New Basle Capital Agreement and Risk Management of China＇s Banking Industry

Adjustment of Basle Capital Agreement will influence the risk management and capital arrangement demand of the banks with different scales, operation level and environment. It will have widespread and profound effect on the competition strength of every country＇s banks in the global market. Starting with illustration of the present cond（tion of risk management in China＇s banks, the paper analyzes the major problems existing in the risk management system of China＇s banking industry, then puts forward some clues and suggestions to improve and better the risk management system of China＇s banking industry.

Distribution Orientation and Driving Mechanism of Geographical Pattern Change of China′s Banking Industry

By analyzing the relationship among government, market driving forces, distribution orientation of banking industry, service opportunity equality and spatial patterns, this paper proposes that it is distribution orientation that lead to the formation and evolution of spatial pattern of banking industry. The difference of the distribution orientation leads to the separation of the spatial pattern of banking industry, and the change of the distribution orientation leads to the change of spatial pattern. The degree of spatial pattern change is subject to the degree of change of distribution orientation, and the scale of bank resources in the regions, which supports the distribution orientation variation. Based on these theoretical frameworks, some indicators were designed to analyze the pattern change of China′s banking industry and its effects since 1995 under the change of the distribution orientation. This paper finds that the orientation of economic benefit maximization driven by market causes the banking industry to concentrate in economically developed regions.The government, which does not follow the orientation of economic benefit maximization, plays a role of stabilizer. Since the bank branches in the regions with the greatest change in bank branch distribution are too few, and regions with the greatest change in bank loan allocation are the regions with lots of loans, the pattern change of the banking industry in physical form is not as notable as that in economic form.

The Impact of New Standard of Financial Instruments on Commercial Banks- A Case Study of Industrial and Commercial Bank of China

In July 2014,《International Financial Reporting Standard 9:Financial Instruments》(Referred to IFRS 9)was formally published. Compared to the former standard,《International Accounting Standard 39: Financial Instruments》(Referred to IAS 39), rules of two main aspects, the classification and measurement of financial assets and the impairment model of financial assets have been changed in IFRS 9. Taking ICBC as an example, this paper studies the impact of changes in financial instruments on commercial banks. The study shows three impacts on commercial banks’ financial report. Firstly, the changes of the classification and measurement of financial assets will have limited impacts on commercial banks. Secondly, the expected-loss model will significantly increase the loan loss reserves under the new standard, thus reducing the net asset and net profit. Thirdly, the change in the measurement way of the equity instruments of available-for-sale securities will increase the fluctuation of the net profit. This study shows investors and regulators the impact of the new standard of financial instruments on commercial banks.

Tapping excess capital in China’s banking system

Excessive liquidity seriously affects Chinese economy. Thus, various policy proposals have been submitted by some scholars. The author holds that whatever form it may take, reducing trade surplus would harm China’s economic development. On the other hand, it is difficult to boost domestic consumption by increasing the resident spending on food, clothing etc. In order to consolidate the policy of domestic demand, it is important to separate production and non-production investment and create better economic conditions by accelerating the development of non-production investment and increasing the supply of "housing, traveling and education" related consumption.

Performance of China's industrial textiles industry in the first three quarters in 2017

The present industrial textiles industry in China is centered on technical innovation and consumption upgrading,so as to intensify the strength in product development and innovation of technical processing equipment,enhance enterprise management,reduce cost and improve efficiency.After overcoming various adverse factors,the industry maintained stable growth in the first three quarters of 2017.According to the statistics of National Bureau of Statistics,

Leak Detection and Repair (LDAR) Standard Review for Self-Inspection and Management for VOC Emission in China’s Traditional Energy Chemical Industry

The emission of the traditional energy chemical industry accounts for 20% of the total manmade VOC emission in China, of which coal chemical and petrochemical plants are one of the most important VOC emission sources. VOC emission sources mainly include the leakage of oil refinery units and equipment, pipes and valves, respiration and leakage of various types of storage tanks, effusion of oils during loading and unloading, effusion of sewage treatment systems, all kinds of process tail gas, etc. In this paper, the current management status of VOC emission in China’s coal chemical industry and petrochemical industry are analyzed, which divides VOC management into intentional and fugitive emission. The Leak Detection and Repair (LDAR) management method and technology for equipment, pipes and valves implemented in the United States are studied to propose self-inspection management methods and measures for VOC emissions in the energy chemical industry, providing strategies and recommendations for energy conservation, emission reduction and cleaner production in the traditional energy chemical industry.

Strategies for Prioritizing Ecological Construction with Consideration of Agricultural Industry Development in Northern China’s Agro- pastoral Ecotone : A Perspective of Opportunity Cost

In northern China’s agro-pastoral ecotone,there are conflicts between agricultural industry and ecological construction resource competition,and also problems urgently to be solved for economic growth and sustainable ecological improvement.Taking the development concept of"lucid waters and lush mountains being mountains of gold and silver"as the guiding principle of prioritizing ecological and green development,this paper studied the strategies for prioritizing ecological construction with consideration of economic development of agricultural industry from the perspective of opportunity cost.Through the analysis of opportunity cost,externality,and Pareto optimal theory,and using the calculation method of the unit equivalent factor value of terrestrial ecological service function,this paper calculated the ecological service value of forest,grassland,and farmland.It found that the ecological value of forest and grassland per unit area was greater than the ecological value of agricultural industry.This indicates that the opportunity cost of farmland for ecological construction was less than that of agricultural industry.Based on the theoretical and quantitative analysis,it came up with recommendations for establishing a comprehensive system for prioritizing ecological construction with consideration of agricultural industry development and establishing and improving the incentive mechanism of ecological construction.

Counteraction to China?Impact of the U.S.International Development Finance Corporation on China’s Development Finance

The United States passed the Better Utilization of Investment Leading to Development(BUILD Act),as a counterweight to China’s overseas development activities.Under the Act,the US established a new federal agency,the U.S.International Development Finance Corporation(DFC),to enhance U.S.development financing capabilities.To better understand the impact of the DFC on China’s development finance,this article analyzes the DFC’s purpose,functions,structure,and funding.Then it focuses on the purpose of establishing the DFC,providing a preliminary analysis of the potential motivation for its establishment.It also compares the China Development Bank(CDB)and the DFC based on their focused sectors.Finally,through an in-depth analysis of financial frictions in China-U.S.relations,this article argues that the DFC competes with China’s overseas development financing activities in the context of broader strategic competition between China and the U.S.

Production and Running Status of China's Refractories and Main Downstream Industries in 2013

1 Production and Running Status of China＇s Refractories Industry in 2013 1.1 Refractories Output In 2013, China＇ s refractories output was 29. 283 million tons increasing by 3.88% YOY; in which the outputs of dense shaped refractory products, insulating refractory products, monolithic refractories were 17.307 million tons increasing by 5.93% YOY, 557.3 thousand tons decreasing by 2.67% YOY and 11. 418 million tons increasing by 1.24% YOY, respectively.

Prospering Revolution of Resource Efficiency in Northeast Industrial Area in China

Despite its strong advantages in resource, technology and human resource, China's Northeast Industrial Area is also experiencing problems of unreasonable industrial structure, envi- ronmental pollution, and the degradation of ecological condition, etc., which prevent this area from achieving a sustainable devel- opment. Through analyzing the resource problem, the present paper proposed a strategy of circular economy for the prosperity of this are, discussed the theories of circular economy and re- source recycling, and finally concluded that improving resource productivity is at the core of circular economy.

First Forum on China Casting Quality Standards & Overview of Revision History of China's National/Industrial Standards for Foundry Operations

Both national and local governments have been paying great attention to the work of industrial standardization with the enormous increase in international trade after China joined WTO. According to the standards revising plan of Standardization Administration Committee of China (SAC),TC54 has already revised a series of national standards and industrial standards for foundry operations,and proposed some new ones. As a result,some old fashioned standards containing low-level techniques have been gradually discontinued or replaced with new versions.……

Production and Running Status of China's Refractories and Main Downstream Industries in 2012

1 Production and Running Status of China＇s Refractories Industry in 20121.1 Refractories Output In 2012 China＇ s refractories output was 28. 189 million tons decreasing by 4.43% YOY： in which the outpt, ts of （lense shaped refractory products, insulating refractory products,

People's Construction Bank of China

On the eve of the grand celebrations marking the 45th anniversary for the founding of new China, the People’s Construction Bank of China, one of our country’s four pillars of the banking industry, welcomed its 40th birthday. The Government Administration Council decided on September 9, 1954, to establish the People’s Construction Bank of China to handle mainly appropriations for capital construction and floating capital loans for construction enterprises toexercise financial supervision of the rational use

China National Industrial Machinery Import & Export Company

The China National Industrial Machinery Import & Export Company, a wholly-owned subsidiary of the China National Machinery Import & Export Corporation, has established longterm cooperative relations with business people in dozens of countries and regions around the world. Between 1988 and 1994, the imports and exports handled by the company totalled US$2.5 billion. Since the 1950s, the company has imported quantities of machine tools and processing equipment for the China No. 1 Automobile Plant, the China No.2 Automobile Plant, various heavy-duty machinery plants, machine-tool factories and textile mills in China. The company’s traditional imports are

China's Airline Industry

With the fast growth of China’s economy in the past dozen years, its airline industry has experienced a 20% average annual growth rate. By the end of 1994, the annual total mileage reached 6 million ton/km; the number of air routes jumped from 162 in 1978 to over 600; the number of transport aircraft stood at more than 300; and the maior flight force is up to the

China's Electronics Industry

Since the Eighth Five-year Plan period (1991-1995), China’s electronics Industry has obtained remarkable success, especially in the technical level, product level, industrial structure, operational mechanism and managerial mode, which are expressed as follows: 1. The major targets for the electronics industry under the Eighth Five-year Plan were reached two years ahead of schedule. The electronics industry enjoyed an average annual growth rate of 26% in total output value in the three years from 1991 to 1993. During the Eighth Five-

China's Plastics-Making Machinery Industry

With the constant renewal of plastics-making technology, the application scope for plastic products is becoming more and more wide, and the plastics-making machinery has correspondingly become an industry with good prospects on the market. China’s production of plastics-making machinery has a history of more than 30 years. Since the 1970s, through the introduction of numerous advanced plastics-making technologies from abroad, great development has been made in plastics-making machinery,