Proceedings of the 4th International Conference on Economic Development and Business Culture (ICEDBC 2024)

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41 articles
Proceedings Article

Peer-Review Statements

Zhikai Wang, Guijie Zhang, R. Ganesan, Abdul Hadi Zulkafli, Teh Sin Yin
All of the articles in this proceedings volume have been presented at the 4th International Conference on Economic Development and Business Culture (ICEDBC 2024) during June 21-23, 2024 in Dalian, China. These articles have been peer reviewed by the members of the Scientific Committees and reviewers...
Proceedings Article

How Hong Kong Became an International Financial Centre

Haoran Jin
This paper studies the history of Hong Kong becoming an international financial center, analyzes its development status, history and advantages and disadvantages of becoming a global financial center. The study found that the development of Hong Kong’s financial markets is influenced by factors such...
Proceedings Article

Financial Derivatives Portfolio Analysis Based on Risk Management

Hui Luo
Financial derivatives are important financial instruments in the new era, so they are widely used in the investment portfolio, not only to reasonably manage risks, but also conducive to financial investment to achieve the goal of income optimization. However, under the influence of current market fluctuations,...
Proceedings Article

Smart City Pilots and “Smart” Enterprise Behaviors

Muxuan Zhang
This essay examines the influence of the digital economy on company tax dodging behavior using the national intelligent city pilot project as a quasi-natural experiment. This study employs a difference-in-difference approach and concludes that the digital economy encourages companies to engage in tax...
Proceedings Article

Research on the Influence of Social Media Public Opinion Communication on Tourism Destinations: A Case Study of Harbin

Yaxin Luo
Since December 18, 2023, Harbin tourism has rapidly gained popularity, becoming a phenomenon of online “tourism going viral.” This paper delves into the field of public opinion communication and meme theory, and deeply analyzes how social media public opinion communication has led to the phenomenon of...
Proceedings Article

Science and Technology Innovation Board IPO R & D Whitewashing and R & D Investment

Ruixi Chen, Jia Heng, Shichao Liu
Science and Technology Innovation Board registration system brings opportunities for many scientific innovation enterprises which are not profitable at this stage but have good growth. However, in order to achieve the purpose of using policy dividends after listing, some IPO companies have carried out...
Proceedings Article

The Future Development Path of Zhoushan’s Tourism Economy

Dehang Zhu
This paper first reviews the history and current situation of tourism development in Zhoushan, and analyzes the challenges and opportunities it faces. Subsequently, this paper discusses the strategic positioning and development direction of Zhoushan in the development of tourism economy, and puts forward...
Proceedings Article

Digital Marketing System Construction for New Retail Models Under the New Situation

Jiaxin Liu, Zijing Guo, Dun Lin, Rundong Yao
The post-epidemic era is the background for the development of new retail brands, and it is necessary to create a series of digital marketing systems that can be adapted to new situations to help new retail brands modernize and transform. In the post-epidemic era, people’s life habits have undergone...
Proceedings Article

The Impact of Luxury-based Art Exhibitions on Artworks - A Negative Impact that Cannot be Ignored

Jingruo Liang
The cross-border integration of luxury and art is not only reflected in the co-operation between brands and contemporary art, which enhances the cultural and historical value of brands through various forms of artistic expression, but also in the ways of displaying luxury goods, which continue to absorb...
Proceedings Article

Exploring the Compensation Mechanisms for Land Acquisition in China Based on the Experiences of Hangzhou Xihu District and Guangzhou Nansha District’s “Residential Property Resettlement Compensation” Policies

Wu Yixuan
Residential land resettlement is a compensatory policy introduced in the process of urbanisation in China to ensure that landless peasants can obtain long-term livelihood security, and it is an important measure to maintain social stability and development[1]. In terms of the whole country, Hangzhou...
Proceedings Article

Understanding Global Unemployment Patterns: A 1991-2021 Regional Analysis

Tianyu Xia
As one of the most important macroeconomic factors, the unemployment rate has played a significant role in individuals’ decision-making and policy-making processes. This paper primarily analyzes unemployment rates and is dedicated to unveiling the connections between regions, years, and unemployment...
Proceedings Article

Big Data Analytics in Marketing

Sixu Chen
The field of marketing is undergoing a revolution with the development of big data technologies. The article provides an in-depth analysis of how big data analytics is revolutionizing marketing, especially in terms of shortening market research time, accurate market segmentation, personalized marketing...
Proceedings Article

Research on Tourist Satisfaction and Improvement Measures of Wuzhizhou Island Based on Data Mining

Ting Lin, Qiumi Chen, Ling Wang, Mengyao Chen
As the main service subjects in the tourism industry, the deviation between tourist expectations and the experiential value will directly affect the development of tourist destinations. By using the LDA topic analysis method, 10 tourist attention topics were extracted from tourist comments on Wuzhizhou...
Proceedings Article

Cultural Contexts and Leadership Styles: A Qualitative Study of Their Impact on Productivity in China and the United Kingdom

Yankan Yu
This qualitative study investigates the intricate interplay between leadership styles and cultural contexts and their profound influence on productivity, focusing on China and the United Kingdom. The research explores diverse leadership approaches, values, and management strategies in these nations,...
Proceedings Article

Small and Medium-sized Foreign Trade Enterprises Transition Independent Station Dilemma and Solution Strategy

Chen Yang
With the rapid development of China’s international trade, Amazon platform product competition is becoming more and more intense, with the subsequent violation of brand fines, account blocking, shop closure, and other frequent events, resulting in the occupation of the market position of some enterprises,...
Proceedings Article

A Research of the Location Choice of Foreign Direct Investment

Yimeng Sun
The scale of China’s outward foreign direct investment (OFDI) has been increasing in recent years, and OFDI has become an important way for China to participate in the world economy. In this paper, we use the data from 2007 to 2015 to analyze in detail the problems of China’s outward foreign direct investment...
Proceedings Article

Study on Buying Intention of Organic Vegetables under Perceived Risk

Yunxia Chang
In recent years, the issue of vegetable quality and safety has become the focus of our government and people. In March 2012, the Ministry of Agriculture proposed to further strengthen the quality and safety supervision of agricultural products and improve the level of food safety. With the steady growth...
Proceedings Article

Culture Cast Soul, Tourism Shape, Cross-border Integration, Concentric Development

--Strategic Thinking on the Integrated Development of High-quality Cultural and Tourism Around the Bohai Rim

Huiming Zhu
This paper aims to deeply discuss the path and strategy of the integrated development of high-quality culture and tourism in the Bohai Rim region. Through the comprehensive combing of the cultural and tourism resources in the region, combined with the successful cases at home and abroad, specific development...
Proceedings Article

Progress of Tourism in Pakistan under the Belt and Road Initiative (BRI)

Nighat Firdous, Lai Bin
This research aims to explore Pakistan’s tourism potential under the belt and Road I. After the launch of CPEC, cooperation between Pakistan and China has increased in range of areas including the tourism sector. This research focuses on Balochistan’s tourism sector under the CPEC. Topographically, Balochistan...
Proceedings Article

Suggestions of Zuoling Ancient City Brand Marketing Based on Consumer Satisfaction Survey

Yuanyuan Shi
Based on the fact that the consumer demand in China’s domestic tourism industry has undergone a major shift after the new crown epidemic, this paper proposes strategic suggestions for brand marketing of China’s historical and cultural cities based on the consumer demand survey of Zuoling Ancient City....
Proceedings Article

The Causes, Effects and Legacies of the Great Migration in the United States: Review and Reflection

Sangning Chen
The Great Migration, an unprecedented demographic shift that occurred roughly from the 1910s to the 1970s, involved the relocation of approximately six million African Americans from the Southern United States to the Northern, Midwestern, and Western regions of the country, making it one of the most...
Proceedings Article

The Digital Economy Drives the Improvement of Regional Innovation Capacity

--Intermediary Test Based on “Three-stage” Knowledge Flow

Xiaoli Qi, Chen Yang
Innovation is the core driving force for high-quality economic development. In the new era, it is necessary to seize development opportunities, continuously improve regional innovation capabilities, and promote development through innovation. At present, the rapid development of digital economy in various...
Proceedings Article

Financial Fraud Prediction in Chinese Growth Enterprise Board Listed Companies

--Based on the Machine Learning Experience of GWO+XGBoost

Xi Chen
In recent years, there have been frequent incidents of financial fraud in China’s A-share GEM-listed companies. In order to effectively detect instances of financial fraud, this study focuses on 980 listed companies in China’s Growth Enterprise Market (GEM) and utilizes the GWO+XGBoost algorithm to develop...
Proceedings Article

Analysis of the Characteristic Transformation and Innovative Development of Street Stall Economy

--Take Chaoshan Area Jieyang City as an Example

Simeng Li, Yajing Wu, Rongyu Shi
In the context of globalization, the street stall economy not only promotes economic growth, but also is the stage of cultural inheritance. This paper takes Jieyang City in Chaoshan area as the research object, and deeply discusses the characteristic transformation and innovative development of the combination...
Proceedings Article

The Risk Spillover Relationship Between Major Agricultural Commodities in China and the US

Zhibo Fan
As economic globalization continues to deepen, fluctuations in international commodity prices have had significant impacts on economies worldwide. As China, the major importer of commodities, is particularly noteworthy in terms of the risk spillover between its agricultural prices and international commodity...
Proceedings Article

Strategic Analysis of Content Production for Broadcast Programs in a Multi-Platform Environment

Hao Zhang
In the multifaceted broadcasting environment shaped by rapid advancements in information technology and the widespread adoption of multimedia platforms, the broadcast industry encounters unprecedented challenges and opportunities. This research focuses on analyzing and evaluating various content production...
Proceedings Article

The Research on the Cultivation Mechanism of Young Talents in Power Grid Enterprise in the New Era

Yunfei Xu
Based on the multiple complex situation requirements for young talents cultivating in the new era, this study analyzes the policy requirements for strengthening young scientific and technological talents and young skilled talents, combs the group characteristics of young talents in power grid enterprise,...
Proceedings Article

Typical Practice of Building Scientific and Technological Talent Team in Power Grid Enterprises

Yunfei Xu, Yan Chang
With the energy transformation, the development and reform of the power industry, and the deepening reform of the economic system, the traditional talent management and training methods in the power industry need to be changed urgently. By combing and summarizing the practical exploration and typical...
Proceedings Article

Research on Talent Team Construction of Power Grid Enterprises Oriented to New Power System Construction

Yunfei Xu, Hualei Zhang, Jian Zhao
This study starts with combing and analyzing the internal and external situation faced by the construction of talent highland in power grid enterprises, further clarifies the policy context and requirements, and clarifies the new situation and new challenges for power grid enterprises to strengthen the...
Proceedings Article

Analysis and Modeling of Influential Factors Based on Consumer Ambivalence Attitude Theory

--Take Beijing Prepared Foods Market as an Example

Xiaoyan Guo, Zilei Bao, Heda Zhang
Based on ambivalence theory, this paper proposes a model of five types of factors affecting the ambivalence of consumers of prepared foods, surveys and collects questionnaires from the Beijing population, and at the same time applies the innovative and optimized ambivalence objective measurement formula...
Proceedings Article

Symbols, Aesthetics, and Circles: A Cultural and Economic Study of the Purple Clay Industry

Zheyuan Hu
Yixing Purple Clay, as a representative of traditional Chinese handicrafts, have a long history. In recent years, with the rapid development of the Chinese economy, the Yixing Purple Clay industry has encountered new growth opportunities. Yixing Purple Clay teapots are favored not only for their health...
Proceedings Article

An Empirical Study of the Market Impact of the COVID-19 on the US Agricultural Sector

Zitong Jiao
The diagnosis of the first case of a novel coronavirus in the United States on January 21, 2020, caused considerable volatility in the This paper collects a large amount of data and conducts regression analysis to examine the extent of the impact on industry market returns through a five-factor Fama-French...
Proceedings Article

Forecasting Financial Performance: A Comparative Study of Machine Learning Models in Accounting

Ze Tang
This paper explores the application of different machine learning models in financial performance prediction and makes a comparative study. Machine learning models play an important role in financial performance prediction, and the commonly used models include linear regression, decision tree, random...
Proceedings Article

When the Media Focuses on Environmental, Social, and Governance: Does Media Mood Affect Its Quality?

Yanan Zhao, Wei Zhao
This study examines the impact of media mood on corporate ESG disclosure by analyzing a sample of A-share listed companies from 2021 to 2023. The research findings demonstrate that the quality of corporate ESG disclosure varies in response to changes in media mood and further reveal that media mood positively...
Proceedings Article

Analysis of Factors Affecting Total Factor Productivity in the Marine Economy

Yiling Gong, Shixuan Zhang, Yingcong Zheng, Jing Chang
In the new era of building a strong marine country, China is focusing on promoting the high-quality development of the marine economy and continuously optimizing the spatial layout of marine economic development. This paper studies the influencing factors of total factor productivity in the marine economy,...
Proceedings Article

Research on the Dynamic Relationship Between the Investment of Agricultural Science and Technology Resource and the Growth of Agricultural Economy in Liaoning Province

Huihui Liu, Huiping Dai
With the arrival of the era of big data and artificial intelligence, as one of the important agricultural provinces in China, some problems are still faced by Liaoning Province, such as low allocation efficiency and insufficient input motivation of agricultural science and technology resource (ASTR),...
Proceedings Article

An Analytical Study on the Impact of Trade Liberalization on the Economic Development

Hualei Chen, Shuilan Wang, Yixian Lin, Yuzhe Jing, Yuxiu Wei, Zijie Pan
This research delves into the influence of trade liberalization on the economic progression within a sample of five economies emerging in the market, spanning. Using panel estimation strategies, the study validates a sustained connection among trade liberalization, economic advancement, financial evolution,...
Proceedings Article

Fintech and Excess Commercial Credit Supply

-- A Credit-Based Perspective

Qian Wang
Commercial credit supply mainly includes the operational attribute part of normal business operation and the financial attribute part of providing financial services to upstream and downstream small and medium-sized enterprises (SMEs), and the focus of this paper is on the excess commercial credit supply...
Proceedings Article

A Comparative Analysis of Modeling Paradigms and Techniques in Sequential Recommendation

Yuxiang Jia
The evolution of sequential recommendation systems is marked by significant advancements, particularly in capturing user preferences from sequential data. Transformer-based models, despite their success, grapple with efficiency in processing long sequences. This study conducts a thorough comparative...
Proceedings Article

Tourism Economy in Lingshi County: A Dual Mode of Coal Culture and Ancient Architectural Heritage

Xinyun Zhang
In the present work, an in-depth analysis is performed to study the economic development trajectory of Lingshi County in Jinzhong City, Shanxi Province, aiming to uncover a sustainable tourism development mode that can serve as a reference for the transformation and upgrading of resource-based areas....
Proceedings Article

The Influence of the TikTok Live Stream on Consumers’ Willingness of Buying Jewelry Products in China Based on SOR Model

Lian Chen, Jingwen Wang
Since the web livestream flourished in China in 2016, it has impacted the Internet vertical field and is rapidly integrated with various industries. The e-commerce platform has also evolved from the traditional graphic website into the platform with function of live streaming in mobile e-commerce network,...