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 ...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.展开更多
Located at 30 Lucheng Road, Wenzhou, the Wenzhou Economic and Technical Development Corporation(WETDC) was founded in September 1985. It was granted of self-operational rights for imports and exports by the former Min...Located at 30 Lucheng Road, Wenzhou, the Wenzhou Economic and Technical Development Corporation(WETDC) was founded in September 1985. It was granted of self-operational rights for imports and exports by the former Ministry of Foreign Economic Relations and Trade in November 1992. The corporation is a special composite foreign trade company, integrating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 Yangtze River has nurtured the fertile land on both its banks and hundreds of millions of Chinese people. but its raging waters have also wreaked havoc on the people living in its reaches. Since the founding of Ne...The Yangtze River has nurtured the fertile land on both its banks and hundreds of millions of Chinese people. but its raging waters have also wreaked havoc on the people living in its reaches. Since the founding of New China, large-scale surveys, planning, scientific research and feasibility studies have been carried out in an effort to harness the展开更多
The Capital Iron and Steel Corporation (Shou Gang) is one of the eight major iron and steel companies in China and one of the first state-owned enterprises to be selected as a testing ground for the reform programme, ...The Capital Iron and Steel Corporation (Shou Gang) is one of the eight major iron and steel companies in China and one of the first state-owned enterprises to be selected as a testing ground for the reform programme, since it was authorized to manage its own foreign trade in 1981, the Corporation’s export trade has expanded steadily. Especially since 1992, its development in foreign trade has skyrocketed because China Shou Gang International Trade Construction Company was approved to be set up. In 1993, it exported 239,700 tons of steel. Its foreign exchange income reached US$630 million, of which the Shou Gang’s self-managed exports took up US$96.98 million. During the展开更多
Editor’s Note:In the recent two yearssince ZTE’s NGN prod-uct series were put intomarket,ZTE has maderemarkable achieve-ments in the industry. Al-though a leading vendorin China, ZTE has beencontinuously doing busi-...Editor’s Note:In the recent two yearssince ZTE’s NGN prod-uct series were put intomarket,ZTE has maderemarkable achieve-ments in the industry. Al-though a leading vendorin China, ZTE has beencontinuously doing busi- ness in a prudent and practical way,which has been recognized by govern-ment authorities, carriers and customers.In order to learn more about ZTE’s NGNdevelopment strategy,we interviewedChen Jie, ZTE’s vice president and gen-eral manager of Network Division, aboutZTE’s NGN development strategy, R&Dadvantages and progress.展开更多
Founded in 1980, China Great Wall Industry Corporation (CGWIC) is a foreign economy and trade corporation which combines technology with industry and trade. The Corporation under China Aerospace Corporation, is the co...Founded in 1980, China Great Wall Industry Corporation (CGWIC) is a foreign economy and trade corporation which combines technology with industry and trade. The Corporation under China Aerospace Corporation, is the core of China Aerospace Great Wall Enterprises Group. It is a state-owned economic entity, mainly engaged in foreign economy, technology and trade of space scientific and technological industry. It is the only business organization with the exclusive government authorization to provide commercial launch services to foreign customers展开更多
China calls on its enterprises in Africa to make a bigger contribution to social welfare by Zhang Zhongxiang CHINESE enterprises should take the time to integrate into African society, both culturally and financially ...China calls on its enterprises in Africa to make a bigger contribution to social welfare by Zhang Zhongxiang CHINESE enterprises should take the time to integrate into African society, both culturally and financially and be aware of their corporate responsibility. Chinese Vice President Xi Jinping made this clear while meeting Chinese展开更多
文摘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.
文摘Located at 30 Lucheng Road, Wenzhou, the Wenzhou Economic and Technical Development Corporation(WETDC) was founded in September 1985. It was granted of self-operational rights for imports and exports by the former Ministry of Foreign Economic Relations and Trade in November 1992. The corporation is a special composite foreign trade company, integrating
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 Yangtze River has nurtured the fertile land on both its banks and hundreds of millions of Chinese people. but its raging waters have also wreaked havoc on the people living in its reaches. Since the founding of New China, large-scale surveys, planning, scientific research and feasibility studies have been carried out in an effort to harness the
文摘The Capital Iron and Steel Corporation (Shou Gang) is one of the eight major iron and steel companies in China and one of the first state-owned enterprises to be selected as a testing ground for the reform programme, since it was authorized to manage its own foreign trade in 1981, the Corporation’s export trade has expanded steadily. Especially since 1992, its development in foreign trade has skyrocketed because China Shou Gang International Trade Construction Company was approved to be set up. In 1993, it exported 239,700 tons of steel. Its foreign exchange income reached US$630 million, of which the Shou Gang’s self-managed exports took up US$96.98 million. During the
文摘Editor’s Note:In the recent two yearssince ZTE’s NGN prod-uct series were put intomarket,ZTE has maderemarkable achieve-ments in the industry. Al-though a leading vendorin China, ZTE has beencontinuously doing busi- ness in a prudent and practical way,which has been recognized by govern-ment authorities, carriers and customers.In order to learn more about ZTE’s NGNdevelopment strategy,we interviewedChen Jie, ZTE’s vice president and gen-eral manager of Network Division, aboutZTE’s NGN development strategy, R&Dadvantages and progress.
文摘Founded in 1980, China Great Wall Industry Corporation (CGWIC) is a foreign economy and trade corporation which combines technology with industry and trade. The Corporation under China Aerospace Corporation, is the core of China Aerospace Great Wall Enterprises Group. It is a state-owned economic entity, mainly engaged in foreign economy, technology and trade of space scientific and technological industry. It is the only business organization with the exclusive government authorization to provide commercial launch services to foreign customers
文摘China calls on its enterprises in Africa to make a bigger contribution to social welfare by Zhang Zhongxiang CHINESE enterprises should take the time to integrate into African society, both culturally and financially and be aware of their corporate responsibility. Chinese Vice President Xi Jinping made this clear while meeting Chinese
