Chinese Characteristics Research Articles

Guidance Certification Effect and Governance Supervision Effect of Government Investment Funds

The establishment of government investment funds serves as a crucial measure for governments at all levels to leverage their certification role and financial resources in attracting social capital to support enterprise development. This paper empirically examines the guiding certification effect and governance supervision effect of government investment funds on enterprise value enhancement, utilising panel data from listed companies and government investment fund investment event data spanning the period from 2011 to 2021. The research findings reveal that government investment funds significantly enhance the value of recipient enterprises. By leveraging their guidance and certification effects and governance supervision effects, these funds alleviate financing constraints, actively participate in corporate governance, and ultimately enhance corporate value. The impact of government investment funds is negatively moderated by the age and size of the enterprise, indicating that the “invest in early-stage and small businesses” investment strategy yields better results in promoting value enhancement. Furthermore, heterogeneity analysis demonstrates that government investment funds have a more pronounced impact on the value of non-heavily polluting industries, enterprises located in the eastern and southern regions of China, and non-state-owned enterprises. This article expands the research scope of government investment funds at the micro level, providing empirical evidence and theoretical support for optimising government investment funding policies and fostering the development of a modern capital market with distinctive Chinese characteristics.

Political connections and corporate ESG performance

With the popularization of the concept of sustainable development, corporate ESG performance has attracted more and more attention from all walks of life. However, there is still a lack of in-depth discussion on what factors affect corporate ESG performance, especially in a political and economic system like China. This article takes A-share listed companies as a sample to empirically analyze the impact of political connections on corporate ESG performance. The study found that political connections can promote corporate ESG performance by increasing media attention and reducing financing constraints. Further research found that this promotion performance is more significant in non-state-owned enterprises. This article combines the national conditions with Chinese characteristics, enriches the research on the factors that promote corporate ESG performance from the government perspective, and deepens the research on the role and consequences of political connections.

Comprehensive Analysis of the Socio-Economic Situation of Zhejiang Province

Socialism with Chinese characteristics has entered a new era, and achieving high-quality economic development is an important task for building a modern socialist country in an all-round way. The report of the 20th National Congress of the Communist Party of China pointed out that consumption and disposable income play a key role in economic development. This paper uses two statistical analysis methods, descriptive statistics and linear regression analysis, and analyzes the socio-economic and economic situation of Zhejiang Province in China according to the economic and social development index of residents' disposable income, and analyzes the problems of economic and social development faced by Zhejiang Province and discusses solutions, so as to promote the comprehensive, sustainable and healthy social and economic development of Zhejiang Province.

Enhancing Health Capital and Promoting Common Prosperity from the Perspective of Emerging Technologies

Achieving common prosperity is the essential requirement of socialism with Chinese characteristics and requires promoting social fairness and justice by improving the health level of the entire population. Health capital plays a crucial role in personal development, social mobility, and economic growth. However, health disparities among different groups also constrain income distribution and social mobility. In the process of building a healthy China, emerging technologies have provided new paths for narrowing health inequalities and improving health capital. This paper first analyzes how inequality in health capability affects social mobility and then explores the application of emerging technologies such as internet healthcare, artificial intelligence, wearable devices, and genetic technology in promoting public health. It also presents practical cases to demonstrate the positive role of these technologies in improving medical efficiency and quality. In terms of theoretical foundation, the paper comprehensively applies theories of human capital, social stratification, and public economics, striving to deepen the understanding of the relationship between health and common prosperity from an interdisciplinary perspective. Finally, policy suggestions are put forward in terms of optimizing fiscal expenditure structure, improving health insurance, and incentivizing health promotion. The challenges and countermeasures that may be faced in policy implementation are also discussed. Narrowing the health gap requires leveraging the empowering role of emerging technologies, optimizing health investment structure, and improving policy systems while adhering to the concept of co-construction and sharing. This will ultimately enable the entire population to share the fruits of healthy development and provide a health foundation for promoting common prosperity.

Historical Interpretation and Modern Analysis of Mao Zedong's on the Ten Relationships based on the Construction of Socialist Road with Chinese Characteristics

As Mao Zedong's representative ideological work, On the Ten Relationships has not been practiced and tested in Chinese society, but it still plays an important role in guiding the development of China's development in terms of ideology and theory. In addition to studying and exploring the historical background at that time, this paper also carries out a comprehensive analysis and exploration of some of Mao's personal problems, especially in the interpretation of the "On the Ten Relationships" article by article, which is connected to some of the social events. In terms of research methodology, this paper mainly adopts the reverse reasoning of logic of thought as the method of reverse research, in addition to the use of the main axis of time and causal variables as a mixed analysis.

Reform and Innovation of the Training Method of Outstanding Software Engineers under the "Six Excellence and One Top-Notch" Plan

In the face of scientific and technological revolution and industrial transformation in the new era, China's engineering education is facing new requirements and challenges. In order to support the new development strategy of engineering education in China, the "Excellence Plan 2.0" provides an overall idea for actively exploring the engineering education system with Chinese characteristics, building a new talent training model, implementing diversified teaching methods, and building a high-level engineering education teaching team. In order to promote China's engineering education standards to the world and promote the improvement of China's engineering education status in the world, it is urgent to cultivate interdisciplinary talents with engineering practice ability and innovation ability. In view of the current situation and the main problems of the engineering talent training system in China's colleges and universities, this paper makes a preliminary analysis and reflection on the reform and innovation of outstanding engineer training from the aspects of practical teaching, reform and innovation of talent training mode, talent team construction, and school-enterprise cooperation.

A Contrastive Analysis of Linguistic Features of Chinese and American Compliments

Compliments are an integral component of social etiquette and play a significant role in everyday interpersonal communication. This study examines the influence of distinct phonetic characteristics in Chinese and English on the moods and sentiments conveyed through compliments. Through an analysis of compliment strategies and their linguistic functions in common situations, this study compares the differences in vocabulary selection and expression methods between Chinese and American compliments. It also discusses the underlying reasons for these differences from the perspectives of cultural variations, social norms, and thinking patterns. Furthermore, the study analyzes and compares the similarities between Chinese and American compliments in terms of their purposes, topics, and stylistic changes. Overall, despite differences in phonetics, vocabulary selection, and expression methods, Chinese and American compliments exhibit convergence in their macroscopic purposes, themes, and styles due to the constraints imposed by specific conversational scenarios.

The Construction of Harbin’s Image in Chinese and Western Media: A Corpus-Based Critical Discourse Analysis

With the development of the ice and snow economy, Harbin has received great attention in domestic and international economic cooperation and cultural exchange. This paper conducts a corpus-based critical discourse analysis over the characteristics of Chinese and Western English media reports on Harbin, aiming to quantitatively and qualitatively study the discourse construction of Harbin’s city image. The results show that firstly, Harbin is mainly presented as “the city of ice and snow” in both media. Secondly, while domestic media focus more on shaping Harbin’s city image around tourism with the purpose of driving economic development, the focus of foreign media is more diverse and comprehensive. Thirdly, limitations exist in both media and need to be reduced.

Research On Valuation System with Chinese Characteristics Based on Comprehensive Evaluation Model

Research On Valuation System with Chinese Characteristics Based on Comprehensive Evaluation Model

РЕАЛІЇ ТА НАПРЯМИ ПОКРАЩАННЯ ІНВЕСТИЦІЙ У РОЗВИТОК ПРОФЕСІЙНО-ТЕХНІЧНОЇ ОСВІТИ В КИТАЇ

Introduction. Over the past ten years, the Chinese government has attached great importance to the development of vocational education, improving its quality and optimizing its structure. Problem Statement. Realities and directions for improving investment in the development of vocational education in China. The purpose is to determine the directions of formation of an effective system of financing vocational education in China. Methods. The general scientific and special methods were used: analysis and synthesis, graphic, comparison, theoretical generalization, abstract and logical. Results. Attention is focused on the analysis of the current system of financing vocational education in China and the substantiation of proposals for optimizing its structure and forms, the need to increase non-fiscal sources of investment in its development. The authors analyze the current system of vocational education with Chinese specifics, consisting of secondary vocational education, higher vocational education and vocational education. The authors compare the financing of vocational and other forms of education, as well as the dynamics of changes in state funding per student. The structure of non-fiscal sources of funding for vocational education is analyzed. The uneven distribution of financial allocations of local authorities for vocational education in China is revealed. The effectiveness of measures to manage a special fund to improve the quality of modern vocational education is evaluated. Conclusions. Thus, at the present stage, the Chinese government seeks to build a modern system of vocational education with Chinese characteristics. The result-oriented approach to financing vocational education has been noted. At the same time, the structure of investment in its development is not effective enough. There is also a significant regional stratification of education costs. The author substantiates the need to deepen the interaction of industrial and educational policies in their unity. Transfer payments should be made on the basis of transparency and openness. The revenue structure of various educational funds should be improved.

Using Genshin Impact as an Example, Examining How Local Cultural Embedding Can Enhance the Player's Gaming Experience

This research examines how the Genshin game developers organically incorporate culture into their games and improve player experience. Using quantitative methods, researchers analyzed 3 interviews with Genshin users to explore their attitudes and feelings towards the integration of Chinese cultural characteristics into the games. Through this game, many Chinese players have developed a sense of cultural pride, and the developers are very good at the details of the game. This game also spreads Chinese culture to the world. In many foreign websites, such as YouTube, Twitter can see a lot of foreign players comments and suggestions to these games. Also, the age coverage of this game is very wide too. From middle-aged people to high school students, all show a strong interest in this game. Researchers intend to study what kind of indigenous Chinese culture is embedded in this game and to understand how indigenous Chinese culture is organically embedded in the game by comparing game screenshots with real-life photos. Next, it is also necessary to check what kind of attitude players hold towards the embedding of Chinese indigenous culture appearing in Genshin Impact on social media platforms and select a few players to interview. Based on the former, it is important to find out how the embedding of Chinese indigenous culture in the game attracts players and improves their gaming experience. Finally, it will be generalized to the general game development, how a game can attract more players to play and improve the player experience through the organic integration of indigenous culture.

Study on the Identity of Rule of Law China and Party Leadership

Party leadership is an essential feature of the socialist rule of law with Chinese characteristics, and the study of the homogeneity between the rule of law in China and Party leadership is of profound significance to the understanding of the socialist rule of law with Chinese characteristics. This paper stands in the field of Marxist scientific methodology, firstly, through the method of social cognition and evaluation, we answer the question of what the rule of law in China and the Party leadership are, and then, through the method of four Marxist social sciences, we argue why the two have the same nature. Then, through four Marxist social science methods, the paper argues "why the two have the same nature", namely: building a rule of law China and adhering to the Party's leadership are both based on the people's nature as a solid cornerstone; both have a strong socialist color with Chinese characteristics; in which building a rule of law China is an important content of the practice of adhering to the Party's leadership and the way to realize it; and adhering to the Party's leadership is a necessary principle of building a rule of law China and a strong guarantee. Finally, this paper also answers the question of "how to recognize and ensure the homogeneity of the two" from a practical point of view, i.e., to promote scientific legislation, strict law enforcement, fair justice and law-abiding by all people under the leadership of the Party.

The influence of rural tourism landscape perception on tourists’ revisit intentions—a case study in Nangou village, China

Rural tourism development has an important impact on optimizing the rural industrial structure and stimulating local economic growth. China’s Rural Revitalization Strategy has promoted the development of rural tourism nationwide and emphasized Chinese characteristics in the process of local development. Based on the theoretical analysis of landscape perception, this article uses the external Landscape Perception→Satisfaction→Revisit Intention influence path as a theoretical research framework to construct a structural equation model to analyze the willingness of tourists to revisit rural tourism destinations. We selected Nangou Village, Yan’an City, Shaanxi Province, as a key model village for rural revitalization, and conducted an empirical analysis. The empirical analysis results show that landscape perception has a significant positive impact on satisfaction and revisit intention. Tourist satisfaction has a significant positive impact on revisit intention and plays an intermediary role between landscape perception and revisit intention. The five dimensions of natural ecology, historical culture, leisure recreation, research experience, and integral route under landscape perception are all significantly positively correlated with revisit intention, with historical culture and integral route having the greatest impact on landscape perception. The survey about Nangou Village verifies the relationship between landscape perception, satisfaction, and tourists’ revisit intention. Based on the objective data analysis results, this study puts forward suggestions for optimizing Nangou Village’s tourism landscapes and improving tourists’ willingness to revisit from three aspects: deeply excavating rural historical and cultural resources, shaping the national red culture brand, and creating rural tourism boutique routes. It is hoped that the quantitative research method of landscape perception theory in Nangou Village can also provide a reference and inspiration for similar rural tourism planning.

Inspiration and Innovation of Informal Economic Governance under Socialism with Chinese Characteristics: Reconstruction of Street Vendor Governance Model in Fuyang City

Vallholder economy is an important driving force for urban economic and social development in the new era. Under the background of socialism with Chinese characteristics, through comparative research, empirical research, investigation and analysis, this paper concluded that the street vendor economy is informal, long-term and complex. For the governance of Chinese street vendors, we should learn from the theory, absorb foreign experience based on the national conditions and urban status, and find the breakthrough of governance from the root. Formulate “flexible” flexible policies, optimize space politics, divide and rule, break through the constraints of regularization, reconstruct and innovate the economic governance model of Chinese street vendors, and realize the “Sinicization of governance concept, local governance policy and contemporary governance model”. The research has enlightenment and reference significance for enriching the development of political economy theory, innovating the informal economic governance model and developing the informal economy in the new era.

A cross-cultural comparison of island vacation experience: empirical evidence from the Maldives

ABSTRACT This study compares the characteristics of Chinese and Western island vacation experience. Social network analysis was performed with 30 Chinese travel notes and 30 English travel notes, respectively. The results include: (1) The density and centralization of the Chinese island vacation experience network are lower than those of their Western counterparts; (2) Natural resources, tourism services, and recreational activities are the key dimensions of Chinese and Western island vacation experience, and seven common core experience elements exist; (3) The combination of “seascape-wild animals and plants-people” is preferred by both Chinese and Western tourists. Differences, however, exist between the two groups.

Analysis of the Investment Features of Stocks of Valuation System with Chinese Characteristics Based on Hierarchical Cluster Method

The ultimate goal of stock investment is to achieve profitability, and risk avoidance is the most important foundation for achieving profitability. Accurately evaluating the value of stocks in the market is one of the key factors for successful investment. Under the background of proposing the Valuation System with Chinese Characteristics, a reasonable analysis of the investment features of stocks of Valuation System with Chinese Characteristics can bring opportunities to investors. To this end, first construct the characteristic indices of stocks of Valuation System with Chinese Characteristics — Price Earnings Ratio (PE), Price-to-Book Ratio (PB), and Dividend Yield Ratio. Then, based on the characteristic indices, use the hierarchical cluster method to perform clustering analysis on the stocks of Valuation System with Chinese Characteristics. Afterwards, by optimizing the clustering results, all stocks of Valuation System with Chinese Characteristics were classified into four categories. According to the classification analysis of the investment features of the stocks, it can be concluded that the issuing company of the first category of stocks has recently been operating poorly, so it is not recommended to invest; The value of stocks in the second category is overestimated and it is not recommended to invest; The third category of stocks are high growth stocks, and it is recommended to invest with caution; The stocks in the fourth category have the characteristics of undervaluation and high dividends, and it is recommended to invest.

Analyzing the process of achieving common wealth for different groups in China based on the opportunity advantage perspective of income distribution

Realizing the common wealth of all people is the essential requirement of socialism with Chinese characteristics. Measuring the process of realizing common wealth and the differences between groups is one of the important issues that need to be addressed urgently. In order to reasonably measure the process of realizing common wealth in China, on the premise of horizontal comparability and vertical consistency, the principles of comparability and consistency are introduced, and a comparative method of opportunity advantage based on income distribution is proposed from the perspective of opportunity equity. Using the 2012–2020 CFPS data to measure and test the opportunity advantages and their differences across regions and groups in China. The study found, firstly, that the opportunity advantage persists but tends to diminish across groups, with the more educated group having a more pronounced opportunity advantage, but that this advantage is diminishing over time. Secondly, the doctoral degree group has a greater probability of earning higher incomes, followed by the master’s and bachelor’s degree groups, but this opportunity advantage, i.e., the probability of earning higher incomes, is diminishing, i.e., the education dividend is diminishing. Third, the difference in opportunity advantage between urban and rural areas still exists, as evidenced by the greater probability of higher incomes in towns than in rural areas, but this advantage has narrowed further over time, with a clear process of urban-rural integration. Fourthly, in terms of gender, men have a certain opportunity advantage over women, but this difference is not significant. Fifthly, in the context of education levels, gender and urban/rural subgroups, under the framework proposed in this paper, China has achieved some success in the process of realizing the common wealth, and is showing a steady upward trend.

Educational Innovations in the Fundamentals of Marxism in the Context of the New Era

In the historical context of the new era, socialist education with Chinese characteristics faces many opportunities and challenges. With the further deepening of globalisation and informatisation, traditional economic, cultural and technological boundaries are becoming blurred, while bringing about social challenges such as intensified global competition and the polarisation of the rich and the poor. As the world's second largest economy, China is striving to find a development path suitable for itself in the wave of globalisation. In the age of information technology, cutting-edge technologies such as artificial intelligence and big data are reshaping the economy and society, while the Internet and mobile communication technologies have made the flow of information more rapid, which not only facilitates the dissemination of knowledge, but also has a significant impact on the mode of education and the way of work. By promoting the "Internet Plus" action plan and the development of the digital economy, the Chinese government aims to improve governance capacity and efficiency, and draw up a blueprint for a digital China and a smart society. In the new era of ideological pluralism, China faces the challenges and opportunities of both socialist core values and traditional cultural heritage. China is trying to find a balance between inheritance and innovation, and to strengthen citizens' moral construction and cultural confidence. Such an endeavour not only enhances the country's cultural soft power, but is also a positive response to the changes of the times. At the same time, socialist education with Chinese characteristics is also placing greater emphasis on people's livelihoods and fairness and justice in the new era, and the public's pursuit of a high quality of life has become more intense. The rising demand for education, health, housing and the environment requires the government to pay more attention to livelihood improvement and social equity while promoting economic development. The concept of environmental protection and green development has become a social consensus, pointing to the goal of sustainable development. China's economic system is transforming into a more globally competitive modernisation and is seeking a broader space for development under the new pattern of globalisation. The changes brought about by this new era to Chinese education are not only challenges, but also opportunities. China not only needs to play an important role in the international arena, but also needs to deepen its internal reforms in order to raise the level of national education and contribute to the grand blueprint of high-quality economic development and national rejuvenation. Marxist education, as a guiding ideology, will continue to play an important role in this process, aiming to cultivate the talents needed by the times, promote the internalisation and practice of socialist core values, and ultimately realise socialist modernisation and the overall revitalization of the country.

A Study on the Construction of Cultural Identity of Chinese Students Studying Abroad under the "Belt and Road" Initiative

The great rejuvenation of the Chinese nation and the implementation of the Belt and Road Initiative, a centennial plan, are significantly displaying Chinese civilization worldwide. The dissemination of civilization is merely a process, while the recognition of civilization enables the world to breathe in unison with China, share a common destiny, and connect hearts and minds. The alignment of people's hearts and minds is achieved through righteousness and justice. In this context, how to promote China and gain global recognition is one of the core tasks of China's diplomacy, united front work, and the long-term implementation of the Belt and Road strategy. International students coming to China for study are an important force in spreading Chinese civilization, values, and the Chinese model to the outside world. While imparting scientific and cultural knowledge, schools need to conduct implicit cultural education to establish correct values and worldviews. It is essential to cultivate international students' recognition of Chinese culture, Chinese territory, and the path of development with Chinese characteristics. The aim is to ignite a spark that can start a prairie fire, laying a foundation for building a friendship of "long-term coexistence, mutual supervision, mutual trust, and shared honor and disgrace" between China and the world in the future.

Comparative Analysis of Digital Trade Rules between China and the United States: Taking USMCA as an Example

With the rapid development of digital economy, the rule setting and practice of China and the United States in the field of digital trade have become the focus of international attention. The coordination and cooperation of digital trade rules between China and the United States will definitely play a key role in the healthy development of the global digital trade. Taking USMCA as an example, this paper conducts an in-depth comparative analysis of the digital trade rules between China and the US, summarizes the differences between China and the US in the field of digital trade rules at the levels of national strategy, interest orientation, rule claims and dispute settlement mechanism, and puts forward policy suggestions on China's docking of international high-standard digital trade rules as well as how to construct a digital trade rules system with Chinese characteristics.