Most High-Speed Railway (HSR) station areas in China can be found at the urban periphery or in suburban areas, a phenomenon that has often been criticised. While debate about the influence these location choices have on the economic and sustainable development of cities rages on, little attention has been paid to the decision-making processes leading to these locations. This paper investigates these processes by comparing HSR stations in three cities: Shenzhen, Lanzhou and Jingmen. Our findings can help actors involved in making location choices develop awareness of different interests and create the conditions for successful development of HSR station areas.
Asset-backed securitization will greatly promote the sustainability of infrastructure construction and financing. However, there are quite limited researches conducted in this field. Given the project characteristics of infrastructure project securities, this paper proposes the issuance steps of redeemable asset-backed notes (ABN) based on the infrastructure project’s usufruct as the basic asset. Taking the expressway franchise as an example, the issuing scale and coupon rate of the redeemable ABN are determined by the expected cash flow of the expressway, the term structure of random interest rates, and the option-adjusted spread (OAS). In addition, this research analyzes the duration, convexity, and OAS.
AbstractChronic intestinal pseudo-obstruction (CIPO) is a functional gastrointestinal disorder with symptoms of ileus. CIPO can either be idiopathic or secondary to other diseases such as systemic lupus erythematosus (SLE). SLE is involved in many parts of the gastrointestinal system with variable clinical presentations. Reports about reduplicated CIPO as a complication of SLE is infrequent. A 49-year-old female suffering from clinical symptoms of ileus has been hospitalized 3 times over 1 year. Her examination results showed no observation of mechanical obstruction. In August 2017, she came to the nephrology department due to edema in both lower limbs along with symptoms of ileus. After thorough examination, she was diagnosed with secondary CIPO related to SLE. Results of renal biopsy confirmed to be lupus nephritis (Class III-(A) + V). The symptoms of ileus are gradually improved after treatment of full-dose intravenous corticosteroid for 5 days.
The reductase domains of neuronal NOS, endothelial NOS and two constitutive nitric oxide synthase (cNOS) share higher sequence similarity (>60%). In order to evaluate the role of ferredoxin‑NADP+ reductase (FNR) module in adjusting NOS catalytic activities, chimeras were by interchanging the FNR‑like module between endothelial NOS and neuronal NOS in the present study. The assays of steady‑state enzymatic activities for cytochrome c and ferricyanide reduction, NO synthesis and NADPH oxidation were performed spectrophotometrically. The two NOS FNR modules transferred their ferricyanide reductase character to the chimera enzymes. Results showed that the FNR module was important in adjusting electrons flow through the reductase domain and out of the FMN module. Results indicated that the FNR module was critical in controlling the electron transfer capacities of the FMN module.
After the promulgation and implementation of the "Bidding law", China launched its Tendering system, which plays an important role in promoting bidding activities on the standardization, ensuring quality, enhancing economic efficiency, preventing and controlling corruption. However, corruptions are still extensive and outstanding in the area of bidding. This article proceeds from current bidding situation and problems in China, applies the game analysis theory to the tenderees, the bidders as well as the audit departments. Finally, the recommendations are drawn to subsequent supervision before, in and after bidding on the basis of the aforesaid analysis.
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