- Huang Qunhui;Li Fangfang;
The concepts of modernization and industrialization have different connotations that are specific to their historical backgrounds, and their theoretical innovation and development may benefit from China's experiences. Industrialization is the cornerstone of modernization, and holds the key to its success. China's experiences in blazing a new trail of industrialization are challenging the traditional Western theory of industrialization and deepening the connotations of Chinese modernization. New industrialization is a key entry point for steering China's modernization drive and theoretical innovations. This paper offers an overview of the theory of Chinese modernization and its evolving trend along China's socialist industrialization path, as well as the rationale and pathway for new industrialization in the context of Chinese modernization. As our findings suggest, the new industrialization concept has taken hold in every key aspect of Chinese modernization. When combined with the theory of Chinese modernization, the theoretical implications of new industrialization play a crucial role in propelling Chinese modernization forward along a new journey in the new era.
2024年04期 v.19 2-14页 [查看摘要][在线阅读][下载 3802K] - Guo Chaoxian;Hui Wei;
Advances in digital technology and vast data applications have resulted in the emergence of the digital economy paradigm, which is a new techno-economic paradigm for the digital economy age. Under this paradigm, the industrial organization has shifted toward networked, platform-based, boundaryless, and integrated development with new characteristics. Specifically, there has been a fierce “positional arms race” fueled by financial capital, accelerating the growth of platform companies. The “hierarchical monopolistic competition” market structure has taken shape, resulting in a “coexistence without disruption” monopolistic competition. As platform businesses expand into new business sectors, competition among industrial ecosystems intensifies. Data and algorithms have become secret weapons for corporate success, allowing platform companies to expand their monopolistic forces. Industrial organization in the digital era has revolutionized the operating rules and logic of industrial economy, giving rise to new industries, business models, and paradigms, as well as being conducive to international cooperation and intelligent regulation. Meanwhile, it has introduced new challenges to socioeconomic development, making platform companies' anti-competitive and monopolistic behaviors more implicit, privacy and security concerns more conspicuous, and antitrust identification and investigation more difficult. The government should embrace the evolving trends of industrial organization in the digital economy era, accelerate regulatory transition, and strengthen governance and regulation under the digital economy paradigm.
2024年04期 v.19 15-36页 [查看摘要][在线阅读][下载 3802K] - Huang Yanghua;Zhang Jiajia;Cai Yuhan;Zhang Jinshuo;
Using the CHDES database, we created the CIDI to comprehensively quantify digital adoption at the individual level and examine digitalization's impact on individual income. Empirical analysis results indicate that increasing the CIDI by one standard deviation(0.13) improves individual income by 5.93 percentage points, which remains true after a series of endogeneity and robustness tests. In the heterogeneity analysis, we discovered that when digital adoption grows, residents in the countryside and county seats can earn more money through internet business operations and other channels. This helps to decrease the urban-rural income divide, but it has also pushed those digitally skilled into high-paying sectors, widening the income gaps between sectors. In the mechanism analysis, we developed an income function that takes into account the individual level of digitalization to show that digitalization can boost income by increasing working hours or labor participation and adjusting the portfolio of individual material, human, and social capital. In this paper, we have expanded the system for measuring the individual levels of digitalization by offering basic data, research methodology, and policy suggestions for the digital economy's inclusive development.
2024年04期 v.19 37-56页 [查看摘要][在线阅读][下载 3802K] - Chao Gang;Qian Chen;Wang Lei;
China has made significant strides in economic and social development since reform and opening up over the past four decades. This process has been influenced by the exceptional innovation and entrepreneurship of Chinese business leaders, as well as their profound sentiments of compassion for the world and their country. It is of great significance to foster and promote an entrepreneurial spirit with distinctive Chinese characteristics. Not only is such spirit essential to the high-quality development of enterprises and the economy,but it is also a critical impetus for achieving Chinese modernization. Nevertheless, there is still a paucity of adequate theoretical discourse on the cultural origins and entrepreneurial spirit of outstanding Chinese business leaders. This paper employs the classical grounded theory method to conduct a 10-year follow-up research on 11 representative entrepreneurs and their enterprises. The results indicate that these entrepreneurs exhibit an evolving worldview along the paths of “self-cultivation and moral conduct”, “assisting employees to achieve”, “multilateral symbiosis”, and “the oneness of existence” when interacting with themselves, employees, partners, the general public, and all things in nature. Such entrepreneurial spirit is embodied in this paper as the “Tianxia(all-under-heaven)worldview”. Through theoretical construction, this study defines the concept of “Tianxia worldview” and extensively examines the distinctions and connections between the broadminded “Tianxia worldview” and the kinship-centered “differential mode of association”in terms of internal structure, value orientation, and applicable groups. It is posited that the transition from the former to the latter is a continuous process of transcendence and evolution of the individual mindset. This study has theoretical significance in the context of advancing the research on the Chinese entrepreneurial spirit, transcending the constraints of the management approach based on the “differential mode of association”, and enhancing the research on social responsibility from the perspective of “benefit corporations”. It also has practical value in overcoming the trust dilemma and development impediment of family businesses, ensuring that enterprises consciously fulfill their social responsibilities in a broader social context, and achieving common prosperity and progress for both enterprises and society.
2024年04期 v.19 58-88页 [查看摘要][在线阅读][下载 3802K] - Tang Yugang;Zhang Hehe;
Paired assistance is an important means for developed regions to help lessdeveloped regions achieve common prosperity. Despite its advantages, governmentmandated paired assistance tends to be less effective due to the lack of economic incentives for assisting localities. Therefore, local governments in China have explored an incentivecompatible paired assistance model. Based on the paired assistance between cities in the Pearl River Delta(PRD) region and the eastern, western and northern parts of Guangdong Province, this study designed a natural experiment for the network relationship of paired assistance. Empirical results based on industrial and commercial registration data and land transfer data indicate that paired assistance has enhanced bilateral investment linkages,and that the inter-regional benefit sharing mechanism has incentivized assisting localities to provide paired assistance. Our heterogeneity analysis reveals that a shorter distance between assisting and beneficiary localities may lead to better results of paired assistance.This study contributes to the understanding of incentive mechanisms for local government cooperation and offers insights for balancing regional development and achieving common prosperity.
2024年04期 v.19 89-106页 [查看摘要][在线阅读][下载 3802K] - Zhang Cheng;Weng Xiyan;
In the context of China's ongoing efforts to promote countryside revitalization and facilitate domestic economic circulation, it is of great significance to reduce the consumption disparity among rural households and unleash the consumption potential in the countryside. Based on data from China Family Panel Studies, this paper adopts a staggered difference-in-differences method to assess the impact of the e-commerce to enter rural areas on the consumption disparity among rural households. Findings:the comprehensive demonstration work of promoting e-commerce to enter rural areas has reduced the consumption disparity among rural households through the following mechanisms. Firstly, this policy initiative has mitigated the consumption-inhibiting effect on rural household consumption due to the local market size and external market accessibility by promoting the distribution of consumer goods to villages. Secondly, this policy initiative has also increased the agricultural income of rural households and reduced their consumption disparity by distributing farm produce to cities and enhancing the agricultural income of rural households. Moreover, the work is characterized by inclusive growth and is not susceptible to the “elite capture” phenomenon.
2024年04期 v.19 107-128页 [查看摘要][在线阅读][下载 3802K] 下载本期数据