In July 2021, The Ministry of Education the PRC published “Opinions on Further Reducing Burden Homework and Off-campus Training for Students in Compulsory Education” (also known as “double reduction policy”), which includes restrictions after-school training industry, homework burden, so on. This essay summarizes economic impacts this policy, including institutions, employment, distribution exp...

The integration of wind power into power grid will bring some impacts on the multiple subjects of electric power system. Economic impacts of wind power integration on multiple subjects of China’s electric power system were quantitatively assessed from Quasi-public goods property perspective in this paper. Firstly, the Quasi-public goods property of transmission services provided by power grid c...