• Title/Summary/Keyword: Chinese Economy

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Korean Company's Market Strategy According to The Korea·China FTA (한·중 FTA 체결에 따른 한국기업의 시장 진출 전략)

  • LIM, Cheon-Hyeok
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.72
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    • pp.161-183
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    • 2016
  • This study looked at the Korea enterprise in China market practices and strategies in accordance with the Korea China FTA macroscopically. And the systematic localization in the mid-to long-term decisions necessary for successful, it is important to the local economy by contributing to strategic social contribution activities also ensure the reliability of consumers. In addition to factors that may enjoy various benefits from an Korea China FTA strategy it is also needed to maximize the additional benefits of the FTA signed by Korea before. In particular, this strategy requires that the biggest benefits of FTA, that determine the tariff cuts by FTA partners to take advantage of it. In addition, the strategy that should be taken in advance to prevent any unnecessary risks through the recent rapid and thorough understanding of the appropriate response, Chinese, Chinese culture on O2O retail market. It is considered that the Korea China FTA requires multidimensional efforts with seeking a comprehensive and affordable countermeasures in order to act as an important factor for Korea market companies, government, companies and academia at the same time. In particular, the idea to carefully look at the various features with the Chinese consumer market will be a very important point.

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Clothing Purchasing Behavior and Life Style of korean-Chinese College Students in YanBian Region of China (중국 연변지역 조선족대학생들의 라이프 스타일과 의복구매행동에 관한 실증적 연구)

  • 심복실;유혜경
    • Journal of the Korean Society of Clothing and Textiles
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    • v.26 no.8
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    • pp.1141-1152
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    • 2002
  • This study examined the life style of Korean-Chinese co]loge students in YnBian region of China and analyzed the purchasing behavior of clothing according to the life styles. The sample consisted of 296 undergraduate students of the YanBian University in China. The Questionnaires were used to collect the data and the data were analyzed by Sequency, factor analysis, cluster analysis, $X^{2}-test$ and ANOVA. The major results were as follows : 1) Results of factor analysis showed that life styles of the respondents could be classified into 5 factors: the ostentatious sense factor, positive activity factor, circumspective economy factor, self-repletion factor and information conformity factor. 2) The respondents were divided into five groups according to the life styles; active shoppers, conspicuous compulsives, economic planners, self indulgers, and conspicuous planners. 3) Evaluative criteria in purchasing clothing, information sources and store patronage, differed among the five consumer groups. Especially, the conspicuous planners group differed from other groups in al1 aspects. 4) Gender, major, income and allowance were not significantly different among the groups. But, there were more one-child respondent in the ostentatious planned group, while planned consumer group had more respondents who were not one-child in their families.

A Case Study on Startup Practice of Entrepreneurship Education at a University in Anhui Province, China (중국 안휘성 소속 대학교 창업교육의 창업 실천 사례연구)

  • Wang, Jinling;Fu, Ting;Yang, Man
    • Journal of the International Relations & Interdisciplinary Education
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    • v.1 no.2
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    • pp.91-101
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    • 2021
  • With the rapid development of the Chinese economy, it is particularly important to strengthen the development of start-up innovation among Chinese university students, that is, public innovation is no longer a slogan.College student start-ups can promote the constant development of society, provide more jobs to society, diversify college students' experiences, and help college students gain experience.However, currently, there are problems such as an imbalance in economic and educational development in China, which affects the aggressiveness of college student start-ups. This study aims to contribute to the development of innovative start-ups in Chinese university students by analyzing the influencing factors of innovative start-ups for college students and presenting solutions.

Venture Capital Investments and the IPO performance of Chinese Firms

  • Piao, Meina;Park, Saeyeul;Shin, Hyun-Han
    • Asia-Pacific Journal of Business
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    • v.13 no.2
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    • pp.1-22
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    • 2022
  • Purpose - The purpose of this study is to examine the effect of VC investment on the IPO and post-IPO performance of Chinese firms. Design/methodology/approach - By utilizing CSMAR and VentureXpert database, we construct a firm-year panel data covering all listed firms in the Chinese stock market from 2006 to 2018. Findings - First, we find that VC-backed firms are significantly less underpriced than non-VC-backed firms. Our results show that the initial IPO-day return of VC-backed firms is 0.16% lower than that of non-VC-backed firms. Next, we find that VC-backed firms demonstrate significantly worse operating performance than non-VC-backed firms after the IPO. In the next three years following the IPO, VC-backed firms underperform non-VC-backed firms by 0.4% in terms of ROA and by 0.6% in terms of ROE. Research implications or Originality - Our results support the Grandstanding Hypothesis, among several competing hypotheses regarding the effect of VC investment, which suggests that VCs window dress their IPO firms for their early exit at the expense of a poor operating performance of the IPO firms after going public.

RECENT RESEARCH AND DEVELOPING TREND OF ENGINEERING MANAGEMENT IN CHINA BASED ON TEXT MINING

  • Shaohua Jiang;Wenling Zhang;Zhaohong Qiu;Shaojun Wang
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.814-820
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    • 2009
  • With the rapid development of China economy, many engineering projects with large scale and investment were constructed in China and some were the biggest ones in the world. With the development of engineering practice, great progress in the research of engineering management of China was made and a large number of research findings were embodied in content of research papers and were represented by technical words. To know the state of arts in the research field of engineering management in China, three major parts, namely title, abstract and keywords of research papers in last five years from three representative Chinese journals about engineering management were chose as research materials. Unlike western languages, there are no delimiters between the words of Chinese, so the maximum matching and frequency statistics (MMFS) method, a text segmentation technique of text mining Chinese, was presented to extract the features consisting of technical words, phrases and words from the research materials. Recent research and developing trend of engineering management in China were found by comparing and analyzing the difference of technical words in the research materials of last five years.

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A Study on the Food Culture of Chinese Poetry in the Latterly Chosun Dynasty - Focused on Korean Customs Poetry - (조선후기 한시(漢詩)에 나타난 음식문화 특성 - 기속시(紀俗詩)를 중심으로 -)

  • Kim, Mi-Hye;Chung, Hae-Kyung
    • Journal of the Korean Society of Food Culture
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    • v.22 no.5
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    • pp.528-543
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    • 2007
  • This study is on the characteristics of the food culture through the written folk poetries which were described vividly the life customs peculiar to the Nation and so much that were Korean National customs papers written by Chinese poetry - during the latter part of the Choson period. It is used the way which is studied by the literature after collection, analysis, synthesis the analyzed second material of the latter part of the Choson period's written folk poetries. It is summarized to below five contents of the characteristics of the food culture through the written folk poetries. The first is the various and abundant food culture. The second, that is the food culture of praying blessing and praying a fruitful. The people prayed to be a year of abundance of food stuff and train oneself and have medicine for their health, but there has been repeated seasonably an occult action for being blessing which had settled down to the beginning of the year's customs. The third, it is the food culture of share tender feeling with among the people. The fourth, it is the food culture of business and economy's growth image. The fifth, it is the food culture of an image of economic distress and the trouble between rich and poor.

Digital Orientation for Emerging Multinationals and the Location Strategies in Internationalization: The Chinese Experience

  • Xinyue Zhang;Bo Kyung Kim;Jooyoung Kwak
    • Asia-Pacific Journal of Business
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    • v.14 no.3
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    • pp.1-16
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    • 2023
  • Purpose Despite the ongoing digital transformation, it is not clear whether emerging market firms follow their manufacturing FDI path in the emerging digital industries. This paper examines how digital orientation affects the location strategies in internationalization and how the existing innovation capacities moderate the link between digital orientation and the location strategies. Design/methodology/approach This study chooses the Chinese setting for research design because digital transformation is already prevalent in the society and the cases of outward expansion are salient among the emerging markets. It uses the panel dataset of 976 Chinese listed firms that consists of 6,648 observations spanning from 2007 to 2017. Ordinary least square regression is used for the statistical approach with a one-year lag in the model. Findings Digital orientation increases a likelihood of emerging multinationals' entries in developed countries, and a high level of innovative capacities strengthens the link. Two groups seem to prefer entries in developed countries: firms with a high level of digital orientation with a high level of innovative capacities and firms with a low level of digital orientation, if with a low level of innovative capacities. The former reflects the context of digital transformation and the latter hints at the tax avoidance or interests in real estate. Research implications or originality While emerging multinationals are known to prefer entries in developing countries for capacity arbitrage, our results forecast that their FDI strategies may have a drastic change as digital transformation deepens.

The Effect of Psychological Control Felt by Overseas Medical Tourists on Service Satisfaction and Word of Mouth Communication (해외 의료관광객이 느끼는 통제력이 서비스 만족 및 구전의도에 미치는 영향)

  • Chengcheng Ma;Jungki Lee
    • Asia-Pacific Journal of Business
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    • v.14 no.3
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    • pp.25-44
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    • 2023
  • Receiving medical services abroad is an event that involves a high level of risk and stress for most people. This study proposes and empirically examines perceived control as a factor that has a potential to reduce the stress associated with overseas medical experience and enhance satisfaction with it. Based on the research findings in environmental psychology, one's perceived control was divided into cognitive control, behavior control, and decision control. A research model and a set of hypotheses were constructed to investigate the effect of each control on satisfaction and word-of-mouth communications among consumers who had overseas medical service experiences. The data collection was conducted through an online survey of 220 Chinese consumers who had visited Korea as plastic medicine tourists. Satisfaction with their service experience was significantly affected by both behavioral control and decisional control, but not by cognitive control. Thus, Chinese medical tourists prefer to maintain the belief that they are in charge of major decisions associated with the medical procedure, and that the results of the medical procedure will have personally desirable consequences. In addition, satisfaction experienced by Chinese consumers with overseas medical services had a significant impact on their word-of-mouth activities. Based on the research results, a set of academic and practical implications were derived.

On method calculation design flood elevation of esturial city

  • Wang Chao;Chao, Wang-Dong
    • Proceedings of the Korean Society of Coastal and Ocean Engineers Conference
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    • 1996.10a
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    • pp.42-44
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    • 1996
  • Recently due to repeatedly occurrence of flood, a lot of Chinese cities accept new design criteria for their protective project Most of them calculated by a certain type of probability distribution. In order to meet the demand of development economy the return period of design criteria is changed more longer and longer even 1000years, but the data which the calculation dependent on is only about 30-40 years. (omitted)

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A Study on Mobile Telephone Design and Application with Chinese Cultural Characteristics

  • Wei, Sun
    • Proceedings of the Korea Contents Association Conference
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    • 2010.05a
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    • pp.478-482
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    • 2010
  • Considering the globalization and the development of regional culture, culture and design become more and more closely connected. It is obvious that every country, based on politics, economy, society, industry, has a different understanding to the design. With the popularity of mobile phone, it has been in close contact with our lives. Mobile phone is changing our way of life, it also has become a culture, and is reflected in a period in different countries and different ethnic's cultural traditions and lifestyle. In this paper, the study is about the impact of culture on mobile telephone design and application, especially for appearance and input for mobile telephone.

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