ON August 8,2014 the AllChina Federation of Industry&Commerce published the list of China’s Top 500 Private Enterprises.Fifty-four private companies from Shandong Province ranked among the top 500,putting Shandon...ON August 8,2014 the AllChina Federation of Industry&Commerce published the list of China’s Top 500 Private Enterprises.Fifty-four private companies from Shandong Province ranked among the top 500,putting Shandong in third place behind Zhejiang and Jiangsu.Fifteen Shandong companies ranked in the top 100.This achievement is attributed to the province’s economic reforms and an improving business environment.展开更多
The most recent trends in population dynamics have provoked a rigorous debate whether the private or the public pension insurance system should be predominant. The pay-as-you-go system is dominated by the state that g...The most recent trends in population dynamics have provoked a rigorous debate whether the private or the public pension insurance system should be predominant. The pay-as-you-go system is dominated by the state that guarantees its stability. Private pension insurance provides personal retirement accounts and proper ownership of the accumulated funds, but its sustainability during prolonged market crises and inadequate risk sharing are often questioned. In order to address this issue, this paper makes both an assessment and analysis of the arguments put forward in favor of the preservation of the pay-as-you-go system and a comparison of this system with some of the main characteristics of the private accounts system. This is the basis for seeking the objectively defined role of the pay-as-you-go system in the conditions of the market economy. A couple of conclusions that have been formulated might be of interest for the future improvement of the organization and management of pension insurance.展开更多
China pushes for green bond directives The world may be no stranger to green finance—finance that pays special attention to environmental health,but when it comes to China,the country remains—well,green to the concept.
文摘ON August 8,2014 the AllChina Federation of Industry&Commerce published the list of China’s Top 500 Private Enterprises.Fifty-four private companies from Shandong Province ranked among the top 500,putting Shandong in third place behind Zhejiang and Jiangsu.Fifteen Shandong companies ranked in the top 100.This achievement is attributed to the province’s economic reforms and an improving business environment.
文摘The most recent trends in population dynamics have provoked a rigorous debate whether the private or the public pension insurance system should be predominant. The pay-as-you-go system is dominated by the state that guarantees its stability. Private pension insurance provides personal retirement accounts and proper ownership of the accumulated funds, but its sustainability during prolonged market crises and inadequate risk sharing are often questioned. In order to address this issue, this paper makes both an assessment and analysis of the arguments put forward in favor of the preservation of the pay-as-you-go system and a comparison of this system with some of the main characteristics of the private accounts system. This is the basis for seeking the objectively defined role of the pay-as-you-go system in the conditions of the market economy. A couple of conclusions that have been formulated might be of interest for the future improvement of the organization and management of pension insurance.
文摘China pushes for green bond directives The world may be no stranger to green finance—finance that pays special attention to environmental health,but when it comes to China,the country remains—well,green to the concept.
