The evolution of the internet industry pattern has reshaped the employment ecology of industrial enterprises in an all-round way. With the intertwined creative and substitution effects, the transformation and reform of its employment model have become a core issue for the development of industrial economy and social stability. Taking Chinese industrial enterprises as the research object and relying on the relevant data of industrial employment from 1949 to 2024, this paper analyzes the differentiated impacts of different development stages of the internet industry on the employment scale and structural proportion of the overall industry and its sub-sectors such as mining and manufacturing from the perspectives of the three industrial sectors, urban non-private and private units. The study finds that the reshaping of China's industrial employment by the internet shows significant stage characteristics and industrial heterogeneity. Industrial employment has experienced a process from scale expansion to stabilization and adjustment with the development of the internet, and the decline is essentially a digitally driven structural optimization. There are significant differences in the employment development of industry in different types of urban units. Ultimately, the internet has driven the transformation of industrial employment from scale expansion to quality improvement, with flexibilization and high-skill orientation becoming the mainstream direction of the employment model.

In December 2023, the Hebei Securities Regulatory Bureau issued an administrative penalty decision to Pangda Group, confirming that the company had committed illegal acts such as false records in its annual reports for four consecutive years from 2019 to 2022, material omissions in its 2022 semi-annual report, and failure to disclose major litigation and arbitration matters in accordance with regulations, with a cumulative impact of 2.264 billion yuan on the total profit. As the first domestic automobile dealer group to list on the A-share market through an IPO, Pangda Group owned 1,429 4S stores at its peak, with a market value of up to 8.5 billion yuan. Its financial fraud acts included improper recognition of gains from debt restructuring, inflated gains from equity transfer, and failure to accrue provision for liabilities in accordance with regulations. The Hebei Securities Regulatory Bureau imposed a fine of 6.7 million yuan on Pangda Group and a total fine of 15.5 million yuan on 8 responsible persons, among whom the former chairman Huang Hong was fined 5 million yuan and subject to a lifelong securities market ban. This case exposed deep-seated problems such as defects in the company's internal governance and inadequate external supervision, which not only caused huge economic losses to investors but also seriously damaged the order of the capital market and the image of the automobile dealer industry. By in-depth analyzing the illegal facts, causes and impacts of Pangda Group's financial fraud case, this paper puts forward preventive countermeasures such as improving corporate internal governance, strengthening external supervision and enhancing investor protection, aiming to provide a reference for the prevention and governance of similar cases.

This study investigates the impact of the Russia-Ukraine conflict on Chinese enterprises' overseas energy investments, focusing on how geopolitical risks shape investment decisions. Using a Difference-in-Differences (DID) approach and data from 2014 to 2023, the research examines whether the conflict has driven Chinese firms to reallocate energy investments to mitigate disruptions to China's energy supply. The findings reveal a significant increase in China's energy investments in Belt and Road Initiative (BRI) countries, reflecting a strategic shift toward politically stable and economically viable regions, driven by risk aversion motives. This trend is consistent across various tests. The study also explores heterogeneity in investment behavior, state-owned enterprises and investments in new energy, particularly renewables. Mechanism analysis highlights China-host relations, infrastructure aid, and non-greenfield controls as key shift drivers. Research shows Chinese firms adopt risk-averse strategies to secure energy, offering insights for policymakers amid geopolitical market uncertainties.

This paper systematically analyzes the diverse presentation methods of Intangible Cultural Heritage (ICH) in terms of visual representation and the key operational mechanisms of digital dissemination. It explores the integration logic underlying their convergence and examines the inherent contradictions within this integration process, such as the tension between visual representation and authenticity, the disjunction between digital technology and cultural context, and dilemmas including data ownership disputes. Finally, corresponding countermeasures and recommendations are proposed from institutional, stakeholder, and technological perspectives.

Western Guangdong is a key region for coastal tourism development in Guangdong Province. With favorable development conditions, it possesses the potential to become a well-known coastal tourism destination of high international and domestic standards. Drawing on the successful experiences of internationally renowned coastal tourism destinations in areas such as top-level planning for tourism development, exploration of distinctive features, product development, marketing and promotion, facility and service provision, and sustainable development, this paper examines the practical circumstances of coastal tourism development in Western Guangdong. Based on this analysis, it proposes policy recommendations for promoting high-quality development of coastal tourism in the region from several perspectives, including industrial positioning and policy support, exploration of local characteristics and product development, brand building and multidimensional marketing, improvement of facilities and service quality, as well as ecological protection and sustainable development.