In the heart of southern China,Nanning is set to host the 22nd China-ASEAN Expo(CAEXPO)from September 17 to 21,again turning the city into a global hub for trade,innovation,and economic cooperation.This year marks the...In the heart of southern China,Nanning is set to host the 22nd China-ASEAN Expo(CAEXPO)from September 17 to 21,again turning the city into a global hub for trade,innovation,and economic cooperation.This year marks the beginning of a new chapter in regional collaboration with the debut of the Blue Economy Pavilion—an exhibition space dedicated to the fast-growing and increasingly crucial marine economy.展开更多
In the Turkish Economy,there were radical changes in the structure of the economy with the policies of opening up to the outside world and transition to a free market economy in the 1980s,and the last step of this ope...In the Turkish Economy,there were radical changes in the structure of the economy with the policies of opening up to the outside world and transition to a free market economy in the 1980s,and the last step of this opening up and liberalization process was realized with the decision number 32 in 1989.We can say that with the liberalization of capital movements in the 1990s,economic growth and development were tried to be achieved through hot money inflows rather than direct foreign investments.This trend made the economy more open to crises,and for the first time,a crisis occurred in the form of the 1994 economic crisis,which was understood to be caused by hot money.The same economic structure experienced a financial and economic crisis caused by hot money again in November 2000 and February 2001.While the crisis was overcome with the stand-by agreement made with the IMF(International Monetary Fund)and the announced Transition to a Strong Economy program,the economy started to grow rapidly with the ease of using foreign resources,and political stability seems to have enabled this economic growth process to continue uninterruptedly except 2009.There was also a decrease in inflation rates.The same economic structure continued in the period between 2010 and 2020,and the financing need of economic growth was met by outsourcing.However,this process was different from the previous decade and there was no economic and financial crisis other than the sudden increase in exchange rates in 2018.We can say that the sudden exchange rate increase in 2018 was perceived as a harbinger of possible exchange rate shocks in the following years.展开更多
A story of how east China’s Zhejiang Province protects and develops its big sea area.DRIVEN by the highly potential“blue market,”China’s coastal provinces are now taking measures to promote marine economy developm...A story of how east China’s Zhejiang Province protects and develops its big sea area.DRIVEN by the highly potential“blue market,”China’s coastal provinces are now taking measures to promote marine economy development.展开更多
Mid-Year Marine Economy Report Developing the marine economy and building China into a maritime powerhouse are of great significance for China’s socio-economic sustainable development,as well as for advancing its mod...Mid-Year Marine Economy Report Developing the marine economy and building China into a maritime powerhouse are of great significance for China’s socio-economic sustainable development,as well as for advancing its modernization drive.Recently released data from the Ministry of Natural Resources shows that during the first half of 2025,despite a complex and volatile external environment,China’s marine economy withstood the pressure and maintained a steady and positive development trend.展开更多
Digital technology and the digital economy are at the forefront of the global technological revolution and industrial transformation.They are profoundly reshaping the international landscape of competition and restruc...Digital technology and the digital economy are at the forefront of the global technological revolution and industrial transformation.They are profoundly reshaping the international landscape of competition and restructuring the world economy.Major countries and economies around the globe are increasingly competing on digital technology and the digital economy,striving to secure a strategic advantage in the new round of international competition and establish a strong position in the evolving international order.展开更多
This article focuses on how digital inclusive finance empowers the development of Liaoning’s marine economy.The research shows that while digital inclusive finance in Liaoning Province has grown rapidly in recent yea...This article focuses on how digital inclusive finance empowers the development of Liaoning’s marine economy.The research shows that while digital inclusive finance in Liaoning Province has grown rapidly in recent years,it still faces shortcomings in usage depth and coverage breadth.At present,digital inclusive finance has a significant empowering effect on Liaoning’s marine economy,but challenges remain,including insufficient coverage and limited application of infrastructure,imperfect data governance and risk control systems for the marine economy,and a mismatch between digital financial products and the needs of the marine industry.To address these issues,the article proposes optimized pathways for digital inclusive finance to support Liaoning’s marine economy:improving digital financial infrastructure to enhance service accessibility and efficiency;strengthening marine economic data governance to build an intelligent risk control system;innovating digital financial products to better align with industrial demands.展开更多
The development of sustainable sludge management systems requires looking at them with a new vision in which the concepts of SD(Sustainable Development)must integrate those of CE(Circular Economy),both concepts subjec...The development of sustainable sludge management systems requires looking at them with a new vision in which the concepts of SD(Sustainable Development)must integrate those of CE(Circular Economy),both concepts subject to the principles of TD(Thermodynamics),thus allowing the adoption of actions that are all the more effective the more complete the evaluation of the social dimension has been.This involves a new“Way of thinking”which sees the sludge system as the“Locomotive”of the entire wastewater/sludge treatment train and is developed through“Ways of acting”which includes both“Technical”actions to maximize recoveries of useful materials and/or or energy,and“Socio/Institutional”actions to overcome barriers linked to local cultures and traditions,also considering that the specific local context heavily influences the choices capable of satisfying the concepts of CE.It follows the need of issuing realistic and applicable regulations and overcoming social barriers,such as lack of infrastructure and/or qualified personnel,to achieve an effective integration of the concepts of CE with the more general ones of sustainability.展开更多
Taking Zhejiang Province as an example,this paper explores the mechanisms and implementation pathways through which the low-altitude economy drives the transformation and upgrading of the tourism industry.It finds tha...Taking Zhejiang Province as an example,this paper explores the mechanisms and implementation pathways through which the low-altitude economy drives the transformation and upgrading of the tourism industry.It finds that the low-altitude economy can effectively promote the development of high-end and diversified tourism in Zhejiang by innovating tourism formats,optimizing resource allocation,and enhancing tourist experiences.Besides,it analyzes the current development status of the low-altitude economy in Zhejiang and its potential for integration with tourism,revealing specific enabling pathways for tourism transformation,including low-altitude sightseeing,aviation tourism,and low-altitude sports.Finally,it proposes policy recommendations such as strengthening policy support,enhancing infrastructure development,and cultivating market entities.The findings aim to provide theoretical references and practical guidance for the high-quality development of tourism in Zhejiang Province.展开更多
[Objectives]To study the factors influencing the tourism economy in Henan Province.[Methods]Using tourism-related data from Henan Province covering the period from 2000 to 2020,this study constructs a regression model...[Objectives]To study the factors influencing the tourism economy in Henan Province.[Methods]Using tourism-related data from Henan Province covering the period from 2000 to 2020,this study constructs a regression model based on multivariate statistical methods to investigate the determinants of the tourism economy.The dependent variable in the model is the domestic tourism revenue of Henan Province,while the independent variables comprise the number of tourist arrivals,total operational railway mileage,the number of travel agencies,and the per capita disposable income of urban residents.[Results]Both the total railway mileage and the per capita disposable income of urban residents are the primary factors influencing the development of Henan's tourism economy.[Conclusions]It is recommended to reduce uncertainty and liquidity constraints to mitigate residents'precautionary savings behavior,actively expand domestic demand to leverage tourism as an economic driver,and improve infrastructure to support tourism development.展开更多
On a sunny afternoon,Nelly Wahome mounted a smartphone on a tripod to film one of Mombasa’s tourist hotspots-Nyali Resort,a popular northern beach resort in Kenya.Wahome,25,shared the latest video clip via her TikTok...On a sunny afternoon,Nelly Wahome mounted a smartphone on a tripod to film one of Mombasa’s tourist hotspots-Nyali Resort,a popular northern beach resort in Kenya.Wahome,25,shared the latest video clip via her TikTok handle in a quest to enchant her followers with the day’s tourism scene along Nyali’s coastline.Within a few hours of uploading,her content attracted hundreds of views.展开更多
Aquick tap on your phone on your way to work has your usual coffee arriving at the office before you do.Preparing for an evening event,a new foundation shade arrives in under 30 minutes,no store visit required.At a we...Aquick tap on your phone on your way to work has your usual coffee arriving at the office before you do.Preparing for an evening event,a new foundation shade arrives in under 30 minutes,no store visit required.At a weekend picnic,pet treats show up from across town just as easily as lunch.展开更多
Marine pollution is a well-recognized phenomenon that has many negative effects on the marine environment.The effects of marine pollution are due to the discharge of hazardous materials,toxins,or other pollutants into...Marine pollution is a well-recognized phenomenon that has many negative effects on the marine environment.The effects of marine pollution are due to the discharge of hazardous materials,toxins,or other pollutants into the marine environment,which includes seas,estuaries,oceans,and other water bodies,and this unwanted input affects the blue economy.The blue economy,which includes industries and research associated with marine and ocean resources,is often affected by marine pollution on multiple levels,such as economic costs,direct resource impacts,health risks,and infrastructure damage.In one report,the pollution-related issues in many countries were estimated at 9 t/inh and clean-up costs between$12 to$160/t.More extensive pollution mitigation projects might take up to 15 years to conclude and cost up to$500/t.To better understand the role of marine pollution and its impact on the blue economy,some key parameters are discussed as follows:the role of biofouling,volatile organic compounds,the impact of metals,anionic pollutants,and antifouling coatings.The review findings also highlight the impact of marine pollution on ecosystems and associated economic activities,which could be reduced through measures such as better international cooperation,waste management,and the development of sustainable practices.Related information on the strategies and policies that could be adopted for sustainable blue economy are stated after each section.展开更多
On February 17,2025,when China braves the economic headwinds and emerges from multiple challenges with hard-won feats,Xi Jinping,general secretary of the Communist Party of China(CPC)Central Committee,also Chinese pre...On February 17,2025,when China braves the economic headwinds and emerges from multiple challenges with hard-won feats,Xi Jinping,general secretary of the Communist Party of China(CPC)Central Committee,also Chinese president and chairman of the Central Military Commission,attended a symposium on private enterprises in Beijing and delivered an important speech.He stressed that on the new journey of the new era,the private economy has broad development prospects and immense potential,and it is the perfect time for private companies and entrepreneurs to fully demonstrate their prowess.展开更多
Shiyan,located in the northwestern part of Hubei Province,China,is a city with a population of approximately 3.2 million.As a prefecture-level city,Shiyan is known for its mountainous terrain and rich natural resource...Shiyan,located in the northwestern part of Hubei Province,China,is a city with a population of approximately 3.2 million.As a prefecture-level city,Shiyan is known for its mountainous terrain and rich natural resources.Historically,Shiyan has been a strategic transportation hub connecting Hubei,Shaanxi,and Chongqing.展开更多
In the first two months,a package of exist ing and incremental policies continued to take effect,industrial and service sectors grew rapidly,consumpt ion and investment continued to improve,employment was generally st...In the first two months,a package of exist ing and incremental policies continued to take effect,industrial and service sectors grew rapidly,consumpt ion and investment continued to improve,employment was generally stable,and new quality productive forces grew and thrived.The national economy got off to a steady start with new and positive development momentum.展开更多
In an industrial park in Chonburi Province,about one-hour drive from the Thai capital of Bangkok,robotic arms on production lines move up and down,material-handling robots carrying components shuttle back and forth,an...In an industrial park in Chonburi Province,about one-hour drive from the Thai capital of Bangkok,robotic arms on production lines move up and down,material-handling robots carrying components shuttle back and forth,and Ferris wheel-shaped overhead tracks transport semi-finished products to the next destination.A factory equipped with a dedicated 5G network glows with automation,digitization,and intelligence.This is a fruit of China-Thailand cooperation on the digital economy.In recent years,Thailand’s digital economy has achieved rapid development with an average annual growth rate exceeding 15 percent,making it a star performer in Southeast Asia’s digital transformation.Chinese technology and solutions have played a pivotal role in this process.展开更多
The blue economy-encompassing sustainable use of ocean resources for economic growth,improved livelihoods,and ocean ecosystem health-has emerged as a strategic frontier in global cooperation.Among the most dynamic par...The blue economy-encompassing sustainable use of ocean resources for economic growth,improved livelihoods,and ocean ecosystem health-has emerged as a strategic frontier in global cooperation.Among the most dynamic partnerships in this domain is the evolving relationship between Portugal and China,two nations geographically distant but united by a shared maritime heritage and a forward-looking vision for ocean sustainability.展开更多
The circular economy(CE)presents a promising approach to integrating industry with sustainability and circularity,which helps minimize ecological harm and preserve natural resources for future generations.This study f...The circular economy(CE)presents a promising approach to integrating industry with sustainability and circularity,which helps minimize ecological harm and preserve natural resources for future generations.This study focused on the roles of nuclear energy,renewables,and climate policies in advancing a CE.It examined the intentions of OECD countries regarding CE practices and the various factors influencing these intentions from 2000 to 2019.This study utilized second-generation panel data tools,such as slope homogeneity and stationarity tests,to assess cross-sectional dependence and heterogeneity in the panel dataset.The study employed the moment quantile regression(MM-QR)method to obtain regression estimates and analyze the conditional distribution across all quantiles.The findings indicated that the role of nuclear energy in promoting CE was negative across all quantiles.In contrast,renewable energy positively supports achieving CE in OECD countries.Climate policies assisted OECD countries in progressing toward CE in both the nuclear energy and renewable energy models.We conducted a robust check using a non-parametric panel Granger causality test,which confirmed the expected results for all other factors.The collaborative efforts for waste minimization ensure that nuclear energy systems are resilient,economically feasible,and environmentally sustainable.展开更多
The rapid development of the digital economy profoundly impacts global industries,presenting both opportunities and challenges for traditional sectors like petroleum.This study investigates the impact of the digital e...The rapid development of the digital economy profoundly impacts global industries,presenting both opportunities and challenges for traditional sectors like petroleum.This study investigates the impact of the digital economy on the performance of Chinese petroleum enterprises,focusing on the mediating role of total factor productivity(TFP).Utilizing panel data from Chinese petroleum firms(2018–2023),we construct a macro digital economy development index(using the entropy method)and a micro-level enterprise digital transformation index.Empirical analysis employs panel data models and mediation effect models.Findings reveal that regional digital economy development significantly positively affects firms’Tobin’s Q(coefficient=0.516).Enterprise digital transformation significantly enhances Return on Equity(ROE)(coefficient=27.456).Mediation tests confirm that TFP partially mediates the relationship between digital transformation and firm performance.Heterogeneity analysis shows differences based on ownership:regional digital economy development has a slightly stronger effect on state-owned enterprises’(SOEs)market value,while its effect is statistically more significant for private enterprises.Conversely,digital transformation boosts ROE more significantly in private firms.The study concludes with policy recommendations,including promoting digital governance reform in SOEs,increasing support for private firms’digitalization,building a digital technology innovation ecosystem to enhance TFP,and optimizing digital investment structures for better capital market recognition.展开更多
With the theme of“new infrastructure construction in airspace with standards as the foundation-Driving the high-quality development of the low-altitude economy”,a sub-forum brought together representatives from gove...With the theme of“new infrastructure construction in airspace with standards as the foundation-Driving the high-quality development of the low-altitude economy”,a sub-forum brought together representatives from government departments,research institutes,universities,and enterprises to probe into the key role of standardization in the development of the low-altitude economy.展开更多
文摘In the heart of southern China,Nanning is set to host the 22nd China-ASEAN Expo(CAEXPO)from September 17 to 21,again turning the city into a global hub for trade,innovation,and economic cooperation.This year marks the beginning of a new chapter in regional collaboration with the debut of the Blue Economy Pavilion—an exhibition space dedicated to the fast-growing and increasingly crucial marine economy.
文摘In the Turkish Economy,there were radical changes in the structure of the economy with the policies of opening up to the outside world and transition to a free market economy in the 1980s,and the last step of this opening up and liberalization process was realized with the decision number 32 in 1989.We can say that with the liberalization of capital movements in the 1990s,economic growth and development were tried to be achieved through hot money inflows rather than direct foreign investments.This trend made the economy more open to crises,and for the first time,a crisis occurred in the form of the 1994 economic crisis,which was understood to be caused by hot money.The same economic structure experienced a financial and economic crisis caused by hot money again in November 2000 and February 2001.While the crisis was overcome with the stand-by agreement made with the IMF(International Monetary Fund)and the announced Transition to a Strong Economy program,the economy started to grow rapidly with the ease of using foreign resources,and political stability seems to have enabled this economic growth process to continue uninterruptedly except 2009.There was also a decrease in inflation rates.The same economic structure continued in the period between 2010 and 2020,and the financing need of economic growth was met by outsourcing.However,this process was different from the previous decade and there was no economic and financial crisis other than the sudden increase in exchange rates in 2018.We can say that the sudden exchange rate increase in 2018 was perceived as a harbinger of possible exchange rate shocks in the following years.
文摘A story of how east China’s Zhejiang Province protects and develops its big sea area.DRIVEN by the highly potential“blue market,”China’s coastal provinces are now taking measures to promote marine economy development.
文摘Mid-Year Marine Economy Report Developing the marine economy and building China into a maritime powerhouse are of great significance for China’s socio-economic sustainable development,as well as for advancing its modernization drive.Recently released data from the Ministry of Natural Resources shows that during the first half of 2025,despite a complex and volatile external environment,China’s marine economy withstood the pressure and maintained a steady and positive development trend.
文摘Digital technology and the digital economy are at the forefront of the global technological revolution and industrial transformation.They are profoundly reshaping the international landscape of competition and restructuring the world economy.Major countries and economies around the globe are increasingly competing on digital technology and the digital economy,striving to secure a strategic advantage in the new round of international competition and establish a strong position in the evolving international order.
文摘This article focuses on how digital inclusive finance empowers the development of Liaoning’s marine economy.The research shows that while digital inclusive finance in Liaoning Province has grown rapidly in recent years,it still faces shortcomings in usage depth and coverage breadth.At present,digital inclusive finance has a significant empowering effect on Liaoning’s marine economy,but challenges remain,including insufficient coverage and limited application of infrastructure,imperfect data governance and risk control systems for the marine economy,and a mismatch between digital financial products and the needs of the marine industry.To address these issues,the article proposes optimized pathways for digital inclusive finance to support Liaoning’s marine economy:improving digital financial infrastructure to enhance service accessibility and efficiency;strengthening marine economic data governance to build an intelligent risk control system;innovating digital financial products to better align with industrial demands.
文摘The development of sustainable sludge management systems requires looking at them with a new vision in which the concepts of SD(Sustainable Development)must integrate those of CE(Circular Economy),both concepts subject to the principles of TD(Thermodynamics),thus allowing the adoption of actions that are all the more effective the more complete the evaluation of the social dimension has been.This involves a new“Way of thinking”which sees the sludge system as the“Locomotive”of the entire wastewater/sludge treatment train and is developed through“Ways of acting”which includes both“Technical”actions to maximize recoveries of useful materials and/or or energy,and“Socio/Institutional”actions to overcome barriers linked to local cultures and traditions,also considering that the specific local context heavily influences the choices capable of satisfying the concepts of CE.It follows the need of issuing realistic and applicable regulations and overcoming social barriers,such as lack of infrastructure and/or qualified personnel,to achieve an effective integration of the concepts of CE with the more general ones of sustainability.
文摘Taking Zhejiang Province as an example,this paper explores the mechanisms and implementation pathways through which the low-altitude economy drives the transformation and upgrading of the tourism industry.It finds that the low-altitude economy can effectively promote the development of high-end and diversified tourism in Zhejiang by innovating tourism formats,optimizing resource allocation,and enhancing tourist experiences.Besides,it analyzes the current development status of the low-altitude economy in Zhejiang and its potential for integration with tourism,revealing specific enabling pathways for tourism transformation,including low-altitude sightseeing,aviation tourism,and low-altitude sports.Finally,it proposes policy recommendations such as strengthening policy support,enhancing infrastructure development,and cultivating market entities.The findings aim to provide theoretical references and practical guidance for the high-quality development of tourism in Zhejiang Province.
文摘[Objectives]To study the factors influencing the tourism economy in Henan Province.[Methods]Using tourism-related data from Henan Province covering the period from 2000 to 2020,this study constructs a regression model based on multivariate statistical methods to investigate the determinants of the tourism economy.The dependent variable in the model is the domestic tourism revenue of Henan Province,while the independent variables comprise the number of tourist arrivals,total operational railway mileage,the number of travel agencies,and the per capita disposable income of urban residents.[Results]Both the total railway mileage and the per capita disposable income of urban residents are the primary factors influencing the development of Henan's tourism economy.[Conclusions]It is recommended to reduce uncertainty and liquidity constraints to mitigate residents'precautionary savings behavior,actively expand domestic demand to leverage tourism as an economic driver,and improve infrastructure to support tourism development.
文摘On a sunny afternoon,Nelly Wahome mounted a smartphone on a tripod to film one of Mombasa’s tourist hotspots-Nyali Resort,a popular northern beach resort in Kenya.Wahome,25,shared the latest video clip via her TikTok handle in a quest to enchant her followers with the day’s tourism scene along Nyali’s coastline.Within a few hours of uploading,her content attracted hundreds of views.
文摘Aquick tap on your phone on your way to work has your usual coffee arriving at the office before you do.Preparing for an evening event,a new foundation shade arrives in under 30 minutes,no store visit required.At a weekend picnic,pet treats show up from across town just as easily as lunch.
基金Supported by the President’s International Fellowship Initiative of Chinese Academy of Sciences(No.2024 PVC 0010)。
文摘Marine pollution is a well-recognized phenomenon that has many negative effects on the marine environment.The effects of marine pollution are due to the discharge of hazardous materials,toxins,or other pollutants into the marine environment,which includes seas,estuaries,oceans,and other water bodies,and this unwanted input affects the blue economy.The blue economy,which includes industries and research associated with marine and ocean resources,is often affected by marine pollution on multiple levels,such as economic costs,direct resource impacts,health risks,and infrastructure damage.In one report,the pollution-related issues in many countries were estimated at 9 t/inh and clean-up costs between$12 to$160/t.More extensive pollution mitigation projects might take up to 15 years to conclude and cost up to$500/t.To better understand the role of marine pollution and its impact on the blue economy,some key parameters are discussed as follows:the role of biofouling,volatile organic compounds,the impact of metals,anionic pollutants,and antifouling coatings.The review findings also highlight the impact of marine pollution on ecosystems and associated economic activities,which could be reduced through measures such as better international cooperation,waste management,and the development of sustainable practices.Related information on the strategies and policies that could be adopted for sustainable blue economy are stated after each section.
文摘On February 17,2025,when China braves the economic headwinds and emerges from multiple challenges with hard-won feats,Xi Jinping,general secretary of the Communist Party of China(CPC)Central Committee,also Chinese president and chairman of the Central Military Commission,attended a symposium on private enterprises in Beijing and delivered an important speech.He stressed that on the new journey of the new era,the private economy has broad development prospects and immense potential,and it is the perfect time for private companies and entrepreneurs to fully demonstrate their prowess.
文摘Shiyan,located in the northwestern part of Hubei Province,China,is a city with a population of approximately 3.2 million.As a prefecture-level city,Shiyan is known for its mountainous terrain and rich natural resources.Historically,Shiyan has been a strategic transportation hub connecting Hubei,Shaanxi,and Chongqing.
文摘In the first two months,a package of exist ing and incremental policies continued to take effect,industrial and service sectors grew rapidly,consumpt ion and investment continued to improve,employment was generally stable,and new quality productive forces grew and thrived.The national economy got off to a steady start with new and positive development momentum.
文摘In an industrial park in Chonburi Province,about one-hour drive from the Thai capital of Bangkok,robotic arms on production lines move up and down,material-handling robots carrying components shuttle back and forth,and Ferris wheel-shaped overhead tracks transport semi-finished products to the next destination.A factory equipped with a dedicated 5G network glows with automation,digitization,and intelligence.This is a fruit of China-Thailand cooperation on the digital economy.In recent years,Thailand’s digital economy has achieved rapid development with an average annual growth rate exceeding 15 percent,making it a star performer in Southeast Asia’s digital transformation.Chinese technology and solutions have played a pivotal role in this process.
文摘The blue economy-encompassing sustainable use of ocean resources for economic growth,improved livelihoods,and ocean ecosystem health-has emerged as a strategic frontier in global cooperation.Among the most dynamic partnerships in this domain is the evolving relationship between Portugal and China,two nations geographically distant but united by a shared maritime heritage and a forward-looking vision for ocean sustainability.
文摘The circular economy(CE)presents a promising approach to integrating industry with sustainability and circularity,which helps minimize ecological harm and preserve natural resources for future generations.This study focused on the roles of nuclear energy,renewables,and climate policies in advancing a CE.It examined the intentions of OECD countries regarding CE practices and the various factors influencing these intentions from 2000 to 2019.This study utilized second-generation panel data tools,such as slope homogeneity and stationarity tests,to assess cross-sectional dependence and heterogeneity in the panel dataset.The study employed the moment quantile regression(MM-QR)method to obtain regression estimates and analyze the conditional distribution across all quantiles.The findings indicated that the role of nuclear energy in promoting CE was negative across all quantiles.In contrast,renewable energy positively supports achieving CE in OECD countries.Climate policies assisted OECD countries in progressing toward CE in both the nuclear energy and renewable energy models.We conducted a robust check using a non-parametric panel Granger causality test,which confirmed the expected results for all other factors.The collaborative efforts for waste minimization ensure that nuclear energy systems are resilient,economically feasible,and environmentally sustainable.
文摘The rapid development of the digital economy profoundly impacts global industries,presenting both opportunities and challenges for traditional sectors like petroleum.This study investigates the impact of the digital economy on the performance of Chinese petroleum enterprises,focusing on the mediating role of total factor productivity(TFP).Utilizing panel data from Chinese petroleum firms(2018–2023),we construct a macro digital economy development index(using the entropy method)and a micro-level enterprise digital transformation index.Empirical analysis employs panel data models and mediation effect models.Findings reveal that regional digital economy development significantly positively affects firms’Tobin’s Q(coefficient=0.516).Enterprise digital transformation significantly enhances Return on Equity(ROE)(coefficient=27.456).Mediation tests confirm that TFP partially mediates the relationship between digital transformation and firm performance.Heterogeneity analysis shows differences based on ownership:regional digital economy development has a slightly stronger effect on state-owned enterprises’(SOEs)market value,while its effect is statistically more significant for private enterprises.Conversely,digital transformation boosts ROE more significantly in private firms.The study concludes with policy recommendations,including promoting digital governance reform in SOEs,increasing support for private firms’digitalization,building a digital technology innovation ecosystem to enhance TFP,and optimizing digital investment structures for better capital market recognition.
文摘With the theme of“new infrastructure construction in airspace with standards as the foundation-Driving the high-quality development of the low-altitude economy”,a sub-forum brought together representatives from government departments,research institutes,universities,and enterprises to probe into the key role of standardization in the development of the low-altitude economy.
