Twenty years’ economic reform and open door practice have made China not only an important host nation to foreign direct investment (FDI), but also the largest FDI home nation among the developing countries. In fact,...Twenty years’ economic reform and open door practice have made China not only an important host nation to foreign direct investment (FDI), but also the largest FDI home nation among the developing countries. In fact, since the late 1980s, the Chinese government has not simply put its effort into exporting made-in-China" products to earn foreign currency or into encouraging foreign inward capital, but also actively encouraged its manufacturers to invest overseas. This paper examines China’s outward FDI and poses the question to what degree China is expected to follow the other East Asian economies or will it forge its own particular patterns. The first section of this paper reviews the characteristics of FDI of China’s neighbors and then it turns to examine the spatial patterns of and motivations for China’s FDI. Finally, this paper looks at potential of China’s outward investment in the near future. It concludes that China is not Japan but its potential for further outward FDI is huge. With its WTO membership and growing economy, China will become the second to Japan or USA. It will also use its financial power to further contain Taiwan’s independence.展开更多
Usually, China’s overseas investment refers to direct investment (capital, equipment, technology, patent fights and trademark) from Chinese enterprises, corporations and other organizations to set up overseas joint v...Usually, China’s overseas investment refers to direct investment (capital, equipment, technology, patent fights and trademark) from Chinese enterprises, corporations and other organizations to set up overseas joint ventures, cooperative operations, wholly-owned enterprises or other展开更多
Wind energy is a clean and sustainable energy, and wind power does not rely on fossil fuels. So there is no fuel price risk, and it, of course, does not include the environmental costs, such as carbon emissions. Becau...Wind energy is a clean and sustainable energy, and wind power does not rely on fossil fuels. So there is no fuel price risk, and it, of course, does not include the environmental costs, such as carbon emissions. Because of these unique advantages, wind power has gradually become an important part of the strategy of sustainable development in China. Now with the growing voices on global greenhouse gas emission reduction, and as a clean and efficient energy, wind power has huge potential in combating climate change, energy security pressures and the needs for energy. Wind power in China began to develop from the 1980s. In the first 20 years, the speed of development was slow; but since 2004, it has had an extremely rapid growth.This paper, in order to study the development mechanism of China＆amp;amp;amp;#39;s wind power industry, investigated and analyzed the status quo of wind power industry in China, and then found that （1） the development trend of wind power industry in China appears exponential growth; （2） China＆amp;amp;amp;#39;s installed capacity of wind power is still smaller than that os some other countries; （3） new subsidy policies bring developing opportunities to wind power industry in China; （4） the sectors of wind power industry are in unbalanced growing; （5） the owners of proposed wind farms are too optimistic though the built wind farm had many problems. In addition, by using the methodology of Game Theory, this paper has also constructed the matrix of pre-assessing risks of China＆amp;amp;amp;#39;s wind power industry to further discuss the potential risk factors within China＆amp;amp;amp;#39;s wind power industry as risk factors of wind farm construction, risk factors of production of wind turbines, risk factors of parts and components manufacturing industry under risk indicators like R＆amp;amp;amp;amp;D, patents, the domestic policy, the international policy, the quality of products and the market regulation, in order to provide a scientific assessment and self-assessment tool for investors or implementers, and also to promote the further development of the wind power industry.展开更多
The Chinese government set up the State Development Bank against the background of the Chinese economic system being transformed from planned to market. In May 1995, the State Development Investment Corporation was es...The Chinese government set up the State Development Bank against the background of the Chinese economic system being transformed from planned to market. In May 1995, the State Development Investment Corporation was established. Does this mean that China’s investment system reform is advancing at a much展开更多
The volume of e-commerce trade is surging, mobile payment is taking over the world, and the sharing economy is a worldwide phenomenon. In recent years, China has made remarkable achievements in the digital economy dom...The volume of e-commerce trade is surging, mobile payment is taking over the world, and the sharing economy is a worldwide phenomenon. In recent years, China has made remarkable achievements in the digital economy domain, which has garnered attention from a wide range of sources.展开更多
China’s overseas interest has become more visible and fragile with the deepening of integration into the world.To protect China’s overseas interest,we need to focus on the realization of China’s“sustainable overse...China’s overseas interest has become more visible and fragile with the deepening of integration into the world.To protect China’s overseas interest,we need to focus on the realization of China’s“sustainable overseas interest”in addition to the prevention of direct infringement and threat.“Sustainable overseas interest”include different content levels of nation,corporate and society.Referring to the experience of other countries,we find that China still lacks the main body dimension in its maintenance mechanism of“sustainable overseas interest”,and the social mechanism level of the trinity system of government,enterprise and society is still insufficient.展开更多
At the recently-convened meetings of the National People’sCongress and the Chinese People’s Political ConsultativeCoference, agriculture has once again become a hot topicattracting attentions of deputies. Speeding u...At the recently-convened meetings of the National People’sCongress and the Chinese People’s Political ConsultativeCoference, agriculture has once again become a hot topicattracting attentions of deputies. Speeding up the opening up ofagricultural sector and properly resolving the thorny financial andtechnological problems confronting it become a highlighted issuein the State’s plan to utilize foreign investment in the coming fewyears.展开更多
"China’s shipbuilding industry has boomed in the last 15 years since the end of the 1970s and has drawn attention of international shipbuilding and shipping circles even though a gap still remained between China..."China’s shipbuilding industry has boomed in the last 15 years since the end of the 1970s and has drawn attention of international shipbuilding and shipping circles even though a gap still remained between China and advanced shipbuilding countries including Japan and South Korea. China ranks among advanced shipbuilding countries relying on its own investment and enterprise development. China has opened its shipbuilding industry to the outside world for wider cooperation and more foreign involvement."展开更多
During the Fifth Asian and Pacific International Fairs held in Beijing, the vice minister of State Economic and Trade Commission, Yu Xiaosong, gave a review of the economic situation and investment environment of Chin...During the Fifth Asian and Pacific International Fairs held in Beijing, the vice minister of State Economic and Trade Commission, Yu Xiaosong, gave a review of the economic situation and investment environment of China to business people and journalists of various countries. This year is a key year in China’s economic system reform. The reform schemes for financial and taxation, monetary, investment and foreign展开更多
In recent years,overseas observers have reached a consensus upon attributing China’s sustained rapid economic growth primarily to high investment.This consensus opinion has also struck a resonant chord among a large ...In recent years,overseas observers have reached a consensus upon attributing China’s sustained rapid economic growth primarily to high investment.This consensus opinion has also struck a resonant chord among a large number of domestic researchers who acknowledge the tremendous contribution of continued high fixed asset investment to China’s economic growth,and often wonder whether"the investment ratio is too high"and"the economy is overheating".In this article,renowned economist Zhang Hanya elaborates upon the real economic meaning of"investment ratio",and sets out reasonable criteria for the"investment/consumption ratio".His explanations help us to clarify our understanding and judgments regarding the related issues.展开更多
基金Under the auspices of Australian 2000 small ARC grant!(No.S7004950).
文摘Twenty years’ economic reform and open door practice have made China not only an important host nation to foreign direct investment (FDI), but also the largest FDI home nation among the developing countries. In fact, since the late 1980s, the Chinese government has not simply put its effort into exporting made-in-China" products to earn foreign currency or into encouraging foreign inward capital, but also actively encouraged its manufacturers to invest overseas. This paper examines China’s outward FDI and poses the question to what degree China is expected to follow the other East Asian economies or will it forge its own particular patterns. The first section of this paper reviews the characteristics of FDI of China’s neighbors and then it turns to examine the spatial patterns of and motivations for China’s FDI. Finally, this paper looks at potential of China’s outward investment in the near future. It concludes that China is not Japan but its potential for further outward FDI is huge. With its WTO membership and growing economy, China will become the second to Japan or USA. It will also use its financial power to further contain Taiwan’s independence.
文摘Usually, China’s overseas investment refers to direct investment (capital, equipment, technology, patent fights and trademark) from Chinese enterprises, corporations and other organizations to set up overseas joint ventures, cooperative operations, wholly-owned enterprises or other
基金supported by National Key Project of Scientific and Technical Supporting Programs Funded by Ministry of Science & Technology of China in the 11th Five-Year Plan(Grant No.2007BAC03A12)
文摘Wind energy is a clean and sustainable energy, and wind power does not rely on fossil fuels. So there is no fuel price risk, and it, of course, does not include the environmental costs, such as carbon emissions. Because of these unique advantages, wind power has gradually become an important part of the strategy of sustainable development in China. Now with the growing voices on global greenhouse gas emission reduction, and as a clean and efficient energy, wind power has huge potential in combating climate change, energy security pressures and the needs for energy. Wind power in China began to develop from the 1980s. In the first 20 years, the speed of development was slow; but since 2004, it has had an extremely rapid growth.This paper, in order to study the development mechanism of China＆amp;amp;amp;#39;s wind power industry, investigated and analyzed the status quo of wind power industry in China, and then found that （1） the development trend of wind power industry in China appears exponential growth; （2） China＆amp;amp;amp;#39;s installed capacity of wind power is still smaller than that os some other countries; （3） new subsidy policies bring developing opportunities to wind power industry in China; （4） the sectors of wind power industry are in unbalanced growing; （5） the owners of proposed wind farms are too optimistic though the built wind farm had many problems. In addition, by using the methodology of Game Theory, this paper has also constructed the matrix of pre-assessing risks of China＆amp;amp;amp;#39;s wind power industry to further discuss the potential risk factors within China＆amp;amp;amp;#39;s wind power industry as risk factors of wind farm construction, risk factors of production of wind turbines, risk factors of parts and components manufacturing industry under risk indicators like R＆amp;amp;amp;amp;D, patents, the domestic policy, the international policy, the quality of products and the market regulation, in order to provide a scientific assessment and self-assessment tool for investors or implementers, and also to promote the further development of the wind power industry.
文摘The Chinese government set up the State Development Bank against the background of the Chinese economic system being transformed from planned to market. In May 1995, the State Development Investment Corporation was established. Does this mean that China’s investment system reform is advancing at a much
文摘The volume of e-commerce trade is surging, mobile payment is taking over the world, and the sharing economy is a worldwide phenomenon. In recent years, China has made remarkable achievements in the digital economy domain, which has garnered attention from a wide range of sources.
文摘China’s overseas interest has become more visible and fragile with the deepening of integration into the world.To protect China’s overseas interest,we need to focus on the realization of China’s“sustainable overseas interest”in addition to the prevention of direct infringement and threat.“Sustainable overseas interest”include different content levels of nation,corporate and society.Referring to the experience of other countries,we find that China still lacks the main body dimension in its maintenance mechanism of“sustainable overseas interest”,and the social mechanism level of the trinity system of government,enterprise and society is still insufficient.
文摘At the recently-convened meetings of the National People’sCongress and the Chinese People’s Political ConsultativeCoference, agriculture has once again become a hot topicattracting attentions of deputies. Speeding up the opening up ofagricultural sector and properly resolving the thorny financial andtechnological problems confronting it become a highlighted issuein the State’s plan to utilize foreign investment in the coming fewyears.
文摘"China’s shipbuilding industry has boomed in the last 15 years since the end of the 1970s and has drawn attention of international shipbuilding and shipping circles even though a gap still remained between China and advanced shipbuilding countries including Japan and South Korea. China ranks among advanced shipbuilding countries relying on its own investment and enterprise development. China has opened its shipbuilding industry to the outside world for wider cooperation and more foreign involvement."
文摘During the Fifth Asian and Pacific International Fairs held in Beijing, the vice minister of State Economic and Trade Commission, Yu Xiaosong, gave a review of the economic situation and investment environment of China to business people and journalists of various countries. This year is a key year in China’s economic system reform. The reform schemes for financial and taxation, monetary, investment and foreign
文摘In recent years,overseas observers have reached a consensus upon attributing China’s sustained rapid economic growth primarily to high investment.This consensus opinion has also struck a resonant chord among a large number of domestic researchers who acknowledge the tremendous contribution of continued high fixed asset investment to China’s economic growth,and often wonder whether"the investment ratio is too high"and"the economy is overheating".In this article,renowned economist Zhang Hanya elaborates upon the real economic meaning of"investment ratio",and sets out reasonable criteria for the"investment/consumption ratio".His explanations help us to clarify our understanding and judgments regarding the related issues.
