Pub Date : 2024-07-23DOI: 10.54254/2754-1169/100/20241106
Mingsheng Wang
Currently local government debt is a major concern for all sectors of society, but there is still a debate about the relationship between local government debt and social welfare. This paper addresses the question of the impact of local debt and social welfare in China, using a case study of data from Zhejiang and Anhui from 2014-2019 to qualitatively analyze the impact of local debt and social welfare in four dimensions: consumption, infrastructure, education, and health. The results found that: first, the growth of local debt has an inverted U-shaped impact on residents' welfare, which is manifested in the fact that before the size of local debt reaches the critical value, the increase of local debt can enhance social welfare, but after exceeding the critical value, the increase of local debt makes social welfare decline; second, in terms of sub-welfare index factors, there are different correlation degrees between different factors and the indicators of local debt, and thus have different characteristics of development at different stages are characterized by different developments.
{"title":"Local Debt and Social Welfare in China: Evidence from Zhejiang and Anhui","authors":"Mingsheng Wang","doi":"10.54254/2754-1169/100/20241106","DOIUrl":"https://doi.org/10.54254/2754-1169/100/20241106","url":null,"abstract":"Currently local government debt is a major concern for all sectors of society, but there is still a debate about the relationship between local government debt and social welfare. This paper addresses the question of the impact of local debt and social welfare in China, using a case study of data from Zhejiang and Anhui from 2014-2019 to qualitatively analyze the impact of local debt and social welfare in four dimensions: consumption, infrastructure, education, and health. The results found that: first, the growth of local debt has an inverted U-shaped impact on residents' welfare, which is manifested in the fact that before the size of local debt reaches the critical value, the increase of local debt can enhance social welfare, but after exceeding the critical value, the increase of local debt makes social welfare decline; second, in terms of sub-welfare index factors, there are different correlation degrees between different factors and the indicators of local debt, and thus have different characteristics of development at different stages are characterized by different developments.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"2 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141813756","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-23DOI: 10.54254/2754-1169/96/2024mur0118
Guanheng Li
With the acceleration of urbanization, the strategy of sustainable development in urban planning has become increasingly important. There have been several non-environmental-friendly issues emerging in urban areas. For example, the construction industry is one of the key economic development activities in Thailand. An increase of the construction sector also contributed to the increasing of environmental pollution. This is a typical environmental issue among industrial areas of the urban. To resolve these kinds of issues, people should prioritize developing sustainable cities. This includes implementing green building standards, enhancing energy efficiency, and promoting renewable energy sources. Sustainable city planning also involves preserving natural habitats, promoting biodiversity, and reducing carbon emissions through initiatives like public transportation systems and bike-friendly infrastructure. This paper analyzes the concept of sustainable development and its application in urban planning. By exploring the sustainable development strategy in urban planning, people can promote the balanced development of economy, society, and environment, and realize the long-term sustainable development goal of cities.
{"title":"Sustainable Development Strategies in Urban Planning","authors":"Guanheng Li","doi":"10.54254/2754-1169/96/2024mur0118","DOIUrl":"https://doi.org/10.54254/2754-1169/96/2024mur0118","url":null,"abstract":"With the acceleration of urbanization, the strategy of sustainable development in urban planning has become increasingly important. There have been several non-environmental-friendly issues emerging in urban areas. For example, the construction industry is one of the key economic development activities in Thailand. An increase of the construction sector also contributed to the increasing of environmental pollution. This is a typical environmental issue among industrial areas of the urban. To resolve these kinds of issues, people should prioritize developing sustainable cities. This includes implementing green building standards, enhancing energy efficiency, and promoting renewable energy sources. Sustainable city planning also involves preserving natural habitats, promoting biodiversity, and reducing carbon emissions through initiatives like public transportation systems and bike-friendly infrastructure. This paper analyzes the concept of sustainable development and its application in urban planning. By exploring the sustainable development strategy in urban planning, people can promote the balanced development of economy, society, and environment, and realize the long-term sustainable development goal of cities.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"34 51","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141814111","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-23DOI: 10.54254/2754-1169/96/2024mur0115
Sixiao Chen
Based on the idea of sustainable development, this paper explores the planning and development of smart cities. Cities face many issues as global urbanization picks up speed, including environmental pollution, resource depletion, traffic congestion, and social inequality. To address these challenges, the notion of sustainable development has become a guiding principle for many city policymakers, aiming to meet contemporary needs while safeguarding future development. Smart cities utilize advanced information and communication technology to enhance urban operational efficiency, improve resource management, and enhance residents' quality of life, thereby providing a more sustainable development model for cities. This paper focuses on the key areas of smart city planning, including energy utilization and environmental protection, smart transportation and urban mobility, smart city planning and land use, social equity, and community engagement. Using Shenzhen as a case study, the practical application of the notion of sustainable development in smart city construction is elucidated, providing valuable insights and practical references for future smart cities.
{"title":"Planning and Development of Smart Cities Based on the Concept of Sustainable Development","authors":"Sixiao Chen","doi":"10.54254/2754-1169/96/2024mur0115","DOIUrl":"https://doi.org/10.54254/2754-1169/96/2024mur0115","url":null,"abstract":"Based on the idea of sustainable development, this paper explores the planning and development of smart cities. Cities face many issues as global urbanization picks up speed, including environmental pollution, resource depletion, traffic congestion, and social inequality. To address these challenges, the notion of sustainable development has become a guiding principle for many city policymakers, aiming to meet contemporary needs while safeguarding future development. Smart cities utilize advanced information and communication technology to enhance urban operational efficiency, improve resource management, and enhance residents' quality of life, thereby providing a more sustainable development model for cities. This paper focuses on the key areas of smart city planning, including energy utilization and environmental protection, smart transportation and urban mobility, smart city planning and land use, social equity, and community engagement. Using Shenzhen as a case study, the practical application of the notion of sustainable development in smart city construction is elucidated, providing valuable insights and practical references for future smart cities.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"33 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141814334","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-23DOI: 10.54254/2754-1169/98/2024ox0107
Xuanyuan Shuhao
The global economy is in a downward trend due to the COVID-19 pandemic, the current war between regions, and worsening relations between countries. In 2023, China's leading real estate company, a pillar industry, will be unable to repay its debts. In the context of economic globalization, this paper will explore the impact of the real estate industry in the United States, analyze the investment value through several indicators, and analyze the data of four leading real estate enterprises in the United States, namely D.R.Horton, Lennar Corporation, LGI Homes and NVR. Through the calculation of EPS, P/E ratio, PEG ratio, revenue and EPS growth rate and GP/A ratio, these indicators are used to determine which company is the most valuable investment company among the leading enterprises in the US real estate industry. The research in this paper can not only identify the companies with the highest investment value, but also provide ideas for future research on other companies in other industries.
受 COVID-19 大流行病、当前地区间战争和国家间关系恶化的影响，全球经济正处于下行趋势。2023 年，作为支柱产业的中国房地产龙头企业将无力偿还债务。在经济全球化的大背景下，本文将探讨美国房地产业的影响，通过多个指标分析其投资价值，并对美国四家龙头房企 D.R.Horton、Lennar Corporation、LGI Homes 和 NVR 的数据进行分析。通过计算每股收益、市盈率、市净率、收入和每股收益增长率、GP/A比率等指标，判断美国房地产行业龙头企业中哪家公司最具投资价值。本文的研究不仅可以找出最具投资价值的公司，还可以为今后研究其他行业的其他公司提供思路。
{"title":"Comparison of Business Investment Value in Real Estate Industry","authors":"Xuanyuan Shuhao","doi":"10.54254/2754-1169/98/2024ox0107","DOIUrl":"https://doi.org/10.54254/2754-1169/98/2024ox0107","url":null,"abstract":"The global economy is in a downward trend due to the COVID-19 pandemic, the current war between regions, and worsening relations between countries. In 2023, China's leading real estate company, a pillar industry, will be unable to repay its debts. In the context of economic globalization, this paper will explore the impact of the real estate industry in the United States, analyze the investment value through several indicators, and analyze the data of four leading real estate enterprises in the United States, namely D.R.Horton, Lennar Corporation, LGI Homes and NVR. Through the calculation of EPS, P/E ratio, PEG ratio, revenue and EPS growth rate and GP/A ratio, these indicators are used to determine which company is the most valuable investment company among the leading enterprises in the US real estate industry. The research in this paper can not only identify the companies with the highest investment value, but also provide ideas for future research on other companies in other industries.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"122 23","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141812110","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-23DOI: 10.54254/2754-1169/96/2024mur0119
Xinrui Lu
As an important way to promote urban economic and cultural development, the smart city is an inevitable choice for future urban development. This paper first expounds on the concept and proposal of a smart city, discusses the background of the development of smart cities in China, and then introduces the current development of a smart city in Chengdu, a pilot city, and establishes a complete intelligent system to promote the operation of the city and improve people's living efficiency. Then, according to the design concept of green building, the common ground between green building and smart city development is analyzed. Taking epidemic prevention as the entry point, how to develop and play its role is discussed. The problems such as information "isolated island" and incomplete technology deployment are analyzed. Finally, some suggestions are put forward for related issues, and a bright prospect is given for the future blossoming and unlimited potential of smart cities.
{"title":"Construction and Development of Smart Cities -- Taking Chengdu as an Example","authors":"Xinrui Lu","doi":"10.54254/2754-1169/96/2024mur0119","DOIUrl":"https://doi.org/10.54254/2754-1169/96/2024mur0119","url":null,"abstract":"As an important way to promote urban economic and cultural development, the smart city is an inevitable choice for future urban development. This paper first expounds on the concept and proposal of a smart city, discusses the background of the development of smart cities in China, and then introduces the current development of a smart city in Chengdu, a pilot city, and establishes a complete intelligent system to promote the operation of the city and improve people's living efficiency. Then, according to the design concept of green building, the common ground between green building and smart city development is analyzed. Taking epidemic prevention as the entry point, how to develop and play its role is discussed. The problems such as information \"isolated island\" and incomplete technology deployment are analyzed. Finally, some suggestions are put forward for related issues, and a bright prospect is given for the future blossoming and unlimited potential of smart cities.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"65 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141813044","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-23DOI: 10.54254/2754-1169/96/2024mur0097
Junyan Chen
Since the end of the epidemic, people's travel demand has gradually recovered, and the demand for transportation has greatly increased; however, in this context, Tesla Motors has experienced a decline in sales. The aim of this study was to examine the reasons that contributed to the decrease in Tesla's sales in the first quarter of 2024. This article examines the variables that have contributed to the decline in Tesla's sales by reviewing sales statistics from previous years in Europe, the United States, and China. This study subsequently outlines the three main variables that are responsible for the decrease in sales for Tesla. The reasons include several variables, such as production challenges, increased competition, and a negative shift in client preferences. This article proposes three ideas to tackle the problem of decreasing sales: diversifying the product range, establishing strategic alliances, and enhancing the charging infrastructure. Moreover, this post has greatly advanced the electric vehicle market by clarifying the reasons for its decline and providing helpful suggestions.
{"title":"Analyzing the Reasons on Decreasing in Sales for Tesla","authors":"Junyan Chen","doi":"10.54254/2754-1169/96/2024mur0097","DOIUrl":"https://doi.org/10.54254/2754-1169/96/2024mur0097","url":null,"abstract":"Since the end of the epidemic, people's travel demand has gradually recovered, and the demand for transportation has greatly increased; however, in this context, Tesla Motors has experienced a decline in sales. The aim of this study was to examine the reasons that contributed to the decrease in Tesla's sales in the first quarter of 2024. This article examines the variables that have contributed to the decline in Tesla's sales by reviewing sales statistics from previous years in Europe, the United States, and China. This study subsequently outlines the three main variables that are responsible for the decrease in sales for Tesla. The reasons include several variables, such as production challenges, increased competition, and a negative shift in client preferences. This article proposes three ideas to tackle the problem of decreasing sales: diversifying the product range, establishing strategic alliances, and enhancing the charging infrastructure. Moreover, this post has greatly advanced the electric vehicle market by clarifying the reasons for its decline and providing helpful suggestions.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"111 23","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141812091","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-23DOI: 10.54254/2754-1169/100/20241089
Haoyang Li
This essay explores the pervasive challenge of asymmetric information in healthcare, where the ideal of transparent markets often conflicts with the reality of information disparity. This essay analyzes critical sources, including academic papers and industry insights, and delineates the far-reaching impacts of asymmetric information on healthcare delivery and economics. The paper underlines the urgent need for comprehensive solutions to bridge the information gap and foster equitable access to healthcare. The research employs a multifaceted methodology, encompassing surveys, interviews, and literature reviews, to dissect asymmetric information in pivotal healthcare domains. The findings emphasize the necessity of improving doctor-patient communication, enhancing access to accurate medical insights, and incentivizing transparent information sharing for a healthcare landscape characterized by fairness and informed decision-making. The essay concludes by advocating for collaborative efforts involving policymakers, healthcare professionals, researchers, and consumers to realize a healthcare system free from the constraints of asymmetric information. Future research should delve into the long-term effects of improved information dissemination, the role of technology, and the behavioral economics aspects of healthcare decision-making.
{"title":"Asymmetric Information in the Field of Healthcare","authors":"Haoyang Li","doi":"10.54254/2754-1169/100/20241089","DOIUrl":"https://doi.org/10.54254/2754-1169/100/20241089","url":null,"abstract":"This essay explores the pervasive challenge of asymmetric information in healthcare, where the ideal of transparent markets often conflicts with the reality of information disparity. This essay analyzes critical sources, including academic papers and industry insights, and delineates the far-reaching impacts of asymmetric information on healthcare delivery and economics. The paper underlines the urgent need for comprehensive solutions to bridge the information gap and foster equitable access to healthcare. The research employs a multifaceted methodology, encompassing surveys, interviews, and literature reviews, to dissect asymmetric information in pivotal healthcare domains. The findings emphasize the necessity of improving doctor-patient communication, enhancing access to accurate medical insights, and incentivizing transparent information sharing for a healthcare landscape characterized by fairness and informed decision-making. The essay concludes by advocating for collaborative efforts involving policymakers, healthcare professionals, researchers, and consumers to realize a healthcare system free from the constraints of asymmetric information. Future research should delve into the long-term effects of improved information dissemination, the role of technology, and the behavioral economics aspects of healthcare decision-making.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"50 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141813349","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-23DOI: 10.54254/2754-1169/100/20241101
Wenchong He, Chengyuan Tang
This paper investigates the significant role of political decisions and institutional frameworks in shaping global economic dynamics. It critically assesses the interconnections between political stability, regulatory policies, and economic growth, emphasizing how these elements influence investment decisions and market efficiency. By exploring the ramifications of trade agreements and protectionism, the study illustrates their profound impact on international trade and domestic economies. It analyzes how stable political environments contribute to robust economic policies, while political unrest can lead to economic downturns. The paper further examines the role of institutional frameworks in enforcing or undermining economic stability, where strong institutions foster economic growth and weak ones may cause volatility and inefficiency. Drawing on empirical evidence and theoretical models, this comprehensive analysis underscores the delicate balance required in policy-making to enhance economic stability and growth in an interconnected global economy. This study aims to provide policymakers and scholars with deeper insights into how political and institutional mechanisms interact to shape economic landscapes, thus aiding in the formulation of strategies that promote sustainable economic development.
{"title":"Navigating the Complex Landscape of Global Economics: The Role of Political Decisions and Institutional Frameworks","authors":"Wenchong He, Chengyuan Tang","doi":"10.54254/2754-1169/100/20241101","DOIUrl":"https://doi.org/10.54254/2754-1169/100/20241101","url":null,"abstract":"This paper investigates the significant role of political decisions and institutional frameworks in shaping global economic dynamics. It critically assesses the interconnections between political stability, regulatory policies, and economic growth, emphasizing how these elements influence investment decisions and market efficiency. By exploring the ramifications of trade agreements and protectionism, the study illustrates their profound impact on international trade and domestic economies. It analyzes how stable political environments contribute to robust economic policies, while political unrest can lead to economic downturns. The paper further examines the role of institutional frameworks in enforcing or undermining economic stability, where strong institutions foster economic growth and weak ones may cause volatility and inefficiency. Drawing on empirical evidence and theoretical models, this comprehensive analysis underscores the delicate balance required in policy-making to enhance economic stability and growth in an interconnected global economy. This study aims to provide policymakers and scholars with deeper insights into how political and institutional mechanisms interact to shape economic landscapes, thus aiding in the formulation of strategies that promote sustainable economic development.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"111 19","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141812095","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-23DOI: 10.54254/2754-1169/100/20241061
Hongyang Zhao, Fan Zhang
Based on the current imperfect regulatory system for non-legal digital currencies in China, this article focuses on the regulation of non-legal digital currencies, exploring regulatory paths and models suitable for Chinas national conditions based on the regulatory experiences of typical foreign countries. The renowned law and economics theory frameworkthe Coase-Meade frameworkis adopted to analyze the overall regulatory model of non-legal digital currency regulation abroad. Firstly, based on the applicability value of the Coase-Meade framework to the subject of this study, typical countries such as Germany, the United States, the United Kingdom, Japan, and South Korea are analyzed under the Coase-Meade frameworks prohibition and transaction rules, property rules, and liability rules to clarify their legal characterization of non-legal digital currencies and explore regulatory paths in terms of legal, financial, and technological regulation. Next, the characteristics of foreign regulatory models are reviewed, including scenario-based regulation, centralized regulation, and categorized regulation. Finally, drawing on Chinas current prohibition stance and overseas practical experience, the article preliminarily clarifies the legal attributes of non-legal digital currencies. Then, it constructs a regulatory framework suitable for the country from the perspectives of principles, priorities, and methods based on the chosen paths of typical countries. Additionally, it emphasizes the clarity of regulatory responsibilities for regulatory agencies and the establishment of other self-regulatory bodies to enhance the coordination of domestic regulatory entities. Furthermore, it actively explores international cooperation to strengthen international coordination in regulation, enhancing Chinas international influence and discourse power.
{"title":"International Regulatory Experience and Enlightenment on Non-Legal Tender Digital Currency from the Perspective of the Kame Framework","authors":"Hongyang Zhao, Fan Zhang","doi":"10.54254/2754-1169/100/20241061","DOIUrl":"https://doi.org/10.54254/2754-1169/100/20241061","url":null,"abstract":"Based on the current imperfect regulatory system for non-legal digital currencies in China, this article focuses on the regulation of non-legal digital currencies, exploring regulatory paths and models suitable for Chinas national conditions based on the regulatory experiences of typical foreign countries. The renowned law and economics theory frameworkthe Coase-Meade frameworkis adopted to analyze the overall regulatory model of non-legal digital currency regulation abroad. Firstly, based on the applicability value of the Coase-Meade framework to the subject of this study, typical countries such as Germany, the United States, the United Kingdom, Japan, and South Korea are analyzed under the Coase-Meade frameworks prohibition and transaction rules, property rules, and liability rules to clarify their legal characterization of non-legal digital currencies and explore regulatory paths in terms of legal, financial, and technological regulation. Next, the characteristics of foreign regulatory models are reviewed, including scenario-based regulation, centralized regulation, and categorized regulation. Finally, drawing on Chinas current prohibition stance and overseas practical experience, the article preliminarily clarifies the legal attributes of non-legal digital currencies. Then, it constructs a regulatory framework suitable for the country from the perspectives of principles, priorities, and methods based on the chosen paths of typical countries. Additionally, it emphasizes the clarity of regulatory responsibilities for regulatory agencies and the establishment of other self-regulatory bodies to enhance the coordination of domestic regulatory entities. Furthermore, it actively explores international cooperation to strengthen international coordination in regulation, enhancing Chinas international influence and discourse power.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"30 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141813033","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-23DOI: 10.54254/2754-1169/100/20241121
Pinyi Liu
With an emphasis on the e-commerce industry specifically, this paper examines the revolutionary role that data analytics and technological innovation play in enhancing the customer experience and streamlining e-commerce operations. It explores the ways in which cutting-edge technologies, including big data, augmented reality, virtual reality, and artificial intelligence, can be leveraged to precisely understand consumer preferences in order to provide engaging, effective, and personalized shopping experiences. The study emphasizes how these technologies are revolutionizing front-end consumer interactions with personalized product recommendations, immersive shopping experiences, and instant customer service, while also improving back-end operations like inventory management and supply chain optimization. Using Chewy.com as an example, this paper explores technology applied in virtual and augmented reality and artificial intelligence in pet e-commerce and demonstrates how their integration with technology indicates great benefits toward consumer needs, business growth, and competitive leverage within the dynamism of e-commerce. The aim of this paper is to aid e-commerce practitioners in capturing the most out of data and technology for business models, customer satisfaction, and market positioning in an ever-increasing digital market.
{"title":"Optimizing E-commerce Operational Efficiency and Customer Experience Through Data Analytics and Technological Innovation","authors":"Pinyi Liu","doi":"10.54254/2754-1169/100/20241121","DOIUrl":"https://doi.org/10.54254/2754-1169/100/20241121","url":null,"abstract":"With an emphasis on the e-commerce industry specifically, this paper examines the revolutionary role that data analytics and technological innovation play in enhancing the customer experience and streamlining e-commerce operations. It explores the ways in which cutting-edge technologies, including big data, augmented reality, virtual reality, and artificial intelligence, can be leveraged to precisely understand consumer preferences in order to provide engaging, effective, and personalized shopping experiences. The study emphasizes how these technologies are revolutionizing front-end consumer interactions with personalized product recommendations, immersive shopping experiences, and instant customer service, while also improving back-end operations like inventory management and supply chain optimization. Using Chewy.com as an example, this paper explores technology applied in virtual and augmented reality and artificial intelligence in pet e-commerce and demonstrates how their integration with technology indicates great benefits toward consumer needs, business growth, and competitive leverage within the dynamism of e-commerce. The aim of this paper is to aid e-commerce practitioners in capturing the most out of data and technology for business models, customer satisfaction, and market positioning in an ever-increasing digital market.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"62 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141810566","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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