• 제목/요약/키워드: Shandong, China

검색결과 289건 처리시간 0.024초

Study on Enterprise Value and Asset Structure Optimization of the Iron and Steel Industry in China under Carbon Reduction Strategy

  • ZHU, Hong Hong;SUN, Yue Yao;LI, Jin Bao
    • The Journal of Asian Finance, Economics and Business
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    • 제9권3호
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    • pp.11-22
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    • 2022
  • The iron and steel sector is caught between two worlds: "carbon reduction" and "development." The goal of this study is to show that optimizing asset structure to boost intangible assets, particularly brand assets, is a viable strategy to achieve low-carbon development. This study uses panel data from 38 A-share companies in China's iron and steel industry from 2010 to 2020, as well as World Brand Lab data, to create a comprehensive impact index of enterprise value from the standpoint of an asset structure optimization, and to test the impact of intangible assets and brand equity on enterprise value. The findings show that: the asset structure of iron and steel enterprises is closely related to enterprise value, implying that iron and steel industry development necessitates a transformation of quantity control and quality improvement; the proportion of intangible assets in the asset structure of iron and steel enterprises plays a positive and critical role in enterprise value under surplus conditions. The iron and steel industry begins to shift from tangible to intangible assets; there is heterogeneity in the iron and steel industry transformation. Given certain technological levels, the share of brand assets contributes significantly to the increase in enterprise value.

In situ investigations into mining-induced overburden failures in close multiple-seam longwall mining: A case study

  • Ning, Jianguo;Wang, Jun;Tan, Yunliang;Zhang, Lisheng;Bu, Tengteng
    • Geomechanics and Engineering
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    • 제12권4호
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    • pp.657-673
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    • 2017
  • Preventing water seepage and inrush into mines where close multiple-seam longwall mining is practiced is a challenging issue in the coal-rich Ordos region, China. To better protect surface (or ground) water and safely extract coal from seams beneath an aquifer, it is necessary to determine the height of the mining-induced fractured zone in the overburden strata. In situ investigations were carried out in panels 20107 (seam No. $2-2^{upper}$) and 20307 (seam No. $2-2^{middle}$) in the Gaojialiang colliery, Shendong Coalfield, China. Longwall mining-induced strata movement and overburden failure were monitored in boreholes using digital panoramic imaging and a deep hole multi-position extensometer. Our results indicate that after mining of the 20107 working face, the overburden of the failure zone can be divided into seven rock groups. The first group lies above the immediate roof (12.9 m above the top of the coal seam), and falls into the gob after the mining. The strata of the second group to the fifth group form the fractured zone (12.9-102.04 m above the coal seam) and the continuous deformation zone extends from the fifth group to the ground surface. After mining Panel 20307, a gap forms between the fifth rock group and the continuous deformation zone, widening rapidly. Then, the lower portion of the continuous deformation zone cracks and collapses into the fractured zone, extending the height of the failure zone to 87.1 m. Based on field data, a statistical formula for predicting the maximum height of overburden failure induced by close multiple seam mining is presented.

The Impact of Trade Facilitation on China's Cross-border E-Commerce Exports: A Focus on the Trade Facilitation Index in RCEP Member Countries

  • Li Cai;Jie Cheng;Wen-Xia Wang
    • Journal of Korea Trade
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    • 제26권7호
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    • pp.109-126
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    • 2022
  • Purpose - Based on the relevant panel data for China and 13 of the RCEP countries from 2008-2019, this paper conducts an in-depth study on the impact of trade facilitation levels on China's cross-border e-commerce exports using the expanded trade gravity model. Design/methodology - This study constructs a trade facilitation index (TFI) system, and uses the principal component analysis method to measure the trade facilitation levels of RCEP countries in 2008-2019. This result is then introduced into the extended gravity model to explore the effect of trade facilitation in RCEP countries on China's cross-border e-commerce export. Findings - It is found that the overall trade facilitation level has a significant effect on China's cross-border e-commerce exports. Among the primary indicators, with the exception of infrastructure, the other four indicators demonstrate a significant impact. The findings show that China should strengthen its cooperation with RCEP countries in trade facilitation and cross-border e-commerce to better achieve complementary regional economic development. Originality/value - This paper has three contributions: first, this paper builds a TFI system that includes five primary indicators based on the characteristics of cross-border e-commerce. Second, we explore the impact of trade facilitation levels of RCEP countries on China's cross-border e-commerce exports, which helps to fill the gap in existing studies of the impact of cross-border e-commerce exports. Third, this paper further analyzes the impact of five primary indicators on cross-border e-commerce exports; this thus provides more targeted measures to improve trade facilitation levels.

The establishment of IB-SEM numerical method and verification of fluid-solid interaction

  • Wang, Jing;Li, Shu-cai;Mao, Xuerui;Li, Li-ping;Shi, Shao-shuai;Zhou, Zong-qing
    • Geomechanics and Engineering
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    • 제15권6호
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    • pp.1161-1171
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    • 2018
  • The interaction between particles and fluid was investigated by IB-SEM numerical method which is a combination of combing the spectral/hp element method and the rigid immersed boundary method. The accuracy of this numerical method was verified based on the computed results with the traditional body-fitted mesh in numerical simulation of the flow through the cylinder. Then the governing equations of particles motion and contact in fluid are constructed. The movement of the particles and the interaction between the fluid and the particles are investigated. This method avoided the problem of low computational efficiency and error caused by the re-division of the grid when the solids moved. Finally, the movement simulation of multi particles in the fluid was carried out, which can provide a completely new numerical simulation method.

Dynamic Thermal Rating of Transmission Line Based on Environmental Parameter Estimation

  • Sun, Zidan;Yan, Zhijie;Liang, Likai;Wei, Ran;Wang, Wei
    • Journal of Information Processing Systems
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    • 제15권2호
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    • pp.386-398
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    • 2019
  • The transmission capacity of transmission lines is affected by environmental parameters such as ambient temperature, wind speed, wind direction and so on. The environmental parameters can be measured by the installed measuring devices. However, it is impossible to install the environmental measuring devices throughout the line, especially considering economic cost of power grid. Taking into account the limited number of measuring devices and the distribution characteristics of environment parameters and transmission lines, this paper first studies the environmental parameter estimating method of inverse distance weighted interpolation and ordinary Kriging interpolation. Dynamic thermal rating of transmission lines based on IEEE standard and CIGRE standard thermal equivalent equation is researched and the key parameters that affect the load capacity of overhead lines is identified. Finally, the distributed thermal rating of transmission line is realized by using the data obtained from China meteorological data network. The cost of the environmental measurement device is reduced, and the accuracy of dynamic rating is improved.

Deformation process and prediction of filling gangue: A case study in China

  • Wang, Changxiang;Lu, Yao;Li, Yangyang;Zhang, Buchu;Liang, Yanbo
    • Geomechanics and Engineering
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    • 제18권4호
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    • pp.417-426
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    • 2019
  • Gangue filling in the goaf is an effective measure to control the surface subsidence. However, due to the obvious deformation of gangue compression, the filling effect deserves to be further studied. To this end, the deformation of coal gangue filling in the goaf is analyzed by theoretical analysis, large-scale crushed rock compression test, and field investigation. Through the compression test of crushed rock, the deformation behaviour characteristics and energy dissipation characteristics is obtained and analysed. The influencing factors of gangue filling and predicted amount of main deformation are summarized. Besides, the predicted equation and filling subsidence coefficients of gangue are obtained. The gangue filling effect was monitored by the movement observation of surface rock. Gangue filling can support the roof of the goaf, effectively control the surface subsidence with little influence on the ground villages. The premeter and equations of the main deformation in the gangue filling are verified, and the subsidence coefficient is further reduced by adding cemented material or fine sand. This paper provides a practical and theoretical reference for further development of gangue filling.

Research on the Impact of Shandong Province's FDI on Economic Growth under the Background of One Belt One Road

  • ZHONG, Xinqi;ZHANG, Fan
    • 산경연구논집
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    • 제12권9호
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    • pp.31-42
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    • 2021
  • Purpose: After the reform and opening up, China's overall economic development has entered a new era. From mutual investment and trade transactions between domestic provinces and regions to investment and trade with foreign companies, the continuous supplement of investment funds makes the follow-up development of all aspects of economic development smoother and has played a strong impetus. effect. Foreign direct investment has many influences on the economic development of a country or region. Research design, data and methodology: This article uses the sample data of Shandong Province from 2011 to 2019 to analyze the foreign direct investment in Shandong Province by industry, region, method and other aspects, and study the relationship and influence between foreign direct investment and economic growth. Results: The results show that there is a relatively close relationship between foreign direct investment and economic growth, and it has played a role in promoting economic development in many aspects such as industrial structure, foreign trade, and employment. Conclusions: At the same time, corresponding suggestions are put forward based on the analysis and conclusions drawn.

Media Optimization for Laccase Production by Trichoderma harzianum ZF-2 Using Response Surface Methodology

  • Gao, Huiju;Chu, Xiang;Wang, Yanwen;Zhou, Fei;Zhao, Kai;Mu, Zhimei;Liu, Qingxin
    • Journal of Microbiology and Biotechnology
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    • 제23권12호
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    • pp.1757-1764
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    • 2013
  • Trichoderma harzianum ZF-2 producing laccase was isolated from decaying samples from Shandong, China, and showed dye decolorization activities. The objective of this study was to optimize its culture conditions using a statistical analysis of its laccase production. The interactions between different fermentation parameters for laccase production were characterized using a Plackett-Burman design and the response surface methodology. The different media components were initially optimized using the conventional one-factor-at-a-time method and an orthogonal test design, and a Plackett-Burman experiment was then performed to evaluate the effects on laccase production. Wheat straw powder, soybean meal, and $CuSO_4$ were all found to have a significant influence on laccase production, and the optimal concentrations of these three factors were then sequentially investigated using the response surface methodology with a central composite design. The resulting optimal medium components for laccase production were determined as follows: wheat straw powder 7.63 g/l, soybean meal 23.07 g/l, $(NH_4)_2SO_4$ 1 g/l, $CuSO_4$ 0.51 g/l, Tween-20 1 g/l, $MgSO_4$ 1 g/l, and $KH_2PO_4$ 0.6 g/l. Using this optimized fermentation method, the yield of laccase was increased 59.68 times to 67.258 U/ml compared with the laccase production with an unoptimized medium. This is the first report on the statistical optimization of laccase production by Trichoderma harzianum ZF-2.

Hydrodynamic performance of a composite breakwater with an upper horizontal porous plate and a lower rubble mound

  • Liu, Yong;Li, Hua-Jun
    • Ocean Systems Engineering
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    • 제3권1호
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    • pp.55-70
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    • 2013
  • A composite breakwater with an upper horizontal porous plate and a lower rubble mound is proposed and studied in this work. By means of matched eigenfunction expansions, a semi-analytical solution is developed for analyzing the hydrodynamic performance of the breakwater. The semi-analytical solution is verified by known solutions for special cases and an independently developed multi-domain boundary element method solution. Numerical examples are given to examine the reflection, transmission and energy loss coefficients of the breakwater and the wave force acting on the horizontal porous plate. Some useful results are presented for engineering applications.