Innovation Institution and Spatial Transfer of Energy Industry: The Case of Jiangsu Province, China

This study aims to explore the effect of innovation institution on spatial transfer of energy industry in Jiangsu, China. We focus on the disparity of innovation and energy industry, and analyze the spatial transfer difference in different types of energy industry, rather than view energy industry as a whole. The study demonstrates the spatial change of energy industry at regional level and maps the spatial pattern at city level. The study chooses intellectual property rights (IPRs) protection intensity, authorization patents and local research and development (R&D) investment as the proxy of innovation. Using official data and employing panel fixed-effect model at city-industry level, we conclude (a) innovation abilities significantly influence the spatial transfer of energy industry in Jiangsu. Especially, due to the different time, IPRs protection, patent counts, and R&D investment have different effects on different regions in Jiangsu; (b) 2010 is an important turning point for energy industry development in Jiangsu, and after 2010, the energy industry begins to shift to the middle and northern Jiangsu, whereas the spatial pattern of energy industry in coastal cities is basically unchanged; (c) there is a great difference between the regions in Jiangsu Province, and industrial upgrading has not been achieved in northern Jiangsu

Prevalence of the metabolic syndrome in Chinese adolescents

Since national figures on the occurrence of metabolic syndrome among Chinese adolescents are lacking, this study aims to estimate its prevalence and distribution among Chinese youngsters. The 2002 China National Nutrition and Health Survey is a nationally representative cross-sectional study. Applying the criteria for US adolescents, we estimated the prevalence of metabolic syndrome among 2761 adolescents aged 15 to 19 years. The prevalence of metabolic syndrome among Chinese adolescents overall was 3·7% (10% in US adolescents). It was 35·2 %, 23·4% and 2·3% among adolescents who were overweight (BMI $95th percentile), at risk of overweight (BMI between 85th and 95th percentile) and normal weight (BMI below the 85th percentile), respectively. Urban boys had the highest rate (5·8$85th percentile and one or two parent(s) with metabolic syndrome, the prevalence was 46·4 %. A total of 96% of overweight adolescents had at least one and 74·1% overweight adolescents had at least two abnormalities of metabolic syndrome. Based on these figures, it is estimated that more than three million Chinese adolescents have metabolic syndrome. Both overweight and metabolic syndrome prevalence among adolescents are still relatively low in China, but the prevalence of metabolic syndrome among Chinese overweight adolescents is similar to those living in the USA

Towards Operational Hedging for Logistics Uncertainty Management in Prefabrication Construction

published_or_final_version15th IFAC Symposium on Information Control Problems in Manufacturing (INCOM 2015), Ottawa, Canada, 11-13 May 2015. In IFAC-PapersOnLine, 2015, v. 48, p. 1128-113

Computational intelligent hybrid model for detecting disruptive trading activity

The term “disruptive trading behaviour” was first proposed by the U.S. Commodity Futures Trading Commission and is now widely used by US and EU regulation (MiFID II) to describe activities that create a misleading appearance of market liquidity or depth or an artificial price movement upward or downward according to their own purposes. Such activities, identified as a new form of financial fraud in EU regulations, damage the proper functioning and integrity of capital markets and are hence extremely harmful. While existing studies have explored this issue, they have, in most cases, either focused on empirical analysis of such cases or proposed detection models based on certain assumptions of the market. Effective methods that can analyse and detect such disruptive activities based on direct studies of trading behaviours have not been studied to date. There exists, accordingly, a knowledge gap in the literature. This paper seeks to address that gap and provides a hybrid model composed of two data-mining-based detection modules that effectively identify disruptive trading behaviours. The hybrid model is designed to work in an on-line scheme. The limit order stream is transformed, calculated and extracted as a feature stream. One detection module, “Single Order Detection,” detects disruptive behaviours by identifying abnormal patterns of every single trading order. Another module, “Order Sequence Detection,” approaches the problem by examining the contextual relationships of a sequence of trading orders using an extended hidden Markov model, which identifies whether sequential changes from the extracted features are manipulative activities (or not). Both models were evaluated using huge volumes of real tick data from the NASDAQ, which demonstrated that both are able to identify a range of disruptive trading behaviours and, furthermore, that they outperform the selected traditional benchmark models. Thus, this hybrid model is shown to make a substantial contribution to the literature on financial market surveillance and to offer a practical and effective approach for the identification of disruptive trading behaviour

Studies on antioxidant capacity of anthocyanin extract from purple sweet potato (Ipomoea batatas L.)

The radical scavenging effects by α,α-diphenyl-β-picrylhydrazyl (DPPH) and superoxide anions of anthocyanin extract from purple sweet potato were investigated. The antioxidation experiments showed that the reducing power of the anthocyanin extract reduced 0.572 at 0.5 mg/ml, while those of Lascorbic acid (L-AA) and butylated hydroxytoluene (BHT) reduced 0.460 and 0.121, respectively. They also displayed potent antioxidant effects against the DPPH radical and superoxide anions radical, showing the IC50 values of 6.94 and 3.68 μg/ml, respectively. Moreover, this anthocyanin extract also could significantly inhibit the formation of lipid peroxidation compound. Sixteen kinds of anthocyanins in purple sweet potato were detected by high-performance liquid chromatography with diode-array detection (HPLC-DAD), and most of the anthocyanins were acylated.Key words: Antioxidant activity, anthocyanins, purple sweet potato