The possibility for two competitive firms to form a strategic alliance was quantitatively analyzed with the game theory. The strategic alliance could be formed in an infinitely repeated game with complete information ...The possibility for two competitive firms to form a strategic alliance was quantitatively analyzed with the game theory. The strategic alliance could be formed in an infinitely repeated game with complete information or a finitely repeated game with incomplete information. In the former situation, the discount ratio is important. If the discount ratio is large enough, alliance would be a possible solution. In the latter situation, the bigger the possibility of the rationality is, the more possible is for both firms to make strategic alliance.展开更多
Since confidence is fading and anxiety is increasing in the US,America’s China policy has become more radical. In the short term, the US has the upper hand and China is in a relatively passive position. In the medium...Since confidence is fading and anxiety is increasing in the US,America’s China policy has become more radical. In the short term, the US has the upper hand and China is in a relatively passive position. In the medium-and long-term, there will be more balance between them. This current strategic gambling between China and the US will be the major issue of international politics in the first half of the 21 st century and the most prominent external challenge China faces. China needs to make strategic adjustments but the gamble may be worthwhile in correcting imbalance in the international order and in the co-evolution of the two countries.展开更多
Consensus has been reached on a broad range of issues between China andin striving for a lasting,stable,bilateral relationship during the firststate visit in 12 years by China’s head of state to the United States. Th...Consensus has been reached on a broad range of issues between China andin striving for a lasting,stable,bilateral relationship during the firststate visit in 12 years by China’s head of state to the United States. The recentJiang-Clinton Summit plus the Sino-US Joint Statement jump-started the endeav-ors toward a constructive strategic partnership oriented to the 21st century. Indeedwhat lies in store for the relationship across the Pacific Ocean in the unfolding.展开更多
Russia and China are celebrating their“strategic partnership”,and have been vastly expanding their cooperation since 2014.Their close alliance is based on economic and geopolitical considerations.While it is mutuall...Russia and China are celebrating their“strategic partnership”,and have been vastly expanding their cooperation since 2014.Their close alliance is based on economic and geopolitical considerations.While it is mutually beneficial,it also has its limitations.China and Russia mostly agree with each other on structural issues such as redefining the parameters of international governance.However,they also continue to encounter disagreements and conflicts over conjectural issues such as energy and arms trade.We conclude that in the Asia-Pacific,China and Russia will likely develop a more comprehensive relationship that may have greater practical implications for the region's security and stability.China and Russia continue to seek to align their strategies more comprehensively against the backdrop of the evolving geopolitical environment by working to overcome existing disagreements and exploring new areas of cooperation.展开更多
As an important ingredient in bilateral ties, China-US economic and trade rela-tions have now evolved into a bond of strategic interests that glue the world’stwo great powers. Since a trans-Pacific strategic partners...As an important ingredient in bilateral ties, China-US economic and trade rela-tions have now evolved into a bond of strategic interests that glue the world’stwo great powers. Since a trans-Pacific strategic partnership is taking shape in the political arena,the author believes that, the call of the hour is to go a step further and put展开更多
President Jiang Zeming’s U.S.visit together with Jiang-Clinton WashingtonSummit last October has worked out the direction and a basic framework forChina-U.S.relations in the 21st century.It represents a landmark in t...President Jiang Zeming’s U.S.visit together with Jiang-Clinton WashingtonSummit last October has worked out the direction and a basic framework forChina-U.S.relations in the 21st century.It represents a landmark in the annualsof bilateral ties between the two great nations.This is the first year,when bothshores of the Pacific Ocean are working hard to lay bricks for a constructive strate-展开更多
Using a spatial econometric model, this paper investigates strategic interaction among provincial governments regarding expenditures, the mechanism behind expenditures interaction and their effects on economic growth ...Using a spatial econometric model, this paper investigates strategic interaction among provincial governments regarding expenditures, the mechanism behind expenditures interaction and their effects on economic growth in China. Our conclusion is as follows: Significant strategic interaction exists among provincial governments regarding expenditures mainly owing to fiscal competition mechanism in China, and expenditures interaction has changed significantly since tax sharing system reform, which has had positive effects on regional economic growth. This conclusion has significant implications for the optimization of public functions, size and structure of local governments in China.展开更多
In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as ne...In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as new energy,new materials,new generation of information technology occupy an important market share in China and even the world.However,there are still a number of problems in the process of development,and the policy support has a greater impact.In this paper,the development status of strategic emerging industries in Anhui Province was discussed firstly,and then the challenges and problems of the development was discussed.Finally,some science and technology promotion policies of strategic emerging industries in Anhui Province were proposed.展开更多
With the global economy and the intensification of market competition, more and more enterprises in the same industry to establish a new alliance---competitive strategic alliance. Competitive strategic alliance is not...With the global economy and the intensification of market competition, more and more enterprises in the same industry to establish a new alliance---competitive strategic alliance. Competitive strategic alliance is not only in the strategic choice of the existence of a potential to create value, but also the existence of synergy. Competition and cooperation between the two conflicting complex logic relations coexist in the competitive strategic alliances （CSA）. Therefore maintaining the relative stability of alliance is the premise and necessary condition of alliance to success. In this paper, on the basis of the literature review, we discuss the significance and principles of improving CSA＇s stability; in the way of case analysis and expert interviews construct the hierarchy analysis model of improving CSA＇s stability; and then further put forward a series of measures which can maintain the CSA＇s stability, such as strengthen the ability of technological innovation, protection and development of the core ability of the enterprise, to develop a coherent strategy alliance target, choose a suitable alliance partner, coordinate the corporate culture between partners, establish alliance risk prevention mechanism, and so on. It will provide theoretical support and practical guidance to relevant departments and relevant personnel in policy decision-making and problem-solving展开更多
Scientific and technological(S&T) competition has become a core and frontier issue in the ongoing China–U.S. strategic competition and the main focus of both countries. Currently, the Biden administration is adop...Scientific and technological(S&T) competition has become a core and frontier issue in the ongoing China–U.S. strategic competition and the main focus of both countries. Currently, the Biden administration is adopting an S&T competition strategy toward China based on the “small yard, high fence” tactical logic, which involves three pillars: investment to make America strong, alignment to get things under control, and competition to weaken China. In the current context of the China–U.S. competition entering a new normal, five inherent contradictions, namely, the gap between strategic expectations and policy effects, shortfall between action capabilities and policy objectives, push-and-pull between strategic deployment and domestic politics, clash between strategic intentions and the S&T innovation ecosystem, and divergences between American priorities and the interests of American allies, will dictate how this administration will implement its S&T competition strategy toward China.展开更多
This paper investigates empirically the effect of different types of product market competition on levels of voluntary disclosure of proprietary information in financial markets. The author proposes that there are two...This paper investigates empirically the effect of different types of product market competition on levels of voluntary disclosure of proprietary information in financial markets. The author proposes that there are two types of strategic interaction settings relevant to disclosure： capacity competition and price competition. Capacity competition drives firms to disclose more information to attain financial market valuation-related benefits, while price competition drives them to disclose less to protect long-term product market advantages. The author finds that the type of product market competition affects the level of voluntary disclosure over and above the finn＇s external financing needs documented in the previous literature. That is, firms engaged in capacity competition disclose relatively more information than those in price competition. Further analysis shows that capacity competition firms disclose more information than no-strategic-interaction benchmark firms but that price competition firms do not disclose less information than the benchmark firms.展开更多
China and the US differ sharply in their models of international development assistance. Because the US strengthens development assistance as a strategic investment, it has a privileged position under current internat...China and the US differ sharply in their models of international development assistance. Because the US strengthens development assistance as a strategic investment, it has a privileged position under current international rules. China has expanded in regional markets using more cooperation and is there recreating the rules in trade, investment and infrastructure. To deal with China’s policy on international development,the Trump administration is promoting a geoeconomic game and trying to make its US model more attractive. This gives a glimpse into how the US has begun a systematic balancing. International development assistance has been a security tool,and now becomes the main battlefield of competition between the two countries.展开更多
"Major Consensus"between China and the United States during the Past 35 Years The so-called"major consensus"refers to the tacit understanding and agreement between the two countries on a series of ..."Major Consensus"between China and the United States during the Past 35 Years The so-called"major consensus"refers to the tacit understanding and agreement between the two countries on a series of fundamental strategic issues.These fundamental strategic issues include which kind of country they expect their own to become,what means they would adopt in order展开更多
The study indicates that public-private partnerships （PPPs） can play ＂strategic＂, ＂practical＂, or ＂regulative＂ roles by making use of ＂instrumental＂, ＂institutional＂, and ＂normative＂ approaches in tackli...The study indicates that public-private partnerships （PPPs） can play ＂strategic＂, ＂practical＂, or ＂regulative＂ roles by making use of ＂instrumental＂, ＂institutional＂, and ＂normative＂ approaches in tackling political issues between countries. PPPs have often been discussed in studies of urban development, service provision, health care, and so on, but they have rarely been analyzed in terms of international relations and political problems on global environmental issues. This study takes an environmental problena---Sino-US energy and climate change cooperation--as a case study to inspect the possible roles and approaches of PPPs. Sino-US cooperation has been launched such as under the Strategic ＆ Economic Dialogue （S＆ED） by both administrations, which has significantly contributed to their reconciliation of domestic abatement policies in climate change, environmental protection, and energy. The establishment of schemes such as the Ten-Year Framework for Cooperation on Energy and Environment （TYF）, the EcoPartnerships, and wide-ranging dialogues and initiatives on clean energy and clean vehicles, in which both public and private actors participate, are among the important approaches of facilitating bilateral cooperation. The study concludes that these schemes have played strategic and practical roles in strengthening the degree of mutual trust and in facilitating the progress of cooperation, although more investigations are needed to considerate their regulative roles. The application of instrumental, institutional, and normative approaches have been observed through the implementation of the TYF and EcoPartnerships.展开更多
基金TheprojectofscienceandtechnologydepartmentinZhejiangprovince (No .2 0 0 3C30 0 4 8)
文摘The possibility for two competitive firms to form a strategic alliance was quantitatively analyzed with the game theory. The strategic alliance could be formed in an infinitely repeated game with complete information or a finitely repeated game with incomplete information. In the former situation, the discount ratio is important. If the discount ratio is large enough, alliance would be a possible solution. In the latter situation, the bigger the possibility of the rationality is, the more possible is for both firms to make strategic alliance.
文摘Since confidence is fading and anxiety is increasing in the US,America’s China policy has become more radical. In the short term, the US has the upper hand and China is in a relatively passive position. In the medium-and long-term, there will be more balance between them. This current strategic gambling between China and the US will be the major issue of international politics in the first half of the 21 st century and the most prominent external challenge China faces. China needs to make strategic adjustments but the gamble may be worthwhile in correcting imbalance in the international order and in the co-evolution of the two countries.
文摘Consensus has been reached on a broad range of issues between China andin striving for a lasting,stable,bilateral relationship during the firststate visit in 12 years by China’s head of state to the United States. The recentJiang-Clinton Summit plus the Sino-US Joint Statement jump-started the endeav-ors toward a constructive strategic partnership oriented to the 21st century. Indeedwhat lies in store for the relationship across the Pacific Ocean in the unfolding.
基金This article support by National Social Science Fund Project:Research on the Construction of Institutional Discourse Right in Global Governance—An Empirical Study Based on Sino-Russian Media Communication(全球治理中制度性话语权的构建研究—基于中俄传媒交流的实证研究16AZD052).
文摘Russia and China are celebrating their“strategic partnership”,and have been vastly expanding their cooperation since 2014.Their close alliance is based on economic and geopolitical considerations.While it is mutually beneficial,it also has its limitations.China and Russia mostly agree with each other on structural issues such as redefining the parameters of international governance.However,they also continue to encounter disagreements and conflicts over conjectural issues such as energy and arms trade.We conclude that in the Asia-Pacific,China and Russia will likely develop a more comprehensive relationship that may have greater practical implications for the region's security and stability.China and Russia continue to seek to align their strategies more comprehensively against the backdrop of the evolving geopolitical environment by working to overcome existing disagreements and exploring new areas of cooperation.
文摘As an important ingredient in bilateral ties, China-US economic and trade rela-tions have now evolved into a bond of strategic interests that glue the world’stwo great powers. Since a trans-Pacific strategic partnership is taking shape in the political arena,the author believes that, the call of the hour is to go a step further and put
文摘President Jiang Zeming’s U.S.visit together with Jiang-Clinton WashingtonSummit last October has worked out the direction and a basic framework forChina-U.S.relations in the 21st century.It represents a landmark in the annualsof bilateral ties between the two great nations.This is the first year,when bothshores of the Pacific Ocean are working hard to lay bricks for a constructive strate-
基金funded by the National Natural Science Foundation of China (70750002)Department of Social Sciences, the Ministry of Education of China (08JZD0012)Department of Postgraduate Education, the Ministry of Education of China (Office of the State Council Academic Degrees Committee) (200904)
文摘Using a spatial econometric model, this paper investigates strategic interaction among provincial governments regarding expenditures, the mechanism behind expenditures interaction and their effects on economic growth in China. Our conclusion is as follows: Significant strategic interaction exists among provincial governments regarding expenditures mainly owing to fiscal competition mechanism in China, and expenditures interaction has changed significantly since tax sharing system reform, which has had positive effects on regional economic growth. This conclusion has significant implications for the optimization of public functions, size and structure of local governments in China.
基金Supported by the Key Research Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2022(2022AH052680)Major Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2024(2024AH040304)Key Research Project of Humanities and Social Sciences of Colleges and Universities in Anhui Province in 2021(SK2021A0876).
文摘In recent years,based on advantages of industry,market,science and technology and other development environment,strategic emerging industries in Anhui Province are developing rapidly,and emerging industries such as new energy,new materials,new generation of information technology occupy an important market share in China and even the world.However,there are still a number of problems in the process of development,and the policy support has a greater impact.In this paper,the development status of strategic emerging industries in Anhui Province was discussed firstly,and then the challenges and problems of the development was discussed.Finally,some science and technology promotion policies of strategic emerging industries in Anhui Province were proposed.
文摘With the global economy and the intensification of market competition, more and more enterprises in the same industry to establish a new alliance---competitive strategic alliance. Competitive strategic alliance is not only in the strategic choice of the existence of a potential to create value, but also the existence of synergy. Competition and cooperation between the two conflicting complex logic relations coexist in the competitive strategic alliances （CSA）. Therefore maintaining the relative stability of alliance is the premise and necessary condition of alliance to success. In this paper, on the basis of the literature review, we discuss the significance and principles of improving CSA＇s stability; in the way of case analysis and expert interviews construct the hierarchy analysis model of improving CSA＇s stability; and then further put forward a series of measures which can maintain the CSA＇s stability, such as strengthen the ability of technological innovation, protection and development of the core ability of the enterprise, to develop a coherent strategy alliance target, choose a suitable alliance partner, coordinate the corporate culture between partners, establish alliance risk prevention mechanism, and so on. It will provide theoretical support and practical guidance to relevant departments and relevant personnel in policy decision-making and problem-solving
基金the phased result of a key project supported by the National Social Science Fund of China entitled“Research on Cyber Governance Systems from the Perspective of a Holistic Approach to National Security”(17ZDA106).
文摘Scientific and technological(S&T) competition has become a core and frontier issue in the ongoing China–U.S. strategic competition and the main focus of both countries. Currently, the Biden administration is adopting an S&T competition strategy toward China based on the “small yard, high fence” tactical logic, which involves three pillars: investment to make America strong, alignment to get things under control, and competition to weaken China. In the current context of the China–U.S. competition entering a new normal, five inherent contradictions, namely, the gap between strategic expectations and policy effects, shortfall between action capabilities and policy objectives, push-and-pull between strategic deployment and domestic politics, clash between strategic intentions and the S&T innovation ecosystem, and divergences between American priorities and the interests of American allies, will dictate how this administration will implement its S&T competition strategy toward China.
文摘This paper investigates empirically the effect of different types of product market competition on levels of voluntary disclosure of proprietary information in financial markets. The author proposes that there are two types of strategic interaction settings relevant to disclosure： capacity competition and price competition. Capacity competition drives firms to disclose more information to attain financial market valuation-related benefits, while price competition drives them to disclose less to protect long-term product market advantages. The author finds that the type of product market competition affects the level of voluntary disclosure over and above the finn＇s external financing needs documented in the previous literature. That is, firms engaged in capacity competition disclose relatively more information than those in price competition. Further analysis shows that capacity competition firms disclose more information than no-strategic-interaction benchmark firms but that price competition firms do not disclose less information than the benchmark firms.
文摘China and the US differ sharply in their models of international development assistance. Because the US strengthens development assistance as a strategic investment, it has a privileged position under current international rules. China has expanded in regional markets using more cooperation and is there recreating the rules in trade, investment and infrastructure. To deal with China’s policy on international development,the Trump administration is promoting a geoeconomic game and trying to make its US model more attractive. This gives a glimpse into how the US has begun a systematic balancing. International development assistance has been a security tool,and now becomes the main battlefield of competition between the two countries.
文摘"Major Consensus"between China and the United States during the Past 35 Years The so-called"major consensus"refers to the tacit understanding and agreement between the two countries on a series of fundamental strategic issues.These fundamental strategic issues include which kind of country they expect their own to become,what means they would adopt in order
文摘The study indicates that public-private partnerships （PPPs） can play ＂strategic＂, ＂practical＂, or ＂regulative＂ roles by making use of ＂instrumental＂, ＂institutional＂, and ＂normative＂ approaches in tackling political issues between countries. PPPs have often been discussed in studies of urban development, service provision, health care, and so on, but they have rarely been analyzed in terms of international relations and political problems on global environmental issues. This study takes an environmental problena---Sino-US energy and climate change cooperation--as a case study to inspect the possible roles and approaches of PPPs. Sino-US cooperation has been launched such as under the Strategic ＆ Economic Dialogue （S＆ED） by both administrations, which has significantly contributed to their reconciliation of domestic abatement policies in climate change, environmental protection, and energy. The establishment of schemes such as the Ten-Year Framework for Cooperation on Energy and Environment （TYF）, the EcoPartnerships, and wide-ranging dialogues and initiatives on clean energy and clean vehicles, in which both public and private actors participate, are among the important approaches of facilitating bilateral cooperation. The study concludes that these schemes have played strategic and practical roles in strengthening the degree of mutual trust and in facilitating the progress of cooperation, although more investigations are needed to considerate their regulative roles. The application of instrumental, institutional, and normative approaches have been observed through the implementation of the TYF and EcoPartnerships.
