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Many governments are taking measures in support of small and medium-sized enterprises (SMEs) to mitigate the economic impact of the COVID-19 outbreak. This paper presents a theoretical model for evaluating various government measures, including insurance for bank loans, interest rate subsidy, bridge loans and relief of tax burdens.

This paper distinguishes a firm's intrinsic value and book value, where a firm can lose its intrinsic value when it encounters cash-flow crunch. Wang transform is applied to (1) calculating the appropriate level of interest rate subsidy payable to incentivize banks to issue more loans to SMEs and to extend the loan maturity of current debt to the SMEs, (2) describing the frailty distribution for SMEs and (3) defining banks' underwriting capability and overlap index in risk selection.

Government support for SMEs can be in the form of an appropriate level of interest rate subsidy payable to incentivize banks to issue more loans to SMEs and to extend the loan maturity of current debt to the SMEs.

More available data on bank loans would have helped strengthen the empirical studies.

This paper makes policy recommendations of establishing policy-oriented banks or investment funds dedicated to supporting SMEs, developing risk indices for SMEs to facilitate refined risk underwriting, providing SMEs with long-term tax relief and early-stage equity-type investments.

The model highlights the importance of providing bridge loans to SMEs during the COVID-19 disruption to prevent massive business closures.

This paper provides an analytical framework using Wang transform for analyzing the most effective form of government support for SMEs.

Purpose – This chapter analyzes how various gender discourses transmitted through mass media such as television form discourse competition and conflict today as China is confronting cultural globalization. In that context, a wave of consumerism and nostalgia for cultural tradition become two of the key factors that shield patriarchy and resist feminism.

Method – Quantitative and qualitative responses of Chinese university students to video productions from South Korea and the United States are studied, compared, and contrasted by using survey and focus group discussion methods.

Findings – Women and men students show preference for different types of televised and film entertainment. Both respond to the gender discourses depicted, seeing in them models for behavior and fashion. The independence and sexual freedom reflected in TV series from the United States is seen by many as less applicable to the Chinese context than the idealized traditionalism of the Korean series.

Social implications – Global culture provides alternative and competing gender discourses, which can lead to social change or to nostalgia for an idealized tradition in the face of change. To the extent that both women and men adopt the male gaze, patriarchal culture is strengthened, not challenged in the process.

At every period of time marked by years, the seasons by turns and twists in history, among country folk especially, the years of great storms and hard winters; in law enforcement, the passing of some far‐reaching, profound statutory measure, there is this almost universal tendency to look back—over your shoulder‐assessing changes, progressive or otherwise, discerning trends and assaying prospects. We are about to emerge from the seventies—battered but unbowed!—into the new decade of the eighties, perhaps with a feeling that things can only get better.

Purpose – Informed by Chinese mothers from four villages, the purpose of this chapter is to address the old issue of feminization of family survival, but situated within the landscape of neoliberalism. This study investigates the interplay between Chinese patriarchal values and neoliberal ideas that have shaped the Happiness Project – Action to Aid Impoverished Mothers – an official population control program that has been combined with poverty reduction “Action.”

Methodology – This research began in 2001 in Sichuan Province, Southwest China. Over a period of three years I interviewed 48 women who were participants in the Happiness Project.

Findings – The goal of the Happiness Project is to bring “happiness” to poor mothers through the introduction of microcredit, literacy programs, and the improvement of reproductive health. Three maternal aspects of the Happiness Project, as the study indicates, coincide with three particular patriarchal values. These include an official construction of a good mother image, targeting women's bodies as objects of the state's population control, and reinforcing gender stereotypes through market activity. The findings of this research suggest that feminization of family survival coincided with achieving the goal of the Project. Mothers thus have carried a double burden on behalf of the Chinese state and their families: the goals of declining fertility and increasing family prosperity.

Social implications – Based on this outcome, the study not only calls for reevaluating this “women-only” economic development model, but also calls into question whether bringing Chinese women into public production/market activity is a path to women's emancipation under neoliberalism.