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In service, the periodic clashes of wheel flat against the rail result in large wheel/rail impact force and high-frequency vibration, leading to severe damage on the wheelset, rail and track structure. This study aims to analyze characteristics and dynamic impact law of wheel and rail caused by wheel flat of high-speed trains.

A full-scale high-speed wheel/rail interface test rig was used for the test of the dynamic impact of wheel/rail caused by wheel flat of high-speed train. With wheel flats of different lengths, widths and depths manually set around the rolling circle of the wheel tread, and wheel/rail dynamic impact tests to the flats in the speed range of 0–400 km/h on the rig were conducted.

As the speed goes up, the flat induced the maximum of the wheel/rail dynamic impact force increases rapidly before it reaches its limit at the speed of around 35 km/h. It then goes down gradually as the speed continues to grow. The impact of flat wheel on rail leads to 100–500 Hz middle-frequency vibration, and around 2,000 Hz and 6,000 Hz high-frequency vibration. In case of any wheel flat found during operation, the train speed shall be controlled according to the status of the flat and avoid the running speed of 20 km/h–80 km/h as much as possible.

The research can provide a new method to obtain the dynamic impact of wheel/rail caused by wheel flat by a full-scale high-speed wheel/rail interface test rig. The relations among the flat size, the running speed and the dynamic impact are hopefully of reference to the building of speed limits for HSR wheel flat of different degrees.

This paper aims to analyze the bearing characteristics of the high speed train window glass under aerodynamic load effects.

In order to obtain the dynamic strain response of passenger compartment window glass during high-speed train crossing the tunnel, taking the passenger compartment window glass of the CRH3 high speed train on Wuhan–Guangzhou High Speed Railway as the research object, this study tests the strain dynamic response and maximum principal stress of the high speed train passing through the tunnel entrance and exit, the tunnel and tunnel groups as well as trains meeting in the tunnel at an average speed of 300 km·h-1.

The results show that while crossing the tunnel, the passenger compartment window glass of high speed train is subjected to the alternating action of positive and negative air pressures, which shows the typical mechanic characteristics of the alternating fatigue stress of positive-negative transient strain. The maximum principal stress of passenger compartment window glass for high speed train caused by tunnel aerodynamic effects does not exceed 5 MPa, and the maximum value occurs at the corresponding time of crossing the tunnel groups. The high speed train window glass bears medium and low strain rates under the action of tunnel aerodynamic effects, while the maximum strain rate occurs at the meeting moment when the window glass meets the train head approaching from the opposite side in the tunnel. The shear modulus of laminated glass PVB film that makes up high speed train window glass is sensitive to the temperature and action time. The dynamically equivalent thickness and stiffness of the laminated glass and the dynamic bearing capacity of the window glass decrease with the increase of the action time under tunnel aerodynamic pressure. Thus, the influence of the loading action time and fatigue under tunnel aerodynamic effects on the glass strength should be considered in the design for the bearing performance of high speed train window glass.

The research results provide data support for the analysis of mechanical characteristics, damage mechanism, strength design and structural optimization of high speed train glass.

A standalone microgrid (MG) is able to use local renewable resources and reduce the loss in long distance transmission. But the single-phase device in a standalone MG can cause the voltage unbalance condition and additional power loss that reduces the cycle life of battery. This paper proposes an energy management strategy for the battery/supercapacitor (SC) hybrid energy storage system (HESS) to improve the transient performance of bus voltage under unbalanced load condition in a standalone AC microgrid (MG).

The SC has high power density and much more cycling times than battery and thus to be controlled to absorb the transient and unbalanced active power as well as the reactive power under unbalanced condition. Under the proposed energy management design, the battery only needs to generate balanced power to balance the steady state power demand. The energy management strategy for battery/SC HESS in a standalone AC MG is validated in simulation study using PSCAD/EMTDC.

The results show that the energy management strategy of HESS maintains the bus voltage and eliminates the unbalance condition under single-phase load. In addition, with the SC to absorb the reactive power and unbalanced active power, the unnecessary power loss in battery is reduced with shown less accumulate depth of discharge and higher average efficiency.

With this technology, the service life of the HESS can be extended and the total cost can be reduced.

China has fully capitalized on the opportunities presented by the latest wave of technological revolution and industrial transformation, paving the way for a path with Chinese characteristics in the development of the digital economy. This paper analyzes the development of China’s digital economy, outlining its path, advantages and challenges. It aims to provide insights into how China capitalized on technological and industrial transformation to foster a digital economy with distinct Chinese characteristics.

This paper adopts a descriptive analytical approach to outline the evolution of China’s digital economy through various stages of development. It highlights the pivotal role of market demand, the intricate government-market relations and technological advancements in shaping this evolution. The approach also identifies key factors that have contributed significantly to China’s success in digital economy development.

The key findings reveal that China’s digital economy has grown rapidly, driven by market demand, technological innovation and government support. The “Chinese path” prioritizes consumer internet, leverages scale advantages and emphasizes data-driven development. However, challenges exist in balancing governance systems, endogenous growth and external environments.

This paper offers original insights into the unique development path of China’s digital economy, highlighting its advantages and challenges. It provides valuable insights for other countries seeking to foster their own digital economies, especially in managing government-market relations and leveraging domestic market demand.

In this paper the interconnectedness among financial institutions and the level of systemic risks of four types of Chinese financial institutions are investigated.

By the means of RAS algorithm, the interconnection among financial institutions are illustrated. Different methods, including Linear Granger, Systemic impact index (SII), vulnerability index (VI), CoVaR, and MES are used to measure the systemic risk exposures across different institutions.

The results illustrate that big banks are more interconnected and hold the biggest scales of inter-bank transactions in the financial network. The institutions which have larger size tend to have more connection with others. Insurance and security companies contribute more to the systemic risk where as other institutions, such as trusts, financial companies, etc. may bring about severe loss and endanger the financial system as a whole.

Since other institutions with low levels of regulation may bring about higher extreme loss and suffer the whole system, it deserves more attention by regulators considering the contagion of potential risks in the financial system.

This study builds a valuable contribution by examine the systemic risks from the perspectives of both interconnection and tail risk measures. Furthermore; Four types financial institutions are investigated in this paper.

Under the global climate change, carbon footprint has become a hot issue at home and abroad. However, there is no consensus on the concept, measurement and application of carbon footprint.

In this paper, first, the concept and connotation of carbon footprint are reviewed; then, different methods of carbon footprint measurement are compared, and it is found that “bottom-up” life cycle assessment and “top-down” input–output analysis are applicable to different research scales.

Finally, the problems in the process of carbon footprint assessment in textile industry are analyzed and further research directions are proposed.

Analyzed and further research directions are proposed.

Both geometric and non-geometric parameters have noticeable influence on the absolute positional accuracy of 6-dof articulated industrial robot. This paper aims to enhance it and improve the applicability in the field of flexible assembling processing and parts fabrication by developing a more practical parameter identification model.

The model is developed by considering both geometric parameters and joint stiffness; geometric parameters contain 27 parameters and the parallelism problem between axes 2 and 3 is involved by introducing a new parameter. The joint stiffness, as the non-geometric parameter considered in this paper, is considered by regarding the industrial robot as a rigid linkage and flexible joint model and adds six parameters. The model is formulated as the form of error via linearization.

The performance of the proposed model is validated by an experiment which is developed on KUKA KR500-3 robot. An experiment is implemented by measuring 20 positions in the work space of this robot, obtaining least-square solution of measured positions by the software MATLAB and comparing the result with the solution without considering joint stiffness. It illustrates that the identification model considering both joint stiffness and geometric parameters can modify the theoretical position of robots more accurately, where the error is within 0.5 mm in this case, and the volatility is also reduced.

A new parameter identification model is proposed and verified. According to the experimental result, the absolute positional accuracy can be remarkably enhanced and the stability of the results can be improved, which provide more accurate parameter identification for calibration and further application.

This study aims to investigate whether firms purchase directors' and officers' liability (D&O) insurance when the country-level economic policy uncertainty (EPU) is high.

This study uses D&O insurance data from Chinese listed firms between 2003 and 2019 to conduct regression analyses to examine the association between D&O insurance and EPU.

The results show that government EPU, despite being an exogenous factor, increases the likelihood of firms' purchasing D&O insurance, and this effect is more pronounced when firms are exposed to great share price crash risk and high litigation risk, suggesting that firms intend to purchase D&O insurance possibly due to the accentuated stock price crash risk and litigation risk associated with EPU. In addition, the results indicate that the effect of EPU on the D&O insurance purchase decision is moderated by the provincial capital market development and internal control quality.

The study highlights the role of uncertain economic policies in shareholder approval of D&O insurance purchases.

The study enriches the literature on the determinants of D&O insurance purchases by documenting novel evidence that country-level EPU is a key institutional factor shaping firms' decisions to purchase D&O insurance.