The Influence of the New Relationship between Political and Business on the Hi-Q Development of the Electronic Cigarette Industry in the Eastern Coastal Areas

2021 ◽  
Vol 7 (5) ◽  
pp. 867-878
Author(s):  
Zhang Lingwei ◽  
Wang Yan

The relation between political and business is a major social relationship nowadays, it is also an significant factor affecting the regional economic development. In 2016, the state leader has also proposed to build a new type of “close” and “cleaning” political and business relationship. Under the new normal, China’s economic development has changed from emphasis on increment to quality. In the Hi-Q development, real economy is the cornerstone of the overall economic. In recent years, as an emerging real economy, electronic cigarette industry has fast-paced in China. The upstream and downstream industrial chains are mainly concentrated in China’s eastern coastal areas, what follows is the rapid spreading of electronic cigarette stores. Thus, it is essential to probe the impact of the new political business relationship on the Hi-Q development of the electronic cigarette industry, exploring ways to improve the new political business relationship, to the extent that realize the Hi-Q development of it. This study uses the empirical analysis on the influence of the new political business relationship on the high-quality development of the electronic cigarette industry. In empirical analysis, the first process is to set up the index system of Hi-Q development level of the electronic cigarette industry combined with the new development concept, according to the data of the eastern coastal areas from 2011 to 2017, then use the entropy method to assess the Hi-Q development index of the electronic cigarette industry of eastern coastal provinces, and finally use the fixed effect panel model, select the government intervention as the core explanatory variable, select the corruption index and legal environment as the important explanatory variables and human capital as the controlled variables to implement empirical analysis on the influence of new political business relationship on the high-quality development of the electronic cigarette industry. The upshot demonstrate that new political business relationship can facilitate the Hi-Q development of the electronic cigarette industry effectively. As a result, the new political business relationship can effectively facilitate the high-quality development of the electronic cigarette industry.

2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Min Li ◽  
Zamira Madina

Artificial intelligence companies are different from traditional labor-intensive and capital-intensive companies in that their core competitiveness lies in technology, knowledge, and manpower. Enterprises show the characteristics of a high proportion of intangible assets, strong profitability, and rapid growth. At the same time, there are also the characteristics of high risk and high uncertainty. In addition to the existing value brought by existing profitability, corporate value should also consider the potential value brought by potential profitability. Enterprise value is affected by many factors such as profitability, growth ability, innovation ability, and external environment. Traditional valuation techniques are often utilised to value artificial intelligence businesses in the present market. Traditional valuation methods ignore the dynamics and uncertainties of artificial intelligence enterprise value evaluation, make static and single predictions of future earnings, ignore the value of enterprise management flexibility, and are unable to assess the intrinsic value of artificial intelligence businesses. Based on the projection pursuit method, this paper constructs a modern high-quality development enterprise high-quality development evaluation model, uses real-code accelerated genetic algorithm to optimize the projection objective function, and calculates the best projection direction vector and projection value. The collected sample data can be imported into the evaluation model to calculate the comprehensive evaluation value of the high-quality development of modern high-quality development enterprises and the weights of various indicators included. By comparing the size of the comprehensive evaluation value, each sample can be calculated Evaluation of the level of high-quality development. The results show that the high-quality development level of China’s overall economy is on the rise, but the level of development is still low, and there is a large gap between the development level of the eastern region and the central and western regions. Using the systematic generalized moment estimation method, empirically, we analyse the impact of artificial intelligence on the high-quality economic development. The results show that artificial intelligence at the national level and in the central and western regions will significantly promote high-quality economic development, while artificial intelligence in the eastern region has a significant inhibitory effect on high-quality economic development.


2021 ◽  
Vol 292 ◽  
pp. 03018
Author(s):  
LiXian Chen ◽  
XinMing Cai ◽  
KaiZhang Zou

Based on the provincial data of China from 2004 to 2018, this paper empirically tests the impact of the spatial distribution of producer services on the high-quality development of manufacturing. It is found that the spatial distribution of producer services significantly promotes the high-quality development of manufacturing, and there is no heterogeneity of geographical location and economic development level.


2021 ◽  
Vol 14 (1) ◽  
pp. 216
Author(s):  
Chenhui Ding ◽  
Chao Liu ◽  
Chuiyong Zheng ◽  
Feng Li

Technological innovation and high-quality economic development are inevitable requirements of sustainable development, and the digital economy has gradually become a new engine to enhance technological innovation and the high-quality development of China’s economy. Deeply discussing the effect of digital economy on high-quality economic development and clarifying the mechanism behind it can effectively grant the boosting power of digital economy to China’s high-quality development, which is of great practical significance to China’s sustainable economic development. In this study, the mechanism, effect, and regional heterogeneity of the impact of the digital economy on the level of high-quality economic development in 30 Chinese provinces from 2011–2019 were measured and empirically tested using a mediating effects model and a spatial Durbin model, among others. The results showed that the overall level of digital economy and high-quality development is not high, and there were both high agglomeration and low agglomeration, with obvious spatial path dependence and spatial lock-in. Digital economy could promote the high-quality development level of the economy, and the spatial spillover effect was remarkable. In addition, the function of digital economy in promoting high-quality economic development in the eastern, central, and western regions was gradually weakened. Besides, the technological innovation was an important transmission path of digital economy to high-quality economic development. Based on these findings, it is proposed that decision-makers should strengthen digitalization efforts so that the digital economy can become a powerful tool to narrow the digital divide. Further, the dynamic and differentiated digital economy development strategy should be implemented to reduce regional development imbalances in an effective manner.


2018 ◽  
Vol 1 (2) ◽  
pp. 163-180
Author(s):  
Jin Bei

Purpose As China embarks upon a new era of high-quality development, it is increasingly important and imperative for China’s economic development to live up to its real nature, which is to satisfy people’s growing needs for a better life. The paper aims to discuss this issue. Design/methodology/approach The paper attempts to discuss the implication of HQD and its related theoretical issues from the basic theory of economics, and literature review. It is necessary to return to Marx’s “dual character of commodity” to check the theoretical foundation of this issue, based on the duality methodology, namely, the duality of the value of use and the value of exchange. Findings Moving from HSG phase to HQD phase constitutes a major challenge and an arduous task that is extremely difficult both theoretically and practically. A series of new problems crop out as to the theoretical understanding and practical resolution. Fundamentally speaking, this new dynamic mechanism intrinsically requires a perfect integration of the instrumental rationality of market economy and the value-based rationality of economic development. Originality/value This new momentum requires a perfect match between the instrumental rationality of market economy and the value-based rationality of economic development.


2021 ◽  
Vol 235 ◽  
pp. 03027
Author(s):  
Yonghui Cao ◽  
He Jiang

At present, China’s economy has entered a new period of high-quality development from the stage of high-speed growth. The supply side structural reform focusing on removing production capacity, inventory, deleveraging, cost reduction and making up for weaknesses is a major strategic measure to enhance the driving force of sustained economic growth, solve the deep-seated problems of economic development and improve the quality of economic development. Accelerating the innovation and application of smart supply chain has become an important part of promoting supply side structural reform, cultivating new economic growth points and building a modern economic system. This paper mainly analyzes the emergence and research status of smart supply chain and the construction of smart supply chain system under the background of supply side reform, so as to promote the high-quality development of economy.


2014 ◽  
Vol 38 (1) ◽  
pp. 7-30
Author(s):  
Mariusz Próchniak

Abstract This study aims at assessing to what extent institutional environment is responsible for worldwide differences in economic growth and economic development. To answer this question, we use an innovative approach based on a new concept of the institutions-augmented Solow model which is then estimated empirically using regression equations. The analysis covers 180 countries during the 1993-2012 period. The empirical analysis confirms a large positive impact of the quality of institutional environment on the level of economic development. The positive link has been evidenced for all five institutional indicators: two indices of economic freedom (Heritage Foundation and Fraser Institute), the governance indicator (World Bank), the democracy index (Freedom House), and the EBRD transition indicator for post-socialist countries. Differences in physical capital, human capital, and institutional environment explain about 70-75% of the worldwide differences in economic development. The institutions-augmented Solow model, however, performs slightly poorer in explaining differences in the rates of economic growth: only one institutional variable (index of economic freedom) has a statistically significant impact on economic growth. In terms of originality, this paper extends the theoretical analysis of the Solow model by including institutions, on the one hand, and shows a comprehensive empirical analysis of the impact of various institutional indicators on both the level of development and the pace of economic growth, on the other. The results bring important policy implications.


2019 ◽  
Vol 4 (2) ◽  
pp. 611
Author(s):  
Muhammad Ridhwan Ab. Aziz ◽  
Mohd Asyraf Yusof

During the global financial crisis and its aftermath, Islamic financial institutions were less affected, protected by their fundamental operating principles of risk sharing and the avoidance of leverage and speculative financial products. This has led to a greater appreciation of the role of Islamic finance in supporting economic growth across the globe. The contribution of Islamic finance and Islamic social finance especially through waqf sector promotes real economic development and could help to foster real economy and social sustainability.� The impact and contribution of waqf for economic development in fostering real economy and social sustainability can be obverved in many areas such as enhancing economic progress, eradicating proverty, restoring distribution of income, reducing government expenditure, preventing deficit financing and stimulate growth and job creation. Therefore, a new mechanism is needed to support non-bankable and poor customers for financing facilities via Shariah compliant Islamic financial products and services.The purpose of this paper is to examine the most feasible mechanism for deposit and financing instruments based on waqf through Waqf Bank that able to foster and stimulate economic and social sustainability in the real economy sector especially for Muslim countries. The methodology of research in this study is through qualitative research based on interviews with Muslim scholars as well as Islamic banking and waqf practitioners. The finding of this study shows that there is feasible mechanism and modus operandi for the development of deposit and financing instruments in the Waqf Bank that able to be applied in many Muslim countries worldwide.


2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Hongyang Wang ◽  
Baizhou Li

AbstractThe high-quality development of the manufacturing industry is an important strategic task for Chinese economic development. The rapid development of the manufacturing industry is also accompanied by problems such as overcapacity and environmental pollution. This paper analyzes the impact of capacity utilization on the high-quality development of manufacturing and establishes a nonlinear threshold regression model on this basis, and studies and analyzes environmental regulations as a threshold variable under the influence of capacity utilization rate on the high-quality development of the manufacturing industry. The research results show that: capacity utilization, profitability, foreign direct investment, and government participation all have a significant positive impact on the high-quality development of the manufacturing industry; environmental regulations have a significant negative impact on the high-quality development of the manufacturing industry. And in the model of the effect of capacity utilization on the high-quality development of the manufacturing industry, environmental regulation has a single threshold effect. With the increase in the intensity of environmental regulation, the coefficient and significance of the effect of capacity utilization on the high-quality development of the manufacturing industry have changed. Finally, this article puts forward corresponding policies and suggestions based on the results of data analysis.


2016 ◽  
Vol 7 (2) ◽  
pp. 15-31
Author(s):  
Sakib Amin ◽  
Quazi Annoor ◽  
Lamia Khandker ◽  
Hiroto Nakagawa

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