Contents -- Preface -- Part 1: Current Issues in China's Economic Development -- Fundamental Theory and Research Methodologies for Fictitious Economy Siwei Cheng -- 1. Introduction -- 2. Initiation and Development of Fictitious Capital -- 2.1. Karl Marx's fictitious capital theory -- 2.2. The definition of fictitious capital -- 2.3. Main types of fictitious capital -- 3. Definition and Features of Fictitious Economy -- 3.1. Development process of fictitious economy -- 3.2. Movement principle of fictitious capital -- 3.2.1. Exchange-re-exchange is the main movement process of fictitious capital -- 3.2.2. Uncertainty of the price of fictitious capital makes the speculation possible -- 3.2.3. The expansion of fictitious capital brings related risks -- 3.3. Features of fictitious economy system -- 3.3.1. Complexity -- 3.3.2. Metastability -- 3.3.3. High-risk -- 3.3.4. Parasitism -- 3.3.5. Periodicity -- 4. Research Fields of Fictitious Economy -- 4.1. The relationship between fictitious economy and real economy -- 4.2. Institutional factors in fictitious economy activity -- 4.3. Generation and precaution of risk in fictitious economy -- 4.4. Evaluation system of fictitious economy -- 5. Research Methodology of Fictitious Economy -- 5.1. Complexity science methodology -- 5.2. Decision making method under uncertainty -- 5.3. Group decision making method -- 5.4. Complex data analysis for decision support -- 5.5. Mathematical finance methods -- 5.6. Computer simulation methods -- References -- Mutual Funds Performance Evaluation Based on Endogenous Benchmarks Xiujuan Zhao, Shouyang Wang, Wuyi Yue and Hong Yan -- 1. Introduction -- 2. Measures for Risk and Excess Return -- 2.1. Excess return -- 2.2. Risks -- 3. Modeling -- 3.1. Related models -- 3.2. Proposed model -- 4. Empirical Study -- 4.1. Data -- 4.2. Ranking -- 4.3. Management information.

4.4. Comparison with other methods -- 5. Conclusions -- References -- Structural Breaks, Adaptive Expectations, and Risk Premium: The Information Content in the Mispricing of the USD/RMB Forward Rates Rong Chen and Zhenlong Zheng -- 1. Introduction -- 2. Literature Review -- 3. Definition and Data -- 3.1. The definition of the USD/RMB forward basis -- 3.2. Data -- 4. The Theoretical Analysis -- 5. Empirical Study I: Does the CIP Hold? -- 6. Empirical Study II: Rational Expectations and Risk Premium -- 7. Empirical Study III: Adaptive Expectations and Predictability -- 8. Conclusion -- References -- Part 2: Management Innovations -- The Chinese ManagementMode in the Era of Globalization Shaochun Xu -- 1. Major Transformation Faced by China and Chinese Enterprises -- 2. Review of 30 Years of Chinese Management and Fledgling Chinese Management Mode -- 2.1. Stage I: 1978-1984, period of management enlightenment -- 2.2. Stage II: 1985-1993, period of system innovation -- 2.3. Stage III: 1994-2000, period of Chinese-Western fusion -- 2.4. Stage IV: 2001-2004, period of compliance with international practices -- 2.5. Stage V: 2005-2008, budding period of Chinese management mode -- 3. Content of the Chinese Management Mode in the Era of Globalization -- 3.1. Reconstruction of modern Chinese ethical philosophy -- 3.2. Introducing, digesting, and creating innovatively modern management thinking -- 3.3. Creating successful management practice of Chinese enterprises -- 4. Successful Management Practice System -- 5. Cases of Chinese Management Mode -- 5.1. The "harmonious and different" organization management and control mode of China Merchants Holdings (Hong Kong) Limited -- 5.2. "Gree Standards" of Gree Air-Conditioners -- 6. Sharing the Secrets of the Chinese Management Mode -- References.

Global Competency Leadership and an Empirical Study of Chinese Managers Shuming Zhao -- 1. Introduction -- 2. What Is Global Competency Leadership? -- 3. The Internationalization of Chinese Enterprises and the Development of Global Competency Leadership -- 3.1. The challenges facing Chinese companies going global -- 3.2. The key issues in the development of global competency leaders for Chinese companies -- 4. Research Questions and Analysis -- 4.1. Methods -- 4.2. Data -- 4.3. Procedure -- 4.4. Measures -- 4.5. Analysis -- 4.6. Results -- 4.6.1. The comparisons of differences among managers -- 4.7. The relationship between managers' performances and competences -- 5. The Practice of Global Competency Leadership Development -- 5.1. The approaches of developing global competency leadership -- 5.2. The main contents of global competency leadership development -- 5.2.1. Language ability training -- 5.2.2. Professional ability training -- 5.2.3. Cross-cultural training -- 5.2.4. Global vision training -- 6. Conclusion -- References -- Enhance Government Public Management by Learning from US Successful Experiences Chuanhong Wang -- 1. Introduction -- 2. Essential Experiences in the US Government Public Management -- 2.1. Priority given to the "people-oriented" conception (cunshan) -- 2.2. Active role in macro management -- 2.3. Scientific public affairs management -- 2.4. Scientific innovation-source of development -- 2.5. Emphasis on government efficiency -- 3. Enlightenments on Government Public Management -- 3.1. Transform government functions and build a "limited responsibility government" -- 3.2. Stick to the "people-oriented" conception and pay close attention to people's livelihood -- 3.3. Improve decision-making mechanism based on scientific process -- 3.4. Encourage independent innovation and increase competitiveness.

3.5. Improve management methods and administrative efficiency -- 4. Conclusions -- References -- Research on the Earnings Management of Chinese Listed Companies Based on Congitive Reference Points Yanxi Li and Youhui Zhang -- 1. Introduction -- 2. Literature Review -- 2.1. Cognitive reference points -- 2.2. Previous researches on earnings management based on cognitive reference points -- 2.3. Expected frequencies of numbers in a certain position -- 3. Research Design -- 3.1. Hypotheses development -- 3.2. Selection of sample and accounting title -- 3.3. Hypotheses testing method -- 4. Results -- 4.1. Frequencies of the second digits -- 4.2. Frequencies of the third digits -- 5. Conclusions -- References -- Part 3: Globalization of Chinese Enterprises -- Study of the Life Cycle of Small- and Medium-Sized Enterprises Based on External Environmental Perspective Xiaohong Chen and Yu Cao -- 1. Introduction -- 2. Literature Review -- 3. The Comparative Analysis of the Life Cycle of SMEs' Status Quo in Five Chinese Metropolises -- 4. The Model Fitting of the Status of the Five Metropolises' SMEs' Life Cycle -- 5. The Empirical Research of SMEs' Life Cycle and External Environment Relation -- 6. Conclusion -- References -- Study on Identification of Product Life Cycle Based on Fuzzy Diagnosis Model Hong Zhao, Zheng-Yang Zhao and Yuan Jiang -- 1. Introduction -- 2. Overview of Product Life Cycle Literature -- 2.1. Product life cycle and its stage divisions -- 2.2. Identification models and methods of the product life cycle -- 3. Indexes for Product Life Cycle Identification -- 3.1. Basic assumptions for identification of product life cycle -- 3.2. Selections of indexes for product life cycle identification -- 3.3. Characteristics of product life cycle indicators at various stages -- 4. Improved Fuzzy Evaluation Model for Product Life Cycle.

4.1. Model formulation -- 4.2. Fuzzy diagnosis model of product life cycle -- 4.3. Fuzzy identification and analysis -- 5. Empirical Application -- 6. Limitation and Further Research -- References -- Mobile Communication Enterprises Competition Model and Strategies Analysis Considering Difference of Product Quality Ze Ye, Zhen Zhou and Caihong Chang -- 1. Introduction -- 2. Bertrand Paradox of China's Mobile Communication Market -- 3. Reasons of Bertrand Paradox in China's Mobile Communication Market -- 4. Model and Analysis of Two Oligarchies Competition Considering Difference of Product Quality -- 5. Model of Two Oligarchies Competition for Mobile Communication Market Considering Difference of Product Quality -- 6. Analysis of the Two Oligarchies Competition Model of Mobile Communication Market in China -- 6.1. Price change -- 6.2. Demand or market share change -- 6.3. Profit change -- 6.4. Operation strategy change -- 6.5. Effects of switching cost and time dimension -- 7. Evaluation and Suggestions of Competition Strategy for Mobile Communication Enterprises -- 8. Evaluation of Competition Model and Strategy for Mobile Communication Enterprise -- 8.1. Explanation on operation states of China Mobile and China Unicom based on the model above -- 8.2. Operation strategy of the two enterprises in line with the conclusions of the model -- 9. Suggestions to the Competition Strategies in China's Mobile Communications Enterprises -- 9.1. Strategy adjustment in difference of product quality -- 9.2. To expand consumer's preference to the difference of quality -- 10. Summary -- Acknowledgments -- References -- Building Chinese "World-Class Enterprises": The Advantages, Paths, and Strategy Choices Hailin Lan -- 1. Introduction -- 2. Theoretical Background -- 2.1. The concept of WCE -- 2.2. Country-specific advantages -- 2.2.1. Cost advantage.

2.2.2. Large markets scale.