Chinese social and economic history is both influenced by and,to a certain extent,married with Chinese political regimes.Various political dynasties from the past have each exercised significant control of Chinese soc...Chinese social and economic history is both influenced by and,to a certain extent,married with Chinese political regimes.Various political dynasties from the past have each exercised significant control of Chinese social and economic environments,and continue to exert influence even to the present day.Three of these influential periods include the Kang Qian Flourishing Age(1723-1796),the Qing Dynasty Decline(1800s-1912),and the People’s Republic of China Communist Control(1949-present).A review and in-depth examination of each regime helps to both understand where China is today and also how it is likely to evolve in the future.展开更多
This paper studies the opening-up of domestic bond market in the support of China’s supply-side reform by examining the five core elements about the reform,namely overcapacity trimming,inventory de-stocking,financial...This paper studies the opening-up of domestic bond market in the support of China’s supply-side reform by examining the five core elements about the reform,namely overcapacity trimming,inventory de-stocking,financial deleveraging,cost reduction,and improvement of weak links in the economy.By examining the relationship between bond market opening-up and each element of the reform,the paper comes to the conclusion that the opening-up of domestic bond market is supportive to China’s supply-side reform.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
1.This study is one of The Applied Economic Institutes Linkages Project(AERIL)which is funded by theCanadian International Development Agency(CIDA)and jiontly managed by The Conference Board of Canada(CBOC)and the Int...1.This study is one of The Applied Economic Institutes Linkages Project(AERIL)which is funded by theCanadian International Development Agency(CIDA)and jiontly managed by The Conference Board of Canada(CBOC)and the International Trade Research Institute in China.It is jointly implemented by the Institute ofEconomic Research of the Chinese State Planning Commission and the North—South Institute of Canada。展开更多
Pension funds remain scarce no matter what institutional design is adopted. China has a host of unique issues facing its pension system,issues that must be confronted; for instance,the disappearance of its demographic...Pension funds remain scarce no matter what institutional design is adopted. China has a host of unique issues facing its pension system,issues that must be confronted; for instance,the disappearance of its demographic dividends and legacy costs incurred due to institutional transition. Such features determine that China’s pension system is merely passable at the present time. In this article,Professor Cai Fang offers new and incisive perspectives on this issue,such as the potential stimulus for economic growth by ageing people’s desire to save money for old-age provisions.展开更多
Since 1979 China has adopted a series of measures to reform its financial system. These measures involved establishing the macro control system of the central bank. setting up policy banks, perfecting the financial or...Since 1979 China has adopted a series of measures to reform its financial system. These measures involved establishing the macro control system of the central bank. setting up policy banks, perfecting the financial organization system, developing commercial banks and the monetary market, and reforming the foreign currency management system. The reforms of the past 15 years have brought great changes to China’s financial system. The old unified banking system was broken and diversified financing institutes emerged. Now a financial system comprising the central bank, specialized banks, commercial banks, insurance companics, trust展开更多
Since the beginning of 1994,Chinahas conducted a series of majorreform of the systems of taxation,finance,foreign trade and investment,achieving remarkable progress,whichhas played a good role in promotingthe establis...Since the beginning of 1994,Chinahas conducted a series of majorreform of the systems of taxation,finance,foreign trade and investment,achieving remarkable progress,whichhas played a good role in promotingthe establishment and developmentof the socialist market economic system.Not long ago,Xiang Huaicheng,DeputyDirector-General of the State TaxationBureau,made an introduction to thestate of China’s tax system reform anddevelopment trend to Chinese andforeign reporters.展开更多
This paper presents an overview of China＇s economic development and reform over the past 60 years, mapping out the course of how Chinese people overcame ideological fetters constraints, redirected reform despite barr...This paper presents an overview of China＇s economic development and reform over the past 60 years, mapping out the course of how Chinese people overcame ideological fetters constraints, redirected reform despite barriers and deviations, and brought into contrast the distinction between government and the market.In summary, it reinforces the fact that further reofrm is the only answer to China＇s complex economic contradictions.展开更多
China's 30 years of reform have achieved tremendous success and a transformation of the country.Amazingly,however,this grand endeavor began in an anonymous rural village in which the f irst breakthroughs were made...China's 30 years of reform have achieved tremendous success and a transformation of the country.Amazingly,however,this grand endeavor began in an anonymous rural village in which the f irst breakthroughs were made.How did China's reform begin in the countryside? Why were the initial breakthroughs made there? What is its significance? This article elaborates on these questions,urging that we should carry out a scientific outlook on development in the spirit of the 17th Party Congress,and steadfastly deepen the rural reform of rural.Research into these issues will help us gain a deeper understanding of the rural reform.展开更多
While China’s internal market potential is getting more and more tempting, Minister Zhang Haoruo of Internal Trade says in the years to come the retail, wholesale and material sectors will be freed up for foreign inv...While China’s internal market potential is getting more and more tempting, Minister Zhang Haoruo of Internal Trade says in the years to come the retail, wholesale and material sectors will be freed up for foreign investment. Foreign businessmen will be welcome to compete in China. The Minister disclose "t that 11 cities had been approved to experiment展开更多
Zhu Rongji, Vice Premier of the State Council of China, on January 27, 1995, made a speech "on China’s Reform and Development" at the World Economic Forum held in Davos in Switzerland. He gave a briefing on...Zhu Rongji, Vice Premier of the State Council of China, on January 27, 1995, made a speech "on China’s Reform and Development" at the World Economic Forum held in Davos in Switzerland. He gave a briefing on China’s reform and opening up and economic development.展开更多
China＇s reform and opening-up policy, which started in 1978, has become more effective. The success of reform and opening-up has transformed China from a low-income country to one of the world＇s largest econo- mies ...China＇s reform and opening-up policy, which started in 1978, has become more effective. The success of reform and opening-up has transformed China from a low-income country to one of the world＇s largest econo- mies today. In my view, the success of China＇s develop- ment lies in the country greatly reducing the number of people living in poverty. According to the World Bank, hundreds of millions of Chinese people have been lifted out of extreme poverty.展开更多
A number of crucial decisions on the market process of China’s national economy in 1994 were made toward the end of 1993 at the National Economic Work Meeting and the national meetings on planning, system reform, ban...A number of crucial decisions on the market process of China’s national economy in 1994 were made toward the end of 1993 at the National Economic Work Meeting and the national meetings on planning, system reform, banking, budget and trade. It aroused worldwide attention about "cracking the nuts" and "comprehensive advances and key breakthroughs" were mentioned in these large-scale reform plans.展开更多
How to establish a perfect medical system has always been a global challenge. If there was one event that commanded most of our attention from start to finish in 2007, it was medical reform. In the past, China underwe...How to establish a perfect medical system has always been a global challenge. If there was one event that commanded most of our attention from start to finish in 2007, it was medical reform. In the past, China underwent two medical system periods: one during the planned economy and another during the reform-and-opening-up period characterized by market-oriented reform. In 2006, after ten years of reform efforts, China's healthcare system found itself almost back where it started, a process that has brought with it its share of resentment and expectations from the public at large.展开更多
The Guanghua School of Management at Peking Universityorganized a new forum entitled "30 Years of China's Reform:A Review and Outlook" several months ago,inviting many economists such as Cheng Siwei,Wu J...The Guanghua School of Management at Peking Universityorganized a new forum entitled "30 Years of China's Reform:A Review and Outlook" several months ago,inviting many economists such as Cheng Siwei,Wu Jinglian,Li Yining,Mao Yushi,Zhang Weiying,Justin Lin,Fan Gang,Zhou Qiren,Qian Yingyi and Chen Zhiwu to conduct in-depth analysis and discussion on the issues of widespread concern about 30 Years of China's Reform.展开更多
This article expounds that China’s higher engineering education is facing both challenges and opportunities. Some special difficulties and problems rise in the course of economic transition, and exhort us that it has...This article expounds that China’s higher engineering education is facing both challenges and opportunities. Some special difficulties and problems rise in the course of economic transition, and exhort us that it has been of great urgency to carry out a reform of higher engineering education. Here are put forward six measures: to explore training patterns of such an education suited to China’s national conditions; to improve university system: to transform educational ideology, and reform educational contents and methods; to establish a system of cooperation of engineering universities and colleges with industries; to strengthen construction of teacher contingent in engineering universities and colleges; and to carry out testing work of continuing engineering education and training education.展开更多
文摘Chinese social and economic history is both influenced by and,to a certain extent,married with Chinese political regimes.Various political dynasties from the past have each exercised significant control of Chinese social and economic environments,and continue to exert influence even to the present day.Three of these influential periods include the Kang Qian Flourishing Age(1723-1796),the Qing Dynasty Decline(1800s-1912),and the People’s Republic of China Communist Control(1949-present).A review and in-depth examination of each regime helps to both understand where China is today and also how it is likely to evolve in the future.
文摘This paper studies the opening-up of domestic bond market in the support of China’s supply-side reform by examining the five core elements about the reform,namely overcapacity trimming,inventory de-stocking,financial deleveraging,cost reduction,and improvement of weak links in the economy.By examining the relationship between bond market opening-up and each element of the reform,the paper comes to the conclusion that the opening-up of domestic bond market is supportive to China’s supply-side reform.
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1.This study is one of The Applied Economic Institutes Linkages Project(AERIL)which is funded by theCanadian International Development Agency(CIDA)and jiontly managed by The Conference Board of Canada(CBOC)and the International Trade Research Institute in China.It is jointly implemented by the Institute ofEconomic Research of the Chinese State Planning Commission and the North—South Institute of Canada。
文摘Pension funds remain scarce no matter what institutional design is adopted. China has a host of unique issues facing its pension system,issues that must be confronted; for instance,the disappearance of its demographic dividends and legacy costs incurred due to institutional transition. Such features determine that China’s pension system is merely passable at the present time. In this article,Professor Cai Fang offers new and incisive perspectives on this issue,such as the potential stimulus for economic growth by ageing people’s desire to save money for old-age provisions.
文摘Since 1979 China has adopted a series of measures to reform its financial system. These measures involved establishing the macro control system of the central bank. setting up policy banks, perfecting the financial organization system, developing commercial banks and the monetary market, and reforming the foreign currency management system. The reforms of the past 15 years have brought great changes to China’s financial system. The old unified banking system was broken and diversified financing institutes emerged. Now a financial system comprising the central bank, specialized banks, commercial banks, insurance companics, trust
文摘Since the beginning of 1994,Chinahas conducted a series of majorreform of the systems of taxation,finance,foreign trade and investment,achieving remarkable progress,whichhas played a good role in promotingthe establishment and developmentof the socialist market economic system.Not long ago,Xiang Huaicheng,DeputyDirector-General of the State TaxationBureau,made an introduction to thestate of China’s tax system reform anddevelopment trend to Chinese andforeign reporters.
文摘This paper presents an overview of China＇s economic development and reform over the past 60 years, mapping out the course of how Chinese people overcame ideological fetters constraints, redirected reform despite barriers and deviations, and brought into contrast the distinction between government and the market.In summary, it reinforces the fact that further reofrm is the only answer to China＇s complex economic contradictions.
文摘China's 30 years of reform have achieved tremendous success and a transformation of the country.Amazingly,however,this grand endeavor began in an anonymous rural village in which the f irst breakthroughs were made.How did China's reform begin in the countryside? Why were the initial breakthroughs made there? What is its significance? This article elaborates on these questions,urging that we should carry out a scientific outlook on development in the spirit of the 17th Party Congress,and steadfastly deepen the rural reform of rural.Research into these issues will help us gain a deeper understanding of the rural reform.
文摘While China’s internal market potential is getting more and more tempting, Minister Zhang Haoruo of Internal Trade says in the years to come the retail, wholesale and material sectors will be freed up for foreign investment. Foreign businessmen will be welcome to compete in China. The Minister disclose "t that 11 cities had been approved to experiment
文摘Zhu Rongji, Vice Premier of the State Council of China, on January 27, 1995, made a speech "on China’s Reform and Development" at the World Economic Forum held in Davos in Switzerland. He gave a briefing on China’s reform and opening up and economic development.
文摘China＇s reform and opening-up policy, which started in 1978, has become more effective. The success of reform and opening-up has transformed China from a low-income country to one of the world＇s largest econo- mies today. In my view, the success of China＇s develop- ment lies in the country greatly reducing the number of people living in poverty. According to the World Bank, hundreds of millions of Chinese people have been lifted out of extreme poverty.
文摘A number of crucial decisions on the market process of China’s national economy in 1994 were made toward the end of 1993 at the National Economic Work Meeting and the national meetings on planning, system reform, banking, budget and trade. It aroused worldwide attention about "cracking the nuts" and "comprehensive advances and key breakthroughs" were mentioned in these large-scale reform plans.
文摘How to establish a perfect medical system has always been a global challenge. If there was one event that commanded most of our attention from start to finish in 2007, it was medical reform. In the past, China underwent two medical system periods: one during the planned economy and another during the reform-and-opening-up period characterized by market-oriented reform. In 2006, after ten years of reform efforts, China's healthcare system found itself almost back where it started, a process that has brought with it its share of resentment and expectations from the public at large.
文摘The Guanghua School of Management at Peking Universityorganized a new forum entitled "30 Years of China's Reform:A Review and Outlook" several months ago,inviting many economists such as Cheng Siwei,Wu Jinglian,Li Yining,Mao Yushi,Zhang Weiying,Justin Lin,Fan Gang,Zhou Qiren,Qian Yingyi and Chen Zhiwu to conduct in-depth analysis and discussion on the issues of widespread concern about 30 Years of China's Reform.
文摘This article expounds that China’s higher engineering education is facing both challenges and opportunities. Some special difficulties and problems rise in the course of economic transition, and exhort us that it has been of great urgency to carry out a reform of higher engineering education. Here are put forward six measures: to explore training patterns of such an education suited to China’s national conditions; to improve university system: to transform educational ideology, and reform educational contents and methods; to establish a system of cooperation of engineering universities and colleges with industries; to strengthen construction of teacher contingent in engineering universities and colleges; and to carry out testing work of continuing engineering education and training education.
