In the past decades, the rapid development of the sports economy has become one of the most important factors in China’s economy. This research uses three mathematical models to predict the specific revenue of China's sports industry from 2024 to 2030. The Grey Theory Prediction Model and the recursive algorithm were used in previous research to make revenue forecasts. The research and comparison indicate a large difference between the real income and the predicted results of the models. This paper proposed a novel predicting method improved by the ARMAX-BP prediction model. The results show that the predicted result of ARMAX-BP is much more accurate than the first two models on the revenue forecast of the sports industry from 2010 to 2020. The prediction model can help sports investors plan their careers and investments precisely.

With an emphasis on the e-commerce industry specifically, this paper examines the revolutionary role that data analytics and technological innovation play in enhancing the customer experience and streamlining e-commerce operations. It explores the ways in which cutting-edge technologies, including big data, augmented reality, virtual reality, and artificial intelligence, can be leveraged to precisely understand consumer preferences in order to provide engaging, effective, and personalized shopping experiences. The study emphasizes how these technologies are revolutionizing front-end consumer interactions with personalized product recommendations, immersive shopping experiences, and instant customer service, while also improving back-end operations like inventory management and supply chain optimization. Using Chewy.com as an example, this paper explores technology applied in virtual and augmented reality and artificial intelligence in pet e-commerce and demonstrates how their integration with technology indicates great benefits toward consumer needs, business growth, and competitive leverage within the dynamism of e-commerce. The aim of this paper is to aid e-commerce practitioners in capturing the most out of data and technology for business models, customer satisfaction, and market positioning in an ever-increasing digital market.

Currently local government debt is a major concern for all sectors of society, but there is still a debate about the relationship between local government debt and social welfare. This paper addresses the question of the impact of local debt and social welfare in China, using a case study of data from Zhejiang and Anhui from 2014-2019 to qualitatively analyze the impact of local debt and social welfare in four dimensions: consumption, infrastructure, education, and health. The results found that: first, the growth of local debt has an inverted U-shaped impact on residents' welfare, which is manifested in the fact that before the size of local debt reaches the critical value, the increase of local debt can enhance social welfare, but after exceeding the critical value, the increase of local debt makes social welfare decline; second, in terms of sub-welfare index factors, there are different correlation degrees between different factors and the indicators of local debt, and thus have different characteristics of development at different stages are characterized by different developments.

This essay explores the pervasive challenge of asymmetric information in healthcare, where the ideal of transparent markets often conflicts with the reality of information disparity. This essay analyzes critical sources, including academic papers and industry insights, and delineates the far-reaching impacts of asymmetric information on healthcare delivery and economics. The paper underlines the urgent need for comprehensive solutions to bridge the information gap and foster equitable access to healthcare. The research employs a multifaceted methodology, encompassing surveys, interviews, and literature reviews, to dissect asymmetric information in pivotal healthcare domains. The findings emphasize the necessity of improving doctor-patient communication, enhancing access to accurate medical insights, and incentivizing transparent information sharing for a healthcare landscape characterized by fairness and informed decision-making. The essay concludes by advocating for collaborative efforts involving policymakers, healthcare professionals, researchers, and consumers to realize a healthcare system free from the constraints of asymmetric information. Future research should delve into the long-term effects of improved information dissemination, the role of technology, and the behavioral economics aspects of healthcare decision-making.

This paper investigates the significant role of political decisions and institutional frameworks in shaping global economic dynamics. It critically assesses the interconnections between political stability, regulatory policies, and economic growth, emphasizing how these elements influence investment decisions and market efficiency. By exploring the ramifications of trade agreements and protectionism, the study illustrates their profound impact on international trade and domestic economies. It analyzes how stable political environments contribute to robust economic policies, while political unrest can lead to economic downturns. The paper further examines the role of institutional frameworks in enforcing or undermining economic stability, where strong institutions foster economic growth and weak ones may cause volatility and inefficiency. Drawing on empirical evidence and theoretical models, this comprehensive analysis underscores the delicate balance required in policy-making to enhance economic stability and growth in an interconnected global economy. This study aims to provide policymakers and scholars with deeper insights into how political and institutional mechanisms interact to shape economic landscapes, thus aiding in the formulation of strategies that promote sustainable economic development.

Chinese small and medium-sized enterprises (SMEs) are an important force in the development of the national economy and society. Therefore, adjusting the management concept and improving the management level through innovative management mode has become an important task for the survival and development of contemporary Chinese SMEs. This paper is divided into three parts; the first part introduces the theory related to management innovation, the role of management innovation and the driving factors of management innovation. The second part introduces the concepts and theories related to the transformation and upgrading of SMEs. The third part combines the content of the first two parts and summarizes three paths for Chinese SMEs to realize transformation and upgrading under the perspective of management innovation, which are the transformation and upgrading of processing trade to independent research and development, the transformation and upgrading of providing products to providing services, and the transformation and upgrading of product sales to brand marketing, which are the three specific directions. This study explores management innovation in SMEs, aiming to address their transformation and growth challenges by providing practical solutions. The research intends to contribute significantly to the development and success of SMEs within the national context.

China's economic development is at a unique stage of new-type transformation, with increasing demands for the quality of economic development. Environmental fiscal and tax policies are widely recognized as crucial tools for promoting enterprise transformation and green taxation. The 20th National Congress of the Communist Party of China proposed to "improve the fiscal, financial, investment, price policies, and standards that support green development." Fiscal policy is the foundation and important pillar of national governance, and the fiscal and tax system is a critical support and basic means to promote green and low-carbon development. This paper analyzes cross-sectional data from 31 provinces, autonomous regions, and municipalities in China for the year 2022. By constructing and testing an OLS regression model, the study uses the environmental tax as a representative of the tax regulation for green development of enterprises, analyzing its influencing factors and effects. The paper provides relevant suggestions for enterprise green transformation and tax avoidance based on literature review and model results.

Based on the current imperfect regulatory system for non-legal digital currencies in China, this article focuses on the regulation of non-legal digital currencies, exploring regulatory paths and models suitable for China’s national conditions based on the regulatory experiences of typical foreign countries. The renowned law and economics theory framework—the Coase-Meade framework—is adopted to analyze the overall regulatory model of non-legal digital currency regulation abroad. Firstly, based on the applicability value of the Coase-Meade framework to the subject of this study, typical countries such as Germany, the United States, the United Kingdom, Japan, and South Korea are analyzed under the Coase-Meade framework’s prohibition and transaction rules, property rules, and liability rules to clarify their legal characterization of non-legal digital currencies and explore regulatory paths in terms of legal, financial, and technological regulation. Next, the characteristics of foreign regulatory models are reviewed, including scenario-based regulation, centralized regulation, and categorized regulation. Finally, drawing on China’s current prohibition stance and overseas practical experience, the article preliminarily clarifies the legal attributes of non-legal digital currencies. Then, it constructs a regulatory framework suitable for the country from the perspectives of principles, priorities, and methods based on the chosen paths of typical countries. Additionally, it emphasizes the clarity of regulatory responsibilities for regulatory agencies and the establishment of other self-regulatory bodies to enhance the coordination of domestic regulatory entities. Furthermore, it actively explores international cooperation to strengthen international coordination in regulation, enhancing China’s international influence and discourse power.

This paper analyses the development of the Disney Company since its founding in 1923, discusses the evolution of its main business, the risks, and opportunities it faces, and looks forward to the future development direction of Disney. As a giant in the global entertainment industry, Disney has successfully grown from a single animation studio to a global enterprise with diversified businesses including media networks, theme parks and resorts, consumer products business, and film and television entertainment services. The article provides a detailed analysis of how Disney has maintained its business growth and market competitiveness by adapting to digital transformation and globalization challenges while continuously expanding its IP library and strengthening its industry leadership through M&A strategies. It also explores Disney's risk management strategies in the face of global economic volatility, digital transformation challenges and intellectual property protection, as well as new opportunities arising from global expansion, technological innovation, and cross-border cooperation. Through a comprehensive analysis of Disney, this paper aims to provide a case study on how innovation and strategy can achieve sustainable business development in the era of globalization and digitalization.

To explore the manifestations and formation mechanisms of the professional dilemmas faced by community workers, this study is based on Constructivist Grounded Theory and employs methods such as interviews and literature analysis to investigate the connotation and structure of these professional dilemmas. The study finds that they encompass four dimensions: interpersonal relationships, job burnout, future development, and psychological barriers. It proposes a model of the formation path of professional dilemmas for Chinese community workers, emphasizing that institutional regulations, social support and understanding, as well as the individual role positioning and professional cognition of community workers, influence the formation of their professional dilemmas. Based on this, the study discusses recommendations such as the government promoting the construction of institutional systems, the community atmosphere strengthening humanistic care, community organization construction focusing on professionalism, and society enhancing external recognition. The research results have expanded new areas in the study of community workers' professional dilemmas and laid an important foundation for an in-depth analysis of the professional dilemmas of community workers under a multidimensional social system including government policies and community resources.