Fostering Enterprise Innovation: The Impact of China’s Pilot Free Trade Zones

Lei, Ting; Xie, Ping

doi:10.1007/s13132-023-01501-8

Cited by 11 publications

(2 citation statements)

References 51 publications

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“…These studies, however, tend to overlook the burgeoning dimension of digital commerce. Addressing this gap, Fu et al (2016), Chen et al (2023), and Lei and Xie (2023) provide a more nuanced perspective by acknowledging the role of digital transformation in global trade. They underscore e-commerce's potential to complement foreign direct investment, particularly in enhancing market access for Chinese exports.…”

Section: Literature Reviewmentioning

confidence: 99%

E-commerce and foreign direct investment: pioneering a new era of trade strategies

2024

Humanit Soc Sci Commun

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This study explores the dynamic interplay between foreign direct investment, e-commerce, and China’s export growth from 2005 to 2022 against the backdrop of the rapidly evolving global economy. Utilizing advanced analytical models that combine province- and year-fixed effects with fully modified ordinary least squares and dynamic ordinary least-squares methodologies, we delve into how foreign direct investment and e-commerce collectively boost China’s export capabilities. Our findings highlight a significant alignment between China’s export expansion and the global sustainable development agenda. We observe that China’s export growth transcends mere international investment and digital market engagement, incorporating sustainable practices such as effective utilization of local labor resources and an emphasis on technological advancements. This study also uncovers how knowledge capital and educational attainment positively impact export figures. A notable regional disparity is observed, with the eastern regions of China being more responsive to foreign direct investment and e-commerce influences on export trade compared to their western counterparts. This disparity underscores the need for region-specific policy approaches and sustainable strategies to evenly distribute the benefits of foreign direct investment and e-commerce. The study concludes that while foreign direct investment and e-commerce are crucial for China’s export growth, the underlying theme is sustainable development, with technological innovation and human capital being key to ongoing export success. The findings advocate for policies that balance economic drivers with sustainable development goals, ensuring both economic prosperity and environmental sustainability.

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Section: Literature Reviewmentioning

confidence: 99%

E-commerce and foreign direct investment: pioneering a new era of trade strategies

2024

Humanit Soc Sci Commun

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“…Energy intensity, which measures energy consumption per unit of GDP, signifies that lower values often indicate a more energy-efficient economy, contributing to economic sustainability and resilience, crucial elements in the fight against energy poverty. Studies [52][53][54][55][56][57][58][59] show that trade openness mitigates energy poverty by lowering energy import costs and facilitating the adoption of advanced energy technologies, though the benefits hinge on fair trade practices and internal policy frameworks. Democratic governance structures promote policies that effectively combat energy poverty due to their transparency and accountability.…”

Section: Linking Between Energy Poverty and Democracy Valuesmentioning

confidence: 99%

Energy Poverty and Democratic Values: A European Perspective

Kwilinski,

Lyulyov,

Pimonenko

2024

Energies

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This paper explores the complex relationship between energy poverty and the maintenance of democratic values within the European Union (EU), suggesting that energy poverty not only impacts economic stability and health outcomes but also poses significant challenges to democratic engagement and equity. To measure energy poverty, a composite index is developed using the entropy method, which surpasses traditional measures focused solely on access to energy or its developmental implications. To assess the level of democratic governance in EU countries, the voice and accountability index (VEA), which is part of the World Governance Indicators compiled by the World Bank, is utilized. By analyzing EU data from 2006 to 2022, the findings suggest that a 1% improvement in VEA quality, represented by a coefficient of 0.122, is correlated with a notable improvement in the energy poverty index. This suggests that the EU should focus on enhancing transparency and public participation in energy decision-making, along with ensuring accountability in policy implementation. The research also differentiates between full and flawed democracies, noting that tailored approaches are needed. In full democracies, leveraging economic prosperity and trade is crucial due to their significant positive impacts on the energy poverty index. In contrast, in flawed democracies, enhancing governance and accountability is more impactful, as evidenced by a higher coefficient of 0.193. Strengthening legal and regulatory frameworks, improving regulatory quality, and ensuring public engagement in governance could substantially mitigate energy poverty in these contexts. In addition, this paper demonstrates that this relationship is influenced by factors such as income inequality, energy intensity, and trade openness.

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Leveraging Intangible Cultural Heritage Resources for Advancing China’s Knowledge-Based Economy

Ma,

Guo

2023

J Knowl Econ

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Fostering Enterprise Innovation: The Impact of China’s Pilot Free Trade Zones

Cited by 11 publications

References 51 publications

E-commerce and foreign direct investment: pioneering a new era of trade strategies

E-commerce and foreign direct investment: pioneering a new era of trade strategies

Energy Poverty and Democratic Values: A European Perspective

Leveraging Intangible Cultural Heritage Resources for Advancing China’s Knowledge-Based Economy

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