Advances in Economics, Management and Political Sciences

- The Open Access Proceedings Series for Conferences

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Volume Info.

  • Title

    Proceedings of the 7th International Conference on Economic Management and Green Development

    Conference Date






    978-1-83558-075-2 (Print)

    978-1-83558-076-9 (Online)

    Published Date



    Canh Thien Dang, King's College London


  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231201

    Designing Self-Enforcing Programs Embedded in the Local Economy: The Key for Successful International Cooperation of Vocational Education

    International education cooperation is conducive to promoting the cross-border circulation of advanced educational experiences and enhancing global human capital. China has become the main destination for students from developing countries, and how to better carry out international cooperation programs in Chinese education has become an important issue. This paper focuses on international cooperation in the field of vocational education and takes a vocational college in China as a case to explore the performance of different international cooperation modes between China and developing countries. The study did a within-case design, and three projects representing three modes of cooperation were selected for comparison. The article believes that the key to success lies in the design of cooperation, and those projects which closely integrate local industries, colleges and students will thrive and prosper. The article answers the question of how international cooperation in vocational education should be carried out.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231202

    Rural Revitalization and Internet Celebrity Economics

    Rural revitalization is the goal to improve the development of rural area, especially in the aspect of economics, and currently a strategy is to use livestreaming as a method to increase the sales of rural products. Past studies provide constructive view of the advantages of this strategy, and point out problems for government or internet celebrities to consider in order to improve this strategy. While this study will concentrate on the weakness regarding people in rural area themselves, identify and provide potential solutions for those problems, including the aspects of education, technology and the whole social structure. In more specific, the lack of education and essential professional skills and knowledge related to business or economics, inability to transport products fastly and conveniently, the disadvantage on technology usage, and the limitations of external environment in rural area, all bring comparative disadvantage to people when they are implement this strategy. Nevertheless, the strength of government and change that can occurred in rural area can both counteract those weaknesses and make this strategy more applicable and effective. This distinct point of view enables rural revitalization uses the method of livestreaming and help of internet celebrities more efficiently, in which directly promote the development of rural.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231203

    Study on Influencing Factors of Egg Price Fluctuation

    In recent years, due to the joint impact of food safety incidents, egg disease and price fluctuations of related substitutes, the market price of eggs, especially eggs, has fluctuated for many times, which not only affects residents' food consumption and income of egg farmers, but also affects the healthy development of egg industry. This paper selected the monthly panel data from 2014 to 2020 to study the influencing factors of egg price fluctuation. The results showed that chicken price and feed price had significant effect on the fluctuation of egg price, and the price of compound feed had the greatest effect on it. In addition, the increase of pork price would not necessarily lead to the rise of egg price. Meanwhile, the consumer price index had no significant impact on the price of eggs, and the increase of residents’ income level would significantly promote the price of egg. Therefore, it is of great practical significance to study the external and internal laws of egg price fluctuation and explore the mechanism of stabilizing egg price for the healthy development of poultry and egg industry and national economy.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231206

    Analysis on the Marketing Strategy of Blind Box

    In recent years, as blind boxes are becoming more and more popular among consumers, the blind box economy is booming. From hot toys to cultural and creative products, from digital appliances to food and clothing, buying and sharing blind boxes has become a new consumer trend. A toy box that is labeled "blind" means that the consumer cannot know in advance what sort of goods will be inside. This trend of toys targets the young consumer market, stimulating consumers to buy and rebuy. Blind boxes' unknowability can pique customers' curiosity, increase their readiness to buy, better activate the market for consumer goods, and boost their potential for consumption. As a marketing carrier, blind box can innovate and develop new cultural business forms, and also extend the cultural industry chain. Traditional culture is full of vitality under the guidance of new consumption patterns. Looking at the development of blind box economy in recent years, with the rise of blind box economy, many problems have been exposed, breeding industry chaos. This paper analyzes the reasons why blind box is so popular, its marketing success and its reasons, as well as some existing problems and future prospects, so as to offer some references for future researches on blind box industry.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231207

    Statistical Examination of Status Quo and Potential Problems of College Students Participating Gig Economy in China

    The flexibility of the gig economy allows it to attract considerable attention during the COVID-19 pandemic. This form of economic activity, however, has long existed in China. This article studies the status quo and the potential problems with contemporary college students participating in the Chinese gig economy. By collecting samples from different Chinese regions and dissimilar types of college students, the study discusses their large-scale gig economy participation rate regardless of regions and higher education levels. The study also analysed the fulfilment of expectations among college students and discovered that the current state of satisfaction is not favourable and necessitates improvement for the future sustainment and prosperity of the gig economy. The article offers several suggestions for improvement, including adopting more reassurance in the areas with a lesser participation rate and improving the accuracy of matching between students and job positions to satisfy their expectations. However, these solution proposals need further investigation to explore their optimal use.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231208

    The Impact of Artificial Intelligence, Machine Learning, and Big Data on Finance Analysis

    Some scholars believe our society has progressed into The Fourth Industrial Revolution as the digital revolution that is based on the confusion of the physical and digital world. The innovation of networks, Big Data, and Artificial Intelligence technology promote the digital revolution. Fin-Tech, the interdisciplinary in Finance and Technology, is being stimulated at the same time. Using the technology, many problems in the traditional financial industry can be improved, for example, the risk management with information mismatch, low upgrade speed, and high labor cost as well as the individualization services. By providing personalized, higher-quality products, and leveraging data to inform investment strategies, Fin-Tech can benefit consumers with limited credit history through credit analysis. This paper analyzes the application and impact of Artificial Intelligence, Machine learning, and Big Data in Finance. To be more specific, how to help the financial industry reduce costs and enhance productivity with improved services.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231209

    The Relationship Between Chinese Consumer Behavior and Corporate Social Responsibility of Luxury Brands, after the COVID-19

    Consumer spending on luxury goods decreased during the outbreak. Luxury brands are also increasingly focusing on corporate social responsibility. The topic of this paper is to examine the relationship between the CSR of luxury brands and Chinese consumer buying behavior after COVID-19. In this study, 313 Chinese participants who are familiar with luxury goods, were randomly selected to finish a questionnaire. The data will be presented in graphical form, and this survey uses analysis of correlation as well as regression analysis to explore the relationship between different social responsibilities and consumer behaviors. Nearly all participants think that luxury companies should take social responsibility, but most of them don't choose to actively know about it actively, but only realize that luxury companies should take social responsibility passively when events happen. However, for companies, the consequences of not fulfilling social responsibility may seriously affect the sales of luxury companies. The three most important responsibilities include product quality and safety responsibility, environmental protection responsibility, and basic salary and welfare of employees. In addition, environmental responsibility, customer orientation responsibility, social responsibility, and employee and job placement responsibility all contribute to consumer purchasing behavior.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231210

    Analysis on the Stock Valuation of Apple Inc

    Since the beginning of the global pandemic, the rumor of technology bubble has been spread all over the world. To fully understand about the technology company with figuring out whether should people invest in the company, we used Apple Inc. as an example to do the case study. The analysis of Apple Inc. start with two categories: Quantitative analysis and Qualitative analysis. To figure out the company advantage, this paper uses the SWOT analysis to see whether this company is worth to invested. In addition, this paper uses activity ratio and profitability ratio to conduct a financial situation analysis. Throughout the analysis, it figures out that the Apple Inc. is still a company that worth investing. The company not only have its solid strength, but also have adjustable weakness. This paper may help people understand the Apple Inc. and help them make correct investing decisions.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231212

    The Influence of Railways on Urban Development Based on a Resource-Based View

    As the product of the first Industrial Revolution, the railway has been in existence for a long time and has made an indelible contribution to the urban development of mankind. However, the railway’s status is declining in some countries, greatly affected by the development of aviation and road technology. In the academia, there is also a lack of analysis of the urban railway. In order to explore the railway’s status in urban sites and extend the literature of the resource-based view (RBV), this paper will discuss the railway’s impact especially on the urban sites based on RBV. We choose the city Ganzhou, Jiangxi Province, China, as a case study. Then we compare the data before and after the building of the railway. The comparison is based on the triple bottom line (TBL) principle, which means using three different aspects to show the changes. In the end, we reveal the importance of railway resources and the concrete impact of building a railway on various sites. We also propose some suggestions for building a new railway.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231213

    The Impact of Autonomous Vehicles on Cities

    Autonomous vehicles are a double-edged sword, bringing happiness and convenience to people’s lives but also silently creating various crises and bad effects. The purpose of this article is to explore and analyze the implications of autonomous vehicles, with a focus on their impact on cities, as they are and will be massively linked to smart city systems and operate on urban roads. In this paper, the author has analyzed the findings and data from many past literature and research sources and summarized them based on his own research and ideas. The findings of this article show that the positive impacts of self-driving cars are mainly in the areas of ease of travel and self-driving car fleets. The negative impacts are mainly reflected in three different aspects: safety hazards, environmental pollution and energy consumption. Of course, self-driving cars have different impacts in various fields, and these impacts need to be explored by more researchers.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231214

    Applications of the Digital Mapping System (DMS) and the Influence on Climate Change

    Recent years have seen a rapid change in climate, which has led to an increase in the number of severe weather-related disasters. The management, on the other hand, has not provided a solution that is adequate to the question of how to avert similar calamities. Because planners, designers, and those in charge of making decisions lack essential meteorological expertise and data, there is currently insufficient consideration given to the influence that DMS will have on the climate. As a direct result of increasing urbanisation, the rate at which climate change is occurring is accelerating, which means that the significance of this problem is growing. The city virtual map system has the potential to serve as a convergence point for virtual and climate systems, which will make it easier to find solutions to problems. The significance of DMS is analysed, and data-driven recommendations are offered based on the obtained meteorological data and after taking into consideration the effects of climate, population, and greening. This article starts with a brief overview of how the city's climate has changed recently. Next, the purpose of the urban climate map is explained, followed by a list of relevant pros and cons based on the relevant characteristics and a discussion of how DMS could be used in real-world situations.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231217

    A Comparative Study of the Political and Economic Impacts of Typical World Events —Centered on the Great Depression of 1929 and the COVID-19

    The Great Depression of 1929 and the outbreak of the Covid 19 pandemic in 2019, as typical world events that changed international society's development, both significantly impacted the global political and economic landscape. The analysis of the impact of the two events on world politics and the economy reveals certain similarities and differences. The main similarities are that the events lasted for a long time and were very harmful; they caused domestic political turmoil and a lack of international cooperation. The differences are mainly in the context of the events and their political and economic impacts. The article focuses on comparing the results and effects of these two events from the political and economic dimensions, analyzing the reasons for their similarities and differences, and exploring and explaining the critical role of China in them.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231218

    Review on the Identification and Assessment of Project Risks in International Engineering Contracting Projects

    With the steady promotion of the "the Belt and Road" initiative and the introduction of a number of reform measures, the pace of "going global" of Chinese enterprises has been accelerating. More Chinese construction enterprises are actively engaged in overseas engineering construction and have made remarkable achievements. At the same time, the way of project contracting is also constantly upgrading, and the time span, uncertainty and complexity of international project contracting business are increasing, so it is necessary to carry out risk management. In addition, the introduction of relevant policies and regulations at home and abroad has further promoted the construction of overseas risk management of international project contracting enterprises. Therefore, it is necessary to use scientific methods and tools to identify and assess the risks of the project according to the internal and external conditions of the international engineering contracting project, and determine the measures to deal with the risks of the international engineering contracting project according to the results of the risk analysis, its own resource conditions, the environment and other factors. Finally, the corresponding risk response measures and suggestions are put forward based on the actual development strategy of the enterprise and the market environment of international project contracting business.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231219

    Research on the Financing System of Sci-tech Enterprises Based on Life Cycle Theory ——Take Huawei as an Example

    Science and technology enterprises are an important carrier for our country to implement innovation strategies. The development of science and technology enterprises not only drives the economic growth of our country, but also improves innovation capabilities and provide more employment opportunities, promote the harmony and stability of the entire society, and improves quality and efficiency. Financing is a key factor affecting the success or failure of an enterprise, and it is of great significance to apply different financing strategies at different stages of a technology-based enterprise. On this basis, I will take Huawei as a case study, in order to provide a reference for other technology-based companies to choose financing methods.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231220

    Analysis and Synthesis of the Environmental Progress of Apple Inc. from 2008 to 2022

    Apple Inc. has been committed to environmental sustainability since its beginnings and has made considerable strides toward those objectives throughout the years. The company has been aiming to reduce the total amount of greenhouse gases (GHG) released throughout the production, transportation, and disposal of all of their products since 2006. Up to 95% of all emissions come from the electronic industry, including its production, distribution, use, and disposal. Greenhouse gas emissions from Apple's operations are just 5% of the company's total, in contrast to the 100% from its products. Apple Inc. claims it would be vigilant in tracking how its operations affect the planet. In order to ensure that all of its locations are up to par with regulations and industry norms, it has created an EHS management system. This paper details the environmental effect of Apple's facilities, including Apple Retail Stores, describes the measures being taken to lessen the company's impact on the environment, and sums up Apple's most noteworthy environmental accomplishments from 2008 to 2022. The GRI Sustainability Reporting Guidelines (G3) were considered over the course of this research.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231223

    Development Level and Growth Source of China’s Digital Inclusive Finance —— An Investigation Based on Contribution Decomposition Model

    The outbreak of COVID-19 epidemic not only highlights the solid foundation of China's digital economy, but also counterforces and accelerates its further development, which provides a potential opportunity for China's economic transformation and upgrading in the next stage. This paper uses the contribution decomposition model, examines the development level and growth sources of China’s digital inclusive finance from three dimensions: the coverage, the using depth and the digitalization degree. The research shows that from 2011 to 2020, the overall level and each dimension indexes of digital inclusive finance development show a leap-forward development, but the problem of insufficient and imbalance of regional financial development is still quite obvious. The results of contribution decomposition show that, taking 2016 as the boundary, the growth source of digital inclusive finance index in the former stage lies in the coverage, and the latter stage mainly depends on the coverage and using depth of digital finance, while the emphasis on the digitalization degree of digital finance is relatively insufficient. Under the background of the complex situation and severe challenges in the post-epidemic era, efforts should be made in the top-level design and elements support, aiming at the regional and dimensional shortcomings, so as to make positive contributions to the high-quality development of China's economy.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231227

    Water Pollution and Decoupling Status in the Yangtze River Economic Belt

    Monitoring and reducing Water pollution is critical for the sustainable and green development of socio-economy. This paper combined the concept of Grey Water Footprint and Decoupling theory to evaluate the water pollution status in Yangtze River and the related Economic Belt from 2003 to 2018. By understanding the pollution status, a clearer insight into whether Yangtze River achieved decoupling and where to further improve water quality could be found. According to the result, although some regions, such as Yunnan and Jiangxi, did not display a descending pattern during the period, Yangtze River Economic Belt as a whole showcased a steady decline in total GWF since 2010. In regarding to the economic development, every region within Yangtze River Economic Belt significantly increased their GDP throughout the period. Therefore, according to Tapio’s decoupling model, it was always decoupling status for Yangtze River Economy from 2003 to 2018, and it has been strong decoupling status for 7 years. This paper provides some information and references for the formulation of water resources management policies, and finally promotes the green development of the areas in the Yangtze River Economic Belt.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231266

    Research on Shackles of Agricultural Modernization in Northeast China -Taking the Promotion of the Western-style Agricultural Machinery in Northeast China as an Example

    In the late Qing Dynasty and the early Republic of China, with the gradual development of social economy, agriculture in Northeast China also gradually began to modernize. In this context, businessmen from western developed countries saw the opportunity to actively promote their advanced agricultural machinery through various marketing strategies. Although they achieved satisfactory results in the initial years, their sales gradually weakened over time. Due to the lagging sales of Western-style agricultural machinery, agricultural production in most areas continues adopted the old method until Japan occupied the northeastern China in 1931. This phenomenon was result of the combination of multiple factors, such as special farming conditions, weak farmers 'economy, low self-organization ability of farmers, low labor cost, and complicated operation of western agricultural machinery. These adverse factors are also the shackles of the modernization of agriculture in Northeast China.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231231

    The Impact of Loyalty Programs on Customers' Decision to Choose a Luxury Hotel

    At the highest level of the hospitality industry, the clientele of luxury hotels is different from that of other hotels, and these customers have higher expectations for the services provided by the hotels. In order to retain these customers, many hotels use and continuously improve the loyalty program to help maintain their customer relationships. Through qualitative analysis, this paper will examine the impact of the loyalty program on consumer behavior at luxury hotels through qualitative analysis.

  • Open Access | Article 2023-11-10 Doi: 10.54254/2754-1169/27/20231236

    High-tech Companies’ Work Overtime Culture and Employee Satisfaction in China

    Overtime in China is getting worse and more and more employees are re-quired to work overtime every day. Many sudden deaths and suicides have been reported as a result of the constant overtime work. However, research on overtime has not been extensively studied in China. This research has significant implications for the design of overtime mechanisms in companies. It also strongly identifies the negative effects of overtime on employ-ees. This paper will focus on the relationship between overtime and employ-ee satisfaction in Chinese companies. The research methodology is carried out using questionnaire analysis and interviews. The results show that there is an inverse relationship between the length of overtime work and satisfaction, while the older the age, the more overtime work increases. Half of the re-spondents were forced to work overtime due to unexpected hours.

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