Adjustment of Basle Capital Agreement will influence the risk management and capital arrangement demand of the banks with different scales, operation level and environment. It will have widespread and profound effect ...Adjustment of Basle Capital Agreement will influence the risk management and capital arrangement demand of the banks with different scales, operation level and environment. It will have widespread and profound effect on the competition strength of every country＇s banks in the global market. Starting with illustration of the present cond（tion of risk management in China＇s banks, the paper analyzes the major problems existing in the risk management system of China＇s banking industry, then puts forward some clues and suggestions to improve and better the risk management system of China＇s banking industry.展开更多
Excessive liquidity seriously affects Chinese economy. Thus, various policy proposals have been submitted by some scholars. The author holds that whatever form it may take, reducing trade surplus would harm China’s e...Excessive liquidity seriously affects Chinese economy. Thus, various policy proposals have been submitted by some scholars. The author holds that whatever form it may take, reducing trade surplus would harm China’s economic development. On the other hand, it is difficult to boost domestic consumption by increasing the resident spending on food, clothing etc. In order to consolidate the policy of domestic demand, it is important to separate production and non-production investment and create better economic conditions by accelerating the development of non-production investment and increasing the supply of "housing, traveling and education" related consumption.展开更多
The Hong Kong Monetary Authority(HKMA)recently published a package of policy initiativesto reform the local banking market.First of the two prominent features of thisreform package concerns the deregulation of therema...The Hong Kong Monetary Authority(HKMA)recently published a package of policy initiativesto reform the local banking market.First of the two prominent features of thisreform package concerns the deregulation of theremaining interest rate ceilings.The first phase of deregulation,scheduled totake place on July 1,2000,will see the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
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
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
On the eve of the grand celebrations marking the 45th anniversary for the founding of new China, the People’s Construction Bank of China, one of our country’s four pillars of the banking industry, welcomed its 40th ...On the eve of the grand celebrations marking the 45th anniversary for the founding of new China, the People’s Construction Bank of China, one of our country’s four pillars of the banking industry, welcomed its 40th birthday. The Government Administration Council decided on September 9, 1954, to establish the People’s Construction Bank of China to handle mainly appropriations for capital construction and floating capital loans for construction enterprises toexercise financial supervision of the rational use展开更多
Nowadays,the Chinese market is full of imported farming products,including products such as Thai rice,Vietnamese durian,Australian fresh meat.In the meantime,China’s special farming products also appear on the overse...Nowadays,the Chinese market is full of imported farming products,including products such as Thai rice,Vietnamese durian,Australian fresh meat.In the meantime,China’s special farming products also appear on the overseas dining table.Utilizing both the domestic and overseas markets and resources,China’s farming has展开更多
In the process of accession to the WTO, China opened up its agricultural market to a large extent, cut its agricultural tariffs by 72%. The current agricultural tariff is less than 1 / 4 of the average international l...In the process of accession to the WTO, China opened up its agricultural market to a large extent, cut its agricultural tariffs by 72%. The current agricultural tariff is less than 1 / 4 of the average international level, lower than developing nations such as India展开更多
Finance It is permitted to establish Sino-foreign joint-venture financial companies, wholly foreign-owned financial companies, and Sino-foreign joint-venture banks, provided that both sides in the joint venture are fi...Finance It is permitted to establish Sino-foreign joint-venture financial companies, wholly foreign-owned financial companies, and Sino-foreign joint-venture banks, provided that both sides in the joint venture are financial institutions, and the foreign side has a representative office in China.展开更多
The People’s Bank of China promulgated andput in force days ago Regulation on Foreign Ex-change Accounts in China, according to which for-eign individuals or legal persons can open foreignexchange accounts to keep fo...The People’s Bank of China promulgated andput in force days ago Regulation on Foreign Ex-change Accounts in China, according to which for-eign individuals or legal persons can open foreignexchange accounts to keep foreign exchange fortrading B stock in China.As stipulated by the regulation, as to foreigncurrency stock accounts opened bydomestic insti-tutions with the income from issuing stocks, theirreceipt shall be income from issuing stocks anddisbursement shall be used for the purposes pro-vided for in the prospectus approved by securitiessupervising organs; as to foreign exchange ac-counts opened by foreign individuals or legal per-sons for trading B stocks in China.their receipt shallbe the income of trading stocks and foreign ex-change remitted or brought in from abroad, andtheir disbursement shall be used for buying andselling stocks.As provided in the regulation, for the purposeof opening B stock account to trade B stocks展开更多
Overview of China＇s mining sector Although Africa is home to some of the largest mining deposits. China retains the title of the world＇s largest mining sector, It is a leading producer of minerals such gold. lead, z...Overview of China＇s mining sector Although Africa is home to some of the largest mining deposits. China retains the title of the world＇s largest mining sector, It is a leading producer of minerals such gold. lead, zinc, coal, tin, iron and silver and the world＇s foremost producer of rare earths, accounting for over 90 percent of the global production. Ironically, China is also the world＇s top consumer of the,same minerals and often has to rely on imports to deal with the internal deficit. There is no doubt that the future success of the Chinese economy is dependent on the ability to secure long- term access to mineral and metal resources,展开更多
Ⅰ. Introduction In the wake of the Debt Crisis of the early 1980s, the World Bank pub-lished a report to summarize developing countries’ experience in utilizingforeign capital. According to the report, "Foreign...Ⅰ. Introduction In the wake of the Debt Crisis of the early 1980s, the World Bank pub-lished a report to summarize developing countries’ experience in utilizingforeign capital. According to the report, "Foreign finance can promotegrowth through higher investment and technology transfers. It can allowcountries to adjust gradually to new circumstances in the world economy.展开更多
This paper compares the internal structures of the manufacturing industries in China and the U.S. from 1998 to 2005 and leads to three major discoveries: First, the gaps between China and the U.S.'s manufacturing ...This paper compares the internal structures of the manufacturing industries in China and the U.S. from 1998 to 2005 and leads to three major discoveries: First, the gaps between China and the U.S.'s manufacturing capacity have been narrowing at a high speed in the last seven years, during which the share of added value of China's manufacturing industry to that of the U.S. increased from 13% to 52%, and then reached 76% in 2007. Second, the labor force employed in China's manufacturing industry increased by 50%, of which the increase in capital and technology-intensive production sectors exceeded that in labor-intensive sectors. Meanwhile, the labor force employed in the U.S. manufacturing industry decreased. Third, labor productivity in China's manufacturing industry increased by 2.78 times, and profits increased by 2.21 times, much higher than the U.S. growth rates of 18.2% and 49.5%. Obviously, the narrowing gaps between China and the U.S.'s production capacities mean China's industrial progress and the hierarchy of world industrial powers will be rearranged.展开更多
文摘Adjustment of Basle Capital Agreement will influence the risk management and capital arrangement demand of the banks with different scales, operation level and environment. It will have widespread and profound effect on the competition strength of every country＇s banks in the global market. Starting with illustration of the present cond（tion of risk management in China＇s banks, the paper analyzes the major problems existing in the risk management system of China＇s banking industry, then puts forward some clues and suggestions to improve and better the risk management system of China＇s banking industry.
基金a research outcome of the author under a key program of National Social Sciences Fund (08AJY006)."An Argument on Excess Liquidity" and "Second Argument on Excess Liquidity"published on the fifth and sixth issues of the journal Finance&Trade Economics are also an outcome of this research
文摘Excessive liquidity seriously affects Chinese economy. Thus, various policy proposals have been submitted by some scholars. The author holds that whatever form it may take, reducing trade surplus would harm China’s economic development. On the other hand, it is difficult to boost domestic consumption by increasing the resident spending on food, clothing etc. In order to consolidate the policy of domestic demand, it is important to separate production and non-production investment and create better economic conditions by accelerating the development of non-production investment and increasing the supply of "housing, traveling and education" related consumption.
文摘The Hong Kong Monetary Authority(HKMA)recently published a package of policy initiativesto reform the local banking market.First of the two prominent features of thisreform package concerns the deregulation of theremaining interest rate ceilings.The first phase of deregulation,scheduled totake place on July 1,2000,will see the
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On the eve of the grand celebrations marking the 45th anniversary for the founding of new China, the People’s Construction Bank of China, one of our country’s four pillars of the banking industry, welcomed its 40th birthday. The Government Administration Council decided on September 9, 1954, to establish the People’s Construction Bank of China to handle mainly appropriations for capital construction and floating capital loans for construction enterprises toexercise financial supervision of the rational use
文摘Nowadays,the Chinese market is full of imported farming products,including products such as Thai rice,Vietnamese durian,Australian fresh meat.In the meantime,China’s special farming products also appear on the overseas dining table.Utilizing both the domestic and overseas markets and resources,China’s farming has
文摘In the process of accession to the WTO, China opened up its agricultural market to a large extent, cut its agricultural tariffs by 72%. The current agricultural tariff is less than 1 / 4 of the average international level, lower than developing nations such as India
文摘Finance It is permitted to establish Sino-foreign joint-venture financial companies, wholly foreign-owned financial companies, and Sino-foreign joint-venture banks, provided that both sides in the joint venture are financial institutions, and the foreign side has a representative office in China.
文摘The People’s Bank of China promulgated andput in force days ago Regulation on Foreign Ex-change Accounts in China, according to which for-eign individuals or legal persons can open foreignexchange accounts to keep foreign exchange fortrading B stock in China.As stipulated by the regulation, as to foreigncurrency stock accounts opened bydomestic insti-tutions with the income from issuing stocks, theirreceipt shall be income from issuing stocks anddisbursement shall be used for the purposes pro-vided for in the prospectus approved by securitiessupervising organs; as to foreign exchange ac-counts opened by foreign individuals or legal per-sons for trading B stocks in China.their receipt shallbe the income of trading stocks and foreign ex-change remitted or brought in from abroad, andtheir disbursement shall be used for buying andselling stocks.As provided in the regulation, for the purposeof opening B stock account to trade B stocks
文摘Overview of China＇s mining sector Although Africa is home to some of the largest mining deposits. China retains the title of the world＇s largest mining sector, It is a leading producer of minerals such gold. lead, zinc, coal, tin, iron and silver and the world＇s foremost producer of rare earths, accounting for over 90 percent of the global production. Ironically, China is also the world＇s top consumer of the,same minerals and often has to rely on imports to deal with the internal deficit. There is no doubt that the future success of the Chinese economy is dependent on the ability to secure long- term access to mineral and metal resources,
文摘Ⅰ. Introduction In the wake of the Debt Crisis of the early 1980s, the World Bank pub-lished a report to summarize developing countries’ experience in utilizingforeign capital. According to the report, "Foreign finance can promotegrowth through higher investment and technology transfers. It can allowcountries to adjust gradually to new circumstances in the world economy.
基金sponsored by "Empirical Research Project on China's Industrial Innovation Strategies and Policy Options",which is a major project of a key humanities and social sciences research center of the Ministry of Educationfunded by the "regional" sub-project of China's International Economic Competitiveness Research and Innovation Center of Fudan University
文摘This paper compares the internal structures of the manufacturing industries in China and the U.S. from 1998 to 2005 and leads to three major discoveries: First, the gaps between China and the U.S.'s manufacturing capacity have been narrowing at a high speed in the last seven years, during which the share of added value of China's manufacturing industry to that of the U.S. increased from 13% to 52%, and then reached 76% in 2007. Second, the labor force employed in China's manufacturing industry increased by 50%, of which the increase in capital and technology-intensive production sectors exceeded that in labor-intensive sectors. Meanwhile, the labor force employed in the U.S. manufacturing industry decreased. Third, labor productivity in China's manufacturing industry increased by 2.78 times, and profits increased by 2.21 times, much higher than the U.S. growth rates of 18.2% and 49.5%. Obviously, the narrowing gaps between China and the U.S.'s production capacities mean China's industrial progress and the hierarchy of world industrial powers will be rearranged.
