Bank of China

Reducing antibiotics? experimental evidence from poultry farmers in China

Antibiotic overuse in the livestock sector has negative environmental implications and leads to bacterial resistance. We set up a randomized controlled trial in two locations in China among poultry farmers to evaluate the effects of a two-pronged approach: Providing micro- subsid...

Flexible Near-White Alternating-Current Electroluminescent Devices Based on a Screen-Printable Transparent Dielectric Ink

Abstract Flexible alternating-current electroluminescent (ACEL) devices are promising for patterned and mechanically compliant lighting, but integrating optical transparency, dielectric performance, and near-white emission within a simple printed structure remains challenging. He...

China’s Local Debt Reform for Fiscal Sustainability: Cost Reduction Effect and Allocative Boundary

State Council Document No. 43 and the revised Budget Law legally disclaimed Chinese local governments’ responsibility for the debts of the enterprises they own. Across 22,233 firm-year observations on 1686 listed firms from 2009 to 2023, the effective cost of debt of local state-...

Information-Bottlenecked Variational Autoencoder for Top- N Recommendation via Gating Mechanism

Generative models for top- \(N\) recommendation have garnered significant attention, with Variational Autoencoder (VAE) emerging as a promising approach for modeling user preferences. Yet, traditional VAE-based models encounter two major challenges: simplistic priors may cause po...

Trust-Aware Enterprise Credit Risk Prediction via Variational Autoencoder in Supply Chain Finance

The growing complexity of transaction networks, dynamic enterprise interactions, and rising financial uncertainties in modern supply chains have made accurate credit risk assessment for small and medium-sized enterprises (SMEs) in supply chain finance (SCF) a critical priority. H...