Hai Wen, economist and vice president of Peking University, has for many years been involved in in-depth investigation and research of China's medical reform, earning a reputation as one of the foremost economists...Hai Wen, economist and vice president of Peking University, has for many years been involved in in-depth investigation and research of China's medical reform, earning a reputation as one of the foremost economists in the field of medical reform. However, in the recent debate on medical reform policy, Hai Wen deliberately decided to keep a low profile. In his view, some of the ideas coming out of academic circles these days are "too short-sighted and political-motivated." During this interview, he talks about this recent round of medical reform debate, its challenges, and prospects for future reform.展开更多
LONG Yongtu, Vice Minister for Foreign Trade and Ecomonic Cooperation, China Negotiation Representative, said not long ago that China has made two main commitments for its WTO accession. One is to practice in conformi...LONG Yongtu, Vice Minister for Foreign Trade and Ecomonic Cooperation, China Negotiation Representative, said not long ago that China has made two main commitments for its WTO accession. One is to practice in conformity with intermational rules, and the other is to further open its market, which can be briefed as eight words.展开更多
This paper examines the data of A-share listed companies in China from 2002 to 2017,drawing on the theory of equal opportunity and market rules in M&A transactions.This paper investigates the correlation between c...This paper examines the data of A-share listed companies in China from 2002 to 2017,drawing on the theory of equal opportunity and market rules in M&A transactions.This paper investigates the correlation between changes in tender offer policy and M&A tendencies and performance.The findings suggest that following the policy shift and the adoption of market rules,companies that secure an exemption from the mandatory tender offer obligation not only exhibit stronger M&A tendencies but also improved long-term M&A performance.This indicates that market rules are more suitable for China and contribute to enhancing the efficiency of the M&A market.The paper also presents evidence of a moderating effect,demonstrating that exemptions from the mandatory tender offer obligation positively influence the relationship between policy change and M&A performance.Lastly,this paper finds that state-owned and large-scale firms tend to exhibit a higher degree of M&A tendencies.展开更多
Looking back at the last three decades of reform and opening up in China, many components of this process can now be examined in an attempt to ascertain what part they have played in the country’s political,social an...Looking back at the last three decades of reform and opening up in China, many components of this process can now be examined in an attempt to ascertain what part they have played in the country’s political,social and economic growth.Rule of law and a harmonious society are some of the issues at stake.Professor Jiang Ping,former President of China University of Political Science and Law,discusses these and other areas of reform in an interview with China Economic Weekly.展开更多
文摘Hai Wen, economist and vice president of Peking University, has for many years been involved in in-depth investigation and research of China's medical reform, earning a reputation as one of the foremost economists in the field of medical reform. However, in the recent debate on medical reform policy, Hai Wen deliberately decided to keep a low profile. In his view, some of the ideas coming out of academic circles these days are "too short-sighted and political-motivated." During this interview, he talks about this recent round of medical reform debate, its challenges, and prospects for future reform.
文摘LONG Yongtu, Vice Minister for Foreign Trade and Ecomonic Cooperation, China Negotiation Representative, said not long ago that China has made two main commitments for its WTO accession. One is to practice in conformity with intermational rules, and the other is to further open its market, which can be briefed as eight words.
基金Supported by Guangdong Province Philosophy and Social Science Planning Project(GD22CGL41,GD23XGL062,GD24CYJ20)Guangdong Basic and Applied Basic Research Foundation(2021A1515011479)。
文摘This paper examines the data of A-share listed companies in China from 2002 to 2017,drawing on the theory of equal opportunity and market rules in M&A transactions.This paper investigates the correlation between changes in tender offer policy and M&A tendencies and performance.The findings suggest that following the policy shift and the adoption of market rules,companies that secure an exemption from the mandatory tender offer obligation not only exhibit stronger M&A tendencies but also improved long-term M&A performance.This indicates that market rules are more suitable for China and contribute to enhancing the efficiency of the M&A market.The paper also presents evidence of a moderating effect,demonstrating that exemptions from the mandatory tender offer obligation positively influence the relationship between policy change and M&A performance.Lastly,this paper finds that state-owned and large-scale firms tend to exhibit a higher degree of M&A tendencies.
文摘Looking back at the last three decades of reform and opening up in China, many components of this process can now be examined in an attempt to ascertain what part they have played in the country’s political,social and economic growth.Rule of law and a harmonious society are some of the issues at stake.Professor Jiang Ping,former President of China University of Political Science and Law,discusses these and other areas of reform in an interview with China Economic Weekly.
