Amidst the complex dynamics of global industrial chain reconstruction and the rise of anti-globalization, this study explores the impact of the Belt and Road Initiative (BRI) in altering the risk exposure of China's manufacturing industry chain. The interaction mechanism of risk and trade...

The integration of the digital economy and the real economy plays a pivotal role in building a high-level, self-reliant, and robust national economic circulation system. Drawing on theories of intra-product specialization and industrial linkage, this study innovatively explores the impact of...

The role of digital transformation in financial development is investigated in this study, with the purpose of determining whether it is favourable as stipulated in the expectations of financial intermediation theory. In addition, the study seeks to determine variations in the role across...

Wind energy, a renewable resource characterized by its inexhaustibility and absence of pollutants, has garnered significant attention in recent years. The optimization of wind power generation for both economic and environmental benefits has emerged as a solution to contemporary energy...

This paper argues that economic discrimination (ED) can promote shared and inclusive growth when instituted by the trinity of economic development, market, corporation, and government. In contrast, Economic Egalitarianism (EE) will work against it. ED means treating economic differences...

The external business environment is increasingly characterized by volatility, uncertainty, complexity, and ambiguity (VUCA), heightening the critical role of financial flexibility in ensuring corporate survival and growth. Using a sample of Chinese A-share listed companies from 2011 to 2022,...

The effect of the green economy on green bond market development with the moderating role of institutional quality receives no attention in empirical studies. The cognizance of this effect is necessary for the investors and government as it helps them gain advantages from investing in green...

From the perspective of policy embeddedness, this paper explores the effect of local green financial support policies (LGFP) on the green transformation (GT) of enterprises in China. We constructed a novel database covering 278 prefectures to analyze the impact of LGFP on firms' GT, proposing...

In light of recent global economic uncertainties and technological advancements, it has become crucial to build new competitive advantages for Chinese manufacturing enterprises in the international arena, with the impact of their digital transformation efforts being particularly significant....

How to handle the relationship between economic development and environmental protection, achieving a positive interaction between the two, is a practical issue faced by Chinese government today. This paper incorporates dual objectives into the same analytical framework through theoretical...