Proceedings of Business and Economic Studies

Research on the Integration Trend of Wealth Management and Asset Management: Challenges and Opportunities

Hanyun Zhao — 2026-07-27

This paper focuses on the integration trend of wealth management and asset management, delving into its development background and internal logic. It systematically explores the challenges and opportunities encountered during the integration process and proposes targeted strategies and development paths. Through literature review, case analysis, and industry data analysis, it reveals how factors such as customer demand upgrades, fintech development, and changes in the regulatory environment drive the integration of these two fields. The study finds that under the trend of integration, there are challenges such as blurred business boundaries, shortages of specialized talent, and increased difficulty in risk prevention. At the same time, it brings opportunities for market expansion, service model innovation, and enhanced efficiency through technological empowerment. The paper suggests that financial institutions need to grasp these opportunities and address the challenges by clarifying their business positioning, strengthening talent cultivation, improving risk control systems, and advancing digital transformation to achieve deep integration and high-quality development of wealth management and asset management.

AI Agent Economy: An Intelligent Restructuring Path for Corporate Profit Sharing: Take Cross-Border E-Commerce Supply Chain Optimization as an Example

Biao Wang — 2026-07-27

With the deep integration of artificial intelligence (AI) technology into cross-border e-commerce, the profit sharing mechanism of the traditional cross-border e-commerce supply chain is facing new opportunities for intelligent restructuring. This paper discusses the innovation path to optimize the profit distribution of enterprises under the background of AI agent economy, analyzes the mechanism evolution and implementation of AI-enabled supply chain, explains the benefits and challenges of intelligent distribution model in combination with practical cases such as SHEIN, and looks forward to the future impact of AI on the reshaping of cross-border e-commerce supply chain structure.

Application Analysis of Big Data in Customer Acquisition Scenario of Banking Business

Bin Li — 2026-07-27

Driven by Internet technology, users’ financial and consumption habits have changed dramatically. As the basis for banks’ survival, the previous customer acquisition model has been unable to adapt to the current consumption demand. How to use Big data technology to create new customer acquisition scenarios and provide personalized services for users is a problem that needs to be considered by major banks to achieve digital transformation. This paper analyzes the application in the customer acquisition scenario of banking business, hoping to provide a reference for the digital transformation of banks.

Research on Risk Identification and Control of Bidding for Construction of College Training Site Projects

Mengyue Li — 2026-07-27

The bidding process for the construction of teaching and training facilities in higher education institutions faces multiple risks, including insufficient market research, procurement demand deviations, inadequate professional evaluation, and supplier qualification fraud. These risks can lead to failed bids, project delays, or substandard delivery quality. This paper explores strategies for identifying and managing bidding risks in the construction of university training facilities, systematically analyzing the characteristics of the bidding process and the sources of risk. Using tools such as risk matrices and cause-effect diagrams, it identifies risk sources systematically, sets risk management goals, and designs control strategies, including legal norms, professional capability enhancement, and dynamic management mechanisms. This provides theoretical support and practical approaches for risk prevention and control in university bidding processes.

The Value and Practical Approaches of Green Finance in Promoting the Green Transformation of Agriculture

Yixuan Liu — 2026-07-27

With the rapid economic development, ecological environment and food safety have become problems that must be solved in the process of sustainable agricultural development in China. Achieving the green transformation of China’s agriculture has become an urgent task. Green finance targets the need for green investment and is the main driving force for promoting the green development of China’s economy. Its application in the process of the green transformation of agriculture has certain practical value. Based on this, this paper first expounds the value of green finance in promoting the green transformation of agriculture, secondly analyzes the mechanism of green finance in promoting the green transformation of agriculture, and finally proposes specific practical methods, with the expectation of providing a reference for the subsequent research in this field.

Research on Budget Management Problems and Countermeasures Based on A Public Hospital

Yuanyuan Wei — 2026-07-27

As a key component of the medical system, the budget management level of a public hospital is directly related to the quality of medical service and the efficiency of resource utilization. Under the background of the continuous deepening of the current medical reform policy, it is very important to strengthen the budget management of public hospitals. Taking A public hospital as an example, this paper makes an in-depth analysis of the problems existing in budget management, such as the lack of scientific budget preparation, inadequate implementation and supervision, disconnection from strategy and imperfect assessment mechanism, etc., and puts forward countermeasures to optimize the preparation method, strengthen the implementation and monitoring, promote the integration with strategy and improve the assessment mechanism, aiming at improving the budget management level of public hospitals. To promote their healthy and sustainable development.

The Impact of Loose Monetary Policies in China and the United States on enterprise investment

Changping Lu — 2026-07-27

In response to the economic impact brought about by the COVID-19 pandemic, the two major countries, China and the United States, have respectively adopted relatively loose monetary policies. This paper mainly adopts the differin-differences model to evaluate the impact of loose monetary policies on the changes in the investment levels of enterprises in the two countries under the background of economic shocks. By comparing the impact of the loose monetary policies of China and the United States on the investment level of enterprises, the research shows that due to the differences in national conditions and policies between China and the United States, the loose monetary policy of the United States mainly affects the capital expenditure of large enterprises. China's loose monetary policy has also significantly affected corporate investment, but its effects vary in terms of different enterprise scales, geographical locations and equity natures. Further analysis reveals that China's loose monetary policy has been more effective in promoting investment by small and medium-sized enterprises, enterprises in the eastern region and state-owned enterprises. China's loose monetary policy still needs to be further improved in the future to ensure the stable development of the national economy.

Development History, Challenges, and Future Prospects of Digital Currency

Yongyu Xu — 2026-07-27

In recent years, digital currency has experienced rapid growth and garnered widespread attention from various sectors. By reviewing its developmental trajectory—from early conceptualizations and theoretical foundations, to the emergence and rise of Bitcoin, the exploration and implementation of central bank digital currencies (CBDCs), and the proliferation of alternative cryptocurrencies—this paper outlines the key stages in the evolution of digital currency. It highlights current challenges such as privacy protection and regulatory issues, while projecting future advancements in technological innovation, regulatory frameworks, and expanded application scenarios.

Comprehensive Analysis of the Impact of the China-US Free Trade Agreement

Xinyu Liu — 2026-07-27

Sino-US trade is an important part of the current world economic and trade system with economic integration and diversified trade. While occupying more and more trade shares, it has also led to significant economic growth in both countries. Through the analysis of data trends in recent years, the just and smooth economic and trade cooperation between the two countries can promote the powerful operation of the entire world economy. Corresponding to this, frequent trade frictions between the two countries will make the powerful branches of the entire world economy lose vitality and enthusiasm. Therefore, being able to carry out stronger and deeper trade cooperation in the context of the ever-increasing cooperation in the world trade field is undoubtedly an important promotion for the development of China and the United States and the world's economic system.

Research on the Construction of Audit Risk Identification Model Based on Big Data Technology

Feiya Duan — 2026-07-27

With the improvement of enterprise business complexity and the surge in data scale, traditional audit risk identification methods are facing bottlenecks such as insufficient full-data processing and delayed risk response. This paper focuses on the construction of an audit risk identification model based on big data technology, combining the advantages of big data in full-volume analysis, real-time processing and intelligent mining, and clarifies the core logic and technical support for model construction. Firstly, it sorts out the core elements of audit risk identification and the adaptability of big data technology, then constructs a model framework from the data layer, technology layer and application layer, and focuses on expounding the design points of multi-source data integration mechanism, intelligent risk feature mining and dynamic risk assessment system. The research shows that the model can break through the limitations of traditional experience-driven methods, realize accurate identification, dynamic tracking and forward-looking early warning of audit risks through data-driven approach, and effectively improve the efficiency and accuracy of audit risk identification. The research of this paper provides a feasible model reference for the digital transformation in the audit field, and is of great significance for promoting the development of audit risk identification towards intelligence and systematization.

Analysis of the Implementation Path of State-owned Enterprises’ Foreign Trade Strategy under the New Situation

Yunlong Xie — 2026-07-27

This paper mainly explores the implementation path of state-owned enterprises’ foreign trade strategy under the new circumstances. By analyzing the current situation of state-owned enterprises’ foreign trade development, the core characteristics of state-owned enterprises’ foreign trade development, and the severe challenges in state-owned enterprises’ foreign trade development, combined with case studies and practical experiences, a diversified strategic implementation framework consisting of strategic positioning, market layout, industrial upgrading, business model innovation, and risk prevention and control is constructed. The research results show that state-owned enterprises need to balance national strategies and market-oriented operations. Starting from improving the global market system, enhancing the high-end position of the value chain, accelerating digitalization and green transformation, and establishing a full-process risk control system, they can effectively respond to external challenges, cultivate new advantages in international competition, and achieve high-quality development of foreign trade.

Teaching Reform of Financial Statement Analysis Course Based on 5E + Ideological and Political Education Model

Liqun Dong — 2026-07-27

In the digital and intelligent era, the development direction of new liberal arts has undergone a significant transformation, posing substantial challenges to traditional accounting course teaching models. As a core course in accounting majors, Financial Statement Analysis requires students not only to master fundamental financial analysis theories but also to cultivate sharp analytical skills and strong professional ethics. Traditional teaching methods struggle to genuinely inspire students' patriotic sentiments and professional ethics, whereas the "5E+Ideological and Political Education" model effectively integrates ideological elements across five key stages: attraction, exploration, explanation, transfer, and evaluation. This approach provides robust support for cultivating versatile, high-quality talents.

Analysis of Complementarity in Agricultural Trade between China and Central Asian Nations

Huijuan Liu — 2026-07-27

Based on 2018–2023 data, this study employs the Export Similarity Index (ESI) and the Commodity Supply-Demand Matching Coefficient (CMCI) to perform a multidimensional assessment of agricultural trade complementarity between China and the five Central Asian countries. Findings show that the two sides’ export structures are significantly dissimilar, resulting in strong overall complementarity. Central Asia possesses a clear advantage in land-intensive specialty products (e.g., flaxseed, raisins), in contrast to China’s advantage in processed agricultural goods (e.g., vegetable products, aquatic products), establishing a “resource-processing” dual-track complementary relationship. Analysis at the country level reveals a gradient distribution in the degree of complementarity. The evaluation further identifies high trade potential across scale, structure, policy, and infrastructure dimensions, with specific high-growth sectors including natural honey and frozen fish. The paper thus supplies empirical evidence and policy recommendations for optimizing agricultural cooperation.

The Impact of the Penetration Rate of Digital RMB Wallets on the Small Payment Handling Fee Income of Commercial Banks

Chenxu Wang — 2026-07-27

The issue that the handling fee income of small payments by commercial banks is affected by the penetration rate of digital RMB wallets is discussed in this article. With the continuous expansion of the pilot scope of digital RMB, the penetration rate of its wallets has risen rapidly, which brings new challenges and opportunities to the small payment business of traditional commercial banks. This study collected relevant data from digital RMB pilot regions from 2020 to 2022 using quantitative analysis methods, and established a relationship model between the penetration rate of digital RMB wallets and the small payment handling fee income of commercial banks. The results show that when the penetration rate of digital RMB wallets increases, the small payment handling fee income of commercial banks decreases. The increase in the penetration rate will lead to varying degrees of reduction in the small payment handling fee income of commercial banks. However, the research also found that some banks have new income growth channels after actively developing digital RMB-related businesses. This article further analyzes the impact of this trend on the business transformation and innovation of commercial banks and puts forward corresponding strategic suggestions. The research results can provide important references for commercial banks to adjust and develop their business in the era of digital currency.

Grassroots Statistics in Towns and Townships: New Approaches to Supporting Rural Revitalization

Dianhua Zhu — 2026-07-27

The implementation of the rural revitalization strategy requires accurate and reliable data as support. As the primary source of data for rural development, grassroots statistics in towns and townships can comprehensively collect information on rural industries, talent, ecology, and other fields, providing a quantitative basis for grassroots governance and policy formulation. To enhance the efficiency of grassroots statistics in towns and townships, this paper, in line with the current requirements and development directions of the rural revitalization strategy, outlines the practical value of grassroots statistics in supporting rural revitalization, deeply analyzes the prominent challenges at the present stage, and explores new approaches such as digitalization, grid management, and cross-departmental collaboration to fully unlock the value of statistical data elements, striving to support comprehensive rural revitalization with high-quality statistical data.

Research on Land Resource Management and Land Use Transformation in the Context of Territorial Space

Xiong Wang — 2026-07-27

The comprehensive establishment of the territorial spatial planning system has provided a new institutional framework and practical guidance for land resource management, while driving the transformation of land use into a new phase characterized by "spatial coordination, efficient intensive use, and ecological priority." However, during economic development and urban construction, some regions have exhibited unscientific management and utilization of land resources, leading to a sharp decline in land availability and escalating ecological pollution. In light of this, the article begins by addressing the necessity of land resource management and land use transformation within the territorial spatial framework. It systematically analyzes the challenges currently faced in land resource management and utilization, and proposes targeted practical strategies. The aim is to provide practical references and theoretical support for resolving the imbalance between land use and spatial development, as well as enhancing the sustainable utilization of land resources.

Research on the Development Path of Low-altitude Economy under the Background of New Quality Productivity

Zhiyi Gai — 2026-07-27

This study aims to explore the development pathways of the low-altitude economy under the new quality productivity framework. Through the comprehensive application of literature review, case analysis, and inductive synthesis methods, we conduct a thorough examination of relevant fields. The research reveals that new quality productivity and the low-altitude economy are closely interconnected. New quality productivity injects fresh momentum into the low-altitude economy, enhancing aircraft performance and driving operational model innovations. Simultaneously, the low-altitude economy provides application scenarios for emerging technologies, fostering coordinated development of related industries while feeding back into the advancement of new quality productivity. Based on these findings, three key development pathways are identified: technological innovation, industrial integration, and policy support. This study aims to provide theoretical and practical guidance for the sustainable development of the low-altitude economy driven by new quality productivity.

Research on the Construction of Enterprise Internal Control System and Financial Risk Prevention and Control

Yongbin Liu — 2026-07-27

In the increasingly competitive modern market environment, enterprises are facing more and more complex and diverse financial risks. The construction of a complete and effective internal control system has become an important foundation for enterprises to prevent financial risks, ensure stable operation and achieve sustainable development. Based on the actual needs of enterprise management, this paper focuses on the internal logic between internal control and financial risk prevention and control, clarifies the key points of internal control system construction, and puts forward systematic and operable financial risk prevention and control strategies. The research shows that a sound internal control system can effectively identify, evaluate, and respond to financial risks, reduce the possibility of financial losses, and improve the overall operational efficiency and risk resistance of enterprises. By optimizing the control environment, improving the risk assessment mechanism, standardizing control activities, unblocking information communication and strengthening supervision and feedback, enterprises can form a closed-loop management model of risk prevention and control. This paper maintains a practical and stable writing style, focuses on practical application scenarios, and provides clear and effective ideas for enterprises to strengthen internal management and resist financial risks.

A Study on the Impact of Social Media on High School Students’ Consumption Preferences and Their Financial Statistical Characteristics

Yingxin Zhen — 2026-07-27

This study surveyed 96 high school students via questionnaires, adopting descriptive statistics, correlation analysis, and theoretical frameworks (Uses and Gratifications, Theory of Planned Behavior) to explore social media’s influence on their consumption preferences and financial traits. Data was analyzed using MATLAB R2023b. Key findings: 42.7% use social media 1–3 hours daily, with short-video platforms dominating (76.0%). Consumption follows a “basic needs + entertainment” pattern. Social media recommendations (61.5%) and peer interaction (52.1%) strongly shape decisions. Monthly spending is right-skewed (skewness = 1.68, mean = 847 yuan, median = 750, SD = 282). Daily usage time correlates moderately with spending (r = 0.56, P < 0.01). Social media guides consumption via algorithmic pushes, influencer marketing, and peer comparison, contributing to irrational consumption and low financial literacy. Targeted suggestions are provided for schools, families, society, and individuals to foster rational consumption and improve financial literacy.

Research on the Impact of the Liberalization of Cross-border Capital Flows in Hainan Free Trade Port on Regional Economic Fluctuations

Ziyi Shen — 2026-07-27

The main policy orientation of the Hainan Free Trade Port is the liberalization of cross-border capital flows, and the liberalization of cross-border capital flows is a decisive factor in promoting trade and investment facilitation. This paper systematically summarizes relevant domestic and foreign research and discusses it in combination with the development process and policy deployment of the Hainan Free Trade Port. It systematically examines its impact on regional economic fluctuations, summarizes the existing research results and their shortcomings, and aims to provide theoretical references and policy implications for deepening the liberalization reform of the Hainan Free Trade Port and preventing economic fluctuations. Studies have shown that the liberalization of cross-border capital flows has a bidirectional fluctuation effect on the economic growth rate of Hainan: improving resource misallocation and accelerating industrial structure upgrading; increasing the short-term capital inflow and outflow volume and exchange rate level fluctuations in Hainan, and the final outcome depends on the structure of cross-border capital flows, the intensity of financial regulation, and the stability of economic development.

Trust in Government Institutions: A Comparison of Attitudes Between the British and Polish Governments

Ziying Jiang — 2026-07-27

In early 2022, British politics gave us the first great scandal of the year, ‘Partygate’ ^[1]. At the time, a survey across 6 countries in Europe showed that 62% of UK respondents to the survey feel that their government ‘ignores rules and procedures’, the highest of all countries. Other things that were happening at the time. The European Commission’s litigation initiation against Warsaw over the Polish ruling party’s ‘democratic decapitation’ of the judiciary ^[2]. How bad is the state of democracy when citizens no longer trust that our government institutions play by the rules? This paper employs data from the 9th European Social Survey Round (2018-2019) and compares government trust in the UK (N = 2204) and Poland (N = 1500). This was a pivotal time for the UK, given its Brexit negotiations, and for Poland in their court reform battles with the EU ^[3].

Research on Smart Supervision Strategies on Funds in Asymmetric Environments: A Perspective of Financial Flows and Information Flows

Shihe Wang — 2026-07-27

Building strategies to supervise funds amid asymmetrical conditions is essential for enhancing economic security. As modern networking technology evolves toward large-scale, distributed, informationized, and digitized neural-network forms, dilemmas such as information asymmetry between regulators and the entities being regulated, resource imbalance, and incentive incompatibility increasingly come to the fore. Traditional supervision and regulatory models are now challenged by decentralization and intelligence. By exploring a DSR framework that integrates blockchain technology to enable full-chain traceability of fund flows, introduces smart contracts to trigger early warning mechanisms automatically, and builds an efficient, sustainable asymmetric fund-supervision system, it can make important practical contributions toward refining the overall financial governance structure.

Financial Planning for Multinational Corporations: Insights from the Service Experience of Dalian Starlight Financial Management Co., Ltd.

Jiang Na — 2026-07-27

In the background of economic globalization, multinational corporations face increasingly complex challenges in financial planning, including cross-border capital allocation, financial authority distribution, compliance management, risk prevention, and digital coordination. Rather than taking a single enterprise as the direct object of corporate case analysis, this paper draws on the practical service experience of Dalian Starlight Financial Management Co., Ltd. in fiscal, tax, and cross-border financial advisory services, examining the common financial planning issues encountered by multinational corporations. Based on relevant governance theories and practical observations, the paper analyzes key problem areas such as imbalanced allocation of financial authority, low efficiency in cross-border fund coordination, weak end-to-end risk control, and insufficient digital-global collaboration. It further proposes optimization paths, including hierarchical allocation of financial authority, centralized cross-border fund management, integrated compliance and risk control, and digital upgrading of financial governance. The study aims to provide a practice-based reference for multinational corporations seeking to improve financial planning quality, strengthen compliance capability, and enhance global value creation.

Beyond the Veil of Capital: Toward a “Post-Labor Economics” and a New Paradigm of Value Distribution in an Era of Full Automation

Changhao Hu — 2026-07-27

The convergence of Artificial General Intelligence (AGI) and advanced robotics portends the comprehensive displacement of human labor across all productive activities. This prospect represents not merely a technological watershed but a fundamental crisis for the paradigm of economics itself. The theoretical edifice built on labor value, price theory, distribution mechanisms, and growth models faces potential obsolescence. This article proposes and systematically elaborates a theoretical framework of “Post-Labor Economics,” investigating how economic systems might achieve closed-loop operation when humans exit as producers. Tracing the historical evolution of the labor theory of value and synthesizing the intellectual lineage of technological displacement, the paper innovatively conceptualizes robots as “human-like producers” and constructs a “dual-circuit” model comprising the “Capital Internal Circuit” and the “Human External Circuit.” This model reveals the structural contradiction between infinite supply capacity and the evaporation of effective demand. Building on this foundation, the article reexamines fundamental transformations in price formation mechanisms, factor distribution logic, and growth constraints. Finally, it proposes a “Digital Sovereignty” distribution system that transcends traditional welfarism and reconstructs the philosophical foundations of “value.” The research concludes that the terminal scenario of comprehensive labor displacement will mark the end of the “Labor Economics” era and inaugurate a new civilizational paradigm centered on property rights reconfiguration, energy constraints, and the meaning of human existence.

The Impact of Digital Inclusive Finance on Urban-Rural Income Gap

Jingping Bao — 2026-07-27

Based on panel data from 31 provincial administrative regions in China from 2011 to 2023, this paper employs the Peking University Digital Inclusive Finance Index to construct a fixed-effects model and empirically analyze the impact of digital inclusive finance on the urban-rural income gap. Furthermore, it examines the underlying mechanisms through the lenses of innovation levels and urbanization processes, while conducting heterogeneity analysis from the perspectives of urbanization levels and regional disparities. The results indicate that the development of digital inclusive finance significantly narrows the urban-rural income gap. Robustness tests confirm that this conclusion remains valid after replacing variables, lagging explanatory variables, and adjusting sample ranges. Mechanism tests reveal that digital inclusive finance primarily narrows the urban-rural income gap by promoting regional innovation levels and driving the urbanization process. Heterogeneity analysis shows that the effect of digital inclusive finance in narrowing the urban-rural income gap is more pronounced in regions with moderate urbanization levels and in the eastern and western regions of China. This study provides empirical evidence for understanding the role of digital inclusive finance in promoting coordinated urban-rural development and offers references for relevant policy formulation.

Exploring the Optimization Paths of Manufacturing Enterprises’ Competitive Strategy from the Perspective of AI Empowerment

Shuai Liu — 2026-07-27

Currently, the global manufacturing industry is undergoing a new generation of information technology revolution led by artificial intelligence. Although manufacturing enterprises in China play a crucial role in economic development, they generally face bottlenecks such as low production efficiency, low product added value, and insufficient innovation capabilities. In this context, this study deeply discusses the path and mechanism of competitive strategy optimization of AI enabled manufacturing enterprises. Using literature research methods, case analysis methods, and empirical research methods, a theoretical framework and method system for artificial intelligence enabling the optimization of manufacturing enterprises’ competitive strategies are constructed. The study proposes optimization paths such as data-driven intelligent perception of strategic environment, intelligent algorithm-driven strategic generation and evaluation, dynamic monitoring of strategic implementation and agile adjustment, and knowledge graph-based analysis of competitors’ situations. It also provides guarantee measures from the aspects of technology and talent. Research shows that artificial intelligence can offer new opportunities for manufacturing enterprise competition strategy optimization, power enterprises more competitive, achieve high quality development.

A Study on the Evaluation of Policies for Technology Business Incubators Based on the “Subject-Tool-Feedback” Framework

Hongyan Ma — 2026-07-27

Technology business incubators play a crucial role in cultivating technology-based firms and promoting the commercialization of research results. Consequently, the importance of establishing supportive policies for incubators is self-evident. Conducting a systematic evaluation of the implementation effectiveness of incubator policies is not only a prerequisite for helping small and medium-sized technology-based enterprises reduce costs and improve efficiency, but also a central priority in aligning with the prevailing trend of deepening the integration between national scientific and technological innovation and industrial innovation. This study takes state-level incubator policies as the evaluation object. By applying the Analytic Hierarchy Process and the fuzzy comprehensive evaluation method, it constructs an incubator policy evaluation index system from three dimensions: policy actors, policy instruments, and policy feedback. The study then assesses the implementation effectiveness of these policies, aiming to provide references and recommendations for the future formulation and improvement of incubator policies.