Search results
1 – 4 of 4Huang Taiming, JingMao Ma, Li Zhang, Pan Hao, MingChen Feng, Wei Zeng and Changjie Ou
The purpose of this study is investigate the transient aerodynamic characteristics of high-speed vehicle with body roll motion under crosswind condition to improve aerodynamic…
Abstract
Purpose
The purpose of this study is investigate the transient aerodynamic characteristics of high-speed vehicle with body roll motion under crosswind condition to improve aerodynamic stability.
Design/methodology/approach
An overset mesh was used to simulate the rolling motion of the vehicle body. A wind tunnel experiment was conducted to validate the numerical method.
Findings
The results revealed that the vehicle’s aerodynamic characteristics changed periodically with the body’s periodic motion. In the absence of crosswind, the pressure distribution on the left and right sides of the vehicle body was symmetrical, and the speed streamline flowed to the rear of the vehicle in an orderly manner. The maximum aerodynamic lift observed in the transient simulation was −0.089, which is approximately 0.70 times that of the quasi-static simulation experiment. In addition, the maximum aerodynamic side force observed in the transient simulation was 0.654, which is approximately 1.25 times that of the quasi-static simulation experiment.
Originality/value
The aerodynamic load varies periodically with the vehicle body’s cyclic motion. However, the extreme values of the aerodynamic load do not occur when the vehicle body is at its highest or lowest position. This phenomenon is primarily attributed to the mutual interference of airflow viscosity and the hysteresis effect in the flow field, leading to the formation of a substantial vortex near the wheel. Consequently, the aerodynamic coefficient at each horizontal position becomes inconsistent during the periodic rolling of the vehicle body.
Details
Keywords
Fusheng Xie, Ling Gao and Peiyu Xie
This paper examines the different features of China's economic development in different stages of economic globalization. The study finds that the investment- and export-based…
Abstract
Purpose
This paper examines the different features of China's economic development in different stages of economic globalization. The study finds that the investment- and export-based growth model drove China's high-speed economic growth between 2000 and 2007, which came into existence around 2000 when China plugged into the global production network.
Design/methodology/approach
This paper also finds that China slowed down to the New Normal because of the disruption to the socio-economic underpinnings of this growth model. As China adapts to and steers the New Normal, supply-side structural reforms can channel excess capacity to the construction of underground pipe networks in rural areas of central China and fix capital while advance rural revitalization.
Findings
At the same time, enterprises must strive to build a key component development platform for key component innovation and the standard-setting power in global manufacturing.
Originality/value
The establishment of a domestic production network integrating the integrated innovation-driven core enterprises and modular producers at different levels can satisfy the dynamic demand structure of China in which standardized demands and personalized demands coexist.
Details
Keywords
Since China’s “opening-up” in the late 1970s, Singapore has played a major role in enhancing China’s engagement with the world, especially in economic terms. This traditional…
Abstract
Purpose
Since China’s “opening-up” in the late 1970s, Singapore has played a major role in enhancing China’s engagement with the world, especially in economic terms. This traditional relationship is well manifested in the third government-to-government (G–G) project under the BRI, which is known as the Chongqing Connectivity Initiative (CCI). The purpose of this paper is to address the following question: despite Singapore’s initial reluctance to agree on a third G–G project with China, why did Singapore eventually decide to join the CCI?
Design/methodology/approach
This paper draws on archives of over 700 Chinese language media reports and over 400 English language media reports, as well as private interactions with scholars interested in Sino-Singapore relations and with both sides’ officials in charge of the CCI project.
Findings
The paper finds that it is the goal of connecting the region, along with the need to maintain Singapore’s relevance to China and the regional economy that led to Singapore’s participation in the third G–G project. This paper also uses this case to analyse the changes that are taking place in the bilateral economic relations.
Originality/value
Despite wide media coverage, op-ed commentaries and respective government statements, there are a limited number of academic studies on the rationale of the third G–G project and contemporary Sino-Singapore relations in the literature. The scholarship has not addressed the rationale for Singapore’s changing attitude towards CCI and the manner in which the CCI has improved cooperation (or upgraded cooperation to a broader and regional level).
Details
Keywords
Conglai Fan, Xinlei Cai and Jian Lin
Starting from the theoretical mechanism of profit sharing between finance and the real economy, this paper reviews and analyzes the profitability of China's banking industry and…
Abstract
Purpose
Starting from the theoretical mechanism of profit sharing between finance and the real economy, this paper reviews and analyzes the profitability of China's banking industry and makes a horizontal comparison with the banking industry of the United States, Japan, and Germany.
Design/methodology/approach
Based on the panel threshold model, it is found that there is a dual-threshold asymmetric effect between banking profit and the growth of real economy. When the net profit rate of the banking industry is lower than 0.491%, the increase in banking profitability will inhibit the growth of real economy due to profit grabbing; when the rate falls within the range of 0.491–0.801%, the increase in bank profitability is conducive to the growth of real economy.
Findings
Finance and the real economy are in the most comfortable symbiotic state; when the rate is higher than 0.801%, the continued increase in bank profitability will weaken the promotion effect of finance on the real economy, but bank profitability and the growth of real economy are still in a symbiotic state of positive promotion.
Originality/value
The promotion effect of China's bank profitability to the growth of real economy has shifted from the suboptimal state to the optimal range as a whole, which is attributed to the strong deleveraging and strict supervision of the Chinese government after 2016, the timely and decisive “stepping on the brakes”, pulling the financial sector back from the “illusion” caused by “self-circulated” profits and preventing it from harming the real economy.
Details