This paper analyzes developments and trends related to China＇s outward direct and financial investments by examining Chinese firms＇ overseas acquisitions, China＇s holdings of US Treasury securities, and the recentl...This paper analyzes developments and trends related to China＇s outward direct and financial investments by examining Chinese firms＇ overseas acquisitions, China＇s holdings of US Treasury securities, and the recently formally launched Qualified Domestic Institutional Investor programs. Strategies should be developed to reach optimal decisions for both direct and por（folio investments. We argue that China should have a longer-term view for both direct and portfolio investments, enabling China to become the leader in Asia while maintaining its sustainable growth objective. China should invest heavily in the development of the Asian bond market and the Asian Currency Fund when making both por（folio and direct investment decisions.展开更多
Large-scale water environmental deterioration is one of the most prominent environmental issues in current China.Transjurisdictional water pollution is an important reason for water environmental deterioration of rive...Large-scale water environmental deterioration is one of the most prominent environmental issues in current China.Transjurisdictional water pollution is an important reason for water environmental deterioration of river basins,and currently there are some major defects that exist in China’s management system related to transjurisdictional water pollution.With seven major river basins in China as an object of study,this paper is designed to perform a diagnosis of major problems about the transjurisdictional water pollu-tion management in China from three aspects,i.e.institution,mechanism,and legislation.On the basis of this,it gives an overall train of thoughts on the reform of transjurisdictional water pollution management in China,and proposes specific recommendations from the aforesaid three aspects.展开更多
文摘This paper analyzes developments and trends related to China＇s outward direct and financial investments by examining Chinese firms＇ overseas acquisitions, China＇s holdings of US Treasury securities, and the recently formally launched Qualified Domestic Institutional Investor programs. Strategies should be developed to reach optimal decisions for both direct and por（folio investments. We argue that China should have a longer-term view for both direct and portfolio investments, enabling China to become the leader in Asia while maintaining its sustainable growth objective. China should invest heavily in the development of the Asian bond market and the Asian Currency Fund when making both por（folio and direct investment decisions.
基金This work was supported by the task force by the Center for Industrial Development and Environmental Governance,Tsinghua University,and the National Social Science Foundation of China(Grant No.05CZZ015)。
文摘Large-scale water environmental deterioration is one of the most prominent environmental issues in current China.Transjurisdictional water pollution is an important reason for water environmental deterioration of river basins,and currently there are some major defects that exist in China’s management system related to transjurisdictional water pollution.With seven major river basins in China as an object of study,this paper is designed to perform a diagnosis of major problems about the transjurisdictional water pollu-tion management in China from three aspects,i.e.institution,mechanism,and legislation.On the basis of this,it gives an overall train of thoughts on the reform of transjurisdictional water pollution management in China,and proposes specific recommendations from the aforesaid three aspects.
