id	sid	tid	token	lemma	pos
fbem-31960	1	1	frontiers	frontier	NOUN
fbem-31960	1	2	in	in	ADP
fbem-31960	1	3	business	business	NOUN
fbem-31960	1	4	,	,	PUNCT
fbem-31960	1	5	economics	economic	NOUN
fbem-31960	1	6	and	and	CCONJ
fbem-31960	1	7	management	management	NOUN
fbem-31960	1	8	issn	issn	PROPN
fbem-31960	1	9	:	:	PUNCT
fbem-31960	1	10	2766	2766	NUM
fbem-31960	1	11	-	-	PUNCT
fbem-31960	1	12	824x	824x	NUM
fbem-31960	1	13	|	|	ADJ
fbem-31960	1	14	vol	vol	NOUN
fbem-31960	1	15	.	.	PROPN
fbem-31960	1	16	21	21	NUM
fbem-31960	1	17	,	,	PUNCT
fbem-31960	1	18	no	no	INTJ
fbem-31960	1	19	.	.	NOUN
fbem-31960	1	20	1	1	NUM
fbem-31960	1	21	,	,	PUNCT
fbem-31960	1	22	2025	2025	NUM
fbem-31960	1	23	39	39	NUM
fbem-31960	1	24	analysis	analysis	NOUN
fbem-31960	1	25	of	of	ADP
fbem-31960	1	26	the	the	DET
fbem-31960	1	27	growth	growth	NOUN
fbem-31960	1	28	potential	potential	NOUN
fbem-31960	1	29	of	of	ADP
fbem-31960	1	30	the	the	DET
fbem-31960	1	31	new	new	ADJ
fbem-31960	1	32	vehicle	vehicle	NOUN
fbem-31960	1	33	industry	industry	NOUN
fbem-31960	1	34	-a	-a	PART
fbem-31960	1	35	case	case	NOUN
fbem-31960	1	36	study	study	NOUN
fbem-31960	1	37	of	of	ADP
fbem-31960	1	38	byd	byd	PROPN
fbem-31960	1	39	ou	ou	PROPN
fbem-31960	1	40	xiao	xiao	PROPN
fbem-31960	1	41	,	,	PUNCT
fbem-31960	1	42	xiaoyu	xiaoyu	PROPN
fbem-31960	1	43	yang	yang	PROPN
fbem-31960	1	44	school	school	PROPN
fbem-31960	1	45	of	of	ADP
fbem-31960	1	46	management	management	NOUN
fbem-31960	1	47	,	,	PUNCT
fbem-31960	1	48	sichuan	sichuan	PROPN
fbem-31960	1	49	university	university	PROPN
fbem-31960	1	50	of	of	ADP
fbem-31960	1	51	science	science	PROPN
fbem-31960	1	52	&	&	CCONJ
fbem-31960	1	53	engineering	engineering	PROPN
fbem-31960	1	54	,	,	PUNCT
fbem-31960	1	55	yibin	yibin	PROPN
fbem-31960	1	56	,	,	PUNCT
fbem-31960	1	57	china	china	PROPN
fbem-31960	1	58	abstract	abstract	NOUN
fbem-31960	1	59	:	:	PUNCT
fbem-31960	1	60	with	with	ADP
fbem-31960	1	61	the	the	DET
fbem-31960	1	62	increasing	increase	VERB
fbem-31960	1	63	environmental	environmental	ADJ
fbem-31960	1	64	pollution	pollution	NOUN
fbem-31960	1	65	,	,	PUNCT
fbem-31960	1	66	china	china	PROPN
fbem-31960	1	67	has	have	AUX
fbem-31960	1	68	strengthened	strengthen	VERB
fbem-31960	1	69	environmental	environmental	ADJ
fbem-31960	1	70	protection	protection	NOUN
fbem-31960	1	71	and	and	CCONJ
fbem-31960	1	72	the	the	DET
fbem-31960	1	73	development	development	NOUN
fbem-31960	1	74	of	of	ADP
fbem-31960	1	75	new	new	ADJ
fbem-31960	1	76	energy	energy	NOUN
fbem-31960	1	77	sources	source	NOUN
fbem-31960	1	78	,	,	PUNCT
fbem-31960	1	79	leading	lead	VERB
fbem-31960	1	80	to	to	ADP
fbem-31960	1	81	continuous	continuous	ADJ
fbem-31960	1	82	improvements	improvement	NOUN
fbem-31960	1	83	in	in	ADP
fbem-31960	1	84	the	the	DET
fbem-31960	1	85	new	new	ADJ
fbem-31960	1	86	energy	energy	NOUN
fbem-31960	1	87	vehicle	vehicle	NOUN
fbem-31960	1	88	industry	industry	NOUN
fbem-31960	1	89	.	.	PUNCT
fbem-31960	2	1	the	the	DET
fbem-31960	2	2	rise	rise	NOUN
fbem-31960	2	3	in	in	ADP
fbem-31960	2	4	living	living	NOUN
fbem-31960	2	5	standards	standard	NOUN
fbem-31960	2	6	an	an	DET
fbem-31960	2	7	d	d	NOUN
fbem-31960	2	8	growing	grow	VERB
fbem-31960	2	9	environmental	environmental	ADJ
fbem-31960	2	10	awareness	awareness	NOUN
fbem-31960	2	11	have	have	AUX
fbem-31960	2	12	driven	drive	VERB
fbem-31960	2	13	significant	significant	ADJ
fbem-31960	2	14	growth	growth	NOUN
fbem-31960	2	15	in	in	ADP
fbem-31960	2	16	market	market	NOUN
fbem-31960	2	17	demand	demand	NOUN
fbem-31960	2	18	.	.	PUNCT
fbem-31960	3	1	since	since	SCONJ
fbem-31960	3	2	2009	2009	NUM
fbem-31960	3	3	,	,	PUNCT
fbem-31960	3	4	although	although	SCONJ
fbem-31960	3	5	china	china	PROPN
fbem-31960	3	6	's	's	PART
fbem-31960	3	7	new	new	ADJ
fbem-31960	3	8	energy	energy	NOUN
fbem-31960	3	9	vehicle	vehicle	NOUN
fbem-31960	3	10	industry	industry	NOUN
fbem-31960	3	11	has	have	AUX
fbem-31960	3	12	made	make	VERB
fbem-31960	3	13	significant	significant	ADJ
fbem-31960	3	14	progress	progress	NOUN
fbem-31960	3	15	and	and	CCONJ
fbem-31960	3	16	achieved	achieve	VERB
fbem-31960	3	17	the	the	DET
fbem-31960	3	18	world	world	NOUN
fbem-31960	3	19	's	's	PART
fbem-31960	3	20	largest	large	ADJ
fbem-31960	3	21	market	market	NOUN
fbem-31960	3	22	size	size	NOUN
fbem-31960	3	23	,	,	PUNCT
fbem-31960	3	24	it	it	PRON
fbem-31960	3	25	has	have	AUX
fbem-31960	3	26	also	also	ADV
fbem-31960	3	27	become	become	VERB
fbem-31960	3	28	the	the	DET
fbem-31960	3	29	most	most	ADV
fbem-31960	3	30	competitive	competitive	ADJ
fbem-31960	3	31	market	market	NOUN
fbem-31960	3	32	globally	globally	ADV
fbem-31960	3	33	,	,	PUNCT
fbem-31960	3	34	where	where	SCONJ
fbem-31960	3	35	domestic	domestic	ADJ
fbem-31960	3	36	brands	brand	NOUN
fbem-31960	3	37	face	face	VERB
fbem-31960	3	38	pressure	pressure	NOUN
fbem-31960	3	39	from	from	ADP
fbem-31960	3	40	international	international	ADJ
fbem-31960	3	41	companies	company	NOUN
fbem-31960	3	42	.	.	PUNCT
fbem-31960	4	1	this	this	DET
fbem-31960	4	2	study	study	NOUN
fbem-31960	4	3	takes	take	VERB
fbem-31960	4	4	byd	byd	PROPN
fbem-31960	4	5	as	as	ADP
fbem-31960	4	6	the	the	DET
fbem-31960	4	7	research	research	NOUN
fbem-31960	4	8	subject	subject	NOUN
fbem-31960	4	9	and	and	CCONJ
fbem-31960	4	10	,	,	PUNCT
fbem-31960	4	11	based	base	VERB
fbem-31960	4	12	on	on	ADP
fbem-31960	4	13	corporate	corporate	ADJ
fbem-31960	4	14	growth	growth	NOUN
fbem-31960	4	15	theory	theory	NOUN
fbem-31960	4	16	,	,	PUNCT
fbem-31960	4	17	collects	collect	VERB
fbem-31960	4	18	financial	financial	ADJ
fbem-31960	4	19	data	datum	NOUN
fbem-31960	4	20	to	to	PART
fbem-31960	4	21	compare	compare	VERB
fbem-31960	4	22	and	and	CCONJ
fbem-31960	4	23	analyze	analyze	VERB
fbem-31960	4	24	its	its	PRON
fbem-31960	4	25	growth	growth	NOUN
fbem-31960	4	26	alongside	alongside	ADP
fbem-31960	4	27	o	o	PROPN
fbem-31960	4	28	ther	ther	ADV
fbem-31960	4	29	listed	list	VERB
fbem-31960	4	30	new	new	ADJ
fbem-31960	4	31	energy	energy	NOUN
fbem-31960	4	32	companies	company	NOUN
fbem-31960	4	33	.	.	PUNCT
fbem-31960	5	1	the	the	DET
fbem-31960	5	2	aim	aim	NOUN
fbem-31960	5	3	is	be	AUX
fbem-31960	5	4	to	to	PART
fbem-31960	5	5	provide	provide	VERB
fbem-31960	5	6	re	re	ADP
fbem-31960	5	7	asonable	asonable	ADJ
fbem-31960	5	8	suggestions	suggestion	NOUN
fbem-31960	5	9	to	to	PART
fbem-31960	5	10	help	help	VERB
fbem-31960	5	11	byd	byd	PROPN
fbem-31960	5	12	maintain	maintain	VERB
fbem-31960	5	13	its	its	PRON
fbem-31960	5	14	competitive	competitive	ADJ
fbem-31960	5	15	edge	edge	NOUN
fbem-31960	5	16	in	in	ADP
fbem-31960	5	17	the	the	DET
fbem-31960	5	18	future	future	NOUN
fbem-31960	5	19	,	,	PUNCT
fbem-31960	5	20	while	while	SCONJ
fbem-31960	5	21	enhancing	enhance	VERB
fbem-31960	5	22	the	the	DET
fbem-31960	5	23	understanding	understanding	NOUN
fbem-31960	5	24	of	of	ADP
fbem-31960	5	25	the	the	DET
fbem-31960	5	26	significance	significance	NOUN
fbem-31960	5	27	of	of	ADP
fbem-31960	5	28	china	china	PROPN
fbem-31960	5	29	's	's	PART
fbem-31960	5	30	new	new	ADJ
fbem-31960	5	31	energy	energy	NOUN
fbem-31960	5	32	vehicle	vehicle	NOUN
fbem-31960	5	33	industry	industry	NOUN
fbem-31960	5	34	and	and	CCONJ
fbem-31960	5	35	its	its	PRON
fbem-31960	5	36	financial	financial	ADJ
fbem-31960	5	37	trends	trend	NOUN
fbem-31960	5	38	.	.	PUNCT
fbem-31960	6	1	keywords	keyword	NOUN
fbem-31960	6	2	:	:	PUNCT
fbem-31960	6	3	new	new	ADJ
fbem-31960	6	4	energy	energy	NOUN
fbem-31960	6	5	vehicle	vehicle	NOUN
fbem-31960	6	6	industry	industry	NOUN
fbem-31960	6	7	;	;	PUNCT
fbem-31960	6	8	financial	financial	ADJ
fbem-31960	6	9	indicators	indicator	NOUN
fbem-31960	6	10	;	;	PUNCT
fbem-31960	6	11	growth	growth	NOUN
fbem-31960	6	12	analysis	analysis	NOUN
fbem-31960	6	13	;	;	PUNCT
fbem-31960	6	14	byd	byd	PROPN
fbem-31960	6	15	.	.	PROPN
fbem-31960	6	16	1	1	X
fbem-31960	6	17	.	.	X
fbem-31960	6	18	introduction	introduction	NOUN
fbem-31960	6	19	byd	byd	PROPN
fbem-31960	6	20	company	company	PROPN
fbem-31960	6	21	limited	limit	VERB
fbem-31960	6	22	is	be	AUX
fbem-31960	6	23	a	a	DET
fbem-31960	6	24	comprehensive	comprehensive	ADJ
fbem-31960	6	25	chinese	chinese	ADJ
fbem-31960	6	26	enterprise	enterprise	NOUN
fbem-31960	6	27	primarily	primarily	ADV
fbem-31960	6	28	engaged	engage	VERB
fbem-31960	6	29	in	in	ADP
fbem-31960	6	30	the	the	DET
fbem-31960	6	31	research	research	NOUN
fbem-31960	6	32	,	,	PUNCT
fbem-31960	6	33	development	development	NOUN
fbem-31960	6	34	,	,	PUNCT
fbem-31960	6	35	manufacturing	manufacturing	NOUN
fbem-31960	6	36	,	,	PUNCT
fbem-31960	6	37	and	and	CCONJ
fbem-31960	6	38	sales	sale	NOUN
fbem-31960	6	39	of	of	ADP
fbem-31960	6	40	new	new	ADJ
fbem-31960	6	41	energy	energy	NOUN
fbem-31960	6	42	vehicles	vehicle	NOUN
fbem-31960	6	43	and	and	CCONJ
fbem-31960	6	44	smart	smart	ADJ
fbem-31960	6	45	batteries	battery	NOUN
fbem-31960	6	46	.	.	PUNCT
fbem-31960	7	1	the	the	DET
fbem-31960	7	2	company	company	NOUN
fbem-31960	7	3	was	be	AUX
fbem-31960	7	4	established	establish	VERB
fbem-31960	7	5	in	in	ADP
fbem-31960	7	6	1995	1995	NUM
fbem-31960	7	7	in	in	ADP
fbem-31960	7	8	shenzhen	shenzhen	PROPN
fbem-31960	7	9	,	,	PUNCT
fbem-31960	7	10	guangdong	guangdong	PROPN
fbem-31960	7	11	province	province	PROPN
fbem-31960	7	12	,	,	PUNCT
fbem-31960	7	13	where	where	SCONJ
fbem-31960	7	14	its	its	PRON
fbem-31960	7	15	headquarters	headquarters	NOUN
fbem-31960	7	16	remains	remain	VERB
fbem-31960	7	17	today	today	NOUN
fbem-31960	7	18	.	.	PUNCT
fbem-31960	8	1	initially	initially	ADV
fbem-31960	8	2	known	know	VERB
fbem-31960	8	3	for	for	ADP
fbem-31960	8	4	producing	produce	VERB
fbem-31960	8	5	small	small	ADJ
fbem-31960	8	6	household	household	NOUN
fbem-31960	8	7	appliances	appliance	NOUN
fbem-31960	8	8	,	,	PUNCT
fbem-31960	8	9	byd	byd	PROPN
fbem-31960	8	10	later	later	ADV
fbem-31960	8	11	shifted	shift	VERB
fbem-31960	8	12	its	its	PRON
fbem-31960	8	13	focus	focus	NOUN
fbem-31960	8	14	to	to	ADP
fbem-31960	8	15	the	the	DET
fbem-31960	8	16	automotive	automotive	ADJ
fbem-31960	8	17	industry	industry	NOUN
fbem-31960	8	18	.	.	PUNCT
fbem-31960	9	1	it	it	PRON
fbem-31960	9	2	began	begin	VERB
fbem-31960	9	3	developing	develop	VERB
fbem-31960	9	4	hybrid	hybrid	ADJ
fbem-31960	9	5	electric	electric	ADJ
fbem-31960	9	6	vehicles	vehicle	NOUN
fbem-31960	9	7	in	in	ADP
fbem-31960	9	8	2003	2003	NUM
fbem-31960	9	9	and	and	CCONJ
fbem-31960	9	10	introduced	introduce	VERB
fbem-31960	9	11	pure	pure	ADJ
fbem-31960	9	12	electric	electric	ADJ
fbem-31960	9	13	vehicles	vehicle	NOUN
fbem-31960	9	14	in	in	ADP
fbem-31960	9	15	2008	2008	NUM
fbem-31960	9	16	.	.	PUNCT
fbem-31960	10	1	today	today	NOUN
fbem-31960	10	2	,	,	PUNCT
fbem-31960	10	3	byd	byd	PROPN
fbem-31960	10	4	has	have	AUX
fbem-31960	10	5	become	become	VERB
fbem-31960	10	6	one	one	NUM
fbem-31960	10	7	of	of	ADP
fbem-31960	10	8	china	china	PROPN
fbem-31960	10	9	's	's	PART
fbem-31960	10	10	largest	large	ADJ
fbem-31960	10	11	new	new	ADJ
fbem-31960	10	12	energy	energy	NOUN
fbem-31960	10	13	vehicle	vehicle	NOUN
fbem-31960	10	14	manufacturers	manufacturer	NOUN
fbem-31960	10	15	and	and	CCONJ
fbem-31960	10	16	has	have	AUX
fbem-31960	10	17	gained	gain	VERB
fbem-31960	10	18	considerable	considerable	ADJ
fbem-31960	10	19	influence	influence	NOUN
fbem-31960	10	20	internationally	internationally	ADV
fbem-31960	10	21	.	.	PUNCT
fbem-31960	11	1	besides	besides	SCONJ
fbem-31960	11	2	new	new	ADJ
fbem-31960	11	3	energy	energy	NOUN
fbem-31960	11	4	vehicles	vehicle	NOUN
fbem-31960	11	5	,	,	PUNCT
fbem-31960	11	6	byd	byd	PROPN
fbem-31960	11	7	is	be	AUX
fbem-31960	11	8	also	also	ADV
fbem-31960	11	9	involved	involve	VERB
fbem-31960	11	10	in	in	ADP
fbem-31960	11	11	various	various	ADJ
fbem-31960	11	12	other	other	ADJ
fbem-31960	11	13	sectors	sector	NOUN
fbem-31960	11	14	,	,	PUNCT
fbem-31960	11	15	such	such	ADJ
fbem-31960	11	16	as	as	ADP
fbem-31960	11	17	solar	solar	ADJ
fbem-31960	11	18	panels	panel	NOUN
fbem-31960	11	19	,	,	PUNCT
fbem-31960	11	20	led	lead	VERB
fbem-31960	11	21	lighting	lighting	NOUN
fbem-31960	11	22	equipment	equipment	NOUN
fbem-31960	11	23	,	,	PUNCT
fbem-31960	11	24	buses	bus	NOUN
fbem-31960	11	25	,	,	PUNCT
fbem-31960	11	26	logistics	logistic	NOUN
fbem-31960	11	27	vehicles	vehicle	NOUN
fbem-31960	11	28	,	,	PUNCT
fbem-31960	11	29	and	and	CCONJ
fbem-31960	11	30	rail	rail	NOUN
fbem-31960	11	31	transit	transit	NOUN
fbem-31960	11	32	systems	system	NOUN
fbem-31960	11	33	.	.	PUNCT
fbem-31960	12	1	in	in	ADP
fbem-31960	12	2	february	february	PROPN
fbem-31960	12	3	2024	2024	NUM
fbem-31960	12	4	,	,	PUNCT
fbem-31960	12	5	byd	byd	PROPN
fbem-31960	12	6	was	be	AUX
fbem-31960	12	7	the	the	DET
fbem-31960	12	8	only	only	ADJ
fbem-31960	12	9	chinese	chinese	ADJ
fbem-31960	12	10	automotive	automotive	ADJ
fbem-31960	12	11	brand	brand	NOUN
fbem-31960	12	12	included	include	VERB
fbem-31960	12	13	in	in	ADP
fbem-31960	12	14	the	the	DET
fbem-31960	12	15	2024	2024	NUM
fbem-31960	12	16	global	global	ADJ
fbem-31960	12	17	500	500	NUM
fbem-31960	12	18	most	most	ADV
fbem-31960	12	19	valuable	valuable	ADJ
fbem-31960	12	20	brands	brand	NOUN
fbem-31960	12	21	list	list	NOUN
fbem-31960	12	22	.	.	PUNCT
fbem-31960	13	1	guided	guide	VERB
fbem-31960	13	2	by	by	ADP
fbem-31960	13	3	its	its	PRON
fbem-31960	13	4	"	"	PUNCT
fbem-31960	13	5	three	three	NUM
fbem-31960	13	6	green	green	ADJ
fbem-31960	13	7	dreams	dream	NOUN
fbem-31960	13	8	"	"	PUNCT
fbem-31960	13	9	vision	vision	PROPN
fbem-31960	13	10	,	,	PUNCT
fbem-31960	13	11	byd	byd	PROPN
fbem-31960	13	12	aims	aim	VERB
fbem-31960	13	13	to	to	PART
fbem-31960	13	14	address	address	VERB
fbem-31960	13	15	global	global	ADJ
fbem-31960	13	16	environmental	environmental	ADJ
fbem-31960	13	17	and	and	CCONJ
fbem-31960	13	18	economic	economic	ADJ
fbem-31960	13	19	issues	issue	NOUN
fbem-31960	13	20	caused	cause	VERB
fbem-31960	13	21	by	by	ADP
fbem-31960	13	22	oil	oil	NOUN
fbem-31960	13	23	dependency	dependency	NOUN
fbem-31960	13	24	through	through	ADP
fbem-31960	13	25	technological	technological	ADJ
fbem-31960	13	26	innovation	innovation	NOUN
fbem-31960	13	27	,	,	PUNCT
fbem-31960	13	28	striving	strive	VERB
fbem-31960	13	29	to	to	PART
fbem-31960	13	30	benefit	benefit	VERB
fbem-31960	13	31	humanity	humanity	NOUN
fbem-31960	13	32	and	and	CCONJ
fbem-31960	13	33	change	change	VERB
fbem-31960	13	34	the	the	DET
fbem-31960	13	35	world	world	NOUN
fbem-31960	13	36	.	.	PUNCT
fbem-31960	14	1	2	2	X
fbem-31960	14	2	.	.	X
fbem-31960	14	3	research	research	NOUN
fbem-31960	14	4	background	background	NOUN
fbem-31960	14	5	with	with	ADP
fbem-31960	14	6	the	the	DET
fbem-31960	14	7	continuous	continuous	ADJ
fbem-31960	14	8	development	development	NOUN
fbem-31960	14	9	of	of	ADP
fbem-31960	14	10	china	china	PROPN
fbem-31960	14	11	's	's	PART
fbem-31960	14	12	economy	economy	NOUN
fbem-31960	14	13	,	,	PUNCT
fbem-31960	14	14	the	the	DET
fbem-31960	14	15	increase	increase	NOUN
fbem-31960	14	16	in	in	ADP
fbem-31960	14	17	the	the	DET
fbem-31960	14	18	number	number	NOUN
fbem-31960	14	19	of	of	ADP
fbem-31960	14	20	motor	motor	NOUN
fbem-31960	14	21	vehicles	vehicle	NOUN
fbem-31960	14	22	has	have	AUX
fbem-31960	14	23	led	lead	VERB
fbem-31960	14	24	to	to	ADP
fbem-31960	14	25	a	a	DET
fbem-31960	14	26	rise	rise	NOUN
fbem-31960	14	27	in	in	ADP
fbem-31960	14	28	oil	oil	NOUN
fbem-31960	14	29	consumption	consumption	NOUN
fbem-31960	14	30	and	and	CCONJ
fbem-31960	14	31	greenhouse	greenhouse	NOUN
fbem-31960	14	32	gas	gas	NOUN
fbem-31960	14	33	emissions	emission	NOUN
fbem-31960	14	34	,	,	PUNCT
fbem-31960	14	35	severely	severely	ADV
fbem-31960	14	36	damaging	damage	VERB
fbem-31960	14	37	the	the	DET
fbem-31960	14	38	natural	natural	ADJ
fbem-31960	14	39	ecosystem	ecosystem	NOUN
fbem-31960	14	40	.	.	PUNCT
fbem-31960	15	1	therefore	therefore	ADV
fbem-31960	15	2	,	,	PUNCT
fbem-31960	15	3	the	the	DET
fbem-31960	15	4	development	development	NOUN
fbem-31960	15	5	of	of	ADP
fbem-31960	15	6	new	new	ADJ
fbem-31960	15	7	energy	energy	NOUN
fbem-31960	15	8	vehicles	vehicle	NOUN
fbem-31960	15	9	(	(	PUNCT
fbem-31960	15	10	nevs	nevs	PROPN
fbem-31960	15	11	)	)	PUNCT
fbem-31960	15	12	in	in	ADP
fbem-31960	15	13	china	china	PROPN
fbem-31960	15	14	is	be	AUX
fbem-31960	15	15	imperative	imperative	ADJ
fbem-31960	15	16	.	.	PUNCT
fbem-31960	16	1	by	by	ADP
fbem-31960	16	2	integrating	integrate	VERB
fbem-31960	16	3	technologies	technology	NOUN
fbem-31960	16	4	such	such	ADJ
fbem-31960	16	5	as	as	ADP
fbem-31960	16	6	new	new	ADJ
fbem-31960	16	7	energy	energy	NOUN
fbem-31960	16	8	,	,	PUNCT
fbem-31960	16	9	artificial	artificial	ADJ
fbem-31960	16	10	intelligence	intelligence	NOUN
fbem-31960	16	11	,	,	PUNCT
fbem-31960	16	12	and	and	CCONJ
fbem-31960	16	13	big	big	ADJ
fbem-31960	16	14	data	datum	NOUN
fbem-31960	16	15	,	,	PUNCT
fbem-31960	16	16	china	china	PROPN
fbem-31960	16	17	's	's	PART
fbem-31960	16	18	nevs	nevs	PROPN
fbem-31960	16	19	are	be	AUX
fbem-31960	16	20	transforming	transform	VERB
fbem-31960	16	21	into	into	ADP
fbem-31960	16	22	mobile	mobile	ADJ
fbem-31960	16	23	smart	smart	ADJ
fbem-31960	16	24	terminals	terminal	NOUN
fbem-31960	16	25	.	.	PUNCT
fbem-31960	17	1	this	this	PRON
fbem-31960	17	2	plays	play	VERB
fbem-31960	17	3	a	a	DET
fbem-31960	17	4	crucial	crucial	ADJ
fbem-31960	17	5	role	role	NOUN
fbem-31960	17	6	in	in	ADP
fbem-31960	17	7	optimizing	optimize	VERB
fbem-31960	17	8	china	china	PROPN
fbem-31960	17	9	's	's	PART
fbem-31960	17	10	energy	energy	NOUN
fbem-31960	17	11	structure	structure	NOUN
fbem-31960	17	12	,	,	PUNCT
fbem-31960	17	13	building	build	VERB
fbem-31960	17	14	a	a	DET
fbem-31960	17	15	clean	clean	ADJ
fbem-31960	17	16	world	world	NOUN
fbem-31960	17	17	,	,	PUNCT
fbem-31960	17	18	managing	manage	VERB
fbem-31960	17	19	smart	smart	ADJ
fbem-31960	17	20	cities	city	NOUN
fbem-31960	17	21	,	,	PUNCT
fbem-31960	17	22	and	and	CCONJ
fbem-31960	17	23	constructing	construct	VERB
fbem-31960	17	24	a	a	DET
fbem-31960	17	25	global	global	ADJ
fbem-31960	17	26	community	community	NOUN
fbem-31960	17	27	with	with	ADP
fbem-31960	17	28	a	a	DET
fbem-31960	17	29	shared	share	VERB
fbem-31960	17	30	future	future	NOUN
fbem-31960	17	31	.	.	PUNCT
fbem-31960	18	1	the	the	DET
fbem-31960	18	2	development	development	NOUN
fbem-31960	18	3	of	of	ADP
fbem-31960	18	4	nevs	nevs	PROPN
fbem-31960	18	5	is	be	AUX
fbem-31960	18	6	an	an	DET
fbem-31960	18	7	indispensable	indispensable	ADJ
fbem-31960	18	8	step	step	NOUN
fbem-31960	18	9	for	for	SCONJ
fbem-31960	18	10	china	china	PROPN
fbem-31960	18	11	to	to	PART
fbem-31960	18	12	become	become	VERB
fbem-31960	18	13	an	an	DET
fbem-31960	18	14	automotive	automotive	ADJ
fbem-31960	18	15	powerhouse	powerhouse	NOUN
fbem-31960	18	16	and	and	CCONJ
fbem-31960	18	17	a	a	DET
fbem-31960	18	18	vital	vital	ADJ
fbem-31960	18	19	means	mean	NOUN
fbem-31960	18	20	to	to	PART
fbem-31960	18	21	address	address	VERB
fbem-31960	18	22	the	the	DET
fbem-31960	18	23	country	country	NOUN
fbem-31960	18	24	's	's	PART
fbem-31960	18	25	harsh	harsh	ADJ
fbem-31960	18	26	climate	climate	NOUN
fbem-31960	18	27	conditions	condition	NOUN
fbem-31960	18	28	and	and	CCONJ
fbem-31960	18	29	reduce	reduce	VERB
fbem-31960	18	30	the	the	DET
fbem-31960	18	31	consumption	consumption	NOUN
fbem-31960	18	32	of	of	ADP
fbem-31960	18	33	non	non	ADJ
fbem-31960	18	34	-renewable	-renewable	ADJ
fbem-31960	18	35	energy	energy	NOUN
fbem-31960	18	36	.	.	PUNCT
fbem-31960	19	1	since	since	SCONJ
fbem-31960	19	2	the	the	DET
fbem-31960	19	3	state	state	PROPN
fbem-31960	19	4	council	council	PROPN
fbem-31960	19	5	issued	issue	VERB
fbem-31960	19	6	and	and	CCONJ
fbem-31960	19	7	implemented	implement	VERB
fbem-31960	19	8	the	the	DET
fbem-31960	19	9	energy	energy	NOUN
fbem-31960	19	10	-	-	PUNCT
fbem-31960	19	11	saving	save	VERB
fbem-31960	19	12	and	and	CCONJ
fbem-31960	19	13	new	new	ADJ
fbem-31960	19	14	energy	energy	NOUN
fbem-31960	19	15	vehicle	vehicle	NOUN
fbem-31960	19	16	industry	industry	NOUN
fbem-31960	19	17	development	development	NOUN
fbem-31960	19	18	plan	plan	NOUN
fbem-31960	19	19	(	(	PUNCT
fbem-31960	19	20	2012	2012	NUM
fbem-31960	19	21	–	–	PUNCT
fbem-31960	19	22	2020	2020	NUM
fbem-31960	19	23	)	)	PUNCT
fbem-31960	19	24	in	in	ADP
fbem-31960	19	25	2012	2012	NUM
fbem-31960	19	26	,	,	PUNCT
fbem-31960	19	27	china	china	PROPN
fbem-31960	19	28	has	have	AUX
fbem-31960	19	29	steadfastly	steadfastly	ADV
fbem-31960	19	30	pursued	pursue	VERB
fbem-31960	19	31	a	a	DET
fbem-31960	19	32	green	green	ADJ
fbem-31960	19	33	energy	energy	NOUN
fbem-31960	19	34	strategy	strategy	NOUN
fbem-31960	19	35	and	and	CCONJ
fbem-31960	19	36	has	have	AUX
fbem-31960	19	37	made	make	VERB
fbem-31960	19	38	significant	significant	ADJ
fbem-31960	19	39	progress	progress	NOUN
fbem-31960	19	40	in	in	ADP
fbem-31960	19	41	the	the	DET
fbem-31960	19	42	nev	nev	NOUN
fbem-31960	19	43	industry	industry	NOUN
fbem-31960	19	44	,	,	PUNCT
fbem-31960	19	45	injecting	inject	VERB
fbem-31960	19	46	major	major	ADJ
fbem-31960	19	47	momentum	momentum	NOUN
fbem-31960	19	48	into	into	ADP
fbem-31960	19	49	the	the	DET
fbem-31960	19	50	global	global	ADJ
fbem-31960	19	51	automotive	automotive	ADJ
fbem-31960	19	52	industry	industry	NOUN
fbem-31960	19	53	transformation	transformation	NOUN
fbem-31960	19	54	.	.	PUNCT
fbem-31960	20	1	in	in	ADP
fbem-31960	20	2	the	the	DET
fbem-31960	20	3	current	current	ADJ
fbem-31960	20	4	era	era	NOUN
fbem-31960	20	5	,	,	PUNCT
fbem-31960	20	6	new	new	ADJ
fbem-31960	20	7	technologies	technology	NOUN
fbem-31960	20	8	such	such	ADJ
fbem-31960	20	9	as	as	ADP
fbem-31960	20	10	5	5	NUM
fbem-31960	20	11	g	g	NOUN
fbem-31960	20	12	,	,	PUNCT
fbem-31960	20	13	artificial	artificial	ADJ
fbem-31960	20	14	intelligence	intelligence	NOUN
fbem-31960	20	15	,	,	PUNCT
fbem-31960	20	16	and	and	CCONJ
fbem-31960	20	17	cloud	cloud	NOUN
fbem-31960	20	18	computing	computing	NOUN
fbem-31960	20	19	are	be	AUX
fbem-31960	20	20	accelerating	accelerate	VERB
fbem-31960	20	21	innovation	innovation	NOUN
fbem-31960	20	22	and	and	CCONJ
fbem-31960	20	23	integration	integration	NOUN
fbem-31960	20	24	in	in	ADP
fbem-31960	20	25	the	the	DET
fbem-31960	20	26	automotive	automotive	ADJ
fbem-31960	20	27	,	,	PUNCT
fbem-31960	20	28	transportation	transportation	NOUN
fbem-31960	20	29	,	,	PUNCT
fbem-31960	20	30	energy	energy	NOUN
fbem-31960	20	31	,	,	PUNCT
fbem-31960	20	32	and	and	CCONJ
fbem-31960	20	33	other	other	ADJ
fbem-31960	20	34	sectors	sector	NOUN
fbem-31960	20	35	.	.	PUNCT
fbem-31960	21	1	a	a	DET
fbem-31960	21	2	new	new	ADJ
fbem-31960	21	3	technological	technological	ADJ
fbem-31960	21	4	revolution	revolution	NOUN
fbem-31960	21	5	and	and	CCONJ
fbem-31960	21	6	industrial	industrial	ADJ
fbem-31960	21	7	transformation	transformation	NOUN
fbem-31960	21	8	are	be	AUX
fbem-31960	21	9	spreading	spread	VERB
fbem-31960	21	10	globally	globally	ADV
fbem-31960	21	11	,	,	PUNCT
fbem-31960	21	12	leading	lead	VERB
fbem-31960	21	13	major	major	ADJ
fbem-31960	21	14	automotive	automotive	ADJ
fbem-31960	21	15	companies	company	NOUN
fbem-31960	21	16	to	to	PART
fbem-31960	21	17	increase	increase	VERB
fbem-31960	21	18	their	their	PRON
fbem-31960	21	19	focus	focus	NOUN
fbem-31960	21	20	and	and	CCONJ
fbem-31960	21	21	investment	investment	NOUN
fbem-31960	21	22	in	in	ADP
fbem-31960	21	23	china	china	PROPN
fbem-31960	21	24	.	.	PUNCT
fbem-31960	22	1	this	this	PRON
fbem-31960	22	2	has	have	AUX
fbem-31960	22	3	intensified	intensify	VERB
fbem-31960	22	4	competition	competition	NOUN
fbem-31960	22	5	in	in	ADP
fbem-31960	22	6	china	china	PROPN
fbem-31960	22	7	's	's	PART
fbem-31960	22	8	automotive	automotive	ADJ
fbem-31960	22	9	market	market	NOUN
fbem-31960	22	10	while	while	SCONJ
fbem-31960	22	11	also	also	ADV
fbem-31960	22	12	presenting	present	VERB
fbem-31960	22	13	more	more	ADJ
fbem-31960	22	14	opportunities	opportunity	NOUN
fbem-31960	22	15	and	and	CCONJ
fbem-31960	22	16	challenges	challenge	NOUN
fbem-31960	22	17	for	for	ADP
fbem-31960	22	18	domestic	domestic	ADJ
fbem-31960	22	19	chinese	chinese	ADJ
fbem-31960	22	20	bran	bran	NOUN
fbem-31960	22	21	ds	ds	PROPN
fbem-31960	22	22	.	.	PUNCT
fbem-31960	23	1	by	by	ADP
fbem-31960	23	2	the	the	DET
fbem-31960	23	3	third	third	ADJ
fbem-31960	23	4	quarter	quarter	NOUN
fbem-31960	23	5	of	of	ADP
fbem-31960	23	6	2022	2022	NUM
fbem-31960	23	7	,	,	PUNCT
fbem-31960	23	8	china	china	PROPN
fbem-31960	23	9	's	's	PART
fbem-31960	23	10	nev	nev	PROPN
fbem-31960	23	11	exports	export	NOUN
fbem-31960	23	12	had	have	AUX
fbem-31960	23	13	already	already	ADV
fbem-31960	23	14	surpassed	surpass	VERB
fbem-31960	23	15	the	the	DET
fbem-31960	23	16	total	total	NOUN
fbem-31960	23	17	for	for	ADP
fbem-31960	23	18	the	the	DET
fbem-31960	23	19	entire	entire	ADJ
fbem-31960	23	20	year	year	NOUN
fbem-31960	23	21	of	of	ADP
fbem-31960	23	22	2021	2021	NUM
fbem-31960	23	23	,	,	PUNCT
fbem-31960	23	24	reaching	reach	VERB
fbem-31960	23	25	679,000	679,000	NUM
fbem-31960	23	26	units	unit	NOUN
fbem-31960	23	27	for	for	ADP
fbem-31960	23	28	the	the	DET
fbem-31960	23	29	full	full	ADJ
fbem-31960	23	30	year	year	NOUN
fbem-31960	23	31	of	of	ADP
fbem-31960	23	32	2022	2022	NUM
fbem-31960	23	33	.	.	PUNCT
fbem-31960	24	1	from	from	ADP
fbem-31960	24	2	january	january	PROPN
fbem-31960	24	3	to	to	ADP
fbem-31960	24	4	september	september	PROPN
fbem-31960	24	5	2022	2022	NUM
fbem-31960	24	6	alone	alone	ADV
fbem-31960	24	7	,	,	PUNCT
fbem-31960	24	8	china	china	PROPN
fbem-31960	24	9	's	's	PART
fbem-31960	24	10	automobile	automobile	NOUN
fbem-31960	24	11	production	production	NOUN
fbem-31960	24	12	-tosales	-tosale	NOUN
fbem-31960	24	13	ratio	ratio	NOUN
fbem-31960	24	14	reached	reach	VERB
fbem-31960	24	15	99.17	99.17	NUM
fbem-31960	24	16	%	%	NOUN
fbem-31960	24	17	.	.	PUNCT
fbem-31960	25	1	this	this	PRON
fbem-31960	25	2	demonstrates	demonstrate	VERB
fbem-31960	25	3	that	that	SCONJ
fbem-31960	25	4	china	china	PROPN
fbem-31960	25	5	has	have	AUX
fbem-31960	25	6	undoubtedly	undoubtedly	ADV
fbem-31960	25	7	become	become	VERB
fbem-31960	25	8	a	a	DET
fbem-31960	25	9	global	global	ADJ
fbem-31960	25	10	leader	leader	NOUN
fbem-31960	25	11	in	in	ADP
fbem-31960	25	12	the	the	DET
fbem-31960	25	13	nev	nev	NOUN
fbem-31960	25	14	industry	industry	NOUN
fbem-31960	25	15	.	.	PUNCT
fbem-31960	26	1	as	as	ADP
fbem-31960	26	2	a	a	DET
fbem-31960	26	3	leader	leader	NOUN
fbem-31960	26	4	in	in	ADP
fbem-31960	26	5	nevs	nevs	PROPN
fbem-31960	26	6	,	,	PUNCT
fbem-31960	26	7	byd	byd	PROPN
fbem-31960	26	8	sold	sell	VERB
fbem-31960	26	9	730,000	730,000	NUM
fbem-31960	26	10	vehicles	vehicle	NOUN
fbem-31960	26	11	in	in	ADP
fbem-31960	26	12	2021	2021	NUM
fbem-31960	26	13	,	,	PUNCT
fbem-31960	26	14	including	include	VERB
fbem-31960	26	15	593,800	593,800	NUM
fbem-31960	26	16	nevs	nevs	NOUN
fbem-31960	26	17	.	.	PUNCT
fbem-31960	27	1	in	in	ADP
fbem-31960	27	2	just	just	ADV
fbem-31960	27	3	one	one	NUM
fbem-31960	27	4	year	year	NOUN
fbem-31960	27	5	,	,	PUNCT
fbem-31960	27	6	by	by	ADP
fbem-31960	27	7	2022	2022	NUM
fbem-31960	27	8	,	,	PUNCT
fbem-31960	27	9	its	its	PRON
fbem-31960	27	10	sales	sale	NOUN
fbem-31960	27	11	doubled	double	VERB
fbem-31960	27	12	,	,	PUNCT
fbem-31960	27	13	reaching	reach	VERB
fbem-31960	27	14	1.8635	1.8635	NUM
fbem-31960	27	15	million	million	NUM
fbem-31960	27	16	vehicles	vehicle	NOUN
fbem-31960	27	17	,	,	PUNCT
fbem-31960	27	18	surpassing	surpass	VERB
fbem-31960	27	19	tesla	tesla	PROPN
fbem-31960	27	20	to	to	PART
fbem-31960	27	21	become	become	VERB
fbem-31960	27	22	the	the	DET
fbem-31960	27	23	global	global	ADJ
fbem-31960	27	24	leader	leader	NOUN
fbem-31960	27	25	in	in	ADP
fbem-31960	27	26	nev	nev	PROPN
fbem-31960	27	27	sales	sale	NOUN
fbem-31960	27	28	.	.	PUNCT
fbem-31960	28	1	undoubtedly	undoubtedly	ADV
fbem-31960	28	2	,	,	PUNCT
fbem-31960	28	3	as	as	ADP
fbem-31960	28	4	a	a	DET
fbem-31960	28	5	pioneer	pioneer	NOUN
fbem-31960	28	6	in	in	ADP
fbem-31960	28	7	china	china	PROPN
fbem-31960	28	8	's	's	PART
fbem-31960	28	9	nev	nev	PROPN
fbem-31960	28	10	industry	industry	NOUN
fbem-31960	28	11	,	,	PUNCT
fbem-31960	28	12	byd	byd	PROPN
fbem-31960	28	13	has	have	AUX
fbem-31960	28	14	become	become	VERB
fbem-31960	28	15	the	the	DET
fbem-31960	28	16	primary	primary	ADJ
fbem-31960	28	17	subject	subject	NOUN
fbem-31960	28	18	of	of	ADP
fbem-31960	28	19	this	this	DET
fbem-31960	28	20	study	study	NOUN
fbem-31960	28	21	.	.	PUNCT
fbem-31960	29	1	3	3	X
fbem-31960	29	2	.	.	X
fbem-31960	29	3	research	research	NOUN
fbem-31960	29	4	significance	significance	NOUN
fbem-31960	29	5	although	although	SCONJ
fbem-31960	29	6	byd	byd	PROPN
fbem-31960	29	7	is	be	AUX
fbem-31960	29	8	a	a	DET
fbem-31960	29	9	leading	lead	VERB
fbem-31960	29	10	enterprise	enterprise	NOUN
fbem-31960	29	11	in	in	ADP
fbem-31960	29	12	china	china	PROPN
fbem-31960	29	13	's	's	PART
fbem-31960	29	14	new	new	ADJ
fbem-31960	29	15	energy	energy	NOUN
fbem-31960	29	16	vehicle	vehicle	NOUN
fbem-31960	29	17	(	(	PUNCT
fbem-31960	29	18	nev	nev	NOUN
fbem-31960	29	19	)	)	PUNCT
fbem-31960	29	20	industry	industry	NOUN
fbem-31960	29	21	at	at	ADP
fbem-31960	29	22	the	the	DET
fbem-31960	29	23	forefront	forefront	NOUN
fbem-31960	29	24	of	of	ADP
fbem-31960	29	25	development	development	NOUN
fbem-31960	29	26	,	,	PUNCT
fbem-31960	29	27	its	its	PRON
fbem-31960	29	28	financial	financial	ADJ
fbem-31960	29	29	condition	condition	NOUN
fbem-31960	29	30	faces	face	VERB
fbem-31960	29	31	significant	significant	ADJ
fbem-31960	29	32	pressure	pressure	NOUN
fbem-31960	29	33	due	due	ADP
fbem-31960	29	34	to	to	ADP
fbem-31960	29	35	intense	intense	ADJ
fbem-31960	29	36	domestic	domestic	ADJ
fbem-31960	29	37	and	and	CCONJ
fbem-31960	29	38	international	international	ADJ
fbem-31960	29	39	competition	competition	NOUN
fbem-31960	29	40	and	and	CCONJ
fbem-31960	29	41	the	the	DET
fbem-31960	29	42	impending	impending	ADJ
fbem-31960	29	43	phase	phase	NOUN
fbem-31960	29	44	-	-	PUNCT
fbem-31960	29	45	out	out	NOUN
fbem-31960	29	46	of	of	ADP
fbem-31960	29	47	government	government	NOUN
fbem-31960	29	48	subsidies	subsidy	NOUN
fbem-31960	29	49	.	.	PUNCT
fbem-31960	30	1	issues	issue	NOUN
fbem-31960	30	2	such	such	ADJ
fbem-31960	30	3	as	as	ADP
fbem-31960	30	4	weak	weak	ADJ
fbem-31960	30	5	solvency	solvency	NOUN
fbem-31960	30	6	and	and	CCONJ
fbem-31960	30	7	inventory	inventory	NOUN
fbem-31960	30	8	backlog	backlog	NOUN
fbem-31960	30	9	hinder	hinder	PROPN
fbem-31960	30	10	byd	byd	PROPN
fbem-31960	30	11	's	's	PART
fbem-31960	30	12	sustainable	sustainable	ADJ
fbem-31960	30	13	development	development	NOUN
fbem-31960	30	14	.	.	PUNCT
fbem-31960	31	1	analyzing	analyze	VERB
fbem-31960	31	2	its	its	PRON
fbem-31960	31	3	growth	growth	NOUN
fbem-31960	31	4	potential	potential	NOUN
fbem-31960	31	5	can	can	AUX
fbem-31960	31	6	40	40	NUM
fbem-31960	31	7	help	help	NOUN
fbem-31960	31	8	identify	identify	VERB
fbem-31960	31	9	the	the	DET
fbem-31960	31	10	company	company	NOUN
fbem-31960	31	11	's	's	PART
fbem-31960	31	12	strengths	strength	NOUN
fbem-31960	31	13	and	and	CCONJ
fbem-31960	31	14	weaknesses	weakness	NOUN
fbem-31960	31	15	,	,	PUNCT
fbem-31960	31	16	enabling	enable	VERB
fbem-31960	31	17	it	it	PRON
fbem-31960	31	18	to	to	ADP
fbem-31960	31	19	leverage	leverage	NOUN
fbem-31960	31	20	advantages	advantage	NOUN
fbem-31960	31	21	and	and	CCONJ
fbem-31960	31	22	address	address	NOUN
fbem-31960	31	23	shortcomings	shortcoming	NOUN
fbem-31960	31	24	.	.	PUNCT
fbem-31960	32	1	by	by	ADP
fbem-31960	32	2	uncovering	uncover	VERB
fbem-31960	32	3	obstacles	obstacle	NOUN
fbem-31960	32	4	in	in	ADP
fbem-31960	32	5	its	its	PRON
fbem-31960	32	6	development	development	NOUN
fbem-31960	32	7	and	and	CCONJ
fbem-31960	32	8	proposing	propose	VERB
fbem-31960	32	9	targeted	target	VERB
fbem-31960	32	10	solutions	solution	NOUN
fbem-31960	32	11	,	,	PUNCT
fbem-31960	32	12	this	this	DET
fbem-31960	32	13	study	study	NOUN
fbem-31960	32	14	aims	aim	VERB
fbem-31960	32	15	to	to	PART
fbem-31960	32	16	support	support	VERB
fbem-31960	32	17	byd	byd	PROPN
fbem-31960	32	18	in	in	ADP
fbem-31960	32	19	achieving	achieve	VERB
fbem-31960	32	20	long	long	ADJ
fbem-31960	32	21	-	-	PUNCT
fbem-31960	32	22	term	term	NOUN
fbem-31960	32	23	growth	growth	NOUN
fbem-31960	32	24	and	and	CCONJ
fbem-31960	32	25	strengthening	strengthen	VERB
fbem-31960	32	26	its	its	PRON
fbem-31960	32	27	competitive	competitive	ADJ
fbem-31960	32	28	edge	edge	NOUN
fbem-31960	32	29	in	in	ADP
fbem-31960	32	30	the	the	DET
fbem-31960	32	31	fierce	fierce	ADJ
fbem-31960	32	32	market	market	NOUN
fbem-31960	32	33	competition	competition	NOUN
fbem-31960	32	34	.	.	PUNCT
fbem-31960	33	1	it	it	PRON
fbem-31960	33	2	is	be	AUX
fbem-31960	33	3	hoped	hope	VERB
fbem-31960	33	4	that	that	SCONJ
fbem-31960	33	5	byd	byd	PROPN
fbem-31960	33	6	will	will	AUX
fbem-31960	33	7	successfully	successfully	ADV
fbem-31960	33	8	pursue	pursue	VERB
fbem-31960	33	9	internationalization	internationalization	NOUN
fbem-31960	33	10	with	with	ADP
fbem-31960	33	11	"	"	PUNCT
fbem-31960	33	12	quality	quality	NOUN
fbem-31960	33	13	made	make	VERB
fbem-31960	33	14	in	in	ADP
fbem-31960	33	15	china	china	PROPN
fbem-31960	33	16	,	,	PUNCT
fbem-31960	33	17	"	"	PUNCT
fbem-31960	33	18	transforming	transform	VERB
fbem-31960	33	19	from	from	ADP
fbem-31960	33	20	a	a	DET
fbem-31960	33	21	national	national	ADJ
fbem-31960	33	22	leader	leader	NOUN
fbem-31960	33	23	in	in	ADP
fbem-31960	33	24	both	both	CCONJ
fbem-31960	33	25	sales	sale	NOUN
fbem-31960	33	26	and	and	CCONJ
fbem-31960	33	27	technology	technology	NOUN
fbem-31960	33	28	into	into	ADP
fbem-31960	33	29	a	a	DET
fbem-31960	33	30	global	global	ADJ
fbem-31960	33	31	benchmark	benchmark	NOUN
fbem-31960	33	32	.	.	PUNCT
fbem-31960	34	1	since	since	SCONJ
fbem-31960	34	2	the	the	DET
fbem-31960	34	3	late	late	ADJ
fbem-31960	34	4	20th	20th	ADJ
fbem-31960	34	5	century	century	NOUN
fbem-31960	34	6	,	,	PUNCT
fbem-31960	34	7	the	the	DET
fbem-31960	34	8	outstanding	outstanding	ADJ
fbem-31960	34	9	contributions	contribution	NOUN
fbem-31960	34	10	of	of	ADP
fbem-31960	34	11	nevs	nevs	NOUN
fbem-31960	34	12	in	in	ADP
fbem-31960	34	13	alleviating	alleviate	VERB
fbem-31960	34	14	energy	energy	NOUN
fbem-31960	34	15	crises	crisis	NOUN
fbem-31960	34	16	and	and	CCONJ
fbem-31960	34	17	protecting	protect	VERB
fbem-31960	34	18	the	the	DET
fbem-31960	34	19	environment	environment	NOUN
fbem-31960	34	20	have	have	AUX
fbem-31960	34	21	been	be	AUX
fbem-31960	34	22	gradually	gradually	ADV
fbem-31960	34	23	recognized	recognize	VERB
fbem-31960	34	24	.	.	PUNCT
fbem-31960	35	1	china	china	PROPN
fbem-31960	35	2	took	take	VERB
fbem-31960	35	3	the	the	DET
fbem-31960	35	4	lead	lead	NOUN
fbem-31960	35	5	in	in	ADP
fbem-31960	35	6	initiating	initiate	VERB
fbem-31960	35	7	research	research	NOUN
fbem-31960	35	8	and	and	CCONJ
fbem-31960	35	9	development	development	NOUN
fbem-31960	35	10	of	of	ADP
fbem-31960	35	11	nevs	nevs	PROPN
fbem-31960	35	12	,	,	PUNCT
fbem-31960	35	13	followed	follow	VERB
fbem-31960	35	14	by	by	ADP
fbem-31960	35	15	the	the	DET
fbem-31960	35	16	introduction	introduction	NOUN
fbem-31960	35	17	of	of	ADP
fbem-31960	35	18	policies	policy	NOUN
fbem-31960	35	19	to	to	PART
fbem-31960	35	20	promote	promote	VERB
fbem-31960	35	21	their	their	PRON
fbem-31960	35	22	advancement	advancement	NOUN
fbem-31960	35	23	.	.	PUNCT
fbem-31960	36	1	after	after	ADP
fbem-31960	36	2	three	three	NUM
fbem-31960	36	3	five	five	NUM
fbem-31960	36	4	-	-	PUNCT
fbem-31960	36	5	year	year	NOUN
fbem-31960	36	6	plan	plan	NOUN
fbem-31960	36	7	periods	period	NOUN
fbem-31960	36	8	from	from	ADP
fbem-31960	36	9	2001	2001	NUM
fbem-31960	36	10	to	to	ADP
fbem-31960	36	11	2015	2015	NUM
fbem-31960	36	12	,	,	PUNCT
fbem-31960	36	13	china	china	PROPN
fbem-31960	36	14	's	's	PART
fbem-31960	36	15	nev	nev	PROPN
fbem-31960	36	16	industry	industry	NOUN
fbem-31960	36	17	has	have	AUX
fbem-31960	36	18	progressed	progress	VERB
fbem-31960	36	19	beyond	beyond	ADP
fbem-31960	36	20	the	the	DET
fbem-31960	36	21	formation	formation	NOUN
fbem-31960	36	22	stage	stage	NOUN
fbem-31960	36	23	of	of	ADP
fbem-31960	36	24	technology	technology	NOUN
fbem-31960	36	25	and	and	CCONJ
fbem-31960	36	26	supply	supply	NOUN
fbem-31960	36	27	chains	chain	NOUN
fbem-31960	36	28	and	and	CCONJ
fbem-31960	36	29	entered	enter	VERB
fbem-31960	36	30	a	a	DET
fbem-31960	36	31	growth	growth	NOUN
fbem-31960	36	32	phase	phase	NOUN
fbem-31960	36	33	.	.	PUNCT
fbem-31960	37	1	however	however	ADV
fbem-31960	37	2	,	,	PUNCT
fbem-31960	37	3	as	as	SCONJ
fbem-31960	37	4	product	product	NOUN
fbem-31960	37	5	variety	variety	NOUN
fbem-31960	37	6	continues	continue	VERB
fbem-31960	37	7	to	to	PART
fbem-31960	37	8	expand	expand	VERB
fbem-31960	37	9	,	,	PUNCT
fbem-31960	37	10	the	the	DET
fbem-31960	37	11	percentage	percentage	NOUN
fbem-31960	37	12	of	of	ADP
fbem-31960	37	13	the	the	DET
fbem-31960	37	14	total	total	ADJ
fbem-31960	37	15	addressable	addressable	ADJ
fbem-31960	37	16	market	market	NOUN
fbem-31960	37	17	(	(	PUNCT
fbem-31960	37	18	tam	tam	PROPN
fbem-31960	37	19	)	)	PUNCT
fbem-31960	37	20	for	for	ADP
fbem-31960	37	21	nevs	nevs	PROPN
fbem-31960	37	22	is	be	AUX
fbem-31960	37	23	accelerating	accelerate	VERB
fbem-31960	37	24	,	,	PUNCT
fbem-31960	37	25	potentially	potentially	ADV
fbem-31960	37	26	leading	lead	VERB
fbem-31960	37	27	to	to	ADP
fbem-31960	37	28	market	market	NOUN
fbem-31960	37	29	saturation	saturation	NOUN
fbem-31960	37	30	,	,	PUNCT
fbem-31960	37	31	reduced	reduce	VERB
fbem-31960	37	32	sales	sale	NOUN
fbem-31960	37	33	growth	growth	NOUN
fbem-31960	37	34	,	,	PUNCT
fbem-31960	37	35	and	and	CCONJ
fbem-31960	37	36	intensified	intensify	VERB
fbem-31960	37	37	industry	industry	NOUN
fbem-31960	37	38	competition	competition	NOUN
fbem-31960	37	39	.	.	PUNCT
fbem-31960	38	1	additionally	additionally	ADV
fbem-31960	38	2	,	,	PUNCT
fbem-31960	38	3	the	the	DET
fbem-31960	38	4	nev	nev	ADJ
fbem-31960	38	5	industry	industry	NOUN
fbem-31960	38	6	faces	face	VERB
fbem-31960	38	7	challenges	challenge	NOUN
fbem-31960	38	8	such	such	ADJ
fbem-31960	38	9	as	as	ADP
fbem-31960	38	10	bottleneck	bottleneck	NOUN
fbem-31960	38	11	areas	area	NOUN
fbem-31960	38	12	including	include	VERB
fbem-31960	38	13	battery	battery	NOUN
fbem-31960	38	14	raw	raw	ADJ
fbem-31960	38	15	materials	material	NOUN
fbem-31960	38	16	and	and	CCONJ
fbem-31960	38	17	automotive	automotive	ADJ
fbem-31960	38	18	-	-	PUNCT
fbem-31960	38	19	grade	grade	NOUN
fbem-31960	38	20	chips	chip	NOUN
fbem-31960	38	21	,	,	PUNCT
fbem-31960	38	22	production	production	NOUN
fbem-31960	38	23	costs	cost	NOUN
fbem-31960	38	24	exceeding	exceed	VERB
fbem-31960	38	25	selling	sell	VERB
fbem-31960	38	26	prices	price	NOUN
fbem-31960	38	27	,	,	PUNCT
fbem-31960	38	28	low	low	ADJ
fbem-31960	38	29	capacity	capacity	NOUN
fbem-31960	38	30	utilization	utilization	NOUN
fbem-31960	38	31	rates	rate	NOUN
fbem-31960	38	32	,	,	PUNCT
fbem-31960	38	33	and	and	CCONJ
fbem-31960	38	34	relatively	relatively	ADV
fbem-31960	38	35	low	low	ADJ
fbem-31960	38	36	penetration	penetration	NOUN
fbem-31960	38	37	rates	rate	NOUN
fbem-31960	38	38	of	of	ADP
fbem-31960	38	39	commercial	commercial	ADJ
fbem-31960	38	40	nevs	nevs	PROPN
fbem-31960	38	41	.	.	PUNCT
fbem-31960	39	1	this	this	DET
fbem-31960	39	2	study	study	NOUN
fbem-31960	39	3	not	not	PART
fbem-31960	39	4	only	only	ADV
fbem-31960	39	5	analyzes	analyze	VERB
fbem-31960	39	6	byd	byd	PROPN
fbem-31960	39	7	but	but	CCONJ
fbem-31960	39	8	also	also	ADV
fbem-31960	39	9	compares	compare	VERB
fbem-31960	39	10	it	it	PRON
fbem-31960	39	11	with	with	ADP
fbem-31960	39	12	some	some	PRON
fbem-31960	39	13	of	of	ADP
fbem-31960	39	14	its	its	PRON
fbem-31960	39	15	peers	peer	NOUN
fbem-31960	39	16	,	,	PUNCT
fbem-31960	39	17	providing	provide	VERB
fbem-31960	39	18	insights	insight	NOUN
fbem-31960	39	19	for	for	ADP
fbem-31960	39	20	other	other	ADJ
fbem-31960	39	21	domestic	domestic	ADJ
fbem-31960	39	22	nev	nev	ADJ
fbem-31960	39	23	companies	company	NOUN
fbem-31960	39	24	and	and	CCONJ
fbem-31960	39	25	the	the	DET
fbem-31960	39	26	industry	industry	NOUN
fbem-31960	39	27	as	as	ADP
fbem-31960	39	28	a	a	DET
fbem-31960	39	29	whole	whole	NOUN
fbem-31960	39	30	.	.	PUNCT
fbem-31960	40	1	by	by	ADP
fbem-31960	40	2	clarifying	clarify	VERB
fbem-31960	40	3	the	the	DET
fbem-31960	40	4	current	current	ADJ
fbem-31960	40	5	state	state	NOUN
fbem-31960	40	6	and	and	CCONJ
fbem-31960	40	7	direction	direction	NOUN
fbem-31960	40	8	of	of	ADP
fbem-31960	40	9	the	the	DET
fbem-31960	40	10	nev	nev	NOUN
fbem-31960	40	11	industry	industry	NOUN
fbem-31960	40	12	,	,	PUNCT
fbem-31960	40	13	this	this	DET
fbem-31960	40	14	research	research	NOUN
fbem-31960	40	15	aims	aim	VERB
fbem-31960	40	16	to	to	PART
fbem-31960	40	17	guide	guide	VERB
fbem-31960	40	18	china	china	PROPN
fbem-31960	40	19	's	's	PART
fbem-31960	40	20	nev	nev	ADJ
fbem-31960	40	21	sector	sector	NOUN
fbem-31960	40	22	toward	toward	ADP
fbem-31960	40	23	better	well	ADJ
fbem-31960	40	24	development	development	NOUN
fbem-31960	40	25	,	,	PUNCT
fbem-31960	40	26	enabling	enable	VERB
fbem-31960	40	27	the	the	DET
fbem-31960	40	28	entire	entire	ADJ
fbem-31960	40	29	industry	industry	NOUN
fbem-31960	40	30	to	to	PART
fbem-31960	40	31	achieve	achieve	VERB
fbem-31960	40	32	high	high	ADJ
fbem-31960	40	33	-	-	PUNCT
fbem-31960	40	34	speed	speed	NOUN
fbem-31960	40	35	growth	growth	NOUN
fbem-31960	40	36	and	and	CCONJ
fbem-31960	40	37	continuous	continuous	ADJ
fbem-31960	40	38	optimization	optimization	NOUN
fbem-31960	40	39	driven	drive	VERB
fbem-31960	40	40	by	by	ADP
fbem-31960	40	41	multiple	multiple	ADJ
fbem-31960	40	42	factors	factor	NOUN
fbem-31960	40	43	.	.	PUNCT
fbem-31960	41	1	ultimately	ultimately	ADV
fbem-31960	41	2	,	,	PUNCT
fbem-31960	41	3	it	it	PRON
fbem-31960	41	4	seeks	seek	VERB
fbem-31960	41	5	to	to	PART
fbem-31960	41	6	foster	foster	VERB
fbem-31960	41	7	a	a	DET
fbem-31960	41	8	future	future	ADJ
fbem-31960	41	9	trend	trend	NOUN
fbem-31960	41	10	of	of	ADP
fbem-31960	41	11	greener	green	ADJ
fbem-31960	41	12	,	,	PUNCT
fbem-31960	41	13	smarter	smart	ADJ
fbem-31960	41	14	,	,	PUNCT
fbem-31960	41	15	and	and	CCONJ
fbem-31960	41	16	more	more	ADV
fbem-31960	41	17	efficient	efficient	ADJ
fbem-31960	41	18	growth	growth	NOUN
fbem-31960	41	19	.	.	PUNCT
fbem-31960	42	1	4	4	X
fbem-31960	42	2	.	.	X
fbem-31960	42	3	literature	literature	NOUN
fbem-31960	42	4	review	review	VERB
fbem-31960	42	5	4.1	4.1	NUM
fbem-31960	42	6	.	.	PUNCT
fbem-31960	43	1	current	current	ADJ
fbem-31960	43	2	international	international	ADJ
fbem-31960	43	3	research	research	NOUN
fbem-31960	43	4	status	status	NOUN
fbem-31960	43	5	the	the	DET
fbem-31960	43	6	study	study	NOUN
fbem-31960	43	7	of	of	ADP
fbem-31960	43	8	corporate	corporate	ADJ
fbem-31960	43	9	growth	growth	NOUN
fbem-31960	43	10	theory	theory	NOUN
fbem-31960	43	11	began	begin	VERB
fbem-31960	43	12	relatively	relatively	ADV
fbem-31960	43	13	early	early	ADV
fbem-31960	43	14	in	in	ADP
fbem-31960	43	15	foreign	foreign	ADJ
fbem-31960	43	16	countries	country	NOUN
fbem-31960	43	17	,	,	PUNCT
fbem-31960	43	18	initially	initially	ADV
fbem-31960	43	19	explored	explore	VERB
fbem-31960	43	20	by	by	ADP
fbem-31960	43	21	adam	adam	PROPN
fbem-31960	43	22	smith	smith	PROPN
fbem-31960	43	23	and	and	CCONJ
fbem-31960	43	24	marshall	marshall	PROPN
fbem-31960	43	25	,	,	PUNCT
fbem-31960	43	26	who	who	PRON
fbem-31960	43	27	explained	explain	VERB
fbem-31960	43	28	enterprise	enterprise	NOUN
fbem-31960	43	29	growth	growth	NOUN
fbem-31960	43	30	through	through	ADP
fbem-31960	43	31	the	the	DET
fbem-31960	43	32	division	division	NOUN
fbem-31960	43	33	of	of	ADP
fbem-31960	43	34	labor	labor	NOUN
fbem-31960	43	35	and	and	CCONJ
fbem-31960	43	36	economies	economy	NOUN
fbem-31960	43	37	of	of	ADP
fbem-31960	43	38	scale	scale	NOUN
fbem-31960	43	39	.	.	PUNCT
fbem-31960	44	1	over	over	ADP
fbem-31960	44	2	time	time	NOUN
fbem-31960	44	3	,	,	PUNCT
fbem-31960	44	4	various	various	ADJ
fbem-31960	44	5	analyses	analysis	NOUN
fbem-31960	44	6	of	of	ADP
fbem-31960	44	7	growth	growth	NOUN
fbem-31960	44	8	have	have	AUX
fbem-31960	44	9	"	"	PUNCT
fbem-31960	44	10	blossomed	blossom	VERB
fbem-31960	44	11	"	"	PUNCT
fbem-31960	44	12	in	in	ADP
fbem-31960	44	13	diverse	diverse	ADJ
fbem-31960	44	14	ways	way	NOUN
fbem-31960	44	15	.	.	PUNCT
fbem-31960	45	1	myers	myers	PROPN
fbem-31960	45	2	and	and	CCONJ
fbem-31960	45	3	turnbull	turnbull	PROPN
fbem-31960	45	4	(	(	PUNCT
fbem-31960	45	5	1977	1977	NUM
fbem-31960	45	6	)	)	PUNCT
fbem-31960	45	7	,	,	PUNCT
fbem-31960	45	8	in	in	ADP
fbem-31960	45	9	their	their	PRON
fbem-31960	45	10	study	study	NOUN
fbem-31960	45	11	on	on	ADP
fbem-31960	45	12	the	the	DET
fbem-31960	45	13	relationship	relationship	NOUN
fbem-31960	45	14	between	between	ADP
fbem-31960	45	15	corporate	corporate	ADJ
fbem-31960	45	16	debt	debt	NOUN
fbem-31960	45	17	and	and	CCONJ
fbem-31960	45	18	growth	growth	NOUN
fbem-31960	45	19	,	,	PUNCT
fbem-31960	45	20	concluded	conclude	VERB
fbem-31960	45	21	that	that	SCONJ
fbem-31960	45	22	companies	company	NOUN
fbem-31960	45	23	with	with	ADP
fbem-31960	45	24	high	high	ADJ
fbem-31960	45	25	debt	debt	NOUN
fbem-31960	45	26	ratios	ratio	NOUN
fbem-31960	45	27	face	face	VERB
fbem-31960	45	28	higher	high	ADJ
fbem-31960	45	29	risks	risk	NOUN
fbem-31960	45	30	of	of	ADP
fbem-31960	45	31	bankruptcy	bankruptcy	NOUN
fbem-31960	45	32	.	.	PUNCT
fbem-31960	46	1	if	if	SCONJ
fbem-31960	46	2	forced	force	VERB
fbem-31960	46	3	into	into	ADP
fbem-31960	46	4	liquidation	liquidation	NOUN
fbem-31960	46	5	,	,	PUNCT
fbem-31960	46	6	such	such	ADJ
fbem-31960	46	7	companies	company	NOUN
fbem-31960	46	8	would	would	AUX
fbem-31960	46	9	lose	lose	VERB
fbem-31960	46	10	opportunities	opportunity	NOUN
fbem-31960	46	11	for	for	ADP
fbem-31960	46	12	sustainable	sustainable	ADJ
fbem-31960	46	13	growth	growth	NOUN
fbem-31960	46	14	.	.	PUNCT
fbem-31960	47	1	therefore	therefore	ADV
fbem-31960	47	2	,	,	PUNCT
fbem-31960	47	3	when	when	SCONJ
fbem-31960	47	4	more	more	ADJ
fbem-31960	47	5	development	development	NOUN
fbem-31960	47	6	opportunities	opportunity	NOUN
fbem-31960	47	7	arise	arise	VERB
fbem-31960	47	8	,	,	PUNCT
fbem-31960	47	9	enterprises	enterprise	NOUN
fbem-31960	47	10	tend	tend	VERB
fbem-31960	47	11	to	to	PART
fbem-31960	47	12	adopt	adopt	VERB
fbem-31960	47	13	more	more	ADV
fbem-31960	47	14	conservative	conservative	ADJ
fbem-31960	47	15	financial	financial	ADJ
fbem-31960	47	16	strategies	strategy	NOUN
fbem-31960	47	17	.	.	PUNCT
fbem-31960	48	1	they	they	PRON
fbem-31960	48	2	predicted	predict	VERB
fbem-31960	48	3	a	a	DET
fbem-31960	48	4	negative	negative	ADJ
fbem-31960	48	5	correlation	correlation	NOUN
fbem-31960	48	6	between	between	ADP
fbem-31960	48	7	corporate	corporate	ADJ
fbem-31960	48	8	growth	growth	NOUN
fbem-31960	48	9	and	and	CCONJ
fbem-31960	48	10	debt	debt	NOUN
fbem-31960	48	11	ratios	ratio	NOUN
fbem-31960	48	12	.	.	PUNCT
fbem-31960	49	1	additionally	additionally	ADV
fbem-31960	49	2	,	,	PUNCT
fbem-31960	49	3	the	the	DET
fbem-31960	49	4	study	study	NOUN
fbem-31960	49	5	highlighted	highlight	VERB
fbem-31960	49	6	several	several	ADJ
fbem-31960	49	7	key	key	ADJ
fbem-31960	49	8	factors	factor	NOUN
fbem-31960	49	9	influencing	influence	VERB
fbem-31960	49	10	corporate	corporate	ADJ
fbem-31960	49	11	growth	growth	NOUN
fbem-31960	49	12	,	,	PUNCT
fbem-31960	49	13	such	such	ADJ
fbem-31960	49	14	as	as	ADP
fbem-31960	49	15	debt	debt	NOUN
fbem-31960	49	16	capacity	capacity	NOUN
fbem-31960	49	17	,	,	PUNCT
fbem-31960	49	18	industry	industry	NOUN
fbem-31960	49	19	attributes	attribute	NOUN
fbem-31960	49	20	,	,	PUNCT
fbem-31960	49	21	corporate	corporate	ADJ
fbem-31960	49	22	management	management	NOUN
fbem-31960	49	23	,	,	PUNCT
fbem-31960	49	24	and	and	CCONJ
fbem-31960	49	25	company	company	NOUN
fbem-31960	49	26	size	size	NOUN
fbem-31960	49	27	.	.	PUNCT
fbem-31960	50	1	kim	kim	PROPN
fbem-31960	50	2	(	(	PUNCT
fbem-31960	50	3	2011	2011	NUM
fbem-31960	50	4	)	)	PUNCT
fbem-31960	50	5	also	also	ADV
fbem-31960	50	6	emphasized	emphasize	VERB
fbem-31960	50	7	the	the	DET
fbem-31960	50	8	importance	importance	NOUN
fbem-31960	50	9	of	of	ADP
fbem-31960	50	10	debt	debt	NOUN
fbem-31960	50	11	,	,	PUNCT
fbem-31960	50	12	arguing	argue	VERB
fbem-31960	50	13	that	that	SCONJ
fbem-31960	50	14	internal	internal	ADJ
fbem-31960	50	15	funds	fund	NOUN
fbem-31960	50	16	and	and	CCONJ
fbem-31960	50	17	short	short	ADJ
fbem-31960	50	18	-term	-term	NOUN
fbem-31960	50	19	debt	debt	NOUN
fbem-31960	50	20	are	be	AUX
fbem-31960	50	21	critical	critical	ADJ
fbem-31960	50	22	determinants	determinant	NOUN
fbem-31960	50	23	of	of	ADP
fbem-31960	50	24	corporate	corporate	ADJ
fbem-31960	50	25	growth	growth	NOUN
fbem-31960	50	26	,	,	PUNCT
fbem-31960	50	27	while	while	SCONJ
fbem-31960	50	28	exogenous	exogenous	ADJ
fbem-31960	50	29	financing	financing	NOUN
fbem-31960	50	30	has	have	VERB
fbem-31960	50	31	limited	limit	VERB
fbem-31960	50	32	impact	impact	NOUN
fbem-31960	50	33	.	.	PUNCT
fbem-31960	51	1	in	in	ADP
fbem-31960	51	2	contrast	contrast	NOUN
fbem-31960	51	3	,	,	PUNCT
fbem-31960	51	4	yazdanfar	yazdanfar	ADV
fbem-31960	51	5	danish	danish	ADJ
fbem-31960	51	6	and	and	CCONJ
fbem-31960	51	7	khalik	khalik	PROPN
fbem-31960	51	8	salman	salman	PROPN
fbem-31960	51	9	(	(	PUNCT
fbem-31960	51	10	2012	2012	NUM
fbem-31960	51	11	)	)	PUNCT
fbem-31960	51	12	approached	approach	VERB
fbem-31960	51	13	the	the	DET
fbem-31960	51	14	topic	topic	NOUN
fbem-31960	51	15	from	from	ADP
fbem-31960	51	16	a	a	DET
fbem-31960	51	17	different	different	ADJ
fbem-31960	51	18	perspective	perspective	NOUN
fbem-31960	51	19	,	,	PUNCT
fbem-31960	51	20	examining	examine	VERB
fbem-31960	51	21	the	the	DET
fbem-31960	51	22	role	role	NOUN
fbem-31960	51	23	of	of	ADP
fbem-31960	51	24	short	short	ADJ
fbem-31960	51	25	-term	-term	NOUN
fbem-31960	51	26	and	and	CCONJ
fbem-31960	51	27	long	long	ADJ
fbem-31960	51	28	-	-	PUNCT
fbem-31960	51	29	term	term	NOUN
fbem-31960	51	30	debt	debt	NOUN
fbem-31960	51	31	in	in	ADP
fbem-31960	51	32	promoting	promote	VERB
fbem-31960	51	33	corporate	corporate	ADJ
fbem-31960	51	34	growth	growth	NOUN
fbem-31960	51	35	.	.	PUNCT
fbem-31960	52	1	using	use	VERB
fbem-31960	52	2	data	datum	NOUN
fbem-31960	52	3	from	from	ADP
fbem-31960	52	4	12,101	12,101	NUM
fbem-31960	52	5	small	small	ADJ
fbem-31960	52	6	enterprises	enterprise	NOUN
fbem-31960	52	7	in	in	ADP
fbem-31960	52	8	sweden	sweden	PROPN
fbem-31960	52	9	,	,	PUNCT
fbem-31960	52	10	their	their	PRON
fbem-31960	52	11	results	result	NOUN
fbem-31960	52	12	showed	show	VERB
fbem-31960	52	13	that	that	SCONJ
fbem-31960	52	14	retained	retain	VERB
fbem-31960	52	15	earnings	earning	NOUN
fbem-31960	52	16	significantly	significantly	ADV
fbem-31960	52	17	influence	influence	VERB
fbem-31960	52	18	growth	growth	NOUN
fbem-31960	52	19	,	,	PUNCT
fbem-31960	52	20	sho	sho	X
fbem-31960	52	21	rt	rt	ADJ
fbem-31960	52	22	-	-	PUNCT
fbem-31960	52	23	term	term	NOUN
fbem-31960	52	24	debt	debt	NOUN
fbem-31960	52	25	enhances	enhance	VERB
fbem-31960	52	26	growth	growth	NOUN
fbem-31960	52	27	,	,	PUNCT
fbem-31960	52	28	but	but	CCONJ
fbem-31960	52	29	long	long	ADJ
fbem-31960	52	30	-	-	PUNCT
fbem-31960	52	31	term	term	NOUN
fbem-31960	52	32	debt	debt	NOUN
fbem-31960	52	33	has	have	AUX
fbem-31960	52	34	limited	limit	VERB
fbem-31960	52	35	promotional	promotional	ADJ
fbem-31960	52	36	effects	effect	NOUN
fbem-31960	52	37	.	.	PUNCT
fbem-31960	53	1	the	the	DET
fbem-31960	53	2	relationship	relationship	NOUN
fbem-31960	53	3	between	between	ADP
fbem-31960	53	4	corporate	corporate	ADJ
fbem-31960	53	5	growth	growth	NOUN
fbem-31960	53	6	and	and	CCONJ
fbem-31960	53	7	factors	factor	NOUN
fbem-31960	53	8	beyond	beyond	ADP
fbem-31960	53	9	debt	debt	NOUN
fbem-31960	53	10	was	be	AUX
fbem-31960	53	11	also	also	ADV
fbem-31960	53	12	explored	explore	VERB
fbem-31960	53	13	.	.	PUNCT
fbem-31960	54	1	andrews	andrews	PROPN
fbem-31960	54	2	and	and	CCONJ
fbem-31960	54	3	de	de	PROPN
fbem-31960	54	4	serres	serre	NOUN
fbem-31960	54	5	(	(	PUNCT
fbem-31960	54	6	2012	2012	NUM
fbem-31960	54	7	)	)	PUNCT
fbem-31960	54	8	argued	argue	VERB
fbem-31960	54	9	that	that	SCONJ
fbem-31960	54	10	intangible	intangible	ADJ
fbem-31960	54	11	assets	asset	NOUN
fbem-31960	54	12	are	be	AUX
fbem-31960	54	13	key	key	ADJ
fbem-31960	54	14	sources	source	NOUN
fbem-31960	54	15	of	of	ADP
fbem-31960	54	16	innovation	innovation	NOUN
fbem-31960	54	17	and	and	CCONJ
fbem-31960	54	18	productivity	productivity	NOUN
fbem-31960	54	19	,	,	PUNCT
fbem-31960	54	20	analyzing	analyze	VERB
fbem-31960	54	21	how	how	SCONJ
fbem-31960	54	22	they	they	PRON
fbem-31960	54	23	impact	impact	VERB
fbem-31960	54	24	corporate	corporate	ADJ
fbem-31960	54	25	growth	growth	NOUN
fbem-31960	54	26	.	.	PUNCT
fbem-31960	55	1	cefis	cefis	NOUN
fbem-31960	55	2	,	,	PUNCT
fbem-31960	55	3	ciccarelli	ciccarelli	NOUN
fbem-31960	55	4	,	,	PUNCT
fbem-31960	55	5	and	and	CCONJ
fbem-31960	55	6	orsenigo	orsenigo	ADJ
fbem-31960	55	7	(	(	PUNCT
fbem-31960	55	8	2007	2007	NUM
fbem-31960	55	9	)	)	PUNCT
fbem-31960	55	10	studied	study	VERB
fbem-31960	55	11	the	the	DET
fbem-31960	55	12	relationship	relationship	NOUN
fbem-31960	55	13	between	between	ADP
fbem-31960	55	14	gibrat	gibrat	NOUN
fbem-31960	55	15	’s	’s	PART
fbem-31960	55	16	law	law	NOUN
fbem-31960	55	17	and	and	CCONJ
fbem-31960	55	18	corporate	corporate	ADJ
fbem-31960	55	19	growth	growth	NOUN
fbem-31960	55	20	,	,	PUNCT
fbem-31960	55	21	finding	find	VERB
fbem-31960	55	22	that	that	SCONJ
fbem-31960	55	23	under	under	ADP
fbem-31960	55	24	bayesian	bayesian	NOUN
fbem-31960	55	25	panel	panel	NOUN
fbem-31960	55	26	data	datum	NOUN
fbem-31960	55	27	methods	method	NOUN
fbem-31960	55	28	,	,	PUNCT
fbem-31960	55	29	corporate	corporate	ADJ
fbem-31960	55	30	growth	growth	NOUN
fbem-31960	55	31	rates	rate	NOUN
fbem-31960	55	32	and	and	CCONJ
fbem-31960	55	33	firm	firm	ADJ
fbem-31960	55	34	size	size	NOUN
fbem-31960	55	35	do	do	AUX
fbem-31960	55	36	not	not	PART
fbem-31960	55	37	converge	converge	VERB
fbem-31960	55	38	to	to	ADP
fbem-31960	55	39	a	a	DET
fbem-31960	55	40	common	common	ADJ
fbem-31960	55	41	limiting	limit	VERB
fbem-31960	55	42	distribution	distribution	NOUN
fbem-31960	55	43	,	,	PUNCT
fbem-31960	55	44	indicating	indicate	VERB
fbem-31960	55	45	a	a	DET
fbem-31960	55	46	certain	certain	ADJ
fbem-31960	55	47	correlation	correlation	NOUN
fbem-31960	55	48	between	between	ADP
fbem-31960	55	49	growth	growth	NOUN
fbem-31960	55	50	rate	rate	NOUN
fbem-31960	55	51	and	and	CCONJ
fbem-31960	55	52	scale	scale	NOUN
fbem-31960	55	53	.	.	PUNCT
fbem-31960	56	1	xia	xia	PROPN
fbem-31960	56	2	ying	ying	PROPN
fbem-31960	56	3	(	(	PUNCT
fbem-31960	56	4	2013	2013	NUM
fbem-31960	56	5	)	)	PUNCT
fbem-31960	56	6	,	,	PUNCT
fbem-31960	56	7	in	in	ADP
fbem-31960	56	8	evaluating	evaluate	VERB
fbem-31960	56	9	the	the	DET
fbem-31960	56	10	growth	growth	NOUN
fbem-31960	56	11	of	of	ADP
fbem-31960	56	12	companies	company	NOUN
fbem-31960	56	13	listed	list	VERB
fbem-31960	56	14	on	on	ADP
fbem-31960	56	15	china	china	PROPN
fbem-31960	56	16	’s	’s	PART
fbem-31960	56	17	growth	growth	NOUN
fbem-31960	56	18	enterprise	enterprise	NOUN
fbem-31960	56	19	market	market	NOUN
fbem-31960	56	20	,	,	PUNCT
fbem-31960	56	21	used	use	VERB
fbem-31960	56	22	ownership	ownership	NOUN
fbem-31960	56	23	concentration	concentration	NOUN
fbem-31960	56	24	and	and	CCONJ
fbem-31960	56	25	sustainable	sustainable	ADJ
fbem-31960	56	26	growth	growth	NOUN
fbem-31960	56	27	rate	rate	NOUN
fbem-31960	56	28	as	as	ADP
fbem-31960	56	29	proxy	proxy	ADJ
fbem-31960	56	30	variables	variable	NOUN
fbem-31960	56	31	.	.	PUNCT
fbem-31960	57	1	the	the	DET
fbem-31960	57	2	study	study	NOUN
fbem-31960	57	3	found	find	VERB
fbem-31960	57	4	that	that	SCONJ
fbem-31960	57	5	major	major	ADJ
fbem-31960	57	6	shareholders	shareholder	NOUN
fbem-31960	57	7	effective	effective	ADJ
fbem-31960	57	8	ly	ly	X
fbem-31960	57	9	reduce	reduce	VERB
fbem-31960	57	10	agency	agency	NOUN
fbem-31960	57	11	problems	problem	NOUN
fbem-31960	57	12	,	,	PUNCT
fbem-31960	57	13	and	and	CCONJ
fbem-31960	57	14	sustainable	sustainable	ADJ
fbem-31960	57	15	growth	growth	NOUN
fbem-31960	57	16	rate	rate	NOUN
fbem-31960	57	17	positively	positively	ADV
fbem-31960	57	18	correlates	correlate	VERB
fbem-31960	57	19	with	with	ADP
fbem-31960	57	20	corporate	corporate	ADJ
fbem-31960	57	21	growth	growth	NOUN
fbem-31960	57	22	.	.	PUNCT
fbem-31960	58	1	the	the	DET
fbem-31960	58	2	study	study	NOUN
fbem-31960	58	3	most	most	ADV
fbem-31960	58	4	closely	closely	ADV
fbem-31960	58	5	aligned	align	VERB
fbem-31960	58	6	with	with	ADP
fbem-31960	58	7	the	the	DET
fbem-31960	58	8	growth	growth	NOUN
fbem-31960	58	9	aspects	aspect	NOUN
fbem-31960	58	10	examined	examine	VERB
fbem-31960	58	11	in	in	ADP
fbem-31960	58	12	this	this	DET
fbem-31960	58	13	paper	paper	NOUN
fbem-31960	58	14	is	be	AUX
fbem-31960	58	15	the	the	DET
fbem-31960	58	16	work	work	NOUN
fbem-31960	58	17	by	by	ADP
fbem-31960	58	18	jordan	jordan	PROPN
fbem-31960	58	19	,	,	PUNCT
fbem-31960	58	20	lowe	lowe	PROPN
fbem-31960	58	21	,	,	PUNCT
fbem-31960	58	22	and	and	CCONJ
fbem-31960	58	23	taylor	taylor	PROPN
fbem-31960	58	24	(	(	PUNCT
fbem-31960	58	25	2010	2010	NUM
fbem-31960	58	26	)	)	PUNCT
fbem-31960	58	27	.	.	PUNCT
fbem-31960	59	1	their	their	PRON
fbem-31960	59	2	research	research	NOUN
fbem-31960	59	3	selected	select	VERB
fbem-31960	59	4	over	over	ADP
fbem-31960	59	5	200	200	NUM
fbem-31960	59	6	small	small	ADJ
fbem-31960	59	7	and	and	CCONJ
fbem-31960	59	8	medium	medium	ADJ
fbem-31960	59	9	-	-	PUNCT
fbem-31960	59	10	sized	sized	ADJ
fbem-31960	59	11	enterprises	enterprise	NOUN
fbem-31960	59	12	in	in	ADP
fbem-31960	59	13	the	the	DET
fbem-31960	59	14	uk	uk	PROPN
fbem-31960	59	15	as	as	ADP
fbem-31960	59	16	subjects	subject	NOUN
fbem-31960	59	17	,	,	PUNCT
fbem-31960	59	18	analyzing	analyze	VERB
fbem-31960	59	19	three	three	NUM
fbem-31960	59	20	consecutive	consecutive	ADJ
fbem-31960	59	21	years	year	NOUN
fbem-31960	59	22	of	of	ADP
fbem-31960	59	23	financial	financial	ADJ
fbem-31960	59	24	data	datum	NOUN
fbem-31960	59	25	.	.	PUNCT
fbem-31960	60	1	they	they	PRON
fbem-31960	60	2	identified	identify	VERB
fbem-31960	60	3	key	key	ADJ
fbem-31960	60	4	factors	factor	NOUN
fbem-31960	60	5	significantly	significantly	ADV
fbem-31960	60	6	influencing	influence	VERB
fbem-31960	60	7	corporate	corporate	ADJ
fbem-31960	60	8	growth	growth	NOUN
fbem-31960	60	9	:	:	PUNCT
fbem-31960	60	10	from	from	ADP
fbem-31960	60	11	a	a	DET
fbem-31960	60	12	financial	financial	ADJ
fbem-31960	60	13	perspective	perspective	NOUN
fbem-31960	60	14	,	,	PUNCT
fbem-31960	60	15	profitability	profitability	NOUN
fbem-31960	60	16	,	,	PUNCT
fbem-31960	60	17	development	development	NOUN
fbem-31960	60	18	capability	capability	NOUN
fbem-31960	60	19	,	,	PUNCT
fbem-31960	60	20	and	and	CCONJ
fbem-31960	60	21	shareholder	shareholder	NOUN
fbem-31960	60	22	returns	return	NOUN
fbem-31960	60	23	are	be	AUX
fbem-31960	60	24	crucial	crucial	ADJ
fbem-31960	60	25	and	and	CCONJ
fbem-31960	60	26	positively	positively	ADV
fbem-31960	60	27	correlated	correlate	VERB
fbem-31960	60	28	with	with	ADP
fbem-31960	60	29	growth	growth	NOUN
fbem-31960	60	30	,	,	PUNCT
fbem-31960	60	31	while	while	SCONJ
fbem-31960	60	32	income	income	NOUN
fbem-31960	60	33	tax	tax	NOUN
fbem-31960	60	34	rates	rate	NOUN
fbem-31960	60	35	and	and	CCONJ
fbem-31960	60	36	operational	operational	ADJ
fbem-31960	60	37	risks	risk	NOUN
fbem-31960	60	38	show	show	VERB
fbem-31960	60	39	significant	significant	ADJ
fbem-31960	60	40	negative	negative	ADJ
fbem-31960	60	41	correlations	correlation	NOUN
fbem-31960	60	42	with	with	ADP
fbem-31960	60	43	corporate	corporate	ADJ
fbem-31960	60	44	growth	growth	NOUN
fbem-31960	60	45	.	.	PUNCT
fbem-31960	61	1	4.2	4.2	NUM
fbem-31960	61	2	.	.	PUNCT
fbem-31960	62	1	current	current	ADJ
fbem-31960	62	2	domestic	domestic	ADJ
fbem-31960	62	3	research	research	NOUN
fbem-31960	62	4	status	status	NOUN
fbem-31960	62	5	regarding	regard	VERB
fbem-31960	62	6	the	the	DET
fbem-31960	62	7	issue	issue	NOUN
fbem-31960	62	8	of	of	ADP
fbem-31960	62	9	corporate	corporate	ADJ
fbem-31960	62	10	growth	growth	NOUN
fbem-31960	62	11	,	,	PUNCT
fbem-31960	62	12	domestic	domestic	ADJ
fbem-31960	62	13	scholars	scholar	NOUN
fbem-31960	62	14	have	have	AUX
fbem-31960	62	15	also	also	ADV
fbem-31960	62	16	achieved	achieve	VERB
fbem-31960	62	17	significant	significant	ADJ
fbem-31960	62	18	research	research	NOUN
fbem-31960	62	19	results	result	NOUN
fbem-31960	62	20	.	.	PUNCT
fbem-31960	63	1	chen	chen	PROPN
fbem-31960	63	2	xiaohong	xiaohong	PROPN
fbem-31960	63	3	,	,	PUNCT
fbem-31960	63	4	zou	zou	PROPN
fbem-31960	63	5	xiangjuan	xiangjuan	PROPN
fbem-31960	63	6	,	,	PUNCT
fbem-31960	63	7	and	and	CCONJ
fbem-31960	63	8	yu	yu	PROPN
fbem-31960	63	9	jian	jian	PROPN
fbem-31960	63	10	(	(	PUNCT
fbem-31960	63	11	2005	2005	NUM
fbem-31960	63	12	)	)	PUNCT
fbem-31960	63	13	employed	employ	VERB
fbem-31960	63	14	empirical	empirical	ADJ
fbem-31960	63	15	analysis	analysis	NOUN
fbem-31960	63	16	methods	method	NOUN
fbem-31960	63	17	to	to	PART
fbem-31960	63	18	study	study	VERB
fbem-31960	63	19	the	the	DET
fbem-31960	63	20	growth	growth	NOUN
fbem-31960	63	21	of	of	ADP
fbem-31960	63	22	small	small	ADJ
fbem-31960	63	23	and	and	CCONJ
fbem-31960	63	24	medium	medium	ADJ
fbem-31960	63	25	-	-	PUNCT
fbem-31960	63	26	sized	sized	ADJ
fbem-31960	63	27	enterprises	enterprise	NOUN
fbem-31960	63	28	(	(	PUNCT
fbem-31960	63	29	smes	sme	NOUN
fbem-31960	63	30	)	)	PUNCT
fbem-31960	63	31	in	in	ADP
fbem-31960	63	32	china	china	PROPN
fbem-31960	63	33	.	.	PUNCT
fbem-31960	64	1	they	they	PRON
fbem-31960	64	2	also	also	ADV
fbem-31960	64	3	utilized	utilize	VERB
fbem-31960	64	4	grey	grey	ADJ
fbem-31960	64	5	relational	relational	ADJ
fbem-31960	64	6	analysis	analysis	NOUN
fbem-31960	64	7	(	(	PUNCT
fbem-31960	64	8	gra	gra	PROPN
fbem-31960	64	9	)	)	PUNCT
fbem-31960	64	10	and	and	CCONJ
fbem-31960	64	11	the	the	DET
fbem-31960	64	12	catastrophe	catastrophe	NOUN
fbem-31960	64	13	progression	progression	NOUN
fbem-31960	64	14	method	method	NOUN
fbem-31960	64	15	to	to	PART
fbem-31960	64	16	construct	construct	VERB
fbem-31960	64	17	and	and	CCONJ
fbem-31960	64	18	analyze	analyze	VERB
fbem-31960	64	19	models	model	NOUN
fbem-31960	64	20	.	.	PUNCT
fbem-31960	65	1	compared	compare	VERB
fbem-31960	65	2	to	to	ADP
fbem-31960	65	3	non	non	ADJ
fbem-31960	65	4	-	-	ADJ
fbem-31960	65	5	experimental	experimental	ADJ
fbem-31960	65	6	conclusions	conclusion	NOUN
fbem-31960	65	7	,	,	PUNCT
fbem-31960	65	8	this	this	DET
fbem-31960	65	9	model	model	NOUN
fbem-31960	65	10	was	be	AUX
fbem-31960	65	11	validated	validate	VERB
fbem-31960	65	12	for	for	ADP
fbem-31960	65	13	its	its	PRON
fbem-31960	65	14	effectiveness	effectiveness	NOUN
fbem-31960	65	15	.	.	PUNCT
fbem-31960	66	1	although	although	SCONJ
fbem-31960	66	2	this	this	DET
fbem-31960	66	3	method	method	NOUN
fbem-31960	66	4	can	can	AUX
fbem-31960	66	5	be	be	AUX
fbem-31960	66	6	quantified	quantify	VERB
fbem-31960	66	7	,	,	PUNCT
fbem-31960	66	8	it	it	PRON
fbem-31960	66	9	lacks	lack	VERB
fbem-31960	66	10	universality	universality	NOUN
fbem-31960	66	11	due	due	ADP
fbem-31960	66	12	to	to	ADP
fbem-31960	66	13	its	its	PRON
fbem-31960	66	14	failure	failure	NOUN
fbem-31960	66	15	to	to	PART
fbem-31960	66	16	account	account	VERB
fbem-31960	66	17	for	for	ADP
fbem-31960	66	18	variations	variation	NOUN
fbem-31960	66	19	across	across	ADP
fbem-31960	66	20	different	different	ADJ
fbem-31960	66	21	industries	industry	NOUN
fbem-31960	66	22	.	.	PUNCT
fbem-31960	67	1	moreover	moreover	ADV
fbem-31960	67	2	,	,	PUNCT
fbem-31960	67	3	as	as	ADV
fbem-31960	67	4	early	early	ADV
fbem-31960	67	5	as	as	ADP
fbem-31960	67	6	1997	1997	NUM
fbem-31960	67	7	,	,	PUNCT
fbem-31960	67	8	cong	cong	NOUN
fbem-31960	67	9	peihua	peihua	PROPN
fbem-31960	67	10	’s	’s	PART
fbem-31960	67	11	research	research	NOUN
fbem-31960	67	12	suggested	suggest	VERB
fbem-31960	67	13	that	that	SCONJ
fbem-31960	67	14	the	the	DET
fbem-31960	67	15	growth	growth	NOUN
fbem-31960	67	16	of	of	ADP
fbem-31960	67	17	listed	list	VERB
fbem-31960	67	18	companies	company	NOUN
fbem-31960	67	19	is	be	AUX
fbem-31960	67	20	closely	closely	ADV
fbem-31960	67	21	related	relate	VERB
fbem-31960	67	22	to	to	ADP
fbem-31960	67	23	their	their	PRON
fbem-31960	67	24	industry	industry	NOUN
fbem-31960	67	25	,	,	PUNCT
fbem-31960	67	26	as	as	ADV
fbem-31960	67	27	well	well	ADV
fbem-31960	67	28	as	as	ADP
fbem-31960	67	29	to	to	PART
fbem-31960	67	30	firm	firm	ADJ
fbem-31960	67	31	size	size	NOUN
fbem-31960	67	32	and	and	CCONJ
fbem-31960	67	33	financial	financial	ADJ
fbem-31960	67	34	structure	structure	NOUN
fbem-31960	67	35	.	.	PUNCT
fbem-31960	68	1	both	both	DET
fbem-31960	68	2	studies	study	NOUN
fbem-31960	68	3	highlight	highlight	VERB
fbem-31960	68	4	the	the	DET
fbem-31960	68	5	important	important	ADJ
fbem-31960	68	6	relationship	relationship	NOUN
fbem-31960	68	7	between	between	ADP
fbem-31960	68	8	corporate	corporate	ADJ
fbem-31960	68	9	growth	growth	NOUN
fbem-31960	68	10	and	and	CCONJ
fbem-31960	68	11	the	the	DET
fbem-31960	68	12	industry	industry	NOUN
fbem-31960	68	13	in	in	ADP
fbem-31960	68	14	which	which	PRON
fbem-31960	68	15	a	a	DET
fbem-31960	68	16	company	company	NOUN
fbem-31960	68	17	operates	operate	VERB
fbem-31960	68	18	.	.	PUNCT
fbem-31960	69	1	in	in	ADP
fbem-31960	69	2	addition	addition	NOUN
fbem-31960	69	3	to	to	ADP
fbem-31960	69	4	empirical	empirical	ADJ
fbem-31960	69	5	analysis	analysis	NOUN
fbem-31960	69	6	,	,	PUNCT
fbem-31960	69	7	some	some	DET
fbem-31960	69	8	scholars	scholar	NOUN
fbem-31960	69	9	have	have	AUX
fbem-31960	69	10	established	establish	VERB
fbem-31960	69	11	indicator	indicator	NOUN
fbem-31960	69	12	systems	system	NOUN
fbem-31960	69	13	and	and	CCONJ
fbem-31960	69	14	examined	examine	VERB
fbem-31960	69	15	financial	financial	ADJ
fbem-31960	69	16	metrics	metric	NOUN
fbem-31960	69	17	to	to	PART
fbem-31960	69	18	evaluate	evaluate	VERB
fbem-31960	69	19	corporate	corporate	ADJ
fbem-31960	69	20	growth	growth	NOUN
fbem-31960	69	21	.	.	PUNCT
fbem-31960	70	1	for	for	ADP
fbem-31960	70	2	example	example	NOUN
fbem-31960	70	3	,	,	PUNCT
fbem-31960	70	4	fan	fan	NOUN
fbem-31960	70	5	bainan	bainan	PROPN
fbem-31960	70	6	,	,	PUNCT
fbem-31960	70	7	shen	shen	PROPN
fbem-31960	70	8	rongfang	rongfang	PROPN
fbem-31960	70	9	,	,	PUNCT
fbem-31960	70	10	and	and	CCONJ
fbem-31960	70	11	chen	chen	PROPN
fbem-31960	70	12	demian	demian	PROPN
fbem-31960	70	13	(	(	PUNCT
fbem-31960	70	14	2011	2011	NUM
fbem-31960	70	15	)	)	PUNCT
fbem-31960	70	16	used	use	VERB
fbem-31960	70	17	questionnaires	questionnaire	NOUN
fbem-31960	70	18	to	to	PART
fbem-31960	70	19	collect	collect	VERB
fbem-31960	70	20	data	datum	NOUN
fbem-31960	70	21	on	on	ADP
fbem-31960	70	22	factors	factor	NOUN
fbem-31960	70	23	influencing	influence	VERB
fbem-31960	70	24	the	the	DET
fbem-31960	70	25	growth	growth	NOUN
fbem-31960	70	26	of	of	ADP
fbem-31960	70	27	venture	venture	NOUN
fbem-31960	70	28	enterprises	enterprise	NOUN
fbem-31960	70	29	and	and	CCONJ
fbem-31960	70	30	venture	venture	NOUN
fbem-31960	70	31	capital	capital	NOUN
fbem-31960	70	32	firms	firm	NOUN
fbem-31960	70	33	in	in	ADP
fbem-31960	70	34	china	china	PROPN
fbem-31960	70	35	.	.	PUNCT
fbem-31960	71	1	based	base	VERB
fbem-31960	71	2	on	on	ADP
fbem-31960	71	3	this	this	PRON
fbem-31960	71	4	,	,	PUNCT
fbem-31960	71	5	they	they	PRON
fbem-31960	71	6	developed	develop	VERB
fbem-31960	71	7	a	a	DET
fbem-31960	71	8	hierarchical	hierarchical	ADJ
fbem-31960	71	9	evaluation	evaluation	NOUN
fbem-31960	71	10	index	index	NOUN
fbem-31960	71	11	system	system	NOUN
fbem-31960	71	12	for	for	ADP
fbem-31960	71	13	venture	venture	NOUN
fbem-31960	71	14	enterprise	enterprise	NOUN
fbem-31960	71	15	growth	growth	NOUN
fbem-31960	71	16	,	,	PUNCT
fbem-31960	71	17	though	though	SCONJ
fbem-31960	71	18	this	this	DET
fbem-31960	71	19	method	method	NOUN
fbem-31960	71	20	lacks	lack	VERB
fbem-31960	71	21	empirical	empirical	ADJ
fbem-31960	71	22	validation	validation	NOUN
fbem-31960	71	23	.	.	PUNCT
fbem-31960	72	1	kang	kang	PROPN
fbem-31960	72	2	linjie	linjie	PROPN
fbem-31960	72	3	and	and	CCONJ
fbem-31960	72	4	cao	cao	PROPN
fbem-31960	72	5	zhaohui	zhaohui	PROPN
fbem-31960	72	6	(	(	PUNCT
fbem-31960	72	7	2021	2021	NUM
fbem-31960	72	8	)	)	PUNCT
fbem-31960	72	9	took	take	VERB
fbem-31960	72	10	pharmaceutical	pharmaceutical	ADJ
fbem-31960	72	11	companies	company	NOUN
fbem-31960	72	12	in	in	ADP
fbem-31960	72	13	hebei	hebei	PROPN
fbem-31960	72	14	province	province	PROPN
fbem-31960	72	15	as	as	ADP
fbem-31960	72	16	a	a	DET
fbem-31960	72	17	case	case	NOUN
fbem-31960	72	18	study	study	NOUN
fbem-31960	72	19	and	and	CCONJ
fbem-31960	72	20	,	,	PUNCT
fbem-31960	72	21	from	from	ADP
fbem-31960	72	22	the	the	DET
fbem-31960	72	23	perspective	perspective	NOUN
fbem-31960	72	24	of	of	ADP
fbem-31960	72	25	financial	financial	ADJ
fbem-31960	72	26	statements	statement	NOUN
fbem-31960	72	27	,	,	PUNCT
fbem-31960	72	28	analyzed	analyze	VERB
fbem-31960	72	29	corporate	corporate	ADJ
fbem-31960	72	30	growth	growth	NOUN
fbem-31960	72	31	through	through	ADP
fbem-31960	72	32	four	four	NUM
fbem-31960	72	33	dimensions	dimension	NOUN
fbem-31960	72	34	:	:	PUNCT
fbem-31960	72	35	solvency	solvency	NOUN
fbem-31960	72	36	,	,	PUNCT
fbem-31960	72	37	operational	operational	ADJ
fbem-31960	72	38	capability	capability	NOUN
fbem-31960	72	39	,	,	PUNCT
fbem-31960	72	40	profitability	profitability	NOUN
fbem-31960	72	41	,	,	PUNCT
fbem-31960	72	42	and	and	CCONJ
fbem-31960	72	43	development	development	NOUN
fbem-31960	72	44	capability	capability	NOUN
fbem-31960	72	45	.	.	PUNCT
fbem-31960	73	1	xu	xu	INTJ
fbem-31960	73	2	bo	bo	PROPN
fbem-31960	74	1	(	(	PUNCT
fbem-31960	74	2	2022	2022	NUM
fbem-31960	74	3	)	)	PUNCT
fbem-31960	74	4	further	far	ADV
fbem-31960	74	5	selected	select	VERB
fbem-31960	74	6	12	12	NUM
fbem-31960	74	7	specific	specific	ADJ
fbem-31960	74	8	indicators	indicator	NOUN
fbem-31960	74	9	,	,	PUNCT
fbem-31960	74	10	such	such	ADJ
fbem-31960	74	11	as	as	ADP
fbem-31960	74	12	the	the	DET
fbem-31960	74	13	equity	equity	NOUN
fbem-31960	74	14	ratio	ratio	NOUN
fbem-31960	74	15	and	and	CCONJ
fbem-31960	74	16	accounts	account	VERB
fbem-31960	74	17	receivable	receivable	ADJ
fbem-31960	74	18	turnover	turnover	NOUN
fbem-31960	74	19	days	day	NOUN
fbem-31960	74	20	,	,	PUNCT
fbem-31960	74	21	to	to	PART
fbem-31960	74	22	assess	assess	VERB
fbem-31960	74	23	the	the	DET
fbem-31960	74	24	growth	growth	NOUN
fbem-31960	74	25	of	of	ADP
fbem-31960	74	26	listed	list	VERB
fbem-31960	74	27	companies	company	NOUN
fbem-31960	74	28	in	in	ADP
fbem-31960	74	29	the	the	DET
fbem-31960	74	30	logistics	logistic	NOUN
fbem-31960	74	31	industry	industry	NOUN
fbem-31960	74	32	.	.	PUNCT
fbem-31960	75	1	41	41	NUM
fbem-31960	75	2	these	these	DET
fbem-31960	75	3	companies	company	NOUN
fbem-31960	75	4	were	be	AUX
fbem-31960	75	5	then	then	ADV
fbem-31960	75	6	ranked	rank	VERB
fbem-31960	75	7	based	base	VERB
fbem-31960	75	8	on	on	ADP
fbem-31960	75	9	their	their	PRON
fbem-31960	75	10	total	total	ADJ
fbem-31960	75	11	scores	score	NOUN
fbem-31960	75	12	across	across	ADP
fbem-31960	75	13	these	these	DET
fbem-31960	75	14	indicators	indicator	NOUN
fbem-31960	75	15	.	.	PUNCT
fbem-31960	76	1	he	he	PRON
fbem-31960	76	2	fengping	fengpe	VERB
fbem-31960	76	3	(	(	PUNCT
fbem-31960	76	4	2008	2008	NUM
fbem-31960	76	5	)	)	PUNCT
fbem-31960	76	6	,	,	PUNCT
fbem-31960	76	7	applying	apply	VERB
fbem-31960	76	8	the	the	DET
fbem-31960	76	9	principle	principle	NOUN
fbem-31960	76	10	of	of	ADP
fbem-31960	76	11	difference	difference	NOUN
fbem-31960	76	12	,	,	PUNCT
fbem-31960	76	13	used	use	VERB
fbem-31960	76	14	time	time	NOUN
fbem-31960	76	15	-	-	PUNCT
fbem-31960	76	16	series	series	NOUN
fbem-31960	76	17	data	datum	NOUN
fbem-31960	76	18	of	of	ADP
fbem-31960	76	19	agricultural	agricultural	ADJ
fbem-31960	76	20	listed	list	VERB
fbem-31960	76	21	companies	company	NOUN
fbem-31960	76	22	as	as	ADP
fbem-31960	76	23	initial	initial	ADJ
fbem-31960	76	24	input	input	NOUN
fbem-31960	76	25	to	to	PART
fbem-31960	76	26	establish	establish	VERB
fbem-31960	76	27	a	a	DET
fbem-31960	76	28	comprehensive	comprehensive	ADJ
fbem-31960	76	29	evaluation	evaluation	NOUN
fbem-31960	76	30	index	index	NOUN
fbem-31960	76	31	system	system	NOUN
fbem-31960	76	32	.	.	PUNCT
fbem-31960	77	1	the	the	DET
fbem-31960	77	2	study	study	NOUN
fbem-31960	77	3	identified	identify	VERB
fbem-31960	77	4	the	the	DET
fbem-31960	77	5	growth	growth	NOUN
fbem-31960	77	6	potential	potential	NOUN
fbem-31960	77	7	of	of	ADP
fbem-31960	77	8	operating	operate	VERB
fbem-31960	77	9	revenue	revenue	NOUN
fbem-31960	77	10	as	as	ADP
fbem-31960	77	11	the	the	DET
fbem-31960	77	12	primary	primary	ADJ
fbem-31960	77	13	driver	driver	NOUN
fbem-31960	77	14	of	of	ADP
fbem-31960	77	15	corporate	corporate	ADJ
fbem-31960	77	16	growth	growth	NOUN
fbem-31960	77	17	.	.	PUNCT
fbem-31960	78	1	5	5	X
fbem-31960	78	2	.	.	X
fbem-31960	78	3	growth	growth	NOUN
fbem-31960	78	4	analysis	analysis	NOUN
fbem-31960	78	5	5.1	5.1	NUM
fbem-31960	78	6	.	.	PUNCT
fbem-31960	79	1	solvency	solvency	NOUN
fbem-31960	79	2	analysis	analysis	NOUN
fbem-31960	79	3	table	table	NOUN
fbem-31960	79	4	1	1	NUM
fbem-31960	79	5	.	.	PUNCT
fbem-31960	80	1	byd	byd	PROPN
fbem-31960	80	2	company	company	PROPN
fbem-31960	80	3	limited	limited	ADJ
fbem-31960	80	4	solvency	solvency	NOUN
fbem-31960	80	5	financial	financial	ADJ
fbem-31960	80	6	indicators	indicator	NOUN
fbem-31960	80	7	table	table	NOUN
fbem-31960	80	8	(	(	PUNCT
fbem-31960	80	9	2020	2020	NUM
fbem-31960	80	10	-	-	SYM
fbem-31960	80	11	2022	2022	NUM
fbem-31960	80	12	)	)	PUNCT
fbem-31960	80	13	indicators	indicator	NOUN
fbem-31960	80	14	2020	2020	NUM
fbem-31960	80	15	2021	2021	NUM
fbem-31960	80	16	2022	2022	NUM
fbem-31960	80	17	current	current	ADJ
fbem-31960	80	18	ratio	ratio	NOUN
fbem-31960	80	19	1.049	1.049	NUM
fbem-31960	80	20	0.970	0.970	NUM
fbem-31960	80	21	0.722	0.722	NUM
fbem-31960	80	22	quick	quick	ADJ
fbem-31960	80	23	ratio	ratio	NOUN
fbem-31960	80	24	0.754	0.754	NUM
fbem-31960	80	25	0.717	0.717	NUM
fbem-31960	80	26	0.485	0.485	NUM
fbem-31960	80	27	debt	debt	NOUN
fbem-31960	80	28	to	to	ADP
fbem-31960	80	29	asset	asset	NOUN
fbem-31960	80	30	ratio	ratio	NOUN
fbem-31960	80	31	67.94	67.94	NUM
fbem-31960	80	32	%	%	NOUN
fbem-31960	80	33	64.76	64.76	NUM
fbem-31960	80	34	%	%	NOUN
fbem-31960	80	35	75.42	75.42	NUM
fbem-31960	80	36	%	%	NOUN
fbem-31960	80	37	from	from	ADP
fbem-31960	80	38	the	the	DET
fbem-31960	80	39	perspective	perspective	NOUN
fbem-31960	80	40	of	of	ADP
fbem-31960	80	41	short	short	ADJ
fbem-31960	80	42	-	-	PUNCT
fbem-31960	80	43	term	term	NOUN
fbem-31960	80	44	solvency	solvency	NOUN
fbem-31960	80	45	,	,	PUNCT
fbem-31960	80	46	byd	byd	PROPN
fbem-31960	80	47	's	's	PART
fbem-31960	80	48	current	current	ADJ
fbem-31960	80	49	ratio	ratio	NOUN
fbem-31960	80	50	continuously	continuously	ADV
fbem-31960	80	51	declined	decline	VERB
fbem-31960	80	52	from	from	ADP
fbem-31960	80	53	1.049	1.049	NUM
fbem-31960	80	54	to	to	ADP
fbem-31960	80	55	0.722	0.722	NUM
fbem-31960	80	56	,	,	PUNCT
fbem-31960	80	57	indicating	indicate	VERB
fbem-31960	80	58	a	a	DET
fbem-31960	80	59	consistent	consistent	ADJ
fbem-31960	80	60	downward	downward	ADJ
fbem-31960	80	61	trend	trend	NOUN
fbem-31960	80	62	between	between	ADP
fbem-31960	80	63	2020	2020	NUM
fbem-31960	80	64	and	and	CCONJ
fbem-31960	80	65	2022	2022	NUM
fbem-31960	80	66	.	.	PUNCT
fbem-31960	81	1	both	both	DET
fbem-31960	81	2	current	current	ADJ
fbem-31960	81	3	assets	asset	NOUN
fbem-31960	81	4	and	and	CCONJ
fbem-31960	81	5	current	current	ADJ
fbem-31960	81	6	liabilities	liability	NOUN
fbem-31960	81	7	showed	show	VERB
fbem-31960	81	8	an	an	DET
fbem-31960	81	9	upward	upward	ADJ
fbem-31960	81	10	trend	trend	NOUN
fbem-31960	81	11	.	.	PUNCT
fbem-31960	82	1	the	the	DET
fbem-31960	82	2	quick	quick	ADJ
fbem-31960	82	3	ratio	ratio	NOUN
fbem-31960	82	4	followed	follow	VERB
fbem-31960	82	5	a	a	DET
fbem-31960	82	6	similar	similar	ADJ
fbem-31960	82	7	pattern	pattern	NOUN
fbem-31960	82	8	to	to	ADP
fbem-31960	82	9	the	the	DET
fbem-31960	82	10	current	current	ADJ
fbem-31960	82	11	ratio	ratio	NOUN
fbem-31960	82	12	,	,	PUNCT
fbem-31960	82	13	with	with	ADP
fbem-31960	82	14	the	the	DET
fbem-31960	82	15	most	most	ADV
fbem-31960	82	16	noticeable	noticeable	ADJ
fbem-31960	82	17	decline	decline	NOUN
fbem-31960	82	18	occurring	occur	VERB
fbem-31960	82	19	in	in	ADP
fbem-31960	82	20	2022	2022	NUM
fbem-31960	82	21	,	,	PUNCT
fbem-31960	82	22	recording	record	VERB
fbem-31960	82	23	a	a	DET
fbem-31960	82	24	year	year	NOUN
fbem-31960	82	25	-	-	PUNCT
fbem-31960	82	26	on	on	ADP
fbem-31960	82	27	-	-	PUNCT
fbem-31960	82	28	year	year	NOUN
fbem-31960	82	29	decrease	decrease	NOUN
fbem-31960	82	30	of	of	ADP
fbem-31960	82	31	32.35	32.35	NUM
fbem-31960	82	32	%	%	NOUN
fbem-31960	82	33	.	.	PUNCT
fbem-31960	83	1	this	this	PRON
fbem-31960	83	2	can	can	AUX
fbem-31960	83	3	be	be	AUX
fbem-31960	83	4	attributed	attribute	VERB
fbem-31960	83	5	to	to	ADP
fbem-31960	83	6	byd	byd	PROPN
fbem-31960	83	7	's	's	PART
fbem-31960	83	8	strong	strong	ADJ
fbem-31960	83	9	focus	focus	NOUN
fbem-31960	83	10	on	on	ADP
fbem-31960	83	11	the	the	DET
fbem-31960	83	12	research	research	NOUN
fbem-31960	83	13	and	and	CCONJ
fbem-31960	83	14	production	production	NOUN
fbem-31960	83	15	of	of	ADP
fbem-31960	83	16	new	new	ADJ
fbem-31960	83	17	energy	energy	NOUN
fbem-31960	83	18	vehicles	vehicle	NOUN
fbem-31960	83	19	,	,	PUNCT
fbem-31960	83	20	which	which	PRON
fbem-31960	83	21	requires	require	VERB
fbem-31960	83	22	significant	significant	ADJ
fbem-31960	83	23	technological	technological	ADJ
fbem-31960	83	24	accumulation	accumulation	NOUN
fbem-31960	83	25	and	and	CCONJ
fbem-31960	83	26	substantial	substantial	ADJ
fbem-31960	83	27	investment	investment	NOUN
fbem-31960	83	28	in	in	ADP
fbem-31960	83	29	r&d	r&d	NOUN
fbem-31960	83	30	.	.	PUNCT
fbem-31960	84	1	overall	overall	ADV
fbem-31960	84	2	,	,	PUNCT
fbem-31960	84	3	byd	byd	PROPN
fbem-31960	84	4	's	's	PART
fbem-31960	84	5	short	short	ADJ
fbem-31960	84	6	-	-	PUNCT
fbem-31960	84	7	term	term	NOUN
fbem-31960	84	8	solvency	solvency	NOUN
fbem-31960	84	9	has	have	AUX
fbem-31960	84	10	shown	show	VERB
fbem-31960	84	11	a	a	DET
fbem-31960	84	12	slight	slight	ADJ
fbem-31960	84	13	weakening	weakening	NOUN
fbem-31960	84	14	trend	trend	NOUN
fbem-31960	84	15	.	.	PUNCT
fbem-31960	85	1	as	as	ADP
fbem-31960	85	2	a	a	DET
fbem-31960	85	3	leader	leader	NOUN
fbem-31960	85	4	in	in	ADP
fbem-31960	85	5	the	the	DET
fbem-31960	85	6	new	new	ADJ
fbem-31960	85	7	energy	energy	NOUN
fbem-31960	85	8	vehicle	vehicle	NOUN
fbem-31960	85	9	industry	industry	NOUN
fbem-31960	85	10	,	,	PUNCT
fbem-31960	85	11	byd	byd	PROPN
fbem-31960	85	12	has	have	AUX
fbem-31960	85	13	been	be	AUX
fbem-31960	85	14	continuously	continuously	ADV
fbem-31960	85	15	expanding	expand	VERB
fbem-31960	85	16	its	its	PRON
fbem-31960	85	17	production	production	NOUN
fbem-31960	85	18	scale	scale	NOUN
fbem-31960	85	19	,	,	PUNCT
fbem-31960	85	20	leading	lead	VERB
fbem-31960	85	21	to	to	ADP
fbem-31960	85	22	an	an	DET
fbem-31960	85	23	accumulation	accumulation	NOUN
fbem-31960	85	24	of	of	ADP
fbem-31960	85	25	inventory	inventory	NOUN
fbem-31960	85	26	.	.	PUNCT
fbem-31960	86	1	additionally	additionally	ADV
fbem-31960	86	2	,	,	PUNCT
fbem-31960	86	3	its	its	PRON
fbem-31960	86	4	monetary	monetary	ADJ
fbem-31960	86	5	funds	fund	NOUN
fbem-31960	86	6	and	and	CCONJ
fbem-31960	86	7	tradable	tradable	ADJ
fbem-31960	86	8	financial	financial	ADJ
fbem-31960	86	9	assets	asset	NOUN
fbem-31960	86	10	increased	increase	VERB
fbem-31960	86	11	sharply	sharply	ADV
fbem-31960	86	12	over	over	ADP
fbem-31960	86	13	the	the	DET
fbem-31960	86	14	three	three	NUM
fbem-31960	86	15	-	-	PUNCT
fbem-31960	86	16	year	year	NOUN
fbem-31960	86	17	period	period	NOUN
fbem-31960	86	18	,	,	PUNCT
fbem-31960	86	19	indicating	indicate	VERB
fbem-31960	86	20	that	that	SCONJ
fbem-31960	86	21	the	the	DET
fbem-31960	86	22	company	company	NOUN
fbem-31960	86	23	holds	hold	VERB
fbem-31960	86	24	too	too	ADV
fbem-31960	86	25	many	many	ADJ
fbem-31960	86	26	cash	cash	NOUN
fbem-31960	86	27	-like	-like	ADJ
fbem-31960	86	28	assets	asset	NOUN
fbem-31960	86	29	with	with	ADP
fbem-31960	86	30	low	low	ADJ
fbem-31960	86	31	profitability	profitability	NOUN
fbem-31960	86	32	.	.	PUNCT
fbem-31960	87	1	this	this	PRON
fbem-31960	87	2	suggests	suggest	VERB
fbem-31960	87	3	that	that	SCONJ
fbem-31960	87	4	although	although	SCONJ
fbem-31960	87	5	the	the	DET
fbem-31960	87	6	company	company	NOUN
fbem-31960	87	7	's	's	PART
fbem-31960	87	8	cash	cash	NOUN
fbem-31960	87	9	assets	asset	NOUN
fbem-31960	87	10	are	be	AUX
fbem-31960	87	11	highly	highly	ADV
fbem-31960	87	12	liquid	liquid	ADJ
fbem-31960	87	13	,	,	PUNCT
fbem-31960	87	14	current	current	ADJ
fbem-31960	87	15	liabilities	liability	NOUN
fbem-31960	87	16	have	have	VERB
fbem-31960	87	17	gro	gro	NOUN
fbem-31960	87	18	wn	wn	NOUN
fbem-31960	87	19	significantly	significantly	ADV
fbem-31960	87	20	faster	fast	ADV
fbem-31960	87	21	than	than	ADP
fbem-31960	87	22	current	current	ADJ
fbem-31960	87	23	assets	asset	NOUN
fbem-31960	87	24	.	.	PUNCT
fbem-31960	88	1	in	in	ADP
fbem-31960	88	2	2022	2022	NUM
fbem-31960	88	3	alone	alone	ADV
fbem-31960	88	4	,	,	PUNCT
fbem-31960	88	5	current	current	ADJ
fbem-31960	88	6	assets	asset	NOUN
fbem-31960	88	7	increased	increase	VERB
fbem-31960	88	8	by	by	ADP
fbem-31960	88	9	44.97	44.97	NUM
fbem-31960	88	10	%	%	NOUN
fbem-31960	88	11	year	year	NOUN
fbem-31960	88	12	-	-	PUNCT
fbem-31960	88	13	on	on	ADP
fbem-31960	88	14	-	-	PUNCT
fbem-31960	88	15	year	year	NOUN
fbem-31960	88	16	,	,	PUNCT
fbem-31960	88	17	while	while	SCONJ
fbem-31960	88	18	current	current	ADJ
fbem-31960	88	19	liabilities	liability	NOUN
fbem-31960	88	20	surged	surge	VERB
fbem-31960	88	21	by	by	ADP
fbem-31960	88	22	94.59	94.59	NUM
fbem-31960	88	23	%	%	NOUN
fbem-31960	88	24	.	.	PUNCT
fbem-31960	89	1	as	as	ADP
fbem-31960	89	2	a	a	DET
fbem-31960	89	3	result	result	NOUN
fbem-31960	89	4	,	,	PUNCT
fbem-31960	89	5	byd	byd	PROPN
fbem-31960	89	6	's	's	PART
fbem-31960	89	7	ability	ability	NOUN
fbem-31960	89	8	to	to	PART
fbem-31960	89	9	repay	repay	VERB
fbem-31960	89	10	short	short	ADJ
fbem-31960	89	11	-	-	PUNCT
fbem-31960	89	12	term	term	NOUN
fbem-31960	89	13	debts	debt	NOUN
fbem-31960	89	14	has	have	AUX
fbem-31960	89	15	weakened	weaken	VERB
fbem-31960	89	16	,	,	PUNCT
fbem-31960	89	17	posing	pose	VERB
fbem-31960	89	18	relatively	relatively	ADV
fbem-31960	89	19	high	high	ADJ
fbem-31960	89	20	short	short	ADJ
fbem-31960	89	21	-	-	PUNCT
fbem-31960	89	22	term	term	NOUN
fbem-31960	89	23	solvency	solvency	NOUN
fbem-31960	89	24	risks	risk	NOUN
fbem-31960	89	25	.	.	PUNCT
fbem-31960	90	1	however	however	ADV
fbem-31960	90	2	,	,	PUNCT
fbem-31960	90	3	in	in	ADP
fbem-31960	90	4	2022	2022	NUM
fbem-31960	90	5	,	,	PUNCT
fbem-31960	90	6	the	the	DET
fbem-31960	90	7	sales	sale	NOUN
fbem-31960	90	8	of	of	ADP
fbem-31960	90	9	new	new	ADJ
fbem-31960	90	10	energy	energy	NOUN
fbem-31960	90	11	vehicles	vehicle	NOUN
fbem-31960	90	12	doubled	double	VERB
fbem-31960	90	13	,	,	PUNCT
fbem-31960	90	14	and	and	CCONJ
fbem-31960	90	15	byd	byd	PROPN
fbem-31960	90	16	surpassed	surpass	VERB
fbem-31960	90	17	tesla	tesla	PROPN
fbem-31960	90	18	to	to	PART
fbem-31960	90	19	become	become	VERB
fbem-31960	90	20	the	the	DET
fbem-31960	90	21	global	global	ADJ
fbem-31960	90	22	leader	leader	NOUN
fbem-31960	90	23	in	in	ADP
fbem-31960	90	24	new	new	ADJ
fbem-31960	90	25	energy	energy	NOUN
fbem-31960	90	26	vehicle	vehicle	NOUN
fbem-31960	90	27	sales	sale	NOUN
fbem-31960	90	28	.	.	PUNCT
fbem-31960	91	1	this	this	PRON
fbem-31960	91	2	has	have	AUX
fbem-31960	91	3	allowed	allow	VERB
fbem-31960	91	4	the	the	DET
fbem-31960	91	5	company	company	NOUN
fbem-31960	91	6	to	to	PART
fbem-31960	91	7	recover	recover	VERB
fbem-31960	91	8	its	its	PRON
fbem-31960	91	9	cash	cash	NOUN
fbem-31960	91	10	flow	flow	NOUN
fbem-31960	91	11	,	,	PUNCT
fbem-31960	91	12	indicating	indicate	VERB
fbem-31960	91	13	that	that	SCONJ
fbem-31960	91	14	its	its	PRON
fbem-31960	91	15	short	short	ADJ
fbem-31960	91	16	term	term	NOUN
fbem-31960	91	17	solvency	solvency	NOUN
fbem-31960	91	18	is	be	AUX
fbem-31960	91	19	expected	expect	VERB
fbem-31960	91	20	to	to	ADP
fbem-31960	91	21	impro	impro	PROPN
fbem-31960	91	22	ve	ve	VERB
fbem-31960	91	23	effectively	effectively	ADV
fbem-31960	91	24	in	in	ADP
fbem-31960	91	25	the	the	DET
fbem-31960	91	26	future	future	NOUN
fbem-31960	91	27	.	.	PUNCT
fbem-31960	92	1	in	in	ADP
fbem-31960	92	2	addition	addition	NOUN
fbem-31960	92	3	to	to	ADP
fbem-31960	92	4	short	short	ADJ
fbem-31960	92	5	-	-	PUNCT
fbem-31960	92	6	term	term	NOUN
fbem-31960	92	7	solvency	solvency	NOUN
fbem-31960	92	8	,	,	PUNCT
fbem-31960	92	9	long	long	ADJ
fbem-31960	92	10	-	-	PUNCT
fbem-31960	92	11	term	term	NOUN
fbem-31960	92	12	creditors	creditor	NOUN
fbem-31960	92	13	and	and	CCONJ
fbem-31960	92	14	owners	owner	NOUN
fbem-31960	92	15	are	be	AUX
fbem-31960	92	16	also	also	ADV
fbem-31960	92	17	concerned	concerned	ADJ
fbem-31960	92	18	about	about	ADP
fbem-31960	92	19	a	a	DET
fbem-31960	92	20	company	company	NOUN
fbem-31960	92	21	's	's	PART
fbem-31960	92	22	long	long	ADJ
fbem-31960	92	23	-term	-term	NOUN
fbem-31960	92	24	debt	debt	NOUN
fbem-31960	92	25	repayment	repayment	NOUN
fbem-31960	92	26	capacity	capacity	NOUN
fbem-31960	92	27	.	.	PUNCT
fbem-31960	93	1	generally	generally	ADV
fbem-31960	93	2	,	,	PUNCT
fbem-31960	93	3	a	a	DET
fbem-31960	93	4	corporate	corporate	ADJ
fbem-31960	93	5	asset	asset	NOUN
fbem-31960	93	6	-liability	-liability	PROPN
fbem-31960	93	7	ratio	ratio	NOUN
fbem-31960	93	8	between	between	ADP
fbem-31960	93	9	40	40	NUM
fbem-31960	93	10	%	%	NOUN
fbem-31960	93	11	and	and	CCONJ
fbem-31960	93	12	60	60	NUM
fbem-31960	93	13	%	%	NOUN
fbem-31960	93	14	is	be	AUX
fbem-31960	93	15	considered	consider	VERB
fbem-31960	93	16	appropriate	appropriate	ADJ
fbem-31960	93	17	.	.	PUNCT
fbem-31960	94	1	however	however	ADV
fbem-31960	94	2	,	,	PUNCT
fbem-31960	94	3	byd	byd	PROPN
fbem-31960	94	4	’s	’s	PART
fbem-31960	94	5	asset	asset	NOUN
fbem-31960	94	6	-	-	PUNCT
fbem-31960	94	7	liability	liability	NOUN
fbem-31960	94	8	ratio	ratio	NOUN
fbem-31960	94	9	remained	remain	VERB
fbem-31960	94	10	above	above	ADP
fbem-31960	94	11	60	60	NUM
fbem-31960	94	12	%	%	NOUN
fbem-31960	94	13	from	from	ADP
fbem-31960	94	14	2020	2020	NUM
fbem-31960	94	15	to	to	ADP
fbem-31960	94	16	2022	2022	NUM
fbem-31960	94	17	,	,	PUNCT
fbem-31960	94	18	slightly	slightly	ADV
fbem-31960	94	19	decreasing	decrease	VERB
fbem-31960	94	20	at	at	ADP
fbem-31960	94	21	first	first	ADV
fbem-31960	94	22	before	before	ADP
fbem-31960	94	23	rising	rise	VERB
fbem-31960	94	24	sharply	sharply	ADV
fbem-31960	94	25	to	to	ADP
fbem-31960	94	26	75.42	75.42	NUM
fbem-31960	94	27	%	%	NOUN
fbem-31960	94	28	.	.	PUNCT
fbem-31960	95	1	a	a	DET
fbem-31960	95	2	higher	high	ADJ
fbem-31960	95	3	ratio	ratio	NOUN
fbem-31960	95	4	indicates	indicate	VERB
fbem-31960	95	5	weaker	weak	ADJ
fbem-31960	95	6	solvency	solvency	NOUN
fbem-31960	95	7	and	and	CCONJ
fbem-31960	95	8	greater	great	ADJ
fbem-31960	95	9	financial	financial	ADJ
fbem-31960	95	10	risk	risk	NOUN
fbem-31960	95	11	.	.	PUNCT
fbem-31960	96	1	this	this	DET
fbem-31960	96	2	situation	situation	NOUN
fbem-31960	96	3	largely	largely	ADV
fbem-31960	96	4	stems	stem	VERB
fbem-31960	96	5	from	from	ADP
fbem-31960	96	6	byd	byd	PROPN
fbem-31960	96	7	’s	’s	PART
fbem-31960	96	8	rapid	rapid	ADJ
fbem-31960	96	9	expansion	expansion	NOUN
fbem-31960	96	10	strategy	strategy	NOUN
fbem-31960	96	11	.	.	PUNCT
fbem-31960	97	1	to	to	PART
fbem-31960	97	2	maintain	maintain	VERB
fbem-31960	97	3	its	its	PRON
fbem-31960	97	4	technological	technological	ADJ
fbem-31960	97	5	leadership	leadership	NOUN
fbem-31960	97	6	and	and	CCONJ
fbem-31960	97	7	secure	secure	VERB
fbem-31960	97	8	a	a	DET
fbem-31960	97	9	strong	strong	ADJ
fbem-31960	97	10	position	position	NOUN
fbem-31960	97	11	in	in	ADP
fbem-31960	97	12	the	the	DET
fbem-31960	97	13	future	future	ADJ
fbem-31960	97	14	market	market	NOUN
fbem-31960	97	15	,	,	PUNCT
fbem-31960	97	16	byd	byd	PROPN
fbem-31960	97	17	has	have	AUX
fbem-31960	97	18	significantly	significantly	ADV
fbem-31960	97	19	increased	increase	VERB
fbem-31960	97	20	investment	investment	NOUN
fbem-31960	97	21	in	in	ADP
fbem-31960	97	22	new	new	ADJ
fbem-31960	97	23	energy	energy	NOUN
fbem-31960	97	24	vehicle	vehicle	NOUN
fbem-31960	97	25	and	and	CCONJ
fbem-31960	97	26	lithium	lithium	NOUN
fbem-31960	97	27	battery	battery	NOUN
fbem-31960	97	28	production	production	NOUN
fbem-31960	97	29	bases	basis	NOUN
fbem-31960	97	30	,	,	PUNCT
fbem-31960	97	31	as	as	ADV
fbem-31960	97	32	well	well	ADV
fbem-31960	97	33	as	as	ADP
fbem-31960	97	34	in	in	ADP
fbem-31960	97	35	technological	technological	ADJ
fbem-31960	97	36	research	research	NOUN
fbem-31960	97	37	and	and	CCONJ
fbem-31960	97	38	development	development	NOUN
fbem-31960	97	39	,	,	PUNCT
fbem-31960	97	40	since	since	SCONJ
fbem-31960	97	41	2018	2018	NUM
fbem-31960	97	42	.	.	PUNCT
fbem-31960	98	1	as	as	ADP
fbem-31960	98	2	a	a	DET
fbem-31960	98	3	result	result	NOUN
fbem-31960	98	4	,	,	PUNCT
fbem-31960	98	5	a	a	DET
fbem-31960	98	6	large	large	ADJ
fbem-31960	98	7	amount	amount	NOUN
fbem-31960	98	8	of	of	ADP
fbem-31960	98	9	borrowed	borrow	VERB
fbem-31960	98	10	capital	capital	NOUN
fbem-31960	98	11	has	have	AUX
fbem-31960	98	12	been	be	AUX
fbem-31960	98	13	allocated	allocate	VERB
fbem-31960	98	14	to	to	ADP
fbem-31960	98	15	these	these	DET
fbem-31960	98	16	areas	area	NOUN
fbem-31960	98	17	,	,	PUNCT
fbem-31960	98	18	making	make	VERB
fbem-31960	98	19	debt	debt	NOUN
fbem-31960	98	20	the	the	DET
fbem-31960	98	21	dominant	dominant	ADJ
fbem-31960	98	22	part	part	NOUN
fbem-31960	98	23	of	of	ADP
fbem-31960	98	24	the	the	DET
fbem-31960	98	25	company	company	NOUN
fbem-31960	98	26	’s	’s	PART
fbem-31960	98	27	capital	capital	NOUN
fbem-31960	98	28	structure	structure	NOUN
fbem-31960	98	29	.	.	PUNCT
fbem-31960	99	1	5.2	5.2	NUM
fbem-31960	99	2	.	.	PUNCT
fbem-31960	100	1	profitability	profitability	NOUN
fbem-31960	100	2	analysis	analysis	NOUN
fbem-31960	100	3	table	table	NOUN
fbem-31960	100	4	2	2	NUM
fbem-31960	100	5	.	.	PUNCT
fbem-31960	100	6	byd	byd	PROPN
fbem-31960	100	7	company	company	PROPN
fbem-31960	100	8	limited	limit	VERB
fbem-31960	100	9	profitability	profitability	NOUN
fbem-31960	100	10	financial	financial	ADJ
fbem-31960	100	11	indicators	indicator	NOUN
fbem-31960	100	12	table	table	NOUN
fbem-31960	100	13	(	(	PUNCT
fbem-31960	100	14	2020	2020	NUM
fbem-31960	100	15	-	-	SYM
fbem-31960	100	16	2022	2022	NUM
fbem-31960	100	17	)	)	PUNCT
fbem-31960	100	18	indicators	indicator	NOUN
fbem-31960	100	19	2020	2020	NUM
fbem-31960	100	20	2021	2021	NUM
fbem-31960	100	21	2022	2022	NUM
fbem-31960	100	22	gross	gross	ADJ
fbem-31960	100	23	profit	profit	NOUN
fbem-31960	100	24	margin	margin	NOUN
fbem-31960	100	25	19.38	19.38	NUM
fbem-31960	100	26	13.02	13.02	NUM
fbem-31960	100	27	17.04	17.04	NUM
fbem-31960	100	28	net	net	ADJ
fbem-31960	100	29	profit	profit	NOUN
fbem-31960	100	30	margin	margin	NOUN
fbem-31960	100	31	on	on	ADP
fbem-31960	100	32	sales	sale	NOUN
fbem-31960	100	33	3.84	3.84	NUM
fbem-31960	100	34	1.84	1.84	NUM
fbem-31960	100	35	4.18	4.18	NUM
fbem-31960	100	36	roe	roe	NOUN
fbem-31960	100	37	7.43	7.43	NUM
fbem-31960	100	38	3.73	3.73	NUM
fbem-31960	100	39	16.14	16.14	NUM
fbem-31960	100	40	roa	roa	NOUN
fbem-31960	100	41	3.03	3.03	NUM
fbem-31960	100	42	1.60	1.60	NUM
fbem-31960	100	43	4.49	4.49	NUM
fbem-31960	100	44	byd	byd	PROPN
fbem-31960	100	45	's	's	PART
fbem-31960	100	46	financial	financial	ADJ
fbem-31960	100	47	data	datum	NOUN
fbem-31960	100	48	and	and	CCONJ
fbem-31960	100	49	indicators	indicator	NOUN
fbem-31960	100	50	related	relate	VERB
fbem-31960	100	51	to	to	ADP
fbem-31960	100	52	profitability	profitability	NOUN
fbem-31960	100	53	from	from	ADP
fbem-31960	100	54	2020	2020	NUM
fbem-31960	100	55	to	to	ADP
fbem-31960	100	56	2022	2022	NUM
fbem-31960	100	57	are	be	AUX
fbem-31960	100	58	shown	show	VERB
fbem-31960	100	59	in	in	ADP
fbem-31960	100	60	table	table	NOUN
fbem-31960	100	61	2	2	NUM
fbem-31960	100	62	.	.	PUNCT
fbem-31960	100	63	looking	look	VERB
fbem-31960	100	64	at	at	ADP
fbem-31960	100	65	the	the	DET
fbem-31960	100	66	threeyear	threeyear	ADJ
fbem-31960	100	67	financial	financial	ADJ
fbem-31960	100	68	data	datum	NOUN
fbem-31960	100	69	,	,	PUNCT
fbem-31960	100	70	indicators	indicator	NOUN
fbem-31960	100	71	such	such	ADJ
fbem-31960	100	72	as	as	ADP
fbem-31960	100	73	gross	gross	ADJ
fbem-31960	100	74	profit	profit	NOUN
fbem-31960	100	75	margin	margin	NOUN
fbem-31960	100	76	,	,	PUNCT
fbem-31960	100	77	net	net	ADJ
fbem-31960	100	78	profit	profit	NOUN
fbem-31960	100	79	margin	margin	NOUN
fbem-31960	100	80	,	,	PUNCT
fbem-31960	100	81	return	return	VERB
fbem-31960	100	82	on	on	ADP
fbem-31960	100	83	equity	equity	NOUN
fbem-31960	100	84	(	(	PUNCT
fbem-31960	100	85	roe	roe	PROPN
fbem-31960	100	86	)	)	PUNCT
fbem-31960	100	87	,	,	PUNCT
fbem-31960	100	88	and	and	CCONJ
fbem-31960	100	89	net	net	ADJ
fbem-31960	100	90	profit	profit	NOUN
fbem-31960	100	91	margin	margin	NOUN
fbem-31960	100	92	on	on	ADP
fbem-31960	100	93	total	total	ADJ
fbem-31960	100	94	assets	asset	NOUN
fbem-31960	100	95	all	all	PRON
fbem-31960	100	96	showed	show	VERB
fbem-31960	100	97	a	a	DET
fbem-31960	100	98	trend	trend	NOUN
fbem-31960	100	99	of	of	ADP
fbem-31960	100	100	first	first	ADV
fbem-31960	100	101	decreasing	decrease	VERB
fbem-31960	100	102	and	and	CCONJ
fbem-31960	100	103	then	then	ADV
fbem-31960	100	104	increasing	increase	VERB
fbem-31960	100	105	.	.	PUNCT
fbem-31960	101	1	in	in	ADP
fbem-31960	101	2	2021	2021	NUM
fbem-31960	101	3	,	,	PUNCT
fbem-31960	101	4	byd	byd	PROPN
fbem-31960	101	5	's	's	PART
fbem-31960	101	6	profitability	profitability	NOUN
fbem-31960	101	7	declined	decline	VERB
fbem-31960	101	8	significantly	significantly	ADV
fbem-31960	101	9	.	.	PUNCT
fbem-31960	102	1	this	this	PRON
fbem-31960	102	2	was	be	AUX
fbem-31960	102	3	mainly	mainly	ADV
fbem-31960	102	4	due	due	ADP
fbem-31960	102	5	to	to	ADP
fbem-31960	102	6	the	the	DET
fbem-31960	102	7	severe	severe	ADJ
fbem-31960	102	8	global	global	ADJ
fbem-31960	102	9	pandemic	pandemic	ADJ
fbem-31960	102	10	,	,	PUNCT
fbem-31960	102	11	economic	economic	ADJ
fbem-31960	102	12	downturn	downturn	NOUN
fbem-31960	102	13	,	,	PUNCT
fbem-31960	102	14	soaring	soar	VERB
fbem-31960	102	15	prices	price	NOUN
fbem-31960	102	16	of	of	ADP
fbem-31960	102	17	raw	raw	ADJ
fbem-31960	102	18	materials	material	NOUN
fbem-31960	102	19	,	,	PUNCT
fbem-31960	102	20	and	and	CCONJ
fbem-31960	102	21	increasing	increase	VERB
fbem-31960	102	22	cost	cost	NOUN
fbem-31960	102	23	pressures	pressure	NOUN
fbem-31960	102	24	,	,	PUNCT
fbem-31960	102	25	which	which	PRON
fbem-31960	102	26	affected	affect	VERB
fbem-31960	102	27	byd	byd	PROPN
fbem-31960	102	28	's	's	PART
fbem-31960	102	29	development	development	NOUN
fbem-31960	102	30	and	and	CCONJ
fbem-31960	102	31	reduced	reduce	VERB
fbem-31960	102	32	its	its	PRON
fbem-31960	102	33	profitability	profitability	NOUN
fbem-31960	102	34	.	.	PUNCT
fbem-31960	103	1	as	as	ADP
fbem-31960	103	2	a	a	DET
fbem-31960	103	3	result	result	NOUN
fbem-31960	103	4	,	,	PUNCT
fbem-31960	103	5	the	the	DET
fbem-31960	103	6	company	company	NOUN
fbem-31960	103	7	reported	report	VERB
fbem-31960	103	8	low	low	ADJ
fbem-31960	103	9	profits	profit	NOUN
fbem-31960	103	10	despite	despite	SCONJ
fbem-31960	103	11	high	high	ADJ
fbem-31960	103	12	revenue	revenue	NOUN
fbem-31960	103	13	.	.	PUNCT
fbem-31960	104	1	at	at	ADP
fbem-31960	104	2	this	this	DET
fbem-31960	104	3	stage	stage	NOUN
fbem-31960	104	4	,	,	PUNCT
fbem-31960	104	5	byd	byd	PROPN
fbem-31960	104	6	had	have	AUX
fbem-31960	104	7	not	not	PART
fbem-31960	104	8	yet	yet	ADV
fbem-31960	104	9	achieved	achieve	VERB
fbem-31960	104	10	a	a	DET
fbem-31960	104	11	balance	balance	NOUN
fbem-31960	104	12	between	between	ADP
fbem-31960	104	13	market	market	NOUN
fbem-31960	104	14	share	share	NOUN
fbem-31960	104	15	and	and	CCONJ
fbem-31960	104	16	profitability	profitability	NOUN
fbem-31960	104	17	.	.	PUNCT
fbem-31960	105	1	instead	instead	ADV
fbem-31960	105	2	,	,	PUNCT
fbem-31960	105	3	it	it	PRON
fbem-31960	105	4	chose	choose	VERB
fbem-31960	105	5	to	to	PART
fbem-31960	105	6	focus	focus	VERB
fbem-31960	105	7	on	on	ADP
fbem-31960	105	8	capturing	capture	VERB
fbem-31960	105	9	market	market	NOUN
fbem-31960	105	10	share	share	NOUN
fbem-31960	105	11	and	and	CCONJ
fbem-31960	105	12	pursuing	pursue	VERB
fbem-31960	105	13	rapid	rapid	ADJ
fbem-31960	105	14	growth	growth	NOUN
fbem-31960	105	15	.	.	PUNCT
fbem-31960	106	1	while	while	SCONJ
fbem-31960	106	2	expanding	expand	VERB
fbem-31960	106	3	its	its	PRON
fbem-31960	106	4	production	production	NOUN
fbem-31960	106	5	scale	scale	NOUN
fbem-31960	106	6	,	,	PUNCT
fbem-31960	106	7	byd	byd	PROPN
fbem-31960	106	8	continued	continue	VERB
fbem-31960	106	9	to	to	PART
fbem-31960	106	10	launch	launch	VERB
fbem-31960	106	11	vehicles	vehicle	NOUN
fbem-31960	106	12	with	with	ADP
fbem-31960	106	13	higher	high	ADJ
fbem-31960	106	14	price	price	NOUN
fbem-31960	106	15	points	point	NOUN
fbem-31960	106	16	to	to	PART
fbem-31960	106	17	cope	cope	VERB
fbem-31960	106	18	with	with	ADP
fbem-31960	106	19	rising	rise	VERB
fbem-31960	106	20	raw	raw	ADJ
fbem-31960	106	21	material	material	NOUN
fbem-31960	106	22	costs	cost	NOUN
fbem-31960	106	23	and	and	CCONJ
fbem-31960	106	24	increasing	increase	VERB
fbem-31960	106	25	expenses	expense	NOUN
fbem-31960	106	26	(	(	PUNCT
fbem-31960	106	27	such	such	ADJ
fbem-31960	106	28	as	as	ADP
fbem-31960	106	29	employee	employee	NOUN
fbem-31960	106	30	compensation	compensation	NOUN
fbem-31960	106	31	and	and	CCONJ
fbem-31960	106	32	after	after	ADP
fbem-31960	106	33	-	-	PUNCT
fbem-31960	106	34	sales	sale	NOUN
fbem-31960	106	35	service	service	NOUN
fbem-31960	106	36	fees	fee	NOUN
fbem-31960	106	37	)	)	PUNCT
fbem-31960	106	38	.	.	PUNCT
fbem-31960	107	1	at	at	ADP
fbem-31960	107	2	the	the	DET
fbem-31960	107	3	same	same	ADJ
fbem-31960	107	4	time	time	NOUN
fbem-31960	107	5	,	,	PUNCT
fbem-31960	107	6	byd	byd	PROPN
fbem-31960	107	7	independently	independently	ADV
fbem-31960	107	8	developed	develop	VERB
fbem-31960	107	9	and	and	CCONJ
fbem-31960	107	10	mastered	master	VERB
fbem-31960	107	11	its	its	PRON
fbem-31960	107	12	core	core	NOUN
fbem-31960	107	13	technologies	technology	NOUN
fbem-31960	107	14	,	,	PUNCT
fbem-31960	107	15	enhancing	enhance	VERB
fbem-31960	107	16	its	its	PRON
fbem-31960	107	17	product	product	NOUN
fbem-31960	107	18	competitiveness	competitiveness	NOUN
fbem-31960	107	19	.	.	PUNCT
fbem-31960	108	1	all	all	DET
fbem-31960	108	2	these	these	DET
fbem-31960	108	3	efforts	effort	NOUN
fbem-31960	108	4	demonstrated	demonstrate	VERB
fbem-31960	108	5	byd	byd	PROPN
fbem-31960	108	6	's	's	PART
fbem-31960	108	7	ambition	ambition	NOUN
fbem-31960	108	8	to	to	PART
fbem-31960	108	9	secure	secure	VERB
fbem-31960	108	10	a	a	DET
fbem-31960	108	11	strong	strong	ADJ
fbem-31960	108	12	position	position	NOUN
fbem-31960	108	13	in	in	ADP
fbem-31960	108	14	china	china	PROPN
fbem-31960	108	15	's	's	PART
fbem-31960	108	16	new	new	ADJ
fbem-31960	108	17	energy	energy	NOUN
fbem-31960	108	18	vehicle	vehicle	NOUN
fbem-31960	108	19	industry	industry	NOUN
fbem-31960	108	20	and	and	CCONJ
fbem-31960	108	21	laid	lay	VERB
fbem-31960	108	22	the	the	DET
fbem-31960	108	23	foundation	foundation	NOUN
fbem-31960	108	24	for	for	ADP
fbem-31960	108	25	improved	improved	ADJ
fbem-31960	108	26	profitability	profitability	NOUN
fbem-31960	108	27	in	in	ADP
fbem-31960	108	28	the	the	DET
fbem-31960	108	29	following	following	ADJ
fbem-31960	108	30	year	year	NOUN
fbem-31960	108	31	.	.	PUNCT
fbem-31960	109	1	the	the	DET
fbem-31960	109	2	year	year	NOUN
fbem-31960	109	3	2022	2022	NUM
fbem-31960	109	4	marked	mark	VERB
fbem-31960	109	5	a	a	DET
fbem-31960	109	6	major	major	ADJ
fbem-31960	109	7	breakthrough	breakthrough	NOUN
fbem-31960	109	8	for	for	ADP
fbem-31960	109	9	byd	byd	PROPN
fbem-31960	109	10	,	,	PUNCT
fbem-31960	109	11	with	with	ADP
fbem-31960	109	12	its	its	PRON
fbem-31960	109	13	annual	annual	ADJ
fbem-31960	109	14	net	net	ADJ
fbem-31960	109	15	profit	profit	NOUN
fbem-31960	109	16	exceeding	exceed	VERB
fbem-31960	109	17	the	the	DET
fbem-31960	109	18	total	total	NOUN
fbem-31960	109	19	of	of	ADP
fbem-31960	109	20	the	the	DET
fbem-31960	109	21	previous	previous	ADJ
fbem-31960	109	22	five	five	NUM
fbem-31960	109	23	years	year	NOUN
fbem-31960	109	24	.	.	PUNCT
fbem-31960	110	1	key	key	ADJ
fbem-31960	110	2	indicators	indicator	NOUN
fbem-31960	110	3	such	such	ADJ
fbem-31960	110	4	as	as	ADP
fbem-31960	110	5	gross	gross	ADJ
fbem-31960	110	6	profit	profit	NOUN
fbem-31960	110	7	margin	margin	NOUN
fbem-31960	110	8	,	,	PUNCT
fbem-31960	110	9	return	return	NOUN
fbem-31960	110	10	on	on	ADP
fbem-31960	110	11	equity	equity	NOUN
fbem-31960	110	12	,	,	PUNCT
fbem-31960	110	13	net	net	ADJ
fbem-31960	110	14	profit	profit	NOUN
fbem-31960	110	15	margin	margin	NOUN
fbem-31960	110	16	,	,	PUNCT
fbem-31960	110	17	and	and	CCONJ
fbem-31960	110	18	net	net	ADJ
fbem-31960	110	19	profit	profit	NOUN
fbem-31960	110	20	margin	margin	NOUN
fbem-31960	110	21	on	on	ADP
fbem-31960	110	22	total	total	ADJ
fbem-31960	110	23	assets	asset	NOUN
fbem-31960	110	24	all	all	PRON
fbem-31960	110	25	rebounded	rebound	VERB
fbem-31960	110	26	.	.	PUNCT
fbem-31960	111	1	in	in	ADP
fbem-31960	111	2	2021	2021	NUM
fbem-31960	111	3	,	,	PUNCT
fbem-31960	111	4	many	many	ADJ
fbem-31960	111	5	automakers	automaker	NOUN
fbem-31960	111	6	were	be	AUX
fbem-31960	111	7	impacted	impact	VERB
fbem-31960	111	8	by	by	ADP
fbem-31960	111	9	chip	chip	NOUN
fbem-31960	111	10	and	and	CCONJ
fbem-31960	111	11	battery	battery	NOUN
fbem-31960	111	12	shortages	shortage	NOUN
fbem-31960	111	13	,	,	PUNCT
fbem-31960	111	14	and	and	CCONJ
fbem-31960	111	15	some	some	DET
fbem-31960	111	16	even	even	ADV
fbem-31960	111	17	faced	faced	ADJ
fbem-31960	111	18	supply	supply	NOUN
fbem-31960	111	19	chain	chain	NOUN
fbem-31960	111	20	disruptions	disruption	NOUN
fbem-31960	111	21	due	due	ADP
fbem-31960	111	22	to	to	ADP
fbem-31960	111	23	the	the	DET
fbem-31960	111	24	pandemic	pandemic	NOUN
fbem-31960	111	25	.	.	PUNCT
fbem-31960	112	1	however	however	ADV
fbem-31960	112	2	,	,	PUNCT
fbem-31960	112	3	in	in	ADP
fbem-31960	112	4	2022	2022	NUM
fbem-31960	112	5	,	,	PUNCT
fbem-31960	112	6	byd	byd	PROPN
fbem-31960	112	7	seemed	seem	VERB
fbem-31960	112	8	unaffected	unaffected	ADJ
fbem-31960	112	9	by	by	ADP
fbem-31960	112	10	potential	potential	ADJ
fbem-31960	112	11	supply	supply	NOUN
fbem-31960	112	12	chain	chain	NOUN
fbem-31960	112	13	issues	issue	NOUN
fbem-31960	112	14	.	.	PUNCT
fbem-31960	113	1	while	while	SCONJ
fbem-31960	113	2	other	other	ADJ
fbem-31960	113	3	automakers	automaker	NOUN
fbem-31960	113	4	struggled	struggle	VERB
fbem-31960	113	5	with	with	ADP
fbem-31960	113	6	parts	part	NOUN
fbem-31960	113	7	sh	sh	PROPN
fbem-31960	113	8	ortages	ortage	NOUN
fbem-31960	113	9	,	,	PUNCT
fbem-31960	113	10	byd	byd	PROPN
fbem-31960	113	11	maintained	maintain	VERB
fbem-31960	113	12	production	production	NOUN
fbem-31960	113	13	and	and	CCONJ
fbem-31960	113	14	vehicle	vehicle	NOUN
fbem-31960	113	15	supply	supply	NOUN
fbem-31960	113	16	.	.	PUNCT
fbem-31960	114	1	this	this	DET
fbem-31960	114	2	not	not	PART
fbem-31960	114	3	only	only	ADV
fbem-31960	114	4	reduced	reduce	VERB
fbem-31960	114	5	costs	cost	NOUN
fbem-31960	114	6	and	and	CCONJ
fbem-31960	114	7	strengthened	strengthen	VERB
fbem-31960	114	8	its	its	PRON
fbem-31960	114	9	bargaining	bargaining	NOUN
fbem-31960	114	10	power	power	NOUN
fbem-31960	114	11	but	but	CCONJ
fbem-31960	114	12	also	also	ADV
fbem-31960	114	13	eliminated	eliminate	VERB
fbem-31960	114	14	concerns	concern	NOUN
fbem-31960	114	15	about	about	ADP
fbem-31960	114	16	dependence	dependence	NOUN
fbem-31960	114	17	on	on	ADP
fbem-31960	114	18	battery	battery	NOUN
fbem-31960	114	19	suppliers	supplier	NOUN
fbem-31960	114	20	.	.	PUNCT
fbem-31960	115	1	additionally	additionally	ADV
fbem-31960	115	2	,	,	PUNCT
fbem-31960	115	3	the	the	DET
fbem-31960	115	4	company	company	NOUN
fbem-31960	115	5	's	's	PART
fbem-31960	115	6	ability	ability	NOUN
fbem-31960	115	7	to	to	PART
fbem-31960	115	8	generate	generate	VERB
fbem-31960	115	9	profits	profit	NOUN
fbem-31960	115	10	through	through	ADP
fbem-31960	115	11	sales	sale	NOUN
fbem-31960	115	12	improved	improve	VERB
fbem-31960	115	13	significantly	significantly	ADV
fbem-31960	115	14	,	,	PUNCT
fbem-31960	115	15	proving	prove	VERB
fbem-31960	115	16	the	the	DET
fbem-31960	115	17	effectiveness	effectiveness	NOUN
fbem-31960	115	18	of	of	ADP
fbem-31960	115	19	byd	byd	PROPN
fbem-31960	115	20	's	's	PART
fbem-31960	115	21	earlier	early	ADJ
fbem-31960	115	22	focus	focus	NOUN
fbem-31960	115	23	on	on	ADP
fbem-31960	115	24	core	core	NOUN
fbem-31960	115	25	technology	technology	NOUN
fbem-31960	115	26	development	development	NOUN
fbem-31960	115	27	.	.	PUNCT
fbem-31960	116	1	moreover	moreover	ADV
fbem-31960	116	2	,	,	PUNCT
fbem-31960	116	3	due	due	ADP
fbem-31960	116	4	to	to	ADP
fbem-31960	116	5	its	its	PRON
fbem-31960	116	6	continuous	continuous	ADJ
fbem-31960	116	7	expansion	expansion	NOUN
fbem-31960	116	8	,	,	PUNCT
fbem-31960	116	9	byd	byd	PROPN
fbem-31960	116	10	managed	manage	VERB
fbem-31960	116	11	to	to	PART
fbem-31960	116	12	lower	lower	VERB
fbem-31960	116	13	per	per	ADP
fbem-31960	116	14	-	-	PUNCT
fbem-31960	116	15	unit	unit	NOUN
fbem-31960	116	16	costs	cost	NOUN
fbem-31960	116	17	,	,	PUNCT
fbem-31960	116	18	leading	lead	VERB
fbem-31960	116	19	to	to	ADP
fbem-31960	116	20	sustained	sustained	ADJ
fbem-31960	116	21	improvements	improvement	NOUN
fbem-31960	116	22	in	in	ADP
fbem-31960	116	23	per	per	ADP
fbem-31960	116	24	-	-	PUNCT
fbem-31960	116	25	vehicle	vehicle	NOUN
fbem-31960	116	26	profitability	profitability	NOUN
fbem-31960	116	27	.	.	PUNCT
fbem-31960	117	1	with	with	ADP
fbem-31960	117	2	its	its	PRON
fbem-31960	117	3	massive	massive	ADJ
fbem-31960	117	4	production	production	NOUN
fbem-31960	117	5	scale	scale	NOUN
fbem-31960	117	6	,	,	PUNCT
fbem-31960	117	7	the	the	DET
fbem-31960	117	8	company	company	NOUN
fbem-31960	117	9	also	also	ADV
fbem-31960	117	10	received	receive	VERB
fbem-31960	117	11	increased	increase	VERB
fbem-31960	117	12	policy	policy	NOUN
fbem-31960	117	13	support	support	NOUN
fbem-31960	117	14	from	from	ADP
fbem-31960	117	15	the	the	DET
fbem-31960	117	16	government	government	NOUN
fbem-31960	117	17	,	,	PUNCT
fbem-31960	117	18	including	include	VERB
fbem-31960	117	19	new	new	ADJ
fbem-31960	117	20	energy	energy	NOUN
fbem-31960	117	21	subsidies	subsidy	NOUN
fbem-31960	117	22	,	,	PUNCT
fbem-31960	117	23	which	which	PRON
fbem-31960	117	24	rose	rise	VERB
fbem-31960	117	25	from	from	ADP
fbem-31960	117	26	5.9	5.9	NUM
fbem-31960	117	27	billion	billion	NUM
fbem-31960	117	28	yuan	yuan	NOUN
fbem-31960	117	29	in	in	ADP
fbem-31960	117	30	2021	2021	NUM
fbem-31960	117	31	to	to	ADP
fbem-31960	117	32	10.4	10.4	NUM
fbem-31960	117	33	billion	billion	NUM
fbem-31960	117	34	yuan	yuan	NOUN
fbem-31960	117	35	in	in	ADP
fbem-31960	117	36	2022	2022	NUM
fbem-31960	117	37	.	.	PUNCT
fbem-31960	118	1	these	these	DET
fbem-31960	118	2	factors	factor	NOUN
fbem-31960	118	3	were	be	AUX
fbem-31960	118	4	the	the	DET
fbem-31960	118	5	main	main	ADJ
fbem-31960	118	6	reasons	reason	NOUN
fbem-31960	118	7	behind	behind	ADP
fbem-31960	118	8	byd	byd	PROPN
fbem-31960	118	9	's	's	PART
fbem-31960	118	10	enhanced	enhanced	ADJ
fbem-31960	118	11	profitability	profitability	NOUN
fbem-31960	118	12	.	.	PUNCT
fbem-31960	119	1	42	42	NUM
fbem-31960	119	2	5.3	5.3	NUM
fbem-31960	119	3	.	.	PUNCT
fbem-31960	119	4	operating	operate	VERB
fbem-31960	119	5	capability	capability	NOUN
fbem-31960	119	6	analysis	analysis	NOUN
fbem-31960	119	7	table	table	NOUN
fbem-31960	119	8	3	3	NUM
fbem-31960	119	9	.	.	PUNCT
fbem-31960	119	10	byd	byd	PROPN
fbem-31960	119	11	company	company	PROPN
fbem-31960	119	12	limited	limit	VERB
fbem-31960	119	13	operating	operating	NOUN
fbem-31960	119	14	capability	capability	NOUN
fbem-31960	119	15	financial	financial	ADJ
fbem-31960	119	16	indicators	indicator	NOUN
fbem-31960	119	17	table	table	NOUN
fbem-31960	119	18	(	(	PUNCT
fbem-31960	119	19	2020	2020	NUM
fbem-31960	119	20	-	-	SYM
fbem-31960	119	21	2022	2022	NUM
fbem-31960	119	22	)	)	PUNCT
fbem-31960	119	23	(	(	PUNCT
fbem-31960	119	24	unit	unit	NOUN
fbem-31960	119	25	:	:	PUNCT
fbem-31960	119	26	times	time	NOUN
fbem-31960	119	27	)	)	PUNCT
fbem-31960	119	28	indicators	indicator	NOUN
fbem-31960	119	29	2020	2020	NUM
fbem-31960	119	30	2021	2021	NUM
fbem-31960	119	31	2022	2022	NUM
fbem-31960	119	32	receivables	receivables	NOUN
fbem-31960	119	33	turnover	turnover	NOUN
fbem-31960	119	34	ratio	ratio	NOUN
fbem-31960	119	35	3.678	3.678	NUM
fbem-31960	119	36	5.580	5.580	NUM
fbem-31960	119	37	11.30	11.30	NUM
fbem-31960	119	38	inventory	inventory	NOUN
fbem-31960	119	39	turnover	turnover	NOUN
fbem-31960	119	40	ratio	ratio	NOUN
fbem-31960	119	41	4.432	4.432	NUM
fbem-31960	119	42	5.030	5.030	NUM
fbem-31960	119	43	5.746	5.746	NUM
fbem-31960	119	44	total	total	ADJ
fbem-31960	119	45	assets	asset	NOUN
fbem-31960	119	46	turnover	turnover	NOUN
fbem-31960	119	47	0.790	0.790	NUM
fbem-31960	119	48	0.870	0.870	NUM
fbem-31960	119	49	1.074	1.074	NUM
fbem-31960	119	50	as	as	SCONJ
fbem-31960	119	51	shown	show	VERB
fbem-31960	119	52	in	in	ADP
fbem-31960	119	53	table	table	NOUN
fbem-31960	119	54	3	3	NUM
fbem-31960	119	55	,	,	PUNCT
fbem-31960	119	56	byd	byd	PROPN
fbem-31960	119	57	company	company	PROPN
fbem-31960	119	58	limited	limit	VERB
fbem-31960	119	59	's	's	PART
fbem-31960	119	60	accounts	account	NOUN
fbem-31960	119	61	receivable	receivable	ADJ
fbem-31960	119	62	turnover	turnover	NOUN
fbem-31960	119	63	rate	rate	NOUN
fbem-31960	119	64	,	,	PUNCT
fbem-31960	119	65	inventory	inventory	NOUN
fbem-31960	119	66	turnover	turnover	NOUN
fbem-31960	119	67	rate	rate	NOUN
fbem-31960	119	68	,	,	PUNCT
fbem-31960	119	69	and	and	CCONJ
fbem-31960	119	70	total	total	ADJ
fbem-31960	119	71	asset	asset	NOUN
fbem-31960	119	72	turnover	turnover	NOUN
fbem-31960	119	73	rate	rate	NOUN
fbem-31960	119	74	all	all	PRON
fbem-31960	119	75	demonstrated	demonstrate	VERB
fbem-31960	119	76	a	a	DET
fbem-31960	119	77	steady	steady	ADJ
fbem-31960	119	78	upward	upward	ADJ
fbem-31960	119	79	trend	trend	NOUN
fbem-31960	119	80	.	.	PUNCT
fbem-31960	120	1	notably	notably	ADV
fbem-31960	120	2	,	,	PUNCT
fbem-31960	120	3	the	the	DET
fbem-31960	120	4	accounts	account	NOUN
fbem-31960	120	5	receivable	receivable	ADJ
fbem-31960	120	6	turnover	turnover	NOUN
fbem-31960	120	7	rate	rate	NOUN
fbem-31960	120	8	surged	surge	VERB
fbem-31960	120	9	from	from	ADP
fbem-31960	120	10	5.580	5.580	NUM
fbem-31960	120	11	times	time	NOUN
fbem-31960	120	12	in	in	ADP
fbem-31960	120	13	2021	2021	NUM
fbem-31960	120	14	to	to	ADP
fbem-31960	120	15	11.30	11.30	NUM
fbem-31960	120	16	times	time	NOUN
fbem-31960	120	17	in	in	ADP
fbem-31960	120	18	2022	2022	NUM
fbem-31960	120	19	.	.	PUNCT
fbem-31960	121	1	based	base	VERB
fbem-31960	121	2	on	on	ADP
fbem-31960	121	3	data	datum	NOUN
fbem-31960	121	4	from	from	ADP
fbem-31960	121	5	the	the	DET
fbem-31960	121	6	past	past	ADJ
fbem-31960	121	7	three	three	NUM
fbem-31960	121	8	years	year	NOUN
fbem-31960	121	9	,	,	PUNCT
fbem-31960	121	10	the	the	DET
fbem-31960	121	11	ratio	ratio	NOUN
fbem-31960	121	12	of	of	ADP
fbem-31960	121	13	accounts	account	NOUN
fbem-31960	121	14	receivable	receivable	ADJ
fbem-31960	121	15	to	to	ADP
fbem-31960	121	16	total	total	ADJ
fbem-31960	121	17	operating	operating	NOUN
fbem-31960	121	18	revenue	revenue	NOUN
fbem-31960	121	19	declined	decline	VERB
fbem-31960	121	20	consistently	consistently	ADV
fbem-31960	121	21	,	,	PUNCT
fbem-31960	121	22	dropping	drop	VERB
fbem-31960	121	23	from	from	ADP
fbem-31960	121	24	26	26	NUM
fbem-31960	121	25	%	%	NOUN
fbem-31960	121	26	in	in	ADP
fbem-31960	121	27	2020	2020	NUM
fbem-31960	121	28	to	to	ADP
fbem-31960	121	29	7.98	7.98	NUM
fbem-31960	121	30	%	%	NOUN
fbem-31960	121	31	in	in	ADP
fbem-31960	121	32	2022	2022	NUM
fbem-31960	121	33	.	.	PUNCT
fbem-31960	122	1	this	this	PRON
fbem-31960	122	2	indicates	indicate	VERB
fbem-31960	122	3	that	that	SCONJ
fbem-31960	122	4	a	a	DET
fbem-31960	122	5	higher	high	ADJ
fbem-31960	122	6	accounts	account	NOUN
fbem-31960	122	7	receivable	receivable	ADJ
fbem-31960	122	8	turnover	turnover	NOUN
fbem-31960	122	9	rate	rate	NOUN
fbem-31960	122	10	leads	lead	VERB
fbem-31960	122	11	to	to	ADP
fbem-31960	122	12	faster	fast	ADJ
fbem-31960	122	13	collection	collection	NOUN
fbem-31960	122	14	of	of	ADP
fbem-31960	122	15	receivables	receivables	NOUN
fbem-31960	122	16	,	,	PUNCT
fbem-31960	122	17	effectively	effectively	ADV
fbem-31960	122	18	reducing	reduce	VERB
fbem-31960	122	19	the	the	DET
fbem-31960	122	20	risk	risk	NOUN
fbem-31960	122	21	of	of	ADP
fbem-31960	122	22	bad	bad	ADJ
fbem-31960	122	23	debts	debt	NOUN
fbem-31960	122	24	.	.	PUNCT
fbem-31960	123	1	however	however	ADV
fbem-31960	123	2	,	,	PUNCT
fbem-31960	123	3	it	it	PRON
fbem-31960	123	4	is	be	AUX
fbem-31960	123	5	worth	worth	ADJ
fbem-31960	123	6	noting	note	VERB
fbem-31960	123	7	that	that	SCONJ
fbem-31960	123	8	the	the	DET
fbem-31960	123	9	improvement	improvement	NOUN
fbem-31960	123	10	in	in	ADP
fbem-31960	123	11	accounts	account	NOUN
fbem-31960	123	12	receivable	receivable	ADJ
fbem-31960	123	13	turnover	turnover	NOUN
fbem-31960	123	14	has	have	AUX
fbem-31960	123	15	not	not	PART
fbem-31960	123	16	strengthened	strengthen	VERB
fbem-31960	123	17	byd	byd	PROPN
fbem-31960	123	18	's	's	PART
fbem-31960	123	19	short	short	ADJ
fbem-31960	123	20	-	-	PUNCT
fbem-31960	123	21	term	term	NOUN
fbem-31960	123	22	debt	debt	NOUN
fbem-31960	123	23	repayment	repayment	NOUN
fbem-31960	123	24	ability	ability	NOUN
fbem-31960	123	25	.	.	PUNCT
fbem-31960	124	1	instead	instead	ADV
fbem-31960	124	2	,	,	PUNCT
fbem-31960	124	3	it	it	PRON
fbem-31960	124	4	has	have	AUX
fbem-31960	124	5	slightly	slightly	ADV
fbem-31960	124	6	declined	decline	VERB
fbem-31960	124	7	.	.	PUNCT
fbem-31960	125	1	the	the	DET
fbem-31960	125	2	reason	reason	NOUN
fbem-31960	125	3	lies	lie	VERB
fbem-31960	125	4	in	in	ADP
fbem-31960	125	5	the	the	DET
fbem-31960	125	6	company	company	NOUN
fbem-31960	125	7	's	's	PART
fbem-31960	125	8	high	high	ADJ
fbem-31960	125	9	current	current	ADJ
fbem-31960	125	10	liabilities	liability	NOUN
fbem-31960	125	11	,	,	PUNCT
fbem-31960	125	12	with	with	ADP
fbem-31960	125	13	operating	operate	VERB
fbem-31960	125	14	liab	liab	PROPN
fbem-31960	125	15	ilities	ilitie	NOUN
fbem-31960	125	16	making	make	VERB
fbem-31960	125	17	up	up	ADP
fbem-31960	125	18	the	the	DET
fbem-31960	125	19	main	main	ADJ
fbem-31960	125	20	part	part	NOUN
fbem-31960	125	21	—	—	PUNCT
fbem-31960	125	22	over	over	ADP
fbem-31960	125	23	60	60	NUM
fbem-31960	125	24	%	%	NOUN
fbem-31960	125	25	for	for	ADP
fbem-31960	125	26	the	the	DET
fbem-31960	125	27	past	past	ADJ
fbem-31960	125	28	three	three	NUM
fbem-31960	125	29	years	year	NOUN
fbem-31960	125	30	.	.	PUNCT
fbem-31960	126	1	at	at	ADP
fbem-31960	126	2	the	the	DET
fbem-31960	126	3	same	same	ADJ
fbem-31960	126	4	time	time	NOUN
fbem-31960	126	5	,	,	PUNCT
fbem-31960	126	6	byd	byd	PROPN
fbem-31960	126	7	's	's	PART
fbem-31960	126	8	operating	operate	VERB
fbem-31960	126	9	income	income	NOUN
fbem-31960	126	10	has	have	AUX
fbem-31960	126	11	been	be	AUX
fbem-31960	126	12	growing	grow	VERB
fbem-31960	126	13	year	year	NOUN
fbem-31960	126	14	by	by	ADP
fbem-31960	126	15	year	year	NOUN
fbem-31960	126	16	and	and	CCONJ
fbem-31960	126	17	remains	remain	VERB
fbem-31960	126	18	relatively	relatively	ADV
fbem-31960	126	19	high	high	ADJ
fbem-31960	126	20	,	,	PUNCT
fbem-31960	126	21	which	which	PRON
fbem-31960	126	22	also	also	ADV
fbem-31960	126	23	reflects	reflect	VERB
fbem-31960	126	24	the	the	DET
fbem-31960	126	25	company	company	NOUN
fbem-31960	126	26	's	's	PART
fbem-31960	126	27	strong	strong	ADJ
fbem-31960	126	28	position	position	NOUN
fbem-31960	126	29	downstream	downstream	ADJ
fbem-31960	126	30	.	.	PUNCT
fbem-31960	127	1	additionally	additionally	ADV
fbem-31960	127	2	,	,	PUNCT
fbem-31960	127	3	byd	byd	PROPN
fbem-31960	127	4	masters	masters	PROPN
fbem-31960	127	5	c	c	PROPN
fbem-31960	127	6	ore	ore	NOUN
fbem-31960	127	7	technologies	technology	NOUN
fbem-31960	127	8	,	,	PUNCT
fbem-31960	127	9	indicating	indicate	VERB
fbem-31960	127	10	that	that	SCONJ
fbem-31960	127	11	the	the	DET
fbem-31960	127	12	company	company	NOUN
fbem-31960	127	13	is	be	AUX
fbem-31960	127	14	actively	actively	ADV
fbem-31960	127	15	expanding	expand	VERB
fbem-31960	127	16	across	across	ADP
fbem-31960	127	17	the	the	DET
fbem-31960	127	18	upstream	upstream	ADJ
fbem-31960	127	19	and	and	CCONJ
fbem-31960	127	20	downstream	downstream	ADJ
fbem-31960	127	21	segments	segment	NOUN
fbem-31960	127	22	of	of	ADP
fbem-31960	127	23	the	the	DET
fbem-31960	127	24	industry	industry	NOUN
fbem-31960	127	25	chain	chain	NOUN
fbem-31960	127	26	,	,	PUNCT
fbem-31960	127	27	ensuring	ensure	VERB
fbem-31960	127	28	supply	supply	NOUN
fbem-31960	127	29	chain	chain	NOUN
fbem-31960	127	30	security	security	NOUN
fbem-31960	127	31	—	—	PUNCT
fbem-31960	127	32	a	a	DET
fbem-31960	127	33	sign	sign	NOUN
fbem-31960	127	34	of	of	ADP
fbem-31960	127	35	strong	strong	ADJ
fbem-31960	127	36	competitiveness	competitiveness	NOUN
fbem-31960	127	37	.	.	PUNCT
fbem-31960	128	1	a	a	DET
fbem-31960	128	2	higher	high	ADJ
fbem-31960	128	3	inventory	inventory	NOUN
fbem-31960	128	4	turnover	turnover	NOUN
fbem-31960	128	5	rate	rate	NOUN
fbem-31960	128	6	indicates	indicate	VERB
fbem-31960	128	7	stronger	strong	ADJ
fbem-31960	128	8	sales	sale	NOUN
fbem-31960	128	9	capability	capability	NOUN
fbem-31960	128	10	and	and	CCONJ
fbem-31960	128	11	less	less	ADV
fbem-31960	128	12	working	work	VERB
fbem-31960	128	13	capital	capital	NOUN
fbem-31960	128	14	allocated	allocate	VERB
fbem-31960	128	15	to	to	ADP
fbem-31960	128	16	inventory	inventory	NOUN
fbem-31960	128	17	.	.	PUNCT
fbem-31960	129	1	therefore	therefore	ADV
fbem-31960	129	2	,	,	PUNCT
fbem-31960	129	3	inventory	inventory	NOUN
fbem-31960	129	4	turnover	turnover	NOUN
fbem-31960	129	5	can	can	AUX
fbem-31960	129	6	be	be	AUX
fbem-31960	129	7	used	use	VERB
fbem-31960	129	8	to	to	PART
fbem-31960	129	9	measure	measure	VERB
fbem-31960	129	10	a	a	DET
fbem-31960	129	11	company	company	NOUN
fbem-31960	129	12	's	's	PART
fbem-31960	129	13	sales	sale	NOUN
fbem-31960	129	14	performance	performance	NOUN
fbem-31960	129	15	and	and	CCONJ
fbem-31960	129	16	inventory	inventory	NOUN
fbem-31960	129	17	utilization	utilization	NOUN
fbem-31960	129	18	.	.	PUNCT
fbem-31960	130	1	byd	byd	PROPN
fbem-31960	130	2	's	's	PART
fbem-31960	130	3	inventory	inventory	NOUN
fbem-31960	130	4	turnover	turnover	NOUN
fbem-31960	130	5	rate	rate	NOUN
fbem-31960	130	6	has	have	AUX
fbem-31960	130	7	remained	remain	VERB
fbem-31960	130	8	stable	stable	ADJ
fbem-31960	130	9	with	with	ADP
fbem-31960	130	10	an	an	DET
fbem-31960	130	11	upward	upward	ADJ
fbem-31960	130	12	trend	trend	NOUN
fbem-31960	130	13	,	,	PUNCT
fbem-31960	130	14	suggesting	suggest	VERB
fbem-31960	130	15	that	that	SCONJ
fbem-31960	130	16	the	the	DET
fbem-31960	130	17	growth	growth	NOUN
fbem-31960	130	18	in	in	ADP
fbem-31960	130	19	its	its	PRON
fbem-31960	130	20	inventory	inventory	NOUN
fbem-31960	130	21	value	value	NOUN
fbem-31960	130	22	is	be	AUX
fbem-31960	130	23	healthy	healthy	ADJ
fbem-31960	130	24	.	.	PUNCT
fbem-31960	131	1	the	the	DET
fbem-31960	131	2	total	total	ADJ
fbem-31960	131	3	asset	asset	NOUN
fbem-31960	131	4	turnover	turnover	NOUN
fbem-31960	131	5	rate	rate	NOUN
fbem-31960	131	6	follows	follow	VERB
fbem-31960	131	7	a	a	DET
fbem-31960	131	8	similar	similar	ADJ
fbem-31960	131	9	trend	trend	NOUN
fbem-31960	131	10	,	,	PUNCT
fbem-31960	131	11	reflecting	reflect	VERB
fbem-31960	131	12	the	the	DET
fbem-31960	131	13	efficiency	efficiency	NOUN
fbem-31960	131	14	of	of	ADP
fbem-31960	131	15	the	the	DET
fbem-31960	131	16	company	company	NOUN
fbem-31960	131	17	's	's	PART
fbem-31960	131	18	overall	overall	ADJ
fbem-31960	131	19	asset	asset	NOUN
fbem-31960	131	20	utilization	utilization	NOUN
fbem-31960	131	21	.	.	PUNCT
fbem-31960	132	1	byd	byd	PROPN
fbem-31960	132	2	's	's	PART
fbem-31960	132	3	efficiency	efficiency	NOUN
fbem-31960	132	4	in	in	ADP
fbem-31960	132	5	using	use	VERB
fbem-31960	132	6	its	its	PRON
fbem-31960	132	7	assets	asset	NOUN
fbem-31960	132	8	for	for	ADP
fbem-31960	132	9	operations	operation	NOUN
fbem-31960	132	10	is	be	AUX
fbem-31960	132	11	improving	improve	VERB
fbem-31960	132	12	,	,	PUNCT
fbem-31960	132	13	with	with	ADP
fbem-31960	132	14	faster	fast	ADJ
fbem-31960	132	15	capital	capital	NOUN
fbem-31960	132	16	turnover	turnover	NOUN
fbem-31960	132	17	and	and	CCONJ
fbem-31960	132	18	continuously	continuously	ADV
fbem-31960	132	19	increasing	increase	VERB
fbem-31960	132	20	sales	sale	NOUN
fbem-31960	132	21	capability	capability	NOUN
fbem-31960	132	22	.	.	PUNCT
fbem-31960	133	1	overall	overall	ADV
fbem-31960	133	2	,	,	PUNCT
fbem-31960	133	3	byd	byd	PROPN
fbem-31960	133	4	's	's	PART
fbem-31960	133	5	operational	operational	ADJ
fbem-31960	133	6	capacity	capacity	NOUN
fbem-31960	133	7	is	be	AUX
fbem-31960	133	8	strengthening	strengthen	VERB
fbem-31960	133	9	.	.	PUNCT
fbem-31960	134	1	6	6	NUM
fbem-31960	134	2	.	.	X
fbem-31960	134	3	peer	peer	NOUN
fbem-31960	134	4	comparison	comparison	NOUN
fbem-31960	134	5	analysis	analysis	NOUN
fbem-31960	134	6	this	this	DET
fbem-31960	134	7	industry	industry	NOUN
fbem-31960	134	8	comparison	comparison	NOUN
fbem-31960	134	9	primarily	primarily	ADV
fbem-31960	134	10	analyzes	analyze	VERB
fbem-31960	134	11	the	the	DET
fbem-31960	134	12	profitability	profitability	NOUN
fbem-31960	134	13	,	,	PUNCT
fbem-31960	134	14	operational	operational	ADJ
fbem-31960	134	15	capability	capability	NOUN
fbem-31960	134	16	,	,	PUNCT
fbem-31960	134	17	and	and	CCONJ
fbem-31960	134	18	debt	debt	NOUN
fbem-31960	134	19	-paying	-paye	VERB
fbem-31960	134	20	ability	ability	NOUN
fbem-31960	134	21	of	of	ADP
fbem-31960	134	22	byd	byd	PROPN
fbem-31960	134	23	,	,	PUNCT
fbem-31960	134	24	gac	gac	PROPN
fbem-31960	134	25	group	group	NOUN
fbem-31960	134	26	,	,	PUNCT
fbem-31960	134	27	and	and	CCONJ
fbem-31960	134	28	great	great	ADJ
fbem-31960	134	29	wall	wall	PROPN
fbem-31960	134	30	motors	motor	NOUN
fbem-31960	134	31	in	in	ADP
fbem-31960	134	32	2022	2022	NUM
fbem-31960	134	33	.	.	PUNCT
fbem-31960	135	1	table	table	NOUN
fbem-31960	135	2	4	4	NUM
fbem-31960	135	3	.	.	PUNCT
fbem-31960	135	4	comparison	comparison	NOUN
fbem-31960	135	5	of	of	ADP
fbem-31960	135	6	solvency	solvency	NOUN
fbem-31960	135	7	ratios	ratio	NOUN
fbem-31960	135	8	:	:	PUNCT
fbem-31960	136	1	byd	byd	PROPN
fbem-31960	136	2	,	,	PUNCT
fbem-31960	136	3	gac	gac	PROPN
fbem-31960	136	4	group	group	NOUN
fbem-31960	136	5	,	,	PUNCT
fbem-31960	136	6	and	and	CCONJ
fbem-31960	136	7	great	great	ADJ
fbem-31960	136	8	wall	wall	PROPN
fbem-31960	136	9	motors	motors	PROPN
fbem-31960	136	10	(	(	PUNCT
fbem-31960	136	11	2020	2020	NUM
fbem-31960	136	12	)	)	PUNCT
fbem-31960	136	13	indicators	indicator	NOUN
fbem-31960	136	14	byd	byd	PROPN
fbem-31960	136	15	gac	gac	PROPN
fbem-31960	136	16	gwm	gwm	PROPN
fbem-31960	136	17	current	current	PROPN
fbem-31960	136	18	ratio	ratio	VERB
fbem-31960	136	19	0.722	0.722	NUM
fbem-31960	136	20	1.620	1.620	NUM
fbem-31960	136	21	1.124	1.124	NUM
fbem-31960	136	22	quick	quick	ADJ
fbem-31960	136	23	ratio	ratio	NOUN
fbem-31960	136	24	0.485	0.485	NUM
fbem-31960	136	25	1.404	1.404	NUM
fbem-31960	136	26	0.890	0.890	NUM
fbem-31960	136	27	debt	debt	NOUN
fbem-31960	136	28	to	to	ADP
fbem-31960	136	29	asset	asset	NOUN
fbem-31960	136	30	ratio	ratio	NOUN
fbem-31960	136	31	75.42	75.42	NUM
fbem-31960	136	32	%	%	NOUN
fbem-31960	136	33	35.67	35.67	NUM
fbem-31960	136	34	%	%	NOUN
fbem-31960	136	35	64.82	64.82	NUM
fbem-31960	136	36	%	%	NOUN
fbem-31960	136	37	byd	byd	PROPN
fbem-31960	136	38	's	's	PART
fbem-31960	136	39	short	short	ADJ
fbem-31960	136	40	-	-	PUNCT
fbem-31960	136	41	term	term	NOUN
fbem-31960	136	42	solvency	solvency	NOUN
fbem-31960	136	43	ratios	ratio	NOUN
fbem-31960	136	44	are	be	AUX
fbem-31960	136	45	significantly	significantly	ADV
fbem-31960	136	46	lower	low	ADJ
fbem-31960	136	47	than	than	ADP
fbem-31960	136	48	those	those	PRON
fbem-31960	136	49	of	of	ADP
fbem-31960	136	50	gac	gac	PROPN
fbem-31960	136	51	and	and	CCONJ
fbem-31960	136	52	great	great	ADJ
fbem-31960	136	53	wall	wall	NOUN
fbem-31960	136	54	,	,	PUNCT
fbem-31960	136	55	and	and	CCONJ
fbem-31960	136	56	its	its	PRON
fbem-31960	136	57	asset	asset	NOUN
fbem-31960	136	58	-liability	-liability	PROPN
fbem-31960	136	59	ratio	ratio	NOUN
fbem-31960	136	60	is	be	AUX
fbem-31960	136	61	also	also	ADV
fbem-31960	136	62	higher	high	ADJ
fbem-31960	136	63	than	than	ADP
fbem-31960	136	64	the	the	DET
fbem-31960	136	65	other	other	ADJ
fbem-31960	136	66	two	two	NUM
fbem-31960	136	67	companies	company	NOUN
fbem-31960	136	68	.	.	PUNCT
fbem-31960	137	1	the	the	DET
fbem-31960	137	2	reason	reason	NOUN
fbem-31960	137	3	lies	lie	VERB
fbem-31960	137	4	in	in	ADP
fbem-31960	137	5	byd	byd	PROPN
fbem-31960	137	6	's	's	PART
fbem-31960	137	7	rapid	rapid	ADJ
fbem-31960	137	8	growth	growth	NOUN
fbem-31960	137	9	phase	phase	NOUN
fbem-31960	137	10	.	.	PUNCT
fbem-31960	138	1	although	although	SCONJ
fbem-31960	138	2	its	its	PRON
fbem-31960	138	3	debt	debt	NOUN
fbem-31960	138	4	repayment	repayment	NOUN
fbem-31960	138	5	ability	ability	NOUN
fbem-31960	138	6	is	be	AUX
fbem-31960	138	7	slightly	slightly	ADV
fbem-31960	138	8	weaker	weak	ADJ
fbem-31960	138	9	,	,	PUNCT
fbem-31960	138	10	its	its	PRON
fbem-31960	138	11	owners	owner	NOUN
fbem-31960	138	12	benefit	benefit	VERB
fbem-31960	138	13	more	more	ADV
fbem-31960	138	14	from	from	ADP
fbem-31960	138	15	leverage	leverage	NOUN
fbem-31960	138	16	.	.	PUNCT
fbem-31960	139	1	in	in	ADP
fbem-31960	139	2	summary	summary	NOUN
fbem-31960	139	3	,	,	PUNCT
fbem-31960	139	4	based	base	VERB
fbem-31960	139	5	on	on	ADP
fbem-31960	139	6	the	the	DET
fbem-31960	139	7	metrics	metric	NOUN
fbem-31960	139	8	,	,	PUNCT
fbem-31960	139	9	byd	byd	PROPN
fbem-31960	139	10	's	's	PART
fbem-31960	139	11	solvency	solvency	NOUN
fbem-31960	139	12	—	—	PUNCT
fbem-31960	139	13	both	both	CCONJ
fbem-31960	139	14	long	long	ADJ
fbem-31960	139	15	-	-	PUNCT
fbem-31960	139	16	term	term	NOUN
fbem-31960	139	17	and	and	CCONJ
fbem-31960	139	18	short	short	ADJ
fbem-31960	139	19	-	-	PUNCT
fbem-31960	139	20	term	term	NOUN
fbem-31960	139	21	—	—	PUNCT
fbem-31960	139	22	currently	currently	ADV
fbem-31960	139	23	lags	lag	VERB
fbem-31960	139	24	behind	behind	ADP
fbem-31960	139	25	that	that	PRON
fbem-31960	139	26	of	of	ADP
fbem-31960	139	27	gac	gac	PROPN
fbem-31960	139	28	and	and	CCONJ
fbem-31960	139	29	great	great	ADJ
fbem-31960	139	30	wall	wall	NOUN
fbem-31960	139	31	.	.	PUNCT
fbem-31960	139	32	table	table	NOUN
fbem-31960	140	1	5	5	NUM
fbem-31960	140	2	.	.	PUNCT
fbem-31960	140	3	comparison	comparison	NOUN
fbem-31960	140	4	of	of	ADP
fbem-31960	140	5	operational	operational	ADJ
fbem-31960	140	6	capability	capability	NOUN
fbem-31960	140	7	ratios	ratio	NOUN
fbem-31960	140	8	:	:	PUNCT
fbem-31960	140	9	byd	byd	PROPN
fbem-31960	140	10	,	,	PUNCT
fbem-31960	140	11	gac	gac	PROPN
fbem-31960	140	12	group	group	NOUN
fbem-31960	140	13	,	,	PUNCT
fbem-31960	140	14	and	and	CCONJ
fbem-31960	140	15	great	great	ADJ
fbem-31960	140	16	wall	wall	PROPN
fbem-31960	140	17	motors	motors	PROPN
fbem-31960	140	18	indicators	indicator	NOUN
fbem-31960	140	19	byd	byd	PROPN
fbem-31960	140	20	gac	gac	PROPN
fbem-31960	141	1	gwm	gwm	PROPN
fbem-31960	141	2	receivables	receivable	VERB
fbem-31960	141	3	turnover	turnover	NOUN
fbem-31960	141	4	ratio	ratio	NOUN
fbem-31960	141	5	11.30	11.30	NUM
fbem-31960	141	6	12.5	12.5	NUM
fbem-31960	141	7	15.30	15.30	NUM
fbem-31960	141	8	inventory	inventory	NOUN
fbem-31960	141	9	turnover	turnover	NOUN
fbem-31960	141	10	ratio	ratio	NOUN
fbem-31960	141	11	5.746	5.746	NUM
fbem-31960	141	12	9.934	9.934	NUM
fbem-31960	141	13	6.094	6.094	NUM
fbem-31960	141	14	total	total	ADJ
fbem-31960	141	15	assets	asset	NOUN
fbem-31960	141	16	turnover	turnover	NOUN
fbem-31960	141	17	1.074	1.074	NUM
fbem-31960	141	18	0.639	0.639	NUM
fbem-31960	141	19	0.761	0.761	NUM
fbem-31960	141	20	shifting	shift	VERB
fbem-31960	141	21	the	the	DET
fbem-31960	141	22	focus	focus	NOUN
fbem-31960	141	23	to	to	ADP
fbem-31960	141	24	operational	operational	ADJ
fbem-31960	141	25	capability	capability	NOUN
fbem-31960	141	26	,	,	PUNCT
fbem-31960	141	27	a	a	DET
fbem-31960	141	28	horizontal	horizontal	ADJ
fbem-31960	141	29	comparison	comparison	NOUN
fbem-31960	141	30	reveals	reveal	VERB
fbem-31960	141	31	that	that	SCONJ
fbem-31960	141	32	byd	byd	PROPN
fbem-31960	141	33	's	's	PART
fbem-31960	141	34	inventory	inventory	NOUN
fbem-31960	141	35	turnover	turnover	NOUN
fbem-31960	141	36	ratio	ratio	NOUN
fbem-31960	141	37	remains	remain	VERB
fbem-31960	141	38	around	around	ADP
fbem-31960	141	39	5	5	NUM
fbem-31960	141	40	,	,	PUNCT
fbem-31960	141	41	which	which	PRON
fbem-31960	141	42	is	be	AUX
fbem-31960	141	43	significantly	significantly	ADV
fbem-31960	141	44	lower	low	ADJ
fbem-31960	141	45	than	than	ADP
fbem-31960	141	46	that	that	PRON
fbem-31960	141	47	of	of	ADP
fbem-31960	141	48	great	great	ADJ
fbem-31960	141	49	wall	wall	NOUN
fbem-31960	141	50	and	and	CCONJ
fbem-31960	141	51	gac	gac	PROPN
fbem-31960	141	52	.	.	PUNCT
fbem-31960	142	1	this	this	DET
fbem-31960	142	2	trend	trend	NOUN
fbem-31960	142	3	has	have	AUX
fbem-31960	142	4	persisted	persist	VERB
fbem-31960	142	5	not	not	PART
fbem-31960	142	6	only	only	ADV
fbem-31960	142	7	in	in	ADP
fbem-31960	142	8	2022	2022	NUM
fbem-31960	142	9	but	but	CCONJ
fbem-31960	142	10	also	also	ADV
fbem-31960	142	11	in	in	ADP
fbem-31960	142	12	previous	previous	ADJ
fbem-31960	142	13	years	year	NOUN
fbem-31960	142	14	.	.	PUNCT
fbem-31960	143	1	byd	byd	PROPN
fbem-31960	143	2	's	's	PART
fbem-31960	143	3	inventory	inventory	NOUN
fbem-31960	143	4	accounts	account	VERB
fbem-31960	143	5	for	for	ADP
fbem-31960	143	6	32.85	32.85	NUM
fbem-31960	143	7	%	%	NOUN
fbem-31960	143	8	of	of	ADP
fbem-31960	143	9	its	its	PRON
fbem-31960	143	10	current	current	ADJ
fbem-31960	143	11	assets	asset	NOUN
fbem-31960	143	12	,	,	PUNCT
fbem-31960	143	13	compared	compare	VERB
fbem-31960	143	14	to	to	ADP
fbem-31960	143	15	20.77	20.77	NUM
fbem-31960	143	16	%	%	NOUN
fbem-31960	143	17	for	for	ADP
fbem-31960	143	18	great	great	ADJ
fbem-31960	143	19	wall	wall	NOUN
fbem-31960	143	20	and	and	CCONJ
fbem-31960	143	21	13.47	13.47	NUM
fbem-31960	143	22	%	%	NOUN
fbem-31960	143	23	for	for	ADP
fbem-31960	143	24	gac	gac	PROPN
fbem-31960	143	25	.	.	PUNCT
fbem-31960	144	1	this	this	PRON
fbem-31960	144	2	indicates	indicate	VERB
fbem-31960	144	3	that	that	SCONJ
fbem-31960	144	4	byd	byd	PROPN
fbem-31960	144	5	's	's	PART
fbem-31960	144	6	lower	low	ADJ
fbem-31960	144	7	inventory	inventory	NOUN
fbem-31960	144	8	turnover	turnover	NOUN
fbem-31960	144	9	is	be	AUX
fbem-31960	144	10	due	due	ADJ
fbem-31960	144	11	to	to	ADP
fbem-31960	144	12	slower	slow	ADJ
fbem-31960	144	13	sales	sale	NOUN
fbem-31960	144	14	,	,	PUNCT
fbem-31960	144	15	higher	high	ADJ
fbem-31960	144	16	inventory	inventory	NOUN
fbem-31960	144	17	pressure	pressure	NOUN
fbem-31960	144	18	,	,	PUNCT
fbem-31960	144	19	and	and	CCONJ
fbem-31960	144	20	longer	long	ADJ
fbem-31960	144	21	conversion	conversion	NOUN
fbem-31960	144	22	cycles	cycle	NOUN
fbem-31960	144	23	.	.	PUNCT
fbem-31960	145	1	great	great	ADJ
fbem-31960	145	2	wall	wall	NOUN
fbem-31960	145	3	's	's	PART
fbem-31960	145	4	accounts	account	NOUN
fbem-31960	145	5	receivable	receivable	ADJ
fbem-31960	145	6	turnover	turnover	NOUN
fbem-31960	145	7	is	be	AUX
fbem-31960	145	8	much	much	ADV
fbem-31960	145	9	higher	high	ADJ
fbem-31960	145	10	than	than	ADP
fbem-31960	145	11	the	the	DET
fbem-31960	145	12	other	other	ADJ
fbem-31960	145	13	two	two	NUM
fbem-31960	145	14	companies	company	NOUN
fbem-31960	145	15	,	,	PUNCT
fbem-31960	145	16	while	while	SCONJ
fbem-31960	145	17	byd	byd	PROPN
fbem-31960	145	18	ranks	rank	VERB
fbem-31960	145	19	the	the	DET
fbem-31960	145	20	lowest	low	ADJ
fbem-31960	145	21	among	among	ADP
fbem-31960	145	22	the	the	DET
fbem-31960	145	23	three	three	NUM
fbem-31960	145	24	.	.	PUNCT
fbem-31960	146	1	however	however	ADV
fbem-31960	146	2	,	,	PUNCT
fbem-31960	146	3	byd	byd	PROPN
fbem-31960	146	4	's	's	PART
fbem-31960	146	5	total	total	ADJ
fbem-31960	146	6	asset	asset	NOUN
fbem-31960	146	7	turnover	turnover	NOUN
fbem-31960	146	8	is	be	AUX
fbem-31960	146	9	relatively	relatively	ADV
fbem-31960	146	10	decent	decent	ADJ
fbem-31960	146	11	.	.	PUNCT
fbem-31960	147	1	over	over	ADP
fbem-31960	147	2	the	the	DET
fbem-31960	147	3	past	past	ADJ
fbem-31960	147	4	four	four	NUM
fbem-31960	147	5	years	year	NOUN
fbem-31960	147	6	,	,	PUNCT
fbem-31960	147	7	the	the	DET
fbem-31960	147	8	gap	gap	NOUN
fbem-31960	147	9	in	in	ADP
fbem-31960	147	10	total	total	ADJ
fbem-31960	147	11	asset	asset	NOUN
fbem-31960	147	12	turnover	turnover	NOUN
fbem-31960	147	13	between	between	ADP
fbem-31960	147	14	byd	byd	PROPN
fbem-31960	147	15	and	and	CCONJ
fbem-31960	147	16	its	its	PRON
fbem-31960	147	17	peers	peer	NOUN
fbem-31960	147	18	(	(	PUNCT
fbem-31960	147	19	gac	gac	NOUN
fbem-31960	147	20	and	and	CCONJ
fbem-31960	147	21	great	great	ADJ
fbem-31960	147	22	wall	wall	NOUN
fbem-31960	147	23	)	)	PUNCT
fbem-31960	147	24	has	have	AUX
fbem-31960	147	25	been	be	AUX
fbem-31960	147	26	widening	widen	VERB
fbem-31960	147	27	.	.	PUNCT
fbem-31960	148	1	overall	overall	ADV
fbem-31960	148	2	,	,	PUNCT
fbem-31960	148	3	byd	byd	PROPN
fbem-31960	148	4	's	's	PART
fbem-31960	148	5	operational	operational	ADJ
fbem-31960	148	6	capability	capability	NOUN
fbem-31960	148	7	is	be	AUX
fbem-31960	148	8	weaker	weak	ADJ
fbem-31960	148	9	,	,	PUNCT
fbem-31960	148	10	but	but	CCONJ
fbem-31960	148	11	it	it	PRON
fbem-31960	148	12	has	have	AUX
fbem-31960	148	13	been	be	AUX
fbem-31960	148	14	improving	improve	VERB
fbem-31960	148	15	in	in	ADP
fbem-31960	148	16	recent	recent	ADJ
fbem-31960	148	17	years	year	NOUN
fbem-31960	148	18	.	.	PUNCT
fbem-31960	149	1	future	future	ADJ
fbem-31960	149	2	performance	performance	NOUN
fbem-31960	149	3	in	in	ADP
fbem-31960	149	4	this	this	DET
fbem-31960	149	5	area	area	NOUN
fbem-31960	149	6	is	be	AUX
fbem-31960	149	7	expected	expect	VERB
fbem-31960	149	8	to	to	PART
fbem-31960	149	9	surpass	surpass	VERB
fbem-31960	149	10	that	that	PRON
fbem-31960	149	11	of	of	ADP
fbem-31960	149	12	its	its	PRON
fbem-31960	149	13	industry	industry	NOUN
fbem-31960	149	14	peers	peer	NOUN
fbem-31960	149	15	.	.	PUNCT
fbem-31960	150	1	table	table	NOUN
fbem-31960	150	2	6	6	NUM
fbem-31960	150	3	.	.	PUNCT
fbem-31960	151	1	comparison	comparison	NOUN
fbem-31960	151	2	of	of	ADP
fbem-31960	151	3	profitability	profitability	NOUN
fbem-31960	151	4	ratios	ratio	NOUN
fbem-31960	151	5	:	:	PUNCT
fbem-31960	151	6	byd	byd	PROPN
fbem-31960	151	7	,	,	PUNCT
fbem-31960	151	8	gac	gac	PROPN
fbem-31960	151	9	group	group	NOUN
fbem-31960	151	10	,	,	PUNCT
fbem-31960	151	11	and	and	CCONJ
fbem-31960	151	12	great	great	ADJ
fbem-31960	151	13	wall	wall	PROPN
fbem-31960	151	14	motors	motors	PROPN
fbem-31960	151	15	(	(	PUNCT
fbem-31960	151	16	2022	2022	NUM
fbem-31960	151	17	)	)	PUNCT
fbem-31960	151	18	(	(	PUNCT
fbem-31960	151	19	unit	unit	NOUN
fbem-31960	151	20	:	:	PUNCT
fbem-31960	151	21	%	%	INTJ
fbem-31960	151	22	)	)	PUNCT
fbem-31960	151	23	indicators	indicator	NOUN
fbem-31960	151	24	byd	byd	PROPN
fbem-31960	151	25	gac	gac	PROPN
fbem-31960	151	26	gwm	gwm	PROPN
fbem-31960	151	27	gross	gross	ADJ
fbem-31960	151	28	profit	profit	NOUN
fbem-31960	151	29	margin	margin	NOUN
fbem-31960	151	30	17.04	17.04	NUM
fbem-31960	151	31	6.99	6.99	NUM
fbem-31960	151	32	19.37	19.37	NUM
fbem-31960	151	33	net	net	ADJ
fbem-31960	151	34	profit	profit	NOUN
fbem-31960	151	35	margin	margin	NOUN
fbem-31960	151	36	on	on	ADP
fbem-31960	151	37	sales	sale	NOUN
fbem-31960	151	38	4.18	4.18	NUM
fbem-31960	151	39	7.32	7.32	NUM
fbem-31960	151	40	6.01	6.01	NUM
fbem-31960	151	41	roe	roe	NOUN
fbem-31960	151	42	16.14	16.14	NUM
fbem-31960	151	43	7.93	7.93	NUM
fbem-31960	151	44	12.66	12.66	NUM
fbem-31960	151	45	roa	roa	NOUN
fbem-31960	151	46	4.49	4.49	NUM
fbem-31960	151	47	4.65	4.65	NUM
fbem-31960	151	48	4.58	4.58	NUM
fbem-31960	151	49	profitability	profitability	NOUN
fbem-31960	151	50	is	be	AUX
fbem-31960	151	51	a	a	DET
fbem-31960	151	52	crucial	crucial	ADJ
fbem-31960	151	53	financial	financial	ADJ
fbem-31960	151	54	capability	capability	NOUN
fbem-31960	151	55	for	for	ADP
fbem-31960	151	56	enterprises	enterprise	NOUN
fbem-31960	151	57	.	.	PUNCT
fbem-31960	152	1	the	the	DET
fbem-31960	152	2	return	return	NOUN
fbem-31960	152	3	on	on	ADP
fbem-31960	152	4	total	total	ADJ
fbem-31960	152	5	assets	asset	NOUN
fbem-31960	152	6	(	(	PUNCT
fbem-31960	152	7	roa	roa	NOUN
fbem-31960	152	8	)	)	PUNCT
fbem-31960	152	9	of	of	ADP
fbem-31960	152	10	byd	byd	PROPN
fbem-31960	152	11	,	,	PUNCT
fbem-31960	152	12	great	great	ADJ
fbem-31960	152	13	wall	wall	NOUN
fbem-31960	152	14	,	,	PUNCT
fbem-31960	152	15	and	and	CCONJ
fbem-31960	152	16	gac	gac	PROPN
fbem-31960	152	17	remained	remain	VERB
fbem-31960	152	18	relatively	relatively	ADV
fbem-31960	152	19	similar	similar	ADJ
fbem-31960	152	20	.	.	PUNCT
fbem-31960	153	1	great	great	ADJ
fbem-31960	153	2	wall	wall	NOUN
fbem-31960	153	3	and	and	CCONJ
fbem-31960	153	4	byd	byd	PROPN
fbem-31960	153	5	were	be	AUX
fbem-31960	153	6	closely	closely	ADV
fbem-31960	153	7	matched	match	VERB
fbem-31960	153	8	in	in	ADP
fbem-31960	153	9	terms	term	NOUN
fbem-31960	153	10	of	of	ADP
fbem-31960	153	11	gross	gross	ADJ
fbem-31960	153	12	profit	profit	NOUN
fbem-31960	153	13	margin	margin	NOUN
fbem-31960	153	14	,	,	PUNCT
fbem-31960	153	15	though	though	SCONJ
fbem-31960	153	16	byd	byd	PROPN
fbem-31960	153	17	still	still	ADV
fbem-31960	153	18	slightly	slightly	ADV
fbem-31960	153	19	lagged	lag	VERB
fbem-31960	153	20	behind	behind	ADP
fbem-31960	153	21	great	great	ADJ
fbem-31960	153	22	wall	wall	NOUN
fbem-31960	153	23	.	.	PUNCT
fbem-31960	154	1	however	however	ADV
fbem-31960	154	2	,	,	PUNCT
fbem-31960	154	3	byd	byd	PROPN
fbem-31960	154	4	's	's	PART
fbem-31960	154	5	return	return	NOUN
fbem-31960	154	6	on	on	ADP
fbem-31960	154	7	equity	equity	NOUN
fbem-31960	154	8	(	(	PUNCT
fbem-31960	154	9	roe	roe	PROPN
fbem-31960	154	10	)	)	PUNCT
fbem-31960	154	11	stood	stand	VERB
fbem-31960	154	12	at	at	ADP
fbem-31960	154	13	16.14	16.14	NUM
fbem-31960	154	14	%	%	NOUN
fbem-31960	154	15	,	,	PUNCT
fbem-31960	154	16	significantly	significantly	ADV
fbem-31960	154	17	outperforming	outperform	VERB
fbem-31960	154	18	the	the	DET
fbem-31960	154	19	other	other	ADJ
fbem-31960	154	20	two	two	NUM
fbem-31960	154	21	companies	company	NOUN
fbem-31960	154	22	,	,	PUNCT
fbem-31960	154	23	while	while	SCONJ
fbem-31960	154	24	its	its	PRON
fbem-31960	154	25	net	net	ADJ
fbem-31960	154	26	profit	profit	NOUN
fbem-31960	154	27	margin	margin	NOUN
fbem-31960	154	28	was	be	AUX
fbem-31960	154	29	lower	low	ADJ
fbem-31960	154	30	than	than	ADP
fbem-31960	154	31	that	that	PRON
fbem-31960	154	32	of	of	ADP
fbem-31960	154	33	both	both	PRON
fbem-31960	154	34	gac	gac	NOUN
fbem-31960	154	35	and	and	CCONJ
fbem-31960	154	36	great	great	ADJ
fbem-31960	154	37	wall	wall	NOUN
fbem-31960	154	38	.	.	PUNCT
fbem-31960	155	1	this	this	PRON
fbem-31960	155	2	indicates	indicate	VERB
fbem-31960	155	3	that	that	SCONJ
fbem-31960	155	4	although	although	SCONJ
fbem-31960	155	5	byd	byd	PROPN
fbem-31960	155	6	"	"	PUNCT
fbem-31960	155	7	took	take	VERB
fbem-31960	155	8	the	the	DET
fbem-31960	155	9	lead	lead	NOUN
fbem-31960	155	10	"	"	PUNCT
fbem-31960	155	11	in	in	ADP
fbem-31960	155	12	2022	2022	NUM
fbem-31960	155	13	,	,	PUNCT
fbem-31960	155	14	its	its	PRON
fbem-31960	155	15	overall	overall	ADJ
fbem-31960	155	16	profitability	profitability	NOUN
fbem-31960	155	17	still	still	ADV
fbem-31960	155	18	has	have	VERB
fbem-31960	155	19	room	room	NOUN
fbem-31960	155	20	for	for	ADP
fbem-31960	155	21	growth	growth	NOUN
fbem-31960	155	22	.	.	PUNCT
fbem-31960	156	1	7	7	X
fbem-31960	156	2	.	.	X
fbem-31960	156	3	shortcomings	shortcoming	NOUN
fbem-31960	156	4	7.1	7.1	NUM
fbem-31960	156	5	.	.	PUNCT
fbem-31960	157	1	weak	weak	ADJ
fbem-31960	157	2	solvency	solvency	NOUN
fbem-31960	157	3	based	base	VERB
fbem-31960	157	4	on	on	ADP
fbem-31960	157	5	the	the	DET
fbem-31960	157	6	above	above	ADJ
fbem-31960	157	7	analysis	analysis	NOUN
fbem-31960	157	8	,	,	PUNCT
fbem-31960	157	9	it	it	PRON
fbem-31960	157	10	can	can	AUX
fbem-31960	157	11	be	be	AUX
fbem-31960	157	12	seen	see	VERB
fbem-31960	157	13	that	that	SCONJ
fbem-31960	157	14	byd	byd	PROPN
fbem-31960	157	15	company	company	PROPN
fbem-31960	157	16	limited	limit	VERB
fbem-31960	157	17	has	have	VERB
fbem-31960	157	18	relatively	relatively	ADV
fbem-31960	157	19	weak	weak	ADJ
fbem-31960	157	20	solvency	solvency	NOUN
fbem-31960	157	21	.	.	PUNCT
fbem-31960	158	1	the	the	DET
fbem-31960	158	2	main	main	ADJ
fbem-31960	158	3	reason	reason	NOUN
fbem-31960	158	4	for	for	ADP
fbem-31960	158	5	this	this	PRON
fbem-31960	158	6	is	be	AUX
fbem-31960	158	7	its	its	PRON
fbem-31960	158	8	strategic	strategic	ADJ
fbem-31960	158	9	choice	choice	NOUN
fbem-31960	158	10	to	to	PART
fbem-31960	158	11	rely	rely	VERB
fbem-31960	158	12	on	on	ADP
fbem-31960	158	13	operating	operate	VERB
fbem-31960	158	14	liabilities	liability	NOUN
fbem-31960	158	15	in	in	ADP
fbem-31960	158	16	order	order	NOUN
fbem-31960	158	17	to	to	PART
fbem-31960	158	18	capture	capture	VERB
fbem-31960	158	19	market	market	NOUN
fbem-31960	158	20	share	share	NOUN
fbem-31960	158	21	,	,	PUNCT
fbem-31960	158	22	expand	expand	VERB
fbem-31960	158	23	its	its	PRON
fbem-31960	158	24	scale	scale	NOUN
fbem-31960	158	25	,	,	PUNCT
fbem-31960	158	26	and	and	CCONJ
fbem-31960	158	27	enhance	enhance	VERB
fbem-31960	158	28	its	its	PRON
fbem-31960	158	29	market	market	NOUN
fbem-31960	158	30	competitiveness	competitiveness	NOUN
fbem-31960	158	31	.	.	PUNCT
fbem-31960	159	1	furthermore	furthermore	ADV
fbem-31960	159	2	,	,	PUNCT
fbem-31960	159	3	the	the	DET
fbem-31960	159	4	cash	cash	NOUN
fbem-31960	159	5	inflows	inflow	NOUN
fbem-31960	159	6	generated	generate	VERB
fbem-31960	159	7	from	from	ADP
fbem-31960	159	8	byd	byd	PROPN
fbem-31960	159	9	's	's	PART
fbem-31960	159	10	financing	financing	NOUN
fbem-31960	159	11	activities	activity	NOUN
fbem-31960	159	12	primarily	primarily	ADV
fbem-31960	159	13	come	come	VERB
fbem-31960	159	14	from	from	ADP
fbem-31960	159	15	borrowing	borrowing	NOUN
fbem-31960	159	16	,	,	PUNCT
fbem-31960	159	17	indicating	indicate	VERB
fbem-31960	159	18	that	that	SCONJ
fbem-31960	159	19	the	the	DET
fbem-31960	159	20	company	company	NOUN
fbem-31960	159	21	faces	face	VERB
fbem-31960	159	22	relatively	relatively	ADV
fbem-31960	159	23	high	high	ADJ
fbem-31960	159	24	financing	financing	NOUN
fbem-31960	159	25	costs	cost	NOUN
fbem-31960	159	26	.	.	PUNCT
fbem-31960	160	1	in	in	ADP
fbem-31960	160	2	addition	addition	NOUN
fbem-31960	160	3	,	,	PUNCT
fbem-31960	160	4	byd	byd	PROPN
fbem-31960	160	5	has	have	AUX
fbem-31960	160	6	been	be	AUX
fbem-31960	160	7	significantly	significantly	ADV
fbem-31960	160	8	increasing	increase	VERB
fbem-31960	160	9	its	its	PRON
fbem-31960	160	10	investments	investment	NOUN
fbem-31960	160	11	—	—	PUNCT
fbem-31960	160	12	for	for	ADP
fbem-31960	160	13	instance	instance	NOUN
fbem-31960	160	14	,	,	PUNCT
fbem-31960	160	15	its	its	PRON
fbem-31960	160	16	trading	trading	NOUN
fbem-31960	160	17	financial	financial	ADJ
fbem-31960	160	18	assets	asset	NOUN
fbem-31960	160	19	grew	grow	VERB
fbem-31960	160	20	by	by	ADP
fbem-31960	160	21	233,600	233,600	NUM
fbem-31960	160	22	times	time	NOUN
fbem-31960	160	23	year	year	NOUN
fbem-31960	160	24	-	-	PUNCT
fbem-31960	160	25	on	on	ADP
fbem-31960	160	26	-	-	PUNCT
fbem-31960	160	27	year	year	NOUN
fbem-31960	160	28	in	in	ADP
fbem-31960	160	29	2021	2021	NUM
fbem-31960	160	30	.	.	PUNCT
fbem-31960	161	1	43	43	NUM
fbem-31960	161	2	7.2	7.2	NUM
fbem-31960	161	3	.	.	PUNCT
fbem-31960	162	1	high	high	ADJ
fbem-31960	162	2	inventory	inventory	NOUN
fbem-31960	162	3	pressure	pressure	NOUN
fbem-31960	162	4	byd	byd	PROPN
fbem-31960	162	5	is	be	AUX
fbem-31960	162	6	experiencing	experience	VERB
fbem-31960	162	7	an	an	DET
fbem-31960	162	8	inventory	inventory	NOUN
fbem-31960	162	9	backlog	backlog	NOUN
fbem-31960	162	10	.	.	PUNCT
fbem-31960	163	1	although	although	SCONJ
fbem-31960	163	2	the	the	DET
fbem-31960	163	3	company	company	NOUN
fbem-31960	163	4	's	's	PART
fbem-31960	163	5	sales	sale	NOUN
fbem-31960	163	6	have	have	AUX
fbem-31960	163	7	surged	surge	VERB
fbem-31960	163	8	,	,	PUNCT
fbem-31960	163	9	its	its	PRON
fbem-31960	163	10	inventory	inventory	NOUN
fbem-31960	163	11	scale	scale	NOUN
fbem-31960	163	12	has	have	AUX
fbem-31960	163	13	also	also	ADV
fbem-31960	163	14	expanded	expand	VERB
fbem-31960	163	15	significantly	significantly	ADV
fbem-31960	163	16	.	.	PUNCT
fbem-31960	164	1	with	with	ADP
fbem-31960	164	2	the	the	DET
fbem-31960	164	3	support	support	NOUN
fbem-31960	164	4	of	of	ADP
fbem-31960	164	5	national	national	ADJ
fbem-31960	164	6	policies	policy	NOUN
fbem-31960	164	7	,	,	PUNCT
fbem-31960	164	8	new	new	ADJ
fbem-31960	164	9	energy	energy	NOUN
fbem-31960	164	10	vehicles	vehicle	NOUN
fbem-31960	164	11	(	(	PUNCT
fbem-31960	164	12	nevs	nevs	NOUN
fbem-31960	164	13	)	)	PUNCT
fbem-31960	164	14	are	be	AUX
fbem-31960	164	15	no	no	ADV
fbem-31960	164	16	longer	long	ADV
fbem-31960	164	17	in	in	ADP
fbem-31960	164	18	short	short	ADJ
fbem-31960	164	19	supply	supply	NOUN
fbem-31960	164	20	in	in	ADP
fbem-31960	164	21	the	the	DET
fbem-31960	164	22	market	market	NOUN
fbem-31960	164	23	,	,	PUNCT
fbem-31960	164	24	and	and	CCONJ
fbem-31960	164	25	consumer	consumer	NOUN
fbem-31960	164	26	demand	demand	NOUN
fbem-31960	164	27	has	have	AUX
fbem-31960	164	28	subsequently	subsequently	ADV
fbem-31960	164	29	declined	decline	VERB
fbem-31960	164	30	.	.	PUNCT
fbem-31960	165	1	moreover	moreover	ADV
fbem-31960	165	2	,	,	PUNCT
fbem-31960	165	3	the	the	DET
fbem-31960	165	4	prices	price	NOUN
fbem-31960	165	5	of	of	ADP
fbem-31960	165	6	nevs	nevs	PROPN
fbem-31960	165	7	across	across	ADP
fbem-31960	165	8	the	the	DET
fbem-31960	165	9	market	market	NOUN
fbem-31960	165	10	have	have	AUX
fbem-31960	165	11	plummeted	plummet	VERB
fbem-31960	165	12	,	,	PUNCT
fbem-31960	165	13	triggering	trigger	VERB
fbem-31960	165	14	a	a	DET
fbem-31960	165	15	wave	wave	NOUN
fbem-31960	165	16	of	of	ADP
fbem-31960	165	17	price	price	NOUN
fbem-31960	165	18	reductions	reduction	NOUN
fbem-31960	165	19	.	.	PUNCT
fbem-31960	166	1	as	as	ADP
fbem-31960	166	2	a	a	DET
fbem-31960	166	3	result	result	NOUN
fbem-31960	166	4	,	,	PUNCT
fbem-31960	166	5	byd	byd	PROPN
fbem-31960	166	6	is	be	AUX
fbem-31960	166	7	facing	face	VERB
fbem-31960	166	8	intense	intense	ADJ
fbem-31960	166	9	competitive	competitive	ADJ
fbem-31960	166	10	pressure	pressure	NOUN
fbem-31960	166	11	from	from	ADP
fbem-31960	166	12	industry	industry	NOUN
fbem-31960	166	13	peers	peer	NOUN
fbem-31960	166	14	.	.	PUNCT
fbem-31960	167	1	7.3	7.3	NUM
fbem-31960	167	2	.	.	PUNCT
fbem-31960	168	1	reliance	reliance	NOUN
fbem-31960	168	2	on	on	ADP
fbem-31960	168	3	government	government	NOUN
fbem-31960	168	4	subsidies	subsidy	NOUN
fbem-31960	168	5	according	accord	VERB
fbem-31960	168	6	to	to	ADP
fbem-31960	168	7	data	datum	NOUN
fbem-31960	168	8	,	,	PUNCT
fbem-31960	168	9	government	government	NOUN
fbem-31960	168	10	subsidies	subsidy	NOUN
fbem-31960	168	11	for	for	ADP
fbem-31960	168	12	byd	byd	PROPN
fbem-31960	168	13	's	's	PART
fbem-31960	168	14	new	new	ADJ
fbem-31960	168	15	energy	energy	NOUN
fbem-31960	168	16	vehicles	vehicle	NOUN
fbem-31960	168	17	reached	reach	VERB
fbem-31960	168	18	5.867	5.867	NUM
fbem-31960	168	19	billion	billion	NUM
fbem-31960	168	20	cny	cny	NOUN
fbem-31960	168	21	in	in	ADP
fbem-31960	168	22	2021	2021	NUM
fbem-31960	168	23	.	.	PUNCT
fbem-31960	169	1	however	however	ADV
fbem-31960	169	2	,	,	PUNCT
fbem-31960	169	3	the	the	DET
fbem-31960	169	4	company	company	NOUN
fbem-31960	169	5	's	's	PART
fbem-31960	169	6	actual	actual	ADJ
fbem-31960	169	7	net	net	ADJ
fbem-31960	169	8	profit	profit	NOUN
fbem-31960	169	9	attributable	attributable	ADJ
fbem-31960	169	10	to	to	ADP
fbem-31960	169	11	shareholders	shareholder	NOUN
fbem-31960	169	12	that	that	DET
fbem-31960	169	13	year	year	NOUN
fbem-31960	169	14	,	,	PUNCT
fbem-31960	169	15	after	after	ADP
fbem-31960	169	16	deducting	deduct	VERB
fbem-31960	169	17	these	these	DET
fbem-31960	169	18	subsidies	subsidy	NOUN
fbem-31960	169	19	,	,	PUNCT
fbem-31960	169	20	was	be	AUX
fbem-31960	169	21	only	only	ADV
fbem-31960	169	22	782	782	NUM
fbem-31960	169	23	million	million	NUM
fbem-31960	169	24	cny	cny	NOUN
fbem-31960	169	25	.	.	PUNCT
fbem-31960	170	1	looking	look	VERB
fbem-31960	170	2	further	far	ADV
fbem-31960	170	3	back	back	ADV
fbem-31960	170	4	,	,	PUNCT
fbem-31960	170	5	byd	byd	PROPN
fbem-31960	170	6	received	receive	VERB
fbem-31960	170	7	1.678	1.678	NUM
fbem-31960	170	8	billion	billion	NUM
fbem-31960	170	9	cny	cny	NOUN
fbem-31960	170	10	in	in	ADP
fbem-31960	170	11	government	government	NOUN
fbem-31960	170	12	subsidies	subsidy	NOUN
fbem-31960	170	13	in	in	ADP
fbem-31960	170	14	2020	2020	NUM
fbem-31960	170	15	,	,	PUNCT
fbem-31960	170	16	while	while	SCONJ
fbem-31960	170	17	its	its	PRON
fbem-31960	170	18	net	net	ADJ
fbem-31960	170	19	profit	profit	NOUN
fbem-31960	170	20	attributable	attributable	ADJ
fbem-31960	170	21	to	to	ADP
fbem-31960	170	22	shareholders	shareholder	NOUN
fbem-31960	170	23	for	for	ADP
fbem-31960	170	24	the	the	DET
fbem-31960	170	25	same	same	ADJ
fbem-31960	170	26	period	period	NOUN
fbem-31960	170	27	was	be	AUX
fbem-31960	170	28	4.234	4.234	NUM
fbem-31960	170	29	billion	billion	NUM
fbem-31960	170	30	cny	cny	NOUN
fbem-31960	170	31	.	.	PROPN
fbem-31960	171	1	in	in	ADP
fbem-31960	171	2	other	other	ADJ
fbem-31960	171	3	words	word	NOUN
fbem-31960	171	4	,	,	PUNCT
fbem-31960	171	5	byd	byd	PROPN
fbem-31960	171	6	relied	rely	VERB
fbem-31960	171	7	heavily	heavily	ADV
fbem-31960	171	8	on	on	ADP
fbem-31960	171	9	government	government	NOUN
fbem-31960	171	10	subsidies	subsidy	NOUN
fbem-31960	171	11	prior	prior	ADV
fbem-31960	171	12	to	to	ADP
fbem-31960	171	13	2022	2022	NUM
fbem-31960	171	14	.	.	PUNCT
fbem-31960	172	1	although	although	SCONJ
fbem-31960	172	2	the	the	DET
fbem-31960	172	3	company	company	NOUN
fbem-31960	172	4	received	receive	VERB
fbem-31960	172	5	10.438	10.438	NUM
fbem-31960	172	6	billion	billion	NUM
fbem-31960	172	7	cny	cny	NOUN
fbem-31960	172	8	in	in	ADP
fbem-31960	172	9	financial	financial	ADJ
fbem-31960	172	10	subsidies	subsidy	NOUN
fbem-31960	172	11	in	in	ADP
fbem-31960	172	12	2022	2022	NUM
fbem-31960	172	13	,	,	PUNCT
fbem-31960	172	14	it	it	PRON
fbem-31960	172	15	also	also	ADV
fbem-31960	172	16	achieved	achieve	VERB
fbem-31960	172	17	high	high	ADJ
fbem-31960	172	18	profits	profit	NOUN
fbem-31960	172	19	that	that	DET
fbem-31960	172	20	year	year	NOUN
fbem-31960	172	21	,	,	PUNCT
fbem-31960	172	22	indicating	indicate	VERB
fbem-31960	172	23	a	a	DET
fbem-31960	172	24	decreasing	decrease	VERB
fbem-31960	172	25	dependence	dependence	NOUN
fbem-31960	172	26	on	on	ADP
fbem-31960	172	27	government	government	NOUN
fbem-31960	172	28	support	support	NOUN
fbem-31960	172	29	.	.	PUNCT
fbem-31960	173	1	as	as	SCONJ
fbem-31960	173	2	2022	2022	NUM
fbem-31960	173	3	marked	mark	VERB
fbem-31960	173	4	the	the	DET
fbem-31960	173	5	final	final	ADJ
fbem-31960	173	6	year	year	NOUN
fbem-31960	173	7	of	of	ADP
fbem-31960	173	8	new	new	ADJ
fbem-31960	173	9	energy	energy	NOUN
fbem-31960	173	10	vehicle	vehicle	NOUN
fbem-31960	173	11	subsidies	subsidy	NOUN
fbem-31960	173	12	,	,	PUNCT
fbem-31960	173	13	the	the	DET
fbem-31960	173	14	discontinuation	discontinuation	NOUN
fbem-31960	173	15	of	of	ADP
fbem-31960	173	16	such	such	ADJ
fbem-31960	173	17	subsidies	subsidy	NOUN
fbem-31960	173	18	is	be	AUX
fbem-31960	173	19	expected	expect	VERB
fbem-31960	173	20	to	to	PART
fbem-31960	173	21	impact	impact	VERB
fbem-31960	173	22	byd	byd	PROPN
fbem-31960	173	23	's	's	PART
fbem-31960	173	24	profitability	profitability	NOUN
fbem-31960	173	25	to	to	ADP
fbem-31960	173	26	some	some	DET
fbem-31960	173	27	extent	extent	NOUN
fbem-31960	173	28	in	in	ADP
fbem-31960	173	29	the	the	DET
fbem-31960	173	30	future	future	NOUN
fbem-31960	173	31	.	.	PUNCT
fbem-31960	174	1	8	8	X
fbem-31960	174	2	.	.	PUNCT
fbem-31960	174	3	suggestions	suggestion	NOUN
fbem-31960	174	4	8.1	8.1	NUM
fbem-31960	174	5	.	.	PUNCT
fbem-31960	175	1	enhancing	enhance	VERB
fbem-31960	175	2	solvency	solvency	NOUN
fbem-31960	175	3	and	and	CCONJ
fbem-31960	175	4	optimizing	optimize	VERB
fbem-31960	175	5	asset	asset	NOUN
fbem-31960	175	6	structure	structure	NOUN
fbem-31960	175	7	byd	byd	PROPN
fbem-31960	175	8	's	's	PART
fbem-31960	175	9	initial	initial	ADJ
fbem-31960	175	10	strategic	strategic	ADJ
fbem-31960	175	11	approach	approach	NOUN
fbem-31960	175	12	was	be	AUX
fbem-31960	175	13	to	to	PART
fbem-31960	175	14	"	"	PUNCT
fbem-31960	175	15	prioritize	prioritize	VERB
fbem-31960	175	16	scale	scale	NOUN
fbem-31960	175	17	before	before	ADP
fbem-31960	175	18	profitability	profitability	NOUN
fbem-31960	175	19	.	.	PUNCT
fbem-31960	175	20	"	"	PUNCT
fbem-31960	176	1	now	now	ADV
fbem-31960	176	2	that	that	SCONJ
fbem-31960	176	3	it	it	PRON
fbem-31960	176	4	has	have	AUX
fbem-31960	176	5	achieved	achieve	VERB
fbem-31960	176	6	a	a	DET
fbem-31960	176	7	massive	massive	ADJ
fbem-31960	176	8	scale	scale	NOUN
fbem-31960	176	9	,	,	PUNCT
fbem-31960	176	10	the	the	DET
fbem-31960	176	11	company	company	NOUN
fbem-31960	176	12	should	should	AUX
fbem-31960	176	13	temporarily	temporarily	ADV
fbem-31960	176	14	slow	slow	VERB
fbem-31960	176	15	its	its	PRON
fbem-31960	176	16	expansion	expansion	NOUN
fbem-31960	176	17	policies	policy	NOUN
fbem-31960	176	18	and	and	CCONJ
fbem-31960	176	19	reduce	reduce	VERB
fbem-31960	176	20	its	its	PRON
fbem-31960	176	21	operational	operational	ADJ
fbem-31960	176	22	liabilities	liability	NOUN
fbem-31960	176	23	.	.	PUNCT
fbem-31960	177	1	at	at	ADP
fbem-31960	177	2	the	the	DET
fbem-31960	177	3	same	same	ADJ
fbem-31960	177	4	time	time	NOUN
fbem-31960	177	5	,	,	PUNCT
fbem-31960	177	6	it	it	PRON
fbem-31960	177	7	should	should	AUX
fbem-31960	177	8	diversify	diversify	VERB
fbem-31960	177	9	its	its	PRON
fbem-31960	177	10	financing	financing	NOUN
fbem-31960	177	11	sources	source	NOUN
fbem-31960	177	12	instead	instead	ADV
fbem-31960	177	13	of	of	ADP
fbem-31960	177	14	focusing	focus	VERB
fbem-31960	177	15	solely	solely	ADV
fbem-31960	177	16	on	on	ADP
fbem-31960	177	17	borrowing	borrowing	NOUN
fbem-31960	177	18	.	.	PUNCT
fbem-31960	178	1	alternatives	alternative	NOUN
fbem-31960	178	2	such	such	ADJ
fbem-31960	178	3	as	as	ADP
fbem-31960	178	4	issuing	issue	VERB
fbem-31960	178	5	bonds	bond	NOUN
fbem-31960	178	6	or	or	CCONJ
fbem-31960	178	7	bringing	bring	VERB
fbem-31960	178	8	in	in	ADP
fbem-31960	178	9	investors	investor	NOUN
fbem-31960	178	10	could	could	AUX
fbem-31960	178	11	help	help	VERB
fbem-31960	178	12	lower	lower	VERB
fbem-31960	178	13	financial	financial	ADJ
fbem-31960	178	14	costs	cost	NOUN
fbem-31960	178	15	.	.	PUNCT
fbem-31960	179	1	these	these	DET
fbem-31960	179	2	steps	step	NOUN
fbem-31960	179	3	would	would	AUX
fbem-31960	179	4	reduce	reduce	VERB
fbem-31960	179	5	debt	debt	NOUN
fbem-31960	179	6	pressure	pressure	NOUN
fbem-31960	179	7	and	and	CCONJ
fbem-31960	179	8	minimize	minimize	VERB
fbem-31960	179	9	the	the	DET
fbem-31960	179	10	risk	risk	NOUN
fbem-31960	179	11	of	of	ADP
fbem-31960	179	12	financial	financial	ADJ
fbem-31960	179	13	distress	distress	NOUN
fbem-31960	179	14	.	.	PUNCT
fbem-31960	180	1	moreover	moreover	ADV
fbem-31960	180	2	,	,	PUNCT
fbem-31960	180	3	byd	byd	PROPN
fbem-31960	180	4	’s	’s	PART
fbem-31960	180	5	persistently	persistently	ADV
fbem-31960	180	6	high	high	ADJ
fbem-31960	180	7	debt	debt	NOUN
fbem-31960	180	8	-	-	PUNCT
fbem-31960	180	9	toasset	toasset	NOUN
fbem-31960	180	10	ratio	ratio	NOUN
fbem-31960	180	11	indicates	indicate	VERB
fbem-31960	180	12	a	a	DET
fbem-31960	180	13	clear	clear	ADJ
fbem-31960	180	14	need	need	NOUN
fbem-31960	180	15	to	to	PART
fbem-31960	180	16	optimize	optimize	VERB
fbem-31960	180	17	its	its	PRON
fbem-31960	180	18	asset	asset	NOUN
fbem-31960	180	19	structure	structure	NOUN
fbem-31960	180	20	.	.	PUNCT
fbem-31960	181	1	8.2	8.2	NUM
fbem-31960	181	2	.	.	PUNCT
fbem-31960	182	1	reducing	reduce	VERB
fbem-31960	182	2	inventory	inventory	NOUN
fbem-31960	182	3	backlog	backlog	NOUN
fbem-31960	182	4	and	and	CCONJ
fbem-31960	182	5	accelerating	accelerate	VERB
fbem-31960	182	6	inventory	inventory	NOUN
fbem-31960	182	7	turnover	turnover	NOUN
fbem-31960	182	8	inventory	inventory	NOUN
fbem-31960	182	9	backlog	backlog	NOUN
fbem-31960	182	10	not	not	PART
fbem-31960	182	11	only	only	ADV
fbem-31960	182	12	affects	affect	VERB
fbem-31960	182	13	solvency	solvency	NOUN
fbem-31960	182	14	but	but	CCONJ
fbem-31960	182	15	also	also	ADV
fbem-31960	182	16	impairs	impair	VERB
fbem-31960	182	17	operational	operational	ADJ
fbem-31960	182	18	capabilities	capability	NOUN
fbem-31960	182	19	.	.	PUNCT
fbem-31960	183	1	therefore	therefore	ADV
fbem-31960	183	2	,	,	PUNCT
fbem-31960	183	3	one	one	NUM
fbem-31960	183	4	of	of	ADP
fbem-31960	183	5	the	the	DET
fbem-31960	183	6	key	key	ADJ
fbem-31960	183	7	objectives	objective	NOUN
fbem-31960	183	8	is	be	AUX
fbem-31960	183	9	to	to	PART
fbem-31960	183	10	sell	sell	VERB
fbem-31960	183	11	accumulated	accumulate	VERB
fbem-31960	183	12	products	product	NOUN
fbem-31960	183	13	as	as	ADV
fbem-31960	183	14	soon	soon	ADV
fbem-31960	183	15	as	as	ADP
fbem-31960	183	16	possible	possible	ADJ
fbem-31960	183	17	:	:	PUNCT
fbem-31960	183	18	firstly	firstly	ADV
fbem-31960	183	19	,	,	PUNCT
fbem-31960	183	20	although	although	SCONJ
fbem-31960	183	21	byd	byd	PROPN
fbem-31960	183	22	's	's	PART
fbem-31960	183	23	products	product	NOUN
fbem-31960	183	24	are	be	AUX
fbem-31960	183	25	competitive	competitive	ADJ
fbem-31960	183	26	in	in	ADP
fbem-31960	183	27	terms	term	NOUN
fbem-31960	183	28	of	of	ADP
fbem-31960	183	29	quality	quality	NOUN
fbem-31960	183	30	and	and	CCONJ
fbem-31960	183	31	pricing	pricing	NOUN
fbem-31960	183	32	,	,	PUNCT
fbem-31960	183	33	its	its	PRON
fbem-31960	183	34	brand	brand	NOUN
fbem-31960	183	35	influence	influence	NOUN
fbem-31960	183	36	remains	remain	VERB
fbem-31960	183	37	relatively	relatively	ADV
fbem-31960	183	38	weak	weak	ADJ
fbem-31960	183	39	.	.	PUNCT
fbem-31960	184	1	the	the	DET
fbem-31960	184	2	company	company	NOUN
fbem-31960	184	3	should	should	AUX
fbem-31960	184	4	focus	focus	VERB
fbem-31960	184	5	on	on	ADP
fbem-31960	184	6	building	build	VERB
fbem-31960	184	7	a	a	DET
fbem-31960	184	8	stronger	strong	ADJ
fbem-31960	184	9	brand	brand	NOUN
fbem-31960	184	10	image	image	NOUN
fbem-31960	184	11	and	and	CCONJ
fbem-31960	184	12	solidifying	solidify	VERB
fbem-31960	184	13	its	its	PRON
fbem-31960	184	14	brand	brand	NOUN
fbem-31960	184	15	foundation	foundation	NOUN
fbem-31960	184	16	.	.	PUNCT
fbem-31960	185	1	secondly	secondly	ADV
fbem-31960	185	2	,	,	PUNCT
fbem-31960	185	3	it	it	PRON
fbem-31960	185	4	is	be	AUX
fbem-31960	185	5	crucial	crucial	ADJ
fbem-31960	185	6	to	to	PART
fbem-31960	185	7	actively	actively	ADV
fbem-31960	185	8	conduct	conduct	VERB
fbem-31960	185	9	market	market	NOUN
fbem-31960	185	10	research	research	NOUN
fbem-31960	185	11	to	to	PART
fbem-31960	185	12	gain	gain	VERB
fbem-31960	185	13	deeper	deep	ADJ
fbem-31960	185	14	insights	insight	NOUN
fbem-31960	185	15	into	into	ADP
fbem-31960	185	16	customer	customer	NOUN
fbem-31960	185	17	preferences	preference	NOUN
fbem-31960	185	18	and	and	CCONJ
fbem-31960	185	19	demands	demand	NOUN
fbem-31960	185	20	.	.	PUNCT
fbem-31960	186	1	at	at	ADP
fbem-31960	186	2	the	the	DET
fbem-31960	186	3	same	same	ADJ
fbem-31960	186	4	time	time	NOUN
fbem-31960	186	5	,	,	PUNCT
fbem-31960	186	6	product	product	NOUN
fbem-31960	186	7	quality	quality	NOUN
fbem-31960	186	8	should	should	AUX
fbem-31960	186	9	not	not	PART
fbem-31960	186	10	be	be	AUX
fbem-31960	186	11	overlooked	overlook	VERB
fbem-31960	186	12	,	,	PUNCT
fbem-31960	186	13	as	as	SCONJ
fbem-31960	186	14	it	it	PRON
fbem-31960	186	15	plays	play	VERB
fbem-31960	186	16	a	a	DET
fbem-31960	186	17	vital	vital	ADJ
fbem-31960	186	18	role	role	NOUN
fbem-31960	186	19	in	in	ADP
fbem-31960	186	20	enhancing	enhance	VERB
fbem-31960	186	21	customer	customer	NOUN
fbem-31960	186	22	loyalty	loyalty	NOUN
fbem-31960	186	23	.	.	PUNCT
fbem-31960	187	1	finally	finally	ADV
fbem-31960	187	2	,	,	PUNCT
fbem-31960	187	3	understanding	understand	VERB
fbem-31960	187	4	both	both	CCONJ
fbem-31960	187	5	the	the	DET
fbem-31960	187	6	market	market	NOUN
fbem-31960	187	7	and	and	CCONJ
fbem-31960	187	8	competitors	competitor	NOUN
fbem-31960	187	9	is	be	AUX
fbem-31960	187	10	essential	essential	ADJ
fbem-31960	187	11	for	for	ADP
fbem-31960	187	12	success	success	NOUN
fbem-31960	187	13	.	.	PUNCT
fbem-31960	188	1	while	while	SCONJ
fbem-31960	188	2	learning	learn	VERB
fbem-31960	188	3	about	about	ADP
fbem-31960	188	4	customers	customer	NOUN
fbem-31960	188	5	,	,	PUNCT
fbem-31960	188	6	byd	byd	PROPN
fbem-31960	188	7	must	must	AUX
fbem-31960	188	8	also	also	ADV
fbem-31960	188	9	closely	closely	ADV
fbem-31960	188	10	monitor	monitor	VERB
fbem-31960	188	11	competitors	competitor	NOUN
fbem-31960	188	12	'	'	PART
fbem-31960	188	13	moves	move	NOUN
fbem-31960	188	14	,	,	PUNCT
fbem-31960	188	15	stay	stay	VERB
fbem-31960	188	16	sensitive	sensitive	ADJ
fbem-31960	188	17	to	to	ADP
fbem-31960	188	18	market	market	NOUN
fbem-31960	188	19	trends	trend	NOUN
fbem-31960	188	20	,	,	PUNCT
fbem-31960	188	21	and	and	CCONJ
fbem-31960	188	22	promptly	promptly	ADV
fbem-31960	188	23	respond	respond	VERB
fbem-31960	188	24	to	to	ADP
fbem-31960	188	25	any	any	DET
fbem-31960	188	26	changes	change	NOUN
fbem-31960	188	27	.	.	PUNCT
fbem-31960	189	1	by	by	ADP
fbem-31960	189	2	adapting	adapt	VERB
fbem-31960	189	3	appropriately	appropriately	ADV
fbem-31960	189	4	while	while	SCONJ
fbem-31960	189	5	maintaining	maintain	VERB
fbem-31960	189	6	its	its	PRON
fbem-31960	189	7	unique	unique	ADJ
fbem-31960	189	8	characteristics	characteristic	NOUN
fbem-31960	189	9	,	,	PUNCT
fbem-31960	189	10	the	the	DET
fbem-31960	189	11	company	company	NOUN
fbem-31960	189	12	can	can	AUX
fbem-31960	189	13	strengthen	strengthen	VERB
fbem-31960	189	14	its	its	PRON
fbem-31960	189	15	market	market	NOUN
fbem-31960	189	16	position	position	NOUN
fbem-31960	189	17	.	.	PUNCT
fbem-31960	190	1	8.3	8.3	NUM
fbem-31960	190	2	.	.	PUNCT
fbem-31960	190	3	controlling	control	VERB
fbem-31960	190	4	labor	labor	NOUN
fbem-31960	190	5	costs	cost	NOUN
fbem-31960	190	6	and	and	CCONJ
fbem-31960	190	7	reducing	reduce	VERB
fbem-31960	190	8	reliance	reliance	NOUN
fbem-31960	190	9	on	on	ADP
fbem-31960	190	10	government	government	NOUN
fbem-31960	190	11	subsidies	subsidy	NOUN
fbem-31960	190	12	byd	byd	PROPN
fbem-31960	190	13	has	have	AUX
fbem-31960	190	14	mastered	master	VERB
fbem-31960	190	15	core	core	NOUN
fbem-31960	190	16	technologies	technology	NOUN
fbem-31960	190	17	and	and	CCONJ
fbem-31960	190	18	possesses	possess	VERB
fbem-31960	190	19	its	its	PRON
fbem-31960	190	20	own	own	ADJ
fbem-31960	190	21	upstream	upstream	ADJ
fbem-31960	190	22	resources	resource	NOUN
fbem-31960	190	23	,	,	PUNCT
fbem-31960	190	24	which	which	PRON
fbem-31960	190	25	has	have	AUX
fbem-31960	190	26	helped	help	VERB
fbem-31960	190	27	reduce	reduce	VERB
fbem-31960	190	28	costs	cost	NOUN
fbem-31960	190	29	to	to	ADP
fbem-31960	190	30	some	some	DET
fbem-31960	190	31	extent	extent	NOUN
fbem-31960	190	32	.	.	PUNCT
fbem-31960	191	1	however	however	ADV
fbem-31960	191	2	,	,	PUNCT
fbem-31960	191	3	its	its	PRON
fbem-31960	191	4	labor	labor	NOUN
fbem-31960	191	5	costs	cost	NOUN
fbem-31960	191	6	have	have	AUX
fbem-31960	191	7	continued	continue	VERB
fbem-31960	191	8	to	to	PART
fbem-31960	191	9	rise	rise	VERB
fbem-31960	191	10	without	without	ADP
fbem-31960	191	11	decline	decline	NOUN
fbem-31960	191	12	,	,	PUNCT
fbem-31960	191	13	negatively	negatively	ADV
fbem-31960	191	14	impacting	impact	VERB
fbem-31960	191	15	the	the	DET
fbem-31960	191	16	company	company	NOUN
fbem-31960	191	17	's	's	PART
fbem-31960	191	18	profitability	profitability	NOUN
fbem-31960	191	19	.	.	PUNCT
fbem-31960	192	1	to	to	PART
fbem-31960	192	2	address	address	VERB
fbem-31960	192	3	this	this	PRON
fbem-31960	192	4	,	,	PUNCT
fbem-31960	192	5	byd	byd	PROPN
fbem-31960	192	6	should	should	AUX
fbem-31960	192	7	invest	invest	VERB
fbem-31960	192	8	in	in	ADP
fbem-31960	192	9	intelligent	intelligent	ADJ
fbem-31960	192	10	equipment	equipment	NOUN
fbem-31960	192	11	to	to	PART
fbem-31960	192	12	reduce	reduce	VERB
fbem-31960	192	13	the	the	DET
fbem-31960	192	14	number	number	NOUN
fbem-31960	192	15	of	of	ADP
fbem-31960	192	16	replaceable	replaceable	ADJ
fbem-31960	192	17	positions	position	NOUN
fbem-31960	192	18	and	and	CCONJ
fbem-31960	192	19	promote	promote	VERB
fbem-31960	192	20	the	the	DET
fbem-31960	192	21	adoption	adoption	NOUN
fbem-31960	192	22	of	of	ADP
fbem-31960	192	23	artificial	artificial	ADJ
fbem-31960	192	24	intelligence	intelligence	NOUN
fbem-31960	192	25	.	.	PUNCT
fbem-31960	193	1	this	this	PRON
fbem-31960	193	2	would	would	AUX
fbem-31960	193	3	not	not	PART
fbem-31960	193	4	only	only	ADV
fbem-31960	193	5	cut	cut	VERB
fbem-31960	193	6	labor	labor	NOUN
fbem-31960	193	7	costs	cost	NOUN
fbem-31960	193	8	but	but	CCONJ
fbem-31960	193	9	also	also	ADV
fbem-31960	193	10	improve	improve	VERB
fbem-31960	193	11	work	work	NOUN
fbem-31960	193	12	efficiency	efficiency	NOUN
fbem-31960	193	13	.	.	PUNCT
fbem-31960	194	1	by	by	ADP
fbem-31960	194	2	doing	do	VERB
fbem-31960	194	3	so	so	ADV
fbem-31960	194	4	,	,	PUNCT
fbem-31960	194	5	byd	byd	PROPN
fbem-31960	194	6	can	can	AUX
fbem-31960	194	7	expand	expand	VERB
fbem-31960	194	8	its	its	PRON
fbem-31960	194	9	profit	profit	NOUN
fbem-31960	194	10	margin	margin	NOUN
fbem-31960	194	11	s	s	PART
fbem-31960	194	12	,	,	PUNCT
fbem-31960	194	13	ensuring	ensure	VERB
fbem-31960	194	14	that	that	SCONJ
fbem-31960	194	15	even	even	ADV
fbem-31960	194	16	without	without	ADP
fbem-31960	194	17	government	government	NOUN
fbem-31960	194	18	subsidies	subsidy	NOUN
fbem-31960	194	19	,	,	PUNCT
fbem-31960	194	20	the	the	DET
fbem-31960	194	21	company	company	NOUN
fbem-31960	194	22	can	can	AUX
fbem-31960	194	23	generate	generate	VERB
fbem-31960	194	24	higher	high	ADJ
fbem-31960	194	25	profits	profit	NOUN
fbem-31960	194	26	in	in	ADP
fbem-31960	194	27	the	the	DET
fbem-31960	194	28	future	future	NOUN
fbem-31960	194	29	.	.	PUNCT
fbem-31960	195	1	references	reference	NOUN
fbem-31960	195	2	[	[	X
fbem-31960	195	3	1	1	NUM
fbem-31960	195	4	]	]	X
fbem-31960	195	5	stewart	stewart	PROPN
fbem-31960	195	6	c	c	PROPN
fbem-31960	195	7	myers	myers	PROPN
fbem-31960	195	8	,	,	PUNCT
fbem-31960	195	9	stuart	stuart	PROPN
fbem-31960	195	10	m	m	PROPN
fbem-31960	195	11	turnbull	turnbull	PROPN
fbem-31960	195	12	.	.	PUNCT
fbem-31960	196	1	capital	capital	NOUN
fbem-31960	196	2	budgeting	budgeting	PROPN
fbem-31960	196	3	and	and	CCONJ
fbem-31960	196	4	the	the	DET
fbem-31960	196	5	capital	capital	NOUN
fbem-31960	196	6	asset	asset	NOUN
fbem-31960	196	7	pricing	pricing	NOUN
fbem-31960	196	8	model	model	NOUN
fbem-31960	196	9	:	:	PUNCT
fbem-31960	196	10	good	good	ADJ
fbem-31960	196	11	news	news	NOUN
fbem-31960	196	12	and	and	CCONJ
fbem-31960	196	13	bad	bad	ADJ
fbem-31960	196	14	news	news	NOUN
fbem-31960	197	1	[	[	X
fbem-31960	197	2	j	j	X
fbem-31960	197	3	]	]	X
fbem-31960	197	4	.	.	PUNCT
fbem-31960	198	1	the	the	DET
fbem-31960	198	2	journal	journal	PROPN
fbem-31960	198	3	of	of	ADP
fbem-31960	198	4	finance	finance	NOUN
fbem-31960	198	5	,	,	PUNCT
fbem-31960	198	6	1977	1977	NUM
fbem-31960	198	7	,	,	PUNCT
fbem-31960	198	8	(	(	PUNCT
fbem-31960	198	9	2):321	2):321	NUM
fbem-31960	198	10	-	-	PUNCT
fbem-31960	198	11	333	333	NUM
fbem-31960	198	12	.	.	PUNCT
fbem-31960	199	1	[	[	X
fbem-31960	199	2	2	2	NUM
fbem-31960	199	3	]	]	X
fbem-31960	199	4	kim	kim	PROPN
fbem-31960	199	5	,	,	PUNCT
fbem-31960	199	6	hiangliow	hiangliow	PROPN
fbem-31960	199	7	.	.	PROPN
fbem-31960	199	8	firm	firm	ADJ
fbem-31960	199	9	value	value	NOUN
fbem-31960	199	10	,	,	PUNCT
fbem-31960	199	11	growth	growth	NOUN
fbem-31960	199	12	,	,	PUNCT
fbem-31960	199	13	profitability	profitability	NOUN
fbem-31960	199	14	and	and	CCONJ
fbem-31960	199	15	capital	capital	NOUN
fbem-31960	199	16	and	and	CCONJ
fbem-31960	199	17	structure	structure	NOUN
fbem-31960	199	18	of	of	ADP
fbem-31960	199	19	listed	list	VERB
fbem-31960	199	20	real	real	ADJ
fbem-31960	199	21	estate	estate	NOUN
fbem-31960	199	22	companies	company	NOUN
fbem-31960	199	23	an	an	DET
fbem-31960	199	24	international	international	ADJ
fbem-31960	199	25	perspective	perspective	NOUN
fbem-31960	200	1	[	[	X
fbem-31960	200	2	j	j	X
fbem-31960	200	3	]	]	X
fbem-31960	200	4	.	.	PUNCT
fbem-31960	201	1	journal	journal	PROPN
fbem-31960	201	2	of	of	ADP
fbem-31960	201	3	property	property	NOUN
fbem-31960	201	4	research	research	NOUN
fbem-31960	201	5	,	,	PUNCT
fbem-31960	201	6	2011	2011	NUM
fbem-31960	201	7	,	,	PUNCT
fbem-31960	201	8	(	(	PUNCT
fbem-31960	201	9	16):l-3	16):l-3	NUM
fbem-31960	201	10	.	.	PUNCT
fbem-31960	202	1	[	[	X
fbem-31960	202	2	3	3	X
fbem-31960	202	3	]	]	PUNCT
fbem-31960	202	4	darush	darush	NOUN
fbem-31960	202	5	yazdanfar	yazdanfar	ADV
fbem-31960	202	6	,	,	PUNCT
fbem-31960	202	7	a.	a.	PROPN
fbem-31960	202	8	khalik	khalik	PROPN
fbem-31960	202	9	salman	salman	PROPN
fbem-31960	202	10	.	.	PUNCT
fbem-31960	203	1	the	the	DET
fbem-31960	203	2	life	life	NOUN
fbem-31960	203	3	cycle	cycle	NOUN
fbem-31960	203	4	of	of	ADP
fbem-31960	203	5	growth	growth	NOUN
fbem-31960	203	6	path	path	NOUN
fbem-31960	203	7	among	among	ADP
fbem-31960	203	8	micro	micro	ADJ
fbem-31960	203	9	firms	firm	NOUN
fbem-31960	203	10	:	:	PUNCT
fbem-31960	203	11	swedish	swedish	ADJ
fbem-31960	203	12	data	datum	NOUN
fbem-31960	204	1	[	[	X
fbem-31960	204	2	j	j	X
fbem-31960	204	3	]	]	X
fbem-31960	204	4	.	.	PUNCT
fbem-31960	205	1	international	international	ADJ
fbem-31960	205	2	business	business	NOUN
fbem-31960	205	3	research	research	NOUN
fbem-31960	205	4	,	,	PUNCT
fbem-31960	205	5	2012	2012	NUM
fbem-31960	205	6	,	,	PUNCT
fbem-31960	205	7	(	(	PUNCT
fbem-31960	205	8	5):107	5):107	NUM
fbem-31960	205	9	-	-	SYM
fbem-31960	205	10	114	114	NUM
fbem-31960	205	11	.	.	PUNCT
fbem-31960	206	1	[	[	X
fbem-31960	206	2	4	4	X
fbem-31960	206	3	]	]	X
fbem-31960	206	4	andrews	andrews	PROPN
fbem-31960	206	5	serres	serres	PROPN
fbem-31960	206	6	a.	a.	PROPN
fbem-31960	206	7	intangible	intangible	ADJ
fbem-31960	206	8	assets	asset	NOUN
fbem-31960	206	9	,	,	PUNCT
fbem-31960	206	10	resource	resource	NOUN
fbem-31960	206	11	allocation	allocation	NOUN
fbem-31960	206	12	and	and	CCONJ
fbem-31960	206	13	growth	growth	NOUN
fbem-31960	206	14	:	:	PUNCT
fbem-31960	206	15	a	a	DET
fbem-31960	206	16	framework	framework	NOUN
fbem-31960	206	17	foranalysis	foranalysis	NOUN
fbem-31960	207	1	[	[	X
fbem-31960	207	2	r	r	X
fbem-31960	207	3	]	]	PUNCT
fbem-31960	207	4	.	.	PUNCT
fbem-31960	208	1	oecd	oecd	PROPN
fbem-31960	208	2	publishin	publishin	PROPN
fbem-31960	208	3	,	,	PUNCT
fbem-31960	208	4	2012	2012	NUM
fbem-31960	208	5	.	.	PUNCT
fbem-31960	209	1	[	[	X
fbem-31960	209	2	5	5	X
fbem-31960	209	3	]	]	X
fbem-31960	209	4	elena	elena	PROPN
fbem-31960	209	5	cefisa	cefisa	PROPN
fbem-31960	209	6	,	,	PUNCT
fbem-31960	209	7	matteo	matteo	PROPN
fbem-31960	209	8	cicearelli	cicearelli	PROPN
fbem-31960	209	9	,	,	PUNCT
fbem-31960	209	10	luigi	luigi	PROPN
fbem-31960	209	11	orsenigo	orsenigo	PROPN
fbem-31960	209	12	.	.	PUNCT
fbem-31960	210	1	testing	testing	NOUN
fbem-31960	210	2	,	,	PUNCT
fbem-31960	210	3	gibrat`s	gibrat`s	NOUN
fbem-31960	210	4	legacy	legacy	NOUN
fbem-31960	210	5	:	:	PUNCT
fbem-31960	210	6	a	a	DET
fbem-31960	210	7	bayesian	bayesian	NOUN
fbem-31960	210	8	approach	approach	NOUN
fbem-31960	210	9	to	to	PART
fbem-31960	210	10	study	study	VERB
fbem-31960	210	11	the	the	DET
fbem-31960	210	12	growth	growth	NOUN
fbem-31960	210	13	of	of	ADP
fbem-31960	210	14	firms	firm	NOUN
fbem-31960	210	15	[	[	X
fbem-31960	210	16	j	j	X
fbem-31960	210	17	]	]	X
fbem-31960	210	18	.	.	PUNCT
fbem-31960	211	1	structural	structural	ADJ
fbem-31960	211	2	change	change	NOUN
fbem-31960	211	3	and	and	CCONJ
fbem-31960	211	4	economic	economic	ADJ
fbem-31960	211	5	dynamics	dynamic	NOUN
fbem-31960	211	6	,	,	PUNCT
fbem-31960	211	7	2007	2007	NUM
fbem-31960	211	8	,	,	PUNCT
fbem-31960	211	9	(	(	PUNCT
fbem-31960	211	10	18):348	18):348	NUM
fbem-31960	211	11	-	-	PUNCT
fbem-31960	211	12	369	369	NUM
fbem-31960	211	13	.	.	PUNCT
fbem-31960	212	1	[	[	X
fbem-31960	212	2	6	6	NUM
fbem-31960	212	3	]	]	PUNCT
fbem-31960	212	4	xia	xia	PROPN
fbem-31960	212	5	ying	ying	PROPN
fbem-31960	212	6	.	.	PUNCT
fbem-31960	213	1	research	research	NOUN
fbem-31960	213	2	on	on	ADP
fbem-31960	213	3	improvement	improvement	NOUN
fbem-31960	213	4	of	of	ADP
fbem-31960	213	5	gem	gem	NOUN
fbem-31960	213	6	listed	list	VERB
fbem-31960	213	7	companies	company	NOUN
fbem-31960	213	8	performance	performance	NOUN
fbem-31960	213	9	[	[	X
fbem-31960	213	10	j	j	X
fbem-31960	213	11	]	]	X
fbem-31960	213	12	.	.	PUNCT
fbem-31960	214	1	international	international	ADJ
fbem-31960	214	2	conference	conference	NOUN
fbem-31960	214	3	on	on	ADP
fbem-31960	214	4	applied	apply	VERB
fbem-31960	214	5	social	social	ADJ
fbem-31960	214	6	science	science	NOUN
fbem-31960	214	7	research	research	NOUN
fbem-31960	214	8	,	,	PUNCT
fbem-31960	214	9	2013	2013	NUM
fbem-31960	214	10	,	,	PUNCT
fbem-31960	214	11	(	(	PUNCT
fbem-31960	214	12	7):304	7):304	NOUN
fbem-31960	214	13	-	-	PUNCT
fbem-31960	214	14	306	306	NUM
fbem-31960	214	15	.	.	PUNCT
fbem-31960	215	1	[	[	X
fbem-31960	215	2	7	7	X
fbem-31960	215	3	]	]	X
fbem-31960	215	4	jordan	jordan	PROPN
fbem-31960	215	5	,	,	PUNCT
fbem-31960	215	6	lowe	lowe	PROPN
fbem-31960	215	7	and	and	CCONJ
fbem-31960	215	8	taylor	taylor	PROPN
fbem-31960	215	9	.	.	PUNCT
fbem-31960	215	10	strategy	strategy	NOUN
fbem-31960	215	11	and	and	CCONJ
fbem-31960	215	12	financial	financial	ADJ
fbem-31960	215	13	policy	policy	NOUN
fbem-31960	215	14	in	in	ADP
fbem-31960	215	15	uk	uk	PROPN
fbem-31960	215	16	small	small	ADJ
fbem-31960	215	17	firms	firm	NOUN
fbem-31960	216	1	[	[	X
fbem-31960	216	2	j	j	X
fbem-31960	216	3	]	]	X
fbem-31960	216	4	.	.	PUNCT
fbem-31960	217	1	journal	journal	PROPN
fbem-31960	217	2	of	of	ADP
fbem-31960	217	3	business	business	NOUN
fbem-31960	217	4	finance	finance	NOUN
fbem-31960	217	5	andaccounting	andaccounting	NOUN
fbem-31960	217	6	,	,	PUNCT
fbem-31960	217	7	2010	2010	NUM
fbem-31960	217	8	,	,	PUNCT
fbem-31960	217	9	(	(	PUNCT
fbem-31960	217	10	25):168	25):168	NUM
fbem-31960	217	11	-	-	PUNCT
fbem-31960	217	12	172.r	172.r	VERB
fbem-31960	217	13	.	.	PUNCT
fbem-31960	218	1	w.	w.	PROPN
fbem-31960	218	2	lucky	lucky	PROPN
fbem-31960	218	3	,	,	PUNCT
fbem-31960	218	4	"	"	PUNCT
fbem-31960	218	5	automatic	automatic	ADJ
fbem-31960	218	6	equalization	equalization	NOUN
fbem-31960	218	7	for	for	ADP
fbem-31960	218	8	digital	digital	ADJ
fbem-31960	218	9	communication	communication	NOUN
fbem-31960	218	10	,	,	PUNCT
fbem-31960	218	11	"	"	PUNCT
fbem-31960	218	12	bell	bell	NOUN
fbem-31960	218	13	syst	syst	NOUN
fbem-31960	218	14	.	.	PUNCT
fbem-31960	219	1	tech	tech	PROPN
fbem-31960	219	2	.	.	PUNCT
fbem-31960	220	1	j.	j.	PROPN
fbem-31960	220	2	,	,	PUNCT
fbem-31960	220	3	vol	vol	NOUN
fbem-31960	220	4	.	.	PROPN
fbem-31960	220	5	44	44	NUM
fbem-31960	220	6	,	,	PUNCT
fbem-31960	220	7	no	no	INTJ
fbem-31960	220	8	.	.	NOUN
fbem-31960	220	9	4	4	NUM
fbem-31960	220	10	,	,	PUNCT
fbem-31960	220	11	pp	pp	ADJ
fbem-31960	220	12	.	.	PUNCT
fbem-31960	221	1	547–588	547–588	NUM
fbem-31960	221	2	,	,	PUNCT
fbem-31960	221	3	apr	apr	PROPN
fbem-31960	221	4	.	.	PUNCT
fbem-31960	221	5	1965	1965	NUM
fbem-31960	221	6	.	.	PUNCT
fbem-31960	222	1	[	[	X
fbem-31960	222	2	8	8	NUM
fbem-31960	222	3	]	]	X
fbem-31960	222	4	chen	chen	PROPN
fbem-31960	222	5	xiaohong	xiaohong	PROPN
fbem-31960	222	6	,	,	PUNCT
fbem-31960	222	7	zou	zou	PROPN
fbem-31960	222	8	xiangjuan	xiangjuan	PROPN
fbem-31960	222	9	,	,	PUNCT
fbem-31960	222	10	she	she	PRON
fbem-31960	222	11	jian	jian	PROPN
fbem-31960	222	12	.	.	PROPN
fbem-31960	223	1	validity	validity	NOUN
fbem-31960	223	2	study	study	NOUN
fbem-31960	223	3	on	on	ADP
fbem-31960	223	4	growth	growth	NOUN
fbem-31960	223	5	evaluation	evaluation	NOUN
fbem-31960	223	6	methods	method	NOUN
fbem-31960	223	7	for	for	ADP
fbem-31960	223	8	smes	sme	NOUN
fbem-31960	223	9	—	—	PUNCT
fbem-31960	223	10	empirical	empirical	ADJ
fbem-31960	223	11	evidence	evidence	NOUN
fbem-31960	223	12	from	from	ADP
fbem-31960	223	13	shanghai	shanghai	PROPN
fbem-31960	223	14	and	and	CCONJ
fbem-31960	223	15	shenzhen	shenzhen	PROPN
fbem-31960	223	16	stock	stock	PROPN
fbem-31960	223	17	markets	market	NOUN
fbem-31960	223	18	.	.	PUNCT
fbem-31960	224	1	modern	modern	ADJ
fbem-31960	224	2	economic	economic	ADJ
fbem-31960	224	3	science	science	NOUN
fbem-31960	224	4	,	,	PUNCT
fbem-31960	224	5	2005	2005	NUM
fbem-31960	224	6	,	,	PUNCT
fbem-31960	224	7	(	(	PUNCT
fbem-31960	224	8	5	5	NUM
fbem-31960	224	9	):	):	PUNCT
fbem-31960	224	10	70	70	NUM
fbem-31960	224	11	-	-	SYM
fbem-31960	224	12	75	75	NUM
fbem-31960	224	13	+	+	NOUN
fbem-31960	224	14	111	111	NUM
fbem-31960	224	15	.	.	PUNCT
fbem-31960	225	1	[	[	X
fbem-31960	225	2	9	9	NUM
fbem-31960	225	3	]	]	PUNCT
fbem-31960	225	4	cong	cong	NOUN
fbem-31960	225	5	peihua	peihua	NOUN
fbem-31960	225	6	.	.	PUNCT
fbem-31960	226	1	a	a	DET
fbem-31960	226	2	brief	brief	ADJ
fbem-31960	226	3	discussion	discussion	NOUN
fbem-31960	226	4	on	on	ADP
fbem-31960	226	5	corporate	corporate	ADJ
fbem-31960	226	6	growth	growth	NOUN
fbem-31960	226	7	and	and	CCONJ
fbem-31960	226	8	its	its	PRON
fbem-31960	226	9	financial	financial	ADJ
fbem-31960	226	10	evaluation	evaluation	NOUN
fbem-31960	226	11	methods	method	NOUN
fbem-31960	226	12	.	.	PUNCT
fbem-31960	227	1	research	research	NOUN
fbem-31960	227	2	on	on	ADP
fbem-31960	227	3	financial	financial	ADJ
fbem-31960	227	4	and	and	CCONJ
fbem-31960	227	5	accounting	accounting	NOUN
fbem-31960	227	6	,	,	PUNCT
fbem-31960	227	7	1997	1997	NUM
fbem-31960	227	8	,	,	PUNCT
fbem-31960	227	9	(	(	PUNCT
fbem-31960	227	10	9	9	NUM
fbem-31960	227	11	):	):	PUNCT
fbem-31960	227	12	25	25	NUM
fbem-31960	227	13	-	-	SYM
fbem-31960	227	14	26	26	NUM
fbem-31960	227	15	.	.	PUNCT
fbem-31960	228	1	[	[	X
fbem-31960	228	2	10	10	NUM
fbem-31960	228	3	]	]	X
fbem-31960	228	4	fan	fan	NOUN
fbem-31960	228	5	bainan	bainan	PROPN
fbem-31960	228	6	,	,	PUNCT
fbem-31960	228	7	shen	shen	PROPN
fbem-31960	228	8	rongfang	rongfang	PROPN
fbem-31960	228	9	,	,	PUNCT
fbem-31960	228	10	chen	chen	PROPN
fbem-31960	228	11	demian	demian	PROPN
fbem-31960	228	12	.	.	PUNCT
fbem-31960	229	1	research	research	NOUN
fbem-31960	229	2	on	on	ADP
fbem-31960	229	3	the	the	DET
fbem-31960	229	4	growth	growth	NOUN
fbem-31960	229	5	evaluation	evaluation	NOUN
fbem-31960	229	6	indicator	indicator	NOUN
fbem-31960	229	7	system	system	NOUN
fbem-31960	229	8	for	for	ADP
fbem-31960	229	9	venture	venture	NOUN
fbem-31960	229	10	enterprises	enterprise	NOUN
fbem-31960	229	11	in	in	ADP
fbem-31960	229	12	china	china	PROPN
fbem-31960	229	13	.	.	PUNCT
fbem-31960	230	1	science	science	PROPN
fbem-31960	230	2	research	research	NOUN
fbem-31960	230	3	management	management	NOUN
fbem-31960	230	4	,	,	PUNCT
fbem-31960	230	5	2001	2001	NUM
fbem-31960	230	6	,	,	PUNCT
fbem-31960	230	7	(	(	PUNCT
fbem-31960	230	8	1	1	NUM
fbem-31960	230	9	):	):	PUNCT
fbem-31960	230	10	112	112	NUM
fbem-31960	230	11	-	-	SYM
fbem-31960	230	12	117	117	NUM
fbem-31960	230	13	.	.	PUNCT
fbem-31960	231	1	[	[	X
fbem-31960	231	2	11	11	NUM
fbem-31960	231	3	]	]	X
fbem-31960	231	4	kang	kang	PROPN
fbem-31960	231	5	linjie	linjie	PROPN
fbem-31960	231	6	,	,	PUNCT
fbem-31960	231	7	cao	cao	PROPN
fbem-31960	231	8	zhaohui	zhaohui	PROPN
fbem-31960	231	9	.	.	PUNCT
fbem-31960	232	1	corporate	corporate	ADJ
fbem-31960	232	2	growth	growth	NOUN
fbem-31960	232	3	analysis	analysis	NOUN
fbem-31960	232	4	based	base	VERB
fbem-31960	232	5	on	on	ADP
fbem-31960	232	6	financial	financial	ADJ
fbem-31960	232	7	statements	statement	NOUN
fbem-31960	232	8	.	.	PUNCT
fbem-31960	233	1	economic	economic	ADJ
fbem-31960	233	2	forum	forum	PROPN
fbem-31960	233	3	,	,	PUNCT
fbem-31960	233	4	2020	2020	NUM
fbem-31960	233	5	,	,	PUNCT
fbem-31960	233	6	(	(	PUNCT
fbem-31960	233	7	11	11	NUM
fbem-31960	233	8	):	):	PUNCT
fbem-31960	233	9	113120	113120	NUM
fbem-31960	233	10	.	.	PUNCT
fbem-31960	234	1	[	[	X
fbem-31960	234	2	12	12	NUM
fbem-31960	234	3	]	]	PUNCT
fbem-31960	234	4	xu	xu	PROPN
fbem-31960	234	5	bo	bo	PROPN
fbem-31960	234	6	.	.	PUNCT
fbem-31960	235	1	an	an	DET
fbem-31960	235	2	empirical	empirical	ADJ
fbem-31960	235	3	study	study	NOUN
fbem-31960	235	4	on	on	ADP
fbem-31960	235	5	growth	growth	NOUN
fbem-31960	235	6	evaluation	evaluation	NOUN
fbem-31960	235	7	of	of	ADP
fbem-31960	235	8	listed	list	VERB
fbem-31960	235	9	companies	company	NOUN
fbem-31960	235	10	in	in	ADP
fbem-31960	235	11	the	the	DET
fbem-31960	235	12	logistics	logistic	NOUN
fbem-31960	235	13	industry	industry	NOUN
fbem-31960	235	14	.	.	PUNCT
fbem-31960	236	1	inner	inner	PROPN
fbem-31960	236	2	mongolia	mongolia	PROPN
fbem-31960	236	3	science	science	PROPN
fbem-31960	236	4	technology	technology	PROPN
fbem-31960	236	5	&	&	CCONJ
fbem-31960	236	6	economy	economy	NOUN
fbem-31960	236	7	,	,	PUNCT
fbem-31960	236	8	2022	2022	NUM
fbem-31960	236	9	,	,	PUNCT
fbem-31960	236	10	(	(	PUNCT
fbem-31960	236	11	8)	8)	NUM
fbem-31960	236	12	:	:	PUNCT
fbem-31960	236	13	81	81	NUM
fbem-31960	236	14	-	-	SYM
fbem-31960	236	15	82	82	NUM
fbem-31960	236	16	+	+	NOUN
fbem-31960	236	17	85	85	NUM
fbem-31960	236	18	.	.	PUNCT
fbem-31960	237	1	[	[	X
fbem-31960	237	2	13	13	NUM
fbem-31960	237	3	]	]	PUNCT
fbem-31960	237	4	he	he	PRON
fbem-31960	237	5	fengping	fengpe	VERB
fbem-31960	237	6	,	,	PUNCT
fbem-31960	237	7	zheng	zheng	PROPN
fbem-31960	237	8	shaofeng	shaofeng	PROPN
fbem-31960	237	9	,	,	PUNCT
fbem-31960	237	10	huo	huo	PROPN
fbem-31960	237	11	xuexi	xuexi	PROPN
fbem-31960	237	12	.	.	PUNCT
fbem-31960	238	1	comprehensiv	comprehensiv	PROPN
fbem-31960	238	2	e	e	PROPN
fbem-31960	238	3	evaluation	evaluation	NOUN
fbem-31960	238	4	of	of	ADP
fbem-31960	238	5	agricultural	agricultural	ADJ
fbem-31960	238	6	listed	list	VERB
fbem-31960	238	7	companies	company	NOUN
fbem-31960	238	8	'	'	PART
fbem-31960	238	9	growth	growth	NOUN
fbem-31960	238	10	based	base	VERB
fbem-31960	238	11	on	on	ADP
fbem-31960	238	12	time	time	NOUN
fbem-31960	238	13	-	-	PUNCT
fbem-31960	238	14	series	series	NOUN
fbem-31960	238	15	three	three	NUM
fbem-31960	238	16	-	-	PUNCT
fbem-31960	238	17	dimensional	dimensional	ADJ
fbem-31960	238	18	data	datum	NOUN
fbem-31960	238	19	table	table	NOUN
fbem-31960	238	20	.	.	PUNCT
fbem-31960	239	1	commercial	commercial	ADJ
fbem-31960	239	2	research	research	NOUN
fbem-31960	239	3	,	,	PUNCT
fbem-31960	239	4	2008	2008	NUM
fbem-31960	239	5	,	,	PUNCT
fbem-31960	239	6	(	(	PUNCT
fbem-31960	239	7	7	7	NUM
fbem-31960	239	8	):	):	PUNCT
fbem-31960	239	9	75	75	NUM
fbem-31960	239	10	-	-	SYM
fbem-31960	239	11	77	77	NUM
fbem-31960	239	12	.	.	PUNCT
