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CSISC and Investor Protection: Evidences from Information Disclosure XIONG Jia-cai, TONG Da-ming Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 32-46.   Abstract （423）            Knowledge map    Save Strengthening investor protection is the important foundation for supporting sustainable and quality development of the capital market. The China Securities Regulatory Commission (CSRC) led the establishment of the China Security Investor Services Center (CSISC) in 2014, which is a major institutional innovation to strengthen investor protection in China’s capital market. By making use of the data of A-share listed companies from the first quarter of 2015 to the first quarter of 2017 and employing a DID model, this paper empirically tests the impact of CSISC’s shareholding on corporate information disclosure. The research results show that the CSISC’s shareholding is helpful to lower the level of accrual-based earnings management of enterprises. In the companies with lower executive share holdings or the companies audited by firms without industry specializations, the supervisory role of CSISC is more remarkable. The findings of further analysis show that the shareholding of CSISC also helps to restrain the earnings manipulation behaviors of enterprises based on real activities. The above conclusion indicates that the shareholding of CSISC can help to improve the information disclosure quality of listed companies and further enhance the level of protection of the medium and small investors. Reference | Related Articles | Metrics | Comments（0）

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Research on the Logistics Service Quality Improvement of Fresh Food E-Commerce under the Normalization of the COVID-19 Epidemic YI Yi-chen, SHI Yan-xin Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 65-75.   Abstract （420）            Knowledge map    Save Under the continuous impact of the normalization of COVID-19 epidemic, fresh food e-commerce has quickly become an indispensable business model in people’s daily life. The quality of logistics service is directly related to the trading experience of customers, and it has become an important basis for customers to evaluate their consumption and make their later selection through fresh food e-commerce. This article takes the SERVQUAL model that considers both the customers’ expectation and customers’ perception as the basic framework and optimizes the indexes according to the characteristics of fresh food e-commerce logistics service and the requirements of epidemic prevention, then it determines the five dimensions of specialization, reliability, responsiveness, convenience and security as the main evaluation indexes for the logistics service quality of fresh food e-commerce. It also collects relevant data of the logistics service of fresh food e-commerce enterprise to carry out a specific evaluation. The results confirm that the logistics service quality of fresh food e-commerce needs to be improved. This paper further puts forward the strategies to improve the logistics service quality of fresh food e-commerce under the normalization of COVID-19 epidemic, expecting to play a role in evaluating and optimizing the logistics service quality of fresh food e-commerce. Reference | Related Articles | Metrics | Comments（0）

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The Impact of Rural Digital Economy Development on Farmers' Income Growth ZHANG Liang, XU Zhi-ming, LI Cheng-long Journal of Jiangxi University of Finance and Economics    2023, 0 (3): 82-94.   Abstract （413）            Knowledge map    Save Increasing farmers' income not only affects the progress of the rural revitalization strategy, but also affects the realization of common prosperity. Based on the construction of the mechanism model and making use of the data of“China Land Economy Survey”and the econometric method, this paper empirically tests the impact of rural digital economy development on farmers' income. The results show that the development of rural digital economy can significantly improve the income level of farmers. The mechanism analysis shows that the development of rural digital economy has promoted the development of rural non-agricultural industries and improved the human capital and social capital of the farmer households, thus promoting the increase of farmers' income. The development of digital economy in rural areas has not achieved inclusive growth in farmers' income, and the promoting effect on the income of high-income households is greater than that on the low-income households. The grouping regression results show that the development of rural digital economy has a greater impact on the wage income of rural households than the asset income and agricultural operation income, and this impact is more obvious on the income increase of middle-aged households and the households in the economically developed regions. The above research conclusions provide a new research perspective for evaluating the impact of digital economy on farmers' income. It is also suggested to strengthen policy support for the areas with relatively backward digital infrastructure, improve the operating system for the construction of rural digital economy and the publicizing and training system for the rural digital technology, so as to ensure the balanced development of digital economy between the rural and urban areas. We should let digital economy play a better role in narrowing the gap between urban and rural areas and in promoting the realization of common prosperity. Reference | Related Articles | Metrics | Comments（0）

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The Logic, Experience and Direction of the International Image Construction of the Chinese Communist Party over the Past Century RAO Wu-yuan, LIU He Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 21-31.   Abstract （347）            Knowledge map    Save The international image of the Communist Party of China over the past century has been generated, refined and shaped during the Party’s struggle and practice. It was established, prospered, and become strong because of the Party; and it has always been closely connected with the cause of the Party and the people. The construction of the international image of the Communist Party of China contains the triple internal logic of the unity of the self-shaped subject and the object shaped by others, the balance of the national interests and the global interests, and the coordination of national strength and international rights. During the historical development process of continuously enhancing the Party’s international reputation, international influence, and international discourse power, it has accumulated experience in building the international image of a great Party as a selfless ruler for the people, a world-minded struggler, and a global governance leader. In the new era, when approaching the spotlight on the world stage, the Communist Party of China need to further coordinate the“two overall situations”to consolidate the objective presentation of the Party’s international image, adhere to internationalism and improve the subjective construction of the Party’s international image, and strengthen the guidance of public opinion and improve the spreading effect of the Party’s international image. Reference | Related Articles | Metrics | Comments（0）

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The Four-Dimensional Value Orientation of Xi Jinping’s Important Exposition on the Construction of a New Development Pattern of “Dual Circulation” JIANG Bo, LI Ming Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 3-11.   Abstract （347）            Knowledge map    Save As an important part of Xi Jinping’s economic thoughts on socialism with Chinese characteristics in the new era, Xi Jinping’s important expositions on the construction of a new development pattern of “dual circulation”have profound value implications. This is embodied in the theoretical innovation value with deepening the understanding of the laws of social development as the logical orientation, the realistically-oriented value of promoting high-quality economic development, the object-construction value of reshaping China’s international cooperation and new competitive advantages, and the world-leading value of injecting new ideas into the recovery of the world economy. Faced with the dilemma of the rising tide of anti-globalization and the continued sluggish growth of the world economy under the influence of the COVID-19 outbreak, the appearance of this ideological system not only provides a fundamental basis for China’s economic development, but also points out the direction of global economic development, which possesses the dual meanings of eliminating domestic development constrains and solving the world’s development problems. Reference | Related Articles | Metrics | Comments（0）

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The Core Essence of Xi Jinping’s Important Exposition on the Construction of Political Culture within the Party LIU Jun-xia Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 12-20.   Abstract （331）            Knowledge map    Save Xi Jinping has delivered a series of important speeches on the construction of political culture within the Party, which profoundly explained the core meanings of this issue in terms of significance, core connotation, and basic path. Xi Jinping emphasized that strengthening the construction of political culture within the Party can help tighten political activities within the Party, purify the political ecology within the Party, and promote the comprehensive and in-depth development of strict Party governance. Its connotation is very rich, and it is a culture guided by Marxism, with Chinese culture as its internal support, and the Party spirit of the Chinese Communist Party as its essential characteristics. In the new era, we must strengthen the ideological construction to consolidate the foundation of faith, promote the inheritance and innovation of Chinese culture, grasp the“key minority”of leading cadres, and cultivate a positive and healthy political culture within the Party. Reference | Related Articles | Metrics | Comments（0）

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Internally Controlled Information Disclosure and Innovation Efficiency WANG Ping, BU Hua Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 47-64.   Abstract （330）            Knowledge map    Save Taking China’s A-share listed companies from 2008 to 2019 as samples, this paper conducts an empirical analysis of the impact of the internally controlled information disclosure (ICID) on innovation efficiency and its action mechanism. The findings show that ICID can significantly improve the rationality of innovation investment, the innovation profit and the innovation allocation optimization. The results of the influencing mechanism test indicate that restraining agency conflicts, alleviating financing constraints, and reducing enterprise risks and disclosure costs are the path mechanisms for ICID to affect innovation efficiency. The results of the heterogeneity test show that, compared with that at the compulsory disclosure stage, ICID at the voluntary disclosure stage has a greater effect on improving innovation efficiency. ICID in the state-owned enterprises has no significant impact on the rationality of innovation investment, while it has a significant positive effect in the private enterprises; but it has a greater effect on improving the innovation profit and innovation allocation optimization in the state-owned enterprises. This study provides additional empirical evidences of the economic consequences of ICID, which has a certain enlightenment for enterprises to improve their innovation efficiency. Reference | Related Articles | Metrics | Comments（0）

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The Theoretical Development, Practical Inspection and Governance Transformation of Environmental Rule of Law in Administrative Boundary Areas CHEN Zhen-liang Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 125-135.   Abstract （322）            Knowledge map    Save In recent years, some regions have actively promoted cross-regional cooperated environmental governance in terms of coordinated legislation, joint law enforcement, and judicial cooperation, trying to solve the shortcomings of the territorial management model. This embodies the spatial turn of cooperated environmental governance and provides a new observation perspective and theoretical development opportunities for the iterative update of the environmental law. Based on the analysis of the characteristics of the spatial particularity, the subjective diversity, the multi-level interests, and the appeal diversity of the environment of the administrative boundary areas, this paper interprets and rethinks the applicable field of the“cooperative rule of law”theory of the environmental governance of the administrative boundary areas, as well as the regional environmental legislation, the law enforcement and the practice of judicial cooperation. From the perspective of environmental governance transformation and governance modernization, the inherent requirements of environmental co-governance in administrative border areas are to strengthen cooperation and co-governance between regional environments. It is necessary to promote the transformation of governance from individualism to ecological holism, from urban and rural justice to regional spatial justice, and from local legal system to the regional rule of law, and it is necessary to improve the institutional system, so as to promote the promotion and sharing of benefits based on environmental improvement and the realization of the people’s right to a better life. Reference | Related Articles | Metrics | Comments（0）

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Capital Going to the Countryside and the Relationship between Villages and Enterprises in Rural Revitalization: The Problem of Reciprocity and the Dilemma of Cooperation JIANG Guo-he, JIANG Xiao-ling Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 111-124.   Abstract （321）            Knowledge map    Save Capital going to the countryside is an important driving force to comprehensively promote rural revitalization and consolidate the basic position of agriculture. In reality, enterprises with capital going to the countryside also encounter various development problems and difficulties. Previous studies have discussed the social basis of capital going to the countryside and the adverse impact of insufficient interaction between foreign capital and local society on the operation and development of enterprises going to the countryside from the perspective of sociology, but its specific process, logic and mechanism have yet to be revealed. Taking the tea industry project of H Company in Z Village with foreign capital as an example, this study conducts an in-depth investigation of the interaction process between villages and enterprises, as well as the behavioral logic and mechanism behind it, so as to understand and explain why it is difficult for the enterprise with capital to the countryside to interact with the villages, why the cooperation between the villages and enterprises would fall into an impasse or dilemma, as well as whose impact on the sustainable development of enterprises. The findings show that there are fundamental differences in the action logic of building the relationship between the villages and enterprises. The foreign capital is mainly the instrumental rationality of the economic man, upholding the power logic and elite orientation; while the village has both the interest oriented instrumental rationality and the value rationality that hopes to build the village well. The two sides can still cooperate during the process of expanding the enterprise. However, when H Company is determined to become stronger and ignores the benefit and emotional sharing of the reciprocity with the village, the rationality of the enterprise capital and the reciprocal and moral needs of Z Village would have difficult differences, and the cooperation between the village and the enterprise would begin to fall into dilemma. In order to solve the dilemma of the village-enterprise relationship faced by the capital going to countryside, it is necessary to take corresponding measures, so as to give better play to the role and contribution of the capital going to the countryside in comprehensively promoting rural revitalization and facilitating common prosperity. Reference | Related Articles | Metrics | Comments（0）

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Legal Constitution of Securities Margin Trading in the Civil Code Era: Taking Transferring Guaranty as the Applicable Approach CHENG Wei Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 136-148.   Abstract （315）            Knowledge map    Save The securities margin trading guarantee system is an important part of financial legal infrastructure. The accurate description of the securities margin trading guarantee from the perspective of private law can help to clarify the boundary of rights and obligations of the parties, and provides the basis of claim in private law enforcement, so as to reduce the regulatory burden of public law enforcement. The present academic analysis has not determined the legal constitution of the securities margin trading guarantee. The Civil Code has introduced the functionalist guarantee concept, by which the transferring guarantee obtains the legitimacy recognition in the way of atypical guarantee, thus substantial applicable evidences are provided for the legal constitution of the securities margin trading guarantee. In terms of interpretation, the transferring guarantee can establish the account system of the securities margin trading guarantee, the scope of collateral and other specifications, but the absence of registration rules will affect the effectiveness of the forced liquidation. In terms of laws and policies, in order to meet the requirements of unified guarantee registration by the Civil Code, legislators should stipulate that the party registered in securities margin trading has the prefer efficiency, so as to promote the connection between the legal theory and the business practice. Reference | Related Articles | Metrics | Comments（0）

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Exploration of Social Pension Model and Prediction on Expenditure Scale under the Background of Population Aging WANG Yun-duo Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 76-86.   Abstract （297）            Knowledge map    Save Taking the poverty line defined by the state as the standard for social pension benefits, this paper considers to design a non-contributory social pension system for the urban and rural low-income groups, so as to calculate the expenditure scale of China’s social pension. It makes use of the data of future life expectancy issued by the State Statistics Bureau to estimate the burden of the contemporary labor force population with the alternative welfare schemes from the angle of pay-as-you-go. Given the 6.6 percent of GDP per capita as the poverty line, taking into account China’s ongoing plan to delay the retirement age to 65, and assuming that those with formal pensions are not included, it is estimated that 0.7-1 percent of GDP will be used to balance social pension expenditure every year before 2050. However, the expenditure scale of pension could be as much as 4.5 per cent of GDP, thanks to more generous benefits, a lower retirement age and a lower-than-expected birth rate. Reference | Related Articles | Metrics | Comments（0）

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The Theoretical Connotation and Core Essentials of the New Security Pattern CHEN Shi-fa, BI Lei Journal of Jiangxi University of Finance and Economics    2023, 0 (3): 3-13.   Abstract （258）            Knowledge map    Save Since the 18th National Congress of CPC, General Secretary Xi Jinping has delivered a series of important expositions on the issue of national security and put forward the important argument of the New Security Pattern in the report of the 20th National Congress of CPC. Interpreting the theoretical connotation and core essence of the new security pattern from a theoretical perspective and consolidating the theoretical foundation of the new security pattern can provide scientific theoretical guidance for the great practice in the new era and on the new journey. The new security pattern refers not only to the risk society in general sense, but also to the risk complex with special significance formed in the process of modernization in China. The new security pattern has evolved from the traditional security pattern, which is closely fitting China's national conditions and has formed a system of elements based on the“sixteen aspects”and combined with the“five cores”and“five pairs of relationships”. The strategic goal of the new security pattern is to coordinate security and development, promote a healthy balance between high-quality development and high-level security, and safeguard the new development pattern with the new security pattern. To construct the new security pattern, we must always adhere to the core leadership position of the Party, adhere to the co-construction of multiple entities, fully mobilize social forces to play the“collective power”, and effectively deal with the serious tests of the major challenges with high winds, rapid waves, and even turbulent waves. Reference | Related Articles | Metrics | Comments（0）

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The Health Performance of Social Medical Insurance and Its Regional Heterogeneity HE Wen Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 87-97.   Abstract （257）            Knowledge map    Save Based on China’s provincial dynamic panel data from 2002 to 2018, this paper employs the Difference GMM and other methods to empirically test the health performance of China’s social medical insurance system and its regional heterogeneity. The findings show that as an important medical costs sharing mechanism, the medical insurance can improve the health status of residents significantly through its improvement in its popularity, financing scale and reimbursement level. Because there are some differences in the medical service demand elasticity of the residents with different economic positions, the health performance of the medical insurance system presents significant regional heterogeneity; generally, a stronger health protection effect can be found in the underdeveloped areas. Furth analysis from the perspectives of geographical location and insurance type indicates that the medical insurance has a stronger health promotion effect on the residents in the western region, and the basic medical insurance scheme for urban employees with a higher reimbursement level has the same better health performance; meanwhile, it exhibits a greater regional heterogeneity of “pro-poverty”. Reference | Related Articles | Metrics | Comments（0）

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The Implementation and Strengthening Path of Soft Laws for ESG Information Disclosure of Listed Companies MO Zhi Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 116-129.   Abstract （244）            Knowledge map    Save There are many soft laws that can guide and regulate the ESG information disclosure of listed companies. It is formulated and implemented by non-state entities like industry associations, international organizations and rating agencies, which can solve the problems of abstraction, lagging behind and rigidity of hard laws in ESG disclosure, play the role of supplement and transformation, and respond to practical needs. The ESG soft law does not rely on the national force for protection, but realizes its normative force through the financing-affecting reputation mechanism, the market pricing implemented by internal rules, the external effect of signal transmission, and the reverse support of hard law. Therefore, the improvement of the soft law governance of China’s ESG disclosure can be explored from the perspective of the joint efforts of multiple parties in the market. In detail, the exchanges should enhance their authority and promote regulatory competition; the key state-owned enterprises should take the lead in promoting the network effect for which the soft law is applicable; the soft law should harden itself by supporting the hard law and refining the consequences; the institutional and individual investors and information intermediaries should improve the participation of ESG, so as to strengthen the normative effect of the soft law disclosure. Reference | Related Articles | Metrics | Comments（0）

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Evaluation of Government Governance Efficiency under the New Development Concept:“Do One'sBest”or“Do According to One's Ability” DUAN Pei-xin, MENG Wei Journal of Jiangxi University of Finance and Economics    2022, 0 (4): 22-34.   Abstract （240）            Knowledge map    Save The improvement of government governance efficiency is an important starting point to promote the establishment of governance system and the modernization of governance capacity. How to objectively and fairly evaluate the governance efficiency of local governments under the new development concept during the“13th Five-Year Plan”period is of great significance for the realization of the new improvement of the governance efficiency during the“14th Five-Year Plan”period. At present, more attention is paid to local governments'“doing their best”to improve governance efficiency, but less attention is paid to the governance efforts of local governments under the situation of unbalanced development. Based on this, this paper constructs a MINC-U-DEA model to carry out a study that can not only reflect the governance efforts of the local governments under the new development concept of the Party center, but also affirm the local governments'“doing within their capabilities”under the“initial endowment”. Through an empirical analysis of 31 provinces (municipalities and autonomous regions) and the eight comprehensive economic zones in China, it is found that, considering the differences in the“initial endowments”, the governments' governance efforts in the greater northwest region can be effectively measured, and the government governance efficiency in the southern coastal regions benefits more from the economic development.During the“13th Five-Year Plan”period, the country has made remarkable achievements in green development, but all the regions need to be strengthened in terms of innovation and development. The regional differences in the efficiency of government governance are relatively larger, and different regions have different ways to “do their best”to improve the government governance efficiency on the basis of“doing within their capabilities”. In addition, based on their own reality, the performance efforts of the provinces (municipalities and autonomous regions) in their same region are also inconsistent. The most obvious internal difference is found in the northwest region, and the difference in the southwest region is the smallest. Reference | Related Articles | Metrics | Comments（0）

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Popularization of Marxism during the Jinggangshan Period: Audience Shift and Communication Practice ZHANG Pin-liang Journal of Jiangxi University of Finance and Economics    2023, 0 (5): 3-10.   Abstract （238）            Knowledge map    Save During the Jinggangshan period, the CPC, represented by Mao Zedong, found a revolutionary road suitable for China’s national conditions, opened the prelude to the sinicization of Marxism, and the popularization of Marxism in rural China took a new step. The Party and the Red Army, based on the fact that the majority of the audience in Jinggangshan is farmers, actively reformed, innovated, and explored ways and means of news propaganda. The popularization of Marxism has achieved a shift towards farmers and opened up a new direction for the localization of Marxist communication in China. This dissemination practice has formed a series of characteristics of the Jinggangshan Red News propaganda in terms of dissemination theory, propaganda methods, media means, and dissemination subjects, and achieved tremendous dissemination results. It has sublimated the ideological concepts of the Jinggangshan military and civilians, and laid a solid ideological foundation for the Chinese revolution. The Red Jinggangshan Mountains have become a historic node in the transformation of Marxist mass communication among farmers during the New Democratic Revolution, and a new starting point for the combination of Marxist news theory with the specific news propaganda practice of the Chinese revolution. The practice has proven that this innovative popularization of Marxism has accumulated rich experience for the Party to continue promote the popularization of Marxism in the future and provided important insights for the dissemination of Marxism in the new era. Reference | Related Articles | Metrics | Comments（0）

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The Generating Logic, Core Essence and Value Implication of Xi Jinping's Important Exposition on Preventing and Defusing Economic Risks WU Zong-wei Journal of Jiangxi University of Finance and Economics    2022, 0 (4): 3-12.   Abstract （237）            Knowledge map    Save Xi Jinping's important exposition on preventing and defusing economic risks is generated on the basis of drawing on and sublimating Marx's theory of economic crisis, inheriting and innovating Chinese excellent traditional culture, continuing and extending the successful experience of the Communist Party of China, and examining and grasping the domestic and foreign economic development situation. Xi Jinping's important exposition on preventing and defusing economic risks emphasizes that preventing and defusing economic risks requires the centralized and unified leadership of the Party as the political guarantee, the general tone of seeking progress while maintaining stability as an important principle, the smooth“domestic and international dual circulation”as the strategic deployment, the systematic financial risk prevention and control as the core link, and the pushing and realization of high-quality economic development as the phased goal, its core essence has raised the understanding of the whole Party on how to prevent and defuse economic risks to a new height. Xi Jinping's important discourse on preventing and defusing economic risks not only expands the cognitive domain of Marxist political economy, but also provides basic guidelines for our country to prevent and defuse economic risks. It also transcends the traditional global economic risk governance discourse system and has profound value implications in such aspects as theoretical innovation, practical orientation and discourse guidance. Reference | Related Articles | Metrics | Comments（0）

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The Theoretical Basis and Realization Path of Village Revitalization and Poverty Alleviation Connection：From the Perspective of Industry Development Based on Product Space Theory ZHANG Qi-zi, WU Ye-jun Journal of Jiangxi University of Finance and Economics    2022, 0 (1): 98-110.   Abstract （233）            Knowledge map    Save In the connection logic between village revitalization and poverty alleviation, the industrial revitalization is the connecting point and the key. Based on the product space theory, this paper analyzes the industry development models for poverty alleviation and village revitalization, the results proves that poor villages can achieve revitalization through constructing industry ecologic system development model, so as to realize the organic connection between the two. By combining the successful revitalization cases and making use of the multi-case study approach, it extracts the general mechanism and key factors connecting the two, including human capital and the evolution of villagers’ ability, the industry selection based on the resource endowment and industry ecologic system construction, the reasonable profit allocation mechanism, and so on. Reference | Related Articles | Metrics | Comments（0）

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Long-Term Care Demand Projection and Financial Guarantee in China WEN Tai-lin Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 49-58.   Abstract （210）            Knowledge map    Save With the aging of the population, the need for long-term care has been on the rise. The assessment and prediction of long-term care demand is the premise and basis for making long-term care policies. Based on the data of CHARLS（2018）, this paper adopts the macro simulation method to study the health status of the elderly and predict the changing trend of China’s long-term care demand from 2020 to 2035. The findings show that the number of disabled elderly people will increase to 43.34 million by 2035, the cost of long-term care services will increase to 2,144.6 billion yuan, accounting for 1.07% of GDP and 5.93% of the fiscal revenue. The simulation of long-term care security based on the ILO financing model shows that the long-term care insurance model can share the responsibilities among individuals, enterprises and governments, so as to achieve the goal of ensuring the basics, full coverage and sustainability of the long-term care security. Under the long-term care assistance mode, the financial burden is lighter and the protection coverage is smaller, but it can play a role in helping those most in need with the multi-level long-term care security system. Reference | Related Articles | Metrics | Comments（0）

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Medical Insurance and Targeted Poverty Alleviation: From the Perspective of Poverty Vulnerability CHEN Ying, ZHAO Gui-qin Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 59-73.   Abstract （209）            Knowledge map    Save Based on the data of China Family Panel Studies (CFPS) from 2014 to 2018, this paper explores the impact of the rate of family members joining the medical insurance on the vulnerability to poverty. Then it further analyzes the impact of the rate of family members joining the insurance on the poverty vulnerability of the families with different income levels. The results show that improving the rate of coverage can effectively reduce household vulnerability to poverty. However, this kind of effect has obvious differences among the households with different incomes; it is most significant among the low-income households, followed by middle and high-income households. When being suffered from catastrophic medical risks, improving the rate of coverage of the family members can significantly reduce the household vulnerability to poverty, but this effect on the households with middle and high-income is a little bit stronger than that on the households with low-income. As for the vulnerability to poverty calculated on the basis of different absolute poverty standards and relative poverty standards, this conclusion is still robust. Moreover, to improve the health conditions of family members is an important intermediary channel to reduce the vulnerability to poverty with the medical insurance. Reference | Related Articles | Metrics | Comments（0）

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How Does Brand Attachment of Live Streaming Hosts Enhance Their Online Sales? A Mechanism Study Based on Multiple Paths XIONG Qi-ying, XIONG Li Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 28-39.   Abstract （209）            Knowledge map    Save With the trend of the decline of the traditional off-line sales and the growth of the new type of webcast sales, the channel center position of the live streaming hosts has become more and more prominent in the transaction. Although researchers have carried out some discussions on the business model and consumption behavior of live stream sales, there are few studies from the perspective of live streaming hosts on the network, especially the possible impact of the relationship between the hosts and the brands is neglected. Based on the work demand-resource model, this paper discusses whether and how brand attachment of live streaming hosts can affect their behavior and sales performance. This study proposes three hypothetical paths, i.e., sales work involvement, sales fun and organizational commitments, and conducts a questionnaire survey on 165 live streaming hosts on such online social platforms as Taobao live broadcast. By making use of the AMOS software for analysis, it is found that the brand attachment of the marketing anchors can affect sales performance and behavior performance by improving sales work efforts and sales fun respectively, while the organizational commitment path fails to pass the verification. In addition, the behavior performance of the hosts has a positive impact on their sales performance. This study not only makes a certain contribution to the research of brand attachment, but also provides theoretical guidance for the live streaming hosts to improve their sales performance. Reference | Related Articles | Metrics | Comments（0）

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How Is It Effective for Farmers to Adopt Fertilizer Reduction and Efficiency Enhancement Technology: From the Perspective of Configuration Analysis YUAN Tian-tian, WANG Jun-qin, ZHAO Bang-hong Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 95-106.   Abstract （179）            Knowledge map    Save Farmers adopting fertilizer reduction and efficiency enhancement technology is an important way to effectively curb agricultural non-point source pollution and accelerate the comprehensive green transformation of agriculture. Based on the data of in-depth interviews with 438 small farmers, this paper employs the method of Fuzzy Set Qualitative Comparative Analysis (fsQCA) to construct a psychological perception (farmers’ cognition and participation willingness) - external context (organizational connection and government regulation) - behavior effect model,in order to reveal the conditional configuration and multiple paths of psychological perception and external contextual factors affecting small farmers’ adoption of that technology. The results show that a single behavior-decision factor is not a necessary condition to drive farmers to effectively adopt that technology, while the interaction of multiple decision-making factors form three conditional configurations can improve farmers’ behavior effect, which can be summarized as the participation willingness-oriented mode, the internal and external joint restraint mode, and the external situation-oriented mode. Reference | Related Articles | Metrics | Comments（0）

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The Evolution of the International Soybean Trade Pattern and the Change of China's Bargaining Power under the Background of Sino-US Economic and Trade Frictions HAN Dong, LI Guang-si Journal of Jiangxi University of Finance and Economics    2022, 0 (4): 83-96.   Abstract （176）            Knowledge map    Save Facing the increasing uncertainty of the trade environment and the rigid rise of China's soybean demand, it is of great practical significance to enhance China's bargaining power in the international soybean market. Based on the analysis of the evolution of the international soybean trade pattern, this paper employs the bilateral stochastic frontier model to conduct a quantitative analysis of the bargaining power of the countries participating in the soybean trade. The findings show that Sino-US economic and trade frictions have had a greater impact on the international soybean trade pattern. China's dependence on Brazilian soybeans has increased, and the degree of diversification of soybean exports from the United States and Brazil has increased. China's bargaining power in soybean import trade has been lower than that of exporting countries for a long time; the soybean import price is higher than the theoretical equilibrium price. During the periods of Sino-US economic and trade friction, China's bargaining power in soybean import trade was higher than that of the United States, but with the recovery of Sino-US soybean trade, the United States has once again mastered the bargaining advantage.The trade pattern and thecontrol over the financial markets, the distribution channels, the provenance, and the international trade rules are the key factors that affect the bargaining power of the international soybean market. Such measures as increasing special subsidies, promoting the diversification of soybean import sources, and promoting the expansion of soybean and other oil crops production will help improve China's bargaining power and risk resistance capacity in the international soybean market. Reference | Related Articles | Metrics | Comments（0）

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The Revitalization of Governance-Oriented Industries: A Study of the Path of Rural Industry Revitalization in Mountainous Areas Based on the Investigation of Industrial Revitalization in the Village B in Western Hubei YANG Kun, ZHANG Hui-fen, DENG Da-cai Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 84-94.   Abstract （170）            Knowledge map    Save Rural revitalization is the only way to achieve common prosperity, and industrial revitalization is the core of realizing rural revitalization. The governance-oriented industrial revitalization is an effective exploration to promote industrial revitalization through improving rural governance. Based on a follow-up survey of the industrial revitalization of Village B in western Hubei, it is found that Village B injected scarce resources such as capital, talents and technology into the development of the village industry by reshaping the village governance system, and it effectively guaranteed the sustainable development of the industry through governance in the process. To improve the governance can achieve the structure optimization of the village industry, the integration of the industrial chain and the cyclic development of the industrial economy. The governance-oriented industrial revitalization activates rural internal development resources with basic governance shaping, drives the external development factors with governance, and institutionalizes governance guarantee to achieve internal and external cohesion development driven by governance. Therefore, the governance-based industrial development model based on the basic, dynamic and guaranteed types is an effective way to lead industrial development and revitalization. With the continuous deepening of industrial development, the revitalization of the governance-oriented industries will also promote the coordinated promotion of village governance and industrial development, which is an important exploration to achieve sustainable rural revitalization. Reference | Related Articles | Metrics | Comments（0）

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The Theoretical Source, Ideological Connotation and Value of the Times of Xi Jinping's Important Expositions on Urban Construction LIU Lyu-hong, LI Shao-jun Journal of Jiangxi University of Finance and Economics    2022, 0 (5): 3-13.   Abstract （169）            Knowledge map    Save Cities are the centers of economic, political, cultural and social activities in China, which are playing a decisive role in the overall cause of the Party and the state. Since the 18th National Congress of CPC, Xi Jinping has delivered a series of important expositions around the topics of “what kind of cities to construct”and“how to construct cities”, which have formed a set of systemically integrate and logically precise theoretical system. Its theory comes from Marx and Engels' urban thought, the urban construction theory of the Communist Party of China, the wisdom of Chinese traditional urban construction and the frontier concept of foreign urban construction. Its ideological connotation includes eight aspects of the cities in the new era, such as the nature and function, construction objectives, fundamental positions, construction principles, governance logic, internal requirements, international vision, and leadership. The appearance of these important expositions have developed Marxist urban theory and the thought of urban construction with Chinese characteristics, providing a fundamental route for China's urban construction to follow in the new era, and providing Chinese wisdom for the urban construction of all countries in the world today. Reference | Related Articles | Metrics | Comments（0）

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Measurement and Evaluation of the High-Quality Development Level of China’s TouristIndustry TIAN Hong, LIU Cheng-qing Journal of Jiangxi University of Finance and Economics    2024, 0 (1): 37-53.   Abstract （166）            Knowledge map    Save The high-quality development of tourist industry is an important foundation and strong support for promoting Chinese-style modernization. Scientifically measuring and evaluating the level and the changing trend of high-quality development of regional tourism has important theoretical and practical significance. On the basis of defining the connotation of high-quality development of tourist industry, this paper constructs an evaluation index system of high-quality development of tourist industry under the guidance of the new development concept and the sustainable development theory; then it measures and evaluates the level of high-quality development of the tourist industry in 30 provinces in China. The results show thatfrom 2011 to 2019, the high-quality development level of tourism in China generally shows an upward trend year by year, and the industrial development level, the social harmony level, the innovation ability, the cultural and tourism integration degree, and the ecological protection level have been significantly improved. From 2020 to 2021, due to the impact of the COVID-19 epidemic, although the overall development level and the industrial development level have declined, the scores of the other four indicators continued to rise, which reflects that the high-quality development level of tourism of China is constantly improving with the process of high-quality development of China. However, the high-quality development level of tourism in different provinces is significantly different, and the overall development quality is at a medium level. There is still a long way to reachthe high-quality development standards. In the future, to improve the high-quality development level of tourism, we should focus on optimizing the industrial structure, improving the quality of tourism innovation, deepening the integration of culture and tourism, strengthening ecological protection, and other aspects. Reference | Related Articles | Metrics | Comments（0）

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Discussion on the Reform of the Compound Public Power Model for Executing Property Disposal: From the Perspective of Innovating the Operation Mechanism of Execution Power XIONG Jin-guang, GAO Jie Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 130-139.   Abstract （164）            Knowledge map    Save At present, the disposal of enforcement property adopts the“single public power model”that is exercised by the court in a concentrated way. The high concentration of power and the shortage of enforcement power form a prominent contradiction, which brings about a prolonged period of creditor’s rights realization, increased burden on debtors, increased risks of the enforcement team, and many other negative externalities. Through the comparative analysis of the construction theory of executive power and the mode of property disposal of execution outside the territory, it can be found that the“composite public power model”is more aligned with China’s national system, power structure and judicial tradition than the“single public power model”and the“society as public power supplementary model”in terms of power legitimacy, power compatibility, power connection, and power supervision. To improve the quality and efficiency of property disposal in enforcement, the reform and innovation of the mode of property disposal in enforcement should be gradually promoted from such aspects as empowerment of disposal rights, scientific distribution of disposal rights, strengthening of procedures and supervision of power operation, etc. Reference | Related Articles | Metrics | Comments（0）

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The Key Issues of the Guarantee of Emergency Supplies against Major Epidemics and Countermeasures from the Perspectives of Multi-Organizations and Multi-Stages ZHANG Jian-jun, ZHOU Yi-zhuo, HUO Jia-zhen Journal of Jiangxi University of Finance and Economics    2022, 0 (3): 13-24.   Abstract （161）            Knowledge map    Save The characteristics of major public health emergency, such as high uncertainty, high response requirements, high material demands, long duration and wide coverage, have sharply magnified their destruction to the economic and social operations, and posed great challenges to the theories and practices of supply chain management of the guarantee of the emergency supplies. Taking the multi-organizational collaboration and multi-stage operation of emergency material guarantee as the starting point, this paper sorts out, analyzes, and summarizes the research subjects, issues, methods, outcomes and insufficiencies related to emergency material guarantee from the levels of logistics and production capacity planning before disasters and the production and operation optimization during disasters. Then, faced with the characteristics and challenges of emergency supplies guarantee for major epidemics, it proposes some countermeasures and suggestions, including an emergency facility layout planning based on multi-organizational coordination, an emergency supply chain planning based on flexible production capacity strategy, an emergency supplies scheduling model and strategy design based on multi-organizational intelligent coordination, and a planning model design for supply chain emergency production based on the epidemic model. Reference | Related Articles | Metrics | Comments（0）

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Lowering Social Insurance Fee Rates: How to Consider both Fund Sustainability and Regional Balance SHI Chen-xi Journal of Jiangxi University of Finance and Economics    2022, 0 (3): 50-59.   Abstract （159）            Knowledge map    Save The actual effect of reducing the social insurance fee rates is affected by various linked factors such as population, economy and other policies. Considering the impact of the central adjustment system on the capital flow of the pension fund, this paper constructs an actuarial model with the provinces as the research objects to simulate the operation of pension funds and the non-equilibrium of pension expenditures in the eight major economic regions in China, when the reformation of collection agencies, the reduction of rates, and the implementation of delayed retirement policies are simultaneously put into operation. The results show that, without other policy interventions, Heilongjiang, Hebei, Qinghai and other provinces will not have the financial feasibility of decreasing social insurance fee rates. There are greater differences in the pension sustainability among different regions, and this rate reduction policy in the southern coast areas has the longest duration. Without other policy interventions, if the collection rate increases by 10%, the reduction policy implemented nationwide will increase by 3.5 years. If the collection rate reaches 85%, and the delayed retirement policy is implemented simultaneously, the reduction policy can last for 12 to 25 years. Although delayed retirement can improve the sustainability of the fund, it should still choose the way of “small steps and slow walking”, otherwise, it will further widen the imbalance of fund expenditures among different regions. Reference | Related Articles | Metrics | Comments（0）

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The Differentiation between the Court System Reform and Prosecutorial System Reform: Connotation, Reason and Route WU Wei-jun Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 140-148.   Abstract （157）            Knowledge map    Save The differentiation between the court system reform and the prosecutorial system reform means that the specific design of the judicial system reform by the court system should be distinct from that by the prosecutorial system. This is a proposition of the rule of law with Chinese characteristics, having a cooperative relation of symbiosis and mutual supplement with the reform homogenization. The different positioning of the court and the procuratorate in China’s Constitution is the basis for the differentiation of the reform of these two systems, while the differentiated reform is the inevitable choice for the judicial system to become more refined. Also it is the objective needed to solve the existing problems in the reform. Therefore, the differentiated reform strategy should properly handle the relationship between differentiation and homogenization. The reform measures should be formulated according to the different focuses on judicial fairness by the court and by the procuratorate. Special attention should be paid to the particularity of the procuratorial system reform in the reform. The judicial rules should also be followed and the reform should be promoted on the basis of accurate defining of the judicial logic and administrative logic. Reference | Related Articles | Metrics | Comments（0）

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From Poverty Alleviation to Rural Revitalization: the Participation Process, Characteristics and Trends of Private Enterprises YANG Ming, XIANG De-ping Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 74-83.   Abstract （154）            Knowledge map    Save Private enterprises are an important subject of poverty governance and have played an important role in poverty alleviation. Since the founding of New China, the participation of private enterprises in rural poverty governance has gone through a development stage from exploration to deep involvement, from small-scale intervention to overall and comprehensive participation. During the period of poverty alleviation, the poverty alleviation by private enterprises presents such characteristics as the precision of poverty alleviation concepts, the integration of poverty alleviation strategies, the diversity of poverty alleviation methods, the innovation of poverty alleviation means, and the comprehensiveness of poverty alleviation goals. Facing the era of rural revitalization, private enterprises should actively participate in the rural revitalization strategy, pay attention to the coordination of interests, integrate social resources, attach importance to capacity building, and assume social responsibilities. Reference | Related Articles | Metrics | Comments（0）

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Research on the Double Criteria of Product Recall in Global Markets: From the Perspective of Biased Perception of Fairness WANG Xin-gang, LI Zu-lan Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 12-16.   Abstract （154）            Knowledge map    Save Focusing on the different product recall patterns in the global markets, this paper conducts an analysis of the double criteria of product recall, i.e., the equal treatment and the differential treatment, in global markets from the perspective of biased perception of fairness. Through the two experiments and a contrastive analysis between the samples from China and America, the findings show that, compared with the consumers in the reference country, the consumers in the country involved have a rather bigger positive difference in their perception of fairness, perceived decision-making rationality and brand evaluation generated from the two recall patterns of the equal treatment and the differential treatment. Compared with American consumers in the context of western culture, Chinese consumers in the context of oriental culture have a much bigger positive difference in their perception of fairness, perceived decision-making rationality and brand evaluation generated from the two product recall patterns of the equal treatment and the differential treatment. This research conclusion can not only be conductive to perfecting the relative theory for the product recall coping strategy in the global markets, but also provide important reference and guidance for the product recall in the global markets. Reference | Related Articles | Metrics | Comments（0）

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Evaluation of Trade Policy, Fiscal Policy and Economic “Dual Cycle”Effect GENG Shen, QIAO Han Journal of Jiangxi University of Finance and Economics    2022, 0 (3): 25-37.   Abstract （152）            Knowledge map    Save In order to evaluate the impact of trade barriers and fiscal policies on domestic and foreign economic cycles, this paper constructs a dynamic stochastic general equilibrium model including the heterogeneity of tradable and non-tradable goods manufacturers and the profit markup of imported goods based on the small open DSGE model, so as to further analyze the impact of self-sufficiency degree of commodity on the economy. The findings show that trade barriers and tax-cut fiscal policies can promote the supply of domestic factors, increase the level of output, and inhibit the flow and output of foreign factors. In terms of specific policies, the export tax rebate policy has the best effect, which can promote domestic and foreign trade circulation and stimulate consumption. Reducing consumption tax will improve trade circulation and consumption levels other than commodity exports; reducing labor income tax will promote the export of intermediate goods and consumer goods, improve domestic and foreign consumption level, and restrain the inflow of foreign goods; lowering the capital gains tax will transform the national economy into an export-oriented economy, increasing the two-way trade in intermediate products, increasing the one-way exports of consumer goods, and lowering the consumption welfare of domestic residents; imposing tariffs will transform the economic model into a processing export-oriented type, increasing the import of intermediate products and the export of consumer goods, and reducing the export of intermediate products, the import of commodities and the level of household consumption. Increasing the proportion of non-tradable goods in the household consumption basket can improve the long-term steady balance of domestic and foreign consumer goods and factor products, reduce domestic price levels, and improve economic stability. Reference | Related Articles | Metrics | Comments（0）

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Between Government and Markets: the Intermediary Organizations of Teacher Education Governance--On the Intermediary Organizations in the Transition Period of Teacher Education in the United States since 1980’s JIANG Xi-feng Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 40-48.   Abstract （147）            Knowledge map    Save Teacher education is a cause with public beneficial, professional and marketable characteristics; the coordination and balance of these characteristics cannot be guaranteed only by depending on government and markets. During the transition period of teacher education since 1980’s in the United States, because of the limited and improper role of the government and the excessive and blind role of markets, there are many problems appeared in teacher education. In order to coordinate the relationship between government and markets, balance the multiple characteristics of teacher education, and optimize the teacher education governance, some intermediary organizations in the United States have been more and more involved in the domain of teacher education and are playing their roles at different degrees in the professional management, policy buffering, and research consultation. Although the development of the intermediary organizations of American teacher education has its institutional and cultural background different from those of China, the development of these teacher education intermediary organizations and the roles they are playing have some common characteristics, perhaps we can gain some enlightenments from the historic experiences and lessons of the intermediary organizations in the United States. Reference | Related Articles | Metrics | Comments（0）

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The Construction Mechanism and Realization Path of Risk Specifications for Personal Information Protection ZHANG Lu Journal of Jiangxi University of Finance and Economics    2022, 0 (3): 126-136.   Abstract （144）            Knowledge map    Save The personal information system in the digital age is a pre-emptive protection norm, which aims to prevent the abstract danger that may arise from the abuse of personal information. The risk specification path of personal information protection is in line with the reality of the development of the digital economy and is the best paradigm for personal information protection in the digital age. Risks triggered by personal information processing behaviors can be assessed from the two perspectives of “results” and “behaviors”. The judgment of “high risk” in personal rights violations includes two aspects: the possibility of risk occurrence and the severity of risks. The principle of accountability is the basic principle of the risk regulation path. China’s personal information protection system integrates the two risk regulation paths, i.e., “bottom-up” and “top-down”, but there still exist such problems as differentiated risks, categorized platforms, hierarchical obligations, etc. It is necessary to control the risk path as a whole from the macro level, strengthen the normative guidance of information processors from the meso level, and detail the risk norms under different scenarios on the micro level, so as to form a set of risk controllable, highly efficient and comprehensive protection mechanism. Reference | Related Articles | Metrics | Comments（0）

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Differential Demand Analysis and Policy Setting of Forest Insurance Guarantee Level in China: Based on the New Background of Income Disparity and Operation Scale FU Li-sha, QIN Tao, ZHANG Xi Journal of Jiangxi University of Finance and Economics    2022, 0 (3): 60-72.   Abstract （141）            Knowledge map    Save With the changes of forestry production and operation environment, the lower and single forest insurance guarantee level cannot meet the actual risk guarantee needs of forest operators in the new situation and under the new background. Therefore, firstly, based on the theory of reasonable hypothesis, this paper explores the differentiated risk guarantee needs of heterogeneous forest operators under the background of income differentiation and large-scale operation. Then, starting from the influencing factors of guarantee level and the way of setting, it explores the policy choice and setting of China’s forest insurance security level under the new background from the two dimensions of improving the security level and increasing the layers of security level. The results show that forest insurance plays the strongest role in ensuring the risks and income of forestry specialized households, followed by forestry households with combined occupations, and non-forest households are the weakest. The overall insurance income level of each forest operation subject increases with the improvement of the guarantee level, and the risk protection demand of forest operation subjects in high-risk areas is higher than that in lower-risk areas. Meanwhile, compared with small forest farmers, the new forestry operation subjects have greater expected benefits due to their participation in insurance against natural risks and financial risks, and have higher requirements for the risk guarantee level of forest insurance. In addition, based on the survey data of the replanting cost of eucalyptus forest, pine forest and Chinese fir forest, the basic guarantee level of forest insurance is set at 1500 yuan / mu, on this basis, the multi-layer guarantee level is improved and set; at the same time, the differentiated multi-layer guarantee level should be set by considering these three kinds of tree species and tree age, so as to realize the “standard raising” and “variety increasing” of forest insurance guarantee level. Reference | Related Articles | Metrics | Comments（0）

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The Causal Mechanism, Institutional Performance and Effectiveness Boundary of Intra-Party Regulations on Rural Governance HUA Yong Journal of Jiangxi University of Finance and Economics    2022, 0 (2): 107-115.   Abstract （139）            Knowledge map    Save Intra-Party regulations are an important guarantee for promoting the modernization of the national governance system and governance capacity, they are acting on national governance in a direct or indirect way, including the rural governance as an important part of national governance. The role of intra-Party regulations playing in rural governance stems from the Party’s own governance function and the spillover of the effectiveness of intra-Party regulations. The specific manifestations of the role of intra-Party regulations in rural governance are institutional empowerment, organizational embeddedness, and demonstrative guidance. The institutional empowerment clarifies the dominant position of Party organizations leading the grassroots governance; the organizational embeddedness ensures the full coverage of grassroots Party organizations on the one hand, and on the other hand implements the leadership of grassroots Party organizations over the grassroots political institutions and social organizations; the focus of demonstrative guidance lies in giving full play to the grassroots Party organizations as a fighting fortress and to the Party members as pioneers and examples. Rural governance is a governance system with multiple norms coexisting and co-governing. The intra-Party regulations must properly handle the relationship with national laws and village regulations, and play a role within the scope of their own adjustment and regulation. Reference | Related Articles | Metrics | Comments（0）

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A Study of the Impact of Digital Transformation on the Risk Level of Small and Medium-Sized Banks LIU Hui-chao, WANG Shu-hua Journal of Jiangxi University of Finance and Economics    2023, 0 (4): 23-37.   Abstract （139）            Knowledge map    Save Based on the samples of 112 small and medium-sized banks from 2011 to 2021, this paper analyzes the impact of digital transformation on the risk level of banks from the perspective of mathematical models and empirical studies, meanwhile, it includes the impact of digital transformation on the risk level of banks in the framework of capital replenishment for the analysis. The results show that, firstly, the impact of digital transformation on the risk of small and medium-sized banks has an inverted“U”structure, and this finding still holds after a series of robustness and endogeneity tests; secondly, the heterogeneity tests conducted in terms of size, region, and whether being listed reveals that digital transformation has a higher impact on the larger-scale banks and the small and medium-sized banks located in the eastern region, while the digital transformation of listed banks has a better inhibitory effect on bank risks than that of non-listed banks; thirdly, if capital supplements are provided to small and medium-sized banks in the process of digital transformation, it will also have a moderating effect on the level of bank risks. The above findings suggest that small and medium-sized banks should continue to increase their digital transformation efforts to curb bank risks, and that capital supplements should also be provided to small and medium-sized banks to increase their digital transformation ability to curb bank risks. Reference | Related Articles | Metrics | Comments（0）

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The Framework, Characterization and Regulation of Fintech Platforms ZHAO Yao Journal of Jiangxi University of Finance and Economics    2022, 0 (3): 116-125.   Abstract （137）            Knowledge map    Save Fintech platforms are always faced with a qualitative problem: sales or advertising. If one jumps out of the conceptual barriers of traditional attribute definitions and return to the core essence of financial law of “risk prevention and control”, it is not difficult to find that “risk introduction and risk control” constitute the two essential elements of the platforms’ characterization. From this point of view, fintech platforms present a marketization tendency to be more risk-introduced and more controllable because they dominate many businesses such as smart promotion, account association, layout design, commission sharing, and brand mixing. Therefore, in order to regulate the behavior of fintech platforms, in addition to raising the suitability obligation to the platform level at the subject level, rather than transferring it to the holding licensed institution, it is also necessary to pay attention to the challenges and innovations of fintech on the suitability obligation in terms of content. Of course, the four-layered nesting and single-holding organizational structure of financial technology platforms have always constituted the binding conditions for the above-mentioned platform characterization and behavior regulation, which should be seriously taken into consideration. Reference | Related Articles | Metrics | Comments（0）

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Accumulation of“Quantity”or Leap of“Quality”: Does Economic Policy Uncertainty Help Promote Corporate Green Innovation? LIU Xing-hua, HONG Pan Journal of Jiangxi University of Finance and Economics    2022, 0 (5): 25-41.   Abstract （135）            Knowledge map    Save Green innovation is the driving force of corporate sustainable development and the inherent requirement for promoting the stable and steady economic growth. Based on the financial data of A-share listed companies from 2010 to 2019, this paper empirically examines the impact of economic policy uncertainty on corporate green innovation from the three dimensions: total volume, quantity and quality. The findings show that economic policy uncertainty can positively stimulateenterprises to carry out green innovation and R&D. Faced with the uncertainty due to policy adjustments, enterprises pay more attention to the“quantity”of green patents than to the“quality”of green patents. In terms of the heterogeneity of property rights, economic policy uncertainty can significantly enhance the green innovation of state-owned enterprises.Corporate social responsibility has an obvious“reputation effect”, which can play a significant positive moderating role, and this moderating effect is more significant in non-state-owned enterprises. Enhancing the environmental information disclosure of the polluting enterprises will significantly inhibit the green innovation ability of enterprises under uncertain economic policies. The results of the mediating effect show that the uncertainty of economic policy can significantly enhance the risk preference of enterprise management and thus promote corporate green innovation. Reference | Related Articles | Metrics | Comments（0）