This paper presents an overview of China＇s economic development and reform over the past 60 years, mapping out the course of how Chinese people overcame ideological fetters constraints, redirected reform despite barr...This paper presents an overview of China＇s economic development and reform over the past 60 years, mapping out the course of how Chinese people overcame ideological fetters constraints, redirected reform despite barriers and deviations, and brought into contrast the distinction between government and the market.In summary, it reinforces the fact that further reofrm is the only answer to China＇s complex economic contradictions.展开更多
Established during the long years of revolutionary struggle and the founding of the People＇s Republic of China （PRC）, the Communist Party of China（CPC）-led decision-making system has a historical rationality. Bef...Established during the long years of revolutionary struggle and the founding of the People＇s Republic of China （PRC）, the Communist Party of China（CPC）-led decision-making system has a historical rationality. Before China＇s reform and opening-up was implemented in 1978, the decision-making system highlighted centralization which led to disadvantages such as non-existent specialized division of functions, a low level of institutionalization, heavy reliance on experience, an enclosed decision-making mode and non-existent self-correction mechanisms. These disadvantages were institutional factors which ultimately caused the historic tragedy of ＂ Cultural Revolution. ＂After the reform and opening-up, the decision-making structure, mode and mechanism were reformed in order to promote scientific, democratic and law-based decisions. History has shown that the reform has successfully overcome various challenges brought about by China＇s rapidly changing economy and society. From the perspective of political development, the reform has promoted several transitions： from individual controlled decision-making system to a more democratic decision-making process, from being empirical to scientifically-based, from highly centralized decision-making organizations to decentralized one, from an enclosed mode to an open mode, from passive to active participation in the decision-making process and from a non-institutionalized to an institutionalized system. Therefore, the CPC-led open decision-making model based on science and laws and participated by other parties has taken an initial shape.展开更多
Since the reform and opening-up policy was implemented in China, the development of China＇ s medical and health undertakings has been very significant along with the rapid development of economy, and the people＇ s h...Since the reform and opening-up policy was implemented in China, the development of China＇ s medical and health undertakings has been very significant along with the rapid development of economy, and the people＇ s health level is steadily improved and the life expectancy is on the top list in the developing world. However, there are remarkable health differences among urban and rural areas, different regions, and small, medium-sized and large cities. In this paper, on the basis of the healthy social economic decision theory, the characteristics and causes of the regional difference between China＇ s residents in the health level are systematically analyzed, and then the strategies for the harmonious regional development of the Chinese population health are deeply discussed.展开更多
This paper will analyze the history and evolvements of capital system in order to grasp the tendency of capital system reform. Managers should give more attention to the establishing of reform institution and the supe...This paper will analyze the history and evolvements of capital system in order to grasp the tendency of capital system reform. Managers should give more attention to the establishing of reform institution and the supervising of company capital system＇ s operation in the process of reform. Managers should also attach great importance to the third party and creditors when they value the interests of shareholders. It is imperfect to only emphasis or value the interests of the shareholders or the third party and creditors. In addition, creditor＇ s self-protection of civil action should obtain much more approaches in the process of reform.展开更多
Over the course of the epochal 30 years, i.e., from the founding of People＇s Republic of China in 1949 till the launching of Chinese economic reform in 1978, the Communist Party of China （CPC） underwent a tremendou...Over the course of the epochal 30 years, i.e., from the founding of People＇s Republic of China in 1949 till the launching of Chinese economic reform in 1978, the Communist Party of China （CPC） underwent a tremendous transformation from the founding to the ruling party of the country. The present research examines the historical, social as well as political aspects of the identity crisis and the CPC was suffering from in its adventurous efforts to chart a course for the socialist transformation of China. It was tempted to resume its leadership role in the revolution given the mounting tension generated by the Cold War and the prevailing revolutionary beliefs within the Party. Nevertheless, it was obliged to restore the country＇s social and political order after the sweeping national reform. In search of an adequate interpretation for the various attempts the Party made in exploring its refreshed identity, hence resolving the crisis, the study focuses on a similar crisis which befell the Party leader, Mao Zedong, in his own struggle against the con- fusion caused by his potentially double role as the head of both a founding and a ruling party. The study suggests that Mao＇s misidentification of his own political role inevitably led to the Party＇s dysfunctions, and closer investigation into the leader＇s personal dilemma offers new insight into such tragic events as the Anti- Rightist Movement, the Great Leap Forward, and the Cultural Revolution.展开更多
China＇s recent declaration of principles on its exchange rate mechanism has made it very clear that any move should be on China＇s own initiative; such a move should be sustainable and under control. China has adopte...China＇s recent declaration of principles on its exchange rate mechanism has made it very clear that any move should be on China＇s own initiative; such a move should be sustainable and under control. China has adopted gradualism in the exchange rate reform process. On July 21st, 2005, China changed Renminbi （RMB） pariy （appreciation） by 2 percent, signaling the exchange market reform process. This paper is to study the past history of the crawling-peg of RMB on the US dollar with a view of its future reform. The flexibility provided by the crawling-peg still fits well with China＇s status quo. However, the flexible mechanism should follow the trend of China＇s economic development with well-timed parity changes. The extent of the fluctuation band rests upon China＇s ability to maintain its currency stability to counter future speculation and shocks. Only when the market mechanism is restored in China can an equilibrium RMB exchange rate be reached.展开更多
文摘This paper presents an overview of China＇s economic development and reform over the past 60 years, mapping out the course of how Chinese people overcame ideological fetters constraints, redirected reform despite barriers and deviations, and brought into contrast the distinction between government and the market.In summary, it reinforces the fact that further reofrm is the only answer to China＇s complex economic contradictions.
文摘Established during the long years of revolutionary struggle and the founding of the People＇s Republic of China （PRC）, the Communist Party of China（CPC）-led decision-making system has a historical rationality. Before China＇s reform and opening-up was implemented in 1978, the decision-making system highlighted centralization which led to disadvantages such as non-existent specialized division of functions, a low level of institutionalization, heavy reliance on experience, an enclosed decision-making mode and non-existent self-correction mechanisms. These disadvantages were institutional factors which ultimately caused the historic tragedy of ＂ Cultural Revolution. ＂After the reform and opening-up, the decision-making structure, mode and mechanism were reformed in order to promote scientific, democratic and law-based decisions. History has shown that the reform has successfully overcome various challenges brought about by China＇s rapidly changing economy and society. From the perspective of political development, the reform has promoted several transitions： from individual controlled decision-making system to a more democratic decision-making process, from being empirical to scientifically-based, from highly centralized decision-making organizations to decentralized one, from an enclosed mode to an open mode, from passive to active participation in the decision-making process and from a non-institutionalized to an institutionalized system. Therefore, the CPC-led open decision-making model based on science and laws and participated by other parties has taken an initial shape.
文摘Since the reform and opening-up policy was implemented in China, the development of China＇ s medical and health undertakings has been very significant along with the rapid development of economy, and the people＇ s health level is steadily improved and the life expectancy is on the top list in the developing world. However, there are remarkable health differences among urban and rural areas, different regions, and small, medium-sized and large cities. In this paper, on the basis of the healthy social economic decision theory, the characteristics and causes of the regional difference between China＇ s residents in the health level are systematically analyzed, and then the strategies for the harmonious regional development of the Chinese population health are deeply discussed.
文摘This paper will analyze the history and evolvements of capital system in order to grasp the tendency of capital system reform. Managers should give more attention to the establishing of reform institution and the supervising of company capital system＇ s operation in the process of reform. Managers should also attach great importance to the third party and creditors when they value the interests of shareholders. It is imperfect to only emphasis or value the interests of the shareholders or the third party and creditors. In addition, creditor＇ s self-protection of civil action should obtain much more approaches in the process of reform.
文摘Over the course of the epochal 30 years, i.e., from the founding of People＇s Republic of China in 1949 till the launching of Chinese economic reform in 1978, the Communist Party of China （CPC） underwent a tremendous transformation from the founding to the ruling party of the country. The present research examines the historical, social as well as political aspects of the identity crisis and the CPC was suffering from in its adventurous efforts to chart a course for the socialist transformation of China. It was tempted to resume its leadership role in the revolution given the mounting tension generated by the Cold War and the prevailing revolutionary beliefs within the Party. Nevertheless, it was obliged to restore the country＇s social and political order after the sweeping national reform. In search of an adequate interpretation for the various attempts the Party made in exploring its refreshed identity, hence resolving the crisis, the study focuses on a similar crisis which befell the Party leader, Mao Zedong, in his own struggle against the con- fusion caused by his potentially double role as the head of both a founding and a ruling party. The study suggests that Mao＇s misidentification of his own political role inevitably led to the Party＇s dysfunctions, and closer investigation into the leader＇s personal dilemma offers new insight into such tragic events as the Anti- Rightist Movement, the Great Leap Forward, and the Cultural Revolution.
基金This study is financed by the project of National Natural Science Foundation of China.
文摘China＇s recent declaration of principles on its exchange rate mechanism has made it very clear that any move should be on China＇s own initiative; such a move should be sustainable and under control. China has adopted gradualism in the exchange rate reform process. On July 21st, 2005, China changed Renminbi （RMB） pariy （appreciation） by 2 percent, signaling the exchange market reform process. This paper is to study the past history of the crawling-peg of RMB on the US dollar with a view of its future reform. The flexibility provided by the crawling-peg still fits well with China＇s status quo. However, the flexible mechanism should follow the trend of China＇s economic development with well-timed parity changes. The extent of the fluctuation band rests upon China＇s ability to maintain its currency stability to counter future speculation and shocks. Only when the market mechanism is restored in China can an equilibrium RMB exchange rate be reached.
