Exploration of the Construction of Economic Service Trade System under the Background of Hainan Free Trade Port

China has a large population,a large middle-income group,and a wide consumer market coverage.In the context of economic globalization,the connection between the Chinese economy and the world industrial chain has been further strengthened,contributing to the development of the global economy.Under the background of the Hainan Free Trade Port,building an economic service trade system will help to create a new highland for economic service trade,promote the development of China’s service trade,and facilitate the rational allocation of resources on a global scale.Because of this,the article will analyze the opportunities for building an economic service trade system and the challenges of building an economic service trade system under the background of Hainan Free Trade Port,and focus on analyzing the path strategies for building an economic service trade system to create a high-level new highland of service trade and actively face the challenges of era development and economic upgrading[1].

Abstract of Speech by Fred Engst,American Sinologist and Professor of School of International Economics and Trade of University of International Business and Economics

Mr.Fred Engst,American sinologist and Professor of School of International Economics and Trade of University of International Business and Economics,through the perspective of economic development,illustrated the reason for China’s rising and the high-quality growth of China’s economy and analysed the misunderstandings Western scholars currently hold about China.

Examining the Trends and Influencing Factors of International Trade in the Era of New Economic Globalization

In the context of the new era of economic globalization,the development of international trade holds immense significance in fostering global economic recovery and advancing the process of global economic integration.Against this backdrop,aspects such as trade liberalization,digital trade,trade in services,and the influence of multinational companies are becoming increasingly prominent.Concurrently,factors encompassing economic,political,technological,and environmental considerations,as well as regional economic integration,will exert influence on the trajectory of international trade development.This paper aims to comprehensively explore the development trends of international trade and the myriad influencing factors within the framework of the new economic globalization.

Economic Influencing Factors of Trade Volume Between China and RCEP Member States

This paper examines the impact of key economic factors on trade volumes between China and the Regional Comprehensive Economic Partnership(RCEP)member states.Studies have shown that gross domestic products(GDP),exchange rate,and inflation have an impact on China’s import and export trade volume with RCEP member states.China’s export trade volume to RCEP member states is deeply affected by China’s GDP,but the import trade volume depends on China’s domestic demand and market.The impact of exchange rates on import and export trade volumes varies from country to country.China’s export volume to RCEP member states is generally more affected by the consumption level of its residents than the consumption level of Chinese residents.

A low-carbon economic dispatch model for electricity market with wind power based on improved ant-lion optimisation algorithm

Introducing carbon trading into electricity market can convert carbon dioxide into schedulable resources with economic value.However,the randomness of wind power generation puts forward higher requirements for electricity market transactions.Therefore,the carbon trading market is introduced into the wind power market,and a new form of low-carbon economic dispatch model is developed.First,the economic dispatch goal of wind power is be considered.It is projected to save money and reduce the cost of power generation for the system.The model includes risk operating costs to account for the impact of wind power output variability on the system,as well as wind farm negative efficiency operating costs to account for the loss caused by wind abandonment.The model also employs carbon trading market metrics to achieve the goal of lowering system carbon emissions,and analyze the impact of different carbon trading prices on the system.A low-carbon economic dispatch model for the wind power market is implemented based on the following two goals.Finally,the solution is optimised using the Ant-lion optimisation method,which combines Levi's flight mechanism and golden sine.The proposed model and algorithm's rationality is proven through the use of cases.

Analysis on Scale, Level and Structure of China-Kazakhstan Intra-Industry Trade of Energy Products-Based on Silk. Road Economic Zone as Strategic Background

论文依次从规模、水平、结构三个角度,分析1999年-2014年中国与哈萨克斯坦能源产品产业内贸易发展状况D 结果表明：中哈能源产品贸易规模扩大,但以产业间贸易为主,产业内贸易集中于石油产品,其中垂直型产业内贸易占主要地位,能源产品产业内贸易有较大提升空间D 在此基础上对中哈能源产品产业内贸易影响因素进行探究,考察经济规模、收入差异、贸易公平程度、外商直接投资等四个因素对产业内贸易的影响,为发展中哈能源贸易提供实证依据及合理建议.

Two-Stage Low-Carbon Economic Dispatch of Integrated Demand Response-Enabled Integrated Energy System with Ladder-Type Carbon Trading

Driven by the goal of“carbon neutrality”and“emission peak”,effectively controlling system carbon emissions has become significantly important to governments around the world.To this end,a novel two-stage low-carbon economic scheduling framework that considers the coordinated optimization of ladder-type carbon trading and integrated demand response(IDR)is proposed in this paper for the integrated energy system(IES),where the first stage determines the energy consumption plan of users by leveraging the price-based electrical-heat IDR.In contrast,the second stage minimizes the system total cost to optimize the outputs of generations with consideration of the uncertainty of renewables.In addition,to fully exploit the system’s emission reduction potential,a carbon trading cost model with segmented CO_(2) emission intervals is built by introducing a reward-penalty ladder-type carbon trading mechanism,and the flexible thermal comfort elasticity of customers is taken into account by putting forward a predicted mean vote index on the load side.The CPLEX optimizer resolves the two-stage model,and the study results on a modified IES situated in North China show the proposed model can effectively reduce carbon emissions and guarantee economical efficiency operation of the system.

Impact of openness, economic policy reform and regional shocks on trade and growth of Thailand： An econometric study

Thailand has currently enhanced and promoted intensive trade and investment liberalization and implemented long-term growth policy according with current regional economic integration, WTO obligations and globalization. Nevertheless, several recent internal and external factors e.g. the massive SARS and avian flu outbreaks, the Indian Ocean tsunami devastation, the Asia financial crisis and domestic policy reforms （ICSEAD, 2006） have also impeded this policy. While the issues are important for Thailand and developing countries in Asia, only limited research has been undertaken to investigate them. The paper conducts a substantive quantitative study to contribute to these trade and development policy issues. A new econometric modelling policy method, namely the generalized gravity theory （Tran Van Hoa, 2004） is used to develop a simple flexible simultaneous-equation econometric model of Thailand＇s openness model with its seven major trade partners （ASEAN-4, Australia, the USA, the EU, China, Japan and India）. Using data from the ICSEAD, the World Development Indicators and the Bank of Thailand databases, the paper reveals efficient and reliable empirical findings on trade-growth causality, trade determination including the impact of shocks and policy reform on trade and growth between Thailand and its major trade partners over the past two decades. The paper also provides evidence on the linkages between trade in goods, FDI and services and regional economic integration for more credible policy implications.

Empirical Research on Correlation of Foreign Trade and Economic Growth --Taking Shanghai as an Example

Based on the statistical data of Shanghai, the paper makes empirical research on the relationship between foreign trade and economic growth. The research results indicate that there is long-term dynamic and equilibrium relationship between foreign trade and economic growth, and the economic growth is the Granger cause of trade import. Since 1979, rapid growth of economy motivates the expansion of trade import, but the pulling effect of import on economic growth is not evident. In addition, trade import promotes economic growth in the long run. But we can see that from the economic data in Shanghai that the promotion has not become the source motivate force of growth for trade expert.

Exploring New Ways to Deepen the Reform of State-owned Foreign Economic and Trade Enterprises

By the end of the century, the reform and development of China’s state-owned enterprises will create new prospects. The reform of state-owned foreign economic and trade enterprises should also see further breakthroughs. At present, the following aspects are important: 1. Implement a Holdings System in the Reform of State-owned Foreign Economic and Trade Enterprises. The holdings system plays a major role in transferring the management mechanism of state-owned foreign economic and

On the Eve of the Enforcement of the Arbitration Law——An interview with Xu Dayou, vice-chairman of China Council for the Promotion of International Trade and of the China International Economic and Trade Arbitration Commission

The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic disputes. All the parties concerned are making intense preparations for the successful enforcement of the Law. As the first nongovernmental organisation engaged in arbitration affairs, the China Council

China Hosts the China-Africa Economic and Trade Expo

June was a busy month for Sino-African events, with China hosting both the *Coordinators Meeting on the Implementation of the Follow-up Actions of the Beying Summit of the Forum on China- Africa Cooperation (FOCAC) in Beijing on June 24-25, and the First China-Africa Economic and Trade Expo (CAETE) in Changsha, capital of central China's Hunan Province, on June 27-29.

On Adding New Discipline of Special Trade Economics Southwest University Rongchang Campus

At present,the total production output of agricultural and livestock products is constantly increasing and the total market demand is also increasing substantially. This will increase trade volume of agricultural and livestock products and also bring about rise of talent demand.It is necessary and feasible to add new discipline of special trade economics in Southwest University Rongchang Campus. This meets social demands for special trade economic talents,especially agricultural and livestock product trade economic talents.

Panama-China Economic and Trade Cooperation Forum Opened

The Economic and Trade Cooperation Forum between Panama and China was held in Panama City on December 3,2018.The forum,co-hosted by the China Council for the Promotion of International Trade(CCPIT)and Ministry of Commerce and Industries,invited a total of 300 delegates from Chinese and Panamanian enterprises.

Trumponomics and China-US Economic and Trade Relations

Since he took office, the new US president, Donald Trump, has unveiled his broad economic policy--now called Trumponomics. It emphasizes neoliberalism at home, less government regulations, more growth and weakening the welfare state. Intemationally, Trumponomics embraces protectionism and nativism with a focus on US economic interests. Trumponomics caters to the lower-middle classes, a reflection of the country＇s current economic and diplomatic challenges. Trumponomics will bring uncertainty to China-US economic and trade relations. China should carefully study the policies of the Trump administration and prepare contingency plans.

China's Overseas Economic and Trade Cooperation Zones Are Being Upgraded

In recent years, Chinas foreign investment and cooperation have grown rapidly, making contributions to ,both the host country and the world economy. In the year of 2016, China＇s FDI reached USD 196.15 billion,

The Impact of Chinese Trade and Investment on West African Economic Growth: A Spatial Econometrics Approach

This paper has studied the West African region or Economic Community of West African States (ECOWAS) which includes fifteen countries and its relationship with China. Three countries (Cote d’Ivoire, Ghana, and Nigeria) of the fifteen countries which are economically representative in the west African region to represent the overall-region were studied. Therefore, the objective of this study is to investigate the spatial effect of Chinese trade and investment on the economic growth of West Africa. The study focuses on the period from 1960-2014 using the dynamic panel data approach and spatial autoregressive approach for the econometric analysis of this topic. Empirically, the results show that trade openness with China has a positive impact on the neighboring countries of the region, especially for those who share the same border. Chinese investment is vital to the region’s economic growth as the results show that one dollar investment increase from China to the host country increases the economic growth in the neighboring countries by 0.328%.

Economic and Trade News

China’s Economy Growing 7.8 PercentChina’s economy grew 7.8% to RMB4,553.6 billion (US$548.6 billion) in the first half year, reaching the national economic growth target of 7% according to the National Bureau of Statistics. The Chinese government has continued to carry out a pro-active fiscal policy to expand domestic demand.

ECONOMIC & TRADE NEWS

Many experts think the centre of the world economy will transfer from the Atlantic Ocean to the Pacific, and the peaceful environment and great development may be a good opportunity for China’s economy to grow, and for China to play an important role in the world economy.