The Chinese government set up the State Development Bank against the background of the Chinese economic system being transformed from planned to market. In May 1995, the State Development Investment Corporation was es...The Chinese government set up the State Development Bank against the background of the Chinese economic system being transformed from planned to market. In May 1995, the State Development Investment Corporation was established. Does this mean that China’s investment system reform is advancing at a much展开更多
Zhu Rongji, Vice Premier of the State Council of China, on January 27, 1995, made a speech "on China’s Reform and Development" at the World Economic Forum held in Davos in Switzerland. He gave a briefing on...Zhu Rongji, Vice Premier of the State Council of China, on January 27, 1995, made a speech "on China’s Reform and Development" at the World Economic Forum held in Davos in Switzerland. He gave a briefing on China’s reform and opening up and economic development.展开更多
The United States passed the Better Utilization of Investment Leading to Development(BUILD Act),as a counterweight to China’s overseas development activities.Under the Act,the US established a new federal agency,the ...The United States passed the Better Utilization of Investment Leading to Development(BUILD Act),as a counterweight to China’s overseas development activities.Under the Act,the US established a new federal agency,the U.S.International Development Finance Corporation(DFC),to enhance U.S.development financing capabilities.To better understand the impact of the DFC on China’s development finance,this article analyzes the DFC’s purpose,functions,structure,and funding.Then it focuses on the purpose of establishing the DFC,providing a preliminary analysis of the potential motivation for its establishment.It also compares the China Development Bank(CDB)and the DFC based on their focused sectors.Finally,through an in-depth analysis of financial frictions in China-U.S.relations,this article argues that the DFC competes with China’s overseas development financing activities in the context of broader strategic competition between China and the U.S.展开更多
The Clean Development Mechanism,a flexibility mechanism contained in the KyotoProtocol, offers China an important tool to attractinvestment in clean energy technology and processesinto its electricity sector. The Chin...The Clean Development Mechanism,a flexibility mechanism contained in the KyotoProtocol, offers China an important tool to attractinvestment in clean energy technology and processesinto its electricity sector. The Chinese electricitysector places centrally in the country’s economy andenvironment, being a significant contributor to theacid rain and air pollution problems that plague manyof China’s cities and regions, and therefore a focusof many related energy and environmental policies.China’s electricity sector has also been the subjectof a number of economic analyses that have showedthat it contains the highest potential for clean energyinvestment through the Clean DevelopmentMechanism of any economic sector in China. Thismechanism, through the active participation frominvestors in more industrialized countries, can helpalleviate the environmental problems attributable toelectricity generation in China through advancingsuch technology as wind electricity generation, cleancoal technology, high efficient natural gas electricitygeneration, or utilization of coal mine methane. Inthis context, the Clean Development Mechanismalso compliments a range of environmental and energypolicies which are strategizing to encourage thesustainable development of China’s economy.展开更多
In recent years,China’s catering sector has experienced profound changes in terms of industrial scale and management level,showing a favorable development momentum with steadily expanding industrial scale,optimizing ...In recent years,China’s catering sector has experienced profound changes in terms of industrial scale and management level,showing a favorable development momentum with steadily expanding industrial scale,optimizing market structure,complete categories,various brands,more standardized industrial management and upgrading service quality.展开更多
Ⅳ.Development of Printing Technology i.16 characters guideline and 28 characters guidefine directed the development of China’s printing technology Mr.Fan Muhan chaired 16 characters guideline in September,1982,which...Ⅳ.Development of Printing Technology i.16 characters guideline and 28 characters guidefine directed the development of China’s printing technology Mr.Fan Muhan chaired 16 characters guideline in September,1982,which includes laserphototypesetting,展开更多
(connected to the last month’s Print China) V.Regional Economy Regional imbalance appeared in development of China’s printing industry because of impact of gov-
The paper analyzes the interaction between the pension system and capital marketdevelopment, especially the case of China. A funded pension system is most likely to boostthe capital market, but in the absence of a sup...The paper analyzes the interaction between the pension system and capital marketdevelopment, especially the case of China. A funded pension system is most likely to boostthe capital market, but in the absence of a supportive financial infrastructure and effectivefinancial regulation, a funded system will not be successful. Chinas determination to establisha partially funded system is a first step in the right direction, but without the separation ofindividual accounts from the social pooling and their replenishment, the working out of theimplicit pension debt, and improvements in pension fund management and regulation, thepension system will not be sustainable. The key to capital market development in the processof the pension reform is to enact laws to protect the interests of pensioners, to contract outpension fund management to professional asset managers, and to accelerate the financialopening.展开更多
The year 2018 coincides with the 40 th anniversary of China's reform and opening-up. Over the past 40 years, China's economic development has made great achievements, which may be regarded as a "miracle&q...The year 2018 coincides with the 40 th anniversary of China's reform and opening-up. Over the past 40 years, China's economic development has made great achievements, which may be regarded as a "miracle" of economic development. This economic miracle is reflected in the scale and quality of China's economic development. China's 4-decade economic development has not only brought great changes to Chinese society, but also has a profound impact on the growth and development of the world economy. However, this does not mean that China has found a complete new road to economic development. China needs to correctly view its achievements in the 40-year reform and opening-up, and accelerate the transformation and upgrading of economic development in a new era, so as to make a greater contribution to the sustainable development of the world economy.展开更多
Some notes on sustainable development and scientific outlook on development were given. It is addressed that the mission of higher education to contribute to sustainable development should be reinforced and further ex...Some notes on sustainable development and scientific outlook on development were given. It is addressed that the mission of higher education to contribute to sustainable development should be reinforced and further expanded. The present situation of China's higher education and the improvements required were analyzed. Two modes of thinking (reductionism and holism) and the relationship between the mode of thinking and the mode of development were discussed. The change in the mode of thinking is the key point for Chinese higher education, and more intensive reform of teaching affairs is necessary. A proposal of the revision of China's Higher Education Act and University Constitutions was put forward.展开更多
With the further deepening of the reform of the economic system, China’sreal estate industry has been rapidly developing in recent years and is gradually becomingone of the major industries in China’s national econo...With the further deepening of the reform of the economic system, China’sreal estate industry has been rapidly developing in recent years and is gradually becomingone of the major industries in China’s national economy. The author from seven aspectssummarises the reform and development of China’s real estate industry in the recent展开更多
China’s central bank has unveiled its market-oriented proposals on interest rate policies. The People’s Bank of China said that China’s interest rate market reform would give priority to foreign currencies, rather ...China’s central bank has unveiled its market-oriented proposals on interest rate policies. The People’s Bank of China said that China’s interest rate market reform would give priority to foreign currencies, rather than the Chinese currency. That means the day when the fluctuation of interest rates of foreign currencies will be liberalized would come before the floating of the Renmenbi rate.展开更多
Since 1979 China has adopted a series of measures to reform its financial system. These measures involved establishing the macro control system of the central bank. setting up policy banks, perfecting the financial or...Since 1979 China has adopted a series of measures to reform its financial system. These measures involved establishing the macro control system of the central bank. setting up policy banks, perfecting the financial organization system, developing commercial banks and the monetary market, and reforming the foreign currency management system. The reforms of the past 15 years have brought great changes to China’s financial system. The old unified banking system was broken and diversified financing institutes emerged. Now a financial system comprising the central bank, specialized banks, commercial banks, insurance companics, trust展开更多
Ⅰ.IntroductionSince the reform and opening-up,treasury bonds haveplayed an important role in raising funds and adjusting themacroeconomic activities in China.In 1998,China implemented a pro-active fiscal policy, whic...Ⅰ.IntroductionSince the reform and opening-up,treasury bonds haveplayed an important role in raising funds and adjusting themacroeconomic activities in China.In 1998,China implemented a pro-active fiscal policy, which was aimed at ex-panding the domestic demand,offsetting the combinednegative effects of the Asian financial crisis,the economic展开更多
文摘The Chinese government set up the State Development Bank against the background of the Chinese economic system being transformed from planned to market. In May 1995, the State Development Investment Corporation was established. Does this mean that China’s investment system reform is advancing at a much
文摘Zhu Rongji, Vice Premier of the State Council of China, on January 27, 1995, made a speech "on China’s Reform and Development" at the World Economic Forum held in Davos in Switzerland. He gave a briefing on China’s reform and opening up and economic development.
文摘The United States passed the Better Utilization of Investment Leading to Development(BUILD Act),as a counterweight to China’s overseas development activities.Under the Act,the US established a new federal agency,the U.S.International Development Finance Corporation(DFC),to enhance U.S.development financing capabilities.To better understand the impact of the DFC on China’s development finance,this article analyzes the DFC’s purpose,functions,structure,and funding.Then it focuses on the purpose of establishing the DFC,providing a preliminary analysis of the potential motivation for its establishment.It also compares the China Development Bank(CDB)and the DFC based on their focused sectors.Finally,through an in-depth analysis of financial frictions in China-U.S.relations,this article argues that the DFC competes with China’s overseas development financing activities in the context of broader strategic competition between China and the U.S.
文摘The Clean Development Mechanism,a flexibility mechanism contained in the KyotoProtocol, offers China an important tool to attractinvestment in clean energy technology and processesinto its electricity sector. The Chinese electricitysector places centrally in the country’s economy andenvironment, being a significant contributor to theacid rain and air pollution problems that plague manyof China’s cities and regions, and therefore a focusof many related energy and environmental policies.China’s electricity sector has also been the subjectof a number of economic analyses that have showedthat it contains the highest potential for clean energyinvestment through the Clean DevelopmentMechanism of any economic sector in China. Thismechanism, through the active participation frominvestors in more industrialized countries, can helpalleviate the environmental problems attributable toelectricity generation in China through advancingsuch technology as wind electricity generation, cleancoal technology, high efficient natural gas electricitygeneration, or utilization of coal mine methane. Inthis context, the Clean Development Mechanismalso compliments a range of environmental and energypolicies which are strategizing to encourage thesustainable development of China’s economy.
文摘In recent years,China’s catering sector has experienced profound changes in terms of industrial scale and management level,showing a favorable development momentum with steadily expanding industrial scale,optimizing market structure,complete categories,various brands,more standardized industrial management and upgrading service quality.
文摘Ⅳ.Development of Printing Technology i.16 characters guideline and 28 characters guidefine directed the development of China’s printing technology Mr.Fan Muhan chaired 16 characters guideline in September,1982,which includes laserphototypesetting,
文摘(connected to the last month’s Print China) V.Regional Economy Regional imbalance appeared in development of China’s printing industry because of impact of gov-
文摘The paper analyzes the interaction between the pension system and capital marketdevelopment, especially the case of China. A funded pension system is most likely to boostthe capital market, but in the absence of a supportive financial infrastructure and effectivefinancial regulation, a funded system will not be successful. Chinas determination to establisha partially funded system is a first step in the right direction, but without the separation ofindividual accounts from the social pooling and their replenishment, the working out of theimplicit pension debt, and improvements in pension fund management and regulation, thepension system will not be sustainable. The key to capital market development in the processof the pension reform is to enact laws to protect the interests of pensioners, to contract outpension fund management to professional asset managers, and to accelerate the financialopening.
文摘The year 2018 coincides with the 40 th anniversary of China's reform and opening-up. Over the past 40 years, China's economic development has made great achievements, which may be regarded as a "miracle" of economic development. This economic miracle is reflected in the scale and quality of China's economic development. China's 4-decade economic development has not only brought great changes to Chinese society, but also has a profound impact on the growth and development of the world economy. However, this does not mean that China has found a complete new road to economic development. China needs to correctly view its achievements in the 40-year reform and opening-up, and accelerate the transformation and upgrading of economic development in a new era, so as to make a greater contribution to the sustainable development of the world economy.
文摘Some notes on sustainable development and scientific outlook on development were given. It is addressed that the mission of higher education to contribute to sustainable development should be reinforced and further expanded. The present situation of China's higher education and the improvements required were analyzed. Two modes of thinking (reductionism and holism) and the relationship between the mode of thinking and the mode of development were discussed. The change in the mode of thinking is the key point for Chinese higher education, and more intensive reform of teaching affairs is necessary. A proposal of the revision of China's Higher Education Act and University Constitutions was put forward.
文摘With the further deepening of the reform of the economic system, China’sreal estate industry has been rapidly developing in recent years and is gradually becomingone of the major industries in China’s national economy. The author from seven aspectssummarises the reform and development of China’s real estate industry in the recent
文摘China’s central bank has unveiled its market-oriented proposals on interest rate policies. The People’s Bank of China said that China’s interest rate market reform would give priority to foreign currencies, rather than the Chinese currency. That means the day when the fluctuation of interest rates of foreign currencies will be liberalized would come before the floating of the Renmenbi rate.
文摘Since 1979 China has adopted a series of measures to reform its financial system. These measures involved establishing the macro control system of the central bank. setting up policy banks, perfecting the financial organization system, developing commercial banks and the monetary market, and reforming the foreign currency management system. The reforms of the past 15 years have brought great changes to China’s financial system. The old unified banking system was broken and diversified financing institutes emerged. Now a financial system comprising the central bank, specialized banks, commercial banks, insurance companics, trust
基金the funds used in the future maintenance on public projects.
文摘Ⅰ.IntroductionSince the reform and opening-up,treasury bonds haveplayed an important role in raising funds and adjusting themacroeconomic activities in China.In 1998,China implemented a pro-active fiscal policy, which was aimed at ex-panding the domestic demand,offsetting the combinednegative effects of the Asian financial crisis,the economic
