China has a very suitable environment for the development of the express industry. The growth rate of online stores in the world has exceeded the GDP growth of China and other countries. In the past five years, the express service market of China had expanded rapidly, reaching an annual growth...

This paper studies how labor flexibility and mobility induced by the gig economy, affects corporate investment, by exploiting the staggered entry of the leading online delivery platforms into different cities in China and across the globe. The results show that, following the entry of delivery...

Whether and how firm financialization could crowd out real investment and the resulting “from real to virtual” phenomenon has great economic and policy implications, especially in emerging economies. This study examines the influence of firm-level financialization on corporate investment...

Background The mismatch of medical resources is a significant issue in global healthcare, undermining both service accessibility and system efficiency. In China, despite the implementation of the "Healthy China" strategy, persistent mismatches remain due to factors such as industrialization,...

This book analyzes of the surplus of production capacity in China. According to a government statement, there is a serious surplus of productive capacity in the steel, cement, glass, aluminum, and shipbuilding industries. There was no surplus of productive capacity in above industries between...

As a resonance product between financial services and the upgrading of the green industry, green supply chain finance has garnered extensive attention in the process of ecological civilization construction. Effectively promoting the green transformation of small and medium-sized enterprises and...