Proceedings of Business and Economic Studies

Intrinsic Dynamics and Logical Framework of Innovative Quality Productivity Enabling High Quality Development of Festival Tourism

Yikun Yan — 2026-02-03

Under the Chinese-style modernisation, the innovative quality productivity as a driving engine is an important focus point for the promotion of high-quality tourism development. In the evolutionary process of productivity development, the reality of productivity development promotes the emergence of festivals, and influences the change of travel patterns until contemporary festivals become a form of tourism, which is the historical context of the innovative quality productivity-enabled festivals tourism. In terms of intrinsic motivation, festivals have become an effective carrier for the construction of new relationships between people, nature and society driven by the Innovative quality of productivity. On the logical framework, the innovative quality productivity empowers the high-quality development of festival tourism, mainly relying on the optimal combination of the three major elements of the innovative quality producers, means of production and production objects, and with science and technology, culture and policy as the three major strategic support, through the scientific and technological “empowerment” and festival “enablement” combination, to promote the development of festival tourism, and to promote the development of festival tourism. Through the combination of science and technology “empowerment” and festivals “enabling”, it promotes the innovation and integration of the industrial chain, and facilitates the development of the new and old productive forces in accordance with local conditions and synergistic progress.

Efficiency Evaluation and Barrier Analysis of Blockchain Technology Application in Cross- Border Trade Finance: A Case Study of Supply Chain Finance in the Guangdong-Hong Kong-Macao Greater Bay Area

Jingdong Huang — 2026-02-10

Under the special institutional environment of “One country, Two systems, and Three jurisdictions” in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), cross-border trade finance faces prominent information asymmetry and institutional frictions. Existing studies lack quantitative evaluation of blockchain technology’s application efficiency in this context and systematic analysis of barrier mechanisms. This paper constructs an analytical framework of “technological characteristics-financing process-efficiency output”, using the DEA-BCC model, Malmquist index, grounded theory, and ISM-ANP model for empirical analysis. The results showed that blockchain significantly empowers cross-border trade finance, with total factor productivity (TFP) increasing by 14% in 2023–2024, mainly driven by technological efficiency improvement. Core enterprises (comprehensive technical efficiency 0.82) outperform SMEs (0.65), showing a “Matthew Effect”. Moreover, barriers form a three-level structure of “underlying root-middle-level transmission-surface manifestations”, with technical (weight 0.32) and institutional barriers (0.28) as core constraints, especially insufficient cross-border regulatory coordination (0.12) and inconsistent cross-chain standards (0.10). Prioritizing these underlying barriers is key to breaking “digital silos”, and the proposed hierarchical governance strategy provides support for GBA financial infrastructure interconnection.

Application and Practice of Big Data Technology in Financial Management

Yalin Bei — 2026-02-10

In the era of accelerating digital economy penetration, big data technology is reshaping traditional corporate financial management models through its core advantages of massive data processing, in-depth data analysis, and precise trend forecasting. This paper focuses on the application value and practical approaches of big data technology in financial management. Through systematic analysis of four core modules, budget management, cost control, risk management, and investment/financing decisions, the study examines application scenarios and implementation effects of big data technology. Addressing current challenges such as insufficient technical compatibility, data security risks, and talent shortages in enterprise applications, targeted optimization strategies are proposed. Practical case studies from enterprises of varying scales demonstrate the practical significance of big data technology in enhancing financial management precision and strengthening corporate value creation capabilities. The research indicates that big data technology drives the transformation of financial management from accounting-oriented to strategy-oriented, providing crucial support for efficient operations in complex market environments. Establishing a comprehensive technical application system, strengthening data governance, and cultivating talent reserves are key to enabling enterprises to fully leverage big data in financial management.

The FinTech Revolution: A Systematic Literature Review of Its Impact on the Global Financial Landscape

Guowei Zhang — 2026-02-10

Financial Technology (FinTech) refers to financial innovations which are technology-enabled including artificial intelligence (AI), big data analytics, blockchain and so on. As a disruptive revolution, the advancement of FinTech has changed the traditional methods of lending, payment and investment, and has emerged as a significant factor in the development of business and financing over the past decade. Furthermore, the adoption of FinTech such as digital bank not only promotes the prosperity of business at the macro level, but also changes daily behaviors of each tiny individual at the micro level. This paper aims to explore the innovations of financial technology in traditional financing channels from both macro and micro perspectives, to provide reasonable references for financial decision-makers. In conclusion, with the development of modern technology such as blockchain, big data, and APIs, FinTech is transforming the world on both a macro and micro level.

The Concept, Classification and Characteristics of Sleeping Resources in Guangdong Hong Kong Macao Great Bay Area

Rui Hu — 2026-02-10

Under the background of the construction of Guangdong Hong Kong Macao Great Bay area, there are a large number of underutilized “sleeping resources” in the region, which restricts the overall efficiency improvement and the coordinated development of urban and rural areas. Based on the reality of Dawan District, this paper defines the narrow and broad connotation of sleeping resources, and divides its system into four categories: culture, nature and ecology, economy and industry, and society and space from three dimensions: value attribute, sleeping state and regional characteristics. It then analyzes its three characteristics of value diversification and concealment, spatial cluster and cross-border, regional strategy and urgency. Combined with the development trend of digital economy, it puts forward the innovation strategy of resource activation, in order to provide theoretical reference and practical guidance for the resource integration, value release and high-quality coordinated development of Guangdong Hong Kong Macao Greater Bay area.

Research on the Development and Application of Intelligent Financial Profitability Analysis Robot Based on RPA

Xinxin Wu — 2026-02-10

In the context of accelerating digital economy penetration, financial digital transformation has become a critical pathway for enterprises to enhance core competitiveness. Robotic process automation (RPA) technology, with its efficiency, precision, and cross-system collaboration capabilities, provides innovative solutions for financial process innovation. This paper develops an intelligent financial profitability analysis robot based on Laiye Technology’s UiBot platform, focusing on core processes such as data collection, metric calculation, and report generation. It achieves full-process automation from multi-source data integration to visualized analysis reports. By integrating dual-dimensional metrics of accounting profits and cash flows, the system constructs dynamic analytical models adaptable to various industries, effectively addressing issues like inefficiency, high error rates, and delayed decision-making in traditional financial analysis. Practical results demonstrate that the robot achieves over 98% data collection accuracy, reduces business processing time to 30% of manual operations, significantly lowers corporate financial operational costs, and provides real-time, precise decision-making support for management. This solution holds significant practical value and promotion potential.

Ecological Niche Construction Strategies for Cross- Border Integration of Traditional Industries Under the Perspective of Platform Economy

Qiaosheng Tu — 2026-02-10

This paper examines the critical pathways for traditional industries to achieve cross-border integration in the context of the digital economy, grounded in the profound reshaping of traditional industrial ecosystems by platform economies. The study first analyzes the survival crises and transformation opportunities faced by traditional industries under platform economies, then introduces niche theory to establish a three-dimensional analytical framework of “platform-industry-user.” Through empirical case analysis, the paper identifies core issues in cross-border integration, including niche gaps, resource misallocation, and competitive barriers. It proposes platform-enabled niche-building strategies, encompassing technological coupling, organizational restructuring, and value co-creation, aiming to provide theoretical support and practical guidance for traditional industries in seeking new spaces for survival and development amid the platform economy wave.

Innovation of Financial Supervision Model for Public Institutions in the Context of Informatization

Yufei Liu — 2026-02-10

Driven by the wave of digitalization, information technology has been deeply integrated into various fields of social and economic development, and the financial work environment of public institutions has undergone profound changes accordingly. The traditional financial supervision model is difficult to adapt to the regulatory needs of the new era. Taking the informatization background as the starting point, this paper analyzes the prominent problems existing in the current financial supervision model of public institutions, explores the innovative paths of the financial supervision model combined with the application advantages of information technology, aiming to provide theoretical reference and practical guidance for improving the efficiency of financial supervision of public institutions, strengthening the standardization of fund use, and ensuring the safety of public resources.

Research on TikTok’s Negotiation Strategies to Respond to the U.S. Ban and Its Experience Enlightenment

Sujie Wei — 2026-02-10

By conducting an in-depth analysis of TikTok’s negotiation strategies under the pressure of the U.S. ban, this paper explores how ByteDance successfully broke through the U.S. political siege through various strategies such as multi-party negotiations, legal challenges, flexible plan design, public opinion control, and international cooperation. Through the research on this case, the key experiences and strategic enlightenment for business negotiations in complex international environments are summarized, aiming to provide reference for other enterprises when facing similar challenges.

Institutional Mechanism Analysis of the Standardization of Interdepartmental Budget Fund Allocation Under Fiscal Digitization

Penglu Deng — 2026-02-10

Against the backdrop of advancing fiscal digitization, budget management methods and fiscal operation logic are undergoing changes. Existing studies mostly discuss the effectiveness of digital fiscal reforms from the perspective of technological application or efficiency improvement, but pay relatively insufficient attention to how it affects the standardization of interdepartmental budget fund allocation. Based on this, taking the integrated budget management reform as the entry point, this paper explores the action path of fiscal digitization on the standardization of interdepartmental budget fund allocation from two levels: institutional foundation and operational mechanism. The study holds that fiscal digitization does not directly determine the allocation result of budget funds among departments, but changes the institutional environment relied on by budget allocation behavior by unifying budget rules, connecting budget management processes, and reconstructing budget information structure, thereby forming more stable and enforceable institutional constraints on departmental budget allocation. On this basis, fiscal digitization further exerts institutional constraints during the budget execution stage by embedding supervision and auditing functions into the budget execution process and improving the transparency of budget operation, inhibiting arbitrariness and strategic adjustments in interdepartmental budget allocation. Thus, the standardization of interdepartmental budget fund allocation is gradually strengthened, and the improvement of allocation efficiency is more reflected as a natural result under standardized constraints. The analysis of this paper helps to understand the governance effect of fiscal digitization from the perspective of institutional operation and provides theoretical reference for further improving the interdepartmental budget fund allocation mechanism.

Exploration of the Pathways for Enterprises to Strengthen Cost and Budget Management through Managerial Accounting

Yunqi Gao — 2026-02-10

Against the backdrop of intensified market competition and increasingly complex business environments, cost control and budget management have become pivotal for enterprises seeking to reduce costs, enhance efficiency, and ensure the successful implementation of their strategies. In this context, managerial accounting, as a crucial branch of the accounting system, effectively bolsters an enterprise’s core competitiveness. This article delves into the application of managerial accounting in enterprise cost and budget management, clarifying its value within enterprises. Addressing existing issues in utilizing managerial accounting to strengthen cost and budget management, it proposes targeted practical pathways. The aim is to provide feasible solutions for enterprises grappling with difficulties in cost control and weak budget execution, thereby assisting them in elevating the precision of their financial management, achieving the dual objectives of cost reduction and efficiency enhancement, and ensuring the successful implementation of their strategies.

Research and Forecast of the Third-Level Real Estate Market in Shenzhen (2026–2030)

Yiqi Feng — 2026-02-10

This paper analyzes the various problems faced by the third-level real estate market in Shenzhen, studies their origins, formation processes, and related factors. The main contents include: investigating and analyzing the current situation and marketization degree, analyzing the causes of the formation of the real estate bubble in Shenzhen, researching the impacts of real estate on the economy, society, politics, and other aspects, and proposing effective policies and suggestions for the real estate market.

Research on the Mechanism and Pathways of Low-Altitude Economy Empowering New Quality Productive Forces Driven by Digital-Real Integration

Peilong Zhang — 2026-02-10

This paper systematically explores how the low-altitude economy, through deep integration with the real economy and the digital economy (“Digital-Real Integration”), collaboratively promotes the formation of new quality productive forces, and analyzes the critical role of Specialized, Sophisticated, Distinctive, and Innovative (SSDI) small and medium-sized enterprises (SMEs) within this context. Research indicates a bidirectional and mutually reinforcing relationship between the low-altitude economy and digital-real integration, where the development of the low-altitude economy relies on enabling digital technologies such as high-precision navigation, intelligent air traffic management, and digital twins; simultaneously, the massive data and diverse scenarios it generates provide a crucial testing ground for digital technology innovation and implementation. SSDI SMEs demonstrate significant vitality in niche UAV sectors, specialized solutions, and regional service network construction. To foster the ternary synergy among the low-altitude economy, digital-real integration, and new quality productive forces, efforts should focus on building data trading markets and secure channels, constructing intelligent integrated infrastructure, and creating comprehensive management platforms. Current challenges include technology maturity, safety regulation, airspace supply, and business model sustainability. Future work requires enhanced systematic planning, optimized regulatory environments, the construction of a collaborative ecosystem, and the promotion of new quality productive forces development.

Policy Recommendations for Optimizing the Business Environment in the Process of High- Quality Development: Evidence from Guangxi, China

Shunyan Peng — 2026-02-10

High-quality development is the primary task in comprehensively building a modern socialist country, and advancing it requires a high-quality business environment. Focusing on the Guangxi border ethnic region that is both coastal and adjacent to national borders, this paper examines the significance of optimizing the business environment for promoting high-quality development in Guangxi. It then analyzes the current state of the business environment from three perspectives: attracting foreign investment, promoting investment, and reforming government services. The analysis identifies several salient problems, including low efficiency in administrative service approval, a lack of overall coordination and interdepartmental linkage, difficulties and high costs for micro and small enterprises to obtain financing, shortages of human resources, challenges in attracting and retaining talent, an insufficient level of digitalization, and limited resource sharing. Drawing on international experiences from Singapore and Ireland as well as domestic cases from Hong Kong and Zhejiang, this paper proposes policy measures such as deepening the “streamlining administration, delegating powers, improving regulation, and optimizing services” reform, ensuring that pro-enterprise policies are implemented in a targeted and effective manner, strengthening science- and technology-enabled financial services, enhancing mechanisms for talent cultivation and recruitment, and improving the regulatory framework and transparency. These recommendations provide a reference for building a high-quality business environment in Guangxi.

Virtual-Physical Symbiosis: A Study on the Sustainable Path of Digital Transformation in the Exhibition Industry

Chuyan Yu — 2026-02-10

The traditional model of China’s exhibition industry faces challenges such as high resource consumption and severe environmental pollution. Digital transformation has become an inevitable direction for the industry’s high-quality development. However, the current transition is constrained by the absence of “virtual-physical symbiosis” scenarios and the lack of real-time interaction between physical and digital exhibition booths. Centered on “virtual-physical symbiosis,” this paper constructs a four-dimensional theoretical framework encompassing technology, management, experience, and sustainability. By integrating the linkage mechanism between the sustainable development goals (SDGs) and the digital transformation of the exhibition industry, it analyzes the China International Import Expo as a case study. The research clarifies the technological underpinnings and tool applications for exhibition digital transformation, proposes diverse pathways for SDG implementation, and ultimately provides theoretical foundations and practical guidance for government policy formulation and corporate digital practices. This contributes to achieving green, smart, and inclusive high-quality development in the exhibition industry.

Evaluation of Green Technology Innovation Efficiency, Regional Differences and Influencing Factors of Industrial Enterprises in China: Based on a Two-Stage Perspective

Quanyi Wang — 2026-02-10

The symposium on industrial green and low-carbon development held by the Ministry of Industry and Information Technology in January 2024 emphasized the need to steadily promote carbon reduction in the industrial sector, and improving the efficiency of green technology innovation in industrial enterprises has important practical significance in promoting their green transformation and upgrading. Therefore, this article uses inter-provincial panel data from 2005 to 2022, and constructs super efficiency EBM model, ML index model, Dagum Gini coefficient model, and spatial Durbin model to measure, decompose, analyze the sources of differences and influencing factors in the two-stage efficiency of industrial enterprises. The results show that the efficiency of technology research and development is higher than the efficiency of technology transformation, and the efficiency level of each stage is directly proportional to the economic development level of the region. The scale efficiency level of each stage remains stable at 0.9 or above, and the low pure efficiency is an important reason for the significantly low efficiency. The efficiency level of each stage shows an increasing trend from 2005 to 2022, and the efficiency level of each stage in the eastern region is higher than that of other regions. The efficiency level of China’s research and development stage shows a good development trend, but there is insufficient coordination between technological efficiency and technological progress in the transformation stage, and there are significant bottlenecks in the technological progress index. The differences in efficiency levels between different stages mainly come from the differences in efficiency levels between regions, with more significant differences between the eastern region and other regions. The industrial structure and market competitiveness have a significant promoting effect on efficiency levels, while environmental regulations have a significant inhibitory effect on efficiency levels.

Research on Two-Stage Capacity Configuration Optimization of Internet Dispatching Systems: From the Perspective of AI Empowerment and User Behavior

Yunjie Lou — 2026-02-10

Against the backdrop of the rapid development of the digital economy, internet dispatching platforms such as food delivery and ride-hailing services have become key urban infrastructure. However, they generally face the core contradiction between dynamic demand fluctuations and rigid service capacity constraints. This paper decomposes the dispatching system into a two-stage closed-loop structure of “waiting and service”. Combining queuing theory principles, AI empowerment characteristics, and introducing user loss aversion psychology and reference utility features, a configuration model covering basic capacity and safety capacity is constructed to explore optimal capacity strategies under profit-oriented and welfare-oriented orientations. Numerical examples verify the model’s effectiveness. Results show that the optimal capacity consists of basic capacity and safety capacity, with the two-stage safety capacity maintaining a specific matching ratio. Moreover, AI empowerment reduces the basic capacity demand in the waiting stage but requires simultaneous optimization of service stage capacity to avoid new bottlenecks. Consequently, platform positioning and user behavior characteristics significantly affect capacity configuration efficiency. The research conclusions provide theoretical support and practical guidance for dispatching platforms to achieve refined operations and balance efficiency with user experience.