Current Issue : July - September Volume : 2020 Issue Number : 3 Articles : 5 Articles
Under the macro-environment of â??The Belt and Road Initiativeâ?, Heilongjiang\nprovince receives more foreign investment since 2013. This paper endeavors\nto collect website information of foreign-invested companies in Heilongjiang\nprovince and Heilongjiang local companies and build two corresponding\ncorpuses. After analyzing data by using WMATRIX 4 tool, the author\nselects semantic clouds under the framework of Singhâ??s website content.\nThen after comparing data of Heilongjiang local companies and foreign\ninvested companies in Heilongjiang province, the author tries to explain the\ndata from Hofstedeâ??s cultural dimensions, namely, individualism vs. collectivism,\npower distance, uncertainty avoidance and femininity vs. masculinity.\nThen suggestions on the website building to adapt to the local culture have\nbeen made. The study makes a useful attempt to explore the effectiveness of\nbusiness communication across disciplines by using linguistic research perspectives\nand research methods....
Customer stickiness plays an important role in freight forwarding companies.\nFrom the perspective of customer experience, this paper collects market feedback\ninformation through a questionnaire survey, and uses factor analysis to\nanalyze the relevant influencing factors of customer stickiness. The results show\nthat the reform of freight forwarding companies must start from the main factors\naffecting customer stickiness, in order to meet the market demand to a certain\nextent, maintain a stable customer base, and increase customer stickiness.\nTherefore, bringing the main factors that affect the stickiness of customers into\nthe development process of an enterprise is bound to gain more market competitiveness\nin its response to the increasingly changing international market....
Based on the driven mode and the form of labor division, the two paths that\naffect the evolution of the host countryâ??s manufacturing industry GVC, this\npaper constructs a mechanism on their impacts on Chinaâ??s OFDI location\nstrategy, and then verifies the theoretical hypotheses by taking Chinaâ??s OFDI\nstock across 26 EU member states and 13 manufacturing sub-industries during\n2003 to 2014 as the sample. The empirical results obtained by comprehensive\nGeneralized Least Squares (GLS) estimation show that, from the perspective\nof the GVC driven model, the high-tech level, rich human capital under\nthe producer-driven model, and huge market potential based on buyer-\ndriven mode are important factors affecting Chinaâ??s OFDI location choice\nacross EU member states. From the perspective of GVC labor division, the\nhigher vertical specialization and host countryâ??s GVC status of manufacturing\nsub-industry attract the inflow of Chinese investments....
Blockchain, as an emerging technology, is essentially a shared database in which\ndata or information is stored with features of â??unforgeableâ?, â??whole-process\ntraceableâ?, â??transparentâ? and â??collective maintenanceâ?. Based on these characteristics,\nblockchain technology has a broad prospect of application in\nthe insurance industry because it has laid a solid foundation of â??trustâ?, and\ncreated a reliable cooperation mechanism. At present, blockchain technology\nhas been widely used in the fields of transportation, logistics, trade and charity.\nIt has also attracted the attention of banking, insurance and other financial\nindustries. The application of blockchain in other industries has been discussed\nin many other publications already, but it has not been systematically\ndiscussed in the insurance industry. This paper will make people have a deeper\nunderstanding of â??blockchain + insuranceâ? by introducing the basic concepts\nand technological advantages of blockchain technology, reviewing the\nresearches and applications of blockchain by the insurance companies, and\npointing out several key problems of applying blockchain technology to the\ninsurance industry. Finally, the article will make predictions about the trend\nof development of applying blockchain technology in the insurance industry....
This study investigates empirically the relationship between Trade openness\n(OPEN) and Foreign Direct Investment (FDI) on the economic growth for a\npanel of four (4) West African countries (Côte dâ??Ivoire, Ghana, Nigeria, and\nSenegal) during the period of 1998 to 2017. The static panel regression techniques\nwere employed to assess the causal link of our regressors, namely, FDI,\ntrade openness, investment and Inflation to economic growth measured by\nGross Domestic Product (GDP). Levin-Lin-Chu unit-root test was conducted\nto find the stationarity of the panel data. The evidence from the statistical\nanalysis suggests that aggregated trade openness, investment, and inflation do\nhave a positive and significant impact on economic growth and is thus consistent\nwith the literature, especially for developing countries. Based on static\nrandom effects, the addition of the foreign direct investment (FDI) did not\ndeviate from the results, notwithstanding its negative impact on economic\ngrowth. The contribution of trade openness, investment and inflation are observed\nto be relatively higher than foreign direct investment....
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