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
Trade and economic relations between China and Africa have a protracted history and have developed incrementally over the course of time. Consequently, increasing numbers of Chinese businesses and entrepreneurs have s...Trade and economic relations between China and Africa have a protracted history and have developed incrementally over the course of time. Consequently, increasing numbers of Chinese businesses and entrepreneurs have sought partnerships with African companies with the aim of establishing strategic partnerships, collaborations, and joint ventures. In recent years, these Sino-African trading relations have been the subject of consistent debate and scrutiny, attracting positive and negative analyses from scholars and practitioners across disciplines. Some studies questioned China's motives in Africa's markets, and others viewed with suspicion the structure of Sino-Africa's bilateral trading engagements. Conducting an extensive literature survey of related sources and employing content analysis of recent and current data (2000-2009), the paper examined institutional and academic publications pertaining to Sino-African relationship. It determines imbalance in the structure of Sino-African bilateral trade, negative impact on domestic economic development, and competitive disadvantage in African marketplaces. Policy implications of these findings were provided as well as recommendations for mutual trade benefits and global strategic investments展开更多
From the practice of Chinese enterprises, the paper discusses three constraint conditions of China's internal controls including the system environmental constraint, cost constraint and organization constraint, and a...From the practice of Chinese enterprises, the paper discusses three constraint conditions of China's internal controls including the system environmental constraint, cost constraint and organization constraint, and advances the suggestions on the approaches to improve Chinese enterprises' internal controls level.展开更多
With the increasing development of the logistics industry in China, more and more enterprises increasingly emphasis on logistics management, and initially have made certain achievements in logistics management to carr...With the increasing development of the logistics industry in China, more and more enterprises increasingly emphasis on logistics management, and initially have made certain achievements in logistics management to carry out the majority of small and medium enterprises in China which is less than ideal. The logistics has great potential in reducing costs. This article discusses the mode of operation of the enterprise logistics management. And it has an important significance to constantly optimize enterprise logistics, to improve logistics management and the competitiveness of SMEs in China.展开更多
The market environment and the competition characteristics between the enterprises is different from the traditional competition, the competition between individual enterprise is displaced by the comprehensive strengt...The market environment and the competition characteristics between the enterprises is different from the traditional competition, the competition between individual enterprise is displaced by the comprehensive strength of alliance supply chain which formed by upstream and downstream suppliers and customers whose main body is core enterprise, whether production enterprise or retail business are inevitably to form as chain so that to obtain the relative cost advantage and quick reaction advantage in the fierce market competition. Combining the theory and practice comparison of enterprise supply chain management at home and abroad, we can find that the theory and practice of Chinese enterprises supply chain management are falling behind developed countries In the new economic background, research and discussion of China' s enterprise supply chain management theory and practice, is helpful to promote the enterprise comprehensive competition ability and improve the economic benefit of enterprise.展开更多
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Trade and economic relations between China and Africa have a protracted history and have developed incrementally over the course of time. Consequently, increasing numbers of Chinese businesses and entrepreneurs have sought partnerships with African companies with the aim of establishing strategic partnerships, collaborations, and joint ventures. In recent years, these Sino-African trading relations have been the subject of consistent debate and scrutiny, attracting positive and negative analyses from scholars and practitioners across disciplines. Some studies questioned China's motives in Africa's markets, and others viewed with suspicion the structure of Sino-Africa's bilateral trading engagements. Conducting an extensive literature survey of related sources and employing content analysis of recent and current data (2000-2009), the paper examined institutional and academic publications pertaining to Sino-African relationship. It determines imbalance in the structure of Sino-African bilateral trade, negative impact on domestic economic development, and competitive disadvantage in African marketplaces. Policy implications of these findings were provided as well as recommendations for mutual trade benefits and global strategic investments
文摘From the practice of Chinese enterprises, the paper discusses three constraint conditions of China's internal controls including the system environmental constraint, cost constraint and organization constraint, and advances the suggestions on the approaches to improve Chinese enterprises' internal controls level.
文摘With the increasing development of the logistics industry in China, more and more enterprises increasingly emphasis on logistics management, and initially have made certain achievements in logistics management to carry out the majority of small and medium enterprises in China which is less than ideal. The logistics has great potential in reducing costs. This article discusses the mode of operation of the enterprise logistics management. And it has an important significance to constantly optimize enterprise logistics, to improve logistics management and the competitiveness of SMEs in China.
文摘The market environment and the competition characteristics between the enterprises is different from the traditional competition, the competition between individual enterprise is displaced by the comprehensive strength of alliance supply chain which formed by upstream and downstream suppliers and customers whose main body is core enterprise, whether production enterprise or retail business are inevitably to form as chain so that to obtain the relative cost advantage and quick reaction advantage in the fierce market competition. Combining the theory and practice comparison of enterprise supply chain management at home and abroad, we can find that the theory and practice of Chinese enterprises supply chain management are falling behind developed countries In the new economic background, research and discussion of China' s enterprise supply chain management theory and practice, is helpful to promote the enterprise comprehensive competition ability and improve the economic benefit of enterprise.