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In order to better promote the development of circular economy, this paper introduces the current international eco-efficiency indicator system used to measure the development of circular economy, and points out that the eco-efficiency indicator system will be an important method for analyzing environmental efficiency in social economic activities. Moreover, this paper combines the actual needs to construct an ecological economy development efficiency evaluation system based on the intelligent DAE model. In addition, this paper combines the specific situation of regional circular economy development, further points out the main indicators that the eco-efficiency indicator system should include, and introduces the experience of establishing circular economy indicators in developed countries. Finally, this paper uses the eco-efficiency index system to evaluate the development of Qingdao’s circular economy, and design experiments to evaluate the efficiency of the system constructed in this paper. The research results show that the evaluation system of the intelligent ecological economy development efficiency constructed in this paper has a certain effect and has certain significance for the development of ecological economy.

Promotion of regional stock market integration is critically meaningful for regional development. Since last couple of decades stock markets Integration has been widely seen as the most exciting and promising area for investment, especially because they are expected to generate high returns and to offer good portfolio diversification opportunities. Consequently, these markets have known a considerable expansion. For this motive, we examine the integration of principal Asian equity markets namely; Taiwan, Sri Lanka, Korea, China, Japan, Malaysia, Hong Kong, India, Singapore and Pakistan employing ARDL bounds testing approach to co-integration and VECM. The study employed monthly stock indices data covering from July 1997 to June 2015. For this purpose list of following indices are used to represent the markets: TSEC weighted index for Taiwan, CSE for Sri Lanka, KOSPI composite index for Korea, SSE composite index for China, Nikkei 225 index for Japan, FTSE 100 index for Malaysia, Hang Seng index for Hong Kong, BSE Sensex for India, Strait Time Index for Singapore and KSE 100 index for Pakistan. We investigate null hypothesis (H0) of no long run relationship as well the direction of causality in case of rejection of (H0). Study explore the Asian markets are integrated during sample period of pre- and post-2008 U.S sub-prime crisis which is in line with prior literature, to extent, this study further explore more attractive results of integration among sample indices and concludes that adjustment of (ECT-1) improved expressively in post-crisis period compare to pre-crisis period over sample years. This implies that the strength of long-run relationship among Asian markets increase over the post-crisis period. The overall comparison results of sample Asian stock indices pre- and post U.S sub-prime crisis conclude that, the integration of sample indices are more strengthen in Asian markets after the global financial crisis. It would be interesting to further explore the factors leading for market integration like, trade flow of the countries, foreign institutional/private portfolio investments, previous equity returns and more precisely put on structural breaks to measure the strength of US crisis period. In addition, it would be more strengthen to make sound policy coordination among Asian region to overcome the influence of economic instabilities and financial fluctuations.

Fronting stress from a progressively competitive business environment, enterprises have, over the years, employed trainings in order to have more efficient work force and also to enhance performance. The drive of this study is to ascertain different problems to e-learning that small and medium enterprises faced in their training process and attests, through a case study, how well e-learning could resolve some of many hitches identified. This study also identifies how e-learning can enhance small and medium sized enterprises performance.