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Scientific Article details

Title Exploring Business Environment Policy Changes in China Using Quantitative Text Analysis
ID_Doc 78078
Authors Hu, SG; Wu, XC; Cang, YL
Title Exploring Business Environment Policy Changes in China Using Quantitative Text Analysis
Year 2024
Published Sustainability, 16, 5
DOI 10.3390/su16052159
Abstract A conducive business environment is crucial for establishing a sustainable market economy. This paper aims to quantitatively analyze the evolution of China's business environment policy, offering valuable insights for future optimization. Focusing on 1335 national-level business environment policies from 2006 to 2023, this study employed a social network analysis (SNA) and the latent Dirichlet allocation (LDA) model to investigate policy changes in terms of the issuing rhythm, collaborating departments, and policy attention. The findings reveal: (1) China has established a mature policy system for its business environment, with both an increasing number and improving impact of related policies. (2) A governance network of the business environment has gradually formed, with the participation of differentiated departments and the domination of one central unit, ensuring efficient collaboration and clear instruction. (3) The attention of the business environment policy has shifted from attracting foreign investment and developing the industrial chain to simplifying bureaucratic approval procedures, smoothing trade circulation, and ensuring legal reliability. This paper's results serve as an empirical contribution to the field of business environment policy research.
Author Keywords business environment; policy change; text analysis; network analysis; latent Dirichlet allocation (LDA); sustainable market economy
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:001182967800001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
PDF https://www.mdpi.com/2071-1050/16/5/2159/pdf?version=1709636904
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