China’s modern corporate system fuels sustainable growth by merging profit-driven innovation with social responsibility,turning rural villages into prosperous microcosms of equitable development.
China-Africa cooperation sets a benchmark for equitable development in a multipolar world Despite rising unilateralism and protectionism in the West and increasing uncertainties in global trade,China-Africa economic a...China-Africa cooperation sets a benchmark for equitable development in a multipolar world Despite rising unilateralism and protectionism in the West and increasing uncertainties in global trade,China-Africa economic and trade cooperation remains on a fast track,backed by concrete actions towards common modernisation.This collaboration reinforces solidarity across the Global South and contributes to greater stability and confidence in the global multilateral trading system.展开更多
The China Railway Express(CRE)has improved regional economic integration with external markets and has reshaped regional development by encouraging the relocation of manufacturing activities("manufacturing transf...The China Railway Express(CRE)has improved regional economic integration with external markets and has reshaped regional development by encouraging the relocation of manufacturing activities("manufacturing transfer").We analyzed data from 284 prefecture-level cities in China to evaluate the impact of the CRE on regional manufacturing relocation,using a staggered difference-in-diferences model with entropy balancing.We found that the launch of the CRE significantly stimulated the relocation of manufacturing industries to node cities-key hubs for transportation and logistics within the CRE network-especially in the central,western,and northeastern regions.Specifically,the CRE significantly increased manufacturing dynamism,firm profitability,openness,and foreign investment in node cities,which attracted more manufacturing industries to relocate in this area.Higher levels of infrastructure development moderated the CRE's effect.Further analysis showed that significant moderating effects of infrastructure development occurred only in the western region.Overall,our conclusions provide useful insights into how to promote equitable regional development through manufacturing development in China.展开更多
文摘China’s modern corporate system fuels sustainable growth by merging profit-driven innovation with social responsibility,turning rural villages into prosperous microcosms of equitable development.
文摘China-Africa cooperation sets a benchmark for equitable development in a multipolar world Despite rising unilateralism and protectionism in the West and increasing uncertainties in global trade,China-Africa economic and trade cooperation remains on a fast track,backed by concrete actions towards common modernisation.This collaboration reinforces solidarity across the Global South and contributes to greater stability and confidence in the global multilateral trading system.
基金support from the National Social Science Fund of China (No.22BGJ049)the National Natural Science Foundation of China (No.72174056).
文摘The China Railway Express(CRE)has improved regional economic integration with external markets and has reshaped regional development by encouraging the relocation of manufacturing activities("manufacturing transfer").We analyzed data from 284 prefecture-level cities in China to evaluate the impact of the CRE on regional manufacturing relocation,using a staggered difference-in-diferences model with entropy balancing.We found that the launch of the CRE significantly stimulated the relocation of manufacturing industries to node cities-key hubs for transportation and logistics within the CRE network-especially in the central,western,and northeastern regions.Specifically,the CRE significantly increased manufacturing dynamism,firm profitability,openness,and foreign investment in node cities,which attracted more manufacturing industries to relocate in this area.Higher levels of infrastructure development moderated the CRE's effect.Further analysis showed that significant moderating effects of infrastructure development occurred only in the western region.Overall,our conclusions provide useful insights into how to promote equitable regional development through manufacturing development in China.
