This paper examines the effect of supply-side structural reforms on China's potential economic growth rate in the coming decade according to the data the authors have gathered. Under the rapid growth scenario with th...This paper examines the effect of supply-side structural reforms on China's potential economic growth rate in the coming decade according to the data the authors have gathered. Under the rapid growth scenario with the implementation of supply-side structural reforms, China's potential economic growth rate will reach an average of 6.5% and 5.8% respectively in the 13th Five-year Plan (2016-2020) and 14th Five-year Plan (2021-2025) periods. These rates are 0.2 and 0.3 percentage points higher, respectively, than that under the baseline scenario with the inertia of historic trends. In implementing supply-side structural reforms, China must transform governmental functions, break monopolies, create a comprehensive competitive market environment, foster the creation of pro-innovation mechanisms, refocus on quality and efficiency, and raise capital utilization and labor productivity.展开更多
Despite significant improvements in transport, energy and information communication technology (ICT) infrastructures, inadequacies still exist in China's infrastructure development in light of emerging demand and i...Despite significant improvements in transport, energy and information communication technology (ICT) infrastructures, inadequacies still exist in China's infrastructure development in light of emerging demand and industrial transition and upgrade. China lags far behind advanced economies such as the United States, Germany and Japan in terms of the quality of transport infrastructures except railroad," electricity infrastructure is insufficient and service efficiency needs improvement; ICT infrastructure requires all-round upgrade and gaps in Internet bandwidth are striking. This paper suggests that, based on the needs of supply-side structural reform, China must reform its investment and financing systems to enhance the efficiency of infrastructure investment. Efforts must be made to enhance air transport and port infrastructure to support industrial upgrade; to develop the energy Internet to address emerging demands; and to forge a new generation of ICT infrastructure with industrial Internet as the priority to prepare China for the new round of industrial competition.展开更多
The agriculture of Uzbekistan always played the important role in economy and in social life of the country. In spite of the fact that new branches of production have been created in the last years, and much higher ra...The agriculture of Uzbekistan always played the important role in economy and in social life of the country. In spite of the fact that new branches of production have been created in the last years, and much higher rates the industry and service sphere were developed, the agriculture remains the one of leading directions and takes the important place in gross national product production. Its role is connected also with that it is the supplier of raw materials for quickly developing and demanded branches of light and food industry, and by that the considerable part of Uzbek population lives in rural areas and this or another ways connected with agrarian production. However, for the further development of this branch there are a number of barriers. From them the limitation of water resources and reclamation condition of the lands as well as the food security achieving are the main.展开更多
China's economic growth miracle despite complicated administrative approval formalities prompted us to raise the following question: ls it true that reforming administrative approval will promote economic growth? B...China's economic growth miracle despite complicated administrative approval formalities prompted us to raise the following question: ls it true that reforming administrative approval will promote economic growth? Based on our analysis on market entry, we discovered that reforming administrative approval will spur economic growth by reducing transaction cost for firms. Administrative approval may suppress social cost and propel China's economic growth; China's gradualist approval reforms may indeed propel economic growth by reducing transaction cost for firms. With the data of prefecture-level cities during 2000-2013 and data of companies listed on the SME board during 2010-2014, we tested the effects of approval reforms on economic growth and on transaction cost, and employed instrumental variable and PSM for the treatment of the endogeneity problem - all these tests led to robust and consistent results. Moreover, we discovered that difference in government policy implementation in the approval process is the root cause of corruption and rent seeking.展开更多
The Central Economic Working Conference proposed supplyside structural reforms which can be regarded as major innovations and necessary measures that adapt to and lead the new normal of economic development. The 13^(t...The Central Economic Working Conference proposed supplyside structural reforms which can be regarded as major innovations and necessary measures that adapt to and lead the new normal of economic development. The 13^(th) Five Year Plan is a critical period for the transformation of economic development patterns and economic restructuring, so clarifying the theoretical values and practical significances of the supply-side structural reforms, making a clear explanation of the scientific connotations and policy implications of these reforms from a scientific standpoint, and discussing concrete measures to promote the reforms against the background of the economic new normal not only has academic values but also has important practical implications. Viewed from the practical standpoint of China' s new normal and through analyzing the basic national conditions, this article proposes a roadmap for implementing the proposed reforms and points out that only by doing well in the hybrid operation of "addition, subtraction, multiplication and division", based on the framework of the "five policy pillars", an innovative path of the supply-side structural reforms with Chinese characteristics can be paved.展开更多
Progressive Era plays a vital part in building American political value and serves a critical role in American history.As a response to the vast changes brought by industrialization and other driving forces,multiple r...Progressive Era plays a vital part in building American political value and serves a critical role in American history.As a response to the vast changes brought by industrialization and other driving forces,multiple reforms were put into action for self-serving and bringing equality and benefits for the masses.By addressing ideas,impulses,and issues stemming from industrialization of American society,it established much of the tone of American politics.展开更多
In this paper, we conduct research on the current condition of college tourism personnel training mode and vocational education reforms. Paying attention to the current social development innovation spirit, how to mak...In this paper, we conduct research on the current condition of college tourism personnel training mode and vocational education reforms. Paying attention to the current social development innovation spirit, how to make students possess the necessary ability to innovate, is this the prime problem of the education. A lot of highly educated personnel in order to better adapt to social development and changes, constantly to learn knowledge, also has the characteristics of vocational college students. Our research combines the characteristics of the college tourism personnel training mode with the education reform which will enhance the performance of the teaching process.展开更多
The worldwide strategy for the development of telecommunications has been the opening of the telecom sector to competition and private investment.This paper focuses on telecommunications reforms and its outcomes in Pa...The worldwide strategy for the development of telecommunications has been the opening of the telecom sector to competition and private investment.This paper focuses on telecommunications reforms and its outcomes in Pakistan and discusses some lessons and suggestions for China who is still in the process of formulating telecom law.After liberalization and deregulation,telecom industry in Pakistan is tremendously growing and is in a transition phase from the monopoly to the competition.Government policies and independent regulator is playing critical role in this growth.This paper suggests that speed up formulation of Telecom Law,establishment of independent regulatory and antitrust agencies are need of time for the China telecom industry.Further,China will have to give special attention to accommodate convergence in its coming model of telecommunications reforms.展开更多
New and distinctive regions of economic interaction and growth, known as Extended Metropolitan Regions (EMRs), are emerging in China. This paper will examine the role of the various levels of the Chinese governments a...New and distinctive regions of economic interaction and growth, known as Extended Metropolitan Regions (EMRs), are emerging in China. This paper will examine the role of the various levels of the Chinese governments and their administrative reforms in the development of one of the urbanising regions in China: the Shenyang Dalian EMR, Liaoning Province. It is primarily concerned with to what extent EMR's spatial growth pattern is influenced by governmental policies and how the changes in administrative boundaries have impacted rural urban relations.展开更多
Chinese social and economic history is both influenced by and,to a certain extent,married with Chinese political regimes.Various political dynasties from the past have each exercised significant control of Chinese soc...Chinese social and economic history is both influenced by and,to a certain extent,married with Chinese political regimes.Various political dynasties from the past have each exercised significant control of Chinese social and economic environments,and continue to exert influence even to the present day.Three of these influential periods include the Kang Qian Flourishing Age(1723-1796),the Qing Dynasty Decline(1800s-1912),and the People’s Republic of China Communist Control(1949-present).A review and in-depth examination of each regime helps to both understand where China is today and also how it is likely to evolve in the future.展开更多
In the recent decades, the academic literature engages more and more with reforms in the education system. These reforms that are worldwide seek to create change in education (Adler, 2010). If it's regarding the po...In the recent decades, the academic literature engages more and more with reforms in the education system. These reforms that are worldwide seek to create change in education (Adler, 2010). If it's regarding the position of the school principal as designer leader has significant role in the reforms management, but, moreover the role of this article is to the change of the role of the school principal over the years. The functions of the school principal integrate managerial aspects and leadership aspects and its importance is immenseness of the operation of the school organization, both in the terms of the organization customers, the pupils, and in the terms of the organization's staff--teachers. Not less important is the operation and implementation of educational reforms. We have to see the role of the school principal as the most significant to the implementing of the reform in the education system.展开更多
The way of English teaching for English majors is a process of change.The paper aims at providing some basic ways of how to do the job efficiently and how to carry out a reform on the basis of scientific research.The ...The way of English teaching for English majors is a process of change.The paper aims at providing some basic ways of how to do the job efficiently and how to carry out a reform on the basis of scientific research.The paper points out that only if students can participate actively in the process of learning,combine English culture and thinking mode,use the right hemisphere and left hemisphere of the brain together,and stress the graduation thesis,can teaching and learning go more efficiently.展开更多
The fiscal system is an important part of national economic management and deals with the division of financial responsibility and power, regulates and defines the fiscal activities among different levels of governmen...The fiscal system is an important part of national economic management and deals with the division of financial responsibility and power, regulates and defines the fiscal activities among different levels of governments. The changes in economic system and economic structure decide the changes of fiscal function and fiscal structure, which results in the changes in intergovernmental distribution form and local government behavior. This paper takes a look at the stages of China's fiscal reform process and the impacts on local government behavior, and tries to find measures for perfecting the fiscal system reform to optimize local government behavior and guarantee a healthy national economy.展开更多
Supply-side structural reforms are structural adjustments and institutional reforms to address the mismatch between supply and demand and improve TFP. The mismatch is exhibited at the supply side and arises from struc...Supply-side structural reforms are structural adjustments and institutional reforms to address the mismatch between supply and demand and improve TFP. The mismatch is exhibited at the supply side and arises from structural contradictions and must be addressed through reforms. Supply-side structural reforms can be analyzed at the levels of firms, industries and government to arrive at theoretical and systematic conclusions that offer practical guidance. Based on this perspective, this paper proposes policy recommendations on how to deal with zombie firms, reduce cost for manufacturing companies, deepen SOE reforms, eliminate overcapacity, implement "Made in China 2025" and Internet+ strategies, promote Beijing-l^anjin-Hebei integrated development, as well as develop the Yangtze River Economic Belt and the old industrial bases of the northeast.展开更多
This paper aims to explore the effects of market-oriented reforms on industrial technology progress.Based on a theoretical analysis,we performed an empirical study with a marketization index and panel data of high-tec...This paper aims to explore the effects of market-oriented reforms on industrial technology progress.Based on a theoretical analysis,we performed an empirical study with a marketization index and panel data of high-tech sectors in China.We found that market-oriented reforms had significantly propelled technology progress in China’s high-tech sectors,and the effects became more evident after China’s WTO entry.Market-oriented reforms induced technology progress by increasing capital allocation efficiency,R&D input,and technology diffusion.Among various aspects of market-oriented reforms,the institutional environment exerted the most significant effects,followed by the economy’s non-state sector,product market development,and factor market development;the government-market relationship index influenced technology’s progress the least.The effects are heterogeneous across sectors with different technology attributes and more significant for technology-intensive sectors.Our findings offer policy implications for China’s ongoing market-oriented reforms and policy design for technology progress in high-tech sectors.展开更多
Tax procedures are factors that strongly affect the business environment. A simple and convenient tax procedures system will contribute to a good business environment by easing of tax returns preparation, reducing tax...Tax procedures are factors that strongly affect the business environment. A simple and convenient tax procedures system will contribute to a good business environment by easing of tax returns preparation, reducing tax compliance costs, and preventing corruption. This paper examines the results and impacts of previous tax procedures reform on Vietnam's business environment, identifies challenges of tax procedures reform now and the coming years, and discusses areas where further reforms are needed to sustain tax revenue and reduce compliance costs including: (1) wansparent and comprehensive guidance to all tax laws and other legal tax documents; (2) widening the application of risk management in tax administration; (3) continuing simplification of tax procedures; and (4) development of IT in tax administration.展开更多
This paper summarizes the reforms happened in the Chinese electric power sector in recent years.Although some major measures for the electricity reforms have made progress in a phase sense,including direct trading bet...This paper summarizes the reforms happened in the Chinese electric power sector in recent years.Although some major measures for the electricity reforms have made progress in a phase sense,including direct trading between major electricity producers and consumers,energy-saving power dispatch and the increase of electricity prices,the deployment of these reforms into practice is facing more difficulties than expected.The author also gives an outlook for the electric power reform in the 12th Five-Year Plan period,and deems that the government may not take substantial steps to reform the electricity system.Reforms on the electricity system will continue in a more moderate manner and focus on electricity prices.展开更多
文摘This paper examines the effect of supply-side structural reforms on China's potential economic growth rate in the coming decade according to the data the authors have gathered. Under the rapid growth scenario with the implementation of supply-side structural reforms, China's potential economic growth rate will reach an average of 6.5% and 5.8% respectively in the 13th Five-year Plan (2016-2020) and 14th Five-year Plan (2021-2025) periods. These rates are 0.2 and 0.3 percentage points higher, respectively, than that under the baseline scenario with the inertia of historic trends. In implementing supply-side structural reforms, China must transform governmental functions, break monopolies, create a comprehensive competitive market environment, foster the creation of pro-innovation mechanisms, refocus on quality and efficiency, and raise capital utilization and labor productivity.
文摘Despite significant improvements in transport, energy and information communication technology (ICT) infrastructures, inadequacies still exist in China's infrastructure development in light of emerging demand and industrial transition and upgrade. China lags far behind advanced economies such as the United States, Germany and Japan in terms of the quality of transport infrastructures except railroad," electricity infrastructure is insufficient and service efficiency needs improvement; ICT infrastructure requires all-round upgrade and gaps in Internet bandwidth are striking. This paper suggests that, based on the needs of supply-side structural reform, China must reform its investment and financing systems to enhance the efficiency of infrastructure investment. Efforts must be made to enhance air transport and port infrastructure to support industrial upgrade; to develop the energy Internet to address emerging demands; and to forge a new generation of ICT infrastructure with industrial Internet as the priority to prepare China for the new round of industrial competition.
文摘The agriculture of Uzbekistan always played the important role in economy and in social life of the country. In spite of the fact that new branches of production have been created in the last years, and much higher rates the industry and service sphere were developed, the agriculture remains the one of leading directions and takes the important place in gross national product production. Its role is connected also with that it is the supplier of raw materials for quickly developing and demanded branches of light and food industry, and by that the considerable part of Uzbek population lives in rural areas and this or another ways connected with agrarian production. However, for the further development of this branch there are a number of barriers. From them the limitation of water resources and reclamation condition of the lands as well as the food security achieving are the main.
文摘China's economic growth miracle despite complicated administrative approval formalities prompted us to raise the following question: ls it true that reforming administrative approval will promote economic growth? Based on our analysis on market entry, we discovered that reforming administrative approval will spur economic growth by reducing transaction cost for firms. Administrative approval may suppress social cost and propel China's economic growth; China's gradualist approval reforms may indeed propel economic growth by reducing transaction cost for firms. With the data of prefecture-level cities during 2000-2013 and data of companies listed on the SME board during 2010-2014, we tested the effects of approval reforms on economic growth and on transaction cost, and employed instrumental variable and PSM for the treatment of the endogeneity problem - all these tests led to robust and consistent results. Moreover, we discovered that difference in government policy implementation in the approval process is the root cause of corruption and rent seeking.
文摘The Central Economic Working Conference proposed supplyside structural reforms which can be regarded as major innovations and necessary measures that adapt to and lead the new normal of economic development. The 13^(th) Five Year Plan is a critical period for the transformation of economic development patterns and economic restructuring, so clarifying the theoretical values and practical significances of the supply-side structural reforms, making a clear explanation of the scientific connotations and policy implications of these reforms from a scientific standpoint, and discussing concrete measures to promote the reforms against the background of the economic new normal not only has academic values but also has important practical implications. Viewed from the practical standpoint of China' s new normal and through analyzing the basic national conditions, this article proposes a roadmap for implementing the proposed reforms and points out that only by doing well in the hybrid operation of "addition, subtraction, multiplication and division", based on the framework of the "five policy pillars", an innovative path of the supply-side structural reforms with Chinese characteristics can be paved.
文摘Progressive Era plays a vital part in building American political value and serves a critical role in American history.As a response to the vast changes brought by industrialization and other driving forces,multiple reforms were put into action for self-serving and bringing equality and benefits for the masses.By addressing ideas,impulses,and issues stemming from industrialization of American society,it established much of the tone of American politics.
文摘In this paper, we conduct research on the current condition of college tourism personnel training mode and vocational education reforms. Paying attention to the current social development innovation spirit, how to make students possess the necessary ability to innovate, is this the prime problem of the education. A lot of highly educated personnel in order to better adapt to social development and changes, constantly to learn knowledge, also has the characteristics of vocational college students. Our research combines the characteristics of the college tourism personnel training mode with the education reform which will enhance the performance of the teaching process.
文摘The worldwide strategy for the development of telecommunications has been the opening of the telecom sector to competition and private investment.This paper focuses on telecommunications reforms and its outcomes in Pakistan and discusses some lessons and suggestions for China who is still in the process of formulating telecom law.After liberalization and deregulation,telecom industry in Pakistan is tremendously growing and is in a transition phase from the monopoly to the competition.Government policies and independent regulator is playing critical role in this growth.This paper suggests that speed up formulation of Telecom Law,establishment of independent regulatory and antitrust agencies are need of time for the China telecom industry.Further,China will have to give special attention to accommodate convergence in its coming model of telecommunications reforms.
文摘New and distinctive regions of economic interaction and growth, known as Extended Metropolitan Regions (EMRs), are emerging in China. This paper will examine the role of the various levels of the Chinese governments and their administrative reforms in the development of one of the urbanising regions in China: the Shenyang Dalian EMR, Liaoning Province. It is primarily concerned with to what extent EMR's spatial growth pattern is influenced by governmental policies and how the changes in administrative boundaries have impacted rural urban relations.
文摘Chinese social and economic history is both influenced by and,to a certain extent,married with Chinese political regimes.Various political dynasties from the past have each exercised significant control of Chinese social and economic environments,and continue to exert influence even to the present day.Three of these influential periods include the Kang Qian Flourishing Age(1723-1796),the Qing Dynasty Decline(1800s-1912),and the People’s Republic of China Communist Control(1949-present).A review and in-depth examination of each regime helps to both understand where China is today and also how it is likely to evolve in the future.
文摘In the recent decades, the academic literature engages more and more with reforms in the education system. These reforms that are worldwide seek to create change in education (Adler, 2010). If it's regarding the position of the school principal as designer leader has significant role in the reforms management, but, moreover the role of this article is to the change of the role of the school principal over the years. The functions of the school principal integrate managerial aspects and leadership aspects and its importance is immenseness of the operation of the school organization, both in the terms of the organization customers, the pupils, and in the terms of the organization's staff--teachers. Not less important is the operation and implementation of educational reforms. We have to see the role of the school principal as the most significant to the implementing of the reform in the education system.
文摘In March 2019, the Trial Measures for Social Benefit Evaluation and Assessment of State-owned Art Troupes was issued, which is of great significance.
文摘The way of English teaching for English majors is a process of change.The paper aims at providing some basic ways of how to do the job efficiently and how to carry out a reform on the basis of scientific research.The paper points out that only if students can participate actively in the process of learning,combine English culture and thinking mode,use the right hemisphere and left hemisphere of the brain together,and stress the graduation thesis,can teaching and learning go more efficiently.
基金This paper is supported by National Natural Science Foundation of China (No. 70373051). The authors are grateful to Penny Prime for helpful discussion.
文摘The fiscal system is an important part of national economic management and deals with the division of financial responsibility and power, regulates and defines the fiscal activities among different levels of governments. The changes in economic system and economic structure decide the changes of fiscal function and fiscal structure, which results in the changes in intergovernmental distribution form and local government behavior. This paper takes a look at the stages of China's fiscal reform process and the impacts on local government behavior, and tries to find measures for perfecting the fiscal system reform to optimize local government behavior and guarantee a healthy national economy.
文摘Supply-side structural reforms are structural adjustments and institutional reforms to address the mismatch between supply and demand and improve TFP. The mismatch is exhibited at the supply side and arises from structural contradictions and must be addressed through reforms. Supply-side structural reforms can be analyzed at the levels of firms, industries and government to arrive at theoretical and systematic conclusions that offer practical guidance. Based on this perspective, this paper proposes policy recommendations on how to deal with zombie firms, reduce cost for manufacturing companies, deepen SOE reforms, eliminate overcapacity, implement "Made in China 2025" and Internet+ strategies, promote Beijing-l^anjin-Hebei integrated development, as well as develop the Yangtze River Economic Belt and the old industrial bases of the northeast.
基金by the General Program of the National Science Foundation of China(NSFC)“Study on the Effects of Factor Price Distortion on the Technology Sophistication of Exports from High-tech Sectors and Policy Response”(Grant No.71773107).
文摘This paper aims to explore the effects of market-oriented reforms on industrial technology progress.Based on a theoretical analysis,we performed an empirical study with a marketization index and panel data of high-tech sectors in China.We found that market-oriented reforms had significantly propelled technology progress in China’s high-tech sectors,and the effects became more evident after China’s WTO entry.Market-oriented reforms induced technology progress by increasing capital allocation efficiency,R&D input,and technology diffusion.Among various aspects of market-oriented reforms,the institutional environment exerted the most significant effects,followed by the economy’s non-state sector,product market development,and factor market development;the government-market relationship index influenced technology’s progress the least.The effects are heterogeneous across sectors with different technology attributes and more significant for technology-intensive sectors.Our findings offer policy implications for China’s ongoing market-oriented reforms and policy design for technology progress in high-tech sectors.
文摘Tax procedures are factors that strongly affect the business environment. A simple and convenient tax procedures system will contribute to a good business environment by easing of tax returns preparation, reducing tax compliance costs, and preventing corruption. This paper examines the results and impacts of previous tax procedures reform on Vietnam's business environment, identifies challenges of tax procedures reform now and the coming years, and discusses areas where further reforms are needed to sustain tax revenue and reduce compliance costs including: (1) wansparent and comprehensive guidance to all tax laws and other legal tax documents; (2) widening the application of risk management in tax administration; (3) continuing simplification of tax procedures; and (4) development of IT in tax administration.
文摘This paper summarizes the reforms happened in the Chinese electric power sector in recent years.Although some major measures for the electricity reforms have made progress in a phase sense,including direct trading between major electricity producers and consumers,energy-saving power dispatch and the increase of electricity prices,the deployment of these reforms into practice is facing more difficulties than expected.The author also gives an outlook for the electric power reform in the 12th Five-Year Plan period,and deems that the government may not take substantial steps to reform the electricity system.Reforms on the electricity system will continue in a more moderate manner and focus on electricity prices.