Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
Session: Socio-economic Governance and Sustainable Development
33 articles
Proceedings Article
The Impact of Local Government Competition on the Vulnerability of Science-Finance Coupling
Yanbo Xiong
This article uses the entropy method to construct a comprehensive evaluation index for the vulnerability of the provincial-level technology finance coupling system in China from 2008 to 2021. On this basis, the fixed effects model and spatial Durbin model were used to empirically analyze the local effects...
Proceedings Article
Analysis of the Sustainable Development Path and Influencing Factors of Social Entrepreneurial Enterprises
Weixuan Yu
This paper aims to explore the path selection and influencing factors faced by social entrepreneurial enterprises in the process of realizing sustainable development. As an emerging force to promote social progress and solve social problems, the sustainable development of social entrepreneurial enterprises...
Proceedings Article
The Fluctuation of International Crude Oil Prices, Uncertainty in Global Economic Policies and Uncertainty in China’s Foreign Trade Policies
Xingjian Yao
Crude oil is a crucial resource for industries, and its price fluctuations directly impact the global economy and international trade, drawing significant international attention. This study, based on the TVP-VAR model, employs impulse response analysis and variance decomposition to dynamically capture...
Proceedings Article
The Role of ESG Ratings in Shaping Chinese Commercial Banks’ Performance: Empirical Evidence
Honglin Wang
With the growing global emphasis on sustainable development and social responsibility, environmental, social and governance (ESG) ratings have emerged as critical metrics for evaluating commercial banks’ operating performance. This study uses panel data spanning 2009 to 2022 from large state-owned and...
Proceedings Article
Vulnerability assessment of Chinese traditional manufacturing enterprises based on PSR model
Shuhan Cao
The more vulnerable an enterprise is, the more likely it is to face a development crisis. This paper, using the PSR framework, designs a “pressure-state-response” vulnerability assessment index system for traditional manufacturing enterprises and analyzes data from 2016 to 2023. Key findings include:...
Proceedings Article
An Analysis of the Predictive Ability of ARIMA-GARCH Models on the S&P 500 Index During the 2008 Financial Crisis and the 2020 COVID-19 Pandemic
Kexin Jin
With the increasing volatility of global financial markets, effectively predicting market trends and managing potential risks has become an important issue in financial risk management and investment decisions. This paper evaluates the forecasting ability of the ARIMA-GARCH model for the logarithmic...
Proceedings Article
Research on the Development and Governance of the Street-stall Economy Driven by Folk Culture
- Taking Xiangyuan County in Southeastern Shanxi Province as An Example
Wenyuan Li
Followed the acceleration of urban economic growth and urbanization in southeastern Shanxi, street-stall economy has been rapidly expanding in terms of scale. However, a single economic factor cannot fully explain the development of street-stall economy, thus making a new path for street-stall economy...
Proceedings Article
The Impact Path and Analysis of Financial Services on the Development of the Real Economy from the Perspective of Global Value Chain
Lihao Shen
This article explores the impact of financial services on the high-quality development of the real economy from the perspective of the global value chain. It points out that in the context of global economic integration and deepening value chain division of labor, financial services have significantly...
Proceedings Article
Research and Practice on Rational Preparation of Purchasing Demand of University Experimental Equipment
Zhe Zhao, Yulin Chen
With the national high level of science and technology self-reliance as a strategic support for national development, the higher financial departments increased the investment of special funds for local university laboratories during the “14th Five-Year Plan”, and university laboratories developed rapidly....
Proceedings Article
Research on Performance Evaluation of Chinese Ports in the “Belt and Road” Region
Quan Dai, Yingtejia Fulati, Yuhao Ge, Yulin Cao
Based on the financial data of Chinese major ports in the “Belt and Road” in 2023, this paper analyzes the total assets, liabilities, owner’s equity, operating income, operating profit, net profit and other financial indicators of the ports, and calculates and analyzes the economic value-added of the...
Proceedings Article
Research on the Optimization Strategy of Carbon Quota Allocation Based on the Goals of Carbon Peaking and Carbon Neutrality
Qiyue Ma, Jieyu Zheng, Xuefeng Zhang
Carbon quota allocation is a key part of China’s efforts to realize carbon emission reduction. How to rationally allocate carbon quotas to maximize the benefits between government and enterprises is the research objective of this paper. In this paper, by constructing a static game model between the government...
Proceedings Article
Discussion on the Problems of Individual Income Tax Collection and Administration
Qing Gu
China has already achieved the first hundred years’ goal, and has now started a new journey towards the second hundred years’ goal. In line with the development mission of the new era and the goal of realizing the common wealth of all the people, the problem of personal income tax collection and management...
Proceedings Article
The Relationship between City Size and Income in China
Xiangyu Ji, Tianqing Zheng
Urbanization is a key driver of economic growth, and its effects on income have garnered significant academic attention, particularly in relation to agglomeration effects. This paper examines the relationship between urbanization and wages using data from the 2018 Chinese Family Panel Studies (CFPS)....
Proceedings Article
The Configuration Path of High-Quality Development of Digital Economy from the Perspective of Government Governance
——An Empirical Analysis Based on NCA and fsQCA
Chuanli Wei, Tiantian Song
The digital economy as an important force for promoting high-quality development, cannot develop without effective government governance. What kind of government governance can effectively promote the development of a digital economy remains to be revealed. This paper analyzes the influencing factors...
Proceedings Article
National Audits and New Quality Productivity Coupling for Harmonized Development
Mingyang Han
With the economic transformation and scientific and technological innovation, the new quality productivity becomes the key to economic growth, and the state audit is crucial in this process, exploring the synergistic and interactive relationship between the two is an important issue to be urgently solved...
Proceedings Article
China’s New-Quality Productive Forces Facilitate the Improvement and Enhancement of Economic Quality
Chuanli Wei, Yangyang Bi
The new quality productivity was first proposed in September 2023 and was subsequently officially written into the central documents. In 2024, the new quality of productivity was written into the government work report for the first time, and the relevant decisions of the Central Economic Work Conference...
Proceedings Article
The Role of Unilateral Tax Incentives in Africa in the Context of ‘One Belt, One Road’ As A Driver of Quality Development
Qichao Zhang, Kai Li, Weiyi Zhou
This paper examines the impact of China’s unilateral tax incentives for African countries on their high-quality development in the context of the Belt and Road Initiative. By analyzing the policy background, objectives and current situation, the paper discusses the role of tax incentives in promoting...
Proceedings Article
Digital Development, Intellectual Property Protection, and the Performance of Cultural Industry
Yujie Ding, Jun Zhou
In the era of digital economy, digital technology is constantly penetrating the cultural industry, driving it forward significantly. Meanwhile, intellectual property protection plays an important role in the development of the cultural industry driven by digital technology. This study selects the panel...
Proceedings Article
Research on the Current Situation and Influencing Factors of Labor Participation of the Elderly in Shanghai
Zhiyuan Hu
In the context of Shanghai having entered a severely aging society, this article collates and analyzes the current status of the elderly population in Shanghai and the data on the labor participation rate of the elderly. It is discovered that the degree of aging in Shanghai is relatively high across...
Proceedings Article
Rising Power and the Balance of International Order
The Beijing Consensus’s Presuppositional Transcendence, Institutional Advantages and Systemic Optimisation of the Washington Consensus
Wen Feng
The ‘Washington Consensus’, as the signature concept of neoliberalism in the wave of globalisation, has been widely discussed and practised around the world since it was put forward in the late 1980s and early 1990s. Its core ideas include the advocacy of market liberalisation, trade liberalisation,...
Proceedings Article
The Development of Digital Economy, Agricultural Servitization and The Growth of Farmers’ Income
Wenqian Wang, Jun Zhou
The digital economy has a significant impact on increasing farmers’ income, and the development of the digital economy promotes the growth of farmers’ income to a certain extent through the mediating variable of agricultural servitization. Based on panel data from 30 provinces, the article constructs...
Proceedings Article
Local Government Debt: Its Positive Role and Potential Problems
Jiayue Yang
Local government debt is the debt formed by local governments to raise funds for infrastructure projects, including direct borrowing, arrears bond guarantees, etc. Its scale depends on the decision-making and management efficiency of local governments. It plays a key role in driving regional economic...
Proceedings Article
Can Limited Interaction Enhance User Participation in Innovation? Evidence from Innovation Communities on E-commerce Platforms
Haiqing Hu, Xiao Chen
Interaction is a crucial factor affecting user participation in innovation within innovation communities. Considering reducing interaction difficulty and enhancing interaction efficiency, limited interaction is applied in e-commerce platform innovation communities. However, whether and how limited interaction...
Proceedings Article
Tax Administration in the Era of Digital Economy
Mingzhi Liu
In order to The digital economy, characterized by its intangibility, concealment, and fluidity, poses significant challenges to traditional tax administration In response, various solutions such as the OECD’s dual-pillar model and the digital tax model of European countries have been proposed. China...
Proceedings Article
Analysis of the Mechanism and Implementation Path of New Quality Productivity Driving High-Quality Development of Regional Economy
Fuyan Hong, Wanru Yu
This paper focuses on the key role of new-quality productivity in the high-quality development of the regional economy and deeply analyzes its driving mechanism, covering aspects such as innovation leadership, industrial reshaping, factor integration, and green synergy. At the same time, it discusses...
Proceedings Article
Research on the Coupled and Coordinated Development of Digital Economy and Rural Revitalization
Zhixin Li
Based on the panel data of 31 provinces in China from 2017 to 2022, this paper constructs the index system of digital economy and rural revitalization, uses the entropy value method to measure the integrated value of digital economy and rural revitalization, uses the coupling coordination model to calculate...
Proceedings Article
The Impact of Circuit Courts on Corporate Social Responsibility: Evidence from China’s Listed Companies
Yaxing Tian
In certain areas, local government or external influence in judicial processes continues, and legal control is markedly inadequate. Such occurrences impede firms in meeting their social responsibilities, particularly in regions with limited legal enforcement, complicating the regulation of corporate...
Proceedings Article
Research on the Efficiency of Forestry Ecological Economic Development in China
Nan Zhou
The efficient development of forestry is one of the important measures to achieve sustainable ecological, economic and social development in China. In order to promote the development of forestry, the Chinese government’s investment in forestry has increased year by year. In this paper, the DEA evaluation...
Proceedings Article
Study on the Contribution of Industrial Parks to the Scale of Territorial Economy
--Taking Suzhou National Hi-Tech District as an Example
Yuping Zhou, Tingyu Hou
Industrial parks are crucial drivers for promoting coordinated economic development in China and participating in the global value chain. As regional economic growth poles, their contribution to the local economic scale is significant. This paper analyzes the path of industrial parks to influence the...
Proceedings Article
Theoretical System of Professional Collaboration in Ultra High Voltage Engineering Construction
Liyu Xia, Jiaping Han, Guangrui Tang
Modern management theory guides the construction of power grid engineering, which not only helps to improve the efficiency and quality level of power grid engineering construction, but also optimizes resource allocation, reduces costs, and promotes technological innovation. The goal should be to promote...
Proceedings Article
Cargo Volume Forecasting Analysis Based on Simulated Annealing Algorithm and SARIMA Modeling
Saiyang Zhang
This study uses an integrated SARIMA model and a simulated annealing algorithm dedicated to exploring the forecasting of goods sales and inventory levels in the e-commerce industry, as well as the optimization of warehouse allocation strategies. First, this paper uses a composite model based on coupled...
Proceedings Article
Research on Digital Government Governance Driven by Big Data
Ping Liu, Jiayi Ming
With the rapid development of digital technology, big data has become an important resource in modern society. Especially in the field of government governance, digital transformation, and big data applications are playing an increasingly important role. This paper analyzes the definition and characterization...
Proceedings Article
Research on Digital Government Governance from the Perspective of Ecological Civilization Construction
Fuyan Hong, Yuwei Gao
In recent years, guided by the concept of ecological civilization, China’s ecological civilization construction has achieved significant results. Meanwhile, with the rapid development of information technology, digital government governance has become an important means to improve government governance...