All of the articles in this proceedings volume have been presented at the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024) during December 29-31, 2023 in Sanya, China. These articles have been peer reviewed by the members of the Scientific Committees and reviewers...

With the implementation of the new government accounting system, there have been significant changes in the accounting of fixed assets in public service institutions. Financial professionals are required to adjust their fixed asset accounting methods to align with these new changes. This paper provides...

The Super Bowl, one of the biggest sporting events in the United States, has significant economic benefits for the country. These benefits primarily stem from various economic activities associated with the event, such as advertising, tourism, and business investments. Additionally, as Asia emerges as...

This article proposes an investment allocation method for hierarchical classification of distribution network investment under the new situation. Firstly, the total investment amount is determined based on the unit investment effect of the overall planning of the distribution network in historical years....

Anti-dumping and anti-subsidy investigations are the most important means to maintain fair competition and market order in international trade. In recent years, the global competition in the electric vehicle industry has been fierce, and China has taken a leading position in the supply chain of the electric...

This paper aims to quantify the level of digital transformation of commercial banks by big data mining and employ a multiple linear regression statistical model to verify the correlation between digital transformation and the stability of banks. By analyzing the unbalanced panel data of 42 Chinese listed...

This study constructs a five-dimensional index system, including economic structure optimization, innovation-driven, environment-friendly, people’s life improvement and efficient public services, and uses the entropy method to comprehensively evaluate the regional high-quality development index of Jiangsu...

Based on the 84 agreements concluded by RCEP member countries from 2003 to 2022 and their international patent cooperation data, this paper explores the impact of technology transfer-related provisions in RTAs on international scientific and technological cooperation among member states. The results...

This study investigates how political turnover affects breakthrough inventions in Chinese cities. Our empirical evidence reveals a positive correlation between political turnover and breakthrough inventions when analyzing industry-region pairs instead of focusing on individual firms or regions. The results...

This article introduces the background, development status, advantages, and performance of China’s payment by phone number service and Zelle payment tool in the United States, and points out the problems and disadvantages of both. Then analyze the similarities and differences between the two in terms...

In order to deeply reveal the economic relationship between the main stakeholders of accident concealment, this paper constructed a “principal-agent” model and incorporated rent-seeking behavior into the model, and analyzed the two cases of agent corruption and rent-seeking corruption respectively. The...

With the rapid development of science and technology and the advancement of digital transformation, financial technology and innovation have received widespread attention around the world. This article conducted a systematic search on the Web of Science (WoS) database and used scientometric analysis...

Coffee, the ubiquitous elixir of our modern world, captivates us with its potent aroma and promises of alertness. But beyond the familiar steam, lies a complex dance of motivations, preferences, and cultural nuances that fuel our consumption. This research uses bibliometrics, a powerful quantitative...

The degree of openness of China’s capital market has deepened continuously over the course of more than four decades of reform and opening up. The Chinese market environment has gradually converged with international markets, and numerous new concepts and ideas have been reshaping the domestic market...

In this paper, we delve into the transformative role of large language models (LLMs) in the evolving digital economy, particularly within the manufacturing industry. We begin by demystifying the fundamental principles of LLMs, aiming to deepen the reader’s comprehension. Subsequently, we explore the...

The global political and economic landscape is in a state of constant flux, rendering traditional competitiveness evaluation systems obsolete in the face of emerging challenges. This paper addresses the need for a new competitiveness evaluation system tailored to the dynamics of multinational enterprises....

Reducing taxes and fees is an important fiscal policy to promote the innovation activities of micro subjects. This paper takes the ambidextrous innovation of Chinese enterprises as the starting point, selects the data of Chinese A-share listed companies from 2008 to 2021, examines the impact of tax and...

This paper analyzes the selection and evolution process of game strategies by constructing an imperfectly rational government, platform enterprises and practitioners as a model of a three-party evolutionary game, and analyzes the conditions for reaching the optimal evolutionary steady state using numerical...

The development of China’s semiconductor industry has become an essential aspect of high-quality growth in the new stage. The vulnerability of the semiconductor supply chain has emerged as a crucial indicator of the industry’s progress. This piece of writing presents an evaluation of the effectiveness...

This paper discusses the impact of digital economy development on the level of industrial synergistic agglomeration and the mechanism of its role based on the panel data of 110 cities in the Yangtze River Economic Belt from 2011-2019. The results show that: (1) The development of digital economy in the...

At present, it is a critical period for China’s green economy transformation. From the perspective of tax reduction and fee reduction, this article explores the impact of tax reduction and fee reduction on the green development of China’s industries. A green development indicator system was constructed...

As a key measure to deepen the supply-side structural reform, tax and fee reduction policies to help enterprises and boost the upgrading of industrial structure. In order to ease the local financial pressure, the central government has borne the main cost of tax reduction and fee reduction. Local governments...

This paper provides an in-depth examination of the latest trends in financial technology (FinTech) and their profound impact on the global financial sector. By delving into groundbreaking innovations such as blockchain technology, the integration of artificial intelligence (AI) in banking, and the burgeoning...

Since the 21st century, the world economic situation has undergone complex changes. Macroeconomic forecasting has become a hot topic of research for many scholars. An accurate macroeconomic forecast is of great significance to the country, enterprises, and individuals. However, in the post-pandemic era,...

Based on consumers’ different value preferences for EV charging and swapping battery, a tripartite game model is constructed from the perspective of EV manufacturers and swapping battery station builders to reveal the optimal decision under the competition between charging mode and swapping battery mode....

Based on the panel data of cities in East China from 2005 to 2021 and from the perspective of gradual expansion of the Yangtze River Delta urban agglomerations, this paper constructs a differentially differential model to empiricly study the impact of regional integration on tax competition among local...

The purpose of this study is to explore the role of customer attributes in explaining customer consumption preferences. Through the different personal situation of customers, the consumption choice of customers is classified and discussed. Specifically, the annual household income, the customer’s education...

In today’s dynamic business landscape, credit risk assessment has become an essential aspect of financial institutions success, and a comprehensive understanding of the most important variables that affect creditworthiness is critical. This essay focuses on the analysis of customer credit risk based...

The COVID-19 pandemic in 2020 led to changes in fiscal policy around the world. This paper uses the COVID-19 financial responses of governments as samples, investigating the relationship between fiscal policies and income level and authority. The research use three sorts of methods: comparative analysis,...

In the context of governmental involvement in market operations, subsidies represent a crucial instrument for macroeconomic regulation and the reallocation of societal resources. Given the significance of macroeconomic policies on micro-level enterprises as well as corporate governance structures, this...

In recent years, the continuous development of digital technology and inclusive finance has provided a strong impetus for rural revitalization. With the advantages of wide coverage, low cost and wide range of service targets, digital inclusive financial services have become a key support for solving...

Against the background of the macro-environment of China’s increasingly perfect tax administration system reform, this paper tries to explore the influence mechanism of female executives on corporate tax aggressive behavior based on the current situation that the proportion of female executives in China...

With the rapid development of “Internet Plus” digital technology, China's labor market is undergoing a platform-based transformation. The emerging new forms of employment represented by the “gig economy” have given rise to a new type of employment group, the gig workers. The fragmented and diversified...

Under the background of the global economic decline caused by COVID-19’s epidemic situation, the contradiction between supply and demand of intellectual property pledge financing in China has become increasingly prominent. This paper introduces venture capital into the process of intellectual property...

This article undertakes a rigorous exploration into the application of statistical analysis and econometric methods within the ambit of international taxation, a critical component of advanced financial management. International tax regimes present a unique set of challenges and opportunities for multinational...

As a matter of fact, the valuation of options is a fundamental element of financial markets and investment in general especially in recent years. With this in mind, this study provides an overview and analysis of three commonly used options as well as the methods used to price them. To be specific, these...

In the contemporary design landscape, the synergy between industrial design and product interaction design has emerged as a cornerstone for crafting exceptional user experiences. This scholarly article meticulously examines how the confluence of these two realms can elevate product appeal, enhance usability,...

As a matter of fact, Commercial banks are economical institutions making money by taking deposits, lending loans and investing. In previous, banks were hard to deal with data created in every daily processes. Big data mining technology is a hi-tech tool helping collecting, storing and analyzing a huge...

As a matter of fact, option pricing is a vital area in mathematical finance, and various academic pricing methods has shed light on specific option types’ pricing, among which Black-Scholes model and Binomial Tree model are the most widely-used measures. However, recent debates have been concentrated...

As a matter of fact, Monte-Carlo method has been widely implemented in various fields including distribution issues and stochastic process in recent years. With this in mind, this study mainly focuses the utilization of Monte-Carlo simulation onto some real-life scenarios. In retrospect, the Monte-Carlo...

In response to the problem of sea empty container transportation under random conditions, a comprehensive consideration is given to the conversion problem between short-term container rental and heavy empty containers. Through inventory control strategies, the inventory of empty containers at the port...

This article focuses on the evaluation of intelligent ports and studies an improved matter-element structure model based on cloud models for intelligent port evaluation. Using the indicators proposed in the “Intelligent Port Evaluation Indicator System” (T/CIN 011–2023) as the evaluation indicators,...

Recently, the sustainability and social responsibility of business operation have become more and more important in the criteria to evaluate the value of a company, which cause the environmental, social, and governance (ESG) scores to be valued. This study examined the impact of the ESG score and profitability...

Portfolio theory is a fundamental concept in investment management that aims to optimize risk and return by diversifying investments across different assets. This study explores portfolio theory, including its key concepts and methodologies, such as mean-variance optimization and alternative strategies...

This paper delves into the intriguing realm of cryptocurrency price prediction, with a specific focus on Zcash (ZEC), employing a cutting-edge deep learning approach. The study introduces two crucial features, “close_off_high” and “volatility”, then systematically analyzes the correlations between these...

Natural resource asset retirement auditing plays a pivotal role in the pursuit of sustainable development. This audit evaluates the sustainability of resource management, enhances resource utilization efficiency, ensures compliance with legal and regulatory requirements, promotes institutional development,...

This paper selects 30 companies in the energy industry, which is a fundamental, monopolistic, susceptible, and high-risk industry, and calculates the companies’ financial data such as D/V, beta coefficient and WACC. After analyzing the factors contributing to the differences in their financial data,...

With the development of civilization, people are increasingly aware of the importance of physical activity for individuals. Under the background of governments advocating sports for all, Nike, as the world’s most successful business giant, also has a sophisticated business system, has been rapidly occupying...

In today’s digital age, influencer marketing has emerged as a powerful tool for brands to connect with consumers. This article explores the significant impact of influencer marketing on consumer purchase decisions. We delve into the mechanisms through which influencers influence consumer choices, the...

In the context of the evolving energy industry, this study provides a comparative analysis of two industry giants, ExxonMobil and Royal Dutch Shell. The study aims to examine their financial health, with a particular focus on three key metrics: leverage, weighted average cost of capital (WACC), and asset...

Oil is an important basis for the development of national economy. At present, the oil industry of all countries in the world is developing rapidly. At the same time, the operation and management of petroleum companies are also facing new opportunities and challenges. Modern societies consume large amounts...

The health industry has always been an important part of the global economy. In recent years, with the improvement of people's living standards, people pay more and more attention to health and quality of lives. After an in-depth study of the market, industry and consumer demand, the health industry...

With the rapid development of the real estate industry, people's interest in real estate investment is increasing, and its industry value is also rising. But the real estate industry is not what people usually think, it has many branches, including the medical and health field, apartment housing...

According to the content of the entire text, H&M and Lululemon Athletica are two companies that have attracted considerable attention and have outstanding investment value. This study aims to analyze the investment potential of H&M and Lululemon by comparing their financial indicators and business...

As more consumption-relevant behaviours occur online, an increasing number of brands seeking to enhance their brand equity are choosing social media as their new marketing tool. In recent years, a growing number of companies have implemented an online marketing strategy, while the emergence of social...

The relentless march of technology and automation has ushered in unprecedented levels of productivity and efficiency, reshaping industries and profoundly impacting the labor market. This article explores the multifaceted effects of new technology and automation on the workforce, including the transformation...

In the dynamic landscape of media management, effective business strategies play a pivotal role in navigating technological advancements, understanding evolving consumer behaviors, and addressing regulatory challenges. This article delves into the importance of embracing innovation, data-driven insights,...

Sustainable development is an imperative goal in today's world, as we grapple with the complex challenges of climate change, resource depletion, and socio-economic inequality. This paper explores the role of economic policies in promoting sustainable development. It emphasizes the need for a holistic...

Unlike general commercial advertising marketing, Content marketing is a special marketing tool that provides value instead of promoting products directly and has not been widely used in brand marketing. Nongfu Spring, a leader in the PRC’s bottled water and beverage industry, has been applying brand...

The burgeoning automotive industry in China is witnessing a surge in local automobile companies, intensifying competition within the sector. This research conducted a meticulous and thorough examination of the financial statements of two prominent automobile companies in the Chinese market, Chang’an...

The study embarked upon a comprehensive financial analysis of ExxonMobil and Chevron, aiming to discern their fiscal health from 2023 onwards. The ExxonMobil and Chevron are the two leading companies of energy industry. Central to this essay is answering: ‘How are these energy giants faring in today's...

Crude oil, as a primary global energy resource, plays a pivotal role in influencing global financial landscapes, especially in major economies like China and the US. Despite extensive studies, a comprehensive analysis intertwining the three areas—crude oil prices, the Chinese stock market, and the US...

As financial markets become ever more complicated and unpredictable, traditional stock index prediction models no longer meet the high frequency and big data market environment. To enhance forecast accuracy this study proposes a hybrid model comprised of autoregressive integral sliding average model...

With the development of Northeast traditional industrial base, Liaoning is currently facing a practical contradiction between economic growth and the demand for low-carbon emission reduction. Accelerating the process of a low-carbon economy is effective to break the bottleneck of current economic development....

The new Environmental Protection Law effectively improves China's environmental governance level but also increases enterprises’ sewage costs and operating expenses, which may increase the incentives for leveraged manipulation behavior. This paper explores the impact of the introduction of the new...

This study explores the impact of different perceptual dimensions (Perceived Immersion, Perceived Personalisation, and Perceived Enjoyment) on consumer behaviour in virtual fitting experiences. Utilizing the Antecedent-Behaviour-Consequence (ABC) theoretical framework, the research combines offline try-on...

This paper is invented to investigate the effectiveness of Starbucks’ loyalty program across different cultures United Kingdom and China are the main research targets. Based on the literature reviews about the marketing strategy of Starbucks and its positioning in China and the United Kingdom, two hypotheses...

The rapid development of the digital economy and financial technology has brought the thriving of digital currency. The currency in the market will likely be greatly converted from real to digital in the future. Under the circumstances of digital economy development, the e-CNY shows its value functions,...

This paper is focused on two different models, which are the Auto-Regressive Conditional Heteroskedasticity Model (ARCH) and the Generalized Autoregressive Conditional Heteroskedasticity model (GARCH). Furthermore, first, this work will explain what the ARCH Model is and what the GARCH Model is. Secondly,...

In today’s globalized market, supply chain digitization has become an increasingly important competitive advantage, and enterprises are gradually applying digitization in the supply chain process. However, at present, most of the enterprises’ supply chains are facing the problem of slow digitalization...

As one of the most important trading ports in the world, Hong Kong is not only a benchmark for international trade liberalization but also an important participant in promoting the innovative development of international economic and trade rules and governance. As one of Hong Kong’s four pillar industries,...

A world financial center refers to a place that gathers a large number of financial and related derivative service industries. It needs to have the most active securities trading market, the most complete financial market, the most convenient international settlement system, and most importantly, to...

Regional economic disparity is a widespread problem, and the study of regional economic disparity is of great significance to improve this phenomenon. Shanxi province is a large resource province, The economy was also prosperous for a while, but due to the impact of various factors leading to the province’s...

The popularity of online music streaming services has risen exponentially since the rise of the digital age. Since the shift from MP3s to online music playing services have begun, there have been more than 60 streaming services accounting for more than 1 trillion streamed songs per year just in the U.S....

With the acceleration of digital industrialization and industrial digitization, new technologies is driving the transformation of service industry models, which improves the efficiency of service efficiency and ultimately improves the efficiency of other industries especially manufacturing industry....

Infrastructure construction is the core of the Belt and Road Initiative, especially at this stage, countries around the world are committed to improving the green level of infrastructure, so as to cope with the continuous deterioration of global climate, and the construction of China’s overseas infrastructure...