Abstract: Based on the improved method, this paper calculates the China-U.S. comparable gross national savings rate, net saving rate and sector savings rate from 2000-2007. The results show that the gap berween the comparable savings rate of China and U. S. is not only narrowing year by year, but far lower than the calculation results of the existing studies as well. Furthermore, considering the consumption of fixed assets, the gap between the net savings rate of China and U.S. has dropped to less than 10% in recent years. The convergence of savings rates between the two countries is likely to be sustained by the long-term trend of ageing populations.
Abstract: Using the inter-provincial panel data from 2011 to 2018, the index system of agricultural high-quality development was established, and the agricultural high-quality development level of 28 provinces in China was calculated. The results showed that there were regional differences in the level of agricultural high-quality development in China, the highest level of agricultural high-quality development in eastern China, followed by the central and western regions. This paper further analyzes the influence of digital inclusive finance on the high quality development of agriculture, and discusses the convergence effect of digital inclusive finance on the high quality development of agriculture with the help of conditional convergence model. The results show that there is a positive correlation between the development of digital inclusive finance and the level of high-quality agricultural development in China, whether from the national level or from the three regions of east, middle and west.
Key words: rural finance; high-quality agricultural development; digital inclusive finance; convergence model
Abstract: It is a new development strategy proposed by the CPC Central Committee in response to the new situation at home and abroad to construct a new pattern of domestic and international economic development with the major domestic economic circulation as the main. Supply chain economy is an important way to realize the goal of economic double cycle, and supply chain finance is an important guarantee for the sustainable prosperity of supply chain economy. In recent years, the development of the country’s financial supply chain despite the faster, but in the face of the complex economic and financial situation, especially the strategy of establishing a new pattern of economic development background, the economic changes new features must be based on the supply chain, tighten the exposure of supply chain finance, design good new layout of supply chain finance, improve the proportion of financial supply chain in the various financial products, to speed up the supply chain financial policies to the ground, with digital as the main means to comprehensively promote the financial capacity of the supply chain and then released, fully meet the needs of economic development of the supply chain, financial in the supply chain to economic development, In particular, it plays an important role in the construction of a new economic structure.
Key words: new pattern of economic development; supply chain economy; supply chain finance; financing for small and micro enterprises
Abstract: In recent years, Central Committee of the Communist Party of China and the State Council introduced many policies to improve the policy environment for private business and to support private enterprises to enhance credit. Based on related literature, this paper reviews the influencing factors of private enterprise financing and makes an empirical test to evaluate these factors using the data of listed private enterprises. This research found that while local-government financing vehicles may crowd out private enterprise financing, there may also be a spillover effect. To a certain extent, state-owned enterprises use financial resources and then reduce the financing capacity of private enterprises. Given the fact that the development of direct financing has been lagging, private enterprise financing constraint has been greatly increased. Based on these findings, this study suggests that we should promote the transformation of local government financing platforms, carry out the principle of “competitive neutrality” to create a fair market, and support private enterprises to increase direct financing.
Abstract: At present, the substitution effect of non-cash payment to cash payment is increasingly significant. But cash payment still occupies the important position in residents’ daily payment. In this context, it has become an increasingly important topic that how to accurately predict regional cash demand to meet the needs of the regional circulation. By learning the application of artificial intelligence technology at home and abroad, such as machine learning and neural network, this paper realizes regional cash demand forecasting by using ridge regression, MLP and LSTM weighted combination model and the historical data of district cash issuance, which has a important reference significance for co-ordinating currency issuing work of the People’s Bank of China and actively preventing and dissolving the risk of currency supply.
Abstract: As the main force of social risk management, health insurance plays a critical role in responding to public health emergencies. Faced with frequent major public health crises, there exists some countermeasures to be applied to how the health insurance industry can effectively participate in the construction of public health system via enabled technology since the 21st century. According to the methods of data comparison analysis and model construction, this paper analyzes the actions, the weaknesses, the opportunities and challenges of commercial health insurance industry in China during the period of prevention and control for major epidemic diseases and conducted on the basis of the international experience of health insurance in the construction of the public health security system and development of insurance technology, thus the paper tabling a series of policy proposal that Chinese health insurance industry cope with major public health crisis for the betterment of public health security system to promote the achievements of “Health China initiative” and “the strategy of sustainable development”.
Key words: health insurance; public health security system; insurance of science and technology