The world economy needs a growth-lifting strategy, and infrastructure financing seems to hold the key. Based on the New Structural Economics (Lin, 2010; 2012) we discuss the heterogeneity of capital focusing on the long-term versus short-term orientation (STO). Traditional neoliberalism assumes that capital is homogenous, complete capital account liberalization is “beneficial”. However, previous studies have found evidence of long-term orientation (LTO) in the culture of many Asian economies (Hofstede, 1991). In this exploratory paper, we suggest that the LTO can be considered a special endowment which, under certain circumstances, can be developed into a comparative advantage (CA) in patient capital. If these countries can turn their latent CA into a revealed CA in patient capital, and develop the ability to “package” profitable and non-profitable projects in meaningful ways, they would have a “revealed” competitive advantage in infrastructure financing. The ability to “package” public infrastructure and private services is one of the key institutional factors for success in overseas cooperation.

Against the backdrop of anti-globalization rhetoric, this paper summarizes our joint book entitled Going Beyond Aid (Lin and Wang, 2017a) and discusses the prospects for development finance in the broad context of Belt and Road Initiative (BRI). Based on the New Structural Economics (Lin, 2010; 2011), here we focus on China’s demonstrated comparative advantages in infrastructure, e.g. in hydropower and high-speed railways (HSR). In addition, long-term orientation (LTO) and patient capital are latent comparative advantages that many Asian economies possess, and are critical for the Belt and Road Initiative. Only if these comparative advantages are utilized can these economies cooperate to potentially achieve win-win.

The main reason for the formation of nano-biotechnology is due to the penetration of nanotechnology in the biological field, nanotechnology research center is the study of nano-drug carrier. Nano-drug system targeted drug delivery to achieve drug release, increase the insoluble drugs and peptide drug bio-efficiency, reduce the toxicity and application of drugs and other aspects of the development of good prospects, and thus become one of the key research in recent years’ field. Synthesis and application of nanometer drug carriers this review is presented in recent years and its application to provide a comprehensive basis for the treatment process. Describes the nature and preparation of nano-drug carrier methods, in recent years, people have been widely concerned by scholars. Compared with the nano-drug delivery, the general pharmaceutical cannot have to extend the role of drugs, strong efficacy, and the advantages of small drug response. Nano-materials, the specific surface area, surface activity, high catalytic efficiency, surface active center, adsorption capacity and other characteristics, which has many excellent features and new features.

Attempts were made in the present study to design and develop skeletally modified ether linked tetraglycidyl epoxy resin (TGBAPSB), which is subsequently reinforced with different weight percentages of amine functionalized mullite fiber (F-MF). The F-MF was synthesized by reacting mullite fiber with 3-aminopropyltriethoxysilane (APTES) as coupling agent and the F-MF structure was confirmed by FT-IR. TGBAPSB reinforced with F-MF formulation was cured with 4,4’-diamino diphenyl methane (DDM) to obtain nanocomposite. The surface morphology of TGBAPSB-F-MF epoxy nanocomposites was investigated by XRD, SEM and AFM studies. From the study, it follows that these nanocomposite materials offer enhancement in mechanical, thermal, thermo-mechanical, dielectric properties compared to neat (TGBAPSB) epoxy matrix. Hence we recommend these nanocomposites for a possible use in advanced engineering applications that require both toughness and stiffness.

Forest transition is a trend change process from decreasing to increasing forest area in a country or region. Since the 1990s, ecological and environmental problems such as climate change and loss of biodiversity have received constant attention. The research theory and method of forest transformation has gradually become the frontier and hot topic pursued by international academic circle. With forest transformation as the theme, on the basis of introducing the origin of forest transformation research, along the development vein and internal logic of forest transformation research, this paper reviews the research progress of forest transition theory from the perspectives of Kuznets curve of forest environment and forest transition path, and summarizes the major issues in forest transformation research. The main direction of future research is proposed, including the impact of economic globalization on forest transition, the refinement of research units and the analysis of forest quality transition.

Flash flood is one of the major natural hazards in China. It seriously threatens the lives of people and property in mountainous areas. Various methods have been developed for flash flood study, but most of them focused on the past few decades. As one of the effective methods of historical flash flood events reconstruction, dendrogeomorphology has been used worldwide. It can provide hazard information with long temporal scale and high temporal resolution, sometimes at the seasonal level. By comparing tree ring width and other growth characteristics between disturbed and undisturbed trees, growth disturbance signals can be found in the disturbed trees. Using the growth disturbance in tree rings, flash flood events can be dated, and then the frequency, size, and spatial distribution characteristics of flash floods that have no or little documentary records can be reconstructed. The discharge of flash flood can be reconstructed quantitatively according to the height of scars or by using hydraulic models. With the development of dendrogeomorphology, research tends to probe into the meteorological driving mechanism of flash floods and the pattern of flash floods on a larger spatial scale. In the practical application of dendrogeomorphology, more instrumental data and historical records are applied in the studies. This makes the method increasingly more widely used around the world. But work based on dendrogeomorphology has not been reported in China. In this article, we reviewed the development of the study on flash floods based on tree ring, briefly summarized the research progress, and discussed the advantages, limitations, and potential of this approach, so as to provide some reference information for relevant work in China.