This paper examines China’s flying geese paradigm that serves as a key driver of a new pattern of the country’s economic development.Our results suggest that such a major power’s flying geese paradigm has taken sha...This paper examines China’s flying geese paradigm that serves as a key driver of a new pattern of the country’s economic development.Our results suggest that such a major power’s flying geese paradigm has taken shape in the aftermath of the global financial crisis in 2008.However,this paradigm has provincial heterogeneity in that industrial relocation varies across provinces.For instance,China’s central and western regions have shown differences while serving as destinations for labor-intensive industries and processing trade.This flying geese paradigm evolves in a slow and nonlinear manner,and may be subject to stagnation and even reversal.展开更多
Established in 1992,Zhejiang Alephan Group Co.,LTD is located in the world famous tourism city-Hangzhou,China,is a large-scale group company,consists of garments and textile manufacture and import & export,restaur...Established in 1992,Zhejiang Alephan Group Co.,LTD is located in the world famous tourism city-Hangzhou,China,is a large-scale group company,consists of garments and textile manufacture and import & export,restaurant,entertainment,tourism enterprises,arts crafts, agricultural products processing,biologic and ecological R&D etc.展开更多
The main subject of the report consists in showing positive course of Russian agriculture over the last years-entering the global market. That's why it is essential to make following steps to support manufactures aim...The main subject of the report consists in showing positive course of Russian agriculture over the last years-entering the global market. That's why it is essential to make following steps to support manufactures aiming them more actively at export: to develop export operations; to develop actively agro-industrial complex perspectives for entering the WTO; to ensure the food safety of agro-industrial complex while exporting the products; in the context of globalization Russian regions are entering more actively the global market as the relatively independent subjects of international economical relationships. The food safety of Russia-such condition of the state economy, when food independence of the country is provided, provision; physical and economic utility of food products is guaranteed by the state and corresponds to requirements of the legislation of the Russian Federation in safety and quality. Participation in the WTO gives to the country set of advantages in the decision food independence. In the world, the country and in region management of efficiency agriculture with a view of advancement to food safety, should be coordinated necessarily with food independence. State support of the Russian agro-industrial complex on the federal and regional levels when entering into the world market-is a factor of the formation of a new geopolitical status of Russia in the world arena, it is the new selection mechanism of the development of globalization processes in favor of the active participation of the agro-industrial complex of Russia in the world economy.展开更多
The distortion of GDP and foreign trade data has exaggerated China's foreign trade dependence degree and external imbalance degree. The distortion of GDP is mainly caused by the difference between the exchange rate m...The distortion of GDP and foreign trade data has exaggerated China's foreign trade dependence degree and external imbalance degree. The distortion of GDP is mainly caused by the difference between the exchange rate method and purchasing power parity (PPP) estimation. The distortion of trade data includes double counting of customs statistics as well as the discrepancy between the international trade flows of goods and of capital caused by the ownership issue. The re-estimation of China's trade dependence degree and external imbalance degree reveals that according to official statistics, in 2007 the dependence degree of China's foreign trade decreased to 31.59 percent from 68.02 percent and its imbalance degree decreased to 2.11 percent from 10.13 percent. Therefore, it is utterly groundless to accuse China of "manipulating the exchange rate."展开更多
We have collected data on China's 22 main trading partners for 1984-2012 and used System GMM to study the influence of "Made in China" on the "Great Moderation" of the global economy. Our research shows that alth...We have collected data on China's 22 main trading partners for 1984-2012 and used System GMM to study the influence of "Made in China" on the "Great Moderation" of the global economy. Our research shows that although trade scale, real effective exchange rate, oil prices, fixed capital investment and other variables have significantly expanded global economic volatility, "Made in China" has markedly restrained output growth rate fluctuations in countries around the world and price fluctuations in developed countries, helping the global economy develop with "high growth, low volatility." "Made in China" is a long-term variable in the context of the global value chain. China needs to take advantage of global value chain restructuring to further upgrade and develop processing and manufacturing industry and expand its presence in the international market. It could choose to adopt a "mirror strategy" and launch trade sanctions targeting counterpart industries or enterprises to counter irrational trade sanctions from the developed countries. At the same time, however, it is important for China to make its own contribution to improve global economic governance and building a new international economic order in the era of global value chains by strengthening its policy coordination with other countries.展开更多
文摘This paper examines China’s flying geese paradigm that serves as a key driver of a new pattern of the country’s economic development.Our results suggest that such a major power’s flying geese paradigm has taken shape in the aftermath of the global financial crisis in 2008.However,this paradigm has provincial heterogeneity in that industrial relocation varies across provinces.For instance,China’s central and western regions have shown differences while serving as destinations for labor-intensive industries and processing trade.This flying geese paradigm evolves in a slow and nonlinear manner,and may be subject to stagnation and even reversal.
文摘Established in 1992,Zhejiang Alephan Group Co.,LTD is located in the world famous tourism city-Hangzhou,China,is a large-scale group company,consists of garments and textile manufacture and import & export,restaurant,entertainment,tourism enterprises,arts crafts, agricultural products processing,biologic and ecological R&D etc.
文摘The main subject of the report consists in showing positive course of Russian agriculture over the last years-entering the global market. That's why it is essential to make following steps to support manufactures aiming them more actively at export: to develop export operations; to develop actively agro-industrial complex perspectives for entering the WTO; to ensure the food safety of agro-industrial complex while exporting the products; in the context of globalization Russian regions are entering more actively the global market as the relatively independent subjects of international economical relationships. The food safety of Russia-such condition of the state economy, when food independence of the country is provided, provision; physical and economic utility of food products is guaranteed by the state and corresponds to requirements of the legislation of the Russian Federation in safety and quality. Participation in the WTO gives to the country set of advantages in the decision food independence. In the world, the country and in region management of efficiency agriculture with a view of advancement to food safety, should be coordinated necessarily with food independence. State support of the Russian agro-industrial complex on the federal and regional levels when entering into the world market-is a factor of the formation of a new geopolitical status of Russia in the world arena, it is the new selection mechanism of the development of globalization processes in favor of the active participation of the agro-industrial complex of Russia in the world economy.
基金supported by the National Natural Science Foundation of China(Grant No.70810107020)National Social Science Fund of China(Grant No.11CJL038)
文摘The distortion of GDP and foreign trade data has exaggerated China's foreign trade dependence degree and external imbalance degree. The distortion of GDP is mainly caused by the difference between the exchange rate method and purchasing power parity (PPP) estimation. The distortion of trade data includes double counting of customs statistics as well as the discrepancy between the international trade flows of goods and of capital caused by the ownership issue. The re-estimation of China's trade dependence degree and external imbalance degree reveals that according to official statistics, in 2007 the dependence degree of China's foreign trade decreased to 31.59 percent from 68.02 percent and its imbalance degree decreased to 2.11 percent from 10.13 percent. Therefore, it is utterly groundless to accuse China of "manipulating the exchange rate."
文摘We have collected data on China's 22 main trading partners for 1984-2012 and used System GMM to study the influence of "Made in China" on the "Great Moderation" of the global economy. Our research shows that although trade scale, real effective exchange rate, oil prices, fixed capital investment and other variables have significantly expanded global economic volatility, "Made in China" has markedly restrained output growth rate fluctuations in countries around the world and price fluctuations in developed countries, helping the global economy develop with "high growth, low volatility." "Made in China" is a long-term variable in the context of the global value chain. China needs to take advantage of global value chain restructuring to further upgrade and develop processing and manufacturing industry and expand its presence in the international market. It could choose to adopt a "mirror strategy" and launch trade sanctions targeting counterpart industries or enterprises to counter irrational trade sanctions from the developed countries. At the same time, however, it is important for China to make its own contribution to improve global economic governance and building a new international economic order in the era of global value chains by strengthening its policy coordination with other countries.