South Korea is one of the strongest countries in the TV drama industry, and its TV dramas are an important way for the spread of national culture to the outside world. Through years of development, a high-quality TV drama industry chain has been formed. Compared with South Korea, Chinese TV drama industry has a certain degree of immaturity in terms of production mode and external communication. The author provides a reference for the future development of Chinese TV drama industry through a comparative analysis of the production and broadcasting modes of TV dramas in China and South Korea .

Purpose – Since the formal establishment of diplomatic relations between China and South Korea in 1992, bilateral trade between China and South Korea has been developing steadily. To meet the trend of economic globalization and regional economic integration, the governments of China and South Korea formally signed the China-Korea Free Trade Agreement (FTA) in 2015. Taking the recent development of China-Korea trade in the new era as an entry point, this paper proposes suggestions for promoting the sustainable development of bilateral trade by analyzing the current situation of China-Korea trade development. Design/Methodology/Approach – This paper firstly analyzes the development status of China-Korea FTA by combing the data from the Ministry of Commerce of China, and further analyzes the current situation of bilateral trade between China and South Korea by quantitative analysis, and studies the specific impact of China-Korea FTA on the import and export trade between the two countries; finally concludes the above study and makes suggestions. Findings – The development of China-Korea FTA has an obvious role in promoting the trade between the two countries and helps to promote the economic development of both countries. Suggestions include: China and Korea should further expand the depth of bilateral trade cooperation; use the China-Korea FTA to realize the upgrading of industrial structure of both countries; use the China-Korea FTA to expand bilateral cooperation in foreign investment services. Research Implications – The study of the trade effects of the FTA between China and Korea helps both countries to make full use of the opportunities brought by the establishment of the FTA, identify the problems in bilateral trade between China and Korea, and provide policy recommendations for achieving a win-win situation for both countries.

With the continuous development of social economy, performance communication plays a more and more important role in enterprises. Performance communication plays different roles in different stages of performance management. Based on relevant theories of management, this paper further explores the importance of communication performance, including communication between leaders and employees, communication between departments, communication between teams, communication between employees, and so on. Through the case analysis of Qinhuangdao Branch of China Life Insurance Company, this paper further demonstrates the importance of performance communication, as well as the existing problems, and provides valuable experience for the development of enterprises

이 글은 2003~2018년까지 16년간 중국이 아세안(동남아국가연합)에 직접 투자한 패널 데이터를 수집해 분석한 것으로, IMF의 대표적 금융기관 발전 수준을 보여주는 FI (Financial Institution Index)와 금융시장 발전 수준을 보여주는 FM (Financial Markets Index)을 채택해 ASEAN의 금융 발전 수준을 가늠 하는 변수로 삼았다. 각국의 정치적 수준을 대변하는 WGI(Worldwide Governance Indicators)와 각국의 인간개발지수를 나타내는 HDI (Human Development Index)를 채택해 아세안 사회 환경을 가늠 하는 변수로 삼았다. 이를 조절변수로 삼아 아세안에 대한 중국의 직접투자를 각각 상호작용을 하여 중국의 직접투자가 아세안의 경제에 미치는 영향을 관측하였다. 그 결과 중국의 동남아국가연합(ASEAN)에 대한 직접투자가 유치국 경제 성장에 긍정적인 영향을 미치지 않는 것으로 나타났다. 동시에 아세안의 사회 환경과 금융 발전은 중국의 직접 투자에 대해 부정적인 조정 작용을 가져온다.

Since the reform and opening up, China's SMEs in the process of market economy development gradually from domestic to overseas. Through a large number of domestic SMEs continue to open up overseas markets to participate in international trade, which promotes the rapid growth of China's economy, however SMEs are also facing a series of problems in the process of developing overseas markets. This paper mainly studies the necessity and Countermeasures of SMEs to explore overseas markets. Firstly, it analyzes the necessity of SMEs to explore overseas markets, and then analyzes the problems faced by SMEs in the process of developing overseas markets. Finally, combined with the actual situation, this paper puts forward some specific countermeasures to improve the development of overseas market of SMEs, in order to provide some reference for the process of SMEs to explore overseas markets.

디지털 경제의 급속한 발전으로 전통적인 과세제도가 새로운 경제 형태인 디지털경제에 더 이상 적용 할 수 없게 한다. 디지털 경제 발전에 걸맞은 조세제도를 적극적으로 구축하는 것은 오늘날 사회에서 직면해야 할 과제다. 본 연구는 먼저 디지털 경제의 정의와 특징 및 디지털세에 대해 기술하였다. 디지털경제가 중국의 경제·사회에 가져온 새로운 변화를 착안점으로 납세 주체의 감독, 과세 대상의 확정, 과세지의 결정 등 현행 조세제도에 대한 디지털 경제의 도전을 체계적으로 분석했다. 이와 함께 디지털 경제에 따른 과세 문제가 경제사회 발전의 효율성과 공정성에 미치는 부정적 영향도 살펴보았다. 시장 메커니즘의 왜곡, 재정수입의 손실, 조세권 배분의 불공평 및 조세부담의 불균형 등 문제를 포함한다. 그 다음 관련 국제기구 및 국가들의 디지털 경제 조세 도전에 대한 대응책을 정리했다. OECD는 국제 조세 제도의 개편을 촉진하기 위한 Two-Pillar 계획, UN이 이중과세방지 협약에 신설하는 제12B 조항, EU가 역내 조세규칙 조정을 추진하는 방안 그리고 미국이 국내 조세제도 개혁을 추진하는 방안 등이다. 마지막으로 본 연구는 디지털 경제에 따른 과세 도전에 대한 국제적 대응방안과 중국 조세정책의 문제점을 기초하여 조세제도, 세금 징수·관리 능력, 국제적 조세 협력의 세 가지 측면에서 디지털경제에 걸맞은 조세제도를 보완하는 대책을 제안했다.

현재 신종 코로나바이러스 감염증이 전 세계적으로 계속 확산되어 경제와 무역에 미치는 영향이 지속적으로 깊어지고 있다. 2002년 11월에 한중일 자유무역지대를 설립하는 구상이 제출된 후에, 한중일 FTA는 벌써 18년 정도 난항을 겪어왔다. 현재 3자는 상품무역, 서비스무역, 투자, 규칙 등 중요한 제안 에 대해 심도 있는 의견을 교환하였으며, 공동으로 참여하고 있는 ‘역내포괄적경제동반자협정’(RCEP) 이 공감대를 바탕으로 무역과 투자의 자유화 수준을 더욱 높이고, 높은 기준의 규칙을 수립하여 한중일 자유무역협정을 구축하기로 합의하였다.

농촌 관광 이해관계자의 요구에 대한 관심과 그들의 이익에 대한 중시는 그들과 타 이해관계자 간의 잠재적 충돌 해소에 도움을 주면서 농촌 관광지의 지속가능한 발전을 실현하게 한다. 농촌 관광의 발전 과정은 현지 정부, 주민, 관광 기업, 관광객 등 다양한 이해관계자들의 이익과 연관되어 있다. 본고는 현재 중국의 농촌 관광 발전 과정에서 이해관계자 간 갈등의 원인과 모순의 구체적 내용에 대한 심도 있는 분석을 진행했고, 이해관계자 간 갈등의 해소를 위해 이익의 표현, 획득, 분배, 보장 등 네 가지 측면에서 구체적인 이해관계자 간 관계 조율 조치를 제시했다. 또한 원가촌의 사례를 통해 해당 관계 조율 조치의 실행 가능성을 검증했다.

본 연구의 목적은 무용교육 프로그램을 통한 중국 요보호아동들의 심리건강을 증진 시키는데 있다. 연구의 목적을 바탕으로 중국 허베이성 A지역의 요보호아동을 70명을 연구 대상으로 선정 하여 초등학생 심리건강 척도를 측정하였다. 아울러 중국 요보호아동에게 무용교육 프로그램을 제공 하였다. 자료를 분석하기 위해 SPSS 22.0과 Amos 22.0 프로그램을 활용하여 빈도분석(frequency analysis), 기술통계 분석(descriptive statistics analysis), 신뢰도 분석(reliability analysis), 상관관 계 분석(correlations analysis), t-test 분석(independent samples t-test analysis) 그리고 확인적 요인분석(confirmatory factor analysis)을 실시하였다. 분석결과, 무용교육 프로그램은 요보호아 동들의 학습 장애, 정서 장애, 성격 장애, 사회적응 장애, 성품 장애, 불량습관 장애, 특수상황 장애, 그리고 불안행동 장애를 개선하는데 효과가 있음을 확인하였다. 이는 무용교육이 앞으로 더 많은 요보호아동들에게 적용될 수 있도록 향후 무용교과가 필수교과에 포함되기 위한 기초자료를 제공 하는데 초석이 될 것으로 기대한다.

The aim of this paper is to understand the nature of transformation of the Chinese economy. China’s approach to the process of economic development in the aftermath of the reforms in the late 1970’s has been a success story and a phenomenon of great significance. It helped millions of people move out of poverty and achieve an acceptable standard of life. The economic policy of China was more effective than India’s; we measured this effectiveness in terms of two fundamental approach: first, growth was fundamental for ensuring and increasing the wellbeing as it increases total output in China compare to India; second, growth was pro-poor in China, but not in India, during the period 2000-2011. In this paper, we seek to explain how China reduced extreme poverty through reforms, and this reform experience of China stands out for three reasons. The first is renewed thrust on the rural economy and private sector, second is decentralized planning, and third is investment in human resource development. This experience of China’s reform success offers a significant lesson for most of the developing countries, especially India, since India has more similarities with China. Therefore, this experience is particularly insightful for India.

We investigate the impact of roads and highways within the provinces on the regional trade of China using the augmented Gravity Model and theory of modeling trade. We take a panel data covering 31 provinces of China over 20 years period (1998-2017) for the estimations. We apply ARMA-OLS model, fixed and random effects, and robust findings by Hausman test. The results imply that road and highway lengths within the provinces have a significantly positive impact on the value of the province-wise exports. The positive impact is due to the fact the increased coverage of roads and highways increase accessibility to resources and mobility of goods and services within the regions. Moreover, employment in the transportation sector, per capita GDP and population of the provinces also illustrate positive and significant influence on regional exports and trade. The impact of China’s WTO accession on regional exports has been positive, while the financial crisis has had a negative impact. The year dummies show that, in the years following the financial crisis, China was able to regress from the external shock as trade within the provinces increased. The increase in exports after financial crisis is mainly due to the government policies and support to every province.

The purpose of this study is to analyze the efficiency of research institutes of futures companies, and to promote the development of futures market and real economy. This study employs DEA-solver software to conduct super-efficiency data envelopment analysis (SE-DEA), and also selects 40 representative futures research institutes in China as decision-making units (DMUs). For data of input and output indicators, we collect from the China Futures Association, Futures Daily, Hexun.com and Webstock.com respectively, and the time duration is the 103 trading days between from October 2019 to February 2020. Then the indicator for the strategy accuracy rate is calculated separately by analyzing the strategies published by each DMUs in public media. In conclusions, most institutes have excessive investment in human resources, and also have insufficient strategy accuracy rate and insufficient published research reports. The findings of this study suggest that Chinese futures companies need to improve the efficiency of research institutes, and better meet the demand of the financial market. In fact, the analysis of the efficiency of the futures company research institute has not been found in the literature worldwide, Application of DEA model in efficiency analysis of securities and futures research institutions and establishment of indicators are the innovations of this paper.

Shadow banking in China has been growing rapidly; banks use wealth management products aggressively to evade regulatory constraints. The loan-to-deposit ratio or LDR targets both sides of the balance sheet; loans in terms of asset-side, and deposits in terms of liabilitiesside; banks needed to control and maintain both sides. Regulators restricted Chinese banks to maintain a 75% limit for their loan-depositratio. Banks’ needed to either lower their loans or increase the deposits; WMPs helped banks to evade this limit. Banks issue more WMPs to control and manage a 75% statutory ceiling LDR. This WMPs-LDR positive association disappeared post-2015 period. This study empirically examined how Chinese banks use WMPs issuance to avoid regulatory constraints. Quarterly panel data for 30 top Chinese banks were used by analyzing pre-2015 (during the 75% LDR limit) and post-2015 (after removal of the LDR limit). This study also performed fixed-effects model as recommended by the Hausman specification test, with feasible generalized least squares FGLS estimation technique. The results of this study show that for the pre-2015 period, Chinese banks use issuance of WMPs aggressively to manage their LDR limit; this WMPs-LDR relationship disappeared post-2015 period. Moreover, SMBs use WMPs more eagerly as compare to Big4 banks.

에른스트 파베르(Ernst Faber, 1839-1899, 중국명: 花之安)는 독일 선교 사로서 중국선교에 일생을 바친 인물이다. 그의 대표적 중문 저서인 󰡔자서 조동󰡕(1884)과 󰡔경학불염정󰡕(1898)은 19세기 동양 지식인들에게 큰 영향을 준 서적으로 당시 유교 사회의 형식주의를 지적하며 기독교 선교의 길을 제시했다. 본 연구는 그의 이 두 저서에 기초해 어떻게 격물치지를 이해해 나가는지 고찰했다. 특히 그는 격물치지에서 사물마다 궁리하는 과정에만 머무르는 것이 아니라 이런 궁리가 인식 주체인 인간의 마음을 추구하는 길로 나가야 한다고 보았다. 즉 격물은 마음을 정미하게 해 자세히 살피는 것으로, 이런 마음을 찾아 나가는 길이 바로 하나님을 아는 길이라고 보았 다. 오직 하나님만이 천하의 참 주인으로 이를 섬길 때 인간 마음의 지혜 가 격물의 길로 나갈 수 있다. 본 연구는 파베르가 격물치지에 대한 기독 교적 해석을 통해 중국 전통의 태극, 리를 하나님의 종처럼 그 창조와 주 재 시에 사용하는 도구로 보고자 함을 고찰했다. 분명, 파베르는 선교적 관점에서 하나님의 절대성을 강조하기 위해 이런 태극, 리를 폐기하기보다 이를 하나님의 창조물로 보는 기독교적 관점을 견지했다고 볼 수 있다. 이 를 통해 19세기 기독교와 유교의 또 다른 대화의 면모를 살펴볼 수 있을 것이다.

This study aims to investigate whether Corporate Social Responsibility (CSR) performance can help companies gain more bank unsecured loans. Additionally, this study analyzes the moderating effect of firm size and industry characteristics. Data was collected through the case of companies listed on the Shanghai Stock Exchange or the Shenzhen Stock Exchange in China between 2009 and 2018 with 5373 firmyear observations. The results of multivariable regression analysis show that good CSR performance exhibits a strong positive impact on unsecured debt, including short-term, long-term, and total unsecured debt, which indicates that corporate with good CSR performance can borrow more unsecured debt. further research shows that this effect is more pronounced for small enterprises and firms operating in heavy-polluting industries. Additionally, research on the impact mechanism finds that good CSR performance can help mitigate information asymmetry between borrower and lender, reduce moral hazard of borrower, and obtain support from key stakeholders, and therefore reduces the risk of default. The findings of this study suggest that firms with good CSR performance exhibit a preference for unsecured debt, but decline to provide collateral for debt. Overall, we emphasize and illustrate the important role of corporate CSR in bank credit financing.

Purpose: The purpose of this paper is to empirically investigate the relationship between government subsidies and research and development (R&D) investment of animal husbandry companies in China. The moderating effects of firm size, debt ratio, and firm profitability on this relationship are also examined. Research design, data and methodology: The analysis is based on 14 animal husbandry companies listed on the Shanghai and Shenzhen stock exchanges over the period of 2012-2016. Data are obtained from the China Stock Market & Accounting Research (CSMAR) database and the RESSET database, and multiple regression analysis is utilized with the aid of Stata. Results: The empirical results show that government subsidies can promote R&D investment of animal husbandry companies in China. In addition, firm size, debt ratio, and firm profitability have positive moderating effects on the relationship between government subsidies and R&D investment. Conclusions: Based on the results, the paper concludes that government subsidies play an important role in the process of R&D of China’s animal husbandry companies. This paper recommends that managers of animal husbandry companies should enhance the utilization efficiency of government subsidies and put great emphasis on R&D investment. The policymakers should implement more incentives to encourage animal husbandry companies to invest more in R&D.

The purpose of this study is to investigate the development and determinants of China-ASEAN trade relations over the period of 2000-2018. Employing both the qualitative and quantitative approaches, the results show that the trade relations between China and the Association of South East Asian Nations (ASEAN) have remarkably developed and rapidly grown over times, with a significantly important concentration on the segments of high technological and medium technological products. We also find that China’s economic scale is crucially impacting on the China-ASEAN trade relations under both the aggregate and sub-sector level. It is interesting to notice that there is no evidence to support accession to the World Trade Organization (WTO) and officially forming of ASEAN-China Free Trade Agreement (ACFTA) to enhance trade relation between both sides. The findings also quantitatively indicate that there is much significant potential for the expansion of mutual trade between China and some members of ASEAN such as Brunei, Laos and Malaysia, while less potential is predicted for other members of ASEAN. It is strongly suggested that China and ASEAN should find a new proactive approach and make more efforts in improving the mutual political trusts to enhance trading activities in the coming years.

Purpose: Many studies show that promoting the development of trade facilitation has a positive role in stimulating the country's foreign trade. Therefore, it is of great practical significance to study the development level of trade facilitation for China's export trade. Research design, data and methodology:This study analyzes the growth trend of China's export trade volume in 2009-2019, the characteristics of China's export trade market according to the top 18 major exporting countries in 2017-2018, the structure of export commodities to understand China's economic development level, and compares the total amount of trade exported to all uses this to measure the level of trade development. On this basis, this paper selects the 2011-2018 Trade Facilitation Index and C continents to study the development trend. Based on the theory of trade facilitation, this paper constructs the Trade Facilitation Index, and hina's export trade volume for empirical research. Results: The results show that trade facilitation has a positive and significant impact on the development of China's export trade. Conclusions: Based on the analysis of the actual situations and empirical results, this paper puts forward some suggestions to promote the level of trade facilitation in order to promote the development of import and export trade.

This study is designed to investigate the impact of China exchange rate policy on its trading partners by using a country multi-dataset GVAR model. Our model includes samples of 30 countries, six from high-income, six from middle-income and eighteen from low-income countries. This study used annual time series data over the period 1992 to 2017. We constructed currency misalignment index and it provided some interesting features about the currency undervaluation and overvaluation. The results of the currency misalignment shows that China’s Renminbi is structurally more undervalued over the sample period as compared to other countries, and fluctuation in major currencies effects the global trade around the world. The overall empirical results of the GVAR model indicate that RMB undervaluation affects the trade pattern and macroeconomic performance of China’s trading partners. Overall, China’s exchange rate undervaluation has mixed effects on trading partner’s GDP, exports and imports. The devaluation of China’s RMB efficiently stimulated China’s exports and reduced imports. While, in some countries, this effect is reverse, the RMB undervaluation increases the GDP of partner countries and also increases their exports to China. The results confirm the strong and leading role of the Chinese Renminbi in the global trade.

Based on the panel data of 24 provinces (cities) in mainland China over 19 years from 2000 to 2018, this paper analyzes the macro factors influencing South Korea's direct investment in China. The analysis results show that the GDP size of Chinese provinces (cities) has attracted the inflow of direct investment from South Korea significantly. Infrastructure construction in each province (city) is also an influential factor. The market openness, FDI acceptance and technology market activity of Chinese provinces (cities) are also the reasons that have a significant impact on South Korean FDI. In addition, South Korea's direct investment in China also has a positive effect in terms of the investment cost reduction brought by borrowing financing and currency exchange rate. Finally, the financial crisis has slowed South Korea's direct investment in China. In terms of geographical selection, South Korea's direct investment tends to the eastern developed regions.