This study examines how the foreign experience of local oficials affects firms'exports in China.Using a matched sample from 2000 to 2012,we found that the foreign experience of municipal Party secretaries had a si...This study examines how the foreign experience of local oficials affects firms'exports in China.Using a matched sample from 2000 to 2012,we found that the foreign experience of municipal Party secretaries had a significant impact on the promotion of firms'exports,especially for private firms.This positive impact was more pronounced when officials went abroad at a younger age,stayed abroad for a longer period,returned to China for a longer time,and had greater promotion incentives.We found that officials'foreign experience helped to mitigate the negative impact of institutional distance and provided firms with better access to export subsidies,both of which could promote exporting.There was also a complementary effect when officials and executives both had foreign experience.Overall,our study provides some insights into the economic outcomes of officials'foreign experience and sheds light on the export performance of Chinese firms.展开更多
By systematically reviewing the practical experience of management of urban parks at home and abroad,the advanced experience in organization,management system,operation mechanism and social participation were summariz...By systematically reviewing the practical experience of management of urban parks at home and abroad,the advanced experience in organization,management system,operation mechanism and social participation were summarized,and the optimization and improvement measures for the construction and management of urban parks in Chengdu were proposed to provide reference for the high-level construction,high-quality experience and efficient management of urban parks in the construction of park city demonstration zone in Chengdu.展开更多
With the integration of various information technology, the Internet economy has gradually become the leading force to promote the development of the current global industrial revolution. Shanghai is one of the earlie...With the integration of various information technology, the Internet economy has gradually become the leading force to promote the development of the current global industrial revolution. Shanghai is one of the earliest areas of the Internet infrastructure construction in China, but also an important source ofChina＇s Internet economy. Today, the overall size of the Internet economy in Shanghai has been in the country, how to further enhance the international competitiveness of Shanghai＇s Internet economy has become one of the key tasks of Shanghai development. From the global perspective, this paper summarizes the development of foreign network economy, and then analyzes the development of network economy in developed countries and newly industrialized countries, and discusses the development experience, and summarizes the corresponding enlightenment of improving the competitiveness of the network economy in Shanghai.展开更多
Amazing City:A Foreigner’s Personal Experience of Chongqing’s Development Author:James Alexander Paperback,308 pages Published by Foreign Languages Press.
In coping with the global financial crisis, all levels of the Chinese government and foreign trade firms have not only created new practices but have also changed their goal from transforming the growth pattern of for...In coping with the global financial crisis, all levels of the Chinese government and foreign trade firms have not only created new practices but have also changed their goal from transforming the growth pattern of foreign trade to transforming the development pattern of joreign trade. China＇s experience shows that economic instruments such as Net Barter Terms of Trade （NBTT） and the smile curve theory have limitations when it comes to interpreting foreign trade. If used improperly, scientific theories often lead to.fallacies. Transjbrming the development pattern of China＇s .foreign trade requires the following changes： national income distribution, foreign trade competition, market exploration, and resource utilization. We advise that competent authorities create a reasonable and operational system of assessment indicators.展开更多
We examine the relationship between returnee chief executive officers(CEOs)and audit fees in China using robust econometric modeling with 25,630 firm-year observations between 2008 and 2020.A returnee CEO is a Chinese...We examine the relationship between returnee chief executive officers(CEOs)and audit fees in China using robust econometric modeling with 25,630 firm-year observations between 2008 and 2020.A returnee CEO is a Chinese CEO who has previously worked or studied outside China's mainland.Consis-tent with the supply-side argument that returnees improve governance and reduce audit risk,having a returnee CEO is negatively associated with audit fees.This relationship is not sensitive to the source of foreign experience.Firms with(vs.without)returnee CEOs pay lower audit fees.This effect is particu-larly pronounced for state-owned enterprises.Poorly governed,highly com-plex and risky firms benefit most from returnee CEOs in terms of lower audit fees.Our findings are robust across various tests.展开更多
基金supported by the National Natural Science Foundation of China(No.71802041),Liaoning Revitalization Talents Program(No.XLYC1907159),the Key Project of Social Science Fund of Liaoning Province(No.L20AGL009),and the Postgraduate Innovation Project of Shanghai University of Finance and Economics(No.CXJ2021304).The authors contributed equally.'According to statistics from the Ministry of Education of the People's Republic of China,the number of foreign students in 2016 was 544,500,an increase of 144,900(32.6 percent)from 2012.The total number of returnees was 432,500,an increase of 159,600 from 2012.Available from:http://www.moe.gov.cn/jyb_xwfb/xw_fbh/moe_2069/xwfbh_2017n/xwfb_170301/170301_sfcl/201703/t20170301_297675.html[online,cited November 2022].
文摘This study examines how the foreign experience of local oficials affects firms'exports in China.Using a matched sample from 2000 to 2012,we found that the foreign experience of municipal Party secretaries had a significant impact on the promotion of firms'exports,especially for private firms.This positive impact was more pronounced when officials went abroad at a younger age,stayed abroad for a longer period,returned to China for a longer time,and had greater promotion incentives.We found that officials'foreign experience helped to mitigate the negative impact of institutional distance and provided firms with better access to export subsidies,both of which could promote exporting.There was also a complementary effect when officials and executives both had foreign experience.Overall,our study provides some insights into the economic outcomes of officials'foreign experience and sheds light on the export performance of Chinese firms.
基金the Scientific Research Project of Natural Resources Department of Sichuan Province(KJ-2023-032).
文摘By systematically reviewing the practical experience of management of urban parks at home and abroad,the advanced experience in organization,management system,operation mechanism and social participation were summarized,and the optimization and improvement measures for the construction and management of urban parks in Chengdu were proposed to provide reference for the high-level construction,high-quality experience and efficient management of urban parks in the construction of park city demonstration zone in Chengdu.
文摘With the integration of various information technology, the Internet economy has gradually become the leading force to promote the development of the current global industrial revolution. Shanghai is one of the earliest areas of the Internet infrastructure construction in China, but also an important source ofChina＇s Internet economy. Today, the overall size of the Internet economy in Shanghai has been in the country, how to further enhance the international competitiveness of Shanghai＇s Internet economy has become one of the key tasks of Shanghai development. From the global perspective, this paper summarizes the development of foreign network economy, and then analyzes the development of network economy in developed countries and newly industrialized countries, and discusses the development experience, and summarizes the corresponding enlightenment of improving the competitiveness of the network economy in Shanghai.
文摘Amazing City:A Foreigner’s Personal Experience of Chongqing’s Development Author:James Alexander Paperback,308 pages Published by Foreign Languages Press.
文摘In coping with the global financial crisis, all levels of the Chinese government and foreign trade firms have not only created new practices but have also changed their goal from transforming the growth pattern of foreign trade to transforming the development pattern of joreign trade. China＇s experience shows that economic instruments such as Net Barter Terms of Trade （NBTT） and the smile curve theory have limitations when it comes to interpreting foreign trade. If used improperly, scientific theories often lead to.fallacies. Transjbrming the development pattern of China＇s .foreign trade requires the following changes： national income distribution, foreign trade competition, market exploration, and resource utilization. We advise that competent authorities create a reasonable and operational system of assessment indicators.
基金funded by the Xijing University Special FundforHigh-LevelTalents(XJ24B02).
文摘We examine the relationship between returnee chief executive officers(CEOs)and audit fees in China using robust econometric modeling with 25,630 firm-year observations between 2008 and 2020.A returnee CEO is a Chinese CEO who has previously worked or studied outside China's mainland.Consis-tent with the supply-side argument that returnees improve governance and reduce audit risk,having a returnee CEO is negatively associated with audit fees.This relationship is not sensitive to the source of foreign experience.Firms with(vs.without)returnee CEOs pay lower audit fees.This effect is particu-larly pronounced for state-owned enterprises.Poorly governed,highly com-plex and risky firms benefit most from returnee CEOs in terms of lower audit fees.Our findings are robust across various tests.
