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Article
Publication date: 25 November 2020

Melody (Fan) Yang

To explain the key amendments to China’s rules governing fund custody business and highlight the implications for private fund managers.

Abstract

Purpose

To explain the key amendments to China’s rules governing fund custody business and highlight the implications for private fund managers.

Design/methodology/approach

The article analyses, from the perspective of private fund managers, the key amendments to the rules governing fund the custody business in China in terms of custody of fund assets, the fund settlement and clearing process, valuation, disclosure and reports, investment supervision, review of distributions and governance.

Findings

The revised rules governing the fund custody business allow private fund managers to use their global custodian in China locally and leave room for managers and custodians to agree on their responsibilities and risk allocation in the fund contract.

Originality/value

The article offers practical guidance on how private fund managers may contractually allocate responsibilities and risks between themselves and fund custodians in the fund contract.

Article
Publication date: 7 November 2016

Berndt Allan Lundgren and Fan Yang Wallentin

The purpose of this paper is to investigate how to measure the effect of unobservable factors on residential choice behaviour in an attempt to advance the understanding of…

Abstract

Purpose

The purpose of this paper is to investigate how to measure the effect of unobservable factors on residential choice behaviour in an attempt to advance the understanding of how to perform advanced market analysis. This research is important to residential developers, as the diversity of preferences is increasingly driven by lifestyle-based households and affluent households.

Design/methodology/approach

Information about the pros and cons of renting an apartment in an ongoing residential development project in Stockholm came from interviews using the laddering technique. Qualitative data were subsequently analysed using exploratory and confirmatory factor analysis to confirm which factors had the highest effect on an overall assessment of living in the development and a value-for-money conclusion.

Findings

Among the potentially important factors identified, respondents who became residents perceived the development to be more noise-free than those who did not when stating the overall value of living in the development and making a value-for-money conclusion. The perception of noise differed between the two groups, meaning that those who did not become residents believed the development to be more exposed to noise. The standard of the apartment was the second most influential factor when stating the overall value of living in the development and making a value-for-money conclusion. The belief of being able to relax in the home environment had no significant effect on overall value for either group.

Originality/value

The results show that confirmatory factor analysis can be used in measuring the effect of unobservable factors in residential choice behaviour. The methodology presented may advise developers, architects or planners in evaluating those attributes that create value-for-money to improve, for example, overall design solutions in urban development projects.

Details

Journal of European Real Estate Research, vol. 9 no. 3
Type: Research Article
ISSN: 1753-9269

Keywords

Article
Publication date: 8 June 2020

Ziyang Song, Fan Yang, Edwin J. Boezeman and Xiaodong Li

The declining attractiveness of construction industry to the new-generation onsite construction professionals (OCPs) in China can be the result of insufficient supply of…

Abstract

Purpose

The declining attractiveness of construction industry to the new-generation onsite construction professionals (OCPs) in China can be the result of insufficient supply of what they desire at work. There is a lack of studies that make clear the work values of this cohort and the fit between their work value preferences and job supplies. Therefore, the purpose of this study is to address this issue.

Design/methodology/approach

This study focused on Chinese new-generation OCPs. Work values and job supplies were measured by two rounds of questionnaire surveys. Factor analysis was implemented to identify work value types. Paired samples t-test, independent samples t-test and one-way ANOVA were performed to figure out work value preferences and degree of supplies–values (S-V) fit and compare them across subgroups.

Findings

Intrinsic, “good time”, work-team-related, altruistic/prestigious and extrinsic work value types were identified. Chinese new-generation OCPs most valued work-team-related and intrinsic work aspects, while significant insufficient supply was relevant to intrinsic, extrinsic and “good time” aspects. Work value preferences and S-V fit showed significant differences among subgroups of gender, growth background, work rank and project type.

Practical implications

The results provide insights for construction companies to practice work-value-based human resource management toward new-generation OCPs and make targeted measures to address the misfit between supplies and values experienced by these OCPs.

Originality/value

This study for the first time examined work values of Chinese new-generation OCPs. It opens a new perspective for research based on S-V fit theory that focused on industry level. The effects of demographic and professional variables on the work values and the degree of S-V fit were revealed. This study thus contributes to the extant literature of work values and S-V fit.

Details

Engineering, Construction and Architectural Management, vol. 27 no. 10
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 2 November 2022

Xufeng Liang, Zhenhua Cai, Chunnian Zeng, Zixin Mu, Zifan Li, Fan Yang, Tingyang Chen, Shujuan Dong, Chunming Deng and Shaopeng Niu

The application of thermal barrier coatings (TBCs) allows aero-engine blades to operate at higher temperatures with higher efficiency. The preparation of the TBCs…

Abstract

Purpose

The application of thermal barrier coatings (TBCs) allows aero-engine blades to operate at higher temperatures with higher efficiency. The preparation of the TBCs increases the surface roughness of the blade, which impacts the thermal cycle life and thermal insulation performance of the coating. To reduce the surface roughness of blades, particularly the blades with small size and complex curvature, this paper aims to propose a method for industrial robot polishing trajectory planning based on on-site measuring point cloud.

Design/methodology/approach

The authors propose an integrated robotic polishing trajectory planning method using point cloud processing technical. At first, the acquired point cloud is preprocessed, which includes filtering and plane segmentation algorithm, to extract the blade body point cloud. Then, the point cloud slicing algorithm and the intersection method are used to create a preliminary contact point set. Finally, the Douglas–Peucker algorithm and pose frame estimation are applied to extract the tool-tip positions and optimize the tool contact posture, respectively. The resultant trajectory is evaluated by simulation and experiment implementation.

Findings

The target points of trajectory are not evenly distributed on the blade surface but rather fluctuate with surface curvature. The simulated linear and orientation speeds of the robot end could be relatively steady over 98% of the total time within 20% reduction of the rest time. After polishing experiments, the coating roughness on the blade surface is reduced dramatically from Ra 7–8 µm to below Ra 1.0 µm. The removal of the TBCs is less than 100 mg, which is significantly less than the weight of the prepared coatings. The blade surface becomes smoothed to a mirror-like state.

Originality/value

The research on robotic polishing of aero-engine turbine blade TBCs is worthwhile. The real-time trajectory planning based on measuring point cloud can address the problem that there is no standard computer-aided drawing model and the geometry and size of the workpiece to be processed differ. The extraction and optimization of tool contact points based on point cloud features can enhance the smoothness of the robot movement, stability of the polishing speed and performance of the blade surface after polishing.

Details

Industrial Robot: the international journal of robotics research and application, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0143-991X

Keywords

Article
Publication date: 18 October 2018

Zuhao Li, Chenyu Wang, Chen Li, Zhonghan Wang, Fan Yang, He Liu, Yanguo Qin and Jincheng Wang

This paper aims to review the latest applications in terms of three-dimensional printed (3DP) metal implants in orthopedics, and, importantly, the design of 3DP metal…

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Abstract

Purpose

This paper aims to review the latest applications in terms of three-dimensional printed (3DP) metal implants in orthopedics, and, importantly, the design of 3DP metal implants through a series of cases operated at The Second Hospital of Jilin University were presented.

Design/methodology/approach

This paper is available to practitioners who are use 3DP implants in orthopedics. This review began with the deficiency of traditional prostheses and basic concepts of 3DP implants. Then, representative 3DP clinical cases were summarized and compared, and the experiences using customized prostheses and directions for future potential development are also shown.

Findings

The results obtained from the follow-up of clinical applications of 3DP implants show that the 3D designed and printed metal implants could exhibit good bone defect matching, quick and safe joint functional rehabilitation as well as saving time in surgery, which achieved high patient satisfaction collectively.

Originality/value

Single center experiences of 3DP metal implants design were shared and the detailed technical points between various regions were compared and analyzed. In conclusion, the 3DP technology is infusive and will present huge potential to reform future orthopedic practice.

Details

Rapid Prototyping Journal, vol. 24 no. 8
Type: Research Article
ISSN: 1355-2546

Keywords

Article
Publication date: 6 November 2017

Fan Yang, Kirsten Urban, Martina Brockmeier, Eddy Bekkers and Joseph Francois

The purpose of this paper is to develop a modelling approach that enables the analysis of long-term food security policies. Specifically, the authors explore the effect of…

1913

Abstract

Purpose

The purpose of this paper is to develop a modelling approach that enables the analysis of long-term food security policies. Specifically, the authors explore the effect of China’s agricultural domestic support on its agricultural and food market by also considering the impact of incomplete price transmission.

Design/methodology/approach

The authors extend the standard Global Trade Analysis Project (GTAP) modelling framework. First, the authors incorporate incomplete price transmission into the GTAP model by generating tariff-equivalent price transmission elasticities. Second, the authors improve the current representation of China’s agricultural domestic support in the GTAP model and the underlying database by considering the production requirements and the trade-distorting effect of different policy instruments. Running a set of simulations, the authors examine first how the incorporation of incomplete price transmission affects the model’s results and second how increased agricultural domestic support affects China’s agricultural and food market accounting for incomplete price transmission.

Findings

Considering incomplete price transmission mitigates the domestic price increases as responses to high international agricultural prices, which also lead to an increase in China’s trade deficit and prohibits net food sellers from receiving high prices. In the long term, an increase in China’s agricultural domestic support to its World Trade Organisation de minimis commitment level would increase domestic agricultural production and reduce its demand pressure on the international market.

Originality/value

This paper contributes to the literature by examining the impact of increased agricultural domestic support on the domestic market while innovatively accounting for incomplete food price transmission. The authors combine econometric estimated price transmission elasticities and an extended GTAP framework to underscore the importance of enhancing the model’s ability in accounting for incomplete price transmission when analysing the impact of agricultural policies.

Details

China Agricultural Economic Review, vol. 9 no. 4
Type: Research Article
ISSN: 1756-137X

Keywords

Article
Publication date: 5 June 2017

Liang Zhang, Zhi-quan Liu, Fan Yang and Su-juan Zhong

This paper aims to investigate Cu/SnAgCu/Cu transient liquid phase (TLP) bonding with different thicknesses for three-dimensional (3D) integrated circuit (IC).

Abstract

Purpose

This paper aims to investigate Cu/SnAgCu/Cu transient liquid phase (TLP) bonding with different thicknesses for three-dimensional (3D) integrated circuit (IC).

Design/methodology/approach

This paper includes experiments and finite element simulation.

Findings

The growth rate of the intermetallic compound layer during TLP soldering was calculated to be 0.6 μm/s, and the small scallop-type morphology Cu6Sn5 grains can be observed. With the decrease in thickness in solder joint, the thickness of intermetallic compounds represents the same size and morphology, but the size of eutectic particles (Ag3Sn, Cu6Sn5) in the matrix microstructure decrease obviously. It is found that with the increase in thickness, the tensile strength drops obviously. Based on finite element simulation, the smaller value of von Mises demonstrated that the more reliability of lead-free solder joints in 3D IC.

Originality/value

The Cu/SnAgCu/CuTLPbondingwithdifferentthicknessesfor3D IC was investigated.

Details

Soldering & Surface Mount Technology, vol. 29 no. 3
Type: Research Article
ISSN: 0954-0911

Keywords

Article
Publication date: 19 May 2022

Zixin Mu, Zhenhua Cai, Chunnian Zeng, Zifan Li, Xufeng Liang, Fan Yang, Tingyang Chen, Shujuan Dong, Chunming Deng and Shaopeng Niu

During the process of the robotic grinding and polishing operations on aero-engine blades, the key problem of calibration error lies in fixture error and uneven margin. To…

Abstract

Purpose

During the process of the robotic grinding and polishing operations on aero-engine blades, the key problem of calibration error lies in fixture error and uneven margin. To solve this problem, this paper aims to propose a novel method to achieve rapid online calibration of the workpiece coordinate system through laser-based measurement techniques.

Design/methodology/approach

The authors propose a calibration strategy based on point cloud registration algorithm. The main principle is presented as follows: aero blade mounted on clamping end-effector is hold by industry robot, the whole device is then scanned by a 3D laser scanner to obtain its surface point cloud, and a fast segmentation method is used to acquire the point cloud of the workpiece. Combining Super4PCS algorithm with trimmed iterative closest point, we can align the key points of the scanned point cloud and the sampled points of the blade model, thus obtaining the translation and rotation matrix for calculating the workpiece coordinate and machining allowance. The proposed calibration strategy is experimentally validated, and the positioning error, as well as the margin distribution, is finally analyzed.

Findings

The experimental results show that the algorithm can well accomplish the task of cross-source, partial data and similar local features of blade point cloud registration with high precision. The total time spent on point cloud alignment of 100,000 order of magnitude blade is about 4.2 s, and meanwhile, the average point cloud alignment error is reduced to below 0.05 mm.

Originality/value

An improved point cloud registration method is proposed and introduced into the calibration process of a robotic system. The online calibration technique improves the accuracy and efficiency of the calibration process and enhances the automation of the robotic grinding and polishing system.

Details

Industrial Robot: the international journal of robotics research and application, vol. 49 no. 6
Type: Research Article
ISSN: 0143-991X

Keywords

Article
Publication date: 11 December 2017

Fan Yang and Xiongfei Zhang

This paper aims to identify the most influential barriers for environmental management system (EMS) adoption and determine the interactions of these factors in the context…

Abstract

Purpose

This paper aims to identify the most influential barriers for environmental management system (EMS) adoption and determine the interactions of these factors in the context of Chinese textile and apparel industries.

Design/methodology/approach

The study has conducted two different research phases, namely, the identification of 13 barriers from the extensive literature available and expert panel discussion and using interpretive structural modeling (ISM) to investigate the complex relationships among these barriers and partition the barriers into a hierarchical structure to facilitate strategic analysis.

Findings

The obtained result demonstrates that insufficient information about customer’s demand is the most influential barrier. Furthermore, by analyzing the interrelationships among the barriers, management will become more aware of the barriers’ relative importance and focus on the barriers with stronger influence.

Originality/value

This work may help practitioners, academicians and regulators to focus their efforts toward implementation of EMS on various levels in business, especially for these textile and apparel companies operating in China.

Article
Publication date: 5 March 2018

Fan Yang and Huiying Zhang

The purpose of this paper is to empirically examine the underlying impacts of customer orientation on new product development (NPD) performance. Further, this study…

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Abstract

Purpose

The purpose of this paper is to empirically examine the underlying impacts of customer orientation on new product development (NPD) performance. Further, this study investigates the moderating effect of top management support (TMS) on the customer orientation-performance relationship.

Design/methodology/approach

This study as a unique approach has classified customer orientation into three sub-dimensions: customer focus, customer involvement and communication with customers. And the NPD performance is explored both from financial and nonfinancial aspects.

Findings

Based on a sample of 366 high performance manufacturing firms across ten countries, the obtained results of hierarchical moderated regression analyses reveal that customer focus, customer involvement and communication with customers have significantly positive effects on both financial and nonfinancial performance of NPD; TMS positively moderates the relationship between multiple dimensions of customer orientation and NPD performance.

Practical implications

The research extends the customer orientation literature by describing three dimensions of customer orientation and empirically testing their effects on NPD performance. This study also contributes to a deep understanding of the influence factors of NPD performance, both from the financial and nonfinancial aspects. The proposed framework provides a fine-grained analysis to help us understand in what way the customer orientation is linked to performance outcomes.

Originality/value

This study is innovative because it seeks to make a contribution to existing literature from a theoretical perspective by investigating the sub-dimensions of customer orientation and moderating role of TMS.

Details

International Journal of Productivity and Performance Management, vol. 67 no. 3
Type: Research Article
ISSN: 1741-0401

Keywords

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