Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
185 articles
Proceedings Article
Banking Deregulation and Monetary Policy: Macroeconomic Consequence and Monetary Control
Fuyu Cao
The recent financial market volatility has focused attention on how banking deregulation may impact monetary policy. The purpose of this study is to examine the macroeconomic consequence and monetary control under deregulation environment. These are accomplished by illustrate banking and monetary policy....
Proceedings Article
Rural Ecological Modernization in China Under the Background of Rural Revitalization
Liping Zhu, Cheng Li
The construction of rural ecological modernization is an important part of the rural revitalization strategy and the modernization of national governance. Under the influence of the modernization process, various problems have appeared in the rural ecological environment. This paper expounds the significance...
Proceedings Article
The Impact of the Epidemic on Small and Medium-Sized Enterprises and Its Strategies
Jinrui Li, Haina Yang
Since 2000, 99.9% of U.S. businesses have been small businesses, providing many jobs and opportunities in the United States. But the COVID-19 pandemic has adversely affected small businesses in the United States. Influenced by the epidemic, there is a global shortage of materials, and the cost of supply...
Proceedings Article
Research on the Impact of Government Financial Deregulation on Banking M&A
Based on Case Analysis Method
Weiman Ye
The tightly regulated financial system after the 1933 banking crisis gradually eased the banking business restrictions, deposit insurance and interest rate control, driven by financial liberalization and the technological revolution. Under the joint influence of financial innovation and competitive pressure,...
Proceedings Article
The Future of Online Dispute Resolution and Intelligent Innovation
Yufei Zhang
In response to the need for efficiency in transactions in the era of digital globalization, the international commercial dispute resolution mechanism has given rise to the digital Online Dispute Resolution (ODR). It has successfully responded to the force majeure impediment exemplified by the COVID-19....
Proceedings Article
Research and Application of the Endowment Effect
Jiaxuan Zhou
To analyze the endowment effect on society and education, the applications are studied by using the comparative research method and behavioral research method and have been summarized as the applications in various fields in the paper. Early studies of the endowment effect were conducted on willingness...
Proceedings Article
Research on the Theoretical Framework of Behavioral Economics and Evaluation
Zian Luo
The so-called behavioral economics “refers to the economic theory that takes human behavior as the basic research object. It conducts regular research on the economic behavior characteristics of individuals and groups through observation and experimentation. It constructs theories based on reality, “thus...
Proceedings Article
An Ineffective Industry Between the United States and China: Transnational Transfer of Plastic Waste
Yuxin Li, Rui Sun, Hao Yue
The waste transfer is a long-standing trade between countries, especially from developed countries to developing countries. It has been facing the debate on economic benefits and environmental costs for many years. This research paper focuses on the market of waste transferring within the United States...
Proceedings Article
The Impact of Economic Nationalism on FDI in the Philippines from the Legal Perspective
Songlin Xie
Compared to other countries in the Association of Southeast Asian Nations, positive effects on Philippine economic growth and foreign direct investment (FDI) is limited recently, which might result from the policy of economic nationalism. This paper reviews related articles to investigate why the Philippines’...
Proceedings Article
Impact of Regional Integration Policy on Carbon Emission
Based on Beijing-Tianjin-Hebei Urban Agglomeration
Hanbing Ma
As the area of concern for national regional economic development, the pace of Beijing-Tianjin-Hebei synergistic development has always been at the forefront of regional integration in China. At the critical period of achieving the carbon targets, the environmental effects generated by the integration...
Proceedings Article
Design and Implementation of Machine Learning Based Multi Factor Quantitative Trading Strategy
Yu Zhang
Quantitative trading is a trading method that combines finance, mathematics, and computer science to achieve a goal. This method can help investors to filter out negative emotional influences effectively so that it is becoming more and more widely used in the Chinese stock market. Traditional quantitative...
Proceedings Article
The Impact of Integration of Environmental Protection Policy on FIRM’s Green Innovation
A Quasi-natural Experiment Based on China’s Shenzhen-Dongguan-Huizhou Economic Circle
Dawei Huang
Based on the characteristic data, green patent data, and industrial chain connection data of China’s A-share listed companies from 2006 to 2019, for the first time, we use the multi-dimensional fixed-effect difference-in-differences (DID) model to empirically examine the impact and mechanism of the integration...
Proceedings Article
The Impacts of Income Inequality on China’s Carbon Emissions: A Longitudinal Analysis
Zijia Li, Ruiyi Yang, Zhiyang Zhong
Reducing inequalities while boosting economic growth has long been a primary social policy objective for many countries. Human emissions of carbon dioxide, on the other hand, as a chief driver of global warming and other environmental issues, are becoming an increasingly important consideration for governments...
Corrigendum
Correction to: Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
Faruk Balli, Au Yong Hui Nee, Sikandar Ali Qalati
Corrigendum
Correction to: Research on Economic Inequality in Vietnam’s Urban Residents: Export-Oriented Economy, Urbanization and Corruption
Lewen Qin, Yijia Wang, Yuancheng Wang
Proceedings Article
Application and Feasibility Analysis of DCF Model in Corporate Valuation: A Case Study of Tesla, Inc.
Jiayi Pan
Although in the past two years, the COVID-19 pandemic and the resulting rise in global raw materials and labor costs have had a more serious adverse impact on the entire automotive industry, the new energy vehicle industry has shown a strong momentum of development in the past two years, with significant...
Proceedings Article
Empirical Research on Determinants of Housing Prices in Large Cities
Mingyuan Liu
This dissertation mainly analyses the determinants of housing prices in large cities. For different cities, reasons behind variations in housing prices are also distinguishable. Therefore, through both literature research and empirical analysis, 5 potential determinants of average prices of commercial...
Proceedings Article
Empirical Research of ESG Performance and Firm Performance in Chinese Real Estate Companies
Xinyu Shao
Taking the economic development and environmental protection as the starting point, the relationship between ESG performance and corporate financial performance is investigated empirically. This research analyzes the existing ESG research and puts forward the research hypotheses. In addition, ROE as...
Proceedings Article
Investigation of Asset Pricing Model on Stock Market
Jiayin Li, Ruiting Yi
And after 1980, static asset pricing models were not very stable. There are also a number of factors that make the capital-asset pricing models used less useful. Inflation, rising interest rates, and Russia’s war in Ukraine are all clear factors for stock market falls. These elements are intertwined...
Proceedings Article
Research on the Impact of COVID-19 on Global Supply Chains and Policy Responses
Xianglong Zhao
In 2020, as COVID-19 broke out in many places around the world, countries began implementing different lockdown or isolation policies. Working online from home or shutting down your business is becoming a part of life. However, in the face of the surging demand from people in all aspects, supply has...
Proceedings Article
Relationship Between the Use of Cognitive Heuristic and Customers’ Digital Shopping Behavior in China During Online Shopping Festival
Chuxin Yu
Cognitive heuristics, pioneered by two renowned psychologists Tversky and Kahneman, explains why individuals sometimes make “bad decisions”. Framing bias and anchoring and adjustment describe the situation in which individuals are influenced by both the way a description is worded and the initial valued,...
Proceedings Article
Investment Risk Analysis of Typeform Company Based on POCD Model
Sijie Jiang
This article intends to analyze the investment risk of the current hot Online survey Services industry, taking the leading enterprise Typeform as an example, and using the POCD theoretical model framework to conduct specific case analysis. In terms of personnel, Typeform has a relatively professional...
Proceedings Article
Research on the Effectiveness of Regulatory Systems in the Wake of the Financial Risis: Case of Goldman Sachs
Jiangtian Shi
In 2008, a global financial crisis broke out, leading to many companies’ collapse and the market’s disruption. The crisis began with subprime credit, and, due to the US government’s regulatory problems, the housing bubble grew until the day it exploded. The market regulatory system did not regulate financial...
Proceedings Article
The Future of Bitcoins
Yaodan Zhang
With the outbreak of the Russian-Ukrainian war, more and more Western countries have imposed sanctions on the assets of the Russian people overseas, which have triggered a crisis of confidence in the world’s currency, the dollar. At this time, the popularity of Bitcoin has also resurfaced. People are...
Proceedings Article
The Market Changes and Causes of Game Live Streaming Industry from 2019 to 2020 by Case Study of HUYA
Xiaochang Liu
It is an indisputable fact that COVID-19 has hit offline traditional industries, and whether it will bring opportunities or challenges to online industries has not been evaluated in detail. Taking HUYA as the research object, this paper analyzes the impact of COVID-19 on game live streaming. By comparing...
Proceedings Article
Does Green Finance Influence Regional Carbon Emission Intensity? Evidence from China
Mintianrui Ye
Green finance is crucial to mitigate carbon emission intensity. However, the existing researches barely consider its practical effect and the transmission mechanism. Using sample data of 30 provinces in China for the periods 2016–2019, this paper incorporates a comprehensive index system and more accurate...
Proceedings Article
Enterprise Financial Management in Modern Environment
Cheng Zeng
This paper mainly analyzes the basic concepts of financial management, the importance and necessity of financial management in business management, and on this basis, on how to strengthen the financial management of enterprises in business management and reasonably recommendations. In the face of the...
Proceedings Article
Industry Momentum Strategies in A-shares Market
Guiquan Lin
We apply industry momentum strategies to A-shares market to investigate the profitability of industry momentum in China. Setting Shenwan industry classification as a standard, we use 30 industries from 2010 to 2019 as a sample. Results suggest ranking industries based on the previous 6-month returns...
Proceedings Article
Portfolio Design for Chinese Pension Investment
Muyang Zhou
The article mainly discusses the investment of pension savings in China, which is an essential topic due to the aging problem in China. The assets in the portfolio are INTC, TXN, XLP and BRSVX, determined by the asset categories and risk diversification. To simulate the change in pension savings, exchange...
Proceedings Article
Factors Affecting Commercial Endorsement of Stars and the Game Behavior of Stars’ Data Falsification
Yi Wang
This scientific paper aims to analysis factors affecting commercial endorsement of stars, and the game between stars which is a cause of data falsification. This article will use the static game theory to construct a static game between stars, and find out the Nash equilibrium. Both choosing fraud is...
Proceedings Article
Validity Test of Hedging of Chinese Live Pigs Futures
Analysis of Variance of Portfolio Based on Optimal Hedging Ratio
Baiji Ye
In January 2021, live pig futures will be officially listed on China’s Dalian Commodity Exchange, aiming to reduce the price volatility risk of the pig industry and its related upstream and downstream enterprises. In order to examine the hog futures market since the extent of the transfer price risk...
Proceedings Article
Research on Industrial Integration and Development in Countrysides of Mountainous Areas of Northern Guangdong Under “Rural Revitalization”
Taking Heyuan as an Example
HuiJuan Ye
In the report of the 19th CPC National Congress, it was proposed to implement the strategy of rural revitalization. That is, to adhere to the priority development of agriculture and rural areas, and to accelerate the modernization of agriculture and rural areas. The integrated development of primary,...
Proceedings Article
Impact of Registration System Reform on IPO Pricing Efficiency in China’s Capital Market
Based on Stochastic Frontier Analysis
Jiayi Lyu
Since 2019, China’s registration-based reform has continuously advanced, leading to a more market-oriented approach to IPO pricing. However, there is little agreement on whether IPO pricing efficiency has improved. As a result, this research compiles IPO data from 354 businesses listed in the GEM and...
Proceedings Article
Founder Evaluation from VCs’ Perspective: Emphasizing Grit and Moderate Optimism and Gauging Them Scientifically
Shimeng Wang
The element “people” has become increasingly essential among the criteria VCs evaluate before making an investment decision. Nevertheless, aside from the readily available information such as educational background and prior entrepreneurial or professional experience, some characteristics of founders...
Proceedings Article
The Impact of Infrastructure, Digital Production, E-Commerce, and Virtual Economy on Digital Economy Construction in China
Jilin Song
With the continuous expansion of the coverage of the global digital economy industry, the application of digital technology is promoting the changes in the production methods and development modes of the real economy. New challenges in the transformation of the world economy. However, it is currently...
Proceedings Article
Evaluation on the Socio-economic Development and Eco-environmental Protection in Chengdu
Chunxu Hao, Yuanhao Zhao, Chen Peng, Rui Hu, Yingnan Shang, Zhanfeng Dong, Chazhong Ge
Green development and green lifestyles are necessary for the implementation of the new development concept. Acting on the principles of prioritizing resource conservation and environmental protection and letting nature restore itself, we should develop spatial layouts, industrial structures, and ways...
Proceedings Article
Investment Analysis of Pylon Technologies
Application of SWOT and PEST Methods
Zuxin He
This paper focuses on the investment analysis of a listed technology company in China—Pylon Technologies. The company is one of the earliest domestic manufacturers to enter the energy storage industry field, mainly focusing on lithium battery energy storage technology and the overseas household energy...
Proceedings Article
Research on the Investment Banking Transformation in the Post-epidemic Era
Mengxi Zhou
The epidemic of COVID-19 breaking out led to devastating effects to economy in the word in 2019 except investment bank. This paper researches the reasons why profit of investment banks will drop off after epidemic and the importance of this research is to help investment banks find sustainable growth...
Proceedings Article
Skyrocketing Housing Price in Hong Kong: Stimulus and Future Directions for Development
Yaru Liu
The skyrocketing housing price is a considerable urban issue in Hong Kong, China, which not only is the crucial reason for the social conflicts but also is a vital factor for enlarging the wealth gap and gentrification. However, the Hong Kong Government has failed to effectively address the problem of...
Proceedings Article
How a Low-Carbon Economy Affects Decision-Making and Profit Development in Large Corporations: Case Studies for Unilever and Maersk
Zhixian Su, Yitian Wang, Xinyi Zhao
In the context of global warming, the “low-carbon economy” based on low energy usance and low pollution has become a global debating issue. Developed countries from Europe and the United States boost the “low-carbon revolution” in a vigorous manner with high energy efficiency and low emission as the...
Proceedings Article
Intelligent Technology, COVID-19 and Corporate Innovation
Based on Case Study and Empirical Study
Junhao Xu, Junlin Zhou
The study focus on whether the digital economy impacts the effect of epidemic on the enterprises’ innovation performance. We raised the question of innovation at the micro level. In today’s pandemic, it is essential to give innovators some experience and ideas at the micro level. So our answer to this...
Proceedings Article
The Impact of COVID-19 on Toyota Group Automotive Division and Countermeasures
Jinling Tang, Yunzai Wang, Chenyu Zhao
The new coronavirus outbreak has affected production and sales in the automotive industry. The impact on the production and transport of parts has led to ever-lengthening vehicle production lead times, and with rising international oil prices, the automotive industry is experiencing enormous pressure....
Proceedings Article
Analysis on the Benefits and Reasons Why Short Sale Should Not Be Prohibited
Yingqing Xiong
Many enterprises, especially those in China, lack systematic knowledge and understanding of the shorting mechanism. In China's A-share market, due to the long-term lack of short-selling mechanism and the habit of traditional ways of thinking which is largely limited to long-selling, most of these...
Proceedings Article
The Influence of Spring Festival on Chinese Gasoline Price
Zhaoyu Li
The highly uncertain nature of the globalised and diversified oil market has resulted in complex and volatile oil prices, which have attracted widespread international attention. In the author’s previous research, the changes in petrol prices before and after Chinese New Year in the Chinese community...
Proceedings Article
Understanding the Role of Environmental Concern in Green-Product Purchase Intention
Investigating Perceived Policy Effectiveness in the Theory of Planned Behaviour
Sheng Yang Ye
Environmental problems have gradually become a hot-button issue that cannot be ignored. Green products are receiving widespread attention due to their environmental benefits and contributions to a green economy. However, earlier studies have not thoroughly considered the role of environmental concern...
Proceedings Article
Difficulties and Paths of Migrant Workers Returning Home Businesses Under the Background of Rural Revitalization
Liping Zhu, Jiani Zhao
Migrant workers returning home businesses has solved the livelihood problems of some migrant workers, and played a significant role in rural development, reducing the obstacles of the urban-rural dual system and mechanism, and realizing rural revitalization. However, migrant workers still face many difficulties...
Proceedings Article
Disneyland Paris: A Case Study of Glocalization Operational Strategies
Ruiting Chen
Cross-cultural management has always been a popular topic in the business world, and even the cultural giant Disney has to include glocalization in its strategies to remain competitive when it comes to international markets. Glocalization is a combination of the universal and the specific, and it is...
Proceedings Article
The Investable Value Analysis and Industry Prospect of SVOLT Energy Technology Co., LTD
Ketong Chen, Meilin Chen, Xianjiang Fan, Dan J. R. Yao
In this ever-changing business battlefield, thousands of start-ups face huge risks and opportunities at the same time. Therefore, how to objectively evaluate the development status and investment value of start-up companies is a required process for every investor, which will help them earn more profits...
Proceedings Article
Light Pollution: Economic Valuation Methods and a Market Solution
Jun Su
Light pollution has not been a significant problem until the 1980s. This paper reviews literature focused on light pollution both from economic and technological perspectives. Prior studies mainly investigated the diverse impacts of light pollution on human health, ecosystem, energy loss and night sky...
Proceedings Article
Evaluation of Luzhou Laojiao Co., Ltd.'s Operating Capabltes from 2018 to 2020
Shuying Feng
This paper evaluates the operating capacity of Luzhou Laojiao Co., Ltd. From 2018 to 2020. Primary and secondary data will be used to analyze the company's operational capabilities. Secondary data mainly come from the company's annual report and official website information, while the original...
Proceedings Article
Freight Railroad Corporations: Basics and Analysis of Sample Stocks
Zhichen Lou
This paper chose to focus on the industry of freight railroad corporations in the United States because of their particular relevance in the age of online shopping and their steady performance during & after the pandemic. This paper introduces the basics of the United States freight railroad and...
Proceedings Article
The Effect of School District and Real Estate Policy on Second-Hand Housing Prices in Beijing Based on DID Model
Muzhen Li, Shuyu Lin
Beijing is one of the major cities in China with soaring housing prices in the past decade, and speculators making price differences from real estate transactions have boosted prices of new house and second-hand homes in Beijing, so that most people with real housing demand cannot afford to own a house....
Proceedings Article
The Research on the Effects of Bank Leverage and Capital Regulation
Jingyi Peng
Since the 2008 financial crisis, regulation of the financial sector has been strengthened, including the establishment of strict standards for leverage regulation. At present, the global regulatory policy is gradually improved and developed under the Basel III framework. Basel III establishes a combination...
Proceedings Article
The Promoting Effect of E-commerce Live Streaming on Import Cross-Border E-commerce
Qian Li, Zhijun Zhou, Kai Xia
The popularity of e-commerce live streaming has gradually spread to the field of import cross-border e-commerce. In the future, with the further expansion of import cross-border e-commerce scale, the competition of import cross-border e-commerce live streaming will be more intense. Combined with the...
Proceedings Article
Financial Risks Under the Asset-light Operation Mode of Real Estate Enterprises—Taking Vanke Group as an Example
Zichao Lin, Zihao Han
The real estate market has boomed in recent years, and real estate companies seek profits by hoarding land and building properties through an asset-heavy model. However, with the emergence of national macro-control policies such as “housing is for living in, not for speculation” and “price limit order”,...
Proceedings Article
The Impact of Conversion to Bank Holding Company During the Financial Crisis
Case of Morgan Stanley and Goldman Sachs
Jingru Li, Yuhan Liu, Xiaoran Yang
The main purpose of this study is to identify the risk capital banks hold during the financial crisis. Through the comparative analysis above, becoming a bank holding company during a financial crisis has its advantages and disadvantages, but the benefits go beyond that, including more capital, deposits...
Proceedings Article
BMW Addresses Business and Financial Implications for Long-Term Sustainable Growth Based on a Competitive Value Approach
Zhiyuan Liu
This paper discusses the business and financial analysis of BMW, a German automotive multinational that has made a name for itself in the elite luxury vehicle and motorbike segments. The research focuses on approaches employed by the firm for competitive value in order to establish lengthy sustainable...
Proceedings Article
Research on the Impact of Pandemic on U.S. Wholesale and Retail Industries Based on Fama-French Five Factor Model
Mengqi Qiao
The COVID-19 pandemic is wreaking havoc on the global economy and people’s lives, especially in the wholesale and retail sectors, which are closely related to people’s basic needs. This paper will discuss the impact and changes of COVID-19 on wholesale and retail industry based on the Fama-French five-factor...
Proceedings Article
Development and Model Construction of Home Long-Term Care Insurance
Ying Xi
In today’s society, with the background of aging problem, while the old-age dependency ratio has been growing constantly, the demand for LTC is accordingly increasing gradually. This paper discusses the development of family joint LTC (Long-term care) insurance and constructs a state transition matrix...
Proceedings Article
Influence Factors and Motivation of Women Entrepreneurs in Greater Bay Area
Xiaozhen Huang
This paper sorted out the influence factors from three-level environment (macro-level, meso-level, and micro-level) that have impact on women entrepreneurs’ motivation to go into entrepreneurship. Questionnaire survey was used to study women entrepreneurs in the Greater Bay Area about their motivations...
Proceedings Article
Research on the Public Behaviour Under the Impact of Enterprises Pollution Based on the Game Theory
Yutong Liu
With the rapid progress of science and technology, environmental problems are becoming increasingly prominent of human. Environmental issues have become a common challenge facing the international community. It is also one of key topics of current research. The author establishes a game model to analyse...
Proceedings Article
Possible Factors Affecting Companies’ Capital Structure
Kaiyi Bao
The capital structure shows the composition of a public corporation. The decision to change a company’s capital structure made by managers is not only a method of increasing the profitability of the firm but also the prediction of the future development of the market. Thus, some of the most common ways...
Proceedings Article
Exploring Detriments of China IPO Underpricing: An Empirical Evidence from A-share IPO
Yixin Chen
As an important method for the financing purpose of listed companies, an initial public offering (IPO) is a vital connection between companies and investors and is also the necessary foundation for the development of financial markets. However, since the 1970s, IPOs are observed consistently being underpriced...
Proceedings Article
A Stock Price Foresting Using LSTM Based on Attention Mechanism
Xiaofei Wu
Stock price prediction has been a hit subject in recent decades. Many researchers find different methods to predict stock price. LSTM is an excellent variant model of RNN, but single LSTM can only process a single form of data and lacks the ability to process multiple mixed forms of data. Considering...
Proceedings Article
Climate Change’s Effect on Sea-Level Rise on Tourism from an Economic and Environmental Perspective
Yan Zhang
Under the globally rising temperature circumstance, the dramatic change in the weather caused a different level of rising in the world’s sea level. This study examines the different impacts of climate change on the domestic country’s weather, geomorphic features, population, economic behavior, and damage...
Proceedings Article
A Literature Review of Corporate Innovation: Influencing Factors
Mai Zhang
In recent years, academic scholars in financial economics have paid close attention to corporate innovation, which has become an increasingly relevant topic. The goal of this study is to provide a synthesized and evaluated monograph of scholarly publications that look at the elements that drive business...
Proceedings Article
SWOT Analysis and Strategic Choice of Alibaba Group’s Acquisition of Lazada
Joey Zhu
Globalization has fueled the development of the Internet, thus enabling the rapid development of e-commerce industry. As an emerging industry, its development has greatly changed the way people consume and brought convenience to trade. At the beginning of the 21st century, transnational mergers and acquisitions...
Proceedings Article
Exploration of the Problems of Virtual Currency and Potential Solutions
Rui Tang, Rui Wang, Rongjie Zou
In recent years, virtual currency has become an international hot topic. At the same time, virtual currency also ushered in unprecedented development. How to effectively regulate virtual currency becomes a problem worth discussing. This paper first analyses the development of virtual currency with Bitcoin...
Proceedings Article
Asset Allocation and the Optimization Portfolio Choice for the Retired Firefighter
Anbo Wang
Asset allocation and portfolio management have become quite important as the fast development of the global finance and the tremendous improvement of people’s life. This paper aims at helping the retired firefighter employ his pension to allocate the assets and find the optimization of the portfolio....
Proceedings Article
Analysis of the Recent Development of the Ready-made Tea Industry in China Based on the Innovation of HEYTEA
Zihui Zhang
With the rapid development of the modern economy and society, the ready-made tea industry has shown great development potential, but the competition in the industry is particularly fierce. The purpose of this paper is to analyze the external environment of the industry through the PEST model, and use...
Proceedings Article
Forecast of Stock Price
Zizhan Jiang
The stock market is an important part of the financial market. The stock price prediction based on the model has very important practical significance for individuals and enterprises. So this paper uses regression models to fit past stock prices and forecast their future volume. This paper uses the polynomial...
Proceedings Article
The Relationship Between Western Agricultural Science and Technology Reform and Economy
Jinming Zhang
With the growth of the world population, the problem of agricultural food is becoming more and more serious. However, with the change and development of the times, agricultural science and technology plays a more and more important role in grain planting, cultivation and detection. Taking the agricultural...
Proceedings Article
Theoretical Perspective of Behavioral Economics: The Research on the Internal Mechanism and Consumer Behavior of Blind-Box Economy
Lin Mi
Blind box refers to a toy box in which consumers cannot know the specific product style in advance, and has random properties. In recent years, the development of China’s blind box market has entered a peak period, and the consumption of blind boxes is very hot both among celebrities and ordinary youngsters....
Proceedings Article
The Review of Online Shopping Trend During and After the Covid-19 Pandemic
Ziyuan Feng
Covid-19 pandemic has strictly affected the real economy, with the strategy of lockdown. Most people turn to online shopping during the lockdown, which largely developed the digital economy. This essay reviews papers about consumers’ online shopping behaviors during and after the pandemic in different...
Proceedings Article
China-ASEAN Economic and Trade Cooperation Under the Global Change
Hui Liu, Mingsong Sun
China is facing a relatively harsh international economic and trade environment. Therefore, becoming an important trading partner with ASEAN has become an effective way to improve the international economic environment and promote the sustainable development of the domestic economy. This paper mainly...
Proceedings Article
Big Data Application Strategy in the Field of Land Spatial Planning
Pengcheng Qiu
At present, China has fully entered the 14th five year development period. Among them, the 14th Five Year Plan period will continue to deepen reform and further improve the land spatial planning system of all provinces in China, in order to create a scientific, comfortable and green urban and rural spatial...
Proceedings Article
Feasibility Study of LEGO as a New Type of Investment
Lingfeng Fan
This research investigates whether LEGO sets are a good investment. Through tracking the offering and trading prices of 838 LEGO sets in eight series over the past 22 years, we evaluated the investment return of LEGO sets based on the HPR and APR theories. Compared to other traditional financial products,...
Proceedings Article
Family Debt and High-Quality Economic Development
Ning Sun
The central government has pointed out that China’s economic growth is shifting from a high-speed growth to a high-quality development stage. In the past, China’s household sector had low participation per capita in the credit market and the housing market bubble boosted housing credit. However, the...
Proceedings Article
Research on the Impact of Financial Development on Carbon Emissions: Does Industrial Structure Upgrading Matter?
Shun-Ho Chu, Yichi Zhang, Yue Pan, Baoke Fan, Ruohan Wang, Jiameng Gu
The purpose of the study tries to investigate the impact of financial development on carbon emissions. In addition, the study also examines the mediating effect of industrial structure upgrading on the relationship between financial development and carbon emissions. Using annual data of 283 cities in...
Proceedings Article
Comparison Analysis of ARIMA and Machine Learning Methods for Predicting Trend of US Semiconductor Stocks
Mingtao Jia, Haichen Xu, Sicong Zhang
The stock price trend prediction has some challenges for the investors because there are many unknown risks and great variation in the stock market. Some researchers have studied how to give the prediction of the stock price trend with high accuracy. However, the systematic analysis of the comparisons...
Proceedings Article
Evaluation and Analysis of an LSTM and GRU Based Stock Investment Strategy
Zili Lin, Fangyuan Tian, Weiqian Zhang
Confronted with an extremely complicated and volatile external environment, it is such a tremendous challenge for researchers and investors to predict the stock market prices. To address the challenge, this paper proposes three steps for stock investment. The stock selection is based on a special ratio...
Proceedings Article
Research on Technological Innovation Strategy of Technology-Based Enterprises in Guangdong-Hong Kong-Macao Greater Bay Area
Lisheng Luo, Tao Li, Chengrui Wu
At present, with the rapid development of science and technology in China, “Made in China” is moving toward “Made in China”. Under the background of 5G era, the rapid rise of high-tech enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area has further accelerated the development process of “Made...
Proceedings Article
Study on Adaptive Evaluation of Power Grid Investment
Zhiyong Yu, Yan Zhang, Ya Zuo, Xiangping Li, Jiayu Bian
Power grid investment is not only the key to driving regional economy and promoting regional balanced development, but also the important content of maintaining and increasing value of enterprises. This paper focuses on the adaptability of power grid investment, and selects AHP, entropy method and TOPSIS...
Proceedings Article
Transformation of Vietnam’s Economic Diplomacy Strategy Towards China (2013–2020): Based on the Data of Bilateral Trade
Xiongfu Xiao
Based on the data of bilateral trade, this paper examines the transformation of Vietnam’s economic diplomacy strategy towards China and its reasons. Through the comparison of data of bilaterial trade in different duration and the model of factor endowment, This paper establishes the data model of the...
Proceedings Article
Is Faster Necessarily Better? – The Impacts of Faster Domestic Delivery Systems on the Economy in the Contexts of Online Consumption
Shuaiying Li, Gavin Kader
On the rise of online shopping, advanced delivery system makes life easier. This paper aims to investigate the positive and negative outcomes associated with faster delivery systems. Overall, this study considers faster delivery integral to a growing domestic economy. However, it should not be overlooked...