China's financial services market in the post-pandemic period 2020–2021: Trends and development prospects

2021 ◽  
Vol 27 (11) ◽  
pp. 2575-2605
Author(s):  
Husan S. UMAROV
Keyword(s):  
Financial Services ◽  
Global Economy ◽  
High Efficiency ◽  
Point Of View ◽  
Rating Agencies ◽  
Advantages And Disadvantages ◽  
Efficiency And Effectiveness ◽  
Reported Data ◽  
Financial Balance ◽  
Foreign Competitors

Subject. The article addresses the development of the financial services market of China in the context of overcoming the consequences of the COVID-19 pandemic in 2020–2021. Objectives. The focus is on the specific features, advantages and disadvantages of the complex of modern financial services in China; substantiating the reasons for the high efficiency of China's exit from the post-pandemic crisis in comparison with the leading economies of the world; forecasting the potential threats to the Chinese financial services market due to the active spread of a new strain of coronavirus in May?June 2021. Methods. The study employs the systems and comparative analysis, using the tabular, graphic and illustrative materials, and current statistical and reported data of international organizations, audit companies, consulting structures and rating agencies in major scientific Russian and foreign publications. Results. The paper underpins the difficulties of implementing a number of specific features of the financial services market in China from theoretical and practical point of view, presents a prognostic scenario of the Chinese financial services market development in the post-pandemic period. Conclusions. I conclude on high efficiency and effectiveness of support measures taken by the Chinese leadership to preserve the financial balance and facilitate the restoring of China's financial services in the post-pandemic period, prove the optimistic scenario for the development of China's financial services against the background of economic stagnation and a noticeable weakening of foreign competitors, describe potential threats and weaknesses in unstable global economy.

scholarly journals Measurement of the return on investment in education and in-house training

2017 ◽  
Vol 5 (325) ◽  
Author(s):  
Józef Dziechciarz
Keyword(s):  
Personal Development ◽  
Business Performance ◽  
High Efficiency ◽  
Education And Training ◽  
Point Of View ◽  
Traditional System ◽  
Level Of Satisfaction ◽  
Efficiency And Effectiveness ◽  
The Impact ◽  
And Training

The level of awareness and acceptance of the need to enhance volume and intensity of investment in education and in-house training is increasing. This phenomenon stems from the following facts: the aging of the European societies; an intense technological and organizational progress; and a noticeable process of extension of the scope and length of professional and personal development and activity; accompanied with employees' expectations for better quality of life. The increase in the level of acceptance of the need for increased investment in education and training of employees is accompanied by new challenges, including, in the first place, the need to redefine the approach to investment in training and to the evaluation of its results. The „High-Efficiency‟ point of view, alongside the assessment of the advisability of investment in education and training within a company, raises the need to move away from the traditional system of input oriented financing (i.e. financing resources) and to move towards output oriented funding (i.e. financing results). In other words, instead of paying for teaching, companies want to pay for teaching results. This means that the companies which finance education and training, rise - in the process of assessing the training results – fundamental questions about the improvement of the efficiency of the company; and how an increase in the qualifications of workers facilitates the achievement of organizational objectives. On the other hand, the training results assessment from the participant‟s point of view includes a question about the efficiency of the supplier of educational and training programs, and whether the supplier is able to achieve the promised results. The existing business reality is that the efficiency and effectiveness assessments often do not go beyond the survey measuring the level of satisfaction and self-esteem of the participants. This, in turn, causes a visible quantitative pressures, accompanied by insufficient care for quality and inability to use modern techniques to measure the impact of education and training on business performance. As a result, many entrepreneurs treat the investment in training and education of their employees solely as an expense and a disruption of operations. This is due to the fact that managers do not see a direct effect of the investments on the performance of the company. In addition, managers fear possible hazards in the form of expense claims; loss of trained personel to competitors‟ companies, or excessive self-empowerment of the employee. The study is devoted to presentation and discussion of modern techniques measuring the effectiveness of investment in education and training. The list of methods includes an analysis based on objectives, the targeted evaluation, systemic evaluation, judicial evaluation, and assessment prior to the program.

scholarly journals NEW WELL RESEARCH TECHNOLOGY IS THE KEY TO THE INTEGRATED DEVELOPMENT OF OIL AND GAS FIELDS

2021 ◽  
pp. 61-70
Author(s):  
Bogdan LELYK ◽  
Valerii STELMAKH
Keyword(s):  
Oil And Gas ◽  
High Efficiency ◽  
Point Of View ◽  
Gas Field ◽  
Technology Application ◽  
Formation Evaluation ◽  
Advantages And Disadvantages ◽  
Research Technology ◽  
Fluid Saturation ◽  
Effective Technology

 A detailed analysis of the available nuclear methods for well logging was carried out to select an effective technology from the point of view of obtaining true petrophysical data characterizing the formation matrix and fluid saturation at a specific point of time. The goal of these process is research currently available nuclear technologies designed for the Oil and Gas field formation evaluation and to review results of the implementation of QUAD NeutronTM (product of Roke Technologies Ltd (Canada)) in old wells in Ukraine.  Reviewed are pulsed neutron technologies available from leading International Logging Companies, which are widely used in Ukraine, including the QUAD NeutronTM, to determine primary petrophysical properties and the reservoir saturation characteristics. Certain criteria have been established that signifi cantly impacted quality of the data analysis during interpretation. These included the number of casing strings installed, absence of Open Hole data as input, drill bit size, presence or absence of cement in the annulus and several others. The advantages and disadvantages of each of the systems are shown and effective examples of application with recommendations and test results are provided in this paper.  Since 2009 QUAD NeutronTM was successfully utilized in more than 3000 wells worldwide. The geography of technology application covers such countries as Canada, USA, Russia, Azerbaijan, Malaysia, Colombia, Venezuela, Peru, China, Nigeria, Mexico, Georgia, Thailand, Kazakhstan, and Saudi Arabia. The following list of IOC, NOC and other international E&P companies contains only some of the users of the data provided by QUAD NeutronTM: Shell, Lukoil, Petronas, Repsol, Cenovus, Talisman, Murphy, Rosne] .  «GEO-DELTA-KB» LLC has exclusive rights to QUAD NeutronTM technology on the territory of Ukraine since 2018. Equipment has been used to provide valuable formation evaluation data to such clients as Ukrgasvydobuvannya, Ukrna] a and other domestic companies in the Western and Eastern regions. Data gave been acquired in dozens of old Oil and Gas wells. The obtained results demonstrate the high efficiency of the technology application, especially when making decisions for the reactivation of old wells.  Conducted analysis of existing nuclear logging methods allowed selection of the most effective technology as compared under similar conditions. The data obtained as a result of interpretation, together with an understanding of the processes occurring in the wells, contributed to providing reliable information for making informed decisions. The most eff ective application of the QUAD NeutronTM technology in Ukraine appears to be for the reevaluation of old wells with complex design (up to 4 strings of casing) to identify missing pay zones, assess the potential of existing reservoirs, determine the presence or absence of cement in the annulus, waterfl ooding zones, etc. The technology can also be successfully used for evaluating active wells and in openhole wellbores. 

PERDAGANGAN ETHEREUM DI INDODAX EXCHANGE DALAM PERSFEKTIF SYARIAH

2020 ◽  
Vol 3 (2) ◽  
Author(s):  
Muhamad Khoirul Umam
Keyword(s):  
Money Laundering ◽  
Financial Services ◽  
Islamic Law ◽  
Indonesian Government ◽  
Advantages And Disadvantages ◽  
Digital Asset ◽  
Research Questions ◽  
Financial Transactions

In view of Islamic law Ethereum as a digital asset that is traded in cyberspace.The value of cryptocurrency surges and fluctuates, it is influenced by buying and selling demand. Indodax exchange is an official digital asset site in Indonesia that trades more than 40 digital currencies.The purpose of this study is to analyze whether cryptocurrency is worthy of value as money having a certain value, and also seen from the Indonesian government through Bank Indonesia has issued regulation No. 16/8/PBI/2014, which explicitly prohibits the use of bitcoin, Ethereum and altcoin for use in financial transactions in cash. So that raises research questions how the cryptocurrency law in the form of coin ethereum in Islamic law. The results of this study explain ethereum has advantages and disadvantages. Among its advantages is that users can use exchanges or transactions without a third service (bank), and can be traded at merchandise stores.However, ethereum losses are more frequent, such as fluctuating values each time, not listed as commodities, not watched by the Financial Services Authority (OJK), they present elements of gharar (uncertainty) and maysir (gambling) or (betting), which are used for money laundering and purchase of illegal drugs.Keywords: Cryptocurrency, Ethereum, Digital asset

Trends in Diagnosis for Active Tuberculosis Using Nanomaterials

2019 ◽  
Vol 26 (11) ◽  
pp. 1946-1959 ◽  
Author(s):  
Le Minh Tu Phan ◽  
Lemma Teshome Tufa ◽  
Hwa-Jung Kim ◽  
Jaebeom Lee ◽  
Tae Jung Park
Keyword(s):  
Sensitivity And Specificity ◽  
High Efficiency ◽  
Point Of Care ◽  
High Sensitivity ◽  
Signs And Symptoms ◽  
Diagnostic Methods ◽  
Advantages And Disadvantages ◽  
Treatment And Prevention ◽  
Clinical Tools ◽  
Diagnostic Applications

Background:Tuberculosis (TB), one of the leading causes of death worldwide, is difficult to diagnose based only on signs and symptoms. Methods for TB detection are continuously being researched to design novel effective clinical tools for the diagnosis of TB.Objective:This article reviews the methods to diagnose TB at the latent and active stages and to recognize prospective TB diagnostic methods based on nanomaterials.Methods:The current methods for TB diagnosis were reviewed by evaluating their advantages and disadvantages. Furthermore, the trends in TB detection using nanomaterials were discussed regarding their performance capacity for clinical diagnostic applications.Results:Current methods such as microscopy, culture, and tuberculin skin test are still being employed to diagnose TB, however, a highly sensitive point of care tool without false results is still needed. The utilization of nanomaterials to detect the specific TB biomarkers with high sensitivity and specificity can provide a possible strategy to rapidly diagnose TB. Although it is challenging for nanodiagnostic platforms to be assessed in clinical trials, active TB diagnosis using nanomaterials is highly expected to achieve clinical significance for regular application. In addition, aspects and future directions in developing the high-efficiency tools to diagnose active TB using advanced nanomaterials are expounded.Conclusion:This review suggests that nanomaterials have high potential as rapid, costeffective tools to enhance the diagnostic sensitivity and specificity for the accurate diagnosis, treatment, and prevention of TB. Hence, portable nanobiosensors can be alternative effective tests to be exploited globally after clinical trial execution.

Design process for serious activities inspired by play and games: a problem solving with a board game from disengamement and gamification processes (Preprint)

2020 ◽  
Author(s):  
Stéphane Goria ◽  
Louise Dupet ◽  
Maëva Négroni ◽  
Gabriel Sega ◽  
Philippe Arnoux ◽  
...  
Keyword(s):  
Cancer Detection ◽  
Serious Games ◽  
Diagnostic Method ◽  
Scientific Literature ◽  
Imaging Techniques ◽  
Point Of View ◽  
Board Game ◽  
Advantages And Disadvantages ◽  
Design Result

BACKGROUND most serious games and other game-based tools are designed as digital games or escape games. They are designed for learning or sometimes in the field of medicine as an aid to care. However, they can also be seen as an aid to research, in our case, to evaluate the advantages and disadvantages of imaging techniques for cancer detection. OBJECTIVE we present a case study of action research on the design of a serious board game intended to consider the advantages and weaknesses of a diagnostic method in a different ways. The goal was to better understand the principles of designing a tool using game or play. METHODS we explicitly implemented another process than gamification to develop a structure reminiscent of the game to highlight the strengths and weaknesses of different imaging techniques from the point of view of the respondents (in this case specialists not directly involved in the project). Based on this feedback and the scientific literature on this subject, we detail the main categories of games and games developed for serious use in order to understand their differences. Concerning the cancer research part to which game contributes, our method is based on questions asked to experts and practitioners of this specialty. RESULTS an expert point of view translation tool in the form of a game has been realized to apprehend a research in a different way. CONCLUSIONS we show with the help of a diagram, some possible design paths leading to this type of design result including two hidden dimensions to consider (the awareness of the game or play by the "player" and his role as a contributor or recipient).

Logistics management in China: A case study of Haier

2004 ◽  
Vol 23 (1) ◽  
pp. 15-27
Author(s):  
Jason C.H. Chen ◽  
Binshan Lin ◽  
Lingli Li ◽  
Patty S. Chen
Keyword(s):  
Communication Networks ◽  
Global Economy ◽  
Collaborative Advantage ◽  
Logistics Systems ◽  
Business Partners ◽  
Business Operations ◽  
Global Brand ◽  
The Many ◽  
Foreign Competitors

Chinese businesses began with a weak foundation in the intense world trade environment, similar to the many other companies that grew from developing countries. How were these Chinese businesses able to compete with foreign competitors armed with strong capital structures and efficient communication networks? Haier is an excellent example of how Chinese companies have successfully adapted to and prospered in the global economy, using information technology as a strategic weapon to improve its competitive advantage and further to create collaborative advantage. Haier's growth is miraculous: in less than two decades, it grew from a state-owned refrigerator factory into an innovative international giant. The company has become China's first global brand and the fifth largest appliance seller in the world. What are the secrets of Haier's success? Many researchers have conducted extensive studies on Haier's management and found the key is Management Information Systems such as e-Commerce and logistics systems that improve business operations between its suppliers, customers, and business partners. This article recounts the journey of Haier's achievements to excellence through its MIS, and provides analyses of the company's business model, the market chain management model.

scholarly journals Characterization and Evaluation of Salvia hispanica L. and Salvia columbariae Benth. Varieties for Their Cultivation in Southwestern Germany

Agronomy ◽  
2020 ◽  
Vol 10 (12) ◽  
pp. 2012
Author(s):  
Samantha Jo Grimes ◽  
Filippo Capezzone ◽  
Peteh Mehdi Nkebiwe ◽  
Simone Graeff-Hönninger
Keyword(s):  
Seed Mass ◽  
Point Of View ◽  
Raw Material ◽  
Salvia Hispanica ◽  
Environmentally Sustainable ◽  
Chia Seed ◽  
Increasing Demand ◽  
Salvia Hispanica L ◽  
Reported Data ◽  
Seed Yields

Rising consumer attraction towards superfoods and the steadily increasing demand for healthy, environmentally sustainable, and regionally produced food products has sharpened the demand for chia. Over the course of 4 years, two early flowering chia varieties belonging to Salvia hispanica L., and Salvia columbariae Benth. Species were identified to complete their phenological development and, therefore, able to reach maturity under a photoperiod >12 h, thus enabling the cultivation of chia in central Europe—more specifically, in southwestern Germany—consistently for the first time. Results obtained by the conducted field trial in 2018 showed that chia seed yields and thousand-seed mass ranged from 284.13 to 643.99 kg ha−1 and 0.92 to 1.36 g, respectively. Further, the statistical analyses showed that the protein content of the cultivated chia varieties ranged from 22.14 to 27.78%, the mucilage content varied from 10.35 to 20.66%, and the crude oil content amounted up to 28.00 and 31.73%. Fatty acid profiles were similar to previously reported data with α-Linolenic acid being the most prominent one, ranging from 60.40 to 65.87%, and we obtained ω6:ω3 ratios between 0.2 and 0.3. In conclusion, chia could represent a promising raw material from a nutritional point of view, while being able to diversify the local food basis of southwestern Germany.

scholarly journals Multifunctional Cantilevers as Working Elements in Solid-State Cooling Devices

Actuators ◽  
2021 ◽  
Vol 10 (3) ◽  
pp. 58
Author(s):  
Andraž Bradeško ◽  
Lovro Fulanović ◽  
Marko Vrabelj ◽  
Aleksander Matavž ◽  
Mojca Otoničar ◽  
...  
Keyword(s):  
Heat Transfer ◽  
Ethylene Glycol ◽  
Contact Resistance ◽  
High Efficiency ◽  
Thermal Contact ◽  
Point Of View ◽  
Practical Implementation ◽  
Cooling Devices ◽  
Cascade Structure ◽  
Lead Magnesium

Despite the challenges of practical implementation, electrocaloric (EC) cooling remains a promising technology because of its good scalability and high efficiency. Here, we investigate the feasibility of an EC cooling device that couples the EC and electromechanical (EM) responses of a highly functionally, efficient, lead magnesium niobate ceramic material. We fabricated multifunctional cantilevers from this material and characterized their electrical, EM and EC properties. Two active cantilevers were stacked in a cascade structure, forming a proof-of-concept device, which was then analyzed in detail. The cooling effect was lower than the EC effect of the material itself, mainly due to the poor solid-to-solid heat transfer. However, we show that the use of ethylene glycol in the thermal contact area can significantly reduce the contact resistance, thereby improving the heat transfer. Although this solution is most likely impractical from the design point of view, the results clearly show that in this and similar cooling devices, a non-destructive, surface-modification method, with the same effectiveness as that of ethylene glycol, will have to be developed to reduce the thermal contact resistance. We hope this study will motivate the further development of multifunctional cooling devices.

scholarly journals Patient’s point of view on the use of telemedicine in multiple sclerosis: a web-based survey

2021 ◽  
Author(s):  
Doriana Landi ◽  
Marta Ponzano ◽  
Carolina Gabri Nicoletti ◽  
Gaia Cola ◽  
Gianluca Cecchi ◽  
...  
Keyword(s):  
Multiple Sclerosis ◽  
Point Of View ◽  
Physical Parameters ◽  
Chronic Medical Conditions ◽  
Socioeconomic Conditions ◽  
Web Based ◽  
Healthcare Facilities ◽  
Advantages And Disadvantages ◽  
Disease Characteristics ◽  
Degree Of Disability

AbstractRestrictions in the access to healthcare facilities during COVID-19 pandemic have raised the need for remote monitoring of chronic medical conditions, including multiple sclerosis (MS). In order to enable the continuity of care in these circumstances, many telemedicine applications are currently tested. While physicians’ preferences are commonly investigated, data regarding the patients’ point of view are still lacking. We built a 37 items web-based survey exploring patients’ propensity, awareness, and opinions on telemedicine with the aim to evaluate the sustainability of this approach in MS. Analysing 613 questionnaires out of 1093 that were sent to persons with MS followed at the Multiple Sclerosis Center of Tor Vergata University, Rome, we found that more than half of respondents (54%) were open to having a televisit. Propensity toward telemedicine significantly depended on having a higher income (p = 0.037), living farther from the center (p = 0.038), using computer and tablet (p = 0.010) and using the Internet for other remote activities (p < 0.001), conversely it was not influenced by any specific disease characteristics (i.e. degree of disability). The main advantages and disadvantages of televisit reported by participants were respectively saving time (70%) and impossibility to measure physical parameters (71%). Although the majority of respondents are in favour of televisit, so far this approach is restricted to those displaying better socioeconomic conditions and higher familiarity with technology. Implications of the study are that telemedicine platforms should be better tailored to patients’ demands in order to spread the use of telemedicine, to enhance usability and to increase patients’ adherence.

scholarly journals Reinforcement of Recycled Aggregate by Microbial-Induced Mineralization and Deposition of Calcium Carbonate—Influencing Factors, Mechanism and Effect of Reinforcement

Crystals ◽  
2021 ◽  
Vol 11 (8) ◽  
pp. 887
Author(s):  
Chunhua Feng ◽  
Buwen Cui ◽  
Haidong Ge ◽  
Yihong Huang ◽  
Wenyan Zhang ◽  
...  
Keyword(s):  
Calcium Carbonate ◽  
Global Economy ◽  
Low Cost ◽  
High Water ◽  
Strengthening Mechanism ◽  
Recycled Aggregate ◽  
Strengthening Effect ◽  
Calcium Carbonate Precipitation ◽  
Environmental Friendliness ◽  
Advantages And Disadvantages

Recycled aggregate is aggregate prepared from construction waste. With the development of a global economy and people’s attention to sustainable development, recycled aggregate has shown advantages in replacing natural aggregate in the production of concrete due to its environmental friendliness, low energy consumption, and low cost. Recycled aggregate exhibits high water absorption and a multi-interface transition zone, which limits its application scope. Researchers have used various methods to improve the properties of recycled aggregate, such as microbially induced calcium carbonate precipitation (MICP) technology. In this paper, the results of recent studies on the reinforcement of recycled aggregate by MICP technology are synthesized, and the factors affecting the strengthening effect of recycled aggregate are reviewed. Moreover, the strengthening mechanism, advantages and disadvantages of MICP technology are summarized. After the modified treatment, the aggregate performance is significantly improved. Regardless of whether the aggregate was used in mortar or concrete, the mechanical properties of the specimens were clearly improved. However, there are some issues regarding the application of MICP technology, such as the use of an expensive culture medium, a long modification cycle, and untargeted mineralization deposition. These difficulties need to be overcome in the future for the industrialization of regenerated aggregate materials via MICP technology.

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