Exploring New Ways to Deepen the Reform of State-owned Foreign Economic and Trade Enterprises

By the end of the century, the reform and development of China’s state-owned enterprises will create new prospects. The reform of state-owned foreign economic and trade enterprises should also see further breakthroughs. At present, the following aspects are important: 1. Implement a Holdings System in the Reform of State-owned Foreign Economic and Trade Enterprises. The holdings system plays a major role in transferring the management mechanism of state-owned foreign economic and

How do the Chinese Enterprises Respond to the International Trade Demands for Legal Forest Products?

The regulations on illegal logging issued by EU,USA and Australia etc. affect the international forest product trade which includes China. Based on the questionnaire survey,stakeholder's interview and field investigation,the paper analyses the Chinese enterprises' response to the trade demand of international legal forest products including the awareness,impact,market demands,measures,challenges and also the policy proposed to respond to demands of international legal forest product trade. The results indicate that there are still many challenges and difficulties for Chinese companies to meet the demands,and it is necessary to provide more support from the policy,technique,administration and capacity building.

An investigation and analysis of the export earnings of 100 foreign trade enterprises in the first five months of this year

In order to understand the export situation faced by Chinese foreign trade enterprises and learn about their difficulties and problems in this regard, the China Association of Foreign Trade and Economic Cooperation Enterprises carried

Identification of the Credit Guarantee Network of Steel Trade Enterprises in China

The risk points in the credit guarantee network of steel trade enterprises were identified by using the network analysis method in this paper. Firstly, the formation and operation mechanism of steel trade credit guarantee network was analyzed.Secondly,a guarantee network was established to analyze the related network structure indexes based on the mutual guarantee data of 83 enterprises in a steel trade market. These indexes included centrality,honest broker,and structural hole. The results suggest that network analysis method can be used to find out the risk points of the guarantee network. Additionally,some recommendations are brought forth to reduce or prevent future crises.

China's Foreign Trade Enterprises and Modern Enterprise System

Foreign trade enterprises in China are now reviving up their efforts in transforming their foreign trade operational mechanism in line with the requirements of a socialist market economic structure, and State enterprises are being restructured into modern enterprises. Over the past few years, Chinese foreign trade enterprises have undergone progressively deepening reform, changing from carrying out State mandatory planning during the early days of reform into self-governing and profit-

THE WAY FOR STATE FOREIGN TRADE ENTERPRISES TO ADOPT STRUCTURAL REFORM

The Sichuan Provincial ChangjiangEnterprise Company, the former ofSichuan Provincial ChangjiangEnterprise (Group) Holdings Co.(SPCEGHC), is a comprehensive foreigntrade enterprise under the direct leadershipof the provincial government, mainly engagedin various kinds of foreign trade businessand as an agent for clients, involving deliveryof goods to foreign countries, the exchangeof technology, and the repair and leasing ofdomestic equipment. It was restructured tobecome an enterprise group in 1988, a"window" corporation on the province.

Jiangsu's Top 30 Foreign Trade Enterprises Under Comprehensive Assessment in 1995

1. Jiangsu Textiles Import & Export (Group) Holdings Ltd.2. Jiangsu Garments Import & Export (Group) Holdings Ltd.3. Jiangsu Knitwear and Cotton Textiles Import & Export (Group) Corporation4. Jiangsu Overseas Enterprises (Group) Co. Ltd5. Nanjing Textiles Import & Export Holdings Ltd.6. China Machinery & Equipment Import & Export Corp.(Jiangsu)

New Ways to Deepen Reform in Foreign Trade Enterprises An interview with Yan Junxiu, General Manager of the Beijing Garment I/E shareholding Corp.

The Beijing Garment Import and Export Shareholding Corporation, Ltd. was the first shareholding corporation in Beijing which was set up in February 18, 1994. Its predecessor, the Beijing Garment Import and Export Corporation, had registered annual import and export earnings of US$300 million, ranking first among the foreign trade corporations in Beijing. Its change into a shareholding corporation has aroused keen interest in garment

Practices of Shareholding System in Jiangsu Foreign Trade Enterprises

With the ever-deepening process of China’s reform of its economic and foreign trade system, local foreign trade enterprises are all developing according to the needs of the socialist market economy, as and to normal international practices, as management and operation require. In recent years, the reform of foreign trade enterprises has undergone three stages: the stage of contracted management, the stage of the contractor being responsible for profits and losses and the stage of changing the managemental system. The enterprises, which formerly only carried out

Canton Fair tailored negotiation platform for textile enterprises——Interview with Huang Changjie of China Foreign Trade Center

The China Import and Export Fair,also known as the Canton Fair,is a comprehensive international trade event with the highest level,the largest scale,the most complete variety of goods,the largest number of buyers attending the fair,the largest number of participating countries and the best turnover in China,and has the reputation of"the first exhibition in China".

Problems and Countermeasures of International Trade Financing of Small and Medium-Sized Enterprises in China

Small and medium-sized enterprises are the foundation of China's national economy,and they are important forces to promote economic and social development.They play an irreplaceable role in promoting scientific and technological progress,increasing social employment,expanding foreign trade,and other aspects in which they have become an important part of China's socialist market economy.Based on the research background of international trade financing,this paper analyzes the problems existing in the international trade fmancing of small and medium-sized enterprises in China to put forward countermeasures and suggestions,hoping to help these small and medium-sized enterprises solve the financing problem so as to achieve a healthy development in the international trade market environment.

Beijing Stock Exchange Supports Innovation-Driven Small and Medium-sized Enterprises

On September 2,2021,general secretary Xi Jinping announced in his speech at the China International Fair for Trade in Services—Global Services Trade Summit,that the State will continue to support innovation and development of small-and medium-sized enterprises,deepen the reform of the National Equities Exchange and Quotations(NEEQ) and set up the Beijing Stock Exchange to build a main camp for serving innovative small-and medium-sized enterprises.

Foreign Trade Shortens the Distance between an Enterprise and the World

The Tongling Non-ferrous Metals(Group) company was known forproducing the first copper ingot afterthe founding of new China.Through 44years and generations of exploration, thecompany has now become a large nationalconglomerate of more than 30 units, includingsix mines, two smelting plants and threecopper processing factories, coordinated withmining, dressing, smelting and deepprocessing, with its products reaching 150varieties. The Jinlong Copper Co. Ltd.,jointly invested by this company and Japan’sSumitomo co., is the largest Sino-Foreignjoint venture in Anhui Province and theChina National Non-ferrous Metals IndustryCorporation, and is planned to go into operationin 1996. By then, the Tongling Non-ferrousMetals (Group) Company will be highlightedin China’s copper industry. In June 1993, the Ministry of ForeignTrade and Economic Cooperation authorizedthe company with the right of import andexport operation. In October the same year,the company established its own foreigntrade institution--the Tongling Non-ferrousMetals Import and Export Company,

Research on the Logistics Cost and Enterprise Operation Efficiency with the Influences on International Trade

In this paper, we conduct research on the logistics cost and enterprise operation efficiency with the influences on international trade. With the deepening of the reform of the market economic system in our country, and the advancement of the reform of state-owned enterprises and government function transformation, the company is out of the shackles of the planned economy as the main body of market competition, at the same time, government regulators and investors in a state-owned capital market, all kinds of financial intermediaries and the information intermediary organizations, as well as the associated with the interests of closely linked to the enterprise value creation main body, including business owners and operators have yet to establish a timely to adapt to the market economy system. With this guidance, we propose the novel international trade paradigm for the companies that will enhance the efficiency of the general management.

Shanghai Free Trade Zone Within The Enterprise Capital Operating Condition Research

Development of Shanghai Free Trade Zone, pushing up the logistics support industrial transformation and upgrading, boosting the overall domestic demand for modem logistics services. In this paper, trade logistics company, for example, through the report analyzes the main indicators of change in company focus on capital before and after the Shanghai Free Trade Zone, it analyze the impact and significance of argumentation Shanghai Free-Trade Zone for logistics and warehousing industry in the region, hoping to fund operations management who inspire.

Domestic Trade Successfully Operated By A Foreign-Trade Enterprise

Ahub of commerce in SouthwesternChina, Chengdu in Sichuan Provinceis well known for its thriving and welldeveloped commerce and trade, with rowupon row of modern shopping centers andbazaars scattered along various specializedbusiness streets. One can imagine how fierceis the competition behind the scenes of thebustle and boom of business! Downtown, anarea known as the Manhattan of Chengdu, anewly built commercial building is growingup, becoming one of the five biggest shoppingcenters in the city; it is the Chengdu ForeignTrade building which opened to businessonly a year ago.

The Future of Quasi Emission Control Enterprises in a Low-Carbon Economy

At 9:30 a.m.on July 16,2021,the national carbon emission trading market started operation at Shanghai Environment and Energy Exchange.On the first day,the carbon emission quota totaled 4.244 million tons,with a turnover of 210 million yuan and an average transaction price of 51.23 yuan/ton.The carbon trading price is on the rise.With the gradual maturity and improvement of conditions,there will be about 8,000 to 10,000 emission control enterprises under the eight major industries in the future,and China’s carbon market will become the largest market covering greenhouse gas emissions worldwide.It can be seen that carbon trading is a“big deal.”If enterprises participate well,they will form carbon assets,but if they do not participate well,they will form carbon liabilities.This paper analyzes the opportunities and challenges faced by quasi emission control enterprises under the background of low-carbon economy.This provides certain reference significance for these enterprises to actively participate in the national carbon trading market in the future.

Policies Aiming at Stabilizing Foreign Trade Continue to Work

On May 30,t he Ch ina Council for the Promotion of International Trade(CCPIT)held a regular press conference.Zhao Ping,the spokesperson for the CCPIT,said that since the beginning of this year,the number of issued ATA Carnets has increased significantly,reflecting the fact that China’s foreign trade policy portfolio is taking effect,foreign trade enterprises have been more active,and their motivation and enthusiasm for expanding the international market have continued to rise.

How Can Foreign Trade Be Stabilized?

At an economy-themed press conference held on the day of the Second Session of the 14th National People's Congress,Minister of Commerce Wang Wentao admitted that the situation of foreign trade situation is still"very severe"this year.When it comes to the future policies for stabilizing foreign trade,Wang Wentao said that the government will provide better financial services forforeign trade enterprises.

Booming or sinking: How does an emission trading scheme affect enterprise value?

Unlike prior research that shows climate policy improves enterprise value,this study reveals the negative im‐pact of emission trading schemes(ETSs)on enterprise value under China’s unique institutional backdrop and identifies the mechanism through which this impact occurs.Data from a sample of 1267 listed companies in the Chinese stock market from 2005 to 2018 models are analyzed using difference-in-differences(DID)and propensity score matching methods(PSM).The results suggest that ETSs have an average short-term negative impact on enterprise value,which peaks in the second year of the ETS and diminishes from the fourth year.Further analysis reveals that ETSs did not cause significant operating losses for firms but reduced their value through the market response mechanism.ETS enterprises experienced significant declines in their annual stock transaction amounts and in returns on individual shares.This indicates that investors expect ETSs to ad‐versely affect pilot enterprises and accordingly adopt disinvestment strategies.Despite the short-term negative effect,ETSs effectively encourage enterprises to innovate green technologies to mitigate long-term carbon risk.