Analysis of China’s Economy in the 21st Century

China, being the country with the largest population, inevitably influences the processes taking place in the world economy. In terms of GDP, the Chinese economy has been the first economy in the world over the past several years, being among the most important economic indicators such as GDP, industrial production, and export of goods in leading positions. Under the influence of the pandemic crisis, a deep recession occurred in industrially developed countries, where the reproduction system is based on the “TNC economy”, with the exception of China, which managed to transfer the economy into a state of reproductive expansion, while maintaining the positive dynamics of the country’s economic development on an annualized basis. The aim of the paper was to analyze data that gives an idea of the potential of the Chinese economy. The main indicators characterizing the development and dynamics of the Chinese economy are considered. Materials and methods. In the course of the work, a dynamic, structural analysis of analytical and statistical information was used; methods of analytical, logical, system analysis were used. Results. The paper examines certain macroeconomic indicators that characterize the state and development of the Chinese economy, taking into account the achievements in the context of the global economic crisis caused by the COVID-19 pandemic. The GDP of China was analyzed, calculated in national currency or PPP. Conclusion. The country was faced with a difficult international situation, difficult tasks in search of reform, development and stability within the country and, in particular, with the heavy blows of the COVID-19 epidemic. Steps taken to stabilize employment, financial transactions, foreign trade, foreign investment, domestic investment and market expectations, as well as ensuring fully guaranteed employment, basic living needs, functioning of market actors, food and energy security, stability of production and supply chains, helped to restore the economy making China the only major economy with positive economic growth in the world in 2020.

The Comprehensive Effects of Sales Force Management: A Dynamic Structural Analysis of Selection, Compensation, and Training

This study provides a comprehensive model of an agent’s behavior in response to multiple sales management instruments, including compensation, recruiting/termination, and training. The model takes into account many of the key elements that constitute a realistic sales force setting: allocation of effort, forward-looking behavior, present bias, training effectiveness, and employee selection and attrition. By understanding how these elements jointly affect agents’ behavior, the study provides guidance on the optimal design of sales management policies. A field validation, by comparing counterfactual and actual outcomes under a new policy, attests to the accuracy of the model. The results demonstrate a tradeoff between adjusting fixed and variable pay; how sales training serves as an alternative to compensation; a potential drawback of hiring high-performing, experienced salespeople; and how utilizing a leave package leads to sales force restructuring. In addition, the study offers a key methodological contribution by providing formal identification conditions for hyperbolic time preference. The key to identification is that under a multiperiod nonlinear incentive system, an agent’s proximity to a goal affects only future payoffs in nonpecuniary benefit periods, providing exclusion restrictions on the current payoff. This paper was accepted by Matthew Shum, marketing.

Recent advancements in flapping mechanism and wing design of micro aerial vehicles

Recent studies on understanding of natural flyers have encouraged researchers in development of micro aerial vehicles mimicking birds and insects such as hummingbirds, dragonflies, bats and many more. The vehicles find their applications in reconnaissance and situational awareness in combat field, search and rescue operations, biological and nuclear compromised sites and broadcasting and sports. The focus of this review is to assess recent progress in sub systems of these vehicles including drive mechanisms, actuation mechanisms and wing designs that define the aerodynamics, propulsion, stability, and control of the vehicles. Limited research has been carried out on drive mechanisms capable of producing figure-of-eight wingtip motion contrary to conventional four and five-bar linkage mechanisms along with modified planar and spherical attachments. Motor and piezoelectric actuation mechanisms are being used extensively in these vehicles due to lightweight and power efficiency as compared to non-conventional power sources. Wing shape and rigidity plays a key role in determining the required lift and thrust along with frequency limitations and material constraints. A relatively new field of structural and kinematic optimization for the development of a lightweight flapping vehicle with high endurance capability is also a part of this review. This review has pointed out the research gaps including 3-DoF piezoelectric kinematics, under-actuated mechanisms, structural contact analysis, limited static and dynamic structural analysis, limited fatigue analysis and development of optimization techniques.

Investigation on Design and Analysis of Passenger Car Body Crash-Worthiness in Frontal Impact Using Radioss

Increasing advancement in automotive technologies ensures that many more lightweight metals become added to the automotive components for the purpose of light weighting and passenger safety. The accidents are unexpected incidents most drivers cannot be avoided that trouble situation. Crash studies are among the most essential methods for enhancing automobile safety features. Crash simulations are attempting to replicate the circumstances of the initial crash. Frontal crashes are responsible for occupant injuries and fatalities 42% of accidents occur on frontal crash. This paper aims at studying the frontal collision of a passenger car frame for frontal crashes based on numerical simulation of a 35 MPH. The structure has been designed to replicate a frontal collision into some kind of inflexible shield at a speed of 15.6 m/s (56 km/h). The vehicle’s exterior body is designed by CATIA V5 R20 along with two material properties to our design. The existing Aluminum alloy 6061 series is compared with carbon fiber IM8 material. The simulation is being carried out by us in the “Radioss” available in “Hyper mesh 17.0” software. The energy conservation and momentum energy absorption are carried out from this dynamic structural analysis.

DYNAMIC STRUCTURAL ANALYSIS OF A PAIR OF MESHED SPUR GEARS

Spur gears are the most well-known kind of gears used in hybrid vehicle’s power transmission. They have straight teeth, and are mounted on parallel shafts. In some cases, many spur gears are utilized without a moment's delay to make huge rigging decreases. In this paper how stress creates on a spur equip under various conditions and conditions and reenactments of a rigging system (two spur gears) is assessed by Ansys workbench. For this static structural and dynamic analysis modeling is utilized. A couple of spurs equip tooth in real life is by and large subjected to two sorts of cyclic stress: contact stress and twisting stress including bowing fatigue. The two stresses may not accomplish their greatest esteems at a similar purpose of contact fatigue. These sorts of failure can be limited by analysis of the issue amid the outline organize and making appropriate tooth surface profile with legitimate assembling strategies.

Dynamic Response Analysis of Beam Mode Vibration of Piping System due to Turbulent Flow Around Bend

Prevention of piping vibrations during design stage has attracted attention recent years. Though the piping vibration occurs due to various mechanisms, the vibration due to fluid turbulence is one of a major topic discussed. The pressure fluctuation due to fluid turbulence occurs around flow discontinuities such as branches, elbows, flow expansions and valves, and the fluctuation can cause the piping vibration and both shell mode and beam mode vibration can occur. Guideline published by Energy Institute UK[1] (EI-AVIFF) shows a method to check the possibility of piping vibration due to flow induced turbulence and it gives some information on recommended piping span. The method is quite useful for screening purpose to select the piping system with potential vibration risks. However, it is known that the guideline is based on very conservative assumptions, as 90-degree miter bend, and it results in overdesign of piping systems, so more detailed vibration assessment approach succeeding the screening is demanded. In this paper, the method of detailed beam-mode piping vibration assessment using finite element dynamic structural analysis and Large Eddy Simulation (LES) based CFD are discussed. As an example, LES based CFD analyses were conducted on 90 degrees single miter bend, long and short elbow. The resultant pressure fluctuations are compared to past published report and good agreement was confirmed. The CFD results were reorganized and piping dynamic analysis were conducted. Based on these analysis results, the detailed piping vibration risk assessment method using CFD and dynamic structural analysis are proposed.