences and expectations. Technological innovation, including digital resources, interactive platforms, and multimedia integration, received favorable evaluations from students, indicating a positive impact on their learning experience. The study found a strong positive correlation between curriculum comprehensiveness and technological innovation, suggesting that integrating technology enhances educational effectiveness. The study concludes that historical and cultural heritage education in the surveyed universities is effective, with students responding positively to curriculum and technological integration. Recommendations include developing age-inclusive strategies, expanding technological integration, enhancing digital skills, ensuring gender-inclusive education, evolving curricula, improving feedback tools, providing professional development for educators, and conducting ongoing research and evaluation.
The Global Impact of and Response to the Fed's Interest Rate Hike
Authors: Liu Xi
Published: June 2024

The international situation is tense, and the international economic situation is in a state of instability. Political factors similar to the Russian-Ukrainian war and the Palestinian-Israeli conflict continue to affect international economic trade deeply. As the country with the highest global GDP, the United States, its economic policy has a pivotal impact on the global economy. Because of the instability of the external environment and violent internal conflicts, coupled with the local economic situation being in a downward phase, the United States has adopted a more extreme monetary policy of interest rate hikes to absorb the dollar capital from all over the world back to the United States. This article is based on the U.S. interest rate hike for the U.S. itself, developed capitalist countries, the Chinese region, and the Asian economic backwardness of the country's impact, as well as some of the countries for the U.S. interest rate hike policy to take measures, and combined with the U.S. interest rate hike in the past the purpose and impact of the U.S. to analyze the United States of America's further economic decision-making trends and the future trend of the international economic and political trends, and to explore the China and other countries to better cope with the method. The study finds that the Fed's big move to carry out the interest rate hike this time is related to the unemployment problem within the United States, the racial problem and cultural conflict, as well as the leftover problems after the end of the epidemic, and uses this as a lead to try to adjust the economic situation of the whole world. Through the tidal wave of the dollar, hostile countries are weakened, paving the way for future wars or better control of the entire international situation.
Study on the Problems and Countermeasures of Bilingual Teaching in Business Based on Translanguaging
Authors: Fu Jiaqi
Published: June 2024

With economic globalization, economic and trade cooperation between countries and China has been strengthened, which poses a challenge to the cultivation of bilingual talents in business. However, there is a gap between the cultivation of bilingual talents in business and the market demand, and there are many problems. In recent years, "Translanguaging" has become a hot spot of linguistic research, which provides a new perspective for the reform of bilingual business teaching. In this paper, we investigate the cross-cultural business communication (bilingual) course in a university, find out the problems, and put forward reform suggestions from the perspective of translanguaging, including updating the teaching concept, reforming the assessment method, and improving the bilingual level of the students, etc. The purpose of this paper is to provide a new perspective for the bilingual business teaching in Chinese universities. It aims to provide new ideas for the bilingual teaching of business in Chinese universities and improve the quality and effect.
Case Study of Enterprise Value Assessment
Authors: Chen Dian
Published: June 2024

Along with the gradual advancement of the deepening reform of our country's socialist market economy and the further optimization of resource allocation, the restructuring, investment, acquisition and merger of enterprises are becoming increasingly frequent economic activities. The evaluation of the value of the target enterprise is one of the important links. This paper takes the small household appliance industry as the starting point, takes the small B Electric Appliance Co., Ltd. as an example, and uses the discounted free cash flow model in the income method to estimate its market value. It can reflect that this method is conducive to providing detailed and solid basis for value assessment relatively comprehensively from the aspects of enterprise profitability, profit quality, future profit sustainability, expected rate of return of the industry in which it is located, and time cost of funds, etc., and is widely used in the capital financial market and market information disclosure requirements.
Influencing Factors of the Orienteering Team of Coaches in Selected Universities in Guangdong Province, China
Authors: Xiong Shuang
Published: June 2024

Orienteering has its origins in early field military activity in Sweden. Hong Kong, China is the first region in China to come into contact with orienteering. In 1983, the Chinese People's Liberation Army Sports Institute held the "Orienteering Experimental Competition" in the Baiyun Mountain Scenic Area of Guangzhou City, Guangdong Province, which opened the prelude to the development of orienteering in China. Orienteering is a representative high-level comprehensive sports event for college students in Guangdong Province, China, with the sports teams participating in the Guangdong University Games and the Guangdong University Orienteering Championship from 2018 to 2022. Among them, the China Guangdong University Games (held every three years in 2019 and 2022 respectively), the China Guangdong University Student Orienteering Championship (held once a year), combined with the statistics of the registration list of the events in the past five years, a total of 84 universities participated in the China Guangdong University Games and the China Guangdong University Student Orienteering Championship. This study has certain scope and limitations in formulating the research plan and direction. Firstly, this paper analyzes the spatial distribution characteristics of orienteering teams in colleges and universities in Guangdong Province. The main objective is to verify the influence of sports human resources, sports facilities resources, physical education teaching resources and sports training resources on the development of orienteering teams in Guangdong Province, China. Questionnaires were distributed and collected in this study. A total of 84 universities participated in the above 6 orientation activities for college students in Guangdong Province, and 5 representative universities were selected as research objects. Among them, four orienteering teams with the university as the research object have achieved good results in the competition and have been established for a long time, and the other university is a place where researchers work. One coach and four athletes per university. Respondents felt that different resources had a strong sense of identity with the impact of orienteering on Guangdong University in China. There was no significant difference between the self-efficacy level of the respondents and the impact of orienteering on Guangdong University, China, and there was no direct relationship between the two resources. According to the results of the study, a framework for strengthening orienteering in universities in Guangdong Province can be developed to improve the level of orienteering strength in universities in Guangdong Province, China.
Research on the Application of Machine Learning Technology in Intelligent Stock Selection
Authors: Chen Hongtao
Published: June 2024

With the development of big data era and artificial intelligence, intelligent investment has gradually replaced artificial investment consultants for consulting and financial services. Robo-advisor can also be called robot investment, intelligent financial management, automated financial management and so on. The traditional quantitative investment model mostly depends on the indicators designed by the financial knowledge and experience of the researchers and cooperates with the economic model or strategy. Financial knowledge and experience play a major role in the construction of the quantitative investment model, so the efficiency of model development and updating is low and the human influence factors are large. The quantitative model is established through big data and intelligent algorithms, and the market is judged according to the risk preference of investors, intelligent allocation and investment of assets are carried out, and automatic strategic trading services are implemented. Based on machine learning theory, this paper studies the two types of investment in quantitative investment: quantitative timing and quantitative stock selection, and puts forward corresponding quantitative investment models. Through testing the models, it is verified that they have good profitability and risk control ability, which is a quantitative investment model that can provide guidance for investors.
Corporate ESG Performance and Cost of Debt Capital
Authors: Wu Wenjun
Published: June 2024

The impact of corporate ESG performance on the cost of debt capital is examined using A-share listed companies in Shanghai and Shenzhen from 2007 to 2021 as the research sample. The empirical results show that ESG performance has a significant negative relationship with the cost of debt capital, i.e., firms can reduce their cost of debt capital by improving ESG performance. It is further found that ESG performance has a stronger effect on reducing the cost of debt capital for non-state-owned enterprises than for state-owned enterprises; ESG performance has a more significant effect on reducing the cost of debt capital for enterprises with high quality of internal control than for enterprises with low quality of internal control; and the effect on reducing the cost of debt capital is better for enterprises with high level of external supervision than for enterprises with low level of external supervision.
Analysis of Driving Factors and Action Path of Green Investment Behavior of Individual Investors
Authors: Li Chenyu , Zhang Yunwang , Hou Guoyuchao , Ma Mingpu
Published: June 2024

Green finance plays a key role in the process of achieving the dual carbon goals in China. China's capital market is dominated by individual investors, so studying their green investment behavior has a relatively complete theoretical value for effectively playing the incentive mechanism of green finance, and also has important practical significance. First, based on literature research and a questionnaire survey, this paper obtains and screens the driving factors of individual investors' green investment behavior. Secondly, using Logistic regression and other methods, we identified the impact of the herding effect, local preference, environmental awareness, media information, residential environmental pollution level, policy factors, corporate image, and green investment willingness on investment behavior. Thirdly, the structural equation model is used to test the action path of the driving factors, and six significant influence paths exist among the eight factors. Finally, according to the research conclusions, we propose corresponding policy recommendations at the individual, company, and national levels to improve the green investment behavior of individual investors.
Temporal and Spatial Pattern Evolution and Influencing Factors of Ecological Civilization Construction in the Yangtze River Economic Belt
Authors: Zhang Xinyu
Published: June 2024

Measuring the quality of ecological civilization construction in the Yangtze River Economic Belt provides guiding suggestions for the green development of the region. This article uses the entropy weight method and fixed effects model to study the temporal and spatial evolution characteristics of the development of ecological civilization construction in the Yangtze River Economic Belt and its three major river basins from 2005 to 2020 and key influencing factors. Research results: Firstly, from 2005 to 2020, the overall quality of ecological civilization construction had maintained a continuous upward trend, and the development level of the upstream region was in a leading position. Secondly, the development advantages of ecological economy and environmental protection were prominent, and the development speed of the mid-stream region was relatively slow. Thirdly, in the analysis of spatial evolution characteristics, there were significant differences in the development levels of provinces and cities in different regions, with higher fluctuations in the development of upstream region. Fourthly, in the analysis of influencing factors, the investment factor had a significant positive impact on ecological civilization development, government intervention and infrastructure promoted the ecological civilization development, while urbanization had an inhibitory effect on it. Research suggestions: In response to the current situation of ecological civilization construction in the Yangtze River Economic Belt, various regions should strengthen coordinated development, balance development in all dimensions, adopt a regional ecological civilization development strategy adapting to local conditions, coordinate economic and ecological development, and improve the environmental protection regulatory system.
Study of the Impact of Annual Report Text Tone on Corporate Financing Constraints
Authors: Wu Mingjie
Published: June 2024

Based on the incremental information theory, this paper examines the impact of annual report text tone on corporate financing constraints using a fixed-effects model with a sample of listed Chinese A-share enterprises in Shanghai and Shenzhen from 2008 to 2021. The findings show that positive annual report text tone can effectively alleviate firms' financing constraints, which remains robust after considering the self-selection problem of the model, omitted variables and the lagged effects of the independent variables. Further, the paper analyses the mediating and moderating effects of the relationship between the tone of annual report texts and corporate financing constraints. For the mechanism analysis, the paper examines the mechanism role of media attention. In terms of moderating effects, two macro-level variables, namely the level of regional economic development and the quality of the institutional environment; one meso-level variable, industry concentration; and three micro-level variables, namely the quality of internal control, equity structure and life cycle, are selected for analysis. The findings obtained from this paper have implications for the expansion of effective disclosure of annual reports by companies and for investors' proper understanding of the role of incremental textual information in annual reports for investment decisions.
Research on the Effect of Credit Term Structure on the Transformation of Innovation Achievements
Authors: Zhao Henghui
Published: June 2024

Innovation is the primary driving force leading development, and promoting the transformation of scientific and technological achievements is an important issue in implementing the innovation-driven development strategy. From the perspective of market participants, we use the relevant provincial panel data of 30 provinces in China from 2003 to 2019 to explore the impact and mechanism of credit term structure on the transformation of industrial innovation achievements. The study found that the long-term credit term structure has generally improved the economic transformation of my country's industrial innovation achievements, and this effect shows regional heterogeneity and time heterogeneity. After examining the impact mechanism, we found that the credit term structure affects the transformation of innovation achievements through the two paths of affecting the R&D investment of the real industry and the construction of social infrastructure. Further studies have found that the effect of long-term credit term structure on the transformation of innovation achievements is also affected by regional economic incentives, showing a threshold effect. This article expands the research perspective of finance in the real economy, enriches the relevant literature in the field of industrial innovation, provides certain evidence support for the strategy of serving the real economy and deepening the reform of the financial system.
The Impact of Carbon Risks on Energy Company Stock Prices: An Empirical Study based on Investor Concerns
Authors: Wang Yuqing , Cheng Han
Published: June 2024

Based on a Baidu index perspective, this paper constructs an intermediary effect model and a VAR model to investigate the impact of carbon risk and investor concerns on the share prices of energy companies, using daily data on the closing prices of energy company stocks and trading on eight carbon emission rights exchanges. The results show that there is a long-term interaction among carbon risks, investor concerns and energy company share prices. Analysis of the intermediary effect shows that investor concerns have a positive intermediary effect, reinforcing the response of corporate share prices to carbon risk. Finally, the paper makes recommendations for the investment decisions of Chinese investors, the strategic development of energy companies and the development of the carbon emission rights trading market.
Exploring the Influence of Video Forms on Consumer Behavior
Authors: Gu Lening
Published: June 2024

At present, e-commerce platform has become the main channel for people to shop, which has produced great economic value. Among them, consumer behavior is the key factor to improve the economic effect of e-commerce platform, and short video marketing, as an important marketing method to promote consumers' consumption at present, has a significant influence on consumers' consumption behavior. In the new era, people have become more and more inclined to watch videos to get information or relax themselves. However, the massive information makes attention become the scarcest resource in this era, and short video applications led by Tik Tok stand out. This article takes unboxing evaluation short videos as the research object, and conducts empirical analysis on the four dimensions of short video content marketing, namely informative content, authentic content, interesting content, and emotional content, with trust and perceived value as mediating variables, and consumer purchase intention as dependent variables. The results showed that the marketing dimension of evaluation based short video content had a direct impact on purchase intention, with trust and perceived value playing a partial mediating role between the two.
Research on the Competition Law Risks and Regulation Brought by Generative Artificial Intelligence
Authors: Yu Youchun
Published: June 2024

The emergence of chatGPT signifies that Artificial Intelligence (AI) technologies for generating content will have a significant impact on people’s work and lifestyle. Nowadays, R&D of generative AI such as chatGPT has become the core domain in the latest wave of technological competition among nations, yet we must be aware that it may result in the disclosure of trade secrets, abuse of dominant market position and other market competition and monopoly risks. In order to regulate the advancement of generative artificial intelligence, it is imperative to refine the existing legislative framework and establish a novel regulatory architecture that involves the participation of the government, corporations, and end-users, to ensure both the free development of technology and its orderly compliance, and guard against the occurrence of malicious competition and market monopolies.