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CAN GREEN FINANCING IMPROVE GREEN ECONOMY DEVELOPING EFFICIENCY?

Zhang Changzheng, Sun Xiaoyi
Resources & Industries    2023, 25 (5): 72-85.   DOI: 10.13776/j.cnki.resourcesindustries.20231102.001
Abstract20)      PDF(pc) (1562KB)(18)       Save
This paper uses 2010 to 2019 panel data of China ‘s 30 provinces to analyze the impacts of green financing on green economy developing efficiency with the results showing a strong driving force, varying geographically, the higher the green economy developing efficiency, the stronger the driving force. The both have a dual threshold effect of financing levels, dual threshold and green financing play the biggest role in boosting China ‘s green economy developing efficiency. Moderation model shows that green financing boosts green economy developing efficiency through upgrading industrial structures. Regional heterogeneity reveals industrial structural upgrading has a strongest Moderation in western China, followed by the eastern, weakest in the central. To improve the positive influence of green financing on green economy developing efficiency, this paper presents suggestions on improving green financing system, controlling highly-pollution industries, escalating industrial structural upgrading, minimizing provincial gap in green economy between the western and eastern and reaching a green sustainable development in the whole society.
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COMMERCIALLY FINANCIAL POVERTY EVALUATION OF "THE BELT AND ROAD" IN JIANGSU PROVINCE
ZHANG Changzheng, LIU Mian, REN Hong
Resources & Industries    2021, 23 (5): 31-40.   DOI: 10.13776/j.cnki.resourcesindustries.20211014.001
Abstract70)      PDF(pc) (1049KB)(52)       Save
Financing constraints limit commercial investments and remains as one of bottlenecks for China's listed companies, which has to be resolved. This paper uses financing constraint theory, financial restraining theory and poverty theory to conceptually define the commercially financial poverty as an approach to commercial financing, and analyzes the exposure factors and anti-poverty factors of the Belt and Road” from macroscopic, medium tomicroscopic levels, and determine their comprehensive weights by means of hierarchy analysis based on cases of 21 Shanghai-listed Jiangsu-registered companies of “the Belt and Road”. During 2013 to 2018, all of them are of financial poverty with average index between 1.1 to 1.9 in an upward trend, mainly contributed by a lagging financing market and financial institutes. Among the 114 indexes, 11 of serious alarming are private companies, indicating state-owned companies have an optimistic financial poverty level than private. The higher globalization, larger size, stronger profitability, more stable political regime, the weaker financial poverty. This paper presents policy suggestions for governments in boosting financial orientation and in creating a good financially external environment, and for companies in intensifying anti-poverty capabilities to mitigate financing restraining level.
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NETWORK FEATURES AND MEASUREMENTS OF RISKS IN GREEN CONFLICTS OF MAJOR ENGINEERING PROJECTS BASED ON BI\|MODE NETWORK AND REFEREE VIEWING ANGLE
ZHANG Changzheng, WANG Weiqian
Resources & Industries    2021, 23 (3): 60-69.   DOI: 10.13776/j.cnki.resourcesindustries.20210511.001
Abstract83)         PDF(mobile) (2085KB)(3)    Save

Green conflicts are surging among major engineering projects as concept of green development prevails. This paper establishes a bi-mode network of stakeholder\|environmental risk factors from conflicting subjects and behaviors based on their influences, which is used to analyze the network features and key procedures of China's 53 major cases during 2000 to 2018 by means of referee. The results show a conflicting network density at 0.457 1, indicating a strong internal viscosity. Stakeholders like local government, environmental administration, local residents, and media not only display a strongest influence in green conflicting network, but also play a strongest communicating role inward and outward crowd with unblocked communicating channels and strong will in exchanging information. This paper presents suggestions on establishing environmental risk alarming system with resolving key environmental issues and unblocked communicating channels are two first approaches to green conflict. 

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A CASE STUDY ON LAOS SHAWN-THAILAND MODAHAN GAMING: WATER USE STRATEGIES AND FACTORS OF LANMEI STREAM NATIONS
ZHANG Changzheng, ZHAN Pingting
Resources & Industries    2021, 23 (2): 82-92.   DOI: 10.13776/j.cnki.resourcesindustries.20201125.007
Abstract130)         PDF(mobile) (6355KB)(9)    Save

During using water from trans-national Lanmei stream, Lanmei cooperation shall be based on governmentally global cooperation in balancing each nation's interests. This paper, aiming at possible water over use issues without united management system, presents Lanmei cooperation based on a case study on Laos Shawn-Thailand Modahan gaming behavior, and theoretically analyzes the water use factors of gaming players. A gaming model is established between two nations which is used to study the strategic selection and evolutional stability. Simulation via Matlab indicates its effects of governmentally strategic selection. Lanmei cooperation should enhance supervision and punishment, increase feedback rate of random inspection to urge governments to use water appropriately. The established differentiated punishment coefficient is of catalysis on gaming shrinking period. Governments will prefer to select rational water use in the global cooperation on Lanmei stream water resource if at a lower developing cost, raised benefits, loss upon irrational water use, and external overflow effect from the other gaming player. 

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A CASE STUDY ON SOCIAL RISKS MANAGEMENT OF ENGINEERING PROJECTS: IMPACTS OF GOVERNMENTAL GOVERNANCE ON TRANSMISSION OF SOCIAL RISK INFORMATION
HUANG Dechun, MIAO Yijin, ZHANG Changzheng
Resources & Industries    2020, 22 (4): 71-79.   DOI: 10.13776/j.cnki.resourcesindustries.20200420.001
Abstract89)      PDF(pc) (8315KB)(143)       Save
Information transmission goes through the entire process of social risks spreading, which is largely influenced by governmental governance. This paper, in terms of the relation between information transmission and social risks, elaborates the necessity of information management, and establishes a social risk information transmission model based on classic transmission models combined with the major position of government in information management, which is used to study the impact of governmental governance on social risk information transmission rules. Simulation study which is conducted on cases of social risk management of engineering project suggests that governmental governance on information management prolongs its reaching peak and stability of risk information transmission, helpful in mitigating social risk transmission. Administration and positive response can increase the proportion of the susceptible in information transmission system, and decrease the proportion of infected and the potential reaching peak, both mitigating social risk information transmission simultaneously. Positive response is more effective to impact the parameters of information transmission system. The paper presents suggestions on policies from the entire information flowing process of information collection, processing and distribution.
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NETWORK DISSEMINATION AND SOCIAL RISK MANAGEMENT OF ENVIRONMENTAL DAMAGE RUMORS OF MAJOR WATER PROJECTS
HUANG Dechun, ZHAO Ying, ZHANG Changzheng
Resources & Industries    2020, 22 (3): 81-90.   DOI: 10.13776/j.cnki.resourcesindustries.20200529.010
Abstract70)      PDF(pc) (8176KB)(138)       Save

As internet grows fast, network is becoming a vent of environmental interests conflict of major water projects, the public irrational awareness of their environmental impacts is readily to form network rumor so as to enlarge its social risk. This paper uses environmental damage rumor to explore its transmitting mechanism of major water projects in interaction of government-media-public, and quantitatively studies the impacts of rumor during network transmission on risk management via its hyperspatiotemporal, multiple subjectivity and universality, and discusses paths to governmental governance and prevention of social risks. Matlab simulation suggests that measures such as refuting rumor speed, intensity and information openness vary with rumor transmitting group, stages, information causes and importance. This paper presents suggestions accordingly. 

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