Latest ArticlesWith the rapid development of information and communication technology, it has been widely used in employees' work and life, and its influence on employees' physical and mental health has been paid more and more attention by researchers. Based on the boundary theory, this the influence mechanism of the leisure use of information and communication technology on employees' work and family conflicts was explored, with the leisure crafting and leisure spillover as the intermediary mechanism. By analyzing the survey data of 300 employees, the results show that the leisure use of information and communication technology has a positive impact on employees' leisure crafting, leisure crafting has a positive impact on employees' leisure spillover, and leisure spillover has a negative impact on employees' work-family conflict, task conflict and relationship conflict. Leisure crafting plays an intermediary role between the leisure use of information and communication technology and leisure spillover. Leisure spillover plays an intermediary role between leisure crafting and work-family conflict, task conflict and relationship conflict. In addition, leisure crafting and leisure spillover play a chain intermediary effect between the leisure use of information and communication technology and work-family conflict. It provides some theoretical guidance for employees to deal with conflicts at home and at work.
"Developing a new model of service-oriented manufacturing and promoting the high-quality development of manufacturing industry" is an important deployment made by the CPC Central Committee and the State Council. Taking Chinese manufacturing listed companies from 2011 to 2021 as the research sample, the impact of manufacturing servitization on corporate investment efficiency was empirically examined. It is found that manufacturing servitization can significantly improve the investment efficiency of enterprises, the main mechanism is that servitization helps to improve the organizational effectiveness of the company, alleviate over-investment, and improve the investment efficiency. Reducing organizational redundancy and improving asset management efficiency are important paths to improve investment efficiency. And the promotion effect of servitization on investment efficiency is more significant in enterprises with high level of corporate governance and enterprises in important industries and key areas related to national security and the lifeline of national economy. It provides new empirical evidence and theoretical explanations for the microeconomic effects of manufacturing servitization transformation, which is conducive to promoting manufacturing enterprises to further explore the value potential of servitization, and promoting the transformation and upgrading of China's manufacturing servitization to achieve high-quality development.
Under the background of the dual carbon goals, it is of strategic significance for enterprises to practiceESGconcepts and improveESGperformance for national green development goals. Anchoring on the imprinting theory, the A-share listed companies in Shanghai and Shenzhen in China from 2012 to 2022 was taken as a research sample, and the impact of party member CEOs on the performance ofESGresponsibilities was discussed. The results show that party member CEOs significantly promote theESGimplementation. Party organizations have a positive moderate effect on the performance of Party member CEOs andESGresponsibilities through political and cognitive embeddedness. Under the coercive institutional pressure, normative institutional pressure and mimetic institutional pressure, party member CEOs are more willing to promoteESGresponsibility performance, and this promotion in the companies with a high degree of embeddedness of party organizations is more significant. Mechanism analysis indicates that party member CEOs play an indirect role in theESGimplementation through information disclosure channels; Heterogeneity analysis reveals that the improvement is more significant in state-owned and low-carbon enterprises. Further analysis reveals that party member CEOs have improved the high-quality development level of enterprises by promotingESGimplementation, in both state-owned and non-state-owned enterprises, party member CEOs have significantly promoted the high-quality development of enterprises. It enriches the research on the effectiveness of party member CEOs participating in corporate governance, and provides reference for improving corporateESGperformance and helping enterprises in green transformation, provides new evidence for the high-quality party building to lead and drive the high-quality development of enterprises.
Producer services are regarded as significant intermediate inputs in the value-added creation process, exerting a crucial impact on the integration of agriculture into the global value chain (GVC). Grounded in OECD AMNE input-output data, the influence of producer services on the position in agricultural GVC was examined using a systematic GMM model. Mechanism tests demonstrate that producer services, through the effects of resource allocation and economies of scale, were utilized to enhance production efficiency and reduce trade costs, thereby promoting the elevation of the agricultural GVC position. Concerning segmented producer services, inputs such as professional and scientific-technical services, as well as financial and insurance services, significantly elevate the position in the agricultural GVC. Additionally, transportation and storage services exert a certain positive influence. However, information and communication services have a negative impact on forward participation and a positive impact on backward participation in the agricultural GVC. Hence, there is a need to strengthen the utilization of agricultural information technology in the upstream of the agricultural industry chain. The findings provide worthwhile policy insights for promoting agricultural competitiveness of developing economies, including China.
Building a high-quality China Free Trade Pilot Zone is of milestone significance in China's reform and opening up process. On the basis of analyzing the representative models and institutional characteristics of typical global free trade zones, summarizes the overall deepening characteristics and trends of China's pilot free trade zones, as well as the differences in institutional innovation of each pilot free trade zone was systematically summarized, and the role that China should play in the construction and reform of pilot free trade zones was clarified. Through analysis, it is found that there are four main problems in the development of China's pilot free trade zones, including new challenges brought about by the complex global situation, deviation in the focus of pilot free trade zone construction, lack of legislative guarantees for institutional innovation, and insufficient support for high-level opening. Subsequently, targeted institutional innovation measures have been proposed to better leverage pilot free trade zones as the basis for high-level opening. It is hoped that this opportunity will be used to improve the internal linkage mechanism of the national pilot free trade zones, eliminate differences in domestic and foreign economic and trade rules as soon as possible, and provide useful experience and inspiration for China to accelerate the construction of high-quality pilot free trade zones and the realization of high-level opening.
The key to achieving common prosperity for all lies in the common prosperity of farmers, and digital rural construction is an important channel to achieve common prosperity for farmers. Based on panel data from 30 provinces (Due to the lack of data, the statistical data mentioned here do not include the Tibet Autonomous Region, the Hong Kong Special Administrative Region, the Macao Special Administrative Region and Taiwan Province.) in China from 2012 to 2022, it innovatively incorporates digital rural construction, migrant workers returning to their hometowns for entrepreneurship, and common prosperity among farmers into the same development framework to empirically test the relationship between the three. The research results show that the construction of digital rural areas helps to promote the return of migrant workers to their hometowns for entrepreneurship and the common prosperity of farmers. The construction of digital rural areas has a positive impact on the common prosperity of farmers through the return of migrant workers to their hometowns for entrepreneurship, and this conclusion has a certain degree of robustness. The promotion effect of digital rural construction has heterogeneity in education level and agricultural labor productivity, specifically manifested as a stronger promotion effect on lower and middle education levels, as well as common prosperity with farmers in areas with low agricultural labor productivity. Based on the research findings, it proposes key directions for promoting common prosperity among farmers by comprehensively accelerating the construction of digital rural areas, taking multiple measures to promote the return of migrant workers to their hometowns for entrepreneurship and employment, and promoting regional coordinated development according to local conditions.
Financial management is an important way to achieve inter-period smoothing of residents' consumption, and internet financial management, with its convenience and universality, has rapidly penetrated into residents' households and exerted an important influence on their consumption behavior. A theoretical model of the impact of internet finance on residents' consumption has been constructed and the relationship between internet finance and households' residential consumption has been tested by using data from the 2017 and 2019 China Household Finance Survey (CHFS). It is found that, first, internet finance can significantly promote household residential consumption, and the use of instrumental variables, replacing the explanatory variables and changing the sample do not affect the robustness of the findings. Second, internet finance has an impact mainly through three mechanisms, such as obtaining interest returns, providing payment convenience and alleviating credit constraints. Again, heterogeneity analysis finds that this consumption-promoting effect is more pronounced in the east-central region, the lower middle-income and low-education households. In particular, if there are unmarried sons in the family, internet finance has no significant effect on consumption. Finally, the impact of Internet finance on consumption upgrading is further investigated in two dimensions: consumption level enhancement and consumption structure optimization, and it is found that internet finance significantly increases the proportion of development and enjoyment-oriented consumption, while significantly decreasing the proportion of survival-oriented consumption. Therefore, the development of internet finance helps to expand domestic demand and achieve the upgrading of residents' consumption, thus promoting the formation of a large domestic cycle pattern.
Contract farming is an effective approach for integrating small farmers into modern agriculture and serves as the dominant form for the industrialization of agriculture in China. A theoretical analytical framework for the impact of contract farming on the income of livestock farmers was constructed. Utilizing micro-survey data from 610 beef cattle farmers and employing propensity score matching, empirical tests were conducted to examine the influence of contract farming on farmers' income and its operating mechanisms. Participation in contract farming significantly enhances the income levels of livestock farmers. Both sales contracts and production management contracts significantly contribute to increased farmer income, with production management contracts having a more substantial impact. Group difference analysis reveals heterogeneous effects of contract farming on income for different groups based on factors such as farming duration, scale, and training. Farming costs and technological aspects play a significant mediating role in the relationship between contract farming and farmer income, promoting income growth through scale and technical efficiency. Farming relay has a positive regulatory role in the process of contract farming improving farmer income. Governments should actively create favorable conditions to encourage and guide the development of contract farming. Benefiting from the characteristics of farmers' resource endowment, mechanisms for profit distribution between companies and farmers should be improved. Through the "learning by doing" effect, the promotion and application of new technologies should be advanced. In contract farming, the promotion of a relay-style farming operation, with separate breeding of parent livestock and centralized breeding and fattening of offspring, is emphasized to facilitate the sustainable and high-quality development of the livestock industry.
The high-quality development of agricultural enterprises lays a solid foundation for rural revitalization and promotes common prosperity among farmers, while the enterprises have financial needs for their own development. The data of Chinese agricultural enterprises from 1998 to 2015 with information on financial licenses was matched to explore the impact and mechanisms of banking competition on the productivity growth of agricultural enterprises. The results show that banking competition improves the productivity of agricultural enterprises, and the conclusion remain robust after considering measurement errors andendogeneity issues. The analysis of the impact mechanism shows that banking competition improves the productivity of agricultural enterprises by promoting loan availability. Heterogeneity analysis shows that competition in the banking industry has a stronger promoting effect on the productivity of small and medium-sized enterprises compared to large enterprises, and a greater promoting effect on the productivity of established enterprises compared to new enterprises. Banking competition has a greater promoting effect on the productivity of private enterprises compared to state-owned and foreign-funded enterprises. Meanwhile, factors such as asset size, current assets, capital intensity, and debt levels have a significant impact on productivity. These findings provide policy implications for optimizing the rural financial system and promoting rural industrial revitalization.
In order to explore the relationship among environmental regulation, the transformation of resource-based cities, and spatial spillover of resources, a semi-parametric threshold spatial Durbin model (STSDM) was constructed based on data from 113 resource-based prefecture-level cities from 2011 to 2021, starting from the perspective of spatial spillover. The nonlinear relationship between environmental regulation on the transformation performance of resource-based cities and the impact of asymmetric spatial spillover is explored. The results show under the linear assumption, environmental regulation is not conducive to improving the transformation performance of cities. However, under the nonlinear assumption, environmental regulation is beneficial to improving the transformation performance of resource-based cities in the early stage. It has a non-linear long-term characteristic with a "diminishing marginal effect", and the partial derivative plot shows a weak "U-shaped" feature. There is asymmetry in the spatial spillover effects on the transformation performance of resource-based cities. The higher the stage of environmental regulation in resource-based cities, they can obtain the fewer spatial spillover bonuses for the transformation of urban performance. Based on this, policy suggestions are put forward, such as adapting environmental regulation policies to local conditions and establishing a long-term environmental protection mechanism.