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Compared with financial information, whether corporate social responsibility disclosure has impacts on debt financing cost has obviously become a heated topic in the academic. This paper selects A-share listed companies in Shanghai and Shenzhen stock markets of China from 2013 to 2017 as sample to study the impact of corporate social responsibility disclosure on debt financing cost, including bond financing cost and bank loan cost. In addition, this paper divides the sample into voluntary corporate social responsibility disclosure group and mandatory corporate social responsibility disclosure group and studies whether the effects of voluntary corporate social responsibility disclosure and mandatory corporate social responsibility disclosure on bond financing cost and bank loan cost are different. The empirical results are presented as follows: Firstly, enterprise disclosing high-quality corporate social responsibility report is more conducive to reducing the debt financing cost. Specifically, corporate social responsibility disclosure significantly lowers both the bond financing cost and bank loan cost. Moreover, the reduction impact of corporate social responsibility disclosure on bond financing cost is greater than that of bank loan cost. Secondly, enterprises voluntarily disclosing corporate social responsibility reports are more conducive to reducing the debt financing cost than that of enterprises mandatorily disclosing corporate social responsibility reports. Thirdly, non-state-owned enterprises are more conducive to reducing debt financing cost than that of state-owned enterprise. The enterprises with more market competition are more conducive to reducing the debt financing cost than the oligopolistic enterprises. Finally, this paper concludes and gives policy implications. This paper amplifies the literature regarding the economic consequences of corporate social responsibility disclosure and improves the understanding of the impact of corporate social responsibility disclosure on debt financing cost. [ABSTRACT FROM AUTHOR]

This paper uses the exogenous shock of China's formal implementation of the environmental information disclosure system in 2008 to construct a quasi-natural experiment. Based on the panel data of prefecture-level cities from 2003 to 2019, the propensity score matching and difference in difference (PSM-DID) approach was used to systematically evaluate the impact of environmental information disclosure on energy efficiency. Overcoming the difficulties in measuring environmental information disclosure and the endogenous problem, this paper investigates the energy-saving effect of environmental information disclosure and illustrates its mechanism for the first time. The results show that environmental information disclosure significantly improved energy efficiency, and public participation played an important role in energy conservation, a conclusion that remained true after a series of robustness tests. The test of the impact mechanism shows that environmental information disclosure can achieve the goal of improving energy efficiency by promoting industrial structure upgrading and technological innovation. This paper enriches the discussion on the relationship between environmental information disclosure and energy efficiency, and provides useful policy inspiration for improving the level of energy efficiency and achieving sustainable economic development. [ABSTRACT FROM AUTHOR]

High-quality development plays a crucial role in China’s economic progress in the new era. It represents a new concept of advancement and mirrors the increasing aspirations of the populace for an improved standard of living. In this context, the role of artificial intelligence (AI) in promoting sustainable development cannot be overemphasized. This paper explores how AI technologies can drive the transition to a green, low-carbon and circular economy. We have established an index system to measure the development level of the artificial intelligence industry and the high-quality development of the economy, which is relevant to the current state of the artificial intelligence industry and the advancement of the economy. Panel data from 2008 to 2017 has been utilized for this purpose. Global principal component analysis method and entropy value method are employed in the evaluation. Through in-depth analysis of the application of artificial intelligence and environmental protection in various provinces and cities, we clarify that artificial intelligence promotes innovation, saves resources, and is conducive to the development of green economy in the new era. [ABSTRACT FROM AUTHOR]

We examined the use of ecosystem service (ES) approaches at the landscape scale to assess two major ecological restoration programs (ERPs) in China. We found 68 papers highlighting four aspects: (1) most papers considered only one ES, and all ES categories were not covered equally; (2) regional-scale and short-term assessments dominated the reviewed papers, and few papers evaluated the impacts of ERPs on ESs at multiple spatial scales; (3) the majority of datasets were from global and national databases; and (4) 40% of studies used mostly proxy models and did not report model validation. Finally, we identify four needs: (1) for a deeper understanding of the interactions between multiple ESs; (2) to establish multiple temporal and spatial scales on ERP assessments including future scenarios and balanced efforts of ERP assessments over the entire territory; (3) to establish multiple data scales; and (4) to develop robust modeling approaches. [ABSTRACT FROM AUTHOR]

Research interest in organic food consumption has increased significantly worldwide, but a systematic analysis of this phenomenon in China is still lacking. The existing studies in this area are wide-ranging and fragmented, and there is a lack of comprehensive research into the drivers and barriers specific to the Chinese context. Based on a literature review of 26 articles spanning from 2011 to 2021, this article employs the consumption values theory and the innovation resistance theory to discern patterns on the drivers and barriers of organic food consumption in China. The findings show that the most explored drivers include the functional values of healthiness and safety. Within the social value realm, environmental concern and symbolic value emerge as important influences on Chinese consumers. Conditional values shed light on factors such as perceived healthiness and certification/organic labeling. Regarding barriers, an aspect of research less analyzed, the article finds key obstacles being price sensitivity, perceived uncertainty, lack of knowledge or information, lack of reliability, and lack of availability or visibility. [ABSTRACT FROM AUTHOR]

In the built heritage studies, the intricate web of social and selective processes that define heritage is evident. These processes are, in many cases, intertwined with the notion of scale, examplified through the production of heritage sites at the local, national, and transnational scales. While heritage and geography scholars have articulated the role played by scale in heritage-making and argue against a rigid, fixed, and hierarchical understanding of scale, they highlight the constant reproduction of scale. There is, so far, limited explanation of how the perception of scale gets reproduced and how crucial actors manipulate scalar power and resources for heritage making and the reproduction of scale. To fill this gap, this paper delves into mainland China's heritage-making, using the southern Anhui historical villages as an example. Based on intensive 5-month field research, this paper has three findings: 1) The nomination process for a World Heritage Site is notably influenced by politics and selectivity; 2) Diverse stakeholders are pivotal in shaping heritage narratives; 3) Individual contributions to heritage creation directly interact with, and subsequently reshape, 'scale', an entity that is simultaneously discursive and tangible. By integrating the notion of 'scale' into heritage discussions, we illuminate two concurrent processes: creating hierarchies through rule assimilation by interpreting the UNESCO standard internally and evolving socio-spatial dynamics via the manifestation of individual agency with resource manipulation, scale jumping, and reproduction of scale. This approach aligns with the material orientation in human geography and repositions 'scale'. Here, it's not just an epistemological framework but also a tangible force that steers individual perceptions and actions and yields measurable material impacts. [ABSTRACT FROM AUTHOR]

Food waste has become a significant challenge faced by the community with a shared future for mankind, and it has also caused a considerable impact on China's food security. Scholars across disciplines, international organizations, and especially policymakers are increasingly interested in food waste. Policies are seen as a powerful factor in reducing food waste, but current research on related policies is more scattered. This paper summarizes and analyzes the experiences of food waste policy development and implementation by systematically reviewing the studies on food waste reduction policies. The results of this paper's analysis show that current global food waste policies are focused at the national strategic level, with approaches such as legislation, food donation, waste recycling, awareness and education, and data collection. At the same time, we find that the current experience of developed countries in policy formulation and implementation is beneficial for policy formulation in developing countries. And taking China as an example, we believe that developing countries can improve food waste policies in the future by improving legislation, guiding the development of food banks, promoting social governance, and strengthening scientific research projects. These policies will all contribute strongly to global environmental friendliness. In addition, we discuss some of the factors that influence the development of food waste policies and argue that in the future, more consideration needs to be given to the effects of policy implementation and that case studies should focus more on developing countries. This will contribute to the global sustainable development process. [ABSTRACT FROM AUTHOR]

Green consumption has become an important part of an environmentally friendly society. Policy guidance can effectively promote green consumption. Green consumption policies are extensive because of the diversity of green consumption objects. However, the various objects are not completely isolated, and policy must have a certain level of consistency. Therefore, from the perspective of green consumption objects, this paper first uses the text mining method to mine 308 green consumption policies in China, analyzing the objects covered in China's green consumption policies. Then, the evaluation system of green consumption policy consistency was built, seven key policies were selected, and the PMC-index method was used to measure policy consistency. The results show that (i) the main objectives of China's green consumption policy are the promotion of green products and the efficient use of energy. Green services and green recycling have been subject to fewer policy efforts. (ii) In terms of the links involved in green consumption, China pays more attention to the supply and the consumption chain and less attention to the recycling chain. (iii) The quantitative evaluation results of the seven typical policies show that the policy consistency is good but not perfect. The policy shortcomings are mainly reflected in the incentive methods. Therefore, it is recommended to further improve the green consumption objectives and enrich the means and methods of green consumption guidance. [ABSTRACT FROM AUTHOR]

The double-carbon goal proposal has made it imperative for China's power industry to address the urgent issue of reducing greenhouse gas emissions from coal-fired power plants and promoting their clean and efficient use. A new approach to achieving peak-shaving and improving grid stability is the combination of carbon capture and storage (CCS) facilities with coal-fired power plants, which offers a strategic solution for mitigating climate change. Nonetheless, the viability of CCS retrofitting for coal-fired power plants in China hinges on its economic feasibility. The technical characteristics, economic analysis, and policy implications of clean coal-fired power plant equipped with CCS (CCP-CCS) technologies are evaluated in the paper. A comparison of the characteristics of different clean coal power generation technologies, including capacity, efficiency, coal consumption, and environmental performance, is conducted. The paper analyzes the economic feasibility of four typical clean coal power generation technologies, namely Supercritical (SC), Ultra-supercritical (USC), Integrated Gasification Combined Cycle (IGCC), and Circulating Fluidized Bed (CFB), both with and without CCS, using the levelized cost of electricity (LCOE) model. Financial parameters, investment parameters, operation and maintenance parameters, tax parameters, and capacity parameters are all considered in the LCOE model. The results indicate: (1) If CCS is not installed, the LCOE of USC power plants is the lowest at 0.37 yuan/kWh, while the LCOE of IGCC power plants is the highest at 0.44 yuan/kWh. (2) If CCS is installed, the LCOE of CFB units is the highest at 0.74 yuan/kWh, while the LCOE of USC units is the lowest at 0.60 yuan/kWh. (3) In sensitivity analysis, coal prices have the most significant impact on LCOE, followed by expected annual operating hours, while the cost of carbon capture equipment is the least sensitive. (4) The cost of retrofitting CCS on clean coal-fired power plants (CCP) is currently high, with an LCOE increase of around 40 to 70%, which is comparable to that of renewable energy electricity. This paper presents policy recommendations, including preferential loans, tax incentives, and R&D funding, to promote the development of CCP in China based on the economic analysis results and challenges faced by CCP. Additionally, the paper proposes relevant policy implications such as preferential loan policies, a diversified financing system, R&D and innovation, and the establishment of a carbon trading market for CCS in China to provide practical guidance for the promotion of CCP-CCS technologies in China. [ABSTRACT FROM AUTHOR]

Water has remained a source of contentious and cooperative politics among states since the Sumerian civilization. The field of hydro-politics, since its emergence in the 1990s, had taken note of dams as both a source of conflict between riparian neighbors owing to their threat to the life and property along the transboundary banks, and as a source of cooperation through effective water and knowledge sharing and infrastructural development, promoting peaceful negotiations in good faith in these matters. In this regard, the narrative and practice of infrastructural development by the great powers in their weaker riparian states to enhance their growth has emerged as a new means to increase great power states' power and influence in the international arena. China, in its race against the United States, has emerged as the world's largest dam builder, having extended its construction footprints across many parts of the globe. As rapid industrial development and resultant climate change intensifies the hitherto prevalent water crises, China, through a spate of dam-building among other things, has ensured its water, and consequently food, supply through the accumulation of real and virtual water networks, in a world where basic necessities are gradually becoming scarce. Through a descriptive study, this paper attempts to answer the question of what the implications of China's domestic, regional and global behavior of extensive hydro-infrastructural development are beyond the contemporary economic and political gains for itself. It argues that the objectives of China's dam-building transcend short-term economic and political gains, as it attempts to ensure the possibility of China's long-term hydro-stability in its quest to emerge at the lead of the evolving global order. [ABSTRACT FROM AUTHOR]

Green economic development is an effective tactic for China to cope with the predicament of resources and the environment. As "smoke-free industries", producer services are becoming the main contributors to urban green economic development (UGED). The paper adopts the super-efficiency EBM model to estimate the UGED index of 268 Chinese cities from 2005 to 2019. Based on the theoretical analysis, econometric models are constructed to systematically test how the specialized and diversified agglomeration of producer services impacts UGED. The findings reveal that both agglomeration modes considerably enhance UGED in the local area and its surroundings. Diversified agglomeration exerts a stronger radiation and promotion effect than specialized agglomeration. In addition, the impact of the two agglomeration modes on UGED demonstrates pronounced heterogeneity in urban scales, economic development stages, and industries. Furthermore, mechanism studies suggest that agglomeration substantially boosts UGED by improving human capital, technological innovation, and upgrading industrial structure. As such, our findings serve as an empirical basis for understanding the mechanism of the impact of PSA on UGED and also offer significant insight for local governments to adopt differentiated industrial policies to enhance the positive agglomeration effect on UGED. [ABSTRACT FROM AUTHOR]

There is a significant time lag in the process of sectoral interactions, thus, it is necessary to identify the sectoral carbon emissions in time series. This paper calculates the time lag of sectoral carbon emissions of China's industrial sectors and constructs the monthly consumption data of sectors of 24 months, then simulates the monthly carbon emissions in the year 2022, the results are as follows: The terminal manufacturing industries receive carbon emissions from many sectors, and the energy supply industry generates carbon inflows to all sectors. Due to the time lag effect, some of the carbon emissions generated in the current period come from carbon accumulation in the previous periods. There are great differences in the time lag of sectoral carbon emissions, the carbon emissions of the energy supply industry are concentrated in the early stage while the time lag of the communication equipment manufacturing industry is long. Sectors show differences of carbon emissions in time series due to their different final consumption. In the whole year, the degree of carbon emissions in January and February is low and that in December is high. [ABSTRACT FROM AUTHOR]

In this paper, we aim to analyze the behavior of developed-country acquiring firms in dealing with Cross-Border Mergers and Acquisitions location choices at both national and sub-national levels with the impact of carbon risk and heterogeneous environmental regulations (Government, Civil, and Market Environmental regulations) and to explore their Cross-Border Mergers and Acquisitions performances under different situations. A sample of 874 intra-manufacturing Cross-Border Mergers and Acquisitions completed by developed-country acquirers and conducted in developed countries and China during 2002–2021 was analyzed using logistic regression and multiple linear regression. The results show that: (1) Acquirers with higher carbon risks tend to choose China rather developed country as the target location, while this relationship is not strengthened by the home country's high-level environmental regulations; (2) At the sub-national level, Chinese provinces' government environmental regulations cannot impede acquirers to enter; what's more, the civil environmental regulations even attract these acquirers, this is particularly the case if the acquirer has high carbon risk; (3) Acquirers with higher carbon risks can achieve more performance, no matter whether they choose China as the target country. Our findings add insight into the effect of carbon risks on companies' decisions and the unique characteristics of the heterogeneous environmental regulations in China. What's more, implications are provided for Chinese regulators and policymakers, e.g., listening to the public opinion, improving the governance quality, and attracting foreign investors to help domestic industry upgrading and maintain long-run economic growth. [ABSTRACT FROM AUTHOR]

Background: China has made great progress in ecological restoration. However, there have been no analyses on ecological restoration for specific terrestrial ecosystems. This study identified the important knowledge gaps and advances related to terrestrial ecological restoration in China. Results: 7973 papers published between 1978 and 2020 were investigated and about 962 articles were used in this analysis after manually screening. Since the first large national ecological restoration project in 1978, the most frequently studied ecosystem has shifted from farmland ecosystems in 1978–2000 to forest ecosystems after 2000. Forests were the most common ecosystem type investigated, while less attention was paid to wetlands and riparian systems. Meanwhile, the most common ecological issue shifted from environmental pollution in 1978–2000 to the declining resource-carrying capacity of ecosystems after 2000. Studies of ecoregions on the Loess Plateau catchment accounted for more than 40% of papers reviewed in this study, with predominant emphasis on soil and water conservation functionality. Besides, revegetation and afforestation characterized most ecological restoration projects in China, but the natural restoration was relatively less adopted. Additionally, the important tool of reference ecosystem was only used in four studies. Conclusions: Ecological restoration has made significant progress in China. We investigated how the ecological restoration can be implemented more effectively. More projects should be implemented for restorative work in wetlands and riparian systems in future. The tradeoff between restorative activities, water resources, and carbon sink needs further research efforts. More emphasis on biodiversity conservation is warranted. Newly developed theory (e.g., stepwise ecological restoration) and the recently issued Chinese National Guidelines for Ecological Restoration Projects should be more effectively implemented in future restorative works. This study provides essential information for future restorative work in China. It also provides insights into the development of policy relevant to restoration and adaptive management during the U.N. restoration decade. [ABSTRACT FROM AUTHOR]

Despite the vast literature on the various determinants of happiness, very little is known about how financial and trade openness may affect people's happiness in the current literature. In this paper we attempt to fill in this blank using a large survey data from China. We find that while income inequality indeed has a significantly negative effect on happiness, there also exists a notable happiness-enhancing effect of openness via the inequality channel. Further analysis reveals that even after taking into account the possible happiness loss associated with openness, the net effect of openness on happiness remains positive in most cases. The results of the paper extend the previous literature by highlighting the important effects of financial and trade openness in improving people's happiness and how these effects may interact with income inequality. From a policy perspective, the results of the paper suggest that increasing openness of the economy would be an important strategy that policymakers could use to improve people's happiness, especially in the context of rising inequality in most developing and developed countries. [ABSTRACT FROM AUTHOR]

Cities are the main spaces to study a low-carbon economy. This paper introduces basic concepts covering "tolerance of planning carbon emissions," "inevitable carbon emissions" and "excessive carbon emissions," then discusses the problem with optimal city carbon emissions under the condition of tolerance. Theoretical analysis and scenario analysis were employed. First, according to optimal allocation theory of resources, we discuss how optimal society carbon emissions take place. Then, the deviation of optimal city carbon emissions was explored and analyzed, which was mostly caused by the missing price of carbon emissions allowance, excessive carbon emissions, and so on. Third, we analyzed optimal city carbon emissions under different conditions, in which different types of tolerance were included. Results show that theoretical investigations on optimal city carbon emissions provide relative ideas for determining control index and optimizing control countermeasures. Policy implications include improving the control index of city carbon emissions through environment enhancement, setting a reasonable control index of city carbon emissions under the consideration of the relationship between city economy and its environment, and establishing trading allowance and compensation mechanism of city carbon emissions, etc. [ABSTRACT FROM AUTHOR]

The relationship between environmental regulation and innovation has long been a key issue of scholarly interest. The Porter hypothesis posits that environmental regulations can effectively promote innovation. However, with the rapid development of the Internet, the relationship between environmental regulation and innovation has changed. Through a theoretical analysis, this paper finds that the development of the Internet can not only directly promote innovation but also inhibit innovation through environmental regulations. This paper uses Chinese city-level data from 2014 to 2016 to empirically test the relationship among the Internet, environmental regulation, and innovation. The study finds that (1) the increase in the Internet level and in the intensity of environmental regulations promotes innovation, and the results remain stable after the replacement of the Internet level metrics, (2) the increase in the Internet level inhibits the positive effect of environmental regulations on innovation, but its inhibitory effect is lower than the promotion effect of the Internet on innovation, and (3) the Internet and environmental regulations have a significant promotion effect on the application and acquisition of three types of patents, including invention patents, utility model patents and design patents, with the application and acquisition of utility model patents having the greatest promotion effect, and (4) the analysis of heterogeneity shows that environmental regulation has a greater effect on innovation in eastern and provincial capital cities, and the Internet has a greater effect on innovation in western and nonprovincial capital cities. Finally, this article puts forward policy recommendations based on three aspects: strengthening Internet construction, implementing environmental regulations and policies based on local conditions, and increasing support for R&D and innovation. [ABSTRACT FROM AUTHOR]

Why would an emerging market economy without Western democratic institutions provide and promote social welfare to its citizens? This paper explores the driving forces behind the rapid yet unequal expansion of social welfare in China, a phenomenon notable since the late 1990s. Rather than adhering to the conventional state-centered approach that views welfare expansion as a strategy for one-party regimes to seek legitimacy, this study offers an alternate perspective that emphasizes the 'demand' side, particularly the role of business. Through a systematic analysis of all 336 Chinese municipalities from 2001 to 2012, the study demonstrates how big businesses act as 'vanguard,' pushing local governments to enhance social welfare provision. It suggests that big businesses, in the absence of institutionalized democratic institutions, serve as 'functional equivalents,' channeling societal demands to the government. This paper also finds that firms' influence on social policy in non-democracies is more capability based instead of institutional based; large domestic and multinational corporations are more capable in lobbying the government. [ABSTRACT FROM AUTHOR]

China’s growing economic importance has led to a significant increase in the volume of empirical research about business and management in this country during the last few years. This study reviews the 180 empirical papers focusing on the Chinese context that were published in 12 leading international academic journals between 2000 and 2005. A summary of the methodologies used and the topics analysed is offered, along with various rankings of journals, authors, institutions, and papers. [ABSTRACT FROM AUTHOR]

This study examines sustainable development cooperation and the effectiveness of sustainable development partnerships in supporting national development in meeting Sustainable Development Goals (SDGs). This study focuses on SDG 17, "Building Partnerships for Sustainable Development" and takes the Lao Democratic People's Republic (Laos) as its case study. The study assesses Laos's socio-economic condition, development trajectory and SDGs. It evaluates Laos's development partnerships with China and the Belt and Road Initiative (BRI) and wider development diplomacy. The study adopts a political economy perspective, drawing in global major power competition. The paper argues that development partnerships are pivotal to success in achieving national and global development goals. Laos holds the ASEAN Chair through 2024, whilst experiencing severe economic challenges domestically. Moving between these two domains, Laos will seek to achieve balance and even-handedness between regional and global interests. Laos's long-standing development partnership with China and the BRI brings tangible results. However, the study concludes that greater diversification in building partnerships for development will provide additional support to Laos's development strategy. [ABSTRACT FROM AUTHOR]

The relationship between social factors and the formation of exported mug designs is blurred. This study addresses how they influence material design. Based on a quantitative typological analysis, this paper interprets the cultural relationships underlying the evolution of mug designs exported during the Ming and Qing dynasties. The study reveals: (1) the typology and handle styles of mugs can be categorized into six types, with a predominance of Cylindrical bodies and Ear-shaped handles. Notably, artistic emphasis is concentrated on Bulbous cup bodies and Tail outward curved handles; (2) the design of mugs in the eighteenth century exhibited diversity, morphological similarities, and feature continuity, evolving from representational (Ming Dynasty) to abstract and then to minimalistic styles (Qing Dynasty), particularly evident in the three-dimensional modeling of handles for ergonomic comfort (transitioning from a singular Outward curved form to Ear-shaped form, and then to Entwined branch form); (3) the body shape of mugs transformed from Arc-barrel bodies to Bulbous bodies (focusing on heat retention), and eventually to Cylindrical bodies (prioritizing heat retention, practicality, and cost-efficiency).; (4) the volume of mugs steadily increased from the early eighteenth century, generally classified into large volume (≥ 500 ml), medium volume (200-499 ml), and small volume (< 200 ml); (5) considering the extreme range of volume (11090 ml) and height (25 cm), it indicates that these two variables do not necessarily have a direct positive correlation; (6) the low center of gravity in handle design (average width of 3.4 cm against an average height of 9.9 cm for the body) reflects considerations for the distribution of liquid weight and operational convenience. The volume of sample-10 (11127 ml) notably exceeds the typical range for tea-drinking utensils, revealing the mechanism of wealth and status symbolism. Market demand orientation emerged as the primary driver for the evolution of export mug designs during the Ming and Qing Dynasties, with adjustments in the merchant system playing a secondary role. The transformation in mug design reflects the interplay of multiple factors, with the trend toward minimalist design being a response to market demands. [ABSTRACT FROM AUTHOR]

Support vector machine (SVM) is a widely used algorithm in the field of machine learning, and it is a research hotspot in the field of data mining. In order to fully understand the historical progress and current situation of SVM researches, as well as its future development trend in China, this paper conducts a comprehensive bibliometric study based on the publications from web of science database by Chinese scholars in this field. First, this paper focuses on some of the basic characteristics of the research publications of SVM in China, including important journals, research institutions and countries/regions, most cited publications, and so on. Then, based on the knowledge mapping software VOSviewer, the cooperation between other countries and China as well as the cooperation between research institutions in China are explored. Finally, VOSviewer based bibliometric visualization graphics are used to identify the changes of the research hotspots in the SVM field. This paper provides a relatively broad perspective for the evaluation of SVM scientific researches, and reveals the development trend in this field. [ABSTRACT FROM AUTHOR]

The objective of this paper is to explore the interconnectedness of volatility among the stock markets of U.S., China, India, and Pakistan in conjunction with oil and gold markets. Employing the novel Time-Varying Parameter Vector Autoregression (TVP-VAR) model for assessing connectedness, the study scrutinizes key patterns of dependency and interrelation between these markets. Furthermore, this study investigates the dynamic connectedness during the global health crisis due to COVID-19 and the geopolitical crisis due to Russia–Ukraine war periods to identify the changes in their relationship following the two crises episodes. The findings underscore the significance of volatility transmissions emanating from the U.S., a developed market, in shaping these dynamic linkages. It is observed that oil and gold returns play a limited role as sources of shocks for market returns in China, India, and Pakistan, suggesting a relatively lower contribution of oil and gold to equity market volatility. The results also emphasize the safe-haven characteristics of gold during periods of crisis such as the COVID-19 pandemic and the Russia–Ukraine war. Moreover, the study indicates that the volatility transmissions during the COVID-19 pandemic are more pronounced compared to the Russia–Ukraine war crisis. These findings hold notable implications for both investors and policymakers, emphasizing the need for a nuanced understanding of market dynamics and the development of risk-averse strategies, particularly in times of crisis. [ABSTRACT FROM AUTHOR]

China communicates strategic narratives about artificial intelligence (AI) in digital media productions to create a shared meaning about its actions and its image in the global race to develop AI. Building upon the literature in emotions and strategic narratives, this study seeks to clarify which emotions are discursively used in China's international AI narratives, and their function and significance. Specifically, the study investigates emotion discourses in AI-focused videos disseminated on China's international broadcasting (CGTN YouTube channel). The analysis reveals that pride, hope and fear discourses have multiple functions in China's international AI narratives on CGTN. Hope is used to represent China as a key competitor in the global AI race, who is catching up to the US. China uses pride to showcase its advances in AI applications, to highlight its transformation of traditional industries, and to identity itself as equal to the US. Fear is used to frame US's perception of China's AI developments, to suggest their crisis of confidence, but also to refute the "China threat". Additionally, the fear discourse is used to deliberate anticipated risks, particularly on job loss and data privacy. These emotion discourses forge China's identity as a future global AI power. The paper then discusses how these findings contribute to key debates about Chinese discourse and media strategy. [ABSTRACT FROM AUTHOR]

Despite growing scholarly attention on the role of urban networks for understanding regional dynamics, there has been limited research examining the impact of cities' transportation network connections on regional market integration. This paper analyzes China's four major urban agglomerations: the Yangtze River Delta, the Pearl River Delta, Beijing-Tianjin-Hebei, and Chengdu-Chongqing. Applying a spatial Durbin model to cross-sectional datasets for 2019, we provide insight into the role of cities' transportation network connections in promoting regional market integration, considering both the potentially heterogeneous impact of network connections and the interplay between network and agglomeration externalities. Our results indicate that: (1) cities' transportation network connections have an inverted 'U'-shaped effect on regional market integration; (2) transportation network connections have spatial spillover effects; (3) the positive impact of transportation network connections on regional market integration becomes more pronounced as city size decreases; and (4) there are neither complementary nor substitution effects between network and agglomeration externalities. We reflect on the broader implications of our empirical findings for regional development strategies and discuss possible avenues for further research. [ABSTRACT FROM AUTHOR]

The utilization efficiency of agricultural water resources has an overall and long-term impact on agricultural development. However, owing to serious wastage of agricultural water resources for a long time, low utilization efficiency of such water resources has become a common problem in developing countries. Past studies have paid scant attention to the impact of soft factors, namely farmers' educational level and market-oriented reforms, especially in a quantified form, on the improvement of agricultural water utilization efficiency. This study adopted the system Generalized Method of Moments estimation method of a dynamic panel model and used provincial panel data from China for 2007–2020 period. The results show that the utilization efficiency of agricultural water resources can indeed be improved by either promoting farmers' education levels or deepening market-oriented reforms. However, with the advancement of market-oriented reforms, the influence of farmers' education level on the utilization efficiency of agricultural water resources gradually weakens, which is due to the "agricultural to non-agricultural" effect. Finally, this paper proposes policy suggestions to improve the utilization efficiency of agricultural water resources from three perspectives: improving the education level of farmers, optimizing the agricultural water pricing system, and improving the agricultural water rights trading system. [ABSTRACT FROM AUTHOR]

What type of investment strategies are effective for foreign venture capital (VC) firms investing in transition economies? This is the research question we address in this paper by analyzing recent institutional developments and investment activities of foreign VC firms investing in China. We find that foreign VC firms identify China as lacking fully-developed institutions necessary to effectively support VC investing. We further find that foreign VCs have evolved unique proactive, hands-on investment strategies via a bumpy road of investing in China: initially dominating the Chinese VC industry, but since the great financial recession playing a still-significant but reduced and disadvantaged-role subservient to the rapidly increasing role of domestic VC firms. We developed a novel triangulation research methodology that allows us to provide significantly more depth in our analysis of how foreign VCs compete in transition economies. This research contributes to both the institutional theory and VC investing literatures. We suggest that foreign VCs can increase their competitive advantage by developing hands-on value-added investing strategies, when investing in transitioning markets. [ABSTRACT FROM AUTHOR]

Henan Province is the birthplace of Chinese civilization and one of the earliest human settlements, which means that the area has an important national cultural heritage. Traditional villages are an important facet of this cultural heritage, and studying their spatiotemporal characteristics in different periods has important theoretical and practical significance for the sustainable development and protection of cultural heritage in the region. This paper takes the traditional villages of the Yellow River basin in Henan Province that were formed before 1919 as the research object. Information on the ancient river was obtained through a literature search as well as via field research, and the important tributaries of the Yellow River in different periods were mapped using ArcGIS 10.0 software. The nearest neighbor index, kernel density estimation, standard deviation ellipse and other methods were adopted to analyze the spatiotemporal characteristics of the traditional villages. The factors that influenced the evolution of traditional villages were explored in depth by combining changes in the course of the river and water conservancy projects. The results show that the formation of traditional villages along the Yellow River in Henan Province has experienced a historical track of growth, contraction, growth and prosperity and stability. The traditional villages along the Yellow River in Henan Province generally show a clustered pattern, forming a dense concentration of traditional villages in the middle reaches of the Yellow River. The center of gravity shows a migration trend from southeast to northwest. In terms of influencing factors, the spatiotemporal evolution of the relationship between villages and their distance to water is closely related to climatic fluctuations, changes in channel, water conservancy projects and social and cultural factors. This paper deepens our understanding of the relationship between traditional village evolution and watersheds by improving the consistency between village spatial distribution and historical geography and provides a useful theoretical reference for the sustainable development of China's traditional villages. [ABSTRACT FROM AUTHOR]

Environmental resources play an extremely important role in economic development. In the context of China's economic development entering a new normal, attaching importance to environmental protection and strengthening environmental regulations will have an important impact on the original foreign direct investment (FDI) and China's economic development. Therefore, this paper combines the characteristics of the "new normal" of China's economic development, takes 30 provinces in China from 2008 to 2017 as the research object, and uses the PVAR model and impulse response function to re-verify the interaction mechanism and path among environmental regulation, FDI and high-quality economic development. The study found that: (1) There is an obvious mutual promotion relationship between environmental regulations and the quality of China's economic development and economic development environment. Strengthening environmental regulation is conducive to the realization of China's economic "new normal" development goal. (2) Although the strengthening of environmental regulation will have a significant constraint effect on FDI and China's economic growth rate, but the effect is relatively small. (3) FDI and economic growth rate variables are mutually motivated and promote each other, but both of them have a significant inhibitory effect on regional environmental regulation. In general, under the background of the "new normal" of China's economic development, appropriately increasing the intensity of environmental regulation is not only conducive to environmental protection and promoting high-quality and sustainable economic development, but also can serve the purpose of guiding the structure of foreign investment and transforming the mode of economic growth. [ABSTRACT FROM AUTHOR]

Based on public data such as the Educational Statistics Yearbook and the National Statistics Yearbook, this paper analyzes the equalization trend of fundamental education in the Tibet Autonomous Region (hereinafter referred to as Tibet), China, using data on running conditions in primary and middle schools in Tibet from 2013 to 2020, and carries out clustering of the rankings of data from China in 2020. The results show that the equalization level of primary and middle education in Tibet has continuously improved from 2013 to 2020. This is evidenced by the increases and improvements in education funding per student, student-teacher ratios, numbers and academic qualifications of teachers, per capita teaching areas and per capita teaching assets. In 2020, the per student education fee in Tibet took the lead in China's 31 provincial regions, and the student-teacher ratio was close to the national average. Running conditions in primary and middle schools in Tibet still require improvement. This is reflected in the low proportion of full-time teaching staff in primary and middle schools, lack of teachers with senior professional titles in middle schools, area of auxiliary teaching facilities (laboratories, computer rooms, gymnasiums, etc.) in middle schools, and especially in high schools, and shortage of teaching assets (books, computers, multimedia classrooms) in middle schools. [ABSTRACT FROM AUTHOR]

This study empirically investigates the impact of natural resource revenues on China's financial sector's indicators, financial intermediaries, economic and institutional quality indicator; China, a nation that is supposedly immune to the resource curse, is used as a case study in this research from the duration 2001 to 2020. In this investigation, Fourier ADF and FGL were used together with the structural break unit root test for cointegration as well. In order to assess the long-term link, a newly created bootstrapped ARDL was used. As a result of the newly suggested Fourier ARDL, BARDL's resilience is further enhanced. It has also been calculated using Dynamic Ordinary Least Squares (DOLS). Single and cumulative Fourier frequency methods are used to study how parameters respond in a casual manner. In this paper, fresh and substantial empirical evidence is presented to demonstrate the financial services and natural resources curses. Although the research indicated a favorable correlation between natural resources and financial sector development, it also confirmed the financial position capacity sustenance theory. Administrative qualities and natural resources are intertwined, as are natural resources and financial development. When natural resource revenues are properly channeled via financial institutions and stock returns, they may stimulate economic development. [ABSTRACT FROM AUTHOR]

By presenting an investigation of the impact of international trade protectionism on the reconfigurations of the global value chains (GVCs), this paper challenges the perceived assumption of ongoing globalization and the free flow of goods and services. Building on the de-globalization and GVCs' literature, we performed a historical content analysis on 174 articles from 2016 to 2020 published in leading and major national and international newspapers. Our findings suggest that international trade protectionism has altered the landscape of GVCs by causing widespread disruption to their functioning, thus making them prone to future external policy risks. Such disruption is having a varying impact on various industries, whereby it is causing greater harm to those industries that are more global in nature and thus rely on global suppliers. We draw implications of our findings for research and practice. [ABSTRACT FROM AUTHOR]

This paper provides an analysis of China's land border cultural heritage, aiming to offer guidance for its protection and development. The study compiled a comprehensive database of heritage sites and analyzed their mathematical characteristics based on quantity, type, and quality. The spatial pattern of the cultural heritage was described using kernel density analysis, spatial variability, and spatial correlation, while the driving mechanism was measured based on Geo-Detector model. The findings revealed that the land border areas of China have a total of 1227 cultural heritage, comprising two main types and 18 subtypes. National cultural heritage accounted for 22.74%, with ancient city ruins being the largest type of cultural heritage. The Southwest and Northeast regions of China exhibited high-high clusters and low-low clusters, respectively. Moreover, the study identified history of administrative succession, evolution of historical and cultural, altitude, distance from the city, population density, minority population ratio, urbanization process, and per capita GDP as significant factors impacting the spatial pattern of land border cultural heritage in China. Based on these findings, the study suggests that the government should invest more in border cultural heritage, improve transportation infrastructure in border areas, ensure dynamic inheritance and protection of cultural heritage, and promote the joint development of different types of cultural heritage. The research results will provide data support and decision-making reference for the sustainable development of cultural heritage in land border areas, and can provide a new perspective for the management of cultural heritage in similar areas. [ABSTRACT FROM AUTHOR]

China's rapid industrialization has brought about a series of severe resource and environment problems. The systematic analysis of industrial resource and environment pressures is of great theoretical and practical significance for promoting the green transformation of China's industrial. Taking 285 prefecture level and above cities in China as the research objects, this paper constructs the evaluation index system of industrial resource and environmental pressures, uses ArcGIS spatial analysis method, variation coefficient and Taylor index to analyze the spatial differentiation characteristics of industrial resource and environmental pressures in China from 2006 to 2019 at national and regional scales. Based on spatial Dubin model, the main influencing factors of industrial resource and environmental pressures in China are analyzed. The results show that: ① The industrial resource pressure in China is increasing and shows the spatial change characteristics of gradually decreasing from coastal to inland areas. The degree of spatial agglomeration is increasing, and the hot spots of industrial resource pressure are concentrated in the Yangtze River Delta and Pearl River Delta region, the scope of hot spots is expanding. ② The industrial environmental pressure in China shows a fluctuating downward trend, and the spatial differentiation characteristics are "high in the east and north, low in the west and south". Areas with high industrial environmental pressure are mostly located at the junction of provincial administrative regions, the degree of spatial agglomeration is declining, and hot spots are transferred to the Bohai Rim and Yangtze River Delta regions.③ The factors with significant positive correlation with China's industrial resource pressure are total industrial assets, industrial added value and three industrial wastes average treatment rate, and the factors with significant negative correlation with China's industrial resource pressure are the number of industrial enterprises, labor productivity and the proportion of the output value of foreign-invested industrial enterprises in the total industrial output value. ④ The factors with significant positive correlation with China's industrial environmental pressure are the total industrial assets, and the output value of foreign-invested industrial enterprises in the total industrial output value, the factors with significant negative correlation with China's industrial environmental pressure are the three industrial wastes average treatment rate, and labor productivity. [ABSTRACT FROM AUTHOR]

As the largest and fastest-growing transition economy in the world, China has seen both the growth of entrepreneurship and increasing scholarly endeavors in this area. To gain an in-depth insight into the evolutionary themes of entrepreneurship research in China, the present study applied a combination of co-word and critical event analysis to examine the co-evolution path of entrepreneurial activity and transition process. By investigating 277 articles published in 23 leading international academic journals from 2005 through 2019 along with several contemporaneous critical events, this paper finds that entrepreneurial studies have become more complex and diverse along with the growth of entrepreneurial activities. It implies a positive impact caused by China's market transition on entrepreneurial opportunities which has further given rise to the development of academic inquiry in the area. [ABSTRACT FROM AUTHOR]

Straw used to be an important raw material for heating, cooking, and raising livestock in rural areas. However, with the development of the economy, straw burning poses a great threat to the environment. Straw return is of great significance for realizing carbon peaks and carbon neutrality because of its ecological value and economic value. Based on the survey data of 540 households in Sichuan Province, China, the Probit model and CMP model are used to empirically analyze the influence of environmental policy on farmers' active straw return and its mechanism. The results show that: (1) 65.9% of farmers actively return straw to the field, and 34.1% of farmers passively return straw to the field. (2) environmental policies significantly promote farmers' initiative to return straw to the field, in which the influence of economic rewards and punishments is greater than that of administrative guidance. (3) Government propaganda and government training in government administrative guidance can promote farmers' active straw return by raising their awareness, with intermediary effects of 76.05% and 60.14%, respectively. (4) Female heads of households, high education level of heads of households, and high family income can also positively promote farmers' active straw return. [ABSTRACT FROM AUTHOR]

This paper explores how a region in a developing country can trigger and strengthen the positive impacts of the Internet on farmers' income, using the case of flower and tree industry cluster in Shuyang County, Jiangsu Province, China. It finds that the combination of macro-level Internet popularization, micro-level Internet use, and local endowment conditions triggers the effect of the Internet on increasing farmers' income. The case also shows that the continuous enhancement of this effect is essentially because internal supply can adapt to the continuous online migration of external demand and make creative adjustments, thereby achieving the cumulative fit of internal supply and external demand. This study can provide empirical evidence from China for the digital dividend issue in rural areas of developing countries, and provide a reference for developing countries to promote the role of the Internet in empowering farmers and increasing their incomes. [ABSTRACT FROM AUTHOR]

The article explores tactics to promote natural resource market efficiency to enable a thorough and sustainable energy transition. The research investigates the natural resource market's critical influence on developing sustainable energy practices through a comprehensive analysis of critical publications. The paper analyzes the relationship between financial security, industrial composition, natural resources, and their efficiency using the 2004–2019 entropy weight approach and the level of coupling coordination evaluation method. The summary highlights the need for all-encompassing strategies and examines how maximizing the effectiveness of natural resource usage might advance a sustainable energy transition. The shift, essential to reducing climate change, requires a deliberate concentration on regulatory frameworks and market processes. This study provides insights into possible avenues for improving the natural resource market's efficiency to encourage a long-lasting and sustainable energy transition via a review of recent research. [ABSTRACT FROM AUTHOR]

In light of the growing economic might and intensification of global activities of Chinese multinational enterprises (MNE), this paper looks into the nature of their corporate social responsibility (CSR) reporting. CSR communications of the largest Chinese companies and their counterparts from advanced economies have been compared based on quantitative and qualitative content analysis of CSR reports. A mixed method approach has been rarely utilized in the analysis of CSR reporting. To analyze CSR reports the paper uses a two-dimensional conceptual framework based on Wood (Acad Manag Rev 16:691–717, 1991); Jamali and Mirshak (J Bus Ethics 72:243–262, 2007) and Lockett, Moon and Visser (J Manag Stud 43:115–136, 2006); Moon and Shen (J Bus Ethics 94:613–629, 2010). The findings indicate that quantitatively Chinese MNEs display patterns of CSR reporting comparable to major MNEs in developed economies. This paper argues that just like MNEs from developed economies Chinese MNEs use a global CSR reporting template as a convenient tool to align and harmonize various isomorphic pressures. However, qualitatively substantive discrepancies in content have been also identified due to national or other contextual characteristics. The analysis reveals a complex picture of national and international isomorphic forces at play. The paper addresses the lack of consensus concerning convergence/divergence of CSR reporting across the globe and, more specifically, between developed economies and emerging markets. In this respect this paper responds to the general call for research looking into various aspects of business operations, including CSR reporting, of MNEs from emerging markets. [ABSTRACT FROM AUTHOR]

The new coronavirus (COVID-19) has generated an unprecedented degree of social and economic impact on the planet, but few researchers have explored the repercussion of COVID-19 for sustainable development (SD) and corporate social responsibility (CSR), especially from the perspective of Chinese businesses. This paper is the first to outline the priority changes of both SD and CSR over the period of COVID-19 incidence in China. An online questionnaire survey of 1161 owners and managers of Chinese companies was conducted, and respondents were asked to score the priorities of their company over the pre, during and post COVID-19 periods. The research was carried out at the end of the first COVID-19 wave in China but during the period of lockdown in some parts of the country. It was found that there was a priority change regarding three dimensions of sustainable development and 13 aspects of CSR. While the social dimension of SD was prioritized during and post COVID-19, the environmental dimension was the only one deemed to be less important and less prioritized over the longer term after the pandemic. The top three short-term CSR priorities were having in place a workplace health and safety plan, engaging in philanthropic activities and protecting biodiversity, and the top three longer-term CSR priorities were job creation, protecting biodiversity and having in place a workplace health and safety plan. Environmental protection and using clean energy were not reported as a CSR priority. The paper concludes that China's recovery mode cannot be called 'green' and suggests ways this could be changed. [ABSTRACT FROM AUTHOR]

This paper seeks to demystify and characterize China's official development finance by examining lending mechanisms of China's two policy banks—China Development Bank and Export-Import Bank of China. Using quantitative and qualitative data, the paper shows how and why policy banks implement a peculiar means of development finance, i.e., funding projects in developing countries with relatively high-interest rate loans, differing from low-interest rate development-finance credits from industrial countries. The paper argues that China's official development finance is not only about practicing economic statecraft or facilitating export-led growth; it is also the internationalization of a development-finance model that has facilitated its own development in the past decades. In this model, the state does not play a direct role in allocating fiscal revenue; rather, it plays an indirect role in enhancing creditworthiness of projects and making them financially viable. The "state-supported, market-based" Chinese credits reshape development finance and offer an alternative option for the developing world. [ABSTRACT FROM AUTHOR]

As the world's largest carbon dioxide emitter, China is curbing coal consumption and increasing natural gas and renewable energy consumption to curb the increase in carbon emissions. At the same time, China is still the largest developing country in the world. Therefore, it is very important to investigate the links between different types of energy consumption, economic growth, and carbon emissions. In this paper, impulse response functions and Granger causality test based on time-varying parameters vector autoregressive model are used to explore the time-varying relationship among CO2 emissions, economic growth, and heterogeneous energy consumption (coal, gas, oil, and renewable energy) in China over the period 1980–2019. The results show that reducing coal and oil consumption and increasing natural gas and renewable energy consumption will not significantly hinder economic growth. In addition, in the long run, reducing coal and oil consumption and increasing renewable energy consumption can significantly reduce carbon emissions. However, after 1998, increasing natural gas consumption will significantly increase carbon emissions. This study reveals the time-varying relationship between heterogeneous energy consumption, economic growth, and carbon emissions, and provides suggestions for China to achieve low-carbon economic growth. [ABSTRACT FROM AUTHOR]

The impact of the climate change on the real economy and financial system has aroused great concern from the Chinese government and financial regulator. The objective of this paper is to examine the impact of climate risk on bank loan supply by using the sample of 403 commercial banks from China over the period 2008–2018 and fixed effects panel regression models. Our empirical studies obtain four findings. First, climate risk has a significant negative impact on the bank loan supply. Second, this adverse effect of climate risk can be mitigated by government's climate protection performance and monetary expansion. Third, climate risk can inhibit loan supply through reducing banks' risk appetites and decreasing their deposits. Finally, the negative influence of climate risk on loan supply is more pronounced for banks with less deposits and banks located in coastal areas. One policy implication is that commercial banks should adjust the structure of credit business and innovate loan products. [ABSTRACT FROM AUTHOR]

Copyright of Advances in Atmospheric Sciences is the property of Springer Nature and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The importance of carbon emissions reduction notwithstanding, the issue of its inequality should also elicit the urgent attention of scholars. This paper first evaluates the carbon inequality between urban and rural areas based on a panel dataset of 30 provinces in China from 2006 to 2019. Then we quantitively investigate the role of digital economy development in reducing carbon inequality. We further explore the possible moderating role of residential disposable income in the rural areas and the impact channels in the nexus between digital economy development and carbon inequality. We find that (1) the relationship between digital economy development and carbon inequality is negative, and digital economy development exerts a significant mitigating impact on carbon inequality. (2) The nexus between digital economy development and carbon inequality is heterogeneous in terms of capital: provinces endowed with lower levels of social and human capital tend to exhibit a stronger connection between digital economy development and carbon inequality. (3) Rural residential disposable income can not only reduce carbon inequality, but can also show a synergistic effect with digital economy development, which means the interaction between rural residential disposable income and digital economy development also restricts carbon inequality significantly. (4) Digital economy development works on carbon inequality by increasing environmental regulation and technology innovation, and these two channels show a mitigating impact on carbon inequality. We propose several policy implications to accelerate the reduction of carbon inequality and the improvement of digital economy development. [ABSTRACT FROM AUTHOR]

Copyright of Advances in Atmospheric Sciences is the property of Springer Nature and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Over the last decades, China has rapidly increased its influence throughout the South Asian region, using both its hard and soft power tactics. China has succeeded in eclipsing India's influence and emerged as an important player in the region. China is making inroads in South Asia by making huge investments and constructing roads, highways, railways, sea ports, bridges, power grids, dams, and public buildings. China is pursuing a foreign policy that aims to advance its strategic and economic interests while trying to imbalance India's predominant position and contain India within the boundaries of South Asia. This is to prevent the rise of a peer competitor that can challenge or hinder the rise of China as a sole Asian power. This paper argues that the geostrategic situation of South Asian countries is such that they pose threats to India's security by aligning with the extra-regional powers. Hence, China's expanding strategic and security ties with South Asian countries have wider implications for India's security due to the complex and sensitive nature of its relationship with China. The theoretical approach of Power Transition Theory has been utilized to analyze the Sino-India power rivalry and China's growing threat to India's security. [ABSTRACT FROM AUTHOR]

The evaluation on the performance of environmental regulation is among the hottest topics in environmental economics and management. Although industrial enterprise is the major regulatory objects of pollution control, the firm-level pollution abatement effect of environmental regulation has been rarely examined by existing literature. This paper attempts to fill this research gap by investigating the moderating effects of firm heterogeneity on the pollution abatement effect of environmental regulation in China. We establish a theoretical framework which demonstrates that firm heterogeneity determines firms' compliance capability and willingness through firms' absorptive capacity, bargaining power, and environmental awareness and then influences firms' environmental performance under regulatory pressure. Combining firm-level data of pollutant emission with province-level data of environmental regulation, we empirically examine the moderating role of firm heterogeneity on the performance of environmental regulation. We adopt a moderating effect model and estimate it with Logit regression method. It is found that environmental regulation performs better in enterprises with high capital intensity, high total factor productivity (TFP), as well as in state-owned enterprises, export enterprises, and listed companies. In particular, command-and-control regulation performs better in domestic firms than in foreign-owned firms, while the performance of market-based regulation is just the opposite. It is also found that the moderating effect of firm heterogeneity on the performance of environmental regulation varies with regions and industrial sectors, especially for the moderating role of capital intensity and TFP. These findings help to understand the enterprise environmental behavior and provide insights on targeted and differentiated environmental governance from a micro-point of view. [ABSTRACT FROM AUTHOR]

Adipic acid is an important petrochemical product, and its production process emits a high concentration of greenhouse gas N2O. This paper aims to provide quantitative references for relevant authorities to formulate greenhouse gas control roadmaps. The forecasting method of this paper is consistent with the published national inventory in terms of caliber. Based on the N2O abatement technical parameters of adipic acid and the production trend, this paper combines the scenario analysis and provides a measurement of comprehensive N2O abatement effect of the entire industry in China. Four future scenarios are assumed. The baseline scenario (BAUS) is a frozen scenario. Three emission abatement scenarios (ANAS, SNAS, and ENAS) are assumed under different strength of abatement driving parameters. The results show that China's adipic acid production process can achieve increasingly significant N2O emission abatement effects. Compared to the baseline scenario, by 2030, the N2O emission abatements of the three emission abatement scenarios can reach 207–399 kt and the emission abatement ratios can reach 32.5%–62.6%. By 2050, the N2O emission abatements for the three emission abatement scenarios can reach 387–540 kt and the emission abatement ratios can reach 71.4%–99.6%. [ABSTRACT FROM AUTHOR]

This paper introduces the second phase of the Grain for Green. The first phase ran from 1999 to 2014, and the second phase started in 2015. The second phase of the GfG (GfG/2) addresses some problems of the first phase (GfG/1), in particular the lack of income for the farmers, as well as some changes to the rural areas, in particular the small number of remaining farmers. The paper describes how the GfG/2 (unlike the GfG/1) encourages farmers to organize themselves in cooperatives, or work with investors, and grow fruit trees to generate sustainable incomes. The paper also describes the constraints that prevent the smooth implementation of the GfG/2, in particular the insufficient financial support, the fact that some of the land that should be converted is "essential farmland", and the small and scattered pieces of farmland. The paper argues that in spite of this, the program is likely to succeed, and help farmers generate sustainable incomes. The paper is based in four periods of fieldwork in Chongqing Municipality, Shaanxi Province, and Yunnan Province and extensive interviews of farmers and government officers. [ABSTRACT FROM AUTHOR]