Proceedings of the 2023 International Conference on Economic Management,Financial Innovation and Public Service (EMFIPS 2023)

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78 articles
Proceedings Article

Peer-Review Statements

Peng Dou, Keying Zhang
All of the articles in this proceedings volume have been presented at the EMFIPS 2023 during December 29-30 2023 in Cangzhou. These articles have been peer reviewed by the members of the Nanpi Bohailiangcang Research Institute and approved by the Editor-in-Chief, who affirms that this document is a truthful...
Proceedings Article

Analysis of the Impact of the Policy of Replacing Business Tax with VAT on the Economy

Boshen Chen
To address the impact of unreasonable tax system on China’s economy, China began to implement the policy reform of “replacing business tax with VAT” in 2011 to optimize the tax system. This paper uses the panel data of economic indicators of provinces from 2005 to 2017, the economic benefits of the “replacing...
Proceedings Article

Research on Marketing Communication of E-sports Industry

--The Example of the Variety Show “We Are the Champions”

Boyang Zhou
After decades of development, the e-sports industry has been changing its communication format in recent years. Based on the analysis of the e-sports-themed online variety show “We Are the Champions”, we explore the characteristics of the online variety show’s presentation in the context of e-sports....
Proceedings Article

Greenwashing in Sustainable Finance: Defining the Problem, Analysing the Drivers and Paths to a Solution

Chenqing Zhang, Yaqiao Zhuang
As the concept of sustainability has gradually become an important part of mainstream values, sustainable finance and financial products of this category have been receiving more and more attention in financial markets worldwide. In the rapid development of sustainable finance today, many issues and...
Proceedings Article

Evaluating the Impact of the Pandemic on the US Agriculture Industry based on Fama-French 5-factor Pricing Model

Da Wei
Covid-19 has unprecedentedly influenced industries in the global area, and this paper studies the significance of Covid-19 in impacting the agriculture industry in the USA. The paper collects data from Kenneth. French-Data library dividing the data into four stages, and the Fama-French 5-factor pricing...
Proceedings Article

Research On the Impact of The Russia-Ukraine Conflict on The Energy Market and The Future Oil Trend

Dilin Tan
The Russia-Ukraine conflict is a topical political issue in 2022. This study belongs to the analysis and outlook of the unexpected event. After the event, relevant news reports and scholars’ analysis mainly focus on the following aspects: 1. The description and analysis of the process of the Russia-Ukraine...
Proceedings Article

The Impact of Internet Finance on Household Risk Asset Allocation-Mechanism Analysis

Hangkai Zhang
Chinese households primarily rely on savings as the main component of their assets, yet the returns are distressingly low. Additionally, Chinese residents encounter challenges when it comes to preserving their wealth, as they have limited investment opportunities and face other obstacles. Nevertheless,...
Proceedings Article

Public Goods in Information Cascades: Is There Still a Free Rider Problem?

Hin Yu Micah Cheung
The phase “public goods” has been with the theories of economics for quite a long time and there are multiple ways to analyze and interpret why these goods will cause the free-rider problem. This paper suggests a variant of the basic information cascade game by introducing an idea of mutual benefit such...
Proceedings Article

How Does Digital Technology Help Start-Ups’ Financing Development? - Discussion and Analysis Based on Four Kinds of Digital Technology

Huili Cong
This study focuses on how digital finance can help startups in financing, and analyzes the advantages of digital technology in improving financing efficiency and reducing costs through an in-depth study of the use of big data, artificial intelligence, cloud computing, blockchain and other technologies...
Proceedings Article

Understanding the Role of TikTok’s Media Affordances in Promoting Sustainable Branding Strategies

Ivy Ziyi Yang
The 21st century confronts us with pressing environmental challenges, necessitating innovative approaches for promoting sustainability. As society turns to social media for awareness and change, TikTok emerges as a platform to galvanize sustainable branding strategies. This study delves into TikTok’s...
Proceedings Article

A Study of Class Competition and Interpersonal Patterns in the Urbanization Process

——Taking takeout industry as an example

James Jiajun Han
In the process of urbanization, a large number of agricultural migrants have entered the emerging urban business, promoting a rapid transformation of the urban and rural class structure in China. With the arrival of economic downward pressure, class interactions have taken on new characteristics, causing...
Proceedings Article

Whether Short Selling Improve Price Efficiency and Liquidity in the Chinese Stock Market

——Research Based on Natural Experimental Data

Jianye Jin
This paper constructed different indicators to test the effect of the margin trading reform in China’s A-share market using detailed data between 2010 to 2014. The empirical evidence showed that the underlying group’s liquidity after the reform increases relative to the non-underlying group’s. And there...
Proceedings Article

Analysis of Macroeconomic Indicators That Affect Electric Vehicle Stock Market

Jiazhong Wang
The performance of an individual stock is exposed to both systematic and unsystematic risks based on economic indicators. Such indicators may directly or indirectly have drastic effects on the performance of an individual stock or the overall market. The stock market is an integral part of the financial...
Proceedings Article

Analysis of Financial Asset Pricing Model for Portfolio Investment based on Principal-Agent Theory Perspective

Junhao Hu
If investors entering the securities market want to make rational investment decisions, they need to understand whether the current financial asset prices truly reflect the intrinsic value of the market economy, and the important discriminatory basis that can help investors invest accurately is the past...
Proceedings Article

Design Research of Enterprise Financial Management Information System under the Concept of Business and Finance Integration

Junyao Hu, Zhou Shen
With the rapid development of information technology, the informatization of enterprise financial management has been initially realized. The organic integration of financial information system and business information system can comprehensively improve the enterprise’s internal management ability. The...
Proceedings Article

New Trends and New Paths of Innovation and Entrepreneurship from the Perspective of Supply-Side Reform

Junqi Jiang
In the new era, the supply side structural reform has further adjusted the market economy structure, resulting in a significant reduction in labour-intensive positions. On the contrary, the positions related to digital economy has increased. Under the context of supply side reform, the fields of innovation...
Proceedings Article

The Impact of Tea Price Fluctuation on the Income Gap Between Urban and Rural Residents in China

Junwen Zheng
Based on China’s practice, this paper analyzes the impact of tea price fluctuations on the urban-rural income gap, proves relevant research hypotheses, and analyzes its impact mechanism. The study found that technological progress can reduce the cost of tea prices, thereby increasing farmers’ income....
Proceedings Article

The Effect of Population Aging on the Fiscal Burden of Local Governments

——An Empirical Analysis Based on Provincial Panel Data in China

Kaijie Liang
China’s rapid and deep population aging has brought great effect and challenges to local governments fiscal. In the context of China’s national pooling of basic state pension has entered the implementation stage and the demographic changes of the 7th census. This paper explores the effect of population...
Proceedings Article

Market Analysis of the Game Industry Based on Survey Questionnaire

Kaiyuan Liu, Tianyi Sun
In recent years, China’s game market has been booming. We prepared a survey questionnaire with 18 questions, and 86 people participated in the survey. Questions 1 to 5 show that the proportion of men and women surveyed is equal, and their attitude towards games is relatively neutral. If they want to...
Proceedings Article

Study on the Efficiency of Accounts Receivable Utilization

------Based on data from companies in the appliance manufacturing industry

Keyu Shi
Nowadays, “credit sales” has become a mainstream sales method. This mode can be used to quickly increase sales and bring profits, but it also leads to a large increase in accounts receivable. Once there is a large amount of bad debt in the accounts receivable, or the repayment is not timely and other...
Proceedings Article

Research on the Influencing Factors and Development of the Metaverse Industry

Lufan Zhang
Metaverse has been closely watched by outsiders as a hot topic in recent years. In today’s increasingly mature traditional Internet market, the metaverse industry is seen by many Internet practitioners as a brand new track to break the deadlock, and with the added heat, both capital and technology are...
Proceedings Article

Brand Value and Marketing Strategies of Professional Sports Clubs

Mengen Liu
With the rapid development of the sports industry, professional sports clubs face new opportunities and challenges in brand building. This paper explores the key driving factors for enhancing club brand value through case studies of Manchester United, the Golden State Warriors, and Real Madrid. The research...
Proceedings Article

Current Situation and Future Development Analysis of Online Crowdfunding

Minghao Liu
Although online crowdfunding has many advantages, it has also exposed numerous drawbacks during its development. Firstly, it involves various risks. Secondly, it can harm public donation sentiments, deprive genuine seekers of assistance rights, and undermine the atmosphere of public welfare and charity....
Proceedings Article

Statistical Analysis of the Influence of Digital Inclusive Finance on High-quality Economic Development

Mingxuan Jiang
The development of digital inclusive finance has further improved the inclusiveness of financial resources, making financial resources more fully and rationally used. The rapid development of digital inclusive finance in China can help China’s high-quality economic development. Based on the Spatial Dubin...
Proceedings Article

Research on Financing Strategies of Small and Medium-sized Enterprises - Based on Capital Structure Theory

Nian Liu
Small and medium-sized enterprises (SMEs) play an important role in China’s economic construction and have made great contributions to the country’s economic development. However, the difficulty of financing for SMEs is also becoming more and more prominent, which has become the primary problem restricting...
Proceedings Article

Green Clothing Products Sense Quality · Consumption Emotion · Purchase Intention

Qihui Hu
At the present stage, in the era of global consumerism, the emergence of “green clothing” is a concrete manifestation of the transformation of the market economy in the field of textiles and clothing. The transformation of the development model of enterprises and consumers’ experience of green clothing...
Proceedings Article

The Impact of Venture Capital on Enterprise Innovation: Taking High-end Medical Devices as an Example

Ruichong Li
Venture capital plays an important role in corporate innovation. The academic community has yet to reach a consensus on the relationship between venture capital and corporate innovation. Existing reviews are limited to qualitative interpretations of the “existence” of relationships, lacking sufficient...
Proceedings Article

The Internal Mechanism of Social Stratification Theory and Its Ideal Prospect -- from Classical Political Economists to Marx

Shanshan Wang
With the continuous development of globalization and capitalization, the theory of social stratification has an increasingly important impact on the changes in social forms and human development. Unlike traditional research on social stratification theory, this paper explores private property, labor...
Proceedings Article

What Influence the Exchange Rate of RMB after the Outbreak of Covid-19?

Shaoting Zhu
This article studies the trend and influencing factors of the exchange rate of RMB since the outbreak of the Covid-19 in 2020. Since the outbreak of the Covid-19, the RMB exchange rate has experienced a wide range of fluctuations. This article first summarizes the relevant literature about the determinants...
Proceedings Article

Research on the Development Paths of Green Logistics for Agricultural Products under Low Carbon Economy

Shuyu Gong
In the context of China’s rapidly advancing socio-economic framework, there is a heightened societal emphasis on elevating the standard of living, which has consequently led to a surge in the popularity of environmentally sustainable agricultural produce. As a prominent agricultural nation, China has...
Proceedings Article

Analysis and Prospects for China to Avoid Middle-Income Trap

Songchun Zhang
In 2021, China’s GDP per capita was US$12,358.797, making it a middle-income country. Whether China can cross the middle-income trap to become a developed country and sustainably contribute to the development of the world economy has become a hot topic of concern for economists around the world. By comparing...
Proceedings Article

Research on the Impact of Enterprise Information Disclosure Quality on Corporate Operation

——An Analysis Perspective Based on the Mandatory or Non-Mandatory Nature of Information Disclosure and Disclosure Media

Tengfei Wei
Corporate disclosure has received increasing attention in recent years as a way for investors to understand companies. While existing research focuses on the truthfulness of corporate disclosure, this paper analyzes the impact of corporate disclosure quality on both internal and external aspects of the...
Proceedings Article

Research on Localized Operation Strategies of Industry Chain of Classic IP in the Pan Entertainment Era

Tianji Liang
With the rapid development of mobile Internet, the pan-entertainment industry has become an important part of the global cultural industry. In this context, the localization operation strategy of the classic IP industry chain has become an important research topic. Taking the world-famous IP Disney as...
Proceedings Article

Opportunities and Risks in the Era of Population Aging

Weiwei Li
At present, the degree of Chinese population aging is further deepened, which has a huge impact on individuals, families and society. This paper discusses the influence of population aging on economy, society and family from the aspects of industrial structure adjustment, family anti-risk ability decline...
Proceedings Article

Research on the Financial Management Mode of Small Enterprises in the New Economic Environment

Weiwei Wu
Small and medium-sized enterprises are an important part of China’s market economic development, however, its own financial management situation is more prominent, on the one hand, with the changes in the market environment, the need for continuous upgrading of management methods; on the other hand,...
Proceedings Article

Financial Support for the Development of Chinese Cultural Industry: Issues and Recommendations

Weixuan Xia
In recent years, with the continuous development of China’s economic level, China’s cultural industry has also flourished. Based on literature analysis and data compilation, this paper examines the bottleneck and influence of China’s financial support for the development of cultural industry, and proposes...
Proceedings Article

Study on Digital Transformation of Small and Medium-Sized Rural Commercial Banks

Wenting Han
With the rapid development of the global technology economy and the increasingly personalized demand for capital and services, the old marketing model can no longer adapt to the changes of the times. How to successfully achieve “digital transformation”, change development strategies, and business management...
Proceedings Article

Interrelation between Subcultural Groups and Economy in the New Consumption Era

——An Empirical Study Based on Various Fan Culture Groups

Xiangjing Liao
With the advent of the new era of consumption, the development of the Internet and technology has brought different characteristics and influences on our community formation, subculture and economy. With the changes in the interaction mode of social groups, social groups have gradually formed different...
Proceedings Article

A Comparative Study on the Current Development of Digital Agriculture in China and the United States

Xiao Yang
Based on the historical data and existing research of China and the United States, this paper introduces the basic agricultural development process of the two countries. Secondly, this paper further looks at digital agriculture, a high-level and high-efficiency agricultural goal, and summarizes the reasons,...
Proceedings Article

The Impact of Digital Economy on Corporate Social Responsibility

Xiaoli Ge
The continuous development of digitalization has brought about changes in the digital economy while corporate social responsibility has also received public attention. This paper explores the effect of corporate social responsibility in different regions of digital economy development by focusing on...
Proceedings Article

The Effect of Social Media and Consumers’ Reviews on Consumers’ Purchasing Behavior of Beauty Products

Xin Tang
The impact of social media on the performance of beauty brands has been a topic of interest, but few studies have examined this relationship. As the use of social media continues to grow in the beauty industry, the specific effects of social media on customers remain unclear. In this study, I aim to...
Proceedings Article

Regional Differences of Housing Price Influencing Factors

Xin Zheng
The rapid development of China's real estate market since the reform and opening up has greatly promoted China's economic growth. Zhejiang Province and Anhui Province are adjacent to each other, but there are huge differences in economic development. Studying the regional differences of influencing...
Proceedings Article

Research on Problem of Installing Elevators in Old Communities

Xing Chen
With the further aging aggravation of China, the expectation of residents for the installation of elevators in existing residential buildings has also become increasingly strong. The installation of elevators in community housing has become a focus of people’s livelihood, and has gradually become an...
Proceedings Article

The Impact of Discount Information Design on Consumer Purchase Intention in the Live Commerce Context

Xingren Liu
Discount information is an essential component of live commerce platforms, playing a crucial role in attracting users in various promotion scenarios. Inappropriate design of discount information, such as displaying discount information ambiguously or in a complex manner in the live-stream room, may negatively...
Proceedings Article

A Study of the Impact of Artificial Intelligence Such As ChatGPT on the Total Factor Productivity of Firms

Xintong Lian
Artificial Intelligence, as an important component of enterprise digital economy, is a key kinetic energy for enterprises to enhance total factor productivity and realize high-quality development. And the widespread use of the new AI ChatGPT marks a new milestone for AI. Based on the existing theories,...
Proceedings Article

The Risk and Challenges in Digital Economy

Xiqiao Wang
At the beginning of Internet commercial use, with the rapid progress of digital technologies such as big data, cloud computing, and the Internet of Things, the era of the digital economy has quietly attacked. Whether it is all aspects of production and life, the model of enterprises, and even the entire...
Proceedings Article

A Review on the Shock of Sino-US Trade Friction on Semiconductor Industry in China

based on the Perspective of Global Value Chain

Xirui Yang
With the formation of a new international division of labor which takes global value chain as its core, the high-tech industry represented by the semiconductor has gradually become the key point for countries to occupy the top of the value chain and maintain their comparative advantages. However, currently,...
Proceedings Article

Research on the Relationship Between Financial Fraud and Short-selling Risk of Listed Companies

——Taking Luckin Coffee as an Example

Xiyuan Chen
The financial fraud of listed companies is a major obstacle to the effective operation of China’s market and a key concern of academic circles. At present, the financial fraud of listed companies in China is becoming increasingly diversified, complicated and hidden, and its potential risks are becoming...
Proceedings Article

Exploring the Correlation and Interplay between the Chinese Agricultural Industry and Economic Influencing Factors: A Study Utilizing Backpropagation (BP) Neural Network and Time Series Analysis

Yangzheng Qing
Agriculture's vital role in the economy impacts food supply and consumption. This study uses the Multiple Linear Regression Model (MLR) and the Backpropagation Neural Network (MLP). MLR emphasizes fertilizer, arable land, and precipitation's roles in grain production and consumption, highlighting...
Proceedings Article

The Impact of Big Data Technology on The Speed and Contribution of Scientific and Technological Progress in Food Production

——Based on the Establishment of Big Data Bureau and Provincial Panel Data From

Yanzhu Zhu
The use of agricultural big data technology is crucial for the production of food. Based on the establishment of China's Big Data Bureau and the provincial panel data from 1949 to 2020, this paper found that the establishment of China's big data Bureau promoted the promotion and application...
Proceedings Article

Research on the Impact of Fair Value Measurement on Corporate Earnings Management

Yi Wang
Since fair value measurement is highly subjective in terms of measurement scope, method selection, and criteria, companies can manage earnings through the choice of measurement model. This paper studies the impact of fair value measurement on corporate earnings management with a sample of A-share listed...
Proceedings Article

A Study on the Relationship Between the Tea Culture and the Tea Purchase in China

Yifan Yang
Purpose The purpose of this paper is to justify the positive relationship between tea culture and tea consumption in China.Findings: the paper suggests a positive relationship between Chinese tea culture and Chinese tea consumption through theoretical analysis and empirical analysis. Implications:...
Proceedings Article

A Study of Independent Directors’ Gender, Number of Part-Time Jobs and Corporate Performance

Yijia Fu
As an important institutional arrangement in corporate governance, the independent director system is widely practiced worldwide. The research on the governance of independent directors has been one of the hotspots in the academic world, and scholars have carried out in-depth studies on the independence,...
Proceedings Article

Applications Research of Statistical Analysis in Business Management in Big Data Era

Yikun Zhang
With the continuous progress and development of science and technology, the life has been closely linked with information. Under the background of the big data era, today’s mathematical statistics methods have also changed significantly, which has brought a very important impact on enterprise management....
Proceedings Article

A study on the ReliabilityTest and Norm Establishment of the PCI Scale in the Urban Area of Lanzhou City

Yilin Cheng
This paper presents a study on the validation and norm establishment of the Parent-Child Interaction (PCI) Scale in the urban areas of Lanzhou City. Focusing on the significance of PCI for child development, this research validates the reliability and validity of the scale and establishes norms for its...
Proceedings Article

Analysis of Financial-related Industry During COVID-19 Based on the Fama-French Five Factor Model

Yin Yu
COVID-19 has had a huge impact on the global economy, and financial markets in particular have been hit hard. Based on the Fama-French five-factor model and multiple linear regression theory, this paper investigates the differences in investment directions in the U.S. banking, insurance, and trading...
Proceedings Article

Research on the Promotional Effect of the Digital Economy on Corporate Social Responsibility

Yiqi Wang
The current digital economy is developing rapidly and playing an important role in society. Corporate social responsibility-related issues have been more mature through years of development. In this article, the role of the digital economy on corporate social responsibility is studied by analyzing cases,...
Proceedings Article

A Study on Whether Amazon Should Increase Employee Pay

Yitian Song
In recent years, numerous employees complain about salaries being relatively lower compared with the past, as people’s living standards raised. The research is aimed at a company-Amazon on whether to increase workers’ wages. This study found that increasing wages can raise employees’ efficiency and productivity,...
Proceedings Article

A Study on the Correlation Between Women’s Re-Employment Problems and Economic Growth in Japan in The Context of Population Aging

Yixiao Hu
Against the backdrop of an aging population, the shortage of workers in Japan is becoming increasingly serious, and it is proposed to increase female re-employment in the current situation to ease the pressure and stimulate economic growth. Analyzing the current situation of women’s re-employment in...
Proceedings Article

Effectiveness Analysis of Capital Asset Pricing Model Based on Industry Data

Yiyi Huang
Capital asset pricing model is an economic model that has been used to study and solve asset pricing problems in financial theory in recent decades. This model has become the basic model of investment pricing because of its wide applicability and practical value. However, due to the limitations and limitations...
Proceedings Article

Impact of Income Inequality on CO2 Emissions

—Empirical Evidences from 60 Countries between 2005 and 2019

Yufei Xie
Since the 21st century, income inequality and carbon emissions have become huge challenges for countries around the world. Based on the panel data of 60 countries from 2005 to 2019 as samples, this paper analyzes the impact of income inequality on CO2 emissions using the moderating effect model. Not...
Proceedings Article

Research on Consumer Behavior in Live Broadcast of Cultural Tourism---Taking Oriental Selection Tourism Live as an Example

Yuhang Wang
This study takes Oriental Selection as a case to explore the consumer behavior in the live broadcast of cultural tourism and the characteristics behind the Oriental Selection marketing model. The study found that the anchor plays a central role in the live broadcast of the cultural tourism, which can...
Proceedings Article

Research on the Development Strategies of Chinese Cross-border E-commerce Enterprises under the Background of Economic Dual Circulation

Yujia Zhai
With the rapid development of the global economy and the rapid progress of information technology, as an emerging business model, cross-border e-commerce is rapidly emerging and changing the traditional international trade pattern. In the dual circulation pattern, cross-border e-commerce faces enormous...
Proceedings Article

The Impact of the Two-child Policy on the Regional Economy

Yunqi Fang
The implementation of the comprehensive two-child policy will have a profound impact on China's demographic structure in the long term, and will stimulate the growth of demand in related economic fields and bring vitality to economic development in the short term. In this paper, by constructing...
Proceedings Article

Analysis on the Impact of the Use of Ruble Settlement for Russian-European Energy Trade

Yuxin Xia
Nowadays, with the rapid development of the global economy, the energy issue has attracted the attention of all countries in the world. Russia, as one of the energy producing countries, has long considered European countries as the main energy trade objects, which makes energy trade a central issue in...
Proceedings Article

The Effect of RMB Exchange Rate Appreciation and Aepreciation on Export

YuXuan Li
The influence of exchange rates on global trade has long been a topic of significant interest and importance in the field of international economics. Exchange rates play a crucial role in determining the competitiveness of nations in the global marketplace, affecting the costs of imports and exports...
Proceedings Article

Analysis of Strategic Layout of “Whole Ecosystem of Human × Car × Home” of Xiaomi and Its Impact on Future Development

Yuxuan Zhao
Xiaomi announced the strategy of “Whole Ecosystem of Human × Car × Home”, and released the core system of the strategy named Xiaomi Hyper OS in October 2023.Compared with the previous system, Xiaomi Hyper OS optimizes its performance, reconstructs its subsystems, performs better than Android's native...
Proceedings Article

Exploring A New Factor Based on The Fama-French Model During COVID-19

Yuyong Sun
COVID-19 has had a huge impact on all industries in the world. Change brings risks but also opportunities. During the pandemic, the Fama-French five-factor model may not be suitable for some industries. This paper tries to explore the explanatory power of the five-factor model and introduce the influencing...
Proceedings Article

Does the Digital Transformation of Enterprises Promote Common Prosperity?

-Perspectives Based on Different Stages of Distribution

Zhijie Zhang
This study examines the relationship between corporate digital transformation and common prosperity, particularly at three different distributional stages. The results of the study show that digital transformation has a positive impact on the economic performance of companies at the stage of initial...
Proceedings Article

Impact of ESG on Supply Chain Management -- Based on International Trade

Zhixu Liu
ESG is an investment concept and corporate evaluation standard that measures the environmental, social, and governance benefits of a company from three factors: environment (E), social (S), and governance (G). Under the trend of global sustainable development, ESG has become an important dimension for...
Proceedings Article

ESG Trends and Investment Feasibility based on Real Estate Companies

Zhiyu Liang
This paper conducts a study based on the development of Chinese real estate in recent years and the initial application of ESG ratings in China. The objective is to find whether the performance of real estate companies was correlated with ESG ratings. This paper adopts a quantitative research approach,...
Proceedings Article

Analysis of the Development of Chinese Tea Trade in Five Central Asian Countries (2017–2022)

Zicheng Liang
With the continuous progress of the “Belt and Road” strategy, in recent years, tea trade between China and Five Central Asian countries has become increasingly frequent. This study attempts to explore and summarize the current situation and predicament of the Chinese tea trade in Central Asia from 2017...
Proceedings Article

Research on Investment Bank Reputation and IPO Underpricing

Zijun Wang
A large number of foreign studies have verified the reputation theory of investment banks. The IPO underwritten by well-known investment banks is lower than that underwritten by ordinary investment banks. Whether this conclusion suitable for developed countries can be suitable for China's securities...
Proceedings Article

Research on the Development Path of Apparel Start-Ups Under the New Consumption Trend

Zilala Kuerban
With the booming economy and technology, people's demand for clothing has also shown a trend of diversification and personalization, which has led to the emergence of many innovative start-ups in the market. This paper aims to provide reference and inspiration for the development of emerging clothing...
Proceedings Article

Research on the Characteristics and Factors Influencing Rural Household Registration and Migration—Based on the CGSS Data

Zixi Huang
The long-duration trend and tendency in China that people all rushed from rural areas to urban areas for better educational and income opportunities led to dramatic transformations in both areas, including but not limited to increase in general educational and income levels, improvement in social living...
Proceedings Article

Challenges and Coping Strategies of Cross-cultural Management in Chinese Enterprises in the Process of Globalization

Zixuan Wang
With the acceleration of economic globalization, more and more enterprises are choosing international development strategies as a way to cope with the many challenges and opportunities brought about by globalization.However, due to the cultural differences between different countries, multinational enterprises...
Proceedings Article

The Query on the Pre-Monitoring Obligation of Short Video Platforms

--Taking China's First Copyright Infringement Case in the Context of Algorithm Recommendation as an Example

Ziyi Liu
Algorithm recommendation brings new dilemmas for the determination of infringement of the right of communication through information network and the issue of whether the pre-monitoring obligation of short video platforms should be regulated has attracted much attention. In iQiyi v. Zijietiaodong Inc.,...
Proceedings Article

Analysis on the Management Mode of Virtual Currency under Complex Background

----Take Ethereum and Bitcoin as Examples

Ziyi Wang
The functions and models of virtual currency have evolved to meet the needs of users and consumers as Internet technology has advanced and political and economic structures in various nations have undergone ongoing change. Among them, Bitcoin and Ethereum are of considerable study importance because...