• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

Industrialization is a phenomenon of the new times derived from the process of fusion of culture, economy, and technology in the modern society. Cultural merchandise is important foundation for the formation of cultural identity because it implies the overall culture, history, tradition, values, regulations, etc of a country. Cultural identity raises the nation’s competitiveness, acting as driving force of national development. Thus it’s attracting worldwide countries’ attention on cultural fusion and development. Development of digital science technology via 4th Industrial Innovation is expanding in various forms through ‘culture+scientific technique’ and China is also emphasizing on digitalization of culture through digital economic development. Convention, virtual reality, exhibition, and tourism are applications of digital cultural industry, which is leading changes in cultural consumption model. Especially, fusion of digital technology and real economy is presenting a new paradigm of digital cultural industry which centers around cultural resources. As follows, this study suggests development measures for fusion and expansion with other genres, with the example of ‘digital+cultural tourism’ fusion, presenting the characteristics and current status. Resolution search for cooperation with platforms utilizing fractionized policy, expanded consumption space through various content development, and growth of competitive cultural enterprises and talented people are required. Cultural digital derivative products, reflecting interactive technology, game technology, and artificial intelligence technology, should also be developed in line with the trend.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

As major players in the global economy, Korean firms or enterprises have been playing a pivotal role in the international business arena. Their achievements in technological innovation, market expansion, and organizational management have attracted widespread attention. Chinese academics have been endeavoring to study multiple aspects of Korean corporations in-depth to analyze their successes and challenges. The purpose of this review is to systematize the current state of research on Korean firms and China-South Korea corporations in Chinese academia, to explore the characteristics and shortcomings of the existing research, and to explore the areas of concern for corporations. The article takes 78 Korean corporation research papers published in CSSCI journals in the China Knowledge Network database almost 2 decades as a sample and uses the content analysis method to analyze the research papers. These sample literature are systematically analyzed and sorted out in terms of publication year distribution, source journals, authors, funded status of the papers, keywords, specific research areas, and research methods. The results show that Chinese academics' research on Korean firms and Sino-Korean corporations has been sharply increased and slightly declined recently in a general sense. In terms of areas of interest, corporate governance, investment, and organizational culture has gained sizable attention; however, more rigorous academic efforts will be recommended. On the other hand, relatively few studies on inter-firm cooperation, corporate policy, and legal environment have been conducted. The research method is mostly qualitative research, and the authors believe that more interdisciplinary efforts and theory-based empirical research seem to be required.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

As digital transformation accelerates, the belt and road initiative (BRI) offers to firms an opportunity to overseas expansion. Since the digital BRI aims to spread Chinese products and services in the global markets, Chinese government actively supports domestic firms for joining the digital BRI. With this background, this study investigates the participants, which will determine the success of this globalization agenda. We examine the effects of network embeddedness and business specialization as well as the moderating effects of digital orientation. Empirical analysis uses the panel data set that consists of 1,256 Chinese listed firms with 3,692 firm-year observations during 2015-2019. The random-effect results show that with a lower level of network embeddedness and a higher level of specialization are more likely to engage in the digital BRI. The relationship between network embeddedness and the BRI participation is strengthened by digital orientation. We argue that firms with solid home network turn down the initiative but those who lack competitiveness are likely to welcome this avenue to explore new markets. It seems that a dilemma exists in the current digital BRI practice that contrasts the original policy intention to dominate global market with Chinese products and services.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

In the post-epidemic era, the international market remains highly uncertain, and Chinese enterprises are facing various challenges such as economic growth slowdown, global supply chain restructuring, and geopolitical risks. In the context of the global digital economy boom, accelerating digital transformation has become an important means for Chinese enterprises to break through difficulties and enhance competitiveness. In this context, this study, using A-share listed companies from 2015 to 2022 as samples and employing panel logic regression analysis, investigates the question of whether digital transformation of Chinese enterprises can promote their internationalization. The results indicate that the digital transformation of Chinese enterprises significantly promotes their internationalization. This is mainly attributed to the fact that digitalization helps companies improve information processing capabilities, reduce transaction costs for overseas activities, overcome ‘Liability of foreignness’, and enhance innovation capabilities and management efficiency. Additionally, through methods such as grouping regression, the study finds that the impact of digital transformation on internationalization varies according to the ownership type of enterprises. Compared to state-owned enterprises, digital transformation has a greater impact on the internationalization of private enterprises. These studies and findings fill the gap in the research of digital transformation at the micro level of enterprises, deepen the understanding of the digital development of Chinese enterprises, and provide valuable insights and references for governments and enterprises.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

The sharing economy has gained attention as a rational consumption model since the global financial crisis. Collaborative consumption can be seen as a core concept in describing the sharing economy system. In China, collaborative consumption has rapidly expanded into a variety of fields, including accommodation, transportation, food, and finance, based on the growth of big-tech companies and technological advancements. It is now deeply integrated into Chinese people's lives. This study explored the structural relationship between the technical characteristics of Chinese collaborative consumption platforms, motivation, and intention to use, based on the technology acceptance model(TAM) and self-determination theory(SDT), and found that the technical characteristics of platforms, such as usefulness, ease of use, security and privacy, increase the intention to use through the mediating effect of intrinsic and extrinsic motivation of users. This study is expected to provides insights into collaborative consumption behavior and the development of effective operation strategies for related platforms.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

The focus of the study is to construct a scientific and comprehensive evaluation index system to assess the digital economy development in the Yellow River Basin and provide a foundation for policy-making. The research reviewed literature on the digital economy in the Yellow River Basin and analyzed the economic background and digital foundation. A three-level index system based on 28 indicators was constructed, utilizing government-released data such as the China Statistical Yearbook (2022) for analysis. Empirical analysis shows that the digital economy development of the Yellow River Basin is generally good, but there is a significant imbalance in development between regions, especially in the areas of innovation development and social welfare. Then, the entropy weight method was used to determine the weights of the indicators, and a comprehensive evaluation model was constructed using the TOPSIS method. The study found a distinct Matthew effect in the digital economy development among provinces within the Yellow River Basin. This difference suggests that the digital economy plays an important role in regional economic development and provides vital references for national regional development policy decision-making.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

This study focused on China's FDI in ASEAN, which has been increasing since the 2000s. In general, the inflow of FDI affects a country's economic and industrial structure and the GVC. Therefore, this study empirically analyzed the impact of China's FDI into ASEAN on the GVC. In particular, this study differentiated the analysis by dividing ASEAN into leading economies (ASEAN-5) and latecomer economies (CLMV) and dividing the GVC into forward participation and backward participation. First, as a result of conducting the Granger Causality test, the results show that FDI flowing into ASEAN and participation of the GVC show a significant causal relationship. In the panel regression analysis, ASEAN's total FDI inflow had a positive effect on the expansion of the GVC. It showed a high level of influence, especially in terms of backward participation. However, China's FDI in ASEAN, the main subject of this study, did not show a statistically significant influence on the GVC. This is presumed to be because China does not account for a large proportion of ASEAN's inflow of FDI.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

This research aims to empirically investigate the impact of population aging on the savings rate through the case of China, taking into account the heterogeneity between rural and urban areas. Data was collected from 2011 to 2021 for 31 provinces in China, and a panel dataset was constructed by separating the data into urban and rural categories for each province. The analysis utilized variables such as the elderly ratio, savings rate, income level, and social security spending for both rural and urban areas of each province, applying a panel fixed-effect model. The results revealed that the pattern of savings rates differs between rural and urban areas as aging progresses. Specifically, an increase in the elderly ratio, i.e., the level of aging, leads to an increase in the savings rate in urban areas but a decrease in rural areas. Additionally, the rate of change in savings rates significantly increases with the acceleration of aging. The increase in social security expenditures reduces the savings rate in all regions, but this effect is more pronounced in rural areas. Therefore, it is necessary to consider the different directions and sensitivities of savings rate due to aging in rural and urban areas when implementing policies. Moreover, the study suggests that to increase the savings rate, there should be a focus on enhancing productivity to boost labor income in rural areas.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

This study presented a review of the aspects of Korean-Chinese cultural conflict and alternatives, focusing on transnational online media and netizens. To this end, first, the Korean-Chinese cultural conflict was divided into the center of ‘subject-media', and the causes and characteristics of the problem were revealed. The Korean-Chinese cultural conflict occurred after the official diplomatic relations between the two countries, and appeared in various forms depending on factors such as history and structure problems, cultural attribution rights, global cultural standards, and international relations. In particular, it was confirmed that the commercialization of transnational online media and private-centered participation of netizens were mainly influenced by the diversification of Korean-Chinese cultural conflicts, the spread of transnationality, blind means of profit creation, and cultural attribution rights. In order to examine the factors of the Korean-Chinese cultural conflict, the characteristics and relevance of Chinese cybernationalism were examined. Chinese cybernationalism was forming Chinese ideology, nationalism, patriotism, and digital governance. Through this, it was confirmed that the Chinese government used it as a national ideology that complexly acts on public control and irrational online activities of college student netizens. In particular, the mechanism of digital government-based cybernationalism, which is formed by China's ‘government-company-private' organization, was presented at a poetic level. In order to reveal the patterns of cultural conflict between Korea and China due to Chinese cybernationalism, lǐ zǐ qī's kimchi making videos and comments were collected and analyzed. As a result of the analysis, the lǐ zǐ qī video contains Korean kimchi making and cooking methods, but it became a problem with a self-centered attitude, such as specifying ‘Chinese cuisine' and ‘Pao Chai'. Most of the comments in the video were English, Korean, and Chinese in order. The commonality of the comments by language right was that it was remarkable to debate the mutual advantage between Korean and Chinese cultures, focusing on country, nationality, kimchi, culture, food, and traditional keywords. In the English comments, discussions on historical and cultural legitimacy were mainly focused on the shared culture of Korea and China. In the Korean comments, it was found that the content insisting on the legitimacy of Korea's kimchi culture attribution rights was found, while the Chinese comments were found to deal with the pro-Japanese and pro-American aspects that criticized China's political issues and Korea's international attitude. In terms of cultural conflict between Korea and China, comments suggested the possibility of conflict over cultural attribution rights, the Chinese cybernationalist characteristics of biased patriotism, deepening cultural conflict between Korea and China through translation programs, and the aspect of misunderstanding by global netizens participating in cultural conflict between Korea and China through English. Accordingly, this study proposed active activities of government agencies, international cooperation with other countries, and monitoring of transnational online media as countermeasures against the spread and diversification of transnational cultural conflicts between Korea and China. Through this, a preemptive plan was suggested to prevent the occurrence and spread of diversified cultural conflicts between Korea and China.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

In response to the Chinese government's proactive urbanization policies, academic interest in urban regeneration and gentrification has been growing. Therefore, this study utilizes the CiteSpace software to analyze the research trends in urban regeneration and gentrification in China from 2000 to 2023, as reflected in the literature published in the CNKI database. The analysis encompasses the volume of publications, citations, the collaborative networks of authors and institutions, and keyword networks. The findings reveal that firstly, there has been a significant increase in the volume of literature on this topic since 2010, aligning with the implementation of government policies, indicating its emergence as a core research theme in academia. Secondly, the collaborative networks are predominantly formed around specific research areas and a limited group of researchers. Thirdly, an analysis of high-frequency keywords demonstrates a shift from quantitative to qualitative aspects in urban policies and social demands. This study provides a bibliometric perspective on the research trends in urban regeneration and gentrification within Chinese academia, highlighting the close relation of this research theme to the shifts in government policy and offering foundational data for future research directions.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

The escalating debt issues of Chinese local governments have become a subject of considerable scrutiny and analysis. Against the backdrop of the global economic challenges posed by the Covid-19 pandemic, the focus on the debt structure of various economic entities has heightened with particular attention drawn to the local governments in China. During the three-year-long response to the Covid-19 crisis Chinese local governments have incurred substantial fiscal expenditures related to pandemic control measures. These include vaccination campaigns quarantine protocols medical relief efforts and support for livelihoods. These fiscal commitments have played a pivotal role in accentuating the debt issues faced by local governments. Simultaneously the sustained downturn in the real estate market marked by the sequential bankruptcies of major real estate companies adds another layer to the fiscal challenges confronted by local governments. The ensuing reduction in revenue notably from land sales has further contributed to the deterioration of fiscal health. The debt structure of Chinese local governments has evolved in close association with Local Government Financing Vehicles (LGFVs). These entities established by local governments to secure investment funds have played a crucial role in borrowing from banks and issuing corporate bonds. The funds raised by LGFVs have been primarily directed towards social infrastructure construction and real estate development. However structural issues including mismatches in fund maturity and the operational and repayment structure of projects have compounded with the recent downturn in the real estate market, leading to persistent risks of debt default. In essence the challenges in the real estate market have substantially constrained the income derived from land sales a vital revenue stream for local governments. This study aims to delve into the formation process and structural intricacies of the exacerbated local government debt. It employs a theoretical framework that considers the administrative nature of LGFV management, along with concepts such as fiscal decentralization and soft budget constraints to provide a comprehensive examination and analysis of the current state of Chinese local government debt.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

This paper is aimed to systematically explain the connotations of real estate development enterprises, light assets, and light asset models, analyze the motives, challenges, and main models of light asset transformation in real estate development enterprises, make specific case studies in combination with the uniqueness of each model, and put forward suggestions for light assets model transformation. This paper mainly adopts the methods of literature research, case analysis and comparative analysis, then selects four listed companies in China that are the most representative and successfully transformed -- Greentown, Vanke, Longfor and Poly -- as typical cases to make a comparative analysis of the characteristics, leading links, capital occupation and income sources of the four models. It makes financial data analysis of specific projects applied in each company and model in the actual process, and evaluates the positive effects and effects brought by the implementation of light asset transformation. It is concluded that light asset transformation is a rational choice for the current development of Chinese real estate development enterprises and a continuous innovation of financial cooperation models as well as a reflection of the positioning and value mining of real estate enterprises in the process of developing the value chain.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

Recently, environmental, social, and governance (ESG) has become a new paradigm for corporate management and investment as a global trend. In particular, the board diversity is being emphasized as a standard related to the corporate governance of ESG. In a broader sense, the board diversity includes race, gender, nationality, and sexual orientation, and in a narrow sense, the board diversity focuses on gender diversity, among which female directors are a key issue. In this regard, while some countries implement a female director quota system that forces the appointment of female directors, others implement a system that entrusts the appointment of female directors to the autonomy of companies. In general, the board of directors is a main body in a company's business decision-making, and the responsibilities of directors who are members of the board of directors are gradually expanding. Since there is an important relationship between corporate governance and sustainable growth, the issue of the board diversity has become an important concern for long-term investors. There are a number of empirical studies that say that expanding the number of female directors can improve the monitoring and supervision functions and decision-making functions of the board of directors and can improve corporate management performance through changes in corporate culture. In other words, it can be evaluated that there is a correlation between securing gender diversity and improving corporate management performance or corporate governance in the board diversity. From this point of view, in order for listed companies in China to further grow into a global company, it is necessary to pay more attention to securing the board diversity, such as expanding the number of female directors, and the Chinese government needs to strengthen policy support on the board diversity. In conclusion, the following institutional improvement measures should be taken to improve the board diversity of Chinese companies. First, it is necessary to promote policies that provide internal motivation for the board diversity for Chinese companies. For example, in most companies, it is necessary to implement policies to promote the appointment of female directors because the board diversity is insufficient. Second, it is necessary to promote policies to improve the quality of information disclosure by Chinese companies regarding the diversity of the board of directors. In addition to promoting the introduction of a mandatory disclosure system, it is necessary to develop qualitative and quantitative disclosure indicators. Third, there is a need to improve the evaluation model for the diversity of the board of directors and ESG of Chinese companies. The ESG evaluation model needs to be improved by incorporating long-term practical experience. In order not to neglect the diversity of the board of directors, it is necessary to delegate the evaluation to a more specialized institution such as the Women's Federation to summarize the experience and use it to improve the overall evaluation model. Fourth, it is necessary to establish a regular exchange platform between mainland China and Hong Kong so that companies can share and learn experiences and examples of ESG practice between companies in various aspects

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

The global economic landscape has undergone profound transformations since the inception of the COVID-19 pandemic, introducing complexities and challenges to the world's wine market as it navigates the post-COVID era. This research is dedicated to a comprehensive analysis of China's burgeoning role in the global wine industry, poised to assert itself as a key player in major international wine markets in the imminent future. The study meticulously examines the developmental trajectory and current state of China's wine industry, elucidating the challenges encountered, ongoing mitigation efforts, and offering discerning insights into future trajectories. Methodologically, the analysis delves into pertinent global wine trends, scrutinizing vital aspects such as vineyard surface area, wine production, consumption, exports, and imports. A focal point of the study is the assessment of China's present standing across these critical dimensions. Notably, as of 2022, China holds the third position globally in vineyard surface area, the twelfth in wine production, the seventh in wine imports, and the eighth in wine consumption. The pivotal drivers behind the noteworthy expansion of China's wine market are deeply rooted in the country's economic reform and rapid development subsequent to its globalization. Key events, including China's accession to the World Trade Organization (WTO) and the hosting of the Beijing Olympics, have functioned as catalysts, propelling trade activities and initiating a substantial upswing in the wine sector. Despite sustained growth, however, China's wine market has encountered a downturn since 2012 for domestic wine consumption and since 2018 for imported wine, owing to a combination of external factors, such as the economic pressures of 2018, the US-China trade dispute, the COVID-19 outbreak, and stringent regulatory measures, compounded by internal factors like evolving consumer trends in China. In 2022, the global wine market reached a valuation of $458.5 billion, with an anticipated Compound Annual Growth Rate (CAGR) of 5.5% until 2028, projecting a valuation of $635.8 billion. While China stands as a significant consumer of wine, with only 3% of its population engaging in wine consumption, and the annual per capita wine consumption falling below half of the global average, this suggests substantial untapped potential for further growth within the Chinese wine market. Indeed, the Chinese wine market is poised to ascend to the pinnacle as the largest global wine market, alongside the United States, in the near future.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

Over the past 40 years of China's reform and opening up, China's economy has developed rapidly, and Chinese scholars’ research on transformational leadership has entered a new stage. This study collected and collated the data of Chinese academic papers of transformational leadership theory published in the China National Knowledge Infrastructure database from 2001 to 2023, and conducted quantitative visualization analysis through E-Study and CiteSpace.The analysis results indicate that the China's transformational leadership theory is currently in the research of transformation stage and there are significant research achievements in the localization research of transformational theory in the Chinese context and the development of transformational leadership scale with Chinese characteristics. However, there are still practical problems in the research of transformational leadership in China, such as insufficient empirical research, different adaptability to different cultural environments. The research on transformational leadership in the Chinese context and cross-cultural comparison may become the research direction for transformational leadership in China, and provide theoretical and data support for emerging leadership research.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

Entrepreneurship plays a vital role in national development, and China recognizes the importance of promoting and supporting entrepreneurship among college students to address the challenges of unemployment. While the government's encouragement primarily aims to reduce unemployment, students themselves are driven by the pursuit of self-realization and value in their entrepreneurial endeavors. This study focuses on Chinese undergraduate students who have received entrepreneurship education. By employing empirical analysis methods and surveying 610 students, it explores how entrepreneurship education influences the Entrepreneurial Behavior of college students. The study utilizes SPSS 26.0 and AMOS 24.0 for structural equation analysis. The results show that practical education positively impacts the inclination towards entrepreneurial behavior, while the positive influence of theoretical education is not confirmed. Additionally, harmonious passion and obsessive passion act as mediating factors between practical education and the inclination towards entrepreneurial behavior. The study confirms the moderating effect of family support but does not validate the moderating effect of policy support. The findings enrich providing new perspectives the model for nurturing entrepreneurship talent in Chinese universities.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

The purpose of this study is to explore the structural relationship between self-leadership, self-esteem, problem-solving ability, and career maturity for Chinese university students. In order to achieve the research problem, 960 university students from eight four-year universities in six cities in Shandong Province, China were conducted. The survey was conducted from June 1 to August 1, 2023, and the collected data were analyzed using SPSS 26.0 and AMOS 26.0 programs. Based on the research results and discussions, I would like to present the conclusions as follows. First, Chinese university students' self-leadership significantly affects career maturity directly and indirectly through self-esteem and problem-solving ability. Second, Chinese university students' self-esteem has a partial mediating effect in the relationship between self-leadership and career maturity, and problem-solving ability has a partial mediating effect in the relationship between self-leadership and career maturity. In addition, self-esteem and problem-solving ability had a partial double mediating effect in the relationship between self-leadership and career maturity. Therefore, in order to improve career maturity, students' self-leadership, problem-solving ability, and self-esteem should be increased. In addition, implications were provided from two directions: students and educational institutions.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

This study verified the intention to use the robo-advisor of the MZ generation in China using the technology acceptance model. The results of this study are as follows. First, external factors had a significant effect on the perceived ease of use, external factors on the perceived usefulness, perceived ease of use, and intention to use, but the perceived usefulness did not affect the attitude of use. This seems to be because the MZ generation in China already recognizes the usefulness of robo-advisors. On the other hand, it is believed that the perceived ease of use influenced the attitude of use because they know that it is useful, but they think it should be easy to use. Therefore, industries using robo-advisors should put more effort into promoting the ease of use rather than promoting the usefulness of robo-advisors. Second, as a result of indirect effect analysis, the perceived ease of use between external factors and the attitude of use showed an indirect effect, but the perceived usefulness did not. This can be seen as a result of perceived ease of use affecting the attitude of use, but not the perceived usefulness. In addition, as a result of multi-mediation effect analysis, perceived ease of use influenced the intention to use through perceived usefulness and attitude of use. This is a result of proving that once the MZ generation in China considers the use of robo-advisors to be easy and simple, it will be perceived as useful for their financial design, and that the perception of usefulness affects the positive attitude toward the use of robo-advisors, and that a positive attitude toward the use of robo-advisors can eventually lead to the degree of use of robo-advisors.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel

This paper analyzes the strategy for the reunification with Taiwan by the Chinese Communist Party during the Xi Jinping era, employing a modified application of the Network Theory of International Politics. As a network actor, the Chinese Communist Party under Xi Jinping actively engages in the establishment, deployment, and normalization to Taiwan as an object. In the 'network establishment phase,' the Chinese Communist Party builds a preceding network by vigorously enforcing ‘one country’·two systems in Hong Kong. Based on this, in the 'network deployment phase,' it deploys a strategy of one country, two systems as a 'critical point' in Taiwan. This can be seen as Xi Jinping's era Chinese Communist Party aiming to establish an 'institutional network' in Taiwan. However, institutional network becomes an 'incomplete institutional network.' The issue lies in the fact that despite this incomplete institutional network, Xi Jinping continues to persist and strengthen the ‘one country’·two systems strategy in Taiwan. Now the ‘one country’·two systems strategy serves as a kind of norm within the cross-strait relations. However, the deploying cross-Strait reunification strategy during the Xi Jinping era carries the limitation of reinforcing anti-mainland sentiments and strengthening Taiwan's identity.

• EndNote
• RefWorks
• Scholar's Aid
• BibTeX

Export Citation Cancel